EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2015

Earnings Per Share [Abstract]

Schedule of earnings per share computed based upon the weighted average common shares outstanding

	Three Months EndedMarch 31,
	2015		2014
Net income	$	1,453	$	1,066
Allocated to preferred stock		-		91
Allocated to participating securities		14		-
Net income allocated to common shareholders	$	1,439	$	975
Weighted average common shares outstanding, gross		2,513,696		1,533,333
Less:  Average participating securities		24,000		-
Weighted average common shares outstanding, net		2,489,696		1,533,333
Effect of diluted based awards		2,834		4,636
Weighted average shares and common stock equivalents		2,492,530		1,537,969
Basic	$	.58	$	.64
Diluted	$	.58	$	.63
Options excluded from the calculation due to their anti-dilutive effect on earnings per share		30,000		-