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Securities (Tables)
6 Months Ended
Jun. 30, 2012
Securities [Abstract]  
Amortized Cost and Fair Values of Securities [Table Text Block]

June 30, 2012

 

 

Amortized

Cost

Gross

Unrealized

Gains

 

Gross

Unrealized

Losses

 

Fair

Value

 

(In Thousands)

Available for Sale:

 

 

 

 

U.S. Government agencies

$2,000

$7

$(2)

$2,005

States and political subdivisions

54,163

2,648

(42)

56,769

Corporate obligations

8,635

215

(5)

8,845

Mortgage-backed securities-

 government sponsored entities

 

74,944

 

1,970

 

(25)

 

76,889

 

139,742

4,840

(74)

144,508

Equity securities-financial services

189

23

-

212

 

$139,931

$4,863

$(74)

$144,720

Held to Maturity:

 

 

 

 

States and political subdivisions

$172

$5

$-

$177

 

 

 

 

 

 

 

December 31, 2011

 

 

Amortized

Cost

Gross

Unrealized

Gains

 

Gross

Unrealized

Losses

 

Fair

Value

 

(In Thousands)

Available for Sale:

 

 

 

 

U.S. Government agencies

$13,268

$130

$-

$13,398

States and political subdivisions

54,106

2,640

-

56,746

Corporate obligations

8,733

130

(54)

8,809

Mortgage-backed securities-government

    sponsored entities

 

68,886

 

2,081

 

(2)

 

70,965

 

144,993

4,981

(56)

149,918

Equity securities-financial services

        239

     109

      (3)

345    

 

$145,232

$5,090

$(59)

$150,263

Held to Maturity:

 

 

 

 

States and political subdivisions

$171

$6

$-

$177

 

 

 

 

 

 

Investments' Gross Unrealized Losses and Fair Value [Table Text Block]

June 30, 2012

 

   Less than 12 Months           12 Months or More           __Total__ ___                      

 

Fair Value

Unrealized Losses

Fair Value

Unrealized Losses

Fair Value

Unrealized Losses

U.S. Government Agencies

$998

$(2)

$-

$-

$998

$(2)

States and political subdivisions

3,254

(42)

-

-

3,254

(42)

Corporate obligations

1,457

(5)

-

-

1,457

(5)

Mortgage-backed securities-government sponsored agencies

6,563

(25)

-

-

6,563

(25)

 

$12,272

$(74)

$-

$-

$12,272

$(74)

 

 

 

 

 

 

 

 

 

 

December 31, 2011

 

     Less than 12 Months         12 Months or More                     Total

 

Fair Value

Unrealized Losses

Fair Value

Unrealized Losses

Fair Value

Unrealized Losses

 

Corporate obligations

 

$4,152

 

$ (54)

 

$-

 

$-

 

$4,152

 

$ (54)

Mortgage-backed securities-government sponsored agencies

 

 

2,495

 

 

(2)

 

 

-

 

 

-

 

 

2,495

 

 

(2)

Equity securities-financial services

 

        34

 

       (2)

 

      15

 

 (1)

 

        49

 

      (3)

 

$6,681

$ (58)

$15

$(1)

$6,696

$(59)

 

 

 

 

 

 

 

 

           

Securities by Contractual Maturity [Table Text Block]

 

          Available for Sale          Held to Maturity

 

Amortized Cost

Fair Value

Amortized Cost

Fair Value

 

(In Thousands)

 

 

 

 

 

Due in one year or less

$10,209

$10,313

$-

$-

Due after one year through five years

 

 

 

 

Due after five years through ten years

7,466

7,690

172

177

Due after ten years

17,363

18,255

-

-

 

29,760

31,361

-

-

Mortgage-backed securities-government      sponsored agencies

 

74,944

 

76,889

 

 

-

 

-

 

$139,742

$144,508

$172

$177

Gross Realized Gains and Losses on Sales of Securities Available-for-Sale [Table Text Block]

 

              Three Months            Six Months

 

            Ended  June 30,         Ended June 30,

 

 2012

2011

2012

2011

Gross realized gains

$285

$15

$687

$228

Gross realized losses

___- 

__(3)    

___- 

_(4)

Net realized gain

$285

$12

$687

$224

Proceeds from sales of securities

$7,716

$4,157

$18,349

$10,344