2. INVESTMENT SECURITIES (Tables)

6 Months Ended

Jun. 30, 2014

Schedule of amortized cost of investment securities and their estimated fair value (Tables):

Schedule of amortized cost of investment securities and their estimated fair value (Tables)

	As of June 30, 2014
			Gross		Gross			Estimated
	Amortized		Unrealized		Unrealized			Fair
	Cost		Gains		Losses			Value
Available-for-Sale:
Obligations of state and political subdivisions	$	4,468	$	256	$	—		$	4,724
Government sponsored agency mortgage-backed securities		201,251		1,667		(2,073	)		200,845
Corporate debt securities		6,000		—		(855	)		5,145
Equity securities		3,000		—		(18	)		2,982
Total available-for-sale	$	214,719	$	1,923	$	(2,946	)	$	213,696
Held-to-Maturity:
Government sponsored agency mortgage-backed securities	$	2	$	—	$	—		$	2
	As of December 31, 2013
			Gross		Gross			Estimated
	Amortized		Unrealized		Unrealized			Fair
	Cost		Gains		Losses			Value
Available-for-Sale:
Obligations of U.S. government sponsored agencies	$	19,669	$	—	$	(1,471	)	$	18,198
Obligations of state and political subdivisions		5,216		151		(50	)		5,317
Government sponsored agency mortgage-backed securities		251,923		2,528		(6,174	)		248,277
Corporate debt securities		6,000		—		(1,245	)		4,755
Equity securities		3,000		—		(68	)		2,932
Total available-for-sale	$	285,808	$	2,679	$	(9,008	)	$	279,479
Held-to-Maturity:
Government sponsored agency mortgage-backed securities	$	2	$	—	$	—		$	2

Schedule of Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value (Table)

	As of June 30, 2014
	Less than 12 Months					12 Months or Longer					Total
	Estimated		Unrealized			Estimated		Unrealized			Estimated		Unrealized
	Fair Value		Losses			Fair Value		Losses			Fair Value		Losses
Description of Securities
Government sponsored agency mortgage-backed securities	$	20,318	$	(23	)	$	98,443	$	(2,050	)	$	118,761	$	(2,073	)
Corporate debt securities		—		—			5,145		(855	)		5,145		(855	)
Equity securities		1,994		(6	)		988		(12	)		2,982		(18	)
Total impaired securities	$	22,312	$	(29	)	$	104,576	$	(2,917	)	$	126,888	$	(2,946	)
	As of December 31, 2013
	Less than 12 Months					12 Months or Longer					Total
	Estimated		Unrealized			Estimated		Unrealized			Estimated		Unrealized
	Fair Value		Losses			Fair Value		Losses			Fair Value		Losses
Description of Securities
Obligations of U.S. government sponsored agencies	$	18,198	$	(1,471	)	$	—	$	—		$	18,198	$	(1,471	)
Obligations of state and political subdivisions		1,145		(50	)		—		—			1,145		(50	)
Government sponsored agency mortgage-backed securities		156,421		(5,163	)		17,296		(1,011	)		173,717		(6,174	)
Corporate debt securities		—		—			4,755		(1,245	)		4,755		(1,245	)
Equity securities		2,932		(68	)		—		—			2,932		(68	)
Total impaired securities	$	178,696	$	(6,752	)	$	22,051	$	(2,256	)	$	200,747	$	(9,008	)