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PREMISES AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2014
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment [Table Text Block]
The following is a summary of premises and equipment at December 31, 2014 and 2013:
 
 
 
2014
 
2013
 
 
 
(dollars in thousands)
 
 
 
 
 
 
 
Land
 
$
5,097
 
$
3,105
 
Buildings
 
 
13,615
 
 
9,144
 
Furniture and equipment
 
 
4,743
 
 
3,903
 
Leasehold improvements
 
 
144
 
 
40
 
Construction in progress
 
 
64
 
 
86
 
23,663
 
 
16,278
 
 
 
 
Less accumulated depreciation
 
 
6,064
 
 
5,378
 
 
 
 
 
 
 
 
 
Total
 
$
17,599
 
$
10,900
 
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, 2014 are as follows:
 
 
 
Total Lease Payments
 
 
 
(dollars in thousands)
 
 
 
 
 
2015
 
$
262
 
2016
 
 
194
 
2017
 
 
126
 
2018
 
 
117
 
2019
 
 
126
 
Years thereafter
 
 
736
 
 
 
 
 
 
 
 
$
1,561