Securities (Tables)

6 Months Ended

Jun. 30, 2012

Investments, Debt and Equity Securities [Abstract]

Schedule of amortized cost and estimated fair value of securities with gross unrealized gains and losses

	As of June 30, 2012
			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
(Dollars in Thousands)	Cost		Gains		Losses		Value

Securities Available for sale
Debt Securities:
U.S. Government and federal agencies	$	1,715	$	13	$	—	$	1,728
States & political subdivisions		534		—		4		530
U.S. Agency REMIC		36,842		78		309		36,611
U.S. Agency MBS		33,093		316		33		33,376
Total securities available for sale	$	72,184	$	407	$	346	$	72,245
Securities Held to Maturity
Debt Securities:
U.S. Government and federal agencies	$	—	$	—	$	—	$	—
Total securities held to maturity	$	—	$	—	$	—	$	—

	As of December 31, 2011
Securities Available for Sale
Debt Securities:
U.S. Government and federal agencies	$	13,385	$	305	$	—	$	13,690
States & political subdivisions		1,701		94		—		1,795
U.S. Agency REMIC		38,917		338		217		39,038
U.S. Agency MBS		18,683		18		88		18,613
Total securities available for sale	$	72,686	$	755	$	305	$	73,136

Securities Held to Maturity
Debt Securities:
U.S. Government and federal agencies	$	1,002	$	11	$	—	$	1,013
Total securities held to maturity	$	1,002	$	11	$	—	$	1,013

Schedule of carrying amount of debt securities by contractual maturity

			After 1		After 5
	Within		year through		years Through		Over
(Dollars in Thousands)	1 year		5 years		10 years		10 years		Total

Available for sale, at fair value
U.S. Government and federal agencies	$	—	$	—	$	1,728	$	—	$	1,728
States & political subdivisions		—		—		530		—		530
U.S. Agency REMIC		—		—		3,437		33,174		36,611
U.S. Agency MBS		—		—		16,849		16,527		33,376
Total	$	—	$	—	$	22,544	$	49,701	$	72,245

Securities Held to Maturity, at cost
U.S. Government and federal agencies	$	—	$	—	$	—	$	—	$	—
Total	$	—	$	—	$	—	$	—	$	—

Schedule of securities with gross unrealized losses

Information pertaining to securities with gross unrealized losses at June 30, 2012 and December 31, 2011 aggregated by investment category and length of time that individual securities have been in a continuous loss position, follows:

	June 30, 2012
	Less Than Twelve Months				Over Twelve Months
	Gross				Gross				Total
	Unrealized				Unrealized				Unrealized
(Dollars in Thousands)	Losses		Fair Value		Losses		Fair Value		Losses
Securities Available for sale
Debt Securities:
States & political subdivisions	$	4	$	530	$	—	$	—	$	4
U.S. Agency REMIC		309		27,865		—		—		309
U.S. Agency MBS		33		7,576		—		—		33
Total securities available for sale	$	346	$	35,971	$	—	$	—	$	346

	December 31, 2011
	Less Than Twelve Months				Over Twelve Months
	Gross				Gross				Total
	Unrealized				Unrealized				Unrealized
(Dollars in Thousands)	Losses		Fair Value		Losses		Fair Value		Losses
Securities Available for sale
Debt Securities:
U.S. Agency REMIC	$	217	$	23,460	$	—	$	—	$	217
U.S. Agency MBS		88		14,536		—		—		88
Total securities available for sale	$	305	$	37,996	$	—	$	—	$	305

- Definition

Tabular disclosure of marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets.

+ References+ Details

FLORIDIAN FINANCIAL GROUP INC 10-Q/A