BORROWINGS (Tables)

12 Months Ended

Dec. 31, 2013

Debt Disclosure [Abstract]

Information relating to Trust Preferred Securities [Table Text Block]

Information relating to these trust preferred securities are as follows:

Trust	Description of Capital Securities
Capital Trust V	$50.0 million due in 2037, interest at a variable rate (LIBOR plus 1.48%), which has been effectively converted to a fixed rate of 6.52% until December 28, 2016, through the use of an interest rate swap. These securities are callable quarterly, until maturity.
Slades Ferry Trust I	$10.0 million due in 2034, bearing interest at a variable rate (LIBOR plus 2.79%). These securities callable quarterly, until maturity.
Central Trust I	$5.1 million due in 2034, bearing interest at a variable rate (LIBOR plus 2.44%). These securities are callable quarterly, until maturity.
Central Trust II	$5.9 million due in 2037, bearing a fixed interest rate 7.015% until March 15, 2017. Subsequent to this date, the interest will be variable (LIBOR plus 1.65%) and the securities will become callable quarterly, until maturity.

Schedule of Federal Home Loan Bank Borrowings

Advances payable to the Federal Home Loan Bank are summarized as follows:

	2013				2012
			Weighted				Weighted
			Average				Average
	Total		Contractual		Total		Contractual
	Outstanding		Rate		Outstanding		Rate
	(Dollars in thousands)
Stated Maturity
2013	$	—	—	%	$	163,245	0.60	%
2014	105,027		0.55	%	10,431		4.11	%
2015	3,074		5.81	%	8,372		3.54	%
2016	—		—	%	—		—	%
2017	31,290		4.02	%	83,145		3.79	%
2018	—		—	%	5,446		2.07	%
Subtotal	$	139,391	1.44	%	$	270,639	1.84	%
Amortizing advances	903				930
Total Federal Home Loan Bank Advances	$	140,294			$	271,569

Schedule of Short-term Borrowings

The Company’s short-term borrowings consisted of the following as of the periods indicated:

	December 31
	2013		2012
	(Dollars in thousands)
Customer repurchase agreements	$	149,288	$	153,359
Line of credit advances	5,000		12,000
Total short-term borrowings	$	154,288	$	165,359

Schedule of Additional Information on Short-term Borrowings

The table below sets forth additional information on certain short-term borrowing categories as of and for the periods indicated:

	2013				2012				2011
			Weighted				Weighted				Weighted
			Average				Average				Average
			Interest				Interest				Interest
	Amount		Rate		Amount		Rate		Amount		Rate
Customer Repurchase Agreements	(Dollars in thousands)
Balance outstanding at end of year	$	149,288	0.13	%	$	153,359	0.13	%	$	166,128	0.32	%
Average daily balance outstanding	147,195		0.13	%	160,589		0.20	%	143,902		0.37	%
Maximum balance outstanding at any month end	164,180		N/A		178,171		N/A		167,093		N/A

Schedule of Long-term Borrowings

The following table summarizes long-term debt as of the periods indicated:

	December 31
	2013		2012
	(Dollars in thousands)
Wholesale repurchase agreements	$	50,000	$	50,000
Junior subordinated debentures
Capital Trust V	51,547		51,547
Slades Ferry Trust I	10,310		10,310
Central Trust I	5,258		5,258
Central Trust II	6,791		7,012
Subordinated debentures	30,000		30,000
Total long-term debt	$	153,906	$	154,127

Schedule of Maturities of Borrowings

The following table sets forth the contractual maturities of long-term debt over the next five years:

	2014		2015		2016		2017		2018		Thereafter		Total
	(Dollars in thousands)
Wholesale repurchase agreements	$	—	$	50,000	$	—	$	—	$	—	$	—	$	50,000
Junior subordinated debentures
Capital trust V	—		—		—		—		—		51,547		51,547
Slades ferry trust I	—		—		—		—		—		10,310		10,310
Central trust I	—		—		—		—		—		5,258		5,258
Central trust II	—		—		—		—		—		6,791		6,791
Subordinated debentures	—		—		—		—		—		30,000		30,000