SECURITIES AVAILABLE FOR SALE (Tables)
|
12 Months Ended |
Dec. 31, 2016 |
| Available-for-sale Securities [Abstract] |
|
| Schedule of amortized costs and fair values of securities AFS |
| |
|
December 31, 2016 |
|
| |
|
Amortized |
|
|
Gross |
|
|
Gross |
|
|
Fair |
|
| (in thousands) |
|
Cost |
|
|
Unrealized Gains |
|
|
Unrealized Losses |
|
|
Value |
|
| U.S. government sponsored enterprises |
|
$ |
1,981 |
|
|
$ |
- |
|
|
$ |
18 |
|
|
$ |
1,963 |
|
| State, county and municipals |
|
|
191,721 |
|
|
|
160 |
|
|
|
4,638 |
|
|
|
187,243 |
|
| Mortgage-backed securities |
|
|
161,309 |
|
|
|
242 |
|
|
|
2,422 |
|
|
|
159,129 |
|
| Corporate debt securities |
|
|
12,117 |
|
|
|
52 |
|
|
|
- |
|
|
|
12,169 |
|
| Equity securities |
|
|
2,631 |
|
|
|
2,152 |
|
|
|
- |
|
|
|
4,783 |
|
| |
|
$ |
369,759 |
|
|
$ |
2,606 |
|
|
$ |
7,078 |
|
|
$ |
365,287 |
|
| |
|
December 31, 2015 |
|
| |
|
Amortized |
|
|
Gross |
|
|
Gross |
|
|
Fair |
|
| (in thousands) |
|
Cost |
|
|
Unrealized Gains |
|
|
Unrealized Losses |
|
|
Value |
|
| U.S. government sponsored enterprises |
|
$ |
287 |
|
|
$ |
7 |
|
|
$ |
- |
|
|
$ |
294 |
|
| State, county and municipals |
|
|
104,768 |
|
|
|
497 |
|
|
|
244 |
|
|
|
105,021 |
|
| Mortgage-backed securities |
|
|
61,600 |
|
|
|
418 |
|
|
|
554 |
|
|
|
61,464 |
|
| Corporate debt securities |
|
|
1,140 |
|
|
|
- |
|
|
|
- |
|
|
|
1,140 |
|
| Equity securities |
|
|
3,196 |
|
|
|
1,504 |
|
|
|
23 |
|
|
|
4,677 |
|
| |
|
$ |
170,991 |
|
|
$ |
2,426 |
|
|
$ |
821 |
|
|
$ |
172,596 |
|
|
| Schedule of unrealized losses and fair value |
| |
|
December 31, 2016 |
|
| |
|
Less than 12 months |
|
|
12 months or more |
|
|
Total |
|
| (in thousands) |
|
Fair Value |
|
|
Unrealized Losses |
|
|
Fair Value |
|
|
Unrealized Losses |
|
|
Fair Value |
|
|
Unrealized Losses |
|
| U.S. government sponsored enterprises |
|
$ |
1,963 |
|
|
$ |
18 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
1,963 |
|
|
$ |
18 |
|
| State, county and municipals |
|
|
167,457 |
|
|
|
4,629 |
|
|
|
1,300 |
|
|
|
9 |
|
|
|
168,757 |
|
|
|
4,638 |
|
| Mortgage-backed securities |
|
|
134,770 |
|
|
|
2,311 |
|
|
|
3,653 |
|
|
|
111 |
|
|
|
138,423 |
|
|
|
2,422 |
|
| |
|
$ |
304,190 |
|
|
$ |
6,958 |
|
|
$ |
4,953 |
|
|
$ |
120 |
|
|
$ |
309,143 |
|
|
$ |
7,078 |
|
| |
|
December 31, 2015 |
|
| |
|
Less than 12 months |
|
|
12 months or more |
|
|
Total |
|
| (in thousands) |
|
Fair Value |
|
|
Unrealized Losses |
|
|
Fair Value |
|
|
Unrealized Losses |
|
|
Fair Value |
|
|
Unrealized Losses |
|
| State, county and municipals |
|
$ |
34,283 |
|
|
$ |
112 |
|
|
$ |
12,702 |
|
|
$ |
132 |
|
|
$ |
46,985 |
|
|
$ |
244 |
|
| Mortgage-backed securities |
|
|
22,228 |
|
|
|
167 |
|
|
|
13,750 |
|
|
|
387 |
|
|
|
35,978 |
|
|
|
554 |
|
| Equity securities |
|
|
408 |
|
|
|
23 |
|
|
|
- |
|
|
|
- |
|
|
|
408 |
|
|
|
23 |
|
| |
|
$ |
56,919 |
|
|
$ |
302 |
|
|
$ |
26,452 |
|
|
$ |
519 |
|
|
$ |
83,371 |
|
|
$ |
821 |
|
|
| Schedule of amortized cost and fair value classified by contractual maturities |
| |
|
December 31, 2016 |
|
| (in thousands) |
|
Amortized Cost |
|
|
Fair Value |
|
| Due in less than one year |
|
$ |
9,833 |
|
|
$ |
9,835 |
|
| Due in one year through five years |
|
|
81,288 |
|
|
|
80,847 |
|
| Due after five years through ten years |
|
|
106,416 |
|
|
|
102,401 |
|
| Due after ten years |
|
|
8,282 |
|
|
|
8,292 |
|
| |
|
|
205,819 |
|
|
|
201,375 |
|
| Mortgage-backed securities |
|
|
161,309 |
|
|
|
159,129 |
|
| Equity securities |
|
|
2,631 |
|
|
|
4,783 |
|
| Securities AFS |
|
$ |
369,759 |
|
|
$ |
365,287 |
|
|