STOCK COMPENSATION PLANS (Tables)

12 Months Ended

Dec. 31, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

A summary of the status of the Company’s Stock Incentive Plan at December 31, 2017, 2016, and 2015, and changes during the years then ended is presented in the table and narrative following:

	YEAR ENDED DECEMBER 31
	2017					2016					2015
	SHARES			WEIGHTED AVERAGE EXERCISE PRICE		SHARES			WEIGHTED AVERAGE EXERCISE PRICE		SHARES			WEIGHTED AVERAGE EXERCISE PRICE
Outstanding at beginning of year		417,566		$	2.76		470,449		$	2.74		559,909		$	2.66
Granted		17,500			3.96		54,000			3.03		32,500			2.96
Exercised		(64,112	)		2.49		(32,661	)		2.27		(75,923	)		2.07
Forfeited		(10,233	)		3.10		(74,222	)		3.04		(46,037	)		3.04
Outstanding at end of year		360,721			2.85		417,566			2.76		470,449			2.74
Exercisable at end of year		308,301			2.79		328,062			2.69		336,555			2.58
Weighted average fair value of options granted in current year				$	1.12				$	0.93				$	0.67

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model with the following assumptions used for grants in 2017, 2016, and 2015.

	YEAR ENDED DECEMBER 31
BLACK-SCHOLES ASSUMPTION RANGES	2017		2016		2015
Risk-free interest rate		2.23 – 2.38%		1.56 – 1.73%		1.97%
Expected lives in years		10		10		10
Expected volatility		28.09 – 28.84%		29%		22%
Expected dividend rate		1.50%		1.35-1.81%		1.35%