Repurchase Agreements

12 Months Ended

Dec. 31, 2012

Repurchase Agreements

Repurchase Agreements

(2) Repurchase Agreements

Repurchase agreements averaged $12.5 million during the year ended December 31, 2012 and $13.7 million during the year ended December 31, 2011.  The maximum amount of such agreements outstanding at any month end was $95.0 million during the year ended December 31, 2012 and $65.9 million during the year ended December 31, 2011.  There were no repurchase agreements outstanding at December 31, 2012 and 2011.  None of the securities held under repurchase agreements were sold or repledged during the years ended December 31, 2012 and 2011.