XML 32 R20.htm IDEA: XBRL DOCUMENT v3.10.0.1

Note 5 - Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2018

Notes Tables

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

						June 30, 2018
(Dollar amounts in thousands)		Level I				Level II				Level III				Total
Assets measured on a recurring basis:
U.S. government agency securities		$	-			$	7,988			$	-			$	7,988
Obligations of states and political subdivisions			-				75,397				-				75,397
Mortgage-backed securities in government-sponsored entities			-				16,643				-				16,643
Total debt securities			-				100,028				-				100,028
Equity securities in financial institutions			406				250				-				656
Total		$	406			$	100,278			$	-			$	100,684

						December 31, 2017
(Dollar amounts in thousands)		Level I				Level II				Level III				Total
Assets measured on a recurring basis:
U.S. government agency securities		$	-			$	8,719			$	-			$	8,719
Obligations of states and political subdivisions			-				67,429				-				67,429
Mortgage-backed securities in government-sponsored entities			-				18,510				-				18,510
Total debt securities			-				94,658				-				94,658
Equity securities in financial institutions			375				250				-				625
Total		$	375			$	94,908			$	-			$	95,283

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]

						June 30, 2018
(Dollar amounts in thousands)		Level I				Level II				Level III				Total
Assets measured on a non-recurring basis:
Impaired loans		$	-			$	-			$	1,134			$	1,134

						December 31, 2017
(Dollar amounts in thousands)		Level I				Level II				Level III				Total
Assets measured on a non-recurring basis:
Impaired loans		$	-			$	-			$	3,072			$	3,072
Other real estate owned			-				-				32				32

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

Quantitative Information about Level III Fair Value Measurements

(Dollar amounts in thousands)

Fair Value Estimate

Valuation Techniques

Unobservable Input

Range (Weighted Average)

June 30, 2018

Impaired loans

$

1,134

Appraisal of collateral (1)

Appraisal adjustments (2)

0%

to

100%

(47.49%)

Quantitative Information about Level III Fair Value Measurements

(Dollar amounts in thousands)

Fair Value Estimate

Valuation Techniques

Unobservable Input

Range (Weighted Average)

December 31, 2017

Impaired loans

$

3,072

Appraisal of collateral (1)

Appraisal adjustments (2)

0%

to

86.1%

(13.8%)

Other real estate owned

$

32

Appraisal of collateral (1)

Appraisal adjustments (2)

0%

to

10.0%

Fair Value, by Balance Sheet Grouping [Table Text Block]

		June 30, 2018
		Carrying																Total
		Value				Level I				Level II				Level III				Fair Value
		(Dollar amounts in thousands)
Financial assets:
Cash and cash equivalents (1)		$	71,246			$	71,246			$	-			$	-			$	71,246
Loans held for sale			1,132				-				1,132				-				1,132
Net loans			936,172				-				-				925,076				925,076
Bank-owned life insurance (1)			15,862				15,862				-				-				15,862
Federal Home Loan Bank stock (1)			3,679				3,679				-				-				3,679
Accrued interest receivable (1)			3,295				3,295				-				-				3,295
Financial liabilities:
Deposits		$	932,246			$	641,887			$	-			$	287,358			$	929,245
Short-term borrowings (1)			87,833				87,833				-				-				87,833
Other borrowings			18,996				-				-				18,990				18,990
Accrued interest payable (1)			661				661				-				-				661

		December 31, 2017
		Carrying																Total
		Value				Level I				Level II				Level III				Fair Value
		(Dollar amounts in thousands)
Financial assets:
Cash and cash equivalents		$	39,886			$	39,886			$	-			$	-			$	39,886
Loans held for sale			463				-				463				-				463
Net loans			916,023				-				-				913,323				913,323
Bank-owned life insurance			15,652				15,652				-				-				15,652
Federal Home Loan Bank stock			3,589				3,589				-				-				3,589
Accrued interest receivable			3,288				3,288				-				-				3,288
Financial liabilities:
Deposits		$	878,194			$	635,207			$	-			$	242,020			$	877,227
Short-term borrowings			74,707				74,707				-				-				74,707
Other borrowings			29,065				-				-				29,069				29,069
Accrued interest payable			578				578				-				-				578

X

- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (bbb)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique used to measure similar asset in prior period by class of asset or liability on non-recurring basis.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (bbb)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisValuationTechniquesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19190-110258

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=109250915&loc=d3e13467-108611

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration