Document_And_Entity_Informatio
Document And Entity Information | 3 Months Ended | |
Mar. 31, 2014 | 1-May-14 | |
Document and Entity Information [Abstract] | ' | ' |
Entity Registrant Name | 'NATIONAL BANKSHARES INC | ' |
Document Type | '10-Q | ' |
Current Fiscal Year End Date | '--12-31 | ' |
Entity Common Stock, Shares Outstanding | ' | 6,947,974 |
Amendment Flag | 'false | ' |
Entity Central Index Key | '0000796534 | ' |
Entity Current Reporting Status | 'Yes | ' |
Entity Voluntary Filers | 'No | ' |
Entity Filer Category | 'Accelerated Filer | ' |
Entity Well-known Seasoned Issuer | 'No | ' |
Document Period End Date | 31-Mar-14 | ' |
Document Fiscal Year Focus | '2014 | ' |
Document Fiscal Period Focus | 'Q1 | ' |
Consolidated_Balance_Sheets_Cu
Consolidated Balance Sheets (Current Period Unaudited) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
Assets | ' | ' |
Cash and due from banks | $14,723,000 | $13,283,000 |
Interest-bearing deposits | 108,841,000 | 97,376,000 |
Securities available for sale, at fair value | 190,401,000 | 182,402,000 |
Securities held to maturity (fair value approximates $165,105 at March 31, 2014 and $159,337 at December 31, 2013) | 165,398,000 | 163,983,000 |
Restricted stock, at cost | 1,089,000 | 1,414,000 |
Mortgage loans held for sale | ' | 1,276,000 |
Loans, net of unearned income and deferred fees | 589,048,000 | 595,690,000 |
Less allowance for loan losses | -8,297,000 | -8,227,000 |
Loans, net | 580,751,000 | 587,463,000 |
Premises and equipment, net | 9,428,000 | 9,951,000 |
Accrued interest receivable | 5,893,000 | 5,949,000 |
Other real estate owned, net | 4,901,000 | 4,712,000 |
Intangible assets and goodwill | 8,029,000 | 8,299,000 |
Bank-owned life insurance | 21,335,000 | 21,181,000 |
Other assets | 12,321,000 | 13,341,000 |
Total assets | 1,123,110,000 | 1,110,630,000 |
Liabilities and Stockholders' Equity | ' | ' |
Noninterest-bearing demand deposits | 145,963,000 | 142,645,000 |
Interest-bearing demand deposits | 503,596,000 | 501,541,000 |
Savings deposits | 77,467,000 | 74,141,000 |
Time deposits | 237,060,000 | 241,709,000 |
Total deposits | 964,086,000 | 960,036,000 |
Accrued interest payable | 78,000 | 92,000 |
Other liabilities | 5,529,000 | 4,610,000 |
Total liabilities | 969,693,000 | 964,738,000 |
Commitments and contingencies | ' | ' |
Stockholders' Equity | ' | ' |
Preferred stock, no par value, 5,000,000 shares authorized; none issued and outstanding | 0 | 0 |
Common stock of $1.25 par value. Authorized 10,000,000 shares; issued and outstanding 6,947,974 shares at March 31, 2014 and December 31, 2013 | 8,685,000 | 8,685,000 |
Retained earnings | 158,575,000 | 154,171,000 |
Accumulated other comprehensive loss, net | -13,843,000 | -16,964,000 |
Total stockholders' equity | 153,417,000 | 145,892,000 |
Total liabilities and stockholders' equity | $1,123,110,000 | $1,110,630,000 |
Consolidated_Balance_Sheets_Cu1
Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, except Share data, unless otherwise specified | ||
Securities held to maturity fair value (in Dollars) | $165,105 | $159,337 |
Preferred stock, par value (in Dollars per share) | $0 | $0 |
Preferred stock, shares authorized | 5,000,000 | 5,000,000 |
Preferred stock, shares issued | 0 | 0 |
Preferred stock, shares outstanding | 0 | 0 |
Common stock, par value (in Dollars per share) | $1.25 | $1.25 |
Common stock, shares authorized | 10,000,000 | 10,000,000 |
Common stock, shares issued | 6,947,974 | 6,947,974 |
Common Stock, shares outstanding | 6,947,974 | 6,947,974 |
Consolidated_Statements_of_Inc
Consolidated Statements of Income (Unaudited) (USD $) | 3 Months Ended | |
In Thousands, except Share data, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Interest Income | ' | ' |
Interest and fees on loans | $7,935 | $8,319 |
Interest on interest-bearing deposits | 65 | 58 |
Interest on securities b taxable | 1,653 | 1,512 |
Interest on securities b nontaxable | 1,500 | 1,648 |
Total interest income | 11,153 | 11,537 |
Interest Expense | ' | ' |
Interest on time deposits of $100 or more | 153 | 268 |
Interest on other deposits | 1,162 | 1,411 |
Total interest expense | 1,315 | 1,679 |
Net interest income | 9,838 | 9,858 |
Provision for loan losses | 103 | 671 |
Net interest income after provision for loan losses | 9,735 | 9,187 |
Noninterest Income | ' | ' |
Service charges on deposit accounts | 592 | 588 |
Other service charges and fees | 65 | 60 |
Credit card fees | 797 | 740 |
Trust income | 293 | 289 |
BOLI income | 175 | 188 |
Other income | 277 | 281 |
Realized securities gains, net (includes accumulated other comprehensive income reclassification adjustments for unrealized net gains (losses) in available-for-sale securities of $0 for the period ended March 31, 2014 and $9 for the period ended March 31, 2013) | 1 | 9 |
Total noninterest income | 2,200 | 2,155 |
Noninterest Expense | ' | ' |
Salaries and employee benefits | 2,999 | 2,940 |
Occupancy and furniture and fixtures | 440 | 432 |
Data processing and ATM | 363 | 393 |
FDIC assessment | 147 | 136 |
Credit card processing | 549 | 552 |
Intangible assets amortization | 269 | 271 |
Net costs of other real estate owned | 77 | 75 |
Franchise taxes | 279 | 258 |
Other operating expenses | 1,059 | 907 |
Total noninterest expense | 6,182 | 5,964 |
Income before income taxes | 5,753 | 5,378 |
Income tax expense (includes income tax expense from reclassification items of $0 for the three months ended March 31, 2014 and $3 for the three months ended March 31, 2013) | 1,349 | 1,162 |
Net Income | $4,404 | $4,216 |
Basic net income per common share (in Dollars per share) | $0.63 | $0.61 |
Fully diluted net income per common share (in Dollars per share) | $0.63 | $0.60 |
Weighted average number of common shares outstanding b basic (in Shares) | 6,947,974 | 6,947,974 |
Weighted average number of common shares outstanding b diluted (in Shares) | 6,963,865 | 6,969,073 |
Consolidated_Statements_of_Inc1
Consolidated Statements of Income (Unaudited) (Parentheticals) (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Threshold limit of time deposits, minimum | $100 | $100 |
Consolidated_Statements_of_Com
Consolidated Statements of Comprehensive Income (Unaudited) (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Net Income | $4,404 | $4,216 |
Other Comprehensive Income (Loss), Net of Tax | ' | ' |
Unrealized holding gains (losses) on available for sale securities net of taxes of $1,681 and ($516) for the periods ended March 31, 2014 and 2013, respectively | 3,121 | -959 |
Reclassification adjustment, net of taxes of $0 and ($3) for the periods ended March 31, 2014 and 2013, respectively | ' | -6 |
Other comprehensive income (loss), net of taxes of $1,681 and ($519) for the periods ended March 31, 2014 and 2013, respectively | 3,121 | -965 |
Total Comprehensive Income | $7,525 | $3,251 |
Consolidated_Statements_of_Com1
Consolidated Statements of Comprehensive Income (Unaudited) (Parentheticals) (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Unrealized holding gains (losses) on available for sale securities, taxes | $1,681 | ($516) |
Reclassification adjustment, taxes | 0 | -3 |
Other comprehensive income (loss), taxes | $1,681 | ($519) |
Consolidated_Statements_of_Cha
Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (USD $) | Common Stock [Member] | Retained Earnings [Member] | Accumulated Other Comprehensive Income (Loss) [Member] | Total |
In Thousands | ||||
Balance at Dec. 31, 2012 | $8,685 | $144,162 | ($2,738) | $150,109 |
Net income | ' | 4,216 | ' | 4,216 |
Other comprehensive income (loss), net of tax | ' | ' | -965 | -965 |
Balance at Mar. 31, 2013 | 8,685 | 148,378 | -3,703 | 153,360 |
Balance at Dec. 31, 2013 | 8,685 | 154,171 | -16,964 | 145,892 |
Net income | ' | 4,404 | ' | 4,404 |
Other comprehensive income (loss), net of tax | ' | ' | 3,121 | 3,121 |
Balance at Mar. 31, 2014 | $8,685 | $158,575 | ($13,843) | $153,417 |
Consolidated_Statements_of_Cha1
Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (Parentheticals) (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Other comprehensive income (loss), tax | $1,681 | ($519) |
Consolidated_Statements_of_Cas
Consolidated Statements of Cash Flows (Unaudited) (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Cash Flows from Operating Activities | ' | ' |
Net income | $4,404 | $4,216 |
Adjustments to reconcile net income to net cash provided by operating activities: | ' | ' |
Provision for loan losses | 103 | 671 |
Depreciation of bank premises and equipment | 177 | 188 |
Amortization of intangibles | 269 | 271 |
Amortization of premiums and accretion of discounts, net | 42 | 47 |
Losses on disposal of fixed assets | 94 | ' |
Gains on sales and calls of securities available for sale, net | ' | -9 |
Gains on calls of securities held to maturity, net | -1 | ' |
Losses and write-downs on other real estate owned, net | 16 | 11 |
Increase in cash value of bank-owned life insurance | -154 | -167 |
Net change in: | ' | ' |
Mortgage loans held for sale | 1,276 | 2,483 |
Accrued interest receivable | 56 | 369 |
Other assets | -661 | 13 |
Accrued interest payable | -14 | 7 |
Other liabilities | 919 | 531 |
Net cash provided by operating activities | 6,526 | 8,631 |
Cash Flows from Investing Activities | ' | ' |
Net change interest-bearing deposits | -11,465 | -10,579 |
Proceeds from calls, principal payments, sales and maturities of securities available for sale | 2,173 | 36,460 |
Proceeds from calls, principal payments and maturities of securities held to maturity | 3,929 | 4,042 |
Purchases of securities available for sale | -5,375 | -39,040 |
Purchases of securities held to maturity | -5,381 | -10,483 |
Net change in restricted stock | 325 | -274 |
Purchases of loan participations | ' | -900 |
Collections of loan participations | 1,348 | 51 |
Loan originations and principal collections, net | 4,702 | 16,952 |
Proceeds from disposal of other real estate owned | 196 | 677 |
Recoveries on loans charged off | 158 | 25 |
Proceeds from sale and purchases of bank premises and equipment, net | 254 | -24 |
Net cash used in investing activities | -9,136 | -3,093 |
Cash Flows from Financing Activities | ' | ' |
Net change in time deposits | -4,649 | -7,846 |
Net change in other deposits | 8,699 | -1,801 |
Net cash provided by (used in) financing activities | 4,050 | -9,647 |
Net change in cash and due from banks | 1,440 | -4,109 |
Cash and due from banks at beginning of period | 13,283 | 14,783 |
Cash and due from banks at end of period | 14,723 | 10,674 |
Supplemental Disclosures of Cash Flow Information | ' | ' |
Interest paid on deposits and borrowed funds | 1,329 | 1,672 |
Income taxes paid | 1,472 | 59 |
Supplemental Disclosure of Noncash Activities | ' | ' |
Loans charged against the allowance for loan losses | 191 | 754 |
Loans transferred to other real estate owned | 401 | 347 |
Unrealized net gains (losses) on securities available for sale | $4,802 | ($1,484) |
Note_1_General
Note 1 - General | 3 Months Ended |
Mar. 31, 2014 | |
Disclosure Text Block [Abstract] | ' |
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] | ' |
Note 1: General | |
The consolidated financial statements of National Bankshares, Inc. (“NBI”) and its wholly-owned subsidiaries, The National Bank of Blacksburg (“NBB”) and National Bankshares Financial Services, Inc. (“NBFS”) (collectively, the “Company”), conform to accounting principles generally accepted in the United States of America and to general practices within the banking industry. The accompanying interim period consolidated financial statements are unaudited; however, in the opinion of management, all adjustments consisting of normal recurring adjustments, which are necessary for a fair presentation of the consolidated financial statements, have been included. The results of operations for the three months ended March 31, 2014 are not necessarily indicative of results of operations for the full year or any other interim period. The interim period consolidated financial statements and financial information included in this Form 10-Q should be read in conjunction with the notes to consolidated financial statements included in the Company’s 2013 Form 10-K. The Company posts all reports required to be filed under the Securities and Exchange Act of 1934 on its web site at www.nationalbankshares.com. | |
Subsequent events have been considered through the date when the Form 10-Q was issued. |
Note_2_StockBased_Compensation
Note 2 - Stock-Based Compensation | 3 Months Ended | ||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' | ||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Text Block] | ' | ||||||||||||||||
Note 2: Stock-Based Compensation | |||||||||||||||||
The Company had a stock option plan, the 1999 Stock Option Plan, that was adopted in 1999 and that was terminated on March 9, 2009. Incentive stock options were granted annually to key employees of NBI and its subsidiaries from 1999 to 2005 and none have been granted since 2005. All of the stock options are vested. | |||||||||||||||||
Options | Shares | Weighted | Weighted | ||||||||||||||
Average | Average | Aggregate | |||||||||||||||
Exercise | Remaining | Intrinsic | |||||||||||||||
Price Per Share | Contractual | Value | |||||||||||||||
Term | |||||||||||||||||
Outstanding at January 1, 2014 | 46,000 | $ | 23.96 | ||||||||||||||
Exercised | --- | --- | |||||||||||||||
Forfeited or expired | --- | --- | |||||||||||||||
Outstanding March 31, 2014 | 46,000 | $ | 23.96 | 1.11 | $ | 577 | |||||||||||
Exercisable at March 31, 2014 | 46,000 | $ | 23.96 | 1.11 | $ | 577 | |||||||||||
There were no shares exercised during the three months ended March 31, 2014 or March 31, 3013. As of March 31, 2014, there was no unrecognized compensation expense related to stock options. |
Note_3_Loan_Portfolio
Note 3 - Loan Portfolio | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Receivables [Abstract] | ' | ||||||||
Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | ' | ||||||||
Note 3: Loan Portfolio | |||||||||
The loan portfolio, excluding loans held for sale, was comprised of the following. | |||||||||
March 31, | December 31, | ||||||||
2014 | 2013 | ||||||||
Real estate construction | $ | 42,307 | $ | 45,925 | |||||
Consumer real estate | 146,353 | 145,499 | |||||||
Commercial real estate | 308,556 | 311,266 | |||||||
Commercial non real estate | 32,016 | 31,262 | |||||||
Public sector and IDA | 33,706 | 34,220 | |||||||
Consumer non real estate | 27,008 | 28,423 | |||||||
Gross loans | 589,946 | 596,595 | |||||||
Less unearned income and deferred fees | (898 | ) | (905 | ) | |||||
Loans, net of unearned income and deferred fees | $ | 589,048 | $ | 595,690 | |||||
Note_4_Allowance_for_Loan_Loss
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans | 3 Months Ended | ||||||||||||||||||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||||||||||||||||||
Disclosure Text Block Supplement [Abstract] | ' | ||||||||||||||||||||||||||||||||
Allowance for Credit Losses [Text Block] | ' | ||||||||||||||||||||||||||||||||
Note 4: Allowance for Loan Losses, Nonperforming Assets and Impaired Loans | |||||||||||||||||||||||||||||||||
The allowance for loan losses methodology incorporates individual evaluation of impaired loans and collective evaluation of groups of non-impaired loans. The Company performs ongoing analysis of the loan portfolio to determine credit quality and to identify impaired loans. Credit quality is rated based on the loan’s payment history, the borrower’s current financial situation and the value of the underlying collateral. | |||||||||||||||||||||||||||||||||
Impaired loans are those loans that have been modified in a troubled debt restructure (“TDR” or “restructure”) and larger, non-homogeneous loans that are in nonaccrual or exhibit payment history or financial status that indicate the probability that collection will not occur according to the loan’s terms. Generally, impaired loans are given risk ratings that indicate higher risk, such as “classified” or “other assets especially mentioned.” Impaired loans are individually evaluated to determine appropriate reserves and are measured at the lower of the invested amount or the fair market value. Impaired loans that are not troubled debt restructures and for which fair value measurement indicates an impairment loss are designated nonaccrual. A troubled debt restructure with an impairment loss may accrue interest if the loan shows a satisfactory repayment history for at least 6 months. Please refer to Note 1 of the Company’s 2013 Form 10-K, “Summary of Significant Accounting Policies” for additional information on evaluation of impaired loans and associated specific reserves, and policies regarding nonaccruals, past due status and charge-offs. | |||||||||||||||||||||||||||||||||
Troubled debt restructurings impact the estimation of the appropriate level of the allowance for loan losses. If the restructuring included forgiveness of a portion of principal, the charge-off is included in the historical charge-off rates applied to the collective evaluation methodology. Further, restructured loans are individually evaluated for impairment, with amounts below fair value accrued in the allowance for loan losses. TDRs that experience a payment default are examined to determine whether the default indicates collateral dependency or a decline in estimates of cash flow used in the fair value measurement. TDRs, as well as all impaired loans, that are determined to be collateral dependent are charged down to fair value. Deficiencies indicated by impairment measurements for TDRs that are not collateral dependent may be accrued in the allowance for loan losses or charged off if deemed uncollectible. | |||||||||||||||||||||||||||||||||
The Company evaluated characteristics in the loan portfolio and determined major segments and smaller classes within each segment. These characteristics include collateral type, repayment sources, and (if applicable) the borrower’s business model. The methodology for calculating reserves for collectively-evaluated loans is applied at the class level. | |||||||||||||||||||||||||||||||||
Portfolio Segments and Classes | |||||||||||||||||||||||||||||||||
The segments and classes used in determining the allowance for loan losses are as follows. | |||||||||||||||||||||||||||||||||
Real Estate Construction | Consumer Non Real Estate | ||||||||||||||||||||||||||||||||
Construction, residential | Commercial and Industrial | ||||||||||||||||||||||||||||||||
Construction, other | |||||||||||||||||||||||||||||||||
Public Sector and IDA | |||||||||||||||||||||||||||||||||
Consumer Real Estate | Public sector and IDA | ||||||||||||||||||||||||||||||||
Equity lines | |||||||||||||||||||||||||||||||||
Residential closed-end first liens | Commercial Non Real Estate | ||||||||||||||||||||||||||||||||
Residential closed-end junior liens | Credit cards | ||||||||||||||||||||||||||||||||
Investor-owned residential real estate | Automobile | ||||||||||||||||||||||||||||||||
Other consumer loans | |||||||||||||||||||||||||||||||||
Commercial Real Estate | |||||||||||||||||||||||||||||||||
Multifamily real estate | |||||||||||||||||||||||||||||||||
Commercial real estate, owner-occupied | |||||||||||||||||||||||||||||||||
Commercial real estate, other | |||||||||||||||||||||||||||||||||
Historical Loss Rates | |||||||||||||||||||||||||||||||||
The Company’s allowance methodology for collectively-evaluated loans applies historical loss rates by class to current class balances as part of the process of determining required reserves. Class loss rates are calculated as the net charge-offs for the class as a percentage of average class balance. The loss rate for the current quarter is averaged with that of prior periods to obtain the historical loss rate. Two loss rates for each class are calculated: total net charge-offs for the class as a percentage of average class loan balance (“class loss rate”), and total net charge-offs for the class as a percentage of average classified loans in the class (“classified loss rate”). Classified loans are those with risk ratings of “substandard” or higher. Net charge-offs in both calculations include charge-offs and recoveries of classified and non-classified loans as well as those associated with impaired loans. Class historical loss rates are applied to non-classified loan balances at the reporting date, and classified historical loss rates are applied to classified balances at the reporting date. | |||||||||||||||||||||||||||||||||
Risk Factors | |||||||||||||||||||||||||||||||||
In addition to historical loss rates, risk factors pertinent to credit risk for each class are analyzed to estimate reserves for collectively-evaluated loans. Factors include changes in national and local economic and business conditions, the nature and volume of classes within the portfolio, loan quality, loan officers’ experience, lending policies and the Company’s loan review system. | |||||||||||||||||||||||||||||||||
The analysis of certain factors results in standard allocations to all segments and classes. These factors include loan officers’ average years of experience, the risk from changes in lending policies, and the risk from changes in loan review. Factors analyzed for each class, with resultant allocations based upon the level of risk assessed for each class, include levels of past due loans, nonaccrual loans, current class balance as a percentage of total loans, and the percentage of high risk loans (defined to be junior lien mortgages, high loan-to-value loans, and interest only loans) within the class. Additionally, factors specific to each segment are analyzed and result in allocations to the segment. | |||||||||||||||||||||||||||||||||
Real estate construction loans are subject to general risks from changing commercial building and housing market trends and economic conditions that may impact demand for completed properties and the costs of completion. These risks are measured by market-area unemployment rates, bankruptcy rates, housing and commercial building market trends, and interest rates. | |||||||||||||||||||||||||||||||||
The credit quality of consumer real estate is subject to risks associated with the borrower’s repayment ability and collateral value, measured generally by analyzing local unemployment and bankruptcy trends, local housing market trends, and interest rates. | |||||||||||||||||||||||||||||||||
The commercial real estate segment includes loans secured by multifamily residential real estate, commercial real estate occupied by the owner/borrower, and commercial real estate leased to non-owners. Loans in the commercial real estate segment are impacted by economic risks from changing commercial real estate markets, rental markets for multi-family housing and commercial buildings, business bankruptcy rates, local unemployment and interest rate trends that would impact the businesses housed by the commercial real estate. | |||||||||||||||||||||||||||||||||
Commercial non real estate loans are secured by collateral other than real estate, or are unsecured. Credit risk for commercial non real estate loans is subject to economic conditions, generally monitored by local business bankruptcy trends, and interest rates. Public sector and IDA loans are extended to municipalities and related entities. Credit risk is based upon the entity’s ability to repay and interest rate trends. | |||||||||||||||||||||||||||||||||
Consumer non real estate includes credit cards, automobile and other consumer loans. Credit cards and certain other consumer loans are unsecured, while collateral is obtained for automobile loans and other consumer loans. Credit risk stems primarily from the borrower’s ability to repay, measured by average unemployment, average personal bankruptcy rates and interest rates. | |||||||||||||||||||||||||||||||||
Factor allocations applied to each class are increased for loans rated special mention and classified. The Company allocates additional reserves for “high risk” loans. | |||||||||||||||||||||||||||||||||
A detailed analysis showing the allowance roll-forward by portfolio segment and related loan balance by segment follows. | |||||||||||||||||||||||||||||||||
Activity in the Allowance for Loan Losses for the Three Months Ended March 31, 2014 | |||||||||||||||||||||||||||||||||
Real Estate | Consumer | Commercial | Commercial | Public | Consumer Non | Unallocated | Total | ||||||||||||||||||||||||||
Construction | Real Estate | Real Estate | Non Real | Sector and | Real Estate | ||||||||||||||||||||||||||||
Estate | IDA | ||||||||||||||||||||||||||||||||
Balance, December 31, 2013 | $ | 863 | $ | 1,697 | $ | 3,685 | $ | 989 | $ | 132 | $ | 576 | $ | 285 | $ | 8,227 | |||||||||||||||||
Charge-offs | (2 | ) | (54 | ) | (52 | ) | --- | --- | (83 | ) | --- | (191 | ) | ||||||||||||||||||||
Recoveries | --- | --- | 8 | 131 | --- | 19 | --- | 158 | |||||||||||||||||||||||||
Provision for loan losses | (11 | ) | 171 | 53 | (259 | ) | 70 | 17 | 62 | 103 | |||||||||||||||||||||||
Balance, March 31, 2014 | $ | 850 | $ | 1,814 | $ | 3,694 | $ | 861 | $ | 202 | $ | 529 | $ | 347 | $ | 8,297 | |||||||||||||||||
Activity in the Allowance for Loan Losses for the Three Months Ended March 31, 2013 | |||||||||||||||||||||||||||||||||
Real Estate | Consumer | Commercial | Commercial | Public | Consumer Non | Unallocated | Total | ||||||||||||||||||||||||||
Construction | Real Estate | Real Estate | Non Real | Sector and | Real Estate | ||||||||||||||||||||||||||||
Estate | IDA | ||||||||||||||||||||||||||||||||
Balance, December 31, 2012 | $ | 1,070 | $ | 2,263 | $ | 3,442 | $ | 959 | $ | 142 | $ | 424 | $ | 49 | $ | 8,349 | |||||||||||||||||
Charge-offs | (184 | ) | (53 | ) | (35 | ) | (404 | ) | --- | (78 | ) | --- | (754 | ) | |||||||||||||||||||
Recoveries | --- | --- | --- | 16 | --- | 9 | --- | 25 | |||||||||||||||||||||||||
Provision for loan losses | 287 | (364 | ) | (118 | ) | 705 | (32 | ) | 230 | (37 | ) | 671 | |||||||||||||||||||||
Balance, March 31, 2013 | $ | 1,173 | $ | 1,846 | $ | 3,289 | $ | 1,276 | $ | 110 | $ | 585 | $ | 12 | $ | 8,291 | |||||||||||||||||
Allowance for Loan Losses as of March 31, 2014 | |||||||||||||||||||||||||||||||||
Real Estate | Consumer | Commercial | Commercial | Public | Consumer Non | Unallocated | Total | ||||||||||||||||||||||||||
Construction | Real Estate | Real Estate | Non Real | Sector and | Real Estate | ||||||||||||||||||||||||||||
Estate | IDA | ||||||||||||||||||||||||||||||||
Individually evaluated for impairment | $ | --- | $ | 9 | $ | 266 | $ | 5 | $ | --- | $ | --- | $ | --- | $ | 280 | |||||||||||||||||
Collectively evaluated for impairment | 850 | 1,805 | 3,428 | 856 | 202 | 529 | 347 | 8,017 | |||||||||||||||||||||||||
Total | $ | 850 | $ | 1,814 | $ | 3,694 | $ | 861 | $ | 202 | $ | 529 | $ | 347 | $ | 8,297 | |||||||||||||||||
Allowance for Loan Losses as of December 31, 2013 | |||||||||||||||||||||||||||||||||
Real Estate | Consumer | Commercial | Commercial | Public | Consumer Non | Unallocated | Total | ||||||||||||||||||||||||||
Construction | Real Estate | Real Estate | Non Real | Sector and | Real Estate | ||||||||||||||||||||||||||||
Estate | IDA | ||||||||||||||||||||||||||||||||
Individually evaluated for impairment | $ | --- | $ | 10 | $ | 610 | $ | 4 | $ | --- | $ | --- | $ | --- | $ | 624 | |||||||||||||||||
Collectively evaluated for impairment | 863 | 1,687 | 3,075 | 985 | 132 | 576 | 285 | 7,603 | |||||||||||||||||||||||||
Total | $ | 863 | $ | 1,697 | $ | 3,685 | $ | 989 | $ | 132 | $ | 576 | $ | 285 | $ | 8,227 | |||||||||||||||||
Loans as of March 31, 2014 | |||||||||||||||||||||||||||||||||
Real Estate | Consumer | Commercial | Commercial | Public | Consumer Non | Unallocated | Total | ||||||||||||||||||||||||||
Construction | Real Estate | Real Estate | Non Real | Sector and | Real Estate | ||||||||||||||||||||||||||||
Estate | IDA | ||||||||||||||||||||||||||||||||
Individually evaluated for impairment | $ | --- | $ | 730 | $ | 11,754 | $ | 94 | $ | --- | $ | 24 | $ | --- | $ | 12,602 | |||||||||||||||||
Collectively evaluated for impairment | 42,307 | 145,623 | 296,802 | 31,922 | 33,706 | 26,984 | --- | 577,344 | |||||||||||||||||||||||||
Total loans | $ | 42,307 | $ | 146,353 | $ | 308,556 | $ | 32,016 | $ | 33,706 | $ | 27,008 | $ | --- | $ | 589,946 | |||||||||||||||||
Loans as of December 31, 2013 | |||||||||||||||||||||||||||||||||
Real Estate | Consumer | Commercial | Commercial | Public | Consumer Non | Unallocated | Total | ||||||||||||||||||||||||||
Construction | Real Estate | Real Estate | Non Real | Sector and | Real Estate | ||||||||||||||||||||||||||||
Estate | IDA | ||||||||||||||||||||||||||||||||
Individually evaluated for impairment | $ | --- | $ | 780 | $ | 12,079 | $ | 102 | $ | --- | $ | 24 | $ | --- | $ | 12,985 | |||||||||||||||||
Collectively evaluated for impairment | 45,925 | 144,719 | 299,187 | 31,160 | 34,220 | 28,399 | --- | 583,610 | |||||||||||||||||||||||||
Total | $ | 45,925 | $ | 145,499 | $ | 311,266 | $ | 31,262 | $ | 34,220 | $ | 28,423 | $ | --- | $ | 596,595 | |||||||||||||||||
A summary of ratios for the allowance for loan losses follows. | |||||||||||||||||||||||||||||||||
Three Months Ended | Year Ended | ||||||||||||||||||||||||||||||||
March 31, | December 31, | ||||||||||||||||||||||||||||||||
2014 | 2013 | 2013 | |||||||||||||||||||||||||||||||
Ratio of allowance for loan losses to the end of period loans, net of unearned income and deferred fees | 1.41 | % | 1.44 | % | 1.38 | % | |||||||||||||||||||||||||||
Ratio of net charge-offs to average loans, net of unearned income and deferred fees(1) | 0.02 | % | 0.5 | % | 0.28 | % | |||||||||||||||||||||||||||
-1 | Net charge-offs are on an annualized basis. | ||||||||||||||||||||||||||||||||
A summary of nonperforming assets follows. | |||||||||||||||||||||||||||||||||
March 31, | December 31, | ||||||||||||||||||||||||||||||||
2014 | 2013 | 2013 | |||||||||||||||||||||||||||||||
Nonperforming assets: | |||||||||||||||||||||||||||||||||
Nonaccrual loans | $ | 5,071 | $ | 10,734 | $ | 5,732 | |||||||||||||||||||||||||||
Restructured loans in nonaccrual | 1,007 | 1,691 | 852 | ||||||||||||||||||||||||||||||
Total nonperforming loans | 6,078 | 12,425 | 6,584 | ||||||||||||||||||||||||||||||
Other real estate owned, net | 4,901 | 1,094 | 4,712 | ||||||||||||||||||||||||||||||
Total nonperforming assets | $ | 10,979 | $ | 13,519 | $ | 11,296 | |||||||||||||||||||||||||||
Ratio of nonperforming assets to loans, net of unearned income and deferred fees, plus other real estate owned | 1.85 | % | 2.35 | % | 1.88 | % | |||||||||||||||||||||||||||
Ratio of allowance for loan losses to nonperforming loans(1) | 136.51 | % | 66.73 | % | 124.95 | % | |||||||||||||||||||||||||||
(1) The Company defines nonperforming loans as nonaccrual loans. Loans 90 days or more past due and still accruing and accruing restructured loans are excluded. | |||||||||||||||||||||||||||||||||
A summary of loans past due 90 days or more and impaired loans follows. | |||||||||||||||||||||||||||||||||
March 31, | December 31, | ||||||||||||||||||||||||||||||||
2014 | 2013 | 2013 | |||||||||||||||||||||||||||||||
Loans past due 90 days or more and still accruing | $ | 163 | $ | 568 | $ | 190 | |||||||||||||||||||||||||||
Ratio of loans past due 90 days or more and still accruing to loans, net of unearned income and deferred fees | 0.03 | % | 0.1 | % | 0.03 | % | |||||||||||||||||||||||||||
Accruing restructured loans | $ | 6,145 | $ | 5,732 | $ | 6,191 | |||||||||||||||||||||||||||
Impaired loans: | |||||||||||||||||||||||||||||||||
Impaired loans with no valuation allowance | $ | 10,139 | $ | 16,263 | $ | 10,372 | |||||||||||||||||||||||||||
Impaired loans with a valuation allowance | 2,463 | 995 | 2,613 | ||||||||||||||||||||||||||||||
Total impaired loans | $ | 12,602 | $ | 17,258 | $ | 12,985 | |||||||||||||||||||||||||||
Valuation allowance | (280 | ) | (273 | ) | (624 | ) | |||||||||||||||||||||||||||
Impaired loans, net of allowance | $ | 12,322 | $ | 16,985 | $ | 12,361 | |||||||||||||||||||||||||||
Average recorded investment in impaired loans(1) | $ | 13,075 | $ | 17,935 | $ | 16,654 | |||||||||||||||||||||||||||
Interest income recognized on impaired loans, after designation as impaired | $ | 99 | $ | 10 | $ | 267 | |||||||||||||||||||||||||||
Amount of income recognized on a cash basis | $ | --- | $ | --- | $ | --- | |||||||||||||||||||||||||||
(1) Recorded investment includes principal net of unearned interest and deferred fees and costs, and accrued interest. | |||||||||||||||||||||||||||||||||
Nonaccrual loans that meet the Company’s balance threshold of $250 and TDRs are designated as impaired. No interest income was recognized on nonaccrual loans for the three months ended March 31, 2014 or March 31, 2013 or for the year ended December 31, 2013. | |||||||||||||||||||||||||||||||||
A detailed analysis of investment in impaired loans, associated reserves and interest income recognized, segregated by loan class follows. | |||||||||||||||||||||||||||||||||
Impaired Loans as of March 31, 2014 | |||||||||||||||||||||||||||||||||
Principal Blance | (A) | Recorded Investment(1) in (A) for Which There is No Related Allowance | Recorded Investment(1) in (A) for Which There is a Related Allowance | Related Allowance | |||||||||||||||||||||||||||||
Total Recorded Investment(1) | |||||||||||||||||||||||||||||||||
Consumer Real Estate(2) | |||||||||||||||||||||||||||||||||
Residential closed-end first liens | $ | 399 | $ | 401 | $ | 171 | $ | 230 | $ | 3 | |||||||||||||||||||||||
Residential closed-end junior liens | 253 | 253 | --- | 253 | 6 | ||||||||||||||||||||||||||||
Investor-owned residential real estate | 78 | 78 | --- | 78 | --- | ||||||||||||||||||||||||||||
Commercial Real Estate(2) | |||||||||||||||||||||||||||||||||
Multifamily real estate | 3,271 | 3,268 | 3,268 | --- | --- | ||||||||||||||||||||||||||||
Commercial real estate, owner-occupied | 5,346 | 5,354 | 3,543 | 1,811 | 266 | ||||||||||||||||||||||||||||
Commercial real estate, other | 3,137 | 3,137 | 3,137 | --- | --- | ||||||||||||||||||||||||||||
Commercial Non Real Estate(2) | |||||||||||||||||||||||||||||||||
Commercial and Industrial | 94 | 94 | --- | 94 | 5 | ||||||||||||||||||||||||||||
Consumer Non Real Estate(2) | |||||||||||||||||||||||||||||||||
Automobile | 24 | 24 | 24 | --- | --- | ||||||||||||||||||||||||||||
Total | $ | 12,602 | $ | 12,609 | $ | 10,143 | $ | 2,466 | $ | 280 | |||||||||||||||||||||||
(1) Recorded investment includes principal net of unearned interest and deferred fees and costs, and accrued interest. | |||||||||||||||||||||||||||||||||
(2) Only classes with impaired loans are shown. | |||||||||||||||||||||||||||||||||
Impaired Loans as of December 31, 2013 | |||||||||||||||||||||||||||||||||
Principal Blance | (A) | Recorded Investment(1) in (A) for Which There is No Related Allowance | Recorded Investment(1) in (A) for Which There is a Related Allowance | Related Allowance | |||||||||||||||||||||||||||||
Total Recorded Investment(1) | |||||||||||||||||||||||||||||||||
Consumer Real Estate(2) | |||||||||||||||||||||||||||||||||
Residential closed-end first liens | $ | 440 | $ | 442 | $ | 232 | $ | 210 | $ | 3 | |||||||||||||||||||||||
Residential closed-end junior liens | 259 | 261 | --- | 261 | 7 | ||||||||||||||||||||||||||||
Investor-owned residential real estate | 81 | 82 | 82 | --- | --- | ||||||||||||||||||||||||||||
Commercial Real Estate(2) | |||||||||||||||||||||||||||||||||
Multifamily real estate | 3,278 | 3,274 | 3,274 | --- | --- | ||||||||||||||||||||||||||||
Commercial real estate, owner occupied | 5,643 | 5,645 | 3,864 | 1,781 | 610 | ||||||||||||||||||||||||||||
Commercial real estate, other | 3,158 | 3,158 | 3,158 | --- | --- | ||||||||||||||||||||||||||||
Commercial Non Real Estate(2) | |||||||||||||||||||||||||||||||||
Commercial and Industrial | 102 | 103 | 1 | 102 | 4 | ||||||||||||||||||||||||||||
Consumer Non Real Estate(2) | |||||||||||||||||||||||||||||||||
Automobile | 24 | 24 | 24 | --- | --- | ||||||||||||||||||||||||||||
Total | $ | 12,985 | $ | 12,989 | $ | 10,635 | $ | 2,354 | $ | 624 | |||||||||||||||||||||||
(1) Recorded investment includes principal net of unearned interest and deferred fees and costs, and accrued interest. | |||||||||||||||||||||||||||||||||
(2) Only classes with impaired loans are shown. | |||||||||||||||||||||||||||||||||
The following tables show the average investment and interest income recognized for impaired loans. | |||||||||||||||||||||||||||||||||
For the Three Months Ended | |||||||||||||||||||||||||||||||||
31-Mar-14 | |||||||||||||||||||||||||||||||||
Average Recorded Investment(1) | Interest Income Recognized | ||||||||||||||||||||||||||||||||
Consumer Real Estate(2) | |||||||||||||||||||||||||||||||||
Residential closed-end first liens | $ | 561 | $ | 4 | |||||||||||||||||||||||||||||
Residential closed-end junior liens | 257 | 5 | |||||||||||||||||||||||||||||||
Investor-owned residential real estate | 79 | 1 | |||||||||||||||||||||||||||||||
Commercial Real Estate(2) | |||||||||||||||||||||||||||||||||
Multifamily real estate | 3,386 | --- | |||||||||||||||||||||||||||||||
Commercial real estate, owner occupied | 5,515 | 44 | |||||||||||||||||||||||||||||||
Commercial real estate, other | 3,150 | 44 | |||||||||||||||||||||||||||||||
Commercial Non Real Estate(2) | |||||||||||||||||||||||||||||||||
Commercial and Industrial | 101 | 1 | |||||||||||||||||||||||||||||||
Consumer Non Real Estate(2) | |||||||||||||||||||||||||||||||||
Automobile | 26 | --- | |||||||||||||||||||||||||||||||
Total | $ | 13,075 | $ | 99 | |||||||||||||||||||||||||||||
(1) Recorded investment includes principal net of unearned interest and deferred fees and costs, and accrued interest. | |||||||||||||||||||||||||||||||||
(2) Only classes with impaired loans are shown. | |||||||||||||||||||||||||||||||||
For the Year Ended | |||||||||||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||
Average | Interest | ||||||||||||||||||||||||||||||||
Recorded | Income | ||||||||||||||||||||||||||||||||
Investment(1) | Recognized | ||||||||||||||||||||||||||||||||
Real Estate Construction(2) | |||||||||||||||||||||||||||||||||
Construction, residential | $ | 40 | $ | --- | |||||||||||||||||||||||||||||
Construction, other | 2,885 | --- | |||||||||||||||||||||||||||||||
Commercial Real Estate(2) | |||||||||||||||||||||||||||||||||
Residential closed-end first liens | 364 | 3 | |||||||||||||||||||||||||||||||
Residential closed-end junior liens | 280 | 9 | |||||||||||||||||||||||||||||||
Investor-owned residential real estate | 131 | 6 | |||||||||||||||||||||||||||||||
Commercial Real Estate(2) | |||||||||||||||||||||||||||||||||
Multifamily real estate | 4,172 | --- | |||||||||||||||||||||||||||||||
Commercial real estate, owner occupied | 5,265 | 136 | |||||||||||||||||||||||||||||||
Commercial real estate, other | 3,369 | 110 | |||||||||||||||||||||||||||||||
Commercial Non Real Estate(2) | |||||||||||||||||||||||||||||||||
Commercial and Industrial | 117 | 3 | |||||||||||||||||||||||||||||||
Consumer Non Real Estate(2) | |||||||||||||||||||||||||||||||||
Automobile | 31 | --- | |||||||||||||||||||||||||||||||
Total | $ | 16,654 | $ | 267 | |||||||||||||||||||||||||||||
(1) Recorded investment includes principal net of unearned interest and deferred fees and costs, and accrued interest. | |||||||||||||||||||||||||||||||||
(2) Only classes with impaired loans are shown. | |||||||||||||||||||||||||||||||||
The Company reviews nonaccrual loans on an individual loan basis to determine whether future payments are reasonably assured. To satisfy this criteria, the Company’s evaluation must determine that the underlying cause of the original delinquency or weakness that indicated nonaccrual status has been resolved, such as receipt of new guarantees, increased cash flows that cover the debt service or other resolution. Nonaccrual loans that demonstrate reasonable assurance of future payments and that have made at least six consecutive payments in accordance with repayment terms and timeframes may be returned to accrual status. | |||||||||||||||||||||||||||||||||
A restructured loan for which impairment measurement does not indicate a loss and that maintains current status for at least six months may be returned to accrual status. | |||||||||||||||||||||||||||||||||
An analysis of past due and nonaccrual loans as of March 31, 2014 follows. | |||||||||||||||||||||||||||||||||
30 – 89 Days Past Due | 90 or More Days Past Due | 90 or More | Nonaccruals | ||||||||||||||||||||||||||||||
Days Past Due | (Including | ||||||||||||||||||||||||||||||||
and Still | Impaired | ||||||||||||||||||||||||||||||||
Accruing | Nonaccruals) | ||||||||||||||||||||||||||||||||
Real Estate Construction | |||||||||||||||||||||||||||||||||
Construction, residential | $ | 163 | $ | --- | $ | --- | $ | --- | |||||||||||||||||||||||||
Construction, other | 14 | --- | --- | --- | |||||||||||||||||||||||||||||
Consumer Real Estate | |||||||||||||||||||||||||||||||||
Equity lines | --- | --- | --- | --- | |||||||||||||||||||||||||||||
Residential closed-end first liens | 1,025 | 270 | 148 | 267 | |||||||||||||||||||||||||||||
Residential closed-end junior liens | 58 | --- | --- | --- | |||||||||||||||||||||||||||||
Investor-owned residential real estate | 334 | --- | --- | 17 | |||||||||||||||||||||||||||||
Commercial Real Estate | |||||||||||||||||||||||||||||||||
Multifamily real estate | 728 | 3,271 | --- | 3,271 | |||||||||||||||||||||||||||||
Commercial real estate, owner-occupied | 128 | 1,477 | --- | 2,378 | |||||||||||||||||||||||||||||
Commercial real estate, other | --- | --- | --- | --- | |||||||||||||||||||||||||||||
Commercial Non Real Estate | |||||||||||||||||||||||||||||||||
Commercial and Industrial | 202 | 43 | --- | 121 | |||||||||||||||||||||||||||||
Public Sector and IDA | |||||||||||||||||||||||||||||||||
Public sector and IDA | --- | --- | --- | --- | |||||||||||||||||||||||||||||
Consumer Non Real Estate | |||||||||||||||||||||||||||||||||
Credit cards | 2 | 3 | 3 | --- | |||||||||||||||||||||||||||||
Automobile | 78 | 36 | 12 | 24 | |||||||||||||||||||||||||||||
Other consumer loans | 25 | --- | --- | --- | |||||||||||||||||||||||||||||
Total | $ | 2,757 | $ | 5,100 | $ | 163 | $ | 6,078 | |||||||||||||||||||||||||
An analysis of past due and nonaccrual loans follows. | |||||||||||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||
30 – 89 | 90 or More | 90 or More | Nonaccruals | ||||||||||||||||||||||||||||||
Days Past | Days Past Due | Days Past Due | (Including | ||||||||||||||||||||||||||||||
Due | and Still | Impaired | |||||||||||||||||||||||||||||||
Accruing | Nonaccruals) | ||||||||||||||||||||||||||||||||
Real Estate Construction | |||||||||||||||||||||||||||||||||
Construction, residential | $ | 45 | $ | --- | $ | --- | $ | --- | |||||||||||||||||||||||||
Construction, other | 45 | --- | --- | --- | |||||||||||||||||||||||||||||
Consumer Real Estate | |||||||||||||||||||||||||||||||||
Equity lines | --- | --- | --- | --- | |||||||||||||||||||||||||||||
Residential closed-end first liens | 903 | 252 | 128 | 308 | |||||||||||||||||||||||||||||
Residential closed-end junior liens | 10 | --- | --- | --- | |||||||||||||||||||||||||||||
Investor-owned residential real estate | 422 | 91 | --- | 91 | |||||||||||||||||||||||||||||
Commercial Real Estate | |||||||||||||||||||||||||||||||||
Multifamily real estate | 430 | 3,278 | --- | 3,278 | |||||||||||||||||||||||||||||
Commercial real estate, owner occupied | 604 | 2,519 | --- | 2,756 | |||||||||||||||||||||||||||||
Commercial real estate, other | 32 | --- | --- | --- | |||||||||||||||||||||||||||||
Commercial Non Real Estate | |||||||||||||||||||||||||||||||||
Commercial and Industrial | 196 | 43 | --- | 128 | |||||||||||||||||||||||||||||
Public Sector and IDA | |||||||||||||||||||||||||||||||||
Public sector and IDA | --- | --- | --- | --- | |||||||||||||||||||||||||||||
Consumer Non Real Estate | |||||||||||||||||||||||||||||||||
Credit cards | 3 | 13 | 13 | --- | |||||||||||||||||||||||||||||
Automobile | 217 | 26 | 2 | 23 | |||||||||||||||||||||||||||||
Other consumer loans | 49 | 46 | 47 | --- | |||||||||||||||||||||||||||||
Total | $ | 2,956 | $ | 6,268 | $ | 190 | $ | 6,584 | |||||||||||||||||||||||||
The estimate of credit risk for non-impaired loans is obtained by applying allocations for internal and external factors. The allocations are increased for loans that exhibit greater credit quality risk. | |||||||||||||||||||||||||||||||||
Credit quality indicators, which the Company terms risk grades, are assigned through the Company’s credit review function for larger loans and selective review of loans that fall below credit review thresholds. Loans that do not indicate heightened risk are graded as “pass.” Loans that appear to have elevated credit risk because of frequent or persistent past due status, which is less than 75 days, or that show weakness in the borrower’s financial condition are risk graded “special mention.” Loans with frequent or persistent delinquency exceeding 75 days or that have a higher level of weakness in the borrower’s financial condition are graded “classified.” Classified loans have regulatory risk ratings of “substandard” and “doubtful.” Allocations are increased by 50% and by 100% for loans with grades of “special mention” and “classified,” respectively. | |||||||||||||||||||||||||||||||||
Determination of risk grades was completed for the portfolio as of March 31, 2014 and 2013 and December 31, 2013. | |||||||||||||||||||||||||||||||||
The following displays collectively-evaluated loans by credit quality indicator. | |||||||||||||||||||||||||||||||||
31-Mar-14 | |||||||||||||||||||||||||||||||||
Pass | Special | Classified | |||||||||||||||||||||||||||||||
Mention | (Excluding | ||||||||||||||||||||||||||||||||
Impaired) | |||||||||||||||||||||||||||||||||
Real Estate Construction | |||||||||||||||||||||||||||||||||
Construction, 1-4 family residential | $ | 14,910 | $ | 163 | $ | --- | |||||||||||||||||||||||||||
Construction, other | 27,191 | 29 | 14 | ||||||||||||||||||||||||||||||
Consumer Real Estate | |||||||||||||||||||||||||||||||||
Equity lines | 15,935 | --- | 15 | ||||||||||||||||||||||||||||||
Closed-end first liens | 80,765 | 658 | 1,343 | ||||||||||||||||||||||||||||||
Closed-end junior liens | 5,279 | 55 | 2 | ||||||||||||||||||||||||||||||
Investor-owned residential real estate | 41,089 | 103 | 379 | ||||||||||||||||||||||||||||||
Commercial Real Estate | |||||||||||||||||||||||||||||||||
Multifamily residential real estate | 67,175 | --- | 728 | ||||||||||||||||||||||||||||||
Commercial real estate owner-occupied | 131,259 | 2,175 | 754 | ||||||||||||||||||||||||||||||
Commercial real estate, other | 90,473 | 1,201 | 3,037 | ||||||||||||||||||||||||||||||
Commercial Non Real Estate | |||||||||||||||||||||||||||||||||
Commercial and Industrial | 30,748 | 881 | 293 | ||||||||||||||||||||||||||||||
Public Sector and IDA | |||||||||||||||||||||||||||||||||
States and political subdivisions | 33,706 | --- | --- | ||||||||||||||||||||||||||||||
Consumer Non Real Estate | |||||||||||||||||||||||||||||||||
Credit cards | 5,141 | --- | --- | ||||||||||||||||||||||||||||||
Automobile | 11,781 | 110 | 22 | ||||||||||||||||||||||||||||||
Other consumer | 9,911 | 12 | 7 | ||||||||||||||||||||||||||||||
Total | $ | 565,363 | $ | 5,387 | $ | 6,594 | |||||||||||||||||||||||||||
The following displays collectively-evaluated loans by credit quality indicator. | |||||||||||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||
Pass | Special | Classified | |||||||||||||||||||||||||||||||
Mention | (Excluding | ||||||||||||||||||||||||||||||||
(Excluding | Impaired) | ||||||||||||||||||||||||||||||||
Impaired) | |||||||||||||||||||||||||||||||||
Real Estate Construction | |||||||||||||||||||||||||||||||||
Construction, 1-4 family residential | $ | 17,702 | $ | 163 | $ | 45 | |||||||||||||||||||||||||||
Construction, other | 27,971 | 29 | 15 | ||||||||||||||||||||||||||||||
Consumer Real Estate | |||||||||||||||||||||||||||||||||
Equity lines | 16,146 | 16 | --- | ||||||||||||||||||||||||||||||
Closed-end first liens | 82,767 | 1,007 | 1,275 | ||||||||||||||||||||||||||||||
Closed-end junior liens | 4,813 | 109 | 3 | ||||||||||||||||||||||||||||||
Investor-owned residential real estate | 38,071 | 105 | 407 | ||||||||||||||||||||||||||||||
Commercial Real Estate | |||||||||||||||||||||||||||||||||
Multifamily residential real estate | 67,573 | --- | 958 | ||||||||||||||||||||||||||||||
Commercial real estate owner-occupied | 134,137 | 2,206 | 701 | ||||||||||||||||||||||||||||||
Commercial real estate, other | 89,340 | 1,209 | 3,063 | ||||||||||||||||||||||||||||||
Commercial Non Real Estate | |||||||||||||||||||||||||||||||||
Commercial and Industrial | 29,987 | 878 | 295 | ||||||||||||||||||||||||||||||
Public Sector and IDA | |||||||||||||||||||||||||||||||||
States and political subdivisions | 24,220 | --- | --- | ||||||||||||||||||||||||||||||
Consumer Non Real Estate | |||||||||||||||||||||||||||||||||
Credit cards | 6,354 | --- | --- | ||||||||||||||||||||||||||||||
Automobile | 11,428 | 253 | 34 | ||||||||||||||||||||||||||||||
Other consumer | 10,253 | 17 | 60 | ||||||||||||||||||||||||||||||
Total | $ | 570,762 | $ | 5,992 | $ | 6,856 | |||||||||||||||||||||||||||
Sales, Purchases and Reclassification of Loans | |||||||||||||||||||||||||||||||||
The Company finances mortgages under “best efforts” contracts with mortgage purchasers. The mortgages are designated as held for sale upon initiation. There have been no major reclassifications from portfolio loans to held for sale. Occasionally, the Company purchases or sells participations in loans. All participation loans purchased met the Company’s normal underwriting standards at the time the participation was entered. Participation loans are included in the appropriate portfolio balances to which the allowance methodology is applied. | |||||||||||||||||||||||||||||||||
Troubled Debt Restructurings | |||||||||||||||||||||||||||||||||
The Company modifies loans in troubled debt restructurings. Total troubled debt restructurings amounted to $7,152 at March 31, 2014, $7,043 at December 31, 2013, and $7,423 at March 31, 2013. The following tables present restructurings by class that occurred during three month period ended March 31, 2014, and the three month period ended March 31, 2013. | |||||||||||||||||||||||||||||||||
Note: Only classes with restructured loans are presented. | |||||||||||||||||||||||||||||||||
Restructurings That Occurred During the Three Months | |||||||||||||||||||||||||||||||||
Ended March 31, 2014 | |||||||||||||||||||||||||||||||||
Number of | Pre-Modification | Post- | |||||||||||||||||||||||||||||||
Contracts | Outstanding | Modification | |||||||||||||||||||||||||||||||
Principal Balance | Outstanding | ||||||||||||||||||||||||||||||||
Principal Balance | |||||||||||||||||||||||||||||||||
Commercial Real Estate | |||||||||||||||||||||||||||||||||
Commercial real estate, owner occupied | 1 | $ | 184 | $ | 209 | ||||||||||||||||||||||||||||
Total | 1 | $ | 184 | $ | 209 | ||||||||||||||||||||||||||||
During the three-month period ended March 31, 2014, the Company restructured one loan pursuant to bankruptcy court orders. The restructuring capitalized interest, reduced the interest rate and re-amortized payments. The fair value measurement of the restructured loan resulted in a specific allocation to the allowance for loan losses of $30. | |||||||||||||||||||||||||||||||||
Restructurings That Occurred During the Three Months Ended | |||||||||||||||||||||||||||||||||
31-Mar-13 | |||||||||||||||||||||||||||||||||
Number of | Pre-Modification | Post-Modification | |||||||||||||||||||||||||||||||
Contracts | Outstanding | Outstanding | |||||||||||||||||||||||||||||||
Principal Balance | Principal Balance | ||||||||||||||||||||||||||||||||
Real Estate Construction | |||||||||||||||||||||||||||||||||
Construction, other | 1 | $ | 3,500 | $ | 3,500 | ||||||||||||||||||||||||||||
Commercial Real Estate | |||||||||||||||||||||||||||||||||
Commercial real estate, owner occupied | 1 | 154 | 239 | ||||||||||||||||||||||||||||||
Total | 2 | $ | 3,654 | $ | 3,739 | ||||||||||||||||||||||||||||
The troubled debt restructurings during the first three months of 2013 provided payment relief to the borrowers without forgiveness of principal or accrued interest. The interest-only period on the real estate construction loan was extended beyond the contract date specified to begin amortization. The commercial real estate loan modification included an extended term, lower interest rate and new funds for debt consolidation to allow the borrower increased debt service ability. As troubled debt restructurings, the loans were individually evaluated under ASC 310. The impairment analysis was based upon the fair value of collateral for the construction loan and upon the present value of cash flows for the commercial real estate loan. The fair value measurements indicated fair values in excess of the loan balances and neither measurement resulted in a specific allocation. | |||||||||||||||||||||||||||||||||
The Company analyzed its TDR portfolio for loans that defaulted during the three-month periods ended March 31, 2014 and March 31, 2013, and that were modified within 12 months prior to default. The Company defines default as one or more payments that occur more than 90 days past the due date, or charge-offs or foreclosure after the date of restructuring. There were no restructured loans that defaulted and were modified within 12 months prior to default for the three-month period ended March 31, 2014. | |||||||||||||||||||||||||||||||||
The following table presents loans that defaulted and were restructured within 12 months prior to default for the three months ended March 31, 2013: | |||||||||||||||||||||||||||||||||
Restructured Loans That Defaulted During | |||||||||||||||||||||||||||||||||
the Three Months Ended March 31, 2013 | |||||||||||||||||||||||||||||||||
That Were Modified Within 12 Months Prior | |||||||||||||||||||||||||||||||||
to Default | |||||||||||||||||||||||||||||||||
Number of Contracts | Principal Balance | ||||||||||||||||||||||||||||||||
Consumer Real Estate | |||||||||||||||||||||||||||||||||
Residential closed-end first liens | 1 | $ | 101 | ||||||||||||||||||||||||||||||
Residential closed-end junior liens | 1 | 88 | |||||||||||||||||||||||||||||||
Commercial Real Estate | |||||||||||||||||||||||||||||||||
Commercial real estate owner-occupied | 1 | 663 | |||||||||||||||||||||||||||||||
Commercial Non Real Estate | |||||||||||||||||||||||||||||||||
Commercial and industrial | 1 | 219 | |||||||||||||||||||||||||||||||
Total | 4 | $ | 1,071 | ||||||||||||||||||||||||||||||
Restructured loans are individually evaluated for impairment. The fair value measurements for all of the restructured loans that defaulted during the three-month period ended March 31, 2013 were measured using the fair value of collateral and as such, were not significantly affected by the payment default. All were maintained on nonaccrual status as of March 31, 2013. |
Note_5_Securities
Note 5 - Securities | 3 Months Ended | ||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||
Investments, Debt and Equity Securities [Abstract] | ' | ||||||||||||||||
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] | ' | ||||||||||||||||
Note 5: Securities | |||||||||||||||||
The amortized costs, gross unrealized gains, gross unrealized losses and fair values for securities available for sale by major security type are as follows. | |||||||||||||||||
31-Mar-14 | |||||||||||||||||
Amortized | Gross | Gross | Fair | ||||||||||||||
Costs | Unrealized | Unrealized | Values | ||||||||||||||
Gains | Losses | ||||||||||||||||
Available for Sale: | |||||||||||||||||
U.S. Government agencies and corporations | $ | 173,798 | $ | 233 | $ | 17,696 | $ | 156,335 | |||||||||
States and political subdivisions | 21,634 | 813 | 39 | 22,408 | |||||||||||||
Mortgage-backed securities | 2,392 | 215 | --- | 2,607 | |||||||||||||
Corporate debt securities | 8,802 | 83 | 312 | 8,573 | |||||||||||||
Other securities | 529 | --- | 51 | 478 | |||||||||||||
Total | $ | 207,155 | $ | 1,344 | $ | 18,098 | $ | 190,401 | |||||||||
31-Dec-13 | |||||||||||||||||
Amortized | Gross | Gross | Fair | ||||||||||||||
Costs | Unrealized | Unrealized | Values | ||||||||||||||
Gains | Losses | ||||||||||||||||
Available for Sale: | |||||||||||||||||
U.S. Government agencies and corporations | $ | 169,818 | $ | 199 | $ | 22,163 | $ | 147,854 | |||||||||
States and political subdivisions | 22,830 | 746 | 120 | 23,456 | |||||||||||||
Mortgage-backed securities | 2,627 | 213 | --- | 2,840 | |||||||||||||
Corporate debt securities | 7,804 | 97 | 506 | 7,395 | |||||||||||||
Other securities | 879 | --- | 22 | 857 | |||||||||||||
Total securities available for sale | $ | 203,958 | $ | 1,255 | $ | 22,811 | $ | 182,402 | |||||||||
The amortized costs, gross unrealized gains, gross unrealized losses and fair values for securities held to maturity by major security type are as follows. | |||||||||||||||||
31-Mar-14 | |||||||||||||||||
Amortized | Gross | Gross | Fair | ||||||||||||||
Costs | Unrealized | Unrealized | Values | ||||||||||||||
Gains | Losses | ||||||||||||||||
Held to Maturity: | |||||||||||||||||
U.S. Government agencies and corporations | $ | 17,940 | $ | 298 | $ | 1,187 | $ | 17,051 | |||||||||
States and political subdivisions | 145,565 | 4,298 | 3,736 | 146,127 | |||||||||||||
Mortgage-backed securities | 484 | 52 | --- | 536 | |||||||||||||
Corporate debt securities | 1,409 | --- | 18 | 1,391 | |||||||||||||
Total | $ | 165,398 | $ | 4,648 | $ | 4,941 | $ | 165,105 | |||||||||
31-Dec-13 | |||||||||||||||||
Amortized | Gross | Gross | Fair | ||||||||||||||
Costs | Unrealized | Unrealized | Values | ||||||||||||||
Gains | Losses | ||||||||||||||||
Held to Maturity: | |||||||||||||||||
U.S. Government agencies and corporations | $ | 13,973 | $ | 280 | $ | 1,448 | $ | 12,805 | |||||||||
States and political subdivisions | 149,490 | 2,971 | 6,502 | 145,959 | |||||||||||||
Mortgage-backed securities | 520 | 53 | --- | 573 | |||||||||||||
Total securities held to maturity | $ | 163,983 | $ | 3,304 | $ | 7,950 | $ | 159,337 | |||||||||
Information pertaining to securities with gross unrealized losses aggregated by investment category and length of time that individual securities have been in a continuous loss position, follows. | |||||||||||||||||
31-Mar-14 | |||||||||||||||||
Less Than 12 Months | 12 Months or More | ||||||||||||||||
Fair | Unrealized | Fair | Unrealized | ||||||||||||||
Value | Loss | Value | Loss | ||||||||||||||
Temporarily Impaired Securities: | |||||||||||||||||
U.S. Government agencies and corporations | $ | 144,919 | $ | 15,556 | $ | 20,880 | $ | 3,327 | |||||||||
States and political subdivisions | 24,639 | 1,178 | 22,165 | 2,597 | |||||||||||||
Corporate debt securities | 8,094 | 330 | --- | --- | |||||||||||||
Other securities | 138 | 51 | --- | --- | |||||||||||||
Total | $ | 177,790 | $ | 17,115 | $ | 43,045 | $ | 5,924 | |||||||||
31-Dec-13 | |||||||||||||||||
Less Than 12 Months | 12 Months or More | ||||||||||||||||
Fair | Unrealized | Fair | Unrealized | ||||||||||||||
Value | Loss | Value | Loss | ||||||||||||||
Temporarily Impaired Securities: | |||||||||||||||||
U.S. Government agencies and corporations | $ | 138,324 | $ | 20,400 | $ | 15,796 | $ | 3,211 | |||||||||
States and political subdivisions | 58,013 | 6,131 | 2,697 | 491 | |||||||||||||
Corporate debt securities | 5,511 | 506 | --- | --- | |||||||||||||
Other securities | 167 | 22 | --- | --- | |||||||||||||
Total | $ | 202,015 | $ | 27,059 | $ | 18,493 | $ | 3,702 | |||||||||
The Company had 272 securities with a fair value of $220,835 which were temporarily impaired at March 31, 2014. The total unrealized loss on these securities was $23,039. Of the temporarily impaired total, 62 securities with a fair value of $43,045 and an unrealized loss of $5,924 have been in a continuous loss position for twelve months or more. The Company has determined that these securities are temporarily impaired at March 31, 2014 for the reasons set out below. | |||||||||||||||||
U.S. Government agencies. The unrealized losses in this category of investments were caused by interest rate and market fluctuations. The contractual terms of the investments do not permit the issuer to settle the securities at a price less than the cost basis of each investment. The Company is monitoring bond market trends and developing strategies to address unrealized losses. At this time, the unrealized losses are not considered to be other-than-temporarily impaired. | |||||||||||||||||
States and political subdivisions. This category’s unrealized losses are primarily the result of interest rate and market fluctuations. The contractual terms of the investments do not permit the issuer to settle the securities at a price less than the cost basis of each investment. Because the Company does not intend to sell any of the investments and it is not likely that the Company will be required to sell any of the investments before recovery of its amortized cost basis, which may be at maturity, the Company does not consider these investments to be other-than-temporarily impaired. | |||||||||||||||||
Corporate. The Company’s unrealized losses in corporate debt securities are related to interest rate and market fluctuations. The contractual terms of the investments do not permit the issuer to settle the securities at a price less than the cost basis of each investment. Because the Company does not intend to sell any of the investments before recovery of its amortized cost basis, which may be at maturity, the Company does not consider these investments to be other-than-temporarily impaired. | |||||||||||||||||
Other securities. The Company holds a small investment in community bank stock. The value of this investment has been negatively affected by market conditions. Because the Company does not intend to sell this investment before recovery of amortized cost basis, the Company does not consider these investments to be other-than-temporarily impaired. | |||||||||||||||||
As a member of the Federal Reserve and the Federal Home Loan Bank (“FHLB”) of Atlanta, NBB is required to maintain certain minimum investments in the common stock of those entities. Required levels of investment are based upon NBB’s capital and a percentage of qualifying assets. In addition, NBB is eligible to borrow from the FHLB with borrowings collateralized by qualifying assets, primarily residential mortgage loans and NBB’s capital stock investment in the FHLB. Redemption of FHLB stock is subject to certain limitations and conditions. At its discretion, the FHLB may declare dividends on the stock. Management reviews for impairment based upon the ultimate recoverability of the cost basis of the FHLB stock, and at March 31, 2014, management did not consider there to be any impairment. | |||||||||||||||||
Management regularly monitors the credit quality of the investment portfolio. Changes in ratings are noted and follow-up research on the issuer is undertaken when warranted. Management intends to carefully follow any changes in bond quality. |
Note_6_Recent_Accounting_Prono
Note 6 - Recent Accounting Pronouncements | 3 Months Ended |
Mar. 31, 2014 | |
New Accounting Pronouncements and Changes in Accounting Principles [Abstract] | ' |
New Accounting Pronouncements and Changes in Accounting Principles [Text Block] | ' |
Note 6: Recent Accounting Pronouncements | |
In January 2014, the FASB issued ASU 2014-01, “Investments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Qualified Affordable Housing Projects (a consensus of the FASB Emerging Issues Task Force).” The amendments in this ASU permit reporting entities to make an accounting policy election to account for their investments in qualified affordable housing projects using the proportional amortization method if certain conditions are met. Under the proportional amortization method, an entity amortizes the initial cost of the investment in proportion to the tax credits and other tax benefits received and recognizes the net investment performance in the income statement as a component of income tax expense (benefit). The amendments in this ASU should be applied retrospectively to all periods presented. A reporting entity that uses the effective yield method to account for its investments in qualified affordable housing projects before the date of adoption may continue to apply the effective yield method for those preexisting investments. The amendments in this ASU are effective for public business entities for annual periods and interim reporting periods within those annual periods, beginning after December 15, 2014. Early adoption is permitted. The Company is currently assessing the impact that ASU 2014-01 will have on its consolidated financial statements. | |
In January 2014, the FASB issued ASU 2014-04, “Receivables—Troubled Debt Restructurings by Creditors (Subtopic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure (a consensus of the FASB Emerging Issues Task Force).” The amendments in this ASU clarify that an in substance repossession or foreclosure occurs, and a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan, upon either (1) the creditor obtaining legal title to the residential real estate property upon completion of a foreclosure or (2) the borrower conveying all interest in the residential real estate property to the creditor to satisfy that loan through completion of a deed in lieu of foreclosure or through a similar legal agreement. Additionally, the amendments require interim and annual disclosure of both (1) the amount of foreclosed residential real estate property held by the creditor and (2) the recorded investment in consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure according to local requirements of the applicable jurisdiction. The amendments in this ASU are effective for public business entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2014. The Company is currently assessing the impact that ASU 2014-04 will have on its consolidated financial statements. | |
In April 2014, the FASB issued ASU 2014-08, “Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity.” The amendments in this ASU change the criteria for reporting discontinued operations while enhancing disclosures in this area. Under the new guidance, only disposals representing a strategic shift in operations should be presented as discontinued operations. Those strategic shifts should have a major effect on the organization’s operations and financial results and include disposals of a major geographic area, a major line of business, or a major equity method investment. The new guidance requires expanded disclosures about discontinued operations that will provide financial statement users with more information about the assets, liabilities, income, and expenses of discontinued operations. Additionally, the new guidance requires disclosure of the pre-tax income attributable to a disposal of a significant part of an organization that does not qualify for discontinued operations reporting. The amendments in the ASU are effective for public business entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2014. Early adoption is permitted. The Company does not expect the adoption of ASU 2014-08 to have a material impact on its consolidated financial statements. |
Note_7_Defined_Benefit_Plan
Note 7 - Defined Benefit Plan | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Compensation and Retirement Disclosure [Abstract] | ' | ||||||||
Pension and Other Postretirement Benefits Disclosure [Text Block] | ' | ||||||||
Note 7: Defined Benefit Plan | |||||||||
Components of Net Periodic Benefit Cost | |||||||||
Pension Benefits | |||||||||
Three Months Ended March 31, | |||||||||
2014 | 2013 | ||||||||
Service cost | $ | 131 | $ | 149 | |||||
Interest cost | 166 | 154 | |||||||
Expected return on plan assets | (278 | ) | (246 | ) | |||||
Amortization of prior service cost | (27 | ) | (25 | ) | |||||
Recognized net actuarial loss | 65 | 133 | |||||||
Net periodic benefit cost | $ | 57 | $ | 165 | |||||
2014 Plan Year Employer Contribution | |||||||||
Without considering the prefunding balance, the Company’s minimum required contribution to the National Bankshares, Inc. Retirement Income Plan (the “Plan”) is $396. Considering the prefunding balance, the 2014 minimum required contribution is $0. The Company elected to contribute $109 to the Plan during the three months ended March 31, 2014, for the plan year 2013. |
Note_8_Fair_Value_Measurements
Note 8 - Fair Value Measurements | 3 Months Ended | ||||||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||||||
Fair Value Disclosures [Text Block] | ' | ||||||||||||||||||||
Note 8: Fair Value Measurements | |||||||||||||||||||||
The Company records fair value adjustments to certain assets and liabilities and determines fair value disclosures utilizing a definition of fair value of assets and liabilities that states that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. Additional considerations come into play in determining the fair value of assets in markets that are not active. | |||||||||||||||||||||
The Company uses a hierarchy of valuation techniques based on whether the inputs to those valuation techniques are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company’s market assumptions. The three levels of the fair value hierarchy based on these two types of inputs are as follows: | |||||||||||||||||||||
Level 1 – | Valuation is based on quoted prices in active markets for identical assets and liabilities. | ||||||||||||||||||||
Level 2 – | Valuation is based on observable inputs including quoted prices in active markets for similar assets and liabilities, quoted prices for identical or similar assets and liabilities in less active markets, and model-based valuation techniques for which significant assumptions can be derived primarily from or corroborated by observable data in the market. | ||||||||||||||||||||
Level 3 – | Valuation is based on model-based techniques that use one or more significant inputs or assumptions that are unobservable in the market. | ||||||||||||||||||||
The following describes the valuation techniques used by the Company to measure certain assets and liabilities recorded at fair value on a recurring basis in the financial statements. | |||||||||||||||||||||
Securities Available for Sale | |||||||||||||||||||||
Securities available for sale are recorded at fair value on a recurring basis. Fair value measurement is based upon quoted market prices, when available (Level 1). If quoted market prices are not available, fair values are measured utilizing independent valuation techniques of identical or similar securities for which significant assumptions are derived primarily from or corroborated by observable market data. Third party vendors compile prices from various sources and may determine the fair value of identical or similar securities by using pricing models that consider observable market data (Level 2). The carrying value of restricted Federal Reserve Bank and Federal Home Loan Bank stock approximates fair value based upon the redemption provisions of each entity and is therefore excluded from the following table. | |||||||||||||||||||||
The following table presents the balances of assets and liabilities measured at fair value on a recurring basis. | |||||||||||||||||||||
Fair Value Measurements at March 31, 2014 Using | |||||||||||||||||||||
Description | Balance as of | Quoted Prices | Significant | Significant | |||||||||||||||||
31-Mar-14 | in Active | Other | Unobservable Inputs | ||||||||||||||||||
Markets for | Observable | (Level 3) | |||||||||||||||||||
Identical Assets | Inputs | ||||||||||||||||||||
(Level 1) | (Level 2) | ||||||||||||||||||||
U.S. Government agencies and corporations | $ | 156,335 | $ | --- | $ | 156,335 | $ | --- | |||||||||||||
States and political subdivisions | 22,408 | --- | 22,408 | --- | |||||||||||||||||
Mortgage-backed securities | 2,607 | --- | 2,607 | --- | |||||||||||||||||
Corporate debt securities | 8,573 | --- | 8,573 | --- | |||||||||||||||||
Other securities | 478 | --- | 478 | --- | |||||||||||||||||
Total securities available for sale | $ | 190,401 | $ | --- | $ | 190,401 | $ | --- | |||||||||||||
Fair Value Measurements at December 31, 2013 Using | |||||||||||||||||||||
Description | Balance as of | Quoted Prices | Significant | Significant | |||||||||||||||||
December 31, | in Active | Other | Unobservable Inputs | ||||||||||||||||||
2013 | Markets for | Observable | (Level 3) | ||||||||||||||||||
Identical Assets | Inputs | ||||||||||||||||||||
(Level 1) | (Level 2) | ||||||||||||||||||||
U.S. Government agencies and corporations | $ | 147,854 | $ | --- | $ | 147,854 | $ | --- | |||||||||||||
States and political subdivisions | 23,456 | --- | 23,456 | --- | |||||||||||||||||
Mortgage-backed securities | 2,840 | --- | 2,840 | --- | |||||||||||||||||
Corporate debt securities | 7,395 | --- | 7,395 | --- | |||||||||||||||||
Other securities | 857 | --- | 857 | --- | |||||||||||||||||
Total securities available for sale | $ | 182,402 | $ | --- | $ | 182,402 | $ | --- | |||||||||||||
Certain assets are measured at fair value on a nonrecurring basis in accordance with GAAP. Adjustments to the fair value of these assets usually result from the application of lower-of-cost-or-market accounting or write-downs of individual assets. | |||||||||||||||||||||
The following describes the valuation techniques used by the Company to measure certain assets recorded at fair value on a nonrecurring basis in the financial statements. | |||||||||||||||||||||
Loans Held for Sale | |||||||||||||||||||||
Loans held for sale are carried at the lower of cost or market value. These loans currently consist of one-to-four family residential loans originated for sale in the secondary market. Fair value is based on the price secondary markets are currently offering for similar loans using observable market data which is not materially different than cost due to the short duration between origination and sale (Level 2). As such, the Company records any fair value adjustments on a nonrecurring basis. No nonrecurring fair value adjustments were recorded on loans held for sale at March 31, 2014 or December 31, 2013. Gains and losses on the sale of loans are recorded within income from mortgage banking on the Consolidated Statements of Income. | |||||||||||||||||||||
Impaired Loans | |||||||||||||||||||||
Loans are designated as impaired when, in the judgment of management based on current information and events, it is probable that the Company will be unable to collect all the contractual interest and principal payments as scheduled in the loan agreement. Troubled debt restructurings are impaired loans. The measurement of loss associated with impaired loans may be based on either the observable market price of the loan, the present value of the expected cash flows or the fair value of the collateral. Collateral may be in the form of real estate or business assets including equipment, inventory, and accounts receivable. The vast majority of the collateral is real estate. The value of real estate collateral is determined utilizing an income or market valuation approach based on an appraisal conducted by an independent, licensed appraiser outside of the Company using observable market data (Level 2). However, if the collateral is a house or building in the process of construction, if an appraisal of the real estate property is over 12 months old or if the real estate market is considered by management to be experiencing volatility, then the fair value is considered Level 3. The value of business equipment is based upon an outside appraisal using observable market data, if the collateral is deemed significant. If the collateral is not deemed significant, the value of business equipment is based on the net book value on the borrower’s financial statements. Likewise, values for inventory and accounts receivables collateral are based on the borrower’s financial statement balances or aging reports (Level 3). Estimated losses on impaired loans allocated to the allowance for loan losses are measured at fair value on a nonrecurring basis. Any fair value adjustments are recorded in the period incurred as provision for loan losses on the Consolidated Statements of Income. | |||||||||||||||||||||
The following table summarizes the Company’s impaired loans that were measured at fair value on a nonrecurring basis at March 31, 2014 and at December 31, 2013. | |||||||||||||||||||||
Carrying Value | |||||||||||||||||||||
Date | Description | Balance | Quoted Prices | Significant | Significant | ||||||||||||||||
in Active | Other | Unobservable Inputs | |||||||||||||||||||
Markets for | Observable | (Level 3) | |||||||||||||||||||
Identical Assets | Inputs | ||||||||||||||||||||
(Level 1) | (Level 2) | ||||||||||||||||||||
Assets: | |||||||||||||||||||||
31-Mar-14 | Impaired loans net of valuation allowance | $ | 2,183 | $ | --- | $ | --- | $ | 2,183 | ||||||||||||
31-Dec-13 | Impaired loans net of valuation allowance | 1,989 | --- | --- | 1,989 | ||||||||||||||||
Impaired loans are measured quarterly for impairment. The Company employs the most applicable valuation method for each loan based on current information at the time of valuation. | |||||||||||||||||||||
The following tables present information about Level 3 Fair Value Measurements for March 31, 2014 and December 31, 2013. | |||||||||||||||||||||
31-Mar-14 | Valuation Technique | Unobservable Input | Range | ||||||||||||||||||
(Weighted Average) | |||||||||||||||||||||
Impaired loans | Discounted appraised value | Selling cost | 0% | -1 | - | 10.00% | -0.67% | ||||||||||||||
(1) The collateral method of fair value measurement incorporates a discount for selling costs if collection of the loan is expected to come from sale of the collateral. Fair value measurement using the collateral method for a loan that is dependent on the operation, but not the sale, of collateral for collection is not discounted for selling costs. | |||||||||||||||||||||
Other Real Estate Owned | |||||||||||||||||||||
Other real estate owned are real estate assets acquired in full or partial satisfaction of a loan. At acquisition, other real estate owned assets are measured at fair value. If the assets are marketed for sale by an outside party, the acquisition-date fair value is discounted by selling costs; if the assets are marketed for sale by the Company, no reduction to fair value for selling costs is made. Subsequent to acquisition, the assets are measured at the lower of initial measurement or current fair value, discounted for selling costs as appropriate. | |||||||||||||||||||||
The fair value of an other real estate owned asset is determined by an income or market valuation approach based on an appraisal conducted by an independent, licensed appraiser outside of the Company using observable market data (Level 2). If the appraisal is discounted either for age or because management considers the real estate market to be experiencing volatility, then the fair value is considered Level 3. Discounts for selling costs also result in measurement based on Level 3 inputs. Fair value adjustments are measured on a nonrecurring basis and are recorded in the period incurred as valuation allowances to other real estate owned, and expensed through noninterest expense. | |||||||||||||||||||||
The following table summarizes the Company’s other real estate owned that was measured at fair value on a nonrecurring basis. | |||||||||||||||||||||
Carrying Value | |||||||||||||||||||||
Date | Description | Balance | Quoted Prices | Significant | Significant | ||||||||||||||||
in Active | Other | Unobservable Inputs | |||||||||||||||||||
Markets for | Observable | (Level 3) | |||||||||||||||||||
Identical Assets | Inputs | ||||||||||||||||||||
(Level 1) | (Level 2) | ||||||||||||||||||||
Assets: | |||||||||||||||||||||
31-Mar-14 | Other real estate owned net of valuation allowance | $ | 4,901 | $ | --- | $ | --- | $ | 4,901 | ||||||||||||
31-Dec-13 | Other real estate owned net of valuation allowance | 4,712 | --- | --- | 4,712 | ||||||||||||||||
The following tables present information about Level 3 Fair Value Measurements for March 31, 2014 and December 31, 2013. | |||||||||||||||||||||
31-Mar-14 | Valuation Technique | Unobservable Input | Range | ||||||||||||||||||
(Weighted Average) | |||||||||||||||||||||
Other real estate owned | Discounted appraised value | Selling cost | 0.00% | -1 | - | 10% | -5.50% | ||||||||||||||
Other real estate owned | Discounted appraised value | Discount for lack of marketability and age of appraisal | 0.00% | - | 46.92% | -11.96% | |||||||||||||||
(1) The Company markets other real estate owned both independently and with local realtors. Properties marketed by realtors are discounted by selling costs. Properties that the Company markets independently are not discounted by selling costs. | |||||||||||||||||||||
The following methods and assumptions were used by the Company in estimating fair value disclosures for financial instruments. | |||||||||||||||||||||
Cash and Due from Banks and Interest-Bearing Deposits | |||||||||||||||||||||
The carrying amounts approximate fair value. | |||||||||||||||||||||
Securities | |||||||||||||||||||||
The fair value of securities, excluding restricted stock, is determined by quoted market prices or dealer quotes. The fair value of certain state and municipal securities is not readily available through market sources other than dealer quotations, so fair value estimates are based on quoted market prices of similar instruments adjusted for differences between the quoted instruments and the instruments being valued. The carrying value of restricted securities approximates fair value based upon the redemption provisions of the applicable entities. | |||||||||||||||||||||
Loans Held for Sale | |||||||||||||||||||||
The fair value of loans held for sale is based on commitments on hand from investors or prevailing market prices. | |||||||||||||||||||||
Loans | |||||||||||||||||||||
Fair value for the loan portfolio is estimated on an account-level basis by discounting scheduled cash flows through the projected maturity for each loan. The calculation applies estimated market discount rates that reflect the credit and interest rate risk inherent in the loan. The estimate of maturity is based on the Company’s historical experience with repayments for loan classification, modified by an estimate of the effect of economic conditions on lending. | |||||||||||||||||||||
Impaired loans are individually evaluated for fair value. Fair value for the Company’s impaired loans is estimated by using either discounted cash flows or the appraised value of collateral. Any amount of principal balance that exceeds fair value is accrued in the allowance for loan losses. Assumptions regarding credit risk, cash flows and discount rates are determined within management’s judgment, using available market information and specific borrower information. Discount rates for cash flow analysis are based on the loan’s interest rate, and cash flows are estimated based upon the loan’s historical payment performance and the borrower’s current financial condition. Appraisals may be discounted for age, reasonableness, and selling costs. | |||||||||||||||||||||
Deposits | |||||||||||||||||||||
The fair value of demand and savings deposits is the amount payable on demand. The fair value of fixed maturity term deposits and certificates of deposit is estimated using the rates currently offered for deposits with similar remaining maturities. | |||||||||||||||||||||
Accrued Interest | |||||||||||||||||||||
The carrying amounts of accrued interest approximate fair value. | |||||||||||||||||||||
Bank-Owned Life Insurance | |||||||||||||||||||||
Bank owned life insurance represents insurance policies on officers of the Company and certain officers who are no longer employed by the Company. The cash values of the policies are estimates using information provided by insurance carriers. These policies are carried at their cash surrender value, which approximates the fair value. | |||||||||||||||||||||
Commitments to Extend Credit and Standby Letters of Credit | |||||||||||||||||||||
The only amounts recorded for commitments to extend credit, standby letters of credit and financial guarantees written are the deferred fees arising from these unrecognized financial instruments. These deferred fees are not deemed significant at March 31, 2014 and December 31, 2013, and, as such, the related fair values have not been estimated. | |||||||||||||||||||||
The estimated fair values and related carrying amounts of the Company’s financial instruments follow. | |||||||||||||||||||||
31-Mar-14 | |||||||||||||||||||||
Carrying | Quoted Prices in Active Markets for Identical Assets | Significant Other Observable Inputs | Significant Unobservable | Total Estimated | |||||||||||||||||
Amount | Level 1 | Level 2 | Inputs | Fair Value | |||||||||||||||||
Level 3 | |||||||||||||||||||||
Financial Assets: | |||||||||||||||||||||
Cash and due from banks | $ | 14,723 | $ | 14,723 | $ | --- | $ | --- | $ | 14,723 | |||||||||||
Interest-bearing deposits | 108,841 | 108,841 | --- | --- | 108,841 | ||||||||||||||||
Securities | 355,799 | --- | 355,506 | --- | 355,506 | ||||||||||||||||
Restricted securities | 1,089 | --- | 1,089 | --- | 1,089 | ||||||||||||||||
Loans, net | 580,751 | --- | --- | 568,229 | 568,229 | ||||||||||||||||
Accrued interest receivable | 5,893 | 5,893 | --- | --- | 5,893 | ||||||||||||||||
Bank-owned life insurance | 21,335 | 21,335 | --- | --- | 21,335 | ||||||||||||||||
Financial Liabilities: | |||||||||||||||||||||
Deposits | $ | 964,086 | $ | 727,026 | $ | --- | $ | 247,523 | $ | 974,549 | |||||||||||
Accrued interest payable | 78 | 78 | --- | --- | 79 | ||||||||||||||||
31-Dec-13 | |||||||||||||||||||||
Carrying | Quoted Prices in Active Markets for Identical Assets | Significant Other Observable Inputs | Significant Unobservable | Total Estimated | |||||||||||||||||
Amount | Level 1 | Level 2 | Inputs | Fair Value | |||||||||||||||||
Level 3 | |||||||||||||||||||||
Financial Assets: | |||||||||||||||||||||
Cash and due from banks | $ | 13,283 | $ | 13,283 | $ | --- | $ | --- | $ | 13,283 | |||||||||||
Interest-bearing deposits | 97,376 | 97,376 | --- | --- | 97,376 | ||||||||||||||||
Securities | 346,385 | --- | 341,739 | --- | 341,739 | ||||||||||||||||
Restricted securities | 1,414 | --- | 1,414 | --- | 1,414 | ||||||||||||||||
Mortgage loans held for sale | 1,276 | --- | 1,276 | --- | 1,276 | ||||||||||||||||
Loans, net | 587,463 | --- | --- | 616,755 | 616,755 | ||||||||||||||||
Accrued interest receivable | 5,949 | 5,949 | --- | --- | 5,949 | ||||||||||||||||
Bank-owned life insurance | 21,181 | 21,181 | --- | --- | 21,181 | ||||||||||||||||
Financial Liabilities: | |||||||||||||||||||||
Deposits | $ | 960,036 | $ | 718,327 | $ | --- | $ | 247,753 | $ | 966,080 | |||||||||||
Accrued interest payable | 92 | 92 | --- | --- | 92 | ||||||||||||||||
Note_9_Components_of_Accumulat
Note 9 - Components of Accumulated Other Comprehensive Loss | 3 Months Ended | ||||||||||||
Mar. 31, 2014 | |||||||||||||
Disclosure Text Block [Abstract] | ' | ||||||||||||
Comprehensive Income (Loss) Note [Text Block] | ' | ||||||||||||
Note 9: Components of Accumulated Other Comprehensive Loss | |||||||||||||
Net Unrealized | Adjustments Related | Accumulated Other | |||||||||||
Gain (Loss) on | to Pension Benefits | Comprehensive | |||||||||||
Securities | (Loss) | ||||||||||||
Balance at December 31, 2012 | $ | 2,047 | $ | (4,785 | ) | $ | (2,738 | ) | |||||
Unrealized holding losses on available for sale securities net of tax of ($516) | (959 | ) | --- | (959 | ) | ||||||||
Reclassification adjustment, net of tax of ($3) | (6 | ) | --- | (6 | ) | ||||||||
Balance at March 31, 2013 | $ | 1,082 | $ | (4,785 | ) | $ | (3,703 | ) | |||||
Balance at December 31, 2013 | $ | (14,011 | ) | $ | (2,953 | ) | $ | (16,964 | ) | ||||
Unrealized holding gains on available for sale securities net of tax of $1,681 | 3,121 | --- | 3,121 | ||||||||||
Reclassification adjustment, net of tax of $0 | --- | --- | --- | ||||||||||
Balance at March 31, 2014 | $ | (10,890 | ) | $ | (2,953 | ) | $ | (13,843 | ) | ||||
Note_2_StockBased_Compensation1
Note 2 - Stock-Based Compensation (Tables) | 3 Months Ended | ||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' | ||||||||||||||||
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] | ' | ||||||||||||||||
Options | Shares | Weighted | Weighted | ||||||||||||||
Average | Average | Aggregate | |||||||||||||||
Exercise | Remaining | Intrinsic | |||||||||||||||
Price Per Share | Contractual | Value | |||||||||||||||
Term | |||||||||||||||||
Outstanding at January 1, 2014 | 46,000 | $ | 23.96 | ||||||||||||||
Exercised | --- | --- | |||||||||||||||
Forfeited or expired | --- | --- | |||||||||||||||
Outstanding March 31, 2014 | 46,000 | $ | 23.96 | 1.11 | $ | 577 | |||||||||||
Exercisable at March 31, 2014 | 46,000 | $ | 23.96 | 1.11 | $ | 577 |
Note_3_Loan_Portfolio_Tables
Note 3 - Loan Portfolio (Tables) | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Receivables [Abstract] | ' | ||||||||
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] | ' | ||||||||
March 31, | December 31, | ||||||||
2014 | 2013 | ||||||||
Real estate construction | $ | 42,307 | $ | 45,925 | |||||
Consumer real estate | 146,353 | 145,499 | |||||||
Commercial real estate | 308,556 | 311,266 | |||||||
Commercial non real estate | 32,016 | 31,262 | |||||||
Public sector and IDA | 33,706 | 34,220 | |||||||
Consumer non real estate | 27,008 | 28,423 | |||||||
Gross loans | 589,946 | 596,595 | |||||||
Less unearned income and deferred fees | (898 | ) | (905 | ) | |||||
Loans, net of unearned income and deferred fees | $ | 589,048 | $ | 595,690 |
Note_4_Allowance_for_Loan_Loss1
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Tables) | 3 Months Ended | ||||||||||||||||||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||||||||||||||||||
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Tables) [Line Items] | ' | ||||||||||||||||||||||||||||||||
Allowance for Credit Losses on Financing Receivables [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
Activity in the Allowance for Loan Losses for the Three Months Ended March 31, 2014 | |||||||||||||||||||||||||||||||||
Real Estate | Consumer | Commercial | Commercial | Public | Consumer Non | Unallocated | Total | ||||||||||||||||||||||||||
Construction | Real Estate | Real Estate | Non Real | Sector and | Real Estate | ||||||||||||||||||||||||||||
Estate | IDA | ||||||||||||||||||||||||||||||||
Balance, December 31, 2013 | $ | 863 | $ | 1,697 | $ | 3,685 | $ | 989 | $ | 132 | $ | 576 | $ | 285 | $ | 8,227 | |||||||||||||||||
Charge-offs | (2 | ) | (54 | ) | (52 | ) | --- | --- | (83 | ) | --- | (191 | ) | ||||||||||||||||||||
Recoveries | --- | --- | 8 | 131 | --- | 19 | --- | 158 | |||||||||||||||||||||||||
Provision for loan losses | (11 | ) | 171 | 53 | (259 | ) | 70 | 17 | 62 | 103 | |||||||||||||||||||||||
Balance, March 31, 2014 | $ | 850 | $ | 1,814 | $ | 3,694 | $ | 861 | $ | 202 | $ | 529 | $ | 347 | $ | 8,297 | |||||||||||||||||
Activity in the Allowance for Loan Losses for the Three Months Ended March 31, 2013 | |||||||||||||||||||||||||||||||||
Real Estate | Consumer | Commercial | Commercial | Public | Consumer Non | Unallocated | Total | ||||||||||||||||||||||||||
Construction | Real Estate | Real Estate | Non Real | Sector and | Real Estate | ||||||||||||||||||||||||||||
Estate | IDA | ||||||||||||||||||||||||||||||||
Balance, December 31, 2012 | $ | 1,070 | $ | 2,263 | $ | 3,442 | $ | 959 | $ | 142 | $ | 424 | $ | 49 | $ | 8,349 | |||||||||||||||||
Charge-offs | (184 | ) | (53 | ) | (35 | ) | (404 | ) | --- | (78 | ) | --- | (754 | ) | |||||||||||||||||||
Recoveries | --- | --- | --- | 16 | --- | 9 | --- | 25 | |||||||||||||||||||||||||
Provision for loan losses | 287 | (364 | ) | (118 | ) | 705 | (32 | ) | 230 | (37 | ) | 671 | |||||||||||||||||||||
Balance, March 31, 2013 | $ | 1,173 | $ | 1,846 | $ | 3,289 | $ | 1,276 | $ | 110 | $ | 585 | $ | 12 | $ | 8,291 | |||||||||||||||||
Schedule of Credit Losses Related to Financing Receivables, Current and Noncurrent [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
Allowance for Loan Losses as of March 31, 2014 | |||||||||||||||||||||||||||||||||
Real Estate | Consumer | Commercial | Commercial | Public | Consumer Non | Unallocated | Total | ||||||||||||||||||||||||||
Construction | Real Estate | Real Estate | Non Real | Sector and | Real Estate | ||||||||||||||||||||||||||||
Estate | IDA | ||||||||||||||||||||||||||||||||
Individually evaluated for impairment | $ | --- | $ | 9 | $ | 266 | $ | 5 | $ | --- | $ | --- | $ | --- | $ | 280 | |||||||||||||||||
Collectively evaluated for impairment | 850 | 1,805 | 3,428 | 856 | 202 | 529 | 347 | 8,017 | |||||||||||||||||||||||||
Total | $ | 850 | $ | 1,814 | $ | 3,694 | $ | 861 | $ | 202 | $ | 529 | $ | 347 | $ | 8,297 | |||||||||||||||||
Allowance for Loan Losses as of December 31, 2013 | |||||||||||||||||||||||||||||||||
Real Estate | Consumer | Commercial | Commercial | Public | Consumer Non | Unallocated | Total | ||||||||||||||||||||||||||
Construction | Real Estate | Real Estate | Non Real | Sector and | Real Estate | ||||||||||||||||||||||||||||
Estate | IDA | ||||||||||||||||||||||||||||||||
Individually evaluated for impairment | $ | --- | $ | 10 | $ | 610 | $ | 4 | $ | --- | $ | --- | $ | --- | $ | 624 | |||||||||||||||||
Collectively evaluated for impairment | 863 | 1,687 | 3,075 | 985 | 132 | 576 | 285 | 7,603 | |||||||||||||||||||||||||
Total | $ | 863 | $ | 1,697 | $ | 3,685 | $ | 989 | $ | 132 | $ | 576 | $ | 285 | $ | 8,227 | |||||||||||||||||
Loans as of March 31, 2014 | |||||||||||||||||||||||||||||||||
Real Estate | Consumer | Commercial | Commercial | Public | Consumer Non | Unallocated | Total | ||||||||||||||||||||||||||
Construction | Real Estate | Real Estate | Non Real | Sector and | Real Estate | ||||||||||||||||||||||||||||
Estate | IDA | ||||||||||||||||||||||||||||||||
Individually evaluated for impairment | $ | --- | $ | 730 | $ | 11,754 | $ | 94 | $ | --- | $ | 24 | $ | --- | $ | 12,602 | |||||||||||||||||
Collectively evaluated for impairment | 42,307 | 145,623 | 296,802 | 31,922 | 33,706 | 26,984 | --- | 577,344 | |||||||||||||||||||||||||
Total loans | $ | 42,307 | $ | 146,353 | $ | 308,556 | $ | 32,016 | $ | 33,706 | $ | 27,008 | $ | --- | $ | 589,946 | |||||||||||||||||
Loans as of December 31, 2013 | |||||||||||||||||||||||||||||||||
Real Estate | Consumer | Commercial | Commercial | Public | Consumer Non | Unallocated | Total | ||||||||||||||||||||||||||
Construction | Real Estate | Real Estate | Non Real | Sector and | Real Estate | ||||||||||||||||||||||||||||
Estate | IDA | ||||||||||||||||||||||||||||||||
Individually evaluated for impairment | $ | --- | $ | 780 | $ | 12,079 | $ | 102 | $ | --- | $ | 24 | $ | --- | $ | 12,985 | |||||||||||||||||
Collectively evaluated for impairment | 45,925 | 144,719 | 299,187 | 31,160 | 34,220 | 28,399 | --- | 583,610 | |||||||||||||||||||||||||
Total | $ | 45,925 | $ | 145,499 | $ | 311,266 | $ | 31,262 | $ | 34,220 | $ | 28,423 | $ | --- | $ | 596,595 | |||||||||||||||||
Schedule of ratios for allowance for loan losses [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
Three Months Ended | Year Ended | ||||||||||||||||||||||||||||||||
March 31, | December 31, | ||||||||||||||||||||||||||||||||
2014 | 2013 | 2013 | |||||||||||||||||||||||||||||||
Ratio of allowance for loan losses to the end of period loans, net of unearned income and deferred fees | 1.41 | % | 1.44 | % | 1.38 | % | |||||||||||||||||||||||||||
Ratio of net charge-offs to average loans, net of unearned income and deferred fees(1) | 0.02 | % | 0.5 | % | 0.28 | % | |||||||||||||||||||||||||||
Schedule of nonperforming assets [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
March 31, | December 31, | ||||||||||||||||||||||||||||||||
2014 | 2013 | 2013 | |||||||||||||||||||||||||||||||
Nonperforming assets: | |||||||||||||||||||||||||||||||||
Nonaccrual loans | $ | 5,071 | $ | 10,734 | $ | 5,732 | |||||||||||||||||||||||||||
Restructured loans in nonaccrual | 1,007 | 1,691 | 852 | ||||||||||||||||||||||||||||||
Total nonperforming loans | 6,078 | 12,425 | 6,584 | ||||||||||||||||||||||||||||||
Other real estate owned, net | 4,901 | 1,094 | 4,712 | ||||||||||||||||||||||||||||||
Total nonperforming assets | $ | 10,979 | $ | 13,519 | $ | 11,296 | |||||||||||||||||||||||||||
Ratio of nonperforming assets to loans, net of unearned income and deferred fees, plus other real estate owned | 1.85 | % | 2.35 | % | 1.88 | % | |||||||||||||||||||||||||||
Ratio of allowance for loan losses to nonperforming loans(1) | 136.51 | % | 66.73 | % | 124.95 | % | |||||||||||||||||||||||||||
Summary of past due 90 days loans or more and impaired loans [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
March 31, | December 31, | ||||||||||||||||||||||||||||||||
2014 | 2013 | 2013 | |||||||||||||||||||||||||||||||
Loans past due 90 days or more and still accruing | $ | 163 | $ | 568 | $ | 190 | |||||||||||||||||||||||||||
Ratio of loans past due 90 days or more and still accruing to loans, net of unearned income and deferred fees | 0.03 | % | 0.1 | % | 0.03 | % | |||||||||||||||||||||||||||
Accruing restructured loans | $ | 6,145 | $ | 5,732 | $ | 6,191 | |||||||||||||||||||||||||||
Impaired loans: | |||||||||||||||||||||||||||||||||
Impaired loans with no valuation allowance | $ | 10,139 | $ | 16,263 | $ | 10,372 | |||||||||||||||||||||||||||
Impaired loans with a valuation allowance | 2,463 | 995 | 2,613 | ||||||||||||||||||||||||||||||
Total impaired loans | $ | 12,602 | $ | 17,258 | $ | 12,985 | |||||||||||||||||||||||||||
Valuation allowance | (280 | ) | (273 | ) | (624 | ) | |||||||||||||||||||||||||||
Impaired loans, net of allowance | $ | 12,322 | $ | 16,985 | $ | 12,361 | |||||||||||||||||||||||||||
Average recorded investment in impaired loans(1) | $ | 13,075 | $ | 17,935 | $ | 16,654 | |||||||||||||||||||||||||||
Interest income recognized on impaired loans, after designation as impaired | $ | 99 | $ | 10 | $ | 267 | |||||||||||||||||||||||||||
Amount of income recognized on a cash basis | $ | --- | $ | --- | $ | --- | |||||||||||||||||||||||||||
Impaired Financing Receivables [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
Impaired Loans as of March 31, 2014 | |||||||||||||||||||||||||||||||||
Principal Blance | (A) | Recorded Investment(1) in (A) for Which There is No Related Allowance | Recorded Investment(1) in (A) for Which There is a Related Allowance | Related Allowance | |||||||||||||||||||||||||||||
Total Recorded Investment(1) | |||||||||||||||||||||||||||||||||
Consumer Real Estate(2) | |||||||||||||||||||||||||||||||||
Residential closed-end first liens | $ | 399 | $ | 401 | $ | 171 | $ | 230 | $ | 3 | |||||||||||||||||||||||
Residential closed-end junior liens | 253 | 253 | --- | 253 | 6 | ||||||||||||||||||||||||||||
Investor-owned residential real estate | 78 | 78 | --- | 78 | --- | ||||||||||||||||||||||||||||
Commercial Real Estate(2) | |||||||||||||||||||||||||||||||||
Multifamily real estate | 3,271 | 3,268 | 3,268 | --- | --- | ||||||||||||||||||||||||||||
Commercial real estate, owner-occupied | 5,346 | 5,354 | 3,543 | 1,811 | 266 | ||||||||||||||||||||||||||||
Commercial real estate, other | 3,137 | 3,137 | 3,137 | --- | --- | ||||||||||||||||||||||||||||
Commercial Non Real Estate(2) | |||||||||||||||||||||||||||||||||
Commercial and Industrial | 94 | 94 | --- | 94 | 5 | ||||||||||||||||||||||||||||
Consumer Non Real Estate(2) | |||||||||||||||||||||||||||||||||
Automobile | 24 | 24 | 24 | --- | --- | ||||||||||||||||||||||||||||
Total | $ | 12,602 | $ | 12,609 | $ | 10,143 | $ | 2,466 | $ | 280 | |||||||||||||||||||||||
Impaired Loans as of December 31, 2013 | |||||||||||||||||||||||||||||||||
Principal Blance | (A) | Recorded Investment(1) in (A) for Which There is No Related Allowance | Recorded Investment(1) in (A) for Which There is a Related Allowance | Related Allowance | |||||||||||||||||||||||||||||
Total Recorded Investment(1) | |||||||||||||||||||||||||||||||||
Consumer Real Estate(2) | |||||||||||||||||||||||||||||||||
Residential closed-end first liens | $ | 440 | $ | 442 | $ | 232 | $ | 210 | $ | 3 | |||||||||||||||||||||||
Residential closed-end junior liens | 259 | 261 | --- | 261 | 7 | ||||||||||||||||||||||||||||
Investor-owned residential real estate | 81 | 82 | 82 | --- | --- | ||||||||||||||||||||||||||||
Commercial Real Estate(2) | |||||||||||||||||||||||||||||||||
Multifamily real estate | 3,278 | 3,274 | 3,274 | --- | --- | ||||||||||||||||||||||||||||
Commercial real estate, owner occupied | 5,643 | 5,645 | 3,864 | 1,781 | 610 | ||||||||||||||||||||||||||||
Commercial real estate, other | 3,158 | 3,158 | 3,158 | --- | --- | ||||||||||||||||||||||||||||
Commercial Non Real Estate(2) | |||||||||||||||||||||||||||||||||
Commercial and Industrial | 102 | 103 | 1 | 102 | 4 | ||||||||||||||||||||||||||||
Consumer Non Real Estate(2) | |||||||||||||||||||||||||||||||||
Automobile | 24 | 24 | 24 | --- | --- | ||||||||||||||||||||||||||||
Total | $ | 12,985 | $ | 12,989 | $ | 10,635 | $ | 2,354 | $ | 624 | |||||||||||||||||||||||
Impaired Financing Receivable Average Investment and Interest Income [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
For the Three Months Ended | |||||||||||||||||||||||||||||||||
31-Mar-14 | |||||||||||||||||||||||||||||||||
Average Recorded Investment(1) | Interest Income Recognized | ||||||||||||||||||||||||||||||||
Consumer Real Estate(2) | |||||||||||||||||||||||||||||||||
Residential closed-end first liens | $ | 561 | $ | 4 | |||||||||||||||||||||||||||||
Residential closed-end junior liens | 257 | 5 | |||||||||||||||||||||||||||||||
Investor-owned residential real estate | 79 | 1 | |||||||||||||||||||||||||||||||
Commercial Real Estate(2) | |||||||||||||||||||||||||||||||||
Multifamily real estate | 3,386 | --- | |||||||||||||||||||||||||||||||
Commercial real estate, owner occupied | 5,515 | 44 | |||||||||||||||||||||||||||||||
Commercial real estate, other | 3,150 | 44 | |||||||||||||||||||||||||||||||
Commercial Non Real Estate(2) | |||||||||||||||||||||||||||||||||
Commercial and Industrial | 101 | 1 | |||||||||||||||||||||||||||||||
Consumer Non Real Estate(2) | |||||||||||||||||||||||||||||||||
Automobile | 26 | --- | |||||||||||||||||||||||||||||||
Total | $ | 13,075 | $ | 99 | |||||||||||||||||||||||||||||
For the Year Ended | |||||||||||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||
Average | Interest | ||||||||||||||||||||||||||||||||
Recorded | Income | ||||||||||||||||||||||||||||||||
Investment(1) | Recognized | ||||||||||||||||||||||||||||||||
Real Estate Construction(2) | |||||||||||||||||||||||||||||||||
Construction, residential | $ | 40 | $ | --- | |||||||||||||||||||||||||||||
Construction, other | 2,885 | --- | |||||||||||||||||||||||||||||||
Commercial Real Estate(2) | |||||||||||||||||||||||||||||||||
Residential closed-end first liens | 364 | 3 | |||||||||||||||||||||||||||||||
Residential closed-end junior liens | 280 | 9 | |||||||||||||||||||||||||||||||
Investor-owned residential real estate | 131 | 6 | |||||||||||||||||||||||||||||||
Commercial Real Estate(2) | |||||||||||||||||||||||||||||||||
Multifamily real estate | 4,172 | --- | |||||||||||||||||||||||||||||||
Commercial real estate, owner occupied | 5,265 | 136 | |||||||||||||||||||||||||||||||
Commercial real estate, other | 3,369 | 110 | |||||||||||||||||||||||||||||||
Commercial Non Real Estate(2) | |||||||||||||||||||||||||||||||||
Commercial and Industrial | 117 | 3 | |||||||||||||||||||||||||||||||
Consumer Non Real Estate(2) | |||||||||||||||||||||||||||||||||
Automobile | 31 | --- | |||||||||||||||||||||||||||||||
Total | $ | 16,654 | $ | 267 | |||||||||||||||||||||||||||||
Past Due Financing Receivables [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
30 – 89 Days Past Due | 90 or More Days Past Due | 90 or More | Nonaccruals | ||||||||||||||||||||||||||||||
Days Past Due | (Including | ||||||||||||||||||||||||||||||||
and Still | Impaired | ||||||||||||||||||||||||||||||||
Accruing | Nonaccruals) | ||||||||||||||||||||||||||||||||
Real Estate Construction | |||||||||||||||||||||||||||||||||
Construction, residential | $ | 163 | $ | --- | $ | --- | $ | --- | |||||||||||||||||||||||||
Construction, other | 14 | --- | --- | --- | |||||||||||||||||||||||||||||
Consumer Real Estate | |||||||||||||||||||||||||||||||||
Equity lines | --- | --- | --- | --- | |||||||||||||||||||||||||||||
Residential closed-end first liens | 1,025 | 270 | 148 | 267 | |||||||||||||||||||||||||||||
Residential closed-end junior liens | 58 | --- | --- | --- | |||||||||||||||||||||||||||||
Investor-owned residential real estate | 334 | --- | --- | 17 | |||||||||||||||||||||||||||||
Commercial Real Estate | |||||||||||||||||||||||||||||||||
Multifamily real estate | 728 | 3,271 | --- | 3,271 | |||||||||||||||||||||||||||||
Commercial real estate, owner-occupied | 128 | 1,477 | --- | 2,378 | |||||||||||||||||||||||||||||
Commercial real estate, other | --- | --- | --- | --- | |||||||||||||||||||||||||||||
Commercial Non Real Estate | |||||||||||||||||||||||||||||||||
Commercial and Industrial | 202 | 43 | --- | 121 | |||||||||||||||||||||||||||||
Public Sector and IDA | |||||||||||||||||||||||||||||||||
Public sector and IDA | --- | --- | --- | --- | |||||||||||||||||||||||||||||
Consumer Non Real Estate | |||||||||||||||||||||||||||||||||
Credit cards | 2 | 3 | 3 | --- | |||||||||||||||||||||||||||||
Automobile | 78 | 36 | 12 | 24 | |||||||||||||||||||||||||||||
Other consumer loans | 25 | --- | --- | --- | |||||||||||||||||||||||||||||
Total | $ | 2,757 | $ | 5,100 | $ | 163 | $ | 6,078 | |||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||
30 – 89 | 90 or More | 90 or More | Nonaccruals | ||||||||||||||||||||||||||||||
Days Past | Days Past Due | Days Past Due | (Including | ||||||||||||||||||||||||||||||
Due | and Still | Impaired | |||||||||||||||||||||||||||||||
Accruing | Nonaccruals) | ||||||||||||||||||||||||||||||||
Real Estate Construction | |||||||||||||||||||||||||||||||||
Construction, residential | $ | 45 | $ | --- | $ | --- | $ | --- | |||||||||||||||||||||||||
Construction, other | 45 | --- | --- | --- | |||||||||||||||||||||||||||||
Consumer Real Estate | |||||||||||||||||||||||||||||||||
Equity lines | --- | --- | --- | --- | |||||||||||||||||||||||||||||
Residential closed-end first liens | 903 | 252 | 128 | 308 | |||||||||||||||||||||||||||||
Residential closed-end junior liens | 10 | --- | --- | --- | |||||||||||||||||||||||||||||
Investor-owned residential real estate | 422 | 91 | --- | 91 | |||||||||||||||||||||||||||||
Commercial Real Estate | |||||||||||||||||||||||||||||||||
Multifamily real estate | 430 | 3,278 | --- | 3,278 | |||||||||||||||||||||||||||||
Commercial real estate, owner occupied | 604 | 2,519 | --- | 2,756 | |||||||||||||||||||||||||||||
Commercial real estate, other | 32 | --- | --- | --- | |||||||||||||||||||||||||||||
Commercial Non Real Estate | |||||||||||||||||||||||||||||||||
Commercial and Industrial | 196 | 43 | --- | 128 | |||||||||||||||||||||||||||||
Public Sector and IDA | |||||||||||||||||||||||||||||||||
Public sector and IDA | --- | --- | --- | --- | |||||||||||||||||||||||||||||
Consumer Non Real Estate | |||||||||||||||||||||||||||||||||
Credit cards | 3 | 13 | 13 | --- | |||||||||||||||||||||||||||||
Automobile | 217 | 26 | 2 | 23 | |||||||||||||||||||||||||||||
Other consumer loans | 49 | 46 | 47 | --- | |||||||||||||||||||||||||||||
Total | $ | 2,956 | $ | 6,268 | $ | 190 | $ | 6,584 | |||||||||||||||||||||||||
Financing Receivable Credit Quality Indicators [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
Pass | Special | Classified | |||||||||||||||||||||||||||||||
Mention | (Excluding | ||||||||||||||||||||||||||||||||
Impaired) | |||||||||||||||||||||||||||||||||
Real Estate Construction | |||||||||||||||||||||||||||||||||
Construction, 1-4 family residential | $ | 14,910 | $ | 163 | $ | --- | |||||||||||||||||||||||||||
Construction, other | 27,191 | 29 | 14 | ||||||||||||||||||||||||||||||
Consumer Real Estate | |||||||||||||||||||||||||||||||||
Equity lines | 15,935 | --- | 15 | ||||||||||||||||||||||||||||||
Closed-end first liens | 80,765 | 658 | 1,343 | ||||||||||||||||||||||||||||||
Closed-end junior liens | 5,279 | 55 | 2 | ||||||||||||||||||||||||||||||
Investor-owned residential real estate | 41,089 | 103 | 379 | ||||||||||||||||||||||||||||||
Commercial Real Estate | |||||||||||||||||||||||||||||||||
Multifamily residential real estate | 67,175 | --- | 728 | ||||||||||||||||||||||||||||||
Commercial real estate owner-occupied | 131,259 | 2,175 | 754 | ||||||||||||||||||||||||||||||
Commercial real estate, other | 90,473 | 1,201 | 3,037 | ||||||||||||||||||||||||||||||
Commercial Non Real Estate | |||||||||||||||||||||||||||||||||
Commercial and Industrial | 30,748 | 881 | 293 | ||||||||||||||||||||||||||||||
Public Sector and IDA | |||||||||||||||||||||||||||||||||
States and political subdivisions | 33,706 | --- | --- | ||||||||||||||||||||||||||||||
Consumer Non Real Estate | |||||||||||||||||||||||||||||||||
Credit cards | 5,141 | --- | --- | ||||||||||||||||||||||||||||||
Automobile | 11,781 | 110 | 22 | ||||||||||||||||||||||||||||||
Other consumer | 9,911 | 12 | 7 | ||||||||||||||||||||||||||||||
Total | $ | 565,363 | $ | 5,387 | $ | 6,594 | |||||||||||||||||||||||||||
Pass | Special | Classified | |||||||||||||||||||||||||||||||
Mention | (Excluding | ||||||||||||||||||||||||||||||||
(Excluding | Impaired) | ||||||||||||||||||||||||||||||||
Impaired) | |||||||||||||||||||||||||||||||||
Real Estate Construction | |||||||||||||||||||||||||||||||||
Construction, 1-4 family residential | $ | 17,702 | $ | 163 | $ | 45 | |||||||||||||||||||||||||||
Construction, other | 27,971 | 29 | 15 | ||||||||||||||||||||||||||||||
Consumer Real Estate | |||||||||||||||||||||||||||||||||
Equity lines | 16,146 | 16 | --- | ||||||||||||||||||||||||||||||
Closed-end first liens | 82,767 | 1,007 | 1,275 | ||||||||||||||||||||||||||||||
Closed-end junior liens | 4,813 | 109 | 3 | ||||||||||||||||||||||||||||||
Investor-owned residential real estate | 38,071 | 105 | 407 | ||||||||||||||||||||||||||||||
Commercial Real Estate | |||||||||||||||||||||||||||||||||
Multifamily residential real estate | 67,573 | --- | 958 | ||||||||||||||||||||||||||||||
Commercial real estate owner-occupied | 134,137 | 2,206 | 701 | ||||||||||||||||||||||||||||||
Commercial real estate, other | 89,340 | 1,209 | 3,063 | ||||||||||||||||||||||||||||||
Commercial Non Real Estate | |||||||||||||||||||||||||||||||||
Commercial and Industrial | 29,987 | 878 | 295 | ||||||||||||||||||||||||||||||
Public Sector and IDA | |||||||||||||||||||||||||||||||||
States and political subdivisions | 24,220 | --- | --- | ||||||||||||||||||||||||||||||
Consumer Non Real Estate | |||||||||||||||||||||||||||||||||
Credit cards | 6,354 | --- | --- | ||||||||||||||||||||||||||||||
Automobile | 11,428 | 253 | 34 | ||||||||||||||||||||||||||||||
Other consumer | 10,253 | 17 | 60 | ||||||||||||||||||||||||||||||
Total | $ | 570,762 | $ | 5,992 | $ | 6,856 | |||||||||||||||||||||||||||
Troubled Debt Restructurings on Financing Receivables [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
Restructurings That Occurred During the Three Months | |||||||||||||||||||||||||||||||||
Ended March 31, 2014 | |||||||||||||||||||||||||||||||||
Number of | Pre-Modification | Post- | |||||||||||||||||||||||||||||||
Contracts | Outstanding | Modification | |||||||||||||||||||||||||||||||
Principal Balance | Outstanding | ||||||||||||||||||||||||||||||||
Principal Balance | |||||||||||||||||||||||||||||||||
Commercial Real Estate | |||||||||||||||||||||||||||||||||
Commercial real estate, owner occupied | 1 | $ | 184 | $ | 209 | ||||||||||||||||||||||||||||
Total | 1 | $ | 184 | $ | 209 | ||||||||||||||||||||||||||||
Restructurings That Occurred During the Three Months Ended | |||||||||||||||||||||||||||||||||
31-Mar-13 | |||||||||||||||||||||||||||||||||
Number of | Pre-Modification | Post-Modification | |||||||||||||||||||||||||||||||
Contracts | Outstanding | Outstanding | |||||||||||||||||||||||||||||||
Principal Balance | Principal Balance | ||||||||||||||||||||||||||||||||
Real Estate Construction | |||||||||||||||||||||||||||||||||
Construction, other | 1 | $ | 3,500 | $ | 3,500 | ||||||||||||||||||||||||||||
Commercial Real Estate | |||||||||||||||||||||||||||||||||
Commercial real estate, owner occupied | 1 | 154 | 239 | ||||||||||||||||||||||||||||||
Total | 2 | $ | 3,654 | $ | 3,739 | ||||||||||||||||||||||||||||
Subsequent Default [Member] | ' | ||||||||||||||||||||||||||||||||
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Tables) [Line Items] | ' | ||||||||||||||||||||||||||||||||
Troubled Debt Restructurings on Financing Receivables [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
Restructured Loans That Defaulted During | |||||||||||||||||||||||||||||||||
the Three Months Ended March 31, 2013 | |||||||||||||||||||||||||||||||||
That Were Modified Within 12 Months Prior | |||||||||||||||||||||||||||||||||
to Default | |||||||||||||||||||||||||||||||||
Number of Contracts | Principal Balance | ||||||||||||||||||||||||||||||||
Consumer Real Estate | |||||||||||||||||||||||||||||||||
Residential closed-end first liens | 1 | $ | 101 | ||||||||||||||||||||||||||||||
Residential closed-end junior liens | 1 | 88 | |||||||||||||||||||||||||||||||
Commercial Real Estate | |||||||||||||||||||||||||||||||||
Commercial real estate owner-occupied | 1 | 663 | |||||||||||||||||||||||||||||||
Commercial Non Real Estate | |||||||||||||||||||||||||||||||||
Commercial and industrial | 1 | 219 | |||||||||||||||||||||||||||||||
Total | 4 | $ | 1,071 |
Note_5_Securities_Tables
Note 5 - Securities (Tables) | 3 Months Ended | ||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||
Investments, Debt and Equity Securities [Abstract] | ' | ||||||||||||||||
Available-for-sale Securities [Table Text Block] | ' | ||||||||||||||||
31-Mar-14 | |||||||||||||||||
Amortized | Gross | Gross | Fair | ||||||||||||||
Costs | Unrealized | Unrealized | Values | ||||||||||||||
Gains | Losses | ||||||||||||||||
Available for Sale: | |||||||||||||||||
U.S. Government agencies and corporations | $ | 173,798 | $ | 233 | $ | 17,696 | $ | 156,335 | |||||||||
States and political subdivisions | 21,634 | 813 | 39 | 22,408 | |||||||||||||
Mortgage-backed securities | 2,392 | 215 | --- | 2,607 | |||||||||||||
Corporate debt securities | 8,802 | 83 | 312 | 8,573 | |||||||||||||
Other securities | 529 | --- | 51 | 478 | |||||||||||||
Total | $ | 207,155 | $ | 1,344 | $ | 18,098 | $ | 190,401 | |||||||||
31-Dec-13 | |||||||||||||||||
Amortized | Gross | Gross | Fair | ||||||||||||||
Costs | Unrealized | Unrealized | Values | ||||||||||||||
Gains | Losses | ||||||||||||||||
Available for Sale: | |||||||||||||||||
U.S. Government agencies and corporations | $ | 169,818 | $ | 199 | $ | 22,163 | $ | 147,854 | |||||||||
States and political subdivisions | 22,830 | 746 | 120 | 23,456 | |||||||||||||
Mortgage-backed securities | 2,627 | 213 | --- | 2,840 | |||||||||||||
Corporate debt securities | 7,804 | 97 | 506 | 7,395 | |||||||||||||
Other securities | 879 | --- | 22 | 857 | |||||||||||||
Total securities available for sale | $ | 203,958 | $ | 1,255 | $ | 22,811 | $ | 182,402 | |||||||||
Held-to-maturity Securities [Table Text Block] | ' | ||||||||||||||||
31-Mar-14 | |||||||||||||||||
Amortized | Gross | Gross | Fair | ||||||||||||||
Costs | Unrealized | Unrealized | Values | ||||||||||||||
Gains | Losses | ||||||||||||||||
Held to Maturity: | |||||||||||||||||
U.S. Government agencies and corporations | $ | 17,940 | $ | 298 | $ | 1,187 | $ | 17,051 | |||||||||
States and political subdivisions | 145,565 | 4,298 | 3,736 | 146,127 | |||||||||||||
Mortgage-backed securities | 484 | 52 | --- | 536 | |||||||||||||
Corporate debt securities | 1,409 | --- | 18 | 1,391 | |||||||||||||
Total | $ | 165,398 | $ | 4,648 | $ | 4,941 | $ | 165,105 | |||||||||
31-Dec-13 | |||||||||||||||||
Amortized | Gross | Gross | Fair | ||||||||||||||
Costs | Unrealized | Unrealized | Values | ||||||||||||||
Gains | Losses | ||||||||||||||||
Held to Maturity: | |||||||||||||||||
U.S. Government agencies and corporations | $ | 13,973 | $ | 280 | $ | 1,448 | $ | 12,805 | |||||||||
States and political subdivisions | 149,490 | 2,971 | 6,502 | 145,959 | |||||||||||||
Mortgage-backed securities | 520 | 53 | --- | 573 | |||||||||||||
Total securities held to maturity | $ | 163,983 | $ | 3,304 | $ | 7,950 | $ | 159,337 | |||||||||
Schedule of Temporary Impairment Losses, Investments [Table Text Block] | ' | ||||||||||||||||
31-Mar-14 | |||||||||||||||||
Less Than 12 Months | 12 Months or More | ||||||||||||||||
Fair | Unrealized | Fair | Unrealized | ||||||||||||||
Value | Loss | Value | Loss | ||||||||||||||
Temporarily Impaired Securities: | |||||||||||||||||
U.S. Government agencies and corporations | $ | 144,919 | $ | 15,556 | $ | 20,880 | $ | 3,327 | |||||||||
States and political subdivisions | 24,639 | 1,178 | 22,165 | 2,597 | |||||||||||||
Corporate debt securities | 8,094 | 330 | --- | --- | |||||||||||||
Other securities | 138 | 51 | --- | --- | |||||||||||||
Total | $ | 177,790 | $ | 17,115 | $ | 43,045 | $ | 5,924 | |||||||||
31-Dec-13 | |||||||||||||||||
Less Than 12 Months | 12 Months or More | ||||||||||||||||
Fair | Unrealized | Fair | Unrealized | ||||||||||||||
Value | Loss | Value | Loss | ||||||||||||||
Temporarily Impaired Securities: | |||||||||||||||||
U.S. Government agencies and corporations | $ | 138,324 | $ | 20,400 | $ | 15,796 | $ | 3,211 | |||||||||
States and political subdivisions | 58,013 | 6,131 | 2,697 | 491 | |||||||||||||
Corporate debt securities | 5,511 | 506 | --- | --- | |||||||||||||
Other securities | 167 | 22 | --- | --- | |||||||||||||
Total | $ | 202,015 | $ | 27,059 | $ | 18,493 | $ | 3,702 |
Note_7_Defined_Benefit_Plan_Ta
Note 7 - Defined Benefit Plan (Tables) | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Compensation and Retirement Disclosure [Abstract] | ' | ||||||||
Schedule of Defined Benefit Plans Disclosures [Table Text Block] | ' | ||||||||
Pension Benefits | |||||||||
Three Months Ended March 31, | |||||||||
2014 | 2013 | ||||||||
Service cost | $ | 131 | $ | 149 | |||||
Interest cost | 166 | 154 | |||||||
Expected return on plan assets | (278 | ) | (246 | ) | |||||
Amortization of prior service cost | (27 | ) | (25 | ) | |||||
Recognized net actuarial loss | 65 | 133 | |||||||
Net periodic benefit cost | $ | 57 | $ | 165 |
Note_8_Fair_Value_Measurements1
Note 8 - Fair Value Measurements (Tables) | 3 Months Ended | ||||||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||||||
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] | ' | ||||||||||||||||||||
Fair Value Measurements at March 31, 2014 Using | |||||||||||||||||||||
Description | Balance as of | Quoted Prices | Significant | Significant | |||||||||||||||||
31-Mar-14 | in Active | Other | Unobservable Inputs | ||||||||||||||||||
Markets for | Observable | (Level 3) | |||||||||||||||||||
Identical Assets | Inputs | ||||||||||||||||||||
(Level 1) | (Level 2) | ||||||||||||||||||||
U.S. Government agencies and corporations | $ | 156,335 | $ | --- | $ | 156,335 | $ | --- | |||||||||||||
States and political subdivisions | 22,408 | --- | 22,408 | --- | |||||||||||||||||
Mortgage-backed securities | 2,607 | --- | 2,607 | --- | |||||||||||||||||
Corporate debt securities | 8,573 | --- | 8,573 | --- | |||||||||||||||||
Other securities | 478 | --- | 478 | --- | |||||||||||||||||
Total securities available for sale | $ | 190,401 | $ | --- | $ | 190,401 | $ | --- | |||||||||||||
Fair Value Measurements at December 31, 2013 Using | |||||||||||||||||||||
Description | Balance as of | Quoted Prices | Significant | Significant | |||||||||||||||||
December 31, | in Active | Other | Unobservable Inputs | ||||||||||||||||||
2013 | Markets for | Observable | (Level 3) | ||||||||||||||||||
Identical Assets | Inputs | ||||||||||||||||||||
(Level 1) | (Level 2) | ||||||||||||||||||||
U.S. Government agencies and corporations | $ | 147,854 | $ | --- | $ | 147,854 | $ | --- | |||||||||||||
States and political subdivisions | 23,456 | --- | 23,456 | --- | |||||||||||||||||
Mortgage-backed securities | 2,840 | --- | 2,840 | --- | |||||||||||||||||
Corporate debt securities | 7,395 | --- | 7,395 | --- | |||||||||||||||||
Other securities | 857 | --- | 857 | --- | |||||||||||||||||
Total securities available for sale | $ | 182,402 | $ | --- | $ | 182,402 | $ | --- | |||||||||||||
Fair Value Measurements, Nonrecurring [Table Text Block] | ' | ||||||||||||||||||||
Carrying Value | |||||||||||||||||||||
Date | Description | Balance | Quoted Prices | Significant | Significant | ||||||||||||||||
in Active | Other | Unobservable Inputs | |||||||||||||||||||
Markets for | Observable | (Level 3) | |||||||||||||||||||
Identical Assets | Inputs | ||||||||||||||||||||
(Level 1) | (Level 2) | ||||||||||||||||||||
Assets: | |||||||||||||||||||||
31-Mar-14 | Impaired loans net of valuation allowance | $ | 2,183 | $ | --- | $ | --- | $ | 2,183 | ||||||||||||
31-Dec-13 | Impaired loans net of valuation allowance | 1,989 | --- | --- | 1,989 | ||||||||||||||||
Carrying Value | |||||||||||||||||||||
Date | Description | Balance | Quoted Prices | Significant | Significant | ||||||||||||||||
in Active | Other | Unobservable Inputs | |||||||||||||||||||
Markets for | Observable | (Level 3) | |||||||||||||||||||
Identical Assets | Inputs | ||||||||||||||||||||
(Level 1) | (Level 2) | ||||||||||||||||||||
Assets: | |||||||||||||||||||||
31-Mar-14 | Other real estate owned net of valuation allowance | $ | 4,901 | $ | --- | $ | --- | $ | 4,901 | ||||||||||||
31-Dec-13 | Other real estate owned net of valuation allowance | 4,712 | --- | --- | 4,712 | ||||||||||||||||
Fair Value Inputs, Assets, Quantitative Information [Table Text Block] | ' | ||||||||||||||||||||
31-Mar-14 | Valuation Technique | Unobservable Input | Range | ||||||||||||||||||
(Weighted Average) | |||||||||||||||||||||
Impaired loans | Discounted appraised value | Selling cost | 0% | -1 | - | 10.00% | -0.67% | ||||||||||||||
31-Mar-14 | Valuation Technique | Unobservable Input | Range | ||||||||||||||||||
(Weighted Average) | |||||||||||||||||||||
Other real estate owned | Discounted appraised value | Selling cost | 0.00% | -1 | - | 10% | -5.50% | ||||||||||||||
Other real estate owned | Discounted appraised value | Discount for lack of marketability and age of appraisal | 0.00% | - | 46.92% | -11.96% | |||||||||||||||
Fair Value, by Balance Sheet Grouping [Table Text Block] | ' | ||||||||||||||||||||
31-Mar-14 | |||||||||||||||||||||
Carrying | Quoted Prices in Active Markets for Identical Assets | Significant Other Observable Inputs | Significant Unobservable | Total Estimated | |||||||||||||||||
Amount | Level 1 | Level 2 | Inputs | Fair Value | |||||||||||||||||
Level 3 | |||||||||||||||||||||
Financial Assets: | |||||||||||||||||||||
Cash and due from banks | $ | 14,723 | $ | 14,723 | $ | --- | $ | --- | $ | 14,723 | |||||||||||
Interest-bearing deposits | 108,841 | 108,841 | --- | --- | 108,841 | ||||||||||||||||
Securities | 355,799 | --- | 355,506 | --- | 355,506 | ||||||||||||||||
Restricted securities | 1,089 | --- | 1,089 | --- | 1,089 | ||||||||||||||||
Loans, net | 580,751 | --- | --- | 568,229 | 568,229 | ||||||||||||||||
Accrued interest receivable | 5,893 | 5,893 | --- | --- | 5,893 | ||||||||||||||||
Bank-owned life insurance | 21,335 | 21,335 | --- | --- | 21,335 | ||||||||||||||||
Financial Liabilities: | |||||||||||||||||||||
Deposits | $ | 964,086 | $ | 727,026 | $ | --- | $ | 247,523 | $ | 974,549 | |||||||||||
Accrued interest payable | 78 | 78 | --- | --- | 79 | ||||||||||||||||
31-Dec-13 | |||||||||||||||||||||
Carrying | Quoted Prices in Active Markets for Identical Assets | Significant Other Observable Inputs | Significant Unobservable | Total Estimated | |||||||||||||||||
Amount | Level 1 | Level 2 | Inputs | Fair Value | |||||||||||||||||
Level 3 | |||||||||||||||||||||
Financial Assets: | |||||||||||||||||||||
Cash and due from banks | $ | 13,283 | $ | 13,283 | $ | --- | $ | --- | $ | 13,283 | |||||||||||
Interest-bearing deposits | 97,376 | 97,376 | --- | --- | 97,376 | ||||||||||||||||
Securities | 346,385 | --- | 341,739 | --- | 341,739 | ||||||||||||||||
Restricted securities | 1,414 | --- | 1,414 | --- | 1,414 | ||||||||||||||||
Mortgage loans held for sale | 1,276 | --- | 1,276 | --- | 1,276 | ||||||||||||||||
Loans, net | 587,463 | --- | --- | 616,755 | 616,755 | ||||||||||||||||
Accrued interest receivable | 5,949 | 5,949 | --- | --- | 5,949 | ||||||||||||||||
Bank-owned life insurance | 21,181 | 21,181 | --- | --- | 21,181 | ||||||||||||||||
Financial Liabilities: | |||||||||||||||||||||
Deposits | $ | 960,036 | $ | 718,327 | $ | --- | $ | 247,753 | $ | 966,080 | |||||||||||
Accrued interest payable | 92 | 92 | --- | --- | 92 |
Note_9_Components_of_Accumulat1
Note 9 - Components of Accumulated Other Comprehensive Loss (Tables) | 3 Months Ended | ||||||||||||
Mar. 31, 2014 | |||||||||||||
Disclosure Text Block [Abstract] | ' | ||||||||||||
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] | ' | ||||||||||||
Net Unrealized | Adjustments Related | Accumulated Other | |||||||||||
Gain (Loss) on | to Pension Benefits | Comprehensive | |||||||||||
Securities | (Loss) | ||||||||||||
Balance at December 31, 2012 | $ | 2,047 | $ | (4,785 | ) | $ | (2,738 | ) | |||||
Unrealized holding losses on available for sale securities net of tax of ($516) | (959 | ) | --- | (959 | ) | ||||||||
Reclassification adjustment, net of tax of ($3) | (6 | ) | --- | (6 | ) | ||||||||
Balance at March 31, 2013 | $ | 1,082 | $ | (4,785 | ) | $ | (3,703 | ) | |||||
Balance at December 31, 2013 | $ | (14,011 | ) | $ | (2,953 | ) | $ | (16,964 | ) | ||||
Unrealized holding gains on available for sale securities net of tax of $1,681 | 3,121 | --- | 3,121 | ||||||||||
Reclassification adjustment, net of tax of $0 | --- | --- | --- | ||||||||||
Balance at March 31, 2014 | $ | (10,890 | ) | $ | (2,953 | ) | $ | (13,843 | ) |
Note_2_StockBased_Compensation2
Note 2 - Stock-Based Compensation (Details) (USD $) | 3 Months Ended | |
Mar. 31, 2014 | Mar. 31, 2013 | |
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period | 0 | 0 |
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options (in Dollars) | $0 | ' |
Note_2_StockBased_Compensation3
Note 2 - Stock-Based Compensation (Details) - Stock Option Activity (Stock Option Plan 1999 [Member], USD $) | 3 Months Ended |
In Thousands, except Share data, unless otherwise specified | Mar. 31, 2014 |
Stock Option Plan 1999 [Member] | ' |
Note 2 - Stock-Based Compensation (Details) - Stock Option Activity [Line Items] | ' |
Outstanding at January 1, 2014 | 46,000 |
Outstanding at January 1, 2014 | $23.96 |
Outstanding March 31, 2014 | 46,000 |
Outstanding March 31, 2014 | $23.96 |
Outstanding March 31, 2014 | '1 year 40 days |
Outstanding March 31, 2014 | $577 |
Exercisable at March 31, 2014 | 46,000 |
Exercisable at March 31, 2014 | $23.96 |
Exercisable at March 31, 2014 | '1 year 40 days |
Exercisable at March 31, 2014 | $577 |
Note_3_Loan_Portfolio_Details_
Note 3 - Loan Portfolio (Details) - Loan Portfolio, Excluding Loans Held for Sale (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Loans Receivable, Gross | $589,946 | $596,595 |
Less unearned income and deferred fees | -898 | -905 |
Loans, net of unearned income and deferred fees | 589,048 | 595,690 |
Real Estate Construction [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Loans Receivable, Gross | 42,307 | 45,925 |
Consumer Real Estate [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Loans Receivable, Gross | 146,353 | 145,499 |
Commercial Real Estate Loans [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Loans Receivable, Gross | 308,556 | 311,266 |
Commercial Non Real Estate [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Loans Receivable, Gross | 32,016 | 31,262 |
Public Sector and IDA [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Loans Receivable, Gross | 33,706 | 34,220 |
Consumer Non Real Estate [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Loans Receivable, Gross | $27,008 | $28,423 |
Note_4_Allowance_for_Loan_Loss2
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) (USD $) | 3 Months Ended | ||
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 | Dec. 31, 2013 |
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) [Line Items] | ' | ' | ' |
Nonaccrual Designation as Impaired Threshold | $250 | ' | ' |
Threshold period for considering loans as special mention or classified | '75 days | ' | ' |
Financing Receivable, Modifications, Recorded Investment | 7,152 | 7,423 | 7,043 |
Financing Receivable Modifications Impairment Accrued | $30 | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 0 | 4 | ' |
Special Mention [Member] | ' | ' | ' |
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) [Line Items] | ' | ' | ' |
Increase in Percentage of Allocation Loans Rated Special Mention | 50.00% | ' | ' |
Classified Loans [Member] | ' | ' | ' |
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) [Line Items] | ' | ' | ' |
Increase in Percentage of Allocation Loans Rated Classified | 100.00% | ' | ' |
Note_4_Allowance_for_Loan_Loss3
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Allowance Roll-forward and Related Loan Balance by Portfolio Segments (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' |
Balance | $8,227 | $8,349 |
Charge-offs | -191 | -754 |
Recoveries | 158 | 25 |
Provision for loan losses | 103 | 671 |
Balance | 8,297 | 8,291 |
Real Estate Construction [Member] | ' | ' |
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' |
Balance | 863 | 1,070 |
Charge-offs | -2 | -184 |
Provision for loan losses | -11 | 287 |
Balance | 850 | 1,173 |
Consumer Real Estate [Member] | ' | ' |
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' |
Balance | 1,697 | 2,263 |
Charge-offs | -54 | -53 |
Provision for loan losses | 171 | -364 |
Balance | 1,814 | 1,846 |
Commercial Real Estate Loans [Member] | ' | ' |
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' |
Balance | 3,685 | 3,442 |
Charge-offs | -52 | -35 |
Recoveries | 8 | ' |
Provision for loan losses | 53 | -118 |
Balance | 3,694 | 3,289 |
Commercial Non Real Estate [Member] | ' | ' |
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' |
Balance | 989 | 959 |
Charge-offs | ' | -404 |
Recoveries | 131 | 16 |
Provision for loan losses | -259 | 705 |
Balance | 861 | 1,276 |
Public Sector and IDA [Member] | ' | ' |
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' |
Balance | 132 | 142 |
Provision for loan losses | 70 | -32 |
Balance | 202 | 110 |
Consumer Non Real Estate [Member] | ' | ' |
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' |
Balance | 576 | 424 |
Charge-offs | -83 | -78 |
Recoveries | 19 | 9 |
Provision for loan losses | 17 | 230 |
Balance | 529 | 585 |
Unallocated [Member] | ' | ' |
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' |
Balance | 285 | 49 |
Provision for loan losses | 62 | -37 |
Balance | $347 | $12 |
Note_4_Allowance_for_Loan_Loss4
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Loans by Evaluation Method (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Loans by Evaluation Method [Line Items] | ' | ' |
Allowance for loan losses, individually evaluated for impairment | $280 | $624 |
Allowance for loan losses, collectively evaluated for impairment | 8,017 | 7,603 |
Allowance for loan losses | 8,297 | 8,227 |
Loans individually evaluated for impairment | 12,602 | 12,985 |
Loans collectively evaluated for impairment | 577,344 | 583,610 |
Loans | 589,946 | 596,595 |
Real Estate Construction [Member] | ' | ' |
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Loans by Evaluation Method [Line Items] | ' | ' |
Allowance for loan losses, collectively evaluated for impairment | 850 | 863 |
Allowance for loan losses | 850 | 863 |
Loans collectively evaluated for impairment | 42,307 | 45,925 |
Loans | 42,307 | 45,925 |
Consumer Real Estate [Member] | ' | ' |
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Loans by Evaluation Method [Line Items] | ' | ' |
Allowance for loan losses, individually evaluated for impairment | 9 | 10 |
Allowance for loan losses, collectively evaluated for impairment | 1,805 | 1,687 |
Allowance for loan losses | 1,814 | 1,697 |
Loans individually evaluated for impairment | 730 | 780 |
Loans collectively evaluated for impairment | 145,623 | 144,719 |
Loans | 146,353 | 145,499 |
Commercial Real Estate Loans [Member] | ' | ' |
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Loans by Evaluation Method [Line Items] | ' | ' |
Allowance for loan losses, individually evaluated for impairment | 266 | 610 |
Allowance for loan losses, collectively evaluated for impairment | 3,428 | 3,075 |
Allowance for loan losses | 3,694 | 3,685 |
Loans individually evaluated for impairment | 11,754 | 12,079 |
Loans collectively evaluated for impairment | 296,802 | 299,187 |
Loans | 308,556 | 311,266 |
Commercial Non Real Estate [Member] | ' | ' |
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Loans by Evaluation Method [Line Items] | ' | ' |
Allowance for loan losses, individually evaluated for impairment | 5 | 4 |
Allowance for loan losses, collectively evaluated for impairment | 856 | 985 |
Allowance for loan losses | 861 | 989 |
Loans individually evaluated for impairment | 94 | 102 |
Loans collectively evaluated for impairment | 31,922 | 31,160 |
Loans | 32,016 | 31,262 |
Public Sector and IDA [Member] | ' | ' |
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Loans by Evaluation Method [Line Items] | ' | ' |
Allowance for loan losses, collectively evaluated for impairment | 202 | 132 |
Allowance for loan losses | 202 | 132 |
Loans collectively evaluated for impairment | 33,706 | 34,220 |
Loans | 33,706 | 34,220 |
Consumer Non Real Estate [Member] | ' | ' |
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Loans by Evaluation Method [Line Items] | ' | ' |
Allowance for loan losses, collectively evaluated for impairment | 529 | 576 |
Allowance for loan losses | 529 | 576 |
Loans individually evaluated for impairment | 24 | 24 |
Loans collectively evaluated for impairment | 26,984 | 28,399 |
Loans | 27,008 | 28,423 |
Unallocated [Member] | ' | ' |
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Loans by Evaluation Method [Line Items] | ' | ' |
Allowance for loan losses, collectively evaluated for impairment | 347 | 285 |
Allowance for loan losses | $347 | $285 |
Note_4_Allowance_for_Loan_Loss5
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Summary of Ratios for Allowance for Loan Losses | 3 Months Ended | 12 Months Ended | ||||
Mar. 31, 2014 | Mar. 31, 2013 | Dec. 31, 2013 | ||||
Summary of Ratios for Allowance for Loan Losses [Abstract] | ' | ' | ' | |||
Ratio of allowance for loan losses to the end of period loans, net of unearned income and deferred fees | 1.41% | 1.44% | 1.38% | |||
Ratio of net charge-offs to average loans, net of unearned income and deferred fees(1) | 0.02% | [1] | 0.50% | [1] | 0.28% | [1] |
[1] | Net charge-offs are on an annualized basis. |
Note_4_Allowance_for_Loan_Loss6
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Summary of Nonperforming Assets (USD $) | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2013 | |||
In Thousands, unless otherwise specified | ||||||
Summary of Nonperforming Assets [Abstract] | ' | ' | ' | |||
Nonaccrual loans | $5,071 | $5,732 | $10,734 | |||
Restructured loans in nonaccrual | 1,007 | 852 | 1,691 | |||
Total nonperforming loans | 6,078 | 6,584 | 12,425 | |||
Other real estate owned, net | 4,901 | 4,712 | 1,094 | |||
Total nonperforming assets | $10,979 | $11,296 | $13,519 | |||
Ratio of nonperforming assets to loans, net of unearned income and deferred fees, plus other real estate owned | 1.85% | 1.88% | 2.35% | |||
Ratio of allowance for loan losses to nonperforming loans(1) | 136.51% | [1] | 124.95% | [1] | 66.73% | [1] |
[1] | The Company defines nonperforming loans as nonaccrual loans. Loans 90 days or more past due and still accruing and accruing restructured loans are excluded. |
Note_4_Allowance_for_Loan_Loss7
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Summary of Loans Past Due 90 Days or More and Impaired Loans (USD $) | 3 Months Ended | 12 Months Ended | ||||
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 | Dec. 31, 2013 | |||
Summary of Loans Past Due 90 Days or More and Impaired Loans [Abstract] | ' | ' | ' | |||
Loans past due 90 days or more and still accruing | $163 | $568 | $190 | |||
Ratio of loans past due 90 days or more and still accruing to loans, net of unearned income and deferred fees | 0.03% | 0.10% | 0.03% | |||
Accruing restructured loans | 6,145 | 5,732 | 6,191 | |||
Impaired loans with no valuation allowance | 10,139 | 16,263 | 10,372 | |||
Impaired loans with a valuation allowance | 2,463 | 995 | 2,613 | |||
Total impaired loans | 12,602 | 17,258 | 12,985 | |||
Valuation allowance | -280 | -273 | -624 | |||
Impaired loans, net of allowance | 12,322 | 16,985 | 12,361 | |||
Average recorded investment in impaired loans(1) | 13,075 | [1],[2] | 17,935 | [1] | 16,654 | [1],[2] |
Interest income recognized on impaired loans, after designation as impaired | $99 | [2] | $10 | $267 | [2] | |
[1] | Recorded investment includes principal net of unearned interest and deferred fees and costs, and accrued interest. | |||||
[2] | Only classes with impaired loans are shown. |
Note_4_Allowance_for_Loan_Loss8
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Impaired Loans and Associated Reserves (USD $) | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2013 | ||
In Thousands, unless otherwise specified | |||||
Financing Receivable, Impaired [Line Items] | ' | ' | ' | ||
Principal Balance | $12,602 | $12,985 | $17,258 | ||
Total Recorded Investment | 12,609 | [1] | 12,989 | [1] | ' |
Recorded Investment in for Which There is No Related Allowance | 10,143 | [1] | 10,635 | [1] | ' |
Recorded Investment in for Which There is a Related Allowance | 2,466 | [1] | 2,354 | [1] | ' |
Related Allowance | 280 | 624 | 273 | ||
Consumer Real Estate [Member] | Residential closed end first liens [Member] | ' | ' | ' | ||
Financing Receivable, Impaired [Line Items] | ' | ' | ' | ||
Principal Balance | 399 | [2] | 440 | [2] | ' |
Total Recorded Investment | 401 | [1],[2] | 442 | [1],[2] | ' |
Recorded Investment in for Which There is No Related Allowance | 171 | [1],[2] | 232 | [1],[2] | ' |
Recorded Investment in for Which There is a Related Allowance | 230 | [1],[2] | 210 | [1],[2] | ' |
Related Allowance | 3 | [2] | 3 | [2] | ' |
Consumer Real Estate [Member] | Residential closed end junior liens [Member] | ' | ' | ' | ||
Financing Receivable, Impaired [Line Items] | ' | ' | ' | ||
Principal Balance | 253 | [2] | 259 | [2] | ' |
Total Recorded Investment | 253 | [1],[2] | 261 | [1],[2] | ' |
Recorded Investment in for Which There is No Related Allowance | ' | [1],[2] | ' | [1],[2] | ' |
Recorded Investment in for Which There is a Related Allowance | 253 | [1],[2] | 261 | [1],[2] | ' |
Related Allowance | 6 | [2] | 7 | [2] | ' |
Consumer Real Estate [Member] | Investor-owned residential real estate [Member] | ' | ' | ' | ||
Financing Receivable, Impaired [Line Items] | ' | ' | ' | ||
Principal Balance | 78 | [2] | 81 | ' | |
Total Recorded Investment | 78 | [1],[2] | 82 | ' | |
Recorded Investment in for Which There is No Related Allowance | ' | [1],[2] | 82 | ' | |
Recorded Investment in for Which There is a Related Allowance | 78 | [1],[2] | ' | ' | |
Related Allowance | ' | [2] | ' | ' | |
Commercial Real Estate Loans [Member] | Multifamily real estate [Member] | ' | ' | ' | ||
Financing Receivable, Impaired [Line Items] | ' | ' | ' | ||
Principal Balance | 3,271 | [2] | 3,278 | [2] | ' |
Total Recorded Investment | 3,268 | [1],[2] | 3,274 | [1],[2] | ' |
Recorded Investment in for Which There is No Related Allowance | 3,268 | [1],[2] | 3,274 | [1],[2] | ' |
Recorded Investment in for Which There is a Related Allowance | ' | [1],[2] | ' | [1],[2] | ' |
Related Allowance | ' | [2] | ' | [2] | ' |
Commercial Real Estate Loans [Member] | Commercial real estate, owner occupied [Member] | ' | ' | ' | ||
Financing Receivable, Impaired [Line Items] | ' | ' | ' | ||
Principal Balance | 5,346 | [2] | 5,643 | [2] | ' |
Total Recorded Investment | 5,354 | [1],[2] | 5,645 | [1],[2] | ' |
Recorded Investment in for Which There is No Related Allowance | 3,543 | [1],[2] | 3,864 | [1],[2] | ' |
Recorded Investment in for Which There is a Related Allowance | 1,811 | [1],[2] | 1,781 | [1],[2] | ' |
Related Allowance | 266 | [2] | 610 | [2] | ' |
Commercial Real Estate Loans [Member] | Commercial real estate, other [Member] | ' | ' | ' | ||
Financing Receivable, Impaired [Line Items] | ' | ' | ' | ||
Principal Balance | 3,137 | [2] | 3,158 | ' | |
Total Recorded Investment | 3,137 | [1],[2] | 3,158 | ' | |
Recorded Investment in for Which There is No Related Allowance | 3,137 | [1],[2] | 3,158 | ' | |
Recorded Investment in for Which There is a Related Allowance | ' | [1],[2] | ' | ' | |
Related Allowance | ' | [2] | ' | ' | |
Commercial Non Real Estate [Member] | Commercial and Industrial [Member] | ' | ' | ' | ||
Financing Receivable, Impaired [Line Items] | ' | ' | ' | ||
Principal Balance | 94 | [2] | 102 | [2] | ' |
Total Recorded Investment | 94 | [1],[2] | 103 | [1],[2] | ' |
Recorded Investment in for Which There is No Related Allowance | ' | [1],[2] | 1 | [1],[2] | ' |
Recorded Investment in for Which There is a Related Allowance | 94 | [1],[2] | 102 | [1],[2] | ' |
Related Allowance | 5 | [2] | 4 | [2] | ' |
Consumer Non Real Estate [Member] | Automobile [Member] | ' | ' | ' | ||
Financing Receivable, Impaired [Line Items] | ' | ' | ' | ||
Principal Balance | 24 | [2] | 24 | [2] | ' |
Total Recorded Investment | 24 | [1],[2] | 24 | [1],[2] | ' |
Recorded Investment in for Which There is No Related Allowance | 24 | [1],[2] | 24 | [1],[2] | ' |
Recorded Investment in for Which There is a Related Allowance | ' | [1],[2] | ' | [1],[2] | ' |
Related Allowance | ' | [2] | ' | [2] | ' |
[1] | Recorded investment includes principal net of unearned interest and deferred fees and costs, and accrued interest. | ||||
[2] | Only classes with impaired loans are shown. |
Note_4_Allowance_for_Loan_Loss9
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Impaired Loans, Average Investment and Interest Income Recognized (USD $) | 3 Months Ended | 12 Months Ended | ||||
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 | Dec. 31, 2013 | |||
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Impaired Loans, Average Investment and Interest Income Recognized [Line Items] | ' | ' | ' | |||
Average recorded investment | $13,075 | [1],[2] | $17,935 | [1] | $16,654 | [1],[2] |
Interest income recognized | 99 | [2] | 10 | 267 | [2] | |
Consumer Real Estate Loans [Member] | Residential closed end first liens [Member] | ' | ' | ' | |||
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Impaired Loans, Average Investment and Interest Income Recognized [Line Items] | ' | ' | ' | |||
Average recorded investment | 561 | [1],[2] | ' | 364 | [1],[2] | |
Interest income recognized | 4 | [2] | ' | 3 | [2] | |
Consumer Real Estate Loans [Member] | Residential closed end junior liens [Member] | ' | ' | ' | |||
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Impaired Loans, Average Investment and Interest Income Recognized [Line Items] | ' | ' | ' | |||
Average recorded investment | 257 | [1],[2] | ' | 280 | [1],[2] | |
Interest income recognized | 5 | [2] | ' | 9 | [2] | |
Consumer Real Estate Loans [Member] | Investor-owned residential real estate [Member] | ' | ' | ' | |||
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Impaired Loans, Average Investment and Interest Income Recognized [Line Items] | ' | ' | ' | |||
Average recorded investment | 79 | [1],[2] | ' | 131 | [1],[2] | |
Interest income recognized | 1 | [2] | ' | 6 | [2] | |
Commercial Real Estate Loans [Member] | Multifamily real estate [Member] | ' | ' | ' | |||
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Impaired Loans, Average Investment and Interest Income Recognized [Line Items] | ' | ' | ' | |||
Average recorded investment | 3,386 | [1],[2] | ' | 4,172 | [1],[2] | |
Interest income recognized | ' | [2] | ' | ' | [2] | |
Commercial Real Estate Loans [Member] | Commercial real estate, owner occupied [Member] | ' | ' | ' | |||
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Impaired Loans, Average Investment and Interest Income Recognized [Line Items] | ' | ' | ' | |||
Average recorded investment | 5,515 | [1],[2] | ' | 5,265 | [1],[2] | |
Interest income recognized | 44 | [2] | ' | 136 | [2] | |
Commercial Real Estate Loans [Member] | Commercial real estate, other [Member] | ' | ' | ' | |||
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Impaired Loans, Average Investment and Interest Income Recognized [Line Items] | ' | ' | ' | |||
Average recorded investment | 3,150 | [1],[2] | ' | 3,369 | [1],[2] | |
Interest income recognized | 44 | [2] | ' | 110 | [2] | |
Commercial Non Real Estate [Member] | Commercial and Industrial [Member] | ' | ' | ' | |||
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Impaired Loans, Average Investment and Interest Income Recognized [Line Items] | ' | ' | ' | |||
Average recorded investment | 101 | [1],[2] | ' | 117 | [1],[2] | |
Interest income recognized | 1 | [2] | ' | 3 | [2] | |
Consumer Non Real Estate [Member] | Automobile [Member] | ' | ' | ' | |||
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Impaired Loans, Average Investment and Interest Income Recognized [Line Items] | ' | ' | ' | |||
Average recorded investment | 26 | [1],[2] | ' | 31 | [1],[2] | |
Interest income recognized | ' | [2] | ' | ' | [2] | |
Real Estate Construction [Member] | Construction residential [Member] | ' | ' | ' | |||
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Impaired Loans, Average Investment and Interest Income Recognized [Line Items] | ' | ' | ' | |||
Average recorded investment | ' | ' | 40 | [1],[2] | ||
Interest income recognized | ' | ' | ' | [2] | ||
Real Estate Construction [Member] | Construction other [Member] | ' | ' | ' | |||
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Impaired Loans, Average Investment and Interest Income Recognized [Line Items] | ' | ' | ' | |||
Average recorded investment | ' | ' | 2,885 | [1],[2] | ||
Interest income recognized | ' | ' | ' | [2] | ||
[1] | Recorded investment includes principal net of unearned interest and deferred fees and costs, and accrued interest. | |||||
[2] | Only classes with impaired loans are shown. |
Recovered_Sheet1
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Past Due and Nonaccrual Loans (USD $) | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2013 |
In Thousands, unless otherwise specified | |||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
30 b 89 Days Past Due | $2,757 | $2,956 | ' |
90 or More Days Past Due | 5,100 | 6,268 | ' |
90 or More Days Past Due and Still Accruing | 163 | 190 | 568 |
Nonaccruals (Including Impaired Nonaccruals) | 6,078 | 6,584 | 12,425 |
Real Estate Construction [Member] | Construction residential [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
30 b 89 Days Past Due | 163 | 45 | ' |
Real Estate Construction [Member] | Construction other [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
30 b 89 Days Past Due | 14 | 45 | ' |
Consumer Real Estate [Member] | Residential closed end first liens [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
30 b 89 Days Past Due | 1,025 | 903 | ' |
90 or More Days Past Due | 270 | 252 | ' |
90 or More Days Past Due and Still Accruing | 148 | 128 | ' |
Nonaccruals (Including Impaired Nonaccruals) | 267 | 308 | ' |
Consumer Real Estate [Member] | Residential closed end junior liens [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
30 b 89 Days Past Due | 58 | 10 | ' |
Consumer Real Estate [Member] | Investor-owned residential real estate [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
30 b 89 Days Past Due | 334 | 422 | ' |
90 or More Days Past Due | ' | 91 | ' |
Nonaccruals (Including Impaired Nonaccruals) | 17 | 91 | ' |
Commercial Real Estate Loans [Member] | Multifamily real estate [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
30 b 89 Days Past Due | 728 | 430 | ' |
90 or More Days Past Due | 3,271 | 3,278 | ' |
Nonaccruals (Including Impaired Nonaccruals) | 3,271 | 3,278 | ' |
Commercial Real Estate Loans [Member] | Commercial real estate, owner occupied [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
30 b 89 Days Past Due | 128 | 604 | ' |
90 or More Days Past Due | 1,477 | 2,519 | ' |
Nonaccruals (Including Impaired Nonaccruals) | 2,378 | 2,756 | ' |
Commercial Real Estate Loans [Member] | Commercial real estate, other [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
30 b 89 Days Past Due | ' | 32 | ' |
Commercial Non Real Estate [Member] | Commercial and Industrial [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
30 b 89 Days Past Due | 202 | 196 | ' |
90 or More Days Past Due | 43 | 43 | ' |
Nonaccruals (Including Impaired Nonaccruals) | 121 | 128 | ' |
Consumer Non Real Estate [Member] | Credit Card Receivable [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
30 b 89 Days Past Due | 2 | 3 | ' |
90 or More Days Past Due | 3 | 13 | ' |
90 or More Days Past Due and Still Accruing | 3 | 13 | ' |
Consumer Non Real Estate [Member] | Automobile [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
30 b 89 Days Past Due | 78 | 217 | ' |
90 or More Days Past Due | 36 | 26 | ' |
90 or More Days Past Due and Still Accruing | 12 | 2 | ' |
Nonaccruals (Including Impaired Nonaccruals) | 24 | 23 | ' |
Consumer Non Real Estate [Member] | Other Consumer Loans [Member] | ' | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ' |
30 b 89 Days Past Due | 25 | 49 | ' |
90 or More Days Past Due | ' | 46 | ' |
90 or More Days Past Due and Still Accruing | ' | $47 | ' |
Recovered_Sheet2
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Collectively-Evaluated Loans by Credit Quality Indicator (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | $577,344 | $583,610 |
Real Estate Construction [Member] | Construction, 1-4 Family Residential [Member] | Pass [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 14,910 | 17,702 |
Real Estate Construction [Member] | Construction, 1-4 Family Residential [Member] | Special Mention [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 163 | 163 |
Real Estate Construction [Member] | Construction, 1-4 Family Residential [Member] | Classified Excluding Impaired [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | ' | 45 |
Real Estate Construction [Member] | Construction other [Member] | Pass [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 27,191 | 27,971 |
Real Estate Construction [Member] | Construction other [Member] | Special Mention [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 29 | 29 |
Real Estate Construction [Member] | Construction other [Member] | Classified Excluding Impaired [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 14 | 15 |
Real Estate Construction [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 42,307 | 45,925 |
Consumer Real Estate [Member] | Equity Lines [Member] | Pass [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 15,935 | 16,146 |
Consumer Real Estate [Member] | Equity Lines [Member] | Special Mention [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | ' | 16 |
Consumer Real Estate [Member] | Equity Lines [Member] | Classified Excluding Impaired [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 15 | ' |
Consumer Real Estate [Member] | Residential closed end first liens [Member] | Pass [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 80,765 | 82,767 |
Consumer Real Estate [Member] | Residential closed end first liens [Member] | Special Mention [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 658 | 1,007 |
Consumer Real Estate [Member] | Residential closed end first liens [Member] | Classified Excluding Impaired [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 1,343 | 1,275 |
Consumer Real Estate [Member] | Residential closed end junior liens [Member] | Pass [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 5,279 | 4,813 |
Consumer Real Estate [Member] | Residential closed end junior liens [Member] | Special Mention [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 55 | 109 |
Consumer Real Estate [Member] | Residential closed end junior liens [Member] | Classified Excluding Impaired [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 2 | 3 |
Consumer Real Estate [Member] | Investor-owned residential real estate [Member] | Pass [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 41,089 | 38,071 |
Consumer Real Estate [Member] | Investor-owned residential real estate [Member] | Special Mention [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 103 | 105 |
Consumer Real Estate [Member] | Investor-owned residential real estate [Member] | Classified Excluding Impaired [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 379 | 407 |
Consumer Real Estate [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 145,623 | 144,719 |
Commercial Real Estate Loans [Member] | Multifamily Residential Real Estate [Member] | Pass [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 67,175 | 67,573 |
Commercial Real Estate Loans [Member] | Multifamily Residential Real Estate [Member] | Classified Excluding Impaired [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 728 | 958 |
Commercial Real Estate Loans [Member] | Commercial real estate, owner occupied [Member] | Pass [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 131,259 | 134,137 |
Commercial Real Estate Loans [Member] | Commercial real estate, owner occupied [Member] | Special Mention [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 2,175 | 2,206 |
Commercial Real Estate Loans [Member] | Commercial real estate, owner occupied [Member] | Classified Excluding Impaired [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 754 | 701 |
Commercial Real Estate Loans [Member] | Commercial real estate, other [Member] | Pass [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 90,473 | 89,340 |
Commercial Real Estate Loans [Member] | Commercial real estate, other [Member] | Special Mention [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 1,201 | 1,209 |
Commercial Real Estate Loans [Member] | Commercial real estate, other [Member] | Classified Excluding Impaired [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 3,037 | 3,063 |
Commercial Real Estate Loans [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 296,802 | 299,187 |
Commercial Non Real Estate [Member] | Commercial and Industrial [Member] | Pass [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 30,748 | 29,987 |
Commercial Non Real Estate [Member] | Commercial and Industrial [Member] | Special Mention [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 881 | 878 |
Commercial Non Real Estate [Member] | Commercial and Industrial [Member] | Classified Excluding Impaired [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 293 | 295 |
Commercial Non Real Estate [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 31,922 | 31,160 |
Public Sector and IDA [Member] | States & Political Subdivisions [Member] | Pass [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 33,706 | 24,220 |
Public Sector and IDA [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 33,706 | 34,220 |
Consumer Non Real Estate [Member] | Credit Card Receivable [Member] | Pass [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 5,141 | 6,354 |
Consumer Non Real Estate [Member] | Automobile [Member] | Pass [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 11,781 | 11,428 |
Consumer Non Real Estate [Member] | Automobile [Member] | Special Mention [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 110 | 253 |
Consumer Non Real Estate [Member] | Automobile [Member] | Classified Excluding Impaired [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 22 | 34 |
Consumer Non Real Estate [Member] | Other Consumer Loans [Member] | Pass [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 9,911 | 10,253 |
Consumer Non Real Estate [Member] | Other Consumer Loans [Member] | Special Mention [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 12 | 17 |
Consumer Non Real Estate [Member] | Other Consumer Loans [Member] | Classified Excluding Impaired [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 7 | 60 |
Consumer Non Real Estate [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 26,984 | 28,399 |
Pass [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 565,363 | 570,762 |
Special Mention [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | 5,387 | 5,992 |
Classified Excluding Impaired [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Collectively Evaluated Loans | $6,594 | $6,856 |
Recovered_Sheet3
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Troubled Debt Restructurings by Class (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Commercial Real Estate | ' | ' |
Number of Contracts | 1 | 2 |
Pre-Modification Outstanding Principal Balance | $184 | $3,654 |
Post-Modification Outstanding Principal Balance | 209 | 3,739 |
Commercial Real Estate Loans [Member] | Commercial real estate, owner occupied [Member] | ' | ' |
Commercial Real Estate | ' | ' |
Number of Contracts | 1 | ' |
Pre-Modification Outstanding Principal Balance | 184 | ' |
Post-Modification Outstanding Principal Balance | 209 | ' |
Real Estate Construction [Member] | Construction other [Member] | ' | ' |
Commercial Real Estate | ' | ' |
Number of Contracts | ' | 1 |
Pre-Modification Outstanding Principal Balance | ' | 3,500 |
Post-Modification Outstanding Principal Balance | ' | 3,500 |
Commercial Non Real Estate [Member] | Commercial and Industrial [Member] | ' | ' |
Commercial Real Estate | ' | ' |
Number of Contracts | ' | 1 |
Pre-Modification Outstanding Principal Balance | ' | 154 |
Post-Modification Outstanding Principal Balance | ' | $239 |
Recovered_Sheet4
Note 4 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Details) - Restructured Loans that Defaulted (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Financing Receivable, Modifications [Line Items] | ' | ' |
Number of Contracts | 0 | 4 |
Recorded Investment | ' | $1,071 |
Consumer Real Estate [Member] | Closed-end First Liens [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Number of Contracts | ' | 1 |
Recorded Investment | ' | 101 |
Consumer Real Estate [Member] | Closed-end Junior Liens [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Number of Contracts | ' | 1 |
Recorded Investment | ' | 88 |
Commercial Real Estate Loans [Member] | Commercial real estate, owner occupied [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Number of Contracts | ' | 1 |
Recorded Investment | ' | 663 |
Commercial Non Real Estate [Member] | Commercial and Industrial [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Number of Contracts | ' | 1 |
Recorded Investment | ' | $219 |
Note_5_Securities_Details
Note 5 - Securities (Details) (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Dec. 31, 2013 |
Note 5 - Securities (Details) [Line Items] | ' | ' |
Number of temporarily impaired securities | 272 | ' |
Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Fair Value | $220,835 | ' |
Unrealized Loss on Securities | 23,039 | ' |
Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value | 43,045 | 18,493 |
Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Losses | $5,924 | $3,702 |
Continuous Loss Position - 12 Months or More [Member] | ' | ' |
Note 5 - Securities (Details) [Line Items] | ' | ' |
Number of temporarily impaired securities | 62 | ' |
Note_5_Securities_Details_Avai
Note 5 - Securities (Details) - Available for Sale Securities (USD $) | 3 Months Ended | 12 Months Ended |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Dec. 31, 2013 |
Available for Sale: | ' | ' |
Amortized Costs | $207,155 | $203,958 |
Gross Unrealized Gains | 1,344 | 1,255 |
Gross Unrealized Losses | 18,098 | 22,811 |
Available-for-sale Securities Fair Value | 190,401 | 182,402 |
US Government Agencies [Member] | ' | ' |
Available for Sale: | ' | ' |
Amortized Costs | 173,798 | 169,818 |
Gross Unrealized Gains | 233 | 199 |
Gross Unrealized Losses | 17,696 | 22,163 |
Available-for-sale Securities Fair Value | 156,335 | 147,854 |
States and Political Subdivisions [Member] | ' | ' |
Available for Sale: | ' | ' |
Amortized Costs | 21,634 | 22,830 |
Gross Unrealized Gains | 813 | 746 |
Gross Unrealized Losses | 39 | 120 |
Available-for-sale Securities Fair Value | 22,408 | 23,456 |
Mortgage-backed Securities [Member] | ' | ' |
Available for Sale: | ' | ' |
Amortized Costs | 2,392 | 2,627 |
Gross Unrealized Gains | 215 | 213 |
Available-for-sale Securities Fair Value | 2,607 | 2,840 |
Corporate Securities [Member] | ' | ' |
Available for Sale: | ' | ' |
Amortized Costs | 8,802 | 7,804 |
Gross Unrealized Gains | 83 | 97 |
Gross Unrealized Losses | 312 | 506 |
Available-for-sale Securities Fair Value | 8,573 | 7,395 |
Other Securities [Member] | ' | ' |
Available for Sale: | ' | ' |
Amortized Costs | 529 | 879 |
Gross Unrealized Losses | 51 | 22 |
Available-for-sale Securities Fair Value | $478 | $857 |
Note_5_Securities_Details_Held
Note 5 - Securities (Details) - Held to Maturity Securities (USD $) | 3 Months Ended | 12 Months Ended |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Dec. 31, 2013 |
Held to Maturity: | ' | ' |
Amortized Costs | $165,398 | $163,983 |
Gross Unrealized Gains | 4,648 | 3,304 |
Gross Unrealized Losses | 4,941 | 7,950 |
Fair Values | 165,105 | 159,337 |
US Government Agencies [Member] | ' | ' |
Held to Maturity: | ' | ' |
Amortized Costs | 17,940 | 13,973 |
Gross Unrealized Gains | 298 | 280 |
Gross Unrealized Losses | 1,187 | 1,448 |
Fair Values | 17,051 | 12,805 |
States and Political Subdivisions [Member] | ' | ' |
Held to Maturity: | ' | ' |
Amortized Costs | 145,565 | 149,490 |
Gross Unrealized Gains | 4,298 | 2,971 |
Gross Unrealized Losses | 3,736 | 6,502 |
Fair Values | 146,127 | 145,959 |
Mortgage-backed Securities [Member] | ' | ' |
Held to Maturity: | ' | ' |
Amortized Costs | 484 | 520 |
Gross Unrealized Gains | 52 | 53 |
Fair Values | 536 | 573 |
Corporate Securities [Member] | ' | ' |
Held to Maturity: | ' | ' |
Amortized Costs | 1,409 | ' |
Gross Unrealized Losses | 18 | ' |
Fair Values | $1,391 | ' |
Note_5_Securities_Details_Temp
Note 5 - Securities (Details) - Temporarily Impaired Securities (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Note 5 - Securities (Details) - Temporarily Impaired Securities [Line Items] | ' | ' |
Less Than 12 Months - Fair Value | $177,790 | $202,015 |
Less Than 12 Months - Unrealized Loss | 17,115 | 27,059 |
12 Months or More - Fair Value | 43,045 | 18,493 |
12 Months or More - Unrealized Loss | 5,924 | 3,702 |
US Government Agencies [Member] | ' | ' |
Note 5 - Securities (Details) - Temporarily Impaired Securities [Line Items] | ' | ' |
Less Than 12 Months - Fair Value | 144,919 | 138,324 |
Less Than 12 Months - Unrealized Loss | 15,556 | 20,400 |
12 Months or More - Fair Value | 20,880 | 15,796 |
12 Months or More - Unrealized Loss | 3,327 | 3,211 |
States and Political Subdivisions [Member] | ' | ' |
Note 5 - Securities (Details) - Temporarily Impaired Securities [Line Items] | ' | ' |
Less Than 12 Months - Fair Value | 24,639 | 58,013 |
Less Than 12 Months - Unrealized Loss | 1,178 | 6,131 |
12 Months or More - Fair Value | 22,165 | 2,697 |
12 Months or More - Unrealized Loss | 2,597 | 491 |
Corporate Securities [Member] | ' | ' |
Note 5 - Securities (Details) - Temporarily Impaired Securities [Line Items] | ' | ' |
Less Than 12 Months - Fair Value | 8,094 | 5,511 |
Less Than 12 Months - Unrealized Loss | 330 | 506 |
Other Securities [Member] | ' | ' |
Note 5 - Securities (Details) - Temporarily Impaired Securities [Line Items] | ' | ' |
Less Than 12 Months - Fair Value | 138 | 167 |
Less Than 12 Months - Unrealized Loss | $51 | $22 |
Note_7_Defined_Benefit_Plan_De
Note 7 - Defined Benefit Plan (Details) (USD $) | 3 Months Ended |
In Thousands, unless otherwise specified | Mar. 31, 2014 |
Compensation and Retirement Disclosure [Abstract] | ' |
Defined Benefit Plan Minimum Future Employer Contributions | $396 |
Defined Benefit Plans, Estimated Future Employer Contributions in Current Fiscal Year | 0 |
Defined Benefit Plan, Contributions by Employer | $109 |
Note_7_Defined_Benefit_Plan_De1
Note 7 - Defined Benefit Plan (Details) - Defined Benefit Plan Activity (Pension Benefits [Member], USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Pension Benefits [Member] | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' |
Service cost | $131 | $149 |
Interest cost | 166 | 154 |
Expected return on plan assets | -278 | -246 |
Amortization of prior service cost | -27 | -25 |
Recognized net actuarial loss | 65 | 133 |
Net periodic benefit cost | $57 | $165 |
Note_8_Fair_Value_Measurements2
Note 8 - Fair Value Measurements (Details) - Assets and Liabilities at Fair Value on Recurring Basis (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Note 8 - Fair Value Measurements (Details) - Assets and Liabilities at Fair Value on Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities Fair Value | $190,401 | $182,402 |
US Government Agencies [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' |
Note 8 - Fair Value Measurements (Details) - Assets and Liabilities at Fair Value on Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities Fair Value | 156,335 | 147,854 |
US Government Agencies [Member] | ' | ' |
Note 8 - Fair Value Measurements (Details) - Assets and Liabilities at Fair Value on Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities Fair Value | 156,335 | 147,854 |
States and Political Subdivisions [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' |
Note 8 - Fair Value Measurements (Details) - Assets and Liabilities at Fair Value on Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities Fair Value | 22,408 | 23,456 |
States and Political Subdivisions [Member] | ' | ' |
Note 8 - Fair Value Measurements (Details) - Assets and Liabilities at Fair Value on Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities Fair Value | 22,408 | 23,456 |
Mortgage-backed Securities [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' |
Note 8 - Fair Value Measurements (Details) - Assets and Liabilities at Fair Value on Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities Fair Value | 2,607 | 2,840 |
Mortgage-backed Securities [Member] | ' | ' |
Note 8 - Fair Value Measurements (Details) - Assets and Liabilities at Fair Value on Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities Fair Value | 2,607 | 2,840 |
Corporate Securities [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' |
Note 8 - Fair Value Measurements (Details) - Assets and Liabilities at Fair Value on Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities Fair Value | 8,573 | 7,395 |
Corporate Securities [Member] | ' | ' |
Note 8 - Fair Value Measurements (Details) - Assets and Liabilities at Fair Value on Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities Fair Value | 8,573 | 7,395 |
Other Securities [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' |
Note 8 - Fair Value Measurements (Details) - Assets and Liabilities at Fair Value on Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities Fair Value | 478 | 857 |
Other Securities [Member] | ' | ' |
Note 8 - Fair Value Measurements (Details) - Assets and Liabilities at Fair Value on Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities Fair Value | 478 | 857 |
Fair Value, Inputs, Level 2 [Member] | ' | ' |
Note 8 - Fair Value Measurements (Details) - Assets and Liabilities at Fair Value on Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities Fair Value | $190,401 | $182,402 |
Note_8_Fair_Value_Measurements3
Note 8 - Fair Value Measurements (Details) - Impaired Loans and Other Real Estate Owned Measured at Fair Value on Nonrecurring Basis (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Note 8 - Fair Value Measurements (Details) - Impaired Loans and Other Real Estate Owned Measured at Fair Value on Nonrecurring Basis [Line Items] | ' | ' |
Impaired Loans | $2,183 | $1,989 |
Other Real Estate Owned | 4,901 | 4,712 |
Fair Value, Inputs, Level 3 [Member] | ' | ' |
Note 8 - Fair Value Measurements (Details) - Impaired Loans and Other Real Estate Owned Measured at Fair Value on Nonrecurring Basis [Line Items] | ' | ' |
Impaired Loans | 2,183 | 1,989 |
Other Real Estate Owned | $4,901 | $4,712 |
Note_8_Fair_Value_Measurements4
Note 8 - Fair Value Measurements (Details) - Level 3 Fair Value Measurements (Discounted Appraised Value [Member]) | 3 Months Ended | |
Mar. 31, 2014 | ||
Impaired loans [Member] | ' | |
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ' | |
Valuation technique | 'Discounted appraised value | |
Other real estate owned | 'Discounted appraised value | |
Other real estate owned | 'Discounted appraised value | |
Other Real Estate Owned [Member] | ' | |
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ' | |
Valuation technique | 'Discounted appraised value | |
Other real estate owned | 'Discounted appraised value | |
Other real estate owned | 'Discounted appraised value | |
Minimum [Member] | Impaired loans [Member] | ' | |
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ' | |
Unobservable input | 0.00% | [1] |
Unobservable input weighted average | 0.00% | [1] |
Minimum [Member] | Other Real Estate Owned [Member] | ' | |
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ' | |
Unobservable input | 0.00% | [2] |
Other real estate owned | 0.00% | |
Other real estate owned | 0.00% | |
Unobservable input weighted average | 0.00% | [2] |
Other real estate owned | 0.00% | |
Other real estate owned | 0.00% | |
Maximum [Member] | Impaired loans [Member] | ' | |
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ' | |
Unobservable input | 10.00% | |
Unobservable input weighted average | -10.00% | |
Maximum [Member] | Other Real Estate Owned [Member] | ' | |
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ' | |
Unobservable input | 10.00% | |
Other real estate owned | 46.92% | |
Other real estate owned | -46.92% | |
Unobservable input weighted average | -10.00% | |
Other real estate owned | 46.92% | |
Other real estate owned | -46.92% | |
Weighted Average [Member] | Impaired loans [Member] | ' | |
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ' | |
Unobservable input | 0.67% | |
Unobservable input weighted average | -0.67% | |
Weighted Average [Member] | Other Real Estate Owned [Member] | ' | |
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ' | |
Unobservable input | 5.50% | |
Other real estate owned | 11.96% | |
Other real estate owned | -11.96% | |
Unobservable input weighted average | -5.50% | |
Other real estate owned | 11.96% | |
Other real estate owned | -11.96% | |
[1] | The collateral method of fair value measurement incorporates a discount for selling costs if collection of the loan is expected to come from sale of the collateral. Fair value measurement using the collateral method for a loan that is dependent on the operation, but not the sale, of collateral for collection is not discounted for selling costs. | |
[2] | The Company markets other real estate owned both independently and with local realtors. Properties marketed by realtors are discounted by selling costs. Properties that the Company markets independently are not discounted by selling costs. |
Note_8_Fair_Value_Measurements5
Note 8 - Fair Value Measurements (Details) - Estimated Fair Values and Related Carrying Amounts of Financial Instruments (USD $) | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||||
Financial Assets: | ' | ' | ' | ' |
Cash and due from banks | $14,723 | $13,283 | $10,674 | $14,783 |
Cash and due from banks | 14,723 | 13,283 | ' | ' |
Interest-bearing deposits | 108,841 | 97,376 | ' | ' |
Interest-bearing deposits | 108,841 | 97,376 | ' | ' |
Securities | 355,506 | 341,739 | ' | ' |
Restricted securities | 1,089 | 1,414 | ' | ' |
Mortgage loans held for sale | ' | 1,276 | ' | ' |
Mortgage loans held for sale | ' | 1,276 | ' | ' |
Loans, net | 580,751 | 587,463 | ' | ' |
Loans, net | 568,229 | 616,755 | ' | ' |
Accrued interest receivable | 5,893 | 5,949 | ' | ' |
Accrued interest receivable | 5,893 | 5,949 | ' | ' |
Bank-owned life insurance | 21,335 | 21,181 | ' | ' |
Bank-owned life insurance | 21,335 | 21,181 | ' | ' |
Financial Liabilities: | ' | ' | ' | ' |
Deposits | 964,086 | 960,036 | ' | ' |
Deposits | 974,549 | 966,080 | ' | ' |
Accrued interest payable | 78 | 92 | ' | ' |
Accrued interest payable | 79 | 92 | ' | ' |
Reported Value Measurement [Member] | ' | ' | ' | ' |
Financial Assets: | ' | ' | ' | ' |
Cash and due from banks | 14,723 | 13,283 | ' | ' |
Interest-bearing deposits | 108,841 | 97,376 | ' | ' |
Securities | 355,799 | 346,385 | ' | ' |
Restricted securities | 1,089 | 1,414 | ' | ' |
Mortgage loans held for sale | ' | 1,276 | ' | ' |
Loans, net | 580,751 | 587,463 | ' | ' |
Accrued interest receivable | 5,893 | 5,949 | ' | ' |
Bank-owned life insurance | 21,335 | 21,181 | ' | ' |
Financial Liabilities: | ' | ' | ' | ' |
Deposits | 964,086 | 960,036 | ' | ' |
Accrued interest payable | 78 | 92 | ' | ' |
Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' |
Financial Assets: | ' | ' | ' | ' |
Cash and due from banks | 14,723 | 13,283 | ' | ' |
Interest-bearing deposits | 108,841 | 97,376 | ' | ' |
Accrued interest receivable | 5,893 | 5,949 | ' | ' |
Bank-owned life insurance | 21,335 | 21,181 | ' | ' |
Financial Liabilities: | ' | ' | ' | ' |
Deposits | 727,026 | 718,327 | ' | ' |
Accrued interest payable | 78 | 92 | ' | ' |
Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' |
Financial Assets: | ' | ' | ' | ' |
Securities | 355,506 | 341,739 | ' | ' |
Restricted securities | 1,089 | 1,414 | ' | ' |
Mortgage loans held for sale | ' | 1,276 | ' | ' |
Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' |
Financial Assets: | ' | ' | ' | ' |
Loans, net | 568,229 | 616,755 | ' | ' |
Financial Liabilities: | ' | ' | ' | ' |
Deposits | $247,523 | $247,753 | ' | ' |
Note_9_Components_of_Accumulat2
Note 9 - Components of Accumulated Other Comprehensive Loss (Details) - Components of Accumulated Other Comprehensive Loss (USD $) | 3 Months Ended | |||||||
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 | Mar. 31, 2014 | Mar. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2013 | Dec. 31, 2012 |
Accumulated Net Unrealized Investment Gain (Loss) [Member] | Accumulated Net Unrealized Investment Gain (Loss) [Member] | Accumulated Defined Benefit Plans Adjustment [Member] | Accumulated Defined Benefit Plans Adjustment [Member] | Accumulated Defined Benefit Plans Adjustment [Member] | Accumulated Defined Benefit Plans Adjustment [Member] | |||
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' |
Balance | ($16,964) | ($2,738) | ($14,011) | $2,047 | ($2,953) | ($2,953) | ($4,785) | ($4,785) |
Unrealized Holding Gains (Losses) | 3,121 | -959 | 3,121 | -959 | ' | ' | ' | ' |
Reclassification Adjustment | ' | -6 | ' | -6 | ' | ' | ' | ' |
Balance | ($13,843) | ($3,703) | ($10,890) | $1,082 | ($2,953) | ($2,953) | ($4,785) | ($4,785) |
Note_9_Components_of_Accumulat3
Note 9 - Components of Accumulated Other Comprehensive Loss (Details) - Components of Accumulated Other Comprehensive Loss (Parentheticals) (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' |
Unrealized holding gains (losses) on available for sale securities, tax | $1,681 | ($516) |
Reclassification adjustment, tax | $0 | ($3) |