Fair Values of Assets and Liabilities (Tables)

6 Months Ended

Jun. 30, 2020

Fair Values of Assets and Liabilities [Abstract]

Assets and Liabilities Recorded at Fair Value on Recurring Basis

	June 30, 2020
	Total		Level 1		Level 2		Level 3
Investment securities available for sale
U.S. Treasury securities	$	21,749	$	21,749	$	—	$	—
U.S. Government agencies		20,281		—		20,281		—
State, county and municipal		109,669		1,622		108,047		—
Mortgage backed securities		32,243		—		32,243		—
Asset backed securities		23,150		—		23,150		—
Corporate bonds		19,775		5,558		14,217		—
Total investment securities available for sale		226,867		28,929		197,938		—
Total assets at fair value	$	226,867	$	28,929	$	197,938	$	—
Cash flow hedge liability	$	730		—	$	730		—
Total liabilities at fair value	$	730	$	—	$	730	$	—

	December 31, 2019
	Total		Level 1		Level 2		Level 3
Investment securities available for sale
U.S. Government agencies	$	21,936	$	—	$	21,936	$	—
State, county and municipal		98,592		10,072		88,520		—
Mortgage backed securities		48,740		1,181		47,559		—
Asset backed securities		11,604		—		11,604		—
Corporate bonds		6,097		—		6,097		—
Total investment securities available for sale		186,969		11,253		175,716		—
Total assets at fair value	$	186,969	$	11,253	$	175,716	$	—
Cash flow hedge liability		44		—	$	44		—
Total liabilities at fair value	$	44	$	—	$	44	$	—

Assets and Liabilities Measured at Fair Value on Nonrecurring Basis

	June 30, 2020
	Total		Level 1		Level 2		Level 3
Impaired loans	$	3,795	$	—	$	—	$	3,795
Loans held for sale		396		—		396		—
Bank premises and equipment held for sale		1,589		—		—		1,589
Other real estate owned		4,486		—		—		4,486
Total assets at fair value	$	10,266	$	—	$	396	$	9,870
Total liabilities at fair value	$	—	$	—	$	—	$	—

	December 31, 2019
	Total		Level 1		Level 2		Level 3
Impaired loans	$	3,020	$	—	$	—	$	3,020
Loans held for sale		501		—		501		—
Bank premises and equipment held for sale		1,589		—		—		1,589
Other real estate owned		4,527		—		—		4,527
Total assets at fair value	$	9,637	$	—	$	501	$	9,136
Total liabilities at fair value	$	—	$	—	$	—	$	—

Summary of Fair Value of Financial Instruments

	June 30, 2020
			Estimated Fair
	Carrying Value		Value		Level 1		Level 2		Level 3
Financial assets:
Securities held to maturity	$	24,169	$	25,282	$	—	$	25,282	$	—
Loans, net of allowance		1,153,072		1,164,016		—		—		1,164,016
PCI loans, net of allowance		29,351		36,997		—		—		36,997
Financial liabilities:
Interest bearing deposits		1,084,869		1,089,775		—		1,089,775		—
Borrowings		72,291		73,462		—		73,462		—

	December 31, 2019
			Estimated Fair
	Carrying Value		Value		Level 1		Level 2		Level 3
Financial assets:
Securities held to maturity	$	35,733	$	36,633	$	—	$	36,633	$	—
Loans, net of allowance		1,049,894		1,041,671		—		—		1,041,671
PCI loans, net of allowance		32,372		38,982		—		—		38,982
Financial liabilities:
Interest bearing deposits		984,864		985,853		—		985,853		—
Borrowings		72,624		72,457		—		72,457		—