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Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2013

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The following tables present the fair value measurements of securities available for sale recognized in the accompanying condensed consolidated balance sheets measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall at March 31, 2013 and December 31, 2012:

						March 31, 2013 Fair Value Measurements Using
		Fair Value				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
U.S. government-sponsored enterprises		$	50,385			$	—			$	50,385			$	—
Municipals			39,856				—				39,856				—
Mortgage-backed and asset-backed securities - government-sponsored enterprises			49,398				—				49,398				—
Mortgage-backed and asset-backed securities - private labeled			2,199				—				2,199				—
Other securities			22,437				1,542				19,727				1,168
		$	164,275			$	1,542			$	161,565			$	1,168

						December 31, 2012 Fair Value Measurements Using
		Fair Value				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
U.S. government-sponsored enterprises		$	19,618			$	—			$	19,618			$	—
Municipals			42,540				—				42,540				—
Mortgage-backed and asset-backed securities - government-sponsored enterprises			77,489				—				77,489				—
Mortgage-backed and asset-backed securities - private labeled			2,453				—				2,453				—
Other securities			14,593				1,553				12,200				840
		$	156,693			$	1,553			$	154,300			$	840

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

The following is a reconciliation of the beginning and ending balances of recurring fair value measurements recognized in the accompanying condensed consolidated balance sheets using significant unobservable (Level 3) inputs:

		Securities Available for Sale
Balance, January 1, 2012		$	470
Total realized and unrealized gains and losses
Included in net income			—
Included in other comprehensive loss			55
Balance, March 31, 2012		$	525
Balance, January 1, 2013		$	840
Total realized and unrealized gains and losses
Included in net income			—
Included in other comprehensive loss			328
Balance, March 31, 2013		$	1,168

Fair Value Measurements, Nonrecurring [Table Text Block]

The following tables present the fair value measurements of impaired loans recognized in the accompanying condensed consolidated balance sheets measured at fair value on a nonrecurring basis and the level within the fair value hierarchy in which the fair value measurements fell at March 31, 2013 and December 31, 2012:

						March 31, 2013
						Fair Value Measurements Using
		Fair Value				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
Impaired loans		$	89			$	—			$	—			$	89

						December 31, 2012
						Fair Value Measurements Using
		Fair Value				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
Impaired loans		$	1,481			$	—			$	—			$	1,481

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

The following tables present quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements other than goodwill.

Fair Value at March 31, 2013

Valuation Technique

Unobservable Inputs

Range

Other securities

$

1,168

Discounted cash flow

Discount margin Cumulative default % Loss given default % Cumulative prepayment %

6.5% - 14% 2.7% - 100% 85% - 100% 0% - 100%

Collateral dependent impaired loans

$

89

Market comparable properties

Marketability discount

35%

Fair Value at December 31, 2012

Valuation Technique

Unobservable Inputs

Range

Other securities

$

840

Discounted cash flow

Discount margin Cumulative default % Loss given default % Cumulative prepayment %

7% - 14.25% 2.2% - 100% 85% – 100% 0% - 100%

Collateral dependent impaired loans

$

1,481

Market comparable properties

Marketability discount

12%

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

The following schedule includes the carrying value and estimated fair value of all financial assets and liabilities at March 31, 2013 and December 31, 2012:

		March 31, 2013 Fair Value Measurements Using
		Carrying Amount				Quoted Prices In Active Market for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
Cash and cash equivalents		$	34,406			$	34,406			$	—			$	—
Interest bearing time deposits			1,500				1,500				—				—
Loans held for sale			61,596				—				61,596				—
Loans receivable - net			352,616				—				—				353,563
Accrued interest receivable			2,137				2,137				—				—
FHLB stock			2,943				2,943				—				—
Deposits			546,667				315,007				—				237,656
FHLB advances			25,713				—				27,860				—
Accrued interest payable			91				91				—				—

		December 31, 2012 Fair Value Measurements Using
		Carrying Amount				Quoted Prices In Active Market for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
Cash and cash equivalents		$	32,513			$	32,513			$	—			$	—
Loans held for sale			63,234				—				63,234				—
Loans receivable - net			352,328				—				—				351,194
Accrued interest receivable			2,196				2,196				—				—
FHLB stock			2,943				2,943				—				—
Deposits			530,691				300,818				—				236,375
FHLB advances			40,686				—				42,986				—
Accrued interest payable			120				120				—				—

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- Definition

Tabular disclosure of the inputs and valuation techniques used to measure fair value, and a discussion of changes in valuation techniques and related inputs, if any, applied during the period to each separate class of assets, liabilities, and financial instruments classified in shareholders' equity that are measured on a recurring and/or nonrecurring basis.

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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).

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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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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.

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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).

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