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SHORT TERM AND LONG TERM DEBT (Tables)
12 Months Ended
Dec. 31, 2013
Debt Disclosure [Abstract]  
Schedule of Underlying Assets of Repurchase Agreements when Amount of Repurchase Agreements Exceeds 10 Percent of Assets [Table Text Block]
The following table presents certain information for securities sold under agreements to repurchase:
 
 
 
2013
 
 
2012
 
 
 
(Dollars in thousands)
 
 
 
 
 
 
 
 
 
 
Balance at December 31
 
$
6,305
 
 
$
15,848
 
Weighted average interest rate at December 31
 
 
0.37
%
 
 
0.27
%
Maximum amount outstanding at any month-end during the year
 
$
17,300
 
 
$
24,923
 
Average daily balance outstanding during the year
 
$
13,516
 
 
$
21,636
 
Average annual interest rate paid during the year
 
 
0.25
%
 
 
0.33
%