Fair Value Measurement (Tables)

9 Months Ended

Sep. 30, 2017

Fair Value Disclosures [Abstract]

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

Assets measured at fair value on a recurring basis at September 30, 2017 and December 31, 2016, segregated by fair value hierarchy level, are summarized below:

	Fair Value Measurements
	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
September 30, 2017:	(Dollars in thousands)
Investment securities available-for-sale (market approach)
Debt securities:
U.S. Government-sponsored enterprises	$	9,410	$	—	$	9,410	$	—
Agency mortgage-backed	18,741		—		18,741		—
State and political subdivisions	25,314		—		25,314		—
Corporate	10,005		—		10,005		—
Total debt securities	63,470		—		63,470		—
Mutual funds	500		500		—		—
Total	$	63,970	$	500	$	63,470	$	—
December 31, 2016:
Investment securities available-for-sale (market approach)
Debt securities:
U.S. Government-sponsored enterprises	$	10,040	$	—	$	10,040	$	—
Agency mortgage-backed	18,041		—		18,041		—
State and political subdivisions	27,372		—		27,372		—
Corporate	9,700		—		9,700		—
Total debt securities	65,153		—		65,153		—
Mutual funds	403		403		—		—
Total	$	65,556	$	403	$	65,153	$	—

Fair Values and Carrying Amounts, Significant Financial Instruments [Table Text Block]

As of the balance sheet dates, the estimated fair values and related carrying amounts of the Company's significant financial instruments were as follows:

	September 30, 2017
	Fair Value Measurements
	Carrying Amount		Estimated Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
	(Dollars in thousands)
Financial assets
Cash and cash equivalents	$	12,397	$	12,397	$	12,397	$	—	$	—
Interest bearing deposits in banks	8,356		8,365		—		8,365		—
Investment securities	64,970		64,969		500		64,469		—
Loans held for sale	5,675		5,777		—		5,777		—
Loans, net
Residential real estate	175,248		177,201		—		—		177,201
Construction real estate	36,436		36,208		—		—		36,208
Commercial real estate	254,503		252,903		—		—		252,903
Commercial	47,869		47,021		—		—		47,021
Consumer	3,811		3,875		—		—		3,875
Municipal	56,525		56,715		—		—		56,715
Accrued interest receivable	2,196		2,196		—		426		1,770
Nonmarketable equity securities	2,331		N/A		N/A		N/A		N/A
Financial liabilities
Deposits
Noninterest bearing	$	119,203	$	119,203	$	119,203	$	—	$	—
Interest bearing	387,707		387,707		387,707		—		—
Time	99,714		98,925		—		98,925		—
Borrowed funds
Short-term	2,232		2,231		2,231		—		—
Long-term	30,288		29,300		—		29,300		—
Accrued interest payable	84		84		—		84		—

	December 31, 2016
	Fair Value Measurements
	Carrying Amount		Estimated Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
	(Dollars in thousands)
Financial assets
Cash and cash equivalents	$	39,275	$	39,275	$	39,275	$	—	$	—
Interest bearing deposits in banks	9,504		9,528		—		9,528		—
Investment securities	66,555		66,555		403		66,152		—
Loans held for sale	7,803		7,958		—		7,958		—
Loans, net
Residential real estate	171,538		173,024		—		—		173,024
Construction real estate	33,840		33,963		—		—		33,963
Commercial real estate	246,317		245,979		—		—		245,979
Commercial	41,708		41,491		—		—		41,491
Consumer	3,941		4,014		—		—		4,014
Municipal	31,348		31,749		—		—		31,749
Accrued interest receivable	2,259		2,259		—		414		1,845
Nonmarketable equity securities	2,354		N/A		N/A		N/A		N/A
Financial liabilities
Deposits
Noninterest bearing	$	112,384	$	112,384	$	112,384	$	—	$	—
Interest bearing	382,083		382,083		382,083		—		—
Time	103,193		102,594		—		102,594		—
Borrowed funds
Short-term	1,099		1,099		1,099		—		—
Long-term	30,496		30,423		—		30,423		—
Accrued interest payable	92		92		—		92		—