Bank Loans (Tables)

6 Months Ended

Jun. 30, 2011

Bank Loans

Schedule of Balance and Associated Percentage of Each Major Loan Category in Loan Portfolio

	June 30, 2011						December 31, 2010
	Balance			Percent			Balance			Percent
Consumer (1)	$	292,234			60.8	%	$	266,806			68.2	%
Commercial and industrial		102,783			21.4			41,965			10.7
Residential real estate		55,096			11.4			49,550			12.7
Home equity lines of credit		26,872			5.6			30,966			7.9
Commercial real estate		3,399			0.7			1,637			0.4
Construction and land		524			0.1			524			0.1
		480,908			100.0	%		391,448			100.0	%
Unamortized loan origination costs, net of loan fees		159						392
Loans in process		190						233
Allowance for loan losses		(3,251	)					(2,331	)
	$	478,006					$	389,742

⁽¹⁾  Includes securities-based loans of $291.8 million and $266.1 million at June 30, 2011 and December 31, 2010, respectively.

Changes in the Allowance for Loan Losses

	Three Months Ended June 30,					Six Months Ended June 30,
	2011		2010			2011		2010
Allowance for loan losses, beginning of period	$	2,521	$	1,669		$	2,331	$	1,702
Provision for loan losses		721		154			906		267
Charge-offs:
Residential real estate		0		0			0		(149	)
Other		0		(2	)		0		(2	)
Total charge-offs		0		(2	)		0		(151	)
Recoveries		9		115			14		118
Allowance for loan losses, end of period	$	3,251	$	1,936		$	3,251	$	1,936