DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2013

Fair Value Disclosures [Abstract]

Schedule of fair value measurements of assets on a recurring basis

			June 30, 2013
			Fair Value Measurements Using
	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
	(Unaudited; In Thousands)
Available-for-sale securities
Federal agencies	$	44,940	$	-	$	44,940	$	-
State and municipal		34,386		-		34,386		-
Government-sponsored enterprise (GSE) residential mortgage-backed and other asset-backed agency securities		44,264		-		44,264		-
Corporate		2,718		-		1,497		1,221
Total	$	126,308	$	-	$	125,087	$	1,221

			December 31, 2012
			Fair Value Measurements Using
	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
	(In Thousands)
Available-for-sale securities
Federal agencies	$	43,409	$	-	$	43,409	$	-
State and municipal		31,162		-		31,162		-
Government-sponsored enterprise (GSE) residential mortgage-backed and other asset-backed agency securities		36,022		-		36,022		-
Corporate		3,177		-		1,980		1,197
Total	$	113,770	$	-	$	112,573	$	1,197

Schedule of reconciliation of the beginning and ending balances of recurring fair value measurements using significant unobservable

	Available-for-Sale Securities
	Six Months Ended June 30, 2013			Six Months Ended June 30, 2012
	(Unaudited; In Thousands)
Beginning balance	$	1,197		$	1,090
Accretion		8			4
Total realized and unrealized gains and losses
Included in net income		-			-
Unrealized gains included in other comprehensive income		78			60
Purchases		-			-
Settlements, including pay downs		(62	)		(8	)
Transfers in and/or out of Level 3		-			-
Ending balance	$	1,221		$	1,146
Total gains or losses for the period included in net income attributable to the change in unrealized gains or losses related to assets and liabilities still held at the reporting date	$	-		$	-

	Available-for-Sale Securities
	Three Months Ended June 30, 2013			Three Months Ended June 30, 2012
	(Unaudited; In Thousands)
Beginning balance	$	1,208		$	1,073
Accretion		2			2
Total realized and unrealized gains and losses
Included in net income		-			-
Unrealized gains included in other comprehensive income		15			75
Purchases		-			-
Settlements, including pay downs		(4	)		(4	)
Transfers in and/or out of Level 3		-			-
Ending balance	$	1,221		$	1,146
Total gains or losses for the period included in net income attributable to the change in unrealized gains or losses related to assets and liabilities still held at the reporting date	$	-		$	-

Schedule of fair value measurements of assets and liabilities on a nonrecurring basis

				June 30, 2013
				Fair Value Measurements Using
	Fair Value			Quoted Prices in Active Markets for Identical Assets (Level 1)			Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
	(Unaudited; In Thousands)
Impaired loans		$	1,373		$	-		$	-		$	1,373
Real estate held for sale			200			-			-			200

				December 31, 2012
				Fair Value Measurements Using
	Fair Value			Quoted Prices in Active Markets for Identical Assets (Level 1)			Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
	(In Thousands)
Impaired loans		$	4,363		$	-		$	-		$	4,363
Real estate held for sale			700			-			-			700

Schedule of quantitative information about Level 3 fair value measurements

	Fair Value at June 30, 2013	Valuation Techniques	Unobservable Input	Range
	(Unaudited; In Thousands)
Impaired loans	$1,373	Comparative sales based on independent appraisal	Marketability Discount	18.4%-100	%
Real estate held for sale	$   200	Comparative sales based on independent appraisal	Marketability Discount	41.5	%
Securities available for sale
Corporate	$1,221	Discounted cash flows	*Default probability	.21%-1.73	%
			*Loss, given default	100	%
			*Discount rate	3.32%-9.0	%
			*Recovery rate	0%-15	%
			*Prepayment rate	0%-40	%

	Fair Value at December 31, 2012	Valuation Techniques	Unobservable Input	Range (Weighted Average)
	(Unaudited; In Thousands)
Impaired loans	$4,363	Comparative sales based on independent appraisal	Marketability Discount	10%-20	%
Real estate held for sale	$   700	Comparative sales based on independent appraisal	Marketability Discount	10%-20	%
Securities available for sale
Corporate	$1,197	Discounted cash flows	*Default probability	.21%-1.73	%
			*Loss, given default	100	%
			*Discount rate	3.32%-9.0	%
			*Recovery rate	0%-15	%
			*Prepayment rate	0%-40	%

Schedule of estimated fair values of the Corporation's financial instruments and the level within the fair value hierarchy

			Fair Value Measurements Using
	Carrying Amount		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
	(Unaudited; In Thousands)
June 30, 2013:
Assets
Cash and cash equivalents	$	19,827	$	19,827	$	-	$	-
Investment securities available for sale		126,308		-		125,087		1,221
Loans, held for sale		355		-		355		-
Loans, net of allowance for losses		294,366		-	317,864			-
Federal Home Loan Bank stock		4,595		-		4,595		-
Interest receivable		2,053		-		2,053		-
Liabilities
Deposits		388,618		-	389,795			-
Borrowings		49,717		-	45,025		7,217
Interest payable		319		-		319		-

December 31, 2012:
Assets
Cash and cash equivalents	$	19,152	$	19,152	$	-	$	-
Investment securities available for sale		113,770		-		112,573		1,197
Loans, held for sale		394		-		394		-
Loans, net of allowance for losses		305,518		-		331,543		-
Federal Home Loan Bank stock		4,595		-		4,595		-
Interest receivable		2,292		-		2,292		-
Liabilities
Deposits		384,255		-		386,068		-
Borrowings		49,717		-		45,849		6,898
Interest payable		362		-		362		-