Fair Value Of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2015



			Quoted Prices in		Significant
			Active Markets		Other		Significant
	Fair		for Identical		Observable		Unobservable
	Value		Assets		Inputs		Inputs
(Dollars in thousands)	Measurements		(Level I)		(Level II)		(Level III)

September 30, 2015
U.S. government agencies	$	11,962	$	-	$	11,962	$	-
State and political subdivisions		37,697		-		37,697		-
Mortgage-backed securities -
U.S. government-sponsored enterprises		45,031		-		45,031		-
Equity securities-financial services industry and other		12		12		-		-

December 31, 2014
U.S. government agencies	$	7,858	$	-	$	7,858	$	-
State and political subdivisions		26,384		-		26,384		-
Mortgage-backed securities -
U.S. government-sponsored enterprises		43,724		-		43,724		-
Equity securities-financial services industry and other		10		10		-		-


	Qualitative Information about Level III Fair Value Measurements
	Fair				Range
	Value		Valuation	Unobservable	(Weighted
(Dollars in thousands)	Estimate		Techniques	Input	Average)

September 30, 2015
Impaired loans	$	1,542	Appraisal of	Appraisal	0% to -58.6%
			collateral	adjustments (1)	(-7.4%)


Foreclosed real estate		868	Appraisal of	Selling
			collateral	expenses (1)	-7.0% (-7.0%)

December 31, 2014
Impaired loans	$	1,087	Appraisal of	Appraisal	0% to -67.9%
			collateral	adjustments (1)	(-7.8%)


Foreclosed real estate		761	Appraisal of	Selling
			collateral	expenses (1)	-7.0% (-7.0%)

(1) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated selling expenses. The range and weighted average of selling expenses and other appraisal adjustments are presented as a percentage of the appraisal.



					Quoted Prices in		Significant
					Active Markets		Other		Significant
	September 30, 2015				for Identical		Observable		Unobservable
	Carrying		Fair		Assets		Inputs		Inputs
(Dollars in thousands)	Amount		Value		(Level I)		(Level II)		(Level III)

Financial assets:
Cash and cash equivalents	$	8,171	$	8,171	$	8,171	$	-	$	-
Time deposits with other banks		100		100		-		100		-
Securities available for sale		94,702		94,702		12		94,690		-
Securities held to maturity		5,857		6,034		-		6,034		-
Federal Home Loan Bank stock		4,015		4,015		-		4,015		-
Loans receivable, net of allowance		495,562		493,836		-		-		493,836
Accrued interest receivable		1,996		1,996		-		1,996		-

Financial liabilities:
Non-maturity deposits		380,080		380,080		-		380,080		-
Time deposits		122,429		122,789		-		122,789		-
Short-term borrowings		15,300		15,300		15,300		-		-
Long-term borrowings		56,000		57,453		-		57,453		-
Junior subordinated debentures		12,887		9,179		-		9,179		-
Accrued interest payable		265		265		-		265		-


					Quoted Prices in		Significant
					Active Markets		Other		Significant
	December 31, 2014				for Identical		Observable		Unobservable
	Carrying		Fair		Assets		Inputs		Inputs
(Dollars in thousands)	Amount		Value		(Level I)		(Level II)		(Level III)

Financial assets:
Cash and cash equivalents	$	5,859	$	5,859	$	5,859	$	-	$	-
Time deposits with other banks		100		100		-		100		-
Securities available for sale		77,976		77,976		10		77,966		-
Securities held to maturity		6,006		6,190		-		6,190		-
Federal Home Loan Bank stock		3,908		3,908		-		3,908		-
Loans receivable, net of allowance		466,332		462,984		-		-		462,984
Accrued interest receivable		1,796		1,796		-		1,796		-

Financial liabilities:
Non-maturity deposits		351,653		351,653		-		351,653		-
Time deposits		106,617		107,011		-		107,011		-
Short-term borrowings		23,500		23,500		23,500		-		-
Long-term borrowings		46,000		47,766		-		47,766		-
Junior subordinated debentures		12,887		9,361		-		9,361		-
Accrued interest payable		243		243		-		243		-