SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (REPOs)

12 Months Ended

Dec. 31, 2011

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (REPOs) [Abstract]

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (REPOs)

11.   SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE ("REPOs")

Presented below is information concerning REPOs:

	At or for the Year Ended December 31,
	2011			2010			2009
Balance outstanding at end of period	$	195,000		$	195,000		$	230,000
Average interest cost at end of period		4.33	%		4.33	%		4.32	%
Average balance outstanding during the period	$	195,000		$	203,055		$	230,000
Average interest cost during the period		4.33	%		4.33	%		4.32	%
Estimated fair value of underlying collateral	$	214,446		$	214,539		$	248,694
Maximum balance outstanding at month end during the year	$	195,000		$	230,000		$	230,000

The following table presents a summary of future maturities of REPOs outstanding at December 31, 2011:

Year Ending December 31,	Maturing Balance		Weighted Average Interest Rate
2015	$	55,000		3.20	%
2016		120,000		4.90
2017 and beyond		20,000		3.98
TOTAL	$	195,000		4.33	%