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OUTSTANDING SHARES AND EARNINGS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2018
OUTSTANDING SHARES AND EARNINGS PER SHARE [Abstract]  
Reconciliation of Basic and Diluted EPS
The following table presents a reconciliation of basic and diluted EPS for the three months ended March 31, 2018 and 2017 (dollars in thousands except per share amounts):

  
Three months ended
March 31,
 
  
2018
  
2017
 
Basic earnings per share:
      
Net income
 
$
2,733
  
$
2,513
 
         
Weighted average common shares outstanding
  
11,532,769
   
11,496,082
 
Basic EPS
 
$
0.24
  
$
0.22
 
         
Diluted earnings per share:
        
Net income
 
$
2,733
  
$
2,513
 
         
Weighted average common shares outstanding
  
11,532,769
   
11,496,082
 
Effect of dilutive shares
  
162,654
   
143,263
 
Adjusted weighted average common shares outstanding
  
11,695,423
   
11,639,345
 
Diluted EPS
 
$
0.23
  
$
0.22