Investment Securities (Tables)

3 Months Ended

Mar. 31, 2014

Investment Securities [Abstract]

Amortized costs and fair value of investment securities

	March 31, 2014
	Amortized	Gross Unrealized		Fair
(dollars in thousands)	Cost	Gains	Losses	Value
Available for sale
US government agencies	$  8,758	2	714	8,046
SBA securities	5,757	-	429	5,328
State and political subdivisions	23,589	510	283	23,816
Mortgage-backed securities	31,520	358	321	31,557
Total investment securities available for sale	$69,624	870	1,747	68,747
	December 31, 2013
	Amortized	Gross Unrealized		Fair
	Cost	Gains	Losses	Value
Available for sale
US government agencies	$  8,756	-	1,001	7,755
SBA securities	5,758	-	487	5,271
State and political subdivisions	23,622	331	583	23,370
Mortgage-backed securities	31,347	246	549	31,044
Total investment securities available for sale	$69,483	577	2,620	67,440

Summary of contractual maturities and yields

								March 31, 2014
	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	$	-	-	-	-	977	2.13%	7,069	2.43%	8,046	2.40%
SBA securities	-		-	-	-	-	-	5,328	1.87%	5,328	1.87%
State and political subdivisions	1,502		0.51%	2,108	0.68%	9,556	3.22%	10,650	2.82%	23,816	2.64%
Mortgage-backed securities	-		-	-	-	2,514	1.88%	29,043	2.84%	31,557	2.77%
Total	$	1,502	0.51%	2,108	0.68%	13,047	2.87%	52,090	2.67%	68,747	2.60%
								December 31, 2013
	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	$	-	-	-	-	956	2.13%	6,799	2.43%	7,755	2.40%
SBA securities	-		-	-	-	-	-	5,271	1.88%	5,271	1.88%
State and political subdivisions	1,507		0.51%	2,114	0.67%	7,398	3.22%	12,351	2.88%	23,370	2.63%
Mortgage-backed securities	-		-	-	-	2,072	1.77%	28,972	2.69%	31,044	2.62%
Total	$	1,507	0.51%	2,114	0.67%	10,426	2.82%	53,393	2.61%	67,440	2.54%

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

							March 31, 2014
	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	1	$  3,618	$  382	1	$3,451	$ 332	2	$   7,069	$  714
SBA securities	-	-	-	2	5,328	429	2	5,328	429
State and political subdivisions	10	4,214	143	7	3,173	140	17	7,387	283
Mortgage-backed securities	7	10,914	299	1	1,480	22	8	12,394	321
Total	18	$18,746	$824	11	$ 13,432	$  923	29	$32,178	$1,747
								December 31, 2013
	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	3	$  7,755	$  1,001	-	$     -	$     -	3	$  7,755	$  1,001
SBA securities	-	-	-	2	5,271	487	2	5,271	487
State and political subdivisions	22	8,482	364	9	3,705	219	31	12,187	583
Mortgage-backed securities	10	16,146	549	-	-	-	10	16,146	549
Total	35	$32,383	$  1,914	11	$ 8,976	$    706	46	$41,359	$  2,620

Summary of other investments

(dollars in thousands)	March 31, 2014	December 31, 2013
Federal Home Loan Bank stock	$  5,458	5,614
Certificates of deposit with other banks	99	99
Investment in Trust Preferred securities	403	403
Total other investments	$5,960	6,116