XML 49 R72.htm IDEA: XBRL DOCUMENT v2.4.0.6
Fair Value of Financial Instruments (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Fair Value of Financial Instruments      
Cost to assume off-balance sheet commitments and standby letters of credit as a percentage of notional amount 10.00%    
Assets:      
Securities available for sale $ 84,066 $ 115,645  
Federal Reserve Bank and FHLB stock, at cost 11,247 12,475  
Other real estate owned 2,258 1,231 34
Accrued interest receivable 4,126 3,885  
Liabilities:      
FHLB advances 87,000    
Off-balance sheet commitments and standby letters of credit      
Notional Amount 131,450 73,053  
Cost to Cede or Assume 13,145 7,305  
Level 1
     
Assets:      
Cash and cash equivalents 59,352 60,235  
Securities available for sale 81,042 111,725  
Federal Reserve Bank and FHLB stock, at cost 11,247 12,475  
Loans held for investment, net   3,885  
Accrued interest receivable 4,126    
Liabilities:      
Deposit accounts 548,101 402,005  
FHLB advances 87,000    
Accrued interest payable 142 147  
Level 2
     
Assets:      
Securities available for sale 2,072 2,929  
Loans held for sale, net 3,681 787,918  
Loans held for investment, net 1,046,853    
Other real estate owned 2,258 1,231  
Liabilities:      
Deposit accounts 363,382 431,236  
FHLB advances   31,361  
Other borrowings 31,267 5,405  
Subordinated debentures 4,973    
Off-balance sheet commitments and standby letters of credit      
Cost to Cede or Assume 13,145 7,305  
Level 3
     
Assets:      
Securities available for sale 952 991  
Loans held for investment, net 2,736 6,991  
Carrying Amount
     
Assets:      
Cash and cash equivalents 59,352 60,235  
Securities available for sale 84,066 115,645  
Federal Reserve Bank and FHLB stock, at cost 11,247 12,475  
Loans held for sale, net 3,681    
Loans held for investment, net 974,213 730,067  
Other real estate owned 2,258 1,231  
Accrued interest receivable 4,126 3,885  
Liabilities:      
Deposit accounts 904,768 828,877  
FHLB advances 87,000    
Other borrowings 28,500 28,500  
Subordinated debentures 10,310 10,310  
Accrued interest payable 142 147  
Estimated Fair Value
     
Assets:      
Cash and cash equivalents 59,352 60,235  
Securities available for sale 84,066 115,645  
Federal Reserve Bank and FHLB stock, at cost 11,247 12,475  
Loans held for sale, net 3,681    
Loans held for investment, net 1,049,589 794,906  
Other real estate owned 2,258 1,231  
Accrued interest receivable 4,126 3,885  
Liabilities:      
Deposit accounts 911,483 833,241  
FHLB advances 87,000    
Other borrowings 31,267 31,361  
Subordinated debentures 4,973 5,405  
Accrued interest payable $ 142 $ 147