v2.4.0.8
Available for Sale Securities (Tables)
 9 Months Ended
Sep. 30, 2013
Investments, Debt and Equity Securities [Abstract]  
Schedule of available-for-sale securities reconciliation
The amortized cost and fair values of available for sale securities held as of September 30, 2013 and December 31, 2012 are as follows:
 
September 30, 2013
 
Amortized
cost
 
Gross
unrealized gains
 
Gross
unrealized losses
 
Fair value
U.S. Treasury securities and obligations of
  U.S. government authorities and agencies
$
11,970

 
$
195

 
$
(56
)
 
$
12,109

Corporate securities
5,390

 
78

 
(44
)
 
5,424

Certificates of deposit
100

 
—

 
—

 
100

Asset-backed securities
86

 
2

 
—

 
88

 
$
17,546

 
$
275

 
$
(100
)
 
$
17,721

 
December 31, 2012
 
Amortized
cost
 
Gross
unrealized gains
 
Gross
unrealized losses
 
Fair value
U.S. Treasury securities and obligations of
  U.S. government authorities and agencies
$
8,731

 
$
412

 
$
(3
)
 
$
9,140

Obligations of states and political subdivisions
475

 
3

 
—

 
478

Corporate securities
6,076

 
206

 
(5
)
 
6,277

Certificates of deposit
100

 
—

 
—

 
100

Asset-backed securities
311

 
5

 
(8
)
 
308

 
$
15,693

 
$
626

 
$
(16
)
 
$
16,303
Schedule of available-for-sale securities, continuous unrealized loss position
The following table summarizes the gross unrealized losses on available for sale securities in an unrealized loss position as of September 30, 2013 and December 31, 2012:
 
September 30, 2013
 
Less Than or Equal to One Year
 
More Than One Year
 
Fair Value
 
Gross
Unrealized Losses
 
Fair Value
 
Gross Unrealized Losses
U.S. Treasury securities and obligations of U.S. government authorities and agencies
$
3,754

 
$
(52
)
 
$
287

 
$
(4
)
Corporate securities
2,233

 
(44
)
 
—

 
—

Asset-backed securities
—

 
—

 
2

 
—

Total
$
5,987

 
$
(96
)
 
$
289

 
$
(4
)
 
December 31, 2012
 
Less Than or Equal to One Year
 
More Than One Year
 
Fair Value
 
Gross
Unrealized Losses
 
Fair Value
 
Gross Unrealized Losses
U.S. Treasury securities and obligations of U.S. government authorities and agencies
$
612

 
$
(3
)
 
$
—

 
$
—

Corporate securities
540

 
(3
)
 
149

 
(2
)
Asset-backed securities
—

 
—

 
194

 
(8
)
Total
$
1,152

 
$
(6
)
 
$
343

 
$
(10
)
Schedule of amortized cost and fair value by contractual maturity date
Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.
 
Amortized Cost
 
Fair Value
Due in one year or less
$
403

 
$
404

Due after one year through five years
11,190

 
11,287

Due after five years through ten years
5,287

 
5,352

Due after ten years through twenty years
580

 
590

Asset-backed securities
86

 
88

 
$
17,546

 
$
17,721