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Loans
6 Months Ended
Jun. 30, 2012
Loans [Abstract]  
Loans
7. Loans

The loan portfolio of the Company consists of the following (in thousands):

 

                 
    June 30, 2012     December 31, 2011  

Commercial

  $ 95,444     $ 83,124  

Commercial loans secured by real estate

    357,810       349,778  

Real estate – mortgage

    214,110       212,663  

Consumer

    17,442       18,172  
   

 

 

   

 

 

 

Loans, net of unearned income

  $ 684,806     $ 663,737  
   

 

 

   

 

 

 

Loan balances at June 30, 2012 and December 31, 2011 are net of unearned income of $517,000 and $452,000, respectively. Real estate-construction loans comprised 2.2%, and 1.9% of total loans, net of unearned income, at June 30, 2012 and December 31, 2011, respectively. The Company has no exposure to subprime mortgage loans in the loan portfolio.