INVESTMENT SECURITIES (Tables)

12 Months Ended

Dec. 31, 2017

Investments, Debt and Equity Securities [Abstract]

Amortized Cost and Fair Values of Investment Securities Available-for-sale

Amortized cost and fair values of investment securities available-for-sale at December 31, 2017 are summarized as follows:

(Dollars in thousands)	Amortized Cost		Unrealized Gain		Unrealized Loss			Fair Value
U. S. Agency securities	$	81,705	$	81	$	(841	)	$	80,945
U.S. Sponsored Mortgage-backed securities	59,387		31		(1,264		)	58,154
Municipal securities	74,482		1,733		(373		)	75,842
Total debt securities	215,574		1,845		(2,478		)	214,941
Equity and other securities	15,940		644		(18		)	16,566
Total investment securities available-for-sale	$	231,514	$	2,489	$	(2,496	)	$	231,507

Amortized cost and fair values of investment securities available-for-sale at December 31, 2016 are summarized as follows:

(Dollars in thousands)	Amortized Cost		Unrealized Gain		Unrealized Loss			Fair Value
U. S. Agency securities	$	29,234	$	7	$	(425	)	$	28,816
U.S. Sponsored Mortgage-backed securities	56,080		14		(1,362		)	54,732
Municipal securities	72,075		744		(2,023		)	70,796
Total debt securities	157,389		765		(3,810		)	154,344
Equity and other securities	7,643		381		—			8,024
Total investment securities available-for-sale	$	165,032	$	1,146	$	(3,810	)	$	162,368

Amortized Cost and Fair Values of Debt Securities by Maturity

The following table summarizes amortized cost and fair values of debt securities by maturity:
	December 31, 2017
	Available for sale
(Dollars in thousands)	Amortized Cost		Fair Value
Within one year	$	300	$	302
After one year, but within five	37,208		37,210
After five years, but within ten	31,768		31,258
After ten years	146,298		146,171
Total	$	215,574	$	214,941

Investments in an Unrealized Loss Position

The following table discloses investments in an unrealized loss position at December 31, 2017:

(Dollars in thousands)	Less than 12 months					12 months or more
Description and number of positions	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
U.S. Agency securities (45)	$	61,834	$	(659	)	$	7,709	$	(182	)
U.S. Sponsored Mortgage-backed securities (39)	16,825		(159		)	37,427		(1,105		)
Municipal securities (47)	8,826		(48		)	16,781		(325		)
Equity and other securities (2)	$	1,034	$	(18	)	$	—	$	—
	$	88,519	$	(884	)	$	61,917	$	(1,612	)

The following table discloses investments in an unrealized loss position at December 31, 2016:

(Dollars in thousands)	Less than 12 months					12 months or more
Description and number of positions	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
U.S. Agency securities (16)	$	28,814	$	(425	)	$	—	$	—
U.S. Sponsored Mortgage-backed securities (29)	33,209		(1,040		)	13,919		(322		)
Municipal securities (86)	42,727		(2,023		)	—		—
	$	104,750	$	(3,488	)	$	13,919	$	(322	)