INVESTMENT SECURITIES (Tables)

6 Months Ended

Jun. 30, 2013

Investments, Debt and Equity Securities [Abstract]

Schedule of amortized cost and approximate fair values of securities

	June 30, 2013
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
	(Unaudited; In Thousands)
Available-for-sale Securities
Federal agencies	$	45,536	$	392	$	(988	)	$	44,940
State and municipal		34,920		829		(1,363	)		34,386
Government-sponsored enterprise (GSE) residential mortgage-backed and other asset-backed agency securities		44,809		405		(950	)		44,264
Corporate		3,163		2		(447	)		2,718
Total investment securities	$	128,428	$	1,628	$	(3,748	)	$	126,308

	December 31, 2012
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
	(In Thousands)
Available-for-sale Securities
Federal agencies	$	42,581	$	849	$	(21	)	$	43,409
State and municipal		29,331		1,865		(34	)		31,162
Government-sponsored enterprise (GSE) residential mortgage-backed and other asset-backed agency securities		35,258		774		(10	)		36,022
Corporate		3,652		47		(522	)		3,177
Total investment securities	$	110,822	$	3,535	$	(587	)	$	113,770

Schedule of amortized cost and fair value of available-for-sale securities by contractual maturity

	Available-for-Sale
	Amortized Cost		Fair Value
	(Unaudited; In Thousands)
Within one year	$	5,713	$	5,772
One to five years		21,900		22,160
Five to ten years		34,161		33,421
After ten years		21,845		20,691
		83,619		82,044
Government-sponsored enterprise (GSE) residential mortgage-backed and other asset-backed agency securities		44,809		44,264
Totals	$	128,428	$	126,308

Schedule of gross unrealized Loss on Investments and fair value

	June 30, 2013
	Less than 12 Months					12 Months or More					Total
Description of Securities	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
	(Unaudited; In Thousands)
Federal agencies	$	28,492	$	(988	)	$	-	$	-		$	28,492	$	(988	)
State and municipal		16,107		(1,363	)		-		-			16,107		(1,363	)
Government-sponsored enterprise (GSE) residential mortgage-backed and other asset-backed agency securities		31,344		(950	)		-		-			31,344		(950	)
Corporate		995		(4	)		1,221		(443	)		2,216		(447	)
Total temporarily impaired securities	$	76,938	$	(3,305	)	$	1,221	$	(443	)	$	78,159	$	(3,748	)
	December 31, 2012
	Less than 12 Months					12 Months or More					Total
Description of Securities	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
	(In Thousands)
Federal agencies	$	3,979	$	(21	)	$	-	$	-		$	3,979	$	(21	)
State and municipal		3,856		(34	)		-		-			3,856		(34	)
Government-sponsored enterprise (GSE) residential mortgage-backed and other asset-backed agency securities		2,847		(10	)		-		-			2,847		(10	)
Corporate		-		-			1,197		(522	)		1,197		(522	)
Total temporarily impaired securities	$	10,682	$	(65	)	$	1,197	$	(522	)	$	11,879	$	(587	)