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Securities (Tables)
6 Months Ended
Jun. 30, 2013
Available-for-sale Securities [Abstract]  
Amortized Costs And Fair Values Of Securities Available For Sale
Amortized costs and fair values of securities available for sale at June 30, 2013 and December 31, 2012 were as follows:
 
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
(Losses)
 
Fair
Value
 
June 30, 2013
 
(in thousands)
Obligations of U.S. government corporations and agencies
$
35,485

 
$
555

 
$
(906
)
 
$
35,134

Mortgage-backed securities
17,855

 
556

 
(113
)
 
18,298

Obligations of states and political subdivisions
41,652

 
1,128

 
(324
)
 
42,456

Corporate securities
8,474

 
981

 

 
9,455

Equity securities
1,044

 
116

 

 
1,160

 
$
104,510

 
$
3,336

 
$
(1,343
)
 
$
106,503

 
December 31, 2012
 
(in thousands)
Obligations of U.S. government corporations and agencies
$
22,781

 
$
911

 
$

 
$
23,692

Mortgage-backed securities
20,978

 
1,229

 

 
22,207

Obligations of states and political subdivisions
41,185

 
2,327

 
(11
)
 
43,501

Corporate securities
9,963

 
1,193

 

 
11,156

Equity securities
2,054

 
144

 

 
2,198

 
$
96,961

 
$
5,804

 
$
(11
)
 
$
102,754

Fair Value And Gross Unrealized Losses For Securities Available For Sale
The fair value and gross unrealized losses for securities available for sale, totaled by the length of time that individual securities have been in a continuous gross unrealized loss position, at June 30, 2013 and December 31, 2012 were as follows:
 
 
Less than 12 months
 
12 months or more
 
Total
 
Fair Value
 
Gross
Unrealized
Losses
 
Fair Value
 
Gross
Unrealized
Losses
 
Fair Value
 
Gross
Unrealized
Losses
 
June 30, 2013
 
(in thousands)
Obligations of U.S. government corporations and agencies
$
22,962

 
$
906

 
$

 
$

 
$
22,962

 
$
906

Mortgage-backed securities
3,066

 
113

 

 

 
3,066

 
113

Obligations of states and political subdivisions
8,394

 
324

 

 

 
8,394

 
324

Corporate securities

 

 

 

 

 

Equity securities

 

 

 

 

 

 
$
34,422

 
$
1,343

 
$

 
$

 
$
34,422

 
$
1,343

 
December 31, 2012
 
(in thousands)
Obligations of U.S. government corporations and agencies
$

 
$

 
$

 
$

 
$

 
$

Mortgage-backed securities

 

 

 

 

 

Obligations of states and political subdivisions
495

 
6

 
274

 
5

 
769

 
11

Corporate securities

 

 

 

 

 

Equity securities

 

 

 

 

 

 
$
495

 
$
6

 
$
274

 
$
5

 
$
769

 
$
11

Restricted Investments
The composition of restricted investments at June 30, 2013 and December 31, 2012 was as follows:
 
 
June 30, 2013
 
December 31, 2012
 
(in thousands)
Federal Reserve Bank Stock
$
344

 
$
344

Federal Home Loan Bank Stock
2,158

 
2,293

Community Bankers’ Bank Stock
140

 
140

 
$
2,642

 
$
2,777