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Securities Available-For-Sale (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2017 and December 31, 2016:

				Gross			Gross
	Amortized			Unrealized			Unrealized				Fair
June 30, 2017	Cost			Gains			Losses				Value
	(dollars in thousands)
Securities available-for-sale
Federal agency obligations	$	59,509		$	317		$	(181	)		$	59,645
Residential mortgage pass-through securities		140,963			635			(1,198	)			140,400
Commercial mortgage pass-through securities		4,120			53			-				4,173
Obligations of U.S. states and political subdivisions		135,181			2,309			(1,136	)			136,354
Trust preferred securities		4,576			83			(73	)			4,586
Corporate bonds and notes		30,352			252			(316	)			30,288
Asset-backed securities		13,293			48			(60	)			13,281
Certificates of deposit		622			7			-				629
Equity securities		377			227			-				604
Other securities		12,454			-			(284	)			12,170
Total securities available-for-sale	$	401,447		$	3,931		$	(3,248	)		$	402,130
				Gross			Gross
	Amortized			Unrealized			Unrealized				Fair
December 31, 2016	Cost			Gains			Losses				Value
	(dollars in thousands)
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 June 30, 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.

	June 30, 2017
	Amortized			Fair
	Cost			Value
	(dollars in thousands)
Securities available-for-sale:
Due in one year or less	$	5,577		$	5,602
Due after one year through five years		29,846			30,058
Due after five years through ten years		39,632			40,261
Due after ten years		168,478			168,862
Residential mortgage pass-through securities		140,963			140,400
Commercial mortgage pass-through securities		4,120			4,173
Equity securities		377			604
Other securities		12,454			12,170
Total	$	401,447		$	402,130

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

Gross gains and losses from the sales, calls and maturities of securities for periods presented were as follows:

		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2017			2016			2017				2016
		(dollars in thousands)
Proceeds		$	-		$	6,573		$	29,543			$	6,573
Gross gains on sales of securities			-			103			1,596				103
Gross losses on sales of securities			-			-			-				-
Net gains on sales of securities			-			103			1,596				103
Less: tax provision on net gains			-			42			(579	)			42
Net gains on sales of securities, after tax		$	-		$	61		$	1,017			$	61

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 June 30, 2017 and December 31, 2016:

		June 30, 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		$	22,344		$	(181	)		$	21,184		$	(177	)		$	1,160		$	(4	)
Residential mortgage pass-through securities			88,378			(1,198	)			86,925			(1,161	)			1,453			(37	)
Obligations of U.S. states and political subdivisions			58,315			(1,136	)			58,315			(1,136	)			-			-
Trust preferred securities			1,505			(73	)			-			-				1,505			(73	)
Corporate bonds and notes			16,292			(316	)			7,086			(164	)			9,206			(152	)
Asset-backed securities			8,249			(60	)			-			-				8,249			(60	)
Other securities			11,182			(284	)			5,905			(61	)			5,277			(223	)
Total temporarily impaired securities		$	206,265		$	(3,248	)		$	179,415		$	(2,699	)		$	26,850		$	(549	)
		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

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 9
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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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