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Note 4 - Fair Value Disclosure Measurements (Tables)
9 Months Ended
Sep. 30, 2013
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring Basis [Table Text Block]
           

September 30, 2013

         

(Dollar amounts in thousands)

 

Level I

   

Level II

   

Level III

   

Total

 

Assets measured on a recurring basis:

                               

U.S. government agency securities

  $ -     $ 26,343     $ -     $ 26,343  

Obligations of states and political subdivisions

    -       94,621       -       94,621  

Mortgage-backed securities in government- sponsored entities

            55,083               55,083  

Private-label mortgage-backed securities

    -       3,974       -       3,974  

Total debt securities

    -       180,021       -       180,021  

Equity securities in financial institutions

    5       745       -       750  

Total

  $ 5     $ 180,766     $ -     $ 180,771  
           

December 31, 2012

         
   

Level I

   

Level II

   

Level III

   

Total

 

Assets measured on a recurring basis:

                               

U.S. government agency securities

  $ -     $ 24,960     $ -     $ 24,960  

Obligations of states and political subdivisions

    -       92,596       -       92,596  

Mortgage-backed securities in government- sponsored entities

            71,102       -       71,102  

Private-label mortgage-backed securities

    -       5,064       -       5,064  

Total debt securities

    -       193,722       -       193,722  

Equity securities in financial institutions

    5       745       -       750  

Total

  $ 5     $ 194,467     $ -     $ 194,472  
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]
           

September 30, 2013

         

(Dollar amounts in thousands)

 

Level I

   

Level II

   

Level III

   

Total

 

Assets measured on a non-recurring basis:

                               

Impaired loans

  $ -     $ -     $ 15,467     $ 15,467  

Other real estate owned

    -       -       2,719       2,719  
           

December 31, 2012

         
   

Level I

   

Level II

   

Level III

   

Total

 

Assets measured on a non-recurring basis:

                               

Impaired loans

  $ -     $ -     $ 17,600     $ 17,600  

Other real estate owned

    -       -       1,846       1,846  
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]
   

Quantitative Information about Level III Fair Value Measurements

(unaudited, in thousands)

 

Fair Value Estimate

 

Valuation Techniques

Unobservable Input

 

Range (Weighted Average)

   

September 30, 2013

   

December 31, 2012

               

Impaired loans

  $ 15,467     $ 17,600  

Appraisal of collateral (1)

Appraisal adjustments (2)

  0% to -68.0% (-30.7%)
                   

Liquidation expenses (2)

  0% to -45.8% (-2.0%)

Other real estate owned

  $ 2,719     $ 1,846  

Appraisal of collateral (1), (3)

Appraisal adjustments (2)

  0% to -10.0% (-7.5%)
Fair Value, by Balance Sheet Grouping [Table Text Block]
   

September 30, 2013

 
   

Carrying

Value

   

Level I

   

Level II

   

Level III

   

Total

Fair Value

 
   

(in thousands)

 

Financial assets:

                                       

Cash and cash equivalents

  $ 32,193     $ 32,193     $ -     $ -     $ 32,193  

Investment securities

                                       

Available for sale

    180,771       5       180,766       -       180,771  

Net loans

    411,239       -       -       413,767       413,767  

Bank-owned life insurance

    8,745       8,745               -       8,745  

Federal Home Loan Bank stock

    1,887       1,887               -       1,887  

Accrued interest receivable

    2,565       2,565       -       -       2,565  
                                         
                                         

Financial liabilities:

                                       

Deposits

  $ 579,222     $ 398,258     $ -     $ 182,824     $ 581,082  

Short-term borrowings

    10,575       10,575       -       -       10,575  

Federal funds purchased

    1,639       1,639       -       -       1,639  

Other borrowings

    12,261       -       -       12,469       12,469  

Accrued interest payable

    464       464       -       -       464  
   

December 31, 2012

 
   

Carrying

Value

   

Level I

   

Level II

   

Level III

   

Total

Fair Value

 
   

(in thousands)

 

Financial assets:

                                       

Cash and cash equivalents

  $ 45,346     $ 45,346     $ -     $ -     $ 45,346  

Investment securities

                                       

Available for sale

    194,472       5       194,467       -       194,472  

Net loans

    400,654       -       -       390,206       390,206  

Bank-owned life insurance

    8,536       8,536       -       -       8,536  

Federal Home Loan Bank stock

    1,887       1,887       -       -       1,887  

Accrued interest receivable

    2,163       2,163       -       -       2,163  
                                         

Financial liabilities:

                                       

Deposits

  $ 593,335     $ 396,582     $ -     $ 196,122     $ 592,704  

Short-term borrowings

    6,538       6,538       -       -       6,538  

Other borrowings

    12,970       -       -       13,337       13,337  

Accrued interest payable

    492       492       -       -       492