Securities (Tables)
|
12 Months Ended |
Dec. 31, 2013
|
Investments, Debt and Equity Securities [Abstract] |
|
Unrealized Gain (Loss) on Investments [Table Text Block] |
Amortized cost and fair value at December 31, 2013 and 2012, were as follows: | | | | | | | | | | | | | | | | | In thousands | Amortized Cost | | Gross Unrealized Gains | | Gross Unrealized Losses | | Fair Value | SECURITIES AVAILABLE FOR SALE | | | | | | | | December 31, 2013 | | | | | | | | U.S. Government and agencies | $ | 21,094 |
| | $ | 557 |
| | $ | — |
| | $ | 21,651 |
| Mortgage-backed securities, residential | 51,541 |
| | 2,322 |
| | 123 |
| | 53,740 |
| State and municipal | 40,780 |
| | 1,117 |
| | 375 |
| | 41,522 |
| Corporate bonds | 11,004 |
| | 192 |
| | 31 |
| | 11,165 |
| CRA mutual fund | 1,044 |
| | — |
| | 11 |
| | 1,033 |
| Stock in other banks | 627 |
| | 245 |
| | — |
| | 872 |
| | $ | 126,090 |
| | $ | 4,433 |
| | $ | 540 |
| | $ | 129,983 |
| December 31, 2012 | | | | | | | | U.S. Government and agencies | $ | 23,225 |
| | $ | 1,016 |
| | $ | — |
| | $ | 24,241 |
| Mortgage-backed securities, residential | 75,816 |
| | 4,767 |
| | — |
| | 80,583 |
| State and municipal | 49,568 |
| | 2,246 |
| | 10 |
| | 51,804 |
| Corporate bonds | 7,008 |
| | 286 |
| | 8 |
| | 7,286 |
| CRA mutual fund | 1,044 |
| | 52 |
| | — |
| | 1,096 |
| Stock in other banks | 627 |
| | 153 |
| | — |
| | 780 |
| | $ | 157,288 |
| | $ | 8,520 |
| | $ | 18 |
| | $ | 165,790 |
| SECURITIES HELD TO MATURITY | | | | | | | | December 31, 2013 | | | | | | | | U.S. Government and agencies | $ | 37,528 |
| | $ | 142 |
| | $ | 923 |
| | $ | 36,747 |
| Mortgage-backed securities, residential | 56,845 |
| | 40 |
| | 1,550 |
| | 55,335 |
| | $ | 94,373 |
| | $ | 182 |
| | $ | 2,473 |
| | $ | 92,082 |
| December 31, 2012 | | | | | | | | U.S. Government and agencies | $ | 30,115 |
| | $ | 536 |
| | $ | 6 |
| | $ | 30,645 |
| Mortgage-backed securities, residential | $ | 20,044 |
| | $ | 298 |
| | $ | 7 |
| | $ | 20,335 |
| | $ | 50,159 |
| | $ | 834 |
| | $ | 13 |
| | $ | 50,980 |
|
|
Schedule of Unrealized Loss on Investments [Table Text Block] |
The following table shows the Corporation’s investments’ gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at December 31, 2013 and 2012: | | | | | | | | | | | | | | | | | | | | | | | | | | Less than 12 Months | | 12 Months or More | | Total | In thousands | Fair Value | | Unrealized Losses | | Fair Value | | Unrealized Losses | | Fair Value | | Unrealized Losses | SECURITIES AVAILABLE FOR SALE | | | | | | | | | | | | December 31, 2013 | | | | | | | | | | | | Mortgage-backed securities, residential | $ | 6,944 |
| | $ | 123 |
| | $ | — |
| | $ | — |
| | $ | 6,944 |
| | $ | 123 |
| State and municipal | 11,107 |
| | 340 |
| | 1,070 |
| | 35 |
| | 12,177 |
| | 375 |
| Corporate bonds | 4,969 |
| | 31 |
| | — |
| | — |
| | 4,969 |
| | 31 |
| CRA Mutual Fund | 1,033 |
| | 11 |
| | — |
| | — |
| | 1,033 |
| | 11 |
| | $ | 24,053 |
| | $ | 505 |
| | $ | 1,070 |
| | $ | 35 |
| | $ | 25,123 |
| | $ | 540 |
| December 31, 2012 | | | | | | | | | | | | State and municipal | $ | 1,975 |
| | $ | 10 |
| | $ | — |
| | $ | — |
| | $ | 1,975 |
| | $ | 10 |
| Corporate bond | 992 |
| | 8 |
| | — |
| | — |
| | 992 |
| | 8 |
| | $ | 2,967 |
| | $ | 18 |
| | $ | — |
| | $ | — |
| | $ | 2,967 |
| | $ | 18 |
| SECURITIES HELD TO MATURITY | | | | | | | | | | | | December 31, 2013 | | | | | | | | | | | | U.S. Government and agencies | $ | 22,710 |
| | $ | 812 |
| | $ | 2,889 |
| | $ | 111 |
| | $ | 25,599 |
| | $ | 923 |
| Mortgage-backed securities, residential | 45,891 |
| | 1,446 |
| | 1,755 |
| | 104 |
| | 47,646 |
| | 1,550 |
| | $ | 68,601 |
| | $ | 2,258 |
| | $ | 4,644 |
| | $ | 215 |
| | $ | 73,245 |
| | $ | 2,473 |
| | | | | | | | | | | | | December 31, 2012 | | | | | | | | | | | | U.S. Government and agencies | $ | 2,994 |
| | $ | 6 |
| | $ | — |
| | $ | — |
| | $ | 2,994 |
| | $ | 6 |
| Mortgage-backed security, residential | $ | 2,046 |
| | $ | 7 |
| | $ | — |
| | $ | — |
| | $ | 2,046 |
| | $ | 7 |
| | $ | 5,040 |
| | $ | 13 |
| | $ | — |
| | $ | — |
| | $ | 5,040 |
| | $ | 13 |
|
|
Investments Classified by Contractual Maturity Date [Table Text Block] |
Amortized cost and fair value at December 31, 2013, by contractual maturity, where applicable, are shown below. Expected maturities will differ from contractual maturities because issuers may have the right to call or prepay with or without penalties. | | | | | | | | | | | | | | | | | | Available for Sale | | Held to Maturity | In thousands | Amortized Cost | | Fair Value | | Amortized Cost | | Fair Value | 1 year or less | $ | 5,824 |
| | $ | 5,908 |
| | $ | 10,006 |
| | $ | 10,147 |
| Over 1 year through 5 years | 33,668 |
| | 34,918 |
| | 19,064 |
| | 18,610 |
| Over 5 years through 10 years | 30,408 |
| | 30,474 |
| | 8,458 |
| | 7,990 |
| Over 10 years | 2,978 |
| | 3,038 |
| | — |
| | — |
| Mortgage-backed securities, residential | 51,541 |
| | 53,740 |
| | 56,845 |
| | 55,335 |
| CRA mutual fund | 1,044 |
| | 1,033 |
| | — |
| | — |
| Stock in other banks | 627 |
| | 872 |
| | — |
| | — |
| | $ | 126,090 |
| | $ | 129,983 |
| | $ | 94,373 |
| | $ | 92,082 |
|
|