Loans

9 Months Ended

Sep. 30, 2011

Loans [Abstract]

Loans

NOTE 5 – LOANS

Loans as of September 30, 2011 and December 31, 2010, consisted of the following:

(Dollars in 000's)	September 30, 2011			December 31, 2010
Construction, Land Dev & Other Land	$	46,730		$	62,666
Commercial & Industrial		98,017			119,077
Commercial Real Estate Loans		559,251			626,387
Secured Multifamily Residential		21,886			24,227
Other Commercial Loans Secured by RE		49,522			59,284
Loans to Individuals, Family & Personal Expense		11,271			12,472
Consumer/Finance		35,222			36,859
Other Loans		31,361			37,255
Overdrafts		297			319
Gross loans		853,557			978,546
Less: allowance for loan losses		(26,975	)		(35,582	)
Less: deferred fees and restructured loan concessions		(1,719	)		(1,751	)
Loans, net	$	824,863		$	941,213