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EMPLOYEE BENEFIT PLANS (Tables)
 12 Months Ended
Dec. 31, 2012
Employee Benefit Plans [Abstract]  
Schedule of Changes in Projected Benefit Obligations [Table Text Block]
    Pension Benefits     SERP Benefits  
    2012     2011     2012     2011  
    (in thousands)     (in thousands)  
Change in benefit obligation:                                
Beginning benefit obligation   $ 3,005     $ 2,430     $ 1,194     $ 1,130  
Interest cost     127       140       51       61  
Actuarial loss     200       675       33       140  
Benefits paid     (465 )     (240 )     (137 )     (137 )
Ending benefit obligation     2,867       3,005       1,141       1,194  
Schedule of change in plan assets [Table Text Block]
Change in plan assets (primarily equity and fixed income investments and money market funds), at fair value:                                
                                 
Beginning plan assets     1,618       1,848       877       923  
Actual return     195       10       111       1  
Employer contribution     180       0       113       90  
Benefits paid     (465 )     (240 )     (137 )     (137 )
Ending plan assets     1,528       1,618       964       877  
                                 
Funded status at end of year   $ (1,339 )   $ (1,387 )   $ (177 )   $ (317 )
Schedule of Amounts Recognized in Balance Sheet [Table Text Block]

Amounts recognized in the consolidated balance sheets consist of:

 

    Pension Benefits     SERP Benefits  
    2012     2011     2012     2011  
    (in thousands)     (in thousands)  
Funded status included in other liabilities   $ (1,339 )   $ (1,387 )   $ (177 )   $ (317 )
Amounts recognized in accumulated other comprehensive income

Amounts recognized in accumulated other comprehensive income consist of:

 

    Pension Benefits     SERP Benefits  
    2012     2011     2012     2011  
    (in thousands)     (in thousands)  
Net actuarial loss   $ 2,301     $ 2,547     $ 773     $ 859  

 
Components of net periodic benefit cost

Net pension expense and other amounts recognized in other comprehensive income include the following:

 

      Pension Benefits           SERP Benefits      
  2012     2011     2010     2012     2011     2010  
    (in thousands)     (in thousands)  
Net pension expense                                                
                                                 
Service cost   $ 0     $ 0     $ 0     $ 0     $ 0     $ 0  
Interest cost     127       141       142       51       61       67  
Expected return on plan assets     (138 )     (158 )     (166 )     (75 )     (80 )     (81 )
Recognized net actuarial loss     137       106       83       83       69       59  
Settlement cost     252       0       0       0       0       0  
Net pension expense   $ 378     $ 89     $ 59     $ 59     $ 50     $ 45  
                                                 
Net loss/(gain)   $ (109 )   $ 823     $ 112     $ (3 )   $ 220     $ (76 )
Amortization of net loss     (137 )     (106 )     (83 )     (83 )     (69 )     (59 )
Total recognized in other comprehensive income   $ (246 )   $ 717     $ 29     $ (86 )   $ 151     $ (135 )
Total recognized in net pension expense and other comprehensive income   $ 132     $ 806     $ 88     $ (27 )   $ 201     $ (90 )
Schedule of Assumptions Used [Table Text Block]
The settlement cost was related to participants taking lump sum distributions from the plan during 2012.

 

    Pension Benefits     SERP Benefits  
    2012     2011     2010     2012     2011     2010  
                                                 
The following assumptions were used in calculating the net benefit obligation:                                                
                                                 
Weighted average discount rate     4.00 %     4.50 %     5.50 %     4.00 %     4.50 %     5.50 %
Rate of increase in future compensation     N/A       N/A       N/A       N/A       N/A       N/A  
                                                 
The following assumptions were used in calculating the net pension expense:                                                
                                                 
Weighted average discount rate     4.50 %     5.50 %     6.00 %     4.50 %     5.50 %     6.00 %
Rate of increase in future compensation     N/A       N/A       N/A       N/A       N/A       N/A  
Expected long-term rate of return     7.75 %     7.75 %     8.25 %     7.75 %     7.75 %     8.25 %
Schedule of Allocation of Plan Assets [Table Text Block]

The Company's pension plan asset allocation at year-end 2012 and 2011, target allocation for 2013, and expected long-term rate of return by asset category are as follows:

 

          Percentage of Plan     Weighted  
    Target     Assets     Average Expected  
    Allocation     at Year End     Long-Term Rate  
Asset Category   2013     2012     2011     of Return  
                         
Equity securities     55-65 %     63 %     64 %     9.65 %
Debt securities     35-45 %     33 %     30 %     4.80 %
Other     5-10 %     4 %     6 %     0.25 %
Total             100 %     100 %     7.75 %

 

The Company's SERP plan asset allocation at year-end 2012 and 2011, target allocation for 2013, and expected long-term rate of return by asset category are as follows:

 

          Percentage of Plan     Weighted  
    Target     Assets     Average Expected  
    Allocation     at Year End     Long-Term Rate  
Asset Category   2013     2012     2011     of Return  
                         
Equity securities     55-65 %     63 %     66 %     9.65 %
Debt securities     35-45 %     34 %     27 %     4.79 %
Other     5-10 %     3 %     7 %     0.25 %
Total             100 %     100 %     7.75 %
Schedule Of Fair Values Of Pension Plan and Postretirement Plan Assets By Asset Category [Table Text Block]

The fair values of the Company's pension plan assets at December 31, 2012, by asset category are as follows:

 

          Quoted Prices in     Significant     Significant  
          Active Markets for     Observable     Unobservable  
          Identical Assets     Inputs     Inputs  
Asset Category   Total     (Level 1)     (Level 2 )     (Level 3)  
    (in thousands)  
Equity securities - US large cap common stocks   $ 457     $ 457     $ 0     $ 0  
Equity securities - US large cap stock mutual funds     205       205       0       0  
Equity securities - US mid cap stock mutual funds     121       121       0       0  
Equity securities - US small cap stock mutual funds     56       56       0       0  
Equity securities - international stock mutual funds     104       104       0       0  
Equity securities - emerging markets stock mutual funds     22       22       0       0  
Debt securities - intermediate term bond mutual funds     183       183       0       0  
Debt securities - short term bond mutual funds     152       152       0       0  
Debt securities - world bond mutual funds     48       48       0       0  
Debt securities - commercial     114       0       114       0  
Cash - money market account     61       61       0       0  
Total   $ 1,523     $ 1,409     $ 114     $ 0  

 

 

The fair values of the Company's pension plan assets at December 31, 2011, by asset category are as follows:

 

          Quoted Prices in     Significant     Significant  
          Active Markets for     Observable     Unobservable  
          Identical Assets     Inputs     Inputs  
Asset Category   Total     (Level 1)     (Level 2 )     (Level 3)  
    (in thousands)  
Equity securities - US large cap common stocks   $ 403     $ 403     $ 0     $ 0  
Equity securities - US large cap stock mutual funds     369       369       0       0  
Equity securities - US mid cap stock mutual funds     108       108       0       0  
Equity securities - US small cap stock mutual funds     49       49       0       0  
Equity securities - international stock mutual funds     88       88       0       0  
Equity securities - emerging markets stock mutual funds     22       22       0       0  
Debt securities - intermediate term bond mutual funds     118       118       0       0  
Debt securities - short term bond mutual funds     169       169       0       0  
Debt securities - world bond mutual funds     91       91       0       0  
Debt securities - commercial     112       0       112       0  
Cash - money market account     84       84       0       0  
Total   $ 1,613     $ 1,501     $ 112     $ 0  

 

The fair values of the Company's SERP plan assets at December 31, 2012, by asset category are as follows:

 

          Quoted Prices in     Significant     Significant  
          Active Markets for     Observable     Unobservable  
          Identical Assets     Inputs     Inputs  
Asset Category   Total     (Level 1)     (Level 2 )     (Level 3)  
    (in thousands)  
Equity securities - US large cap common stocks   $ 161     $ 161     $ 0     $ 0  
Equity securities - US large cap stock mutual funds     301       301       0       0  
Equity securities - US mid cap stock mutual funds     63       63       0       0  
Equity securities - US small cap stock mutual funds     30       30       0       0  
Equity securities - international stock mutual funds     52       52       0       0  
Debt securities - intermediate term bond mutual funds     127       127       0       0  
Debt securities - short term bond mutual funds     101       101       0       0  
Debt securities - world bond mutual funds     34       34       0       0  
Debt securities - commercial     65       0       65       0  
Cash - money market account     27       27       0       0  
Total   $ 961     $ 896     $ 65     $ 0  

 

 

The fair values of the Company's SERP plan assets at December 31, 2011, by asset category are as follows:

 

          Quoted Prices in     Significant     Significant  
          Active Markets for     Observable     Unobservable  
          Identical Assets     Inputs     Inputs  
Asset Category   Total     (Level 1)     (Level 2 )     (Level 3)  
    (in thousands)  
Equity securities - US large cap common stocks   $ 149     $ 149     $ 0     $ 0  
Equity securities - US large cap stock mutual funds     266       266       0       0  
Equity securities - US mid cap stock mutual funds     74       74       0       0  
Equity securities - US small cap stock mutual funds     34       34       0       0  
Equity securities - international stock mutual funds     44       44       0       0  
Equity securities - emerging markets stock mutual funds     14       14       0       0  
Debt securities - intermediate term bond mutual funds     25       25       0       0  
Debt securities - short term bond mutual funds     119       119       0       0  
Debt securities - world bond mutual funds     32       32       0       0  
Debt securities - commercial     64       0       64       0  
Cash - money market account     53       53       0       0  
Total   $ 874     $ 810     $ 64     $ 0  
Schedule of Expected Benefit Payments [Table Text Block]

The following benefit payments are expected to be paid over the ten years:

 

    Pension     SERP  
Plan Year   Benefits     Benefits  
    (in thousands)  
2013   $ 113     $ 136  
2014     112       132  
2015     123       128  
2016     136       124  
2017     143       118  
2018-2022     823       488