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SECURITIES (Tables)

12 Months Ended

Dec. 31, 2016

Investments, Debt and Equity Securities [Abstract]

Unrealized Gain (Loss) on Investments

Amortized cost and fair value at December 31, 2016 and 2015, were as follows:

In thousands	Amortized Cost				Gross Unrealized Gains				Gross Unrealized Losses				Fair Value
SECURITIES AVAILABLE FOR SALE
December 31, 2016
U.S. Government and agencies	$	81,065			$	43			$	1,529			$	79,579
Mortgage-backed securities, residential	31,272				782				81				31,973
State and municipal	24,514				240				94				24,660
Corporate bonds	5,000				62				—				5,062
CRA mutual fund	1,044				—				9				1,035
Stock in other banks	498				183				—				681
	$	143,393			$	1,310			$	1,713			$	142,990
December 31, 2015
U.S. Government and agencies	$	46,218			$	124			$	313			$	46,029
Mortgage-backed securities, residential	41,528				1,336				25				42,839
State and municipal	27,437				642				1				28,078
Corporate bonds	7,000				20				65				6,955
CRA mutual fund	1,044				9				—				1,053
Stock in other banks	702				49				12				739
	$	123,929			$	2,180			$	416			$	125,693
SECURITIES HELD TO MATURITY
December 31, 2016
U.S. Government and agencies	$	23,017			$	26			$	54			$	22,989
Mortgage-backed securities, residential	32,551				210				325				32,436
	$	55,568			$	236			$	379			$	55,425
December 31, 2015
U.S. Government and agencies	$	31,044			$	27			$	176			$	30,895
Mortgage-backed securities, residential	40,498				232				262				40,468
	$	71,542			$	259			$	438			$	71,363

Schedule of Unrealized Loss on Investments

The following table shows the Corporation’s investments’ gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at December 31, 2016 and 2015:

	Less than 12 Months								12 Months or More								Total
In thousands	Fair Value				Unrealized Losses				Fair Value				Unrealized Losses				Fair Value				Unrealized Losses
SECURITIES AVAILABLE FOR SALE
December 31, 2016
U.S. Government and agencies	$	71,454			$	1,529			$	—			$	—			$	71,454			$	1,529
Mortgage-backed securities, residential	8,966				81				—				—				8,966				81
State and municipal	4,933				94				—				—				4,933				94
CRA Mutual Fund	1,035				9				—				—				1,035				9
	$	86,388			$	1,713			$	—			$	—			$	86,388			$	1,713
December 31, 2015
U.S. Government and agencies	$	31,992			$	313			$	—			$	—			$	31,992			$	313
Mortgage-backed securities, residential	4,855				25				—				—				4,855				25
State and municipal	909				1				—				—				909				1
Corporate bonds	4,935				65				—				—				4,935				65
Stock in other banks	191				12				—				—				191				12
	$	42,882			$	416			$	—			$	—			$	42,882			$	416
SECURITIES HELD TO MATURITY
December 31, 2016
U.S. Government and agencies	$	12,946			$	54			$	—			$	—			$	12,946			$	54
Mortgage-backed securities, residential	12,956				325				—				—				12,956				325
	$	25,902			$	379			$	—			$	—			$	25,902			$	379
December 31, 2015
U.S. Government and agencies	$	18,959			$	83			$	6,907			$	93			$	25,866			$	176
Mortgage-backed security, residential	3,109				13				15,420				249				18,529				262
	$	22,068			$	96			$	22,327			$	342			$	44,395			$	438

Investments Classified by Contractual Maturity Date

Amortized cost and fair value at December 31, 2016, by contractual maturity, where applicable, are shown below. Expected maturities will differ from contractual maturities because issuers may have the right to call or prepay with or without penalties.

	Available for Sale								Held to Maturity
In thousands	Amortized Cost				Fair Value				Amortized Cost				Fair Value
1 year or less	$	4,352			$	4,383			$	4,017			$	4,020
Over 1 year through 5 years	84,974				83,928				19,000				18,969
Over 5 years through 10 years	21,055				20,808				—				—
Over 10 years	198				182				—				—
Mortgage-backed securities, residential	31,272				31,973				32,551				32,436
CRA mutual fund	1,044				1,035				—				—
Stock in other banks	498				681				—				—
	$	143,393			$	142,990			$	55,568			$	55,425

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

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- 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=73527792&loc=d3e27290-111563

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Tabular disclosure of unrealized gains and losses on investments.

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