Securities (Tables)

6 Months Ended

Jun. 30, 2012

Carrying Amount of Securities and Approximate Fair Values

The carrying amount of securities and their approximate fair values follow:

June 30, 2012 (In thousands)	Amortized Cost		Unrealized Gains		Unrealized Losses		Fair Value
Available for sale
Government sponsored enterprises	$	5,943	$	27	$	23	$	5,947
State and municipal securities		6,891		384		—		7,275
Mortgage-backed securities		66,265		1,068		105		67,228
Other securities		2,219		—		117		2,102
	$	81,318	$	1,479	$	245	$	82,552
Held to maturity
State and municipal securities	$	12,801	$	676	$	—	$	13,477
Mortgage-backed securities		23		—		—		23
	$	12,824	$	676	$	—	$	13,500
December 31, 2011 (In thousands)
Available for sale
Government sponsored enterprises	$	1,933	$	21	$	2	$	1,952
State and municipal securities		5,226		267		—		5,493
Mortgage-backed securities		46,293		755		120		46,928
Other securities		2,957		18		243		2,732
	$	56,409	$	1,061	$	365	$	57,105
Held to maturity
State and municipal securities	$	12,925	$	712	$	—	$	13,637
Mortgage-backed securities		25		—		—		25
	$	12,950	$	712	$	—	$	13,662

Schedule of Gross Realized Gains and Losses

Gross realized gains and losses for the three-month and six-month periods ended June 30, 2012 and 2011:

	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
(In thousands)
Realized gains, available for sale securities	$	10	$	43	$	26	$	43
Realized gains, held to maturity securities		—		—		—		—
	$	10	$	43	$	26	$	43

Maturities of Debt Securities Available for Sale and Held to Maturity

The scheduled maturities of debt securities available for sale and held to maturity at June 30, 2012 were as follows:

	Available for Sale				Held to Maturity
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
(In thousands)
Due in one year or less	$	415	$	419	$	1,235	$	1,255
Due after one year through five years		1,719		1,704		4,155		4,292
Due after five years through ten years		5,361		5,629		2,827		3,037
Due after ten years		73,823		74,800		4,607		4,916
	$	81,318	$	82,552	$	12,824	$	13,500

Unrealized Losses and Related Fair Values in Securities Portfolios

This information is aggregated by investment category and by the length of time that individual securities have been in a continuous unrealized loss position at June 30, 2012 and December 31, 2011, respectively.

	Less Than 12 Months				12 Months or More				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
June 30, 2012 (In thousands)	Value		Losses		Value		Losses		Value		Losses
Government sponsored enterprises	$	1,977	$	23	$	—	$	—	$	1,977	$	23
State and municipal securities		—		—		—		—		—		—
Mortgage-backed securities		9,943		68		3,052		36		12,995		104
Other Securities		—		—		1,392		118		1,392		118
Total temporarily impaired securities	$	11,920	$	91	$	4,444	$	154	$	16,364	$	245
	Less Than 12 Months				12 Months or More				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
December 31, 2011 (In thousands)	Value		Losses		Value		Losses		Value		Losses
Government sponsored enterprises	$	948	$	2	$	—	$	—	$	948	$	2
State and municipal securities		275		—		—		—		275		—
Mortgage-backed securities		9,936		47		4,652		73		14,588		120
Other Securities		866		151		908		92		1,774		243
Total temporarily impaired securities	$	12,025	$	200	$	5,560	$	165	$	17,585	$	365