7. Fair Value (Tables)

9 Months Ended

Sep. 30, 2014

Fair Value Disclosures [Abstract]

Schedule Of Fair Value Assets On Recurring Basis

Assets and Liabilities Recorded at Fair Value on a Recurring Basis

Assets measured at fair value on a recurring basis and reflected in the consolidated balance sheets at the dates presented, segregated by fair value hierarchy, are summarized below:

September 30, 2014	Level 1		Level 2		Total
Assets: (market approach)
U.S. GSE debt securities	$	0	$	15,885,881	$	15,885,881
U.S. Government securities		4,002,500		0		4,002,500
Agency MBS		0		9,279,144		9,279,144
December 31, 2013
Assets: (market approach)
U.S. GSE debt securities	$	0	$	29,138,914	$	29,138,914
U.S. Government securities		6,049,688		0		6,049,688
September 30, 2013
Assets: (market approach)
U.S. GSE debt securities	$	0	$	28,389,611	$	28,389,611
U.S. Government securities		7,062,460		0		7,062,460

Schedule of Fair Value Assets Non-recurring Basis

Assets measured at fair value on a non-recurring basis and reflected in the consolidated balance sheets at the dates presented, segregated by fair value hierarchy, are summarized below:

September 30, 2014	Level 2
Assets: (market approach)
Residential mortgage servicing rights	$	1,326,543
Impaired loans, net of related allowance		775,305
OREO		1,097,820
December 31, 2013
Assets: (market approach)
Residential mortgage servicing rights	$	1,329,079
Impaired loans, net of related allowance		978,892
OREO		1,105,525
September 30, 2013
Assets: (market approach)
Residential mortgage servicing rights	$	1,227,790
Impaired loans, net of related allowance		1,249,931
OREO		1,125,105

Schedule Of Estimated Fair Values Of Financial Instruments

The estimated fair values of commitments to extend credit and letters of credit were immaterial as of the dates presented in the tables below.  The estimated fair values of the Company's financial instruments were as follows:

September 30, 2014			Fair		Fair		Fair		Fair
	Carrying		Value		Value		Value		Value
	Amount		Level 1		Level 2		Level 3		Total
	(Dollars in Thousands)
Financial assets:
Cash and cash equivalents	$	10,852	$	10,852	$	0	$	0	$	10,852
Securities held-to-maturity		48,070		0		48,472		0		48,472
Securities available-for-sale		29,168		4,003		25,165		0		29,168
Restricted equity securities		3,332		0		3,332		0		3,332
Loans and loans held-for-sale
Commercial & industrial		63,242		0		962		63,697		64,659
Commercial real estate		159,916		0		1,667		163,360		165,027
Residential real estate - 1st lien		164,589		0		901		168,133		169,034
Residential real estate - Jr lien		43,834		0		335		44,446		44,781
Consumer		7,848		0		0		8,239		8,239
Mortgage servicing rights		1,327		0		1,561		0		1,561
Accrued interest receivable		1,689		0		1,689		0		1,689
Financial liabilities:
Deposits
Other deposits		454,629		0		455,002		0		455,002
Brokered deposits		19,749		0		19,751		0		19,751
Federal funds purchased and short-term borrowings		10,175		0		10,175		0		10,175
Repurchase agreements		23,360		0		23,360		0		23,360
Capital lease obligations		659		0		659		0		659
Subordinated debentures		12,887		0		12,870		0		12,870
Accrued interest payable		65		0		65		0		65

December 31, 2013			Fair		Fair		Fair		Fair
	Carrying		Value		Value		Value		Value
	Amount		Level 1		Level 2		Level 3		Total
	(Dollars in Thousands)
Financial assets:
Cash and cash equivalents	$	18,330	$	18,330	$	0	$	0	$	18,330
Securities held-to-maturity		37,937		0		38,370		0		38,370
Securities available-for-sale		35,189		6,050		29,139		0		35,189
Restricted equity securities		3,633		0		3,633		0		3,633
Loans and loans held-for-sale
Commercial & industrial		55,069		0		346		56,035		56,381
Commercial real estate		154,696		0		1,239		157,843		159,082
Residential real estate - 1st lien		171,498		0		1,689		174,776		176,465
Residential real estate - Jr lien		45,292		0		483		45,785		46,268
Consumer		8,708		0		0		9,130		9,130
Mortgage servicing rights		1,329		0		1,608		0		1,608
Accrued interest receivable		1,778		0		1,778		0		1,778
Financial liabilities:
Deposits
Other deposits		463,160		0		464,220		0		464,220
Brokered deposits		18,393		0		18,401		0		18,401
Repurchase agreements		29,645		0		29,645		0		29,645
Capital lease obligations		711		0		711		0		711
Subordinated debentures		12,887		0		12,880		0		12,880
Accrued interest payable		75		0		75		0		75

September 30, 2013			Fair		Fair		Fair		Fair
	Carrying		Value		Value		Value		Value
	Amount		Level 1		Level 2		Level 3		Total
	(Dollars in Thousands)
Financial assets:
Cash and cash equivalents	$	13,382	$	13,382	$	0	$	0	$	13,382
Securities held-to-maturity		39,219		0		39,610		0		39,610
Securities available-for-sale		35,452		7,062		28,390		0		35,452
Restricted equity securities		3,633		0		3,633		0		3,633
Loans and loans held-for-sale
Commercial & industrial		54,994		0		319		56,038		56,357
Commercial real estate		145,266		0		1,601		148,401		150,002
Residential real estate - 1st lien		174,135		0		1,624		177,800		179,424
Residential real estate - Jr lien		44,739		0		483		45,272		45,755
Consumer		9,278		0		0		9,742		9,742
Mortgage servicing rights		1,228		0		1,228		0		1,228
Accrued interest receivable		1,633		0		1,633		0		1,633
Financial liabilities:
Deposits
Other deposits		454,521		0		455,772		0		455,772
Brokered deposits		16,029		0		16,038		0		16,038
Federal funds purchased and short-term borrowings		8,325		0		8,325		0		8,325
Long-term borrowings		0		0		0		0		0
Repurchase agreements		23,686		0		23,686		0		23,686
Capital lease obligations		727		0		727		0		727
Subordinated debentures		12,887		0		12,872		0		12,872
Accrued interest payable		73		0		73		0		73