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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
12 Months Ended
Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
The following table presents changes in accumulated other comprehensive income for the three and twelve months ended December 31, 2014 and 2013.
 
 
 
Year Ended
 
 
 
December 31,
 
 
 
2014
 
2013
 
 
 
(In thousands)
 
 
 
 
 
 
 
Beginning balance
 
$
(108)
 
$
1,078
 
 
 
 
 
 
 
 
 
Unrealized loss on investment securities available for sale
 
 
1,408
 
 
(1,949)
 
Tax effect
 
 
(520)
 
 
763
 
Other comprehensive loss before reclassification
 
 
888
 
 
(1,186)
 
 
 
 
 
 
 
 
 
Amounts reclassified from accumulated comprehensive income:
 
 
 
 
 
 
 
Realized loss on investment securities included in net income
 
 
46
 
 
-
 
Tax effect
 
 
(17)
 
 
-
 
Total reclassifications net of tax
 
 
29
 
 
-
 
 
 
 
 
 
 
 
 
Net current period other comprehensive income (loss)
 
 
917
 
 
(1,186)
 
 
 
 
 
 
 
 
 
Ending balance
 
$
809
 
$
(108)