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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2015
Accounting Policies [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
 
 
 
 
YEAR ENDED DECEMBER 31,
  
 
2015
 
2014
 
2013
  
 
(IN THOUSANDS, EXCEPT PER SHARE DATA)
Numerator:
 
 
  
 
 
 
  
 
 
 
  
 
Net income
 
$
5,997
 
 
$
3,023
 
 
$
5,193
 
Preferred stock dividends
 
 
210
 
 
 
210
 
 
 
209
 
Net income available to common shareholders
 
$
5,787
 
 
$
2,813
 
 
$
4,984
 
Denominator:
 
 
  
 
 
 
  
 
 
 
  
 
Weighted average common shares outstanding (basic)
 
 
18,863
 
 
 
18,793
 
 
 
18,942
 
Effect of stock options
 
 
70
 
 
 
115
 
 
 
92
 
Weighted average common shares outstanding (diluted)
 
 
18,933
 
 
 
18,908
 
 
 
19,034
 
Earnings per common share:
 
 
  
 
 
 
  
 
 
 
  
 
Basic
 
$
0.31
 
 
$
0.15
 
 
$
0.26
 
Diluted
 
 
0.31
 
 
 
0.15
 
 
 
0.26