OTHER REAL ESTATE OWNED (Tables)

3 Months Ended

Mar. 31, 2015

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 March 31,
	2015			2014
	(In thousands)
Balance at beginning of period	$	423		$	—
Additions	534			150
Sales and net direct write-downs	(437		)	—
Net change in valuation allowance	(22		)	—
Balance at end of period	$	498		$	150

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 March 31,
	2015		2014
	(In thousands)
Balance at beginning of period	$	32	$	—
Additions	22		—
Net direct write-downs and removals from sale	—		—
Balance at end of period	$	54	$	—

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 March 31,
	2015		2014
	(In thousands)
Net gain (loss) on sales	$	17	$	—
Operating expenses, net of rental income	—		—
Total	$	17	$	—