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STOCK BASED COMPENSATION PLANS (Detail Textuals) - USD ($) | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |  |  |  |
Compensation expense for restricted stock | $ 387,000 | $ 302,000 | $ 738,000 | $ 604,000
Stock options |  |  |  |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |  |  |  |
Intrinsic value of options exercised |  |  | 38,000 | 3,000
Intrinsic value of options outstanding and exercisable | $ 48,000 | $ 50,000 | $ 48,000 | $ 50,000
Restricted stock |  |  |  |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |  |  |  |
Number of restricted stock awards granted |  |  | 66,809 | 64,987
Restricted stock | Seven year specified vesting schedule |  |  |  |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |  |  |  |
Numbers of shares expected to vest |  |  | 36,000 | 30,625
Vesting period |  |  | 7 years | 7 years
Years specified in vesting schedule after the third vesting period, period one |  |  | 5 years | 5 years
Years specified in vesting schedule after the third vesting period, period two |  |  | 6 years | 6 years
Years specified in vesting schedule after the third vesting period, period three |  |  | 7 years | 7 years
Restricted stock | Five year specified vesting schedule |  |  |  |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |  |  |  |
Numbers of shares expected to vest |  |  | 27,209 | 24,812
Vesting period |  |  | 5 years | 5 years
Years specified in vesting schedule after the third vesting period, period one |  |  | 3 years | 3 years
Years specified in vesting schedule after the third vesting period, period two |  |  | 4 years | 4 years
Years specified in vesting schedule after the third vesting period, period three |  |  | 5 years | 5 years
Restricted stock | Three year ratable vesting |  |  |  |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |  |  |  |
Numbers of shares expected to vest |  |  | 36,000 |
Vesting period |  |  | 3 years |
Restricted stock | Five year ratable vesting |  |  |  |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |  |  |  |
Numbers of shares expected to vest |  |  |  | 9,550
Vesting period |  |  |  | 5 years

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- Definition The noncash expense that represents the cost of restricted stock or unit distributed to employees as compensation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66902209&loc=d3e3602-108585 + Details
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