SECURITIES (Tables)

3 Months Ended

Mar. 31, 2013

Securities Tables

Schedule of amortized cost and estimated fair value of investment securities

The amortized cost and estimated fair value of investment securities are as follows:

			Gross		Gross		Estimated
	Amortized		Unrealized		Unrealized		Fair
March 31, 2013	Cost		Gains		Losses		Value
Securities available for sale
U.S. Treasury securities and obligations of U.S. government corporations and agencies	$	6,997	$	17	$	—	$	7,014
U.S. agency issued residential mortgage-backed securities		15,140		736		38		15,838
U.S. agency issued residential collateralized mortgage obligations		42,938		708		68		43,578
Privately issued residential collateralized mortgage obligations		145		5		—		150
Nonrated commercial paper		1,500		—		—		1,500
Nonrated SBA Loan Fund		950		—		—		950
Other equity securities		47		—		—		47
Totals	$	67,717	$	1,466	$	106	$	69,077
Securities held to maturity
Obligations of states and political subdivisions	$	69,576	$	2,495	$	105	$	71,966
Nonrated trust preferred securities		1,510		46		168		1,388
Nonrated senior subordinated notes		402		5		—		407
Totals	$	71,488	$	2,546	$	273	$	73,761

			Gross		Gross		Estimated
	Amortized		Unrealized		Unrealized		Fair
December 31, 2012	Cost		Gains		Losses		Value
Securities available for sale
U.S. Treasury securities and obligations of U.S. government corporations and agencies	$	9,998	$	29	$	—	$	10,027
U.S. agency issued residential mortgage-backed securities		13,550		847		—		14,397
U.S. agency issued residential collateralized mortgage obligations		44,544		749		50		45,243
Privately issued residential collateralized mortgage obligations		168		5		—		173
Nonrated commercial paper		5,500		—		—		5,500
Other equity securities		47		—		—		47
Totals	$	73,807	$	1,630	$	50	$	75,387
Securities held to maturity
Obligations of states and political subdivisions	$	67,915	$	2,581	$	41	$	70,455
Nonrated trust preferred securities		1,505		60		66		1,499
Nonrated senior subordinated notes		402		8		—		410
Totals	$	69,822	$	2,649	$	107	$	72,364