Annual report pursuant to Section 13 and 15(d)

RELATED PARTY TRANSACTIONS (Tables)

v2.4.0.8
RELATED PARTY TRANSACTIONS (Tables)
12 Months Ended
Dec. 31, 2013
RELATED PARTY TRANSACTIONS [Abstract]  
Loans to principal officers, directors, and their affiliates
Loans to principal officers, directors, and their affiliates were as follows (dollars in thousands).
 
 
 
2013
   
2012
 
Beginning balance
 
$
5,645
   
$
1,370
 
New loans and renewals
   
10,704
     
10,222
 
Repayments and renewals
   
(12,887
)
   
(5,947
)
Effect of changes in related parties
   
---
     
---
 
Less accumulated depreciation
 
$
3,462
   
$
5,645