OTHER REAL ESTATE OWNED (Tables)

6 Months Ended

Jun. 30, 2015

OTHER REAL ESTATE OWNED

Schedule of activity in other real estate owned

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
Beginning Balance	$	2,201		$	3,841		$	2,688		$	4,120
Transfer to other real estate owned	207			1,234			363			1,899
Sales — out of other real estate owned	(305		)	(1,336		)	(948		)	(2,176		)
Write-down	(38		)	(16		)	(38		)	(120		)
Ending Balance — June 30	$	2,065		$	3,723		$	2,065		$	3,723

Schedule of activity in the valuation account for other real estate

	Three months ended June 30						Three months ended June 30
	2015			2014			2015			2014
Beginning Balance	$	(285	)	$	(1,432	)	$	(448	)	$	(1,328	)
Impairments during year	(38		)	(16		)	(38		)	(120		)
Recovery on impairments	—			—			—			—
Reductions	—			1,057			163			1,057
Ending Balance — June 30	$	(323	)	$	(391	)	$	(323	)	$	(391	)

Schedule of expenses related to foreclosed assets

	Three months ended June 30						Six months ended June 30
	2015			2014			2015		2014
Write downs	$	38		$	16		$	38	$	120
Losses / (gains) on sales	(5		)	(55		)	6		(82		)
Net loss / (gain)	$	33		$	(39	)	$	44	$	38
Operating expenses	$	58		$	25		$	94	$	92