Securities (Tables)

9 Months Ended

Sep. 30, 2017

Investments Debt And Equity Securities [Abstract]

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

September 30, 2017	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
U.S. Treasury securities and obligations of U.S. government agencies	$	30,972	$	178	$	(87	)	$	31,063
Obligations of states and political subdivisions		109,443		4,397		(225	)		113,615
Mortgage-backed securities in government sponsored entities		83,486		793		(356	)		83,923
Total debt securities		223,901		5,368		(668	)		228,601
Equity securities in financial institutions		481		337		—			818
Total	$	224,382	$	5,705	$	(668	)	$	229,419

December 31, 2016	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
U.S. Treasury securities and obligations of U.S. government agencies	$	37,406	$	117	$	(77	)	$	37,446
Obligations of states and political subdivisions		92,177		3,395		(574	)		94,998
Mortgage-backed securities in government sponsored entities		62,756		483		(597	)		62,642
Total debt securities		192,339		3,995		(1,248	)		195,086
Equity securities in financial institutions		481		297		—			778
Total	$	192,820	$	4,292	$	(1,248	)	$	195,864

Fair Value of Securities by Contractual Maturity

The amortized cost and fair value of securities at September 30, 2017, by contractual maturity, is shown below. Actual maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations. Securities not due at a single maturity date, primarily mortgage-backed securities and equity securities are shown separately.

Available for sale	Amortized Cost		Fair Value
Due in one year or less	$	5,099	$	5,108
Due after one year through five years		30,106		30,180
Due after five years through ten years		33,441		35,104
Due after ten years		71,769		74,286
Mortgage-backed securities		83,486		83,923
Equity securities		481		818
Total securities available for sale	$	224,382	$	229,419

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:

	Three months ended					Nine Months Ended
	September 30,					September 30,
	2017			2016		2017			2016
Sale proceeds	$	953		$	2,385	$	953		$	4,379
Gross realized gains		—			18		—			18
Gross realized losses		—			—		—			—
Gains (losses) from securities called or settled by the issuer		(9	)		—		(9	)		2

Securities with Unrealized Losses Not Recognized in Income

Securities with unrealized losses at September 30, 2017 and December 31, 2016 not recognized in income are as follows:

September 30, 2017	12 Months or less					More than 12 months					Total
Description of Securities	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
U.S. Treasury securities and obligations of U.S. government agencies	$	13,574	$	(48	)	$	3,761	$	(39	)	$	17,335	$	(87	)
Obligations of states and political subdivisions		4,960		(51	)		5,462		(174	)		10,422		(225	)
Mortgage-backed securities in gov’t sponsored entities		21,758		(108	)		15,062		(248	)		36,820		(356	)
Total temporarily impaired	$	40,292	$	(207	)	$	24,285	$	(461	)	$	64,577	$	(668	)

December 31, 2016	12 Months or less					More than 12 months					Total
Description of Securities	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
U.S. Treasury securities and obligations of U.S. government agencies	$	13,271	$	(61	)	$	893	$	(16	)	$	14,164	$	(77	)
Obligations of states and political subdivisions		17,167		(558	)		519		(16	)		17,686		(574	)
Mortgage-backed securities in gov’t sponsored entities		35,453		(566	)		2,849		(31	)		38,302		(597	)
Total temporarily impaired	$	65,891	$	(1,185	)	$	4,261	$	(63	)	$	70,152	$	(1,248	)