Securities (Tables)

9 Months Ended

Sep. 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 September 30, 2017 and December 31, 2016 were as follows:



	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Fair Value
	September 30, 2017
	(in thousands)
Obligations of U.S. government corporations and agencies	$	31,384	$	398	$	(175	)	$	31,607
Mortgage-backed securities	44,674		233		(217		)	44,690
Obligations of states and political subdivisions	47,337		1,086		(142		)	48,281
	$	123,395	$	1,717	$	(534	)	$	124,578
	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 September 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
	September 30, 2017
	(in thousands)
Obligations of U.S. government corporations and agencies	$	6,412	$	84	$	2,923	$	91	$	9,335	$	175
Mortgage-backed securities	16,145		144		2,611		73		18,756		217
Obligations of states and political subdivisions	3,488		56		3,119		86		6,607		142
	$	26,045	$	284	$	8,653	$	250	$	34,698	$	534
	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 September 30, 2017 and December 31, 2016 was as follows:



	September 30, 2017		December 31, 2016
	(in thousands)
Federal Reserve Bank Stock	$	344	$	344
Federal Home Loan Bank Stock	623		584
Community Bankers’ Bank Stock	140		140
	$	1,107	$	1,068