Investment Securities (Tables)

9 Months Ended

Sep. 30, 2012

Investment Securities [Abstract]

Summary Of Investment Securities

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
		(In Thousands)
September 30, 2012
Securities available for sale
U.S. Treasury and government sponsored entities	$	99,505	$	467	$	-	$	99,972
Municipal securities		18,199		691		-		18,890
U.S. Agency mortgage-backed securities		41		2		-		43
Corporate bonds		48,644		1,035		-		49,679
Preferred stock		3,524		257		22		3,759
Total securities available for sale	$	169,913	$	2,452	$	22	$	172,343
Securities held to maturity
Municipal securities	$	2,750	$	246	$	-	$	2,996
Total securities held to maturity	$	2,750	$	246	$	-	$	2,996
December 31, 2011
Securities available for sale
U.S. Treasury and government sponsored entities	$	160,529	$	625	$	50	$	161,104
Municipal securities		16,260		675		-		16,935
U.S. Agency mortgage-backed securities		52		2		-		54
Corporate bonds		43,767		343		1,119		42,991
Preferred stock		996		3		-		999
Total securities available for sale	$	221,604	$	1,648	$	1,169	$	222,083
Securities held to maturity
Municipal securities	$	3,819	$	258	$	-	$	4,077
Total securities held to maturity	$	3,819	$	258	$	-	$	4,077
September 30, 2011
Securities available for sale
U.S. Treasury and government sponsored entities	$	153,017	$	831	$	22	$	153,826
Municipal securities		14,002		536		-		14,538
U.S. Agency mortgage-backed securities		56		2		-		58
Corporate bonds		43,593		439		635		43,397
Total securities available for sale	$	210,668	$	1,808	$	657	$	211,819
Securities held to maturity
Municipal securities	$	4,385	$	234	$	-	$	4,619
Total securities held to maturity	$	4,385	$	234	$	-	$	4,619

Schedule Of Amortized Cost And Fair Value By Contractual Maturity

	Amortized Cost		Fair Value		Weighted Average Yield
		(In Thousands)
US Treasury and government sponsored entities
Within 1 year	$	9,998	$	10,007	0.63	%
1-5 years		89,507		89,965	0.69	%
Total	$	99,505	$	99,972	0.69	%
U.S. Agency mortgage-backed securities
5-10 years	$	41	$	43	4.45	%
Total	$	41	$	43	4.45	%
Corporate bonds
Within 1 year	$	3,163	$	3,181	2.89	%
1-5 years		45,481		46,498	2.49	%
Total	$	48,644	$	49,679	2.52	%
Preferred stock
Over 10 years		3,524		3,759	5.57	%
Total	$	3,524	$	3,759	5.57	%
Municipal securities
Within 1 year	$	1,493	$	1,495	0.95	%
1-5 years		10,304		10,619	2.28	%
5-10 years		6,290		6,686	4.68	%
Over 10 years		2,862		3,086	4.78	%
Total	$	20,949	$	21,886	3.24	%

Schedule Of Available-For-Sale Securities Proceeds, Gains, And Losses

	Proceeds		Gross Gains		Gross Losses
	(In Thousands)
2012
Available for sale securities	$	30,424	$	273	$	-
2011
Available for sale securities	$	17,030	$	296	$	-

Summary Of Interest Income On Available-For-Sale Investment Securities

		2012		2011
		(In Thousands)
US Treasury and government sponsored entities	$	755	$	1,197
U.S. Agency mortgage-backed securities		2		2
Other		954		683
Total taxable interest income	$	1,711	$	1,882
Municipal securities	$	429	$	369
Total tax-exempt interest income		429		369
Total	$	2,140	$	2,251