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Fair Value of Financial Instruments
6 Months Ended
Jun. 30, 2014
Disclosure Text Block Supplement [Abstract]  
Fair Value of Financial Instruments
(8) Fair Value of Financial Instruments. The estimated fair values and fair value measurement method with respect to the Company’s financial instruments were as follows (in thousands):

 

   At June 30, 2014  At December 31, 2013 
   Carrying Amount   Fair Value   Level  Carrying Amount   Fair Value   Level 
Financial assets:                           
Cash and cash equivalents  $13,428   $13,428   1  $13,881   $13,881   1 
Securities available for sale   33,655    33,655   2   22,990    22,990   2 
Loans   71,552    71,314   3   79,249    79,043   3 
Federal Home Loan Bank stock   1,139    1,139   3   1,196    1,196   3 
Accrued interest receivable   474    474   3   496    496   3 
                            
Financial liabilities:                           
Deposit liabilities   95,863    96,092   3   98,692    99,003   3 
Federal Home Loan Bank advances   22,740    22,744   3   22,740    22,734   3 
Junior subordinated debenture   5,155    4,828   3   5,155    4,828   3 
Off-balance sheet financial instruments          3          3 

 

Discussion regarding the assumptions used to compute the estimated fair values of financial instruments can be found in Note 1 to the consolidated financial statements included in the Company’s annual report on Form 10-K for the year ended December 31, 2013.