8. Fair Value: Schedule of Fair Value of Assets Measured on a Nonrecurring Basis (Tables)

3 Months Ended

Mar. 31, 2015

Tables/Schedules

Schedule of Fair Value of Assets Measured on a Nonrecurring Basis

The following table presents the assets carried on the consolidated balance sheet by level within the hierarchy as of March 31, 2015 and December 31, 2014, for which a nonrecurring change in fair value has been recorded during the three months ended March 31, 2015 and year ended December 31, 2014.

 Carrying Value at March 31, 2015:

(in 000’s)	Total	Quoted Prices in Active markets for Identical Assets (Level 1)	Significant Other Observable Inputs (Level 2)	Significant Unobservable Inputs (Level 3)	Total fair value gain (loss) during 3 months ended
Impaired loans	$1,594	$-	$-	$1,594	$(44)
Other real estate owned (“OREO”)	$708	$-	$-	$708	$52

Carrying Value at December 31, 2014:

(in 000’s)	Total	Quoted Prices in Active markets for Identical Assets (Level 1)	Significant Other Observable Inputs (Level 2)	Significant Unobservable Inputs  (Level 3)	Total fair value gain (loss) during 12 months ended
Impaired Loans	$1,731	$-	$-	$1,731	$(142)
Other real estate owned (“OREO”)	$564	$-	$-	$564	$(13)