Annual report pursuant to Section 13 and 15(d)

EMPLOYEE BENEFITS (Estimated Stock Option on the Date of Grant Fair Value) (Details)

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EMPLOYEE BENEFITS (Estimated Stock Option on the Date of Grant Fair Value) (Details) (USD $)
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Estimated stock option on the date of grant fair value      
Dividend yield   2.47% [1] 2.36% [1]
Expected life in years 0 years [2] 7 years [2] 7 years [2]
Expected volatility   41.53% [3] 41.02% [3]
Risk-free interest rate   1.24% [4] 2.71% [4]
Weighted average fair value per option granted   $ 4.76 $ 4.31
[1] Calculated as the ratio of historical dividends paid per share of common stock to the stock price on the date of grant.
[2] Based on the average of the contractual life and vesting schedule for the respective option.
[3] Based on the monthly historical volatility of the Company’s stock price over the expected life of the options.
[4] Based upon the U.S. Treasury bill yield curve, for periods within the contractual life of the option, in effect at the time of grant.