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6. Fair Value (Tables) | 9 Months Ended
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Sep. 30, 2015
Fair Value Disclosures [Abstract] |
Available for sale securities measured at fair value on a recurring basis |
(Dollars in thousands) |  |  |  |  |  |  |
| September 30, 2015
| Fair Value Measurements |  | Level 1 Valuation |  | Level 2 Valuation |  | Level 3 Valuation
Mortgage-backed securities | $ | 77,466 |  | - |  | 77,466 |  | -
U.S. Government |  |  |  |  |  |  |  |
sponsored enterprises | $ | 39,169 |  | - |  | 39,169 |  | -
State and political subdivisions | $ | 148,322 |  | - |  | 148,322 |  | -
Corporate bonds | $ | 1,940 |  | - |  | 1,940 |  | -
Trust preferred securities | $ | 750 |  | - |  | - |  | 750
Equity securities | $ | 1,174 |  | 1,174 |  | - |  | -
(Dollars in thousands) |  |  |  |  |  |  |
| December 31, 2014
| Fair Value Measurements |  | Level 1 Valuation |  | Level 2 Valuation |  | Level 3 Valuation
Mortgage-backed securities | $ | 90,210 |  | - |  | 90,210 |  | -
U.S. Government |  |  |  |  |  |  |  |
sponsored enterprises | $ | 34,048 |  | - |  | 34,048 |  | -
State and political subdivisions | $ | 152,246 |  | - |  | 152,246 |  | -
Corporate bonds | $ | 2,467 |  | - |  | 2,467 |  | -
Trust preferred securities | $ | 750 |  | - |  | - |  | 750
Equity securities | $ | 1,378 |  | 1,378 |  | - |  | -
Fair value measurements of investment securities available for sale using Level 3 significant unobservable inputs |
(Dollars in thousands) |
| Investment Securities Available for Sale
| Level 3 Valuation
Balance, beginning of period | $ | 750
Change in book value |  | -
Change in gain/(loss) realized and unrealized |  | -
Purchases/(sales and calls) |  | -
Transfers in and/or (out) of Level 3 |  | -
Balance, end of period | $ | 750
Change in unrealized gain/(loss) for assets still held in Level 3 | $ | -
Fair value measurements for impaired loans and other real estate on a non-recurring basis |
(Dollars in thousands) |  |  |  |  |  |  |
| Fair Value Measurements September 30, 2015 |  | Level 1 Valuation |  | Level 2 Valuation |  | Level 3 Valuation
Impaired loans | $ | 31,967 |  | - |  | - |  | 31,967
Other real estate | $ | 2,349 |  | - |  | - |  | 2,349
(Dollars in thousands) |  |  |  |  |  |  |  |
| Fair Value Measurements December 31, 2014 |  | Level 1 Valuation |  | Level 2 Valuation |  | Level 3 Valuation
Impaired loans | $ | 34,633 |  | - |  | - |  | 34,633
Other real estate | $ | 2,016 |  | - |  | - |  | 2,016
Carrying amount and estimated fair value of the Company's financial instruments |
(Dollars in thousands) |  |  |  |  |  |
|  |  | Fair Value Measurements at September 30, 2015
| Carrying Amount |  | Level 1 | Level 2 | Level 3 | Total
Assets: |  |  |  |  |  |
Cash and cash equivalents | $ | 44,625 |  | 44,625 | - | - | 44,625
Investment securities available for sale | $ | 268,821 |  | 1,174 | 266,897 | 750 | 268,821
Other investments | $ | 3,912 |  | - | - | 3,912 | 3,912
Mortgage loans held for sale | $ | 1,679 |  | - | - | 1,679 | 1,679
Loans, net | $ | 674,380 |  | - | - | 678,436 | 678,436
Cash surrender value of life insurance | $ | 14,440 |  | - | 14,440 | - | 14,440
Liabilities: |  |  |  |  |  |  |
Deposits | $ | 806,561 |  | - | - | 804,236 | 804,236
Securities sold under agreements |  |  |  |  |  |  |
to repurchase | $ | 47,240 |  | - | 47,240 | - | 47,240
FHLB borrowings | $ | 50,000 |  | - | 49,572 | - | 49,572
Junior subordinated debentures | $ | 20,619 |  | - | 20,619 | - | 20,619
(Dollars in thousands) |  |  |  |  |  |  |
|  |  |  | Fair Value Measurements at December 31, 2014
| Carrying Amount |  | Level 1 | Level 2 | Level 3 | Total
Assets: |  |  |  |  |  |  |
Cash and cash equivalents | $ | 69,098 |  | 69,098 | - | - | 69,098
Investment securities available for sale | $ | 281,099 |  | 1,378 | 278,971 | 750 | 281,099
Other investments | $ | 4,031 |  | - | - | 4,031 | 4,031
Mortgage loans held for sale | $ | 1,375 |  | - | - | 1,375 | 1,375
Loans, net | $ | 640,809 |  | - | - | 644,708 | 644,708
Cash surrender value of life insurance | $ | 14,125 |  | - | 14,125 | - | 14,125
Liabilities: |  |  |  |  |  |  |
Deposits | $ | 814,700 |  | - | - | 813,288 | 813,288
Securities sold under agreements |  |  |  |  |  |  |
to repurchase | $ | 48,430 |  | - | 48,430 | - | 48,430
FHLB borrowings | $ | 50,000 |  | - | 49,598 | - | 49,598
Junior subordinated debentures | $ | 20,619 |  | - | 20,619 | - | 20,619

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