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LOANS TO RELATED PARTIES
12 Months Ended
Dec. 31, 2015
Receivables [Abstract]  
LOANS TO RELATED PARTIES
LOANS TO RELATED PARTIES
The Company has granted loans to the officers and directors of the Company and its subsidiary and to their associates. The aggregate dollar amount of these loans was $647,000 at December 31, 2015, and $597,000 at December 31, 2014. During 2015, $675,000 of new loans were granted and repayments totaled $625,000.