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Marketable Securities (Tables)
6 Months Ended
Jun. 30, 2012
Marketable Securities [Abstract]  
Marketable securities [Table Text Block]

Gross

 

Gross

 

 

 

 

 

 

Unrealized

 

Unrealized

 

 

(dollars in thousands)

 

Amortized

 

Holding

 

Holding

 

Fair

June 30, 2012

 

Cost

 

Gains

 

Losses

 

Value

Available-for-sale:

 

 

 

 

 

 

 

 

Level 1

 

 

 

 

 

 

 

 

  Equity securities

$

1,136

$

8,311

$

---

$

9,447

Level 2

 

 

 

 

 

 

 

 

  Municipal bonds

 

71,716

 

1,450

 

19

 

73,147

 

$

72,852

$

9,761

$

19

$

82,594

 

 

 

 

 

Gross

 

Gross

 

 

 

 

 

 

Unrealized

 

Unrealized

 

 

(dollars in thousands)

 

Amortized

 

Holding

 

Holding

 

Fair

December 31, 2011

 

Cost

 

Gains

 

Losses

 

Value

Available-for-sale:

 

 

 

 

 

 

 

 

Level 1

 

 

 

 

 

 

 

 

  Equity securities

$

1,713

$

7,735

$

---

$

9,448

Level 2

 

 

 

 

 

 

 

 

  Municipal bonds

 

78,388

 

1,512

 

---

 

79,900

 

$

80,101

$

9,247

$

---

$

89,348

 

Maturities of marketable securities classified as available-for-sale at June 30, 2012 [Table Text Block]

 

 

Amortized

 

Fair

(dollars in thousands)

 

Cost

 

Value

Available-for-sale:

 

 

 

 

Due within one year

$

1,508

$

1,489

Due after one year through five years

 

48,397

 

48,438

Due after five years through ten years

 

19,813

 

21,221

Due after ten years

 

1,998

 

1,999

Equity securities

 

1,136

 

9,447

 

$

72,852

$

82,594