Investment Securities (Tables)

6 Months Ended

Jun. 30, 2013

Investment Securities [Abstract]

Amortized costs and fair value of investment securities

	June 30, 2013
	Amortized		Gross Unrealized				Fair
(dollars in thousands)	Cost		Gains		Losses		Value
Available for sale
US Government agencies	$	7,782		-		468		7,314
SBA securities		5,904		-		323		5,581
State and political subdivisions		23,900		424		526		23,798
Mortgage-backed securities		32,841		298		349		32,790
Total investment securities available for sale	$	70,427		722		1,666		69,483
	December 31, 2012
	Amortized		Gross Unrealized				Fair
	Cost		Gains		Losses		Value
Available for sale
US Government agencies	$	7,781		14		10		7,785
SBA securities		6,060		17		5		6,072
State and political subdivisions		24,167		1,130		48		25,249
Mortgage-backed securities		38,428		702		14		39,116
Total investment securities available for sale	$	76,436		1,863		77		78,222

Summary of contractual maturities and yields

	June 30, 2013
	Less than one year					One to five years					Five to ten years					Over ten years					Total
(dollars in thousands)	Amount		Yield			Amount		Yield			Amount		Yield			Amount		Yield			Amount		Yield
Available for sale
US Government agencies	$	-		-			-		-			-		-			7,314		2.42	%		7,314		2.42	%
SBA securities		-		-			-		-			-		-			5,581		1.87	%		5,581		1.87	%
State and political subdivisions		216		2.40	%		3,639		0.60	%		4,803		3.11	%		15,140		2.97	%		23,798		2.63	%
Mortgage-backed securities		-		-			-		-			-		-			32,790		2.04	%		32,790		2.04	%
Total	$	216		2.40	%		3,639		0.60	%		4,803		3.11	%		60,825		2.31	%		69,483		2.27	%

	December 31, 2012
	Less than one year					One to five years					Five to ten years					Over ten years					Total
	Amount		Yield			Amount		Yield			Amount		Yield			Amount		Yield			Amount		Yield
Available for sale
US Government agencies	$	-		-			-		-			--		-			7,785		2.42	%		7,785		2.42	%
SBA securities		-		-			-		-			--		-			6,072		1.89	%		6,072		1.89	%
State and political subdivisions		421		1.43	%		3,671		0.60	%		5,031		3.11	%		16,126		2.96	%		25,249		2.60	%
Mortgage-backed securities		-		-			-		-			-		-			39,116		2.29	%		39,116		2.29	%
Total	$	421		1.43	%		3,671		0.60	%		5,031		3.11	%		69,099		2.42	%		78,222		2.37	%

Summary of gross unrealized losses on investment securities and fair market value of related securities

													June 30, 2013
	Less than 12 months						12 months or longer						Total
(dollars in thousands)		#	Fair value		Unrealized losses			#	Fair value		Unrealized losses			#	Fair value		Unrealized losses
Available for sale
US Government agencies		2	$	7,314	$	468		-	$	-	$	-		2	$	7,314	$	468
SBA securities		2		5,581		323		-		-		-		2		5,581		323
State and political subdivisions		29		11,810		526		-		-		-		29		11,810		526
Mortgage-backed securities		8		16,687		349		-		-		-		8		16,687		349
Total		41	$	41,392	$	1,666		-	$	-	$	-		41	$	41,392	$	1,666
															December 31, 2012
	Less than 12 months						12 months or longer						Total
		#	Fair value		Unrealized losses			#	Fair value		Unrealized losses			#	Fair value		Unrealized losses
Available for sale
US Government agencies		1	$	3,771	$	10		-	$	-	$	-		1	$	3,771	$	10
SBA securities		1		2,015		5		-		-		-		1		2,015		5
State and political subdivisions		16		6,608		48		-		-		-		16		6,608		48
Mortgage-backed securities		2		3,669		14		-		-		-		2		3,669		14
Total		20	$	16,063	$	77		-	$	-	$	-		20	$	16,063	$	77

Summary of other investments

(dollars in thousands)		June 30, 2013	December 31, 2012
Federal Reserve Bank stock	$	-	1,485
Federal Home Loan Bank stock		5,614	5,807
Certificates of deposit with other banks		99	99
Investment in Trust Preferred securities		403	403
Total other investments	$	6,116	7,794