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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2018
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] | The Tax Cuts and Jobs Act, enacted on December 22, 2017 lowered the federal corporate income tax rate from 35% to 21% effective January 1, 2018. The expense for income taxes is summarized below:
|  | YEAR ENDED DECEMBER 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
|  | (IN THOUSANDS) |
Current |  | $ | (1,051 | ) |  | $ | 1,044 |  |  | $ | 483 |
Deferred |  |  | 2,665 |  |  |  | 1,679 |  |  |  | 414 |
Change in corporate tax rate |  |  | — |  |  |  | 2,624 |  |  |  | — |
Income tax expense |  | $ | 1,614 |  |  | $ | 5,347 |  |  | $ | 897 |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | The reconciliation between the federal statutory tax rate and the Company’s effective consolidated income tax rate is as follows:
|  | YEAR ENDED DECEMBER 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
|  | AMOUNT |  |  | RATE |  |  | AMOUNT |  |  | RATE |  |  | AMOUNT |  |  | RATE |
|  | (IN THOUSANDS, EXCEPT PERCENTAGES) |
Income tax expense based on federal statutory rate |  | $ | 1,970 |  |  |  | 21.0 | % |  | $ | 2,938 |  |  |  | 34.0 | % |  | $ | 1,090 |  |  |  | 34.0 | %
Tax exempt income |  |  | (131 | ) |  |  | (1.4 | ) |  |  | (283 | ) |  |  | (3.3 | ) |  |  | (255 | ) |  |  | (7.9 | )
Other |  |  | (225 | ) |  |  | (2.4 | ) |  |  | 68 |  |  |  | 0.8 |  |  |  | 62 |  |  |  | 1.9 |
Change in corporate tax rate |  |  | — |  |  |  | — |  |  |  | 2,624 |  |  |  | 30.4 |  |  |  | — |  |  |  | — |
Total expense for income taxes |  | $ | 1,614 |  |  |  | 17.2 | % |  | $ | 5,347 |  |  |  | 61.9 | % |  | $ | 897 |  |  |  | 28.0 | %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | The following table highlights the major components comprising the deferred tax assets and liabilities for each of the periods presented:
|  | AT DECEMBER 31, |
|  | 2018 |  |  | 2017 |
|  | (IN THOUSANDS) |
DEFERRED TAX ASSETS: |  |  |  |  |  |  |  |
Allowance for loan losses |  | $ | 1,821 |  |  | $ | 2,145 |
Unfunded commitment reserve |  |  | 187 |  |  |  | 192 |
Unrealized investment security losses |  |  | 374 |  |  |  | 87 |
Premises and equipment |  |  | 1,056 |  |  |  | 804 |
Accrued pension obligation |  |  | 144 |  |  |  | 948 |
Alternative minimum tax credits |  |  | — |  |  |  | 1,724 |
Other |  |  | 255 |  |  |  | 219 |
Total tax assets |  |  | 3,837 |  |  |  | 6,119 |
DEFERRED TAX LIABILITIES: |  |  |  |  |  |  |  |
Investment accretion |  |  | (90 | ) |  |  | (33 | )
Other |  |  | (110 | ) |  |  | (123 | )
Total tax liabilities |  |  | (200 | ) |  |  | (156 | )
Net deferred tax asset |  | $ | 3,637 |  |  | $ | 5,963 |
Schedule Of Changes In Deferred Taxes [Table Text Block] | The change in net deferred tax assets and liabilities consist of the following:
|  | YEAR ENDED DECEMBER 31, |
|  | 2018 |  |  | 2017 |
|  | (IN THOUSANDS) |
Unrealized gains recognized in comprehensive income |  | $ | 288 |  |  | $ | 53 |
Pension obligation of the defined benefit plan not yet recognized in income |  |  | 51 |  |  |  | (442 | )
Deferred provision for income taxes |  |  | (2,665 | ) |  |  | (1,679 | )
Change in corporate tax rate |  |  | — |  |  |  | (2,624 | )
Net decrease |  | $ | (2,326 | ) |  | $ | (4,692 | )

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 + Details
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