BORROWINGS (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of Short-term Debt [Table Text Block]

Short-term borrowings and weighted-average interest rates at December 31 are as follows:



	2015				2014
Dollars in thousands	Amount		Rate		Amount		Rate
FHLB overnight advance	$	—	—	%	$	—	—	%
Securities sold under repurchase agreements	35,202		0.12		45,699		0.14
	$	35,202	0.12	%	$	45,699	0.14	%

Offsetting Liabilities [Table Text Block]

The following table presents the short-term borrowings subject to an enforceable master netting arrangement or repurchase agreement as of December 31, 2015 and 2014:



								Gross Amounts Not Offset in the Statements of Condition
Dollars in thousands		Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Statements of Condition		Net Amounts of Liabilities Presented in the Statements of Condition		Financial Instruments			Cash Collateral Pledged		Net Amount
December 31, 2015
Repurchase agreements
Commercial customers and government entities	(a)	$	35,202	$	—	$	35,202	$	(35,202	)	$	—	$	—

December 31, 2014
Repurchase agreements
Commercial customers and government entities	(a)	$	45,699	$	—	$	45,699	$	(45,699	)	$	—	$	—

(a) As of December 31, 2015 and 2014, the fair value of securities pledged in connection with repurchase agreements was $41,132,000 and $47,576,000, respectively.

Schedule of Maturities of Long-term Debt [Table Text Block]

A summary of long-term debt as of December 31 is as follows:



	2015				2014
Dollars in thousands	Amount		Rate		Amount		Rate
FHLB fixed-rate advances maturing:
2015	$	—	—	%	$	21,000	2.50	%
2016	18,250		1.98	%	18,250		1.98	%
2017	14,250		2.30	%	14,250		2.30	%
2018	24,500		1.90	%	15,500		2.18	%
2019	14,500		1.86	%	10,500		1.90	%
2020	5,000		1.96	%	—		—	%
Loan payable to local bank	—		—	%	1,437		5.50	%
	$	76,500	2.05	%	$	80,937	2.26	%