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Note 11 - Fair Value and Interest Rate Risk (Tables)
6 Months Ended
Jun. 30, 2014
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring Basis [Table Text Block]

(in thousands)

                               
   

Quoted Prices in

   

Significant

   

Significant

         
   

Active Markets

   

Observable

   

Unobservable

   

Balance

 
   

for Identical Assets

   

Inputs

   

Inputs

   

as of

 

June 30, 2014

 

(Level 1)

   

(Level 2)

   

(Level 3)

   

June 30, 2014

 
                                 

U.S. Government agency mortgage-backed securities

  $ -     $ 19,498     $ -     $ 19,498  

U.S. Government agency bonds

    -       7,344       -       7,344  

Corporate bonds

    -       8,844       -       8,844  
                                 

Securities available for sale

  $ -     $ 35,686     $ -     $ 35,686  
   

Quoted Prices in

   

Significant

   

Significant

         
   

Active Markets

   

Observable

   

Unobservable

   

Balance

 
   

for Identical Assets

   

Inputs

   

Inputs

   

as of

 

December 31, 2013

 

(Level 1)

   

(Level 2)

   

(Level 3)

   

December 31, 2013

 

U.S. Government agency mortgage-backed securities

  $ -     $ 21,752     $ -     $ 21,752  

U.S. Government agency bonds

    -       7,079       -       7,079  

Corporate bonds

    -       8,870       -       8,870  
              -       -          

Securities available for sale

  $ -     $ 37,701     $ -     $ 37,701  
Fair Value Assets Measured on Non-Recurring Basis [Table Text Block]
   

Quoted Prices in

   

Significant

   

Significant

         

(in thousands)

 

Active Markets

   

Observable

   

Unobservable

         
   

for Identical Assets

   

Inputs

   

Inputs

   

Balance

 
   

(Level 1)

   

(Level 2)

   

(Level 3)

         

June 30, 2014

                               
                                 

Non-accrual loans

  $ -     $ -     $ 11,849     $ 11,849  
                                 

December 31, 2013

                               
                                 

Non-accrual loans

  $ -     $ -     $ 11,283     $ 11,283  
Carrying Amounts and Estimated Fair Values of Financial Instruments [Table Text Block]
     

June 30, 2014

   

December 31, 2013

 

(in thousands)

Fair Value

 

Carrying

   

Estimated

   

Carrying

   

Estimated

 
  Hierarchy  

Amount

   

Fair Value

   

Amount

   

Fair Value

 

Financial Assets:

                                 

Cash and noninterest bearing balances due from banks

Level 1

  $ 1,584     $ 1,584     $ 1,570     $ 1,570  

Interest-bearing deposits due from banks

Level 1

    58,345       58,345       33,295       33,295  

Other investments

Level 2

    4,450       4,450       4,450       4,450  

Federal Reserve Bank stock

Level 1

    1,517       1,517       1,444       1,444  

Federal Home Loan Bank stock

Level 1

    4,143       4,143       4,143       4,143  

Loans receivable, net

Level 3

    402,786       407,430       418,148       424,831  

Accrued interest receivable

Level 1

    1,555       1,555       1,566       1,566  
                                   

Financial Liabilities:

                                 

Demand deposits

Level 1

  $ 61,685     $ 61,685     $ 55,358     $ 55,358  

Savings deposits

Level 1

    85,218       85,218       80,983       80,983  

Money market deposits

Level 1

    26,873       26,873       29,310       29,310  

NOW accounts

Level 1

    30,133       30,133       28,618       28,618  

Time deposits

Level 2

    222,523       223,029       235,935       236,602  

FHLB Borrowings

Level 2

    72,000       72,000       57,000       57,000  

Subordinated debentures

Level 2

    8,248       8,248       8,248       8,248  

Accrued interest payable

Level 1

    15       15       1,388       1,388