XML 49 R19.htm IDEA: XBRL DOCUMENT v2.4.0.6
Securities (Tables)
 6 Months Ended
Jun. 30, 2012
Investments, Debt and Equity Securities [Abstract]  
Available-for-sale Securities [Table Text Block]

The fair value of available-for-sale securities and the related gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) were as follows:

 

  (Dollars in thousands) 
      Gross  Gross  Estimated 
  Cost  Unrealized  Unrealized  Fair 
  Basis  Gains  Losses  Value 
June 30, 2012                
U.S. government sponsored entities $15,850  $91  $(1) $15,940 
Collateralized mortgage obligations and                
residential mortgage-backed securities  113,097   3,727   (19)  116,805 
Municipal securities  54,903   3,834   (24)  58,713 
Collateralized debt obligations  5,207   -   (3,960)  1,247 
Total securities available-for-sale $189,057  $7,652  $(4,004) $192,705 
                 
December 31, 2011                
U.S. government sponsored entities $15,610  $41  $(3) $15,648 
Collateralized mortgage obligations and                
residential mortgage-backed securities  107,569   3,630   (2)  111,197 
Municipal securities  54,738   4,018   -   58,756 
Collateralized debt obligations  5,214   -   (3,853)  1,361 
Total securities available-for-sale $183,131  $7,689  $(3,858) $186,962 

 
Schedule Of Contractual Maturities Of Available For Sale Debt Securities [Table Text Block]

The fair value of available-for-sale debt securities and carrying amount, if different, at June 30, 2012 by contractual maturity, were as follows. Securities not due at a single maturity date, primarily mortgage-backed securities, are shown separately.

 

  (Dollars in thousands) 
  Available-for-sale 
  Estimated     
  Fair  Tax-Equivalent 
June 30, 2012 Value  Yield (%) 
Due in one year or less $987   5.93 
Due from one to five years  9,272   3.75 
Due from five to ten years  35,848   4.14 
Due over ten years  29,793   5.69 
Collateralized mortgage obligations and        
residential mortgage-backed securities  116,805   3.05 
Total $192,705   3.71 

  
Schedule of Realized Gain (Loss) [Table Text Block]

Sales of available-for-sale securities were as follows:

 

  (Dollars in thousands) 
  June 30,  June 30, 
  2012  2011 
       
Proceeds $13,283  $10,267 
Gross gains  617   509 
Gross losses  -   (9)

 
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

Accumulated other comprehensive income/(loss) balances, net of tax, related to available-for-sale securities, were as follows:

 

   (Dollars in thousands) 
   Unrealized
gain/(loss)		 
 Beginning balance, December 31, 2011  $2,476 
 Current period change   (117)
 Ending balance, June 30, 2012  $2,359 

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

Securities with unrealized losses at June 30, 2012 and December 31, 2011 not recognized in income are as follows:

 

  (Dollars in thousands) 
  Less than 12 months  12 months or longer  Total 
  Estimated      Estimated      Estimated     
  Fair  Unrealized  Fair  Unrealized  Fair  Unrealized 
  Value  Losses  Value  Losses  Value  Losses 
June 30, 2012                        
U.S. government sponsored entities $998  $(1) $-  $-  $998  $(1)
Collateralized mortgage obligations and                        
residential mortgage-backed securities  2,138   (19)  -   -   2,138   (19)
Municipal securities  2,415   (24)  -   -   2,415   (24)
Collateralized debt obligations  -   -   1,247   (3,960)  1,247   (3,960)
Total temporarily impaired $5,551  $(44) $1,247  $(3,960) $6,798  $(4,004)
Number of securities      14       4       18 

 

 

  (Dollars in thousands) 
  Less than 12 months  12 months or longer  Total 
  Estimated      Estimated       Estimated     
  Fair  Unrealized  Fair  Unrealized  Fair  Unrealized 
  Value  Losses  Value  Losses  Value  Losses 
December 31, 2011                        
U.S. government sponsored entities $1,287  $(3) $-  $-  $1,287  $(3)
Collateralized mortgage obligations and                        
residential mortgage-backed securities  2,030   (2)  -   -   2,030   (2)
Municipal securities  -   -   -   -   -   - 
Collateralized debt obligations  -   -   1,361   (3,853)  1,361   (3,853)
Total temporarily impaired $3,317  $(5) $1,361  $(3,853) $4,678  $(3,858)
Number of securities      2       4       6