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Note 10 - Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2013
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring Basis [Table Text Block]

(Dollars In Thousands)

       

Carrying value at December 31, 2013

Description

 

Balance as of December 31,

2013

 

Quoted Prices

in Active Markets for

Identical Assets

(Level 1)

 

Significant Other Observable

Inputs

(Level 2)

 

Significant

Unobservable

Inputs

(Level 3)

Assets:

                   

U.S. Government agency securities

  $ 26,284       $ 26,284    

Mortgaged-backed securities

    15,361         15,361    

Municipal securities

    16,277         16,277    

(Dollars In Thousands)

       

Carrying value at December 31, 2012

Description

 

Balance as of December 31,

2012

 

Quoted Prices

in Active Markets for

Identical Assets

(Level 1)

 

Significant Other Observable

Inputs

(Level 2)

 

Significant

Unobservable

Inputs

(Level 3)

Assets:

                   

U.S. Government agency securities

  $ 29,842       $ 29,842    

Mortgaged-backed securities

    21,984         21,984    

Municipal securities

    11,640         11,640    

Derivative assets

    67         67    

Liabilities:

                   

Derivative liabilities

  $ 67       $ 67    
Fair Value Measurements, Nonrecurring [Table Text Block]

(Dollars In Thousands)

       

Carrying value at December 31, 2013

 

Description

 

Balance as of

December 31, 2013

 

Quoted Prices

in Active Markets

for Identical Assets

(Level 1)

 

Significant

Other

Observable

Inputs

(Level 2)

   

Significant

Unobservable

Inputs

(Level 3)

 

Assets:

                         

Impaired loans, net of valuation allowance

  $ 306       $ -     $ 306  

Other real estate owned

    8,143         3,745       4,398  

(Dollars In Thousands)

       

Carrying value at December 31, 2012

 

Description

 

Balance as of

December 31, 2012

 

Quoted Prices

in Active Markets

for Identical Assets

(Level 1)

 

Significant

Other

Observable

Inputs

(Level 2)

   

Significant

Unobservable

Inputs

(Level 3)

 

Assets:

                         

Impaired loans, net of valuation allowance

  $ 1,130       $ 62     $ 1,068  

Other real estate owned

    8,938         4,382       4,556  
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]

(Dollars In Thousands)

 

Quantitative information about Level 3 Fair Value Measurements for December 31, 2013

 

Assets

 

Fair

Value

 

Valuation Technique(s)

 

Unobservable input

 

Range (Weighted Average)

 

Impaired loans

  $ 306  

Discounted appraised value

 

Selling cost

    10 %     -       10 %     (10% )
             

Discount for lack of marketability and age of appraisal

    32 %     -       32 %     (32% )
                                               

Other real estate owned

  $ 1,458  

Discounted appraised value

 

Selling cost

    0 %     -       6 %     (5% )
             

Discount for lack of marketability and age

    0 %     -       25 %     (9% )
                                               
    $ 2,940  

Internal evaluations

 

Internal evaluations

    10 %     -       10 %     (10% )

(Dollars In Thousands)

 

Quantitative information about Level 3 Fair Value Measurements for December 31, 2012

 

Assets

 

Fair

Value

 

Valuation Technique(s)

 

Unobservable input

 

Range (Weighted Average)

 

Impaired loans

  $ 1,068  

Discounted appraised value

 

Selling cost

    6 %     -       10 %     (10% )
             

Discount for lack of marketability and age of appraisal

    0 %     -       10 %     (7% )
                                               

Other real estate owned

  $ 2,177  

Discounted appraised value

 

Selling cost

    6 %     -       10 %     (10% )
             

Discount for lack of marketability and age

    0 %     -       30 %     (1% )
                                               
    $ 2,379  

Internal evaluations

 

Internal evaluations

    10 %     -       50 %     (13% )
Fair Value, by Balance Sheet Grouping [Table Text Block]

(Dollars In Thousands)

         

Fair value at December 31, 2013

 

Description

 

Carrying value as of

December 31,

2013

   

Quoted Prices

in Active

Markets for

Identical

Assets

(Level 1)

   

Significant

Other

Observable

Inputs

(Level 2)

   

Significant

Unobservable

Inputs

(Level 3)

   

Approximate

Fair Values

 

Financial assets

                                       

Cash and due from banks

  $ 19,537     $ 17,537             $ 2,004     $ 19,541  

Federal funds sold

    738       738                       738  

Securities available-for-sale

    57,922               57,922               57,922  

Restricted equity securities

    2,564               2,564               2,564  

Loans, net

    294,212                       293,135       293,135  

Bank owned life insurance

    3,518               3,518               3,518  

Accrued income

    1,877               1,877               1,877  

Financial liabilities

                                       

Total deposits

    339,770               327,514               327,514  

Short term borrowings

    258               258               258  

FHLB borrowings

    22,000               22,560               22,560  

Accrued interest payable

    286               286               286  

(Dollars In Thousands)

         

Fair value at December 31, 2012

 

Description

 

Carrying value as of

December 31,

2012

   

Quoted Prices

in Active

Markets for

Identical

Assets

(Level 1)

   

Significant

Other

Observable

Inputs

(Level 2)

   

Significant

Unobservable

Inputs

(Level 3)

   

Approximate

Fair Values

 

Financial assets

                                       

Cash and due from banks

  $ 9,812     $ 9,812                     $ 9,812  

Federal funds sold

    196       196                       196  

Securities available-for-sale

    63,466               63,466               63,466  

Restricted equity securities

    2,591               2,591               2,591  

Loans, net

    271,147                       272,981       272,981  

Accrued income

    1,590               1,590               1,590  

Derivative assets

    67               67               67  

Financial liabilities

                                       

Total deposits

    309,997               310,453               310,453  

Short term borrowings

    216               216               216  

FHLB borrowings

    22,000               22,862               22,862  

Accrued interest payable

    332               332               332  

Derivative liabilities

    67               67               67