Securities (Tables)

3 Months Ended

Mar. 31, 2015

Securities [Abstract]

Schedule of Available for Sale Securities

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Approximate Fair Value
	(In thousands)
Available-for-sale securities
March 31, 2015:
U.S. government agencies	$	123	$	-	$	-	$	123
Mortgage-backed securities of government sponsored entities		83,437		1,305		168		84,574
Private-label collateralized mortgage obligations		445		9		-		454
State and political subdivisions		18,213		986		14		19,185
Totals	$	102,218	$	2,300	$	182	$	104,336
		Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Approximate Fair Value
Available-for-sale securities	(In thousands)
December 31, 2014:
U.S. government agencies	$	126	$	-	$	-	$	126
Mortgage-backed securities of government sponsored entities		87,284		1,202		273		88,213
Private-label collateralized mortgage obligations		491		11		-		502
State and political subdivisions		19,174		992		38		20,128
Totals	$	107,075	$	2,205	$	311	$	108,969

Schedule of Held To Maturity Securities

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Approximate Fair Value
	(In thousands)
Held-to-maturity Securities:
March 31, 2015:
U.S. government agencies	$	98	$	-	$	-	$	98
Mortgage-backed securities of government sponsored entities		1,318		30		-		1,348
State and political subdivisions		6,858		33		110		6,781
Totals	$	8,274	$	63	$	110	$	8,227
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Approximate Fair Value
Held-to-maturity Securities:	(In thousands)
December 31, 2014:
U.S. government agencies	$	100	$	-	$	-	$	100
Mortgage-backed securities of government sponsored entities		1,332		22		-		1,354
State and political subdivisions		5,557		7		181		5,383
Totals	$	6,989	$	29	$	181	$	6,837

Schedule of Expected Maturities of Available for Sale and Held To Maturity Securities

	Available-for-sale				Held-to-maturity
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
	(In thousands)
One to five years	$	6,236	$	6,600	$	-	$	-
Five to ten years		1,354		1,421		3,050		3,063
After ten years		10,746		11,287		3,906		3,816
		18,336		19,308		6,956		6,879
Mortgage-backed securities of  government sponsored entities		83,437		84,574		1,318		1,348
Private-label collateralized   mortgage obligations		445		454		-		-
Totals	$	102,218	$	104,336	$	8,274	$	8,227

Schedule of Securities in a Gross Unrealized Loss Position

	March 31, 2015
	Less than 12 Months				More than 12 Months				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
	(In thousands)
Mortgage-backed securities of government sponsored entities	$	14,987	$	103	$	11,749	$	65	$	26,736	$	168
State and political subdivisions		2,926		35		2,563		89		5,489		124
Total temporarily impaired securities	$	17,913	$	138	$	14,312	$	154	$	32,225	$	292
	December 31, 2014
	Less than 12 Months				More than 12 Months				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
	(In thousands)
Mortgage-backed securities of government sponsored entities	$	22,443	$	118	$	13,947	$	155	$	36,390	$	273
State and political subdivisions		1,082		3		5,421		216		6,503		219
Total temporarily impaired securities	$	23,525	$	121	$	19,368	$	371	$	42,893	$	492