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Transactions with Related Parties
12 Months Ended
Dec. 31, 2013
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,
 
2013
 
2012
 
(Dollars in thousands)
Amount at beginning of year
$
16,255

 
$
17,214

New loans
2,399

 
1,741

Repayments
(2,512
)
 
(2,700
)
Changes in directors and officers and /or affiliations, net
238

 

Amount at end of year
$
16,380

 
$
16,255


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 $10,589 and $6,975, respectively at December 31, 2013 and 2012.