Securities (Tables)

9 Months Ended

Sep. 30, 2013

Available-for-sale Securities [Abstract]

Amortized Costs And Fair Values Of Securities Available For Sale

Amortized costs and fair values of securities available for sale at September 30, 2013 and December 31, 2012 were as follows:



	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Fair Value
	September 30, 2013
	(in thousands)
Obligations of U.S. government corporations and agencies	$	33,983	$	506	$	(1,351	)	$	33,138
Mortgage-backed securities	16,522		605		(95		)	17,032
Obligations of states and political subdivisions	41,439		1,178		(268		)	42,349
Corporate securities	7,485		957		—			8,442
Equity securities	1,044		106		—			1,150
	$	100,473	$	3,352	$	(1,714	)	$	102,111
	December 31, 2012
	(in thousands)
Obligations of U.S. government corporations and agencies	$	22,781	$	911	$	—		$	23,692
Mortgage-backed securities	20,978		1,229		—			22,207
Obligations of states and political subdivisions	41,185		2,327		(11		)	43,501
Corporate securities	9,963		1,193		—			11,156
Equity securities	2,054		144		—			2,198
	$	96,961	$	5,804	$	(11	)	$	102,754

Fair Value And Gross Unrealized Losses For Securities Available For Sale

The fair value and gross unrealized losses for securities available for sale, totaled by the length of time that individual securities have been in a continuous gross unrealized loss position, at September 30, 2013 and December 31, 2012 were as follows:



	Less than 12 months				12 months or more				Total
	Fair Value		Gross Unrealized Losses		Fair Value		Gross Unrealized Losses		Fair Value		Gross Unrealized Losses
	September 30, 2013
	(in thousands)
Obligations of U.S. government corporations and agencies	$	23,524	$	1,351	$	—	$	—	$	23,524	$	1,351
Mortgage-backed securities	1,782		95		—		—		1,782		95
Obligations of states and political subdivisions	6,415		268		—		—		6,415		268
Corporate securities	—		—		—		—		—		—
Equity securities	—		—		—		—		—		—
	$	31,721	$	1,714	$	—	$	—	$	31,721	$	1,714
	December 31, 2012
	(in thousands)
Obligations of U.S. government corporations and agencies	$	—	$	—	$	—	$	—	$	—	$	—
Mortgage-backed securities	—		—		—		—		—		—
Obligations of states and political subdivisions	495		6		274		5		769		11
Corporate securities	—		—		—		—		—		—
Equity securities	—		—		—		—		—		—
	$	495	$	6	$	274	$	5	$	769	$	11

Restricted Investments

The composition of restricted investments at September 30, 2013 and December 31, 2012 was as follows:



	September 30, 2013		December 31, 2012
	(in thousands)
Federal Reserve Bank Stock	$	344	$	344
Federal Home Loan Bank Stock	2,158		2,293
Community Bankers’ Bank Stock	140		140
	$	2,642	$	2,777