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PREMISES HELD FOR SALE
9 Months Ended
Sep. 30, 2015
PREMISES HELD FOR SALE [Abstract]  
PREMISES HELD FOR SALE [Text Block]
15.   PREMISES HELD FOR SALE

During the nine months ended September 30, 2015, the Bank re-classified certain real estate utilized as the corporate headquarters and primary back office operations center of the Company and the Bank to premises held for sale. The aggregate recorded balance of the premises held for sale was $8,799 at September 30, 2015, the outstanding balance upon transfer.

A Purchase and Sale Agreement has been executed for the properties, for an aggregate price of $80,000. The sale is expected to close in February 2016.