PREMISES AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Table Text Block]

The following is a summary of premises and equipment at December 31, 2013 and 2012:

	2013		2012
	(dollars in thousands)
Land	$	3,105	$	3,105
Buildings		9,144		9,068
Furniture and equipment		3,903		3,592
Leasehold improvements		40		29
Construction in progress		86		-
		16,278		15,794
Less accumulated depreciation		5,378		4,855
Total	$	10,900	$	10,939

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

The Company has operating leases for its corporate offices and branches that expire at various times through 2027. Future minimum lease payments under the leases for years subsequent to December 31, 2013 are as follows (dollars in thousands):

2014	$	199
2015		146
2016		109
2017		109
2018		109
Years thereafter		1,693
	$	2,365