Investment Securities (Tables)

6 Months Ended

Jun. 30, 2016

Investment Securities [Abstract]

Unrealized Gain (Loss) on Investments

The amortized cost, fair value, and unrealized gains and losses on investment securities at June 30, 2016 and December 31, 2015 are as follows:

(Dollars in thousands)	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
June 30, 2016
Available-for-sale securities:
U.S. Treasury and U.S. government agencies	$	43,604	$	1,271	$	-	$	44,875
Mortgage-backed U.S. government agencies		25,974		403		-		26,377
State and political subdivision obligations		88,973		3,876		11		92,838
Equity securities		3,168		140		56		3,252
	$	161,719	$	5,690	$	67	$	167,342

(Dollars in thousands)	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
December 31, 2015
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 June 30, 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
June 30, 2016	Securities	Value		Losses		Securities	Value		Losses		Securities	Value		Losses
Available for sale securities:
Mortgage-backed U.S. government agencies	1	$	131	$	-	0	$	-	$	-	1	$	131	$	-
State and political subdivision obligations	3		1,789		2	1		325		9	4		2,114		11
Equity securities	1		990		10	2		1,068		46	3		2,058		56
Total temporarily impaired available for sale securities	5	$	2,910	$	12	3	$	1,393	$	55	8	$	4,303	$	67

(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)	June 30, 2016
	Amortized		Fair
	Cost		Value
Due in 1 year or less	$	20,259	$	20,299
Due after 1 year but within 5 years		45,319		46,809
Due after 5 years but within 10 years		62,105		65,602
Due after 10 years		4,894		5,003
		132,577		137,713
Mortgage-backed securities		25,974		26,377
Equity securities		3,168		3,252
	$	161,719	$	167,342