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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2015
Fair Value Measurements [Abstract]  
Schedule of Available for Sale Securities Measured at Fair Value on a Recurring Basis
    Fair Value Measurements at December 31, 2015 Using:

    Quoted Prices in   Significant Other    Significant
 
  Active Markets for   Observable    Unobservable
 
  Identical Assets   Inputs    Inputs
Description     Balance   (Level 1)   (Level 2)    (Level 3)
Assets:              
U.S. Government agencies     $ 11,378
  $ -   $ 11,378
  $ -
Corporate bonds   5,964
  -   5,964
  -
Mortgage-backed securities/CMOs   36,687
  -   36,687
  -
Municipal bonds     20,772
  -   20,772
  -
Total securities available for sale   $ 74,801
  $ -   $ 74,801
  $ -


    Fair Value Measurements at December 31, 2014 Using:

    Quoted Prices in   Significant Other   Significant
 
  Active Markets for   Observable   Unobservable
 
  Identical Assets   Inputs   Inputs
Description   Balance   (Level 1)   (Level 2)   (Level 3)
Assets:        
U.S. Government agencies     $ 31,528   $ -   $ 31,528   $ -
Corporate bonds   21,276   -   21,276   -
Asset-backed securities     2,105   -   2,105   -
Mortgage-backed securities/CMOs   63,220   -   63,220   -
Municipal bonds     23,687   -   23,687   -
Total securities available for sale   $ 141,816   $ -   $ 141,816   $ -
Other Real Estate Owned Measured at Fair Value on a Nonrecurring Basis




Fair Value Measurements at December 31, 2014 Using:



Significant

  Quoted Prices in   Other   Significant


  Active Markets for   Observable   Unobservable


  Identical Assets   Inputs   Inputs
Description
Balance   (Level 1)   (Level 2)   (Level 3)
Assets:

     
Other Real Estate Owned  
$ 1,177   $ -   $ -   $ 1,177
Schedule of the Carrying Values and Estimated Fair Values of the Bank's Financial Instruments
    Fair Value Measurement at December 31, 2015 using:
    Quoted Prices   Significant      
    in Active   Other   Significant  
    Markets for
  Observable   Unobservable  

      Identical Assets   Inputs   Inputs  
  Carrying value   Level 1   Level 2   Level 3   Fair Value
Assets                  
Cash and cash equivalent   $ 43,527
  $ 43,527
  $ -   $ -   $ 43,527
Securities   74,801
  -   74,801
  -   74,801
Loans, net   420,097
  -   -   418,774
  418,774
Bank owned life insurance   13,476
  -   13,476
  -   13,476
Accrued interest receivable   1,611
  -   369
  1,242
  1,611
Liabilities          
Demand deposits and  
 
 
 
 
     interest-bearing transaction  
   
   
     and money market accounts   $ 377,849   $ -   $ 377,849   $ -   $ 377,849
Certificates of deposit  
108,618
  -   108,578
  -   108,578
Securities sold under          
     agreements to repurchase   23,156   -   23,156   -   23,156
Accrued interest payable   106
  -   106
  -   106


    Fair Value Measurement at December 31, 2014 using:
    Quoted Prices   Significant      
    in Active   Other   Significant  
    Markets for   Observable   Unobservable  

       Identical Assets   Inputs   Inputs  
  Carrying value   Level 1   Level 2   Level 3   Fair Value
Assets                  
Cash and cash equivalent   $ 54,107   $ 54,107   $ -   $ -   $ 54,107
Securities   141,816   -   141,816   -   141,816
Loans, net   310,090   -   -   310,806   310,806
Bank owned life insurance   13,034   -   13,034   -   13,034
Accrued interest receivable   1,296   -   566   730   1,296
Liabilities          
Demand deposits and  
 
 
 
 
     interest-bearing transaction          
     and money market accounts   $ 339,625   $ -   $ 339,625   $ -   $ 339,625
Certificates of deposit   117,094   -  
117,189   -   117,189
Securities sold under          
     agreements to repurchase   17,995   -   17,995   -   17,995
Accrued interest payable   117   -   117   -   117