COMMITMENTS AND CONTINGENCIES (Tables)

6 Months Ended

Jun. 30, 2012

Summary of Contractual and Notional Amounts of Company's Financial Instruments

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

	June 30,		December 31,
	2012		2011
Lending-Related Instruments:
Loan origination commitments and unadvanced lines of credit:
Home equity	$	256,489	$	254,603
Commercial and commercial real estate		15,570		21,972
Residential		1,030		2,060
Letters of credit		1,533		1,178
Other commitments		3,491		1,932
Derivative Financial Instruments:
Forward commitments to sell residential mortgage loans		—		7,773
Derivative mortgage loan commitments		—		2,356
Customer loan swaps		16,315		12,240
Interest rate swaps		43,000		43,000

Summary of Contractual and Notional Amounts of Company's 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