SECURITIES (Tables)

3 Months Ended

Mar. 31, 2020

SECURITIES.

The amortized cost and estimated fair values of investments in securities

			Gross		Gross
	Amortized		Unrealized		Unrealized
(Dollars in thousands)	Cost		Gains		Losses		Fair Value
March 31, 2020
Debt securities available for sale:
State and municipal securities	$	48,988	$	1,898	$	—	$	50,886
U.S. agency securities:
Collateralized mortgage obligations		51,433		1,632		—		53,065
Mortgage-backed securities		124,370		4,522		—		128,892
Equity securities		1,161		10		—		1,171
Total	$	225,952	$	8,062	$	—	$	234,014

			Gross		Gross
	Amortized		Unrealized		Unrealized
(Dollars in thousands)	Cost		Gains		Losses		Fair Value
December 31, 2019
Debt securities available for sale:
State and municipal securities	$	51,525	$	1,761	$	(7)	$	53,279
U.S. agency securities:
Collateralized mortgage obligations		55,784		324		(119)		55,989
Mortgage-backed securities		119,787		1,315		(255)		120,847
Equity securities		1,155		—		(8)		1,147
Total	$	228,251	$	3,400	$	(389)	$	231,262

Schedule of amortized cost and estimated fair value of securities by contractual maturities

	Available for Sale
	Amortized		Fair
(Dollars in thousands)	Cost		Value
March 31, 2020
Amounts maturing in:
1 year or less	$	1,759	$	1,776
1 year through 5 years		3,050		3,131
5 years through 10 years		15,042		15,536
After 10 years		206,101		213,571
	$	225,952	$	234,014
December 31, 2019
Amounts maturing in:
1 year or less	$	2,535	$	2,532
1 year through 5 years		3,081		3,145
5 years through 10 years		14,564		14,874
After 10 years		208,071		210,711
	$	228,251	$	231,262

Information pertaining to securities with gross unrealized losses

	Less Than Twelve Months				Twelve Months or More
			Gross				Gross
	Fair		Unrealized		Fair		Unrealized
(Dollars in thousands)	Value		Losses		Value		Losses
March 31, 2020
Debt securities available for sale:
State and municipal securities	$	489	$	—	$	—	$	—
U.S. agency securities:
Collateralized mortgage obligations		—		—		—		—
Mortgage-backed securities		—		—		—		—
Equity securities		—		—		—		—
	$	489	$	—	$	—	$	—
December 31, 2019
Debt securities available for sale:
State and municipal securities	$	3,539	$	(7)	$	106	$	—
U.S. agency securities:
Debt securities		—		—				—
Collateralized mortgage obligations		10,687		(46)		7,994		(73)
Mortgage-backed securities		11,628		(26)		21,745		(229)
Equity securities		—		—		1,147		(8)
	$	25,854	$	(79)	$	30,992	$	(310)