Commitment And Contingencies

9 Months Ended

Sep. 30, 2012

Commitment And Contingencies [Abstract]

Commitment And Contingencies

Note 13. Commitment and Contingencies

In the normal course of business, the Bank has commitments under credit agreements to lend to customers as long as there is no material violation of any condition established in the loan agreements. These commitments have fixed expiration dates or other termination clauses and may require payments of fees. Because many of the commitments may expire without being completely drawn upon, the total commitment amounts do not necessarily represent future cash requirements. Additionally, the Bank issues letters of credit, which are conditional commitments to guarantee the performance of customers to third parties. Management believes the credit risk involved in issuing letters of credit is the same as that involved in extending loans to customers.

The following table presents unfunded commitments outstanding as of the dates stated:

	September 30, 2012	December 31, 2011
Commercial lines of credit	$                  67,145	$                  33,014
Commercial real estate	14,083	9,822
Residential real estate	7,423	5,915
Consumer	1,426	772
Letters of credit	2,746	3,050
Loans held for sale	25,368	-
Total commitments	$                118,191	$                  52,573