Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2015

Fair Value Disclosures [Abstract]

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

Based on the foregoing methods and assumptions, the carrying value and fair value of the Company’s financial instruments are as follows at June 30, 2015 and December 31, 2014 (in thousands):

	At June 30, 2015
	Carrying
	Amount		Fair Value		Level 1		Level 2		Level 3
Financial assets
Cash and cash equivalents	$	47,393	$	47,393	$	47,393	$	—	$	—
Securities available-for-sale		78,975		78,975		—		78,975		—
Loans (net of allowance)		378,000		379,316		—		—		379,316
FHLB stock		3,250		3,250		—		3,250		—
Accrued interest receivable		1,461		1,461		—		—		1,461
Financial liabilities
Non-interest-bearing deposits	$	118,114	$	118,114		—	$	118,114		—
Interest-bearing deposits		352,411		352,474		—		352,474		—
FHLB advances		4,719		4,719		—		4,719		—
Accrued interest payable		66		66		—		—		66

	At December 31, 2014
	Carrying
	Amount		Fair Value		Level 1		Level 2		Level 3
Financial assets
Cash and cash equivalents	$	21,274	$	21,274	$	21,274	$	—	$	—
Securities available-for-sale		75,909		75,909		—		75,909		—
Loans (net of allowance)		381,208		381,224		—		—		381,224
FHLB stock		3,250		3,250				3,250		—
Accrued interest receivable		1,234		1,234		—		—		1,234
Financial liabilities
Non-interest-bearing deposits	$	111,022	$	111,022	$	—	$	111,022	$	—
Interest-bearing deposits		342,170		342,318		—		342,318		—
FHLB advances		11,808		11,808		—		11,808		—
Accrued interest payable		36		36		—		—		36

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

The following table presents the fair value measurements of assets recognized in the accompanying balance sheets measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall at June 30, 2015 and December 31, 2014 (in thousands):

	At June 30, 2015
			Fair Value Measurements Using
			Quoted Prices
			in Active		Significant
			Markets for		Other		Significant
			Identical		Observable		Unobservable
			Assets		Inputs		Inputs
	Fair Value		(Level 1)		(Level 2)		(Level 3)
U.S. Government and agency obligations	$	14,393	$	—	$	14,393	$	—
Corporate bonds		4,972		—		4,972		—
State and municipal obligations		22,476		—		22,476		—
Collateralized mortgage obligations		20,272		—		20,272		—
Mortgage-backed securities		16,862		—		16,862		—
Total	$	78,975	$	—	$	78,975	$	—

	At December 31, 2014
			Fair Value Measurements Using
			Quoted Prices
			in Active		Significant
			Markets for		Other		Significant
			Identical		Observable		Unobservable
			Assets		Inputs		Inputs
	Fair Value		(Level 1)		(Level 2)		(Level 3)
U.S. Government and agency obligations	$	11,545	$	—	$	11,545	$	—
Corporate bonds		4,987		—		4,987		—
State and municipal obligations		21,657		—		21,657		—
Collateralized mortgage obligations		19,580		—		19,580		—
Mortgage-backed securities		18,140		—		18,140		—
Total	$	75,909	$	—	$	75,909	$	—

Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]

The following table presents the fair value measurements of assets measured at fair value on a non-recurring basis and the level within the fair value hierarchy in which the fair value measurements fall at June 30, 2015 and December 31, 2014 (in thousands).

	At June 30, 2015
	Fair Value Measurements Using
			Quoted Prices
			in Active		Significant
			Markets for		Other		Significant
			Identical		Observable		Unobservable
	Fair		Assets		Inputs		Inputs
	Value		(Level 1)		(Level 2)		(Level 3)
Impaired loans	$	11,838	$	—	$	—	$	11,838
Real estate owned		807		—		—		807

	At December 31, 2014
	Fair Value Measurements Using
			Quoted Prices
			in Active		Significant
			Markets for		Other		Significant
			Identical		Observable		Unobservable
	Fair		Assets		Inputs		Inputs
	Value		(Level 1)		(Level 2)		(Level 3)
Impaired loans	$	12,173		—		—	$	12,173
Real estate owned		1,111		—		—		1,111