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COMMITMENTS AND CONTINGENCIES(Table)
9 Months Ended
Sep. 30, 2012
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block]
The following is a summary of the contractual amount of the Company’s exposure to off-balance sheet commitments at September 30, 2012:
 
Undisbursed lines of credit
$
30,999

Commitments to extend credit
76,417

Financial standby letters of credit
4,196

Capital commitment to private investment fund
175