Securities (Tables)

3 Months Ended

Mar. 31, 2019

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 March 31, 2019 and December 31, 2018 were as follows:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Fair Value
	March 31, 2019
	(in thousands)
Obligations of U.S. government corporations and agencies	$	23,807	$	122	$	(235	)	$	23,694
Mortgage-backed securities	77,868		373		(597		)	77,644
Obligations of states and political subdivisions	42,180		628		(171		)	42,637
	$	143,855	$	1,123	$	(1,003	)	$	143,975
	December 31, 2018
	(in thousands)
Obligations of U.S. government corporations and agencies	$	22,183	$	29	$	(481	)	$	21,731
Mortgage-backed securities	77,976		145		(1,638		)	76,483
Obligations of states and political subdivisions	46,159		394		(469		)	46,084
	$	146,318	$	568	$	(2,588	)	$	144,298

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 March 31, 2019 and December 31, 2018 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
	March 31, 2019
	(in thousands)
Obligations of U.S. government corporations and agencies	$	—	$	—	$	12,751	$	235	$	12,751	$	235
Mortgage-backed securities	—		—		46,111		597		46,111		597
Obligations of states and political subdivisions	—		—		9,195		171		9,195		171
	$	—	$	—	$	68,057	$	1,003	$	68,057	$	1,003
	December 31, 2018
	(in thousands)
Obligations of U.S. government corporations and agencies	$	1,973	$	6	$	13,710	$	475	$	15,683	$	481
Mortgage-backed securities	16,659		332		42,966		1,306		59,625		1,638
Obligations of states and political subdivisions	3,594		52		12,864		417		16,458		469
	$	22,226	$	390	$	69,540	$	2,198	$	91,766	$	2,588

Restricted Investments

The composition of restricted investments at March 31, 2019 and December 31, 2018 was as follows:

	March 31, 2019		December 31, 2018
	(in thousands)
Federal Reserve Bank Stock	$	344	$	344
Federal Home Loan Bank Stock	686		686
Community Bankers’ Bank Stock	140		140
	$	1,170	$	1,170