Investment Securities (Tables)

3 Months Ended

Mar. 31, 2016

Investment Securities [Abstract]

Amortized costs and fair value of investment securities

	March 31, 2016
	Amortized		Gross Unrealized		Fair
(dollars in thousands)	Cost		Gains	Losses	Value
Available for sale
US government agencies	$	11,535	129	-	11,664
SBA securities		6,359	-	33	6,326
State and political subdivisions		19,794	561	5	20,350
Mortgage-backed securities		38,599	214	88	38,725
Total investment securities available for sale	$	76,287	904	126	77,065
	December 31, 2015
	Amortized		Gross Unrealized		Fair
	Cost		Gains	Losses	Value
Available for sale
US government agencies	$	14,711	1	113	14,599
SBA securities		6,410	-	133	6,277
State and political subdivisions		21,771	525	37	22,259
Mortgage-backed securities		47,053	191	440	46,804
Total investment securities available for sale	$	89,945	717	723	89,939

Summary of contractual maturities and yields

	March 31, 2016
	Less than one year			One to five years		Five to ten years		Over ten years			Total
(dollars in thousands)	Amount		Yield	Amount	Yield	Amount	Yield	Amount	Yield	Amount	Yield
Available for sale
US government agencies	$	-	-	1,015	1.75%	8,898	2.49%	1,751	3.07%	11,664	2.39%
SBA securities		-	-	-	-	-	-	6,326	1.74%	6,326	1.74%
State and political subdivisions		-	-	469	1.63%	13,286	2.44%	6,595	2.97%	20,350	2.59%
Mortgage-backed securities		-	-	-	-	5,801	1.57%	32,924	1.97%	38,725	1.91%
Total	$	-	-	1,484	1.71%	27,985	2.28%	47,596	2.11%	77,065	2.16%
	December 31, 2015
	Less than one year			One to five years		Five to ten years		Over ten years			Total
	Amount		Yield	Amount	Yield	Amount	Yield	Amount	Yield	Amount	Yield
Available for sale
US government agencies	$	-	-	4,149	1.74%	8,704	2.49%	1,746	3.03%	14,599	2.34%
SBA securities		-	-	-	-	-	-	6,277	1.79%	6,277	1.79%
State and political subdivisions		-	-	464	1.63%	14,032	2.64%	7,763	2.84%	22,259	2.69%
Mortgage-backed securities		-	-	-	-	8,048	1.56%	38,756	2.08%	46,804	1.99%
Total	$	-	-	4,613	1.73%	30,784	2.31%	54,542	2.18%	89,939	2.20%

Summary of gross unrealized losses on investment securities and fair market value of related securities

	March 31, 2016
	Less than 12 months					12 months or longer					Total
		Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
(dollars in thousands)	#	value		losses		#	value		losses		#	value		losses
Available for sale
US government agencies	-	$	-	$	-	-	$	-	$	-	-	$	-	$	-
SBA securities	1		1,531		5	2		4,795		28	3		6,326		33
State and political subdivisions	1		612		1	2		974		4	3		1,586		5
Mortgage-backed securities	2		4,764		75	2		2,393		13	4		7,157		88
Total	4	$	6,907	$	81	6	$	8,162	$	45	10	$	15,069	$	126
	December 31, 2015
	Less than 12 months					12 months or longer					Total
		Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
(dollars in thousands)	#	value		losses		#	value		losses		#	value		losses
Available for sale
US government agencies	9	$	12,853	$	113	-	$	-	$	-	9	$	12,853	$	113
SBA securities	-		-		-	2		4,691		133	2		4,691		133
State and political subdivisions	7		3,125		17	3		1,220		20	10		4,345		37
Mortgage-backed securities	27		40,868		440	-		-		-	27		40,868		440
Total	43	$	56,846	$	570	5	$	5,911	$	153	48	$	62,757	$	723

Summary of other investments

(dollars in thousands)	March 31, 2016		December 31, 2015
Federal Home Loan Bank stock	$	5,173	5,005
Investment in Trust Preferred securities		403	403
Other investments		164	124
Total other investments	$	5,740	5,532