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OTHER ASSETS
 12 Months Ended
Dec. 31, 2012
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Noncurrent Assets Disclosure [Text Block]
9. OTHER ASSETS

 

Other assets included the following amounts at December 31, 2012 and 2011:

 

    2012     2011  
    (Dollars in thousands)  
Cash surrender value of life insurance     12,745       12,055  
Intangible assets (See Note 8)     3,199       3,472  
Other     2,847       2,554  
Total other assets   $ 18,791     $ 18,081  

 

The Company has five life insurance policies on current and former executives. Upon death of the insured executives, the approximate death benefit the Company could receive is $15 million in the aggregate.