ALLOWANCE FOR LOAN LOSSES (Tables)

3 Months Ended

Mar. 31, 2013

ALLOWANCE FOR LOAN LOSSES

Schedule of allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method

March 31, 2013	Commercial Real Estate Mortgage Loans		Multi- Family		Residential Real Estate Mortgage Loans			Commercial, Financial and Agricultural Loans			Real Estate Construction and Land Loans			Installment/ Consumer Loans			Total
(In thousands)
Allowance for Loan Losses:
Beginning balance	$	4,445	$	1,239	$	2,803		$	4,349		$	1,375		$	228		$	14,439
Charge-offs	—		—		(101		)	—			(22		)	—			(123		)
Recoveries	—		—		2			55			—			1			58
Provision	198		197		(31		)	(17		)	245			(42		)	550
Ending Balance	$	4,643	$	1,436	$	2,673		$	4,387		$	1,598		$	187		$	14,924
Ending balance: individually evaluated for impairment	$	5	$	—	$	83		$	235		$	—		$	—		$	323
Ending balance: collectively evaluated for impairment	$	4,638	$	1,436	$	2,590		$	4,152		$	1,598		$	187		$	14,601
Loans	$	362,886	$	79,818	$	146,346		$	209,681		$	53,242		$	9,042		$	861,015
Ending balance: individually evaluated for impairment	$	5,379	$	—	$	2,598		$	814		$	—		$	—		$	8,791
Ending balance: collectively evaluated for impairment	$	356,762	$	79,818	$	143,748		$	208,646		$	52,930		$	9,042		$	850,946
Ending balance: loans acquired with deteriorated credit quality	$	745	$	—	$	—		$	221		$	312		$	—		$	1,278

December 31, 2012	Commercial Real Estate Mortgage Loans		Multi- Family		Residential Real Estate Mortgage Loans			Commercial, Financial and Agricultural Loans			Real Estate Construction and Land Loans			Installment/ Consumer Loans			Total
(In thousands)
Allowance for Loan Losses:
Beginning balance	$	3,530	$	395	$	2,280		$	2,895		$	1,465		$	272		$	10,837
Charge-offs	—		—		(1,210		)	(285		)	—			(15		)	(1,510		)
Recoveries	—		—		7			83			—			22			112
Provision	915		844		1,726			1,656			(90		)	(51		)	5,000
Ending Balance	$	4,445	$	1,239	$	2,803		$	4,349		$	1,375		$	228		$	14,439
Ending balance: individually evaluated for impairment	$	—	$	—	$	141		$	228		$	—		$	—		$	369
Ending balance: collectively evaluated for impairment	$	4,445	$	1,239	$	2,662		$	4,121		$	1,375		$	228		$	14,070
Loans	$	332,782	$	66,080	$	143,703		$	197,448		$	48,632		$	9,167		$	797,812
Ending balance: individually evaluated for impairment	$	4,776	$	—	$	2,549		$	883		$	—		$	—		$	8,208
Ending balance: collectively evaluated for impairment	$	327,282	$	66,080	$	141,154		$	196,350		$	48,331		$	9,167		$	788,364
Ending balance: loans acquired with deteriorated credit quality	$	724	$	—	$	—		$	215		$	301		$	—		$	1,240

	For the Three Months Ended March 31, 2012
(In thousands)	Commercial Real Estate Mortgage Loans			Multi-Family		Residential Real Estate Mortgage Loans			Commercial, Financial and Agricultural Loans			Real Estate Construction and Land Loans			Installment/ Consumer Loans			Total
Allowance for Loan Losses:
Beginning balance	$	3,530		$	395	$	2,280		$	2,895		$	1,465		$	272		$	10,837
Charge-offs	—			—		(300		)	(75		)	—			(5		)	(380		)
Recoveries	—			—		6			96			—			19			121
Provision	(108		)	355		302			265			(30		)	(46		)	738
Ending Balance	$	3,422		$	750	$	2,288		$	3,181		$	1,435		$	240		$	11,316