Note 4 - Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2012

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

			June 30, 2012
	Level I		Level II		Level III		Total
(Dollar amounts in thousands)
Assets Measured on a Recurring Basis:
U.S. government agency securities	$	-	$	13,572	$	-	$	13,572
Obligations of states and political subdivisions		-		88,587		-		88,587
Mortgage-backed securities in government-sponsored entities				64,274				64,274
Private-label mortgage-backed securities		-		6,262		-		6,262
Total debt securities		-		172,695		-		172,695
Equity securities in financial institutions		5		746		-		751
Total	$	5	$	173,441	$	-	$	173,446

			December 31, 2011
	Level I		Level II		Level III		Total
Assets Measured on a Recurring Basis:
U.S. government agency securities	$	-	$	31,933	$	-	$	31,933
Obligations of states and political subdivisions		-		88,400		-		88,400
Mortgage-backed securities in government-sponsored entities				65,573		-		65,573
Private-label mortgage-backed securities		-		7,321		-		7,321
Total debt securities		-		193,227		-		193,227
Equity securities in financial institutions		5		745		-		750
Total	$	5	$	193,972	$	-	$	193,977

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]

			June 30, 2012
(Dollar amounts in thousands)	Level I		Level II		Level III		Total
Assets Measured on a non-recurring Basis:
Impaired loans	$	-	$	-	$	6,061	$	6,061
Other real estate owned		-		-		1,986		1,986

			December 31, 2011
	Level I		Level II		Level III		Total
Assets Measured on a non-recurring Basis:
Impaired loans	$	-	$	-	$	13,581	$	13,581
Other real estate owned		-		-		2,196		2,196

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

	Quantitative Information about Level III Fair Value Measurements
(unaudited, in thousands)	Estimate		Valuation Techniquest	Unobservable Input	Range (Weighted Average)
June 30, 2012
Impaired loans	$	6,061	Appraisal of collateral (1)	Appraisal adjustments (2)	0%	to	-75.0%	(-36.4%)
				Liquidation expenses (2)	0%	to	-21.9%	(-2.2%)
Other real estate owned	$	1,986	Appraisal of collateral (1), (3)

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

	June 30, 2012
	Carrying Value		Level I		Level II		Level III		Total Fair Value
	(in thousands)
Financial assets:
Cash and cash equivalents	$	42,861	$	42,861	$	-	$	-	$	42,861
Investment securities Available for sale		173,446		5		173,441		-		173,446
Net loans		403,116		-		-		394,490		394,490
Bank-owned life insurance		8,394		8,394				-		8,394
Federal Home Loan Bank stock		1,887		1,887				-		1,887
Accrued interest receivable		2,123		2,123		-		-		2,123
Financial liabilities:
Deposits	$	571,729	$	366,587	$	-	$	210,321	$	576,908
Short-term borrowings		6,959		6,959		-		-		6,959
Other borrowings		16,363		-		-		16,769		16,769
Accrued interest payable		548		548		-		-		548

	June 30, 2012				December 31, 2011
	Carrying Value		Fair Value		Carrying Value		Fair Value
	(in thousands)
Financial assets:
Cash and cash equivalents	$	42,861	$	42,861	$	34,390	$	34,390
Investment securities Available for sale		173,446		173,446		193,977		193,977
Net loans		403,116		394,490		395,061		382,542
Bank-owned life insurance		8,394		8,394		8,257		8,257
Federal Home Loan Bank stock		1,887		1,887		1,887		1,887
Accrued interest receivable		2,123		2,123		2,234		2,234
Financial liabilities:
Deposits	$	571,729	$	576,908	$	580,962	$	587,178
Short-term borrowings		6,959		6,959		7,392		7,392
Other borrowings		16,363		16,769		16,831		17,327
Accrued interest payable		548		548		645		645