INVESTMENT SECURITIES (Tables)

6 Months Ended

Jun. 30, 2016

Investments, Debt and Equity Securities [Abstract]

Schedule of Held-to-maturity and Available-for-sale Securities Reconciliation [Table Text Block]

Investment securities are summarized as follows:

	June 30, 2016
			Gross		Gross		Estimated
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gain		Loss		Value
	(Dollars in thousands)
Held to Maturity
Debt Securities – Municipal	$	375	$	—	$	—	$	375
U.S. Treasury and government sponsored entity mortgage-backed securities		467		54		—		521
Totals	$	842	$	54	$	—	$	896
Available for Sale
Debt securities:
Corporate	$	5,678	$	10	$	(1,042)	$	4,646
U.S. Treasury and federal agencies		33		—		—		33
Equity securities		3		2		—		5
U.S. treasury and government sponsored entity mortgage-backed securities		102,049		535		(479)		102,105
Totals	$	107,763	$	547	$	(1,521)	$	106,789

	December 31, 2015
			Gross		Gross		Estimated
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gain		Loss		Value
	(Dollars in thousands)
Held to Maturity
Debt Securities - Municipal	$	577	$	—	$	—	$	577
U.S. Treasury and government sponsored entity mortgage-backed securities		507		53		—		560
Totals	$	1,084	$	53	$	—	$	1,137
Available for Sale
Debt securities:
Corporate	$	9,660	$	26	$	(842)	$	8,844
U.S. Treasury and federal agencies		10,033		7		—		10,040
Equity securities		3		39		—		42
U.S. Treasury and government sponsored entity mortgage-backed securities		94,248		223		(1,489)		92,982
Totals	$	113,944	$	295	$	(2,331)	$	111,908

Unrealized Gain (Loss) on Investments [Table Text Block]

The following table provides the gross unrealized losses and fair value, aggregated by investment category and length of time the individual securities have been in a continuous unrealized loss position at June 30, 2016 and December 31, 2015:

	June 30, 2016
	Less Than 12 Months				12 Months or Longer				Total
			Gross				Gross				Gross
	Estimated		Unrealized		Estimated		Unrealized		Estimated		Unrealized
	Fair Value		Loss		Fair Value		Loss		Fair Value		Loss
	(Dollars in thousands)
Debt securities -
Corporate	$	—	$	—	$	2,645	$	(1,042)	$	2,645	$	(1,042)
U.S. treasury and government sponsored entity mortgage- backed securities		—		—		39,304		(479)		39,304		(479)
Totals	$	—	$	—	$	41,949	$	(1,521)	$	41,949	$	(1,521)

	December 31, 2015
	Less Than 12 Months				12 Months or Longer				Total
			Gross				Gross				Gross
	Estimated		Unrealized		Estimated		Unrealized		Estimated		Unrealized
	Fair Value		Loss		Fair Value		Loss		Fair Value		Loss
	(Dollars in thousands)
Debt securities -
Corporate	$	—	$	—	$	2,843	$	(842)	$	2,843	$	(842)
U.S. Treasury and government sponsored entity mortgage- backed securities		20,704		(217)		51,821		(1,272)		72,525		(1,489)
Totals	$	20,704	$	(217)	$	54,664	$	(2,114)	$	75,368	$	(2,331)

Schedule of Contractual Maturities of Available-for-sale Debt Securities [Table Text Block]

Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.

	June 30, 2016
	Held to Maturity				Available for Sale Securities
	Amortized		Estimated		Amortized		Estimated
	Cost		Fair Value		Cost		Fair Value
	(Dollars in thousands)
Due within 1 year	$	375	$	375	$	1,990	$	2,000
Due after 1 year through 5 years		—		—		33		33
Due after 5 years through 10 years		—		—		—		—
Due after 10 years		—		—		3,688		2,646
Total	$	375	$	375	$	5,711	$	4,679