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Loans | 12 Months Ended
--- | ---
Dec. 31, 2011
Loans [Abstract] |
Loans | NOTE 3. Loans The composition of loans at December 31, 2011 and 2010 was as follows:
| December 31,
|  | 2011 |  | 2010
| (in thousands)
Mortgage loans on real estate: |  |  |  |
Construction and land development | $ | 31,579 | $ | 31,560
Secured by farmland |  | 3,390 |  | 4,332
Secured by 1-4 family residential properties |  | 212,638 |  | 207,671
Multifamily |  | 4,517 |  | 4,908
Commercial |  | 118,043 |  | 116,381
Loans to farmers |  | 1,910 |  | 1,293
Commercial and industrial loans |  | 22,866 |  | 24,449
Consumer installment loans |  | 13,185 |  | 14,518
All other loans |  | 2,296 |  | 3,337
| $ | 410,424 | $ | 408,449
Less: Allowance for loan losses |  | 8,743 |  | 7,111
| $ | 401,681 | $ | 401,338

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