OTHER REAL ESTATE OWNED (Tables)

9 Months Ended

Sep. 30, 2013

OTHER REAL ESTATE OWNED

Schedule of Activity in other real estate owned

	3 Months ended Sept. 30				9 Months ended Sept. 30
	2013		2012		2013		2012
Beginning Balance	5,183		9,737		6,677		15,456
Transfer to other real estate owned	816		1,269		2,904		4,125
Sales — out of other real estate owned	(1,120	)	(953	)	(4,155	)	(8,975	)
Write-down	(95	)	(376	)	(642	)	(929	)
Ending Balance —September 30	4,784		9,677		4,784		9,677

Schedule of activity in the valuation account for other real estate

	3 Months ended Sept. 30				9 Months ended Sept. 30
	2013		2012		2013		2012
Beginning Balance	(1,353	)	(1,732	)	(1,672	)	(2,279	)
Impairments during year	(95	)	(376	)	(642	)	(929	)
Recovery on impairments	—		—		—		—
Reductions	74		83		940		1,183
Ending Balance —September 30	(1,374	)	(2,025	)	(1,374	)	(2,025	)

Schedule of expenses related to foreclosed assets

	3 Months ended Sept. 30				9 Months ended Sept. 30
	2013		2012		2013		2012
Write downs	95		376		642		929
Losses / (gains) on sales	(57	)	(204	)	(286	)	(544	)
Net loss / (gain)	38		172		356		385
Operating expenses	79		79		290		383