FAIR VALUE MEASUREMENT (Tables)

3 Months Ended

Mar. 31, 2013

FAIR VALUE MEASUREMENT [Abstract]

Assets and liabilities measured at fair value on a recurring basis

The table below presents the recorded amount of assets and liabilities measured at fair value on a recurring basis as of March 31, 2013.

	(in thousands)
March 31, 2013	Total		Level 1		Level 2		Level 3
U.S. Treasury securities	$	1,004	$	1,004	$	—	$	—
Securities of U.S. government
agencies and corporations		50,964		—		50,964		—
Obligations of states and
political subdivisions		29,162		—		29,162		—
Collateralized mortgage obligations		7,368		—		7,368
Mortgage-backed securities		113,363		—		113,363		—
Total investments at fair value	$	201,861	$	1,004	$	200,857	$	—

The table below presents the recorded amount of assets and liabilities measured at fair value on a recurring basis as of December 31, 2012.

	(in thousands)
December 31, 2012	Total		Level 1		Level 2		Level 3
U.S. Treasury securities	$	1,005	$	1,005	$	—	$	—
Securities of U.S. government
agencies and corporations		28,305		—		28,305		—
Obligations of states and
political subdivisions		28,786		—		28,786		—
Collateralized mortgage obligations		8,278		—		8,278
Mortgage-backed securities		118,117		—		118,117		—
Total investments at fair value	$	184,491	$	1,005	$	183,486	$	—

Assets measured at fair value on a non-recurring basis

Assets measured at fair value on a non-recurring basis are included in the table below by level within the fair value hierarchy as of March 31, 2013.

	(in thousands)
March 31, 2013	Total		Level 1		Level 2		Level 3
Impaired loans	$	121	$	—	$	—	$	121
Other real estate owned		1,062		—		—		1,062
Loan servicing rights		1,438		—		—		1,438
Total assets at fair value	$	2,621	$	—	$	—	$	2,621

Assets measured at fair value on a non-recurring basis are included in the table below by level within the fair value hierarchy as of December 31, 2012.

	(in thousands)
December 31, 2012	Total		Level 1		Level 2		Level 3
Impaired loans	$	2,513	$	—	$	—	$	2,513
Other real estate owned		1,062		—		—		1,062
Loan servicing rights		1,224		—		—		1,224
Total assets at fair value	$	4,799	$	—	$	—	$	4,799