Commitments and Contingencies

6 Months Ended

Jun. 30, 2012

Commitments and Contingencies

Note 3. Commitments and Contingencies

The Company’s exposure to credit loss in the event of nonperformance by the other party for commitments to extend credit and standby letters of credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as for on-balance sheet instruments. A summary of the Company’s commitments at June 30, 2012 and December 31, 2011 are as follows:

(In thousands)	June 30, 2012		December 31, 2011
Commitments to extend credit	$	13,633	$	11,612
Standby letters of credit		397		300
Total	$	14,030	$	11,912