Securities (Tables)

3 Months Ended

Mar. 31, 2021

Investments Debt And Equity Securities [Abstract]

Schedule of Amortized Cost and Fair Values of Securities Available For Sale

The amortized cost and fair values of securities available for sale as of March 31, 2021 and December 31, 2020 were as follows (dollars in thousands):

March 31, 2021			Gross		Gross
	Amortized		Unrealized		Unrealized			Fair
	Cost		Gains		(Losses)			Value
U.S. Government agencies	$	33,471	$	-	$	(910	)	$	32,561
Mortgage-backed securities/CMOs		72,795		443		(910	)		72,328
Municipal bonds		69,261		585		(1,647	)		68,199
Total Securities Available for Sale	$	175,527	$	1,028	$	(3,467	)	$	173,088

December 31, 2020			Gross		Gross
	Amortized		Unrealized		Unrealized			Fair
	Cost		Gains		(Losses)			Value
U.S. Government agencies	$	25,496	$	7	$	(198	)	$	25,305
Mortgage-backed securities/CMOs		77,438		844		(182	)		78,100
Municipal bonds		69,303		1,499		(121	)		70,681
Total Securities Available for Sale	$	172,237	$	2,350	$	(501	)	$	174,086

Schedule of Unrealized Losses in the Bank's Securities Portfolio

The following table summarizes all securities with unrealized losses, segregated by length of time in a continuous unrealized loss position, at March 31, 2021, and December 31, 2020 (dollars in thousands):

March 31, 2021
	Less than 12 Months					12 Months or more					Total
			Unrealized					Unrealized					Unrealized
	Fair Value		Losses			Fair Value		Losses			Fair Value		Losses
U.S. Government agencies	$	30,561	$	(910	)	$	—	$	—		$	30,561	$	(910	)
Mortgage-backed/CMOs		52,510		(910	)		—		—			52,510		(910	)
Municipal bonds		46,852		(1,632	)		750		(15	)		47,602		(1,647	)
	$	129,923	$	(3,452	)	$	750	$	(15	)	$	130,673	$	(3,467	)

December 31, 2020
	Less than 12 Months					12 Months or more				Total
			Unrealized					Unrealized				Unrealized
	Fair Value		Losses			Fair Value		Losses		Fair Value		Losses
U.S. Government agencies	$	19,298	$	(198	)	$	—	$	—	$	19,298	$	(198	)
Mortgage-backed/CMOs		24,523		(182	)		—		—		24,523		(182	)
Municipal bonds		21,501		(121	)		—		—		21,501		(121	)
	$	65,322	$	(501	)	$	—	$	—	$	65,322	$	(501	)