INVESTMENT SECURITIES (Details Narrative) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 31, 2012
Investment securities available for sale, at fair value	$ 60,401	$ 60,811
Number of investment positions	14	12
Pledged to Federal Reserve Bank
Funds pledged for public deposits	1,100	1,100
Pledged to Public Housing
Funds pledged for public deposits	4,500	4,900
Pledged to NC State Treasurer
Funds pledged for public deposits	$ 13,100	$ 2,600

Amount of investment in debt and equity securities categorized neither as held-to-maturity nor trading.

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+ Details

- Definition

The carrying amount as of the date of the latest financial statement presented of securities which are owned but transferred to serve as collateral for FHLB debt obligations, and for which the transferee does not have the right by contract or custom to sell or re-pledge them to an unrelated party.

+ References+ Details