COMMITMENTS AND CONTINGENCIES(Table)

3 Months Ended

Mar. 31, 2013

Commitments and Contingencies Disclosure [Abstract]

Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block]

The following table is a summary of the contractual amount of the Company’s exposure to off-balance sheet commitments.



	March 31, 2013		December 31, 2012

Commitments to extend credit	$	184,682	$	156,580
Financial standby letters of credit	4,409		4,415
Capital commitment to private investment funds	2,025		175

The reserve for unfunded commitments was $128 and $112 as of March 31, 2013 and December 31, 2012, respectively, which was recorded in other liabilities on the consolidated balance sheets.

- Definition

Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined) which are not recognized in the financial statements (off-balance sheet) because they fail to meet some other criterion for recognition.

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Reference 3: http://www.xbrl.org/2003/role/presentationRef

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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