DERIVATIVE INSTRUMENTS (Tables)

9 Months Ended

Sep. 30, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of derivative instruments

Information about derivative instruments at September 30, 2014 is as follows:

	Notional				Fair
(Dollars in thousands)	Amount	Maturity	Received	Paid	Value
Cash flow hedge:
Interest rate swap on FHLB advance	$25,000	4.7 years	0.23%	1.62%	$111

Schedule of interest rate swap transactions

	Notional	Effective Date of	Duration of
(Dollars in thousands)	Amount	Hedged Borrowing	Borrowing	Counterparty
Type of borrowing:
FHLB 90-day advance	$25,000	April 1, 2014	4.7 years	Bank of Montreal

Schedule of changes in the consolidated statements of comprehensive income related to interest rate derivatives designated as hedges of cash flows

	Three Months Ended			Nine Months Ended
(In thousands)	September 30, 2014			September 30, 2014
Interest rate swap on FHLB advance:
Unrealized loss recognized in accumulated other comprehensive income	$	218		$	111
Income tax benefit on items recognized in accumulated other comprehensive income		(85	)		(43	)
Other comprehensive income	$	133		$	68
Interest expense recognized on hedged FHLB advance	$	88		$	176