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INVESTMENT SECURITIES (Tables)
9 Months Ended
Sep. 30, 2015
Investments, Debt and Equity Securities [Abstract]  
Schedule of amortized cost and approximate fair values of securities
 
   
September 30, 2015
 
   

Amortized
Cost
   
Gross
Unrealized
Gains
   
Gross
Unrealized
Losses
   

Fair
Value
 
   
 
(Unaudited; In Thousands)
 
 
Available-for-sale securities
               
Federal agencies
 
$
31,716
   
$
223
   
$
(28
)
 
$
31,911
 
State and municipal
   
 
47,138
     
 
1,266
     
(130
)
   
 
48,274
 
Government-sponsored enterprise (GSE) residential mortgage-backed and other asset-backed agency securities
   
 
51,016
     
 
620
     
(138
)
   
 
51,498
 
Corporate
   
 
3,624
     
 
3
     
(332
)
   
 
3,295
 
Totals
 
$
133,494
   
$
2,112
   
$
(628
)
 
$
134,978
 
       
     
   
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
 
   
Available-for-Sale
 
   
Amortized Cost
   
Fair Value
 
   
(Unaudited; In Thousands)
 
Within one year
 
$
3,002
   
$
3,025
 
One to five years
   
 
30,454
     
 
30,639
 
Five to ten years
   
 
12,367
     
 
12,719
 
After ten years
   
 
 
36,655
     
 
 
37,097
 
     
 
82,478
     
 
83,480
 
Government-sponsored enterprise (GSE) residential mortgage-backed and other asset-backed agency securities
   
 
 
51,016
     
 
 
51,498
 
 
Totals
 
$
133,494
   
$
134,978
 
Schedule of gross unrealized losses on investment and fair value
 
   
September 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
 
$
7,986
   
$
(10
)
 
$
2,982
   
$
(18
)
 
$
10,968
   
$
(28
)
 
State and municipal
   
 
10,189
     
(119
)
   
 
531
     
(11
)
   
 
10,720
     
(130
)
 
Government-sponsored enterprise (GSE) residential mortgage-backed and other asset-backed agency securities
   
 
4,771
     
(16
)
   
 
4,894
     
(122
)
   
 
9,665
     
(138
)
 
Corporate
   
 
1,182
     
(23
)
   
 
604
     
(309
)
   
 
1,786
     
(332
)
 
Total temporarily impaired securities
 
$
24,128
   
$
(168
)
 
$
9,011
   
$
(460
)
 
$
33,139
   
$
(628
)
                                                 
                                                 
   
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
)