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Securities (Tables)
 9 Months Ended
Sep. 30, 2020
Schedule Of Debt Securities And Equity Securities [Line Items]  
Schedule of Gross Realized and Unrealized Losses Recognized on Equity Securities The gross realized and unrealized losses recognized on equity securities with readily determinable fair values in noninterest income in the Company’s consolidated statements of income were as follows:
Three Months Ended September 30,Nine Months Ended September 30,
(Dollars in thousands)2020201920202019
Unrealized gains (losses) on equity securities still held at the reporting date$(371)$64 $603 $499 
Realized gains (losses) on equity securities sold during the period— — — — 
$(371)$64 $603 $499 
Schedule of Amortized Cost and Estimated Fair Value of Debt Securities by Contractual Maturity
The amortized cost and estimated fair value of securities at September 30, 2020, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.
Available for Sale SecuritiesHeld to Maturity Securities
(Dollars in thousands)Amortized
Cost		Fair
Value		Amortized
Cost		Fair
Value
Due in one year or less$38,449 $38,799 $— $— 
Due from one year to five years19,799 20,264 — — 
Due from five years to ten years24,878 26,456 8,057 5,473 
Due after ten years113,545 116,709 — — 
196,671 202,228 8,057 5,473 
Mortgage-backed securities, residential28,604 29,790 — — 
Asset-backed securities7,173 7,091 — — 
SBA pooled securities3,536 3,693 — — 
$235,984 $242,802 $8,057 $5,473 
Schedule of Proceeds from Sales of Debt Securities and the Associated Gross Gains and Losses as well as Net Gains and Losses from Calls of Debt Securities
Proceeds from sales of debt securities and the associated gross gains and losses as well as net gains and losses from calls of debt securities are as follows:
Three Months Ended September 30,Nine Months Ended September 30,
(Dollars in thousands)2020201920202019
Proceeds$65,184 $— $65,184 $40,617 
Gross gains3,217 — 3,217 133 
Gross losses(140)— (140)(130)
Net gains and losses from calls of securities32 19 133 19 
Schedule of Available for Sale Debt Securities in an Unrealized Loss Position
The following table summarizes available for sale debt securities in an unrealized loss position for which an allowance for credit losses has not been recorded, aggregated by investment category and length of time that individual securities have been in a continuous loss position:
Less than 12 Months12 Months or MoreTotal
(Dollars in thousands)Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses
September 30, 2020
Available for sale securities:
U.S. Government agency obligations$— $— $— $— $— $— 
Mortgage-backed securities, residential127 (1)288 (2)415 (3)
Asset-backed securities150 (1)6,941 (81)7,091 (82)
State and municipal— — — — — — 
CLO securities16,591 (144)34,739 (218)51,330 (362)
Corporate bonds996 (7)150 01,146 (7)
SBA pooled securities726 (5)32 0758 (5)
$18,590 $(158)$42,150 $(301)$60,740 $(459)
Less than 12 Months12 Months or MoreTotal
(Dollars in thousands)Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses
December 31, 2019
Available for sale securities:
U.S. Government agency obligations$— $— $12,331 $(34)$12,331 $(34)
Mortgage-backed securities, residential3,549 (29)777 (7)4,326 (36)
Asset-backed securities2,986 (36)4,973 (44)7,959 (80)
State and municipal562 — 3,426 (8)3,988 (8)
CLO Securities58,160 (358)— — 58,160 (358)
Corporate bonds— — 149 (1)149 (1)
SBA pooled securities354 — 9 (1)363 (1)
$65,611 $(423)$21,665 $(95)$87,276 $(518)
Summary of Activity in Allowance for Credit Losses for Held To Maturity Debt Securities
The following table presents the activity in the allowance for credit losses for held to maturity debt securities:
(Dollars in thousands)Three Months Ended
September 30, 2020		Nine Months Ended
September 30, 2020
Held to Maturity CLO Securities
Allowance for credit losses:
Beginning balance$1,855 $— 
Impact of adopting ASC 326— 126 
Credit loss expense106 1,835 
Allowance for credit losses ending balance$1,961 $1,961 
Debt Securities  
Schedule Of Debt Securities And Equity Securities [Line Items]  
Schedule of Amortized Cost of Securities and Their Estimated Fair Values The following table summarizes the amortized cost, fair value, and allowance for credit losses of debt securities and the corresponding amounts of gross unrealized gains and losses of available for sale securities recognized in accumulated other comprehensive income (loss) and gross unrecognized gains and losses of held to maturity securities:
(Dollars in thousands)Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Allowance
for Credit
Losses		Fair
Value
September 30, 2020
Available for sale securities:
U.S. Government agency obligations$18,227 $221 $— $— $18,448 
Mortgage-backed securities, residential28,604 1,189 (3)— 29,790 
Asset-backed securities7,173 — (82)— 7,091 
State and municipal42,034 1,328 — — 43,362 
CLO securities113,795 4,058 (362)— 117,491 
Corporate bonds22,615 319 (7)— 22,927 
SBA pooled securities3,536 162 (5)— 3,693 
Total available for sale securities$235,984 $7,277 $(459)$— $242,802 
(Dollars in thousands)Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrecognized
Losses		Fair
Value
September 30, 2020
Held to maturity securities:
CLO securities$8,057 $— $(2,584)$5,473 
Allowance for credit losses(1,961)
Total held to maturity securities, net of ACL$6,096 
(Dollars in thousands)Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair
Value
December 31, 2019
Available for sale securities:
U.S. Government agency obligations$39,679 $115 $(34)$39,760 
Mortgage-backed securities, residential37,324 728 (36)38,016 
Asset-backed securities8,039 — (80)7,959 
State and municipal31,746 327 (8)32,065 
CLO Securities75,592 39 (358)75,273 
Corporate bonds50,889 695 (1)51,583 
SBA pooled securities4,112 53 (1)4,164 
Total available for sale securities$247,381 $1,957 $(518)$248,820 
(Dollars in thousands)Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrecognized
Losses		Fair
Value
December 31, 2019
Held to maturity securities:
CLO securities$8,417 $— $(1,510)$6,907