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EARNINGS PER SHARE - Calculation of earnings per share (Details) - Calculation of earnings per share - USD ($)
$ / shares in Units, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Net income $ 8,457 $ 2,521 $ 4,083
Less: Preferred stock dividends declared (158) (166) (161)
Net income available to common shareholders 8,299 2,355 3,922
Less: Undistributed earnings allocated to participating securities (72) (27) (39)
Net income allocated to common stock $ 8,227 $ 2,328 $ 3,883
Weighted average common shares issued 2,730 1,785 1,710
Less: Unvested restricted stock awards $ (24) $ (21) $ (19)
Weighted average common shares outstanding used to calculate basic earnings per common share 2,706 1,764 1,691
Add: Dilutive effect of unvested restricted stock awards $ 17 $ 1
Weighted average common shares outstanding used to calculate diluted earnings per common share 2,723 1,765 1,691
Earnings per common share (basic) $ 3.04 $ 1.32 $ 2.30
Earnings per common share (diluted) $ 3.02 $ 1.32 $ 2.30