| Summary of securities available-for-sale |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (Dollars in thousands) |
|
Amortized
cost |
|
|
Gross
unrealized
gains |
|
|
Gross
unrealized
losses |
|
|
Fair value |
|
|
June 30, 2011
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Available-for-sale:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Treasury security
|
|
$ |
100 |
|
|
$ |
0 |
|
|
$ |
0 |
|
|
$ |
100 |
|
|
Obligations of U.S. Government corporations and agencies
|
|
|
32,576 |
|
|
|
88 |
|
|
|
0 |
|
|
|
32,664 |
|
|
Mortgage-backed securities in government sponsored entities
|
|
|
73,181 |
|
|
|
2,174 |
|
|
|
1 |
|
|
|
75,354 |
|
|
Obligations of states and political subdivisions
|
|
|
13,960 |
|
|
|
725 |
|
|
|
6 |
|
|
|
14,679 |
|
|
Corporate bonds
|
|
|
3,826 |
|
|
|
48 |
|
|
|
47 |
|
|
|
3,827 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total debt securities
|
|
|
123,643 |
|
|
|
3,035 |
|
|
|
54 |
|
|
|
126,624 |
|
|
Equity securities in financial institutions
|
|
|
69 |
|
|
|
6 |
|
|
|
9 |
|
|
|
66 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total available-for-sale
|
|
|
123,712 |
|
|
|
3,041 |
|
|
|
63 |
|
|
|
126,690 |
|
|
Restricted stock
|
|
|
5,463 |
|
|
|
0 |
|
|
|
0 |
|
|
|
5,463 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total securities
|
|
$ |
129,175 |
|
|
$ |
3,041 |
|
|
$ |
63 |
|
|
$ |
132,153 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
December 31, 2011
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Available-for-sale:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Treasury security
|
|
$ |
100 |
|
|
$ |
0 |
|
|
$ |
0 |
|
|
$ |
100 |
|
|
Obligations of U.S. Government corporations and agencies
|
|
|
28,263 |
|
|
|
83 |
|
|
|
23 |
|
|
|
28,323 |
|
|
Mortgage-backed securities in government sponsored entities
|
|
|
74,834 |
|
|
|
1,562 |
|
|
|
64 |
|
|
|
76,332 |
|
|
Obligations of states and political subdivisions
|
|
|
14,148 |
|
|
|
732 |
|
|
|
0 |
|
|
|
14,880 |
|
|
Corporate bonds
|
|
|
3,445 |
|
|
|
6 |
|
|
|
121 |
|
|
|
3,330 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total debt securities
|
|
|
120,790 |
|
|
|
2,383 |
|
|
|
208 |
|
|
|
122,965 |
|
|
Equity securities in financial institutions
|
|
|
69 |
|
|
|
3 |
|
|
|
11 |
|
|
|
61 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total available-for-sale
|
|
|
120,859 |
|
|
|
2,386 |
|
|
|
219 |
|
|
|
123,026 |
|
|
Restricted stock
|
|
|
5,463 |
|
|
|
0 |
|
|
|
0 |
|
|
|
5,463 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total securities
|
|
$ |
126,322 |
|
|
$ |
2,386 |
|
|
$ |
219 |
|
|
$ |
128,489 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Summary of amortized cost and fair value of debt securities |
| |
|
|
|
|
|
|
|
|
| |
|
Amortized |
|
|
|
|
| (Dollars in thousands) |
|
cost |
|
|
Fair value |
|
|
Available-for-sale:
|
|
|
|
|
|
|
|
|
|
Due in one year or less
|
|
$ |
346 |
|
|
$ |
346 |
|
|
Due after one through five years
|
|
|
12,306 |
|
|
|
12,636 |
|
|
Due after five through ten years
|
|
|
21,415 |
|
|
|
21,894 |
|
|
Due after ten years
|
|
|
89,576 |
|
|
|
91,748 |
|
| |
|
|
|
|
|
|
|
|
|
Total debt securities available-for-sale
|
|
$ |
123,643 |
|
|
$ |
126,624 |
|
| |
|
|
|
|
|
|
|
|
|
| Summary of gross unrealized losses and fair value of securities |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Securities in a continuous unrealized loss position |
|
| |
|
Less than 12 months |
|
|
12 months or more |
|
|
Total |
|
| (Dollars in thousands) |
|
Gross
unrealized
losses |
|
|
Fair
value |
|
|
Gross
unrealized
losses |
|
|
Fair
value |
|
|
Gross
unrealized
losses |
|
|
Fair
value |
|
|
June 30, 2012
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mortgage-backed securities in government sponsored entities
|
|
$ |
1 |
|
|
$ |
394 |
|
|
$ |
0 |
|
|
$ |
0 |
|
|
$ |
1 |
|
|
$ |
394 |
|
|
Obligations of state and political subdivisions
|
|
|
6 |
|
|
|
322 |
|
|
|
0 |
|
|
|
0 |
|
|
|
6 |
|
|
|
322 |
|
|
Corporate bonds
|
|
|
4 |
|
|
|
463 |
|
|
|
43 |
|
|
|
957 |
|
|
|
47 |
|
|
|
1,420 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total debt securities
|
|
|
11 |
|
|
|
1,179 |
|
|
|
43 |
|
|
|
957 |
|
|
|
54 |
|
|
|
2,136 |
|
|
Equity securities in financial institutions
|
|
|
0 |
|
|
|
0 |
|
|
|
9 |
|
|
|
45 |
|
|
|
9 |
|
|
|
45 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total temporarily impaired securities
|
|
$ |
11 |
|
|
$ |
1,179 |
|
|
$ |
52 |
|
|
$ |
1,002 |
|
|
$ |
63 |
|
|
$ |
2,181 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
December 31, 2011
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Obligations of U.S. Corporations and agencies
|
|
$ |
23 |
|
|
$ |
6,974 |
|
|
$ |
0 |
|
|
$ |
0 |
|
|
$ |
23 |
|
|
$ |
6,974 |
|
|
Mortgage-backed securities in government sponsored entities
|
|
|
63 |
|
|
|
16,794 |
|
|
|
1 |
|
|
|
192 |
|
|
|
64 |
|
|
|
16,986 |
|
|
Corporate bonds
|
|
|
49 |
|
|
|
2,397 |
|
|
|
72 |
|
|
|
428 |
|
|
|
121 |
|
|
|
2,825 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total debt securities
|
|
|
135 |
|
|
|
26,165 |
|
|
|
73 |
|
|
|
620 |
|
|
|
208 |
|
|
|
26,785 |
|
|
Equity securities in financial institutions
|
|
|
0 |
|
|
|
0 |
|
|
|
11 |
|
|
|
43 |
|
|
|
11 |
|
|
|
43 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total temporarily impaired securities
|
|
$ |
135 |
|
|
$ |
26,165 |
|
|
$ |
84 |
|
|
$ |
663 |
|
|
$ |
219 |
|
|
$ |
26,828 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|