Investment Securities (Tables)

3 Months Ended

Mar. 31, 2017

Investments Debt And Equity Securities [Abstract]

Schedule of amortized cost, contractual maturity, gross unrealized gains and losses, and fair value of debt securities classified as available-for-sale

	Total
	Amortized		Gross Unrealized					Fair
(in thousands)	Cost		Gains		Losses			Value
March 31, 2017
U.S. government and federal agency obligations	$	13,560	$	0	$	(289	)	$	13,271
Government sponsored enterprises		35,521		0		(331	)		35,190
Obligations of states and political subdivisions		46,733		180		(516	)		46,397
Mortgage-backed securities:
Residential - government agencies		121,996		132		(1,816	)		120,312
Commercial - government agencies		990		10		0			1,000
Total mortgage-backed securities		122,986		142		(1,816	)		121,312
Total available-for-sale securities	$	218,800	$	322	$	(2,952	)	$	216,170
December 31, 2016
U.S. government and federal agency obligations	$	13,667	$	0	$	(303	)	$	13,364
Government sponsored enterprises		32,786		2		(329	)		32,459
Obligations of states and political subdivisions		42,666		123		(757	)		42,032
Mortgage-backed securities:
Residential - government agencies		127,527		124		(1,995	)		125,656
Commercial - government agencies		989		12		0			1,001
Total mortgage-backed securities		128,516		136		(1,995	)		126,657
Total available-for-sale securities	$	217,635	$	261	$	(3,384	)	$	214,512

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	$	4,136	$	4,138
Due after one year through five years		59,006		58,628
Due after five years through ten years		26,630		26,123
Due after ten years		6,042		5,969
Total		95,814		94,858
Mortgage-backed securities		122,986		121,312
Total available-for-sale securities	$	218,800	$	216,170

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 March 31, 2017
U.S. government and federal agency obligations	$	8,362	$	(168	)	$	4,909	$	(121	)	$	13,271	$	(289	)
Government sponsored enterprises		34,190		(331	)		0		0			34,190		(331	)
Obligations of states and political subdivisions		28,205		(516	)		0		0			28,205		(516	)
Mortgage-backed securities:
Residential - government agencies		81,414		(1,381	)		23,717		(435	)		105,131		(1,816	)
Total	$	152,171	$	(2,396	)	$	28,626	$	(556	)	$	180,797	$	(2,952	)
(in thousands)
At December 31, 2016
U.S. government and federal agency obligations	$	13,365	$	(303	)	$	0	$	0		$	13,365	$	(303	)
Government sponsored enterprises		29,432		(329	)		0		0			29,432		(329	)
Obligations of states and political subdivisions		32,318		(757	)		0		0			32,318		(757	)
Mortgage-backed securities:
Residential - government agencies		109,772		(1,848	)		3,742		(147	)		113,514		(1,995	)
Total	$	184,887	$	(3,237	)	$	3,742	$	(147	)	$	188,629	$	(3,384	)

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

	Three Months Ended March 31,
(in thousands)	2017		2016
Gains realized on sales	$	0	$	472
Losses realized on sales		0		0
Other-than-temporary impairment recognized		0		0
Investment securities gains	$	0	$	472