Fair Value (Tables)

3 Months Ended

Mar. 31, 2015

Fair Value Disclosures [Abstract]

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

For assets measured at fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy are as follows:

(Dollar amounts in thousands)			(Level 1)		(Level 2)
			Quoted Prices in		Significant		(Level 3)
			Active Markets		Other		Significant
			for Identical		Observable		Unobservable
Description	Total		Assets		Inputs		Inputs
March 31, 2015:
U.S. Treasury and federal agency	$	1,480	$	1,480	$	-	$	-
U.S. government sponsored entities and agencies		38,481		-		38,481		-
U.S. agency mortgage-backed securities: residential		37,932		-		37,932		-
U.S. agency collateralized mortgage obligations: residential		35,816		-		35,816		-
State and political subdivision		32,197		-		32,197		-
Corporate debt securities		3,008		-		3,008		-
Equity securities		2,639		1,811		-		828
	$	151,553	$	3,291	$	147,434	$	828
December 31, 2014:
U.S. Treasury and federal agency	$	1,456	$	1,456	$	-	$	-
U.S. government sponsored entities and agencies		35,224		-		35,224		-
U.S. agency mortgage-backed securities: residential		38,771		-		38,771		-
U.S. agency collateralized mortgage obligations: residential		36,617		-		36,617		-
State and political subdivisions		33,024		-		33,024		-
Corporate debt securities		1,998		-		1,998		-
Equity securities		2,771		1,873		-		898
	$	149,861	$	3,329	$	145,634	$	898

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

The following table presents changes in Level 3 assets measured on a recurring basis for the three month periods ended March 31, 2015 and 2014:

(Dollar amounts in thousands)	Three months ended
	March 31,
	2015		2014
Balance at the beginning of the period	$	898	$	653
Total gains or losses (realized/unrealized):		-		-
Included in earnings		-		-
Included in other comprehensive income		(70)		-
Issuances		-		-
Transfers in and/or out of Level 3		-		-
Balance at the end of the period	$	828	$	653

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

For assets measured at fair value on a non-recurring basis, the fair value measurements by level within the fair value hierarchy are as follows:

(Dollar amounts in thousands)			(Level 1)		(Level 2)
			Quoted Prices in		Significant		(Level 3)
			Active Markets		Other		Significant
			for Identical		Observable		Unobservable
Description	Total		Assets		Inputs		Inputs
March 31, 2015:
Impaired commercial real estate loans	$	495	$	-	$	-	$	495
Impaired commercial business loans		1,794		-		-		1,794
Other residential real estate owned		20		-		-		20
	$	2,309	$	-	$	-	$	2,309
December 31, 2014:
Impaired commercial real estate loans	$	495	$	-	$	-	$	495
Impaired commercial business loans		1,865		-		-		1,865
	$	2,360	$	-	$	-	$	2,360

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

The following table presents quantitative information about Level 3 fair value measurements for assets measured at fair value on a non-recurring basis:

			Valuation	Unobservable
(Dollar amounts in thousands)			Techniques(s)	Input (s)	Range
March 31, 2015:
Impaired commercial real estate loans	$	495	Sales comparison approach/ Contractual provision of USDA loan	Adjustment for differences between comparable sales	10%
Impaired commercial business loans		1,794	Liquidation value of business assets	Adjustment for differences between comparable business assets	45% - 79%
Other residential real estate owned		20	Sales comparison approach	Adjustment for differences between comparable sales	10%
December 31, 2014:
Impaired commercial real estate loans		495	Sales comparison approach/ Contractual provision of USDA loan	Adjustment for differences between comparable sales	10%
Impaired commercial business loans		1,865	Liquidation value of business assets	Adjustment for differences between comparable business assets	44% - 78%

Schedule Of Carrying Amount and Fair Values Of Financial Instruments [Table Text Block]

The following table sets forth the carrying amount and estimated fair values of the Corporation’s financial instruments included in the consolidated balance sheet as of March 31, 2015 and December 31, 2014:

(Dollar amounts in thousands)
	Carrying		Fair Value Measurements using:
Description	Amount		Total		Level 1		Level 2		Level 3
March 31, 2015:
Financial Assets:
Cash and cash equivalents	$	22,274	$	22,274	$	22,274	$	-	$	-
Securities available for sale		151,553		151,553		3,291		147,434		828
Loans, net		376,179		382,490		-		-		382,490
Federal bank stock		2,114		N/A		N/A		N/A		N/A
Accrued interest receivable		1,710		1,710		44		492		1,174
		553,830		558,027		25,609		147,926		384,492
Financial Liabilities:
Deposits		516,024		517,930		395,247		122,683		-
Borrowed funds		18,000		18,789		-		18,789		-
Accrued interest payable		197		197		6		191		-
		534,221		536,916		395,253		141,663		-

	Carrying		Fair Value Measurements using:
	Amount		Total		Level 1		Level 2		Level 3
December 31, 2014:
Financial Assets:
Cash and cash equivalents	$	11,856	$	11,856	$	11,856	$	-	$	-
Securities available for sale		149,861		149,861		3,329		145,634		898
Loans, net		379,648		385,264		-		-		385,264
Federal bank stock		2,406		N/A		N/A		N/A		N/A
Accrued interest receivable		1,543		1,543		30		434		1,079
		545,314		548,524		15,215		146,068		387,241
Financial Liabilities:
Deposits		501,819		504,230		380,685		123,545		-
Borrowed funds		21,500		22,338		-		22,338		-
Accrued interest payable		199		199		32		167		-
		523,518		526,767		380,717		146,050		-