GOODWILL AND INTANGIBLE ASSETS (Details Narrative) (USD $) In Thousands, unless otherwise specified	1 Months Ended
Jun. 30, 2014	Dec. 31, 2014
Acquisition of Sharon, Connecticut branch office of Union Savings Bank
Deposits assumed from acquisition	$ 18,200
Loans acquired from acquisition	100
Goodwill realized
Core deposit intangible assigned to acquisition	490
Acquisition of Riverside Bank
Deposits assumed from acquisition		211,200
Loans acquired from acquisition		196,300
Goodwill realized		2,700
Core deposit intangible assigned to acquisition		$ 2,200

For receivables acquired in a business combination, excluding certain loans and debt securities acquired in a transfer (as defined), this element represents the fair value of the receivables acquired, by major class of receivable, such as loans, direct finance leases (as defined), and any other class of receivables.

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-Publisher FASB

-Name Accounting Standards Codification

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- Definition

Amount of currency on hand as well as demand deposits with banks or financial institutions, acquired at the acquisition date. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

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- Definition

Bank deposits belonging to an acquired bank that can be counted on as a stable source of lending funds. These deposits have the following attributes: predictable costs and low sensitivity to interest rates. This intangible asset is usually amortized over its estimated useful life.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

-Section 50

-Paragraph 2

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Amount of increase in asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized resulting from a business combination.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

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