PREMISES AND FIXED ASSETS, NET (Tables)

12 Months Ended

Dec. 31, 2014

PREMISES AND FIXED ASSETS, NET [Abstract]

Summary of Premises and Fixed Assets

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

	At December 31, 2014	At December 31, 2013
Land	$7,067	$7,067
Buildings	19,952	19,445
Leasehold improvements	12,045	11,665
Furniture, fixtures and equipment	14,080	13,366
Premises and fixed assets, gross	$53,144	$51,543
Less:  accumulated depreciation and amortization	(28,079)	(25,466)
Premises and fixed assets, net	$25,065	$26,077
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.  This sale was completed during the year ended December 31, 2014, and the net proceeds from the sale exceeded the current book value.