Investment Securities (Tables)

3 Months Ended

Mar. 31, 2016

Investment Securities [Abstract]

Unrealized Gain (Loss) on Investments

The amortized cost, fair value, and unrealized gains and losses on investment securities at March 31, 2016 and December 31, 2015 are as follows:

(Dollars in thousands)
	Amortized		Unrealized		Unrealized		Fair
March 31, 2016	Cost		Gains		Losses		Value
Available for sale securities:
U.S. Treasury and U.S. government agencies	$	26,309	$	1,076	$	38	$	27,347
Mortgage-backed U.S. government agencies		49,762		134		185		49,711
State and political subdivision obligations		79,647		2,162		156		81,653
Equity securities		3,266		24		91		3,199
	$	158,984	$	3,396	$	470	$	161,910

(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

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 March 31, 2016 and December 31, 2015.

(Dollars in thousands)	Less Than 12 Months					12 Months or More					Total
	Number					Number					Number
	of	Fair		Unrealized		of	Fair		Unrealized		of	Fair		Unrealized
March 31, 2016	Securities	Value		Losses		Securities	Value		Losses		Securities	Value		Losses
Available for sale securities:
U.S. Treasury and U.S. government agencies	4	$	3,817	$	28	2	$	1,320	$	10	6	$	5,137	$	38
Mortgage-backed U.S. government agencies	16		22,011		125	10		6,248		60	26		28,259		185
State and political subdivision obligations	19		10,899		110	4		1,792		46	23		12,691		156
Equity securities	1		985		15	2		1,142		76	3		2,127		91
Total temporarily impaired available for sale securities	40	$	37,712	$	278	18	$	10,502	$	192	58	$	48,214	$	470

(Dollars in thousands)	Less Than 12 Months					12 Months or More					Total
	Number					Number					Number
	of	Fair		Unrealized		of	Fair		Unrealized		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

Investments Classified by Contractual Maturity Date

(Dollars in thousands)	March 31, 2016
	Amortized		Fair
	Cost		Value
Due in 1 year or less	$	4,153	$	4,208
Due after 1 year but within 5 years		39,196		40,527
Due after 5 years but within 10 years		54,222		55,940
Due after 10 years		8,385		8,325
		105,956		109,000
Mortgage-backed securities		49,762		49,711
Equity securities		3,266		3,199
	$	158,984	$	161,910