Loans Receivable and Allowance for Loan Losses (Tables)

6 Months Ended

Jun. 30, 2012

Loans Receivable and Allowance for Loan Losses [Abstract]

Composition of Loans Receivable [Table Text Block]


	Types of loans
	(dollars in thousands) June 30, 2012 December 31, 2011
Real Estate-Residential	$148,051	30.8%	$148,148	32.3%
Commercial	275,258	57.4	262,476	57.3
Construction	15,881	3.3	11,087	2.4
Commercial, financial and agricultural	26,518	5.5	22,684	5.0
Consumer loans to individuals	14,244	3.0	13,934	3.0
Total loans	479,952	100.0%	458,329	100.0%

Deferred fees (net)	(531)		(422)

Allowance for loan losses	(5,775)		(5,458)
Net loans receivable	$473,646		$452,449

Changes In The Accretable Yield For Purchased Credit Impaired Loans [Table Text Block]

Balance at beginning of period																		$171
Accretion																		(47)
Reclassification and other																		-
Balance at end of period																		$124

Loans Acquired And Accounted For in Accordance With ASC 310-30 [Table Text Block]

	June 30, 2012	December 31, 2011
	Acquired Loans with Specific Evidence of Deterioration in Credit Quality	Acquired Loans with Specific Evidence of Deterioration in Credit Quality
Outstanding Balance	$ 1,346	$ 1,412
Carrying Amount	1,224	1,246

Allowance for Loan Losses and Recorded Investment in Financing Receivables [Table Text Block]

		Real Estate Loans
		Residential			Commercial			Construction		Commercial Loans			Consumer Loans		Total
June 30, 2012								(In thousands)

Individually evaluated for impairment	$	-		$	12,501		$	-	$	385	$		-	$	12,886
Loans acquired with deteriorated credit quality		273			951			-		-			-		1,224
Collectively evaluated for impairment		147,778			261,806			15,881		26,133			14,244		465,842
Total Loans	$	148,051	$			275,258	$	15,881	$	26,518	$	14,244		$	479,952
			Real Estate Loans
		Residential			Commercial			Construction		Commercial Loans			Consumer Loans		Total
December 31, 2011								(In thousands)

Individually evaluated for impairment	$	-		$	11,786		$	-	$	598	$		-	$	12,384
Loans acquired with deteriorated credit quality		343			903			-		-			-		1,246
Collectively evaluated for impairment		147,805			249,787			11,087		22,086			13,934		444,699
Total Loans	$	148,148		$	262,476		$	11,087	$	22,684	$		13,934	$	458,329

(In thousands)		Residential Real Estate		Commercial Real Estate		Construction		Commercial		Consumer		Total
Beginning balance, December 31, 2011	$	1,257	$	3,838	$	72	$	147	$	144	$	5,458
Charge Offs		(308)		(96)		(7)		-		(33)		(444)	)
Recoveries		1		-		-		-		10		11
Provision Expense		609		(51)		22		116		54		750
Ending balance, June 30, 2012	$	1,559	$	3,691	$	87	$	263	$	175	$	5,775
Ending balance individually evaluated for impairment	$	-	$	1,120		-		-		-	$	1,120
Ending balance collectively evaluated for impairment	$	1,559	$	2,571	$	87	$	263	$	175	$	4,655

(In thousands)		Residential Real Estate		Commercial Real Estate		Construction		Commercial		Consumer		Total
Beginning balance, December 31, 2010	$	1,167	$	3,976	$	110	$	171	$	192	$	5,616
Charge Offs		(226)		(764)		-		(2)		(41)		(1,033)	)
Recoveries		7		-		-		5		22		34
Provision Expense		148		463		(19)		84		(26)		650
Ending balance, June 30, 2011	$	1,096	$	3,675	$	91	$	258	$	147	$	5,267
Ending balance individually evaluated for impairment	$	-	$	1,678		-		-		-	$	1,678
Ending balance collectively evaluated for impairment	$	1,096	$	1,997	$	91	$	258	$	147	$	3,589

Impaired Loans and Related Interest Income by Loan Portfolio Class [Table Text Block]

		Recorded Investment		Unpaid Principal Balance		Associated Allowance		Average Recorded Investment		Interest Income Recognized
June 30, 2012 With no related allowance recorded:					(In thousands)
Real Estate Loans
Residential	$	273	$	297	$	-	$	289	$	2
Commercial		5,420		5,520		-		5,902		40
Commercial Loans		385		385		-		385		-
Total		6,078		6,202		-		6,576		42
With an allowance recorded:
Real Estate Loans
Commercial		8,031		8,031		1,120		7,379		106
Total		8,031		8,031		1,120		7,379		106
Total:
Real Estate loans
Residential		273		297		-		289		2
Commercial		13,451		13,551		1,120		13,281		146
Commercial Loans		385		385		-		385		-
Total Impaired Loans	$	14,109	$	14,233	$	1,120	$	13,955	$	148

Classes of the Loan Portfolio Summarized by the Aggregate Risk Rating [Table Text Block]

The following table presents the classes of the loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard, Doubtful and Loss within the internal risk rating system as of June 30, 2012 and December 31, 2011 (in thousands):

		Pass		Special Mention		Substandard		Doubtful		Total
June 30, 2012
Commercial real estate loans	$	250,726	$	9,825	$	14,707	$	-	$	275,258
Commercial loans		25,842		238		438		-		26,518
Total	$	276,568	$	10,063	$	15,145	$	-	$	301,776

		Pass		Special Mention		Substandard		Doubtful		Total
December 31, 2011
Commercial real estate loans	$	237,407	$	11,009	$	14,060	$	-	$	262,476
Commercial loans		21,598		427		659		-		22,684
Total	$	259,005	$	11,436	$	14,719	$	-	$	285,160

For residential real estate loans, construction loans and consumer loans, the Company evaluates credit quality based on the performance of the individual credits. Nonperforming loans include loans on nonaccrual status and accruing loans which are past due over ninety days. The following table presents the recorded investment in the loan classes based on payment activity as of June 30, 2012 and December 31, 2011 (in thousands):

June 30, 2012		Performing		Nonperforming		Total
Residential real estate loans	$	145,530	$	2,521	$	148,051
Construction		15,881		-		15,881
Consumer loans		14,244		-		14,244
Total	$	175,655	$	2,521	$	178,176

December 31, 2011		Performing		Nonperforming		Total
Residential real estate loans	$	145,061	$	3,087	$	148,148
Construction		11,087		-		11,087
Consumer loans		13,934		-		13,934
Total	$	170,082	$	3,087	$	173,169

Loan Portfolio Summarized by the Past Due Status [Table Text Block]

		Current		31-60 Days Past Due		61-90 Days Past Due		Greater than 90 Days Past Due and still accruing		Non-Accrual		Total Past Due and Non-Accrual		Total Loans
June 30, 2012
Real Estate loans
Residential	$	145,026	$	435	$	69	$	-	$	2,521	$	3,025	$	148,051
Commercial		268,298		986		-		2		5,972		6,960		275,258
Construction		15,816		65		-		-		-		65		15,881
Commercial loans		26,131		2		-		-		385		387		26,518
Consumer loans		14,144		87		12		1		-		100		14,244
Total	$	469,415	$	1,575	$	81	$	3	$	8,878	$	10,537	$	479,952

		Current		31-60 Days Past Due		61-90 Days Past Due		Greater than 90 Days Past Due and still accruing		Non-Accrual		Total Past Due and Non-Accrual		Total Loans
December 31, 2011
Real Estate loans
Residential	$	143,550	$	160	$	1,351	$	-	$	3,087	$	4,598	$	148,148
Commercial		255,613		1,015		1,524		-		4,324		6,863		262,476
Construction		10,532		-		555		-		-		555		11,087
Commercial loans		22,086		194		-		-		404		598		22,684
Consumer loans		13,835		89		10		-		-		99		13,934
Total	$	445,616	$	1,458	$	3,440	$	-	$	7,815	$	12,713	$	458,329