XML 59 R31.htm IDEA: XBRL DOCUMENT v2.4.1.9
Securities (Tables)
12 Months Ended
Dec. 31, 2014
Securities [Abstract]  
Reconciliation From Amortized Cost To Estimated Fair Value Of Marketable Securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2014

 

December 31, 2013

(In thousands)

 

Amortized cost

 

Gross unrealized gains

 

Gross unrealized losses

 

Estimated fair value

 

Amortized cost

 

Gross unrealized gains

 

Gross unrealized losses

 

Estimated fair value

Available for sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Government sponsored entities  

 

$

4,711 

 

$

 -

 

$

(93)

 

$

4,618 

 

$

6,723 

 

$

27 

 

$

(332)

 

$

6,418 

State and political subdivisions    

 

 

11,055 

 

 

112 

 

 

(35)

 

 

11,132 

 

 

16,960 

 

 

192 

 

 

(554)

 

 

16,598 

Residential mortgage-backed securities    

 

 

33,884 

 

 

646 

 

 

(147)

 

 

34,383 

 

 

44,168 

 

 

696 

 

 

(475)

 

 

44,389 

Commercial mortgage-backed securities    

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

887 

 

 

 

 

(1)

 

 

888 

Corporate and other securities

 

 

10,188 

 

 

63 

 

 

(311)

 

 

9,940 

 

 

13,173 

 

 

67 

 

 

(400)

 

 

12,840 

Total securities available
for sale

 

$

59,838 

 

$

821 

 

$

(586)

 

$

60,073 

 

$

81,911 

 

$

984 

 

$

(1,762)

 

$

81,133 

Held to maturity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Government sponsored entities  

 

$

4,440 

 

$

 -

 

$

(124)

 

$

4,316 

 

$

5,814 

 

$

 -

 

$

(460)

 

$

5,354 

State and political subdivisions    

 

 

2,417 

 

 

277 

 

 

 -

 

 

2,694 

 

 

2,441 

 

 

121 

 

 

(17)

 

 

2,545 

Residential mortgage-backed securities    

 

 

8,164 

 

 

211 

 

 

(29)

 

 

8,346 

 

 

10,395 

 

 

145 

 

 

(198)

 

 

10,342 

Commercial mortgage-backed securities    

 

 

4,005 

 

 

13 

 

 

(53)

 

 

3,965 

 

 

6,750 

 

 

87 

 

 

(437)

 

 

6,400 

Corporate and other securities

 

 

983 

 

 

 -

 

 

(23)

 

 

960 

 

 

981 

 

 

 -

 

 

(73)

 

 

908 

Total securities held to
maturity

 

$

20,009 

 

$

501 

 

$

(229)

 

$

20,281 

 

$

26,381 

 

$

353 

 

$

(1,185)

 

$

25,549 

 

Schedule Of Marketable Securities By Contractual Maturity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Within one year

 

After one through five years

 

After five through ten years

 

After ten years

 

Total carrying value

 

(In thousands, except percentages)

 

Amount

 

Yield

 

Amount

 

Yield

 

Amount

 

Yield

 

Amount

 

Yield

 

Amount

 

Yield

 

Available for sale at fair value:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Government sponsored entities  

 

$

 -

 

 -

%

$

1,014 

 

1.00 

%

$

956 

 

2.06 

%

$

2,648 

 

2.04 

%

$

4,618 

 

1.82 

%

State and political subdivisions    

 

 

40 

 

6.49 

 

 

1,165 

 

2.23 

 

 

6,189 

 

2.37 

 

 

3,738 

 

2.60 

 

 

11,132 

 

2.45 

 

Residential mortgage-backed securities    

 

 

 -

 

 -

 

 

1,718 

 

1.70 

 

 

2,335 

 

1.94 

 

 

30,330 

 

2.81 

 

 

34,383 

 

2.70 

 

Corporate and other securities

 

 

 -

 

 -

 

 

2,406 

 

1.00 

 

 

1,500 

 

1.19 

 

 

6,034 

 

1.43 

 

 

9,940 

 

1.29 

 

Total securities available
for sale

 

$

40 

 

6.49 

%

$

6,303 

 

1.42 

%

$

10,980 

 

2.09 

%

$

42,750 

 

2.55 

%

$

60,073 

 

2.35 

%

Held to maturity at cost:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Government sponsored entities  

 

$

 -

 

 -

%

$

 -

 

 -

%

$

 -

 

 -

%

$

4,440 

 

1.97 

%

$

4,440 

 

1.97 

%

State and political subdivisions    

 

 

309 

 

0.75 

 

 

 -

 

 -

 

 

 -

 

 -

 

 

2,108 

 

4.72 

 

 

2,417 

 

4.21 

 

Residential mortgage-backed securities    

 

 

 -

 

 -

 

 

468 

 

4.87 

 

 

272 

 

5.19 

 

 

7,424 

 

3.01 

 

 

8,164 

 

3.19 

 

Commercial mortgage-backed securities    

 

 

 -

 

 -

 

 

 -

 

 -

 

 

 -

 

 -

 

 

4,005 

 

2.76 

 

 

4,005 

 

2.76 

 

Corporate and other securities

 

 

 -

 

 -

 

 

 -

 

 -

 

 

983 

 

2.95 

 

 

 -

 

 -

 

 

983 

 

2.95 

 

Total securities held to
maturity

 

$

309 

 

0.75 

%

$

468 

 

4.87 

%

$

1,255 

 

3.44 

%

$

17,977 

 

2.90 

%

$

20,009 

 

2.94 

%

 

Schedule Of Marketable Securities In Unrealized Loss Position

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2014

 

 

 

 

 

Less than 12 months

 

12 months and greater

 

Total

(In thousands, except number in a loss position)

 

Total number in a loss position

 

Estimated fair value

 

Unrealized loss

 

Estimated fair value

 

Unrealized loss

 

Estimated fair value

 

Unrealized loss

Available for sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Government sponsored entities  

 

 

 

$

 -

 

$

 -

 

$

4,590 

 

$

(93)

 

$

4,590 

 

$

(93)

State and political subdivisions    

 

 

 

 

 -

 

 

 -

 

 

4,103 

 

 

(35)

 

 

4,103 

 

 

(35)

Residential mortgage-backed securities    

 

 

 

 

6,579 

 

 

(16)

 

 

5,889 

 

 

(131)

 

 

12,468 

 

 

(147)

Commercial mortgage-backed securities    

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 -

Corporate and other securities

 

 

 

 

1,053 

 

 

(46)

 

 

3,736 

 

 

(265)

 

 

4,789 

 

 

(311)

Total temporarily impaired securities

 

 

27 

 

$

7,632 

 

$

(62)

 

$

18,318 

 

$

(524)

 

$

25,950 

 

$

(586)

Held to maturity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Government sponsored entities  

 

 

 

$

 -

 

$

 -

 

$

4,316 

 

$

(124)

 

$

4,316 

 

$

(124)

Residential mortgage-backed securities    

 

 

 

 

 -

 

 

 -

 

 

2,586 

 

 

(29)

 

 

2,586 

 

 

(29)

Commercial mortgage-backed securities    

 

 

 

 

 -

 

 

 -

 

 

1,822 

 

 

(53)

 

 

1,822 

 

 

(53)

Corporate and other securities

 

 

 

 

 -

 

 

 -

 

 

960 

 

 

(23)

 

 

960 

 

 

(23)

Total temporarily impaired securities

 

 

 

$

 -

 

$

 -

 

$

9,684 

 

$

(229)

 

$

9,684 

 

$

(229)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2013

 

 

 

 

 

Less than 12 months

 

12 months and greater

 

Total

(In thousands, except number in a loss position)

 

Total number in a loss position

 

Estimated fair value

 

Unrealized loss

 

Estimated fair value

 

Unrealized loss

 

Estimated fair value

 

Unrealized loss

Available for sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Government sponsored entities  

 

 

 

$

5,591 

 

$

(332)

 

$

 -

 

$

 -

 

$

5,591 

 

$

(332)

State and political subdivisions    

 

 

19 

 

 

8,575 

 

 

(453)

 

 

934 

 

 

(101)

 

 

9,509 

 

 

(554)

Residential mortgage-backed securities    

 

 

13 

 

 

13,226 

 

 

(398)

 

 

1,474 

 

 

(77)

 

 

14,700 

 

 

(475)

Commercial mortgage-backed securities    

 

 

 

 

368 

 

 

(1)

 

 

 -

 

 

 -

 

 

368 

 

 

(1)

Corporate and other securities

 

 

 

 

3,994 

 

 

(105)

 

 

3,088 

 

 

(295)

 

 

7,082 

 

 

(400)

Total temporarily impaired securities

 

 

49 

 

$

31,754 

 

$

(1,289)

 

$

5,496 

 

$

(473)

 

$

37,250 

 

$

(1,762)

Held to maturity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Government sponsored entities  

 

 

 

$

5,354 

 

$

(460)

 

$

 -

 

$

 -

 

$

5,354 

 

$

(460)

State and political subdivisions    

 

 

 

 

986 

 

 

(17)

 

 

 -

 

 

 -

 

 

986 

 

 

(17)

Residential mortgage-backed securities    

 

 

 

 

6,333 

 

 

(193)

 

 

114 

 

 

(5)

 

 

6,447 

 

 

(198)

Commercial mortgage-backed securities    

 

 

 

 

3,668 

 

 

(437)

 

 

 -

 

 

 -

 

 

3,668 

 

 

(437)

Corporate and other securities

 

 

 

 

908 

 

 

(73)

 

 

 -

 

 

 -

 

 

908 

 

 

(73)

Total temporarily impaired securities

 

 

15 

 

$

17,249 

 

$

(1,180)

 

$

114 

 

$

(5)

 

$

17,363 

 

$

(1,185)

 

Schedule Of Realized Gains (Losses) For Marketable Securities

 

 

 

 

 

 

 

 

 

For the years ended December 31,

(In thousands)

 

2014

 

2013

Available for sale:

 

 

 

 

 

 

Realized gains

 

$

440 

 

$

394 

Realized losses

 

 

(7)

 

 

(4)

Total securities available for sale

 

 

433 

 

 

390 

Held to maturity:

 

 

 

 

 

 

Realized gains

 

 

 -

 

 

 -

Realized losses

 

 

 -

 

 

 -

Total securities held to maturity

 

 

 -

 

 

 -

Net gains on sales of securities

 

$

433 

 

$

390