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OTHER REAL ESTATE OWNED (Tables)
6 Months Ended
Jun. 30, 2016
Real Estate Owned, Disclosure of Detailed Components [Abstract]  
Schedule of Real Estate Owned
The following table presents the activity in OREO for the periods indicated:
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2016
 
2015
 
2016
 
2015
 
(In thousands)
Balance at beginning of period
$
325

 
$
498

 
$
1,097

 
$
423

Additions
157

 

 
304

 
534

Sales and net direct write-downs
(44
)
 
(448
)
 
(963
)
 
(885
)
Net change in valuation allowance
(9
)
 

 
(9
)
 
(22
)
Balance at end of period
$
429

 
$
50

 
$
429

 
$
50

Activities in Other Real Estate Owned Valuation Allowance
The following table presents the activity in the OREO valuation allowance for the periods indicated:
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2016
 
2015
 
2016
 
2015
 
(In thousands)
Balance at beginning of period
$
70

 
$
54

 
$
70

 
$
32

Additions
9

 

 
9

 
22

Balance at end of period
$
79

 
$
54

 
$
79

 
$
54

Expenses Related to Foreclosed Assets Included in Loan Servicing and Foreclosure Expenses
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
 
Six Months Ended
 
June 30,
 
June 30,
 
2016
 
2015
 
2016
 
2015
 
(In thousands)
Net gain on sales
$
7

 
$
6

 
$
44

 
$
23

Operating expenses, net of rental income

 

 

 

Total
$
7

 
$
6

 
$
44

 
$
23