Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2015

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, 2015 and December 31, 2014. No assets were transferred from one hierarchy level to another during the first nine months of 2015 or 2014.

					Significant
					Other		Significant
			Quoted		Observable		Unobservable
			Prices		Inputs		Inputs
(Dollars in thousands)	Fair Value		(Level 1)		(Level 2)		(Level 3)
September 30, 2015
Securities available for sale:
U.S. Treasury	$	5,123	$	5,123	$	-	$	-
U.S. Government agencies		65,754		-		65,754		-
Mortgage-backed		148,913		-		148,913		-
Equity		644		-		644		-
Total	$	220,434	$	5,123	$	215,311	$	-

					Significant
					Other		Significant
			Quoted		Observable		Unobservable
			Prices		Inputs		Inputs
(Dollars in thousands)	Fair Value		(Level 1)		(Level 2)		(Level 3)
December 31, 2014
Securities available for sale:
U.S. Treasury	$	5,215	$	5,215	$	-	$	-
U.S. Government agencies		74,960		-		74,960		-
Mortgage-backed		155,303		-		155,303		-
Equity		630		-		630		-
Total	$	236,108	$	5,215	$	230,893	$	-

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

The tables below present the recorded amount of assets measured at fair value on a nonrecurring basis at September 30, 2015 and December 31, 2014. No assets were transferred from one hierarchy level to another during the first nine months of 2015 or 2014.

					Significant
					Other		Significant
			Quoted		Observable		Unobservable
			Prices		Inputs		Inputs
(Dollars in thousands)	Fair Value		(Level 1)		(Level 2)		(Level 3)
September 30, 2015
Impaired loans
Construction	$	11,090	$	-	$	11,090	$	-
Residential real estate		10,390		-		10,390		-
Commercial real estate		6,579		-		6,579		-
Commercial		165		-		165		-
Consumer		122		-		122		-
Total impaired loans		28,346		-		28,346		-
Other real estate owned		2,884		-		2,884		-
Total assets measured at fair value on a nonrecurring basis	$	31,230	$	-	$	31,230	$	-

					Significant
					Other		Significant
			Quoted		Observable		Unobservable
			Prices		Inputs		Inputs
(Dollars in thousands)	Fair Value		(Level 1)		(Level 2)		(Level 3)
December 31, 2014
Impaired loans
Construction	$	10,026	$	-	$	10,026	$	-
Residential real estate		9,304		-		9,304		-
Commercial real estate		9,230		-		9,230		-
Commercial		187		-		187		-
Consumer		121		-		121		-
Total impaired loans		28,868		-		28,868		-
Other real estate owned		3,691		-		3,691		-
Total assets measured at fair value on a nonrecurring basis	$	32,559	$	-	$	32,559	$	-

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

The financial assets and liabilities have been segregated by their classification level in the fair value hierarchy.

	September 30, 2015				December 31, 2014
			Estimated				Estimated
	Carrying		Fair		Carrying		Fair
(Dollars in thousands)	Amount		Value		Amount		Value
Financial assets
Level 1 inputs
Cash and cash equivalents	$	66,176	$	66,176	$	96,223	$	96,223

Level 2 inputs
Investment securities held to maturity	$	4,192	$	4,280	$	4,630	$	4,694
Loans, net		768,964		788,590		703,051		724,771

Financial liabilities
Level 2 inputs
Deposits	$	959,434	$	959,193	$	949,004	$	948,605
Short-term borrowings		6,480		6,480		4,808		4,808