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Securities (Tables)
12 Months Ended
Dec. 31, 2016
Securities [Abstract]  
Amortized Cost and Fair Values of Securities [Table Text Block]













 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

December 31, 2016



 

 

 

 

 

Gross

 

 

Gross

 

 

 



 

 

Amortized

 

 

Unrealized

 

 

Unrealized

 

 

Fair



 

 

Cost

 

 

Gains

 

 

Losses

 

 

Value



 

(In Thousands)

AVAILABLE FOR SALE:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury securities

 

$

2,005 

 

$

 -

 

$

(8)

 

$

1,997 

States and political subdivisions

 

 

127,585 

 

 

884 

 

 

(3,368)

 

 

125,101 

Corporate obligations

 

 

10,255 

 

 

37 

 

 

(180)

 

 

10,112 

Mortgage-backed securities-

 

 

 

 

 

 

 

 

 

 

 

 

government sponsored entities

 

 

169,124 

 

 

26 

 

 

(4,220)

 

 

164,930 

   Total debt securities

 

 

308,969 

 

 

947 

 

 

(7,776)

 

 

302,140 

Equity securities-financial services

 

 

320 

 

 

104 

 

 

 -

 

 

424 



 

$

309,289 

 

$

1,051 

 

$

(7,776)

 

$

302,564 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 





 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

December 31, 2015



 

 

 

 

 

Gross

 

 

Gross

 

 

 



 

 

Amortized

 

 

Unrealized

 

 

Unrealized

 

 

Fair



 

 

Cost

 

 

Gains

 

 

Losses

 

 

Value



 

(In Thousands)

AVAILABLE FOR SALE:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Government agencies

 

$

9,275 

 

$

 

$

(108)

 

$

9,169 

States and political subdivisions

 

 

59,120 

 

 

1,747 

 

 

(112)

 

 

60,755 

Corporate obligations

 

 

4,933 

 

 

45 

 

 

(4)

 

 

4,974 

Mortgage-backed securities-

 

 

 

 

 

 

 

 

 

 

 

 

government sponsored entities

 

 

64,491 

 

 

23 

 

 

(945)

 

 

63,569 

   Total debt securities

 

 

137,819 

 

 

1,817 

 

 

(1,169)

 

 

138,467 

Equity securities-financial services

 

 

292 

 

 

92 

 

 

 -

 

 

384 



 

$

138,111 

 

$

1,909 

 

$

(1,169)

 

$

138,851 



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



Investments' Gross Unrealized Losses and Fair Value [Table Text Block]



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



December 31, 2016



Less than 12 Months

 

12 Months or More

 

Total



Fair Value

 

Unrealized Losses

 

Fair Value

 

Unrealized Losses

 

Fair Value

 

Unrealized Losses

U.S. Treasury securities

$

1,997 

 

$

(8)

 

$

 -

 

$

 -

 

$

1,997 

 

$

(8)

States and political subdivisions

 

90,109 

 

 

(3,362)

 

 

205 

 

 

(6)

 

 

90,314 

 

 

(3,368)

Corporate obligations

 

6,895 

 

 

(180)

 

 

 -

 

 

 -

 

 

6,895 

 

 

(180)

Mortgage-backed securities-government sponsored entities

 

152,614 

 

 

(3,912)

 

 

9,967 

 

 

(308)

 

 

162,581 

 

 

(4,220)



$

251,615 

 

$

(7,462)

 

$

10,172 

 

$

(314)

 

$

261,787 

 

$

(7,776)









 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



December 31, 2015



Less than 12 Months

 

12 Months or More

 

Total



Fair Value

 

Unrealized Losses

 

Fair Value

 

Unrealized Losses

 

Fair Value

 

Unrealized Losses

U.S. Government agencies

$

6,058 

 

$

(71)

 

$

2,109 

 

$

(37)

 

$

8,167 

 

$

(108)

States and political subdivisions

 

9,086 

 

 

(99)

 

 

1,417 

 

 

(13)

 

 

10,503 

 

 

(112)

Corporate obligations

 

2,221 

 

 

(4)

 

 

 -

 

 

 -

 

 

2,221 

 

 

(4)

Mortgage-backed securities-government sponsored entities

 

40,300 

 

 

(432)

 

 

16,595 

 

 

(513)

 

 

56,895 

 

 

(945)



$

57,665 

 

$

(606)

 

$

20,121 

 

$

(563)

 

$

77,786 

 

$

(1,169)



Securities by Contractual Maturity [Table Text Block]



 

 

 

 

 



Amortized

 

Fair



Cost

 

Value



 

(In Thousands)

Due in one year or less

$

2,240

 

$

2,243

Due after one year through five years

 

24,272

 

 

23,996

Due after five years through ten years

 

45,285

 

 

43,577

Due after ten years

 

68,048

 

 

67,394



 

139,845

 

 

137,210



 

 

 

 

 

Mortgage-backed securities - government sponsored entities

 

169,124

 

 

164,930



$

308,969

 

$

302,140