FAIR VALUES OF FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Sep. 30, 2014

FAIR VALUES OF FINANCIAL INSTRUMENTS [Abstract]

Estimated fair value of financial instruments

The estimated fair values of the Company’s financial instruments for the periods ended September 30, 2014 and December 31, 2013 are approximately as follows:

			September 30, 2014				December 31, 2013
	Level		Carrying amount		Fair value		Carrying amount		Fair value
Financial assets:
Cash and cash equivalents		1	$	246,628	$	246,628	$	177,254	$	177,254
Other equity securities		2		3,934		3,934		3,717		3,717
Loans receivable:
Net loans		3		524,796		523,975		506,850		503,605
Loans held-for-sale		2		1,258		1,287		1,263		1,290
Interest receivable		2		2,701		2,701		2,636		2,636
Mortgage servicing rights		3		1,878		2,126		1,968		2,326
Financial liabilities:
Deposits		3		855,778		841,530		803,787		789,841
Interest payable		2		86		86		71		71