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Transactions with Related Parties
12 Months Ended
Dec. 31, 2012
Related Party Transactions [Abstract]  
Transactions with Related Parties
Transactions with Related Parties
The Corporation, through its subsidiary Bank, makes loans to its officers, directors and their affiliates. These loans are made on substantially the same terms and conditions as transactions with non-related parties. A comparison of loans outstanding to related parties follows:
 
At December 31,
 
2012
 
2011
 
(Dollars in thousands)
Amount at beginning of year
$
17,214

 
$
18,363

New loans
1,741

 
1,768

Repayments
(2,700
)
 
(2,917
)
Changes in directors and officers and /or affiliations, net

 

Amount at end of year
$
16,255

 
$
17,214


The Corporation, through its subsidiary Bank, maintains deposit accounts for officers, directors and their affiliates. These deposits are made on substantially the same terms and conditions as transactions with non-related parties. The balances of deposit accounts for related parties were $6,975 and $7,476, respectively at December 31, 2012 and 2011.