XML 21 R48.htm IDEA: XBRL DOCUMENT

Note 1: Nature of Operations and Summary of Significant Accounting Policies: Foreclosed Assets Held For Sale (Policies)	12 Months Ended
Dec. 31, 2012
Policies
Foreclosed Assets Held For Sale	Foreclosed Assets Held for Sale Assets acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at fair value less estimated cost to sell at the date of foreclosure, establishing a new cost basis. Subsequent to foreclosure, valuations are periodically performed by management and the assets are carried at the lower of carrying amount or fair value less estimated cost to sell. Revenue and expenses from operations and changes in the valuation allowance are included in net expense on foreclosed assets.

Note 1: Nature of Operations and Summary of Significant Accounting Policies: Foreclosed Assets Held For Sale (Policies)

12 Months Ended

Dec. 31, 2012

Policies

Foreclosed Assets Held For Sale

Foreclosed Assets Held for Sale

Assets acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at fair value less estimated cost to sell at the date of foreclosure, establishing a new cost basis. Subsequent to foreclosure, valuations are periodically performed by management and the assets are carried at the lower of carrying amount or fair value less estimated cost to sell. Revenue and expenses from operations and changes in the valuation allowance are included in net expense on foreclosed assets.