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Securities (Tables)
3 Months Ended
Mar. 31, 2016
Investments, Debt and Equity Securities [Abstract]  
Schedule Of Available For Sale Securities and Held To Maturity Reconciliation [Table Text Block]
The amortized cost and fair value of securities available-for-sale at March 31, 2016 and December 31, 2015 are summarized as follows (in thousands):
 
 
 
March 31, 2016
 
 
 
 
 
 
Gross
 
Gross
 
 
 
 
 
 
Amortized
 
Unrealized
 
Unrealized
 
Fair
 
 
 
Cost
 
Gains
 
Losses
 
Value
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Government-sponsored enterprises (GSEs)
 
$
17,732
 
$
97
 
$
-
 
$
17,829
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Municipal securities
 
 
7,582
 
 
83
 
 
(1)
 
 
7,664
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage-backed securities
 
 
131,905
 
 
593
 
 
(430)
 
 
132,068
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
157,219
 
$
773
 
$
(431)
 
$
157,561
 
 
 
 
December 31, 2015
 
 
 
 
 
 
Gross
 
Gross
 
 
 
 
 
 
Amortized
 
Unrealized
 
Unrealized
 
Fair
 
 
 
Cost
 
Gains
 
Losses
 
Value
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Government-sponsored enterprises (GSEs)
 
$
22,745
 
$
48
 
$
(50)
 
$
22,743
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Municipal securities
 
 
7,614
 
 
52
 
 
(17)
 
 
7,649
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage-backed securities
 
 
136,625
 
 
375
 
 
(979)
 
 
136,021
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
166,984
 
$
475
 
$
(1,046)
 
$
166,413
 
Investments Classified by Contractual Maturity Date [Table Text Block]
Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.
 
 
 
Amortized
 
Fair
 
 
 
Cost
 
Value
 
Due in one year or less
 
$
1,949
 
$
1,952
 
Due from one year to five years
 
 
12,899
 
 
12,946
 
Due from five years to ten years
 
 
5,356
 
 
5,429
 
Due after ten years
 
 
5,110
 
 
5,166
 
 
 
 
25,314
 
 
25,493
 
Mortgage-backed securities
 
 
131,905
 
 
132,068
 
 
 
 
 
 
 
 
 
 
 
$
157,219
 
$
157,561
 
Schedule of Unrealized Loss on Investments [Table Text Block]
The following tables present the gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities available-for-sale have been in a continuous unrealized loss position, as of March 31, 2016 and December 31, 2015 (in thousands):
 
 
 
As of March 31, 2016
 
 
 
Less than 12 Months
 
12 Months or Greater
 
Total
 
 
 
 
 
 
Gross
 
 
 
 
Gross
 
 
 
 
Gross
 
 
 
Fair
 
Unrealized
 
Fair
 
Unrealized
 
Fair
 
Unrealized
 
 
 
Value
 
Losses
 
Value
 
Losses
 
Value
 
Losses
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Municipal securities
 
 
534
 
 
(1)
 
 
-
 
 
-
 
 
534
 
 
(1)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage-backed securities
 
 
34,957
 
 
(136)
 
 
12,127
 
 
(294)
 
 
47,084
 
 
(430)
 
 
 
$
35,491
 
$
(137)
 
$
12,127
 
$
(294)
 
$
47,618
 
$
(431)
 
 
 
 
As of December 31, 2015
 
 
 
Less than 12 Months
 
12 Months or Greater
 
Total
 
 
 
 
 
 
Gross
 
 
 
 
Gross
 
 
 
 
Gross
 
 
 
Fair
 
Unrealized
 
Fair
 
Unrealized
 
Fair
 
Unrealized
 
 
 
Value
 
Losses
 
Value
 
Losses
 
Value
 
Losses
 
U.S. Government- sponsored enterprises (GSEs)
 
$
8,464
 
$
(50)
 
$
-
 
$
-
 
$
8,464
 
$
(50)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Municipal securities
 
 
2,456
 
 
(17)
 
 
-
 
 
-
 
 
2,456
 
 
(17)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage-backed securities
 
 
72,641
 
 
(470)
 
 
16,325
 
 
(509)
 
 
88,966
 
 
(979)
 
 
 
$
83,561
 
$
(537)
 
$
16,325
 
$
(509)
 
$
99,886
 
$
(1,046)