FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Tables)

3 Months Ended

Mar. 31, 2018

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, 2018		December 31, 2017
Undisbursed loan commitments	$	213,079	$	220,882
Standby letters of credit		3,093		2,635
Commitments to sell loans		2,484		1,283
	$	218,656	$	224,800