Investments (Tables)

6 Months Ended

Jun. 30, 2013

Investments, Debt and Equity Securities

Schedule of amortized cost and approximate fair values of investment securities held-to-maturity

Amortized cost and approximate fair values of investment securities held-to-maturity at December 31, 2012, including gross unrealized gains and losses, are summarized (with dollars in thousands) as follows:

								Approximate
	Amortized		Unrealized		Unrealized			Fair
	Cost		Gain		Loss			Value
Municipal securities	$	35,370	$	988	$	(140	)	$	36,218
	$	35,370	$	988	$	(140	)	$	36,218

Amortized cost and approximate fair values of investment securities held-to-maturity at June 30, 2013, including gross unrealized gains and losses, are summarized (with dollars in thousands) as follows:

								Approximate
	Amortized		Unrealized		Unrealized			Fair
	Cost		Gain		Loss			Value
Municipal securities	$	47,328	$	445	$	(1,844	)	$	45,929
	$	47,328	$	445	$	(1,844	)	$	45,929

Schedule of amortized cost and approximate fair values of investment securities available-for-sale

Amortized cost and approximate fair values of investment securities available-for-sale at December 31, 2012 are summarized (with dollars in thousands) as follows:

								Approximate
	Amortized		Unrealized		Unrealized			Fair
	Cost		Gain		Loss			Value
U. S. Agency securities	$	21,951	$	247	$	(6	)	$	22,192
Mortgage-backed securities	56,217		328		(169		)	56,376
Other securities	934		—		—			934
	$	79,102	$	575	$	(175	)	$	79,502

Amortized cost and approximate fair values of investment securities available-for-sale at June 30, 2013 are summarized (with dollars in thousands) as follows:

								Approximate
	Amortized		Unrealized		Unrealized			Fair
	Cost		Gain		Loss			Value
U. S. Agency securities	$	36,064	$	66	$	(1,044	)	$	35,086
Mortgage-backed securities	47,806		147		(423		)	47,530
Other securities	934		—		—			934
	$	84,804	$	213	$	(1,467	)	$	83,550

Schedule of amortized cost and approximate fair values of securities by maturity

The following tables summarize amortized cost and approximate fair values of securities (with dollars in thousands) by maturity:

	June 30, 2013
	Held to Maturity				Available for sale
			Approximate				Approximate
	Amortized		Fair		Amortized		Fair
	Cost		Value		Cost		Value
Within one year	$	758	$	777	$	—	$	—
After one year, but within five	2,213		2,249		10,425		10,291
After five years, but within ten	10,477		10,546		34,009		33,156
After ten Years	33,880		32,357		40,370		40,103
Total	$	47,328	$	45,929	$	84,804	$	83,550

Schedule of investments in an unrealized loss position

The following table discloses investments in an unrealized loss position: (with dollars in thousands)

At December 31, 2012, total temporary impairment totaled $315.

Description and number	Less than 12 months					12 months or more
of positions	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
U.S. Agencies(3)	$	9,676	$	(6	)	$	—	$	—
Mortgage-backed securities(11)	28,688		(169		)	—		—
Municipal securities(28)	11,216		(140		)	—		—
	$	49,580	$	(315	)	$	—	$	—

At June 30, 2013, total temporary impairment (with dollars in thousands) totaled $3,311.

Description and number	Less than 12 months					12 months or more
of positions	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
U.S. Agencies(11)	$	30,506	$	(1,044	)	$	—	$	—
Mortgage-backed securities(10)	26,156		(423		)	—		—
Municipal securities(72)	25,393		(1,844		)	—		—
	$	82,055	$	(3,311	)	$	—	$	—