FAIR VALUE MEASUREMENTS (Schedule of Financial Assets Measured at Fair Value on Nonrecurring Basis) (Details) - Nonrecurring - USD ($) |
Sep. 30, 2018 |
Dec. 31, 2017 |
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ASSETS | ||
Impaired loans | $ 2,614,000 | $ 3,229,000 |
Foreclosed properties | 6,800,000 | 5,253,000 |
Former bank premises | 4,615 | 1,383 |
Quoted Prices in Active Markets for Identical Assets Level 1 | ||
ASSETS | ||
Impaired loans | 0 | 0 |
Foreclosed properties | 0 | 0 |
Former bank premises | 0 | 0 |
Significant Other Observable Inputs Level 2 | ||
ASSETS | ||
Impaired loans | 0 | 0 |
Foreclosed properties | 0 | 0 |
Former bank premises | 0 | 0 |
Significant Unobservable Inputs Level 3 | ||
ASSETS | ||
Impaired loans | 2,614,000 | 3,229,000 |
Foreclosed properties | 6,800,000 | 5,253,000 |
Former bank premises | $ 4,615 | $ 1,383 |
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- Definition Fair value measurement with unobservable inputs nonrecurring basis impaired loans asset value. No definition available.
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- Definition Fair Value, Measurement with Unobservable Inputs Reconciliation, Nonrecurring Basis, Asset, Bank Premises No definition available.
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- References No definition available.
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- Definition Carrying amount as of the balance sheet date of other real estate and foreclosed assets. Other real estate may include real estate investments, real estate loans that qualify as investments in real estate, and premises that are no longer used in operations may also be included in real estate owned. Foreclosed assets include all assets obtained in full or partial satisfaction of a debt arrangement through foreclosure proceedings. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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