AmeriServ Financial (ASRV) 10-K 3 Mar 17 2016 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2016	Jan. 31, 2017	Jun. 30, 2016
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Entity Registrant Name	AMERISERV FINANCIAL INC /PA/
Entity Central Index Key	707,605
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 57,068,566
Trading Symbol	ASRV
Entity Common Stock, Shares Outstanding		18,903,472

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Dec. 31, 2016	Dec. 31, 2015
ASSETS
Cash and due from depository institutions		$ 25,107	$ 23,443
Interest bearing deposits		3,066	6,960
Short-term investments in money market funds		5,900	18,107
Cash and cash equivalents		34,073	48,510
Investment securities:
Available for sale		127,077	119,467
Held to maturity (fair value $30,420 at December 31, 2016 and $21,533 at December 31, 2015)		30,665	21,419
Loans held for sale		3,094	3,003
Loans		884,240	881,541
Less: Unearned income		476	557
Allowance for loan losses		9,932	9,921
Net loans		873,832	871,063
Premises and equipment, net		11,694	12,108
Accrued interest income receivable		3,116	3,057
Goodwill		11,944	11,944
Bank owned life insurance		37,903	37,228
Net deferred tax asset		10,655	8,993
Federal Home Loan Bank stock		3,359	4,628
Federal Reserve Bank stock		2,125	2,125
Other assets		4,243	4,952
TOTAL ASSETS		1,153,780	1,148,497
LIABILITIES
Non-interest bearing deposits		188,808	188,947
Interest bearing deposits		778,978	714,347
Total deposits		967,786	903,294
Short-term borrowings		12,754	48,748
Advances from Federal Home Loan Bank		45,542	48,000
Guaranteed junior subordinated deferrable interest debentures		12,908	12,892
Subordinated debt		7,441	7,418
Total borrowed funds		78,645	117,058
Other liabilities		11,954	9,172
TOTAL LIABILITIES		1,058,385	1,029,524
STOCKHOLDERS' EQUITY
Preferred stock, no par value; $1,000 per share liquidation preference; 2,000,000 shares authorized; there were 21,000 shares issued and outstanding on December 31, 2015		0	21,000
Common stock, par value $0.01 per share; 30,000,000 shares authorized: 26,521,291 shares issued and 18,903,472 shares outstanding on December 31, 2016; 26,488,630 shares issued and 18,870,811 shares outstanding on December 31, 2015		265	265
Treasury stock at cost, 7,617,819 shares on December 31, 2016 and 2015		(74,829)	(74,829)
Capital surplus		145,535	145,441
Retained earnings		36,001	34,651
Accumulated other comprehensive loss, net	[1]	(11,577)	(7,555)
TOTAL STOCKHOLDERS' EQUITY		95,395	118,973
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY		$ 1,153,780	$ 1,148,497
[1]	Amounts in parentheses indicate debits on the Consolidated Balance Sheets.

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Held to maturity securities, fair value	$ 30,420	$ 21,533
Preferred stock, par value		$ 0
Preferred stock, liquidation preference per share		$ 1,000
Preferred stock, shares authorized		2,000,000
Preferred stock, shares issued		21,000
Preferred stock, shares outstanding		21,000
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	30,000,000	30,000,000
Common stock, shares issued	26,521,291	26,488,630
Common stock, shares outstanding	18,903,472	18,870,811
Treasury stock, shares	7,617,819	7,617,819

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Interest and fees on loans:
Taxable	$ 37,786	$ 37,923	$ 36,285
Tax exempt	75	72	57
Interest bearing deposits	13	8	5
Short-term investments in money market funds	84	14	7
Investment securities:
Available for sale	3,132	3,250	3,528
Held to maturity	779	614	559
Total Interest Income	41,869	41,881	40,441
INTEREST EXPENSE
Deposits	5,400	4,752	4,889
Short-term borrowings	52	86	55
Advances from Federal Home Loan Bank	644	558	333
Guaranteed junior subordinated deferrable interest debentures	1,120	1,120	1,120
Subordinated debt	519	4	0
Total Interest Expense	7,735	6,520	6,397
Net Interest Income	34,134	35,361	34,044
Provision for loan losses	3,950	1,250	375
Net Interest Income after Provision for Loan Losses	30,184	34,111	33,669
NON-INTEREST INCOME
Trust and investment advisory fees	8,333	8,344	7,765
Service charges on deposit accounts	1,674	1,750	1,957
Net gains on loans held for sale	884	767	748
Mortgage related fees	367	391	590
Net realized gains on investment securities	177	71	177
Bank owned life insurance	675	1,617	748
Other income	2,528	2,327	2,338
Total Non-Interest Income	14,638	15,267	14,323
NON-INTEREST EXPENSE
Salaries and employee benefits	24,034	24,042	24,960
Net occupancy expense	2,782	2,941	2,964
Equipment expense	1,688	1,773	1,892
Professional fees	5,280	5,003	5,409
Supplies, postage, and freight	705	726	761
Miscellaneous taxes and insurance	1,146	1,157	1,174
Federal deposit insurance expense	709	669	636
Goodwill impairment charge	0	0	669
Other expense	5,271	4,727	4,906
Total Non-Interest Expense	41,615	41,038	43,371
PRETAX INCOME	3,207	8,340	4,621
Provision for income taxes	897	2,343	1,598
NET INCOME	2,310	5,997	3,023
Preferred stock dividends	15	210	210
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS	$ 2,295	$ 5,787	$ 2,813
Basic:
Net income	$ 0.12	$ 0.31	$ 0.15
Average number of shares outstanding	18,896	18,863	18,793
Diluted:
Net income	$ 0.12	$ 0.31	$ 0.15
Average number of shares outstanding	18,955	18,933	18,908
Cash dividends declared	$ 0.05	$ 0.04	$ 0.04

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016		Dec. 31, 2015		Dec. 31, 2014
COMPREHENSIVE INCOME (LOSS)
Net income	$ 2,310		$ 5,997		$ 3,023
Other comprehensive loss, before tax:
Pension obligation change for defined benefit plan	(4,612)		579		(2,769)
Income tax effect	1,569		(197)		942
Unrealized holding gains (losses) on available for sale securities arising during period	(1,305)		(1,498)		1,391
Income tax effect	443		509		(474)
Reclassification adjustment for net realized gains on available for sale securities included in net income	(177)	[1]	(71)	[1]	(177)
Income tax effect	60	[1]	25	[1]	60
Other comprehensive loss	(4,022)	[2]	(653)	[2]	(1,027)
Comprehensive income (loss)	$ (1,712)		$ 5,344		$ 1,996
[1]	Amounts in parentheses indicate credits.
[2]	Amounts in parentheses indicate debits on the Consolidated Balance Sheets.

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total		Preferred Stock [Member]	Common Stock [Member]	Treasury Stock [Member]	Capital Surplus [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Loss, Net [Member]
Balance at Dec. 31, 2013			$ 21,000	$ 264	$ (74,829)	$ 145,190	$ 27,557	$ (5,875)
Redemption of all preferred shares outstanding			0
New common shares issued				0		24
Stock option expense						42
Net income	$ 3,023						3,023
Cash dividend declared on common stock							(752)
Cash dividend declared on preferred stock							(210)
Other comprehensive loss	(1,027)							(1,027)
Balance at Dec. 31, 2014	114,407		21,000	264	(74,829)	145,256	29,618	(6,902)
Redemption of all preferred shares outstanding			0
New common shares issued				1		156
Stock option expense						29
Net income	5,997						5,997
Cash dividend declared on common stock							(754)
Cash dividend declared on preferred stock							(210)
Other comprehensive loss	(653)	[1]						(653)
Balance at Dec. 31, 2015	118,973		21,000	265	(74,829)	145,441	34,651	(7,555)
Redemption of all preferred shares outstanding			(21,000)
New common shares issued				0		74
Stock option expense						20
Net income	2,310						2,310
Cash dividend declared on common stock							(945)
Cash dividend declared on preferred stock							(15)
Other comprehensive loss	(4,022)	[1]						(4,022)
Balance at Dec. 31, 2016	$ 95,395		$ 0	$ 265	$ (74,829)	$ 145,535	$ 36,001	$ (11,577)
[1]	Amounts in parentheses indicate debits on the Consolidated Balance Sheets.

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
OPERATING ACTIVITIES
Net income	$ 2,310	$ 5,997	$ 3,023
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	3,950	1,250	375
Depreciation and amortization expense	1,803	1,790	1,836
Net amortization of investment securities	488	342	385
Net realized gains on investment securities - available for sale	(177)	(71)	(177)
Net gains on loans held for sale	(884)	(767)	(748)
Amortization of deferred loan fees	(231)	(249)	(262)
Origination of mortgage loans held for sale	(59,252)	(51,759)	(51,481)
Sales of mortgage loans held for sale	60,045	54,574	50,580
Decrease (increase) in accrued interest receivable	(59)	70	(219)
Decrease in accrued interest payable	(11)	(55)	(78)
Earnings on bank-owned life insurance	(675)	(690)	(748)
Deferred income taxes	414	888	562
Stock compensation expense	94	186	66
Goodwill impairment charge	0	0	669
Amortization of long term debt issuance costs	39	0	0
Other, net	(1,186)	(1,674)	1,179
Net cash provided by operating activities	6,668	9,832	4,962
INVESTING ACTIVITIES
Purchase of investment securities - available for sale	(42,844)	(22,241)	(12,218)
Purchase of investment securities - held to maturity	(12,038)	(6,237)	(3,093)
Proceeds from maturities of investment securities - available for sale	24,574	24,532	22,900
Proceeds from maturities of investment securities - held to maturity	2,693	4,601	1,390
Proceeds from sales of investment securities - available for sale	8,966	3,570	5,242
Purchase of regulatory stock	(10,911)	(19,320)	(9,817)
Proceeds from redemption of regulatory stock	12,180	18,740	10,446
Long-term loans originated	(196,998)	(246,304)	(177,351)
Principal collected on long-term loans	189,505	183,380	130,476
Participations purchased	(17,192)	(15,019)	(5,347)
Participations sold	18,900	23,774	10,810
Net increase in other short-term loans	(875)	(627)	(3,558)
Purchases of premises and equipment	(1,380)	(881)	(1,720)
Proceeds from sale of other real estate owned	235	579	946
Proceeds from life insurance policies	0	1,598	0
Net cash used in investing activities	(25,185)	(49,855)	(30,894)
FINANCING ACTIVITIES
Net increase in deposit balances	64,492	33,339	15,375
Net increase (decrease) in other short-term borrowings	(35,994)	9,868	(2,675)
Principal borrowings on advances from Federal Home Loan Bank	9,542	10,000	17,000
Principal repayments on advances from Federal Home Loan Bank	(12,000)	(4,000)	0
Subordinated debt issuance, net	0	7,418	0
Preferred stock redemption	(21,000)	0	0
Preferred stock dividend paid	(15)	(210)	(210)
Common stock dividend paid	(945)	(754)	(752)
Net cash provided by financing activities	4,080	55,661	28,738
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(14,437)	15,638	2,806
CASH AND CASH EQUIVALENTS AT JANUARY 1	48,510	32,872	30,066
CASH AND CASH EQUIVALENTS AT DECEMBER 31	$ 34,073	$ 48,510	$ 32,872

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES BUSINESS AND NATURE OF OPERATIONS: AmeriServ Financial, Inc. (the Company) is a bank holding company, headquartered in Johnstown, Pennsylvania. Through its banking subsidiary the Company operates 16 banking locations in five southwestern Pennsylvania counties. These branches provide a full range of consumer, mortgage, and commercial financial products. The AmeriServ Trust and Financial Services Company (Trust Company) offers a complete range of trust and financial services and administers assets valued at approximately $2.0 billion that are not recognized on the Company’s Consolidated Balance Sheet at December 31, 2016. PRINCIPLES OF CONSOLIDATION: The consolidated financial statements include the accounts of AmeriServ Financial, Inc. and its wholly-owned subsidiaries, AmeriServ Financial Bank (the Bank), Trust Company, and AmeriServ Life Insurance Company (AmeriServ Life). The Bank is a state-chartered full service bank with 16 locations in Pennsylvania. AmeriServ Life is a captive insurance company that engages in underwriting as a reinsurer of credit life and disability insurance. Intercompany accounts and transactions have been eliminated in preparing the Consolidated Financial Statements. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (generally accepted accounting principles, or GAAP) requires management to make estimates and assumptions that affect the amounts reported in the Consolidated Financial Statements and accompanying notes. Actual results may differ from these estimates and the differences may be material to the Consolidated Financial Statements. The Company’s most significant estimates relate to the allowance for loan losses, goodwill, income taxes, investment securities, pension, and the fair value of financial instruments. INVESTMENT SECURITIES: Securities are classified at the time of purchase as investment securities held to maturity if it is management’s intent and the Company has the ability to hold the securities until maturity. These held to maturity securities are carried on the Company’s books at cost, adjusted for amortization of premium and accretion of discount which is computed using the level yield method which approximates the effective interest method. Alternatively, securities are classified as available for sale if it is management’s intent at the time of purchase to hold the securities for an indefinite period of time and/or to use the securities as part of the Company’s asset/liability management strategy. Securities classified as available for sale include securities which may be sold to effectively manage interest rate risk exposure, prepayment risk, and other factors (such as liquidity requirements). These available for sale securities are reported at fair value with unrealized aggregate appreciation/depreciation excluded from income and credited/charged to accumulated other comprehensive income/loss within stockholders’ equity on a net of tax basis. Any securities classified as trading assets are reported at fair value with unrealized aggregate appreciation/depreciation included in income on a net of tax basis. The Company does not engage in trading activity. Realized gains or losses on securities sold are computed upon the adjusted cost of the specific securities sold. Available-for-sale and held-to-maturity securities are reviewed quarterly for possible other-than-temporary impairment. The review includes an analysis of the facts and circumstances of each individual investment such as the severity of loss, the length of time the fair value has been below cost, the expectation for that security’s performance, the creditworthiness of the issuer and the Company’s intent and ability to hold the security to recovery. The Company believes the unrealized losses are primarily a result of increases in market yields from the time of purchase. In general, as market yields rise, the value of securities will decrease; as market yields fall, the fair value of securities will increase. Management generally views changes in fair value caused by changes in interest rates as temporary; therefore, these securities have not been classified as other-than-temporarily impaired. Management has also concluded that based on current information we expect to continue to receive scheduled interest payments as well as the entire principal balance. Furthermore, management does not intend to sell these securities and does not believe it will be required to sell these securities before they recover in value. FEDERAL HOME LOAN BANK STOCK: The Bank is a member of the Federal Home Loan Bank of Pittsburgh (FHLB) and as such, is required to maintain a minimum investment in stock of the FHLB that varies with the level of advances outstanding with the FHLB. The stock is bought from and sold to the FHLB based upon its $100 par value. The stock does not have a readily determinable fair value and as such is classified as restricted stock, carried at cost and evaluated for by management. The stock’s value is determined by the ultimate recoverability of the par value rather than by recognizing temporary declines. The determination of whether the par value will ultimately be recovered is influenced by criteria such as the following: (a) The significance of the decline in net assets of the FHLB as compared to the capital stock amount and the length of time any such situation has persisted (b) Commitments by the FHLB to make payments required by law or regulation and the level of such payments in relation to the operating performance (c) The impact of legislative and regulatory changes on the customer base of FHLB and (d) The liquidity position of the FHLB. Management evaluated the stock and concluded that the stock was not impaired for the periods presented herein. LOANS: Interest income is recognized using the level yield method related to principal amounts outstanding. The Company discontinues the accrual of interest income when loans become 90 days past due in either principal or interest. In addition, if circumstances warrant, the accrual of interest may be discontinued prior to 90 days. Payments received on non-accrual loans are credited to principal until full recovery of principal has been recognized; or the loan has been returned to accrual status. The only exception to this policy is for residential mortgage loans wherein interest income is recognized on a cash basis as payments are received. A non-accrual commercial loan is placed on accrual status after becoming current and remaining current for twelve consecutive payments. Residential mortgage loans are placed on accrual status upon becoming current. LOAN FEES: Loan origination and commitment fees, net of associated direct costs, are deferred and amortized into interest and fees on loans over the loan or commitment period. Fee amortization is determined by the effective interest method. LOANS HELD FOR SALE: Certain newly originated fixed-rate residential mortgage loans are classified as held for sale, because it is management’s intent to sell these residential mortgage loans. The residential mortgage loans held for sale are carried at the lower of aggregate cost or market value. TRANSFERS OF FINANCIAL ASSETS: Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company; (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets; and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity. PREMISES AND EQUIPMENT: Premises and equipment are stated at cost less accumulated depreciation and amortization. Land is carried at cost. Depreciation is charged to operations over the estimated useful lives of the premises and equipment using the straight-line method with a half-year convention. Useful lives of up to 30 years for buildings and up to 10 years for equipment are utilized. Leasehold improvements are amortized using the straight-line method over the terms of the respective leases or useful lives of the improvements, whichever is shorter. Maintenance, repairs, and minor alterations are charged to current operations as expenditures are incurred. ALLOWANCE FOR LOAN LOSSES AND CHARGE-OFF PROCEDURES: As a financial institution, which assumes lending and credit risks as a principal element of its business, the Company anticipates that credit losses will be experienced in the normal course of business. Accordingly, the Company consistently applies a comprehensive methodology and procedural discipline to perform an analysis which is updated on a quarterly basis at the Bank level to determine both the adequacy of the allowance for loan losses and the necessary provision for loan losses to be charged against earnings. This methodology includes: — Review of all criticized, classified and impaired loans with aggregate balances over $250,000 to determine if any specific reserve allocations are required on an individual loan basis. All required specific reserve allocations are based on careful analysis of the loan’s performance, the related collateral value, cash flow considerations and the financial capability of any guarantor. All loans classified as doubtful or worse are specifically reserved. For impaired loans the measurement of impairment may be based upon: 1) the present value of expected future cash flows discounted at the loan’s effective interest rate; 2) the observable market price of the impaired loan; or 3) the fair value of the collateral of a collateral dependent loan. — The application of formula driven reserve allocations for all commercial and commercial real-estate loans by using a three-year migration analysis of net losses incurred within each risk grade for the entire commercial loan portfolio. The difference between estimated and actual losses is reconciled through the nature of the migration analysis. — The application of formula driven reserve allocations to consumer and residential mortgage loans which are based upon historical net charge-off experience for those loan types. The residential mortgage loan and consumer loan allocations are based upon the Company’s three-year historical average of actual loan net charge-offs experienced in each of those categories. — The application of formula driven reserve allocations to all outstanding loans is based upon review of historical losses and qualitative factors, which include but are not limited to, economic trends, delinquencies, levels of non-accrual and TDR loans, concentrations of credit, trends in loan volume, experience and depth of management, examination and audit results, effects of any changes in lending policies and trends in policy, financial information and documentation exceptions. — Management recognizes that there may be events or economic factors that have occurred affecting specific borrowers or segments of borrowers that may not yet be fully reflected in the information that the Company uses for arriving at reserves for a specific loan or portfolio segment. Therefore, the Company believes that there is estimation risk associated with the use of specific and formula driven allowances. After completion of this process, a formal meeting of the Loan Loss Reserve Committee is held to evaluate the adequacy of the reserve. When it is determined that the prospects for recovery of the principal of a loan have significantly diminished, the loan is charged against the allowance account; subsequent recoveries, if any, are credited to the allowance account. In addition, non-accrual and large delinquent loans are reviewed monthly to determine potential losses. The Company’s policy is to individually review, as circumstances warrant, its commercial and commercial mortgage loans to determine if a loan is impaired. At a minimum, credit reviews are mandatory for all commercial and commercial mortgage loan relationships with aggregate balances in excess of $250,000 within a 12-month period. The Company defines classified loans as those loans rated substandard or doubtful. The Company has also identified three pools of small dollar value homogeneous loans which are evaluated collectively for impairment. These separate pools are for small business relationships with aggregate balances of $250,000 or less, residential mortgage loans and consumer loans. Individual loans within these pools are reviewed and evaluated for specific impairment if factors such as significant delinquency in payments of 90 days or more, bankruptcy, or other negative economic concerns indicate impairment. ALLOWANCE FOR UNFUNDED LOAN COMMITMENTS AND LETTERS OF CREDIT: The allowance for unfunded loan commitments and letters of credit is maintained at a level believed by management to be sufficient to absorb estimated losses related to these unfunded credit facilities. The determination of the adequacy of the allowance is based on periodic evaluations of the unfunded credit facilities including an assessment of the probability of commitment usage, credit risk factors for loans outstanding to these same customers and the terms and expiration dates of the unfunded credit facilities. Net adjustments to the allowance for unfunded loan commitments and letters of credit are provided for in the unfunded commitment reserve expense line item within other expense in the Consolidated Statements of Operations and a separate reserve is recorded within the other liabilities section of the Consolidated Balance Sheets. TRUST FEES: Trust fees are recorded on the cash basis which approximates the accrual basis for such income. BANK-OWNED LIFE INSURANCE: The Company has purchased life insurance policies on certain employees. These policies are recorded on the Consolidated Balance Sheets at their cash surrender value, or the amount that can be realized. Income from these policies and changes in the cash surrender value are recorded in bank owned life insurance within non-interest income. INTANGIBLE ASSETS: Goodwill arising from business combinations represents the value attributable to unidentifiable intangible elements in the business acquired. The Company accounts for goodwill using a two-step process for testing the impairment of goodwill on at least an annual basis. This approach could cause more volatility in the Company’s reported net income because impairment losses, if any, could occur irregularly and in varying amounts. EARNINGS PER COMMON SHARE: Basic earnings per share include only the weighted average common shares outstanding. Diluted earnings per share include the weighted average common shares outstanding and any potentially dilutive common stock equivalent shares in the calculation. Treasury shares are treated as retired for earnings per share purposes. Options to purchase 51,273, 58,788, and 3,625 shares of common stock were outstanding during 2016, 2015 and 2014, respectively, but were not included in the computation of diluted earnings per common share because to do so would be anti-dilutive. Exercise prices of anti-dilutive options to purchase common stock outstanding were $3.23-$4.60, $3.23-$4.70, and $4.60-$5.22 during 2016, 2015 and 2014, respectively. Dividends on preferred shares are deducted from net income in the calculation of earnings per common share. YEAR ENDED DECEMBER 31, 2016 2015 2014 (IN THOUSANDS, EXCEPT PER SHARE DATA) Numerator: Net income $ 2,310 $ 5,997 $ 3,023 Preferred stock dividends 15 210 210 Net income available to common shareholders $ 2,295 $ 5,787 $ 2,813 Denominator: Weighted average common shares outstanding (basic) 18,896 18,863 18,793 Effect of stock options 59 70 115 Weighted average common shares outstanding (diluted) 18,955 18,933 18,908 Earnings per common share: Basic $ 0.12 $ 0.31 $ 0.15 Diluted 0.12 0.31 0.15 STOCK-BASED COMPENSATION: The Company uses the modified prospective method for accounting of stock-based compensation. The Company recognized $20,000, $29,000 and $42,000 of pretax compensation expense for the years 2016, 2015 and 2014. The fair value of each option grant is estimated on the grant date using the Black-Scholes option pricing model. See Note 18 for details on the assumptions used. ACCUMULATED OTHER COMPREHENSIVE LOSS: The Company presents the components of other comprehensive income (loss) in the Consolidated Statements of Comprehensive Income. These components are comprised of the change in the defined benefit pension obligation and the unrealized holding gains (losses) on available for sale securities, net of any reclassification adjustments for realized gains and losses. CONSOLIDATED STATEMENT OF CASH FLOWS: On a consolidated basis, cash and cash equivalents include cash and due from depository institutions, interest bearing deposits, and short-term investments in money market funds. The Company made $375,000 in income tax payments in 2016; $1,554,000 in 2015; and $1,063,000 in 2014. The Company had non-cash transfers to other real estate owned (OREO) in the amounts of $172,000 in 2016; $189,000 in 2015; and $660,000 in 2014. The Company made total interest payments of $7,746,000 in 2016; $6,575,000 in 2015; and $6,475,000 in 2014. INCOME TAXES: Deferred tax assets or liabilities are computed based on the difference between the financial statement and income tax basis of assets and liabilities using the enacted marginal tax rate. Deferred income tax expenses or credits are based on the changes in the corresponding asset or liability from period to period. Deferred tax assets are reduced, if necessary, by the amounts of such benefits that are not expected to be realized based upon available evidence. INTEREST RATE CONTRACTS: The Company recognizes all derivatives as either assets or liabilities on the Consolidated Balance Sheets and measures those instruments at fair value. For derivatives designated as fair value hedges, changes in the fair value of the derivative and hedged item related to the hedged risk are recognized in earnings. Changes in fair value of derivatives designated and accounted as cash flow hedges, to the extent they are effective as hedges, are recorded in “Other Comprehensive Income,” net of deferred taxes and are subsequently reclassified to earnings when the hedged transaction affects earnings. Any hedge ineffectiveness would be recognized in the income statement line item pertaining to the hedged item. The Company periodically enters into derivative instruments to meet the financing, interest rate and equity risk management needs of its customers. Upon entering into these instruments to meet customer needs, the Company enters into offsetting positions to minimize interest rate and equity risk to the Company. These derivative financial instruments are reported at fair value with any resulting gain or loss recorded in current period earnings. These instruments and their offsetting positions are recorded in other assets and other liabilities on the Consolidated Balance Sheets. PENSION: Pension costs and liabilities are dependent on assumptions used in calculating such amounts. These assumptions include discount rates, benefits earned, interest costs, expected return on plan assets, mortality rates, and other factors. In accordance with GAAP, actual results that differ from the assumptions are accumulated and amortized over future periods and, therefore, generally affect recognized expense and the recorded obligation of future periods. While management believes that the assumptions used are appropriate, differences in actual experience or changes in assumptions may affect the Company’s pension obligations and future expense. In conjunction with the annual measurement of the funded status of Company’s pension plan at December 31, 2016, management elected to change the manner in which the service cost and interest cost components of net periodic benefit cost will be determined in 2017 and beyond. Previously, the service cost and interest cost components were determined by multiplying the single equivalent rate described above and the aggregate discounted cash flows of the plan’s service cost and projected benefit obligations. Under the new methodology, the service cost component will be determined by aggregating the product of the discounted cash flows of the plan’s service cost for each year and an individual spot rate (referred to as the “spot rate” approach). The interest cost component will be determined by aggregating the product of the discounted cash flows of the plan’s projected benefit obligations for each year and an individual spot rate. This change will result in a lower service cost and interest cost components of net periodic benefit cost under the new methodology compared to the previous methodology. Management believes this new methodology, which represents a change in an accounting estimate, is a better measure of the service cost and interest cost as each year’s cash flows are specifically linked to the interest rates of bond payments in the same respective year. Our pension benefits are described further in Note 14 of the Notes to Consolidated Financial Statements. FAIR VALUE OF FINANCIAL INSTRUMENTS: We group our assets at fair value in three levels, based on the markets in which the assets are traded and the reliability of the assumptions used to determine fair value. These levels are: Level I — Valuation is based upon quoted prices for identical instruments traded in active markets. Level II — Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market. Level III — Valuation is generated from model-based techniques that use significant assumptions not observable in the market. These unobservable assumptions reflect the Company’s own estimates of assumptions that market participants would use in pricing the asset. We base our fair values on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. It is our policy to maximize the use of observable inputs and minimize the use of unobservable inputs when developing fair value measurements, in accordance with the fair value hierarchy in generally accepted accounting principles. Fair value measurements for most of our assets are obtained from independent pricing services that we have engaged for this purpose. When available, we, or our independent pricing service, use quoted market prices to measure fair value. If market prices are not available, fair value measurement is based upon models that incorporate available trade, bid, and other market information. Subsequently, all of our financial instruments use either of the foregoing methodologies to determine fair value adjustments recorded to our financial statements. In certain cases, however, when market observable inputs for model-based valuation techniques may not be readily available, we are required to make judgments about assumptions market participants would use in estimating the fair value of financial instruments. The degree of management judgment involved in determining the fair value of a financial instrument is dependent upon the availability of quoted market prices or observable market parameters. For financial instruments that trade actively and have quoted market prices or observable market parameters, there is minimal subjectivity involved in measuring fair value. When observable market prices and parameters are not fully available, management judgment is necessary to estimate fair value. In addition, changes in the market conditions may reduce the availability of quoted prices or observable data. When market data is not available, we use valuation techniques requiring more management judgment to estimate the appropriate fair value measurement. Therefore, the results cannot be determined with precision and may not be realized in an actual sale or immediate settlement of the asset. Additionally, there may be inherent weaknesses in any calculation technique, and changes in the underlying assumptions used, including discount rates and estimates of future cash flows, that could significantly affect the results of current or future valuations. RECENT ACCOUNTING STANDARDS: In January 2016, the FASB issued ASU 2016-01, Financial Instruments — Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) In March 2016, the FASB issued ASU 2016-05, Derivatives and Hedging (Topic 815) . In June 2016, the FASB issued ASU 2016-13, Financial Instruments — Credit Losses: Measurement of Credit Losses on Financial Instruments In January 2017, the FASB issued ASU No. 2017-03 “Accounting Changes and Error Corrections (Topic 250) and Investments — Equity Method and Joint Ventures (Topic 323): Amendments to SEC Paragraphs Pursuant to Staff Announcements at the September 22, 2016 and November 17, 2016 EITF Meetings.” ASU 2017-03 provides amendments that add paragraph 250-10-S99-6 which includes the text of “SEC Staff Announcement: Disclosure of the Impact That Recently Issued Accounting Standards Will Have on the Financial Statements of a Registrant When Such Standards Are Adopted in a Future Period (in accordance with Staff Accounting Bulletin (SAB) Topic 11.M). This announcement applies to ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606); ASU No. 2016-02, Leases (Topic 842); and ASU 2016-03, Financial Instruments — Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, and subsequent amendments. The Company has enhanced its disclosures regarding the impact that recently issued accounting standards adopted in a future period will have on its accounting and disclosures in this footnote.

CASH AND DUE FROM DEPOSITORY IN

CASH AND DUE FROM DEPOSITORY INSTITUTIONS	12 Months Ended
	Dec. 31, 2016
Cash and Cash Equivalents [Abstract]
Cash and Cash Equivalents Disclosure [Text Block]	2. CASH AND DUE FROM DEPOSITORY INSTITUTIONS Included in “Cash and due from depository institutions” are required federal reserves of $6,000 for December 31, 2016 and $2,000 for December 31, 2015, respectively, for facilitating the implementation of monetary policy by the Federal Reserve System. The required reserves are computed by applying prescribed ratios to the classes of average deposit balances. These are held in the form of vault cash and a depository amount held with the Federal Reserve Bank.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	12 Months Ended
	Dec. 31, 2016
Investment Securities [Abstract]
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	3. INVESTMENT SECURITIES The cost basis and fair values of investment securities are summarized as follows: Investment securities available for sale: AT DECEMBER 31, 2016 COST GROSS GROSS FAIR (IN THOUSANDS) U.S. Agency $ 400 $ — $ (2 ) $ 398 Taxable municipal 3,793 3 (174 ) 3,622 Corporate bonds 34,403 194 (724 ) 33,873 U.S. Agency mortgage-backed securities 88,738 1,132 (686 ) 89,184 Total $ 127,334 $ 1,329 $ (1,586 ) $ 127,077 Investment securities held to maturity: AT DECEMBER 31, 2016 COST GROSS GROSS FAIR (IN THOUSANDS) U.S. Agency mortgage-backed securities $ 11,177 $ 180 $ (79 ) $ 11,278 Taxable municipal 13,441 70 (348 ) 13,163 Corporate bonds and other securities 6,047 15 (83 ) 5,979 Total $ 30,665 $ 265 $ (510 ) $ 30,420 Investment securities available for sale: AT DECEMBER 31, 2015 COST GROSS GROSS FAIR (IN THOUSANDS) U.S. Agency $ 2,900 $ — $ (19 ) $ 2,881 Corporate bonds 18,541 18 (307 ) 18,252 U.S. Agency mortgage-backed securities 96,801 1,975 (442 ) 98,334 Total $ 118,242 $ 1,993 $ (768 ) $ 119,467 Investment securities held to maturity: AT DECEMBER 31, 2015 COST GROSS GROSS FAIR (IN THOUSANDS) U.S. Agency mortgage-backed securities $ 10,827 $ 247 $ (53 ) $ 11,021 Taxable municipal 5,592 67 (65 ) 5,594 Corporate bonds and other securities 5,000 3 (85 ) 4,918 Total $ 21,419 $ 317 $ (203 ) $ 21,533 Maintaining investment quality is a primary objective of the Company’s investment policy which, subject to certain limited exceptions, prohibits the purchase of any investment security below a Moody’s Investors Service or Standard & Poor’s rating of A. At December 31, 2016, 63.5% of the portfolio was rated AAA as compared to 79.1% at December 31, 2015. 10.1% of the portfolio was rated below A or unrated on December 31, 2016. The Company and its subsidiaries, collectively, did not hold securities of any single issuer, excluding U.S. Treasury and U.S. Agencies, that exceeded 10% of shareholders’ equity at December 31, 2016. The book value of securities, both available for sale and held to maturity, pledged to secure public and trust deposits, and certain Federal Home Loan Bank borrowings was $104,953,000 at December 31, 2016 and $87,096,000 at December 31, 2015. The Company realized $183,000 of gross investment security gains and $6,000 of gross investment security losses in 2016 and $107,000 of gross investment security gains and $36,000 of investment security losses in 2015, and $182,000 of gross investment gains and $5,000 of gross investment security losses in 2014. On a net basis, the realized gain for 2016 was $117,000 after factoring in tax expense of $60,000 and the realized gain for 2015 was $47,000 after factoring in tax expense of $24,000, and the realized gain for 2014 was $117,000 after factoring in tax expense of $60,000. Proceeds from sales of investment securities available for sale were $9.0 million for 2016, $3.6 million for 2015, and $5.2 million during 2014. The following table sets forth the contractual maturity distribution of the investment securities, cost basis and fair market values, and the weighted average yield for each type and range of maturity as of December 31, 2016. Yields are not presented on a tax-equivalent basis, but are based upon the cost basis and are weighted for the scheduled maturity. The Company’s consolidated investment securities portfolio had an effective duration of approximately 3.43 years. The weighted average expected maturity for available for sale securities at December 31, 2016 for U.S. Agency, U.S. Agency Mortgage-Backed and Corporate Bond securities was 1.36, 3.84 and 4.90 years, respectively. The weighted average expected maturity for held to maturity securities at December 31, 2016 for U.S. Agency Mortgage-Backed and Corporate Bonds/Taxable Municipals and other securities were 4.02 and 6.22 years. AT DECEMBER 31, 2016 U.S. AGENCY U.S. AGENCY CORPORATE BONDS AND OTHER TOTAL INVESTMENT (IN THOUSANDS, EXCEPT YIELDS) COST BASIS Within 1 year $ — —% $ — —% $ 5,000 2.17 % $ 5,000 2.17 % After 1 year but within 5 years 400 1.03 322 4.24 6,002 2.88 6,724 2.84 After 5 years but within 10 years — — 17,628 3.10 25,263 3.39 42,891 3.27 After 10 years but within 15 years — — 37,484 2.29 1,931 3.68 39,415 2.35 Over 15 years — — 33,304 2.12 — — 33,304 2.12 Total $ 400 1.03 $ 88,738 2.39 $ 38,196 3.16 $ 127,334 2.62 FAIR VALUE Within 1 year $ — $ — $ 4,981 $ 4,981 After 1 year but within 5 years 398 331 5,917 6,646 After 5 years but within 10 years — 18,194 24,789 42,983 After 10 years but within 15 years — 37,288 1,808 39,096 Over 15 years — 33,371 — 33,371 Total $ 398 $ 89,184 $ 37,495 $ 127,077 AT DECEMBER 31, 2016 U.S. AGENCY CORPORATE TOTAL INVESTMENT (IN THOUSANDS, EXCEPT YIELDS) COST BASIS Within 1 year $ — —% $ — —% $ — —% After 1 year but within 5 years — — 3,400 1.87 3,400 1.87 After 5 years but within 10 years 2,835 2.40 8,134 3.73 10,969 3.39 After 10 years but within 15 years 1,458 3.33 6,882 3.50 8,340 3.47 Over 15 years 6,884 2.90 1,072 4.54 7,956 3.12 Total $ 11,177 2.83 $ 19,488 3.37 $ 30,665 3.17 FAIR VALUE Within 1 year $ — $ — $ — After 1 year but within 5 years — 3,351 3,351 After 5 years but within 10 years 2,810 8,016 10,826 After 10 years but within 15 years 1,510 6,687 8,197 Over 15 years 6,958 1,088 8,046 Total $ 11,278 $ 19,142 $ 30,420 The following tables present information concerning investments with unrealized losses as of December 31, 2016 (in thousands): Total investment securities: LESS THAN 12 MONTHS 12 MONTHS OR LONGER TOTAL FAIR UNREALIZED FAIR UNREALIZED FAIR UNREALIZED U.S. Agency $ 398 $ (2 ) $ — $ — $ 398 $ (2 ) U.S. Agency mortgage-backed securities 49,918 (703 ) 1,576 (62 ) 51,494 (765 ) Taxable municipal 13,301 (522 ) — — 13,301 (522 ) Corporate bonds and other securities 20,380 (570 ) 6,762 (237 ) 27,142 (807 ) Total $ 83,997 $ (1,797 ) $ 8,338 $ (299 ) $ 92,335 $ (2,096 ) The following tables present information concerning investments with unrealized losses as of December 31, 2015 (in thousands): Total investment securities: LESS THAN 12 MONTHS 12 MONTHS OR LONGER TOTAL FAIR UNREALIZED FAIR UNREALIZED FAIR UNREALIZED U.S. Agency $ 1,486 $ (14 ) $ 395 $ (5 ) $ 1,881 $ (19 ) U.S. Agency mortgage-backed securities 33,359 (245 ) 9,088 (250 ) 42,447 (495 ) Taxable municipal 3,617 (65 ) — — 3,617 (65 ) Corporate bonds and other securities 8,884 (160 ) 7,766 (232 ) 16,650 (392 ) Total $ 47,346 $ (484 ) $ 17,249 $ (487 ) $ 64,595 $ (971 ) The unrealized losses are primarily a result of increases in market yields from the time of purchase. In general, as market yields rise, the value of securities will decrease; as market yields fall, the fair value of securities will increase. There are 110 positions that are considered temporarily impaired at December 31, 2016. Management generally views changes in fair value caused by changes in interest rates as temporary; therefore, these securities have not been classified as other-than-temporarily impaired. Management has also concluded that based on current information we expect to continue to receive scheduled interest payments as well as the entire principal balance. Furthermore, management does not intend to sell these securities and does not believe it will be required to sell these securities before they recover in value or mature.

LOANS

LOANS	12 Months Ended
	Dec. 31, 2016
Loans [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	4. LOANS The loan portfolio of the Company consisted of the following: AT DECEMBER 31, 2016 2015 (IN THOUSANDS) Commercial $ 171,529 $ 181,066 Commercial loans secured by real estate 446,598 421,637 Real estate-mortgage 245,765 257,937 Consumer 19,872 20,344 Loans, net of unearned income $ 883,764 $ 880,984 Loan balances at December 31, 2016 and 2015 are net of unearned income of $476,000 and $557,000, respectively. Real estate construction loans comprised 4.7% and 3.0% of total loans net of unearned income at December 31, 2016 and 2015, respectively. The Company has no exposure to subprime mortgage loans in either the loan or investment portfolios. The Company has no direct loan exposure to foreign countries. Additionally, the Company has no significant industry lending concentrations. As of December 31, 2016 and 2015, loans to customers engaged in similar activities and having similar economic characteristics, as defined by standard industrial classifications, did not exceed 10% of total loans. Additionally, the majority of the Company’s lending occurs within a 250 mile radius of the Johnstown market. In the ordinary course of business, the subsidiaries have transactions, including loans, with their officers, directors, and their affiliated companies. In management’s opinion, these transactions were on substantially the same terms as those prevailing at the time for comparable transactions with unaffiliated parties and do not involve more than the normal credit risk. These loans totaled $578,000 and $846,000 at December 31, 2016 and 2015, respectively.

ALLOWANCE FOR LOAN LOSSES

ALLOWANCE FOR LOAN LOSSES	12 Months Ended
	Dec. 31, 2016
Allowance for Loan Losses [Abstract]
Allowance for Credit Losses [Text Block]	5. ALLOWANCE FOR LOAN LOSSES The following table summarizes the rollforward of the allowance for loan losses by portfolio segment (in thousands). BALANCE AT CHARGE- RECOVERIES PROVISION BALANCE AT Commercial $ 4,244 $ (3,648 ) $ 140 $ 3,305 $ 4,041 Commercial loans secured by real estate 3,449 (13 ) 40 108 3,584 Real estate-mortgage 1,173 (291 ) 147 140 1,169 Consumer 151 (344 ) 30 314 151 Allocation for general risk 904 — — 83 987 Total $ 9,921 $ (4,296 ) $ 357 $ 3,950 $ 9,932 BALANCE AT CHARGE- RECOVERIES PROVISION BALANCE AT Commercial $ 3,262 $ (170 ) $ 101 $ 1,051 $ 4,244 Commercial loans secured by real estate 3,902 (250 ) 111 (314 ) 3,449 Real estate-mortgage 1,310 (753 ) 171 445 1,173 Consumer 190 (188 ) 26 123 151 Allocation for general risk 959 — — (55 ) 904 Total $ 9,623 $ (1,361 ) $ 409 $ 1,250 $ 9,921 BALANCE AT CHARGE- RECOVERIES PROVISION BALANCE AT Commercial $ 2,844 $ (172 ) $ 141 $ 449 $ 3,262 Commercial loans secured by real estate 4,885 (708 ) 231 (506 ) 3,902 Real estate-mortgage 1,260 (322 ) 71 301 1,310 Consumer 136 (121 ) 24 151 190 Allocation for general risk 979 — — (20 ) 959 Total $ 10,104 $ (1,323 ) $ 467 $ 375 $ 9,623 The higher provision for commercial loans was necessary due to the charge-off of a $3.3 million loan to a customer in the fracking industry that filed for bankruptcy protection in the first quarter. This is the Company’s only meaningful direct loan exposure to the energy industry. The higher provision was also needed to support the continuing growth of the loan portfolio and cover net loan charge-offs. At December 31, 2016, non-performing assets totaled $1.6 million, or 0.18% of total loans. The following tables summarize the loan portfolio and allowance for loan loss by the primary segments of the loan portfolio. AT DECEMBER 31, 2016 (IN THOUSANDS) Loans: COMMERCIAL COMMERCIAL REAL ESTATE- CONSUMER TOTAL Individually evaluated for impairment $ 496 $ 178 $ — $ — $ 674 Collectively evaluated for impairment 171,033 446,420 245,765 19,872 883,090 Total loans $ 171,529 $ 446,598 $ 245,765 $ 19,872 $ 883,764 AT DECEMBER 31, 2016 (IN THOUSANDS) Allowance for loan losses: COMMERCIAL COMMERCIAL REAL ESTATE- CONSUMER ALLOCATION TOTAL Specific reserve allocation $ 496 $ 31 $ — $ — $ — $ 527 General reserve allocation 3,545 3,553 1,169 151 987 9,405 Total allowance for loan losses $ 4,041 $ 3,584 $ 1,169 $ 151 $ 987 $ 9,932 AT DECEMBER 31, 2015 (IN THOUSANDS) Loans: COMMERCIAL COMMERCIAL REAL ESTATE- CONSUMER TOTAL Individually evaluated for impairment $ 4,416 $ 86 $ — $ — $ 4,502 Collectively evaluated for impairment 176,650 421,551 257,937 20,344 876,482 Total loans $ 181,066 $ 421,637 $ 257,937 $ 20,344 $ 880,984 AT DECEMBER 31, 2015 (IN THOUSANDS) Allowance for loan losses: COMMERCIAL COMMERCIAL REAL CONSUMER ALLOCATION TOTAL Specific reserve allocation $ 1,387 $ — $ — $ — $ — $ 1,387 General reserve allocation 2,857 3,449 1,173 151 904 8,534 Total allowance for loan losses $ 4,244 $ 3,449 $ 1,173 $ 151 $ 904 $ 9,921 The segments of the Company’s loan portfolio are disaggregated to a level that allows management to monitor risk and performance. The loan segments used are consistent with the internal reports evaluated by the Company’s management and Board of Directors to monitor risk and performance within various segments of its loan portfolio and therefore, no further disaggregation into classes is necessary. The overall risk profile for the commercial and commercial real estate loan segments are impacted by non-owner occupied CRE loans, which include loans secured by non-owner occupied nonfarm nonresidential properties, as a meaningful but closely monitored portion of the commercial portfolio is centered in these types of accounts. The residential mortgage loan segment is comprised of first lien amortizing residential mortgage loans and home equity loans secured by residential real estate. The consumer loan segment consists primarily of installment loans and overdraft lines of credit connected with customer deposit accounts. Management evaluates for possible impairment any individual loan in the commercial or commercial real estate segment with a loan balance in excess of $100,000 that is in nonaccrual status or classified as a Troubled Debt Restructure (TDR). Loans are considered to be impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in evaluating impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. 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. The Company does not separately evaluate individual consumer and residential mortgage loans for impairment, unless such loans are part of a larger relationship that is impaired, or are classified as a TDR. Once the determination has been made that a loan is impaired, the determination of whether a specific allocation of the allowance is necessary is measured by comparing the recorded investment in the loan to the fair value of the loan using one of three methods: (a) the present value of expected future cash flows discounted at the loan’s effective interest rate; (b) the loan’s observable market price; or (c) the fair value of the collateral less selling costs for collateral dependent loans. The method is selected on a loan-by-loan basis, with management primarily utilizing the fair value of collateral method. The evaluation of the need and amount of a specific allocation of the allowance and whether a loan can be removed from impairment status is made on a quarterly basis. The Company’s policy for recognizing interest income on impaired loans does not differ from its overall policy for interest recognition. The need for an updated appraisal on collateral dependent loans is determined on a case-by-case basis. The useful life of an appraisal or evaluation will vary depending upon the circumstances of the property and the economic conditions in the marketplace. A new appraisal is not required if there is an existing appraisal which, along with other information, is sufficient to determine a reasonable value for the property and to support an appropriate and adequate allowance for loan losses. At a minimum, annual documented reevaluation of the property is completed by the Bank’s internal Assigned Risk Department to support the value of the property. When reviewing an appraisal associated with an existing collateral real estate dependent transaction, the Bank’s internal Assigned Risk Department must determine if there have been material changes to the underlying assumptions in the appraisal which affect the original estimate of value. Some of the factors that could cause material changes to reported values include: • the passage of time; • the volatility of the local market; • the availability of financing; • natural disasters; • the inventory of competing properties; • new improvements to, or lack of maintenance of, the subject property or competing properties upon physical inspection by the Bank; • changes in underlying economic and market assumptions, such as material changes in current and projected vacancy, absorption rates, capitalization rates, lease terms, rental rates, sales prices, concessions, construction overruns and delays, zoning changes, etc.; and/or • environmental contamination. The value of the property is adjusted to appropriately reflect the above listed factors and the value is discounted to reflect the value impact of a forced or distressed sale, any outstanding senior liens, any outstanding unpaid real estate taxes, transfer taxes and closing costs that would occur with sale of the real estate. If the Assigned Risk Department personnel determine that a reasonable value cannot be derived based on available information, a new appraisal is ordered. The determination of the need for a new appraisal, versus completion of a property valuation by the Bank’s Assigned Risk Department personnel rests with the Assigned Risk Department and not the originating account officer. The following tables present impaired loans by class, segregated by those for which a specific allowance was required and those for which a specific allowance was not necessary. AT DECEMBER 31, 2016 IMPAIRED LOANS WITH IMPAIRED TOTAL IMPAIRED LOANS RECORDED RELATED RECORDED RECORDED UNPAID (IN THOUSANDS) Commercial $ 496 $ 496 $ — $ 496 $ 517 Commercial loans secured by real estate 162 31 16 178 209 Total impaired loans $ 658 $ 527 $ 16 $ 674 $ 726 AT DECEMBER 31, 2015 IMPAIRED LOANS WITH IMPAIRED TOTAL IMPAIRED LOANS RECORDED RELATED RECORDED RECORDED UNPAID (IN THOUSANDS) Commercial $ 4,416 $ 1,387 $ — $ 4,416 $ 4,421 Commercial loans secured by real estate — — 86 86 522 Total impaired loans $ 4,416 $ 1,387 $ 86 $ 4,502 $ 4,943 The following table presents the average recorded investment in impaired loans and related interest income recognized for the periods indicated. YEAR ENDED DECEMBER 31, 2016 2015 2014 (IN THOUSANDS) Average impaired balance: Commercial $ 718 $ 1,271 $ — Commercial loans secured by real estate 356 866 1,756 Consumer — 9 — Average investment in impaired loans $ 1,074 $ 2,146 $ 1,756 Interest income recognized: Commercial $ 14 $ 10 $ — Commercial loans secured by real estate 8 17 12 Consumer — — — Interest income recognized on a cash basis on impaired loans $ 22 $ 27 $ 12 Management uses a nine point internal risk rating system to monitor the credit quality of the overall loan portfolio. The first six categories are considered not criticized. The first five “Pass” categories are aggregated, while the Pass-6, Special Mention, Substandard and Doubtful categories are disaggregated to separate pools. The criticized rating categories utilized by management follow bank regulatory definitions. The Special Mention category includes assets that are currently protected but are potentially weak, resulting in an undue and unwarranted credit risk, but not to the point of justifying a Substandard classification. Loans in the Substandard category have well-defined weaknesses that jeopardize the liquidation of the debt, and have a distinct possibility that some loss will be sustained if the weaknesses are not corrected. All loans greater than 90 days past due, or for which any portion of the loan represents a specific allocation of the allowance for loan losses are placed in Substandard or Doubtful. To help ensure that risk ratings are accurate and reflect the present and future capacity of borrowers to repay a loan as agreed, the Company has a structured loan rating process, which dictates that, at a minimum, credit reviews are mandatory for all commercial and commercial mortgage loan relationships with aggregate balances in excess of $250,000 within a 12-month period. Generally, consumer and residential mortgage loans are included in the Pass categories unless a specific action, such as bankruptcy, delinquency, or death occurs to raise awareness of a possible credit event. The Company’s commercial relationship managers are responsible for the timely and accurate risk rating of the loans in their portfolios at origination and on an ongoing basis. Risk ratings are assigned by the account officer, but require independent review and rating concurrence from the Company’s internal Loan Review Department. The Loan Review Department is an experienced independent function which reports directly to the Board’s Audit Committee. The scope of commercial portfolio coverage by the Loan Review Department is defined and presented to the Audit Committee for approval on an annual basis. The approved scope of coverage for 2015 required review of a minimum range of 50% to 55% of the commercial loan portfolio. In addition to loan monitoring by the account officer and Loan Review Department, the Company also requires presentation of all credits rated Pass-6 with aggregate balances greater than $1,000,000, all credits rated Special Mention or Substandard with aggregate balances greater than $250,000, and all credits rated Doubtful with aggregate balances greater than $100,000 on an individual basis to the Company’s Loan Loss Reserve Committee on a quarterly basis. Additionally, the Asset Quality Task Force, which is a group comprised of senior level personnel, meets monthly to monitor the status of problem loans. The following table presents the classes of the loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system. AT DECEMBER 31, 2016 PASS SPECIAL SUBSTANDARD DOUBTFUL TOTAL (IN THOUSANDS) Commercial $ 168,116 $ 1,087 $ 1,830 $ 496 $ 171,529 Commercial loans secured by real estate 436,318 7,497 2,767 16 446,598 Total $ 604,434 $ 8,584 $ 4,597 $ 512 $ 618,127 AT DECEMBER 31, 2015 PASS SPECIAL MENTION SUBSTANDARD DOUBTFUL TOTAL (IN THOUSANDS) Commercial $ 174,616 $ 1,811 $ 3,318 $ 1,321 $ 181,066 Commercial loans secured by real estate 416,331 3,100 2,188 18 421,637 Total $ 590,947 $ 4,911 $ 5,506 $ 1,339 $ 602,703 It is generally the policy of the bank that the outstanding balance of any residential mortgage loan that exceeds 90-days past due as to principal and/or interest is transferred to non-accrual status and an evaluation is completed to determine the fair value of the collateral less selling costs, unless the balance is minor. A charge down is recorded for any deficiency balance determined from the collateral evaluation. The remaining non-accrual balance is reported as impaired with no specific allowance. It is the policy of the bank that the outstanding balance of any consumer loan that exceeds 90-days past due as to principal and/or interest is charged off. The following tables present the performing and non-performing outstanding balances of the residential and consumer portfolios. AT DECEMBER 31, 2016 PERFORMING NON- (IN THOUSANDS) Real estate-mortgage $ 244,836 $ 929 Consumer 19,872 — Total $ 264,708 $ 929 AT DECEMBER 31, 2015 PERFORMING NON- (IN THOUSANDS) Real estate-mortgage $ 256,149 $ 1,788 Consumer 20,344 — Total $ 276,493 $ 1,788 Management further monitors the performance and credit quality of the loan portfolio by analyzing the age of the portfolio as determined by the length of time a recorded payment is past due. The following tables present the classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans. AT DECEMBER 31, 2016 CURRENT 30 – 59 60 – 89 90 DAYS TOTAL TOTAL 90 DAYS (IN THOUSANDS) Commercial $ 171,292 $ 237 $ — $ — $ 237 $ 171,529 $ — Commercial loans secured by real estate 446,477 121 — — 121 446,598 — Real estate-mortgage 241,802 2,856 610 497 3,963 245,765 — Consumer 19,795 50 27 — 77 19,872 — Total $ 879,366 $ 3,264 $ 637 $ 497 $ 4,398 $ 883,764 $ — AT DECEMBER 31, 2015 CURRENT 30 – 59 60 – 89 90 DAYS TOTAL TOTAL 90 DAYS (IN THOUSANDS) Commercial $ 176,216 $ 489 $ 4,361 $ — $ 4,850 $ 181,066 $ — Commercial loans secured by real estate 421,247 208 182 — 390 421,637 — Real estate-mortgage 254,288 2,658 442 549 3,649 257,937 — Consumer 20,115 67 162 — 229 20,344 — Total $ 871,866 $ 3,422 $ 5,147 $ 549 $ 9,118 $ 880,984 $ — An allowance for loan losses (“ALL”) is maintained to absorb losses from the loan portfolio. The ALL is based on management’s continuing evaluation of the risk characteristics and credit quality of the loan portfolio, assessment of current economic conditions, diversification and size of the portfolio, adequacy of collateral, past and anticipated loss experience, and the amount of non-performing loans. Loans that are collectively evaluated for impairment are analyzed with general allowances being made as appropriate. For general allowances, historical loss trends are used in the estimation of losses in the current portfolio. These historical loss amounts are complemented by consideration of other qualitative factors. Management tracks the historical net charge-off activity at each risk rating grade level for the entire commercial portfolio and at the aggregate level for the consumer and residential mortgage portfolios. A historical charge-off factor is calculated utilizing a rolling 12 consecutive historical quarters for the commercial portfolios. This historical charge-off factor for the consumer and residential mortgage portfolios are based on a three year historical average of actual loss experience. The Company uses a comprehensive methodology and procedural discipline to maintain an ALL to absorb inherent losses in the loan portfolio. The Company believes this is a critical accounting policy since it involves significant estimates and judgments. The allowance consists of three elements: 1) an allowance established on specifically identified problem loans, 2) formula driven general reserves established for loan categories based upon historical loss experience and other qualitative factors which include delinquency, non-performing and TDR loans, loan trends, economic trends, concentrations of credit, trends in loan volume, experience and depth of management, examination and audit results, effects of any changes in lending policies, and trends in policy, financial information, and documentation exceptions, and 3) a general risk reserve which provides support for variance from our assessment of the previously listed qualitative factors, provides protection against credit risks resulting from other inherent risk factors contained in the Company’s loan portfolio, and recognizes the model and estimation risk associated with the specific and formula driven allowances. The qualitative factors used in the formula driven general reserves are evaluated quarterly (and revised if necessary) by the Company’s management to establish allocations which accommodate each of the listed risk factors. “Pass” rated credits are segregated from “Criticized” and “Classified” credits for the application of qualitative factors. Management reviews the loan portfolio on a quarterly basis using a defined, consistently applied process in order to make appropriate and timely adjustments to the ALL. When information confirms all or part of specific loans to be uncollectible, these amounts are promptly charged off against the ALL.

NON-PERFORMING ASSETS INCLUDING

NON-PERFORMING ASSETS INCLUDING TROUBLED DEBT RESTRUCTURINGS	12 Months Ended
	Dec. 31, 2016
Nonperforming Assets Including Troubled Debt Restructurings [Abstract]
Non Performing Assets Including Troubled Debt Restructurings Tdr [Text Block]	6. NON-PERFORMING ASSETS INCLUDING TROUBLED DEBT RESTRUCTURINGS Non-performing assets are comprised of (i) loans which are on a non-accrual basis, (ii) loans which are contractually past due 90 days or more as to interest or principal payments, (iii) performing loans classified as TDR and (iv) OREO (real estate acquired through foreclosure, in-substance foreclosures and repossessed assets). The following tables present information concerning non-performing assets including TDR: AT DECEMBER 31, 2016 2015 (IN THOUSANDS, EXCEPT PERCENTAGES) Non-accrual loans: Commercial $ 496 $ 4,260 Commercial loans secured by real estate 178 18 Real estate-mortgage 929 1,788 Total 1,603 6,066 Other real estate owned: Real estate-mortgage 21 75 Total 21 75 Total restructured loans not in non-accrual (TDR) — 156 Total non-performing assets including TDR $ 1,624 $ 6,297 Total non-performing assets as a percent of loans, net of unearned income, and other real estate owned 0.18 % 0.71 % The Company had no loans past due 90 days or more for the periods presented which were accruing interest. Consistent with accounting and regulatory guidance, the Bank recognizes a TDR when the Bank, for economic or legal reasons related to a borrower’s financial difficulties, grants a concession to the borrower that would not normally be considered. Regardless of the form of concession granted, the Bank’s objective in offering a TDR is to increase the probability of repayment of the borrower’s loan. To be considered a TDR, both • the borrower must be experiencing financial difficulties; and • the Bank, for economic or legal reasons related to the borrower’s financial difficulties, grants a concession to the borrower that would not otherwise be considered. Factors that indicate a borrower is experiencing financial difficulties include, but are not limited to: • the borrower is currently in default on their loan(s); • the borrower has filed for bankruptcy; • the borrower has insufficient cash flows to service their loan(s); and • the borrower is unable to obtain refinancing from other sources at a market rate similar to rates available to a non-troubled debtor. Factors that indicate that a concession has been granted include, but are not limited to: • the borrower is granted an interest rate reduction to a level below market rates for debt with similar risk; or • the borrower is granted a material maturity date extension, or extension of the amortization plan to provide payment relief. For purposes of this policy, a material maturity date extension will generally include any maturity date extension, or the aggregate of multiple consecutive maturity date extensions, that exceed 120 days. A restructuring that results in an insignificant delay in payment, i.e. 120 days or less, is not necessarily a TDR. Insignificant payment delays occur when the amount of the restructured payments subject to the delay is insignificant relative to the unpaid principal or collateral value, and will result in an insignificant shortfall in the originally scheduled contractual amount due, and/or the delay in timing of the restructured payment period is insignificant relative to the frequency of payments, the original maturity or the original amortization. The determination of whether a restructured loan is a TDR requires consideration of all of the facts and circumstances surrounding the modification. No single factor is determinative of whether a restructuring is a TDR. An overall general decline in the economy or some deterioration in a borrower’s financial condition does not automatically mean that the borrower is experiencing financial difficulty. Accordingly, determination of whether a modification is a TDR involves a large degree of judgment. Any loan modification where the borrower’s aggregate exposure is at least $250,000 and where the loan currently maintains a criticized or classified risk rating, i.e. Special Mention, Substandard or Doubtful, or where the loan will be assigned a criticized or classified rating after the modification is evaluated to determine the need for TDR classification. The specific ALL reserve for loans modified as TDR’s was $527,000 and $1.4 million as of December 31, 2016 and 2015, respectively. Loans in non-accrual status # of Loans Current Concession Granted Commercial 2 $ 496 Extension of maturity date Commercial loan secured by real estate 1 16 Extension of maturity date The following table details the TDRs at December 31, 2015 (dollars in thousands). Loans in non-accrual status # of Loans Current Concession Granted Commercial loan secured by real estate 6 $ 4,320 Extension of maturity date Loans in accrual status # of Loans Current Concession Granted Commercial loan secured by real estate 1 $ 156 Extension of maturity date The following table details the TDRs at December 31, 2014 (dollars in thousands). Loans in non-accrual status # of Loans Current Concession Granted Commercial loan secured by real estate 2 $ 210 Extension of maturity date Loans in accrual status # of Loans Current Concession Granted Commercial loan secured by real estate 2 $ 742 Extension of maturity date In all instances where loans have been modified in troubled debt restructurings the pre- and post-modified balances are the same. Once a loan is classified as a TDR, this classification will remain until documented improvement in the financial position of the borrower supports confidence that all principal and interest will be paid according to terms. Additionally, the customer must have re-established a track record of timely payments according to the restructured contract terms for a minimum of six consecutive months prior to consideration for removing the loan from non-accrual TDR status. However, a loan will continue to be on non-accrual status until, consistent with our policy, the borrower has made a minimum of six consecutive payments in accordance with the terms of the loan. There were no loans that were modified as TDR’s in the previous 12 months and defaulted during the reporting periods ending December 31, 2016, 2015 or 2014, respectively. All TDRs are individually evaluated for impairment and a related allowance is recorded, as needed. The Company is unaware of any additional loans which are required to either be charged-off or added to the non-performing asset totals disclosed above. OREO is recorded at the lower of 1) fair value minus estimated costs to sell, or 2) carrying cost. YEAR ENDED DECEMBER 31, 2016 2015 2014 (IN THOUSANDS) Interest income due in accordance with original terms $ 118 $ 94 $ 136 Interest income recorded — — — Net reduction in interest income $ 118 $ 94 $ 136 Foreclosed assets acquired in settlement of loans carried at fair value less estimated costs to sell are included in the other assets on the Consolidated Balance Sheet. As of December 31, 2016 and 2015, a total of $21,000 and $75,000, respectively of residential real estate foreclosed assets were included in other assets. As of December 31, 2016, the Company had initiated formal foreclosure procedures on $272,000 of consumer residential mortgages.

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT	12 Months Ended
	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	7. PREMISES AND EQUIPMENT An analysis of premises and equipment follows: AT DECEMBER 31, 2016 2015 (IN THOUSANDS) Land $ 1,198 $ 1,198 Premises 24,670 24,096 Furniture and equipment 7,949 8,291 Leasehold improvements 708 696 Total at cost 34,525 34,281 Less: Accumulated depreciation and amortization 22,831 22,173 Premises and equipment, net $ 11,694 $ 12,108 The Company recorded depreciation expense of $1.8 million for both years 2016 and 2015, respectively.

DEPOSITS

DEPOSITS	12 Months Ended
	Dec. 31, 2016
Deposits [Abstract]
Deposit Liabilities Disclosures [Text Block]	8. DEPOSITS The following table sets forth the balance of the Company’s deposits: AT DECEMBER 31, 2016 2015 (IN THOUSANDS) Demand: Non-interest bearing $ 188,808 $ 188,947 Interest bearing 163,801 92,037 Savings 96,475 93,949 Money market 258,978 258,818 Certificates of deposit in denominations of $100,000 or more 27,427 31,422 Other time 232,297 238,121 Total deposits $ 967,786 $ 903,294 Interest expense on deposits consisted of the following: YEAR ENDED DECEMBER 31, 2016 2015 2014 (IN THOUSANDS) Interest bearing demand $ 317 $ 199 $ 191 Savings 159 156 144 Money market 1,198 817 761 Certificates of deposit in denominations of $100,000 or more 283 266 268 Other time 3,443 3,314 3,525 Total interest expense $ 5,400 $ 4,752 $ 4,889 The following table sets forth the balance of other time deposits and certificates of deposit of $100,000 or more as of December 31, 2016 maturing in the periods presented: YEAR: OTHER CERTIFICATES (IN THOUSANDS) 2017 $ 78,380 $ 21,388 2018 55,053 2,962 2019 37,017 1,818 2020 32,134 1,160 2021 11,835 — 2022 and after 17,878 99 Total $ 232,297 $ 27,427 The maturities on certificates of deposit greater than $100,000 or more as of December 31, 2016, are as follows: MATURING IN: (IN THOUSANDS) Three months or less $ 5,800 Over three through six months 8,753 Over six through twelve months 6,835 Over twelve months 6,039 Total $ 27,427 The aggregate amount of time deposit accounts (including certificates of deposit) that meet or exceed the FDIC insurance limit at December 31, 2016 and 2015 are $45.8 million and $46.1 million, respectively.

SHORT-TERM BORROWINGS

SHORT-TERM BORROWINGS	12 Months Ended
	Dec. 31, 2016
Short-term Debt [Abstract]
Short-term Debt [Text Block]	9. SHORT-TERM BORROWINGS Short-term borrowings, which consist of federal funds purchased and other short-term borrowings are summarized as follows: AT DECEMBER 31, 2016 FEDERAL SHORT-TERM (IN THOUSANDS, EXCEPT RATES) Balance $ — $ 12,754 Maximum indebtedness at any month end — 56,686 Average balance during year — 9,030 Average rate paid for the year — 0.58 % Interest rate on year-end balance — 0.74 AT DECEMBER 31, 2015 FEDERAL SHORT-TERM (IN THOUSANDS, EXCEPT RATES) Balance $ — $ 48,748 Maximum indebtedness at any month end — 65,071 Average balance during year — 24,582 Average rate paid for the year — 0.35 % Interest rate on year-end balance — 0.43 AT DECEMBER 31, 2014 FEDERAL OTHER (IN THOUSANDS, EXCEPT RATES) Balance $ — $ 38,880 Maximum indebtedness at any month end — 47,762 Average balance during year — 18,783 Average rate paid for the year — 0.29 % Interest rate on year-end balance — 0.27 Average amounts outstanding during the year represent daily averages. Average interest rates represent interest expense divided by the related average balances. These borrowing transactions can range from overnight to one year in maturity. The average maturity was three days at the end of 2016 and 2015, and one day for 2014.

ADVANCES FROM FEDERAL HOME LOAN

ADVANCES FROM FEDERAL HOME LOAN BANK, GUARANTEED JUNIOR SUBORDINATED DEFERRABLE INTEREST DEBENTURES AND SUBORDINATED DEBT	12 Months Ended
	Dec. 31, 2016
Long-term Debt, Unclassified [Abstract]
Long-term Debt [Text Block]	10. ADVANCES FROM FEDERAL HOME LOAN BANK, GUARANTEED JUNIOR SUBORDINATED DEFERRABLE INTEREST DEBENTURES AND SUBORDINATED DEBT Advances from the FHLB consist of the following: AT DECEMBER 31, 2016 MATURING WEIGHTED BALANCE (IN THOUSANDS, EXCEPT RATES) 2017 1.06 $ 12,000 2018 1.48 12,000 2019 1.51 12,500 2020 1.59 8,042 2021 1.60 1,000 Total advances from FHLB 1.37 $ 45,542 The Company’s subsidiary Bank is a member of the FHLB which provides this subsidiary with the opportunity to obtain short to longer-term advances based upon the Company’s investment in assets secured by one- to four-family residential real estate and certain types of CRE. The rate on open repo plus advances, which are typically overnight borrowings, can change daily, while the rate on the advances is fixed until the maturity of the advance. All FHLB stock along with an interest in certain residential mortgage and CRE loans with an aggregate statutory value equal to the amount of the advances, are pledged as collateral to the FHLB of Pittsburgh to support these borrowings. At December 31, 2016, the Company had immediately available $402 million of overnight borrowing capability at the FHLB, $29 million of short-term borrowing availability at the Federal Reserve Bank and $39 million of unsecured federal funds lines with correspondent banks. Guaranteed Junior Subordinated Deferrable Interest Debentures: On April 28, 1998, the Company completed a $34.5 million public offering of 8.45% Trust Preferred Securities, which represent undivided beneficial interests in the assets of a Delaware business trust, AmeriServ Financial Capital Trust I. The Trust Preferred Securities will mature on June 30, 2028, and are callable at par at the option of the Company after June 30, 2003. Proceeds of the issue were invested by AmeriServ Financial Capital Trust I in Junior Subordinated Debentures issued by the Company. Unamortized deferred issuance costs associated with the Trust Preferred Securities amounted to $177,000 as of December 31, 2016 and are included in other assets on the Consolidated Balance Sheets, and are being amortized on a straight-line basis over the term of the issue. The Trust Preferred securities are listed on NASDAQ under the symbol ASRVP. The Company used $22.5 million of proceeds from a private placement of common stock to redeem Trust Preferred Securities in 2005 and 2004. The net balance as of December 31, 2016 and 2015 was $12.9 million. Subordinated Debt: On December 29, 2015, the Company completed a private placement of $7.65 million in aggregate principal amount of fixed rate subordinated notes to certain accredited investors. The subordinated notes mature December 31, 2025 and have a 6.50% fixed interest rate for the entire term. This subordinated debt has been structured to qualify as Tier 2 capital under the Federal Reserve’s capital guidelines and will be non-callable for five years. Unamortized deferred issuance costs associated with the subordinated debt amounted to $209,000 as of December 31, 2016 and are included in other assets on the Consolidated Balance Sheets, and are being amortized on a straight-line basis over the term of the issue. The Company used the proceeds from this private placement and other cash on hand to redeem all $21 million of its issued and outstanding SBLF preferred stock on January 27, 2016. The net balance as of December 31, 2016 and 2015 was $7.4 million.

DISCLOSURES ABOUT FAIR VALUE ME

DISCLOSURES ABOUT FAIR VALUE MEASUREMENTS	12 Months Ended
	Dec. 31, 2016
Disclosures about Fair Value Measurements [Abstract]
Fair Value, Measurement Inputs, Disclosure [Text Block]	11. DISCLOSURES ABOUT FAIR VALUE MEASUREMENTS The following disclosures establish a hierarchal framework associated with the level of pricing observability utilized in measuring assets and liabilities at fair value. The three broad levels defined within this hierarchy are as follows: Level I: Quoted prices are available in active markets for identical assets or liabilities as of the reported date. Level II: Pricing inputs are other than the quoted prices in active markets, which are either directly or indirectly observable as of the reported date. The nature of these assets and liabilities includes items for which quoted prices are available but traded less frequently and items that are fair-valued using other financial instruments, the parameters of which can be directly observed. Level III: Assets and liabilities that have little to no pricing observability as of the reported date. These items do not have two-way markets and are measured using management’s best estimate of fair value, where the inputs into the determination of fair value require significant management judgment or estimation. Securities classified as available for sale are reported at fair value utilizing Level 2 inputs. For these securities, the Company obtains fair value measurements from an independent pricing service. The fair value measurements consider observable data that may include dealer quoted market spreads, cash flows, the U.S. Treasury yield curve, live trading levels, trade execution data, market consensus prepayment speeds, credit information and the bond’s terms and conditions, among other things. The following table presents the assets reported on the Consolidated Balance Sheets at their fair value as of December 31, 2016 and 2015, by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Assets and Liability Measured on a Recurring Basis: FAIR VALUE MEASUREMENTS AT DECEMBER 31, 2016 USING TOTAL (LEVEL 1) (LEVEL 2) (LEVEL 3) Assets: U.S. Agency securities $ 398 $ — $ 398 $ — Taxable municipal 3,622 — 3,622 — Corporate bonds 33,873 — 33,873 — U.S. Agency mortgage-backed securities 89,184 — 89,184 — FAIR VALUE MEASUREMENTS AT DECEMBER 31, 2015 USING TOTAL (LEVEL 1) (LEVEL 2) (LEVEL 3) Assets: U.S. Agency securities $ 2,881 $ — $ 2,881 $ — Corporate bonds 18,252 — 18,252 — U.S. Agency mortgage-backed securities 98,334 — 98,334 — Assets Measured on a Non-recurring Basis: FAIR VALUE MEASUREMENTS AT DECEMBER 31, 2016 USING TOTAL (LEVEL 1) (LEVEL 2) (LEVEL 3) Assets: Impaired loans $ 147 $ — $ — $ 147 Other real estate owned 21 — — 21 FAIR VALUE MEASUREMENTS AT DECEMBER 31, 2015 USING TOTAL (LEVEL 1) (LEVEL 2) (LEVEL 3) Assets: Impaired loans $ 3,115 $ — $ — $ 3,115 Other real estate owned 75 — — 75 Loans considered impaired are loans for which, based on current information and events, it is probable that the creditor will be unable to collect all amounts due according to the contractual terms of the loan agreement. Impaired loans are reported at fair value of the underlying collateral if the repayment is expected solely from the collateral. Collateral values are estimated using Level 3 inputs based on observable market data which at times are discounted. At December 31, 2016, impaired loans with a carrying value of $674,000 were reduced by specific valuation allowance totaling $527,000 resulting in a net fair value of $147,000. At December 31, 2015, impaired loans with a carrying value of $4.5 million were reduced by specific valuation allowance totaling $1.4 million resulting in a net fair value of $3.1 million. OREO is measured at fair value based on appraisals, less cost to sell at the date of foreclosure. Valuations are periodically performed by management and the assets are carried at the lower of carrying amount or fair value, less cost to sell. Income and expenses from operations and changes in valuation allowance are included in the net expenses from OREO. Quantitative Information About Level 3 Fair Value Measurements Fair Valuation Techniques Unobservable Input Range (Wgtd Ave) Impaired loans $ 147 Appraisal of collateral (1) Appraisal adjustments (2) 40% to 99% (45%) Other real estate owned 21 Appraisal of collateral (1),(3) Appraisal adjustments (2) 20% to 77% (42%) Liquidation expenses (2) 3% to 199% (37%) December 31, 2015 Quantitative Information About Level 3 Fair Value Measurements Fair Valuation Techniques Unobservable Input Range (Wgtd Ave) Impaired loans $ 3,115 Appraisal of collateral (1) Appraisal adjustments (2) 15% to 20% (17%) Other real estate owned 75 Appraisal of collateral (1),(3) Appraisal adjustments (2) 23% to 49% (35%) Liquidation expenses (2) 10% to 59% (25%) (1) Fair Value is generally determined through independent appraisals of the underlying collateral, which generally include various level 3 inputs which are not identifiable. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. (3) Includes qualitative adjustments by management and estimated liquidation expenses.

DISCLOSURES ABOUT FAIR VALUE OF

DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS	12 Months Ended
	Dec. 31, 2016
Disclosures About Fair Value Of Financial Instruments [Abstract]
Financial Instruments Disclosure [Text Block]	12. DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS For the Company, as for most financial institutions, approximately 90% of its assets and liabilities are considered financial instruments. Many of the Company’s financial instruments, however, lack an available trading market characterized by a willing buyer and willing seller engaging in an exchange transaction. Therefore, significant estimates and present value calculations were used by the Company for the purpose of this disclosure. Fair values have been determined by the Company using independent third party valuations that uses best available data (Level 2) and an estimation methodology (Level 3) the Company believes is suitable for each category of financial instruments. Management believes that cash and cash equivalents, and loans and deposits with floating interest rates have estimated fair values which approximate the recorded carrying values. The estimation methodologies used, the estimated fair values based on US GAAP measurements, and recorded carrying values at December 31, 2016 and 2015, were as follows: AT DECEMBER 31, 2016 Carrying Fair (Level 1) (Level 2) (Level 3) (IN THOUSANDS) FINANCIAL ASSETS: Cash and cash equivalents $ 34,073 $ 34,073 $ 34,073 $ — $ — Investment securities – AFS 127,077 127,077 — 127,077 — Investment securities – HTM 30,665 30,420 — 27,473 2,947 Regulatory stock 5,484 5,484 5,484 — — Loans held for sale 3,094 3,158 3,158 — — Loans, net of allowance for loan loss and unearned income 873,832 869,960 — — 869,960 Accrued interest income receivable 3,116 3,116 3,116 — — Bank owned life insurance 37,903 37,903 37,903 — — FINANCIAL LIABILITIES: Deposits with no stated maturities $ 708,062 $ 708,062 $ 708,062 $ — $ — Deposits with stated maturities 259,724 261,446 — — 261,446 Short-term borrowings 12,754 12,754 12,754 — — All other borrowings 65,891 69,348 — — 69,348 Accrued interest payable 1,640 1,640 1,640 — — AT DECEMBER 31, 2015 Carrying Fair (Level 1) (Level 2) (Level 3) (IN THOUSANDS) FINANCIAL ASSETS: Cash and cash equivalents $ 48,510 $ 48,510 $ 48,510 $ — $ — Investment securities – AFS 119,467 119,467 — 119,467 — Investment securities – HTM 21,419 21,533 — 18,608 2,925 Regulatory stock 6,753 6,753 6,753 — — Loans held for sale 3,003 3,041 3,041 — — Loans, net of allowance for loan loss and unearned income 871,063 869,591 — — 869,591 Accrued interest income receivable 3,057 3,057 3,057 — — Bank owned life insurance 37,228 37,228 37,228 — — FINANCIAL LIABILITIES: Deposits with no stated maturities $ 633,751 $ 633,751 $ 633,751 $ — $ — Deposits with stated maturities 269,543 271,909 — — 271,909 Short-term borrowings 48,748 48,748 48,748 — — All other borrowings 68,310 72,241 — — 72,241 Accrued interest payable 1,651 1,651 1,651 — — The fair value of cash and cash equivalents, regulatory stock, accrued interest income receivable, short-term borrowings, and accrued interest payable are equal to the current carrying value. The fair value of investment securities is equal to the available quoted market price for similar securities. The fair value measurements consider observable data that may include dealer quoted market spreads, cash flows, the US Treasury yield curve, live trading levels, trade execution data, market consensus prepayment speeds, credit information and the bond’s terms and conditions, among other things. The Level 3 securities are valued by discounted cash flows using the US Treasury rate for the remaining term of the securities. Loans held for sale are priced individually at market rates on the day that the loan is locked for commitment with an investor. All loans in the held for sale account conform to Fannie Mae underwriting guidelines, with the specific intent of the loan being purchased by an investor at the predetermined rate structure. Loans in the held for sale account have specific delivery dates that must be executed to protect the pricing commitment (typically a 30, 45, or 60 day lock period). The net loan portfolio has been valued using a present value discounted cash flow. The discount rate used in these calculations is based upon the treasury yield curve adjusted for non-interest operating costs, credit loss, current market prices and assumed prepayment risk. The fair value of bank owned life insurance is based upon the cash surrender value of the underlying policies and matches the book value. Deposits with stated maturities have been valued using a present value discounted cash flow with a discount rate approximating current market for similar assets and liabilities. Deposits with no stated maturities have an estimated fair value equal to both the amount payable on demand and the recorded book balance. The fair value of all other borrowings is based on the discounted value of contractual cash flows. The discount rates are estimated using rates currently offered for similar instruments with similar remaining maturities. Commitments to extend credit and standby letters of credit are financial instruments generally not subject to sale, and fair values are not readily available. The carrying value, represented by the net deferred fee arising from the unrecognized commitment, and the fair value, determined by discounting the remaining contractual fee over the term of the commitment using fees currently charged to enter into similar agreements with similar credit risk, are not considered material for disclosure. The contractual amounts of unfunded commitments are presented in Note 16. Changes in assumptions or estimation methodologies may have a material effect on these estimated fair values. The Company’s remaining assets and liabilities which are not considered financial instruments have not been valued differently than has been customary under historical cost accounting.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	13. INCOME TAXES The expense for income taxes is summarized below: YEAR ENDED DECEMBER 31, 2016 2015 2014 (IN THOUSANDS) Current $ 483 $ 1,455 $ 1,036 Deferred 414 888 562 Income tax expense $ 897 $ 2,343 $ 1,598 The reconciliation between the federal statutory tax rate and the Company’s effective consolidated income tax rate is as follows: 2016 2015 2014 AMOUNT RATE AMOUNT RATE AMOUNT RATE (IN THOUSANDS, EXCEPT PERCENTAGES) Income tax expense based on federal statutory rate $ 1,090 34.0 % $ 2,836 34.0 % $ 1,571 34.0 % Tax exempt income (255 ) (7.9 ) (574 ) (6.9 ) (274 ) (5.9 ) Other 62 1.9 81 1.0 301 6.5 Total expense for income taxes $ 897 28.0 % $ 2,343 28.1 % $ 1,598 34.6 % The following table highlights the major components comprising the deferred tax assets and liabilities for each of the periods presented: AT DECEMBER 31, 2016 2015 (IN THOUSANDS) DEFERRED TAX ASSETS: Allowance for loan losses $ 3,377 $ 3,373 Unfunded commitment reserve 303 298 Unrealized investment security losses 87 — Premises and equipment 1,542 1,602 Accrued pension obligation 2,582 1,658 Alternative minimum tax credits 2,110 2,248 Other 895 487 Total tax assets 10,896 9,666 DEFERRED TAX LIABILITIES: Investment accretion (24 ) (16 ) Unrealized investment security gains — (420 ) Other (217 ) (237 ) Total tax liabilities (241 ) (673 ) Net deferred tax asset $ 10,655 $ 8,993 At December 31, 2016 and 2015, the Company had no valuation allowance established against its deferred tax assets as we believe the Company will generate sufficient future taxable income to fully utilize alternative minimum tax (AMT) credits. The change in net deferred tax assets and liabilities consist of the following: YEAR ENDED 2016 2015 (IN THOUSANDS) Unrealized gains recognized in comprehensive income $ 507 $ 530 Pension obligation of the defined benefit plan not yet recognized in income 1,569 (197 ) Deferred provision for income taxes (414 ) (888 ) Net increase (decrease) $ 1,662 $ (555 ) The Company has AMT credit carryforwards of approximately $2.1 million at December 31, 2016. These credits have an indefinite carryforward period. The Company has fully recognized all of its net operating loss carryforward in 2015. The Company utilizes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Benefits from tax positions should be recognized in the financial statements only when it is more likely than not that the tax position will be sustained upon examination by the appropriate taxing authority that would have full knowledge of all relevant information. A tax position that meets the more-likely-than-not recognition threshold is measured at the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement. Tax positions that previously failed to meet the more-likely-than-not recognition threshold should be recognized in the first subsequent financial reporting period in which that threshold is met. Previously recognized tax positions that no longer meet the more-likely-than-not recognition threshold should be derecognized in the first subsequent financial reporting period in which that threshold is no longer met. The Company has no tax liability for uncertain tax positions. The Company’s federal and state income tax returns for taxable years through 2013 have been closed for purposes of examination by the Internal Revenue Service and the Pennsylvania Department of Revenue.

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	12 Months Ended
	Dec. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Pension and Other Postretirement Benefits Disclosure [Text Block]	14. EMPLOYEE BENEFIT PLANS PENSION PLANS: The Company has a noncontributory defined benefit pension plan covering all employees who work at least 1,000 hours per year. The participants shall have a vested interest in their accrued benefit after five full years of service. The benefits of the plan are based upon the employee’s years of service and average annual earnings for the highest five consecutive calendar years during the final ten year period of employment. Effective January 1, 2013, the Company implemented a soft freeze of its defined benefit pension plan for non-union employees. A soft freeze means that all existing employees as of December 31, 2012 will remain in the defined benefit pension plan but any new non-union employees hired after January 1, 2013 will no longer be part of the defined benefit plan but instead will be offered retirement benefits under an enhanced 401K program. The Company implemented a similar soft freeze of its defined benefit pension plan for union employees effective January 1, 2014. The Company executed these changes to help reduce its pension costs in future years. Plan assets are primarily debt securities (including U.S. Treasury and Agency securities, corporate notes and bonds), listed common stocks (including shares of the Company’s common stock valued at $770,000 and is limited to 10% of the plan’s assets), mutual funds, and short-term cash equivalent instruments. The following actuarial tables are based upon data provided by an independent third party as of December 31, 2016. PENSION BENEFITS: YEAR ENDED 2016 2015 (IN THOUSANDS) CHANGE IN BENEFIT OBLIGATION: Benefit obligation at beginning of year $ 33,117 $ 33,701 Service cost 1,468 1,557 Interest cost 1,430 1,341 Actuarial (gain) loss 4,578 (1,063 ) Benefits paid (1,956 ) (2,419 ) Benefit obligation at end of year 38,637 33,117 YEAR ENDED 2016 2015 (IN THOUSANDS) CHANGE IN PLAN ASSETS: Fair value of plan assets at beginning of year 28,429 27,367 Actual return on plan assets 348 (154 ) Employer contributions 3,850 3,635 Benefits paid (1,956 ) (2,419 ) Fair value of plan assets at end of year 30,671 28,429 Funded status of the plan – under funded $ (7,966 ) $ (4,688 ) 2016 2015 (IN THOUSANDS) AMOUNTS NOT YET RECOGNIZED AS A COMPONENT OF NET PERIODIC PENSION COST: Amounts recognized in accumulated other comprehensive loss consists of: Net actuarial loss $ 17,602 $ 12,431 Total $ 17,602 $ 12,431 YEAR ENDED 2016 2015 (IN THOUSANDS) ACCUMULATED BENEFIT OBLIGATION: Accumulated benefit obligation $ 35,153 $ 30,606 The weighted-average assumptions used to determine benefit obligations at December 31, 2016 and 2015 were as follows: YEAR ENDED 2016 2015 WEIGHTED AVERAGE ASSUMPTIONS: Discount rate 4.12 % 4.20 % Salary scale 2.50 2.50 YEAR ENDED DECEMBER 31, 2016 2015 2014 (IN THOUSANDS) COMPONENTS OF NET PERIODIC BENEFIT COST: Service cost $ 1,468 $ 1,557 $ 1,601 Interest cost 1,430 1,341 1,368 Expected return on plan assets (2,275 ) (2,130 ) (1,991 ) Amortization of prior year service cost — — (19 ) Special termination benefit liability — — 376 Recognized net actuarial loss 1,333 1,386 1,181 Net periodic pension cost $ 1,956 $ 2,154 $ 2,516 YEAR ENDED DECEMBER 31, 2016 2015 2014 (IN THOUSANDS) OTHER CHANGES IN PLAN ASSETS AND BENEFIT OBLIGATIONS RECOGNIZED IN OTHER COMPREHENSIVE LOSS Net loss $ 6,505 $ 1,221 $ 3,669 Recognized loss (1,333 ) (1,386 ) (1,181 ) Recognized prior service cost — — 19 Total recognized in other comprehensive loss before tax effect $ 5,172 $ (165 ) $ 2,507 Total recognized in net benefit cost and other comprehensive loss before tax effect $ 7,128 $ 1,989 $ 5,023 The estimated net loss for the defined benefit pension plan that will be amortized from accumulated other comprehensive loss into net periodic benefit cost over the next year is $1,583,000. The weighted-average assumptions used to determine net periodic benefit cost for the years ended December 31, 2016, 2015 and 2014 were as follows: YEAR ENDED DECEMBER 31, 2016 2015 2014 WEIGHTED AVERAGE ASSUMPTIONS: Discount rate 4.20 % 4.00 % 4.50 % Expected return on plan assets 7.75 8.00 8.00 Rate of compensation increase 2.50 2.50 2.50 The Company has assumed a 7.75% long-term expected return on plan assets. This assumption was based upon the plan’s historical investment performance over a longer-term period of 15 years combined with the plan’s investment objective of balanced growth and income. Additionally, this assumption also incorporates a targeted range for equity securities of approximately 60% of plan assets. PLAN ASSETS: YEAR ENDED 2016 2015 ASSET CATEGORY: Cash and cash equivalents 8 % 6 % Domestic equities 10 7 Mutual funds/ETFs 76 75 International equities 1 1 Corporate bonds 5 11 Total 100 % 100 % YEAR ENDED 2016 2015 (IN THOUSANDS) Level 1: Cash and cash equivalents $ 2,454 $ 1,611 Domestic equities 3,067 1,978 International equities 307 397 Mutual funds/ETFs 23,310 21,396 Level 2: Corporate bonds 1,533 3,047 Total fair value of plan assets $ 30,671 $ 28,429 Cash and cash equivalents may include uninvested cash balances along with money market mutual funds, treasury bills, or other assets normally categorized as cash equivalents. Domestic equities may include common or preferred stocks, covered options, rights or warrants, or American Depository Receipts which are traded on any U.S. equity market. Mutual funds/ETFs may include any equity, fixed income, balanced, international, or global mutual fund or exchange traded fund including any propriety fund managed by the Trust Company. Agencies may include any U.S. government agency security or asset-backed security. Collective investment funds may include equity, fixed income, or balanced collective investment funds managed by the Trust Company. Corporate bonds may include any corporate bond or note. The investment strategy objective for the pension plan is a balance of growth and income. This objective seeks to develop a portfolio for acceptable levels of current income together with the opportunity for capital appreciation. The balanced growth and income objective reflects a relatively equal balance between equity and fixed income investments such as debt securities. The allocation between equity and fixed income assets may vary by a moderate degree but the plan typically targets a range of equity investments between 50% and 60% of the plan assets. This means that fixed income and cash investments typically approximate 40% to 50% of the plan assets. The plan is also able to invest in ASRV common stock up to a maximum level of 10% of the market value of the plan assets (at December 31, 2016, 2.5% of the plan assets were invested in ASRV common stock). This asset mix is intended to ensure that there is a steady stream of cash from maturing investments to fund benefit payments. CASH FLOWS: The Company presently expects that the contribution to be made to the Plan in 2017 will be approximately $3.0 million. ESTIMATED FUTURE BENEFIT PAYMENTS: YEAR: ESTIMATED FUTURE (IN THOUSANDS) 2017 $ 3,174 2018 2,364 2019 2,393 2020 2,740 2021 2,787 Years 2022 – 2026 14,199 401(k) PLAN: The Company maintains a qualified 401(k) plan that allows for participation by Company employees. Under the plan, employees may elect to make voluntary, pretax contributions to their accounts which the Company will match one half on the first 2% of contribution up to a maximum of 1%. The Company also contributes 4% of salaries for union members who are in the plan. Effective January 1, 2013, any new non-union employees receive a 4% non-elective contribution and these employees may elect to make voluntary, pretax contributions to their accounts which the Company will match one half on the first 6% of contribution up to a maximum of 3%. Effective January 1, 2014, any new union employees receive a 4% non-elective contribution and these employees may elect to make voluntary, pretax contributions to their accounts which the Company will match dollar for dollar up to a maximum of 4%. Contributions by the Company charged to operations were $447,000 and $433,000 for the years ended December 31, 2016 and 2015, respectively. The fair value of plan assets includes $1.3 million pertaining to the value of the Company’s common stock and Trust Preferred securities that are held by the plan at December 31, 2016. Except for the above benefit plans, the Company has no significant additional exposure for any other post-retirement or post-employment benefits.

LEASE COMMITMENTS

LEASE COMMITMENTS	12 Months Ended
	Dec. 31, 2016
Leases, Operating [Abstract]
Leases of Lessee Disclosure [Text Block]	15. LEASE COMMITMENTS The Company’s obligation for future minimum lease payments on operating leases at December 31, 2016, is as follows: YEAR: FUTURE MINIMUM (IN THOUSANDS) 2017 $ 578 2018 390 2019 223 2020 234 2021 234 2022 and thereafter 1,505 In addition to the amounts set forth above, certain of the leases require payments by the Company for taxes, insurance, and maintenance. Rent expense included in total non-interest expense amounted to $767,000, $821,000 and $732,000, in 2016, 2015, and 2014, respectively.

COMMITMENTS AND CONTINGENT LIAB

COMMITMENTS AND CONTINGENT LIABILITIES	12 Months Ended
	Dec. 31, 2016
Commitments and Contingent Liabilities [Abstract]
Commitments and Contingencies Disclosure [Text Block]	16. COMMITMENTS AND CONTINGENT LIABILITIES The Company incurs off-balance sheet risks in the normal course of business in order to meet the financing needs of its customers. These risks derive from commitments to extend credit and standby letters of credit. Such commitments and standby letters of credit involve, to varying degrees, elements of credit risk in excess of the amount recognized in the consolidated financial statements. Commitments to extend credit are obligations to lend to a customer as long as there is no violation of any condition established in the loan agreement. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Because many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s creditworthiness on a case-by-case basis. Collateral which secures these types of commitments is the same as for other types of secured lending such as accounts receivable, inventory, and fixed assets. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Those guarantees are primarily issued to support public and private borrowing arrangements, including normal business activities, bond financings, and similar transactions. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loans to customers. Letters of credit are issued both on an unsecured and secured basis. Collateral securing these types of transactions is similar to collateral securing the Company’s commercial loans. The Company’s exposure to credit loss in the event of nonperformance by the other party to these commitments to extend credit and standby letters of credit is represented by their contractual amounts. The Company uses the same credit and collateral policies in making commitments and conditional obligations as for all other lending. At December 31, 2016, the Company had various outstanding commitments to extend credit approximating $160.5 million and standby letters of credit of $8.5 million, compared to commitments to extend credit of $170.5 million and standby letters of credit of $7.5 million at December 31, 2015. Standby letters of credit had terms ranging from 1 to 2 years with annual extension options available. Standby letters of credit of approximately $3.9 million were secured as of December 31, 2016 and approximately $2.7 million at December 31, 2015. The carrying amount of the liability for AmeriServ obligations related to unfunded commitments and standby letters of credit was $890,000 at December 31, 2016 and $877,000 at December 31, 2015. Pursuant to its bylaws, the Company provides indemnification to its directors and officers against certain liabilities incurred as a result of their service on behalf of the Company. In connection with this indemnification obligation, the Company can advance on behalf of covered individuals costs incurred in defending against certain claims. Additionally, the Company is also subject to a number of asserted and unasserted potential claims encountered in the normal course of business. In the opinion of the Company, neither the resolution of these claims nor the funding of these credit commitments will have a material adverse effect on the Company’s consolidated financial position, results of operation or cash flows.

PREFERRED STOCK

PREFERRED STOCK	12 Months Ended
	Dec. 31, 2016
Preferred Stock [Abstract]
Preferred Stock [Text Block]	17. PREFERRED STOCK SBLF: On August 11, 2011, pursuant to the Small Business Lending Fund (SBLF), the Company issued and sold to the US Treasury 21,000 shares of its Senior Non-Cumulative Perpetual Preferred Stock, Series E (Series E Preferred Stock) for the aggregate proceeds of $21 million. The SBLF was a voluntary program sponsored by the US Treasury that encouraged small business lending by providing capital to qualified community banks at favorable rates. The Company used the proceeds from the Series E Preferred Stock issued to the US Treasury to repurchase all 21,000 shares of its outstanding preferred shares previously issued to the US Treasury under the Capital Purchase Program. On January 27, 2016, we redeemed the Series E Preferred Stock, at a redemption price of 100% of the liquidation amount plus accrued but unpaid dividends, after receiving approval of our federal banking regulator and the US Treasury.

STOCK COMPENSATION PLANS

STOCK COMPENSATION PLANS	12 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	18. STOCK COMPENSATION PLANS The Company uses the modified prospective method for accounting for stock-based compensation and recognized $20,000 of pretax compensation expense for the year 2016, $29,000 in 2015 and $42,000 in 2014. During 2011, the Company’s Board adopted, and its shareholders approved, the AmeriServ Financial, Inc. 2011 Stock Incentive Plan (the Plan) authorizing the grant of options or restricted stock covering 800,000 shares of common stock. This Plan replaced the expired 2001 Stock Option Plan. Under the Plan, options or restricted stock can be granted (the Grant Date) to directors, officers, and employees that provide services to the Company and its affiliates, as selected by the compensation committee of the Board. The option price at which a granted stock option may be exercised was not less than 100% of the fair market value per share of common stock on the Grant Date. The maximum term of any option granted under the Plan cannot exceed 10 years. Generally, options vest over a three year period and become exercisable in equal installments over the vesting period. At times, options with a one year vesting period may also be issued. A summary of the status of the Company’s Stock Incentive Plan at December 31, 2016, 2015, and 2014, and changes during the years then ended is presented in the table and narrative following: YEAR ENDED DECEMBER 31, 2016 2015 2014 SHARES WEIGHTED SHARES WEIGHTED SHARES WEIGHTED Outstanding at beginning of year 470,449 $ 2.74 559,909 $ 2.66 487,349 $ 2.55 Granted 54,000 3.03 32,500 2.96 115,000 3.18 Exercised (32,661 ) 2.27 (75,923 ) 2.07 (10,700 ) 2.25 Forfeited (74,222 ) 3.04 (46,037 ) 3.04 (31,740 ) 3.08 Outstanding at end of year 417,566 2.76 470,449 2.74 559,909 2.66 Exercisable at end of year 328,062 2.69 336,555 2.58 330,822 2.36 Weighted average fair value of options granted in current year $ 0.93 $ 0.67 $ 0.85 A total of 328,062 of the 417,566 options outstanding at December 31, 2016, are exercisable and have exercise prices between $1.53 and $4.60, with a weighted average exercise price of $2.69 and a weighted average remaining contractual life of 5.29 years. All of these options are exercisable. The remaining 89,504 options that are not yet exercisable have exercise prices between $2.96 and $3.32, with a weighted average exercise price of $3.02 and a weighted average remaining contractual life of 8.51 years. The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model with the following assumptions used for grants in 2016, 2015, and 2014. YEAR ENDED DECEMBER 31, BLACK-SCHOLES ASSUMPTION RANGES 2016 2015 2014 Risk-free interest rate 1.56 – 1.73% 1.97% 2.43 – 2.74% Expected lives in years 10 10 10 Expected volatility 29% 22% 28 – 29% Expected dividend rate 1.35 – 1.81% 1.35% 1.25 – 1.30%

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE LOSS	12 Months Ended
	Dec. 31, 2016
Accumulated Comprehensive Loss [Abstract]
Comprehensive Income (Loss) Note [Text Block]	19. ACCUMULATED OTHER COMPREHENSIVE LOSS The following table presents the changes in each component of accumulated other comprehensive loss, net of tax, for the periods ending December 31, 2016 and 2015 (in thousands): YEAR ENDING DECEMBER 31, 2016 YEAR ENDING DECEMBER 31, 2015 Net (1) Defined (1) Total (1) Net (1) Defined (1) Total (1) Beginning balance $ 808 $ (8,363 ) $ (7,555 ) $ 1,843 $ (8,745 ) $ (6,902 ) Other comprehensive loss before reclassifications (862 ) (3,563 ) (4,425 ) (989 ) (242 ) (1,231 ) Amounts reclassified from accumulated other comprehensive loss (117 ) 520 403 (46 ) 624 578 Net current period other comprehensive income (loss) (979 ) (3,043 ) (4,022 ) (1,035 ) 382 (653 ) Ending balance $ (171 ) $ (11,406 ) $ (11,577 ) $ 808 $ (8,363 ) $ (7,555 ) (1) Amounts in parentheses indicate debits on the Consolidated Balance Sheets. The following table presents the amounts reclassified out of each component of accumulated other comprehensive loss for the periods ending December 31, 2016 and 2015 (in thousands): Amount reclassified from (1) Details about accumulated other YEAR ENDING YEAR ENDING Affected line item in the Unrealized gains and losses on sale of securities $ (177 ) $ (71 ) Net realized gains on investment securities 60 25 Provision for income taxes $ (117 ) $ (46 ) Net of tax Amortization of defined benefit items (2) Recognized net actuarial loss $ 788 $ 946 Salaries and employee benefits (268 ) (322 ) Provision for income taxes $ 520 $ 624 Net of tax Total reclassifications for the period $ 403 $ 578 Net income (1) Amounts in parentheses indicate credits. (2) These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost (see Note 14 for additional details).

INTANGIBLE ASSETS

INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure [Text Block]	20. INTANGIBLE ASSETS The Company’s Consolidated Balance Sheets show both tangible assets (such as loans, buildings, and investments) and intangible assets (such as goodwill). Goodwill has an indefinite life and is not amortized. Instead such intangible is evaluated for impairment at the reporting unit level at least annually. Any resulting impairment would be reflected as a non-interest expense. Of the Company’s goodwill of $11.9 million, $9.5 million is allocated to the retail banking segment and $2.4 million relates to the WCCA acquisition which is included in the trust segment. In the third quarter of 2014, the Company performed a goodwill impairment test and determined that the fair value of WCCA was less than its carrying value and, accordingly, recorded an impairment charge of $669,000. The goodwill impairment charge was the result of a reduction in earnings power caused by the departure of WCCA’s former CEO and subsequent loss of a meaningful number of clients. The balance of the Company’s goodwill at December 31, 2016 and 2015 was $11.9 million, respectively.

SEGMENT RESULTS

SEGMENT RESULTS	12 Months Ended
	Dec. 31, 2016
Segment Results [Abstract]
Segment Reporting Disclosure [Text Block]	21. SEGMENT RESULTS The financial performance of the Company is also monitored by an internal funds transfer pricing profitability measurement system which produces line of business results and key performance measures. The Company’s major business units include retail banking, commercial banking, trust, and investment/parent. The reported results reflect the underlying economics of the business segments. Expenses for centrally provided services are allocated based upon the cost and estimated usage of those services. The businesses are match-funded and interest rate risk is centrally managed and accounted for within the investment/parent business segment. The key performance measure the Company focuses on for each business segment is net income contribution. Retail banking includes the deposit-gathering branch franchise and lending to both individuals and small businesses. Lending activities include residential mortgage loans, direct consumer loans, and small business commercial loans. Commercial banking to businesses includes commercial loans, and CRE loans. The trust segment contains our wealth management businesses which include the Trust Company, WCCA, our registered investment advisory firm and financial services. Wealth management includes personal trust products and services such as personal portfolio investment management, estate planning and administration, custodial services and pre-need trusts. Also, institutional trust products and services such as 401(k) plans, defined benefit and defined contribution employee benefit plans, and individual retirement accounts are included in this segment. Financial services include the sale of mutual funds, annuities, and insurance products. The wealth management businesses also includes the union collective investment funds, namely the ERECT and BUILD funds which are designed to use union pension dollars in construction projects that utilize union labor. The investment/parent includes the net results of investment securities and borrowing activities, general corporate expenses not allocated to the business segments, interest expense on guaranteed junior subordinated deferrable interest debentures, and centralized interest rate risk management. Inter-segment revenues were not material. The contribution of the major business segments to the Consolidated Results of Operations were as follows: YEAR ENDED DECEMBER 31, 2016 RETAIL COMMERCIAL TRUST INVESTMENT/ TOTAL (IN THOUSANDS) Net interest income $ 20,860 $ 18,518 $ 56 $ (5,300) $ 34,134 Provision for loan loss 175 3,775 — — 3,950 Non-interest income 5,281 439 8,749 169 14,638 Non-interest expense 21,704 10,453 7,097 2,361 41,615 Income (loss) before income 4,262 4,729 1,708 (7,492 ) 3,207 Income tax expense (benefit) 1,252 1,387 581 (2,323 ) 897 Net income (loss) $ 3,010 $ 3,342 $ 1,127 $ (5,169) $ 2,310 Total assets $ 357,500 $ 635,843 $ 5,217 $ 155,220 $ 1,153,780 YEAR ENDED DECEMBER 31, 2015 RETAIL COMMERCIAL TRUST INVESTMENT/ TOTAL (IN THOUSANDS) Net interest income $ 20,680 $ 18,390 $ 58 $ (3,767 ) $ 35,361 Provision for loan loss 192 1,058 — — 1,250 Non-interest income 5,537 552 8,683 495 15,267 Non-interest expense 21,849 10,303 6,606 2,280 41,038 Income (loss) before income 4,176 7,581 2,135 (5,552 ) 8,340 Income tax expense (benefit) 1,160 2,167 726 (1,710 ) 2,343 Net income (loss) $ 3,016 $ 5,414 $ 1,409 $ (3,842 ) $ 5,997 Total assets $ 415,008 $ 589,840 $ 5,263 $ 138,386 $ 1,148,497 YEAR ENDED DECEMBER 31, 2014 RETAIL COMMERCIAL TRUST INVESTMENT/ TOTAL (IN THOUSANDS) Net interest income $ 20,141 $ 16,777 $ 47 $ (2,921 ) $ 34,044 Credit provision for loan loss 57 318 — — 375 Non-interest income 5,633 381 8,118 191 14,323 Non-interest expense 22,531 10,868 6,967 3,005 43,371 Income (loss) before income taxes 3,186 5,972 1,198 (5,735 ) 4,621 Income tax expense (benefit) 958 1,819 634 (1,813 ) 1,598 Net income (loss) $ 2,228 $ 4,153 $ 564 $ (3,922 ) $ 3,023 Total assets $ 376,009 $ 563,690 $ 5,015 $ 144,549 $ 1,089,263

REGULATORY CAPITAL

REGULATORY CAPITAL	12 Months Ended
	Dec. 31, 2016
Regulatory Capital [Abstract]
Regulatory Capital Requirements under Banking Regulations [Text Block]	22. REGULATORY CAPITAL The Company is subject to various capital requirements administered by the federal banking agencies. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company must meet specific capital guidelines that involve quantitative measures of the Company’s assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The Company’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s financial statements. Quantitative measures established by regulation to ensure capital adequacy require the Company to maintain minimum amounts and ratios (set forth in the table below) of total and Tier I capital to risk-weighted assets, and of Tier I capital to average assets. As of December 31, 2016 and 2015, the Federal Reserve categorized the Company as Well Capitalized under the regulatory framework for prompt corrective action. The Company believes that no conditions or events have occurred that would change this conclusion. To be categorized as well capitalized, the Company must maintain minimum total risk-based, Tier I risk-based, and Tier I leverage ratios as set forth in the table. Additionally, while not a regulatory capital ratio, the Company’s tangible common equity ratio was 7.31% and 7.57% for 2016 and 2015, respectively. AT DECEMBER 31, 2016 COMPANY BANK MINIMUM TO BE WELL AMOUNT RATIO AMOUNT RATIO RATIO RATIO (IN THOUSANDS, EXCEPT RATIOS) Total Capital (To Risk Weighted Assets) $ 125,131 13.15 % $ 107,618 11.35 % 8.00 % 10.00 % Tier 1 Common Equity (To Risk Weighted Assets) 95,028 9.99 96,796 10.21 4.50 6.50 Tier 1 Capital (To Risk Weighted Assets) 106,868 11.23 96,796 10.21 6.00 8.00 Tier 1 Capital (To Average Assets) 106,868 9.35 96,796 8.61 4.00 5.00 AT DECEMBER 31, 2015 COMPANY BANK MINIMUM TO BE WELL REGULATIONS* AMOUNT RATIO AMOUNT RATIO RATIO RATIO (IN THOUSANDS, EXCEPT RATIOS) Total Capital (To Risk Weighted Assets) $ 144,096 15.55 % $ 106,890 11.67 % 8.00 % 10.00 % Tier 1 Common Equity (To Risk Weighted Assets) 93,202 10.06 96,092 10.49 4.50 6.50 Tier 1 Capital (To Risk Weighted Assets) 125,648 13.56 96,092 10.49 6.00 8.00 Tier 1 Capital (To Average Assets) 125,648 11.41 96,092 8.97 4.00 5.00 * Applies to the Bank only. On July 2, 2013, the Federal Reserve approved final rules that substantially amend the regulatory risk-based capital rules applicable to the Company and the Bank. The final rules implement the “Basel III” regulatory capital reforms, as well as certain changes required by the Dodd-Frank Act, which will require institutions to, among other things, have more capital and a higher quality of capital by increasing the minimum regulatory capital ratios, and requiring capital buffers. The new rules became effective for the Company on January 1, 2015, with an implementation period that stretches to 2019. For a more detailed discussion see the Capital Resources section of the MD&A.

PARENT COMPANY FINANCIAL INFORM

PARENT COMPANY FINANCIAL INFORMATION	12 Months Ended
	Dec. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Financial Information of Parent Company Only Disclosure [Text Block]	23. PARENT COMPANY FINANCIAL INFORMATION The parent company functions primarily as a coordinating and servicing unit for all subsidiary entities. Provided services include general management, accounting and taxes, loan review, internal auditing, investment advisory, marketing, insurance risk management, general corporate services, and financial and strategic planning. The following financial information relates only to the parent company operations: BALANCE SHEETS AT DECEMBER 31, 2016 2015 (IN THOUSANDS) ASSETS Cash $ 100 $ 100 Short-term investments in money market funds 5,397 21,793 Investment securities available for sale 6,041 8,484 Equity investment in banking subsidiary 97,158 100,726 Equity investment in non-banking subsidiaries 5,168 6,007 Other assets 2,665 3,197 TOTAL ASSETS $ 116,529 $ 140,307 LIABILITIES Guaranteed junior subordinated deferrable interest debentures $ 12,908 $ 12,892 Subordinated debt 7,441 7,418 Other liabilities 785 1,024 TOTAL LIABILITIES 21,134 21,334 STOCKHOLDERS’ EQUITY Total stockholders’ equity 95,395 118,973 TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 116,529 $ 140,307 STATEMENTS OF OPERATIONS YEAR ENDED DECEMBER 31, 2016 2015 2014 (IN THOUSANDS) INCOME Inter-entity management and other fees $ 2,305 $ 2,432 $ 2,432 Dividends from banking subsidiary 3,000 5,100 1,500 Dividends from non-banking subsidiaries 650 975 870 Interest, dividend and other income 214 669 262 TOTAL INCOME 6,169 9,176 5,064 EXPENSE Interest expense 1,640 1,125 1,121 Salaries and employee benefits 2,314 2,302 2,576 Other expense 1,549 1,563 1,996 TOTAL EXPENSE 5,503 4,990 5,693 INCOME (LOSS) BEFORE INCOME TAXES AND EQUITY IN UNDISTRIBUTED EARNINGS OF SUBSIDIARIES 666 4,187 (629 ) Benefit for income taxes (1,015 ) 642 1,020 Equity in undistributed earnings of subsidiaries 629 1,168 2,632 NET INCOME $ 2,310 $ 5,997 $ 3,023 COMPREHENSIVE INCOME (LOSS) $ (1,712) $ 5,344 $ 1,996 STATEMENTS OF CASH FLOWS YEAR ENDED DECEMBER 31, 2016 2015 2014 (IN THOUSANDS) OPERATING ACTIVITIES Net income $ 2,310 $ 5,997 $ 3,023 Adjustment to reconcile net income to net cash (used in) provided by operating activities: Equity in undistributed earnings of subsidiaries (629 ) (1,168 ) (2,632 ) Stock compensation expense 20 29 42 Other – net 1,463 842 (505 ) NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 3,164 5,700 (72 ) INVESTING ACTIVITIES Purchase of investment securities – available for sale (996 ) (1,533 ) (2,027 ) Proceeds from maturity of investment securities – available for sale 3,396 4,669 2,284 Proceeds from life insurance policies — 719 — NET CASH PROVIDED BY INVESTING ACTIVITIES 2,400 3,855 257 FINANCING ACTIVITIES Subordinated debt issuance, net — 7,418 — Preferred stock redemption (21,000 ) — — Preferred stock dividends paid (15 ) (210 ) (210 ) Common stock dividends paid (945 ) (754 ) (752 ) NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES (21,960 ) 6,454 (962 ) NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (16,396 ) 16,009 (777 ) CASH AND CASH EQUIVALENTS AT JANUARY 1 21,893 5,884 6,661 CASH AND CASH EQUIVALENTS AT DECEMBER 31 $ 5,497 $ 21,893 $ 5,884 The ability of the subsidiary Bank to upstream cash to the parent company is restricted by regulations. Federal law prevents the parent company from borrowing from its subsidiary Bank unless the loans are secured by specified assets. Further, such secured loans are limited in amount to ten percent of the subsidiary Bank’s capital and surplus. In addition, the Bank is subject to legal limitations on the amount of dividends that can be paid to its shareholder. The dividend limitation generally restricts dividend payments to a bank’s retained net income for the current and preceding two calendar years. Cash may also be upstreamed to the parent company by the subsidiaries as an inter-entity management fee. The subsidiary Bank had a combined $109,600,000 of restricted surplus and retained earnings at December 31, 2016.

SELECTED QUARTERLY CONSOLIDATED

SELECTED QUARTERLY CONSOLIDATED FINANCIAL DATA	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Information [Text Block]	24. SELECTED QUARTERLY CONSOLIDATED FINANCIAL DATA (unaudited) The following table sets forth certain unaudited quarterly consolidated financial data regarding the Company: 2016 QUARTER ENDED DEC. 31 SEPT. 30 JUNE 30 MARCH 31 (IN THOUSANDS, EXCEPT PER SHARE DATA) Interest income $ 10,582 $ 10,476 $ 10,389 $ 10,422 Interest expense 1,998 1,970 1,903 1,864 Net interest income 8,584 8,506 8,486 8,558 Provision for loan losses 300 300 250 3,100 Net interest income after provision for loan losses 8,284 8,206 8,236 5,458 Non-interest income 3,798 3,661 3,742 3,437 Non-interest expense 10,509 10,356 10,039 10,711 Income (loss) before income taxes 1,573 1,511 1,939 (1,816 ) Provision (benefit) for income taxes 423 446 577 (549 ) Net income (loss) $ 1,150 $ 1,065 $ 1,362 $ (1,267 ) Basic earnings (loss) per common share $ 0.06 $ 0.06 $ 0.07 $ (0.07) Diluted earnings (loss) per common share 0.06 0.06 0.07 (0.07 ) Cash dividends declared per common share 0.015 0.015 0.010 0.010 2015 QUARTER ENDED DEC. 31 SEPT. 30 JUNE 30 MARCH 31 (IN THOUSANDS, EXCEPT PER SHARE DATA) Interest income $ 10,282 $ 10,667 $ 10,409 $ 10,523 Interest expense 1,690 1,632 1,609 1,589 Net interest income 8,592 9,035 8,800 8,934 Provision (credit) for loan losses 500 300 200 250 Net interest income after provision (credit) for loan losses 8,092 8,735 8,600 8,684 Non-interest income 3,848 4,015 3,692 3,712 Non-interest expense 10,170 10,219 10,239 10,410 Income before income taxes 1,770 2,531 2,053 1,986 Provision for income taxes 396 698 632 617 Net income $ 1,374 $ 1,833 $ 1,421 $ 1,369 Basic earnings per common share $ 0.07 $ 0.09 $ 0.07 $ 0.07 Diluted earnings per common share 0.07 0.09 0.07 0.07 Cash dividends declared per common share 0.01 0.01 0.01 0.01

SUMMARY OF SIGNIFICANT ACCOUN32

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Business And Nature Of Operations [Policy Text Block]	BUSINESS AND NATURE OF OPERATIONS: AmeriServ Financial, Inc. (the Company) is a bank holding company, headquartered in Johnstown, Pennsylvania. Through its banking subsidiary the Company operates 16 2.0
Consolidation, Policy [Policy Text Block]	PRINCIPLES OF CONSOLIDATION: The consolidated financial statements include the accounts of AmeriServ Financial, Inc. and its wholly-owned subsidiaries, AmeriServ Financial Bank (the Bank), Trust Company, and AmeriServ Life Insurance Company (AmeriServ Life). The Bank is a state-chartered full service bank with 16 locations in Pennsylvania. AmeriServ Life is a captive insurance company that engages in underwriting as a reinsurer of credit life and disability insurance. Intercompany accounts and transactions have been eliminated in preparing the Consolidated Financial Statements. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (generally accepted accounting principles, or GAAP) requires management to make estimates and assumptions that affect the amounts reported in the Consolidated Financial Statements and accompanying notes. Actual results may differ from these estimates and the differences may be material to the Consolidated Financial Statements. The Company’s most significant estimates relate to the allowance for loan losses, goodwill, income taxes, investment securities, pension, and the fair value of financial instruments.
Investment, Policy [Policy Text Block]	INVESTMENT SECURITIES: Securities are classified at the time of purchase as investment securities held to maturity if it is management’s intent and the Company has the ability to hold the securities until maturity. These held to maturity securities are carried on the Company’s books at cost, adjusted for amortization of premium and accretion of discount which is computed using the level yield method which approximates the effective interest method. Alternatively, securities are classified as available for sale if it is management’s intent at the time of purchase to hold the securities for an indefinite period of time and/or to use the securities as part of the Company’s asset/liability management strategy. Securities classified as available for sale include securities which may be sold to effectively manage interest rate risk exposure, prepayment risk, and other factors (such as liquidity requirements). These available for sale securities are reported at fair value with unrealized aggregate appreciation/depreciation excluded from income and credited/charged to accumulated other comprehensive income/loss within stockholders’ equity on a net of tax basis. Any securities classified as trading assets are reported at fair value with unrealized aggregate appreciation/depreciation included in income on a net of tax basis. The Company does not engage in trading activity. Realized gains or losses on securities sold are computed upon the adjusted cost of the specific securities sold. Available-for-sale and held-to-maturity securities are reviewed quarterly for possible other-than-temporary impairment. The review includes an analysis of the facts and circumstances of each individual investment such as the severity of loss, the length of time the fair value has been below cost, the expectation for that security’s performance, the creditworthiness of the issuer and the Company’s intent and ability to hold the security to recovery. The Company believes the unrealized losses are primarily a result of increases in market yields from the time of purchase. In general, as market yields rise, the value of securities will decrease; as market yields fall, the fair value of securities will increase. Management generally views changes in fair value caused by changes in interest rates as temporary; therefore, these securities have not been classified as other-than-temporarily impaired. Management has also concluded that based on current information we expect to continue to receive scheduled interest payments as well as the entire principal balance. Furthermore, management does not intend to sell these securities and does not believe it will be required to sell these securities before they recover in value.
Federal Home Loan Bank Stock [Policy Text Block]	FEDERAL HOME LOAN BANK STOCK: The Bank is a member of the Federal Home Loan Bank of Pittsburgh (FHLB) and as such, is required to maintain a minimum investment in stock of the FHLB that varies with the level of advances outstanding with the FHLB. The stock is bought from and sold to the FHLB based upon its $ 100
Finance, Loan and Lease Receivables, Held-for-investment, Policy [Policy Text Block]	LOANS: Interest income is recognized using the level yield method related to principal amounts outstanding. The Company discontinues the accrual of interest income when loans become 90
Loans and Leases Receivable, Origination Fees, Discounts or Premiums, and Direct Costs to Acquire Loans Policy [Policy Text Block]	LOAN FEES: Loan origination and commitment fees, net of associated direct costs, are deferred and amortized into interest and fees on loans over the loan or commitment period. Fee amortization is determined by the effective interest method.
Finance, Loan and Lease Receivables, Held-for-sale, Policy [Policy Text Block]	LOANS HELD FOR SALE: Certain newly originated fixed-rate residential mortgage loans are classified as held for sale, because it is management’s intent to sell these residential mortgage loans. The residential mortgage loans held for sale are carried at the lower of aggregate cost or market value.
Fair Value Transfer, Policy [Policy Text Block]	TRANSFERS OF FINANCIAL ASSETS: Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company; (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets; and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity.
Property, Plant and Equipment, Policy [Policy Text Block]	PREMISES AND EQUIPMENT: Premises and equipment are stated at cost less accumulated depreciation and amortization. Land is carried at cost. Depreciation is charged to operations over the estimated useful lives of the premises and equipment using the straight-line method with a half-year convention. Useful lives of up to 30 10
Finance, Loan and Lease Receivables, Held-for-investment, Allowance and Nonperforming Loans, Policy [Policy Text Block]	ALLOWANCE FOR LOAN LOSSES AND CHARGE-OFF PROCEDURES: As a financial institution, which assumes lending and credit risks as a principal element of its business, the Company anticipates that credit losses will be experienced in the normal course of business. Accordingly, the Company consistently applies a comprehensive methodology and procedural discipline to perform an analysis which is updated on a quarterly basis at the Bank level to determine both the adequacy of the allowance for loan losses and the necessary provision for loan losses to be charged against earnings. This methodology includes: — Review of all criticized, classified and impaired loans with aggregate balances over $ 250,000 — The application of formula driven reserve allocations for all commercial and commercial real-estate loans by using a three-year migration analysis of net losses incurred within each risk grade for the entire commercial loan portfolio. The difference between estimated and actual losses is reconciled through the nature of the migration analysis. — The application of formula driven reserve allocations to consumer and residential mortgage loans which are based upon historical net charge-off experience for those loan types. The residential mortgage loan and consumer loan allocations are based upon the Company’s three-year historical average of actual loan net charge-offs experienced in each of those categories. — The application of formula driven reserve allocations to all outstanding loans is based upon review of historical losses and qualitative factors, which include but are not limited to, economic trends, delinquencies, levels of non-accrual and TDR loans, concentrations of credit, trends in loan volume, experience and depth of management, examination and audit results, effects of any changes in lending policies and trends in policy, financial information and documentation exceptions. — Management recognizes that there may be events or economic factors that have occurred affecting specific borrowers or segments of borrowers that may not yet be fully reflected in the information that the Company uses for arriving at reserves for a specific loan or portfolio segment. Therefore, the Company believes that there is estimation risk associated with the use of specific and formula driven allowances. After completion of this process, a formal meeting of the Loan Loss Reserve Committee is held to evaluate the adequacy of the reserve. When it is determined that the prospects for recovery of the principal of a loan have significantly diminished, the loan is charged against the allowance account; subsequent recoveries, if any, are credited to the allowance account. In addition, non-accrual and large delinquent loans are reviewed monthly to determine potential losses. The Company’s policy is to individually review, as circumstances warrant, its commercial and commercial mortgage loans to determine if a loan is impaired. At a minimum, credit reviews are mandatory for all commercial and commercial mortgage loan relationships with aggregate balances in excess of $ 250,000 250,000
Off-Balance-Sheet Credit Exposure, Policy [Policy Text Block]	ALLOWANCE FOR UNFUNDED LOAN COMMITMENTS AND LETTERS OF CREDIT: The allowance for unfunded loan commitments and letters of credit is maintained at a level believed by management to be sufficient to absorb estimated losses related to these unfunded credit facilities. The determination of the adequacy of the allowance is based on periodic evaluations of the unfunded credit facilities including an assessment of the probability of commitment usage, credit risk factors for loans outstanding to these same customers and the terms and expiration dates of the unfunded credit facilities. Net adjustments to the allowance for unfunded loan commitments and letters of credit are provided for in the unfunded commitment reserve expense line item within other expense in the Consolidated Statements of Operations and a separate reserve is recorded within the other liabilities section of the Consolidated Balance Sheets.
Revenue Recognition, Services, Management Fees [Policy Text Block]	TRUST FEES: Trust fees are recorded on the cash basis which approximates the accrual basis for such income.
Life Settlement Contracts, Policy [Policy Text Block]	BANK-OWNED LIFE INSURANCE: The Company has purchased life insurance policies on certain employees. These policies are recorded on the Consolidated Balance Sheets at their cash surrender value, or the amount that can be realized. Income from these policies and changes in the cash surrender value are recorded in bank owned life insurance within non-interest income.
Goodwill and Intangible Assets, Policy [Policy Text Block]	INTANGIBLE ASSETS: Goodwill arising from business combinations represents the value attributable to unidentifiable intangible elements in the business acquired. The Company accounts for goodwill using a two-step process for testing the impairment of goodwill on at least an annual basis. This approach could cause more volatility in the Company’s reported net income because impairment losses, if any, could occur irregularly and in varying amounts.
Earnings Per Share, Policy [Policy Text Block]	EARNINGS PER COMMON SHARE: Basic earnings per share include only the weighted average common shares outstanding. Diluted earnings per share include the weighted average common shares outstanding and any potentially dilutive common stock equivalent shares in the calculation. Treasury shares are treated as retired for earnings per share purposes. Options to purchase 51,273, 58,788, and 3,625 shares of common stock were outstanding during 2016, 2015 and 2014, respectively, but were not included in the computation of diluted earnings per common share because to do so would be anti-dilutive. Exercise prices of anti-dilutive options to purchase common stock outstanding were $3.23-$4.60, $3.23-$4.70, and $4.60-$5.22 during 2016, 2015 and 2014, respectively. Dividends on preferred shares are deducted from net income in the calculation of earnings per common share. YEAR ENDED DECEMBER 31, 2016 2015 2014 (IN THOUSANDS, EXCEPT PER SHARE DATA) Numerator: Net income $ 2,310 $ 5,997 $ 3,023 Preferred stock dividends 15 210 210 Net income available to common shareholders $ 2,295 $ 5,787 $ 2,813 Denominator: Weighted average common shares outstanding (basic) 18,896 18,863 18,793 Effect of stock options 59 70 115 Weighted average common shares outstanding (diluted) 18,955 18,933 18,908 Earnings per common share: Basic $ 0.12 $ 0.31 $ 0.15 Diluted 0.12 0.31 0.15
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	STOCK-BASED COMPENSATION: The Company uses the modified prospective method for accounting of stock-based compensation. The Company recognized $ 20,000 29,000 42,000
Comprehensive Income, Policy [Policy Text Block]	ACCUMULATED OTHER COMPREHENSIVE LOSS: The Company presents the components of other comprehensive income (loss) in the Consolidated Statements of Comprehensive Income. These components are comprised of the change in the defined benefit pension obligation and the unrealized holding gains (losses) on available for sale securities, net of any reclassification adjustments for realized gains and losses.
Cash and Cash Equivalents, Policy [Policy Text Block]	CONSOLIDATED STATEMENT OF CASH FLOWS: On a consolidated basis, cash and cash equivalents include cash and due from depository institutions, interest bearing deposits, and short-term investments in money market funds. The Company made $ 375,000 1,554,000 1,063,000 172,000 189,000 660,000 7,746,000 6,575,000 6,475,000
Income Tax, Policy [Policy Text Block]	INCOME TAXES: Deferred tax assets or liabilities are computed based on the difference between the financial statement and income tax basis of assets and liabilities using the enacted marginal tax rate. Deferred income tax expenses or credits are based on the changes in the corresponding asset or liability from period to period. Deferred tax assets are reduced, if necessary, by the amounts of such benefits that are not expected to be realized based upon available evidence.
Derivatives, Policy [Policy Text Block]	INTEREST RATE CONTRACTS: The Company recognizes all derivatives as either assets or liabilities on the Consolidated Balance Sheets and measures those instruments at fair value. For derivatives designated as fair value hedges, changes in the fair value of the derivative and hedged item related to the hedged risk are recognized in earnings. Changes in fair value of derivatives designated and accounted as cash flow hedges, to the extent they are effective as hedges, are recorded in “Other Comprehensive Income,” net of deferred taxes and are subsequently reclassified to earnings when the hedged transaction affects earnings. Any hedge ineffectiveness would be recognized in the income statement line item pertaining to the hedged item. The Company periodically enters into derivative instruments to meet the financing, interest rate and equity risk management needs of its customers. Upon entering into these instruments to meet customer needs, the Company enters into offsetting positions to minimize interest rate and equity risk to the Company. These derivative financial instruments are reported at fair value with any resulting gain or loss recorded in current period earnings. These instruments and their offsetting positions are recorded in other assets and other liabilities on the Consolidated Balance Sheets.
Pension and Other Postretirement Plans, Policy [Policy Text Block]	PENSION: Pension costs and liabilities are dependent on assumptions used in calculating such amounts. These assumptions include discount rates, benefits earned, interest costs, expected return on plan assets, mortality rates, and other factors. In accordance with GAAP, actual results that differ from the assumptions are accumulated and amortized over future periods and, therefore, generally affect recognized expense and the recorded obligation of future periods. While management believes that the assumptions used are appropriate, differences in actual experience or changes in assumptions may affect the Company’s pension obligations and future expense. In conjunction with the annual measurement of the funded status of Company’s pension plan at December 31, 2016, management elected to change the manner in which the service cost and interest cost components of net periodic benefit cost will be determined in 2017 and beyond. Previously, the service cost and interest cost components were determined by multiplying the single equivalent rate described above and the aggregate discounted cash flows of the plan’s service cost and projected benefit obligations. Under the new methodology, the service cost component will be determined by aggregating the product of the discounted cash flows of the plan’s service cost for each year and an individual spot rate (referred to as the “spot rate” approach). The interest cost component will be determined by aggregating the product of the discounted cash flows of the plan’s projected benefit obligations for each year and an individual spot rate. This change will result in a lower service cost and interest cost components of net periodic benefit cost under the new methodology compared to the previous methodology. Management believes this new methodology, which represents a change in an accounting estimate, is a better measure of the service cost and interest cost as each year’s cash flows are specifically linked to the interest rates of bond payments in the same respective year. Our pension benefits are described further in Note 14 of the Notes to Consolidated Financial Statements.
Fair Value Measurement, Policy [Policy Text Block]	FAIR VALUE OF FINANCIAL INSTRUMENTS: We group our assets at fair value in three levels, based on the markets in which the assets are traded and the reliability of the assumptions used to determine fair value. These levels are: Level I — Valuation is based upon quoted prices for identical instruments traded in active markets. Level II — Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market. Level III — Valuation is generated from model-based techniques that use significant assumptions not observable in the market. These unobservable assumptions reflect the Company’s own estimates of assumptions that market participants would use in pricing the asset. We base our fair values on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. It is our policy to maximize the use of observable inputs and minimize the use of unobservable inputs when developing fair value measurements, in accordance with the fair value hierarchy in generally accepted accounting principles. Fair value measurements for most of our assets are obtained from independent pricing services that we have engaged for this purpose. When available, we, or our independent pricing service, use quoted market prices to measure fair value. If market prices are not available, fair value measurement is based upon models that incorporate available trade, bid, and other market information. Subsequently, all of our financial instruments use either of the foregoing methodologies to determine fair value adjustments recorded to our financial statements. In certain cases, however, when market observable inputs for model-based valuation techniques may not be readily available, we are required to make judgments about assumptions market participants would use in estimating the fair value of financial instruments. The degree of management judgment involved in determining the fair value of a financial instrument is dependent upon the availability of quoted market prices or observable market parameters. For financial instruments that trade actively and have quoted market prices or observable market parameters, there is minimal subjectivity involved in measuring fair value. When observable market prices and parameters are not fully available, management judgment is necessary to estimate fair value. In addition, changes in the market conditions may reduce the availability of quoted prices or observable data. When market data is not available, we use valuation techniques requiring more management judgment to estimate the appropriate fair value measurement. Therefore, the results cannot be determined with precision and may not be realized in an actual sale or immediate settlement of the asset. Additionally, there may be inherent weaknesses in any calculation technique, and changes in the underlying assumptions used, including discount rates and estimates of future cash flows, that could significantly affect the results of current or future valuations
New Accounting Pronouncements, Policy [Policy Text Block]	RECENT ACCOUNTING STANDARDS: In January 2016, the FASB issued ASU 2016-01, Financial Instruments — Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) In March 2016, the FASB issued ASU 2016-05, Derivatives and Hedging (Topic 815) . In June 2016, the FASB issued ASU 2016-13, Financial Instruments — Credit Losses: Measurement of Credit Losses on Financial Instruments In January 2017, the FASB issued ASU No. 2017-03 “Accounting Changes and Error Corrections (Topic 250) and Investments — Equity Method and Joint Ventures (Topic 323): Amendments to SEC Paragraphs Pursuant to Staff Announcements at the September 22, 2016 and November 17, 2016 EITF Meetings.” ASU 2017-03 provides amendments that add paragraph 250-10-S99-6 which includes the text of “SEC Staff Announcement: Disclosure of the Impact That Recently Issued Accounting Standards Will Have on the Financial Statements of a Registrant When Such Standards Are Adopted in a Future Period (in accordance with Staff Accounting Bulletin (SAB) Topic 11.M). This announcement applies to ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606); ASU No. 2016-02, Leases (Topic 842); and ASU 2016-03, Financial Instruments — Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, and subsequent amendments. The Company has enhanced its disclosures regarding the impact that recently issued accounting standards adopted in a future period will have on its accounting and disclosures in this footnote.

SUMMARY OF SIGNIFICANT ACCOUN33

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	YEAR ENDED DECEMBER 31, 2016 2015 2014 (IN THOUSANDS, EXCEPT PER SHARE DATA) Numerator: Net income $ 2,310 $ 5,997 $ 3,023 Preferred stock dividends 15 210 210 Net income available to common shareholders $ 2,295 $ 5,787 $ 2,813 Denominator: Weighted average common shares outstanding (basic) 18,896 18,863 18,793 Effect of stock options 59 70 115 Weighted average common shares outstanding (diluted) 18,955 18,933 18,908 Earnings per common share: Basic $ 0.12 $ 0.31 $ 0.15 Diluted 0.12 0.31 0.15

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	12 Months Ended
	Dec. 31, 2016
Investment Securities [Abstract]
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]	Investment securities available for sale: AT DECEMBER 31, 2016 COST GROSS GROSS FAIR (IN THOUSANDS) U.S. Agency $ 400 $ — $ (2 ) $ 398 Taxable municipal 3,793 3 (174 ) 3,622 Corporate bonds 34,403 194 (724 ) 33,873 U.S. Agency mortgage-backed securities 88,738 1,132 (686 ) 89,184 Total $ 127,334 $ 1,329 $ (1,586 ) $ 127,077 Investment securities held to maturity: AT DECEMBER 31, 2016 COST GROSS GROSS FAIR (IN THOUSANDS) U.S. Agency mortgage-backed securities $ 11,177 $ 180 $ (79 ) $ 11,278 Taxable municipal 13,441 70 (348 ) 13,163 Corporate bonds and other securities 6,047 15 (83 ) 5,979 Total $ 30,665 $ 265 $ (510 ) $ 30,420 Investment securities available for sale: AT DECEMBER 31, 2015 COST GROSS GROSS FAIR (IN THOUSANDS) U.S. Agency $ 2,900 $ — $ (19 ) $ 2,881 Corporate bonds 18,541 18 (307 ) 18,252 U.S. Agency mortgage-backed securities 96,801 1,975 (442 ) 98,334 Total $ 118,242 $ 1,993 $ (768 ) $ 119,467 Investment securities held to maturity: AT DECEMBER 31, 2015 COST GROSS GROSS FAIR (IN THOUSANDS) U.S. Agency mortgage-backed securities $ 10,827 $ 247 $ (53 ) $ 11,021 Taxable municipal 5,592 67 (65 ) 5,594 Corporate bonds and other securities 5,000 3 (85 ) 4,918 Total $ 21,419 $ 317 $ (203 ) $ 21,533
Schedule of Unrealized Loss on Investments [Table Text Block]	The following tables present information concerning investments with unrealized losses as of December 31, 2016 (in thousands): Total investment securities: LESS THAN 12 MONTHS 12 MONTHS OR TOTAL FAIR UNREALIZED FAIR UNREALIZED FAIR UNREALIZED U.S. Agency $ 398 $ (2 ) $ — $ — $ 398 $ (2 ) U.S. Agency mortgage-backed securities 49,918 (703 ) 1,576 (62 ) 51,494 (765 ) Taxable municipal 13,301 (522 ) — — 13,301 (522 ) Corporate bonds and other securities 20,380 (570 ) 6,762 (237 ) 27,142 (807 ) Total $ 83,997 $ (1,797 ) $ 8,338 $ (299 ) $ 92,335 $ (2,096 ) The following tables present information concerning investments with unrealized losses as of December 31, 2015 (in thousands): Total investment securities: LESS THAN 12 MONTHS 12 MONTHS OR TOTAL FAIR UNREALIZED FAIR UNREALIZED FAIR UNREALIZED U.S. Agency $ 1,486 $ (14 ) $ 395 $ (5 ) $ 1,881 $ (19 ) U.S. Agency mortgage-backed securities 33,359 (245 ) 9,088 (250 ) 42,447 (495 ) Taxable municipal 3,617 (65 ) — — 3,617 (65 ) Corporate bonds and other securities 8,884 (160 ) 7,766 (232 ) 16,650 (392 ) Total $ 47,346 $ (484 ) $ 17,249 $ (487 ) $ 64,595 $ (971 )
Schedule of Contractual Maturities of Securities [Table Text Block]	AT DECEMBER 31, 2016 U.S. AGENCY U.S. AGENCY CORPORATE BONDS AND OTHER TOTAL INVESTMENT (IN THOUSANDS, EXCEPT YIELDS) COST BASIS Within 1 year $ — —% $ — —% $ 5,000 2.17 % $ 5,000 2.17 % After 1 year but within 5 years 400 1.03 322 4.24 6,002 2.88 6,724 2.84 After 5 years but within 10 years — — 17,628 3.10 25,263 3.39 42,891 3.27 After 10 years but within 15 years — — 37,484 2.29 1,931 3.68 39,415 2.35 Over 15 years — — 33,304 2.12 — — 33,304 2.12 Total $ 400 1.03 $ 88,738 2.39 $ 38,196 3.16 $ 127,334 2.62 FAIR VALUE Within 1 year $ — $ — $ 4,981 $ 4,981 After 1 year but within 5 years 398 331 5,917 6,646 After 5 years but within 10 years — 18,194 24,789 42,983 After 10 years but within 15 years — 37,288 1,808 39,096 Over 15 years — 33,371 — 33,371 Total $ 398 $ 89,184 $ 37,495 $ 127,077 AT DECEMBER 31, 2016 U.S. AGENCY CORPORATE TOTAL INVESTMENT (IN THOUSANDS, EXCEPT YIELDS) COST BASIS Within 1 year $ — —% $ — —% $ — —% After 1 year but within 5 years — — 3,400 1.87 3,400 1.87 After 5 years but within 10 years 2,835 2.40 8,134 3.73 10,969 3.39 After 10 years but within 15 years 1,458 3.33 6,882 3.50 8,340 3.47 Over 15 years 6,884 2.90 1,072 4.54 7,956 3.12 Total $ 11,177 2.83 $ 19,488 3.37 $ 30,665 3.17 FAIR VALUE Within 1 year $ — $ — $ — After 1 year but within 5 years — 3,351 3,351 After 5 years but within 10 years 2,810 8,016 10,826 After 10 years but within 15 years 1,510 6,687 8,197 Over 15 years 6,958 1,088 8,046 Total $ 11,278 $ 19,142 $ 30,420

LOANS (Tables)

LOANS (Tables)	12 Months Ended
	Dec. 31, 2016
Loans [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	The loan portfolio of the Company consisted of the following: AT DECEMBER 31, 2016 2015 (IN THOUSANDS) Commercial $ 171,529 $ 181,066 Commercial loans secured by real estate 446,598 421,637 Real estate-mortgage 245,765 257,937 Consumer 19,872 20,344 Loans, net of unearned income $ 883,764 $ 880,984

ALLOWANCE FOR LOAN LOSSES (Tabl

ALLOWANCE FOR LOAN LOSSES (Tables)	12 Months Ended
	Dec. 31, 2016
Allowance for Loan Losses [Abstract]
Allowance for Credit Losses on Financing Receivables [Table Text Block]	The following table summarizes the rollforward of the allowance for loan losses by portfolio segment (in thousands). BALANCE AT CHARGE- RECOVERIES PROVISION BALANCE AT Commercial $ 4,244 $ (3,648 ) $ 140 $ 3,305 $ 4,041 Commercial loans secured by real estate 3,449 (13 ) 40 108 3,584 Real estate-mortgage 1,173 (291 ) 147 140 1,169 Consumer 151 (344 ) 30 314 151 Allocation for general risk 904 — — 83 987 Total $ 9,921 $ (4,296 ) $ 357 $ 3,950 $ 9,932 BALANCE AT CHARGE- RECOVERIES PROVISION BALANCE AT Commercial $ 3,262 $ (170 ) $ 101 $ 1,051 $ 4,244 Commercial loans secured by real estate 3,902 (250 ) 111 (314 ) 3,449 Real estate-mortgage 1,310 (753 ) 171 445 1,173 Consumer 190 (188 ) 26 123 151 Allocation for general risk 959 — — (55 ) 904 Total $ 9,623 $ (1,361 ) $ 409 $ 1,250 $ 9,921 BALANCE AT CHARGE- RECOVERIES PROVISION BALANCE AT Commercial $ 2,844 $ (172 ) $ 141 $ 449 $ 3,262 Commercial loans secured by real estate 4,885 (708 ) 231 (506 ) 3,902 Real estate-mortgage 1,260 (322 ) 71 301 1,310 Consumer 136 (121 ) 24 151 190 Allocation for general risk 979 — — (20 ) 959 Total $ 10,104 $ (1,323 ) $ 467 $ 375 $ 9,623
Schedule of Primary Segments of Loan Portfolio [Table Text Block]	The following tables summarize the loan portfolio and allowance for loan loss by the primary segments of the loan portfolio. AT DECEMBER 31, 2016 (IN THOUSANDS) Loans: COMMERCIAL COMMERCIAL REAL ESTATE- CONSUMER TOTAL Individually evaluated for impairment $ 496 $ 178 $ — $ — $ 674 Collectively evaluated for impairment 171,033 446,420 245,765 19,872 883,090 Total loans $ 171,529 $ 446,598 $ 245,765 $ 19,872 $ 883,764 AT DECEMBER 31, 2016 (IN THOUSANDS) Allowance for loan losses: COMMERCIAL COMMERCIAL REAL ESTATE- CONSUMER ALLOCATION TOTAL Specific reserve allocation $ 496 $ 31 $ — $ — $ — $ 527 General reserve allocation 3,545 3,553 1,169 151 987 9,405 Total allowance for loan losses $ 4,041 $ 3,584 $ 1,169 $ 151 $ 987 $ 9,932 AT DECEMBER 31, 2015 (IN THOUSANDS) Loans: COMMERCIAL COMMERCIAL REAL ESTATE- CONSUMER TOTAL Individually evaluated for impairment $ 4,416 $ 86 $ — $ — $ 4,502 Collectively evaluated for impairment 176,650 421,551 257,937 20,344 876,482 Total loans $ 181,066 $ 421,637 $ 257,937 $ 20,344 $ 880,984 AT DECEMBER 31, 2015 (IN THOUSANDS) Allowance for loan losses: COMMERCIAL COMMERCIAL REAL CONSUMER ALLOCATION TOTAL Specific reserve allocation $ 1,387 $ — $ — $ — $ — $ 1,387 General reserve allocation 2,857 3,449 1,173 151 904 8,534 Total allowance for loan losses $ 4,244 $ 3,449 $ 1,173 $ 151 $ 904 $ 9,921
Impaired Financing Receivables [Table Text Block]	The following tables present impaired loans by class, segregated by those for which a specific allowance was required and those for which a specific allowance was not necessary. AT DECEMBER 31, 2016 IMPAIRED LOANS WITH IMPAIRED TOTAL IMPAIRED LOANS RECORDED RELATED RECORDED RECORDED UNPAID (IN THOUSANDS) Commercial $ 496 $ 496 $ — $ 496 $ 517 Commercial loans secured by real estate 162 31 16 178 209 Total impaired loans $ 658 $ 527 $ 16 $ 674 $ 726 AT DECEMBER 31, 2015 IMPAIRED LOANS WITH IMPAIRED TOTAL IMPAIRED LOANS RECORDED RELATED RECORDED RECORDED UNPAID (IN THOUSANDS) Commercial $ 4,416 $ 1,387 $ — $ 4,416 $ 4,421 Commercial loans secured by real estate — — 86 86 522 Total impaired loans $ 4,416 $ 1,387 $ 86 $ 4,502 $ 4,943
Schedule of Average Recorded Investment in Impaired Loans and Related Interest Income Recognized [Table Text Block]	The following table presents the average recorded investment in impaired loans and related interest income recognized for the periods indicated. YEAR ENDED DECEMBER 31, 2016 2015 2014 (IN THOUSANDS) Average impaired balance: Commercial $ 718 $ 1,271 $ — Commercial loans secured by real estate 356 866 1,756 Consumer — 9 — Average investment in impaired loans $ 1,074 $ 2,146 $ 1,756 Interest income recognized: Commercial $ 14 $ 10 $ — Commercial loans secured by real estate 8 17 12 Consumer — — — Interest income recognized on a cash basis on impaired loans $ 22 $ 27 $ 12
Financing Receivable Credit Quality Indicators [Table Text Block]	The following table presents the classes of the loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system. AT DECEMBER 31, 2016 PASS SPECIAL SUBSTANDARD DOUBTFUL TOTAL (IN THOUSANDS) Commercial $ 168,116 $ 1,087 $ 1,830 $ 496 $ 171,529 Commercial loans secured by real estate 436,318 7,497 2,767 16 446,598 Total $ 604,434 $ 8,584 $ 4,597 $ 512 $ 618,127 AT DECEMBER 31, 2015 PASS SPECIAL MENTION SUBSTANDARD DOUBTFUL TOTAL (IN THOUSANDS) Commercial $ 174,616 $ 1,811 $ 3,318 $ 1,321 $ 181,066 Commercial loans secured by real estate 416,331 3,100 2,188 18 421,637 Total $ 590,947 $ 4,911 $ 5,506 $ 1,339 $ 602,703
Schedule of Financing Receivable Performing and Nonperforming [Table Text Block]	The following tables present the performing and non-performing outstanding balances of the residential and consumer portfolios. AT DECEMBER 31, 2016 PERFORMING NON- (IN THOUSANDS) Real estate-mortgage $ 244,836 $ 929 Consumer 19,872 — Total $ 264,708 $ 929 AT DECEMBER 31, 2015 PERFORMING NON- (IN THOUSANDS) Real estate-mortgage $ 256,149 $ 1,788 Consumer 20,344 — Total $ 276,493 $ 1,788
Past Due Financing Receivables [Table Text Block]	The following tables present the classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans. AT DECEMBER 31, 2016 CURRENT 30 – 59 60 – 89 90 DAYS TOTAL TOTAL 90 DAYS (IN THOUSANDS) Commercial $ 171,292 $ 237 $ — $ — $ 237 $ 171,529 $ — Commercial loans secured by real estate 446,477 121 — — 121 446,598 — Real estate-mortgage 241,802 2,856 610 497 3,963 245,765 — Consumer 19,795 50 27 — 77 19,872 — Total $ 879,366 $ 3,264 $ 637 $ 497 $ 4,398 $ 883,764 $ — AT DECEMBER 31, 2015 CURRENT 30 – 59 60 – 89 90 DAYS TOTAL TOTAL 90 DAYS (IN THOUSANDS) Commercial $ 176,216 $ 489 $ 4,361 $ — $ 4,850 $ 181,066 $ — Commercial loans secured by real estate 421,247 208 182 — 390 421,637 — Real estate-mortgage 254,288 2,658 442 549 3,649 257,937 — Consumer 20,115 67 162 — 229 20,344 — Total $ 871,866 $ 3,422 $ 5,147 $ 549 $ 9,118 $ 880,984 $ —

NON-PERFORMING ASSETS INCLUDI37

NON-PERFORMING ASSETS INCLUDING TROUBLED DEBT RESTRUCTURINGS (Tables)	12 Months Ended
	Dec. 31, 2016
Nonperforming Assets Including Troubled Debt Restructurings [Abstract]
Schedule Of Nonperforming Assets Including Trouble Debt Restructurings [Table Text Block]	AT DECEMBER 31, 2016 2015 (IN THOUSANDS, EXCEPT PERCENTAGES) Non-accrual loans: Commercial $ 496 $ 4,260 Commercial loans secured by real estate 178 18 Real estate-mortgage 929 1,788 Total 1,603 6,066 Other real estate owned: Real estate-mortgage 21 75 Total 21 75 Total restructured loans not in non-accrual (TDR) — 156 Total non-performing assets including TDR $ 1,624 $ 6,297 Total non-performing assets as a percent of loans, net of unearned income, and other real estate owned 0.18 % 0.71 %
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	The following table sets forth, for the periods indicated, (1) the gross interest income that would have been recorded if non-accrual loans had been current in accordance with their original terms and had been outstanding throughout the period or since origination if held for part of the period, (2) the amount of interest income actually recorded on such loans, and (3) the net reduction in interest income attributable to such loans. YEAR ENDED DECEMBER 31, 2016 2015 2014 (IN THOUSANDS) Interest income due in accordance with original terms $ 118 $ 94 $ 136 Interest income recorded — — — Net reduction in interest income $ 118 $ 94 $ 136
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	The following table details the TDRs at December 31, 2016 (dollars in thousands). Loans in non-accrual status # of Loans Current Concession Granted Commercial 2 $ 496 Extension of maturity date Commercial loan secured by real estate 1 16 Extension of maturity date The following table details the TDRs at December 31, 2015 (dollars in thousands). Loans in non-accrual status # of Loans Current Concession Granted Commercial loan secured by real estate 6 $ 4,320 Extension of maturity date Loans in accrual status # of Loans Current Concession Granted Commercial loan secured by real estate 1 $ 156 Extension of maturity date The following table details the TDRs at December 31, 2014 (dollars in thousands). Loans in non-accrual status # of Loans Current Concession Granted Commercial loan secured by real estate 2 $ 210 Extension of maturity date Loans in accrual status # of Loans Current Concession Granted Commercial loan secured by real estate 2 $ 742 Extension of maturity date

PREMISES AND EQUIPMENT (Tables)

PREMISES AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	An analysis of premises and equipment follows: AT DECEMBER 31, 2016 2015 (IN THOUSANDS) Land $ 1,198 $ 1,198 Premises 24,670 24,096 Furniture and equipment 7,949 8,291 Leasehold improvements 708 696 Total at cost 34,525 34,281 Less: Accumulated depreciation and amortization 22,831 22,173 Premises and equipment, net $ 11,694 $ 12,108

DEPOSITS (Tables)

DEPOSITS (Tables)	12 Months Ended
	Dec. 31, 2016
Deposits [Abstract]
Schedule Of Deposit Liabilities [Table Text Block]	The following table sets forth the balance of the Company’s deposits: AT DECEMBER 31, 2016 2015 (IN THOUSANDS) Demand: Non-interest bearing $ 188,808 $ 188,947 Interest bearing 163,801 92,037 Savings 96,475 93,949 Money market 258,978 258,818 Certificates of deposit in denominations of $100,000 or more 27,427 31,422 Other time 232,297 238,121 Total deposits $ 967,786 $ 903,294
Interest Income and Interest Expense Disclosure [Table Text Block]	Interest expense on deposits consisted of the following: YEAR ENDED DECEMBER 31, 2016 2015 2014 (IN THOUSANDS) Interest bearing demand $ 317 $ 199 $ 191 Savings 159 156 144 Money market 1,198 817 761 Certificates of deposit in denominations of $100,000 or more 283 266 268 Other time 3,443 3,314 3,525 Total interest expense $ 5,400 $ 4,752 $ 4,889
Schedule Of Maturities Of Time Deposits [Table Text Block]	The following table sets forth the balance of other time deposits and certificates of deposit of $100,000 or more as of December 31, 2016 maturing in the periods presented: YEAR: OTHER CERTIFICATES (IN THOUSANDS) 2017 $ 78,380 $ 21,388 2018 55,053 2,962 2019 37,017 1,818 2020 32,134 1,160 2021 11,835 — 2022 and after 17,878 99 Total $ 232,297 $ 27,427
Schedule Of Maturities Of Time Deposits Of One Hundred Thousand Or More [Table Text Block]	The maturities on certificates of deposit greater than $100,000 or more as of December 31, 2016, are as follows: MATURING IN: (IN THOUSANDS) Three months or less $ 5,800 Over three through six months 8,753 Over six through twelve months 6,835 Over twelve months 6,039 Total $ 27,427

SHORT-TERM BORROWINGS (Tables)

SHORT-TERM BORROWINGS (Tables)	12 Months Ended
	Dec. 31, 2016
Short-term Debt [Abstract]
Schedule of Short-term Debt [Table Text Block]	Short-term borrowings, which consist of federal funds purchased and other short-term borrowings are summarized as follows: AT DECEMBER 31, 2016 FEDERAL SHORT-TERM (IN THOUSANDS, EXCEPT RATES) Balance $ — $ 12,754 Maximum indebtedness at any month end — 56,686 Average balance during year — 9,030 Average rate paid for the year — 0.58 % Interest rate on year-end balance — 0.74 AT DECEMBER 31, 2015 FEDERAL SHORT-TERM (IN THOUSANDS, EXCEPT RATES) Balance $ — $ 48,748 Maximum indebtedness at any month end — 65,071 Average balance during year — 24,582 Average rate paid for the year — 0.35 % Interest rate on year-end balance — 0.43 AT DECEMBER 31, 2014 FEDERAL OTHER (IN THOUSANDS, EXCEPT RATES) Balance $ — $ 38,880 Maximum indebtedness at any month end — 47,762 Average balance during year — 18,783 Average rate paid for the year — 0.29 % Interest rate on year-end balance — 0.27

ADVANCES FROM FEDERAL HOME LO41

ADVANCES FROM FEDERAL HOME LOAN BANK, GUARANTEED JUNIOR SUBORDINATED DEFERRABLE INTEREST DEBENTURES AND SUBORDINATED DEBT (Tables)	12 Months Ended
	Dec. 31, 2016
Long-term Debt, Unclassified [Abstract]
Schedule of Federal Home Loan Bank, Advances, by Branch of FHLB Bank [Table Text Block]	Advances from the FHLB consist of the following: AT DECEMBER 31, 2016 MATURING WEIGHTED BALANCE (IN THOUSANDS, EXCEPT RATES) 2017 1.06 $ 12,000 2018 1.48 12,000 2019 1.51 12,500 2020 1.59 8,042 2021 1.60 1,000 Total advances from FHLB 1.37 $ 45,542

DISCLOSURES ABOUT FAIR VALUE 42

DISCLOSURES ABOUT FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
	Dec. 31, 2016
Disclosures about Fair Value Measurements [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Assets and liability measured at fair value on a recurring basis are summarized below (in thousands): FAIR VALUE MEASUREMENTS AT DECEMBER 31, 2016 USING TOTAL (LEVEL 1) (LEVEL 2) (LEVEL 3) Assets: U.S. Agency securities $ 398 $ — $ 398 $ — Taxable municipal 3,622 — 3,622 — Corporate bonds 33,873 — 33,873 — U.S. Agency mortgage-backed securities 89,184 — 89,184 — FAIR VALUE MEASUREMENTS AT DECEMBER 31, 2015 USING TOTAL (LEVEL 1) (LEVEL 2) (LEVEL 3) Assets: U.S. Agency securities $ 2,881 $ — $ 2,881 $ — Corporate bonds 18,252 — 18,252 — U.S. Agency mortgage-backed securities 98,334 — 98,334 —
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Table Text Block]	FAIR VALUE MEASUREMENTS AT DECEMBER 31, 2016 USING TOTAL (LEVEL 1) (LEVEL 2) (LEVEL 3) Assets: Impaired loans $ 147 $ — $ — $ 147 Other real estate owned 21 — — 21 FAIR VALUE MEASUREMENTS AT DECEMBER 31, 2015 USING TOTAL (LEVEL 1) (LEVEL 2) (LEVEL 3) Assets: Impaired loans $ 3,115 $ — $ — $ 3,115 Other real estate owned 75 — — 75 Quantitative Information About Level 3 Fair Value Measurements Fair Valuation Techniques Unobservable Input Range (Wgtd Ave) Impaired loans $ 147 Appraisal of collateral (1) Appraisal adjustments (2) 40% to 99% (45%) Other real estate owned 21 Appraisal of collateral (1),(3) Appraisal adjustments (2) 20% to 77% (42%) Liquidation expenses (2) 3% to 199% (37%) December 31, 2015 Quantitative Information About Level 3 Fair Value Measurements Fair Valuation Techniques Unobservable Input Range (Wgtd Ave) Impaired loans $ 3,115 Appraisal of collateral (1) Appraisal adjustments (2) 15% to 20% (17%) Other real estate owned 75 Appraisal of collateral (1),(3) Appraisal adjustments (2) 23% to 49% (35%) Liquidation expenses (2) 10% to 59% (25%)

DISCLOSURES ABOUT FAIR VALUE 43

DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Dec. 31, 2016
Disclosures About Fair Value Of Financial Instruments [Abstract]
Fair Value, by Balance Sheet Grouping [Table Text Block]	AT DECEMBER 31, 2016 Carrying Fair (Level 1) (Level 2) (Level 3) (IN THOUSANDS) FINANCIAL ASSETS: Cash and cash equivalents $ 34,073 $ 34,073 $ 34,073 $ — $ — Investment securities – AFS 127,077 127,077 — 127,077 — Investment securities – HTM 30,665 30,420 — 27,473 2,947 Regulatory stock 5,484 5,484 5,484 — — Loans held for sale 3,094 3,158 3,158 — — Loans, net of allowance for loan loss and unearned income 873,832 869,960 — — 869,960 Accrued interest income receivable 3,116 3,116 3,116 — — Bank owned life insurance 37,903 37,903 37,903 — — FINANCIAL LIABILITIES: Deposits with no stated maturities $ 708,062 $ 708,062 $ 708,062 $ — $ — Deposits with stated maturities 259,724 261,446 — — 261,446 Short-term borrowings 12,754 12,754 12,754 — — All other borrowings 65,891 69,348 — — 69,348 Accrued interest payable 1,640 1,640 1,640 — — AT DECEMBER 31, 2015 Carrying Fair (Level 1) (Level 2) (Level 3) (IN THOUSANDS) FINANCIAL ASSETS: Cash and cash equivalents $ 48,510 $ 48,510 $ 48,510 $ — $ — Investment securities – AFS 119,467 119,467 — 119,467 — Investment securities – HTM 21,419 21,533 — 18,608 2,925 Regulatory stock 6,753 6,753 6,753 — — Loans held for sale 3,003 3,041 3,041 — — Loans, net of allowance for loan loss and unearned income 871,063 869,591 — — 869,591 Accrued interest income receivable 3,057 3,057 3,057 — — Bank owned life insurance 37,228 37,228 37,228 — — FINANCIAL LIABILITIES: Deposits with no stated maturities $ 633,751 $ 633,751 $ 633,751 $ — $ — Deposits with stated maturities 269,543 271,909 — — 271,909 Short-term borrowings 48,748 48,748 48,748 — — All other borrowings 68,310 72,241 — — 72,241 Accrued interest payable 1,651 1,651 1,651 — —

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	The expense for income taxes is summarized below: YEAR ENDED DECEMBER 31, 2016 2015 2014 (IN THOUSANDS) Current $ 483 $ 1,455 $ 1,036 Deferred 414 888 562 Income tax expense $ 897 $ 2,343 $ 1,598
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	The reconciliation between the federal statutory tax rate and the Company’s effective consolidated income tax rate is as follows: 2016 2015 2014 AMOUNT RATE AMOUNT RATE AMOUNT RATE (IN THOUSANDS, EXCEPT PERCENTAGES) Income tax expense based on federal statutory rate $ 1,090 34.0 % $ 2,836 34.0 % $ 1,571 34.0 % Tax exempt income (255 ) (7.9 ) (574 ) (6.9 ) (274 ) (5.9 ) Other 62 1.9 81 1.0 301 6.5 Total expense for income taxes $ 897 28.0 % $ 2,343 28.1 % $ 1,598 34.6 %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	The following table highlights the major components comprising the deferred tax assets and liabilities for each of the periods presented: AT DECEMBER 31, 2016 2015 (IN THOUSANDS) DEFERRED TAX ASSETS: Allowance for loan losses $ 3,377 $ 3,373 Unfunded commitment reserve 303 298 Unrealized investment security losses 87 — Premises and equipment 1,542 1,602 Accrued pension obligation 2,582 1,658 Alternative minimum tax credits 2,110 2,248 Other 895 487 Total tax assets 10,896 9,666 DEFERRED TAX LIABILITIES: Investment accretion (24 ) (16 ) Unrealized investment security gains — (420 ) Other (217 ) (237 ) Total tax liabilities (241 ) (673 ) Net deferred tax asset $ 10,655 $ 8,993
Schedule Of Changes In Deferred Taxes [Table Text Block]	The change in net deferred tax assets and liabilities consist of the following: YEAR ENDED 2016 2015 (IN THOUSANDS) Unrealized gains recognized in comprehensive income $ 507 $ 530 Pension obligation of the defined benefit plan not yet recognized in income 1,569 (197 ) Deferred provision for income taxes (414 ) (888 ) Net increase (decrease) $ 1,662 $ (555 )

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)	12 Months Ended
	Dec. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Schedule of Defined Benefit Plans Disclosures [Table Text Block]	YEAR ENDED 2016 2015 (IN THOUSANDS) CHANGE IN BENEFIT OBLIGATION: Benefit obligation at beginning of year $ 33,117 $ 33,701 Service cost 1,468 1,557 Interest cost 1,430 1,341 Actuarial (gain) loss 4,578 (1,063 ) Benefits paid (1,956 ) (2,419 ) Benefit obligation at end of year 38,637 33,117 YEAR ENDED 2016 2015 (IN THOUSANDS) CHANGE IN PLAN ASSETS: Fair value of plan assets at beginning of year 28,429 27,367 Actual return on plan assets 348 (154 ) Employer contributions 3,850 3,635 Benefits paid (1,956 ) (2,419 ) Fair value of plan assets at end of year 30,671 28,429 Funded status of the plan – under funded $ (7,966 ) $ (4,688 )
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block]	2016 2015 (IN THOUSANDS) AMOUNTS NOT YET RECOGNIZED AS A COMPONENT OF NET PERIODIC PENSION COST: Amounts recognized in accumulated other comprehensive loss consists of: Net actuarial loss $ 17,602 $ 12,431 Total $ 17,602 $ 12,431
Schedule of Accumulated and Projected Benefit Obligations [Table Text Block]	YEAR ENDED 2016 2015 (IN THOUSANDS) ACCUMULATED BENEFIT OBLIGATION: Accumulated benefit obligation $ 35,153 $ 30,606
Schedule Of Assumptions Used To Calculate Benefit Obligations [Table Text Block]	The weighted-average assumptions used to determine benefit obligations at December 31, 2016 and 2015 were as follows: YEAR ENDED 2016 2015 WEIGHTED AVERAGE ASSUMPTIONS: Discount rate 4.12 % 4.20 % Salary scale 2.50 2.50
Schedule of Net Benefit Costs [Table Text Block]	YEAR ENDED DECEMBER 31, 2016 2015 2014 (IN THOUSANDS) COMPONENTS OF NET PERIODIC BENEFIT COST: Service cost $ 1,468 $ 1,557 $ 1,601 Interest cost 1,430 1,341 1,368 Expected return on plan assets (2,275 ) (2,130 ) (1,991 ) Amortization of prior year service cost — — (19 ) Special termination benefit liability — — 376 Recognized net actuarial loss 1,333 1,386 1,181 Net periodic pension cost $ 1,956 $ 2,154 $ 2,516
Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]	YEAR ENDED DECEMBER 31, 2016 2015 2014 (IN THOUSANDS) OTHER CHANGES IN PLAN ASSETS AND BENEFIT OBLIGATIONS RECOGNIZED IN OTHER COMPREHENSIVE LOSS Net loss $ 6,505 $ 1,221 $ 3,669 Recognized loss (1,333 ) (1,386 ) (1,181 ) Recognized prior service cost — — 19 Total recognized in other comprehensive loss before tax effect $ 5,172 $ (165 ) $ 2,507 Total recognized in net benefit cost and other comprehensive loss before tax effect $ 7,128 $ 1,989 $ 5,023
Schedule Of Assumptions Used To Calculate Net Periodic Benefit Cost [Table Text Block]	The weighted-average assumptions used to determine net periodic benefit cost for the years ended December 31, 2016, 2015 and 2014 were as follows: YEAR ENDED DECEMBER 31, 2016 2015 2014 WEIGHTED AVERAGE ASSUMPTIONS: Discount rate 4.20 % 4.00 % 4.50 % Expected return on plan assets 7.75 8.00 8.00 Rate of compensation increase 2.50 2.50 2.50
Schedule of Allocation of Plan Assets [Table Text Block]	The plan’s measurement date is December 31, 2016. This plan’s asset allocations at December 31, 2016 and 2015, by asset category are as follows: YEAR ENDED 2016 2015 ASSET CATEGORY: Cash and cash equivalents 8 % 6 % Domestic equities 10 7 Mutual funds/ETFs 76 75 International equities 1 1 Corporate bonds 5 11 Total 100 % 100 %
Schedule Of Fair Value Of Plan Assets [Table Text Block]	The major categories of assets in the Company’s Pension Plan as of year end are presented in the following table. Assets are segregated by the level of the valuation inputs within the fair value hierarchy established by ASC Topic 820 utilized to measure fair value. YEAR ENDED 2016 2015 (IN THOUSANDS) Level 1: Cash and cash equivalents $ 2,454 $ 1,611 Domestic equities 3,067 1,978 International equities 307 397 Mutual funds/ETFs 23,310 21,396 Level 2: Corporate bonds 1,533 3,047 Total fair value of plan assets $ 30,671 $ 28,429
Schedule of Expected Benefit Payments [Table Text Block]	The following benefit payments, which reflect future service, as appropriate, are expected to be paid. YEAR: ESTIMATED FUTURE (IN THOUSANDS) 2017 $ 3,174 2018 2,364 2019 2,393 2020 2,740 2021 2,787 Years 2022 – 2026 14,199

LEASE COMMITMENTS (Tables)

LEASE COMMITMENTS (Tables)	12 Months Ended
	Dec. 31, 2016
Leases, Operating [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	The Company’s obligation for future minimum lease payments on operating leases at December 31, 2016, is as follows: YEAR: FUTURE MINIMUM (IN THOUSANDS) 2017 $ 578 2018 390 2019 223 2020 234 2021 234 2022 and thereafter 1,505

STOCK COMPENSATION PLANS (Table

STOCK COMPENSATION PLANS (Tables)	12 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	A summary of the status of the Company’s Stock Incentive Plan at December 31, 2016, 2015, and 2014, and changes during the years then ended is presented in the table and narrative following: YEAR ENDED DECEMBER 31, 2016 2015 2014 SHARES WEIGHTED SHARES WEIGHTED SHARES WEIGHTED Outstanding at beginning of year 470,449 $ 2.74 559,909 $ 2.66 487,349 $ 2.55 Granted 54,000 3.03 32,500 2.96 115,000 3.18 Exercised (32,661 ) 2.27 (75,923 ) 2.07 (10,700 ) 2.25 Forfeited (74,222 ) 3.04 (46,037 ) 3.04 (31,740 ) 3.08 Outstanding at end of year 417,566 2.76 470,449 2.74 559,909 2.66 Exercisable at end of year 328,062 2.69 336,555 2.58 330,822 2.36 Weighted average fair value of options granted in current year $ 0.93 $ 0.67 $ 0.85
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model with the following assumptions used for grants in 2016, 2015, and 2014. YEAR ENDED DECEMBER 31, BLACK-SCHOLES ASSUMPTION RANGES 2016 2015 2014 Risk-free interest rate 1.56 – 1.73% 1.97% 2.43 – 2.74% Expected lives in years 10 10 10 Expected volatility 29% 22% 28 – 29% Expected dividend rate 1.35 – 1.81% 1.35% 1.25 – 1.30%

ACCUMULATED OTHER COMPREHENSI48

ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)	12 Months Ended
	Dec. 31, 2016
Accumulated Comprehensive Loss [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	The following table presents the changes in each component of accumulated other comprehensive loss, net of tax, for the periods ending December 31, 2016 and 2015 (in thousands): YEAR ENDING DECEMBER 31, 2016 YEAR ENDING DECEMBER 31, 2015 Net (1) Defined (1) Total (1) Net (1) Defined (1) Total (1) Beginning balance $ 808 $ (8,363 ) $ (7,555 ) $ 1,843 $ (8,745 ) $ (6,902 ) Other comprehensive loss before reclassifications (862 ) (3,563 ) (4,425 ) (989 ) (242 ) (1,231 ) Amounts reclassified from accumulated other comprehensive loss (117 ) 520 403 (46 ) 624 578 Net current period other comprehensive income (loss) (979 ) (3,043 ) (4,022 ) (1,035 ) 382 (653 ) Ending balance $ (171 ) $ (11,406 ) $ (11,577 ) $ 808 $ (8,363 ) $ (7,555 ) (1) Amounts in parentheses indicate debits on the Consolidated Balance Sheets.
Schedule Of Amounts Reclassified Out Of Accumulated Other Comprehensive Loss [Table Text Block]	The following table presents the amounts reclassified out of each component of accumulated other comprehensive loss for the periods ending December 31, 2016 and 2015 (in thousands): Amount reclassified from (1) Details about accumulated other YEAR ENDING YEAR ENDING Affected line item in the Unrealized gains and losses on sale of securities $ (177 ) $ (71 ) Net realized gains on investment securities 60 25 Provision for income taxes $ (117 ) $ (46 ) Net of tax Amortization of defined benefit items (2) Recognized net actuarial loss $ 788 $ 946 Salaries and employee benefits (268 ) (322 ) Provision for income taxes $ 520 $ 624 Net of tax Total reclassifications for the period $ 403 $ 578 Net income (1) Amounts in parentheses indicate credits. (2) These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost (see Note 14 for additional details).

SEGMENT RESULTS (Tables)

SEGMENT RESULTS (Tables)	12 Months Ended
	Dec. 31, 2016
Segment Results [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	The contribution of the major business segments to the Consolidated Results of Operations were as follows: YEAR ENDED DECEMBER 31, 2016 RETAIL COMMERCIAL TRUST INVESTMENT/ TOTAL (IN THOUSANDS) Net interest income $ 20,860 $ 18,518 $ 56 $ (5,300) $ 34,134 Provision for loan loss 175 3,775 — — 3,950 Non-interest income 5,281 439 8,749 169 14,638 Non-interest expense 21,704 10,453 7,097 2,361 41,615 Income (loss) before income 4,262 4,729 1,708 (7,492 ) 3,207 Income tax expense (benefit) 1,252 1,387 581 (2,323 ) 897 Net income (loss) $ 3,010 $ 3,342 $ 1,127 $ (5,169) $ 2,310 Total assets $ 357,500 $ 635,843 $ 5,217 $ 155,220 $ 1,153,780 YEAR ENDED DECEMBER 31, 2015 RETAIL COMMERCIAL TRUST INVESTMENT/ TOTAL (IN THOUSANDS) Net interest income $ 20,680 $ 18,390 $ 58 $ (3,767 ) $ 35,361 Provision for loan loss 192 1,058 — — 1,250 Non-interest income 5,537 552 8,683 495 15,267 Non-interest expense 21,849 10,303 6,606 2,280 41,038 Income (loss) before income 4,176 7,581 2,135 (5,552 ) 8,340 Income tax expense (benefit) 1,160 2,167 726 (1,710 ) 2,343 Net income (loss) $ 3,016 $ 5,414 $ 1,409 $ (3,842 ) $ 5,997 Total assets $ 415,008 $ 589,840 $ 5,263 $ 138,386 $ 1,148,497 YEAR ENDED DECEMBER 31, 2014 RETAIL COMMERCIAL TRUST INVESTMENT/ TOTAL (IN THOUSANDS) Net interest income $ 20,141 $ 16,777 $ 47 $ (2,921 ) $ 34,044 Credit provision for loan loss 57 318 — — 375 Non-interest income 5,633 381 8,118 191 14,323 Non-interest expense 22,531 10,868 6,967 3,005 43,371 Income (loss) before income taxes 3,186 5,972 1,198 (5,735 ) 4,621 Income tax expense (benefit) 958 1,819 634 (1,813 ) 1,598 Net income (loss) $ 2,228 $ 4,153 $ 564 $ (3,922 ) $ 3,023 Total assets $ 376,009 $ 563,690 $ 5,015 $ 144,549 $ 1,089,263

REGULATORY CAPITAL (Tables)

REGULATORY CAPITAL (Tables)	12 Months Ended
	Dec. 31, 2016
Regulatory Capital [Abstract]
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	AT DECEMBER 31, 2016 COMPANY BANK MINIMUM TO BE WELL AMOUNT RATIO AMOUNT RATIO RATIO RATIO (IN THOUSANDS, EXCEPT RATIOS) Total Capital (To Risk Weighted Assets) $ 125,131 13.15 % $ 107,618 11.35 % 8.00 % 10.00 % Tier 1 Common Equity (To Risk Weighted Assets) 95,028 9.99 96,796 10.21 4.50 6.50 Tier 1 Capital (To Risk Weighted Assets) 106,868 11.23 96,796 10.21 6.00 8.00 Tier 1 Capital (To Average Assets) 106,868 9.35 96,796 8.61 4.00 5.00 AT DECEMBER 31, 2015 COMPANY BANK MINIMUM TO BE WELL REGULATIONS* AMOUNT RATIO AMOUNT RATIO RATIO RATIO (IN THOUSANDS, EXCEPT RATIOS) Total Capital (To Risk Weighted Assets) $ 144,096 15.55 % $ 106,890 11.67 % 8.00 % 10.00 % Tier 1 Common Equity (To Risk Weighted Assets) 93,202 10.06 96,092 10.49 4.50 6.50 Tier 1 Capital (To Risk Weighted Assets) 125,648 13.56 96,092 10.49 6.00 8.00 Tier 1 Capital (To Average Assets) 125,648 11.41 96,092 8.97 4.00 5.00 * Applies to the Bank only.

PARENT COMPANY FINANCIAL INFO51

PARENT COMPANY FINANCIAL INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Balance Sheet [Table Text Block]	AT DECEMBER 31, 2016 2015 (IN THOUSANDS) ASSETS Cash $ 100 $ 100 Short-term investments in money market funds 5,397 21,793 Investment securities available for sale 6,041 8,484 Equity investment in banking subsidiary 97,158 100,726 Equity investment in non-banking subsidiaries 5,168 6,007 Other assets 2,665 3,197 TOTAL ASSETS $ 116,529 $ 140,307 LIABILITIES Guaranteed junior subordinated deferrable interest debentures $ 12,908 $ 12,892 Subordinated debt 7,441 7,418 Other liabilities 785 1,024 TOTAL LIABILITIES 21,134 21,334 STOCKHOLDERS’ EQUITY Total stockholders’ equity 95,395 118,973 TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 116,529 $ 140,307
Condensed Income Statement [Table Text Block]	STATEMENTS OF OPERATIONS YEAR ENDED DECEMBER 31, 2016 2015 2014 (IN THOUSANDS) INCOME Inter-entity management and other fees $ 2,305 $ 2,432 $ 2,432 Dividends from banking subsidiary 3,000 5,100 1,500 Dividends from non-banking subsidiaries 650 975 870 Interest, dividend and other income 214 669 262 TOTAL INCOME 6,169 9,176 5,064 EXPENSE Interest expense 1,640 1,125 1,121 Salaries and employee benefits 2,314 2,302 2,576 Other expense 1,549 1,563 1,996 TOTAL EXPENSE 5,503 4,990 5,693 INCOME (LOSS) BEFORE INCOME TAXES AND EQUITY IN UNDISTRIBUTED EARNINGS OF SUBSIDIARIES 666 4,187 (629 ) Benefit for income taxes (1,015 ) 642 1,020 Equity in undistributed earnings of subsidiaries 629 1,168 2,632 NET INCOME $ 2,310 $ 5,997 $ 3,023 COMPREHENSIVE INCOME (LOSS) $ (1,712) $ 5,344 $ 1,996
Condensed Cash Flow Statement [Table Text Block]	STATEMENTS OF CASH FLOWS YEAR ENDED DECEMBER 31, 2016 2015 2014 (IN THOUSANDS) OPERATING ACTIVITIES Net income $ 2,310 $ 5,997 $ 3,023 Adjustment to reconcile net income to net cash (used in) provided by operating activities: Equity in undistributed earnings of subsidiaries (629 ) (1,168 ) (2,632 ) Stock compensation expense 20 29 42 Other – net 1,463 842 (505 ) NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 3,164 5,700 (72 ) INVESTING ACTIVITIES Purchase of investment securities – available for sale (996 ) (1,533 ) (2,027 ) Proceeds from maturity of investment securities – available for sale 3,396 4,669 2,284 Proceeds from life insurance policies — 719 — NET CASH PROVIDED BY INVESTING ACTIVITIES 2,400 3,855 257 FINANCING ACTIVITIES Subordinated debt issuance, net — 7,418 — Preferred stock redemption (21,000 ) — — Preferred stock dividends paid (15 ) (210 ) (210 ) Common stock dividends paid (945 ) (754 ) (752 ) NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES (21,960 ) 6,454 (962 ) NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (16,396 ) 16,009 (777 ) CASH AND CASH EQUIVALENTS AT JANUARY 1 21,893 5,884 6,661 CASH AND CASH EQUIVALENTS AT DECEMBER 31 $ 5,497 $ 21,893 $ 5,884

SELECTED QUARTERLY CONSOLIDAT52

SELECTED QUARTERLY CONSOLIDATED FINANCIAL DATA (Tables)	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Information [Table Text Block]	The following table sets forth certain unaudited quarterly consolidated financial data regarding the Company: 2016 QUARTER ENDED DEC. 31 SEPT. 30 JUNE 30 MARCH 31 (IN THOUSANDS, EXCEPT PER SHARE DATA) Interest income $ 10,582 $ 10,476 $ 10,389 $ 10,422 Interest expense 1,998 1,970 1,903 1,864 Net interest income 8,584 8,506 8,486 8,558 Provision for loan losses 300 300 250 3,100 Net interest income after provision for loan losses 8,284 8,206 8,236 5,458 Non-interest income 3,798 3,661 3,742 3,437 Non-interest expense 10,509 10,356 10,039 10,711 Income (loss) before income taxes 1,573 1,511 1,939 (1,816 ) Provision (benefit) for income taxes 423 446 577 (549 ) Net income (loss) $ 1,150 $ 1,065 $ 1,362 $ (1,267 ) Basic earnings (loss) per common share $ 0.06 $ 0.06 $ 0.07 $ (0.07) Diluted earnings (loss) per common share 0.06 0.06 0.07 (0.07 ) Cash dividends declared per common share 0.015 0.015 0.010 0.010 2015 QUARTER ENDED DEC. 31 SEPT. 30 JUNE 30 MARCH 31 (IN THOUSANDS, EXCEPT PER SHARE DATA) Interest income $ 10,282 $ 10,667 $ 10,409 $ 10,523 Interest expense 1,690 1,632 1,609 1,589 Net interest income 8,592 9,035 8,800 8,934 Provision (credit) for loan losses 500 300 200 250 Net interest income after provision (credit) for loan losses 8,092 8,735 8,600 8,684 Non-interest income 3,848 4,015 3,692 3,712 Non-interest expense 10,170 10,219 10,239 10,410 Income before income taxes 1,770 2,531 2,053 1,986 Provision for income taxes 396 698 632 617 Net income $ 1,374 $ 1,833 $ 1,421 $ 1,369 Basic earnings per common share $ 0.07 $ 0.09 $ 0.07 $ 0.07 Diluted earnings per common share 0.07 0.09 0.07 0.07 Cash dividends declared per common share 0.01 0.01 0.01 0.01

SUMMARY OF SIGNIFICANT ACCOUN53

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Numerator:
Net income	$ 1,150	$ 1,065	$ 1,362	$ (1,267)	$ 1,374	$ 1,833	$ 1,421	$ 1,369	$ 2,310	$ 5,997	$ 3,023
Preferred stock dividends									15	210	210
Net income available to common shareholders									$ 2,295	$ 5,787	$ 2,813
Denominator:
Weighted average common shares outstanding (basic)									18,896	18,863	18,793
Effect of stock options									59	70	115
Weighted average common shares outstanding (diluted)									18,955	18,933	18,908
Earnings per common share:
Basic	$ 0.06	$ 0.06	$ 0.07	$ (0.07)	$ 70	$ 90	$ 70	$ 70	$ 0.12	$ 0.31	$ 0.15
Diluted	$ 0.06	$ 0.06	$ 0.07	$ (0.07)	$ 70	$ 90	$ 70	$ 70	$ 0.12	$ 0.31	$ 0.15

SUMMARY OF SIGNIFICANT ACCOUN54

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual)	12 Months Ended
	Dec. 31, 2016USD ($)$ / sharesshares	Dec. 31, 2015USD ($)$ / sharesshares	Dec. 31, 2014USD ($)$ / sharesshares
Summary Of Significant Accounting Policies [Line Items]
Number of Stores	16
Assets Held-in-trust, Total	$ 2,000,000,000
Federal Home Loan Bank Stock Par Value | $ / shares	$ 100
Threshold Period Past Due for Write-off of Financing Receivable	90 days
Financing Receivable Allowance For Credit Losses Threshold For Individually Evaluating Of Impairment	$ 250,000
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | shares	51,273	58,788	3,625
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price | $ / shares	$ 2.69	$ 2.58	$ 2.36
Stock or Unit Option Plan Expense	$ 20,000	$ 29,000	$ 42,000
Income Taxes Paid	375,000	1,554,000	1,063,000
Real Estate Owned, Transfer from Real Estate Owned	172,000	189,000	660,000
Interest Paid, Total	$ 7,746,000	$ 6,575,000	$ 6,475,000
Minimum [Member]
Summary Of Significant Accounting Policies [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price | $ / shares	$ 3.23	$ 3.23	$ 4.60
Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price | $ / shares	$ 4.60	$ 4.70	$ 5.22
Commercial Portfolio Segment [Member]
Summary Of Significant Accounting Policies [Line Items]
Financing Receivable Allowance For Credit Losses Threshold For Individually Evaluating Of Impairment	$ 250,000
Small Business Loans [Member]
Summary Of Significant Accounting Policies [Line Items]
Financing Receivable Allowance For Credit Losses Threshold For Collectively Evaluating Of Impairment	$ 250,000
Building [Member]
Summary Of Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	30 years
Equipment [Member]
Summary Of Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	10 years

CASH AND DUE FROM DEPOSITORY 55

CASH AND DUE FROM DEPOSITORY INSTITUTIONS (Details Textual) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Restricted Cash and Cash Equivalents	$ 6,000	$ 2,000

INVESTMENT SECURITIES (Details)

INVESTMENT SECURITIES (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Available-For-Sale-Securities-And-Held-To-Maturity-Securities
Investment securities available for sale, Cost Basis	$ 127,334	$ 118,242
Investment securities available for sale, Gross Unrealized Gains	1,329	1,993
Investment securities available for sale, Gross Unrealized Losses	(1,586)	(768)
Available for Sale, Fair Value, Total	127,077	119,467
Investment securities held to maturity, Cost Basis	30,665	21,419
Investment securities held to maturity, Gross Unrealized Gains	265	317
Investment securities held to maturity, Gross Unrealized Losses	(510)	(203)
Held to Maturity, Fair Value, Total	30,420	21,533
U.S. Agency [Member]
Available-For-Sale-Securities-And-Held-To-Maturity-Securities
Investment securities available for sale, Cost Basis	400	2,900
Investment securities available for sale, Gross Unrealized Gains	0	0
Investment securities available for sale, Gross Unrealized Losses	(2)	(19)
Available for Sale, Fair Value, Total	398	2,881
Taxable Municipal [Member]
Available-For-Sale-Securities-And-Held-To-Maturity-Securities
Investment securities available for sale, Cost Basis	3,793
Investment securities available for sale, Gross Unrealized Gains	3
Investment securities available for sale, Gross Unrealized Losses	(174)
Available for Sale, Fair Value, Total	3,622
Investment securities held to maturity, Cost Basis	13,441	5,592
Investment securities held to maturity, Gross Unrealized Gains	70	67
Investment securities held to maturity, Gross Unrealized Losses	(348)	(65)
Held to Maturity, Fair Value, Total	13,163	5,594
Corporate bonds [Member]
Available-For-Sale-Securities-And-Held-To-Maturity-Securities
Investment securities available for sale, Cost Basis	34,403	18,541
Investment securities available for sale, Gross Unrealized Gains	194	18
Investment securities available for sale, Gross Unrealized Losses	(724)	(307)
Available for Sale, Fair Value, Total	33,873	18,252
U.S. Agency mortgage-backed securities [Member]
Available-For-Sale-Securities-And-Held-To-Maturity-Securities
Investment securities available for sale, Cost Basis	88,738	96,801
Investment securities available for sale, Gross Unrealized Gains	1,132	1,975
Investment securities available for sale, Gross Unrealized Losses	(686)	(442)
Available for Sale, Fair Value, Total	89,184	98,334
Investment securities held to maturity, Cost Basis	11,177	10,827
Investment securities held to maturity, Gross Unrealized Gains	180	247
Investment securities held to maturity, Gross Unrealized Losses	(79)	(53)
Held to Maturity, Fair Value, Total	11,278	11,021
Corporate bonds and other securities [Member]
Available-For-Sale-Securities-And-Held-To-Maturity-Securities
Investment securities held to maturity, Cost Basis	6,047	5,000
Investment securities held to maturity, Gross Unrealized Gains	15	3
Investment securities held to maturity, Gross Unrealized Losses	(83)	(85)
Held to Maturity, Fair Value, Total	$ 5,979	$ 4,918

INVESTMENT SECURITIES (Details

INVESTMENT SECURITIES (Details 1) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Contractual maturities of securities
Available for Sale, Cost Basis, Within 1 year	$ 5,000
Available for Sale, Cost Basis, After 1 year but within 5 years	6,724
Available for Sale, Cost Basis, After 5 years but within 10 years	42,891
Available for Sale, Cost Basis, After 10 years but within 15 years	39,415
Available for Sale, Cost Basis, Over 15 years	33,304
Available for Sale, Cost Basis, Total	$ 127,334
Available for Sale, Within 1 year, Yield	2.17%
Available for Sale, After 1 year but within 5 years, Yield	2.84%
Available for Sale, After 5 year but within 10 years, Yield	3.27%
Available for Sale, After 10 years but within 15 years, Yield	2.35%
Available for Sale, Over 15 years, Yield	2.12%
Available for Sale, Yield, Total	2.62%
Available for Sale, Fair Value, Within 1 year	$ 4,981
Available for Sale, Fair Value, After 1 year but within 5 years	6,646
Available for Sale, Fair Value, After 5 years but within 10 years	42,983
Available for Sale, Fair Value, After 10 years but within 15 years	39,096
Available for Sale, Fair Value, Over 15 years	33,371
Available for Sale, Fair Value, Total	127,077	$ 119,467
Held to Maturity, Cost Basis, Within 1 year	0
Held to Maturity, Cost Basis, After 1 year but within 5 years	3,400
Held to Maturity, Cost Basis, After 5 years but within 10 years	10,969
Held to Maturity, Cost Basis, After 10 years but within 15 years	8,340
Held to Maturity, Cost Basis, Over 15 years	7,956
Held to Maturity, Cost Basis, Total	30,665	21,419
Held to Maturity, Fair Value, Within 1 year	0
Held to Maturity, Fair Value, After 1 year but within 5 years	3,351
Held to Maturity, Fair Value, After 5 years but within 10 years	10,826
Held to Maturity, Fair Value, After 10 years but within 15 years	8,197
Held to Maturity, Fair Value, Over 15 years	8,046
Held to Maturity, Fair Value, Total	$ 30,420	$ 21,533
Held to Maturity, Within 1 year, Yield	0.00%
Held to Maturity, After 1 year but within 5 years, Yield	1.87%
Held to Maturity, After 5 years but within 10 years, Yield	3.39%
Held to Maturity, After 10 years but within 15 years, Yield	3.47%
Held to Maturity, Over 15 years, Yield	3.12%
Held to Maturity, Yield, Total	3.17%
U.S. Agency [Member]
Contractual maturities of securities
Available for Sale, Cost Basis, Within 1 year	$ 0
Available for Sale, Cost Basis, After 1 year but within 5 years	400
Available for Sale, Cost Basis, After 5 years but within 10 years	0
Available for Sale, Cost Basis, After 10 years but within 15 years	0
Available for Sale, Cost Basis, Over 15 years	0
Available for Sale, Cost Basis, Total	$ 400
Available for Sale, Within 1 year, Yield	0.00%
Available for Sale, After 1 year but within 5 years, Yield	1.03%
Available for Sale, After 5 year but within 10 years, Yield	0.00%
Available for Sale, After 10 years but within 15 years, Yield	0.00%
Available for Sale, Over 15 years, Yield	0.00%
Available for Sale, Yield, Total	1.03%
Available for Sale, Fair Value, Within 1 year	$ 0
Available for Sale, Fair Value, After 1 year but within 5 years	398
Available for Sale, Fair Value, After 5 years but within 10 years	0
Available for Sale, Fair Value, After 10 years but within 15 years	0
Available for Sale, Fair Value, Over 15 years	0
Available for Sale, Fair Value, Total	398
U.S. Agency mortgage-backed securities [Member]
Contractual maturities of securities
Available for Sale, Cost Basis, Within 1 year	0
Available for Sale, Cost Basis, After 1 year but within 5 years	322
Available for Sale, Cost Basis, After 5 years but within 10 years	17,628
Available for Sale, Cost Basis, After 10 years but within 15 years	37,484
Available for Sale, Cost Basis, Over 15 years	33,304
Available for Sale, Cost Basis, Total	$ 88,738
Available for Sale, Within 1 year, Yield	0.00%
Available for Sale, After 1 year but within 5 years, Yield	4.24%
Available for Sale, After 5 year but within 10 years, Yield	3.10%
Available for Sale, After 10 years but within 15 years, Yield	2.29%
Available for Sale, Over 15 years, Yield	2.12%
Available for Sale, Yield, Total	2.39%
Available for Sale, Fair Value, Within 1 year	$ 0
Available for Sale, Fair Value, After 1 year but within 5 years	331
Available for Sale, Fair Value, After 5 years but within 10 years	18,194
Available for Sale, Fair Value, After 10 years but within 15 years	37,288
Available for Sale, Fair Value, Over 15 years	33,371
Available for Sale, Fair Value, Total	89,184
Held to Maturity, Cost Basis, Within 1 year	0
Held to Maturity, Cost Basis, After 1 year but within 5 years	0
Held to Maturity, Cost Basis, After 5 years but within 10 years	2,835
Held to Maturity, Cost Basis, After 10 years but within 15 years	1,458
Held to Maturity, Cost Basis, Over 15 years	6,884
Held to Maturity, Cost Basis, Total	11,177
Held to Maturity, Fair Value, Within 1 year	0
Held to Maturity, Fair Value, After 1 year but within 5 years	0
Held to Maturity, Fair Value, After 5 years but within 10 years	2,810
Held to Maturity, Fair Value, After 10 years but within 15 years	1,510
Held to Maturity, Fair Value, Over 15 years	6,958
Held to Maturity, Fair Value, Total	$ 11,278
Held to Maturity, Within 1 year, Yield	0.00%
Held to Maturity, After 1 year but within 5 years, Yield	0.00%
Held to Maturity, After 5 years but within 10 years, Yield	2.40%
Held to Maturity, After 10 years but within 15 years, Yield	3.33%
Held to Maturity, Over 15 years, Yield	2.90%
Held to Maturity, Yield, Total	2.83%
Corporate Bonds And Other Securities [Member]
Contractual maturities of securities
Available for Sale, Cost Basis, Within 1 year	$ 5,000
Available for Sale, Cost Basis, After 1 year but within 5 years	6,002
Available for Sale, Cost Basis, After 5 years but within 10 years	25,263
Available for Sale, Cost Basis, After 10 years but within 15 years	1,931
Available for Sale, Cost Basis, Over 15 years	0
Available for Sale, Cost Basis, Total	$ 38,196
Available for Sale, Within 1 year, Yield	2.17%
Available for Sale, After 1 year but within 5 years, Yield	2.88%
Available for Sale, After 5 year but within 10 years, Yield	3.39%
Available for Sale, After 10 years but within 15 years, Yield	3.68%
Available for Sale, Over 15 years, Yield	0.00%
Available for Sale, Yield, Total	3.16%
Available for Sale, Fair Value, Within 1 year	$ 4,981
Available for Sale, Fair Value, After 1 year but within 5 years	5,917
Available for Sale, Fair Value, After 5 years but within 10 years	24,789
Available for Sale, Fair Value, After 10 years but within 15 years	1,808
Available for Sale, Fair Value, Over 15 years	0
Available for Sale, Fair Value, Total	37,495
Held to Maturity, Cost Basis, Within 1 year	0
Held to Maturity, Cost Basis, After 1 year but within 5 years	3,400
Held to Maturity, Cost Basis, After 5 years but within 10 years	8,134
Held to Maturity, Cost Basis, After 10 years but within 15 years	6,882
Held to Maturity, Cost Basis, Over 15 years	1,072
Held to Maturity, Cost Basis, Total	19,488
Held to Maturity, Fair Value, Within 1 year	0
Held to Maturity, Fair Value, After 1 year but within 5 years	3,351
Held to Maturity, Fair Value, After 5 years but within 10 years	8,016
Held to Maturity, Fair Value, After 10 years but within 15 years	6,687
Held to Maturity, Fair Value, Over 15 years	1,088
Held to Maturity, Fair Value, Total	$ 19,142
Held to Maturity, Within 1 year, Yield	0.00%
Held to Maturity, After 1 year but within 5 years, Yield	1.87%
Held to Maturity, After 5 years but within 10 years, Yield	3.73%
Held to Maturity, After 10 years but within 15 years, Yield	3.50%
Held to Maturity, Over 15 years, Yield	4.54%
Held to Maturity, Yield, Total	3.37%

INVESTMENT SECURITIES (Detail58

INVESTMENT SECURITIES (Details 2) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Information concerning investments with unrealized losses
Less than 12 months, Fair Value	$ 83,997	$ 47,346
Less than 12 months, Unrealized Losses	(1,797)	(484)
12 months or longer, Fair Value	8,338	17,249
12 months or longer, Unrealized Losses	(299)	(487)
Total, Fair Value	92,335	64,595
Total, Unrealized Losses	(2,096)	(971)
U.S. Agency [Member]
Information concerning investments with unrealized losses
Less than 12 months, Fair Value	398	1,486
Less than 12 months, Unrealized Losses	(2)	(14)
12 months or longer, Fair Value	0	395
12 months or longer, Unrealized Losses	0	(5)
Total, Fair Value	398	1,881
Total, Unrealized Losses	(2)	(19)
U.S. Agency mortgage-backed securities [Member]
Information concerning investments with unrealized losses
Less than 12 months, Fair Value	49,918	33,359
Less than 12 months, Unrealized Losses	(703)	(245)
12 months or longer, Fair Value	1,576	9,088
12 months or longer, Unrealized Losses	(62)	(250)
Total, Fair Value	51,494	42,447
Total, Unrealized Losses	(765)	(495)
Taxable Municipal [Member]
Information concerning investments with unrealized losses
Less than 12 months, Fair Value	13,301	3,617
Less than 12 months, Unrealized Losses	(522)	(65)
12 months or longer, Fair Value	0	0
12 months or longer, Unrealized Losses	0	0
Total, Fair Value	13,301	3,617
Total, Unrealized Losses	(522)	(65)
Corporate bonds and other securities [Member]
Information concerning investments with unrealized losses
Less than 12 months, Fair Value	20,380	8,884
Less than 12 months, Unrealized Losses	(570)	(160)
12 months or longer, Fair Value	6,762	7,766
12 months or longer, Unrealized Losses	(237)	(232)
Total, Fair Value	27,142	16,650
Total, Unrealized Losses	$ (807)	$ (392)

INVESTMENT SECURITIES (Detail59

INVESTMENT SECURITIES (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2016		Dec. 31, 2015		Dec. 31, 2014
Investments [Line Items]
Gross investment gains	$ 183,000		$ 107,000		$ 182,000
Gross investment losses	6,000		36,000		5,000
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Net of Tax	117,000		47,000		117,000
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Tax	$ 60,000	[1]	25,000	[1]	60,000
Investment Securities:
Consolidated investment securities portfolio modified, years	3 years 5 months 5 days
Proceeds from sales of investment securities — available for sale	$ 8,966,000		3,570,000		$ 5,242,000
Book value of securities available for sale and held to maturity	$ 104,953,000		$ 87,096,000
Held-to-maturity, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	110
Corporate bonds [Member]
Investment Securities:
Available For Sale Securities Debt Maturities Weighted Average Maturity Term	4 years 10 months 24 days
Held To Maturity Securities Weighted Average Maturity Term	6 years 2 months 19 days
U.S. Agency [Member]
Investment Securities:
Available For Sale Securities Debt Maturities Weighted Average Maturity Term	1 year 4 months 10 days
U.S. Agency mortgage-backed securities [Member]
Investment Securities:
Available For Sale Securities Debt Maturities Weighted Average Maturity Term	3 years 10 months 2 days
Held To Maturity Securities Weighted Average Maturity Term	4 years 7 days
Standard & Poor's, AAA Rating [Member]
Investments [Line Items]
Portfolio rated	63.50%		79.10%
Standard & Poor's, A Rating [Member]
Investments [Line Items]
Portfolio rated	10.10%
[1]	Amounts in parentheses indicate credits.

LOANS (Details)

LOANS (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, net of unearned income	$ 883,764	$ 880,984
Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, net of unearned income	171,529	181,066
Commercial loans secured by real estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, net of unearned income	446,598	421,637
Real estate - mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, net of unearned income	245,765	257,937
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, net of unearned income	$ 19,872	$ 20,344

LOANS (Details Textual)

LOANS (Details Textual) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Financing Receivable, Impaired [Line Items]
Real estate-construction loans, percentage	4.70%	3.00%
Loan balances net of unearned income	$ 476,000	$ 557,000
Loans and Leases Receivable, Related Parties	$ 578,000	$ 846,000

ALLOWANCE FOR LOAN LOSSES (Deta

ALLOWANCE FOR LOAN LOSSES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
BALANCES AT BEGINNING OF PERIOD	$ 9,921	$ 9,623	$ 10,104
CHARGE-OFFS	(4,296)	(1,361)	(1,323)
RECOVERIES	357	409	467
PROVISION (CREDIT)	3,950	1,250	375
BALANCES AT END OF PERIOD	9,932	9,921	9,623
Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
BALANCES AT BEGINNING OF PERIOD	4,244	3,262	2,844
CHARGE-OFFS	(3,648)	(170)	(172)
RECOVERIES	140	101	141
PROVISION (CREDIT)	3,305	1,051	449
BALANCES AT END OF PERIOD	4,041	4,244	3,262
Commercial loans secured by real estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
BALANCES AT BEGINNING OF PERIOD	3,449	3,902	4,885
CHARGE-OFFS	(13)	(250)	(708)
RECOVERIES	40	111	231
PROVISION (CREDIT)	108	(314)	(506)
BALANCES AT END OF PERIOD	3,584	3,449	3,902
Real estate - mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
BALANCES AT BEGINNING OF PERIOD	1,173	1,310	1,260
CHARGE-OFFS	(291)	(753)	(322)
RECOVERIES	147	171	71
PROVISION (CREDIT)	140	445	301
BALANCES AT END OF PERIOD	1,169	1,173	1,310
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
BALANCES AT BEGINNING OF PERIOD	151	190	136
CHARGE-OFFS	(344)	(188)	(121)
RECOVERIES	30	26	24
PROVISION (CREDIT)	314	123	151
BALANCES AT END OF PERIOD	151	151	190
Allocation for general risk [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
BALANCES AT BEGINNING OF PERIOD	904	959	979
CHARGE-OFFS	0	0	0
RECOVERIES	0	0	0
PROVISION (CREDIT)	83	(55)	(20)
BALANCES AT END OF PERIOD	$ 987	$ 904	$ 959

ALLOWANCE FOR LOAN LOSSES (De63

ALLOWANCE FOR LOAN LOSSES (Details 1) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Loans:
Individually evaluated for impairment	$ 674	$ 4,502
Collectively evaluated for impairment	883,090	876,482
Total Loans	883,764	880,984
Allowance for loan losses:
Specific reserve allocation	527	1,387
General reserve allocation	9,405	8,534
Total allowance for loan losses	9,932	9,921	$ 9,623	$ 10,104
Commercial [Member]
Loans:
Individually evaluated for impairment	496	4,416
Collectively evaluated for impairment	171,033	176,650
Total Loans	171,529	181,066
Allowance for loan losses:
Specific reserve allocation	496	1,387
General reserve allocation	3,545	2,857
Total allowance for loan losses	4,041	4,244	3,262	2,844
Commercial loans secured by real estate [Member]
Loans:
Individually evaluated for impairment	178	86
Collectively evaluated for impairment	446,420	421,551
Total Loans	446,598	421,637
Allowance for loan losses:
Specific reserve allocation	31	0
General reserve allocation	3,553	3,449
Total allowance for loan losses	3,584	3,449	3,902	4,885
Real estate - mortgage [Member]
Loans:
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	245,765	257,937
Total Loans	245,765	257,937
Allowance for loan losses:
Specific reserve allocation	0	0
General reserve allocation	1,169	1,173
Total allowance for loan losses	1,169	1,173	1,310	1,260
Consumer [Member]
Loans:
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	19,872	20,344
Total Loans	19,872	20,344
Allowance for loan losses:
Specific reserve allocation	0	0
General reserve allocation	151	151
Total allowance for loan losses	151	151	190	136
Allocation for general risk [Member]
Allowance for loan losses:
Specific reserve allocation	0	0
General reserve allocation	987	904
Total allowance for loan losses	$ 987	$ 904	$ 959	$ 979

ALLOWANCE FOR LOAN LOSSES (De64

ALLOWANCE FOR LOAN LOSSES (Details 2) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	$ 674	$ 4,502
Related Allowance	527	1,400
Unpaid Principal Balance	726	4,943
Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	496	4,416
Unpaid Principal Balance	517	4,421
Commercial loans secured by real estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	178	86
Unpaid Principal Balance	209	522
Impaired Loans with Specific Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	658	4,416
Related Allowance	527	1,387
Impaired Loans with Specific Allowance [Member] | Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	496	4,416
Related Allowance	496	1,387
Impaired Loans with Specific Allowance [Member] | Commercial loans secured by real estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	162	0
Related Allowance	31	0
Impaired Loans with No Specific Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	16	86
Impaired Loans with No Specific Allowance [Member] | Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	0	0
Impaired Loans with No Specific Allowance [Member] | Commercial loans secured by real estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	$ 16	$ 86

ALLOWANCE FOR LOAN LOSSES (De65

ALLOWANCE FOR LOAN LOSSES (Details 3) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Average loan balance:
Average investment in impaired loans	$ 1,074	$ 2,146	$ 1,756
Interest income recognized:
Interest income recognized on a cash basis on impaired loans	22	27	12
Commercial [Member]
Average loan balance:
Average investment in impaired loans	718	1,271	0
Interest income recognized:
Interest income recognized on a cash basis on impaired loans	14	10	0
Commercial loans secured by real estate [Member]
Average loan balance:
Average investment in impaired loans	356	866	1,756
Interest income recognized:
Interest income recognized on a cash basis on impaired loans	8	17	12
Consumer [Member]
Average loan balance:
Average investment in impaired loans	0	9	0
Interest income recognized:
Interest income recognized on a cash basis on impaired loans	$ 0	$ 0	$ 0

ALLOWANCE FOR LOAN LOSSES (De66

ALLOWANCE FOR LOAN LOSSES (Details 4) - Commercial Portfolio Segment [Member] - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	$ 618,127	$ 602,703
Commercial [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	171,529	181,066
Commercial loans secured by real estate [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	446,598	421,637
Pass [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	604,434	590,947
Pass [Member] | Commercial [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	168,116	174,616
Pass [Member] | Commercial loans secured by real estate [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	436,318	416,331
Special Mention [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	8,584	4,911
Special Mention [Member] | Commercial [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	1,087	1,811
Special Mention [Member] | Commercial loans secured by real estate [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	7,497	3,100
Substandard [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	4,597	5,506
Substandard [Member] | Commercial [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	1,830	3,318
Substandard [Member] | Commercial loans secured by real estate [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	2,767	2,188
Doubtful [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	512	1,339
Doubtful [Member] | Commercial [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	496	1,321
Doubtful [Member] | Commercial loans secured by real estate [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	$ 16	$ 18

ALLOWANCE FOR LOAN LOSSES (De67

ALLOWANCE FOR LOAN LOSSES (Details 5) - Consumer Portfolio Segment [Member] - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Performing [Member]
Performing and non-performing outstanding balances of the residential and consumer portfolios
Loan portfolio	$ 264,708	$ 276,493
Performing [Member] | Real estate - mortgage [Member]
Performing and non-performing outstanding balances of the residential and consumer portfolios
Loan portfolio	244,836	256,149
Performing [Member] | Consumer [Member]
Performing and non-performing outstanding balances of the residential and consumer portfolios
Loan portfolio	19,872	20,344
Non-Performing [Member]
Performing and non-performing outstanding balances of the residential and consumer portfolios
Loan portfolio	929	1,788
Non-Performing [Member] | Real estate - mortgage [Member]
Performing and non-performing outstanding balances of the residential and consumer portfolios
Loan portfolio	929	1,788
Non-Performing [Member] | Consumer [Member]
Performing and non-performing outstanding balances of the residential and consumer portfolios
Loan portfolio	$ 0	$ 0

ALLOWANCE FOR LOAN LOSSES (De68

ALLOWANCE FOR LOAN LOSSES (Details 6) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Current	$ 879,366	$ 871,866
Past Due	4,398	9,118
Total Loans	883,764	880,984
90 Days Past Due and Still Accruing	0	0
30-59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due	3,264	3,422
60-89 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due	637	5,147
90 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due	497	549
Commercial [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Current	171,292	176,216
Past Due	237	4,850
Total Loans	171,529	181,066
90 Days Past Due and Still Accruing	0	0
Commercial [Member] | 30-59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due	237	489
Commercial [Member] | 60-89 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due	0	4,361
Commercial [Member] | 90 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due	0	0
Commercial loans secured by real estate [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Current	446,477	421,247
Past Due	121	390
Total Loans	446,598	421,637
90 Days Past Due and Still Accruing	0	0
Commercial loans secured by real estate [Member] | 30-59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due	121	208
Commercial loans secured by real estate [Member] | 60-89 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due	0	182
Commercial loans secured by real estate [Member] | 90 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due	0	0
Real estate - mortgage [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Current	241,802	254,288
Past Due	3,963	3,649
Total Loans	245,765	257,937
90 Days Past Due and Still Accruing	0	0
Real estate - mortgage [Member] | 30-59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due	2,856	2,658
Real estate - mortgage [Member] | 60-89 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due	610	442
Real estate - mortgage [Member] | 90 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due	497	549
Consumer [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Current	19,795	20,115
Past Due	77	229
Total Loans	19,872	20,344
90 Days Past Due and Still Accruing	0	0
Consumer [Member] | 30-59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due	50	67
Consumer [Member] | 60-89 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due	27	162
Consumer [Member] | 90 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due	$ 0	$ 0

ALLOWANCE FOR LOAN LOSSES (De69

ALLOWANCE FOR LOAN LOSSES (Details Textual)	12 Months Ended
	Dec. 31, 2016USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individual loan balance is classified as nonaccrual status or troubled debt restructure	$ 100,000
Debt Instrument, Face Amount	3,300,000
Debt Instrument Non Performing Assets	$ 1,600,000
Percentage for Total Loans	0.18%
Commercial Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Threshold for individually evaluating loans	$ 250,000
Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum individual loan balance requiring quarterly review	1,000,000
Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum individual loan balance requiring quarterly review	250,000
Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum individual loan balance requiring quarterly review	$ 100,000
Minimum [Member] | Commercial Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum percent of portfolio to be reviewed	50.00%
Maximum [Member] | Commercial Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum percent of portfolio to be reviewed	55.00%

NON-PERFORMING ASSETS INCLUDI70

NON-PERFORMING ASSETS INCLUDING TROUBLED DEBT RESTRUCTURINGS (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Non-performing assets including TDR
Non-accrual loans	$ 1,603	$ 6,066
Other real estate owned	21	75
Total restructured loans not in non-accrual (TDR)	0	156
Total non-performing assets including TDR	$ 1,624	$ 6,297
Total non-performing assets as a percent of loans, net of unearned income, and other real estate owned	0.18%	0.71%
Commercial [Member]
Non-performing assets including TDR
Non-accrual loans	$ 496	$ 4,260
Commercial loans secured by real estate [Member]
Non-performing assets including TDR
Non-accrual loans	178	18
Real estate - mortgage [Member]
Non-performing assets including TDR
Non-accrual loans	929	1,788
Other real estate owned	$ 21	$ 75

NON-PERFORMING ASSETS INCLUDI71

NON-PERFORMING ASSETS INCLUDING TROUBLED DEBT RESTRUCTURINGS (Details 1) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)Number	Dec. 31, 2015USD ($)Number	Dec. 31, 2014USD ($)Number
Loans in accrual status [Member] | Commercial loans secured by real estate [Member]
Schedule of TDRs
Number of loans | Number		1	2
Current Balance | $		$ 156	$ 742
Concession Granted		Extension of maturity date	Extension of maturity date
Loans in non-accrual status [Member] | Commercial loans secured by real estate [Member]
Schedule of TDRs
Number of loans | Number	1	6	2
Current Balance | $	$ 16	$ 4,320	$ 210
Concession Granted	Extension of maturity date	Extension of maturity date	Extension of maturity date
Loans in non-accrual status [Member] | Commercial Loan [Member]
Schedule of TDRs
Number of loans | Number	2
Current Balance | $	$ 496
Concession Granted	Extension of maturity date

NON-PERFORMING ASSETS INCLUDI72

NON-PERFORMING ASSETS INCLUDING TROUBLED DEBT RESTRUCTURINGS (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Schedule of Interest Income
Interest income due in accordance with original terms	$ 118	$ 94	$ 136
Interest income recorded	0	0	0
Net reduction in interest income	$ 118	$ 94	$ 136

NON-PERFORMING ASSETS INCLUDI73

NON-PERFORMING ASSETS INCLUDING TROUBLED DEBT RESTRUCTURINGS (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Aggregate of multiple consecutive maturity date extensions delay in payment, days	120 days
Borrowers aggregate exposure for loan modification minimum	$ 250,000
Timely payments on contract terms for minimum consecutive months prior to consideration for removing loan from TDR status	6 months
ALL reserve for TDR's	$ 527,000	$ 1,400,000
Mortgage Loans in Process of Foreclosure, Amount	272,000
Residential Real Estate [Member]
Other Assets, Noncurrent	$ 21,000	$ 75,000

PREMISES AND EQUIPMENT (Details

PREMISES AND EQUIPMENT (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Cost	$ 34,525	$ 34,281
Less: Accumulated depreciation and amortization	22,831	22,173
Premises and equipment, net	11,694	12,108
Land [Member]
Property, Plant and Equipment [Line Items]
Cost	1,198	1,198
Premises [Member]
Property, Plant and Equipment [Line Items]
Cost	24,670	24,096
Furniture and equipment [Member]
Property, Plant and Equipment [Line Items]
Cost	7,949	8,291
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Cost	$ 708	$ 696

PREMISES AND EQUIPMENT (Detai75

PREMISES AND EQUIPMENT (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Depreciation	$ 1.8	$ 1.8

DEPOSITS (Details)

DEPOSITS (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Demand:
Non-interest bearing	$ 188,808	$ 188,947
Interest bearing	163,801	92,037
Savings	96,475	93,949
Money market	258,978	258,818
Certificates of deposit in denominations of $100,000 or more	27,427	31,422
Other time	232,297	238,121
Total deposits	$ 967,786	$ 903,294

DEPOSITS (Details 1)

DEPOSITS (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Interest bearing demand	$ 317	$ 199	$ 191
Savings	159	156	144
Money market	1,198	817	761
Certificates of deposit in denominations of $100,000 or more	283	266	268
Other time	3,443	3,314	3,525
Total interest expense	$ 5,400	$ 4,752	$ 4,889

DEPOSITS (Details 2)

DEPOSITS (Details 2) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
OTHER TIME DEPOSITS
2,017	$ 78,380
2,018	55,053
2,019	37,017
2,020	32,134
2,021	11,835
2022 and after	17,878
Total	232,297
CERTIFICATES OF DEPOSIT OF $100,000 OR MORE
2,017	21,388
2,018	2,962
2,019	1,818
2,020	1,160
2,021	0
2022 and after	99
Total	$ 27,427	$ 31,422

DEPOSITS (Details 3)

DEPOSITS (Details 3) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Three months or less	$ 5,800
Over three through six months	8,753
Over six through twelve months	6,835
Over twelve months	6,039
Total	$ 27,427	$ 31,422

DEPOSITS (Details Textual)

DEPOSITS (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Time Deposits	$ 232,297
FDIC Insurance Limit [Member]
Time Deposits	$ 45,800	$ 46,100

SHORT-TERM BORROWINGS (Details)

SHORT-TERM BORROWINGS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Federal Funds Purchased [Member]
Short-term Debt [Line Items]
Balance	$ 0	$ 0	$ 0
Maximum indebtedness at any month end	0	0	0
Average balance during year	$ 0	$ 0	$ 0
Average rate paid for the year	0.00%	0.00%	0.00%
Interest rate on year-end balance	0.00%	0.00%	0.00%
Short-Term Borrowings [Member]
Short-term Debt [Line Items]
Balance	$ 12,754	$ 48,748	$ 38,880
Maximum indebtedness at any month end	56,686	65,071	47,762
Average balance during year	$ 9,030	$ 24,582	$ 18,783
Average rate paid for the year	0.58%	0.35%	0.29%
Interest rate on year-end balance	0.74%	0.43%	0.27%

SHORT-TERM BORROWINGS (Details

SHORT-TERM BORROWINGS (Details Textual)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Short-term Debt [Line Items]
Average maturity	3 days	3 days	1 day

ADVANCES FROM FEDERAL HOME LO83

ADVANCES FROM FEDERAL HOME LOAN BANK, GUARANTEED JUNIOR SUBORDINATED DEFERRABLE INTEREST DEBENTURES AND SUBORDINATED DEBT (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
WEIGHTED AVERAGE YIELD
2,017	1.06%
2,018	1.48%
2,019	1.51%
2,020	1.59%
2,021	1.60%
Total advances from FHLB	1.37%
BALANCE
2,017	$ 12,000
2,018	12,000
2,019	12,500
2,020	8,042
2,021	1,000
Total advances from FHLB	$ 45,542	$ 48,000

ADVANCES FROM FEDERAL HOME LO84

ADVANCES FROM FEDERAL HOME LOAN BANK, GUARANTEED JUNIOR SUBORDINATED DEFERRABLE INTEREST DEBENTURES AND SUBORDINATED DEBT (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2005	Dec. 31, 2004	Dec. 31, 2016	Jan. 27, 2016	Dec. 29, 2015	Apr. 28, 1998
Federal Home Loan Bank, Advances, General Debt Obligations, Amount of Available, Unused Funds				$ 402,000,000
Federal Home Loan Bank, Advances, General Debt Obligations, Maximum Amount Available	$ 39,000,000
Debt Instrument, Face Amount				3,300,000
Junior Subordinated Notes	$ 12,892,000			12,908,000
Subordinated Debt [Member]
Debt Instrument, Face Amount						$ 7,650,000
Debt Instrument, Interest Rate, Stated Percentage	6.50%
Unamortized Debt Issuance Expense				209,000
Cash					$ 21,000,000
Long-term Debt	$ 7,400,000			7,400,000
Guaranteed Junior Subordinated Deferrable Interest Debentures [Member]
Debt Instrument, Face Amount							$ 34,500,000
Debt Instrument, Interest Rate, Stated Percentage							8.45%
Debt Instrument, Maturity Date	Jun. 30, 2028
Debt Instrument, Call Date, Earliest	Jun. 30, 2003
Early Repayment of Subordinated Debt		$ 22,500,000	$ 22,500,000
Junior Subordinated Notes				12,900,000
Unamortized Debt Issuance Expense	$ 12,900,000			177,000
Federal Reserve Bank [Member]
Federal Home Loan Bank, Advances, General Debt Obligations, Maximum Amount Available				$ 29,000,000

DISCLOSURES ABOUT FAIR VALUE 85

DISCLOSURES ABOUT FAIR VALUE MEASUREMENTS (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	$ 127,077	$ 119,467
U.S. Agency Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	398	2,881
U.S. Agency mortgage-backed securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	89,184	98,334
Corporate Bond Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	33,873	18,252
Taxable Municipal Bonds [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	3,622
Level 1 [Member] | U.S. Agency Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	0	0
Level 1 [Member] | U.S. Agency mortgage-backed securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	0	0
Level 1 [Member] | Corporate Bond Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	0	0
Level 1 [Member] | Taxable Municipal Bonds [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	0
Level 2 [Member] | U.S. Agency Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	398	2,881
Level 2 [Member] | U.S. Agency mortgage-backed securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	89,184	98,334
Level 2 [Member] | Corporate Bond Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	33,873	18,252
Level 2 [Member] | Taxable Municipal Bonds [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	3,622
Level 3 [Member] | U.S. Agency Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	0	0
Level 3 [Member] | U.S. Agency mortgage-backed securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	0	0
Level 3 [Member] | Corporate Bond Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	0	$ 0
Level 3 [Member] | Taxable Municipal Bonds [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	$ 0

DISCLOSURES ABOUT FAIR VALUE 86

DISCLOSURES ABOUT FAIR VALUE MEASUREMENTS (Details 1) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying value of impaired loans		$ 674	$ 4,502
Fair Value Measurements, Nonrecurring Basis [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying value of impaired loans		147	3,115
Other real estate owned		$ 21	$ 75
Fair Value Measurements, Nonrecurring Basis [Member] | Impaired Loans [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Valuation Techniques	[1]	Appraisal of collateral	Appraisal of collateral
Appraisal of Adjustment	[2]	45.00%	17.00%
Fair Value Measurements, Nonrecurring Basis [Member] | Other Real Estate Owned [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Valuation Techniques	[1],[3]	Appraisal of collateral	Appraisal of collateral
Appraisal of Adjustment	[2]	42.00%	35.00%
Liquidation expenses	[2]	37.00%	25.00%
Fair Value Measurements, Nonrecurring Basis [Member] | Minimum [Member] | Impaired Loans [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Appraisal of Adjustment	[2]	40.00%	15.00%
Fair Value Measurements, Nonrecurring Basis [Member] | Minimum [Member] | Other Real Estate Owned [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Appraisal of Adjustment	[2]	20.00%	23.00%
Liquidation expenses	[2]	3.00%	10.00%
Fair Value Measurements, Nonrecurring Basis [Member] | Maximum [Member] | Impaired Loans [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Appraisal of Adjustment	[2]	99.00%	20.00%
Fair Value Measurements, Nonrecurring Basis [Member] | Maximum [Member] | Other Real Estate Owned [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Appraisal of Adjustment	[2]	77.00%	49.00%
Liquidation expenses	[2]	199.00%	59.00%
Fair Value Measurements, Nonrecurring Basis [Member] | Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying value of impaired loans		$ 0	$ 0
Other real estate owned		0	0
Fair Value Measurements, Nonrecurring Basis [Member] | Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying value of impaired loans		0	0
Other real estate owned		0	0
Fair Value Measurements, Nonrecurring Basis [Member] | Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying value of impaired loans		147	3,115
Other real estate owned		21	75
Fair Value Measurements, Nonrecurring Basis [Member] | Level 3 [Member] | Impaired Loans [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying value of impaired loans		147	3,115
Fair Value Measurements, Nonrecurring Basis [Member] | Level 3 [Member] | Other Real Estate Owned [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other real estate owned		$ 21	$ 75
[1]	Fair Value is generally determined through independent appraisals of the underlying collateral, which generally include various level 3 inputs which are not identifiable.
[2]	Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses.
[3]	Includes qualitative adjustments by management and estimated liquidation expenses.

DISCLOSURES ABOUT FAIR VALUE 87

DISCLOSURES ABOUT FAIR VALUE MEASUREMENTS (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying value of impaired loans	$ 674	$ 4,502
Specific valuation allowance	527	1,400
Net fair value of impaired loans	$ 147	$ 3,100

DISCLOSURES ABOUT FAIR VALUE 88

DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
FINANCIAL ASSETS: Carrying Value
Cash and cash equivalents	$ 34,073	$ 48,510	$ 32,872	$ 30,066
Investment securities - AFS	127,077	119,467
Investment securities - HTM	30,665	21,419
Regulatory stock	5,484	6,753
Loans held for sale	3,094	3,003
Loans, net of allowance for loan loss and unearned income	873,832	871,063
Accrued interest income receivable	3,116	3,057
Bank owned life insurance	37,903	37,228
Cash and cash equivalents	34,073	48,510
Investment securities - AFS	127,077	119,467
Investment securities - HTM	30,420	21,533
Regulatory stock	5,484	6,753
Loans held for sale	3,158	3,041
Loans, net of allowance for loan loss and unearned income	869,960	869,591
Accrued interest income receivable	3,116	3,057
Bank owned life insurance	37,903	37,228
FINANCIAL LIABILITIES: Carrying Value
Deposits with no stated maturities	708,062	633,751
Deposits with stated maturities	259,724	269,543
Short-term borrowings	12,754	48,748
All other borrowings	65,891	68,310
Accrued interest payable	1,640	1,651
Deposits with no stated maturities	708,062	633,751
Deposits with stated maturities	261,446	271,909
Short-term borrowings	12,754	48,748
All other borrowings	69,348	72,241
Accrued interest payable	1,640	1,651
Level 1 [Member]
FINANCIAL ASSETS: Carrying Value
Cash and cash equivalents	34,073	48,510
Investment securities - AFS	0	0
Investment securities - HTM	0	0
Regulatory stock	5,484	6,753
Loans held for sale	3,158	3,041
Loans, net of allowance for loan loss and unearned income	0	0
Accrued interest income receivable	3,116	3,057
Bank owned life insurance	37,903	37,228
FINANCIAL LIABILITIES: Carrying Value
Deposits with no stated maturities	708,062	633,751
Deposits with stated maturities	0	0
Short-term borrowings	12,754	48,748
All other borrowings	0	0
Accrued interest payable	1,640	1,651
Level 2 [Member]
FINANCIAL ASSETS: Carrying Value
Cash and cash equivalents	0	0
Investment securities - AFS	127,077	119,467
Investment securities - HTM	27,473	18,608
Regulatory stock	0	0
Loans held for sale	0	0
Loans, net of allowance for loan loss and unearned income	0	0
Accrued interest income receivable	0	0
Bank owned life insurance	0	0
FINANCIAL LIABILITIES: Carrying Value
Deposits with no stated maturities	0	0
Deposits with stated maturities	0	0
Short-term borrowings	0	0
All other borrowings	0	0
Accrued interest payable	0	0
Level 3 [Member]
FINANCIAL ASSETS: Carrying Value
Cash and cash equivalents	0	0
Investment securities - AFS	0	0
Investment securities - HTM	2,947	2,925
Regulatory stock	0	0
Loans held for sale	0	0
Loans, net of allowance for loan loss and unearned income	869,960	869,591
Accrued interest income receivable	0	0
Bank owned life insurance	0	0
FINANCIAL LIABILITIES: Carrying Value
Deposits with no stated maturities	0	0
Deposits with stated maturities	261,446	271,909
Short-term borrowings	0	0
All other borrowings	69,348	72,241
Accrued interest payable	$ 0	$ 0

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Current									$ 483	$ 1,455	$ 1,036
Deferred									414	888	562
Income tax expense	$ 423	$ 446	$ 577	$ (549)	$ 396	$ 698	$ 632	$ 617	$ 897	$ 2,343	$ 1,598

INCOME TAXES (Details 1)

INCOME TAXES (Details 1) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
AMOUNT
Income tax expense based on federal statutory rate									$ 1,090	$ 2,836	$ 1,571
Tax exempt income									(255)	(574)	(274)
Other									62	81	301
Total expense for income taxes	$ 423	$ 446	$ 577	$ (549)	$ 396	$ 698	$ 632	$ 617	$ 897	$ 2,343	$ 1,598
RATE
Income tax expense based on federal statutory rate									34.00%	34.00%	34.00%
Tax exempt income									(7.90%)	(6.90%)	(5.90%)
Other									1.90%	1.00%	6.50%
Total expense for income taxes									28.00%	28.10%	34.60%

INCOME TAXES (Details 2)

INCOME TAXES (Details 2) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
DEFERRED TAX ASSETS:
Allowance for loan losses	$ 3,377	$ 3,373
Unfunded commitment reserve	303	298
Unrealized investment security losses	87	0
Premises and equipment	1,542	1,602
Accrued pension obligation	2,582	1,658
Alternative minimum tax credits	2,110	2,248
Other	895	487
Total tax assets	10,896	9,666
DEFERRED TAX LIABILITIES:
Investment accretion	(24)	(16)
Unrealized investment security gains	0	(420)
Other	(217)	(237)
Total tax liabilities	(241)	(673)
Net deferred tax asset	$ 10,655	$ 8,993

INCOME TAXES (Details 3)

INCOME TAXES (Details 3) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Unrealized gains recognized in comprehensive income	$ 507	$ 530
Pension obligation of the defined benefit plan not yet recognized in income	1,569	(197)	$ 942
Deferred provision for income taxes	(414)	(888)	$ (562)
Net increase (decrease)	$ 1,662	$ (555)

INCOME TAXES (Details Textual)

INCOME TAXES (Details Textual) $ in Millions	Dec. 31, 2016USD ($)
Tax Credit Carryforward, Amount	$ 2.1

EMPLOYEE BENEFIT PLANS (Details

EMPLOYEE BENEFIT PLANS (Details) - Pension Plans, Defined Benefit [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
CHANGE IN BENEFIT OBLIGATION:
Benefit obligation at beginning of year	$ 33,117	$ 33,701
Service cost	1,468	1,557	$ 1,601
Interest cost	1,430	1,341	1,368
Actuarial (gain) loss	4,578	(1,063)
Benefits paid	(1,956)	(2,419)
Benefit obligation at end of year	38,637	33,117	33,701
CHANGE IN PLAN ASSETS:
Fair value of plan assets at beginning of year	28,429	27,367
Actual return on plan assets	348	(154)
Employer contributions	3,850	3,635
Benefits paid	(1,956)	(2,419)
Fair value of plan assets at end of year	30,671	28,429	$ 27,367
Funded status of the plan - under funded	$ (7,966)	$ (4,688)

EMPLOYEE BENEFIT PLANS (Detai95

EMPLOYEE BENEFIT PLANS (Details 1) - Pension Plans, Defined Benefit [Member] - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Amounts recognized in accumulated other comprehensive loss consists of:
Net actuarial loss	$ 17,602	$ 12,431
Total	$ 17,602	$ 12,431

EMPLOYEE BENEFIT PLANS (Detai96

EMPLOYEE BENEFIT PLANS (Details 2) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation	$ 35,153	$ 30,606

EMPLOYEE BENEFIT PLANS (Detai97

EMPLOYEE BENEFIT PLANS (Details 3) - Pension Plans, Defined Benefit [Member]	Dec. 31, 2016	Dec. 31, 2015
WEIGHTED AVERAGE ASSUMPTIONS:
Discount rate	4.12%	4.20%
Salary scale	2.50%	2.50%

EMPLOYEE BENEFIT PLANS (Detai98

EMPLOYEE BENEFIT PLANS (Details 4) - Pension Plans, Defined Benefit [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
COMPONENTS OF NET PERIODIC BENEFIT COST:
Service cost	$ 1,468	$ 1,557	$ 1,601
Interest cost	1,430	1,341	1,368
Expected return on plan assets	(2,275)	(2,130)	(1,991)
Amortization of prior year service cost	0	0	(19)
Special termination benefit liability	0	0	376
Recognized net actuarial loss	1,333	1,386	1,181
Net periodic pension cost	$ 1,956	$ 2,154	$ 2,516

EMPLOYEE BENEFIT PLANS (Detai99

EMPLOYEE BENEFIT PLANS (Details 5) - Pension Plans, Defined Benefit [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
OTHER CHANGES IN PLAN ASSETS AND BENEFIT OBLIGATIONS RECOGNIZED IN OTHER COMPREHENSIVE LOSS
Net loss	$ 6,505	$ 1,221	$ 3,669
Recognized loss	(1,333)	(1,386)	(1,181)
Recognized prior service cost	0	0	19
Total recognized in other comprehensive loss before tax effect	5,172	(165)	2,507
Total recognized in net benefit cost and other comprehensive loss before tax effect	$ 7,128	$ 1,989	$ 5,023

EMPLOYEE BENEFIT PLANS (Deta100

EMPLOYEE BENEFIT PLANS (Details 6) - Pension Plans, Defined Benefit [Member]	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
WEIGHTED AVERAGE ASSUMPTIONS:
Discount rate	4.20%	4.00%	4.50%
Expected return on plan assets	7.75%	8.00%	8.00%	7.75%
Rate of compensation increase	2.50%	2.50%	2.50%

EMPLOYEE BENEFIT PLANS (Deta101

EMPLOYEE BENEFIT PLANS (Details 7) - Pension Plans, Defined Benefit [Member]	Dec. 31, 2016	Dec. 31, 2015
ASSET CATEGORY:
Asset allocations	100.00%	100.00%
Cash and Cash Equivalents [Member]
ASSET CATEGORY:
Asset allocations	8.00%	6.00%
Domestic equities [Member]
ASSET CATEGORY:
Asset allocations	10.00%	7.00%
Mutual funds/ETFs [Member]
ASSET CATEGORY:
Asset allocations	76.00%	75.00%
International equities [Member]
ASSET CATEGORY:
Asset allocations	1.00%	1.00%
Corporate bonds [Member]
ASSET CATEGORY:
Asset allocations	5.00%	11.00%

EMPLOYEE BENEFIT PLANS (Deta102

EMPLOYEE BENEFIT PLANS (Details 8) - Pension Plans, Defined Benefit [Member] - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Defined Benefit Plan, Information about Plan Assets [Abstract]
Defined Benefit Plan, Fair Value of Plan Assets	$ 30,671	$ 28,429	$ 27,367
Cash and cash equivalents | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan, Information about Plan Assets [Abstract]
Defined Benefit Plan, Fair Value of Plan Assets	2,454	1,611
Domestic equities | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan, Information about Plan Assets [Abstract]
Defined Benefit Plan, Fair Value of Plan Assets	3,067	1,978
International equities | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan, Information about Plan Assets [Abstract]
Defined Benefit Plan, Fair Value of Plan Assets	307	397
Mutual funds/ETFs | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan, Information about Plan Assets [Abstract]
Defined Benefit Plan, Fair Value of Plan Assets	23,310	21,396
Corporate bonds [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan, Information about Plan Assets [Abstract]
Defined Benefit Plan, Fair Value of Plan Assets	$ 1,533	$ 3,047

EMPLOYEE BENEFIT PLANS (Deta103

EMPLOYEE BENEFIT PLANS (Details 9) - Pension Plans, Defined Benefit [Member] $ in Thousands	Dec. 31, 2016USD ($)
Defined Benefit Plan, Expected Future Benefit Payments, Fiscal Year Maturity [Abstract]
2,017	$ 3,174
2,018	2,364
2,019	2,393
2,020	2,740
2,021	2,787
Years 2022 - 2026	$ 14,199

EMPLOYEE BENEFIT PLANS (Deta104

EMPLOYEE BENEFIT PLANS (Details Textual) - USD ($)		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan Minimum Number Of Annual Employee Hours		1,000
Defined Benefit Plan Maximum Percent Of Assets Comprised Of Entity Common Stock		10.00%
Defined Benefit Plan, Future Amortization of Gain (Loss)	[1],[2]	$ 788,000	$ 946,000
Defined Contribution Plan Maximum Annual Contribution Per Union Employee Percent		4.00%	4.00%
Defined Contribution Plan Amount Of Entity Common Stock And Securities Held		$ 1,300,000
Defined Contribution Plan, Employer Matching Contribution, Percent of Match				6.00%	2.00%
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent				3.00%	1.00%
Defined Contribution Plan, Cost Recognized		$ 447,000	$ 433,000
Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Target Plan Asset Allocations		60.00%
Defined Benefit Plan, Target Plan Asset Allocations Range Minimum		50.00%
Defined Benefit Plan, Target Plan Asset Allocations Range Maximum		60.00%
Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Target Plan Asset Allocations Range Minimum		40.00%
Defined Benefit Plan, Target Plan Asset Allocations Range Maximum		50.00%
Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Amount of Employer and Related Party Securities Included in Plan Assets		$ 770,000
Defined Benefit Plan Maximum Percent Of Assets Comprised Of Entity Common Stock		10.00%
Defined Benefit Plan, Future Amortization of Gain (Loss)		$ 1,583,000
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets		7.75%	8.00%	8.00%	7.75%
Defined Benefit Plan Percent Of Assets Comprised Of Entity Common Stock		2.50%
Defined Benefit Plans, Estimated Future Employer Contributions in Next Fiscal Year		$ 3,000,000
[1]	Amounts in parentheses indicate credits.
[2]	These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost (see Note 14 for additional details).

LEASE COMMITMENTS (Details)

LEASE COMMITMENTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Operating Leased Assets [Line Items]
2,017	$ 578
2,018	390
2,019	223
2,020	234
2,021	234
2022 and thereafter	1,505
Operating Leases, Rent Expense, Net, Total	$ 767	$ 821	$ 732

COMMITMENTS AND CONTINGENT L106

COMMITMENTS AND CONTINGENT LIABILITIES (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Loss Contingencies [Line Items]
Carrying value of commitment	$ 890,000	$ 877,000
Commitments to extend credit [Member]
Loss Contingencies [Line Items]
Amount of commitment	160,500,000	170,500,000
Standby letters of credit [Member]
Loss Contingencies [Line Items]
Amount of commitment	8,500,000	7,500,000
Amount of commitments secured	$ 3,900,000	$ 2,700,000
Standby letters of credit [Member] | Maximum [Member]
Loss Contingencies [Line Items]
Term of commitment	2 years
Standby letters of credit [Member] | Minimum [Member]
Loss Contingencies [Line Items]
Term of commitment	1 year

PREFERRED STOCK (Details Textua

PREFERRED STOCK (Details Textual) - USD ($) $ in Millions	1 Months Ended
	Aug. 11, 2011	Jan. 27, 2016
Temporary Equity [Line Items]
Shares of stock issued	21,000
Aggregate proceeds	$ 21
Redemption price, percent of liquidation amount		100.00%

STOCK COMPENSATION PLANS (Detai

STOCK COMPENSATION PLANS (Details) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
SHARES
Outstanding at beginning of year	470,449	559,909	487,349
Granted	54,000	32,500	115,000
Exercised	(32,661)	(75,923)	(10,700)
Forfeited	(74,222)	(46,037)	(31,740)
Outstanding at end of year	417,566	470,449	559,909
Exercisable at end of year	328,062	336,555	330,822
WEIGHTED AVERAGE EXERCISE PRICE
Outstanding at beginning of year	$ 2.74	$ 2.66	$ 2.55
Granted	3.03	2.96	3.18
Exercised	2.27	2.07	2.25
Forfeited	3.04	3.04	3.08
Outstanding at end of year	2.76	2.74	2.66
Exercise price of common shares	2.69	2.58	2.36
Weighted average fair value of options granted in current year	$ 0.93	$ 0.67	$ 0.85

STOCK COMPENSATION PLANS (De109

STOCK COMPENSATION PLANS (Details 1)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate		1.97%
Expected lives in years	10 years	10 years	10 years
Expected volatility	29.00%	22.00%
Expected dividend rate		1.35%
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	1.56%		2.43%
Expected volatility			28.00%
Expected dividend rate	1.35%		1.25%
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	1.73%		2.74%
Expected volatility			29.00%
Expected dividend rate	1.81%		1.30%

STOCK COMPENSATION PLANS (De110

STOCK COMPENSATION PLANS (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Stock or Unit Option Plan Expense	$ 20,000	$ 29,000	$ 42,000
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized		800,000
Share-based Compensation Arrangement by Share-based Payment Award, Purchase Price of Common Stock, Percent		100.00%
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period		10 years
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period		3 years
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Number of Outstanding Options, Beginning Balance		417,566
Range One [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Number of Exercisable Options, Beginning Balance		328,062
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Lower Range Limit		$ 1.53
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Upper Range Limit		4.60
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Exercisable Options, Weighted Average Exercise Price		$ 2.69
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Exercisable Options, Weighted Average Remaining Contractual Term		5 years 3 months 14 days
Range Two [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Number of Exercisable Options, Beginning Balance		89,504
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Lower Range Limit		$ 2.96
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Upper Range Limit		3.32
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Exercisable Options, Weighted Average Exercise Price		$ 3.02
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Exercisable Options, Weighted Average Remaining Contractual Term		8 years 6 months 4 days

ACCUMULATED OTHER COMPREHENS111

ACCUMULATED OTHER COMPREHENSIVE LOSS (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2016		Dec. 31, 2015		Dec. 31, 2014
Accumulated Other Comprehensive Loss [Line Items]
Beginning balance	[1]	$ (7,555)		$ (6,902)
Other comprehensive loss before reclassifications	[1]	(4,425)		(1,231)
Amounts reclassified from accumulated other comprehensive loss	[1]	403		578
Net current period other comprehensive income (loss)		(4,022)	[1]	(653)	[1]	$ (1,027)
Ending balance	[1]	(11,577)		(7,555)		(6,902)
Net Unrealized Gains and (Losses) on Investment Securities AFS [Member]
Accumulated Other Comprehensive Loss [Line Items]
Beginning balance	[1]	808		1,843
Other comprehensive loss before reclassifications	[1]	(862)		(989)
Amounts reclassified from accumulated other comprehensive loss	[1]	(117)		(46)
Net current period other comprehensive income (loss)	[1]	(979)		(1,035)
Ending balance	[1]	(171)		808		1,843
Defined Benefit Pension Items [Member]
Accumulated Other Comprehensive Loss [Line Items]
Beginning balance	[1]	(8,363)		(8,745)
Other comprehensive loss before reclassifications	[1]	(3,563)		(242)
Amounts reclassified from accumulated other comprehensive loss	[1]	520		624
Net current period other comprehensive income (loss)	[1]	(3,043)		382
Ending balance	[1]	$ (11,406)		$ (8,363)		$ (8,745)
[1]	Amounts in parentheses indicate debits on the Consolidated Balance Sheets.

ACCUMULATED OTHER COMPREHENS112

ACCUMULATED OTHER COMPREHENSIVE LOSS (Details 1) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2016		Dec. 31, 2015		Dec. 31, 2014
Unrealized gains and losses on sale of securities:
Unrealized gains and losses on sale of securities		$ (177)	[1]	$ (71)	[1]	$ (177)
Provision for income tax expense		60	[1]	25	[1]	$ 60
Net of tax	[1]	(117)		(46)
Amortization of defined benefit items
Recognized net actuarial loss	[1],[2]	788		946
Provision for income tax expense	[1],[2]	(268)		(322)
Transition asset	[1],[2]	520		624
Total reclassifications for the period	[1],[2]	$ 403		$ 578
[1]	Amounts in parentheses indicate credits.
[2]	These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost (see Note 14 for additional details).

INTANGIBLE ASSETS (Details Text

INTANGIBLE ASSETS (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Goodwill [Line Items]
Goodwill	$ 11,944	$ 11,944
Goodwill, Impairment Loss	0	$ 0	$ 669
West Chester Capital Advisors [Member]
Goodwill [Line Items]
Goodwill	2,400
Retail Banking [Member]
Goodwill [Line Items]
Goodwill	$ 9,500

SEGMENT RESULTS (Details)

SEGMENT RESULTS (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Contribution of segments to the consolidated results of operations
Net interest income	$ 8,584	$ 8,506	$ 8,486	$ 8,558	$ 8,592	$ 9,035	$ 8,800	$ 8,934	$ 34,134	$ 35,361	$ 34,044
Provision for loan loss	300	300	250	3,100	500	300	200	250	3,950	1,250	375
Non-interest income	3,798	3,661	3,742	3,437	3,848	4,015	3,692	3,712	14,638	15,267	14,323
Non-interest expense	10,509	10,356	10,039	10,711	10,170	10,219	10,239	10,410	41,615	41,038	43,371
Income (loss) before income taxes	1,573	1,511	1,939	(1,816)	1,770	2,531	2,053	1,986	3,207	8,340	4,621
Income tax expense (benefit)	423	446	577	(549)	396	698	632	617	897	2,343	1,598
Net income (loss)	1,150	$ 1,065	$ 1,362	$ (1,267)	1,374	$ 1,833	$ 1,421	$ 1,369	2,310	5,997	3,023
Total assets	1,153,780				1,148,497				1,153,780	1,148,497	1,089,263
Retail banking [Member]
Contribution of segments to the consolidated results of operations
Net interest income									20,860	20,680	20,141
Provision for loan loss									175	192	57
Non-interest income									5,281	5,537	5,633
Non-interest expense									21,704	21,849	22,531
Income (loss) before income taxes									4,262	4,176	3,186
Income tax expense (benefit)									1,252	1,160	958
Net income (loss)									3,010	3,016	2,228
Total assets	357,500				415,008				357,500	415,008	376,009
Commercial Banking [Member]
Contribution of segments to the consolidated results of operations
Net interest income									18,518	18,390	16,777
Provision for loan loss									3,775	1,058	318
Non-interest income									439	552	381
Non-interest expense									10,453	10,303	10,868
Income (loss) before income taxes									4,729	7,581	5,972
Income tax expense (benefit)									1,387	2,167	1,819
Net income (loss)									3,342	5,414	4,153
Total assets	635,843				589,840				635,843	589,840	563,690
Trust [Member]
Contribution of segments to the consolidated results of operations
Net interest income									56	58	47
Provision for loan loss									0	0	0
Non-interest income									8,749	8,683	8,118
Non-interest expense									7,097	6,606	6,967
Income (loss) before income taxes									1,708	2,135	1,198
Income tax expense (benefit)									581	726	634
Net income (loss)									1,127	1,409	564
Total assets	5,217				5,263				5,217	5,263	5,015
Investment/ Parent [Member]
Contribution of segments to the consolidated results of operations
Net interest income									(5,300)	(3,767)	(2,921)
Provision for loan loss									0	0	0
Non-interest income									169	495	191
Non-interest expense									2,361	2,280	3,005
Income (loss) before income taxes									(7,492)	(5,552)	(5,735)
Income tax expense (benefit)									(2,323)	(1,710)	(1,813)
Net income (loss)									(5,169)	(3,842)	(3,922)
Total assets	$ 155,220				$ 138,386				$ 155,220	$ 138,386	$ 144,549

REGULATORY CAPITAL (Details)

REGULATORY CAPITAL (Details) - USD ($) $ in Thousands		Dec. 31, 2016	Dec. 31, 2015
Summarized regulatory capital ratio of company
Total Capital (To RWA), Actual Amount		$ 107,618	$ 106,890
Tier 1 Common Equity (To RWA), Actual Amount		96,796	96,092
Tier 1 Capital (To RWA), Actual Amount		96,796	96,092
Tier 1 Capital (To Average Assets), Actual Amount		$ 96,796	$ 96,092
Total Capital (To RWA), Actual Ratio		11.35%	11.67%
Tier 1 Common Equity (To RWA), Actual Ratio		10.21%	10.49%
Tier 1 Capital (To RWA), Actual Ratio		10.21%	10.49%
Tier 1 Capital (To Average Assets), Actual Ratio		8.61%	8.97%
Total Capital (To RWA), Minimun Required For Capital Adequacy Purpose		8.00%	8.00%
Tier 1 Common Equity (To RWA), Minimum Required For Capital Adequacy Purpose		4.50%	4.50%
Tier 1 Capital (To RWA), Minimun Required For Capital Adequacy Purpose		6.00%	6.00%
Tier 1 Capital (To Average Assets), Minimun Required For Capital Adequacy Purpose		4.00%	4.00%
Total Capital (To RWA), To Be Will Capitalized Under Prompt Corrective Action Regulations	[1]	10.00%	10.00%
Tier 1 Common Equity (To RWA),To Be Will Capitalized Under Prompt Corrective Action Regulations	[1]	6.50%	6.50%
Tier 1 Capital (To RWA), TTo Be Will Capitalized Under Prompt Corrective Action Regulations	[1]	8.00%	8.00%
Tier 1 Capital (To Average Assets), To Be Will Capitalized Under Prompt Corrective Action Regulations	[1]	5.00%	5.00%
Parent Company [Member]
Summarized regulatory capital ratio of company
Total Capital (To RWA), Actual Amount		$ 125,131	$ 144,096
Tier 1 Common Equity (To RWA), Actual Amount		95,028	93,202
Tier 1 Capital (To RWA), Actual Amount		106,868	125,648
Tier 1 Capital (To Average Assets), Actual Amount		$ 106,868	$ 125,648
Total Capital (To RWA), Actual Ratio		13.15%	15.55%
Tier 1 Common Equity (To RWA), Actual Ratio		9.99%	10.06%
Tier 1 Capital (To RWA), Actual Ratio		11.23%	13.56%
Tier 1 Capital (To Average Assets), Actual Ratio		9.35%	11.41%
[1]	Applies to the Bank only.

REGULATORY CAPITAL (Details Tex

REGULATORY CAPITAL (Details Textual)	Dec. 31, 2016	Dec. 31, 2015
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tangible Capital to Tangible Assets	7.31%	7.57%

PARENT COMPANY FINANCIAL INF117

PARENT COMPANY FINANCIAL INFORMATION (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
ASSETS
Cash	$ 25,107	$ 23,443
Short-term investments in money market funds	5,900	18,107
Investment securities available for sale	127,077	119,467
Other assets	4,243	4,952
TOTAL ASSETS	1,153,780	1,148,497	$ 1,089,263
LIABILITIES
Guaranteed junior subordinated deferrable interest debentures	12,908	12,892
Subordinated debt	7,441	7,418
Other liabilities	11,954	9,172
TOTAL LIABILITIES	1,058,385	1,029,524
STOCKHOLDERS' EQUITY
Total stockholders’ equity	95,395	118,973	$ 114,407
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	1,153,780	1,148,497
Parent Company [Member]
ASSETS
Cash	100	100
Short-term investments in money market funds	5,397	21,793
Investment securities available for sale	6,041	8,484
Other assets	2,665	3,197
TOTAL ASSETS	116,529	140,307
LIABILITIES
Guaranteed junior subordinated deferrable interest debentures	12,908	12,892
Subordinated debt	7,441	7,418
Other liabilities	785	1,024
TOTAL LIABILITIES	21,134	21,334
STOCKHOLDERS' EQUITY
Total stockholders’ equity	95,395	118,973
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	116,529	140,307
Parent Company [Member] | Banking Subsidiary [Member]
ASSETS
Equity investment	97,158	100,726
Parent Company [Member] | Non Banking Subsidiaries [Member]
ASSETS
Equity investment	$ 5,168	$ 6,007

PARENT COMPANY FINANCIAL INF118

PARENT COMPANY FINANCIAL INFORMATION (Details 1) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
INCOME
Interest, dividend and other income	$ 10,582	$ 10,476	$ 10,389	$ 10,422	$ 10,282	$ 10,667	$ 10,409	$ 10,523	$ 41,869	$ 41,881	$ 40,441
EXPENSE
Interest expense	1,998	1,970	1,903	1,864	1,690	1,632	1,609	1,589	7,735	6,520	6,397
Salaries and employee benefits									24,034	24,042	24,960
Other expense									5,271	4,727	4,906
INCOME (LOSS) BEFORE INCOME TAXES AND EQUITY IN UNDISTRIBUTED EARNINGS OF SUBSIDIARIES	1,573	1,511	1,939	(1,816)	1,770	2,531	2,053	1,986	3,207	8,340	4,621
Benefit for income taxes	423	446	577	(549)	396	698	632	617	897	2,343	1,598
NET INCOME	$ 1,150	$ 1,065	$ 1,362	$ (1,267)	$ 1,374	$ 1,833	$ 1,421	$ 1,369	2,310	5,997	3,023
COMPREHENSIVE INCOME (LOSS)									(1,712)	5,344	1,996
Parent Company [Member]
INCOME
Inter-entity management and other fees									2,305	2,432	2,432
Interest, dividend and other income									214	669	262
TOTAL INCOME									6,169	9,176	5,064
EXPENSE
Interest expense									1,640	1,125	1,121
Salaries and employee benefits									2,314	2,302	2,576
Other expense									1,549	1,563	1,996
TOTAL EXPENSE									5,503	4,990	5,693
INCOME (LOSS) BEFORE INCOME TAXES AND EQUITY IN UNDISTRIBUTED EARNINGS OF SUBSIDIARIES									666	4,187	(629)
Benefit for income taxes									(1,015)	642	1,020
Equity in undistributed earnings of subsidiaries									629	1,168	2,632
NET INCOME									2,310	5,997	3,023
COMPREHENSIVE INCOME (LOSS)									(1,712)	5,344	1,996
Parent Company [Member] | Banking Subsidiary [Member]
INCOME
Dividends from subsidiaries									3,000	5,100	1,500
Parent Company [Member] | Non Banking Subsidiaries [Member]
INCOME
Dividends from subsidiaries									$ 650	$ 975	$ 870

PARENT COMPANY FINANCIAL INF119

PARENT COMPANY FINANCIAL INFORMATION (Details 2) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
OPERATING ACTIVITIES
Net income	$ 1,150	$ 1,065	$ 1,362	$ (1,267)	$ 1,374	$ 1,833	$ 1,421	$ 1,369	$ 2,310	$ 5,997	$ 3,023
Adjustment to reconcile net income to net cash (used in) provided by operating activities:
Stock compensation expense									94	186	66
Other - net									(1,186)	(1,674)	1,179
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES									6,668	9,832	4,962
INVESTING ACTIVITIES
Proceeds from maturity of investment securities - available for sale									24,574	24,532	22,900
Proceeds from life insurance policies									0	1,598	0
NET CASH PROVIDED BY INVESTING ACTIVITIES									(25,185)	(49,855)	(30,894)
FINANCING ACTIVITIES
Preferred stock redemption									(21,000)	0	0
Preferred stock dividends paid									(15)	(210)	(210)
Common stock dividends paid									(945)	(754)	(752)
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES									4,080	55,661	28,738
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS									(14,437)	15,638	2,806
CASH AND CASH EQUIVALENTS AT JANUARY 1				48,510				32,872	48,510	32,872	30,066
CASH AND CASH EQUIVALENTS AT DECEMBER 31	34,073				48,510				34,073	48,510	32,872
Parent Company [Member]
OPERATING ACTIVITIES
Net income									2,310	5,997	3,023
Adjustment to reconcile net income to net cash (used in) provided by operating activities:
Equity in undistributed earnings of subsidiaries									(629)	(1,168)	(2,632)
Stock compensation expense									20	29	42
Other - net									1,463	842	(505)
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES									3,164	5,700	(72)
INVESTING ACTIVITIES
Purchase of investment securities - available for sale									(996)	(1,533)	(2,027)
Proceeds from maturity of investment securities - available for sale									3,396	4,669	2,284
Proceeds from life insurance policies									0	719	0
NET CASH PROVIDED BY INVESTING ACTIVITIES									2,400	3,855	257
FINANCING ACTIVITIES
Subordinated debt issuance, net									0	7,418	0
Preferred stock redemption									(21,000)	0	0
Preferred stock dividends paid									(15)	(210)	(210)
Common stock dividends paid									(945)	(754)	(752)
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES									(21,960)	6,454	(962)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS									(16,396)	16,009	(777)
CASH AND CASH EQUIVALENTS AT JANUARY 1				$ 21,893				$ 5,884	21,893	5,884	6,661
CASH AND CASH EQUIVALENTS AT DECEMBER 31	$ 5,497				$ 21,893				$ 5,497	$ 21,893	$ 5,884

PARENT COMPANY FINANCIAL INF120

PARENT COMPANY FINANCIAL INFORMATION (Details Textual)	Dec. 31, 2016USD ($)
Dividend Payments Restrictions Schedule, Statutory Capital and Surplus	$ 109,600,000

SELECTED QUARTERLY CONSOLIDA121

SELECTED QUARTERLY CONSOLIDATED FINANCIAL DATA (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Interest income	$ 10,582	$ 10,476	$ 10,389	$ 10,422	$ 10,282	$ 10,667	$ 10,409	$ 10,523	$ 41,869	$ 41,881	$ 40,441
Interest expense	1,998	1,970	1,903	1,864	1,690	1,632	1,609	1,589	7,735	6,520	6,397
Net interest income	8,584	8,506	8,486	8,558	8,592	9,035	8,800	8,934	34,134	35,361	34,044
Provision (credit) for loan losses	300	300	250	3,100	500	300	200	250	3,950	1,250	375
Net interest income after provision (credit) for loan losses	8,284	8,206	8,236	5,458	8,092	8,735	8,600	8,684	30,184	34,111	33,669
Non-interest income	3,798	3,661	3,742	3,437	3,848	4,015	3,692	3,712	14,638	15,267	14,323
Non-interest expense	10,509	10,356	10,039	10,711	10,170	10,219	10,239	10,410	41,615	41,038	43,371
Income (loss) before income taxes	1,573	1,511	1,939	(1,816)	1,770	2,531	2,053	1,986	3,207	8,340	4,621
Provision (benefit) for income taxes	423	446	577	(549)	396	698	632	617	897	2,343	1,598
Net income (loss)	$ 1,150	$ 1,065	$ 1,362	$ (1,267)	$ 1,374	$ 1,833	$ 1,421	$ 1,369	$ 2,310	$ 5,997	$ 3,023
Basic earnings (loss) per common share	$ 0.06	$ 0.06	$ 0.07	$ (0.07)	$ 70	$ 90	$ 70	$ 70	$ 0.12	$ 0.31	$ 0.15
Diluted earnings (loss) per common share	0.06	0.06	0.07	(0.07)	70	90	70	70	0.12	0.31	0.15
Cash dividends declared per common share	$ 0.015	$ 0.015	$ 0.010	$ 0.010	$ 10	$ 10	$ 10	$ 10	$ 0.05	$ 0.04	$ 0.04