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Fair Value of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2012

Fair Value of Financial Instruments [Abstract]

Estimated fair values and related carrying or notional amounts

		(In Thousands)
		December 2012																				December 2011
		Carrying				Fair																Carrying				Fair
		Amount				Value				Level 1				Level 2				Level 3				Amount				Value				Level 1				Level 2				Level 3
Financial Assets:
Cash and Cash Equivalents		$	44,092			$	44,092			$	44,092			$	—			$	—			$	43,143			$	43,143			$	43,143			$	—			$	—
Securities—available for sale			355,905				355,905				10,568				328,929				16,408				327,519				327,519				26,691				287,127				13,701
Other Securities			4,365				4,365				—				—				4,365				4,365				4,365				—				—				4,365
Loans, net			496,178				502,125				—				—				502,125				501,124				504,629				—				—				504,629
Interest receivable			3,603				3,603				—				—				3,603				3,218				3,218				—				—				3,218
Total Assets		$	904,143			$	910,090			$	54,660			$	328,929			$	526,501			$	876,151			$	882,874			$	69,834			$	287,127			$	525,913
Financial Liabilities:
Interest bearing Deposits		$	389,779			$	390,066			$	—			$	—			$	390,066			$	363,189			$	363,727			$	—			$	—			$	363,727
Non-interest bearing Deposits			103,966				104,529				—				104,529				—				84,567				85,517				—				85,517				—
Time Deposits			269,507				272,591				—				—				272,591				291,626				292,731				—				—				292,731
Total Deposits		$	763,252			$	767,186			$	—			$	104,529			$	662,657			$	739,382			$	741,975			$	—			$	85,517			$	656,458
Short-term debt			51,312				51,312				—				—				51,312				52,440				52,440				—				—				52,440
Federal Home Loan Bank advances			11,600				11,012				—				—				11,012				16,662				16,638				—				—				16,638
Interest payable			288				288				—				—				288				342				342				—				—				342
Dividends payable			931				931				—				931				—				890				890				—				890				—
Total Liabilities		$	827,383			$	830,729			$	—			$	105,460			$	725,269			$	809,716			$	812,285			$	—			$	86,407			$	725,878

Financial assets 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 Observable Inputs (Level 3)
December 31, 2012
Assets-(Securities Available for Sale)
U.S. Treasury		$	10,568			$	—			$	—
U.S. Government agency			—				220,200				—
Mortgage-backed securities			—				53,006				—
State and local governments			—				55,723				16,408
Total Securities Available for Sale		$	10,568			$	328,929			$	16,408
($ in Thousands)		Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Observable Inputs (Level 2)				Significant Observable 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  December 31, 2012
($ in Thousands)		Balance at December 31, 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 twelve-month period ended Dec. 31, 2012
Impaired loans		$	4,591			$	—			$	—			$	4,591			$	(76	)
Other real estate owned—residential mortgages			783				—				—				783				(62	)
Other real estate owned—commercial			1,526				—				—				1,526				(214	)
Total change in fair value																		$	(352	)
		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	)
Total change in fair value																		$	(928	)

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- 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

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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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