5. INVESTMENT SECURITIES (Tables)

9 Months Ended

Sep. 30, 2016

Investment securities activity

Schedule Of Securities' Amortized Cost And Estimated Fair Value

				Gross		Gross		Approximate
		Amortized		Unrealized		Unrealized		Fair
(Dollars are in thousands)		Cost		Gains		Losses		Value
September 30, 2016
U.S. Government Agencies	$	26,995	$	314	$	51	$	27,258
Taxable municipals		2,401	73		-		2,474
Corporate bonds		3,100	186		-		3,286
Mortgage backed securities		41,392	239		88		41,543
Total Securities AFS	$	73,888	$	812	$	139	$	74,561
December 31, 2015
U.S. Government Agencies	$	41,488	$	244	$	209	$	41,523
Taxable municipals		3,337	5		61		3,281
Corporate bonds		1,944	15		20		1,939
Mortgage backed securities		55,369	41		511		54,899
Total Securities AFS	$	102,138	$	305	$	801	$	101,642

Schedule Of Fair Value And Gross Unrealized Losses On Investment Securities In A Continuous Unrealized Loss Position

	Less than 12 Months				12 Months or More				Total
(Dollars are in thousands)	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
September 30, 2016
U.S. Government Agencies	$	3,724	$	42	$	1,794	$	9	$	5,518	$	51
Mtg. backed securities		7,915		45		4,938		43		12,853		88
Total Securities AFS	$	11,639	$	87	$	6,732	$	52	$	18,371	$	139
December 31, 2015
U.S. Government Agencies	$	14,995	$	81	$	7,708	$	128	$	22,073	$	209
Taxable municipals		2,136		57		278		4		2,414		61
Corporate bonds		923		20		—		—		923		20
Mtg. backed securities		38,945		354		8,719		157		47,664		511
Total Securities AFS	$	56,999	$	512	$	16,705	$	289	$	73,074	$	801

Schedule of realized gains and losses pertaining to the sale of investment securities available for sale

	For the three months ended September 30,				For the nine months ended September 30,
(Dollars are in thousands)	2016		2015		2016			2015
Gross gains realized	$	—	$	—	$	275		$	62
Gross losses realized		—		—		(35	)		(27	)
Net realized gains	$	—	$	—	$	240		$	35

The Amortized Cost And Fair Value Of Investment Securities' Contractual Maturity

						Weighted
(Dollars are in thousands)		Amortized		Fair		Average
Securities Available-for-Sale		Cost		Value		Yield
Due in one year or less	$	1,221	$	1,225		0.91%
Due after one year through five years	656		657		1.84%
Due after five years through ten years		12,836		13,107		2.50%
Due after ten years		59,175		59,572		1.80%
Total	$	73,888	$	74,561		1.91%