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Fair Value Measurements (Tables) | 6 Months Ended
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Jun. 30, 2012
Fair Value Measurements [Abstract] |
Financial Assets And Liabilities Measured At Fair Value On A Recurring Basis |
|  |  | Fair Value Measurements at June 30, 2012 Using
| Balance as of June 30, 2012 | Quoted Prices in Active Markets for Identical Assets (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3)
| (in thousands)
Assets: |  |  |  |  |  |  |  |
Securities available for sale |  |  |  |  |  |  |  |
Obligations of U.S. government corporations and agencies | $ | 16,700 | $ | - | $ | 16,700 | $ | -
Mortgage-backed securities |  | 28,801 |  | - |  | 28,801 |  | -
Obligations of states and political subdivisions |  | 43,668 |  | - |  | 43,668 |  | -
Corporate securities |  | 12,903 |  | - |  | 12,903 |  | -
Equity securities: |  |  |  |  |  |  |  |
Bank preferred stock |  | 2,268 |  | 2,268 |  | - |  | -
Total assets at fair value | $ | 104,340 | $ | 2,268 | $ | 102,072 | $ | -
Liabilities: |  |  |  |  |  |  |  |
Interest rate swap |  | 633 |  | - |  | 633 |  | -
Total liabilities at fair value | $ | 633 | $ | - | $ | 633 | $ | -
|  |  | Fair Value Measurements at December 31, 2011 Using
| Balance as of December 31, 2011 | Quoted Prices in Active Markets for Identical Assets (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3)
| (in thousands)
Assets: |  |  |  |  |  |  |  |
Securities available for sale |  |  |  |  |  |  |  |
Obligations of U.S. government corporations and agencies | $ | 18,533 | $ | - | $ | 18,533 | $ | -
Mortgage-backed securities |  | 34,546 |  | - |  | 34,546 |  | -
Obligations of states and political subdivisions |  | 45,766 |  | - |  | 45,766 |  | -
Corporate securities |  | 13,043 |  |  |  | 13,043 |  |
Equity securities: |  |  |  |  |  |  |  |
Bank preferred stock |  | 2,246 |  | 2,246 |  | - |  | -
Total assets at fair value | $ | 114,134 | $ | 2,246 | $ | 111,888 | $ | -
Liabilities: |  |  |  |  |  |  |  |
Interest rate swap |  | 580 |  | - |  | 580 |  | -
Total liabilities at fair value | $ | 580 | $ | - | $ | 580 | $ | -
Quantitative Information About Level 3 Fair Value Measurements For Certain Financial Assets |
| Quantitative information about Level 3 Fair Value Measurements for June 30, 2012
| Valuation Technique(s) | Unobservable Input | Range
Assets: |  |  |
Impaired loans | Discounted appraised value | Selling cost | 6% - 12%
Other real estate owned | Discounted appraised value | Selling cost | 6% - 12%
Financial And Nonfinancial Assets Measured At Fair Value On A Nonrecurring Basis |
|  |  | Carrying value at June 30, 2012
| Balance as of June 30, 2012 | Identical Assets (Level 1) | Observable Inputs (Level 2) | Unobservable Inputs (Level 3)
| (in thousands)
Financial Assets: |  |  |  |  |  |  |  |
Impaired loans | $ | 5,259 | $ | - | $ | 3,817 | $ | 1,442
Nonfinancial Assets: |  |  |  |  |  |  |  |
Other real estate owned |  | 2,172 |  | - |  | 1,536 |  | 636
|  |  | Carrying value at December 31, 2011
| Balance as of December 31, 2011 | Quoted Prices in Active Markets for Identical Assets (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3)
| (in thousands)
Financial Assets: |  |  |  |  |  |  |  |
Impaired loans | $ | 6,804 | $ | - | $ | 3,379 | $ | 3,425
Nonfinancial Assets: |  |  |  |  |  |  |  |
Other real estate owned |  | 2,378 |  | - |  | 1,742 |  | 636
Level 3 Financial Assets Measured At Estimated Fair Value On Nonrecurring Basis |
| Fair Value Measurements at June 30, 2012
| Impaired Loans | Other Real Estate Owned
| (in thousands)
Balance - January 1, 2012 | $ | 3,425 |  | $ | 636
Sales proceeds |  | - |  |  | -
Valuation allowance |  | - |  |  | -
(Loss) on disposition |  | - |  |  | -
Transfers into Level 3 |  | 484 |  |  | -
Transfers out of Level 3 |  | (2,467 | ) |  | -
Total assets at fair value | $ | 1,442 |  | $ | 636
Company's Financial Instruments |
Fair Value Measurements at June 30, 2012 Using
| Carrying Value as of June 30, 2012 | Quoted Prices in Active Markets for Identical Assets | Significant Other Observable Inputs | Significant Unobservable Inputs | Fair Value as of June 30, 2012
| (Level 1) | (Level 2) | (Level 3)
|  |  |  |  | (in thousands) |  |  |  |
Financial Assets: |  |  |  |  |  |  |  |  |  |
Cash and short-term investments | $ | 12,996 | $ | 12,996 | $ | - | $ | - | $ | 12,996
Securities |  | 104,340 |  | 2,268 |  | 102,072 |  | - |  | 104,340
Restricted Investments |  | 2,943 |  | - |  | 2,943 |  | - |  | 2,943
Loans, net |  | 419,877 |  | - |  | 430,989 |  | 1,442 |  | 432,431
Accrued interest receivable |  | 1,949 |  | - |  | 1,949 |  | - |  | 1,949
Financial Liabilities: |  |  |  |  |  |  |  |  |  |
Deposits | $ | 454,117 | $ | - | $ | 455,389 | $ | - | $ | 455,389
Federal funds purchased and securities |  |  |  |  |  |  |  |  |  |
sold under agreements to repurchase |  | 10,000 |  | - |  | 10,199 |  | - |  | 10,199
Federal Home Loan Bank advances |  | 32,250 |  | - |  | 33,343 |  | - |  | 33,343
Trust preferred capital notes |  | 7,217 |  | - |  | 7,217 |  | - |  | 7,217
Accrued interest payable |  | 288 |  | - |  | 288 |  | - |  | 288
Interest rate swap contract |  | 633 |  | - |  | 633 |  | - |  | 633
|  |  | December 31, 2011 (in thousands) |  |
| Carrying Value as of December 31, 2011 | Fair Value as of December 31, 2011
Financial assets: |  |  |  |  |
Cash and short-term investments | $ | 21,941 |  | $ | 21,941
Securities |  | 114,134 |  |  | 114,134
Restricted Investments |  | 3,520 |  |  | 3,520
Loans, net |  | 401,681 |  |  | 418,230
Accrued interest receivable |  | 2,037 |  |  | 2,037
Financial liabilities: |  |  |  |  |
Deposits | $ | 448,465 |  | $ | 449,990
Federal funds purchased and securities |  |  |  |  |
sold under agreements to repurchase |  | 10,000 |  |  | 10,350
Federal Home Loan Bank advances |  | 42,250 |  |  | 44,833
Trust preferred capital notes |  | 7,217 |  |  | 7,217
Accrued interest payable |  | 336 |  |  | 336
Interest rate swap contract |  | 580 |  |  | 580

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- Definition Level Three Financial Assets Measured At Estimated Fair Value On Nonrecurring Basis + References No definition available. + Details
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- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 157 -Paragraph 33 -Subparagraph a, b -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 Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19296-110258 + Details
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- Definition Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, assets, and liabilities. Such certain disclosures about the financial instruments, assets, and liabilities include: (1) the fair value of the required items together with their carrying amounts (as appropriate) and (2) the methodology and assumptions used in developing such estimates of fair value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 107 -Paragraph 14 -Subparagraph a -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 159 -Paragraph 18 -Subparagraph c(2), d, e, f -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 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13433-108611 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 107 -Paragraph 15 -Subparagraph b-d -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 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13467-108611 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 159 -Paragraph 19 -Subparagraph a, b, c(1), d(1) -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 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6447952&loc=d3e13220-108610 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 157 -Paragraph 32 -Subparagraph a, c(1), c(2), c(3), d -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 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 107 -Paragraph 10 -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 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13476-108611 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612 + Details
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- Definition Tabular disclosure of quantitative information about the inputs used in the fair value measurement of assets. This disclosure may include, but is not limited to, the fair value of the asset, valuation technique used to measure fair value, the inputs used to measure fair value, the ranges of the inputs, and the weighted averages of the inputs. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, 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 Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19190-110258 + Details
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