LOANS (Tables)

6 Months Ended

Jun. 30, 2014

Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

Information relating to loans is summarized as follows:

	June 30,		December 31,
(Dollars in thousands)	2014		2013
Construction and land development	$	57,393	$	67,450
Commercial real estate		538,217		520,382
Residential real estate		606,796		592,746
Commercial and financial		87,285		78,636
Consumer		45,241		44,713
Other loans		260		280
NET LOAN BALANCES	$	1,335,192	$	1,304,207

(1) Net loan balances as of June 30, 2014 and December 31, 2013 are net of deferred costs of $2,949,000 and $2,618,000, respectively.

Past Due Financing Receivables [Table Text Block]

The following table presents the contractual aging of the recorded investment in past due loans by class of loans as of June 30, 2014 and December 31, 2013:

June 30, 2014
					Accruing
	Accruing		Accruing		Greater						Total
	30-59 Days		60-89 Days		Than						Financing
(Dollars in thousands)	Past Due		Past Due		90 Days		Nonaccrual		Current		Receivables
Construction & land development	$	0	$	0	$	0	$	1,023	$	56,370	$	57,393
Commercial real estate		1,634		449		0		3,752		532,382		538,217
Residential real estate		420		82		0		16,507		589,787		606,796
Commercial and financial		66		0		0		10		87,209		87,285
Consumer		45		26		0		453		44,717		45,241
Other		0		0		0		0		260		260
Total	$	2,165	$	557	$	0	$	21,745	$	1,310,725	$	1,335,192

December 31, 2013
					Accruing
	Accruing		Accruing		Greater						Total
	30-59 Days		60-89 Days		Than						Financing
(Dollars in thousands)	Past Due		Past Due		90 Days		Nonaccrual		Current		Receivables
Construction & land development	$	3	$	0	$	0	$	1,302	$	66,145	$	67,450
Commercial real estate		684		345		0		5,111		514,242		520,382
Residential real estate		974		909		160		20,705		569,998		592,746
Commercial and financial		353		0		0		13		78,270		78,636
Consumer		33		27		0		541		44,112		44,713
Other		0		0		0		0		280		280
Total	$	2,047	$	1,281	$	160	$	27,672	$	1,273,047	$	1,304,207

Financing Receivable Credit Quality Indicators [Table Text Block]

The following tables present the risk category of loans by class of loans based on the most recent analysis performed as of June 30, 2014 and December 31, 2013:

June 30, 2014
	Construction						Commercial
	& Land		Commercial		Residential		and		Consumer
(Dollars in thousands)	Development		Real Estate		Real Estate		Financial		Loans		Total
Pass	$	53,595	$	507,606	$	574,638	$	87,048	$	43,849	$	1,266,736
Special mention		542		2,826		309		19		304		4,000
Substandard		0		12,575		1,399		58		522		14,554
Doubtful		0		0		0		0		0		0
Nonaccrual		1,023		3,752		16,507		10		453		21,745
Pass-Troubled debt restructures		1,710		5,480		24		0		0		7,214
Troubled debt restructures		523		5,978		13,919		150		373		20,943
	$	57,393	$	538,217	$	606,796	$	87,285	$	45,501	$	1,335,192

December 31, 2013
	Construction						Commercial
	& Land		Commercial		Residential		and		Consumer
(Dollars in thousands)	Development		Real Estate		Real Estate		Financial		Loans		Total
Pass	$	63,186	$	485,268	$	554,681	$	77,840	$	43,267	$	1,224,242
Special mention		583		6,810		824		382		300		8,899
Substandard		0		15,886		1,670		248		453		18,257
Doubtful		0		0		0		0		0		0
Nonaccrual		1,302		5,111		20,705		13		541		27,672
Pass-Troubled debt restructures		1,838		5,584		30		0		0		7,452
Troubled debt restructures		541		1,723		14,836		153		432		17,685
	$	67,450	$	520,382	$	592,746	$	78,636	$	44,993	$	1,304,207