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Securities (Tables)
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9 Months Ended |
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Sep. 30, 2013
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| Investments, Debt and Equity Securities [Abstract] |
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| 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 were as follows: | | | | | | Gross | | Gross | | Estimated | | | (Dollars in thousands) | | Cost | | Unrealized | | Unrealized | | Fair | | | | | Basis | | Gains | | Losses | | Value | | | September 30, 2013 | | | | | | | | | | | | | | | U.S. government sponsored entities | | $ | 20,497 | | $ | 5 | | $ | (503) | | $ | 19,999 | | | Collateralized mortgage obligations and residential mortgage-backed securities | | | 91,165 | | | 1,642 | | | (1,238) | | | 91,569 | | | Municipal securities | | | 72,409 | | | 1,857 | | | (1,529) | | | 72,737 | | | Collateralized debt obligations | | | 5,208 | | | - | | | (3,206) | | | 2,002 | | | Total securities available-for-sale | | $ | 189,279 | | $ | 3,504 | | $ | (6,476) | | $ | 186,307 | | | | | | | | | | | | | | | | | | 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 | |
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| 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 September 30, 2013 by contractual maturity, were as follows. Securities not due at a single maturity date, primarily mortgage-backed securities, are shown separately. | | | Available-for-sale | | | (Dollars in thousands) | | Estimated | | | | | | | | Fair | | Tax-Equivalent | | | September 30, 2013 | | Value | | Yield (%) | | | Due in one year or less | | $ | 1,082 | | | 7.76 | | | Due from one to five years | | | 17,032 | | | 2.82 | | | Due from five to ten years | | | 30,707 | | | 4.57 | | | Due over ten years | | | 45,917 | | | 4.64 | | | Collateralized mortgage obligations and residential mortgage-backed securities | | | 91,569 | | | 2.83 | | | Total | | $ | 186,307 | | | 3.59 | |
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| Schedule of Realized Gain (Loss) [Table Text Block] |
Sales of available-for-sale securities were as follows for the nine months ended: | | | September 30, | | September 30, | | | (Dollars in thousands) | | 2013 | | 2012 | | | | | | | | | | | | Proceeds | | $ | 24,484 | | $ | 15,574 | | | Gross gains | | | 600 | | | 735 | | | Gross losses | | | (60) | | | - | |
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| 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, 2012 | | $ | 2,284 | | | Current period change | | | (4,272) | | | Ending balance, September 30, 2013 | | $ | (1,988) | |
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| Unrealized Gain (Loss) on Investments [Table Text Block] |
Securities with unrealized losses at September 30, 2013 and December 31, 2012 not recognized in income are as follows: | | | Less than 12 months | | 12 months or longer | | Total | | | | | Estimated | | | | | Estimated | | | | | Estimated | | | | | | (Dollars in thousands) | | Fair | | Unrealized | | Fair | | Unrealized | | Fair | | Unrealized | | | | | Value | | Losses | | Value | | Losses | | Value | | Losses | | | September 30, 2013 | | | | | | | | | | | | | | | | | | | | | U.S. government sponsored entities | | $ | 17,494 | | $ | (503) | | $ | - | | $ | - | | $ | 17,494 | | $ | (503) | | | Collateralized mortgage obligations and residential mortgage-backed securities | | | 38,528 | | | (1,238) | | | - | | | - | | | 38,528 | | | (1,238) | | | Municipal securities | | | 25,640 | | | (1,529) | | | - | | | - | | | 25,640 | | | (1,529) | | | Collateralized debt obligations | | | - | | | - | | | 2,002 | | | (3,206) | | | 2,002 | | | (3,206) | | | Total temporarily impaired | | $ | 81,662 | | $ | (3,270) | | $ | 2,002 | | $ | (3,206) | | $ | 83,664 | | $ | (6,476) | | | Number of securities | | | | | | 104 | | | | | | 4 | | | | | | 108 | | | | | Less than 12 months | | 12 months or longer | | Total | | | | | Estimated | | | | | Estimated | | | | | Estimated | | | | | | (Dollars in thousands) | | 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 | |
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