Securities (Tables)

9 Months Ended

Sep. 30, 2013

Investments, Debt and Equity Securities [Abstract]

Unrealized gains and losses recognized in accumulated other comprehensive income (loss)

he fair value of securities and the related gross unrealized gains and losses recognized in accumulated other comprehensive income are shown below.

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
September 30, 2013
Certificates of deposit	$	34,533	$	—	$	—		$	34,533
Municipal securities	350		9		—			359
Equity mutual fund	500		5		—			505
Mortgage-backed securities - residential	28,864		1,273		(111		)	30,026
Collateralized mortgage obligations - residential	17,983		38		(72		)	17,949
SBA-guaranteed loan participation certificates	37		—		—			37
	$	82,267	$	1,325	$	(183	)	$	83,409
December 31, 2012
Certificates of deposit	$	33,456	$	—	$	—		$	33,456
Municipal securities	350		19		—			369
Equity mutual fund	500		28		—			528
Mortgage-backed securities - residential	32,572		1,661		—			34,233
Collateralized mortgage obligations - residential	9,111		95		(2		)	9,204
SBA-guaranteed loan participation certificates	42		—		—			42
	$	76,031	$	1,803	$	(2	)	$	77,832

Amortized cost and fair values of securities

The amortized cost and fair values of securities by contractual maturity are shown below. Securities not due at a single maturity date are shown separately. Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.

	September 30, 2013
	Amortized Cost		Fair Value
Due in one year or less	$	34,703	$	34,704
Due after one year through five years	180		188
	34,883		34,892
Equity mutual fund	500		505
Mortgage-backed securities - residential	28,864		30,026
Collateralized mortgage obligations - residential	17,983		17,949
SBA-guaranteed loan participation certificates	37		37
	$	82,267	$	83,409

Securities with unrealized losses

Securities with unrealized losses not recognized in income are as follows:

	Less than 12 Months					12 Months or More					Total
	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
September 30, 2013
Mortgage-backed securities - residential	$	3,004	$	(111	)	$	—	$	—		$	3,004	$	(111	)
Collateralized mortgage obligations - residential	11,881		(72		)	—		—			11,881		(72		)
	$	14,885	$	(183	)	$	—	$	—		$	14,885	$	(183	)
December 31, 2012
Collateralized mortgage obligations - residential	$	—	$	—		$	1,956	$	(2	)	$	1,956	$	(2	)