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Securities Available-For-Sale (Tables)

3 Months Ended

Mar. 31, 2017

Investments, Debt and Equity Securities [Abstract]

Unrealized Gain (Loss) on Investments [Table Text Block]

The following tables present information related to the Company’s securities at March 31, 2017 and December 31, 2016 (dollars in thousands):

					Gross			Gross
		Amortized			Unrealized			Unrealized				Fair
March 31, 2017		Cost			Gains			Losses				Value
Securities available-for-sale
Federal agency obligations		$	56,670		$	257		$	(277	)		$	56,650
Residential mortgage pass-through securities			104,850			602			(981	)			104,471
Commercial mortgage pass-through securities			4,153			32			-				4,185
Obligations of U.S. states and political subdivisions			123,913			2,008			(915	)			125,006
Trust preferred securities			4,576			97			(131	)			4,542
Corporate bonds and notes			30,602			242			(297	)			30,547
Asset-backed securities			14,058			23			(112	)			13,969
Certificates of deposit			972			9			-				981
Equity securities			376			232			-				608
Other securities			11,851			-			(334	)			11,517
Total securities available-for-sale		$	352,021		$	3,502		$	(3,047	)		$	352,476
					Gross			Gross
		Amortized			Unrealized			Unrealized				Fair
December 31, 2016		Cost			Gains			Losses				Value
Securities available-for-sale
Federal agency obligations		$	52,826		$	282		$	(271	)		$	52,837
Residential mortgage pass-through securities			72,922			519			(944	)			72,497
Commercial mortgage pass-through securities			4,186			23			-				4,209
Obligations of U.S. states and political subdivisions			148,747			2,789			(931	)			150,605
Trust preferred securities			5,575			242			(151	)			5,666
Corporate bonds and notes			36,717			586			(375	)			36,928
Asset-backed securities			14,867			2			(286	)			14,583
Certificates of deposit			973			10			-				983
Equity securities			376			192			-				568
Other securities			14,739			-			(325	)			14,414
Total securities available-for-sale		$	351,928		$	4,645		$	(3,283	)		$	353,290

Investments Classified by Contractual Maturity Date [Table Text Block]

The following table presents information for securities at March 31, 2017, based on scheduled maturities. Actual maturities can be expected to differ from scheduled maturities due to prepayment or early call options of the issuer.

	March 31, 2017
	Amortized			Fair
	Cost			Value
	(dollars in thousands)
Securities available-for-sale:
Due in one year or less	$	3,467		$	3,504
Due after one year through five years		30,171			30,401
Due after five years through ten years		43,973			44,432
Due after ten years		153,180			153,358
Residential mortgage pass-through securities		104,850			104,471
Commercial mortgage pass-through securities		4,153			4,185
Equity securities		376			608
Other securities		11,851			11,517
Total	$	352,021		$	352,476

Schedule of Realized Gain (Loss) [Table Text Block]

Gross gains and losses from the sales for the three months ended March 31, 2017 and 2016 were as follows:

		Three Months Ended
		March 31,
(dollars in thousands)		2017				2016
Proceeds		$	29,543			$	-
Gross gains on sales of securities			1,596				-
Gross losses on sales of securities			-				-
Net gains on sales of securities			1,596				-
Less: tax provision on net gains			(579	)			-
Net gains on sales of securities, after tax		$	1,017			$	-

Schedule of Unrealized Loss on Investments [Table Text Block]

The following tables indicate gross unrealized losses not recognized in income and fair value, aggregated by investment category and the length of time individual securities have been in a continuous unrealized loss position at March 31, 2017 and December 31, 2016:

		March 31, 2017
		Total							Less than 12 Months							12 Months or Longer
		Fair			Unrealized				Fair			Unrealized				Fair			Unrealized
		Value			Losses				Value			Losses				Value			Losses
		(dollars in thousands)
Securities available-for-sale:
Federal agency obligation		$	31,077		$	(277	)		$	29,864		$	(269	)		$	1,213		$	(8	)
Residential mortgage
pass-through securities			62,928			(981	)			61,465			(946	)			1,463			(35	)
Obligations of U.S. states
and political subdivisions			45,800			(915	)			45,800			(915	)			-			-
Trust preferred securities			1,447			(131	)			-			-				1,447			(131	)
Corporate bonds and notes			14,006			(297	)			2,803			(163	)			11,203			(134	)
Asset-backed securities			8,628			(112	)			-			-				8,628			(112	)
Other securities			11,132			(334	)			-			-				11,132			(334	)
Total temporarily impaired
securities		$	175,018		$	(3,047	)		$	139,932		$	(2,293	)		$	35,086		$	(754	)
		December 31, 2016
		Total							Less than 12 Months							12 Months or Longer
		Fair			Unrealized				Fair			Unrealized				Fair			Unrealized
		Value			Losses				Value			Losses				Value			Losses
										(dollars in thousands)
Securities available-for-sale:
Federal agency obligation		$	22,672		$	(271	)		$	21,416		$	(262	)		$	1,256		$	(9	)
Residential mortgage
pass-through securities			50,136			(944	)			49,817			(937	)			319			(7	)
Obligations of U.S. states
and political subdivisions			52,307			(931	)			52,307			(931	)			-			-
Trust preferred securities			1,427			(151	)			-			-				1,427			(151	)
Corporate bonds and notes			15,930			(375	)			7,671			(265	)			8,259			(110	)
Asset-backed securities			13,404			(286	)			3,743			(88	)			9,661			(198	)
Other securities			11,467			(325	)			-			-				11,467			(325	)
Total temporarily impaired
securities		$	167,343		$	(3,283	)		$	134,954		$	(2,483	)		$	32,389		$	(800	)

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Tabular disclosure of the proceeds from sales of available-for-sale securities and the gross realized gains and gross realized losses that have been included in earnings as a result of those sales.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 9
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+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 6
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