Investment Securities (Tables)

12 Months Ended

Dec. 31, 2021

Available For Sale Securities [Abstract]

Schedule of Investment Securities Available-for-Sale

Investment securities available-for-sale was comprised of the following:

	December 31, 2021
(Dollars in thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
U.S. Treasury Securities	$	20,000	$	—	$	—		$	20,000
Collateralized Mortgage Backed		31,521		151		(790	)		30,882
Subordinated Debt		8,720		31		(47	)		8,704
Municipal Securities
Taxable		10,704		13		(160	)		10,557
Tax-exempt		22,978		1,182		(17	)		24,143
U.S. Governmental Agencies		5,725		—		(98	)		5,627
Total	$	99,648	$	1,377	$	(1,112	)	$	99,913

Investment securities available-for-sale was comprised of the following:

	December 31, 2020
(Dollars in thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
U.S. Treasury Securities	$	90,000	$	—	$	—		$	90,000
Collateralized Mortgage Backed		24,743		282		(129	)		24,896
Subordinated Debt		3,250		29		(1	)		3,278
Municipal Securities
Taxable		6,220		51		—			6,271
Tax-exempt		15,128		1,206		—			16,334
U.S. Governmental Agencies		6,785		—		(150	)		6,635
Total	$	146,126	$	1,568	$	(280	)	$	147,414

Schedule of Investment Securities Held-to-Maturity

Investment securities held-to-maturity was comprised of the following:

	December 31, 2021
(Dollars in thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Municipal Securities
Tax-exempt	$	17,849	$	795	$	—	$	18,644
Subordinated Debt		2,500		—		—		2,500
Total	$	20,349	$	795	$	—	$	21,144

Investment securities held-to-maturity was comprised of the following:

	December 31, 2020
(Dollars in thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Municipal Securities
Tax-exempt	$	20,015	$	1,058	$	—	$	21,073
Subordinated Debt		2,505		—		—		2,505
Total	$	22,520	$	1,058	$	—	$	23,578

Schedule of Scheduled Maturities of Securities Available-for-Sale and Held-to-Maturity

The scheduled maturities of securities available-for-sale and held-to-maturity at December 31, 2021 were as follows:

	December 31, 2021
	Available-for-Sale				Held-to-Maturity
(Dollars in thousands)	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Due in one year or less	$	20,002	$	20,002	$	—	$	—
Due from one to five years		1,002		1,006		1,329		1,372
Due from after five to ten years		10,927		10,957		10,773		11,174
Due after ten years		67,717		67,948		8,247		8,598
Total	$	99,648	$	99,913	$	20,349	$	21,144

Schedule of Fair Value and Unrealized Losses Aggregated by Investment Category And Length of Time

The following tables summarize the fair value and unrealized losses at December 31, 2021 and December 31, 2020, aggregated by investment category and length of time that individual securities have been in a continuous loss position:

	December 31, 2021
	Less than 12 Months					12 Months or Longer					Total
(Dollars in thousands)	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
Available-for-sale:
Collateralized Mortgage Backed	$	11,922	$	(215	)	$	12,043	$	(575	)	$	23,965	$	(790	)
Subordinated Debt		4,673		(47	)		—		—			4,673		(47	)
Municipal Securities
Taxable		5,484		(63	)		3,482		(97	)		8,966		(160	)
Tax-exempt		2,594		(17	)		—		—			2,594		(17	)
U.S Governmental Agencies		—		—			5,445		(98	)		5,445		(98	)
Total	$	24,673	$	(342	)	$	20,970	$	(770	)	$	45,643	$	(1,112	)

	December 31, 2020
	Less than 12 Months					12 Months or Longer					Total
(Dollars in thousands)	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
Available-for-sale:
Collateralized Mortgage Backed	$	14,971	$	(129	)	$	—	$	—		$	14,971	$	(129	)
Subordinated Debt		749		(1	)		—		—			749		(1	)
U.S Government Agencies		—		—			6,785		(150	)		6,785		(150	)
Total	$	15,720	$	(130	)	$	6,785	$	(150	)	$	22,505	$	(280	)