XML 36 R26.htm IDEA: XBRL DOCUMENT v3.7.0.1
Securities (Tables)
6 Months Ended
Jun. 30, 2017
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 June 30, 2017 and December 31, 2016 were as follows:
 
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
(Losses)
 
Fair
Value
 
June 30, 2017
 
(in thousands)
Obligations of U.S. government corporations and agencies
$
30,419

 
$
460

 
$
(135
)
 
$
30,744

Mortgage-backed securities
50,579

 
344

 
(223
)
 
50,700

Obligations of states and political subdivisions
49,110

 
1,224

 
(123
)
 
50,211

 
$
130,108

 
$
2,028

 
$
(481
)
 
$
131,655

 
December 31, 2016
 
(in thousands)
Obligations of U.S. government corporations and agencies
$
30,404

 
$
316

 
$
(279
)
 
$
30,441

Mortgage-backed securities
42,681

 
147

 
(456
)
 
42,372

Obligations of states and political subdivisions
46,271

 
770

 
(592
)
 
46,449

 
$
119,356

 
$
1,233

 
$
(1,327
)
 
$
119,262

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 June 30, 2017 and December 31, 2016 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
 
June 30, 2017
 
(in thousands)
Obligations of U.S. government corporations and agencies
$
7,879

 
$
135

 
$

 
$

 
$
7,879

 
$
135

Mortgage-backed securities
21,203

 
223

 

 

 
21,203

 
223

Obligations of states and political subdivisions
5,758

 
123

 

 

 
5,758

 
123

 
$
34,840

 
$
481

 
$

 
$

 
$
34,840

 
$
481

 
December 31, 2016
 
(in thousands)
Obligations of U.S. government corporations and agencies
$
19,129

 
$
279

 
$

 
$

 
$
19,129

 
$
279

Mortgage-backed securities
28,013

 
456

 

 

 
28,013

 
456

Obligations of states and political subdivisions
16,823

 
592

 

 

 
16,823

 
592

 
$
63,965

 
$
1,327

 
$

 
$

 
$
63,965

 
$
1,327

Restricted Investments
The composition of restricted investments at June 30, 2017 and December 31, 2016 was as follows:
 
 
June 30, 2017
 
December 31, 2016
 
(in thousands)
Federal Reserve Bank Stock
$
344

 
$
344

Federal Home Loan Bank Stock
1,473

 
584

Community Bankers’ Bank Stock
140

 
140

 
$
1,957

 
$
1,068