COMMITMENTS AND CONTINGENCIES (Tables)

6 Months Ended

Jun. 30, 2013

Commitments and Contingencies Disclosure [Abstract]

Summary of Contractual and Notional Amounts of Financial Instruments

A summary of the contractual and notional amounts of the Company’s financial instruments follows:

	June 30, 2013		December 31, 2012
Lending-Related Instruments:
Loan origination commitments and unadvanced lines of credit:
Home equity	$	306,168	$	277,373
Commercial and commercial real estate	13,795		20,016
Residential	12,102		9,497
Letters of credit	2,076		1,836
Other commitments	17,880		16,845
Derivative Financial Instruments:
Forward mortgage loan sale commitments	7,301		—
Derivative mortgage loan commitments	4,501		—
Customer loan swaps	15,933		16,093
Interest rate swaps	43,000		43,000

Summary of Derivative Financial Instruments

The Company swapped the variable cost for a fixed cost and the terms of the interest rate swap agreements are as follows: 

Notional Amount		Fixed Cost	Maturity Date
$	10,000	5.09%	June 30, 2021
10,000		5.84%	June 30, 2029
10,000		5.71%	June 30, 2030
5,000		4.35%	March 30, 2031
8,000		4.14%	July 7, 2031