Investment Securities (Tables)

6 Months Ended

Jun. 30, 2012

Investment Securities [Abstract]

Summary of the securities portfolio by major classification

	June 30, 2012
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
	(Dollars in thousands)
Securities available-for-sale:
Obligations of states and political subdivisions	$	36,655	$	1,181	$	(57	)	$	37,779
Mortgage-backed securities		131,169		1,831		(201	)		132,799
SBA-backed securities		137,445		2,270		(113	)		139,602
Corporate bonds		41,002		337		(740	)		40,599
	$	346,271	$	5,619	$	(1,111	)	$	350,779

	December 31, 2011
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
	(Dollars in thousands)
Securities available-for-sale:
Government-sponsored enterprises and FFCB bonds	$	1,003	$	29	$	—		$	1,032
Obligations of states and political subdivisions		27,855		863		—			28,718
Mortgage-backed securities		130,949		1,460		(117	)		132,292
SBA-backed securities		146,195		774		(332	)		146,637
Corporate bonds		32,683		88		(2,000	)		30,771
	$	338,685	$	3,214	$	(2,449	)	$	339,450

Gross realized gains and losses on sales of securities

	Six months ended June 30,     (Dollars in thousands)
	2012			2011
Gross realized gains	$	433		$	971
Gross realized losses		(109	)		(87	)
Net realized gains	$	324		$	884

	Three months ended June 30, (Dollars in thousands)
	2012			2011
Gross realized gains	$	362		$	945
Gross realized losses		(83	)		(87	)
Net realized gains	$	279		$	858

Fair value of investments with unrealized losses

	June 30, 2012
	Less Than 12 Months				12 Months or longer				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
	(Dollars in thousands)
Obligations of states and political subdivisions	$	5,032	$	57	$	—	$	—	$	5,032	$	57
Mortgage-backed securities		20,968		201		—		—		20,968		201
SBA-backed securities		19,996		113		—		—		19,996		113
Corporate bonds		15,356		252		8,173		488		23,529		740
Total	$	61,352	$	623	$	8,173	$	488	$	69,525	$	1,111

	December 31, 2011
	Less Than 12 Months				12 Months or longer				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
	(Dollars in thousands)
Mortgage-backed securities	$	25,011	$	81	$	2,880	$	36	$	27,891	$	117
SBA-backed securities		62,543		332		—		—		62,543		332
Corporate bonds		11,824		485		13,755		1,515		25,579		2,000
Total	$	99,378	$	898	$	16,635	$	1,551	$	116,013	$	2,449

Aggregate amortized cost and fair value of the available-for-sale securities portfolio by remaining contractual maturity

	Amortized Cost		Fair Value
	(Dollars in thousands)
Obligations of states and political subdivisions:
Due in one through five years	$	1,605		1,704
Due in five through ten years		20,196		20,930
Due after ten years		14,854		15,145
Mortgage-backed securities:
Due in one through five years		1,044		1,044
Due in five through ten years		27,230		27,488
Due after ten years		102,896		104,267
SBA-backed securities:
Due in five through ten years		5,190		5,224
Due after ten years		132,255		134,378
Corporate bonds:
Due in one through five years		23,326		23,271
Due in five through ten years		17,675		17,328
Total securities	$	346,271	$	350,779

	Amortized Cost		Fair Value
	(Dollars in thousands)
Government-sponsored enterprises and FFCB bonds:
Due in one through five years	$	3	$	28
Due in five through ten years		1,000		1,004
Obligations of states and political subdivisions:
Due in one year or less		250		252
Due in one through five years		961		1,033
Due in five through ten years		11,768		12,083
Due after ten years		14,876		15,350
Mortgage-backed securities:
Due in five through ten years		7,415		7,490
Due after ten years		123,534		124,802
SBA-backed securities:
Due in five through ten years		2,967		3,007
Due after ten years		143,228		143,630
Corporate bonds:
Due in one year through five years		13,338		13,081
Due in five through ten years		19,345		17,690
Total securities	$	338,685	$	339,450