Loans Receivable (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

Categories of loans at December 31, include:

	December 31,
	2013		2012
Real estate loans
Residential	$	191,007	$	128,815
Commercial		142,429		84,918
Total real estate loans		333,436		213,733
Commercial loans		55,168		14,271
Consumer loans		107,562		126,486
Total loans		496,166		354,490
Deferred loan origination costs and premiums and discounts on purchased loans		4,987		3,671
Allowance for loan losses		(5,426)		(5,833)
Total net loans	$	495,727	$	352,328

Allowance for Credit Losses on Financing Receivables [Table Text Block]

The following tables present the balance in the allowance for loan losses and the recorded investment in loans based on portfolio segment and impairment method as of December 31, 2013 and 2012:

	2013
	Residential		Commercial
	Real Estate		Real Estate		Commercial		Consumer		Total
Allowance for loan losses:
Balance, beginning of year	$	1,149	$	3,107	$	371	$	1,206	$	5,833
Provision charged to expense		136		(352)		378		162		324
Losses charged off		(164)		(238)		—		(810)		(1,212)
Recoveries		98		—		70		313		481
Balance, end of year	$	1,219	$	2,517	$	819	$	871	$	5,426
Ending balance: individually evaluated for impairment	$	116	$	98	$	—	$	28	$	242
Ending balance: collectively evaluated for impairment	$	1,103	$	2,419	$	819	$	843	$	5,184

Loans:
Ending balance	$	191,007	$	142,429	$	55,168	$	107,562	$	496,166
Ending balance: individually evaluated for impairment	$	1,684	$	1,054	$	—	$	339	$	3,077
Ending balance: collectively evaluated for impairment	$	189,323	$	141,375	$	55,168	$	107,223	$	493,089

	2012
	Residential		Commercial
	Real Estate		Real Estate		Commercial		Consumer		Total
Allowance for loan losses:
Balance, beginning of year	$	1,099	$	2,485	$	333	$	1,739	$	5,656
Provision charged to expense		411		2,086		(37)		392		2,852
Losses charged off		(509)		(1,464)		—		(1,438)		(3,411)
Recoveries		148		—		75		513		736
Balance, end of year	$	1,149	$	3,107	$	371	$	1,206	$	5,833
Ending balance: individually evaluated for impairment	$	206	$	682	$	—	$	54	$	942
Ending balance: collectively evaluated for impairment	$	943	$	2,425	$	371	$	1,152	$	4,891

Loans:
Ending balance	$	128,815	$	84,918	$	14,271	$	126,486	$	354,490
Ending balance: individually evaluated for impairment	$	2,482	$	2,467	$	—	$	474	$	5,423
Ending balance: collectively evaluated for impairment	$	126,333	$	82,451	$	14,271	$	126,012	$	349,067

Financing Receivable Credit Quality Indicators [Table Text Block]

The following tables present the credit risk profile of the Company’s loan portfolio based on rating category and payment activity as of December 31, 2013 and 2012:

	2013
	Commercial
	Real Estate		Commercial
Rating:
1-5 Pass	$	139,052	$	54,035
6 Special Mention		2,323		1,133
7 Substandard		1,054		—
8 Doubtful		—		—
Total	$	142,429	$	55,168

	2013
	Residential
	Real Estate		Consumer
Performing	$	190,377	$	107,412
Nonaccrual		630		150
Total	$	191,007	$	107,562

	2012
	Commercial
	Real Estate		Commercial
Rating:
1-5 Pass	$	80,830	$	13,860
6 Special Mention		1,621		411
7 Substandard		2,467		—
8 Doubtful		—		—
Total	$	84,918	$	14,271

	2012
	Residential
	Real Estate		Consumer
Performing	$	127,426	$	126,331
Nonaccrual		1,389		155
Total	$	128,815	$	126,486

Past Due Financing Receivables [Table Text Block]

The following tables present the Company’s loan portfolio aging analysis as of December 31, 2013 and 2012:

	2013
															Total Loans
															90 Days or
	30-59		60-89		90 Days						Total				More Past
	Days		Days		or More		Total				Loans		Nonaccrual		Due
	Past Due		Past Due		Past Due		Past Due		Current		Receivable		Loans		and Accruing
Residential real estate	$	122	$	—	$	603	$	725	$	190,282	$	191,007	$	630	$	—
Commercial real estate		—		—		955		955		141,474		142,429		1,054		—
Commercial		—		—		—		—		55,168		55,168		—		—
Consumer		484		45		84		613		106,949		107,562		150		18
Total	$	606	$	45	$	1,642	$	2,293	$	493,873	$	496,166	$	1,834	$	18

	2012
															Total Loans
															90 Days or
	30-59		60-89		90 Days						Total				More Past
	Days		Days		or More		Total				Loans		Nonaccrual		Due
	Past Due		Past Due		Past Due		Past Due		Current		Receivable		Loans		and Accruing
Residential real estate	$	130	$	5	$	1,555	$	1,690	$	127,125	$	128,815	$	1,389	$	450
Commercial real estate		—		—		2,362		2,362		82,556		84,918		2,362		—
Commercial		—		—		—		—		14,271		14,271		—		—
Consumer		1,025		148		122		1,295		125,191		126,486		155		21
Total	$	1,155	$	153	$	4,039	$	5,347	$	349,143	$	354,490	$	3,906	$	471

Impaired Financing Receivables [Table Text Block]

The following tables present the Company’s impaired loans as of December 31, 2013 and 2012:

	2013
			Unpaid
	Recorded		Principal		Specific		Average		Interest
	Balance		Balance		Allowance		Balance		Income
Loans without a specific valuation allowance
Residential real estate loans	$	1,551	$	1,842	$	—	$	1,894	$	29
Commercial real estate loans		956		2,310		—		239		—
Commercial loans		—		—		—		—		—
Consumer loans		271		326		—		315		28
Total	$	2,778	$	4,478	$	—	$	2,448	$	57
Loans with a specific valuation allowance
Residential real estate loans	$	133	$	141	$	116	$	66	$	3
Commercial real estate loans		98		98		98		1,617		5
Commercial loans		—		—		—		—		—
Consumer loans		68		80		28		78		2
Total	$	299	$	319	$	242	$	1,761	$	10
Total impaired loans
Residential real estate loans	$	1,684	$	1,983	$	116	$	1,960	$	32
Commercial real estate loans		1,054		2,408		98		1,856		5
Commercial loans		—		—		—		—		—
Consumer loans		339		406		28		393		30
Total	$	3,077	$	4,797	$	242	$	4,209	$	67

	2012
			Unpaid
	Recorded		Principal		Specific		Average		Interest
	Balance		Balance		Allowance		Balance		Income
Loans without a specific valuation allowance
Residential real estate loans	$	2,047	$	2,357	$	—	$	1,685	$	29
Commercial real estate loans		—		—		—		275		—
Commercial loans		—		—		—		—		—
Consumer loans		380		577		—		385		—
Total	$	2,427	$	2,934	$	—	$	2,345	$	29
Loans with a specific valuation allowance
Residential real estate loans	$	435	$	442	$	206	$	514	$	—
Commercial real estate loans		2,467		2,925		682		6,089		6
Commercial loans		—		—		—		—		—
Consumer loans		94		206		54		93		—
Total	$	2,996	$	3,573	$	942	$	6,696	$	6
Total impaired loans
Residential real estate loans	$	2,482	$	2,799	$	206	$	2,199	$	29
Commercial real estate loans		2,467		2,925		682		6,364		6
Commercial loans		—		—		—		—		—
Consumer loans		474		783		54		478		—
Total	$	5,423	$	6,507	$	942	$	9,041	$	35

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

Loans classified as a TDR during the years ended December 31, 2013 and 2012 are shown in the tables below. These modifications consisted primarily of interest rate and maturity date concessions.

	2013
	Modifications
		Recorded		Recorded
	Number of	Balance		Balance
	Contracts	Before		After
Residential real estate	—	$	—	$	—
Commercial real estate	—		—		—
Commercial	—		—		—
Consumer	4		25		25
Total	4	$	25	$	25

	2012
	Modifications
		Recorded		Recorded
	Number of	Balance		Balance
	Contracts	Before		After
Residential real estate	1	$	29	$	29
Commercial real estate	—		—		—
Commercial	—		—		—
Consumer	8		140		122
Total	9	$	169	$	151

There were zero TDR loans which had payment defaults during the year ended December 31, 2013. TDR loans which had payment defaults during the year ended December 31, 2012 are shown in the table below. Default occurs when a loan is 90 days or more past due or transferred to nonaccrual within 12 months of restructuring.

	2012
	Number
	of	Recorded
	Defaults	Balance
Residential real estate	1	$	29
Commercial real estate	—		—
Commercial	—		—
Consumer	1		20
Total	2	$	49

Schedule of Financing Receivables, Troubled Debt Restructuring, Non Accrual Status [Table Text Block]

The following tables summarize loan modifications that occurred during the years ended December 31, 2013 and 2012:

	2013
	Payment Extension			Principal Reduction			Rate Reduction
	Number	Amount		Number	Amount		Number	Amount
Residential real estate	—	$	—	—	$	—	—	$	—
Commercial real estate	—		—	—		—	—		—
Commercial	—		—	—		—	—		—
Consumer	2		2	—		—	2		23
Total	2	$	2	—	$	—	2	$	23

	2012
	Payment Extension			Principal Reduction			Rate Reduction
	Number	Amount		Number	Amount		Number	Amount
Residential real estate	1	$	29	—	$	—	—	$	—
Commercial real estate	—		—	—		—	—		—
Commercial	—		—	—		—	—		—
Consumer	3		16	2		28	3		78
Total	4	$	45	2	$	28	3	$	78