FAIR VALUES OF FINANCIAL INSTRUMENTS (Tables)

3 Months Ended

Mar. 31, 2015

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 March 31, 2015 and December 31, 2014 are approximately as follows:

			March 31, 2015				December 31, 2014
	Level		Carrying amount		Fair value		Carrying amount		Fair value
Financial assets:
Cash and cash equivalents		1	$	254,328	$	254,328	$	229,052	$	229,052
Other equity securities		2		3,934		3,934		3,934		3,934
Loans receivable:
Net loans		3		536,934		533,862		537,979		535,018
Loans held-for-sale		2		4,185		4,275		491		509
Interest receivable		2		2,790		2,790		2,650		2,650
Mortgage servicing rights		3		1,824		1,960		1,862		2,068
Financial liabilities:
Deposits		3		893,508		870,148		857,052		837,150
Interest payable		2		79		79		70		70