SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2012

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Schedule of Other Comprehensive Income (Loss)

The components of other comprehensive income (loss) and the related tax effects are as follows:

	2012			2011			2010
	(in thousands)
Unrealized holding gains (losses) on available-for-sale securities:
Change arising during period	$	2,602		$	34,989		$	(6,049	)
Reclassification adjustment for gains included in net income		(3,613	)		(138	)		(1,719	)
Net unrealized gains (losses) on available-for-sale securities		(1,011	)		34,851			(7,768	)
Tax effect		(401	)		13,834			(3,083	)
		(610	)		21,017			(4,685	)
Change in funded status of pension plan:
Unrecognized net loss arising during period		(1,248	)		(3,461	)		(978	)
Amortization of prior service cost included in pension expense		23			23			23
Amortization of net actuarial loss included in pension expense		664			266			322
		(561	)		(3,172	)		(633	)
Tax effect		(223	)		(1,259	)		(251	)
		(338	)		(1,913	)		(382	)
Other comprehensive income (loss)	$	(948	)	$	19,104		$	(5,067	)

Schedule of Accumulated Other Comprehensive Income (Loss)

The following sets forth the components of accumulated other comprehensive income, net of tax:

				Current
	Balance			Period			Balance
	12/31/11			Change			12/31/12
	(in thousands)
Unrealized holding gains (losses) on available-for-sale securities	$	23,330		$	(610	)	$	22,720
Unrealized actuarial losses and prior service costs on pension plan		(5,642	)		(338	)		(5,980	)
Total accumulated other comprehensive income	$	17,688		$	(948	)	$	16,740