Investment Securities (Tables)

3 Months Ended

Mar. 31, 2018

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 March 31, 2018
Available-for-Sale Securities:
Obligations of U.S. government corporations and agencies	$	2,518	$	-	$	(17)	$	2,501
Mortgage-backed securities – residential		64,093		57		(1,732)		62,418
REMICs		1,025		-		(5)		1,020
Collateralized mortgage obligations		97,115		46		(1,969)		95,192
Corporate bonds		12,913		129		-		13,042
Obligations of state and political subdivisions		95,080		1,711		(854)		95,937
Total Available-for-Sale	$	272,744	$	1,943	$	(4,577)	$	270,110

	Amortized Cost		Gross Unrecognized Gains		Gross Unrecognized Losses		Fair Value
	(In Thousands)
Held-to-Maturity Securities*:
FHLMC certificates	$	9	$	-	$	-	$	9
FNMA certificates		38		-		-		38
GNMA certificates		15		-		-		15
Obligations of state and political subdivisions		580		-		-		580
Total Held-to Maturity	$	642	$	-	$	-	$	642

			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
	(In Thousands)
At December 31, 2017
Available-for-sale
Obligations of U.S. government corporations and agencies	$	518	$	-	$	(10)	$	508
Mortgage-backed securities - residential		59,942		90		(763)		59,269
REMICs		1,072		-		(7)		1,065
Collateralized mortgage obligations		94,588		180		(892)		93,876
Preferred stock		-		1		-		1
Corporate bonds		12,914		189		-		13,103
Obligations of state and political subdivisions		90,692		2,426		(290)		92,828
Total Available-for-Sale	$	259,726	$	2,886	$	(1,962)	$	260,650

			Gross		Gross
	Amortized		Unrecognized		Unrecognized		Fair
	Cost		Gains		Losses		Value
	(In Thousands)
Held-to-Maturity*
FHLMC certificates	$	10	$	-	$	-	$	10
FNMA certificates		41		1		-		42
GNMA certificates		17		-		-		17
Obligations of states and political subdivisions		580		-		-		580
Total Held-to-Maturity	$	648	$	1	$	-	$	649

* 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	$	1,408	$	1,420	$	-	$	-
Due after one year through five years		22,370		22,694		62		62
Due after five years through ten years		38,284		39,267		518		518
Due after ten years		48,449		48,099		-		-
MBS/CMO/REMIC		162,233		158,630		62		62
	$	272,744	$	270,110	$	642	$	642

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

The following tables summarize First Defiance’s securities that were in an unrealized loss position at March 31, 2018, and December 31, 2017:

	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 March 31, 2018
Available-for-sale securities:
Obligations of U.S. government corporations and agencies	$	501	$	(17)	$	-	$	-	$	501	$	(17)
Mortgage-backed securities-residential		36,935		(865)		18,210		(867)		55,145		(1,732)
REMICs		1,020		(5)		-		-		1,020		(5)
Collateralized mortgage obligations		73,810		(1,214)		16,646		(755)		90,456		(1,969)
Obligations of state and political subdivisions		24,030		(641)		3,285		(213)		27,315		(854)
Total temporarily impaired securities	$	136,296	$	(2,742)	$	38,141	$	(1,835)	$	174,437	$	(4,577)

	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, 2017
Available-for-sale securities:
Obligations of U.S. government corporations and agencies	$	-	$	-	$	508	$	(10)	$	508	$	(10)
Mortgage-backed securities-residential		27,881		(215)		19,038		(548)		46,919		(763)
REMICs		1,065		(7)		-		-		1,065		(7)
Collateralized mortgage obligations		49,107		(320)		20,804		(572)		69,911		(892)
Obligations of state and political subdivisions		14,249		(163)		3,370		(127)		17,619		(290)
Held to maturity securities:		12		-		9		-		21		-
Total temporarily impaired securities	$	92,314	$	(705)	$	43,729	$	(1,257)	$	136,043	$	(1,962)