First Community (FCCO) 10-Q 9 Aug 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Aug. 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	Jun. 30, 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	Q2

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
ASSETS
Cash and due from banks	$ 12,131	$ 11,925
Interest-bearing bank balances	21,756	9,475
Federal funds sold and securities purchased under agreements to resell	600	599
Investment securities held-to-maturity	17,103	17,193
Investment securities available-for-sale	239,412	253,394
Other investments, at cost	2,598	1,809
Loans held for sale	6,590	5,707
Loans	553,420	546,709
Less, allowance for loan losses	5,490	5,214
Net loans	547,930	541,495
Property, furniture and equipment - net	30,535	29,833
Land held for sale		1,055
Bank owned life insurance	21,197	20,905
Other real estate owned	838	1,146
Intangible assets	953	1,102
Goodwill	5,078	5,078
Other assets	8,741	14,077
Total assets	915,462	914,793
Deposits:
Non-interest bearing demand	195,254	182,915
Interest bearing	577,872	583,707
Total deposits	773,126	766,622
Securities sold under agreements to repurchase	17,319	19,527
Federal Home Loan Bank advances	17,997	24,035
Junior subordinated debt	14,964	14,964
Other liabilities	6,997	7,784
Total liabilities	830,403	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 6,701,642 at June 30, 2017 6,708,393 at December 31, 2016	6,702	6,708
Common stock warrants issued	46	46
Nonvested restricted stock	(207)	(220)
Additional paid in capital	75,868	75,991
Retained earnings (deficit)	2,796	573
Accumulated other comprehensive income (loss)	(146)	(1,237)
Total shareholders' equity	85,059	81,861
Total liabilities and shareholders' equity	$ 915,462	$ 914,793

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 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	6,701,642	6,708,393
Common stock, shares outstanding	6,701,642	6,708,393

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Interest income:
Loans, including fees	$ 6,241	$ 5,924	$ 12,567	$ 11,605
Taxable securities	990	1,011	1,935	1,959
Non-taxable securities	469	498	942	983
Federal funds sold and securities purchased under resale agreements	17	18	36	32
Other	7	8	17	17
Total interest income	7,724	7,459	15,497	14,596
Interest expense:
Deposits	440	445	882	893
Securities sold under agreement to repurchase	12	10	21	20
Other borrowed money	223	327	484	669
Total interest expense	675	782	1,387	1,582
Net interest income	7,049	6,677	14,110	13,014
Provision for loan losses	78	217	194	357
Net interest income after provision for loan losses	6,971	6,460	13,916	12,657
Non-interest income:
Deposit service charges	348	340	668	687
Mortgage banking income	1,248	913	1,918	1,578
Investment advisory fees and non-deposit commissions	314	297	572	588
Gain on sale of securities	172	64	226	123
Gain (loss) on sale of other assets	68	(84)	88	(81)
Loss on early extinguishment of debt	(223)		(281)
Other	717	734	1,431	1,458
Total non-interest income	2,644	2,264	4,622	4,353
Non-interest expense:
Salaries and employee benefits	4,261	3,833	8,347	7,584
Occupancy	539	511	1,066	1,070
Equipment	506	437	952	866
Marketing and public relations	298	195	519	289
FDIC Assessment	78	138	156	276
Other real estate expense	29	21	56	72
Amortization of intangibles	74	80	149	163
Other	1,585	1,118	2,845	2,355
Total non-interest expense	7,370	6,333	14,090	12,675
Net income before tax	2,245	2,391	4,448	4,335
Income taxes	581	646	1,028	1,122
Net income	$ 1,664	$ 1,745	$ 3,420	$ 3,213
Basic earnings per common share (in dollars per share)	$ 0.25	$ 0.27	$ 0.51	$ 0.49
Diluted earnings per common share (in dollars per share)	$ 0.24	$ 0.26	$ 0.50	$ 0.47

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Consolidated Statements Of Comprehensive Income
Net income	$ 1,664	$ 1,745	$ 3,420	$ 3,213
Other comprehensive income (loss):
Unrealized gain during the period on available-for-sale securities, net of tax of $638 and $1,594, for 6 Months ended June 30, 2017 and 2016 respectively and $433 and $649, for 3 Months ended June 30, 2017 and 2016 respectively	841	1,259	1,240	3,095
Less: Reclassification adjustment for gain included in net income, net of tax benefit of $77 and $41, for 6 Months ended June 30, 2017 and 2016 respectively and $59 and $21 for 3 Months ended June 30, 2017 and 2016 respectively	(113)	(43)	(149)	(82)
Other comprehensive income (loss)	728	1,216	1,091	3,013
Comprehensive income	$ 2,392	$ 2,961	$ 4,511	$ 6,226

CONSOLIDATED STATEMENTS OF COM6

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Consolidated Statements Of Comprehensive Income
Unrealized gain (loss) during the period on available-for-sale securities, taxes	$ 433	$ 649	$ 638	$ 1,549
Reclassification adjustment for (gain) loss included in net income, taxes	$ 59	$ 21	$ 77	$ 41

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
Net income					3,213		3,213
Other comprehensive income net of tax						3,013	3,013
Issuance of restricted stock	$ 22		275	(297)
Issuance of restricted stock, in shares	22
Amortization of compensation on restricted stock				189			189
Restricted stock shares surrendered							(353)
Shares forfeited	$ (26)		(327)
Shares forfeited, in shares	(26)
Issuance of common stock	$ 1		13				14
Issuance of common stock, in shares	1
Dividends: Common					(1,056)		(1,056)
Dividend reinvestment plan	$ 12		141				153
Dividend reinvestment plan, in shares	12
Ending Balance at Jun. 30, 2016	$ 6,699	46	75,863	(405)	(1,835)	3,843	84,211
Ending Balance, in shares at Jun. 30, 2016	6,699
Beginning Balance at Dec. 31, 2016	$ 6,708	46	75,991	(220)	573	(1,237)	81,861
Beginning Balance, in shares at Dec. 31, 2016	6,708
Net income					3,420		3,420
Other comprehensive income net of tax						1,091	1,091
Issuance of restricted stock	$ 5		100	(105)
Issuance of restricted stock, in shares	5
Amortization of compensation on restricted stock				109			109
Restricted stock shares surrendered	$ (19)		(369)				(388)
Restricted stock shares surrendered, in shares	(19)
Shares forfeited	$ (2)		(27)	9			(20)
Shares forfeited, in shares	(2)
Dividends: Common					(1,197)		(1,197)
Dividend reinvestment plan	$ 10		173				183
Dividend reinvestment plan, in shares	10
Ending Balance at Jun. 30, 2017	$ 6,702	$ 46	$ 75,868	$ (207)	$ 2,796	$ (146)	$ 85,059
Ending Balance, in shares at Jun. 30, 2017	6,702

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Cash flows from operating activities:
Net income	$ 1,664	$ 1,745	$ 3,420	$ 3,213
Adjustments to reconcile net income to net cash provided in operating activities:
Depreciation			727	657
Premium amortization			1,679	1,953
Provision for loan losses	78	217	194	357	$ 774
Write-down of other real estate owned			17	10
Loss (gain) on sale of other real estate owned			(88)	81
Originations of HFS loans			(52,525)	(45,397)
Sale of loans held-for-sale			51,641	40,653
Amortization of intangibles	74	80	149	163
Accretion on acquired loans			(88)	(741)
Writedown of land held for sale			90
Gain on sale of securities	(172)	(64)	(226)	(123)
Loss on extinguishment of debt	223		281
Decrease in other assets			5,686	158
Decrease in other liabilities			(787)	(277)
Net cash provided in operating activities			10,170	705
Cash flows from investing activities:
Purchase of investment securities available-for-sale			(13,877)	(31,005)
Maturity/call of investment securities available-for-sale			16,628	16,903
Proceeds from sale of securities available-for-sale	8,200	2,200	10,570	14,126
Proceeds from sale of other investments			314
Increase in loans			(6,718)	(21,817)
Proceeds from sale of other real estate owned			386	1,357
Purchase of property and equipment			(1,519)	(858)
Net cash used in investing activities			5,784	(21,294)
Cash flows from financing activities:
Increase in deposit accounts			6,517	13,472
Increase (decrease) in securities sold under agreements to repurchase			(2,208)	79
Advances from the Federal Home Loan Bank			22,000	50,500
Repayment of advances from the Federal Home Loan Bank			(28,353)	(42,866)
Issuance of common stock				14
Shares forfeited			(20)
Shares retired			(388)	(353)
Dividends paid: Common Stock			(1,197)	(1,056)
Dividend reinvestment plan			183	153
Net cash provided from financing activities			(3,466)	19,943
Net increase (decrease) in cash and cash equivalents			12,488	(646)
Cash and cash equivalents at beginning of year			21,999	22,941	22,941
Cash and cash equivalents at end of year	$ 34,487	$ 22,295	34,487	22,295	$ 21,999
Cash paid during the period for:
Interest			1,450	1,614
Taxes			1,095	650
Non-cash investing and financing activities:
Unrealized (loss) gain on securities available-for-sale			1,091	3,013
Transfer of loans to foreclosed property			$ 26	$ 347

BASIS OF PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
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 June 30, 2017 and December 31, 2016, and the Company’s results of operations and cash flows for the three and six months ended June 30, 2017 and 2016. The results of operations for the three and six months ended June 30, 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	6 Months Ended
	Jun. 30, 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) Six months Three months Ended June 30, Ended June 30, 2017 2016 2017 2016 Numerator (Net income) $ 3,420 $ 3,213 $ 1,664 $ 1,745 Denominator Weighted average common shares outstanding for: Basic earnings per share 6,641 6,554 6,634 6,584 Dilutive securities: Deferred compensation 54 38 54 38 Warrants/Restricted stock – Treasury stock method 118 141 115 147 Diluted earnings per share 6,813 6,733 6,803 6,769 The average market price used in calculating assumed number of shares $ 20.56 $ 14.00 $ 20.75 $ 14.00 There were no options outstanding as of June 30, 2017 and 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 June 30, 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 shares of restricted stock 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 June 30, 2017 for non-vested shares amounts to $207 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 June 30, 2017 and December 31, 2016, there were 107,170 and 101,888 units in the plan, respectively. The accrued liability at June 30, 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	6 Months Ended
	Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]
INVESTMENT SECURITIES	Note 3 – Investment Securities-continued The amortized cost and estimated fair values of investment securities are summarized below: AVAILABLE-FOR-SALE: Gross Gross Amortized Unrealized Unrealized (Dollars in thousands) Cost Gains Losses Fair Value June 30, 2017 US Treasury securities $ 1,534 $ — $ 10 $ 1,524 Government sponsored enterprises 956 41 — 997 Mortgage-backed securities 131,406 527 1,219 130,714 Small Business Administration pools 53,329 198 506 53,021 State and local government 51,596 1,407 703 52,300 Corporate and other securities 932 — 76 856 $ 239,753 $ 2,173 $ 2,514 $ 239,412 Gross Gross Amortized Unrealized Unrealized (Dollars in thousands) Cost Gains Losses Fair Value December 31, 2016 US Treasury securities $ 1,538 $ — $ 18 $ 1,520 Government sponsored enterprises 959 38 0 997 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: Gross Gross Amortized Unrealized Unrealized (Dollars in thousands) Cost Gains Losses Fair Value June 30, 2017 State and local government $ 17,103 $ 292 $ 9 $ 17,386 $ 17,103 $ 292 $ 9 $ 17,386 Gross Gross Amortized Unrealized Unrealized (Dollars in thousands) Cost Gains Losses Fair Value December 31, 2016 State and local government $ 17,193 $ 54 $ 133 $ 17,114 $ 17,193 $ 54 $ 133 $ 17,114 During the six months ended June 30, 2017 and 2016, the Company received proceeds of $10.6 million and $14.1 million, respectively, from the sale of investment securities available-for-sale. For the six months ended June 30, 2017, gross realized gains from the sale of investment securities available-for-sale amounted to $246.8 thousand and gross realized losses amounted to $21.1 thousand. For the six months ended June 30, 2016, gross realized gains totaled $123 thousand and there were no gross realized losses. During the three months ended June 30, 2017 and 2016, the Company received proceeds of $8.2 million and $2.2 million, respectively, from the sale of investment securities available-for-sale. For the three months ended June 30, 2017, gross realized gains totaled $173.3 thousand and gross realized losses totaled $1.9 thousand. For the three months ended June 30, 2016, gross realized gains totaled $64 thousand and there were no gross realized losses. At June 30, 2017, corporate and other securities available-for-sale included the following at fair value: mutual funds at $795.8 thousand and foreign debt of $60.1 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 $1.6 million and corporate stock in the amount of $1.0 million at June 30, 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 June 30, 2017 and December 31, 2016. (Dollars in thousands) Less than 12 months 12 months or more Total June 30, 2017 Unrealized Unrealized Unrealized Available-for-sale securities: Fair Value Loss Fair Value Loss Fair Value Loss US Treasury securities $ 1,523 $ 10 $ — $ — $ 1,523 $ 10 Government Sponsored Enterprise mortgage-backed securities 50,840 1,001 17,682 218 68,522 1,219 Small Business Administration pools 18,517 189 21,626 317 40,143 506 State and local government 13,153 703 — — 13,153 703 Corporate and other securities — — 796 76 796 76 $ 84,033 $ 1,903 $ 40,104 $ 611 $ 124,137 $ 2,514 (Dollars in thousands) Less than 12 months 12 months or more Total June 30, 2017 Unrealized Unrealized Unrealized Held-to-maturity securities: Fair Value Loss Fair Value Loss Fair Value Loss State and local government $ 1,981 $ 9 $ — $ — $ 1,981 $ 9 (Dollars in thousands) Less than 12 months 12 months or more Total December 31, 2016 Unrealized Unrealized Unrealized Available-for-sale securities: Fair Value Loss Fair Value Loss Fair Value Loss US Treasury securities $ 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 and other securities — — 801 71 801 71 $ 111,624 $ 2,896 $ 40,838 $ 730 $ 152,462 $ 3,626 (Dollars in thousands) Less than 12 months 12 months or more Total December 31, 2016 Unrealized Unrealized Unrealized Held-to-maturity securities: Fair Value Loss Fair Value Loss Fair Value Loss State and local government $ 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 June 30, 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. June 30, 2017 Available-for-sale Held-to-maturity Amortized Fair Amortized Fair (Dollars in thousands) Cost Value Cost Value Due in one year or less $ 8,424 $ 8,481 $ — $ — Due after one year through five years 134,959 135,306 7,961 8,073 Due after five years through ten years 89,391 88,743 9,142 9,313 Due after ten years 6,979 6,882 — — $ 239,753 $ 239,412 $ 17,103 $ 17,386

LOANS

LOANS	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
LOANS	Note 4 – Loans Loans summarized by category as of June 30, 2017, December 31, 2016 and June 30, 2016 are as follows: June 30, December 31, June 30, (Dollars in thousands) 2017 2016 2016 Commercial, financial, agricultural $ 41,893 $ 42,704 $ 39,480 Real estate: Construction 34,526 45,746 42,253 Mortgage-residential 45,012 47,472 50,500 Mortgage-commercial 394,454 371,112 339,276 Consumer: Home equity 30,091 31,368 31,608 Other 7,444 8,307 8,186 Total $ 553,420 $ 546,709 $ 511,303 The detailed activity in the allowance for loan losses and the recorded investment in loans receivable as of and for the six months ended June 30, 2017 and June 30, 2016 and for the year ended December 31, 2016 is as follows: (Dollars in thousands) Real estate Real estate Consumer June 30, 2017 Real estate Mortgage Mortgage Home Consumer Commercial construction Residential Commercial Equity Other Unallocated Total Allowance for loan losses: Beginning balance $ 145 $ 104 $ 438 $ 2,793 $ 153 $ 127 $ 1,454 $ 5,214 Charge-offs — — — (24 ) — (44 ) — (68 ) Recoveries 3 — 2 113 24 8 — 150 Provisions 21 (28 ) (87 ) (37 ) 19 (67 ) 373 194 Ending balance $ 169 $ 76 $ 353 $ 2,845 $ 196 $ 24 $ 1,827 $ 5,490 Ending balances: Individually evaluated for impairment $ — $ — $ 2 $ 23 $ — $ — $ — $ 25 Collectively evaluated for impairment 169 76 351 2,822 196 24 1,827 5,465 June 30, 2017 Ending balance-total $ 41,893 $ 34,526 $ 45,012 $ 394,454 $ 30,091 $ 7,444 $ — $ 553,420 Ending balances: Individually evaluated for impairment — — 434 4,275 56 — — 4,763 Collectively evaluated for impairment $ 41,893 $ 34,526 $ 44,578 $ 390,179 $ 30,035 $ 7,444 $ — $ 548,655 (Dollars in thousands) Real estate Real estate Consumer Real estate Mortgage Mortgage Home Consumer Commercial Construction Residential Commercial equity Other Unallocated Total June 30, 2016 Allowance for loan losses: Beginning balance $ 75 $ 51 $ 223 $ 2,036 $ 127 $ 37 $ 2,047 $ 4,596 Charge-offs — — (1 ) (58 ) (8 ) (33 ) — (100 ) Recoveries 3 — 5 8 2 6 — 24 Provisions (7 ) 8 (20 ) 363 (28 ) 13 28 357 Ending balance $ 71 $ 59 $ 207 $ 2,349 $ 93 $ 23 $ 2,075 $ 4,877 Ending balances: Individually evaluated for impairment $ — $ — $ — $ 3 $ — $ — $ — $ 3 Collectively evaluated for impairment 71 59 207 2,346 93 23 2,075 4,874 June 30, 2016 Ending balance-total $ 39,480 $ 42,253 $ 50,500 $ 339,276 $ 31,608 $ 8,186 $ — $ 511,303 Ending balances: Individually evaluated for impairment 1 — 718 5,353 30 — — 6,102 Collectively evaluated for impairment $ 39,479 $ 42,253 $ 49,782 $ 333,923 $ 31,578 $ 8,186 $ — $ 505,201 (Dollars in thousands) Real estate Real estate Consumer Real estate Mortgage Mortgage Home Consumer Commercial Construction Residential Commercial equity Other Unallocated Total December 31, 2016 Allowance for loan losses: Beginning balance $ 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 $ 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 The detailed activity in the allowance for loan losses as of and for the three months ended June 30, 2017 and the three months ended June 30, 2016 is as follows: (Dollars in thousands) Real estate Real estate Consumer June 30, 2017 Real estate Mortgage Mortgage Home Consumer Commercial construction Residential Commercial Equity Other Unallocated Total Allowance for loan losses: Beginning balance $ 140 $ 71 $ 398 $ 2,858 $ 163 $ 159 $ 1,579 $ 5368 Charge-offs — — — — — (17 ) — (17 ) Recoveries 1 — 1 32 23 4 — 61 Provisions 28 5 (46 ) (45 ) 10 (122 ) 248 78 Ending balance $ 169 $ 76 $ 353 $ 2,845 $ 196 $ 24 $ 1,827 $ 5,490 (Dollars in thousands) Real estate Real estate Consumer June 30, 2016 Real estate Mortgage Mortgage Home Consumer Commercial construction Residential Commercial Equity Other Unallocated Total Allowance for loan losses: Beginning balance $ 73 $ 57 $ 237 $ 2,001 $ 87 $ 26 $ 2,206 $ 4687 Charge-offs — — (1 ) (13 ) (8 ) (15 ) — (37 ) Recoveries 1 — 3 2 1 3 — 10 Provisions (3 ) 2 (32 ) 359 13 9 (131 ) 217 Ending balance $ 71 $ 59 $ 207 $ 2,349 $ 93 $ 23 $ 2,075 $ 4,877 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 six months ended June 30, 2017 and 2016: (Dollars in thousands) 2017 2016 Beginning Balance December 31, $ 6,103 $ 7,037 New Loans 87 417 Less loan repayments 754 659 Ending Balance June 30, 2017 $ 5,436 $ 6,795 The following table presents at June 30, 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) June 30, December 31, 2017 2016 Total loans considered impaired $ 4,765 $ 5,819 Loans considered impaired for which there is a related allowance for loan loss: Outstanding loan balance 1,735 224 Related allowance 25 6 Loans considered impaired and previously written down to fair value 2,872 5,595 Average impaired loans 4,746 8,727 The following tables are by loan category and present at June 30, 2017, December 31, 2016 and June, 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) Six months ended Three months ended Unpaid Average Interest Average Interest June 30, 2017 Recorded Principal Related Recorded income Recorded Income Investment Balance Allowance Investment Recognized Investment Recognized With no allowance recorded: Commercial, financial, agricultural $ — $ — $ — $ — $ — $ — $ — Real estate: Construction — — — — — — — Mortgage-residential 390 449 — 390 7 389 6 Mortgage-commercial 2,584 5,123 — 2,583 105 2,575 20 Consumer: Home equity 56 57 — 56 — 56 — Other — — — — — — — With an allowance recorded: Commercial, financial, agricultural — — — — — — — Real estate: Construction — — — — — — — Mortgage-residential 44 44 23 44 1 44 1 Mortgage-commercial 1,691 2,124 2 1,673 88 1,683 22 Consumer: Home equity — — — — — — — Other — — — — — — — Total: Commercial, financial, agricultural $ — $ — $ — $ — $ — $ — $ — Real estate: Construction — — — — — — — Mortgage-residential 434 493 23 434 8 433 7 Mortgage-commercial 4,275 7,247 2 4,256 193 4,258 42 Consumer: Home equity 56 57 — 56 — 56 — Other — — — — — — — $ 4,765 $ 7,797 $ 25 $ 4,746 $ 201 $ 4,747 $ 49 (Dollars in thousands) Six months ended Three months ended Unpaid Average Interest Average Interest June 30, 2016 Recorded Principal Related Recorded Income Recorded Income Investment Balance Allowance Investment Recognized Investment Recognized With no allowance recorded: Commercial $ 1 $ 1 $ — $ 6 $ — $ 3 $ — Real estate: Construction — — — — — — — Mortgage-residential 670 687 — 794 1 837 1 Mortgage-commercial 5,353 7,855 — 8,851 50 8,796 24 Consumer: Home Equity 30 30 — 30 — 30 — Other — — — — — — — With an allowance recorded: Commercial — — — — — — — Real estate: Construction — — — — — — — Mortgage-residential 48 48 3 48 1 48 1 Mortgage-commercial — — — — — — — Consumer: Home Equity — — — — — — — Other — — — — — — — Total: Commercial $ 1 $ 1 $ — $ 6 $ — $ 3 $ — Real estate: Construction — — — — — — — Mortgage-residential 718 735 3 842 1 837 1 Mortgage-commercial 5,353 7,855 — 8,851 50 8,796 24 Consumer: Home Equity 30 30 — 30 — 30 — Other — — — — — — — $ 6,102 $ 8,621 $ 3 $ 9,729 $ 51 $ 9,666 $ 25 (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 June 30, 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 June 30, 2017 and December 31, 2016, no loans were classified as doubtful. (Dollars in thousands) Special June 30, 2017 Pass Mention Substandard Doubtful Total Commercial, financial & agricultural $ 41,693 $ 200 $ — $ — $ 41,893 Real estate: Construction 34,526 — — — 34,526 Mortgage – residential 43,524 587 901 — 45,012 Mortgage – commercial 383,234 5,784 5,436 — 394,454 Consumer: Home Equity 29,664 172 255 — 30,091 Other 7,444 — — 7,444 Total $ 540,085 $ 6,743 $ 6,592 $ — $ 553,420 (Dollars in thousands) Special December 31, 2016 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 358,766 5,773 6,572 — 371,112 Consumer: Home Equity 30,929 180 259 — 31,368 Other 8,302 6 — 8,307 Total $ 531,980 $ 6,799 $ 7,930 $ — $ 546,709 At June 30, 2017 and December 31, 2016, non-accrual loans totaled $3.0 million and $4.1 million, respectively. TDRs that are still accruing and included in impaired loans at June 30, 2017 and December 31, 2016 amounted to $1.7 million and $1.8 million, respectively. TDRs in non-accrual status at June 30, 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 $53.0 thousand at December 31, 2016. There were no loans greater than 90 days delinquent and still accruing interest at June 30, 2017. 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 and six months ended June 30, 2017 and 2016 follows (in thousands): Three Months Six Months Accretable yield, beginning of period $ 56 $ 34 Accretion (6 ) (28 ) Reclassification of nonaccretable difference due to improvement in expected cash flows — 44 Accretable yield, end of period $ 50 $ 50 Three Months Six Months Accretable yield, beginning of period $ 50 $ 92 Accretion (91 ) (133 ) Reclassification of nonaccretable difference due to improvement in expected cash flows 94 94 Accretable yield, end of period $ 53 $ 53 The following tables are by loan category and present loans past due and on non-accrual status as of June 30, 2017 and December 31, 2016: (Dollars in thousands) Greater than 30-59 Days 60-89 Days 90 Days and Total June 30, 2017 Past Due Past Due Accruing Nonaccrual Past Due Current Total Loans Commercial $ 5 $ 5 $ — $ — $ 10 $ 41,883 $ 41,893 Real estate: Construction — — — — — 34,526 34,526 Mortgage-residential — 35 — 390 425 44,587 45,012 Mortgage-commercial 864 343 — 2,584 3,791 390,663 394,454 Consumer: Home equity 89 9 — 56 154 29,937 30,091 Other 212 106 — — 318 7,126 7,444 $ 1,170 $ 498 $ — $ 3,030 $ 4,698 $ 548,722 $ 553,420 (Dollars in thousands) Greater than 30-59 Days 60-89 Days 90 Days and Total December 31, 2016 Past Due Past Due Accruing Nonaccrual 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 $ 1,275 $ 547 $ 53 $ 4,049 $ 5,924 $ 540,785 $ 546,709 The Company reviews TDRs in accordance with applicable regulatory and accounting guidance. There were no loans determined to be TDRs that were restructured during the three and six month periods ended June 30, 2017 or the three month period ended June 30, 2016. The following table, by loan category, presents one loan determined to be a TDR during the six month period ended June 30, 2016. The loan was modified to extend the term of the loan due to financial hardship of the borrower. The loan was subsequently paid off in June 2016. Troubled Debt Restructurings (Dollars in thousands) For the six months ended June 30, 2016 Number Pre-Modification Post-Modification Accrual Mortgage-Commercial 1 $ 413 $ 413 Total Accrual 1 $ 413 $ 413 Total TDRs 1 $ 413 $ 413 During the three and six month periods ended June 30, 2017 and 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	6 Months Ended
	Jun. 30, 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 the Company’s 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	6 Months Ended
	Jun. 30, 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 June 30, 2017 and December 31, 2016 are as follows: Fair Value June 30, 2017 Carrying (Dollars in thousands) amount Total Level 1 Level 2 Level 3 Financial Assets: Cash and short term investments $ 34,487 $ 34,487 $ 34,487 $ — $ — Held-to-maturity securities 17,103 17,386 — 17,386 — Available-for-sale securities 239,412 239,412 856 237,556 1,000 Other investments, at cost 2,598 2,598 — — 2,598 Loans held for sale 6,590 6,590 — 6,590 — Net loans receivable 547,930 548,850 — 544,110 4,740 Accrued interest 2,801 2,801 2,801 — — Financial Liabilities Non-interest bearing demand deposits $ 195,254 $ 195,254 $ — $ 195,254 $ — Interest bearing demand deposits and money market accounts 333,456 333,456 — 333,456 — Savings 75,491 75,491 — 75,491 — Time deposits 168,925 169,236 — 169,236 — Total deposits 773,126 604,201 — 604,201 — Federal Home Loan Bank Advances 17,997 18,187 — 18,187 — Short term borrowings 17,319 17,319 — 17,319 — Junior subordinated debentures 14,964 14,950 — 14,950 — Accrued interest payable 532 532 532 — — Fair Value December 31, 2016 Carrying (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 deposits $ 182,915 $ 182,915 $ — $ 182,915 $ — Interest bearing demand deposits 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 532 532 532 — — The following tables summarize quantitative disclosures about the fair value for each category of assets carried at fair value as of June 30, 2017 and December 31, 2016 that are measured on a recurring basis. There were no liabilities carried at fair value as of June 30, 2017 or December 31, 2016 that are measured on a recurring basis. Quoted Prices Significant Significant June 30, 2017 in Active markets Other Observable Unobservable Available-for-sale securities for Identical Assets Inputs Inputs (Dollars in thousands) Fair Value (Level 1) (Level 2) (Level 3) US Treasury securities $ 1,524 $ — $ 1,524 $ — Government sponsored enterprises 997 — 997 — Mortgage-backed securities 130,714 — 130,714 — Small Business Administration pools 53,021 — 53,021 — State and local government 52,300 — 52,300 — Corporate and other securities 856 796 60 — $ 239,412 $ 796 $ 238,632 $ — Quoted Prices Significant Significant December 31, 2016 in Active markets Other Observable Unobservable Available-for-sale securities for Identical Assets Inputs Inputs (Dollars in thousands) Fair Value (Level 1) (Level 2) (Level 3) US Treasury securities $ 1,520 — 1,520 — Government sponsored enterprises 997 — 997 — Mortgage-backed securities 144,298 — 144,298 — Small Business Administration pools 50,184 — 50,184 — State and local government 54,534 — 54,534 — Corporate and other securities 1,861 801 60 1,000 $ 253,394 $ 801 $ 251,593 $ 1,000 The following table reconciles the changes in Level 3 financial instruments for the three months ended June 30, 2017 and 2016 that are measured on a recurring basis. June 30, 2017 2016 ( Dollars in thousands) Corporate Corporate Beginning Balance December 31: $ 1,000 $ 417 Total gains or losses (realized/unrealized) Included in earnings — — Included in other comprehensive income — — Purchases, issuances, and settlements — 950 Maturities, sales, payoffs (417 ) Transfers in and/or out of Level 3 (1,000 ) — Ending Balance June 30: $ — $ 950 The following tables summarize quantitative disclosures about the fair value for each category of assets carried at fair value as of June 30, 2017 and December 31, 2016 that are measured on a non-recurring basis. (Dollars in thousands) Description June 30, Quoted Prices Significant Significant Impaired loans: Commercial $ — $ — $ — $ — Real estate: Mortgage-residential 432 — — 432 Mortgage-commercial 4,252 — — 4,252 Consumer: Home equity 56 — — 56 Other — — — — Total impaired 4,740 — — 4,740 Other real estate owned: Construction 141 — — 141 Mortgage-residential 47 — — 47 Mortgage-commercial 650 — — 650 Total other real estate owned 838 — — 838 Total $ 5,578 $ — $ — $ 5,578 (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 $4.8 million and $7.0 million as of June 30, 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 June 30, 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 $ 838 Appraisal Value/Comparison Appraisals and Appraisals discounted Impaired loans $ 4,740 Appraisal Value Appraisals and Appraisals discounted (Dollars in thousands) Fair Value as of Valuation Technique Significant Significant Corporate and Other Securities $ 1,000 Estimation based on comparable Comparable n/a OREO $ 1,146 Appraisal Value/Comparison Appraisals and Appraisals discounted Impaired loans $ 5,813 Appraisal Value Appraisals and Appraisals discounted

DEPOSITS

DEPOSITS	6 Months Ended
	Jun. 30, 2017
Banking and Thrift [Abstract]
DEPOSITS	Note 7 – Deposits The Company’s total deposits are comprised of the following at the dates indicated: June 30, December 31, (Dollars in thousands) 2017 2016 Non-interest bearing demand deposits $ 195,254 $ 182,915 Interest bearing demand deposits and money market accounts 333,456 327,459 Savings 75,491 75,012 Time deposits 168,925 181,236 Total deposits $ 773,126 $ 766,622 As of June 30, 2017 and December 31, 2016, the Company had time deposits greater than $250,000 of $36.6 million and $37.7 million, respectively.

REPORTABLE SEGMENTS

REPORTABLE SEGMENTS	6 Months Ended
	Jun. 30, 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”). Six months ended June 30, 2017 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 15,310 $ 178 $ — $ 1,445 $ (1,436 ) $ 15,497 Interest expense 1,114 — — 273 — 1,387 Net interest income $ 14,196 $ 178 $ — $ 1,172 $ (1,436 ) $ 14,110 Provision for loan losses 194 — — — — 194 Noninterest income 2,042 1,918 572 90 — 4,622 Noninterest expense 11,917 1,412 578 183 — 14,090 Net income before taxes $ 4,127 $ 684 $ (6 ) $ 1,079 $ (1,436 ) $ 4,448 Income tax provision (benefit) 1,265 — — (237 ) — 1,028 Net income (loss) $ 2,862 $ 684 $ (6 ) $ 1,316 $ (1,436 ) $ 3,420 Three months ended June 30, 2017 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 7,590 $ 119 $ — $ 679 $ (664 ) 7,724 Interest expense 557 — — 118 — 675 Net interest income $ 7,033 $ 119 $ — $ 561 $ (664 ) $ 7,049 Provision for loan losses 78 — — — — 78 Noninterest income 1,099 1,248 297 — — 2,644 Noninterest expense 6,174 803 260 133 — 7,370 Net income before taxes $ 1,880 $ 564 $ 37 $ 428 $ (664 ) $ 2,245 Income tax provision (benefit) 644 — — (63 ) — 581 Net income $ 1,236 $ 564 $ 37 $ 491 $ (664 ) $ 1,664 Six months ended June 30, 2016 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 14,396 $ 82 $ — $ 1,414 $ (1,296 ) $ 14,596 Interest expense 1,343 — — 239 — 1,582 Net interest income $ 13,053 $ 82 $ — $ 1,175 $ (1,296 ) $ 13,014 Provision for loan losses 357 — — — — 357 Noninterest income 2,187 1,578 588 — — 4,353 Noninterest expense 10,722 1,155 517 281 — 12,675 Net income before taxes $ 4,161 $ 505 $ 71 $ 894 $ (1,296 ) $ 4,335 Income tax provision (benefit) 1,233 — — (111 ) — 1,122 Net income (loss) $ 2,928 $ 505 $ 71 $ 1,005 $ (1,296 ) $ 3,213 Three months ended June 30, 2016 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 7,389 $ 55 $ — $ 679 $ (664 ) 7,459 Interest expense 664 — — 118 782 Net interest income $ 6,725 $ 55 $ — $ 561 $ (664 ) $ 6,677 Provision for loan losses 217 — — — — 217 Noninterest income 1,054 913 297 — — 2,264 Noninterest expense 5,317 623 260 133 — 6,333 Net income before taxes $ 2,245 $ 345 $ 37 $ 428 $ (664 ) $ 2,391 Income tax provision (benefit) 709 — — (63 ) — 646 Net income $ 1,536 $ 345 $ 37 $ 491 $ (664 ) $ 1,745 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Total Assets as of June 30, 2017 $ 902,412 $ 12,194 $ 24 $ 100,211 $ (99,379 ) $ 915,462 Total Assets as of December 31, 2016 $ 904,568 $ 8,158 $ 32 $ 98,210 $ (96,175 ) $ 914,793 Note 8 – Reportable Segments-continued Three months ended June 30, 2016 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 7,389 $ 55 $ — $ 679 $ (664 ) 7,459 Interest expense 664 — — 118 782 Net interest income $ 6,725 $ 55 $ — $ 561 $ (664 ) $ 6,677 Provision for loan losses 217 — — — — 217 Noninterest income 1,054 913 297 — — 2,264 Noninterest expense 5,317 623 260 133 — 6,333 Net income before taxes $ 2,245 $ 345 $ 37 $ 428 $ (664 ) $ 2,391 Income tax provision (benefit) 709 — — (63 ) — 646 Net income $ 1,536 $ 345 $ 37 $ 491 $ (664 ) $ 1,745 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Total Assets as of June 30, 2017 $ 902,412 $ 12,194 $ 24 $ 100,211 $ (99,379 ) $ 915,462 Total Assets as of December 31, 2016 $ 904,568 $ 8,158 $ 32 $ 98,210 $ (96,175 ) $ 914,793

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2017
Subsequent Events [Abstract]
Subsequent Events	Note 9 – Subsequent Events Subsequent events

MERGERS AND ACQUISITIONS

MERGERS AND ACQUISITIONS	6 Months Ended
	Jun. 30, 2017
Business Combinations [Abstract]
MERGERS AND ACQUISITIONS	Note 10 - Mergers and Acquisitions 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 June 30, 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 has filed 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)	6 Months Ended
	Jun. 30, 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 reconciles the numerator and denominator of the basic and diluted earnings per common share computation: (In thousands except average market price) Six months Three months Ended June 30, Ended June 30, 2017 2016 2017 2016 Numerator (Net income) $ 3,420 $ 3,213 $ 1,664 $ 1,745 Denominator Weighted average common shares outstanding for: Basic earnings per share 6,641 6,554 6,634 6,584 Dilutive securities: Deferred compensation 54 38 54 38 Warrants/Restricted stock – Treasury stock method 118 141 115 147 Diluted earnings per share 6,813 6,733 6,803 6,769 The average market price used in calculating assumed number of shares $ 20.56 $ 14.00 $ 20.75 $ 14.00

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	6 Months Ended
	Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]
Schedule of amortized cost and estimated fair values of available-for-sale	AVAILABLE-FOR-SALE: Gross Gross Amortized Unrealized Unrealized (Dollars in thousands) Cost Gains Losses Fair Value June 30, 2017 US Treasury securities $ 1,534 $ — $ 10 $ 1,524 Government sponsored enterprises 956 41 — 997 Mortgage-backed securities 131,406 527 1,219 130,714 Small Business Administration pools 53,329 198 506 53,021 State and local government 51,596 1,407 703 52,300 Corporate and other securities 932 — 76 856 $ 239,753 $ 2,173 $ 2,514 $ 239,412 Gross Gross Amortized Unrealized Unrealized (Dollars in thousands) Cost Gains Losses Fair Value December 31, 2016 US Treasury securities $ 1,538 $ — $ 18 $ 1,520 Government sponsored enterprises 959 38 0 997 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: Gross Gross Amortized Unrealized Unrealized (Dollars in thousands) Cost Gains Losses Fair Value June 30, 2017 State and local government $ 17,103 $ 292 $ 9 $ 17,386 $ 17,103 $ 292 $ 9 $ 17,386 Gross Gross Amortized Unrealized Unrealized (Dollars in thousands) Cost Gains Losses Fair Value 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 June 30, 2017 and December 31, 2016. (Dollars in thousands) Less than 12 months 12 months or more Total June 30, 2017 Unrealized Unrealized Unrealized Available-for-sale securities: Fair Value Loss Fair Value Loss Fair Value Loss US Treasury securities $ 1,523 $ 10 $ — $ — $ 1,523 $ 10 Government Sponsored Enterprise mortgage-backed securities 50,840 1,001 17,682 218 68,522 1,219 Small Business Administration pools 18,517 189 21,626 317 40,143 506 State and local government 13,153 703 — — 13,153 703 Corporate and other securities — — 796 76 796 76 $ 84,033 $ 1,903 $ 40,104 $ 611 $ 124,137 $ 2,514 (Dollars in thousands) Less than 12 months 12 months or more Total June 30, 2017 Unrealized Unrealized Unrealized Held-to-maturity securities: Fair Value Loss Fair Value Loss Fair Value Loss State and local government $ 1,981 $ 9 $ — $ — $ 1,981 $ 9 (Dollars in thousands) Less than 12 months 12 months or more Total December 31, 2016 Unrealized Unrealized Unrealized Available-for-sale securities: Fair Value Loss Fair Value Loss Fair Value Loss US Treasury securities $ 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 and other securities — — 801 71 801 71 $ 111,624 $ 2,896 $ 40,838 $ 730 $ 152,462 $ 3,626 (Dollars in thousands) Less than 12 months 12 months or more Total December 31, 2016 Unrealized Unrealized Unrealized Held-to-maturity securities: Fair Value Loss Fair Value Loss Fair Value Loss State and local government $ 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	June 30, 2017 Available-for-sale Held-to-maturity Amortized Fair Amortized Fair (Dollars in thousands) Cost Value Cost Value Due in one year or less $ 8,424 $ 8,481 $ — $ — Due after one year through five years 134,959 135,306 7,961 8,073 Due after five years through ten years 89,391 88,743 9,142 9,313 Due after ten years 6,979 6,882 — — $ 239,753 $ 239,412 $ 17,103 $ 17,386

LOANS (Tables)

LOANS (Tables)	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Summary of loans by category	Loans summarized by category as of June 30, 2017, December 31, 2016 and June 30, 2016 are as follows: June 30, December 31, June 30, (Dollars in thousands) 2017 2016 2016 Commercial, financial, agricultural $ 41,893 $ 42,704 $ 39,480 Real estate: Construction 34,526 45,746 42,253 Mortgage-residential 45,012 47,472 50,500 Mortgage-commercial 394,454 371,112 339,276 Consumer: Home equity 30,091 31,368 31,608 Other 7,444 8,307 8,186 Total $ 553,420 $ 546,709 $ 511,303
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 six months ended June 30, 2017 and June 30, 2016 and for the year ended December 31, 2016 is as follows: (Dollars in thousands) Real estate Real estate Consumer June 30, 2017 Real estate Mortgage Mortgage Home Consumer Commercial construction Residential Commercial Equity Other Unallocated Total Allowance for loan losses: Beginning balance $ 145 $ 104 $ 438 $ 2,793 $ 153 $ 127 $ 1,454 $ 5,214 Charge-offs — — — (24 ) — (44 ) — (68 ) Recoveries 3 — 2 113 24 8 — 150 Provisions 21 (28 ) (87 ) (37 ) 19 (67 ) 373 194 Ending balance $ 169 $ 76 $ 353 $ 2,845 $ 196 $ 24 $ 1,827 $ 5,490 Ending balances: Individually evaluated for impairment $ — $ — $ 2 $ 23 $ — $ — $ — $ 25 Collectively evaluated for impairment 169 76 351 2,822 196 24 1,827 5,465 June 30, 2017 Ending balance-total $ 41,893 $ 34,526 $ 45,012 $ 394,454 $ 30,091 $ 7,444 $ — $ 553,420 Ending balances: Individually evaluated for impairment — — 434 4,275 56 — — 4,763 Collectively evaluated for impairment $ 41,893 $ 34,526 $ 44,578 $ 390,179 $ 30,035 $ 7,444 $ — $ 548,655 (Dollars in thousands) Real estate Real estate Consumer Real estate Mortgage Mortgage Home Consumer Commercial Construction Residential Commercial equity Other Unallocated Total June 30, 2016 Allowance for loan losses: Beginning balance $ 75 $ 51 $ 223 $ 2,036 $ 127 $ 37 $ 2,047 $ 4,596 Charge-offs — — (1 ) (58 ) (8 ) (33 ) — (100 ) Recoveries 3 — 5 8 2 6 — 24 Provisions (7 ) 8 (20 ) 363 (28 ) 13 28 357 Ending balance $ 71 $ 59 $ 207 $ 2,349 $ 93 $ 23 $ 2,075 $ 4,877 Ending balances: Individually evaluated for impairment $ — $ — $ — $ 3 $ — $ — $ — $ 3 Collectively evaluated for impairment 71 59 207 2,346 93 23 2,075 4,874 June 30, 2016 Ending balance-total $ 39,480 $ 42,253 $ 50,500 $ 339,276 $ 31,608 $ 8,186 $ — $ 511,303 Ending balances: Individually evaluated for impairment 1 — 718 5,353 30 — — 6,102 Collectively evaluated for impairment $ 39,479 $ 42,253 $ 49,782 $ 333,923 $ 31,578 $ 8,186 $ — $ 505,201 (Dollars in thousands) Real estate Real estate Consumer Real estate Mortgage Mortgage Home Consumer Commercial Construction Residential Commercial equity Other Unallocated Total December 31, 2016 Allowance for loan losses: Beginning balance $ 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 $ 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 The detailed activity in the allowance for loan losses as of and for the three months ended June 30, 2017 and the three months ended June 30, 2016 is as follows: (Dollars in thousands) Real estate Real estate Consumer June 30, 2017 Real estate Mortgage Mortgage Home Consumer Commercial construction Residential Commercial Equity Other Unallocated Total Allowance for loan losses: Beginning balance $ 140 $ 71 $ 398 $ 2,858 $ 163 $ 159 $ 1,579 $ 5368 Charge-offs — — — — — (17 ) — (17 ) Recoveries 1 — 1 32 23 4 — 61 Provisions 28 5 (46 ) (45 ) 10 (122 ) 248 78 Ending balance $ 169 $ 76 $ 353 $ 2,845 $ 196 $ 24 $ 1,827 $ 5,490 (Dollars in thousands) Real estate Real estate Consumer June 30, 2016 Real estate Mortgage Mortgage Home Consumer Commercial construction Residential Commercial Equity Other Unallocated Total Allowance for loan losses: Beginning balance $ 73 $ 57 $ 237 $ 2,001 $ 87 $ 26 $ 2,206 $ 4687 Charge-offs — — (1 ) (13 ) (8 ) (15 ) — (37 ) Recoveries 1 — 3 2 1 3 — 10 Provisions (3 ) 2 (32 ) 359 13 9 (131 ) 217 Ending balance $ 71 $ 59 $ 207 $ 2,349 $ 93 $ 23 $ 2,075 $ 4,877
Schedule of related party loan	The following table presents related party loan transactions for the six months ended June 30, 2017 and 2016: (Dollars in thousands) 2017 2016 Beginning Balance December 31, $ 6,103 $ 7,037 New Loans 87 417 Less loan repayments 754 659 Ending Balance June 30, 2017 $ 5,436 $ 6,795
Schedule of loans individually evaluated and considered impaired	The following table presents at June 30, 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) June 30, December 31, 2017 2016 Total loans considered impaired $ 4,765 $ 5,819 Loans considered impaired for which there is a related allowance for loan loss: Outstanding loan balance 1,735 224 Related allowance 25 6 Loans considered impaired and previously written down to fair value 2,872 5,595 Average impaired loans 4,746 8,727
Schedule of loan category and loans individually evaluated and considered impaired	The following tables are by loan category and present at June 30, 2017, December 31, 2016 and June, 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) Six months ended Three months ended Unpaid Average Interest Average Interest June 30, 2017 Recorded Principal Related Recorded income Recorded Income Investment Balance Allowance Investment Recognized Investment Recognized With no allowance recorded: Commercial, financial, agricultural $ — $ — $ — $ — $ — $ — $ — Real estate: Construction — — — — — — — Mortgage-residential 390 449 — 390 7 389 6 Mortgage-commercial 2,584 5,123 — 2,583 105 2,575 20 Consumer: Home equity 56 57 — 56 — 56 — Other — — — — — — — With an allowance recorded: Commercial, financial, agricultural — — — — — — — Real estate: Construction — — — — — — — Mortgage-residential 44 44 23 44 1 44 1 Mortgage-commercial 1,691 2,124 2 1,673 88 1,683 22 Consumer: Home equity — — — — — — — Other — — — — — — — Total: Commercial, financial, agricultural $ — $ — $ — $ — $ — $ — $ — Real estate: Construction — — — — — — — Mortgage-residential 434 493 23 434 8 433 7 Mortgage-commercial 4,275 7,247 2 4,256 193 4,258 42 Consumer: Home equity 56 57 — 56 — 56 — Other — — — — — — — $ 4,765 $ 7,797 $ 25 $ 4,746 $ 201 $ 4,747 $ 49 (Dollars in thousands) Six months ended Three months ended Unpaid Average Interest Average Interest June 30, 2016 Recorded Principal Related Recorded Income Recorded Income Investment Balance Allowance Investment Recognized Investment Recognized With no allowance recorded: Commercial $ 1 $ 1 $ — $ 6 $ — $ 3 $ — Real estate: Construction — — — — — — — Mortgage-residential 670 687 — 794 1 837 1 Mortgage-commercial 5,353 7,855 — 8,851 50 8,796 24 Consumer: Home Equity 30 30 — 30 — 30 — Other — — — — — — — With an allowance recorded: Commercial — — — — — — — Real estate: Construction — — — — — — — Mortgage-residential 48 48 3 48 1 48 1 Mortgage-commercial — — — — — — — Consumer: Home Equity — — — — — — — Other — — — — — — — Total: Commercial $ 1 $ 1 $ — $ 6 $ — $ 3 $ — Real estate: Construction — — — — — — — Mortgage-residential 718 735 3 842 1 837 1 Mortgage-commercial 5,353 7,855 — 8,851 50 8,796 24 Consumer: Home Equity 30 30 — 30 — 30 — Other — — — — — — — $ 6,102 $ 8,621 $ 3 $ 9,729 $ 51 $ 9,666 $ 25 (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 loan by risk categories	As of June 30, 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 June 30, 2017 and December 31, 2016, no loans were classified as doubtful. (Dollars in thousands) Special June 30, 2017 Pass Mention Substandard Doubtful Total Commercial, financial & agricultural $ 41,693 $ 200 $ — $ — $ 41,893 Real estate: Construction 34,526 — — — 34,526 Mortgage – residential 43,524 587 901 — 45,012 Mortgage – commercial 383,234 5,784 5,436 — 394,454 Consumer: Home Equity 29,664 172 255 — 30,091 Other 7,444 — — 7,444 Total $ 540,085 $ 6,743 $ 6,592 $ — $ 553,420 (Dollars in thousands) Special December 31, 2016 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 358,766 5,773 6,572 — 371,112 Consumer: Home Equity 30,929 180 259 — 31,368 Other 8,302 6 — 8,307 Total $ 531,980 $ 6,799 $ 7,930 $ — $ 546,709
Schedule of summary of changes in the accretable yield	A summary of changes in the accretable yield for PCI loans for the three and six months ended June 30, 2017 and 2016 follows (in thousands): Three Months Six Months Accretable yield, beginning of period $ 56 $ 34 Accretion (6 ) (28 ) Reclassification of nonaccretable difference due to improvement in expected cash flows — 44 Accretable yield, end of period $ 50 $ 50 Three Months Six Months Accretable yield, beginning of period $ 50 $ 92 Accretion (91 ) (133 ) Reclassification of nonaccretable difference due to improvement in expected cash flows 94 94 Accretable yield, end of period $ 53 $ 53
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 June 30, 2017 and December 31, 2016: (Dollars in thousands) Greater than 30-59 Days 60-89 Days 90 Days and Total June 30, 2017 Past Due Past Due Accruing Nonaccrual Past Due Current Total Loans Commercial $ 5 $ 5 $ — $ — $ 10 $ 41,883 $ 41,893 Real estate: Construction — — — — — 34,526 34,526 Mortgage-residential — 35 — 390 425 44,587 45,012 Mortgage-commercial 864 343 — 2,584 3,791 390,663 394,454 Consumer: Home equity 89 9 — 56 154 29,937 30,091 Other 212 106 — — 318 7,126 7,444 $ 1,170 $ 498 $ — $ 3,030 $ 4,698 $ 548,722 $ 553,420 (Dollars in thousands) Greater than 30-59 Days 60-89 Days 90 Days and Total December 31, 2016 Past Due Past Due Accruing Nonaccrual 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 $ 1,275 $ 547 $ 53 $ 4,049 $ 5,924 $ 540,785 $ 546,709
Schedule by loan category, present loans determined to be TDRs	The following table, by loan category, presents one loan determined to be a TDR during the six month period ended June 30, 2016. The loan was modified to extend the term of the loan due to financial hardship of the borrower. The loan was subsequently paid off in June 2016. Troubled Debt Restructurings (Dollars in thousands) For the six months ended June 30, 2016 Number Pre-Modification Post-Modification Accrual Mortgage-Commercial 1 $ 413 $ 413 Total Accrual 1 $ 413 $ 413 Total TDRs 1 $ 413 $ 413

FAIR VALUE MEASUREMENT (Tables)

FAIR VALUE MEASUREMENT (Tables)	6 Months Ended
	Jun. 30, 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 June 30, 2017 and December 31, 2016 are as follows: Fair Value June 30, 2017 Carrying (Dollars in thousands) amount Total Level 1 Level 2 Level 3 Financial Assets: Cash and short term investments $ 34,487 $ 34,487 $ 34,487 $ — $ — Held-to-maturity securities 17,103 17,386 — 17,386 — Available-for-sale securities 239,412 239,412 856 237,556 1,000 Other investments, at cost 2,598 2,598 — — 2,598 Loans held for sale 6,590 6,590 — 6,590 — Net loans receivable 547,930 548,850 — 544,110 4,740 Accrued interest 2,801 2,801 2,801 — — Financial Liabilities Non-interest bearing demand deposits $ 195,254 $ 195,254 $ — $ 195,254 $ — Interest bearing demand deposits and money market accounts 333,456 333,456 — 333,456 — Savings 75,491 75,491 — 75,491 — Time deposits 168,925 169,236 — 169,236 — Total deposits 773,126 604,201 — 604,201 — Federal Home Loan Bank Advances 17,997 18,187 — 18,187 — Short term borrowings 17,319 17,319 — 17,319 — Junior subordinated debentures 14,964 14,950 — 14,950 — Accrued interest payable 532 532 532 — — Fair Value December 31, 2016 Carrying (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 deposits $ 182,915 $ 182,915 $ — $ 182,915 $ — Interest bearing demand deposits 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 532 532 532 — —
Schedule of fair value for each category of assets carried at fair value that are measured on a recurring basis	The following tables summarize quantitative disclosures about the fair value for each category of assets carried at fair value as of June 30, 2017 and December 31, 2016 that are measured on a recurring basis. There were no liabilities carried at fair value as of June 30, 2017 or December 31, 2016 that are measured on a recurring basis. Quoted Prices Significant Significant June 30, 2017 in Active markets Other Observable Unobservable Available-for-sale securities for Identical Assets Inputs Inputs (Dollars in thousands) Fair Value (Level 1) (Level 2) (Level 3) US Treasury securities $ 1,524 $ — $ 1,524 $ — Government sponsored enterprises 997 — 997 — Mortgage-backed securities 130,714 — 130,714 — Small Business Administration pools 53,021 — 53,021 — State and local government 52,300 — 52,300 — Corporate and other securities 856 796 60 — $ 239,412 $ 796 $ 238,632 $ — Quoted Prices Significant Significant December 31, 2016 in Active markets Other Observable Unobservable Available-for-sale securities for Identical Assets Inputs Inputs (Dollars in thousands) Fair Value (Level 1) (Level 2) (Level 3) US Treasury securities $ 1,520 — 1,520 — Government sponsored enterprises 997 — 997 — Mortgage-backed securities 144,298 — 144,298 — Small Business Administration pools 50,184 — 50,184 — State and local government 54,534 — 54,534 — Corporate and other securities 1,861 801 60 1,000 $ 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 June 30, 2017 and 2016 that are measured on a recurring basis. June 30, 2017 2016 ( Dollars in thousands) Corporate Corporate Beginning Balance December 31: $ 1,000 $ 417 Total gains or losses (realized/unrealized) Included in earnings — — Included in other comprehensive income — — Purchases, issuances, and settlements — 950 Maturities, sales, payoffs (417 ) Transfers in and/or out of Level 3 (1,000 ) — Ending Balance June 30: $ — $ 950
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 June 30, 2017 and December 31, 2016 that are measured on a non-recurring basis. (Dollars in thousands) Description June 30, Quoted Prices Significant Significant Impaired loans: Commercial $ — $ — $ — $ — Real estate: Mortgage-residential 432 — — 432 Mortgage-commercial 4,252 — — 4,252 Consumer: Home equity 56 — — 56 Other — — — — Total impaired 4,740 — — 4,740 Other real estate owned: Construction 141 — — 141 Mortgage-residential 47 — — 47 Mortgage-commercial 650 — — 650 Total other real estate owned 838 — — 838 Total $ 5,578 $ — $ — $ 5,578 (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
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 June 30, 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 $ 838 Appraisal Value/Comparison Appraisals and Appraisals discounted Impaired loans $ 4,740 Appraisal Value Appraisals and Appraisals discounted (Dollars in thousands) Fair Value as of Valuation Technique Significant Significant Corporate and Other Securities $ 1,000 Estimation based on comparable Comparable n/a OREO $ 1,146 Appraisal Value/Comparison Appraisals and Appraisals discounted Impaired loans $ 5,813 Appraisal Value Appraisals and Appraisals discounted

DEPOSITS (Tables)

DEPOSITS (Tables)	6 Months Ended
	Jun. 30, 2017
Banking and Thrift [Abstract]
Schedule of Total Deposit Liabilities	The Company’s total deposits are comprised of the following at the dates indicated: June 30, December 31, (Dollars in thousands) 2017 2016 Non-interest bearing demand deposits $ 195,254 $ 182,915 Interest bearing demand deposits and money market accounts 333,456 327,459 Savings 75,491 75,012 Time deposits 168,925 181,236 Total deposits $ 773,126 $ 766,622

REPORTABLE SEGMENTS (Tables)

REPORTABLE SEGMENTS (Tables)	6 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
Schedule of Reportable Segment	Six months ended June 30, 2017 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 15,310 $ 178 $ — $ 1,445 $ (1,436 ) $ 15,497 Interest expense 1,114 — — 273 — 1,387 Net interest income $ 14,196 $ 178 $ — $ 1,172 $ (1,436 ) $ 14,110 Provision for loan losses 194 — — — — 194 Noninterest income 2,042 1,918 572 90 — 4,622 Noninterest expense 11,917 1,412 578 183 — 14,090 Net income before taxes $ 4,127 $ 684 $ (6 ) $ 1,079 $ (1,436 ) $ 4,448 Income tax provision (benefit) 1,265 — — (237 ) — 1,028 Net income (loss) $ 2,862 $ 684 $ (6 ) $ 1,316 $ (1,436 ) $ 3,420 Three months ended June 30, 2017 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 7,590 $ 119 $ — $ 679 $ (664 ) 7,724 Interest expense 557 — — 118 — 675 Net interest income $ 7,033 $ 119 $ — $ 561 $ (664 ) $ 7,049 Provision for loan losses 78 — — — — 78 Noninterest income 1,099 1,248 297 — — 2,644 Noninterest expense 6,174 803 260 133 — 7,370 Net income before taxes $ 1,880 $ 564 $ 37 $ 428 $ (664 ) $ 2,245 Income tax provision (benefit) 644 — — (63 ) — 581 Net income $ 1,236 $ 564 $ 37 $ 491 $ (664 ) $ 1,664 Six months ended June 30, 2016 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 14,396 $ 82 $ — $ 1,414 $ (1,296 ) $ 14,596 Interest expense 1,343 — — 239 — 1,582 Net interest income $ 13,053 $ 82 $ — $ 1,175 $ (1,296 ) $ 13,014 Provision for loan losses 357 — — — — 357 Noninterest income 2,187 1,578 588 — — 4,353 Noninterest expense 10,722 1,155 517 281 — 12,675 Net income before taxes $ 4,161 $ 505 $ 71 $ 894 $ (1,296 ) $ 4,335 Income tax provision (benefit) 1,233 — — (111 ) — 1,122 Net income (loss) $ 2,928 $ 505 $ 71 $ 1,005 $ (1,296 ) $ 3,213 Three months ended June 30, 2016 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 7,389 $ 55 $ — $ 679 $ (664 ) 7,459 Interest expense 664 — — 118 782 Net interest income $ 6,725 $ 55 $ — $ 561 $ (664 ) $ 6,677 Provision for loan losses 217 — — — — 217 Noninterest income 1,054 913 297 — — 2,264 Noninterest expense 5,317 623 260 133 — 6,333 Net income before taxes $ 2,245 $ 345 $ 37 $ 428 $ (664 ) $ 2,391 Income tax provision (benefit) 709 — — (63 ) — 646 Net income $ 1,536 $ 345 $ 37 $ 491 $ (664 ) $ 1,745 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Total Assets as of June 30, 2017 $ 902,412 $ 12,194 $ 24 $ 100,211 $ (99,379 ) $ 915,462 Total Assets as of December 31, 2016 $ 904,568 $ 8,158 $ 32 $ 98,210 $ (96,175 ) $ 914,793 Note 8 – Reportable Segments-continued Three months ended June 30, 2016 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 7,389 $ 55 $ — $ 679 $ (664 ) 7,459 Interest expense 664 — — 118 782 Net interest income $ 6,725 $ 55 $ — $ 561 $ (664 ) $ 6,677 Provision for loan losses 217 — — — — 217 Noninterest income 1,054 913 297 — — 2,264 Noninterest expense 5,317 623 260 133 — 6,333 Net income before taxes $ 2,245 $ 345 $ 37 $ 428 $ (664 ) $ 2,391 Income tax provision (benefit) 709 — — (63 ) — 646 Net income $ 1,536 $ 345 $ 37 $ 491 $ (664 ) $ 1,745 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Total Assets as of June 30, 2017 $ 902,412 $ 12,194 $ 24 $ 100,211 $ (99,379 ) $ 915,462 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		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Earnings Per Share [Abstract]
Numerator (Included in basic and diluted earnings per share)	$ 1,664	$ 1,745	$ 3,420	$ 3,213
Weighted average common shares outstanding for:
Basic earnings common per share (in shares)	6,634	6,584	6,641	6,554
Dilutive securities:
Deferred compensation (in shares)	54	38	54	38
Warrants - Treasury stock method (in shares)	115	147	118	141
Diluted earnings per share (in shares)	6,803	6,769	6,813	6,733
The average market price used in calculating assumed number of shares (in dollars per share)	$ 20.75	$ 14	$ 20.56	$ 14

EARNINGS PER SHARE (Details Nar

EARNINGS PER SHARE (Details Narrative) - USD ($) $ in Thousands	Dec. 16, 2011	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Outstanding Shares (in shares)
Unrecognized compensation cost		$ 207		$ 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	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 239,753	$ 255,387
Gross Unrealized Gains	2,173	1,633
Gross Unrealized Losses	2,514	3,626
Fair Value	239,412	253,394
US Treasury Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	1,534	1,538
Gross Unrealized Gains
Gross Unrealized Losses	10	18
Fair Value	1,524	1,520
Government sponsored enterprises [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	956	959
Gross Unrealized Gains	41	38
Gross Unrealized Losses		0
Fair Value	997	997
Mortgage-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	131,406	145,696
Gross Unrealized Gains	527	480
Gross Unrealized Losses	1,219	1,878
Fair Value	130,714	144,298
Small Business Administration pools [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	53,329	50,560
Gross Unrealized Gains	198	208
Gross Unrealized Losses	506	584
Fair Value	53,021	50,184
State and local government [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	51,596	54,702
Gross Unrealized Gains	1,407	907
Gross Unrealized Losses	703	1,075
Fair Value	52,300	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	76	71
Fair Value	$ 856	$ 1,861

INVESTMENT SECURITIES (Details

INVESTMENT SECURITIES (Details 2) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Schedule of Trading Securities and Other Trading Assets [Line Items]
Amortized Cost	$ 17,103	$ 17,193
Gross Unrealized Gains	292	54
Gross Unrealized Losses	9	133
Fair Value	17,386	17,114
State and local government [Member]
Schedule of Trading Securities and Other Trading Assets [Line Items]
Amortized Cost	17,103	17,193
Gross Unrealized Gains	292	54
Gross Unrealized Losses	9	133
Fair Value	$ 17,386	$ 17,114

INVESTMENT SECURITIES (Detail29

INVESTMENT SECURITIES (Details 3) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Available-for-sale securities
Less Than 12 Months, Fair Value	$ 84,033	$ 111,624
Less Than 12 Months, Unrealized Losses	1,903	2,896
12 Months Or Longer, Fair Value	40,104	40,838
12 Months Or Longer, Unrealized Losses	611	730
Total Fair Value	124,137	152,462
Total Unrealized Losses	2,514	3,626
Held-to-maturity debt securities
Less Than 12 Months, Fair Value	1,981	10,245
Less Than 12 Months, Unrealized Losses	9	133
12 Months Or Longer, Fair Value
12 Months Or Longer, Unrealized Losses
Total Fair Value	1,981	10,245
Total Unrealized Losses	9	133
US Treasury Securities [Member]
Available-for-sale securities
Less Than 12 Months, Fair Value	1,523	1,520
Less Than 12 Months, Unrealized Losses	10	18
12 Months Or Longer, Fair Value
12 Months Or Longer, Unrealized Losses
Total Fair Value	1,523	1,520
Total Unrealized Losses	10	18
Government sponsored enterprises [Member]
Available-for-sale securities
Less Than 12 Months, Fair Value	50,840	77,389
Less Than 12 Months, Unrealized Losses	1,001	1,597
12 Months Or Longer, Fair Value	17,682	16,655
12 Months Or Longer, Unrealized Losses	218	281
Total Fair Value	68,522	94,044
Total Unrealized Losses	1,219	1,878
Small Business Administration pools [Member]
Available-for-sale securities
Less Than 12 Months, Fair Value	18,517	15,213
Less Than 12 Months, Unrealized Losses	189	206
12 Months Or Longer, Fair Value	21,626	23,382
12 Months Or Longer, Unrealized Losses	317	378
Total Fair Value	40,143	38,595
Total Unrealized Losses	506	584
State and local government [Member]
Available-for-sale securities
Less Than 12 Months, Fair Value	13,153	17,502
Less Than 12 Months, Unrealized Losses	703	1,075
12 Months Or Longer, Fair Value
12 Months Or Longer, Unrealized Losses
Total Fair Value	13,153	17,502
Total Unrealized Losses	703	1,075
Held-to-maturity debt securities
Less Than 12 Months, Fair Value	1,981	10,245
Less Than 12 Months, Unrealized Losses	9	133
12 Months Or Longer, Fair Value
12 Months Or Longer, Unrealized Losses
Total Fair Value	1,981	10,245
Total Unrealized Losses	9	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	796	801
12 Months Or Longer, Unrealized Losses	76	71
Total Fair Value	796	801
Total Unrealized Losses	$ 76	$ 71

INVESTMENT SECURITIES (Detail30

INVESTMENT SECURITIES (Details 4) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Available-for-sale, Amortized Cost
Due in one year or less	$ 8,424
Due after one year through five years	134,959
Due after five years through ten years	89,391
Due after ten years	6,979
Total	239,753	$ 255,387
Available-for-sale, Fair Value
Due in one year or less	8,481
Due after one year through five years	135,306
Due after five years through ten years	88,743
Due after ten years	6,882
Total	239,412	253,394
Held To Maturity Securities, Amortized Cost
Due in one year or less
Due after one year through five years	7,961
Due after five years through ten years	9,142
Due after ten years
Total	17,103	17,193
Held To Maturity Securities, Fair value
Due in one year or less
Due after one year through five years	8,073
Due after five years through ten years	9,313
Due after ten years
Total	$ 17,386	$ 17,114

INVESTMENT SECURITIES (Detail31

INVESTMENT SECURITIES (Details Narrative) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Amortized Cost	$ 239,753		$ 239,753		$ 255,387
Fair Value	239,412		239,412		253,394
FHLB Stock	1,600		1,600		1,800
Corporate Stock	1,000		1,000
Proceeds from sale of investment securities available-for-sale	8,200	$ 2,200	10,570	$ 14,126
Gross realized gains	173	$ 64	247	$ 123
Gross realized losses	2		21
Mutual Funds [Member]
Fair Value	795		795		801
Foreign Corporate Debt Securities [Member]
Fair Value	$ 60		$ 60		$ 60

LOANS (Details)

LOANS (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 553,420	$ 546,709	$ 511,303
Commercial Financial and Agricultural Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	41,893	42,704	39,480
Real Estate Construction Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	34,526	45,746	42,253
Real estate Mortgage-residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	45,012	47,472	50,500
Real estate Mortgage-commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	394,454	371,112	339,276
Consumer Home Equity Line of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	30,091	31,368	31,608
Consumer Other Financing Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 7,444	$ 8,307	$ 8,186

LOANS (Details 2)

LOANS (Details 2) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Activity in the allowance for loan losses
Balance at the beginning of the period	$ 5,368	$ 4,687	$ 5,214	$ 4,596	$ 4,596
Charge-offs	(17)	(37)	(68)	(100)	(239)
Recoveries	61	10	150	24	83
Provisions	78	217	194	357	774
Balance at end of the period	5,490	4,877	5,490	4,877	5,214
Allowance for loan losses
Individually evaluated for impairment	25	3	25	3	6
Collectively evaluated for impairment	5,465	4,874	5,465	4,874	5,208
Loans receivable:
Ending balance-total	553,420	511,303	553,420	511,303	546,709
Individually evaluated for impairment	4,763	6,102	4,763	6,102	5,819
Collectively evaluated for impairment	548,655	505,201	548,655	505,201	540,890
Commercial Loan [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period	140	73	145	75	75
Charge-offs
Recoveries	1	1	3	3	5
Provisions	28	(3)	21	(7)	65
Balance at end of the period	169	71	169	71	145
Allowance for loan losses
Individually evaluated for impairment
Collectively evaluated for impairment	169	71	169	71	145
Loans receivable:
Ending balance-total	41,893	39,480	41,893	39,480	42,704
Individually evaluated for impairment		1		1
Collectively evaluated for impairment	41,893	39,479	41,893	39,479	42,704
Real Estate Construction Loans [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period	71	57	104	51	51
Charge-offs
Recoveries
Provisions	5	2	(28)	8	53
Balance at end of the period	76	59	76	59	104
Allowance for loan losses
Individually evaluated for impairment
Collectively evaluated for impairment	76	59	76	59	104
Loans receivable:
Ending balance-total	34,526	42,253	34,526	42,253	45,746
Individually evaluated for impairment
Collectively evaluated for impairment	34,526	42,253	34,526	42,253	45,746
Real estate Mortgage-residential [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period	398	237	438	223	223
Charge-offs		(1)		(1)	(11)
Recoveries	1	3	2	5	40
Provisions	(46)	(32)	(87)	(20)	186
Balance at end of the period	353	207	353	207	438
Allowance for loan losses
Individually evaluated for impairment	2		2		2
Collectively evaluated for impairment	351	207	351	207	436
Loans receivable:
Ending balance-total	45,012	50,500	45,012	50,500	47,472
Individually evaluated for impairment	434	718	434	718	639
Collectively evaluated for impairment	44,578	49,782	44,578	49,782	46,833
Real estate Mortgage-commercial [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period	2,858	2,206	2,793	2,036	2,036
Charge-offs			(24)	(58)	(136)
Recoveries	32		113	8	21
Provisions	(45)	(131)	(37)	363	872
Balance at end of the period	2,845	2,075	2,845	2,075	2,793
Allowance for loan losses
Individually evaluated for impairment	23	3	23	3	4
Collectively evaluated for impairment	2,822	2,346	2,822	2,346	2,789
Loans receivable:
Ending balance-total	394,454	339,276	394,454	339,276	371,112
Individually evaluated for impairment	4,275	5,353	4,275	5,353	5,124
Collectively evaluated for impairment	390,179	333,923	390,179	333,923	365,988
Consumer Home Equity Line of Credit [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period	163	2,001	153	127	127
Charge-offs		(13)		(8)	(20)
Recoveries	23	2	24	2	3
Provisions	10	359	19	(28)	43
Balance at end of the period	196	2,349	196	2,349	153
Allowance for loan losses
Individually evaluated for impairment
Collectively evaluated for impairment	196	93	196	93	153
Loans receivable:
Ending balance-total	30,091	31,608	30,091	31,608	31,368
Individually evaluated for impairment	56	30	56	30	56
Collectively evaluated for impairment	30,035	31,578	30,035	31,578	31,312
Consumer Other Financing Receivable [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period	159	87	127	37	37
Charge-offs	(17)	(8)	(44)	(33)	(72)
Recoveries	4	1	8	6	14
Provisions	(122)	13	(67)	13	148
Balance at end of the period	24	93	24	93	127
Allowance for loan losses
Individually evaluated for impairment
Collectively evaluated for impairment	24	23	24	23	127
Loans receivable:
Ending balance-total	7,444	8,186	7,444	8,186	8,307
Individually evaluated for impairment
Collectively evaluated for impairment	7,444	8,186	7,444	8,186	8,307
Unallocated Financing Receivables [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period	1,579	26	1,454	2,047	2,047
Charge-offs		(15)
Recoveries		3
Provisions	248	9	373	28	(593)
Balance at end of the period	1,827	23	1,827	23	1,454
Allowance for loan losses
Individually evaluated for impairment
Collectively evaluated for impairment	1,827	2,075	1,827	2,075	1,454
Loans receivable:
Ending balance-total
Individually evaluated for impairment
Collectively evaluated for impairment

LOANS (Details 3)

LOANS (Details 3) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Loans Details 3
Total loans considered impaired at year end	$ 4,765	$ 6,102	$ 4,765	$ 6,102	$ 5,819
Loans considered impaired for which there is a related allowance for loan loss:
Outstanding loan balance	1,735		1,735		224
Related allowance	25		25		6
Loans considered impaired and previously written down to fair value					5,595
Average impaired loans	4,747	9,666	4,746	9,729	8,727
Amount of interest earned during period of impairment	49	25	201	51	112
Loans and Leases Receivable, Related Parties [Roll Forward]
Balance, beginning of year			6,103	7,037	7,037
New Loans			87	417
Less loan repayments			754	659
Balance, end of year	$ 5,436	$ 6,795	$ 5,436	$ 6,795	$ 6,103

LOANS (Details 4)

LOANS (Details 4) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
With no allowance recorded:
Recorded Investment					$ 5,595
With an allowance recorded:
Recorded Investment	$ 1,735		$ 1,735		224
Related allowance	25		25		6
Total:
Recorded Investment	4,765	$ 6,102	4,765	$ 6,102	5,819
Unpaid Principal Balance	7,797	8,621	7,797	8,621	7,704
Average Recorded Investment	4,747	9,666	4,746	9,729	8,727
Interest Income Recognized	49	25	201	51	112
Commercial Loan [Member]
With no allowance recorded:
Recorded Investment		1		1
Unpaid Principal Balance		1		1
Average Recorded Investment		3		6
Interest Income Recognized
With an allowance recorded:
Recorded Investment
Unpaid Principal Balance
Related allowance
Average Recorded Investment
Interest Income Recognized
Total:
Recorded Investment		1		1
Unpaid Principal Balance		1		1
Average Recorded Investment		3		6
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	390	670	390	670	593
Unpaid Principal Balance	449	687	449	687	603
Average Recorded Investment	389	837	390	794	660
Interest Income Recognized	6	1	7	1
With an allowance recorded:
Recorded Investment	44	48	44	48	46
Unpaid Principal Balance	44	48	44	48	46
Related allowance	23	3	23	3	2
Average Recorded Investment	44	48	44	48	48
Interest Income Recognized	1	1	1	1	2
Total:
Recorded Investment	434	718	434	718	639
Unpaid Principal Balance	493	735	493	735	649
Average Recorded Investment	433	837	434	842	708
Interest Income Recognized	7	1	8	1	2
Real estate Mortgage-commercial [Member]
With no allowance recorded:
Recorded Investment	2,584	5,353	2,584	5,353	4,946
Unpaid Principal Balance	5,123	7,855	5,123	7,855	6,821
Average Recorded Investment			2,583	8,851	7,777
Interest Income Recognized			105	50	98
With an allowance recorded:
Recorded Investment	1,691		1,691		178
Unpaid Principal Balance	2,124		2,124		178
Related allowance	2		2		4
Average Recorded Investment			1,673		186
Interest Income Recognized			88		12
Total:
Recorded Investment	4,275	5,353	4,275	5,353	5,124
Unpaid Principal Balance	7,247	7,855	7,247	7,855	6,999
Average Recorded Investment			4,256	8,851	7,963
Interest Income Recognized			193	50	110
Consumer Home Equity Line of Credit [Member]
With no allowance recorded:
Recorded Investment	56	30	56	30	56
Unpaid Principal Balance	57	30	57	30	56
Average Recorded Investment	56	30	56	30	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	30	56	30	56
Unpaid Principal Balance	57	30	57	30	56
Average Recorded Investment	56	30	56	30	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
Real estate Mortgage-commercial [Member]
With no allowance recorded:
Average Recorded Investment	2,575	8,796
Interest Income Recognized	20	24
With an allowance recorded:
Average Recorded Investment	1,683
Interest Income Recognized	22
Total:
Average Recorded Investment	4,258	8,796
Interest Income Recognized	$ 42	$ 24

LOANS (Details 5)

LOANS (Details 5) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Loans	$ 553,420	$ 546,709	$ 511,303
Commercial Financial and Agricultural Loans [Member]
Loans	41,893	42,704	39,480
Real Estate Construction Loans [Member]
Loans	34,526	45,746	42,253
Real estate Mortgage-residential [Member]
Loans	45,012	47,472	50,500
Real estate Mortgage-commercial [Member]
Loans	394,454	371,112	339,276
Consumer Home Equity Line of Credit [Member]
Loans	30,091	31,368	31,608
Consumer Other Financing Receivable [Member]
Loans	7,444	8,307	$ 8,186
Pass [Member]
Loans	540,085	531,980
Pass [Member] | Commercial Financial and Agricultural Loans [Member]
Loans	41,693	42,486
Pass [Member] | Real Estate Construction Loans [Member]
Loans	34,526	45,746
Pass [Member] | Real estate Mortgage-residential [Member]
Loans	43,524	45,751
Pass [Member] | Real estate Mortgage-commercial [Member]
Loans	7,444	8,301
Pass [Member] | Consumer Home Equity Line of Credit [Member]
Loans	29,664	30,929
Pass [Member] | Real estate Mortgage-commercial [Member]
Loans	383,234	358,767
Special Mention [Member]
Loans	6,743	6,799
Special Mention [Member] | Commercial Financial and Agricultural Loans [Member]
Loans	200	218
Special Mention [Member] | Real Estate Construction Loans [Member]
Loans
Special Mention [Member] | Real estate Mortgage-residential [Member]
Loans	587	622
Special Mention [Member] | Real estate Mortgage-commercial [Member]
Loans		6
Special Mention [Member] | Consumer Home Equity Line of Credit [Member]
Loans	172	180
Special Mention [Member] | Real estate Mortgage-commercial [Member]
Loans	5,784	5,773
Substandard [Member]
Loans	6,592	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	901	1,099
Substandard [Member] | Real estate Mortgage-commercial [Member]
Loans
Substandard [Member] | Consumer Home Equity Line of Credit [Member]
Loans	255	259
Substandard [Member] | Real estate Mortgage-commercial [Member]
Loans	5,436	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		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Loans Details 6
Accretable yield, beginning of period	$ 34	$ 92	$ 56	$ 50
Accretion	(28)	(133)	(6)	(91)
Reclassification of nonaccretable difference due to improvement in expected cash flows	44	94		94
Accretable yield, end of period	$ 50	$ 53	$ 50	$ 53

LOANS (Details 7)

LOANS (Details 7) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	$ 1,170	$ 1,275
60-89 Days Past Due	498	547
Greater than 90 Days and Accruing		53
Nonaccrual	3,030	4,049
Total Past Due	4,698	5,924
Current	548,722	540,785
Total Loans	553,420	546,709	$ 511,303
Commercial Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	5	11
60-89 Days Past Due	5
Greater than 90 Days and Accruing
Nonaccrual
Total Past Due	10	11
Current	41,883	42,693
Total Loans	41,893	42,704	39,480
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	34,526	45,746
Total Loans	34,526	45,746	42,253
Real estate Mortgage-residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due		194
60-89 Days Past Due	35	145
Greater than 90 Days and Accruing		32
Nonaccrual	390	593
Total Past Due	425	964
Current	44,587	46,508
Total Loans	45,012	47,472	50,500
Real estate Mortgage-commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	864	995
60-89 Days Past Due	343	337
Greater than 90 Days and Accruing
Nonaccrual	2,584	3,400
Total Past Due	3,791	4,732
Current	390,663	366,380
Total Loans	394,454	371,112	339,276
Consumer Home Equity Line of Credit [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	89	59
60-89 Days Past Due	9	64
Greater than 90 Days and Accruing		16
Nonaccrual	56	56
Total Past Due	154	195
Current	29,937	31,173
Total Loans	30,091	31,368	31,608
Consumer Other Financing Receivable [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	212	16
60-89 Days Past Due	106	1
Greater than 90 Days and Accruing		5
Nonaccrual
Total Past Due	318	22
Current	7,126	8,285
Total Loans	$ 7,444	$ 8,307	$ 8,186

LOANS (Details 8)

LOANS (Details 8) $ in Thousands	6 Months Ended
	Jun. 30, 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	Jun. 30, 2017	Dec. 31, 2016
Receivables [Abstract]
Non-accrual loans	$ 3,030	$ 4,049
Troubled debt restructurings	1,700	1,800
TDR in Non-Accural Status	1,200	1,200
Loans greater than ninety days delinquent and still accruing interest		$ 53

FAIR VALUE MEASUREMENT (Details

FAIR VALUE MEASUREMENT (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Financial Assets:
Held-to-maturity securities	$ 17,386	$ 17,114
Investment securities available-for-sale	239,412	253,394
Other investments, at cost	2,598	1,809
Financial liabilities:
Non-interest bearing demand	195,254	182,915
NOW and money market accounts	333,456	327,459
Savings	75,491	75,012
Time deposits	168,925	181,236
Fair Value, Inputs, Level 1 [Member]
Financial Assets:
Cash and short term investments	34,487	21,999
Held-to-maturity securities
Investment securities available-for-sale	856	801
Other investments, at cost
Loans held for sale
Net loans receivable
Accrued interest	2,801	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	532	532
Fair Value, Inputs, Level 2 [Member]
Financial Assets:
Cash and short term investments
Held-to-maturity securities	17,386	17,114
Investment securities available-for-sale	237,556	251,593
Other investments, at cost
Loans held for sale	6,590	5,707
Net loans receivable	544,110	534,674
Accrued interest
Financial liabilities:
Non-interest bearing demand	195,254	182,915
NOW and money market accounts	333,456	327,459
Savings	75,491	75,012
Time deposits	169,236	181,638
Total deposits	604,201	767,024
Federal Home Loan Bank Advances	18,187	24,518
Short term borrowings	17,319	19,527
Junior subordinated debentures	14,950	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	2,598	1,809
Loans held for sale
Net loans receivable	4,740	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	34,487	21,999
Held-to-maturity securities	17,103	17,193
Investment securities available-for-sale	239,412	253,394
Other investments, at cost	2,598	1,809
Loans held for sale	6,590	5,707
Net loans receivable	547,930	541,495
Accrued interest	2,801	2,925
Financial liabilities:
Non-interest bearing demand	195,254	182,915
NOW and money market accounts	333,456	327,459
Savings	75,491	75,012
Time deposits	168,925	181,236
Total deposits	773,126	766,622
Federal Home Loan Bank Advances	17,997	24,035
Short term borrowings	17,319	19,527
Junior subordinated debentures	14,964	14,964
Accrued interest payable	532	532
Estimate of Fair Value, Fair Value Disclosure [Member]
Financial Assets:
Cash and short term investments	34,487	21,999
Held-to-maturity securities	17,386	17,114
Investment securities available-for-sale	239,412	253,394
Other investments, at cost	2,598	1,809
Loans held for sale	6,590	5,707
Net loans receivable	548,850	540,487
Accrued interest	2,801	2,925
Financial liabilities:
Non-interest bearing demand	195,254	182,915
NOW and money market accounts	333,456	327,459
Savings	75,491	75,012
Time deposits	169,236	181,638
Total deposits	604,201	767,024
Federal Home Loan Bank Advances	18,187	24,518
Short term borrowings	17,319	19,527
Junior subordinated debentures	14,950	15,258
Accrued interest payable	$ 532	$ 532

FAIR VALUE MEASUREMENT (Detai42

FAIR VALUE MEASUREMENT (Details 2) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	$ 239,412	$ 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	239,412	253,394
US Treasury Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	1,524	1,520
Government sponsored enterprises [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	997	997
Mortgage-backed securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	130,714	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	53,021	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	52,300	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	856	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	239,412	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	1,524	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	997	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	130,714	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	53,021	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	52,300	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	856	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	856	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	796	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	796	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	237,556	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	238,632	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	1,524	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	997	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	130,714	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	53,021	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	52,300	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 (Detai43

FAIR VALUE MEASUREMENT (Details 3) - Corporate Preferred Stock [Member] - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 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		950
Maturities, sales, payoffs		(417)
Transfers in and/or out of Level 3	(1,000)
Balance at the end of the period		$ 950

FAIR VALUE MEASUREMENT (Detai44

FAIR VALUE MEASUREMENT (Details 4) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	$ 4,765	$ 5,819	$ 6,102
Total other real estate owned	838	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	4,740	5,813
Total other real estate owned	838	1,146
Total	5,578	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	4,740	5,813
Total other real estate owned	838	1,146
Total	5,578	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	432	637
Total other real estate owned	47	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	432	637
Total other real estate owned	47	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	4,252	5,120
Total other real estate owned	650	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	4,252	5,120
Total other real estate owned	650	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	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

FAIR VALUE MEASUREMENT (Detai45

FAIR VALUE MEASUREMENT (Details 5) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Fair Value Inputs, Assets, Quantitative Information [Line Items]
OREO	$ 838	$ 1,146
Total impaired loans	4,765	5,819	$ 6,102
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	$ 838	$ 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	$ 4,740	$ 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	Jun. 30, 2017	Dec. 31, 2016
Deposits Details
Non-interest bearing demand deposits	$ 195,254	$ 182,915
NOW and money market accounts	333,456	327,459
Savings	75,491	75,012
Time deposits	168,925	181,236
Total deposits	$ 773,126	$ 766,622

DEPOSITS (Details 2)

DEPOSITS (Details 2) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Interest paid on certificates of deposits
Time deposits FDIC insurance limit of $250 thousand	$ 36,600	$ 37,700

REPORTABLE SEGMENTS (Details)

REPORTABLE SEGMENTS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Dividend and Interest Income	$ 7,724	$ 7,459	$ 15,497	$ 14,596
Interest expense	675	782	1,387	1,582
Net interest income	7,049	6,677	14,110	13,014
Provision for loan losses	78	217	194	357	$ 774
Noninterest income	2,644	2,264	4,622	4,353
Noninterest expense	7,370	6,333	14,090	12,675
Net income before taxes	2,245	2,391	4,448	4,335
Income tax (provision) benefit	581	646	1,028	1,122
Net income (loss)	1,664	1,745	3,420	3,213
Total assets	915,462		915,462		914,793
Commercial And Retail Banking [Member]
Dividend and Interest Income	7,590	7,389	15,310	14,396
Interest expense	557	664	1,114	1,343
Net interest income	7,033	6,725	14,196	13,053
Provision for loan losses	78	217	194	357
Noninterest income	1,099	1,054	2,042	2,187
Noninterest expense	6,174	5,317	11,917	10,722
Net income before taxes	1,880	2,245	4,127	4,161
Income tax (provision) benefit	644	709	1,265	1,233
Net income (loss)	1,236	1,536	2,862	2,928
Total assets	902,412		902,412		904,568
Mortgage Banking [Member]
Dividend and Interest Income	119	55	178	82
Interest expense
Net interest income	119	55	178	82
Provision for loan losses
Noninterest income	1,248	913	1,918	1,578
Noninterest expense	803	623	1,412	1,155
Net income before taxes	564	345	684	505
Income tax (provision) benefit
Net income (loss)	564	345	684	505
Total assets	12,194		12,194		8,158
Investment Advisory And Non Deposit [Member]
Dividend and Interest Income
Interest expense
Net interest income
Provision for loan losses
Noninterest income	297	297	572	588
Noninterest expense	260	260	578	517
Net income before taxes	37	37	(6)	71
Income tax (provision) benefit
Net income (loss)	37	37	(6)	71
Total assets	24		24		32
Corporate [Member]
Dividend and Interest Income	679	679	1,445	1,414
Interest expense	118	118	273	239
Net interest income	561	561	1,172	1,175
Provision for loan losses
Noninterest income			90
Noninterest expense	133	133	183	281
Net income before taxes	428	428	1,079	894
Income tax (provision) benefit	(63)	(63)	(237)	(111)
Net income (loss)	491	491	1,316	1,005
Total assets	100,211		100,211		98,210
Eliminations [Member]
Dividend and Interest Income	(664)	(664)	(1,436)	(1,296)
Interest expense
Net interest income	(664)	(664)	(1,436)	(1,296)
Provision for loan losses
Noninterest income
Noninterest expense
Net income before taxes	(664)	(664)	(1,436)	(1,296)
Income tax (provision) benefit
Net income (loss)	(664)	$ (664)	(1,436)	$ (1,296)
Total assets	$ (99,379)		$ (99,379)		$ (96,175)