STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value [Table Text Block]

A summary of the status of the Company’s stock options under the Equity Plans as of June 30, 2016 and 2015 and changes during the three months ended June 30, 2016 and 2015 are presented below:

	Six Months Ended June 30, 2016				Six Months Ended June 30, 2015
	Number of shares		Weighted average  exercise price		Number  of shares		Weighted average exercise price
Outstanding at the beginning of the period		380,407	$	11.46		674,391	$	12.15
Granted		—		—		—		—
Exercised		9,620		11.14		119,511		13.04
Forfeited		2,160		13.56		1,000		10.21
Outstanding at the end of the period		368,627	$	11.45		553,880	$	11.96
Exercisable at the end of the period		316,273	$	11.10		425,537	$	11.85
Stock options vested or expected to vest (1)		284,646	$	11.10		382,983	$	11.85

(1) Includes vested shares and non-vested shares after a forfeiture rate, which is based upon historical data, is applied.

Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding [Table Text Block]

The following table summarizes all stock options outstanding under the Equity Plans as of June 30, 2016:

	Options Outstanding
Date Issued	Number of  Shares		Weighted Average Exercise Price		Weighted Average  Remaining  Contractual Life
November 21, 2006		14,506	$	14.78		0.4 years
November 20, 2007		17,274	$	11.32		1.4 years
August 18, 2010		201,959	$	10.21		4.1 years
March 15, 2011		13,600	$	12.06		4.7 years
August 17, 2011		43,998	$	11.53		5.1 years
November 19, 2012		14,100	$	13.10		6.4 years
November 19, 2013		63,190	$	14.14		7.4 years
Total		368,627	$	11.45		4.6 years

Schedule of Nonvested Share Activity [Table Text Block]

Summary of Non-vested Stock Award Activity:

	Six Months ended  June 30, 2016				Six Months ended June 30, 2015
	Number of shares		Weighted avg grant date fair value		Number of shares		Weighted avg grant date fair value
Beginning of period		26,610	$	14.06		54,950	$	10.74
Issued		—		—		—		—
Forfeited		—		—		—		—
Vested		990	$	12.06		990	$	12.06
Outstanding at June 30, 2015		25,620	$	14.14		53,960	$	12.73