XML 62 R44.htm IDEA: XBRL DOCUMENT v2.4.0.8

DISCLOSURES ABOUT FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2013

DISCLOSURES ABOUT FAIR VALUE MEASUREMENTS [Abstract]

Schedule of Assets and Liabilities Measured on Recurring Basis

		FAIR VALUE MEASUREMENTS AT DECEMBER 31, 2013 USING
		TOTAL				QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1)				SIGNIFICANT OTHER OBSERVABLE INPUTS (LEVEL 2)				SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3)
Assets:
U.S. Agency securities		$	6,835			$	-			$	6,835			$	-
U.S. Agency mortgage-backed securities			123,382				-				123,382				-
Corporate bonds			11,761				-				11,761				-

		FAIR VALUE MEASUREMENTS AT DECEMBER 31, 2012 USING
		TOTAL				QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1)				SIGNIFICANT OTHER OBSERVABLE INPUTS (LEVEL 2)				SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3)
Assets:
U.S. Agency securities		$	5,911			$	-			$	5,911			$	-
U.S. Agency mortgage-backed securities			137,735				-				137,735				-
Corporate bonds			7,892				-				7,892				-
Fair value of swap asset			164				-				164				-
Fair value of swap liability			164				-				164				-

Schedule of Assets Measured at Fair Value on Non-Recurring Basis

		FAIR VALUE MEASUREMENTS AT DECEMBER 31, 2013 USING
		TOTAL				QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1)				SIGNIFICANT OTHER OBSERVABLE INPUTS (LEVEL 2)				SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3)
Assets:
Impaired loans		$	2,253			$	-			$	-			$	2,253
Other real estate owned			1,017				-				-				1,017

		FAIR VALUE MEASUREMENTS AT DECEMBER 31, 2012 USING
		TOTAL				QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1)				SIGNIFICANT OTHER OBSERVABLE INPUTS (LEVEL 2)				SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3)
Assets:
Impaired loans		$	3,220			$	-			$	-			$	3,220
Other real estate owned			1,228				-				-				1,228

December 31, 2013

Quantitative Information About Level 3 Fair Value Measurements

Fair Value Estimate

Valuation Techniques

Unobservable Input

Range(Wgtd Ave)

Impaired loans

$

2,253

Appraisal of collateral

(1)

Appraisal adjustments

(2)

0% to 37%(30%)

Liquidation expenses

(2)

1% to 15%(10%)

Other real estate owned

1,017

Appraisal of collateral(1),(3)

Appraisal adjustments

(2)

31% to 48%(38%)

Liquidation expenses

(2)

1% to 20%(10%)

December 31, 2012

Quantitative Information About Level 3 Fair Value Measurements

Fair Value Estimate

Valuation Techniques

Unobservable Input

Range(Wgtd Ave)

Impaired loans

$

3,220

Appraisal of collateral

(1)

Appraisal adjustments

(2)

1% to 35%(20%)

Liquidation expenses

(2)

1% to 15%(10%)

Other real estate owned

1,228

Appraisal of collateral(1),(3)

Appraisal adjustments

(2)

1% to 20%(15%)

Liquidation expenses

(2)

1% to 20%(10%)

(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.

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 Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19296-110258

+ Details

Name:	us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock
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 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=25499696&loc=d3e19190-110258

+ Details

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