INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Schedule of provision for income taxes

(Dollars in Thousands)	2016		2015		2014
Current:
Federal	$	2,295	$	497	$	(51)
State		115		115		(2,916)
		2,410		612		(2,967)
Deferred:
Federal		2,742		3,258		4,270
State		712		475		249
Change in Valuation Allowance		3		114		102
		3,457		3,847		4,621
Total:
Federal		5,037		3,755		4,219
State		827		590		(2,667)
Change in Valuation Allowance		3		114		102
Total	$	5,867	$	4,459	$	1,654

Schedule of effective income tax rate reconciliation

(Dollars in Thousands)	2016		2015		2014
Tax Expense at Federal Statutory Rate	$	6,165	$	4,751	$	3,820
Increases (Decreases) Resulting From:
Tax-Exempt Interest Income		(662)		(395)		(327)
Change in Reserve for Uncertain Tax Positions		-		-		(2,902)
State Taxes, Net of Federal Benefit		538		390		892
Other		121		562		243
Change in Valuation Allowance		3		114		102
Tax-Exempt Cash Surrender Value Life Insurance Benefit		(298)		(303)		(174)
Excess Death Benefit Payment		-		(660)		-
Actual Tax Expense	$	5,867	$	4,459	$	1,654

Schedule of deferred income tax liabilities and assets

(Dollars in Thousands)	2016		2015
Deferred Tax Assets Attributable to:
Allowance for Loan Losses	$	5,182	$	5,383
Accrued Pension/SERP		16,107		13,901
State Net Operating Loss and Tax Credit Carry-Forwards		4,804		5,061
Other Real Estate Owned		3,550		5,012
Federal Net Operating Loss and Tax Credit Carry-Forwards		401		1,241
Other		4,238		4,351
Total Deferred Tax Assets	$	34,282	$	34,949
Deferred Tax Liabilities Attributable to:
Depreciation on Premises and Equipment	$	5,480	$	5,982
Deferred Loan Fees and Costs		3,342		2,883
Intangible Assets		4,319		4,019
Other		724		687
Total Deferred Tax Liabilities		13,865		13,571
Valuation Allowance		1,445		1,442
Net Deferred Tax Asset	$	18,972	$	19,936

Schedule of beginning and ending unrecognized tax benefit

(Dollars in Thousands)	2016		2015		2014
Balance at January 1,	$	-	$	-	$	3,228
Decrease Due to Settlements With Taxing Authorities		-		-		(3,228)
Balance at December 31	$	-	$	-	$	-