Fair Value Accounting (Tables)

3 Months Ended

Mar. 31, 2014

Fair Value Accounting [Abstract]

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

			March 31, 2014
(dollars in thousands)	Level 1	Level 2	Level 3	Total
Assets
Securities available for sale
US government agencies	$       -	8,046	-	8,046
SBA securities	-	5,328	-	5,328
State and political subdivisions	-	23,816	-	23,816
Mortgage-backed securities	-	31,557	-	31,557
Total assets measured at fair value on a recurring basis	$       -	68,747	-	68,747

			December 31, 2013
	Level 1	Level 2	Level 3	Total
Assets
Securities available for sale
US government agencies	$       -	7,755	-	7,755
SBA securities	-	5,271	-	5,271
State and political subdivisions	-	23,370	-	23,370
Mortgage-backed securities	-	31,044	-	31,044
Total assets measured at fair value on a recurring basis	$       -	67,440	-	67,440

Schedule of assets and liabilities measured on a nonrecurring basis

			As of March 31, 2014
(dollars in thousands)	Level 1	Level 2	Level 3	Total
Assets
Impaired loans	$       -	10,174	1,145	11,319
Other real estate owned	-	1,035	113	1,148
Total assets measured at fair value on a nonrecurring basis	$       -	11,209	1,258	12,467
			As of December 31, 2013
	Level 1	Level 2	Level 3	Total
Assets
Impaired loans	$       -	10,495	1,158	11,653
Other real estate owned	-	1,085	113	1,198
Total assets measured at fair value on a nonrecurring basis	$       -	11,580	1,271	12,851

Schedule of unobservable inputs used in the fair value measurements

	Valuation Technique	Significant Unobservable Inputs
Impaired loans	Appraised Value/ Discounted Cash  Flows	Discounts to appraisals or cash  flows for estimated holding and/or  selling costs
Other real estate owned	Appraised Value/ Comparable Sales	Discounts to appraisals for  estimated holding or selling costs

Estimated fair values of the Company's financial instruments

			March 31, 2014
(dollars in thousands)	Carrying Amount	Fair Value	Level 1	Level 2	Level 3
Financial Assets:
Cash and cash equivalents	$  42,499	42,499	42,499	-	-
Other investments, at cost	5,960	5,960	-	-	5,960
Loans, net	768,085	775,999	-	10,174	765,825
Bank owned life insurance	21,545	21,545	-	-	21,545
Financial Liabilities:
Deposits	722,412	684,410	-	684,410	-
FHLB and other borrowings	124,100	134,974	-	134,974	-
Junior subordinated debentures	13,403	5,199	-	5,199	-
			December 31, 2013
	Carrying Amount	Fair Value	Level 1	Level 2	Level 3
Financial Assets:
Cash and cash equivalents	$  39,203	39,203	39,203	-
Other investments, at cost	6,116	6,116	-	-	6,116
Loans, net	727,054	735,939	-	10,676	725,263
Bank owned life insurance	21,383	21,383	-	-	21,383
Financial Liabilities:
Deposits	680,319	643,399	-	643,399	-
FHLB and other borrowings	124,100	135,411	-	135,411	-
Junior subordinated debentures	13,403	5,145	-	5,145	-