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Securities (Tables)
12 Months Ended
Dec. 31, 2016
Investments, Debt and Equity Securities [Abstract]  
Schedule of Available for Sale Securities

The amortized cost and fair values, together with gross unrealized gains and losses, of securities are as follows:

   Amortized
Cost
   Gross
Unrealized
Gains
   Gross
Unrealized
Losses
   Fair Value 
Available-for-sale securities  (In thousands) 
   December 31, 2016:                    
     U.S. government agencies  $11   $   $   $11 
     Mortgage-backed securities of
          government-sponsored entities
   58,797    399    582    58,614 
     Private-label collateralized mortgage
          obligations
   41        1    40 
     State and political subdivisions   11,698    402    56    12,044 
          Totals  $70,547   $801   $639   $70,709 
                     

 

   Amortized
Cost
   Gross
Unrealized
Gains
   Gross
Unrealized
Losses
   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 
Schedule of Held To Maturity Securities
                
   Amortized
Cost
   Gross
Unrealized
Gains
   Gross
Unrealized
Losses
   Fair Value 
Held-to-maturity Securities:  (In thousands) 
December 31, 2016:                
     U.S. government agencies  $21   $   $   $21 
     Mortgage-backed securities of
          government-sponsored entities
   704    7        711 
     State and political subdivisions   8,834    12    239    8,607 
          Totals  $9,559   $19   $239   $9,339 
                     

 

   Amortized
Cost
   Gross
Unrealized
Gains
   Gross
Unrealized
Losses
   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 
Schedule of Expected Maturities of Available for Sale and Held To Maturity Securities

The amortized cost and fair value of available-for-sale securities and held-to-maturity securities at December 31, 2016, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties.

   Available-for-sale   Held-to-maturity 
   Amortized
cost
   Fair Value   Amortized
cost
   Fair Value 
   (In thousands) 
Within one year  $1,189   $1,212   $   $ 
One to five years   4,023    4,244    2,056    2,044 
Five to ten years   4,557    4,628    2,906    2,831 
After ten years   1,940    1,971    3,893    3,753 
    11,709    12,055    8,855    8,628 
                     
Mortgage-backed securities of
     government-sponsored entities
   58,797    58,614    704    711 
Private-label collateralized mortgage
     obligations
   41    40         
                     
     Totals  $70,547   $70,709   $9,559   $9,339 
Schedule of Securities in a Gross Unrealized Loss Position

The following table shows the gross unrealized losses and fair value of the Company’s investments, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at December 31, 2016 and 2015:

   December 31, 2016 
   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
  $32,810   $409   $7,978   $173   $40,788   $582 
Private-label collateralized
     mortgage obligations
           40    1    40    1 
State and political
     subdivisions
   8,087    204    929    91    9,016    295 
Total temporarily impaired
     securities
  $40,897   $613   $8,947   $265   $49,844   $878 
                               

 

   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