XML 41 R30.htm IDEA: XBRL DOCUMENT v3.7.0.1
Value of Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2017
Investments, All Other Investments [Abstract]  
Schedule of Estimated 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, 2017     At December 31, 2016  
    Carrying
Amount		     Fair
Value		     Level     Carrying
Amount		     Fair
Value		     Level  
Financial assets:                                    
Cash and cash equivalents   $ 19,736     $ 19,736       1     $ 17,640     $ 17,640       1  
Securities available for sale     19,161       19,161       2       20,222       20,222       2  
Loans     69,256       69,155       3       76,999       76,829       3  
Federal Home Loan Bank stock     979       979       3       1,113       1,113       3  
Accrued interest receivable     343       343       3       380       380       3  
                                                 
Financial liabilities:                                                
Deposit liabilities     81,650       82,081       3       86,009       86,364       3  
Federal Home Loan Bank advances     20,500       20,475       3       23,500       23,500       3  
Junior subordinated debenture     5,155       N/A (1)     3       5,155       N/A (1)     3  
Off-balance sheet financial instruments     —       —       —       —       —       —  

 

(1) The Company is unable to determine the fair value based on significant unobservable inputs required in the calculation refer to Note 10 for further information.