Securities (Tables)

9 Months Ended

Sep. 30, 2014

Amortized cost and fair value of available-for-sale securities portfolio


			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
September 30, 2014
Corporate debt	$	4,308	$	14	$	1	$	4,321
State and municipal		1,902		1		19		1,884
Issued by U.S. government-sponsored entities and agencies:
Mortgage-backed securities - residential		728		40		-		768
Collateralized mortgage obligations		1,138		32		-		1,170
Total	$	8,076	$	87	$	20	$	8,143


			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
December 31, 2013
Corporate debt	$	4,360	$	11	$	8	$	4,363
State and municipal		1,926		-		7		1,919
Issued by U.S. government-sponsored entities and agencies:								-
Mortgage-backed securities - residential		934		49		-		983
Collateralized mortgage obligations		2,354		53		-		2,407
Total	$	9,574	$	113	$	15	$	9,672

Securities classified by maturity date



		September 30, 2014				December 31, 2013
		Amortized		Fair		Amortized		Fair
		Cost		Value		Cost		Value
Due in one year or less	$	4,272	$	4,280	$	2,386	$	2,379
Due from one to five years		1,938		1,925		3,900		3,903
Mortgage-backed securities		728		768		934		983
Collateralized mortgage obligations		1,138		1,170		2,354		2,407
Total	$	8,076	$	8,143	$	9,574	$	9,672

Fair value of securities pledged


	September 30,		December 31,
	2014		2013
Pledged as collateral for:
FHLB advances	$	1,384	$	2,024
Public deposits		2,057		905
Interest-rate swaps		365		443
Total	$	3,806	$	3,372

Securities with unrealized losses



September 30, 2014	Less than 12 Months				12 Months or More				Total
Description of Securities	Fair Value		Unrealized Loss		Fair Value		Unrealized Loss		Fair Value		Unrealized Loss
Corporate debt	$	232	$	1	$	-	$	-	$	232	$	1
State and municipal		-		-		881		19		881		19
Total temporarily impaired	$	232	$	1	$	881	$	19	$	1,113	$	20




December 31, 2013	Less than 12 Months				12 Months or More				Total
Description of Securities	Fair Value		Unrealized Loss		Fair Value		Unrealized Loss		Fair Value		Unrealized Loss
Corporate debt	$	239	$	1	$	1,002	$	7	$	1,241	$	8
State and municipal		1,015		1		904		6		1,919		7
Total temporarily impaired	$	1,254	$	2	$	1,906	$	13	$	3,160	$	15

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

+ References+ Details