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Note 8 - Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2014
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
           

Fair Value Measurements at March 31, 2014 Using

 

Description

 

Balance as of
March 31, 2014

   

Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)

   

Significant
Other
Observable
Inputs
(Level 2)

   

Significant
Unobservable Inputs
(Level 3)

 

U.S. Government agencies and corporations

  $ 156,335     $ ---     $ 156,335     $ ---  

States and political subdivisions

    22,408       ---       22,408       ---  

Mortgage-backed securities

    2,607       ---       2,607       ---  

Corporate debt securities

    8,573       ---       8,573       ---  

Other securities

    478       ---       478       ---  

Total securities available for sale

  $ 190,401     $ ---     $ 190,401     $ ---  
           

Fair Value Measurements at December 31, 2013 Using

 

Description

 

Balance as of
December 31,
2013

   

Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)

   

Significant
Other
Observable
Inputs
(Level 2)

   

Significant
Unobservable Inputs
(Level 3)

 

U.S. Government agencies and corporations

  $ 147,854     $ ---     $ 147,854     $ ---  

States and political subdivisions

    23,456       ---       23,456       ---  

Mortgage-backed securities

    2,840       ---       2,840       ---  

Corporate debt securities

    7,395       ---       7,395       ---  

Other securities

    857       ---       857       ---  

Total securities available for sale

  $ 182,402     $ ---     $ 182,402     $ ---  
Fair Value Measurements, Nonrecurring [Table Text Block]
             

Carrying Value

 

Date

Description

 

Balance

   

Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)

   

Significant
Other
Observable
Inputs
(Level 2)

   

Significant
Unobservable Inputs
(Level 3)

 
 

Assets:

                               

March 31, 2014

Impaired loans net of valuation allowance

  $ 2,183     $ ---     $ ---     $ 2,183  

December 31, 2013

Impaired loans net of valuation allowance

    1,989       ---       ---       1,989  
             

Carrying Value

 

Date

Description

 

Balance

   

Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)

   

Significant
Other
Observable
Inputs
(Level 2)

   

Significant
Unobservable Inputs
(Level 3)

 
 

Assets:

                               

March 31, 2014

Other real estate owned net of valuation allowance

  $ 4,901     $ ---     $ ---     $ 4,901  

December 31, 2013

Other real estate owned net of valuation allowance

    4,712       ---       ---       4,712  
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]

March 31, 2014

Valuation Technique

Unobservable Input

 

Range

(Weighted Average)

 

Impaired loans

Discounted appraised value

Selling cost

    0% (1) - 10.00% (0.67%)    

March 31, 2014

Valuation Technique

Unobservable Input

 

Range

(Weighted Average)

 
                     
Other real estate owned Discounted appraised value Selling cost     0.00% (1) - 10% (5.50%)  

Other real estate owned

Discounted appraised value

Discount for lack of marketability and age of appraisal

    0.00%   - 46.92% (11.96%)  
Fair Value, by Balance Sheet Grouping [Table Text Block]
   

March 31, 2014

 
   

Carrying

Amount

   

Quoted Prices in Active Markets for Identical Assets

Level 1

   

Significant Other Observable Inputs

Level 2

   

Significant Unobservable

Inputs

Level 3

   

Total Estimated 

Fair Value

 

Financial Assets:

                                       

Cash and due from banks

  $ 14,723     $ 14,723     $ ---     $ ---     $ 14,723  

Interest-bearing deposits

    108,841       108,841       ---       ---       108,841  

Securities

    355,799       ---       355,506       ---       355,506  

Restricted securities

    1,089       ---       1,089       ---       1,089  

Loans, net

    580,751       ---       ---       568,229       568,229  

Accrued interest receivable

    5,893       5,893       ---       ---       5,893  

Bank-owned life insurance

    21,335       21,335       ---       ---       21,335  

Financial Liabilities:

                                       

Deposits

  $ 964,086     $ 727,026     $ ---     $ 247,523     $ 974,549  

Accrued interest payable

    78       78       ---       ---       79  
   

December 31, 2013

 
   

Carrying

Amount

   

Quoted Prices in Active Markets for Identical Assets

Level 1

   

Significant Other Observable Inputs

Level 2

   

Significant Unobservable

Inputs

Level 3

   

Total Estimated

Fair Value

 

Financial Assets:

                                       

Cash and due from banks

  $ 13,283     $ 13,283     $ ---     $ ---     $ 13,283  

Interest-bearing deposits

    97,376       97,376       ---       ---       97,376  

Securities

    346,385       ---       341,739       ---       341,739  

Restricted securities

    1,414       ---       1,414       ---       1,414  

Mortgage loans held for sale

    1,276       ---       1,276       ---       1,276  

Loans, net

    587,463       ---       ---       616,755       616,755  

Accrued interest receivable

    5,949       5,949       ---       ---       5,949  

Bank-owned life insurance

    21,181       21,181       ---       ---       21,181  

Financial Liabilities:

                                       

Deposits

  $ 960,036     $ 718,327     $ ---     $ 247,753     $ 966,080  

Accrued interest payable

    92       92       ---       ---       92