Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2016

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

The tables below present the recorded amount of assets measured at fair value on a recurring basis at March 31, 2016 and December 31, 2015. No assets were transferred from one hierarchy level to another during the first three months of 2016 or 2015.

					Significant
					Other		Significant
			Quoted		Observable		Unobservable
			Prices		Inputs		Inputs
(Dollars in thousands)	Fair Value		(Level 1)		(Level 2)		(Level 3)
March 31, 2016
Securities available for sale:
U.S. Treasury	$	5,050	$	5,050	$	-	$	-
U.S. Government agencies		49,508		-		49,508		-
Mortgage-backed		151,525		-		151,525		-
Equity		652		-		652		-
Total	$	206,735	$	5,050	$	201,685	$	-

					Significant
					Other		Significant
			Quoted		Observable		Unobservable
			Prices		Inputs		Inputs
(Dollars in thousands)	Fair Value		(Level 1)		(Level 2)		(Level 3)
December 31, 2015
Securities available for sale:
U.S. Treasury	$	5,079	$	5,079	$	-	$	-
U.S. Government agencies		49,529		-		49,529		-
Mortgage-backed		156,916		-		156,916		-
Equity		641		-		641		-
Total	$	212,165	$	5,079	$	207,086	$	-

Fair Value Assets Measured on Nonrecurring Basis [Table Text Block]

The tables below present the recorded amount of assets measured at fair value on a nonrecurring basis at March 31, 2016 and December 31, 2015. No assets were transferred from one hierarchy level to another during the first three months of 2016 or 2015.

					Significant
					Other		Significant
			Quoted		Observable		Unobservable
			Prices		Inputs		Inputs
(Dollars in thousands)	Fair Value		(Level 1)		(Level 2)		(Level 3)
March 31, 2016
Impaired loans
Construction	$	9,807	$	-	$	9,807	$	-
Residential real estate		7,744		-		7,744		-
Commercial real estate		7,328		-		7,328		-
Commercial		154		-		154		-
Consumer		121		-		121		-
Total impaired loans		25,154		-		25,154		-
Other real estate owned		3,896		-		3,896		-
Total assets measured at fair value on a nonrecurring basis	$	29,050	$	-	$	29,050	$	-

					Significant
					Other		Significant
			Quoted		Observable		Unobservable
			Prices		Inputs		Inputs
(Dollars in thousands)	Fair Value		(Level 1)		(Level 2)		(Level 3)
December 31, 2015
Impaired loans
Construction	$	10,979	$	-	$	10,979	$	-
Residential real estate		7,510		-		7,510		-
Commercial real estate		7,422		-		7,422		-
Commercial		161		-		161		-
Consumer		115		-		115		-
Total impaired loans		26,187		-		26,187		-
Other real estate owned		4,252		-		4,252		-
Total assets measured at fair value on a nonrecurring basis	$	30,439	$	-	$	30,439	$	-

Schedule of Estimated Fair Values of Financial Assets and Liabilities [Table Text Block]

The following table provides information on the estimated fair values of the Company’s financial assets and liabilities that are reported in the balance sheets at their carrying amounts. The financial assets and liabilities have been segregated by their classification level in the fair value hierarchy.

	March 31, 2016				December 31, 2015
			Estimated				Estimated
	Carrying		Fair		Carrying		Fair
(Dollars in thousands)	Amount		Value		Amount		Value
Financial assets
Level 1 inputs
Cash and cash equivalents	$	73,626	$	73,626	$	73,811	$	73,811

Level 2 inputs

Investment securities held to maturity	$	3,996	$	4,108	$	4,191	$	4,243
Loans, net		790,612		793,427		786,798		788,187

Financial liabilities
Level 2 inputs
Deposits	$	969,733	$	930,304	$	975,464	$	922,161
Short-term borrowings		5,872		5,872		6,672		6,672