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SECURITIES (Tables)
6 Months Ended
Jun. 30, 2014
Investments, Debt and Equity Securities [Abstract]  
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
June 30, 2014   Cost   Gains   Losses   Value
                 
Securities available for sale                                
                                 
U.S. agency issued residential mortgage-backed securities   $ 39,249     $ 697     $ 198     $ 39,748  
U.S. agency issued residential collateralized mortgage obligations     33,125       400       400       33,125  
Privately issued residential collateralized mortgage obligations     32       1             33  
Nonrated SBA loan fund     950                   950  
Other equity securities     47                   47  
                                 
Totals   $ 73,403     $ 1,098     $ 598     $ 73,903  
                                 
Securities held to maturity                                
                                 
Obligations of states and political subdivisions   $ 68,404     $ 1,521     $ 287     $ 69,638  
Nonrated trust preferred securities     1,533       32       169       1,396  
Nonrated senior subordinated notes     401       3             404  
                                 
Totals   $ 70,338     $ 1,556     $ 456     $ 71,438  

 

 

        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