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Note 15 - Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2017
Notes Tables  
Fair Value, Assets Measured on Recurring Basis [Table Text Block]
   
Fair Value Measurements as of
March
3
1
, 201
7
Using
 
   
Totals
At
March
3
1
,
201
7
   
Quoted
Prices in
Active
Markets For
Identical
Assets
(Level 1)
   
Significant
Other
Observable
Inputs
(Level 2)
   
Significant
Unobservable
Inputs
(Level 3)
 
   
(Dollars in Thousands)
 
Investment securities, available-for-sale
                               
Mortgage-backed securities:
                               
Residential
  $
96,499
    $
    $
96,499
    $
 
Commercial
   
76,501
     
     
76,501
     
 
Obligations of states and political subdivisions
   
8,024
     
     
8,024
     
 
Obligations of U.S. government-sponsored agencies
   
2,004
     
     
2,004
     
 
Corporate notes
   
750
     
     
750
     
 
U.S. Treasury securities    
80
     
     
80
     
 
Other assets - derivatives
   
358
     
     
358
     
 
   
Fair Value Measurements as of December 31, 201
6
Using
 
   
Totals
At
December
31,
201
6
   
Quoted
Prices in
Active
Markets For
Identical
Assets
(Level 1)
   
Significant
Other
Observable
Inputs
(Level 2)
   
Significant
Unobservable
Inputs
(Level 3)
 
   
(Dollars in Thousands)
 
Investment securities, available-for-sale
                               
Mortgage-backed securities:
                               
Residential
  $
98,409
    $
    $
98,409
    $
 
Commercial
   
70,530
     
     
70,530
     
 
Obligations of states and political subdivisions
   
10,142
     
     
10,142
     
 
Obligations of U.S. government-sponsored agencies
   
1,993
     
     
1,993
     
 
Corporate notes
   
756
     
     
756
     
 
U.S. Treasury securities
   
80
     
     
80
     
 
Other assets - derivatives
   
346
     
     
346
     
 
Fair Value Assets Measured On Nonrecurring Basis [Table Text Block]
   
Fair Value Measurements as of
March
3
1
, 2017
Using
 
   
Totals
At
March
3
1
,
2017
   
Quoted
Prices in
Active
Markets For
Identical
Assets
(Level 1)
   
Significant
Other
Observable
Inputs
(Level 2)
   
Significant
Unobservable
Inputs
(Level 3)
 
   
(Dollars in Thousands)
 
Impaired loans
  $
1,590
    $
    $
    $
1,590
 
OREO    
4,587
     
     
     
4,587
 
Other assets
   
280
     
     
     
280
 
   
Fair Value Measurements as of December 31, 201
6
Using
 
   
Totals
At
December 31,
201
6
   
Quoted
Prices in
Active
Markets
For Identical
Assets
(Level 1)
   
Significant
Other
Observable
Inputs
(Level 2)
   
Significant
Unobservable
Inputs
(Level 3)
 
   
(Dollars in Thousands)
 
Impaired loans
  $
1,568
    $
    $
    $
1,568
 
OREO    
4,858
     
     
     
4,858
 
Other assets
   
280
     
     
     
280
 
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]
 
 
Level 3 Significant Unobservable Input Assumptions
 
 
Fair Value
March
3
1
,
2017
 
 
Valuation Technique
 
Unobservable
 
Input
 
Quantitative
 
Range
of Unobservable
Inputs
(Weighted
Average)
 
 
(Dollars in Thousands)
Non-recurring fair value measurements:
 
 
 
 
 
 
 
 
 
 
     
 
 
 
 
 
 
 
 
 
 
 
     
Impaired loans
 
$
1,590
 
 
Multiple data points, including discount to appraised value of collateral based on recent market activity
 
Appraisal comparability adjustment (discount)
 
9
%
-
10%
(
9.5%)
OREO   $
4,587
   
Discount to appraised value of property based on recent market activity for sales of similar properties
 
Appraisal comparability adjustment (discount)
 
9
%
-
10%
(9.5%)
Other assets
 
$
280
 
 
Discount to appraised value of property based on recent market activity for sales of similar properties
 
Appraisal comparability adjustment (discount)
 
9
%
-
10%
(
9.5%)
Fair Value, by Balance Sheet Grouping [Table Text Block]
   
March
3
1
, 2017
 
   
Carrying
Amount
   
Estimated
Fair Value
   
Level 1
   
Level 2
   
Level 3
 
   
(Dollars in Thousands)
 
Assets:
                                       
Cash and cash equivalents
  $
32,905
    $
32,905
    $
32,905
    $
    $
 
Investment securities available-for-sale
   
183,858
     
183,858
     
     
183,858
     
 
Investment securities held-to-maturity
   
29,639
     
29,357
     
     
29,357
     
 
Federal Home Loan Bank stock
   
1,609
     
1,609
     
     
     
1,609
 
Loans, net of allowance for loan losses
   
317,677
     
313,079
     
     
     
313,079
 
Other assets
– derivatives
   
358
     
358
     
     
358
     
 
Liabilities:
                                       
Deposits
   
509,078
     
508,634
     
     
508,634
     
 
Short-term borrowings
   
10,750
     
10,750
     
     
10,750
     
 
Long-term debt
   
15,000
     
15,001
     
     
15,001
     
 
   
December 31, 2016
 
   
Carrying
Amount
   
Estimated
Fair Value
   
Level 1
   
Level 2
   
Level 3
 
   
(Dollars in Thousands)
 
Assets:
                                       
Cash and cash equivalents
  $
23,530
    $
23,530
    $
23,530
    $
    $
 
Investment securities available-for-sale
   
181,910
     
181,910
     
     
181,910
     
 
Investment securities held-to-maturity
   
25,904
     
25,508
     
     
25,508
     
 
Federal Home Loan Bank stock
   
1,581
     
1,581
     
     
     
1,581
 
Loans, net of allowance for loan losses
   
322,772
     
319,881
     
     
     
319,881
 
Other assets
– derivatives
   
346
     
346
     
     
346
     
 
Liabilities:
                                       
Deposits
   
497,556
     
497,037
     
     
497,037
     
 
Short-term borrowings
   
10,119
     
10,119
     
     
10,119
     
 
Long-term debt
   
15,000
     
14,998
     
     
14,998