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INVESTMENT SECURITIES (Tables)

12 Months Ended

Dec. 31, 2016

Investment Securities [Abstract]

Schedule of Available-for-sale Securities Reconciliation [Table Text Block]

Investment securities available for sale:

		AT DECEMBER 31, 2016
		COST BASIS				GROSS UNREALIZED GAINS				GROSS UNREALIZED LOSSES				FAIR VALUE
		(IN THOUSANDS)
U.S. Agency		$	400			$	—			$	(2	)		$	398
Taxable municipal			3,793				3				(174	)			3,622
Corporate bonds			34,403				194				(724	)			33,873
U.S. Agency mortgage-backed securities			88,738				1,132				(686	)			89,184
Total		$	127,334			$	1,329			$	(1,586	)		$	127,077

Investment securities held to maturity:

		AT DECEMBER 31, 2016
		COST BASIS				GROSS UNREALIZED GAINS				GROSS UNREALIZED LOSSES				FAIR VALUE
		(IN THOUSANDS)
U.S. Agency mortgage-backed securities		$	11,177			$	180			$	(79	)		$	11,278
Taxable municipal			13,441				70				(348	)			13,163
Corporate bonds and other securities			6,047				15				(83	)			5,979
Total		$	30,665			$	265			$	(510	)		$	30,420

Investment securities available for sale:

		AT DECEMBER 31, 2015
		COST BASIS				GROSS UNREALIZED GAINS				GROSS UNREALIZED LOSSES				FAIR VALUE
		(IN THOUSANDS)
U.S. Agency		$	2,900			$	—			$	(19	)		$	2,881
Corporate bonds			18,541				18				(307	)			18,252
U.S. Agency mortgage-backed securities			96,801				1,975				(442	)			98,334
Total		$	118,242			$	1,993			$	(768	)		$	119,467

Investment securities held to maturity:

		AT DECEMBER 31, 2015
		COST BASIS				GROSS UNREALIZED GAINS				GROSS UNREALIZED LOSSES				FAIR VALUE
		(IN THOUSANDS)
U.S. Agency mortgage-backed securities		$	10,827			$	247			$	(53	)		$	11,021
Taxable municipal			5,592				67				(65	)			5,594
Corporate bonds and other securities			5,000				3				(85	)			4,918
Total		$	21,419			$	317			$	(203	)		$	21,533

Schedule of Unrealized Loss on Investments [Table Text Block]

The following tables present information concerning investments with unrealized losses as of December 31, 2016 (in thousands):

Total investment securities:		LESS THAN 12 MONTHS								12 MONTHS OR LONGER								TOTAL
		FAIR VALUE				UNREALIZED LOSSES				FAIR VALUE				UNREALIZED LOSSES				FAIR VALUE				UNREALIZED LOSSES
U.S. Agency		$	398			$	(2	)		$	—			$	—			$	398			$	(2	)
U.S. Agency mortgage-backed securities			49,918				(703	)			1,576				(62	)			51,494				(765	)
Taxable municipal			13,301				(522	)			—				—				13,301				(522	)
Corporate bonds and other securities			20,380				(570	)			6,762				(237	)			27,142				(807	)
Total		$	83,997			$	(1,797	)		$	8,338			$	(299	)		$	92,335			$	(2,096	)

The following tables present information concerning investments with unrealized losses as of December 31, 2015 (in thousands):

Total investment securities:		LESS THAN 12 MONTHS								12 MONTHS OR LONGER								TOTAL
		FAIR VALUE				UNREALIZED LOSSES				FAIR VALUE				UNREALIZED LOSSES				FAIR VALUE				UNREALIZED LOSSES
U.S. Agency		$	1,486			$	(14	)		$	395			$	(5	)		$	1,881			$	(19	)
U.S. Agency mortgage-backed securities			33,359				(245	)			9,088				(250	)			42,447				(495	)
Taxable municipal			3,617				(65	)			—				—				3,617				(65	)
Corporate bonds and other securities			8,884				(160	)			7,766				(232	)			16,650				(392	)
Total		$	47,346			$	(484	)		$	17,249			$	(487	)		$	64,595			$	(971	)

Schedule of Contractual Maturities of Securities [Table Text Block]

Investment securities available for sale:

		AT DECEMBER 31, 2016
		U.S. AGENCY								U.S. AGENCY MORTGAGE-BACKED SECURITIES								CORPORATE BONDS AND OTHER								TOTAL INVESTMENT SECURITIES AVAILABLE FOR SALE
		(IN THOUSANDS, EXCEPT YIELDS)
COST BASIS
Within 1 year		$	—				—%			$	—				—%			$	5,000				2.17	%		$	5,000				2.17	%
After 1 year but within 5 years			400				1.03				322				4.24				6,002				2.88				6,724				2.84
After 5 years but within 10 years			—				—				17,628				3.10				25,263				3.39				42,891				3.27
After 10 years but within 15 years			—				—				37,484				2.29				1,931				3.68				39,415				2.35
Over 15 years			—				—				33,304				2.12				—				—				33,304				2.12
Total		$	400				1.03			$	88,738				2.39			$	38,196				3.16			$	127,334				2.62
FAIR VALUE
Within 1 year		$	—							$	—							$	4,981							$	4,981
After 1 year but within 5 years			398								331								5,917								6,646
After 5 years but within 10 years			—								18,194								24,789								42,983
After 10 years but within 15 years			—								37,288								1,808								39,096
Over 15 years			—								33,371								—								33,371
Total		$	398							$	89,184							$	37,495							$	127,077

Investment securities held to maturity:

		AT DECEMBER 31, 2016
		U.S. AGENCY MORTGAGE-BACKED SECURITIES								CORPORATE BONDS AND OTHER								TOTAL INVESTMENT SECURITIES HELD TO MATURITY
		(IN THOUSANDS, EXCEPT YIELDS)
COST BASIS
Within 1 year		$	—				—%			$	—				—%			$	—				—%
After 1 year but within 5 years			—				—				3,400				1.87				3,400				1.87
After 5 years but within 10 years			2,835				2.40				8,134				3.73				10,969				3.39
After 10 years but within 15 years			1,458				3.33				6,882				3.50				8,340				3.47
Over 15 years			6,884				2.90				1,072				4.54				7,956				3.12
Total		$	11,177				2.83			$	19,488				3.37			$	30,665				3.17
FAIR VALUE
Within 1 year		$	—							$	—							$	—
After 1 year but within 5 years			—								3,351								3,351
After 5 years but within 10 years			2,810								8,016								10,826
After 10 years but within 15 years			1,510								6,687								8,197
Over 15 years			6,958								1,088								8,046
Total		$	11,278							$	19,142							$	30,420

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Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments.

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For all investments in an unrealized loss position, including those for which other-than-temporary impairments have not been recognized in earnings (including investments for which a portion of an other-than-temporary impairment has been recognized in other comprehensive income), a tabular disclosure of the aggregate related fair value of investments with unrealized losses and the aggregate amount of unrealized losses (that is, the amount by which amortized cost basis exceeds fair value).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=73527792&loc=d3e27290-111563

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