XML 57 R21.htm IDEA: XBRL DOCUMENT v3.2.0.727
INVESTMENT SECURITIES (Tables)
6 Months Ended
Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]  
Schedule of amortized cost and approximate fair values of securities
   
June 30, 2015
 
   

Amortized
Cost
   
Gross
Unrealized
Gains
   
Gross
Unrealized
Losses
   

Fair
Value
 
   
 
(Unaudited; In Thousands)
 
 
Available-for-sale securities
               
 
Federal agencies
 
$
33,812
   
$
137
   
$
(215
)
 
$
33,734
 
 
State and municipal
   
 
45,654
     
 
919
     
(424
)
   
 
46,149
 
 
Government-sponsored enterprise (GSE) residential mortgage-backed and other asset-backed agency securities
   
 
51,313
     
 
241
     
(405
)
   
 
51,149
 
 
Corporate
   
 
3,623
     
 
-
     
(307
)
   
 
3,316
 
 
Totals
 
$
134,402
   
$
1,297
   
$
(1,351
)
 
$
134,348
 
     
   
 
December 31, 2014
 
   

Amortized
Cost
   
Gross
Unrealized
Gains
   
Gross
Unrealized
Losses
   

Fair
Value
 
   
 
(In Thousands)
 
 
Available-for-sale securities
                               
 
Federal agencies
 
$
31,894
   
$
147
   
$
(419
)
 
$
31,622
 
 
State and municipal
   
 
40,710
     
 
1,537
     
(47
)
   
 
42,200
 
 
Government-sponsored enterprise (GSE) residential mortgage-backed and other asset-backed agency securities
   
 
51,533
     
 
558
     
(350
)
   
 
51,741
 
 
Corporate
   
 
3,636
     
 
2
     
(316
)
   
 
3,322
 
 
Totals
 
$
127,773
   
$
2,244
   
$
(1,132
)
 
$
128,885
 
     
 
Schedule of amortized cost and fair value of available-for-sale securities by contractual maturity
The amortized cost and fair value of available-for-sale securities at June 30, 2015, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties.
   
Available-for-Sale
 
   
Amortized
Cost
   
Fair
Value
 
   
(Unaudited; In Thousands)
 
 
Within one year
 
$
5,004
   
$
5,045
 
One to five years
   
 
28,794
     
 
28,759
 
Five to ten years
   
 
14,123
     
 
14,341
 
After ten years
   
 
 
35,168
     
 
 
35,054
 
     
 
83,089
     
 
83,199
 
Government-sponsored enterprise (GSE) residential mortgage-backed and other asset-backed agency securities
   
 
 
51,313
     
 
 
51,149
 
 
Totals
 
$
134,402
   
$
134,348
 
                 
Schedule of gross unrealized losses on investment and fair value
   
June 30, 2015
 
   
Less than 12 Months
   
12 Months or More
   
Total
 
Description of Securities
 
Fair Value
   
Unrealized
Losses
   
Fair Value
   
Unrealized
Losses
   
Fair Value
   
Unrealized
Losses
 
   
(Unaudited; In Thousands)
 
 
Federal agencies
 
$
8,464
   
$
(36
)
 
$
10,817
   
$
(179
)
 
$
19,281
   
$
(215
)
 
State and municipal
   
 
19,741
     
(403
)
   
 
523
     
(21
)
   
 
20,264
     
(424
)
 
Government-sponsored enterprise (GSE) residential mortgage-backed and other asset-backed agency securities
   
 
24,919
     
(231
)
   
 
5,062
     
(174
)
   
 
29,981
     
(405
)
 
Corporate
   
 
2,207
     
(4
)
   
 
609
     
(303
)
   
 
2,816
     
(307
)
 
Total temporarily impaired securities
 
$
55,331
   
$
(674
)
 
$
17,011
   
$
(677
)
 
$
72,342
   
$
(1,351
)
                                                 
   
 
December 31, 2014
 
   
Less than 12 Months
   
12 Months or More
   
Total
 
Description of Securities
 
Fair Value
   
Unrealized
Losses
   
Fair Value
   
Unrealized
Losses
   
Fair Value
   
Unrealized
Losses
 
   
(In Thousands)
 
 
Federal agencies
 
$
12,302
   
$
(178
)
 
$
8,756
   
$
(241
)
 
$
21,058
   
$
(419
)
 
State and municipal
   
 
1,651
     
(14
)
   
 
2,706
     
(33
)
   
 
4,357
     
(47
)
 
Government-sponsored enterprise (GSE) residential mortgage-backed and other asset-backed agency securities
   
 
6,230
     
(74
)
   
 
10,697
     
(276
)
   
 
16,927
     
(350
)
 
Corporate
   
 
724
     
(1
)
   
 
1,095
     
(315
)
   
 
1,819
     
(316
)
 
Total temporarily impaired securities
 
$
20,907
   
$
(267
)
 
$
23,254
   
$
(865
)
 
$
44,161
   
$
(1,132
)