Securities (Tables)

9 Months Ended

Sep. 30, 2015

Trading Securities [Abstract]

Amortized Cost and Approximate Fair Values, Together with Gross Unrealized Gains and Losses of Securities

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

			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
	(In thousands)
Available-for-sale Securities:
September 30, 2015
U.S. government agencies	$	27,000	$	25	$	(2)	$	27,023
State and political subdivisions		3,587		36		––		3,623
	$	30,587	$	61	$	(2)	$	30,646
Available-for-sale Securities:
December 31, 2014:
U.S. government agencies	$	14,443	$	4	$	(67)	$	14,380
State and political subdivisions		4,841		105		––		4,946
Equity securities		4		18		––		22
	$	19,288	$	127	$	(67)	$	19,348

			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
	(In thousands)
Held-to-maturity Securities:
September 30, 2015:
State and political subdivisions	$	235	$	1	$	––	$	236
December 31, 2014:
State and political subdivisions	$	450	$	1	$	––	$	451

Amortized Cost and Fair Value of Available-for-Sale Securities and Held-to-Maturity Securities, by Contractual Maturity

 The amortized cost and fair value of available-for-sale securities and held-to-maturity securities at September 30, 2015, 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		Fair		Amortized		Fair
	Cost		Value		Cost		Value
	(In thousands)
Within one year	$	830	$	833	$	235	$	236
One to five years		28,264		28,308		—		—
Five to ten years		1,493		1,505		––		––
After ten years		—		—		––		––
Totals	$	30,587	$	30,646	$	235	$	236

Investments' Gross Unrealized Losses and Fair Value, Aggregated by Investment Category and Length of Time that Individual Securities have been in Continuous Unrealized Loss Position

The following tables show the Company’s investments’ gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at September 30, 2015 and December 31, 2014:

September 30, 2015

Less than 12 Months

12 Months or More

Total

Description of

Fair

Unrealized

Fair

Unrealized

Fair

Unrealized

Securities

Value

Losses

Value

Losses

Value

Losses

(In thousands)

U.S. Government agencies

$

4,998

$

(2)

$

—

$

—

$

4,998

$

(2)

December 31, 2014

Less than 12 Months

12 Months or More

Total

Description of

Fair

Unrealized

Fair

Unrealized

Fair

Unrealized

Securities

Value

Losses

Value

Losses

Value

Losses

(In thousands)

U.S. Government agencies

$

1,141

$

(2)

$

5,935

$

(65)

$

7,076

$

(67)