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DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
 12 Months Ended
Dec. 31, 2014
DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS [Abstract]  
Schedule of Financial Instruments
At December 31, 2014
Carrying
Value

  Fair Value

   

  (Level 1)

   

  (Level 2)

   

  (Level 3)

 





      (IN THOUSANDS)         
FINANCIAL ASSETS:                                
Cash and cash equivalents   $ 32,872     $ 32,872     $ 32,872     $ -     $ -  
Investment securities - AFS     127,110       127,110       -       127,110       -  
Investment securities – HTM     19,840       20,213       -       17,241       2,972  
Regulatory stock     6,173       6,173       6,173       -       -  
Loans held for sale     5,051       5,127       5,127       -       -  
Loans, net of allowance for loan loss and unearned income     817,457       819,935       -       -       819,935  
Accrued interest income receivable     3,127       3,127       3,127       -       -  
Bank owned life insurance     37,417       37,417       37,417       -       -  
                                         
FINANCIAL LIABILITIES:                                        
Deposits with no stated maturities   $ 568,625     $ 568,625     $ 568,625     $ -     $ -  
Deposits with stated maturities     301,256       304,744       -       -       304,744  
Short-term borrowings     38,880       38,880       38,880       -       -  
All other borrowings     55,085       59,256       -       -       59,256  
Accrued interest payable     1,706       1,706       1,706       -       -  

 

At December 31, 2013
Carrying  Value Fair Value     (Level 1)     (Level 2)     (Level 3)  
      (IN THOUSANDS)          
FINANCIAL ASSETS:                                
Cash and cash equivalents   $ 30,066     $ 30,066     $ 30,066     $ -     $ -  
Investment securities - AFS     141,978       141,978       -       141,978       -  
Investment securities – HTM     18,187       17,788       -       14,822       2,966  
Regulatory stock     6,802       6,802       6,802       -       -  
Loans held for sale     3,402       3,453       3,453       -       -  
Loans, net of allowance for loan loss and unearned income     773,242       771,460       -       -       771,460  
Accrued interest income receivable     2,908       2,908       2,908       -       -  
Bank owned life insurance     36,669       36,669       36,669       -       -  
                                         
FINANCIAL LIABILITIES:                                        
Deposits with no stated maturities   $ 546,384     $ 546,384     $ 546,384     $ -     $ -  
Deposits with stated maturities     308,138       313,272       -       -       313,272  
Short-term borrowings     41,555       41,555       41,555       -       -  
All other borrowings     38,085       40,598       -       -       40,598  
Accrued interest payable     1,784       1,784       1,784       -       -