XML 25 R14.htm IDEA: XBRL DOCUMENT v3.5.0.2

Securities (Tables)

6 Months Ended

Jun. 30, 2016

Investments, Debt and Equity Securities [Abstract]

Amortized Cost and Fair Value of Securities with Gross Unrealized Gains and Losses

The amortized cost and fair value of securities, with gross unrealized gains and losses, follows:

		(In Thousands)
		June 30, 2016
						Gross				Gross
		Amortized				Unrealized				Unrealized				Fair
		Cost				Gains				Losses				Value
Available-for-Sale:
U.S. Treasury		$	26,031			$	93			$	—			$	26,124
U.S. Government agencies			93,043				450			$	—				93,493
Mortgage-backed securities			32,382				352				(23	)			32,711
State and local governments			63,147				1,611				(23	)			64,735
Total available-for-sale securities		$	214,603			$	2,506			$	(46	)		$	217,063
		(In Thousands)
		December 31, 2015
						Gross				Gross
		Amortized				Unrealized				Unrealized				Fair
		Cost				Gains				Losses				Value
Available-for-Sale:
U.S. Treasury		$	38,778			$	36			$	(309	)		$	38,505
U.S. Government agencies			99,000				55				(835	)			98,220
Mortgage-backed securities			26,157				283				(116	)			26,324
State and local governments			70,858				1,290				(82	)			72,066
Total available-for-sale securities		$	234,793			$	1,664			$	(1,342	)		$	235,115

Gross Unrealized Losses, Aggregated by Investment Category and Length of Time

Information pertaining to securities with gross unrealized losses at June 30, 2016 and December 31, 2015, aggregated by investment category and length of time that individual securities have been in a continuous loss position follows:

		(In Thousands)
		June 30, 2016
		Less Than Twelve Months								Twelve Months & Over
		Gross Unrealized Losses				Fair Value				Gross Unrealized Losses				Fair Value
U.S. Treasury		$	—			$	—			$	—			$	—
U.S. Government agencies			—				—				—				—
Mortgage-backed securities			(23	)			13,995				—				—
State and local governments			(18	)			3,089				(5	)			1,226
Total available-for-sale securities		$	(41	)		$	17,084$			$	(5	)		$	1,226
		(In Thousands)
		December 31, 2015
		Less Than Twelve Months								Twelve Months & Over
		Gross Unrealized Losses				Fair Value				Gross Unrealized Losses				Fair Value
U.S. Treasury		$	(142	)		$	23,241			$	(167	)		$	10,195
U.S. Government agencies			(635	)			68,957				(200	)			9,793
Mortgage-backed securities			(60	)			6,331				(56	)			3,580
State and local governments			(54	)			7,920				(28	)			1,725
Total available-for-sale securities		$	(891	)		$	106,449			$	(451	)		$	25,293

Gross Realized Gains and Losses

Below are the gross realized gains and losses as of June 30 for each of the years presented.

		(In Thousands)
		2016				2015
Gross realized gains		$	467			$	246
Gross realized losses			(11	)			—
Net realized gains		$	456			$	246
Tax expense related to net realized gain		$	155			$	84

Amortized Cost and Fair Value of Debt Securities, by Contractual Maturity

The amortized cost and fair value of debt securities at June 30, 2016, by contractual maturity, are shown below. 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.

		(In Thousands)
		Amortized Cost				Fair Value
One year or less		$	12,561			$	12,594
After one year through five years			121,400				122,422
After five years through ten years			46,251				47,068
After ten years			2,009				2,268
Total		$	182,221			$	184,352

X

- Definition

Tabular disclosure of fair value of investments in debt and equity securities in an unrealized loss position categorized neither as held-to-maturity nor trading securities.

+ References

No definition available.

+ Details

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

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=6957658&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=73527792&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=73527792&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=6957658&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=73527792&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=73527792&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=73527792&loc=d3e27290-111563

+ Details

Name:	us-gaap_AvailableForSaleSecuritiesTextBlock
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 realized gains and losses on investments reported in the statement of income.

+ References

No definition available.

+ Details

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

X

- Definition

Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value.

+ References

No definition available.

+ Details

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