DERIVATIVE INSTRUMENTS (Tables)

9 Months Ended

Sep. 30, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments [Table Text Block]

The following table summarizes derivative instruments held by the Company, their notional amount, estimated fair values and their location in the consolidated balance sheets at September 30, 2015 and December 31, 2014:

(dollars in thousands)				Derivatives in Other Assets
	Notional Amount			Fair Value Gain (Loss)
	September 30, 2015		December 31, 2014	September 30, 2015		December 31, 2014
Derivative Instruments Not Designated as Hedging Instruments:
Interest rate lock commitments	$	31,544	20,762	990		580
Forward commitments to sell mortgage-backed securities	51,500		38,300	(462	)	(294	)
Total	$	83,044	59,062	528		286

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]

The following table summarizes amounts included in the consolidated statements of income for the three and nine months ended September 30, 2015 and 2014 related to non-hedging derivative instruments:

(dollars in thousands)	Location of Gain (Loss) Recognized in Operations on Derivatives	Amount of Gain (Loss) Recognized in Operations on Derivatives
		Three Months Ended					Nine Months Ended
		September 30,					September 30,
		2015			2014		2015		2014
Derivative Instruments Not Designated as Hedging Instruments:
Interest rate lock commitments	Gain on loans sold and held for sale	$	335		(157	)	410		161
Forward commitments to sell mortgage-backed securities	Gain on loans sold and held for sale	(910		)	291		(168	)	(446	)