Investment Securities (Tables)

6 Months Ended

Jun. 30, 2015

Investment Securities [Abstract]

Amortized costs and fair value of investment securities

	June 30, 2015
	Amortized		Gross Unrealized		Fair
(dollars in thousands)	Cost		Gains	Losses	Value
Available for sale
US government agencies	$	9,133	18	307	8,844
SBA securities		5,072	-	169	4,903
State and political subdivisions		16,148	325	127	16,346
Mortgage-backed securities		21,281	250	159	21,372
Total investment securities available for sale	$	51,634	593	762	51,465
	December 31, 2014
	Amortized		Gross Unrealized		Fair
	Cost		Gains	Losses	Value
Available for sale
US government agencies	$	8,763	9	215	8,557
SBA securities		5,336	-	182	5,154
State and political subdivisions		16,253	598	51	16,800
Mortgage-backed securities		24,214	341	42	24,513
Total investment securities available for sale	$	54,566	948	490	55,024

Summary of contractual maturities and yields

	June 30, 2015
	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		$	-	-	-	-	1,316	2.19%	7,528	2.42%	8,844	2.39%
SBA securities			-	-	-	-	-	-	4,903	1.88%	4,903	1.88%
State and political subdivisions			2,063	0.84%	-	-	7,529	3.07%	6,754	2.92%	16,346	2.72%
Mortgage-backed securities			-	-	-	-	1,155	1.77%	20,217	2.12%	21,372	2.10%
Total		$	2,063	0.84%	-	-	10,000	2.79%	39,402	2.28%	51,465	2.32%

	December 31, 2014
	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	$	-	-	988	2.12%	-	-	7,569	2.43%	8,557	2.39%
SBA securities		-	-	-	-	-	-	5,154	1.88%	5,154	1.88%
State and political subdivisions		2,082	0.68%	399	3.14%	8,465	3.23%	5,854	3.00%	16,800	2.82%
Mortgage-backed securities		-	-	-	-	2,118	1.66%	22,395	2.62%	24,513	2.54%
Total	$	2,082	0.68%	1,387	2.41%	10,583	2.91%	40,972	2.54%	55,024	2.54%

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

	June 30, 2015
	Less than 12 months					12 months or longer					Total
		Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
(dollars in thousands)	#	value		losses		#	value		losses		#	value		losses
Available for sale
US government agencies	3	$	8,826	$	307	-	$	-	$	-	3	$	8,826	$	307
SBA securities	-		-		-	2		4,903		169	2		4,903		169
State and political subdivisions	6		2,422		69	4		2,226		58	10		4,648		127
Mortgage-backed securities	8		11,592		159	-		-		-	8		11,592		159
Total	17	$	22,840	$	535	6	$	7,129	$	227	23	$	29,969	$	762
	December 31, 2014
	Less than 12 months						12 months or longer					Total
		Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
	#	value		losses		#	value		losses		#	value		losses
Available for sale
US government agencies	-	$	-	$	-	2	$	7,569	$	215	2	$	7,569	$	215
SBA securities	-		-		-	2		5,154		182	2		5,154		182
State and political subdivisions	-		-		-	7		3,488		51	7		3,488		51
Mortgage-backed securities	3		4,407		11	2		4,756		31	5		9,163		42
Total	3	$	4,407	$	11	13	$	20,967	$	479	16	$	25,374	$	490

Summary of other investments

(dollars in thousands)	June 30, 2015		December 31, 2014
Federal Home Loan Bank stock	$	5,005	6,020
Investment in Trust Preferred securities		403	403
Other investments		124	99
Total other investments	$	5,532	6,522