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RELATED PARTY TRANSACTIONS (Tables)
12 Months Ended
Dec. 31, 2012
RELATED PARTY TRANSACTIONS  
Summary of changes in the total amounts of outstanding loans, advances under lines of credit as well as repayments granted to directors, executive officers and their related parties

(in thousands)

 

2012

 

2011

 

Balance January 1,

 

$

87,442

 

$

92,217

 

New loans and advances

 

64,509

 

68,288

 

Repayments

 

(118,655

)

(72,365

)

Other (1)

 

 

(698

)

Balance December 31,

 

$

33,296

 

$

87,442

 

 

 

(1) Other represents loans to related parties that ceased being related parties during the year