Investment Securities (Tables)

12 Months Ended

Dec. 31, 2015

Investments Debt And Equity Securities [Abstract]

Schedule of amortized cost and fair value of debt securities classified as available-for-sale

			Gross		Gross
	Amortized		unrealized		unrealized
(in thousands)	cost		gains		losses		Fair value
December 31, 2015
Government sponsored enterprises	$	73,605	$	127	$	235	$	73,497
Asset-backed securities		130,179		440		1,768		128,851
Obligations of states and political subdivisions		32,224		493		11		32,706
Total available for sale securities	$	236,008	$	1,060	$	2,014	$	235,054
December 31, 2014
Government sponsored enterprises	$	57,002	$	240	$	143	$	57,099
Asset-backed securities		106,726		855		1,119		106,462
Obligations of states and political subdivisions		34,925		583		71		35,437
Total available for sale securities	$	198,653	$	1,678	$	1,333	$	198,998

Schedule of amortized cost and fair value of debt securities classified as available-for-sale by contractual maturity

	Amortized		Fair
(in thousands)	cost		value
Due in one year or less	$	24,894	$	24,890
Due after one year through five years		67,513		67,614
Due after five years through ten years		12,593		12,871
Due after ten years		829		828
Total		105,829		106,203
Asset-backed securities		130,179		128,851
Total available for sale securities	$	236,008	$	235,054

Schedule of gross unrealized losses on debt securities and fair value of related securities aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position

	Less than 12 months					12 months or more					Total		Total
	Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
(in thousands)	Value		Losses			Value		Losses			Value		Losses
At December 31, 2015
Government sponsored enterprises	$	43,539	$	(222	)	$	1,002	$	(13	)	$	44,541	$	(235	)
Asset-backed securities		56,095		(620	)		43,576		(1,148	)		99,671		(1,768	)
Obligations of states and political subdivisions		2,571		(6	)		718		(5	)		3,289		(11	)
Total	$	102,205	$	(848	)	$	45,296	$	(1,166	)	$	147,501	$	(2,014	)
(in thousands)
At December 31, 2014
Government sponsored enterprises	$	2,983	$	(4	)	$	17,862	$	(139	)	$	20,845	$	(143	)
Asset-backed securities		10,314		(50	)		45,445		(1,069	)		55,759		(1,119	)
Obligations of states and political subdivisions		3,667		(15	)		1,942		(56	)		5,609		(71	)
Total	$	16,964	$	(69	)	$	65,249	$	(1,264	)	$	82,213	$	(1,333	)

Schedule of components of investment securities gains (losses), which are recognized in earnings

(in thousands)	2015		2014			2013
Gains realized on sales	$	8	$	86		$	786
Losses realized on sales		0		(66	)		(8	)
Other-than-temporary impairment recognized		0		0			0
Investment securities gains	$	8	$	20		$	778