Securities (Tables)

3 Months Ended

Mar. 31, 2015

Investments, Debt and Equity Securities [Abstract]

Schedule Of Classification Of Available For Sale Securities Investment [Table Text Block]

The following table summarizes the Corporation’s securities as of March 31, 2015 and December 31, 2014:

(Dollar amounts in thousands)			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
Available for sale:
March 31, 2015:
U.S. Treasury and federal agency	$	1,491	$	-	$	(11)	$	1,480
U.S. government sponsored entities and agencies		38,455		67		(41)		38,481
U.S. agency mortgage-backed securities: residential		36,964		968		-		37,932
U.S. agency collateralized mortgage obligations: residential		36,356		58		(598)		35,816
State and political subdivisions		31,587		665		(55)		32,197
Corporate debt securities		3,005		4		(1)		3,008
Equity securities		2,356		317		(34)		2,639
	$	150,214	$	2,079	$	(740)	$	151,553
December 31, 2014:
U.S. Treasury and federal agency	$	1,491	$	-	$	(35)	$	1,456
U.S. government sponsored entities and agencies		35,452		10		(238)		35,224
U.S. agency mortgage-backed securities: residential		38,026		745		-		38,771
U.S. agency collateralized mortgage obligations: residential		37,564		16		(963)		36,617
State and political subdivisions		32,665		550		(191)		33,024
Corporate debt securities		2,006		-		(8)		1,998
Equity securities		2,356		415		-		2,771
	$	149,560	$	1,736	$	(1,435)	$	149,861

Schedule Of Contractual Maturities Of Available For Sale Securities Debt Maturities [Table Text Block]

Mortgage-backed securities and collateralized mortgage obligations are not due at a single maturity and are shown separately.

(Dollar amounts in thousands) 

	Available for sale
	Amortized		Fair
	Cost		Value
Due in one year or less	$	55	$	55
Due after one year through five years		43,942		44,095
Due after five through ten years		24,042		24,492
Due after ten years		6,499		6,524
Mortgage-backed securities: residential		36,964		37,932
Collateralized mortgage obligations: residential		36,356		35,816
	$	147,858	$	148,914

Schedule of Unrealized Loss on Investments [Table Text Block]

Information pertaining to securities with gross unrealized losses at March 31, 2015 and December 31, 2014, aggregated by investment category and length of time that individual securities have been in a continuous loss position are included in the table below:

(Dollar amounts in thousands)	Less than 12 Months				12 Months or More				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
Description of Securities	Value		Loss		Value		Loss		Value		Loss
March 31, 2015:
U.S. Treasury and federal agency	$	-	$	-	$	1,480	$	(11)	$	1,480	$	(11)
U.S. government sponsored entities and agencies		2,992		(8)		9,965		(33)		12,957		(41)
U.S. agency collateralized mortgage obligations: residential		1,818		(8)		26,917		(590)		28,735		(598)
State and political subdivisions		559		(1)		3,228		(54)		3,787		(55)
Corporate debt securities		1,001		(1)		-		-		1,001		(1)
Equity securities		916		(34)		-		-		916		(34)
	$	7,286	$	(52)	$	41,590	$	(688)	$	48,876	$	(740)
December 31, 2014:
U.S. Treasury and federal agency	$	-	$	-	$	1,456	$	(35)	$	1,456	$	(35)
U.S. government sponsored entities and agencies		11,412		(51)		16,805		(187)		28,217		(238)
U.S. agency collateralized mortgage obligations: residential		2,715		(14)		30,594		(949)		33,309		(963)
State and political subdivisions		5,154		(22)		10,221		(169)		15,375		(191)
Corporate debt securities		1,998		(8)		-		-		1,998		(8)
	$	21,279	$	(95)	$	59,076	$	(1,340)	$	80,355	$	(1,435)

Available-for-sale Securities [Table Text Block]

Gains on sales of available for sale securities for the three months ended March 31 were as follows:

(Dollar amounts in thousands)	For the three months
	ended March 31,
	2015		2014
Proceeds	$	-	$	21,559
Gains		-		658
Tax provision related to gains		-		224