Available-For-Sale Securities (Tables)

6 Months Ended

Jun. 30, 2016

Available-For-Sale Securities

Summary of the amortized cost and fair value of the available for sale investment securities portfolio

	(Dollars in Thousands)
			Gross		Gross
	Amortized		Unrealized		Unrealized			Fair
	Cost		Gains		Losses			Value
June 30, 2016
U. S. government agencies and government sponsored entities	$	2,998	$	2	$	—		$	3,000
Agency mortgage-backed securities: residential	28,250		549		(16		)	28,783
State and municipal	23,732		774		(2		)	24,504
Trust preferred security	1,882		—		(622		)	1,260
Corporate bonds	1,000		—		(6		)	994
Total Available-for-Sale Securities	$	57,862	$	1,325	$	(646	)	$	58,541
December 31, 2015
U. S. government agencies and government sponsored entities	$	2,998	$	3	$	(7	)	$	2,994
Agency mortgage-backed securities: residential	29,446		259		(48		)	29,657
State and municipal	24,641		615		(34		)	25,222
Trust preferred security	1,880		—		(540		)	1,340
Corporate bonds	1,000		—		(13		)	987
Total Available-for-Sale Securities	$	59,965	$	877	$	(642	)	$	60,200

Summary of the amortized cost and fair value of investment securities by contractual maturity

	June 30, 2016
	(Dollars in Thousands)
	Available-For-Sale
	Amortized Cost		Fair Value
Due in one year or less	$	1,532	$	1,543
Due from one to five years	12,375		12,582
Due from five to ten years	11,219		11,616
Due after ten years	4,486		4,017
Agency mortgage-backed: residential	28,250		28,783
Total	$	57,862	$	58,541

Summary of the investment securities with unrealized losses aggregated by investment category and length of time that individual securities have been in continuous unrealized loss position

	(Dollars in Thousands)
	Less than 12 Months					12 Months or More					Total
Description of Securities	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
June 30, 2016:
U.S. government agencies and government sponsored entities	$	—	$	—		$	—	$	—		$	—	$	—
Agency mortgage-backed: residential	1,951		(16		)	—		—			1,951		(16		)
State and municipal	1,468		(2		)	—		—			1,468		(2		)
Trust preferred security	—		—			1,260		(622		)	1,260		(622		)
Corporate Bonds	994		(6		)	—		—			994		(6		)
Total temporarily impaired	$	4,413	$	(24	)	$	1,260	$	(622	)	$	5,673	$	(646	)

	(Dollars in Thousands)
	Less than 12 Months					12 Months or More					Total
Description of Securities	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
December 31, 2015:
U.S. government agencies and government sponsored entities	$	—	$	—		$	992	$	(7	)	$	992	$	(7	)
Agency mortgage-backed: residential	7,009		(25		)	1,475		(23		)	8,484		(48		)
State and municipal	3,797		(19		)	617		(15		)	4,414		(34		)
Trust preferred security	—		—			1,340		(540		)	1,340		(540		)
Corporate bonds	987		(13		)	—		—			987		(13		)
Total temporarily impaired	$	11,793	$	(57	)	$	4,424	$	(585	)	$	16,217	$	(642	)