FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Tables)

3 Months Ended

Mar. 31, 2015

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)	March 31, 2015		December 31, 2014
Undisbursed loan commitments	$	184,011	$	171,019
Standby letters of credit		2,132		2,099
Commitments to sell loans		4,594		1,230
	$	190,737	$	174,348