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Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2020
Commitments And Contingencies Disclosure [Abstract]  
Summary of Distribution of Undisbursed Loan Commitments The following table shows the distribution of undisbursed loan commitments as of the dates indicated:

 

 

 

September 30,

2020

 

 

December 31,

2019

 

 

 

(Dollars in thousands)

 

Commitments to extend credit

 

$

74,146

 

 

$

66,153

 

Standby letter of credit

 

 

9,722

 

 

 

7,377

 

Commercial letter of credit

 

 

1,485

 

 

 

1,111

 

Total undisbursed loan commitments

 

$

85,353

 

 

$

74,641

 

Schedule of Balance and Total Unfunded Commitments Related to Investment in Low Income Housing Partnerships The following table shows the balance of the investments in low income housing partnerships and the total unfunded commitments related to the investments in low income housing partnerships as of the dates indicated:

 

 

September 30,

2020

 

 

December 31,

2019

 

 

 

(Dollars in thousands)

 

Investments in low income housing partnerships

 

$

4,928

 

 

$

1,719

 

Unfunded commitments to fund investments for low income housing partnerships

 

 

2,362

 

 

 

70