Securities (Tables)

6 Months Ended

Jun. 30, 2018

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:

June 30, 2018	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
U.S. Treasury securities and obligations of U.S. government agencies	$	29,624	$	69	$	(294	)	$	29,399
Obligations of states and political subdivisions		116,051		2,298		(701	)		117,648
Mortgage-backed securities in government sponsored entities		85,556		208		(1,798	)		83,966
Total debt securities	$	231,231	$	2,575	$	(2,793	)	$	231,013

December 31, 2017	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
U.S. Treasury securities and obligations of U.S. government agencies	$	30,450	$	100	$	(192	)	$	30,358
Obligations of states and political subdivisions		114,002		4,226		(172	)		118,056
Mortgage-backed securities in government sponsored entities		82,098		408		(690	)		81,816
Total debt securities	$	226,550	$	4,734	$	(1,054	)	$	230,230

Fair Value of Securities by Contractual Maturity

The amortized cost and fair value of securities at June 30, 2018, 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	$	13,504	$	13,462
Due after one year through five years		22,556		22,415
Due after five years through ten years		29,983		30,994
Due after ten years		79,632		80,176
Mortgage-backed securities		85,556		83,966
Total securities available for sale	$	231,231	$	231,013

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				Six Months Ended
	June 30,				June 30,
	2018		2017		2018		2017
Sale proceeds	$	—	$	—	$	—	$	—
Gross realized gains		—		—		—		—
Gross realized losses		—		—		—		—
Gains (losses) from securities called or settled by the issuer		6		—		6		—

Securities with Unrealized Losses Not Recognized in Income

Securities with unrealized losses at June 30, 2018 and December 31, 2017 not recognized in income are as follows:

June 30, 2018	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	$	15,172	$	(159	)	$	11,366	$	(135	)	$	26,538	$	(294	)
Obligations of states and political subdivisions		27,449		(448	)		7,453		(253	)		34,902		(701	)
Mortgage-backed securities in gov’t sponsored entities		57,043		(1,027	)		19,721		(771	)		76,764		(1,798	)
Total temporarily impaired	$	99,664	$	(1,634	)	$	38,540	$	(1,159	)	$	138,204	$	(2,793	)

December 31, 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	$	20,449	$	(100	)	$	6,617	$	(92	)	$	27,066	$	(192	)
Obligations of states and political subdivisions		4,057		(41	)		7,309		(131	)		11,366		(172	)
Mortgage-backed securities in gov’t sponsored entities		29,534		(195	)		22,199		(495	)		51,733		(690	)
Total temporarily impaired	$	54,040	$	(336	)	$	36,125	$	(718	)	$	90,165	$	(1,054	)

Schedule of Net Gains and Losses on Equity Investments Recognized in Earnings and Portion of Unrealized Gains and Losses for Period that Relates to Equity Investments

The following table presents the net gains and losses on equity investments recognized in earnings for the three and six-months ended June 30, 2018, and the portion of unrealized gains and losses for the period that relates to equity investments held at June 30, 2018:

	Three months ended		Six months ended
	June 30, 2018		June 30, 2018
Net gains recognized on equity securities during the period	$	35	$	75
Less: Net gains (losses) realized on the sale of equity securities during the period		—		—
Unrealized gains recognized in equity securities held at reporting date	$	35	$	75