FAIR VALUES AND MEASUREMENTS OF FINANCIAL INSTRUMENTS (Tables)

3 Months Ended

Mar. 31, 2013

Fair Value Disclosures [Abstract]

Fair Value, by Balance Sheet Grouping [Table Text Block]

The following table presents information about the Corporation’s assets and liabilities measured at fair value on a recurring basis as of March 31, 2013 and December 31, 2012, and the valuation techniques used by the Corporation to determine those fair values.

Assets and liabilities measured at fair value on a recurring basis for the periods indicated:

	Quoted Prices in		Significant		Significant
(Dollar amounts in thousands)	Active Markets		Observable		Unobservable
	For Identical		Inputs		Inputs
March 31, 2013	Assets (Level 1)		(Level 2)		(Level 3)		Balance
Assets
State and political subdivisions		0		9,941		0		9,941
Mortgage-backed securities		0		4,154		0		4,154
Total Assets	$	0	$	14,095	$	0	$	14,095
Liabilities	$	0	$	0	$	0	$	0
December 31, 2012
Assets
State and political subdivisions		0		10,272		0		10,272
Mortgage-backed securities		0		4,501		0		4,501
Total Assets	$	0	$	14,773	$	0	$	14,773
Liabilities	$	0	$	0	$	0	$	0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Table Text Block]

The following table presents financial assets and liabilities measured on a nonrecurring basis.

	Fair Value Measurements at Reporting Date Using
	Balance at
(In thousands)	March 31,		Level 1		Level 2		Level 3
2013
Impaired loans	$	10,798	$	0	$	0	$	10,798
Real estate acquired through foreclosure		0		0		0		0

	Balance at
(In thousands)	December 31,		Level 1		Level 2		Level 3
2012
Impaired loans	$	12,056	$	0	$	0	$	12,056
Real estate acquired through foreclosure		128		0		0		128

Schedule Of Carrying Amount and Fair Values Of Financial Instruments [Table Text Block]

The tables below presents the estimated fair values of the Corporation’s financial instruments for the periods indicated.

							Quoted Prices			Significant
							In Active			Other			Significant
(Dollar amounts in thousands)							Markets for			Observable			Unobservable
	Carrying			Estimated			Identical Assets			Inputs			Inputs
March 31, 2013	Amount			Fair Value			(Level 1)			(Level 2)			(Level 3)
Financial Assets:
Cash equivalents and federal funds sold	$	33,581		$	33,581		$	33,581		$	0		$	0
Securities available for sale		14,095			14,095			0			14,095			0
Other investment securities		2,259			2,259			0			0			2,259
Loans, net of allowance for loan loss		235,726			227,071			0			0			227,071
Accrued interest receivable		1,258			1,258			0			0			1,258
Financial Liabilities:
Noninterest-bearing deposits	$	(46,777	)	$	(46,777	)	$	(46,777	)	$	0		$	0
Interest-bearing deposits		(142,442	)		(142,442	)		0			(142,442	)		0
Time deposits		(81,508	)		(80,568	)		0			(80,568	)		0
FHLB advances		(1,894	)		(1,781	)		0			(1,781	)		0
Accrued interest payable		(93	)		(93	)		0			0			(93	)

							Quoted Prices			Significant
							In Active			Other			Significant
(Dollar amounts in thousands)							Markets for			Observable			Unobservable
	Carrying			Estimated			Identical Assets			Inputs			Inputs
December 31, 2012	Amount			Fair Value			(Level 1)			(Level 2)			(Level 3)
Financial Assets:
Cash equivalents and federal funds sold	$	22,904		$	22,904		$	22,904		$	0		$	0
Securities available for sale		14,773			14,733			0			14,733			0
Other investment securities		2,259			2,259			0			0			2,259
Loans, net of allowance for loan loss		243,303			240,910			0			0			240,910
Accrued interest receivable		1,181			1,181			0			0			1,181
Financial Liabilities:
Noninterest-bearing deposits	$	(45,616	)	$	(45,616	)	$	(45,616	)	$	0		$	0
Interest-bearing deposits		(139,632	)		(139,632	)		0			(139,632	)		0
Time deposits		(83,191	)		(82,216	)		0			(82,216	)		0
FHLB advances		(1,922	)		(1,854	)		0			(1,854	)		0
Accrued interest payable		(93	)		(93	)		0			0			(93	)