Fair Value Measurements And Fair Values Of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2015

Fair Value Measurements And Fair Values Of Financial Instruments [Abstract]

Fair Value, By Balance Sheet Grouping

	March 31, 2015
	Carrying		Fair
(Dollars in thousands)	Amount		Value		Level 1		Level 2		Level 3
Financial assets:
Cash and cash equivalents	$	65,327	$	65,327	$	65,327	$	-	$	-
Investment securities available for sale		176,740		176,740		1,043		175,697		-
Restricted stock		438		438		-		438		-
Loans held for sale		155		155		-		155		-
Net loans		713,748		723,427		-		-		723,427
Accrued interest receivable		3,036		3,036		-		3,036		-
Mortgage servicing rights		133		133		-		-		133
Financial liabilities:
Deposits	$	905,395	$	905,610	$	-	$	905,610	$	-
Accrued interest payable		199		199		-		199		-
Interest rate swaps		96		96		-		96		-
	December 31, 2014
	Carrying		Fair
(Dollars in thousands)	Amount		Value		Level 1		Level 2		Level 3
Financial assets:
Cash and cash equivalents	$	48,593	$	48,593	$	48,593	$	-	$	-
Investment securities available for sale		171,751		171,751		1,053		170,698		-
Restricted stock		438		438		-		438		-
Loans held for sale		389		389		-		389		-
Net loans		717,420		721,680		-		-		721,680
Accrued interest receivable		3,038		3,038		-		3,038		-
Mortgage servicing rights		143		143		-		-		143
Financial liabilities:
Deposits	$	881,181	$	881,289	$	-	$	881,289	$	-
Securities sold under agreements to repurchase		9,079		9,079		-		9,079		-
Accrued interest payable		169		169		-		169		-
Interest rate swaps		191		191		-		191		-

Schedule Of Fair Value, Assets And Liabilities Measured On Recurring Basis

(Dollars in Thousands)	Fair Value at March 31, 2015
Asset  Description	Level 1		Level 2		Level 3		Total
Equity securities	$	1,043	$	-	$	-	$	1,043
U.S. Government and Agency securities		-		16,628		-		16,628
Municipal securities		-		73,064		-		73,064
Trust Preferred Securities		-		5,190		-		5,190
Agency mortgage-backed securities		-		79,148		-		79,148
Private-label mortgage-backed securities		-		1,627		-		1,627
Asset-backed securities		-		40		-		40
Total assets	$	1,043	$	175,697	$	-	$	176,740
Liability Description
Interest rate swaps	$	-	$	96	$	-	$	96
Total liabilities	$	-	$	96	$	-	$	96

(Dollars in Thousands)	Fair Value at December 31, 2014
Asset  Description	Level 1		Level 2		Level 3		Total
Equity securities	$	1,053	$	-	$	-	$	1,053
U.S. Government and Agency securities		-		15,963		-		15,963
Municipal securities		-		68,366		-		68,366
Trust Preferred Securities		-		5,137		-		5,137
Agency mortgage-backed securities		-		79,494		-		79,494
Private-label mortgage-backed securities		-		1,695		-		1,695
Asset-backed securities		-		43		-		43
Total assets	$	1,053	$	170,698	$	-	$	171,751
Liability Description
Interest rate swaps	$	-	$	191	$	-	$	191
Total liabilities	$	-	$	191	$	-	$	191

Fair Value Measurements, Nonrecurring

(Dollars in Thousands)
	Fair Value at March 31, 2015
Asset  Description	Level 1		Level 2		Level 3		Total
Impaired loans (1)	$	-	$	-	$	2,520	$	2,520
Other real estate owned (1)						449		449
Mortgage servicing rights		-		-		133		133
Total assets	$	-	$	-	$	3,102	$	3,102

(Dollars in Thousands)	Fair Value at December 31, 2014
Asset  Description	Level 1		Level 2		Level 3		Total
Impaired loans (1)	$	-	$	-	$	3,469	$	3,469
Other real estate owned (1)		-		-		760		760
Mortgage servicing rights		-		-		143		143
Total assets	$	-	$	-	$	4,372	$	4,372

(1) Includes assets directly charged-down to fair value during the year-to-date period.

Fair Value Inputs, Assets, Quantitative Information

		Quantitative Information about Level 3 Fair Value Measurements
(Dollars in Thousands)		at March 31, 2015
					Range
Asset  Description		Fair Value	Valuation Technique	Unobservable Input	(Weighted Average)
Impaired loans (1)	$	2,520	Appraisal	Appraisal Adjustments (2)	0% - 100%(26%)
				Cost to sell	0% - 10%(4%)
Mortgage servicing rights		133	Discounted Cash Flow (3)
		at December 31, 2014
Impaired loans (1)	$	3,469	Appraisal	Appraisal Adjustments (2)	0% - 100%(26%)
				Cost to sell	0% - 10%(5%)
Other real estate owned (1)		760	Appraisal	Appraisal Adjustments (2)
				Cost to sell	8%(8%)
Mortgage servicing rights		143	Discounted Cash Flow (3)
(1) Includes assets directly charged-down to fair value during the year-to-date period.
(2) Qualitative adjustments are discounts specific to each asset and are made as needed.
(3) Valuation and inputs are determined by a third-party pricing service without adjustment.