OTHER REAL ESTATE OWNED (Tables)

12 Months Ended

Dec. 31, 2014

OTHER REAL ESTATE OWNED

Schedule of Activity in other real estate owned

	2014			2013			2012
Beginning Balance	$	4,120		$	6,677		$	15,456
Transfer to other real estate owned		2,585			4,005			5,286
Sale — Out of other real estate owned		(3,597	)		(5,708	)		(12,089	)
Write-down		(420	)		(854	)		(1,976	)
Ending Balance	$	2,688		$	4,120		$	6,677

Schedule of activity in the valuation account for other real estate

	2014			2013			2012
Beginning Balance — January 1	$	(1,328	)	$	(1,672	)	$	(2,279	)
Impairments during year		(420	)		(854	)		(1,976	)
Recovery on impairments		—			—			—
Reductions		1,300			1,198			2,583
Ending Balance — December 31	$	(448	)	$	(1,328	)	$	(1,672	)

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

	2014			2013			2012
Write-downs	$	420		$	854		$	1,976
Losses/(gains)on sales		(267	)		(315	)		(617	)
Net loss	$	153		$	539		$	1,359
Operating expenses	$	150		$	417		$	624