RESTRICTIONS ON CASH AND DUE FROM BANK ACCOUNTS

12 Months Ended

Dec. 31, 2011

Restrictions On Cash And Due From Bank Accounts [Abstract]

RESTRICTIONS ON CASH AND DUE FROM BANK ACCOUNTS

(2)           RESTRICTIONS ON CASH AND DUE FROM BANK ACCOUNTS

The Corporation is required to maintain certain reserves of vault cash and/or deposits with the Federal Reserve Bank of New York.  The amount of this reserve requirement was $750,000 at both December 31, 2011 and December 31, 2010.  The Corporation was in compliance with the requirement as of December 31, 2011 and 2010.