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Cash and Cash Equivalents
12 Months Ended
Dec. 31, 2011
Notes to Financial Statements [Abstract]  
Cash and Cash Equivalents
Note 2. Cash and Cash Equivalents

For the purposes of reporting consolidated cash flows, cash and cash equivalents include cash on hand, amounts due from banks and federal funds sold. At December 31, 2011 the Company had a contractual clearing balance of $500,000 and a reserve balance requirement of $629,000 at the Federal Reserve Bank, which are satisfied by both cash on hand at branches and balances held at the Federal Reserve Bank of Boston. The Company maintains a portion of its cash in bank deposit accounts which, at times, may exceed federally insured limits. The Company has not experienced any losses in such accounts. The Company believes it is not exposed to any significant risk with respect to these accounts.