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

6 Months Ended

Jun. 30, 2014

Tables/Schedules

Schedule of Fair Value of Assets and Liabilities

			June 30, 2014		December 31, 2013
(in 000’s)	Level in		Carrying	Fair	Carrying	Fair
	Value Hierarchy		Amount	Value	Amount	Value
(Dollars in thousands)
Assets:
Cash and cash equivalents	Level 1		$5,810	$5,810	$5,790	5,790
Available for sale securities	(1	9,667		9,667	9,580	9,580
Loans held for sale	Level 2	-		-	1,646	1,646
Loans, net of allowance for loan losses	(2	42,442		42,749	42,711	43,304
Accrued interest receivable	Level 2		259	259	256	256
Liabilities:
Demand deposits	Level 2		28,691	28,691	28,658	28,658
Savings deposits	Level 2		12,394	12,394	12,988	12,988
Time deposits	Level 2		15,143	15,162	15,463	15,472
Accrued interest payable	Level 2		13	13	13	13