Investment Securities (Tables)

6 Months Ended

Jun. 30, 2017

Securities Financing Transactions Disclosures [Abstract]

The amortized cost, fair value, and unrealized gains and losses on investment securities at June 30, 2017 and December 31, 2016 are as follows:

(Dollars in thousands)	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
June 30, 2017
Available-for-sale securities:
U.S. Treasury and U.S. government agencies	$	42,629	$	-	$	858	$	41,771
Mortgage-backed U.S. government agencies		28,543		3		307		28,239
State and political subdivision obligations		39,539		70		514		39,095
Corporate debt securities		1,100		5		-		1,105
Equity securities		1,168		15		40		1,143
Total available-for-sale securities		112,979		93		1,719		111,353
Held-to-maturity securities:
U.S. Treasury and U.S. government agencies		10,984		24		5		11,003
Mortgage-backed U.S. government agencies		51,248		72		99		51,221
State and political subdivision obligations		8,864		120		9		8,975
Corporate debt securities		-		-		-		-
Equity securities		-		-		-		-
Total held-to-maturity securities		71,096		216		113		71,199
Total	$	184,075	$	309	$	1,832	$	182,552

(Dollars in thousands)	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
December 31, 2016
Available-for-sale securities:
U.S. Treasury and U.S. government agencies	$	48,520	$	34	$	1,542	$	47,012
Mortgage-backed U.S. government agencies		26,181		17		579		25,619
State and political subdivision obligations		61,079		91		2,332		58,838
Corporate debt securities		1,100		-		-		1,100
Equity securities		1,168		-		112		1,056
Total available-for-sale securities	$	138,048	$	142	$	4,565	$	133,625

Schedule of Fair Value and Unrealized Loss on Investments in a Continuous Unrealized Loss Position

The following tables present gross unrealized losses and fair value of investments aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at June 30, 2017 and December 31, 2016.

(Dollars in thousands)	Less Than 12 Months					12 Months or More					Total
	Number					Number					Number
	of	Fair		Unrealized		of	Fair		Unrealized		of	Fair		Unrealized
June 30, 2017	Securities	Value		Losses		Securities	Value		Losses		Securities	Value		Losses
Available-for-sale securities:
U.S. Treasury and U.S. government agencies	21	$	39,077	$	852	1	$	2,694	$	6	22	$	41,771	$	858
Mortgage-backed U.S. government agencies	18		26,466		291	1		535		16	19		27,001		307
State and political subdivision obligations	48		24,121		381	7		3,845		133	55		27,966		514
Equity securities	0		-		-	1		550		40	1		550		40
Total temporarily impaired available-for-sale securities	87		89,664		1,524	10		7,624		195	97		97,288		1,719
Held-to-maturity securities:
U.S. Treasury and U.S. government agencies	2		4,991		5	0		-		-	2		4,991		5
Mortgage-backed U.S. government agencies	14		22,879		99	0		-		-	14		22,879		99
State and political subdivision obligations	3		1,536		9	0		-		-	3		1,536		9
Total temporarily impaired held-to-maturity securities	19		29,406		113	0		-		-	19		29,406		113
Total	106	$	119,070	$	1,637	10	$	7,624	$	195	116	$	126,694	$	1,832

(Dollars in thousands)	Less Than 12 Months					12 Months or More						Total
	Number					Number						Number
	of	Fair		Unrealized		of	Fair		Unrealized			of	Fair		Unrealized
December 31, 2016	Securities	Value		Losses		Securities	Value		Losses			Securities	Value		Losses
Available-for-sale securities:
U.S. Treasury and U.S. government agencies	23	$	43,698	$	1,542	0	$	-		$	-	23	$	43,698	$	1,542
Mortgage-backed U.S. government agencies	18		24,321		579	0		-			-	18		24,321		579
State and political subdivision obligations	108		50,582		2,332	0		-			-	108		50,582		2,332
Equity securities	0		-		-	2		1,056			112	2		1,056		112
Total temporarily impaired available-for-sale securities	149	$	118,601	$	4,453	2	$	1,056		$	112	151	$	119,657	$	4,565

Investments Classified by Contractual Maturity Date

(Dollars in thousands)	Available-for-sale				Held-to-maturity
	Amortized		Fair		Amortized		Fair
June 30, 2017	Cost		Value		Cost		Value
Due in 1 year or less	$	1,293	$	1,292	$	-	$	-
Due after 1 year but within 5 years		20,311		20,178		14,486		14,546
Due after 5 years but within 10 years		47,618		46,801		5,362		5,432
Due after 10 years		14,046		13,700		-		-
		83,268		81,971		19,848		19,978
Mortgage-backed securities		28,543		28,239		51,248		51,221
Equity securities		1,168		1,143		-		-
	$	112,979	$	111,353	$	71,096	$	71,199