Securities (Tables)
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12 Months Ended |
Dec. 31, 2016 |
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| Investments, Debt and Equity Securities [Abstract] |
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| Available-for-sale Securities [Table Text Block] |
The estimated fair value of available-for-sale securities and the related gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) were as follows: | | | (Dollars in thousands) | | | | | | | | Gross | | Gross | | Estimated | | | | | Cost | | Unrealized | | Unrealized | | Fair | | | | | Basis | | Gains | | Losses | | Value | | | December 31, 2016 | | | | | | | | | | | | | | | Money market fund | | $ | 222 | | $ | - | | $ | - | | $ | 222 | | | U.S. government sponsored entities | | | 16,643 | | | - | | | (369) | | | 16,274 | | | Collateralized mortgage obligations and residential mortgage-backed securities | | | 118,807 | | | 441 | | | (1,273) | | | 117,975 | | | Municipal securities | | | 95,242 | | | 2,146 | | | (643) | | | 96,745 | | | Collateralized debt obligations | | | 4,989 | | | - | | | (2,580) | | | 2,409 | | | Total securities available-for-sale | | $ | 235,903 | | $ | 2,587 | | $ | (4,865) | | $ | 233,625 | | | | | (Dollars in thousands) | | | | | | | | Gross | | Gross | | Estimated | | | | | Cost | | Unrealized | | Unrealized | | Fair | | | | | Basis | | Gains | | Losses | | Value | | | December 31, 2015 | | | | | | | | | | | | | | | Money market fund | | $ | 525 | | $ | - | | $ | - | | $ | 525 | | | U.S. government sponsored entities | | | 17,496 | | | 1 | | | (66) | | | 17,431 | | | Collateralized mortgage obligations and residential mortgage-backed securities | | | 118,628 | | | 1,021 | | | (476) | | | 119,173 | | | Municipal securities | | | 89,506 | | | 3,986 | | | (5) | | | 93,487 | | | Collateralized debt obligations | | | 5,096 | | | - | | | (2,362) | | | 2,734 | | | Total securities available-for-sale | | $ | 231,251 | | $ | 5,008 | | $ | (2,909) | | $ | 233,350 | |
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| Schedule of Contractual Maturities of Available-for-sale Debt Securities [Table Text Block] |
The estimated fair value of available-for-sale securities and carrying amount, if different, at December 31, 2016 by contractual maturity were as follows. Securities not due at a single maturity date, primarily mortgage-backed securities, are shown separately. | | | (Dollars in thousands) | | | | | Available-for-sale | | | | | Estimated | | | | | | | | Fair | | Tax-Equivalent | | | December 31, 2016 | | Value | | Yield (%) | | | Due in one year or less | | $ | 413 | | | 7.13 | | | Due from one to five years | | | 15,805 | | | 3.80 | | | Due from five to ten years | | | 30,611 | | | 4.57 | | | Due over ten years | | | 68,821 | | | 4.44 | | | | | | | | | | | | Collateralized mortgage obligations and residential mortgage-backed securities | | | 117,975 | | | 2.55 | | | Total | | $ | 233,625 | | | 3.47 | |
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| Schedule of Realized Gain (Loss) [Table Text Block] |
Sales of available-for-sale securities were as follows: | | | (Dollars in thousands) | | | | | December 31, | | December 31, | | | | | 2016 | | 2015 | | | | | | | | | | | | Proceeds | | $ | 44,258 | | $ | 31,088 | | | Gross gains | | | 926 | | | 608 | | | Gross losses | | | (100) | | | (2) | |
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| Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] |
Accumulated other comprehensive income/(loss) balances, net of tax, related to available-for-sale securities, were as follows: | | | (Dollars in thousands) | | | | | Unrealized
gain/(loss) | | | Ending balance, December 31, 2015 | | $ | 1,378 | | | Current period change | | | (2,884) | | | Ending balance, December 31, 2016 | | $ | (1,506) | |
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| Unrealized Gain (Loss) on Investments [Table Text Block] |
Securities with unrealized losses at December 31, 2016 and 2015 not recognized in income are as follows: | | | (Dollars in thousands) | | | | | Less than 12 months | | 12 months or longer | | Total | | | | | Estimated | | | | | Estimated | | | | | Estimated | | | | | | | | Fair | | Unrealized | | Fair | | Unrealized | | Fair | | Unrealized | | | | | Value | | Losses | | Value | | Losses | | Value | | Losses | | | December 31, 2016 | | | | | | | | | | | | | | | | | | | | | U.S. government sponsored entities | | $ | 16,274 | | $ | (369) | | $ | - | | $ | - | | $ | 16,274 | | $ | (369) | | | Collateralized mortgage obligations and residential mortgage-backed securities | | | 75,931 | | | (1,183) | | | 2,287 | | | (90) | | | 78,218 | | | (1,273) | | | Municipal securities | | | 20,775 | | | (643) | | | - | | | - | | | 20,775 | | | (643) | | | Collateralized debt obligations | | | - | | | - | | | 2,409 | | | (2,580) | | | 2,409 | | | (2,580) | | | Total temporarily impaired | | $ | 112,980 | | $ | (2,195) | | $ | 4,696 | | $ | (2,670) | | $ | 117,676 | | $ | (4,865) | | | Number of securities | | | | | | 97 | | | | | | 6 | | | | | | 103 | | | | | (Dollars in thousands) | | | | | Less than 12 months | | 12 months or longer | | Total | | | | | Estimated | | | | | Estimated | | | | | Estimated | | | | | | | | Fair | | Unrealized | | Fair | | Unrealized | | Fair | | Unrealized | | | | | Value | | Losses | | Value | | Losses | | Value | | Losses | | | December 31, 2015 | | | | | | | | | | | | | | | | | | | | | U.S. government sponsored entities | | $ | 9,429 | | $ | (66) | | $ | - | | $ | - | | $ | 9,429 | | $ | (66) | | | Collateralized mortgage obligations and residential mortgage-backed securities | | | 39,386 | | | (232) | | | 8,045 | | | (244) | | | 47,431 | | | (476) | | | Municipal securities | | | 1,512 | | | (5) | | | - | | | - | | | 1,512 | | | (5) | | | Collateralized debt obligations | | | - | | | - | | | 2,734 | | | (2,362) | | | 2,734 | | | (2,362) | | | Total temporarily impaired | | $ | 50,327 | | $ | (303) | | $ | 10,779 | | $ | (2,606) | | $ | 61,106 | | $ | (2,909) | | | Number of securities | | | | | | 37 | | | | | | 11 | | | | | | 48 |
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