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Note 2 - Fair Value of Financial Instruments (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2012
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block] |
|  | Fair Value Measurements at September 30, 2012, Using |
|  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |
Assets: |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  |  | ---- |  |  |  | ---- |  |  |  | ---- |
U.S. Government sponsored entity securities |  |  | ---- |  |  | $ | 1,016 |  |  |  | ---- |
Agency mortgage-backed securities, residential |  |  | ---- |  |  |  | 102,473 |  |  |  | ---- |
|  | Fair Value Measurements at December 31, 2011, Using |
|  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |
Assets: |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  |  | ---- |  |  | $ | 5,513 |  |  |  | ---- |
U.S. Government sponsored entity securities |  |  | ---- |  |  |  | 2,559 |  |  |  | ---- |
Agency mortgage-backed securities, residential |  |  | ---- |  |  |  | 77,598 |  |  |  | ---- |
|  | Fair Value Measurements at September 30, 2012, Using |
|  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |
Assets: |  |  |  |  |  |  |  |  |
Impaired Loans: |  |  |  |  |  |  |  |  |
Commercial real estate: |  |  |  |  |  |  |  |  |
Nonowner-occupied |  |  | ---- |  |  |  | ---- |  |  | $ | 2,380 |
Construction |  |  | ---- |  |  |  | ---- |  |  |  | 395 |
|  | Fair Value Measurements at December 31, 2011, Using |
Assets: |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |
Impaired Loans: |  |  |  |  |  |  |  |  |
Commercial real estate: |  |  |  |  |  |  |  |  |
Owner-occupied |  |  | ---- |  |  |  | ---- |  |  | $ | 290 |
Nonowner-occupied |  |  | ---- |  |  |  | ---- |  |  |  | 1,959 |
Construction |  |  | ---- |  |  |  | ---- |  |  |  | 587 |
Other real estate owned: |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |
Construction |  |  | ---- |  |  |  | ---- |  |  |  | 1,814 |
Commercial and industrial |  |  | ---- |  |  |  | ---- |  |  |  | 1,134 |
Fair Value Inputs, Assets, Quantitative Information [Table Text Block] |
|  | Fair Value |  | Valuation Technique(s) |  | Unobservable Input(s) |  | Range |  | (Weighted Average) |
Impaired Loans: |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |
Nonowner-occupied |  | $ | 2,380 |  | Income approach |  | Capitalization rate |  | 10% | - | 20% |  |  | 15 | %
Construction |  |  | 395 |  | Income approach |  | Capitalization rate |  |  | 10% |  |  |  | 10 | %
Fair Value, by Balance Sheet Grouping [Table Text Block] |
|  |  |  |  | Fair Value Measurements at September 30, 2012 Using: |
|  | Carrying Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Financial Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 61,847 |  |  | $ | 61,847 |  |  | $ | ---- |  |  | $ | ---- |  |  | $ | 61,847 |
Securities available for sale |  |  | 103,489 |  |  |  | ---- |  |  |  | 103,489 |  |  |  | ---- |  |  |  | 103,489 |
Securities held to maturity |  |  | 23,678 |  |  |  | ---- |  |  |  | 11,597 |  |  |  | 12,714 |  |  |  | 24,311 |
Federal Home Loan Bank stock |  |  | 6,281 |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |
Loans, net |  |  | 554,350 |  |  |  | ---- |  |  |  | ---- |  |  |  | 577,280 |  |  |  | 577,280 |
Accrued interest receivable |  |  | 2,396 |  |  |  | ---- |  |  |  | 532 |  |  |  | 1,864 |  |  |  | 2,396 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  |  | 676,699 |  |  |  | 138,164 |  |  |  | 540,482 |  |  |  | ---- |  |  |  | 678,646 |
Other borrowed funds |  |  | 20,098 |  |  |  | ---- |  |  |  | 20,558 |  |  |  | ---- |  |  |  | 20,558 |
Subordinated debentures |  |  | 13,500 |  |  |  | ---- |  |  |  | 10,225 |  |  |  | ---- |  |  |  | 10,225 |
Accrued interest payable |  |  | 1,358 |  |  |  | ---- |  |  |  | 1,358 |  |  |  | ---- |  |  |  | 1,358 |
Prior Year [Member] |
Fair Value, by Balance Sheet Grouping [Table Text Block] |
|  | December 31, 2011 |
|  | Carrying Value |  |  | Fair Value |
Financial Assets: |  |  |  |  |  |
Cash and cash equivalents |  | $ | 51,630 |  |  | $ | 51,630 |
Securities available for sale |  |  | 85,670 |  |  |  | 85,670 |
Securities held to maturity |  |  | 22,848 |  |  |  | 22,847 |
Federal Home Loan Bank stock |  |  | 6,281 |  |  |  | N/A |
Loans |  |  | 590,964 |  |  |  | 599,782 |
Accrued interest receivable |  |  | 2,872 |  |  |  | 2,872 |
Financial liabilities: |  |  |  |  |  |  |  |
Deposits |  |  | 687,886 |  |  |  | 690,607 |
Other borrowed funds |  |  | 20,296 |  |  |  | 20,565 |
Subordinated debentures |  |  | 13,500 |  |  |  | 11,085 |
Accrued interest payable |  |  | 1,894 |  |  |  | 1,894 |

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- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring and/or nonrecurring 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 Statement of Financial Accounting Standard (FAS) -Number 157 -Paragraph 6 -Footnote 4 -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 157 -Paragraph 32 -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 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19190-110258 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a),(b) -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258 + 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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