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Securities (Tables)
9 Months Ended
Sep. 30, 2012
Investments, Debt and Equity Securities [Abstract]  
Schedule Of Classification Of Available For Sale Securities Investment [Table Text Block]

The following table summarizes the Corporation’s securities as of September 30, 2012 and December 31, 2011:

 

(Dollar amounts in thousands)         Gross     Gross        
    Amortized     Unrealized     Unrealized     Fair  
    Cost     Gains     Losses     Value  
Available for sale:                                
September 30, 2012:                                
U.S. Treasury and federal agency   $ 3,958     $ 23     $ -     $ 3,981  
U.S. government sponsored entities and agencies     44,737       229       -       44,966  
Mortgage-backed securities: residential     23,260       1,915       -       25,175  
Collateralized mortgage obligations: residential     26,265       2       (100 )     26,167  
State and political subdivisions     35,390       2,009       -       37,399  
Corporate debt securities     3,730       29       (1 )     3,758  
Equity securities     2,280       4       (109 )     2,175  
    $ 139,620     $ 4,211     $ (210 )   $ 143,621  
December 31, 2011:                                
U.S. Treasury and federal agency   $ 3,944     $ 516     $ -     $ 4,460  
U.S. government sponsored entities and agencies     41,425       102       (7 )     41,520  
Mortgage-backed securities: residential     35,651       1,827       -       37,478  
State and political subdivisions     35,073       1,928       (1 )     37,000  
Equity securities     2,595       308       (207 )     2,696  
    $ 118,688     $ 4,681     $ (215 )   $ 123,154  
Schedule Of Contractual Maturities Of Available For Sale Securities Debt Maturities [Table Text Block]

The following table summarizes scheduled maturities of the Corporation’s debt securities as of September 30, 2012. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. Mortgage-backed securities and collateralized mortgage obligations are not due at a single maturity and are shown separately.

 

(Dollar amounts in thousands)   Available for sale  
    Amortized     Fair  
    Cost     Value  
             
Due in one year or less   $ 252     $ 255  
Due after one year through five years     44,228       44,718  
Due after five through ten years     37,787       39,335  
Due after ten years     5,548       5,796  
Mortgage-backed securities: residential     23,260       25,175  
Collateralized mortgage obligations: residential     26,265       26,167  
    $ 137,340     $ 141,446  
Schedule of Unrealized Loss on Investments [Table Text Block]

Information pertaining to securities with gross unrealized losses at September 30, 2012 and December 31, 2011, aggregated by investment category and length of time that individual securities have been in a continuous loss position, follows:

 

(Dollar amounts in thousands)   Less than 12 Months     12 Months or More     Total  
    Fair     Unrealized     Fair     Unrealized     Fair     Unrealized  
Description of Securities   Value     Loss     Value     Loss     Value     Loss  
                                     
September 30, 2012:                                                
Collateralized mortgage obligations: residential   $ 22,159     $ (100 )   $ -     $ -     $ 22,159     $ (100 )
Corporate debt securities     760       (1 )     -       -       760       (1 )
Equity securities     309       (11 )     1,198       (98 )     1,507       (109 )
    $ 23,228     $ (112 )   $ 1,198     $ (98 )   $ 24,426     $ (210 )
                                                 
December 31, 2011:                                                
U.S. government sponsored entities and agencies   $ 4,490     $ (7 )   $ -     $ -     $ 4,490     $ (7 )
State and political subdivisions     99       (1 )     -       -       99       (1 )
Equity securities     881       (185 )     187       (22 )     1,068       (207 )
    $ 5,470     $ (193 )   $ 187     $ (22 )   $ 5,657     $ (215 )
Available-for-sale Securities [Table Text Block]

Gains on sales of available for sale securities for the three and nine month periods ended September 30 were as follows:

 

(Dollar amounts in thousands)   For the three months     For the nine months  
    ended September 30,     ended September 30,  
    2012     2011     2012     2011  
                         
Proceeds   $ 6,043     $ -     $ 11,639     $ 27,493  
Gains     390       -       1,352       482  
Tax provision related to gains     133       -       460       164