Fair Value Measurement (Tables)

9 Months Ended

Sep. 30, 2019

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, 2019 and December 31, 2018, 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, 2019:	(Dollars in thousands)
Debt securities AFS:
U.S. Government-sponsored enterprises	$	6,612	$	—	$	6,612	$	—
Agency mortgage-backed	47,034		—		47,034		—
State and political subdivisions	23,527		—		23,527		—
Corporate	8,101		—		8,101		—
Total debt securities	$	85,274	$	—	$	85,274	$	—
Other investments:
Mutual funds	$	612	$	612	$	—	$	—
December 31, 2018:
Debt securities AFS:
U.S. Government-sponsored enterprises	$	6,321	$	—	$	6,321	$	—
Agency mortgage-backed	36,252		—		36,252		—
State and political subdivisions	23,171		—		23,171		—
Corporate	7,661		—		7,661		—
Total debt securities	$	73,405	$	—	$	73,405	$	—
Other investments:
Mutual funds	$	556	$	556	$	—	$	—

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, 2019
	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	$	29,900	$	29,900	$	29,900	$	—	$	—
Interest bearing deposits in banks	7,062		7,150		—		7,150		—
Investment securities	85,886		85,886		612		85,274		—
Loans held for sale	13,561		13,833		—		13,833		—
Loans, net
Residential real estate	191,497		192,027		—		—		192,027
Construction real estate	62,651		62,296		—		—		62,296
Commercial real estate	281,417		283,431		—		—		283,431
Commercial	44,277		42,959		—		—		42,959
Consumer	3,546		3,496		—		—		3,496
Municipal	69,708		69,682		—		—		69,682
Accrued interest receivable	2,702		2,702		—		446		2,256
Nonmarketable equity securities	2,607		N/A		N/A		N/A		N/A
Financial liabilities
Deposits
Noninterest bearing	$	137,239	$	137,239	$	137,239	$	—	$	—
Interest bearing	419,646		419,646		419,646		—		—
Time	159,844		159,709		—		159,709		—
Borrowed funds
Long-term	47,164		46,918		—		46,918		—
Accrued interest payable	543		543		—		543		—

	December 31, 2018
	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	$	37,289	$	37,289	$	37,289	$	—	$	—
Interest bearing deposits in banks	9,300		9,177		—		9,177		—
Investment securities	73,961		73,961		556		73,405		—
Loans held for sale	2,899		2,954		—		2,954		—
Loans, net
Residential real estate	186,225		183,836		—		—		183,836
Construction real estate	54,786		54,694		—		—		54,694
Commercial real estate	273,609		272,187		—		—		272,187
Commercial	46,943		45,713		—		—		45,713
Consumer	3,223		3,193		—		—		3,193
Municipal	72,874		72,689		—		—		72,689
Accrued interest receivable	2,812		2,812		—		423		2,389
Nonmarketable equity securities	2,376		N/A		N/A		N/A		N/A
Financial liabilities
Deposits
Noninterest bearing	$	132,971	$	132,971	$	132,971	$	—	$	—
Interest bearing	444,722		444,722		444,722		—		—
Time	129,077		127,554		—		127,554		—
Borrowed funds
Short-term	370		370		370		—		—
Long-term	27,451		27,374		—		27,374		—
Accrued interest payable	203		203		—		203		—