Fair Value (Tables)

3 Months Ended

Mar. 31, 2019

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The following table summarizes the financial assets measured at fair value on a recurring basis segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value:

Assets and Liabilities Measured on a Recurring Basis

March 31, 2019	Level 1 Inputs		Level 2 Inputs		Level 3 Inputs		Total Fair Value
	(In Thousands)
Available for sale securities:
Obligations of U.S. federal government corporations and agencies	$	-	$	3,911	$	-	$	3,911
Mortgage-backed - residential		-		77,496		-		77,496
REMICs		-		2,600		-		2,600
Collateralized mortgage obligations- residential		-		101,420		-		101,420
Preferred Stock		1		-		-		1
Corporate bonds		-		12,978		-		12,978
Obligations of state and political subdivisions		-		101,489		-		101,489
Mortgage banking derivative - asset		-		879		-		879
Mortgage banking derivative - liability		-		147		-		147

December 31, 2018	Level 1 Inputs		Level 2 Inputs		Level 3 Inputs		Total Fair Value
	(In Thousands)
Available for sale securities:
Obligation of U.S. federal government corporations and agencies	$	-	$	2,503	$	-	$	2,503
Mortgage-backed - residential		-		74,710		-		74,710
REMICs		-		2,709		-		2,709
Collateralized mortgage obligations-residential		-		101,461		-		101,461
Corporate bonds		-		12,806		-		12,806
Obligations of state and political subdivisions		-		99,887				99,887
Mortgage banking derivative - asset		-		367		-		367
Mortgage banking derivative -liability		-		73		-		73

Schedule of Fair Value, Assets Measured on Non Recurring Basis [Table Text Block]

The following table summarizes the financial assets measured at fair value on a non-recurring basis segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value:

Assets and Liabilities Measured on a Non-Recurring Basis

March 31, 2019	Level 1 Inputs		Level 2 Inputs		Level 3 Inputs		Total Fair Value
	(In Thousands)
Mortgage servicing rights	$	-	$	501	$	-	$	501
Real estate held for sale Commercial real estate		-		-		236		236
Total real estate held for sale		-		-		236		236

December 31, 2018	Level 1 Inputs		Level 2 Inputs		Level 3 Inputs		Total Fair Value
	(In Thousands)
Impaired loans
Commercial real estate	$	-	$	-	$	1,456	$	1,456
Commercial						319		319
Total impaired loans		-		-		1,775		1,775
Mortgage servicing rights		-		629		-		629
Real estate held for sale
Commercial real estate		-		-		705		705
Total real estate held for sale		-		-		705		705

Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block]

For Level 3 assets and liabilities measured at fair value on a recurring or nonrecurring basis as of March 31, 2019, the significant unobservable inputs used in the fair value measurements were as follows:

	Fair Value		Valuation Technique	Unobservable Inputs	Range of Inputs			Weighted Average
			(Dollars in Thousands)
Real estate held for sale – Applies to all classes	$	236	Purchase agreement.	Discounts for changes in market conditions		42.8	%		42.8	%

For Level 3 assets and liabilities measured at fair value on a recurring or nonrecurring basis as of December 31, 2018, the significant unobservable inputs used in the fair value measurements were as follows:

	Fair Value		Valuation Technique	Unobservable Inputs	Range of Inputs			Weighted Average
			(Dollars in Thousands)
Impaired Loans- Applies to all loan classes	$	1,775	Appraisals which utilize sales comparison, net income and cost approach	Discounts for collection issues and changes in market conditions		10-13%			10.86	%
Real estate held for sale – Applies to all classes	$	705	Appraisals which utilize sales comparison, net income and cost approach	Discounts for changes in market conditions		20	%		20	%