FHLBNY ADVANCES (Tables)

12 Months Ended

Dec. 31, 2013

FHLBNY ADVANCES [Abstract]

Summary of Future Maturities of FHLBNY Advances Outstanding

The following table presents a summary of future maturities of FHLBNY Advances outstanding at December 31, 2013:

Year Ending December 31,	Maturing Balance		Weighted Average Interest Rate
2014	$	299,500		2.08	%
2015		284,500		2.55
2016		151,000		2.03
2017		132,500		3.07
2018		42,500		1.80
TOTAL	$	910,000		2.35	%