TRANSACTIONS WITH DIRECTORS AND OFFICERS

12 Months Ended

Dec. 31, 2014

TRANSACTIONS WITH DIRECTORS AND OFFICERS [Abstract]

TRANSACTIONS WITH DIRECTORS AND OFFICERS

NOTE N – TRANSACTIONS WITH DIRECTORS AND OFFICERS

The following table presents activity in the amounts due from directors, executive officers, immediate family, and affiliated companies. These transactions are made on the same terms and conditions, including interest rates and collateral requirements as those prevailing at the time for comparable transactions with others. An analysis of the activity with respect to such aggregate loans to related parties is shown below.

LOANS TO INSIDERS

(DOLLARS IN THOUSANDS)    

	Actual
		$
Balance, December 31, 2013			10,432
Advances			1,555
Repayments			(1,809	)
Other Changes			(5,967	)
Balance, December 31, 2014			4,211

 

In the Corporation's case, other changes in the table above represents one director whose related interest ownership percentage dropped below the reportable threshold for several business loans.

Deposits from the insiders totaled $4,907,000 as of December 31, 2014, and $4,539,000 as of December 31, 2013.