v2.4.0.6
Investments (Tables)
3 Months Ended
Mar. 31, 2014
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 March 31, 2014, and December 31, 2013.
 
 
 
March 31, 2014
 
December 31, 2013
 
 
 
Amortized
 
Market
 
Amortized
 
Market
 
 
 
Cost
 
Value
 
Cost
 
Value
 
 
 
(Dollars in thousands)
 
Municipal bonds:
 
 
 
 
 
 
 
 
 
 
 
 
 
Current
 
$
5,544
 
$
5,608
 
$
5,196
 
$
5,264
 
Due from one through five years
 
 
15,498
 
 
16,372
 
 
17,636
 
 
18,527
 
Due from six through ten years
 
 
9,829
 
 
10,269
 
 
7,388
 
 
7,777
 
Due from eleven through twenty years
 
 
495
 
 
491
 
 
-
 
 
-
 
Total
 
$
31,366
 
$
32,740
 
$
30,220
 
$
31,568
 
Unrealized Gain (Loss) on Investments [Table Text Block]
The unrealized gains and losses on investment securities at March 31, 2014, and at December 31, 2013, were as follows:
 
 
 
March 31, 2014
 
December 31, 2013
 
 
 
Unrealized
 
Unrealized
 
Unrealized
 
Unrealized
 
 
 
Gains
 
Losses
 
Gains
 
Losses
 
 
 
(Dollars in thousands)
 
Municipal bonds
 
$
1,395
 
$
21
 
$
1,348
 
$
-