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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, 2016
Dec. 31, 2015
Dec. 31, 2014
Net income $ 6,685 $ 8,457 $ 2,521
Less: Preferred stock dividends declared (158) (166)
Net income allocated to common stock 6,685 8,299 2,355
Less: Undistributed earnings allocated to participating securities (52) (72) (27)
Net income allocated to common stock $ 6,633 $ 8,227 $ 2,328
Weighted average common shares issued 2,755 2,730 1,785
Less: Unvested restricted stock awards $ (22) $ (24) $ (21)
Weighted average common shares outstanding used to calculate basic earnings per common share 2,733 2,706 1,764
Add: Dilutive effect of stock options $ 16 $ 17 $ 1
Weighted average common shares outstanding used to calculate diluted earnings per common share 2,749 2,723 1,765
Earnings per common share (basic) $ 2.43 $ 3.04 $ 1.32
Earnings per common share (diluted) $ 2.41 $ 3.02 $ 1.32