REGULATORY MATTERS (Tables)

12 Months Ended

Dec. 31, 2015

REGULATORY MATTERS [Abstract]

Summary of Regulatory Capital Requirements

Actual and required capital amounts and ratios as of December 31, 2015 are presented below :

	Actual					For Capital Adequacy Purposes(1)					To Be Categorized as "Well Capitalized"(1)
As of December 31, 2015	Amount		Ratio			Amount		Minimum Ratio			Amount			Minimum Ratio
Tier 1 Capital / % of average total assets
Bank	$	440,374		9.17	%	$	194,314		4.0	%	$	242,892			5.0	%
Consolidated Company		447,111		10.70			195,008		4.0			N/	A		N/	A
Common equity Tier 1 capital /     % of risk weighted assets
Bank		440,374		11.55			171,628		4.5			247,908			6.5
Consolidated Company		447,111		11.67			172,456		4.5			N/	A		N/	A
Tier 1 Capital / % of risk weighted assets
Bank		440,374		11.55			228,838		6.0			305,117			8.0
Consolidated Company		515,626		13.45			229,941		6.0			N/	A		N/	A
Total Capital / % of risk weighted assets
Bank		458,938		12.03			305,117		8.0			381,397			10.0
Consolidated Company		534,190		13.94			306,588		8.0			N/	A		N/	A

(1) In accordance with the Basel III rules.

Prior to the adoption of the Basel III rules on January 1, 2015, the consolidated Company was not required to maintain minimum capital ratios in order to be deemed either adequately or well capitalized.

Actual and required capital amounts and ratios for the Bank as of December 31, 2014 (in accordance with Basel I rules) are presented below:

	Actual					For Capital Adequacy Purposes					To Be Categorized as "Well Capitalized"
As of December 31, 2014	Amount		Ratio			Amount		Ratio			Amount		Ratio
Tangible capital/ % of adjusted total assets	$	406,910		9.20	%	$	176,998		4.0	%	$	221,247		5.00	%
Tier 1 Capital / % of adjusted total assets		406,910		9.20			176,998		4.0			221,247		5.00
Tier 1 Capital / % of risk weighted assets		406,910		12.33			131,994		4.0			197,991		6.00
Total Capital / % of risk weighted assets		425,428		12.89			263,988		8.0			329,985		10.00