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INVESTMENT SECURITIES (Tables)
 6 Months Ended
Jun. 30, 2014
Investments, Debt and Equity Securities [Abstract]  
Schedule of amortized cost and approximate fair values of securities
 
 
  
June 30, 2014
  
 
  

Amortized
Cost
    
Gross
Unrealized
Gains
    
Gross
Unrealized
Losses
    

Fair
Value
  
 
 
  
 
(Unaudited; In Thousands)
  
Available-for-sale securities
  
 
 
    
 
 
    
 
 
    
 
 
  
Federal agencies
  
$
34,942
    
$
196
    
$
(553
)
  
$
34,585
  
State and municipal
    
 
33,899
      
 
1,089
      
(283
)
    
 
34,705
  
Government-sponsored enterprise (GSE) residential mortgage-backed and other asset-backed agency securities
    
 
47,784
      
 
280
      
(730
)
    
 
47,334
  
Corporate
    
 
3,649
      
 
10
      
(280
)
    
 
3,379
  
Totals
  
$
120,274
    
$
1,575
    
$
(1,846
)
  
$
120,003
  
 
 
  
 
  
 
 
  
December 31, 2013
  
 
  

Amortized
Cost
    
Gross
Unrealized
Gains
    
Gross
Unrealized
Losses
    

Fair
Value
  
 
 
  
 
(In Thousands)
  
 
Available-for-sale securities
                                
Federal agencies
  
$
38,075
    
$
224
    
$
(1,086
)
  
$
37,213
  
State and municipal
    
 
37,709
      
 
748
      
(1,335
)
    
 
37,122
  
Government-sponsored enterprise (GSE) residential mortgage-backed and other asset-backed agency securities
    
 
42,782
      
 
176
      
(1,157
)
    
 
41,801
  
Corporate
    
 
4,164
      
 
-
      
(413
)
    
 
3,751
  
Totals
  
$
122,730
    
$
1,148
    
$
(3,991
)
  
$
119,887
  
 
  
 
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
  
$
3,012
    
$
3,029
  
One to five years
    
 
14,013
      
 
14,203
  
Five to ten years
    
 
29,811
      
 
29,537
  
After ten years
    
 
 
25,654
      
 
 
25,900
  
 
    
 
72,490
      
 
72,669
  
Government-sponsored enterprise (GSE) residential mortgage-backed and other asset-backed agency securities
    
 
 
47,784
      
 
 
47,334
  
Totals
  
$
120,274
    
$
120,003
  
 
Schedule of gross unrealized losses on investment and fair value
 
  
June 30, 2014
  
 
  
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
  
$
9,367
    
$
(238
)
  
$
11,685
    
$
(315
)
  
$
21,052
    
$
(553
)
State and municipal
    
 
3,293
      
(24
)
    
 
7,250
      
(259
)
    
 
10,543
      
(283
)
Government-sponsored enterprise (GSE) residential mortgage-backed and other asset-backed agency securities
    
 
7,965
      
(164
)
    
 
20,478
      
(566
)
    
 
28,443
      
(730
)
Corporate
    
 
-
      
 
-
      
 
1,129
      
(280
)
    
 
1,129
      
(280
)
Total temporarily impaired securities
  
$
20,625
    
$
(426
)
  
$
40,542
    
$
(1,420
)
  
$
61,167
    
$
(1,846
)
 
 
  
December 31, 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
  
 
  
(In Thousands)
  
 
                                                
Federal agencies
  
$
21,518
    
$
(962
)
  
$
1,876
    
$
(124
)
  
$
23,394
    
$
(1,086
)
State and municipal
    
 
18,556
      
(1,271
)
    
 
540
      
(64
)
    
 
19,096
      
(1,335
)
Government-sponsored enterprise (GSE) residential mortgage-backed and other asset-backed agency securities
    
 
30,717
      
(1,131
)
    
 
444
      
(26
)
    
 
31,161
      
(1,157
)
Corporate
    
 
2,732
      
(26
)
    
 
520
      
(387
)
    
 
3,252
      
(413
)
Total temporarily impaired securities
  
$
73,523
    
$
(3,390
)
  
$
3,380
    
$
(601
)
  
$
76,903
    
$
(3,991
)