v2.4.0.6
Investments (Tables)
9 Months Ended
Sep. 30, 2013
Investments [Abstract]  
Held-to-maturity Securities [Table Text Block]
Below is a summary of the amortized cost and estimated market values of the Company’s investment securities as of as of September 30, 2013 and December 31, 2012.
 
 
 
September 30, 2013
 
December 31, 2012
 
 
 
Amortized
 
Market
 
Amortized
 
Market
 
 
 
Cost
 
Value
 
Cost
 
Value
 
 
 
(Dollars in thousands)
 
Municipal bonds:
 
 
 
 
 
 
 
 
 
 
 
 
 
Current
 
$
5,875
 
$
5,949
 
$
8,004
 
$
8,117
 
Due from one through five years
 
 
19,941
 
 
20,900
 
 
25,384
 
 
26,620
 
Due from six through ten years
 
 
8,344
 
 
8,797
 
 
10,832
 
 
11,756
 
Total
 
$
34,160
 
$
35,646
 
$
44,220
 
$
46,493
 
Unrealized Gain (Loss) on Investments [Table Text Block]
The unrealized gains and losses on investment securities as of September 30, 2013 and December 31, 2012 were as follows:
 
 
 
September 30, 2013
 
December 31, 2012
 
 
 
Unrealized
 
Unrealized
 
Unrealized
 
Unrealized
 
 
 
Gains
 
Losses
 
Gains
 
Losses
 
 
 
(Dollars in thousands)
 
Municipal bonds
 
$
1,486
 
$
-
 
$
2,473
 
$
200