Note 2 - Investment Securities (Tables)

9 Months Ended

Sep. 30, 2017

Notes Tables

Marketable Securities [Table Text Block]

(In thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
September 30, 2017
Securities available for sale:
Agency mortgage-backed securities	$	119,472	$	30	$	1,353	$	118,149
Agency CMO		15,390		4		200		15,194
Other debt securities:
Agency notes and bonds		70,934		1		498		70,437
Municipal obligations		71,748		1,529		331		72,946
Subtotal - debt securities		277,544		1,564		2,382		276,726
Mutual funds		211		0		0		211
Total securities available for sale	$	277,755	$	1,564	$	2,382	$	276,937
Securities held to maturity:
Agency mortgage-backed securities	$	1	$	0	$	0	$	1
Total securities held to maturity	$	1	$	0	$	0	$	1
December 31, 2016
Securities available for sale:
Agency mortgage-backed securities	$	110,493	$	93	$	2,349	$	108,237
Agency CMO		16,293		23		288		16,028
Other debt securities:
Agency notes and bonds		69,407		14		759		68,662
Municipal obligations		63,189		783		1,129		62,843
Subtotal - debt securities		259,382		913		4,525		255,770
Mutual funds		74		0		0		74
Total securities available for sale	$	259,456	$	913	$	4,525	$	255,844
Securities held to maturity:
Agency mortgage-backed securities	$	2	$	0	$	0	$	2
Total securities held to maturity	$	2	$	0	$	0	$	2

Investments Classified by Contractual Maturity Date [Table Text Block]

	Securities Available for Sale				Securities Held to Maturity
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
(In thousands)
Due in one year or less	$	4,145	$	4,148	$	0	$	0
Due after one year through five years		77,109		76,737		0		0
Due after five years through ten years		27,808		27,991
Due after ten years		33,620		34,507		0		0
		142,682		143,383		0		0
Mortgage-backed securities and CMO		134,862		133,343		1		1
	$	277,544	$	276,726	$	1	$	1

Schedule of Unrealized Loss on Investments [Table Text Block]

	Number of Investment Positions		Fair Value		Gross Unrealized Losses
(Dollars in thousands)
Continuous loss position less than twelve months:
Agency mortgage-backed securities		58	$	69,281	$	603
Agency CMO		8		6,137		54
Agency notes and bonds		10		22,547		90
Muncipal obligations		16		8,991		88
Total less than twelve months		92		106,956		835
Continuous loss position more than twelve months:
Agency mortgage-backed securities		23		37,452		750
Agency CMO		11		7,870		146
Agency notes and bonds		12		46,092		408
Muncipal obligations		21		10,726		243
Total more than twelve months		67		102,140		1,547
Total securities available for sale		159	$	209,096	$	2,382

	Number of Investment Positions		Fair Value		Gross Unrealized Losses
(Dollars in thousands)
Continuous loss position less than twelve months:
Agency mortgage-backed securities		78	$	101,838	$	2,336
Agency CMO		13		11,767		239
Agency notes and bonds		20		59,126		759
Muncipal obligations		54		28,414		1,129
Total less than twelve months		165		201,145		4,463
Continuous loss position more than twelve months:
Agency mortgage-backed securities		1		531		13
Agency CMO		5		2,502		49
Total more than twelve months		6		3,033		62
Total securities available for sale		171	$	204,178	$	4,525