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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
 3 Months Ended
Mar. 31, 2015
Investments, All Other Investments [Abstract]  
Fair Value, by Balance Sheet Grouping [Table Text Block]
Carrying amount and estimated fair value of financial instruments, not previously presented, as of March 31, 2015 and December 31, 2014 were as follows:
 
 
 
 
 
 
 
 
 
Fair Value Hierarchy
 
 
 
Carrying
 Amount
 
 
Estimated 
Fair Value
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
 
 
(Dollars in Thousands)
 
March 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and due from financial institutions
 
$
4,000
 
 
$
4,000
 
 
$
4,000
 
 
$
-
 
 
$
-
 
Short-term interest-earning deposits
 
 
14,124
 
 
 
14,124
 
 
 
14,124
 
 
 
-
 
 
 
-
 
Securities held-to-maturity
 
 
17,517
 
 
 
17,478
 
 
 
-
 
 
 
17,478
 
 
 
-
 
Portfolio loans, net
 
 
460,977
 
 
 
499,194
 
 
 
-
 
 
 
499,194
 
 
 
-
 
Loans held-for-sale
 
 
5,348
 
 
 
5,916
 
 
 
-
 
 
 
5,916
 
 
 
-
 
Warehouse loans held-for-investment
 
 
79,295
 
 
 
79,295
 
 
 
-
 
 
 
79,295
 
 
 
-
 
Federal Home Loan Bank stock, at cost
 
 
7,013
 
 
 
7,013
 
 
 
-
 
 
 
-
 
 
 
7,013
 
Accrued interest receivable
 
 
1,840
 
 
 
1,840
 
 
 
-
 
 
 
1,840
 
 
 
-
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deposits
 
 
449,761
 
 
 
449,912
 
 
 
-
 
 
 
449,912
 
 
 
-
 
Securities sold under agreements to repurchase
 
 
66,300
 
 
 
72,189
 
 
 
-
 
 
 
72,189
 
 
 
-
 
Federal Home Loan Bank advances
 
 
150,000
 
 
 
157,163
 
 
 
-
 
 
 
157,163
 
 
 
-
 
Accrued interest payable (reported on consolidated balance sheets in accrued expenses and other liabilities)
 
 
783
 
 
 
783
 
 
 
-
 
 
 
783
 
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and due from financial institutions
 
$
2,974
 
 
$
2,974
 
 
$
2,974
 
 
$
-
 
 
$
-
 
Short-term interest-earning deposits
 
 
19,424
 
 
 
19,424
 
 
 
19,424
 
 
 
-
 
 
 
-
 
Securities held-to-maturity
 
 
17,919
 
 
 
17,886
 
 
 
-
 
 
 
17,886
 
 
 
-
 
Portfolio loans, net
 
 
446,870
 
 
 
480,839
 
 
 
-
 
 
 
480,839
 
 
 
-
 
Loans held-for-sale
 
 
7,219
 
 
 
7,848
 
 
 
-
 
 
 
7,848
 
 
 
-
 
Warehouse loans held-for-investment
 
 
33,972
 
 
 
33,972
 
 
 
-
 
 
 
33,972
 
 
 
-
 
Federal Home Loan Bank stock, at cost
 
 
6,257
 
 
 
6,257
 
 
 
-
 
 
 
-
 
 
 
6,257
 
Accrued interest receivable
 
 
1,924
 
 
 
1,924
 
 
 
-
 
 
 
1,924
 
 
 
-
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deposits
 
 
440,780
 
 
 
441,004
 
 
 
-
 
 
 
441,004
 
 
 
-
 
Securities sold under agreements to repurchase
 
 
66,300
 
 
 
72,533
 
 
 
-
 
 
 
72,533
 
 
 
-
 
Federal Home Loan Bank advances
 
 
123,667
 
 
 
131,005
 
 
 
-
 
 
 
131,005
 
 
 
-
 
Accrued interest payable (reported on consolidated balance sheets in accrued expenses and other liabilities)
 
 
806
 
 
 
806
 
 
 
-
 
 
 
806
 
 
 
-