STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2014

Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The fair value of options granted in 2013 was determined using the following weighted-average assumptions as of the date of grant.

	2013
Dividend yield		3.17	%
Risk-free interest rate		2.00	%
Expected volatility		23.00	%
Weighted average expected life		8 years
Weighted average per share fair value of options	$	3.63

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

The following table summarizes stock option activity for the six months ended June 30, 2014.

			Weighted
	Number		Average		Number
	Of		Exercise		of Options
Stock Options	Options		Price		Exercisable
Outstanding options at January 1, 2014		62,550	$	16.63		39,201
Granted		0		0.00
Exercised		(1,850)		12.88		(1,850)
Forfeited		(600)		15.79		(400)
Expired		0		0.00
Outstanding options at June 30, 2014		60,100	$	16.76		36,951

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]

The following is a summary of outstanding and exercisable stock options at June 30, 2014.

		Number		Weighted Average	Number
		Of Shares		Remaining	Of Shares
Exercise Price		Outstanding		Contractual Life	Exercisable
$	26.75		1,000	1.51 years		1,000
$	12.30		13,850	5.12 years		13,850
$	13.25		10,700	6.13 years		10,700
$	17.40		9,800	7.12 years		6,534
$	19.28		14,800	8.03 years		4,867
$	21.35		9,950	9.11 years		0
Total			60,100	6.94 years		36,951

Schedule of Nonvested Share Activity [Table Text Block]

The following table summarizes information about the Corporation’s nonvested stock option activity for the six months ended June 30, 2014.

	Number		Weighted
	Of		Average
Nonvested Options	Options		Price
Nonvested options at January 1, 2014		23,349	$	19.90
Granted		0		0.00
Vested		0		0.00
Forfeited		(200)		19.28
Nonvested options at June 30, 2014		23,149	$	19.90

Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]

The following table summarizes restricted stock activity for the six months ended June 30, 2014.

			Weighted
	Nonvested		Average
	Number of		Grant Date
Restricted Stock	Shares		Fair Value
Nonvested balance at January 1, 2014		12,700	$	19.83
Granted		0		0.00
Vested		0		0.00
Forfeited/expired		0		0.00
Nonvested balance at June 30, 2014		12,700	$	19.83