CAPITAL (Tables)

12 Months Ended

Dec. 31, 2017

Banking and Thrift [Abstract]

Schedule of Capital Requirements

These ratios comply with Federal Reserve rules to align with the Basel III Capital requirements effective January 1, 2015.

		Actual		Minimum Capital Requirement			Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions
(Dollars are in thousands)	Amount		Ratio	Amount	Ratio		Amount	Ratio
December 31, 2017:
Total Capital to Risk Weighted Assets	$	68,787	15.30%	$  35,970	8.0%	$	44,962	10.0%
Tier 1 Capital to Risk Weighted Assets		63,160	14.05%	26,977	6.0%		35,970	8.0%
Tier 1 Capital to Average Assets		63,160	9.56%	26,422	4.0%		33,028	5.0%
Common Equity Tier 1 Capital
to Risk Weighted Assets		63,160	14.05%	20,233	4.5%		29,225	6.5%
December 31, 2016:
Total Capital to Risk Weighted Assets	$	67,549	16.64%	$              32,476	8.0%	$	40,595	10.0%
Tier 1 Capital to Risk Weighted Assets		62,462	15.39%	24,357	6.0%		32,476	8.0%
Tier 1 Capital to Average Assets		62,462	9.93%	25,149	4.0%		31,436	5.0%
Common Equity Tier 1 Capital
to Risk Weighted Assets		62,462	15.39%	18,268	4.5%		26,386	6.5%

Summary of Common Stock Warrants Outstanding

A summary of the activity in the common stock warrants as of December 31, 2017 and 2016 is as follows:

	2017			2016
	Number of Warrants		Exercise Price	Number of Warrants		Exercise Price
Outstanding and exercisable, beginning of year	881,978	$	1.75	882,353	$	1.75
Exercised	(636,364)		1.75	(375)		1.75
Expired	(245,614)		1.75	-		-
Outstanding and exercisable, end of year	-	$	-	881,978	$	1.75