RELATED PARTY TRANSACTIONS

12 Months Ended

Dec. 31, 2012

Related Party Transactions [Abstract]

RELATED PARTY TRANSACTIONS

NOTE 15 - RELATED PARTY TRANSACTIONS

In the normal course of business the Bank has granted loans to executive officers, directors, principal shareholders and associates of the foregoing persons considered to be related parties. Changes in loans to executive officers, directors and their related associates are as follows (there are no loans to principal shareholders):

Years endedDecember 31, (in thousands)	2012	2011
Balance, beginning of period	$ 1,308	$ 808
Change in related party status (1)	-	(427)
Advances	89	1,015
Repayments	(88)	(88)
Balance, end of period	$ 1,309	$ 1,308

(1) Persons that either became or were no longer considered related parties.