Loans

12 Months Ended

Dec. 31, 2011

Receivables [Abstract]

Loans [Text Block]

NOTE 4 - LOANS

The following table shows total loans outstanding at December 31 and the percentage change in balances from the prior year. All loans are domestic and contain no significant concentrations by industry or client.

Thousands of dollars	2011		% Change			2010		% Change
Personal	$	103,405		-3.7	%	$	107,399		-3.0	%
Business, including commercial mortgages		335,133		-5.4	%		354,340		-9.7	%
Tax exempt		2,045		-5.7	%		2,169		-27.8	%
Residential mortgage		83,072		-3.4	%		86,006		-0.5	%
Construction and development		39,721		-4.4	%		41,554		-26.7	%
Deferred loan fees and costs		326		-36.9	%		517		-29.0	%
Total portfolio loans	$	563,702		-4.8	%	$	591,985		-8.9	%