XML 50 R34.htm IDEA: XBRL DOCUMENT v3.3.1.900

Investment Securities (Tables)

12 Months Ended

Dec. 31, 2015

Investments, Debt and Equity Securities [Abstract]

Available-for-sale Securities [Table Text Block]

A summary of investment securities available-for-sale is as follows:

(Dollars in thousands)		As of December 31, 2015
					Gross			Gross
		Amortized			unrealized			unrealized			Estimated
		cost			gains			losses			fair value
U. S. treasury securities		$	6,517		$	1		$	(1)		$	6,517
U. S. federal agency obligations			30,064			43			(187)			29,920
Municipal obligations, tax exempt			135,341			2,671			(71)			137,941
Municipal obligations, taxable			81,999			472			(581)			81,890
Agency mortgage-backed securities			85,829			391			(235)			85,985
Common stocks			580			906			-			1,486
Certificates of deposit			9,699			-			-			9,699
Total		$	350,029		$	4,484		$	(1,075)		$	353,438

		As of December 31, 2014
					Gross			Gross
		Amortized			unrealized			unrealized			Estimated
		cost			gains			losses			fair value
U. S. treasury securities		$	6,530		$	1		$	(1)		$	6,530
U. S. federal agency obligations			25,983			34			(274)			25,743
Municipal obligations, tax exempt			108,752			1,937			(180)			110,509
Municipal obligations, taxable			63,728			544			(350)			63,922
Agency mortgage-backed securities			135,072			1,152			(705)			135,519
Common stocks			588			695			-			1,283
Certificates of deposit			5,425			-			-			5,425
Total		$	346,078		$	4,363		$	(1,510)		$	348,931

Available For Sale Securities Continuous Unrealized Loss Position Fair Value [Table Text Block]

Securities which were temporarily impaired are shown below, along with the length of time in a continuous unrealized loss position.

(Dollars in thousands)					As of December 31, 2015
					Less than 12 months						12 months or longer						Total
		No. of			Fair			Unrealized			Fair			Unrealized			Fair			Unrealized
		securities			value			losses			value			losses			value			losses
U.S. treasury securities			2		$	3,542		$	(1)		$	-		$	-		$	3,542		$	(1)
U.S. federal agency obligations			18			23,015			(163)			1,976			(24)			24,991			(187)
Municipal obligations, tax exempt			47			11,328			(53)			2,132			(18)			13,460			(71)
Municipal obligations, taxable			105			38,605			(494)			5,068			(87)			43,673			(581)
Agency mortgage-backed securities			40			29,814			(166)			2,925			(69)			32,739			(235)
Total			212		$	106,304		$	(877)		$	12,101		$	(198)		$	118,405		$	(1,075)

					As of December 31, 2014
					Less than 12 months						12 months or longer						Total
		No. of			Fair			Unrealized			Fair			Unrealized			Fair			Unrealized
		securities			value			losses			value			losses			value			losses
U.S. treasury securities			1		$	2,960		$	(1)		$	-		$	-		$	2,960		$	(1)
U.S. federal agency obligations			14			7,361			(14)			11,958			(260)			19,319			(274)
Municipal obligations, tax exempt			71			13,927			(66)			7,329			(114)			21,256			(180)
Municipal obligations, taxable			74			14,797			(92)			14,827			(258)			29,624			(350)
Agency mortgage-backed securities			29			17,535			(76)			25,759			(629)			43,294			(705)
Total			189		$	56,580		$	(249)		$	59,873		$	(1,261)		$	116,453		$	(1,510)

Investments Classified by Contractual Maturity Date [Table Text Block]

The amortized cost and fair value of investment securities at December 31, 2015 are as follows:

(Dollars in thousands)		Amortized			Estimated
		cost			fair value
Due in less than one year		$	11,263		$	11,298
Due after one year but within five years			191,976			192,345
Due after five years but within ten years			88,867			90,216
Due after ten years			57,343			58,093
Common stocks			580			1,486
Total		$	350,029		$	353,438

Schedule of Realized Gain (Loss) [Table Text Block]

Sales proceeds and gross realized gains and losses on sales of available-for-sale securities are as follows:

(Dollars in thousands)		Years ended December 31,
		2015			2014			2013
Sales proceeds		$	30,610		$	8,265		$	6,348
Realized gains		$	230		$	125		$	-
Realized losses			(349)			(26)			-
Net realized (losses) gains		$	(119)		$	99		$	-

X

- Definition

Tabular disclosure of fair value of investments in debt and equity securities in an unrealized loss position categorized neither as held-to-maturity nor trading securities.

+ References

No definition available.

+ Details

Name:	us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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 942
-SubTopic 320
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62557-112803

Reference 2: 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 3: 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 4: 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 5: 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

Reference 6: 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 7: 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

+ Details

Name:	us-gaap_AvailableForSaleSecuritiesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments.

+ References

No definition available.

+ Details

Name:	us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the proceeds from sales of available-for-sale securities and the gross realized gains and gross realized losses that have been included in earnings as a result of those sales.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 9
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27357-111563

+ Details

Name:	us-gaap_ScheduleOfRealizedGainLossTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration