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Securities (Tables)
 12 Months Ended
Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]  
Unrealized Gain (Loss) on Investments
Securities at December 31, 2015 and 2014 are as follows:
 
 
December 31, 2015
 
 
Amortized
 
Gross Unrealized
 
Fair
 
 
Cost
 
Gains
 
Losses
 
Value
Securities available-for-sale
 
 

 
 

 
 

 
 

U.S. Government-sponsored agencies
 
$
38,093

 
$
139

 
$
(482
)
 
$
37,750

Municipal securities
 
21,091

 
385

 
(7
)
 
21,469

Mortgage-backed securities
 
113,948

 
110

 
(1,006
)
 
113,052

Asset-backed securities
 
19,444

 
—

 
(83
)
 
19,361

Corporate securities
 
20,000

 
—

 
(913
)
 
19,087

Other securities
 
3,000

 
—

 
(21
)
 
2,979

Total available for sale
 
$
215,576

 
$
634

 
$
(2,512
)
 
$
213,698

 
 
 
December 31, 2014
 
 
Amortized
 
Gross Unrealized
 
Fair
 
 
Cost
 
Gains
 
Losses
 
Value
Securities available-for-sale
 
 

 
 

 
 

 
 

U.S. Government-sponsored agencies
 
$
13,680

 
$
129

 
$
(257
)
 
$
13,552

Mortgage-backed securities
 
117,134

 
282

 
(368
)
 
117,048

Asset-backed securities
 
4,913

 
—

 
(1
)
 
4,912

Other securities
 
2,000

 
6

 
—

 
2,006

Total available for sale
 
$
137,727

 
$
417

 
$
(626
)
 
$
137,518
Investments Classified by Contractual Maturity Date
The carrying value of securities at December 31, 2015 is shown below by their contractual maturity date. Actual maturities will differ because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.
 
 
Available for Sale
 
 
Amortized
Cost
 
Fair
Value
Within one year
 
$
—

 
$
—

One to five years
 
487

 
451

Five to ten years
 
25,358

 
24,935

After ten years
 
53,339

 
52,920

 
 
79,184

 
78,306

Mortgage-backed securities
 
113,948

 
113,052

Asset-backed securities
 
19,444

 
19,361

Other securities
 
3,000

 
2,979

Totals
 
$
215,576

 
$
213,698
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value
The following tables show the securities portfolio’s gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at December 31, 2015 and 2014:

 
 
December 31, 2015
 
 
Less Than 12 Months
 
12 Months or Longer
 
Total
 
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
Securities available-for-sale
 
 

 
 

 
 

 
 

 
 

 
 

U.S. Government-sponsored agencies
 
$
18,289

 
$
(237
)
 
$
8,537

 
$
(245
)
 
$
26,826

 
$
(482
)
Municipal securities
 
1,026

 
(7
)
 
—

 
—

 
1,026

 
(7
)
Mortgage-backed securities
 
74,198

 
(562
)
 
22,655

 
(444
)
 
96,853

 
(1,006
)
Asset-backed securities
 
19,361

 
(83
)
 
—

 
—

 
19,361

 
(83
)
Corporate securities
 
19,087

 
(913
)
 
—

 
—

 
19,087

 
(913
)
Other securities
 
2,979

 
(21
)
 
—

 
—

 
2,979

 
(21
)
 
 
$
134,940

 
$
(1,823
)
 
$
31,192

 
$
(689
)
 
$
166,132

 
$
(2,512
)
 
 
December 31, 2014
 
 
Less Than 12 Months
 
12 Months or Longer
 
Total
 
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
Securities available-for-sale
 
 

 
 

 
 

 
 

 
 

 
 

U.S. Government-sponsored agencies
 
$
801

 
$
(10
)
 
$
8,719

 
$
(247
)
 
$
9,520

 
$
(257
)
Mortgage-backed securities
 
51,204

 
(57
)
 
21,237

 
(311
)
 
72,441

 
(368
)
Asset-backed securities
 
4,912

 
(1
)
 
—

 
—

 
4,912

 
(1
)
 
 
$
56,917

 
$
(68
)
 
$
29,956

 
$
(558
)
 
$
86,873

 
$
(626
)
Credit Losses Recognized In Earnings
December 31, 2015.
Other than Temporary Impairment, Credit Losses Recognized in Earnings
The following table provides information about debt securities for which only a credit loss was recognized in income and other losses are recorded in accumulated other comprehensive loss. The Company did not own any securities categorized as OTTI securities during the year ended December 31, 2015.
 
Accumulated Credit Losses
Credit losses on debt securities held
 

January 1, 2013
$
1,737

Realized losses related to OTTI
(603
)
Additions related to OTTI losses not previously recognized
31

Additions related to increases in previously recognized OTTI losses
18

December 31, 2013
1,183

Realized losses related to OTTI
(1,139
)
Recoveries related to OTTI
(44
)
December 31, 2014
$
—
Schedule of Accumulated Other Comprehensive Income (Loss)
Amounts reclassified from accumulated other comprehensive loss and the affected line items in the consolidated statements of income during the years ended December 31, 2014 and 2013 were as follows:
Details About Accumulated Other Comprehensive Loss Components
 
Amounts Reclassified from
Accumulated Other Comprehensive Loss
for the Year Ended December 31,
 
Affected Line Item in the
Statements of Income
 
2014
 
2013
 
Unrealized gains and losses on securities available for sale
 
 

 
 
 
 
Gain (loss) realized in earnings
 
$
538

 
$
(63
)
 
Gain (loss) on sale of securities
OTTI losses recognized in earnings
 
—

 
(49
)
 
Other-than-temporary impairment loss recognized in net income
Total reclassified amount before tax
 
538

 
(112
)
 
Income Before Income Taxes
Tax expense (benefit)
 
191

 
(38
)
 
Income Tax Provision
Total reclassifications out of accumulated other comprehensive loss
 
$
347

 
$
(74
)
 
Net Income