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Securities (Tables)
12 Months Ended
Dec. 31, 2018
Securities [Abstract]  
Schedule of Amortized Cost Gross Unrealized Gains and Losses, and Fair Values of Securities













 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

December 31, 2018



 

 

 

 

 

Gross

 

 

Gross

 

 

 



 

 

Amortized

 

 

Unrealized

 

 

Unrealized

 

 

Fair



 

 

Cost

 

 

Gains

 

 

Losses

 

 

Value



 

(In Thousands)

AVAILABLE FOR SALE:

 

 

 

 

 

 

 

 

 

 

 

 

States and political subdivisions

 

$

99,218 

 

$

385 

 

$

(1,990)

 

$

97,613 

Corporate obligations

 

 

8,896 

 

 

 -

 

 

(256)

 

 

8,640 

Mortgage-backed securities-

 

 

 

 

 

 

 

 

 

 

 

 

government sponsored entities

 

 

142,197 

 

 

25 

 

 

(5,198)

 

 

137,024 

   Total debt securities

 

$

250,311 

 

$

410 

 

$

(7,444)

 

$

243,277 



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 





 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

December 31, 2017



 

 

 

 

 

Gross

 

 

Gross

 

 

 



 

 

Amortized

 

 

Unrealized

 

 

Unrealized

 

 

Fair



 

 

Cost

 

 

Gains

 

 

Losses

 

 

Value



 

(In Thousands)

AVAILABLE FOR SALE:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury securities

 

$

2,001 

 

$

 -

 

$

(3)

 

$

1,998 

States and political subdivisions

 

 

120,000 

 

 

1,535 

 

 

(1,057)

 

 

120,478 

Corporate obligations

 

 

10,068 

 

 

16 

 

 

(95)

 

 

9,989 

Mortgage-backed securities-

 

 

 

 

 

 

 

 

 

 

 

 

government sponsored entities

 

 

152,901 

 

 

17 

 

 

(4,262)

 

 

148,656 

   Total debt securities

 

$

284,970 

 

$

1,568 

 

$

(5,417)

 

$

281,121 



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



Schedule of Investments' Gross Unrealized Losses and Fair Value Aggregated by Security Type and Length of Time that Individual Securities have been in a Continous Unrealized Loss Position



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



December 31, 2018



Less than 12 Months

 

12 Months or More

 

Total



Fair Value

 

Unrealized Losses

 

Fair Value

 

Unrealized Losses

 

Fair Value

 

Unrealized Losses

States and political subdivisions

$

19,140 

 

$

(390)

 

$

56,740 

 

$

(1,600)

 

$

75,880 

 

$

(1,990)

Corporate obligations

 

2,045 

 

 

(21)

 

 

6,595 

 

 

(235)

 

 

8,640 

 

 

(256)

Mortgage-backed securities-government sponsored entities

 

8,444 

 

 

(22)

 

 

122,950 

 

 

(5,176)

 

 

131,394 

 

 

(5,198)



$

29,629 

 

$

(433)

 

$

186,285 

 

$

(7,011)

 

$

215,914 

 

$

(7,444)









 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



December 31, 2017



Less than 12 Months

 

12 Months or More

 

Total



Fair Value

 

Unrealized Losses

 

Fair Value

 

Unrealized Losses

 

Fair Value

 

Unrealized Losses

U.S. Treasury securities

$

 -

 

$

 -

 

$

1,998 

 

$

(3)

 

$

1,998 

 

$

(3)

States and political subdivisions

 

17,310 

 

 

(228)

 

 

44,948 

 

 

(829)

 

 

62,258 

 

 

(1,057)

Corporate obligations

 

 -

 

 

 -

 

 

6,859 

 

 

(95)

 

 

6,859 

 

 

(95)

Mortgage-backed securities-government sponsored entities

 

22,250 

 

 

(320)

 

 

125,846 

 

 

(3,942)

 

 

148,096 

 

 

(4,262)



$

39,560 

 

$

(548)

 

$

179,651 

 

$

(4,869)

 

$

219,211 

 

$

(5,417)



Schedule of Amortized Cost and Fair Value of Debt Securities by Contractual Maturity



 

 

 

 

 



Amortized

 

Fair



Cost

 

Value



 

(In Thousands)

Due in one year or less

$

1,666

 

$

1,671

Due after one year through five years

 

22,532

 

 

22,130

Due after five years through ten years

 

44,638

 

 

43,454

Due after ten years

 

39,278

 

 

38,998



 

108,114

 

 

106,253



 

 

 

 

 

Mortgage-backed securities - government sponsored entities

 

142,197

 

 

137,024



$

250,311

 

$

243,277