NOTE 13 - FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2012

Jun. 30, 2011

Dec. 31, 2011

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

	As of June 30, 2012
		Fair Value		Level 1		Level 2		Level 3
Available-for-sale securities:
Obligations of U.S. government sponsored agencies	$	15,141	$	—	$	15,141	$	—
Obligations of state and political subdivisions		12,524		—		12,524		—
Government sponsored agency mortgage-backed securities		269,914		—		269,914		—
Corporate debt securities		4,672		—		4,672		—
Equity securities		3,127		—		3,127		—
	$	305,378	$	—	$	305,378	$	—

	At December 31, 2011
	Fair Value		Level 1		Level 2		Level 3
Available-for-sale securities:
Obligations of U.S. government sponsored agencies	$	15,234	$	—	$	15,234	$	—
Obligations of state and political subdivisions		14,455		—		14,455		—
Government sponsored agency mortgage-backed securities		275,204		—		275,204		—
Corporate debt securities		4,232		—		4,232		—
Equity securities		3,080		—		3,080		—
	$	312,205	$	—	$	312,205	$	—

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

									Total Losses/(Gains)
	As of June 30, 2012								For three months ended				For six months ended
	Fair Value		Level 1		Level 2		Level 3		June 30, 2012		June 30, 2011		June 30, 2012		June 30, 2011
Impaired loans:
Real estate - commercial	$	1,380	$	—	$	—	$	1,380	$	1,278	$	887	$	1,457	$	1,335
Real estate - construction		839		—		—		839		9		—		25		19
Real estate - mortgage		416		—		—		416		70		75		70		130
OREO:
Real estate - commercial		—		—		—		—		—		74		—		283
Real estate - construction		1,150		—		—		1,150		87		187		133		605
Real estate - mortgage		303		—		—		303		77		37		152		31
Total assets measured at fair value on a nonrecurring basis	$	4,088	$	—	$	—	$	4,088	$	1,521	$	1,260	$	1,837	$	2,403

									Total Losses
	As of December 31, 2011								Twelve months ended
	Fair Value		Level 1		Level 2		Level 3		December 31, 2011
Impaired loans:
Commercial	$	1,338	$	—	$	—	$	1,338	$	324
Real estate - commercial		4,811		—		—		4,811		1,138
Real estate - construction		5,223		—		—		5,223		504
Real estate - mortgage		268		—		—		268		37
Installment		37		—		—		37		13
OREO:
Real estate - commercial		1,270		—		—		1,270		253
Real estate - construction		14,575		—		—		14,575		2,645
Real estate - mortgage		1,276		—		—		1,276		34
Total assets measured at fair value on a nonrecurring basis	$	28,798	$	—	$	—	$	28,798	$	4,948

Fair Value Measurements, Nonrecurring [Table Text Block]

		Fair Value	Valuation Techniques	Unobservable Inputs	Range (Weighted Average)
Impaired loans:
Real estate - commercial	$	1,380	Comparable sales approach	Discount adjustment for differences between comparable sales	6% to 11% (9%)
Real estate - construction		839	Comparable sales approach	Discount adjustment for differences between comparable sales	2% to 3% (3%)
Real estate - mortgage		416	Comparable sales approach	Discount adjustment for differences between comparable sales	6% to 11% (9%)
OREO:
Real estate - construction		1,150	Comparable sales approach	Discount adjustment for differences between comparable sales	0% to 6% (6%)
Real estate - mortgage		303	Comparable sales approach	Discount adjustment for differences between comparable sales	6% to 11% (9%)

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

			Fair Value Measurements at June 30, 2012 Using
	Carrying Amount		Level 1		Level 2		Level 3		Total
FINANCIAL ASSETS
Cash and due from banks	$	19,037	$	19,037	$	—	$	—	$	19,037
Federal funds sold		53,375		53,375		—		—		53,375
Time deposits at other financial institutions		1,960		1,960		—		—		1,960
FHLB, FRB and other securities		8,313		—		—		—		N/A
Securities:
Available-for-sale		305,378		—		305,378		—		305,378
Held-to-maturity		6		—		6		—		6
Loans		443,525		—		—		461,284		461,284
Accrued interest receivable		2,370		—		1,036		1,334		2,370
FINANCIAL LIABILITIES
Deposits:
Nonmaturity deposits	$	567,989	$	567,989	$	—	$	—	$	567,989
Time deposits		195,282		—		195,914		—		195,914
Subordinated debentures		31,961		—		—		22,899		22,899
Accrued interest payable		5,952		8		90		5,854		5,952

	December 31, 2011
	Carrying		Fair
	Amount		Value
FINANCIAL ASSETS
Cash and due from banks	$	18,758	$	18,758
Federal funds sold		40,210		40,210
Time deposits at other financial institutions		1,959		1,959
FHLB, FRB and other securities		8,044		N/A
Securities:
Available-for-sale		312,205		312,205
Held-to-maturity		6		6
Loans		443,559		461,205
Accrued interest receivable		2,557		2,557
FINANCIAL LIABILITIES
Deposits	$	766,239	$	767,487
Subordinated debentures		31,961		21,420
Accrued interest payable		4,998		4,998