Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2014

Financial Instruments [Abstract]

Fair Value, by Balance Sheet Grouping

The following is a summary of the carrying amounts and fair values of the Company's financial assets and liabilities at March 31, 2014 and December 31, 2013:    

	March 31, 2014
	Carrying  amount		Estimated fair value		Level 1		Level 2		Level 3
	(Amounts in thousands)
Financial assets:
Cash and cash equivalents	$	61,518	$	61,518	$	61,518	$	—	$	—
Investment securities	267,093		267,093		3,072		264,021		—
Loans and loans held-for-sale, net	1,373,138		1,304,682		—		6,962		1,297,720
Accrued interest receivable	5,915		5,915		—		1,527		4,388
Federal Home Loan Bank stock	2,789		2,789		—		2,789		—
Interest rate swap agreements	119		119		—		—		119
Forward sales commitments	39		39		—		39		—
Interest rate lock commitments	178		178		—		—		178
Financial liabilities:
Demand deposits, NOW, savings
and money market accounts	992,166		939,904		—		939,904		—
Time deposits	533,308		535,322		—		535,322		—
Borrowed funds	90,039		67,433		—		67,433		—
Accrued interest payable	768		768		—		768		—
Interest rate swap agreements	119		119		—		—		119

	December 31, 2013
	Carrying  amount		Estimated fair value		Level 1		Level 2		Level 3
	(Amounts in thousands)
Financial assets:
Cash and cash equivalents	$	40,995	$	40,995	$	40,995	$	—	$	—
Investment securities	288,922		288,922		3,151		285,771		—
Loans and loans held-for-sale, net	1,359,596		1,294,654		—		18,913		1,275,741
Accrued interest receivable	6,219		6,219		—		1,705		4,514
Federal Home Loan Bank stock	3,473		3,473		3,473		—		—
Interest rate swap agreements	132		132		—		—		132
Forward sales commitments	147		147		—		147		—
Financial liabilities:
Demand deposits, NOW, savings
and money market accounts	961,154		911,457		—		911,457		—
Time deposits	557,269		560,008		—		560,008		—
Borrowed funds	89,214		66,690		—		66,690		—
Accrued interest payable	852		852		—		852		—
Interest rate swap agreements	132		132		—		—		132
Interest rate lock commitments	23		23		—		—		23
Forward sales commitments	—		—		—		—		—