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SUBSEQUENT EVENT
9 Months Ended
Sep. 30, 2011
SUBSEQUENT EVENT 
SUBSEQUENT EVENT

NOTE 11 — SUBSEQUENT EVENT

 

On November 4, 2011, the Company received a $927 payment on a loan that had been previously charged off in the first quarter of 2010.  The payment will be recorded as a recovery in the allowance for loan loss account and will be factored into the Company’s allowance calculation in the fourth quarter.