Investment Securities (Tables)

12 Months Ended

Dec. 31, 2014

Investment Securities [Abstract]

Investment securities held to maturity

Investment securities - held to maturity consist of the following:

	December 31, 2014									December 31, 2013
(in thousands)	Carrying Value			Cost or Amortized Cost			Fair Value			Carrying Value			Cost or Amortized Cost			Fair Value
Held to Maturity:
U.S. Treasury Bills		$	-		$	-		$	-		$	14,798		$	14,798		$	14,798
		$	-		$	-		$	-		$	14,798		$	14,798		$	14,798

Investment securities held for trading

Investment securities – trading consist of the following:

December 31, 2014

December 31, 2013

(in thousands)

Carrying Value

Cost or Amortized Cost

Fair Value

Carrying Value

Cost or Amortized Cost

Fair Value

Trading:

Equity Securities

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

Gross unrealized gains (losses) on investment securities held to maturity

The gross unrealized gains (losses) on investment securities - held to maturity consist of the following:

(in thousands)

Held to Maturity:	December 31, 2014			December 31, 2013
Gross unrealized gains (losses)		$	-		$	-

Realized gains (losses) on investment securities

Realized gains (losses) on the sales of investment securities – trading are as follows:

(in thousands)

	Year Ended December 31, 2014		December 31, 2013
Net sale proceeds	$	956	$	817
Cost basis		936		778
Realized gains (losses)	$	20	$	39