Securities (Tables)

3 Months Ended

Mar. 31, 2013

Securities Tables

Book values and approximate fair values of investment securities

The book values and approximate fair values of investment securities at March 31, 2013 and December 31, 2012 are summarized as follows:

	March 31, 2013									December 31, 2012
	Amortized		Fair		Unrealized					Amortized		Fair		Unrealized
($ in thousands)	Cost		Value		Gains		(Losses)			Cost		Value		Gains		(Losses)
Securities available for sale:
Government-sponsored enterprise securities	$	11,500		11,588		88		—			11,500		11,596		96		—
Mortgage-backed securities		147,749		150,773		3,577		(553	)		143,539		146,926		3,717		(330	)
Corporate bonds		3,998		3,865		67		(200	)		3,998		3,813		75		(260	)
Equity securities		3,985		3,988		23		(20	)		5,026		5,017		16		(25	)
Total available for sale	$	167,232		170,214		3,755		(773	)		164,063		167,352		3,904		(615	)
Securities held to maturity:
State and local governments	$	55,649		60,758		5,109		—			56,064		61,496		5,432		—

Schedule of information regarding securities with unrealized losses

The following table presents information regarding securities with unrealized losses at March 31, 2013:

($ in thousands)	Securities in an Unrealized Loss Position for Less than 12 Months				Securities in an Unrealized Loss Position for More than 12 Months				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
Government-sponsored enterprise securities	$	—		—		—		—		—		—
Mortgage-backed securities		35,219		553		—		—		35,219		553
Corporate bonds		—		—		800		200		800		200
Equity securities		—		—		24		20		24		20
State and local governments		—		—		—		—		—		—
Total temporarily impaired securities	$	35,219		553		824		220		36,043		773

The following table presents information regarding securities with unrealized losses at December 31, 2012:

($ in thousands)	Securities in an Unrealized Loss Position for Less than 12 Months				Securities in an Unrealized Loss Position for More than 12 Months				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
Government-sponsored enterprise securities	$	—		—		—		—		—		—
Mortgage-backed securities		26,330		330		—		—		26,330		330
Corporate bonds		—		—		740		260		740		260
Equity securities		—		—		30		25		30		25
State and local governments		—		—		—		—		—		—
Total temporarily impaired securities	$	26,330		330		770		285		27,100		615

Schedule of book values and approximate fair values of investment securities by contractual maturity

	Securities Available for Sale				Securities Held to Maturity
	Amortized		Fair		Amortized		Fair
($ in thousands)	Cost		Value		Cost		Value
Debt securities
Due within one year	$	—		—		—		—
Due after one year but within five years		14,498		14,653		5,610		6,121
Due after five years but within ten years		—		—		33,627		36,758
Due after ten years		1,000		800		16,412		17,879
Mortgage-backed securities		147,749		150,773		—		—
Total debt securities		163,247		166,226		55,649		60,758
Equity securities		3,985		3,988		—		—
Total securities	$	167,232		170,214		55,649		60,758