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Securities (Tables)
 6 Months Ended
Jun. 30, 2013
Investments Debt And Equity Securities [Abstract]  
Summary of Amortized Costs and Fair Values of Securities Available for Sale

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

 

     (in thousands)  
     June 30, 2013  
     Amortized
Cost		      Gross
Unrealized
Gains		      Gross
Unrealized
(Losses)		     Fair
Value		  

U.S. agency and mortgage-backed securities

    $ 87,578       $ 774       $ (1,769 )    $ 86,583   

Obligations of states and political subdivisions

      18,507         481         (411 )      18,577   

Corporate equity securities

      1         2         —          3   
  

 

 

     

 

 

     

 

 

    

 

 

  
   $ 106,086       $ 1,257       $ (2,180 )    $ 105,163   
  

 

 

     

 

 

     

 

 

    

 

 

  

 

     (in thousands)  
     December 31, 2012  
     Amortized
Cost		      Gross
Unrealized
Gains		      Gross
Unrealized
(Losses)		     Fair
Value		  

U.S. agency and mortgage-backed securities

    $ 72,129       $ 1,325       $ (236 )    $ 73,218   

Obligations of states and political subdivisions

      15,556         762         (83 )      16,235   

Corporate equity securities

      1         2         —          3   
  

 

 

     

 

 

     

 

 

    

 

 

  
   $   87,686       $ 2,089       $    (319 )    $   89,456   
  

 

 

     

 

 

     

 

 

    

 

 

  
Summary of Investments in an Unrealized Loss Position that were Temporarily Impaired

At June 30, 2013 and December 31, 2012, investments in an unrealized loss position that were temporarily impaired were as follows:

 

                                                                                         
     (in thousands)  
     June 30, 2013  
     Less than 12 months     12 months or more     Total  
     Fair
Value		      Unrealized
(Loss)		     Fair
Value		      Unrealized
(Loss)		     Fair
Value		      Unrealized
(Loss)		  

U.S. agency and mortgage-backed securities

    $ 59,441       $ (1,769 )    $ —         $ —        $ 59,441       $ (1,769 ) 

Obligations of states and political subdivisions

      7,758         (333 )      1,342         (78 )      9,100         (411 ) 
  

 

 

     

 

 

    

 

 

     

 

 

    

 

 

     

 

 

  
   $ 67,199       $ (2,102 )    $ 1,342       $ (78 )    $ 68,541       $ (2,180 ) 
  

 

 

     

 

 

    

 

 

     

 

 

    

 

 

     

 

 

  

 

                                                                                         
     (in thousands)  
     December 31, 2012  
     Less than 12 months     12 months or more      Total  
     Fair
Value		      Unrealized
(Loss)		     Fair
Value		      Unrealized
(Loss)		      Fair
Value		      Unrealized
(Loss)		  

U.S. agency and mortgage-backed securities

    $ 19,612       $ (236 )    $ —         $ —         $ 19,612       $    (236 ) 

Obligations of states and political subdivisions

      4,287         (83 )      —           —           4,287         (83 ) 
  

 

 

     

 

 

    

 

 

     

 

 

     

 

 

     

 

 

  
   $ 23,899       $ (319 )    $    —         $ —         $ 23,899       $ (319 ) 
  

 

 

     

 

 

    

 

 

     

 

 

     

 

 

     

 

 

  
Composition of Restricted Securities

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

 

     (in thousands)  
     June 30,
2013		      December 31,
2012		  

Federal Home Loan Bank stock

    $ 909       $ 1,078   

Federal Reserve Bank stock

      846         846   

Community Bankers’ Bank stock

      50         50   
  

 

 

     

 

 

  
   $ 1,805       $ 1,974