INCOME TAXES (Tables)

6 Months Ended

Jun. 30, 2016

Income Tax Disclosure [Abstract]

Significant Components of Deferred Tax Assets and Liabilities

Significant components of the deferred tax assets and liabilities are as follows:

	June 30,		December 31,
	2016		2015
	(Dollars in thousands)
Deferred tax assets:
Loan loss reserves	$	6,010	$	6,199
Postretirement benefits		354		564
Depreciation		704		611
Other real estate owned valuation		351		430
Tax credits carryforward		1,246		951
Unrealized loss on securities available for sale		—		1,341
Unrealized loss on securities held to maturity		479		517
Interest on nonaccrual loans		908		834
Net operating loss carryforward		13,441		16,903
Purchase accounting adjustment		92		90
Accrued bonuses		571		723
Other		73		50
Deferred tax assets		24,229		29,213
Deferred tax liabilities:
Deferred loan fees		711		510
Federal Home Loan Bank stock dividends		4,585		4,585
Mortgage servicing rights		1,767		1,976
FHLB prepayment penalty		922		1,059
Unrealized gains on securities available for sale		4,512		—
Postretirement benefits accrual		253		447
Prepaid expenses		337		215
Deferred tax liabilities		13,087		8,792
Net deferred tax asset	$	11,142	$	20,421