EMPLOYEE BENEFIT PLANS (Tables)

9 Months Ended

Sep. 30, 2012

EMPLOYEE BENEFIT PLANS [Abstract]

Schedule of Net Benefit Costs [Table Text Block]

The SERP and the Cash Balance Plan components of the net periodic benefit cost reflected in salaries and employee benefits expense for the nine months ended September 30, 2012 and September 30, 2011 were:

	Cash Balance Plan						SERP				Total
(Dollars in thousands)	2012			2011			2012		2011		2012			2011
Service cost	$	107		$	103		$	—	$	—	$	107		$	103
Interest cost	167			187			71		80		238			267
Expected return on plan assets	(199		)	(181		)	—		—		(199		)	(181		)
Amortization of prior service costs	1			1			—		3		1			4
Recognized net actuarial gain	159			114			13		3		172			117
Net periodic cost	$	235		$	224		$	84	$	86	$	319		$	310
The SERP and the Cash Balance Plan components of the net periodic benefit cost reflected in salaries and employee benefits expense for the three months ended September 30, 2012 and September 30, 2011 were:
(Dollars in thousands)	Cash Balance Plan						SERP				Total
	2012			2011			2012		2011		2012			2011
Service cost	$	36		$	34		$	—	$	—	$	36		$	34
Interest cost	56			62			23		27		79			89
Expected return on plan assets	(66		)	(60		)	—		—		(66		)	(60		)
Amortization of prior service costs	—			—			—		1		—			1
Recognized net actuarial gain	53			38			4		1		57			39
Net periodic cost	$	79		$	74		$	27	$	29	$	106		$	103