COMMITMENTS AND CONTINGENCIES (Tables)

3 Months Ended

Mar. 31, 2013

COMMITMENTS AND CONTINGENCIES [Abstract]

Summary of Contractual and Notional Amounts of Financial Instruments

	March 31,		December 31,
	2013		2012
Lending-Related Instruments:
Loan origination commitments and unadvanced lines of credit:
Home equity	$	307,148	$	277,373
Commercial and commercial real estate		19,290		20,016
Residential		13,286		9,497
Letters of credit		1,647		1,836
Other commitments		19,559		16,845
Derivative Financial Instruments:
Derivative mortgage loan commitments		-		-
Customer loan swaps		16,029		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