LOANS

6 Months Ended

Jun. 30, 2011

LOANS

NOTE 4 – LOANS

Major classifications of loans at June 30, 2011 and December 31, 2010 are as follows (in thousands):

	June 30, 2011		December 31, 2010
Loans secured by real estate:
Construction and development	$	13,027	$	12,472
Secured by farmland		3,408		2,590
Secured by 1-4 family residential properties:
Revolving, open-end loans		10,291		9,935
All other 1-4 family		83,715		81,665
Secured by non-farm, non-residential properties		259,255		255,851
Commercial and industrial loans		45,407		44,850
Loans to individuals for household, family and other personal expenditures:
Ready credit loans		610		582
Other consumer loans		10,052		10,190
Other loans:
Agricultural loans		1,452		1,771
All other loans		5,744		5,163
Total loans	$	432,961	$	425,069