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Contingent Liabilities and Commitments
12 Months Ended
Dec. 31, 2013
Commitments and Contingencies Disclosure [Abstract]  
Contingent Liabilities and Commitments
Contingent Liabilities and Commitments

In the normal course of business, there are various outstanding commitments and contingent liabilities, which are not reflected in the accompanying consolidated financial statements.  The Company does not anticipate any material loss as a result of these transactions.

See Note 15 with respect to financial instruments with off-balance sheet risk.

The Company must maintain a reserve against its deposits in accordance with Regulation D of the Federal Reserve Act.  For the final weekly reporting period in the years ended December 31, 2013 and 2012, the aggregate amount of gross daily average required reserves was approximately $2.1 million and $9.1 million, respectively.