2.4.0.8100150 - Disclosure - Commitmentstruefalsefalse1false
falsefalseC_0000774569_20130101_20130630http://www.sec.gov/CIK0000774569duration2013-01-01T00:00:002013-06-30T00:00:001false
4us-gaap_CommitmentsDisclosureTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel| 1falsefalsefalse00<div>
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">8.) Commitments: </font></p>
<p style="margin:6pt 0pt 0pt"><font style="font-family:'Times New Roman'; font-size:10pt">Commitments to fund certain mortgage loans (interest rate locks) to be sold into the secondary market, forward contracts for the future purchase of mortgage-backed securities and forward contracts for the future delivery of these mortgage loans are considered derivatives. It is the Company’s practice to enter into the forward contracts for the future purchase of mortgage-backed securities when interest rate lock commitments are entered into in order to economically hedge the effect of changes in interest rates resulting from its commitments to fund the loans. These mortgage banking derivatives are not formally designated in hedge relationships. The Company reports the derivative assets and liabilities in other assets and other liabilities; associated income and expense is reported in mortgage banking gains. </font></p>
<p style="margin:12pt 0pt 0pt"><font style="font-family:'Times New Roman'; font-size:10pt">Although residential mortgage loans originated and sold are without recourse as to performance, third parties to which the loans are sold can require repurchase of loans in the event noncompliance with the representations and warranties included in the sales agreements exists. These repurchases are typically those for which the borrower is in a nonperforming status, diminishing the prospects for future collection on the loan. The Company historically has not been required to repurchase any loans; however, provision is made for the contingent probability of this occurrence. </font></p>
<p style="margin:12pt 0pt 0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">The following table is a summary of mortgage banking derivative commitments and the related balance sheet accounts: </font></p>
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt"> </font></p>
<div style="text-align: left;">
<table cellspacing="0" cellpadding="0" style="display: block; text-align: left; border: 0">
<tr>
<th style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</th>
<th colspan="8" style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:1pt; padding-left:0.7pt; padding-right:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt">(Amounts in thousands)</font></p>
</th>
<th colspan="2" style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt"> </font></p>
</th>
</tr>
<tr>
<th style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</th>
<th colspan="3" style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:1pt; padding-left:0.7pt; padding-right:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt">June</font><font style="font-family:'Times New Roman'; font-size:8pt"> </font><font style="font-family:'Times New Roman'; font-size:8pt">30,</font><br /><font style="font-family:'Times New Roman'; font-size:8pt">2013</font></p>
</th>
<th style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt"> </font></p>
</th>
<th style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</th>
<th colspan="4" style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:1pt; padding-left:0.7pt; padding-right:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt">December</font><font style="font-family:'Times New Roman'; font-size:8pt"> </font><font style="font-family:'Times New Roman'; font-size:8pt">31,</font><br /><font style="font-family:'Times New Roman'; font-size:8pt">2012</font></p>
</th>
<th style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt"> </font></p>
</th>
</tr>
<tr>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:5pt 0pt 5pt 12pt; text-indent:-12pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">Mortgage banking derivative commitments:</font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td colspan="2" style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
</tr>
<tr>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:5pt 0pt 5pt 36pt; text-indent:-12pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">Interest rate lock commitments</font><font style="font-family:'Times New Roman'; font-size:10pt">              </font></p>
</td>
<td style="background-color:#c6d9f1; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="page-break-after:avoid; margin-top:0pt; margin-bottom:0pt; margin-left:0pt"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">$</font></p></td><td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="page-break-after:avoid; margin-top:0pt; margin-right:0pt; margin-bottom:0pt"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold"></font></p></td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">  24,516</font></p></td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="background-color:#c6d9f1; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="page-break-after:avoid; margin-top:0pt; margin-bottom:0pt; margin-left:0pt"><font style="font-family:'Times New Roman'; font-size:10pt">$</font></p></td><td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="page-break-after:avoid; margin-top:0pt; margin-right:0pt; margin-bottom:0pt"><font style="font-family:'Times New Roman'; font-size:10pt"></font></p></td>
<td colspan="2" style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">  65,536</font></p></td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
</tr>
<tr>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:5pt 0pt 5pt 36pt; text-indent:-12pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">Forward contracts for the future delivery of mortgage loans</font><font style="font-family:'Times New Roman'; font-size:10pt">              </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">  12,574</font></p></td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
<td colspan="2" style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">  15,731</font></p></td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
</tr>
<tr>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:5pt 0pt 5pt 36pt; text-indent:-12pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">Forward contracts for the future purchase of mortgage-backed securities</font><font style="font-family:'Times New Roman'; font-size:10pt">              </font></p>
</td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold"> </font></p>
</td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">  27,000</font></p></td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
<td colspan="2" style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">  52,000</font></p></td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
</tr>
<tr>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:5pt 0pt 5pt 12pt; text-indent:-12pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">Corresponding recorded balances:</font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:bold; font-style:normal"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:bold; font-style:normal"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td colspan="2" style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
</tr>
<tr>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:5pt 0pt 5pt 36pt; text-indent:-12pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">Derivative asset</font><font style="font-family:'Times New Roman'; font-size:10pt">              </font></p>
</td>
<td style="background-color:#c6d9f1; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="page-break-after:avoid; margin-top:0pt; margin-bottom:0pt; margin-left:0pt"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">$</font></p></td><td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="page-break-after:avoid; margin-top:0pt; margin-right:0pt; margin-bottom:0pt"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold"></font></p></td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">  1,415</font></p></td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="background-color:#c6d9f1; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="page-break-after:avoid; margin-top:0pt; margin-bottom:0pt; margin-left:0pt"><font style="font-family:'Times New Roman'; font-size:10pt">$</font></p></td><td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="page-break-after:avoid; margin-top:0pt; margin-right:0pt; margin-bottom:0pt"><font style="font-family:'Times New Roman'; font-size:10pt"></font></p></td>
<td colspan="2" style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">  531</font></p></td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
</tr>
<tr>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:5pt 0pt 5pt 36pt; text-indent:-12pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">Derivative liability</font><font style="font-family:'Times New Roman'; font-size:10pt">              </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">  236</font></p></td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
<td colspan="2" style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">  199</font></p></td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
</tr>
<tr>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:5pt 0pt 5pt 36pt; text-indent:-12pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">Reserve for loan repurchases</font><font style="font-family:'Times New Roman'; font-size:10pt">              </font></p>
</td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold"> </font></p>
</td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">  613</font></p></td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
<td colspan="2" style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">  430</font></p></td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
</tr>
</table>
</div>
<p style="margin:12pt 0pt 0pt"><font style="font-family:'Times New Roman'; font-size:10pt">The Bank is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit, standby letters of credit and financial guarantees. Such instruments involve, to varying degrees, elements of credit risk in excess of the amount recognized on the consolidated balance sheets. The contract or notional amounts for those instruments reflect the extent of involvement the Company has in particular classes of financial instruments. </font></p>
<p style="margin:12pt 0pt 0pt"><font style="font-family:'Times New Roman'; font-size:10pt">In the event of nonperformance by the other party, the Company’s exposure to credit loss on these financial instruments is represented by the contract or notional amount of the instrument. The Company uses the same credit policies in making commitments and conditional obligations as it does for instruments recorded on the balance sheet. The amount and nature of collateral obtained, if any, is based on management’s credit evaluation. </font></p>
<p style="margin:12pt 0pt 0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">The following table is a summary of such contractual commitments: </font></p>
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt"> </font></p>
<div style="text-align: left;">
<table cellspacing="0" cellpadding="0" style="display: block; text-align: left; border: 0">
<tr>
<th style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</th>
<th colspan="8" style="padding-left:0.7pt; padding-right:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt">(Amounts in thousands)</font></p>
</th>
</tr>
<tr>
<th style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</th>
<th colspan="3" style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; padding-left:0.7pt; padding-right:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt">June</font><font style="font-family:'Times New Roman'; font-size:8pt"> </font><font style="font-family:'Times New Roman'; font-size:8pt">30,</font><br /><font style="font-family:'Times New Roman'; font-size:8pt">2013</font></p>
</th>
<th style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt"> </font></p>
</th>
<th style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</th>
<th colspan="3" style="padding-left:0.7pt; padding-right:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid; border-bottom-style:solid; border-bottom-width:0.5pt; border-bottom-color:#000000; padding-bottom:1pt"><font style="font-family:'Times New Roman'; font-size:8pt">December</font><font style="font-family:'Times New Roman'; font-size:8pt"> </font><font style="font-family:'Times New Roman'; font-size:8pt">31,</font><br /><font style="font-family:'Times New Roman'; font-size:8pt">2012</font></p>
</th>
</tr>
<tr>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:5pt 0pt 5pt 12pt; text-indent:-12pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">Commitments to extend credit:</font></p>
</td>
<td style="border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
</tr>
<tr>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:5pt 0pt 5pt 36pt; text-indent:-12pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">Fixed rate</font><font style="font-family:'Times New Roman'; font-size:10pt">              </font></p>
</td>
<td style="background-color:#c6d9f1; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="page-break-after:avoid; margin-top:0pt; margin-bottom:0pt; margin-left:0pt"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">$</font></p></td><td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="page-break-after:avoid; margin-top:0pt; margin-right:0pt; margin-bottom:0pt"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold"></font></p></td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">  9,407</font></p></td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="background-color:#c6d9f1; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="page-break-after:avoid; margin-top:0pt; margin-bottom:0pt; margin-left:0pt"><font style="font-family:'Times New Roman'; font-size:10pt">$</font></p></td><td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="page-break-after:avoid; margin-top:0pt; margin-right:0pt; margin-bottom:0pt"><font style="font-family:'Times New Roman'; font-size:10pt"></font></p></td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">  14,551</font></p></td>
</tr>
<tr>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:5pt 0pt 5pt 36pt; text-indent:-12pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">Variable rate</font><font style="font-family:'Times New Roman'; font-size:10pt">              </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">  48,027</font></p></td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">  48,184</font></p></td>
</tr>
<tr>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:5pt 0pt 5pt 12pt; text-indent:-12pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">Standby letters of credit</font><font style="font-family:'Times New Roman'; font-size:10pt">              </font></p>
</td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold"> </font></p>
</td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">  450</font></p></td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">  477</font></p></td>
</tr>
</table>
</div>
<p style="margin:12pt 0pt 0pt"><font style="font-family:'Times New Roman'; font-size:10pt">Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Generally these financial arrangements have fixed expiration dates or other termination clauses and may require payment of a fee. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Bank upon extension of credit, is based on management’s credit evaluation of the counterparty. Collateral held varies but may include accounts receivable, inventory, property, plant and equipment and income-producing commercial properties. </font></p>
<p style="margin:12pt 0pt 0pt"><font style="font-family:'Times New Roman'; font-size:10pt">The Company also offers limited overdraft protection as a non-contractual courtesy which is available to businesses as well as individually/jointly owned accounts in good standing for personal or household use. The Company reserves the right to discontinue this service without prior notice. </font></p>
<p style="margin:12pt 0pt 0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">The following table is a summary of overdraft protection for the periods indicated: </font></p>
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt"> </font></p>
<div style="text-align: left;">
<table cellspacing="0" cellpadding="0" style="display: block; text-align: left; border: 0">
<tr>
<th style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</th>
<th colspan="11" style="padding-left:0.7pt; padding-right:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt">(Amounts in thousands)</font></p>
</th>
<th style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt"> </font></p>
</th>
</tr>
<tr>
<th style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</th>
<th colspan="3" style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; padding-left:0.7pt; padding-right:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt">June</font><font style="font-family:'Times New Roman'; font-size:8pt"> </font><font style="font-family:'Times New Roman'; font-size:8pt">30,</font><br /><font style="font-family:'Times New Roman'; font-size:8pt">2013</font></p>
</th>
<th style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt"> </font></p>
</th>
<th style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</th>
<th colspan="3" style="padding-left:0.7pt; padding-right:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid; border-bottom-style:solid; border-bottom-width:0.5pt; border-bottom-color:#000000; padding-bottom:1pt"><font style="font-family:'Times New Roman'; font-size:8pt">December</font><font style="font-family:'Times New Roman'; font-size:8pt"> </font><font style="font-family:'Times New Roman'; font-size:8pt">31,</font><br /><font style="font-family:'Times New Roman'; font-size:8pt">2012</font></p>
</th>
<th colspan="3" style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt"> </font></p>
</th>
</tr>
<tr>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:5pt 0pt 5pt 12pt; text-indent:-12pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">Overdraft protection available on depositors’ accounts</font><font style="font-family:'Times New Roman'; font-size:10pt">              </font></p>
</td>
<td style="padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="page-break-after:avoid; margin-top:0pt; margin-bottom:0pt; margin-left:0pt"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">$</font></p></td><td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="page-break-after:avoid; margin-top:0pt; margin-right:0pt; margin-bottom:0pt"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold"></font></p></td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">  9,785</font></p></td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold"> </font><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="page-break-after:avoid; margin-top:0pt; margin-bottom:0pt; margin-left:0pt"><font style="font-family:'Times New Roman'; font-size:10pt">$</font></p></td><td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="page-break-after:avoid; margin-top:0pt; margin-right:0pt; margin-bottom:0pt"><font style="font-family:'Times New Roman'; font-size:10pt"></font></p></td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">  9,814</font></p></td>
<td colspan="3" style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
</tr>
<tr>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:5pt 0pt 5pt 12pt; text-indent:-12pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">Balance of overdrafts included in loans</font><font style="font-family:'Times New Roman'; font-size:10pt">              </font></p>
</td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold"> </font></p>
</td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">  135</font></p></td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold"> </font><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold"> </font></p>
</td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">  167</font></p></td>
<td colspan="3" style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
</tr>
<tr>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:5pt 0pt 5pt 12pt; text-indent:-12pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">Average daily balance of overdrafts</font><font style="font-family:'Times New Roman'; font-size:10pt">              </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">  110</font></p></td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold"> </font><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
<td style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">  112</font></p></td>
<td colspan="3" style="padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
</tr>
<tr>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:5pt 0pt 5pt 12pt; text-indent:-12pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">Average daily balance of overdrafts as a percentage of available</font><font style="font-family:'Times New Roman'; font-size:10pt">              </font></p>
</td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold"> </font></p>
</td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">  1.12</font></p></td>
<td style="background-color:#c6d9f1; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="page-break-after:avoid; margin-top:0pt; margin-bottom:0pt; margin-left:0pt"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold"></font></p></td><td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:left"><p style="page-break-after:avoid; margin-top:0pt; margin-right:0pt; margin-bottom:0pt"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">%</font></p></td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom">
<p style="margin:0pt; text-align:center; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:8pt; font-weight:normal; font-style:normal"> </font></p>
</td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom" colspan="2">
<p style="margin:0pt; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</td>
<td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="margin:0pt; text-align:right; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:10pt">  1.14</font></p></td>
<td style="background-color:#c6d9f1; padding-top:0.7pt; vertical-align:bottom; text-align:right"><p style="page-break-after:avoid; margin-top:0pt; margin-bottom:0pt; margin-left:0pt"><font style="font-family:'Times New Roman'; font-size:10pt"></font></p></td><td style="background-color:#c6d9f1; padding-right:0.7pt; padding-top:0.7pt; vertical-align:bottom; text-align:left" colspan="2"><p style="page-break-after:avoid; margin-top:0pt; margin-right:0pt; margin-bottom:0pt"><font style="font-family:'Times New Roman'; font-size:10pt">%</font></p></td>
</tr>
</table>
</div>
<p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:10pt"> </font></p>
</div>falsefalsefalse | nonnum:textBlockItemTypenaThe entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.25)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 25
-Article 5
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 19
-Article 7
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 17
-Article 9
Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03.17)
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878
Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03.(a)(19))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910
false0
falseCommitmentsUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://www.cortland-banks.com/20130630/taxonomy/role/DisclosureCommitments11