Fair Values of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2013

Investments All Other Investments [Abstract]

Schedule of Estimated Fair Values of Recognized Financial Instruments

The estimated fair values of recognized financial instruments as of June 30, 2013 and December 31, 2012 are as follows:

(Dollars in thousands)	Carrying Value		Level 1		Level II		Level III		Total Fair Value
June 30, 2013
Financial assets:
Cash and cash equivalents	$	37,066	$	37,066	$	—	$	—	$	37,066
Securities		127,515		1,207		126,308		—		127,515
Loans held for sale		103		103		—		—		103
Net loans		373,246		—		—		377,473		377,473
Bank-owned life insurance		9,419		9,419		—		—		9,419
Restricted stock		5,463		—		5,463		—		5,463
Accrued interest receivable		1,343		1,343		—		—		1,343
Financial liabilities:
Deposits	$	462,845	$	312,312	$	—	$	151,610	$	463,922
Short-term borrowings		41,851		41,851		—		—		41,851
Other borrowings		12,558		—		—		13,185		13,185
Accrued interest payable		124		124		—		—		124
(Dollars in thousands)	Carrying Value		Level 1		Level II		Level III		Total Fair Value
December 31, 2012
Financial assets:
Cash and cash equivalents	$	66,878	$	66,878	$	—	$	—	$	66,878
Securities		129,291		169		129,122		—		129,291
Net loans		360,000		—		—		367,028		367,028
Bank-owned life insurance		8,298		8,298		—		—		8,298
Restricted stock		5,463		—		5,463		—		5,463
Accrued interest receivable		1,317		1,317		—		—		1,317
Financial liabilities:
Deposits	$	475,443	$	317,369	$	—	$	159,573	$	476,942
Short-term borrowings		43,992		43,992		—		—		43,992
Other borrowings		12,672		—		—		13,772		13,772
Accrued interest payable		135		135		—		—		135