Securities (Tables)

3 Months Ended

Mar. 31, 2014

Securities [Abstract]

Schedule of Amortized Cost and Fair Values of Securities Available For Sale

March 31, 2014	Amortized		Gross Unrealized		Gross Unrealized			Fair
(dollars in thousands)	Cost		Gains		(Losses)			Value
U.S. Government agencies	$	37,260	$	689	$	(85	)	$	37,864
Corporate bonds		9,060		36		(28	)		9,068
Asset-backed securities		2,147		-		(37	)		2,110
Mortgage-backed securities/CMOs		65,483		102		(979	)		64,606
Municipal bonds		24,540		11		(1,022	)		23,529
	$	138,490	$	838	$	(2,151	)	$	137,177
December 31, 2013	Amortized		Gross Unrealized		Gross Unrealized			Fair
(dollars in thousands)	Cost		Gains		(Losses)			Value
U.S. Government agencies	$	43,268	$	828	$	(91	)	$	44,005
Corporate bonds		9,066		37		(50	)		9,053
Asset-backed securities		2,151		-		(51	)		2,100
Mortgage-backed securities/CMOs		56,815		34		(1,252	)		55,597
Municipal bonds		23,896		5		(1,629	)		22,272
	$	135,196	$	904	$	(3,073	)	$	133,027

Schedule of Unrealized Losses in the Bank's Securities Portfolio

March 31, 2014	Less than 12 Months					12 Months or more					Total
(dollars in thousands)	Estimated		Unrealized			Estimated		Unrealized			Estimated		Unrealized
	Fair Value		(Losses)			Fair Value		(Losses)			Fair Value		(Losses)
U.S. Government agencies	$	2,889	$	(41	)	$	956	$	(44	)	$	3,845	$	(85	)
Corporate bonds		5,033		(28	)		-		-			5,033		(28	)
Asset-backed securities		959		(32	)		1,151		(5	)		2,110		(37	)
Mortgage-backed/CMOs		32,821		(649	)		11,422		(330	)		44,243		(979	)
Municipal bonds		14,225		(520	)		7,393		(502	)		21,618		(1,022	)
	$	55,927	$	(1,270	)	$	20,922	$	(881	)	$	76,849	$	(2,151	)
December 31, 2013	Less than 12 Months					12 Months or more					Total
(dollars in thousands)	Estimated		Unrealized			Estimated		Unrealized			Estimated		Unrealized
	Fair Value		(Losses)			Fair Value		(Losses)			Fair Value		(Losses)
U.S. Government agencies	$	2,889	$	(39	)	$	948	$	(52	)	$	3,837	$	(91	)
Corporate bonds		5,016		(50	)		-		-			5,016		(50	)
Asset-backed securities		960		(36	)		1,140		(15	)		2,100		(51	)
Mortgage-backed/CMOs		39,061		(1,079	)		8,609		(173	)		47,670		(1,252	)
Municipal bonds		18,433		(1,451	)		2,280		(178	)		20,713		(1,629	)
	$	66,359	$	(2,655	)	$	12,977	$	(418	)	$	79,336	$	(3,073	)