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

9 Months Ended

Sep. 30, 2014

Tables/Schedules

Schedule of Fair Value of Assets and Liabilities

		September 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	$5,523	$5,523	$ 5,790	$ 5,790
Available for sale securities	(1)	9,481	9,481	9,580	9,580
Loans held for sale	Level 2	638	638	1,646	1,646
Loans held at fair value	Level 3	614	614	447	447
Loans, net of allowance for loan losses	(2)	42,274	43,006	42,711	43,304
Accrued interest receivable	Level 2	284	284	256	256
Liabilities:
Demand deposits	Level 2	29,926	29,926	28,658	28,658
Savings deposits	Level 2	12,075	23,075	12,988	12,988
Time deposits	Level 2	15,328	15,348	15,463	15,472
Accrued interest payable	Level 2	15	15	13	13