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REGULATORY RESTRICTION ON DIVIDEND
12 Months Ended
Dec. 31, 2016
Disclosure of Restrictions on Dividends, Loans and Advances Disclosure [Abstract]  
REGULATORY RESTRICTION ON DIVIDEND
REGULATORY RESTRICTION ON DIVIDEND

The approval of the regulatory agencies is required if the total of all dividends declared by the Bank in any calendar year exceeds the Bank’s net profits, as defined, for that year combined with its retained net profits for the preceding two calendar years.