12.	RELATED PARTY TRANSACTIONS

Loans

The following summarizes the activity with respect to loans made to the Company’s officers and directors, and their affiliates.

 

		Years Ended December 31,
		2013				2012
		(In thousands)
Balance at beginning of year		$	3,281			$	3,282
Additions			661				807
Reductions			(899	)			(808	)
Balance at end of year		$	3,043			$	3,281

Such loans are made in the normal course of business at the Bank’s normal credit terms, including interest rate and collateral requirements, and do not represent more than a normal risk of collection.

Deposits

Deposits from related parties totaled $50.1 million and $51.9 million at December 31, 2013 and 2012, respectively. All such deposits were accepted in the ordinary course of business on substantially the same terms as those prevailing at the time for comparable transactions with other persons.