SECURITIES (Tables)

9 Months Ended

Sep. 30, 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
September 30, 2013	Cost		Gains		Losses		Value
Securities available for sale
U.S. Treasury securities and obligations of U.S. government corporations and agencies	$	1,003		—	$	9	$	994
U.S. agency issued residential mortgage-backed securities		20,084		541		394		20,231
U.S. agency issued residential collateralized mortgage obligations		38,785		575		416		38,944
Privately issued residential collateralized mortgage obligations		111		3		—		114
Nonrated SBA loan fund		950		—		—		950
Other equity securities		47		—		—		47
Totals	$	60,980	$	1,119	$	819	$	61,280
Securities held to maturity
Obligations of states and political subdivisions	$	69,851	$	1,077	$	811	$	70,117
Nonrated trust preferred securities		1,520		33		163		1,390
Nonrated senior subordinated notes		401		6		—		407
Totals	$	71,772	$	1,116	$	974	$	71,914

			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
Obligations of states and political subdivisions		—		—		—		—
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