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Investment Securities (Tables)
3 Months Ended
Mar. 31, 2014
Investment Securities [Abstract]  
Unrealized Gain (Loss) on Investments [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

Amortized

 

Unrealized

 

Unrealized

 

Fair

 

Cost

 

Gains

 

Losses

 

Value

March 31, 2014

 

 

 

 

 

 

 

 

 

 

 

Available for sale securities:

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury and U.S. government agencies

$

12,058 

 

$

528 

 

$

15 

 

$

12,571 

Mortgage-backed U.S. government agencies

 

36,003 

 

 

390 

 

 

276 

 

 

36,117 

State and political subdivision obligations

 

71,319 

 

 

1,187 

 

 

1,336 

 

 

71,170 

Equity securities

 

1,550 

 

 

30 

 

 

29 

 

 

1,551 

 

$

120,930 

 

$

2,135 

 

$

1,656 

 

$

121,409 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

Amortized

 

Unrealized

 

Unrealized

 

Fair

 

Cost

 

Gains

 

Losses

 

Value

December 31, 2013

 

 

 

 

 

 

 

 

 

 

 

Available for sale securities:

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury and U.S. government agencies

$

12,134 

 

$

700 

 

$

 -

 

$

12,834 

Mortgage-backed U.S. government agencies

 

39,481 

 

 

349 

 

 

438 

 

 

39,392 

State and political subdivision obligations

 

70,770 

 

 

744 

 

 

2,476 

 

 

69,038 

Equity securities

 

1,550 

 

 

20 

 

 

31 

 

 

1,539 

 

$

123,935 

 

$

1,813 

 

$

2,945 

 

$

122,803 

 

Schedule of Fair Value and Unrealized Loss on Investments in a Continuous Unrealized Loss Position [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

 

 

Less Than 12 Months

 

12 Months or More

 

Total

March 31, 2014

Number of

 

Fair

 

Unrealized

 

Fair

 

Unrealized

 

Fair

 

Unrealized

 

Securities

 

Value

 

Losses

 

Value

 

Losses

 

Value

 

Losses

Available for sale securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury and U.S. government agencies

4

 

$

4,515 

 

$

15 

 

$

 -

 

$

 -

 

$

4,515 

 

$

15 

Mortgage-backed U.S. government agencies

18

 

 

5,757 

 

 

45 

 

 

8,908 

 

 

231 

 

 

14,665 

 

 

276 

State and political subdivision obligations

62

 

 

22,301 

 

 

693 

 

 

9,349 

 

 

643 

 

 

31,650 

 

 

1,336 

Equity securities

1

 

 

 -

 

 

 -

 

 

550 

 

 

29 

 

 

550 

 

 

29 

Total temporarily impaired

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    available for sale securities

85

 

$

32,573 

 

$

753 

 

$

18,807 

 

$

903 

 

$

51,380 

 

$

1,656 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

 

 

Less Than 12 Months

 

12 Months or More

 

Total

December 31, 2013

Number of

 

Fair

 

Unrealized

 

Fair

 

Unrealized

 

Fair

 

Unrealized

 

Securities

 

Value

 

Losses

 

Value

 

Losses

 

Value

 

Losses

Available for sale securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mortgage-backed U.S. government agencies

29

 

$

9,799 

 

$

182 

 

$

9,866 

 

$

256 

 

$

19,665 

 

$

438 

State and political subdivision obligations

90

 

 

39,611 

 

 

2,150 

 

 

4,288 

 

 

326 

 

 

43,899 

 

 

2,476 

Equity securities

1

 

 

 -

 

 

 -

 

 

550 

 

 

31 

 

 

550 

 

 

31 

Total temporarily impaired

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    available for sale securities

120

 

$

49,410 

 

$

2,332 

 

$

14,704 

 

$

613 

 

$

64,114 

 

$

2,945 

 

Investments Classified by Contractual Maturity Date [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

March 31, 2014

 

Amortized

 

Fair

 

Cost

 

Value

Due in 1 year or less

$

1,251 

 

$

1,298 

Due after 1 year but within 5 years

 

12,055 

 

 

12,733 

Due after 5 years but within 10 years

 

32,744 

 

 

32,914 

Due after 10 years

 

37,327 

 

 

36,796 

 

 

83,377 

 

 

83,741 

Mortgage-backed securities

 

36,003 

 

 

36,117 

Equity securities

 

1,550 

 

 

1,551 

 

$

120,930 

 

$

121,409