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Securities (Tables)

12 Months Ended

Dec. 31, 2016

Securities [Abstract]

Book values and approximate fair values of investment securities

The book values and approximate fair values of investment securities at December 31, 2016 and 2015 are summarized as follows:

		2016																2015
		Amortized				Fair				Unrealized								Amortized				Fair				Unrealized
($ in thousands)		Cost				Value				Gains				(Losses)				Cost				Value				Gains				(Losses)
Securities available for sale:
Government-sponsored enterprise securities		$	17,497				17,490				—				(7	)			19,000				18,972				1				(29	)
Mortgage-backed securities			151,001				148,065				155				(3,091	)			122,474				121,553				348				(1,269	)
Corporate bonds			33,833				33,600				91				(324	)			25,216				24,946				—				(270	)
Equity securities			83				174				96				(5	)			88				143				64				(9	)
Total available for sale		$	202,414				199,329				342				(3,427	)			166,778				165,614				413				(1,577	)
Securities held to maturity:
Mortgage-backed securities		$	80,585				79,283				—				(1,302	)			102,509				101,767				—				(742	)
State and local governments			49,128				50,912				1,815				(31	)			52,101				55,379				3,284				(6	)
Total held to maturity		$	129,713				130,195				1,815				(1,333	)			154,610				157,146				3,284				(748	)

Schedule of information regarding securities with unrealized losses

The following table presents information regarding securities with unrealized losses at December 31, 2016:

($ in thousands)		Securities in an Unrealized Loss Position for Less than 12 Months								Securities in an Unrealized Loss Position for More than 12 Months								Total
		Fair Value				Unrealized Losses				Fair Value				Unrealized Losses				Fair Value				Unrealized Losses
Government-sponsored enterprise securities		$	7,990				7				—				—				7,990				7
Mortgage-backed securities			196,999				3,841				19,001				552				216,000				4,393
Corporate bonds			27,027				259				935				65				27,962				324
Equity securities			—				—				7				5				7				5
State and local governments			801				31				—				—				801				31
Total temporarily impaired securities		$	232,817				4,138				19,943				622				252,760				4,760

The following table presents information regarding securities with unrealized losses at December 31, 2015:

($ in thousands)		Securities in an Unrealized Loss Position for Less than 12 Months								Securities in an Unrealized Loss Position for More than 12 Months								Total
		Fair Value				Unrealized Losses				Fair Value				Unrealized Losses				Fair Value				Unrealized Losses
Government-sponsored enterprise securities		$	5,993				7				2,978				22				8,971				29
Mortgage-backed securities			150,853				1,148				27,460				863				178,313				2,011
Corporate bonds			24,006				210				940				60				24,946				270
Equity securities			—				—				17				9				17				9
State and local governments			840				6				—				—				840				6
Total temporarily impaired securities		$	181,692				1,371				31,395				954				213,087				2,325

Schedule of book values and approximate fair values of investment securities by contractual maturity

The book values and approximate fair values of investment securities at December 31, 2016, by contractual maturity, are summarized in the table below. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties.

		Securities Available for Sale								Securities Held to Maturity
		Amortized				Fair				Amortized				Fair
($ in thousands)		Cost				Value				Cost				Value
Debt securities
Due within one year		$	—				—			$	2,016				2,028
Due after one year but within five years			17,497				17,490				16,256				16,767
Due after five years but within ten years			28,833				28,682				29,690				30,981
Due after ten years			5,000				4,918				1,166				1,136
Mortgage-backed securities			151,001				148,065				80,585				79,283
Total debt securities			202,331				199,155				129,713				130,195
Equity securities			83				174				—				—
Total securities		$	202,414				199,329			$	129,713				130,195

X

- Definition

Schedule of investment securities which includes, but is not limited to, amortized cost basis, fair value, and gross unrealized gain (loss) values by type of security.

+ References

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- Definition

Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments.

+ References

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- Definition

For all investments in an unrealized loss position, including those for which other-than-temporary impairments have not been recognized in earnings (including investments for which a portion of an other-than-temporary impairment has been recognized in other comprehensive income), a tabular disclosure of the aggregate related fair value of investments with unrealized losses and the aggregate amount of unrealized losses (that is, the amount by which amortized cost basis exceeds fair value).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=73527792&loc=d3e27290-111563

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