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2. Investment Securities (Tables)
9 Months Ended
Sep. 30, 2015
Investments, Debt and Equity Securities [Abstract]  
Investment securities available for sale
(Dollars in thousands)                      
    September 30, 2015    
   

 

Amortized

Cost

   

Gross

Unrealized

Gains

   

Gross

Unrealized

Losses

   

 

Estimated

Fair Value

Mortgage-backed securities   $ 75,386       2,098       18       77,466
U.S. Government                              
sponsored enterprises     38,793       505       129       39,169
State and political subdivisions     143,094       5,566       338       148,322
Corporate bonds     1,937       4       1       1,940
Trust preferred securities     750       -         -         750
Equity securities     748       426       -         1,174
Total   $ 260,708       8,599       486       268,821
                               
(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)                                  
    September 30, 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   $ 2,278       18       -         -         2,278       18
U.S. Government                                              
sponsored enterprises     2,319       20       9,064       109       11,383       129
State and political subdivisions     15,762       170       6,668       168       22,430       338
Corporate bonds     -         -         526       1       526       1
Total   $ 20,359       208       16,258       278       36,617       486

 

 

(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
September 30, 2015      
(Dollars in thousands)      
 

Amortized

Cost

 

Estimated

Fair Value

Due within one year $ 4,431   4,440
Due from one to five years   57,499   60,100
Due from five to ten years   107,022   109,524
Due after ten years   15,622   16,117
Mortgage-backed securities   75,386   77,466
Equity securities   748   1,174
Total $ 260,708   268,821