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Sale of Credit Card Receivables
12 Months Ended
Dec. 31, 2011
Sale of Credit Card Receivables [Abstract]  
Sale of Credit Card Receivables
SALE OF CREDIT CARD RECEIVABLES

On August 31, 2010, the Company sold credit card receivables for a net gain of $32,600 after termination and deconversion fees. The net book value of the portfolio was $3.2 million for which the Company received approximately $3.4 million in cash proceeds. This transaction was accounted for as a sale and as a result the related credit card receivables have been excluded from the accompanying consolidated balance sheet at December 31, 2011 and 2010. The Company continued to service the credit card accounts until early 2011 as part of the agreement with the purchaser. Any servicing rights are immaterial and have not been recorded on the transaction.