Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2012

Fair Value Measurements [Abstract]

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

	June 30, 2012
	Carrying	Fair	Fair Value Measurements
(Dollars in thousands)	Amount	Value	Level 1	Level 2	Level 3
Financial assets:
Cash and cash equivalents	$91,104	$91,104	$91,104	$-	$-
Investment securities available for sale	132,804	132,804	1,923	130,881	-
Restricted stock	4,535	4,535	-	4,535	-
Loans held for sale	795	795	-	795	-
Net loans	758,737	772,166	-	-	772,166
Accrued interest receivable	3,582	3,582	3,582	-	-
Mortgage servicing rights	312	312	-	-	312
Financial liabilities:
Deposits	$856,646	$859,428	$659,765	$199,663	$-
Securities sold under agreements to repurchase	51,028	51,028	51,028	-	-
Long-term debt	46,292	48,451	-	48,451	-
Accrued interest payable	476	476	476	-	-
Interest rate swaps	1,443	1,443	-	1,443	-

	December 31, 2011
	Carrying	Fair
(Dollars in thousands)	Amount	Value
Financial assets:
Cash and cash equivalents	$34,144	$34,144
Investment securities available for sale	125,301	125,301
Restricted stock	5,022	5,022
Net loans	756,687	765,707
Accrued interest receivable	3,391	3,391
Mortgage servicing rights	368	368
Financial liabilities:
Deposits	$787,986	$790,887
Securities sold under agreements to repurchase	53,103	53,103
Long-term debt	48,336	51,015
Accrued interest payable	561	561
Interest rate swaps	1,738	1,738

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

(Dollars in Thousands)	Fair Value at June 30, 2012
Asset  Description	Level 1	Level 2	Level 3	Total
Equity securities	$          1,923	$                     -	$                    -	$              1,923
U.S. Government agency securities	-	12,298	-	12,298
Municipal securities	-	57,468	-	57,468
Corporate debt securities	-	2,225	-	2,225
Trust Preferred Securities	-	4,546	-	4,546
Agency mortgage-backed securities	-	51,711	-	51,711
Private-label mortgage-backed securities	-	2,586	-	2,586
Asset-backed securities	-	47	-	47
Total assets	$          1,923	$          130,881	$                    -	$          132,804
Liability Description
Interest rate swaps	$                  -	$              1,443	$                    -	$              1,443
Total liabilities	$                  -	$              1,443	$                    -	$              1,443
(Dollars in Thousands)	Fair Value at December 31, 2011
Asset  Description	Level 1	Level 2	Level 3	Total
Equity securities	$          1,759	$                     -	$                    -	$              1,759
U.S. Government agency securities	-	13,229	-	13,229
Municipal securities	-	45,081	-	45,081
Corporate debt securities	-	2,414	-	2,414
Trust Preferred Securities	-	4,618	-	4,618
Agency mortgage-backed securities	-	55,285	-	55,285
Private-label mortgage-backed securities	-	2,867	-	2,867
Asset-backed securities	-	48	-	48
Total assets	$          1,759	$          123,542	$                    -	$          125,301
Liability Description
Interest rate swaps	$                  -	$              1,738	$                    -	$              1,738
Total liabilities	$                  -	$              1,738	$                    -	$              1,738

Fair Value Measurements, Nonrecurring [Table Text Block]

(Dollars in Thousands)	Fair Value at June 30, 2012
Asset  Description	Level 1	Level 2	Level 3	Total
Impaired loans (1)	$                  -	$                     -	$          10,390	$            10,390
Other real estate owned (1)	-	-	3,290	3,290
Mortgage servicing rights	-	-	312	312
Total assets	$                  -	$                     -	$          13,992	$            13,992
(Dollars in Thousands)	Fair Value at December 31, 2011
Asset  Description	Level 1	Level 2	Level 3	Total
Impaired loans (1)	$                  -	$                     -	$          13,705	$            13,705
Other real estate owned (1)	-	-	3,224	3,224
Mortgage servicing rights	-	-	368	368
Total assets	$                  -	$                     -	$          17,297	$            17,297
(1) Includes assets directly charged-down to fair value during the year-to-date period

Fair Value Inputs, Assets, Quantitative Information [Table Text Block]

	Quantitative Information about Level 3 Fair Value Measurements
(Dollars in Thousands)	at June 30, 2012
				Range
Asset  Description	Fair Value	Valuation Technique	Unobservable Input	Weighted Average
Impaired loans (1)	$       10,390	Appraisal	Appraisal Adjustments (2)	0% - 70% (22%)
			Cost to sell	5% - 25%  (8%)
Other real estate owned	3,290	Appraisal	Appraisal Adjustments (2)
			Cost to sell	8% (8%)
Mortgage servicing rights	312	Discounted Cash Flow (3)
(1) Includes loans 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.