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DISCLOSURES ABOUT FAIR VALUE MEASUREMENTS (Tables)
 12 Months Ended
Dec. 31, 2014
DISCLOSURES ABOUT FAIR VALUE MEASUREMENTS [Abstract]  
Schedule of Assets and Liabilities Measured on Recurring Basis
FAIR VALUE MEASUREMENTS AT DECEMBER 31, 2014 USING

TOTAL

  

(LEVEL 1)

    

(LEVEL 2)

    

(LEVEL 3)

  
Assets:                          
U.S. Agency securities $ 5,906     $ —     $ 5,906     $ —  
U.S. Agency mortgage-backed securities     105,768       —       105,768       —  
Corporate bonds     15,436       —       15,436       —  

 

FAIR VALUE MEASUREMENTS AT DECEMBER 31, 2013 USING
TOTAL   (LEVEL 1)     (LEVEL 2)     (LEVEL 3)  
Assets:                          
U.S. Agency securities $ 6,835     $ —     $ 6,835     $ —  
U.S. Agency mortgage-backed securities     123,382       —       123,382       —  
Corporate bonds     11,761       —       11,761       —  

 
Schedule of Assets Measured at Fair Value on Non-Recurring Basis

 

FAIR VALUE MEASUREMENTS AT DECEMBER 31, 2014 USING

TOTAL

  

(LEVEL 1)

    

(LEVEL 2)

    

(LEVEL 3)

  
Assets:                          
Impaired loans $ 469     $ —     $ —     $ 469  
Other real estate owned     512       —       —       512  

 

FAIR VALUE MEASUREMENTS AT DECEMBER 31, 2013 USING
TOTAL   (LEVEL 1)     (LEVEL 2)     (LEVEL 3)  
Assets:                          
Impaired loans $ 2,253     $ —     $ —     $ 2,253  
Other real estate owned     1,017       —       —       1,017  



December 31, 2014 Quantitative Information About Level 3 Fair Value Measurements
Fair Value
     Valuation Techniques   Unobservable Input   Range(Wgtd Ave)
Impaired loans $ 469     Appraisal of collateral(1)   Appraisal adjustments(2)   0% to 37%(30%)
                Liquidation expenses(2)   1% to 15%(10%)
Other real estate owned     512     Appraisal of collateral(1),(3)   Appraisal adjustments(2)   47% to 83%(55%)
                Liquidation expenses(2)   1% to 61%(9%)

 

December 31, 2013 Quantitative Information About Level 3 Fair Value Measurements
Fair Value
     Valuation Techniques   Unobservable Input   Range(Wgtd Ave)
Impaired loans $ 2,253     Appraisal of collateral(1)   Appraisal adjustments(2)   0% to 37%(30%)
                Liquidation expenses(2)   1% to 15%(10%)
Other real estate owned     1,017     Appraisal of collateral(1),(3)   Appraisal adjustments(2)   31% to 48%(38%)
                Liquidation expenses(2)   1% to 20%(10%)

 

(1) Fair Value is generally determined through independent appraisals of the underlying collateral, which generally include various level 3 inputs which are not identifiable.
(2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses.
(3) Includes qualitative adjustments by management and estimated liquidation expenses.