EMPLOYEE BENEFIT PLANS (Tables)

12 Months Ended

Dec. 31, 2013

Compensation and Retirement Disclosure [Abstract]

Schedule of Multiemployer Plan

		Funding Status of Pension Plan		FIP/RP Status Pending/ Implemented	Surcharge Imposed	Expiration Date of Collective- Bargaining Agreement	Minimum Contributions Required for Future Periods
	EIN/Pension Plan Number	2013	2012
Pentegra defined benefit plan for financial institutions	13-5645888/333	90.99% as of 7/1/2013	96.96% as of 7/1/2012	No	No	N/A	$	—

Schedule of Multiemployer Plan Contributions

The Company’s contributions to the Pension Plan were as follows for the periods indicated:

			Plan Year Allocation
	Cash Payment		2013-2014		2012-2013		2011-2012
	(Dollars in thousands)
2013	$	2,603	$	1,762	$	841	$	—
2012	234		—		234		—
2011	2,217		—		—		2,217

Schedule of Supplemental Retirement Expense and Contributions Paid

The following table shows the supplemental retirement expense, and the contributions paid to the plan which were used only to pay the current year benefits as of the dates indicated:

	2013		2012		2011
	(Dollars in thousands)
Retirement expense	$	1,049	$	1,144	$	794
Contributions paid	253		253		253

Schedule of Expected Benefit Payments

The following table shows the Company's best estimate of the benefits expected to be paid in each of the next five years, in the aggregate for the next five fiscal years thereafter and in the aggregate after those 10 years:

	Supplemental Executive Retirement Plans Expected Benefit Payment
	(Dollars in thousands)
2014	$	253
2015	288
2016	357
2017	351
2018	378
2019-2023	2,332
2024 and later	22,126

Schedule of Supplemental Executive Retirement Plans

The following table illustrates the status of the supplemental executive retirement plans at December 31 for the years presented:

	Supplemental Executive Retirement Benefits
	2013			2012			2011
	(Dollars in thousands)
Change in accumulated benefit obligation
Benefit obligation at beginning of year	$	8,714		$	7,550		$	5,953
Benefit obligation acquired	—			—			—
Accumulated service cost	429			627			351
Interest cost	409			296			325
Plan amendment	—			—			—
Actuarial loss/(gain)	(1,056		)	494			1,179
Benefits paid	(253		)	(253		)	(258		)
Accumulated benefit obligation at end of year	$	8,243		$	8,714		$	7,550
Change in plan assets
Fair value of plan assets at beginning of year	$	—		$	—		$	—
Employer contribution	253			253			253
Benefits paid	(253		)	(253		)	(253		)
Fair value of plan assets at end of year	$	—		$	—		$	—
Funded status at end of year	$	(8,243	)	$	(8,714	)	$	(7,550	)
Assets	—			—			—
Liabilities	(8,243		)	(8,714		)	(7,550		)
Accrued benefit cost	$	(8,243	)	$	(8,714	)	$	(7,550	)
Amounts recognized in accumulated other comprehensive income (“AOCI”), net of tax
Net loss	$	938		$	1,276		$	1,056
Prior service cost	659			440			499
Amounts recognized in AOCI, net of tax	$	1,597		$	1,716		$	1,555
Information for plans with an accumulated benefit obligation in excess of plan assets
Projected benefit obligation	$	8,243		$	8,714		$	7,550
Accumulated benefit obligation	$	8,243		$	8,714		$	7,550
Net periodic benefit cost
Service cost	$	429		$	627		$	351
Interest cost	409			296			325
Amortization of prior service cost	113			113			112
Recognized net actuarial gain	155			108			4
Net periodic benefit cost	$	1,106		$	1,144		$	792
Amounts in accumulated other comprehensive income expected to be recognized in net periodic benefit cost over next fiscal year
Net actuarial loss	$	18		$	151		$	103
Net prior service cost	$	113		$	99		$	112
Discount rate used for benefit obligation	4.95		%	4.05		%	4.40		%
Discount rate used for net periodic benefit cost	4.05		%	4.40		%	5.54		%
Rate of compensation increase	n/a			n/a			n/a