OTHER REAL ESTATE OWNED (Tables)

9 Months Ended

Sep. 30, 2015

OTHER REAL ESTATE OWNED

Schedule of activity in other real estate owned

	Three months ended September 30						Nine months ended September 30
	2015			2014			2015			2014
Beginning Balance	$	2,065		$	3,723		$	2,688		$	4,120
Transfer to other real estate owned	801			220			1,164			2,119
Sales — out of other real estate owned	(429		)	(753		)	(1,377		)	(2,929		)
Write-down	—			—			(38		)	(120		)
Ending Balance — September 30	$	2,437		$	3,190		$	2,437		$	3,190

Schedule of activity in the valuation account for other real estate

	Three months ended September 30						Nine months ended September 30
	2015			2014			2015			2014
Beginning Balance	$	(323	)	$	(391	)	$	(448	)	$	(1,328	)
Impairments during year	—			—			(38		)	(120		)
Recovery on impairments	—			—			—			—
Reductions	37			33			200			1,090
Ending Balance — September 30	$	(286	)	$	(358	)	$	(286	)	$	(358	)

Schedule of expenses related to foreclosed assets

	Three months ended September 30				Nine months ended September 30
	2015		2014		2015		2014
Write downs	$	—	$	—	$	38	$	120
Losses / (gains) on sales	19		9		25		(73		)
Net loss	$	19	$	9	$	63	$	47
Operating expenses	$	30	$	28	$	124	$	120