Securities (Tables)

6 Months Ended

Jun. 30, 2012

Securities [Abstract]

Amortized costs and fair value of securities held-to-maturity

Amortized costs and fair values of securities held-to-maturity as of the dates indicated are as follows:

			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
	(in thousands)
June 30, 2012
Obligations of  U.S. Government agencies	$	470	$	4	$	0	$	474
Obligations of state and political subdivisions		145		2		0		147
Total	$	615	$	6	$	0	$	621
December 31, 2011
Obligations of  U.S. Government agencies	$	1,370	$	8	$	0	$	1,378
Obligations of state and political subdivisions		145		3		0		148
Total	$	1,515	$	11	$	0	$	1,526

Amortized costs and fair value of securities available-for-sale

Amortized costs and fair values of securities available-for-sale as of the dates indicated are as follows:

			Gross		Gross
	Amortized		Unrealized		Unrealized			Fair
	Cost		Gains		Losses			Value
	(in thousands)
June 30, 2012
Obligations of  U.S. Government agencies	$	40,676	$	1,164	$	0		$	41,840
Obligations of state and political subdivisions		27,457		323		(296	)		27,484
Mortgage-backed securities		223,379		1,536		(37	)		224,878
Money market investments		1,593		0		0			1,593
Total	$	293,105	$	3,023	$	(333	)	$	295,795
December 31, 2011
U.S. Treasury securities	$	250	$	0	$	0		$	250
Obligations of  U.S. Government agencies		117,848		1,706		0			119,554
Obligations of state and political subdivisions		11,999		266		(4	)		12,261
Mortgage-backed securities		102,884		396		(52	)		103,228
Money market investments		1,306		0		0			1,306
Total	$	234,287	$	2,368	$	(56	)	$	236,599

Temporarily impaired securities

The following table shows the gross unrealized losses and fair value of the Company's investments with unrealized losses that are deemed to be temporarily impaired, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position as of the dates indicated. The Company had no held-to-maturity securities with unrealized losses at June 30, 2012 or December 31, 2011.

	June 30, 2012
	Less Than Twelve Months				More Than Twelve Months				Total
	Gross				Gross				Gross
	Unrealized		Fair		Unrealized		Fair		Unrealized		Fair
	Losses		Value		Losses		Value		Losses		Value
	(in thousands)
Securities Available-for-Sale
Obligations of state and political subdivisions	$	296	$	12,632	$	0	$	0	$	296	$	12,632
Mortgage-backed securities		37		25,738		0		0		37		25,738
Total securities available-for-sale	$	333	$	38,370	$	0	$	0	$	333	$	38,370

	December 31, 2011
	Less Than Twelve Months				More Than Twelve Months				Total
	Gross				Gross				Gross
	Unrealized		Fair		Unrealized		Fair		Unrealized		Fair
	Losses		Value		Losses		Value		Losses		Value
	(in thousands)
Securities Available-for-Sale
Obligations of state and political subdivisions	$	4	$	1,706	$	0	$	0	$	4	$	1,706
Mortgage-backed securities		52		29,364		0		0		52		29,364
Total securities available-for-sale	$	56	$	31,070	$	0	$	0	$	56	$	31,070