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Investment Securities (Tables)
12 Months Ended
Dec. 31, 2012
Investments, Debt and Equity Securities [Abstract]  
Investment [Table Text Block]

A summary of investment securities at December 31, 2012 and 2011 follows:

 

  2012  2011 
  Carrying  Fair  Carrying  Fair 
(In thousands) Amount  Value  Amount  Value 
Available-for-sale securities $23,484  $23,484  $25,051  $25,051 
Held-to-maturity securities  25,519   26,107   25,292   25,670 
Total investment securities $49,003  $49,591  $50,343  $50,721 
Schedule Of Available For Sale Securities and Held To Maturity Securities [Table Text Block]

At December 31, 2012, the composition of the investment portfolio was as follows:

 

    Amortized     Gross Unrealized     Fair  
(In thousands)   Cost Basis     Gains     Losses     Value  
Available-for-sale securities:                                
U.S. Government and agency obligations:
from one through five years
  $ 1,006     $ 23     $ -     $ 1,029  
Government guaranteed mortgage-backed securities     13,270       690       -       13,960  
Government guaranteed collateralized mortgage obligations     974       11       -       985  
Private label collateralized mortgage obligations     314       -       (20 )     294  
Total debt securities     15,564       724       (20 )     16,268  
Auction rate trust preferred securities     7,700       -       (484 )     7,216  
                                 
Total available-for-sale securities   $ 23,264     $ 724     $ (504 )   $ 23,484  
                                 
Held-to-maturity securities:                                
Government guaranteed mortgage-backed securities   $ 25,519     $ 588     $ -     $ 26,107  
                                 
Total held-to-maturity securities   $ 25,519     $ 588     $ -     $ 26,107  

 

At December 31, 2011, the composition of the investment portfolio was as follows:

 

    Amortized     Gross Unrealized     Fair  
(In thousands)   Cost Basis     Gains     Losses     Value  
Available-for-sale securities:                                
U.S. Government and agency obligations:
from one through five years
  $ 1,014     $ 54     $ -     $ 1,068  
Government guaranteed mortgage-backed securities     13,919       844       -       14,763  
Government guaranteed collateralized mortgage obligations     1,711       10       -       1,721  
Private label collateralized mortgage obligations     352       -       (97 )     255  
Total debt securities     16,996       908       (97 )     17,807  
Auction rate trust preferred securities     8,000       -       (756 )     7,244  
                                 
Total available-for-sale securities   $ 24,996     $ 908     $ (853 )   $ 25,051  
                                 
Held-to-maturity securities:                                
Government guaranteed mortgage-backed securities   $ 25,292     $ 387     $ (9 )   $ 25,670  
                                 
Total held-to-maturity securities   $ 25,292     $ 387     $ (9 )   $ 25,670
Schedule of Unrealized Loss on Investments [Table Text Block]

The following is a summary of the fair values and related unrealized losses aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position:

 

  Securities in Continuous Unrealized 
  Loss Position 12 or More Consecutive Months 
  Number of  Market  Unrealized 
(Dollars in thousands) Securities  Value  Loss 
Private label collateralized mortgage obligations  1  $294  $(20)
Auction rate trust preferred securities  5   7,216   (484)
Total securities in unrealized loss position  6  $7,510  $(504)

 

Unrealized losses on investment securities at December 31, 2011

 

The following is a summary of the fair values and related unrealized losses aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position:

 

  Securities in Continuous Unrealized 
  Loss Position Less Than 12 Months 
  Number of  Market  Unrealized 
(Dollars in thousands) Securities  Value  Loss 
Government guaranteed mortgage-backed securities  2  $4,244  $(9)
Total securities in unrealized loss position  2  $4,244  $(9)

 

  Securities in Continuous Unrealized 
  Loss Position 12 or More Consecutive Months 
  Number of  Market  Unrealized 
(Dollars in thousands) Securities  Value  Loss 
Private label collateralized mortgage obligations  1  $256  $(97)
Auction rate trust preferred securities  2   1,644   (756)
Total securities in unrealized loss position  3  $1,900  $(853