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Investment Securities (Tables)
3 Months Ended
Jun. 30, 2014
INVESTMENT SECURITIES [Abstract]  
Investment Securities Amortized Cost and Estimated Fair Value [Table Text Block]
The following table sets forth the amortized cost and estimated fair value of securities available-for-sale and held-to-maturity at June 30, 2014:
 
 
Amortized
 
Gross Unrealized
 
 
$ in thousands
 
Cost
 
Gains
 
Losses
 
Fair-Value
Available-for-Sale:
 
 
 
 
 
 
 
 
Mortgage-backed securities:
 
 
 
 
 
 
 
 
Government National Mortgage Association
 
$
5,909

 
$

 
$
(241
)
 
$
5,668

Federal Home Loan Mortgage Corporation
 
11,809

 
8

 
(314
)
 
11,503

Federal National Mortgage Association
 
10,619

 
2

 
(247
)
 
10,374

Other
 
48

 

 

 
48

Total mortgage-backed securities
 
28,385

 
10

 
(802
)
 
27,593

U.S. Government Agency Securities
 
55,010

 
1

 
(2,079
)
 
52,932

Other investments
 
15,533

 

 
(343
)
 
15,190

Total available-for-sale
 
98,928

 
11

 
(3,224
)
 
95,715

Held-to-Maturity*:
 
 
 
 
 
 
 
 
Mortgage-backed securities:
 
 
 
 
 
 
 
 
Government National Mortgage Association
 
3,576

 
242

 

 
3,818

Federal National Mortgage Association
 
5,254

 

 
(132
)
 
5,122

Total held-to-maturity mortgage-backed securities
 
8,830

 
242

 
(132
)
 
8,940

Total securities
 
$
107,758

 
$
253

 
$
(3,356
)
 
$
104,655


* The carrying amount and amortized cost are the same for all held-to-maturity securities, as no OTTI has been recorded.

The following table sets forth the amortized cost and estimated fair value of securities available-for-sale and held-to-maturity at March 31, 2014:
 
 
Amortized
 
Gross Unrealized
 
Estimated
$ in thousands
 
Cost
 
Gains
 
Losses
 
Fair Value
Available-for-Sale:
 
 
 
 
 
 
 
 
Mortgage-backed securities:
 
 
 
 
 
 
 
 
Government National Mortgage Association
 
$
5,972

 
$

 
$
(307
)
 
$
5,665

Federal Home Loan Mortgage Corporation
 
12,160

 

 
(564
)
 
11,596

Federal National Mortgage Association
 
10,897

 

 
(466
)
 
10,431

Other
 
49

 

 

 
49

Total mortgage-backed securities
 
29,078

 

 
(1,337
)
 
27,741

U.S. Government Agency Securities
 
55,155

 

 
(2,966
)
 
52,189

Other investments
 
10,000

 

 
(469
)
 
9,531

Total available-for-sale
 
94,233

 

 
(4,772
)
 
89,461

Held-to-Maturity*:
 
 
 
 
 
 
 
 
Mortgage-backed securities:
 
 
 
 
 
 
 
 
Government National Mortgage Association
 
3,743

 
225

 

 
3,968

Federal National Mortgage Association
 
5,079

 

 
(283
)
 
4,796

Total held-to-maturity mortgage-backed securities
 
8,822

 
225

 
(283
)
 
8,764

Other
 
207

 

 

 
207

Total held-to-maturity
 
9,029

 
225

 
(283
)
 
8,971

Total securities
 
$
103,262

 
$
225

 
$
(5,055
)
 
$
98,432


* The carrying amount and amortized cost are the same for all held-to-maturity securities, as no OTTI has been recorded.
Schedule of Unrealized Loss on Investments [Table Text Block]
The following table sets forth the unrealized losses and fair value of securities in an unrealized loss position at June 30, 2014 for less than 12 months and 12 months or longer:
 
 
Less than 12 months
 
12 months or longer
 
Total
$ in thousands
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
Available-for-Sale:
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage-backed securities
 
$

 
$

 
$
(802
)
 
$
25,707

 
$
(802
)
 
$
25,707

U.S. Government Agency Securities
 

 

 
(2,079
)
 
45,931

 
(2,079
)
 
45,931

Other investments
 

 

 
(343
)
 
9,657

 
(343
)
 
9,657

Total available-for-sale securities
 

 

 
(3,224
)
 
81,295

 
(3,224
)
 
81,295

 
 
 
 
 
 
 
 
 
 
 
 
 
Held-to-Maturity:
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage-backed securities
 

 

 
(132
)
 
4,923

 
(132
)
 
4,923

  Total held-to-maturity securities
 

 

 
(132
)
 
4,923

 
(132
)
 
4,923

  Total securities
 
$

 
$

 
$
(3,356
)
 
$
86,218

 
$
(3,356
)
 
$
86,218




The following table sets forth the unrealized losses and fair value of securities in an unrealized loss position at March 31, 2014 for less than 12 months and 12 months or longer:
 
 
Less than 12 months
 
12 months or longer
 
Total
$ in thousands
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
Available-for-Sale:
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage-backed securities
 
$
(322
)
 
$
7,569

 
$
(1,015
)
 
$
20,123

 
$
(1,337
)
 
$
27,692

U.S. Government Agency Securities
 
(1,646
)
 
34,074

 
(1,320
)
 
18,115

 
(2,966
)
 
52,189

Other investments
 
(469
)
 
9,531

 

 

 
(469
)
 
9,531

Total available-for-sale securities
 
(2,437
)
 
51,174

 
(2,335
)
 
38,238

 
(4,772
)
 
89,412

 
 
 
 
 
 
 
 
 
 
 
 
 
Held-to-Maturity:
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage-backed securities
 
(283
)
 
4,796

 

 

 
(283
)
 
4,796

Total held-to-maturity securities
 
(283
)
 
4,796

 

 

 
(283
)
 
4,796

Total securities
 
$
(2,720
)
 
$
55,970

 
$
(2,335
)
 
$
38,238

 
$
(5,055
)
 
$
94,208

Investments Classified by Contractual Maturity Date [Table Text Block]
The following is a summary of the carrying value (amortized cost) and fair value of securities at June 30, 2014, by remaining period to contractual maturity (ignoring earlier call dates, if any).  Actual maturities may differ from contractual maturities because certain security issuers have the right to call or prepay their obligations.  The table below does not consider the effects of possible prepayments or unscheduled repayments.
$ in thousands
Amortized Cost
 
Fair Value
 
Weighted
Average Yield
Available-for-Sale:
 
 
 
 
 
Less than one year
$
5,533

 
$
5,533

 
0.25
%
One through five years
8,000

 
7,995

 
0.98
%
Five through ten years
24,106

 
23,153

 
1.65
%
After ten years
61,289

 
59,034

 
2.07
%
Total
$
98,928

 
$
95,715

 
1.77
%
 
 
 
 
 
 
Held-to-maturity:
 
 
 
 
 
Five through ten years
$
5,056

 
$
4,924

 
2.37
%
After ten years
3,774

 
4,016

 
3.72
%
Total
$
8,830


$
8,940

 
2.95
%