6. Receivables from and Payables to Others

Amounts Receivable from and Payable to Others consist of the following:

(In thousands of dollars)	March 31, 2014		December 31, 2013
Loans receivable	$	—	$	600
Loans receivable - reserve	—		(400		)
Insurance receivable	262		209
Management fees and other — Employee Investment Funds (Refer to Note 8)	267		258
Loans and advances	135		126
Receivable from Homeward — transition services	49		46
Others	132		69
Total receivables from others	$	845	$	908
Payable to employees for the Employee Investment Funds (Refer to Note 8)	$	926	$	939
Loan loss reserves — ClearPoint (Refer to Note 11)	431		431
Draft payables	103		238
Others	38		260
Total payables to others	$	1,498	$	1,868

The Company maintains a group of “zero balance” bank accounts which are included in Payable to others on the Consolidated Statements of Financial Condition. Drafts payable represent the balance in these accounts related to outstanding checks that have not yet been presented for payment at the bank. The Company has sufficient funds on deposit to clear these checks, and these funds will be transferred to the “zero-balance” accounts upon presentment.