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Securities (Tables)
12 Months Ended
Dec. 31, 2015
Securities [Abstract]  
Schedule of Available for Sale Securities
 

Amortized
Cost


 

Gross
Unrealized
Gains


 

Gross
Unrealized
Losses


 

Approximate
Fair Value


Available-for-sale securities (In thousands)

December 31, 2015:

           

U.S. government agencies

  $ 101   $   $   $ 101

Mortgage-backed securities of
           government-sponsored entities

  75,972   662   530   76,104

Private-label collateralized mortgage
            obligations

  274   3     277

State and political subdivisions

  18,224   677   36   18,865

Totals

  $ 94,571   $ 1,342   $ 566   $ 95,347
       
 

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


Held-to-maturity Securities: (In thousands)

December 31, 2015:

           

U.S. government agencies

  $ 82   $   $   $ 82

Mortgage-backed securities of
           government-sponsored entities

  1,052   5     1,057

State and political subdivisions

  7,173   29   136   7,066

Totals

  $ 8,307   $ 34   $ 136   $ 8,205


           


           
 

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)

Within one year

  $ 3,631     $ 3,679     $     $  

One to five years

 
3,022   3,219   843   858

Five to ten years

  3,342   3,489   3,473   3,393

After ten years

  8,330   8,579   2,939   2,897
  18,325   18,966   7,255   7,148

Mortgage-backed securities of
     government-sponsored entities

  75,972   76,104   1,052   1,057

Private-label collateralized mortgage
     obligations

  274   277    
       

Totals

  $ 94,571   $ 95,347   $ 8,307   $ 8,205
Schedule of Securities in a Gross Unrealized Loss Position

December 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

  $ 32,930   $ 269   $ 14,560   $ 261   $ 47,490   $ 530

State and political
     subdivisions

  3,756   50   2,515   122   6,271   172

Total temporarily impaired
     securities

  $ 36,686   $ 319   $ 17,075   $ 383   $ 53,761   $ 702
           
                                                 
 

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