The following tables summarize the amortized cost, gross unrealized gains and losses, and fair value of investment securities available for sale and held to maturity by major classification.



	March 31, 2013
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Securities available for sale:
Residential mortgage-backed securities (MBS)	$	100,091	$	388	$	287	$	100,192
Commercial MBS	19,632		239		87		19,784
Corporate bonds	31,003		1,854		—		32,857
Municipal – non-taxable	600		1		—		601
Other debt securities	1,037		84		—		1,121
Marketable equity securities	37		42		—		79
Total securities available for sale	$	152,400	$	2,608	$	374	$	154,634

Securities held to maturity:
Corporate bonds	$	194	$	214	$	—	$	408



	December 31, 2012
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Securities available for sale:
Residential MBS	$	76,249	$	574	$	46	$	76,777
Commercial MBS	6,612		273		—		6,885
Corporate bonds	30,861		1,697		50		32,508
Municipal – non-taxable	15,492		709		—		16,201
Municipal – taxable	2,583		142		—		2,725
Other debt securities	1,083		74		—		1,157
Marketable equity securities	37		21		—		58
Total securities available for sale	$	132,917	$	3,490	$	96	$	136,311

Securities held to maturity:
Corporate bonds	$	180	$	230	$	—	$	410

All residential MBS in the investment portfolio as of March 31, 2013 and December 31, 2012 were backed by government sponsored enterprises ("GSEs").

The following tables summarize gross unrealized losses and fair values, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position.



	March 31, 2013
	Less Than 12 Months				12 Months or More				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
Securities available for sale:
Residential MBS	$	44,920	$	287	$	—	$	—	$	44,920	$	287
Commercial MBS	2,615		87		—		—		2,615		87
Total temporarily impaired securities	$	47,535	$	374	$	—	$	—	$	47,535	$	374



	December 31, 2012
	Less Than 12 Months				12 Months or More				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
Securities available for sale:
Residential MBS	$	28,802	$	46	$	—	$	—	$	28,802	$	46
Corporate bonds	2,013		50		—		—		2,013		50
Total temporarily impaired securities	$	30,815	$	96	$	—	$	—	$	30,815	$	96

Unrealized losses on investment securities as of March 31, 2013 related to seventeen residential MBS issued by GSEs and one investment grade commercial MBS. Unrealized losses on investment securities at December 31, 2012 related to nine residential MBS issued by GSEs, and two investment grade corporate bonds. As of March 31, 2013 and December 31, 2012, none of the securities had been in an unrealized loss position for more than a twelve month period.

The securities in an unrealized loss position as of March 31, 2013 continue to perform and are expected to perform through maturity, and the issuers have not experienced significant adverse events that would call into question their ability to repay these debt obligations according to contractual terms. Further, because the Company does not intend to sell these investments and does not believe that it will be required to sell the investments before recovery of their amortized cost bases, which may be maturity, unrealized losses on such securities are not considered to represent other-than-temporary impairment as of March 31, 2013.

As of March 31, 2013, the Company held no individual investment securities with an aggregate book value greater than 10 percent of total stockholders’ equity. As of March 31, 2013 and December 31, 2012, investment securities with carrying values of $88,170 and $50,685, respectively, were pledged to secure public deposits, borrowings and for other purposes required or permitted by law.

The amortized cost and fair values of securities available for sale, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.



	March 31, 2013				December 31, 2012
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Securities available for sale:
Due within one year	$	21,212	$	21,278	$	13,327	$	13,420
Due after one year through five years	83,677		85,688		78,671		81,064
Due after five years through ten years	29,721		29,875		24,039		24,669
Due after ten years	17,753		17,714		16,843		17,100
Other equity securities	37		79		37		58
	$	152,400	$	154,634	$	132,917	$	136,311
Securities held to maturity:
Due after five years through ten years	$	194	$	408	$	180	$	410

The following table summarizes securities gains (losses) for the periods presented.



	Successor Company				Predecessor Company
	Three Months Ended March 31, 2013		Period from February 1 to March 31, 2012		Period from January 1 to January 31, 2012

Gross gains on sales of securities available for sale	$	1,092	$	192	$	—
Gross losses on sales of securities available for sale	—		—		—
Total securities gains	$	1,092	$	192	$	—