content_image/100419.jpg content_image/100420.jpg content_image/100421.jpg
## NOTE 9— Securities Held to Maturity 

## NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 

(Dollar Amounts in Thousands) 

Below is an analysis of the amortized cost and approximate fair values of debt securities held to maturity at December 31, 2001 and 2000: 

<img src='content_image/100419.jpg'>

The amortized cost and estimated market value of debt securities at December 31, 2001, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or repay obligations with or without call or prepayment penalties. 

<img src='content_image/100420.jpg'>

There were no sales of securities held to maturity in 2001, 2000 or 1999. 

Securities held to maturity with an amortized cost of $205,150 and $245,908 were pledged at December 31, 2001 and 2000, respectively, to secure public deposits and for other purposes required or permitted by law. 

## NOTE 10— Loans (all domestic) 

Loans at year end were divided among these general categories: 

<img src='content_image/100421.jpg'>

Most of the Corporation’ s business activity was with customers located within Pennsylvania. The portfolio is well diversified, and as of December 31, 2001 and 2000, there were no significant concentrations of credit. 

