First Community (FCCO) 10-Q 6 Nov 17 2017 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2017	Nov. 06, 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	Sep. 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		6,706,406
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q3

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
ASSETS
Cash and due from banks	$ 11,695	$ 11,925
Interest-bearing bank balances	14,792	9,475
Federal funds sold and securities purchased under agreements to resell	601	599
Investment securities held-to-maturity	17,057	17,193
Investment securities available-for-sale	229,060	253,394
Other investments, at cost	2,555	1,809
Loans held for sale	6,018	5,707
Loans	568,488	546,709
Less, allowance for loan losses	5,656	5,214
Net loans	562,832	541,495
Property, furniture and equipment - net	31,343	29,833
Land held for sale		1,055
Bank owned life insurance	22,855	20,905
Other real estate owned	733	1,146
Intangible assets	878	1,102
Goodwill	5,078	5,078
Other assets	8,731	14,077
Total assets	914,228	914,793
Deposits:
Non-interest bearing demand	195,348	182,915
Interest bearing	574,734	583,707
Total deposits	770,082	766,622
Securities sold under agreements to repurchase	17,469	19,527
Federal Home Loan Bank advances	17,255	24,035
Junior subordinated debt	14,964	14,964
Other liabilities	7,863	7,784
Total liabilities	827,633	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 6,706,406 at September 30, 2017 6,708,393 at December 31, 2016	6,706	6,708
Common stock warrants issued	46	46
Nonvested restricted stock	(158)	(220)
Additional paid in capital	75,960	75,991
Retained earnings (deficit)	4,088	573
Accumulated other comprehensive income (loss)	(47)	(1,237)
Total shareholders' equity	86,595	81,861
Total liabilities and shareholders' equity	$ 914,228	$ 914,793

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Sep. 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	6,706,406	6,708,393
Common stock, shares outstanding	6,706,406	6,708,393

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Interest income:
Loans, including fees	$ 6,438	$ 5,977	$ 19,003	$ 17,582
Taxable securities	989	944	2,924	2,903
Non-taxable securities	453	445	1,395	1,428
Other	41	34	94	83
Total interest income	7,921	7,400	23,416	21,996
Interest expense:
Deposits	459	465	1,341	1,358
Securities sold under agreement to repurchase	24	12	45	32
Other borrowed money	211	272	694	941
Total interest expense	694	749	2,080	2,331
Net interest income	7,227	6,651	21,336	19,665
Provision for loan losses	166	179	360	536
Net interest income after provision for loan losses	7,061	6,472	20,976	19,129
Non-interest income:
Deposit service charges	379	377	1,047	1,064
Mortgage banking income	1,032	937	2,950	2,515
Investment advisory fees and non-deposit commissions	336	283	908	871
Gain on sale of securities	124	478	350	601
Gain (loss) on sale of other assets	40	45	128	(36)
Loss on early extinguishment of debt	(165)	(459)	(446)	(459)
Other	676	726	2,108	2,184
Total non-interest income	2,422	2,387	7,045	6,740
Non-interest expense:
Salaries and employee benefits	4,122	3,888	12,469	11,472
Occupancy	532	531	1,598	1,601
Equipment	396	442	1,348	1,308
Marketing and public relations	96	240	615	529
FDIC Assessment	78	60	234	336
Other real estate expense	19	115	75	187
Amortization of intangibles	74	80	223	243
Merger expenses	228		326
Other	1,349	1,227	4,096	3,582
Total non-interest expense	6,894	6,583	20,984	19,258
Net income before tax	2,589	2,276	7,037	6,611
Income taxes	696	599	1,724	1,721
Net income	$ 1,893	$ 1,677	$ 5,313	$ 4,890
Basic earnings per common share (in dollars per share)	$ 0.28	$ 0.26	$ 0.8	$ 0.74
Diluted earnings per common share (in dollars per share)	$ 0.28	$ 0.25	$ 0.78	$ 0.72

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Consolidated Statements Of Comprehensive Income
Net income	$ 1,893	$ 1,677	$ 5,313	$ 4,890
Other comprehensive income (loss):
Unrealized gain during the period on available-for-sale securities, net of taxes of $732 and $1,085, respectively, for 9 Months ended September 30, 2017 and 2016 respectively and $94 and $509, respectively for 3 Months ended September 30, 2017 and 2016 respectively	181	(989)	1,421	2,106
Less: Reclassification adjustment for gain included in net income, net of taxes of $119 and $204, respectively for 9 Months ended September 30, 2017 and 2016 respectively; $42 and $163 for 3 Months ended September 30, 2017 and 2016 respectively	(82)	(315)	(231)	(397)
Other comprehensive income (loss)	99	(1,304)	1,190	1,709
Comprehensive income	$ 1,992	$ 373	$ 6,503	$ 6,599

CONSOLIDATED STATEMENTS OF COM6

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Consolidated Statements Of Comprehensive Income
Unrealized gain (loss) during the period on available-for-sale securities, taxes	$ 94	$ 509	$ 732	$ 1,085
Reclassification adjustment for (gain) loss included in net income, taxes	$ 42	$ 163	$ 119	$ 204

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Warrant [Member]	Additional Paid-In Capital [Member]	Restricted Stock [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
Beginning Balance at Dec. 31, 2015	$ 6,690	$ 46	$ 75,761	$ (297)	$ (3,992)	$ 830	$ 79,038
Beginning Balance, in shares at Dec. 31, 2015	6,690,000
Net income					4,890		4,890
Other comprehensive income net of tax						1,709	1,709
Issuance of restricted stock	$ 22		275	(297)
Issuance of restricted stock, in shares	22,000
Restricted stock shares surrendered	$ (26)		(327)				(353)
Restricted stock shares surrendered, in shares	(26,000)
Issuance of common stock	$ 1		13				14
Issuance of common stock, in shares	1,000
Amortization of compensation on restricted stock				281			281
Shares forfeited
Dividends: Common					(1,586)		(1,586)
Dividend reinvestment plan	$ 16		199				215
Dividend reinvestment plan, in shares	16,000
Ending Balance at Sep. 30, 2016	$ 6,703	46	75,921	(313)	(688)	2,539	84,208
Ending Balance, in shares at Sep. 30, 2016	6,703,000
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	6,708,000
Net income					5,313		5,313
Other comprehensive income net of tax						1,190	1,190
Issuance of restricted stock	$ 5		100	(105)
Issuance of restricted stock, in shares	5,000
Restricted stock shares surrendered	$ (19)		(369)				(388)
Restricted stock shares surrendered, in shares	(19,000)
Amortization of compensation on restricted stock				158			158
Shares forfeited	$ (2)		(27)	9			(20)
Shares forfeited, in shares	(2,000)
Dividends: Common					(1,798)		(1,798)
Dividend reinvestment plan	$ 14		265				279
Dividend reinvestment plan, in shares	14,000
Ending Balance at Sep. 30, 2017	$ 6,706	$ 46	$ 75,960	$ (158)	$ 4,088	$ (47)	$ 86,595
Ending Balance, in shares at Sep. 30, 2017	6,706,000

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Cash flows from operating activities:
Net income	$ 1,893	$ 1,677	$ 5,313	$ 4,890
Adjustments to reconcile net income to net cash provided in operating activities:
Depreciation			1,075	994
Premium amortization			2,449	3,044
Provision for loan losses	166	179	360	536	$ 774
Write-down of other real estate owned			17	76
(Gain) loss on sale of other real estate owned			(128)	36
Origination of loans held-for-sale			(80,340)	(71,169)
Sale of loans held-for-sale			80,029	69,880
Amortization of intangibles	74	80	223	243
Accretion on acquired loans			(138)	(804)
Writedown of land held for sale			90	25
Gain on sale of securities	(124)	(478)	(350)	(601)
Loss on extinguishment of debt	165	459	446	459
Decrease in other assets			4,042	343
Decrease in other liabilities			78	144
Net cash provided in operating activities			13,166	8,096
Cash flows from investing activities:
Purchase of investment securities available-for-sale			(15,350)	(64,059)
Maturity/call of investment securities available-for-sale			25,761	26,553
Proceeds from sale of securities available-for-sale	2,300	19,100	12,867	33,215
Proceeds from sale of other securities			357	486
Increase in loans			(21,787)	(34,052)
Proceeds from sale of other real estate owned			530	1,597
Purchase of property and equipment			(2,675)	(1,016)
Net cash used in investing activities			(297)	(37,275)
Cash flows from financing activities:
Increase in deposit accounts			3,473	49,711
Increase (decrease) in securities sold under agreements to repurchase			(2,058)	1,199
Advances from the Federal Home Loan Bank			26,000	70,593
Repayment of advances from the Federal Home Loan Bank			(33,268)	(74,860)
Issuance of common stock				14
Shares forfeited			(20)
Shares retired			(388)	(353)
Dividends paid: Common Stock			(1,798)	(1,586)
Dividend reinvestment plan			279	215
Net cash provided from financing activities			(7,780)	44,933
Net increase (decrease) in cash and cash equivalents			5,089	15,754
Cash and cash equivalents at beginning of year			21,999	22,941	22,941
Cash and cash equivalents at end of year	$ 27,088	$ 38,695	27,088	38,695	$ 21,999
Cash paid during the period for:
Interest			2,162	2,395
Taxes			1,095	1,345
Non-cash investing and financing activities:
Unrealized (loss) gain on securities available-for-sale			1,190	1,709
Transfer of loans to foreclosed property			$ 26	$ 450

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Sep. 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 September 30, 2017 and December 31, 2016, and the Company’s results of operations and cash flows for the three and nine months ended September 30, 2017 and 2016. The results of operations for the three and nine months ended September 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	9 Months Ended
	Sep. 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) Nine months Three months Ended September 30, Ended September 30, 2017 2016 2017 2016 Numerator (Net income) $ 5,313 $ 4,890 $ 1,893 $ 1,677 Denominator Weighted average common shares outstanding for: Basic earnings per share 6,666 6,583 6,666 6,584 Dilutive securities: Deferred compensation 54 39 54 38 Warrants/Restricted stock – Treasury stock method 88 152 88 147 Diluted earnings per share 6,808 6,774 6,808 6,769 The average market price used in calculating assumed number of shares $ 20.59 $ 14.29 $ 20.66 $ 14.00 There were no options outstanding as of September 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 September 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 September 30, 2017 for non-vested shares amounts to $158 thousand. In February 2017, the Company issued 353 restricted 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 September 30, 2017 and December 31, 2016, there were 108,577 and 101,888 units in the plan, respectively. The accrued liability at September 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	9 Months Ended
	Sep. 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 September 30, 2017 US Treasury securities $ 1,531 $ — $ 10 $ 1,521 Government sponsored enterprises 959 37 — 996 Mortgage-backed securities 124,437 459 1,148 123,748 Small Business Administration pools 50,653 189 477 50,365 State and local government 50,738 1,419 583 51,574 Corporate and other securities 932 — 76 856 $ 229,250 $ 2,104 $ 2,294 $ 229,060 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 — 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 September 30, 2017 State and local government $ 17,057 $ 289 $ 2 $ 17,344 $ 17,057 $ 289 $ 2 $ 17,344 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 nine months ended September 30, 2017 and 2016, the Company received proceeds of $12.9 million and $33.2 million, respectively, from the sale of investment securities available-for-sale. For the nine months ended September 30, 2017, gross realized gains totaled $371 thousand and gross realized losses totaled $21 thousand. For the nine months ended September 30, 2016, gross realized gains totaled $601 thousand and there were no gross realized losses. During the three months ended September 30, 2017, the Company received proceeds of $2.3 million from the sale of investment securities available-for-sale, gross realized gains totaled $125 thousand and there were no gross realized losses. During the three months ended September 30, 2016, the Company received proceeds of $19.1 million from the sale of investment securities available-for-sale, gross realized gains totaled $478 thousand and there were no gross realized losses. At September 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 $60.0 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 September 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 September 30, 2017 and December 31, 2016. (Dollars in thousands) Less than 12 months 12 months or more Total September 30, 2017 Unrealized Unrealized Unrealized Available-for-sale securities: Fair Value Loss Fair Value Loss Fair Value Loss US Treasury securities $ 1,521 $ 10 $ — $ — $ 1,521 $ 10 Government Sponsored Enterprise mortgage-backed securities 28,950 219 37,271 929 66,221 1,148 Small Business Administration pools 14,931 100 23,307 377 38,238 477 State and local government 884 10 12,341 573 13,225 583 Corporate and other securities — — 796 76 796 76 $ 46,286 $ 339 $ 73,715 $ 1,955 $ 120,001 $ 2,294 (Dollars in thousands) Less than 12 months 12 months or more Total September 30, 2017 Unrealized Unrealized Unrealized Held-to-maturity securities: Fair Value Loss Fair Value Loss Fair Value Loss State and local government $ 680 $ 2 $ — $ — $ 680 $ 2 (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 September 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. September 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 $ 9,254 $ 9,308 $ — $ — Due after one year through five years 119,813 120,124 7,939 8,051 Due after five years through ten years 92,654 92,222 9,118 9,293 Due after ten years 7,529 7,406 — — $ 229,250 $ 229,060 $ 17,057 $ 17,344

LOANS

LOANS	9 Months Ended
	Sep. 30, 2017
Receivables [Abstract]
LOANS	Note 4—Loans Loans summarized by category as of September 30, 2017, December 31, 2016 and September 30, 2016 are as follows: September 30, December 31, September 30, (Dollars in thousands) 2017 2016 2016 Commercial, financial, agricultural $ 44,917 $ 42,704 $ 38,790 Real estate: Construction 42,693 45,746 41,228 Mortgage-residential 44,567 47,472 49,330 Mortgage-commercial 398,777 371,112 354,095 Consumer: Home equity 29,984 31,368 31,743 Other 7,550 8,307 8,255 Total $ 568,488 $ 546,709 $ 523,441 The detailed activity in the allowance for loan losses and the recorded investment in loans receivable as of and for the nine months ended September 30, 2017 and September 30, 2016 and for the year ended December 31, 2016 is as follows: (Dollars in thousands) Real estate Real estate Consumer Real estate Mortgage Mortgage Home Consumer Commercial construction Residential Commercial Equity Other Unallocated Total Allowance for loan losses: Beginning balance December 31, 2016 $ 145 $ 104 $ 438 $ 2,793 $ 153 $ 127 $ 1,454 $ 5,214 Charge-offs (5 ) — — (30 ) — (85 ) — (120 ) Recoveries 3 — 4 158 24 13 — 202 Provisions 41 (10 ) (115 ) (5 ) 81 (38 ) 406 360 Ending balance September 30, 2017 $ 184 $ 94 $ 327 $ 2,916 $ 258 $ 17 $ 1,860 $ 5,656 Ending balances: Individually evaluated for impairment $ — $ — $ 2 $ 29 $ — $ — $ — $ 31 Collectively evaluated for impairment 184 94 325 2,887 258 17 1,860 5,625 September 30, 2017 Loans receivable: Ending balance-total $ 44,917 $ 42,693 $ 44,567 $ 398,777 $ 29,984 $ 7,550 $ — $ 568,488 Ending balances: Individually evaluated for impairment — — 422 4,173 34 — — 4,629 Collectively evaluated for impairment $ 44,917 $ 42,693 $ 44,145 $ 394,604 $ 29,950 $ 7,550 $ — $ 563,859 (Dollars in thousands) Real estate Real estate Consumer Real estate Mortgage Mortgage Home Consumer Commercial Construction Residential Commercial equity Other Unallocated Total Allowance for loan losses: Beginning balance December 31, 2015 $ 75 $ 51 $ 223 $ 2,036 $ 127 $ 37 $ 2,047 $ 4,596 Charge-offs — — (2 ) (94 ) (8 ) (52 ) — (156 ) Recoveries 4 — 39 16 2 10 — 71 Provisions 51 43 252 778 2 28 (618 ) 536 Ending balance September 30, 2016 $ 130 $ 94 $ 512 $ 2,736 $ 123 $ 23 $ 1,429 $ 5,047 Ending balances: Individually evaluated for impairment $ — $ — $ 2 $ — $ — $ — $ — $ 2 Collectively evaluated for impairment 130 94 510 2,736 123 23 1,429 5,045 September 30, 2016 Ending balance-total $ 38,790 $ 41,228 $ 49,330 $ 354,095 $ 31,743 $ 8,255 $ — $ 523,441 Ending balances: Individually evaluated for impairment — — 421 5,243 56 — — 5,720 Collectively evaluated for impairment $ 38,790 $ 41,228 $ 48,909 $ 348,852 $ 31,687 $ 8,255 $ — $ 517,721 (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 December 31, 2015 $ 75 $ 51 $ 223 $ 2,036 $ 127 $ 37 $ 2,047 $ 4,596 Charge-offs — — (11 ) (136 ) (20 ) (72 ) — (239 ) Recoveries 5 — 40 21 3 14 — 83 Provisions 65 53 186 872 43 148 (593 ) 774 Ending balance December 31, 2016 $ 145 $ 104 $ 438 $ 2,793 $ 153 $ 127 $ 1,454 $ 5,214 Ending balances: Individually evaluated for impairment $ — $ — $ 2 $ 4 $ — $ — $ — $ 6 Collectively evaluated for impairment 145 104 436 2,789 153 127 1,454 5,208 December 31, 2016 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 September 30, 2017 and the three months ended September 30, 2016 is as follows: (Dollars in thousands) Real estate Real estate Consumer Real estate Mortgage Mortgage Home Consumer 2017 Commercial Construction Residential Commercial Equity Other Unallocated Total Allowance for loan losses: Beginning balance June 30, 2017 $ 169 $ 76 $ 353 $ 2,845 $ 196 $ 24 $ 1,827 $ 5,490 Charge-offs (5 ) — — (6 ) — (41 ) — (52 ) Recoveries — — 2 45 — 5 — 52 Provisions 20 18 (28 ) 32 62 29 33 166 Ending balance September 30, 2017 $ 184 $ 94 $ 327 $ 2,916 $ 258 $ 17 $ 1,860 $ 5,656 (Dollars in thousands) Real estate Real estate Consumer Real estate Mortgage Mortgage Home Consumer 2016 Commercial Construction Residential Commercial Equity Other Unallocated Total Allowance for loan losses: Beginning balance June 30, 2016 $ 71 $ 59 $ 207 $ 2,349 $ 93 $ 23 $ 2,075 $ 4,877 Charge-offs — — (1 ) (36 ) — (19 ) — (56 ) Recoveries 1 — 34 8 — 4 — 47 Provisions 58 35 272 415 30 15 (646 ) 179 Ending balance September 30, 2016 $ 130 $ 94 $ 512 $ 2,736 $ 123 $ 23 $ 1,429 $ 5,047 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 nine months ended September 30, 2017 and 2016: (Dollars in thousands) 2017 2016 Beginning Balance December 31, $ 6,103 $ 7,037 New Loans 339 431 Less loan repayments 925 1,093 Ending Balance September 30, $ 5,517 $ 6,375 The following table presents at September 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) September 30, December 31, 2017 2016 Total loans considered impaired $ 4,629 $ 5,819 Loans considered impaired for which there is a related allowance for loan loss: 1,715 224 Related allowance 31 6 Loans considered impaired and previously written down to fair value 2,914 5,595 Average impaired loans 4,675 8,727 The following tables are by loan category and present at September 30, 2017, December 31, 2016 and September, 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) Nine months ended Three months ended September 30, 2017 Unpaid Average Interest Average Interest 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 379 443 — 384 11 378 11 Mortgage-commercial 2,501 5,051 — 2,536 117 2,488 118 Consumer: Home equity 34 34 — 34 — 56 — Other — — — — — — — With an allowance recorded: Commercial, financial, agricultural — — — — — — — Real estate: Construction — — — — — — — Mortgage-residential 43 43 2 43 2 43 1 Mortgage-commercial 1,672 2,293 29 1,678 111 1,671 31 Consumer: Home equity — — — — — — — Other — — — — — — — Total: Commercial, financial, agricultural $ — $ — $ — $ — $ — $ — $ — Real estate: Construction — — — — — — — Mortgage-residential 422 486 2 427 13 421 12 Mortgage-commercial 4,173 7,344 29 4,214 228 4,159 149 Consumer: Home equity 34 34 — 34 — 56 — Other — — — — — — — $ 4,629 $ 7,864 $ 31 $ 4,675 $ 241 $ 4,636 $ 161 (Dollars in thousands) Nine months ended Three months ended Unpaid Average Interest Average Interest September 30, 2016 Recorded Principal Related Recorded Income Recorded Income Investment Balance Allowance Investment Recognized Investment Recognized With no allowance recorded: Commercial $ — $ — $ — $ — $ — $ — $ — Real estate: Construction — — — — — — — Mortgage-residential 374 374 — 419 — 411 — Mortgage-commercial 5,243 7,821 — 8,683 88 8,609 31 Consumer: Home Equity 56 56 — 57 — 57 — Other — — — — — — — With an allowance recorded: Commercial — — — — — — — Real estate: Construction — — — — — — — Mortgage-residential 47 47 2 48 2 47 1 Mortgage-commercial — — — — — — — Consumer: Home Equity — — — — — — — Other — — — — — — — Total: Commercial $ — $ — $ — $ — $ — $ — $ — Real estate: Construction — — — — — — — Mortgage-residential 421 421 2 467 2 458 1 Mortgage-commercial 5,243 7,821 — 8,683 88 8,609 31 Consumer: Home Equity 56 56 — 57 — 57 — Other — — — — — — — $ 5,720 $ 8,298 $ 2 $ 9,207 $ 90 $ 9,124 $ 32 (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 September 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 September 30, 2017 and December 31, 2016, no loans were classified as doubtful. (Dollars in thousands) Special September 30, 2017 Pass Mention Substandard Doubtful Total Commercial, financial & agricultural $ 44,735 $ 182 $ — $ — $ 44,917 Real estate: — Construction 42,693 — — — 42,693 Mortgage – residential 43,061 653 853 — 44,567 Mortgage – commercial 385,796 7,595 5,386 — 398,777 Consumer: — Home Equity 28,550 1,191 243 — 29,984 Other 7,550 — — 7,550 Total $ 552,385 $ 9,621 $ 6,482 $ — $ 568,488 (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 September 30, 2017 and December 31, 2016, non-accrual loans totaled $2.9 million and $4.1 million, respectively. TDRs that are still accruing and included in impaired loans at September 30, 2017 and December 31, 2016 amounted to $1.7 million and $1.8 million, respectively. TDRs in non-accrual status at September 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 $101.9 thousand and $53.0 thousand at September 30, 2017 and December 31, 2016, respectively. Acquired credit-impaired loans are accounted for under the accounting guidance for loans and debt securities acquired with deteriorated credit quality, found in FASB ASC Topic 310-30, ( Receivables—Loans and Debt Securities Acquired with Deteriorated Credit Quality), A summary of changes in the accretable yield for PCI loans for the three and nine months ended September 30, 2017 and 2016 follows (in thousands): Three Months Ended September 30, 2017 Nine Months Ended September 30, 2017 Accretable yield, beginning of period $ 50 $ 34 Accretion (29 ) (57 ) Reclassification of nonaccretable difference due to improvement in expected cash flows — 44 Accretable yield, end of period $ 21 $ 21 Three Months Nine Months Accretable yield, beginning of period $ 53 $ 92 Accretion (17 ) (150 ) Reclassification of nonaccretable difference due to improvement in expected cash flows 18 112 Accretable yield, end of period $ 54 $ 54 The following tables are by loan category and present loans past due and on non-accrual status as of September 30, 2017 and December 31, 2016: (Dollars in thousands) Greater than 30-59 Days 60-89 Days 90 Days and Total September 30, 2017 Past Due Past Due Accruing Nonaccrual Past Due Current Total Loans Commercial $ 255 $ 39 $ — $ — $ 294 $ 44,623 $ 44,917 Real estate: Construction 163 — — — 163 42,530 42,693 Mortgage-residential — — — 379 379 44,188 44,567 Mortgage-commercial 497 843 — 2,501 3,841 394,936 398,777 Consumer: Home equity 121 — — 34 155 29,829 29,984 Other 83 7 102 — 192 7,358 7,550 $ 1,119 $ 889 $ 102 $ 2,914 $ 5,024 $ 563,464 $ 568,488 (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 nine month periods ended September 30, 2017 or the three month period ended September 30, 2017. The following table, by loan category, presents one loan determined to be a TDR during the nine month period ended September 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 For the nine months ended September 30, 2016 (Dollars in thousands) Pre-Modification Post-Modification Outstanding Outstanding Number of Recorded Recorded Contracts Investment Investment Accrual Mortgage-Commercial 1 $ 413 $ 413 Total Accrual 1 $ 413 $ 413 Total TDRs 1 $ 413 $ 413 During the three and nine month periods ended September 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 considered impaired and 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	9 Months Ended
	Sep. 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. In March 2017, the FASB amended the requirements in the Receivables—Nonrefundable Fees and Other Costs Topic of the Accounting Standards Codification related to the amortization period for certain purchased callable debt securities held at a premium. The amendments shorten the amortization period for the premium to the earliest call date. The amendments will be effective for the Company for interim and annual periods beginning after December 15, 2018. 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	9 Months Ended
	Sep. 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 September 30, 2017 and December 31, 2016 are as follows: September 30, 2017 Carrying Fair Value (Dollars in thousands) amount Total Level 1 Level 2 Level 3 Financial Assets: Cash and short term investments $ 27,088 $ 27,088 $ 27,088 $ — $ — Held-to-maturity securities 17,057 17,057 — 17,057 — Available-for-sale securities 229,060 229,060 — — — Other investments, at cost 2,555 2,555 — — 2,555 Loans held for sale 6,018 6,018 — 6,018 — Net loans receivable 562,832 559,811 — 555,213 4,598 Accrued interest 2,901 2,901 2,901 — — Financial Liabilities Non-interest bearing demand deposits $ 195,348 $ 195,348 $ — $ 195,348 $ — Interest bearing demand deposits and money market accounts 332,560 332,560 — 332,560 — Savings 77,676 77,676 — 77,676 — Time deposits 164,498 164,829 — 164,829 — Total deposits 770,082 770,413 — 770,413 — Federal Home Loan Bank Advances 17,255 17,254 — 17,254 — Short term borrowings 17,469 17,469 — 17,469 — Junior subordinated debentures 14,964 15,001 — 15,001 — Accrued interest payable 514 514 514 — — December 31, 2016 Carrying Fair Value (Dollars in thousands) amount Total Level 1 Level 2 Level 3 Financial Assets: Cash and short term investments $ 21,999 $ 21,999 $ 21,999 $ — $ — Held-to-maturity securities 17,193 17,114 — 17,114 — Available-for-sale securities 253,394 253,394 801 251,593 1,000 Other investments, at cost 1,809 1,809 — — 1,809 Loans held for sale 5,707 5,707 — 5,707 — Net loans receivable 541,495 540,487 — 534,674 5,813 Accrued interest 2,925 2,925 2,925 — — Financial Liabilities Non-interest bearing demand 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 September 30, 2017 and December 31, 2016 that are measured on a recurring basis. There were no liabilities carried at fair value as of September 30, 2017 or December 31, 2016 that are measured on a recurring basis. Quoted Prices Significant Significant September 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 $ 1,521 $ — $ 1,521 $ — Government sponsored enterprises 996 — 996 — Mortgage-backed securities 123,748 — 123,748 — Small Business Administration pools 50,365 — 50,365 — State and local government 51,574 — 51,574 — Corporate and other securities 856 796 60 — $ 229,060 $ 796 $ 228,264 $ — 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 September 30, 2017 and 2016 that are measured on a recurring basis. September 30, 2017 2016 ( Dollars in thousands) Corporate Corporate Beginning Balance December 31: $ 1,000 $ 417 Total gains or losses (realized/unrealized) — — 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 September 30: $ — $ 950 The following tables summarize quantitative disclosures about the fair value for each category of assets carried at fair value as of September 30, 2017 and December 31, 2016 that are measured on a non-recurring basis. (Dollars in thousands) Description September 30, Quoted Prices Significant Significant Impaired loans: Commercial $ — $ — $ — $ — Real estate: Mortgage-residential 420 — — 420 Mortgage-commercial 4,144 — — 4,144 Consumer: Home equity 34 — — 34 Other — — — — Total impaired 4,598 — — 4,598 Other real estate owned: Construction 141 — — 141 Mortgage-residential 47 — — 47 Mortgage-commercial 545 — — 545 Total other real estate owned 733 — — 733 Total $ 5,331 $ — $ — $ 5,331 (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 $4.6 million and $5.8 million as of September 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 September 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 September 30, 2017 Valuation Technique Significant Observable Inputs Significant Unobservable Inputs OREO $ 733 Appraisal Value/Comparison Sales/Other estimates Appraisals and or sales of comparable properties Appraisals discounted 6% to 16% for sales commissions and other holding cost Impaired loans $ 4,598 Appraisal Value Appraisals and or sales of comparable properties Appraisals discounted 6% to 16% for sales commissions and other holding cost (Dollars in thousands) Fair Value as of December 31, 2016 Valuation Technique Significant Observable Inputs Significant Unobservable Inputs Corporate and Other Securities $ 1,000 Estimation based on comparable non-listed securities Comparable transactions n/a OREO $ 1,146 Appraisal Value/Comparison Sales/Other estimates Appraisals and or sales of comparable properties Appraisals discounted 6% to 16% for sales commissions and other holding cost Impaired loans $ 5,813 Appraisal Value Appraisals and or sales of comparable properties Appraisals discounted 6% to 16% for sales commissions and other holding cost

DEPOSITS

DEPOSITS	9 Months Ended
	Sep. 30, 2017
Banking and Thrift [Abstract]
DEPOSITS	Note 7 — Deposits The Company’s total deposits are comprised of the following at the dates indicated: September 30, December 31, (Dollars in thousands) 2017 2016 Non-interest bearing demand deposits $ 195,348 $ 182,915 Interest bearing demand deposits and money market accounts 332,560 327,459 Savings 77,676 75,012 Time deposits 164,498 181,236 Total deposits $ 770,082 $ 766,622 As of September 30, 2017 and December 31, 2016, the Company had time deposits greater than $250,000 of $36.2 million and $37.7 million, respectively.

REPORTABLE SEGMENTS

REPORTABLE SEGMENTS	9 Months Ended
	Sep. 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”). Nine months ended September 30, 2017 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 23,072 $ 331 $ — $ 2,191 $ (2,178 ) $ 23,416 Interest expense 1,660 — — 420 — 2,080 Net interest income $ 21,412 $ 331 $ — $ 1,771 $ (2,178 ) $ 21,336 Provision for loan losses 360 — — — — 360 Noninterest income 3,097 2,950 908 90 — 7,045 Noninterest expense 17,699 2,181 839 265 — 20,984 Net income before taxes $ 6,450 $ 1,100 $ 69 $ 1,596 $ (2,178 ) $ 7,037 Income tax provision (benefit) 2,037 — — (313 ) — 1,724 Net income $ 4,413 $ 1,100 $ 69 $ 1,909 $ (2,178 ) $ 5,313 Three months ended September 30, 2017 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 7,763 $ 153 $ — $ 747 $ (742 ) 7,921 Interest expense 547 — — 147 — 694 Net interest income $ 7,216 $ 153 $ — $ 600 $ (742 ) $ 7,227 Provision for loan losses 166 — — — — 166 Noninterest income 1,053 1,032 337 — — 2,422 Noninterest expense 5,780 769 262 83 — 6,894 Net income before taxes $ 2,323 $ 416 $ 75 $ 517 $ (742 ) $ 2,589 Income tax provision (benefit) 772 — — (76 ) — 696 Net income $ 1,551 $ 416 $ 75 $ 593 $ (742 ) $ 1,893 Nine months ended September 30, 2016 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 21,732 $ 142 $ — $ 2,072 $ (1,950 ) $ 21,996 Interest expense 1,968 — — 363 — 2,331 Net interest income $ 19,764 $ 142 $ — $ 1,709 $ (1,950 ) $ 19,665 Provision for loan losses 536 — — — — 536 Noninterest income 3,353 2,516 871 — — 6,740 Noninterest expense 16,227 1,828 766 437 — 19,258 Net income before taxes $ 6,354 $ 830 $ 105 $ 1,272 $ (1,950 ) $ 6,611 Income tax (provision) benefit (1,910 ) — — 189 — (1,721 ) Net income $ 4,444 $ 830 $ 105 $ 1,461 $ (1,950 ) $ 4,890 Three months ended September 30, 2016 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 7,336 $ 60 $ — $ 658 $ (654 ) $ 7,400 Interest expense 625 — — 124 — 749 Net interest income $ 6,711 $ 60 $ — $ 534 $ (654 ) $ 6,651 Provision for loan losses 179 — — — — 179 Noninterest income 1,166 937 284 — — 2,387 Noninterest expense 5,506 672 249 156 — 6,583 Net income before taxes $ 2,192 $ 325 $ 35 $ 378 $ (654 ) $ 2,276 Income tax (provision) benefit (677 ) — — 78 — (599 ) Net income $ 1,515 $ 325 $ 35 $ 456 $ (654 ) $ 1,677 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Total Assets as of September 30, 2017 $ 900,144 $ 14,061 $ 23 $ 101,520 $ (101,520 ) $ 914,228 Total Assets as of December 31, 2016 $ 904,568 $ 8,158 $ 32 $ 98,210 $ (96,175 ) $ 914,793

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2017
Subsequent Events [Abstract]
Subsequent Events	Note 9 – Subsequent Events Subsequent events Effective October 20, 2017, the Company completed its previously announced merger with Cornerstone Bancorp (“Cornerstone”), the holding company for Cornerstone National Bank, pursuant to that certain Agreement and Plan of Merger, dated as of April 11, 2017 (the “Merger Agreement”), by and between the Company and Cornerstone, whereby Cornerstone merged with and into the Company (the “Merger”), with the Company surviving. Under the terms of the Merger Agreement, Cornerstone shareholders have the right to receive either $11.00 in cash or 0.54 shares of the Company’s common stock, or a combination thereof, for each Cornerstone share of common stock they owned immediately prior to the Merger, subject to the limitation that 30% of the outstanding shares of Cornerstone common stock will be exchanged for cash and 70% of the outstanding shares of Cornerstone common stock will be exchanged for shares of the Company’s common stock. Immediately following the consummation of the Merger, Cornerstone National Bank merged with and into the Bank, with the Bank surviving.

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 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) Nine months Three months Ended September 30, Ended September 30, 2017 2016 2017 2016 Numerator (Net income) $ 5,313 $ 4,890 $ 1,893 $ 1,677 Denominator Weighted average common shares outstanding for: Basic earnings per share 6,666 6,583 6,666 6,584 Dilutive securities: Deferred compensation 54 39 54 38 Warrants/Restricted stock – Treasury stock method 88 152 88 147 Diluted earnings per share 6,808 6,774 6,808 6,769 The average market price used in calculating assumed number of shares $ 20.59 $ 14.29 $ 20.66 $ 14.00

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	9 Months Ended
	Sep. 30, 2017
Investments, Debt and Equity Securities [Abstract]
Schedule of amortized cost and estimated fair values of available-for-sale	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 September 30, 2017 US Treasury securities $ 1,531 $ — $ 10 $ 1,521 Government sponsored enterprises 959 37 — 996 Mortgage-backed securities 124,437 459 1,148 123,748 Small Business Administration pools 50,653 189 477 50,365 State and local government 50,738 1,419 583 51,574 Corporate and other securities 932 — 76 856 $ 229,250 $ 2,104 $ 2,294 $ 229,060 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 — 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 September 30, 2017 State and local government $ 17,057 $ 289 $ 2 $ 17,344 $ 17,057 $ 289 $ 2 $ 17,344 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 September 30, 2017 and December 31, 2016. (Dollars in thousands) Less than 12 months 12 months or more Total September 30, 2017 Unrealized Unrealized Unrealized Available-for-sale securities: Fair Value Loss Fair Value Loss Fair Value Loss US Treasury securities $ 1,521 $ 10 $ — $ — $ 1,521 $ 10 Government Sponsored Enterprise mortgage-backed securities 28,950 219 37,271 929 66,221 1,148 Small Business Administration pools 14,931 100 23,307 377 38,238 477 State and local government 884 10 12,341 573 13,225 583 Corporate and other securities — — 796 76 796 76 $ 46,286 $ 339 $ 73,715 $ 1,955 $ 120,001 $ 2,294 (Dollars in thousands) Less than 12 months 12 months or more Total September 30, 2017 Unrealized Unrealized Unrealized Held-to-maturity securities: Fair Value Loss Fair Value Loss Fair Value Loss State and local government $ 680 $ 2 $ — $ — $ 680 $ 2 (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	The following sets forth the amortized cost and fair value of investment securities at September 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. September 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 $ 9,254 $ 9,308 $ — $ — Due after one year through five years 119,813 120,124 7,939 8,051 Due after five years through ten years 92,654 92,222 9,118 9,293 Due after ten years 7,529 7,406 — — $ 229,250 $ 229,060 $ 17,057 $ 17,344

LOANS (Tables)

LOANS (Tables)	9 Months Ended
	Sep. 30, 2017
Receivables [Abstract]
Summary of loans by category	Loans summarized by category as of September 30, 2017, December 31, 2016 and September 30, 2016 are as follows: September 30, December 31, September 30, (Dollars in thousands) 2017 2016 2016 Commercial, financial, agricultural $ 44,917 $ 42,704 $ 38,790 Real estate: Construction 42,693 45,746 41,228 Mortgage-residential 44,567 47,472 49,330 Mortgage-commercial 398,777 371,112 354,095 Consumer: Home equity 29,984 31,368 31,743 Other 7,550 8,307 8,255 Total $ 568,488 $ 546,709 $ 523,441
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 nine months ended September 30, 2017 and September 30, 2016 and for the year ended December 31, 2016 is as follows: (Dollars in thousands) Real estate Real estate Consumer Real estate Mortgage Mortgage Home Consumer Commercial construction Residential Commercial Equity Other Unallocated Total Allowance for loan losses: Beginning balance December 31, 2016 $ 145 $ 104 $ 438 $ 2,793 $ 153 $ 127 $ 1,454 $ 5,214 Charge-offs (5 ) — — (30 ) — (85 ) — (120 ) Recoveries 3 — 4 158 24 13 — 202 Provisions 41 (10 ) (115 ) (5 ) 81 (38 ) 406 360 Ending balance September 30, 2017 $ 184 $ 94 $ 327 $ 2,916 $ 258 $ 17 $ 1,860 $ 5,656 Ending balances: Individually evaluated for impairment $ — $ — $ 2 $ 29 $ — $ — $ — $ 31 Collectively evaluated for impairment 184 94 325 2,887 258 17 1,860 5,625 September 30, 2017 Loans receivable: Ending balance-total $ 44,917 $ 42,693 $ 44,567 $ 398,777 $ 29,984 $ 7,550 $ — $ 568,488 Ending balances: Individually evaluated for impairment — — 422 4,173 34 — — 4,629 Collectively evaluated for impairment $ 44,917 $ 42,693 $ 44,145 $ 394,604 $ 29,950 $ 7,550 $ — $ 563,859 (Dollars in thousands) Real estate Real estate Consumer Real estate Mortgage Mortgage Home Consumer Commercial Construction Residential Commercial equity Other Unallocated Total Allowance for loan losses: Beginning balance December 31, 2015 $ 75 $ 51 $ 223 $ 2,036 $ 127 $ 37 $ 2,047 $ 4,596 Charge-offs — — (2 ) (94 ) (8 ) (52 ) — (156 ) Recoveries 4 — 39 16 2 10 — 71 Provisions 51 43 252 778 2 28 (618 ) 536 Ending balance September 30, 2016 $ 130 $ 94 $ 512 $ 2,736 $ 123 $ 23 $ 1,429 $ 5,047 Ending balances: Individually evaluated for impairment $ — $ — $ 2 $ — $ — $ — $ — $ 2 Collectively evaluated for impairment 130 94 510 2,736 123 23 1,429 5,045 September 30, 2016 Ending balance-total $ 38,790 $ 41,228 $ 49,330 $ 354,095 $ 31,743 $ 8,255 $ — $ 523,441 Ending balances: Individually evaluated for impairment — — 421 5,243 56 — — 5,720 Collectively evaluated for impairment $ 38,790 $ 41,228 $ 48,909 $ 348,852 $ 31,687 $ 8,255 $ — $ 517,721 (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 December 31, 2015 $ 75 $ 51 $ 223 $ 2,036 $ 127 $ 37 $ 2,047 $ 4,596 Charge-offs — — (11 ) (136 ) (20 ) (72 ) — (239 ) Recoveries 5 — 40 21 3 14 — 83 Provisions 65 53 186 872 43 148 (593 ) 774 Ending balance December 31, 2016 $ 145 $ 104 $ 438 $ 2,793 $ 153 $ 127 $ 1,454 $ 5,214 Ending balances: Individually evaluated for impairment $ — $ — $ 2 $ 4 $ — $ — $ — $ 6 Collectively evaluated for impairment 145 104 436 2,789 153 127 1,454 5,208 December 31, 2016 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 September 30, 2017 and the three months ended September 30, 2016 is as follows: (Dollars in thousands) Real estate Real estate Consumer Real estate Mortgage Mortgage Home Consumer 2017 Commercial Construction Residential Commercial Equity Other Unallocated Total Allowance for loan losses: Beginning balance June 30, 2017 $ 169 $ 76 $ 353 $ 2,845 $ 196 $ 24 $ 1,827 $ 5,490 Charge-offs (5 ) — — (6 ) — (41 ) — (52 ) Recoveries — — 2 45 — 5 — 52 Provisions 20 18 (28 ) 32 62 29 33 166 Ending balance September 30, 2017 $ 184 $ 94 $ 327 $ 2,916 $ 258 $ 17 $ 1,860 $ 5,656 (Dollars in thousands) Real estate Real estate Consumer Real estate Mortgage Mortgage Home Consumer 2016 Commercial Construction Residential Commercial Equity Other Unallocated Total Allowance for loan losses: Beginning balance June 30, 2016 $ 71 $ 59 $ 207 $ 2,349 $ 93 $ 23 $ 2,075 $ 4,877 Charge-offs — — (1 ) (36 ) — (19 ) — (56 ) Recoveries 1 — 34 8 — 4 — 47 Provisions 58 35 272 415 30 15 (646 ) 179 Ending balance September 30, 2016 $ 130 $ 94 $ 512 $ 2,736 $ 123 $ 23 $ 1,429 $ 5,047
Schedule of related party loan	The following table presents related party loan transactions for the nine months ended September 30, 2017 and 2016: (Dollars in thousands) 2017 2016 Beginning Balance December 31, $ 6,103 $ 7,037 New Loans 339 431 Less loan repayments 925 1,093 Ending Balance September 30, $ 5,517 $ 6,375
Schedule of loans individually evaluated and considered impaired	The following table presents at September 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) September 30, December 31, 2017 2016 Total loans considered impaired $ 4,629 $ 5,819 Loans considered impaired for which there is a related allowance for loan loss: 1,715 224 Related allowance 31 6 Loans considered impaired and previously written down to fair value 2,914 5,595 Average impaired loans 4,675 8,727
Schedule of loan category and loans individually evaluated and considered impaired	The following tables are by loan category and present at September 30, 2017, December 31, 2016 and September, 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) Nine months ended Three months ended September 30, 2017 Unpaid Average Interest Average Interest 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 379 443 — 384 11 378 11 Mortgage-commercial 2,501 5,051 — 2,536 117 2,488 118 Consumer: Home equity 34 34 — 34 — 56 — Other — — — — — — — With an allowance recorded: Commercial, financial, agricultural — — — — — — — Real estate: Construction — — — — — — — Mortgage-residential 43 43 2 43 2 43 1 Mortgage-commercial 1,672 2,293 29 1,678 111 1,671 31 Consumer: Home equity — — — — — — — Other — — — — — — — Total: Commercial, financial, agricultural $ — $ — $ — $ — $ — $ — $ — Real estate: Construction — — — — — — — Mortgage-residential 422 486 2 427 13 421 12 Mortgage-commercial 4,173 7,344 29 4,214 228 4,159 149 Consumer: Home equity 34 34 — 34 — 56 — Other — — — — — — — $ 4,629 $ 7,864 $ 31 $ 4,675 $ 241 $ 4,636 $ 161 (Dollars in thousands) Nine months ended Three months ended Unpaid Average Interest Average Interest September 30, 2016 Recorded Principal Related Recorded Income Recorded Income Investment Balance Allowance Investment Recognized Investment Recognized With no allowance recorded: Commercial $ — $ — $ — $ — $ — $ — $ — Real estate: Construction — — — — — — — Mortgage-residential 374 374 — 419 — 411 — Mortgage-commercial 5,243 7,821 — 8,683 88 8,609 31 Consumer: Home Equity 56 56 — 57 — 57 — Other — — — — — — — With an allowance recorded: Commercial — — — — — — — Real estate: Construction — — — — — — — Mortgage-residential 47 47 2 48 2 47 1 Mortgage-commercial — — — — — — — Consumer: Home Equity — — — — — — — Other — — — — — — — Total: Commercial $ — $ — $ — $ — $ — $ — $ — Real estate: Construction — — — — — — — Mortgage-residential 421 421 2 467 2 458 1 Mortgage-commercial 5,243 7,821 — 8,683 88 8,609 31 Consumer: Home Equity 56 56 — 57 — 57 — Other — — — — — — — $ 5,720 $ 8,298 $ 2 $ 9,207 $ 90 $ 9,124 $ 32 (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 September 30, 2017 and December 31, 2016, no loans were classified as doubtful. (Dollars in thousands) Special September 30, 2017 Pass Mention Substandard Doubtful Total Commercial, financial & agricultural $ 44,735 $ 182 $ — $ — $ 44,917 Real estate: — Construction 42,693 — — — 42,693 Mortgage – residential 43,061 653 853 — 44,567 Mortgage – commercial 385,796 7,595 5,386 — 398,777 Consumer: — Home Equity 28,550 1,191 243 — 29,984 Other 7,550 — — 7,550 Total $ 552,385 $ 9,621 $ 6,482 $ — $ 568,488 (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 nine months ended September 30, 2017 and 2016 follows (in thousands): Three Months Ended September 30, 2017 Nine Months Ended September 30, 2017 Accretable yield, beginning of period $ 50 $ 34 Accretion (29 ) (57 ) Reclassification of nonaccretable difference due to improvement in expected cash flows — 44 Accretable yield, end of period $ 21 $ 21 Three Months Nine Months Accretable yield, beginning of period $ 53 $ 92 Accretion (17 ) (150 ) Reclassification of nonaccretable difference due to improvement in expected cash flows 18 112 Accretable yield, end of period $ 54 $ 54
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 September 30, 2017 and December 31, 2016: (Dollars in thousands) Greater than 30-59 Days 60-89 Days 90 Days and Total September 30, 2017 Past Due Past Due Accruing Nonaccrual Past Due Current Total Loans Commercial $ 255 $ 39 $ — $ — $ 294 $ 44,623 $ 44,917 Real estate: Construction 163 — — — 163 42,530 42,693 Mortgage-residential — — — 379 379 44,188 44,567 Mortgage-commercial 497 843 — 2,501 3,841 394,936 398,777 Consumer: Home equity 121 — — 34 155 29,829 29,984 Other 83 7 102 — 192 7,358 7,550 $ 1,119 $ 889 $ 102 $ 2,914 $ 5,024 $ 563,464 $ 568,488 (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 nine month period ended September 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 For the nine months ended September 30, 2016 (Dollars in thousands) Pre-Modification Post-Modification Outstanding Outstanding Number of Recorded Recorded Contracts Investment Investment Accrual Mortgage-Commercial 1 $ 413 $ 413 Total Accrual 1 $ 413 $ 413 Total TDRs 1 $ 413 $ 413

FAIR VALUE MEASUREMENT (Tables)

FAIR VALUE MEASUREMENT (Tables)	9 Months Ended
	Sep. 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 September 30, 2017 and December 31, 2016 are as follows: September 30, 2017 Carrying Fair Value (Dollars in thousands) amount Total Level 1 Level 2 Level 3 Financial Assets: Cash and short term investments $ 27,088 $ 27,088 $ 27,088 $ — $ — Held-to-maturity securities 17,057 17,057 — 17,057 — Available-for-sale securities 229,060 229,060 — — — Other investments, at cost 2,555 2,555 — — 2,555 Loans held for sale 6,018 6,018 — 6,018 — Net loans receivable 562,832 559,811 — 555,213 4,598 Accrued interest 2,901 2,901 2,901 — — Financial Liabilities Non-interest bearing demand deposits $ 195,348 $ 195,348 $ — $ 195,348 $ — Interest bearing demand deposits and money market accounts 332,560 332,560 — 332,560 — Savings 77,676 77,676 — 77,676 — Time deposits 164,498 164,829 — 164,829 — Total deposits 770,082 770,413 — 770,413 — Federal Home Loan Bank Advances 17,255 17,254 — 17,254 — Short term borrowings 17,469 17,469 — 17,469 — Junior subordinated debentures 14,964 15,001 — 15,001 — Accrued interest payable 514 514 514 — — December 31, 2016 Carrying Fair Value (Dollars in thousands) amount Total Level 1 Level 2 Level 3 Financial Assets: Cash and short term investments $ 21,999 $ 21,999 $ 21,999 $ — $ — Held-to-maturity securities 17,193 17,114 — 17,114 — Available-for-sale securities 253,394 253,394 801 251,593 1,000 Other investments, at cost 1,809 1,809 — — 1,809 Loans held for sale 5,707 5,707 — 5,707 — Net loans receivable 541,495 540,487 — 534,674 5,813 Accrued interest 2,925 2,925 2,925 — — Financial Liabilities Non-interest bearing demand 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 September 30, 2017 and December 31, 2016 that are measured on a recurring basis. There were no liabilities carried at fair value as of September 30, 2017 or December 31, 2016 that are measured on a recurring basis. Quoted Prices Significant Significant September 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 $ 1,521 $ — $ 1,521 $ — Government sponsored enterprises 996 — 996 — Mortgage-backed securities 123,748 — 123,748 — Small Business Administration pools 50,365 — 50,365 — State and local government 51,574 — 51,574 — Corporate and other securities 856 796 60 — $ 229,060 $ 796 $ 228,264 $ — 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 September 30, 2017 and 2016 that are measured on a recurring basis. September 30, 2017 2016 ( Dollars in thousands) Corporate Corporate Beginning Balance December 31: $ 1,000 $ 417 Total gains or losses (realized/unrealized) — — 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 September 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 September 30, 2017 and December 31, 2016 that are measured on a non-recurring basis. (Dollars in thousands) Description September 30, Quoted Prices Significant Significant Impaired loans: Commercial $ — $ — $ — $ — Real estate: Mortgage-residential 420 — — 420 Mortgage-commercial 4,144 — — 4,144 Consumer: Home equity 34 — — 34 Other — — — — Total impaired 4,598 — — 4,598 Other real estate owned: Construction 141 — — 141 Mortgage-residential 47 — — 47 Mortgage-commercial 545 — — 545 Total other real estate owned 733 — — 733 Total $ 5,331 $ — $ — $ 5,331 (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 September 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 September 30, 2017 Valuation Technique Significant Observable Inputs Significant Unobservable Inputs OREO $ 733 Appraisal Value/Comparison Sales/Other estimates Appraisals and or sales of comparable properties Appraisals discounted 6% to 16% for sales commissions and other holding cost Impaired loans $ 4,598 Appraisal Value Appraisals and or sales of comparable properties Appraisals discounted 6% to 16% for sales commissions and other holding cost (Dollars in thousands) Fair Value as of December 31, 2016 Valuation Technique Significant Observable Inputs Significant Unobservable Inputs Corporate and Other Securities $ 1,000 Estimation based on comparable non-listed securities Comparable transactions n/a OREO $ 1,146 Appraisal Value/Comparison Sales/Other estimates Appraisals and or sales of comparable properties Appraisals discounted 6% to 16% for sales commissions and other holding cost Impaired loans $ 5,813 Appraisal Value Appraisals and or sales of comparable properties Appraisals discounted 6% to 16% for sales commissions and other holding cost

DEPOSITS (Tables)

DEPOSITS (Tables)	9 Months Ended
	Sep. 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: September 30, December 31, (Dollars in thousands) 2017 2016 Non-interest bearing demand deposits $ 195,348 $ 182,915 Interest bearing demand deposits and money market accounts 332,560 327,459 Savings 77,676 75,012 Time deposits 164,498 181,236 Total deposits $ 770,082 $ 766,622

REPORTABLE SEGMENTS (Tables)

REPORTABLE SEGMENTS (Tables)	9 Months Ended
	Sep. 30, 2017
Segment Reporting [Abstract]
Schedule of Reportable Segment	Nine months ended September 30, 2017 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 23,072 $ 331 $ — $ 2,191 $ (2,178 ) $ 23,416 Interest expense 1,660 — — 420 — 2,080 Net interest income $ 21,412 $ 331 $ — $ 1,771 $ (2,178 ) $ 21,336 Provision for loan losses 360 — — — — 360 Noninterest income 3,097 2,950 908 90 — 7,045 Noninterest expense 17,699 2,181 839 265 — 20,984 Net income before taxes $ 6,450 $ 1,100 $ 69 $ 1,596 $ (2,178 ) $ 7,037 Income tax provision (benefit) 2,037 — — (313 ) — 1,724 Net income $ 4,413 $ 1,100 $ 69 $ 1,909 $ (2,178 ) $ 5,313 Three months ended September 30, 2017 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 7,763 $ 153 $ — $ 747 $ (742 ) 7,921 Interest expense 547 — — 147 — 694 Net interest income $ 7,216 $ 153 $ — $ 600 $ (742 ) $ 7,227 Provision for loan losses 166 — — — — 166 Noninterest income 1,053 1,032 337 — — 2,422 Noninterest expense 5,780 769 262 83 — 6,894 Net income before taxes $ 2,323 $ 416 $ 75 $ 517 $ (742 ) $ 2,589 Income tax provision (benefit) 772 — — (76 ) — 696 Net income $ 1,551 $ 416 $ 75 $ 593 $ (742 ) $ 1,893 Nine months ended September 30, 2016 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 21,732 $ 142 $ — $ 2,072 $ (1,950 ) $ 21,996 Interest expense 1,968 — — 363 — 2,331 Net interest income $ 19,764 $ 142 $ — $ 1,709 $ (1,950 ) $ 19,665 Provision for loan losses 536 — — — — 536 Noninterest income 3,353 2,516 871 — — 6,740 Noninterest expense 16,227 1,828 766 437 — 19,258 Net income before taxes $ 6,354 $ 830 $ 105 $ 1,272 $ (1,950 ) $ 6,611 Income tax (provision) benefit (1,910 ) — — 189 — (1,721 ) Net income $ 4,444 $ 830 $ 105 $ 1,461 $ (1,950 ) $ 4,890 Three months ended September 30, 2016 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 7,336 $ 60 $ — $ 658 $ (654 ) $ 7,400 Interest expense 625 — — 124 — 749 Net interest income $ 6,711 $ 60 $ — $ 534 $ (654 ) $ 6,651 Provision for loan losses 179 — — — — 179 Noninterest income 1,166 937 284 — — 2,387 Noninterest expense 5,506 672 249 156 — 6,583 Net income before taxes $ 2,192 $ 325 $ 35 $ 378 $ (654 ) $ 2,276 Income tax (provision) benefit (677 ) — — 78 — (599 ) Net income $ 1,515 $ 325 $ 35 $ 456 $ (654 ) $ 1,677 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Total Assets as of September 30, 2017 $ 900,144 $ 14,061 $ 23 $ 101,520 $ (101,520 ) $ 914,228 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		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Earnings Per Share [Abstract]
Numerator (Included in basic and diluted earnings per share)	$ 1,893	$ 1,677	$ 5,313	$ 4,890
Weighted average common shares outstanding for:
Basic earnings common per share (in shares)	6,666,000	6,584,000	6,666,000	6,583,000
Dilutive securities:
Deferred compensation (in shares)	54,000	38,000	54,000	39,000
Warrants - Treasury stock method (in shares)	88,000	147,000	88,000	152,000
Diluted earnings per share (in shares)	6,808,000	6,769,000	6,808,000	6,774,000
The average market price used in calculating assumed number of shares (in dollars per share)	$ 20.66	$ 14	$ 20.59	$ 14.29

EARNINGS PER SHARE (Details Nar

EARNINGS PER SHARE (Details Narrative) - USD ($) $ in Thousands	Dec. 16, 2011	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Outstanding Shares (in shares)
Unrecognized compensation cost		$ 158		$ 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	9 Months Ended	12 Months Ended
	Sep. 30, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 229,250	$ 255,387
Gross Unrealized Gains	2,104	1,633
Gross Unrealized Losses	2,294	3,626
Fair Value	229,060	253,394
US Treasury Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	1,531	1,538
Gross Unrealized Gains
Gross Unrealized Losses	10	18
Fair Value	1,521	1,520
Government sponsored enterprises [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	959	959
Gross Unrealized Gains	37	38
Gross Unrealized Losses
Fair Value	996	997
Mortgage-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	124,437	145,696
Gross Unrealized Gains	459	480
Gross Unrealized Losses	1,148	1,878
Fair Value	123,748	144,298
Small Business Administration pools [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	50,653	50,560
Gross Unrealized Gains	189	208
Gross Unrealized Losses	477	584
Fair Value	50,365	50,184
State and local government [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	50,738	54,702
Gross Unrealized Gains	1,419	907
Gross Unrealized Losses	583	1,075
Fair Value	51,574	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	9 Months Ended	12 Months Ended
	Sep. 30, 2017	Dec. 31, 2016
Schedule of Trading Securities and Other Trading Assets [Line Items]
Amortized Cost	$ 17,057	$ 17,193
Gross Unrealized Gains	289	54
Gross Unrealized Losses	2	133
Fair Value	17,344	17,114
State and local government [Member]
Schedule of Trading Securities and Other Trading Assets [Line Items]
Amortized Cost	17,057	17,193
Gross Unrealized Gains	289	54
Gross Unrealized Losses	2	133
Fair Value	$ 17,344	$ 17,114

INVESTMENT SECURITIES (Detail28

INVESTMENT SECURITIES (Details 3) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2017	Dec. 31, 2016
Available-for-sale securities
Less Than 12 Months, Fair Value	$ 46,286	$ 111,624
Less Than 12 Months, Unrealized Losses	339	2,896
12 Months Or Longer, Fair Value	73,715	40,838
12 Months Or Longer, Unrealized Losses	1,955	730
Total Fair Value	120,001	152,462
Total Unrealized Losses	2,294	3,626
Held-to-maturity debt securities
Less Than 12 Months, Fair Value	680	10,245
Less Than 12 Months, Unrealized Losses	2	133
12 Months Or Longer, Fair Value
12 Months Or Longer, Unrealized Losses
Total Fair Value	680	10,245
Total Unrealized Losses	2	133
US Treasury Securities [Member]
Available-for-sale securities
Less Than 12 Months, Fair Value	1,521	1,520
Less Than 12 Months, Unrealized Losses	10	18
12 Months Or Longer, Fair Value
12 Months Or Longer, Unrealized Losses
Total Fair Value	1,521	1,520
Total Unrealized Losses	10	18
Government sponsored enterprises [Member]
Available-for-sale securities
Less Than 12 Months, Fair Value	28,950	77,389
Less Than 12 Months, Unrealized Losses	219	1,597
12 Months Or Longer, Fair Value	37,271	16,655
12 Months Or Longer, Unrealized Losses	929	281
Total Fair Value	66,221	94,044
Total Unrealized Losses	1,148	1,878
Small Business Administration pools [Member]
Available-for-sale securities
Less Than 12 Months, Fair Value	14,931	15,213
Less Than 12 Months, Unrealized Losses	100	206
12 Months Or Longer, Fair Value	23,307	23,382
12 Months Or Longer, Unrealized Losses	377	378
Total Fair Value	38,238	38,595
Total Unrealized Losses	477	584
State and local government [Member]
Available-for-sale securities
Less Than 12 Months, Fair Value	884	17,502
Less Than 12 Months, Unrealized Losses	10	1,075
12 Months Or Longer, Fair Value	12,341
12 Months Or Longer, Unrealized Losses	573
Total Fair Value	13,225	17,502
Total Unrealized Losses	583	1,075
Held-to-maturity debt securities
Less Than 12 Months, Fair Value	680	10,245
Less Than 12 Months, Unrealized Losses	2	133
12 Months Or Longer, Fair Value
12 Months Or Longer, Unrealized Losses
Total Fair Value	680	10,245
Total Unrealized Losses	2	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 (Detail29

INVESTMENT SECURITIES (Details 4) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Available-for-sale, Amortized Cost
Due in one year or less	$ 9,254
Due after one year through five years	119,813
Due after five years through ten years	92,654
Due after ten years	7,529
Total	229,250	$ 255,387
Available-for-sale, Fair Value
Due in one year or less	9,308
Due after one year through five years	120,124
Due after five years through ten years	92,222
Due after ten years	7,406
Total	229,060	253,394
Held To Maturity Securities, Amortized Cost
Due in one year or less
Due after one year through five years	7,939
Due after five years through ten years	9,118
Due after ten years
Total	17,057	17,193
Held To Maturity Securities, Fair value
Due in one year or less
Due after one year through five years	8,051
Due after five years through ten years	9,293
Due after ten years
Total	$ 17,344	$ 17,114

INVESTMENT SECURITIES (Detail30

INVESTMENT SECURITIES (Details Narrative) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Amortized Cost	$ 229,250		$ 229,250		$ 255,387
Fair Value	229,060		229,060		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	2,300	$ 19,100	12,867	$ 33,215
Gross realized gains	125	$ 478	371	$ 601
Gross realized losses			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	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 568,488	$ 546,709	$ 523,441
Commercial Financial and Agricultural Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	44,917	42,704	38,790
Real Estate Construction Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	42,693	45,746	41,228
Real estate Mortgage-residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	44,567	47,472	49,330
Real estate Mortgage-commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	398,777	371,112	354,095
Consumer Home Equity Line of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	29,984	31,368	31,743
Consumer Other Financing Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 7,550	$ 8,307	$ 8,255

LOANS (Details 2)

LOANS (Details 2) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Activity in the allowance for loan losses
Balance at the beginning of the period	$ 5,490	$ 4,877	$ 5,214	$ 4,596	$ 4,596
Charge-offs	(52)	(56)	(120)	(156)	(239)
Recoveries	52	47	202	71	83
Provisions	166	179	360	536	774
Balance at end of the period	5,656	5,047	5,656	5,047	5,214
Allowance for loan losses
Individually evaluated for impairment	31	2	31	2	6
Collectively evaluated for impairment	5,625	5,045	5,625	5,045	5,208
Loans receivable:
Ending balance-total	568,488	523,441	568,488	523,441	546,709
Individually evaluated for impairment	4,629	5,720	4,629	5,720	5,819
Collectively evaluated for impairment	563,859	517,721	563,859	517,721	540,890
Commercial Loan [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period	169	71	145	75	75
Charge-offs	(5)		(5)
Recoveries		1	3	4	5
Provisions	20	58	41	51	65
Balance at end of the period	184	130	184	130	145
Allowance for loan losses
Individually evaluated for impairment
Collectively evaluated for impairment	184	130	184	130	145
Loans receivable:
Ending balance-total	44,917	38,790	44,917	38,790	42,704
Individually evaluated for impairment
Collectively evaluated for impairment	44,917	38,790	44,917	38,790	42,704
Real Estate Construction Loans [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period	76	59	104	51	51
Charge-offs
Recoveries
Provisions	18	35	(10)	43	53
Balance at end of the period	94	94	94	94	104
Allowance for loan losses
Individually evaluated for impairment
Collectively evaluated for impairment	94	94	94	94	104
Loans receivable:
Ending balance-total	42,693	41,228	42,693	41,228	45,746
Individually evaluated for impairment
Collectively evaluated for impairment	42,693	41,228	42,693	41,228	45,746
Real estate Mortgage-residential [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period	353	207	438	223	223
Charge-offs		(1)		(2)	(11)
Recoveries	2	34	4	39	40
Provisions	(28)	272	(115)	252	186
Balance at end of the period	327	512	327	512	438
Allowance for loan losses
Individually evaluated for impairment	2	2	2	2	2
Collectively evaluated for impairment	325	510	325	510	436
Loans receivable:
Ending balance-total	44,567	49,330	44,567	49,330	47,472
Individually evaluated for impairment	422	421	422	421	639
Collectively evaluated for impairment	44,145	48,909	44,145	48,909	46,833
Real estate Mortgage-commercial [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period	2,845	2,349	2,793	2,036	2,036
Charge-offs	(6)	(36)	(30)	(94)	(136)
Recoveries	45	8	158	16	21
Provisions	32	415	(5)	778	872
Balance at end of the period	2,916	2,736	2,916	2,736	2,793
Allowance for loan losses
Individually evaluated for impairment	29		29		4
Collectively evaluated for impairment	2,887	2,736	2,887	2,736	2,789
Loans receivable:
Ending balance-total	398,777	354,095	398,777	354,095	371,112
Individually evaluated for impairment	4,173	5,243	4,173	5,243	5,124
Collectively evaluated for impairment	394,604	348,852	394,604	348,852	365,988
Consumer Home Equity Line of Credit [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period	196	93	153	127	127
Charge-offs				(8)	(20)
Recoveries			24	2	3
Provisions	62	30	81	2	43
Balance at end of the period	258	123	258	123	153
Allowance for loan losses
Individually evaluated for impairment
Collectively evaluated for impairment	258	123	258	123	153
Loans receivable:
Ending balance-total	29,984	31,743	29,984	31,743	31,368
Individually evaluated for impairment	34	56	34	56	56
Collectively evaluated for impairment	29,950	31,687	29,950	31,687	31,312
Consumer Other Financing Receivable [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period	24	23	127	37	37
Charge-offs	(41)	(19)	(85)	(52)	(72)
Recoveries	5	4	13	10	14
Provisions	29	15	(38)	28	148
Balance at end of the period	17	23	17	23	127
Allowance for loan losses
Individually evaluated for impairment
Collectively evaluated for impairment	17	23	17	23	127
Loans receivable:
Ending balance-total	7,550	8,255	7,550	8,255	8,307
Individually evaluated for impairment
Collectively evaluated for impairment	7,550	8,255	7,550	8,255	8,307
Unallocated Financing Receivables [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period	1,827	2,075	1,454	2,047	2,047
Charge-offs
Recoveries
Provisions	33	(646)	406	(618)	(593)
Balance at end of the period	1,860	1,429	1,860	1,429	1,454
Allowance for loan losses
Individually evaluated for impairment
Collectively evaluated for impairment	1,860	1,429	1,860	1,429	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		9 Months Ended		12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Loans Details 3
Total loans considered impaired at year end	$ 4,629	$ 5,720	$ 4,629	$ 5,720	$ 5,819
Loans considered impaired for which there is a related allowance for loan loss:
Outstanding loan balance	1,715		1,715		224
Related allowance	31	2	31	2	6
Loans considered impaired and previously written down to fair value	2,914		2,914		5,595
Average impaired loans	4,636	9,124	4,675	9,207	8,727
Loans and Leases Receivable, Related Parties [Roll Forward]
Balance, beginning of year			6,103	7,037	7,037
New Loans			339	431
Less loan repayments			925	1,093
Balance, end of year	$ 5,517	$ 6,375	$ 5,517	$ 6,375	$ 6,103

LOANS (Details 4)

LOANS (Details 4) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
With no allowance recorded:
Recorded Investment	$ 2,914		$ 2,914		$ 5,595
With an allowance recorded:
Recorded Investment	1,715		1,715		224
Related allowance	31	$ 2	31	$ 2	6
Total:
Recorded Investment	4,629	5,720	4,629	5,720	5,819
Unpaid Principal Balance	7,864	8,298	7,864	8,298	7,704
Average Recorded Investment	4,636	9,124	4,675	9,207	8,727
Interest Income Recognized	161	32	241	90	112
Commercial Loan [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 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	379	374	379	374	593
Unpaid Principal Balance	443	374	443	374	603
Average Recorded Investment	378	411	384	419	660
Interest Income Recognized	11		11
With an allowance recorded:
Recorded Investment	43	47	43	47	46
Unpaid Principal Balance	43	47	43	47	46
Related allowance	2	2	2	2	2
Average Recorded Investment	43	47	43	48	48
Interest Income Recognized	1	1	2	2	2
Total:
Recorded Investment	422	421	422	421	639
Unpaid Principal Balance	486	421	486	421	649
Average Recorded Investment	421	458	427	467	708
Interest Income Recognized	12	1	13	2	2
Real estate Mortgage-commercial [Member]
With no allowance recorded:
Recorded Investment	2,501	5,243	2,501	5,243	4,946
Unpaid Principal Balance	5,051	7,821	5,051	7,821	6,821
Average Recorded Investment	2,488	8,609	2,536	8,683	7,777
Interest Income Recognized	118	31	117	88	98
With an allowance recorded:
Recorded Investment	1,672		1,672		178
Unpaid Principal Balance	2,293		2,293		178
Related allowance	29		29		4
Average Recorded Investment	1,671		1,678		186
Interest Income Recognized	31		111		12
Total:
Recorded Investment	4,173	5,243	4,173	5,243	5,124
Unpaid Principal Balance	7,344	7,821	7,344	7,821	6,999
Average Recorded Investment	4,159	8,609	4,214	8,683	7,963
Interest Income Recognized	149	31	228	88	110
Consumer Home Equity Line of Credit [Member]
With no allowance recorded:
Recorded Investment	34	56	34	56	56
Unpaid Principal Balance	34	56	34	56	56
Average Recorded Investment	56	57	34	57	56
Interest Income Recognized
With an allowance recorded:
Recorded Investment
Unpaid Principal Balance
Related allowance
Average Recorded Investment
Interest Income Recognized
Total:
Recorded Investment	34	56	34	56	56
Unpaid Principal Balance	34	56	34	56	56
Average Recorded Investment	56	57	34	57	56
Interest Income Recognized
Consumer Other Financing Receivable [Member]
With no allowance recorded:
Recorded Investment
Unpaid Principal Balance
Average Recorded Investment
Interest Income Recognized
With an allowance recorded:
Recorded Investment
Unpaid Principal Balance
Related allowance
Average Recorded Investment
Interest Income Recognized
Total:
Recorded Investment
Unpaid Principal Balance
Average Recorded Investment
Interest Income Recognized

LOANS (Details 5)

LOANS (Details 5) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016
Loans	$ 568,488	$ 546,709	$ 523,441
Commercial Financial and Agricultural Loans [Member]
Loans	44,917	42,704	38,790
Real Estate Construction Loans [Member]
Loans	42,693	45,746	41,228
Real estate Mortgage-residential [Member]
Loans	44,567	47,472	49,330
Real estate Mortgage-commercial [Member]
Loans	398,777	371,112	354,095
Consumer Home Equity Line of Credit [Member]
Loans	29,984	31,368	31,743
Consumer Other Financing Receivable [Member]
Loans	7,550	8,307	$ 8,255
Pass [Member]
Loans	552,385	531,980
Pass [Member] | Commercial Financial and Agricultural Loans [Member]
Loans	44,735	42,486
Pass [Member] | Real Estate Construction Loans [Member]
Loans	42,693	45,746
Pass [Member] | Real estate Mortgage-residential [Member]
Loans	43,061	45,751
Pass [Member] | Real estate Mortgage-commercial [Member]
Loans	7,550	8,302
Pass [Member] | Consumer Home Equity Line of Credit [Member]
Loans	28,550	30,929
Pass [Member] | Real estate Mortgage-commercial [Member]
Loans	385,796	358,767
Special Mention [Member]
Loans	9,621	6,799
Special Mention [Member] | Commercial Financial and Agricultural Loans [Member]
Loans	182	218
Special Mention [Member] | Real Estate Construction Loans [Member]
Loans
Special Mention [Member] | Real estate Mortgage-residential [Member]
Loans	653	622
Special Mention [Member] | Real estate Mortgage-commercial [Member]
Loans		6
Special Mention [Member] | Consumer Home Equity Line of Credit [Member]
Loans	1,191	180
Special Mention [Member] | Real estate Mortgage-commercial [Member]
Loans	7,595	5,773
Substandard [Member]
Loans	6,482	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	853	1,099
Substandard [Member] | Real estate Mortgage-commercial [Member]
Loans
Substandard [Member] | Consumer Home Equity Line of Credit [Member]
Loans	243	259
Substandard [Member] | Real estate Mortgage-commercial [Member]
Loans	5,386	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		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Loans Details 6
Accretable yield, beginning of period	$ 50	$ 53	$ 34	$ 92
Accretion	(29)	(17)	(57)	(150)
Reclassification of nonaccretable difference due to improvement in expected cash flows		18	44	112
Accretable yield, end of period	$ 21	$ 54	$ 21	$ 54

LOANS (Details 7)

LOANS (Details 7) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	$ 1,119	$ 1,275
60-89 Days Past Due	889	547
Greater than 90 Days and Accruing	102	53
Nonaccrual	2,914	4,049
Total Past Due	5,024	5,924
Current	563,464	540,785
Total Loans	568,488	546,709	$ 523,441
Commercial Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	255	11
60-89 Days Past Due	39
Greater than 90 Days and Accruing
Nonaccrual
Total Past Due	294	11
Current	44,623	42,693
Total Loans	44,917	42,704	38,790
Real Estate Construction Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	163
60-89 Days Past Due
Greater than 90 Days and Accruing
Nonaccrual
Total Past Due	163
Current	42,530	45,746
Total Loans	42,693	45,746	41,228
Real estate Mortgage-residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due		194
60-89 Days Past Due		145
Greater than 90 Days and Accruing		32
Nonaccrual	379	593
Total Past Due	379	964
Current	44,188	46,508
Total Loans	44,567	47,472	49,330
Real estate Mortgage-commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	497	995
60-89 Days Past Due	843	337
Greater than 90 Days and Accruing
Nonaccrual	2,501	3,400
Total Past Due	3,841	4,732
Current	394,936	366,380
Total Loans	398,777	371,112	354,095
Consumer Home Equity Line of Credit [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	121	59
60-89 Days Past Due		64
Greater than 90 Days and Accruing		16
Nonaccrual	34	56
Total Past Due	155	195
Current	29,829	31,173
Total Loans	29,984	31,368	31,743
Consumer Other Financing Receivable [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	83	16
60-89 Days Past Due	7	1
Greater than 90 Days and Accruing	102	5
Nonaccrual
Total Past Due	192	22
Current	7,358	8,285
Total Loans	$ 7,550	$ 8,307	$ 8,255

LOANS (Details 8)

LOANS (Details 8) $ in Thousands	9 Months Ended
	Sep. 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	Sep. 30, 2017	Dec. 31, 2016
Receivables [Abstract]
Non-accrual loans	$ 2,914	$ 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	$ 102	$ 53

FAIR VALUE MEASUREMENT (Details

FAIR VALUE MEASUREMENT (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Financial Assets:
Held-to-maturity securities	$ 17,344	$ 17,114
Investment securities available-for-sale	229,060	253,394
Other investments, at cost	2,555	1,809
Financial liabilities:
Non-interest bearing demand	195,348	182,915
Interest bearing demand deposits and money market accounts	332,560	327,459
Savings	77,676	75,012
Time deposits	164,498	181,236
Fair Value, Inputs, Level 1 [Member]
Financial Assets:
Cash and short term investments	27,088	21,999
Held-to-maturity securities
Investment securities available-for-sale		801
Other investments, at cost
Loans held for sale
Net loans receivable
Accrued interest	2,901	2,925
Financial liabilities:
Non-interest bearing demand
Interest bearing demand deposits and money market accounts
Savings
Time deposits
Total deposits
Federal Home Loan Bank Advances
Short term borrowings
Junior subordinated debentures
Accrued interest payable	514	532
Fair Value, Inputs, Level 2 [Member]
Financial Assets:
Cash and short term investments
Held-to-maturity securities	17,057	17,114
Investment securities available-for-sale		251,593
Other investments, at cost
Loans held for sale	6,018	5,707
Net loans receivable	555,213	534,674
Accrued interest
Financial liabilities:
Non-interest bearing demand	195,348	182,915
Interest bearing demand deposits and money market accounts	332,560	327,459
Savings	77,676	75,012
Time deposits	164,829	181,638
Total deposits	770,413	767,024
Federal Home Loan Bank Advances	17,254	24,518
Short term borrowings	17,469	19,527
Junior subordinated debentures	15,001	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
Other investments, at cost	2,555	1,809
Loans held for sale
Net loans receivable	4,598	5,813
Accrued interest
Financial liabilities:
Non-interest bearing demand
Interest bearing demand deposits 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	27,088	21,999
Held-to-maturity securities	17,057	17,193
Investment securities available-for-sale	229,060	253,394
Other investments, at cost	2,555	1,809
Loans held for sale	6,018	5,707
Net loans receivable	562,832	541,495
Accrued interest	2,901	2,925
Financial liabilities:
Non-interest bearing demand	195,348	182,915
Interest bearing demand deposits and money market accounts	332,560	327,459
Savings	77,676	75,012
Time deposits	164,498	181,236
Total deposits	770,082	766,622
Federal Home Loan Bank Advances	17,255	24,035
Short term borrowings	17,469	19,527
Junior subordinated debentures	14,964	14,964
Accrued interest payable	514	532
Estimate of Fair Value, Fair Value Disclosure [Member]
Financial Assets:
Cash and short term investments	27,088	21,999
Held-to-maturity securities	17,057	17,114
Investment securities available-for-sale	229,060	253,394
Other investments, at cost	2,555	1,809
Loans held for sale	6,018	5,707
Net loans receivable	559,811	540,487
Accrued interest	2,901	2,925
Financial liabilities:
Non-interest bearing demand	195,348	182,915
Interest bearing demand deposits and money market accounts	332,560	327,459
Savings	77,676	75,012
Time deposits	164,829	181,638
Total deposits	770,413	767,024
Federal Home Loan Bank Advances	17,254	24,518
Short term borrowings	17,469	19,527
Junior subordinated debentures	15,001	15,258
Accrued interest payable	$ 514	$ 532

FAIR VALUE MEASUREMENT (Detai41

FAIR VALUE MEASUREMENT (Details 2) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	$ 229,060	$ 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	229,060	253,394
US Treasury Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	1,521	1,520
Government sponsored enterprises [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	996	997
Mortgage-backed securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	123,748	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	50,365	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	51,574	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	229,060	253,394
Fair Value, Measurements, Recurring [Member] | US Treasury Securities [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	1,521	1,520
Fair Value, Measurements, Recurring [Member] | Government sponsored enterprises [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	996	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	123,748	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	50,365	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	51,574	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		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		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	228,264	251,593
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | US Treasury Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	1,521	1,520
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Government sponsored enterprises [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	996	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	123,748	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	50,365	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	51,574	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
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale		1,000
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Corporate and other securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale		$ 1,000

FAIR VALUE MEASUREMENT (Detai42

FAIR VALUE MEASUREMENT (Details 3) - Corporate Preferred Stock [Member] - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 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 (Detai43

FAIR VALUE MEASUREMENT (Details 4) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	$ 4,629	$ 5,819	$ 5,720
Total other real estate owned	733	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	4,598	5,813
Total other real estate owned	733	1,146
Total	5,331	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	4,598	5,813
Total other real estate owned	733	1,146
Total	5,331	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	420	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	420	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	4,144	5,120
Total other real estate owned	545	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	4,144	5,120
Total other real estate owned	545	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	34	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	$ 34	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
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

FAIR VALUE MEASUREMENT (Detai44

FAIR VALUE MEASUREMENT (Details 5) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016
Fair Value Inputs, Assets, Quantitative Information [Line Items]
OREO	$ 733	$ 1,146
Total impaired loans	4,629	5,819	$ 5,720
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
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	$ 733	$ 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	$ 4,598	$ 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%

DEPOSITS (Details)

DEPOSITS (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Deposits Details
Non-interest bearing demand deposits	$ 195,348	$ 182,915
NOW and money market accounts	332,560	327,459
Savings	77,676	75,012
Time deposits	164,498	181,236
Total deposits	$ 770,082	$ 766,622

DEPOSITS (Details 2)

DEPOSITS (Details 2) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Interest paid on certificates of deposits
Time deposits FDIC insurance limit of $250 thousand	$ 36,200	$ 37,700

REPORTABLE SEGMENTS (Details)

REPORTABLE SEGMENTS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Dividend and Interest Income	$ 7,921	$ 7,400	$ 23,416	$ 21,996
Interest expense	694	749	2,080	2,331
Net interest income	7,227	6,651	21,336	19,665
Provision for loan losses	166	179	360	536	$ 774
Noninterest income	2,422	2,387	7,045	6,740
Noninterest expense	6,894	6,583	20,984	19,258
Net income before taxes	2,589	2,276	7,037	6,611
Income tax (provision) benefit	696	599	1,724	1,721
Net income (loss)	1,893	1,677	5,313	4,890
Total assets	914,228		914,228		914,793
Commercial And Retail Banking [Member]
Dividend and Interest Income	7,763	7,336	23,072	21,732
Interest expense	547	625	1,660	1,968
Net interest income	7,216	6,711	21,412	19,764
Provision for loan losses	166	179	360	536
Noninterest income	1,053	1,166	3,097	3,353
Noninterest expense	5,780	5,506	17,699	16,227
Net income before taxes	2,323	2,192	6,450	6,354
Income tax (provision) benefit	772	(677)	2,037	(1,910)
Net income (loss)	1,551	1,515	4,413	4,444
Total assets	900,144		900,144		904,568
Mortgage Banking [Member]
Dividend and Interest Income	153	60	331	142
Interest expense
Net interest income	153	60	331	142
Provision for loan losses
Noninterest income	1,032	937	2,950	2,516
Noninterest expense	769	672	2,181	1,828
Net income before taxes	416	325	1,100	830
Income tax (provision) benefit
Net income (loss)	416	325	1,100	830
Total assets	14,061		14,061		8,158
Investment Advisory And Non Deposit [Member]
Dividend and Interest Income
Interest expense
Net interest income
Provision for loan losses
Noninterest income	337	284	908	871
Noninterest expense	262	249	839	766
Net income before taxes	75	35	69	105
Income tax (provision) benefit
Net income (loss)	75	35	69	105
Total assets	23		23		32
Corporate [Member]
Dividend and Interest Income	747	658	2,191	2,072
Interest expense	147	124	420	363
Net interest income	600	534	1,771	1,709
Provision for loan losses
Noninterest income			90
Noninterest expense	83	156	265	437
Net income before taxes	517	378	1,596	1,272
Income tax (provision) benefit	(76)	78	(313)	189
Net income (loss)	593	456	1,909	1,461
Total assets	101,520		101,520		98,210
Eliminations [Member]
Dividend and Interest Income	(742)	(654)	(2,178)	(1,950)
Interest expense
Net interest income	(742)	(654)	(2,178)	(1,950)
Provision for loan losses
Noninterest income
Noninterest expense
Net income before taxes	(742)	(654)	(2,178)	(1,950)
Income tax (provision) benefit
Net income (loss)	(742)	$ (654)	(2,178)	$ (1,950)
Total assets	$ (101,520)		$ (101,520)		$ (96,175)