Loans

6 Months Ended

Jun. 30, 2012

Loans [Abstract]

Loans

Note 6 – Loans 

A summary of loans outstanding, by primary collateral, at the end of the reporting period is as follows:

			Change
(Dollars in thousands)	June 30, 2012	December 31, 2011	Amount	%
Residential Real Estate 1-4 Family
Consumer first liens	$                    85,255	$                    86,767	$       (1,512)	(1.7)
Consumer junior liens and lines of credit	38,774	40,290	(1,516)	(3.8)
Total consumer	124,029	127,057	(3,028)	(2.4)
Commercial first lien	57,708	55,130	2,578	4.7
Commercial junior liens and lines of credit	7,472	7,846	(374)	(4.8)
Total	65,180	62,976	2,204	3.5
Total residential real estate 1-4 family	189,209	190,033	(824)	(0.4)
Residential real estate - construction
Consumer purpose	1,596	1,381	215	15.6
Commercial purpose	14,384	19,901	(5,517)	(27.7)
Total residential real estate construction	15,980	21,282	(5,302)	(24.9)
Commercial, industrial and agricultural real estate	372,068	358,974	13,094	3.6
Commercial, industrial and agricultural	179,382	182,694	(3,312)	(1.8)
Consumer	11,725	13,427	(1,702)	(12.7)
	768,364	766,410	1,954	0.3
Less:  Allowance for loan losses	(9,627)	(9,723)	96	(1.0)
Net Loans	$                  758,737	$                  756,687	$         2,050	0.3
Included in the loan balances are the following:
Net unamortized deferred loan costs	$                         271	$                         426
Unamortized discount on purchased loans	$                       (150)	$                       (167)
Loans pledged as collateral for borrowings and commitments from:
FHLB	$                  602,555	$                  679,272
Federal Reserve Bank	108,402	27,435
	$                  710,957	$                  706,707