FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Tables)

3 Months Ended

Mar. 31, 2017

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK [Abstract]

Financial Instruments Whose Contract Amount Represent Credit Risk

Financial instruments, whose contract amounts represent credit risk at the indicated periods, were as follows:

(in thousands)	March 31, 2017		December 31, 2016
Undisbursed loan commitments	$	227,127	$	207,207
Standby letters of credit		3,066		3,518
Commitments to sell loans		2,010		1,848
	$	232,203	$	212,573