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Securities (Tables)
6 Months Ended
Jun. 30, 2013
Securities [Abstract]  
Amortized cost and fair value of available-for-sale securities portfolio

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross

 

Gross

 

 

 

 

 

Amortized

 

Unrealized

 

Unrealized

 

Fair

 

 

Cost

 

Gains

 

Losses

 

Value

June 30, 2013

 

 

 

 

 

 

 

 

 

 

 

 

Corporate debt

 

$

4,394 

 

$

 

$

21 

 

$

4,374 

State and municipal

 

 

1,941 

 

 

 

 

 

 

1,936 

Issued by U.S. government-sponsored entities and agencies:

 

 

 

 

 

 

 

 

 

 

 

 

Mortgage-backed securities - residential

 

 

1,159 

 

 

58 

 

 

-  

 

 

1,217 

Collateralized mortgage obligations

 

 

4,564 

 

 

64 

 

 

-  

 

 

4,628 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

12,058 

 

$

125 

 

$

28 

 

$

12,155 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross

 

Gross

 

 

 

 

 

Amortized

 

Unrealized

 

Unrealized

 

Fair

 

 

Cost

 

Gains

 

Losses

 

Value

December 31, 2012

 

 

 

 

 

 

 

 

 

 

 

 

Corporate debt

 

$

4,429 

 

$

-  

 

$

64 

 

$

4,365 

State and municipal

 

 

2,006 

 

 

-  

 

 

20 

 

 

1,986 

Issued by U.S. government-sponsored entities and agencies:

 

 

 

 

 

 

 

 

 

 

 

 

Mortgage-backed securities - residential

 

 

1,399 

 

 

87 

 

 

-  

 

 

1,486 

Collateralized mortgage obligations

 

 

9,698 

 

 

117 

 

 

13 

 

 

9,802 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

17,532 

 

$

204 

 

$

97 

 

$

17,639 

 

Proceeds From The Sales Of Securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

 

Six months ended

 

 

June 30,

 

 

June 30,

 

2013

 

2012

 

2013

 

2012

Proceeds

$

 -

 

$

2,144 

 

$

 -

 

$

2,144 

Gross gains

 

 -

 

 

143 

 

 

 -

 

 

143 

Gross losses

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 

 

 

 

 

 

 

 

 

 

Tax effect-expense

$

 -

 

$

 -

 

$

 -

 

$

 -

 

Securities classified by maturity date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2013

 

 

December 31, 2012

 

 

 

Amortized

 

 

Fair

 

 

Amortized

 

 

Fair

 

 

 

Cost

 

Value

 

 

Cost

 

 

Value

Due in one year or less

 

$

-  

 

$

-  

 

$

50 

 

$

50 

Due from one to five years

 

 

6,336 

 

 

6,310 

 

 

6,385 

 

 

6,301 

Mortgage-backed securities

 

 

1,159 

 

 

1,217 

 

 

1,399 

 

 

1,486 

Collateralized mortgage obligations

 

 

4,564 

 

 

4,628 

 

 

9,698 

 

 

9,802 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Total

 

$

12,059 

 

$

12,155 

 

$

17,532 

 

$

17,639 

 

Fair value of securities pledged

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30,

 

December 31,

 

2013

 

2012

Pledged as collateral for:

 

 

 

 

 

FHLB advances

$

3,324 

 

$

4,707 

Public deposits

 

1,713 

 

 

2,199 

Interest-rate swaps

 

787 

 

 

1,511 

Total

$

5,824 

 

$

8,417 

 

Securities with unrealized losses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 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

 

$

3,873 

 

$

22 

 

$

-  

 

$

-  

 

$

3,873 

 

$

22 

State and municipal

 

 

909 

 

 

 

 

-  

 

 

-  

 

 

909 

 

 

Issued by U.S. government-sponsored entities and agencies:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Collateralized mortgage obligations

 

 

-  

 

 

-  

 

 

-  

 

 

-  

 

 

-  

 

 

-  

Total temporarily impaired

 

$

4,782 

 

$

29 

 

$

-  

 

$

-  

 

$

4,782 

 

$

29