Securities (Tables)

9 Months Ended

Sep. 30, 2012

Securities [Abstract]

Unrealized Gain (Loss) on Investments [Table Text Block]

Amortized cost and fair value at September 30, 2012, and December 31, 2011, were as follows:

Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair
Value

In thousands

Securities Available for Sale
September 30, 2012
U.S. Government and agencies	$              24,257	$               1,090	$                     –	$             25,347
Mortgage-backed securities	84,532	5,810	–	90,342
State and municipal	48,759	2,211	20	50,950
Corporate bonds	7,012	343	–	7,355
CRA mutual fund	1,044	58	–	1,102
Stock in other banks	627	166	–	793
	$           166,231	$               9,678	$                   20	$           175,889

December 31, 2011
U.S. Government and agencies	$                 39,237	$                  932		$                     –		$              40,169
Mortgage-backed securities	102,059	5,473		5		107,527
State and municipal	44,072	2,250		5		46,317
Corporate bonds	13,105	304		30		13,379
CRA mutual fund	1,044	37		–		1,081
Stock in other banks	627	127		–		754
	$            200,144		$                9,123		$                   40	$            209,227

Securities Held to Maturity
September 30, 2012
U.S. Government and agencies	$             29,130	$                  581	$                     –	$             29,711
Mortgage-backed securities	18,886	374	–	19,260
	$             48,016	$                  955	$                    –	48,971
December 31, 2011
U.S. Government and agencies	$             10,032	$                  648	$                     –	$             10,680

Schedule of Unrealized Loss on Investments [Table Text Block]

Less than 12 Months		12 Months or More		Total
	Fair Value	Unrealized Losses	Fair Value	Unrealized Losses	Fair Value	Unrealized Losses

In thousands

Securities Available for Sale
September 30, 2012
State and municipal	$         3,679	$              20	$                –	$                –	$         3,679	$              20

December 31, 2011
Mortgage-backed securities	$         1,968	$                5	$                –	$                –	$         1,968	$                5
State and municipal	1,251	5	–	–	1,251	5
Corporate bonds	–	–	970	30	970	30
	$         3,219	$              10	$             970	$               30	$         4,189	$              40

Investments Classified by Contractual Maturity Date [Table Text Block]

Available for Sale		Held to Maturity
Amortized Cost	Fair Value	Amortized Cost	Fair Value

In thousands

1 year or less	$           1,004	$            1,013	$               –	$                 –
Over 1 year through 5 years	32,521	34,389	10,022	10,524
Over 5 years through 10 years	41,497	42,955	19,108	19,187
Over 10 years	5,006	5,295	–	–
Mortgage-backed securities	84,532	90,342	18,886	19,260
CRA mutual fund	1,044	1,102	–	–
Stock in other banks	627	793	–	–

 $       166,231 $        175,889 $      48,016 $        48,971