STOCK COMPENSATION PLANS (Tables)

12 Months Ended

Dec. 31, 2016

STOCK COMPENSATION PLANS

Summary of restricted stock units awards granted

Date of Award	Units Granted	Market Value at grant date	Vesting Term
August, 2012	148,500	$ 7.91	4 years
March, 2014	52,774	12.95	4 years
March, 2015	37,730	11.15	4 years
May, 2015	3,000	10.77	Immediate
February, 2016	35,733	9.91	4 years

Summary of changes in nonvested shares

		Weighted Average
	Number	Grant Date
	Outstanding	Fair Value
Nonvested balance at January 1, 2016	114,435	$	10.72
Granted during the year	35,733		9.91
Vested during the year	(59,751)		9.53
Nonvested balance at December 31, 2016	90,417	$	11.19