FHLBNY ADVANCES (Tables)

12 Months Ended

Dec. 31, 2014

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, 2014:

Year Ending December 31,	Maturing Balance		Weighted Average Interest Rate
2015	$	569,500		1.48	%
2016		151,000		2.03
2017		302,075		2.04
2018		77,100		1.63
2019		36,250		1.80
After 2019		37,800		2.46
TOTAL	$	1,173,725		1.74	%