Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2013

Fair Value Measurements and Fair Values of Financial Instruments [Abstract]

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

	March 31, 2013
	Carrying		Fair
(Dollars in thousands)	Amount		Value		Level 1		Level 2		Level 3
Financial assets:
Cash and cash equivalents	$	111,787	$	111,787	$	111,787	$	-	$	-
Investment securities available for sale		134,832		134,832		2,199		132,633		-
Restricted stock		3,050		3,050		-		3,050		-
Loans held for sale		327		327		-		327		-
Net loans		735,221		747,245		-		-		747,245
Accrued interest receivable		3,045		3,045		-		3,045		-
Mortgage servicing rights		185		185		-		-		185
Financial liabilities:
Deposits	$	902,178	$	903,796	$	-	$	903,796	$	-
Securities sold under agreements to repurchase		39,365		39,365		-		39,365		-
Long-term debt		12,408		13,323		-		13,323		-
Accrued interest payable		469		469		-		469		-
Interest rate swaps		922		922		-		922		-
	December 31, 2012
	Carrying		Fair
(Dollars in thousands)	Amount		Value		Level 1		Level 2		Level 3
Financial assets:
Cash and cash equivalents	$	77,834	$	77,834	$	77,834	$	-	$	-
Investment securities available for sale		133,328		133,328		1,941		131,387		-
Restricted stock		3,571		3,571		-		3,571		-
Net loans		67		67		-		67		-
Loans held for sale		743,200		759,490		-		-		759,490
Accrued interest receivable		3,178		3,178		-		3,178		-
Mortgage servicing rights		235		235		-		-		235
Financial liabilities:	$
Deposits		874,440	$	876,240	$	-	$	876,240	$	-
Securities sold under agreements to repurchase		42,209		42,209		-		42,209		-
Long-term debt		12,410		13,718		-		13,718		-
Accrued interest payable		348		348		-		348		-
Interest rate swaps		1,103		1,103		-		1,103		-

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

(Dollars in Thousands)	Fair Value at March 31, 2013
Asset  Description	Level 1		Level 2		Level 3		Total
Equity securities	$	2,199	$	-	$	-	$	2,199
Obligations of U.S. Government agencies		-		12,575		-		12,575
Obligations of state and political subdivisions		-		60,238		-		60,238
Corporate debt securities		-		999		-		999
Trust Preferred Securities		-		4,917		-		4,917
Agency mortgage-backed securities		-		51,460		-		51,460
Private-label mortgage-backed securities		-		2,399		-		2,399
Asset-backed securities		-		45		-		45
Total assets	$	2,199	$	132,633	$	-	$	134,832
Liability Description
Interest rate swaps	$	-	$	922	$	-	$	922
Total liabilities	$	-	$	922	$	-	$	922

(Dollars in Thousands)	Fair Value at December 31, 2012
Asset  Description	Level 1		Level 2		Level 3		Total
Equity securities	$	1,941	$	-	$	-	$	1,941
Obligations of U.S. Government agencies		-		12,809		-		12,809
Obligations of state and political subdivisions		-		61,216		-		61,216
Corporate debt securities		-		994		-		994
Trust Preferred Securities		-		4,830		-		4,830
Agency mortgage-backed securities		-		49,066		-		49,066
Private-label mortgage-backed securities		-		2,426		-		2,426
Asset-backed securities		-		46		-		46
Total assets	$	1,941	$	131,387	$	-	$	133,328
Liability Description
Interest rate swaps	$	-	$	1,103	$	-	$	1,103
Total liabilities	$	-	$	1,103	$	-	$	1,103

Fair Value Measurements, Nonrecurring [Table Text Block]

(Dollars in Thousands)
	Fair Value at March 31, 2013
Asset  Description	Level 1		Level 2		Level 3		Total
Impaired loans (1)	$	-	$	-	$	8,262	$	8,262
Other real estate owned (1)		-		-		5,420		5,420
Mortgage servicing rights		-		-		185		185
Total assets	$	-	$	-	$	13,867	$	13,867

(Dollars in Thousands)	Fair Value at December 31, 2012
Asset  Description	Level 1		Level 2		Level 3		Total
Impaired loans (1)	$	-	$	-	$	9,235	$	9,235
Other real estate owned (1)		-		-		5,127		5,127
Mortgage servicing rights		-		-		235		235
Total assets	$	-	$	-	$	14,597	$	14,597

(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 March 31, 2013
				Range
Asset  Description	Fair Value	Valuation Technique	Unobservable Input	(Weighted Average)
Impaired loans (1)	$                   8,262	Appraisal	Appraisal Adjustments (2)	0% - 100% (18.2%)
			Cost to sell	5% - 15%  (6.5%)
Other real estate owned (1)	5,420	Appraisal	Appraisal Adjustments (2)
			Cost to sell	8% (8%)
Mortgage servicing rights	185	Discounted Cash Flow (3)
	at December 31, 2012
Impaired loans (1)	$                   9,235	Appraisal	Appraisal Adjustments (2)	0% - 100% (11%)
			Cost to sell	5% - 25%  (7%)
Other real estate owned (1)	5,127	Appraisal	Appraisal Adjustments (2)
			Cost to sell	8% (8%)
Mortgage servicing rights	235	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.