Transactions with Related Parties

12 Months Ended

Dec. 31, 2011

Transactions with Related Parties [Abstract]

Transactions with Related Parties

(6)    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,
	2011			2010
	(Dollars in thousands)
Amount at beginning of year	$	18,363		$	18,737
New loans		1,768			2,130
Repayments		(2,917	)		(2,521	)
Changes in directors and officers and /or affiliations, net		—			17
Amount at end of year	$	17,214		$	18,363

The Corporation, through its subsidiary Bank, maintains deposits 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 $7,476 and $7,214, respectively at December 31, 2011 and 2010.