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SHORT-TERM BORROWINGS
 12 Months Ended
Dec. 31, 2013
SHORT-TERM BORROWINGS [Abstract]  
SHORT-TERM BORROWINGS

9.  SHORT-TERM BORROWINGS

Short-term borrowings, which consist of federal funds purchased and other short-term borrowings are summarized as follows:

         
    AT DECEMBER 31, 2013
     FEDERAL FUNDS PURCHASED   SHORT-TERM BORROWINGS
     (IN THOUSANDS, EXCEPT RATES)
Balance   $ -     $ 41,555  
Maximum indebtedness at any month end     -       41,555  
Average balance during year     959       16,482  
Average rate paid for the year     0.34%       0.26%  
Interest rate on year end balance     -       0.25  
         
    AT DECEMBER 31, 2012
     FEDERAL FUNDS PURCHASED   SHORT-TERM BORROWINGS
     (IN THOUSANDS, EXCEPT RATES)
Balance   $ -     $ 15,660  
Maximum indebtedness at any month end     -       19,755  
Average balance during year     117       5,225  
Average rate paid for the year     0.34 %      0.20 % 
Interest rate on year end balance     -       0.25  
         
    AT DECEMBER 31, 2011
     FEDERAL FUNDS PURCHASED   OTHER SHORT-TERM BORROWINGS
     (IN THOUSANDS, EXCEPT RATES)
Balance   $ -     $ 15,765  
Maximum indebtedness at any month end     -       15,765  
Average balance during year     49       1,167  
Average rate paid for the year     0.32 %      0.51 % 
Interest rate on year-end balance     -       0.34  

Average amounts outstanding during the year represent daily averages. Average interest rates represent interest expense divided by the related average balances.

These borrowing transactions can range from overnight to one year in maturity. The average maturity was one day at both the end of 2013 and 2012 and three days at the end of 2011.