10-Q/A

SECURITIES AND EXCHANGE COMMISSION

Washington D.C. 20549

FORM 10-Q/A

Quarterly Report

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

For the Quarterly Period Ended June 30, 2012

FNB BANCORP

(Exact name of registrant as specified in its charter)

California

(State or other jurisdiction of incorporation)

000-49693	92-2115369
(Commission File Number)	(IRS Employer Identification No.)

975 El Camino Real, South San Francisco, California	94080
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code:    (650) 588-6800

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes S No £

Indicate by check mark whether the registrant has submitted electronically and posted on its Web site, if any, every Interactive Data File requir514to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes S No £

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer £	Accelerated filer £
Non-accelerated filer S	Smaller reporting company £

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes £ No S

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: Common Stock as of August 3, 2012: 3,514,745 shares.

FNB Bancorp

Explanatory Note

The purpose of this Amendment No. 1 on Form 10-Q/A to FNB Bancorp’s quarterly report on Form 10-Q for the period ended June 30, 2012, filed with the Securities and Exchange Commission on August 14, 2012 is solely to furnish Exhibit 101 to the Form 10-Q in accordance with Rule 405 of Regulation S-T. Exhibit 101 consists of the following materials from FNB Bancorp’s Form 10-Q, formatted in XBRL (eXtensible Business Reporting Language):

101.INS	XBRL Instance Document
101.SCH	XBRL Taxonomy Schema
101.CAL	XBRL Taxonomy Calculation Linkbase
101.DEF	XBRL Taxonomy Definition Linkbase
101.LAB	XBRL Taxonomy Label Linkbase
101.PRE	XBRL Taxonomy Presentation Linkbase

No other changes have been made to the Form 10-Q. This Amendment No. 1 speaks as of the original filing date of the Form 10-Q, does not reflect events that may have occurred subsequent to the original filing date, and does not modify or update in any way disclosures made in the original Form 10-Q.

Pursuant to Rule 406T of Regulation S-T, the interactive data files on Exhibit 101 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, and otherwise are not subject to liability under those sections.

SIGNATURE

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	FNB Bancorp
Date: August 16, 2012	/s/ David A. Curtis
	David A. Curtis
	Senior Vice President and Chief Financial Officer
	(Principal Accounting Officer)

XML

NOTE E - LOANS (Detail) - Modifications As Of December 31, 2011 (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011
NumberOfContracts
Commercial & industrial			$ 5
Real estate 1 to 4 family			2
Commercial real estate			6
Real estate multi family			1
Total	14		14
Pre-ModificationOutstandingRecordedInvestment
Commercial & industrial		2,925	2,987
Real estate 1 to 4 family		994	1,004
Commercial real estate		6,021	9,173
Real estate multi family		3,262	3,283
Total	13,606	13,202	16,447
Post-ModificationOutstandingRecordedInvestment
Commercial & industrial		2,925	2,987
Real estate 1 to 4 family		994	1,004
Commercial real estate		6,021	9,173
Real estate multi family		3,262	3,283
Total		$ 13,202	$ 16,447

XML

NOTE F - FAIR VALUE MEASUREMENT (Detail) - Fair Value MeasurementsAtDecember31,2011OnANon-Recurring Basis (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
FairValueAtLevel3
Impaired loans		$ 8,383
Other real estate owned		2,747
Total impaired assets measured at fair value	12,384	11,130
FairValueDecember312011NonrecurringBasis
Impaired loans		8,383
Other real estate owned		2,747
Total impaired assets measured at fair value		$ 11,130

XML

NOTE E - LOANS (Detail) - AllowanceForCreditLosses6MonthsEndedJune302011 (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended		3 Months Ended		6 Months Ended		3 Months Ended	6 Months Ended		3 Months Ended	6 Months Ended				3 Months Ended	6 Months Ended
	Mar. 31, 2012	Mar. 31, 2011	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012 Total	Jun. 30, 2011 Total	Jun. 30, 2012 Total	Jun. 30, 2011 Total	Jun. 30, 2011 RealEstate1to4Family	Jun. 30, 2011 RealEstate1to4Family	Jun. 30, 2011 Commercial real estate construction	Jun. 30, 2012 Commercial and Industrial	Jun. 30, 2012 Commercial and Industrial	Jun. 30, 2011 Commercial and Industrial	Jun. 30, 2011 Commercial real estate	Jun. 30, 2012 Commercial real estate	Jun. 30, 2012 Consumer loans	Jun. 30, 2012 Consumer loans	Jun. 30, 2011 Consumer loans
Beginning balance					$ 8,287	$ 9,784	$ 9,897	$ 9,524	$ 1,605	$ 1,233	$ 1,999	$ 1,628	$ 1,618	$ 2,102	$ 4,103		$ 63	$ 100	$ 87
Charge-offs					(367)	(475)	(2,392)	(678)				(312)	(1,487)	(100)	(525)		(1)	(4)	(53)
Recoveries					138	10	153	23			18		1	5			1	4
Provision	(400)	(400)	(800)	(850)				850		227	(481)			282	787				35
Ending balance						9,719		9,719	1,460	1,460	1,536	46,480	46,480	2,289	4,365	235,282	2,027	2,027	69
Ending balance: individually evaluated for impairment						2,400		2,400	176	176	143	7,082	7,082	1,223	858	9,471	10	10
Ending balance: collectively evaluated for impairment						$ 7,319		$ 7,319	$ 1,284	$ 1,284	$ 1,393			$ 1,066	$ 3,507				$ 69

XML

NOTE F - FAIR VALUE MEASUREMENT (Detail) - Estimated fair value of financial instruments June 30, 2012 (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011	Jun. 02, 2012 FairValueMeasurementsLevel2	Dec. 31, 2011 FairValueMeasurementsLevel2	Jun. 03, 2012 FairValueMeasurementsLevel3	Dec. 31, 2011 FairValueMeasurementsLevel3	Jun. 01, 2012 FairValueMeasurementsLevel1	Dec. 31, 2011 FairValueMeasurementsLevel1	Jun. 30, 2012 CarryingAmount	Jun. 30, 2012 FairValue	Dec. 31, 2011 FairValue
Cash and cash equivalents							$ 44,856		$ 44,856	$ 44,856
Securities available for sale			195,164	175,030			8,384	12,634	203,548	203,548	187,664
Loans			455,547	445,959	12,384	8,383			461,842	467,931	454,342
Accrued interest receivable	3,621	3,614	3,621	3,614					3,621	3,621	3,614
Accrued interest payable			297	299					297	297	299
Deposits			105,580				546,713		651,843	652,293
Undisbursed loan commitments, lines of credit, standby letters of credit and Mastercard lines of credit					$ 847					$ 847

XML

NOTE E - LOANS (Detail) - Recorded Investment in Loans at June 30, 2012 (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Jun. 30, 2011
Commercial real estate construction
Ending balance	$ 25,644
Ending balance: individually evaluated for impairment	7,238	143
Ending balance: collectively evaluated for impairment	18,406
TotalLoans
Ending balance	461,842
Ending balance: individually evaluated for impairment	33,486
Ending balance: collectively evaluated for impairment	428,356
Real estate multi family
Ending balance	39,960
Ending balance: individually evaluated for impairment	3,242
Ending balance: collectively evaluated for impairment	36,718
Real estate multi family
Ending balance	95,886
Ending balance: individually evaluated for impairment	6,443
Ending balance: collectively evaluated for impairment	89,443
Commercial and Industrial
Ending balance	53,562
Ending balance: individually evaluated for impairment	7,082	1,223
Ending balance: collectively evaluated for impairment	46,480	2,289
Commercial real estate
Ending balance	244,753
Ending balance: individually evaluated for impairment	9,471	858
Ending balance: collectively evaluated for impairment	235,282	4,365
Consumer loans
Ending balance	2,037
Ending balance: individually evaluated for impairment	10
Ending balance: collectively evaluated for impairment	$ 2,027	$ 69

XML

NOTE E - LOANS (Detail) - Impaired Loans At 3 and 6 months Ended June 30, 2012 (Dollar amounts in thousands) Record (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012
ThreeMonthsEndedJune302012AverageRecordedInvestment
Commercial & industrial	$ 1,840
Commercial real estate construction	6,197
Commercial real estate	2,886
Residential - 1 to 4 family	1,539
Total	12,462
Commercial & industrial	3,328
Commercial real estate construction	1,054
Commercial real estate	8,827
Real estate multi-family	3,252
Residential- 1 to 4 family	4,916
Consumer	10
Total	21,387
Commercial & industrial	5,168
Commercial real estate construction	7,251
Commercial real estate	11,713
Real estate multi-family	3,252
Residential - 1 to 4 family	6,455
Consumer	10
Grand total	33,849
SixMonthsEndedJune302012IncomeRecognized
Commercial & industrial	45
Commercial real estate construction	109
Commercial real estate	36
Residential - 1 to 4 family	32
Total	222
Commercial & industrial	60
Commercial real estate construction	29
Commercial real estate	130
Residential- 1 to 4 family	40
Total	259
Commercial & industrial	105
Commercial real estate construction	138
Commercial real estate	166
Residential - 1 to 4 family	72
Grand total	481
SixMonthsEndedJune302012AverageRecordedInvestment
Commercial & industrial	1,888
Commercial real estate construction	6,209
Commercial real estate	2,886
Residential - 1 to 4 family	1,542
Total	12,525
Commercial & industrial	3,358
Commercial real estate construction	1,056
Commercial real estate	10,033
Real estate multi-family	3,263
Residential- 1 to 4 family	4,916
Consumer	10
Total	22,636
Commercial & industrial	5,246
Commercial real estate construction	7,265
Commercial real estate	12,919
Real estate multi-family	3,263
Residential - 1 to 4 family	6,458
Consumer	10
Grand total	35,161
ThreeMonthsEndedJune302012IncomeRecognized
Commercial & industrial	29
Commercial real estate construction	85
Commercial real estate	16
Residential - 1 to 4 family	15
Total	145
Commercial & industrial	39
Commercial real estate construction	14
Commercial real estate	59
Residential- 1 to 4 family	18
Total	130
Commercial & industrial	68
Commercial real estate construction	99
Commercial real estate	75
Residential - 1 to 4 family	33
Grand total	$ 275

XML

NOTE D - SECURITIES AVAILABLE FOR SALE (Detail) - (AmortizedCostCarryingValue (USD $) In Thousands, unless otherwise specified	Dec. 31, 2011
AmortizedCostDecember312011
U.S. Treasury securities	$ 12,371
Obligations of U.S. government agencies	53,150
Mortgage-backed securities	32,606
Obligations of states and political subdivisions	73,674
Corporate debt	10,314
Totals	182,115
UnrealizedLossesDecember31,2011
Obligations of U.S. government agencies	(12)
Mortgage-backed securities	(9)
Obligations of states and political subdivisions	(15)
Corporate debt	(174)
Totals	(210)
UnrealizedGainsDecember312011
U.S. Treasury securities	263
Obligations of U.S. government agencies	964
Mortgage-backed securities	838
Obligations of states and political subdivisions	3,592
Corporate debt	102
Totals	5,759
CarryingValueDecember312011
U.S. Treasury securities	12,634
Obligations of U.S. government agencies	54,102
Mortgage-backed securities	33,435
Obligations of states and political subdivisions	77,251
Corporate debt	10,242
Totals	$ 187,664

XML

NOTE F - FAIR VALUE MEASUREMENT (Detail) (USD $)	Jun. 30, 2012	Dec. 31, 2011
CarryingAmountOfNonaccrualLoansAtJune302012	$ 19,030,000
CarryingAmountOfNonaccrualLoansAtDecember312011		$ 19,098,000

XML

NOTE E - LOANS (Detail) - CreditQualityIndicatorsAsOfjune302012 (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
CreditQualityIndicatorsPass
Commercial & industrial	$ 50,525	$ 35,089
Real estate construction	23,929	25,987
Commercial real estate	233,798	247,253
Real estate multi-family	36,718	33,085
Real estate 1 to 4 family	91,086
Consumer loans	2,027	2,335
Totals	438,083	425,763
CreditQualityIndicatorsSubstandard
Commercial & industrial	2,705	7,720
Real estate construction	1,715	2,242
Commercial real estate	7,578	10,160
Real estate multi-family	3,242	3,284
Real estate 1 to 4 family	4,444
Consumer loans	10
Totals	19,694	27,268
CreditQualityIndicatorsDoubtful
Commercial & industrial	332	265
Real estate 1 to 4 family	356
Totals	688	711
TotalLoans
Commercial & industrial	53,562	43,074
Real estate construction	25,644
Commercial real estate	244,753	257,413
Real estate multi-family	39,960	36,369
Real estate 1 to 4 family	95,886
Consumer loans	2,037	2,335
Totals	461,842
CreditQualityIndicatorsSpecialMention
Commercial real estate	3,377
Totals	$ 3,377

XML

NOTE E - LOANS (Detail) - Modifications At June 30, 2012 (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011
NumberOfContracts
Commercial & industrial	$ 6
Real estate 1 to 4 family	3
Commercial real estate	4
Real estate multi family	1
Total	14		14
Pre-ModificationOutstandingRecordedInvestment
Commercial & industrial	3,584
Real estate 1 to 4 family	1,481
Commercial real estate	5,299
Real estate multi family	3,242
Total	13,606	13,202	16,447
Pre-ModificationOutstandingRecordedInvestment
Commercial & industrial	3,584
Real estate 1 to 4 family	1,481
Commercial real estate	5,299
Real estate multi family	3,242
Total	$ 13,606

XML

NOTE F - FAIR VALUE MEASUREMENT (Detail) - Fair Value Measurements at December 31,2011 (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
FairValueAtLevel1
U. S. Treasury securities	$ 8,384	$ 12,634
Total assets measured at fair value	8,384	12,634
FairValueAtLevel2
Government agencies	64,097	54,102
Mortgage-backed securities	37,422	33,435
Obligations of states and political subdivisions	77,136	77,251
Corporate debt	16,509	10,242
Total assets measured at fair value	195,164	175,030
FairValue12312011
U. S. Treasury securities		12,634
Government agencies		54,102
Mortgage-backed securities		33,435
Obligations of states and political subdivisions		77,251
Corporate debt		10,242
Total assets measured at fair value		$ 187,664

XML

NOTE E - LOANS (Detail) - Allowance for Credit Losses For the Three Months Ended June 30, 2011 (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Commercial real estate construction
Beginning balance		$ 2,105
Recoveries		9
Provision		(578)
Ending balance		1,536
Ending balance: individually evaluated for impairment	7,238	143	7,238	143
Ending balance: collectively evaluated for impairment		1,393		1,393
Consumer loans
Beginning balance		109
Charge-offs		(50)
Provision		10
Ending balance		69
Ending balance: collectively evaluated for impairment		69		69
Total
Beginning balance	8,287	9,784	9,897	9,524
Charge-offs	(367)	(475)	(2,392)	(678)
Recoveries	138	10	153	23
Provision	400	400	800
Ending balance	8,458	9,719	8,458
Ending balance: individually evaluated for impairment		2,400		2,400
Ending balance: collectively evaluated for impairment		7,319		7,319
RealEstate1to4Family
Beginning balance		1,605		1,233
Provision		(145)
Ending balance		1,460
Ending balance: individually evaluated for impairment		176		176
Ending balance: collectively evaluated for impairment		1,284		1,284
CommercialAndIndustrial
Beginning balance		1,605
Charge-offs		100
Recoveries		1
Provision		583
Ending balance		2,289
Ending balance: individually evaluated for impairment		1,223		1,223
Ending balance: collectively evaluated for impairment		1,066		1,066
CommercialRealEstate
Beginning balance		4,360
Charge-offs		(525)
Provision		530
Ending balance		4,365
Ending balance: individually evaluated for impairment		858		858
Ending balance: collectively evaluated for impairment		$ 3,507		$ 3,507

XML

NOTE C - EARNINGS PER SHARE CALCULATION

6 Months Ended

Jun. 30, 2012

Earnings Per Share [Text Block]

NOTE C – EARNINGS PER SHARE CALCULATION

Earnings per common share (EPS) is computed based on the weighted average number of common shares outstanding during the period. Basic EPS excludes dilution and is computed by dividing net earnings available to common stockholders (after deducting dividends and related accretion on preferred stock) by the weighted average of common shares outstanding. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. All common stock equivalents are anti-dilutive when a net loss occurs.

Earnings per share have been computed based on the following :

(Dollar amounts in thousands)	Three months ended				Six months ended
	June 30,				June 30,
	2012		2011		2012		2011
Net earnings	$	1,228	$	1,180	$	2,516	$	1,983
Dividends and discount accretion on preferred stock		157		214		343		428
Net earnings available to common stockholders	$	1,071	$	966	$	2,173	$	1,555
Average number of shares outstanding		3,514,000		3,509,000		3,512,000		3,509,000
Effect of dilutive options		62,000		26,000		51,000		19,000
Average number of shares outstanding used to calculate diluted earnings per share		3,576,000		3,535,000		3,563,000		3,528,000

Antidilutive options that were excluded from the calculation for the quarter and year to date totaled 277,032 and 299,194 in 2012, and 334,997 and 322,797 in 2011, respectively.

XML

NOTE E - LOANS (Detail) - Credit Quality Indicators As of December 31, 2011 (Dollar amounts in thousands) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
CreditQualityIndicatorsPass
Commercial & industrial	$ 50,525	$ 35,089
Real estate construction	23,929	25,987
Commercial real estate	233,798	247,253
Real estate multi-family	36,718	33,085
Real estate 1 to 4 family		82,014
Consumer loans	2,027	2,335
Totals	438,083	425,763
CreditQualityIndicatorsSubstandard
Commercial & industrial	2,705	7,720
Real estate construction	1,715	2,242
Commercial real estate	7,578	10,160
Real estate multi-family	3,242	3,284
Real estate 1 to 4 family		3,862
Consumer loans	10
Totals	19,694	27,268
CreditQualityIndicatorsDoubtful
Commercial & industrial	332	265
Real estate 1 to 4 family		446
Totals	688	711
Total
Commercial & industrial		43,074
Real estate construction		28,229
Commercial real estate		257,413
Real estate multi-family		36,369
Real estate 1 to 4 family		86,322
Consumer loans		2,335
Totals		453,742
CreditQualityIndicatorsSpecialMention
Commercial real estate	3,377
Totals	$ 3,377

XML

NOTE D - SECURITIES AVAILABLE FOR SALE (Detail) - Investments Classified By Contractual Maturity (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012
AmortizedCost
Due in one year or less	$ 12,359
Due after one through five years	84,506
Due after five years through ten years	61,512
Due after ten years	39,332
	197,709
CarryingValueJune302012
Due in one year or less	12,462
Due after one through five years	86,243
Due after five years through ten years	63,750
Due after ten years	41,093
	$ 203,548

XML

NOTE D - SECURITIES AVAILABLE FOR SALE (Detail) - ScheduleofUnrealizedLosses (USD $) In Thousands, unless otherwise specified	6 Months Ended	12 Months Ended
	Jun. 30, 2012	Dec. 31, 2008
	$ 7	$ 9

XML

NOTE F - FAIR VALUE MEASUREMENT (Detail) - Estimated fair value of financial instruments AtDecember312011 (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011	Jun. 02, 2012 FairValueMeasurementsLevel2	Dec. 31, 2011 FairValueMeasurementsLevel2	Jun. 03, 2012 FairValueMeasurementsLevel3	Dec. 31, 2011 FairValueMeasurementsLevel3	Dec. 31, 2011 CarryingValue	Jun. 01, 2012 FairValueMeasurementsLevel1	Dec. 31, 2011 FairValueMeasurementsLevel1	Jun. 30, 2012 FairValue	Dec. 31, 2011 FairValue
Cash and cash equivalents	$ 44,856	$ 38,474					$ 38,474		$ 38,474		$ 38,474
Securities available for sale			195,164	175,030			187,664	8,384	12,634	203,548	187,664
Loans, net			455,547	445,959	12,384	8,383	453,742			467,931	454,342
Accrued interest receivable	3,621	3,614	3,621	3,614			3,614			3,621	3,614
Accrued interest payable			297	299			299			297	299
Deposits				109,364			621,778		512,927		622,291
Undisbursed loan commitments, lines of credit, standby letters of credit and Mastercard lines of credit						$ 945					$ 945

XML

NOTE E - LOANS (Detail) - Allowance for Credit Losses For the Three Months Ended June 30, 2012 (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Total
Beginning balance	$ 8,287	$ 9,784	$ 9,897	$ 9,524
Charge-offs	(367)	(475)	(2,392)	(678)
Recoveries	138	10	153	23
Provision	400	400	800
Ending balance	8,458	9,719	8,458
Ending balance: individually evaluated for impairment	1,257		1,257
Ending balance: collectively evaluated for impairment	7,201		7,201
Real estate multi family
Beginning balance	151		671
Provision	(102)		(622)
Ending balance	49		49
Ending balance: individually evaluated for impairment	42		42
Ending balance: collectively evaluated for impairment	7		7
RealEstateConstruction
Beginning balance	1,055
Charge-offs	(54)
Provision	(167)
Ending balance	834
Ending balance: individually evaluated for impairment	75		75
Ending balance: collectively evaluated for impairment	759		759
Commercial and Industrial
Beginning balance	1,628		1,618	2,102
Charge-offs	(312)		(1,487)	(100)
Recoveries			1	5
Provision	418		1,602
Ending balance	1,734		1,734
Ending balance: individually evaluated for impairment	505		505
Ending balance: collectively evaluated for impairment	1,229		1,229
Commercial Real Estate
Beginning balance	3,592
Recoveries	(2)
Provision	162
Ending balance	3,752
Ending balance: individually evaluated for impairment	477		477
Ending balance: collectively evaluated for impairment	3,275		3,275
RealEstate1To4Family
Beginning balance	1,798
Recoveries	139
Provision	89
Ending balance	2,026
Ending balance: individually evaluated for impairment	157		157
Ending balance: collectively evaluated for impairment	1,869		1,869
Consumer loans
Beginning balance	63		100	87
Charge-offs	(1)		(4)	(53)
Recoveries	1		4
Provision	0		(37)
Ending balance	63		63
Ending balance: individually evaluated for impairment	1		1
Ending balance: collectively evaluated for impairment	$ 62		$ 62

XML

NOTE E - LOANS (Detail) (USD $)	3 Months Ended	6 Months Ended	12 Months Ended	24 Months Ended
	Jun. 30, 2012	Jun. 30, 2012	Dec. 31, 2011	Dec. 31, 2012
NonaccrualLoans	$ 19,030,000	$ 19,030,000	$ 19,098,000
InterestIncomeOnImpairedLoans3MonthsEndedJune302012	275,000
InterestIncomeOnImpairedLoansSixMonthsEndedJune302012		481,000
InterestIncomeOnImpairedLoans12MonthsEndedDecember312011			1,143,000
ImpairedLoansInterestNotCollected3MonthsEndedJune302012	355,000
InterestIncomeNotCollectedOnImpairedLoans6MonthsEndedJune302012		768,000
InterestIncomeNotCollectedOnImpairedLoans12MonthsEndedDecember312011			1,137,000
CumulativeUnpaidInterest3MonthsEndedJune302012	250,000
CumulativeUnpaidInterestOnImpairedLoans6MonthsEndedJune302012		513,000
CumulativeUnpaidInterestOnImpairedLoans12MonthsEndedDecember312011				1,967,000
NonaccrualLoansAtJune302012	19,030,000	19,030,000
NonaccrualLoansAtDecember312011			19,098,000
PastDueLoansAtJune302012	16,854,000	16,854,000
PastDueLoansAtDecember312011			$ 16,951,000

XML

NOTE E - LOANS (Detail) - Loans are summarized as follows at June 30, 2012 and December 31, 2011: (USD $) In Thousands, unless otherwise specified	Jun. 30, 2011 LoansOutstandingJune302012	Dec. 31, 2010 LoansOutstandingDecember312011
Commercial real estate	$ 244,753	$ 257,413
Real estate construction	25,644	28,229
Real estate multi-family	39,960	36,369
Real estate 1 to 4 family	95,886	86,322
Commercial & industrial	53,562	43,074
Consumer loans	2,037	2,335
Gross loans	461,842	453,742
Net deferred loan fees	(84)	(124)
Allowance for loan losses	(8,458)	(9,897)
Net loans	$ 453,300	$ 443,721

XML

NOTE B - STOCK OPTION PLANS

6 Months Ended

Jun. 30, 2012

Stock Option Plans [Text Block]

NOTE B – STOCK OPTION PLANS

Stock option expense is recorded based on the fair value of option contracts issued. The fair value is determined by the expected contract term, the risk free interest rate, the volatility of the Company’s stock price and the level of dividends the Company is expected to pay.

The expected term of options granted is derived from historical plan behavior and represents the period of time that options granted are expected to be outstanding. The risk-free rate for periods within the contractual life of the option is based on the U. S. Treasury yield curve in effect at the time of the grant.

The amount of compensation expense for options recorded in the quarters ended June 30, 2012 and June 30, 2011 was $59,000 and $81,000, respectively. There was an income tax benefit of $22,000 recognized in the statements of earnings for these amounts for the quarter ended June 30, 2012, but no tax benefit recognized for the same quarter ended in 2011. The amount of compensation expense for options recorded in the six months ended June 30, 2012 and 2011 was $121,000 and $154,000, respectively. There was an income tax benefit of $22,000 recognized in the statements of earnings for these amounts for the six months ended June 30, 2012, but no tax benefit recognized for the six months ended June 30, 2011.

7

The intrinsic value for options exercised during the quarter ended June 30, 2012 was $58,000.The intrinsic value for options exercised during the six month period ended June 30, 2012 was $61,000. The intrinsic value of options exercisable as of June 30, 2012 was $620,000. The intrinsic value for options exercised during the quarter and six months ended June 30, 2011 was $6,000.

The amount of total unrecognized compensation expense related to non-vested options at June 30, 2012 was $472,000, and the weighted average period over which it will be amortized is 3.1 years.

XML

NOTE E - LOANS (Detail) - A summary of impaired loans, the related allowance for loan losses, average investment and income re (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012
RecordedInvestmentWithNoRelatedAllowance
Commercial & industrial	$ 1,751
Commercial real estate construction	6,186
Commercial real estate	2,886
Residential - 1 to 4 family	1,527
Total	12,350
Commercial & industrial	3,105
Commercial real estate construction	1,052
Real estate multi-family	3,242
Commercial real estate	8,811
Residential- 1 to 4 family	4,916
Consumer	10
Total	21,136
Commercial & industrial	4,856
Commercial real estate construction	7,238
Real estate multi-family	3,242
Commercial real estate	11,697
Residential - 1 to 4 family	6,443
Consumer	10
Grand total	33,486
UnpaidPrincipalBalanceJune302012
Commercial & industrial	2,327
Commercial real estate construction	6,186
Commercial real estate	3,452
Residential - 1 to 4 family	1,675
Total	13,640
Commercial & industrial	3,421
Commercial real estate construction	1,052
Real estate multi-family	3,369
Commercial real estate	9,987
Residential- 1 to 4 family	4,916
Consumer	10
Total	22,755
Commercial & industrial	5,748
Commercial real estate construction	7,238
Real estate multi-family	3,369
Commercial real estate	13,439
Residential - 1 to 4 family	6,591
Consumer	10
Grand total	36,395
RelatedAllowance
Commercial & industrial	505
Commercial real estate construction	75
Real estate multi-family	42
Commercial real estate	477
Residential- 1 to 4 family	157
Consumer	1
Total	1,257
Commercial & industrial	505
Commercial real estate construction	75
Real estate multi-family	42
Commercial real estate	477
Residential - 1 to 4 family	157
Consumer	1
Grand total	$ 1,257

XML

NOTE E - LOANS (Detail) - AgeAnalysisOfPastDueLoansJune30,2012 (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
TotalLoansPastDue
Commercial & industrial	$ 4,166	$ 1,191
Commercial real estate	5,602	11,727
Commercial real estate -construction		1,076
Real estate multi-family	3,242
Residential	3,844
Total	16,854	16,951
LoansCurrent
Commercial & industrial	49,396
Commercial real estate	239,151
Commercial real estate -construction	25,644
Real estate multi-family	36,718
Residential	92,042
Consumer	2,037
Total	444,988
LoansGreaterThan90DaysPastDue
Commercial & industrial	3,645	232
Commercial real estate	5,102	10,109
Commercial real estate -construction		527
Real estate multi-family	3,242
Residential	3,775
Total	15,764	11,125
LoansPastDue60To89Days
Commercial & industrial	38	712
Residential	69
Total	107	3,341
TotalLoans
Commercial & industrial	53,562	43,074
Commercial real estate	244,753	257,413
Commercial real estate -construction	25,644	28,229
Real estate multi-family	39,960	36,369
Residential	95,886
Consumer	2,037	2,335
Total	461,842	453,742
LoansPastDue32To59Days
Commercial & industrial	483	247
Commercial real estate	500	1,618
Commercial real estate -construction		549
Total	$ 983	$ 2,485

XML

NOTE F - FAIR VALUE MEASUREMENT (Detail) - Fair Valueof assets on a non-recurring basis (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012 FairValueAtLevel3	Dec. 31, 2011 FairValueAtLevel3	Jun. 30, 2011 Losses3MonthsEnded6302011	Jun. 30, 2012 Losses3MonthsEnded6302012	Jun. 30, 2012 FairValue6302012
Impaired loans	$ 12,384		$ 894	$ 225	$ 12,384
Total impaired assets measured at fair value	$ 12,384	$ 11,130	$ 894	$ 225	$ 12,384

XML

Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
ASSETS
Cash and due from banks	$ 44,856	$ 38,474
Securities available-for-sale, at fair value	203,548	187,664
Loans, net of deferred loan fees and allowance for loan losses of $8,458 and $9,897 on June 30, 2012 and December 31, 2011	453,300	443,721
Bank premises, equipment, and leasehold improvements, net	12,916	13,227
Bank owned life insurance	11,594	9,521
Other equity securities	4,603	4,608
Accrued interest receivable	3,621	3,614
Other real estate owned, net	1,923	2,747
Goodwill	1,841	1,841
Prepaid expenses	1,609	2,107
Other assets	8,939	8,117
Total assets	748,750	715,641
Demand, noninterest bearing	159,370	139,382
Demand, interest bearing	63,971	63,308
Savings and money market	323,372	310,237
Time	105,130	108,851
Total deposits	651,843	621,778
Accrued expenses and other liabilities	7,586	6,667
Total liabilities	659,429	628,445
Preferred stock - series C - no par value, authorized and outstanding 12,600 shares (liquidation preference of $1,000 per share)	12,600	12,600
Common stock, no par value, authorized 10,000,000 shares; issued and outstanding 3,514,745 shares at June 30, 2012 and 3,506,405 shares at December 31, 2011	49,097	48,895
Retained earnings	24,179	22,427
Accumulated other comprehensive earnings , net of tax	3,445	3,274
Total stockholders’ equity	89,321	87,196
Total liabilities and stockholders’ equity	$ 748,750	$ 715,641

XML

NOTE E - LOANS (Detail) - Allowance for Credit Losses For the Six Months Ended June 30, 2012 (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Commercial Real Estate Construction
Beginning balance			$ 1,171
Charge-offs			(54)
Recoveries			0
Provision			(283)
Ending balance			834
Ending balance: individually evaluated for impairment	75		75
Ending balance: collectively evaluated for impairment	759		759
Total
Beginning balance	8,287	9,784	9,897	9,524
Charge-offs	(367)	(475)	(2,392)	(678)
Recoveries	138	10	153	23
Provision	400	400	800
Ending balance	8,458	9,719	8,458
Ending balance: individually evaluated for impairment	1,257		1,257
Ending balance: collectively evaluated for impairment	7,201		7,201
Real estate multi family
Beginning balance	151		671
Provision	(102)		(622)
Ending balance	49		49
Ending balance: individually evaluated for impairment	42		42
Ending balance: collectively evaluated for impairment	7		7
Commercial real estate
Beginning balance			4,745
Charge-offs			(738)
Recoveries			0
Provision			(255)
Ending balance			3,752
Ending balance: individually evaluated for impairment	477		477
Ending balance: collectively evaluated for impairment	3,275		3,275
Commercial and Industrial
Beginning balance	1,628		1,618	2,102
Charge-offs	(312)		(1,487)	(100)
Recoveries			1	5
Provision	418		1,602
Ending balance	1,734		1,734
Ending balance: individually evaluated for impairment	505		505
Ending balance: collectively evaluated for impairment	1,229		1,229
Real estate 1 to 4 family
Beginning balance			1,592
Charge-offs			(109)
Recoveries			148
Provision			395
Ending balance			2,026
Ending balance: individually evaluated for impairment	157		157
Ending balance: collectively evaluated for impairment	1,869		1,869
Consumer loans
Beginning balance	63		100	87
Charge-offs	(1)		(4)	(53)
Recoveries	1		4
Provision	0		(37)
Ending balance	63		63
Ending balance: individually evaluated for impairment	1		1
Ending balance: collectively evaluated for impairment	$ 62		$ 62

XML

Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Net earnings	$ 2,516	$ 1,983
Net gain on sale of securities available-for-sale	(809)	(150)
Depreciation, amortization and accretion	1,680	1,332
Loss (gain) on sale of other real estate owned	5	(66)
Stock-based compensation expense	121	154
Provision for loan losses	800	850
(Increase) decrease in accrued interest receivable	(7)	691
Decrease in prepaid expense	498	877
Increase in bank-owned life insurance	(2,073)	(166)
(Increase) decrease in other assets	(801)	25
Valuation allowance on other real estate owned		230
Increase (decrease) in accrued expenses and other liabilities	800	(205)
Net cash provided by operating activities	2,730	5,555
Purchase of securities available-for-sale	(43,995)	(29,786)
Proceeds from matured/called/sold securities available-for-sale	28,269	14,655
Investment, net of redemption, in other equity securities	5	317
Proceeds from sale of other real estate owned	832	4,078
Net investment in other real estate owned	(13)
Net (increase) decrease in loans	(10,379)	14,222
Purchases of bank premises, equipment, leasehold improvements	(427)	(842)
Net cash (used in) provided by investing activities	(25,708)	2,644
Net increase in demand and savings deposits	33,786	11,854
Net decrease in time deposits	(3,721)	(11,786)
Dividends paid on common stock	(421)	(167)
Exercise of stock options	59	7
Dividends paid on preferred stock series A and B		(327)
Dividends on preferred stock series C	(343)
Net cash (used in) provided by financing activities	29,360	(419)
NET INCREASE IN CASH AND CASH EQUIVALENTS	6,382	7,780
Cash and cash equivalents at beginning of period	38,474	60,874
Cash and cash equivalents at end of period	44,856	68,654
Interest paid	1,338	1,728
Income taxes paid	930	1,090
Change in unrealized gain in available for-sale securities, net of tax	648	1,444
Deemed dividends on preferred stock		$ 101

XML

NOTE E - LOANS (Detail) - Impaired Loans 3 Months And 6 months Ended June 30, 2011 Unpaid (USD $) In Thousands, unless otherwise specified	Jun. 30, 2011
3monthsendedjune302011incomerecognized
Commercial & industrial	$ 41
Commercial real estate	30
Residential - 1 to 4 family	11
Total	82
Commercial	8
Commercial real estate construction	37
Commercial real estate	11
Residential- 1 to 4 family	18
Total	74
Commercial & industrial	49
Commercial real estate construction	37
Commercial real estate	41
Residential - 1 to 4 family	29
Grand total	156
6monthsendedjune302011averagerecordedinvestment
Commercial & industrial	4,962
Commercial real estate	1,934
Residential - 1 to 4 family	1,082
Total	7,978
Commercial	4,125
Commercial real estate construction	8,402
Commercial real estate	6,746
Residential- 1 to 4 family	2,256
Total	21,529
Commercial & industrial	9,087
Commercial real estate construction	8,402
Commercial real estate	8,680
Residential - 1 to 4 family	3,338
Grand total	29,507
6monthsendedjune302011incomerecognized
Commercial & industrial	45
Commercial real estate	27
Residential - 1 to 4 family	12
Total	84
Commercial	8
Commercial real estate construction	65
Commercial real estate	9
Residential- 1 to 4 family	20
Total	102
Commercial & industrial	53
Commercial real estate construction	65
Commercial real estate	36
Residential - 1 to 4 family	32
Grand total	186
3monthsendedjune302011averagerecordedinvestment
Commercial & industrial	5,566
Commercial real estate	1,933
Residential - 1 to 4 family	1,069
Total	8,568
Commercial	4,102
Commercial real estate construction	8,400
Commercial real estate	6,710
Residential- 1 to 4 family	2,255
Total	21,467
Commercial & industrial	9,667
Commercial real estate construction	8,400
Commercial real estate	8,643
Residential - 1 to 4 family	3,325
Grand total	$ 30,035

XML

NOTE C - EARNINGS PER SHARE CALCULATION (Detail) - EarnnigsPerShareCalculation (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended		6 Months Ended		12 Months Ended	6 Months Ended		3 Months Ended
	Mar. 31, 2012	Mar. 31, 2011	Jun. 30, 2012	Jun. 30, 2011	Dec. 31, 2008	Jun. 30, 2011 Earnings6MonthsEndedJune302011	Jun. 30, 2012 Earnings6MonthsEndedJune302012	Jun. 30, 2011 Earnings3MonthsEndedJune302011	Jun. 30, 2012 Earnings3MonthsEndedJune302012
Net earnings			$ 7		$ 9	$ 1,983	$ 2,516	$ 1,180	$ 1,228
Dividends and discount accretion on preferred stock						428	343	214	157
Net earnings available to common stockholders						1,555	2,173	966	1,071
Average number of shares outstanding (in Shares)						3,509,000	3,512,000	3,509,000	3,514,000
Effect of dilutive options						$ 19,000	$ 51,000	$ 26,000	$ 62,000
Average number of shares outstanding used to calculate diluted earnings per share (in Shares)	3,576,000	3,535,000	3,563,000	3,528,000		3,528,000	3,563,000	3,535,000	3,576,000

XML

NOTE E - LOANS (Detail) - LoansOn NonAccrualStatusJune30,2012andDecember312011 (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012 LoansOnNonAccrualStatusJune302012	Dec. 31, 2011
Commercial & industrial	$ 5,805	$ 7,019
Real estate - construction	115	642
Commercial real estate	5,102	6,826
Real estate multi-family	3,242	3,283
Real estate 1 to 4 family	4,756	1,328
Consumer	10
Total	$ 19,030	$ 19,098

XML

NOTE D - SECURITIES AVAILABLE FOR SALE (Detail) - AvailableForSaleSecurities (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012
UnrealizedGains
U. S. Treasury securities	$ 172
Obligations of U.S. Government agencies	1,102
Mortgage backed securities	1,260
Obligations of states and political subdivisions	3,290
Corporate debt	190
Totals	6,014
AmortizedCost
U. S. Treasury securities	8,212
Obligations of U.S. Government agencies	62,995
Mortgage backed securities	36,162
Obligations of states and political subdivisions	73,885
Corporate debt	16,455
Totals	197,709
CarryingValue
U. S. Treasury securities	8,384
Obligations of U.S. Government agencies	64,097
Mortgage backed securities	37,422
Obligations of states and political subdivisions	77,136
Corporate debt	16,509
Totals	203,548
UnrealizedLosses
Obligations of states and political subdivisions	(39)
Corporate debt	(136)
Totals	$ (175)

XML

NOTE A - BASIS OF PRESENTATION

6 Months Ended

Jun. 30, 2012

Basis Of Presentation

NOTE A – BASIS OF PRESENTATION

FNB Bancorp (the “Company”) is a bank holding company registered under the Bank Holding Company Act of 1956, as amended. The Company was incorporated under the laws of the State of California on February 28, 2001. The consolidated financial statements include the accounts of FNB Bancorp and its wholly owned subsidiary, First National Bank of Northern California (the “Bank”). The Bank provides traditional banking services in San Mateo and San Francisco counties.

All intercompany transactions and balances have been eliminated in consolidation. The financial statements include all adjustments of a normal and recurring nature, which are, in the opinion of management, necessary for a fair presentation of the financial position and of operationsresults for the interim periods presented, as required by Regulation S-X, Rule 10-01.

The accompanying unaudited financial statements have been prepared in accordance with the instructions to Form 10-Q and, therefore, do not include all information and footnotes normally included in financial statements prepared in conformity with accounting principles generally accepted in the United States of America. Accordingly, these financial statements should be read in conjunction with the audited financial statements and notes thereto for the year ended December 31, 2011.

Results of operations for interim periods are not necessarily indicative of results for the full year.

XML

Consolidated Balance Sheets (Parentheticals) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
allowance for loan losses	$ 9,784	$ 9,524

XML

NOTE E - LOANS (Tables)

6 Months Ended

Jun. 30, 2012

LoansOutstandingAtJune30,2011andDecember 31,2010

	June 30			December 31
(Dollar amounts in thousands)	2012			2011
Commercial real estate	$	244,753		$	257,413
Real estate construction		25,644			28,229
Real estate multi-family		39,960			36,369
Real estate 1 to 4 family		95,886			86,322
Commercial & industrial		53,562			43,074
Consumer loans		2,037			2,335
Gross loans		461,842			453,742
Net deferred loan fees		(84	)		(124	)
Allowance for loan losses		(8,458	)		(9,897	)
Net loans	$	453,300		$	443,721

Property, Plant and Equipment [Table Text Block]

	Total		< 12 Months			Total		12 Months or >			Total		Total
December 31, 2011:	Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
(Dollar amounts in thousands)	Value		Losses			Value		Losses			Value		Losses
Obligations of U.S. government agencies	$	6,293	$	(12	)	$		$	—		$	6,293	$	(12)
Mortgage-backed securities		6,466		(9	)		—		—			6,466		(9)
Obligations of states and political subdivisions		2,744		(15	)		—		—			2,744		(15)
Corporate debt		5,554		(173	)		500		(1	)		6,054		(174)
Total	$	21,057	$	(209	)	$	500	$	(1	)	$	21,557	$	(210)

ImpairedLoans3And6MonthsRelatedAllowance

	Impaired Loans
	For the Year Ended December 31, 2011
			Unpaid
(Dollar amounts in thousands)	Recorded		Principal		Related
	Investment		Balance		Allowance
With no related allowance recorded
Commercial & industrial	$	2,926	$	3,560	$	—
Commercial real estate construction		6,232		6,232		—
Commercial real estate		3,269		3,835		—
Residential- 1 to 4 family		1,059		1,145		—
Total		13,486		14,772		—
With an allowance recorded
Commercial & industrial	$	5,881		5,896	$	428
Commercial real estate construction		1,586		1,686		214
Commercial real estate		11,767		11,767		727
Residential- 1 to 4 family		2,254		2,262		200
Total		21,488		21,611		1,569
Total
Commercial & industrial	$	8,807	$	9,456	$	428
Commercial real estate construction		7,818		7,918		214
Commercial real estate		15,036		15,602		727
Residential - 1 to 4 family		3,313		3,407		200
Grand total	$	34,974	$	36,383	$	1,569

TroubledDebtRestructuringsAtJune302012

	Modifications
	As of June 30, 2012
			Pre-		Post-
			Modification		Modification
			Outstanding		Outstanding
	Number of		Recorded		Recorded
	Contracts		Investment		Investment
(Dollar amounts in thousands)
Commercial & industrial		6	$	3,584	$	3,584
Real estate 1 to 4 family		3		1,481		1,481
Commercial real estate		4		5,299		5,299
Real estate multi family		1		3,242		3,242
Total		14		13,606		13,606

XML

Document And Entity Information (USD $)	6 Months Ended
	Jun. 30, 2012	Aug. 03, 2012
Document and Entity Information [Abstract]
Entity Registrant Name	FNB Bancorp/CA/
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		3,514,745
Entity Public Float	$ 41,584,042
Amendment Flag	false
Entity Central Index Key	0001163199
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Jun. 30, 2012
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q2

XML

NOTE F - FAIR VALUE MEASUREMENT (Tables)

6 Months Ended

Jun. 30, 2012

FairValueMeasurementsJune302012AssetsMeasuredOnARecurringBasis

			Fair Value Measurements
(Dollar amounts in thousands)			at June 30, 2012, Using
			Quoted Prices
			in Active
			Markets		Other		Significant
			for Identical		Observable		Unobservable
	Fair Value		Assets		Inputs		Inputs
Description	6/30/2012		(Level 1)		(Level 2)		(Level 3)
U. S. Treasury securities	$	8,384	$	8,384	$	—	$	—
Obligations of U.S.
Government agencies		64,097		—		64,097		—
Mortgage-backed securities		37,422		—		37,422		—
Obligations of states and political subdivisions		77,136		—		77,136		—
Corporate debt		16,509		—		16,509		—
Total assets measured at fair value	$	203,548	$	8,384	$	195,164	$	—

Property, Plant and Equipment [Table Text Block]

	Total		< 12 Months			Total		12 Months or >			Total		Total
December 31, 2011:	Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
(Dollar amounts in thousands)	Value		Losses			Value		Losses			Value		Losses
Obligations of U.S. government agencies	$	6,293	$	(12	)	$		$	—		$	6,293	$	(12)
Mortgage-backed securities		6,466		(9	)		—		—			6,466		(9)
Obligations of states and political subdivisions		2,744		(15	)		—		—			2,744		(15)
Corporate debt		5,554		(173	)		500		(1	)		6,054		(174)
Total	$	21,057	$	(209	)	$	500	$	(1	)	$	21,557	$	(210)

XML

Consolidated statement of Earnings (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2012	Mar. 31, 2011	Jun. 30, 2012	Jun. 30, 2011
Interest and fees on loans	$ 6,758	$ 7,407	$ 13,513	$ 14,845
Interest on taxable securities	617	462	1,230	866
Interest on tax-exempt securities	503	401	1,017	778
Total interest income	7,878	8,270	15,760	16,489
Deposits	653	857	1,337	1,741
Total interest expense	653	857	1,337	1,741
Net interest income	7,225	7,413	14,423	14,748
Provision for loan losses	400	400	800	850
Net interest income after provision for loan losses	6,825	7,013	13,623	13,898
Service charges	744	811	1,496	1,508
Credit card fees	155	178	308	328
Net gain on sale of available-for-sale securities	325	128	809	150
Bank owned life insurance earnings	111	84	578	165
Other income	80	188	144	251
Total noninterest income	1,415	1,389	3,335	2,402
Salaries and employee benefits	3,645	3,423	7,419	6,909
Occupancy expense	598	585	1,198	1,141
Equipment expense	432	417	878	825
Professional fees	383	393	971	757
FDIC assessment	156	300	336	675
Telephone, postage and supplies	271	298	549	611
Operating (recoveries) losses	(56)	10	52	234
Bankcard expenses	157	165	313	301
Data processing expense	138	154	276	286
Low income housing expense	70	69	139	139
(Gain) loss on sale of other real estate owned	(9)	25	(4)	(66)
Loss on impairment of other real estate owned		230		230
Other real estate owned expense	15	73	51	261
Other expense	698	630	1,373	1,217
Total noninterest expense	6,498	6,772	13,551	13,520
Earnings before provision for income tax expense	1,742	1,630	3,407	2,780
Provision for income tax expense	514	450	891	797
Net earnings	1,228	1,180	2,516	1,983
Dividends and discount accretion on preferred stock	157	214	343	428
Net earnings available to common stockholders	$ 1,071	$ 966	$ 2,173	$ 1,555
Basic (in Dollars per share)	$ 0.30	$ 0.28	$ 0.62	$ 0.44
Diluted (in Dollars per share)	$ 0.30	$ 0.27	$ 0.61	$ 0.44
Basic (in Shares)	3,514	3,509	3,512	3,509
Diluted (in Shares)	3,576	3,535	3,563	3,528

XML

NOTE F - FAIR VALUE MEASUREMENT

Jun. 30, 2012

Fair Value Measurement. [Text Block]

The following tables present information about the Company’s assets and liabilities measured at fair value as of June 30, 2012 and December 31, 2011, and indicate the fair value techniques used by the Company to determine such fair value. In general, fair values determined by Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access. Level 2 inputs include quoted prices for similar assets and liabilities in active markets, and inputs other than quoted prices that are observable for the asset or liability, such as interest rates and yield curves that are observable at commonly quoted intervals. Level 3 inputs are unobservable inputs for the asset or liability, and include situations where there is little, if any, market activity for the asset or liability. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level in the fair value hierarchy within which the fair value measurement in its entirety falls has been determined based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset or liability.

The following tables present the recorded amounts of assets measured at fair value on a recurring basis:

			Fair Value Measurements
(Dollar amounts in thousands)			at June 30, 2012, Using
			Quoted Prices
			in Active
			Markets		Other		Significant
			for Identical		Observable		Unobservable
	Fair Value		Assets		Inputs		Inputs
Description	6/30/2012		(Level 1)		(Level 2)		(Level 3)
U. S. Treasury securities	$	8,384	$	8,384	$	—	$	—
Obligations of U.S.
Government agencies		64,097		—		64,097		—
Mortgage-backed securities		37,422		—		37,422		—
Obligations of states and political subdivisions		77,136		—		77,136		—
Corporate debt		16,509		—		16,509		—
Total assets measured at fair value	$	203,548	$	8,384	$	195,164	$	—

			Fair Value Measurements
(Dollar amounts in thousands)			at December 31, 2011, Using
			Quoted Prices
			in Active
			Markets		Other		Significant
			for Identical		Observable		Unobservable
	Fair Value		Assets		Inputs		Inputs
Description	12/31/2011		(Level 1)		(Level 2)		(Level 3)
U. S. Treasury securities	$	12,634	$	12,634	$	—	$	—
Obligations of U.S.
Government agencies		54,102		—		54,102		—
Mortgage-backed securities		33,435		—		33,435		—
Obligations of states and political subdivisions		77,251		—		77,251		—
Corporate debt		10,242		—		10,242		—
Total assets measured at fair value	$	187,664	$	12,634	$	175,030	$	—

The following tables present the recorded amount of assets measured at fair value on a non-recurring basis:

(Dollar amounts in thousands)			Fair Value Measurements at June 30, 2012, Using
			Quoted Prices						Losses		Losses
			in Active						for three		for three
			Markets		Other		Significant		months		months
			for Identical		Observable		Unobservable		ended		ended
	Fair Value		Assets		Inputs		Inputs		June 30,		June 30,
Description	6/30/2012		(Level 1)		(Level 2)		(Level 3)		2012		2011
Impaired loans	$	12,384	$	—	$	—	$	12,384	$	225		894
Total impaired assets measured at fair value	$	12,384	$	—	$	—	$	12,384	$	225	$	894

			Fair Value Measurements
(Dollar amounts in thousands)			at December 31, 2011, Using
			Quoted Prices in
			Active Markets		Other		Significant
			for Identical		Observable		Unobservable
	Fair Value		Assets		Inputs		Inputs
Description	12/31/11		(Level 1)		(Level 2)		(Level 3)
Impaired loans	$	8,383	$	—	$	—	$	8,383
Other real estate owned		2,747		—		—		2,747
Total impaired assets measured at fair value	$	11,130	$	—	$	—	$	11,130

The Bank does not record loans at fair value. However, from time to time, if a loan is considered impaired, a specific allocation within the allowance for loan losses may be required. Loans for which it is probable that payment of interest and principal will not be made in accordance with the contractual terms of the loan agreement are considered impaired. The fair value of impaired loans is estimated using one of several methods, including collateral value, market value of similar debt, enterprise value, liquidation value and cash flows. Those impaired loans not requiring an allowance represent loans for which the value of the expected repayments or collateral exceed the recorded investments in such loans. Impaired loans where an allowance is established based on the fair value of collateral or when the impaired loan has been written down to fair value require classification in the fair value hierarchy. If the fair value of the collateral is based on an observable market price or a current appraised value, the Bank records the impaired loans as nonrecurring Level 3. When an appraised value is not available, or management determines the fair value of the collateral is further impaired below the appraised value and there is no observable market price, the Bank also records the impaired loans as nonrecurring Level 3.

Other real estate owned is carried at the lower of historical cost or fair market value. An appraisal (a Level 3 valuation) is obtained at the time the Company acquires property through the foreclosure process. Any loan balance outstanding that exceeds the appraised value of the property is charged off against the allowance for loan loss at the time the property is acquired. Subsequent to acquisition, the Bank updates the property’s appraised value on at least an annual basis. If the value of the property has declined during the year, a loss due to valuation impairment charge is recorded along with a corresponding reduction in the book carrying value of the property.

Fair Values of Financial Instruments.

The following methods and assumptions were used by the Company in estimating the fair value disclosures for financial instruments:

Cash and Cash Equivalents.

The carrying amounts reported in the balance sheet for cash and short-term instruments are a reasonable estimate of fair value, which will approximate their historical cost.

Securities Available-for-Sale.

Fair values for investment securities are based on quoted market prices, where available. If quoted market prices are not available, fair values are based on quoted market prices of comparable instruments.

Loans Receivable.

For variable-rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values and credit risk factors. For fixed rate loans, fair values are based on discounted cash flows, credit risk factors, and liquidity factors.

Deposit liabilities.

The fair values disclosed for demand deposits (e.g., interest and non-interest checking, savings, and money market accounts) are, by definition, equal to the amount payable on demand at the reporting date (i.e., their carrying amounts). The fair values for fixed-rate certificates of deposit are based on discounted cash flows.

Federal Home Loan Bank Advances.

The fair values of Federal Home Loan Bank Advances are based on discounted cash flows. The discount rate is equal to the market rate currently offered by similar products.

Interest Receivable and Payable

The interesrt receivable and payable balances approximate their fair value due to the short-term nature of their settlement dates.

Undisbursed loan commitments, lines of credit, Mastercard line and standby letters of credit.

The fair value of these off-balance sheet items are based on discounted cash flows of expected fundings.

The Bank has excluded non-financial assets and non-financial liabilities, such as Bank premises and equipment, deferred taxes and other liabilities.

The following table provides summary information on the estimated fair value of financial instruments at June 30, 2012:

(Dollar amounts in thousands)	Carrying		Fair		Fair value measurements
	amount		value		Level 1		Level 2		Level 3
Financial assets:
Cash and cash equivalents	$	44,856	$	44,856	$	44,856
Securities available for sale		203,548		203,548		8,384	$	195,164
Loans		461,842		467,931				455,547	$	12,384
Accrued interest receivable		3,621		3,621				3,621
Financial liabilities:
Accrued interest payable		297		297				297
Deposits		651,843		652,293		546,713		105,580
Off-balance-sheet liabilities:
Undisbursed loan commitments, lines of credit, standby letters of credit and Mastercard lines of credit		—		847					847

The carrying amount of loans include $19,030,000 of nonaccrual loans (loans that are not accruing interest) as of June 30, 2012. The fair value of nonaccrual loans is based on the collateral values that secure the loans or the cash flows expected to be received.

The following table provides summary information on the estimated fair value of financial instruments at December 31, 2011:

(Dollar amounts in thousands)	Carrying		Fair		Fair value measurements
	amount		value		Level 1		Level 2		Level 3
Financial assets:
Cash and cash equivalents	$	38,474	$	38,474	$	38,474
Securities available for sale		187,664		187,664		12,634	$	175,030
Loans, net		453,742		454,342				445,959	$	8,383
Accrued interest receivable		3,614		3,614				3,614
Financial liabilities:
Accrued interest payable		299		299				299
Deposits		621,778		622,291		512,927		109,364
Off-balance-sheet liabilities:
Undisbursed loan commitments, lines of credit, standby letters of credit and Mastercard lines of credit		—		945					945

The carrying amount of loans include $19,098,000 of nonaccrual loans (loans that are not accruing interest) as of December 31, 2011. The fair value of nonaccrual loans is based on the collateral values that secure the loans or the cash flows expected to be received.

XML

NOTE E - LOANS

Jun. 30, 2012

Loans At June 302012 And December 312011

NOTE E – LOANS

Loans are summarized as follows at June 30, 2012 and December 31, 2011:

	June 30			December 31
(Dollar amounts in thousands)	2012			2011
Commercial real estate	$	244,753		$	257,413
Real estate construction		25,644			28,229
Real estate multi-family		39,960			36,369
Real estate 1 to 4 family		95,886			86,322
Commercial & industrial		53,562			43,074
Consumer loans		2,037			2,335
Gross loans		461,842			453,742
Net deferred loan fees		(84	)		(124	)
Allowance for loan losses		(8,458	)		(9,897	)
Net loans	$	453,300		$	443,721

A summary of impaired loans, the related allowance for loan losses, average investment and income recognized on impaired loans follows.

		Impaired Loans At June 30, 2012
(Dollar amounts in thousands)		Recorded Investment		Unpaid Principal Balance		Related Allowance
With no related allowance recorded
Commercial & industrial	$	1,751	$	2,327	$	─
Commercial real estate construction		6,186		6,186		─
Commercial real estate		2,886		3,452		─
Residential - 1 to 4 family		1,527		1,675		─
Total		12,350		13,640		─
With an allowance recorded
Commercial & industrial	$	3,105	$	3,421	$	505
Commercial real estate construction		1,052		1,052		75
Real estate multi-family		3,242		3,369		42
Commercial real estate		8,811		9,987		477
Residential- 1 to 4 family		4,916		4,916		157
Consumer		10		10		1
Total		21,136		22,755		1,257
Total
Commercial & industrial	$	4,856	$	5,748	$	505
Commercial real estate construction		7,238		7,238		75
Real estate multi-family		3,242		3,369		42
Commercial real estate		11,697		13,439		477
Residential - 1 to 4 family		6,443		6,591		157
Consumer		10		10		1
Grand total	$	33,486	$	36,395	$	1,257

	Impaired Loans
	3 months ended June 30, 2012				6 months ended June 30, 2012
	Average				Average
(Dollar amounts in thousands)	Recorded		Income		Recorded		Income
	Investment		Recognized		Investment		Recognized
With no related allow ance recorded
Commercial & industrial	$	1,840	$	29	$	1,888	$	45
Commercial real estate construction		6,197		85		6,209		109
Commercial real estate		2,886		16		2,886		36
Residential - 1 to 4 family		1,539		15		1,542		32
Total		12,462		145		12,525		222
With an allow ance recorded
Commercial & industrial	$	3,328	$	39	$	3,358	$	60
Commercial real estate construction		1,054		14		1,056		29
Commercial real estate		8,827		59		10,033		130
Real estate multi-family		3,252		—		3,263		—
Residential- 1 to 4 family		4,916		18		4,916		40
Consumer		10		—		10		—
Total		21,387		130		22,636		259
Total
Commercial & industrial	$	5,168		68	$	5,246	$	105
Commercial real estate construction		7,251		99		7,265		138
Commercial real estate		11,713		75		12,919		166
Real estate multi-family		3,252		—		3,263		—
Residential - 1 to 4 family		6,455		33		6,458		72
Consumer		10		—		10		—
Grand total	$	33,849	$	275	$	35,161	$	481

	Impaired Loans
	For the Year Ended December 31, 2011
			Unpaid
(Dollar amounts in thousands)	Recorded		Principal		Related
	Investment		Balance		Allowance
With no related allowance recorded
Commercial & industrial	$	2,926	$	3,560	$	—
Commercial real estate construction		6,232		6,232		—
Commercial real estate		3,269		3,835		—
Residential- 1 to 4 family		1,059		1,145		—
Total		13,486		14,772		—
With an allowance recorded
Commercial & industrial	$	5,881		5,896	$	428
Commercial real estate construction		1,586		1,686		214
Commercial real estate		11,767		11,767		727
Residential- 1 to 4 family		2,254		2,262		200
Total		21,488		21,611		1,569
Total
Commercial & industrial	$	8,807	$	9,456	$	428
Commercial real estate construction		7,818		7,918		214
Commercial real estate		15,036		15,602		727
Residential - 1 to 4 family		3,313		3,407		200
Grand total	$	34,974	$	36,383	$	1,569

	Impaired Loans
	3 months ended				6 months ended
	June 30, 2011				June 30, 2011
	Average				Average
(Dollar amounts in thousands)	Recorded		Income		Recorded		Income
		Investment		Recognized		Investment		Recognized
With no related allowance recorded
Commercial & industrial	$	5,566	$	41	$	4,962	$	45
Commercial real estate		1,933		30		1,934		27
Residential - 1 to 4 family		1,069		11		1,082		12
Total		8,568		82		7,978		84
With an allowance recorded
Commercial	$	4,102	$	8	$	4,125	$	8
Commercial real estate construction		8,400		37		8,402		65
Commercial real estate		6,710		11		6,746		9
Residential- 1 to 4 family		2,255		18		2,256		20
Total		21,467		74		21,529		102
Total
Commercial & industrial	$	9,667		49	$	9,087	$	53
Commercial real estate construction		8,400		37		8,402		65
Commercial real estate		8,643		41		8,680		36
Residential - 1 to 4 family		3,325		29		3,338		32
Grand total	$	30,035	$	156	$	29,507	$	186

Nonaccrual loans totaled $19,030,000 and $19,098,000 as of June 30, 2012 and December 31, 2011. The difference between impaired loans and nonaccrual loans represents loans that are restructured, are performing under modified agreements, and accruing interest.

The following aggregate information is provided at June 30, 2012 and December 31, 2011, about the contractual balances of nonaccrual loans:

	Loans on Nonaccrual Status as of
(Dollar amounts in thousands)	June 30,		December 31,
	2012		2011
Commercial & industrial	$	5,805	$	7,019
Real estate - construction		115		642
Commercial real estate		5,102		6,826
Real estate multi-family		3,242		3,283
Real estate 1 to 4 family		4,756		1,328
Consumer		10		—
Total	$	19,030	$	19,098

Interest income on impaired loans of $275,000 and $481,000 was recognized for the three and six months ended June 30, 2012, and $1,143,000 was recognized from cash payments received during the year ended December 31, 2011. The amount of interest on impaired loans not collected for the three and six months ended June 30, 2012 was $355,000 and $768,000, and the year ended December 31, 2011 was $1,137,000. The cumulative amount of unpaid interest on impaired loans was $250,000 and $513,000 for the three and six months ended June 30, 2012, and $1,967,000 for the year ended December 31, 2011.

The Company offers a variety of modifications to borrowers. The modification categories offered can generally be described in the following categories.

Rate Modification – A modification in which the interest rate is changed.

Term modification – A modification in which the maturity date, timing of payments, or frequency of payments is changed.

Interest Only Modification – A modification in which the loan is converted to interest only payments for a period of time.

Payment Modification – A modification in which the dollar amount of the payment is changed, other than an interest only modification described above.

As of June 30, 2012 and 2011, respectively, there were no available commitments for troubled debt restructurings.

A summary of the number, principal amounts outstanding for troubled debt restructurings were as follows as of June 30, 2012 and December 31, 2011.

	Modifications
	As of June 30, 2012
			Pre-		Post-
			Modification		Modification
			Outstanding		Outstanding
	Number of		Recorded		Recorded
	Contracts		Investment		Investment
(Dollar amounts in thousands)
Commercial & industrial		6	$	3,584	$	3,584
Real estate 1 to 4 family		3		1,481		1,481
Commercial real estate		4		5,299		5,299
Real estate multi family		1		3,242		3,242
Total		14		13,606		13,606

	Modifications
	As of March 31, 2012
			Pre-		Post-
			Modification		Modification
			Outstanding		Outstanding
	Number of		Recorded		Recorded
	Contracts		Investment		Investment
Troubled Debt Restructurings:
Commercial & industrial		5	$	2,925	$	2,925
Real estate 1 to 4 family		2		994		994
Commercial real estate		5		6,021		6,021
Real estate multi family		1		3,262		3,262
Total		13	$	13,202	$	13,202

None of these loans defaulted within twelve months following the date of restructure. All restructurings were a modification of interest rate and/or impairment. There were no principal reductions granted.

	Modifications
	As of December 31, 2011
				Pre-			Post-
				Modification			Modification
				Outstanding			Outstanding
		Number of		Recorded			Recorded
		Contracts		Investment			Investment
(Amounts in thousands)
Commercial & industrial			5	$	2,987	$		2,987
Real estate 1 to 4 family			2		1,004			1,004
Commercial real estate			6		9,173			9,173
Real estate multi family			1		3,283			3,283
Total			14		16,447			16,447

Risk rating system

Loans to borrowers graded as pass or pooled loans represent loans to borrowers of acceptable or better credit quality. They demonstrate sound financial positions, repayment capacity and credit history. They have an identifiable and stable source of repayment.

Special mention loans have potential weaknesses that deserve management’s attention. If left uncorrected these potential weaknesses may result in a deterioration of the repayment prospects for the asset or in the Bank’s credit position at some future date. These assets are not adversely classified and do not expose the Bank to sufficient risk to warrant adverse classification.

Substandard loans are inadequately protected by current sound net worth, paying capacity of the borrower, or pledged collateral. Loans are normally classified as Substandard when there are unsatisfactory characteristics causing more than acceptable levels of risk. A substandard loan normally has one or more well-defined weakness that could jeopardize the repayment of the debt. For example, a) cash flow deficiency, which may jeopardize future payments; b) sale of non-collateral assets has become primary source of repayment; c) the borrower is bankrupt; or d) for any other reason, future repayment is dependent on court action.

Doubtful loans represent credits with weakness inherent in the Substandard classification and where collection or liquidation in full is highly questionable. To be classified Doubtful, there must be specific pending factors which prevent the Loan Review Officer from determining the amount of loss contained in the credit. When the amount of loss can be reasonably estimated, that amount is classified as “loss” and the remainder is classified as Substandard.

Commercial Real Estate Loans

Our commercial real estate loans are made primarily to investors or small businesses where our primary source of repayment is from cash flows generated by the properties, either through rent collection or business profits. The borrower’s promissory notes are secured with recorded liens on the underlying property. The borrowers would normally also be required to personally guarantee repayment of the loan. The Bank uses conservative underwriting standards in reviewing applications for credit. Generally, our borrowers have multiple sources of income, so if cash flow generated from the property declines, at least in the short term, the borrowers can normally cover these short term cash flow deficiencies from their available cash reserves. Risk of loss to the Bank is increased when there are cash flow decreases sufficiently large and for such a prolonged period of time that loan payments can no longer be made by the borrowers.

Our real estate construction loans are generally made to borrowers who are rehabilitating a building, converting a building use from one type of use to another, or developing land and building residential or commercial structures for sale or lease. The borrower’s promissory notes are secured with recorded liens on the underlying property. The borrowers would normally also be required to personally guarantee repayment of the loan. The Bank uses conservative underwriting standards in reviewing applications for credit. Generally, our borrowers have sufficient resources to make the required construction loan payments during the construction and absorption or lease-up period. After construction is complete, the loans are normally paid off from proceeds from the sale of the building or through a refinance to a commercial real estate loan. Risk of loss to the Bank is increased when there are material construction cost overruns, significant delays in the time to complete the project and/or there has been a material drop in the value of the projects in the marketplace since the inception of the loan.

Commercial and Industrial Loans

Our commercial and industrial loans are generally made to small businesses to provide them with at least some of the working capital necessary to fund their daily business operations. These loans are generally either unsecured or secured by fixed assets, accounts receivable and/or inventory. The borrowers would normally also be required to personally guarantee repayment of the loan. The Bank uses conservative underwriting standards in reviewing applications for credit. Risk of loss to the Bank is increased when our small business customers experience a significant business downturn, incur significant financial losses, or file for relief from creditors through bankruptcy proceedings.

Residential Real Estate Loans

Our residential real estate loans are generally made to borrowers who are buying or refinancing their primary personal residence or a rental property of 1-4 single family residential units. The Bank uses conservative underwriting standards in reviewing applications for credit. Risk of loss to the Bank is increased when borrowers lose their primary source of income and/or property values decline significantly.

Consumer and installment Loans

Our consumer and installment loans generally consist of personal loans, credit card loans, automobile loans or other loans secured by personal property. The Bank uses conservative underwriting standards in reviewing applications for credit. Risk of loss to the Bank is increased when borrowers lose their primary source of income, or file for relief from creditors through bankruptcy proceedings.

	Age Analysis of Past Due Loans As of June 30, 2012
(Dollar amounts in thousands)
	30-59		60-89		Greater								Recorded
	Days		Days		Than		Total						Investment >
	Past		Past		90		Past				Total		90 Days and
	Due		Due		Days		Due		Current		Loans		Accruing
Commercial & industrial	$	483	$	38	$	3,645	$	4,166	$	49,396	$	53,562	$	—
Commercial real estate		500		—		5,102		5,602		239,151		244,753		—
Commercial real estate -construction		—		—		—		—		25,644		25,644		—
Real estate multi-family		—				3,242		3,242		36,718		39,960		—
Residential		—		69		3,775		3,844		92,042		95,886		—
Consumer		—		—		—		—		2,037		2,037		—
Total	$	983	$	107	$	15,764	$	16,854	$	444,988	$	461,842	$	—

	Age Analysis of Past Due Loans As of December 31, 2011
(Dollar amounts in thousands)
	30-59 Days		60-89 Days		Over		Total							Recorded Investment >
	Past		Past		90		Past				Total			90 Days and
	Due		Due		Days		Due		Current		Loans			Accruing
Commercial & industrial	$	247	$	712	$	232	$	1,191	$	41,883	$	43,074	$	—
Commercial real estate		1,618		—		10,109		11,727		245,686		257,413
Commercial real estate -construction		549		—		527		1,076		27,153		28,229		—
Real estate multi-family		—		—		—		—		36,369		36,369		—
Real estate 1 to 4 family		71		2,629		257		2,957		83,365		86,322		—
Consumer		—		—		—		—		2,335		2,335		—
Total	$	2,485	$	3,341	$	11,125	$	16,951	$	436,791	$	453,742	$	—

$19,030,000 and $19,098,000 in nonaccrual loans included past due loans of $16,854,000 and $16,951,000 at June 30, 2012 and December 31, 2011.

	Credit Quality Indicators As of June 30, 2012
(Dollar amounts in thousands)
			Special		Sub-				Total
	Pass		mention		standard		Doubtful		loans
Commercial & industrial	$	50,525	$	—	$	2,705	$	332	$	53,562
Real estate construction		23,929		—		1,715		—		25,644
Commercial real estate		233,798		3,377		7,578		—		244,753
Real estate multi-family		36,718		—		3,242		—		39,960
Real estate 1 to 4 family		91,086		—		4,444		356		95,886
Consumer loans		2,027		—		10		—		2,037
Totals	$	438,083	$	3,377	$	19,694	$	688	$	461,842

	Credit Quality Indicators
	As of December 31, 2011
(Dollar amounts in thousands)
			Special		Sub-				Total
	Pass		mention		standard		Doubtful		loans
Commercial & industrial	$	35,089	$	—	$	7,720	$	265	$	43,074
Real estate construction		25,987		—		2,242		—		28,229
Commercial real estate		247,253		—		10,160		—		257,413
Real estate multi-family		33,085		—		3,284		—		36,369
Real estate 1 to 4 family		82,014		—		3,862		446		86,322
Consumer loans		2,335		—		—		—		2,335
Totals	$	425,763	$	—	$	27,268	$	711	$	453,742

Allowance for Credit Losses
For the Three Months Ended June 30, 2012

(Dollar amounts in thousands)
			Real Estate
	Commercial								Multi			1 to
	& industrial		Commercial			Construction			family			4 family		Consumer		Total
Allowance for credit losses
Beginning balance	$	1,628	$	3,592		$	1,055		$	151		$	1,798	$	63	$	8,287
Charge-offs		(312)		—			(54	)		—			—		(1)		(367	)
Recoveries		—		(2	)		—			—			139		1		138
Provision		418		162			(167	)		(102	)		89		0		400
Ending balance	$	1,734	$	3,752		$	834		$	49		$	2,026	$	63	$	8,458
Ending balance: individually evaluated for impairment	$	505	$	477		$	75		$	42		$	157	$	1	$	1,257
Ending balance: collectively evaluated for impairment	$	1,229	$	3,275		$	759		$	7		$	1,869	$	62	$	7,201

Allowance for Credit Losses
For the Six Months Ended June 30, 2012

(Dollar amounts in thousands)
							Real Estate
	Commercial									Multi			1 to
	& industrial			Commercial			Construction			family			4 family			Consumer			Total
Allowance for credit losses
Beginning balance	$	1,618		$	4,745		$	1,171		$	671		$	1,592		$	100		$	9,897
Charge-offs		(1,487	)		(738	)		(54	)		—			(109	)		(4)			(2,392	)
Recoveries		1			0			0			—			148			4			153
Provision		1,602			(255	)		(283	)		(622	)		395			(37	)		800
Ending balance	$	1,734		$	3,752		$	834		$	49		$	2,026		$	63		$	8,458
Ending balance: individually evaluated for impairment	$	505		$	477		$	75		$	42		$	157		$	1		$	1,257
Ending balance: collectively evaluated for impairment	$	1,229		$	3,275		$	759		$	7		$	1,869		$	62		$	7,201

Recorded Investment in Loans at June 30, 2012

	Commercial						Multi		1 to
	& industrial		Commercial		Construction		family		4 family		Consumer		Total
Loans:
Ending balance	$	53,562	$	244,753	$	25,644	$	39,960	$	95,886	$	2,037	$	461,842
Ending balance: individually evaluated for impairment	$	7,082	$	9,471	$	7,238	$	3,242	$	6,443	$	10	$	33,486
Ending balance: collectively evaluated for impairment	$	46,480	$	235,282	$	18,406	$	36,718	$	89,443	$	2,027	$	428,356

Allowance for Credit Losses
For the Three Months Ended June 30, 2011

	Commercial		Commercial			Real estate			Real estate
	& industrial		real estate			construction			1 to 4 family			Consumer			Total
Allowance for credit losses
Beginning balance	$	1,605	$	4,360		$	2,105		$	1,605		$	109		$	9,784
Charge-offs		100		(525	)		—			—			(50	)		(475	)
Recoveries		1		—			9			—			—			10
Provision		583		530			(578	)		(145	)		10			400
Ending balance	$	2,289	$	4,365		$	1,536		$	1,460		$	69		$	9,719
Ending balance: individually evaluated for impairment	$	1,223	$	858		$	143		$	176		$	—		$	2,400
Ending balance: collectively evaluated for impairment	$	1,066	$	3,507		$	1,393		$	1,284		$	69		$	7,319

	Commercial			Commercial			Real Estate			1 to
	& industrial			Real Estate			Construction			4 family		Consumer			Total
Allowance for credit losses
Beginning balance	$	2,102		$	4,103		$	1,999			1,233	$	87		$	9,524
Charge-offs		(100	)		(525	)		—			—		(53	)		(678	)
Recoveries		5			—			18			—		—			23
Provision		282			787			(481	)		227		35			850
Ending balance	$	2,289		$	4,365		$	1,536			1,460	$	69		$	9,719
Ending balance: individually evaluated for impairment	$	1,223		$	858		$	143		$	176	$	—		$	2,400
Ending balance: collectively evaluated for impairment	$	1,066		$	3,507		$	1,393	$		1,284	$	69		$	7,319

	Commercial		Commercial		Real estate		Real estate
	& industrial		real estate		construction		1 to 4 family		Consumer		Total
Loans:
Ending balance	$	43,623	$	315,806	$	29,938	$	77,992	$	2,321	$	469,680
Ending balance: individually evaluated for impairment	$	6,328	$	9,017	$	8,696	$	3,636	$	—	$	27,677
Ending balance: collectively evaluated for impairment	$	37,295	$	306,789	$	21,242	$	74,356	$	2,321	$	442,003

XML

NOTE D - SECURITIES AVAILABLE FOR SALE (Detail) (USD $)	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Dec. 31, 2011
Gross reazlized Gains on Sale of Securities	$ 817,000	$ 150,000
Sae of AFS securities	22,717,000	10,185,000
GrossUnrealizedLossesSalOfSecurities	8,000	2,000
AvailableForSaleSecuritiesPledgedCollateralAmortizedCost	68,349,000
FairVauleSecuritiesPledged	70,592,000
Federal Reserve Bank Stock	1,062,000
Federal Home Loan Bank Stock	$ 3,293,000		$ 3,300,000

XML

NOTE B - STOCK OPTION PLANS (Detail) (USD $)	3 Months Ended		6 Months Ended		36 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2015
CompensationExpenseForOptions	$ 59,000	$ 81,000	$ 121,000	$ 154,000
IncomeTaxBeenfit	22,000		22,000
IntrinsicValueOptionsExercised	58,000	6,000	61,000
IntrinsicValueOptionsExercisable			620,000
UnrecognizedCompensationExpenseNonvestedOptions	$ 472,000		$ 472,000
RemainingAmortizationPeriodUnrecognizedOptionExpense					3.1

XML

NOTE C - EARNINGS PER SHARE CALCULATION (Tables)

6 Months Ended

Jun. 30, 2012

EarnnigsPerShareCalculation

(Dollar amounts in thousands)	Three months ended				Six months ended
	June 30,				June 30,
	2012		2011		2012		2011
Net earnings	$	1,228	$	1,180	$	2,516	$	1,983
Dividends and discount accretion on preferred stock		157		214		343		428
Net earnings available to common stockholders	$	1,071	$	966	$	2,173	$	1,555
Average number of shares outstanding		3,514,000		3,509,000		3,512,000		3,509,000
Effect of dilutive options		62,000		26,000		51,000		19,000
Average number of shares outstanding used to calculate diluted earnings per share		3,576,000		3,535,000		3,563,000		3,528,000

XML

NOTE G - PREFERRED STOCK

Jun. 30, 2012

Note G Preferred Stock. [Text Block]

NOTE G – PREFERRED STOCK

On September 15, 2011, Preferred Stock was issued to the U. S. Treasury as part of the Treasury’s Small Business Lending Fund (“SBLF”), as Preferred Stock – Series C – Non-Cumulative. The initial dividend rate is 5%. Depending on the volume of our small business lending, the dividend rate can be reduced to as low as one percent. If lending does not increase in the first two years, the dividend rate will increase to seven percent. After 4.5 years, the dividend rate will increase to nine percent if the Company has not repaid the SBLF funding.

This program does not contain any of the various restrictions (including restrictions related to the payment of dividends to Common Stockholders) that the Treasury’s Capital Purchase Program (“TARP”) required. The Series A and B Preferred Stock, which contained a blended yield of 6.83% to the expected repayment date, were paid off in full and canceled with the proceeds received from the U. S. Treasury’s SBLF investment.

XML

NOTE B - STOCK OPTION PLANS (Tables)

6 Months Ended

Jun. 30, 2012

StockOptionPlans

7

XML

NOTE D - SECURITIES AVAILABLE FOR SALE (Tables)

6 Months Ended

Jun. 30, 2012

Jun. 30, 2011

AvailableForSaleSecurities

(Dollar amounts in thousands)	Amortized		Unrealized		Unrealized			Carrying
	cost		gains		losses			value
June 30, 2012
U. S. Treasury securities	$	8,212	$	172	$	—		$	8,384
Obligations of U.S. Government agencies		62,995		1,102		—			64,097
Mortgage backed securities		36,162		1,260		—			37,422
Obligations of states and political subdivisions		73,885		3,290		(39	)		77,136
Corporate debt		16,455		190		(136	)		16,509
Totals	$	197,709	$	6,014	$	(175	)	$	203,548

AmortizedCostAndCarryingValue

AmortizedCostAndCarryingValue

(Dollar amounts in thousands)	Amortized		Unrealized		Unrealized			Carrying
	cost		gains		losses			value
December 31, 2011:
U.S. Treasury securities	$	12,371	$	263	$	—		$	12,634
Obligations of U.S. government agencies		53,150		964		(12	)		54,102
Mortgage-backed securities		32,606		838		(9	)		33,435
Obligations of states and political subdivisions		73,674		3,592		(15	)		77,251
Corporate debt		10,314		102		(174	)		10,242
Totals	$	182,115	$	5,759	$	(210	)	$	187,664

ScheduleOfUnrealizedLosses

	Total		< 12 Months			Total		12 Months or >			Total		Total
June 30, 2012	Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
(Dollar amounts in thousands)	Value		Losses			Value		Losses			Value		Losses
Obligations of states and political subdivisions	$	4,753	$	(39	)	$	—	$	—		$	4,753	$	(39	)
Corporate debt		5,176		(45	)		1,369		(91	)		6,545		(136	)
Total	$	9,929	$	(84	)	$	1,369	$	(91	)	$	11,298	$	(175	)

9

Property, Plant and Equipment [Table Text Block]

	Total		< 12 Months			Total		12 Months or >			Total		Total
December 31, 2011:	Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
(Dollar amounts in thousands)	Value		Losses			Value		Losses			Value		Losses
Obligations of U.S. government agencies	$	6,293	$	(12	)	$		$	—		$	6,293	$	(12)
Mortgage-backed securities		6,466		(9	)		—		—			6,466		(9)
Obligations of states and political subdivisions		2,744		(15	)		—		—			2,744		(15)
Corporate debt		5,554		(173	)		500		(1	)		6,054		(174)
Total	$	21,057	$	(209	)	$	500	$	(1	)	$	21,557	$	(210)

InInvestmentsByContractualMaturity

At June 30, 2012:
(Dollar amounts in thousands)	Amortized		Carrying
	Cost		Value
Available-for-sale:
Due in one year or less	$	12,359	$	12,462
Due after one through five years		84,506		86,243
Due after five years through ten years		61,512		63,750
Due after ten years		39,332		41,093
	$	197,709	$	203,548

XML

NOTE E - LOANS (Detail) - Impaired Loans at December 31, 2011 (USD $) In Thousands, unless otherwise specified	Dec. 31, 2011
RelatedAllowance
Commercial & industrial	$ 428
Commercial real estate construction	214
Commercial real estate	727
Residential- 1 to 4 family	200
Total	1,569
Commercial & industrial	428
Commercial real estate construction	214
Commercial real estate	727
Residential - 1 to 4 family	200
Grand total	1,569
UnpaidPrincipalBalance
Commercial & industrial	3,560
Commercial real estate construction	6,232
Commercial real estate	3,835
Residential- 1 to 4 family	1,145
Total	14,772
Commercial & industrial	5,896
Commercial real estate construction	1,686
Commercial real estate	11,767
Residential- 1 to 4 family	2,262
Total	21,611
Commercial & industrial	9,456
Commercial real estate construction	7,918
Commercial real estate	15,602
Residential - 1 to 4 family	3,407
Grand total	36,383
RecordedInvestment
Commercial & industrial	2,926
Commercial real estate construction	6,232
Commercial real estate	3,269
Residential- 1 to 4 family	1,059
Total	13,486
Commercial & industrial	5,881
Commercial real estate construction	1,586
Commercial real estate	11,767
Residential- 1 to 4 family	2,254
Total	21,488
Commercial & industrial	8,807
Commercial real estate construction	7,818
Commercial real estate	15,036
Residential - 1 to 4 family	3,313
Grand total	$ 34,974

XML

NOTE F - FAIR VALUE MEASUREMENT (Detail) - FairValueMeasurementsJune 30, 2012AssetsMeasuredOn A RecurringBasis (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
FairValueAtLevel1
U. S. Treasury securities	$ 8,384	$ 12,634
Total assets measured at fair value	8,384	12,634
FairValueAtLevel2
Government agencies	64,097	54,102
Mortgage-backed securities	37,422	33,435
Obligations of states and political subdivisions	77,136	77,251
Corporate debt	16,509	10,242
Total assets measured at fair value	195,164	175,030
FairValue6302012
U. S. Treasury securities	8,384
Government agencies	64,097
Mortgage-backed securities	37,422
Obligations of states and political subdivisions	77,136
Corporate debt	16,509
Total assets measured at fair value	$ 203,548

XML

NOTE C - EARNINGS PER SHARE CALCULATION (Detail)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	277,032	334,997	299,194	322,797

XML

NOTE D - SECURITIES AVAILABLE FOR SALE (Detail) - Schedule of unrealized loss on investments (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2012
UnrealizedLossAFSSecuritiesTwelveMonthsOrMoreMember
Obligations of states and political subdivisions
Corporate debt	(91)
Total	(91)
Under12MonthsUnrealizedLossesOnSecurities
Obligations of states and political subdivisions	(39)
Corporate debt	(45)
Total	(84)
FairValueSecuritiesWithUnrealizedLosses
Obligations of states and political subdivisions	4,753
Corporate debt	6,545
Total	11,298
FairValueUnrealizedLossesOnSecuritiesUnder12months
Obligations of states and political subdivisions	4,753
Corporate debt	5,176
Total	9,929
TotalUnrealizedLossOnSecurities
Obligations of states and political subdivisions	(39)
Corporate debt	(136)
Total	(175)
FairValueSecuritiesUnrealizedLoss12MonthsAndOver
Obligations of states and political subdivisions
Corporate debt	1,369
Total	$ 1,369

XML

NOTE E - LOANS (Detail) - Recorded Investment In Loans At June 30, 2011 (USD $) In Thousands, unless otherwise specified	Jun. 30, 2011
Total
Ending balance	$ 469,680
Ending balance: individually evaluated for impairment	27,677
Ending balance: collectively evaluated for impairment	442,003
RealEstate1to4Family
Ending balance	77,992
Ending balance: individually evaluated for impairment	3,636
Ending balance: collectively evaluated for impairment	74,356
CommercialAndIndustrial
Ending balance	43,623
Ending balance: individually evaluated for impairment	6,328
Ending balance: collectively evaluated for impairment	37,295
CommercialRealEstate
Ending balance	315,806
Ending balance: individually evaluated for impairment	9,017
Ending balance: collectively evaluated for impairment	306,789
Consumer loans
Ending balance	2,321
Ending balance: collectively evaluated for impairment	$ 2,321

XML

NOTE E - LOANS (Detail) - Age Analysis of Past Due Loans As of December 31, 2011 (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
TotalLoansPastDue
Commercial & industrial	$ 4,166	$ 1,191
Commercial real estate	5,602	11,727
Commercial real estate -construction		1,076
Real estate multi-family	3,242
Real estate 1 to 4 family		2,957
Total	16,854	16,951
LoansGreaterThan90DaysPastDue
Commercial & industrial	3,645	232
Commercial real estate	5,102	10,109
Commercial real estate -construction		527
Real estate multi-family	3,242
Real estate 1 to 4 family		257
Total	15,764	11,125
LoansPastDue60To89Days
Commercial & industrial	38	712
Real estate 1 to 4 family		2,629
Total	107	3,341
TotalLoans
Commercial & industrial	53,562	43,074
Commercial real estate	244,753	257,413
Commercial real estate -construction	25,644	28,229
Real estate multi-family	39,960	36,369
Real estate 1 to 4 family		86,322
Consumer	2,037	2,335
Total	461,842	453,742
Current
Commercial & industrial		41,883
Commercial real estate		245,686
Commercial real estate -construction		27,153
Real estate multi-family		36,369
Real estate 1 to 4 family		83,365
Consumer		2,335
Total		436,791
LoansPastDue32To59Days
Commercial & industrial	483	247
Commercial real estate	500	1,618
Commercial real estate -construction		549
Real estate 1 to 4 family		71
Total	$ 983	$ 2,485

XML

Consolidated Statement of Comprehensive Earnings (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2012	Mar. 31, 2011	Jun. 30, 2012	Jun. 30, 2011
Net earnings	$ 1,228	$ 1,180	$ 2,516	$ 1,983
Unrealized holding gain on available-for-sale securities, net of tax	631	1,147	648	1,444
Reclassification adjustment for gains recognized on available-for-sale securities sold, net of tax	(192)	(76)	(477)	(89)
Total comprehensive earnings	$ 1,667	$ 2,251	$ 2,687	$ 3,338

XML

NOTE D - SECURITIES AVAILABLE FOR SALE

6 Months Ended

Jun. 30, 2012

Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]

NOTE D – SECURITIES AVAILABLE FOR SALE

The amortized cost and carrying values of securities available-for-sale are as follows:

(Dollar amounts in thousands)	Amortized		Unrealized		Unrealized			Carrying
	cost		gains		losses			value
June 30, 2012
U. S. Treasury securities	$	8,212	$	172	$	—		$	8,384
Obligations of U.S. Government agencies		62,995		1,102		—			64,097
Mortgage backed securities		36,162		1,260		—			37,422
Obligations of states and political subdivisions		73,885		3,290		(39	)		77,136
Corporate debt		16,455		190		(136	)		16,509
Totals	$	197,709	$	6,014	$	(175	)	$	203,548

(Dollar amounts in thousands)	Amortized		Unrealized		Unrealized			Carrying
	cost		gains		losses			value
December 31, 2011:
U.S. Treasury securities	$	12,371	$	263	$	—		$	12,634
Obligations of U.S. government agencies		53,150		964		(12	)		54,102
Mortgage-backed securities		32,606		838		(9	)		33,435
Obligations of states and political subdivisions		73,674		3,592		(15	)		77,251
Corporate debt		10,314		102		(174	)		10,242
Totals	$	182,115	$	5,759	$	(210	)	$	187,664

An analysis of gross unrealized losses within the available-for-sale investment securities portfolio as of June 30, 2012 and December 31, 2011 follows.

	Total		< 12 Months			Total		12 Months or >			Total		Total
June 30, 2012	Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
(Dollar amounts in thousands)	Value		Losses			Value		Losses			Value		Losses
Obligations of states and political subdivisions	$	4,753	$	(39	)	$	—	$	—		$	4,753	$	(39	)
Corporate debt		5,176		(45	)		1,369		(91	)		6,545		(136	)
Total	$	9,929	$	(84	)	$	1,369	$	(91	)	$	11,298	$	(175	)

	Total		< 12 Months			Total		12 Months or >			Total		Total
December 31, 2011:	Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
(Dollar amounts in thousands)	Value		Losses			Value		Losses			Value		Losses
Obligations of U.S. government agencies	$	6,293	$	(12	)	$		$	—		$	6,293	$	(12)
Mortgage-backed securities		6,466		(9	)		—		—			6,466		(9)
Obligations of states and political subdivisions		2,744		(15	)		—		—			2,744		(15)
Corporate debt		5,554		(173	)		500		(1	)		6,054		(174)
Total	$	21,057	$	(209	)	$	500	$	(1	)	$	21,557	$	(210)

9

At June 30, 2012, there were two securities in an unrealized loss position for greater than 12 consecutive months. At December 31, 2011, there was one security in an unrealized loss position for greater than 12 consecutive months. Management periodically evaluates each security in an unrealized loss position to determine if the impairment is temporary or other-than-temporary. The unrealized losses are due solely to interest rate changes and the Company does not intend to sell nor expects it will be required to sell investment securities identified with impairments prior to the earliest of forecasted recovery or the maturity of the underlying investment security. Management has determined that no investment security is other-than-temporarily impaired at June 30, 2012.

The amortized cost and carrying value of available-for-sale debt securities as of June 30, 2012 by contractual maturity, are shown below. Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.

At June 30, 2012:
(Dollar amounts in thousands)	Amortized		Carrying
	Cost		Value
Available-for-sale:
Due in one year or less	$	12,359	$	12,462
Due after one through five years		84,506		86,243
Due after five years through ten years		61,512		63,750
Due after ten years		39,332		41,093
	$	197,709	$	203,548

For the six months ended June 30, 2012, gross realized gains amounted to $817,000 on the sale of $22,717,000 in securities. For the six months ended June 30, 2011, gross realized gains amounted to $150,000 on the sale of $10,185,000 in securities. For the six months ended June 30, 2012 and June 30, 2011, gross unrealized losses were $8,000 and $2,000, respectively.

At June 30, 2012, securities with an amortized cost of $68,349,000 and fair value of $70,592,000 were pledged as collateral for public deposits and for other purposes required by law.

At June 30, 2012 and December 31, 2011, the Bank had investments in Federal Reserve Bank stock of $1,062,000 classified as other equity securities in the accompanying balance sheet. These investments in Federal Reserve Bank stock are carried at cost, and evaluated periodically for impairment. At June 30, 2012 and December 31, 2011, the Bank had investments in Federal Home Loan Bank stock classified as other equity securities in the accompanying balance sheet of $3,293,000 and $3,300,000, respectively. These investments in Federal Home Loan Bank stock are carried at cost, and evaluated periodically for impairment.

XML

NOTE D - SECURITIES AVAILABLE FOR SALE (Detail) - FairValueAndUnrealizedLossesOnSecuritiesDecember312012 (USD $) In Thousands, unless otherwise specified	Dec. 31, 2011 TotalUnrealizedLossOnSecurities	Dec. 12, 2011 Under12MonthsUnrealizedLossesOnSecurities	Dec. 31, 2011 FairValueUnrealizedLossesOnSecuritiesUnder12months	Dec. 12, 2011 TwelveMonthsAndOverUnrealizedLossOnSecurities	Dec. 31, 2011 FairValueSecuritiesUnrealizedLoss12MonthsAndOver	Dec. 31, 2011 TotalFairValueUnrealizedLoss
Obligations of U.S. government agencies	$ (12)	$ (12)	$ 6,293			$ 6,293
Mortgage-backed securities	(9)	(9)	6,466			6,466
Obligations of states and political subdivisions	(15)	(15)	2,744			2,744
Corporate debt	(174)	(173)	5,554	(1)	500	6,054
Total	$ (210)	$ (209)	$ 21,057	$ (1)	$ 500	$ 21,557

XML

NOTE E - LOANS (Detail) - Modifications As of March31, 2012 Pre- Post- M (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011
TroubledDebtNumberOfContracts
Commercial & industrial		$ 5
Real estate 1 to 4 family		2
Commercial real estate		5
Real estate multi family		1
Total		13
Pre-ModificationOutstandingRecordedInvestment
Commercial & industrial		2,925	2,987
Real estate 1 to 4 family		994	1,004
Commercial real estate		6,021	9,173
Real estate multi family		3,262	3,283
Total	13,606	13,202	16,447
Post-ModificationOutstandingRecordedInvestment
Commercial & industrial		2,925	2,987
Real estate 1 to 4 family		994	1,004
Commercial real estate		6,021	9,173
Real estate multi family		3,262	3,283
Total		$ 13,202	$ 16,447

XML

NOTE B - STOCK OPTION PLANS (Detail) - StockOptionPlans (USD $) In Thousands, unless otherwise specified	6 Months Ended	12 Months Ended
	Jun. 30, 2012	Dec. 31, 2008
	$ 7	$ 9