Loans

9 Months Ended

Sep. 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)	September 30, 2012	December 31, 2011	Amount	%
Residential Real Estate 1-4 Family
Consumer first liens	$                    88,525	$                    86,767	$         1,758	2.0
Consumer junior liens and lines of credit	36,124	40,290	(4,166)	(10.3)
Total consumer	124,649	127,057	(2,408)	(1.9)
Commercial first lien	59,705	55,130	4,575	8.3
Commercial junior liens and lines of credit	7,061	7,846	(785)	(10.0)
Total	66,766	62,976	3,790	6.0
Total residential real estate 1-4 family	191,415	190,033	1,382	0.7
Residential real estate - construction
Consumer purpose	2,086	1,381	705	51.0
Commercial purpose	13,707	19,901	(6,194)	(31.1)
Total residential real estate construction	15,793	21,282	(5,489)	(25.8)
Commercial, industrial and agricultural real estate	366,341	358,974	7,367	2.1
Commercial, industrial and agricultural	167,310	182,694	(15,384)	(8.4)
Consumer	11,737	13,427	(1,690)	(12.6)
	752,596	766,410	(13,814)	(1.8)
Less:  Allowance for loan losses	(10,113)	(9,723)	(390)	4.0
Net Loans	$                  742,483	$                  756,687	$     (14,204)	(1.9)
Included in the loan balances are the following:
Net unamortized deferred loan costs	$                         280	$                         426
Unamortized discount on purchased loans	$                       (133)	$                       (167)
Loans pledged as collateral for borrowings and commitments from:
FHLB	$                  600,504	$                  679,272
Federal Reserve Bank	102,781	27,435
	$                  703,285	$                  706,707