Fair Value (Tables)

6 Months Ended

Jun. 30, 2015

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

The following table sets forth the Company's financial assets and liabilities that were accounted for or disclosed at fair value on a recurring basis at June 30, 2015 and December 31, 2014:

June 30, 2015			Quoted Price in		Significant
			Active Markets		Other		Significant
	Carrying		for Identical		Observable		Unobservable
	Value		Assets		Inputs		Inputs
(in thousands)	(Fair Value)		(Level 1)		(Level 2)		(Level 3)
Investment securities:
U.S. Goverment agencies	$	32,010	$	-	$	32,010	$	-
U.S. Goverment treasuries		2,000		-		2,000		-
Mortgage-backed securities		70		-		70		-
Mutual funds		501		-		501		-
Loans held for sale		65,759		-		65,759		-
Rate lock commitments		551		-		551		-

December 31, 2014			Quoted Price in		Significant
			Active Markets		Other		Significant
	Carrying		for Identical		Observable		Unobservable
	Value		Assets		Inputs		Inputs
(in thousands)	(Fair Value)		(Level 1)		(Level 2)		(Level 3)
Investment securities:
U.S. Goverment agencies	$	36,981	$	-	$	36,981	$	-
U.S. Goverment treasuries		3,997		-		3,997		-
Mortgage-backed securities		101		-		101		-
Loans held for sale		42,881		-		42,881		-
Rate lock commitments		342		-		342		-

Schedule Of Assets Held For Sale Fair Value Options [Table Text Block]

Assets under fair value option:

June 30, 2015	Carrying		Aggregate
	Fair Value		Unpaid
(in thousands)	Amount		Principal		Difference
Loans held for sale	$	65,759	$	64,007	$	1,752

December 31, 2014	Carrying		Aggregate
	Fair Value		Unpaid
(in thousands)	Amount		Principal		Difference
Loans held for sale	$	42,881	$	41,668	$	1,213

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]

The following table sets forth the Company's financial assets and liabilities that were accounted for or disclosed at fair value on a nonrecurring basis at June 30, 2015 and December 31, 2014. OREO is carried at fair value less anticipated costs to sell. Impaired loans are measured using the fair value of collateral, if applicable.

June 30, 2015			Quoted Price in		Significant
			Active Markets		Other		Significant
	Carrying		for Identical		Observable		Unobservable
	Value		Assets		Inputs		Inputs
(in thousands)	(Fair Value)		(Level 1)		(Level 2)		(Level 3)
Other real estate owned	$	2,480	$	-	$	-	$	2,480
Impaired loans:
Construction and land		831		-		-		831
Residential - first lien		802		-		-		802
Residential - junior lien		124		-		-		124
Commercial - owner occupied		-		-		-		-
Commercial - non-owner occupied		2,684		-		-		2,684
Commercial loans and leases		2,913		-		-		2,913
Consumer		-		-		-		-

December 31, 2014			Quoted Price in		Significant
			Active Markets		Other		Significant
	Carrying		for Identical		Observable		Unobservable
	Value		Assets		Inputs		Inputs
(in thousands)	(Fair Value)		(Level 1)		(Level 2)		(Level 3)
Other real estate owned	$	2,472	$	-	$	-	$	2,472
Impaired loans:
Construction and land		1,084		-		-		1,084
Residential - first lien		719		-		-		719
Residential - junior lien		27		-		-		27
Commercial - owner occupied		-		-		-		-
Commercial - non-owner occupied		2,700		-		-		2,700
Commercial loans and leases		1,940		-		-		1,940
Consumer		92		-		-		92

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

However, because there is no market for many of these financial instruments, management has no basis to determine whether the fair value presented for loans would be indicative of the value negotiated in an actual sale.

	June 30, 2015
					Quoted Price in		Significant
					Active Markets		Other		Significant
					for Identical		Observable		Unobservable
	Carrying		Fair		Assets		Inputs		Inputs
(in thousands)	Amount		Value		(Level 1)		(Level 2)		(Level 3)
Financial Assets
Investment securities	$	34,581	$	34,581	$	-	$	34,581	$	-
Nonmarketable equity securities		3,385		3,385		-		3,385		-
Loans held for sale		65,759		65,759		-		65,759		-
Rate lock commitments		551		551		-		551		-
Loans and leases		578,503		578,659		-		-		578,659
Financial Liabilities
Deposits		575,716		576,246		-		-		576,246
Short-term borrowings		52,025		52,025		-		52,025		-
Long-term borrowings		27,500		27,556		-		27,556		-

	December 31, 2014
					Quoted Price in		Significant
					Active Markets		Other		Significant
					for Identical		Observable		Unobservable
	Carrying		Fair		Assets		Inputs		Inputs
(in thousands)	Amount		Value		(Level 1)		(Level 2)		(Level 3)
Financial Assets
Investment securities	$	41,079	$	41,079	$	-	$	41,079	$	-
Nonmarketable equity securities		2,571		2,571		-		2,571		-
Loans held for sale		42,881		42,881		-		42,881		-
Rate lock commitments		342		342		-		342		-
Loans and leases		549,315		547,825		-		-		547,825
Financial Liabilities
Deposits		554,039		554,660		-		-		554,660
Short-term borrowings		48,628		48,628		-		48,628		-
Long-term borrowings		19,000		19,055		-		19,055		-