SECURITIES (Tables)

3 Months Ended

Mar. 31, 2014

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, 2014	Cost		Gains		Losses		Value
Securities available for sale
U.S. Treasury securities and obligations of U.S. government corporations and agencies	$	1,000	$	—	$	3	$	997
U.S. agency issued residential mortgage-backed securities		35,762		480		432		35,810
U.S. agency issued residential collateralized mortgage obligations		35,590		428		432		35,586
Privately issued residential collateralized mortgage obligations		37		1				38
Nonrated SBA loan fund		950		—		—		950
Other equity securities		47		—		—		47
Totals	$	73,386	$	909	$	867	$	73,428
Securities held to maturity
Obligations of states and political subdivisions	$	68,937	$	1,341	$	505	$	69,773
Nonrated trust preferred securities		1,529		35		167		1,397
Nonrated senior subordinated notes		401		3				404
Totals	$	70,867	$	1,379	$	672	$	71,574

			Gross		Gross		Estimated
	Amortized		Unrealized		Unrealized		Fair
December 31, 2013	Cost		Gains		Losses		Value
Securities available for sale
U.S. Treasury securities and obligations of U.S. government corporations and agencies	$	1,001	$	—	$	2	$	999
U.S. agency issued residential mortgage-backed securities		21,388		522		424		21,486
U.S. agency issued residential collateralized mortgage obligations		37,998		482		576		37,904
Privately issued residential collateralized mortgage obligations		102		3		—		105
Obligations of states and political subdivisions		159		—		—		159
Nonrated SBA loan fund		950		—		—		950
Other equity securities		47		—		—		47
Totals	$	61,645	$	1,007	$	1,002	$	61,650
Securities held to maturity
Obligations of states and political subdivisions	$	69,704	$	1,059	$	887	$	69,876
Nonrated trust preferred securities		1,524		30		165		1,389
Nonrated senior subordinated notes		401		6		—		407
Totals	$	71,629	$	1,095	$	1,052	$	71,672