FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Tables)

6 Months Ended

Jun. 30, 2014

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK [Abstract]

Financial instruments whose contract amount represent credit risk

Financial instruments, whose contract amounts represent credit risk at the indicated periods, were as follows:

(in thousands)	June 30, 2014		December 31, 2013
Undisbursed loan commitments	$	170,162	$	172,563
Standby letters of credit		1,854		2,489
Commitments to sell loans		2,848		3,209
	$	174,864	$	178,261