Fair Value (Tables)

12 Months Ended

Dec. 31, 2015

Fair Value [Abstract]

Balances of Assets And Liabilities Measured at Fair Value on Recurring Basis

	December 31, 2015
(In thousands)	Level 1		Level 2		Level 3		Total
Securities available for sale:
U.S. Government sponsored entities	$	-	$	6,581	$	-	$	6,581
State and political subdivisions		-		10,782		-		10,782
Residential mortgage-backed securities		-		26,439		-		26,439
Corporate and other securities		-		9,063		-		9,063
Total securities available for sale	$	-	$	52,865	$	-	$	52,865
	December 31, 2014
(In thousands)	Level 1		Level 2		Level 3		Total
Securities available for sale:
U.S. Government sponsored entities	$	-	$	4,618	$	-	$	4,618
State and political subdivisions		-		11,132		-		11,132
Residential mortgage-backed securities		-		34,383		-		34,383
Corporate and other securities		-		9,940		-		9,940
Total securities available for sale	$	-	$	60,073	$	-	$	60,073

Assets and Liabilities Carried on the Balance Sheet by Caption And By Level Within The Hierarchy

	Fair value at December 31, 2015
(In thousands)	Level 1		Level 2		Level 3		Total
Financial assets:
OREO	$	-	$	-	$	1,591	$	1,591
Impaired collateral-dependent loans		-		-		6,331		6,331
	Fair value at December 31, 2014
(In thousands)	Level 1		Level 2		Level 3		Total
Financial assets:
OREO	$	-	$	-	$	1,162	$	1,162
Impaired collateral-dependent loans		-		-		10,996		10,996

Carrying Amount and Estimated Fair Values of Financial Instruments

			December 31, 2015				December 31, 2014
(In thousands)	Fair value level		Carrying amount		Estimated fair value		Carrying amount		Estimated fair value
Financial assets:
Cash and cash equivalents		Level 1	$	88,157	$	88,157	$	129,821	$	129,821
Securities (1)		Level 2		71,336		71,472		80,082		80,354
SBA loans held for sale		Level 2		13,114		14,324		5,179		5,655
Loans, net of allowance for loan losses (2)		Level 2		863,085		864,691		744,095		748,093
Federal Home Loan Bank stock		Level 2		4,600		4,600		6,032		6,032
Servicing assets		Level 3		1,389		1,389		753		753
Accrued interest receivable		Level 2		3,884		3,884		3,518		3,518
OREO		Level 3		1,591		1,591		1,162		1,162
Financial liabilities:
Deposits		Level 2		894,493		893,651		794,341		794,436
Borrowed funds and subordinated debentures		Level 2		107,465		109,549		140,465		145,333
Accrued interest payable		Level 2		461		461		474		474

(1) Includes held to maturity commercial mortgage-backed securities that are considered Level 3.  These securities had book values of $3.9 million and $4.0 million at December 31, 2015 and 2014, respectively, and market values of $3.8 million and $4.0 million at December 31, 2015 and 2014, respectively.

Includes impaired loans that are considered Level 3 and reported separately in the tables under the “Fair Value on a Nonrecurring Basis” heading.  Collateral-dependent impaired loans, net of specific reserves totaled $6.3 million and $11.0 million at December 31, 2015 and 2014, respectively.