NOTE 11 — Long-Term Debt

The Company has established credit facilities with the Federal Home Loan Bank of Pittsburgh, which are secured by all of the Company’s assets. Additionally, in connection with the credit facilities, the Company has agreed to maintain sufficient qualifying collateral to fully secure the borrowings below.

A summary of long-term debt, including amortizing principal and interest payments, at June 30, 2013 is as follows:


Monthly Installment	Fixed Rate			Floating Rate			Maturity Date		Balance
Amortizing loans
$ 18		2.66	%					08/28/14	$	246
67		3.44	%					03/02/15		1,302
13		3.48	%					03/31/15		273
10		3.83	%					04/02/18		531
186		4.69	%					03/13/23		17,481

Total amortizing										19,833

Non-amortizing loans
		2.36	%					09/22/17		6,500
					1.84	%		12/02/19		3,000
					1.48	%		12/19/19		6,300

Total non-amortizing										15,800

Total long-term debt									$	35,633

Aggregate maturities of long-term debt at June 30, 2013 are as follows:


June 30,	Principal
2014	$	2,687
2015		2,308
2016		1,701
2017		1,781
2018		8,345
Thereafter		18,811

Total	$	35,633