FAIR VALUE (Tables)

9 Months Ended

Sep. 30, 2013

Fair Value Disclosures [Abstract]

Schedule Of Carrying Amount and Fair Values Of Financial Instruments [Table Text Block]

The following is a summary of the carrying values and estimated fair values of the Company’s significant financial instruments as of September 30, 2013 and December 31, 2012:

			September 30, 2013			December 31, 2012
	Fair Value		Carrying		Fair		Carrying		Fair
(In thousands)	Hierarchy Level		Value		Value		Value		Value
Financial Assets
Cash and cash equivalents	Level 1	$	26,442	$	26,442	$	23,229	$	23,229
Investment securities, available-for-sale:
Mutual fund - mortgage-backed securities	Level 1		506		506		-		-
Other	Level 2		27,480		27,480		23,484		23,484
Investment securities, held-to-maturity	Level 2		19,257		19,356		25,519		26,107
Loans held for sale	Level 2		653		653		2,761		2,761
Loans receivable, net:
Performing	Level 2		364,889		372,348		386,904		405,977
Impaired	Level 3		16,085		16,085		30,709		30,709
Accrued interest receivable	Level 1		1,473		1,473		1,761		1,761
Mortgage servicing assets	Level 3		1,121		1,560		1,039		1,633
FHLB Stock	Level 3		5,444		5,444		5,917		5,917
Financial Liabilities
Demand deposits, savings, Now and
money market deposits	Level 1		232,685		234,057		226,524		228,851
Time deposits	Level 2		155,313		157,354		176,378		179,125
FHLB advances	Level 2		29,031		29,933		41,476		42,453
Borrowed funds	Level 2		5,025		5,025		6,394		6,398
Mortgagors' escrow accounts	Level 2		2,349		2,349		4,628		4,628
Accrued interest payable	Level 1		60		60		99		99

Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block]

The following table represents a further breakdown of investment securities and other financial instruments measured at fair value on a recurring basis.

	Fair Value At September 30, 2013
(In thousands)	Level 1		Level 2		Level 3		Total
Assets measured at fair value on a recurring basis:
Available-for-sale investment securities:
U.S. Government and agency obligations	$	-	$	6,634	$	-	$	6,634
U.S. Government agency mortgage-backed obligations		-		10,499		-		10,499
U.S. Government agency collateralized mortgage obligations		-		3,907		-		3,907
Private label collateralized mortgage obligations		-		269		-		269
Auction-rate trust preferred securities		-		6,171		-		6,171
Mutual fund - mortgage-backed securities		506		-				506
	Fair Value At December 31, 2012
(In thousands)	Level 1		Level 2		Level 3		Total
Assets measured at fair value on a recurring basis:
Available-for-sale investment securities:
U.S. Government and agency obligations	$	-	$	1,029	$	-	$	1,029
U.S. Government agency mortgage-backed obligations		-		13,960		-		13,960
U.S. Government agency collateralized mortgage obligations		-		985		-		985
Private label collateralized mortgage obligations		-		294		-		294
Auction-rate trust preferred securities		-		7,216		-		7,216

Schedule Of Fair Value On Recurring Basis [Table Text Block]

The following table represents assets measured at fair value on a non-recurring basis.

	Fair Value At September 30, 2013
(In thousands)	Level 1		Level 2		Level 3		Total
Assets measured at fair value on a non-recurring basis:
Impaired loans	$	-	$	-		16,085	$	16,085
Foreclosed real estate		-		-		887		887
Mortgage servicing rights		-		-		1,560		1,560
	Fair Value At December 31, 2012
(In thousands)	Level 1		Level 2		Level 3		Total
Assets measured at fair value on a non-recurring basis:
Impaired loans	$	-	$	-		30,709	$	30,709
Foreclosed real estate		-		-		735		735
Mortgage servicing rights		-		-		1,633		1,633