Unassociated Document

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

(Mark One)

x	Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

For the quarterly period ended March 31, 2011 or

¨	Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

For the transition period from to______

Commission File Number: 0-26128

NorthWest Indiana Bancorp

(Exact name of registrant as specified in its charter)

Indiana		35-1927981
(State or other jurisdiction of incorporation		(I.R.S. Employer
or organization)		Identification Number)

9204 Columbia Avenue
Munster, Indiana		46321
(Address of principal executive offices)		(ZIP code)

Registrant's telephone number, including area code: (219) 836-4400

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ¨ No ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer”, “accelerated filer”, and “smaller reporting company” in Rule 12b-2 of the Exchange Act (Check one):

Large accelerated filer ¨ Accelerated filer ¨ Non-accelerated filer ¨ Smaller Reporting Company x

(Do not check if a smaller reporting company)

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ¨ No x

There were 2,828,977 shares of the registrant’s Common Stock, without par value, outstanding at March 31, 2011.

NorthWest Indiana Bancorp

Index

		Page
		Number
PART I. Financial Information

Item 1.	Unaudited Financial Statements

	Consolidated Balance Sheets, March 31, 2011 and December 31, 2010	1

	Consolidated Statements of Income, Three Months Ended March 31, 2011 and 2010	2

	Consolidated Statements of Changes in Stockholders' Equity, Three Months Ended March 31, 2011 and 2010	3

	Consolidated Statements of Cash Flows, Three Months Ended March 31, 2011 and 2010	4

	Notes to Consolidated Financial Statements	5-17

Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	18-26

Item 3.	Quantitative and Qualitative Disclosures about Market Risk	27

Item 4.	Controls and Procedures	27

PART II. Other Information		28

SIGNATURES		29

EXHIBITS
31.1 Rule 13a-14(a)/15d-14(a) Certification of Chief Executive Officer
31.2 Rule 13a-14(a)/15d-14(a) Certification of Chief Financial Officer
32.1 Section 1350 Certifications

NorthWest Indiana Bancorp

Consolidated Balance Sheets

	March 31,			December 31,
	2011			2010
(Dollars in thousands)	(unaudited)

ASSETS

Cash and non-interest bearing balances in financial institutions	$	7,433		$	7,427
Interest bearing balances in financial institutions		10,445			90
Federal funds sold		702			3,421
Total cash and cash equivalents		18,580			10,938

Securities available-for-sale		153,400			142,055
Securities held-to-maturity		17,772			18,397
Loans held-for-sale		-			422
Loans receivable		411,350			418,233
Less: allowance for loan losses		(9,692	)		(9,121	)
Net loans receivable		401,658			409,112
Federal Home Loan Bank stock		3,381			3,381
Accrued interest receivable		2,498			2,591
Premises and equipment		18,945			19,293
Foreclosed real estate		2,788			3,298
Cash value of bank owned life insurance		12,552			12,452
Prepaid FDIC insurance premium		2,066			2,425
Other assets		6,236			6,689

Total assets	$	639,876		$	631,053

LIABILITIES AND STOCKHOLDERS' EQUITY

Deposits:
Non-interest bearing	$	56,471		$	50,712
Interest bearing		468,717			469,559
Total		525,188			520,271
Repurchase agreements		24,049			16,074
Borrowed funds		26,387			32,544
Accrued expenses and other liabilities		6,961			6,075

Total liabilities		582,585			574,964

Stockholders' Equity:
Preferred stock, no par or stated value; 10,000,000 shares authorized, none outstanding		-			-
Common stock, no par or stated value; 10,000,000 shares authorized;
shares issued: March 31, 2011 - 2,888,902		361			361
December 31, 2010 - 2,888,902
shares outstanding: March 31, 2011 - 2,828,977
December 31, 2010 - 2,826,796
Additional paid in capital		5,149			5,140
Accumulated other comprehensive income/(loss)		(77	)		(492	)
Retained earnings		53,131			52,398
Treasury stock, common shares at cost: March 31, 2011 - 59,925
December 31, 2010 - 62,106		(1,273	)		(1,318	)

Total stockholders' equity		57,291			56,089

Total liabilities and stockholders' equity	$	639,876		$	631,053

See accompanying notes to consolidated financial statements.

NorthWest Indiana Bancorp

Consolidated Statements of Income

(unaudited)

	Three Months Ended
(Dollars in thousands, except per share data)	March 31,
	2011		2010
Interest income:
Loans receivable
Real estate loans	$	4,386	$	5,156
Commercial loans		960		1,032
Consumer loans.		13		24
Total loan interest		5,359		6,212

Securities		1,520		1,530
Other interest earning assets		7		7

Total interest income		6,886		7,749

Interest expense:
Deposits		712		1,201
Repurchase agreements		28		52
Borrowed funds		173		269

Total interest expense		913		1,522

Net interest income		5,973		6,227
Provision for loan losses		1,110		1,235

Net interest income after provision for loan losses		4,863		4,992

Noninterest income:
Fees and service charges.		585		609
Wealth management operations		274		281
Gain on sale of securities, net		263		289
Increase in cash value of bank owned life insurance		101		100
Gain on sale of loans held-for-sale, net		81		109
Gain on foreclosed real estate, net		59		22
Other-than-temporary impairment of securities		-		(19	)
Portion of loss recognized in other comprehensive income		-		(94	)
Other		20		4

Total noninterest income		1,383		1,301

Noninterest expense:
Compensation and benefits		2,365		2,409
Occupancy and equipment		848		785
Federal deposit insurance premiums		373		231
Data processing		252		233
Marketing		141		125
Other		922		892

Total noninterest expense		4,901		4,675

Income before income tax expenses		1,345		1,618
Income tax expenses		173		229

Net income	$	1,172	$	1,389

Earnings per common share:
Basic	$	0.41	$	0.49
Diluted	$	0.41	$	0.49

Dividends declared per common share	$	0.15	$	0.21

See accompanying notes to consolidated financial statements.

NorthWest Indiana Bancorp

Consolidated Statements of Changes in Stockholders' Equity

(unaudited)

	Three Months Ended
(Dollars in thousands)	March 31,
	2011			2010

Balance at beginning of period	$	56,089		$	53,078

Comprehensive income:
Net income		1,172			1,389
Net unrealized change on securities available-for-sale, net of reclassifications and tax effects		416			396
Amortization of unrecognized gain		(2	)		(2	)
Comprehensive income		1,586			1,783

Stock based compensation expense		9			10

Sale of treasury stock		31			40

Cash dividends		(424	)		(592	)

Balance at end of period	$	57,291		$	54,319

See accompanying notes to consolidated financial statements.

NorthWest Indiana Bancorp

Consolidated Statements of Cash Flows

(unaudited)

	Three Months Ended
(Dollars in thousands)	March 31,
	2011			2010
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	1,172		$	1,389
Adjustments to reconcile net income to
net cash provided by operating activities:
Origination of loans for sale		(2,788	)		(3,680	)
Sale of loans originated for sale		3,261			4,477
Depreciation and amortization, net of accretion		548			467
Amortization of mortgage servicing rights		45			30
Stock based compensation expense		9			10
Gain on sale of securities, net		(263	)		(289	)
Gain on sale of loans held-for-sale, net		(81	)		(109	)
Net losses due to other-than-temporary impairment of securities		-			113
Gain/(loss) on foreclosed real estate, net		(59	)		(22	)
Provision for loan losses		1,110			1,235
Net change in:
Interest receivable		93			(31	)
Other assets		539			1,304
Cash value of bank owned life insurance		(101	)		(100	)
Accrued expenses and other liabilities		924			3,560
Total adjustments		3,237			6,965
Net cash - operating activities		4,409			8,354

CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from maturities and pay downs of securities available-for-sale		8,875			6,034
Proceeds from sales of securities available-for-sale		6,384			5,683
Purchases of securities available-for-sale		(25,858	)		(25,815	)
Proceeds from maturities and pay downs of securities held-to-maturity		619			926
Net change in loans receivable		6,281			(2,858	)
Purchase of premises and equipment, net		(42	)		(97	)
Proceeds from sales of foreclosed real estate		633			337
Net cash - investing activities		(3,108	)		(15,790	)

CASH FLOWS FROM FINANCING ACTIVITIES:
Change in deposits		4,917			27,007
Proceeds from FHLB advances		-			4,000
Repayment of FHLB advances		(3,000	)		(8,000	)
Change in other borrowed funds		4,817			(3,893	)
Proceeds from sale of treasury stock		31			40
Dividends paid		(424	)		(592	)
Net cash - financing activities		6,341			18,562
Net change in cash and cash equivalents		7,642			11,126
Cash and cash equivalents at beginning of period		10,938			13,222
Cash and cash equivalents at end of period	$	18,580		$	24,348

SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid during the period for:
Interest	$	982		$	1,546
Income taxes	$	5		$	50
SUPPLEMENTAL NONCASH INFORMATION:
Transfers from loans to foreclosed real estate	$	120		$	237

See accompanying notes to consolidated financial statements.

NorthWest Indiana Bancorp

Notes to Consolidated Financial Statements

Note 1 - Basis of Presentation

The consolidated financial statements include the accounts of NorthWest Indiana Bancorp (the “Bancorp”), its wholly-owned subsidiary, Peoples Bank SB (the “Bank”), and the Bank’s wholly-owned subsidiaries, Peoples Service Corporation, NWIN, LLC and NWIN Funding, Inc. The Bancorp has no other business activity other than being a holding company for the Bank. The Bancorp’s earnings are dependent upon the earnings of the Bank. The accompanying unaudited consolidated financial statements were prepared in accordance with instructions for Form 10-Q and, therefore, do not include all disclosures required by U.S. generally accepted accounting principles for complete presentation of financial statements. In the opinion of management, the consolidated financial statements contain all adjustments necessary to present fairly the consolidated balance sheets of the Bancorp as of March 31, 2011 and December 31, 2010, and the consolidated statements of income, changes in stockholders’ equity, and cash flows for the three months ended March 31, 2011 and 2010. The income reported for the three month period ended March 31, 2011 is not necessarily indicative of the results to be expected for the full year.

Note 2 - Use of Estimates

Preparing financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period, as well as the disclosures provided. Actual results could differ from those estimates. Estimates associated with the allowance for loan losses, fair values of foreclosed real estate, loan servicing rights, and investment securities and the status of contingencies are particularly susceptible to material change in the near term.

Note 3 - Securities

The fair value of available-for-sale securities and the related gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) were as follows:

	(Dollars in thousands)
			Gross		Gross			Estimated
	Cost		Unrealized		Unrealized			Fair
	Basis		Gains		Losses			Value
March 31, 2011
U.S. government sponsored entities	$	8,351	$	1	$	(14	)	$	8,338
Collateralized Mortgage Obligations and residential mortgage-backed securities		102,043		2,292		(205	)		104,130
Municipal securities		37,968		1,458		(60	)		39,366
Collateralized debt obligations		5,215		-		(3,649	)		1,566
Total securities available-for-sale	$	153,577	$	3,751	$	(3,928	)	$	153,400

December 31, 2010
U.S. government sponsored entities	$	4,172	$	-	$	(3	)	$	4,169
Collateralized Mortgage Obligations and residential mortgage-backed securities		94,930		2,372		(160	)		97,142
Municipal securities		38,549		1,027		(211	)		39,365
Collateralized debt obligations		5,215		-		(3,836	)		1,379
Total securities available-for-sale	$	142,866	$	3,399	$	(4,210	)	$	142,055

The carrying amount (cost basis), gross unrecognized gains and losses, and fair value of securities held-to-maturity were as follows:

	(Dollars in thousands)
			Gross		Gross			Estimated
	Cost		Unrecognized		Unrecognized			Fair
	Basis		Gains		Losses			Value
March 31, 2011
Municipal securities	$	16,956	$	723	$	-		$	17,679
Residential mortgage-backed securities		816		22		(3	)		835
Total securities held-to-maturity	$	17,772	$	745	$	(3	)	$	18,514

December 31, 2010
Municipal securities	$	17,573	$	613	$	-		$	18,186
Residential mortgage-backed securities		824		29		(1	)		852
Total securities held-to-maturity	$	18,397	$	642	$	(1	)	$	19,038

The fair value of debt securities and carrying amount, if different, at March 31, 2011, by contractual maturity, were as follows. Securities not due at a single maturity date, primarily mortgage-backed securities, are shown separately.

	(Dollars in thousands)
	Available-for-sale				Held-to-maturity
	Estimated						Estimated
	Fair		Tax-Equivalent		Carrying		Fair		Tax-Equivalent
	Value		Yield (%)		Amount		Value		Yield (%)
Due in one year or less	$	195		7.07	$	-	$	-		-
Due from one to five years		9,042		2.77		1,876		1,994		6.34
Due from five years to ten years		10,849		5.63		11,369		11,869		6.03
Due over ten years		29,184		5.84		3,711		3,816		6.08
Collateralized Mortgage Obligations and residential mortgage-backed securities		104,130		3.88		816		835		4.61
Total	$	153,400		4.31	$	17,772	$	18,514		6.01

Sales of available-for-sale securities were as follows:

	(Dollars in thousands)
	March 31,		March 31,
	2011		2010

Proceeds	$	6,384	$	5,683
Gross gains		263		289
Gross losses		-		-

The change in net unrealized gain/(loss) on available-for-sale securities included in other comprehensive income is as follows:

	(Dollars in thousands)
	Unrealized gains
Beginning balance, December 31, 2010	$	(561	)
Current period change		416
Ending balance, March 31, 2011	$	(145	)

Securities with carrying values of $67,357,000 and $24,484,000 were pledged as of March 31, 2011 and December 31, 2010, respectively, as collateral for repurchase agreements and public funds and for other purposes as permitted or required by law. The increase in pledged securities was the result of new pledging requirements for Indiana public funds deposits.

Securities with unrealized losses at March 31, 2011 and December 31, 2010 not recognized in income are as follows:

						(Dollars in thousands)
	Less than 12 months					12 months or longer					Total
	Estimated					Estimated					Estimated
	Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
	Value		Losses			Value		Losses			Value		Losses
March 31, 2011
U.S. government sponsored entities	$	4,835	$	(14	)	$	-	$	-		$	4,835	$	(14	)
Collateralized Mortgage Obligations and residential mortgage-backed securities		19,980		(208	)		-		-			19,980		(208	)
Municipal securities		5,238		(57	)		410		(3	)		5,648		(60	)
Collateralized debt obligations		-		-			1,566		(3,649	)		1,566		(3,649	)
Total temporarily impaired	$	30,053	$	(279	)	$	1,976	$	(3,652	)	$	32,029	$	(3,931	)
Number of securities				29					5					34

						(Dollars in thousands)
	Less than 12 months					12 months or longer					Total
	Estimated					Estimated					Estimated
	Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
	Value		Losses			Value		Losses			Value		Losses
December 31, 2010
U.S. government sponsored entities	$	2,513	$	(3	)	$	-	$	-		$	2,513	$	(3	)
Collateralized Mortgage Obligations and residential mortgage-backed securities		13,767		(161	)		-		-			13,767		(161	)
Municipal securities		7,496		(194	)		398		(17	)		7,894		(211	)
Collateralized debt obligations		-		-			1,379		(3,836	)		1,379		(3,836	)
Total temporarily impaired	$	23,776	$	(358	)	$	1,777	$	(3,853	)	$	25,553	$	(4,211	)
Number of securities				27					5					32

Unrealized losses on securities have not been recognized into income because the securities are of high credit quality or have undisrupted cash flows. Management has the intent and ability to hold these securities for the foreseeable future, and the decline in fair value is largely due to changes in interest rates and market volatility. The fair values are expected to recover as the securities approach maturity.

Note 4 - Loans Receivable

	(Dollars in thousands)
	March 31, 2011			December 31, 2010
Loans secured by real estate:
Construction and land development	$	34,763		$	46,371
Residential, including home equity		149,330			153,150
Commercial real estate and other dwelling		154,753			146,111
Total loans secured by real estate		338,846			345,632
Consumer loans		623			765
Commercial business		63,171			61,837
Government and other		9,062			10,380
Subtotal		411,702			418,614
Less:
Net deferred loan origination fees		(251	)		(273	)
Undisbursed loan funds		(101	)		(108	)
Loans receivable	$	411,350		$	418,233

The Bancorp's activity in the allowance for loan losses, by loan segment, is summarized below for the three months ended March 31, 2011:

							Commercial
							Real Estate,
							Construction &
							Land
	Residential Real						Development,			Commercial
	Estate, Including			Consumer			and Other			Participations			Commercial
(Dollars in thousands)	Home Equity			Loans			Dwellings			Purchased			Business Loans			Government		Total
For the three months ending March 31, 2011
Allowance for loan losses:
Beginning Balance	$	994		$	30		$	2,773		$	4,704		$	620		$	-		9,121
Charge-offs		(138	)		(2	)		(393	)		(40	)		-			-		(573	)
Recoveries		-			9			-			-			25			-		34
Provisions		183			(17	)		617			404			(77	)		-		1,110
Ending Balance	$	1,039		$	20		$	2,997		$	5,068		$	568		$	-	$	9,692

The Bancorp's allowance for loan loss impairment evaluation, by loan segment, at March 31, 2011:

Ending balance: individually
evaluated for impairment	$	1	$	-	$	1,074	$	2,886	$	18	$	-	$	3,979

Ending balance: collectively
evaluated for impairment	$	1,038	$	20	$	1,923	$	2,182	$	550	$	-	$	5,713

Ending balance: loans acquired
with deteriorated credit quality	$	-	$	-	$	-	$	-	$	-	$	-	$	-

FINANCING RECEIVABLES
Ending balance	$	149,071	$	621	$	161,268	$	28,248	$	63,080	$	9,062	$	411,350

Ending balance: individually
evaluated for impairment	$	119	$	-	$	10,339	$	14,619	$	118	$	-	$	25,195

Ending balance: collectively
evaluated for impairment	$	148,952	$	621	$	150,929	$	13,629	$	62,962	$	9,062	$	386,155

Ending balance: loans acquired
with deteriorated credit quality	$	-	$	-	$	-	$	-	$	-	$	-	$	-

The Bancorp's allowance for loan loss impairment evaluation, by loan segment, at December 31, 2010:

Ending balance: individually
evaluated for impairment	$	1	$	-	$	875	$	1,897	$	21	$	-	$	2,794

Ending balance: collectively
evaluated for impairment	$	993	$	30	$	1,898	$	2,807	$	599	$	-	$	6,327

Ending balance: loans acquired
with deteriorated credit quality	$	-	$	-	$	-	$	-	$	-	$	-	$	-

FINANCING RECEIVABLES
Ending balance	$	152,881	$	874	$	163,616	$	28,866	$	61,726	$	10,270	$	418,233

Ending balance: individually
evaluated for impairment	$	64	$	-	$	10,974	$	14,493	$	482	$	-	$	26,013

Ending balance: collectively
evaluated for impairment	$	152,817	$	874	$	152,642	$	14,373	$	61,244	$	10,270	$	392,220

Ending balance: loans acquired
with deteriorated credit quality	$	-	$	-	$	-	$	-	$	-	$	-	$	-

The Bancorp's credit quality indicators by loan segment are summarized below at March 31, 2011 and December 31, 2010:

		(Dollars in thousands)
		Corporate Credit Exposure - Credit Risk Portfolio By Creditworthiness Category
		Commercial Real Estate, Construction
		& Land Development, and Other Dwellings				Commercial Participations Purchased				Commercial Business Loans				Government
Loan Grades		2011		2010		2011		2010		2011		2010		2011		2010
2	Modest risk	$	30	$	31	$	-	$	-	$	4,300	$	4,724	$	-	$	-
3	Acceptable risk		80,463		63,330		1,460		1,473		33,118		30,549		9,062		10,270
4	Pass/monitor		58,784		78,758		6,245		6,482		20,704		21,131		-		-
5	Special mention (watch)		10,844		9,817		6,146		6,419		3,532		2,517		-		-
6	Substandard		11,149		11,680		14,396		14,492		1,425		2,805		-		-
7	Doubtful		-		-		-		-		-		-		-		-
	Total	$	161,270	$	163,616	$	28,247	$	28,866	$	63,079	$	61,726	$	9,062	$	10,270

	(Dollars in thousands)
	Consumer Credit Exposure - Credit Risk Profile Based On Payment Activity
	Residential Real Estate,
	Including Home Equity				Consumer Loans
	2011		2010		2011		2010
Performing	$	146,162	$	149,892	$	621	$	871
Nonperforming		2,909		2,989		-		3
Total	$	149,071	$	152,881	$	621	$	874

The Bancorp’s impaired loans are summarized below:

							For the three months ended
	As of March 31, 2011						March 31, 2011
							Average		Interest
(Dollars in thousands)	Recorded		Unpaid Principal		Related		Recorded		Income
	Investment		Balance		Allowance		Investment		Recognized
With no related allowance recorded:
Residential real estate, including home equity	$	64	$	130	$	-	$	64	$	-
Commercial real estate, construction & land development, and other dwellings		5,827		6,466		-		3,856		229
Commercial participations purchased		2,696		8,179		-		2,878		92
Commercial business loans		-		-		-		1,370		-
With an allowance recorded:
Residential real estate, including home equity		55		55		1		28		1
Commercial real estate, construction & land development, and other dwellings		4,512		4,692		1,074		5,668		139
Commercial participations purchased		11,923		11,923		2,886		10,242		236
Commercial business loans		118		118		18		135		6
Total:
Residential real estate, including home equity	$	119	$	185	$	1	$	92	$	1
Commercial real estate, construction & land development, and other dwellings	$	10,339	$	11,158	$	1,074	$	9,523	$	368
Commercial participations purchased	$	14,619	$	20,102	$	2,886	$	13,120	$	328
Commercial business loans	$	118	$	118	$	18	$	1,504	$	6

	As of December 31, 2010

(Dollars in thousands)	Recorded		Unpaid principal		Related
	investment		balance		allowance
With no related allowance recorded:
Residential real estate, including home equity	$	64	$	64	$	-
Commercial real estate, construction & land development, and other dwellings		1,884		1,992		-
Commercial participations purchased		3,060		8,123		-
Commercial business loans		2,739		2,831		-
With an allowance recorded:
Residential real estate, including home equity		-		-		-
Commercial real estate, construction & land development, and other dwellings		6,823		6,823		1,057
Commercial participations purchased		8,560		8,560		544
Commercial business loans		151		151		120
Total:
Residential real estate, including home equity	$	64	$	64	$	-
Commercial real estate, construction & land development, and other dwellings	$	8,707	$	8,815	$	1,057
Commercial participations purchased	$	11,620	$	16,683	$	544
Commercial business loans	$	2,890	$	2,982	$	120

The Bancorp’s age analysis of past due financing receivables are summarized below:

	(Dollars in thousands)
													Recorded
											Total		Investments
	30-59 Days		60-89 Days		Greater Than		Total Past				Financing		90 Days and
	Past Due		Past Due		90 Days		Due		Current		Receivables		Accruing
March 31, 2011
Residential real estate, including home equity	$	4,037	$	838	$	2,549	$	7,424	$	141,647	$	149,071	$	323
Consumer loans		-		-		38		38		583		621		2
Commercial real estate, construction & land development, and other dwellings		2,250		28		5,111		7,389		153,879		161,268		-
Commercial participations purchased		-		-		14,396		14,396		13,852		28,248		-
Commercial business loans		463