Transactions With Related Parties

12 Months Ended

Dec. 31, 2011

Transactions With Related Parties [Abstract]

Transactions With Related Parties

NOTE 14: TRANSACTIONS WITH RELATED PARTIES

At December 31, 2011 and 2010, the Company had loans outstanding to executive officers, directors and to companies in which the Company's and Bank's executive officers or directors were principal owners, in the amount of $13,076,000 and $20,549,000, respectively. Annual activity consisted of the following:

	2011	2010
(In thousands)
Balance, beginning of year	$   20,549	$  22,387
New loans and advances	7,191	9,450
Repayments and reclassifications	(14,664)	(11,288)
Balance, end of year	$   13,076	$  20,549

In management's opinion, such loans and other extensions of credit and deposits were made in the ordinary course of business and were made on substantially the same terms (including interest rates and collateral) as those prevailing at the time for comparable transactions with other persons. Further, in management's opinion, when originated these loans did not involve more than the normal risk of collectability or present other unfavorable features.

Deposits from executive officers and directors held by the Company at December 31, 2011, and 2010 totaled $4,514,000 and $5,997,000, respectively.