11. INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2014

Income Tax Disclosure [Abstract]

Schedule of provision for (benefit from) income taxes

	Federal			State		Total
2014
Current	$	1,754		$	612	$	2,366
Deferred		(99	)		25		(74	)
Provision for income taxes	$	1,655		$	637	$	2,292
2013
Current	$	797		$	217	$	1,014
Deferred		162			82		244
Provision for income taxes	$	959		$	299	$	1,258

	Federal		State		Total
2012
Current	$	379	$	27	$	406
Deferred		368		86		454
Provision for income taxes	$	747	$	113	$	860

Schedule of deferred tax assets (liabilities)

	December 31,
	2014			2013
Deferred tax assets:
Allowance for loan and lease losses	$	2,422		$	2,442
Other real estate owned		287			556
Deferred compensation		2,502			2,370
Other		165			166
Total deferred tax assets		5,376			5,534
Deferred tax liabilities:
Unrealized gains on available-for-sale investment securities		(2,247	)		(749	)
Future liability of state deferred tax assets		(215	)		(370	)
Deferred loan costs		(223	)		(233	)
Federal Home Loan Bank stock dividends		(211	)		(211	)
Premises and equipment		(45	)		(112	)
Total deferred tax liabilities		(2,941	)		(1,675	)
Net deferred tax assets	$	2,435		$	3,859

Schedule of reconciliation of effective income tax rate

	Year Ended December 31,
	2014			2013			2012
Federal income tax statutory rate		34.0	%		34.0	%		34.0	%
State franchise tax, net of Federal tax effect		6.3	%		4.6	%		1.8	%
Tax benefit of interest on obligations of states and political subdivisions		(4.0	)%		(6.5	)%		(7.2	)%
Tax-exempt income from life insurance policies		(1.9	)%		(2.9	)%		(2.2	)%
Equity compensation expense		0.1	%		0.1	%		0.2	%
Other		0.0	%		(0.1	)%		(5.5	)%
Effective tax rate		34.5	%		29.2	%		21.1	%