EMPLOYEE BENEFIT PLANS (Tables)

12 Months Ended

Dec. 31, 2014

Compensation and Retirement Disclosure [Abstract]

Schedule of Multiemployer Plan

		Funding Status of Pension Plan		FIP/RP Status Pending/ Implemented	Surcharge Imposed	Expiration Date of Collective- Bargaining Agreement	Minimum Contributions Required for Future Periods
	EIN/Pension Plan Number	2014	2013
Pentegra defined benefit plan for financial institutions	13-5645888/333	At least 80 percent	At least 80 percent	No	No	N/A	$	—

Schedule of Multiemployer Plan Contributions

The Company’s contributions to the Pension Plan were as follows for the periods indicated:

			Plan Year Allocation
	Cash Payment		2014-2015		2013-2014		2012-2013
	(Dollars in thousands)
2014	$	1,320	$	1,320	$	—	$	—
2013	2,603		—		1,762		841
2012	234		—		—		234

Schedule of Supplemental Retirement Expense and Contributions Paid

The following table shows the defined benefit supplemental retirement expense, and the contributions paid to the plan which were used only to pay the current year benefits as of the dates indicated:

	2014		2013		2012
	(Dollars in thousands)
Retirement expense	$	954	$	1,049	$	1,144
Contributions paid	271		253		253

Schedule of Expected Benefit Payments

The following table shows the Company's best estimate of the benefits expected to be paid in each of the next five years, in the aggregate for the next five fiscal years thereafter and in the aggregate after those 10 years:

	Defined Benefit Supplemental Executive Retirement Plans Expected Benefit Payment
	(Dollars in thousands)
2015	$	315
2016	437
2017	431
2018	466
2019	515
2020-2024	3,600

Schedule of Supplemental Executive Retirement Plans

The following table illustrates the status of the defined benefit supplemental executive retirement plans at December 31 for the years presented:

	Defined Benefit Supplemental Executive Retirement Benefits
	2014			2013			2012
	(Dollars in thousands)
Change in accumulated benefit obligation
Benefit obligation at beginning of year	$	8,243		$	8,714		$	7,550
Accumulated service cost	397			429			627
Interest cost	390			409			296
Plan amendment	1,357			—			—
Actuarial loss/(gain)	2,421			(1,056		)	494
Benefits paid	(271		)	(253		)	(253		)
Accumulated benefit obligation at end of year	$	12,537		$	8,243		$	8,714
Change in plan assets
Fair value of plan assets at beginning of year	$	—		$	—		$	—
Employer contribution	271			253			253
Benefits paid	(271		)	(253		)	(253		)
Fair value of plan assets at end of year	$	—		$	—		$	—
Funded status at end of year	$	(12,537	)	$	(8,243	)	$	(8,714	)
Assets	—			—			—
Liabilities	(12,537		)	(8,243		)	(8,714		)
Accrued benefit cost	$	(12,537	)	$	(8,243	)	$	(8,714	)
Amounts recognized in accumulated other comprehensive income (“AOCI”)
Net loss	$	3,305		$	938		$	2,157
Prior service cost	1,904			659			745
Amounts recognized in AOCI	$	5,209		$	1,597		$	2,902
Information for plans with an accumulated benefit obligation in excess of plan assets
Projected benefit obligation	$	12,537		$	8,243		$	8,714
Accumulated benefit obligation	$	12,537		$	8,243		$	8,714
Net periodic benefit cost
Service cost	$	397		$	429		$	627
Interest cost	390			409			296
Amortization of prior service cost	113			113			113
Recognized net actuarial gain	54			155			108
Net periodic benefit cost	$	954		$	1,106		$	1,144
Amounts in accumulated other comprehensive income expected to be recognized in net periodic benefit cost over next fiscal year
Net actuarial loss	$	309		$	18		$	151
Net prior service cost	$	947		$	113		$	99
Discount rate used for benefit obligation	2.24-3.84%			4.95		%	4.05		%
Discount rate used for net periodic benefit cost	2.43-4.76%			4.05		%	4.40		%
Rate of compensation increase	n/a			n/a			n/a