Securities (Tables)

6 Months Ended

Jun. 30, 2017

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
	(In thousands)
Available-for-sale securities
June 30, 2017:
U.S. government agencies	$	8	$	—	$	—	$	8
Mortgage-backed securities of           government sponsored entities		50,675		396		335		50,736
State and political subdivisions		11,101		375		44		11,432
Totals	$	61,784	$	771	$	379	$	62,176

	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

Schedule of Held To Maturity Securities

Amortized Cost			Gross Unrealized Gains			Gross Unrealized Losses			Fair Value
	(In thousands)
Held-to-maturity Securities:
June 30, 2017:
U.S. government agencies	$	15		$	—		$	—		$	15
Mortgage-backed securities of           government sponsored entities		682			3			1			684
State and political subdivisions		11,080			99			46			11,133
Totals	$	11,777		$	102		$	47		$	11,832

	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

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	$	5,215	$	5,406	$	2,058	$	2,065
Five to ten years		4,550		4,658		2,886		2,893
After ten years		1,344		1,376		6,151		6,190
		11,109		11,440		11,095		11,148
Mortgage-backed securities of      government sponsored entities		50,675		50,736		682		684
Totals	$	61,784	$	62,176	$	11,777	$	11,832

Schedule of Securities in a Gross Unrealized Loss Position

The following table shows the gross unrealized losses and fair value of the Company’s temporarily impaired investments, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position.

	June 30, 2017
	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	$	20,208	$	154	$	12,264	$	182	$	32,472	$	336
State and political subdivisions		4,406		48		974		42		5,380		90
Total temporarily impaired      securities	$	24,614	$	202	$	13,238	$	224	$	37,852	$	426

	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