Citizens Independent Bancorp (CZID) 10-K 24 Mar 16 2015 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Mar. 18, 2016	Jun. 30, 2014
Document Information [Line Items]
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
Entity Common Stock, Shares Outstanding		669,754
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,015
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$ 5,337,000

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Cash and cash equivalents
Cash and amounts due from depository institutions	$ 5,307	$ 13,290
Federal funds sold	4,064	3,343
Total cash and cash equivalents	9,371	16,633
Securities available for sale	14,013	31,164
Other investment securities	859	859
Loans	149,231	146,426
Allowance for loan losses	(2,078)	(3,869)
Net loans	147,153	142,557
Premises and equipment, net	2,977	3,050
Accrued interest receivable	285	348
Other real estate owned	238	1,068
Other assets	8,899	6,144
TOTAL ASSETS	183,795	201,823
Deposits
Noninterest bearing	26,116	23,153
Interest bearing	136,209	154,814
Total deposits	162,325	177,967
Borrowed funds	2,569	6,147
Accrued interest payable	759	1,492
Other liabilities	783	1,380
TOTAL LIABILITIES	166,436	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 and 721,998 shares issued and 667,618 shares outstanding at December 31, 2015 and 638,555 shares issued and 584,175 shares outstanding at December 31, 2014	14,296	12,297
Common stock warrants, 119,003 warrants issued and 67,985 outstanding at December 31, 2015 and 118,253 warrants outstanding at December 31, 2014	108	187
Retained earnings	10,112	9,458
Treasury stock, at cost, 54,380 shares at December 31, 2015 and at December 31, 2014	(6,590)	(6,590)
Accumulated other comprehensive income (loss)	(567)	(515)
TOTAL SHAREHOLDERS' EQUITY	17,359	14,837
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 183,795	$ 201,823

CONSOLIDATED BALANCE SHEETS _Pa

CONSOLIDATED BALANCE SHEETS [Parenthetical] - $ / shares	Dec. 31, 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	721,998	638,555
Common stock, shares outstanding	667,618	584,175
Treasury stock, shares	54,380	54,380
Warrant [Member]
Stock warrants issued	119,003
Stock warrants outstanding	67,985	118,253

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
INTEREST INCOME
Interest and fees on loans	$ 7,764	$ 7,689
Interest and dividends on investment securities	382	738
Interest on federal funds sold	26	26
TOTAL INTEREST INCOME	8,172	8,453
INTEREST EXPENSE
Interest on deposits	891	1,178
Interest on borrowed funds	334	456
TOTAL INTEREST EXPENSE	1,225	1,634
NET INTEREST INCOME	6,947	6,819
Provision for loan losses	(250)	(186)
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	7,197	7,005
NONINTEREST INCOME
Service charges	409	451
Net gain on sale of securities	168	202
Net gain on sale of loans	28	0
Net gain on sale of repossessed assets	245	464
Credit card income and fees	350	339
Other	291	272
TOTAL NONINTEREST INCOME	1,491	1,728
NONINTEREST EXPENSES
Salaries and employee benefits	3,174	3,392
Net occupancy and equipment expenses	929	1,048
Other real estate owned expense	223	308
FDIC insurance expense	242	401
Legal and professional fees	559	434
Data processing	366	314
Advertising	198	205
Examinations and audits	288	341
Telephone, postage, and supplies	263	264
Lease buyout and worthless asset write downs	348	0
Other professional fees	175	150
Director fees	215	174
Dues and subscriptions	165	172
Other insurance	114	142
Other operating expenses	543	409
TOTAL NONINTEREST EXPENSES	7,802	7,754
INCOME BEFORE INCOME TAXES	886	979
Income tax expense (benefit)	232	(5,099)
NET INCOME	$ 654	$ 6,078
Basic earnings per common share (in dollars per share)	$ 1.01	$ 11.21
Diluted earnings per common share (in dollars per share)	$ 1	$ 11.08

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Net income	$ 654	$ 6,078
Other comprehensive income (loss), net of tax:
Change in unrecognized actuarial loss on pension plan, net of income taxes of ($3) and ($70) for the years ended December 31, 2015 and 2014, respectively	(5)	(138)
Net unrealized holding gain (loss) on securities available for sale, net of income taxes of $33 and $118 for the years ended December 31, 2015 and 2014, respectively	64	227
Reclassification for gains recognized on sale of securities available for sale, net of income taxes of $57 and $69 for the years ended December 31, 2015 and 2014, respectively	(111)	(133)
Other comprehensive income (loss)	(52)	(44)
Comprehensive income	$ 602	$ 6,034

CONSOLIDATED STATEMENTS OF COM6

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Parenthetical] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net Gain (Loss), Tax	$ (3)	$ (70)
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Tax	33	118
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Tax	$ 57	$ 69

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock [Member]	Warrant [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Accumulated Distributions in Excess of Net Income [Member]
Balance at beginning of period at Dec. 31, 2013	$ 5,626	$ 9,307	$ 0	$ 3,380	$ (6,590)	$ (471)
Comprehensive Income:
Net income	6,078			6,078
Other comprehensive income, net of tax:
Change in unrealized gain (loss) on securities available for sale	94					94
Change in unrecognized gain (loss) on pension	(138)					(138)
Common stock warrants issued	188		188
Common stock warrants exercised	11	12	(1)
Common stock issued	2,978	2,978
Balance at end of period at Dec. 31, 2014	14,837	12,297	187	9,458	(6,590)	(515)
Comprehensive Income:
Net income	654			654
Other comprehensive income, net of tax:
Change in unrealized gain (loss) on securities available for sale	(47)					(47)
Change in unrecognized gain (loss) on pension	(5)					(5)
Common stock warrants exercised	1,150	1,229	(79)
Common stock issued	770	770
Balance at end of period at Dec. 31, 2015	$ 17,359	$ 14,296	$ 108	$ 10,112	$ (6,590)	$ (567)

CONSOLIDATED STATEMENTS OF CHA8

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY [Parenthetical] - shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Common Stock [Member]
Stock Issued During Period, Shares, New Issues	33,175	238,057
Warrant [Member]
Stock Issued During Period, Shares, New Issues		119,003
Common Stock Warrants Exercised	50,268	750

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 654	$ 6,078
Adjustment to reconcile net income to net cash provided by operating activities
Provision for loan losses	(250)	(186)
Depreciation and amortization	291	333
Deferred income taxes	232	(5,099)
Investment securities amortization (accretion), net	121	173
Provision for loss on real estate owned	138	127
Change in cash surrender value of bank owned life insurance	(39)	(8)
Net (gain) loss on sale of other real estate owned	(245)	(464)
Net (gain) loss on sale of investments	(168)	(202)
Net (gain) loss on disposition of premises and equipment	132	20
Net (gain) on sale of loans	(28)	0
Proceeds from sale of loans	1,121	0
Loans originated for sale	(1,093)	0
Net change in:
Accrued interest receivable	63	98
Accrued interest payable	(733)	(443)
Other assets	78	451
Other liabilities	(604)	(186)
Net cash provided by (used in) operating activities	(330)	692
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of available for sale securities	(3,083)	(5,070)
Proceeds from maturities of available for sale securities	5,792	3,998
Proceeds from the sale of available for sale securities	14,418	4,710
Purchase of bank owned life insurance	(3,000)	0
Net changes in loans	(4,496)	(858)
Proceeds from the sale of other real estate owned	1,087	2,920
Purchases of premises and equipment	(350)	(120)
Net cash provided by investing activities	10,368	5,580
CASH FLOWS FROM FINANCING ACTIVITIES
Net change in deposits	(15,642)	(7,604)
Payments on loans payable	(2,921)	(216)
Proceeds from issuance of common stock and warrants	1,263	3,177
Net cash provided by (used in) financing activities	(17,300)	(4,643)
Net increase (decrease) in cash and cash equivalents	(7,262)	1,629
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	16,633	15,004
CASH AND CASH EQUIVALENTS AT END OF YEAR	$ 9,371	$ 16,633

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	NOTE A - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Citizens Independent Bancorp, Inc. (the Bancorp) is a bank holding company whose wholly-owned bank subsidiary, The Citizens Bank of Logan (the Bank), together 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. In October 2012, the Bank entered into publicly available Consent Orders with the Federal Deposit Insurance Corporation (FDIC) and the Ohio Division of Financial Institutions (DFI) (collectively referred to as the Orders), which required the Bank to take a number of actions. In October 2015, both the FDIC and DFI lifted their respective Consent Orders. Significant among the ongoing required actions is the development of a Capital Plan which will result in the Bank meeting and maintaining its level of Tier 1 capital as a percentage of its total assets at a minimum of 8.00 11.50 The accounting and reporting policies of the Bancorp and the Bank conform with accounting principles generally accepted in the United States of America and to general practices followed within the banking industry. To conform to the 2015 presentation, certain reclassifications have been made to prior amounts, which had no impact on net income, comprehensive income, or shareholders’ equity. The consolidated financial statements include the accounts of the Bancorp and the Bank. All significant intercompany transactions and balances have been eliminated. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Debt securities are classified as held-to-maturity when management has the positive intent and ability to hold the securities to maturity. Securities held-to-maturity are carried at amortized cost. The amortization of premiums and accretion of discounts are recognized in interest income using methods approximating the interest method over the period to maturity. Debt securities not classified as held-to-maturity are classified as available for sale. Securities available–for-sale are carried at fair value with unrealized gains and losses, net of the deferred income tax effect, reported in accumulated other comprehensive income. Realized gains (losses) on securities available for sale are included in noninterest income (expense) and, when applicable, are reported as a reclassification adjustment, net of income tax, in other comprehensive income. Gains and losses on sales of securities are determined on the specific-identification method. Declines in the fair value of individual held to maturity and available for sale securities below their cost that are other than temporary result in write-downs of the individual securities to their fair value. The related write-downs are included in earnings as realized losses of which none have been reported in the periods presented. Loans are stated at unpaid principal balances, less the allowance for loan losses and unearned discounts. Interest on loans is accrued based on principal amounts outstanding. The accrual of interest on mortgage and commercial loans is discontinued at the time the loan is 90 days past due unless the credit is well-secured and in process of collection. Personal loans are typically charged off no later than 180 days past due. Past due status is based on contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged off at an earlier date if collection of principal or interest is considered doubtful. Interest accrued in the current year but not collected for loans that are placed on nonaccrual or charged off is reversed against current interest income and unpaid interest accrued in prior years is charged to the allowance for loan losses. The interest on nonaccrual loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Consistent with the Bank’s existing method of income recognition for loans, interest on impaired loans, except those classified as nonaccrual, is recognized as income using the accrual method. Mortgage loans originated and held for sale in the secondary market are carried at the lower of cost or market value determined on an aggregate basis. Net unrealized losses are recognized in a valuation allowance through charges to income. Gains and losses on the sale of loans held for sale are determined using the specific identification method. The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral, and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of specific, general, and environmental components. The specific component relates to loans that are classified as doubtful, substandard, or troubled debt restructurings (TDRs). For such loans that are also classified as impaired, an allowance is established when the discounted cash flows, collateral value, or observable market price of the impaired loan is lower than the carrying value of that loan. The general component covers non-classified loans and is based on historical loss experience adjusted for qualitative factors. A loan is considered impaired when, based on current information and events, it is probable that the Bank will be unable to collect the scheduled payments of principal and interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis for commercial and construction loans by either the present value of expected cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent. Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Accordingly, the Bank does not separately identify individual consumer and residential loans for impairment disclosures, unless such loans are the subject of a restructuring agreement. Management classifies loans as TDRs when a borrower is experiencing financial difficulties and the Bank has granted a concession. In order to determine whether a borrower is experiencing financial difficulty, an evaluation is performed of the probability that the borrower will be in payment default on any of its debt in the foreseeable future without the modification. This evaluation is performed under the Bank’s internal underwriting policy. Management’s policy is to modify loans by extending the term or by granting a temporary or permanent contractual interest rate below the market rate. TDRs are separately identified for impairment disclosures and are measured by the present value of estimated future cash flows using the loan’s effective rate at inception. If a TDR is considered to be a collateral dependent loan, the loan is reported at the fair value of the collateral. Land is carried at cost. Other premises and equipment are recorded at cost net of accumulated depreciation. Depreciation is computed using the straight-line method based principally on the estimated useful lives of the assets. Useful lives are revised when a change in life expectancy becomes apparent. Maintenance and repairs are expensed as incurred while major additions and improvements are capitalized. Gains or losses on dispositions are included in current operations as realized. OREO is recorded at fair value less anticipated selling costs (net realizable value) and consists of property acquired through loan foreclosure. If the net realizable value is below the carrying value of the loan at the date of transfer, the difference is charged to the allowance for loan losses. Subsequent declines in the fair value of real estate are classified as OREO devaluations, which are reported as adjustments to the carrying value of OREO and are recorded as a charge to operations included in noninterest expense. In certain circumstances where management believes the devaluation may not be permanent in nature, the Company utilizes a valuation allowance to record OREO devaluations, which is also expensed through noninterest expense. Costs relating to development and improvement of such properties are capitalized (not in excess of fair value less estimated costs to sell) and costs relating to holding the properties are charged to expense. The Bank had previously purchased a life insurance policy on one retired executive. In September 2015, the Bank purchased additional life insurance policies on ten members of senior management. Bank owned life insurance is recorded at its cash surrender value, or the amount that can be realized. Increases in the asset value are recorded as earnings in other income. (Dollars in thousands) 2015 2014 Securities available for sale $ (54) $ (7) Unrecognized actuarial loss of the pension plan (513) (508) Accumulated other comprehensive income $ (567) $ (515) Pension expense is the net of service and interest cost, return on plan assets, and amortization of gains and losses not immediately recognized. 401(k) plan expense is based on the Company’s annual contribution. (Dollars in thousands, except per share data) 2015 2014 Net income (loss) $ 654 $ 6,078 Weighted average common shares outstanding 645,849 542,398 Basic earnings per common share $ 1.01 $ 11.21 Total shares and warrants 652,478 548,348 Diluted earnings per common share $ 1.00 $ 11.08 At December 31, 2015, there were 67,985 90% of the book price per share at the close of the preceding month. June 25, 2016 In 2014, the Company offered a total of 369,754 184,877 554,631 238,057 119,003 3.2 Income taxes are provided for the tax effects of the transactions reported in the financial statements and consist of taxes currently due plus deferred taxes related primarily to differences between the basis of securities available for sale, allowance for loan losses, subsequent loss write-downs on other real estate owned, accumulated depreciation, nonaccrual interest on loans, and accrued employee benefits. The deferred tax assets and liabilities represent the future tax return consequences of those differences, which will either be taxable or deductible when the assets or liabilities are recovered or settled. Deferred tax assets and liabilities are reflected at income tax rates applicable to the period in which the deferred tax assets or liabilities are expected to be realized or settled. As changes in tax laws or rates are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes. A valuation allowance, if needed, reduces deferred tax assets to the amount expected to be realized. The Bancorp files consolidated income tax returns with the Bank. Advertising costs are charged to operations when incurred. The Company considers cash and amounts due from depository institutions, interest-bearing deposits in other banks, and federal funds sold, all of which have an original maturity of 90 days or less, to be cash and cash equivalents for purposes of the statements of cash flows. (Dollars in thousands) 2015 2014 Cash paid during the year for interest $ 1,958 $ 2,077 Non cash investing and financing activities Transfer of loans to real estate owned 150 803 Short term debt converted to common stock 656 - While the Bancorp’s chief decision makers monitor the revenue streams of various products and services, operations are managed and financial performance is evaluated on a Company-wide basis. Accordingly, all of the financial service operations are considered by management to be aggregated in one reportable segment. In January 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-04, “Receivables - Troubled Debt Restructurings by Creditors (Subtopic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure.” This ASU clarifies that an in-substance repossession or foreclosure occurs, and a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan, upon either (1) the creditor obtaining legal title to the residential real estate property upon completion of a foreclosure or (2) the borrower conveying all interest in the residential real estate property to the creditor to satisfy that loan through completion of a deed in lieu of foreclosure or through similar legal agreement. Additionally, the amendments require interim and annual disclosures of both (1) the amount of foreclosed residential real estate property held by the creditor and (2) the recorded investment in consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure according to local requirements of the applicable jurisdiction. This ASU became effective for the Company on January 1, 2015. The adoption of ASU No. 2014-04 did not have a material impact on the Company’s financial statements. In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606).” The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The core principle will be achieved using a five step process. In August 2015, the FASB issued ASU No. 2015-14, “Revenue from Contracts with Customers (Topic 606).” which amends the effective date for the Company from January 1, 2017 to January 1, 2018. The adoptions of ASU No. 2014-09 and ASU No. 2015-14 are not expected to have a material impact on the Company’s financial statements. In August 2014, the FASB issued ASU No. 2014-14, “Receivables - Troubled Debt Restructurings by Creditors (Subtopic 310-40): Classification of Certain Government-Guaranteed Mortgage Loans upon Foreclosure.” The amendments in this update require that a mortgage loan be derecognized and that a separate other receivable be recognized upon foreclosure if certain conditions are met. This ASU became effective for the Company on January 1, 2015. The adoption of ASU No. 2014-14 did not have a material impact on the Company’s financial statements. In February 2015, the FASB issued ASU No. 2015-02, “Consolidation (Topic 810) - Amendments to the Consolidation Analysis”. ASU No. 2015-02 eliminates the deferral of FAS 167 and makes changes to both the variable interest model and the voting model. This ASU will become effective for the Company on January 1, 2016. The adoption of ASU No. 2015-02 is not expected to have a material impact on the Company’s financial statements. In May 2015, the FASB issued ASU No. 2015-07, “Fair Value Measurement (Topic 820): Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent).” ASU No. 2015-07 removes the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient. The ASU also removes the requirement to make certain disclosures for all investments that are eligible to be measured at fair value using the net asset value per share practical expedient. This ASU will become effective for the Company on January 1, 2016. The adoption of ASU No. 2015-07 is not expected to have a material impact on the Company’s financial statements. In January 2016, the FASB issued ASU No. 2016-01, “Financial Instruments – Overall (Subtopic 825-10) Recognition and Measurement of Financial Assets and Financial Liabilities”. The new standard significantly revises an entity’s accounting related to 1) the classification and measurement of investments in equity securities and 2) the presentation of certain fair value changes for financial liabilities measured at fair value. It also amends certain disclosure requirements associated with the fair value of financial instruments. The amendment requires equity investments (excluding investments accounted for under the equity method or that result in consolidation) to be measured at fair value, with changes in fair value recognized in net income. This ASU will become effective for the Company on January 1, 2018. The adoption will require a cumulative effect to the statement of financial position as of the beginning of the first reporting period. The Company has not determined the expected effect of the adoption of ASU No. 2016-01.

RESTRICTION ON CASH AND DUE FRO

RESTRICTION ON CASH AND DUE FROM BANKS	12 Months Ended
	Dec. 31, 2015
Cash and Cash Equivalents [Abstract]
Cash and Cash Equivalents Disclosure [Text Block]	NOTE B - RESTRICTION ON CASH AND DUE FROM BANKS The Bank is required to maintain certain daily cash and due from bank reserve balances in accordance with regulatory requirements. The balance maintained under such requirements was $1,064,000 and $889,000 as of December 31, 2015 and 2014, respectively. As of December 31, 2015, the Bank was required to maintain a minimum balance of $861,000 with Great Lakes Bankers Bank.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	12 Months Ended
	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	NOTE C - INVESTMENT SECURITIES (Dollars in thousands) December 31, 2015 December 31, 2014 Gross Gross Gross Gross Amortized Unrealized Unrealized Fair Amortized Unrealized Unrealized Fair Cost Gains Losses Value Cost Gains Losses Value U.S. government securities $ 1,005 $ - $ - $ 1,005 $ 5,049 $ 18 $ - $ 5,067 U.S. government federal agencies 6,571 3 (39) 6,535 13,905 31 (67) 13,869 State and local governments 1,774 9 - 1,783 1,029 7 (1) 1,035 Mortgage backed securities 4,745 4 (59) 4,690 11,191 67 (65) 11,193 Total $ 14,095 $ 16 $ (98) $ 14,013 $ 31,174 $ 123 $ (133) $ 31,164 (Dollars in thousands) Amortized Fair Cost Value Amounts maturing in: One year or less $ 1,258 $ 1,259 After one year through five years 6,868 6,832 After five years through ten years 1,245 1,256 After ten years 4,724 4,666 Total $ 14,095 $ 14,013 Mortgage backed securities represent participating interests in pools of long-term first mortgage loans originated and serviced by issuers of the securities. The amortized cost and fair value of mortgage backed securities are presented in the available for sale category by contractual maturity in the preceding table. Expected maturities will differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. In 2015, the Bank sold $ 14.2 14.4 0.2 4.7 0.2 There were no securities transferred between classifications during either 2015 or 2014. Investment securities with a carrying amount of approximately $ 2,848,000 28,793,000 The caption “Other investment securities” in the consolidated balance sheets consists of Federal Home Loan Bank stock. This equity security is carried at cost since it may only be sold back to the Federal Home Loan Bank or another member at par value. (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 December 31, 2015 U.S. government federal agencies $ 4,981 $ (39) $ - $ - $ 4,981 $ (39) Mortgage backed securities 3,115 (28) 1,388 (31) 4,503 (59) Total $ 8,096 $ (67) $ 1,388 $ (31) $ 9,484 $ (98) 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. government agencies 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 for 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 to (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	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	NOTE D - LOANS AND ALLOWANCE FOR LOAN LOSSES (Dollars in thousands) Commercial Real Estate Consumer Total December 31, 2015 Beginning balance - January 1, 2015 $ 3,491 $ 195 $ 183 $ 3,869 Charge-offs (1,443) (42) (187) (1,672) Recoveries 86 2 43 131 Net (charge-offs) recoveries (1,357) (40) (144) (1,541) Provision (505) 85 170 (250) Ending balance - December 31, 2015 $ 1,629 $ 240 $ 209 $ 2,078 December 31, 2014 Beginning balance - January 1, 2014 $ 3,873 $ 267 $ 244 $ 4,384 Charge-offs (458) (45) (185) (688) Recoveries 295 21 43 359 Net (charge-offs) recoveries (163) (24) (142) (329) Provision (219) (48) 81 (186) Ending balance - December 31, 2014 $ 3,491 $ 195 $ 183 $ 3,869 (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 December 31, 2015 Commercial $ 1,479 $ 80,293 $ 150 $ 1,854 $ 1,629 $ 82,147 Real estate 196 42,993 44 408 240 43,401 Consumer 209 23,683 - - 209 23,683 Total $ 1,884 $ 146,969 $ 194 $ 2,262 $ 2,078 $ 149,231 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. Such monitoring is being done on an ongoing basis according to the following timeframe: $250,000 to $1,000,000 exposure, annually; $1,000,000 exposure, semiannually; watch list loans with aggregate exposure >$100,000 are analyzed each quarter. A deteriorating credit indicates an elevated likelihood of delinquency. When a loan becomes delinquent, its credit grade is reviewed and changed accordingly. Each downgrade to a classified credit results in a higher percentage of reserve to reflect the increased likelihood of loss for similarity graded credits. Further deterioration could result in a certain credit being deemed impaired resulting in a collateral valuation for purposes of establishing a specific reserve which reflects the possible extent of such loss for that credit. The following tables present the risk category of loans by class of loans based on the most recent analysis performed at December 31, 2015 and December 31, 2014. Commercial Credit Exposure Credit risk profile by credit worthiness category Commercial Credit Exposure (Dollars in thousands) Commercial Mortgage Commercial Other 12/31/15 12/31/14 12/31/15 12/31/14 Category Pass $ 61,612 $ 61,047 $ 12,123 $ 13,014 5 984 4,524 186 344 6 6,686 8,131 557 230 7 - 699 - - Total $ 69,282 $ 74,401 $ 12,866 $ 13,588 Consumer Credit Exposure Credit risk profile by credit worthiness category (Dollars in thousands) Residential Real Estate Consumer Equity Consumer Auto Consumer Other 12/31/15 12/31/14 12/31/15 12/31/14 12/31/15 12/31/14 12/31/15 12/31/14 Category Pass $ 42,690 $ 37,729 $ 10,049 $ 6,945 $ 11,999 $ 10,649 $ 1,512 $ 1,888 5 373 430 59 77 38 54 - - 6 338 597 7 15 18 53 - - 7 - - - - - - - - Total $ 43,401 $ 38,756 $ 10,115 $ 7,037 $ 12,055 $ 10,756 $ 1,512 $ 1,888 Loans evaluated for impairment include loans classified as troubled debt restructurings and non-performing commercial, mortgage, and consumer loans. Impairment is evaluated in total for smaller balance loans of a similar nature, and on an individual loan basis for other loans. , (Dollars in thousands) Unpaid Recorded Principal Related Investment Balance Allowance December 31, 2015 With no related allowance recorded: Commercial mortgage $ 1,324 $ 1,886 $ - Commercial other 38 37 - Residential real estate 315 316 - Consumer equity - - - Consumer auto 89 90 - Subtotal 1,766 2,329 - With an allowance recorded: Commercial mortgage 997 1,100 150 Commercial other - - - Residential real estate 408 409 44 Consumer equity - - - Consumer auto - - - Subtotal 1,405 1,509 194 Total $ 3,171 $ 3,838 $ 194 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 Average Interest Average Interest Average Total Interest Recorded Income Recorded Income Recorded Income Investment Recognized Investment Recognized Investment Recognized December 31, 2015 Commercial Mortgage $ 3,036 $ 6 $ 2,040 $ 37 $ 5,076 $ 43 Other 48 2 53 - 101 2 Residential real estate 247 16 443 8 690 24 Consumer Equity 31 - 91 - 122 - Auto 104 6 - - 104 6 Other - - - - - - TOTAL $ 3,466 $ 30 $ 2,627 $ 45 $ 6,093 $ 75 December 31, 2014 Commercial Mortgage $ 7,529 $ 115 $ 2,512 $ 25 $ 10,041 $ 140 Other 148 3 230 - 378 3 Residential real estate 238 5 515 18 753 23 Consumer Equity 63 - 156 10 219 10 Auto 107 2 2 - 109 2 Other - - - - - - TOTAL $ 8,085 $ 125 $ 3,415 $ 53 $ 11,500 $ 178 (Dollars in thousands) Pre- Post- Modification Modification Number Outstanding Outstanding of Recorded Recorded TDRs Investment Investment December 31, 2015 Commercial mortgage 2 $ 478 $ 478 Residential real estate 3 239 239 Consumer 8 177 177 Total 13 $ 894 $ 894 December 31, 2014 Commercial mortgage 5 $ 1,260 $ 1,260 Residential real estate 4 251 251 Consumer 6 30 30 Total 15 $ 1,541 $ 1,541 A modification of a loan constitutes a TDR when a borrower is experiencing financial difficulty and the modification constitutes a concession. The Bank offers various types of concessions when modifying a loan. Loan terms that may be modified due to a borrower’s financial situation include, but are not limited to, a reduction in the stated interest rate, a reduction in the face amount of the debt, a reduction of the accrued interest, temporary interest-only payments, or re-aging, extensions, deferrals, renewals and rewrites. In mitigation, additional collateral, a co-borrower or a guarantor may be requested. During 2015, loans were modified by either a reduction in interest rates, a change in the contractual maturity date of the note, or a final payment modification. The interest rate on nine loans was reduced, often in concert with an extended amortization period. Three loans maintained the original interest rate, but the amortization period was extended. A single loan was changed to interest only payments with a balloon payment due at the maturity. During 2014, loans were modified by a either a reduction in interest rates, a change in the contractual maturity date of the note, or a final payment modification. Five loans were modified with reduced interest rates, the contractual maturity date of eight loans was extended, and two loans had a final balloon payment added at maturity. Loans modified in a TDR may already be on nonaccrual status and partial charge-offs may have in some cases been taken against the outstanding loan balance. The allowance for impaired loans that has been modified in a TDR is measured based on the estimated fair value of the collateral, less any selling costs, if the loan is collateral dependent or on the present value of expected future cash flows, discounted at the loan’s original effective interest rate. Management exercises significant judgment in developing these determinations. There were no loans which were modified as a TDR within the previous twelve months that have subsequently re-defaulted as of December 31, 2015. As of December 31, 2015, there are no commitments to lend additional funds to any borrower whose loan terms have been modified as a TDR. The following table presents the loan portfolio summarized by aging categories, at December 31, 2015 and 2014: (Dollars in thousands) Recorded Investment 30-59 60-89 >90 >90 Days Days Days Days Total Total and Past Due Past Due Past Due Past Due Current Loans Accruing December 31, 2015 Commercial: Mortgage $ 628 $ 433 $ 196 $ 1,257 $ 68,025 $ 69,282 $ - Other 11 - - 11 12,855 12,866 - Residential Real Estate 449 33 - 482 42,919 43,401 - Consumer: Equity 23 - - 23 10,092 10,115 - Auto 138 17 - 155 11,900 12,055 - Other 2 9 - 11 1,501 1,512 - Total $ 1,251 $ 492 $ 196 $ 1,939 $ 147,292 $ 149,231 $ - 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) December 31, December 31, 2015 2014 Commercial: Mortgage $ 1,334 $ 7,200 Other 3 169 Residential Real Estate 3 307 Consumer: Equity - 15 Auto 10 38 Other - - Total $ 1,350 $ 7,729 Management has identified lending for non-owner occupied residential real estate as a lending concentration. Total loans for these properties totaled $ 28.9 28.6 19.4 19.5 2.1 4.8 In the ordinary course of business, the Bancorp and the Bank have and expect to continue to have transactions, including borrowings, with their officers, directors, and their affiliates. In the opinion of management, such transactions were on substantially the same terms and conditions, including interest rates and collateral, as those prevailing at the time of comparable transactions with other customers and did not involve more than a normal credit risk of collectability or present any other unfavorable features to the Bancorp and the Bank. Related Party Loans (Dollars in thousands) 2015 2014 Balance, January 1, $ 11 $ 16 New loans granted 148 131 Principal payments (1) (136) Change in director status - - Balance, December 31, $ 158 $ 11

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	NOTE E - PREMISES AND EQUIPMENT (Dollars in thousands) 2015 2014 Land $ 1,334 $ 1,273 Buildings and improvements 3,291 3,450 Furniture, fixtures, and equipment 2,594 2,339 $ 7,219 $ 7,062 Accumulated depreciation and amortization (4,242) (4,012) Total $ 2,977 $ 3,050 The Company has entered into various operating lease arrangements. The leases expire at various dates throughout 2016 and provide options for renewal. The total rental expense charged to operations for the years ended December 31, 2015 and 2014 amounted to $126,000 and $160,000, respectively. (Dollars in thousands) 2016 $ 48 2017 - 2018 - 2019 - 2020 - Total $ 48

BANK OWNED LIFE INSURANCE

BANK OWNED LIFE INSURANCE	12 Months Ended
	Dec. 31, 2015
Investments, All Other Investments [Abstract]
Life Insurance, Corporate or Bank Owned [Text Block]	NOTE F – BANK OWNED LIFE INSURANCE In 2015, the Bank invested in whole life insurance contracts on the lives of ten current officers who have provided positive consent allowing the Bank to be named beneficiary of these insurance contracts. An existing policy on a former employee is also in place. These policies are recorded at their cash surrender values which are presented in the consolidated balance sheets in “Other assets.” These contracts are insurance products of Massachusetts Mutual Life Insurance Company, New York Life Insurance Company, and the First Penn-Pacific and consist of (21) policies. These policies have a stated aggregate death benefit as of December 31, 2015 and 2014 of $ 9.7 0.4 3,320,000 281,000 The initial policy was funded by a premium payment of $ 121 3.0 39,000 8,000

DEPOSITS

DEPOSITS	12 Months Ended
	Dec. 31, 2015
Deposits [Abstract]
Deposit Liabilities Disclosures [Text Block]	NOTE G - DEPOSITS (Dollars in thousands) 2015 2014 Non-interest bearing checking accounts $ 26,116 $ 23,153 Interest-bearing checking accounts 25,721 22,351 Savings accounts 54,277 58,951 Certificates of deposit 56,211 73,512 Total $ 162,325 $ 177,967 The aggregate amount of jumbo certificates of deposit with a minimum denomination of $250,000 was $ 7,258,000 19,526,000 (Dollars in thousands) 2016 $ 25,279 2017 14,506 2018 3,966 2019 5,775 2020 6,665 2021 and after 20 $ 56,211 The Bank held deposits of approximately $ 544,000 528,000

BORROWED FUNDS

BORROWED FUNDS	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	NOTE H – BORROWED FUNDS (Dollars in thousands) 2015 2014 4.25% note payable to bank in monthly installments of $9,925 through 06/25/2019, unsecured $ 385 $ 485 4.75% note payable to bank in monthly installments of $12,615 through 11/21/2019, unsecured 540 662 8.00% note payable to company, of which a significant owner is a shareholder of Bancorp, in monthly installments of interest only through 12/29/2015, secured by real estate - 5,000 6.00% note payable to individual who is a significant shareholder of Bancorp, in monthly installments of interest only through 08/04/2021, secured by real estate 1,644 - Total borrowed funds $ 2,569 $ 6,147 As of February 9, 2015, the Company had renegotiated a portion of the $ 5.0 1,644,546.60 6.00 28,675 2.3 5.0 2.7 8.00 December 29, 2015 In September 2015, the Company made a $ 1.0 Federal Home Loan Bank (FHLB) advances are collateralized by all shares of FHLB stock owned by the Bank (totaling $ 859,000 100 77.5 46.0 . In addition, the FHLB has issued $14,750,000 of standby letters of credit for the Bank In addition, the Company has a collateralized federal funds line of $ 8.5 1.0 11.1 (Dollars in thousands) 2016 233 2017 243 2018 255 2019 194 2020 - 2021 1,644 $ 2,569

FEDERAL INCOME TAXES

FEDERAL INCOME TAXES	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	NOTE I - FEDERAL INCOME TAXES (Dollars in thousands) 2015 2014 Income tax expense Current tax expense $ - $ - Deferred tax expense 232 49 Change in valuation allowance - (5,148) Total $ 232 $ (5,099) (Dollars in thousands) 2015 2014 Federal statutory income tax at 34% $ 301 $ 333 Tax exempt income (66) (100) Other (3) (184) Change in valuation allowance - (5,148) Total $ 232 $ (5,099) (Dollars in thousands) 2015 2014 Deferred Tax Assets Pension accounting $ 19 $ 261 Allowance for loan losses 16 682 Deferred compensation 13 16 OREO accounting 687 1,106 Nonaccrual loan interest 38 157 NOL carryforward 4,680 3,429 Available for sale securities 28 4 Other 7 4 Deferred tax assets 5,488 5,659 Deferred Tax Liabilities Depreciation 164 130 FHLB stock 166 166 Deferred tax liabilities 330 296 Net deferred tax asset $ 5,158 $ 5,363 At year-end 2015, the Company had federal net operating loss carryforwards of approximately $ 13,762,000 The Company is subject to U.S. federal income tax. The Company is no longer subject to examination by taxing authorities for years before 2012. Realization of deferred tax assets is dependent on generating sufficient taxable income prior to their expiration. In the fourth quarter of 2014, the Company again evaluated the need for a net deferred tax asset valuation allowance, concluded that it is more likely than not that the net deferred tax asset will be realized based upon future taxable income, and reversed the entire valuation allowance on net deferred tax assets of $ 5.1 The net deferred tax asset of $ 5.2 The Company expects to realize $ 4.7 0.8

FINANCIAL INSTRUMENTS WITH OFF

FINANCIAL INSTRUMENTS WITH OFF BALANCE SHEET RISK	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Off-balance Sheet Risks [Text Block]	NOTE J- FINANCIAL INSTRUMENTS WITH OFF BALANCE SHEET RISK In the normal course of business, the Bank has outstanding commitments, contingent liabilities, and other financial instruments, such as commitments to extend credit and standby letters of credit, which are not included in the accompanying consolidated financial statements. The Bank’s exposure to credit loss in the event of nonperformance by the other party to the financial instruments for commitments to extend credit and standby letters of credit is represented by the contractual or notional amount of those instruments. The Bank uses the same credit policies in making such commitments as it does for instruments that are included in the consolidated balance sheets. (Dollars in thousands) 2015 2014 Fixed Variable Total Fixed Variable Total Home equity lines $ 1,553 $ 5,359 $ 6,912 $ 1,676 $ 5,164 $ 6,840 Credit card lines 3,405 - 3,405 6,065 - 6,065 Secured by real estate 848 723 1,571 1,090 564 1,654 Other unused commitments 5,585 914 6,499 5,616 88 5,704 Standby letters of credit 11 - 11 41 - 41 Total $ 11,402 $ 6,996 $ 18,398 $ 14,488 $ 5,816 $ 20,304 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Bank evaluates each customer’s creditworthiness on a case-by-case basis. The amount and type of collateral obtained, if deemed necessary by the Bank upon extension of credit, is based on management’s credit evaluation. Collateral held varies but may include accounts receivable, inventory, property and equipment, real estate, or income-producing commercial properties. Standby letters of credit are conditional commitments issued by the Bank to guarantee the performance of a customer to a third party. Standby letters of credit generally have fixed expiration dates or other termination clauses and may require payment of a fee. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. The Bank’s policy for obtaining collateral, and the nature of such collateral, is essentially the same as that involved in making commitments to extend credit. The Bank has not incurred any losses on its commitments in either 2015 or 2014.

COMMITMENTS AND CONTINGENT LIAB

COMMITMENTS AND CONTINGENT LIABILITIES	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE K - COMMITMENTS AND CONTINGENT LIABILITIES The Bancorp and Bank periodically are subject to claims and lawsuits which arise in the ordinary course of business. It is the opinion of management that the disposition or ultimate resolution of such claims and lawsuits will not have a material adverse effect on the consolidated financial statements of the Company.

RISKS AND UNCERTAINTIES

RISKS AND UNCERTAINTIES	12 Months Ended
	Dec. 31, 2015
Risks and Uncertainties [Abstract]
Risks and Uncertainties Disclosure [Text Block]	NOTE L – RISKS AND UNCERTAINTIES (Dollars in thousands) Great Lakes Bankers Bank $ 2,620 Federal Reserve Bank 3,500 Federal Home Loan Bank 793 Total $ 6,913

RESTRICTION ON DIVIDENDS

RESTRICTION ON DIVIDENDS	12 Months Ended
	Dec. 31, 2015
Disclosure of Restrictions on Dividends, Loans and Advances Disclosure [Abstract]
Dividend Payment Restrictions [Text Block]	NOTE M - RESTRICTION ON DIVIDENDS The Bank is subject to certain restrictions on the amount of dividends that it may pay without prior regulatory approval. The Bank normally restricts dividends to a lesser amount. At December 31, 2015, no retained earnings were available for the payment of dividends without prior regulatory approval.

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	12 Months Ended
	Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Pension and Other Postretirement Benefits Disclosure [Text Block]	NOTE N – EMPLOYEE BENEFIT PLANS The Bank has a qualified noncontributory, defined benefit pension plan which covers certain employees. The benefits are primarily based on years of service and earnings. The following is a summary of the plans funded status as of December 31, 2015 and 2014: (Dollars in thousands) 2015 2014 Change in benefit obligation: Projected benefit obligation at beginning of year $ 1,459 $ 1,158 Interest Cost 53 51 Actuarial gain (loss) (76) 274 Benefits paid (27) (24) Projected benefit obligation at end of year $ 1,409 $ 1,459 Change in plan assets: Fair value of plan assets at beginning of year $ 726 $ 630 Actual return on plan assets (108) 56 Employer contributions 772 64 Benefits paid (27) (24) Fair value of plan assets at end of year $ 1,363 $ 726 Funded status (included in accrued liabilities) $ (46) $ (733) Unrecognized actuarial loss in accumulated other comprehensive income (before taxes) $ (778) $ (770) (Dollars in thousands) Year ended December 31, 2015 2014 Net periodic pension cost: Interest cost on projected benefit obligation $ 53 $ 51 Expected return on plan assets (43) (39) Net amortization of deferral of (gains) losses 68 47 Net periodic pension cost $ 78 $ 59 (Dollars in thousands) Year ended December 31, 2015 2014 Change in unrecognized net actuarial loss $ (8) $ (208) Tax effect 3 70 Total recognized in other comprehensive income $ (5) $ (138) 2015 2014 Discount rate 3.75 % 4.50 % Weighted-average assumptions used to determine net periodic benefit cost for years ended December 31, 2015 and 2014: 2015 2014 Discount rate 3.75 % 4.50 % Expected return on plan assets 6.00 % 6.00 % The actuarial assumptions used in the pension plan valuations are reviewed annually. The Bank’s expected return on plan assets is determined by the plan assets’ historical long-term investment performance, current asset allocation, and estimates of future long-term returns by asset class. As of January 1, 2016, the Bank retained Robert W. Baird & Co. as third party trustee to manage the assets of The Citizens Bank of Logan pension plan. The Bank’s investment policy for Plan assets is to manage the portfolio to preserve principal and liquidity while maximizing the return on the investment portfolio through the full investment of available funds. Equity Securities – 85 Fixed Income Securities – 15 The Bank’s pension plan weighted-average asset allocations at December 31, 2015 and 2014 by asset category are as follows: 2015 2014 Asset category: Equity securities 9 % 74 % Debt securities 0 % 0 % Cash and cash equivalents 91 % 5 % Other 0 % 21 % Total 100 % 100 % Citizens Independent Bancorp, Inc. common stock to total plan assets 4 % 5 % (Dollars in thousands) Fair Value Measurements Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Asset Assets/Liabilities Inputs Inputs Class Total (Level 1) (Level 2) (Level 3) December 31, 2015 Cash Equivalents $ 1,240 $ - $ 1,240 $ - Fixed Income 67 67 - - $ 1,307 $ 67 $ 1,240 $ - CIB Common Stock 54 - 54 - Total Plan Assets $ 1,361 $ 67 $ 1,294 $ - December 31, 2014 Cash Equivalents $ 32 $ - $ 32 $ - Fixed Income 169 169 - - Equity Securities 446 446 - - Other 47 47 - - $ 694 $ 662 $ 32 $ - CIB Common Stock 32 - 32 - Total Plan Assets $ 726 $ 662 $ 64 $ - The Company anticipates making contributions to the pension plan totaling $ 50,000 51,199 100 (Dollars in thousands) 2016 75 2017 128 2018 138 2019 52 2020 100 2021-2025 312 Total $ 805 The Company offers a 401(k) profit sharing plan covering substantially all employees. The Company partially matches voluntary employee contributions of up to 4% of individual compensation. The matching percentage was 50% in 2015 and 2014. Employee contributions are vested at all times. The Company’s matching contributions become fully vested after an individual has completed seven years of service. Expense associated with the plan included in salaries and employee benefits was approximately $27,000 in both 2015 and 2014. Beginning in January 2016, the existing plan will be replaced by a “Safe Harbor” plan as defined by the IRS. The Company matches voluntary employee contributions at a 100 3 50 2 4 100 During 2015, the Company entered into an agreement with the current President and CEO to provide future retirement compensation to that executive through a Supplemental Executive Retirement Plan (SERP) agreement. Following retirement, at the normal retirement age of 65, the SERP will provide equal annual payments over the next ten 27,500 3,467

REGULATORY MATTERS

REGULATORY MATTERS	12 Months Ended
	Dec. 31, 2015
Banking and Thrift [Abstract]
Regulatory Capital Requirements under Banking Regulations [Text Block]	NOTE O - REGULATORY MATTERS The Bank is subject to various regulatory capital requirements administered by its primary federal regulator, the Federal Deposit Insurance Corporation (FDIC). Failure to meet minimum capital requirements can initiate certain mandatory, and possible additional discretionary, actions by regulators that, if undertaken, could have a direct material effect on the Bank and the Company’s consolidated financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of the Bank’s assets, liabilities, and certain off balance sheet items as calculated under regulatory accounting practices. The Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Prompt corrective action provisions are not applicable to bank holding companies. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios, as of January 1, 2015, of total capital, Tier I capital and common equity tier 1 capital to risk-weighted assets (as defined in the regulations), and leverage capital, which is tier 1 capital to adjusted average total assets (as defined). Prior to January 1, 2015, minimum amounts and ratios of total capital, tier 1 capital, and leverage capital, which is tier 1 capital to adjusted average total assets (as defined), were required. As of October 2, 2015, the FDIC and the DFI removed the consent order specifying the Bank maintain an 8.50 13.50 8.00 11.50 As of December 31, 2014, the FDIC found that the Bank was categorized as undercapitalized per the consent orders then in place. Under the regulatory framework for prompt corrective action, the Bank’s capital status may have precluded the Bank from access to borrowings from the Federal Reserve System through the discount window. (Dollars in thousands) To Be Well Capitalized Under For Capital Prompt Corrective Actual Adequacy Purposes Action Provisions Amount Ratio Amount Ratio Amount Ratio As of December 31, 2015: Total capital (to risk-weighted assets) Consolidated $ 14,365 11.24 % $ 10,222 ≥8.00 % $ N/A $ N/A Subsidiary Bank 16,504 13.14 % 10,049 ≥8.00 % 12,561 ≥10.00 % Tier 1 capital (to risk-weighted assets) Consolidated 12,768 10.0 % 7,667 ≥6.00 % N/A N/A Subsidiary Bank 14,905 11.9 % 7,537 ≥6.00 % 10,049 ≥8.00 % Common equity tier 1 capital (to risk-weighted assets) Consolidated 12,768 10.0 % 5,750 ≥4.50 % N/A N/A Subsidiary Bank 14,905 11.9 % 5,652 ≥4.50 % 8,165 ≥6.50 % Leverage capital (to adjusted average total assets) Consolidated 12,768 6.8 % 7,541 ≥4.00 % N/A N/A Subsidiary Bank 14,905 8.2 % 7,243 ≥4.00 % 9,054 ≥5.00 % As of December 31, 2014: Total capital to risk weighted assets Consolidated $ 11,779 8.8 % $ 10,663 8.0 % $ N/A $ N/A Bank 17,560 13.4 % 10,491 8.0 % 13,114 10.0 % Tier 1 capital to risk weighted assets Consolidated 10,113 7.6 % 5,332 4.0 % N/A N/A Bank 15,893 12.1 % 5,245 4.0 % 7,868 6.0 % Tier 1 capital to average assets Consolidated 10,113 5.0 % 8,111 4.0 % N/A N/A Bank 15,893 8.1 % 7,839 4.0 % 9,798 5.0 %

FAIR VALUES OF FINANCIAL INSTRU

FAIR VALUES OF FINANCIAL INSTRUMENTS	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	NOTE P - 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 Fair Assets/Liabilities Inputs Inputs Value (Level 1) (Level 2) (Level 3) December 31, 2015 Assets: Securities available for sale U.S. government securities $ 1,005 $ 1,005 $ - $ - U.S. government federal agencies 6,535 - 6,535 - State & local governments 1,783 - 1,783 - Mortgage backed securities 4,690 - 4,690 - Total securities available for sale $ 14,013 $ 1,005 $ 13,008 $ - 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 & 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 December 31, 2014, 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 Fair Assets/Liabilities Inputs Inputs Value (Level 1) (Level 2) (Level 3) December 31, 2015 Assets: Impaired loans Commercial mortgage $ 2,171 $ - $ - $ 2,171 Commercial other 38 - - 38 Residential real estate 679 - - 679 Consumer equity - - - - Consumer auto 89 - - 89 Total impaired loans $ 2,977 $ - $ - $ 2,977 Other real estate owned Residential 15 - - 15 Commercial 223 - - 223 Total other real estate owned $ 238 $ - $ - $ 238 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 quantitative information about Level 3 fair value measurements for financial assets and liabilities measured at fair value on a nonrecurring basis is as follows (dollars in thousands): (Dollars in thousands) Significant Fair Value Valuation Technique Unobservable Input Range December 31, 2015 Impaired loans Commercial mortgage $ 2,171 Appraisal of Collateral Appraisal Adjustment Up to 6% 6.9 % Commercial other 38 Appraisal of Collateral Appraisal Adjustment * 0.0 % Residential real estate 679 Appraisal of Collateral Appraisal Adjustment Up to 6% 6.5 % Consumer auto 89 Appraisal of Collateral Appraisal Adjustment * 0.0 % Other real estate owned Residential 15 Appraisal of Collateral Appraisal Adjustment * 0.0 % Commercial 223 Appraisal of Collateral Appraisal Adjustment Up to 45% 0.0 % December 31, 2014 Impaired loans Commercial mortgage $ 9,202 Appraisal of Collateral Appraisal Adjustment Up to 9% 10.1 % Commercial other 67 Appraisal of Collateral Appraisal Adjustment Up to 68% 214.9 % Residential real estate 594 Appraisal of Collateral Appraisal Adjustment Up to 11% 12.0 % Consumer equity 154 Appraisal of Collateral Appraisal Adjustment * 9.1 % Consumer auto 106 Appraisal of Collateral Appraisal Adjustment Up to 8% 0.0 % Other real estate owned Residential 200 Appraisal of Collateral Appraisal Adjustment * Commercial 868 Appraisal of Collateral Appraisal Adjustment Up to 5% * There are no related allowances for these classifications 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. Accrued interest receivable and payable - The carrying amounts of accrued interest approximate fair value. Bank owned life insurance - The fair value of bank owned life insurance approximates the cash surrender value of the policies. 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. (Dollars in thousands) Fair Value Measurements at Reporting Date Using: Quoted Prices in Active Markets Other Significant for Identical Observable Unobservable Carrying Fair Assets/Liabilities Inputs Inputs Amount Value (Level 1) (Level 2 (Level 3) December 31, 2015 Financial assets: Cash and cash equivalents $ 9,371 $ 9,371 $ - $ 9,371 $ - Securities available for sale 14,013 14,013 1,005 13,008 - Other investment securities 859 859 - - 859 Net loans 147,153 149,355 - - 149,355 Accrued interest receivable 285 285 - - 285 Bank owned life insurance 3,320 3,320 - 3,320 - Financial liabilities Noninterest bearing deposits $ 26,116 $ 26,116 $ - $ 26,116 $ - Interest-bearing deposits 136,209 137,174 - 137,174 - Borrowed funds 2,569 2,569 - 2,569 - Accrued interest payable 759 759 - - 759 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 Net loans 142,557 145,895 - - 145,895 Accrued interest receivable 348 348 - - 348 Bank owned life insurance 281 281 - 281 - 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

PARENT COMPANY FINANCIAL STATEM

PARENT COMPANY FINANCIAL STATEMENTS	12 Months Ended
	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Financial Information of Parent Company Only Disclosure [Text Block]	NOTE Q – PARENT COMPANY FINANCIAL STATEMENTS December 31, 2015 and 2014 (Dollars in thousands) 2015 2014 Assets Cash $ 346 $ 921 Investment in subsidiary 17,411 17,967 Other assets 2,179 2,098 Total assets $ 19,936 $ 20,986 Total Liabilities $ 2,577 $ 6,149 Total shareholders' equity 17,359 14,837 Total liabilities and equity $ 19,936 $ 20,986 Years ended December 31, 2015 and 2014 (Dollars in thousands) 2015 2014 Income Dividends from subsidiaries $ 1,300 $ - Other 308 (333) 1,608 (333) Expenses Other (523) (683) Income (loss) before income taxes and equity in undistributed earnings of subsidiary 1,085 (1,016) Income tax expense (benefit) (73) (2,098) Equity in undistributed earnings (loss) of subsidiary (504) 4,996 Net income (loss) 654 6,078 Other comprehensive income (loss) (52) (44) Comprehensive income (loss) $ 602 $ 6,034 Years ended December 31, 2015 and 2014 (Dollars in thousands) 2015 2014 Cash flows from Operating Activities Net income (loss) $ 654 $ 6,078 Adjustments to reconcile net income to cash from operations Equity in undistributed (earnings) loss of subsidiaries 504 (4,996) Deferred income tax (73) (2,098) Change in other assets and other liabilities (2) 29 Net cash provided by (used in) operating activities 1,083 (987) Cash flows from investing activities Proceeds from the sale of other real estate owned - 362 Capital contribution from (to) subsidiary - (1,467) Net change from investing activities - (1,105) Cash flows from financing activities Payments on loan payable (2,921) (215) Issuance of common stock 1,263 3,177 Net change from financing activities (1,658) 2,962 Net increase (decrease) in cash and cash equivalents (575) 870 Cash and cash equivalents at beginning of year 921 51 Cash and cash equivalents at end of year $ 346 $ 921

STOCK SUBSCRIPTION

STOCK SUBSCRIPTION	12 Months Ended
	Dec. 31, 2015
Stock Subscriptions Disclosures [Abstract]
Stock Subscriptions Disclosures [Text Block]	NOTE R – STOCK SUBSCRIPTION As of June 25, 2014 the Company had sold and issued a total of 238,057 119,003 53,154 53,154

SUMMARY OF SIGNIFICANT ACCOUN28

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Nature of Operations [Text Block]	Nature of Operations Citizens Independent Bancorp, Inc. (the Bancorp) is a bank holding company whose wholly-owned bank subsidiary, The Citizens Bank of Logan (the Bank), together 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. In October 2012, the Bank entered into publicly available Consent Orders with the Federal Deposit Insurance Corporation (FDIC) and the Ohio Division of Financial Institutions (DFI) (collectively referred to as the Orders), which required the Bank to take a number of actions. In October 2015, both the FDIC and DFI lifted their respective Consent Orders. Significant among the ongoing required actions is the development of a Capital Plan which will result in the Bank meeting and maintaining its level of Tier 1 capital as a percentage of its total assets at a minimum of 8.00 11.50
Basis of Accounting, Policy [Policy Text Block]	Basis of Financial Statement Presentation The accounting and reporting policies of the Bancorp and the Bank conform with accounting principles generally accepted in the United States of America and to general practices followed within the banking industry. To conform to the 2015 presentation, certain reclassifications have been made to prior amounts, which had no impact on net income, comprehensive income, or shareholders’ equity.
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The consolidated financial statements include the accounts of the Bancorp and the Bank. All significant intercompany transactions and balances have been eliminated.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Investment, Policy [Policy Text Block]	Investment Securities Debt securities are classified as held-to-maturity when management has the positive intent and ability to hold the securities to maturity. Securities held-to-maturity are carried at amortized cost. The amortization of premiums and accretion of discounts are recognized in interest income using methods approximating the interest method over the period to maturity. Debt securities not classified as held-to-maturity are classified as available for sale. Securities available–for-sale are carried at fair value with unrealized gains and losses, net of the deferred income tax effect, reported in accumulated other comprehensive income. Realized gains (losses) on securities available for sale are included in noninterest income (expense) and, when applicable, are reported as a reclassification adjustment, net of income tax, in other comprehensive income. Gains and losses on sales of securities are determined on the specific-identification method. Declines in the fair value of individual held to maturity and available for sale securities below their cost that are other than temporary result in write-downs of the individual securities to their fair value. The related write-downs are included in earnings as realized losses of which none have been reported in the periods presented.
Policy Loans Receivable, Policy [Policy Text Block]	Loans Loans are stated at unpaid principal balances, less the allowance for loan losses and unearned discounts. Interest on loans is accrued based on principal amounts outstanding. The accrual of interest on mortgage and commercial loans is discontinued at the time the loan is 90 days past due unless the credit is well-secured and in process of collection. Personal loans are typically charged off no later than 180 days past due. Past due status is based on contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged off at an earlier date if collection of principal or interest is considered doubtful. Interest accrued in the current year but not collected for loans that are placed on nonaccrual or charged off is reversed against current interest income and unpaid interest accrued in prior years is charged to the allowance for loan losses. The interest on nonaccrual loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Consistent with the Bank’s existing method of income recognition for loans, interest on impaired loans, except those classified as nonaccrual, is recognized as income using the accrual method.
Finance, Loan and Lease Receivables, Held-for-sale, Policy [Policy Text Block]	Loans Held for Sale Mortgage loans originated and held for sale in the secondary market are carried at the lower of cost or market value determined on an aggregate basis. Net unrealized losses are recognized in a valuation allowance through charges to income. Gains and losses on the sale of loans held for sale are determined using the specific identification method.
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	Allowance for Loan Losses The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral, and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of specific, general, and environmental components. The specific component relates to loans that are classified as doubtful, substandard, or troubled debt restructurings (TDRs). For such loans that are also classified as impaired, an allowance is established when the discounted cash flows, collateral value, or observable market price of the impaired loan is lower than the carrying value of that loan. The general component covers non-classified loans and is based on historical loss experience adjusted for qualitative factors. A loan is considered impaired when, based on current information and events, it is probable that the Bank will be unable to collect the scheduled payments of principal and interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis for commercial and construction loans by either the present value of expected cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent. Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Accordingly, the Bank does not separately identify individual consumer and residential loans for impairment disclosures, unless such loans are the subject of a restructuring agreement.
Loans and Leases Receivable, Troubled Debt Restructuring Policy [Policy Text Block]	Troubled Debt Restructurings (TDRs) Management classifies loans as TDRs when a borrower is experiencing financial difficulties and the Bank has granted a concession. In order to determine whether a borrower is experiencing financial difficulty, an evaluation is performed of the probability that the borrower will be in payment default on any of its debt in the foreseeable future without the modification. This evaluation is performed under the Bank’s internal underwriting policy. Management’s policy is to modify loans by extending the term or by granting a temporary or permanent contractual interest rate below the market rate. TDRs are separately identified for impairment disclosures and are measured by the present value of estimated future cash flows using the loan’s effective rate at inception. If a TDR is considered to be a collateral dependent loan, the loan is reported at the fair value of the collateral.
Property, Plant and Equipment, Policy [Policy Text Block]	Premises and Equipment Land is carried at cost. Other premises and equipment are recorded at cost net of accumulated depreciation. Depreciation is computed using the straight-line method based principally on the estimated useful lives of the assets. Useful lives are revised when a change in life expectancy becomes apparent. Maintenance and repairs are expensed as incurred while major additions and improvements are capitalized. Gains or losses on dispositions are included in current operations as realized.
Real Estate, Policy [Policy Text Block]	Other Real Estate Owned (OREO) OREO is recorded at fair value less anticipated selling costs (net realizable value) and consists of property acquired through loan foreclosure. If the net realizable value is below the carrying value of the loan at the date of transfer, the difference is charged to the allowance for loan losses. Subsequent declines in the fair value of real estate are classified as OREO devaluations, which are reported as adjustments to the carrying value of OREO and are recorded as a charge to operations included in noninterest expense. In certain circumstances where management believes the devaluation may not be permanent in nature, the Company utilizes a valuation allowance to record OREO devaluations, which is also expensed through noninterest expense. Costs relating to development and improvement of such properties are capitalized (not in excess of fair value less estimated costs to sell) and costs relating to holding the properties are charged to expense.
Bank Owned Life Insurance [Policy Text Block]	Bank Owned Life Insurance The Bank had previously purchased a life insurance policy on one retired executive. In September 2015, the Bank purchased additional life insurance policies on ten members of senior management. Bank owned life insurance is recorded at its cash surrender value, or the amount that can be realized. Increases in the asset value are recorded as earnings in other income.
Comprehensive Income, Policy [Policy Text Block]	Accumulated Other Comprehensive Income (Dollars in thousands) 2015 2014 Securities available for sale $ (54) $ (7) Unrecognized actuarial loss of the pension plan (513) (508) Accumulated other comprehensive income $ (567) $ (515)
Postemployment Benefit Plans, Policy [Policy Text Block]	Employee Benefit Plans Pension expense is the net of service and interest cost, return on plan assets, and amortization of gains and losses not immediately recognized. 401(k) plan expense is based on the Company’s annual contribution.
Earnings Per Share, Policy [Policy Text Block]	Earnings Per Common Share (Dollars in thousands, except per share data) 2015 2014 Net income (loss) $ 654 $ 6,078 Weighted average common shares outstanding 645,849 542,398 Basic earnings per common share $ 1.01 $ 11.21 Total shares and warrants 652,478 548,348 Diluted earnings per common share $ 1.00 $ 11.08 At December 31, 2015, there were 67,985 90% of the book price per share at the close of the preceding month. June 25, 2016 In 2014, the Company offered a total of 369,754 184,877 554,631 238,057 119,003 3.2
Income Tax, Policy [Policy Text Block]	Income Taxes Income taxes are provided for the tax effects of the transactions reported in the financial statements and consist of taxes currently due plus deferred taxes related primarily to differences between the basis of securities available for sale, allowance for loan losses, subsequent loss write-downs on other real estate owned, accumulated depreciation, nonaccrual interest on loans, and accrued employee benefits. The deferred tax assets and liabilities represent the future tax return consequences of those differences, which will either be taxable or deductible when the assets or liabilities are recovered or settled. Deferred tax assets and liabilities are reflected at income tax rates applicable to the period in which the deferred tax assets or liabilities are expected to be realized or settled. As changes in tax laws or rates are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes. A valuation allowance, if needed, reduces deferred tax assets to the amount expected to be realized. The Bancorp files consolidated income tax returns with the Bank.
Advertising Costs, Policy [Policy Text Block]	Advertising Advertising costs are charged to operations when incurred.
Statements of Cash Flows [Policy Text Block]	Statements of Cash Flows The Company considers cash and amounts due from depository institutions, interest-bearing deposits in other banks, and federal funds sold, all of which have an original maturity of 90 days or less, to be cash and cash equivalents for purposes of the statements of cash flows. (Dollars in thousands) 2015 2014 Cash paid during the year for interest $ 1,958 $ 2,077 Non cash investing and financing activities Transfer of loans to real estate owned 150 803 Short term debt converted to common stock 656 -
Industry Segments [Policy Text Block]	Industry Segments While the Bancorp’s chief decision makers monitor the revenue streams of various products and services, operations are managed and financial performance is evaluated on a Company-wide basis. Accordingly, all of the financial service operations are considered by management to be aggregated in one reportable segment.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In January 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-04, “Receivables - Troubled Debt Restructurings by Creditors (Subtopic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure.” This ASU clarifies that an in-substance repossession or foreclosure occurs, and a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan, upon either (1) the creditor obtaining legal title to the residential real estate property upon completion of a foreclosure or (2) the borrower conveying all interest in the residential real estate property to the creditor to satisfy that loan through completion of a deed in lieu of foreclosure or through similar legal agreement. Additionally, the amendments require interim and annual disclosures of both (1) the amount of foreclosed residential real estate property held by the creditor and (2) the recorded investment in consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure according to local requirements of the applicable jurisdiction. This ASU became effective for the Company on January 1, 2015. The adoption of ASU No. 2014-04 did not have a material impact on the Company’s financial statements. In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606).” The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The core principle will be achieved using a five step process. In August 2015, the FASB issued ASU No. 2015-14, “Revenue from Contracts with Customers (Topic 606).” which amends the effective date for the Company from January 1, 2017 to January 1, 2018. The adoptions of ASU No. 2014-09 and ASU No. 2015-14 are not expected to have a material impact on the Company’s financial statements. In August 2014, the FASB issued ASU No. 2014-14, “Receivables - Troubled Debt Restructurings by Creditors (Subtopic 310-40): Classification of Certain Government-Guaranteed Mortgage Loans upon Foreclosure.” The amendments in this update require that a mortgage loan be derecognized and that a separate other receivable be recognized upon foreclosure if certain conditions are met. This ASU became effective for the Company on January 1, 2015. The adoption of ASU No. 2014-14 did not have a material impact on the Company’s financial statements. In February 2015, the FASB issued ASU No. 2015-02, “Consolidation (Topic 810) - Amendments to the Consolidation Analysis”. ASU No. 2015-02 eliminates the deferral of FAS 167 and makes changes to both the variable interest model and the voting model. This ASU will become effective for the Company on January 1, 2016. The adoption of ASU No. 2015-02 is not expected to have a material impact on the Company’s financial statements. In May 2015, the FASB issued ASU No. 2015-07, “Fair Value Measurement (Topic 820): Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent).” ASU No. 2015-07 removes the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient. The ASU also removes the requirement to make certain disclosures for all investments that are eligible to be measured at fair value using the net asset value per share practical expedient. This ASU will become effective for the Company on January 1, 2016. The adoption of ASU No. 2015-07 is not expected to have a material impact on the Company’s financial statements. In January 2016, the FASB issued ASU No. 2016-01, “Financial Instruments – Overall (Subtopic 825-10) Recognition and Measurement of Financial Assets and Financial Liabilities”. The new standard significantly revises an entity’s accounting related to 1) the classification and measurement of investments in equity securities and 2) the presentation of certain fair value changes for financial liabilities measured at fair value. It also amends certain disclosure requirements associated with the fair value of financial instruments. The amendment requires equity investments (excluding investments accounted for under the equity method or that result in consolidation) to be measured at fair value, with changes in fair value recognized in net income. This ASU will become effective for the Company on January 1, 2018. The adoption will require a cumulative effect to the statement of financial position as of the beginning of the first reporting period. The Company has not determined the expected effect of the adoption of ASU No. 2016-01.

SUMMARY OF SIGNIFICANT ACCOUN29

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	The accumulated other comprehensive income component of equity results from the unrealized gains and losses on available for sale securities and from the unrecognized actuarial loss of the pension plan. (Dollars in thousands) 2015 2014 Securities available for sale $ (54) $ (7) Unrecognized actuarial loss of the pension plan (513) (508) Accumulated other comprehensive income $ (567) $ (515)
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Earnings per common share are net income available to common shareholders divided by the weighted average common shares outstanding during the period. The factors used in the earnings per share computation follow: (Dollars in thousands, except per share data) 2015 2014 Net income (loss) $ 654 $ 6,078 Weighted average common shares outstanding 645,849 542,398 Basic earnings per common share $ 1.01 $ 11.21 Total shares and warrants 652,478 548,348 Diluted earnings per common share $ 1.00 $ 11.08
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]	The following are supplemental disclosures for the years ended December 31, 2015 and 2014, respectively. (Dollars in thousands) 2015 2014 Cash paid during the year for interest $ 1,958 $ 2,077 Non cash investing and financing activities Transfer of loans to real estate owned 150 803 Short term debt converted to common stock 656 -

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	12 Months Ended
	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Available-for-sale Securities [Table Text Block]	The amortized cost of securities and their estimated fair values are as follows: (Dollars in thousands) December 31, 2015 December 31, 2014 Gross Gross Gross Gross Amortized Unrealized Unrealized Fair Amortized Unrealized Unrealized Fair Cost Gains Losses Value Cost Gains Losses Value U.S. government securities $ 1,005 $ - $ - $ 1,005 $ 5,049 $ 18 $ - $ 5,067 U.S. government federal agencies 6,571 3 (39) 6,535 13,905 31 (67) 13,869 State and local governments 1,774 9 - 1,783 1,029 7 (1) 1,035 Mortgage backed securities 4,745 4 (59) 4,690 11,191 67 (65) 11,193 Total $ 14,095 $ 16 $ (98) $ 14,013 $ 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 December 31, 2015: (Dollars in thousands) Amortized Fair Cost Value Amounts maturing in: One year or less $ 1,258 $ 1,259 After one year through five years 6,868 6,832 After five years through ten years 1,245 1,256 After ten years 4,724 4,666 Total $ 14,095 $ 14,013
Schedule of Unrealized Loss on Investments [Table Text Block]	Information pertaining to securities with gross unrealized losses at December 31, 2015 and 2014 aggregated by investment category and length of time that individual securities have been in a continuous loss position follows: (Dollars in thousands) Less than 12 months 12 months or greater Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses December 31, 2015 U.S. government federal agencies $ 4,981 $ (39) $ - $ - $ 4,981 $ (39) Mortgage backed securities 3,115 (28) 1,388 (31) 4,503 (59) Total $ 8,096 $ (67) $ 1,388 $ (31) $ 9,484 $ (98) 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 31

LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)	12 Months Ended
	Dec. 31, 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) Commercial Real Estate Consumer Total December 31, 2015 Beginning balance - January 1, 2015 $ 3,491 $ 195 $ 183 $ 3,869 Charge-offs (1,443) (42) (187) (1,672) Recoveries 86 2 43 131 Net (charge-offs) recoveries (1,357) (40) (144) (1,541) Provision (505) 85 170 (250) Ending balance - December 31, 2015 $ 1,629 $ 240 $ 209 $ 2,078 December 31, 2014 Beginning balance - January 1, 2014 $ 3,873 $ 267 $ 244 $ 4,384 Charge-offs (458) (45) (185) (688) Recoveries 295 21 43 359 Net (charge-offs) recoveries (163) (24) (142) (329) Provision (219) (48) 81 (186) Ending balance - December 31, 2014 $ 3,491 $ 195 $ 183 $ 3,869
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 December 31, 2015 Commercial $ 1,479 $ 80,293 $ 150 $ 1,854 $ 1,629 $ 82,147 Real estate 196 42,993 44 408 240 43,401 Consumer 209 23,683 - - 209 23,683 Total $ 1,884 $ 146,969 $ 194 $ 2,262 $ 2,078 $ 149,231 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]	Credit risk profile by credit worthiness category Commercial Credit Exposure (Dollars in thousands) Commercial Mortgage Commercial Other 12/31/15 12/31/14 12/31/15 12/31/14 Category Pass $ 61,612 $ 61,047 $ 12,123 $ 13,014 5 984 4,524 186 344 6 6,686 8,131 557 230 7 - 699 - - Total $ 69,282 $ 74,401 $ 12,866 $ 13,588 Consumer Credit Exposure Credit risk profile by credit worthiness category (Dollars in thousands) Residential Real Estate Consumer Equity Consumer Auto Consumer Other 12/31/15 12/31/14 12/31/15 12/31/14 12/31/15 12/31/14 12/31/15 12/31/14 Category Pass $ 42,690 $ 37,729 $ 10,049 $ 6,945 $ 11,999 $ 10,649 $ 1,512 $ 1,888 5 373 430 59 77 38 54 - - 6 338 597 7 15 18 53 - - 7 - - - - - - - - Total $ 43,401 $ 38,756 $ 10,115 $ 7,037 $ 12,055 $ 10,756 $ 1,512 $ 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 , (Dollars in thousands) Unpaid Recorded Principal Related Investment Balance Allowance December 31, 2015 With no related allowance recorded: Commercial mortgage $ 1,324 $ 1,886 $ - Commercial other 38 37 - Residential real estate 315 316 - Consumer equity - - - Consumer auto 89 90 - Subtotal 1,766 2,329 - With an allowance recorded: Commercial mortgage 997 1,100 150 Commercial other - - - Residential real estate 408 409 44 Consumer equity - - - Consumer auto - - - Subtotal 1,405 1,509 194 Total $ 3,171 $ 3,838 $ 194 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 portfolio class for the periods indicated. (Dollars in thousands) No Related With Related Allowance Recorded Allowance Recorded Total Total Total Average Interest Average Interest Average Total Interest Recorded Income Recorded Income Recorded Income Investment Recognized Investment Recognized Investment Recognized December 31, 2015 Commercial Mortgage $ 3,036 $ 6 $ 2,040 $ 37 $ 5,076 $ 43 Other 48 2 53 - 101 2 Residential real estate 247 16 443 8 690 24 Consumer Equity 31 - 91 - 122 - Auto 104 6 - - 104 6 Other - - - - - - TOTAL $ 3,466 $ 30 $ 2,627 $ 45 $ 6,093 $ 75 December 31, 2014 Commercial Mortgage $ 7,529 $ 115 $ 2,512 $ 25 $ 10,041 $ 140 Other 148 3 230 - 378 3 Residential real estate 238 5 515 18 753 23 Consumer Equity 63 - 156 10 219 10 Auto 107 2 2 - 109 2 Other - - - - - - TOTAL $ 8,085 $ 125 $ 3,415 $ 53 $ 11,500 $ 178
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	The following table summarizes information relative to troubled debt restructured (TDR) loans which were modified during the years ended December 31, 2015 and 2014. (Dollars in thousands) Pre- Post- Modification Modification Number Outstanding Outstanding of Recorded Recorded TDRs Investment Investment December 31, 2015 Commercial mortgage 2 $ 478 $ 478 Residential real estate 3 239 239 Consumer 8 177 177 Total 13 $ 894 $ 894 December 31, 2014 Commercial mortgage 5 $ 1,260 $ 1,260 Residential real estate 4 251 251 Consumer 6 30 30 Total 15 $ 1,541 $ 1,541
Past Due Financing Receivables [Table Text Block]	(Dollars in thousands) Recorded Investment 30-59 60-89 >90 >90 Days Days Days Days Total Total and Past Due Past Due Past Due Past Due Current Loans Accruing December 31, 2015 Commercial: Mortgage $ 628 $ 433 $ 196 $ 1,257 $ 68,025 $ 69,282 $ - Other 11 - - 11 12,855 12,866 - Residential Real Estate 449 33 - 482 42,919 43,401 - Consumer: Equity 23 - - 23 10,092 10,115 - Auto 138 17 - 155 11,900 12,055 - Other 2 9 - 11 1,501 1,512 - Total $ 1,251 $ 492 $ 196 $ 1,939 $ 147,292 $ 149,231 $ - 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 loans on nonaccrual status at December 31, 2015 and 2014. (Dollars in thousands) December 31, December 31, 2015 2014 Commercial: Mortgage $ 1,334 $ 7,200 Other 3 169 Residential Real Estate 3 307 Consumer: Equity - 15 Auto 10 38 Other - - Total $ 1,350 $ 7,729
Loans And Leases Receivable Related Parties [Table Text Block]	Loans to such borrowers are summarized as follows: Related Party Loans (Dollars in thousands) 2015 2014 Balance, January 1, $ 11 $ 16 New loans granted 148 131 Principal payments (1) (136) Change in director status - - Balance, December 31, $ 158 $ 11

PREMISES AND EQUIPMENT (Tables)

PREMISES AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	A summary of premises and equipment at December 31, 2015 and 2014 follows: (Dollars in thousands) 2015 2014 Land $ 1,334 $ 1,273 Buildings and improvements 3,291 3,450 Furniture, fixtures, and equipment 2,594 2,339 $ 7,219 $ 7,062 Accumulated depreciation and amortization (4,242) (4,012) Total $ 2,977 $ 3,050
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	At December 31, 2015, the total future minimum lease commitments under the leases were: (Dollars in thousands) 2016 $ 48 2017 - 2018 - 2019 - 2020 - Total $ 48

DEPOSITS (Tables)

DEPOSITS (Tables)	12 Months Ended
	Dec. 31, 2015
Deposits [Abstract]
Schedule Of Deposit Liabilities [Table Text Block]	Deposit account balances at December 31, 2015 and 2014, are summarized as follows: (Dollars in thousands) 2015 2014 Non-interest bearing checking accounts $ 26,116 $ 23,153 Interest-bearing checking accounts 25,721 22,351 Savings accounts 54,277 58,951 Certificates of deposit 56,211 73,512 Total $ 162,325 $ 177,967
Schedule Of Certificates Of Deposit Fiscal Year Maturity [Table Text Block]	At December 31, 2015, scheduled maturities of certificates of deposit are as follows: (Dollars in thousands) 2016 $ 25,279 2017 14,506 2018 3,966 2019 5,775 2020 6,665 2021 and after 20 $ 56,211

BORROWED FUNDS (Tables)

BORROWED FUNDS (Tables)	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Schedule of Debt [Table Text Block]	Borrowed funds are comprised of the following at December 31: (Dollars in thousands) 2015 2014 4.25% note payable to bank in monthly installments of $9,925 through 06/25/2019, unsecured $ 385 $ 485 4.75% note payable to bank in monthly installments of $12,615 through 11/21/2019, unsecured 540 662 8.00% note payable to company, of which a significant owner is a shareholder of Bancorp, in monthly installments of interest only through 12/29/2015, secured by real estate - 5,000 6.00% note payable to individual who is a significant shareholder of Bancorp, in monthly installments of interest only through 08/04/2021, secured by real estate 1,644 - Total borrowed funds $ 2,569 $ 6,147
Schedule of Maturities of Long-term Debt [Table Text Block]	At December 31, 2015, scheduled maturities of notes payable were as follows: (Dollars in thousands) 2016 233 2017 243 2018 255 2019 194 2020 - 2021 1,644 $ 2,569

FEDERAL INCOME TAXES (Tables)

FEDERAL INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	The consolidated provision for income taxes consists of the following for the years ended December 31: (Dollars in thousands) 2015 2014 Income tax expense Current tax expense $ - $ - Deferred tax expense 232 49 Change in valuation allowance - (5,148) Total $ 232 $ (5,099)
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	The consolidated provision for federal income taxes differs from that computed by applying federal statutory rates to income before federal income tax expense as indicated in the following analysis: (Dollars in thousands) 2015 2014 Federal statutory income tax at 34% $ 301 $ 333 Tax exempt income (66) (100) Other (3) (184) Change in valuation allowance - (5,148) Total $ 232 $ (5,099)
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	The deferred tax assets and deferred tax liabilities are comprised of the following at December 31: (Dollars in thousands) 2015 2014 Deferred Tax Assets Pension accounting $ 19 $ 261 Allowance for loan losses 16 682 Deferred compensation 13 16 OREO accounting 687 1,106 Nonaccrual loan interest 38 157 NOL carryforward 4,680 3,429 Available for sale securities 28 4 Other 7 4 Deferred tax assets 5,488 5,659 Deferred Tax Liabilities Depreciation 164 130 FHLB stock 166 166 Deferred tax liabilities 330 296 Net deferred tax asset $ 5,158 $ 5,363

FINANCIAL INSTRUMENTS WITH OF36

FINANCIAL INSTRUMENTS WITH OFF BALANCE SHEET RISK (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block]	Financial instruments whose contract amount represents credit risk at December 31, 2015 and 2014 were as follows: (Dollars in thousands) 2015 2014 Fixed Variable Total Fixed Variable Total Home equity lines $ 1,553 $ 5,359 $ 6,912 $ 1,676 $ 5,164 $ 6,840 Credit card lines 3,405 - 3,405 6,065 - 6,065 Secured by real estate 848 723 1,571 1,090 564 1,654 Other unused commitments 5,585 914 6,499 5,616 88 5,704 Standby letters of credit 11 - 11 41 - 41 Total $ 11,402 $ 6,996 $ 18,398 $ 14,488 $ 5,816 $ 20,304

RISKS AND UNCERTAINTIES (Tables

RISKS AND UNCERTAINTIES (Tables)	12 Months Ended
	Dec. 31, 2015
Risks and Uncertainties [Abstract]
Unusual Risks and Uncertainties [Table Text Block]	Total balances of due from bank balances which were in excess of $250,000 were with the following banks as of December 31, 2015: (Dollars in thousands) Great Lakes Bankers Bank $ 2,620 Federal Reserve Bank 3,500 Federal Home Loan Bank 793 Total $ 6,913

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)	12 Months Ended
	Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Schedule Of Defined Benefit Plan Net Periodic Benefit Cost [Table Text Block]	(Dollars in thousands) 2015 2014 Change in benefit obligation: Projected benefit obligation at beginning of year $ 1,459 $ 1,158 Interest Cost 53 51 Actuarial gain (loss) (76) 274 Benefits paid (27) (24) Projected benefit obligation at end of year $ 1,409 $ 1,459 Change in plan assets: Fair value of plan assets at beginning of year $ 726 $ 630 Actual return on plan assets (108) 56 Employer contributions 772 64 Benefits paid (27) (24) Fair value of plan assets at end of year $ 1,363 $ 726 Funded status (included in accrued liabilities) $ (46) $ (733) Unrecognized actuarial loss in accumulated other comprehensive income (before taxes) $ (778) $ (770)
Schedule of Net Benefit Costs [Table Text Block]	Amounts recognized in the consolidated statements of income consist of: (Dollars in thousands) Year ended December 31, 2015 2014 Net periodic pension cost: Interest cost on projected benefit obligation $ 53 $ 51 Expected return on plan assets (43) (39) Net amortization of deferral of (gains) losses 68 47 Net periodic pension cost $ 78 $ 59
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]	Other changes recognized in other comprehensive income include: (Dollars in thousands) Year ended December 31, 2015 2014 Change in unrecognized net actuarial loss $ (8) $ (208) Tax effect 3 70 Total recognized in other comprehensive income $ (5) $ (138)
Schedule of Assumptions Used [Table Text Block]	Weighted-average assumptions used to determine benefit obligation at December 31, 2015 and 2014: 2015 2014 Discount rate 3.75 % 4.50 % Weighted-average assumptions used to determine net periodic benefit cost for years ended December 31, 2015 and 2014: 2015 2014 Discount rate 3.75 % 4.50 % Expected return on plan assets 6.00 % 6.00 %
Schedule Of Target Allocation Percentages For Each Major Class Of Plan Assets [Table Text Block]	Equity Securities – 85 Fixed Income Securities – 15
Schedule Of Pension Plans Weighted Average Asset Allocations [Table Text Block]	2015 2014 Asset category: Equity securities 9 % 74 % Debt securities 0 % 0 % Cash and cash equivalents 91 % 5 % Other 0 % 21 % Total 100 % 100 % Citizens Independent Bancorp, Inc. common stock to total plan assets 4 % 5 %
Schedule of Allocation of Plan Assets [Table Text Block]	The fair values of the Bank’s pension plan assets presented by asset class within the fair value hierarchy, as defined in Note P – Fair Value of Financial Instruments, at December 31, 2015 and 2014 are as follows: (Dollars in thousands) Fair Value Measurements Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Asset Assets/Liabilities Inputs Inputs Class Total (Level 1) (Level 2) (Level 3) December 31, 2015 Cash Equivalents $ 1,240 $ - $ 1,240 $ - Fixed Income 67 67 - - $ 1,307 $ 67 $ 1,240 $ - CIB Common Stock 54 - 54 - Total Plan Assets $ 1,361 $ 67 $ 1,294 $ - December 31, 2014 Cash Equivalents $ 32 $ - $ 32 $ - Fixed Income 169 169 - - Equity Securities 446 446 - - Other 47 47 - - $ 694 $ 662 $ 32 $ - CIB Common Stock 32 - 32 - Total Plan Assets $ 726 $ 662 $ 64 $ -
Schedule of Expected Benefit Payments [Table Text Block]	The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid: (Dollars in thousands) 2016 75 2017 128 2018 138 2019 52 2020 100 2021-2025 312 Total $ 805

REGULATORY MATTERS (Tables)

REGULATORY MATTERS (Tables)	12 Months Ended
	Dec. 31, 2015
Banking and Thrift [Abstract]
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	The following table outlines the regulatory components of the Company and the Bank’s capital and capital ratios under the rules applicable as of December 31, 2015 and 2014, respectively. (Dollars in thousands) To Be Well Capitalized Under For Capital Prompt Corrective Actual Adequacy Purposes Action Provisions Amount Ratio Amount Ratio Amount Ratio As of December 31, 2015: Total capital (to risk-weighted assets) Consolidated $ 14,365 11.24 % $ 10,222 ≥8.00 % $ N/A $ N/A Subsidiary Bank 16,504 13.14 % 10,049 ≥8.00 % 12,561 ≥10.00 % Tier 1 capital (to risk-weighted assets) Consolidated 12,768 10.0 % 7,667 ≥6.00 % N/A N/A Subsidiary Bank 14,905 11.9 % 7,537 ≥6.00 % 10,049 ≥8.00 % Common equity tier 1 capital (to risk-weighted assets) Consolidated 12,768 10.0 % 5,750 ≥4.50 % N/A N/A Subsidiary Bank 14,905 11.9 % 5,652 ≥4.50 % 8,165 ≥6.50 % Leverage capital (to adjusted average total assets) Consolidated 12,768 6.8 % 7,541 ≥4.00 % N/A N/A Subsidiary Bank 14,905 8.2 % 7,243 ≥4.00 % 9,054 ≥5.00 % As of December 31, 2014: Total capital to risk weighted assets Consolidated $ 11,779 8.8 % $ 10,663 8.0 % $ N/A $ N/A Bank 17,560 13.4 % 10,491 8.0 % 13,114 10.0 % Tier 1 capital to risk weighted assets Consolidated 10,113 7.6 % 5,332 4.0 % N/A N/A Bank 15,893 12.1 % 5,245 4.0 % 7,868 6.0 % Tier 1 capital to average assets Consolidated 10,113 5.0 % 8,111 4.0 % N/A N/A Bank 15,893 8.1 % 7,839 4.0 % 9,798 5.0 %

FAIR VALUES OF FINANCIAL INST40

FAIR VALUES OF FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Dec. 31, 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 Fair Assets/Liabilities Inputs Inputs Value (Level 1) (Level 2) (Level 3) December 31, 2015 Assets: Securities available for sale U.S. government securities $ 1,005 $ 1,005 $ - $ - U.S. government federal agencies 6,535 - 6,535 - State & local governments 1,783 - 1,783 - Mortgage backed securities 4,690 - 4,690 - Total securities available for sale $ 14,013 $ 1,005 $ 13,008 $ - 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 & 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]	The following are assets and liabilities that were accounted for or disclosed at fair value on a nonrecurring basis: (Dollars in thousands) Fair Value Measurements Using Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Fair Assets/Liabilities Inputs Inputs Value (Level 1) (Level 2) (Level 3) December 31, 2015 Assets: Impaired loans Commercial mortgage $ 2,171 $ - $ - $ 2,171 Commercial other 38 - - 38 Residential real estate 679 - - 679 Consumer equity - - - - Consumer auto 89 - - 89 Total impaired loans $ 2,977 $ - $ - $ 2,977 Other real estate owned Residential 15 - - 15 Commercial 223 - - 223 Total other real estate owned $ 238 $ - $ - $ 238 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 Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block]	The quantitative information about Level 3 fair value measurements for financial assets and liabilities measured at fair value on a nonrecurring basis is as follows (dollars in thousands): (Dollars in thousands) Significant Fair Value Valuation Technique Unobservable Input Range December 31, 2015 Impaired loans Commercial mortgage $ 2,171 Appraisal of Collateral Appraisal Adjustment Up to 6% 6.9 % Commercial other 38 Appraisal of Collateral Appraisal Adjustment * 0.0 % Residential real estate 679 Appraisal of Collateral Appraisal Adjustment Up to 6% 6.5 % Consumer auto 89 Appraisal of Collateral Appraisal Adjustment * 0.0 % Other real estate owned Residential 15 Appraisal of Collateral Appraisal Adjustment * 0.0 % Commercial 223 Appraisal of Collateral Appraisal Adjustment Up to 45% 0.0 % December 31, 2014 Impaired loans Commercial mortgage $ 9,202 Appraisal of Collateral Appraisal Adjustment Up to 9% 10.1 % Commercial other 67 Appraisal of Collateral Appraisal Adjustment Up to 68% 214.9 % Residential real estate 594 Appraisal of Collateral Appraisal Adjustment Up to 11% 12.0 % Consumer equity 154 Appraisal of Collateral Appraisal Adjustment * 9.1 % Consumer auto 106 Appraisal of Collateral Appraisal Adjustment Up to 8% 0.0 % Other real estate owned Residential 200 Appraisal of Collateral Appraisal Adjustment * Commercial 868 Appraisal of Collateral Appraisal Adjustment Up to 5% * There are no related allowances for these classifications
Fair Value, by Balance Sheet Grouping [Table Text Block]	The estimated fair value of the financial instruments is as follows: (Dollars in thousands) Fair Value Measurements at Reporting Date Using: Quoted Prices in Active Markets Other Significant for Identical Observable Unobservable Carrying Fair Assets/Liabilities Inputs Inputs Amount Value (Level 1) (Level 2 (Level 3) December 31, 2015 Financial assets: Cash and cash equivalents $ 9,371 $ 9,371 $ - $ 9,371 $ - Securities available for sale 14,013 14,013 1,005 13,008 - Other investment securities 859 859 - - 859 Net loans 147,153 149,355 - - 149,355 Accrued interest receivable 285 285 - - 285 Bank owned life insurance 3,320 3,320 - 3,320 - Financial liabilities Noninterest bearing deposits $ 26,116 $ 26,116 $ - $ 26,116 $ - Interest-bearing deposits 136,209 137,174 - 137,174 - Borrowed funds 2,569 2,569 - 2,569 - Accrued interest payable 759 759 - - 759 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 Net loans 142,557 145,895 - - 145,895 Accrued interest receivable 348 348 - - 348 Bank owned life insurance 281 281 - 281 - 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

PARENT COMPANY FINANCIAL STAT41

PARENT COMPANY FINANCIAL STATEMENTS (Tables)	12 Months Ended
	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Balance Sheet [Table Text Block]	CONDENSED BALANCE SHEETS December 31, 2015 and 2014 (Dollars in thousands) 2015 2014 Assets Cash $ 346 $ 921 Investment in subsidiary 17,411 17,967 Other assets 2,179 2,098 Total assets $ 19,936 $ 20,986 Total Liabilities $ 2,577 $ 6,149 Total shareholders' equity 17,359 14,837 Total liabilities and equity $ 19,936 $ 20,986
Condensed Income Statement [Table Text Block]	CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME Years ended December 31, 2015 and 2014 (Dollars in thousands) 2015 2014 Income Dividends from subsidiaries $ 1,300 $ - Other 308 (333) 1,608 (333) Expenses Other (523) (683) Income (loss) before income taxes and equity in undistributed earnings of subsidiary 1,085 (1,016) Income tax expense (benefit) (73) (2,098) Equity in undistributed earnings (loss) of subsidiary (504) 4,996 Net income (loss) 654 6,078 Other comprehensive income (loss) (52) (44) Comprehensive income (loss) $ 602 $ 6,034
Condensed Cash Flow Statement [Table Text Block]	CONDENSED STATEMENT OF CASH FLOWS Years ended December 31, 2015 and 2014 (Dollars in thousands) 2015 2014 Cash flows from Operating Activities Net income (loss) $ 654 $ 6,078 Adjustments to reconcile net income to cash from operations Equity in undistributed (earnings) loss of subsidiaries 504 (4,996) Deferred income tax (73) (2,098) Change in other assets and other liabilities (2) 29 Net cash provided by (used in) operating activities 1,083 (987) Cash flows from investing activities Proceeds from the sale of other real estate owned - 362 Capital contribution from (to) subsidiary - (1,467) Net change from investing activities - (1,105) Cash flows from financing activities Payments on loan payable (2,921) (215) Issuance of common stock 1,263 3,177 Net change from financing activities (1,658) 2,962 Net increase (decrease) in cash and cash equivalents (575) 870 Cash and cash equivalents at beginning of year 921 51 Cash and cash equivalents at end of year $ 346 $ 921

SUMMARY OF SIGNIFICANT ACCOUN42

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Securities available for sale	$ (54)	$ (7)
Unrecognized actuarial loss of the pension plan	(513)	(508)
Accumulated other comprehensive income	$ (567)	$ (515)

SUMMARY OF SIGNIFICANT ACCOUN43

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Schedule Of Earnings Per Share Basic And Diluted [Line Items]
Net income (loss)	$ 654	$ 6,078
Weighted average common shares outstanding	645,849	542,398
Basic earnings per common share (in dollars per share)	$ 1.01	$ 11.21
Total shares and warrants	652,478	548,348
Diluted earnings per common share (in dollars per share)	$ 1	$ 11.08

SUMMARY OF SIGNIFICANT ACCOUN44

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Schedule Of Cash Flow Supplemental Disclosures [Line Items]
Cash paid during the year for interest	$ 1,958	$ 2,077
Non cash investing and financing activities
Transfer of loans to real estate owned	150	803
Short term debt converted to common stock	$ 656	$ 0

SUMMARY OF SIGNIFICANT ACCOUN45

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Summary Of Significant Accounting Policies [Line Items]
Tier One Leverage Capital To Total Assets	8.00%
Tier One Total Capital To Risk Weighted Assets	11.50%
Proceeds from Issuance of Common Stock		$ 3.2
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross		554,631
Warrant [Member]
Summary Of Significant Accounting Policies [Line Items]
Stock Issued During Period, Shares, New Issues		119,003
Warrants Expiry Date	Jun. 25, 2016
Warrant Exercise Price, Description	90% of the book price per share at the close of the preceding month.
Class Of Warrant Or Right Issued	119,003
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross		184,877
Common Stock [Member]
Summary Of Significant Accounting Policies [Line Items]
Stock Issued During Period, Shares, New Issues	33,175	238,057
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross		369,754

RESTRICTION ON CASH AND DUE F46

RESTRICTION ON CASH AND DUE FROM BANKS (Details Textual) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted Cash and Cash Equivalents, Current	$ 1,064,000	$ 889,000
Great Lakes Bankers Bank [Member]
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted Cash and Cash Equivalents, Current	$ 861,000

INVESTMENT SECURITIES (Details)

INVESTMENT SECURITIES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Amortized Cost	$ 14,095	$ 31,174
Available-for-sale, Gross Unrealized Gains	16	123
Available-for-sale, Gross Unrealized Losses	(98)	(133)
Available-for-sale, Fair Value	14,013	31,164
U.S. government securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Amortized Cost	1,005	5,049
Available-for-sale, Gross Unrealized Gains	0	18
Available-for-sale, Gross Unrealized Losses	0	0
Available-for-sale, Fair Value	1,005	5,067
U.S. government federal agencies [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Amortized Cost	6,571	13,905
Available-for-sale, Gross Unrealized Gains	3	31
Available-for-sale, Gross Unrealized Losses	(39)	(67)
Available-for-sale, Fair Value	6,535	13,869
State and local governments [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Amortized Cost	1,774	1,029
Available-for-sale, Gross Unrealized Gains	9	7
Available-for-sale, Gross Unrealized Losses	0	(1)
Available-for-sale, Fair Value	1,783	1,035
Mortgage backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Amortized Cost	4,745	11,191
Available-for-sale, Gross Unrealized Gains	4	67
Available-for-sale, Gross Unrealized Losses	(59)	(65)
Available-for-sale, Fair Value	$ 4,690	$ 11,193

INVESTMENT SECURITIES (Details

INVESTMENT SECURITIES (Details 1) $ in Thousands	Dec. 31, 2015USD ($)
Securities available-for-sale, Amortized Cost, Amounts maturing in:
One year or less	$ 1,258
After one year through five years	6,868
After five years through ten years	1,245
After ten years	4,724
Total	14,095
Securities available-for-sale, Fair Value, Amounts maturing in:
One year or less	1,259
After one year through five years	6,832
After five years through ten years	1,256
After ten years	4,666
Total	$ 14,013

INVESTMENT SECURITIES (Detail49

INVESTMENT SECURITIES (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 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	$ 8,096	$ 5,651
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 months Gross unrealized losses	(67)	(18)
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or greater Fair value	1,388	8,663
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or greater Gross unrealized Losses	(31)	(115)
Available-for-sale Securities, Continuous Unrealized Loss Position, Total Fair Value	9,484	14,314
Available-for-sale Securities, Continuous Unrealized Loss Position, Total Gross unrealized losses	(98)	(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	4,981	3,088
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 months Gross unrealized losses	(39)	(9)
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or greater Fair value	0	4,979
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or greater Gross unrealized Losses	0	(58)
Available-for-sale Securities, Continuous Unrealized Loss Position, Total Fair Value	4,981	8,067
Available-for-sale Securities, Continuous Unrealized Loss Position, Total Gross unrealized losses	(39)	(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		578
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 months Gross unrealized losses		(1)
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or greater Fair value		0
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or greater Gross unrealized Losses		0
Available-for-sale Securities, Continuous Unrealized Loss Position, Total Fair Value		578
Available-for-sale Securities, Continuous Unrealized Loss Position, Total Gross unrealized losses		(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	3,115	1,985
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 months Gross unrealized losses	(28)	(8)
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or greater Fair value	1,388	3,684
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or greater Gross unrealized Losses	(31)	(57)
Available-for-sale Securities, Continuous Unrealized Loss Position, Total Fair Value	4,503	5,669
Available-for-sale Securities, Continuous Unrealized Loss Position, Total Gross unrealized losses	$ (59)	$ (65)

INVESTMENT SECURITIES (Detail50

INVESTMENT SECURITIES (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities Pledged as Collateral	$ 2,848,000	$ 28,793,000
Proceeds from Sale of Available-for-sale Securities	14,418,000	4,710,000
Trading Securities, Total	14,200,000
Investment Securities Portfolio [Member]
Schedule of Available-for-sale Securities [Line Items]
Proceeds from Sale of Available-for-sale Securities	14,400,000
Available-for-sale Securities, Gross Realized Gains	$ 200,000
Municipal Securities Portfolio [Member]
Schedule of Available-for-sale Securities [Line Items]
Proceeds from Sale of Available-for-sale Securities		4,700,000
Available-for-sale Securities, Gross Realized Gains		$ 200,000

LOANS AND ALLOWANCE FOR LOAN 51

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning of period	$ 3,869	$ 4,384
Charge-offs	(1,672)	(688)
Recoveries	131	359
Net (charge-offs) recoveries	(1,541)	(329)
Provision	250	186
Ending of period	2,078	3,869
Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning of period	3,491	3,873
Charge-offs	(1,443)	(458)
Recoveries	86	295
Net (charge-offs) recoveries	(1,357)	(163)
Provision	(505)	(219)
Ending of period	1,629	3,491
Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning of period	195	267
Charge-offs	(42)	(45)
Recoveries	2	21
Net (charge-offs) recoveries	(40)	(24)
Provision	85	(48)
Ending of period	240	195
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning of period	183	244
Charge-offs	(187)	(185)
Recoveries	43	43
Net (charge-offs) recoveries	(144)	(142)
Provision	170	81
Ending of period	$ 209	$ 183

LOANS AND ALLOWANCE FOR LOAN 52

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 1) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively Evaluated, Allowance for loan losses	$ 1,884	$ 2,715
Collectively Evaluated, Recorded investment in loans	146,969	135,149
Individually Evaluated, Allowance for loan losses	194	1,154
Individually Evaluated, Recorded investment in loans	2,262	11,277
Total, Allowance for loan losses	2,078	3,869	$ 4,384
Total, Recorded investment in loans	149,231	146,426
Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively Evaluated, Allowance for loan losses	1,479	2,422
Collectively Evaluated, Recorded investment in loans	80,293	77,651
Individually Evaluated, Allowance for loan losses	150	1,069
Individually Evaluated, Recorded investment in loans	1,854	10,338
Total, Allowance for loan losses	1,629	3,491	3,873
Total, Recorded investment in loans	82,147	87,989
Real estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively Evaluated, Allowance for loan losses	196	124
Collectively Evaluated, Recorded investment in loans	42,993	38,091
Individually Evaluated, Allowance for loan losses	44	71
Individually Evaluated, Recorded investment in loans	408	665
Total, Allowance for loan losses	240	195	267
Total, Recorded investment in loans	43,401	38,756
Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively Evaluated, Allowance for loan losses	209	169
Collectively Evaluated, Recorded investment in loans	23,683	19,407
Individually Evaluated, Allowance for loan losses	0	14
Individually Evaluated, Recorded investment in loans	0	274
Total, Allowance for loan losses	209	183	$ 244
Total, Recorded investment in loans	$ 23,683	$ 19,681

LOANS AND ALLOWANCE FOR LOAN 53

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 2) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Loans	$ 149,231	$ 146,426
Commercial Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	12,866	13,588
Pass [Member] | Commercial Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	12,123	13,014
Special Mention [Member] | Commercial Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	186	344
Substandard [Member] | Commercial Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	557	230
Doubtful [Member] | Commercial Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Commercial Mortgage [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	69,282	74,401
Commercial Mortgage [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	61,612	61,047
Commercial Mortgage [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	984	4,524
Commercial Mortgage [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	6,686	8,131
Commercial Mortgage [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	0	699
Residential Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	43,401	38,756
Residential Real Estate [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	42,690	37,729
Residential Real Estate [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	373	430
Residential Real Estate [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	338	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	10,115	7,037
Consumer Equity [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	10,049	6,945
Consumer Equity [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	59	77
Consumer Equity [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	7	15
Consumer Equity [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Consumer Auto [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	12,055	10,756
Consumer Auto [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	11,999	10,649
Consumer Auto [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	38	54
Consumer Auto [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	18	53
Consumer Auto [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Consumer Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	23,683	19,681
Consumer Other [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	1,512	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 54

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 3) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	$ 1,766	$ 7,438
Unpaid Principal Balance, With no related allowance recorded	2,329	7,838
Related Allowance, With no allowance recorded	0	0
Recorded Investment, With an allowance recorded	1,405	3,839
Unpaid Principal Balance, With an allowance recorded	1,509	3,961
Related Allowance, With an allowance recorded	194	1,154
Recorded Investment, Total	3,171	11,277
Unpaid Principal Balance, Total	3,838	11,799
Related Allowance, Total	194	1,154
Commercial mortgage [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	1,324	7,027
Unpaid Principal Balance, With no related allowance recorded	1,886	7,368
Related Allowance, With no allowance recorded	0	0
Recorded Investment, With an allowance recorded	997	3,100
Unpaid Principal Balance, With an allowance recorded	1,100	3,191
Related Allowance, With an allowance recorded	150	925
Commercial other [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	38	67
Unpaid Principal Balance, With no related allowance recorded	37	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	315	223
Unpaid Principal Balance, With no related allowance recorded	316	278
Related Allowance, With no allowance recorded	0	0
Recorded Investment, With an allowance recorded	408	442
Unpaid Principal Balance, With an allowance recorded	409	449
Related Allowance, With an allowance recorded	44	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	0	153
Unpaid Principal Balance, With an allowance recorded	0	153
Related Allowance, With an allowance recorded	0	14
Consumer auto [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	89	106
Unpaid Principal Balance, With no related allowance recorded	90	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 55

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 4) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Impaired [Line Items]
Average Recorded Investment, With No Related Allowance Recorded	$ 3,466	$ 8,085
Total Interest Income Recognized, With No Related Allowance Recorded	30	125
Average Recorded Investment, With Related Allowance Recorded	2,627	3,415
Total Interest Income Recognized, With Related Allowance Recorded	45	53
Total Average Recorded Investment	6,093	11,500
Total Interest Income Recognized	75	178
Commercial Other [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment, With No Related Allowance Recorded	48	148
Total Interest Income Recognized, With No Related Allowance Recorded	2	3
Average Recorded Investment, With Related Allowance Recorded	53	230
Total Interest Income Recognized, With Related Allowance Recorded	0	0
Total Average Recorded Investment	101	378
Total Interest Income Recognized	2	3
Consumer [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment, With No Related Allowance Recorded	0	0
Total Interest Income Recognized, With No Related Allowance Recorded	0	0
Average Recorded Investment, With Related Allowance Recorded	0	0
Total Interest Income Recognized, With Related Allowance Recorded	0	0
Total Average Recorded Investment	0	0
Total Interest Income Recognized	0	0
Commercial Mortgage [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment, With No Related Allowance Recorded	3,036	7,529
Total Interest Income Recognized, With No Related Allowance Recorded	6	115
Average Recorded Investment, With Related Allowance Recorded	2,040	2,512
Total Interest Income Recognized, With Related Allowance Recorded	37	25
Total Average Recorded Investment	5,076	10,041
Total Interest Income Recognized	43	140
Residential Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment, With No Related Allowance Recorded	247	238
Total Interest Income Recognized, With No Related Allowance Recorded	16	5
Average Recorded Investment, With Related Allowance Recorded	443	515
Total Interest Income Recognized, With Related Allowance Recorded	8	18
Total Average Recorded Investment	690	753
Total Interest Income Recognized	24	23
Consumer Equity [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment, With No Related Allowance Recorded	31	63
Total Interest Income Recognized, With No Related Allowance Recorded	0	0
Average Recorded Investment, With Related Allowance Recorded	91	156
Total Interest Income Recognized, With Related Allowance Recorded	0	10
Total Average Recorded Investment	122	219
Total Interest Income Recognized	0	10
Consumer Auto [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment, With No Related Allowance Recorded	104	107
Total Interest Income Recognized, With No Related Allowance Recorded	6	2
Average Recorded Investment, With Related Allowance Recorded	0	2
Total Interest Income Recognized, With Related Allowance Recorded	0	0
Total Average Recorded Investment	104	109
Total Interest Income Recognized	$ 6	$ 2

LOANS AND ALLOWANCE FOR LOAN 56

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 5) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Financing Receivable, Modifications [Line Items]
Number of TDRs	13	15
Pre-Modification Outstanding Recorded Investment	$ 894	$ 1,541
Post-Modification Outstanding Recorded Investment	$ 894	$ 1,541
Commercial mortgage [Member]
Financing Receivable, Modifications [Line Items]
Number of TDRs	2	5
Pre-Modification Outstanding Recorded Investment	$ 478	$ 1,260
Post-Modification Outstanding Recorded Investment	$ 478	$ 1,260
Residential real estate [Member]
Financing Receivable, Modifications [Line Items]
Number of TDRs	3	4
Pre-Modification Outstanding Recorded Investment	$ 239	$ 251
Post-Modification Outstanding Recorded Investment	$ 239	$ 251
Consumer auto [Member]
Financing Receivable, Modifications [Line Items]
Number of TDRs	8	6
Pre-Modification Outstanding Recorded Investment	$ 177	$ 30
Post-Modification Outstanding Recorded Investment	$ 177	$ 30

LOANS AND ALLOWANCE FOR LOAN 57

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 6) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 1,939	$ 7,440
Current	147,292	138,986
Total Loans	149,231	146,426
Recorded Investment >90 Days and Accruing	0	0
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,251	1,860
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	492	580
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	196	5,000
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	12,866	13,588
Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	11	24
Current	1,501	1,864
Total Loans	1,512	1,888
Recorded Investment >90 Days and Accruing	0	0
Consumer [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2	8
Consumer [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	9	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	0	10
Commercial Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,257	6,507
Current	68,025	67,894
Total Loans	69,282	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	628	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	433	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	196	4,924
Commercial Other [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	11	181
Current	12,855	13,407
Total Loans	12,866	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	11	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	482	683
Current	42,919	38,073
Total Loans	43,401	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	449	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	33	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	0	27
Consumer Equity [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	23	0
Current	10,092	7,037
Total Loans	10,115	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	23	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]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	12,055	10,756
Consumer Auto [Member] | Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	155	45
Current	11,900	10,711
Total Loans	12,055	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	138	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	17	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 58

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 7) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans on nonaccrual status	$ 1,350	$ 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	1,334	7,200
Commercial other [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans on nonaccrual status	3	169
Residential real estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans on nonaccrual status	3	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	$ 10	$ 38

LOANS AND ALLOWANCE FOR LOAN 59

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 8) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Balance at beginning period	$ 11	$ 16
New loans granted	148	131
Principal payments	(1)	(136)
Change in director status	0	0
Balance at ending period	$ 158	$ 11

LOANS AND ALLOWANCE FOR LOAN 60

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Modifications [Line Items]
Description of Credit Risk Exposure	Such monitoring is being done on an ongoing basis according to the following timeframe: $250,000 to $1,000,000 exposure, annually; $1,000,000 exposure, semiannually; watch list loans with aggregate exposure >$100,000 are analyzed each quarter.
Loans and Leases Receivable, Gross, Total	$ 149,231	$ 146,426
Percentage Of Non Owner Occupied Residential Real Estate To Total Loan	19.40%	19.50%
Loans Payable Percentage Of Past Due Total	2.10%	4.80%
Commercial Real Estate Non Owner Occupied [Member]
Financing Receivable, Modifications [Line Items]
Loans and Leases Receivable, Gross, Total	$ 28,900	$ 28,600

PREMISES AND EQUIPMENT (Details

PREMISES AND EQUIPMENT (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Land	$ 1,334	$ 1,273
Buildings and improvements	3,291	3,450
Furniture, fixtures, and equipment	2,594	2,339
Property, Plant and Equipment, Gross, Total	7,219	7,062
Accumulated depreciation and amortization	(4,242)	(4,012)
Total	$ 2,977	$ 3,050

PREMISES AND EQUIPMENT (Detai62

PREMISES AND EQUIPMENT (Details 1) $ in Thousands	Dec. 31, 2015USD ($)
Debt Instrument [Line Items]
2,016	$ 48
2,017	0
2,018	0
2,019	0
2,020	0
Total	$ 48

PREMISES AND EQUIPMENT (Detai63

PREMISES AND EQUIPMENT (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Operating Leases, Rent Expense, Net, Total	$ 126,000	$ 160,000

BANK OWNED LIFE INSURANCE (Deta

BANK OWNED LIFE INSURANCE (Details Textual) - USD ($)	1 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2015	Dec. 31, 2014
Liability for Future Policy Benefits, Total		$ 9,700,000	$ 400,000
Cash Surrender Value of Life Insurance		3,320,000	281,000
Supplementary Insurance Information, Premium Revenue		121,000
Payments to Acquire Life Insurance Policies	$ 3,000,000
Bank Owned Life Insurance Income		$ 39,000	$ 8,000

DEPOSITS (Details)

DEPOSITS (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Schedule Of Deposit Liabilities [Line Items]
Noninterest bearing	$ 26,116	$ 23,153
Interest-bearing checking accounts	25,721	22,351
Savings accounts	54,277	58,951
Certificates of deposit	56,211	73,512
Total	$ 162,325	$ 177,967

DEPOSITS (Details 1)

DEPOSITS (Details 1) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Schedule Of Deposit Liabilities [Line Items]
2,016	$ 25,279
2,017	14,506
2,018	3,966
2,019	5,775
2,020	6,665
2021 and after	20
Time Deposits	$ 56,211	$ 73,512

DEPOSITS (Details Textual)

DEPOSITS (Details Textual) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Schedule Of Deposit Liabilities [Line Items]
Time Deposits, $100,000 or More	$ 7,258,000	$ 19,526,000
Bank Held Deposits	$ 544,000	$ 528,000

BORROWED FUNDS (Details)

BORROWED FUNDS (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Feb. 09, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Borrowed funds	$ 2,569	$ 5,000	$ 6,147
4.25% note payable to bank in monthly installments of $9,925 through 06/25/2019, unsecured
Debt Instrument [Line Items]
Borrowed funds	385	$ 2,700	485
4.75% note payable to bank in monthly installments of $12,615 through 11/21/2019, unsecured
Debt Instrument [Line Items]
Borrowed funds	540		662
8.00% note payable to company, of which a significant owner is a shareholder of Bancorp, in monthly installments of interest only through 12/29/2015, secured by real estate
Debt Instrument [Line Items]
Borrowed funds	0		5,000
6.00% note payable to individual who is a significant shareholder of Bancorp, in monthly installments of interest only through 08/04/2021, secured by real estate
Debt Instrument [Line Items]
Borrowed funds	$ 1,644		$ 0

BORROWED FUNDS _Parenthetical_

BORROWED FUNDS [Parenthetical] (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Loan 1 [Member]
Debt Instrument [Line Items]
Debt, Balance	$ 9,925	$ 9,925
Debt, Interest Rate	4.25%	4.25%
Debt, Frequency of Payments	monthly	monthly
Debt, Status	installments	installments
Debt, Maturity Date	Jun. 25, 2019	Jun. 25, 2019
Loan 2 [Member]
Debt Instrument [Line Items]
Debt, Balance	$ 12,615	$ 12,615
Debt, Interest Rate	4.75%	4.75%
Debt, Frequency of Payments	monthly	monthly
Debt, Status	installments	installments
Debt, Maturity Date	Nov. 21, 2019	Nov. 21, 2019
Loan 3 [Member]
Debt Instrument [Line Items]
Debt, Balance	$ 0	$ 0
Debt, Interest Rate	8.00%	8.00%
Debt, Frequency of Payments	monthly	monthly
Debt, Status	installments of interest only	installments of interest only
Debt, Maturity Date	Dec. 29, 2015	Dec. 29, 2015
Loan 4 [Member]
Debt Instrument [Line Items]
Debt, Balance	$ 0	$ 0
Debt, Interest Rate	6.00%	6.00%
Debt, Frequency of Payments	monthly	monthly
Debt, Status	installments of interest only	installments of interest only
Debt, Maturity Date	Aug. 4, 2021	Aug. 4, 2021

BORROWED FUNDS (Details 1)

BORROWED FUNDS (Details 1) $ in Thousands	Dec. 31, 2015USD ($)
Debt Instrument [Line Items]
2,016	$ 233
2,017	243
2,018	255
2,019	194
2,020	0
2,021	1,644
Borrowed Funds	$ 2,569

BORROWED FUNDS (Details Textual

BORROWED FUNDS (Details Textual) - USD ($)	Feb. 09, 2015	Dec. 31, 2015	Dec. 31, 2014	Sep. 30, 2015
Debt Instrument [Line Items]
Debt Instrument, Annual Principal Payment				$ 1,000,000
Federal Home Loan Bank Stock		$ 859,000
Federal Home Loan Bank Advances Percentage Of Qualifying		100.00%
Federal Home Loan Bank, Advances, General Debt Obligations, Maximum Amount Available		$ 46,000,000
Debt and Capital Lease Obligations	$ 5,000,000	2,569,000	$ 6,147,000
Mortgage Loans on Real Estate, Beginning Balance		77,500,000
Debt Conversion, Converted Instrument, Amount		656,000	0
Standby Letters of Credit [Member]
Debt Instrument [Line Items]
Federal Home Loan Bank Stock		$ 14,750,000
Notes Payable One [Member]
Debt Instrument [Line Items]
Debt Conversion, Original Debt, Amount	$ 2,300,000
Debt Conversion, Converted Instrument, Shares Issued	28,675
Debt Instrument, Maturity Date		Dec. 29, 2015
Debt and Capital Lease Obligations	$ 2,700,000	$ 385,000	$ 485,000
Debt Instrument, Interest Rate, Stated Percentage		8.00%
Debt Conversion, Converted Instrument, Amount	$ 1,644,546.60
Debt Conversion, Converted Instrument, Rate	6.00%
Federal Reserve Bank Of Cleveland [Member]
Debt Instrument [Line Items]
Debt Instrument, Collateral Amount		$ 8,500,000
Great Lakes Bankers Bank [Member]
Debt Instrument [Line Items]
Debt Instrument, Collateral Amount		1,000,000
Federal Reserve Federal Funds Line [Member]
Debt Instrument [Line Items]
Debt Instrument, Collateral Amount		$ 11,100,000

FEDERAL INCOME TAXES (Details)

FEDERAL INCOME TAXES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income tax expense
Current tax expense	$ 0	$ 0
Deferred tax expense	232	(5,099)
Change in valuation allowance	0	(5,148)
Total	$ 232	$ (5,099)

FEDERAL INCOME TAXES (Details 1

FEDERAL INCOME TAXES (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Line Items]
Federal statutory income tax at 34%	$ 301	$ 333
Tax exempt income	(66)	(100)
Other	(3)	(184)
Change in valuation allowance	0	(5,148)
Total	$ 232	$ (5,099)

FEDERAL INCOME TAXES (Details 2

FEDERAL INCOME TAXES (Details 2) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deferred Tax Assets
Pension accounting	$ 19	$ 261
Allowance for loan losses	16	682
Deferred compensation	13	16
OREO accounting	687	1,106
Nonaccrual loan interest	38	157
NOL carryforward	4,680	3,429
Available for sale securities	28	4
Other	7	4
Deferred tax assets	5,488	5,659
Deferred Tax Liabilities
Depreciation	164	130
FHLB stock	166	166
Deferred tax liabilities	330	296
Net deferred tax asset	$ 5,158	$ 5,363

FEDERAL INCOME TAXES (Details T

FEDERAL INCOME TAXES (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	34.00%
Operating Loss Carryforwards	$ 13,762,000
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	$ 4,700,000
Operating Loss Carryforwards Expiration Dates1	expire in the year 2031
Deferred Tax Assets, Net of Valuation Allowance, Total	$ 800,000
Other Assets [Member]
Income Tax Disclosure [Line Items]
Deferred Tax Assets, Valuation Allowance		$ 5,100,000
Deferred Tax Assets, Net of Valuation Allowance, Total	$ 5,200,000

FINANCIAL INSTRUMENTS WITH OF76

FINANCIAL INSTRUMENTS WITH OFF BALANCE SHEET RISK (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Liability	$ 18,398	$ 20,304
Fixed [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Liability	11,402	14,488
Variable [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Liability	6,996	5,816
Home Equity Lines [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Liability	6,912	6,840
Home Equity Lines [Member] | Fixed [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Liability	1,553	1,676
Home Equity Lines [Member] | Variable [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Liability	5,359	5,164
Credit Card Lines [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Liability	3,405	6,065
Credit Card Lines [Member] | Fixed [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Liability	3,405	6,065
Credit Card Lines [Member] | Variable [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Liability	0	0
Secured By Real Estate [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Liability	1,571	1,654
Secured By Real Estate [Member] | Fixed [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Liability	848	1,090
Secured By Real Estate [Member] | Variable [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Liability	723	564
Other Unused Commitments [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Liability	6,499	5,704
Other Unused Commitments [Member] | Fixed [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Liability	5,585	5,616
Other Unused Commitments [Member] | Variable [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Liability	914	88
Standby Letters of Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Liability	11	41
Standby Letters of Credit [Member] | Fixed [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Liability	11	41
Standby Letters of Credit [Member] | Variable [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Liability	$ 0	$ 0

RISKS AND UNCERTAINTIES (Detail

RISKS AND UNCERTAINTIES (Details) $ in Thousands	Dec. 31, 2015USD ($)
Unusual Risk or Uncertainty [Line Items]
Bank Due In Excess Of 250000	$ 6,913
Great Lakes Bankers Bank [Member]
Unusual Risk or Uncertainty [Line Items]
Bank Due In Excess Of 250000	2,620
Federal Reserve Bank [Member]
Unusual Risk or Uncertainty [Line Items]
Bank Due In Excess Of 250000	3,500
Federal Home Loan Bank [Member]
Unusual Risk or Uncertainty [Line Items]
Bank Due In Excess Of 250000	$ 793

EMPLOYEE BENEFIT PLANS (Details

EMPLOYEE BENEFIT PLANS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Change in benefit obligation:
Projected benefit obligation at beginning of year	$ 1,459	$ 1,158
Interest Cost	53	51
Actuarial gain (loss)	(76)	274
Benefits paid	(27)	(24)
Projected benefit obligation at end of year	1,409	1,459
Change in plan assets:
Fair value of plan assets at beginning of year	726	630
Actual return on plan assets	(108)	56
Employer contributions	772	64
Benefits paid	27	24
Fair value of plan assets at end of year	1,363	726
Funded status (included in accrued liabilities)	(46)	(733)
Unrecognized actuarial loss in accumulated other comprehensive income (before taxes)	$ (778)	$ (770)

EMPLOYEE BENEFIT PLANS (Detai79

EMPLOYEE BENEFIT PLANS (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Net periodic pension cost:
Interest cost on projected benefit obligation	$ 53	$ 51
Expected return on plan assets	(43)	(39)
Net amortization of deferral of (gains) losses	68	47
Net periodic pension cost	$ 78	$ 59

EMPLOYEE BENEFIT PLANS (Detai80

EMPLOYEE BENEFIT PLANS (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Defined Benefit Plan Disclosure [Line Items]
Change in unrecognized net actuarial loss	$ (8)	$ (208)
Tax effect	3	70
Total recognized in other comprehensive income	$ (5)	$ (138)

EMPLOYEE BENEFIT PLANS (Detai81

EMPLOYEE BENEFIT PLANS (Details 3)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Benefit Obligation [Abstract]
Discount rate	3.75%	4.50%
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract]
Discount rate	3.75%	4.50%
Expected return on plan assets	6.00%	6.00%

EMPLOYEE BENEFIT PLANS (Detai82

EMPLOYEE BENEFIT PLANS (Details 4)	12 Months Ended
	Dec. 31, 2015
Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Target Plan Asset Allocations	85.00%
Fixed Income Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Target Plan Asset Allocations	15.00%

EMPLOYEE BENEFIT PLANS (Detai83

EMPLOYEE BENEFIT PLANS (Details 5)	Dec. 31, 2015	Dec. 31, 2014
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Actual Plan Asset Allocations	100.00%	100.00%
Defined Benefit Plan, Funded Percentage	4.00%	5.00%
Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Actual Plan Asset Allocations	9.00%	74.00%
Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Actual Plan Asset Allocations	0.00%	0.00%
Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Actual Plan Asset Allocations	91.00%	5.00%
Other [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Actual Plan Asset Allocations	0.00%	21.00%

EMPLOYEE BENEFIT PLANS (Detai84

EMPLOYEE BENEFIT PLANS (Details 6) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance	$ 1,363	$ 726	$ 630
Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance	67	662
Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance	1,294	64
Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance	0	0
Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance	1,240	32
Cash and Cash Equivalents [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance	0	0
Cash and Cash Equivalents [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance	1,240	32
Cash and Cash Equivalents [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance	0	0
Fixed Income Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance	67	169
Fixed Income Funds [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance	67	169
Fixed Income Funds [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance	0	0
Fixed Income Funds [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance	0	0
Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance		446
Equity Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance		446
Equity Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance		0
Equity Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance		0
Other [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance		47
Other [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance		47
Other [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance		0
Other [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance		0
Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance	1,307	694
Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance	67	662
Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance	1,240	32
Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance	0	0
CIB Common Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance	54	32
CIB Common Stock [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance	0	0
CIB Common Stock [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance	54	32
CIB Common Stock [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets, Beginning Balance	$ 0	$ 0

EMPLOYEE BENEFIT PLANS (Detai85

EMPLOYEE BENEFIT PLANS (Details 7) $ in Thousands	Dec. 31, 2015USD ($)
Defined Benefit Plan Disclosure [Line Items]
2,016	$ 75
2,017	128
2,018	138
2,019	52
2,020	100
2021-2025	312
Total	$ 805

EMPLOYEE BENEFIT PLANS (Detai86

EMPLOYEE BENEFIT PLANS (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Defined Benefit Plan Disclosure [Line Items]
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent	4.00%
Defined Contribution Plan, Employers Matching Contribution, Annual Vesting Percentage	100.00%
Defined Benefit Plan Percentage Of Vested Participants	100.00%
Defined Benefit Plans, Estimated Future Employer Contributions in Current Fiscal Year	$ 50,000
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net of Tax	513,000	$ 508,000
Supplemental Employee Retirement Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Pension and Other Postretirement Benefit Expense	3,467
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net of Tax	51,199
Defined Benefit Plan Expected Future Benefit Payments Per Year	$ 27,500
Defined Benefit Plan Expected Future Benefit Payments Period	10 years
Voluntary Employee Contributions [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent	4.00%	50.00%
Defined Contribution Plan, Employers Matching Contribution, Annual Vesting Percentage	50.00%
Pension and Other Postretirement Benefit Expense	$ 27,000	$ 0
Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Contribution Plan, Employer Matching Contribution, Percent of Match	50.00%
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent	2.00%
Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Contribution Plan, Employer Matching Contribution, Percent of Match	100.00%
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent	3.00%

REGULATORY MATTERS (Details)

REGULATORY MATTERS (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total capital to risk weighted assets Actual amount	$ 14,365	$ 11,779
Tier 1 capital to risk weighted assets Actual amount	12,768	10,113
Tier 1 capital to average assets Actual amount	12,768	$ 10,113
Common equity tier 1 capital to risk weighted assets Actual amount	$ 12,768
Total capital to risk weighted assets Actual Ratio	11.24%	8.80%
Tier 1 capital to risk weighted assets Actual Ratio	10.00%	7.60%
Tier 1 capital to average assets Actual Ratio	6.80%	5.00%
Common equity tier 1 capital to risk weighted assets Actual Ratio	10.00%
Total capital to risk weighted assets For Capital Adequacy Purposes Amount	$ 10,222	$ 10,663
Tier 1 capital to risk weighted assets For Capital Adequacy Purposes Amount	7,667	5,332
Tier 1 capital to average assets For Capital Adequacy Purposes Amount	7,541	$ 8,111
Common equity tier 1 capital to risk weighted assets For Capital Adequacy Purposes Amount	$ 5,750
Total capital to risk weighted assets For Capital Adequacy Purposes Ratio	8.00%	8.00%
Tier 1 capital to risk weighted assets For Capital Adequacy Purposes Ratio	6.00%	4.00%
Tier 1 capital to average assets For Capital Adequacy Purposes Ratio	4.00%	4.00%
Common equity tier 1 capital to risk weighted assets For Capital Adequacy Purposes Ratio	4.50%
Bank [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total capital to risk weighted assets Actual amount	$ 16,504	$ 17,560
Tier 1 capital to risk weighted assets Actual amount	14,905	15,893
Tier 1 capital to average assets Actual amount	14,905	$ 15,893
Common equity tier 1 capital to risk weighted assets Actual amount	$ 14,905
Total capital to risk weighted assets Actual Ratio	13.14%	13.40%
Tier 1 capital to risk weighted assets Actual Ratio	11.90%	12.10%
Tier 1 capital to average assets Actual Ratio	8.20%	8.10%
Common equity tier 1 capital to risk weighted assets Actual Ratio	11.90%
Total capital to risk weighted assets For Capital Adequacy Purposes Amount	$ 10,049	$ 10,491
Tier 1 capital to risk weighted assets For Capital Adequacy Purposes Amount	7,537	5,245
Tier 1 capital to average assets For Capital Adequacy Purposes Amount	7,243	$ 7,839
Common equity tier 1 capital to risk weighted assets For Capital Adequacy Purposes Amount	$ 5,652
Total capital to risk weighted assets For Capital Adequacy Purposes Ratio	8.00%	8.00%
Tier 1 capital to risk weighted assets For Capital Adequacy Purposes Ratio	6.00%	4.00%
Tier 1 capital to average assets For Capital Adequacy Purposes Ratio	4.00%	4.00%
Common equity tier 1 capital to risk weighted assets For Capital Adequacy Purposes Ratio	4.50%
Total capital to risk weighted assets, To Be Well Capitalized Under Current Regulatory Provisions Amount	$ 12,561	$ 13,114
Tier 1 capital to risk weighted assets, To Be Well Capitalized Under Current Regulatory Provisions Amount	10,049	7,868
Tier 1 capital to average assets To Be Well Capitalized Under Current Regulatory Provisions Amount	9,054	$ 9,798
Common equity tier 1 capital to risk weighted assets, To Be Well Capitalized Under Current Regulatory Provisions Amount	$ 8,165
Total capital to risk weighted assets To Be Well Capitalized Under Current Regulatory Provisions Ratio	10.00%	10.00%
Tier 1 capital to risk weighted assets To Be Well Capitalized Under Current Regulatory Provisions Ratio	8.00%	6.00%
Tier 1 capital to average assets To Be Well Capitalized Under Current Regulatory Provisions Ratio	5.00%	5.00%
Common equity tier 1 capital to risk weighted assets, To Be Well Capitalized Under Current Regulatory Provisions Ratio	6.50%

REGULATORY MATTERS (Details Tex

REGULATORY MATTERS (Details Textual)	Dec. 31, 2015	Dec. 31, 2014
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier One Leverage Capital Required for Capital Adequacy to Average Assets	4.00%	4.00%
Maximum [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier One Leverage Capital Required for Capital Adequacy to Average Assets	8.50%
Tangible Capital Required for Capital Adequacy to Tangible Assets	13.50%
Minimum [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier One Leverage Capital Required for Capital Adequacy to Average Assets	8.00%
Tangible Capital Required for Capital Adequacy to Tangible Assets	11.50%

FAIR VALUES OF FINANCIAL INST89

FAIR VALUES OF FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Total	$ 14,013	$ 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	1,005	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	13,008	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	1,005	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	1,005	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	6,535	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	6,535	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 and local governments [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Total	1,783	1,035
State and 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 and 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	1,783	1,035
State and 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	4,690	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	4,690	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 INST90

FAIR VALUES OF FINANCIAL INSTRUMENTS (Details 1) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 3,171	$ 11,277
Other real estate owned	238	1,068
Consumer mortgage [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	2,171	9,202
Commercial other [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	38	67
Residential Real Estate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	679	594
Consumer equity [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	154
Consumer auto [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	89	106
Residential [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	15	200
Commercial Real Estate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	223	868
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] | 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 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 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] | 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] | 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 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	2,977	10,123
Other real estate owned	238	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	2,171	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	38	67
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	679	594
Fair Value, Inputs, Level 3 [Member] | Consumer equity [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	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	89	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	15	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	$ 223	$ 868

FAIR VALUES OF FINANCIAL INST91

FAIR VALUES OF FINANCIAL INSTRUMENTS (Details 2) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2015		Dec. 31, 2014
Commercial Mortgage [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure		$ 2,171		$ 9,202
Fair Value Measurements, Valuation Techniques		Appraisal of Collateral		Appraisal of Collateral
Fair Value Measurements, Significant Assumptions		Appraisal Adjustment		Appraisal Adjustment
Fair Value Inputs, Comparability Adjustments Description		Up to 6%		Up to 9%
Fair Value Assumptions, Risk Free Interest Rate		6.90%		10.10%
Commercial other [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure		$ 38		$ 67
Fair Value Measurements, Valuation Techniques		Appraisal of Collateral		Appraisal of Collateral
Fair Value Measurements, Significant Assumptions		Appraisal Adjustment		Appraisal Adjustment
Fair Value Inputs, Comparability Adjustments Description		*	[1]	Up to 68%
Fair Value Assumptions, Risk Free Interest Rate		0.00%		214.90%
Residential Real Estate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure		$ 679		$ 594
Fair Value Measurements, Valuation Techniques		Appraisal of Collateral		Appraisal of Collateral
Fair Value Measurements, Significant Assumptions		Appraisal Adjustment		Appraisal Adjustment
Fair Value Inputs, Comparability Adjustments Description		Up to 6%		Up to 11%
Fair Value Assumptions, Risk Free Interest Rate		6.50%		12.00%
Consumer equity [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure				$ 154
Fair Value Measurements, Valuation Techniques				Appraisal of Collateral
Fair Value Measurements, Significant Assumptions				Appraisal Adjustment
Fair Value Inputs, Comparability Adjustments Description	[1]			*
Fair Value Assumptions, Risk Free Interest Rate				9.10%
Consumer auto [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure		$ 89		$ 106
Fair Value Measurements, Valuation Techniques		Appraisal of Collateral		Appraisal of Collateral
Fair Value Measurements, Significant Assumptions		Appraisal Adjustment		Appraisal Adjustment
Fair Value Inputs, Comparability Adjustments Description		*	[1]	Up to 8%
Fair Value Assumptions, Risk Free Interest Rate		0.00%		0.00%
Other Residential [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure		$ 15		$ 200
Fair Value Measurements, Valuation Techniques		Appraisal of Collateral		Appraisal of Collateral
Fair Value Measurements, Significant Assumptions		Appraisal Adjustment		Appraisal Adjustment
Fair Value Inputs, Comparability Adjustments Description	[1]	*		*
Fair Value Assumptions, Risk Free Interest Rate		0.00%
Other Commercial Real Estate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure		$ 223		$ 868
Fair Value Measurements, Valuation Techniques		Appraisal of Collateral		Appraisal of Collateral
Fair Value Measurements, Significant Assumptions		Appraisal Adjustment		Appraisal Adjustment
Fair Value Inputs, Comparability Adjustments Description		Up to 45%		Up to 5%
Fair Value Assumptions, Risk Free Interest Rate		0.00%
[1]	There are no related allowances for these classifications

FAIR VALUES OF FINANCIAL INST92

FAIR VALUES OF FINANCIAL INSTRUMENTS (Details 3) - USD ($) $ in Thousands	Dec. 31, 2015	Feb. 09, 2015	Dec. 31, 2014	Dec. 31, 2013
Financial assets, Carrying Amount:
Cash and cash equivalents	$ 9,371		$ 16,633	$ 15,004
Securities available for sale	14,013		31,164
Other investment securities	859		859
Loans, net	147,153		142,557
Accrued interest receivable	285		348
Bank owned life insurance	3,320		281
Financial liabilities, Carrying Amount:
Noninterest-bearing deposits	26,116		23,153
Interest-bearing deposits	136,209		154,814
Borrowed funds	2,569	$ 5,000	6,147
Accrued interest payable	759		1,492
Financial assets, Fair Value:
Cash and cash equivalents	9,371		16,633
Securities available for sale	14,013		31,164
Other investment securities	859		859
Loans, net	149,355		145,895
Accrued interest receivable	285		348
Bank owned life insurance	3,320		281
Financial liabilities, Fair Value:
Noninterest-bearing deposits	26,116		23,153
Interest-bearing deposits	137,174		155,735
Borrowed funds	2,569		6,147
Accrued interest payable	759		1,492
Fair Value, Inputs, Level 1 [Member]
Financial assets, Carrying Amount:
Securities available for sale	1,005		5,067
Financial assets, Fair Value:
Cash and cash equivalents	0		0
Securities available for sale	1,005		5,067
Other investment securities	0		0
Loans, net	0		0
Accrued interest receivable	0		0
Bank owned life insurance	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	13,008		26,097
Financial assets, Fair Value:
Cash and cash equivalents	9,371		16,633
Securities available for sale	13,008		26,097
Other investment securities	0		0
Loans, net	0		0
Accrued interest receivable	0		0
Bank owned life insurance	3,320		281
Financial liabilities, Fair Value:
Noninterest-bearing deposits	26,116		23,153
Interest-bearing deposits	137,174		155,735
Borrowed funds	2,569		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	149,355		145,895
Accrued interest receivable	285		348
Bank owned life insurance	0		0
Financial liabilities, Fair Value:
Noninterest-bearing deposits	0		0
Interest-bearing deposits	0		0
Borrowed funds	0		0
Accrued interest payable	$ 759		$ 1,492

PARENT COMPANY FINANCIAL STAT93

PARENT COMPANY FINANCIAL STATEMENTS (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Assets
Other assets	$ 8,899	$ 6,144
Total assets	183,795	201,823
Total Liabilities	166,436	186,986
Total shareholders' equity	17,359	14,837	$ 5,626
Total liabilities and equity	183,795	201,823
Parent Company [Member]
Assets
Cash	346	921
Investment in subsidiary	17,411	17,967
Other assets	2,179	2,098
Total assets	19,936	20,986
Total Liabilities	2,577	6,149
Total shareholders' equity	17,359	14,837
Total liabilities and equity	$ 19,936	$ 20,986

PARENT COMPANY FINANCIAL STAT94

PARENT COMPANY FINANCIAL STATEMENTS (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
INTEREST INCOME
Other	$ 291	$ 272
Interest and Fee Income, Loans and Leases, Total	7,764	7,689
Expenses
Other	543	409
Income (loss) before income taxes and equity in undistributed earnings of subsidiary	886	979
Income tax expense (benefit)	232	(5,099)
Net income (loss)	654	6,078
Comprehensive income (loss)	602	6,034
Parent Company [Member]
INTEREST INCOME
Dividends from subsidiaries	1,300	0
Other	308	(333)
Interest and Fee Income, Loans and Leases, Total	1,608	(333)
Expenses
Other	(523)	(683)
Income (loss) before income taxes and equity in undistributed earnings of subsidiary	1,085	(1,016)
Income tax expense (benefit)	(73)	(2,098)
Equity in undistributed earnings (loss) of subsidiary	(504)	4,996
Net income (loss)	654	6,078
Other comprehensive income (loss)	(52)	(44)
Comprehensive income (loss)	$ 602	$ 6,034

PARENT COMPANY FINANCIAL STAT95

PARENT COMPANY FINANCIAL STATEMENTS (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash flows from Operating Activities
Net income (loss)	$ 654	$ 6,078
Adjustment to reconcile net income to net cash provided by operating activities
Deferred income tax	232	(5,099)
Cash flows from financing activities
Payments on loan payable	(2,921)	(216)
Issuance of common stock		3,200
Net increase (decrease) in cash and cash equivalents	(7,262)	1,629
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	16,633	15,004
CASH AND CASH EQUIVALENTS AT END OF YEAR	9,371	16,633
Parent Company [Member]
Cash flows from Operating Activities
Net income (loss)	654	6,078
Adjustment to reconcile net income to net cash provided by operating activities
Equity in undistributed (earnings) loss of subsidiaries	504	(4,996)
Deferred income tax	(73)	(2,098)
Change in other assets and other liabilities	(2)	29
Net cash provided by (used in) operating activities	1,083	(987)
Cash flows from investing activities
Proceeds from the sale of other real estate owned	0	362
Capital contribution from (to) subsidiary	0	(1,467)
Net change from investing activities	0	(1,105)
Cash flows from financing activities
Payments on loan payable	(2,921)	(215)
Issuance of common stock	1,263	3,177
Net change from financing activities	(1,658)	2,962
Net increase (decrease) in cash and cash equivalents	(575)	870
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	921	51
CASH AND CASH EQUIVALENTS AT END OF YEAR	$ 346	$ 921

STOCK SUBSCRIPTION (Details Tex

STOCK SUBSCRIPTION (Details Textual) - shares	1 Months Ended		12 Months Ended
	Mar. 18, 2016	Jun. 25, 2014	Dec. 31, 2015	Dec. 31, 2014
Stock Subscriptions Disclosures [Line Items]
Number Of Warrants Issued During Period		119,003
Common Stock [Member]
Stock Subscriptions Disclosures [Line Items]
Stock Issued During Period, Shares, New Issues			33,175	238,057
Subsequent Event [Member]
Stock Subscriptions Disclosures [Line Items]
Stock Issued During Period, Shares, New Issues	53,154
Number Of Warrants Exercised During Period	53,154