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Securities | 12 Months Ended
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Dec. 31, 2012
Investments, Debt and Equity Securities [Abstract] |
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] | NOTE 2 – Securities 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 |
December 31, 2012 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. government sponsored entities |  | $ | 23,009 |  |  | $ | 94 |  |  | $ | (7 | ) |  | $ | 23,096 |
Collateralized mortgage obligations and residential mortgage-backed securities |  |  | 96,782 |  |  |  | 3,147 |  |  |  | (15 | ) |  |  | 99,914 |
Municipal securities |  |  | 58,946 |  |  |  | 4,155 |  |  |  | (28 | ) |  |  | 63,073 |
Collateralized debt obligations |  |  | 5,208 |  |  |  | - |  |  |  | (3,816 | ) |  |  | 1,392 |
Total securities available-for-sale |  | $ | 183,945 |  |  | $ | 7,396 |  |  | $ | (3,866 | ) |  | $ | 187,475 |
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 |
During August 2011, management transferred its entire held-to-maturity securities portfolio to available-for-sale. The book value of the securities transferred totaled approximately $16.4 million, with an unrealized gain of approximately $1.0 million that was recorded as a component of other comprehensive income at the date of transfer. All held-to-maturity securities were transferred to available-for-sale to avoid the potential implication that any remaining held-to-maturity securities would be tainted by a partial transfer. In addition, the transfer provides management the ability to sell lower balance odd lot securities, divest of certain securities to reduce credit or interest rate risk within the portfolio, and be positioned to take advantage of other portfolio restructuring opportunities. The fair value of available-for-sale debt securities and carrying amount, if different, at year end 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 |  |  | Tax- |
|  | Fair |  |  | Equivalent |
December 31, 2012 |  | Value |  |  | Yield (%) |
Due in one year or less |  | $ | 972 |  |  |  | 5.98 |
Due from one to five years |  |  | 14,942 |  |  |  | 3.08 |
Due from five to ten years |  |  | 38,313 |  |  |  | 4.16 |
Due over ten years |  |  | 33,334 |  |  |  | 4.81 |
Collateralized mortgage obligations and residential mortgage-backed securities |  |  | 99,914 |  |  |  | 2.86 |
Total |  | $ | 187,475 |  |  |  | 3.51 |
Sales of available-for-sale securities were as follows:
|  | (Dollars in thousands) |
|  | December 31, |  |  | December 31, |
|  | 2012 |  |  | 2011 |
Proceeds |  | $ | 25,900 |  |  |  | 22,713 |
Gross gains |  |  | 1,120 |  |  |  | 981 |
Gross losses |  |  | - |  |  |  | (15 | )
The tax provisions related to these net realized gains were approximately $440,000 for 2012 and $380,000 for 2011. 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 |  |  | (192 | )
Ending balance, December 31, 2012 |  | $ | 2,284 |
Securities with carrying values of approximately $32,935,000 and $70,412,000 were pledged as of December 31, 2012 and 2011, respectively, as collateral for repurchase agreements, public funds, and for other purposes as permitted or required by law. The reduction in pledged securities is a result of the lifting of a state requirement to pledge securities for public funds on deposit. Securities with unrealized losses at December 31, 2012 and 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 |
December 31, 2012 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. government sponsored entities |  | $ | 3,492 |  |  | $ | (7 | ) |  | $ | - |  |  | $ | - |  |  | $ | 3,492 |  |  | $ | (7 | )
Collateralized mortgage obligations and residential mortgage-backed securities |  |  | 2,294 |  |  |  | (15 | ) |  |  | - |  |  |  | - |  |  |  | 2,294 |  |  |  | (15 | )
Municipal securities |  |  | 3,330 |  |  |  | (28 | ) |  |  | - |  |  |  | - |  |  |  | 3,330 |  |  |  | (28 | )
Collateralized debt obligations |  |  | - |  |  |  | - |  |  |  | 1,392 |  |  |  | (3,816 | ) |  |  | 1,392 |  |  |  | (3,816 | )
Total temporarily impaired |  | $ | 9,116 |  |  | $ | (50 | ) |  | $ | 1,392 |  |  | $ | (3,816 | ) |  | $ | 10,508 |  |  | $ | (3,866 | )
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 |
Unrealized losses on securities have not been recognized into income because the securities are of high credit quality or have undisrupted cash flows. Management has the intent and ability to hold the securities for the foreseeable future, and the decline in fair value is largely due to changes in interest rates and volatility in the securities markets. The fair values are expected to recover as the securities approach maturity

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- Definition The entire disclosure for investments in certain debt and equity securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27405-111563 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6379141&loc=d3e15032-111544 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 115 -Paragraph 3, 19, 20, 21, 22, 137 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 320 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62557-112803 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -Glossary Equity Security -URI http://asc.fasb.org/extlink&oid=6511694 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -Glossary Debt Security -URI http://asc.fasb.org/extlink&oid=6509901 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27232-111563 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27357-111563 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27161-111563 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27290-111563 + Details
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