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INVESTMENT SECURITIES AVAILABLE FOR SALE (Tables)
3 Months Ended
Mar. 31, 2016
INVESTMENT SECURITIES AVAILABLE FOR SALE [Abstract]  
Schedule of Amortized Cost and Approximate Fair Value of Securities Available for Sale

 

March 31, 2016
Gross     Gross        
Amortized Unrealized     Unrealized     Fair  
(In thousands) Cost Gains     Losses     Value  
U.S. government-sponsored entities   $ 7,986     $ 17     $
  $ 8,003  
Mortgage-backed securities – residential     164,981       2,087       (81 )     166,987  
SBA pool securities     7,504             (95 )     7,409  
State and political subdivisions     25,904       424       (15 )     26,313  
Single-issuer trust preferred security     2,999             (641 )     2,358  
CRA investment     3,000             (20 )     2,980  
   Total   $ 212,374     $ 2,528     $ (852 )   $ 214,050  

 

December 31, 2015
Gross     Gross        
Amortized Unrealized     Unrealized     Fair  
(In thousands) Cost Gains     Losses     Value  
Mortgage-backed securities – residential   159,747     1,293     $ (433 )   $ 160,607  
SBA pool securities     7,601             (81 )     7,520  
State and political subdivisions     21,612       417      
    22,029  
Single-issuer trust preferred security     2,999             (464 )     2,535  
CRA investment     3,000             (61 )     2,939  
   Total   $ 194,959     $ 1,710     $ (1,039 )   $ 195,630  
Schedule of Continuous Unrealized Losses and the Approximate Fair Value of these Investments
March 31, 2016
Duration of Unrealized Loss
Less Than 12 Months 12 Months or Longer Total  
Approximate Approximate           Approximate        
    Fair     Unrealized     Fair     Unrealized     Fair     Unrealized  
(In thousands)   Value     Losses     Value     Losses     Value     Losses  
Mortgage-backed  
                                           
  securities-residential   $ 10,956     $ (38 )   $ 7,211     $ (43 )   $ 18,167     $ (81 )
SBA pool securities                 7,409       (95 )     7,409       (95 )
State and political                                                 
   subdivisions      2,890       (15 )                 2,890       (15 )
Single-issuer trust                                                
  preferred security                 2,358       (641 )     2,358       (641 )
CRA investment fund                 2,980       (20 )     2,980       (20 )
    Total   $ 13,846     $ (53 )   $ 19,958     $ (799 )   $ 33,804     $ (852 )

 

December 31, 2015
Duration of Unrealized Loss
Less Than 12 Months 12 Months or Longer Total  
Approximate Approximate           Approximate        
    Fair     Unrealized     Fair     Unrealized     Fair     Unrealized  
(In thousands)   Value     Losses     Value     Losses     Value     Losses  
Mortgage-backed  
                                           
  securities-residential   $ 89,717     $ (345 )   $ 8,913     $ (88 )   $ 98,630     $ (433 )
SBA pool securities                 7,520       (81 )     7,520       (81 )
Single-issuer trust                                                
  Preferred security                 2,535       (464 )     2,535       (464 )
CRA investment fund                 2,939       (61 )     2,939       (61 )
    Total   $ 89,717     $ (345 )   $ 21,907     $ (694 )   $ 111,624     $ (1,039 )