OTHER REAL ESTATE OWNED (Tables)

6 Months Ended

Jun. 30, 2014

OTHER REAL ESTATE OWNED

Schedule of Activity in other real estate owned

	3 months ended June 30						6 months ended June 30
	2014			2013			2014			2013
Beginning Balance	$	3,841		$	5,828		$	4,120		$	6,677
Transfer to other real estate owned	1,234			1,121			1,899			2,088
Sales — out of other real estate owned	(1,336		)	(1,665		)	(2,176		)	(3,035		)
Write-down	(16		)	(101		)	(120		)	(547		)
Ending Balance — June 30	$	3,723		$	5,183		$	3,723		$	5,183

Schedule of activity in the valuation account for other real estate

	3 months ended June 30						6 months ended June 30
	2014			2013			2014			2013
Beginning Balance	$	(1,432	)	$	(1,713	)	$	(1,328	)	$	(1,672	)
Impairments during year	(16		)	(101		)	(120		)	(547		)
Recovery on impairments	—			—			—			—
Reductions	1,057			461			1,057			866
Ending Balance — June 30	$	(391	)	$	(1,353	)	$	(391	)	$	(1,353	)

Schedule of expenses related to foreclosed assets

	3 months ended June 30						6 months ended June 30
	2014			2013			2014			2013
Write downs	$	16		$	101		$	120		$	547
Losses / (gains) on sales	(55		)	(79		)	(82		)	(229		)
Net loss / (gain)	$	(39	)	$	22		$	38		$	318
Operating expenses	$	25		$	119		$	92		$	211