11. Fair Value Measurements: Schedule of Fair Value of Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of Fair Value of Assets and Liabilities

(in 000’s)

	Level in	2013		2012
	Value	Carrying	Fair	Carrying	Fair
Assets:	Hierarchy	Amount	Value	Amount	Value
Cash and cash equivalents	Level 1	$5,790	$5,790	$10,236	$10,236
Available for sale securities	(1)	9,580	9,580	1,027	1,027
Held to maturity securities	Level 2	-	-	11,895	12,486
Loans held for sale	Level 2	1,646	1,646	-	-
Loans, net of allowance for loan losses	(2)	42,711	43,304	41,502	40,325
Interest receivable	Level 2	256	256	310	310
Liabilities:
Demand deposits	Level 2	28,658	28,658	29,851	29,851
Savings deposits	Level 2	12,988	12,988	14,239	14,239
Time deposits	Level 2	15,463	15,472	16,886	16,902
Interest Payable	Level 2	13	13	30	30

- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

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