	March 31, 2019
			Gross		Gross
	Amortized		unrealized		unrealized			Fair
	cost		gains		losses			value
	(Dollars in thousands)
Available for Sale
U.S. Treasury and agency securities	$	97,609	$	43	$	(559	)	$	97,093
States and municipalities		31,060		263		(13	)		31,310
Corporate debt securities		2,000		26		—			2,026
Collateralized mortgage obligations (CMO)		33,101		468		—			33,569
Mortgage-backed securities (MBS)		74,644		26		(1,247	)		73,423
Total	$	238,414	$	826	$	(1,819	)	$	237,421

	December 31, 2018
			Gross		Gross
	Amortized		unrealized		unrealized			Fair
	cost		gains		losses			value
	(Dollars in thousands)
Available for Sale
U.S. Treasury and agency securities	$	97,785	$	—	$	(2,204	)	$	95,581
States and municipalities		48,167		107		(528	)		47,746
Corporate debt securities		2,000		4		—			2,004
Collateralized mortgage obligations (CMO)		21,979		143		(14	)		22,108
Mortgage-backed securities (MBS)		76,495		23		(2,314	)		74,204
Total	$	246,426	$	277	$	(5,060	)	$	241,643

	March 31, 2019
			Gross		Gross
	Amortized		unrecognized		unrecognized			Fair
	cost		gains		losses			value
	(Dollars in thousands)
Held to maturity
Mortgage-backed securities (MBS)	$	62,717	$	—	$	(1,112	)	$	61,605
States and municipalities		13,043		105		(5	)		13,143
Total	$	75,760	$	105	$	(1,117	)	$	74,748

	December 31, 2018
			Gross		Gross
	Amortized		unrecognized		unrecognized			Fair
	cost		gains		losses			value
	(Dollars in thousands)
Held to maturity
Mortgage-backed securities (MBS)	$	64,442	$	—	$	(2,327	)	$	62,115
States and municipalities		13,049		20		(109	)		12,960
Total	$	77,491	$	20	$	(2,436	)	$	75,075

Debt securities available for sale by contractual maturity, repricing or expected call date are shown below:

	March 31, 2019
	Amortized cost		Fair value
	(Dollars in thousands)
Due in one year or less	$	—	$	—
Due after one year through five years		45,735		45,413
Due after five years through ten years		54,426		54,278
Due after ten years		30,508		30,738
MBS and CMO		107,745		106,992
Total	$	238,414	$	237,421

Debt securities held to maturity by contractual maturity, repricing or expected call date are shown below:

	March 31, 2019
	Amortized cost		Fair value
	(Dollars in thousands)
Due in one year or less	$	3,000	$	3,006
Due after one year through five years		635		640
Due after five years through ten years		9,408		9,497
Due after ten years		—		—
MBS		62,717		61,605
Total	$	75,760	$	74,748

Securities pledged for public funds were approximately $159.7 million at March 31, 2019 and approximately $108.7 million at December 31, 2018.

Securities available for sale that have been in an unrealized loss position for less than twelve months or twelve months or more at March 31, 2019 are as follows:

	March 31, 2019
	Less than 12 months				12 months or more					Total
	Fair		Unrealized loss		Fair		Unrealized			Fair		Unrealized
	value		Loss		value		Loss			value		Loss
	(Dollars in thousands)
Description of securities:
U.S. Treasury and agency securities	$	—	$	—	$	84,344	$	(559	)	$	84,344	$	(559	)
States and municipalities		—		—		4,842		(13	)		4,842		(13	)
Mortgage-backed securities (MBS)		—		—		72,763		(1,247	)		72,763		(1,247	)
Total temporarily impaired securities	$	—	$	—	$	161,949	$	(1,819	)	$	161,949	$	(1,819	)

Securities available for sale that have been in an unrealized loss position for less than twelve months or twelve months or more at December 31, 2018 are as follows:

	December 31, 2018
	Less than 12 months					12 months or more					Total
	Fair		Unrealized loss			Fair		Unrealized			Fair		Unrealized
	value		Loss			value		Loss			value		Loss
	(Dollars in thousands)
Description of securities:
U.S. Treasury and agency securities	$	—	$	—		$	95,581	$	(2,204	)	$	95,581	$	(2,204	)
States and municipalities		9,475		(39	)		24,850		(489	)		34,325		(528	)
Collateralized mortgage obligations (CMO)		5,475		(14	)		—		—			5,475		(14	)
Mortgage-backed securities (MBS)		—		—			73,542		(2,314	)		73,542		(2,314	)
Total temporarily impaired securities	$	14,950	$	(53	)	$	193,973	$	(5,007	)	$	208,923	$	(5,060	)

Securities held to maturity that have been in an unrecognized loss position for less than twelve months or twelve months or more are as follows:

	March 31, 2019
	Less than 12 months					12 months or more					Total
	Fair		Unrealized loss			Fair		Unrealized			Fair		Unrealized
	value		Loss			value		Loss			value		Loss
	(Dollars in thousands)
Description of securities:
Mortgage-backed securities (MBS)	$	—	$	—		$	61,605	$	(1,958	)	$	61,605	$	(1,958	)
States and municipalities		—		—			1,122		(5	)		1,122		(5	)
Total temporarily impaired securities	$	—	$	—		$	62,727	$	(1,963	)	$	62,727	$	(1,963	)

	December 31, 2018
	Less than 12 months					12 months or more					Total
	Fair		Unrealized loss			Fair		Unrealized			Fair		Unrealized
	value		Loss			value		Loss			value		Loss
	(Dollars in thousands)
Description of securities:
Mortgage-backed securities (MBS)	$	—	$	—		$	62,115	$	(3,203	)	$	62,115	$	(3,203	)
States and municipalities		4,253		(48	)		3,525		(69	)		7,778		(117	)
Total temporarily impaired securities	$	4,253	$	(48	)	$	65,640	$	(3,272	)	$	69,893	$	(3,320	)

During the third quarter of 2015, Home Savings transferred securities with a total amortized cost of $105.3 million with a corresponding fair value of $103.8 million from available for sale to held to maturity. The net unrealizable loss, net of taxes, on these securities at the date of transfer was $999,000. The fair value at the date of transfer becomes the securities’ new cost basis. The unrealized holding loss at the time of transfer continues to be reported in accumulated other comprehensive income, net of tax, and is amortized over the remaining lives of the securities as an adjustment of the yield. The amortization of the unamortized holding loss reported in accumulated other comprehensive income will directly offset the effect on interest income from the accretion of the reduced amortized cost for the transferred securities. Because of this transfer, the total losses less than 12 months and greater than 12 months reported in the table above will not agree to the unrealized losses reported in the inventory of held to maturity securities. The inventory table reports unrealized gains and losses based upon the transferred securities adjusted cost basis and current fair value. The reporting of losses less than 12 months and greater than 12 months represents that actual period of time that these securities have been in an unrealized loss position and the securities amortized cost basis as if the transfer did not occur.

All of the securities in available for sale and held to maturity that were temporarily impaired at March 31, 2019 and December 31, 2018, were impaired due to the level of interest rates at the time of purchase compared to current interest rates. Unrealized losses on these securities have not been recognized into income for the three months ended March 31, 2019 or 2018 because the issuer’s securities are of high credit quality (rated AA or higher), it is likely that management will not be required to sell the securities prior to their anticipated recovery, and the decline in fair value is largely due to changes in interest rates and other market conditions. There is risk that longer term rates could rise further resulting in greater unrealized losses. The Company expects to realize all interest and principal on these securities and has no intent to sell and more than likely will not be required to sell these securities before their anticipated recovery.

Proceeds from the sale of available for sale securities were $17.1 million and $4.7 million, for the three months ended March 31, 2019 and 2018, respectively. Gross gains of $144,000 and $139,000 were realized on these sales during the three months ended March 31, 2019 and 2018, respectively. No losses were realized during the three months ended March 31, 2019 and 2018, respectively. Income tax expense related to net realized gains and losses was $30,000 and $29,000 for the three months ended March 31, 2019 and 2018, respectively.