Annual report pursuant to Section 13 and 15(d)

FORECLOSED PROPERTIES (Tables)

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FORECLOSED PROPERTIES (Tables)
 12 Months Ended
Dec. 31, 2012
Foreclosed Properties [Abstract]  
Analysis of Foreclosed Properties

An analysis of foreclosed properties for the years ended December 31, 2012, 2011 and 2010 follows:

 

    2012     2011     2010  
Balance at beginning of year   $ 12,275     $ 6,966     $ 12,525  
Transfers from loans and capitalized expenses     2,695       9,029       5,447  
Foreclosed properties sold     (2,967 )     (3,334 )     (7,995 )
Writedowns and partial liquidations     (2,318 )     (386 )     (3,011 )
Balance at end of year   $ 9,685     $ 12,275     $ 6,966