Securities (Tables)

12 Months Ended

Dec. 31, 2015

Investments, Debt and Equity Securities [Abstract]

Available for Sale Securities

The amortized cost and fair value of available for sale securities and the related gross unrealized gains and losses recognized in accumulated other comprehensive loss were as follows:

			Gross		Gross
	Amortized		Unrealized		Unrealized			Fair
	Cost		Gains		Losses			Value
2015
U.S. Treasury securities and obligations of U.S. government agencies	$	40,992	$	74	$	(129	)	$	40,937
Obligations of states and political subdivisions		87,255		4,959		(62	)		92,152
Mortgage-back securities in government sponsored entities		62,135		681		(243	)		62,573
Total debt securities		190,382		5,714		(434	)		195,662
Equity securities in financial institutions		481		106		—			587
Total	$	190,863	$	5,820	$	(434	)	$	196,249
			Gross		Gross
	Amortized		Unrealized		Unrealized			Fair
	Cost		Gains		Losses			Value
2014
U.S. Treasury securities and obligations of U.S.government agencies	$	42,910	$	115	$	(123	)	$	42,902
Obligations of states and political subdivisions		83,215		5,112		(306	)		88,021
Mortgage-back securities in government sponsored entities		65,646		976		(180	)		66,442
Total debt securities		191,771		6,203		(609	)		197,365
Equity securities in financial institutions		481		59		—			540
Total	$	192,252	$	6,262	$	(609	)	$	197,905

Fair Value of Securities by Contractual Maturity

The amortized cost and fair value of securities at year end 2015 by contractual maturity were as follows. Securities not due at a single maturity date, primarily mortgage-backed securities, are shown separately.

	Available for sale
	Amortized Cost		Fair Value
Due in one year or less	$	5,075	$	5,078
Due from one to five years		31,433		31,442
Due from five to ten years		31,754		33,606
Due after ten years		59,985		62,963
Mortgage-backed securities in government sponsored entities		62,135		62,573
Equity securities in financial institutions		481		587
Total	$	190,863	$	196,249

Proceeds from Sales of Securities, Gross Realized Gains and Losses

Proceeds from sales of securities, gross realized gains and gross realized losses were as follows:

	2015			2014			2013
Sale proceeds	$	—		$	18,088		$	8,686
Gross realized gains		—			113			144
Gross realized losses		—			(1	)		(89	)
Gains (losses) from securities called or settled by the issuer		(18	)		1			149

Debt Securities with Unrealized Losses Not Recognized in Income

Debt securities with unrealized losses at year end 2015 and 2014 not recognized in income are as follows:

	12 Months or less					More than 12 months					Total
2015	Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
Description of Securities	Value		Loss			Value		Loss			Value		Loss
U.S. Treasury securities and obligations of U.S. government agencies	$	25,464	$	(112	)	$	1,132	$	(17	)	$	26,596	$	(129	)
Obligations of states and political subdivisions		2,932		(20	)		1,469		(42	)		4,401		(62	)
Mortgage-backed securities in gov’t sponsored entities		27,263		(172	)		5,041		(71	)		32,304		(243	)
Total temporarily impaired	$	55,659	$	(304	)	$	7,642	$	(130	)	$	63,301	$	(434	)
	12 Months or less					More than 12 months					Total
2014	Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
Description of Securities	Value		Loss			Value		Loss			Value		Loss
U.S. Treasury securities and obligations of U.S. government agencies	$	7,664	$	(17	)	$	11,888	$	(106	)	$	19,552	$	(123	)
Obligations of states and political subdivisions		853		(11	)		5,647		(295	)		6,500		(306	)
Mortgage-backed securities in gov’t sponsored entities		12,289		(29	)		11,492		(151	)		23,781		(180	)
Total temporarily impaired	$	20,806	$	(57	)	$	29,027	$	(552	)	$	49,833	$	(609	)