Securities (Tables)
 12 Months Ended
Dec. 31, 2013
Investments, Debt and Equity Securities [Abstract]  
Schedule Of Classification Of Available For Sale Securities Investment [Table Text Block]
The following table summarizes the Corporation’s securities as of December 31:
 
(Dollar amounts in thousands)
 
 
 
Gross
 
Gross
 
 
 
 
 
Amortized
 
Unrealized
 
Unrealized
 
Fair
 
 
 
Cost
 
Gains
 
Losses
 
Value
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Available for sale:
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2013:
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Treasury and federal agency
 
$
4,466
 
$
-
 
$
(298)
 
$
4,168
 
U.S. government sponsored entities and agencies
 
 
23,637
 
 
-
 
 
(745)
 
 
22,892
 
U.S. agency mortgage-backed securities: residential
 
 
11,020
 
 
341
 
 
-
 
 
11,361
 
U.S. agency collateralized mortgage obligations: residential
 
 
41,751
 
 
2
 
 
(2,031)
 
 
39,722
 
State and political subdivision
 
 
36,657
 
 
830
 
 
(988)
 
 
36,499
 
Corporate debt securities
 
 
250
 
 
-
 
 
(9)
 
 
241
 
Equity securities
 
 
2,356
 
 
131
 
 
(66)
 
 
2,421
 
 
 
$
120,137
 
$
1,304
 
$
(4,137)
 
$
117,304
 
December 31, 2012:
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Treasury and federal agency
 
$
3,959
 
$
8
 
$
-
 
$
3,967
 
U.S. government sponsored entities and agencies
 
 
28,030
 
 
132
 
 
-
 
 
28,162
 
U.S. agency mortgage-backed securities: residential
 
 
21,137
 
 
1,587
 
 
-
 
 
22,724
 
U.S. agency collateralized mortgage obligations: residential
 
 
22,508
 
 
47
 
 
(80)
 
 
22,475
 
State and political subdivision
 
 
34,904
 
 
1,862
 
 
(1)
 
 
36,765
 
Corporate debt securities
 
 
3,728
 
 
34
 
 
(1)
 
 
3,761
 
Equity securities
 
 
2,356
 
 
4
 
 
(8)
 
 
2,352
 
 
 
$
116,622
 
$
3,674
 
$
(90)
 
$
120,206
 
Available-for-sale Securities [Table Text Block]
Gains on sales of available for sale securities for the years ended December 31 were as follows:
 
(Dollar amounts in thousands)
 
 
2013
 
 
2012
 
 
 
 
 
 
 
 
 
Proceeds
 
$
27,046
 
$
17,139
 
Gains
 
 
453
 
 
1,360
 
Losses
 
 
(113)
 
 
-
 
Tax provision related to gains
 
 
116
 
 
462
 
Schedule Of Contractual Maturities Of Available For Sale Securities Debt Maturities [Table Text Block]
The following table summarizes scheduled maturities of the Corporation’s debt securities as of December 31, 2013. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. Mortgage-backed securities and collateralized mortgage obligations are not due at a single maturity and are shown separately.
 
(Dollar amounts in thousands)
 
Available for sale
 
 
 
Amortized
 
Fair
 
 
 
Cost
 
Value
 
 
 
 
 
 
 
 
 
Due in one year or less
 
$
1,000
 
$
1,008
 
Due after one year through five years
 
 
19,333
 
 
19,208
 
Due after five through ten years
 
 
40,561
 
 
39,821
 
Due after ten years
 
 
4,116
 
 
3,763
 
U.S. agency mortgage-backed securities: residential
 
 
11,020
 
 
11,361
 
U.S. agency collateralized mortgage obligations: residential
 
 
41,751
 
 
39,722
 
 
 
$
117,781
 
$
114,883
 
Schedule of Unrealized Loss on Investments [Table Text Block]
Information pertaining to securities with gross unrealized losses at December 31, 2013 and 2012 aggregated by investment category and length of time that individual securities have been in a continuous loss position are included in the table below:
 
(Dollar amounts in thousands)
 
Less than 12 Months
 
12 Months or More
 
Total
 
 
 
Fair
 
 
Unrealized
 
Fair
 
Unrealized
 
Fair
 
Unrealized
 
Description of Securities
 
Value
 
 
Loss
 
Value
 
Loss
 
Value
 
Loss
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2013:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Treasury and federal agency
 
$
4,168
 
$
(298)
 
$
-
 
$
-
 
$
4,168
 
$
(298)
 
U.S. government sponsored entities and agencies
 
 
22,891
 
 
(745)
 
 
-
 
 
-
 
 
22,891
 
$
(745)
 
U.S. agency collateralized mortgage obligations: residential
 
 
33,805
 
 
(1,729)
 
 
4,982
 
 
(302)
 
 
38,787
 
$
(2,031)
 
State and political subdivision
 
 
13,262
 
 
(988)
 
 
-
 
 
-
 
 
13,262
 
 
(988)
 
Corporate debt securities
 
 
242
 
 
(9)
 
 
-
 
 
-
 
 
242
 
 
(9)
 
Equity securities
 
 
1,142
 
 
(66)
 
 
-
 
 
-
 
 
1,142
 
 
(66)
 
 
 
$
75,510
 
$
(3,835)
 
$
4,982
 
$
(302)
 
$
80,492
 
$
(4,137)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2012:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. agency collateralized mortgage obligations: residential
 
$
10,698
 
$
(80)
 
$
-
 
$
-
 
$
10,698
 
$
(80)
 
State and political subdivision
 
 
521
 
 
(1)
 
 
-
 
 
-
 
 
521
 
 
(1)
 
Corporate debt securities
 
 
500
 
 
(1)
 
 
-
 
 
-
 
 
500
 
 
(1)
 
Equity securities
 
 
493
 
 
(8)
 
 
-
 
 
-
 
 
493
 
 
(8)
 
 
 
$
12,212
 
$
(90)
 
$
-
 
$
-
 
$
12,212
 
$
(90)