Disclosures about Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2015

Disclosures about Fair Value Measurements [Abstract]

Schedule of Assets and Liabilities Measured on Recurring Basis

	Fair Value Measurements at June 30, 2015 Using
	Total		(Level 1)		(Level 2)		(Level 3)

US Agency securities	$	5,936	$	-	$	5,936	$	-
US Agency mortgage-backed securities		99,610		-		99,610		-
Corporate bonds		17,322		-		17,322		-

	Fair Value Measurements at December 31, 2014 Using
	Total		(Level 1)		(Level 2)		(Level 3)

US Agency securities	$	5,906	$	-	$	5,906	$	-
US Agency mortgage-backed securities		105,768		-		105,768		-
Corporate bonds		15,436		-		15,436		-

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

	Fair Value Measurements at June 30, 2015 Using
	Total		(Level 1)		(Level 2)		(Level 3)
Impaired loans	$	567	$	-	$	-	$	567
Other real estate owned		126		-		-		126

	Fair Value Measurements at December 31, 2014 Using
	Total		(Level 1)		(Level 2)		(Level 3)
Impaired loans	$	469	$	-	$	-	$	469
Other real estate owned		512		-		-		512

June 30, 2015

	Quantitative Information About Level 3 Fair Value Measurements
	Fair Value Estimate		Valuation Techniques	Unobservable Input	Range(Wgtd Ave)
Impaired loans	$	567	Appraisal of collateral(1), (3)	Appraisal adjustments(2) Liquidation expenses	0% to 35%(30%) 1% to 15%(10%)

Other real estate owned		126	Appraisal of collateral (1),(3)	Appraisal adjustments(2) Liquidation expenses	0% to 48%(38%) 1% to 20%(10%)

December 31, 2014

	Quantitative Information About Level 3 Fair Value Measurements
	Fair Value Estimate		Valuation Techniques	Unobservable Input	Range(Wgtd Ave)
Impaired loans	$	469	Appraisal of collateral(1),(3)	Appraisal adjustments(2) Liquidation expenses	0% to 37%(30%) 1% to 15%(10%)

Other real estate owned		512	Appraisal of collateral (1),(3)	Appraisal adjustments(2) Liquidation expenses	47% to 83%(55%) 1% to 61%(9%)

(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.

(3)

Includes qualitative adjustments by management and estimated liquidation expenses.

Schedule of Financial Instruments

	June 30, 2015
	Carrying Value		Fair Value		(Level 1)		(Level 2)		(Level 3)
FINANCIAL ASSETS:
Cash and cash equivalents	$	26,591	$	26,591	$	26,591	$	-	$	-
Investment securities - AFS		122,868		122,868		-		122,868		-
Investment securities – HTM		19,580		19,776		-		16,809		2,967
Regulatory stock		7,305		7,305		7,305		-		-
Loans held for sale		4,393		4,456		4,456		-		-
Loans, net of allowance for loan loss and unearned income		852,133		852,862		-		-		852,862
Accrued interest income receivable		3,310		3,310		3,310		-		-
Bank owned life insurance		37,558		37,558		37,558		-		-

FINANCIAL LIABILITIES:
Deposits with no stated maturities	$	575,977	$	575,977	$	575,977	$	-	$	-
Deposits with stated maturities		286,925		289,576		-		-		289,576
Short-term borrowings		63,430		63,430		63,430		-		-
All other borrowings		59,085		62,811		-		-		62,811
Accrued interest payable		1,451		1,451		1,451		-		-

	December 31, 2014
	Carrying Value		Fair Value		(Level 1)		(Level 2)		(Level 3)

FINANCIAL ASSETS:
Cash and cash equivalents	$	32,872	$	32,872	$	32,872	$	-	$	-
Investment securities - AFS		127,110		127,110		-		127,110		-
Investment securities – HTM		19,840		20,213		-		17,241		2,972
Regulatory stock		6,173		6,173		6,173		-		-
Loans held for sale		5,051		5,127		5,127		-		-
Loans, net of allowance for loan loss and unearned income		817,457		819,935		-		-		819,935
Accrued interest income receivable		3,127		3,127		3,127		-		-
Bank owned life insurance		37,417		37,417		37,417		-		-

FINANCIAL LIABILITIES:
Deposits with no stated maturities	$	568,625	$	568,625	$	568,625	$	-	$	-
Deposits with stated maturities		301,256		304,744		-		-		304,744
Short-term borrowings		38,880		38,880		38,880		-		-
All other borrowings		55,085		59,256		-		-		59,256
Accrued interest payable		1,706		1,706		1,706		-		-