RESTRICTION ON CASH AND DUE FROM BANKS

12 Months Ended

Dec. 31, 2011

RESTRICTION ON CASH AND DUE FROM BANKS

RESTRICTION ON CASH AND DUE FROM BANKS

NOTE 3 — RESTRICTION ON CASH AND DUE FROM BANKS

        The Bank is required to maintain reserve funds in cash or on deposit with the Federal Reserve Bank. The reserves required at December 31, 2011 and 2010 were $7,474 and $7,244. The Company had no compensating balance requirements at December 31, 2011 and 2010.