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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
 
 
YEAR ENDED DECEMBER 31,
 
  
 
2018
 
 
2017
 
 
2016
 
  
 
(IN THOUSANDS, EXCEPT PER SHARE DATA)
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
7,768
 
 
$
3,293
 
 
$
2,310
 
Preferred stock dividends
 
 
 
 
 
 
 
 
15
 
Net income available to common shareholders
 
$
7,768
 
 
$
3,293
 
 
$
2,295
 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding (basic)
 
 
17,933
 
 
 
18,498
 
 
 
18,896
 
Effect of stock options
 
 
104
 
 
 
102
 
 
 
59
 
Weighted average common shares outstanding (diluted)
 
 
18,037
 
 
 
18,600
 
 
 
18,955
 
Earnings per common share:
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
$
0.43
 
 
$
0.18
 
 
$
0.12
 
Diluted
 
 
0.43
 
 
 
0.18
 
 
 
0.12