XML 29 R17.htm IDEA: XBRL DOCUMENT v3.8.0.1

Securities (Tables)

9 Months Ended

Sep. 30, 2017

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 at September 30, 2017 and December 31, 2016, follows:

		(In Thousands)
		September 30, 2017
		Amortized Cost				Gross Unrealized Gains				Gross Unrealized Losses				Fair Value
Available-for-Sale:
U.S. Treasury		$	15,790			$	—			$	(114	)		$	15,676
U.S. Government agencies			79,224				—				(1,064	)			78,160
Mortgage-backed securities			42,409				142				(561	)			41,990
State and local governments			56,438				779				(232	)			56,985
Total available-for-sale securities		$	193,861			$	921			$	(1,971	)		$	192,811
		(In Thousands)
		December 31, 2016
		Amortized Cost				Gross Unrealized Gains				Gross Unrealized Losses				Fair Value
Available-for-Sale:
U.S. Treasury		$	24,920			$	1			$	(146	)		$	24,775
U.S. Government agencies			84,266				3				(1,795	)			82,474
Mortgage-backed securities			49,155				185				(879	)			48,461
State and local governments			63,173				634				(990	)			62,817
Total available-for-sale securities		$	221,514			$	823			$	(3,810	)		$	218,527

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

Information pertaining to securities with gross unrealized losses at September 30, 2017 and December 31, 2016, aggregated by investment category and length of time that individual securities have been in a continuous loss position follows:

		(In Thousands)
		September 30, 2017
		Less Than Twelve Months								Twelve Months & Over
		Gross Unrealized Losses				Fair Value				Gross Unrealized Losses				Fair Value
U.S. Treasury		$	(114	)		$	15,676			$	—			$	—
U.S. Government agencies			(554	)			62,910				(510	)			15,251
Mortgage-backed securities			(288	)			22,344				(273	)			10,360
State and local governments			(130	)			8,776				(102	)			6,032
Total available-for-sale securities		$	(1,086	)		$	109,706			$	(885	)		$	31,643

		(In Thousands)
		December 31, 2016
		Less Than Twelve Months								Twelve Months & Over
		Gross Unrealized Losses				Fair Value				Gross Unrealized Losses				Fair Value
U.S. Treasury		$	(146	)		$	15,745			$	—			$	—
U.S. Government agencies			(1,795	)			77,471				—				—
Mortgage-backed securities			(879	)			36,474				—				—
State and local governments			(983	)			37,540				(7	)			526
Total available-for-sale securities		$	(3,803	)		$	167,230			$	(7	)		$	526

Gross Realized Gains and Losses

Below are the gross realized gains and losses for the three and nine months ended September 30.

		Three Months (In Thousands)								Nine Months (In Thousands)
		2017				2016				2017				2016
Gross realized gains		$	—			$	47			$	58			$	514
Gross realized losses			—				—				(11	)			(11	)
Net realized gains		$	—			$	47			$	47			$	503
Tax expense related to net realized gains		$	—			$	16			$	16			$	171

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

The amortized cost and fair value of debt securities at September 30, 2017, 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		$	9,014			$	9,017
After one year through five years			88,228				88,088
After five years through ten years			50,404				49,979
After ten years			3,806				3,737
Total		$	151,452			$	150,821
Mortgage-backed securities			42,409				41,990
Total		$	193,861			$	192,811

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=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

- 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