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Securities (Tables) | 9 Months Ended
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Sep. 30, 2014
Investments Debt And Equity Securities [Abstract] |
Schedule of Amortized Cost of Securities and Their Approximate Fair Values | Securities have been classified in the financial statements as available for sale or held to maturity. The amortized cost of securities and their approximate fair values at September 30, 2014 and December 31, 2013 are as follows:
|  |  |  |  |  | Gross |  |  | Gross |  |  |  |  |
|  | Amortized |  |  | Unrealized |  |  | Unrealized |  |  | Fair |
|  | Cost |  |  | Gains |  |  | Losses |  |  | Value |
September 30, 2014 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Available for sale securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government agency obligations |  | $ | 90,577 |  |  | $ | 212 |  |  | $ | (52 | ) |  | $ | 90,737 |
Mortgage-backed securities, residential |  |  | 30,130 |  |  |  | 584 |  |  |  | (1 | ) |  |  | 30,713 |
Asset backed securities |  |  | 18,632 |  |  |  | 192 |  |  |  | (29 | ) |  |  | 18,795 |
State and municipal |  |  | 7,879 |  |  |  | 219 |  |  |  | — |  |  |  | 8,098 |
Corporate bonds |  |  | 16,758 |  |  |  | 173 |  |  |  | — |  |  |  | 16,931 |
SBA pooled securities |  |  | 212 |  |  |  | 3 |  |  |  | — |  |  |  | 215 |
Total available for sale securities |  | $ | 164,188 |  |  | $ | 1,383 |  |  | $ | (82 | ) |  | $ | 165,489 |
|  |  |  |  |  | Gross |  |  | Gross |  |  |  |  |
|  | Amortized |  |  | Unrecognized |  |  | Unrecognized |  |  | Fair |
|  | Cost |  |  | Gains |  |  | Losses |  |  | Value |
Held to maturity securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other - State of Israel bonds |  | $ | 745 |  |  | $ | 5 |  |  | $ | — |  |  | $ | 750 |
|  |  |  |  |  | Gross |  |  | Gross |  |  |  |  |
|  | Amortized |  |  | Unrealized |  |  | Unrealized |  |  | Fair |
|  | Cost |  |  | Gains |  |  | Losses |  |  | Value |
December 31, 2013 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Available for sale securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government agency obligations |  | $ | 95,967 |  |  | $ | 91 |  |  | $ | (224 | ) |  | $ | 95,834 |
Mortgage-backed securities, residential |  |  | 35,931 |  |  |  | 355 |  |  |  | (1 | ) |  |  | 36,285 |
Asset backed securities |  |  | 18,811 |  |  |  | 34 |  |  |  | (6 | ) |  |  | 18,839 |
State and municipal |  |  | 8,989 |  |  |  | 20 |  |  |  | (4 | ) |  |  | 9,005 |
Corporate bonds |  |  | 20,817 |  |  |  | 62 |  |  |  | (36 | ) |  |  | 20,843 |
Trust preferred |  |  | 3,706 |  |  |  | — |  |  |  | (106 | ) |  |  | 3,600 |
SBA pooled securities |  |  | 244 |  |  |  | 4 |  |  |  | — |  |  |  | 248 |
Total available for sale securities |  | $ | 184,465 |  |  | $ | 566 |  |  | $ | (377 | ) |  | $ | 184,654 |
|  |  |  |  |  | Gross |  |  | Gross |  |  |  |  |
|  | Amortized |  |  | Unrecognized |  |  | Unrecognized |  |  | Fair |
|  | Cost |  |  | Gains |  |  | Losses |  |  | Value |
Held to maturity securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other - State of Israel bonds |  | $ | 743 |  |  | $ | 2 |  |  | $ | — |  |  | $ | 745 |
Schedule of Amortized Cost and Estimated Fair Value of Securities | The amortized cost and estimated fair value of securities at September 30, 2014, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.
|  | Securities Available for Sale |  |  | Held to Maturity |
|  | Amortized |  |  | Fair |  |  | Amortized |  |  | Fair |
|  | Cost |  |  | Value |  |  | Cost |  |  | Value |
Due in one year or less |  | $ | 1,336 |  |  | $ | 1,338 |  |  | $ | 225 |  |  | $ | 225 |
Due from one year to five years |  |  | 94,588 |  |  |  | 94,900 |  |  |  | 520 |  |  |  | 525 |
Due from five years to ten years |  |  | 17,699 |  |  |  | 17,846 |  |  |  | — |  |  |  | — |
Due after ten years |  |  | 1,591 |  |  |  | 1,682 |  |  |  | — |  |  |  | — |
|  |  | 115,214 |  |  |  | 115,766 |  |  |  | 745 |  |  |  | 750 |
Mortgage-backed securities, residential |  |  | 30,130 |  |  |  | 30,713 |  |  |  | — |  |  |  | — |
Asset backed securities |  |  | 18,632 |  |  |  | 18,795 |  |  |  | — |  |  |  | — |
SBA pooled securities |  |  | 212 |  |  |  | 215 |  |  |  | — |  |  |  | — |
|  | $ | 164,188 |  |  | $ | 165,489 |  |  | $ | 745 |  |  | $ | 750 |
Schedule of Information Pertaining to Securities with Gross Unrealized Losses | Information pertaining to securities with gross unrealized losses at September 30, 2014 and December 31, 2013, aggregated by investment category and length of time that individual securities have been in a continuous loss position, are summarized as follows:
|  | Less than 12 Months |  |  | 12 Months or More |  |  | Total |
|  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |
|  | Value |  |  | Losses |  |  | Value |  |  | Losses |  |  | Value |  |  | Losses |
September 30, 2014 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government agency obligations |  | $ | 14,644 |  |  | $ | (52 | ) |  | $ | — |  |  | $ | — |  |  | $ | 14,644 |  |  | $ | (52 | )
Mortgage-backed securities, residential |  |  | 184 |  |  |  | (1 | ) |  |  | — |  |  |  | — |  |  |  | 184 |  |  |  | (1 | )
Asset backed securities |  |  | 9,789 |  |  |  | (29 | ) |  |  | — |  |  |  | — |  |  |  | 9,789 |  |  |  | (29 | )
State and municipal |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Corporate bonds |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
SBA pooled securities |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
|  | $ | 24,617 |  |  | $ | (82 | ) |  | $ | — |  |  | $ | — |  |  | $ | 24,617 |  |  | $ | (82 | )
December 31, 2013 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government agency obligations |  | $ | 38,890 |  |  | $ | (222 | ) |  | $ | 1,849 |  |  | $ | (2 | ) |  | $ | 40,739 |  |  | $ | (224 | )
Mortgage-backed securities, residential |  |  | 800 |  |  |  | (1 | ) |  |  | — |  |  |  | — |  |  |  | 800 |  |  |  | (1 | )
Asset backed securities |  |  | 4,913 |  |  |  | (6 | ) |  |  | — |  |  |  | — |  |  |  | 4,913 |  |  |  | (6 | )
State and municipal |  |  | 1,481 |  |  |  | (4 | ) |  |  | — |  |  |  | — |  |  |  | 1,481 |  |  |  | (4 | )
Corporate bonds |  |  | 8,419 |  |  |  | (36 | ) |  |  | — |  |  |  | — |  |  |  | 8,419 |  |  |  | (36 | )
Trust preferred |  |  | 3,600 |  |  |  | (106 | ) |  |  | — |  |  |  | — |  |  |  | 3,600 |  |  |  | (106 | )
SBA pooled securities |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
|  | $ | 58,103 |  |  | $ | (375 | ) |  | $ | 1,849 |  |  | $ | (2 | ) |  | $ | 59,952 |  |  | $ | (377 | )

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