Estimated Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2012

Estimated Fair Value of Financial Instruments [Abstract]

Summary of financial instruments

	June 30, 2012				December 31, 2011
	Carrying Value		Estimated Fair Value		Carrying Value		Estimated Fair Value
			(Dollars in thousands)
Financial assets
Cash and due from banks, Federal funds sold and interest bearing deposits in other banks	$	56,619	$	56,619	$	40,647	$	40,647
Securities		228,788		228,788		226,012		226,012
Portfolio loans, net		850,159		848,393		826,025		825,662
Loans held for sale		1,207		1,207		3,448		3,448
Accrued interest receivable		3,604		3,604		3,550		3,550
Financial liabilities
Deposits:
Demand, savings and money market	$	527,463		527,463		486,690		486,690
Certificates of deposit		496,090		500,265		504,390		509,449
Total deposits		1,023,553		1,027,728		991,080		996,139
Short-term borrowings		827		827		227		227
Federal Home Loan Bank advances		47,495		48,671		42,497		43,824
Junior subordinated debentures		16,238		16,645		16,238		16,130
Accrued interest payable		1,007		1,007		1,118		1,118

Assets measured by fair value on a recurring basis

Description	Fair Value as of June 30, 2012		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable  Inputs (Level 3)
(Dollars in thousands)
Securities available for sale:
U.S. Government agencies and corporations	$	53,122	$	—	$	53,122	$	—
Mortgage backed securities		117,371		—		117,371		—
Collateralized mortgage obligations		26,541		—		26,541		—
State and political subdivisions		31,754		—		31,754		—
Total	$	228,788	$	—	$	228,788	$	—

Description	Fair Value as of December 31, 2011		Quoted Prices in  Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable  Inputs (Level 3)
(Dollars in thousands)
Securities available for sale:
U.S. Government agencies and corporations	$	56,881	$	—	$	56,881	$	—
Mortgage backed securities		107,037		—		107,037		—
Collateralized mortgage obligations		30,237		—		30,237		—
State and political subdivisions		31,857		—		31,857		—
Total	$	226,012	$	—	$	226,012	$	—

Balances of assets and liabilities measured at fair value on a nonrecurring basis

June 30, 2012	Quoted Market Prices in Active Markets (Level 1)		Internal Models with Significant Observable Market Parameters (Level 2)		Internal Models with Significant Unobservable Market Parameters (Level 3)		Total
(Dollars in thousands)
Impaired and nonaccrual loans	$	—	$	—	$	29,569	$	29,569
Other real estate		—		—		1,506		1,506
Total assets at fair value on a nonrecurring basis	$	—	$	—	$	31,075	$	31,075
December 31, 2011	Quoted Market Prices in Active Markets (Level 1)		Internal Models with Significant Observable Market Parameters (Level 2)		Internal Models with Significant Unobservable Market Parameters (Level 3)		Total
(Dollars in thousands)
Impaired and nonaccrual loans	$	—	$	—	$	33,592	$	33,592
Other real estate		—		—		1,687		1,687
Total assets at fair value on a nonrecurring basis	$	—	$	—	$	35,279	$	35,279