Securities (Tables)

9 Months Ended

Sep. 30, 2014

Securities [Abstract]

Summary of amortized cost and approximate fair values of securities

			Gross		Gross
	Amortized		Unrealized		Unrealized			Approximate
($ in thousands)	Cost		Gains		Losses			Fair Value
Available-for-Sale Securities:
September 30, 2014:
U.S. Treasury and Government agencies	$	18,034	$	142	$	(40	)	$	18,136
Mortgage-backed securities		43,722		477		(359	)		43,840
State and political subdivisions		18,111		1,045		(7	)		19,149
Equity securities		23		-		-			23
	$	79,890	$	1,664	$	(406	)	$	81,148

			Gross		Gross
	Amortized		Unrealized		Unrealized
($ in thousands)	Cost		Gains		Losses			Fair Value
Available-for-Sale Securities:
December 31, 2013:
U.S. Treasury and Government agencies	$	11,305	$	120	$	(125	)	$	11,300
Mortgage-backed securities		57,322		417		(516	)		57,223
State and political subdivisions		17,937		546		(328	)		18,155
Money Market Mutual Fund		3,092		-		-			3,092
Equity securities		23		-		-			23
	$	89,679	$	1,083	$	(969	)	$	89,793

Summary of amortized cost and fair value of securities available for sale by contractual maturity

	Available for Sale
	Amortized		Fair
($'s in thousands)	Cost		Value
September 30, 2014:
Within one year	$	470	$	479
Due after one year through five years		1,866		1,935
Due after five years through ten years		7,319		7,498
Due after ten years		26,490		27,373
		36,145		37,285
Mortgage-backed securities & equity securities		43,745		43,863
	$	79,890	$	81,148

Summary of securities with unrealized losses

($ in thousands)	Less than 12 Months					12 Months or Longer					Total
September 30, 2014	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
Available-for-Sale Securities:
U.S. Treasury and Government agencies	$	5,043	$	(16	)	$	2,976	$	(24	)	$	8,019	$	(40	)
Mortgage-backed securities		10,999		(69	)		7,315		(290	)		18,314		(359	)
State and political subdivisions		-		-			844		(7	)		844		(7	)
	$	16,042	$	(85	)	$	11,135	$	(321	)	$	27,177	$	(406	)

($ in thousands)	Less than 12 Months					12 Months or Longer					Total
December 31, 2013	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
Available-for-Sale Securities:
U.S. Treasury and Government agencies	$	3,834	$	(125	)	$	-	$	-		$	3,834	$	(125	)
Mortgage-backed securities		24,773		(410	)		2,333		(106	)		27,106		(516	)
State and political subdivisions		4,868		(328	)		-		-			4,868		(328	)
	$	33,475	$	(863	)	$	2,333	$	(106	)	$	35,808	$	(969	)