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Loans:

3 Months Ended

Mar. 31, 2012

Loans:

Loan balances were as follows:


	March 31,			December 31,
(In Thousands of Dollars)	2012			2011
Commercial real estate
Owner occupied	$	97,727		$	100,710
Non-owner occupied		89,197			80,585
Other		20,247			17,394
Commercial		76,260			74,875
Residential real estate
1-4 family residential		142,921			145,743
Home equity lines of credit		21,452			21,943
Consumer
Indirect		114,443			115,681
Direct		11,301			11,596
Other		1,316			1,520

Subtotal		574,864			570,047
Net deferred loan costs		1,763			1,759
Allowance for loan losses		(9,446	)		(9,820	)

Net loans	$	567,181		$	561,986

The following tables present the activity in the allowance for loan losses by portfolio segment for the three months ended March 31, 2012 and 2011:

Three Months Ended March 31, 2012


(In Thousands of Dollars)	Commercial Real Estate			Commercial			Residential Real Estate			Consumer			Unallocated			Total
Allowance for loan losses
Beginning balance	$	4,880		$	1,529		$	1,802		$	972		$	637		$	9,820
Provision for loan losses		230			13			72			145			(460	)		0
Loans charged off		(85	)		(42	)		(245	)		(249	)		0			(621	)
Recoveries		35			18			13			181			0			247

Ending balance	$	5,060		$	1,518		$	1,642		$	1,049		$	177		$	9,446

Three Months Ended March 31, 2011


(In Thousands of Dollars)	Commercial Real Estate			Commercial			Residential Real Estate			Consumer			Unallocated		Total
Allowance for loan losses
Beginning balance	$	5,780		$	1,707		$	881		$	875		$	64	$	9,307
Provision for loan losses		323			283			1,120			77			72		1,875
Loans charged off		(85	)		(134	)		(741	)		(299	)		0		(1,259	)
Recoveries		2			22			1			189			0		214

Ending balance	$	6,020		$	1,878		$	1,261		$	842		$	136	$	10,137

The following tables present the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of March 31, 2012 and December 31, 2011. The recorded investment in loans includes the unpaid principal balance and unamortized loan origination fees and costs, but excludes accrued interest receivable, which is not considered to be material:

March 31, 2012


(In Thousands of Dollars)	Commercial Real Estate		Commercial		Residential Real Estate		Consumer		Unallocated		Total
Allowance for loan losses:
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	842	$	224	$	0	$	0	$	0	$	1,066
Collectively evaluated for impairment		4,218		1,294		1,642		1,049		177		8,380

Total ending allowance balance	$	5,060	$	1,518	$	1,642	$	1,049	$	177	$	9,446


Loans:
Loans individually evaluated for impairment	$	8,318	$	1,253	$	676	$	0	$	0	$	10,247
Loans collectively evaluated for impairment		198,181		75,007		163,062		130,130		0		566,380

Total ending loans balance	$	206,499	$	76,260	$	163,738	$	130,130	$	0	$	576,627

December 31, 2011


(In Thousands of Dollars)	Commercial Real Estate		Commercial		Residential Real Estate		Consumer		Unallocated		Total
Allowance for loan losses:
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	748	$	237	$	0	$	0	$	0	$	985
Collectively evaluated for impairment		4,132		1,292		1,802		972		637		8,835

Total ending allowance balance	$	4,880	$	1,529	$	1,802	$	972	$	637	$	9,820


Loans:
Loans individually evaluated for impairment	$	8,317	$	1,341	$	697	$	0	$	0	$	10,355
Loans collectively evaluated for impairment		189,724		73,534		166,334		131,859		0		561,451

Total ending loans balance	$	198,041	$	74,875	$	167,031	$	131,859	$	0	$	571,806

The following tables present information related to impaired loans by class of loans as of March 31, 2012 and December 31, 2011:


(In Thousands of Dollars) March 31, 2012	Unpaid Principal Balance		Recorded Investment		Allowance for Loan Losses Allocated
With no related allowance recorded:
Commercial real estate
Owner occupied	$	338	$	338	$	0
Non-owner occupied		315		317		0
Other		198		198		0
Commercial		987		987		0
Residential real estate
1-4 family residential		674		676		0
Home equity lines of credit		0		0		0
Consumer
Indirect		0		0		0
Direct		0		0		0
Other		0		0		0

Subtotal		2,512		2,516		0

With an allowance recorded:
Commercial real estate
Owner occupied		4,529		4,538		214
Non-owner occupied		2,648		2,649		562
Other		278		278		66
Commercial		266		266		224
Residential real estate
1-4 family residential		0		0		0
Home equity lines of credit		0		0		0
Consumer
Indirect		0		0		0
Direct		0		0		0
Other		0		0		0

Subtotal		7,721		7,731		1,066

Total	$	10,233	$	10,247	$	1,066


(In Thousands of Dollars) December 31, 2011	Unpaid Principal Balance		Recorded Investment		Allowance for Loan Losses Allocated
With no related allowance recorded:
Commercial real estate
Owner occupied	$	759	$	762	$	0
Non-owner occupied		339		340		0
Other		589		590		0
Commercial		1,062		1,063		0
Residential real estate
1-4 family residential		695		697		0
Home equity lines of credit		0		0		0
Consumer
Indirect		0		0		0
Direct		0		0		0
Other		0		0		0

Subtotal		3,444		3,452		0

With an allowance recorded:
Commercial real estate
Owner occupied		4,164		4,169		309
Non-owner occupied		2,455		2,456		439
Other		0		0		0
Commercial		278		278		237
Residential real estate
1-4 family residential		0		0		0
Home equity lines of credit		0		0		0
Consumer
Indirect		0		0		0
Direct		0		0		0
Other		0		0		0

Subtotal		6,897		6,903		985

Total	$	10,341	$	10,355	$	985

The following table presents the average recorded investment by class for the three month periods ended March 31, 2012 and 2011:


(In Thousands of Dollars)	Average Recorded Investment for Three Months Ended March 31,
	2012		2011
With no related allowance recorded:
Commercial real estate
Owner occupied	$	339	$	1,356
Non-owner occupied		328		464
Other		200		1,267
Commercial		1,004		790
Residential real estate
1-4 family residential		677		0
Home equity lines of credit		0		0
Consumer
Indirect		0		0
Direct		0		0
Other		0		0

Subtotal		2,548		3,877

With an allowance recorded:
Commercial real estate
Owner occupied		4,559		2,435
Non-owner occupied		2,661		303
Other		279		645
Commercial		270		474
Residential real estate
1-4 family residential		0		0
Home equity lines of credit		0		0
Consumer
Indirect		0		0
Direct		0		0
Other		0		0

Subtotal		7,769		3,857

Total	$	10,317	$	7,734

Interest income recognized during impairment for both periods was immaterial.

Nonaccrual loans and loans past due 90 days still on accrual include both smaller balance homogeneous loans that are collectively evaluated for impairment and individually classified impaired loans. The following table presents the recorded investment in nonaccrual and loans past due over 90 days still on accrual by class of loans as of March 31, 2012 and December 31, 2011:


	March 31, 2012				December 31, 2011
(In Thousands of Dollars)	Nonaccrual		Loans Past Due over 90 Days Still Accruing		Nonaccrual		Loans Past Due over 90 Days Still Accruing
Commercial real estate
Owner occupied	$	2,280	$	0	$	2,640	$	0
Non-owner occupied		2,966		0		2,795		0
Other		478		0		590		0
Commercial		578		0		527		0
Residential real estate
1-4 family residential		4,239		151		3,897		121
Home equity lines of credit		291		0		299		0
Consumer
Indirect		11		36		12		114
Direct		0		16		0		13
Other		0		10		0		2

Total	$	10,843	$	213	$	10,760	$	250

The following table presents the aging of the recorded investment in past due loans as of March 31, 2012 and December 31, 2011 by class of loans:


(In Thousands of Dollars) March 31, 2012	30-59 Days Past Due		60-89 Days Past Due		Greater than 90 Days Past Due and Nonaccrual		Total Past Due		Loans Not Past Due		Total
Commercial real estate
Owner occupied	$	224	$	0	$	2,280	$	2,504	$	94,906	$	97,410
Non-owner occupied		43		0		2,966		3,009		85,898		88,907
Other		0		0		478		478		19,704		20,182
Commercial		241		0		578		819		75,441		76,260
Residential real estate
1-4 family residential		1,057		143		4,390		5,590		136,696		142,286
Home equity lines of credit		28		50		291		369		21,083		21,452
Consumer
Indirect		754		100		47		901		116,612		117,513
Direct		50		210		16		276		11,025		11,301
Other		7		4		10		21		1,295		1,316

Total	$	2,404	$	507	$	11,056	$	13,967	$	562,660	$	576,627


(In Thousands of Dollars) December 31, 2011	30-59 Days Past Due		60-89 Days Past Due		Greater than 90 Days Past Due and Nonaccrual		Total Past Due		Loans Not Past Due		Total
Commercial real estate
Owner occupied	$	111	$	0	$	2,640	$	2,751	$	97,630	$	100,381
Non-owner occupied		13		0		2,795		2,808		77,515		80,323
Other		0		0		590		590		16,747		17,337
Commercial		26		0		527		553		74,322		74,875
Residential real estate
1-4 family residential		973		361		4,018		5,352		139,736		145,088
Home equity lines of credit		128		0		299		427		21,516		21,943
Consumer
Indirect		1,458		218		126		1,802		116,941		118,743
Direct		120		41		13		174		11,422		11,596
Other		19		3		2		24		1,496		1,520

Total	$	2,848	$	623	$	11,010	$	14,481	$	557,325	$	571,806