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Fair Value of Financial Instruments
6 Months Ended
Jun. 30, 2013
Fair Value of Financial Instruments  
Fair Value of Financial Instruments

22.       Fair Value of Financial Instruments

 

All of the financial instruments of the Company are reported on the Consolidated Statements of Financial Condition at market or fair value, or at carrying amounts that approximate fair value, because of their short term nature, with the exception of subordinated debt.  The carrying value of the subordinated debt at June 30, 2013 and December 31, 2012 approximated fair value based on current rates available.