Note 3. Investment Securities  The amortized cost and fair values of investment securities are as follows:  December 31,2012  Available for Sale  Mortgage backed securities  Equity securities  Held to Maturity  State and municipal  Mortgage backed securities  Total Investment Securities  December 31,2011  Available for Sale  U.S. Treasury and Agency  Mortgage backed securities  Equity securities  Held to Maturity  State and municipal  Mortgage backed securities  Total Investment Securities  Amortized  Cost  $ 40,931,965 $  860,751  41,792,716  12,804,115  13,629  12,817,744  $ 54,610,460 $  $ 7,250,000 $  40,213,147  933,759  48,396,906  12,885,890  32,099  12,917,989  $ 61,314,895 $  Gross  Unrealized  Gains  281,110  42,237  323,347  753,220  76  753,296  1,076,643  75,164  267,592  2,365  345,121  305,052  907  305,959  651,080  Gross  Unrealized  Losses  $ 112,131  47,235  159,366  2,500  - 2,500  $ 161,866  $ 9,900  64,923  142,666  217,489  91,581  - 91,581  $ 309,070  Fair  Value  $ 41,100,944  855,753  41,956,697  13,554,835  13,705  13,568,540  $ 55,525,237  $ 7,315,264  40,415,816  793,458  48,524,538  13,099,361  33,006  13,132,367  $ 61,656,905  Proceeds fi-om sales, calls and n  laturities of availab  e for sale s  ecurities during  2012 and 2011 were  $28,084,238 and $5,866,998, resulting in gains of $30,437 and $66,445 for 2012 and 2011, respectively.  During 2012 and 2011, held to maturity securities  respectively, were either called or matured resulting  with book values of $808,486 and $2,678,341,  in no gain oi • loss for both years.  The amortized cost and fair value of investment securities at December 31, .  maturity, are shown below. Expected maturities  borrowers may have the right to call or prepay obligat  2012, by contractual  will differ fi-om contractual maturities because  ions with or without prepayment penalties.  12  (Continued)  BLUE RIDGE BANKSHARES, INC.  NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS  December 31,2012 