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Note 8 - Fair Value of Assets and Liabilities (Tables)
3 Months Ended
Mar. 31, 2014
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring Basis [Table Text Block]
   

March 31, 2014

 
   

Fair Value Measurements Using

   

Assets at

Fair

 
(Dollars in thousands)   

Level 1

   

Level 2

   

Level 3

    Value   

Assets:

                               

Securities available for sale

                               

U.S. government agencies and corporations

  $     $ 42,667     $     $ 42,667  

Mortgage-backed securities

          39,153             39,153  

Obligations of states and political subdivisions

          129,979             129,979  

Total securities available for sale

          211,799             211,799  

Loans held for sale

          28,630             28,630  

Interest rate lock commitments included in other assets

          626             626  

Forward sales commitments included in other assets

          1             1  

Total assets measured at fair value on a recurring basis

  $     $ 241,056     $     $ 241,056  
                                 

Liabilities:

                               

Derivative liability - cash flow hedges

  $     $ 290     $     $ 290  
   

December 31, 2013

 
   

Fair Value Measurements Using

   

Assets at

Fair

 
(Dollars in thousands)   

Level 1

   

Level 2

   

Level 3

    Value  

Assets:

                               

Securities available for sale

                               

U.S. Treasury securities

  $     $ 10,000     $     $ 10,000  

U.S. government agencies and corporations

            29,950               29,950  

Mortgage-backed securities

          50,863             50,863  

Obligations of states and political subdivisions

          127,139             127,139  

Preferred stock

          158             158  

Total securities available for sale

          218,110             218,110  

Loans held for sale

          35,879             35,879  

Interest rate lock commitments

          511             511  

Forward sales commitments

          22             22  

Total assets

  $     $ 254,522     $     $ 254,522  
                                 

Liabilities:

                               

Derivative liability - cash flow hedges

  $     $ 331     $     $ 331  
Fair Value Measurements, Nonrecurring [Table Text Block]
   

March 31, 2014

 
             
   

Fair Value Measurements Using

   

Assets at Fair

 

(Dollars in thousands)

 

Level 1

   

Level 2

   

Level 3

    Value   

Impaired loans, net

  $     $     $ 2,573     $ 2,573  

Other real estate owned, net

                701       701  

Total

  $     $     $ 3,274     $ 3,274  
   

December 31, 2013

 
             
   

Fair Value Measurements Using

   

Assets at Fair

 

(Dollars in thousands)

 

Level 1

   

Level 2

   

Level 3

    Value  

Impaired loans, net

  $     $     $ 3,646     $ 3,646  

Other real estate owned, net

                2,769       2,769  

Total

  $     $     $ 6,415     $ 6,415  
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]
   

Fair Value Measurements at March 31, 2014

(Dollars in thousands)

 

Fair Value

 

Valuation Technique(s)

 

Unobservable Inputs

 

Range of Inputs

Impaired loans, net

 

$

2,573

   

Appraisals

 

Discount for current market conditions and estimated selling costs

 

10%

- 50%

Other real estate owned, net

 

$

701

   

Appraisals

 

Discount for current market conditions and estimated selling costs

 

0%

- 20%
                         

Total

 

$

3,274

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

Fair Value Measurements at March 31, 2014 Using

 

(Dollars in thousands)

 

Carrying Value

   

Level 1

   

Level 2

   

Level 3

   

Total Fair Value

 

Financial assets:

                                       

Cash and short-term investments

  $ 192,906     $ 192,906     $     $     $ 192,906  

Securities available for sale

    211,799             211,799             211,799  

Loans, net

    783,857                   797,433       797,433  

Loans held for sale

    28,630             28,630             28,630  

Accrued interest receivable

    6,026       6,026                   6,026  

BOLI

    14,081             14,081             14,081  

Derivative asset

    627             627             627  

Financial liabilities:

                                       

Demand deposits

  $ 634,642     $ 634,642     $     $     $ 634,642  

Time deposits

    392,558             394,540             394,540  

Borrowings

    173,552             166,606             166,606  

Derivative liability

    290             290             290  

Accrued interest payable

    830       830                   830  
           

Fair Value Measurements at December 31, 2013 Using

 

(Dollars in thousands)

 

Carrying Value

   

Level 1

   

Level 2

   

Level 3

   

Total Fair Value

 

Financial assets:

                                       

Cash and short-term investments

  $ 148,139     $ 148,139     $     $     $ 148,139  

Securities available for sale

    218,110             218,110             218,110  

Loans, net

    785,532                   800,488       800,488  

Loans held for sale

    35,879             35,879             35,879  

Accrued interest receivable

    6,360       6,360                   6,360  

BOLI

    13,988             13,988             13,988  

Derivative asset

    533             533             533  

Financial liabilities:

                                       

Demand deposits

  $ 608,409     $ 608,409     $     $     $ 608,409  

Time deposits

    399,883             403,291             403,291  

Borrowings

    169,835             162,194             162,194  

Derivative liability

    331               331               331  

Accrued interest payable

    843       843                   843