Investment Securities (Tables)

12 Months Ended

Dec. 31, 2013

Investments Debt And Equity Securities [Abstract]

Summary Information Regarding Investment Securities Classified as Available for Sale and Held to Maturity

Summary information regarding investment securities classified as available for sale and held to maturity as of December 31, 2013 and 2012 follows.


*(dollars in thousands)*	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses				Fair Value
December 31, 2013					Less Than 1 Year		Over 1 Year
Available for sale:
U.S. agency mortgage-backed	$	96,145	$	1,765	$	909	$	216	$	96,785
Non-U.S. agency mortgage-backed		9,765		58		31		43		9,749
Municipal bonds		19,879		318		279		119		19,799
U.S. government agency		23,543		236		480		—		23,299

Total available for sale	$	149,332	$	2,377	$	1,699	$	378	$	149,632


Held to maturity:
U.S. agency mortgage-backed	$	132	$	1	$	—	$	—	$	133
Municipal bonds		9,273		67		198		—		9,142

Total held to maturity	$	9,405	$	68	$	198	$	—	$	9,275


*(dollars in thousands)*	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses				Fair Value
December 31, 2012					Less Than 1 Year		Over 1 Year
Available for sale:
U.S. agency mortgage-backed	$	99,137	$	3,391	$	14	$	1	$	102,513
Non-U.S. agency mortgage-backed		12,426		280		—		38		12,668
Municipal bonds		16,843		774		32		—		17,585
U.S. government agency		23,944		553		7		—		24,490

Total available for sale	$	152,350	$	4,998	$	53	$	39	$	157,256


Held to maturity:
U.S. agency mortgage-backed	$	693	$	13	$	—	$	—	$	706
Municipal bonds		972		68		—		—		1,040

Total held to maturity	$	1,665	$	81	$	—	$	—	$	1,746

Amortized Cost and Estimated Fair Value by Maturity of Company's Investment Securities

The amortized cost and estimated fair value by maturity of investment securities as of December 31, 2013 are shown in the following tables. Securities are classified according to their contractual maturities without consideration of principal amortization, potential prepayments or call options. The expected maturity of a security, may differ from its contractual maturity because of the exercise of call options and potential paydowns. Accordingly, actual maturities may differ from contractual maturities.


*(dollars in thousands)*	One Year or Less		After One Year through Five Years		After Five Years through Ten Years		After Ten Years		Total
Fair Value
Securities available for sale:
U.S. agency mortgage-backed	$	113	$	231	$	15,665	$	80,776	$	96,785
Non-U.S. agency mortgage-backed		—		—		—		9,749		9,749
Municipal bonds		503		4,858		11,574		2,864		19,799
U.S. government agency		2,512		5,293		10,510		4,984		23,299

Total securities available for sale	$	3,128	$	10,382	$	37,749	$	98,373	$	149,632


Securities held to maturity:
U.S. agency mortgage-backed	$	133	$	—	$	—	$	—	$	133
Municipal bonds		216		797		6,886		1,243		9,142

Total securities held to maturity	$	349	$	797	$	6,886	$	1,243	$	9,275


*(dollars in thousands)*	One Year or Less		After One Year through Five Years		After Five Years through Ten Years		After Ten Years		Total
Amortized Cost
Securities available for sale:
U.S. agency mortgage-backed	$	108	$	214	$	15,696	$	80,127	$	96,145
Non-U.S. agency mortgage-backed		—		—		—		9,765		9,765
Municipal bonds		503		4,743		11,761		2,872		19,879
U.S. government agency		2,500		5,225		10,990		4,828		23,543

Total securities available for sale	$	3,111	$	10,182	$	38,447	$	97,592	$	149,332


Securities held to maturity:
U.S. agency mortgage-backed	$	132	$	—	$	—	$	—	$	132
Municipal bonds		215		756		7,041		1,261		9,273

Total securities held to maturity	$	347	$	756	$	7,041	$	1,261	$	9,405