XML 172 R27.htm IDEA: XBRL DOCUMENT v2.4.0.6
Transactions with Related Parties
12 Months Ended
Dec. 31, 2011
TRANSACTIONS WITH RELATED PARTIES [Abstract]  
Transactions with Related Parties
TRANSACTIONS WITH RELATED PARTIES
The Corporation’s banking subsidiaries had, and expect to have in the future, transactions with the Corporation’s directors and executive officers, companies with which these individuals are associated, and certain related individuals. Such transactions were made in the ordinary course of business and included extensions of credit, leases and professional services. With respect to extensions of credit, all were made on substantially the same terms, including interest rates and collateral, as those prevailing at the same time for comparable transactions with other customers and did not, in management’s opinion, involve more than normal risk of collectibility or present other unfavorable features. The aggregate amount of loans attributable to persons who were related parties at December 31, 2011, totaled $288 million at the beginning of 2011 and $198 million at the end of 2011. During 2011, new loans to related parties aggregated $607 million and repayments totaled $697 million.