Investment Securities Maturity of Held-to-Maturity Securities (Tables)

9 Months Ended

Sep. 30, 2015

Schedule of Held-to-maturity Securities [Line Items]

Held-to-maturity Securities [Table Text Block]

Below is an analysis of the amortized cost and fair values of debt securities held to maturity at September 30, 2015. There were no held to maturity securities at December 31, 2014.

	September 30, 2015
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
	(dollars in thousands)
Obligations of U.S. Government Agencies:
Mortgage-Backed Securities – Residential	$	4,806	$	24	$	—		$	4,830
Obligations of U.S. Government-Sponsored Enterprises:
Mortgage-Backed Securities – Residential	$	116,065	$	520	$	(6	)	$	116,579
Mortgage-Backed Securities – Commercial	15,299		176		—			15,475
Obligations of States and Political Subdivisions	17,865		131		(43		)	17,953
Total Securities Held to Maturity	$	154,035	$	851	$	(49	)	$	154,837

Schedule of Held-to-Maturity Securities by Maturity [Table Text Block]

The amortized cost and estimated fair value of debt securities held to maturity at September 30, 2015, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or repay obligations with or without call or prepayment penalties.

	Amortized Cost		Estimated Fair Value
	(dollars in thousands)
Due within 1 year	$	—	$	—
Due after 1 but within 5 years	—		—
Due after 5 but within 10 years	12,210		12,303
Due after 10 years	5,655		5,650
	17,865		17,953
Mortgage-Backed Securities (a)	136,170		136,884
Total Debt Securities	$	154,035	$	154,837

(a) Mortgage Backed Securities include an amortized cost of $4.8 million and a fair value of $4.8 million for Obligations of U.S. Government agencies issued by Ginnie Mae and an amortized cost of $131.4 million and a fair value of $132.1 million for Obligations of U.S. Government-sponsored enterprises issued by Fannie Mae and Freddie Mac.