Securities (Tables)

3 Months Ended

Mar. 31, 2015

Investments Debt And Equity Securities [Abstract]

Summary of the Amortized Cost and Fair Value of Available-for-Sale Investment Securities Corresponding Amounts of Unrealized Gains and Losses

The following table summarizes the amortized cost and fair value of the available-for-sale investment securities portfolio at March 31, 2015 and December 31, 2014 and the corresponding amounts of unrealized gains and losses recognized in accumulated other comprehensive income:

			Gross		Gross
(In Thousands of Dollars)	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses			Fair Value
March 31, 2015
U.S. Treasury and U.S. government sponsored entities	$	18,812	$	401	$	(7	)	$	19,206
State and political subdivisions		94,081		1,890		(393	)		95,578
Corporate bonds		935		9		(3	)		941
Mortgage-backed securities - residential		215,561		3,431		(688	)		218,304
Collateralized mortgage obligations		14,872	0			(507	)		14,365
Small Business Administration		21,745		1		(463	)		21,283
Equity securities		121		123		(2	)		242
Totals	$	366,127	$	5,855	$	(2,063	)	$	369,919

			Gross		Gross
(In Thousands of Dollars)	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses			Fair Value
December 31, 2014
U.S. Treasury and U.S. government sponsored entities	$	24,515	$	418	$	(112	)	$	24,821
State and political subdivisions		90,369		2,183		(671	)		91,881
Corporate bonds		936		3		(8	)		931
Mortgage-backed securities - residential		223,216		2,395		(1,249	)		224,362
Collateralized mortgage obligations		25,988		98		(911	)		25,175
Small Business Administration		23,193		1		(775	)		22,419
Equity securities		120		121		(1	)		240
Totals	$	388,337	$	5,219	$	(3,727	)	$	389,829

Amortized Cost and Fair Value of the Debt Securities Maturity

The amortized cost and fair value of the debt securities portfolio are shown by expected maturity. Expected maturities may differ from contractual maturities if issuers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately.

	March 31, 2015
(In Thousands of Dollars)	Amortized Cost		Fair Value
Maturity
Within one year	$	11,824	$	11,931
One to five years		53,858		54,858
Five to ten years		32,934		33,692
Beyond ten years		15,212		15,244
Mortgage-backed, collateralized mortgage obligations and Small Business Administration securities		252,178		253,952
Total	$	366,006	$	369,677

Investment Securities with Unrealized Losses

The following table summarizes the investment securities with unrealized losses at March 31, 2015 and December 31, 2014, aggregated by major security type and length of time in a continuous unrealized loss position.

	Less than 12 Months					12 Months or Longer					Total
(In Thousands of Dollars)	Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
	Value		Loss			Value		Loss			Value		Loss
March 31, 2015
Available-for-sale
U.S. Treasury and U.S. government sponsored entities	$	0	$	0		$	5,202	$	(7	)	$	5,202	$	(7	)
State and political subdivisions		4,619		(29	)		16,437		(364	)		21,056		(393	)
Corporate bonds		0		0			480		(3	)		480		(3	)
Mortgage-backed securities - residential		14,859		(105	)		47,348		(583	)		62,207		(688	)
Collateralized mortgage obligations		0		0			14,365		(507	)		14,365		(507	)
Small Business Administration		0		0			21,188		(463	)		21,188		(463	)
Equity securities		23		(2	)		0		0			23		(2	)
Total	$	19,501	$	(136	)	$	105,020	$	(1,927	)	$	124,521	$	(2,063	)

	Less than 12 Months					12 Months or Longer					Total
(In Thousands of Dollars)	Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
	Value		Loss			Value		Loss			Value		Loss
December 31, 2014
Available-for-sale
U.S. Treasury and U.S. government sponsored entities	$	498	$	(2	)	$	10,159	$	(110	)	$	10,657	$	(112	)
State and political subdivisions		987		(11	)		24,063		(660	)		25,050		(671	)
Corporate bonds		0		0			476		(8	)		476		(8	)
Mortgage-backed securities - residential		25,770		(202	)		55,576		(1,047	)		81,346		(1,249	)
Collateralized mortgage obligations		0		0			19,541		(911	)		19,541		(911	)
Small Business Administration		0		0			22,319		(775	)		22,319		(775	)
Equity securities		26		(1	)		0		0			26		(1	)
Total	$	27,281	$	(216	)	$	132,134	$	(3,511	)	$	159,415	$	(3,727	)