XML 27 R12.htm IDEA: XBRL DOCUMENT v3.3.0.814

FAIR VALUE (Tables)

9 Months Ended

Sep. 30, 2015

Fair Value Disclosures [Abstract]

Schedule of changes in asset subject to fair value measurement by Level

		(Dollars in Thousands)
		Level 1				Level 2				Level 3				Fair Value
December 31, 2014
Recurring:
Investment securities available for sale (AFS)		$	790			$	86,815			$	388			$	87,993
Non-recurring:
Maryland Financial Bank stock			-				-				30				30
Impaired loans			-				-				5,176				5,176
OREO			-				45				-				45
			790				86,860				5,594				93,244
Activity:
Investment securities AFS
Purchases of investment securities			-				44,131				-				44,131
Sales, calls and maturities of investment securities			-				(37,917	)			-				(37,917	)
Amortization/accretion of premium/discount			-				(584	)			-				(584	)
Increase (decrease) in market value			79				326				(38	)			367
Transfer to Level 2			(573	)			797				(224	)			-
Loans
New impaired loans			-				-				1,779				1,779
Payments and other loan reductions			-				-				(546	)			(546	)
Change in total provision			-				-				(41	)			(41	)
OREO
Sales of OREO			-				(45	)			-				(45	)
September 30, 2015
Recurring:
Investment securities AFS			296				93,568				126				93,990
Non-recurring:
Maryland Financial Bank stock			-				-				30				30
Impaired loans			-				-				6,368				6,368
OREO			-				-				-				-
		$	296			$	93,568			$	6,524			$	100,388

Schedule of estimated fair values of financial instruments

		September 30, 2015								December 31, 2014
(In Thousands)		Carrying				Fair				Carrying				Fair
		Amount				Value				Amount				Value
Financial assets:
Cash and due from banks		$	7,845			$	7,845			$	7,101			$	7,101
Interest-bearing deposits			1,842				1,842				2,155				2,155
Federal funds sold			6,870				6,870				4,024				4,024
Investment securities			93,990				93,990				87,993				87,993
Investments in restricted stock			1,203				1,203				1,328				1,328
Ground rents			164				164				169				169
Loans, net			265,305				263,288				273,986				268,536
Accrued interest receivable			1,125				1,125				1,274				1,274
Financial liabilities:
Deposits			340,307				319,798				338,877				310,239
Long-term borrowings			20,000				20,935				20,000				20,951
Dividends payable			194				194				276				276
Accrued interest payable			40				40				40				40

Schedule of gross unrealized losses and fair value, aggregated by investment category and length of time in continuous unrealized loss position

Securities available for sale:		Less than 12 months								12 months or more								Total
(Dollars in Thousands)
		Fair				Unrealized				Fair				Unrealized				Fair				Unrealized
		Value				Loss				Value				Loss				Value				Loss
Obligations of U.S. Govt Agencies		$	-			$	-			$	-			$	-			$	-			$	-
State and Municipal			11,367				194				813				12				12,180				206
Corporate Trust Preferred			-				-				126				55				126				55
Mortgage Backed			22,917				113				16,955				315				39,872				428
		$	34,284			$	307			$	17,894			$	382			$	52,178			$	689

Schedule of rollforward of the cumulative other-than-temporary credit losses recognized in earnings for debt securities

		At				At
		September 30,				December 31,
		2015				2014
		(Dollars in Thousands)
Estimated credit losses, beginning of year		$	3,262			$	3,262
Credit losses - no previous OTTI recognized			-				-
Credit losses - previous OTTI recognized			-				-
Estimated credit losses, end of period		$	3,262			$	3,262

X

- Definition

Tabular disclosure of fair value of investments in debt and equity securities in an unrealized loss position categorized neither as held-to-maturity nor trading securities.

+ References

No definition available.

+ Details

Name:	us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring and/or nonrecurring 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



Reference 2: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 820



-SubTopic 10



-Section 50



-Paragraph 2



-Subparagraph (a),(b)



-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueAssetsMeasuredOnRecurringAndNonrecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 825



-SubTopic 10



-Section 50



-Paragraph 12



-URI http://asc.fasb.org/extlink&oid=49121117&loc=d3e13476-108611



Reference 2: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 820



-SubTopic 10



-Section 50



-Paragraph 2



-Subparagraph (a)



-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258



Reference 3: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 825



-SubTopic 10



-Section 50



-Paragraph 11



-URI http://asc.fasb.org/extlink&oid=49121117&loc=d3e13467-108611



Reference 4: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 825



-SubTopic 10



-Section 45



-Paragraph 2



-URI http://asc.fasb.org/extlink&oid=6447952&loc=d3e13220-108610



Reference 5: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 825



-SubTopic 10



-Section 50



-Paragraph 30



-Subparagraph (a)



-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612



Reference 6: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 825



-SubTopic 10



-Section 50



-Paragraph 10



-Subparagraph (a)



-URI http://asc.fasb.org/extlink&oid=49121117&loc=d3e13433-108611

+ Details

Name:	us-gaap_FairValueByBalanceSheetGroupingTextBlock
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 the amount of other than temporary impairment (OTTI) related to credit losses recognized in earnings including: (a) the beginning balance of the amount related to credit losses on debt securities held by the investor at the beginning of the period for which a portion of an OTTI was recognized in other comprehensive income; (b) additions for the amount related to the credit loss for which an OTTI was not previously recognized; (c) reductions for securities sold during the period (realized); (d) reductions for securities for which the amount previously recognized in other comprehensive income was recognized in earnings because the investor intends to sell the security or more likely than not will be required to sell the security before recovery of its amortized cost basis; (e) additional increases to the amount related to the credit loss for which an OTTI was previously recognized when the investor does not intend to sell the security and it is not more likely than not that the investor will be required to sell the security before recovery of its amortized cost basis; (f) reductions for increases in cash flows expected to be collected that are recognized over the remaining life of the security; and (g) the ending balance of the amount related to credit losses on debt securities held by the entity at the end of the period for which a portion of an OTTI was recognized in other comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 320



-SubTopic 10



-Section 50



-Paragraph 8



-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27340-111563

+ Details

Name:	us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration