Fair Value Accounting (Tables)

6 Months Ended

Jun. 30, 2013

Fair Value Accounting [Abstract]

Schedule of assets and liabilities measured at fair value on recurring basis

	June 30, 2013
(dollars in thousands)	Level 1		Level 2		Level 3		Total
Assets
Securities available for sale
US Government agencies	$	-		7,314		-		7,314
SBA securities		-		5,581		-		5,581
State and political subdivisions		-		23,798		-		23,798
Mortgage-backed securities		-		32,790		-		32,790
Total assets measured at fair value on a recurring basis	$	-		69,483		-		69,483
					December 31, 2012
	Level 1		Level 2		Level 3		Total
Assets
Securities available for sale
US Government agencies	$	-		7,785		-		7,785
SBA securities		-		6,072		-		6,072
State and political subdivisions		-		25,249		-		25,249
Mortgage-backed securities		-		39,116		-		39,116
Total assets measured at fair value on a recurring basis	$	-		78,222		-		78,222

Schedule of assets and liabilities measured on a nonrecurring basis

					As of June 30, 2013
(dollars in thousands)	Level 1		Level 2		Level 3		Total
Assets
Impaired loans	$	-		10,319		1,590		11,909
Other real estate owned		-		1,119		191		1,310
Total assets measured at fair value on a nonrecurring basis	$	-		11,438		1,781		13,219
					As of December 31, 2012
	Level 1		Level 2		Level 3		Total
Assets
Impaired loans	$	-		13,748		191		13,939
Other real estate owned		-		1,390		329		1,719
Total assets measured at fair value on a nonrecurring basis	$	-		15,138		520		15,658

Schedule of unobservable inputs used in the fair value measurements

	Valuation Technique	Significant Unobservable Inputs
Other investments	Carrying Value	None
Impaired loans	Appraised Value/ Discounted Cash Flows	Appraisals and/or sales of comparable properties
Other real estate owned	Appraised Value/ Comparable Sales	Appraisals and/or sales of comparable properties/ Independent quotes

Estimated fair values of the Company's financial instruments

					June 30, 2013
(dollars in thousands)	Carrying Amount		Fair Value		Level 1		Level 2		Level 3
Financial Assets:
Cash and cash equivalents	$	35,639		35,639		35,639		-		-
Other investments, at cost		6,116		6,116		-		-		6,116
Loans, net		677,921		687,391		-		10,319		677,072
Bank owned life insurance		21,043		21,043		-		-		21,043
Financial Liabilities:
Deposits		632,072		599,715		-		599,715		-
FHLB and other borrowings		124,100		138,825		-		138,825		-
Junior subordinated debentures		13,403		5,113		-		5,113		-
					December 31, 2012
	Carrying Amount		Fair Value		Level 1		Level 2		Level 3
Financial Assets:
Cash and cash equivalents	$	29,413		29,413		29,413		-		-
Other investments, at cost		7,794		7,794		-		-		7,794
Loans, net		636,858		645,852		-		13,748		632,104
Bank owned life insurance		18,725		18,725		-		-		18,725
Financial Liabilities:
Deposits		576,299		561,599		-		561,599		-
FHLB and other borrowings		124,100		140,455		-		140,455		-
Junior subordinated debentures		13,403		5,093		-		5,093		-