XML 31 R20.htm IDEA: XBRL DOCUMENT v3.8.0.1

SECURITIES AVAILABLE FOR SALE (Tables)

9 Months Ended

Sep. 30, 2017

Investments, Debt and Equity Securities [Abstract]

Amortized Cost and Fair Values of Investment Securities Available for Sale

The following table summarizes amortized cost and fair value of AFS securities at September 30, 2017 and December 31, 2016, and the corresponding amounts of gross unrealized gains and losses recognized in AOCI. At September 30, 2017 and December 31, 2016, all investment securities were classified as AFS.

(Dollars in thousands)	Amortized Cost				Gross Unrealized Gains				Gross Unrealized Losses				Fair Value
September 30, 2017
States and political subdivisions	$	153,951			$	4,788			$	479			$	158,260
GSE residential MBSs	50,699				876				23				51,552
GSE residential CMOs	116,411				695				3,207				113,899
Private label residential CMOs	2,400				10				12				2,398
Private label commercial CMOs	7,820				0				149				7,671
Asset-backed	87,729				1				164				87,566
Total debt securities	419,010				6,370				4,034				421,346
Equity securities	50				59				0				109
Totals	$	419,060			$	6,429			$	4,034			$	421,455
December 31, 2016
U.S. Government Agencies	$	39,569			$	147			$	124			$	39,592
States and political subdivisions	163,677				1,782				1,177				164,282
GSE residential MBSs	116,022				928				6				116,944
GSE residential CMOs	72,411				240				3,268				69,383
GSE commercial CMOs	5,148				0				292				4,856
Private label residential CMOs	5,042				0				36				5,006
Total debt securities	401,869				3,097				4,903				400,063
Equity securities	50				41				0				91
Totals	$	401,919			$	3,138			$	4,903			$	400,154

Gross Unrealized Losses and Fair Value of Company's Available for Sale Securities

The following table summarizes AFS securities with unrealized losses at September 30, 2017 and December 31, 2016, aggregated by major security type and length of time in a continuous unrealized loss position.

	Less Than 12 Months										12 Months or More										Total
(Dollars in thousands)	# of Securities		Fair Value				Unrealized Losses				# of Securities		Fair Value				Unrealized Losses				# of Securities		Fair Value				Unrealized Losses
September 30, 2017
States and political subdivisions	10		$	28,872			$	355			1		$	5,480			$	124			11		$	34,352			$	479
GSE residential MBSs	1		4,304				23				0		0				0				1		4,304				23
GSE residential CMOs	4		25,421				1,180				5		37,977				2,027				9		63,398				3,207
Private label residential CMOs	0		0				0				1		980				12				1		980				12
Private label commercial CMOs	2		7,671				149				0		0				0				2		7,671				149
Asset-backed	7		70,416				164				0		0				0				7		70,416				164
Totals	24		$	136,684			$	1,871			7		$	44,437			$	2,163			31		$	181,121			$	4,034
December 31, 2016
U.S. Government Agencies	6		$	10,710			$	23			2		$	13,531			$	101			8		$	24,241			$	124
States and political subdivisions	25		58,924				610				1		5,075				567				26		63,999				1,177
GSE residential MBSs	1		5,034				6				0		0				0				1		5,034				6
GSE residential CMOs	6		59,534				3,264				1		634				4				7		60,168				3,268
GSE commercial CMOs	1		4,856				292				0		0				0				1		4,856				292
Private label residential CMOs	0		0				0				3		5,005				36				3		5,005				36
Totals	39		$	139,058			$	4,195			7		$	24,245			$	708			46		$	163,303			$	4,903

Schedule of Amortized Cost and Fair Values of Securities Available for Sale by Contractual Maturity

The following table summarizes amortized cost and fair value of AFS securities at September 30, 2017 by contractual maturity. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately.

	Available for Sale
(Dollars in thousands)	Amortized Cost				Fair Value
Due in one year or less	$	15			$	15
Due after one year through five years	8,727				8,968
Due after five years through ten years	47,696				48,932
Due after ten years	97,513				100,345
MBSs and CMOs	177,330				175,520
Asset-backed	87,729				87,566
Total debt securities	419,010				421,346
Equity securities	50				109
	$	419,060			$	421,455

Proceeds From Sale of Available for Sale Securities

The following table summarizes proceeds from sales of AFS securities and gross gains and gross losses for the three and nine months ended September 30, 2017 and 2016.

	Three months ended September 30,								Nine months ended September 30,
(Dollars in thousands)	2017				2016				2017				2016
Proceeds from sale of AFS securities	$	103,666			$	0			$	162,319			$	64,742
Gross gains	670				0				1,477				1,468
Gross losses	137				0				287				48

X

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 320
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=75019621&loc=d3e62557-112803

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27337-111563

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27198-111563

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 320
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75019621&loc=d3e62586-112803

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27161-111563

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27357-111563

Reference 7: 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=82897076&loc=d3e27290-111563

+ Details

Name:	us-gaap_AvailableForSaleSecuritiesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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

+ References

No definition available.

+ Details

Name:	us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27357-111563

+ Details

Name:	us-gaap_ScheduleOfRealizedGainLossTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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=82897076&loc=d3e27290-111563

+ Details

Name:	us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration