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Investment Securities (Tables)

12 Months Ended

Dec. 31, 2014

Investment Securities [Abstract]

Unrealized Gain (Loss) on Investments

			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair		OTTI in
(in thousands)	Cost		Gains		Losses		Value		AOCL
December 31, 2014
Available for Sale:
U.S. treasuries	$	29,607	$	0	$	11	$	29,596	$	0
U.S. government agencies		39,077		117		253		38,941		0
Residential mortgage-backed agencies		45,175		510		412		45,273		0
Commercial mortgage-backed agencies		26,007		53		103		25,957		0
Collateralized mortgage obligations		8,611		96		0		8,707		0
Obligations of states and political subdivisions		46,151		1,413		260		47,304		0
Collateralized debt obligations		37,117		1,155		12,933		25,339		6,143
Total available for sale	$	231,745	$	3,344	$	13,972	$	221,117	$	6,143
Held to Maturity:
U.S. government agencies	$	24,520	$	514	$	0	$	25,034	$	0
Residential mortgage-backed agencies		58,400		613		5		59,008		0
Commercial mortgage-backed agencies		16,425		312		0		16,737		0
Collateralized mortgage obligations		7,379		5		0		7,384		0
Obligations of states and political subdivisions		2,725		0		117		2,608		0
Total held to maturity	$	109,449	$	1,444	$	122	$	110,771	$	0
December 31, 2013
Available for Sale:
U.S. government agencies	$	97,242	$	14	$	5,221	$	92,035	$	0
Residential mortgage-backed agencies		116,933		334		4,823		112,444		0
Commercial mortgage-backed agencies		31,025		14		1,134		29,905		0
Collateralized mortgage obligations		30,468		84		1,162		29,390		0
Obligations of states and political subdivisions		55,505		895		1,123		55,277		0
Collateralized debt obligations		37,146		778		20,386		17,538		12,703
Total available for sale	$	368,319	$	2,119	$	33,849	$	336,589	$	12,703
Held to Maturity:
Obligations of states and political subdivisions	$	3,900	$	249	$	559	$	3,590	$	0
Total held to maturity	$	3,900	$	249	$	559	$	3,590	$	0

Proceeds from Sales and Realized Gain and Losses

(in thousands)	2014		2013
Proceeds	$	56,838	$	44,496
Realized gains		427		447
Realized losses		468		369

Gross Unrealized Losses and Fair Values of Securities

	Less than 12 months				12 months or more
	Fair		Unrealized		Fair		Unrealized
(in thousands)	Value		Losses		Value		Losses
December 31, 2014
Available for Sale:
U.S. treasuries	$	27,096	$	11	$	0	$	0
U.S. government agencies		0		0		18,819		253
Residential mortgage-backed agencies		0		0		17,918		412
Commercial mortgage-backed agencies		12,298		97		973		6
Collateralized mortgage obligations		0		0		0		0
Obligations of states and political subdivisions		0		0		8,981		260
Collateralized debt obligations		0		0		20,290		12,933
Total available for sale	$	39,394	$	108	$	66,981	$	13,864
Held to Maturity:
U.S. government agencies	$	0	$	0	$	0	$	0
Residential mortgage-backed agencies		3,850		5		0		0
Commercial mortgage-backed agencies		0		0		0		0
Collateralized mortgage obligations		0		0		0		0
Obligations of states and political subdivisions		0		0		2,608		117
Total held to maturity	$	3,850	$	5	$	2,608	$	117
December 31, 2013
Available for Sale:
U.S. government agencies	$	62,962	$	3,154	$	13,996	$	2,067
Residential mortgage-backed agencies		60,781		1,801		46,570		3,022
Commercial mortgage-backed agencies		21,889		1,134		0		0
Collateralized mortgage obligations		21,201		1,149		3,051		13
Obligations of states and political subdivisions		15,422		1,123		0		0
Collateralized debt obligations		0		0		16,434		20,386
Total available for sale	$	182,255	$	8,361	$	80,051	$	25,488
Held to Maturity:
Obligations of states and political subdivisions	$	0	$	0	$	2,301	$	559
Total held to maturity	$	0	$	0	$	2,301	$	559

Non-Cash OTTI Credit Losses Recognized in Earnings

(in thousands)	2014		2013
Balance of credit-related OTTI at January 1	$	13,422	$	13,959
Decreases for previously recognized credit-related OTTI because there was an
intent to sell		(165)		0
Reduction for increases in cash flows expected to be collected		(674)		(537)
Balance of credit-related OTTI at December 31	$	12,583	$	13,422

Amortized Cost and Fair Values Classified by Contractual Maturity Date

The amortized cost and estimated fair value of securities by contractual maturity at December 31, 2014 are shown in the following table.  Actual maturities will differ from contractual maturities because the issuers of the securities may have the right to call or prepay obligations with or without call or prepayment penalties.

	Amortized		Fair
(in thousands)	Cost		Value
Contractual Maturity
Available for sale:
Due in one year or less	$	19,524	$	19,524
Due after one year through five years		44,629		44,766
Due after five years through ten years		29,145		29,808
Due after ten years		58,654		47,082
		151,952		141,180
Residential mortgage-backed agencies		45,175		45,273
Commercial mortgage-backed agencies		26,007		25,957
Collateralized mortgage obligations		8,611		8,707
	$	231,745	$	221,117
Held to Maturity:
Due after five years through ten years	$	15,474	$	15,775
Due after ten years		11,771		11,867
		27,245		27,642
Residential mortgage-backed agencies		58,400		59,008
Commercial mortgage-backed agencies		16,425		16,737
Collateralized mortgage obligations		7,379		7,384
	$	109,449	$	110,771

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