Investment Securities (Tables)

12 Months Ended

Dec. 31, 2012

Investment Securities

Schedule of amortized cost and estimated fair value of securities

	December 31, 2012
	Amortized		Unrealized		Unrealized			Estimated
	Cost		Gain		Loss			Fair Value
	(in thousands)
Investment securities available for sale:
U.S. Treasury	$	147	$	12	$	—		$	159
Municipal bonds	25,401		1,186		(1		)	26,586
Mortgage-backed securities	56,641		1,162		(482		)	57,321
Total securities available for sale	82,189		2,360		(483		)	84,066
FHLB stock	9,228		—		—			9,228
Federal Reserve Bank stock	2,019		—		—			2,019
Total equities held at cost	11,247		—		—			11,247
Total securities	$	93,436	$	2,360	$	(483	)	$	95,313

	December 31, 2011
	Amortized		Unrealized		Unrealized			Estimated
	Cost		Gain		Loss			Fair Value
	(in thousands)
Investment securities available for sale:
U.S. Treasury	$	147	$	15	$	—		$	162
Municipal bonds	23,354		788		(3		)	24,139
Mortgage-backed securities	91,605		634		(895		)	91,344
Total securities available for sale	115,106		1,437		(898		)	115,645
FHLB stock	10,456		—		—			10,456
Federal Reserve Bank stock	2,019		—		—			2,019
Total equities held at cost	12,475		—		—			12,475
Total securities	$	127,581	$	1,437	$	(898	)	$	128,120

Schedule of number, fair value and gross unrealized holding losses of the Company's investment securities by investment category and length of time that the securities have been in a continuous loss position

	December 31, 2012
	Less than 12 months						12 months or Longer						Total
				Gross						Gross						Gross
				Unrealized						Unrealized						Unrealized
		Fair		Holding				Fair		Holding				Fair		Holding
	Number	Value		Losses			Number	Value		Losses			Number	Value		Losses
	(dollars in thousands)
Municipal bonds	1	$	292	$	(1	)	—	$	—	$	—		1	$	292	$	(1	)
Mortgage-backed securities	2	15,128		(152		)	31	1,012		(330		)	33	16,140		(482		)
Total	3	$	15,420	$	(153	)	31	$	1,012	$	(330	)	34	$	16,432	$	(483	)

	December 31, 2011
	Less than 12 months						12 months or Longer						Total
				Gross						Gross						Gross
				Unrealized						Unrealized						Unrealized
		Fair		Holding				Fair		Holding				Fair		Holding
	Number	Value		Losses			Number	Value		Losses			Number	Value		Losses
	(dollars in thousands)
Municipal bonds	1	$	1,175	$	(3	)	—	$	—	$	—		1	$	1,175	$	(3	)
Mortgage-backed securities	18	24,583		(167		)	42	1,443		(728		)	60	26,026		(895		)
Total	19	$	25,758	$	(170	)	42	$	1,443	$	(728	)	61	$	27,201	$	(898	)

Schedule of amortized cost and estimated fair value of investment securities available for sale by contractual maturity

	One Year				More than One				More than Five Years				More than
	or Less				Year to Five Years				to Ten Years				Ten Years				Total
	Amortized		Fair		Amortized		Fair		Amortized		Fair		Amortized		Fair		Amortized		Fair
	Cost		Value		Cost		Value		Cost		Value		Cost		Value		Cost		Value
	(dollars in thousands)
Investment securities available for sale:
U.S. Treasury	$	73	$	73	$	74	$	86	$	—	$	—	$	—	$	—	$	147	$	159
Municipal bonds	—		—		—		—		762		774		24,639		25,812		25,401		26,586
Mortgage-backed securities	—		—		69		73		3,703		3,715		52,869		53,533		56,641		57,321
Total investment securities available for sale	73		73		143		159		4,465		4,489		77,508		79,345		82,189		84,066
Stock:
FHLB	9,228		9,228		—		—		—		—		—		—		9,228		9,228
Federal Reserve Bank	2,019		2,019		—		—		—		—		—		—		2,019		2,019
Total stock	11,247		11,247		—		—		—		—		—		—		11,247		11,247
Total securities	$	11,320	$	11,320	$	143	$	159	$	4,465	$	4,489	$	77,508	$	79,345	$	93,436	$	95,313