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Securities (Tables)

12 Months Ended

Dec. 31, 2015

Investments, Debt and Equity Securities [Abstract]

Summary of Amortized Costs and Fair Values of Securities Available for Sale

Amortized costs and fair values of securities at December 31, 2015 and 2014 were as follows (in thousands):

		2015
		Amortized Cost				Gross Unrealized Gains				Gross Unrealized (Losses)				Fair Value
Securities available for sale:
U.S. agency and mortgage-backed securities		$	89,919			$	261			$	(843	)		$	89,337
Obligations of states and political subdivisions			15,931				333				(50	)			16,214
Corporate equity securities			1				7				—				8
Total securities available for sale		$	105,851			$	601			$	(893	)		$	105,559
Securities held to maturity:
U.S. agency and mortgage-backed securities		$	49,662			$	36			$	(326	)		$	49,372
Obligations of states and political subdivisions			15,357				228				(19	)			15,566
Corporate debt securities			1,500				—				—				1,500
Total securities held to maturity		$	66,519			$	264			$	(345	)		$	66,438
Total securities		$	172,370			$	865			$	(1,238	)		$	171,997
		2014
		Amortized Cost				Gross Unrealized Gains				Gross Unrealized (Losses)				Fair Value
Securities available for sale:
U.S. agency and mortgage-backed securities		$	67,462			$	374			$	(807	)		$	67,029
Obligations of states and political subdivisions			16,031				325				(99	)			16,257
Corporate equity securities			1				5				—				6
Total securities available for sale		$	83,494			$	704			$	(906	)		$	83,292

Summary of Investments in an Unrealized Loss Position that were Temporarily Impaired

At December 31, 2015 and 2014, investments in an unrealized loss position that were temporarily impaired were as follows (in thousands):

		2015
		Less than 12 months								12 months or more								Total
						Unrealized								Unrealized								Unrealized
		Fair Value				(Loss)				Fair Value				(Loss)				Fair Value				(Loss)
Securities available for sale:
U.S. agency and mortgage-backed securities		$	50,185			$	(464	)		$	13,409			$	(379	)		$	63,594			$	(843	)
Obligations of states and political subdivisions			2,395				(15	)			1,053				(35	)			3,448				(50	)
Total securities available for sale		$	52,580			$	(479	)		$	14,462			$	(414	)		$	67,042			$	(893	)
Securities held to maturity:
U.S. agency and mortgage-backed securities		$	32,791			$	(326	)		$	—			$	—			$	32,791			$	(326	)
Obligations of states and political subdivisions			3,052				(19	)			—				—				3,052				(19	)
Total securities held to maturity		$	35,843			$	(345	)		$	—			$	—			$	35,843			$	(345	)
Total securities		$	88,423			$	(824	)		$	14,462			$	(414	)		$	102,885			$	(1,238	)
		2014
		Less than 12 months								12 months or more								Total
						Unrealized								Unrealized								Unrealized
		Fair Value				(Loss)				Fair Value				(Loss)				Fair Value				(Loss)
Securities available for sale:
U.S. agency and mortgage-backed securities		$	8,677			$	(60	)		$	32,527			$	(747	)		$	41,204			$	(807	)
Obligations of states and political subdivisions			715				(1	)			2,841				(98	)			3,556				(99	)
Total securities available for sale		$	9,392			$	(61	)		$	35,368			$	(845	)		$	44,760			$	(906	)

Amortized Cost and Fair Value of Securities

		Available for Sale								Held to Maturity
		Amortized				Fair				Amortized				Fair
		Cost				Value				Cost				Value
Due within one year		$	382			$	383			$	—			$	—
Due after one year through five years			11,733				11,693				632				635
Due after five years through ten years			16,013				16,113				19,510				19,564
Due after ten years			77,722				77,362				46,377				46,239
Corporate equity securities			1				8				—				—
		$	105,851			$	105,559			$	66,519			$	66,438

Composition of Restricted Securities

The composition of restricted securities at December 31, 2015 and 2014 was as follows (in thousands):

		2015				2014
Federal Home Loan Bank stock		$	466			$	470
Federal Reserve Bank stock			875				846
Community Bankers’ Bank stock			50				50
		$	1,391			$	1,366

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