BORROWINGS (Tables)

12 Months Ended

Dec. 31, 2016

BORROWINGS [Abstract]

Components of short- and long-term interest-bearing liabilities

The following summarizes borrowed funds at December 31, 2016 and 2015 (dollars in thousands):

As of or for the Year Ended December 31, 2016	Federal Home Loan Bank Borrowings Short-Term			Federal Home Loan Bank Borrowings Long-Term			Federal Funds Purchased
Daily average outstanding	$	47,315		$	15,000		$	3
Total interest cost		276			264			-
Average interest rate paid		0.58	%		1.76	%		0.76	%
Maximum amount outstanding at any month-end	$	160,000		$	15,000		$	-
Ending balance		-			15,000			-
Weighted-average interest rate on balances outstanding		-	%		1.76	%		-	%

As of or for the Year Ended December 31, 2015	Federal Home Loan Bank Borrowings Short-Term			Federal Home Loan Bank Borrowings Long-Term			Federal Funds Purchased
Daily average outstanding	$	63,935		$	10,808		$	3
Total interest cost		252			190			-
Average interest rate paid		0.39	%		1.76	%		0.45	%
Maximum amount outstanding at any month-end	$	155,000		$	15,000		$	-
Ending balance		150,000			15,000			-
Weighted-average interest rate on balances outstanding		0.52	%		1.76	%		-	%