OTHER REAL ESTATE OWNED (Tables)

3 Months Ended

Mar. 31, 2013

OTHER REAL ESTATE OWNED

Schedule of Activity in other real estate owned

	2013			2012
Beginning Balance — January 1	$	6,677		$	15,456
Transfer to other real estate owned	967			1,831
Sales — out of other real estate owned	(1,370		)	(6,051		)
Write-down	(446		)	(562		)
Ending Balance — March 31	$	5,828		$	10,674

Schedule of activity in the valuation account for other real estate

	2013			2012
Beginning Balance — January 1	$	(1,672	)	$	(2,279	)
Impairments during year	(446		)	(562		)
Recovery on impairments	—			—
Reductions	405			756
Ending Balance — March 31	$	(1,713	)	$	(2,085	)

Schedule of expenses related to foreclosed assets

	2013			2012
Write downs	$	446		$	562
Losses / (gains) on sales	(150		)	(310		)
Net loss / (gain)	$	296		$	252
Operating expenses	92			198