Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2013

Fair Value Disclosures [Abstract]

Impaired Loans Measured at Fair Value on Nonrecurring Basis

The following table provides the estimated fair value of the related individual assets. We used Level 3 inputs to determine the estimated fair value of our impaired loans as follows:

	June 30, 2013		December 31, 2012
	(In thousands)
Impaired loans (1)	$	11,087	$	11,637

(1) Determined based on management’s assessment of the estimated fair value of the collateral based on numerous factors including operating statistics to the extent available, appraised value of the collateral, tax assessed value and market environment.

Estimated Fair Values of Financial Instruments

The estimated fair values of our financial instruments (not recorded at fair value on our consolidated balance sheets) were as follows:

	June 30, 2013				December 31, 2012
	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value		Level
	(In thousands)
Assets:
Loans Receivable Subject to Credit Risk	$	198,109	$	180,165	$	200,642	$	181,112		3
SBA 7(a) loans receivable, subject to secured borrowings		37,007		41,553		38,349		43,096		3
Liabilities:
SBIC debentures		23,190		22,948		17,190		18,027		3
Secured borrowings - government guaranteed loans		39,545		39,545		41,008		41,008		3
Revolving credit facility		12,000		12,000		11,900		11,900		3
Junior subordinated notes		27,070		25,174		27,070		22,592		3