Transactions With Executive Officers, Directors And Principal Stockholders

12 Months Ended

Dec. 31, 2012

Transactions With Executive Officers, Directors And Principal Stockholders [Abstract]

Transactions With Executive Officers, Directors And Principal Stockholders

NOTE 17 – TRANSACTIONS WITH EXECUTIVE OFFICERS, DIRECTORS AND PRINCIPAL STOCKHOLDERS

The Company has had, and may be expected to have in the future, banking transactions in the ordinary course of business with its executive officers, directors, principal stockholders, their immediate families and affiliated companies (commonly referred to as related parties), on the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with others. 

The related party loan activity for the years ended December 31, 2012 and 2011 is summarized as follows:

(Dollars in thousands)	2012		2011
Balance, beginning	$	4,699	$	4,266
Disbursements		1,199		865
Repayments and other		(573)		(432)
Balance, ending	$	5,325	$	4,699

Certain related parties of the Company provided legal services and appraisal services to the Company.  Legal services provided by related parties totaled $144 thousand and $24 thousand for the years ended December 31, 2012 and 2011, respectively.  Appraisal services provided by related parties totaled$37 thousand and $13 thousand for the years ended December 31, 2012 and 2011, respectively.  The Company also paid rent to related parties for an office location in the amount of $181 thousand and $177 thousand for the years ended December 31, 2012 and 2011, respectively.