Citizens Independent Bancorp (CZID) 10-Q 15 May 14 2014 Q1 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	3 Months Ended
	Mar. 31, 2014	Apr. 18, 2014
Document Information [Line Items]	'	'
Entity Registrant Name	'Citizens Independent Bancorp, Inc.	'
Entity Central Index Key	'0001553830	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Smaller Reporting Company	'
Trading Symbol	'CK0001553830	'
Entity Common Stock, Shares Outstanding	'	611,113
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	31-Mar-14	'
Document Fiscal Period Focus	'Q1	'
Document Fiscal Year Focus	'2014	'

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Cash and cash equivalents	'	'
Cash and amounts due from depository institutions	$4,803	$6,758
Federal funds sold	14,508	8,246
Total cash and cash equivalents	19,311	15,004
Securities available for sale	34,101	34,630
Other investment securities	859	859
Loans	143,982	147,017
Allowance for loan losses	-4,349	-4,384
Net loans	139,633	142,633
Premises and equipment, net	3,241	3,283
Accrued interest receivable	498	446
Other real estate owned	1,514	2,532
Other assets	1,654	1,465
TOTAL ASSETS	200,811	200,852
Deposits	'	'
Noninterest bearing	21,238	20,539
Interest bearing	160,848	165,032
Total deposits	182,086	185,571
Borrowed funds	6,309	6,363
Stock proceeds escrow	190	0
Accrued interest payable	1,717	1,935
Other liabilities	1,459	1,357
TOTAL LIABILITIES	191,761	195,226
SHAREHOLDERS' EQUITY	'	'
Cumulative preferred stock of no par value; 100,000 shares authorized, 0 shares issued and outstanding	0	0
Common stock of no par value; 900,000 shares authorized, 611,113 shares issued and outstanding at March 31, 2014 and 399,748 shares issued and outstanding at December 31, 2013, respectively	12,370	9,307
Retained earnings	3,681	3,380
Treasury stock, at cost, 54,380 shares at March 31, 2014 and December 31, 2013, respectively	-6,590	-6,590
Accumulated other comprehensive income (loss)	-411	-471
TOTAL SHAREHOLDERS' EQUITY	9,050	5,626
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$200,811	$200,852

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS [Parenthetical] (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, except Per Share data, unless otherwise specified
Preferred stock, par value (in dollars per share)	$0	$0
Preferred stock, shares authorized	100,000	100,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$0	$0
Common stock, shares authorized	900,000	900,000
Common stock, shares issued	611,113	399,748
Common stock, shares outstanding	611,113	399,748
Treasury stock, shares	54,380	54,380

CONSOLIDATED_STATEMENTS_OF_INC

CONSOLIDATED STATEMENTS OF INCOME (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
INTEREST INCOME	'	'
Interest and fees on loans	$1,917	$2,334
Interest and dividends on investment securities	188	198
Interest on federal funds sold	9	3
TOTAL INTEREST INCOME	2,114	2,535
INTEREST EXPENSE	'	'
Interest on deposits	323	439
Interest on borrowed funds	113	114
TOTAL INTEREST EXPENSE	436	553
NET INTEREST INCOME	1,678	1,982
Provision for loan losses	0	166
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	1,678	1,816
NONINTEREST INCOME	'	'
Service charges	113	127
Net gain on sale of loans	0	31
Net gain (loss) on sale of other real estate owned	375	-10
Credit card income and fees	81	82
Other	57	104
TOTAL NONINTEREST INCOME	626	334
NONINTEREST EXPENSE	'	'
Salaries and employee benefits	859	992
Net occupancy and equipment expense	330	261
Other real estate owned expense	80	-40
FDIC insurance expense	135	135
Legal and professional fees	108	138
Data processing	77	76
Advertising	46	48
Examinations and audits	39	48
Telephone	20	32
Other operating expenses	309	333
TOTAL NONINTEREST EXPENSE	2,003	2,023
INCOME BEFORE INCOME TAXES	301	127
Income tax expense	0	0
NET INCOME	$301	$127
Basic earnings per common share (in dollars per share)	$0.68	$0.40
Diluted earnings per common share (in dollars per share)	$0.68	$0.40

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Net income	$301	$127
Other comprehensive income (loss), net of tax:	'	'
Unrealized net holding gain (loss) on securities available for sale, net of income taxes of $32 and $(14) for the three month periods ended March 31, 2014 and 2013, respectively	60	-28
Other comprehensive income (loss)	60	-28
Comprehensive income	$361	$99

CONSOLIDATED_STATEMENTS_OF_COM1

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Parenthetical] (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Tax	$32	($14)

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Balance at beginning of period	$5,626	$5,524
Common Stock Proceeds	3,063	0
Net income	301	127
Other comprehensive income (loss)	60	-28
Balance at end of period	$9,050	$5,623

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES	'	'
Net income	$301	$127
Adjustment to reconcile net income to net cash Provided by operating activities	'	'
Provision for loan losses	0	166
Depreciation and amortization	93	94
Provision for loss on real estate owned	26	-50
Change in value of bank owned life insurance	0	187
Net (gain) loss on sale of other real estate owned	-375	10
Net (gain) loss on disposition of premises and equipment	10	100
Net (gain) on sale of loans	0	-31
Proceeds from sale of loans	0	2,085
Loans originated for sale	0	-1,479
Net change in:	'	'
Accrued interest receivable	-52	-153
Accrued interest payable	-218	-99
Other assets	-220	-362
Other liabilities	290	-237
Net cash provided by (used in) operating activities	-145	358
CASH FLOWS FROM INVESTING ACTIVITIES	'	'
Proceeds from maturities of available for sale securities	622	1,436
Net change in loans	2,538	871
Proceeds from sale of other real estate owned	1,829	1,370
Purchases of premises and equipment	-61	-25
Net cash provided by investing activities	4,928	3,652
CASH FLOWS FROM FINANCING ACTIVITIES	'	'
Net change in deposits	-3,485	-7,680
Payments on loans payable	-54	-41
Proceeds from sale of common stock	3,063	0
Net cash provided by (used in) financing activities	-476	-7,721
Net increase (decrease) in cash and cash equivalents	4,307	-3,711
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	15,004	10,215
CASH AND CASH EQUIVALENTS AT END OF PERIOD	19,311	6,504
Supplemental Disclosure of Cash Flows	'	'
Cash paid during the period for, interest	655	652
Cash paid during the period for, taxes	0	0
Supplemental Schedule of Noncash Investing and Financing Activities	'	'
Transfer of loans to other real estate owned	$462	$0

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Significant Accounting Policies [Text Block]	'
	NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Nature of Operations
	Citizens Independent Bancorp, Inc. (the Bancorp), a bank holding company for The Citizens Bank of Logan (the Bank), collectively referred to as the “Company” is engaged in the business of commercial and retail banking services with operations conducted through offices in Hocking, Athens and Fairfield counties. These communities and surrounding areas are the source of substantially all the Company's deposit and loan activities. Secured loans are secured by business assets, consumer assets, residential real estate and non-residential real estate. The majority of Company income is derived from commercial, real estate and retail lending activities and investments. Other financial instruments which potentially represent concentrations of credit risk include deposit accounts in other financial institutions and federal funds sold.
	Basis of Financial Statement Presentation
	These consolidated financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) for interim financial information and with instructions to Form 10-Q and Article 8 of Regulation S-X.  Accordingly, they do not include all the information and footnotes required by GAAP for annual year-end financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation, have been included and are of a normal, recurring nature. The balance sheet as of December 31, 2013 has been derived from the audited financial statements at that date, but does not include all of the information and footnotes required by generally accepted accounting principles.  Operating results for the three month period ended March 31, 2014 are not necessarily indicative of the results that may be expected for the year ending December 31, 2014.
	The accounting and reporting policies of the Bancorp and the Bank conform to accounting principles generally accepted in the United States of America and to general practices followed within the banking industry.
	The consolidated balance sheet as of December 31, 2013 has been extracted from audited financial statements included in the Company’s Form 10-K filed for the year ended December 31, 2013. Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been omitted. These financial statements should be read in conjunction with the financial statements and notes thereto included in the Company’s 2013 Form 10-K.
	Principles of Consolidation
	The consolidated financial statements include the accounts of Bancorp and Bank. The financial statements of the Bank include the accounts of its wholly-owned subsidiaries, Countywide Mortgage Company and Countywide Loan Company. Citizens Travel Center was closed in third quarter, 2013. The balance sheet and statement of income for the Citizens Travel Center were immaterial to the 2013 consolidated financial statements. All significant intercompany transactions and balances have been eliminated.
	Recent Accounting Pronouncements
	In July 2013, the FASB issued ASU 2013-11, Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. This Update applies to all entities that have unrecognized tax benefits when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists at the reporting date. An unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward, except as follows. To the extent a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position or the tax law of the applicable jurisdiction does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. The assessment of whether a deferred tax asset is available is based on the unrecognized tax benefit and deferred tax asset that exist at the reporting date and should be made presuming disallowance of the tax position at the reporting date. The amendments in this Update are effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. The adoption of this pronouncement did not have a material effect on the consolidated financial statements.
	Stock Offering
	On October 25, 2013, we commenced an offering for the sale of up to 369,754 of our common shares, without par value, at a subscription price of $15.39 per share (up to $5,690,514), which subscription price was intended to be equal to 90% of the book value per share of the Company on September 30, 2013. The offering has two components, a rights offering, which expired on January 31, 2014, followed by a public offering. Pursuant to the terms of the offering, if the Company does not receive aggregate subscriptions for at least $2,500,000 in the rights offering and the public offering before the expiration of the public offering (the “Minimum Subscription Condition”), the offering would be terminated, all subscriptions would be rejected and all subscription amounts received in the rights offering and the public offering would be returned to the subscribers.
	During the 2013 year-end accounting process, the Company discovered an accounting error in the reconciliation of the ATM settlement account that relates to 2012. Essentially a programming error resulted in undercollection of ATM fees due to the Bank. As a result of this program error, net income for 2012 was overstated by $344,000. To correct the error and as reported by the Company in a Form 8-K filed with the Securities and Exchange Commission on March 11, 2014, the Company restated its books for 2012, increasing the net loss previously reported by $344,000. This increased net loss for 2012 caused a reduction in the per share book value of the Company as of September 30, 2013 from $17.10 to $16.10.
	The Company has filed correspondence with the Securities and Exchange Commission (SEC) regarding its proposal to address this restatement and its effect on the price of shares being offered. The Company will public ally announce its plans when they are finalized.
	The Company originally intended to continue the public offering at the new $14.49 per share subscription price until March 31, 2014; however, because of the rescission right being offered to investors that continues until May 31, 2014, the Board of Directors of the Company believes that it is appropriate to extend the public offering period until June 15, 2014. The Board of Directors also believes that it is unlikely that subscribers in the offering will exercise rescission rights in sufficient volume to cause the total amount raised by the Company in the offering (including the amount raised during the remaining period of the public offering) to be less than the $2,500,000 Minimum Subscription Condition. However, in the event that higher than expected rescissions cause the Minimum Subscription Condition not to be satisfied at the time of the expiration of the public offering, the Company will return to each subscriber his or her subscription amount promptly following such expiration (upon presentment of the stock certificate(s) that were issued to such subscriber in the offering). In such event, the Company will need to examine other alternatives to raising capital.

EARNINGS_PER_COMMON_SHARE

EARNINGS PER COMMON SHARE	3 Months Ended
	Mar. 31, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share [Text Block]	'
	NOTE 2 - EARNINGS PER COMMON SHARE
	Earnings per common share are net income available to common shareholders divided by the weighted average common shares outstanding during the period. The factors used in the earnings per share computation for the three month periods ended March 31, 2014 and 2013 follow:
		(Dollars in thousands, except
		per share data)
		2014		2013
	Net income	$	301	$	127
	Weighted average common shares outstanding		444,005		317,025
	Basic and diluted earnings per common share	$	0.68	$	0.4

INVESTMENT_SECURITIES

INVESTMENT SECURITIES	3 Months Ended
	Mar. 31, 2014
Investments, Debt and Equity Securities [Abstract]	'
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	'
	NOTE 3 - INVESTMENT SECURITIES
	The amortized cost of securities and their approximate fair values are as follows:
		(Dollars in thousands)
		March 31, 2014								December 31, 2013
		Amortized		Gross		Gross		Fair		Amortized		Gross		Gross		Fair
		Cost		Unrealized		Unrealized		Value		Cost		Unrealized		Unrealized		Value
				Gains		Losses						Gains		Losses
	U.S. government Federal agencies	$	13,929	$	9	$	-197	$	13,741	$	13,937	$	8	$	-233	$	13,712
	State and local governments		7,011		294		-3		7,302		7,015		334		-10		7,339
	Mortgage backed securities		13,222		41		-205		13,058		13,831		36		-288		13,579
	Total	$	34,162	$	344	$	-405	$	34,101	$	34,783	$	378	$	-531	$	34,630
	The following is a summary of maturities of securities available-for-sale as of March 31, 2014:
		(Dollars in thousands)
		Securities available for sale
		Amortized		Fair
		Cost		Value
	Amounts maturing in:
	One year or less	$	648	$	657
	After one year through five years		17,924		17,999
	After five years through ten years		3,350		3,373
	After ten years		12,240		12,072
	Total	$	34,162	$	34,101
	Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations without call or prepayment penalties.
	Investment securities with a carrying amount of approximately $32,635,000 and $31,835,000 were pledged to secure deposits as required or permitted by law at March 31, 2014 and December 31, 2013, respectively.
	Information pertaining to securities with gross unrealized losses at March 31, 2014 and December 31, 2013, aggregated by investment category and length of time that individual securities have been in a continuous loss position, follows:
		(Dollars in thousands)
		Less than 12 months				12 months or greater				Total
		Fair		Gross		Fair		Gross		Fair		Gross
		Value		Unrealized		Value		Unrealized		Value		Unrealized
				Losses				Losses				Losses
	31-Mar-14
	U.S. government Federal agencies	$	11,444	$	-197	$	-	$	-	$	11,444	$	-197
	State and local governments		576		-3		-		-		576		-3
	Mortgage backed securities		8,540		-205		-		-		8,540		-205
	Total	$	20,560	$	-405	$	-	$	-	$	20,560	$	-405
	31-Dec-13
	U.S. government Federal agencies		12,416		-233		-		-		12,416		-233
	State and local governments		570		-10		-		-		570		-10
	Mortgage backed securities		9,791		-288		-		-		9,791		-288
	Total	$	22,777	$	-531	$	-	$	-	$	22,777	$	-531
	The investment portfolio contains unrealized losses of direct obligations of U.S. securities, including mortgage-related instruments issued or backed by the full faith and credit of the United States government or are generally viewed as having the implied guarantee of the U.S. government, and debt obligations of a U.S. state or political subdivision. As management has the ability to hold debt securities until maturity, or the foreseeable future if classified as available-for-sale, no declines are deemed to be other than temporary.
	Management evaluates securities for other than temporary impairment at least on a quarterly basis, and more frequently when economic or market concerns warrant such evaluation. Consideration is given (1) the length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near-term prospects of the issuer, and (3) the intent and ability of the Bank to retain its investment in the issuer for a period of time sufficient to allow for any recovery in fair value.

LOANS_AND_ALLOWANCE_FOR_LOAN_L

LOANS AND ALLOWANCE FOR LOAN LOSSES	3 Months Ended
	Mar. 31, 2014
Receivables [Abstract]	'
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	'
	NOTE 4 - LOANS AND ALLOWANCE FOR LOAN LOSSES
	The following tables provide information on the activity in the allowance for loan losses by the respective loan portfolio segment for the three month periods indicated:
			(Dollars in thousands)
			March 31,		March 31,
			2014		2013
	Allowance at beginning of period		$	4,384	$	5,204
	Provision for credit losses			0		166
	Charge-offs:
	Commercial			7		6
	Real Estate			28		49
	Consumer			64		90
	Total charge-offs		$	99	$	145
	Recoveries
	Commercial			44		8
	Real Estate			5		1
	Consumer			15		5
	Total Recoveries			64		14
	Ending allowance		$	4,349	$	5,239
	The following tables present the recorded investment with respect to loans and the related allowance by portfolio segment at the dates indicated:
			(Dollars in thousands)
			Collectively Evaluated				Individually Evaluated				Total
			Allowance		Recorded		Allowance		Recorded		Allowance		Recorded
			for loan		investment		for loan		investment		for loan		investment
			losses		in loans		losses		in loans		losses		in loans
	31-Mar-14
	Commercial		$	2,794	$	77,673	$	1,058	$	11,007	$	3,852	$	88,680
	Real estate			149		34,013		100		740		249		34,753
	Consumer			194		20,157		54		392		248		20,549
	Total		$	3,137	$	131,843	$	1,212	$	12,139	$	4,349	$	143,982
	31-Dec-13
	Commercial		$	2,802	$	81,716	$	1,071	$	9,874	$	3,873	$	91,590
	Real estate			183		33,219		84		778		267		33,997
	Consumer			189		21,183		55		247		244		21,430
	Total		$	3,174	$	136,118	$	1,210	$	10,899	$	4,384	$	147,017
	As part of its monitoring process, the Bank utilizes a risk rating system which quantifies the risk the Bank estimates it has assumed when entering into a loan transaction and during the life of that loan. The system rates the strength of the borrower and the transaction and is designed to provide a program for risk management and early detection of problems. Loans are graded on a scale of 1 through 8, with a grade of 4 or below classified as “Pass” rated credits. Following is a description of the general characteristics of risk grades 5 through 8:
	5 – Special Mention - The weighted overall risk associated with this credit is considered higher than normal (but still acceptable) or the loan possesses deficiencies which corrective action by the Bank would remedy, thereby reducing risk.
	6 – Substandard - The weighted overall risk associated with this credit (based on each of the Bank’s creditworthiness criteria) is considered undesirable, the credit demonstrates a well-defined weakness or the Bank is inadequately protected and there exists the distinct possibility of sustaining some loss if not corrected.
	7 – Doubtful - Weakness makes collection or liquidation in full (based on currently existing facts) improbable.
	8 – Loss- This credit is of little value and not warranted as a bankable asset. Accordingly, the Bank does not carry any loans on the books that are graded 8 – loss, instead these loans are charged off.
	The Bank’s strategy for credit risk management includes ongoing credit examinations and management reviews of loans exhibiting deterioration of credit quality. A deteriorating credit indicates an elevated likelihood of delinquency. When a loan becomes delinquent, its credit grade is reviewed and changed accordingly. Each downgrade to a classified credit results in a higher percentage of reserve to reflect the increased likelihood of loss for similarity graded credits. Further deterioration could result in a certain credit being deemed impaired resulting in a collateral valuation for purposes of establishing a specific reserve which reflects the possible extent of such loss for that credit.
	The following tables present the risk category of loans by class of loans based on the most recent analysis performed at March 31, 2014 and December 31, 2013.
	Commercial Credit Exposure
	Credit risk profile by credit worthiness category
			(Dollars in thousands)
			Commercial				Commercial
			Mortgage				Other
	Category		3/31/14		12/31/13		3/31/14		12/31/13
	Pass		$	57,011	$	58,765	$	10,597	$	11,424
	5			10,345		11,468		2,347		2,480
	6			7,721		6,657		585		722
	7			74		74		-		-
	Total		$	75,151	$	76,964	$	13,529	$	14,626
	Consumer Credit Exposure
	Credit risk by credit worthiness category
			(Dollars in thousands)
			Residential				Consumer				Consumer				Consumer
			Real Estate				Equity				Auto				Other
	Category		3/31/14		12/31/13		3/31/14		12/31/13		3/31/14		12/31/13		3/31/14		12/31/13
	Pass		$	33,629	$	32,201	$	7,285	$	7,351	$	11,343	$	11,908	$	1,608	$	1,738
	5			578		792		83		210		64		62		-		-
	6			546		1,004		101		105		62		53		-		-
	7			-		-		-		-		3		3		-		-
	Total		$	34,753	$	33,997	$	7,469	$	7,666	$	11,472	$	12,026	$	1,608	$	1,738
Loans evaluated for impairment include loans classified as troubled debt restructurings and non-performing commercial, mortgage and consumer loans. The following tables set forth certain information regarding the Bank’s impaired loans by class, segregated by those for which a specific allowance was required and those for which a specific allowance was not necessary for the periods indicated:
		(Dollars in thousands)
				Unpaid
		Recorded		Principal		Related
		Investment		Balance		Allowance
31-Mar-14
With no related allowance recorded:
Commercial mortgage		$	8,446	$	9,191	$	-
Commercial other			402		524		-
Residential real estate			120		167		-
Consumer equity			101		104		-
Consumer auto			136		140		-
Subtotal			9,205		10,126		-
With an allowance recorded:
Commercial mortgage		$	1,930	$	2,762	$	850
Commercial other			229		235		208
Residential real estate			620		621		100
Consumer equity			155		156		54
Consumer auto			-		-		-
Subtotal			2,934		3,774		1,212
Total		$	12,139	$	13,900	$	1,212
				Unpaid
		Recorded		Principal		Related
		Investment		Balance		Allowance
31-Dec-13
With no related allowance recorded:
Commercial mortgage		$	6,824	$	7,048	$	-
Commercial other			113		115		-
Residential real estate			558		615		-
Consumer equity			96		97		-
Consumer auto			132		135		-
Subtotal			7,723		8,010		-
With an allowance recorded:
Commercial mortgage			2,352		3,629		624
Commercial other			656		792		447
Residential real estate			452		455		84
Consumer equity			165		166		53
Consumer auto			9		9		2
Subtotal			3,634		5,051		1,210
Total		$	11,357	$	13,061	$	1,210
The following tables present the average recorded investments in impaired loans and the amount of interest income recognized on impaired loans after impairment by class for the periods indicated.
		(Dollars in thousands)
			No Related			With Related
			Allowance Recorded			Allowance Recorded				Total
				Total				Total				Total
		Average		Interest		Average		Interest		Average		Interest
		Recorded		Income		Recorded		Income		Recorded		Income
		Investment		Recognized		Investment		Recognized		Investment		Recognized
Three Month Period
Ended March 31, 2014
Commercial:
Mortgage		$	7,635	$	36	$	2,141	$	-	$	9,776	$	36
Other			258		1		443		-		701		1
Residential Real Estate			339		1		536		7		875		8
Consumer:											-		-
Equity			98		-		160		2		258		2
Auto			134		4		4		-		138		4
Other			-		-		-		-		-		-
Total		$	8,464	$	42	$	3,284	$	9	$	11,748	$	51
Year Ended
31-Dec-13
Commercial:
Mortgage		$	4,014	$	148	$	3,118	$	-	$	7,132	$	148
Other			2,454		4		951		-		3,405		4
Residential Real Estate			699		3		286		18		985		21
Consumer:
Equity			51		-		167		11		218		11
Auto			175		11		5		-		180		11
Other			15		-		-		-		15		-
Total		$	7,408	$	166	$	4,527	$	29	$	11,935	$	195
The following table summarizes information relative to loan modifications determined to be troubled debt restructurings (TDRs) during the three months ended March 31, 2014. There were no troubled debt restructurings during the three months ended March 31, 2013.
				(Dollars in thousands)
				Pre-Modification		Post-Modification
		Number		Outstanding		Outstanding
		of		Recorded		Recorded
		TDRs		Investment (1)		Investment
31-Mar-14
Commercial mortgage			3	$	310	$	310
Residential mortgage			2		187		187
Consumer auto			1		1		1
Unsecured			1		-		-
Total			7	$	498	$	498
	-1	– Pre-modification balance is calculated using the loan balance on the day prior to modification as TDR.
A modification of a loan constitutes a TDR when a borrower is experiencing financial difficulty and the modification constitutes a concession. The Bank offers various types of concessions when modifying a loan. Loan terms that may be modified due to a borrower’s financial situation include, but are not limited to, a reduction in the stated interest rate, a reduction in the face amount of the debt, a reduction of the accrued interest, temporary interest-only payments, or re-aging, extensions, deferrals, renewals and rewrites. In mitigation, additional collateral, a co-borrower or a guarantor may be requested.
During the three month period ended March 31, 2014 loans were modified by either a reduction in rates or a change in the contractual maturity date of the note. Two loans were modified with reduced interest rates and the contractual maturity date of five loans was extended.
Loans modified in a TDR may already be on nonaccrual status and partial charge-offs may have in some cases been taken against the outstanding loan balance. The allowance for impaired loans that has been modified in a TDR is measured based on the estimated fair value of the collateral, less any selling costs, if the loan is collateral dependent or on the present value of expected future cash flows, discounted at the loan’s original effective interest rate. Management exercises significant judgment in developing these determinations.
There has been one loan totaling $179,000 which was modified as a TDR within the previous twelve months that has subsequently defaulted as of March 31, 2014.
The following table presents the loan portfolio by class summarized by aging categories, at March 31, 2014 and December 31, 2013:
		(Dollars in thousands)												Recorded
														Investment
		30-59		60-89		>90								>90 Days
		Days		Days		Days		Total				Total		and
		Past Due		Past Due		Past Due		Past Due		Current		Loans		Accruing
31-Mar-14
Commercial:
Mortgage		$	2,473	$	32	$	4,517	$	7,022	$	68,129	$	75,151	$	41
Other			167		-		29		196		13,333		13,529		-
Residential real estate			314		3		170		487		34,266		34,753		-
Consumer:											-
Equity			36		8		16		60		7,409		7,469		-
Auto			61		10		8		79		11,393		11,472		-
Other			7		2		10		19		1,589		1,608		10
Total		$	3,058	$	55	$	4,750	$	7,863	$	136,119	$	143,982	$	51
31-Dec-13
Commercial:
Mortgage		$	1,923	$	203	$	3,153	$	5,279	$	71,685	$	76,964	$	-
Other			140		74		174		388		14,238		14,626		-
Residential real estate			639		156		259		1,054		32,943		33,997		-
Consumer:
Equity			81		16		-		97		7,569		7,666		-
Auto			46		11		-		57		11,969		12,026		-
Other			71		60		-		131		1,607		1,738		-
Total		$	2,900	$	520	$	3,586	$	7,006	$	140,011	$	147,017	$	-
The following summarizes by loan class, the loans on nonaccrual status at March 31, 2014 and December 31, 2013:
		(Dollars in thousands)
		March 31,		December 31,
		2014		2013
Commercial:
Mortgage		$	7,321	$	6,443
Other			584		529
Residential real estate			224		680
Consumer:
Equity			101		105
Auto			42		31
Other			-		-
Total		$	8,272	$	7,788

FAIR_VALUES_OF_FINANCIAL_INSTR

FAIR VALUES OF FINANCIAL INSTRUMENTS	3 Months Ended
	Mar. 31, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Disclosures [Text Block]	'
	NOTE 5 - FAIR VALUES OF FINANCIAL INSTRUMENTS
	Fair Value Measurements and Disclosures of the FASB ASC, requires disclosure of fair value information about financial instruments, whether or not recognized in the balance sheet. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. In that regard, the derived fair value estimates cannot be substantiated by comparison to independent markets and, in many cases, could not be realized in immediate settlement of the instruments. Fair value accounting guidance excluded certain financial instruments and all nonfinancial instruments from its disclosure requirements. Accordingly, the aggregate fair value amounts presented do not represent the underlying value of the Company.
	The following methods and assumptions were used by the Company in estimating its fair value disclosures for financial instruments:
	Cash and cash equivalents: The carrying amounts reported in the balance sheet for cash and cash equivalents approximate those assets' fair values.
	Investment securities: Fair values for investment securities are based on quoted market prices, where available. If quoted market prices are not available, fair values are based on quoted market prices of comparable instruments. Other securities consist mainly of shares of Federal Home Loan Bank stock that do not have readily determinable fair values and are carried at cost.
	Loans: For variable-rate loans that re-price frequently and with no significant change in credit risk, fair values are based on carrying amounts. The fair values for other loans (for example, fixed rate commercial real estate and rental property mortgage loans and commercial and industrial loans) are estimated using discounted cash flow analysis, based on interest rates currently being offered for loans with similar terms to borrowers of similar credit quality. Loan fair value estimates include judgments regarding future expected loss experience and risk characteristics. Fair values for impaired loans are estimated using discounted cash flow analysis or underlying collateral values, where applicable.
	Deposits: The fair values disclosed for demand deposits are, by definition, equal to the amount payable on demand at the reporting date (that is, their carrying amounts). The carrying amounts of variable-rate, fixed-term money-market accounts and certificates of deposit approximate their fair values. Fair values for fixed -rate certificates of deposit are estimated using a discounted cash flow calculation that applies interest rates currently offered on certificates to a schedule of aggregated contractual expected monthly maturities on time deposits.
	Accrued interest: The carrying amounts of accrued interest approximate the fair values.
	Borrowed funds: The carrying amounts of borrowed funds which mature within 90 days approximate their fair values. The fair values of other borrowed funds are estimated using discounted cash flow analysis that applies interest rates currently offered on similar instruments.
	Fair Value Hierarchy
	The Company groups its financial assets and financial liabilities generally measured at fair value in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value.
	Level 1 – Valuation is based on quoted prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date. Level 1 assets and liabilities generally include debt and equity securities that are traded in an active exchange market. Valuations are obtained from readily available pricing sources for market transactions involving identical assets or liabilities.
	Level 2 – Valuation is based on inputs other than quoted prices included with Level 1 that are observable for the asset or liability, either directly or indirectly. The valuation may be based on quoted prices similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the asset or liability.
	Level 3 – Valuation is based on unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Level 3 assets and liabilities include financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which determination of fair value requires significant management judgment or estimation.
	A financial instrument’s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement.
	Assets and liabilities measured at fair value on a recurring basis are summarized below:
		(Dollars in thousands)
		Fair Value Measurements
		Using
		Quoted Prices in		Significant
		Active Markets		Other		Significant
		for Identical		Observable		Unobservable
		Assets/Liabilities		Inputs		Inputs
		(Level 1)		(Level 2)		(Level 3)
	31-Mar-14
	Assets:
	Available for sale securities
	U.S. government federal agencies	$	-	$	13,741	$	-
	State & local governments		-		7,302		-
	Mortgage backed securities		-		13,058		-
	31-Dec-13
	Assets:
	Available for sale securities
	U.S. government federal agencies	$	-	$	13,712	$	-
	State & local governments		-		7,339		-
	Mortgage backed securities		-		13,579		-
	Assets and liabilities measured at fair value on a non-recurring basis are summarized below:
		(Dollars in thousands)
		Fair Value Measurements
		Using
		Quoted Prices in		Significant
		Active Markets		Other		Significant
		for Identical		Observable		Unobservable
		Assets/Liabilities		Inputs		Inputs
		(Level 1)		(Level 2)		(Level 3)
	31-Mar-14
	Assets:
	Impaired loans	$	-	$	-	$	10,927
	Other real estate owned		-		-		1,514
	31-Dec-13
	Assets:
	Impaired loans	$	-	$	-	$	10,147
	Other real estate owned		-		-		2,532
	The estimated fair values of the Company's financial instruments are as follows:
						Quoted
		(Dollars in thousands)				Prices in
						Active
						Markets		Other		Significant
						for Identical		Observable		Unobservable
		Carrying		Fair		Assets/Liabilities		Inputs		Inputs
		Amount		Value		(Level 1)		(Level 2)		(Level 3)
	31-Mar-14
	Financial assets:
Cash and cash equivalents	$	19,311	$	19,311	$	-	$	19,311	$	-
Investment securities		34,101		34,101		-		34,101		-
Other investment securities		859		859		-		-		859
Loans, net		139,633		144,164		-		-		144,164
Accrued interest receivable		498		498		-		-		498
Financial liabilities:
Noninterest-bearing deposits	$	21,238	$	21,238	$	-	$	21,238	$	-
Interest-bearing deposits		160,848		160,983		-		160,983		-
Borrowed funds		6,309		6,309		-		6,309		-
Accrued interest payable		1,717		1,717		-		-		1,717
31-Dec-13
Financial assets:
Cash and cash equivalents	$	15,004	$	15,004	$	-	$	15,004	$	-
Investment securities		34,630		34,630		-		34,630		-
Other investment securities		859		859		-		-		859
Loans, net		142,633		147,703		-		-		147,703
Accrued interest receivable		446		446		-		-		446
Financial liabilities:
Noninterest-bearing deposits	$	20,539	$	20,539	$	-	$	20,539	$	-
Interest-bearing deposits		165,032		165,502		-		165,502		-
Borrowed funds		6,363		6,363		-		6,363		-
Accrued interest payable		1,935		1,935		-		-		1,935
The carrying amounts in the preceding table are included in the balance sheet under the applicable captions. No derivatives were held by the Company for trading purposes.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Nature of Operations [Text Block]	'
	Nature of Operations
	Citizens Independent Bancorp, Inc. (the Bancorp), a bank holding company for The Citizens Bank of Logan (the Bank), collectively referred to as the “Company” is engaged in the business of commercial and retail banking services with operations conducted through offices in Hocking, Athens and Fairfield counties. These communities and surrounding areas are the source of substantially all the Company's deposit and loan activities. Secured loans are secured by business assets, consumer assets, residential real estate and non-residential real estate. The majority of Company income is derived from commercial, real estate and retail lending activities and investments. Other financial instruments which potentially represent concentrations of credit risk include deposit accounts in other financial institutions and federal funds sold.
Basis of Accounting, Policy [Policy Text Block]	'
	Basis of Financial Statement Presentation
	These consolidated financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) for interim financial information and with instructions to Form 10-Q and Article 8 of Regulation S-X.  Accordingly, they do not include all the information and footnotes required by GAAP for annual year-end financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation, have been included and are of a normal, recurring nature. The balance sheet as of December 31, 2013 has been derived from the audited financial statements at that date, but does not include all of the information and footnotes required by generally accepted accounting principles.  Operating results for the three month period ended March 31, 2014 are not necessarily indicative of the results that may be expected for the year ending December 31, 2014.
	The accounting and reporting policies of the Bancorp and the Bank conform to accounting principles generally accepted in the United States of America and to general practices followed within the banking industry.
	The consolidated balance sheet as of December 31, 2013 has been extracted from audited financial statements included in the Company’s Form 10-K filed for the year ended December 31, 2013. Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been omitted. These financial statements should be read in conjunction with the financial statements and notes thereto included in the Company’s 2013 Form 10-K.
Consolidation, Policy [Policy Text Block]	'
	Principles of Consolidation
	The consolidated financial statements include the accounts of Bancorp and Bank. The financial statements of the Bank include the accounts of its wholly-owned subsidiaries, Countywide Mortgage Company and Countywide Loan Company. Citizens Travel Center was closed in third quarter, 2013. The balance sheet and statement of income for the Citizens Travel Center were immaterial to the 2013 consolidated financial statements. All significant intercompany transactions and balances have been eliminated.
New Accounting Pronouncements, Policy [Policy Text Block]	'
	Recent Accounting Pronouncements
	In July 2013, the FASB issued ASU 2013-11, Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. This Update applies to all entities that have unrecognized tax benefits when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists at the reporting date. An unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward, except as follows. To the extent a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position or the tax law of the applicable jurisdiction does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. The assessment of whether a deferred tax asset is available is based on the unrecognized tax benefit and deferred tax asset that exist at the reporting date and should be made presuming disallowance of the tax position at the reporting date. The amendments in this Update are effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. The adoption of this pronouncement did not have a material effect on the consolidated financial statements.
	Stock Offering
	On October 25, 2013, we commenced an offering for the sale of up to 369,754 of our common shares, without par value, at a subscription price of $15.39 per share (up to $5,690,514), which subscription price was intended to be equal to 90% of the book value per share of the Company on September 30, 2013. The offering has two components, a rights offering, which expired on January 31, 2014, followed by a public offering. Pursuant to the terms of the offering, if the Company does not receive aggregate subscriptions for at least $2,500,000 in the rights offering and the public offering before the expiration of the public offering (the “Minimum Subscription Condition”), the offering would be terminated, all subscriptions would be rejected and all subscription amounts received in the rights offering and the public offering would be returned to the subscribers.
	During the 2013 year-end accounting process, the Company discovered an accounting error in the reconciliation of the ATM settlement account that relates to 2012. Essentially a programming error resulted in undercollection of ATM fees due to the Bank. As a result of this program error, net income for 2012 was overstated by $344,000. To correct the error and as reported by the Company in a Form 8-K filed with the Securities and Exchange Commission on March 11, 2014, the Company restated its books for 2012, increasing the net loss previously reported by $344,000. This increased net loss for 2012 caused a reduction in the per share book value of the Company as of September 30, 2013 from $17.10 to $16.10.
	The Company has filed correspondence with the Securities and Exchange Commission (SEC) regarding its proposal to address this restatement and its effect on the price of shares being offered. The Company will public ally announce its plans when they are finalized.
	The Company originally intended to continue the public offering at the new $14.49 per share subscription price until March 31, 2014; however, because of the rescission right being offered to investors that continues until May 31, 2014, the Board of Directors of the Company believes that it is appropriate to extend the public offering period until June 15, 2014. The Board of Directors also believes that it is unlikely that subscribers in the offering will exercise rescission rights in sufficient volume to cause the total amount raised by the Company in the offering (including the amount raised during the remaining period of the public offering) to be less than the $2,500,000 Minimum Subscription Condition. However, in the event that higher than expected rescissions cause the Minimum Subscription Condition not to be satisfied at the time of the expiration of the public offering, the Company will return to each subscriber his or her subscription amount promptly following such expiration (upon presentment of the stock certificate(s) that were issued to such subscriber in the offering). In such event, the Company will need to examine other alternatives to raising capital.

EARNINGS_PER_COMMON_SHARE_Tabl

EARNINGS PER COMMON SHARE (Tables)	3 Months Ended
	Mar. 31, 2014
Earnings Per Share [Abstract]	'
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	'
	The factors used in the earnings per share computation for the three month periods ended March 31, 2014 and 2013 follow:
		(Dollars in thousands, except
		per share data)
		2014		2013
	Net income	$	301	$	127
	Weighted average common shares outstanding		444,005		317,025
	Basic and diluted earnings per common share	$	0.68	$	0.4

INVESTMENT_SECURITIES_Tables

INVESTMENT SECURITIES (Tables)	3 Months Ended
	Mar. 31, 2014
Investments, Debt and Equity Securities [Abstract]	'
Available-for-sale Securities [Table Text Block]	'
	The amortized cost of securities and their approximate fair values are as follows:
		(Dollars in thousands)
		March 31, 2014								December 31, 2013
		Amortized		Gross		Gross		Fair		Amortized		Gross		Gross		Fair
		Cost		Unrealized		Unrealized		Value		Cost		Unrealized		Unrealized		Value
				Gains		Losses						Gains		Losses
	U.S. government Federal agencies	$	13,929	$	9	$	-197	$	13,741	$	13,937	$	8	$	-233	$	13,712
	State and local governments		7,011		294		-3		7,302		7,015		334		-10		7,339
	Mortgage backed securities		13,222		41		-205		13,058		13,831		36		-288		13,579
	Total	$	34,162	$	344	$	-405	$	34,101	$	34,783	$	378	$	-531	$	34,630
Investments Classified by Contractual Maturity Date [Table Text Block]	'
	The following is a summary of maturities of securities available-for-sale as of March 31, 2014:
		(Dollars in thousands)
		Securities available for sale
		Amortized		Fair
		Cost		Value
	Amounts maturing in:
	One year or less	$	648	$	657
	After one year through five years		17,924		17,999
	After five years through ten years		3,350		3,373
	After ten years		12,240		12,072
	Total	$	34,162	$	34,101
Schedule of Unrealized Loss on Investments [Table Text Block]	'
	Information pertaining to securities with gross unrealized losses at March 31, 2014 and December 31, 2013, aggregated by investment category and length of time that individual securities have been in a continuous loss position, follows:
		(Dollars in thousands)
		Less than 12 months				12 months or greater				Total
		Fair		Gross		Fair		Gross		Fair		Gross
		Value		Unrealized		Value		Unrealized		Value		Unrealized
				Losses				Losses				Losses
	31-Mar-14
	U.S. government Federal agencies	$	11,444	$	-197	$	-	$	-	$	11,444	$	-197
	State and local governments		576		-3		-		-		576		-3
	Mortgage backed securities		8,540		-205		-		-		8,540		-205
	Total	$	20,560	$	-405	$	-	$	-	$	20,560	$	-405
	31-Dec-13
	U.S. government Federal agencies		12,416		-233		-		-		12,416		-233
	State and local governments		570		-10		-		-		570		-10
	Mortgage backed securities		9,791		-288		-		-		9,791		-288
	Total	$	22,777	$	-531	$	-	$	-	$	22,777	$	-531

LOANS_AND_ALLOWANCE_FOR_LOAN_L1

LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)	3 Months Ended
	Mar. 31, 2014
Receivables [Abstract]	'
Allowance for Credit Losses on Financing Receivables [Table Text Block]	'
	The following tables provide information on the activity in the allowance for loan losses by the respective loan portfolio segment for the three month periods indicated:
			(Dollars in thousands)
			March 31,		March 31,
			2014		2013
	Allowance at beginning of period		$	4,384	$	5,204
	Provision for credit losses			0		166
	Charge-offs:
	Commercial			7		6
	Real Estate			28		49
	Consumer			64		90
	Total charge-offs		$	99	$	145
	Recoveries
	Commercial			44		8
	Real Estate			5		1
	Consumer			15		5
	Total Recoveries			64		14
	Ending allowance		$	4,349	$	5,239
Impaired Financing Receivables [Table Text Block]	'
	The following tables present the recorded investment with respect to loans and the related allowance by portfolio segment at the dates indicated:
			(Dollars in thousands)
			Collectively Evaluated				Individually Evaluated				Total
			Allowance		Recorded		Allowance		Recorded		Allowance		Recorded
			for loan		investment		for loan		investment		for loan		investment
			losses		in loans		losses		in loans		losses		in loans
	31-Mar-14
	Commercial		$	2,794	$	77,673	$	1,058	$	11,007	$	3,852	$	88,680
	Real estate			149		34,013		100		740		249		34,753
	Consumer			194		20,157		54		392		248		20,549
	Total		$	3,137	$	131,843	$	1,212	$	12,139	$	4,349	$	143,982
	31-Dec-13
	Commercial		$	2,802	$	81,716	$	1,071	$	9,874	$	3,873	$	91,590
	Real estate			183		33,219		84		778		267		33,997
	Consumer			189		21,183		55		247		244		21,430
	Total		$	3,174	$	136,118	$	1,210	$	10,899	$	4,384	$	147,017
Financing Receivable Credit Quality Indicators [Table Text Block]	'
	Commercial Credit Exposure
	Credit risk profile by credit worthiness category
			(Dollars in thousands)
			Commercial				Commercial
			Mortgage				Other
	Category		3/31/14		12/31/13		3/31/14		12/31/13
	Pass		$	57,011	$	58,765	$	10,597	$	11,424
	5			10,345		11,468		2,347		2,480
	6			7,721		6,657		585		722
	7			74		74		-		-
	Total		$	75,151	$	76,964	$	13,529	$	14,626
	Consumer Credit Exposure
	Credit risk by credit worthiness category
			(Dollars in thousands)
			Residential				Consumer				Consumer				Consumer
			Real Estate				Equity				Auto				Other
	Category		3/31/14		12/31/13		3/31/14		12/31/13		3/31/14		12/31/13		3/31/14		12/31/13
	Pass		$	33,629	$	32,201	$	7,285	$	7,351	$	11,343	$	11,908	$	1,608	$	1,738
	5			578		792		83		210		64		62		-		-
	6			546		1,004		101		105		62		53		-		-
	7			-		-		-		-		3		3		-		-
	Total		$	34,753	$	33,997	$	7,469	$	7,666	$	11,472	$	12,026	$	1,608	$	1,738
Impaired Financing Receivables Segregated By With And Without Allowance Recorded [Table Text Block]	'
	The following tables set forth certain information regarding the Bank’s impaired loans by class, segregated by those for which a specific allowance was required and those for which a specific allowance was not necessary for the periods indicated:
			(Dollars in thousands)
					Unpaid
			Recorded		Principal		Related
			Investment		Balance		Allowance
	31-Mar-14
	With no related allowance recorded:
	Commercial mortgage		$	8,446	$	9,191	$	-
	Commercial other			402		524		-
	Residential real estate			120		167		-
	Consumer equity			101		104		-
	Consumer auto			136		140		-
	Subtotal			9,205		10,126		-
	With an allowance recorded:
	Commercial mortgage		$	1,930	$	2,762	$	850
	Commercial other			229		235		208
	Residential real estate			620		621		100
	Consumer equity			155		156		54
	Consumer auto			-		-		-
	Subtotal			2,934		3,774		1,212
	Total		$	12,139	$	13,900	$	1,212
					Unpaid
			Recorded		Principal		Related
			Investment		Balance		Allowance
	31-Dec-13
	With no related allowance recorded:
	Commercial mortgage		$	6,824	$	7,048	$	-
	Commercial other			113		115		-
	Residential real estate			558		615		-
	Consumer equity			96		97		-
	Consumer auto			132		135		-
	Subtotal			7,723		8,010		-
	With an allowance recorded:
	Commercial mortgage			2,352		3,629		624
	Commercial other			656		792		447
	Residential real estate			452		455		84
	Consumer equity			165		166		53
	Consumer auto			9		9		2
	Subtotal			3,634		5,051		1,210
	Total		$	11,357	$	13,061	$	1,210
Impaired Financing Receivables Segregated By Portfolio Segment And Class [Table Text Block]	'
	The following tables present the average recorded investments in impaired loans and the amount of interest income recognized on impaired loans after impairment by class for the periods indicated.
			(Dollars in thousands)
				No Related			With Related
				Allowance Recorded			Allowance Recorded				Total
					Total				Total				Total
			Average		Interest		Average		Interest		Average		Interest
			Recorded		Income		Recorded		Income		Recorded		Income
			Investment		Recognized		Investment		Recognized		Investment		Recognized
	Three Month Period
	Ended March 31, 2014
	Commercial:
	Mortgage		$	7,635	$	36	$	2,141	$	-	$	9,776	$	36
	Other			258		1		443		-		701		1
	Residential Real Estate			339		1		536		7		875		8
	Consumer:											-		-
	Equity			98		-		160		2		258		2
	Auto			134		4		4		-		138		4
	Other			-		-		-		-		-		-
	Total		$	8,464	$	42	$	3,284	$	9	$	11,748	$	51
	Year Ended
	31-Dec-13
	Commercial:
	Mortgage		$	4,014	$	148	$	3,118	$	-	$	7,132	$	148
	Other			2,454		4		951		-		3,405		4
	Residential Real Estate			699		3		286		18		985		21
	Consumer:
	Equity			51		-		167		11		218		11
	Auto			175		11		5		-		180		11
	Other			15		-		-		-		15		-
	Total		$	7,408	$	166	$	4,527	$	29	$	11,935	$	195
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	'
	The following table summarizes information relative to loan modifications determined to be troubled debt restructurings (TDRs) during the three months ended March 31, 2014. There were no troubled debt restructurings during the three months ended March 31, 2013.
					(Dollars in thousands)
					Pre-Modification		Post-Modification
			Number		Outstanding		Outstanding
			of		Recorded		Recorded
			TDRs		Investment (1)		Investment
	31-Mar-14
	Commercial mortgage			3	$	310	$	310
	Residential mortgage			2		187		187
	Consumer auto			1		1		1
	Unsecured			1		-		-
	Total			7	$	498	$	498
		-1	– Pre-modification balance is calculated using the loan balance on the day prior to modification as TDR.
Past Due Financing Receivables [Table Text Block]	'
	The following table presents the loan portfolio by class summarized by aging categories, at March 31, 2014 and December 31, 2013:
			(Dollars in thousands)												Recorded
															Investment
			30-59		60-89		>90								>90 Days
			Days		Days		Days		Total				Total		and
			Past Due		Past Due		Past Due		Past Due		Current		Loans		Accruing
	31-Mar-14
	Commercial:
	Mortgage		$	2,473	$	32	$	4,517	$	7,022	$	68,129	$	75,151	$	41
	Other			167		-		29		196		13,333		13,529		-
	Residential real estate			314		3		170		487		34,266		34,753		-
	Consumer:											-
	Equity			36		8		16		60		7,409		7,469		-
	Auto			61		10		8		79		11,393		11,472		-
	Other			7		2		10		19		1,589		1,608		10
	Total		$	3,058	$	55	$	4,750	$	7,863	$	136,119	$	143,982	$	51
	31-Dec-13
	Commercial:
	Mortgage		$	1,923	$	203	$	3,153	$	5,279	$	71,685	$	76,964	$	-
	Other			140		74		174		388		14,238		14,626		-
	Residential real estate			639		156		259		1,054		32,943		33,997		-
	Consumer:
	Equity			81		16		-		97		7,569		7,666		-
	Auto			46		11		-		57		11,969		12,026		-
	Other			71		60		-		131		1,607		1,738		-
	Total		$	2,900	$	520	$	3,586	$	7,006	$	140,011	$	147,017	$	-
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	'
	The following summarizes by loan class, the loans on nonaccrual status at March 31, 2014 and December 31, 2013:
			(Dollars in thousands)
			March 31,		December 31,
			2014		2013
	Commercial:
	Mortgage		$	7,321	$	6,443
	Other			584		529
	Residential real estate			224		680
	Consumer:
	Equity			101		105
	Auto			42		31
	Other			-		-
	Total		$	8,272	$	7,788

FAIR_VALUES_OF_FINANCIAL_INSTR1

FAIR VALUES OF FINANCIAL INSTRUMENTS (Tables)	3 Months Ended
	Mar. 31, 2014
Fair Value Disclosures [Abstract]	'
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	'
	Assets and liabilities measured at fair value on a recurring basis are summarized below:
		(Dollars in thousands)
		Fair Value Measurements
		Using
		Quoted Prices in		Significant
		Active Markets		Other		Significant
		for Identical		Observable		Unobservable
		Assets/Liabilities		Inputs		Inputs
		(Level 1)		(Level 2)		(Level 3)
	31-Mar-14
	Assets:
	Available for sale securities
	U.S. government federal agencies	$	-	$	13,741	$	-
	State & local governments		-		7,302		-
	Mortgage backed securities		-		13,058		-
	31-Dec-13
	Assets:
	Available for sale securities
	U.S. government federal agencies	$	-	$	13,712	$	-
	State & local governments		-		7,339		-
	Mortgage backed securities		-		13,579		-
Fair Value Measurements, Nonrecurring [Table Text Block]	'
	Assets and liabilities measured at fair value on a non-recurring basis are summarized below:
		(Dollars in thousands)
		Fair Value Measurements
		Using
		Quoted Prices in		Significant
		Active Markets		Other		Significant
		for Identical		Observable		Unobservable
		Assets/Liabilities		Inputs		Inputs
		(Level 1)		(Level 2)		(Level 3)
	31-Mar-14
	Assets:
	Impaired loans	$	-	$	-	$	10,927
	Other real estate owned		-		-		1,514
	31-Dec-13
	Assets:
	Impaired loans	$	-	$	-	$	10,147
	Other real estate owned		-		-		2,532
Fair Value, by Balance Sheet Grouping [Table Text Block]	'
	The estimated fair values of the Company's financial instruments are as follows:
						Quoted
		(Dollars in thousands)				Prices in
						Active
						Markets		Other		Significant
						for Identical		Observable		Unobservable
		Carrying		Fair		Assets/Liabilities		Inputs		Inputs
		Amount		Value		(Level 1)		(Level 2)		(Level 3)
	31-Mar-14
	Financial assets:
	Cash and cash equivalents	$	19,311	$	19,311	$	-	$	19,311	$	-
	Investment securities		34,101		34,101		-		34,101		-
	Other investment securities		859		859		-		-		859
	Loans, net		139,633		144,164		-		-		144,164
	Accrued interest receivable		498		498		-		-		498
	Financial liabilities:
	Noninterest-bearing deposits	$	21,238	$	21,238	$	-	$	21,238	$	-
	Interest-bearing deposits		160,848		160,983		-		160,983		-
	Borrowed funds		6,309		6,309		-		6,309		-
	Accrued interest payable		1,717		1,717		-		-		1,717
	31-Dec-13
	Financial assets:
	Cash and cash equivalents	$	15,004	$	15,004	$	-	$	15,004	$	-
	Investment securities		34,630		34,630		-		34,630		-
	Other investment securities		859		859		-		-		859
	Loans, net		142,633		147,703		-		-		147,703
	Accrued interest receivable		446		446		-		-		446
	Financial liabilities:
	Noninterest-bearing deposits	$	20,539	$	20,539	$	-	$	20,539	$	-
	Interest-bearing deposits		165,032		165,502		-		165,502		-
	Borrowed funds		6,363		6,363		-		6,363		-
	Accrued interest payable		1,935		1,935		-		-		1,935

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) (USD $)	3 Months Ended		9 Months Ended	1 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Sep. 30, 2013	Oct. 25, 2013
				Stock Offering [Member]
Summary Of Significant Accounting Policies [Line Items]	'	'	'	'
Sale Of Stock Percentage Of Subscription Price	'	'	'	90.00%
Common Stock, Par or Stated Value Per Share, Subscription	$14.49	'	'	'
Stock Issued During Period, Shares, New Issues	'	'	'	369,754
Sale of Stock, Price Per Share	'	'	'	$15.39
Stock Issued During Period, Value, New Issues	3,063,000	0	'	5,690,514
Common Stock, Value, Subscriptions	'	'	'	2,500,000
Restatement of Prior Year Income, Net of Tax, Total	$344,000	'	'	'
Impact of Restatement on Earnings Per Share, Basic	$16.10	'	$17.10	'

EARNINGS_PER_COMMON_SHARE_Deta

EARNINGS PER COMMON SHARE (Details) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]	'	'
Net income	$301	$127
Weighted average common shares outstanding (in shares)	444,005	317,025
Basic and diluted earnings per common share (in dollars per share)	$0.68	$0.40

INVESTMENT_SECURITIES_Details

INVESTMENT SECURITIES (Details) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale, Amortized Cost	$34,162	$34,783
Available-for-sale, Gross Unrealized Gains	344	378
Available-for-sale, Gross Unrealized Losses	-405	-531
Available-for-sale, Fair Value	34,101	34,630
U.S. government Federal agencies [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale, Amortized Cost	13,929	13,937
Available-for-sale, Gross Unrealized Gains	9	8
Available-for-sale, Gross Unrealized Losses	-197	-233
Available-for-sale, Fair Value	13,741	13,712
State & local Governments [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale, Amortized Cost	7,011	7,015
Available-for-sale, Gross Unrealized Gains	294	334
Available-for-sale, Gross Unrealized Losses	-3	-10
Available-for-sale, Fair Value	7,302	7,339
Mortgage backed Securities [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale, Amortized Cost	13,222	13,831
Available-for-sale, Gross Unrealized Gains	41	36
Available-for-sale, Gross Unrealized Losses	-205	-288
Available-for-sale, Fair Value	$13,058	$13,579

INVESTMENT_SECURITIES_Details_

INVESTMENT SECURITIES (Details 1) (USD $)	Mar. 31, 2014
In Thousands, unless otherwise specified
Securities available-for-sale, Amortized Cost, Amounts maturing in:	'
One year or less	$648
After one year through five years	17,924
After five years through ten years	3,350
After ten years	12,240
Total	34,162
Securities available-for-sale, Fair Value, Amounts maturing in:	'
One year or less	657
After one year through five years	17,999
After five years through ten years	3,373
After ten years	12,072
Total	$34,101

INVESTMENT_SECURITIES_Details_1

INVESTMENT SECURITIES (Details 2) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 months Fair value	$20,560	$22,777
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 months Gross unrealized losses	-405	-531
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or greater Fair value	0	0
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or greater Gross unrealized Losses	0	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Total Fair Value	20,560	22,777
Available-for-sale Securities, Continuous Unrealized Loss Position, Total Gross unrealized losses	-405	-531
U.S. government Federal agencies [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 months Fair value	11,444	12,416
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 months Gross unrealized losses	-197	-233
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or greater Fair value	0	0
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or greater Gross unrealized Losses	0	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Total Fair Value	11,444	12,416
Available-for-sale Securities, Continuous Unrealized Loss Position, Total Gross unrealized losses	-197	-233
State & local Governments [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 months Fair value	576	570
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 months Gross unrealized losses	-3	-10
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or greater Fair value	0	0
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or greater Gross unrealized Losses	0	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Total Fair Value	576	570
Available-for-sale Securities, Continuous Unrealized Loss Position, Total Gross unrealized losses	-3	-10
Mortgage backed Securities [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 months Fair value	8,540	9,791
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 months Gross unrealized losses	-205	-288
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or greater Fair value	0	0
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or greater Gross unrealized Losses	0	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Total Fair Value	8,540	9,791
Available-for-sale Securities, Continuous Unrealized Loss Position, Total Gross unrealized losses	($205)	($288)

INVESTMENT_SECURITIES_Details_2

INVESTMENT SECURITIES (Details Textual) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale Securities Pledged as Collateral	$32,635,000	$31,835,000

LOANS_AND_ALLOWANCE_FOR_LOAN_L2

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Loans And Allowance For Loan Losses [Line Items]	'	'
Allowance at beginning of period	$4,384	$5,204
Provision for credit losses	0	166
Total charge-offs	99	145
Total Recoveries	64	14
Allowance at End of period	4,349	5,239
Commercial [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Allowance at beginning of period	3,873	'
Total charge-offs	7	6
Total Recoveries	44	8
Allowance at End of period	3,852	'
Real estate [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Allowance at beginning of period	267	'
Total charge-offs	28	49
Total Recoveries	5	1
Allowance at End of period	249	'
Consumer [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Allowance at beginning of period	244	'
Total charge-offs	64	90
Total Recoveries	15	5
Allowance at End of period	$248	'

LOANS_AND_ALLOWANCE_FOR_LOAN_L3

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 1) (USD $)	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Loans And Allowance For Loan Losses [Line Items]	'	'	'	'
Collectively Evaluated, Allowance for loan losses	$3,137	$3,174	'	'
Collectively Evaluated, Recorded investment in loans	131,843	136,118	'	'
Individually Evaluated, Allowance for loan losses	1,212	1,210	'	'
Individually Evaluated, Recorded investment in loans	12,139	10,899	'	'
Total Allowance for loan losses	4,349	4,384	5,239	5,204
Total Recorded investment in loans	143,982	147,017	'	'
Commercial [Member]	'	'	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'	'	'
Collectively Evaluated, Allowance for loan losses	2,794	2,802	'	'
Collectively Evaluated, Recorded investment in loans	77,673	81,716	'	'
Individually Evaluated, Allowance for loan losses	1,058	1,071	'	'
Individually Evaluated, Recorded investment in loans	11,007	9,874	'	'
Total Allowance for loan losses	3,852	3,873	'	'
Total Recorded investment in loans	88,680	91,590	'	'
Real estate [Member]	'	'	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'	'	'
Collectively Evaluated, Allowance for loan losses	149	183	'	'
Collectively Evaluated, Recorded investment in loans	34,013	33,219	'	'
Individually Evaluated, Allowance for loan losses	100	84	'	'
Individually Evaluated, Recorded investment in loans	740	778	'	'
Total Allowance for loan losses	249	267	'	'
Total Recorded investment in loans	34,753	33,997	'	'
Consumer [Member]	'	'	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'	'	'
Collectively Evaluated, Allowance for loan losses	194	189	'	'
Collectively Evaluated, Recorded investment in loans	20,157	21,183	'	'
Individually Evaluated, Allowance for loan losses	54	55	'	'
Individually Evaluated, Recorded investment in loans	392	247	'	'
Total Allowance for loan losses	248	244	'	'
Total Recorded investment in loans	$20,549	$21,430	'	'

LOANS_AND_ALLOWANCE_FOR_LOAN_L4

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 2) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	$143,982	$147,017
Commercial mortgage [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	75,151	76,964
Commercial mortgage [Member] | Pass [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	57,011	58,765
Commercial mortgage [Member] | Special Mention [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	10,345	11,468
Commercial mortgage [Member] | Substandard [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	7,721	6,657
Commercial mortgage [Member] | Doubtful [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	74	74
Commercial other [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	13,529	14,626
Commercial other [Member] | Pass [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	10,597	11,424
Commercial other [Member] | Special Mention [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	2,347	2,480
Commercial other [Member] | Substandard [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	585	722
Commercial other [Member] | Doubtful [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	0	0
Real estate residential [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	34,753	33,997
Real estate residential [Member] | Pass [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	33,629	32,201
Real estate residential [Member] | Special Mention [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	578	792
Real estate residential [Member] | Substandard [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	546	1,004
Real estate residential [Member] | Doubtful [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	0	0
Consumer equity [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	7,469	7,666
Consumer equity [Member] | Pass [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	7,285	7,351
Consumer equity [Member] | Special Mention [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	83	210
Consumer equity [Member] | Substandard [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	101	105
Consumer equity [Member] | Doubtful [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	0	0
Consumer auto [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	11,472	12,026
Consumer auto [Member] | Pass [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	11,343	11,908
Consumer auto [Member] | Special Mention [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	64	62
Consumer auto [Member] | Substandard [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	62	53
Consumer auto [Member] | Doubtful [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	3	3
Consumer Other [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	1,608	1,738
Consumer Other [Member] | Pass [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	1,608	1,738
Consumer Other [Member] | Special Mention [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	0	0
Consumer Other [Member] | Substandard [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	0	0
Consumer Other [Member] | Doubtful [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Total Loans	$0	$0

LOANS_AND_ALLOWANCE_FOR_LOAN_L5

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 3) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Loans And Allowance For Loan Losses [Line Items]	'	'
Recorded Investment, With no related allowance recorded	$9,205	$7,723
Unpaid Principal Balance, With no related allowance recorded	10,126	8,010
Related Allowance, With no related allowance recorded	0	0
Recorded Investment, With an allowance recorded	2,934	3,634
Unpaid Principal Balance, With an allowance recorded	3,774	5,051
Related Allowance, With an allowance recorded	1,212	1,210
Recorded Investment, Total	12,139	11,357
Unpaid Principal Balance, Total	13,900	13,061
Commercial mortgage [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Recorded Investment, With no related allowance recorded	8,446	6,824
Unpaid Principal Balance, With no related allowance recorded	9,191	7,048
Related Allowance, With no related allowance recorded	0	0
Recorded Investment, With an allowance recorded	1,930	2,352
Unpaid Principal Balance, With an allowance recorded	2,762	3,629
Related Allowance, With an allowance recorded	850	624
Commercial other [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Recorded Investment, With no related allowance recorded	402	113
Unpaid Principal Balance, With no related allowance recorded	524	115
Related Allowance, With no related allowance recorded	0	0
Recorded Investment, With an allowance recorded	229	656
Unpaid Principal Balance, With an allowance recorded	235	792
Related Allowance, With an allowance recorded	208	447
Residential real estate [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Recorded Investment, With no related allowance recorded	120	558
Unpaid Principal Balance, With no related allowance recorded	167	615
Related Allowance, With no related allowance recorded	0	0
Recorded Investment, With an allowance recorded	620	452
Unpaid Principal Balance, With an allowance recorded	621	455
Related Allowance, With an allowance recorded	100	84
Consumer equity [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Recorded Investment, With no related allowance recorded	101	96
Unpaid Principal Balance, With no related allowance recorded	104	97
Related Allowance, With no related allowance recorded	0	0
Recorded Investment, With an allowance recorded	155	165
Unpaid Principal Balance, With an allowance recorded	156	166
Related Allowance, With an allowance recorded	54	53
Consumer auto [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Recorded Investment, With no related allowance recorded	136	132
Unpaid Principal Balance, With no related allowance recorded	140	135
Related Allowance, With no related allowance recorded	0	0
Recorded Investment, With an allowance recorded	0	9
Unpaid Principal Balance, With an allowance recorded	0	9
Related Allowance, With an allowance recorded	$0	$2

LOANS_AND_ALLOWANCE_FOR_LOAN_L6

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 4) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Loans And Allowance For Loan Losses [Line Items]	'	'
Average Recorded Investment, With No Related Allowance Recorded	$8,464	$7,408
Total Interest Income Recognized, With No Related Allowance Recorded	42	166
Average Recorded Investment, With Related Allowance Recorded	3,284	4,527
Total Interest Income Recognized, With Related Allowance Recorded	9	29
Total Average Recorded Investment	11,748	11,935
Total Interest Income Recognized	51	195
Commercial mortgage [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Average Recorded Investment, With No Related Allowance Recorded	7,635	4,014
Total Interest Income Recognized, With No Related Allowance Recorded	36	148
Average Recorded Investment, With Related Allowance Recorded	2,141	3,118
Total Interest Income Recognized, With Related Allowance Recorded	0	0
Total Average Recorded Investment	9,776	7,132
Total Interest Income Recognized	36	148
Commercial other [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Average Recorded Investment, With No Related Allowance Recorded	258	2,454
Total Interest Income Recognized, With No Related Allowance Recorded	1	4
Average Recorded Investment, With Related Allowance Recorded	443	951
Total Interest Income Recognized, With Related Allowance Recorded	0	0
Total Average Recorded Investment	701	3,405
Total Interest Income Recognized	1	4
Residential real estate [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Average Recorded Investment, With No Related Allowance Recorded	339	699
Total Interest Income Recognized, With No Related Allowance Recorded	1	3
Average Recorded Investment, With Related Allowance Recorded	536	286
Total Interest Income Recognized, With Related Allowance Recorded	7	18
Total Average Recorded Investment	875	985
Total Interest Income Recognized	8	21
Consumer equity [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Average Recorded Investment, With No Related Allowance Recorded	98	51
Total Interest Income Recognized, With No Related Allowance Recorded	0	0
Average Recorded Investment, With Related Allowance Recorded	160	167
Total Interest Income Recognized, With Related Allowance Recorded	2	11
Total Average Recorded Investment	258	218
Total Interest Income Recognized	2	11
Consumer auto [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Average Recorded Investment, With No Related Allowance Recorded	134	175
Total Interest Income Recognized, With No Related Allowance Recorded	4	11
Average Recorded Investment, With Related Allowance Recorded	4	5
Total Interest Income Recognized, With Related Allowance Recorded	0	0
Total Average Recorded Investment	138	180
Total Interest Income Recognized	4	11
Consumer Other [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Average Recorded Investment, With No Related Allowance Recorded	0	15
Total Interest Income Recognized, With No Related Allowance Recorded	0	0
Average Recorded Investment, With Related Allowance Recorded	0	0
Total Interest Income Recognized, With Related Allowance Recorded	0	0
Total Average Recorded Investment	0	15
Total Interest Income Recognized	$0	$0

LOANS_AND_ALLOWANCE_FOR_LOAN_L7

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 5) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014
Loans And Allowance For Loan Losses [Line Items]	'
Number of TDRs	7
Pre-Modification Outstanding Recorded Investment	$498	[1]
Post-Modification Outstanding Recorded Investment	498
Commercial mortgage [Member]	'
Loans And Allowance For Loan Losses [Line Items]	'
Number of TDRs	3
Pre-Modification Outstanding Recorded Investment	310	[1]
Post-Modification Outstanding Recorded Investment	310
Residential Mortgage [Member]	'
Loans And Allowance For Loan Losses [Line Items]	'
Number of TDRs	2
Pre-Modification Outstanding Recorded Investment	187	[1]
Post-Modification Outstanding Recorded Investment	187
Consumer auto [Member]	'
Loans And Allowance For Loan Losses [Line Items]	'
Number of TDRs	1
Pre-Modification Outstanding Recorded Investment	1	[1]
Post-Modification Outstanding Recorded Investment	1
Unsecured [Member]	'
Loans And Allowance For Loan Losses [Line Items]	'
Number of TDRs	1
Pre-Modification Outstanding Recorded Investment	0	[1]
Post-Modification Outstanding Recorded Investment	$0
[1]	Pre-modification balance is calculated using the loan balance on the day prior to modification as TDR.

LOANS_AND_ALLOWANCE_FOR_LOAN_L8

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 6) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Loans And Allowance For Loan Losses [Line Items]	'	'
30-59 Days Past Due	$3,058	$2,900
60-89 Days Past Due	55	520
>90 Days Past Due	4,750	3,586
Total Past Due	7,863	7,006
Current	136,119	140,011
Total Loans	143,982	147,017
Recorded Investment >90 Days and Accruing	51	0
Commercial mortgage [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
30-59 Days Past Due	2,473	1,923
60-89 Days Past Due	32	203
>90 Days Past Due	4,517	3,153
Total Past Due	7,022	5,279
Current	68,129	71,685
Total Loans	75,151	76,964
Recorded Investment >90 Days and Accruing	41	0
Commercial other [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
30-59 Days Past Due	167	140
60-89 Days Past Due	0	74
>90 Days Past Due	29	174
Total Past Due	196	388
Current	13,333	14,238
Total Loans	13,529	14,626
Recorded Investment >90 Days and Accruing	0	0
Residential Mortagage [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
30-59 Days Past Due	314	639
60-89 Days Past Due	3	156
>90 Days Past Due	170	259
Total Past Due	487	1,054
Current	34,266	32,943
Total Loans	34,753	33,997
Recorded Investment >90 Days and Accruing	0	0
Consumer equity [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
30-59 Days Past Due	36	81
60-89 Days Past Due	8	16
>90 Days Past Due	16	0
Total Past Due	60	97
Current	7,409	7,569
Total Loans	7,469	7,666
Recorded Investment >90 Days and Accruing	0	0
Consumer auto [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
30-59 Days Past Due	61	46
60-89 Days Past Due	10	11
>90 Days Past Due	8	0
Total Past Due	79	57
Current	11,393	11,969
Total Loans	11,472	12,026
Recorded Investment >90 Days and Accruing	0	0
Consumer Other [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
30-59 Days Past Due	7	71
60-89 Days Past Due	2	60
>90 Days Past Due	10	0
Total Past Due	19	131
Current	1,589	1,607
Total Loans	1,608	1,738
Recorded Investment >90 Days and Accruing	$10	$0

LOANS_AND_ALLOWANCE_FOR_LOAN_L9

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 7) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Loans And Allowance For Loan Losses [Line Items]	'	'
Loans on nonaccrual status	$8,272	$7,788
Commercial mortgage [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Loans on nonaccrual status	7,321	6,443
Commercial other [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Loans on nonaccrual status	584	529
Residential real estate	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Loans on nonaccrual status	224	680
Consumer equity [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Loans on nonaccrual status	101	105
Consumer auto [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Loans on nonaccrual status	42	31
Consumer Other [Member]	'	'
Loans And Allowance For Loan Losses [Line Items]	'	'
Loans on nonaccrual status	$0	$0

Recovered_Sheet1

LOANS AND ALLOWANCE FOR LOAN LOSSES (Detail Textual) (USD $)	3 Months Ended
	Mar. 31, 2014
Loans And Allowance For Loan Losses [Line Items]	'
Financing Receivable, Modifications, Subsequent Default, Recorded Investment	$179,000

FAIR_VALUES_OF_FINANCIAL_INSTR2

FAIR VALUES OF FINANCIAL INSTRUMENTS (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Available-for-sale Securities, Total	$34,101	$34,630
Fair Value, Inputs, Level 1 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Available-for-sale Securities, Total	0	0
Fair Value, Inputs, Level 2 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Available-for-sale Securities, Total	34,101	34,630
Fair Value, Inputs, Level 3 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Available-for-sale Securities, Total	0	0
U.S. government Federal agencies [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Available-for-sale Securities, Total	13,741	13,712
U.S. government Federal agencies [Member] | Fair Value, Inputs, Level 1 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Available-for-sale Securities, Total	0	0
U.S. government Federal agencies [Member] | Fair Value, Inputs, Level 2 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Available-for-sale Securities, Total	13,741	13,712
U.S. government Federal agencies [Member] | Fair Value, Inputs, Level 3 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Available-for-sale Securities, Total	0	0
State & local Governments [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Available-for-sale Securities, Total	7,302	7,339
State & local Governments [Member] | Fair Value, Inputs, Level 1 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Available-for-sale Securities, Total	0	0
State & local Governments [Member] | Fair Value, Inputs, Level 2 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Available-for-sale Securities, Total	7,302	7,339
State & local Governments [Member] | Fair Value, Inputs, Level 3 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Available-for-sale Securities, Total	0	0
Mortgage backed Securities [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Available-for-sale Securities, Total	13,058	13,579
Mortgage backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Available-for-sale Securities, Total	0	0
Mortgage backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Available-for-sale Securities, Total	13,058	13,579
Mortgage backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Available-for-sale Securities, Total	$0	$0

FAIR_VALUES_OF_FINANCIAL_INSTR3

FAIR VALUES OF FINANCIAL INSTRUMENTS (Details 1) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Impaired loans	$12,139	$11,357
Other real estate owned	1,514	2,532
Fair Value, Inputs, Level 1 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Impaired loans	0	0
Other real estate owned	0	0
Fair Value, Inputs, Level 2 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Impaired loans	0	0
Other real estate owned	0	0
Fair Value, Inputs, Level 3 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Impaired loans	10,927	10,147
Other real estate owned	$1,514	$2,532

FAIR_VALUES_OF_FINANCIAL_INSTR4

FAIR VALUES OF FINANCIAL INSTRUMENTS (Details 2) (USD $)	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Financial assets, Carrying Amount:	'	'	'	'
Cash and cash equivalents	$19,311	$15,004	$6,504	$10,215
Investment securities	34,101	34,630	'	'
Other investment securities	859	859	'	'
Loans, net	139,633	142,633	'	'
Accrued interest receivable	498	446	'	'
Financial liabilities, Carrying Amount:	'	'	'	'
Noninterest-bearing deposits	21,238	20,539	'	'
Interest-bearing deposits	160,848	165,032	'	'
Borrowed funds	6,309	6,363	'	'
Accrued interest payable	1,717	1,935	'	'
Financial assets, Fair Value:	'	'	'	'
Cash and cash equivalents	19,311	15,004	'	'
Investment securities	34,101	34,630	'	'
Other investment securities	859	859	'	'
Loans, net	144,164	147,703	'	'
Accrued interest receivable	498	446	'	'
Financial liabilities, Fair Value:	'	'	'	'
Noninterest-bearing deposits	21,238	20,539	'	'
Interest-bearing deposits	160,983	165,502	'	'
Borrowed funds	6,309	6,363	'	'
Accrued interest payable	1,717	1,935	'	'
Fair Value, Inputs, Level 1 [Member]	'	'	'	'
Financial assets, Carrying Amount:	'	'	'	'
Cash and cash equivalents	0	0	'	'
Investment securities	0	0	'	'
Other investment securities	0	0	'	'
Loans, net	0	0	'	'
Accrued interest receivable	0	0	'	'
Financial liabilities, Carrying Amount:	'	'	'	'
Noninterest-bearing deposits	0	0	'	'
Interest-bearing deposits	0	0	'	'
Borrowed funds	0	0	'	'
Accrued interest payable	0	0	'	'
Financial assets, Fair Value:	'	'	'	'
Investment securities	0	0	'	'
Fair Value, Inputs, Level 2 [Member]	'	'	'	'
Financial assets, Carrying Amount:	'	'	'	'
Cash and cash equivalents	19,311	15,004	'	'
Investment securities	34,101	34,630	'	'
Other investment securities	0	0	'	'
Loans, net	0	0	'	'
Accrued interest receivable	0	0	'	'
Financial liabilities, Carrying Amount:	'	'	'	'
Noninterest-bearing deposits	21,238	20,539	'	'
Interest-bearing deposits	160,983	165,502	'	'
Borrowed funds	6,309	6,363	'	'
Accrued interest payable	0	0	'	'
Financial assets, Fair Value:	'	'	'	'
Investment securities	34,101	34,630	'	'
Fair Value, Inputs, Level 3 [Member]	'	'	'	'
Financial assets, Carrying Amount:	'	'	'	'
Cash and cash equivalents	0	0	'	'
Investment securities	0	0	'	'
Other investment securities	859	859	'	'
Loans, net	144,164	147,703	'	'
Accrued interest receivable	498	446	'	'
Financial liabilities, Carrying Amount:	'	'	'	'
Noninterest-bearing deposits	0	0	'	'
Interest-bearing deposits	0	0	'	'
Borrowed funds	0	0	'	'
Accrued interest payable	1,717	1,935	'	'
Financial assets, Fair Value:	'	'	'	'
Investment securities	$0	$0	'	'