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Fair Value Measurement
6 Months Ended
Jun. 30, 2014
Fair Value Disclosures [Abstract]  
Fair Value Measurement
(7)Fair Value Measurements. Securities available for sale measured at fair value on a recurring basis are summarized below (in thousands):

 

         Fair Value Measurements at Reporting Date Using 
   Fair Value   Quoted Prices In Active Markets for Identical Assets
(Level 1)
   Significant Other Observable Inputs
(Level 2)
   Significant Unobservable Inputs
(Level 3)
 
As of June 30, 2014:                
Mortgage-backed securities  $12,670   $   $12,670   $ 
U.S. Government and agency securities   20,985        20,985     
                     
   $33,655   $   $33,655   $ 
                     
As of December 31, 2013:                    
Mortgage-backed securities  $10,625   $   $10,625   $ 
U.S. Government and agency securities   12,365        12,365     
                     
   $22,990   $   $22,990   $ 

 

There were no transfers of securities between levels of inputs for the six months ended June 30, 2014.

 

Assets measured at fair value on a nonrecurring basis are as follows (in thousands):

 

   Fair Value   Level 1   Level 2   Level 3   Total Losses   Losses Recorded in Operations 
At June 30, 2014:                              
Residential real estate  $1,444   $   $   $1,444   $507   $ 
Commercial real estate   2,970            2,970    3,269     
Commercial   1,183            1,183    242     
                               
   $5,597   $   $   $5,597   $4,018   $ 
                               
Foreclosed real estate  $4,788   $   $   $4,788   $1,144   $9 
                               
At December 31, 2013:                              
Residential real estate  $1,523   $   $   $1,523   $507   $77 
Commercial real estate   3,386            3,386    3,850    2,405 
Commercial   1,216            1,216    242     
                               
   $6,125   $   $   $6,125   $4,599   $2,482 
                               
Foreclosed real estate  $7,553   $   $   $7,553   $1,696   $859