7. Disclosures About Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2016

Disclosures About Fair Value Of Financial Instruments Tables

Carrying Value and Estimated Fair Value for Financial Instruments

The following presents the carrying amount, fair value and placement in the fair value hierarchy of the Company’s financial instruments as of September 30, 2016 and December 31, 2015.

	September 30, 2016				December 31, 2015
	Estimated		Carrying		Estimated		Carrying
	Fair Value		Value		Fair Value		Value
Financial Assets
Cash and cash equivalents	$	12,156	$	12,156	$	8,519	$	8,519
Loans held for investment		587,288		578,089		555,762		544,053
Loans held for sale		83,164		83,164		57,806		57,806
Interest receivable		1,680		1,680		1,709		1,709
Investments		38,642		38,605		25,329		25,324
Financial Liabilities
Time deposits		158,964		158,116		162,524		161,040
Short-term debt		51,229		51,229		24,954		24,954
Long-term debt		64,856		65,089		48,565		48,161