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INVESTMENTS (Tables)
12 Months Ended
Dec. 31, 2012
Investments [Abstract]  
Held-to-maturity Securities [Table Text Block]

Below is a summary of the amortized cost and estimated market values of the Company’s investment securities as of December 31, 2012 and 2011. The estimated market values provided are Level 2 valuations as defined by ASC 820. See Note 4.

 

    2012     2011  
    Amortized
Cost
    Market
Value
    Amortized
Cost
    Market
Value
 
    (Dollars in thousands)  
Municipal bonds:                                
Current   $ 8,004     $ 8,117     $ 4,745     $ 4,781  
Due from one through five years     25,384       26,620       32,679       34,184  
Due from six through ten years     10,832       11,756       14,160       15,216  
Total   $ 44,220     $ 46,493     $ 51,584     $ 54,181  
Unrealized Gains (Losses) on Held-to-maturity Securities [Table Text Block]

The unrealized gains and losses on investment securities at December 31, 2012 and 2011 were:

 

    2012     2011  
    Unrealized
Gains
    Unrealized
Losses
    Unrealized
Gains
    Unrealized
Losses
 
    (Dollars in thousands)  
Municipal bonds   $ 2,473     $ 200     $ 2,797     $ 200