CONDENSED FINANCIAL INFORMATION (PARENT COMPANY ONLY) (Tables)
12 Months Ended
Dec. 31, 2013
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Condensed Balance Sheet [Table Text Block]
 
 
Condensed Balance Sheets
 
 
 
December 31,
 
(Dollars in thousands)
 
2013
 
2012
 
Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and interest bearing deposits
 
$
147
 
$
333
 
Investment in Bank
 
 
58,490
 
 
67,525
 
Other assets
 
 
91
 
 
72
 
 
 
$
58,728
 
$
67,930
 
 
 
 
 
 
 
 
 
Liabilities and Stockholders' Equity
 
 
 
 
 
 
 
Subordinated debentures
 
$
18,000
 
$
18,000
 
Other liabilities
 
 
7,909
 
 
5,558
 
Stockholders' equity
 
 
32,819
 
 
44,372
 
 
 
$
58,728
 
$
67,930
 
Condensed Income Statement [Table Text Block]
                                                                                                                                                      Condensed Statements of Income/(Loss) 
 
 
Year Ended
 
 
 
December 31,
 
(Dollars in thousands)
 
2013
 
2012
 
2011
 
 
 
 
 
 
 
 
 
 
 
 
Interest income
 
$
-
 
$
-
 
$
41
 
Interest expense
 
 
(1,363)
 
 
(1,444)
 
 
(1,373)
 
Gain on sale of investments
 
 
-
 
 
-
 
 
157
 
Other expenses
 
 
(546)
 
 
(462)
 
 
(226)
 
Income (loss) before income tax benefit
 
 
(1,909)
 
 
(1,906)
 
 
(1,401)
 
Income tax benefit
 
 
-
 
 
-
 
 
(140)
 
Income (loss) before equity in undistributed net income/(loss) of Bank
 
 
(1,909)
 
 
(1,906)
 
 
(1,261)
 
Equity in undistributed net income/(loss) of Bank
 
 
2,650
 
 
(6,487)
 
 
(21,900)
 
Net income/(loss)
 
$
741
 
$
(8,393)
 
$
(23,161)
 
 
 
 
 
 
 
 
 
 
 
 
Comprehensive income (loss)
 
$
(11,097)
 
$
(8,449)
 
$
(17,120)
 
Condensed Cash Flow Statement [Table Text Block]
Condensed Statements of Cash Flows
 
 
 
Year Ended
 
(Dollars in thousands)
 
December 31,
 
 
 
2013
 
2012
 
2011
 
 
 
 
 
 
 
 
 
 
 
 
Operating Activities:
 
 
 
 
 
 
 
 
 
 
Net income/(loss)
 
$
741
 
$
(8,393)
 
$
(23,161)
 
Adjustments to reconcile net income/(loss) to cash provided by operating activities:
 
 
 
 
 
 
 
 
 
 
Equity in undistributed net income/(loss) of Bank
 
 
(2,650)
 
 
6,487
 
 
21,900
 
Gain on sale of investments available-for-sale
 
 
-
 
 
-
 
 
(157)
 
Stock-based compensation expense
 
 
499
 
 
309
 
 
186
 
Changes in:
 
 
 
 
 
 
 
 
 
 
Other assets
 
 
(172)
 
 
(105)
 
 
(113)
 
Accounts payable and other liabilities
 
 
1,351
 
 
1,429
 
 
1,128
 
Net cash from operating activities
 
 
(231)
 
 
(273)
 
 
(217)
 
 
 
 
 
 
 
 
 
 
 
 
Investing Activities:
 
 
 
 
 
 
 
 
 
 
Sales of securities available-for-sale
 
 
-
 
 
-
 
 
448
 
Net cash from investing activities
 
 
-
 
 
-
 
 
448
 
 
 
 
 
 
 
 
 
 
 
 
Financing Activities:
 
 
 
 
 
 
 
 
 
 
Issuance of common stock under dividend reinvestment program
 
 
-
 
 
10
 
 
2
 
Issuance of common stock for employee benefit plans and exercise of stock options
 
 
45
 
 
39
 
 
84
 
Net cash from financing activities
 
 
45
 
 
49
 
 
86
 
 
 
 
 
 
 
 
 
 
 
 
Net change in cash and interest bearing deposits
 
 
(186)
 
 
(224)
 
 
317
 
Cash and interest bearing deposits, beginning of year
 
 
333
 
 
557
 
 
240
 
Cash and interest bearing deposits, end of year
 
$
147
 
$
333
 
$
557