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Securities (Tables)
12 Months Ended
Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]  
Schedule Of Available For Sale Securities and Held To Maturity Reconciliation [Table Text Block]
The amortized cost and fair value of securities available-for-sale at December 31, 2015 and 2014 are summarized as follow (in thousands):
 
 
 
December 31, 2015
 
 
 
 
 
Gross
 
Gross
 
 
 
 
 
Amortized
 
Unrealized
 
Unrealized
 
Fair
 
 
 
Cost
 
Gains
 
Losses
 
Value
 
 
 
 
 
 
 
 
 
 
 
U.S. Government-sponsored enterprises (GSEs)
 
$
22,745
 
$
48
 
$
(50)
 
$
22,743
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Municipal securities
 
 
7,614
 
 
52
 
 
(17)
 
 
7,649
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage-backed securities
 
 
136,625
 
 
375
 
 
(979)
 
 
136,021
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
166,984
 
$
475
 
$
(1,046)
 
$
166,413
 
 
 
 
December 31, 2014
 
 
 
 
 
Gross
 
Gross
 
 
 
 
 
Amortized
 
Unrealized
 
Unrealized
 
Fair
 
 
 
Cost
 
Gains
 
Losses
 
Value
 
 
 
 
 
 
 
 
 
 
 
U.S. Government-sponsored enterprises (GSEs)
 
$
21,267
 
$
45
 
$
(205)
 
$
21,107
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Municipal securities
 
 
2,012
 
 
19
 
 
-
 
 
2,031
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage-backed securities
 
 
76,089
 
 
394
 
 
(745)
 
 
75,738
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
99,368
 
$
458
 
$
(950)
 
$
98,876
 
Investments Classified by Contractual Maturity Date [Table Text Block]
Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.
 
 
 
Amortized
 
Fair
 
 
 
Cost
 
Value
 
Due in one year or less
 
$
1,961
 
$
1,967
 
Due from one year to five years
 
 
14,911
 
 
14,960
 
Due from five years to ten years
 
 
8,370
 
 
8,319
 
Due after ten years
 
 
5,117
 
 
5,146
 
 
 
 
30,359
 
 
30,392
 
Mortgage-backed securities
 
 
136,625
 
 
136,021
 
 
 
 
 
 
 
 
 
 
 
$
166,984
 
$
166,413
 
   
Schedule of Unrealized Loss on Investments [Table Text Block]
The following tables present the gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities available-for-sale have been in a continuous unrealized loss position, as of December 31, 2015 and 2014 (in thousands):
 
 
 
As of December 31, 2015
 
 
 
Less than 12 Months
 
12 Months or Greater
 
Total
 
 
 
 
 
Gross
 
 
 
Gross
 
 
 
 
Gross
 
 
 
Fair
 
Unrealized
 
Fair
 
Unrealized
 
Fair
 
Unrealized
 
 
 
Value
 
Losses
 
Value
 
Losses
 
Value
 
Losses
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Government- sponsored enterprises (GSEs)
 
$
8,464
 
$
(50)
 
$
-
 
$
-
 
$
8,464
 
$
(50)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Municipal securities
 
 
2,456
 
 
(17)
 
 
-
 
 
-
 
 
2,456
 
 
(17)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage-backed securities
 
 
72,641
 
 
(470)
 
 
16,325
 
 
(509)
 
 
88,966
 
 
(979)
 
 
 
$
83,561
 
$
(537)
 
$
16,325
 
$
(509)
 
$
99,886
 
$
(1,046)
 
 
 
 
As of December 31, 2014
 
 
 
Less than 12 Months
 
12 Months or Greater
 
Total
 
 
 
 
 
Gross
 
 
 
Gross
 
 
 
Gross
 
 
 
Fair
 
Unrealized
 
Fair
 
Unrealized
 
Fair
 
Unrealized
 
 
 
Value
 
Losses
 
Value
 
Losses
 
Value
 
Losses
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Government- sponsored enterprises (GSEs)
 
$
3,305
 
$
(10)
 
$
9,795
 
$
(195)
 
$
13,100
 
$
(205)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Municipal securities
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage-backed securities
 
 
-
 
 
-
 
 
36,726
 
 
(745)
 
 
36,726
 
 
(745)
 
 
 
$
3,305
 
$
(10)
 
$
46,521
 
$
(940)
 
$
49,826
 
$
(950)
 
Available-for-sale Securities [Table Text Block]
Sales of available for sale securities for the years ended December 31, 2015 and 2014, were as follows (in thousands):
 
 
 
2015
 
2014
 
Proceeds
 
$
7,304
 
$
9,004
 
Gains realized
 
 
52
 
 
212
 
Losses realized
 
 
-
 
 
96