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Securities (Tables)
9 Months Ended
Sep. 30, 2016
Investments [Abstract]  
Amortized Cost and Approximate Fair Value of Securities Available For Sale
The amortized cost and approximate fair value of securities available for sale as of September 30, 2016 and December 31, 2015 are summarized as follows:
໿
(Dollars in thousands)
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
September 30, 2016
 
 
 
 
 
 
 
U.S. government agencies
$
13,670

 
$
32

 
$
(49
)
 
$
13,653

State and political subdivisions
32,698

 
1,341

 
(8
)
 
34,031

Mortgage-backed securities -
 
 
 
 
 
 
 
U.S. government-sponsored enterprises
41,493

 
567

 
(114
)
 
41,946

 Corporate Debt
2,000

 
—

 
—

 
2,000


$
89,861

 
$
1,940

 
$
(171
)
 
$
91,630

December 31, 2015
 
 
 
 
 
 
 
U.S. government agencies
$
12,792

 
$
51

 
$
(55
)
 
$
12,788

State and political subdivisions
37,771

 
507

 
(129
)
 
38,149

Mortgage-backed securities -
 
 
 
 
 
 
 
U.S. government-sponsored enterprises
43,069

 
206

 
(436
)
 
42,839


$
93,632

 
$
764

 
$
(620
)
 
$
93,776

Amortized Cost and Fair Value of Securities By Contractual Maturity of Available-For-Sale Securities
(Dollars in thousands)
Amortized
Cost
 
Fair
Value
Due in one year or less
$
—

 
$
—

Due after one year through five years
198

 
200

Due after five years through ten years
6,392

 
6,620

Due after ten years
28,108

 
29,211

Total bonds and obligations
34,698

 
36,031

U.S. government agencies
13,670

 
13,653

Mortgage-backed securities:
 
 
 
U.S. government-sponsored enterprises
41,493

 
41,946

Total available for sale securities
$
89,861

 
$
91,630

Temporarily Impaired Gross Unrealized Losses And Fair Value of Available-For-Sale Securities
The following table shows gross unrealized losses and fair value of securities with unrealized losses that are not deemed to be other than temporarily impaired, aggregated by category and length of time that individual available for sale securities have been in a continuous unrealized loss position at September 30, 2016 and December 31, 2015.
໿

Less Than 12 Months
 
12 Months or More
 
Total
(Dollars in thousands)
Fair
Value
 
Gross
Unrealized
Losses
 
Fair
Value
 
Gross
Unrealized
Losses
 
Fair
Value
 
Gross
Unrealized
Losses
September 30, 2016
 
 
 
 
 
 
 
 
 
 
 
U.S. government agencies
$
2,129

 
$
(16
)
 
$
2,229

 
$
(33
)
 
$
4,358

 
$
(49
)
State and political subdivisions
597

 
(8
)
 
—

 
—

 
597

 
(8
)
Mortgage-backed securities -
 
 
 
 
 
 
 
 
 
 
 
U.S. government-sponsored enterprises
14,405

 
(107
)
 
865

 
(7
)
 
15,270

 
(114
)
Total temporarily impaired securities
$
17,131

 
$
(131
)
 
$
3,094

 
$
(40
)
 
$
20,225

 
$
(171
)
December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
U.S. government agencies
$
5,888

 
$
(23
)
 
$
2,473

 
$
(32
)
 
$
8,361

 
$
(55
)
State and political subdivisions
5,780

 
(107
)
 
2,998

 
(22
)
 
8,778

 
(129
)
Mortgage-backed securities -
 
 
 
 
 
 
 
 
 
 
 
U.S. government-sponsored enterprises
31,885

 
(436
)
 
—

 
—

 
31,885

 
(436
)
Total temporarily impaired securities
$
43,553

 
$
(566
)
 
$
5,471

 
$
(54
)
 
$
49,024

 
$
(620
)
Amortized Cost and Approximate Fair Value of Securities Held-To-Maturity
The amortized cost and approximate fair value of securities held to maturity as of September 30, 2016 and December 31, 2015 are summarized as follows:
໿
(Dollars in thousands)
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
September 30, 2016
 
 
 
 
 
 
 
State and political subdivisions
$
6,628

 
$
235

 
$
—

 
$
6,863

December 31, 2015
 
 
 
 
 
 
 
State and political subdivisions
$
6,834

 
$
174

 
$
—

 
$
7,008

Amortized Cost and Fair Value of Securities By Contractual Maturity of Held-To-Maturity Securities
The amortized cost and carrying value of securities held to maturity at September 30, 2016 are shown below by contractual maturity.  Actual maturities may differ from contractual maturities as issuers may have the right to call or prepay obligations with or without call or prepayment penalties.
(Dollars in thousands)
Amortized
Cost
 
Fair
Value
Due in one year or less
$
3,767

 
$
3,767

Due after one year through five years
—

 
—

Due after five years through ten years
1,818

 
1,925

Due after ten years
1,043

 
1,171

Total held to maturity securities
$
6,628

 
$
6,863