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FINANCIAL INSTRUMENTS (Tables)

3 Months Ended

Mar. 31, 2018

Investments, All Other Investments [Abstract]

Schedule of carrying value and fair value of financial assets and liabilities

Financial instruments as of the dates indicated were as follows:

										Quoted Prices
										in Active				Significant
										Markets for				Other				Significant
										Identical				Observable				Unobservable
(Dollars in thousands)		Carrying				Estimated				Assets				Inputs				Inputs
		Amount				Fair Value				(Level 1)				(Level 2)				(Level 3)
March 31, 2018
Assets:
Cash and due from banks		$	13,985			$	13,985			$	13,985			$	—			$	—
Equity securities at fair value			3,305				3,305				1,805				—				1,500
Securities available for sale			164,195				164,195				—				152,527				11,668
Federal Home Loan Bank and Federal Reserve Bank stock			3,567				3,567				—				3,567				—
Loans held for sale			1,240				1,277				—				1,277				—
Loans to other financial institutions			5,637				5,637				—				—				5,637
Loans, net			381,731				381,505				—				—				381,505
Accrued interest receivable			2,582				2,582				—				2,582				—

Liabilities:
Noninterest-bearing deposits			146,912				146,912				—				146,912				—
Interest-bearing deposits			385,362				383,982				—				383,982				—
Repurchase agreements			2,461				2,461				—				2,461				—
Federal Home Loan Bank advances			10,259				10,268				—				10,268				—
Accrued interest payable			55				55				—				55				—

December 31, 2017
Assets:
Cash and due from banks		$	36,837			$	36,837			$	36,837			$	—			$	—
Securities available for sale			155,591				155,591				1,892				140,301				13,398
Federal Home Loan Bank and Federal Reserve Bank stock			3,567				3,567				—				3,567				—
Loans held for sale			1,721				1,773				—				1,773				—
Loans to other financial institutions			6,802				6,802								6,802
Loans, net			394,208				394,819				—				—				394,819
Accrued interest receivable			2,146				2,146				—				2,146				—

Liabilities:
Noninterest-bearing deposits			151,462				151,462				—				151,462				—
Interest-bearing deposits			388,391				387,343				—				387,343				—
Repurchase agreements			7,148				7,148				—				7,148				—
Federal Home Loan Bank advances			20,268				20,271				—				20,271				—