SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Tables)

3 Months Ended

Mar. 31, 2015

Collateralized Financings [Abstract]

Schedule of Repurchase Agreements [Table Text Block]

Information concerning repurchase agreements as of and for the three months ending March 31, 2014, and as of and for the year ended December 31, 2014 is summarized as follows:

	March 31, 2015			December 31, 2014
	(Dollars in Thousands)
Average daily balance	$	66,300		$	69,075
Weighted average coupon interest rate during the period		4.94	%		4.96	%
Maximum month-end balance during the period	$	66,300		$	78,300
Weighted average coupon interest rate at end of period		4.94	%		4.94	%
Weighted average maturity (months)		27			30

Schedule for Maturity of Securities Sold Under Agreements to Repurchase [Table Text Block]

The repurchase agreements as of March 31, 2015 mature as follows:

	Amount Maturing
	(Dollars in Thousands)
2015 (1)	$	10,000
2016		5,000
2017		25,000
2018		26,300
2019		-
Thereafter		-
Total	$	66,300

(1) Remaining maturities between April 1, 2015 and December 31, 2015.