Note 3 - Securities (Tables)

3 Months Ended

Mar. 31, 2019

Notes Tables

Schedule of Available-for-sale Securities Reconciliation [Table Text Block]

	March 31, 2019
			Gross		Gross
			Unrealized		Unrealized
	Amortized		Holding		Holding		Fair
(in thousands)	Cost		Gains		Losses		Value
Available-for-sale debt securities:
Obligations of state and political subdivisions	$	132,165	$	807	$	848	$	132,124
U.S. government/government-sponsored agencies:
Collateralized mortgage obligations - residential		34,365		83		496		33,952
Collateralized mortgage obligations - commercial		75,948		8		813		75,143
Mortgage-backed securities		21,104		113		105		21,112
Private collateralized mortgage obligations		2,782		28		3		2,807
Corporate debt securities		5,000		49		56		4,993
Asset-backed securities		1,573		-		13		1,560
Negotiable certificates of deposit		2,428		-		5		2,423
Total available-for-sale debt securities	$	275,365	$	1,088	$	2,339	$	274,114

	December 31, 2018
			Gross		Gross
			Unrealized		Unrealized
	Amortized		Holding		Holding		Fair
(in thousands)	Cost		Gains		Losses		Value
Available-for-sale debt securities:
Obligations of state and political subdivisions	$	154,268	$	214	$	2,295	$	152,187
U.S. government/government-sponsored agencies:
Collateralized mortgage obligations - residential		35,147		6		946		34,207
Collateralized mortgage obligations - commercial		76,038		-		2,398		73,640
Mortgage-backed securities		24,165		47		278		23,934
Private collateralized mortgage obligations		2,908		7		2		2,913
Corporate debt securities		5,000		14		78		4,936
Asset-backed securites		1,825		-		23		1,802
Negotiable certificates of deposit		2,428		-		15		2,413
Total available-for-sale debt securities	$	301,779	$	288	$	6,035	$	296,032

Investments Classified by Contractual Maturity Date [Table Text Block]

	March 31, 2019
	Amortized		Fair
(in thousands)	Cost		Value
Amounts maturing in:
One year or less	$	1,734	$	1,731
After one year through five years		56,360		56,370
After five years through ten years		77,470		77,490
After ten years		4,029		3,949
Collateralized mortgage obligations		113,095		111,902
Mortgage-backed securities		21,104		21,112
Asset-backed securities		1,573		1,560
Total	$	275,365	$	274,114

Schedule of Unrealized Loss on Investments [Table Text Block]

	March 31, 2019
	Less than 12 Months						12 Months or Greater						Total
	Number				Gross		Number				Gross		Number				Gross
	of		Fair		Unrealized		of		Fair		Unrealized		of		Fair		Unrealized
(dollars in thousands)	Securities		Value		Losses		Securities		Value		Losses		Securities		Value		Losses
Obligations of state and policitical subdivisions		2	$	761	$	10		54	$	63,226	$	838		56	$	63,987	$	848
U.S. government/government-sponsored agencies:
Collateralized mortgage obligations - residential		-		-		-		11		24,424		496		11		24,424		496
Collateralized mortgage obligations - commercial		-		-		-		23		71,655		813		23		71,655		813
Mortgage-backed securities		-		-		-		6		10,453		105		6		10,453		105
Private collateralized mortgage obligations		1		874		3		-		-		-		1		874		3
Corporate debt securities		1		998		2		1		1,946		54		2		2,944		56
Asset-backed securities		-		-		-		2		1,560		13		2		1,560		13
Negotiable certificates of deposit		-		-		-		10		2,423		5		10		2,423		5
Total available-for-sale debt securities		4	$	2,633	$	15		107	$	175,687	$	2,324		111	$	178,320	$	2,339

	December 31, 2018
	Less than 12 Months						12 Months or Greater						Total
	Number				Gross		Number				Gross		Number				Gross
	of		Fair		Unrealized		of		Fair		Unrealized		of		Fair		Unrealized
(dollars in thousands)	Securities		Value		Losses		Securities		Value		Losses		Securities		Value		Losses
Obligations of state and policitical subdivisions		3	$	7,154	$	205		109	$	112,563	$	2,090		112	$	119,717	$	2,295
U.S. government/government-sponsored agencies:
Collateralized mortgage obligations - residential		-		-		-		14		31,414		946		14		31,414		946
Collateralized mortgage obligations - commercial		-		-		-		25		73,640		2,398		25		73,640		2,398
Mortgage-backed securities		1		52		-		6		10,294		278		7		10,346		278
Private collateralized mortgage obligations		1		950		2		-		-		-		1		950		2
Corporate debt securities		2		2,922		78		-		-		-		2		2,922		78
Asset-backed securities		1		369		2		1		1,433		21		2		1,802		23
Negotiable certificates of deposit		3		740		3		7		1,673		12		10		2,413		15
Total available-for-sale debt securities		11	$	12,187	$	290		162	$	231,017	$	5,745		173	$	243,204	$	6,035

Gain (Loss) on Securities [Table Text Block]

	March 31,		March 31,
(in thousands)	2019		2018
Net gains (losses) recognized on equity securities	$	12	$	(19	)
Less: net gains (losses) recognized on equity securities sold		-		-
Unrealized gains (losses) on equity securities held	$	12	$	(19	)

Investment [Table Text Block]

	March 31,		December 31,
(in thousands)	2019		2018
Stock in Federal Home Loan Bank of Pittsburgh	$	3,110	$	3,113
Stock in Atlantic Community Banker's Bank		10		10
Total restricted securities, at cost	$	3,120	$	3,123