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INVESTMENTS (Tables)
12 Months Ended
Dec. 31, 2014
Investments [Abstract]  
Held-to-maturity Securities [Table Text Block]

Below is a summary of the amortized cost and estimated market values of the Company’s investment securities as of December 31, 2014 and 2013. The estimated market values provided are Level 2 valuations as defined by ASC 820.
 
 
 
 
 
2014
 
2013
  
 
Amortized Cost
 
Market Value
 
Amortized Cost
 
Market
Value
  
 
(Dollars in thousands)
Municipal bonds:
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
Current
 
$
5,914
 
 
$
6,006
 
 
$
5,196
 
 
$
5,264
 
Due from one through five years
 
 
14,398
 
 
 
15,204
 
 
 
17,636
 
 
 
18,527
 
 
 
 
 
 
2014
 
2013
  
 
Amortized Cost
 
Market Value
 
Amortized Cost
 
Market
Value
  
 
(Dollars in thousands)
Due from six through ten years
 
 
9,337
 
 
 
9,711
 
 
 
7,388
 
 
 
7,777
 
Due from eleven through twenty years
 
 
805
 
 
 
762
 
 
 
 
 
 
 
Total
 
$
30,454
 
 
$
31,683
 
 
$
30,220
 
 
$
31,568
 
Unrealized Gain (Loss) on Investments [Table Text Block]
The unrealized gains and losses on investment securities at December 31, 2014 and 2013 were as follows:
 
 
 
 
 
 
 
2014
 
2013
  
 
Unrealized Gains
 
Unrealized Losses
 
Unrealized Gains
 
Unrealized Losses
  
 
(Dollars in thousands)
Municipal bonds
 
$
1,279
 
 
$
(50
) 
 
$
1,348
 
 
$