REGULATORY MATTERS (Tables)

12 Months Ended

Dec. 31, 2012

REGULATORY MATTERS [Abstract]

Summary of Regulatory Capital Requirements

As of December 31, 2012 and 2011, the Bank satisfied all criteria necessary to be categorized as "well capitalized" under the regulatory framework for prompt corrective action.  To be categorized as "well capitalized," the Bank was required to maintain minimum total risk-based, Tier I risk-based, and Tier I leverage ratios as set forth in the following tables:

	Actual					For Capital Adequacy Purposes					To Be Categorized as "Well Capitalized"
As of December 31, 2012	Amount		Ratio			Amount		Ratio			Amount		Ratio
Tangible capital	$	383,042		9.98	%	$	153,493		4.0	%	$	191,866		5.00	%
Leverage capital		383,042		9.98			153,493		4.0	%		191,866		5.00
Tier I risk-based capital (to risk weighted assets)		383,042		12.98			114,191		4.0	%		171,286		6.00
Total risk-based capital (to risk weighted assets)		405,077		13.72			228,232		8.0	%		285,477		10.00

	Actual					For Capital Adequacy Purposes					To Be Categorized as "Well Capitalized"
As of December 31, 2011	Amount		Ratio			Amount		Ratio			Amount		Ratio
Tangible capital	$	359,838		9.11	%	$	118,561		3.0	%	$	197,602		5.00	%
Leverage capital		359,838		9.11			158,082		4.0	%		197,602		5.00
Tier I risk-based capital (to risk weighted assets)		347,822		11.56			120,380		4.0	%		180,570		6.00
Total risk-based capital (to risk weighted assets)		368,317		12.24			240,760		8.0	%		300,950		10.00

Reconciliation of Stockholders' Equity to Regulatory Capital for the Bank

The following is a reconciliation of stockholders' equity to regulatory capital for the Bank:

	At December 31, 2012									At December 31, 2011
	Tangible Capital			Leverage Capital			Total Risk-Based Capital			Tangible Capital			Leverage Capital			Total Risk-Based Capital
Stockholders' equity	$	428,892		$	428,892		$	428,892		$	405,403		$	405,403		$	405,403
Non-allowable assets:
MSR		(111	)		(111	)		(111	)		(162	)		(162	)		(162	)
Accumulated other comprehensive loss		9,899			9,899			9,899			10,235			10,235			10,235
Goodwill		(55,638	)		(55,638	)		(55,638	)		(55,638	)		(55,638	)		(55,638	)
Tier 1 risk-based capital		383,042			383,042			383,042			359,838			359,838			359,838
General regulatory valuation allowance		-			-			22,035			-			-			8,479
Total (Tier 2) risk based capital		383,042			383,042			405,077			359,838			359,838			368,317
Minimum capital requirement		153,493			153,493			228,232			118,561			158,082			240,760
Regulatory capital excess	$	229,549		$	229,549		$	176,845		$	241,277		$	201,756		$	127,557