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PARENT COMPANY FINANCIAL INFORMATION (Tables)
 12 Months Ended
Dec. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Condensed Balance Sheet [Table Text Block]
BALANCE SHEETS
 
 
 
AT DECEMBER 31,
  
 
2016
 
2015
  
 
(IN THOUSANDS)
ASSETS
 
 
  
 
 
 
  
 
Cash
 
$
100
 
 
$
100
 
Short-term investments in money market funds
 
 
5,397
 
 
 
21,793
 
Investment securities available for sale
 
 
6,041
 
 
 
8,484
 
Equity investment in banking subsidiary
 
 
97,158
 
 
 
100,726
 
Equity investment in non-banking subsidiaries
 
 
5,168
 
 
 
6,007
 
Other assets
 
 
2,665
 
 
 
3,197
 
TOTAL ASSETS
 
$
116,529
 
 
$
140,307
 
LIABILITIES
 
 
  
 
 
 
  
 
Guaranteed junior subordinated deferrable interest debentures
 
$
12,908
 
 
$
12,892
 
Subordinated debt
 
 
7,441
 
 
 
7,418
 
Other liabilities
 
 
785
 
 
 
1,024
 
TOTAL LIABILITIES
 
 
21,134
 
 
 
21,334
 
STOCKHOLDERS’ EQUITY
 
 
  
 
 
 
  
 
Total stockholders’ equity
 
 
95,395
 
 
 
118,973
 
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY
 
$
116,529
 
 
$
140,307
 
Condensed Income Statement [Table Text Block]
STATEMENTS OF OPERATIONS
 
 
 
 
 
YEAR ENDED DECEMBER 31,
  
 
2016
 
2015
 
2014
  
 
(IN THOUSANDS)
INCOME
 
 
  
 
 
 
  
 
 
 
  
 
Inter-entity management and other fees
 
$
2,305
 
 
$
2,432
 
 
$
2,432
 
Dividends from banking subsidiary
 
 
3,000
 
 
 
5,100
 
 
 
1,500
 
Dividends from non-banking subsidiaries
 
 
650
 
 
 
975
 
 
 
870
 
Interest, dividend and other income
 
 
214
 
 
 
669
 
 
 
262
 
TOTAL INCOME
 
 
6,169
 
 
 
9,176
 
 
 
5,064
 
EXPENSE
 
 
  
 
 
 
  
 
 
 
  
 
Interest expense
 
 
1,640
 
 
 
1,125
 
 
 
1,121
 
Salaries and employee benefits
 
 
2,314
 
 
 
2,302
 
 
 
2,576
 
Other expense
 
 
1,549
 
 
 
1,563
 
 
 
1,996
 
TOTAL EXPENSE
 
 
5,503
 
 
 
4,990
 
 
 
5,693
 
INCOME (LOSS) BEFORE INCOME TAXES AND EQUITY IN UNDISTRIBUTED EARNINGS OF SUBSIDIARIES
 
 
666
 
 
 
4,187
 
 
 
(629
) 
Benefit for income taxes
 
 
(1,015
) 
 
 
642
 
 
 
1,020
 
Equity in undistributed earnings of subsidiaries
 
 
629
 
 
 
1,168
 
 
 
2,632
 
NET INCOME
 
$
2,310
 
 
$
5,997
 
 
$
3,023
 
COMPREHENSIVE INCOME (LOSS)
 
$
(1,712)
 
 
$
5,344
 
 
$
1,996
 
Condensed Cash Flow Statement [Table Text Block]
  STATEMENTS OF CASH FLOWS
 
 
 
YEAR ENDED DECEMBER 31,
  
 
2016
 
2015
 
2014
  
 
(IN THOUSANDS)
OPERATING ACTIVITIES
 
 
  
 
 
 
  
 
 
 
  
 
Net income
 
$
2,310
 
 
$
5,997
 
 
$
3,023
 
Adjustment to reconcile net income to net cash (used in) provided by operating activities:
 
 
  
 
 
 
  
 
 
 
  
 
Equity in undistributed earnings of subsidiaries
 
 
(629
) 
 
 
(1,168
) 
 
 
(2,632
) 
Stock compensation expense
 
 
20
 
 
 
29
 
 
 
42
 
Other – net
 
 
1,463
 
 
 
842
 
 
 
(505
) 
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES
 
 
3,164
 
 
 
5,700
 
 
 
(72
) 
INVESTING ACTIVITIES
 
 
  
 
 
 
  
 
 
 
  
 
Purchase of investment securities – available for sale
 
 
(996
) 
 
 
(1,533
) 
 
 
(2,027
) 
Proceeds from maturity of investment securities – available for sale
 
 
3,396
 
 
 
4,669
 
 
 
2,284
 
Proceeds from life insurance policies
 
 
—
 
 
 
719
 
 
 
—
 
NET CASH PROVIDED BY INVESTING ACTIVITIES
 
 
2,400
 
 
 
3,855
 
 
 
257
 
FINANCING ACTIVITIES
 
 
  
 
 
 
  
 
 
 
  
 
Subordinated debt issuance, net
 
 
—
 
 
 
7,418
 
 
 
—
 
Preferred stock redemption
 
 
(21,000
) 
 
 
—
 
 
 
—
 
Preferred stock dividends paid
 
 
(15
) 
 
 
(210
) 
 
 
(210
) 
Common stock dividends paid
 
 
(945
) 
 
 
(754
) 
 
 
(752
) 
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES
 
 
(21,960
) 
 
 
6,454
 
 
 
(962
) 
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS
 
 
(16,396
) 
 
 
16,009
 
 
 
(777
) 
CASH AND CASH EQUIVALENTS AT JANUARY 1
 
 
21,893
 
 
 
5,884
 
 
 
6,661
 
CASH AND CASH EQUIVALENTS AT DECEMBER 31
 
$
5,497
 
 
$
21,893
 
 
$
5,884