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BORROWINGS (Tables) | 12 Months Ended
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Dec. 31, 2016
Debt Disclosure [Abstract] |
Schedule of Federal Home Loan Bank Borrowings | Advances payable to the Federal Home Loan Bank as of December 31 are summarized as follows:
|  | 2016 |  | 2015
|  |  |  | Weighted |  |  |  | Weighted
|  |  |  | Average |  |  |  | Average
|  | Total |  | Contractual |  | Total |  | Contractual
|  | Outstanding |  | Rate |  | Outstanding |  | Rate
|  | (Dollars in thousands)
Stated Maturity |  |  |  |  |  |  |  |
2016 |  | $ | — |  |  | — | % |  | $ | 52,025 |  |  | 1.23 | %
2017 |  | 50,000 |  |  | 2.43 | % |  | 40,154 |  |  | 3.10 | %
2018 |  | — |  |  | — | % |  | 7,043 |  |  | 1.74 | %
2019 |  | — |  |  | — | % |  | 2,011 |  |  | 1.99 | %
Subtotal |  | 50,000 |  |  | 2.43 | % |  | 101,233 |  |  | 2.00 | %
Amortizing advances |  | 819 |  |  |  |  | 847 |  |  |
Total Federal Home Loan Bank Advances |  | $ | 50,819 |  |  |  |  | $ | 102,080 |  |  |
Schedule of Underlying Assets of Repurchase Agreements when Amount of Repurchase Agreements Exceeds 10 Percent of Assets [Table Text Block] | The table below sets forth information regarding the Company’s repurchase agreements allocated by source of collateral at the dates indicated:
| December 31, 2016
| Remaining Contractual Maturity of the Agreements
| Overnight and Continuous |  | Up to 30 Days |  | 30-90 Days |  | Greater than 90 Days |  | Total
| (Dollars in thousands)
Sources of Collateral |
U.S. government agency securities | $ | 20,233 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 20,233 |
Agency mortgage-backed securities | 79,079 |  |  | — |  |  | — |  |  | — |  |  | 79,079 |
Agency collateralized mortgage obligations | 77,601 |  |  | — |  |  | — |  |  | — |  |  | 77,601 |
Total borrowings | $ | 176,913 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 176,913 |
| December 31, 2015
| Remaining Contractual Maturity of the Agreements
| Overnight and Continuous |  | Up to 30 Days |  | 30-90 Days |  | Greater than 90 Days |  | Total
| (Dollars in thousands)
Sources of Collateral |
U.S. government agency securities | $ | 10,157 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 10,157 |
Agency mortgage-backed securities | 69,142 |  |  | — |  |  | — |  |  | — |  |  | 69,142 |
Agency collateralized mortgage obligations | 54,659 |  |  | — |  |  | — |  |  | — |  |  | 54,659 |
Total borrowings | $ | 133,958 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 133,958 |
Schedule of Long-term Borrowings | The following table summarizes long-term debt, net of debt issuances costs, as of the periods indicated:
| December 31
| 2016 |  | 2015
| (Dollars in thousands)
Junior subordinated debentures |  |  |
Capital Trust V | $ | 51,500 |  |  | $ | 51,497 |
Slades Ferry Trust I | 10,224 |  |  | 10,219 |
Central Trust I | 5,302 |  |  | 5,516 |
Central Trust II | 6,081 |  |  | 6,074 |
Subordinated debentures | 34,635 |  |  | 34,589 |
Total long-term debt | $ | 107,742 |  |  | $ | 107,895 |
Information relating to Trust Preferred Securities [Table Text Block] | Information relating to these trust preferred securities are as follows:
Trust |  | Description of Capital Securities
Capital Trust V |  | $50.0 million due in 2037, interest at a variable rate of 3 month LIBOR plus 1.48% (2.44% at December 31, 2016), which had previously been converted to a fixed rate of 6.52%, through the use of an interest rate swap which expired on December 28, 2016. Beginning on January 17, 2017, the borrowings will be subject to a forward starting interest rate swap, converting the interest to a fixed rate of 2.84% through December 15, 2021. These securities are callable quarterly, until maturity.
Slades Ferry Trust I |  | $10.0 million due in 2034, bearing interest at a variable rate of 3 month LIBOR plus 2.79% (3.78% at December 31, 2016). These securities are callable quarterly, until maturity.
Central Trust I |  | $5.1 million due in 2034, bearing interest at a variable rate of 3 month LIBOR plus 2.44% (3.40% at December 31, 2016). These securities are callable quarterly, until maturity.
Central Trust II |  | $5.9 million due in 2037, bearing a fixed interest rate of 7.015% until March 15, 2017. Subsequent to this date, the interest will be variable (3 month LIBOR plus 1.65%) and the securities will become callable quarterly, until maturity.
Schedule of Maturities of Borrowings | The following table sets forth the contractual maturities of long-term debt over the next five years:
|  | 2017 |  | 2018 |  | 2019 |  | 2020 |  | 2021 |  | Thereafter |  | Total
|  | (Dollars in thousands)
Junior subordinated debentures |  |  |  |  |  |  |  |  |  |  |  |  |  |
Capital trust V |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 51,547 |  |  | $ | 51,547 |
Slades ferry trust I |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 10,310 |  |  | $ | 10,310 |
Central trust I |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 5,258 |  |  | $ | 5,258 |
Central trust II |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 6,083 |  |  | $ | 6,083 |
Subordinated debentures |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 35,000 |  |  | $ | 35,000 |

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- Definition Tabular disclosure, as of the most recent balance sheet date, of securities or other assets sold under repurchase agreements when this amount exceeds 10 percent of total assets. Disclosure may include the following: the type of securities or assets sold under agreements to repurchase, the carrying amount, market value (including accrued interest plus any cash or other assets on deposit. The information is segregated into securities maturing (1) overnight; (2) term up to 30 days; (3) term of 30 to 90 days; (4) term over 90 days; (5) demand. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(m)(1)(i)(A)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
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