Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2012

Fair Value of Financial Instruments [Abstract]

Fair Value Measurements on Differing Levels [Table Text Block]

		June 30, 2012
(Dollars in thousands)		Level 1		Level 2		Level 3		Assets at Fair Value
Assets Measured at Fair Value on a Recurring Basis
AFS Investment Securities:      US Government agency obligations		$—		$39,856		$—		$39,856
GSE mortgage-backed securities		—		31,651		—		31,651
Collateralized mortgage obligations GSE		—		6,533		—		6,533
Corporate bonds		—		38,770		—		38,770
State and municipal tax-exempt bonds		—		1,105		—		1,105
Asset-backed securities		—		9,772		—		9,772
Equity securities		14		—		—		14
Total assets measured at fair value on a recurring basis		$14		$127,687		$—		$127,701
Assets Measured at Fair Value on a Nonrecurring Basis
Impaired loans		$—		$—		$1,263		$1,263
Total assets measured at fair value on a nonrecurring basis		$—		$—		$1,263		$1,263
	December 31, 2011
(Dollars in thousands)		Level 1		Level 2		Level 3		Assets at Fair Value
Assets Measured at Fair Value on a Recurring Basis
AFS Investment Securities:      US Government agency obligations		$—		$43,891		$—		$43,891
GSE mortgage-backed securities		—		25,313		—		25,313
Collateralized mortgage obligations GSE		—		6,152		—		6,152
Corporate bonds		—		26,347		—		26,347
Asset-backed securities		—		5,815		—		5,815
Equity securities		12		—		—		12
Total assets measured at fair value on a recurring basis		$12		$107,518		$—		$107,530
Assets Measured at Fair Value on a Nonrecurring Basis
Impaired loans	$—		$—		$3,649		$3,649
OREO and other repossessed property	—		—		100		100
Total assets measured at fair value on a nonrecurring basis	$—		$—		$3,749		$3,749

Quantitative Information about Level 3 Fair Value Measurements [Table Text Block]

Quantitative Information about Level 3 Fair Value Measurement
(Dollars in thousands)	Fair Value Estimate	Valuation Techniques	Unobservable Input	Range (Weighted Average)*
June 30, 2012:
Impaired Loans- Commercial	$1,225	Income approach	Capitalization rate	-38%
			Disposal costs	-2%
Impaired Loans- Residential Real Estate	$38	Appraisal of collateral (1)	Disposal costs (2)	-23%

* As of June 30, 2012 there is only 1 loan in each impaired loan type.

(1)Fair value is generally determined through independent appraisals of the underlying collateral, which generally include various level 3 inputs which are not identifiable.

(2)Appraisals may be adjusted by management for qualitative factors and disposal costs. The range and weighted average of disposal costs are presented as a percent of the appraisal.

Estimate of the Fair Value of All Financial Instruments [Table Text Block]

June 30, 2012
(Dollars in thousands)	Carrying Amount	Estimated Fair Value	Level 1	Level 2	Level 3
Financial assets
Cash and cash equivalents	$16,386	$16,386	$16,386	$—	$—
AFS investment securities	127,701	127,701	14	127,687	—
HTM investment securities	56,013	57,384	—	57,384	—
Restricted stock	3,468	3,468	3,468	—	—
Loans and leases, net of allowance	400,991	407,283	—	—	407,283
Accrued interest receivable	2,645	2,645	2,645	—	—
Financial liabilities
Deposits	526,578	527,063	422,771	104,292	—
Repurchase Agreements	18,586	18,586	18,586	—	—
FHLBP advances	20,000	21,873	—	21,873	—
Junior subordinated debentures and other borrowings	9,863	10,490	—	—	10,490
Accrued interest payable	433	433	433	—	—
Off-balance sheet instruments	—	—	—	—	—

	December 31, 2011
(Dollars in thousands)	Carrying Amount	Estimated Fair Value
Financial assets
Cash and cash equivalents	$32,877	$32,877
AFS investment securities	107,530	107,530
HTM investment securities	36,427	37,681
Restricted stock	3,625	3,625
Loans and leases, net of allowance	397,520	395,320
Accrued interest receivable	2,536	2,536
Financial liabilities
Deposits	497,545	490,681
Borrowings	44,368	47,094
Junior subordinated debentures	9,279	8,481
Accrued interest payable	444	444
Off-balance sheet instruments	—	—