INVESTMENT SECURITIES (Tables)

9 Months Ended

Sep. 30, 2013

Investments, Debt and Equity Securities [Abstract]

Schedule of amortized cost and approximate fair values of securities

	September 30, 2013
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
	(Unaudited; In Thousands)
Available-for-sale Securities
Federal agencies	$	39,519	$	271	$	(1,146	)	$	38,644
State and municipal		35,594		830		(1,309	)		35,115
Government-sponsored enterprise (GSE) residential mortgage-backed and other asset-backed agency securities		45,750		426		(1,129	)		45,047
Corporate		3,165		1		(400	)		2,766
Total investment securities	$	124,028	$	1,528	$	(3,984	)	$	121,572

	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	$	6,722	$	6,789
One to five years		17,375		17,479
Five to ten years		32,832		32,064
After ten years		21,349		20,193
		78,278		76,525
Government-sponsored enterprise (GSE) residential mortgage-backed and other asset-backed agency securities		45,750		45,047
Totals	$	124,028	$	121,572

Schedule of gross unrealized Loss on Investments and fair value

	September 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	$	24,328	$	(1,146	)	$	-	$	-		$	24,328	$	(1,146	)
State and municipal		16,534		(1,309	)		-		-			16,534		(1,309	)
Government-sponsored enterprise (GSE) residential mortgage-backed and other asset-backed agency securities		30,065		(1,129	)		-		-			30,065		(1,129	)
Corporate		997		(2	)		1,268		(398	)		2,265		(400	)
Total temporarily impaired securities	$	71,924	$	(3,586	)	$	1,268	$	(398	)	$	73,192	$	(3,984	)

	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	)