Question-and-Answer Session
Operator
(Operator Instructions). Your first question comes from Eileen Rooney - KBW.
Eileen Rooney - KBW
If you could us the amount of that comp reversal that was in the compensation line.
William Small
It was approximately 800,000.
Eileen Rooney - KBW
What was the inflows into non performing this quarter.
William Small
I can't remember off hand. Really I can't give you the specific credits that would (inaudible).
Eileen Rooney - KBW
Okay, I know I was just kind of wondering the dollar amounts, if you took out charge-off and all if you back that stuff out?
William Small
The non-performing were essentially flat and we had charge-offs of well 2.5 million right. So I would say that if they were flat then we've added inflow about 2.5 million into the non-performing.
Eileen Rooney - KBW
Okay, I just wasn't sure if there were things that paid down or moved for you.
William Small
Some of it, so it's probably a little north of that but not a lot.
Eileen Rooney – KBW
Question on loan growth this quarter, I'm sorry if I missed this in your comments. The commercial real estate category seem to have a quite a bit of growth. I was just wondering where that was coming from, what types of credits, any particular region?
William Small
The commercial real estate loans that we are booking now are primarily are multi-family residential apartment complexes that's a category that's performed well for us. There is a major real estate developer and owner in the Toledo area that passed away and literally put about 30 million of the apartments complexes on the market. So we've financed a few of those for good borrowers, that's a category that has performed well for us.
Donald Hileman
We have, how we underwrite those credits over the course of this year and in line with the economic environment that we are in and we've improved and required with more down payment, we require more collateral, little stronger guarantors on some of those credits I think we newer credits are underwritten a little bit stronger than they were in prior periods.
Eileen Rooney – KBW
And what would be like a typical under value you know?
Donald Hileman
Maximum 80, more in cases 75% and then cases were it's a property that needs improvements, we require in that case to be put an upfront, we hold back until the improvements are made.
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