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Disclosures About Fair Value Measurements (Tables) | 9 Months Ended
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Sep. 30, 2012
Disclosures About Fair Value Measurements [Abstract] |
Assets and liability measured at fair value on a recurring basis |
|  | Fair Value Measurements at September 30, 2012 Using |
|  | Total |  |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |
US Agency securities |  | $ | 6,928 |  |  | $ | — |  |  | $ | 6,928 |  |  | $ | — |
US Agency mortgage-backed securities |  |  | 153,248 |  |  |  | — |  |  |  | 153,248 |  |  |  | — |
Corporate bonds |  |  | 6,933 |  |  |  | — |  |  |  | 6,933 |  |  |  | — |
Fair value of swap asset |  |  | 220 |  |  |  | — |  |  |  | 220 |  |  |  | — |
Fair value of swap liability |  |  | 220 |  |  |  | — |  |  |  | 220 |  |  |  | — |
|  | Fair Value Measurements at December 31, 2011 Using |
|  | Total |  |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |
US Agency securities |  | $ | 10,709 |  |  | $ | — |  |  | $ | 10,709 |  |  | $ | — |
US Agency mortgage-backed securities |  |  | 172,214 |  |  |  | — |  |  |  | 172,214 |  |  |  | — |
Fair value of swap asset |  |  | 346 |  |  |  | — |  |  |  | 346 |  |  |  | — |
Fair value of swap liability |  |  | 346 |  |  |  | — |  |  |  | 346 |  |  |  | — |
Assets measured at fair value on a non-recurring basis |
|  | Fair Value Measurements at September 30, 2012 Using |
|  | Total |  |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |
Impaired loans |  | $ | 2,589 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,589 |
Other real estate owned |  |  | 830 |  |  |  | — |  |  |  | — |  |  |  | 830 |
|  | Fair Value Measurements at December 31, 2011 Using |
|  | Total |  |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |
Impaired loans |  | $ | 2,902 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,902 |
Other real estate owned |  |  | 124 |  |  |  | — |  |  |  | — |  |  |  | 124 |
|  | Quantitative Information About Level 3 Fair Value Measurements
September 30, 2012 |  | Fair Value Estimate |  |  | Valuation Techniques |  | Unobservable Input |  | Range
Impaired loans |  | $ | 2,589 |  |  | Appraisal of collateral(1) |  | Appraisal adjustments(2) |  | 1% to -35%
|  |  |  |  |  |  |  | Liquidation expenses(2) |  | 1% to -15%
Other real estate owned |  |  | 830 |  |  | Appraisal of collateral (1), (3) |  |  |  | 1% to -20%
(1) | Fair Value is generally determined through independent appraisals of the underlying collateral, which generally include various level 3 inputs which are not identifiable.
(2) | Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses.
(3) | Includes qualitative adjustments by management and estimated liquidation expenses.
Fair values based on US GAAP measurements, and recorded book balances |
|  | September 30, 2012 |
|  | Carrying Value |  |  | Fair Value |  |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |
FINANCIAL ASSETS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 33,672 |  |  | $ | 33,672 |  |  | $ | 33,672 |  |  | $ | — |  |  | $ | — |
Investment securities |  |  | 181,319 |  |  |  | 181,977 |  |  |  | — |  |  |  | 179,042 |  |  |  | 2,935 |
Regulatory stock |  |  | 6,993 |  |  |  | 6,993 |  |  |  | 6,993 |  |  |  | — |  |  |  | — |
Loans held for sale |  |  | 6,641 |  |  |  | 6,737 |  |  |  | 6,737 |  |  |  | — |  |  |  | — |
Loans, net of allowance for loan loss and unearned income |  |  | 687,154 |  |  |  | 694,997 |  |  |  | — |  |  |  | — |  |  |  | 694,997 |
Accrued income receivable |  |  | 3,403 |  |  |  | 3,403 |  |  |  | 3,403 |  |  |  | — |  |  |  | — |
Bank owned life insurance |  |  | 35,996 |  |  |  | 35,996 |  |  |  | 35,996 |  |  |  | — |  |  |  | — |
Fair value swap asset |  |  | 220 |  |  |  | 220 |  |  |  | — |  |  |  | 220 |  |  |  | — |
FINANCIAL LIABILITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits with no stated maturities |  | $ | 523,119 |  |  | $ | 523,119 |  |  | $ | 523,119 |  |  | $ | — |  |  | $ | — |
Deposits with stated maturities |  |  | 327,006 |  |  |  | 332,449 |  |  |  | — |  |  |  | — |  |  |  | 332,449 |
All other borrowings |  |  | 25,085 |  |  |  | 29,692 |  |  |  | — |  |  |  | — |  |  |  | 29,692 |
Accrued interest payable |  |  | 2,135 |  |  |  | 2,135 |  |  |  | 2,135 |  |  |  | — |  |  |  | — |
Fair value swap liability |  |  | 220 |  |  |  | 220 |  |  |  | — |  |  |  | 220 |  |  |  | — |
|  | December 31, 2011 |
|  | Carrying Value |  |  | Fair Value |
FINANCIAL ASSETS: |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 34,783 |  |  | $ | 34,783 |
Investment securities |  |  | 195,203 |  |  |  | 195,837 |
Regulatory stock |  |  | 8,016 |  |  |  | 8,016 |
Loans held for sale |  |  | 7,110 |  |  |  | 7,195 |
Loans, net of allowance for loan loss and unearned income |  |  | 649,114 |  |  |  | 655,357 |
Accrued income receivable |  |  | 3,216 |  |  |  | 3,216 |
Bank owned life insurance |  |  | 35,351 |  |  |  | 35,351 |
Fair value swap asset |  |  | 346 |  |  |  | 346 |
FINANCIAL LIABILITIES: |  |  |  |  |  |  |  |
Deposits with no stated maturities |  | $ | 482,859 |  |  | $ | 482,859 |
Deposits with stated maturities |  |  | 333,561 |  |  |  | 338,683 |
Short-term borrowings |  |  | 15,765 |  |  |  | 15,765 |
All other borrowings |  |  | 19,085 |  |  |  | 23,606 |
Accrued interest payable |  |  | 2,523 |  |  |  | 2,523 |
Fair value swap liability |  |  | 346 |  |  |  | 346 |

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- 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
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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 assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, 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 Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19190-110258 + Details
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