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Securities (Tables)
 9 Months Ended
Sep. 30, 2015
Available-for-sale Securities [Abstract]  
Amortized Costs And Fair Values Of Securities Available For Sale
Amortized costs and fair values of securities available for sale at September 30, 2015 and December 31, 2014 were as follows:
 
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
(Losses)
 
Fair
Value
 
September 30, 2015
 
(in thousands)
Obligations of U.S. government corporations and agencies
$
38,808

 
$
625

 
$
(48
)
 
$
39,385

Mortgage-backed securities
21,111

 
384

 
(83
)
 
21,412

Obligations of states and political subdivisions
39,210

 
1,195

 
(20
)
 
40,385

 
$
99,129

 
$
2,204

 
$
(151
)
 
$
101,182

 
December 31, 2014
 
(in thousands)
Obligations of U.S. government corporations and agencies
$
36,911

 
$
599

 
$
(299
)
 
$
37,211

Mortgage-backed securities
15,245

 
545

 
(11
)
 
15,779

Obligations of states and political subdivisions
39,025

 
1,432

 
(47
)
 
40,410

Corporate securities
761

 
4

 
—

 
765

 
$
91,942

 
$
2,580

 
$
(357
)
 
$
94,165
Fair Value And Gross Unrealized Losses For Securities Available For Sale
The fair value and gross unrealized losses for securities available for sale, totaled by the length of time that individual securities have been in a continuous gross unrealized loss position, at September 30, 2015 and December 31, 2014 were as follows:
 
 
Less than 12 months
 
12 months or more
 
Total
 
Fair Value
 
Gross
Unrealized
Losses
 
Fair Value
 
Gross
Unrealized
Losses
 
Fair Value
 
Gross
Unrealized
Losses
 
September 30, 2015
 
(in thousands)
Obligations of U.S. government corporations and agencies
$
11,877

 
$
39

 
$
1,991

 
$
9

 
$
13,868

 
$
48

Mortgage-backed securities
7,313

 
68

 
1,190

 
15

 
8,503

 
83

Obligations of states and political subdivisions
3,530

 
18

 
1,012

 
2

 
4,542

 
20

 
$
22,720

 
$
125

 
$
4,193

 
$
26

 
$
26,913

 
$
151

 
December 31, 2014
 
(in thousands)
Obligations of U.S. government corporations and agencies
$
1,997

 
$
1

 
$
21,615

 
$
298

 
$
23,612

 
$
299

Mortgage-backed securities
—

 
—

 
1,444

 
11

 
1,444

 
11

Obligations of states and political subdivisions
2,998

 
12

 
2,414

 
35

 
5,412

 
47

 
$
4,995

 
$
13

 
$
25,473

 
$
344

 
$
30,468

 
$
357
Restricted Investments
The composition of restricted investments at September 30, 2015 and December 31, 2014 was as follows:
 
 
September 30, 2015
 
December 31, 2014
 
(in thousands)
Federal Reserve Bank Stock
$
344

 
$
344

Federal Home Loan Bank Stock
1,837

 
2,324

Community Bankers’ Bank Stock
140

 
140

 
$
2,321

 
$
2,808