Fair Value (Tables)

12 Months Ended

Dec. 31, 2016

Fair Value Disclosures [Abstract]

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

Assets measured at fair value under Topic 820 on a recurring and non-recurring basis are summarized below (in thousands):

	Fair Value Measurement
	at December 31, 2016 Using
			Quoted Prices
			in Active		Other		Significant
			Markets for		Observable		Unobservable
	Carrying		Identical Assets		Inputs		Inputs
	Value		(Level 1)		(Level 2)		(Level 3)
Financial Assets - Recurring
US Government Agencies	$	32,246		2,103		30,143		-
Mortgage-backed securities		11,648		9,450		2,198		-
Financial Assets - Non-Recurring
Impaired loans		15,441		-		14,467		974
Assets held for sale		841		-		-		841
Real estate owned		2,926		-		2,926		-

	Fair Value Measurement
	at December 31, 2015 Using
			Quoted Prices
			in Active		Other		Significant
			Markets for		Observable		Unobservable
	Carrying		Identical Assets		Inputs		Inputs
	Value		(Level 1)		(Level 2)		(Level 3)
Financial Assets - Recurring
US Government Agencies	$	33,713		3,307		30,406		-
Mortgage-backed securities		3,001		-		3,001		-
Municipals		1,205		-		1,205		-
						-
Financial Assets - Non-Recurring
Impaired loans		20,509		-		18,862		1,647
Assets held for sale		12,631				-		12,631
Real estate owned		6,249		-		6,190		59

Fair Value Inputs, Assets, Quantitative Information [Table Text Block]

The following table presents qualitative information about Level 3 fair value measurements for financial instruments for the years ended December 31, 2016 and 2015 (dollars in thousands):

	December 31, 2016
					Range
	Fair Value		Valuation	Unobservable	(Weighted
	Estimate		Techniques	Input	Average)
	(In thousands)
Impaired loans - real estate secured	$	517	Appraisal (1) or Internal	Selling costs	6%-10% (7%)
			Valuation (2)	Discount for lack of
				marketability and age
				of appraisal	6%-30% (10%)
Impaired loans - non-real estate secured	$	457	Appraisal (1) or	Selling costs	10%
			Discounted Cash Flow	Discount for lack of
				marketability or practical life	0%-50% (20%)
Real estate owned	$	-	Appraisal (1) or Internal	Selling costs	6%-10% (7%)
			Valuation (2)	Discount for lack of
				marketability and age
				of appraisal	6%-30% (15%)
Assets held for sale	$	841	Appraisal (1) or Internal	Selling costs	6%-10% (7%)
			Valuation (2)	Discount for lack of
				marketability and age
				of appraisal	6%-30% (15%)

	December 31, 2015
					Range
	Fair Value		Valuation	Unobservable	(Weighted
	Estimate		Techniques	Input	Average)
	(In thousands)
Impaired loans - real estate secured	$	1,042	Appraisal (1) or Internal	Selling costs	6%-10% (7%)
			Valuation (2)	Discount for lack of
				marketability and age
				of appraisal	6%-30% (10%)
Impaired loans - non-real estate secured	$	605	Appraisal (1) or	Selling costs	10%
			Discounted Cash Flow	Discount for lack of
				marketability or practical life	0%-50% (20%)
Real estate owned	$	59	Appraisal (1) or Internal	Selling costs	6%-10% (7%)
			Valuation (2)	Discount for lack of
				marketability and age
				of appraisal	6%-30% (15%)
Assets held for sale	$	12,631	Appraisal (1) or Internal	Selling costs	6%-10% (7%)
			Valuation (2)	Discount for lack of
				marketability and age
				of appraisal	6%-30% (15%)

(1) Fair Value is generally determined through independent appraisals of the underlying collateral, which generally included various level 3 inputs which are not identifiable

(2) Internal valuations may be conducted to determine Fair Value for assets with nominal carrying balances.

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

The following table presents the changes in the Level 3 fair value category for the years ended December 31, 2016 and 2015 (in thousands):

	Impaired		Real Estate		Assets Held
	Loans		Owned		for Sale		Total Assets
Balance at December 31, 2014	$	2,263	$	1,337	$	11,743	$	15,343
Total realized and unrealized gains (losses)
Included in earnings		-		142		-		142
Included in other comprehensive income		-		-		-		-
Net transfers in and/or out of Level 3		(616)		(1,420)		888		(1,148)
Balance at December 31, 2015	$	1,647	$	59	$	12,631	$	14,337
Total realized and unrealized gains (losses)
Included in earnings		-		15		-		15
Included in other comprehensive income		-		-		-		-
Net transfers in and/or out of Level 3		(673)		(74)		(11,790)		(12,537)
Balance at December 31, 2016	$	974	$	-	$	841	$	1,815

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

The carrying amounts of accrued interest receivable and payable approximate fair value.

		December 31,				December 31,
		2016				2015
	Level in Fair
	Value	Carrying		Estimated		Carrying		Estimated
	Hierarchy	Value		Fair Value		Value		Fair Value
	(In thousands)
Financial assets
Cash	Level 1	$	10,848	$	10,848	$	17,076	$	17,076
Cash equivalents	Level 2		948		948		186		186
Investment securities available for sale	Level 1		11,553		11,553		3,307		3,307
Investment securities available for sale	Level 2		32,341		32,341		34,612		34,612
Federal Home Loan Bank stock	Level 2		512		512		685		685
Loans held for sale	Level 2		14,784		14,784		14,373		14,373
Loans	Level 2		321,659		310,337		286,262		274,230
Impaired loans	Level 2		14,467		14,467		18,862		18,862
Impaired loans	Level 3		974		974		1,647		1,647
Assets held for sale	Level 3		841		841		12,631		12,631
Other real estate owned	Level 2		2,926		2,926		6,190		6,190
Other real estate owned	Level 3		-		-		59		59
Bank owned life insurance	Level 3		7,093		7,093		7,130		7,130
Accrued interest receivable	Level 2		2,274		2,274		2,060		2,060
Financial liabilities
Deposits	Level 2		383,277		383,985		364,848		365,294
FHLB borrowings	Level 2		2,400		2,402		6,000		6,004
Trust preferred securities	Level 2		8,764		8,565		8,764		8,984
Other borrowings	Level 2		81		81		508		508
Accrued interest payable	Level 2		70		70		1,346		1,346