Fair Value (Tables)

9 Months Ended

Sep. 30, 2012

Balances Of Assets And Liabilities Measured At Fair Value On A Recurring Basis [TableTextBlock]


	September 30, 2012
(In thousands)	Level 1		Level 2		Level 3		Total
Financial assets:
Securities available for sale:
U.S. Government sponsored entities	$	-	$	2,050	$	-	$	2,050
State and political subdivisions		-		14,415		-		14,415
Residential mortgage-backed securities		-		47,701		-		47,701
Commercial mortgage-backed securities		-		6,158		-		6,158
Corporate and other securities		-		20,528		-		20,528
Total securities available for sale	$	-	$	90,852	$	-	$	90,852


	December 31, 2011
(In thousands)	Level 1		Level 2		Level 3		Total
Financial assets:
Securities available for sale:
U.S. Government sponsored entities	$	-	$	5,376	$	-	$	5,376
State and political subdivisions		-		17,878		-		17,878
Residential mortgage-backed securities		-		57,924		-		57,924
Commercial mortgage-backed securities		-		210		-		210
Corporate and other securities		-		7,377		-		7,377
Total securities available for sale	$	-	$	88,765	$	-	$	88,765
Financial liabilities:
Interest rate swap agreements	$		$	43	$		$	43

Assets And Liabilities Carried On The Balance Sheet By Caption And By Level Within The Hierarchy (As Described Above) [TableTextBlock]


	Fair value at September 30, 2012								Gains (losses) from fair value changes		Gains (losses) from fair value changes
(In thousands)	Level 1		Level 2		Level 3		Total		for the three months ended September 30, 2012		for the nine months ended September 30, 2012
Financial assets:
OREO	$	-	$	-	$	269	$	269	$	(119)	$	(863)
Impaired collateral-dependent loans		-		-		12,162		12,162		1,320		2,067


	Fair value at September 30, 2011								Losses from fair value changes		Losses from fair value changes
(In thousands)	Level 1		Level 2		Level 3		Total		for the three months ended September 30, 2011		for the nine months ended September 30, 2011
Financial assets:
OREO	$	-	$	-	$	3,028	$	3,028	$	(325)	$	(550)
Impaired collateral-dependent loans		-		-		13,019		13,019		(381)		(1,821)

Carrying Amount And Estimated Fair Values Of The Company's Financial Instruments Not Previously Presented [TableTextBlock]


			September 30, 2012				December 31, 2011
(In thousands)	Fair value level		Carrying amount		Estimated fair value		Carrying amount		Estimated fair value
Financial assets:
Cash and cash equivalents		Level 1	$	72,563	$	72,563	$	82,574	$	82,574
Securities held to maturity		Level 2		15,585		16,884		18,771		19,879
SBA loans held for sale		Level 2		7,708		8,417		7,668		8,192
Loans, net of allowance for loan losses		Level 2		573,908		574,969		568,576		572,165
Federal Home Loan Bank stock		Level 2		3,989		3,989		4,088		4,088
SBA servicing assets		Level 3		391		391		418		418
Accrued interest receivable		Level 2		3,478		3,478		3,703		3,703
Financial liabilities:
Deposits		Level 2		633,126		635,416		643,971		647,281
Borrowed funds and subordinated debentures		Level 2		90,465		100,614		90,465		102,533
Accrued interest payable		Level 2		464		464		523		523

- Definition

Tabular disclosure related to assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a recurring and/or nonrecurring basis in periods after initial recognition. Disclosures include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3) as well as transfers between levels 1 and 2.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 157

-Paragraph 6

-Footnote 4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (a,b,bb)

-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 157

-Paragraph 32

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 2C

-URI http://asc.fasb.org/extlink&oid=7578670&loc=SL7498348-110258

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19279-110258

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19190-110258

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 157

-Paragraph 33

-Subparagraph a, b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

+ References+ Details

- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References+ Details