Securities (Tables)

12 Months Ended

Dec. 31, 2013

Securities Tables

Schedule of Available for Sale Securities

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Approximate Fair Value
Available-for-sale securities	(In thousands)
December 31, 2013:
U.S. government agencies	$	137	$	—	$	—	$	137
Mortgage-backed securities of government sponsored entities		79,901		1,177		721		80,357
Private-label collateralized mortgage obligations		675		29		—		704
State and political subdivisions		22,116		547		236		22,427
Totals	$	102,829	$	1,753	$	957	$	103,625

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Approximate Fair Value
Available-for-sale securities	(In thousands)
December 31, 2012:
U.S. government agencies	$	155	$	1	$	1	$	155
Mortgage-backed securities of government sponsored entities		83,956		1,979		105		85,830
Private-label collateralized mortgage obligations		1,067		39		—		1,106
State and political subdivisions		22,842		1,587		2		24,427
Totals	$	108,020	$	3,606	$	108	$	111,518

Schedule of Held To Maturity Securities

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Approximate Fair Value
Held-to-maturity Securities:	(In thousands)
December 31, 2013:
U.S. government agencies	$	109	$	—	$	—	$	109
Mortgage-backed securities of           government-sponsored entities		1,390		11		21		1,380
State and political subdivisions		5,124		—		492		4,632
Totals	$	6,623	$	11	$	513	$	6,121

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Approximate Fair Value
Held-to-maturity Securities:	(In thousands)
December 31, 2012:
U.S. government agencies	$	130	$	1	$	—	$	131
Mortgage-backed securities of           government-sponsored entities		1,469		45		—		1,514
State and political subdivisions		2,149		—		54		2,095
Totals	$	3,748	$	46	$	54	$	3,740

Schedule of Expected Maturities of Available for Sale and Held To Maturity Securities

The amortized cost and fair value of available-for-sale securities and held-to-maturity securities at December 31, 2013, by contractual maturity, are shown below.

	Available-For-Sale				Held-To-Maturity
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
	(In thousands)
One to five years	$	3,935	$	4,114	$	—	$	—
Five to ten years		4,224		4,277		3,059		2,846
After ten years		14,094		14,173		2,174		1,895
		22,253		22,564		5,233		4,741
Mortgage-backed securities of government-sponsored entities		79,901		80,357		1,390		1,380
Private-label collateralized mortgage obligations		675		704		—		—
Totals	$	102,829	$	103,625	$	6,623	$	6,121

Schedule of Securities in a Gross Unrealized Loss Position

The following table shows the Company’s investments’ gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at December 31, 2013 and 2012:

	December 31, 2013
	Less than 12 Months				More than 12 Months				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
	(In thousands)
Mortgage-backed securities      of government-      sponsored entities	$	36,004	$	575	$	5,330	$	167	$	41,334	$	742
State and political      subdivisions		8,639		555		1,519		173		10,158		728
Total temporarily impaired      securities	$	44,643	$	1,130	$	6,849	$	340	$	51,492	$	1,470

	December 31, 2012
	Less than 12 Months				More than 12 Months				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
	(In thousands)
U.S. government agencies	$	—	$	—	$	66	$	1	$	66	$	1
Mortgage-backed securities      of government-      sponsored entities		13,636		83		2,107		22		15,743		105
State and political      subdivisions		3,162		56		—		—		3,162		56
Total temporarily impaired      securities	$	16,798	$	139	$	2,173	$	23	$	18,971	$	162