Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2019

Fair Value Disclosures [Abstract]

Schedule of Hierarchy and Fair Value for Each Major Category of Assets and Liabilities Measured at Fair Value

The following table provides the hierarchy and fair value for each major category of assets and liabilities measured at fair value at December 31, 2019 and 2018:

(dollars in thousands)	Fair Value Measurements Using:
December 31, 2019	Level 1		Level 2		Level 3		Total
Assets measured at fair value:
On a recurring basis:
Securities available for sale
Government agency securities	$	—	$	1,572	$	—	$	1,572
SBA agency securities		—		4,691		—		4,691
Mortgage-backed securities		—		19,171		—		19,171
Collateralized mortgage obligations		—		11,654		—		11,654
Commercial paper		—		69,898				69,898
Corporate debt securities		—		19,083		—		19,083
	$	—	$	126,069	$	—	$	126,069
On a non-recurring basis:
Other real estate owned		—		—		293		293
	$	—	$	—	$	293	$	293
December 31, 2018	Level 1		Level 2		Level 3		Total
Assets measured at fair value:
On a recurring basis:
Securities available for sale
Government agency securities	$	—	$	1,815	$	—	$	1,815
SBA agency securities		—		5,169		—		5,169
Mortgage-backed securities		—		22,541		—		22,541
Collateralized mortgage obligations		—		12,066		—		12,066
Commercial paper		—		14,918				14,918
Corporate debt securities		—		17,253		—		17,253
	$	—	$	73,762	$	—	$	73,762
On a non-recurring basis:
Commercial real estate - collateral dependent impaired loans	$	—		—	$	123	$	123
Other real estate owned		—		—	$	1,101	$	1,101
	$	—	$	—	$	1,224	$	1,224

Summary of Quantitative Information About Non-recurring Level 3 Fair Value Measurements

Quantitative information about the Company's non-recurring Level 3 fair value measurements as of December 31, 2019 and 2018 is as follows:

						Weighted-
(dollars in thousands)	Fair Value		Valuation	Unobservable	Adjustment	Average
December 31, 2019	Amount		Technique	Input	Range	Adjustment
Other real estate owned	$	293	Third Party	Management Adjustments	29%	29%
			Appraisals	to Reflect Current
				Conditions and Selling
				Costs
December 31, 2018
Other real estate owned	$	1,101	Third Party	Management Adjustments	16%	16%
			Appraisals	to Reflect Current
				Conditions and Selling
				Costs