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Investment Securities (Tables)
 3 Months Ended
Mar. 31, 2017
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):

 
 
 
 
 
 
March 31, 2017
  
 
Cost
Basis
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
US Agency
 
$
1,397
 
 
$
—
 
 
$
(6
) 
 
$
1,391
 
US Agency mortgage-backed securities
 
 
88,508
 
 
 
1,023
 
 
 
(641
) 
 
 
88,890
 
Taxable municipal
 
 
5,450
 
 
 
13
 
 
 
(176
) 
 
 
5,287
 
Corporate bonds
 
 
33,881
 
 
 
196
 
 
 
(601
) 
 
 
33,476
 
Total
 
$
129,236
 
 
$
1,232
 
 
$
(1,424
) 
 
$
129,044
 

Investment securities held to maturity (HTM):

 
 
 
 
 
 
March 31, 2017
  
 
Cost
Basis
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
US Agency mortgage-backed securities
 
$
10,784
 
 
$
186
 
 
$
(67
) 
 
$
10,903
 
Taxable municipal
 
 
19,907
 
 
 
144
 
 
 
(341
) 
 
 
19,710
 
Corporate bonds and other securities
 
 
6,046
 
 
 
17
 
 
 
(82
) 
 
 
5,981
 
Total
 
$
36,737
 
 
$
347
 
 
$
(490
) 
 
$
36,594
 

Investment securities available for sale (AFS):

 
 
 
 
 
 
December 31, 2016
  
 
Cost
Basis
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
US Agency
 
$
400
 
 
$
—
 
 
$
(2
) 
 
$
398
 
US Agency mortgage-backed securities
 
 
88,738
 
 
 
1,132
 
 
 
(686
) 
 
 
89,184
 
Taxable municipal
 
 
3,793
 
 
 
3
 
 
 
(174
) 
 
 
3,622
 
Corporate bonds
 
 
34,403
 
 
 
194
 
 
 
(724
) 
 
 
33,873
 
Total
 
$
127,334
 
 
$
1,329
 
 
$
(1,586
) 
 
$
127,077
 

Investment securities held to maturity (HTM):

 
 
 
 
 
 
December 31, 2016
  
 
Cost
Basis
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
US Agency mortgage-backed securities
 
$
11,177
 
 
$
180
 
 
$
(79
) 
 
$
11,278
 
Taxable municipal
 
 
13,441
 
 
 
70
 
 
 
(348
) 
 
 
13,163
 
Corporate bonds and other securities
 
 
6,047
 
 
 
15
 
 
 
(83
) 
 
 
5,979
 
Total
 
$
30,665
 
 
$
265
 
 
$
(510
) 
 
$
30,420
 
Schedule of Unrealized Loss on Investments [Table Text Block]
The following tables present information concerning investments with unrealized losses as of March 31, 2017 and December 31, 2016 (in thousands):

Total investment securities:

 
 
 
 
 
 
 
 
March 31, 2017
  
 
Less than 12 months
 
12 months or longer
 
Total
  
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
US Agency
 
$
1,391
 
 
$
(6
) 
 
$
—
 
 
$
—
 
 
$
1,391
 
 
$
(6
) 
US Agency mortgage-backed securities
 
 
52,169
 
 
 
(645
) 
 
 
1,478
 
 
 
(63
) 
 
 
53,647
 
 
 
(708
) 
Taxable municipal
 
 
14,830
 
 
 
(517
) 
 
 
—
 
 
 
—
 
 
 
14,830
 
 
 
(517
) 
Corporate bonds and other securities
 
 
17,979
 
 
 
(450
) 
 
 
7,766
 
 
 
(233
) 
 
 
25,745
 
 
 
(683
) 
Total
 
$
86,369
 
 
$
(1,618
) 
 
$
9,244
 
 
$
(296
) 
 
$
95,613
 
 
$
(1,914
) 

Total investment securities:

 
 
 
 
 
 
 
December 31, 2016
  
 
Less than 12 months
 
12 months or longer
 
Total
  
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
US Agency
 
$
398
 
 
$
(2
) 
 
$
—
 
 
$
—
 
 
$
398
 
 
$
(2
) 
US Agency mortgage-backed securities
 
 
49,918
 
 
 
(703
) 
 
 
1,576
 
 
 
(62
) 
 
 
51,494
 
 
 
(765
) 
Taxable municipal
 
 
13,301
 
 
 
(522
) 
 
 
—
 
 
 
—
 
 
 
13,301
 
 
 
(522
) 
Corporate bonds and other securities
 
 
20,380
 
 
 
(570
) 
 
 
6,762
 
 
 
(237
) 
 
 
27,142
 
 
 
(807
) 
Total
 
$
83,997
 
 
$
(1,797
) 
 
$
8,338
 
 
$
(299
) 
 
$
92,335
 
 
$
(2,096
) 
Schedule of Contractual Maturities of Securities [Table Text Block]

Total investment securities:

 
 
 
 
 
 
March 31, 2017
  
 
Available for sale
 
Held to maturity
  
 
Cost
Basis
 
Fair
Value
 
Cost
Basis
 
Fair
Value
Within 1 year
 
$
3,000
 
 
$
2,993
 
 
$
—
 
 
$
—
 
After 1 year but within 5 years
 
 
8,881
 
 
 
8,843
 
 
 
3,400
 
 
 
3,349
 
After 5 years but within 10 years
 
 
44,213
 
 
 
44,313
 
 
 
12,105
 
 
 
12,069
 
After 10 years but within 15 years
 
 
32,673
 
 
 
32,399
 
 
 
13,578
 
 
 
13,431
 
Over 15 years
 
 
40,469
 
 
 
40,496
 
 
 
7,654
 
 
 
7,745
 
Total
 
$
129,236
 
 
$
129,044
 
 
$
36,737
 
 
$
36,594