PENSION AND OTHER BENEFITS (Tables)

12 Months Ended

Dec. 31, 2014

Compensation and Retirement Disclosure [Abstract]

Schedule of Changes in Projected Benefit Obligations [Table Text Block]

The following table sets forth changes in projected benefit obligation, changes in fair value of plan assets, funded status, and amounts recognized in the consolidated statements of condition for the Company’s pension plans at December 31, 2014 and 2013.

	2014				2013
	(Dollars in Thousands)
Change in Benefit Obligation:
Projected benefit obligation at beginning of year		$	13,569			$	13,533
Interest cost			576				529
Actuarial loss			2,023				255
Benefits paid			(701	)			(748	)
Settlements			(393	)			—
Projected benefit obligation at end of year		$	15,074			$	13,569
Change in Plan Assets:
Fair value of plan assets at beginning year		$	11,026			$	7,034
Actual return on plan assets			413				1,040
Employer contributions			—				3,700
Benefits paid			(701	)			(748	)
Settlements			(324	)			—
Fair value of plan assets at end of year		$	10,414			$	11,026
Funded status		$	(4,660	)		$	(2,543	)

Schedule of Net Benefit Costs [Table Text Block]

The net periodic pension expense for 2014, 2013 and 2012 includes the following:

	2014				2013				2012
	(Dollars in Thousands)
Interest cost		$	576			$	529			$	555
Expected return on plan assets			(596	)			(488	)			(377	)
Net amortization			223				375				294
Recognized settlement loss			1				—				—
Total net periodic pension expense		$	204			$	416			$	472

Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block]

Amounts recognized as a component of accumulated other comprehensive loss as of year-end that have not been recognized as a component of the net periodic pension expense for the plan are presented in the following table.

	2014			2013
Net acturial loss			7,595			5,699
Total recognized in other comprehensive income		$	7,595		$	5,699
Total recognized in net periodic expense and other comprehensive income (before tax)		$	7,799		$	6,115

Schedule of Benefit Obligations in Excess of Fair Value of Plan Assets [Table Text Block]

The following table presents the assumptions used to calculate the projected benefit obligation in each of the last three years

	2014			2013			2012
Discount rate		3.76	%		4.84	%		4.03	%
Rate of compensation increase		N/A			N/A			N/A
Expected long-term rate of return on plan assets		5.50	%		5.50	%		5.50	%

	2014			2013			2012
	(Dollars in Thousands)
Weighted average assumptions used to determine net periodic benefit cost for years ended December 31
Discount rate		4.84	%		4.03	%		4.64	%
Expected long-term return on plan assets		5.50	%		5.50	%		5.50	%
Rate of compensation increase		N/A			N/A			N/A

Schedule of Allocation of Plan Assets [Table Text Block]

The general investment policy of the Pension Trust is for the fund to experience growth in assets that will allow the market value to exceed the value of benefit obligations over time. The Company’s pension plan asset allocation as of December 31, 2014 and 2013, target allocation for 2015, and expected long-term rate of return by assets are as follows:

No Related Allowance Recorded	Target Allocation			% of Plan Assets— Year Ended 2014				% of Plan Assets— Year Ended 2013				Weighted Average Expected Long-Term Rate of Return
Equity Securities
Domestic		45	%			42	%			39	%			6.5	%
International		15	%			13	%			14	%			6.5	%
Debt and/or fixed income securities		39	%			36	%			39	%			4.0	%
Cash and other alternative investments, including real estate funds, hedge funds and equity structured notes		1	%			9	%			8	%			0	%
Total		100	%		$	100	%		$	100	%		$	5.5	%

Schedule of Changes in Fair Value of Plan Assets [Table Text Block]

The fair values of the Company’s pension plan assets at December 31, 2014 and 2013, by asset class, are as follows:

Asset Class	December 31, 2014			Fair Value Measurements at Reporting Date Using
				Quoted Prices in Active Markets for Identical Assets (Level 1)			Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
	(Dollars in Thousands)
Cash		$	869		$	869		$	—		$	—
Equity securities:
U.S. companies			4,304			4,304			—			—
International companies			1,394			1,394			—			—
Debt and/or fixed income securities			3,754			3,754
Real estate funds			93			93			—			—
Total		$	10,414		$	10,414		$	—		$	—

Asset Class	December 31, 2013			Fair Value Measurements at Reporting Date Using
				Quoted Prices in Active Markets for Identical Assets (Level 1)			Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
	(Dollars in Thousands)
Cash		$	865		$	865		$	—		$	—
Equity securities:
U.S. companies			4,310			4,310			—			—
International companies			1,495			1,495			—			—
Debt and/or fixed income securities			4,356			4,356			—			—
Total		$	11,026		$	11,026		$	—		$	—

Schedule of Defined Benefit Plans Disclosures [Table Text Block]

The following benefit payments, which reflect expected future service, as appropriate, for the following years are as follows (in thousands):

2015	$	777
2016		764
2017		759
2018		743
2019		764
2020-2024		3,880