First Community (FCCO) 10-Q 9 May 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2017	May 09, 2017
Document and Entity Information
Entity Registrant Name	FIRST COMMUNITY CORP /SC/
Entity Central Index Key	932,781
Document Type	10-Q
Trading Symbol	fcco
Document Period End Date	Mar. 31, 2017
Amendment Flag	false
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 Common Stock, Shares Outstanding		6,697,130
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
ASSETS
Cash and due from banks	$ 12,022	$ 11,925
Interest-bearing bank balances	17,435	9,475
Federal funds sold and securities purchased under agreements to resell	600	599
Investment securities held-to-maturity	17,148	17,193
Investment securities available-for-sale	242,896	253,394
Other investments, at cost	2,494	1,809
Loans held for sale	4,191	5,707
Loans	555,298	546,709
Less, allowance for loan losses	5,368	5,214
Net loans	549,930	541,495
Property, furniture and equipment - net	30,765	29,833
Land held for sale	1,055	1,055
Bank owned life insurance	21,050	20,905
Other real estate owned	1,156	1,146
Intangible assets	1,027	1,102
Goodwill	5,078	5,078
Other assets	8,066	14,077
Total assets	914,913	914,793
Deposits:
Non-interest bearing demand	192,165	182,915
Interest bearing	583,446	583,707
Total deposits	775,611	766,622
Securities sold under agreements to repurchase	19,388	19,527
Federal Home Loan Bank advances	15,548	24,035
Junior subordinated debt	14,964	14,964
Other liabilities	6,271	7,784
Total liabilities	831,782	832,932
SHAREHOLDERS' EQUITY
Preferred stock, par value $1.00 per share, 10,000,000 shares authorized; none issued and outstanding
Common stock, par value $1.00 per share; 10,000,000 shares authorized; issued and outstanding 6,697,130 at March 31, 2017 6,708,393 at December 31, 2016	6,697	6,708
Common stock warrants issued	46	46
Nonvested restricted stock	(256)	(220)
Additional paid in capital	75,786	75,991
Retained earnings (deficit)	1,732	573
Accumulated other comprehensive income (loss)	(874)	(1,237)
Total shareholders' equity	83,131	81,861
Total liabilities and shareholders' equity	$ 914,913	$ 914,793

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Mar. 31, 2017	Dec. 31, 2016
Consolidated Balance Sheets
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	6,697,130	6,708,393
Common stock, shares outstanding	6,697,130	6,708,393

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Interest income:
Loans, including fees	$ 6,326	$ 5,681
Investment securities - taxable	945	948
Investment securities - non taxable	473	485
Federal funds sold and securities purchased under resale agreements	19	14
Other	10	9
Total interest income	7,773	7,137
Interest expense:
Deposits	442	448
Securities sold under agreement to repurchase	10	10
Other borrowed money	260	342
Total interest expense	712	800
Net interest income	7,061	6,337
Provision for loan losses	116	140
Net interest income after provision for loan losses	6,945	6,197
Non-interest income:
Deposit service charges	320	347
Mortgage banking income	670	665
Investment advisory fees and non-deposit commissions	258	291
Gain on sale of securities	54	59
Gain on sale of other real estate owned	20	3
Loss on early extinguishment of debt	(58)
Other	714	724
Total non-interest income	1,978	2,089
Non-interest expense:
Salaries and employee benefits	4,086	3,751
Occupancy	527	559
Equipment	446	429
Marketing and public relations	221	94
FDIC Assessment	78	138
Other real estate expense	27	51
Amortization of intangibles	75	83
Other	1,260	1,237
Total non-interest expense	6,720	6,342
Net income before tax	2,203	1,944
Income taxes	447	476
Net income	$ 1,756	$ 1,468
Basic earnings per common share (in dollars per share)	$ 0.27	$ 0.22
Diluted earnings per common share (in dollars per share)	$ 0.26	$ 0.22

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Consolidated Statements Of Comprehensive Income
Net income	$ 1,756	$ 1,468
Other comprehensive income (loss):
Unrealized gain during the period on available-for-sale securities, net of tax of $206 and $946, respectively	399	1,836
Less: Reclassification adjustment for gain on available-for-sale securities included in net income, net of tax expense of $18 and $20, respectively	(36)	(39)
Other comprehensive income (loss)	363	1,797
Comprehensive income	$ 2,119	$ 3,265

CONSOLIDATED STATEMENTS OF COM6

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Consolidated Statements Of Comprehensive Income
Unrealized gain (loss) during the period on available-for-sale securities, taxes	$ 206	$ 946
Reclassification adjustment for (gain) loss included in net income, taxes	$ 18	$ 20

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Warrant [Member]	Additional Paid-In Capital [Member]	Restricted Stock [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
Beginning Balance at Dec. 31, 2015	$ 6,690	$ 46	$ 75,761	$ (297)	$ (3,992)	$ 830	$ 79,038
Beginning Balance, in shares at Dec. 31, 2015	6,690,000				1,468		1,468
Net income						1,797	$ 1,468
Other comprehensive income net of tax							1,797
Issuance of restricted stock	$ 22		268	$ (290)
Issuance of restricted stock, in shares	22,000			97			97
Restricted stock shares surrendered	$ (26)		(327)				$ (353)
Restricted stock shares surrendered, in shares	(26,000)
Shares forfeited
Issuance of common stock	$ 1		13				14
Issuance of common stock, in shares	1,000
Dividends: Common					$ (527)		(527)
Dividend reinvestment plan	$ 6		71				77
Dividend reinvestment plan, in shares	6,000
Ending Balance at Mar. 31, 2016	$ 6,693	46	75,786	$ (490)	(3,051)	2,627	81,611
Ending Balance, in shares at Mar. 31, 2016	6,693,000
Beginning Balance at Dec. 31, 2016	$ 6,693	46	75,786	(490)	(3,051)	2,627	81,861
Beginning Balance, in shares at Dec. 31, 2016	6,693,000
Net income					1,756		1,756
Other comprehensive income net of tax						363	363
Issuance of restricted stock	$ 5		100	(105)
Issuance of restricted stock, in shares	5,000
Amortization of compensation on restricted stock				60			60
Restricted stock shares surrendered	$ (19)		(369)				(388)
Restricted stock shares surrendered, in shares	(19,000)
Shares forfeited	$ (2)		(27)	9			(20)
Shares forfeited, in shares	(2,000)
Dividends: Common					(597)		(597)
Dividend reinvestment plan	$ 5		91				96
Dividend reinvestment plan, in shares	5,000
Ending Balance at Mar. 31, 2017	$ 6,697	$ 46	$ 75,786	$ (256)	$ 1,732	$ (874)	$ 83,131
Ending Balance, in shares at Mar. 31, 2017	6,697,000

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Cash flows from operating activities:
Net income	$ 1,756	$ 1,468
Adjustments to reconcile net income to net cash provided in operating activities:
Depreciation	357	325
Premium amortization	871	976
Provision for loan losses	116	140
Writedowns of other real estate owned	11	5
Gain on sale of other real estate owned	(20)	(3)
Originations of HFS loans	(19,162)	(18,184)
Sale of loans held-for-sale	20,678	18,601
Amortization of intangibles	75	83
Accretion on acquired loans	(70)	(235)
Writedown of land held for sale	90
Gain on sale of securities	(54)	(59)
Loss on extinguishment of debt	58
(Increase) Decrease in other assets	5,768	(5)
Decrease in other liabilities	(1,512)	(290)
Net cash provided in operating activities	8,962	2,822
Cash flows from investing activities:
Purchase of investment securities available-for-sale	(1,733)	(20,362)
Maturity/call of investment securities available-for-sale	8,679	8,614
Proceeds from sale of securities available-for-sale	2,414	11,479
Proceeds from sale of other investments	314
Increase in loans	(8,596)	(4,668)
Proceeds from sale of other real estate owned	5	981
Purchase of property and equipment	(1,379)	(580)
Net cash used in investing activities	(296)	(4,536)
Cash flows from financing activities:
Increase in deposit accounts	9,003	6,085
Decrease in securities sold under agreements to repurchase	(139)	(336)
Advances from the Federal Home Loan Bank	14,000	30,500
Repayment of advances from the Federal Home Loan Bank	(22,563)	(30,861)
Issuance of common stock		14
Shares forfeited	(20)
Shares retired	(388)	(353)
Dividend reinvestment plan	(597)	(527)
Dividends paid: Common Stock	96	77
Net cash provided from financing activities	(608)	4,599
Net increase (decrease) in cash and cash equivalents	8,058	2,885
Cash and cash equivalents at beginning of year	21,999	22,940	$ 22,940
Cash and cash equivalents at end of year	30,057	25,825	$ 21,999
Cash paid during the period for:
Interest	705	782
Taxes	275	50
Non-cash investing and financing activities:
Unrealized (loss) gain on securities available-for-sale	363	1,797
Transfer of loans to foreclosed property	$ 26	$ 11

ORGANIZATION AND BASIS OF PRESE

ORGANIZATION AND BASIS OF PRESENTATION	3 Months Ended
	Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND BASIS OF PRESENTATION	Note 1 - Basis of Presentation In the opinion of management, the accompanying unaudited consolidated balance sheets, and the consolidated statements of income, comprehensive income, changes in shareholders’ equity, and the cash flows of First Community Corporation (the “Company”), present fairly in all material respects the Company’s financial position at March 31, 2017 and December 31, 2016, and the Company’s results of operations and cash flows for the three months ended March 31, 2017 and 2016. The results of operations for the three months ended March 31, 2017 are not necessarily indicative of the results that may be expected for the year ending December 31, 2017. In the opinion of management, all adjustments necessary to fairly present the consolidated financial position and consolidated results of operations have been made. All such adjustments are of a normal, recurring nature. All significant intercompany accounts and transactions have been eliminated in consolidation. The consolidated financial statements and notes thereto are presented in accordance with the instructions for Form 10-Q. The information included in the Company’s 2016 Annual Report on Form 10-K should be referred to in connection with these unaudited interim financial statements.

EARNINGS PER SHARE

EARNINGS PER SHARE	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
EARNINGS PER SHARE	Note 2 – Earnings Per Common Share The following reconciles the numerator and denominator of the basic and diluted earnings per common share computation: (In thousands except average market price) Three months ended March 31, 2017 2016 Numerator (Net income available to common shareholders) $ 1,756 $ 1,468 Denominator Weighted average common shares outstanding for: Basic shares 6,619 6,573 Dilutive securities: Deferred compensation 55 36 Warrants/Restricted stock -Treasury stock method 140 142 Diluted shares 6,814 6,751 The average market price used in calculating assumed number of shares $ 20.42 $ 13.64 There were no options outstanding as of March 31, 2017 and March 31, 2016. In the fourth quarter of 2011, we issued $2.5 million in 8.75% subordinated notes maturing December 16, 2019. On November 15, 2012, the subordinated notes were redeemed in full at par. Warrants for 107,500 shares of common stock at $5.90 per share were issued in connection with the issuance of the subordinated debt. There were 97,180 warrants outstanding at March 31, 2017. These warrants expire December 16, 2019 and are included in dilutive securities in the table above. The Company has issued a total of 138,000 restricted shares under the terms of its compensation plans and employment agreements. The employee shares cliff vest over a three year period; the non-employee director shares vest one year after issuance. The unrecognized compensation cost at March 31, 2017 for non-vested shares amounts to $256 thousand. In February 2017, the Company issued 353 stock units, to an employee, that cliff vest over three years. Each unit is convertible into one share of common stock at the time the units vest. The related compensation cost is accrued over the vesting period. In 2006, the Company established a Non-Employee Director Deferred Compensation Plan, whereby a director may elect to defer all or any part of annual retainer and monthly meeting fees payable with respect to service on the board of directors or a committee of the board. Units of common stock are credited to the director’s account at the time compensation is earned and are included in dilutive securities in the table above. At March 31, 2017 and December 31, 2016, there were 105,909 and 101,888 units in the plan, respectively. The accrued liability at March 31, 2017 and December 31, 2016 amounted to $1.1 million and $966 thousand, respectively, and is included in “Other liabilities” on the balance sheet.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	3 Months Ended
	Mar. 31, 2017
Investments, Debt and Equity Securities [Abstract]
INVESTMENT SECURITIES	Note 3—Investment Securities The amortized cost and estimated fair values of investment securities are summarized below: AVAILABLE-FOR-SALE: (Dollars in thousands) Amortized Gross Gross Fair Value March 31, 2017: US Treasury securities $ 1,536 $ — $ 15 $ 1,521 Government sponsored enterprises 953 38 — 991 Mortgage-backed securities 138,663 479 1,508 137,634 Small Business Administration pools 48,353 170 532 47,991 State and local government 53,902 1,087 1,085 53,904 Corporate and other securities 932 — 77 855 $ 244,339 $ 1,774 $ 3,217 $ 242,896 December 31, 2016: US Treasury securities $ 1,538 $ — $ 18 $ 1,520 Government sponsored enterprises 959 38 — 997 Mortgage-backed securities 145,696 480 1,878 144,298 Small Business Administration pools 50,560 208 584 50,184 State and local government 54,702 907 1,075 54,534 Corporate and other securities 1,932 — 71 1,861 $ 255,387 $ 1,633 $ 3,626 $ 253,394 HELD-TO-MATURITY: (Dollars in thousands) Amortized Gross Gross Fair Value March 31, 2017: State and local government $ 17,148 $ 132 $ 52 $ 17,228 $ 17,148 $ 132 $ 52 $ 17,228 December 31, 2016: State and local government $ 17,193 $ 54 $ 133 $ 17,114 $ 17,193 $ 54 $ 133 $ 17,114 During the three months ended March 31, 2017 and March 31, 2016, the Company received proceeds of $2.4 million and $11.5 million, respectively, from the sale of investment securities available-for-sale. For the three months ended March 31, 2017, gross realized gains from the sale of investment securities available-for-sale amounted to $73.5 thousand and gross realized losses amounted to $19.2 thousand. Gross realized gains amounted to $58.8 thousand and there were no gross losses from the sale of investment securities for the three months ended March 31, 2016. At March 31, 2017, corporate and other securities available-for-sale included the following at fair value: mutual funds at $795.0 thousand and foreign debt of $60.2 thousand. At December 31, 2016, corporate and other securities available-for-sale included the following at fair value: mutual funds at $801.1 thousand, foreign debt of $60.1 thousand, and corporate preferred stock in the amount of $1.0 million. Other investments, at cost include Federal Home Loan Bank (“FHLB”) stock in the amount of $1.5 million and corporate stock in the amount of $1.0 million at March 31, 2017. The Company held $1.8 million of FHLB stock at December 31, 2016. The following tables show gross unrealized losses and fair values, aggregated by investment category and length of time that individual securities have been in a continuous loss position, at March 31, 2017 and December 31, 2016. Less than 12 months 12 months or more Total March 31, 2017 Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Available-for-sale securities: US Treasury $ 1,521 $ 15 $ — $ — $ 1,521 $ 15 Government Sponsored Enterprise mortgage-backed securities 63,743 1,297 17,222 211 80,965 1,508 Small Business Administration pools 13,931 192 22,556 340 36,487 532 State and local government 18,070 1,085 — — 18,070 1,085 Corporate bonds and other — — 795 77 795 77 Total $ 97,265 $ 2,589 $ 40,573 $ 628 $ 137,838 $ 3,217 Less than 12 months 12 months or more Total March 31, 2017 Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Held-to-maturity securities: State and local government $ 4,511 $ 52 $ — $ — $ 4,511 $ 52 Total $ 4,511 $ 52 $ — $ — $ 4,511 $ 52 Less than 12 months 12 months or more Total December 31, 2016 Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Available-for-sale securities: US Treasury $ 1,520 $ 18 $ — $ — $ 1,520 $ 18 Government Sponsored Enterprise mortgage-backed securities 77,389 1,597 16,655 281 94,044 1,878 Small Business Administration pools 15,213 206 23,382 378 38,595 584 State and local government 17,502 1,075 — — 17,502 1,075 Corporate bonds and other — — 801 71 801 71 Total $ 111,624 $ 2,896 $ 40,838 $ 730 $ 152,462 $ 3,626 Less than 12 months 12 months or more Total December 31, 2016 Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Held-to-maturity securities: State and local government $ 10,245 $ 133 $ — $ — $ 10,245 $ 133 Total $ 10,245 $ 133 $ — $ — $ 10,245 $ 133 Government Sponsored Enterprise, Mortgage-Backed Securities: Non-agency Mortgage Backed Securities: State and Local Governments and Other: The following sets forth the amortized cost and fair value of investment securities at March 31, 2017 by contractual maturity. Expected maturities differ from contractual maturities because borrowers may have the right to call or prepay the obligations with or without prepayment penalties. MBSs are based on average life at estimated prepayment speeds. Available-for-sale Held-to-maturity (Dollars in thousands) Amortized Fair Amortized Fair Due in one year or less $ 8,454 $ 8,552 $ — $ — Due after one year through five years 137,965 138,059 6,942 7,001 Due after five years through ten years 91,784 90,284 10,206 10,227 Due after ten years 6,136 6,001 — — $ 244,339 $ 242,896 $ 17,148 $ 17,228

LOANS

LOANS	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
LOANS	Note 4—Loans Loans summarized by category as of March 31, 2017, December 31, 2016 and March 31, 2016 are as follows: March 31, December 31, March 31, (Dollars in thousands) 2017 2016 2016 Commercial, financial and agricultural $ 40,537 $ 42,704 $ 39,092 Real estate: Construction 32,438 45,746 39,311 Mortgage-residential 46,668 47,472 47,768 Mortgage-commercial 397,179 371,112 329,093 Consumer: Home equity 30,481 31,368 30,419 Other 7,995 8,307 8,338 Total $ 555,298 $ 546,709 $ 494,021 The detailed activity in the allowance for loan losses and the recorded investment in loans receivable as of and for the three months ended March 31, 2017 and March 31, 2016 and for the year ended December 31, 2016 is as follows: Real estate Real estate Real estate Mortgage Mortgage Consumer Consumer (Dollars in thousands) Commercial Construction Residential Commercial Home equity Other Unallocated Total March 31, 2017 Allowance for loan losses: Beginning balance $ 145 $ 104 $ 438 $ 2,793 $ 153 $ 127 $ 1,454 $ 5,214 Charge-offs — — — (24 ) — (27 ) — (51 ) Recoveries 2 — 1 81 1 4 — 89 Provisions (7 ) (33 ) (41 ) 8 9 55 125 116 Ending balance $ 140 $ 71 $ 398 $ 2,858 $ 163 $ 159 $ 1,579 $ 5,368 Ending balances: Individually evaluated for impairment $ — $ — $ 2 $ 5 $ — $ — $ — $ 7 Collectively evaluated for impairment 140 71 396 2,853 163 159 1,579 5,361 March 31, 2017 Ending balance-total $ 40,537 $ 32,438 $ 46,668 $ 397,179 $ 30,481 $ 7,995 $ — $ 555,298 Ending balances: Individually evaluated for impairment — — 731 4,441 56 — — 5,228 Collectively evaluated for impairment $ 40,537 $ 32,438 $ 45,937 $ 392,738 $ 30,425 $ 7,995 $ — $ 550,070 Real estate Real estate Real estate Mortgage Mortgage Consumer Consumer (Dollars in thousands) Commercial Construction Residential Commercial Home equity Other Unallocated Total March 31, 2016 Allowance for loan losses: Beginning balance $ 75 $ 51 $ 223 $ 2,036 $ 127 $ 37 $ 2,047 $ 4,596 Charge-offs — — — (45 ) — (18 ) — (63 ) Recoveries 2 — 2 6 1 3 — 14 Provisions (4 ) 6 12 4 (41 ) 4 159 140 Ending balance $ 73 $ 57 $ 237 $ 2,001 $ 87 $ 26 $ 2,206 $ 4,687 Ending balances: Individually evaluated for impairment $ — $ — $ — $ 3 $ — $ — $ — $ 3 Collectively evaluated for impairment 73 57 237 1,998 87 26 2,206 4,684 March 31, 2016 Ending balance-total $ 39,092 $ 39,311 $ 47,768 $ 329,093 $ 30,419 $ 8,338 $ — $ 494,021 Ending balances: Individually evaluated for impairment 3 — 877 7,165 — — — 8,045 Collectively evaluated for impairment $ 39,089 $ 39,311 $ 46,891 $ 321,928 $ 30,419 $ 8,338 $ — $ 485,976 Real estate Real estate Real estate Mortgage Mortgage Consumer Consumer (Dollars in thousands) Commercial Construction Residential Commercial Home equity Other Unallocated Total December 31, 2016 Allowance for loan losses: Beginning balance December 31, 2015 $ 75 $ 51 $ 223 $ 2,036 $ 127 $ 37 $ 2,047 $ 4,596 Charge-offs — — (11 ) (136 ) (20 ) (72 ) — (239 ) Recoveries 5 — 40 21 3 14 — 83 Provisions 65 53 186 872 43 148 (593 ) 774 Ending balance December 31, 2016 $ 145 $ 104 $ 438 $ 2,793 $ 153 $ 127 $ 1,454 $ 5,214 Ending balances: Individually evaluated for impairment $ — $ — $ 2 $ 4 $ — $ — $ — $ 6 Collectively evaluated for impairment 145 104 436 2,789 153 127 1,454 5,208 Loans receivable: Ending balance-total $ 42,704 $ 45,746 $ 47,472 $ 371,112 $ 31,368 $ 8,307 $ — $ 546,709 Ending balances: Individually evaluated for impairment — — 639 5,124 56 — — 5,819 Collectively evaluated for impairment $ 42,704 $ 45,746 $ 46,833 $ 365,988 $ 31,312 $ 8,307 $ — $ 540,890 Related party loans and lines of credit are made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with unrelated persons and generally do not involve more than the normal risk of collectability. The following table presents related party loan transactions for the three months ended March 31, 2017 and March 31, 2016: (Dollars in thousands) 2017 2016 Beginning Balance December 31, $ 6,103 $ 7,037 New Loans 2 5 Less loan repayments 519 179 Ending Balance March 31, $ 5,586 $ 6,863 The following table presents at March 31, 2017 and December 31, 2016 loans individually evaluated and considered impaired under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 310 “Accounting by Creditors for Impairment of a Loan.” Impairment includes performing troubled debt restructurings (“TDRs”). (Dollars in thousands) March 31, December 31, 2017 2016 Total loans considered impaired $ 5,228 $ 5,819 Loans considered impaired for which there is a related allowance for loan loss: Outstanding loan balance 221 224 Related allowance 7 6 Loans considered impaired and previously written down to fair value 5,007 5,595 Average impaired loans 8,454 8,727 The following tables are by loan category and present at March 31, 2017, December 31, 2016 and March 31, 2016 loans individually evaluated and considered impaired under FASB ASC 310 “Accounting by Creditors for Impairment of a Loan.” Impairment includes performing TDRs. (Dollars in thousands) Three months ended March 31, 2017 Unpaid Average Interest Recorded Principal Related Recorded Income Investment Balance Allowance Investment Recognized With no allowance recorded: Commercial $ — $ — $ — $ — $ — Real estate: Construction — — — — — Mortgage-residential 686 696 — 749 5 Mortgage-commercial 4,265 6,711 — 7,428 75 Consumer: Home Equity 56 56 — 56 — Other — — — — — With an allowance recorded: Commercial — — — — — Real estate: Construction — — — — — Mortgage-residential 45 45 2 45 1 Mortgage-commercial 176 176 5 176 4 Consumer: Home Equity — — — — — Other — — — — — Total: Commercial — — — — — Real estate: Construction — — — — — Mortgage-residential 731 741 2 794 6 Mortgage-commercial 4,441 6,887 5 7,604 79 Consumer: Home Equity 56 56 — 56 — Other — — — — — $ 5,228 $ 7,684 $ 7 $ 8,454 $ 85 (Dollars in thousands) Three months ended March 31, 2016 Unpaid Average Interest Recorded Principal Related Recorded Income Investment Balance Allowance Investment Recognized With no allowance recorded: Commercial $ 3 $ 3 $ — $ 8 $ — Real estate: Construction — — — — — Mortgage-residential 829 859 — 1,049 1 Mortgage-commercial 7,165 9,902 — 11,665 25 Consumer: Home Equity — — — — — Other — — — — — With an allowance recorded: Commercial — — — — — Real estate: Construction — — — — — Mortgage-residential 48 48 3 49 — Mortgage-commercial — — — — — Consumer: Home Equity — — — — — Other — — — — — Total: Commercial 3 3 — 8 — Real estate: Construction — — — — — Mortgage-residential 877 907 3 1,098 1 Mortgage-commercial 7,165 9,902 — 11,665 25 Consumer: Home Equity — — — — — Other — — — — — $ 8,045 $ 10,812 $ 3 $ 12,771 $ 26 (Dollars in thousands) December 31, 2016 Unpaid Average Interest Recorded Principal Related Recorded Income Investment Balance Allowance Investment Recognized With no allowance recorded: Commercial $ — $ — $ — $ — $ — Real estate: Construction — — — — — Mortgage-residential 593 603 — 660 — Mortgage-commercial 4,946 6,821 — 7,777 98 Consumer: Home Equity 56 56 — 56 — Other — — — — — With an allowance recorded: Commercial — — — — — Real estate: Construction — — — — — Mortgage-residential 46 46 2 48 2 Mortgage-commercial 178 178 4 186 12 Consumer: Home Equity — — — — — Other — — — — — Total: Commercial — — — — — Real estate: Construction — — — — — Mortgage-residential 639 649 2 708 2 Mortgage-commercial 5,124 6,999 4 7,963 110 Consumer: Home Equity 56 56 — 56 — Other — — — — — $ 5,819 $ 7,704 $ 6 $ 8,727 $ 112 The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt, including: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company analyzes loans individually by classifying the loans as to credit risk. This analysis is performed on a monthly basis. The Company uses the following definitions for risk ratings: Special Mention Substandard Doubtful Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered as pass rated loans. As of March 31, 2017 and December 31, 2016, and based on the most recent analysis performed, the risk category of loans by class of loans is shown in the table below. As of March 31, 2017 and December 31, 2016, no loans were classified as doubtful. (Dollars in thousands) March 31, 2017 Special Pass Mention Substandard Doubtful Total Commercial, financial & agricultural $ 40,326 $ 211 $ — $ — $ 40,537 Real estate: Construction 32,438 — — — 32,438 Mortgage – residential 44,859 596 1,213 — 46,668 Mortgage – commercial 385,743 5,795 5,641 — 397,179 Consumer: Home Equity 30,047 176 258 — 30,481 Other 7,990 5 — — 7,995 Total $ 541,403 $ 6,783 $ 7,112 $ — $ 555,298 (Dollars in thousands) December 31, 2016 Special Pass Mention Substandard Doubtful Total Commercial, financial & agricultural $ 42,486 $ 218 $ — $ — $ 42,704 Real estate: Construction 45,746 — — — 45,746 Mortgage – residential 45,751 622 1,099 — 47,472 Mortgage – commercial 358,767 5,773 6,572 — 371,112 Consumer: Home Equity 30,929 180 259 — 31,368 Other 8,301 6 — — 8,307 Total $ 531,980 $ 6,799 $ 7,930 $ — $ 546,709 At March 31, 2017 and December 31, 2016, non-accrual loans totaled $3.5 million and $4.1 million, respectively. TDRs that are still accruing and included in impaired loans at March 31, 2017 and December 31, 2016 amounted to $1.8 million and $1.8 million, respectively. TDRs in non-accrual status at March 31, 2017 and December 31, 2016 amounted to $1.2 million and $1.2 million, respectively. Loans greater than 90 days delinquent and still accruing interest were $108.0 thousand and $53.0 thousand at March 31, 2017 and December 31, 2016, respectively. Acquired credit-impaired loans are accounted for under the accounting guidance for loans and debt securities acquired with deteriorated credit quality, found in FASB ASC Topic 310-30, ( Receivables—Loans and Debt Securities Acquired with Deteriorated Credit Quality), A summary of changes in the accretable yield for PCI loans for the three months ended March 31, 2017 and March 31, 2016 follows: (Dollars in thousands) Three Months Three Months Accretable yield, beginning of period $ 34 $ 92 Additions 44 — Accretion (22 ) (42 ) Reclassification of nonaccretable difference due to improvement in — — Other changes, net — — Accretable yield, end of period $ 56 $ 50 The following tables are by loan category and present loans past due and on non-accrual status as of March 31, 2017 and December 31, 2016: (Dollars in thousands) 30-59 60-89 Greater Nonaccrual Total Current Total Commercial $ — $ — $ — $ — $ — $ 40,537 $ 40,537 Real estate: Construction — — — — — 32,438 32,438 Mortgage-residential 41 29 108 686 864 45,804 46,668 Mortgage-commercial 1,896 116 — 2,723 4,735 392,444 397,179 Consumer: Home equity 47 48 — 56 151 30,330 30,481 Other 17 2 — — 19 7,976 7,995 Total $ 2,001 $ 195 $ 108 $ 3,465 $ 5,769 $ 549,529 $ 555,298 (Dollars in thousands) 30-59 60-89 Greater Nonaccrual Total Current Total Commercial $ 11 $ — $ — $ — $ 11 $ 42,693 $ 42,704 Real estate: Construction — — — — — 45,746 45,746 Mortgage-residential 194 145 32 593 964 46,508 47,472 Mortgage-commercial 995 337 — 3,400 4,732 366,380 371,112 Consumer: Home equity 59 64 16 56 195 31,173 31,368 Other 16 1 5 — 22 8,285 8,307 Total $ 1,275 $ 547 $ 53 $ 4,049 $ 5,924 $ 540,785 $ 546,709 The Company identifies TDRs as impaired under the guidance in ASC 310-10-35. As shown in the table below, one loan was determined to be a TDR during the three months ended March 31, 2016. The loan was modified to extend the term of the loan due to financial hardship of the borrower. There were no loans determined to be TDRs that were restructured during the three-month period ended March 31, 2017. For the three months ended March 31, 2016 Troubled Debt Number Pre-Modification Post-Modification Accrual Mortgage-Commercial 1 $ 413 $ 413 Total Accrual 1 $ — $ — Total TDRs 1 $ 413 $ 413 During the three month periods ended March 31, 2017 and March 31, 2016, there were no loans determined to be TDRs in the previous twelve months that had payment defaults. Defaulted loans are those loans that are greater than 89 days past due. In the determination of the allowance for loan losses, all TDRs are reviewed to ensure that one of the three proper valuation methods (fair market value of the collateral, present value of cash flows, or observable market price) is adhered to. All non-accrual loans are written down to their corresponding collateral value. All troubled TDR accruing loans that have a loan balance that exceeds the present value of cash flows will have a specific allocation. All nonaccrual loans are considered impaired. Under ASC 310-10, a loan is impaired when it is probable that the Company will be unable to collect all amounts due including both principal and interest according to the contractual terms of the loan agreement.

RECENTLY ISSUED ACCOUNTING PRON

RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS	3 Months Ended
	Mar. 31, 2017
Accounting Changes and Error Corrections [Abstract]
RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS	Note 5 - Recently Issued Accounting Pronouncements The following is a summary of recent authoritative pronouncements: In May 2014, the FASB issued guidance to change the recognition of revenue from contracts with customers. The core principle of the new guidance is that an entity should recognize revenue to reflect the transfer of goods and services to customers in an amount equal to the consideration the entity receives or expects to receive. The guidance will be effective for the Company for reporting periods beginning after December 15, 2017. The Company will apply the guidance using a modified retrospective approach. The Company does not expect these amendments to have a material effect on its financial statements. In August 2015, the FASB deferred the effective date of ASU 2014-09, Revenue from Contracts with Customers. As a result of the deferral, the guidance in ASU 2014-09 will be effective for the Company for reporting periods beginning after December 15, 2017. The Company will apply the guidance using a modified retrospective approach. The Company does not expect these amendments to have a material effect on its financial statements. In January 2016, the FASB amended the Financial Instruments topic of the Accounting Standards Codification to address certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. The amendments will be effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The Company will apply the guidance by means of a cumulative-effect adjustment to the balance sheet as of the beginning of the fiscal year of adoption. The amendments related to equity securities without readily determinable fair values will be applied prospectively to equity investments that exist as of the date of adoption of the amendments. The Company does not expect these amendments to have a material effect on its financial statements. In February 2016, the FASB amended the Leases topic of the Accounting Standards Codification to revise certain aspects of recognition, measurement, presentation, and disclosure of leasing transactions. The amendments will be effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company is currently evaluating the effect that implementation of the new standard will have on its financial position, results of operations, and cash flows. In March 2016, the FASB amended the Revenue from Contracts with Customers topic of the Accounting Standards Codification to clarify the implementation guidance on principal versus agent considerations and address how an entity should assess whether it is the principal or the agent in contracts that include three or more parties. The amendments will be effective for the Company for reporting periods beginning after December 15, 2017. The Company does not expect these amendments to have a material effect on its financial statements. In March 2016, the FASB issued guidance to simplify several aspects of the accounting for share-based payment award transactions including the income tax consequences, the classification of awards as either equity or liabilities, and the classification on the statement of cash flows. Additionally, the guidance simplifies two areas specific to entities other than public business entities allowing them apply a practical expedient to estimate the expected term for all awards with performance or service conditions that have certain characteristics and also allowing them to make a one-time election to switch from measuring all liability-classified awards at fair value to measuring them at intrinsic value. The amendments became effective for the Company for annual periods beginning after December 15, 2016 and interim periods within those annual periods. These amendments did not have a material effect on its financial statements. In June 2016, the FASB issued guidance to change the accounting for credit losses and modify the impairment model for certain debt securities. The amendments will be effective for the Company for reporting periods beginning after December 15, 2019 . In August 2016, the FASB amended the Statement of Cash Flows topic of the Accounting Standards Codification to clarify how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The amendments will be effective for the Company for fiscal years beginning after December 15, 2017 including interim periods within those fiscal years . In December 2016, the FASB issued technical corrections and improvements to the Revenue from Contracts with Customers Topic. These corrections make a limited number of revisions to several pieces of the revenue recognition standard issued in 2014. The effective date and transition requirements for the technical corrections will be effective for the Company for reporting periods beginning after December 15, 2017. The Company will apply the guidance using a full retrospective approach. The Company does not expect these amendments to have a material effect on its financial statements. In January 2017, the FASB issued guidance to clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The amendment to the Business Combinations Topic is intended to address concerns that the existing definition of a business has been applied too broadly and has resulted in many transactions being recorded as business acquisitions that in substance are more akin to asset acquisitions. The guidance will be effective for the Company for reporting periods beginning after December 15, 2017. Early adoption is permitted. The Company does not expect these amendments to have a material effect on its financial statements. In January 2017, the FASB updated the Accounting Changes and Error Corrections and the Investments—Equity Method and Joint Ventures Topics of the Accounting Standards Codification. The ASU incorporates into the Accounting Standards Codification recent SEC guidance about disclosing, under SEC SAB Topic 11.M, the effect on financial statements of adopting the revenue, leases, and credit losses standards. The ASU was effective upon issuance. The Company is currently evaluating the impact on additional disclosure requirements as each of the standards is adopted, however it does not expect these amendments to have a material effect on its financial position, results of operations or cash flows. In January 2017, the FASB amended the Goodwill and Other Topic of the Accounting Standards Codification to simplify the accounting for goodwill impairment for public business entities and other entities that have goodwill reported in their financial statements and have not elected the private company alternative for the subsequent measurement of goodwill. The amendment removes Step 2 of the goodwill impairment test. A goodwill impairment will now be the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. The effective date and transition requirements for the technical corrections will be effective for the Company for reporting periods beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company does not expect these amendments to have a material effect on its financial statements. Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies are not expected to have a material impact on the Company’s financial position, results of operations or cash flows.

FAIR VALUE MEASUREMENT

FAIR VALUE MEASUREMENT	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENT	Note 6 – Fair Value of Financial Instruments The Company adopted FASB ASC Fair Value Measurement Topic 820, which defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. ASC 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value: Level l Quoted prices in active markets for identical assets or liabilities. Level 2 Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3 Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Level 3 assets and liabilities include financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. FASB ASC 825-10-50 “Disclosure about Fair Value of Financial Instruments”, requires the Company to disclose estimated fair values for its financial instruments. Fair value estimates, methods, and assumptions are set forth below. Cash and Short Term Investments - Investment Securities - Loans Held for Sale - Loans - Other Real Estate Owned (“OREO”) - Accrued Interest Receivable Deposits - Federal Home Loan Bank Advances - Short Term Borrowings - Junior Subordinated Debentures - Accrued Interest Payable - Commitments to Extend Credit The carrying amount and estimated fair value by classification level of the Company’s financial instruments as of March 31, 2017 and December 31, 2016 are as follows: March 31, 2017 Carrying Fair Value (Dollars in thousands) Amount Total Level 1 Level 2 Level 3 Financial Assets: Cash and short term investments $ 30,057 $ 30,057 $ 30,057 $ — $ — Held-to-maturity securities 17,148 17,228 — 17,228 — Available-for-sale securities 243,896 243,896 795 242,101 1,000 Other investments, at cost 2,494 2,494 — — 2,494 Loans held for sale 4,191 4,191 — 4,191 — Net loans receivable 549,930 548,592 — 543,364 5,228 Accrued interest 2,818 2,818 2,818 — — Financial liabilities: Non-interest bearing demand deposits $ 192,165 $ 192,165 $ — $ 192,165 $ — Interest bearing demand deposits and money market accounts 333,644 333,644 — 333,644 — Savings 74,169 74,169 — 74,169 — Time deposits 175,633 176,047 — 176,047 — Total deposits 775,611 776,025 — 776,025 — Federal Home Loan Bank Advances 15,548 15,905 — 15,905 — Short term borrowings 19,388 19,388 — 19,388 — Junior subordinated debentures 14,964 14,968 — 14,968 — Accrued interest payable 595 595 595 — — December 31, 2016 Carrying Fair Value (Dollars in thousands) Amount Total Level 1 Level 2 Level 3 Financial Assets: Cash and short term investments $ 21,999 $ 21,999 $ 21,999 $ — $ — Held-to-maturity securities 17,193 17,114 — 17,114 — Available-for-sale securities 253,394 253,394 801 251,593 1,000 Other investments, at cost 1,809 1,809 — — 1,809 Loans held for sale 5,707 5,707 — 5,707 — Net loans receivable 541,495 540,487 — 534,674 5,813 Accrued interest 2,925 2,925 2,925 — — Financial liabilities: Non-interest bearing demand $ 182,915 $ 182,915 $ — $ 182,915 $ — NOW and money market accounts 327,459 327,459 — 327,459 — Savings 75,012 75,012 — 75,012 — Time deposits 181,236 181,638 — 181,638 — Total deposits 766,622 767,024 — 767,024 — Federal Home Loan Bank Advances 24,035 24,518 — 24,518 — Short term borrowings 19,527 19,527 — 19,527 — Junior subordinated debentures 14,964 15,258 — 15,258 — Accrued interest payable 602 602 602 — — The following tables summarize quantitative disclosures about the fair value for each category of assets carried at fair value as of March 31, 2017 and December 31, 2016 that are measured on a recurring basis. There were no liabilities carried at fair value as of March 31, 2017 or December 31, 2016 that are measured on a recurring basis. (Dollars in thousands) Description March 31 2017 Quoted Significant Significant Available for sale securities US Treasury Securities $ 1,521 $ — $ 1,521 $ — Government sponsored enterprises 991 — 991 — Mortgage-backed securities 137,634 — 137,634 — Small Business Administration pools 47,991 — 47,991 — State and local government 53,904 — 53,904 — Corporate and other securities 855 795 60 — Total $ 242,896 $ 795 $ 242,101 $ — (Dollars in thousands) Description December Quoted Significant Significant Available for sale securities US Treasury Securities $ 1,520 $ — $ 1,520 $ — Government sponsored enterprises 997 — 997 — Mortgage-backed securities 144,298 — 144,298 — Small Business Administration securities 50,184 — 50,184 — State and local government 54,534 — 54,534 — Corporate and other securities 1,861 801 60 1,000 Total $ 253,394 $ 801 $ 251,593 $ 1,000 The following table reconciles the changes in Level 3 financial instruments for the three months ended March 31, 2017 and March 31, 2016 that are measured on a recurring basis. March 31, 2017 2016 (Dollars in thousands) Corporate Corporate Beginning Balance $ 1,000 $ 417 Total gains or losses (realized/unrealized) — — Included in other comprehensive income — — Purchases, issuances, and settlements — — Transfers in and/or out of Level 3 (1,000 ) — Ending Balance $ — $ 417 The following tables summarize quantitative disclosures about the fair value for each category of assets carried at fair value as of March 31, 2017 and December 31, 2016 that are measured on a non-recurring basis. (Dollars in thousands) Description March 31, Quoted Prices Significant Significant Impaired loans: Commercial $ — $ — $ — $ — Real estate: Mortgage-residential 729 — — 729 Mortgage-commercial 4,436 — — 4,436 Consumer: Home equity 56 — — 56 Other — — — — Total impaired 5,221 — — 5,221 Other real estate owned: Construction 141 — — 141 Mortgage-residential 269 — — 269 Mortgage-commercial 746 — — 746 Total other real estate owned 1,156 — — 1,156 Total $ 6,384 $ — $ — $ 6,384 (Dollars in thousands) Description December 31, Quoted Prices Significant Significant Impaired loans: Commercial & Industrial $ — $ — $ — $ — Real estate: Mortgage-residential 637 — — 637 Mortgage-commercial 5,120 — — 5,120 Consumer: Home equity 56 — — 56 Other — — — — Total impaired 5,813 — — 5,813 Other real estate owned: Construction 141 — — 141 Mortgage-residential 269 — — 269 Mortgage-commercial 736 — — 736 Total other real estate owned 1,146 — — 1,146 Total $ 6,959 $ — $ — $ 6,959 The Company has a large percentage of loans with real estate serving as collateral. Loans which are deemed to be impaired are primarily valued on a nonrecurring basis at the fair value of the underlying real estate collateral. Such fair values are obtained using independent appraisals, which the Company considers to be Level 3 inputs. Third party appraisals are generally obtained when a loan is identified as being impaired or at the time it is transferred to OREO. This internal process consists of evaluating the underlying collateral to independently obtained comparable properties. With respect to less complex or smaller credits, an internal evaluation may be performed. Generally, the independent and internal evaluations are updated annually. Factors considered in determining the fair value include, among others, geographic sales trends, the value of comparable surrounding properties and the condition of the property. The aggregate amount of impaired loans was $8.0 million and $7.0 million as of March 31, 2017 and December 31, 2016, respectively. For Level 3 assets and liabilities measured at fair value on a recurring or non-recurring basis as of March 31, 2017 and December 31, 2016, the significant unobservable inputs used in the fair value measurements were as follows: (Dollars in thousands) Fair Value as of Valuation Technique Significant Significant OREO $ 1,156 Appraisal Value/Comparison Sales/Other estimates Appraisals and or sales of comparable properties Appraisals discounted 6% to 16% for sales commissions and other holding cost Impaired loans $ 5,221 Appraisal Value Appraisals and or sales of comparable properties Appraisals discounted 6% to 16% for sales commissions and other holding cost (Dollars in thousands) Fair Value as Valuation Technique Significant Significant Corporate and Other Securities $ 1,000 Estimation based on comparable non-listed securities Comparable transactions n/a OREO $ 1,146 Appraisal Value/Comparison Sales/Other estimates Appraisals and or sales of comparable properties Appraisals discounted 6% to 16% for sales commissions and other holding cost Impaired loans $ 5,813 Appraisal Value Appraisals and or sales of comparable properties Appraisals discounted 6% to 16% for sales commissions and other holding cost

DEPOSITS

DEPOSITS	3 Months Ended
	Mar. 31, 2017
Banking and Thrift [Abstract]
DEPOSITS	Note 7 — Deposits The Company’s total deposits are comprised of the following at the dates indicated: March 31, December 31, Dollars in thousands 2017 2016 Non-interest bearing demand deposits $ 192,165 $ 182,915 Interest bearing demand deposits and money market accounts 333,644 327,459 Savings 74,169 75,012 Time deposits 175,633 181,236 Total deposits $ 775,611 $ 766,622 As of March 31, 2017 and December 31, 2016, the Company had time deposits greater than $250,000 of $36.9 million and $37.7 million, respectively.

REPORTABLE SEGMENTS

REPORTABLE SEGMENTS	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
REPORTABLE SEGMENTS	Note 8 – Reportable Segments The Company’s reportable segments represent the distinct product lines the Company offers and are viewed separately for strategic planning by management. The Company has four reportable segments: · Commercial and retail banking: The Company’s primary business is to provide deposit and lending products and services to its commercial and retail customers. · Mortgage banking: This segment provides mortgage origination services for loans that will be sold to investors in the secondary market. · Investment advisory and non-deposit: This segment provides investment advisory services and non-deposit products. · Corporate: This segment includes the parent company financial information, including interest on parent company debt and dividend income received from First Community Bank (the “Bank”). Three months ended March 31, 2017 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 7,620 $ 59 $ — $ 797 $ (703 ) 7,773 Interest expense 583 — — 129 — 712 Net interest income $ 7,037 $ 59 $ — $ 668 $ (703 ) $ 7,061 Provision for loan losses 116 — — — — 116 Noninterest income 1,050 670 258 — — 1,978 Noninterest expense 5,721 609 294 96 — 6,720 Net income before taxes $ 2,250 $ 120 $ (36 ) $ 572 $ (703 ) $ 2,203 Income tax provision (benefit) 486 — — (39 ) — 447 Net income $ 2,736 $ 120 $ (36 ) $ 611 $ (703 ) $ 1,756 Three months ended March 31, 2016 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 7,095 $ 27 $ — $ 659 $ (644 ) $ 7,137 Interest expense 682 — — 118 — 800 Net interest income $ 6,413 $ 27 $ — $ 541 $ (644 ) $ 6,337 Provision for loan losses 140 — — — — 140 Noninterest income 1,132 666 291 — — 2,089 Noninterest expense 5,419 533 258 132 — 6,342 Net income before taxes $ 1,986 $ 160 $ 33 $ 409 $ (644 ) $ 1,944 Income tax provision (benefit) 539 — — (63 ) — 476 Net income $ 1,447 $ 160 $ 33 $ 472 $ (644 ) $ 1,468 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Total Assets as of March 31, 2017 $ 905,258 $ 8,799 $ 28 $ 99,131 $ (98,303 ) $ 914,913 Total Assets as of December 31, 2016 $ 904,568 $ 8,158 $ 32 $ 98,210 $ (96,175 ) $ 914,793

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2017
Subsequent Events [Abstract]
Subsequent Events	Note 9 – Subsequent Events Subsequent events are events or transactions that occur after the balance sheet date but before financial statements are issued. Recognized subsequent events are events or transactions that provide additional evidence about conditions that existed at the date of the balance sheet, including the estimates inherent in the process of preparing financial statements. Nonrecognized subsequent events are events that provide evidence about conditions that did not exist at the date of the balance sheet but arose after that date. Management has reviewed events occurring through the date the financial statements were available to be issued and no subsequent events occurred requiring accrual. On April 11, 2017, the Company and Cornerstone Bancorp (“Cornerstone”), the parent holding company for Cornerstone National Bank, entered into an Agreement and Plan of Merger (the “Merger Agreement”). The Merger Agreement provides that, subject to the terms and conditions set forth in the Agreement, Cornerstone will merge with and into the Company, with the Company being the surviving corporation in the merger. In addition, promptly following the merger of Cornerstone with and into First Community, Cornerstone National Bank will be merged with and into the Bank. Subject to the terms and conditions of the Merger Agreement, each share of Cornerstone common stock will be converted into the right to receive one of the following: (i) $11.00 in cash, (ii) a number of shares of the Company’s common stock equal to the exchange ratio (described below), or (iii) a combination of cash and the Company’s common stock, subject to the limitations that, excluding any dissenting shares, 70% of Cornerstone’s outstanding shares of common stock will be exchanged for the Company’s common stock and 30% of Cornerstone’s outstanding shares of common stock will be exchanged for cash. Cash will also be paid in lieu of fractional shares. The exchange ratio will be 0.54 shares of the Company’s common stock per one share of Cornerstone common stock. In connection with the merger, subject to the terms and conditions of the Merger Agreement, each outstanding Cornerstone stock option will be cancelled in exchange for a cash payment. In addition, in connection with the merger, subject to the terms and conditions of the Merger Agreement, Cornerstone will use its reasonable best efforts to redeem, subject to regulatory approval, all of its outstanding shares of Series A Preferred Stock prior to the closing of the merger. If the Series A Preferred Stock is not redeemed prior to closing, then at closing each outstanding share of Series A Preferred Stock will be automatically converted into one share of preferred stock of First Community having the same rights, preferences, privileges, and voting powers and limitations and restrictions as the Series A Preferred Stock immediately prior to closing. Based on the number of shares of Cornerstone common stock outstanding as of March 31, 2017, and assuming all Cornerstone options are cashed out prior to the merger, the Company will issue approximately 877,000 shares and will pay approximately $7.7 million in cash in the merger. The Company intends to file a Registration Statement on Form S-4 with the Securities and Exchange Commission (the “SEC”) to register up to the maximum number of shares to be issued under the terms of the Merger Agreement. Consummation of the merger is subject to the satisfaction of certain conditions, including approval of the Merger Agreement by the shareholders of Cornerstone and approval by the appropriate regulatory agencies. The merger is expected to close early in the fourth quarter of 2017.

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Schedule of reconciliation of the numerator and denominator of the basic and diluted earnings per common share computation	The following is a summary of the tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities: December 31, (Dollars in thousands) 2016 2015 Assets: Allowance for loan losses $ 1,798 $ 1,584 Excess tax basis of deductible intangible assets 293 315 Excess tax basis of assets acquired 221 537 Net operating loss carry forward 419 388 Compensation expense deferred for tax purposes 1,286 1,133 Deferred loss on other-than-temporary-impairment charges 8 8 Interest on nonaccrual loans — — Tax credit carry-forwards (113 ) 699 Other 733 754 Total deferred tax asset 4,645 5,418 Valuation reserve 517 487 Total deferred tax asset net of valuation reserve 4,128 4,931 Liabilities: Tax depreciation in excess of book depreciation 307 411 Excess financial reporting basis of assets acquired 1,310 1,368 Unrealized gain on available-for-sale securities 422 410 Other — — Total deferred tax liabilities 2,039 2,189 Net deferred tax asset recognized $ 2,089 $ 2,742

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	3 Months Ended
	Mar. 31, 2017
Investments, Debt and Equity Securities [Abstract]
Schedule of amortized cost and estimated fair values of available-for-sale	AVAILABLE-FOR-SALE: (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value March 31, 2017: US Treasury securities $ 1,536 $ — $ 15 $ 1,521 Government sponsored enterprises 953 38 — 991 Mortgage-backed securities 138,663 479 1,508 137,634 Small Business Administration pools 48,353 170 532 47,991 State and local government 53,902 1,087 1,085 53,904 Corporate and other securities 932 — 77 855 $ 244,339 $ 1,774 $ 3,217 $ 242,896 December 31, 2016: US Treasury securities $ 1,538 $ — $ 18 $ 1,520 Government sponsored enterprises 959 38 — 997 Mortgage-backed securities 145,696 480 1,878 144,298 Small Business Administration pools 50,560 208 584 50,184 State and local government 54,702 907 1,075 54,534 Corporate and other securities 1,932 — 71 1,861 $ 255,387 $ 1,633 $ 3,626 $ 253,394
Schedule of amortized cost and estimated fair values of held-to-maturity securities	HELD-TO-MATURITY: (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value March 31, 2017: State and local government $ 17,148 $ 132 $ 52 $ 17,228 $ 17,148 $ 132 $ 52 $ 17,228 December 31, 2016: State and local government $ 17,193 $ 54 $ 133 $ 17,114 $ 17,193 $ 54 $ 133 $ 17,114
Schedule of the amortized cost and fair value of investment securities by expected maturity	The following tables show gross unrealized losses and fair values, aggregated by investment category and length of time that individual securities have been in a continuous loss position, at March 31, 2017 and December 31, 2016. Less than 12 months 12 months or more Total March 31, 2017 (Dollars in thousands) Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss Available-for-sale securities: US Treasury $ 1,521 $ 15 $ — $ — $ 1,521 $ 15 Government Sponsored Enterprise mortgage-backed securities 63,743 1,297 17,222 211 80,965 1,508 Small Business Administration pools 13,931 192 22,556 340 36,487 532 State and local government 18,070 1,085 — — 18,070 1,085 Corporate bonds and other — — 795 77 795 77 Total $ 97,265 $ 2,589 $ 40,573 $ 628 $ 137,838 $ 3,217 Less than 12 months 12 months or more Total March 31, 2017 (Dollars in thousands) Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss Held-to-maturity securities: State and local government $ 4,511 $ 52 $ — $ — $ 4,511 $ 52 Total $ 4,511 $ 52 $ — $ — $ 4,511 $ 52 Less than 12 months 12 months or more Total December 31, 2016 (Dollars in thousands) Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss Available-for-sale securities: US Treasury $ 1,520 $ 18 $ — $ — $ 1,520 $ 18 Government Sponsored Enterprise mortgage-backed securities 77,389 1,597 16,655 281 94,044 1,878 Small Business Administration pools 15,213 206 23,382 378 38,595 584 State and local government 17,502 1,075 — — 17,502 1,075 Corporate bonds and other — — 801 71 801 71 Total $ 111,624 $ 2,896 $ 40,838 $ 730 $ 152,462 $ 3,626 Less than 12 months 12 months or more Total December 31, 2016 (Dollars in thousands) Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss Held-to-maturity securities: State and local government $ 10,245 $ 133 $ — $ — $ 10,245 $ 133 Total $ 10,245 $ 133 $ — $ — $ 10,245 $ 133
Schedule of gross unrealized losses and fair values, aggregated by investment category and length of time that individual securities have been in a continuous loss position	The following sets forth the amortized cost and fair value of investment securities at March 31, 2017 by contractual maturity. Expected maturities differ from contractual maturities because borrowers may have the right to call or prepay the obligations with or without prepayment penalties. MBSs are based on average life at estimated prepayment speeds. Available-for-sale Held-to-maturity (Dollars in thousands) Amortized Cost Fair Value Amortized Cost Fair Value Due in one year or less $ 8,454 $ 8,552 $ — $ — Due after one year through five years 137,965 138,059 6,942 7,001 Due after five years through ten years 91,784 90,284 10,206 10,227 Due after ten years 6,136 6,001 — — $ 244,339 $ 242,896 $ 17,148 $ 17,228

LOANS (Tables)

LOANS (Tables)	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Summary of loans by category	Loans summarized by category as of March 31, 2017, December 31, 2016 and March 31, 2016 are as follows: March 31, December 31, March 31, (Dollars in thousands) 2017 2016 2016 Commercial, financial and agricultural $ 40,537 $ 42,704 $ 39,092 Real estate: Construction 32,438 45,746 39,311 Mortgage-residential 46,668 47,472 47,768 Mortgage-commercial 397,179 371,112 329,093 Consumer: Home equity 30,481 31,368 30,419 Other 7,995 8,307 8,338 Total $ 555,298 $ 546,709 $ 494,021
Schedule of activity in the allowance for loan losses	The detailed activity in the allowance for loan losses and the recorded investment in loans receivable as of and for the three months ended March 31, 2017 and March 31, 2016 and for the year ended December 31, 2016 is as follows: Real estate Real estate Real estate Mortgage Mortgage Consumer Consumer (Dollars in thousands) Commercial Construction Residential Commercial Home equity Other Unallocated Total March 31, 2017 Allowance for loan losses: Beginning balance December 31, 2016 $ 145 $ 104 $ 438 $ 2,793 $ 153 $ 127 $ 1,454 $ 5,214 Charge-offs — — — (24 ) — (27 ) — (51 ) Recoveries 2 — 1 81 1 4 — 89 Provisions (7 ) (33 ) (41 ) 8 9 55 125 116 Ending balance March 31, 2017 $ 140 $ 71 $ 398 $ 2,858 $ 163 $ 159 $ 1,579 $ 5,368 Ending balances: Individually evaluated for impairment $ — $ — $ 2 $ 5 $ — $ — $ — $ 7 Collectively evaluated for impairment 140 71 396 2,853 163 159 1,579 5,361 March 31, 2017 Loans receivable: Ending balance-total $ 40,537 $ 32,438 $ 46,668 $ 397,179 $ 30,481 $ 7,995 $ — $ 555,298 Ending balances: Individually evaluated for impairment — — 731 4,441 56 — — 5,228 Collectively evaluated for impairment $ 40,537 $ 32,438 $ 45,937 $ 392,738 $ 30,425 $ 7,995 $ — $ 550,070 Real estate Real estate Real estate Mortgage Mortgage Consumer Consumer (Dollars in thousands) Commercial Construction Residential Commercial Home equity Other Unallocated Total March 31, 2016 Allowance for loan losses: Beginning balance December 31, 2015 $ 75 $ 51 $ 223 $ 2,036 $ 127 $ 37 $ 2,047 $ 4,596 Charge-offs — — — (45 ) — (18 ) — (63 ) Recoveries 2 — 2 6 1 3 — 14 Provisions (4 ) 6 12 4 (41 ) 4 159 140 Ending balance March 31, 2016 $ 73 $ 57 $ 237 $ 2,001 $ 87 $ 26 $ 2,206 $ 4,687 Ending balances: Individually evaluated for impairment $ — $ — $ — $ 3 $ — $ — $ — $ 3 Collectively evaluated for impairment 73 57 237 1,998 87 26 2,206 4,684 March 31, 2016 Loans receivable: Ending balance-total $ 39,092 $ 39,311 $ 47,768 $ 329,093 $ 30,419 $ 8,338 $ — $ 494,021 Ending balances: Individually evaluated for impairment 3 — 877 7,165 — — — 8,045 Collectively evaluated for impairment $ 39,089 $ 39,311 $ 46,891 $ 321,928 $ 30,419 $ 8,338 $ — $ 485,976 Real estate Real estate Real estate Mortgage Mortgage Consumer Consumer (Dollars in thousands) Commercial Construction Residential Commercial Home equity Other Unallocated Total December 31, 2016 Allowance for loan losses: Beginning balance December 31, 2015 $ 75 $ 51 $ 223 $ 2,036 $ 127 $ 37 $ 2,047 $ 4,596 Charge-offs — — (11 ) (136 ) (20 ) (72 ) — (239 ) Recoveries 5 — 40 21 3 14 — 83 Provisions 65 53 186 872 43 148 (593 ) 774 Ending balance December 31, 2016 $ 145 $ 104 $ 438 $ 2,793 $ 153 $ 127 $ 1,454 $ 5,214 Ending balances: Individually evaluated for impairment $ — $ — $ 2 $ 4 $ — $ — $ — $ 6 Collectively evaluated for impairment 145 104 436 2,789 153 127 1,454 5,208 Loans receivable: Ending balance-total $ 42,704 $ 45,746 $ 47,472 $ 371,112 $ 31,368 $ 8,307 $ — $ 546,709 Ending balances: Individually evaluated for impairment — — 639 5,124 56 — — 5,819 Collectively evaluated for impairment $ 42,704 $ 45,746 $ 46,833 $ 365,988 $ 31,312 $ 8,307 $ — $ 540,890
Schedule of activity in the allowance for loan losses and the recorded investment in loans receivable	The following table presents related party loan transactions for the three months ended March 31, 2017 and March 31, 2016: (Dollars in thousands) 2017 2016 Beginning Balance December 31, $ 6,103 $ 7,037 New Loans 2 5 Less loan repayments 519 179 Ending Balance March 31, $ 5,586 $ 6,863
Schedule of related party loan	The following table presents at March 31, 2017 and December 31, 2016 loans individually evaluated and considered impaired under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 310 “Accounting by Creditors for Impairment of a Loan.” Impairment includes performing troubled debt restructurings (“TDRs”). (Dollars in thousands) March 31, December 31, 2017 2016 Total loans considered impaired $ 5,228 $ 5,819 Loans considered impaired for which there is a related allowance for loan loss: Outstanding loan balance 221 224 Related allowance 7 6 Loans considered impaired and previously written down to fair value 5,007 5,595 Average impaired loans 8,454 8,727
Schedule of loans individually evaluated and considered impaired	The following tables are by loan category and present at March 31, 2017, December 31, 2016 and March 31, 2016 loans individually evaluated and considered impaired under FASB ASC 310 “Accounting by Creditors for Impairment of a Loan.” Impairment includes performing TDRs. (Dollars in thousands) Three months ended March 31, 2017 Unpaid Average Interest Recorded Principal Related Recorded Income Investment Balance Allowance Investment Recognized With no allowance recorded: Commercial $ — $ — $ — $ — $ — Real estate: Construction — — — — — Mortgage-residential 686 696 — 749 5 Mortgage-commercial 4,265 6,711 — 7,428 75 Consumer: Home Equity 56 56 — 56 — Other — — — — — With an allowance recorded: Commercial — — — — — Real estate: Construction — — — — — Mortgage-residential 45 45 2 45 1 Mortgage-commercial 176 176 5 176 4 Consumer: Home Equity — — — — — Other — — — — — Total: Commercial — — — — — Real estate: Construction — — — — — Mortgage-residential 731 741 2 794 6 Mortgage-commercial 4,441 6,887 5 7,604 79 Consumer: Home Equity 56 56 — 56 — Other — — — — — $ 5,228 $ 7,684 $ 7 $ 8,454 $ 85 (Dollars in thousands) Three months ended March 31, 2016 Unpaid Average Interest Recorded Principal Related Recorded Income Investment Balance Allowance Investment Recognized With no allowance recorded: Commercial $ 3 $ 3 $ — $ 8 $ — Real estate: Construction — — — — — Mortgage-residential 829 859 — 1,049 1 Mortgage-commercial 7,165 9,902 — 11,665 25 Consumer: Home Equity — — — — — Other — — — — — With an allowance recorded: Commercial — — — — — Real estate: Construction — — — — — Mortgage-residential 48 48 3 49 — Mortgage-commercial — — — — — Consumer: Home Equity — — — — — Other — — — — — Total: Commercial 3 3 — 8 — Real estate: Construction — — — — — Mortgage-residential 877 907 3 1,098 1 Mortgage-commercial 7,165 9,902 — 11,665 25 Consumer: Home Equity — — — — — Other — — — — — $ 8,045 $ 10,812 $ 3 $ 12,771 $ 26 (Dollars in thousands) December 31, 2016 Unpaid Average Interest Recorded Principal Related Recorded Income Investment Balance Allowance Investment Recognized With no allowance recorded: Commercial $ — $ — $ — $ — $ — Real estate: Construction — — — — — Mortgage-residential 593 603 — 660 — Mortgage-commercial 4,946 6,821 — 7,777 98 Consumer: Home Equity 56 56 — 56 — Other — — — — — With an allowance recorded: Commercial — — — — — Real estate: Construction — — — — — Mortgage-residential 46 46 2 48 2 Mortgage-commercial 178 178 4 186 12 Consumer: Home Equity — — — — — Other — — — — — Total: Commercial — — — — — Real estate: Construction — — — — — Mortgage-residential 639 649 2 708 2 Mortgage-commercial 5,124 6,999 4 7,963 110 Consumer: Home Equity 56 56 — 56 — Other — — — — — $ 5,819 $ 7,704 $ 6 $ 8,727 $ 112
Schedule of loan category and loans individually evaluated and considered impaired	As of March 31, 2017 and December 31, 2016, and based on the most recent analysis performed, the risk category of loans by class of loans is shown in the table below. As of March 31, 2017 and December 31, 2016, no loans were classified as doubtful. (Dollars in thousands) March 31, 2017 Special Pass Mention Substandard Doubtful Total Commercial, financial & agricultural $ 40,326 $ 211 $ — $ — $ 40,537 Real estate: Construction 32,438 — — — 32,438 Mortgage – residential 44,859 596 1,213 — 46,668 Mortgage – commercial 385,743 5,795 5,641 — 397,179 Consumer: Home Equity 30,047 176 258 — 30,481 Other 7,990 5 — — 7,995 Total $ 541,403 $ 6,783 $ 7,112 $ — $ 555,298 (Dollars in thousands) December 31, 2016 Special Pass Mention Substandard Doubtful Total Commercial, financial & agricultural $ 42,486 $ 218 $ — $ — $ 42,704 Real estate: Construction 45,746 — — — 45,746 Mortgage – residential 45,751 622 1,099 — 47,472 Mortgage – commercial 358,767 5,773 6,572 — 371,112 Consumer: Home Equity 30,929 180 259 — 31,368 Other 8,301 6 — — 8,307 Total $ 531,980 $ 6,799 $ 7,930 $ — $ 546,709
Schedule of loan category and loan by risk categories	A summary of changes in the accretable yield for PCI loans for the three months ended March 31, 2017 and March 31, 2016 follows: (Dollars in thousands) Three Months Ended March 31, 2017 Three Months Ended March 31, 2016 Accretable yield, beginning of period $ 34 $ 92 Additions 44 — Accretion (22 ) (42 ) Reclassification of nonaccretable difference due to improvement in expected cash flows — — Other changes, net — — Accretable yield, end of period $ 56 $ 50
Schedule of loan category and present loans past due and on non-accrual status	The following tables are by loan category and present loans past due and on non-accrual status as of March 31, 2017 and December 31, 2016: (Dollars in thousands) March 31, 2017 30-59 Days Past Due 60-89 Days Past Due Greater than 90 Days and Accruing Nonaccrual Total Past Due Current Total Loans Commercial $ — $ — $ — $ — $ — $ 40,537 $ 40,537 Real estate: Construction — — — — — 32,438 32,438 Mortgage-residential 41 29 108 686 864 45,804 46,668 Mortgage-commercial 1,896 116 — 2,723 4,735 392,444 397,179 Consumer: Home equity 47 48 — 56 151 30,330 30,481 Other 17 2 — — 19 7,976 7,995 Total $ 2,001 $ 195 $ 108 $ 3,465 $ 5,769 $ 549,529 $ 555,298 (Dollars in thousands) December 31, 2016 30-59 Days Past Due 60-89 Days Past Due Greater than 90 Days and Accruing Nonaccrual Total Past Due Current Total Loans Commercial $ 11 $ — $ — $ — $ 11 $ 42,693 $ 42,704 Real estate: Construction — — — — — 45,746 45,746 Mortgage-residential 194 145 32 593 964 46,508 47,472 Mortgage-commercial 995 337 — 3,400 4,732 366,380 371,112 Consumer: Home equity 59 64 16 56 195 31,173 31,368 Other 16 1 5 — 22 8,285 8,307 Total $ 1,275 $ 547 $ 53 $ 4,049 $ 5,924 $ 540,785 $ 546,709
Schedule by loan category, present loans determined to be TDRs	There were no loans determined to be TDRs that were restructured during the three-month period ended March 31, 2017. For the three months ended March 31, 2016 Troubled Debt Restructurings (Dollars in thousands) Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Accrual Mortgage-Commercial 1 $ 413 $ 413 Total Accrual 1 $ — $ — Total TDRs 1 $ 413 $ 413

FAIR VALUE MEASUREMENT (Tables)

FAIR VALUE MEASUREMENT (Tables)	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Schedule of carrying amount and estimated fair value by classification Level of the Company's financial instruments	The carrying amount and estimated fair value by classification level of the Company’s financial instruments as of March 31, 2017 and December 31, 2016 are as follows: March 31, 2017 Carrying Fair Value (Dollars in thousands) Amount Total Level 1 Level 2 Level 3 Financial Assets: Cash and short term investments $ 30,057 $ 30,057 $ 30,057 — — Held-to-maturity securities 17,148 17,228 — 17,228 — Available-for-sale securities 243,896 243,896 795 242,101 1,000 Other investments, at cost 2,494 2,494 — — 2,494 Loans held for sale 4,191 4,191 — 4,191 — Net loans receivable 549,930 548,592 — 543,364 5,228 Accrued interest 2,818 2,818 2,818 — — Financial liabilities: Non-interest bearing demand deposits $ 192,165 $ 192,165 $ — $ 192,165 — Interest bearing demand deposits and money market accounts 333,644 333,644 — 333,644 — Savings 74,169 74,169 — 74,169 — Time deposits 175,633 176,047 — 176,047 — Total deposits 775,611 776,025 — 776,025 — Federal Home Loan Bank Advances 15,548 15,905 — 15,905 — Short term borrowings 19,388 19,388 — 19,388 — Junior subordinated debentures 14,964 14,968 — 14,968 — Accrued interest payable 595 595 595 — — December 31, 2016 Carrying Fair Value (Dollars in thousands) Amount Total Level 1 Level 2 Level 3 Financial Assets: Cash and short term investments $ 21,999 $ 21,999 $ 21,999 — — Held-to-maturity securities 17,193 17,114 — 17,114 — Available-for-sale securities 253,394 253,394 801 251,593 1,000 Other investments, at cost 1,809 1,809 — — 1,809 Loans held for sale 5,707 5,707 — 5,707 — Net loans receivable 541,495 540,487 — 534,674 5,813 Accrued interest 2,925 2,925 2,925 — — Financial liabilities: Non-interest bearing demand $ 182,915 $ 182,915 $ — $ 182,915 — NOW and money market accounts 327,459 327,459 — 327,459 — Savings 75,012 75,012 — 75,012 — Time deposits 181,236 181,638 — 181,638 — Total deposits 766,622 767,024 — 767,024 — Federal Home Loan Bank Advances 24,035 24,518 — 24,518 — Short term borrowings 19,527 19,527 — 19,527 — Junior subordinated debentures 14,964 15,258 — 15,258 — Accrued interest payable 602 602 602 — —
Schedule of fair value for each category of assets carried at fair value that are measured on a recurring basis	(Dollars in thousands) Description March 31 2017 Quoted Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Available for sale securities US Treasury Securities $ 1,521 $ — $ 1,521 $ — Government sponsored enterprises 991 — 991 — Mortgage-backed securities 137,634 — 137,634 — Small Business Administration pools 47,991 — 47,991 — State and local government 53,904 — 53,904 — Corporate and other securities 855 795 60 — Total $ 242,896 $ 795 $ 242,101 $ — (Dollars in thousands) Description December 31, 2016 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Available for sale securities US Treasury Securities $ 1,520 $ — $ 1,520 $ — Government sponsored enterprises 997 — 997 — Mortgage-backed securities 144,298 — 144,298 — Small Business Administration securities 50,184 — 50,184 — State and local government 54,534 — 54,534 — Corporate and other securities 1,861 801 60 1,000 Total $ 253,394 $ 801 $ 251,593 $ 1,000
Schedule reconciling the changes in Level 3 financial instruments measured on a recurring basis	The following table reconciles the changes in Level 3 financial instruments for the three months ended March 31, 2017 and March 31, 2016 that are measured on a recurring basis. March 31, 2017 2016 ( Dollars in thousands) Corporate Preferred Stock Corporate Preferred Stock Beginning Balance $ 1,000 $ 417 Total gains or losses (realized/unrealized) Included in earnings — — Included in other comprehensive income — — Purchases, issuances, and settlements — — Transfers in and/or out of Level 3 (1,000 ) — Ending Balance $ — $ 417
Schedule of the fair value for each category of assets carried at fair value that are measured on a non-recurring basis	The following tables summarize quantitative disclosures about the fair value for each category of assets carried at fair value as of March 31, 2017 and December 31, 2016 that are measured on a non-recurring basis. (Dollars in thousands) Description March 31, 2017 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Impaired loans: Commercial $ — $ — $ — $ — Real estate: Mortgage-residential 729 — — 729 Mortgage-commercial 4,436 — — 4,436 Consumer: Home equity 56 — — 56 Other — — — — Total impaired 5,221 — — 5,221 Other real estate owned: Construction 141 — — 141 Mortgage-residential 269 — — 269 Mortgage-commercial 746 — — 746 Total other real estate owned 1,156 — — 1,156 Total $ 6,384 $ — $ — $ 6,384 (Dollars in thousands) Description December 31, 2016 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Impaired loans: Commercial & Industrial $ — $ — $ — $ — Real estate: Mortgage-residential 637 — — 637 Mortgage-commercial 5,120 — — 5,120 Consumer: Home equity 56 — — 56 Other — — — — Total impaired 5,813 — — 5,813 Other real estate owned: Construction 141 — — 141 Mortgage-residential 269 — — 269 Mortgage-commercial 736 — — 736 Total other real estate owned 1,146 — — 1,146 Total $ 6,959 $ — $ — $ 6,959
Schedule of significant unobservable inputs used in the fair value measurements	For Level 3 assets and liabilities measured at fair value on a recurring or non-recurring basis as of March 31, 2017 and December 31, 2016, the significant unobservable inputs used in the fair value measurements were as follows: (Dollars in thousands) Fair Value as of March 31, 2017 Valuation Technique Significant Observable Inputs Significant Unobservable Inputs OREO $ 1,156 Appraisal Value/Comparison Sales/Other estimates Appraisals and or sales of comparable properties Appraisals discounted 6% to 16% for sales commissions and other holding cost Impaired loans $ 5,221 Appraisal Value Appraisals and or sales of comparable properties Appraisals discounted 6% to 16% for sales commissions and other holding cost (Dollars in thousands) Fair Value as of December 31, 2016 Valuation Technique Significant Observable Inputs Significant Unobservable Inputs Corporate and Other Securities $ 1,000 Estimation based on comparable non-listed securities Comparable transactions n/a OREO $ 1,146 Appraisal Value/Comparison Sales/Other estimates Appraisals and or sales of comparable properties Appraisals discounted 6% to 16% for sales commissions and other holding cost Impaired loans $ 5,813 Appraisal Value Appraisals and or sales of comparable properties Appraisals discounted 6% to 16% for sales commissions and other holding cost

DEPOSITS (Tables)

DEPOSITS (Tables)	3 Months Ended
	Mar. 31, 2017
Banking and Thrift [Abstract]
Schedule of Total Deposit Liabilities	The Company’s total deposits are comprised of the following at the dates indicated: March 31, December 31, Dollars in thousands 2017 2016 Non-interest bearing demand deposits $ 192,165 $ 182,915 Interest bearing demand deposits and money market accounts 333,644 327,459 Savings 74,169 75,012 Time deposits 175,633 181,236 Total deposits $ 775,611 $ 766,622

REPORTABLE SEGMENTS (Tables)

REPORTABLE SEGMENTS (Tables)	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Schedule of Reportable Segment	Three months ended March 31, 2017 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 7,620 $ 59 $ — $ 797 $ (703 ) 7,773 Interest expense 583 — — 129 — 712 Net interest income $ 7,037 $ 59 $ — $ 668 $ (703 ) $ 7,061 Provision for loan losses 116 — — — — 116 Noninterest income 1,050 670 258 — — 1,978 Noninterest expense 5,721 609 294 96 — 6,720 Net income before taxes $ 2,250 $ 120 $ (36 ) $ 572 $ (703 ) $ 2,203 Income tax provision (benefit) 486 — — (39 ) — 447 Net income $ 2,736 $ 120 $ (36 ) $ 611 $ (703 ) $ 1,756 Note 8 – Reportable Segments-continued Three months ended March 31, 2016 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 7,095 $ 27 $ — $ 659 $ (644 ) $ 7,137 Interest expense 682 — — 118 — 800 Net interest income $ 6,413 $ 27 $ — $ 541 $ (644 ) $ 6,337 Provision for loan losses 140 — — — — 140 Noninterest income 1,132 666 291 — — 2,089 Noninterest expense 5,419 533 258 132 — 6,342 Net income before taxes $ 1,986 $ 160 $ 33 $ 409 $ (644 ) $ 1,944 Income tax provision (benefit) 539 — — (63 ) — 476 Net income $ 1,447 $ 160 $ 33 $ 472 $ (644 ) $ 1,468 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Total Assets as of March 31, 2017 $ 905,258 $ 8,799 $ 28 $ 99,131 $ (98,303 ) $ 914,913 Total Assets as of December 31, 2016 $ 904,568 $ 8,158 $ 32 $ 98,210 $ (96,175 ) $ 914,793

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Earnings Per Share [Abstract]
Numerator (Included in basic and diluted earnings per share)	$ 6,682	$ 1,468
Weighted average common shares outstanding for:
Basic earnings common per share (in shares)	6,619	6,573
Dilutive securities:
Deferred compensation (in shares)	55	36
Warrants - Treasury stock method (in shares)	140	142
Diluted earnings per share (in shares)	6,814	6,751
The average market price used in calculating assumed number of shares (in dollars per share)	$ 20.42	$ 13.64

EARNINGS PER SHARE (Details Nar

EARNINGS PER SHARE (Details Narrative) - USD ($) $ in Thousands	Dec. 16, 2011	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Outstanding Shares (in shares)
Unrecognized compensation cost		$ 256		$ 220
Junior Subordinated Debt [Member]
Debt issued	$ 2,500
Warrant [Member]
Outstanding Shares (in shares)	97,180
Warrants issued (in shares)	107,500

INVESTMENT SECURITIES (Details)

INVESTMENT SECURITIES (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 244,339	$ 255,387
Gross Unrealized Gains	1,774	1,633
Gross Unrealized Losses	3,217	3,626
Fair Value	242,896	253,394
US Treasury Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	1,536	1,538
Gross Unrealized Gains
Gross Unrealized Losses	15	18
Fair Value	1,521	1,520
Government sponsored enterprises [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	953	959
Gross Unrealized Gains	38	38
Gross Unrealized Losses
Fair Value	991	997
Mortgage-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	138,663	145,696
Gross Unrealized Gains	479	480
Gross Unrealized Losses	1,508	1,878
Fair Value	137,634	144,298
Small Business Administration pools [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	48,353	50,560
Gross Unrealized Gains	170	208
Gross Unrealized Losses	532	584
Fair Value	47,991	50,184
State and local government [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	53,902	54,702
Gross Unrealized Gains	1,087	907
Gross Unrealized Losses	1,085	1,075
Fair Value	53,904	54,534
Corporate and other securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	932	1,932
Gross Unrealized Gains
Gross Unrealized Losses	77	71
Fair Value	$ 855	$ 1,861

INVESTMENT SECURITIES (Details

INVESTMENT SECURITIES (Details 2) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Schedule of Trading Securities and Other Trading Assets [Line Items]
Amortized Cost	$ 17,148	$ 17,193
Gross Unrealized Gains	132	54
Gross Unrealized Losses	52	133
Fair Value	17,228	17,114
State and local government [Member]
Schedule of Trading Securities and Other Trading Assets [Line Items]
Amortized Cost	17,148	17,193
Gross Unrealized Gains	132	54
Gross Unrealized Losses	52	133
Fair Value	$ 17,228	$ 17,114

INVESTMENT SECURITIES (Detail28

INVESTMENT SECURITIES (Details 3) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Available-for-sale securities
Less Than 12 Months, Fair Value	$ 97,265	$ 111,624
Less Than 12 Months, Unrealized Losses	2,589	2,896
12 Months Or Longer, Fair Value	40,573	40,838
12 Months Or Longer, Unrealized Losses	628	730
Total Fair Value	137,838	152,462
Total Unrealized Losses	3,217	3,626
Held-to-maturity debt securities
Less Than 12 Months, Fair Value	4,511	10,245
Less Than 12 Months, Unrealized Losses	52	133
12 Months Or Longer, Fair Value
12 Months Or Longer, Unrealized Losses
Total Fair Value	4,511	10,245
Total Unrealized Losses	52	133
US Treasury Securities [Member]
Available-for-sale securities
Less Than 12 Months, Fair Value	1,521	1,520
Less Than 12 Months, Unrealized Losses	15	18
12 Months Or Longer, Fair Value
12 Months Or Longer, Unrealized Losses
Total Fair Value	1,521	1,520
Total Unrealized Losses	15	18
Government sponsored enterprises [Member]
Available-for-sale securities
Less Than 12 Months, Fair Value	63,743	77,389
Less Than 12 Months, Unrealized Losses	1,297	1,597
12 Months Or Longer, Fair Value	17,222	16,655
12 Months Or Longer, Unrealized Losses	211	281
Total Fair Value	80,965	94,044
Total Unrealized Losses	1,508	1,878
Small Business Administration pools [Member]
Available-for-sale securities
Less Than 12 Months, Fair Value	13,931	15,213
Less Than 12 Months, Unrealized Losses	192	206
12 Months Or Longer, Fair Value	22,556	23,382
12 Months Or Longer, Unrealized Losses	340	378
Total Fair Value	36,487	38,595
Total Unrealized Losses	532	584
State and local government [Member]
Available-for-sale securities
Less Than 12 Months, Fair Value	18,070	17,502
Less Than 12 Months, Unrealized Losses	1,085	1,075
12 Months Or Longer, Fair Value
12 Months Or Longer, Unrealized Losses
Total Fair Value	18,070	17,502
Total Unrealized Losses	1,085	1,075
Held-to-maturity debt securities
Less Than 12 Months, Fair Value	4,511	10,245
Less Than 12 Months, Unrealized Losses	52	133
12 Months Or Longer, Fair Value
12 Months Or Longer, Unrealized Losses
Total Fair Value	4,511	10,245
Total Unrealized Losses	52	133
Corporate and other securities [Member]
Available-for-sale securities
Less Than 12 Months, Fair Value
Less Than 12 Months, Unrealized Losses
12 Months Or Longer, Fair Value	795	801
12 Months Or Longer, Unrealized Losses	77	71
Total Fair Value	795	801
Total Unrealized Losses	$ 77	$ 71

INVESTMENT SECURITIES (Detail29

INVESTMENT SECURITIES (Details 4) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Available-for-sale, Amortized Cost
Due in one year or less	$ 8,454
Due after one year through five years	137,965
Due after five years through ten years	91,784
Due after ten years	6,136
Total	244,339	$ 255,387
Available-for-sale, Fair Value
Due in one year or less	8,552
Due after one year through five years	138,059
Due after five years through ten years	90,284
Due after ten years	6,001
Total	242,896	253,394
Held To Maturity Securities, Amortized Cost
Due in one year or less
Due after one year through five years	6,942
Due after five years through ten years	10,206
Due after ten years
Total	17,148	17,193
Held To Maturity Securities, Fair value
Due in one year or less
Due after one year through five years	7,001
Due after five years through ten years	10,227
Due after ten years
Total	$ 17,228	$ 17,114

INVESTMENT SECURITIES (Detail30

INVESTMENT SECURITIES (Details Narrative) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Amortized Cost	$ 244,339		$ 255,387
Fair Value	242,896		253,394
FHLB Stock	1,500		1,800
Corporate Stock	1,000
Proceeds from sale of investment securities available-for-sale	2,414	$ 11,479
Gross realized gains	73	$ 58
Gross realized losses	19
Mutual Funds [Member]
Fair Value	795		801
Foreign Corporate Debt Securities [Member]
Fair Value	$ 60		60
Corporate Preferred Stock [Member]
Fair Value			$ 1,000

LOANS (Details)

LOANS (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 555,298	$ 546,709	$ 494,021
Commercial Financial and Agricultural Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	40,537	42,704	39,092
Real Estate Construction Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	32,438	45,746	39,311
Real estate Mortgage-residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	46,668	47,472	47,768
Real estate Mortgage-commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	397,179	371,112	329,093
Consumer Home Equity Line of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	30,481	31,368	30,419
Consumer Other Financing Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 7,995	$ 8,307	$ 8,338

LOANS (Details 2)

LOANS (Details 2) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Activity in the allowance for loan losses
Balance at the beginning of the period	$ 5,214	$ 4,596	$ 4,596
Charge-offs	(51)	(63)
Recoveries	89	14
Provisions	116	140
Balance at end of the period	5,368	4,687	5,214
Allowance for loan losses
Individually evaluated for impairment	7	3	6
Collectively evaluated for impairment	5,361	4,684	5,208
Loans receivable:
Ending balance-total	555,298	494,021	546,709
Individually evaluated for impairment	5,228	8,045	5,819
Collectively evaluated for impairment	550,070	485,976	540,890
Commercial Loan [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period	145	75	75
Charge-offs
Recoveries	2	2	5
Provisions	(7)	(4)	65
Balance at end of the period	140	73	145
Allowance for loan losses
Individually evaluated for impairment
Collectively evaluated for impairment	140	73	145
Loans receivable:
Ending balance-total	40,537	39,092	42,704
Individually evaluated for impairment		3
Collectively evaluated for impairment	40,537	39,089	42,704
Real Estate Construction Loans [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period	104	51	51
Charge-offs
Recoveries
Provisions	(33)	6	53
Balance at end of the period	71	57	104
Allowance for loan losses
Individually evaluated for impairment
Collectively evaluated for impairment	71	57	104
Loans receivable:
Ending balance-total	32,438	39,311	45,746
Individually evaluated for impairment
Collectively evaluated for impairment	32,438	39,311	45,746
Real estate Mortgage-residential [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period	438	223	223
Charge-offs			(11)
Recoveries	1	2	40
Provisions	(41)	12	186
Balance at end of the period	398	237	438
Allowance for loan losses
Individually evaluated for impairment	2		2
Collectively evaluated for impairment	396	237	436
Loans receivable:
Ending balance-total	46,668	47,768	47,472
Individually evaluated for impairment	731	877	639
Collectively evaluated for impairment	45,937	46,891	46,833
Real estate Mortgage-commercial [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period	2,793	2,036	2,036
Charge-offs	(24)	(45)	(136)
Recoveries	81	6	21
Provisions	8	4	872
Balance at end of the period	2,858	2,001	2,793
Allowance for loan losses
Individually evaluated for impairment	5	3	4
Collectively evaluated for impairment	2,853	1,998	2,789
Loans receivable:
Ending balance-total	397,179	329,093	371,112
Individually evaluated for impairment	4,441	7,165	5,124
Collectively evaluated for impairment	392,738	321,928	365,988
Consumer Home Equity Line of Credit [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period	127	127	127
Charge-offs			(72)
Recoveries	1	1	14
Provisions	9	(41)	148
Balance at end of the period	163	87	127
Allowance for loan losses
Individually evaluated for impairment
Collectively evaluated for impairment	163	87	153
Loans receivable:
Ending balance-total	30,481	30,419	31,368
Individually evaluated for impairment	56		56
Collectively evaluated for impairment	30,425	30,419	31,312
Consumer Other Financing Receivable [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period	1,454	37	37
Charge-offs	(27)	(18)
Recoveries	4	3
Provisions	55	4	(593)
Balance at end of the period	159	26	1,454
Allowance for loan losses
Individually evaluated for impairment
Collectively evaluated for impairment	159	26	127
Loans receivable:
Ending balance-total	7,995	8,338	8,307
Individually evaluated for impairment
Collectively evaluated for impairment	7,995	8,338	8,307
Unallocated Financing Receivables [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period	5,214	2,047	2,047
Charge-offs			(239)
Recoveries			83
Provisions	125	159	774
Balance at end of the period	1,579	2,206	5,214
Allowance for loan losses
Individually evaluated for impairment
Collectively evaluated for impairment	1,579	2,206	1,454
Loans receivable:
Ending balance-total
Individually evaluated for impairment
Collectively evaluated for impairment
Real estate Mortgage-commercial [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period	$ 153	$ 127	127
Charge-offs			(20)
Recoveries			3
Provisions			43
Balance at end of the period			$ 153

LOANS (Details 3)

LOANS (Details 3) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Loans Details 3
Total loans considered impaired at year end	$ 5,228	$ 8,045	$ 5,819
Loans considered impaired for which there is a related allowance for loan loss:
Outstanding loan balance	221		224
Related allowance	7		6
Loans considered impaired and previously written down to fair value	5,007		5,595
Average impaired loans	8,454	12,771	8,727
Amount of interest earned during period of impairment	85	26	112
Loans and Leases Receivable, Related Parties [Roll Forward]
Balance, beginning of year	6,103	7,037	7,037
New Loans	2	5
Less loan repayments	519	179
Balance, end of year	$ 5,586	$ 6,863	$ 6,103

LOANS (Details 4)

LOANS (Details 4) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
With no allowance recorded:
Recorded Investment	$ 5,007		$ 5,595
With an allowance recorded:
Recorded Investment	221		224
Related allowance	7		6
Total:
Recorded Investment	5,228	$ 8,045	5,819
Unpaid Principal Balance	7,684	10,812	7,704
Average Recorded Investment	8,454	12,771	8,727
Interest Income Recognized	85	26	112
Commercial Loan [Member]
With no allowance recorded:
Recorded Investment		3
Unpaid Principal Balance		3
Average Recorded Investment		8
Interest Income Recognized
With an allowance recorded:
Recorded Investment
Unpaid Principal Balance
Related allowance
Average Recorded Investment
Interest Income Recognized
Total:
Recorded Investment		3
Unpaid Principal Balance		3
Average Recorded Investment		8
Interest Income Recognized
Real Estate Construction Loans [Member]
With no allowance recorded:
Recorded Investment
Unpaid Principal Balance
Average Recorded Investment
Interest Income Recognized
With an allowance recorded:
Recorded Investment
Unpaid Principal Balance
Related allowance
Average Recorded Investment
Interest Income Recognized
Total:
Recorded Investment
Unpaid Principal Balance
Average Recorded Investment
Interest Income Recognized
Real estate Mortgage-residential [Member]
With no allowance recorded:
Recorded Investment	686	829	593
Unpaid Principal Balance	696	859	603
Average Recorded Investment	749	1,049	660
Interest Income Recognized	5	1
With an allowance recorded:
Recorded Investment	45	48	46
Unpaid Principal Balance	45	48	46
Related allowance	2	3	2
Average Recorded Investment	45	49	48
Interest Income Recognized	1		2
Total:
Recorded Investment	731	877	639
Unpaid Principal Balance	741	907	649
Average Recorded Investment	794	1,098	708
Interest Income Recognized	6	1	2
Real estate Mortgage-commercial [Member]
With no allowance recorded:
Recorded Investment	4,265	7,165	4,946
Unpaid Principal Balance	6,711	9,902	6,821
Average Recorded Investment	7,428	11,665	7,777
Interest Income Recognized	75	25	98
With an allowance recorded:
Recorded Investment	176		178
Unpaid Principal Balance	176		178
Related allowance	5		4
Average Recorded Investment	176		186
Interest Income Recognized	4		12
Total:
Recorded Investment	4,441	7,165	5,124
Unpaid Principal Balance	6,887	9,902	6,999
Average Recorded Investment	7,604	11,665	7,963
Interest Income Recognized	79	25	110
Consumer Home Equity Line of Credit [Member]
With no allowance recorded:
Recorded Investment	56		56
Unpaid Principal Balance	56		56
Average Recorded Investment	56		56
Interest Income Recognized
With an allowance recorded:
Recorded Investment
Unpaid Principal Balance
Related allowance
Average Recorded Investment
Interest Income Recognized
Total:
Recorded Investment	56		56
Unpaid Principal Balance	56		56
Average Recorded Investment	56		56
Interest Income Recognized
Consumer Other Financing Receivable [Member]
With no allowance recorded:
Recorded Investment
Unpaid Principal Balance
Average Recorded Investment
Interest Income Recognized
With an allowance recorded:
Recorded Investment
Unpaid Principal Balance
Related allowance
Average Recorded Investment
Interest Income Recognized
Total:
Recorded Investment
Unpaid Principal Balance
Average Recorded Investment
Interest Income Recognized

LOANS (Details 5)

LOANS (Details 5) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016
Loans	$ 555,298	$ 546,709	$ 494,021
Commercial Financial and Agricultural Loans [Member]
Loans	40,537	42,704	39,092
Real Estate Construction Loans [Member]
Loans	32,438	45,746	39,311
Real estate Mortgage-residential [Member]
Loans	46,668	47,472	47,768
Real estate Mortgage-commercial [Member]
Loans	397,179	371,112	329,093
Consumer Home Equity Line of Credit [Member]
Loans	30,481	31,368	30,419
Consumer Other Financing Receivable [Member]
Loans	7,995	8,307	$ 8,338
Pass [Member]
Loans	541,403	531,980
Pass [Member] | Commercial Financial and Agricultural Loans [Member]
Loans	40,326	42,486
Pass [Member] | Real Estate Construction Loans [Member]
Loans	32,438	45,746
Pass [Member] | Real estate Mortgage-residential [Member]
Loans	44,859	45,751
Pass [Member] | Real estate Mortgage-commercial [Member]
Loans	7,990	8,301
Pass [Member] | Consumer Home Equity Line of Credit [Member]
Loans	30,047	30,929
Pass [Member] | Real estate Mortgage-commercial [Member]
Loans	385,743	358,767
Special Mention [Member]
Loans	6,783	6,799
Special Mention [Member] | Commercial Financial and Agricultural Loans [Member]
Loans	211	218
Special Mention [Member] | Real Estate Construction Loans [Member]
Loans
Special Mention [Member] | Real estate Mortgage-residential [Member]
Loans	596	622
Special Mention [Member] | Real estate Mortgage-commercial [Member]
Loans	5	6
Special Mention [Member] | Consumer Home Equity Line of Credit [Member]
Loans	176	180
Special Mention [Member] | Real estate Mortgage-commercial [Member]
Loans	5,795	5,773
Substandard [Member]
Loans	7,112	7,930
Substandard [Member] | Commercial Financial and Agricultural Loans [Member]
Loans
Substandard [Member] | Real Estate Construction Loans [Member]
Loans
Substandard [Member] | Real estate Mortgage-residential [Member]
Loans	1,213	1,099
Substandard [Member] | Real estate Mortgage-commercial [Member]
Loans
Substandard [Member] | Consumer Home Equity Line of Credit [Member]
Loans	258	259
Substandard [Member] | Real estate Mortgage-commercial [Member]
Loans	5,641	6,572
Doubtful [Member]
Loans
Doubtful [Member] | Commercial Financial and Agricultural Loans [Member]
Loans
Doubtful [Member] | Real Estate Construction Loans [Member]
Loans
Doubtful [Member] | Real estate Mortgage-residential [Member]
Loans
Doubtful [Member] | Real estate Mortgage-commercial [Member]
Loans
Doubtful [Member] | Consumer Home Equity Line of Credit [Member]
Loans
Doubtful [Member] | Real estate Mortgage-commercial [Member]
Loans

LOANS (Details 6)

LOANS (Details 6) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Loans Details 6
Accretable yield, beginning of period	$ 34	$ 92
Additions	44
Accretion	(22)	(42)
Reclassification of nonaccretable difference due to improvement in expected cash flows
Other changes, net
Accretable yield, end of period	$ 56	$ 50

LOANS (Details 7)

LOANS (Details 7) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	$ 2,001	$ 1,275
60-89 Days Past Due	195	547
Greater than 90 Days and Accruing	108	53
Nonaccrual	3,465	4,049
Total Past Due	5,769	5,924
Current	549,529	540,785
Total Loans	555,298	546,709	$ 494,021
Commercial Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due		11
60-89 Days Past Due
Greater than 90 Days and Accruing
Nonaccrual
Total Past Due		11
Current	40,537	42,693
Total Loans	40,537	42,704	39,092
Real Estate Construction Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due
60-89 Days Past Due
Greater than 90 Days and Accruing
Nonaccrual
Total Past Due
Current	32,438	45,746
Total Loans	32,438	45,746	39,311
Real estate Mortgage-residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	41	194
60-89 Days Past Due	29	145
Greater than 90 Days and Accruing	108	32
Nonaccrual	686	593
Total Past Due	864	964
Current	45,804	46,508
Total Loans	46,668	47,472	47,768
Real estate Mortgage-commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	1,896	995
60-89 Days Past Due	116	337
Greater than 90 Days and Accruing
Nonaccrual	2,723	3,400
Total Past Due	4,735	4,732
Current	392,444	366,380
Total Loans	397,179	371,112	329,093
Consumer Home Equity Line of Credit [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	47	59
60-89 Days Past Due	48	64
Greater than 90 Days and Accruing		16
Nonaccrual	56	56
Total Past Due	151	195
Current	30,330	31,173
Total Loans	30,481	31,368	30,419
Consumer Other Financing Receivable [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	17	16
60-89 Days Past Due	2	1
Greater than 90 Days and Accruing		5
Nonaccrual
Total Past Due	19	22
Current	7,976	8,285
Total Loans	$ 7,995	$ 8,307	$ 8,338

LOANS (Details 8)

LOANS (Details 8) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)N
Troubled Debt Restructurings that subsequently defaulted
Number of Contracts | N	1
Pre - Recorded Investment	$ 413
Post - Recorded Investment	$ 413
Real estate Mortgage-Consumer [Member]
Troubled Debt Restructurings that subsequently defaulted
Number of Contracts | N	1
Pre - Recorded Investment	$ 413
Post - Recorded Investment	$ 413

LOANS (Details Narrative)

LOANS (Details Narrative) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Receivables [Abstract]
Non-accrual loans	$ 3,465	$ 4,049
Troubled debt restructurings	1,800	1,800
TDR in Non-Accural Status	1,200	1,200
Loans greater than ninety days delinquent and still accruing interest	$ 108	$ 53

FAIR VALUE MEASUREMENT (Details

FAIR VALUE MEASUREMENT (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Financial Assets:
Held-to-maturity securities	$ 17,228	$ 17,114
Investment securities available-for-sale	242,896	253,394
Other investments, at cost	2,494	1,809
Financial liabilities:
Non-interest bearing demand	192,165	182,915
NOW and money market accounts	333,644	327,459
Savings	74,169	75,012
Time deposits	175,633	181,236
Fair Value, Inputs, Level 1 [Member]
Financial Assets:
Cash and short term investments	30,057	21,999
Held-to-maturity securities
Investment securities available-for-sale	795	801
Other investments, at cost
Loans held for sale
Net loans receivable
Accrued interest	2,818	2,925
Financial liabilities:
Non-interest bearing demand
NOW and money market accounts
Savings
Time deposits
Total deposits
Federal Home Loan Bank Advances
Short term borrowings
Junior subordinated debentures
Accrued interest payable	595	602
Fair Value, Inputs, Level 2 [Member]
Financial Assets:
Cash and short term investments
Held-to-maturity securities	17,228	17,114
Investment securities available-for-sale	242,101	251,593
Other investments, at cost
Loans held for sale	4,191	5,707
Net loans receivable	543,364	534,674
Accrued interest
Financial liabilities:
Non-interest bearing demand	192,165	182,915
NOW and money market accounts	333,644	327,459
Savings	74,169	75,012
Time deposits	176,047	181,638
Total deposits	776,025	767,024
Federal Home Loan Bank Advances	15,905	24,518
Short term borrowings	19,388	19,527
Junior subordinated debentures	14,968	15,258
Accrued interest payable
Fair Value, Inputs, Level 3 [Member]
Financial Assets:
Cash and short term investments
Held-to-maturity securities
Investment securities available-for-sale	1,000	1,000
Other investments, at cost	2,494	1,809
Loans held for sale
Net loans receivable	5,228	5,813
Accrued interest
Financial liabilities:
Non-interest bearing demand
NOW and money market accounts
Savings
Time deposits
Total deposits
Federal Home Loan Bank Advances
Short term borrowings
Junior subordinated debentures
Accrued interest payable
Carrying (Reported) Amount, Fair Value Disclosure [Member]
Financial Assets:
Cash and short term investments	30,057	21,999
Held-to-maturity securities	17,148	17,193
Investment securities available-for-sale	243,896	253,394
Other investments, at cost	2,494	1,809
Loans held for sale	4,191	5,707
Net loans receivable	549,930	541,495
Accrued interest	2,818	2,925
Financial liabilities:
Non-interest bearing demand	192,165	182,915
NOW and money market accounts	333,644	327,459
Savings	74,169	75,012
Time deposits	175,633	181,236
Total deposits	775,611	766,622
Federal Home Loan Bank Advances	15,548	24,035
Short term borrowings	19,388	19,527
Junior subordinated debentures	14,964	14,964
Accrued interest payable	595	602
Estimate of Fair Value, Fair Value Disclosure [Member]
Financial Assets:
Cash and short term investments	30,057	21,999
Held-to-maturity securities	17,228	17,114
Investment securities available-for-sale	243,896	253,394
Other investments, at cost	2,494	1,809
Loans held for sale	4,191	5,707
Net loans receivable	548,592	540,487
Accrued interest	2,818	2,925
Financial liabilities:
Non-interest bearing demand	192,165	182,915
NOW and money market accounts	333,644	327,459
Savings	74,169	75,012
Time deposits	176,047	181,638
Total deposits	776,025	767,024
Federal Home Loan Bank Advances	15,905	24,518
Short term borrowings	19,388	19,527
Junior subordinated debentures	14,968	15,258
Accrued interest payable	$ 595	$ 602

FAIR VALUE MEASUREMENT (Detai41

FAIR VALUE MEASUREMENT (Details 2) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	$ 242,896	$ 253,394
Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	243,896	253,394
US Treasury Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	1,521	1,520
Government sponsored enterprises [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	991	997
Mortgage-backed securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	137,634	144,298
Small Business Administration pools [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	47,991	50,184
State and local government [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	53,904	54,534
Corporate and other securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	855	1,861
Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	242,896	253,394
Fair Value, Measurements, Recurring [Member] | US Treasury Securities [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	1,521	1,520
Fair Value, Measurements, Recurring [Member] | Government sponsored enterprises [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	991	997
Fair Value, Measurements, Recurring [Member] | Mortgage-backed securities [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	137,634	144,298
Fair Value, Measurements, Recurring [Member] | Small Business Administration pools [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	47,991	50,184
Fair Value, Measurements, Recurring [Member] | State and local government [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	53,904	54,534
Fair Value, Measurements, Recurring [Member] | Corporate and other securities [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	855	1,861
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	795	801
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	795	801
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Corporate and other securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	795	801
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	242,101	251,593
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	242,101	251,593
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | US Treasury Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	1,521	1,520
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Government sponsored enterprises [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	991	997
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Mortgage-backed securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	137,634	144,298
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Small Business Administration pools [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	47,991	50,184
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | State and local government [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	53,904	54,534
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Corporate and other securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	60	60
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	$ 1,000	1,000
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale		1,000
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Corporate and other securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale		$ 1,000

FAIR VALUE MEASUREMENT (Detai42

FAIR VALUE MEASUREMENT (Details 3) - Corporate Preferred Stock [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Reconciliation of changes in level 3 financial instruments
Balance at the beginning of the period	$ 1,000	$ 417
Total gains or losses (realized/unrealized)
Included in earnings
Included in other comprehensive income
Purchases, issuances, and settlements	(1,000)
Balance at the end of the period		$ 417

FAIR VALUE MEASUREMENT (Detai43

FAIR VALUE MEASUREMENT (Details 4) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	$ 5,228	$ 5,819	$ 8,045
Total other real estate owned	1,156	1,146
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	5,221	5,813
Total other real estate owned	1,156	1,146
Total	6,384	6,959
Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	5,221	5,813
Total other real estate owned	1,156	1,146
Total	6,384	6,959
Commercial and Industrial Loans Receivable [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans
Commercial and Industrial Loans Receivable [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans
Real Estate Construction Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total other real estate owned	141	141
Real Estate Construction Loans [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total other real estate owned	141	141
Real estate Mortgage-residential [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	729	637
Total other real estate owned	269	269
Real estate Mortgage-residential [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	729	637
Total other real estate owned	269	269
Real estate Mortgage-commercial [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans		5,120
Total other real estate owned		736
Real estate Mortgage-commercial [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans		5,120
Total other real estate owned		736
Consumer Home Equity Line of Credit [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	56	56
Consumer Home Equity Line of Credit [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans		56
Real estate Mortgage-commercial [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	4,436
Total other real estate owned	746
Real estate Mortgage-commercial [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	$ 56

FAIR VALUE MEASUREMENT (Detai44

FAIR VALUE MEASUREMENT (Details 5) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016
Fair Value Inputs, Assets, Quantitative Information [Line Items]
OREO	$ 1,156	$ 1,146
Total impaired loans	5,228	5,819	$ 8,045
Other Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member] | Appraisal Value Comparison Sales Other Estimates Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
OREO	$ 1,156	$ 1,146
Other Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member] | Minimum [Member] | Appraisal Value Comparison Sales Other Estimates Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Rate (as a percent)	6.00%	6.00%
Other Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member] | Maximum [Member] | Appraisal Value Comparison Sales Other Estimates Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Rate (as a percent)	16.00%	16.00%
Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | Appraisal Value Discounted Cash Flows Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total impaired loans	$ 5,521	$ 5,813
Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | Minimum [Member] | Appraisal Value Discounted Cash Flows Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Rate (as a percent)	6.00%	6.00%
Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | Maximum [Member] | Appraisal Value Discounted Cash Flows Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Rate (as a percent)	16.00%	16.00%
Preferred Stock [Member] | Fair Value, Inputs, Level 3 [Member] | Estimation Based on Comparable Non Listed Securities Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Preferred stock		$ 1,000

DEPOSITS (Details)

DEPOSITS (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Deposits Details
Non-interest bearing demand deposits	$ 192,165	$ 182,915
NOW and money market accounts	333,644	327,459
Savings	74,169	75,012
Time deposits	175,633	181,236
Total deposits	$ 775,611	$ 766,622

DEPOSITS (Details 2)

DEPOSITS (Details 2) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Scheduled maturities of Certificates of Deposits
Total	$ 175,633	$ 181,236
Interest paid on certificates of deposits
Time deposits FDIC insurance limit of $250 thousand	$ 36,900	$ 37,700

REPORTABLE SEGMENTS (Details)

REPORTABLE SEGMENTS (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Dividend and Interest Income	$ 7,773	$ 7,137
Interest expense	712	800
Net interest income	7,061	6,337
Provision for loan losses	116	140
Noninterest income	1,978	2,089
Noninterest expense	6,720	6,342
Net income before taxes	2,203	1,944
Income tax (provision) benefit	447	476
Net income (loss)	1,756	1,468
Total assets	914,913		$ 914,793
Corporate [Member]
Dividend and Interest Income	7,620	7,095
Interest expense	583	682
Net interest income	7,037	6,413
Provision for loan losses	116	140
Noninterest income	1,050	1,132
Noninterest expense	5,721	5,419
Net income before taxes	2,250	1,986
Income tax (provision) benefit	486	539
Net income (loss)	2,736	1,447
Total assets	99,131		98,210
Mortgage Banking [Member]
Dividend and Interest Income	59	27
Interest expense
Net interest income	59	27
Provision for loan losses
Noninterest income	670	666
Noninterest expense	609	533
Net income before taxes	120	160
Income tax (provision) benefit
Net income (loss)	120	160
Total assets	8,799		8,158
Investment Advisory And Non Deposit [Member]
Dividend and Interest Income
Interest expense
Net interest income
Provision for loan losses
Noninterest income	258	291
Noninterest expense	294	258
Net income before taxes	(36)	33
Income tax (provision) benefit
Net income (loss)	(36)	33
Total assets	28		32
Commercial And Retail Banking [Member]
Dividend and Interest Income	797	659
Interest expense	129	118
Net interest income	668	541
Provision for loan losses
Noninterest income
Noninterest expense	96	132
Net income before taxes	572	409
Income tax (provision) benefit	(39)	(63)
Net income (loss)	611	472
Total assets	905,258		904,568
Eliminations [Member]
Dividend and Interest Income	(703)	(644)
Interest expense
Net interest income	(703)	(644)
Provision for loan losses
Noninterest income
Noninterest expense
Net income before taxes	(703)	(644)
Income tax (provision) benefit
Net income (loss)	(703)	$ (644)
Total assets	$ (98,303)		$ (96,175)