XML 54 R41.htm IDEA: XBRL DOCUMENT v3.19.1

Investment Securities (Tables)

12 Months Ended

Dec. 31, 2018

Investment Securities [Abstract]

Unrealized Gain (Loss) on Investments

The following table shows a comparison of amortized cost and fair values of investment securities at December 31, 2018 and 2017:



(in thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value		OTTI in AOCL
December 31, 2018
Available for Sale:
U.S. government agencies	$	30,000	$	0	$	974	$	29,026	$	0
Commercial mortgage-backed agencies		39,013		0		1,261		37,752		0
Collateralized mortgage obligations		36,669		0		965		35,704		0
Obligations of states and political subdivisions		20,083		132		333		19,882		0
Collateralized debt obligations		18,358		0		3,081		15,277		(1,966)
Total available for sale	$	144,123	$	132	$	6,614	$	137,641	$	(1,966)
Held to Maturity:
U.S. government agencies	$	16,017	$	120	$	0	$	16,137	$	0
Residential mortgage-backed agencies		46,491		6		1,287		45,210		0
Commercial mortgage-backed agencies		15,821		75		68		15,828		0
Collateralized mortgage obligations		3,761		0		156		3,605		0
Obligations of states and political subdivisions		11,920		1,156		96		12,980		0
Total held to maturity	$	94,010	$	1,357	$	1,607	$	93,760	$	0






December 31, 2017
Available for Sale:
U.S. government agencies	$	30,000	$	0		744	$	29,256	$	0
Commercial mortgage-backed agencies		41,771		0		880		40,891		0
Collateralized mortgage obligations		41,298		2		916		40,384		0
Obligations of states and political subdivisions		20,772		365		118		21,019		0
Collateralized debt obligations		19,711		0		4,791		14,920		(3,389)
Total available for sale	$	153,552	$	367	$	7,449	$	146,470		(3,389)
Held to Maturity:
U.S. government agencies	$	15,876	$	447	$	0	$	16,323	$	0
Residential mortgage-backed agencies		47,771		94		423		47,442		0
Commercial mortgage-backed agencies		17,288		236		6		17,518		0
Collateralized mortgage obligations		4,187		0		69		4,118		0
Obligations of states and political subdivisions		8,510		1,443		8		9,945		0
Total held to maturity	$	93,632	$	2,220	$	506	$	95,346	$	0



Proceeds from Sales and Realized Gain and Losses



(in thousands)	2018		2017
Proceeds	$	2,005	$	18,530
Realized gains		151		52
Realized losses		38		101



Gross Unrealized Losses and Fair Values of Securities



	Less than 12 months				12 months or more
(in thousands)	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
December 31, 2018
Available for Sale:
U.S. government agencies	$	0	$	0	$	29,026	$	974
Commercial mortgage-backed agencies		0		0		37,752		1,261
Collateralized mortgage obligations		232		1		35,472		964
Obligations of states and political subdivisions		3,310		48		11,068		285
Collateralized debt obligations		5,987		438		9,290		2,643
Total available for sale	$	9,529	$	487	$	122,608	$	6,127
Held to Maturity:
Residential mortgage-backed agencies		3,605		51		41,448		1,236
Commercial mortgage-backed agencies		0		0		7,656		68
Collateralized mortgage obligations		0		0		3,605		156
Obligations of states and political subdivisions		0		0		2,199		96
Total held to maturity	$	3,605	$	51	$	54,908	$	1,556


December 31, 2017
Available for Sale:
U.S. government agencies	$	4,931	$	69	$	24,325	$	675
Commercial mortgage-backed agencies		12,593		169		28,298		711
Collateralized mortgage obligations		27,387		472		12,447		443
Obligations of states and political subdivisions		2,683		44		2,747		75
Collateralized debt obligations		0		0		14,920		4,791
Total available for sale	$	47,594	$	754	$	82,737	$	6,695
Held to Maturity:
Residential mortgage-backed agencies		15,897		135		10,422		288
Commercial mortgage-backed agencies		9,028		6		0		0
Collateralized mortgage obligations		0		0		4,118		69
Obligations of states and political subdivisions		0		0		2,377		8
Total held to maturity	$	24,925	$	141	$	16,917	$	365




Non-Cash OTTI Credit Losses Recognized in Earnings


(in thousands)	2018		2017
Balance of credit-related OTTI at January 1	$	2,958	$	3,124
Reduction for increases in cash flows expected to be collected		(312)		(166)
Balance of credit-related OTTI at December 31	$	2,646	$	2,958



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, 2018 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.






(in thousands)	Amortized Cost		Fair Value
Contractual Maturity
Available for sale:
Due in one year or less	$	229	$	231
Due after one year through five years		16,772		16,475
Due after five years through ten years		22,050		21,265
Due after ten years		29,390		26,214
		68,441		64,185
Commercial mortgage-backed agencies		39,013		37,752
Collateralized mortgage obligations		36,669		35,704
 Total available for sale	$	144,123	$	137,641
Held to Maturity:
Due after one year through five years	$	8,345	$	8,401
Due after five years through ten years		7,672		7,736
Due after ten years		11,920		12,980
		27,937		29,117
Residential mortgage-backed agencies		46,491		45,210
Commercial mortgage-backed agencies		15,821		15,828
Collateralized mortgage obligations		3,761		3,605
Total held to maturity	$	94,010	$	93,760



X

- References

No definition available.

+ Details

Name:	us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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

+ References

No definition available.

+ Details

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

X

- Definition

Tabular disclosure of the amount of other than temporary impairment (OTTI) related to credit losses recognized in earnings including: (a) the beginning balance of the amount related to credit losses on debt securities held by the investor at the beginning of the period for which a portion of an OTTI was recognized in other comprehensive income; (b) additions for the amount related to the credit loss for which an OTTI was not previously recognized; (c) reductions for securities sold during the period (realized); (d) reductions for securities for which the amount previously recognized in other comprehensive income was recognized in earnings because the investor intends to sell the security or more likely than not will be required to sell the security before recovery of its amortized cost basis; (e) additional increases to the amount related to the credit loss for which an OTTI was previously recognized when the investor does not intend to sell the security and it is not more likely than not that the investor will be required to sell the security before recovery of its amortized cost basis; (f) reductions for increases in cash flows expected to be collected that are recognized over the remaining life of the security; and (g) the ending balance of the amount related to credit losses on debt securities held by the entity at the end of the period for which a portion of an OTTI was recognized in other comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27340-111563

+ Details

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

X

- Definition

Tabular disclosure of the proceeds from sales of available-for-sale securities and the gross realized gains and gross realized losses that have been included in earnings as a result of those sales.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 9
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27357-111563

+ Details

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

X

- 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=82897076&loc=d3e27290-111563

+ Details

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

X

- Definition

Tabular disclosure of unrealized gains and losses on investments.

+ References

No definition available.

+ Details

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