XML 60 R45.htm IDEA: XBRL DOCUMENT
v3.3.1.900

DISCLOSURES ABOUT FAIR VALUE MEASUREMENTS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2015
Disclosures about Fair Value Measurements [Abstract] |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] | Assets and liability measured at fair value on a recurring basis are summarized below (in thousands):
|  | FAIR VALUE MEASUREMENTS AT DECEMBER 31, 2015 USING
|  | TOTAL |  | (LEVEL 1) |  | (LEVEL 2) |  | (LEVEL 3)
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Agency securities |  | $ | 2,881 |  |  | $ | — |  |  | $ | 2,881 |  |  | $ | — |
U.S. Agency mortgage-backed securities |  |  | 98,334 |  |  |  | — |  |  |  | 98,334 |  |  |  | — |
Corporate bonds |  |  | 18,252 |  |  |  | — |  |  |  | 18,252 |  |  |  | — |
|  | FAIR VALUE MEASUREMENTS AT DECEMBER 31, 2014 USING
|  | TOTAL |  | (LEVEL 1) |  | (LEVEL 2) |  | (LEVEL 3)
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Agency securities |  | $ | 5,906 |  |  | $ | — |  |  | $ | 5,906 |  |  | $ | — |
U.S. Agency mortgage-backed securities |  |  | 105,768 |  |  |  | — |  |  |  | 105,768 |  |  |  | — |
Corporate bonds |  |  | 15,436 |  |  |  | — |  |  |  | 15,436 |  |  |  | — |
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Table Text Block] | Assets measured at fair value on a non-recurring basis are summarized below (in thousands):
|  | FAIR VALUE MEASUREMENTS AT DECEMBER 31, 2015 USING
|  | TOTAL |  | (LEVEL 1) |  | (LEVEL 2) |  | (LEVEL 3)
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Impaired loans |  | $ | 3,115 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,115 |
Other real estate owned |  |  | 75 |  |  |  | — |  |  |  | — |  |  |  | 75 |
|  | FAIR VALUE MEASUREMENTS AT DECEMBER 31, 2014 USING
|  | TOTAL |  | (LEVEL 1) |  | (LEVEL 2) |  | (LEVEL 3)
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Impaired loans |  | $ | 469 |  |  | $ | — |  |  | $ | — |  |  | $ | 469 |
Other real estate owned |  |  | 512 |  |  |  | — |  |  |  | — |  |  |  | 512 |
December 31, 2015 |  | Quantitative Information About Level 3 Fair Value Measurements
| Fair Value |  | Valuation Techniques |  | Unobservable Input |  | Range (Wgtd Ave)
Impaired loans |  | $ | 3,115 |  |  |  | Appraisal of collateral(1) |  |  |  | Appraisal adjustments(2) |  |  |  | 15% to 20% (17%) |
Other real estate owned |  |  | 75 |  |  |  | Appraisal of collateral(1),(3) |  |  |  | Appraisal adjustments(2) |  |  |  | 23% to 49% (35%) |
|  |  |  |  |  |  |  |  |  |  | Liquidation expenses(2) |  |  |  | 10% to 59% (25%) |
December 31, 2014 |  | Quantitative Information About Level 3 Fair Value Measurements
| Fair Value |  | Valuation Techniques |  | Unobservable Input |  | Range (Wgtd Ave)
Impaired loans |  | $ | 469 |  |  |  | Appraisal of collateral(1) |  |  |  | Appraisal adjustments(2) |  |  |  | 0% to 37%(30%) |
|  |  |  |  |  |  |  |  |  |  | Liquidation expenses(2) |  |  |  | 1% to 15%(10%) |
Other real estate owned |  |  | 512 |  |  |  | Appraisal of collateral(1),(3) |  |  |  | Appraisal adjustments(2) |  |  |  | 47% to 83%(55%) |
|  |  |  |  |  |  |  |  |  |  | Liquidation expenses(2) |  |  |  | 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 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=36462937&loc=d3e19296-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + 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=36462937&loc=d3e19190-110258 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration