OTHER REAL ESTATE OWNED (Tables)

9 Months Ended

Sep. 30, 2014

Real Estate Owned, Disclosure of Detailed Components [Abstract]

The following table presents the activity in other real estate owned for the periods indicated:



	Three Months Ended September 30,					Nine Months Ended September 30,
	2014		2013			2014			2013
	(In thousands)
Balance at beginning of period	$	605	$	1,537		$	—		$	4,527
Additions	—		—			653			486
Sales and net direct write-downs	—		(154		)	(48		)	(5,630		)
Net change in valuation allowance	—		—			—			2,000
Balance at end of period	$	605	$	1,383		$	605		$	1,383

Activities in Other Real Estate Owned Valuation Allowance

The following table presents the activity in the other real estate owned valuation allowance for the periods indicated:



	Three Months Ended September 30,					Nine Months Ended September 30,
	2014		2013			2014		2013
	(In thousands)
Balance at beginning of period	$	—	$	42		$	—	$	2,069
Additions	—		18			—		97
Net direct write-downs and removals from sale	—		(18		)	—		(2,124		)
Balance at end of period	$	—	$	42		$	—	$	42

The following table presents expenses related to foreclosed assets included in loan servicing and foreclosure expenses on the consolidated statements of operations for the periods indicated:



	Three Months Ended September 30,					Nine Months Ended September 30,
	2014		2013			2014		2013
	(In thousands)
Net gain (loss) on sales	$	—	$	(73	)	$	—	$	(224	)
Operating expenses, net of rental income	—		(22		)	—		(322		)
Total	$	—	$	(95	)	$	—	$	(546	)