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COMMITMENTS, CONTINGENCIES AND CREDIT RISK (Tables)
9 Months Ended
Sep. 30, 2012
COMMITMENTS, CONTINGENCIES AND CREDIT RISK  
Schedule of commitments

The Corporation uses the same credit policies in making commitments and conditional obligations as it does for on-balance-sheet instruments.  These commitments are as follows (dollars in thousands):

 

 

 

September 30,

 

December 31,

 

September 30,

 

 

 

2012

 

2011

 

2011

 

Commitments to extend credit:

 

 

 

 

 

 

 

Variable rate

 

$

38,068

 

$

28,495

 

$

16,443

 

Fixed rate

 

21,247

 

15,453

 

29,632

 

Standby letters of credit - Variable rate

 

3,816

 

3,523

 

4,307

 

Credit card commitments - Fixed rate

 

3,161

 

3,019

 

3,119

 

 

 

 

 

 

 

 

 

 

 

$

66,292

 

$

50,490

 

$

53,501