Fair Value (Tables)

9 Months Ended

Sep. 30, 2012

Fair Value [Abstract]

Assets measured at fair value on a recurring basis

	Fair Value Measurements at September 30, 2012 Using
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
	(In thousands)
Assets:
Securities available-for-sale - residential mortgage-backed	$	0	$	14,584	$	0	$	14,584

	Fair Value Measurements at December 31, 2011 Using
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
	(In thousands)
Assets:
Securities available-for-sale - residential mortgage-backed	$	0	$	17,910	$	0	$	17,910
Securities available-for-sale – U.S. government and federal agency		0		1,069		0		1,069

Carrying values of assets measured at fair value on a non-recurring basis

	Principal Amount		Valuation Allowance		Principal Amount		Valuation Allowance
	September 30, 2012				December 31, 2011
	(In thousands)
Assets:
Non-performing loans receivable held-for-sale (1):
Five or more units	$	2,001	$	0	$	2,496	$	382
Commercial real estate		0		0		338		0
Church		1,567		0		2,778		0
Impaired loans carried at fair value of collateral (2):
One to four units		4,483		184		6,697		496
Five or more units		978		29		1,025		151
Commercial real estate		4,146		0		2,869		0
Church		10,852		225		13,706		553
Construction		284		87		302		97
Other		69		69		70		70
Real estate owned:
One to four units		0		0		759		41
Commercial real estate		574		55		3,374		248
Church		2,144		371		2,913		58

Schedule of gains and losses recognized on assets measured at fair value on non-recurring basis

	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
	(In thousands)
Non-performing loans receivable held-for-sale, net (1)	$	296		$	(702	)	$	109		$	(667	)
Impaired loans carried at fair value of collateral (2)		(669	)		(4,463	)		(1,585	)		(9,523	)
Real estate owned (3)		(427	)		(1,251	)		(739	)		(2,033	)
Total	$	(800	)	$	(6,416	)	$	(2,215	)	$	(12,223	)

Carrying amounts and estimated fair values of financial instruments

				Fair Value Measurements at September 30, 2012 Using
	Carrying Value			Level 1		Level 2			Level 3			Total
	(In thousands)
Financial Assets:
Cash and cash equivalents	$	56,545		$	56,545	$	0		$	0		$	56,545
Securities available-for-sale		14,584			0		14,584			0			14,584
Loans receivable held for sale, net		11,215			0		0			11,215			11,215
Loans receivable, net		282,292			0		0			282,037			282,037
Federal Home Loan Bank stock		3,901			0		0			N/A			N/A
Accrued interest receivable		1,395			0		50			1,345			1,395
Financial Liabilities:
Deposits	$	(262,808	)	$	0	$	(261,696	)	$	0		$	(261,696	)
Federal Home Loan Bank advances		(83,000	)		0		(88,931	)		0			(88,931	)
Junior subordinated debentures		(6,000	)		0		0			(5,537	)		(5,537	)
Other borrowings		(5,000	)		0		0			(4,615	)		(4,615	)
Accrued interest payable		(1,837	)		0		(169	)		(1,668	)		(1,837	)

	December 31, 2011
	Carrying Amount			Estimated Fair Value
Financial Assets:
Cash and cash equivalents	$	31,597		$	31,597
Securities available-for-sale		18,979			18,979
Loans receivable held for sale, net		12,983			12,983
Loans receivable, net		322,770			323,090
Federal Home Loan Bank stock		4,089			N/A
Accrued interest receivable		1,698			1,698
Financial Liabilities:
Deposits	$	(294,686	)	$	(294,313	)
Federal Home Loan Bank advances		(83,000	)		(88,911	)
Junior subordinated debentures		(6,000	)		(5,319	)
Other borrowings		(5,000	)		(4,434	)
Advance payments by borrowers for taxes and insurance		(813	)		(813	)
Accrued interest payable		(1,302	)		(1,302	)