Investment Securities (Tables)

9 Months Ended

Sep. 30, 2016

Securities Financing Transactions Disclosures [Abstract]

Unrealized Gain (Loss) on Investments

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

(Dollars in thousands)	Amortized		Unrealized		Unrealized			Fair
	Cost		Gains		Losses			Value
September 30, 2016
Available-for-sale securities:
U.S. Treasury and U.S. government agencies	$	50,046	$	1,099	$	(14	)	$	51,131
Mortgage-backed U.S. government agencies		25,426		369		(8	)		25,787
State and political subdivision obligations		90,407		2,970		(83	)		93,294
Equity securities		3,268		73		(109	)		3,232
	$	169,147	$	4,511	$	(214	)	$	173,444

(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 tables present 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 September 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
September 30, 2016	Securities	Value		Losses			Securities	Value		Losses			Securities	Value		Losses
Available for sale securities:
U.S. Treasury and U.S. government agencies	3	$	7,486	$	(14	)	0	$	-	$	-		3	$	7,486	$	(14	)
Mortgage-backed U.S. government agencies	3		2,029		(8	)	0		-		-		3		2,029		(8	)
State and political subdivision obligations	24		10,969		(83	)	0		-		-		24		10,969		(83	)
Equity securities	0		-		-		2		1,059		(109	)	2		1,059		(109	)
Total temporarily impaired available for sale securities	30	$	20,484	$	(105	)	2	$	1,059	$	(109	)	32	$	21,543	$	(214	)

(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)	September 30, 2016
	Amortized		Fair
	Cost		Value
Due in 1 year or less	$	16,978	$	17,001
Due after 1 year but within 5 years		46,261		47,617
Due after 5 years but within 10 years		71,216		73,815
Due after 10 years		5,998		5,992
		140,453		144,425
Mortgage-backed securities		25,426		25,787
Equity securities		3,268		3,232
	$	169,147	$	173,444