PREMISES AND FIXED ASSETS, NET (Tables)

12 Months Ended

Dec. 31, 2013

PREMISES AND FIXED ASSETS, NET [Abstract]

Summary of Premises and Fixed Assets

The following is a summary of premises and fixed assets, net:

	December 31, 2013			December 31, 2012
Land	$	7,067		$	7,067
Buildings		19,445			23,332
Leasehold improvements		11,665			10,661
Furniture, fixtures and equipment		13,366			12,793
Premises and fixed assets, gross		51,543			53,853
Less: accumulated depreciation and amortization		(25,466	)		(23,335	)
Premises and fixed assets, gross	$	26,077		$	30,518
Premises held for sale(1)		3,624			-

(1) At December 31, 2013, the Company had a pending contract of sale on a real estate premises with a net book value of $3,624.  The net proceeds from the sale, which is expected to close during the year ending December 31, 2014, are anticipated to exceed the current book value, thus the book value has been retained as its recorded balance as of December 31, 2013.