Investment Securities (Tables)

12 Months Ended

Dec. 31, 2015

Investment Securities [Abstract]

Unrealized Gain (Loss) on Investments

At December 31, 2015 and 2014, amortized cost, fair value, and unrealized gains and losses on investment securities are as follows:

(Dollars in thousands)
	Amortized		Unrealized		Unrealized		Fair
December 31, 2015	Cost		Gains		Losses		Value
Available for sale securities:
U.S. Treasury and U.S. government agencies	$	26,316	$	729	$	55	$	26,990
Mortgage-backed U.S. government agencies		38,983		49		228		38,804
State and political subdivision obligations		64,780		1,914		77		66,617
Equity securities		3,271		82		43		3,310
	$	133,350	$	2,774	$	403	$	135,721

(Dollars in thousands)
	Amortized		Unrealized		Unrealized		Fair
December 31, 2014	Cost		Gains		Losses		Value
Available for sale securities:
U.S. Treasury and U.S. government agencies	$	26,343	$	752	$	29	$	27,066
Mortgage-backed U.S. government agencies		33,763		190		177		33,776
State and political subdivision obligations		77,482		2,007		318		79,171
Equity securities		1,584		60		23		1,621
	$	139,172	$	3,009	$	547	$	141,634

Schedule of Fair Value and Unrealized Loss on Investments in a Continuous Unrealized Loss Position

The following table presents gross unrealized losses and fair value of investments aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at December 31, 2015 and 2014.

(Dollars in thousands)	Less Than 12 Months					12 Months or More					Total
	Number of	Fair		Unrealized		Number of	Fair		Unrealized		Number of	Fair		Unrealized
December 31, 2015	Securities	Value		Losses		Securities	Value		Losses		Securities	Value		Losses
Available for sale securities:
U.S. Treasury and U.S. government agencies	6	$	6,259	$	43	2	$	1,383	$	12	8	$	7,642	$	55
Mortgage-backed U.S. government agencies	13		12,759		124	11		6,282		104	24		19,041		228
State and political subdivision obligations	9		4,041		32	3		1,631		45	12		5,672		77
Equity securities	1		990		10	2		615		33	3		1,605		43
Total temporarily impaired
available for sale securities	29	$	24,049	$	209	18	$	9,911	$	194	47	$	33,960	$	403

(Dollars in thousands)	Less Than 12 Months					12 Months or More					Total
	Number of	Fair		Unrealized		Number of	Fair		Unrealized		Number of	Fair		Unrealized
December 31, 2014	Securities	Value		Losses		Securities	Value		Losses		Securities	Value		Losses
Available for sale securities:
U.S. Treasury and U.S. government agencies	5	$	6,059	$	29	-	$	-	$	-	5	$	6,059	$	29
Mortgage-backed U.S. government agencies	15		9,511		62	5		4,416		115	20		13,927		177
State and political subdivision obligations	9		4,444		33	28		13,947		285	37		18,391		318
Equity securities	0		-		-	2		583		23	2		583		23
Total temporarily impaired
available for sale securities	29	$	20,014	$	124	35	$	18,946	$	423	64	$	38,960	$	547

Investments Classified by Contractual Maturity Date

The table below is the maturity distribution of investment securities at amortized cost and fair value at December 31, 2015.

(Dollars in thousands)	December 31, 2015
	Amortized		Fair
	Cost		Value
Due in 1 year or less	$	5,266	$	5,351
Due after 1 year but within 5 years		31,508		32,519
Due after 5 years but within 10 years		51,069		52,500
Due after 10 years		3,253		3,237
		91,096		93,607
Mortgage-backed securities		38,983		38,804
Equity securities		3,271		3,310
	$	133,350	$	135,721