EMPLOYEE BENEFIT PLANS (Tables)

12 Months Ended

Dec. 31, 2012

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Combined Stock Option Activity Related to the Stock Plans

Combined stock option activity related to the Stock Plans was as follows:

	At or for the Year Ended December 31,
	2012		2011		2010
Options outstanding – beginning of period		2,893,760		3,213,007		3,266,920
Options granted		24,440		91,583		97,294
Weighted average exercise price of grants	$	13.86	$	15.46	$	12.75
Options exercised		455,051		385,758		87,825
Weighted average exercise price of exercised options	$	12.32	$	10.93	$	11.53
Options forfeited		7,012		25,072		63,382
Weighted average exercise price of forfeited options	$	19.90	$	15.76	$	12.66
Options outstanding - end of period(1)		2,456,137		2,893,760		3,213,007
Weighted average exercise price of outstanding    options - end of period	$	15.63	$	15.13	$	14.63
Remaining options available for grant		249,230		412,588		623,304
Vested options at end of period		2,317,799		2,682,156		2,792,434
Weighted average exercise price of vested    options – end of period	$	15.78	$	15.30	$	14.92
Cash received for option exercise cost		5,608		3,669		1,012
Income tax benefit recognized		319		371		27
Compensation expense recognized		309		528		967
Remaining unrecognized compensation expense		335		543		567
Weighted average remaining years for which    compensation expense is to be recognized		1.8		2.7		1.7
Intrinsic value of options exercised during the period	$	871	$	1,209	$	251
Intrinsic value of outstanding options at period end		722		639		4,003
Intrinsic value of vested options at period end		531		395		3,132

(1) At December 31, 2012, 2011 and 2010, respectively, all outstanding options were ultimately expected to vest.

Range of Exercise Prices and Weighted-Average Remaining Contractual Lives of Both Outstanding and Vested Options

The range of exercise prices and weighted-average remaining contractual lives of both outstanding and vested options (by option exercise cost) as of December 31, 2012 were as follows:

		Outstanding Options				Vested Options
Exercise Prices		Amount		Weighted Average Contractual Years Remaining		Amount		Weighted Average Contractual Years Remaining
$	8.34		71,148		6.3		42,532		7.3
$	12.75		78,871		7.3		51,407		8.3
$	13.16		146,708		0.1		146,708		1.1
$	13.74		859,375		4.3		859,375		5.3
$	13.86		24,440		9.3		-		-
$	14.92		34,425		5.2		34,425		6.2
$	15.10		318,492		2.4		318,492		3.4
$	15.46		91,583		8.3		33,765		9.3
$	16.45		76,320		2.1		76,320		3.1
$	16.73		51,943		5.6		51,943		6.6
$	18.18		80,000		5.4		80,000		6.4
$	19.90		622,832		1.1		622,832		2.1
Total			2,456,137		3.4		2,317,799		3.1

Weighted Average Fair Value per Option at the Date of Grant for Stock Options Granted

The weighted average fair value per option at the date of grant for stock options granted during the years indicated was estimated as follows:

	Year Ended December 31,
	2012			2011			2010
Estimated fair value on date of grant	$	4.09		$	4.82		$	3.70
Pricing methodology utilized	Black- Scholes			Black- Scholes			Black- Scholes
Expected life (in years)		6.53			6.80			5.99
Interest rate		1.21	%		2.59	%		2.76	%
Volatility		45.17			42.35			43.69
Dividend yield		4.04			3.62			4.39

Summary of Activity Related to the Restricted Stock Awards Granted

The following is a summary of activity related to the restricted stock awards granted under the 2004 Stock Incentive Plan:

	At or for the Year Ended December 31,
	2012		2011		2010
Unvested allocated shares – beginning of period		324,454		309,783		295,066
Shares granted		141,289		126,304		143,083
Shares vested		135,369		109,649		95,107
Shares forfeited		2,371		1,984		33,259
Unvested allocated shares – end of period		328,003		324,454		309,783
Unallocated shares – end of period		-		-	‑
Compensation recorded to expense	$	1,842	$	1,578	$	1,228
Income tax benefit recognized		70		60		85
Fair value of shares vested during the period	$	1,834	$	1,671	$	1,204
Weighted average remaining years for which    compensation expense is to be recognized		1.3		1.3		1.3

Employee Retirement Plan [Member]

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

The Net Periodic (Credit) Cost

The net periodic cost for the Employee Retirement Plan included the following components:

	Year Ended December 31,
	2012			2011			2010
Interest cost	$	921		$	1,012		$	1,072
Expected return on plan assets		(1,451	)		(1,442	)		(1,386	)
Actuarial adjustment		-			-			156
Net amortization and deferral		1,792			1,004			1,005
Net periodic cost	$	1,262		$	574		$	847

Schedule of Accumulated and Projected Benefit Obligations

The funded status of the Employee Retirement Plan was as follows:

	At December 31,
	2012			2011
Accumulated benefit obligation at end of period	$	24,640		$	22,907
Reconciliation of Projected benefit obligation:
Projected benefit obligation at beginning of period	$	22,907		$	19,870
Actuarial adjustment		-			-
Interest cost		921			1,012
Actuarial loss		1,883			3,136
Benefit payments		(1,071	)		(1,058	)
Settlements		-			(53	)
Projected benefit obligation at end of period		24,640			22,907
Plan assets at fair value (investments in trust funds managed by trustee)
Balance at beginning of period		20,030			18,089
Return on plan assets		1,956			(304	)
Contributions		43			3,356
Benefit payments		(1,071	)		(1,058	)
Settlements		-			(53	)
Balance at end of period		20,958			20,030
Funded status:
Deficiency of plan assets over projected benefit obligation		(3,682	)		(2,877	)
Unrecognized loss from experience different from that assumed		N/	A		N/	A
Accrued retirement expense included in other liabilities	$	(3,682	)	$	(2,877	)

Change in Accumulated Other Comprehensive Income (Loss)

The change in accumulated other comprehensive income (loss) that resulted from the Employee Retirement Plan is summarized as follows:

	At December 31,
	2012			2011
Balance at beginning of period	$	(15,193	)	$	(11,315	)
Adjustment for change in actuarial calculation		-			-
Amortization of loss		1,792			1,004
Loss recognized during the year		(1,379	)		(4,882	)
Balance at the end of the period	$	(14,780	)	$	(15,193	)
Period end component of accumulated other comprehensive loss (net of tax)		8,107			8,333

Schedule of Assumptions Used

Major assumptions utilized to determine the net periodic cost (credit) of the benefit obligations were as follows:

	At or for the Year Ended December 31,
	2012			2011
Discount rate used for net periodic cost (credit)		4.15	%		5.26	%
Discount rate used to determine benefit obligation at period end		3.67			4.15
Expected long-term return on plan assets used for net periodic cost (credit)		7.50			8.25
Expected long-term return on plan assets used to determine benefit obligation at period end		7.50			7.50

Fair Value Hierarchy of Plan's Investments

The following table sets forth by level within the fair value hierarchy a summary of the Employee Retirement Plan's investments measured at fair value on a recurring basis at December 31, 2012 (See Note 17 for a discussion of the fair value hierarchy).

	Fair Value Measurements Using
Description	Quoted Prices in Active Markets  for Identical Assets (Level 1)	Significant Other Observable Inputs (Level 2)	Significant Unobservable Inputs(Level 3)	Total
Mutual Funds (all registered and publicly traded):
Domestic Large Cap	$3,437	-	-	$3,437
Domestic Small Cap	2,596	-	-	2,596
International Equity	2,414			2,414
Common collective investment funds
Domestic Large Cap	-	5,022	-	5,022
Fixed Income	-	7,489	-	7,489
Total Plan Assets				$20,958

The following table sets forth by level within the fair value hierarchy a summary of the Employee Retirement Plan's investments measured at fair value on a recurring basis at December 31, 2011 (See Note 17 for a discussion of the fair value hierarchy).

	Fair Value Measurements Using
Description	Quoted Prices in Active Markets  for Identical Assets (Level 1)	Significant Other Observable Inputs (Level 2)	Significant Unobservable Inputs(Level 3)	Total
Mutual Funds (all registered and publicly traded) :
Domestic Large Cap	$1,793	-	-	$1,793
Domestic Small Cap	2,366	-	-	2,366
Common collective investment funds
Domestic Large Cap	-	6,045	-	6,045
International Equity	-	2,207	-	2,207
Fixed Income	-	7,619	-	7,619
Total Plan Assets				$20,030

Weighted Average Allocation by Asset Category of the Assets

The weighted average allocation by asset category of the assets of the Employee Retirement Plan were summarized as follows:

	At December 31,
	2012			2011
Asset Category
Equity securities		64	%		62	%
Debt securities (bond mutual funds)		36			38
Total		100	%		100	%

The allocation percentages in the above table were consistent with future planned allocation percentages as of December 31, 2012 and 2011, respectively.

Schedule of Expected Future Benefit Payments

Benefit payments, which reflect expected future service (as appropriate), are anticipated to be made as follows:

Year Ending December 31,
2013	$	1,487
2014		1,469
2015		1,478
2016		1,475
2017		1,449
2018 to 2022		6,996

Postretirement Benefit Plans [Member]

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

The Net Periodic (Credit) Cost

The Postretirement Benefit Plan net periodic cost included the following components:

	Year Ended December 31,
	2012		2011		2010
Service cost	$	83	$	133	$	114
Interest cost		236		345		316
Unrecognized past service liability	-		-		-
Amortization of unrealized loss		2		116		55
Net periodic cost	$	321	$	594	$	485

Schedule of Accumulated and Projected Benefit Obligations

The funded status of the Postretirement Benefit Plan was as follows:

	At December 31,			At December 31,
	2012			2011
Accumulated benefit obligation at end of period	$	6,191		$	8,988
Reconciliation of projected benefit obligation:
Projected benefit obligation at beginning of period	$	8,988		$	6,372
Adjustment for change in measurement date	-			-
Service cost		83			133
Interest cost		236			345
Actuarial (gain) loss		(2,955	)		2,316
Benefit payments		(161	)		(178	)
Projected benefit obligation at end of period		6,191			8,988
Plan assets at fair value:
Balance at beginning of period	-			-
Contributions		161			178
Benefit payments		(161	)		(178	)
Balance at end of period	-			-
Funded status:
Deficiency of plan assets over projected benefit obligation		(6,191	)		(8,988	)
Unrecognized loss from experience different from that assumed		N/	A		N/	A
Unrecognized net past service liability		N/	A		N/	A
Accrued expense included in other liabilities	$	(6,191	)	$	(8,988	)

Change in Accumulated Other Comprehensive Income (Loss)

The change in accumulated other comprehensive income (loss) that resulted from the Postretirement Benefit Plan is summarized as follows:

	At December 31,
	2012			2011
Balance at beginning of period	$	(4,007	)	$	(1,856	)
Amortization of loss		2			116
Gain (Loss) recognized during the year		3,005			(2,267	)
Balance at the end of the period	$	(1,000	)	$	(4,007	)
Period end component of accumulated other comprehensive loss (net of tax)		549			2,198

Schedule of Assumptions Used

Major assumptions utilized to determine the net periodic cost were as follows:

	At or for the Year Ended December 31,
	2012			2011
Discount rate used for net periodic cost (credit)		4.28	%		5.48	%
Rate of increase in compensation levels used for net periodic cost (credit)		3.50			3.50
Discount rate used to determine benefit obligation at period end		3.72			4.28
Rate of increase in compensation levels used to determine benefit obligation at period end		3.50			3.50

Schedule of Expected Future Benefit Payments

Benefit payments under the Postretirement Benefit Plan, which reflect expected future service (as appropriate), are expected to be made as follows:

Year Ending December 31,
2013	$	187
2014		194
2015		202
2016		210
2017		216
2018 to 2022		1,134

BMP and Director Retirement Plan [Member]

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

The Net Periodic (Credit) Cost

The combined net periodic cost for the defined benefit portions of the BMP and the Director Retirement Plan included the following components:

	Year Ended December 31,
	2012		2011		2010
Service cost	$	-	$	-	$	-
Interest cost		304		346		358
Actuarial adjustment		-		-		198
Unrecognized gain		371		242		46
Net periodic cost	$	675	$	588	$	602

Schedule of Accumulated and Projected Benefit Obligations

The combined funded status of the defined benefit portions of the BMP and the Director Retirement Plan was as follows:

	At December 31,
	2012			2011
Accumulated benefit obligation at end of period	$	8,958		$	8,112
Reconciliation of projected benefit obligation:
Projected benefit obligation at beginning of period	$	8,112		$	7,186
Adjustment for change in measurement date		-			-
Service cost		-			-
Interest cost		304			346
Benefit payments		(159	)		(129	)
Actuarial loss		701			709
Projected benefit obligation at end of period		8,958			8,112
Plan assets at fair value:
Balance at beginning of period		-			-
Contributions		159			129
Benefit payments		(159	)		(129	)
Balance at end of period		-			-
Funded status:
Deficiency of plan assets over projected benefit obligation		(8,958	)		(8,112	)
Contributions by employer		N/	A		N/	A
Unrecognized (gain) loss from experience different from that assumed		N/	A		N/	A
Unrecognized net past service liability		N/	A		N/	A
Accrued expense included in other liabilities	$	(8,958	)	$	(8,112	)

Change in Accumulated Other Comprehensive Income (Loss)

The combined change in accumulated other comprehensive income that resulted from the BMP and Director Retirement Plan is summarized as follows:

	At December 31,
	2012			2011
Balance at beginning of period	$	(1,710	)	$	(1,242	)
Adjustment for change in actuarial calculation		-			-
Amortization of loss		372			242
Loss recognized during the year		(701	)		(710	)
Balance at the end of the period	$	(2,039	)	$	(1,710	)
Period end component of accumulated other comprehensive loss (net of tax)		1,119			938

Schedule of Assumptions Used

Major assumptions utilized to determine the net periodic cost and benefit obligations for both the BMP and Director Retirement Plan were as follows:

	At or For the Year Ended December 31,
	2012			2011
Discount rate used for net periodic cost (credit) – BMP		3.77	%		4.82	%
Discount rate used for net periodic cost (credit) – Director Retirement Plan		3.84			4.92
Discount rate used to determine BMP benefit obligation at period end		3.09			3.77
Discount rate used to determine Director Retirement Plan benefit obligation at period end		3.30			3.84

Schedule of Expected Future Benefit Payments

Combined benefit payments under the BMP and Director Retirement Plan, which reflect expected future service (as appropriate), are anticipated to be made as follows:

Year Ending December 31,
2013	$	669
2014		667
2015		662
2016		686
2017		670
2018 to 2022		3,122