Securities (Tables)

9 Months Ended

Sep. 30, 2016

Available-for-sale Securities [Abstract]

Amortized Costs And Fair Values Of Securities Available For Sale

Amortized costs and fair values of securities available for sale at September 30, 2016 and December 31, 2015 were as follows:



	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Fair Value
	September 30, 2016
	(in thousands)
Obligations of U.S. government corporations and agencies	$	29,414	$	1,006	$	(1	)	$	30,419
Mortgage-backed securities	30,870		629		(10		)	31,489
Obligations of states and political subdivisions	42,350		1,325		(29		)	43,646
	$	102,634	$	2,960	$	(40	)	$	105,554
	December 31, 2015
	(in thousands)
Obligations of U.S. government corporations and agencies	$	37,348	$	475	$	(158	)	$	37,665
Mortgage-backed securities	28,858		293		(220		)	28,931
Obligations of states and political subdivisions	38,082		1,169		(24		)	39,227
	$	104,288	$	1,937	$	(402	)	$	105,823

Fair Value And Gross Unrealized Losses For Securities Available For Sale

The fair value and gross unrealized losses for securities available for sale, totaled by the length of time that individual securities have been in a continuous gross unrealized loss position, at September 30, 2016 and December 31, 2015 were as follows:



	Less than 12 months				12 months or more				Total
	Fair Value		Gross Unrealized Losses		Fair Value		Gross Unrealized Losses		Fair Value		Gross Unrealized Losses
	September 30, 2016
	(in thousands)
Obligations of U.S. government corporations and agencies	$	999	$	1	$	—	$	—	$	999	$	1
Mortgage-backed securities	3,154		10		—		—		3,154		10
Obligations of states and political subdivisions	4,084		29		—		—		4,084		29
	$	8,237	$	40	$	—	$	—	$	8,237	$	40
	December 31, 2015
	(in thousands)
Obligations of U.S. government corporations and agencies	$	21,296	$	143	$	1,985	$	15	$	23,281	$	158
Mortgage-backed securities	18,563		194		1,105		26		19,668		220
Obligations of states and political subdivisions	3,414		22		497		2		3,911		24
	$	43,273	$	359	$	3,587	$	43	$	46,860	$	402

Restricted Investments

The composition of restricted investments at September 30, 2016 and December 31, 2015 was as follows:



	September 30, 2016		December 31, 2015
	(in thousands)
Federal Reserve Bank Stock	$	344	$	344
Federal Home Loan Bank Stock	584		1,412
Community Bankers’ Bank Stock	140		140
	$	1,068	$	1,896