XML 21 R28.htm IDEA: XBRL DOCUMENT v2.4.0.6
Investment Securities (Schedule of Unrealized Loss on Investments) (Details) (USD $)
6 Months Ended
Jun. 30, 2012
Dec. 31, 2011
Schedule of Available-for-sale Securities [Line Items]    
Less than 12 Months: Fair Value $ 39,262,000 $ 18,714,000
12 Months or more: Fair Value 5,751,000 7,909,000
Total: Fair Value 45,013,000 26,623,000
Less than 12 Months: Unrealized Losses 1,003,000 1,281,000
12 Months or more: Unrealized Losses 3,201,000 3,288,000
Total: Unrealized Losses 4,204,000 4,569,000
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Severity

The unrealized losses on the remaining securities are due to changes in market value resulting from changes in market interest rates and are also considered temporary.

 
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Other, Geographic Concentration

At June 30, 2012, the investment portfolio included twenty-five municipal securities with a total market value of $11.6 million. These securities are reviewed quarterly for impairment. Research on each issuer is completed to ensure the financial stability of the municipal entity. The largest geographic concentration was in California where thirteen municipal securities had a market value of $5.9 million. As of June 30, 2012, management found no evidence of OTTI on any of the municipal securities held in the investment securities portfolio.

 
Total fair value of the investment portfolio 45,013,000 26,623,000
Number of municipal securities in investment portfolio 25  
Total market value of municipal securities 179,794,000 174,323,000
Number of securities in the geographical area with the highest concentration of municipal securities 13  
Market value of municipal securities in the geographical area with the highest concentration of municipal securities 5,900,000  
Number of municipal securities with OTTI impairment 0  
Collateralized Mortgage Obligations [Member]
   
Schedule of Available-for-sale Securities [Line Items]    
Less than 12 Months: Fair Value 9,826,000  
Total: Fair Value 9,826,000  
Less than 12 Months: Unrealized Losses 36,000  
Total: Unrealized Losses 36,000  
Total fair value of the investment portfolio 9,826,000  
Total market value of municipal securities 100,430,000 120,011,000
Mortgage-backed Securities [Member]
   
Schedule of Available-for-sale Securities [Line Items]    
12 Months or more: Fair Value   9,000
Total: Fair Value   9,000
Total fair value of the investment portfolio   9,000
Total market value of municipal securities 22,750,000 14,116,000
Municipal securities [Member]
   
Schedule of Available-for-sale Securities [Line Items]    
12 Months or more: Fair Value 2,576,000 4,490,000
Total: Fair Value 2,576,000 4,490,000
12 Months or more: Unrealized Losses 125,000 323,000
Total: Unrealized Losses 125,000 323,000
Total fair value of the investment portfolio 2,576,000 4,490,000
Total market value of municipal securities 11,570,000 11,034,000
Corporate bonds [Member]
   
Schedule of Available-for-sale Securities [Line Items]    
Less than 12 Months: Fair Value 19,270,000 18,714,000
Total: Fair Value 19,270,000 18,714,000
Less than 12 Months: Unrealized Losses 726,000 1,281,000
Total: Unrealized Losses 726,000 1,281,000
Total fair value of the investment portfolio 19,270,000 18,714,000
Total market value of municipal securities 31,569,000 25,617,000
Asset-backed Securities [Member]
   
Schedule of Available-for-sale Securities [Line Items]    
Less than 12 Months: Fair Value 10,166,000  
Total: Fair Value 10,166,000  
Less than 12 Months: Unrealized Losses 241,000  
Total: Unrealized Losses 241,000  
Total fair value of the investment portfolio 10,166,000  
Total market value of municipal securities 10,166,000  
Trust Preferred Securities [Member]
   
Schedule of Available-for-sale Securities [Line Items]    
12 Months or more: Fair Value 3,175,000 3,410,000
Total: Fair Value 3,175,000 3,410,000
12 Months or more: Unrealized Losses 3,076,000 2,965,000
Total: Unrealized Losses 3,076,000 2,965,000
Total fair value of the investment portfolio 3,175,000 3,410,000
Total market value of municipal securities 3,175,000 3,410,000
Other securities [Member]
   
Schedule of Available-for-sale Securities [Line Items]    
Total market value of municipal securities $ 134,000 $ 135,000