Investments are accounted for under the cost method of accounting. This method requires us to periodically evaluate whether a non-temporary decrease in the value of the investment has occurred, and if so, to write this investment down to its net realizable value.
(Dollars in thousands) | | 2013 | | | 2012 | |
CoBank, ACB Stock | | $ | 2,357 | | | $ | 2,180 | |
RTFC Subordinated Capital Certificates | | | 842 | | | | 837 | |
Other | | | 215 | | | | 196 | |
Total investments | | $ | 3,414 | | | $ | 3,213 | |
