Entegra Financial (ENFC) 10-K 16 Mar 18 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Mar. 09, 2018	Jun. 30, 2017
Document And Entity Information
Entity Registrant Name	ENTEGRA FINANCIAL CORP.
Entity Central Index Key	1,522,327
Document Type	10-K
Document Period End Date	Dec. 31, 2017
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Accelerated Filer
Entity Public Float			$ 141,900
Entity Common Stock, Shares Outstanding		6,888,415
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,017

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Assets
Cash and due from banks	$ 15,534	$ 10,709
Interest-earning deposits	93,933	32,585
Cash and cash equivalents	109,467	43,294
Investments - trading	6,095	5,211
Investments - available for sale	342,863	398,291
Other investments, at cost	12,386	15,261
Loans held for sale	3,845	4,584
Loans receivable, net	1,005,139	744,361
Allowance for loan losses	(10,887)	(9,305)
Fixed assets, net	24,113	20,209
Real estate owned	2,568	4,226
Accrued interest receivable	5,405	5,012
Bank owned life insurance	32,150	31,347
Small Business Investment Company Holdings, at cost	3,491	1,655
Net deferred tax asset	8,831	18,985
Loan servicing rights	2,756	2,603
Goodwill	23,903	2,065
Core deposit intangible	4,269	979
Other assets	5,055	4,099
Total assets	1,581,449	1,292,877
Liabilities:
Deposits	1,162,177	830,013
Federal Home Loan Bank advances	223,500	298,500
Junior subordinated notes	14,433	14,433
Other borrowings	8,623	2,725
Post employment benefits	10,174	10,211
Accrued interest payable	935	254
Other liabilities	10,294	3,673
Total liabilities	1,430,136	1,159,809
Commitments and contingencies (Notes 7 and 24)
Equity:
Preferred stock - no par value, 10,000,000 shares authorized; none issued and outstanding
Common stock - no par value, 50,000,000 shares authorized; 6,879,191 and 6,467,550 shares issued and outstanding as of December 31, 2017 and 2016, respectively
Common stock held by Rabbi Trust, at cost; 17,672 and 14,000 shares at December 31, 2017 and 2016, respectively	(379)	(279)
Additional paid in capital	72,997	62,664
Retained earnings	78,718	76,139
Accumulated other comprehensive loss	(23)	(5,456)
Total shareholders' equity	151,313	133,068
Total liabilities and shareholders' equity	$ 1,581,449	$ 1,292,877

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0	$ 0
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0	$ 0
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	6,879,191	6,467,550
Common stock, shares outstanding	6,879,191	6,467,550
Common Stock held by Rabbi Trust	17,672	14,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Interest income:
Interest and fees on loans	$ 38,712	$ 32,324	$ 27,027
Interest on tax exempt loans	380	337	141
Taxable securities	7,025	5,628	5,223
Tax-exempt securities	3,117	1,510	379
Interest-earning deposits	676	210	75
Other	619	511	299
Total interest and dividend income	50,529	40,520	33,144
Interest expense:
Deposits	4,474	3,964	4,334
Federal Home Loan Bank advances	2,443	1,419	826
Junior subordinated notes	557	532	458
Other borrowings	210	117	105
Total interest expense	7,684	6,032	5,723
Net interest income	42,845	34,488	27,421
Provision for loan losses	1,897	274	(1,500)
Net interest income after provision for loan losses	40,948	34,214	28,921
Noninterest income:
Servicing income, net	401	487	341
Mortgage banking	1,118	904	774
Gain on sale of SBA loans	546	928	823
Gain (loss) on sale of investments, net	(1,102)	1,216	403
Other than temporary impairment on cost method investment	(757)		(3)
Trading securities gains	686	328
Service charges on deposit accounts	1,672	1,537	1,269
Interchange fees	1,864	1,507	1,278
Bank owned life insurance	803	489	457
Other	726	450	453
Total noninterest income	5,957	7,846	5,795
Noninterest expenses:
Compensation and employee benefits	20,168	17,164	14,625
Net occupancy	4,089	3,534	2,986
Federal Home Loan Bank prepayment penalties		118	1,762
Marketing and advertising	953	1,070	535
Federal deposit insurance	513	562	905
Professional and advisory	1,237	959	1,005
Data processing	1,684	1,554	1,213
Merger-related expenses	3,086	2,197	329
Net cost of operation of real estate owned	213	730	505
Other	4,855	4,301	3,765
Total noninterest expenses	36,798	32,189	27,630
Income before taxes	10,107	9,871	7,086
Income tax expense (benefit)	7,528	3,495	(16,739)
Net income (loss)	$ 2,579	$ 6,376	$ 23,825
Earnings per common share:
Earnings per share - basic	$ 0.39	$ 0.98	$ 3.64
Earnings per share - diluted	$ 0.39	$ 0.98	$ 3.64
Weighted average common shares outstanding:
Common shares outstanding - Basic	6,561,699	6,477,284	6,546,375
Common shares outstanding - Diluted	6,658,614	6,489,931	6,546,375

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 2,579	$ 6,376	$ 23,825
Other comprehensive income (loss):
Change in unrealized holding gains and losses on securities available for sale	6,347	(6,652)	(166)
Reclassification adjustment for securities losses (gains) realized in net income	1,102	(1,216)	(403)
Amortization of unrealized loss on securities transferred to held to maturity		578	984
Reclassification adjustment for other then temporary impairment of securities available for sale	757
Reduction in unrealized loss related to held to maturity securities transferred to available-for-sale		325
Change in deferred tax valuation allowance attributable to unrealized gains and losses on investment securities available for sale	202	377	289
Change in unrealized holding gains and losses on cash flow hedge	99	444
Reclassification adjustment for cash flow hedge effectiveness	(14)	32
Other comprehensive income (loss), before tax	8,493	(6,112)	704
Income tax effect related to items of other comprehensive income (loss)	(3,060)	2,392	(171)
Other comprehensive income (loss), after tax	5,433	(3,720)	533
Comprehensive income (loss)	$ 8,012	$ 2,656	$ 24,358

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Common Stock held by Rabbi Trust	Total
Beginning Balance at Dec. 31, 2014		$ 63,651	$ 45,937	$ (2,269)		$ 107,319
Beginning Balance (in shares) at Dec. 31, 2014	6,546,375
Net income (loss)			23,825			23,825
Other comprehensive income, net of tax				533		533
Stock compensation expense		71				71
Repurchase of common stock
Purchase of stock to fund Rabbi Trust					(279)	(279)
Ending Balance at Dec. 31, 2015		63,722	69,763	(1,736)	(279)	131,469
Ending Balance (in shares) at Dec. 31, 2015	6,546,375
Net income (loss)			6,376			6,376
Other comprehensive income, net of tax				(3,720)		(3,720)
Stock compensation expense		864				864
Vesting of restricted stock units, net shares surrendered		(87)				(87)
Vesting of restricted stock units (in shares)	25,743
Repurchase of common stock		(1,835)				(1,922)
Repurchase of common stock (in shares)	(104,568)
Purchase of stock to fund Rabbi Trust
Ending Balance at Dec. 31, 2016		62,664	76,139	(5,456)	(279)	133,068
Ending Balance (in shares) at Dec. 31, 2016	6,467,550
Net income (loss)			2,579			2,579
Other comprehensive income, net of tax				5,433		5,433
Stock compensation expense		917				917
Common stock issued for acquisition		9,872				9,872
Common stock issued for acquisition (in shares)	395,666
Transfer of Rabbi Trust investments to common stock					(100)	(100)
Stock options exercised		(6)				(6)
Stock options exercised,net of shares surrendered (in shares)	476
Vesting of restricted stock units, net shares surrendered		(149)				(149)
Vesting of restricted stock units (in shares)	28,499
Repurchase of common stock		(301)				(301)
Repurchase of common stock (in shares)	(13,000)
Purchase of stock to fund Rabbi Trust
Ending Balance at Dec. 31, 2017		$ 72,997	$ 78,718	$ (23)	$ (379)	$ 151,313
Ending Balance (in shares) at Dec. 31, 2017	6,879,191

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Cash flows from operating activities:
Net income (loss)	$ 2,579	$ 6,376	$ 23,825
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, amortization and accretion	(547)	631	695
Investment amortization, net	4,613	2,445	2,046
Trading account income	(686)	(328)
Provision for loan losses	1,897	274	(1,500)
Provision for real estate owned	292	655	250
Share-based compensation expense	917	864	71
Change in net deferred tax asset	7,097	2,922	(16,437)
Loss (gain) on sales of securities available for sale	1,102	(1,216)	(403)
Other than temporary impairment on investments	757		3
Loss on disposal of fixed assets			3
Income on bank owned life insurance, net	(803)	(489)	(441)
Mortgage banking income, net	(1,118)	(904)	(774)
Gain on sales of SBA loans	(546)	(928)	(823)
Net realized gain on sale of real estate owned	(268)	(222)	(71)
Loans originated for sale	(50,644)	(40,288)	(35,649)
Proceeds from sale of loans originated for sale	51,904	45,884	39,659
Net change in operating assets and liabilities:
Interest receivable	32	(906)	(629)
Loan servicing rights	(153)	(259)	(157)
Other assets	675	2,053	(1,056)
Postemployment benefits	(37)	(13)	465
Accrued interest payable	276	11	(110)
Other liabilities	486	628	(973)
Net cash provided by operating activities	17,825	17,190	7,994
Activity for investment securities:
Purchases	(153,612)	(267,263)	(129,960)
Maturities/calls and principal repayments	43,646	46,246	56,638
Sales	169,146	124,823	39,022
Purchase of trading securities			(4,714)
Net increase in loans	(100,015)	(56,829)	(59,002)
Purchased loans			(25,189)
Proceeds from sale of real estate owned	1,528	2,173	1,495
Proceeds from sale of fixed assets	64
Real estate cost capitalized			(83)
Purchase of fixed assets	(729)	(357)	(3,556)
Disposal of real estate held for investments			2,430
Purchase of Small Business Investment Company Holdings, at cost	(1,836)	(553)	(383)
Purchase of other investments, at cost	(425)	(5,873)	(4,076)
Redemptions of other investments, at cost	3,478		150
Net cash received (paid) in business combination	143,927	(5,913)	31,878
Purchase of bank owned life insurance		(10,000)
Net cash provided by (used in) investing activities	105,172	(173,546)	(95,350)
Cash flows from financing activities:
Net increase (decrease) in deposits	12,501	24,973	(26,372)
Net increase (decrease) in escrow deposits	234	(26)	(23)
Proceeds from FHLB advances	979,501	795,600	245,600
Repayment of FHLB advances	(1,054,501)	(659,625)	(152,100)
Net increase in other borrowings	5,897	527	2,198
Purchase of common stock for Rabbi Trust			(279)
Proceeds from sale of common stock	(155)
Repurchase of common stock	(301)	(1,922)
Net cash provided by financing activities	(56,824)	159,527	69,024
Increase (decrease) in cash and cash equivalents	66,173	2,644	(18,332)
Cash and cash equivalents, beginning of period	43,294	40,650	58,982
Cash and cash equivalents, end of period	109,467	43,294	40,650
Cash paid during the year for:
Interest on deposits and other borrowings	7,407	6,021	5,833
Income taxes	208	150
Noncash investing and financing activities:
Real estate acquired in satisfaction of mortgage loans	958	748	3,350
Loans originated for disposition of real estate owned	1,001	208	3,260
Purchased loans and investments to be settled	2,020	532
Transfer held to maturity investment securities to available for sale investment securities		30,368
Transfer of Rabbi Trust investments to Company stock	100
Acquisitions
Assets acquired	193,191	110,010
Liabilities assumed	325,138	97,878
Net assets/(liabilities)	(131,947)	12,132
Common stock issued in acquisitions	$ 9,872

ORGANIZATION AND BASIS OF PRESE

ORGANIZATION AND BASIS OF PRESENTATION	12 Months Ended
	Dec. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND BASIS OF PRESENTATION	NOTE 1. ORGANIZATION AND BASIS OF PRESENTATION Entegra Financial Corp. (the “Company”) was incorporated on May 31, 2011 and became the holding company for Entegra Bank (the “Bank”) on September 30, 2014 upon the completion of Macon Bancorp’s merger with and into Entegra Financial Corp., pursuant to which Macon Bancorp converted from the mutual to stock form of organization. The Company’s primary operation is its investment in the Bank. The Company also owns 100% of the common stock of Macon Capital Trust I (the “Trust”), a Delaware statutory trust formed in 2003 to facilitate the issuance of trust preferred securities. The Bank is a North Carolina state-chartered commercial bank and has a wholly owned subsidiary, Entegra Services, Inc., which holds investment securities, but was inactive as of December 31, 2017. The consolidated financials are presented in these financial statements. The Bank operates as a community-focused retail bank, originating primarily real estate based mortgage, consumer and commercial loans and accepting deposits from consumers and small businesses.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The accounting and reporting policies of the Company conform, in all material respects, to U.S. generally accepted accounting principles, or GAAP, and to general practices within the banking industry. The following summarizes the more significant of these policies and practices. Estimates Material estimates that are particularly susceptible to significant change, in the near term, relate to the determination of the allowance for loan losses, the valuation of acquired loans, separately identifiable intangible assets associated with mergers and acquisitions, the valuation of real estate acquired in connection with foreclosures or in satisfaction of loans, and the valuation of deferred tax assets. Principles of Consolidation Reclassification Business Combinations All identifiable intangible assets that are acquired in a business combination are recognized at fair value on the acquisition date. Identifiable intangible assets are recognized separately if they arise from contractual or other legal rights or if they are separable (i.e., capable of being sold, transferred, licensed, rented, or exchanged separately from the entity). Deposit liabilities and the related depositor relationship intangible assets may be exchanged in observable exchange transactions. As a result, the depositor relationship intangible asset is considered identifiable, because the separability criterion has been met. In addition, acquisition-related costs and restructuring costs are recognized as period expenses as incurred. Cash and Cash Equivalents Trading Assets Investment Securities Held-to-maturity (“HTM”) securities represent those securities that we have the positive intent and ability to hold to maturity and are carried at amortized cost. Realized gains and losses on the sale of securities and other-than-temporary impairment (“OTTI”) charges are recorded as a component of noninterest income in the Consolidated Statements of Operations. Realized gains and losses on the sale of securities are determined using the specific-identification method. Bond premiums are amortized to the call date and bond discounts are accreted to the maturity date, both on a level yield basis. We perform a quarterly review of our securities to identify those that may indicate OTTI. Our policy for OTTI within the debt securities portfolio is based upon a number of factors, including, but not limited to, the length of time and extent to which the estimated fair value has been less than cost, the financial condition of the underlying issuer and the ability of the issuer to meet contractual obligations. Other factors include the likelihood of the security’s ability to recover any decline in its estimated fair value and whether management intends to sell the security, or if it is more likely than not that management will be required to sell the investment security prior to the security’s recovery. The Company reclassified certain of its securities from available-for-sale to held-to-maturity during the years ended December 31, 2014 and 2013 in an effort to minimize the impact of future interest rate changes on Accumulated Other Comprehensive Income (Loss). The difference between the book values and fair values at the date of the transfer was reported in a separate component of Accumulated Other Comprehensive Income (Loss), and amortized into income over the remaining life of the securities as an adjustment of yield in a manner consistent with the amortization of a premium. Concurrently, the revised book values of the transferred securities (represented by the market value on the date of transfer) are amortized back to their par values over the remaining life of the security as an adjustment of yield in a manner consistent with the amortization of a discount. In the third quarter of 2016, the Company transferred its HTM investment portfolio to AFS in order to provide more flexibility managing its investment portfolio. As a result, the Company is prohibited from classifying any investment securities as HTM for two years from the date of the transfer. Loans Held for Sale We generally sell the guaranteed portion of SBA loans in the secondary market and retain the unguaranteed portion in our portfolio. Upon sale of the guaranteed portion of an SBA loan, we recognize a portion of the gain on sale into income and defer a portion of the gain related to the relative fair value of the unguaranteed loan balance we retain. The deferred gain is amortized into income over the remaining life of the loan Gains and losses on sales of loans held for sale are included in the Consolidated Statements of Operations in Mortgage Banking income for residential loans and Gains on sale of SBA loans for SBA loans. Net unrealized losses are recognized by charges to Mortgage Banking income. Loans Receivable Generally, consumer loans are charged down to their estimated collateral value after reaching 90 days past due. The number of days past due is determined by the amount of time when the payment was due based on contractual terms. Commercial loans are charged off as management becomes aware of facts and circumstances that raise doubt as to the collectability of all or a portion of the principal and when we believe a confirmed loss exists. The Company originates and sells the guaranteed portion of SBA loans into the secondary market. When the Company retains the right to service a sold SBA loan, the previous carrying amount is allocated between the guaranteed portion of the loan sold, the unguaranteed portion of the loan retained and the retained SBA servicing right based on their relative fair values on the date of transfer. Nonaccrual Loans For loans modified in a troubled debt restructuring, the loan is generally placed on non-accrual until there is a period of satisfactory payment performance by the borrower (either immediately before or after the restructuring), generally defined as six months, and the ultimate collectability of all amounts contractually due is not in doubt. Troubled Debt Restructurings (“TDR”) All TDRs are considered to be impaired loans and will be reported as an impaired loan for the remaining life of the loan, unless the restructuring agreement specifies an interest rate equal to or greater than the rate that would be accepted at the time of the restructuring for a new loan with comparable risk and it is fully expected that the original principal and interest will be collected according to the restructured agreement. We may also remove a loan from TDR and impaired status if the TDR is subsequently restructured and at the time of the subsequent restructuring the borrower is not experiencing financial difficulties and, under the terms of the subsequent restructuring agreement, no concession has been granted to the borrower. Allowance for Loan Losses (“ALL”) A loan is considered impaired when it is probable that we will be unable to collect all principal and interest payments due according to the original contractual terms of the loan agreement. We individually evaluate all loans classified as substandard or nonaccrual greater than $350,000 for impairment. If the impaired loan is considered collateral dependent, a charge-off is taken based upon the appraised value of the property (less an estimate of selling costs if foreclosure is anticipated). If the impaired loan is not collateral dependent, a specific reserve is established based upon an estimate of the future discounted cash flows after consideration of modifications and the likelihood of future default and prepayment. The allowance for non-impaired loans consists of a base historical loss reserve and a qualitative reserve. The loss rates for the base loss reserve are segmented into 13 loan categories and contain loss rates ranging from approximately 0.5% to 0.74%. The qualitative reserve adjusts the average loss rates utilized in the base loss reserve for trends in the following internal and external factors: · Non-accrual and classified loans · Collateral values · Loan concentrations and loan growth · Economic conditions – including unemployment rates, housing prices and sales, and regional economic outlooks. Qualitative reserve adjustment factors are decreased for favorable trends and increased for unfavorable trends. These factors are subject to further adjustment as economic and other conditions change. Fixed Assets Real Estate Owned Subsequent to foreclosure, real estate owned is recorded at the lower of carrying amount or fair value less estimated costs to sell. Valuations are periodically performed by management, but not less than every eighteen months, and an additional allowance for losses is established by a charge to Net Cost of Operation of Real Estate Owned in the Consolidated Statements of Operations, if necessary. Other Investments, at cost FHLB stock is carried at cost and evaluated for impairment based on the ultimate recoverability of the par value. The Company has evaluated its FHLB stock and concluded that it is not impaired because the FHLB Atlanta is currently paying cash dividends and redeeming stock at par. The FHLB requires members to purchase and hold a specified level of stock based upon on the members asset value, level of borrowings and participation in other programs offered. Stock in the FHLB is non-marketable and is redeemable at the discretion of the FHLB. Members do not purchase stock in the FHLB for the same reasons that traditional equity investors acquire stock in an investor-owned enterprise. Rather, members purchase stock to obtain access to the low-cost products and services offered by the FHLB. Unlike equity securities of traditional for-profit enterprises, the stock of the FHLB does not provide its holders with an opportunity for capital appreciation because, by regulation, FHLB stock can only be purchased, redeemed and transferred at par value. Both cash and stock dividends are reported as Other interest income in the Consolidated Statements of Operations. Bank Owned Life Insurance (“BOLI”) Loan Servicing Rights (“LSR”) Servicing fee income is recorded for fees earned for servicing loans. The fees are based on a contractual percentage of the outstanding principal (generally 25 basis points for residential mortgage loans and 100 basis points for SBA loans) or a fixed amount per loan, and are recorded as income when earned. Changes in fair value of LSRs are netted against loan servicing fee income and reported as Servicing income, net in the Consolidated Statements of Operations. Goodwill and Other Intangible Assets Core deposit intangibles are amortized over the estimated useful lives of the deposit accounts acquired (generally seven years on a straight line basis). Derivative Financial Instruments and Hedging Activities – Interest Rate Lock Commitments and Forward Sale Contracts Our interest rate risk management strategy incorporates the use of derivative instruments to minimize fluctuations in net income that are caused by interest rate volatility. The goal is to manage interest rate sensitivity by modifying the repricing or maturity characteristics of certain balance sheet assets and liabilities so that net interest revenue is not, on a material basis, adversely affected by movements in interest rates. We view this strategy as a prudent management of interest rate risk, such that net income is not exposed to undue risk presented by changes in interest rates. In carrying out this part of its interest rate risk management strategy, we use interest rate derivative contracts; primarily interest rate swaps. Interest rate swaps generally involve the exchange of fixed- and variable-rate interest payments between two parties, based on a common notional principal amount and maturity date. We classify our derivative financial instruments as either (1) a hedge of an exposure to changes in the fair value of a recorded asset or liability (“fair value hedge”), (2) a hedge of an exposure to changes in the cash flows of a recognized asset, liability or forecasted transaction (“cash flow hedge”), or (3) derivatives not designated as accounting hedges. Changes in the fair value of derivatives not designated as hedges are recognized in current period earnings. Our interest rate swaps are classified as cash flow hedges and as such, adjustments to fair value are recorded in Accumulated Other Comprehensive Income. Small Business Investment Company Holdings Advertising Expense Income Taxes Deferred income tax assets and liabilities are determined using the asset and liability method and are reported net in the Consolidated Balance Sheets. Under this method, the net deferred tax asset or liability is based on the tax effects of the differences between the book and tax basis of assets and liabilities and recognizes enacted changes in tax rate and laws. When deferred tax assets are recognized, they are subject to a valuation allowance based on management’s judgment as to whether realization is more likely than not. In determining the need for a valuation allowance, the Company considers the following sources of taxable income: · Future reversals of existing taxable temporary differences · Future taxable income exclusive of reversing temporary differences and carry forwards · Taxable income in prior carryback years · Tax planning strategies that would, if necessary, be implemented As a result of the analysis above, the Company concluded that a valuation allowance was not necessary as of December 31, 2017 and 2016. Accrued taxes represent the net estimated amount due to or from taxing jurisdictions and are reported in other assets or other liabilities, as appropriate, in the Consolidated Balance Sheets. We evaluate and assess the relative risks and appropriate tax treatment of transactions and filing positions after considering statutes, regulations, judicial precedent and other information and maintain tax accruals consistent with the evaluation of these relative risks and merits. Changes to the estimate of accrued taxes occur periodically due to changes in tax rates, interpretations of tax laws, the status of examinations being conducted by taxing authorities and changes to statutory, judicial and regulatory guidance. These changes, when they occur, can affect deferred taxes and accrued taxes, as well as the current period’s income tax expense and can be significant to our operating results. As a result of the Tax Cuts and Jobs Act of 2017, the Company realized deferred tax expense of $4.9 million upon the revaluation of its deferred assets and deferred liabilities at the newly enacted Federal tax rate of 21%. Tax positions are recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50 percent likely of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. Allowance for Unfunded Commitments Junior Subordinated Notes Stock- based We account for stock-based compensation in accordance with Accounting Standard Codification (“ASC”) 718, Compensation-Stock Compensation. Under ASC 718, stock-based compensation expense reflects the fair value of stock-based awards measured at grant date, is recognized over the relevant vesting period on a straight-line basis, and adjusts each period for anticipated forfeitures. Stock-based compensation is recognized only for awards that vest, and our periodic accrual of compensation cost is based on the estimated number of awards expected to vest. We measure the fair value of compensation cost related to restricted stock awards based on the closing market price of our common stock on the grant date. Tax benefits realized upon the vesting of restricted shares that exceed the expense previously recognized for reporting purposes are recorded through the income statement as income tax benefit. If the tax benefit upon vesting is less than the expense previously recorded, the shortfall is recorded through the income statement as income tax expense. Segments Subsequent Events Recently Issued Accounting Standards In February 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2018-02 Income Statement – Reporting Comprehensive Income (Topic 220: Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income In August 2017, the FASB issued ASU No. 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities In March 2017, the FASB issued amendments to ASU 2017-08 Receivables –Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization of Purchased Callable Debt Securities. In March 2017, the FASB issued amendments to ASU 2017-07 Compensation – Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension cost and Net Periodic Postretirement Benefit Cost. In January 2017, the FASB issued amendments to ASU 2017-04 Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. In January 2017, the FASB issued amendments to ASU 2017-01 Business Combinations (Topic 80): Clarifying the Definition of a Business. In January 2016, the FASB issued amendments to ASU 2016-01 Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities In March 2016, the FASB issued amendments to ASU 2016-08 Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net) In March 2016, the FASB issued ASU 2016-09, Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting to provide In June 2016, the FASB issued amendments to Accounting Standards Update (“ASU”) 2016-13 Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. In August 2016, the FASB issued ASU No. 2016-15 , “Classification of Certain Cash Receipts and Cash Payments.” In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842). Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies are not expected to have a material impact on the Company’s financial position, results of operations or cash flows.

ACQUISITIONS

ACQUISITIONS	12 Months Ended
	Dec. 31, 2017
Business Combinations [Abstract]
ACQUISITIONS	NOTE 3. ACQUISITIONS The Company has determined that the acquisitions described below constitute a business combination as defined in ASC Topic 805, Business Combinations Fair Value Measurements Chattahoochee Bank of Georgia On October 1, 2017, the Bank acquired Chattahoochee Bank of Georgia (“Chattahoochee”) in Gainesville, Georgia. In connection with the acquisition, the Bank acquired $189.2 million of assets and assumed $170.6 million of liabilities. Total consideration transferred was $25.4 million of cash and 395,666 shares of the Company’s common stock valued at $9.9 million. The fair value of consideration paid exceeded the fair value of the identifiable assets and liabilities acquired and resulted in the establishment of goodwill in the amount of $16.8 million which is deductible over 15 years for tax purposes. There were no loans purchased with evidence of credit impairment. The purchased assets and assumed liabilities were recorded at their acquisition date fair values and are summarized in the table below: As Recorded by Fair Value As Recorded by (Dollars in thousands) Chattahoochee Adjustments the Company Assets Cash and cash equivalents $ 22,625 $ — $ 22,625 Loans 159,540 (570 ) 158,970 Fixed assets 3,945 (408 ) 3,537 Accrued interest receivable 421 — 421 Core deposit intangible — 2,070 2,070 Deferred tax asset 751 (751 ) — Other assets 1,579 (8 ) 1,571 Total assets acquired $ 188,861 $ 333 $ 189,194 Liabilities Deposits $ 165,624 $ 472 $ 166,096 Accrued Interest payable 102 (14 ) 88 Other liabilities 7,790 (3,341 ) 4,449 Total liabilities assumed 173,516 (2,883 ) 170,633 Excess of assets acquired over liabilities assumed $ 15,345 $ 3,216 $ 18,561 Consideration transferred Cash $ 25,448 Common stock issued (395,666 shares) 9,872 Total fair value of consideration transferred 35,320 Goodwill $ 16,759 During March 2018, the Company discovered that the structure of its acquisition of Chattahoochee had resulted in a Federal and state tax liability of approximately $5.7 million. This adjustment has been reflected as an adjustment of goodwill and income taxes receivable and payable as of December 31, 2017. Comparative and Pro Forma Financial Information for Chattahoochee in 2017 The adjusted results of the Company for the year ended December 31, 2017, include the adjusted results of the acquired assets and assumed liabilities for the 274 days subsequent to the acquisition date of April 1, 2017 related to the Stearns Bank, N.A. branch acquisition and for the 91 days subsequent to the Chattahoochee acquisition date of October 1, 2017. Merger-related charges of $3.1 million are recorded in the consolidated statement of income and include incremental costs related to closing of the acquisitions, including legal, accounting and auditing, investment banker cost, termination of certain employment related contracts, system conversion cost, travel costs, printing, supplies and other costs. The following table discloses the impact of the Chattahoochee merger (excluding the impact of merger-related expenses and the of the revaluation of the net deferred tax asset due to the Tax Reform) since the acquisition on October 1, 2017 through December 31, 2017. The table also presents certainpro forma information as if Chattahoochee had been acquired on January 1, 2017, and January 1, 2016. These results combine the historical results of Chattahoochee in the Company’s consolidated statement of income and, while certain adjustments were made for the estimated impact of certain fair value adjustments and other acquisition-related activity, they are not indicative of what would have occurred had the acquisition taken place on January 1, 2017, or January 1, 2016. Merger-related costs of $2.4 million from the Chattahoochee acquisition were incurred during the year ended December 31, 2017, and were excluded from pro forma information below. In addition, no adjustments have been made to the pro formas to eliminate the provision for loan losses for the years ended December 31, 2017, and 2016 in the amounts of $0.1 million and $0.2 million, respectively. No adjustments have been made to reflect the impact of any investment securities sold that was recognized by Chattahoochee in either years ended December 31, 2017, or 2016. The pro forma net adjusted income available to the common shareholder for December 31, 2017 includes the Company’s $4.9 million of income tax expense recorded as a result of the revaluation of the Company’s net deferred tax asset in connection with the Tax Reform signed into law during 2017. Expenses related to the Chattahoochee system conversion and other costs of integration are expected to be recorded during 2018. The Company expects to achieve further operating cost savings and other business synergies as a result of the Chattahoochee acquisition which are not reflected in the pro forma amounts below: Actual Pro Forma Pro Forma Since Acquisition October 1, 2017 through Year Ended Year Ended (Dollars in thousands) December 31, 2017 December 31, 2017 December 31, 2016 Total revenues ( net interest income and noninterest income $ 2,509 $ 54,618 $ 49,542 Net income $ 1,194 $ 7,079 $ 8,159 Stearns Bank, N.A. On February 24, 2017, the Bank completed its acquisition of two branches from Stearns Bank, N.A. (“Stearns”). In connection with the acquisition, the Bank acquired the bank facilities and certain other assets and assumed $154.2 million of deposits. In consideration of the purchased assets and assumed liabilities, the Bank paid (1) the book value, or approximately $1.0 million, for the branch facilities and certain assets, and (2) a deposit premium of $5.7 million, equal to 3.65% of the average daily deposits for the 30- day period ending the tenth (10 th The purchased assets and assumed liabilities were recorded at their acquisition date fair values and are summarized in the table below: (Dollars in thousands) As Recorded Fair Value As Recorded by Assets Cash and cash equivalents $ 1,258 $ — $ 1,258 Loans 7 — 7 Premises and equipment 950 132 1,082 Core deposit intangible — 1,650 1,650 Total assets acquired 2,215 1,782 3,997 Liabilities Deposits $ 153,122 $ 1,062 $ 154,184 Other liabilities 321 — 321 Total liabilities assumed 153,443 1,062 154,505 Excess of liabilities assumed over assets acquired $ 151,228 $ 720 $ 150,508 Cash received to settle the acquisition 145,492 Goodwill $ 5,016 Pro forma disclosures are not significant and not meaningful. Old Town Bank On April 1, 2016, the Bank acquired Old Town Bank of Waynesville, North Carolina. In connection with the acquisition, the Bank acquired $110.0 million of assets and assumed $97.9 million of liabilities. Total consideration transferred was $13.5 million of cash. The fair value of consideration paid exceeded the fair value of the identifiable assets and liabilities acquired and resulted in the establishment of goodwill in the amount of $1.4 million, none of which is deductible for tax purposes. Loans purchased with evidence of credit impairment were not material. The purchased assets and assumed liabilities were recorded at their acquisition date fair values and are summarized in the table below: As Recorded by Fair Value As Recorded by (Dollars in thousands) Old Town Bank Adjustments the Company Assets Cash and cash equivalents $ 7,573 $ — $ 7,573 Investments 30,882 246 31,128 Loans 64,573 272 64,845 Fixed assets 3,414 (22 ) 3,392 Interest receivable 552 — 552 Core deposit intangible — 530 530 Other real estate owned 880 (21 ) 859 Deferred tax asset 259 207 466 Other assets 938 (336 ) 602 Total assets acquired $ 109,071 $ 876 $ 109,947 Liabilities Deposits $ 88,059 $ 648 $ 88,707 FHLB advances 9,000 25 9,025 Accrued Interest payable 30 — 30 Other liabilities 125 (9 ) 116 Total liabilities assumed 97,214 664 97,878 Excess of assets acquired over liabilities assumed $ 11,857 $ 213 $ 12,069 Purchase price 13,486 Goodwill $ 1,417 Fair values are subject to refinement for a period not to exceed one year after the closing date of an acquisition as information relative to closing date fair values becomes available. In particular, the fair value of collateral dependent loans and other real estate owned may change to the extent that the Company receives updated appraisals indicating changes in valuation assumptions at acquisition. Pro forma disclosures are not significant and not meaningful.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	12 Months Ended
	Dec. 31, 2017
Investments, Debt and Equity Securities [Abstract]
INVESTMENT SECURITIES	NOTE 4. INVESTMENT SECURITIES The following table presents the holdings of our trading account as of December 31, 2017 and December 31, 2016: December 31, 2017 2016 (Dollars in thousands) Mutual funds $ 6,095 $ 5,211 The trading account is held in a Rabbi Trust and seeks to generate returns that will fund the cost of certain deferred compensation agreements. There were $0.7 million and $0.3 million of realized gains for the years ended December 31, 2017 and 2016, respectively. The Company’s HTM investment portfolio was transferred to AFS during the third quarter of 2016 in order to provide the Company more flexibility managing its investment portfolio. As a result of the transfer, the Company is prohibited from classifying any investment securities as HTM for two years from the date of the transfer. On April 28, 2017, the Louisiana Office of Financial Institutions closed First NBC Bank and appointed the FDIC as receiver. The Bank owned $0.7 million par value of subordinated debt issued by the holding company of First NBC Bank with an unrealized loss of $0.1 million prior to the impairment. The Company concluded the investment to be other than temporarily impaired. As such, the financial information for the year ended December 31, 2017 includes OTTI of $0.7 million before tax. The Company sold approximately $45.0 million of tax exempt municipal securities in December 2017, realizing a net loss of $1.1 million, in response to the Tax Cuts and Jobs Act of 2017. One tax exempt municipal security that had been identified for sale did not execute until January 2018 resulting in OTTI of $0.1 million based on the established fair value. The amortized cost and estimated fair values of securities classified as AFS are summarized as follows: December 31, 2017 Gross Gross Estimated Amortized Unrealized Unrealized Fair Cost Gains Losses Value (Dollars in thousands) U.S. Treasury & Government Agencies $ 19,519 $ 7 $ (8 ) $ 19,518 Municipal Securities 94,259 975 (371 ) 94,863 Mortgage-backed Securities - Guaranteed 141,301 112 (1,653 ) 139,760 Mortgage-backed Securities - Non Guaranteed 63,279 323 (327 ) 63,275 Collateralized Loan Obligations 5,555 6 (22 ) 5,539 Corporate bonds 18,925 409 (43 ) 19,291 Mutual funds 629 — (12 ) 617 $ 343,467 $ 1,832 $ (2,436 ) $ 342,863 December 31, 2016 Gross Gross Estima ted Amortized Unrealized Unrealized Fair Cost Gains Losses Value (Dollars in thousands) U.S. Treasury & Government Agencies $ 14,577 $ 46 $ (2 ) $ 14,621 Municipal Securities 152,208 337 (5,774 ) 146,771 Mortgage-backed Securities - Guaranteed 162,379 134 (2,332 ) 160,181 Mortgage-backed Securities - Non Guaranteed 58,967 2 (1,213 ) 57,756 Corporate bonds 18,354 171 (167 ) 18,358 Mutual funds 616 — (12 ) 604 $ 407,101 $ 690 $ (9,500 ) $ 398,291 Information pertaining to securities with gross unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous loss position, follows: December 31, 2017 Less Than 12 Months More Than 12 Months Total Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized (Dollars in thousands) Available-for-Sale: U.S. Treasury & Government Agencies $ 8,939 $ 6 $ 998 $ 2 $ 9,937 $ 8 Municipal Securities 12,047 66 22,982 305 35,029 371 Mortgage-backed Securities - Guaranteed 56,731 513 53,800 1,140 110,531 1,653 Mortgage-backed Securities - Non Guaranteed 24,455 216 10,654 111 35,109 327 Collateralized loan obligations 3,520 22 — — 3,520 22 Corporate bonds 1,304 9 1,044 34 2,348 43 Mutual funds — — 617 12 617 12 $ 106,996 $ 832 $ 90,095 $ 1,604 $ 197,091 $ 2,436 December 31, 2016 Less Than 12 Months More Than 12 Months Total Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized (Dollars in thousands) Available-for-Sale: U.S. Treasury & Government Agencies $ 1,000 $ 2 $ — $ — $ 1,000 $ 2 Municipal Securities 122,468 5,759 331 15 122,799 5,774 Mortgage-backed Securities - Guaranteed 115,539 2,035 17,594 297 133,133 2,332 Mortgage-backed Securities - Non Guaranteed 54,555 1,213 — — 54,555 1,213 Corporate bonds 6,741 167 — — 6,741 167 Mutual funds 616 12 — — 616 12 $ 300,919 $ 9,188 $ 17,925 $ 312 $ 318,844 $ 9,500 Information pertaining to the number of securities with unrealized losses is detailed in the table below. Management of the Company believes all unrealized losses as of December 31, 2017 and 2016 represent temporary impairment. The unrealized losses have resulted from temporary changes in the interest rate market and not as a result of credit deterioration. We do not intend to sell and it is not likely that we will be required to sell any of the securities referenced in the table below before recovery of their amortized cost. December 31, 2017 Less Than More Than Total U.S. Treasury & Government Agencies 5 1 6 Municipal Securities 12 22 34 Mortgage-backed Securities - Guaranteed 45 37 82 Mortgage-backed Securities - Non Guaranteed 15 8 23 Collateralized loan obligation 2 — 2 Corporate bonds 2 1 3 Mutual funds — 1 1 81 70 151 December 31, 2016 Less Than More Than Total U.S. Treasury & Government Agencies 1 — 1 Municipal Securities 129 1 130 Mortgage-backed Securities - Guaranteed 77 13 90 Mortgage-backed Securities - Non Guaranteed 24 1 25 Corporate bonds 8 — 8 Mutual funds 1 — 1 240 15 255 The Company received proceeds from sales of securities classified as AFS and corresponding gross realized gains and losses as follows: For the Year Ended December 31, 2017 2016 2015 (Dollars in thousands) Gross proceeds $ 169,146 $ 124,823 $ 39,022 Gross realized gains 558 1,261 423 Gross realized losses 1,660 45 20 The Company had securities pledged against deposits and borrowings of approximately $143.3 million and $237.1 million at December 31, 2017 and 2016, respectively. The amortized cost and estimated fair value of investments in debt securities at December 31, 2017, by contractual maturity, is shown below. Mortgage-backed securities have not been scheduled because expected maturities will differ from contractual maturities when borrowers have the right to prepay the obligations. Available for Sale Amortized Fair Value (Dollars in thousands) Less than 1 year $ 1,630 $ 1,615 Over 1 year through 5 years 4,738 4,766 After 5 years through 10 years 28,113 28,458 Over 10 years 104,407 104,989 138,888 139,828 Mortgage-backed securities 204,579 203,035 Total $ 343,467 $ 342,863

LOANS RECEIVABLE

LOANS RECEIVABLE	12 Months Ended
	Dec. 31, 2017
Receivables [Abstract]
LOANS RECEIVABLE	NOTE 5. LOANS RECEIVABLE Loans receivable balances are summarized as follows: December 31, 2017 2016 (Dollars in thousands) Real estate mortgage loans: One-to four-family residential $ 304,107 $ 278,437 Commercial real estate 453,725 292,879 Home equity loans and lines of credit 49,877 50,334 Residential construction 37,108 18,531 Other construction and land 101,447 60,605 Total real estate loans 946,264 700,786 Commercial and industrial 56,939 41,306 Consumer 5,700 4,594 Total commercial and consumer 62,639 45,900 Loans receivable, gross 1,008,903 746,686 Less: Net deferred loan fees (1,431 ) (923 ) Fair value discount (2,012 ) (857 ) Unamortized premium 389 605 Unamortized discount (710 ) (1,150 ) Loans receivable, net of deferred fees $ 1,005,139 $ 744,361 The Bank had $231.8 million and $144.3 million of loans pledged as collateral to secure funding with FHLB at December 31, 2017 and 2016, respectively. The Bank also had $108.3 million and $89.1 million of loans pledged as collateral to secure funding with the FRB Discount Window at December 31, 2017 and 2016, respectively. Included in loans receivable and other borrowings at December 31, 2017 and 2016 are $3.6 million and $2.7 million in participated loans, respectively, that did not qualify for sale accounting. Interest expense on the other borrowings accrues at the same rate as the interest income recognized on the loans receivable, resulting in no effect to net income. The following table presents the activity related to the discount on individually purchased loans: For the Year Ended December 31, (Dollars in thousands) 2017 2016 2015 Discount on purchased loans, beginning of period $ 1,150 $ 1,366 $ 1,487 Additional discount from new purchases — — 485 Accretion (440 ) (216 ) (311 ) Discount applied to charge-offs — — (295 ) Discount on purchased loans, end of period $ 710 $ 1,150 $ 1,366 The following table presents the activity related to the fair value discount on acquired loans: For the Year Ended December 31, (Dollars in thousands) 2017 2016 2015 Fair value discount, beginning of period $ 857 $ 72 $ — Additional discount from acquisitions 2,479 960 72 Accretion (1,324 ) (175 ) — Discount on acquired loans, end of period $ 2,012 $ 857 $ 72 There were no purchase credit impaired loans as of December 31, 2017, or 2016. The aggregate principal amounts outstanding to executive officers and directors of the Company made in the ordinary course of business as of and for the years ended December 31 is detailed in the table below: December 31, 2017 2016 Beginning of year $ 8,222 $ 8,930 New loans 428 51 Repayments (536 ) (759 ) End of year $ 8,114 $ 8,222

ALLOWANCE FOR LOAN LOSSES

ALLOWANCE FOR LOAN LOSSES	12 Months Ended
	Dec. 31, 2017
Receivables [Abstract]
ALLOWANCE FOR LOAN LOSSES	NOTE 6. ALLOWANCE FOR LOAN LOSSES The following tables present, by portfolio segment, the activity in the allowance for loan losses: Year Ended December 31, 2017 One-to four Commercial Home Equity Residential Other Commercial Consumer Total (Dollars in thousands) Beginning balance $ 2,812 $ 3,979 $ 677 $ 185 $ 848 $ 599 $ 205 $ 9,305 Provision 1,181 503 201 118 318 (53 ) (371 ) 1,897 Charge-offs (93 ) (193 ) (268 ) — (289 ) (68 ) (60 ) (971 ) Recoveries 118 75 6 — 148 25 284 656 Ending balance $ 4,018 $ 4,364 $ 616 $ 303 $ 1,025 $ 503 $ 58 $ 10,887 Year Ended December 31, 2016 One-to four Commercial Home Equity Residential Other Commercial Consumer Total (Dollars in thousands) Beginning balance $ 2,455 $ 3,221 $ 1,097 $ 278 $ 1,400 $ 603 $ 407 $ 9,461 Provision 413 1,016 (486 ) (125 ) (122 ) (85 ) (337 ) 274 Charge-offs (133 ) (431 ) (158 ) — (560 ) (63 ) (201 ) (1,546 ) Recoveries 77 173 224 32 130 144 336 1,116 Ending balance $ 2,812 $ 3,979 $ 677 $ 185 $ 848 $ 599 $ 205 $ 9,305 Year Ended December 31, 2015 One-to four Commercial Home Equity Residential Construction Other Construction Commercial Consumer Total (Dollars in thousands) Beginning balance $ 2,983 $ 2,717 $ 1,333 $ 510 $ 2,936 $ 308 $ 285 $ 11,072 Provision (251 ) 388 200 (235 ) (1,741 ) 272 (133 ) (1,500 ) Charge-offs (536 ) (52 ) (540 ) — (137 ) (9 ) (48 ) $ (1,322 ) Recoveries 259 168 104 3 342 32 303 1,211 Ending balance $ 2,455 $ 3,221 $ 1,097 $ 278 $ 1,400 $ 603 $ 407 $ 9,461 The following tables present, by portfolio segment and reserving methodology, the allocation of the allowance for loan losses and the recorded investment in loans: December 31, 2017 One-to four Family Residential Commercial Real Estate Home Equity and Lines of Credit Residential Construction Other Construction and Land Commercial Consumer Total (Dollars in thousands) Allowance for loan losses Individually evaluated for impairment $ 185 $ 56 $ — $ — $ 66 $ 15 $ — $ 322 Collectively evaluated for impairment 3,833 4,308 616 303 959 488 58 10,565 $ 4,018 $ 4,364 $ 616 $ 303 $ 1,025 $ 503 $ 58 $ 10,887 Loans Receivable Individually evaluated for impairment $ 3,873 $ 5,714 $ 313 $ — $ 1,443 $ 291 $ — $ 11,634 Collectively evaluated for impairment 299,111 445,315 49,648 37,144 99,725 56,785 5,777 993,505 $ 302,984 $ 451,029 $ 49,961 $ 37,144 $ 101,168 $ 57,076 $ 5,777 $ 1,005,139 December 31, 2016 One-to four Family Residential Commercial Real Estate Home Equity and Lines of Credit Residential Construction Other Construction and Land Commercial Consumer Total (Dollars in thousands) Allowance for loan losses Individually evaluated for impairment $ 201 $ 178 $ 2 $ — $ 175 $ 28 $ — $ 584 Collectively evaluated for impairment 2,611 3,801 675 185 673 571 205 8,721 $ 2,812 $ 3,979 $ 677 $ 185 $ 848 $ 599 $ 205 $ 9,305 Loans Receivable Individually evaluated for impairment $ 3,769 $ 7,601 $ 313 $ — $ 1,682 $ 306 $ — $ 13,671 Collectively evaluated for impairment 273,169 284,502 50,087 18,439 58,444 41,397 4,652 730,690 $ 276,938 $ 292,103 $ 50,400 $ 18,439 $ 60,126 $ 41,703 $ 4,652 $ 744,361 Portfolio Quality Indicators The Company’s portfolio grading analysis estimates the capability of the borrower to repay the contractual obligations of the loan agreements as scheduled. The Company’s internal credit risk grading system is based on experiences with similarly graded loans, industry best practices, and regulatory guidance. Credit risk grades are refreshed each quarter, at which time management analyzes the resulting information, as well as other external statistics and factors, to track loan performance. The Company’s internally assigned grades pursuant to the Board-approved lending policy are as follows: · Pass (1-5) – Acceptable loans with any identifiable weaknesses appropriately mitigated. · Special Mention (6) – Potential weakness or identifiable weakness present without appropriate mitigating factors; however, loan continues to perform satisfactorily with no material delinquency noted. This may include some deterioration in repayment capacity and/or loan-to-value of securing collateral. · Substandard (7) – Significant weakness that remains unmitigated, most likely due to diminished repayment capacity, serious delinquency, and/or marginal performance based upon restructured loan terms. · Doubtful (8) – Significant weakness that remains unmitigated and collection in full is highly questionable or improbable. · Loss (9) – Collectability is unlikely resulting in immediate charge-off. We do not risk grade consumer purposed loans within all categories for which the individual loan balance is less than $417,000. These loan types provide limited credit information subsequent to origination and therefore may not be properly risk graded within our standard risk grading system. All of our consumer purposed loans are now considered ungraded and will be analyzed on a performing versus non-performing basis. The non-performing ungraded loans will be deemed substandard when determining our classified assets. Consumer purposed loans may include residential loans, home equity loans and lines of credit, residential lot loans, and other consumer loans. This change in risk grading methodology did not have any material impact on our allowance for loan losses calculation. Description of segment and class risks Each of our portfolio segments and the classes within those segments are subject to risks that could have an adverse impact on the credit quality of our loan portfolio. Management has identified the most significant risks as described below which are generally similar among our segments and classes. While the list in not exhaustive, it provides a description of the risks that management has determined are the most significant. One-to-four family residential We centrally underwrite each of our one-to-four family residential loans using credit scoring and analytical tools consistent with the Board-approved lending policy and internal procedures based upon industry best practices and regulatory directives. Loans to be sold to secondary market investors must also adhere to investor guidelines. We also evaluate the value and marketability of that collateral. Common risks to each class of non-commercial loans, including one-to-four family residential, include risks that are not specific to individual transactions such as general economic conditions within our markets, particularly unemployment and potential declines in real estate values. Personal events such as death, disability or change in marital status also add risk to non-commercial loans. Commercial real estate Commercial mortgage loans are primarily dependent on the ability of our customers to achieve business results consistent with those projected at loan origination resulting in cash flow sufficient to service the debt. To the extent that a customer’s business results are significantly unfavorable versus the original projections, the ability for our loan to be serviced on a basis consistent with the contractual terms may be at risk. While these loans are secured by real property and possibly other business assets such as inventory or accounts receivable, it is possible that the liquidation of the collateral will not fully satisfy the obligation. Other commercial real estate loans consist primarily of loans secured by multifamily housing and agricultural loans. The primary risk associated with multifamily loans is the ability of the income-producing property that collateralizes the loan to produce adequate cash flow to service the debt. High unemployment or generally weak economic conditions may result in our customer having to provide rental rate concessions to achieve adequate occupancy rates. The performance of agricultural loans are highly dependent on favorable weather, reasonable costs for seed and fertilizer, and the ability to successfully market the product at a profitable margin. The demand for these products is also dependent on macroeconomic conditions that are beyond the control of the borrower. Home equity and lines of credit Home equity loans are often secured by first or second liens on residential real estate, thereby making such loans particularly susceptible to declining collateral values. A substantial decline in collateral value could render our second lien position to be effectively unsecured. Additional risks include lien perfection inaccuracies and disputes with first lienholders that may further weaken our collateral position. Further, the open-end structure of these loans creates the risk that customers may draw on the lines in excess of the collateral value if there have been significant declines since origination. Residential construction and other construction and land Residential mortgage construction loans are typically secured by undeveloped or partially developed land with funds to be disbursed as home construction is completed contingent upon receipt and satisfactory review of invoices and inspections. Declines in real estate values can result in residential mortgage loan borrowers having debt levels in excess of the collateral’s current market value. Non-commercial construction and land development loans can experience delays in completion and/or cost overruns that exceed the borrower’s financial ability to complete the project. Cost overruns can result in foreclosure of partially completed collateral with unrealized value and diminished marketability. Commercial construction and land development loans are dependent on the supply and demand for commercial real estate in the markets we serve as well as the demand for newly constructed residential homes and building lots. Deterioration in demand could result in significant decreases in the underlying collateral values and make repayment of the outstanding loans more difficult for our customers. Commercial We centrally underwrite each of our commercial loans based primarily upon the customer’s ability to generate the required cash flow to service the debt in accordance with the contractual terms and conditions of the loan agreement. We strive to gain a complete understanding of our borrower’s businesses including the experience and background of the principals. To the extent that the loan is secured by collateral, which is a predominant feature of the majority of our commercial loans, or other assets including accounts receivable and inventory, we gain an understanding of the likely value of the collateral and what level of strength it brings to the loan transaction. To the extent that the principals or other parties are obligated under the note or guaranty agreements, we analyze the relative financial strength and liquidity of each guarantor. Common risks to each class of commercial loans include risks that are not specific to individual transactions such as general economic conditions within our markets, as well as risks that are specific to each transaction including volatility or seasonality of cash flows, changing demand for products and services, personal events such as death, disability or change in marital status, and reductions in the value of our collateral. Consumer The consumer loan portfolio includes loans secured by personal property such as automobiles, marketable securities, other titled recreational vehicles including boats and motorcycles, as well as unsecured consumer debt. The value of underlying collateral within this class is especially volatile due to potential rapid depreciation in values since date of loan origination in excess of principal repayment. The following tables present the recorded investment in loans by loan grade: December 31, 2017 Loan Grade One-to-Four Commercial Home Equity Residential Other Commercial Consumer Total (Dollars in thousands) 1 $ — $ 9,086 $ — $ — $ — $ 1,665 $ 11 $ 10,762 2 1,164 12,360 — — 904 1,272 — 15,700 3 34,593 78,485 5,312 7,262 9,207 15,117 377 150,353 4 99,816 249,103 3,901 16,294 57,065 25,137 523 451,839 5 22,639 87,745 943 3,111 18,806 13,064 8 146,316 6 1,741 8,623 — — 2,055 306 — 12,725 7 2,112 5,371 — — 425 474 — 8,382 $ 162,065 $ 450,773 $ 10,156 $ 26,667 $ 88,462 $ 57,035 $ 919 $ 796,077 Ungraded Loan Exposure: Performing $ 140,013 $ 256 $ 39,685 $ 10,477 $ 12,623 $ 41 $ 4,846 $ 207,941 Nonperforming 906 — 120 — 83 — 12 1,121 Subtotal $ 140,919 $ 256 $ 39,805 $ 10,477 $ 12,706 $ 41 $ 4,858 $ 209,062 Total $ 302,984 $ 451,029 $ 49,961 $ 37,144 $ 101,168 $ 57,076 $ 5,777 $ 1,005,139 December 31, 2016 Loan Grade One-to-Four Commercial Home Equity Residential Other Commercial Consumer Total (Dollars in thousands) 1 $ — $ 10,203 $ — $ — $ — $ 431 $ — $ 10,634 2 — 4,287 — — — 1,465 — 5,752 3 27,975 24,626 1,814 586 2,164 2,803 — 59,968 4 75,246 130,857 3,363 10,646 22,293 21,942 51 264,398 5 26,306 95,408 3,476 2,347 17,930 11,344 324 157,135 6 2,587 11,501 — 284 2,470 270 — 17,112 7 1,713 6,686 — — 869 421 — 9,689 $ 133,827 $ 283,568 $ 8,653 $ 13,863 $ 45,726 $ 38,676 $ 375 $ 524,688 Ungraded Loan Exposure: Performing $ 142,222 $ 8,535 $ 41,497 $ 4,576 $ 14,149 $ 3,027 $ 4,230 $ 218,236 Nonperforming 889 — 250 — 251 — 47 1,437 Subtotal $ 143,111 $ 8,535 $ 41,747 $ 4,576 $ 14,400 $ 3,027 $ 4,277 $ 219,673 Total $ 276,938 $ 292,103 $ 50,400 $ 18,439 $ 60,126 $ 41,703 $ 4,652 $ 744,361 Delinquency Analysis of Loans by Class The following tables include an aging analysis of the recorded investment of past-due financing receivables by class. The Company does not accrue interest on loans greater than 90 days past due. December 31, 2017 30-59 Days Past 60-89 Days Past 90 Days and Over Total Past Due Current Total Loans (Dollars in thousands) One-to-four family residential $ 3,941 $ 591 $ 562 $ 5,094 $ 297,890 $ 302,984 Commercial real estate 2,093 308 683 3,084 447,945 451,029 Home equity and lines of credit 308 27 120 455 49,506 49,961 Residential construction 501 — — 501 36,643 37,144 Other construction and land 1,711 21 93 1,825 99,343 101,168 Commercial 488 1 95 584 56,492 57,076 Consumer 27 25 10 62 5,715 5,777 Total $ 9,069 $ 973 $ 1,563 $ 11,605 $ 993,534 $ 1,005,139 December 31, 2016 30-59 Days Past 60-89 Days 90 Days and Over Total Past Due Current Total Loans (Dollars in thousands) One-to-four family residential $ 4,917 $ 1,108 $ 427 $ 6,452 $ 270,486 $ 276,938 Commercial real estate 1,382 1,800 1,638 4,820 287,283 292,103 Home equity and lines of credit 126 44 231 401 49,999 50,400 Residential construction 180 — — 180 18,259 18,439 Other construction and land 468 — 794 1,262 58,864 60,126 Commercial 368 — — 368 41,335 41,703 Consumer 62 1 — 63 4,589 4,652 Total $ 7,503 $ 2,953 $ 3,090 $ 13,546 $ 730,815 $ 744,361 Impaired Loans The following table presents investments in loans considered to be impaired and related information on those impaired loans: December 31, 2017 December 31, 2016 Recorded Balance Unpaid Principal Specific Recorded Balance Unpaid Principal Specific (Dollars in thousands) Loans without a valuation allowance One-to four-family residential $ 2,266 $ 2,376 $ — $ 2,625 $ 2,723 $ — Commercial real estate 4,050 6,119 — 5,526 7,710 — Home equity and lines of credit 313 428 — 213 328 — Other construction and land 571 678 — 771 911 — $ 7,200 $ 9,601 $ — $ 9,135 $ 11,672 $ — Loans with a valuation allowance One-to four-family residential $ 1,607 $ 1,607 $ 185 $ 1,144 $ 1,144 $ 201 Commercial real estate 1,664 1,664 56 2,075 2,075 178 Home equity and lines of credit — — — 100 100 2 Other construction and land 872 872 66 911 911 175 Commercial 291 291 15 306 306 28 $ 4,434 $ 4,434 $ 322 $ 4,536 $ 4,536 $ 584 Total One-to four-family residential $ 3,873 $ 3,983 $ 185 $ 3,769 $ 3,867 $ 201 Commercial real estate 5,714 7,783 56 7,601 9,785 178 Home equity and lines of credit 313 428 — 313 428 2 Other construction and land 1,443 1,550 66 1,682 1,822 175 Commercial 291 291 15 306 306 28 $ 11,634 $ 14,035 $ 322 $ 13,671 $ 16,208 $ 584 The following table presents average impaired loans and interest income recognized on those impaired loans, by class segment, for the periods indicated: For the Year Ended December 31, 2017 2016 2015 Average Interest Average Interest Average Interest (Dollars in thousands) Loans without a valuation allowance One-to-four family residential $ 2,415 $ 116 $ 2,758 $ 117 $ 6,072 $ 174 Commercial real estate 6,188 128 7,834 116 7,999 299 Home equity and lines of credit 428 55 328 10 213 9 Other construction and land 686 20 923 27 668 30 $ 9,717 $ 319 $ 11,843 $ 270 $ 14,952 $ 512 Loans with a valuation allowance One-to-four family residential $ 1,642 $ 75 $ 1,162 $ 48 $ 2,056 $ 88 Commercial real estate 1,685 87 2,098 82 1,808 82 Home equity and lines of credit — — 100 4 100 4 Other construction and land 908 38 1,027 37 1,502 37 Commercial 299 21 312 19 323 19 $ 4,534 $ 221 $ 4,699 $ 190 $ 5,789 $ 230 Total One-to-four family residential $ 4,057 $ 191 $ 3,920 $ 165 $ 8,128 $ 262 Commercial real estate 7,873 215 9,932 198 9,807 381 Home equity and lines of credit 428 55 428 14 313 13 Other construction and land 1,594 58 1,950 64 2,170 67 Commercial 299 21 312 19 323 19 $ 14,251 $ 540 $ 16,542 $ 460 $ 20,741 $ 742 Nonperforming Loans The following table summarizes the balances of nonperforming loans. Certain loans classified as Troubled Debt Restructurings (“TDRs”) and impaired loans may be on non-accrual status even though they are not contractually delinquent. December 31, 2017 2016 (Dollars in thousands) One-to-four family residential $ 1,421 $ 1,125 Commercial real estate 2,666 3,536 Home equity loans and lines of credit 120 250 Other construction and land 464 1,042 Commercial 95 41 Consumer 12 47 Non-performing loans $ 4,778 $ 6,041 Troubled Debt Restructurings (TDRs) The following tables summarize TDRs as of the dates indicated: December 31, 2017 Performing Nonperforming Total TDRs TDRs TDRs (Dollars in thousands) One-to-four family residential $ 3,452 $ — $ 3,452 Commercial real estate 3,805 1,438 5,243 Home equity and lines of credit 313 — 313 Other construction and land 1,091 370 1,461 Commercial 291 — 291 $ 8,952 $ 1,808 $ 10,760 December 31, 2016 Performing Nonperforming Total TDRs TDRs TDRs (Dollars in thousands) One-to-four family residential $ 3,560 $ 210 $ 3,770 Commercial real estate 4,327 2,366 6,693 Home equity and lines of credit 313 — 313 Other construction and land 1,377 206 1,583 Commercial 305 — 305 $ 9,882 $ 2,782 $ 12,664 Loan modifications that were deemed TDRs at the time of the modification during the period presented are summarized in the table below: For the Year Ended December 31, 2017 (Dollars in thousands) Number of Pre-modification Post-modification Forgiveness of principal: Other construction and land 1 $ 242 $ 166 1 $ 242 $ 166 There were no loan modifications that were deemed TDRs at the time of modification during the year ended December 31, 2016. There were no TDRs that defaulted during the years ending December 31, 2017 or December 31, 2016 and which were modified as TDRs within the previous 12 months.

CONCENTRATIONS OF CREDIT RISK

CONCENTRATIONS OF CREDIT RISK	12 Months Ended
	Dec. 31, 2017
Risks and Uncertainties [Abstract]
CONCENTRATIONS OF CREDIT RISK	NOTE 7. CONCENTRATIONS OF CREDIT RISK A substantial portion of the Company’s loan portfolio is represented by loans in western North Carolina, northern Georgia, and Upstate South Carolina. The capacity and willingness of the Company’s debtors to honor their contractual obligations is dependent upon general economic conditions and the health of the real estate market within its general lending area. The majority of the Company’s loans, commitments, and lines of credit have been granted to customers in its primary market area and substantially all of these instruments are collateralized by real estate or other assets. The Company, as a matter of policy, does not extend credit to any single borrower or group of related borrowers in excess of its legal lending limit which was $22.1 million at December 31, 2017 and $22.2 million at December 31, 2016. The Company’s loans were concentrated in the following categories: December 31, 2017 2016 Real estate loans: One- to four-family residential 30.1 % 37.3 % Commercial 45.0 39.2 Home equity loans and lines of credit 4.9 6.7 Residential construction 3.7 2.5 Other construction and land 10.1 8.1 Commercial 5.6 5.5 Consumer 0.6 0.7 Total loans, gross 100 % 100 %

FIXED ASSETS

FIXED ASSETS	12 Months Ended
	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
FIXED ASSETS	NOTE 8. FIXED ASSETS Fixed assets are summarized as follows: December 31, 2017 2016 (Dollars in thousands) Land and improvements $ 10,054 $ 9,201 Buildings 22,452 18,696 Furniture, fixtures, and equipment 8,767 8,429 Construction in process 52 — Total fixed assets $ 41,325 36,326 Less accumulated depreciation (17,212 ) (16,117 ) Fixed assets, net $ 24,113 $ 20,209 Depreciation and leasehold amortization expense was $1.4 million, $1.2 million, and $1.0 million for the years ended December 31, 2017, 2016, and 2015, respectively. The Bank has entered into operating leases in connection with its retail branch operations. These leases expire at various dates through May 2022. Total rental expense was approximately $0.2 million for the years ended December 31, 2017, and approximately $0.1 million for each year ended December 31, 2016 and 2015. Following is a schedule of approximate annual future minimum lease payments under operating leases that have initial or remaining lease terms in excess of one year (in thousands): 2018 $ 168 2019 143 2020 69 2021 53 2022 18 Total minimum lease commitments $ 451

REAL ESTATE OWNED

REAL ESTATE OWNED	12 Months Ended
	Dec. 31, 2017
Banking and Thrift [Abstract]
REAL ESTATE OWNED	NOTE 9. REAL ESTATE OWNED The following tables summarizes real estate owned and changes in the valuation allowance for real estate owned as of and for the periods indicated: As of December 31, (Dollars in thousands) 2017 2016 Real estate owned, gross $ 3,585 $ 5,650 Less: Valuation allowance 1,017 1,424 Real estate owned, net $ 2,568 $ 4,226 Year Ended December 31, (Dollars in thousands) 2017 2016 2015 Valuation allowance, beginning $ 1,424 $ 1,372 $ 1,760 Provision charged to expense 292 655 171 Reduction due to disposal (699 ) (603 ) (559 ) Valuation allowance, ending $ 1,017 $ 1,424 $ 1,372 As of December 31, 2017, the Company had $0.5 million in loans secured by residential real estate properties for which formal foreclosure proceedings were in process. As of December 31, 2017, the Company had $0.3 million of residential real estate properties included in real estate owned.

BANK OWNED LIFE INSURANCE (BOLI

BANK OWNED LIFE INSURANCE (BOLI)	12 Months Ended
	Dec. 31, 2017
Investments, All Other Investments [Abstract]
BANK OWNED LIFE INSURANCE (BOLI)	NOTE 10. BANK OWNED LIFE INSURANCE (“BOLI”) The following table summarizes the composition of our BOLI: December 31, 2017 2016 (Dollars in thousands) Separate account $ 2,504 $ 12,548 General account 18,491 17,944 Hybrid 11,155 855 Total $ 32,150 $ 31,347 The assets of the separate account are invested in the PIMCO Mortgage-backed Securities Account which is composed primarily of Treasury and Agency mortgage-backed securities with a rating of Aaa and repurchase agreements with a rating of P-1. The assets of the general account are invested in six different insurance carriers with ratings ranging from A+ to A++. The assets of the hybrid account are invested in two different insurance carriers with ratings ranging from A+ to A++. Certain BOLI holdings were reallocated during 2017 from the separate account to the higher yielding hybrid account as allowed by the individual policies.

LOAN SERVICING

LOAN SERVICING	12 Months Ended
	Dec. 31, 2017
Transfers and Servicing [Abstract]
LOAN SERVICING	NOTE 11. LOAN SERVICING Loans serviced for others are not included in the accompanying consolidated balance sheets with the exception of $3.6 million, $2.7 million, and $2.2 million as of December 31, 2017, 2016, and 2015, respectively, for which loan sale accounting did not apply. The unpaid principal balances of mortgage and SBA loans serviced for others is detailed below. December 31, 2017 2016 2015 (Dollars in thousands) $ 276,782 $ 264,264 $ 251,492 The following summarizes the activity in the balance of loan servicing rights: December 31, 2017 2016 2015 (Dollars in thousands) Loan servicing rights, beginning of period $ 2,603 $ 2,344 $ 2,187 Capitalization from loans sold 618 604 544 Fair value adjustment (465 ) (345 ) (387 ) Loan servicing rights, end of period $ 2,756 $ 2,603 $ 2,344 The Company held custodial escrow deposits of $0.5 million and $0.4 million for loan servicing accounts at December 31, 2017 and 2016, respectively.

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS	NOTE 12. GOODWILL AND OTHER INTANGIBLE ASSETS The Company had $23.9 million and $2.1 million of goodwill as of December 31, 2017 and 2016, respectively. The following is a summary of changes in the carrying amounts of goodwill: Year Ended December 31, 2017 2016 Dollars in thousands Balance at beginning of period $ 2,065 $ 711 Additions: Prior acquisitions measurement period adjustments 63 — Goodwill from current year acquisitions 21,775 1,354 Balance at end of period $ 23,903 $ 2,065 The Company had $4.3 million and $1.0 million of core deposit intangibles as of December 31, 2017 and 2016, respectively. The following is a summary of gross carrying amounts and accumulated amortization of core deposit intangibles: Years Ended December 31, 2017 2016 Dollars in thousands Gross balance at beginning of period $ 1,120 $ 590 Additions from acquisitions 3,720 530 Gross balance at end of period 4,840 1,120 Less accumulated amortization (571 ) (141 ) Core deposit intangible, net $ 4,269 $ 979 Core deposit intangibles are amortized using the straight-line method over their estimated useful lives of seven years. Estimated amortization expense for core deposit intangibles for each of the next five years is $0.7 million per year.

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES	12 Months Ended
	Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES	NOTE 13. DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES The Company is exposed to certain risks arising from both its business operations and economic conditions. The Company principally manages its exposure to business and operational risks through management of its core business activities. The Company manages interest rate risk primarily by managing the amount, sources, and duration of its investment securities portfolio and borrowings and through the use of derivative financial instruments. Specifically, the Company enters into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates. Derivative financial instruments are used to manage differences in the amount, timing, and duration of known or expected cash receipts or payments principally related to loans and borrowings. The table below presents the fair value of the Company’s derivative financial instruments as of the dates indicated as well as their classification on the consolidated balance sheet (in thousands). Fair Value Balance Sheet Location December 31, December 31, Designated as hedges: Cash flow hedge of borrowings - interest rate swap Other assets $ 561 $ 476 Total $ 561 $ 476 Not designated as hedges: Mortgage banking - loan commitment Other assets $ 45 $ 41 Mortgage banking - forward sales commitment Other assets 28 19 Total $ 73 $ 60 Derivative contracts that are not accounted for as hedging instruments under ASC 815, Derivatives and Hedging The Company’s objectives in using interest rate derivatives are to add stability to net interest revenue and to manage its exposure to interest rate movements. To accomplish this objective, the Company uses interest rate swaps as part of its interest rate risk management strategy. The structure of the swap agreements is described in the table below: Underlyings Designation Notional Payment Provision Life of Swap Junior Subordinated Debt Cash Flow Hedge $ 14,000 Pay 0.958%/Receive 3 month LIBOR 4 yrs FHLB Variable Rate Advance Cash Flow Hedge $ 15,000 Pay 1.054%/Receive 3 month LIBOR 2 yrs FHLB Variable Rate Advance Cash Flow Hedge $ 20,500 Pay 1.354%/Receive 3 month LIBOR 2 yrs The swap contracts involve the payment of fixed-rate amounts to a counterparty in exchange for the Company receiving variable-rate payments without exchange of the underlying notional amounts. The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in accumulated other comprehensive income and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. The ineffectiveness of the cash flow hedge is recognized through earnings. There was no ineffectiveness in 2017 or 2016. The table below presents the effect of the Company’s cash flow hedge on the Consolidated Statement of Income (in thousands). Amount of Gain(Loss) Recognized in Accumulated Gain(Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Effective Portion) December 31, December 31, 2017 2016 Location 2017 2016 Interest rate swap $ 432 $ 300 Interest Expense $ (14 ) $ 32 The Company may be exposed to credit risk in the event of non-performance by the counterparties to its interest rate derivative agreements. The Company assesses the credit risk of its financial institution counterparties by monitoring publicly available credit rating and financial information. The Company manages dealer credit risk by entering into interest rate derivatives only with primary and highly rated counterparties, the use of ISDA master agreements and counterparty limits. The agreements contain collateral arrangements with the amount of collateral to be posted generally governed by the settlement value of outstanding swaps. The Company does not currently anticipate any losses from failure of interest rate derivative counterparties to honor their obligations. The Company has agreements with its derivative counterparties that contain a provision in which if the Company defaults on any of its indebtedness, including default where repayment of the indebtedness has not been accelerated by the lender, the Company could also be declared in default on its derivative obligations. Furthermore, certain agreements covering the Company’s derivative instruments contain provisions that require the Company to maintain its status as a well / adequately capitalized institution. These provisions enable the counterparties to the derivative instruments to request immediate payment or require the Company to post additional collateral.

DEPOSITS

DEPOSITS	12 Months Ended
	Dec. 31, 2017
Banking and Thrift [Abstract]
DEPOSITS	NOTE 14. DEPOSITS The following table summarizes deposit balances and the related interest expense by type of deposit: As of and for the Year Ended December 31, 2017 2016 2015 (Dollars in thousands) Balance Interest Balance Interest Balance Interest Noninterest-bearing demand $ 179,457 $ — $ 139,136 $ — $ 121,062 $ — Interest-bearing demand 226,718 228 122,271 160 103,198 136 Money market 308,767 1,022 239,387 770 180,377 558 Savings 50,500 53 40,014 49 35,838 33 Time deposits 396,735 3,171 289,205 2,985 276,142 3,607 $ 1,162,177 $ 4,474 $ 830,013 $ 3,964 $ 716,617 $ 4,334 Contractual maturities of time deposit accounts are summarized as follows: December 31, 2017 (Dollars in thousands) 2018 $ 218,382 2019 66,023 2020 47,942 2021 34,469 2022 16,081 Thereafter 13,838 $ 396,735 The following table presents the activity related to the fair value premium on acquired time deposits: For the Year Ended December 31, (Dollars in thousands) 2017 2016 2015 Time deposit premium, beginning of period $ 420 $ 30 $ — Additional premium for acquisitions 1,534 648 30 Accretion (852 ) (258 ) — Time deposit premium, end of period $ 1,102 $ 420 $ 30 The Company had time deposit accounts in amounts of $250 thousand or more totaling $55.8 million and $46.9 million at December 31, 2017 and 2016, respectively. The Company held brokered deposits of approximately $30.8 million and $14.8 million at December 31, 2017 and 2016, respectively. The Company had deposits from related parties of $1.6 million and $2.2 million at December 31, 2017 and 2016, respectively.

BORROWINGS

BORROWINGS	12 Months Ended
	Dec. 31, 2017
Debt Disclosure [Abstract]
BORROWINGS	NOTE 15. BORROWINGS The Company has total credit availability with the FHLB of up to 30% of assets, subject to the availability of qualified collateral. As collateral for these borrowings, the Company pledges certain investment securities, its FHLB stock, and its entire loan portfolio of qualifying mortgages (as defined) under a blanket collateral agreement with the FHLB. At December 31, 2017, the Company had unused borrowing capacity with the FHLB of $13.9 million based on collateral pledged at that date. The Company has total additional credit availability with FHLB of $202.2 million as of December 31, 2017, if additional collateral was available and pledged. The following tables summarize the outstanding FHLB advances as of the dates indicated: December 31, 2017 Balance Type Rate Maturity (Dollars in thousands) $ 5,000 Fixed Rate 1.29 % 1/5/2018 20,000 Fixed Rate 1.37 % 2/8/2018 20,500 Adjustable rate 1.48 % 5/24/2018 15,000 Adjustable rate 1.60 % 3/29/2018 5,000 Fixed Rate 1.29 % 4/2/2018 20,000 Fixed Rate 1.37 % 4/16/2018 25,000 Fixed Rate 1.36 % 5/7/2018 50,000 Fixed Rate 1.59 % 5/24/2018 5,000 Fixed Rate 1.26 % 6/5/2018 5,000 Fixed Rate 1.39 % 6/6/2018 10,000 Fixed Rate 0.84 % 6/29/2018 5,000 Fixed Rate 1.40 % 7/2/2018 5,000 Fixed Rate 1.38 % 7/2/2018 10,000 Fixed Rate 1.52 % 9/28/2018 5,000 Fixed Rate 1.51 % 12/31/2018 1,000 Fixed Rate 1.62 % 5/13/2019 2,000 Fixed Rate 1.53 % 6/12/2019 10,000 Fixed Rate 2.12 % 12/30/2019 5,000 Fixed Rate 2.12 % 12/30/2019 $ 223,500 1.48 % December 31, 2016 Balance Type Rate Maturity (Dollars in thousands) $ 5,000 Fixed Rate 0.58 % 1/3/2017 5,000 Fixed Rate 0.44 % 1/3/2017 50,000 Fixed Rate 0.49 % 1/5/2017 30,000 Fixed Rate 0.64 % 1/15/2017 15,000 Fixed Rate 0.63 % 1/17/2017 25,000 Fixed Rate 0.64 % 1/23/2017 20,000 Fixed Rate 0.56 % 2/7/2017 5,000 Fixed Rate 0.58 % 3/28/2017 15,000 Adjustable Rate 0.56 % 3/29/2017 5,000 Fixed Rate 0.80 % 3/31/2017 5,000 Fixed Rate 0.60 % 4/3/2017 10,000 Fixed Rate 0.60 % 4/6/2017 1,000 Fixed Rate 0.87 % 5/11/2017 20,500 Adjustable Rate 0.73 % 5/23/2017 5,000 Fixed Rate 0.82 % 6/6/2017 2,000 Fixed Rate 1.02 % 6/12/2017 5,000 Fixed Rate 0.76 % 6/30/2017 25,000 Fixed Rate 0.77 % 8/7/2017 10,000 Fixed Rate 0.82 % 9/28/2017 10,000 Fixed Rate 0.77 % 12/29/2017 5,000 Fixed Rate 0.78 % 12/30/2017 5,000 Fixed Rate 1.26 % 6/5/2018 10,000 Fixed Rate 0.84 % 6/29/2018 5,000 Fixed Rate 1.40 % 7/1/2018 5,000 Fixed Rate 1.51 % 12/31/2018 $ 298,500 0.68 % To add stability to net interest revenue and manage our exposure to interest rate movement on our adjustable rate advances, we entered into two FHLB advance interest rate swaps in 2016. The swap contracts involve the payment of fixed-rate amounts to a counterparty in exchange for our receipt of variable-rate payments over the two year lives of the contracts. The effective interest rates were 0.96% and 1.36% at December 31, 2017 for the adjustable rate advances maturing March 29, 2018 and May 24, 2018, respectively. The scheduled annual maturities of FHLB advances and respective weighted average rates are as follows: December 31, 2017 Year Balance Weighted (Dollars in thousands) 2018 205,500 1.43 % 2019 18,000 2.02 % $ 223,500 1.48 % The Company also maintained approximately $48.3 million and $48.9 million in borrowing capacity with the FRB discount window as of December 31, 2017 and 2016, respectively. The Company had no FRB discount window borrowings outstanding at December 31, 2017 or 2016. The rate charged on discount window borrowings is currently the Fed Funds target rate plus 0.50% (i.e., 2.00% as of December 31, 2017). On September 15, 2017, the Company established a $15.0 million revolving credit loan facility with NexBank SSB. The loan facility, which is secured by Entegra Bank stock, bears interest at LIBOR plus 350 basis points and is intended to be used for general corporate purposes. Unless extended, the loan will mature on September 15, 2020. The Company had drawn $5.0 million on the revolving credit loan facility as of December 31, 2017. The Company also had other borrowings of $3.6 million and $2.7 million at December 31, 2017, and 2016, respectively, which is comprised of participated loans that did not qualify for sale accounting. Interest expense on the other borrowings accrues at the same rate as the interest income recognized on the loans receivable, resulting in no effect to net income.

JUNIOR SUBORDINATED DEBT

JUNIOR SUBORDINATED DEBT	12 Months Ended
	Dec. 31, 2017
Debt Disclosure [Abstract]
JUNIOR SUBORDINATED DEBT	NOTE 16. JUNIOR SUBORDINATED DEBT The Company issued $14.4 million of junior subordinated notes to its wholly owned subsidiary, Macon Capital Trust I, to fully and unconditionally guarantee the trust preferred securities issued by the Trust. These notes qualify as Tier I capital for the Company. The notes accrue interest quarterly at 2.80% above the 90-day LIBOR, adjusted quarterly. To add stability to net interest revenue and manage our exposure to interest rate movement, we entered into an interest rate swap in June 2016. The swap contract involves the payment of fixed-rate amounts to a counterparty in exchange for our receipt of variable-rate payments over the four year life of the contract. The effective interest rate was 3.76% at December 31, 2017 and 2016. The notes mature on March 30, 2034. The Company has the right to redeem the notes, in whole or in part, on or after March 30, 2009 at a price equal to 100% of the principal amount plus accrued and unpaid interest. In addition, the Company may redeem the notes in whole (but not in part) upon the occurrence of a capital disqualification event, an investment company event, or a tax event at a specified redemption price as defined in the indenture. The Company also may, at its option, defer the payment of interest on the notes for a period up to 20 consecutive quarters, provided that interest will also accrue on the deferred payments of interest. As of December 31, 2017, the Company was current on all interest payments due.

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	12 Months Ended
	Dec. 31, 2017
Retirement Benefits [Abstract]
EMPLOYEE BENEFIT PLANS	NOTE 17. EMPLOYEE BENEFIT PLANS The Company maintains an employee savings plan under Section 401(k) of the Internal Revenue Code. This plan covers substantially all full-time employees who have attained the age of 21. Employees may contribute a percentage of their annual gross salary as limited by the federal tax laws. The Company matches employee contributions based on the plan guidelines. The Company contribution totaled $0.6 million, $0.5 million, and $0.4 million for the years ended December 31, 2017, 2016, and 2015. The Company has a compensated expense policy that allows employees to accrue paid time off for vacation, sick or other unexcused absences up to a specified number of days each year. Employees may sell back a limited amount of unused time at the end of each year or convert the time to an accrued sick time account which is forfeited if unused at termination, but no carry-over or payout of unused time is permitted.

POST-EMPLOYMENT BENEFITS

POST-EMPLOYMENT BENEFITS	12 Months Ended
	Dec. 31, 2017
Postemployment Benefits [Abstract]
POST-EMPLOYMENT BENEFITS	NOTE 18. POST-EMPLOYMENT BENEFITS The Company has established several nonqualified deferred compensation and post-employment programs providing benefits to certain directors and key management employees. No new participants have been admitted to any of the plans since 2009 and existing benefit levels have been frozen. A summary of the key terms and accounting for each plan are as follows: · Supplemental Executive Retirement Plan (“SERP”) – provides a post-retirement income stream to several current and former executives. The estimated present value of the future benefits to be paid during a post-retirement period of 216 months is accrued over the period from the effective date of the agreement to the expected date of retirement. The SERP is an unfunded plan and is considered a general contractual obligation of the Company. The Company recorded expense related to the SERP utilizing a discount rate of 4.0% for the years ended December 31, 2017, 2016, and 2015. · CAP Equity Plan – provides a post-retirement benefit payable in cash to several current and former officers and directors. During 2015, the Company funded a Rabbi Trust to seek to generate returns that will fund the cost of certain deferred compensation agreements associated with the Plan. Some Plan participants elected to have their benefits tied to the value of specific assets, including, for example, the Company’s common stock. The remaining participants elected to continue receiving interest of 8% which is accrued on such participant’s unpaid balance after termination from the Company, subject to the terms of the Plan. The Plan was frozen in 2009, and no additional deferrals are allowed. · Director Consultation Plan – provides a post-retirement monthly benefit for continuing to provide consulting services as needed. The gross amounts of the future payments are accrued. · Life Insurance Plan – provides an endorsement split dollar benefit to several current and former executives, under which the Company has agreed to maintain an insurance policy during the executive’s retirement and to provide the executive with a death benefit. The estimated cost of insurance for the portion of the policy expected to be paid as a split dollar death benefit in each post-retirement year is measured for the period between expected retirement age and the earlier of (a) expected mortality and (b) age 95. The resulting amount is then allocated on a present value basis to the period ending on the participant’s full eligibility date. A discount rate of 4% and life expectancy based on the 2001 Valuation Basic Table has been assumed. The following table summarizes the liabilities for each plan as of the dates indicated: December 31, 2017 2016 (Dollars in thousands) SERP $ 4,288 $ 4,417 CAP Equity 4,708 4,718 Director Consultation 246 252 Life Insurance 932 824 $ 10,174 $ 10,211 The expense related to the plans noted above totaled $0.6 million, $0.8 million, and $1.4 million for the years ended December 31, 2017, 2016, and 2015, respectively.

SHARE-BASED COMPENSATION

SHARE-BASED COMPENSATION	12 Months Ended
	Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
SHARE-BASED COMPENSATION	NOTE 19. SHARE-BASED COMPENSATION The Company provides stock-based awards through its 2015 Long-Term Stock Incentive Plan which provides for awards of restricted stock, restricted stock units, stock options, and performance units to directors, officers, and employees. The cost of equity-based awards under the 2015 Long-Term Stock Incentive Plan generally is based on the fair value of the awards on their grant date. The maximum number of shares that may be utilized for awards under the plan is 654,637, including 458,246 for stock options and 196,391 for awards of restricted stock and restricted stock units. Shares of common stock awarded under the 2015 Long-Term Stock Incentive Plan may be issued from authorized but unissued shares or shares purchased on the open market. Share-based compensation expense related to stock options and restricted stock units recognized was $0.9 million for the years ended December 31, 2017 and 2016, and $0.1 million for the year ended December 31, 2015. The table below presents stock option activity and related information: Restricted Stock Options (Dollars in thousands, Shares Weighted Options Weighted Weighted Aggregate December 31, 2015 157,100 $ 18.55 366,000 $ 18.55 Granted 26,300 17.49 57,400 17.52 Vested/Exercised (30,220 ) 18.55 — — Forfeited (7,600 ) 18.55 (16,200 ) 18.55 December 31, 2016 145,580 18.36 407,200 18.41 Granted 18,600 25.76 40,900 25.92 Vested/Exercised (33,780 ) 18.39 (3,600 ) 18.55 Forfeited (5,200 ) 18.55 (11,200 ) 18.55 December 31, 2017 125,200 19.44 433,300 19.11 8.16 $ 4,409 Vested/Exercisable at December 31, 2017 — $ — 145,480 $ 18.47 7.97 $ 1,568 The following is a summary of stock options outstanding at December 31, 2017: Options Outstanding Options Exercisable Shares Range Wtd Ave Price Ave Remaining Life Shares Wtd Ave Price Ave Remaining Life 5,000 $ 16.00-17.00 $ 16.75 8.14 1,000 $ 16.75 8.14 40,500 17.01-18.00 17.45 8.41 8,100 17.45 8.41 346,900 18.01-18.55 18.54 7.95 136,380 18.54 7.94 29,000 18.56-25.00 24.02 9.55 — — — 11,900 25.01-30.55 30.55 9.98 — — — 433,300 19.11 8.16 145,480 18.47 7.97 The weighted average fair value of options granted in 2017 and 2016 was $5.30 and $3.02, respectively. The fair value of each option award is estimated on the date of the grant using the Black-Scholes option pricing model. The risk-free interest rate is based on a U.S. Treasury instrument with a life that is similar to the expected life of the option grant. The Company is a newly public company as defined by Securities and Exchange Commission (“SEC”) Staff Accounting Bulletin No. 110. As such, the expected term of the options is based on a calculated average life using the “simplified method.” The following table illustrates the assumptions for the Black-Scholes model used in determining the fair value of options granted: 2017 2016 Fair value per option $ 5.30 $ 3.02 Expected life (years) 6.5 years 6.5 years Expected stock price volatility 13 % 12 % Expected dividend yield 0.00 % 0.00 % Risk-free interest rate 2.19 % 1.57 % Expected forfeiture rate 0.00 % 0.00 % At December 31, 2017, the Company had $3.3 million of unrecognized compensation expense related to stock options and restricted stock. The remaining period over which compensation cost related to unvested stock options and restricted stock is expected to be recognized is 3.26 years at December 31, 2017. All unexercised options expire ten years after the grant date.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2017
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 20. INCOME TAXES On December 22, 2017, the President of the United States signed into law the Tax Reform. The Tax Reform includes a number of changes to existing U.S. tax laws that impact the Company, most notably a reduction of the U.S. corporate income tax rate from 35 percent to 21 percent for tax years beginning after December 31, 2017. The Company recognized the income tax effects of the Tax Reform in its 2017 financial statements in accordance with Staff Accounting Bulletin No. 118 (“SAB 118”), which provides SEC staff guidance for the application of ASC Topic 740, Income Taxes Income tax expense (benefit) is summarized as follows: For the Year Ended December 31, 2017 2016 2015 (Dollars in thousands) Current Federal $ 365 $ 549 $ (150 ) State 66 24 — Deferred Federal 6,729 2,370 2,252 State 368 552 109 Change in valuation allowance — — (18,950 ) Total income tax expense (benefit) $ 7,528 $ 3,495 $ (16,739 ) The differences between actual income tax expense and the amount computed by applying the federal statutory income tax rate of 35% to income before income taxes for the periods indicated is reconciled as follows: For the Year Ended December 31, 2017 2016 2015 (Dollars in thousands) Computed income tax expense $ 3,537 $ 3,455 $ 2,480 Deferred tax valuation allowance — — (18,950 ) State income tax, net of federal benefit 282 218 165 Nontaxable municipal security income (1,036 ) (544 ) (126 ) Nontaxable BOLI income (243 ) (107 ) (160 ) Change in federal and state rates applied to deferreds 4,871 353 — Low income housing tax credit investments (44 ) — — Other 161 120 (148 ) Actual income tax expense (benefit) $ 7,528 $ 3,495 $ (16,739 ) Effective tax rate 74.5 % 35.4 % -236.2 % The components of net deferred taxes as of the periods indicated are summarized as follows: As of December 31, 2017 2016 (Dollars in thousands) Deferred tax assets: Allowance for loan losses $ 2,356 $ 3,245 Deferred compensation and post employment benefits 1,993 3,365 Non-accrual interest 204 375 Valuation reserve for other real estate 346 693 North Carolina NOL carryover 475 557 Federal NOL carryover 3,507 8,560 AMT credit carryforward 645 414 Unrealized losses on securities 149 3,255 Loan basis differences 77 238 Deposit premium 104 155 Fixed assets 63 — Other 1,009 966 Total deferred tax assets 10,928 21,823 Deferred tax liabilities: Fixed assets — 263 Loan servicing rights 620 962 Goodwill 126 18 Core deposit intangible 37 158 Deferred loan costs 757 1,002 Prepaid expenses 31 57 Unrealized gains on securities 377 201 Derivative instruments 128 176 Other 21 1 Total deferred tax liabilities 2,097 2,838 Net deferred tax asset $ 8,831 $ 18,985 The Company measures deferred tax assets and liabilities using enacted tax rates that will apply in the years in which the temporary differences are expected to be recovered or paid. Accordingly, the Company’s deferred tax assets and liabilities were remeasured to reflect the reduction in the U.S. corporate income tax rate from 35 percent to 21 percent, resulting in a $4.9 million increase in income tax expense for the year ended December 31, 2017 and a corresponding $4.9 million decrease in net deferred tax assets as of December 31, 2017. In addition, the Company recognized reductions in its net deferred tax assets of approximately $0.1 and $0.4 million during both the years ended December 31, 2017 and 2016 as a result of a reduction in the expected North Carolina income tax rate from 3.0% to 2.5% and from 4.0% to 3.0%, respectively. During 2015, the Company completed an analysis of all positive and negative evidence in assessing the need to maintain the valuation allowance against its net deferred tax asset. As a result of this analysis, the Company determined that significant positive evidence existed that would support the reversal of the valuation allowance including the following: · A pattern of sustained profitability, excluding non-recurring items, since the first quarter of 2014; · A three year cumulative profit; · Forecasted earnings sufficient to utilize all remaining net operating losses prior to expiration beginning in 2024 for North Carolina and 2027 for federal; · Significant improvements in asset quality; · Resolution of all remaining regulatory orders; and · A strong capital position enabling future earnings investments. As of December 31, 2016, $0.2 million in valuation allowance related to net deferred tax assets on investment securities remained in accumulated other comprehensive income. This valuation allowance was recognized as tax expense upon the sale or maturity of the individual securities and was fully recognized as of December 31, 2017. The following table summarizes the amount and expiration dates of the Company’s unused net operating losses: As of December 31, 2017 (Dollars in thousands) Amount Expiration Federal $ 16,702 2031-2034 North Carolina $ 24,060 2026-2029 The Company is subject to examination for federal and state purposes for the tax years 2014 through 2017. As of December 31, 2017 and 2016, the Company does not have any material unrecognized tax positions.

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Dec. 31, 2017
Earnings Per Share [Abstract]
EARNINGS PER SHARE	NOTE 21. EARNINGS PER SHARE The following is a reconciliation of the numerator and denominator of basic and diluted net income per share of common stock: For the Year Ended December 31, (Dollars in thousands, except per share amounts) 2017 2016 Numerator: Net income $ 2,579 $ 6,376 Denominator: Weighted-average common shares outstanding - basic 6,561,699 6,477,284 Effect of dilutive stock options 54,248 — Effect of dilutive restricted stock units 42,667 12,647 Weighted-average common shares outstanding - diluted 6,658,614 6,489,931 Earnings per share - basic $ 0.39 $ 0.98 Earnings per share - diluted $ 0.39 $ 0.98 The average market price used in calculating the assumed number of dilutive shares issued related to stock options for the years ended December 31, 2017 and 2016 was $24.30 and $17.93, respectively. The average stock price was less than the exercise price for 11,900 options in the year ended December 31, 2017. As a result, these stock options are not deemed dilutive in calculating diluted earnings per share for the periods. All stock options in the year ended December 31, 2016, had exercise prices in excess of the average stock price.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	12 Months Ended
	Dec. 31, 2017
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	NOTE 22. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following table summarizes the components of accumulated other comprehensive income (loss) and changes in those components as of and for the years ended December 31: (Dollars in thousands) Available for Held to Maturity Deferred Tax Cash Flow Total Balance, December 31, 2014 $ (236 ) $ (1,165 ) $ (868 ) $ — $ (2,269 ) Change in deferred tax valuation allowance attributable to net unrealized losses on investment securities — — 289 — 289 Change in unrealized holding gains/losses on securities available for sale (166 ) — — — (166 ) Reclassification adjustment for net securities gains included in net income (403 ) — — — (403 ) Amortization of unrealized losses on securities transferred to held to maturity — 984 — — 984 Income tax expense (benefit) 211 (382 ) — — (171 ) Balance, December 31, 2015 $ (594 ) $ (563 ) $ (579 ) $ — $ (1,736 ) Change in deferred tax valuation allowance attributable to net unrealized losses on investment securities — — 377 — 377 Change in unrealized holding gains/losses on securities available for sale (6,652 ) — — — (6,652 ) Reclassification adjustment for net securities gains included in net income (1,216 ) — — — (1,216 ) Amortization of unrealized losses on securities transferred to held to maturity — 578 — — 578 Reduction in unrealized losses related to held to maturity securities transferred to available-for-sale — 325 — — 325 Change in unrealized holding gains/losses on cash flow hedge — — — 444 444 Reclassification adjustment for cash flow hedge effectiveness — — — 32 32 Income tax expense (benefit) 2,908 (340 ) — (176 ) 2,392 Balance, December 31, 2016 $ (5,554 ) $ — $ (202 ) $ 300 $ (5,456 ) Change in deferred tax valuation allowance attributable to net unrealized losses on investment securities — — 202 — 202 Change in unrealized holding gains/losses on securities available for sale 6,347 — — — 6,347 Reclassification adjustment for net securities losses included in net income 1,102 — — — 1,102 Reclassification adjustment for other than temporary impairment of securities available for sale 757 — — — 757 Change in unrealized holding gains on cash flow hedge — — — 99 99 Reclassification adjustment for cash flow hedge effectiveness — (14 ) (14 ) Income tax expense (benefit) (3,107 ) — — 47 (3,060 ) Balance, December 31, 2017 $ (455 ) $ — $ — $ 432 $ (23 ) The following table shows the line items in the Consolidated Statements of Operations affected by amounts reclassified from accumulated other comprehensive income (loss): Year Ended December 31, Income Statement (Dollars in thousands) 2017 2016 2015 Line Item Affected Available-for-sale securities Gains(losses) recognized $ (1,102 ) $ 1,216 $ 403 Gain (loss) on sale of investments, net Other than temporary impairment (757 ) Other than temporary impairment on investments Income tax effect 678 (449 ) (152 ) Income tax expense (benefit) Reclassified out of AOCI, net of tax (1,181 ) 767 251 Net income Held-to-maturity securities Amortization of unrealized losses — (578 ) (984 ) Interest income - taxable securities Increase related to transfer from AFS — — — Interest income - taxable securities Reduction related to transfer to AFS — (325 ) — Interest income - taxable securities Income tax effect — 340 382 Income tax expense Reclassified out of AOCI, net of tax — (563 ) (602 ) Net income Cash flow hedge Interest expense - effective portion (20 ) (16 ) — Interest expense - FHLB advances Interest expense - effective portion 34 (16 ) — Interest expense - Junior subordinated notes Income tax effect 5 12 — Income tax expense Reclassified out of AOCI, net of tax 19 (20 ) — Net income Deferred tax valuation allowance Recognition of reversal of valuation allowance 202 377 289 Income tax expense Total reclassified out of AOCI, net of tax $ (960 ) $ 561 $ (62 ) Net income

REGULATORY MATTERS

REGULATORY MATTERS	12 Months Ended
	Dec. 31, 2017
Banking and Thrift [Abstract]
REGULATORY MATTERS	NOTE 23. REGULATORY MATTERS The Company and the Bank are subject to various regulatory capital requirements administered by their respective federal and state banking regulators. Failure to satisfy minimum capital requirements may result in certain mandatory and additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s consolidated financial statements. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the table below) of total and Tier I capital (as defined in the regulations) to risk-weighted assets (as defined), and of Tier I capital to average assets (as defined). In July 2013, federal bank regulatory agencies issued final rules to revise their risk-based capital requirements and the method for calculating risk-weighted assets to make them consistent with agreements that were reached by the Basel Committee on Banking Supervision and certain provisions of the Dodd-Frank Act (“Basel III”). On January 1, 2015, the Basel III rules became effective and include transition provisions which implement certain portions of the rules through January 1, 2019. The rule also includes changes in what constitutes regulatory capital, some of which are subject to a transition period. These changes include the phasing-out of certain instruments as qualifying capital. In addition, Tier 2 capital is no longer limited to the amount of Tier 1 capital included in total capital. Mortgage servicing rights, certain deferred tax assets and investments in unconsolidated subsidiaries over designated percentages of common stock are required to be deducted from capital, subject to a transition period. Finally, common equity Tier 1 capital includes accumulated other comprehensive income (which includes all unrealized gains and losses on available-for-sale debt and equity securities), subject to a transition period and a one-time opt-out election. The Bank elected to opt-out of this provision. As such, accumulated comprehensive income is not included in the Bank’s Tier 1 capital. The Bank is subject to various regulatory capital requirements, including a risk-based capital measure. The risk-based guidelines and framework under prompt corrective action provisions include both a definition of capital and a framework for calculating risk-weighted assets by assigning balance sheet assets and off-balance sheet items to broad risk categories. When Basel III is fully phased in on January 1, 2019, the Company and the Bank will be required to maintain a 2.5% capital conservation buffer which is designed to absorb losses during periods of economic distress. This capital conservation buffer is comprised entirely of Common Equity Tier 1 Capital and is in addition to minimum risk-weighted asset ratios. The tables below summarize capital ratios and related information in accordance with Basel III as measured at December 31, 2017 and December 31, 2016. Following are the required and actual capital amounts and ratios for the Bank: Actual For Capital Adequacy Purposes To Be Well-Capitalized Under Prompt Corrective Action Provisions (Dollars in thousands) Amount Ratio Amount Ratio (1) Amount Ratio As of December 31, 2017: Tier 1 Leverage Capital $ 136,280 8.79 % $ 61,994 > $ 77,492 > Common Equity Tier 1 Capital $ 136,280 11.92 % $ 65,729 > $ 74,303 > Tier 1 Risk-based Capital $ 136,280 11.92 % $ 82,876 > $ 91,450 > Total Risk-based Capital $ 147,266 12.88 % $ 105,739 > $ 114,312 > As of December 31, 2016: Tier 1 Leverage Capital $ 138,402 11.06 % $ 50,034 > $ 62,542 > Common Equity Tier 1 Capital $ 138,402 16.33 % $ 38,150 > $ 55,106 > Tier 1 Risk-based Capital $ 138,402 16.33 % $ 50,867 > $ 67,823 > Total Risk-based Capital $ 147,807 17.43 % $ 67,823 > $ 84,778 > (1) – As of December 31, 2017, includes capital conservation buffer of 1.25%. On a fully phased in basis, effective January 1, 2019, under Basel III, minimum capital ratios to be considered “adequately capitalized” including the capital conservation buffer of 2.5% will be as follows: Tier 1 Leverage Capital – 4.0%; Common Equity Tier 1 Capital – 7.0%; Tier 1 Risk-based Capital – 8.5%; and Total Risk-based Capital – 10.5%. Following are the required and actual capital amounts and ratios for the Company: Actual For Capital Adequacy Purposes (Dollars in thousands) Amount Ratio Amount Ratio (1) As of December 31, 2017: Tier I Leverage Capital $ 134,470 8.68 % $ 61,967 > Common Equity Tier 1 Capital $ 120,861 10.57 % $ 65,775 > Tier I Risk-based Capital $ 134,470 11.76 % $ 82,934 > Total Risk Based Capital $ 145,457 12.72 % $ 105,812 > As of December 31, 2016: Tier I Leverage Capital $ 141,013 11.28 % $ 50,200 > Common Equity Tier 1 Capital $ 130,079 15.33 % $ 38,188 > Tier I Risk-based Capital $ 141,013 16.62 % $ 50,918 > Total Risk Based Capital $ 150,418 17.72 % $ 67,891 > (1) – As of December 31, 2017, includes capital conservation buffer of 1.25%. On a fully phased in basis, effective January 1, 2019, under Basel III, minimum capital ratios to be considered “adequately capitalized” including the capital conservation buffer of 2.5% will be as follows: Tier 1 Leverage Capital – 4.0%; Common Equity Tier 1 Capital – 7.0%; Tier 1 Risk-based Capital – 8.5%; and Total Risk-based Capital – 10.5%.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 24. COMMITMENTS AND CONTINGENCIES To accommodate the financial needs of its customers, the Company makes commitments under various terms to lend funds. These commitments include revolving credit agreements, term loan commitments and short-term borrowing agreements. Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s creditworthiness. The amount of collateral obtained, if it is deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation of the counterparty. Collateral held includes first and second mortgages on one-to-four family dwellings, accounts receivable, inventory, and commercial real estate. Certain lines of credit are unsecured. The following summarizes the Company’s approximate commitments to extend credit: December 31, 2017 (Dollars in thousands) Lines of credit $ 139,974 Standby letters of credit 1,677 $ 141,651 The Company had outstanding commitments to originate loans as follows: December 31, 2017 Amount Range of Rates (Dollar in thousands) Fixed $ 47,184 3.10% to 6.99% Variable 11,686 3.99% to 7.00% $ 58,870 The allowance for unfunded commitments was $0.1 million at December 31, 2017 and 2016. The Company is exposed to loss as a result of its obligation for representations and warranties on loans sold to Fannie Mae and maintained a reserve of $0.3 million as of December 31, 2017 and 2016. In the normal course of business, the Company is periodically involved in litigation. In the opinion of the Company’s management, none of this litigation is expected to have a material adverse effect on the accompanying consolidated financial statements.

FAIR VALUE DISCLOSURES

FAIR VALUE DISCLOSURES	12 Months Ended
	Dec. 31, 2017
Fair Value Disclosures [Abstract]
FAIR VALUE DISCLOSURES	NOTE 25. FAIR VALUE DISCLOSURES We use fair value measurements when recording and disclosing certain financial assets and liabilities. Securities classified as AFS, loan servicing rights and mortgage derivatives are recorded at fair value on a recurring basis. Additionally, from time to time, we may be required to record other assets at fair value on a nonrecurring basis, such as loans held for sale, impaired loans and real estate owned. Fair value is the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants at the measurement date. An orderly transaction is a transaction that assumes exposure to the market for a period prior to the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets or liabilities; it is not a forced transaction. In determining fair value, we use various valuation approaches, including market, income and cost approaches. The fair value standard establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing an asset or liability, which is developed, based on market data we have obtained from independent sources. Unobservable inputs reflect our estimate of assumptions that market participants would use in pricing an asset or liability, which are developed based on the best information available in the circumstances. The fair value hierarchy gives the highest priority to unadjusted quoted market prices in active markets for identical assets or liabilities (Level 1 measurement) and the lowest priority to unobservable inputs (Level 3 measurement). The fair value hierarchy is broken down into three levels based on the reliability of inputs as follows: · Level 1: valuation is based upon unadjusted quoted market prices for identical instruments traded in active markets. · Level 2: valuation is based upon quoted market prices for similar instruments traded in active markets, quoted market prices for identical or similar instruments traded in markets that are not active and model-based valuation techniques for which all significant assumptions are observable in the market or can be corroborated by market data. · Level 3: valuation is derived from other valuation methodologies, including discounted cash flow models and similar techniques that use significant assumptions not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in determining fair value. A financial instrument’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. Fair value estimates are made at a specific point of time, based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale the Company’s entire holdings of a particular financial instrument. Because no active market exists for a significant portion of the Company’s financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, current interest rates and prepayment trends, risk characteristics of various financial instruments, and other factors. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. Changes in any of these assumptions used in calculating fair value also would affect significantly the estimates. In addition, the tax ramifications related to the realization of the unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in any of these estimates. Following is a description of valuation methodologies used for assets and liabilities recorded at fair value on a recurring basis: Investment Securities We obtain fair values for debt securities from a third-party pricing service, which utilizes several sources for valuing fixed-income securities. The market evaluation sources for debt securities available-for-sale include observable inputs rather than significant unobservable inputs and are classified as Level 2. The service provider utilizes pricing models that vary by asset class and include available trade, bid and other market information. Generally, the methodologies include broker quotes, proprietary models, vast descriptive terms and conditions databases, as well as extensive quality control programs. Included in securities are investments in an exchange traded bond fund and U.S. Treasury bonds which are valued by reference to quoted market prices and considered a Level 1 security. Also included in securities are corporate bonds which are valued using significant unobservable inputs and are classified as Level 2 or Level 3 based on market information available during the period. Trading securities represent investments in exchange traded mutual funds which are valued by reference to quoted market prices and considered a Level 1 security. Loan Servicing Rights Loan servicing rights are carried at fair value as determined by a third party valuation firm. The valuation model utilizes a discounted cash flow analysis using discount rates and prepayment speed assumptions used by market participants. The Company classifies loan servicing rights fair value measurements as Level 3. Derivative Instruments Derivative instruments include interest rate lock commitments, forward sale commitments, and interest rate swaps. Interest rate lock commitments and forward sale commitments are valued based on the change in the value of the underlying loan between the commitment date and the end of the period. The Company classifies these instruments as Level 3. Interest rate swaps are valued by a third party using significant assumptions that are observable in the market and can be corroborated by market data. The Company classifies interest rate swaps as Level 2. Following is a description of valuation methodologies used for assets and liabilities recorded at fair value on a nonrecurring basis: Loans Held for Sale Loans held for sale are carried at the lower of cost or fair value. The fair value of loans held for sale is based on what secondary markets are currently offering for portfolios with similar characteristics. Loans held for sale carried at fair value are classified as Level 2. Impaired Loans Impaired loans are carried at the lower of recorded investment or fair value. The fair value of collateral dependent impaired loans is estimated using the value of the collateral less selling costs if repayment is expected from liquidation of the collateral. Appraisals may be discounted based on our historical knowledge, changes in market conditions from the time of appraisal or our knowledge of the borrower and the borrower’s business. Impaired loans carried at fair value are classified as Level 3. Impaired loans measured using the present value of expected future cash flows are not deemed to be measured at fair value. Real Estate Owned Real estate owned, obtained in partial or total satisfaction of a loan is recorded at the lower of recorded investment in the loan or fair value less cost to sell. Subsequent to foreclosure, these assets are carried at the lower of the amount recorded at acquisition date or fair value less cost to sell. Accordingly, it may be necessary to record nonrecurring fair value adjustments. Fair value, when recorded, is generally based upon appraisals by approved, independent, state certified appraisers. Like impaired loans, appraisals may be discounted based on our historical knowledge, changes in market conditions from the time of appraisal or other information available to us. Real estate owned carried at fair value is classified as Level 3. Small Business Investment Company Holdings Small Business Investment Company holdings (SBIC) are carried at the lower of cost or fair value. From time to time impairment of SBIC is evident as a result of underlying financial review and a valuation allowance for other-than-temporary impairment is established. SBIC carried at fair value is classified as Level 3. In addition to financial instruments recorded at fair value in our financial statements, fair value accounting guidance requires disclosure of the fair value of all of an entity’s assets and liabilities that are considered financial instruments. The majority of our assets and liabilities are considered financial instruments. Many of these instruments lack an available trading market as characterized by a willing buyer and willing seller engaged in an exchange transaction. Also, it is our general practice and intent to hold our financial instruments to maturity and to not engage in trading or sales activities. For fair value disclosure purposes, we substantially utilize the fair value measurement criteria as required and explained above. In cases where quoted fair values are not available, we use present value methods to determine the fair value of our financial instruments. Following is a description of valuation methodologies used for the disclosure of the fair value of financial instruments not carried at fair value: Cash and Cash Equivalents The carrying amount of such instruments is deemed to be a reasonable estimate of fair value. Loans The fair value of variable rate performing loans is based on carrying values adjusted for credit risk. The fair value of fixed rate performing loans is estimated using discounted cash flow analyses, utilizing interest rates currently being offered for loans with similar terms, adjusted for credit risk. The fair value of nonperforming loans is based on their carrying values less any specific reserve. A prepayment assumption is used to estimate the portion of loans that will be repaid prior to their scheduled maturity. No adjustment has been made for the illiquidity in the market for loans as there is no active market for many of the Company’s loans on which to reasonably base this estimate. BOLI Fair values approximate net cash surrender values. Other Investments, at cost No ready market exists for this stock and it has no quoted market value. However, redemption of this stock has historically been at par value. Accordingly, the carrying amount is deemed to be a reasonable estimate of fair value. Deposits The fair values disclosed for demand deposits are equal to the amounts payable on demand at the reporting date. The fair value of certificates of deposit are estimated by discounting the amounts payable at the certificate rates using the rates currently offered for deposits of similar remaining maturities. Advances from the FHLB The fair values disclosed for fixed rate long-term borrowings are determined by discounting their contractual cash flows using current interest rates for long-term borrowings of similar remaining maturities. The carrying amounts of variable rate long-term borrowings approximate their fair values. Junior Subordinated Notes The carrying amount approximates fair value because the debt is variable rate tied to LIBOR. Other Borrowings The fair values disclosed for fixed rate long-term borrowings are determined by discounting their contractual cash flows using current interest rates for long-term borrowings of similar remaining maturities. Accrued Interest Receivable and Payable Since these financial instruments will typically be received or paid within three months, the carrying amounts of such instruments are deemed to be a reasonable estimate of fair value. Loan Commitments Estimates of the fair value of these off-balance sheet items are not made because of the short-term nature of these arrangements and the credit standing of the counterparties. Assets and Liabilities Recorded at Fair Value on a Recurring Basis Below is a table that presents information about certain assets and liabilities measured at fair value on a recurring basis: December 31, 2017 Level 1 Level 2 Level 3 Total (Dollars in thousands) Trading account assets $ 6,095 $ — $ — $ 6,095 Securities available for sale: U.S. Treasury & Government Agencies 2,496 17,022 — 19,518 Municipal Securities — 94,863 — 94,863 Mortgage-backed Securities - Guaranteed — 139,760 — 139,760 Mortgage-backed Securities - Non Guaranteed — 63,275 — 63,275 Collateralized Loan Obligations — 5,539 — 5,539 Corporate bonds — 18,799 492 19,291 Mutual funds 617 — — 617 Total securities available for sale 3,113 339,258 492 342,863 Loan servicing rights — — 2,756 2,756 Derivative assets — 561 — 561 Forward sales commitments — — 28 28 Interest rate lock commitments — — 45 45 Total assets $ 9,208 $ 339,819 $ 3,321 $ 352,348 December 31, 2016 Level 1 Level 2 Level 3 Total (Dollars in thousands) Trading account assets $ 5,211 $ — $ — $ 5,211 Securities available for sale: U.S. Treasury & Government Agencies 2,514 12,107 — 14,621 Municipal Securities — 146,771 — 146,771 Mortgage-backed Securities - Guaranteed — 160,181 — 160,181 Mortgage-backed Securities - Non Guaranteed — 57,756 — 57,756 Corporate bonds — 16,214 2,144 18,358 Mutual funds 604 — — 604 Total securities available for sale 3,118 393,029 2,144 398,291 Loan servicing rights — — 2,603 2,603 Derivative assets — 476 — 476 Forward sales commitments — — 19 19 Interest rate lock commitments — — 41 41 Total assets $ 8,329 $ 393,505 $ 4,807 $ 406,641 There were no liabilities measured at fair value on a recurring basis as of December 31, 2017 and 2016. The following table presents the changes in assets measured at fair value on a recurring basis for which we have utilized Level 3 inputs to determine fair value: Year Ended December 31, 2017 2016 2015 (Dollars in thousands) Balance at beginning of year $ 4,807 $ 2,390 $ 2,248 Corporate bonds Fair value adjustment 1 — — Transfers from HTM — 2,144 — Transfer to Level 2 (1,087 ) — — Sold (566 ) — — Loan servicing right activity, included in servicing income, net Capitalization from loans sold 618 604 544 Fair value adjustment (465 ) (345 ) (387 ) Mortgage derivative gains (losses) included in other income 13 14 (15 ) Balance at end of year $ 3,321 $ 4,807 $ 2,390 Assets and Liabilities Recorded at Fair Value on a Nonrecurring Basis The table below presents information about certain assets and liabilities measured at fair value on a nonrecurring basis. There were no loans held for sale carried at fair value at either December 31, 2017 or 2016. December 31, 2017 Level 1 Level 2 Level 3 Total (Dollars in thousands) Collateral dependent impaired loans: One-to four family residential $ — $ — $ 2,266 $ 2,266 Commercial real estate — — 4,050 4,050 Home equity loans and lines of credit — — 313 313 Other construction and land — — 571 571 Real estate owned: One-to four family residential — — 288 288 Commercial real estate — — 544 544 Other construction and land — — 1,736 1,736 Total assets $ — $ — $ 9,768 $ 9,768 December 31, 2016 Level 1 Level 2 Level 3 Total (Dollars in thousands) Collateral dependent impaired loans: One-to four family residential $ — $ — $ 2,205 $ 2,205 Commercial real estate — — 6,329 6,329 Home equity loans and lines of credit — — 213 213 Other construction and land — — 809 809 Real estate owned: One-to four family residential — — 1,336 1,336 Commercial real estate — — 722 722 Other construction and land — — 2,168 2,168 Total assets $ — $ — $ 13,782 $ 13,782 There were no liabilities measured at fair value on a nonrecurring basis as of December 31, 2017 or 2016. Impaired loans totaling $4.4 million at December 31, 2017 and $4.6 million at December 31, 2016, were measured using the present value of expected future cash flows. These impaired loans were not deemed to be measured at fair value on a nonrecurring basis. The following table provides information describing the unobservable inputs used in Level 3 fair value measurements at December 31, 2017. Valuation Technique Unobservable Input General Range Impaired loans Discounted Appraisals Collateral discounts and estimated selling cost 0 – 30% Real estate owned Discounted Appraisals Collateral discounts and estimated selling cost 0 – 30% Corporate bonds Discounted Cash Flows Recent trade pricing 0-8% Loan servicing rights Discounted Cash Flows Prepayment speed 5 – 35% Discount rate 12-14% SBIC Indicative value provided by fund Current operations and financial condition 0%-13% The approximate carrying and estimated fair value of financial instruments are summarized below: Fair Value Measurements at December 31, 2017 Carrying (Dollars in thousands) Amount Total Level 1 Level 2 Level 3 Assets: Cash and equivalents $ 109,467 $ 109,467 $ 109,467 $ — $ — Trading securities 6,095 6,095 6,095 — — Securities available for sale 342,863 342,863 3,113 339,258 492 Loans held for sale 3,845 4,211 — 4,211 — Loans receivable, net 1,005,139 992,993 — — 992,993 Other investments, at cost 12,386 12,386 — 12,386 — Accrued interest receivable 5,405 5,405 — 5,405 — BOLI 32,150 32,150 — 32,150 — Loan servicing rights 2,756 2,756 — — 2,756 Forward sales commitments 28 28 — — 28 Interest rate lock commitments 45 45 — — 45 Derivative asset 561 561 — 561 — SBIC investments 3,491 3,491 — — 3,491 Liabilities: Demand deposits $ 765,442 $ 765,442 $ — $ 765,442 $ — Time deposits 396,735 390,806 — — 390,806 FHLB advances 223,500 223,627 — 223,627 — Junior subordinated debentures 14,433 14,433 — 14,433 — Other borrowings 8,623 8,620 — 8,620 — Accrued interest payable 935 935 — 935 — Fair Value Measurements at December 31, 2016 Carrying (Dollars in thousands) Amount Total Level 1 Level 2 Level 3 Assets: Cash and equivalents $ 43,294 $ 43,294 $ 43,294 $ — $ — Trading securities 5,211 5,211 5,211 — — Securities available for sale 398,291 398,291 3,118 393,029 2,144 Loans held for sale 4,584 5,093 — 5,093 — Loans receivable, net 744,361 741,612 — — 741,612 Other investments, at cost 15,261 15,261 — 15,261 — Accrued interest receivable 5,012 5,012 — 5,012 — Bank owned life insurance 31,347 31,347 — 31,347 — Loan servicing rights 2,603 2,603 — — 2,603 Forward sales commitments 19 19 — — 19 Interest rate lock commitments 41 41 — — 41 Derivative asset 476 476 — 476 — SBIC investments 1,655 1,655 — — 1,655 Liabilities: Demand deposits $ 540,808 $ 540,808 $ — $ 540,808 $ — Time deposits 289,205 286,611 — — 286,611 Federal Home Loan Bank advances 298,500 298,667 — 298,667 — Junior subordinated debentures 14,433 14,433 — 14,433 — Other borrowings 2,725 2,907 — 2,907 — Accrued interest payable 254 254 — 254 —

SHARE REPURCHASES

SHARE REPURCHASES	12 Months Ended
	Dec. 31, 2017
Banking and Thrift [Abstract]
SHARE REPURCHASES	NOTE 26. SHARE REPURCHASES On January 28, 2016, the Company announced that the Board of Directors had authorized the repurchase of up to 327,318 shares of the Company’s common stock. On February 24, 2017, the Company announced the extension of the stock repurchase program through February 23, 2018. As of March 15, 2018, the stock repurchase program has not been further extended. The following table summarizes share repurchase activity through December 31, 2017: Period Total Number Average Price Total Number of Shares Maximum Number of January 1, 2017 to January 31, 2017 — $ — — 222,750 February 1, 2017 to February 28, 2017 — $ — — 222,750 March 1, 2017 to March 31, 2017 13,000 $ 23.12 13,000 209,750 April 1, 2017 to June 30, 2017 — $ — — 209,750 July 1, 2017 to September 30, 2017 — $ — — 209,750 October 1, 2017 to December 31, 2017 — $ — — 209,750 Total year-to-date 2017 13,000 $ 23.12 13,000 209,750

PARENT COMPANY FINANCIAL INFORM

PARENT COMPANY FINANCIAL INFORMATION	12 Months Ended
	Dec. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
PARENT COMPANY FINANCIAL INFORMATION	NOTE 27. PARENT COMPANY FINANCIAL INFORMATION Following is condensed financial information of Entegra Financial Corp. (parent company only): Condensed Balance Sheets December 31, 2017 2016 (Dollars in thousands) Assets Cash $ 3,244 $ 3,137 Equity investment in subsidiary 167,252 144,011 Equity investment in trust 433 433 Other assets 624 508 Total assets $ 171,553 $ 148,089 Liabilities and Shareholders’ Equity Junior subordinated debentures $ 14,433 $ 14,433 Other borrowings 5,000 — Other liabilities 807 588 Shareholders’ equity 151,313 133,068 Total liabilities and shareholders’ equity $ 171,553 $ 148,089 Condensed Statements of Operations Year Ended December 31, 2017 2016 2015 (Dollars in thousands) Income Interest income $ 56 $ 81 $ 190 Dividends from subsidiary 20,630 510 114 20,686 591 304 Expenses Interest 626 532 458 Other 361 358 259 987 890 717 Income (loss) before income taxes and equity in undistributed income of subsidiary 19,699 (299 ) (413 ) Income tax benefit allocated from consolidated income tax return 326 283 180 Income (loss) before equity in undistributed income (loss) of subsidiary 20,025 (16 ) (233 ) Equity in undistributed income (loss) of subsidiary (17,446 ) 6,392 24,058 Net income $ 2,579 $ 6,376 $ 23,825 Condensed Statements of Cash Flows Year Ended December 31, 2017 2016 2015 (Dollars in thousands) Operating activities: Net income $ 2,579 $ 6,376 $ 23,825 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Equity in undistributed (earnings) loss of subsidiary 17,446 (6,392 ) (24,058 ) (Increase) decrease in other assets (97 ) 55 (19 ) Increase in other liabilities 166 97 354 Net cash provided by operating activities $ 20,094 $ 136 $ 102 Investing activities: Investment in subsidiary $ (25,448 ) $ (13,486 ) $ — Net cash used in investing activities $ (25,448 ) $ (13,486 ) $ — Financing activities: Proceeds from other borrowings $ 5,000 $ — $ — Cash paid to tax authorities for shares surrendered upon vesting of restricted stock units (149 ) (87 ) — Cash paid to tax authorities for shares surrendered upon exercise of stock options (6 ) — — Repurchase of stock (301 ) (1,835 ) — Purchase of common stock for Rabbi Trust — — (279 ) Reimbursement from bank subsidiary for share-based compensation 917 864 70 Net cash provided by (used in) financing activities $ 5,461 $ (1,058 ) $ (209 ) Increase (decrease) in cash and cash equivalents 107 (14,408 ) (107 ) Cash and cash equivalents, beginning of year 3,137 17,545 17,652 Cash and cash equivalents, end of year $ 3,244 $ 3,137 $ 17,545 Noncash investing and financing activities: Transfer of Rabbi Trust investments to Company stock $ 100 $ — $ — Common stock issued in acquisitions $ 9,872 $ — $ —

SUMMARY OF SIGNIFICANT ACCOUN35

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2017
Summary Of Significant Accounting Policies Policies
Estimates	Estimates Material estimates that are particularly susceptible to significant change, in the near term, relate to the determination of the allowance for loan losses, the valuation of acquired loans, separately identifiable intangible assets associated with mergers and acquisitions, the valuation of real estate acquired in connection with foreclosures or in satisfaction of loans, and the valuation of deferred tax assets.
Principles of Consolidation	Principles of Consolidation
Reclassification	Reclassification
Business Combinations	Business Combinations All identifiable intangible assets that are acquired in a business combination are recognized at fair value on the acquisition date. Identifiable intangible assets are recognized separately if they arise from contractual or other legal rights or if they are separable (i.e., capable of being sold, transferred, licensed, rented, or exchanged separately from the entity). Deposit liabilities and the related depositor relationship intangible assets may be exchanged in observable exchange transactions. As a result, the depositor relationship intangible asset is considered identifiable, because the separability criterion has been met. In addition, acquisition-related costs and restructuring costs are recognized as period expenses as incurred.
Cash and Cash Equivalents	Cash and Cash Equivalents
Trading Assets	Trading Assets
Investment Securities	Investment Securities Held-to-maturity (“HTM”) securities represent those securities that we have the positive intent and ability to hold to maturity and are carried at amortized cost. Realized gains and losses on the sale of securities and other-than-temporary impairment (“OTTI”) charges are recorded as a component of noninterest income in the Consolidated Statements of Operations. Realized gains and losses on the sale of securities are determined using the specific-identification method. Bond premiums are amortized to the call date and bond discounts are accreted to the maturity date, both on a level yield basis. We perform a quarterly review of our securities to identify those that may indicate OTTI. Our policy for OTTI within the debt securities portfolio is based upon a number of factors, including, but not limited to, the length of time and extent to which the estimated fair value has been less than cost, the financial condition of the underlying issuer and the ability of the issuer to meet contractual obligations. Other factors include the likelihood of the security’s ability to recover any decline in its estimated fair value and whether management intends to sell the security, or if it is more likely than not that management will be required to sell the investment security prior to the security’s recovery. The Company reclassified certain of its securities from available-for-sale to held-to-maturity during the years ended December 31, 2014 and 2013 in an effort to minimize the impact of future interest rate changes on Accumulated Other Comprehensive Income (Loss). The difference between the book values and fair values at the date of the transfer was reported in a separate component of Accumulated Other Comprehensive Income (Loss), and amortized into income over the remaining life of the securities as an adjustment of yield in a manner consistent with the amortization of a premium. Concurrently, the revised book values of the transferred securities (represented by the market value on the date of transfer) are amortized back to their par values over the remaining life of the security as an adjustment of yield in a manner consistent with the amortization of a discount. In the third quarter of 2016, the Company transferred its HTM investment portfolio to AFS in order to provide more flexibility managing its investment portfolio. As a result, the Company is prohibited from classifying any investment securities as HTM for two years from the date of the transfer.
Loans Held for Sale	Loans Held for Sale We generally sell the guaranteed portion of SBA loans in the secondary market and retain the unguaranteed portion in our portfolio. Upon sale of the guaranteed portion of an SBA loan, we recognize a portion of the gain on sale into income and defer a portion of the gain related to the relative fair value of the unguaranteed loan balance we retain. The deferred gain is amortized into income over the remaining life of the loan Gains and losses on sales of loans held for sale are included in the Consolidated Statements of Operations in Mortgage Banking income for residential loans and Gains on sale of SBA loans for SBA loans. Net unrealized losses are recognized by charges to Mortgage Banking income.
Loans Receivable	Loans Receivable Generally, consumer loans are charged down to their estimated collateral value after reaching 90 days past due. The number of days past due is determined by the amount of time when the payment was due based on contractual terms. Commercial loans are charged off as management becomes aware of facts and circumstances that raise doubt as to the collectability of all or a portion of the principal and when we believe a confirmed loss exists. The Company originates and sells the guaranteed portion of SBA loans into the secondary market. When the Company retains the right to service a sold SBA loan, the previous carrying amount is allocated between the guaranteed portion of the loan sold, the unguaranteed portion of the loan retained and the retained SBA servicing right based on their relative fair values on the date of transfer.
Nonaccrual Loans	Nonaccrual Loans For loans modified in a troubled debt restructuring, the loan is generally placed on non-accrual until there is a period of satisfactory payment performance by the borrower (either immediately before or after the restructuring), generally defined as six months, and the ultimate collectability of all amounts contractually due is not in doubt.
Troubled Debt Restructurings (TDR)	Troubled Debt Restructurings (“TDR”) All TDRs are considered to be impaired loans and will be reported as an impaired loan for the remaining life of the loan, unless the restructuring agreement specifies an interest rate equal to or greater than the rate that would be accepted at the time of the restructuring for a new loan with comparable risk and it is fully expected that the original principal and interest will be collected according to the restructured agreement. We may also remove a loan from TDR and impaired status if the TDR is subsequently restructured and at the time of the subsequent restructuring the borrower is not experiencing financial difficulties and, under the terms of the subsequent restructuring agreement, no concession has been granted to the borrower.
Allowance for Loan Losses (ALL)	Allowance for Loan Losses (“ALL”) A loan is considered impaired when it is probable that we will be unable to collect all principal and interest payments due according to the original contractual terms of the loan agreement. We individually evaluate all loans classified as substandard or nonaccrual greater than $350,000 for impairment. If the impaired loan is considered collateral dependent, a charge-off is taken based upon the appraised value of the property (less an estimate of selling costs if foreclosure is anticipated). If the impaired loan is not collateral dependent, a specific reserve is established based upon an estimate of the future discounted cash flows after consideration of modifications and the likelihood of future default and prepayment. The allowance for non-impaired loans consists of a base historical loss reserve and a qualitative reserve. The loss rates for the base loss reserve are segmented into 13 loan categories and contain loss rates ranging from approximately 0.5% to 0.74%. The qualitative reserve adjusts the average loss rates utilized in the base loss reserve for trends in the following internal and external factors: · Non-accrual and classified loans · Collateral values · Loan concentrations and loan growth · Economic conditions – including unemployment rates, housing prices and sales, and regional economic outlooks. Qualitative reserve adjustment factors are decreased for favorable trends and increased for unfavorable trends. These factors are subject to further adjustment as economic and other conditions change.
Fixed Assets	Fixed Assets
Real Estate Owned	Real Estate Owned Subsequent to foreclosure, real estate owned is recorded at the lower of carrying amount or fair value less estimated costs to sell. Valuations are periodically performed by management, but not less than every eighteen months, and an additional allowance for losses is established by a charge to Net Cost of Operation of Real Estate Owned in the Consolidated Statements of Operations, if necessary.
Other Investments, at cost	Other Investments, at cost FHLB stock is carried at cost and evaluated for impairment based on the ultimate recoverability of the par value. The Company has evaluated its FHLB stock and concluded that it is not impaired because the FHLB Atlanta is currently paying cash dividends and redeeming stock at par. The FHLB requires members to purchase and hold a specified level of stock based upon on the members asset value, level of borrowings and participation in other programs offered. Stock in the FHLB is non-marketable and is redeemable at the discretion of the FHLB. Members do not purchase stock in the FHLB for the same reasons that traditional equity investors acquire stock in an investor-owned enterprise. Rather, members purchase stock to obtain access to the low-cost products and services offered by the FHLB. Unlike equity securities of traditional for-profit enterprises, the stock of the FHLB does not provide its holders with an opportunity for capital appreciation because, by regulation, FHLB stock can only be purchased, redeemed and transferred at par value. Both cash and stock dividends are reported as Other interest income in the Consolidated Statements of Operations.
Bank Owned Life Insurance (BOLI)	Bank Owned Life Insurance (“BOLI”)
Loan Servicing Rights (LSR)	Loan Servicing Rights (“LSR”) Servicing fee income is recorded for fees earned for servicing loans. The fees are based on a contractual percentage of the outstanding principal (generally 25 basis points for residential mortgage loans and 100 basis points for SBA loans) or a fixed amount per loan, and are recorded as income when earned. Changes in fair value of LSRs are netted against loan servicing fee income and reported as Servicing income, net in the Consolidated Statements of Operations.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Core deposit intangibles are amortized over the estimated useful lives of the deposit accounts acquired (generally seven years on a straight line basis).
Derivative Financial Instruments - Interest Rate Lock Commitments and Forward Sale Contracts	Derivative Financial Instruments and Hedging Activities – Interest Rate Lock Commitments and Forward Sale Contracts Our interest rate risk management strategy incorporates the use of derivative instruments to minimize fluctuations in net income that are caused by interest rate volatility. The goal is to manage interest rate sensitivity by modifying the repricing or maturity characteristics of certain balance sheet assets and liabilities so that net interest revenue is not, on a material basis, adversely affected by movements in interest rates. We view this strategy as a prudent management of interest rate risk, such that net income is not exposed to undue risk presented by changes in interest rates. In carrying out this part of its interest rate risk management strategy, we use interest rate derivative contracts; primarily interest rate swaps. Interest rate swaps generally involve the exchange of fixed- and variable-rate interest payments between two parties, based on a common notional principal amount and maturity date. We classify our derivative financial instruments as either (1) a hedge of an exposure to changes in the fair value of a recorded asset or liability (“fair value hedge”), (2) a hedge of an exposure to changes in the cash flows of a recognized asset, liability or forecasted transaction (“cash flow hedge”), or (3) derivatives not designated as accounting hedges. Changes in the fair value of derivatives not designated as hedges are recognized in current period earnings. Our interest rate swaps are classified as cash flow hedges and as such, adjustments to fair value are recorded in Accumulated Other Comprehensive Income.
Small Business Investment Company Investments	Small Business Investment Company Holdings
Advertising Expense	Advertising Expense
Income Taxes	Income Taxes Deferred income tax assets and liabilities are determined using the asset and liability method and are reported net in the Consolidated Balance Sheets. Under this method, the net deferred tax asset or liability is based on the tax effects of the differences between the book and tax basis of assets and liabilities and recognizes enacted changes in tax rate and laws. When deferred tax assets are recognized, they are subject to a valuation allowance based on management’s judgment as to whether realization is more likely than not. In determining the need for a valuation allowance, the Company considers the following sources of taxable income: · Future reversals of existing taxable temporary differences · Future taxable income exclusive of reversing temporary differences and carry forwards · Taxable income in prior carryback years · Tax planning strategies that would, if necessary, be implemented As a result of the analysis above, the Company concluded that a valuation allowance was not necessary as of December 31, 2017 and 2016. Accrued taxes represent the net estimated amount due to or from taxing jurisdictions and are reported in other assets or other liabilities, as appropriate, in the Consolidated Balance Sheets. We evaluate and assess the relative risks and appropriate tax treatment of transactions and filing positions after considering statutes, regulations, judicial precedent and other information and maintain tax accruals consistent with the evaluation of these relative risks and merits. Changes to the estimate of accrued taxes occur periodically due to changes in tax rates, interpretations of tax laws, the status of examinations being conducted by taxing authorities and changes to statutory, judicial and regulatory guidance. These changes, when they occur, can affect deferred taxes and accrued taxes, as well as the current period’s income tax expense and can be significant to our operating results. As a result of the Tax Cuts and Jobs Act of 2017, the Company realized deferred tax expense of $4.9 million upon the revaluation of its deferred assets and deferred liabilities at the newly enacted Federal tax rate of 21%. Tax positions are recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50 percent likely of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded.
Allowance for Unfunded Commitments	Allowance for Unfunded Commitments
Junior Subordinated Notes	Junior Subordinated Notes
Stock-based Compensation	Stock- based We account for stock-based compensation in accordance with Accounting Standard Codification (“ASC”) 718, Compensation-Stock Compensation. Under ASC 718, stock-based compensation expense reflects the fair value of stock-based awards measured at grant date, is recognized over the relevant vesting period on a straight-line basis, and adjusts each period for anticipated forfeitures. Stock-based compensation is recognized only for awards that vest, and our periodic accrual of compensation cost is based on the estimated number of awards expected to vest. We measure the fair value of compensation cost related to restricted stock awards based on the closing market price of our common stock on the grant date. Tax benefits realized upon the vesting of restricted shares that exceed the expense previously recognized for reporting purposes are recorded through the income statement as income tax benefit. If the tax benefit upon vesting is less than the expense previously recorded, the shortfall is recorded through the income statement as income tax expense.
Segments	Segments
Subsequent Events	Subsequent Events
Recently Issued Accounting Standards	Recently Issued Accounting Standards In February 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2018-02 Income Statement – Reporting Comprehensive Income (Topic 220: Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income In August 2017, the FASB issued ASU No. 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities In March 2017, the FASB issued amendments to ASU 2017-08 Receivables –Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization of Purchased Callable Debt Securities. In March 2017, the FASB issued amendments to ASU 2017-07 Compensation – Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension cost and Net Periodic Postretirement Benefit Cost. In January 2017, the FASB issued amendments to ASU 2017-04 Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. In January 2017, the FASB issued amendments to ASU 2017-01 Business Combinations (Topic 80): Clarifying the Definition of a Business. In January 2016, the FASB issued amendments to ASU 2016-01 Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities In March 2016, the FASB issued amendments to ASU 2016-08 Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net) In March 2016, the FASB issued ASU 2016-09, Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting to provide In June 2016, the FASB issued amendments to Accounting Standards Update (“ASU”) 2016-13 Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. In August 2016, the FASB issued ASU No. 2016-15 , “Classification of Certain Cash Receipts and Cash Payments.” In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842). Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies are not expected to have a material impact on the Company’s financial position, results of operations or cash flows.

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	12 Months Ended
	Dec. 31, 2017
As Recorded by Chattahoochee [Member]
Schedule of Assets and Liabilities assumed at the date of acquisition and their initial fair values	The purchased assets and assumed liabilities were recorded at their acquisition date fair values and are summarized in the table below: As Recorded by Fair Value As Recorded by (Dollars in thousands) Chattahoochee Adjustments the Company Assets Cash and cash equivalents $ 22,625 $ — $ 22,625 Loans 159,540 (570 ) 158,970 Fixed assets 3,945 (408 ) 3,537 Accrued interest receivable 421 — 421 Core deposit intangible — 2,070 2,070 Deferred tax asset 751 (751 ) — Other assets 1,579 (8 ) 1,571 Total assets acquired $ 188,861 $ 333 $ 189,194 Liabilities Deposits $ 165,624 $ 472 $ 166,096 Accrued Interest payable 102 (14 ) 88 Other liabilities 7,790 (3,341 ) 4,449 Total liabilities assumed 173,516 (2,883 ) 170,633 Excess of assets acquired over liabilities assumed $ 15,345 $ 3,216 $ 18,561 Consideration transferred Cash $ 25,448 Common stock issued (395,666 shares) 9,872 Total fair value of consideration transferred 35,320 Goodwill $ 16,759
Schedule of Impact of Merger and Pro Forma Information	The Company expects to achieve further operating cost savings and other business synergies as a result of the Chattahoochee acquisition which are not reflected in the pro forma amounts below: Actual Pro Forma Pro Forma Since Acquisition October 1, 2017 through Year Ended Year Ended (Dollars in thousands) December 31, 2017 December 31, 2017 December 31, 2016 Total revenues ( net interest income and noninterest income $ 2,509 $ 54,618 $ 49,542 Net income $ 1,194 $ 7,079 $ 8,159
As Recorded by Stearns [Member]
Schedule of Assets and Liabilities assumed at the date of acquisition and their initial fair values	The purchased assets and assumed liabilities were recorded at their acquisition date fair values and are summarized in the table below: (Dollars in thousands) As Recorded Fair Value As Recorded by Assets Cash and cash equivalents $ 1,258 $ — $ 1,258 Loans 7 — 7 Premises and equipment 950 132 1,082 Core deposit intangible — 1,650 1,650 Total assets acquired 2,215 1,782 3,997 Liabilities Deposits $ 153,122 $ 1,062 $ 154,184 Other liabilities 321 — 321 Total liabilities assumed 153,443 1,062 154,505 Excess of liabilities assumed over assets acquired $ 151,228 $ 720 $ 150,508 Cash received to settle the acquisition 145,492 Goodwill $ 5,016
As Recorded by Old Bank Town [Member]
Schedule of Assets and Liabilities assumed at the date of acquisition and their initial fair values	The purchased assets and assumed liabilities were recorded at their acquisition date fair values and are summarized in the table below: As Recorded by Fair Value As Recorded by (Dollars in thousands) Old Town Bank Adjustments the Company Assets Cash and cash equivalents $ 7,573 $ — $ 7,573 Investments 30,882 246 31,128 Loans 64,573 272 64,845 Fixed assets 3,414 (22 ) 3,392 Interest receivable 552 — 552 Core deposit intangible — 530 530 Other real estate owned 880 (21 ) 859 Deferred tax asset 259 207 466 Other assets 938 (336 ) 602 Total assets acquired $ 109,071 $ 876 $ 109,947 Liabilities Deposits $ 88,059 $ 648 $ 88,707 FHLB advances 9,000 25 9,025 Accrued Interest payable 30 — 30 Other liabilities 125 (9 ) 116 Total liabilities assumed 97,214 664 97,878 Excess of assets acquired over liabilities assumed $ 11,857 $ 213 $ 12,069 Purchase price 13,486 Goodwill $ 1,417

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	12 Months Ended
	Dec. 31, 2017
Investment Securities Tables
Schedule of holdings of our trading account	The following table presents the holdings of our trading account as of December 31, 2017 and December 31, 2016: December 31, 2017 2016 (Dollars in thousands) Mutual funds $ 6,095 $ 5,211
Schedule of investment securities available for sale	The amortized cost and estimated fair values of securities classified as AFS are summarized as follows: December 31, 2017 Gross Gross Estimated Amortized Unrealized Unrealized Fair Cost Gains Losses Value (Dollars in thousands) U.S. Treasury & Government Agencies $ 19,519 $ 7 $ (8 ) $ 19,518 Municipal Securities 94,259 975 (371 ) 94,863 Mortgage-backed Securities - Guaranteed 141,301 112 (1,653 ) 139,760 Mortgage-backed Securities - Non Guaranteed 63,279 323 (327 ) 63,275 Collateralized Loan Obligations 5,555 6 (22 ) 5,539 Corporate bonds 18,925 409 (43 ) 19,291 Mutual funds 629 — (12 ) 617 $ 343,467 $ 1,832 $ (2,436 ) $ 342,863 December 31, 2016 Gross Gross Estima ted Amortized Unrealized Unrealized Fair Cost Gains Losses Value (Dollars in thousands) U.S. Treasury & Government Agencies $ 14,577 $ 46 $ (2 ) $ 14,621 Municipal Securities 152,208 337 (5,774 ) 146,771 Mortgage-backed Securities - Guaranteed 162,379 134 (2,332 ) 160,181 Mortgage-backed Securities - Non Guaranteed 58,967 2 (1,213 ) 57,756 Corporate bonds 18,354 171 (167 ) 18,358 Mutual funds 616 — (12 ) 604 $ 407,101 $ 690 $ (9,500 ) $ 398,291
Unrealized Losses Related to Held to Maturity Securities Previously Recognized in Other Comprehensive Income	Information pertaining to securities with gross unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous loss position, follows: December 31, 2017 Less Than 12 Months More Than 12 Months Total Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized (Dollars in thousands) Available-for-Sale: U.S. Treasury & Government Agencies $ 8,939 $ 6 $ 998 $ 2 $ 9,937 $ 8 Municipal Securities 12,047 66 22,982 305 35,029 371 Mortgage-backed Securities - Guaranteed 56,731 513 53,800 1,140 110,531 1,653 Mortgage-backed Securities - Non Guaranteed 24,455 216 10,654 111 35,109 327 Collateralized loan obligations 3,520 22 — — 3,520 22 Corporate bonds 1,304 9 1,044 34 2,348 43 Mutual funds — — 617 12 617 12 $ 106,996 $ 832 $ 90,095 $ 1,604 $ 197,091 $ 2,436 December 31, 2016 Less Than 12 Months More Than 12 Months Total Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized (Dollars in thousands) Available-for-Sale: U.S. Treasury & Government Agencies $ 1,000 $ 2 $ — $ — $ 1,000 $ 2 Municipal Securities 122,468 5,759 331 15 122,799 5,774 Mortgage-backed Securities - Guaranteed 115,539 2,035 17,594 297 133,133 2,332 Mortgage-backed Securities - Non Guaranteed 54,555 1,213 — — 54,555 1,213 Corporate bonds 6,741 167 — — 6,741 167 Mutual funds 616 12 — — 616 12 $ 300,919 $ 9,188 $ 17,925 $ 312 $ 318,844 $ 9,500
Securities Gross Unrealized Losses Position	December 31, 2017 Less Than More Than Total U.S. Treasury & Government Agencies 5 1 6 Municipal Securities 12 22 34 Mortgage-backed Securities - Guaranteed 45 37 82 Mortgage-backed Securities - Non Guaranteed 15 8 23 Collateralized loan obligation 2 — 2 Corporate bonds 2 1 3 Mutual funds — 1 1 81 70 151 December 31, 2016 Less Than More Than Total U.S. Treasury & Government Agencies 1 — 1 Municipal Securities 129 1 130 Mortgage-backed Securities - Guaranteed 77 13 90 Mortgage-backed Securities - Non Guaranteed 24 1 25 Corporate bonds 8 — 8 Mutual funds 1 — 1 240 15 255
Proceeds from Sales of Securities Available For Sale and Their Corresponding Gross Realized Gains and Losses	The Company received proceeds from sales of securities classified as AFS and corresponding gross realized gains and losses as follows: For the Year Ended December 31, 2017 2016 2015 (Dollars in thousands) Gross proceeds $ 169,146 $ 124,823 $ 39,022 Gross realized gains 558 1,261 423 Gross realized losses 1,660 45 20
Amortized Cost and Estimated Fair Value of Securities by Contractual Maturity	The amortized cost and estimated fair value of investments in debt securities at December 31, 2017, by contractual maturity, is shown below. Mortgage-backed securities have not been scheduled because expected maturities will differ from contractual maturities when borrowers have the right to prepay the obligations. Available for Sale Amortized Fair Value (Dollars in thousands) Less than 1 year $ 1,630 $ 1,615 Over 1 year through 5 years 4,738 4,766 After 5 years through 10 years 28,113 28,458 Over 10 years 104,407 104,989 138,888 139,828 Mortgage-backed securities 204,579 203,035 Total $ 343,467 $ 342,863

LOANS RECEIVABLE (Tables)

LOANS RECEIVABLE (Tables)	12 Months Ended
	Dec. 31, 2017
Loans Receivable Tables
Loan Receivable	Loans receivable balances are summarized as follows: December 31, 2017 2016 (Dollars in thousands) Real estate mortgage loans: One-to four-family residential $ 304,107 $ 278,437 Commercial real estate 453,725 292,879 Home equity loans and lines of credit 49,877 50,334 Residential construction 37,108 18,531 Other construction and land 101,447 60,605 Total real estate loans 946,264 700,786 Commercial and industrial 56,939 41,306 Consumer 5,700 4,594 Total commercial and consumer 62,639 45,900 Loans receivable, gross 1,008,903 746,686 Less: Net deferred loan fees (1,431 ) (923 ) Fair value discount (2,012 ) (857 ) Unamortized premium 389 605 Unamortized discount (710 ) (1,150 ) Loans receivable, net of deferred fees $ 1,005,139 $ 744,361
Activity Related to Discount on Purchased Loans	Included in loans receivable and other borrowings at December 31, 2017 and 2016 are $3.6 million and $2.7 million in participated loans, respectively, that did not qualify for sale accounting. Interest expense on the other borrowings accrues at the same rate as the interest income recognized on the loans receivable, resulting in no effect to net income. The following table presents the activity related to the discount on individually purchased loans: For the Year Ended December 31, (Dollars in thousands) 2017 2016 2015 Discount on purchased loans, beginning of period $ 1,150 $ 1,366 $ 1,487 Additional discount from new purchases — — 485 Accretion (440 ) (216 ) (311 ) Discount applied to charge-offs — — (295 ) Discount on purchased loans, end of period $ 710 $ 1,150 $ 1,366 The following table presents the activity related to the fair value discount on acquired loans: For the Year Ended December 31, (Dollars in thousands) 2017 2016 2015 Fair value discount, beginning of period $ 857 $ 72 $ — Additional discount from acquisitions 2,479 960 72 Accretion (1,324 ) (175 ) — Discount on acquired loans, end of period $ 2,012 $ 857 $ 72
Aggregate amount of extensions of credit to executive officers and directors	The aggregate principal amounts outstanding to executive officers and directors of the Company made in the ordinary course of business as of and for the years ended December 31 is detailed in the table below: December 31, 2017 2016 Beginning of year $ 8,222 $ 8,930 New loans 428 51 Repayments (536 ) (759 ) End of year $ 8,114 $ 8,222

ALLOWANCE FOR LOAN LOSSES (Tabl

ALLOWANCE FOR LOAN LOSSES (Tables)	12 Months Ended
	Dec. 31, 2017
Allowance For Loan Losses Tables
Changes in Allowance for Loan Losses	The following tables present, by portfolio segment, the activity in the allowance for loan losses: Year Ended December 31, 2017 One-to four Commercial Home Equity Residential Other Commercial Consumer Total (Dollars in thousands) Beginning balance $ 2,812 $ 3,979 $ 677 $ 185 $ 848 $ 599 $ 205 $ 9,305 Provision 1,181 503 201 118 318 (53 ) (371 ) 1,897 Charge-offs (93 ) (193 ) (268 ) — (289 ) (68 ) (60 ) (971 ) Recoveries 118 75 6 — 148 25 284 656 Ending balance $ 4,018 $ 4,364 $ 616 $ 303 $ 1,025 $ 503 $ 58 $ 10,887 Year Ended December 31, 2016 One-to four Commercial Home Equity Residential Other Commercial Consumer Total (Dollars in thousands) Beginning balance $ 2,455 $ 3,221 $ 1,097 $ 278 $ 1,400 $ 603 $ 407 $ 9,461 Provision 413 1,016 (486 ) (125 ) (122 ) (85 ) (337 ) 274 Charge-offs (133 ) (431 ) (158 ) — (560 ) (63 ) (201 ) (1,546 ) Recoveries 77 173 224 32 130 144 336 1,116 Ending balance $ 2,812 $ 3,979 $ 677 $ 185 $ 848 $ 599 $ 205 $ 9,305 Year Ended December 31, 2015 One-to four Commercial Home Equity Residential Construction Other Construction Commercial Consumer Total (Dollars in thousands) Beginning balance $ 2,983 $ 2,717 $ 1,333 $ 510 $ 2,936 $ 308 $ 285 $ 11,072 Provision (251 ) 388 200 (235 ) (1,741 ) 272 (133 ) (1,500 ) Charge-offs (536 ) (52 ) (540 ) — (137 ) (9 ) (48 ) $ (1,322 ) Recoveries 259 168 104 3 342 32 303 1,211 Ending balance $ 2,455 $ 3,221 $ 1,097 $ 278 $ 1,400 $ 603 $ 407 $ 9,461
Investment in Loans by Portfolio Segment	The following tables present, by portfolio segment and reserving methodology, the allocation of the allowance for loan losses and the recorded investment in loans: December 31, 2017 One-to four Family Residential Commercial Real Estate Home Equity and Lines of Credit Residential Construction Other Construction and Land Commercial Consumer Total (Dollars in thousands) Allowance for loan losses Individually evaluated for impairment $ 185 $ 56 $ — $ — $ 66 $ 15 $ — $ 322 Collectively evaluated for impairment 3,833 4,308 616 303 959 488 58 10,565 $ 4,018 $ 4,364 $ 616 $ 303 $ 1,025 $ 503 $ 58 $ 10,887 Loans Receivable Individually evaluated for impairment $ 3,873 $ 5,714 $ 313 $ — $ 1,443 $ 291 $ — $ 11,634 Collectively evaluated for impairment 299,111 445,315 49,648 37,144 99,725 56,785 5,777 993,505 $ 302,984 $ 451,029 $ 49,961 $ 37,144 $ 101,168 $ 57,076 $ 5,777 $ 1,005,139 December 31, 2016 One-to four Family Residential Commercial Real Estate Home Equity and Lines of Credit Residential Construction Other Construction and Land Commercial Consumer Total (Dollars in thousands) Allowance for loan losses Individually evaluated for impairment $ 201 $ 178 $ 2 $ — $ 175 $ 28 $ — $ 584 Collectively evaluated for impairment 2,611 3,801 675 185 673 571 205 8,721 $ 2,812 $ 3,979 $ 677 $ 185 $ 848 $ 599 $ 205 $ 9,305 Loans Receivable Individually evaluated for impairment $ 3,769 $ 7,601 $ 313 $ — $ 1,682 $ 306 $ — $ 13,671 Collectively evaluated for impairment 273,169 284,502 50,087 18,439 58,444 41,397 4,652 730,690 $ 276,938 $ 292,103 $ 50,400 $ 18,439 $ 60,126 $ 41,703 $ 4,652 $ 744,361
Credit Risk Profile by Rating	The following tables present the recorded investment in loans by loan grade: December 31, 2017 Loan Grade One-to-Four Commercial Home Equity Residential Other Commercial Consumer Total (Dollars in thousands) 1 $ — $ 9,086 $ — $ — $ — $ 1,665 $ 11 $ 10,762 2 1,164 12,360 — — 904 1,272 — 15,700 3 34,593 78,485 5,312 7,262 9,207 15,117 377 150,353 4 99,816 249,103 3,901 16,294 57,065 25,137 523 451,839 5 22,639 87,745 943 3,111 18,806 13,064 8 146,316 6 1,741 8,623 — — 2,055 306 — 12,725 7 2,112 5,371 — — 425 474 — 8,382 $ 162,065 $ 450,773 $ 10,156 $ 26,667 $ 88,462 $ 57,035 $ 919 $ 796,077 Ungraded Loan Exposure: Performing $ 140,013 $ 256 $ 39,685 $ 10,477 $ 12,623 $ 41 $ 4,846 $ 207,941 Nonperforming 906 — 120 — 83 — 12 1,121 Subtotal $ 140,919 $ 256 $ 39,805 $ 10,477 $ 12,706 $ 41 $ 4,858 $ 209,062 Total $ 302,984 $ 451,029 $ 49,961 $ 37,144 $ 101,168 $ 57,076 $ 5,777 $ 1,005,139 December 31, 2016 Loan Grade One-to-Four Commercial Home Equity Residential Other Commercial Consumer Total (Dollars in thousands) 1 $ — $ 10,203 $ — $ — $ — $ 431 $ — $ 10,634 2 — 4,287 — — — 1,465 — 5,752 3 27,975 24,626 1,814 586 2,164 2,803 — 59,968 4 75,246 130,857 3,363 10,646 22,293 21,942 51 264,398 5 26,306 95,408 3,476 2,347 17,930 11,344 324 157,135 6 2,587 11,501 — 284 2,470 270 — 17,112 7 1,713 6,686 — — 869 421 — 9,689 $ 133,827 $ 283,568 $ 8,653 $ 13,863 $ 45,726 $ 38,676 $ 375 $ 524,688 Ungraded Loan Exposure: Performing $ 142,222 $ 8,535 $ 41,497 $ 4,576 $ 14,149 $ 3,027 $ 4,230 $ 218,236 Nonperforming 889 — 250 — 251 — 47 1,437 Subtotal $ 143,111 $ 8,535 $ 41,747 $ 4,576 $ 14,400 $ 3,027 $ 4,277 $ 219,673 Total $ 276,938 $ 292,103 $ 50,400 $ 18,439 $ 60,126 $ 41,703 $ 4,652 $ 744,361
Aging Analysis of Recorded Investment of Past-Due Financing Receivables	The following tables include an aging analysis of the recorded investment of past-due financing receivables by class. The Company does not accrue interest on loans greater than 90 days past due. December 31, 2017 30-59 Days Past 60-89 Days Past 90 Days and Over Total Past Due Current Total Loans (Dollars in thousands) One-to-four family residential $ 3,941 $ 591 $ 562 $ 5,094 $ 297,890 $ 302,984 Commercial real estate 2,093 308 683 3,084 447,945 451,029 Home equity and lines of credit 308 27 120 455 49,506 49,961 Residential construction 501 — — 501 36,643 37,144 Other construction and land 1,711 21 93 1,825 99,343 101,168 Commercial 488 1 95 584 56,492 57,076 Consumer 27 25 10 62 5,715 5,777 Total $ 9,069 $ 973 $ 1,563 $ 11,605 $ 993,534 $ 1,005,139 December 31, 2016 30-59 Days Past 60-89 Days 90 Days and Over Total Past Due Current Total Loans (Dollars in thousands) One-to-four family residential $ 4,917 $ 1,108 $ 427 $ 6,452 $ 270,486 $ 276,938 Commercial real estate 1,382 1,800 1,638 4,820 287,283 292,103 Home equity and lines of credit 126 44 231 401 49,999 50,400 Residential construction 180 — — 180 18,259 18,439 Other construction and land 468 — 794 1,262 58,864 60,126 Commercial 368 — — 368 41,335 41,703 Consumer 62 1 — 63 4,589 4,652 Total $ 7,503 $ 2,953 $ 3,090 $ 13,546 $ 730,815 $ 744,361
Summary of Average Impaired Loans	The following table presents investments in loans considered to be impaired and related information on those impaired loans: December 31, 2017 December 31, 2016 Recorded Balance Unpaid Principal Specific Recorded Balance Unpaid Principal Specific (Dollars in thousands) Loans without a valuation allowance One-to four-family residential $ 2,266 $ 2,376 $ — $ 2,625 $ 2,723 $ — Commercial real estate 4,050 6,119 — 5,526 7,710 — Home equity and lines of credit 313 428 — 213 328 — Other construction and land 571 678 — 771 911 — $ 7,200 $ 9,601 $ — $ 9,135 $ 11,672 $ — Loans with a valuation allowance One-to four-family residential $ 1,607 $ 1,607 $ 185 $ 1,144 $ 1,144 $ 201 Commercial real estate 1,664 1,664 56 2,075 2,075 178 Home equity and lines of credit — — — 100 100 2 Other construction and land 872 872 66 911 911 175 Commercial 291 291 15 306 306 28 $ 4,434 $ 4,434 $ 322 $ 4,536 $ 4,536 $ 584 Total One-to four-family residential $ 3,873 $ 3,983 $ 185 $ 3,769 $ 3,867 $ 201 Commercial real estate 5,714 7,783 56 7,601 9,785 178 Home equity and lines of credit 313 428 — 313 428 2 Other construction and land 1,443 1,550 66 1,682 1,822 175 Commercial 291 291 15 306 306 28 $ 11,634 $ 14,035 $ 322 $ 13,671 $ 16,208 $ 584 The following table presents average impaired loans and interest income recognized on those impaired loans, by class segment, for the periods indicated: For the Year Ended December 31, 2017 2016 2015 Average Interest Average Interest Average Interest (Dollars in thousands) Loans without a valuation allowance One-to-four family residential $ 2,415 $ 116 $ 2,758 $ 117 $ 6,072 $ 174 Commercial real estate 6,188 128 7,834 116 7,999 299 Home equity and lines of credit 428 55 328 10 213 9 Other construction and land 686 20 923 27 668 30 $ 9,717 $ 319 $ 11,843 $ 270 $ 14,952 $ 512 Loans with a valuation allowance One-to-four family residential $ 1,642 $ 75 $ 1,162 $ 48 $ 2,056 $ 88 Commercial real estate 1,685 87 2,098 82 1,808 82 Home equity and lines of credit — — 100 4 100 4 Other construction and land 908 38 1,027 37 1,502 37 Commercial 299 21 312 19 323 19 $ 4,534 $ 221 $ 4,699 $ 190 $ 5,789 $ 230 Total One-to-four family residential $ 4,057 $ 191 $ 3,920 $ 165 $ 8,128 $ 262 Commercial real estate 7,873 215 9,932 198 9,807 381 Home equity and lines of credit 428 55 428 14 313 13 Other construction and land 1,594 58 1,950 64 2,170 67 Commercial 299 21 312 19 323 19 $ 14,251 $ 540 $ 16,542 $ 460 $ 20,741 $ 742
Financing Receivables on Nonaccrual Status	The following table summarizes the balances of nonperforming loans. Certain loans classified as Troubled Debt Restructurings (“TDRs”) and impaired loans may be on non-accrual status even though they are not contractually delinquent. December 31, 2017 2016 (Dollars in thousands) One-to-four family residential $ 1,421 $ 1,125 Commercial real estate 2,666 3,536 Home equity loans and lines of credit 120 250 Other construction and land 464 1,042 Commercial 95 41 Consumer 12 47 Non-performing loans $ 4,778 $ 6,041
Summary of TDR Loans	The following tables summarize TDRs as of the dates indicated: December 31, 2017 Performing Nonperforming Total TDRs TDRs TDRs (Dollars in thousands) One-to-four family residential $ 3,452 $ — $ 3,452 Commercial real estate 3,805 1,438 5,243 Home equity and lines of credit 313 — 313 Other construction and land 1,091 370 1,461 Commercial 291 — 291 $ 8,952 $ 1,808 $ 10,760 December 31, 2016 Performing Nonperforming Total TDRs TDRs TDRs (Dollars in thousands) One-to-four family residential $ 3,560 $ 210 $ 3,770 Commercial real estate 4,327 2,366 6,693 Home equity and lines of credit 313 — 313 Other construction and land 1,377 206 1,583 Commercial 305 — 305 $ 9,882 $ 2,782 $ 12,664 Loan modifications that were deemed TDRs at the time of the modification during the period presented are summarized in the table below: For the Year Ended December 31, 2017 (Dollars in thousands) Number of Pre-modification Post-modification Forgiveness of principal: Other construction and land 1 $ 242 $ 166 1 $ 242 $ 166

CONCENTRATIONS OF CREDIT RISK (

CONCENTRATIONS OF CREDIT RISK (Tables)	12 Months Ended
	Dec. 31, 2017
Concentrations Of Credit Risk Tables
Concentration of Company loan	The Company’s loans were concentrated in the following categories: December 31, 2017 2016 Real estate loans: One- to four-family residential 30.1 % 37.3 % Commercial 45.0 39.2 Home equity loans and lines of credit 4.9 6.7 Residential construction 3.7 2.5 Other construction and land 10.1 8.1 Commercial 5.6 5.5 Consumer 0.6 0.7 Total loans, gross 100 % 100 %

FIXED ASSETS (Tables)

FIXED ASSETS (Tables)	12 Months Ended
	Dec. 31, 2017
Fixed Assets Tables
Schedule of Fixed Assets	Fixed assets are summarized as follows: December 31, 2017 2016 (Dollars in thousands) Land and improvements $ 10,054 $ 9,201 Buildings 22,452 18,696 Furniture, fixtures, and equipment 8,767 8,429 Construction in process 52 — Total fixed assets $ 41,325 36,326 Less accumulated depreciation (17,212 ) (16,117 ) Fixed assets, net $ 24,113 $ 20,209
Schedule of Future Minimum Rental Payments for Operating Leases	Following is a schedule of approximate annual future minimum lease payments under operating leases that have initial or remaining lease terms in excess of one year (in thousands): 2018 $ 168 2019 143 2020 69 2021 53 2022 18 Total minimum lease commitments $ 451

REAL ESTATE OWNED (Tables)

REAL ESTATE OWNED (Tables)	12 Months Ended
	Dec. 31, 2017
Real Estate Owned Tables
Summary of Real Estate Owned and Changes in the Valuation Allowances	The following tables summarizes real estate owned and changes in the valuation allowance for real estate owned as of and for the periods indicated: As of December 31, (Dollars in thousands) 2017 2016 Real estate owned, gross $ 3,585 $ 5,650 Less: Valuation allowance 1,017 1,424 Real estate owned, net $ 2,568 $ 4,226 Year Ended December 31, (Dollars in thousands) 2017 2016 2015 Valuation allowance, beginning $ 1,424 $ 1,372 $ 1,760 Provision charged to expense 292 655 171 Reduction due to disposal (699 ) (603 ) (559 ) Valuation allowance, ending $ 1,017 $ 1,424 $ 1,372

BANK OWNED LIFE INSURANCE (BO43

BANK OWNED LIFE INSURANCE (BOLI) (Tables)	12 Months Ended
	Dec. 31, 2017
Bank Owned Life Insurance Boli Tables
Schedule of composition of Bank Owned Life Insurance	The following table summarizes the composition of our BOLI: December 31, 2017 2016 (Dollars in thousands) Separate account $ 2,504 $ 12,548 General account 18,491 17,944 Hybrid 11,155 855 Total $ 32,150 $ 31,347

LOAN SERVICING (Tables)

LOAN SERVICING (Tables)	12 Months Ended
	Dec. 31, 2017
Loan Servicing Tables
Summary of Unpaid Principal Mortgage and Other Loans	The unpaid principal balances of mortgage and SBA loans serviced for others is detailed below. December 31, 2017 2016 2015 (Dollars in thousands) $ 276,782 $ 264,264 $ 251,492
Loan Servicing Rights	The following summarizes the activity in the balance of loan servicing rights: December 31, 2017 2016 2015 (Dollars in thousands) Loan servicing rights, beginning of period $ 2,603 $ 2,344 $ 2,187 Capitalization from loans sold 618 604 544 Fair value adjustment (465 ) (345 ) (387 ) Loan servicing rights, end of period $ 2,756 $ 2,603 $ 2,344

GOODWILL AND OTHER INTANGIBLE45

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of changes in the carrying amounts of goodwill	The following is a summary of changes in the carrying amounts of goodwill: Year Ended December 31, 2017 2016 Dollars in thousands Balance at beginning of period $ 2,065 $ 711 Additions: Prior acquisitions measurement period adjustments 63 — Goodwill from current year acquisitions 21,775 1,354 Balance at end of period $ 23,903 $ 2,065
Schedule of gross carrying amounts and accumulated amortization of core deposit intangibles	The following is a summary of gross carrying amounts and accumulated amortization of core deposit intangibles: Years Ended December 31, 2017 2016 Dollars in thousands Gross balance at beginning of period $ 1,120 $ 590 Additions from acquisitions 3,720 530 Gross balance at end of period 4,840 1,120 Less accumulated amortization (571 ) (141 ) Core deposit intangible, net $ 4,269 $ 979

DERIVATIVE FINANCIAL INSTRUME46

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Tables)	12 Months Ended
	Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of fair value of the Company's derivative financial instruments	The table below presents the fair value of the Company’s derivative financial instruments as of the dates indicated as well as their classification on the consolidated balance sheet (in thousands). Fair Value Balance Sheet Location December 31, December 31, Designated as hedges: Cash flow hedge of borrowings - interest rate swap Other assets $ 561 $ 476 Total $ 561 $ 476 Not designated as hedges: Mortgage banking - loan commitment Other assets $ 45 $ 41 Mortgage banking - forward sales commitment Other assets 28 19 Total $ 73 $ 60
Schedule of Structure of the Swap Agreements	The structure of the swap agreements is described in the table below: Underlyings Designation Notional Payment Provision Life of Swap Junior Subordinated Debt Cash Flow Hedge $ 14,000 Pay 0.958%/Receive 3 month LIBOR 4 yrs FHLB Variable Rate Advance Cash Flow Hedge $ 15,000 Pay 1.054%/Receive 3 month LIBOR 2 yrs FHLB Variable Rate Advance Cash Flow Hedge $ 20,500 Pay 1.354%/Receive 3 month LIBOR 2 yrs
Schedule of Cash Flow Hedges Included in Statement of Income	The table below presents the effect of the Company’s cash flow hedge on the Consolidated Statement of Income (in thousands). Amount of Gain(Loss) Recognized in Accumulated Gain(Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Effective Portion) December 31, December 31, 2017 2016 Location 2017 2016 Interest rate swap $ 432 $ 300 Interest Expense $ (14 ) $ 32

DEPOSITS (Tables)

DEPOSITS (Tables)	12 Months Ended
	Dec. 31, 2017
Deposits Tables
Summary of Deposit Balances and Interest Expenses	The following table summarizes deposit balances and the related interest expense by type of deposit: As of and for the Year Ended December 31, 2017 2016 2015 (Dollars in thousands) Balance Interest Balance Interest Balance Interest Noninterest-bearing demand $ 179,457 $ — $ 139,136 $ — $ 121,062 $ — Interest-bearing demand 226,718 228 122,271 160 103,198 136 Money market 308,767 1,022 239,387 770 180,377 558 Savings 50,500 53 40,014 49 35,838 33 Time deposits 396,735 3,171 289,205 2,985 276,142 3,607 $ 1,162,177 $ 4,474 $ 830,013 $ 3,964 $ 716,617 $ 4,334
Schedule Of Certificates Of Deposit, By Contractual Maturity	Contractual maturities of time deposit accounts are summarized as follows: December 31, 2017 (Dollars in thousands) 2018 $ 218,382 2019 66,023 2020 47,942 2021 34,469 2022 16,081 Thereafter 13,838 $ 396,735
Schedule of activity related to the fair value premium on acquired time deposits	The following table presents the activity related to the fair value premium on acquired time deposits: For the Year Ended December 31, (Dollars in thousands) 2017 2016 2015 Time deposit premium, beginning of period $ 420 $ 30 $ — Additional premium for acquisitions 1,534 648 30 Accretion (852 ) (258 ) — Time deposit premium, end of period $ 1,102 $ 420 $ 30

BORROWINGS (Tables)

BORROWINGS (Tables)	12 Months Ended
	Dec. 31, 2017
Borrowings Tables
Schedule of Outstanding FHLB advances	The following tables summarize the outstanding FHLB advances as of the dates indicated: December 31, 2017 Balance Type Rate Maturity (Dollars in thousands) $ 5,000 Fixed Rate 1.29 % 1/5/2018 20,000 Fixed Rate 1.37 % 2/8/2018 20,500 Adjustable rate 1.48 % 5/24/2018 15,000 Adjustable rate 1.60 % 3/29/2018 5,000 Fixed Rate 1.29 % 4/2/2018 20,000 Fixed Rate 1.37 % 4/16/2018 25,000 Fixed Rate 1.36 % 5/7/2018 50,000 Fixed Rate 1.59 % 5/24/2018 5,000 Fixed Rate 1.26 % 6/5/2018 5,000 Fixed Rate 1.39 % 6/6/2018 10,000 Fixed Rate 0.84 % 6/29/2018 5,000 Fixed Rate 1.40 % 7/2/2018 5,000 Fixed Rate 1.38 % 7/2/2018 10,000 Fixed Rate 1.52 % 9/28/2018 5,000 Fixed Rate 1.51 % 12/31/2018 1,000 Fixed Rate 1.62 % 5/13/2019 2,000 Fixed Rate 1.53 % 6/12/2019 10,000 Fixed Rate 2.12 % 12/30/2019 5,000 Fixed Rate 2.12 % 12/30/2019 $ 223,500 1.48 % December 31, 2016 Balance Type Rate Maturity (Dollars in thousands) $ 5,000 Fixed Rate 0.58 % 1/3/2017 5,000 Fixed Rate 0.44 % 1/3/2017 50,000 Fixed Rate 0.49 % 1/5/2017 30,000 Fixed Rate 0.64 % 1/15/2017 15,000 Fixed Rate 0.63 % 1/17/2017 25,000 Fixed Rate 0.64 % 1/23/2017 20,000 Fixed Rate 0.56 % 2/7/2017 5,000 Fixed Rate 0.58 % 3/28/2017 15,000 Adjustable Rate 0.56 % 3/29/2017 5,000 Fixed Rate 0.80 % 3/31/2017 5,000 Fixed Rate 0.60 % 4/3/2017 10,000 Fixed Rate 0.60 % 4/6/2017 1,000 Fixed Rate 0.87 % 5/11/2017 20,500 Adjustable Rate 0.73 % 5/23/2017 5,000 Fixed Rate 0.82 % 6/6/2017 2,000 Fixed Rate 1.02 % 6/12/2017 5,000 Fixed Rate 0.76 % 6/30/2017 25,000 Fixed Rate 0.77 % 8/7/2017 10,000 Fixed Rate 0.82 % 9/28/2017 10,000 Fixed Rate 0.77 % 12/29/2017 5,000 Fixed Rate 0.78 % 12/30/2017 5,000 Fixed Rate 1.26 % 6/5/2018 10,000 Fixed Rate 0.84 % 6/29/2018 5,000 Fixed Rate 1.40 % 7/1/2018 5,000 Fixed Rate 1.51 % 12/31/2018 $ 298,500 0.68 %
Scheduled maturities of FHLB advances and respective weighted average rates	The scheduled annual maturities of FHLB advances and respective weighted average rates are as follows: December 31, 2017 Year Balance Weighted (Dollars in thousands) 2018 205,500 1.43 % 2019 18,000 2.02 % $ 223,500 1.48 %

POST-EMPLOYMENT BENEFITS (Table

POST-EMPLOYMENT BENEFITS (Tables)	12 Months Ended
	Dec. 31, 2017
Post-employment Benefits Tables
Schedule of liabilities for each plan	The following table summarizes the liabilities for each plan as of the dates indicated: December 31, 2017 2016 (Dollars in thousands) SERP $ 4,288 $ 4,417 CAP Equity 4,708 4,718 Director Consultation 246 252 Life Insurance 932 824 $ 10,174 $ 10,211

SHARE-BASED COMPENSATION (Table

SHARE-BASED COMPENSATION (Tables)	12 Months Ended
	Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of stock option activity	The table below presents stock option activity and related information: Restricted Stock Options (Dollars in thousands, Shares Weighted Options Weighted Weighted Aggregate December 31, 2015 157,100 $ 18.55 366,000 $ 18.55 Granted 26,300 17.49 57,400 17.52 Vested/Exercised (30,220 ) 18.55 — — Forfeited (7,600 ) 18.55 (16,200 ) 18.55 December 31, 2016 145,580 18.36 407,200 18.41 Granted 18,600 25.76 40,900 25.92 Vested/Exercised (33,780 ) 18.39 (3,600 ) 18.55 Forfeited (5,200 ) 18.55 (11,200 ) 18.55 December 31, 2017 125,200 19.44 433,300 19.11 8.16 $ 4,409 Vested/Exercisable at December 31, 2017 — $ — 145,480 $ 18.47 7.97 $ 1,568
Schedule of fair value of options granted Black-Scholes model	The following is a summary of stock options outstanding at December 31, 2017: Options Outstanding Options Exercisable Shares Range Wtd Ave Price Ave Remaining Life Shares Wtd Ave Price Ave Remaining Life 5,000 $ 16.00-17.00 $ 16.75 8.14 1,000 $ 16.75 8.14 40,500 17.01-18.00 17.45 8.41 8,100 17.45 8.41 346,900 18.01-18.55 18.54 7.95 136,380 18.54 7.94 29,000 18.56-25.00 24.02 9.55 — — — 11,900 25.01-30.55 30.55 9.98 — — — 433,300 19.11 8.16 145,480 18.47 7.97
Schedule of Restricted stock unit activity	The following table illustrates the assumptions for the Black-Scholes model used in determining the fair value of options granted: 2017 2016 Fair value per option $ 5.30 $ 3.02 Expected life (years) 6.5 years 6.5 years Expected stock price volatility 13 % 12 % Expected dividend yield 0.00 % 0.00 % Risk-free interest rate 2.19 % 1.57 % Expected forfeiture rate 0.00 % 0.00 %

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2017
Income Taxes Tables
Schedule of Components of Income Tax Expense (Benefit)	Income tax expense (benefit) is summarized as follows: For the Year Ended December 31, 2017 2016 2015 (Dollars in thousands) Current Federal $ 365 $ 549 $ (150 ) State 66 24 — Deferred Federal 6,729 2,370 2,252 State 368 552 109 Change in valuation allowance — — (18,950 ) Total income tax expense (benefit) $ 7,528 $ 3,495 $ (16,739 )
Schedule of Effective Income Tax Rate Reconciliation	The differences between actual income tax expense and the amount computed by applying the federal statutory income tax rate of 35% to income before income taxes for the periods indicated is reconciled as follows: For the Year Ended December 31, 2017 2016 2015 (Dollars in thousands) Computed income tax expense $ 3,537 $ 3,455 $ 2,480 Deferred tax valuation allowance — — (18,950 ) State income tax, net of federal benefit 282 218 165 Nontaxable municipal security income (1,036 ) (544 ) (126 ) Nontaxable BOLI income (243 ) (107 ) (160 ) Change in federal and state rates applied to deferreds 4,871 353 — Low income housing tax credit investments (44 ) — — Other 161 120 (148 ) Actual income tax expense (benefit) $ 7,528 $ 3,495 $ (16,739 ) Effective tax rate 74.5 % 35.4 % -236.2 %
Schedule of Deferred Tax Assets and Liabilities	The components of net deferred taxes as of the periods indicated are summarized as follows: As of December 31, 2017 2016 (Dollars in thousands) Deferred tax assets: Allowance for loan losses $ 2,356 $ 3,245 Deferred compensation and post employment benefits 1,993 3,365 Non-accrual interest 204 375 Valuation reserve for other real estate 346 693 North Carolina NOL carryover 475 557 Federal NOL carryover 3,507 8,560 AMT credit carryforward 645 414 Unrealized losses on securities 149 3,255 Loan basis differences 77 238 Deposit premium 104 155 Fixed assets 63 — Other 1,009 966 Total deferred tax assets 10,928 21,823 Deferred tax liabilities: Fixed assets — 263 Loan servicing rights 620 962 Goodwill 126 18 Core deposit intangible 37 158 Deferred loan costs 757 1,002 Prepaid expenses 31 57 Unrealized gains on securities 377 201 Derivative instruments 128 176 Other 21 1 Total deferred tax liabilities 2,097 2,838 Net deferred tax asset $ 8,831 $ 18,985
Schedule of Unused net operating losses and expiration dates	The following table summarizes the amount and expiration dates of the Company’s unused net operating losses: As of December 31, 2017 (Dollars in thousands) Amount Expiration Federal $ 16,702 2031-2034 North Carolina $ 24,060 2026-2029

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Dec. 31, 2017
Earnings Per Share Tables
Schedule of reconciliation of average shares outstanding	The following is a reconciliation of the numerator and denominator of basic and diluted net income per share of common stock: For the Year Ended December 31, (Dollars in thousands, except per share amounts) 2017 2016 Numerator: Net income $ 2,579 $ 6,376 Denominator: Weighted-average common shares outstanding - basic 6,561,699 6,477,284 Effect of dilutive stock options 54,248 — Effect of dilutive restricted stock units 42,667 12,647 Weighted-average common shares outstanding - diluted 6,658,614 6,489,931 Earnings per share - basic $ 0.39 $ 0.98 Earnings per share - diluted $ 0.39 $ 0.98

ACCUMULATED OTHER COMPREHENSI53

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	12 Months Ended
	Dec. 31, 2017
Accumulated Other Comprehensive Income Loss Tables
Schedule of Accumulated other comprehensive income (loss)	The following table summarizes the components of accumulated other comprehensive income (loss) and changes in those components as of and for the years ended December 31: (Dollars in thousands) Available for Held to Maturity Deferred Tax Cash Flow Total Balance, December 31, 2014 $ (236 ) $ (1,165 ) $ (868 ) $ — $ (2,269 ) Change in deferred tax valuation allowance attributable to net unrealized losses on investment securities — — 289 — 289 Change in unrealized holding gains/losses on securities available for sale (166 ) — — — (166 ) Reclassification adjustment for net securities gains included in net income (403 ) — — — (403 ) Amortization of unrealized losses on securities transferred to held to maturity — 984 — — 984 Income tax expense (benefit) 211 (382 ) — — (171 ) Balance, December 31, 2015 $ (594 ) $ (563 ) $ (579 ) $ — $ (1,736 ) Change in deferred tax valuation allowance attributable to net unrealized losses on investment securities — — 377 — 377 Change in unrealized holding gains/losses on securities available for sale (6,652 ) — — — (6,652 ) Reclassification adjustment for net securities gains included in net income (1,216 ) — — — (1,216 ) Amortization of unrealized losses on securities transferred to held to maturity — 578 — — 578 Reduction in unrealized losses related to held to maturity securities transferred to available-for-sale — 325 — — 325 Change in unrealized holding gains/losses on cash flow hedge — — — 444 444 Reclassification adjustment for cash flow hedge effectiveness — — — 32 32 Income tax expense (benefit) 2,908 (340 ) — (176 ) 2,392 Balance, December 31, 2016 $ (5,554 ) $ — $ (202 ) $ 300 $ (5,456 ) Change in deferred tax valuation allowance attributable to net unrealized losses on investment securities — — 202 — 202 Change in unrealized holding gains/losses on securities available for sale 6,347 — — — 6,347 Reclassification adjustment for net securities losses included in net income 1,102 — — — 1,102 Reclassification adjustment for other than temporary impairment of securities available for sale 757 — — — 757 Change in unrealized holding gains on cash flow hedge — — — 99 99 Reclassification adjustment for cash flow hedge effectiveness — (14 ) (14 ) Income tax expense (benefit) (3,107 ) — — 47 (3,060 ) Balance, December 31, 2017 $ (455 ) $ — $ — $ 432 $ (23 )
Schedule of Consolidated Statements of Operations affected by amounts reclassified from accumulated other comprehensive income (loss)	The following table shows the line items in the Consolidated Statements of Operations affected by amounts reclassified from accumulated other comprehensive income (loss): Year Ended December 31, Income Statement (Dollars in thousands) 2017 2016 2015 Line Item Affected Available-for-sale securities Gains(losses) recognized $ (1,102 ) $ 1,216 $ 403 Gain (loss) on sale of investments, net Other than temporary impairment (757 ) Other than temporary impairment on investments Income tax effect 678 (449 ) (152 ) Income tax expense (benefit) Reclassified out of AOCI, net of tax (1,181 ) 767 251 Net income Held-to-maturity securities Amortization of unrealized losses — (578 ) (984 ) Interest income - taxable securities Increase related to transfer from AFS — — — Interest income - taxable securities Reduction related to transfer to AFS — (325 ) — Interest income - taxable securities Income tax effect — 340 382 Income tax expense Reclassified out of AOCI, net of tax — (563 ) (602 ) Net income Cash flow hedge Interest expense - effective portion (20 ) (16 ) — Interest expense - FHLB advances Interest expense - effective portion 34 (16 ) — Interest expense - Junior subordinated notes Income tax effect 5 12 — Income tax expense Reclassified out of AOCI, net of tax 19 (20 ) — Net income Deferred tax valuation allowance Recognition of reversal of valuation allowance 202 377 289 Income tax expense Total reclassified out of AOCI, net of tax $ (960 ) $ 561 $ (62 ) Net income

REGULATORY MATTERS (Tables)

REGULATORY MATTERS (Tables)	12 Months Ended
	Dec. 31, 2017
Regulatory Matters Tables
Schedule of actual and required capital amounts and ratios	Following are the required and actual capital amounts and ratios for the Bank: Actual For Capital Adequacy Purposes To Be Well-Capitalized Under Prompt Corrective Action Provisions (Dollars in thousands) Amount Ratio Amount Ratio (1) Amount Ratio As of December 31, 2017: Tier 1 Leverage Capital $ 136,280 8.79 % $ 61,994 > $ 77,492 > Common Equity Tier 1 Capital $ 136,280 11.92 % $ 65,729 > $ 74,303 > Tier 1 Risk-based Capital $ 136,280 11.92 % $ 82,876 > $ 91,450 > Total Risk-based Capital $ 147,266 12.88 % $ 105,739 > $ 114,312 > As of December 31, 2016: Tier 1 Leverage Capital $ 138,402 11.06 % $ 50,034 > $ 62,542 > Common Equity Tier 1 Capital $ 138,402 16.33 % $ 38,150 > $ 55,106 > Tier 1 Risk-based Capital $ 138,402 16.33 % $ 50,867 > $ 67,823 > Total Risk-based Capital $ 147,807 17.43 % $ 67,823 > $ 84,778 > (1) – As of December 31, 2017, includes capital conservation buffer of 1.25%. On a fully phased in basis, effective January 1, 2019, under Basel III, minimum capital ratios to be considered “adequately capitalized” including the capital conservation buffer of 2.5% will be as follows: Tier 1 Leverage Capital – 4.0%; Common Equity Tier 1 Capital – 7.0%; Tier 1 Risk-based Capital – 8.5%; and Total Risk-based Capital – 10.5%. Following are the required and actual capital amounts and ratios for the Company: Actual For Capital Adequacy Purposes (Dollars in thousands) Amount Ratio Amount Ratio (1) As of December 31, 2017: Tier I Leverage Capital $ 134,470 8.68 % $ 6 1,967 > Common Equity Tier 1 Capital $ 120,861 10.57 % $ 65,775 > Tier I Risk-based Capital $ 134,470 11.76 % $ 82,934 > Total Risk Based Capital $ 145,457 12.72 % $ 105,812 > As of December 31, 2016: Tier I Leverage Capital $ 141,013 11.28 % $ 50,200 > Common Equity Tier 1 Capital $ 130,079 15.33 % $ 38,188 > Tier I Risk-based Capital $ 141,013 16.62 % $ 50,918 > Total Risk Based Capital $ 150,418 17.72 % $ 67,891 > (1) – As of December 31, 2017, includes capital conservation buffer of 1.25%. On a fully phased in basis, effective January 1, 2019, under Basel III, minimum capital ratios to be considered “adequately capitalized” including the capital conservation buffer of 2.5% will be as follows: Tier 1 Leverage Capital – 4.0%; Common Equity Tier 1 Capital – 7.0%; Tier 1 Risk-based Capital – 8.5%; and Total Risk-based Capital – 10.5%.

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2017
Commitments And Contingencies Tables
Schedule of commitments to fund lines of credit	The following summarizes the Company’s approximate commitments to extend credit: December 31, 2017 (Dollars in thousands) Lines of credit $ 139,974 Standby letters of credit 1,677 $ 141,651
Schedule of Outstanding commitments to originate mortgage loans	The Company had outstanding commitments to originate loans as follows: December 31, 2017 Amount Range of Rates (Dollar in thousands) Fixed $ 47,184 3.10% to 6.99% Variable 11,686 3.99% to 7.00% $ 58,870

FAIR VALUE DISCLOSURES (Tables)

FAIR VALUE DISCLOSURES (Tables)	12 Months Ended
	Dec. 31, 2017
Fair Value Disclosures Tables
Summary of assets and liabilities measured at fair value on a recurring basis	Below is a table that presents information about certain assets and liabilities measured at fair value on a recurring basis: December 31, 2017 Level 1 Level 2 Level 3 Total (Dollars in thousands) Trading account assets $ 6,095 $ — $ — $ 6,095 Securities available for sale: U.S. Treasury & Government Agencies 2,496 17,022 — 19,518 Municipal Securities — 94,863 — 94,863 Mortgage-backed Securities - Guaranteed — 139,760 — 139,760 Mortgage-backed Securities - Non Guaranteed — 63,275 — 63,275 Collateralized Loan Obligations — 5,539 — 5,539 Corporate bonds — 18,799 492 19,291 Mutual funds 617 — — 617 Total securities available for sale 3,113 339,258 492 342,863 Loan servicing rights — — 2,756 2,756 Derivative assets — 561 — 561 Forward sales commitments — — 28 28 Interest rate lock commitments — — 45 45 Total assets $ 9,208 $ 339,819 $ 3,321 $ 352,348 December 31, 2016 Level 1 Level 2 Level 3 Total (Dollars in thousands) Trading account assets $ 5,211 $ — $ — $ 5,211 Securities available for sale: U.S. Treasury & Government Agencies 2,514 12,107 — 14,621 Municipal Securities — 146,771 — 146,771 Mortgage-backed Securities - Guaranteed — 160,181 — 160,181 Mortgage-backed Securities - Non Guaranteed — 57,756 — 57,756 Corporate bonds — 16,214 2,144 18,358 Mutual funds 604 — — 604 Total securities available for sale 3,118 393,029 2,144 398,291 Loan servicing rights — — 2,603 2,603 Derivative assets — 476 — 476 Forward sales commitments — — 19 19 Interest rate lock commitments — — 41 41 Total assets $ 8,329 $ 393,505 $ 4,807 $ 406,641
Schedule of changes in assets measured at fair value on a recurring basis	The following table presents the changes in assets measured at fair value on a recurring basis for which we have utilized Level 3 inputs to determine fair value: Year Ended December 31, 2017 2016 2015 (Dollars in thousands) Balance at beginning of year $ 4,807 $ 2,390 $ 2,248 Corporate bonds Fair value adjustment 1 — — Transfers from HTM — 2,144 — Transfer to Level 2 (1,087 ) — — Sold (566 ) — — Loan servicing right activity, included in servicing income, net Capitalization from loans sold 618 604 544 Fair value adjustment (465 ) (345 ) (387 ) Mortgage derivative gains (losses) included in other income 13 14 (15 ) Balance at end of year $ 3,321 $ 4,807 $ 2,390
Summary of assets and liabilities measured at a fair value on a nonrecurring basis	The table below presents information about certain assets and liabilities measured at fair value on a nonrecurring basis. There were no loans held for sale carried at fair value at either December 31, 2017 or 2016. December 31, 2017 Level 1 Level 2 Level 3 Total (Dollars in thousands) Collateral dependent impaired loans: One-to four family residential $ — $ — $ 2,266 $ 2,266 Commercial real estate — — 4,050 4,050 Home equity loans and lines of credit — — 313 313 Other construction and land — — 571 571 Real estate owned: One-to four family residential — — 288 288 Commercial real estate — — 544 544 Other construction and land — — 1,736 1,736 Total assets $ — $ — $ 9,768 $ 9,768 December 31, 2016 Level 1 Level 2 Level 3 Total (Dollars in thousands) Collateral dependent impaired loans: One-to four family residential $ — $ — $ 2,205 $ 2,205 Commercial real estate — — 6,329 6,329 Home equity loans and lines of credit — — 213 213 Other construction and land — — 809 809 Real estate owned: One-to four family residential — — 1,336 1,336 Commercial real estate — — 722 722 Other construction and land — — 2,168 2,168 Total assets $ — $ — $ 13,782 $ 13,782
Schedule of significant unobservable inputs used in the fair value measurements	The following table provides information describing the unobservable inputs used in Level 3 fair value measurements at December 31, 2017. Valuation Technique Unobservable Input General Range Impaired loans Discounted Appraisals Collateral discounts and estimated selling cost 0 – 30% Real estate owned Discounted Appraisals Collateral discounts and estimated selling cost 0 – 30% Corporate bonds Discounted Cash Flows Recent trade pricing 0-8% Loan servicing rights Discounted Cash Flows Prepayment speed 5 – 35% Discount rate 12-14% SBIC Indicative value provided by fund Current operations and financial condition 0%-13%
Schedule of carrying amount and estimated fair value of the Company's financial instruments	The approximate carrying and estimated fair value of financial instruments are summarized below: Fair Value Measurements at December 31, 2017 Carrying (Dollars in thousands) Amount Total Level 1 Level 2 Level 3 Assets: Cash and equivalents $ 109,467 $ 109,467 $ 109,467 $ — $ — Trading securities 6,095 6,095 6,095 — — Securities available for sale 342,863 342,863 3,113 339,258 492 Loans held for sale 3,845 4,211 — 4,211 — Loans receivable, net 1,005,139 992,993 — — 992,993 Other investments, at cost 12,386 12,386 — 12,386 — Accrued interest receivable 5,405 5,405 — 5,405 — BOLI 32,150 32,150 — 32,150 — Loan servicing rights 2,756 2,756 — — 2,756 Forward sales commitments 28 28 — — 28 Interest rate lock commitments 45 45 — — 45 Derivative asset 561 561 — 561 — SBIC investments 3,491 3,491 — — 3,491 Liabilities: Demand deposits $ 765,442 $ 765,442 $ — $ 765,442 $ — Time deposits 396,735 390,806 — — 390,806 FHLB advances 223,500 223,627 — 223,627 — Junior subordinated debentures 14,433 14,433 — 14,433 — Other borrowings 8,623 8,620 — 8,620 — Accrued interest payable 935 935 — 935 — Fair Value Measurements at December 31, 2016 Carrying (Dollars in thousands) Amount Total Level 1 Level 2 Level 3 Assets: Cash and equivalents $ 43,294 $ 43,294 $ 43,294 $ — $ — Trading securities 5,211 5,211 5,211 — — Securities available for sale 398,291 398,291 3,118 393,029 2,144 Loans held for sale 4,584 5,093 — 5,093 — Loans receivable, net 744,361 741,612 — — 741,612 Other investments, at cost 15,261 15,261 — 15,261 — Accrued interest receivable 5,012 5,012 — 5,012 — Bank owned life insurance 31,347 31,347 — 31,347 — Loan servicing rights 2,603 2,603 — — 2,603 Forward sales commitments 19 19 — — 19 Interest rate lock commitments 41 41 — — 41 Derivative asset 476 476 — 476 — SBIC investments 1,655 1,655 — — 1,655 Liabilities: Demand deposits $ 540,808 $ 540,808 $ — $ 540,808 $ — Time deposits 289,205 286,611 — — 286,611 Federal Home Loan Bank advances 298,500 298,667 — 298,667 — Junior subordinated debentures 14,433 14,433 — 14,433 — Other borrowings 2,725 2,907 — 2,907 — Accrued interest payable 254 254 — 254 —

SHARE REPURCHASES (Tables)

SHARE REPURCHASES (Tables)	12 Months Ended
	Dec. 31, 2017
Banking and Thrift [Abstract]
Schedule of Share Repurchase Activity	The following table summarizes share repurchase activity through December 31, 2017: Period Total Number Average Price Total Number of Shares Maximum Number of January 1, 2017 to January 31, 2017 — $ — — 222,750 February 1, 2017 to February 28, 2017 — $ — — 222,750 March 1, 2017 to March 31, 2017 13,000 $ 23.12 13,000 209,750 April 1, 2017 to June 30, 2017 — $ — — 209,750 July 1, 2017 to September 30, 2017 — $ — — 209,750 October 1, 2017 to December 31, 2017 — $ — — 209,750 Total year-to-date 2017 13,000 $ 23.12 13,000 209,750

PARENT COMPANY FINANCIAL INFO58

PARENT COMPANY FINANCIAL INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2017
Parent Company Financial Information Tables
Schedule of Condensed Balance Sheet	Condensed Balance Sheets December 31, 2017 2016 (Dollars in thousands) Assets Cash $ 3,244 $ 3,137 Equity investment in subsidiary 167,252 144,011 Equity investment in trust 433 433 Other assets 624 508 Total assets $ 171,553 $ 148,089 Liabilities and Shareholders’ Equity Junior subordinated debentures $ 14,433 $ 14,433 Other borrowings 5,000 — Other liabilities 807 588 Shareholders’ equity 151,313 133,068 Total liabilities and shareholders’ equity $ 171,553 $ 148,089
Schedule of Condensed Income Statement	Condensed Statements of Operations Year Ended December 31, 2017 2016 2015 (Dollars in thousands) Income Interest income $ 56 $ 81 $ 190 Dividends from subsidiary 20,630 510 114 20,686 591 304 Expenses Interest 626 532 458 Other 361 358 259 987 890 717 Income (loss) before income taxes and equity in undistributed income of subsidiary 19,699 (299 ) (413 ) Income tax benefit allocated from consolidated income tax return 326 283 180 Income (loss) before equity in undistributed income (loss) of subsidiary 20,025 (16 ) (233 ) Equity in undistributed income (loss) of subsidiary (17,446 ) 6,392 24,058 Net income $ 2,579 $ 6,376 $ 23,825
Schedule of Condensed Cash Flow Statement	Condensed Statements of Cash Flows Year Ended December 31, 2017 2016 2015 (Dollars in thousands) Operating activities: Net income $ 2,579 $ 6,376 $ 23,825 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Equity in undistributed (earnings) loss of subsidiary 17,446 (6,392 ) (24,058 ) (Increase) decrease in other assets (97 ) 55 (19 ) Increase in other liabilities 166 97 354 Net cash provided by operating activities $ 20,094 $ 136 $ 102 Investing activities: Investment in subsidiary $ (25,448 ) $ (13,486 ) $ — Net cash used in investing activities $ (25,448 ) $ (13,486 ) $ — Financing activities: Proceeds from other borrowings $ 5,000 $ — $ — Cash paid to tax authorities for shares surrendered upon vesting of restricted stock units (149 ) (87 ) — Cash paid to tax authorities for shares surrendered upon exercise of stock options (6 ) — — Repurchase of stock (301 ) (1,835 ) — Purchase of common stock for Rabbi Trust — — (279 ) Reimbursement from bank subsidiary for share-based compensation 917 864 70 Net cash provided by (used in) financing activities $ 5,461 $ (1,058 ) $ (209 ) Increase (decrease) in cash and cash equivalents 107 (14,408 ) (107 ) Cash and cash equivalents, beginning of year 3,137 17,545 17,652 Cash and cash equivalents, end of year $ 3,244 $ 3,137 $ 17,545 Noncash investing and financing activities: Transfer of Rabbi Trust investments to Company stock $ 100 $ — $ — Common stock issued in acquisitions $ 9,872 $ — $ —

ORGANIZATION (Details Narrative

ORGANIZATION (Details Narrative)	Dec. 31, 2017
Organization Details Narrative
Ownership percentage in Macon Capital Trust I	100.00%

SUMMARY OF SIGNIFICANT ACCOUN60

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Advertising Expenses	$ 1,000	$ 1,100	$ 500
Debt issuance costs of the Junior Subordinated Notes	$ 100	$ 100	$ 100
Minimum [Member]
Estimated useful lives of the assets	4 years
Maximum [Member]
Estimated useful lives of the assets	30 years

ACQUISITIONS (Details)

ACQUISITIONS (Details) - USD ($) $ in Thousands	Oct. 02, 2017	Dec. 31, 2017	Apr. 02, 2017	Feb. 24, 2017	Dec. 31, 2016	Dec. 31, 2015
Liabilities
Goodwill		$ 23,903			$ 2,065	$ 711
As Recorded by Stearns [Member]
Assets
Cash and cash equivalents				$ 1,258
Loans				7
Premises and equipment				950
Core deposit intangible
Total assets acquired				2,215
Liabilities
Deposits				153,122
Other liabilities				321
Total liabilities assumed				153,443
Excess of assets acquired over liabilities assumed				151,228
Fair Value Adjustments [Member]
Assets
Cash and cash equivalents
Loans	(570)		272
Fixed assets	(408)		(22)
Accrued interest receivable
Premises and equipment				132
Core deposit intangible	2,070		530	1,650
Deferred tax asset	(751)		207
Other assets	(8)		(337)
Total assets acquired	333			1,782
Liabilities
Deposits	472			1,062
Accrued interest payable	(14)
Other liabilities	(3,341)		(9)
Total liabilities assumed	(2,883)		664	1,062
Excess of assets acquired over liabilities assumed	3,216		275	720
As recorded by the Company [Member]
Assets
Cash and cash equivalents	22,625		7,573	1,258
Loans	158,970		64,845	7
Fixed assets	3,537		3,392
Accrued interest receivable	421		552
Premises and equipment				1,082
Core deposit intangible	2,070		530	1,650
Deferred tax asset			466
Other assets	1,571		601
Total assets acquired	189,194			3,997
Liabilities
Deposits	166,096			154,184
Accrued interest payable	88		30
Other liabilities	4,449		116	321
Total liabilities assumed	170,633		97,878	154,505
Excess of assets acquired over liabilities assumed	18,561		12,132	150,508
Cash received to settle the acquisition			13,486	145,492
Goodwill	16,759		$ 1,354	$ 5,016
Chattahoochee Bank of Georgia [Member]
Assets
Cash and cash equivalents	22,625
Loans	159,540
Fixed assets	3,945
Deferred tax asset	751
Other assets	1,579
Total assets acquired	188,861
Liabilities
Deposits	165,624
Accrued interest payable	102
Other liabilities	7,790
Total liabilities assumed	173,516
Excess of assets acquired over liabilities assumed	15,345
Cash paid for merger	$ 25,448
Equity consideration (in shares)	9,872
Aggregate Merger Consideration	$ 35,320

ACQUISITIONS (Details 2)

ACQUISITIONS (Details 2) - USD ($) $ in Thousands	Dec. 31, 2017	Oct. 02, 2017	Apr. 02, 2017	Feb. 24, 2017	Dec. 31, 2016	Dec. 31, 2015
Liabilities
Goodwill	$ 23,903				$ 2,065	$ 711
As recorded by Old Town Bank [Member]
Assets
Cash and cash equivalents			$ 7,573
Investments			30,882
Loans			64,573
Fixed assets			3,414
Interest receivable			552
Core deposit intangible
Other real estate owned			880
Deferred tax asset			259
Other assets			938
Total asset acquired			109,071
Liabilities
Deposits			88,059
FHLB advances			9,000
Accrued interest payable			30
Other liabilities			125
Total liabilities assumed			97,214
Excess of assets acquired over liabilities assumed			11,857
Fair Value Adjustments [Member]
Assets
Cash and cash equivalents
Investments			246
Loans		(570)	272
Fixed assets		(408)	(22)
Interest receivable
Core deposit intangible		2,070	530	1,650
Other real estate owned			43
Deferred tax asset		(751)	207
Other assets		(8)	(337)
Total asset acquired			939
Liabilities
Deposits			648
FHLB advances			25
Accrued interest payable		(14)
Other liabilities		(3,341)	(9)
Total liabilities assumed		(2,883)	664	1,062
Excess of assets acquired over liabilities assumed		3,216	275	720
As recorded by the Company [Member]
Assets
Cash and cash equivalents		22,625	7,573	1,258
Investments			31,128
Loans		158,970	64,845	7
Fixed assets		3,537	3,392
Interest receivable		421	552
Core deposit intangible		2,070	530	1,650
Other real estate owned			923
Deferred tax asset			466
Other assets		1,571	601
Total asset acquired			110,010
Liabilities
Deposits			88,707
FHLB advances			9,025
Accrued interest payable		88	30
Other liabilities		4,449	116	321
Total liabilities assumed		170,633	97,878	154,505
Excess of assets acquired over liabilities assumed		18,561	12,132	150,508
Purchase price			13,486	145,492
Goodwill		$ 16,759	$ 1,354	$ 5,016

ACQUISITIONS (Details 3)

ACQUISITIONS (Details 3) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Net income		$ 2,579	$ 6,376	$ 23,825
Actual [Member]
Total revenues	$ 2,509
Net income	$ 1,194
ProForma [Member]
Total revenues		54,618	49,542
Net income		$ 7,079	$ 8,159

ACQUISTIONS (Details Narrative)

ACQUISTIONS (Details Narrative) $ in Thousands	Oct. 02, 2017USD ($)
Acquistions Details Narrative
Merger-related charges related to the Cornerstone acquisition	$ 2,400

INVESTMENT SECURITIES (Details)

INVESTMENT SECURITIES (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Trading Securities Cash	$ 6,095	$ 5,211
Amortized Cost	343,467	407,101
Gross Unrealized Gains	1,832	690
Gross Unrealized Losses	(2,436)	(9,500)
Estimated fair value	342,863	398,291
U.S. Government Agencies [Member]
Amortized Cost	19,519	14,577
Gross Unrealized Gains	7	46
Gross Unrealized Losses	(8)	(2)
Estimated fair value	19,518	14,621
Municipal Securities [Member]
Amortized Cost	94,259	152,208
Gross Unrealized Gains	975	337
Gross Unrealized Losses	(371)	(5,774)
Estimated fair value	94,863	146,771
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Amortized Cost	141,301	162,379
Gross Unrealized Gains	112	134
Gross Unrealized Losses	(1,653)	(2,332)
Estimated fair value	139,760	160,181
Mortgage-backed Securities, SBA securities [Member]
Amortized Cost	63,279	58,967
Gross Unrealized Gains	323	2
Gross Unrealized Losses	(327)	(1,213)
Estimated fair value	63,275	57,756
Mortgage-backed Securities, Collateralized mortgage obligations [Member]
Amortized Cost	5,555	18,354
Gross Unrealized Gains	6	171
Gross Unrealized Losses	(22)	(167)
Estimated fair value	5,539	18,358
Corporate debt securities [Member]
Amortized Cost	18,925
Gross Unrealized Gains	409
Gross Unrealized Losses	(43)
Estimated fair value	19,291
Mutual Funds [Member]
Amortized Cost	629	616
Gross Unrealized Gains
Gross Unrealized Losses	(12)	(12)
Estimated fair value	$ 617	$ 604

INVESTMENT SECURITIES (Details

INVESTMENT SECURITIES (Details 2) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Held to maturity, Less Than 12 Months Unrealized Losses	$ 81	$ 240
Held to maturity, Over 12 Months Unrealized Losses	70	15
Held to maturity, Unrealized Losses	151	255
Available for sale, Less Than 12 Months Fair Value	106,996	300,919
Available for sale, Less Than 12 Months Unrealized Losses	832	9,188
Available for sale, Over 12 Months Fair Value	90,095	17,925
Available for sale, Over 12 Months Unrealized Losses	1,604	312
Available for sale, Fair Value	197,091	318,844
Available for sale, Unrealized Losses	2,436	9,500
U.S. Government Agencies [Member]
Held to maturity, Less Than 12 Months Unrealized Losses	5	1
Held to maturity, Over 12 Months Unrealized Losses	1
Held to maturity, Unrealized Losses	6	1
Available for sale, Less Than 12 Months Fair Value	8,939	1,000
Available for sale, Less Than 12 Months Unrealized Losses	6	2
Available for sale, Over 12 Months Fair Value	998
Available for sale, Over 12 Months Unrealized Losses	2
Available for sale, Fair Value	9,937	1,000
Available for sale, Unrealized Losses	8	2
Municipal Securities [Member]
Held to maturity, Less Than 12 Months Unrealized Losses	12	129
Held to maturity, Over 12 Months Unrealized Losses	22	1
Held to maturity, Unrealized Losses	34	130
Available for sale, Less Than 12 Months Fair Value	12,047	122,468
Available for sale, Less Than 12 Months Unrealized Losses	66	5,759
Available for sale, Over 12 Months Fair Value	22,982	331
Available for sale, Over 12 Months Unrealized Losses	305	15
Available for sale, Fair Value	35,029	122,799
Available for sale, Unrealized Losses	371	5,774
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Held to maturity, Less Than 12 Months Unrealized Losses	45	77
Held to maturity, Over 12 Months Unrealized Losses	37	13
Held to maturity, Unrealized Losses	82	90
Available for sale, Less Than 12 Months Fair Value	56,731	115,539
Available for sale, Less Than 12 Months Unrealized Losses	513	2,035
Available for sale, Over 12 Months Fair Value	53,800	17,594
Available for sale, Over 12 Months Unrealized Losses	1,140	297
Available for sale, Fair Value	110,531	133,133
Available for sale, Unrealized Losses	1,653	2,332
Mortgage-backed Securities, SBA securities [Member]
Held to maturity, Less Than 12 Months Unrealized Losses	15	24
Held to maturity, Over 12 Months Unrealized Losses	8	1
Held to maturity, Unrealized Losses	23	25
Available for sale, Less Than 12 Months Fair Value	24,455	54,555
Available for sale, Less Than 12 Months Unrealized Losses	216	1,213
Available for sale, Over 12 Months Fair Value	10,654
Available for sale, Over 12 Months Unrealized Losses	111
Available for sale, Fair Value	35,109	54,555
Available for sale, Unrealized Losses	327	1,213
Mortgage-backed Securities, Collateralized mortgage obligations [Member]
Held to maturity, Less Than 12 Months Unrealized Losses	2
Held to maturity, Over 12 Months Unrealized Losses
Held to maturity, Unrealized Losses	2
Available for sale, Less Than 12 Months Fair Value	3,520
Available for sale, Less Than 12 Months Unrealized Losses	22
Available for sale, Over 12 Months Fair Value
Available for sale, Over 12 Months Unrealized Losses
Available for sale, Fair Value	3,520
Available for sale, Unrealized Losses	22
Corporate debt securities [Member]
Held to maturity, Less Than 12 Months Unrealized Losses	2	8
Held to maturity, Over 12 Months Unrealized Losses	1
Held to maturity, Unrealized Losses	3	8
Available for sale, Less Than 12 Months Fair Value	1,304	6,741
Available for sale, Less Than 12 Months Unrealized Losses	9	167
Available for sale, Over 12 Months Fair Value	1,044
Available for sale, Over 12 Months Unrealized Losses	34
Available for sale, Fair Value	2,348	6,741
Available for sale, Unrealized Losses	43	167
Mutual Funds [Member]
Held to maturity, Less Than 12 Months Unrealized Losses		1
Held to maturity, Over 12 Months Unrealized Losses	1
Held to maturity, Unrealized Losses	1	1
Available for sale, Less Than 12 Months Fair Value		616
Available for sale, Less Than 12 Months Unrealized Losses		12
Available for sale, Over 12 Months Fair Value	617
Available for sale, Over 12 Months Unrealized Losses	12
Available for sale, Fair Value	617	616
Available for sale, Unrealized Losses	$ 12	$ 12

INVESTMENT SECURITIES (Detail67

INVESTMENT SECURITIES (Details 3) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Investment Securities Details 3
Gross proceeds	$ 169,146	$ 124,823	$ 39,022
Gross realized gains	558	1,261	423
Gross realized losses	1,660	45	$ 20
Securities pledged against deposits	$ 143,300	$ 237,100

INVESTMENT SECURITIES (Detail68

INVESTMENT SECURITIES (Details 4) $ in Thousands	Dec. 31, 2017USD ($)
Investment Securities Details 3
Available for sale, Less than 1 year, Amortized Cost	$ 1,630
Available for sale, Over 1 year through 5 years, Amortized Cost	4,738
Available for sale, After 5 years through 10 years, Amortized Cost	28,113
Available for sale, Over 10 years, Amortized Cost	104,407
Available for sale, Before Amortized Cost Available for sale, Mortgage-backed securities, Amortized Cost	138,888
Available for sale, Mortgage-backed securities, Amortized Cost	204,579
Available for sale, Total, Amortized Cost	343,467
Available for Sale, Less than 1 year, Fair Value	1,615
Available for Sale, Over 1 year through 5 years, Fair Value	4,766
Available for Sale, After 5 years through 10 years, Fair Value	28,458
Available for Sale, Over 10 years, Fair Value	104,989
Available for sale, Before Amortized Cost Available for sale, Mortgage-backed securities, Fair Value	139,828
Available for Sale, Mortgage-backed securities, Fair Value	203,035
Available for Sale, Total, Fair Value	$ 342,863

LOANS RECEIVABLE (Details)

LOANS RECEIVABLE (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	$ 1,008,903	$ 746,686
Less: Net deferred loan fees	(1,431)	(923)
Fair value discount	2,012	857	$ 72
Unamortized premium	389	557
Unamortized discount	(710)	(1,366)
Loans receivable, net	1,005,139	744,361
One To Four Family Residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	304,107	278,437
Loans receivable, net	302,984	276,938
Commercial Real Estate Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	453,725	292,879
Loans receivable, net	451,029	292,103
Home Equity Line of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	49,877	50,334
Loans receivable, net	49,961	50,400
Residential Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	37,108	18,531
Loans receivable, net	37,144	18,439
Other Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	101,447	60,605
Loans receivable, net	101,168	60,126
Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	946,264	700,786
Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	56,939	41,306
Loans receivable, net	57,076	41,703
Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	5,700	4,594
Loans receivable, net	5,777	4,652
Commercial and Consumer Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	$ 62,639	$ 45,900

LOANS RECEIVABLE (Detail Narrat

LOANS RECEIVABLE (Detail Narrative) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Restructuring of loan	$ 10,760	$ 12,664
Federal Reserve Bank Advances [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans pledged as collateral to secure funding amount	108,300	89,100
Federal Home Loan Bank of Atlanta [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans pledged as collateral to secure funding amount	$ 231,800	$ 144,300

LOANS RECEIVABLE (Details 2)

LOANS RECEIVABLE (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Discount on purchased loans, beginning of period	$ 923
Discount on purchased loans, end of period	1,431	$ 923
Fair value discount, beginning of year	857	72
Additional discount for acquisitions	2,479	960	72
Accretion	(1,324)	(175)
Discount on purchased loans, end of period	2,012	857	72
Federal Deposit Insurance Corporation [Member]
Discount on purchased loans, beginning of period	1,150	1,366	1,487
Additional discount for new purchases			485
Accretion	(440)	(216)	(311)
Discount applied to charge-offs			(295)
Discount on purchased loans, end of period	$ 710	$ 1,150	$ 1,366

LOANS RECEIVABLE (Details 3)

LOANS RECEIVABLE (Details 3) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Loans Receivable Details 3
Balance at beginning of year	$ 8,222	$ 8,930
New loans	428	51
Repayments	(536)	(759)
Balance at end of year	$ 8,114	$ 8,222

ALLOWANCE FOR LOAN LOSSES (Deta

ALLOWANCE FOR LOAN LOSSES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	$ 9,305	$ 9,461	$ 11,072
Provision	1,897	274	(1,500)
Charge-offs	(971)	(1,546)	(1,322)
Recoveries	656	1,116	1,211
Balance, end of period	10,887	9,305	9,461
One To Four Family Residential [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	2,812	2,455	2,983
Provision	1,181	413	(251)
Charge-offs	(93)	(133)	(536)
Recoveries	118	77	259
Balance, end of period	4,018	2,812	2,455
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	3,979	3,221	2,717
Provision	503	1,016	388
Charge-offs	(193)	(431)	(52)
Recoveries	75	173	168
Balance, end of period	4,364	3,979	3,221
Home Equity Line of Credit [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	677	1,097	1,333
Provision	201	(486)	200
Charge-offs	(268)	(158)	(540)
Recoveries	6	224	104
Balance, end of period	616	677	1,097
Residential Construction [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	185	278	510
Provision	118	(125)	(235)
Charge-offs
Recoveries		32	3
Balance, end of period	303	185	278
Other Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	848	1,400	2,936
Provision	318	(122)	(1,741)
Charge-offs	(289)	(560)	(137)
Recoveries	148	130	342
Balance, end of period	1,025	848	1,400
Commercial Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	599	603	308
Provision	(53)	(85)	272
Charge-offs	(68)	(63)	(9)
Recoveries	25	144	32
Balance, end of period	503	599	603
Consumer Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	205	407	285
Provision	(371)	(337)	(133)
Charge-offs	(60)	(201)	(48)
Recoveries	284	336	303
Balance, end of period	$ 58	$ 205	$ 407

ALLOWANCE FOR LOAN LOSSES (De74

ALLOWANCE FOR LOAN LOSSES (Details 2) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Allowance for loan losses
Individually evaluated for impairment	$ 322	$ 584
Collectively evaluated for impairment	10,565	8,721
Balance, end of period	10,887	9,305	$ 9,461	$ 11,072
Loans Receivable
Individually evaluated for impairment	11,634	13,671
Collectively evaluated for impairment	993,505	730,690
Total Loans Receivable	1,005,139	744,361
One To Four Family Residential [Member]
Allowance for loan losses
Individually evaluated for impairment	185	201
Collectively evaluated for impairment	3,833	2,611
Balance, end of period	4,018	2,812	2,455	2,983
Loans Receivable
Individually evaluated for impairment	3,873	3,769
Collectively evaluated for impairment	299,111	273,169
Total Loans Receivable	302,984	276,938
Commercial Real Estate Portfolio Segment [Member]
Allowance for loan losses
Individually evaluated for impairment	56	178
Collectively evaluated for impairment	4,308	3,801
Balance, end of period	4,364	3,979	3,221	2,717
Loans Receivable
Individually evaluated for impairment	5,714	7,601
Collectively evaluated for impairment	445,315	284,502
Total Loans Receivable	451,029	292,103
Home Equity Line of Credit [Member]
Allowance for loan losses
Individually evaluated for impairment		2
Collectively evaluated for impairment	616	675
Balance, end of period	616	677	1,097	1,333
Loans Receivable
Individually evaluated for impairment	313	313
Collectively evaluated for impairment	49,648	50,087
Total Loans Receivable	49,961	50,400
Residential Construction [Member]
Allowance for loan losses
Individually evaluated for impairment
Collectively evaluated for impairment	303	185
Balance, end of period	303	185	278	510
Loans Receivable
Individually evaluated for impairment
Collectively evaluated for impairment	37,144	18,439
Total Loans Receivable	37,144	18,439
Other Portfolio Segment [Member]
Allowance for loan losses
Individually evaluated for impairment	66	175
Collectively evaluated for impairment	959	673
Balance, end of period	1,025	848	1,400	2,936
Loans Receivable
Individually evaluated for impairment	1,443	1,682
Collectively evaluated for impairment	99,725	58,444
Total Loans Receivable	101,168	60,126
Commercial Portfolio Segment [Member]
Allowance for loan losses
Individually evaluated for impairment	15	28
Collectively evaluated for impairment	488	571
Balance, end of period	503	599	603	308
Loans Receivable
Individually evaluated for impairment	291	306
Collectively evaluated for impairment	56,785	41,397
Total Loans Receivable	57,076	41,703
Consumer Portfolio Segment [Member]
Allowance for loan losses
Individually evaluated for impairment
Collectively evaluated for impairment	58	205
Balance, end of period	58	205	$ 407	$ 285
Loans Receivable
Individually evaluated for impairment
Collectively evaluated for impairment	5,777	4,652
Total Loans Receivable	$ 5,777	$ 4,652

ALLOWANCE FOR LOAN LOSSES (De75

ALLOWANCE FOR LOAN LOSSES (Details 3) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Loans Reported amount	$ 1,005,139	$ 744,361
One To Four Family Residential [Member]
Loans Reported amount	302,984	276,938
Commercial Portfolio Segment [Member]
Loans Reported amount	57,076	41,703
Home Equity Line of Credit [Member]
Loans Reported amount	49,961	50,400
Residential Construction [Member]
Loans Reported amount	37,144	18,439
Other Portfolio Segment [Member]
Loans Reported amount	101,168	60,126
Commercial Real Estate Portfolio Segment [Member]
Loans Reported amount	451,029	292,103
Consumer Portfolio Segment [Member]
Loans Reported amount	5,777	4,652
Graded Loan [Member]
Loans Reported amount	796,077	524,688
Graded Loan [Member] | One To Four Family Residential [Member]
Loans Reported amount	162,065	133,827
Graded Loan [Member] | Commercial Portfolio Segment [Member]
Loans Reported amount	57,035	38,676
Graded Loan [Member] | Home Equity Line of Credit [Member]
Loans Reported amount	10,156	8,653
Graded Loan [Member] | Residential Construction [Member]
Loans Reported amount	26,667	13,863
Graded Loan [Member] | Other Portfolio Segment [Member]
Loans Reported amount	88,462
Graded Loan [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans Reported amount	450,773	283,568
Graded Loan [Member] | Consumer Portfolio Segment [Member]
Loans Reported amount	919	375
Graded Loan [Member] | Loan Grade One [Member]
Loans Reported amount	10,762	10,634
Graded Loan [Member] | Loan Grade One [Member] | One To Four Family Residential [Member]
Loans Reported amount
Graded Loan [Member] | Loan Grade One [Member] | Commercial Portfolio Segment [Member]
Loans Reported amount	1,665	431
Graded Loan [Member] | Loan Grade One [Member] | Home Equity Line of Credit [Member]
Loans Reported amount
Graded Loan [Member] | Loan Grade One [Member] | Residential Construction [Member]
Loans Reported amount
Graded Loan [Member] | Loan Grade One [Member] | Other Portfolio Segment [Member]
Loans Reported amount
Graded Loan [Member] | Loan Grade One [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans Reported amount	9,086	10,203
Graded Loan [Member] | Loan Grade One [Member] | Consumer Portfolio Segment [Member]
Loans Reported amount	11
Graded Loan [Member] | Loan Grade Two [Member]
Loans Reported amount	15,700	5,752
Graded Loan [Member] | Loan Grade Two [Member] | One To Four Family Residential [Member]
Loans Reported amount	1,164
Graded Loan [Member] | Loan Grade Two [Member] | Commercial Portfolio Segment [Member]
Loans Reported amount	1,272	1,465
Graded Loan [Member] | Loan Grade Two [Member] | Home Equity Line of Credit [Member]
Loans Reported amount
Graded Loan [Member] | Loan Grade Two [Member] | Residential Construction [Member]
Loans Reported amount
Graded Loan [Member] | Loan Grade Two [Member] | Other Portfolio Segment [Member]
Loans Reported amount	904	2,164
Graded Loan [Member] | Loan Grade Two [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans Reported amount	12,360	4,287
Graded Loan [Member] | Loan Grade Two [Member] | Consumer Portfolio Segment [Member]
Loans Reported amount
Graded Loan [Member] | Loan Grade Three [Member]
Loans Reported amount	150,353	59,968
Graded Loan [Member] | Loan Grade Three [Member] | One To Four Family Residential [Member]
Loans Reported amount	34,593	27,975
Graded Loan [Member] | Loan Grade Three [Member] | Commercial Portfolio Segment [Member]
Loans Reported amount	15,117	2,803
Graded Loan [Member] | Loan Grade Three [Member] | Home Equity Line of Credit [Member]
Loans Reported amount	5,312	1,814
Graded Loan [Member] | Loan Grade Three [Member] | Residential Construction [Member]
Loans Reported amount	7,262	586
Graded Loan [Member] | Loan Grade Three [Member] | Other Portfolio Segment [Member]
Loans Reported amount	9,207	22,293
Graded Loan [Member] | Loan Grade Three [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans Reported amount	78,485	24,626
Graded Loan [Member] | Loan Grade Three [Member] | Consumer Portfolio Segment [Member]
Loans Reported amount	377
Graded Loan [Member] | Loan Grade Four [Member]
Loans Reported amount	451,839	264,398
Graded Loan [Member] | Loan Grade Four [Member] | One To Four Family Residential [Member]
Loans Reported amount	99,816	75,246
Graded Loan [Member] | Loan Grade Four [Member] | Commercial Portfolio Segment [Member]
Loans Reported amount	25,137	21,942
Graded Loan [Member] | Loan Grade Four [Member] | Home Equity Line of Credit [Member]
Loans Reported amount	3,901	3,363
Graded Loan [Member] | Loan Grade Four [Member] | Residential Construction [Member]
Loans Reported amount	16,294	10,646
Graded Loan [Member] | Loan Grade Four [Member] | Other Portfolio Segment [Member]
Loans Reported amount	57,065	17,930
Graded Loan [Member] | Loan Grade Four [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans Reported amount	249,103	130,857
Graded Loan [Member] | Loan Grade Four [Member] | Consumer Portfolio Segment [Member]
Loans Reported amount	523	51
Graded Loan [Member] | Loan Grade Five [Member]
Loans Reported amount	146,316	157,135
Graded Loan [Member] | Loan Grade Five [Member] | One To Four Family Residential [Member]
Loans Reported amount	22,639	26,306
Graded Loan [Member] | Loan Grade Five [Member] | Commercial Portfolio Segment [Member]
Loans Reported amount	13,064	11,344
Graded Loan [Member] | Loan Grade Five [Member] | Home Equity Line of Credit [Member]
Loans Reported amount	943	3,476
Graded Loan [Member] | Loan Grade Five [Member] | Residential Construction [Member]
Loans Reported amount	3,111	2,347
Graded Loan [Member] | Loan Grade Five [Member] | Other Portfolio Segment [Member]
Loans Reported amount	18,806	2,470
Graded Loan [Member] | Loan Grade Five [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans Reported amount	87,745	95,408
Graded Loan [Member] | Loan Grade Five [Member] | Consumer Portfolio Segment [Member]
Loans Reported amount	8	324
Graded Loan [Member] | Loan Grade Six [Member]
Loans Reported amount	12,725	17,112
Graded Loan [Member] | Loan Grade Six [Member] | One To Four Family Residential [Member]
Loans Reported amount	1,741	2,587
Graded Loan [Member] | Loan Grade Six [Member] | Commercial Portfolio Segment [Member]
Loans Reported amount	306	270
Graded Loan [Member] | Loan Grade Six [Member] | Home Equity Line of Credit [Member]
Loans Reported amount
Graded Loan [Member] | Loan Grade Six [Member] | Residential Construction [Member]
Loans Reported amount		284
Graded Loan [Member] | Loan Grade Six [Member] | Other Portfolio Segment [Member]
Loans Reported amount	2,055	869
Graded Loan [Member] | Loan Grade Six [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans Reported amount	8,623	11,501
Graded Loan [Member] | Loan Grade Six [Member] | Consumer Portfolio Segment [Member]
Loans Reported amount
Graded Loan [Member] | Loan Grade Seven [Member]
Loans Reported amount	8,382	9,689
Graded Loan [Member] | Loan Grade Seven [Member] | One To Four Family Residential [Member]
Loans Reported amount	2,112	1,713
Graded Loan [Member] | Loan Grade Seven [Member] | Commercial Portfolio Segment [Member]
Loans Reported amount	474	421
Graded Loan [Member] | Loan Grade Seven [Member] | Home Equity Line of Credit [Member]
Loans Reported amount
Graded Loan [Member] | Loan Grade Seven [Member] | Residential Construction [Member]
Loans Reported amount
Graded Loan [Member] | Loan Grade Seven [Member] | Other Portfolio Segment [Member]
Loans Reported amount	425	45,726
Graded Loan [Member] | Loan Grade Seven [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans Reported amount	5,371	6,686
Graded Loan [Member] | Loan Grade Seven [Member] | Consumer Portfolio Segment [Member]
Loans Reported amount
UnGraded Loan [Member]
Loans Reported amount	209,062	219,673
UnGraded Loan [Member] | One To Four Family Residential [Member]
Loans Reported amount	140,919	143,111
UnGraded Loan [Member] | Commercial Portfolio Segment [Member]
Loans Reported amount	41	3,027
UnGraded Loan [Member] | Home Equity Line of Credit [Member]
Loans Reported amount	39,805	41,747
UnGraded Loan [Member] | Residential Construction [Member]
Loans Reported amount	10,477	4,576
UnGraded Loan [Member] | Other Portfolio Segment [Member]
Loans Reported amount	12,706	14,400
UnGraded Loan [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans Reported amount	256	8,535
UnGraded Loan [Member] | Consumer Portfolio Segment [Member]
Loans Reported amount	4,858	4,277
UnGraded Loan [Member] | Nonperforming Financing Receivable [Member]
Loans Reported amount	1,121	1,437
UnGraded Loan [Member] | Nonperforming Financing Receivable [Member] | One To Four Family Residential [Member]
Loans Reported amount	906	889
UnGraded Loan [Member] | Nonperforming Financing Receivable [Member] | Commercial Portfolio Segment [Member]
Loans Reported amount
UnGraded Loan [Member] | Nonperforming Financing Receivable [Member] | Home Equity Line of Credit [Member]
Loans Reported amount	120	250
UnGraded Loan [Member] | Nonperforming Financing Receivable [Member] | Residential Construction [Member]
Loans Reported amount
UnGraded Loan [Member] | Nonperforming Financing Receivable [Member] | Other Portfolio Segment [Member]
Loans Reported amount	83	251
UnGraded Loan [Member] | Nonperforming Financing Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans Reported amount
UnGraded Loan [Member] | Nonperforming Financing Receivable [Member] | Consumer Portfolio Segment [Member]
Loans Reported amount	12	47
UnGraded Loan [Member] | Performing Financing Receivable [Member]
Loans Reported amount	207,941	218,236
UnGraded Loan [Member] | Performing Financing Receivable [Member] | One To Four Family Residential [Member]
Loans Reported amount	140,013	142,222
UnGraded Loan [Member] | Performing Financing Receivable [Member] | Commercial Portfolio Segment [Member]
Loans Reported amount	41	3,027
UnGraded Loan [Member] | Performing Financing Receivable [Member] | Home Equity Line of Credit [Member]
Loans Reported amount	39,685	41,497
UnGraded Loan [Member] | Performing Financing Receivable [Member] | Residential Construction [Member]
Loans Reported amount	10,477	4,576
UnGraded Loan [Member] | Performing Financing Receivable [Member] | Other Portfolio Segment [Member]
Loans Reported amount	12,623	14,149
UnGraded Loan [Member] | Performing Financing Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans Reported amount	256	8,535
UnGraded Loan [Member] | Performing Financing Receivable [Member] | Consumer Portfolio Segment [Member]
Loans Reported amount	$ 4,846	$ 4,230

ALLOWANCE FOR LOAN LOSSES (De76

ALLOWANCE FOR LOAN LOSSES (Details 4) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	$ 9,069	$ 7,503
60-89 Days Past	973	2,953
90 Days and Over Past Due	1,563	3,090
Total Past Due	11,605	13,546
Current	993,534	730,815
Total Loans Receivable	1,005,139	744,361
One To Four Family Residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	3,941	4,917
60-89 Days Past	591	1,108
90 Days and Over Past Due	562	427
Total Past Due	5,094	6,452
Current	297,890	270,486
Total Loans Receivable	302,984	276,938
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	2,093	1,382
60-89 Days Past	308	1,800
90 Days and Over Past Due	683	1,638
Total Past Due	3,084	4,820
Current	447,945	287,283
Total Loans Receivable	451,029	292,103
Home Equity Line of Credit [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	308	126
60-89 Days Past	27	44
90 Days and Over Past Due	120	231
Total Past Due	455	401
Current	49,506	49,999
Total Loans Receivable	49,961	50,400
Residential Construction [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	501	180
60-89 Days Past
90 Days and Over Past Due
Total Past Due	501	180
Current	36,643	18,259
Total Loans Receivable	37,144	18,439
Other Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	1,711	468
60-89 Days Past	21
90 Days and Over Past Due	93	794
Total Past Due	1,825	1,262
Current	99,343	58,864
Total Loans Receivable	101,168	60,126
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	488	368
60-89 Days Past	1
90 Days and Over Past Due	95
Total Past Due	584	368
Current	56,492	41,335
Total Loans Receivable	57,076	41,703
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	27	62
60-89 Days Past	25	1
90 Days and Over Past Due	10
Total Past Due	62	63
Current	5,715	4,589
Total Loans Receivable	$ 5,777	$ 4,652

ALLOWANCE FOR LOAN LOSSES (De77

ALLOWANCE FOR LOAN LOSSES (Details 5) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Financing Receivable, Impaired [Line Items]
Recorded Balance, without a valuation allowance	$ 7,200	$ 9,135
Unpaid Principal Balance, without a valuation allowance	9,601	11,672
Recorded Balance, Recorded Balance, with a valuation allowance	4,434	4,536
Unpaid Principal Balance, with a valuation allowance	4,434	4,536
Recorded Balance	11,634	13,671
Unpaid Principal Balance	14,035	16,208
Specific Allowance	322	584
One To Four Family Residential [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance, without a valuation allowance	2,266	2,625
Unpaid Principal Balance, without a valuation allowance	2,376	2,723
Recorded Balance, Recorded Balance, with a valuation allowance	1,607	1,144
Unpaid Principal Balance, with a valuation allowance	1,607	1,144
Recorded Balance	3,873	3,769
Unpaid Principal Balance	3,983	3,867
Specific Allowance	185	201
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance, without a valuation allowance	4,050	5,526
Unpaid Principal Balance, without a valuation allowance	6,119	7,710
Recorded Balance, Recorded Balance, with a valuation allowance	1,664	2,075
Unpaid Principal Balance, with a valuation allowance	1,664	2,075
Recorded Balance	5,714	7,601
Unpaid Principal Balance	7,783	9,785
Specific Allowance	56	178
Home Equity Line of Credit [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance, without a valuation allowance	313	213
Unpaid Principal Balance, without a valuation allowance	428	328
Recorded Balance, Recorded Balance, with a valuation allowance		100
Unpaid Principal Balance, with a valuation allowance		100
Recorded Balance	313	313
Unpaid Principal Balance	428	428
Specific Allowance		2
Other Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance, without a valuation allowance	571	771
Unpaid Principal Balance, without a valuation allowance	678	911
Recorded Balance, Recorded Balance, with a valuation allowance	872	911
Unpaid Principal Balance, with a valuation allowance	872	911
Recorded Balance	1,443	1,682
Unpaid Principal Balance	1,550	1,822
Specific Allowance	66	175
Commercial Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance, Recorded Balance, with a valuation allowance	291	306
Unpaid Principal Balance, with a valuation allowance	291	306
Recorded Balance	291	306
Unpaid Principal Balance	291	306
Specific Allowance	$ 15	$ 28

ALLOWANCE FOR LOAN LOSSES (De78

ALLOWANCE FOR LOAN LOSSES (Details 6) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Average Investment in Impaired Loans, without a valuation allowance	$ 9,717	$ 11,843	$ 14,952
Interest Income Recognized, without a valuation allowance	319	270	512
Average Investment in Impaired Loans, Interest Income Recognized, with a valuation allowance	4,534	4,699	5,789
Interest Income Recognized, with a valuation allowance	221	190	230
Average Investment in Impaired Loans	14,251	16,542	20,741
Interest Income Recognized	540	460	742
One To Four Family Residential [Member]
Average Investment in Impaired Loans, without a valuation allowance	2,415	2,758	6,072
Interest Income Recognized, without a valuation allowance	116	117	174
Average Investment in Impaired Loans, Interest Income Recognized, with a valuation allowance	1,642	1,162	2,056
Interest Income Recognized, with a valuation allowance	75	48	88
Average Investment in Impaired Loans	4,057	3,920	8,128
Interest Income Recognized	191	165	262
Commercial Real Estate Portfolio Segment [Member]
Average Investment in Impaired Loans, without a valuation allowance	6,188	7,999	7,834
Interest Income Recognized, without a valuation allowance	128	299	116
Average Investment in Impaired Loans, Interest Income Recognized, with a valuation allowance	1,685	1,808	2,098
Interest Income Recognized, with a valuation allowance	87	82	82
Average Investment in Impaired Loans	7,873	9,807	9,932
Interest Income Recognized	215	381	198
Home Equity Line of Credit [Member]
Average Investment in Impaired Loans, without a valuation allowance	428	328	213
Interest Income Recognized, without a valuation allowance	55	10	9
Average Investment in Impaired Loans, Interest Income Recognized, with a valuation allowance		100	100
Interest Income Recognized, with a valuation allowance		4	4
Average Investment in Impaired Loans	428	428	313
Interest Income Recognized	55	14	13
Other Portfolio Segment [Member]
Average Investment in Impaired Loans, without a valuation allowance	686	923	668
Interest Income Recognized, without a valuation allowance	20	27	30
Average Investment in Impaired Loans, Interest Income Recognized, with a valuation allowance	908	1,027	1,502
Interest Income Recognized, with a valuation allowance	38	37	37
Average Investment in Impaired Loans	1,594	1,950	2,170
Interest Income Recognized	58	64	67
Commercial Portfolio Segment [Member]
Average Investment in Impaired Loans, Interest Income Recognized, with a valuation allowance	299	312	323
Interest Income Recognized, with a valuation allowance	21	19	19
Average Investment in Impaired Loans	299	312	323
Interest Income Recognized	$ 21	$ 19	$ 19

ALLOWANCE FOR LOAN LOSSES (De79

ALLOWANCE FOR LOAN LOSSES (Details 7) - Nonperforming Financing Receivable [Member] - Loans [Member] - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Non Performing Loan Receivables and Other Assets [Line Items]
Finance receivable, non-accrual	$ 4,778	$ 6,041
One To Four Family Residential [Member]
Non Performing Loan Receivables and Other Assets [Line Items]
Finance receivable, non-accrual	1,421	1,125
Commercial Real Estate Portfolio Segment [Member]
Non Performing Loan Receivables and Other Assets [Line Items]
Finance receivable, non-accrual	2,666	3,536
Home Equity Line of Credit [Member]
Non Performing Loan Receivables and Other Assets [Line Items]
Finance receivable, non-accrual	120	250
Other Portfolio Segment [Member]
Non Performing Loan Receivables and Other Assets [Line Items]
Finance receivable, non-accrual	464	1,042
Commercial Portfolio Segment [Member]
Non Performing Loan Receivables and Other Assets [Line Items]
Finance receivable, non-accrual	95	41
Consumer Portfolio Segment [Member]
Non Performing Loan Receivables and Other Assets [Line Items]
Finance receivable, non-accrual	$ 12	$ 47

ALLOWANCE FOR LOAN LOSSES (De80

ALLOWANCE FOR LOAN LOSSES (Details 8) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Financing Receivable, Modifications [Line Items]
TDR loans	$ 10,760	$ 12,664
Performing Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	8,952	9,882
Nonperforming Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	1,808	2,782
One To Four Family Residential [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	3,452	3,770
One To Four Family Residential [Member] | Performing Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	3,452	3,560
One To Four Family Residential [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
TDR loans		210
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	5,243	6,693
Commercial Real Estate Portfolio Segment [Member] | Performing Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	3,805	4,327
Commercial Real Estate Portfolio Segment [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	1,438	2,366
Home Equity Line of Credit [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	313	313
Home Equity Line of Credit [Member] | Performing Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	313	313
Home Equity Line of Credit [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
TDR loans
Other Portfolio Segment [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	1,461	1,583
Other Portfolio Segment [Member] | Performing Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	1,091	1,377
Other Portfolio Segment [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	370	206
Commercial Portfolio Segment [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	291	305
Commercial Portfolio Segment [Member] | Performing Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	291	305
Commercial Portfolio Segment [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
TDR loans

ALLOWANCE FOR LOAN LOSSES (De81

ALLOWANCE FOR LOAN LOSSES (Details 9) - Extended Payment Term [Member] $ in Thousands	12 Months Ended
	Dec. 31, 2017USD ($)LoansModifications
Number of Loans | LoansModifications	1
Pre-modification Outstanding Recorded Investment	$ 242
Post-modification Outstanding Recorded Investment	$ 166
Commercial Real Estate Portfolio Segment [Member]
Number of Loans | LoansModifications	1
Pre-modification Outstanding Recorded Investment	$ 242
Post-modification Outstanding Recorded Investment	$ 166

CONCENTRATIONS OF CREDIT RISK82

CONCENTRATIONS OF CREDIT RISK (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Maximum legal lending limits	$ 22,100	$ 22,200
Percentage of Total Loan	1.00%	100.00%
One To Four Family Residential [Member]
Percentage of Total Loan	30.10%	37.30%
Commercial Real Estate Portfolio Segment [Member]
Percentage of Total Loan	45.00%	39.20%
Home Equity Line of Credit [Member]
Percentage of Total Loan	4.90%	6.70%
Residential Construction [Member]
Percentage of Total Loan	3.70%	2.50%
Other Portfolio Segment [Member]
Percentage of Total Loan	10.10%	8.10%
Commercial Portfolio Segment [Member]
Percentage of Total Loan	5.60%	5.50%
Consumer Portfolio Segment [Member]
Percentage of Total Loan	0.60%	0.07%

FIXED ASSETS (Details)

FIXED ASSETS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Total premises and equipment	$ 41,325	$ 36,326
Less: Accumulated depreciation	(17,212)	(16,117)
Premises and equipment, net	24,113	20,209
Depreciation and leasehold amortization expense	1,400	1,200	$ 1,000
Land [Member]
Total premises and equipment	10,054	9,201
Building [Member]
Total premises and equipment	22,452	18,696
Furniture and Fixtures [Member]
Total premises and equipment	8,767	8,429
Construction in Progress [Member]
Total premises and equipment	$ 52

FIXED ASSETS (Details 2)

FIXED ASSETS (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Fixed Assets Details 2
2,018	$ 168
2,019	143
2,020	69
2,021	53
2,022	18
Total minimum lease commitments	451
Rental Expense	$ 200	$ 100	$ 100

REAL ESTATE OWNED (Details)

REAL ESTATE OWNED (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Real Estate Owned Details
Real estate owned, gross	$ 3,585	$ 5,650
Less: Valuation allowance	1,017	1,424	$ 1,372	$ 1,760
Real estate owned, net	$ 2,568	$ 4,226

REAL ESTATE OWNED (Details 2)

REAL ESTATE OWNED (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Real Estate Owned Valuation Allowance [Roll Forward]
Valuation allowance, beginning	$ 1,424	$ 1,372	$ 1,760
Provision charged to expense	292	655	171
Reduction due to disposal	(699)	(603)	(599)
Valuation allowance, ending	1,017	1,424	$ 1,372
Real estate acquired through foreclosure	3,585	$ 5,650
Residential Real Estate [Member]
Real Estate Owned Valuation Allowance [Roll Forward]
Real estate acquired through foreclosure	500
Other real estate	$ 300

BANK OWNED LIFE INSURANCE (BO87

BANK OWNED LIFE INSURANCE (BOLI) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Bank Owned Life Insurance Boli Details
Separate account	$ 2,504	$ 12,548
General account	18,491	17,944
Hybrid	11,155	855
Bank owned life insurance	$ 32,150	$ 31,347

LOAN SERVICING (Details)

LOAN SERVICING (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Loan Servicing Details
Unpaid principal balance of mortgage loans serviced for others	$ 276,782	$ 264,264	$ 251,492

LOAN SERVICING (Details 2)

LOAN SERVICING (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Loan Servicing Details 2
Loan servicing rights, beginning of period	$ 2,603	$ 2,344	$ 2,187
Capitalization from loans sold	618	604	544
Fair value adjustment	(465)	(345)	(387)
Loan servicing rights, end of period	2,756	2,603	$ 2,344
Escrow deposits	$ 500	$ 400

GOODWILL AND OTHER INTANGIBLE90

GOODWILL AND OTHER INTANGIBLE ASSETS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Balance at beginning of period	$ 2,065	$ 711
Prior acquisitions measurement period adjustments	63
Goodwill from current year acquisitions	21,775	1,354
Balance at end of period	$ 23,903	$ 2,065

GOODWILL AND OTHER INTANGIBLE91

GOODWILL AND OTHER INTANGIBLE ASSETS (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Gross carrying amount at beginning of period	$ 1,120	$ 590
Additions from acquisitions during the period	3,720	530
Gross balance at end of period	4,840	1,120
Accumulated amortization	(571)	(141)
Finite Lived Core Deposits Net	4,269	$ 979
Amortization expense	$ 700

DERIVATIVE FINANCIAL INSTRUME92

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Interest rate swap	$ (23)	$ (5,456)	$ (1,736)	$ (2,269)
Interest Expense	7,684	6,032	$ 5,723
Reclassification out of Accumulated Other Comprehensive Income [Member]
Interest Expense	(14)	32
Cash Flow Hedge [Member]
Interest rate swap	432	300
Designated as Hedging Instrument [Member]
Asset derivatives, Fair value	561	476
Designated as Hedging Instrument [Member] | Interest rate swaps [Member]
Asset derivatives, Fair value	561	476
Not Designated as Hedging Instrument [Member]
Asset derivatives, Fair value	73	60
Not Designated as Hedging Instrument [Member] | Mortgage banking - loan commitment [Member]
Asset derivatives, Fair value	45	41
Not Designated as Hedging Instrument [Member] | Mortgage loan forward sales commitments [Member]
Asset derivatives, Fair value	$ 28	$ 19

DERIVATIVE FINANCIAL INSTRUME93

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Details 2) $ in Thousands	12 Months Ended
	Dec. 31, 2017USD ($)
Junior Subordinated Debt [Member]
Notional Amount	$ 14
Fixed Interest Rate	0.958%
Underlying Rate	3 month LIBOR
Life of Swap Contract	4 years
FHLB Variable Rate Advance [Member]
Notional Amount	$ 15
Fixed Interest Rate	1.054%
Underlying Rate	3 month LIBOR
Life of Swap Contract	2 years
FHLB Variable Rate Advance 1 [Member]
Notional Amount	$ 21
Fixed Interest Rate	1.354%
Underlying Rate	3 month LIBOR
Life of Swap Contract	2 years

DEPOSITS (Details)

DEPOSITS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Deposits By Type [Line Items]
Balance	$ 1,162,177	$ 830,013	$ 716,617
Interest Expense	4,474	3,964	4,334
Noninterest-bearing demand [Member]
Deposits By Type [Line Items]
Balance	179,457	139,136	121,062
Interest Expense
Interest-bearing Deposits [Member]
Deposits By Type [Line Items]
Balance	226,718	122,271	103,198
Interest Expense	228	160	136
Money Market Funds [Member]
Deposits By Type [Line Items]
Balance	308,767	239,387	180,377
Interest Expense	1,022	770	558
Savings Deposits [Member]
Deposits By Type [Line Items]
Balance	50,500	40,014	35,838
Interest Expense	53	49	33
Time deposit [Member]
Deposits By Type [Line Items]
Balance	396,735	289,205	276,142
Interest Expense	$ 3,171	$ 2,985	$ 3,607

DEPOSITS (Details 2)

DEPOSITS (Details 2) $ in Thousands	Dec. 31, 2017USD ($)
Deposits Details 2
2,018	$ 218,382
2,019	66,023
2,020	47,942
2,021	34,469
2,022	16,081
Thereafter	13,838
Deposits	$ 396,735

DEPOSITS (Details 3)

DEPOSITS (Details 3) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Deposits Details 3
Time deposit premium, beginning of period	$ 420	$ 30
Additional premium for acquisitions	1,534	648	30
Accretion	(852)	(258)
Time deposit premium, end of period	$ 1,102	$ 420	$ 30

DEPOSITS (Details Narrative)

DEPOSITS (Details Narrative) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Deposits Details 3
Time Deposits, $250,000 or More	$ 55,800	$ 46,900
Brokered Deposits	30,800	14,800
Deposits from Related Parties	$ 1,600	$ 2,200

BORROWINGS (Details)

BORROWINGS (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Balance	$ 223,500	$ 298,500
Rate	1.48%	0.68%
Maturity 01/03/2017 [Member]
Balance		$ 5,000
Type		Fixed
Rate		0.58%
Maturity 01/03/2017 [Member]
Balance		$ 5,000
Type		Fixed
Rate		0.44%
Maturity 01/05/2017 [Member]
Balance		$ 50,000
Type		Fixed
Rate		0.49%
Maturity 01/15/2017 [Member]
Balance		$ 30,000
Type		Fixed
Rate		0.64%
Maturity 01/17/2017 [Member]
Balance		$ 15,000
Type		Fixed
Rate		0.63%
Maturity 01/23/2017 [Member]
Balance		$ 25,000
Type		Fixed
Rate		0.64%
Maturity 02/07/2017 [Member]
Balance		$ 20,000
Type		Fixed
Rate		0.56%
Maturity 03/28/2017 [Member]
Balance		$ 5,000
Type		Fixed
Rate		0.58%
Maturity 03/29/2017 [Member]
Balance		$ 15,000
Type		Floating
Rate		0.56%
Maturity 03/31/2017 [Member]
Balance		$ 5,000
Type		Fixed
Rate		0.80%
Maturity 04/03/2017 [Member]
Balance		$ 5,000
Type		Fixed
Rate		0.60%
Maturity 04/06/2017 [Member]
Balance		$ 10,000
Type		Fixed
Rate		0.60%
Maturity 05/11/2017 [Member]
Balance		$ 1,000
Type		Fixed
Rate		0.87%
Maturity 05/23/2017 [Member]
Balance		$ 20,500
Type		Floating
Rate		0.73%
Maturity 06/06/2017 [Member]
Balance		$ 5,000
Type		Fixed
Rate		0.82%
Maturity 06/12/2017 [Member]
Balance		$ 2,000
Type		Fixed
Rate		1.02%
Maturity 06/30/2017 [Member]
Balance		$ 5,000
Type		Fixed
Rate		0.76%
Maturity 08/07/2017 [Member]
Balance		$ 25,000
Type		Fixed
Rate		0.77%
Maturity 09/28/2017 [Member]
Balance		$ 10,000
Type		Fixed
Rate		0.82%
Maturity 12/29/2017 [Member]
Balance		$ 10,000
Type		Fixed
Rate		0.77%
Maturity 12/30/2017 [Member]
Balance		$ 5,000
Type		Fixed
Rate		0.78%
Maturity 06/05/2018 [Member]
Balance	$ 5,000	$ 5,000
Type	Fixed	Fixed
Rate	1.26%	1.26%
Maturity 06/29/2018 [Member]
Balance	$ 10,000	$ 10,000
Type	Fixed	Fixed
Rate	0.84%	0.84%
Maturity 07/01/2018 [Member]
Balance		$ 5,000
Type		Fixed
Rate		1.40%
Maturity 12/31/2018 [Member]
Balance	$ 5,000	$ 5,000
Type	Fixed	Fixed
Rate	1.51%	1.51%
Maturity 01/05/2018 [Member]
Balance	$ 5,000
Type	Fixed
Rate	1.29%
Maturity 02/08/2018 [Member]
Balance	$ 20,000
Type	Fixed
Rate	1.37%
Maturity 05/24/2018 [Member]
Balance	$ 20,500
Type	Floating
Rate	1.48%
Maturity 03/29/2018 [Member]
Balance	$ 15,000
Type	Floating
Rate	1.60%
Maturity 04/02/2018 [Member]
Balance	$ 5,000
Type	Fixed
Rate	1.29%
Maturity 04/16/2018 [Member]
Balance	$ 20,000
Type	Fixed
Rate	1.37%
Maturity 05/07/2018 [Member]
Balance	$ 25,000
Type	Fixed
Rate	1.36%
Maturity 05/24/2018 [Member]
Balance	$ 50,000
Type	Fixed
Rate	1.59%
Maturity 06/06/2018 [Member]
Balance	$ 5,000
Type	Fixed
Rate	1.39%
Maturity 07/02/2018 [Member]
Balance	$ 5,000
Type	Fixed
Rate	1.40%
Maturity 07/02/2018 [Member]
Balance	$ 5,000
Type	Fixed
Rate	1.38%
Maturity 09/28/2018 [Member]
Balance	$ 10,000
Type	Fixed
Rate	1.52%
Maturity 05/13/2019 [Member]
Balance	$ 1,000
Type	Fixed
Rate	1.62%
Maturity 06/12/2019 [Member]
Balance	$ 2,000
Type	Fixed
Rate	1.53%
Maturity 12/30/2019 [Member]
Balance	$ 10,000
Type	Fixed
Rate	2.12%
Maturity 12/30/2019 [Member]
Balance	$ 5,000
Type	Fixed
Rate	2.12%

BORROWINGS (Details 2)

BORROWINGS (Details 2) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Federal Home Loan Bank, Advances [Abstract]
2,018	$ 205,500
2,019	18,000
Total	$ 223,500	$ 298,500
Federal Home Loan Bank, Advances, Weighted Average Rate [Abstract]
2,018	1.43%
2,019	2.02%
Total	1.48%	0.68%
Federal Reserve Bank Advances [Member]
Federal Home Loan Bank, Advances, Weighted Average Rate [Abstract]
Borrowing Capacity with the Federal Reserve Discount Window	$ 48,300	$ 48,900

JUNIOR SUBORDINATED DEBT (Detai

JUNIOR SUBORDINATED DEBT (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Junior subordinated notes	$ 14,433	$ 14,433
Junior Subordinated Debt [Member]
Debt Instrument [Line Items]
Junior subordinated notes	$ 14,433
Debt instrument, interest rate	3.76%	3.76%
Debt instrument, maturity date	Mar. 30, 2034
Debt redemption price percentage	100.00%
Junior Subordinated Debt [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate	2.80%

EMPLOYEE BENEFIT PLANS (Details

EMPLOYEE BENEFIT PLANS (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Employee Benefit Plans Details Narrative
Defined Contribution Plan, Contributions by Employer	$ 600	$ 500	$ 400

POST-EMPLOYMENT BENEFITS (Detai

POST-EMPLOYMENT BENEFITS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Defined Benefit Plan, Liabilities	$ 10,174	$ 10,211
Expense related to Defined Benefit Plan	600	800	$ 1,400
Supplemental Employee Retirement Plan [Member]
Defined Benefit Plan, Liabilities	4,288	4,417
Cap Equity [Member]
Defined Benefit Plan, Liabilities	4,708	4,718
Director Consultation [Member]
Defined Benefit Plan, Liabilities	246	252
Life Insurance [Member]
Defined Benefit Plan, Liabilities	$ 932	$ 824

SHARE-BASED COMPENSATION (Detai

SHARE-BASED COMPENSATION (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Share-based Compensation Arrangement Options, Outstanding	433,300
Option Exercisable	136,380
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
Weighted Average Exercise Price of Options Outstanding	$ 19.11
Weighted Average Exercise Price of Options Exercisable	$ 18.47
Weighted Avg. Remaining Years Contractual Life (in years)	8 years 2 months 8 days
Restricted Stock [Member]
Maximum number of shares to be awarded under plan	196,391
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Share-based Compensation Arrangement Options, Outstanding	145,580	157,100
Granted	18,600	26,300
Exercised	(33,780)	(30,220)
Forfeited or expired	(5,200)	(7,600)
Share-based Compensation Arrangement Options, Outstanding	125,200	145,580
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
Weighted Average Exercise Price of Options Outstanding	$ 18.36	$ 18.55
Granted	25.76	17.49
Exercised	18.39	18.55
Forfeited, exchanged or expired	18.55	18.55
Weighted Average Exercise Price of Options Outstanding	$ 19.44	$ 18.36
Employee Stock Option [Member]
Maximum number of shares to be awarded under plan	458,246
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Share-based Compensation Arrangement Options, Outstanding	407,200	366,000
Granted	40,900	57,400
Exercised	(3,600)
Forfeited or expired	(11,200)	(16,200)
Share-based Compensation Arrangement Options, Outstanding	433,300	407,200
Option Exercisable	145,480
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
Weighted Average Exercise Price of Options Outstanding	$ 18.41	$ 18.55
Granted	25.92	17.52
Exercised	18.55
Forfeited, exchanged or expired	18.55	18.55
Weighted Average Exercise Price of Options Outstanding	19.11	$ 18.41
Weighted Average Exercise Price of Options Exercisable	$ 18.47
Weighted Avg. Remaining Years Contractual Life (in years)	8 years 2 months 8 days
Aggregate Intrinsic Value of Options Outstanding	$ 4,409

SHARE-BASED COMPENSATION (De104

SHARE-BASED COMPENSATION (Details 2)	12 Months Ended
	Dec. 31, 2017$ / sharesshares
Share-based Compensation Arrangement Options, Outstanding | shares	433,300
Weighted Average Exercise Price of Options Outstanding | $ / shares	$ 19.11
Weighted Avg. Remaining Years Contractual Life (in years)	8 years 2 months 8 days
Option Exercisable | shares	136,380
Weighted Average Exercise Price of Options Exercisable | $ / shares	$ 18.47
Employee Stock Option [Member]
Share-based Compensation Arrangement Options, Outstanding | shares	433,300
Weighted Average Exercise Price of Options Outstanding | $ / shares	$ 19.11
Weighted Avg. Remaining Years Contractual Life (in years)	8 years 2 months 8 days
Option Exercisable | shares	145,480
Weighted Average Exercise Price of Options Exercisable | $ / shares	$ 18.47
Employee Stock Option [Member] | $ 16.00-17.00
Share-based Compensation Arrangement Options, Outstanding | shares	5,000
Weighted Average Exercise Price of Options Outstanding | $ / shares	$ 16.75
Weighted Avg. Remaining Years Contractual Life (in years)	8 years 1 month 20 days
Option Exercisable | shares	1,000
Weighted Average Exercise Price of Options Exercisable | $ / shares	$ 16.75
Employee Stock Option [Member] | $ 17.01-18.00
Share-based Compensation Arrangement Options, Outstanding | shares	40,500
Weighted Average Exercise Price of Options Outstanding | $ / shares	$ 17.45
Weighted Avg. Remaining Years Contractual Life (in years)	8 years 4 months 28 days
Option Exercisable | shares	8,100
Weighted Average Exercise Price of Options Exercisable | $ / shares	$ 17.45
Employee Stock Option [Member] | $ 18.01-18.55
Share-based Compensation Arrangement Options, Outstanding | shares	346,900
Weighted Average Exercise Price of Options Outstanding | $ / shares	$ 18.54
Weighted Avg. Remaining Years Contractual Life (in years)	7 years 11 months 12 days
Option Exercisable | shares	136,380
Weighted Average Exercise Price of Options Exercisable | $ / shares	$ 18.54
Employee Stock Option [Member] | $ 18.56-25.00
Share-based Compensation Arrangement Options, Outstanding | shares	29,000
Weighted Average Exercise Price of Options Outstanding | $ / shares	$ 24.02
Weighted Avg. Remaining Years Contractual Life (in years)	9 years 6 months 18 days
Employee Stock Option [Member] | $ 25.01-30.55
Share-based Compensation Arrangement Options, Outstanding | shares	11,900
Weighted Average Exercise Price of Options Outstanding | $ / shares	$ 30.55
Weighted Avg. Remaining Years Contractual Life (in years)	9 years 11 months 23 days

SHARE-BASED COMPENSATION (De105

SHARE-BASED COMPENSATION (Details 3) - Employee Stock Option [Member] - $ / shares	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Valuation and related assumption for option program
Fair value per option	$ 5.30	$ 3.02
Expected life (in years)	6 years 6 months	6 years 6 months
Expected stock price volatility	13.00%	12.00%
Expected dividend yield	0.00%	0.00%
Risk-free interest rate	2.19%	1.57%
Expected forfeiture rate	0.00%	0.00%

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income Taxes Details
Current - Federal	$ 365	$ 549	$ (150)
Current - State	66	24
Deferred - Federal	6,729	2,370	2,252
Deferred - State	368	552	109
Change in valuation allowance
Income tax expense (benefit)	$ 7,528	$ 3,495	$ (16,739)

INCOME TAXES (Details 2)

INCOME TAXES (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income Taxes Details
Computed income tax expense (benefit)	$ 3,537	$ 3,455	$ 2,480
Deferred tax valuation allowance
State income tax, net of federal benefit	282	218	165
Nontaxable municipal security income	(1,036)	(544)	(126)
Nontaxable BOLI income	(243)	(107)	(160)
Change in federal and state rates applied to deferreds	4,871	353
Low income housing tax credit investments	(44)
Other	161	120	(148)
Actual income tax expense (benefit)	$ 7,528	$ 3,495	$ (16,739)
Effective tax rate	74.50%	35.40%	(236.20%)

INCOME TAXES (Details 3)

INCOME TAXES (Details 3) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Deferred tax assets:
Allowance for loan losses	$ 2,356	$ 3,245
Deferred compensation and post employment benefits	1,993	3,365
Non-accrual interest	204	375
Valuation reserve for other real estate	346	693
North Carolina NOL carryover	475	557
Federal NOL carryover	3,507	8,560
AMT credit carryforward	645	414
Unrealized losses on securities	149	3,255
Loan basis differences	77	238
Deposit premium	104	155
Fixed assets	63
Other	1,009	966
Total deferred tax assets	10,928	21,823
Deferred tax liabilities:
Fixed assets		263
Loan servicing rights	620	962
Goodwill	126	18
Core deposit intangible	37	158
Deferred loan costs	757	1,002
Prepaid expenses	31	57
Unrealized gains on securities	377	201
Derivative instruments	128	176
Other	21	1
Total deferred tax liabilities	2,097	2,838
Net deferred tax asset	$ 8,831	$ 18,985

INCOME TAXES (Details 4)

INCOME TAXES (Details 4) $ in Thousands	12 Months Ended
	Dec. 31, 2017USD ($)
Federal [Member]
Unused Net Operating Losses	$ 16,702
Federal [Member] | Minimum [Member]
Expiration Dates	2,031
Federal [Member] | Maximum [Member]
Expiration Dates	2,034
North Carolina [Member]
Unused Net Operating Losses	$ 24,060
North Carolina [Member] | Minimum [Member]
Expiration Dates	2,026
North Carolina [Member] | Maximum [Member]
Expiration Dates	2,029

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Earnings Per Share Details
Net income	$ 2,579	$ 6,376	$ 23,825
Weighted average shares outstanding	6,561,699	6,477,284	6,546,375
Effect of dilutive securities	54,248
Effect of dilutive restricted stock units	42,667	12,647
Average shares outstanding	6,658,614	6,489,931	6,546,375
Earnings per share - basic	$ 0.39	$ 0.98	$ 3.64
Earnings per share - diluted	$ 0.39	$ 0.98	$ 3.64

ACCUMULATED OTHER COMPREHENS111

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Balance, beginning of period	$ (5,456)	$ (1,736)	$ (2,269)
Change in deferred tax valuation allowance attributable to unrealized (gain) loss on investment securities available for sale	202	377	289
Change in unrealized holding gain (loss) on securities available for sale	6,347	(6,652)	(166)
Reclassification adjustment for net securities gains realized in net income	1,102	(1,216)	(403)
Reclassification adjustment for other then temporary impairment of securities available for sale	757
Transfer of net unrealized loss from available for sale to held to maturity
Amortization of unrealized gains and losses on securities transferred to held to maturity		578	984
Reduction in unrealized loss related to held to maturity securities transferred to available-for-sale		325
Change in unrealized holding gains and losses on cash flow hedge	99	444
Reclassification adjustment for cash flow hedge effectiveness	(14)	32
Income tax benefit (expense)	(3,060)	2,392	(171)
Balance, end of period	(23)	(5,456)	(1,736)
Valuation Allowance of Deferred Tax Assets [Member]
Balance, beginning of period	(202)	(579)	(868)
Change in deferred tax valuation allowance attributable to unrealized (gain) loss on investment securities available for sale	202	377	289
Change in unrealized holding gain (loss) on securities available for sale
Reclassification adjustment for net securities gains realized in net income
Transfer of net unrealized loss from available for sale to held to maturity
Amortization of unrealized gains and losses on securities transferred to held to maturity
Reduction in unrealized loss related to held to maturity securities transferred to available-for-sale
Income tax benefit (expense)
Balance, end of period		(202)	(579)
Available-for-sale Securities [Member]
Balance, beginning of period	(5,554)	(594)	(236)
Change in deferred tax valuation allowance attributable to unrealized (gain) loss on investment securities available for sale
Change in unrealized holding gain (loss) on securities available for sale	6,347	(6,652)	(166)
Reclassification adjustment for net securities gains realized in net income	1,102	(1,216)	(403)
Reclassification adjustment for other then temporary impairment of securities available for sale	757
Transfer of net unrealized loss from available for sale to held to maturity
Amortization of unrealized gains and losses on securities transferred to held to maturity
Reduction in unrealized loss related to held to maturity securities transferred to available-for-sale
Income tax benefit (expense)	(3,107)	2,908	211
Balance, end of period	(455)	(5,554)	(594)
Held-to-maturity Securities [Member]
Balance, beginning of period		(563)	(1,165)
Change in deferred tax valuation allowance attributable to unrealized (gain) loss on investment securities available for sale
Change in unrealized holding gain (loss) on securities available for sale
Reclassification adjustment for net securities gains realized in net income
Transfer of net unrealized loss from available for sale to held to maturity
Amortization of unrealized gains and losses on securities transferred to held to maturity		578	984
Reduction in unrealized loss related to held to maturity securities transferred to available-for-sale		325
Income tax benefit (expense)		(340)	(382)
Balance, end of period			$ (563)
Cash Flow Hedge [Member]
Balance, beginning of period	300
Change in unrealized holding gains and losses on cash flow hedge	99	444
Reclassification adjustment for cash flow hedge effectiveness	(14)	32
Income tax benefit (expense)	47	(176)
Balance, end of period	$ 432	$ 300

ACCUMULATED OTHER COMPREHENS112

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassification adjustment for other then temporary impairment of securities available for sale	$ (757)
Increase related to transfer from AFS
Reduction related to transfer to AFS		325
Interest expense - Junior subordinated notes	557	532	458
Cash Flow Hedge [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest expense - FHLB advances	(20)	(16)
Interest expense - Junior subordinated notes	34	(16)
Tax effect	5	12
Impact, net of tax	19	(20)
Valuation Allowance of Deferred Tax [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Impact, net of tax	202	377	289
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Impact, net of tax	(960)	561	(62)
Gain on sale of investments, net [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Before tax	(1,102)	1,216	403
Reclassification adjustment for other then temporary impairment of securities available for sale	(757)
Tax effect	678	(449)	(152)
Impact, net of tax	$ (1,181)	767	657
Investment Income (Expense) [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Before tax		(578)	(984)
Increase related to transfer from AFS
Reduction related to transfer to AFS		(325)
Tax effect		340	382
Impact, net of tax		$ (563)	$ (602)

REGULATORY MATTERS (Details)

REGULATORY MATTERS (Details) - USD ($) $ in Thousands		Dec. 31, 2017	Dec. 31, 2016
Bank [Member]
Tier I capital to total average assets, Actual Amount		$ 136,280	$ 138,402
Tier I capital to total average assets, Actual Percent		8.79%	11.06%
Tier I capital to total average assets, Minimum capital adequacy Amount		$ 61,994	$ 50,034
Tier I capital to total average assets, Minimum capital adequacy Percent	[1]	4.00%	4.00%
Tier I capital to total average assets, Required to be Categorized Well Capitalized, Amount		$ 77,492	$ 62,542
Tier I capital to total average assets, Required to be Categorized Well Capitalized, Percent		5.00%	5.00%
CET1 capital to risk-weighted assets, Actual Amount		$ 136,280	$ 138,402
CET1 capital to risk-weighted assets, Actual Percent		11.92%	16.33%
CET1 capital to risk-weighted assets, Required to be Categorized Adequately Capitalized, Amount		$ 65,729	$ 38,150
CET1 capital to risk-weighted assets, Required to be Categorized Adequately Capitalized, Percent	[1]	5.75%	5.125%
CET1 capital to risk-weighted assets, Required to be Categorized Well Capitalized, Amount		$ 74,303	$ 55,106
CET1 capital to risk-weighted assets, Required to be Categorized Well Capitalized, Percent		6.50%	6.50%
Tier I capital to risk-weighted assets, Actual Amount		$ 136,280	$ 138,402
Tier I capital to risk-weighted assets, Actual Percent		11.92%	16.33%
Tier I capital to risk-weighted assets, Required to be Categorized Adequately Capitalized, Amount		$ 82,876	$ 50,867
Tier I capital to risk-weighted assets, Required to be Categorized Adequately Capitalized, Percent	[1]	7.25%	6.625%
Tier I capital to risk-weighted assets, Required to meet Memorandum of Understanding, Amount		$ 91,450	$ 67,823
Tier I capital to risk-weighted assets, Required to meet Memorandum of Understanding, Percent		8.00%	8.00%
Total Capital to risk-weighted assets, Actual Amount		$ 147,266	$ 147,807
Total Capital to risk-weighted assets, Actual Percent		12.88%	17.43%
Total Capital to risk-weighted assets, Required to be Categorized Adequately Capitalized, Amount		$ 105,739	$ 67,823
Total Capital to risk-weighted assets, Required to be Categorized Adequately Capitalized, Percent	[1]	9.25%	8.625%
Total Capital to risk-weighted assets, Required to be Categorized Well Capitalized, Amount		$ 114,312	$ 84,778
Total Capital to risk-weighted assets, Required to be Categorized Well Capitalized, Percent		0.10%	10.00%
Parent Company [Member]
Tier I capital to total average assets, Actual Amount		$ 134,470	$ 141,013
Tier I capital to total average assets, Actual Percent		8.68%	11.28%
Tier I capital to total average assets, Minimum capital adequacy Amount		$ 61,967	$ 50,200
Tier I capital to total average assets, Minimum capital adequacy Percent	[1]	4.00%	4.00%
CET1 capital to risk-weighted assets, Actual Amount		$ 120,861	$ 130,079
CET1 capital to risk-weighted assets, Actual Percent		10.57%	15.33%
CET1 capital to risk-weighted assets, Required to be Categorized Adequately Capitalized, Amount		$ 65,775	$ 38,188
CET1 capital to risk-weighted assets, Required to be Categorized Adequately Capitalized, Percent	[1]	5.75%	5.125%
Tier I capital to risk-weighted assets, Actual Amount		$ 134,470	$ 141,013
Tier I capital to risk-weighted assets, Actual Percent		11.76%	16.62%
Tier I capital to risk-weighted assets, Required to be Categorized Adequately Capitalized, Amount		$ 82,934	$ 50,918
Tier I capital to risk-weighted assets, Required to be Categorized Adequately Capitalized, Percent	[1]	7.25%	6.625%
Total Capital to risk-weighted assets, Actual Amount		$ 145,457	$ 150,418
Total Capital to risk-weighted assets, Actual Percent		12.72%	17.72%
Total Capital to risk-weighted assets, Required to be Categorized Adequately Capitalized, Amount		$ 105,812	$ 67,891
Total Capital to risk-weighted assets, Required to be Categorized Adequately Capitalized, Percent	[1]	9.25%	8.625%
[1]	As of December 31, 2017, includes capital conservation buffer of 1.25%. On a fully phased in basis, effective January 1, 2019, under Basel III, minimum capital ratios to be considered "adequately capitalized" including the capital conservation buffer of 2.5% will be as follows: Tier 1 Leverage Capital - 4.0%; Common Equity Tier 1 Capital - 7.0%; Tier 1 Risk-based Capital - 8.5%; and Total Risk-based Capital - 10.5%.

COMMITMENTS AND CONTINGENCIE114

COMMITMENTS AND CONTINGENCIES (Details) $ in Thousands	Dec. 31, 2017USD ($)
Other Commitments [Line Items]
Commitments to fund lines of credit	$ 141,651
Lines of credit [Member]
Other Commitments [Line Items]
Commitments to fund lines of credit	139,974
Standby Letters of Credit [Member]
Other Commitments [Line Items]
Commitments to fund lines of credit	$ 1,677

COMMITMENTS AND CONTINGENCIE115

COMMITMENTS AND CONTINGENCIES (Details 2) $ in Thousands	12 Months Ended
	Dec. 31, 2017USD ($)
Fixed	$ 47,184
Variable	11,686
Total	$ 58,870
Minimum [Member]
Fixed (as a percent)	3.10%
Variable (as a percent)	3.99%
Maximum [Member]
Fixed (as a percent)	6.99%
Variable (as a percent)	7.00%

COMMITMENTS AND CONTINGENCIE116

COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Mortgage Loans Sold to Federal National Mortgage Association[Member]
Loss Contingencies [Line Items]
Obligation for representations and warranties, reserve	$ 300	$ 300
Commitments to Extend Credit [Member]
Loss Contingencies [Line Items]
Allowance for unfunded commitments	$ 100	$ 100

FAIR VALUE DISCLOSURES (Details

FAIR VALUE DISCLOSURES (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	$ 352,348	$ 406,641
Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	342,863	398,291
Available-for-sale Securities [Member] | US Government Corporations and Agencies Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	19,518	14,621
Available-for-sale Securities [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	139,760	160,181
Available-for-sale Securities [Member] | Mortgage-backed Securities, SBA securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	63,275	57,756
Trading account assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	6,095	5,211
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	9,208	8,329
Fair Value, Inputs, Level 1 [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	3,113	3,118
Fair Value, Inputs, Level 1 [Member] | Trading account assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	6,095	5,211
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	339,819	393,505
Fair Value, Inputs, Level 2 [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	339,258	393,029
Fair Value, Inputs, Level 2 [Member] | Available-for-sale Securities [Member] | US Government Corporations and Agencies Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	17,022	12,107
Fair Value, Inputs, Level 2 [Member] | Available-for-sale Securities [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	139,760	160,181
Fair Value, Inputs, Level 2 [Member] | Available-for-sale Securities [Member] | Mortgage-backed Securities, SBA securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	63,275	57,756
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	3,321	4,807
Fair Value, Inputs, Level 3 [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	492	2,144
U.S. Treasury securities [Member] | Fair Value, Inputs, Level 1 [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	2,496	2,514
Mutual Funds [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	617	604
Mutual Funds [Member] | Fair Value, Inputs, Level 1 [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	617	604
Municipal Securities [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	94,863	146,771
Municipal Securities [Member] | Fair Value, Inputs, Level 2 [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	94,863	146,771
Collateralized Mortgage Backed Securities [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	5,539
Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	5,539
Corporate Bond [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	19,291	18,358
Corporate Bond [Member] | Fair Value, Inputs, Level 2 [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	18,799	16,214
Corporate Bond [Member] | Fair Value, Inputs, Level 3 [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	492	2,144
Derivative Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	561	476
Derivative Assets [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	561	476
Loan Servicing Rights[Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	2,756	2,603
Loan Servicing Rights[Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	2,756	2,603
Forward Sales Commitments [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	28	19
Forward Sales Commitments [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	28	19
Interest Rate Lock Commitments [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	45	41
Interest Rate Lock Commitments [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	$ 45	$ 41

FAIR VALUE DISCLOSURES (Deta118

FAIR VALUE DISCLOSURES (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Fair Value Disclosures Details 2
Balance at beginning of period	$ 4,807	$ 2,390	$ 2,248
Corporate bonds Fair value adjustment	1
Corporate bonds Transfers from HTM		2,144
Corporate bonds Transfer to Level 2	(1,087)
Corporate bonds Sold	(566)
Capitalization from loans sold	618	604	544
Fair value adjustment	(465)	(345)	(387)
Mortgage derivative gains included in Other income	13	14	(15)
Balance at end of period	$ 3,321	$ 4,807	$ 2,390

FAIR VALUE DISCLOSURES (Deta119

FAIR VALUE DISCLOSURES (Details 3) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Assets measured at fair value on nonrecurring basis	$ 9,768	$ 13,782
Impaired loans measured at present value	4,400	4,600
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Assets measured at fair value on nonrecurring basis	9,768	13,782
Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member] | One To Four Family Residential [Member]
Assets measured at fair value on nonrecurring basis	2,266	2,205
Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Assets measured at fair value on nonrecurring basis	4,050	6,329
Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member] | Home Equity Line of Credit [Member]
Assets measured at fair value on nonrecurring basis	313	213
Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member] | Other Portfolio Segment [Member]
Assets measured at fair value on nonrecurring basis	571	809
Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | One To Four Family Residential [Member]
Assets measured at fair value on nonrecurring basis	2,266	2,205
Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | Commercial Real Estate Portfolio Segment [Member]
Assets measured at fair value on nonrecurring basis	4,050	6,329
Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | Home Equity Line of Credit [Member]
Assets measured at fair value on nonrecurring basis	313	213
Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | Other Portfolio Segment [Member]
Assets measured at fair value on nonrecurring basis	571	809
Fair Value, Measurements, Nonrecurring [Member] | Real Estate Owned [Member] | One To Four Family Residential [Member]
Assets measured at fair value on nonrecurring basis	288	1,336
Fair Value, Measurements, Nonrecurring [Member] | Real Estate Owned [Member] | Commercial Real Estate Portfolio Segment [Member]
Assets measured at fair value on nonrecurring basis	544	722
Fair Value, Measurements, Nonrecurring [Member] | Real Estate Owned [Member] | Other Portfolio Segment [Member]
Assets measured at fair value on nonrecurring basis	1,736	2,168
Fair Value, Measurements, Nonrecurring [Member] | Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member] | One To Four Family Residential [Member]
Assets measured at fair value on nonrecurring basis	288	1,336
Fair Value, Measurements, Nonrecurring [Member] | Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member] | Commercial Real Estate Portfolio Segment [Member]
Assets measured at fair value on nonrecurring basis	544	722
Fair Value, Measurements, Nonrecurring [Member] | Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member] | Other Portfolio Segment [Member]
Assets measured at fair value on nonrecurring basis	$ 1,736	$ 2,168

FAIR VALUE DISCLOSURES (Deta120

FAIR VALUE DISCLOSURES (Details 4)	12 Months Ended
	Dec. 31, 2017
Impaired Loans [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Unobservable Input	Collateral discounts and estimated selling cost
Valuation Technique	Discounted Appraisals
Impaired Loans [Member] | Minimum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Collateral discounts and estimated selling cost	0.00%
Impaired Loans [Member] | Maximum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Collateral discounts and estimated selling cost	30.00%
Real Estate Owned [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Unobservable Input	Collateral discounts and estimated selling cost
Valuation Technique	Discounted Appraisals
Real Estate Owned [Member] | Minimum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Collateral discounts and estimated selling cost	0.00%
Real Estate Owned [Member] | Maximum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Collateral discounts and estimated selling cost	30.00%
Loan Servicing Rights[Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Valuation Technique	Discounted Cash Flows
Loan Servicing Rights[Member] | Minimum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Prepayment Speed	5.00%
Discount rate	12.00%
Loan Servicing Rights[Member] | Maximum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Prepayment Speed	35.00%
Discount rate	14.00%
Corporate Bond [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Unobservable Input	Recent trade pricing
Valuation Technique	Discounted Cash Flows
Corporate Bond [Member] | Minimum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Recent trade pricing	0.00%
Corporate Bond [Member] | Maximum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Recent trade pricing	8.00%
SBIC Investments [Member] | Minimum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Recent trade pricing	0.00%
SBIC Investments [Member] | Maximum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Recent trade pricing	13.00%

FAIR VALUE DISCLOSURES (Deta121

FAIR VALUE DISCLOSURES (Details 5) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Assets:
Cash and equivalents	$ 109,467	$ 43,294	$ 40,650	$ 58,982
Trading securities	6,095	5,211
Securities available for sale	342,863	398,291
Other investments, at cost	12,386	15,261
Interest receivable	5,405	5,012
Bank owned life insurance	32,150	31,347
Loan servicing rights	2,756	2,603	$ 2,344	$ 2,187
Commitments
Liabilities:
Time deposits	396,735
Federal Home Loan Bank advances	223,500	298,500
Junior subordinated debentures	14,433	14,433
Other borrowings	8,623	2,725
Accrued interest payable	935	254
Reported Value Measurement [Member]
Assets:
Cash and equivalents	109,467	43,294
Trading securities	6,095	5,211
Securities available for sale	342,863	398,291
Loans held for sale	3,845	4,584
Loans receivable, net	1,005,139	744,361
Other investments, at cost	12,386	15,261
Interest receivable	5,405	5,012
Bank owned life insurance	32,150	31,347
Loan servicing rights	2,756	2,603
Derivative asset	561	476
SBIC investments	3,491	1,655
Liabilities:
Demand deposits	765,442	540,808
Time deposits	396,735	289,205
Federal Home Loan Bank advances	223,500	298,500
Junior subordinated debentures	14,433	14,433
Other borrowings	8,623	2,725
Accrued interest payable	935	254
Reported Value Measurement [Member] | Forward Sales Commitments [Member]
Assets:
Commitments	28	19
Reported Value Measurement [Member] | Interest Rate Lock Commitments [Member]
Assets:
Commitments	45	41
Portion at Fair Value Measurement [Member]
Assets:
Cash and equivalents	109,467	43,294
Trading securities	6,095	5,211
Securities available for sale	342,863	398,291
Loans held for sale	4,211	5,093
Loans receivable, net	992,993	741,612
Other investments, at cost	12,386	15,261
Interest receivable	5,405	5,012
Bank owned life insurance	32,150	31,347
Loan servicing rights	2,756	2,603
Derivative asset	561	476
SBIC investments	3,491	1,655
Liabilities:
Demand deposits	765,442	540,808
Time deposits	390,806	286,611
Federal Home Loan Bank advances	223,627	298,667
Junior subordinated debentures	14,433	14,433
Other borrowings	8,620	2,907
Accrued interest payable	935	254
Portion at Fair Value Measurement [Member] | Forward Sales Commitments [Member]
Assets:
Commitments	28	19
Portion at Fair Value Measurement [Member] | Interest Rate Lock Commitments [Member]
Assets:
Commitments	45	41
Fair Value, Inputs, Level 1 [Member] | Portion at Fair Value Measurement [Member]
Assets:
Cash and equivalents	109,467	43,294
Trading securities	6,095	5,211
Securities available for sale	3,113	3,118
Loans held for sale
Loans receivable, net
Other investments, at cost
Interest receivable
Bank owned life insurance
Loan servicing rights
Derivative asset
SBIC investments
Liabilities:
Demand deposits
Time deposits
Federal Home Loan Bank advances
Junior subordinated debentures
Other borrowings
Accrued interest payable
Fair Value, Inputs, Level 2 [Member] | Portion at Fair Value Measurement [Member]
Assets:
Cash and equivalents
Trading securities
Securities available for sale	339,258	393,029
Loans held for sale	4,211	5,093
Loans receivable, net
Other investments, at cost	12,386	15,261
Interest receivable	5,405	5,012
Bank owned life insurance	32,150	31,347
Loan servicing rights
Derivative asset	561	476
SBIC investments
Liabilities:
Demand deposits	765,442	540,808
Time deposits
Federal Home Loan Bank advances	223,627	298,667
Junior subordinated debentures	14,433	14,433
Other borrowings	8,620	2,907
Accrued interest payable	935	254
Fair Value, Inputs, Level 3 [Member] | Portion at Fair Value Measurement [Member]
Assets:
Cash and equivalents
Trading securities
Securities available for sale	492	2,144
Loans held for sale
Loans receivable, net	992,993	741,612
Other investments, at cost
Interest receivable
Bank owned life insurance
Loan servicing rights	2,756	2,603
Derivative asset
SBIC investments	3,491	1,655
Liabilities:
Demand deposits
Time deposits	390,806	286,611
Federal Home Loan Bank advances
Junior subordinated debentures
Other borrowings
Accrued interest payable
Fair Value, Inputs, Level 3 [Member] | Portion at Fair Value Measurement [Member] | Forward Sales Commitments [Member]
Assets:
Commitments	28	19
Fair Value, Inputs, Level 3 [Member] | Portion at Fair Value Measurement [Member] | Interest Rate Lock Commitments [Member]
Assets:
Commitments	$ 45	$ 41

SHARE REPURCHASES (Details)

SHARE REPURCHASES (Details) - $ / shares	1 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Feb. 28, 2017	Jan. 31, 2017	Jan. 28, 2016
Share Repurchases Details
Number of Shares Authorized to be Repurchased							327,318
Number of Shares Purchased	13,000	13,000
Average Price Paid per Share	$ 23.12	$ 23.12
Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs	209,750	209,750	209,750	209,750	222,750	222,750

PARENT COMPANY FINANCIAL INF123

PARENT COMPANY FINANCIAL INFORMATION - Condensed Statements of Financial Condition (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Assets:
Cash and cash equivalents	$ 109,467	$ 43,294	$ 40,650	$ 58,982
Other assets	5,055	4,099
Total assets	1,581,449	1,292,877
Liabilities and stockholders' equity:
Junior subordinated notes	14,433	14,433
Other borrowings	8,623	2,725
Other liabilities	10,294	3,673
Stockholders equity	151,313	133,068	$ 131,469	$ 107,319
Total liabilities and stockholders' equity	1,581,449	1,292,877
Parent Company [Member]
Assets:
Cash and cash equivalents	3,244	3,137
Equity investment in subsidiary	167,252	144,011
Equity investment in trust	433	433
Other assets	624	508
Total assets	171,553	148,089
Liabilities and stockholders' equity:
Junior subordinated notes	14,433	14,433
Other borrowings	5,000
Other liabilities	807	588
Stockholders equity	151,313	133,068
Total liabilities and stockholders' equity	$ 171,553	$ 148,089

PARENT COMPANY FINANCIAL INF124

PARENT COMPANY FINANCIAL INFORMATION - Condensed Statements of Operations (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Total income	$ 50,529	$ 40,520	$ 33,144
Interest expense	7,684	6,032	5,723
Income (loss) before income taxes and equity in undistributed income of subsidiary	10,107	9,871	7,086
Income tax benefit allocated from consolidated income tax return	7,528	3,495	(16,739)
Net income	2,579	6,376	23,825
Parent Company [Member]
Interest income	56	81	190
Dividends from subsidiary	20,630	510	114
Total income	20,686	591	304
Interest expense	626	532	458
Other	361	358	259
Total expenses	987	890	717
Income (loss) before income taxes and equity in undistributed income of subsidiary	19,699	(299)	(413)
Income tax benefit allocated from consolidated income tax return	326	283	180
Income (loss) before equity in undistributed income (loss) of subsidiary	20,025	(16)	(233)
Equity in undistributed income (loss) of subsidiary	(17,446)	6,392	24,058
Net income	$ 2,579	$ 6,376	$ 23,825

PARENT COMPANY FINANCIAL INF125

PARENT COMPANY FINANCIAL INFORMATION - Condensed Statements of Cash Flows (Details 3) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Cash flows from operating activities:
Net income	$ 2,579	$ 6,376	$ 23,825
Adjustments to reconcile net income to net cash provided by operating activities:
Net cash provided by (used in) operating activities	17,825	17,190	7,994
Investing activities:
Net cash used in investing activities	105,172	(173,546)	(95,350)
Cash flows from financing activities:
Purchase of stock	(301)	(1,922)
Purchase of common stock for Rabbi Trust			(279)
Net cash provided by (used in) financing activities	(56,824)	159,527	69,024
Increase in cash and cash equivalents	66,173	2,644	(18,332)
Noncash investing and financing activities:
Transfer of Rabbi Trust investments to Company stock	100
Common stock issued in acquisitions	9,872
Parent Company [Member]
Cash flows from operating activities:
Net income	2,579	6,376	23,825
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in undistributed earnings in subsidiaries	17,446	(6,392)	(24,058)
(Increase) decrease in other assets	(97)	55	(19)
Increase (decrease) in other liabilities	166	97	75
Net cash provided by (used in) operating activities	20,094	136	(177)
Investing activities:
Investment in subsidiary	(25,448)	(13,486)
Net cash used in investing activities	(25,448)	(13,486)
Cash flows from financing activities:
Proceeds from other borrowings	5,000
Cash paid to tax authorities for shares surrendered upon vesting of restricted stock units	(149)	(87)
Cash paid to tax authorities for shares surrendered upon exercise of stock options	(6)
Purchase of stock	(301)	(1,835)
Purchase of common stock for Rabbi Trust			(279)
Reimbursement from bank subsidiary for share-based compensation	917	864	70
Net cash provided by (used in) financing activities	5,461	(1,058)	70
Increase in cash and cash equivalents	107	(14,408)	(107)
Cash and cash equivalents, beginning of year	3,137	17,545	17,652
Cash and cash equivalents, end of year	3,244	$ 3,137	$ 17,545
Noncash investing and financing activities:
Transfer of Rabbi Trust investments to Company stock	100
Common stock issued in acquisitions	$ 9,872