ALLOWANCE FOR LOAN LOSSES	12 Months Ended
Dec. 31, 2011
ALLOWANCE FOR LOAN LOSSES [Abstract]
ALLOWANCE FOR LOAN LOSSES	NOTE 3. ALLOWANCE FOR LOAN LOSSES At December 31, 2011, the Company's allowance for loan losses was $4.6 million, a decrease of $0.3 million from $4.9 million at September 30, 2011. During the three months ended December 31, 2011, the Company recorded a provision for loan losses of $0.7 million. During the three months ended December 31, 2011, the Company recorded a provision for loan losses for its Retail Bank division in the amount of $0.7 million due to increases in the general reserves and in the historical loss rates for commercial real estate and multi-family loans. During the three months ended December 31, 2010, the Company recorded negative provision for loan losses for its MPS division in the amount of $28,000. The Company's total net charge-offs for the three months ended December 31, 2011 were a net charge-off of $1.1 million. The allowance for loan losses represents management's estimate of probable loan losses which have been incurred as of the date of the consolidated financial statements. The allowance for loan losses is increased by a provision for loan losses charged to expense and decreased by charge-offs (net of recoveries). Estimating the risk of loss and the amount of loss on any loan is necessarily subjective. Management's periodic evaluation of the adequacy of the allowance is based on the Company's past loan loss experience, known and inherent risks in the portfolio, adverse situations that may affect the borrower's ability to repay, the estimated value of any underlying collateral, and current economic conditions. While management may periodically allocate portions of the allowance for specific problem loan situations, the entire allowance is available for any loan charge-offs that occur. The Company establishes its provision for loan losses, and evaluates the adequacy of its allowance for loan losses based upon a systematic methodology consisting of a number of factors including, among others, historic loss experience, the overall level of classified assets, non-performing loans, and TDR loans, the composition of its loan portfolio and the general economic environment within which the Company and its borrowers operate. Management closely monitors economic developments both regionally and nationwide, and considers these factors when assessing the adequacy of its allowance for loan losses.

NOTE 3. ALLOWANCE FOR LOAN LOSSES

At December 31, 2011, the Company's allowance for loan losses was $4.6 million, a decrease of $0.3 million from $4.9 million at September 30, 2011. During the three months ended December 31, 2011, the Company recorded a provision for loan losses of $0.7 million.

During the three months ended December 31, 2011, the Company recorded a provision for loan losses for its Retail Bank division in the amount of $0.7 million due to increases in the general reserves and in the historical loss rates for commercial real estate and multi-family loans. During the three months ended December 31, 2010, the Company recorded negative provision for loan losses for its MPS division in the amount of $28,000.

The Company's total net charge-offs for the three months ended December 31, 2011 were a net charge-off of $1.1 million.

The allowance for loan losses represents management's estimate of probable loan losses which have been incurred as of the date of the consolidated financial statements. The allowance for loan losses is increased by a provision for loan losses charged to expense and decreased by charge-offs (net of recoveries). Estimating the risk of loss and the amount of loss on any loan is necessarily subjective. Management's periodic evaluation of the adequacy of the allowance is based on the Company's past loan loss experience, known and inherent risks in the portfolio, adverse situations that may affect the borrower's ability to repay, the estimated value of any underlying collateral, and current economic conditions. While management may periodically allocate portions of the allowance for specific problem loan situations, the entire allowance is available for any loan charge-offs that occur.

The Company establishes its provision for loan losses, and evaluates the adequacy of its allowance for loan losses based upon a systematic methodology consisting of a number of factors including, among others, historic loss experience, the overall level of classified assets, non-performing loans, and TDR loans, the composition of its loan portfolio and the general economic environment within which the Company and its borrowers operate.

Management closely monitors economic developments both regionally and nationwide, and considers these factors when assessing the adequacy of its allowance for loan losses.