BORROWINGS	9 Months Ended
Sep. 30, 2011
BORROWINGS [Abstract]
BORROWINGS	NOTE 7 – BORROWINGS During the second quarter 2011, the Bank entered into agreements to sell securities under agreements to repurchase for up to $400 million in total borrowings. The agreements are treated as financings, and the obligations to repurchase securities sold are reflected as liabilities in the balance sheet. The amount of the mortgage-backed securities underlying the agreements continues to be carried in the Bank's investment securities portfolio. The Bank has agreed to repurchase securities identical to those sold. The securities underlying the agreements are under the Bank's control. At September 30, 2011, the Bank had $110,000 in securities outstanding with an average rate of 0.62%.

BORROWINGS

9 Months Ended

Sep. 30, 2011

NOTE 7 – BORROWINGS

During the second quarter 2011, the Bank entered into agreements to sell securities under agreements to repurchase for up to $400 million in total borrowings. The agreements are treated as financings, and the obligations to repurchase securities sold are reflected as liabilities in the balance sheet. The amount of the mortgage-backed securities underlying the agreements continues to be carried in the Bank's investment securities portfolio. The Bank has agreed to repurchase securities identical to those sold. The securities underlying the agreements are under the Bank's control. At September 30, 2011, the Bank had $110,000 in securities outstanding with an average rate of 0.62%.