REAL ESTATE OWNED (Tables)

6 Months Ended

Jun. 30, 2016

Real Estate [Abstract]

Schedule of Real Estate Properties [Table Text Block]

Summary of Real Estate Owned (“REO”):

	2016						2015
	Residential		Commercial				Residential		Commercial
	Property		Property		Total		Property		Property		Total
	(Dollars in thousands)						(Dollars in thousands)
Balance, January 1,	$	1,773	$	41	$	1,814	$	609	$	41	$	650
Transfers into Real Estate Owned		230		815		1,045		777		195		972
Sales of Real Estate Owned		(847)		(350)		(1,197)		(429)		-		(429)
Balance, June 30,	$	1,156	$	506	$	1,662	$	957	$	236	$	1,193