FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Tables)

9 Months Ended

Sep. 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)	September 30, 2014		December 31, 2013
Undisbursed loan commitments	$	172,630	$	172,563
Standby letters of credit		2,014		2,489
Commitments to sell loans		1,584		3,209
	$	176,228	$	178,261