STOCK INCENTIVE PLANS (Tables)

12 Months Ended

Dec. 31, 2017

Employee Benefits And Share Based Compensation [Abstract]

Schedule Of Restricted Stock Awards [Table Text Block]

Restricted Stock Awards

The table below presents information related to the Company’s restricted common stock at December 31, 2017 and 2016.

($ in thousands, except per share data)
	2017			2016
			Weighted			Weighted
			Average			Average
			Grant Date			Grant Date
	Shares		Fair Value	Shares		Fair Value
Unvested, beginning of period	8,000	$	12.23	16,000	$	12.23
Granted	-		-	-		-
Vested and issued	(8,000)		12.23	(8,000)		12.23
Unvested, end of period	-	$	-	8,000	$	12.23

Compensation expense during period		$	33		$	98
Unrecognized compensation expense, end of period		$	-		$	33
Intrinsic value, end of period		$	-		$	87
Weighted-average remaining vesting term (in years)			-			0.3

Schedule of fully vested common stock issued

Stock Awards

The Company issues immediately vested common stock under the Incentive Plan to certain executive officers, employees and directors. The following table presents information related to fully vested common stock issued during the years ended December 31, 2017 and 2016.

($ in thousands, except per share data)
		2017		2016
Fully vested shares granted⁽¹⁾		29,160		40,571
Weighted average grant date price per share	$	9.80	$	10.08
Compensation expense related to fully vested shares of common stock awards⁽²⁾	$	286	$	409

^[1],[2]

Schedule of Performance Units outstanding

The following table presents information related to Performance Units outstanding during the years ended December 31, 2017.

($ in thousands, except per share data)
	2017			2016
			Weighted			Weighted
			Average			Average
			Grant Date			Grant Date
	Shares		Fair Value	Shares		Fair Value
Unvested, beginning of period	45,305	$	10.33	7,508	$	13.32
Granted	15,707		9.55	41,500		10.00
Forfeited	-		-	(700)		10.00
Vested and issued	(19,319)		10.52	(3,003)		13.32
Unvested, end of period	41,693	$	9.95	45,305	$	10.33

Compensation expense during period		$	240		$	206
Unrecognized compensation expense, end of period		$	165		$	256
Intrinsic value, end of period		$	387		$	491
Weighted-average remaining vesting term (in years)			1.0			1.3

[1]	Approximately $168,000 of compensation expense related to the 2017 share awards was accrued and recognized in 2016. Approximately $330 ,000 of compensation expense related to the 2016 share awards was accrued and recognized in 201 5
[2]	The table above includes 17,335 fully vested shares of common stock which were granted in January and March 2017 with respect to service performed during 201 6 and 33,019 fully vested shares of common stock which were granted in January and March 201 6 with respect to service performed during 2015