SHORT TERM AND LONG TERM DEBT (Tables)

12 Months Ended

Dec. 31, 2014

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:

	2014			2013
	(Dollars in thousands)
Balance at December 31	$	15,663		$	6,305
Weighted average interest rate at December 31		0.34	%		0.37	%
Maximum amount outstanding at any month-end during the year	$	15,663		$	17,300
Average daily balance outstanding during the year	$	9,957		$	13,516
Average annual interest rate paid during the year		0.35	%		0.25	%

Schedule of Long-term Debt Instruments [Table Text Block]

At December 31, 2014, the Company had $18.2 million in advances from the Federal Home Loan Bank of Atlanta and no borrowings from the Federal Reserve Bank discount window. Advances consisted of the following at December 31, 2014:

	Amount		Rate			Maturity Date
	(dollars in thousands)
Advance type:
Fixed rate hybrid	$	5,070		3.31	%	6/23/2015
Fixed rate hybrid		5,208		3.47	%	8/08/2016
Principal Reducing		1,111		0.57	%	8/15/2016
Convertible		5,433		4.63	%	6/28/2017
Principal Reducing		1,467		1.09	%	8/13/2018