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NOTE 16 - RELATED PARTY TRANSACTIONS
12 Months Ended
Dec. 31, 2012
Related Party Transactions Disclosure [Text Block]

16. RELATED PARTY TRANSACTIONS


At December 31, 2012 and 2011 the Company provided loans or had commitments to lend to, certain officers, directors and their associates and principal shareholders.


A summary of activity for the years ended December 31were as follows (in thousands; renewals are not reflected as either new loans or repayments):


    2012     2011  
Beginning balance   $ 4,681     $ 5,647  
Borrowings     525       189  
Repayments     (517 )     (1,155 )
    $ 4,689     $ 4,681