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2. Investment Securities (Tables) | 3 Months Ended
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Mar. 31, 2015
Investment Securities Tables |
Investment securities available for sale |
(Dollars in thousands) |  |  |  |  |  |  |
| March 31, 2015
| Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Estimated Fair Value
Mortgage-backed securities | $ | 86,230 |  | 2,331 |  | 8 |  | 88,553
U.S. Government |  |  |  |  |  |  |  |
sponsored enterprises |  | 36,977 |  | 526 |  | 141 |  | 37,362
State and political subdivisions |  | 145,568 |  | 7,044 |  | 138 |  | 152,474
Corporate bonds |  | 1,957 |  | 11 |  | 5 |  | 1,963
Trust preferred securities |  | 750 |  | - |  | - |  | 750
Equity securities |  | 748 |  | 725 |  | - |  | 1,473
Total | $ | 272,230 |  | 10,637 |  | 292 |  | 282,575
(Dollars in thousands) |  |  |  |  |  |  |  |
| December 31, 2014
| Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Estimated Fair Value
Mortgage-backed securities | $ | 88,496 |  | 1,766 |  | 52 |  | 90,210
U.S. Government |  |  |  |  |  |  |  |
sponsored enterprises |  | 33,766 |  | 418 |  | 136 |  | 34,048
State and political subdivisions |  | 145,938 |  | 6,534 |  | 226 |  | 152,246
Corporate bonds |  | 2,469 |  | 16 |  | 18 |  | 2,467
Trust preferred securities |  | 750 |  | - |  | - |  | 750
Equity securities |  | 748 |  | 630 |  | - |  | 1,378
Total | $ | 272,167 |  | 9,364 |  | 432 |  | 281,099
Current fair value and associated unrealized losses on investments in securities with unrealized losses |
(Dollars in thousands) |  |  |  |  |  |  |  |  |  |  |
| March 31, 2015
| Less than 12 Months |  | 12 Months or More |  | Total
| Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses
Mortgage-backed securities | $ | 127 |  | - |  | 2,954 |  | 8 |  | 3,081 |  | 8
U.S. Government |  |  |  |  |  |  |  |  |  |  |  |
sponsored enterprises |  | 2,549 |  | 21 |  | 9,639 |  | 120 |  | 12,188 |  | 141
State and political subdivisions |  | 6,328 |  | 30 |  | 6,784 |  | 108 |  | 13,112 |  | 138
Corporate bonds |  | - |  | - |  | 533 |  | 5 |  | 533 |  | 5
Total | $ | 9,004 |  | 51 |  | 19,910 |  | 241 |  | 28,914 |  | 292
(Dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |
| December 31, 2014
| Less than 12 Months |  | 12 Months or More |  | Total
| Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses
Mortgage-backed securities | $ | 436 |  | 1 |  | 2,963 |  | 51 |  | 3,399 |  | 52
U.S. Government |  |  |  |  |  |  |  |  |  |  |  |
sponsored enterprises |  | 2,996 |  | 4 |  | 9,850 |  | 132 |  | 12,846 |  | 136
State and political subdivisions |  | 567 |  | 1 |  | 14,998 |  | 225 |  | 15,565 |  | 226
Corporate bonds |  | - |  | - |  | 525 |  | 18 |  | 525 |  | 18
Total | $ | 3,999 |  | 6 |  | 28,336 |  | 426 |  | 32,335 |  | 432
Amortized cost and estimated fair value of investment securities available for sale by contractual maturity |
March 31, 2015 |  |  |
(Dollars in thousands) |  |  |
| Amortized Cost |  | Estimated Fair Value
Due within one year | $ | 4,399 |  | 4,412
Due from one to five years |  | 50,121 |  | 52,794
Due from five to ten years |  | 111,462 |  | 115,413
Due after ten years |  | 19,270 |  | 19,930
Mortgage-backed securities |  | 86,230 |  | 88,553
Equity securities |  | 748 |  | 1,473
Total | $ | 272,230 |  | 282,575

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- Definition Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27290-111563 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27357-111563 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27337-111563 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 320 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62557-112803 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27198-111563 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 320 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62586-112803 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27161-111563 + Details
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