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Fair Value of Assets and Liabilities (Tables)
3 Months Ended
Mar. 31, 2013
Fair Value of Assets and Liabilities [Abstract]  
Schedule Of Financial Assets Measured At Fair Value On A Recurring Basis

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair Value Measurements

 

(dollars in thousands)

 

Total

 

(Level 1)
Quoted Prices in
Active Markets for
Identical Assets

 

(Level 2)
Significant Other
Observable Inputs

 

(Level 3)
Significant Other
Unobservable Inputs

 

March 31, 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

Securities available-for-sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury notes

 

$

3,523

 

$

3,523

 

$

0

 

$

0

 

U.S. agency

 

 

35,973

 

 

0

 

 

35,973

 

 

0

 

U.S. agency mortgage-backed, residential

 

 

80,072

 

 

0

 

 

80,072

 

 

0

 

State and municipal

 

 

102,209

 

 

0

 

 

102,209

 

 

0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2012

 

 

 

 

 

 

 

 

 

 

 

 

 

Securities available-for-sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury notes

 

$

5,032

 

$

5,032

 

$

0

 

$

0

 

U.S. agency

 

 

38,058

 

 

0

 

 

38,058

 

 

0

 

U.S. agency mortgage-backed, residential

 

 

88,233

 

 

0

 

 

88,233

 

 

0

 

State and municipal

 

 

102,739

 

 

0

 

 

102,739

 

 

0

 

Schedule Of Financial Assets Measured At Fair Value On A Nonrecurring Basis

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair Value Measurements

 

(dollars in thousands)

 

Total

 

(Level 1)
Quoted Prices in
Active Markets for
Identical Assets

 

(Level 2)
Significant Other
Observable Inputs

 

(Level 3)
Significant Other
Unobservable Inputs

 

March 31, 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

Impaired loans

 

$

4,256

 

$

0

 

$

0

 

$

4,256

 

Foreclosed real estate

 

 

2,661

 

 

0

 

 

0

 

 

2,661

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2012

 

 

 

 

 

 

 

 

 

 

 

 

 

Impaired loans

 

$

4,493

 

$

0

 

$

0

 

$

4,493

 

Foreclosed real estate

 

 

2,779

 

 

0

 

 

0

 

 

2,779

 

Schedule Level 3 Assets Measured At Fair Value On A Nonrecurring Basis
Schedule Of Estimated Fair Values Of Corporation's Financial Instruments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair Value Estimates

 

 

 

 

 

 

 

(Level 1)

 

(Level 2)

 

(Level 3)

 

(dollars in thousands)

 

Carrying
Amount

 

Estimated
Fair Value

 

Quoted Prices in
Active Markets
for Identical
Assets

 

Significant Other
Observable
Inputs

 

Significant Other
Unobservable
Inputs

 

March 31, 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

36,926

 

$

36,926

 

$

36,926

 

$

0

 

$

0

 

Securities available-for-sale

 

 

221,777

 

 

221,777

 

 

3,523

 

 

218,254

 

 

0

 

Restricted investment in bank stocks

 

 

3,084

 

 

3,084

 

 

0

 

 

3,084

 

 

0

 

Loans held for sale

 

 

2,622

 

 

2,675

 

 

0

 

 

2,675

 

 

0

 

Loans, net

 

 

750,128

 

 

776,915

 

 

0

 

 

0

 

 

776,915

 

Interest receivable

 

 

3,521

 

 

3,521

 

 

0

 

 

3,521

 

 

0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deposits

 

$

893,182

 

$

898,423

 

$

0

 

$

898,423

 

$

0

 

Short-term borrowings

 

 

19,243

 

 

19,243

 

 

0

 

 

19,243

 

 

0

 

Long-term debt

 

 

40,650

 

 

36,325

 

 

0

 

 

31,059

 

 

5,266

 

Interest payable

 

 

429

 

 

429

 

 

0

 

 

429

 

 

0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Off-balance sheet instruments

 

 

0

 

 

0

 

 

0

 

 

0

 

 

0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

49,757

 

$

49,757

 

$

49,757

 

$

0

 

$

0

 

Securities available-for-sale

 

 

234,062

 

 

234,062

 

 

5,032

 

 

229,030

 

 

0

 

Restricted investment in bank stocks

 

 

2,863

 

 

2,863

 

 

0

 

 

2,863

 

 

0

 

Loans held for sale

 

 

3,091

 

 

3,151

 

 

0

 

 

3,151

 

 

0

 

Loans, net

 

 

727,832

 

 

753,299

 

 

0

 

 

0

 

 

753,299

 

Interest receivable

 

 

3,579

 

 

3,579

 

 

0

 

 

3,579

 

 

0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deposits

 

$

901,307

 

$

907,439

 

$

0

 

$

907,439

 

$

0

 

Short-term borrowings

 

 

19,356

 

 

19,356

 

 

0

 

 

19,356

 

 

0

 

Long-term debt

 

 

30,815

 

 

26,568

 

 

0

 

 

21,289

 

 

5,279

 

Interest payable

 

 

470

 

 

470

 

 

0

 

 

470

 

 

0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Off-balance sheet instruments

 

 

0

 

 

0

 

 

0

 

 

0

 

 

0