Transactions Involving Directors and Shareholders

12 Months Ended

Dec. 31, 2011

TRANSACTIONS INVOLVING DIRECTORS AND SHAREHOLDERS [Abstract]

TRANSACTIONS INVOLVING DIRECTORS AND SHAREHOLDERS

6. TRANSACTIONS INVOLVING DIRECTORS AND SHAREHOLDERS

In the ordinary course of business, the Bank has granted loans to certain directors, executive officers, and the businesses with which they are associated. All such loans and commitments to lend were made under terms that are consistent with the Bank’s normal lending policies. All related party loans were current as to principal and interest at December 31, 2011 and 2010.

The following is an analysis of the activity of all such loans:

	As of December 31,
	2011			2010
	(Dollars in thousands)
Outstanding balance, beginning of year	$	9,588		$	8,260
Credit granted and additional advances		3,008			2,786
Repayments		(3,199	)		(1,458	)
Outstanding balance, end of year	$	9,397		$	9,588