LOANS (Tables)

3 Months Ended

Jun. 30, 2013

Accounting Policies [Abstract]

Composition of loans receivable and loans held-for-sale (Details)

(in thousands)	June 30, 2013			December 31, 2012
Residential 1-4 family	$	218,654		$	198,552
Residential 5+ multifamily		4,881			3,889
Construction of residential 1-4 family		732			2,379
Home equity credit		33,561			34,162
Residential real estate		257,828			238,982
Commercial		92,841			87,382
Construction of commercial		9,129			5,823
Commercial real estate		101,970			93,205
Farm land		4,233			4,320
Vacant land		9,215			9,926
Real estate secured		373,246			346,433
Commercial and industrial		39,035			38,094
Municipal		4,049			3,378
Consumer		3,902			4,181
Loans receivable, gross		420,232			392,086
Deferred loan origination fees and costs, net		1,129			1,032
Allowance for loan losses		(4,632	)		(4,360	)
Loans receivable, net	$	416,729		$	388,758
Loans held-for-sale
Residential 1-4 family	$	864		$	1,879

Composition of loans receivable by risk rating grade

(in thousands)	Pass		Special mention		Substandard		Doubtful		Loss		Total
June 30, 2013
Residential 1-4 family	$	200,213	$	11,757	$	6,587	$	97	$	—	$	218,654
Residential 5+ multifamily		2,691		1,215		975		—		—		4,881
Construction of residential 1-4 family		732		—		—		—		—		732
Home equity credit		31,209		1,152		1,200		—		—		33,561
Residential real estate		234,845		14,124		8,762		97		—		257,828
Commercial		66,523		17,378		8,940		—		—		92,841
Construction of commercial		8,366		153		610		—		—		9,129
Commercial real estate		74,889		17,531		9,550		—		—		101,970
Farm land		1,626		1,450		1,157		—		—		4,233
Vacant land		5,753		297		3,165		—		—		9,215
Real estate secured		317,113		33,402		22,634		97		—		373,246
Commercial and industrial		29,245		8,585		1,205		—		—		39,035
Municipal		4,049		—		—		—		—		4,049
Consumer		3,746		134		22		—		—		3,902
Loans receivable, gross	$	354,153	$	42,121	$	23,861	$	97	$	—	$	420,232
(in thousands)		Pass		Special mention		Substandard		Doubtful		Loss		Total
December 31, 2012
Residential 1-4 family	$	180,442	$	12,473	$	5,538	$	99	$	—	$	198,552
Residential 5+ multifamily		2,872		773		244		—		—		3,889
Construction of residential 1-4 family		1,570		—		809		—		—		2,379
Home equity credit		30,981		1,848		1,333		—		—		34,162
Residential real estate		215,865		15,094		7,924		99		—		238,982
Commercial		64,817		13,299		9,266		—		—		87,382
Construction of commercial		5,055		297		471		—		—		5,823
Commercial real estate		69,872		13,596		9,737		—		—		93,205
Farm land		2,799		341		1,180		—		—		4,320
Vacant land		4,885		863		4,178		—		—		9,926
Real estate secured		293,421		29,894		23,019		99		—		346,433
Commercial and industrial		28,453		8,300		1,341		—		—		38,094
Municipal		3,378		—		—		—		—		3,378
Consumer		3,994		159		28		—		—		4,181
Loans receivable, gross	$	329,246	$	38,353	$	24,388	$	99	$	—	$	392,086

Composition of loans receivable by delinquency status

	Past due
(in thousands)		Current		1-29 days		30-59 days		60-89 days		90-179 days		180 days and over		30 days and over		Accruing 90 days and over		Non-accrual
June 30, 2013
Residential 1-4 family	$	210,299	$	4,959	$	1,808	$	1,036	$	290	$	262	$	3,396	$	—	$	3,587
Residential 5+ multifamily		4,881		—		—		—		—		—		—		—		—
Construction of residential  1-4 family		732		—		—		—		—		—		—		—		—
Home equity credit		32,599		571		119		160		112		—		390		—		137
Residential real estate		248,511		5,530		1,927		1,196		402		262		3,786		—		3,724
Commercial		88,441		2,194		469		654		310		773		2,206		310		1,883
Construction of commercial		8,969		—		—		141		19		—		160		—		19
Commercial real estate		97,410		2,194		469		795		329		773		2,366		310		1,902
Farm land		3,818		—		30		385		—		—		415		—		—
Vacant land		5,957		10		101		27		47		3,073		3,248		—		3,120
Real estate secured		355,696		7,734		2,527		2,403		778		4,108		9,815		310		8,746
Commercial and industrial		38,421		474		116		3		22		—		141		—		148
Municipal		4,050		—		—		—		—		—		—		—		—
Consumer		3,680		143		65		13		—		—		78		—		—
Loans receivable, gross	$	401,847	$	8,351	$	2,708	$	2,419	$	799	$	4,108	$	10,034	$	310	$	8,894
December 31, 2012
Residential 1-4 family	$	190,488	$	2,545	$	3,578	$	639	$	1,185	$	117	$	5,519	$	—	$	3,024
Residential 5+ multifamily		3,889		—		—		—		—		—		—		—		—
Construction of residential  1-4 family		2,379		—		—		—		—		—		—		—		—
Home equity credit		32,540		890		113		396		—		223		732		—		442
Residential real estate		229,296		3,435		3,691		1,035		1,185		340		6,251		—		3,466
Commercial		83,477		864		1,104		566		58		1,313		3,041		—		2,214
Construction of commercial		5,659		—		164		—		—		—		164		—		21
Commercial real estate		89,136		864		1,268		566		58		1,313		3,205		—		2,235
Farm land		3,898		422		—		—		—		—		—		—		—
Vacant land		5,932		—		—		48		740		3,206		3,994		—		3,994
Real estate secured		328,262		4,721		4,959		1,649		1,983		4,859		13,450		—		9,695
Commercial and industrial		37,618		351		26		99		—		—		125		—		164
Municipal		3,378		—		—		—		—		—		—		—		—
Consumer		4,034		108		25		14		—		—		39		—		—
Loans receivable, gross	$	373,292	$	5,180	$	5,010	$	1,762	$	1,983	$	4,859	$	13,614	$	—	$	9,859

Troubled debt restructurings

	Three months ended June 30, 2013						Six months ended June 30, 2013
(in thousands)	Quantity		Pre-modification balance		Post-modification balance		Quantity		Pre-modification balance		Post-modification balance
Residential real estate		2	$	836	$	836		3	$	1,906	$	1,906
Commercial real estate		—		—		—		—		—		—
Commercial and industrial		1		91		91		1		91		91
Troubled debt restructurings		3	$	927	$	927		4	$	1,997	$	1,997
Rate reduction		—	$	—	$	—		2	$	1,070	$	1,070
Rate reduction and debt consolidation		1		91		91		1		91		91
Rate reduction and interest only pursuant to sale		1		758		758		1		758		758
Rate reduction and term extension		1		78		78		1		78		78
Troubled debt restructurings		3	$	927	$	927		5	$	1,997	$	1,997

Changes in the allowance for loan losses

	Three months ended June 30												Six months ended June 30
(in thousands)	Beginning balance		Provision			Charge-offs			Reco-veries		Ending balance		Beginning balance		Provision			Charge-offs			Reco-veries			Ending balance
2013 Periods
Residential	$	1,938	$	9		$	(55	)	$	—	$	1,892	$	1,934	$	32		$	(74	)	$	—		$	1,892
Commercial		1,237		236			(75	)		5		1,403		1,059		413			(75	)		6			1,403
Land		528		(231	)		(160	)		—		137		301		34			(198	)		—			137
Real estate		3,703		14			(290	)		5		3,432		3,294		479			(347	)		6			3,432
Commercial & industrial		455		86			—			—		541		499		46			(4	)		—			541
Municipal		40		1			—			—		41		36		5			—			—			41
Consumer		67		12			(11	)		2		70		92		(3	)		(24	)		5			70
Unallocated		421		127			—			—		548		440		109			—			(1	)		548
Totals	$	4,686	$	240		$	(301	)	$	7	$	4,632	$	4,361	$	636		$	(375	)	$	10		$	4,632
2012 Periods
Residential	$	1,500	$	95		$	(118	)	$	—	$	1,477	$	1,479	$	134		$	(136	)	$	—		$	1,477
Commercial		1,061		214			—			1		1,276		1,139		135			—			2			1,276
Land		339		(120	)		—			—		219		409		(148	)		(42	)		—			219
Real estate		2,900		189			(118	)		1		2,972		3,027		121			(178	)		2			2,972
Commercial & industrial		778		38			—			5		821		704		138			(29	)		8			821
Municipal		28		(1	)		—			—		27		24		3			—			—			27
Consumer		132		(41	)		(39	)		13		65		79		17			(49	)		18			65
Unallocated		328		(5	)		—			—		323		242		81			—			—			323
Totals	$	4,166	$	180		$	(157	)	$	19	$	4,208	$	4,076	$	360		$	(256	)	$	28		$	4,208

Composition of loans receivable and the allowance for loan losses

(in thousands)	Collectively evaluated				Individually evaluated				Total portfolio
		Loans		Allowance		Loans		Allowance		Loans		Allowance
June 30, 2013
Residential 1-4 family	$	212,106	$	842	$	6,548	$	611	$	218,654	$	1,453
Residential 5+ multifamily		3,916		20		965		50		4,881		70
Construction of residential 1-4 family		732		3		—		—		732		3
Home equity credit		33,192		366		369		—		33,561		366
Residential real estate		249,946		1,231		7,882		661		257,828		1,892
Commercial		87,462		989		5,379		296		92,841		1,285
Construction of commercial		9,110		98		19		20		9,129		118
Commercial real estate		96,572		1,087		5,398		316		101,970		1,403
Farm land		4,233		67		—		—		4,233		67
Vacant land		6,095		66		3,120		4		9,215		70
Real estate secured		356,846		2,451		16,400		981		373,246		3,432
Commercial and industrial		37,995		456		1,040		85		39,035		541
Municipal		4,049		40		—		—		4,049		40
Consumer		3,835		37		67		33		3,902		70
Unallocated allowance		—		—		—		—		—		549
Totals	$	402,725	$	2,984	$	17,507	$	1,099	$	420,232	$	4,632
(in thousands)	Collectively evaluated				Individually evaluated				Total portfolio
		Loans		Allowance		Loans		Allowance		Loans		Allowance
December 31, 2012
Residential 1-4 family	$	191,886	$	743	$	6,666	$	652	$	198,552	$	1,395
Residential 5+ multifamily		2,913		22		976		50		3,889		72
Construction of residential 1-4 family		2,379		10		—		—		2,379		10
Home equity credit		33,697		365		465		92		34,162		457
Residential real estate		230,875		1,140		8,107		794		238,982		1,934

Commercial		81,635		931		5,747		64		87,382		995
Construction of commercial		5,802		64		21		—		5,823		64
Commercial real estate		87,437		995		5,768		64		93,205		1,059
Farm land		4,320		66		—		—		4,320		66
Vacant land		5,795		70		4,131		164		9,926		234
Real estate secured		328,427		2,271		18,006		1,022		346,433		3,293
Commercial and industrial		37,073		467		1,021		32		38,094		499
Municipal		3,378		36		—		—		3,378		36
Consumer		4,061		39		120		53		4,181		92
Unallocated allowance		—		—		—		440		—		440
Totals	$	372,939	$	2,813	$	19,147	$	1,547	$	392,086	$	4,360

Credit quality segments of loans receivable and allowance for loan losses

(in thousands)	Collectively evaluated				Individually evaluated				Total portfolio
		Loans		Allowance		Loans		Allowance		Loans		Allowance
June 30, 2013
Performing loans	$	393,819	$	2,719	$	227	$	33	$	394,046	$	2,752
Potential problem loans		8,907		265		1,428		101		10,335		366
Impaired loans		—		—		15,851		965		15,851		965
Unallocated allowance		—		—		—		549		—		549
Totals	$	402,726	$	2,984	$	17,506	$	1,648	$	420,232	$	4,632
December 31, 2012
Performing loans	$	364,594	$	2,567	$	121	$	52	$	364,715	$	2,619
Potential problem loans		8,345		246		2,464		131		10,809		377
Impaired loans		—		—		16,562		924		16,562		924
Unallocated allowance		—		—		—		440		—		440
Totals	$	372,939	$	2,813	$	19,147	$	1,547	$	392,086	$	4,360

Certain data with respect to impaired loans

	Impaired loans with specific allowance								Impaired loans with no specific allowance
(in thousands)	Loan balance										Loan balance
		Book		Note		Average		Specific allowance		Income recognized		Book		Note		Average		Income recognized
June 30, 2013
Residential 1-4 family	$	4,282	$	4,448	$	4,008	$	585	$	43	$	2,709	$	2,143	$	2,909	$	15
Home equity credit		—		—		127		—		—		185		138		189		1
Residential real estate		4,282		4,448		4,135		585		43		2,894		2,281		3,098		16
Commercial		2,481		2,498		1,641		316		64		2,155		3,086		2,592		20
Vacant land		206		221		2,820		4		—		2,914		640		3,962		—
Real estate secured		6,969		7,167		8,596		905		107		7,963		6,007		9,652		36
Commercial and industrial		303		334		327		60		6		616		599		1,018		18
Consumer		—		—		—		—		—		—		—		—		—
Totals	$	7,272	$	7,501	$	8,923	$	965	$	113	$	8,579	$	6,606	$	10,670	$	54

	Impaired loans with specific allowance								Impaired loans with no specific allowance
(in thousands)	Loan balance										Loan balance
		Book		Note		Average		Specific allowance		Income recognized		Book		Note		Average		Income recognized
December 31, 2012
Residential 1-4 family	$	3,857	$	3,925	$	2,404	$	578	$	77	$	2,263	$	2,460	$	1,601	$	34
Home equity credit		351		351		146		92		—		91		93		203		—
Residential real estate		4,208		4,276		2,550		670		77		2,354		2,553		1,804		34
Commercial		1,629		1,784		1,925		64		60		3,381		3,576		3,122		82
Vacant land		3,186		3,387		1,455		158		—		808		1,467		2,358		4
Real estate secured		9,023		9,447		5,930		892		137		6,543		7,596		7,284		120
Commercial and industrial		335		368		833		32		13		661		1,063		854		31
Consumer		—		—		—		—		—		—		—		—		—
Totals	$	9,358	$	9,815	$	6,763	$	924	$	150	$	7,204	$	8,659	$	8,138	$	151