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Related Party Transactions
 12 Months Ended
Dec. 31, 2012
Related Party Transactions [Abstract]  
Related Party Transactions

Note 12—Related Party Transactions

In the ordinary course of business, the Bank has granted loans to senior officers and directors and their affiliated companies amounting to $6.5 and $6.9 million at December 31, 2012 and 2011, respectively. New loans approved during 2012 were $827 thousand. During 2012, subsequent advances totaled $13.3 million and payments of $13.7 million were received. The difference in related borrowings amounted to $446 thousand, net reduction. Deposits of directors, executive officers and companies in which they have a direct or indirect ownership as of December 31, 2012 and 2011, amounted to $4.2 million and $4.0 million, respectively.