XML 59 R47.htm IDEA: XBRL DOCUMENT v3.4.0.3
FAIR VALUE MEASUREMENT (Information on Financial Assets and Liabilities) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Financial assets:    
Certificates of deposit $ 22,540 $ 23,520 [1]
Securities available-for-sale 70,460 70,281 [1]
Securities held-to-maturity 63,368 65,633
Level 1    
Financial assets:    
Cash and cash equivalents 43,061 26,755
Certificates of deposit 0 0
Securities available-for-sale 0 0
Securities held-to-maturity 0 0
Loans held for sale 0 0
Loans, net 0 0
FHLB stock 0 0
Accrued interest receivable 0 0
Financial liabilities:    
Deposits 0 0
Subordinated debentures and subordinated promissory notes 0 0
Borrowings 0 0
Accrued interest payable 0 0
Level 2    
Financial assets:    
Cash and cash equivalents 0 0
Certificates of deposit 22,540 23,520
Securities available-for-sale 69,960 69,781
Securities held-to-maturity 63,368 65,633
Loans held for sale 730 1,145
Loans, net 0 0
FHLB stock 3,596 3,288
Accrued interest receivable 1,557 1,594
Financial liabilities:    
Deposits 560,874 541,818
Subordinated debentures and subordinated promissory notes 0 0
Borrowings 71,914 61,709
Accrued interest payable 439 437
Level 3    
Financial assets:    
Cash and cash equivalents 0 0
Certificates of deposit 0 0
Securities available-for-sale 500 500
Securities held-to-maturity 0 0
Loans held for sale 0 0
Loans, net 440,375 423,285
FHLB stock 0 0
Accrued interest receivable 0 0
Financial liabilities:    
Deposits 0 0
Subordinated debentures and subordinated promissory notes 23,872 23,872
Borrowings 0 0
Accrued interest payable 0 0
Carrying Value    
Financial assets:    
Cash and cash equivalents 43,061 26,755
Certificates of deposit 22,540 23,520
Securities available-for-sale 70,460 70,281
Securities held-to-maturity 62,212 65,354
Loans held for sale 730 1,145
Loans, net 466,759 448,697
FHLB stock 3,596 3,288
Accrued interest receivable 1,557 1,594
Financial liabilities:    
Deposits 561,378 542,334
Subordinated debentures and subordinated promissory notes 23,872 23,872
Borrowings 70,000 60,000
Accrued interest payable 439 437
Estimated Fair Value    
Financial assets:    
Cash and cash equivalents 43,061 26,755
Certificates of deposit 22,540 23,520
Securities available-for-sale 70,460 70,281
Securities held-to-maturity 63,368 65,633
Loans held for sale 730 1,145
Loans, net 440,375 423,285
FHLB stock 3,596 3,288
Accrued interest receivable 1,557 1,594
Financial liabilities:    
Deposits 560,874 541,818
Subordinated debentures and subordinated promissory notes 23,872 23,872
Borrowings 71,914 61,709
Accrued interest payable $ 439 $ 437
Loans Receivable    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Adjustment for current liquidity and market discount, rate 5.00%  
[1] Derived from audited consolidated financial statements.