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Fair Value of Instruments (Tables)

9 Months Ended

Sep. 30, 2012

Fair Value of Instruments [Abstract]

Estimated fair values and related carrying or notional amounts

		(In Thousands)
		September 2012																				December 2011
		Carrying				Fair																Carrying				Fair
		Amount				Value				Level 1				Level 2				Level 3				Amount				Value
Financial Assets:
Cash and Cash Equivalents		$	29,629			$	29,629			$	29,629			$	—			$	—			$	43,143			$	43,143
Securities - available for sale			353,455				353,455				31,511				301,494				20,450				327,519				327,519
Other Securities			4,365				4,365				—				—				4,365				4,365				4,365
Loans, net			486,170				490,764				—				—				490,764				501,124				504,629
Interest receivable			4,614				4,614				—				—				4,614				3,481				3,481
Total Assets		$	878,233			$	882,827			$	61,140			$	301,494			$	520,193			$	879,632			$	883,137
Financial Liabilities:
Interest bearing Deposits		$	369,588			$	372,026			$	—			$	—			$	372,026			$	363,189			$	363,727
Non-interest bearing Deposits			87,354				87,559				—				87,559				—			$	84,568			$	85,517
Time Deposits			277,889				279,464				—				—				279,464			$	291,625			$	292,731
Total Deposits		$	734,831			$	739,049			$	—			$	87,559			$	651,490			$	739,382			$	741,975
Short-term debt			54,847				54,847				—				—				54,847				52,440				52,440
Federal Home Loan Bank advances			11,611				12,943				—				—				12,943				16,662				16,638
Interest payable			318				318				—				—				318				342				342
Dividends payable			931				931				—				931				—				890				890
Total Liabilities		$	802,538			$	808,088			$	—			$	88,490			$	719,598			$	809,716			$	812,285

Financial assets measured at fair value on a recurring basis

		Assets and Liabilities Measured at Fair Value on a Recurring Basis (In  Thousands)
		Quoted Prices in Active Markets for Identical Assets(Level 1)				Significant Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
September 30, 2012
Assets-Securities Available for Sale
U.S. Treasury		$	31,511			$	—			$	—
U.S. Government agency			—				193,058				—
Mortgage-backed securities			—				58,079				—
State and local governments			—				50,357			$	20,450
Total Securities Available for Sale		$	31,511			$	301,494			$	20,450
		Quoted Prices in Active Markets for Identical Assets(Level 1)				Significant Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
December 31, 2011
Assets-Securities Available for Sale
U.S. Treasury		$	26,691			$	—			$	—
U.S. Government agency			—				177,797				—
Mortgage-backed securities			—				55,413				—
State and local governments			—				53,917				13,701
Total Securities Available for Sale		$	26,691			$	287,127			$	13,701

Impaired loans and other real estate

		Assets Measured at Fair Value on a Nonrecurring Basis at September 30, 2012 (In Thousands)
		Balance at September 30, 2012				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)				Change in fair value for nine-month period ended September 30, 2012
Impaired loans		$	4,516			$	—			$	—			$	4,516			$	(72	)
Other real estate owned - residential mortgages		$	865			$	—			$	—			$	865			$	(25	)
Other real estate owned - commercial		$	2,253			$	—			$	—			$	2,253			$	(346	)
																		$	(443	)

		Assets Measured at Fair Value on a Nonrecurring Basis at December 31, 2011 (In Thousands)
		Balance at December 31, 2011				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)				Change in fair value for twelve-month period ended Dec. 31, 2011
Impaired loans		$	1,854			$	—			$	—			$	1,854			$	(150	)
Other real estate owned - residential mortgages		$	958			$	—			$	—			$	958			$	(145	)
Other real estate owned commercial		$	2,614			$	—			$	—			$	2,614			$	(633	)
																		$	(928	)

X

- Definition

Tabular disclosure of information pertaining to carrying amount of estimated fair value on impaired loans and other real estate owned as recorded at fair value.

+ References

No definition available.

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- 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

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 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 3: 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 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (a),(b)

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

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- Definition

Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements.

+ References

No definition available.

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