Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2013

Fair Value Measurements Tables

Schedule of securities available for sale measured at fair value on a recurring basis

Securities available for sale measured at fair value on a recurring basis are summarized below (in thousands):

			Fair Value Measurements at Reporting Date Using
			Quoted Prices
			In Active		Significant
			Markets for		Other		Significant
			Identical		Observable		Unobservable
	Fair		Assets		Inputs		Inputs
	Value		(Level 1)		(Level 2)		(Level 3)
As of June 30, 2013-
Mortgage-backed securities	$	20,722	$	0	$	20,722	$	0
As of December 31, 2012-
Mortgage-backed securities	$	18,648	$	0	$	18,648	$	0

Schedule of assets measured on a nonrecurring basis

Assets measured at fair value on a nonrecurring basis are as follows (in thousands):

											Losses
	Fair								Total		Recorded in
	Value		Level 1		Level 2		Level 3		Losses		Operations
At June 30, 2013:
Residential real estate	$	1,504	$	0	$	0	$	1,504	$	507	$	0
Commercial real estate		5,841		0		0		5,841		5,119		1,344
Land and construction		312		0		0		312		124		0
	$	7,657	$	0	$	0	$	7,657	$	5,750	$	1,344
Foreclosed real estate	$	7,834	$	0	$	0	$	7,834	$	724	$	724
At December 31, 2012:
Residential real estate	$	1,247	$	0	$	0	$	1,247	$	451	$	0
Commercial real estate		6,232		0		0		6,232		2,780		366
Land and construction		887		0		0		887		449		0
	$	8,366	$	0	$	0	$	8,366	$	3,680	$	366
Foreclosed real estate	$	10,938	$	0	$	0	$	10,938	$	102	$	102