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Fair Value Disclosures (Tables)
 3 Months Ended
Mar. 31, 2012
Fair Value Disclosures [Abstract]  
Assets and liabilities measured on recurring basis measured at fair value
The following table presents the balances of assets and liabilities that were measured at fair value on a recurring basis as of March 31, 2012, December 31, 2011 and March 31, 2011.

   
At March 31, 2012
 
   
Level 1
  
Level 2
  
Level 3
  
Total
 
Securities available for sale
            
   U.S. Treasury and agency
 $-  $-  $-  $- 
   Mortgage-backed securities
  -   232,115,000   -   232,115,000 
   State and political subdivisions
  -   83,162,000   -   83,162,000 
   Other equity securities
  -   1,834,000   -   1,834,000 
Total assets
 $-  $317,111,000  $-  $317,111,000 

   
At December 31, 2011
 
   
Level 1
  
Level 2
  
Level 3
  
Total
 
Securities available for sale
            
   U.S. Treasury and agency
 $-  $-  $-  $- 
   Mortgage-backed securities
  -   198,232,000   -   198,232,000 
   State and political subdivisions
  -   85,726,000   -   85,726,000 
   Corporate securities
  -   811,000   -   811,000 
   Other equity securities
  -   1,433,000   -   1,433,000 
Total assets
 $-  $286,202,000  $-  $286,202,000 

   
At March 31, 2011
 
   
Level 1
  
Level 2
  
Level 3
  
Total
 
Securities available for sale
            
   U.S. Treasury and agency
 $-  $15,943,000  $-  $15,943,000 
   Mortgage-backed securities
  -   253,110,000   -   253,110,000 
   State and political subdivisions
  -   55,081,000   -   55,081,000 
   Corporate securities
  -   923,000   -   923,000 
   Other equity securities
  -   394,000   -   394,000 
Total assets
 $-  $325,451,000  $-  $325,451,000 
Assets and liabilities measured on non-recurring basis measured at fair value
The following tables includes asset measured at fair value on a nonrecurring basis that have had a fair value adjustment since their initial recognition. Other real estate owned is presented net of an allowance of $367,000,
$436,000, and $108,000 at March 31, 2012, December 31, 2011, and March 31, 2011, respectively. Impaired loans measured at fair value only include impaired loans with a related specific allowance for loan losses and are presented net of specific allowances of $2,348,000, $2,058,000 and $1,621,000 at March 31, 2012, December 31, 2011, and March 31, 2011, respectively.

   
At March 31, 2012
 
   
Level 1
  
Level 2
  
Level 3
  
Total
 
Mortgage servicing rights
 $-  $994,000  $-  $994,000 
Loans held for sale
  -   184,000   -   184,000 
Other real estate owned
  -   4,214,000   -   4,214,000 
Impaired loans
  -   12,082,000   -   12,082,000 
Total assets
 $-  $17,474,000  $-  $17,474,000 

   
At December 31, 2011
 
   
Level 1
  
Level 2
  
Level 3
  
Total
 
Mortgage servicing rights
 $-  $1,581,000  $-  $1,581,000 
Loans held for sale
  -   -   -   - 
Other real estate owned
  -   4,094,000   -   4,094,000 
Impaired loans
  -   12,165,000   -   12,165,000 
Total assets
 $-  $17,840,000  $-  $17,840,000 

   
At March 31, 2011
 
   
Level 1
  
Level 2
  
Level 3
  
Total
 
Mortgage servicing rights
 $-  $2,205,000  $-  $2,205,000 
Loans held for sale
  -   450,000   -   450,000 
Other real estate owned
  -   4,575,000   -   4,575,000 
Impaired loans
  -   7,002,000   -   7,002,000 
Total assets
 $-  $14,232,000  $-  $14,232,000 
Estimated fair value of financial instruments
The estimated fair values for financial instruments as of March 31, 2012 were as follows:

   
Carrying
  
Estimated
          
   
value
  
fair value
  
Level 1
  
Level 2
  
Level 3
 
Financial assets
               
Cash and cash equivalents
 $12,123,000  $12,123,000  $12,123,000  $-  $- 
Interest bearing deposits in other banks
  1,532,000   1,532,000   1,532,000   -   - 
Securities available for sale
  317,111,000   317,111,000   -   317,111,000   - 
Securities to be held to maturity
  137,606,000   144,633,000   -   144,633,000   - 
Federal Reserve Bank stock
  1,411,000   1,411,000   -   1,411,000   - 
Federal Home Loan Bank stock
  13,412,000   13,412,000   -   13,412,000   - 
Loans held for sale
  184,000   184,000   -   184,000   - 
Loans (net of allowance for loan losses)
                    
Commercial
                    
   Real estate
  247,962,000   248,737,000   -   -   248,737,000 
   Construction
  30,018,000   30,018,000   -   -   30,018,000 
   Other
  83,021,000   83,529,000   -   -   83,529,000 
Municipal
  15,939,000   17,471,000   -   -   17,471,000 
Residential
                    
   Term
  356,971,000   368,682,000   -   -   368,682,000 
   Construction
  6,383,000   6,385,000   -   -   6,385,000 
Home equity line of credit
  102,587,000   102,581,000   -   -   102,581,000 
Consumer
  15,057,000   16,049,000   -   -   16,049,000 
Total loans
  857,938,000   873,452,000   -   -   873,452,000 
Mortgage servicing rights
  801,000   994,000   -   994,000   - 
Accrued interest receivable
  5,690,000   5,690,000   -   5,690,000   - 
Financial liabilities
                    
Demand deposits
 $69,520,000  $67,807,000  $-  $67,807,000  $- 
NOW deposits
  120,844,000   111,703,000   -   111,703,000   - 
Money market deposits
  75,752,000   64,795,000   -   64,795,000   - 
Savings deposits
  118,946,000   107,036,000   -   107,036,000   - 
Local certificates of deposit
  215,013,000   220,572,000   -   220,572,000   - 
National certificates of deposit
  415,760,000   420,850,000   -   420,850,000   - 
Total deposits
  1,015,835,000   992,763,000   -   992,763,000   - 
Repurchase agreements
  89,990,000   89,990,000   -   89,990,000   - 
Federal Home Loan Bank advances
  150,161,000   157,589,000   -   157,589,000   - 
Total borrowed funds
  240,151,000   247,579,000   -   247,579,000   - 
Accrued interest payable
  644,000   644,000   -   644,000   - 




The estimated fair values for financial instruments as of December 31, 2011 and March 31, 2011 were as follows:

   
December 31, 2011
  
March 31, 2011
 
   
Carrying
  
Estimated
  
Carrying
  
Estimated
 
   
amount
  
fair value
  
amount
  
fair value
 
Financial assets
            
Cash and cash equivalents
 $14,115,000  $14,115,000  $13,700,000  $13,700,000 
Interest-bearing deposits in other banks
  -   -   100,000   100,000 
Securities available for sale
  286,202,000   286,202,000   325,451,000   325,451,000 
Securities to be held to maturity
  122,661,000   130,677,000   109,936,000   114,051,000 
Federal Home Loan Bank and Federal Reserve Bank stock
  15,443,000   15,443,000   15,443,000   15,443,000 
Loans held for sale
  -   -   450,000   450,000 
Loans (net of allowance for loan losses)
  851,988,000   866,442,000   880,684,000   885,204,000 
Mortgage servicing rights
  1,201,000   1,581,000   1,490,000   2,205,000 
Accrued interest receivable
  4,835,000   4,835,000   6,236,000   6,236,000 
Financial liabilities
                
Deposits
 $941,333,000  $921,388,000  $1,050,257,000  $998,261,000 
Borrowed funds
  265,663,000   273,568,000   217,534,000   222,498,000 
Accrued interest payable
  734,000   734,000   814,000   814,000