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SECURITIES (Tables)

9 Months Ended

Sep. 30, 2016

Investments, Debt and Equity Securities [Abstract]

Schedule of fair value of securities available for sale

The fair value of securities available for sale and the related gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) were as follows:

		September 30, 2016
							Gross				Gross
(Dollars in thousands)			Amortized				Unrealized				Unrealized				Fair
			Cost				Gains				Losses				Value
U.S. Government and federal agency		$	64,440			$	381			$	(17	)		$	64,804
U.S. Treasury			2,074				43				(1	)			2,116
State and municipal			87,661				2,878				(25	)			90,514
Mortgage-backed			8,511				62				(14	)			8,559
Corporate			7,370				64				(1	)			7,433
Foreign debt			1,000				2				—				1,002
Equity securities			2,614				204				—				2,818
Asset-backed securities			202				—				(4	)			198
Total		$	173,872			$	3,634			$	(62	)		$	177,444

		December 31, 2015
							Gross				Gross
			Amortized				Unrealized				Unrealized				Fair
			Cost				Gains				Losses				Value
U.S. Government and federal agency		$	57,406			$	30			$	(229	)		$	57,207
U.S. Treasury			6,133				0				(33	)			6,100
State and municipal			76,005				1,858				(109	)			77,754
Mortgage-backed			6,989				26				(45	)			6,970
Corporate			8,418				8				(39	)			8,387
Foreign debt			1,000				—				(5	)			995
Equity securities			2,279				174				—				2,453
Asset-backed securities			274				—				(4	)			270
Total		$	158,504			$	2,096			$	(464	)		$	160,136

Schedule of expected maturities of available for sale securities

Contractual maturities of securities available for sale at September 30, 2016 were as follows:

(Dollars in thousands)			Fair
			Value
Due within one year		$	31,758
Due after one year through five years			95,744
Due after five years through ten years			44,022
Due after ten years			3,103
Total debt securities			174,627
Equity securities			2,817
Total		$	177,444

Schedule of securities in a continuous unrealized loss position

Securities with unrealized losses at September 30, 2016 and year-end 2015, aggregated by investment category and length of time the individual securities have been in a continuous unrealized loss position, were as follows:

		September 30, 2016
		Less than 12 months								More than 12 months								Total
(Dollars in thousands)		Fair				Unrealized				Fair				Unrealized				Fair				Unrealized
		Value				Losses				Value				Losses				Value				Losses
U.S. Government and federal agency		$	7,551			$	(18	)		$	—			$	—			$	7,551			$	(18	)
State and municipal			3,506				(19	)			260				(5	)			3,766				(24	)
Mortgage-backed			2,827				(12	)			280				(1	)			3,107				(13	)
Corporate			501				(1	)			399				(1	)			900				(2	)
Asset-backed securities			—				—				198				(5	)			198				(5	)
Total temporarily impaired		$	14,385			$	(50	)		$	1,137			$	(12	)		$	15,522			$	(62	)

		December 31, 2015
		Less than 12 months								More than 12 months								Total
(Dollars in thousands)		Fair				Unrealized				Fair				Unrealized				Fair				Unrealized
		Value				Losses				Value				Losses				Value				Losses
U.S. Government and federal agency		$	38,567			$	(216	)		$	986			$	(13	)		$	39,553			$	(229	)
U.S. Treasury notes and bonds			6,101				(33	)			—				—				6,101				(33	)
State and municipal			10,382				(69	)			2,906				(40	)			13,288				(109	)
Mortgage-backed			4,459				(41	)			382				(4	)			4,841				(45	)
Corporate			4,284				(33	)			896				(6	)			5,180				(39	)
Foreign debt			995				(5	)			—				—				995				(5	)
Asset-backed securities			—				—				270				(4	)			270				(4	)
Total temporarily impaired		$	64,788			$	(397	)		$	5,440			$	(67	)		$	70,228			$	(464	)