OTHER REAL ESTATE OWNED (Tables)

12 Months Ended

Dec. 31, 2013

OTHER REAL ESTATE OWNED

Schedule of Activity in other real estate owned

	2013			2012			2011
Beginning Balance	$	6,677		$	15,456		$	11,453
Transfer to other real estate owned		4,005			5,286			23,093
Sale — Out of other real estate owned		(5,708	)		(12,089	)		(16,125	)
Write-down		(854	)		(1,976	)		(2,965	)
Ending Balance	$	4,120		$	6,677		$	15,456

Schedule of activity in the valuation account for other real estate

	2013			2012			2011
Beginning Balance — January 1	$	(1,672	)	$	(2,279	)	$	(779	)
Impairments during year		(854	)		(1,976	)		(2,965	)
Recovery on impairments		—			—			—
Reductions		1,198			2,583			1,465
Ending Balance — December 31	$	(1,328	)	$	(1,672	)	$	(2,279	)

Schedule of net loss on OREO activity which is included in non-interest income and expenses related to foreclosed assets

	2013			2012			2011
Write-downs	$	854		$	1,976		$	2,965
Losses/(gains)on sales		(315	)		(617	)		(221	)
Net loss	$	539		$	1,359		$	2,744
Operating expenses		417			624			1,152