Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2012

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The tables below present the recorded amount of assets measured at fair value on a recurring basis at September 30, 2012 and December 31, 2011. No assets were transferred from one hierarchy level to another during the first nine months of 2012 or 2011.

					Significant
					Other		Significant
			Quoted		Observable		Unobservable
			Prices		Inputs		Inputs
(Dollars in thousands)	Fair Value		(Level 1)		(Level 2)		(Level 3)
September 30, 2012
Securities available for sale:
U.S. Government agencies	$	35,735	$	-	$	35,735	$	-
Mortgage-backed securities		90,013		-		90,013		-
Other equity securities		624		-		624		-
Total	$	126,372	$	-	$	126,372	$	-
Interest rate caps	$	24	$	-	$	24	$	-

					Significant
					Other		Significant
			Quoted		Observable		Unobservable
			Prices		Inputs		Inputs
(Dollars in thousands)	Fair Value		(Level 1)		(Level 2)		(Level 3)
December 31, 2011
Securities available for sale:
U.S. Government agencies	$	42,148	$	-	$	42,148	$	-
Mortgage-backed securities		87,033		-		87,033		-
Other equity securities		599		-		599		-
Total	$	129,780	$	-	$	129,780	$	-
Interest rate caps	$	250	$	-	$	250	$	-

Fair Value Assets Measured on Nonrecurring Basis [Table Text Block]

The tables below summarize the changes in the recorded amount of assets measured at fair value on a nonrecurring basis for the nine months ended September 30, 2012 and September 30, 2011. All assets measured at fair value on a nonrecurring basis were classified as Level 3 in the fair value hierarchy for the periods presented.

(Dollars in thousands)	Construction			Residential real estate			Commercial real estate			Commercial			Consumer			Total
For the nine months ended September 30, 2012
Impaired loans:
Beginning balance	$	27,166		$	22,602		$	23,578		$	1,738		$	28		$	75,112
Charge-offs		(4,965	)		(7,628	)		(2,177	)		(1,264	)		-			(16,034	)
Payments		(976	)		(8,405	)		(1,858	)		(105	)		(4	)		(11,348	)
Transfers to other real estate owned		(1,631	)		(1,463	)		(1,334	)		(30	)		-			(4,458	)
Returned to performing status		-			(201	)		-			(39	)		-			(240	)
Changed to nonaccrual status		(666	)		(786	)		-			-			-			(1,452	)
Additions		20,856			14,256			10,693			1,346			30			47,181
Changes in allowance		151			1,296			-			-			-			1,447
Ending balance	$	39,935		$	19,671		$	28,902		$	1,646		$	54		$	90,208

(Dollars in thousands)	Construction			Residential real estate			Commercial real estate			Commercial			Consumer			Total
For the nine months ended September 30, 2011
Impaired loans:
Beginning balance	$	28,175		$	15,327		$	13,280		$	4,374		$	30		$	61,186
Charge-offs		(2,503	)		(6,734	)		(3,623	)		(2,600	)		-			(15,460	)
Payments		(916	)		(6,569	)		(2,012	)		(529	)		(1	)		(10,027	)
Transfers to other real estate owned		(2,018	)		(1,272	)		(4,686	)		(388	)		-			(8,364	)
Returned to performing status		-			(1,907	)		-			-			-			(1,907	)
Changed to nonaccrual status		(419	)		(2,891	)		(930	)		-			-			(4,240	)
Additions		5,107			23,990			21,381			833			11			51,322
Changes in allowance		-			(90	)		-			-			-			(90	)
Ending balance	$	27,426		$	19,854		$	23,410		$	1,690		$	40		$	72,420

	For the Nine Months Ended
(Dollars in thousands)	September 30,
	2012			2011
Other real estate owned:
Beginning balance	$	9,385		$	3,702
Sales		(4,605	)		(2,967	)
Write-downs		(1,077	)		(563	)
Additions		4,715			9,693
Ending balance	$	8,418		$	9,865

Schedule of Estimated Fair Values of Financial Assets and Liabilities [Table Text Block]

The following table provides information on the estimated fair values of the Company’s financial assets and liabilities that are reported in the balance sheets at their carrying amounts. The financial assets and liabilities have been segregated by their classification level in the fair value hierarchy.

	September 30, 2012				December 31, 2011
			Estimated				Estimated
	Carrying		Fair		Carrying		Fair
(Dollars in thousands)	Amount		Value		Amount		Value
Financial assets
Level 2 inputs
Cash and cash equivalents	$	183,448	$	183,448	$	127,742	$	127,742
Investment securities held to maturity		4,075		4,326		6,480		6,732
Level 3 inputs
Loans, net		795,075		821,480		826,762		856,917
Financial liabilities
Level 2 inputs
Deposits	$	1,038,514	$	1,042,244	$	1,009,919	$	1,013,964
Short-term borrowings		13,079		13,079		17,817		17,817
Long-term debt		455		455		455		470