XML 68 R53.htm IDEA: XBRL DOCUMENT v2.4.0.6

Disclosures About Fair Value of Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2012

Disclosures About Fair Value Of Assets and Liabilities [Abstract]

Fair value measurements of securities measured at fair value on a recurring basis

($ in thousands) Available-for-Sale Securities:		Fair Values at 12/31/2012				(Level 1)				(Level 2)				(Level 3)
U.S. Treasury and Government Agencies		$	14,511			$	-			$	14,511			$	-
Mortgage-backed securities			63,764				-				63,764				-
State and political subdivisions			18,249				-				18,249				-
Money Market Mutual Fund			2,155				2,155				-				-
Equity securities			23				-				23				-
Interest rate contracts			254				-				254				-

($ in thousands) Available-for-Sale Securities:		Fair Values at 12/31/2011				(Level 1)				(Level 2)				(Level 3)
U.S. Treasury and Government Agencies		$	25,424			$	-			$	25,424			$	-
Mortgage-backed securities			67,699				-				67,699				-
State and political subdivisions			16,792				-				16,792				-
Money Market Mutual Fund			2,040				2,040				-				-
Equity securities			23				-				23				-

Summary of fair value measurements of assets measured at fair value on a non-recurring basis

($ in thousands) Description		Fair Values at 12/31/2012				(Level 1)				(Level 2)				(Level 3)
Impaired loans		$	2,227			$	-			$	-			$	2,227
Mortgage Servicing Rights			3,755				-				-				3,755
Foreclosed Assets			950				-				-				950

($ in thousands) Description		Fair Values at 12/31/2011				(Level 1)				(Level 2)				(Level 3)
Impaired loans		$	5,575			$	-			$	-			$	5,575
Mortgage Servicing Rights			2,820				-				-				2,820
Foreclosed Assets			877				-				-				877
Impaired Software			159												159

Summary of quantitative information about unobservable inputs used in recurring and nonrecurring

($ in thousands)		Fair Value at 12/31/2012			Valuation Technique	Unobservable Inputs		Range (Weighted Average)
Collateral-dependent impaired loans		$	2,227		Market comparable properties	Comparability adjustments (%)		Not available
Foreclosed asset			950		Market comparable properties	Marketability discount			10.0	%
Mortgage servicing rights			3,755		Discounted cash flow	Discount Rate			8.50	%
						Constant prepayment rate			15.60	%
						P&I earnings credit			0.21	%
						T&I earnings credit			0.81	%
						Inflation for cost of servicing			1.50	%

Summary of estimated fair values of company's financial instruments

December 31, 2012		Carrying				Fair Value Measurments Using
$'s in thousands		Amount				(Level 1)				(Level 2)				(Level 3)
Financial assets
Cash and cash equivalents		$	19,144			$	19,144			$	-			$	-
Loans held for sale			6,147				-				6,350				-
Loans, net of allowance for loan losses			456,578				-				-				462,773
Federal Reserve and FHLB Bank stock, at cost			3,748				-				3,748				-
Accrued interest receivable			1,235				-				1,235				-
Financial liabilities
Deposits		$	527,001			$	-			$	530,097			$	-
Short-term borrowings			10,333				-				10,333				-
Notes payable			1,702				-				1,731				-
FHLB advances			21,000				-				21,274				-
Trust preferred securities			20,620				-				7,353				-
Accrued interest payable			138				-				138				-

December 31, 2011		Carrying				Fair Value Measurments Using
$'s in thousands		Amount				(Level 1)				(Level 2)				(Level 3)
Financial assets
Cash and cash equivalents		$	14,846			$	14,846			$	-			$	-
Loans held for sale			5,238				-				5,334				-
Loans, net of allowance for loan losses			436,025				-				-				443,727
Federal Reserve and FHLB Bank stock, at cost			3,685				-				3,685				-
Interest receivable			1,635				-				1,635				-
Financial liabilities
Deposits		$	518,765			$	-			$	521,654			$	-
Short-term borrowings			18,779				-				18,903				-
Notes payable			2,788				-				2,815				-
FHLB advances			12,776				-				13,149				-
Trust preferred securities			20,620				-				8,320				-
Accrued interest payable			2,954				-				2,954				-

X

- Definition

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).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 157

-Paragraph 33

-Subparagraph a, b

-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 Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19296-110258

+ Details

Name:	us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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 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

Name:	us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_FairValueDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_FairValueInputsAssetsQuantitativeInformationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration