Investment Securities (Tables)

6 Months Ended

Jun. 30, 2015

Marketable Securities [Abstract]

Schedule of Available-for-sale and Held to Maturity Securities [Table Text Block]

The following is a summary of available-for-sale and held-to-maturity securities:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
	(In Thousands)
At June 30, 2015
Available-for-Sale Securities:
Obligations of U.S. government corporations and agencies	$	3,000	$	-	$	(18)	$	2,982
Mortgage-backed securities – residential		59,181		768		(236)		59,713
REMICs		1,722		29		-		1,751
Collateralized mortgage obligations		76,556		1,094		(363)		77,287
Trust preferred securities and preferred stock		-		1		-		1
Corporate bonds		5,935		62		(4)		5,993
Obligations of state and political subdivisions		85,731		3,778		(224)		89,285
Totals	$	232,125	$	5,732	$	(845)	$	237,012

	Amortized Cost		Gross Unrecognized Gains		Gross Unrecognized Losses		Fair Value
	(In Thousands)
Held-to-Maturity Securities*:
FHLMC certificates	$	16	$	-	$	-	$	16
FNMA certificates		82		3		-		85
GNMA certificates		35		1		-		36
Obligations of state and political subdivisions		124		-		-		124
Totals	$	257	$	4	$	-	$	261

			Gross		Gross
	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses		Fair Value
	(In Thousands)
At December 31, 2014
Available-for-sale
Obligations of U.S. government corporations and agencies	$	1,000	$	-	$	(20)	$	980
Mortgage-backed securities - residential		58,380		1,476		-		59,856
REMICs		1,820		19		-		1,839
Collateralized mortgage obligations		80,252		1,280		(411)		81,121
Trust preferred stock and preferred stock		-		1		-		1
Corporate bonds		6,913		85		(6)		6,992
Obligations of state and political subdivisions		83,732		4,827		(27)		88,532
Total Available-for-Sale	$	232,097	$	7,688	$	(464)	$	239,321

	Amortized Cost		Gross Unrecognized Gains		Gross Unrecognized Losses		Fair Value
	(In Thousands)
Held-to-Maturity*:
FHLMC certificates	$	26	$	-	$	(8)	$	18
FNMA certificates		93		2		-		95
GNMA certificates		39		1		-		40
Obligations of states and political subdivisions		155		-		-		155
Total Held-to-Maturity	$	313	$	3	$	(8)	$	308

* FHLMC, FNMA, and GNMA certificates are residential mortgage-backed securities.

Investments Classified by Contractual Maturity Date [Table Text Block]

These securities may mature earlier than their weighted-average contractual maturities because of principal prepayments.

	Available-for-Sale				Held-to-Maturity
	Amortized		Fair		Amortized		Fair
	Cost		Value		Cost		Value
	(In Thousands)
Due in one year or less	$	1,246	$	1,256	$	-	$	-
Due after one year through five years		14,772		15,078		124		124
Due after five years through ten years		36,311		38,157		-		-
Due after ten years		42,337		43,770		-		-
MBS/CMO		137,459		138,751		133		137
	$	232,125	$	237,012	$	257	$	261

Unrealized Gain (Loss) on Investments [Table Text Block]

The following tables summarize First Defiance’s securities that were in an unrealized loss position at June 30, 2015 and December 31, 2014:

	Duration of Unrealized Loss Position
	Less than 12 Months				12 Months or Longer				Total
			Gross				Gross
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
	Value		Loss		Value		Loss		Value		Loses
	(In Thousands)
At June 30, 2015
Available-for-sale securities:
Obligations of U.S. government corporations and agencies	$	1,994	$	(6)	$	988	$	(12)	$	2,982	$	(18)
Collateralized mortgage obligations		11,258		(96)		10,325		(267)		21,583		(363)
Mortgage-backed securities - residential		33,958		(236)		-		-		33,958		(236)
Obligations of state and political subdivisions		14,101		(208)		415		(16)		14,516		(224)
Corporate bonds		1,996		(4)		-		-		1,996		(4)
Total temporarily impaired securities	$	63,307	$	(550)	$	11,728	$	(295)	$	75,035	$	(845)

	Duration of Unrealized Loss Position
	Less than 12 Months				12 Months or Longer				Total
			Gross				Gross
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
	Value		Loss		Value		Loss		Value		Loses
	(In Thousands)
At December 31, 2014
Available-for-sale securities:
Obligations of U.S. government corporations and agencies	$	-	$	-	$	980	$	(20)	$	980	$	(20)
Collateralized mortgage obligations		4,466		(138)		14,633		(273)		19,099		(411)
Corporate bonds		-		-		994		(6)		994		(6)
Obligations of state and political subdivisions		1,194		(8)		1,499		(19)		2,693		(27)
Held to maturity securities:
FHLMC certificates		18		(8)		-		-		18		(8)
Total temporarily impaired securities	$	5,678	$	(154)	$	18,106	$	(318)	$	23,784	$	(472)

Marketable Securities [Table Text Block]

The proceeds from the sales and calls of securities and the associated gains and losses are listed below:

	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
	(In Thousands)
Proceeds	$	-	$	2,128	$	-	$	3,782
Gross realized gains		-		1,113		-		1,113
Gross realized losses		-		(642)		-		(642)