DERIVATIVES AND HEDGING ACTIVITY (Tables)

12 Months Ended

Dec. 31, 2012

Derivatives And Hedging Activity Tables

Schedule of derivative instruments in statement of financial position, Fair Value

	Tabular Disclosure of Fair Values of Derivative Instruments
	Asset Derivatives						Liability Derivatives
	As of December 31, 2012			As of December 31, 2011			As of December 31, 2012			As of December 31, 2011
(in thousands)	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as hedging instruments
Interest rate products	Other Assets	$	30	Other Assets	$	175	Other Liabilities	$	—	Other Liabilities	$	—

Total derivatives designated as hedging instruments		$	30		$	175		$	—		$	—
Derivatives not designated as hedging instruments
Interest rate products	Other Assets	$	76	Other Assets	$	291	Other Liabilities	$	—	Other Liabilities	$	—

Total derivatives not designated as hedging instruments		$	76		$	291		$	—		$	—

Schedule of effect of derivative instruments on the statement of operations

The tables below present the effect of the Company’s derivative financial instruments on the statement of operations for the years ended December 31, 2012, 2011 and 2010.

									Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)								Location of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion)


	Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion)									Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)								Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion)

Derivatives in Cash Flow Hedging Relationships
	Year Ended December 31,									Year Ended December 31,								Year Ended December 31,
	2012			2011			2010			2012			2011		2010			2012		2011		2010
Interest Rate Products	$	(11	)	$	(278	)	$	47	Interest expense	$	(73	)	$	(25)	$	—	Other non- interest income	$	—	$	—	$	—

Total	$	(11	)	$	(278	)	$	47		$	(73	)	$	(25)	$	—		$	—	$	—	$	—

- Definition

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

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- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

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