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Investment Securities (Tables)
 6 Months Ended
Jun. 30, 2016
Investment Securities [Abstract]  
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]

The cost basis and fair values of investment securities are summarized as follows (in thousands):

Investment securities available for sale (AFS):

 
 
 
 
 
 
June 30, 2016
  
 
Cost
Basis
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
US Agency
 
$
1,900
 
 
$
2
 
 
$
—
 
 
$
1,902
 
US Agency mortgage-backed securities
 
 
89,109
 
 
 
2,639
 
 
 
(25
) 
 
 
91,723
 
Corporate bonds
 
 
26,600
 
 
 
343
 
 
 
(243
) 
 
 
26,700
 
Total
 
$
117,609
 
 
$
2,984
 
 
$
(268
) 
 
$
120,325
 
 

Investment securities held to maturity (HTM):

 
 
 
 
 
 
June 30, 2016
  
 
Cost
Basis
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
US Agency mortgage-backed securities
 
$
12,248
 
 
$
520
 
 
$
—
 
 
$
12,768
 
Taxable municipal
 
 
7,131
 
 
 
268
 
 
 
—
 
 
 
7,399
 
Corporate bonds and other securities
 
 
6,049
 
 
 
48
 
 
 
(36
) 
 
 
6,061
 
Total
 
$
25,428
 
 
$
836
 
 
$
(36
) 
 
$
26,228
 

Investment securities available for sale (AFS):

 
 
 
 
 
 
December 31, 2015
  
 
Cost
Basis
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
US Agency
 
$
2,900
 
 
$
—
 
 
$
(19
) 
 
$
2,881
 
US Agency mortgage-backed securities
 
 
96,801
 
 
 
1,975
 
 
 
(442
) 
 
 
98,334
 
Corporate bonds
 
 
18,541
 
 
 
18
 
 
 
(307
) 
 
 
18,252
 
Total
 
$
118,242
 
 
$
1,993
 
 
$
(768
) 
 
$
119,467
 

Investment securities held to maturity (HTM):

 
 
 
 
 
 
December 31, 2015
  
 
Cost
Basis
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
US Agency mortgage-backed securities
 
$
10,827
 
 
$
247
 
 
$
(53
) 
 
$
11,021
 
Taxable municipal
 
 
5,592
 
 
 
67
 
 
 
(65
) 
 
 
5,594
 
Corporate bonds and other securities
 
 
5,000
 
 
 
3
 
 
 
(85
) 
 
 
4,918
 
Total
 
$
21,419
 
 
$
317
 
 
$
(203
) 
 
$
21,533
 
Schedule of Unrealized Loss on Investments [Table Text Block]
The following tables present information concerning investments with unrealized losses as of June 30, 2016 and December 31, 2015 (in thousands):

Total investment securities:

 
 
 
 
 
 
 
 
June 30, 2016
  
 
Less than 12 months
 
12 months or longer
 
Total
  
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
US Agency mortgage-backed securities
 
$
1,612
 
 
$
(4
) 
 
$
1,131
 
 
$
(21
) 
 
$
2,743
 
 
$
(25
) 
Corporate bonds and other securities
 
 
6,445
 
 
 
(55
) 
 
 
7,775
 
 
 
(224
) 
 
 
14,220
 
 
 
(279
) 
Total
 
$
8,057
 
 
$
(59
) 
 
$
8,906
 
 
$
(245
) 
 
$
16,963
 
 
$
(304
) 

Total investment securities:

 
 
 
 
 
 
 
 
December 31, 2015
  
 
Less than 12 months
 
12 months or longer
 
Total
  
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
US Agency
 
$
1,486
 
 
$
(14
) 
 
$
395
 
 
$
(5
) 
 
$
1,881
 
 
$
(19
) 
US Agency mortgage-backed securities
 
 
33,359
 
 
 
(245
) 
 
 
9,088
 
 
 
(250
) 
 
 
42,447
 
 
 
(495
) 
Taxable municipal
 
 
3,617
 
 
 
(65
) 
 
 
—
 
 
 
—
 
 
 
3,617
 
 
 
(65
) 
Corporate bonds and other securities
 
 
8,884
 
 
 
(160
) 
 
 
7,766
 
 
 
(232
) 
 
 
16,650
 
 
 
(392
) 
Total
 
$
47,346
 
 
$
(484
) 
 
$
17,249
 
 
$
(487
) 
 
$
64,595
 
 
$
(971
) 
Schedule of Contractual Maturities of Securities

Total investment securities:

 
 
 
 
 
 
June 30, 2016
  
 
Available for sale
 
Held to maturity
  
 
Cost
Basis
 
Fair
Value
 
Cost
Basis
 
Fair
Value
Within 1 year
 
$
2,999
 
 
$
3,012
 
 
$
1,000
 
 
$
999
 
After 1 year but within 5 years
 
 
9,800
 
 
 
9,847
 
 
 
2,400
 
 
 
2,392
 
After 5 years but within 10 years
 
 
34,007
 
 
 
34,998
 
 
 
8,234
 
 
 
8,490
 
After 10 years but within 15 years
 
 
36,719
 
 
 
37,704
 
 
 
4,356
 
 
 
4,475
 
Over 15 years
 
 
34,084
 
 
 
34,764
 
 
 
9,438
 
 
 
9,872
 
Total
 
$
117,609
 
 
$
120,325
 
 
$
25,428
 
 
$
26,228