Citizens Independent Bancorp (CZID) 10-Q 12 Aug 15 2015 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Aug. 10, 2015
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Entity Registrant Name	Citizens Independent Bancorp, Inc.
Entity Central Index Key	1,553,830
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Trading Symbol	CK0001553830
Entity Common Stock, Shares Outstanding		663,695

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Cash and cash equivalents
Cash and amounts due from depository institutions	$ 4,589	$ 13,290
Federal funds sold	11,230	3,343
Total cash and cash equivalents	15,819	16,633
Securities available for sale	20,584	31,164
Other investment securities	859	859
Loans	143,447	146,426
Allowance for loan losses	(2,414)	(3,869)
Net loans	141,033	142,557
Premises and equipment, net	2,983	3,050
Accrued interest receivable	312	348
Other real estate owned	361	1,068
Other assets	11,719	6,144
TOTAL ASSETS	193,670	201,823
Deposits
Noninterest bearing	23,627	23,153
Interest bearing	145,417	154,814
Total deposits	169,044	177,967
Borrowed funds	5,352	6,147
Accrued interest payable	1,166	1,492
Other liabilities	1,448	1,380
TOTAL LIABILITIES	177,010	186,986
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; 2,000,000 shares authorized, 709,886 shares issued and 655,506 shares outstanding at June 30, 2015 and 638,555 shares issued and 584,175 shares outstanding at December 31, 2014, respectively	13,994	12,297
Stock warrants outstanding; 119,003 warrants issued and 75,597 warrants outstanding as of June 30, 2015 and 119,003 warrants issued and 118,253 outstanding at December 31, 2014, respectively	120	187
Retained earnings	9,710	9,458
Treasury stock, at cost, 54,380 shares at June 30, 2015 and December 31, 2014, respectively	(6,590)	(6,590)
Accumulated other comprehensive income (loss)	(574)	(515)
TOTAL SHAREHOLDERS' EQUITY	16,660	14,837
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 193,670	$ 201,823

CONSOLIDATED BALANCE SHEETS _Pa

CONSOLIDATED BALANCE SHEETS [Parenthetical] - $ / shares	Jun. 30, 2015	Dec. 31, 2014
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	2,000,000	2,000,000
Common stock, shares issued	709,886	638,555
Common stock, shares outstanding	655,506	584,175
Treasury stock, shares	54,380	54,380
Warrant [Member]
Stock warrants issued	119,003	119,003
Stock warrants outstanding	75,597	118,253

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
INTEREST INCOME
Interest and fees on loans	$ 1,941	$ 1,832	$ 3,835	$ 3,731
Interest and dividends on investment securities	109	175	234	380
Interest on federal funds sold	6	7	13	16
TOTAL INTEREST INCOME	2,056	2,014	4,082	4,127
INTEREST EXPENSE
Interest on deposits	223	305	472	627
Interest on borrowed funds	91	113	190	226
TOTAL INTEREST EXPENSE	314	418	662	853
NET INTEREST INCOME	1,742	1,596	3,420	3,274
Provision for loan losses	0	(186)	0	(186)
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	1,742	1,782	3,420	3,460
NONINTEREST INCOME
Service charges	103	113	188	226
Net gain on sale of securities	58	0	148	0
Net gain (loss) on sale of other real estate owned	1	(4)	(45)	371
Credit card income and fees	90	86	173	167
Other	58	85	123	141
TOTAL NONINTEREST INCOME	310	280	587	905
NONINTEREST EXPENSE
Salaries and employee benefits	762	853	1,574	1,711
Net occupancy and equipment expense	224	269	477	599
Other real estate owned expense	35	77	60	157
FDIC insurance expense	46	105	126	240
Legal and professional fees	100	85	198	192
Data processing	92	85	186	162
Advertising	55	51	97	97
Examinations and audits	79	43	156	82
Telephone	22	26	42	46
Other operating expenses	437	272	751	582
TOTAL NONINTEREST EXPENSE	1,852	1,866	3,667	3,868
INCOME BEFORE INCOME TAXES	200	196	340	497
Income tax expense	51	0	88	0
NET INCOME	$ 149	$ 196	$ 252	$ 497
Basic earnings per common share (in dollars per share)	$ 0.23	$ 0.35	$ 0.40	$ 0.99
Diluted earnings per common share (in dollars per share)	$ 0.23	$ 0.34	$ 0.40	$ 0.97

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net income	$ 149	$ 196	$ 252	$ 497
Other comprehensive income (loss), net of tax:
Unrealized net holding gain (loss) on securities available for sale, net of income taxes	(110)	92	39	152
Reclassification for gains recognized on sale of securities available for sale, net of income taxes	(39)	0	(98)	0
Other comprehensive income (loss)	(149)	92	(59)	152
Comprehensive income	$ 0	$ 288	$ 193	$ 649

CONSOLIDATED STATEMENTS OF COM6

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Parenthetical] - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Tax	$ (57)	$ 47	$ 20	$ 79
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Tax	$ 19		$ 50

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY $ in Thousands	USD ($)
Balance at beginning of period at Dec. 31, 2013	$ 5,626
Exercise of common stock warrants - 42,656 shares in 2015 and 0 shares in 2014	0
Issuance of common stock warrants - 119,003 warrants in 2014	188
Issuance of common stock - 28,675 shares in 2015 and 238,057 shares in 2014	3,030
Net income	497
Other comprehensive income (loss)	152
Balance at end of period at Jun. 30, 2014	9,493
Balance at beginning of period at Dec. 31, 2014	14,837
Exercise of common stock warrants - 42,656 shares in 2015 and 0 shares in 2014	974
Issuance of common stock warrants - 119,003 warrants in 2014	0
Issuance of common stock - 28,675 shares in 2015 and 238,057 shares in 2014	656
Net income	252
Other comprehensive income (loss)	(59)
Balance at end of period at Jun. 30, 2015	$ 16,660

CONDENSED CONSOLIDATED STATEME8

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY [Parenthetical] - shares	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Stock Issued During Period, Shares, New Issues	28,675	238,057
Class of Warrant or Right, Outstanding		119,003
Warrant [Member]
Class of Warrant or Right, Outstanding	75,597	119,003
Common Stock Warrants Exercised	42,656	0

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 252	$ 497
Adjustment to reconcile net income to net cash provided by (used in) operating activities
Provision for loan losses	0	(186)
Depreciation and amortization	143	182
Deferred income taxes	88	0
Investment securities amortization (accretion), net	76	(2)
Provision for loss on real estate owned	0	74
Change in value of bank owned life insurance	(4)	0
Net (gain) loss on sale of other real estate owned	45	(371)
(Gain) loss on sale of investments	(148)	0
Net (gain) loss on disposition of premises and equipment	0	20
Net change in:
Accrued interest receivable	36	94
Accrued interest payable	(326)	(281)
Other assets	17	197
Other liabilities	68	(107)
Net cash provided by operating activities	247	117
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of available for sale securities	(3,084)	(5,070)
Proceeds from maturities of available for sale securities	2,413	2,168
Proceeds from sales of available for sale securities	5,587	0
Net change in loans	1,417	2,470
Proceeds from sale of other real estate owned	769	2,289
Purchases of premises and equipment	(76)	(104)
Net cash provided by investing activities	7,026	1,753
CASH FLOWS FROM FINANCING ACTIVITIES
Net change in deposits	(8,923)	(92)
Payments on borrowed funds	(138)	(108)
Proceeds from issuance of common stock and warrants	974	3,218
Net cash provided by (used in) financing activities	(8,087)	3,018
Net increase (decrease) in cash and cash equivalents	(814)	4,888
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	16,633	15,004
CASH AND CASH EQUIVALENTS AT END OF PERIOD	15,819	19,892
Supplemental Disclosure of Cash Flows
Cash paid during the period for: Interest	988	1,135
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	107	462
Short term debt converted to common stock	656	0
Receivable from sale of available for sale securities	$ 5,655	$ 0

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 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 and Athens 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. These consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (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. Operating results for the six month period ended June 30, 2015 are not necessarily indicative of the results that may be expected for the year ending December 31, 2015. The accounting and reporting policies of the Bancorp and the Bank conform to GAAP and to general practices followed within the banking industry. Securities transactions have been accounted for on a trade date basis, wherein any gains or losses resulting from the transaction are recognized as of the date of the respective trade. The consolidated balance sheet as of December 31, 2014 has been extracted from audited financial statements included in the Company’s 2014 filing on Form 10-K. 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 December 31, 2014 Form 10-K. Information is presented in these notes with dollars expressed in thousands, unless otherwise noted or specified. The consolidated financial statements include the accounts of Citizens Independent Bancorp, Inc. and its wholly-owned subsidiary, The Citizens Bank of Logan. All significant intercompany transactions and balances have been eliminated. In June 2014, the Company issued warrants to purchase 119,003 the Company’s common stock at 90% of the prior month’s closing book value. June 25, 2016 187

EARNINGS PER COMMON SHARE

EARNINGS PER COMMON SHARE	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	NOTE 2 - EARNINGS PER COMMON SHARE (Dollars in thousands, except per share data) Three Months Ended June 30, 2015 2014 Net income $ 149 $ 196 Weighted average common shares outstanding 648,397 560,485 Basic earnings per common share $ 0.23 $ 0.35 Total shares and warrants 656,668 572,319 Diluted earnings per common share $ 0.23 $ 0.34 Six Months Ended June 30, 2015 2014 Net income $ 252 $ 497 Weighted average common shares outstanding 626,245 500,563 Basic earnings per common share $ 0.40 $ 0.99 Total shares and warrants 636,097 512,430 Diluted earnings per common share $ 0.40 $ 0.97

INVESTMENT SECURITIES

INVESTMENT SECURITIES	6 Months Ended
	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	NOTE 3 - INVESTMENT SECURITIES (Dollars in thousands) June 30, 2015 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S. government securities $ 2,053 $ 6 $ - $ 2,059 U.S. government federal agencies 9,681 8 (32) 9,657 State and local governments 2,809 5 (28) 2,786 Mortgage backed securities 6,140 10 (68) 6,082 Total $ 20,683 $ 29 $ (128) $ 20,584 December 31, 2014 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S. government securities $ 5,049 $ 18 $ - $ 5,067 U.S. government federal agencies 13,905 31 (67) 13,869 State and local governments 1,029 7 (1) 1,035 Mortgage backed securities 11,191 67 (65) 11,193 Total $ 31,174 $ 123 $ (133) $ 31,164 (Dollars in thousands) Securities available for sale Amortized Fair Cost Value Amounts maturing in: One year or less $ 1,463 $ 1,467 After one year through five years 10,558 10,544 After five years through ten years 3,219 3,195 After ten years 5,443 5,378 Total $ 20,683 $ 20,584 Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations without call or prepayment penalties. During the first two quarters of 2015, the Company sold available-for-sale securities, principally U.S. Treasury and Agencies, totaling $ 5.6 1.81 3.6 3.0 2.46 6.5 148 Investment securities with a carrying amount of approximately $ 15,319,000 28,793,000 (Dollars in thousands) Less than 12 months 12 months or greater Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses June 30, 2015 U.S. government federal agencies $ 4,307 $ (18) $ 1,988 $ (14) $ 6,295 $ (32) State and local governments 1,752 (28) - - 1,752 (28) Mortgage backed securities 1,711 (9) 2,144 (59) 3,855 (68) Total $ 7,770 $ (55) $ 4,132 $ (73) $ 11,902 $ (128) December 31, 2014 U.S. government federal agencies $ 3,088 $ (9) $ 4,979 $ (58) $ 8,067 $ (67) State and local governments 578 (1) - - 578 (1) Mortgage backed securities 1,985 (8) 3,684 (57) 5,669 (65) Total $ 5,651 $ (18) $ 8,663 $ (115) $ 14,314 $ (133) 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 LO

LOANS AND ALLOWANCE FOR LOAN LOSSES	6 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	NOTE 4 - LOANS AND ALLOWANCE FOR LOAN LOSSES (Dollars in thousands) Six Months Ended Three Months Ended June 30, June 30, June 30, June 30, 2015 2014 2015 2014 Allowance at beginning of period $ 3,869 $ 4,384 $ 3,443 $ 4,349 Provision for credit losses - (186) - (186) Charge-offs: Commercial 1,422 408 1,001 401 Real Estate 42 38 38 10 Consumer 59 136 30 72 Total charge-offs $ 1,523 $ 582 $ 1,069 $ 483 Recoveries: Commercial 39 248 27 204 Real Estate - 5 - - Consumer 29 31 13 16 Total Recoveries 68 284 40 220 Ending allowance $ 2,414 $ 3,900 $ 2,414 $ 3,900 (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 June 30, 2015 Commercial $ 1,857 $ 81,618 $ 138 $ 1,998 $ 1,995 $ 83,616 Real estate 115 38,547 136 540 251 39,087 Consumer 155 20,594 13 150 168 20,744 Total $ 2,127 $ 140,759 $ 287 $ 2,688 $ 2,414 $ 143,447 December 31, 2014 Commercial $ 2,422 $ 77,651 $ 1,069 $ 10,338 $ 3,491 $ 87,989 Real estate 124 38,091 71 665 195 38,756 Consumer 169 19,407 14 274 183 19,681 Total $ 2,715 $ 135,149 $ 1,154 $ 11,277 $ 3,869 $ 146,426 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 similarly 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 June 30, 2015 and December 31, 2014. Credit risk profile by credit worthiness category (Dollars in thousands) Commercial Commercial Mortgage Other Category 06/30/15 12/31/14 06/30/15 12/31/14 Pass $ 62,839 $ 61,047 $ 12,142 $ 13,014 5 1,462 4,524 1,735 344 6 5,315 8,131 123 230 7 - 699 - - Total $ 69,616 $ 74,401 $ 14,000 $ 13,588 Credit risk by credit worthiness category (Dollars in thousands) Residential Consumer Consumer Consumer Real Estate Equity Auto Other Category 06/30/15 12/31/14 06/30/15 12/31/14 06/30/15 12/31/14 06/30/15 12/31/14 Pass $ 38,060 $ 37,729 $ 7,979 $ 6,945 $ 10,961 $ 10,649 $ 1,640 $ 1,888 5 369 430 75 77 55 54 - - 6 658 597 - 15 34 53 - - 7 - - - - - - - - Total $ 39,087 $ 38,756 $ 8,054 $ 7,037 $ 11,050 $ 10,756 $ 1,640 $ 1,888 Loans evaluated for impairment include loans classified as troubled debt restructurings and non-performing commercial, mortgage and consumer loans. , (Dollars in thousands) Unpaid Recorded Principal Related Investment Balance Allowance June 30, 2015 With no related allowance recorded: Commercial mortgage $ 1,084 $ 1,716 $ - Commercial other - - - Residential real estate - - - Consumer equity - - - Consumer auto - - - Subtotal 1,084 1,716 - With an allowance recorded: Commercial mortgage $ 914 $ 1,018 $ 138 Commercial other - - - Residential real estate 540 554 136 Consumer equity 150 150 13 Consumer auto - - - Subtotal 1,604 1,722 287 Total $ 2,688 $ 3,438 $ 287 Unpaid Recorded Principal Related Investment Balance Allowance December 31, 2014 With no related allowance recorded: Commercial mortgage $ 7,027 $ 7,368 $ - Commercial other 67 67 - Residential real estate 223 278 - Consumer equity 15 16 - Consumer auto 106 109 - Subtotal 7,438 7,838 - With an allowance recorded: Commercial mortgage 3,100 3,191 925 Commercial other 144 168 144 Residential real estate 442 449 71 Consumer equity 153 153 14 Consumer auto - - - Subtotal 3,839 3,961 1,154 Total $ 11,277 $ 11,799 $ 1,154 (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 Six Month Period Ended June 30, 2015 Commercial: Mortgage $ 4,306 $ 25 $ 2,669 $ 12 $ 6,975 $ 37 Other 56 1 88 - 144 1 Residential real estate 232 4 466 9 698 13 Consumer: Equity 7 - 151 5 158 5 Auto 101 2 - - 101 2 Other - - - - - - Total $ 4,702 $ 32 $ 3,374 $ 26 $ 8,076 $ 58 Six Month Period Ended June 30, 2014 Commercial: Mortgage $ 7,696 $ 70 $ 2,272 $ - $ 9,968 $ 70 Other 200 1 335 - 535 1 Residential real estate 266 2 563 13 829 15 Consumer: Equity 95 - 158 5 253 5 Auto 112 1 3 - 115 1 Other - - - - - - Total $ 8,369 $ 74 $ 3,331 $ 18 $ 11,700 $ 92 (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 June 30, 2015 Commercial: Mortgage $ 2,946 $ 1 $ 2,452 $ 6 $ 5,398 $ 7 Other 50 1 61 - 111 1 Residential real estate 237 1 478 4 715 5 Consumer: Equity 3 - 151 3 154 3 Auto 98 1 - - 98 1 Other - - - - - - Total $ 3,334 $ 4 $ 3,142 $ 13 $ 6,476 $ 17 Three Month Period Ended June 30, 2014 Commercial: Mortgage $ 8,131 $ 35 $ 2,232 $ - $ 10,363 $ 35 Other 244 1 175 - 419 1 Residential real estate 120 1 618 7 738 8 Consumer: Equity 95 - 155 2 250 2 Auto 102 - - - 102 - Other - - - - - - Total $ 8,692 $ 37 $ 3,180 $ 9 $ 11,872 $ 46 (Dollars in thousands) Pre-Modification Post-Modification Number Outstanding Outstanding of Recorded Recorded TDRs Investment (1) Investment Six months ended June 30, 2015 Commercial mortgage 1 $ 169 $ 169 Residential real estate 2 166 166 Consumer auto 6 40 40 Consumer other - - - Total 9 $ 375 $ 375 Six months ended June 30, 2014 Commercial mortgage 3 $ 310 $ 310 Residential real estate 2 187 187 Consumer auto 1 1 1 Consumer other 1 - - Total 7 $ 498 $ 498 Pre-Modification Post-Modification Number Outstanding Outstanding of Recorded Recorded TDRs Investment (1) Investment Three months ended June 30, 2015 Commercial mortgage $ - $ - $ - Residential real estate 2 166 166 Consumer auto 2 21 21 Consumer other - - - Total 4 $ 187 $ 187 Three months ended June 30, 2014 Commercial mortgage - - - Residential real estate - - - Consumer auto - - - Consumer other - - - Total - $ - $ - (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, re-aging, extensions, deferrals, renewals and rewrites. In mitigation, additional collateral, a co-borrower or a guarantor may be requested. During the six month period ended June 30, 2015 loans were modified by either a reduction in rates or a change in the contractual maturity date of the note. Six loans were modified with reduced interest rates and the contractual maturity date of three loans was extended. During the six month period ended June 30, 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 have 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 are no loans which were modified as a TDR within the previous twelve months that have subsequently defaulted as of June 30, 2015. 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 June 30, 2015 Commercial: Mortgage $ 30 $ 253 $ 169 $ 452 $ 69,164 $ 69,616 $ - Other - - - - 14,000 14,000 - Residential real estate 136 - 35 171 38,916 39,087 - Consumer: - Equity 60 - - 60 7,994 8,054 - Auto 69 11 - 80 10,970 11,050 - Other 4 7 9 20 1,611 1,640 9 Total $ 299 $ 271 $ 213 $ 783 $ 142,655 $ 143,447 $ 9 December 31, 2014 Commercial: Mortgage $ 1,345 $ 238 $ 4,924 $ 6,507 $ 67,894 $ 74,401 $ - Other 17 144 20 181 13,407 13,588 - Residential real estate 470 186 27 683 38,073 38,756 - Consumer: Equity - - - - 7,037 7,037 - Auto 20 6 19 45 10,711 10,756 - Other 8 6 10 24 1,864 1,888 - Total $ 1,860 $ 580 $ 5,000 $ 7,440 $ 138,986 $ 146,426 $ - (Dollars in thousands) June 30, December 31, 2015 2014 Commercial: Mortgage $ 1,373 $ 7,200 Other - 169 Residential real estate 372 307 Consumer: Equity - 15 Auto 21 38 Other - - Total $ 1,766 $ 7,729

BORROWINGS

BORROWINGS	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	NOTE 5 – BORROWINGS Bancorp renegotiated a substantial portion of the existing $ 5.0 2.3 28,675 22.86 Management is actively engaged in the sale of the remainder of the OREO property held at the Bancorp, which will provide additional liquidity to meet required debt servicing payments. Description Balance of Interest Frequency Status Maturity Loan 1 $ 2,670,683 8.00 % Monthly Interest Only 12/29/2015 Loan 2 $ 601,788 4.75 % Monthly Amortizing 11/21/2019 Loan 3 $ 435,416 4.25 % Monthly Amortizing 6/26/2019 Loan 4 $ 1,644,547 6.00 % * Deferred I/O 8/4/2021 * Monthly interest payments are deferred until August 2015

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	6 Months Ended
	Jun. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Pension and Other Postretirement Benefits Disclosure [Text Block]	NOTE 6 – EMPLOYEE BENEFIT PLANS The bank has a qualified noncontributory benefit pension plan which covers certain employees. The benefits are primarily based on years of service and earnings. (Dollars in thousands) Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 Net periodic pension cost: Interest cost on projected benefit obligation $ 14 $ 13 $ 27 $ 26 Expected return on plan assets (11) (10) (22) (20) Settlement loss - - - - Net amortization of deferral of (gains) losses 17 12 34 24 Net periodic pension cost $ 20 $ 15 $ 39 $ 30

FAIR VALUES OF FINANCIAL INSTRU

FAIR VALUES OF FINANCIAL INSTRUMENTS	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	NOTE 7 - FAIR VALUES OF FINANCIAL INSTRUMENTS Fair value is defined as the exchange price that would be received to sell an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Accounting guidance also establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy under this guidance are described below. Level 1 - Valuation is based on quoted prices in active markets for identical assets or liabilities that the Company 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 and liabilities. Level 2 - Valuation is based on inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. The valuation may be based on quoted prices for 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. Accordingly, investment securities available for sale are recorded at fair value on a recurring basis. Additionally, from time to time, the Company may be required to record other assets at fair value on a nonrecurring basis, such as impaired loans and other real estate owned. These nonrecurring fair value adjustments typically involve application of lower of cost or market accounting or write-downs of individual assets. The following describes the valuation techniques used to measure certain financial assets and liabilities recorded at fair value on a recurring basis in the financial statements. Investment securities available for sale - Fair value measurement is based upon quoted prices, if available. If quoted prices are not available, fair values are measured using independent pricing models or other model-based valuation techniques such as the present value of future cash flows, adjusted for the security’s credit rating, prepayment assumptions, and other factors such as credit loss assumptions. Level 1 securities include those traded on an active exchange, such as the New York Stock Exchange or traded by dealers or brokers in active over-the-counter markets. Level 2 securities include securities issued by government sponsored entities, mortgage-backed securities, and municipal bonds. Level 3 securities include those with unobservable inputs. Transfers between levels can occur due to changes in the observability of significant inputs. (Dollars in thousands) Fair Value Measurements Using Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Assets/Liabilities Inputs Inputs Fair Value (Level 1) (Level 2) (Level 3) June 30, 2015 Assets: Available for sale securities: U.S. government securities $ 2,059 $ 2,059 $ - $ - U.S. government federal agencies 9,657 - 9,657 - State and local governments 2,786 - 2,786 - Mortgage backed securities 6,082 - 6,082 - Total securities available for sale $ 20,584 $ 2,059 $ 18,525 $ - December 31, 2014 Assets: Securities available for sale U.S. government securities $ 5,067 $ 5,067 $ - $ - U.S. government federal agencies 13,869 - 13,869 - State and local governments 1,035 - 1,035 - Mortgage backed securities 11,193 - 11,193 - Total securities available for sale $ 31,164 $ 5,067 $ 26,097 $ - The following describes the valuation techniques used to measure certain financial assets and liabilities recorded at fair value on a nonrecurring basis in the financial statements. Impaired loans - The Bank does not record loans at fair value on a recurring basis. However, from time to time, a loan is considered impaired and an allowance for loan losses may need to be established. Loans for which it is probable that payment of interest and principal will not be made in accordance with the contractual terms of the loan agreement are considered impaired. Once a loan is identified as individually impaired, management measures impairment. As of June 30, 2015, the fair value of substantially all of the impaired loans was estimated based on the fair value of the collateral. When the fair value of the collateral is based on an observable market price or a current appraised value, the Bank records the impaired loan as nonrecurring Level 2. When an appraised value is not available or management determines the fair value of the collateral is further impaired below the appraised value and there is no observable market price, the Bank records the impaired loan as nonrecurring Level 3. Those impaired loans not requiring an allowance represent loans for which the fair value of the expected repayments or collateral exceed the recorded investments in such loans. Other real estate owned (OREO) - OREO consists of real estate acquired in foreclosure or other settlement of loans. Such assets are carried on the consolidated balance sheet at the lower of the investment in the real estate or its fair value less estimated selling costs. The fair value of OREO is determined on a nonrecurring basis generally utilizing current appraisals performed by an independent, licensed appraiser applying an income or market value approach using observable market data (level 2). However, if a current appraisal is not available, the original appraised value is discounted, as appropriate, to compensate for the estimated depreciation in the value of the real estate since the date of its original appraisal. Such discounts are generally estimated based upon management’s knowledge of sales of similar property within the applicable market area and its knowledge of other real estate market-related data as well as general economic trends (Level 3). Upon foreclosure, any fair value adjustment is charged against the allowance for loan losses. Subsequent fair value adjustments are recorded in the period incurred and included in other noninterest expense in the consolidated statements of income. (Dollars in thousands) Fair Value Measurements Using Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Assets/Liabilities Inputs Inputs Fair Value (Level 1) (Level 2) (Level 3) June 30, 2015 Assets: Impaired loans Commercial mortgage $ 1,860 $ - $ - $ 1,860 Commercial other - - - - Residential real estate 404 - - 404 Consumer equity 137 - - 137 Consumer auto - - - - Total impaired loans 2,401 - - 2,401 Other real estate owned Residential 63 - - 63 Commercial 298 - - 298 Total other real estate owned $ 361 $ - $ - $ 361 December 31, 2014 Assets: Impaired loans Commercial mortgage $ 9,202 $ - $ - $ 9,202 Commercial other 67 - - 67 Residential real estate 594 - - 594 Consumer equity 154 - - 154 Consumer auto 106 - - 106 Total impaired loans 10,123 - - 10,123 Other real estate owned Residential 200 - - 200 Commercial 868 - - 868 Total other real estate owned $ 1,068 $ - $ - $ 1,068 The following methods and assumptions were used to estimate the fair value disclosures for other financial instruments as of June 30, 2015 and December 31, 2014: Cash and cash equivalents - The fair value of cash and cash equivalents is estimated to approximate the carrying amounts. Other investment securities - Other investment securities consist of restricted equity securities in the Federal Home Loan Bank (FHLB) and are carried at cost. Because there is no market, the carrying values of restricted equity securities approximate fair values based on the redemption provisions of the FHLB. Loans - The fair value of loans is calculated by discounting estimated cash flows using current rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities. The estimated cash flows do not anticipate prepayments. Management has made estimates of fair value discount rates that it believes to be reasonable. However, because there is no market for many of these financial instruments, management has no basis to determine whether the fair value presented for loans would be indicative of the value negotiated in an actual sale. Impaired loans are estimated to average 10% less than recorded investment. Accrued interest receivable and payable - The carrying amounts of accrued interest approximate fair value. Deposits - The fair value of deposits with no stated maturity, such as noninterest-bearing and interest-bearing demand deposits, regular savings, and certain types of money market accounts, is equal to the amount payable on demand at the reporting date (that is, their carrying amounts). The fair value of certificates of deposit is based on the discounted value of contractual cash flows. The discount rate is estimated using the rates currently offered for deposits of similar remaining maturities. 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. Off-balance sheet instruments - The fair values of commitments to extend credit and standby letters of credit are estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of agreements and the present credit standing of the counterparties. The amounts of fees currently charged on commitments to extend credit and standby letters of credit are deemed insignificant, and therefore, the estimated fair values and carrying values are not shown. Fair Value Measurements Using 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) June 30, 2015 Financial assets: Cash and cash equivalents $ 15,819 $ 15,819 $ - $ 15,819 $ - Securities available for sale 20,584 20,584 2,059 18,525 - Other investment securities 859 859 - - 859 Loans, net 141,033 144,671 - - 144,671 Accrued interest receivable 312 312 - - 312 Financial liabilities: Noninterest-bearing deposits $ 23,627 $ 23,627 $ - $ 23,627 $ - Interest-bearing deposits 145,417 146,209 - 146,209 - Borrowed funds 5,352 5,352 - 5,352 - Accrued interest payable 1,166 1,166 - - 1,166 December 31, 2014 Financial assets: Cash and cash equivalents $ 16,633 $ 16,633 $ - $ 16,633 $ - Securities available for sale 31,164 31,164 5,067 26,097 - Other investment securities 859 859 - - 859 Loans, net 142,557 145,895 - - 145,895 Accrued interest receivable 348 348 - - 348 Financial liabilities: Noninterest-bearing deposits $ 23,153 $ 23,153 $ - $ 23,153 $ - Interest-bearing deposits 154,814 155,735 - 155,735 - Borrowed funds 6,147 6,147 - 6,147 - Accrued interest payable 1,492 1,492 - - 1,492 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 ACCOUN17

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2015
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 and Athens 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 accounting principles generally accepted in the United States of America (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. Operating results for the six month period ended June 30, 2015 are not necessarily indicative of the results that may be expected for the year ending December 31, 2015. The accounting and reporting policies of the Bancorp and the Bank conform to GAAP and to general practices followed within the banking industry. Securities transactions have been accounted for on a trade date basis, wherein any gains or losses resulting from the transaction are recognized as of the date of the respective trade. The consolidated balance sheet as of December 31, 2014 has been extracted from audited financial statements included in the Company’s 2014 filing on Form 10-K. 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 December 31, 2014 Form 10-K. Information is presented in these notes with dollars expressed in thousands, unless otherwise noted or specified.
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The consolidated financial statements include the accounts of Citizens Independent Bancorp, Inc. and its wholly-owned subsidiary, The Citizens Bank of Logan. All significant intercompany transactions and balances have been eliminated.
Common Stock Warrants [Policy Text Block]	Common Stock Warrants In June 2014, the Company issued warrants to purchase 119,003 the Company’s common stock at 90% of the prior month’s closing book value. June 25, 2016 187

EARNINGS PER COMMON SHARE (Tabl

EARNINGS PER COMMON SHARE (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Earnings per common share are net income divided by the weighted average common shares outstanding during the period. The factors used in the earnings per share computation for the three and six month periods ended June 30, 2015 and 2014 follow: (Dollars in thousands, except per share data) Three Months Ended June 30, 2015 2014 Net income $ 149 $ 196 Weighted average common shares outstanding 648,397 560,485 Basic earnings per common share $ 0.23 $ 0.35 Total shares and warrants 656,668 572,319 Diluted earnings per common share $ 0.23 $ 0.34 Six Months Ended June 30, 2015 2014 Net income $ 252 $ 497 Weighted average common shares outstanding 626,245 500,563 Basic earnings per common share $ 0.40 $ 0.99 Total shares and warrants 636,097 512,430 Diluted earnings per common share $ 0.40 $ 0.97

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	6 Months Ended
	Jun. 30, 2015
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) June 30, 2015 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S. government securities $ 2,053 $ 6 $ - $ 2,059 U.S. government federal agencies 9,681 8 (32) 9,657 State and local governments 2,809 5 (28) 2,786 Mortgage backed securities 6,140 10 (68) 6,082 Total $ 20,683 $ 29 $ (128) $ 20,584 December 31, 2014 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S. government securities $ 5,049 $ 18 $ - $ 5,067 U.S. government federal agencies 13,905 31 (67) 13,869 State and local governments 1,029 7 (1) 1,035 Mortgage backed securities 11,191 67 (65) 11,193 Total $ 31,174 $ 123 $ (133) $ 31,164
Investments Classified by Contractual Maturity Date [Table Text Block]	The following is a summary of maturities of securities available-for-sale as of June 30, 2015: (Dollars in thousands) Securities available for sale Amortized Fair Cost Value Amounts maturing in: One year or less $ 1,463 $ 1,467 After one year through five years 10,558 10,544 After five years through ten years 3,219 3,195 After ten years 5,443 5,378 Total $ 20,683 $ 20,584
Schedule of Unrealized Loss on Investments [Table Text Block]	Information pertaining to securities with gross unrealized losses at June 30, 2015 and December 31, 2014, aggregated by investment category and length of time that an individual security has been in a continuous loss position, follows: (Dollars in thousands) Less than 12 months 12 months or greater Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses June 30, 2015 U.S. government federal agencies $ 4,307 $ (18) $ 1,988 $ (14) $ 6,295 $ (32) State and local governments 1,752 (28) - - 1,752 (28) Mortgage backed securities 1,711 (9) 2,144 (59) 3,855 (68) Total $ 7,770 $ (55) $ 4,132 $ (73) $ 11,902 $ (128) December 31, 2014 U.S. government federal agencies $ 3,088 $ (9) $ 4,979 $ (58) $ 8,067 $ (67) State and local governments 578 (1) - - 578 (1) Mortgage backed securities 1,985 (8) 3,684 (57) 5,669 (65) Total $ 5,651 $ (18) $ 8,663 $ (115) $ 14,314 $ (133)

LOANS AND ALLOWANCE FOR LOAN 20

LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)	6 Months Ended
	Jun. 30, 2015
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 periods indicated: (Dollars in thousands) Six Months Ended Three Months Ended June 30, June 30, June 30, June 30, 2015 2014 2015 2014 Allowance at beginning of period $ 3,869 $ 4,384 $ 3,443 $ 4,349 Provision for credit losses - (186) - (186) Charge-offs: Commercial 1,422 408 1,001 401 Real Estate 42 38 38 10 Consumer 59 136 30 72 Total charge-offs $ 1,523 $ 582 $ 1,069 $ 483 Recoveries: Commercial 39 248 27 204 Real Estate - 5 - - Consumer 29 31 13 16 Total Recoveries 68 284 40 220 Ending allowance $ 2,414 $ 3,900 $ 2,414 $ 3,900
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 June 30, 2015 Commercial $ 1,857 $ 81,618 $ 138 $ 1,998 $ 1,995 $ 83,616 Real estate 115 38,547 136 540 251 39,087 Consumer 155 20,594 13 150 168 20,744 Total $ 2,127 $ 140,759 $ 287 $ 2,688 $ 2,414 $ 143,447 December 31, 2014 Commercial $ 2,422 $ 77,651 $ 1,069 $ 10,338 $ 3,491 $ 87,989 Real estate 124 38,091 71 665 195 38,756 Consumer 169 19,407 14 274 183 19,681 Total $ 2,715 $ 135,149 $ 1,154 $ 11,277 $ 3,869 $ 146,426
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 06/30/15 12/31/14 06/30/15 12/31/14 Pass $ 62,839 $ 61,047 $ 12,142 $ 13,014 5 1,462 4,524 1,735 344 6 5,315 8,131 123 230 7 - 699 - - Total $ 69,616 $ 74,401 $ 14,000 $ 13,588 Consumer Credit Exposure Credit risk by credit worthiness category (Dollars in thousands) Residential Consumer Consumer Consumer Real Estate Equity Auto Other Category 06/30/15 12/31/14 06/30/15 12/31/14 06/30/15 12/31/14 06/30/15 12/31/14 Pass $ 38,060 $ 37,729 $ 7,979 $ 6,945 $ 10,961 $ 10,649 $ 1,640 $ 1,888 5 369 430 75 77 55 54 - - 6 658 597 - 15 34 53 - - 7 - - - - - - - - Total $ 39,087 $ 38,756 $ 8,054 $ 7,037 $ 11,050 $ 10,756 $ 1,640 $ 1,888
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 , (Dollars in thousands) Unpaid Recorded Principal Related Investment Balance Allowance June 30, 2015 With no related allowance recorded: Commercial mortgage $ 1,084 $ 1,716 $ - Commercial other - - - Residential real estate - - - Consumer equity - - - Consumer auto - - - Subtotal 1,084 1,716 - With an allowance recorded: Commercial mortgage $ 914 $ 1,018 $ 138 Commercial other - - - Residential real estate 540 554 136 Consumer equity 150 150 13 Consumer auto - - - Subtotal 1,604 1,722 287 Total $ 2,688 $ 3,438 $ 287 Unpaid Recorded Principal Related Investment Balance Allowance December 31, 2014 With no related allowance recorded: Commercial mortgage $ 7,027 $ 7,368 $ - Commercial other 67 67 - Residential real estate 223 278 - Consumer equity 15 16 - Consumer auto 106 109 - Subtotal 7,438 7,838 - With an allowance recorded: Commercial mortgage 3,100 3,191 925 Commercial other 144 168 144 Residential real estate 442 449 71 Consumer equity 153 153 14 Consumer auto - - - Subtotal 3,839 3,961 1,154 Total $ 11,277 $ 11,799 $ 1,154
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 Six Month Period Ended June 30, 2015 Commercial: Mortgage $ 4,306 $ 25 $ 2,669 $ 12 $ 6,975 $ 37 Other 56 1 88 - 144 1 Residential real estate 232 4 466 9 698 13 Consumer: Equity 7 - 151 5 158 5 Auto 101 2 - - 101 2 Other - - - - - - Total $ 4,702 $ 32 $ 3,374 $ 26 $ 8,076 $ 58 Six Month Period Ended June 30, 2014 Commercial: Mortgage $ 7,696 $ 70 $ 2,272 $ - $ 9,968 $ 70 Other 200 1 335 - 535 1 Residential real estate 266 2 563 13 829 15 Consumer: Equity 95 - 158 5 253 5 Auto 112 1 3 - 115 1 Other - - - - - - Total $ 8,369 $ 74 $ 3,331 $ 18 $ 11,700 $ 92 (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 June 30, 2015 Commercial: Mortgage $ 2,946 $ 1 $ 2,452 $ 6 $ 5,398 $ 7 Other 50 1 61 - 111 1 Residential real estate 237 1 478 4 715 5 Consumer: Equity 3 - 151 3 154 3 Auto 98 1 - - 98 1 Other - - - - - - Total $ 3,334 $ 4 $ 3,142 $ 13 $ 6,476 $ 17 Three Month Period Ended June 30, 2014 Commercial: Mortgage $ 8,131 $ 35 $ 2,232 $ - $ 10,363 $ 35 Other 244 1 175 - 419 1 Residential real estate 120 1 618 7 738 8 Consumer: Equity 95 - 155 2 250 2 Auto 102 - - - 102 - Other - - - - - - Total $ 8,692 $ 37 $ 3,180 $ 9 $ 11,872 $ 46
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 periods indicated. (Dollars in thousands) Pre-Modification Post-Modification Number Outstanding Outstanding of Recorded Recorded TDRs Investment (1) Investment Six months ended June 30, 2015 Commercial mortgage 1 $ 169 $ 169 Residential real estate 2 166 166 Consumer auto 6 40 40 Consumer other - - - Total 9 $ 375 $ 375 Six months ended June 30, 2014 Commercial mortgage 3 $ 310 $ 310 Residential real estate 2 187 187 Consumer auto 1 1 1 Consumer other 1 - - Total 7 $ 498 $ 498 Pre-Modification Post-Modification Number Outstanding Outstanding of Recorded Recorded TDRs Investment (1) Investment Three months ended June 30, 2015 Commercial mortgage $ - $ - $ - Residential real estate 2 166 166 Consumer auto 2 21 21 Consumer other - - - Total 4 $ 187 $ 187 Three months ended June 30, 2014 Commercial mortgage - - - Residential real estate - - - Consumer auto - - - Consumer other - - - Total - $ - $ - (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 June 30, 2015 and December 31, 2014: 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 June 30, 2015 Commercial: Mortgage $ 30 $ 253 $ 169 $ 452 $ 69,164 $ 69,616 $ - Other - - - - 14,000 14,000 - Residential real estate 136 - 35 171 38,916 39,087 - Consumer: - Equity 60 - - 60 7,994 8,054 - Auto 69 11 - 80 10,970 11,050 - Other 4 7 9 20 1,611 1,640 9 Total $ 299 $ 271 $ 213 $ 783 $ 142,655 $ 143,447 $ 9 December 31, 2014 Commercial: Mortgage $ 1,345 $ 238 $ 4,924 $ 6,507 $ 67,894 $ 74,401 $ - Other 17 144 20 181 13,407 13,588 - Residential real estate 470 186 27 683 38,073 38,756 - Consumer: Equity - - - - 7,037 7,037 - Auto 20 6 19 45 10,711 10,756 - Other 8 6 10 24 1,864 1,888 - Total $ 1,860 $ 580 $ 5,000 $ 7,440 $ 138,986 $ 146,426 $ -
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	The following summarizes by loan class, the loans on nonaccrual status at June 30, 2015 and December 31, 2014: (Dollars in thousands) June 30, December 31, 2015 2014 Commercial: Mortgage $ 1,373 $ 7,200 Other - 169 Residential real estate 372 307 Consumer: Equity - 15 Auto 21 38 Other - - Total $ 1,766 $ 7,729

BORROWINGS (Tables)

BORROWINGS (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments [Table Text Block]	The Bancorp is also pursuing other borrowing avenues to ensure there is adequate cash to meet debt servicing needs. Description Balance of Interest Frequency Status Maturity Loan 1 $ 2,670,683 8.00 % Monthly Interest Only 12/29/2015 Loan 2 $ 601,788 4.75 % Monthly Amortizing 11/21/2019 Loan 3 $ 435,416 4.25 % Monthly Amortizing 6/26/2019 Loan 4 $ 1,644,547 6.00 % * Deferred I/O 8/4/2021 * Monthly interest payments are deferred until August 2015

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)	6 Months Ended
	Jun. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Schedule Of Defined Benefit Plan Net Periodic Benefit Cost [Table Text Block]	The following table presents the components of the net periodic pension cost of the Defined Benefit Plan. (Dollars in thousands) Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 Net periodic pension cost: Interest cost on projected benefit obligation $ 14 $ 13 $ 27 $ 26 Expected return on plan assets (11) (10) (22) (20) Settlement loss - - - - Net amortization of deferral of (gains) losses 17 12 34 24 Net periodic pension cost $ 20 $ 15 $ 39 $ 30

FAIR VALUES OF FINANCIAL INST23

FAIR VALUES OF FINANCIAL INSTRUMENTS (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	The following are assets and liabilities that were accounted for or disclosed at fair value on a recurring basis: (Dollars in thousands) Fair Value Measurements Using Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Assets/Liabilities Inputs Inputs Fair Value (Level 1) (Level 2) (Level 3) June 30, 2015 Assets: Available for sale securities: U.S. government securities $ 2,059 $ 2,059 $ - $ - U.S. government federal agencies 9,657 - 9,657 - State and local governments 2,786 - 2,786 - Mortgage backed securities 6,082 - 6,082 - Total securities available for sale $ 20,584 $ 2,059 $ 18,525 $ - December 31, 2014 Assets: Securities available for sale U.S. government securities $ 5,067 $ 5,067 $ - $ - U.S. government federal agencies 13,869 - 13,869 - State and local governments 1,035 - 1,035 - Mortgage backed securities 11,193 - 11,193 - Total securities available for sale $ 31,164 $ 5,067 $ 26,097 $ -
Fair Value Measurements, Nonrecurring [Table Text Block]	(Dollars in thousands) Fair Value Measurements Using Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Assets/Liabilities Inputs Inputs Fair Value (Level 1) (Level 2) (Level 3) June 30, 2015 Assets: Impaired loans Commercial mortgage $ 1,860 $ - $ - $ 1,860 Commercial other - - - - Residential real estate 404 - - 404 Consumer equity 137 - - 137 Consumer auto - - - - Total impaired loans 2,401 - - 2,401 Other real estate owned Residential 63 - - 63 Commercial 298 - - 298 Total other real estate owned $ 361 $ - $ - $ 361 December 31, 2014 Assets: Impaired loans Commercial mortgage $ 9,202 $ - $ - $ 9,202 Commercial other 67 - - 67 Residential real estate 594 - - 594 Consumer equity 154 - - 154 Consumer auto 106 - - 106 Total impaired loans 10,123 - - 10,123 Other real estate owned Residential 200 - - 200 Commercial 868 - - 868 Total other real estate owned $ 1,068 $ - $ - $ 1,068
Fair Value, by Balance Sheet Grouping [Table Text Block]	The estimated fair value of the financial instruments is as follows: Fair Value Measurements Using 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) June 30, 2015 Financial assets: Cash and cash equivalents $ 15,819 $ 15,819 $ - $ 15,819 $ - Securities available for sale 20,584 20,584 2,059 18,525 - Other investment securities 859 859 - - 859 Loans, net 141,033 144,671 - - 144,671 Accrued interest receivable 312 312 - - 312 Financial liabilities: Noninterest-bearing deposits $ 23,627 $ 23,627 $ - $ 23,627 $ - Interest-bearing deposits 145,417 146,209 - 146,209 - Borrowed funds 5,352 5,352 - 5,352 - Accrued interest payable 1,166 1,166 - - 1,166 December 31, 2014 Financial assets: Cash and cash equivalents $ 16,633 $ 16,633 $ - $ 16,633 $ - Securities available for sale 31,164 31,164 5,067 26,097 - Other investment securities 859 859 - - 859 Loans, net 142,557 145,895 - - 145,895 Accrued interest receivable 348 348 - - 348 Financial liabilities: Noninterest-bearing deposits $ 23,153 $ 23,153 $ - $ 23,153 $ - Interest-bearing deposits 154,814 155,735 - 155,735 - Borrowed funds 6,147 6,147 - 6,147 - Accrued interest payable 1,492 1,492 - - 1,492

SUMMARY OF SIGNIFICANT ACCOUN24

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) - USD ($) $ in Thousands	1 Months Ended
	Jun. 30, 2014	Jun. 30, 2015	Dec. 31, 2014
Summary Of Significant Accounting Policies [Line Items]
Class of Warrant or Right, Outstanding	119,003
Warrant [Member]
Summary Of Significant Accounting Policies [Line Items]
Class of Warrant or Right, Outstanding	119,003	75,597	118,253
Warrants Expiry Term	2 years
Warrants Expiry Date	Jun. 25, 2016
Stock and Warrants Issued During Period, Value, Preferred Stock and Warrants	$ 187
Stock Offering [Member]
Summary Of Significant Accounting Policies [Line Items]
Warrant Exercise Price, Description	the Companys common stock at 90% of the prior months closing book value.

EARNINGS PER COMMON SHARE (Deta

EARNINGS PER COMMON SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Net income	$ 149	$ 196	$ 252	$ 497
Weighted average common shares outstanding (in shares)	648,397	560,485	626,245	500,563
Basic earnings per common share (in dollars per share)	$ 0.23	$ 0.35	$ 0.40	$ 0.99
Total shares and warrants (in shares)	656,668	572,319	636,097	512,430
Diluted earnings per common share (in dollars per share)	$ 0.23	$ 0.34	$ 0.40	$ 0.97

INVESTMENT SECURITIES (Details)

INVESTMENT SECURITIES (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Amortized Cost	$ 20,683	$ 31,174
Available-for-sale, Gross Unrealized Gains	29	123
Available-for-sale, Gross Unrealized Losses	(128)	(133)
Available-for-sale, Fair Value	20,584	31,164
U.S. government securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Amortized Cost	2,053	5,049
Available-for-sale, Gross Unrealized Gains	6	18
Available-for-sale, Gross Unrealized Losses	0	0
Available-for-sale, Fair Value	2,059	5,067
U.S. government federal agencies [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Amortized Cost	9,681	13,905
Available-for-sale, Gross Unrealized Gains	8	31
Available-for-sale, Gross Unrealized Losses	(32)	(67)
Available-for-sale, Fair Value	9,657	13,869
State and local governments [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Amortized Cost	2,809	1,029
Available-for-sale, Gross Unrealized Gains	5	7
Available-for-sale, Gross Unrealized Losses	(28)	(1)
Available-for-sale, Fair Value	2,786	1,035
Mortgage backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Amortized Cost	6,140	11,191
Available-for-sale, Gross Unrealized Gains	10	67
Available-for-sale, Gross Unrealized Losses	(68)	(65)
Available-for-sale, Fair Value	$ 6,082	$ 11,193

INVESTMENT SECURITIES (Details

INVESTMENT SECURITIES (Details 1) $ in Thousands	Jun. 30, 2015USD ($)
Securities available-for-sale, Amortized Cost, Amounts maturing in:
One year or less	$ 1,463
After one year through five years	10,558
After five years through ten years	3,219
After ten years	5,443
Total	20,683
Securities available-for-sale, Fair Value, Amounts maturing in:
One year or less	1,467
After one year through five years	10,544
After five years through ten years	3,195
After ten years	5,378
Total	$ 20,584

INVESTMENT SECURITIES (Detail28

INVESTMENT SECURITIES (Details 2) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 months Fair value	$ 7,770	$ 5,651
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 months Gross unrealized losses	(55)	(18)
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or greater Fair value	4,132	8,663
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or greater Gross unrealized Losses	(73)	(115)
Available-for-sale Securities, Continuous Unrealized Loss Position, Total Fair Value	11,902	14,314
Available-for-sale Securities, Continuous Unrealized Loss Position, Total Gross unrealized losses	(128)	(133)
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	4,307	3,088
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 months Gross unrealized losses	(18)	(9)
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or greater Fair value	1,988	4,979
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or greater Gross unrealized Losses	(14)	(58)
Available-for-sale Securities, Continuous Unrealized Loss Position, Total Fair Value	6,295	8,067
Available-for-sale Securities, Continuous Unrealized Loss Position, Total Gross unrealized losses	(32)	(67)
State and 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	1,752	578
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 months Gross unrealized losses	(28)	(1)
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	1,752	578
Available-for-sale Securities, Continuous Unrealized Loss Position, Total Gross unrealized losses	(28)	(1)
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	1,711	1,985
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 months Gross unrealized losses	(9)	(8)
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or greater Fair value	2,144	3,684
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or greater Gross unrealized Losses	(59)	(57)
Available-for-sale Securities, Continuous Unrealized Loss Position, Total Fair Value	3,855	5,669
Available-for-sale Securities, Continuous Unrealized Loss Position, Total Gross unrealized losses	$ (68)	$ (65)

INVESTMENT SECURITIES (Detail29

INVESTMENT SECURITIES (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities Pledged as Collateral	$ 15,319,000		$ 15,319,000		$ 28,793,000
Available-for-sale Securities, Sold, Amount			$ 5,600,000
Available-for-sale Securities, Sold, Weighted Average Yield			1.81%
Available-for-sale Securities, Sold, Weighted Average Maturity			3 years 7 months 6 days
Available-for-sale Securities, Purchase, Amount			$ 3,000,000
Available-for-sale Securities, Purchase, Weighted Average Yield			2.46%
Available-for-sale Securities, Purchase, Weighted Average Maturity			6 years 6 months
Gain (Loss) on Sale of Securities, Net	$ 58,000	$ 0	$ 148,000	$ 0
US Treasury Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Gain (Loss) on Sale of Securities, Net			$ 148,000

LOANS AND ALLOWANCE FOR LOAN 30

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance at beginning of period	$ 3,443	$ 4,349	$ 3,869	$ 4,384
Provision for credit losses	0	(186)	0	(186)
Total charge-offs	1,069	483	1,523	582
Total Recoveries	40	220	68	284
Allowance at end of period	2,414	3,900	2,414	3,900
Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance at beginning of period			3,491
Total charge-offs	1,001	401	1,422	408
Total Recoveries	27	204	39	248
Allowance at end of period	1,995		1,995
Real estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance at beginning of period			195
Total charge-offs	38	10	42	38
Total Recoveries	0	0	0	5
Allowance at end of period	251		251
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance at beginning of period			183
Total charge-offs	30	72	59	136
Total Recoveries	13	$ 16	29	$ 31
Allowance at end of period	$ 168		$ 168

LOANS AND ALLOWANCE FOR LOAN 31

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 1) - USD ($) $ in Thousands	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively Evaluated, Allowance for loan losses	$ 2,127		$ 2,715
Collectively Evaluated, Recorded investment in loans	140,759		135,149
Individually Evaluated, Allowance for loan losses	287		1,154
Individually Evaluated, Recorded investment in loans	2,688		11,277
Total Allowance for loan losses	2,414	$ 3,443	3,869	$ 3,900	$ 4,349	$ 4,384
Total Recorded investment in loans	143,447		146,426
Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively Evaluated, Allowance for loan losses	1,857		2,422
Collectively Evaluated, Recorded investment in loans	81,618		77,651
Individually Evaluated, Allowance for loan losses	138		1,069
Individually Evaluated, Recorded investment in loans	1,998		10,338
Total Allowance for loan losses	1,995		3,491
Total Recorded investment in loans	83,616		87,989
Real estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively Evaluated, Allowance for loan losses	115		124
Collectively Evaluated, Recorded investment in loans	38,547		38,091
Individually Evaluated, Allowance for loan losses	136		71
Individually Evaluated, Recorded investment in loans	540		665
Total Allowance for loan losses	251		195
Total Recorded investment in loans	39,087		38,756
Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively Evaluated, Allowance for loan losses	155		169
Collectively Evaluated, Recorded investment in loans	20,594		19,407
Individually Evaluated, Allowance for loan losses	13		14
Individually Evaluated, Recorded investment in loans	150		274
Total Allowance for loan losses	168		183
Total Recorded investment in loans	$ 20,744		$ 19,681

LOANS AND ALLOWANCE FOR LOAN 32

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 2) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Loans	$ 143,447	$ 146,426
Commercial mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	69,616	74,401
Commercial mortgage [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	62,839	61,047
Commercial mortgage [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	1,462	4,524
Commercial mortgage [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	5,315	8,131
Commercial mortgage [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	0	699
Commercial other [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	14,000	13,588
Commercial other [Member] | Pass [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	12,142	13,014
Commercial other [Member] | Special Mention [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	1,735	344
Commercial other [Member] | Substandard [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	123	230
Commercial other [Member] | Doubtful [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Residential real estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	39,087	38,756
Residential real estate [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	38,060	37,729
Residential real estate [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	369	430
Residential real estate [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	658	597
Residential real estate [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Consumer equity [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	8,054	7,037
Consumer equity [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	7,979	6,945
Consumer equity [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	75	77
Consumer equity [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	0	15
Consumer equity [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Consumer Auto [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	11,050	10,756
Consumer Auto [Member] | Pass [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	10,961	10,649
Consumer Auto [Member] | Special Mention [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	55	54
Consumer Auto [Member] | Substandard [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	34	53
Consumer Auto [Member] | Doubtful [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Consumer Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	20,744	19,681
Consumer Other [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	1,640	1,888
Consumer Other [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Consumer Other [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Consumer Other [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	$ 0	$ 0

LOANS AND ALLOWANCE FOR LOAN 33

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 3) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	$ 1,084	$ 7,438
Unpaid Principal Balance, With no related allowance recorded	1,716	7,838
Related Allowance, With no allowance recorded	0	0
Recorded Investment, With an allowance recorded	1,604	3,839
Unpaid Principal Balance, With an allowance recorded	1,722	3,961
Related Allowance, With an allowance recorded	287	1,154
Recorded Investment, Total	2,401	10,123
Unpaid Principal Balance, Total	3,438	11,799
Related Allowance, Toal	287	1,154
Commercial mortgage [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	1,084	7,027
Unpaid Principal Balance, With no related allowance recorded	1,716	7,368
Related Allowance, With no allowance recorded	0	0
Recorded Investment, With an allowance recorded	914	3,100
Unpaid Principal Balance, With an allowance recorded	1,018	3,191
Related Allowance, With an allowance recorded	138	925
Commercial other [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	0	67
Unpaid Principal Balance, With no related allowance recorded	0	67
Related Allowance, With no allowance recorded	0	0
Recorded Investment, With an allowance recorded	0	144
Unpaid Principal Balance, With an allowance recorded	0	168
Related Allowance, With an allowance recorded	0	144
Residential real estate [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	0	223
Unpaid Principal Balance, With no related allowance recorded	0	278
Related Allowance, With no allowance recorded	0	0
Recorded Investment, With an allowance recorded	540	442
Unpaid Principal Balance, With an allowance recorded	554	449
Related Allowance, With an allowance recorded	136	71
Consumer equity [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	0	15
Unpaid Principal Balance, With no related allowance recorded	0	16
Related Allowance, With no allowance recorded	0	0
Recorded Investment, With an allowance recorded	150	153
Unpaid Principal Balance, With an allowance recorded	150	153
Related Allowance, With an allowance recorded	13	14
Consumer auto [Member] | Consumer [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	0	106
Unpaid Principal Balance, With no related allowance recorded	0	109
Related Allowance, With no allowance recorded	0	0
Recorded Investment, With an allowance recorded	0	0
Unpaid Principal Balance, With an allowance recorded	0	0
Related Allowance, With an allowance recorded	$ 0	$ 0

LOANS AND ALLOWANCE FOR LOAN 34

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 4) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Financing Receivable, Impaired [Line Items]
Average Recorded Investment, With No Related Allowance Recorded	$ 3,334	$ 8,692	$ 4,702	$ 8,369
Total Interest Income Recognized, With No Related Allowance Recorded	4	37	32	74
Average Recorded Investment, With Related Allowance Recorded	3,142	3,180	3,374	3,331
Total Interest Income Recognized, With Related Allowance Recorded	13	9	26	18
Total Average Recorded Investment	6,476	11,872	8,076	11,700
Total Interest Income Recognized	17	46	58	92
Consumer [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment, With No Related Allowance Recorded	0	0	0	0
Total Interest Income Recognized, With No Related Allowance Recorded	0	0	0	0
Average Recorded Investment, With Related Allowance Recorded	0	0	0	0
Total Interest Income Recognized, With Related Allowance Recorded	0	0	0	0
Total Average Recorded Investment	0	0	0	0
Total Interest Income Recognized	0	0	0	0
Commercial mortgage [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment, With No Related Allowance Recorded	2,946	8,131	4,306	7,696
Total Interest Income Recognized, With No Related Allowance Recorded	1	35	25	70
Average Recorded Investment, With Related Allowance Recorded	2,452	2,232	2,669	2,272
Total Interest Income Recognized, With Related Allowance Recorded	6	0	12	0
Total Average Recorded Investment	5,398	10,363	6,975	9,968
Total Interest Income Recognized	7	35	37	70
Commercial other [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment, With No Related Allowance Recorded	50	244	56	200
Total Interest Income Recognized, With No Related Allowance Recorded	1	1	1	1
Average Recorded Investment, With Related Allowance Recorded	61	175	88	335
Total Interest Income Recognized, With Related Allowance Recorded	0	0	0	0
Total Average Recorded Investment	111	419	144	535
Total Interest Income Recognized	1	1	1	1
Residential real estate [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment, With No Related Allowance Recorded	237	120	232	266
Total Interest Income Recognized, With No Related Allowance Recorded	1	1	4	2
Average Recorded Investment, With Related Allowance Recorded	478	618	466	563
Total Interest Income Recognized, With Related Allowance Recorded	4	7	9	13
Total Average Recorded Investment	715	738	698	829
Total Interest Income Recognized	5	8	13	15
Consumer equity [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment, With No Related Allowance Recorded	3	95	7	95
Total Interest Income Recognized, With No Related Allowance Recorded	0	0	0	0
Average Recorded Investment, With Related Allowance Recorded	151	155	151	158
Total Interest Income Recognized, With Related Allowance Recorded	3	2	5	5
Total Average Recorded Investment	154	250	158	253
Total Interest Income Recognized	3	2	5	5
Consumer Auto [Member] | Consumer [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment, With No Related Allowance Recorded	98	102	101	112
Total Interest Income Recognized, With No Related Allowance Recorded	1	0	2	1
Average Recorded Investment, With Related Allowance Recorded	0	0	0	3
Total Interest Income Recognized, With Related Allowance Recorded	0	0	0	0
Total Average Recorded Investment	98	102	101	115
Total Interest Income Recognized	$ 1	$ 0	$ 2	$ 1

LOANS AND ALLOWANCE FOR LOAN 35

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 5) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)
Financing Receivable, Modifications [Line Items]
Number of TDRs		4	0	9	7
Pre-Modification Outstanding Recorded Investment	[1]	$ 187	$ 0	$ 375	$ 498
Post-Modification Outstanding Recorded Investment		$ 187	$ 0	$ 375	$ 498
Consumer Other [Member]
Financing Receivable, Modifications [Line Items]
Number of TDRs		0	0	0	1
Pre-Modification Outstanding Recorded Investment	[1]		$ 0	$ 0	$ 0
Post-Modification Outstanding Recorded Investment		$ 0	$ 0	$ 0	$ 0
Commercial mortgage [Member]
Financing Receivable, Modifications [Line Items]
Number of TDRs		0	0	1	3
Pre-Modification Outstanding Recorded Investment	[1]	$ 0	$ 0	$ 169	$ 310
Post-Modification Outstanding Recorded Investment		$ 0	$ 0	$ 169	$ 310
Residential real estate [Member]
Financing Receivable, Modifications [Line Items]
Number of TDRs		2	0	2	2
Pre-Modification Outstanding Recorded Investment	[1]	$ 166	$ 0	$ 166	$ 187
Post-Modification Outstanding Recorded Investment		$ 166	$ 0	$ 166	$ 187
Consumer auto [Member]
Financing Receivable, Modifications [Line Items]
Number of TDRs		2	0	6	1
Pre-Modification Outstanding Recorded Investment	[1]	$ 21	$ 0	$ 40	$ 1
Post-Modification Outstanding Recorded Investment		$ 21	$ 0	$ 40	$ 1
[1]	Pre-modification balance is calculated using the loan balance on the day prior to modification as TDR.

LOANS AND ALLOWANCE FOR LOAN 36

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 6) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 783	$ 7,440
Current	142,655	138,986
Total Loans	143,447	146,426
Recorded Investment >90 Days and Accruing	9	0
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	299	1,860
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	271	580
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	213	5,000
Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	20	24
Current	1,611	1,864
Total Loans	1,640	1,888
Recorded Investment >90 Days and Accruing	9	0
Consumer [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	4	8
Consumer [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	7	6
Consumer [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	9	10
Commercial mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	452	6,507
Current	69,164	67,894
Total Loans	69,616	74,401
Recorded Investment >90 Days and Accruing	0	0
Commercial mortgage [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	30	1,345
Commercial mortgage [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	253	238
Commercial mortgage [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	169	4,924
Commercial other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0
Commercial other [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		181
Current	14,000	13,407
Total Loans	14,000	13,588
Recorded Investment >90 Days and Accruing	0	0
Commercial other [Member] | Commercial Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	17
Commercial other [Member] | Commercial Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	144
Commercial other [Member] | Commercial Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	20
Residential real estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	171	683
Current	38,916	38,073
Total Loans	39,087	38,756
Recorded Investment >90 Days and Accruing	0	0
Residential real estate [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	136	470
Residential real estate [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	186
Residential real estate [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	35	27
Consumer equity [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	60	0
Current	7,994	7,037
Total Loans	8,054	7,037
Recorded Investment >90 Days and Accruing	0	0
Consumer equity [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	60	0
Consumer equity [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Consumer equity [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Consumer Auto [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	11,050	10,756
Consumer Auto [Member] | Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	80	45
Current	10,970	10,711
Total Loans	11,050	10,756
Recorded Investment >90 Days and Accruing	0	0
Consumer Auto [Member] | Consumer [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	69	20
Consumer Auto [Member] | Consumer [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	11	6
Consumer Auto [Member] | Consumer [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 0	$ 19

LOANS AND ALLOWANCE FOR LOAN 37

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 7) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans on nonaccrual status	$ 1,766	$ 7,729
Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans on nonaccrual status	0	0
Commercial mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans on nonaccrual status	1,373	7,200
Commercial other [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans on nonaccrual status	0	169
Residential real estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans on nonaccrual status	372	307
Consumer equity [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans on nonaccrual status	0	15
Consumer Auto [Member] | Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans on nonaccrual status	$ 21	$ 38

BORROWINGS (Details)

BORROWINGS (Details) - Jun. 30, 2015 - USD ($)		Total
Loan 1 [Member]
Debt Instrument [Line Items]
Debt, Balance		$ 2,670,683
Debt, Interest Rate		8.00%
Debt, Frequency of Payments		Monthly
Debt, Status		Interest Only
Debt, Maturity Date		Dec. 29, 2015
Loan 2 [Member]
Debt Instrument [Line Items]
Debt, Balance		$ 601,788
Debt, Interest Rate		4.75%
Debt, Frequency of Payments		Monthly
Debt, Status		Amortizing
Debt, Maturity Date		Nov. 21, 2019
Loan 3 [Member]
Debt Instrument [Line Items]
Debt, Balance		$ 435,416
Debt, Interest Rate		4.25%
Debt, Frequency of Payments		Monthly
Debt, Status		Amortizing
Debt, Maturity Date		Jun. 26, 2019
Loan 4 [Member]
Debt Instrument [Line Items]
Debt, Balance		$ 1,644,547
Debt, Interest Rate		6.00%
Debt, Frequency of Payments	[1]
Debt, Status		Deferred I/O
Debt, Maturity Date		Aug. 4, 2021
[1]	Monthly interest payments are deferred until August 2015

BORROWINGS (Details Textual)

BORROWINGS (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Debt Instrument [Line Items]
Debt Conversion, Original Debt, Amount	$ 656	$ 0
Note One [Member]
Debt Instrument [Line Items]
Debt Conversion, Original Debt, Amount	2,700
Note Two [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	5,000
Debt Conversion, Original Debt, Amount	$ 2,300
Debt Conversion, Converted Instrument, Shares Issued	28,675
Debt Instrument, Convertible, Conversion Price	$ 22.86
Note Three [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 1,600

EMPLOYEE BENEFIT PLANS (Details

EMPLOYEE BENEFIT PLANS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net periodic pension cost:
Interest cost on projected benefit obligation	$ 14	$ 13	$ 27	$ 26
Expected return on plan assets	(11)	(10)	(22)	(20)
Settlement loss	0	0	0	0
Net amortization of deferral of (gains) losses	17	12	34	24
Net periodic pension cost	$ 20	$ 15	$ 39	$ 30

FAIR VALUES OF FINANCIAL INST41

FAIR VALUES OF FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Total	$ 20,584	$ 31,164
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Total	2,059	5,067
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Total	18,525	26,097
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 securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Total	2,059	5,067
U.S. government 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	2,059	5,067
U.S. government 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	0	0
U.S. government 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
U.S. government federal agencies [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Total	9,657	13,869
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	9,657	13,869
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	2,786	1,035
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	2,786	1,035
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	6,082	11,193
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	6,082	11,193
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 INST42

FAIR VALUES OF FINANCIAL INSTRUMENTS (Details 1) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 2,401	$ 10,123
Other real estate owned	361	1,068
Consumer mortgage [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	1,860	9,202
Commercial other [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	67
Consumer equity [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	137	154
Consumer auto [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	106
Residential [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	63	200
Commercial Real Estate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	298	868
Residential Real Estate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	404	594
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 1 [Member] | Consumer mortgage [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Fair Value, Inputs, Level 1 [Member] | Commercial other [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Fair Value, Inputs, Level 1 [Member] | Consumer equity [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Fair Value, Inputs, Level 1 [Member] | Consumer auto [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Fair Value, Inputs, Level 1 [Member] | Residential [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	0	0
Fair Value, Inputs, Level 1 [Member] | Commercial Real Estate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	0	0
Fair Value, Inputs, Level 1 [Member] | Residential Real Estate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	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 2 [Member] | Consumer mortgage [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Fair Value, Inputs, Level 2 [Member] | Commercial other [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Fair Value, Inputs, Level 2 [Member] | Consumer equity [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Fair Value, Inputs, Level 2 [Member] | Consumer auto [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Fair Value, Inputs, Level 2 [Member] | Residential [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	0	0
Fair Value, Inputs, Level 2 [Member] | Commercial Real Estate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	0	0
Fair Value, Inputs, Level 2 [Member] | Residential Real Estate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	2,401	10,123
Other real estate owned	361	1,068
Fair Value, Inputs, Level 3 [Member] | Consumer mortgage [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	1,860	9,202
Fair Value, Inputs, Level 3 [Member] | Commercial other [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	67
Fair Value, Inputs, Level 3 [Member] | Consumer equity [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	137	154
Fair Value, Inputs, Level 3 [Member] | Consumer auto [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	106
Fair Value, Inputs, Level 3 [Member] | Residential [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	63	200
Fair Value, Inputs, Level 3 [Member] | Commercial Real Estate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	298	868
Fair Value, Inputs, Level 3 [Member] | Residential Real Estate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 404	$ 594

FAIR VALUES OF FINANCIAL INST43

FAIR VALUES OF FINANCIAL INSTRUMENTS (Details 2) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013
Financial assets, Carrying Amount:
Cash and cash equivalents	$ 15,819	$ 16,633	$ 19,892	$ 15,004
Securities available for sale	20,584	31,164
Other investment securities	859	859
Loans, net	141,033	142,557
Accrued interest receivable	312	348
Financial liabilities, Carrying Amount:
Noninterest-bearing deposits	23,627	23,153
Interest-bearing deposits	145,417	154,814
Borrowed funds	5,352	6,147
Accrued interest payable	1,166	1,492
Financial assets, Fair Value:
Cash and cash equivalents	15,819	16,633
Securities available for sale	20,584	31,164
Other investment securities	859	859
Loans, net	144,671	145,895
Accrued interest receivable	312	348
Financial liabilities, Fair Value:
Noninterest-bearing deposits	23,627	23,153
Interest-bearing deposits	146,209	155,735
Borrowed funds	5,352	6,147
Accrued interest payable	1,166	1,492
Fair Value, Inputs, Level 1 [Member]
Financial assets, Carrying Amount:
Securities available for sale	2,059	5,067
Financial assets, Fair Value:
Cash and cash equivalents	0	0
Securities available for sale	2,059	5,067
Other investment securities	0	0
Loans, net	0	0
Accrued interest receivable	0	0
Financial liabilities, Fair Value:
Noninterest-bearing deposits	0	0
Interest-bearing deposits	0	0
Borrowed funds	0	0
Accrued interest payable	0	0
Fair Value, Inputs, Level 2 [Member]
Financial assets, Carrying Amount:
Securities available for sale	18,525	26,097
Financial assets, Fair Value:
Cash and cash equivalents	15,819	16,633
Securities available for sale	18,525	26,097
Other investment securities	0	0
Loans, net	0	0
Accrued interest receivable	0	0
Financial liabilities, Fair Value:
Noninterest-bearing deposits	23,627	23,153
Interest-bearing deposits	146,209	155,735
Borrowed funds	5,352	6,147
Accrued interest payable	0	0
Fair Value, Inputs, Level 3 [Member]
Financial assets, Carrying Amount:
Securities available for sale	0	0
Financial assets, Fair Value:
Cash and cash equivalents	0	0
Securities available for sale	0	0
Other investment securities	859	859
Loans, net	144,671	145,895
Accrued interest receivable	312	348
Financial liabilities, Fair Value:
Noninterest-bearing deposits	0	0
Interest-bearing deposits	0	0
Borrowed funds	0	0
Accrued interest payable	$ 1,166	$ 1,492