OTHER REAL ESTATE OWNED (Tables)

12 Months Ended

Dec. 31, 2012

OTHER REAL ESTATE OWNED

Schedule reflecting the components of OREO

	December 31,
(in thousands)	2012		2011
Land / Lots	$	2,929	$	4,443
Commercial Real Estate	1,054		1,695
Residential Real Estate	—		820
Total Other Real Estate Owned	$	3,983	$	6,958

Schedule reflecting the activity in OREO

	For the Years Ended December 31,
(in thousands)	2012			2011			2010
Balance, beginning of year	$	6,958		$	9,633		$	11,184
Additions	1,586			3,995			9,928
Write-downs	(1,206		)	(2,318		)	(5,906		)
Carrying value of OREO sold	(3,355		)	(4,352		)	(5,573		)
Balance, end of year	$	3,983		$	6,958		$	9,633

Schedule of components of net expense of OREO

	For the Years Ended December 31,
(in thousands)	2012		2011		2010
Insurance	$	65	$	58	$	72
Legal fees	66		235		138
Maintenance	147		63		273
Losses from the operation of foreclosed properties	24		22		685
Professional Fees	211		250		25
Real estate taxes	287		724		385
Utilities	21		48		25
Impairment charges	1,206		2,318		5,906
Other	—		2		12
Total	$	2,027	$	3,720	$	7,521