Investments (Tables)

9 Months Ended

Sep. 30, 2014

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 as of September 30, 2014, and December 31, 2013.

	September 30, 2014				December 31, 2013
	Amortized		Market		Amortized		Market
	Cost		Value		Cost		Value
	(Dollars in thousands)
Municipal bonds:
Current	$	4,119	$	4,192	$	5,196	$	5,264
Due from one through five years		15,413		16,315		17,636		18,527
Due from six through ten years		10,367		10,773		7,388		7,777
Due from eleven through twenty years		743		749		-		-
Total	$	30,642	$	32,029	$	30,220	$	31,568

Unrealized Gain (Loss) on Investments [Table Text Block]

The unrealized gains and losses on investment securities at September 30, 2014, and at December 31, 2013, were as follows:

	September 30, 2014				December 31, 2013
	Unrealized		Unrealized		Unrealized		Unrealized
	Gains		Losses		Gains		Losses
	(Dollars in thousands)
Municipal bonds	$	1,388	$	(1)	$	1,348	$	-

- Definition

Tabular disclosure of all investments in certain debt and equity securities for which the entity has the positive intent and ability to hold until maturity.

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