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Fair Value (Tables)
12 Months Ended
Dec. 31, 2013
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
Quoted Prices inSignificant
Active MarketsOtherSignificant
forObservableUnobservable
Identical AssetsInputsInputs
(Dollars in thousands)Amount(Level 1)(Level 2)(Level 3)
December 31, 2013:
Securities available-for-sale:
Agency obligations $ 44,522 44,522
Agency RMBS 162,358 162,358
State and political subdivisions 64,339 64,339
Total securities available-for-sale 271,219 271,219
Other assets (1) 844 844
Total assets at fair value$ 272,063 272,063
Other liabilities(1) 844 844
Total liabilities at fair value$ 844 844
December 31, 2012:
Securities available-for-sale:
Agency obligations $ 39,525 39,525
Agency RMBS 141,460 141,460
State and political subdivisions 77,838 77,838
Trust preferred securities 652 652
Total securities available-for-sale 259,475 258,823 652
Other assets (1) 1,210 1,210
Total assets at fair value$260,685260,033 652
Other liabilities(1) 1,210 1,210
Total liabilities at fair value$ 1,210 1,210
(1)Represents the fair value of interest rate swap agreements.
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Table Text Block]
Quoted Prices in
Active MarketsOtherSignificant
forObservableUnobservable
Identical AssetsInputsInputs
(Dollars in thousands)Amount(Level 1)(Level 2)(Level 3)
December 31, 2013:
Loans held for sale$ 2,296 2,296
Loans, net(1) 5,305 5,305
Other real estate owned 3,884 3,884
Other assets (2) 2,350 2,350
Total assets at fair value$ 13,835 2,296 11,539
December 31, 2012:
Loans held for sale$ 2,887 2,887
Loans, net(1) 10,272 10,272
Other real estate owned 4,919 4,919
Other assets (2) 1,526 1,526
Total assets at fair value$ 19,604 2,887 16,717
(1)Loans considered impaired under ASC 310-10-35 Receivables. This amount reflects the recorded investment in
impaired loans, net of any related allowance for loan losses.
(2)Represents MSRs, net, carried at lower of cost or estimated fair value.
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
Year ended December 31
(Dollars in thousands)201320122011
Beginning balance $ 652$ 1,986$ 2,149
Total realized and unrealized gains and (losses):
Included in net earnings (87) (6) (338)
Included in other comprehensive income 41 146 175
Sales (606) (974)
Settlements (500)
Ending balance$$ 652$ 1,986
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]
Weighted
CarryingAverage
(Dollars in thousands)AmountValuation TechniqueSignificant Unobservable Inputof Input
Nonrecurring:
Impaired loans$ 5,305AppraisalAppraisal discounts (%)17.6%
Other real estate owned 3,884AppraisalAppraisal discounts (%)14.0%
Mortgage servicing rights, net 2,350Discounted cash flowPrepayment speed or CPR (%)7.5%
Discount rate (%)10.0%
Financial Instruments [Table Text Block]
Fair Value Hierarchy
Carrying EstimatedLevel 1Level 2Level 3
(Dollars in thousands)amountfair valueinputsinputsInputs
December 31, 2013:
Financial Assets:
Loans, net (1)$378,071$387,180$$$387,180
Loans held for sale2,2962,3102,310
Financial Liabilities:
Time Deposits$261,199$263,985$$263,985$
Long-term debt12,21712,56912,569
December 31, 2012:
Financial Assets:
Loans, net (1)$391,470$399,533$$$399,533
Loans held for sale2,8872,9522,952
Financial Liabilities:
Time Deposits$263,195$267,636$$267,636$
Long-term debt47,21751,75251,752
(1) Represents loans, net of unearned income and the allowance for loan losses.