Fair Value Of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2013

Fair Value of Financial Instruments [Abstract]

Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block]


		Fair Value at December 31, 2013	Valuation Technique	Significant Unobservable Inputs	Significant Unobservable Input Value
Recurring:

Investment Securities – available for sale - CDO	$	17,538	Discounted Cash Flow	Discount Rate	Swap+17%; Range of Libor+ 6% to 18%
Cash Flow Hedge	$	(457)	Discounted Cash Flow	Reuters Third Party Market Quote	99.9% (weighted avg 99.9%)

Non-recurring:

Impaired Loans	$	8,613	Market Comparable Properties	Marketability Discount	10% (1) (weighted avg 10%)

OREO	$	5,591	Market Comparable Properties	Marketability Discount	5% to 10% (1) (weighted avg 9%)

Assets And Liabilities Measured At Fair Value On A Recurring And Nonrecurring Basis [Table Text Block]



			Fair Value Measurements at
			December 31, 2013 Using
			(In Thousands)
	Assets Measured at		Quoted Prices in Active Markets for Identical Assets	Significant Other Observable Inputs		Significant Unobservable Inputs
Description	12/31/2013		(Level 1)	(Level 2)		(Level 3)
Recurring:
Investment securities available-for-sale:
U.S. government agencies	$	92,035		$	92,035
Residential mortgage-backed agencies	$	112,444		$	112,444
Commercial mortgage-backed agencies	$	29,905		$	29,905
Collateralized mortgage obligations	$	29,390		$	29,390
Obligations of states and political subdivisions	$	55,277		$	55,277
Collateralized debt obligations	$	17,538				$	17,538
Financial Derivative	$	(457)				$	(457)
Non-recurring:
Impaired loans	$	8,613				$	8,613
Other real estate owned	$	5,591				$	5,591


			Fair Value Measurements at
			December 31, 2012 Using
			(In Thousands)
	Assets Measured at		Quoted Prices in Active Markets for Identical Assets	Significant Other Observable Inputs		Significant Unobservable Inputs
Description	12/31/2012		(Level 1)	(Level 2)		(Level 3)
Recurring:
Investment securities available-for-sale:
U.S. government agencies	$	40,320		$	40,320
Residential mortgage-backed agencies	$	44,108		$	44,108
Commercial mortgage-backed agencies	$	37,618		$	37,618
Collateralized mortgage obligations	$	31,731		$	31,731
Obligations of states and political subdivisions	$	58,054		$	58,054
Collateralized debt obligations	$	11,442				$	11,442
Financial Derivative	$	(849)				$	(849)
Non-recurring:
Impaired loans	$	13,560				$	13,560
Other real estate owned	$	3,165				$	3,165

Reconciliation Of Fair Valued Assets Measured On A Recurring Basis [Table Text Block]



		Fair Value Measurements Using Significant
		Unobservable Inputs
		(Level 3)
		(In Thousands)
	Investment Securities Available for Sale		Cash Flow Hedge
Beginning balance January 1, 2013	$	11,442	$	(849)
Total gains/(losses) realized/unrealized:
Included in earnings		0		0
Included in other comprehensive loss		6,096		392
Ending balance December 31, 2013	$	17,538	$	(457)

The amount of total gains or losses for the period
included in earnings attributable to the change in
realized/unrealized gains or losses related to assets
still held at the reporting date	$	0	$	0


		Fair Value Measurements Using Significant
		Unobservable Inputs
		(Level 3)
		(In Thousands)
	Investment Securities Available for Sale		Cash Flow Hedge
Beginning balance January 1, 2012	$	9,447	$	(1,034)
Total gains/(losses) realized/unrealized:
Included in earnings		0		0
Included in other comprehensive loss		1,995		185
Ending balance December 31, 2012	$	11,442	$	(849)

The amount of total gains or losses for the period
included in earnings attributable to the change in
realized/unrealized gains or losses related to assets
still held at the reporting date	$	0	$	0

Fair Value By Balance Sheet Grouping [Table Text Block]



	December 31, 2013					Fair Value Measurements
	Carrying		Fair		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
(in thousands)	Amount		Value		(Level 1)		(Level 2)		(Level 3)
Financial Assets:
Cash and due from banks	$	32,895	$	32,895	$	32,895
Interest bearing deposits in banks		10,168		10,168		10,168
Investment securities - AFS		336,589		336,589			$	319,051	$	17,538
Investment securities - HTM		3,900		3,590						3,590
Restricted Bank stock		7,913		7,913				7,913
Loans, net		796,646		799,937						799,937
Accrued interest receivable		4,342		4,342				4,342

Financial Liabilities:
Deposits – non-maturity		650,761		650,761				650,761
Deposits – time deposits		326,642		333,256				333,256
Short-term borrowed funds		43,676		43,676				43,676
Long-term borrowed funds		182,672		189,135				189,135
Accrued interest payable		7,647		7,647				7,647
Financial derivative		457		457						457
Off balance sheet financial instruments		0		0		0



		2012
(In thousands)	Carrying Amount		Fair Value
Financial Assets:
Cash and due from banks	$	71,290	$	71,290
Interest bearing deposits in banks		11,778		11,778
Investment securities - AFS		223,273		223,273
Investment securities - HTM		4,040		4,347
Restricted Bank stock		8,349		8,349
Loans, net		858,782		865,405
Accrued interest receivable		4,494		4,494

Financial Liabilities:
Deposits – non-maturity		593,224		593,224
Deposits – time deposits		383,660		392,155
Short-term borrowed funds		39,257		39,257
Long-term borrowed funds		182,735		190,531
Accrued interest payable		5,415		5,415
Financial derivative		849		849
Off balance sheet financial instruments		0		0

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

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- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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- 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.

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