XML 53 R32.htm IDEA: XBRL DOCUMENT
v3.19.1

Investment Securities (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2018
Investment Securities |
Schedule of amortized cost and fair value of debt securities available-for-sale |
|  | Total |  |  |  |  |  |  |  |  |
|  | Amortized |  | Gross Unrealized |  | Fair
(in thousands) |  | Cost |  | Gains |  | Losses |  | Value
December 31, 2018 |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury |  | $ | 1,984 |  | $ | — |  | $ | (32) |  | $ | 1,952
U.S. government and federal agency obligations |  |  | 10,235 |  |  | — |  |  | (269) |  |  | 9,966
Government sponsored enterprises |  |  | 43,784 |  |  | 23 |  |  | (472) |  |  | 43,335
Obligations of states and political subdivisions |  |  | 40,859 |  |  | 28 |  |  | (501) |  |  | 40,386
Mortgage-backed securities: |  |  | 121,230 |  |  | 72 |  |  | (3,110) |  |  | 118,192
Other debt securities (a) |  |  | 3,000 |  |  | — |  |  | — |  |  | 3,000
Bank issued trust preferred securities (a) |  |  | 1,486 |  |  | — |  |  | (112) |  |  | 1,374
Total available-for-sale securities |  | $ | 222,578 |  | $ | 123 |  | $ | (4,496) |  | $ | 218,205
December 31, 2017 |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury |  | $ | 1,980 |  | $ | — |  | $ | (13) |  | $ | 1,967
U.S. government and federal agency obligations |  |  | 12,341 |  |  | — |  |  | (268) |  |  | 12,073
Government sponsored enterprises |  |  | 37,321 |  |  | — |  |  | (424) |  |  | 36,897
Obligations of states and political subdivisions |  |  | 47,019 |  |  | 114 |  |  | (477) |  |  | 46,656
Mortgage-backed securities: |  |  | 131,045 |  |  | 44 |  |  | (2,140) |  |  | 128,949
Other debt securities (a) |  |  | 3,000 |  |  | — |  |  | — |  |  | 3,000
Bank issued trust preferred securities (a) |  |  | 1,486 |  |  | — |  |  | — |  |  | 1,486
Total available-for-sale securities |  | $ | 234,192 |  | $ | 158 |  | $ | (3,322) |  | $ | 231,028
(a) Certain hybrid instruments possessing characteristics typically associated with debt obligations were reclassified from other securities carried at cost to available for sale securities carried at fair value in the years presented.
Schedule of amortized cost and fair value of debt securities classified as available-for-sale by contractual maturity |
|  | Amortized |  | Fair
(in thousands) |  | Cost |  | Value
Due in one year or less |  | $ | 18,076 |  | $ | 17,964
Due after one year through five years |  |  | 63,424 |  |  | 62,599
Due after five years through ten years |  |  | 13,750 |  |  | 13,505
Due after ten years |  |  | 6,098 |  |  | 5,945
Total |  |  | 101,348 |  |  | 100,013
Mortgage-backed securities |  |  | 121,230 |  |  | 118,192
Total available-for-sale securities |  | $ | 222,578 |  | $ | 218,205
Schedule of Other securities |
(in thousands) |  | 2018 |  | 2017
Other securities: |  |  |  |  |  |
FHLB stock |  | $ | 5,512 |  | $ | 6,390
MIB stock |  |  | 151 |  |  | 151
Equity securities with readily determinable fair values |  |  | 12 |  |  | 10
Total other investment securities |  | $ | 5,675 |  | $ | 6,551
Schedule of gross unrealized losses on debt securities and fair value of related securities aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position |
|  | Less than 12 months |  | 12 months or more |  | Total |  | Total
|  | Fair |  | Unrealized |  | Fair |  | Unrealized |  | Fair |  | Unrealized
(in thousands) |  | Value |  | Losses |  | Value |  | Losses |  | Value |  | Losses
At December 31, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury |  | $ | — |  | $ | — |  | $ | 1,952 |  | $ | (32) |  | $ | 1,952 |  | $ | (32)
U.S. government and federal agency obligations |  |  | — |  |  | — |  |  | 9,966 |  |  | (269) |  |  | 9,966 |  |  | (269)
Government sponsored enterprises |  |  | 1,997 |  |  | (3) |  |  | 33,346 |  |  | (469) |  |  | 35,343 |  |  | (472)
Obligations of states and political subdivisions |  |  | 5,851 |  |  | (16) |  |  | 28,832 |  |  | (485) |  |  | 34,683 |  |  | (501)
Mortgage-backed securities |  |  | 10,085 |  |  | (61) |  |  | 99,321 |  |  | (3,049) |  |  | 109,406 |  |  | (3,110)
Bank issued trust preferred securities |  |  | — |  |  | — |  |  | 1,374 |  |  | (112) |  |  | 1,374 |  |  | (112)
Total |  | $ | 17,933 |  | $ | (80) |  | $ | 174,791 |  | $ | (4,416) |  | $ | 192,724 |  | $ | (4,496)
(in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
At December 31, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury |  | $ | 1,967 |  | $ | (13) |  | $ | — |  | $ | — |  | $ | 1,967 |  | $ | (13)
U.S. government and federal agency obligations |  |  | — |  |  | — |  |  | 12,073 |  |  | (268) |  |  | 12,073 |  |  | (268)
Government sponsored enterprises |  |  | 16,471 |  |  | (119) |  |  | 20,426 |  |  | (305) |  |  | 36,897 |  |  | (424)
Obligations of states and political subdivisions |  |  | 22,013 |  |  | (165) |  |  | 12,570 |  |  | (312) |  |  | 34,583 |  |  | (477)
Mortgage-backed securities: |  |  | 52,829 |  |  | (488) |  |  | 69,580 |  |  | (1,652) |  |  | 122,409 |  |  | (2,140)
Total |  | $ | 93,280 |  | $ | (785) |  | $ | 114,649 |  | $ | (2,537) |  | $ | 207,929 |  | $ | (3,322)
Schedule of components of investment securities gains and losses |
(in thousands) |  | 2018 |  | 2017 |  | 2016
Investment securities gains, net |  |  |  |  |  |  |  |  |
Available for sale securities: |  |  |  |  |  |  |  |  |
Gains realized on sales |  | $ | 253 |  | $ | 38 |  | $ | 623
Losses realized on sales |  |  | — |  |  | (33) |  |  | (21)
Other-than-temporary impairment recognized |  |  | — |  |  | — |  |  | —
Other investment securities: |  |  |  |  |  |  |  |  |
Fair value adjustments, net |  |  | 2 |  |  | — |  |  | —
Investment securities gains, net |  | $ | 255 |  | $ | 5 |  | $ | 602

X
- Definition Tabular disclosure of fair value amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in unrealized loss position. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27290-111563 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionFairValueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the investment holdings which are represented by other than securities (for example, commodities). The investment holdings, other than securities investments table lists the long positions of non-security investments held by entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 320 -Section S99 -Paragraph 5 -Subparagraph (SX 210.12-13) -URI http://asc.fasb.org/extlink&oid=50485924&loc=d3e611282-123010 + Details
Name: | us-gaap_InvestmentHoldingsOtherThanSecuritiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
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
- 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