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FORECLOSED ASSETS (Tables)
3 Months Ended
Mar. 31, 2013
Foreclosed Assets Tables  
Schedule of Foreclosed Assets

A summary of activity in foreclosed assets is as follows:

 

    Three months ended
    March 31,
    2013   2012
         
Balance at beginning of period   $ 1,774     $ 2,939  
                 
Transfer of loans at net realizable value to foreclosed assets     277       358  
Sale proceeds     (141 )      
Loans made on sale of foreclosed assets     (107 )      
Net gain from sale of foreclosed assets     19        
Provision for write-down charged to operations           (189 )
                 
Balance at end of period   $ 1,822     $ 3,108