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Investment Securities (Tables)
3 Months Ended
Mar. 31, 2013
Investment Securities [Abstract]  
Schedule Of Securities Amortized Cost And Estimated Fair Value

 

 

 

 

 

 

 

 

 

 

Gross

 

Gross

 

Approximate

 

Amortized

 

Unrealized

 

Unrealized

 

Fair

(Dollars are in thousands)

Cost

 

Gains

 

Losses

 

Value

March 31, 2013

U.S. Government Agencies

$

22,616 

$

343 

$

$

22,953 

Taxable municipals

-

-

-

-

Tax-exempt municipals

-

-

-

-

Mortgage backed securities

31,142 
140 
106 
31,176 

Total Securities AFS

$

53,758 

$

483 

$

112 

$

54,129 

 

December 31, 2012

U.S. Government Agencies

$

23,177 

$

473 

$

13 

$

23,637 

Taxable municipals

-

-

-

-

Tax-exempt municipals

-

-

-

-

Mortgage backed securities

25,822 
210 
54 
25,978 

Total Securities AFS

$

48,999 

$

683 

$

67 

$

49,615 

 

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

 

March 31, 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Government Agencies

$

2,573 

$

$

682 

$

$

3,255 

$

 

Mtg. backed securities

 

17,101 

 

106 

 

-

 

-

 

17,101 

 

106 

 

Total Securities AFS

$

19,674 

$

110 

$

682 

$

$

20,356 

$

112 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2012

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Government Agencies

$

2,931 

$

13 

$

-

$

-

$

2,931 

$

13 

 

Mtg. backed securities

 

7,491 

 

54 

 

-

 

-

 

7,491 

 

54 

 

Total Securities AFS

$

10,422 

$

67 

$

-

$

-

$

10,422 

$

67 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

$

-

$

-

 

-%

Due after one year through five years

1,456 
1,466 
0.98% 

Due after five years through fifteen years

 

12,094 

 

12,145 

 

1.55% 

Due after fifteen years

 

40,208 

 

40,518 

 

1.78% 

Total

$

53,758 

$

54,129 

 

1.71%