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INVESTMENT AND MORTGAGE-BACKED SECURITIES (Tables)
 12 Months Ended
Dec. 31, 2015
INVESTMENT AND MORTGAGE-BACKED SECURITIES [Abstract]  
Amortized Cost And Estimated Fair Value Of Available For Sale And Held To Maturity Securities
The following is a summary of major categories of securities owned by the Company excluding trading securities at December 31, 2015:
  
Purchase
Amortized/ Historical Cost
  
Recorded Amortized/
Historical Cost (1)
  
Unrealized
Gains
  
Unrealized Losses
  
Fair
Value
 
Investment securities held-to-maturity:
          
Pooled bank trust preferred securities ("TRUPS")
 
$
15,344
  
$
5,242
  
$
2,154
  
$
(345
)
 
$
7,051
 
Available-for-sale securities:
                    
Investment securities
                    
   Registered Mutual Funds
  
3,990
   
3,990
   
25
   
(259
)
  
3,756
 
MBS
                    
   Pass-through MBS issued by Government Sponsored Entities ("GSEs")
  
418
   
418
   
13
   
-
   
431
 
(1)  Amount represents the purchase amortized / historical cost less any OTTI charges (credit or non-credit related) previously recognized.  For the TRUPS, amount is also net of the $807 unamortized portion of the unrealized loss that was recognized in accumulated other comprehensive loss on September 1, 2008 (the day on which these securities were transferred from available-for-sale to held-to-maturity).

The following is a summary of major categories of securities owned by the Company (excluding trading securities) at December 31, 2014:

  
Purchase
Amortized/ Historical Cost
  
Recorded Amortized/
Historical Cost (1)
  
Unrealized
Gains
  
Unrealized Losses
  
Fair
Value
 
Investment securities held-to-maturity:
          
TRUPS
 
$
15,815
  
$
5,367
  
$
1,119
  
$
(171
)
 
$
6,315
 
Available-for-sale securities:
                    
Investment securities
                    
   Registered Mutual Funds
  
3,860
   
3,860
   
-
   
(124
)
  
3,736
 
   Agency notes
  
70
   
70
   
-
   
-
   
70
 
MBS
                    
   Pass-through MBS issued by GSEs
  
24,154
   
24,154
   
1,453
   
-
   
25,607
 
   Private issuer pass through MBS
  
449
   
449
   
6
   
-
   
455
 
   Private issuer Collateralized Mortgage Obligations ("CMOs")
  
343
   
343
   
4
   
-
   
347
 
(1)  Amount represents the purchase amortized / historical cost less any OTTI charges (credit or non-credit related) previously recognized.  For the TRUPS, amount is also net of the $932 unamortized portion of the unrealized loss that was recognized in accumulated other comprehensive loss on September 1, 2008 (the day on which these securities were transferred from available-for-sale to held-to-maturity).
Activity Related to Transfer Loss
On September 1, 2008, the Bank transferred eight TRUPS (i.e., investment securities primarily secured by the preferred debt obligations of a pool of U.S. banks with a small portion secured by debt obligations of insurance companies) with an amortized cost of $19,922 from its available-for-sale portfolio to its held-to-maturity portfolio.  Based upon the lack of an orderly market for these securities, management determined that a formal election to hold them to maturity was consistent with its initial investment decision.  On the date of transfer, the unrealized loss of $8,420 on these securities continued to be recognized as a component of accumulated other comprehensive loss within the Company's consolidated stockholders' equity (net of income tax benefit), and was expected to be amortized over the remaining average life of the securities, which approximated 21.1 years on a weighted average basis.  Activity related to this transfer loss was as follows:


  
For the Year Ended December 31,
 
  
2015
  
2014
 
Cumulative balance at the beginning of the period
 
$
932
  
$
997
 
Amortization
  
(125
)
  
(65
)
Cumulative balance at end of the period
 
$
807
  
$
932
 
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Table Text Block]
The following table provides a reconciliation of the pre-tax OTTI charges recognized on the Company's TRUPS:

  
At or for the Year Ended December 31, 2015
 
  
Credit Related OTTI Recognized in Earnings
  
Non-Credit OTTI Recognized in Accumulated Other Comprehensive Loss
  
Total OTTI Charge
 
Cumulative pre-tax balance at the beginning of the period
 
$
8,945
  
$
569
  
$
9,514
 
Accretion (Amortization) of previously recognized OTTI
  
(228
)
  
9
   
(219
)
Cumulative pre-tax balance at end of the period
 
$
8,717
  
$
578
  
$
9,295
 


  
At or for the Year Ended
December 31, 2014
  
At or for the Year Ended
December 31, 2013
 
  
Credit Related
OTTI Recognized
in Earnings
  
Non-Credit OTTI Recognized in Accumulated Other Comprehensive Loss
  
Total
OTTI Charge
  
Credit Related OTTI Recognized in Earnings
  
Non-Credit OTTI Recognized in Accumulated Other Comprehensive Loss
  
Total OTTI Charge
 
Cumulative pre-tax balance at the beginning of
   the period
 
$
8,945
  
$
601
  
$
9,546
  
$
8,945
  
$
634
  
$
9,579
 
Amortization of previously recognized OTTI
  
-
   
(32
)
  
(32
)
  
-
   
(33
)
  
(33
)
Cumulative pre-tax balance at end of the period
 
$
8,945
  
$
569
  
$
9,514
  
$
8,945
  
$
601
  
$
9,546
 

There was no activity related to OTTI charges recognized on the Company's registered mutual funds during the year ended December 31, 2015. The following table provides a reconciliation of the pre-tax OTTI charges recognized on the Company's registered mutual funds for the years ended December 31, 2014 and 2013:

  
At or For the Year Ended December 31,
 
  
2014
  
2013
 
Cumulative balance at the beginning of the period
 
$
106
  
$
348
 
Reduction of OTTI for securities sold during the period
  
(106
)
  
(242
)
Cumulative balance at end of the period
 
$
-
  
$
106
 
Schedule of Temporary Impairment Losses, Investments [Table Text Block]
The following table summarizes the gross unrealized losses and fair value of investment securities as of December 31, 2015, aggregated by investment category and the length of time the securities were in a continuous unrealized loss position:

  
Less than 12
Months Consecutive
Unrealized Losses
  
12 Months or More
Consecutive
Unrealized Losses
  
Total
 
  
Fair Value
  
Gross Unrecognized/
Unrealized Losses
  
Fair Value
  
Gross Unrecognized/
Unrealized Losses
  
Fair Value
  
Gross
Unrecognized/
Unrealized Losses
 
Held-to-Maturity Securities:
            
TRUPS
 
$
-
  
$
-
  
$
2,359
  
$
345
  
$
2,359
  
$
345
 
Available-for-Sale Securities:
                        
Registered Mutual Funds
  
3,026
   
259
   
-
   
-
   
3,026
   
259
 

The following table summarizes the gross unrealized losses and fair value of investment securities as of December 31, 2014, aggregated by investment category and the length of time the securities were in a continuous unrealized loss position:

  
Less than 12
Months Consecutive
Unrealized Losses
  
12 Months or More
Consecutive
Unrealized Losses
  
Total
 
  
Fair Value
  
Gross Unrecognized/
Unrealized Losses
  
Fair Value
  
Gross Unrecognized/
Unrealized Losses
  
Fair Value
  
Gross Unrecognized//
Unrealized Losses
 
Held-to-Maturity Securities:
            
TRUPS
 
$
-
  
$
-
  
$
2,571
  
$
163
  
$
2,571
  
$
163
 
Available-for-Sale Securities:
                        
Registered Mutual Funds
  
3,736
   
124
   
-
   
-
   
3,736
   
124