Available-For-Sale Securities (Tables)

6 Months Ended

Jun. 30, 2014

Available-For-Sale Securities

Summary of the amortized cost and fair value of the available for sale investment securities portfolio

	(Dollars in Thousands)
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
June 30, 2014
U. S. government agencies and government sponsored entities	$	5,991	$	—	$	(67	)	$	5,924
State and municipal	20,614		819		(131		)	21,302
Agency mortgage-backed securities: residential	25,544		267		(71		)	25,740
Trust preferred security	1,874		—		(434		)	1,440
Corporate Bonds	1,000		—		(1		)	999
Total Available-for-Sale Securities	$	55,023	$	1,086	$	(704	)	$	55,405
December 31, 2013
U. S. government agencies and government sponsored entities	$	6001	$	—	$	(182	)	$	5,819
State and municipal	19,394		547		(265		)	19,676
Agency mortgage-backed securities: residential	23,825		172		(253		)	23,744
Trust preferred security	1,872		—		(472		)	1,400
Corporate bond	1,000		—		(6		)	994
Total Available-for-Sale Securities	$	52,092	$	719	$	(1,178	)	$	51,633

Summary of the amortized cost and fair value of investment securities by contractual maturity

	June 30, 2014 (Dollars in Thousands)
	Available-For-Sale
	Amortized Cost		Fair Value
Due in one year or less	534		543
Due from one to five years	8,091		8,251
Due from five to ten years	11,978		12,226
Due after ten years	8,876		8,645
Agency mortgage-backed: residential	25,544		25,740
Total	$	55,023	$	55,405

Summary of the investment securities with unrealized losses aggregated by investment category and length of time that individual securities have been in continuous unrealized loss position

	(Dollars in Thousands)
	Less than 12 Months					12 Months or More					Total
Description of Securities	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
June 30, 2014:
U.S. government agencies and government sponsored entities	$	990	$	(2	)	$	4,934	$	(65	)	$	5,924	$	(67	)
State and municipal	1,736		(8		)	2,489		(123		)	4,225		(131		)
Agency mortgage-backed: residential	7,984		(21		)	1751		(50		)	9,735		(71		)
Trust preferred security	—		—			1,440		(434		)	1,440		(434		)
Corporate Bonds	999		(1		)	—		—			999		(1		)
Total temporarily impaired	$	11,709	$	(32	)	$	10,614	$	(672	)	$	22,323	$	(704	)

	(Dollars in Thousands)
	Less than 12 Months					12 Months or More					Total
Description of Securities	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
December 31, 2013:
U.S. government agencies and government sponsored entities	$	4,882	$	(119	)	$	937	$	(63	)	$	5,819	$	(182	)
State and municipal	3,988		(128		)	844		(137		)	4,832		(265		)
Agency mortgage-backed: residential	12,977		(253		)	—		—			12,977		(253		)
Trust preferred security	—		—			1,400		(472		)	1,400		(472		)
Corporate bonds	994		(6		)	—		—			994		(6		)
Total temporarily impaired	$	22,841	$	(506	)	$	3,181	$	(672	)	$	26,022	$	(1,178	)