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Investment Securities (Tables)
3 Months Ended
Mar. 31, 2020
Investments, Debt and Equity Securities [Abstract]  
Available-for-sale Securities [Table Text Block]
AFS securities as of the balance sheet dates consisted of the following:
March 31, 2020
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
 
(Dollars in thousands)
Available-for-sale
 
 
 
 
Debt securities:
 
 
 
 
U.S. Government-sponsored enterprises
$
5,050

$
49

$
(42
)
$
5,057

Agency mortgage-backed
46,212

1,881

(14
)
48,079

State and political subdivisions
27,767

611

(39
)
28,339

Corporate
7,808

304

(140
)
7,972

Total
$
86,837

$
2,845

$
(235
)
$
89,447

December 31, 2019
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
 
(Dollars in thousands)
Available-for-sale
 
 
 
 
Debt securities:
 
 
 
 
U.S. Government-sponsored enterprises
$
6,349

$
19

$
(76
)
$
6,292

Agency mortgage-backed
45,503

602

(81
)
46,024

State and political subdivisions
26,489

515

(39
)
26,965

Corporate
7,804

378

(70
)
8,112

Total
$
86,145

$
1,514

$
(266
)
$
87,393


Investments Classified by Contractual Maturity Date [Table Text Block]
The amortized cost and estimated fair value of debt securities by contractual scheduled maturity as of March 31, 2020 were as follows:
 
Amortized
Cost
Fair
Value
Available-for-sale
(Dollars in thousands)
Due in one year or less
$
940

$
947

Due from one to five years
3,679

3,784

Due from five to ten years
14,136

14,406

Due after ten years
21,870

22,231

 
40,625

41,368

Agency mortgage-backed
46,212

48,079

Total debt securities available-for-sale
$
86,837

$
89,447

Schedule of Unrealized Loss on Investments [Table Text Block]
Information pertaining to all investment securities with gross unrealized losses as of the balance sheet dates, aggregated by investment category and length of time that individual securities have been in a continuous loss position, follows:
March 31, 2020
Less Than 12 Months
12 Months and over
Total
 
Number
of
Securities
Fair
Value
Gross
Unrealized
Losses
Number
of
Securities
Fair
Value
Gross
Unrealized
Losses
Number
of
Securities
Fair
Value
Gross
Unrealized
Losses
 
 
(Dollars in thousands)
Debt securities:
 
 
 
 
 
 
 
 
 
U.S. Government-
  sponsored enterprises
2

$
1,112

$
(3
)
7

$
1,614

$
(39
)
9

$
2,726

$
(42
)
Agency mortgage-backed



1

703

(14
)
1

703

(14
)
State and political
  subdivisions
10

4,923

(39
)



10

4,923

(39
)
Corporate
1

497

(3
)
3

1,363

(137
)
4

1,860

(140
)
Total
13

$
6,532

$
(45
)
11

$
3,680

$
(190
)
24

$
10,212

$
(235
)
December 31, 2019
Less Than 12 Months
12 Months and over
Total
 
Number
of
Securities
Fair
Value
Gross
Unrealized
Losses
Number
of
Securities
Fair
Value
Gross
Unrealized
Losses
Number
of
Securities
Fair
Value
Gross
Unrealized
Losses
 
 
(Dollars in thousands)
Debt securities:
 
 
 
 
 
 
 
 
 
U.S. Government-
  sponsored enterprises
4

$
2,376

$
(22
)
8

$
2,772

$
(54
)
12

$
5,148

$
(76
)
Agency mortgage-backed
8

6,193

(38
)
8

4,861

(43
)
16

11,054

(81
)
State and political
  subdivisions
9

3,813

(38
)
1

304

(1
)
10

4,117

(39
)
Corporate



3

1,430

(70
)
3

1,430

(70
)
Total
21

$
12,382

$
(98
)
20

$
9,367

$
(168
)
41

$
21,749

$
(266
)
Schedule of Realized Gain (Loss) [Table Text Block]
The following table presents the proceeds, gross realized gains and gross realized losses from the sales of AFS securities:
 
For The Three Months Ended March 31, 2020
For The Three Months Ended March 31, 2019
 
(Dollars in thousands)
Proceeds
$
3,076

$
6,510

 
 
 
Gross gains
32

38

Gross losses
(21
)
(34
)
Net gains on sales of investment securities AFS
$
11

$
4