Investment Securities (Tables)

6 Months Ended

Jun. 30, 2018

Investment Securities [Abstract]

Amortized Cost and Estimated Fair Values of Investment Securities

	June 30, 2018
	Amortized		Unrealized		Unrealized
(Dollars in thousands)	Cost		Gains		Losses		Fair Value
Held To Maturity
US Government agency obligations	$	8,615	$	56	$	-	$	8,671
Government Sponsored Entities (GSE) mortgage-backed securities		443		-		(1)		442
Corporate bonds		13,913		136		(72)		13,977
Collateralized mortgage obligations GSE		1,291		-		(51)		1,240
State and municipal taxable		362		-		(12)		350
State and municipal tax-exempt		37,521		10		(1,396)		36,135
Total	$	62,145	$	202	$	(1,532)	$	60,815
Available For Sale
US Government agency obligations	$	50,070	$	-	$	(621)	$	49,449
GSE mortgage-backed securities		30,328		-		(1,348)		28,980
Collateralized mortgage obligations GSE		11,130		-		(608)		10,522
Corporate bonds		12,936		-		(275)		12,661
State and municipal tax-exempt		1,986		-		(169)		1,817
Total	$	106,450	$	-	$	(3,021)	$	103,429

	December 31, 2017
	Amortized		Unrealized		Unrealized
(Dollars in thousands)	Cost		Gains		Losses		Fair Value
Held To Maturity
US Government agency obligations	$	8,483	$	163	$	-	$	8,646
Government Sponsored Entities (GSE) mortgage-backed securities		496		9		-		505
Corporate bonds		14,047		243		(2)		14,288
Collateralized mortgage obligations GSE		1,471		-		(29)		1,442
State and municipal taxable		363		-		(8)		355
State and municipal tax-exempt		37,530		59		(405)		37,184
Total	$	62,390	$	474	$	(444)	$	62,420
Available For Sale
US Government agency obligations	$	53,279	$	-	$	(386)	$	52,893
GSE mortgage-backed securities		33,203		-		(715)		32,488
Collateralized mortgage obligations GSE		12,101		-		(447)		11,654
Corporate bonds		12,981		12		(173)		12,820
State and municipal tax-exempt		1,991		-		(63)		1,928
Total	$	113,555	$	12	$	(1,784)	$	111,783

Aggregate Unrealized Losses and Aggregate Fair Value of Underlying Securities

	June 30, 2018
					Fair Value		Unrealized		Fair Value		Unrealized
			Total		Impaired		Loss		Impaired		Loss
	Total		Unrealized		Less Than		Less Than		More Than		More Than
(Dollars in thousands)	Fair Value		Loss		12 Months		12 Months		12 Months		12 Months
Held To Maturity
GSE mortgage-backed securities	$	442	$	(1)	$	442	$	(1)	$	-	$	-
Corporate bonds		4,192		(72)		4,192		(72)		-		-
Collateralized mortgage obligations GSE		1,241		(51)		531		(16)		710		(35)
State and municipal taxable		350		(12)		350		(12)		-		-
State and municipal tax-exempt		26,416		(1,396)		13,130		(339)		13,286		(1,057)
Total	$	32,641	$	(1,532)	$	18,645	$	(440)	$	13,996	$	(1,092)
Available For Sale
US Government agency obligations	$	49,449	$	(621)	$	15,625	$	(297)	$	33,824	$	(324)
GSE mortgage-backed securities		28,980		(1,348)		3,798		(131)		25,182		(1,217)
Collateralized mortgage obligations GSE		10,522		(608)		201		(7)		10,321		(601)
Corporate bonds		12,661		(275)		6,520		(128)		6,141		(147)
State and municipal tax-exempt		1,817		(169)		284		(1)		1,533		(168)
Total	$	103,429	$	(3,021)	$	26,428	$	(564)	$	77,001	$	(2,457)

	December 31, 2017
					Fair Value		Unrealized		Fair Value		Unrealized
			Total		Impaired		Loss		Impaired		Loss
	Total		Unrealized		Less Than		Less Than		More Than		More Than
(Dollars in thousands)	Fair Value		Loss		12 Months		12 Months		12 Months		12 Months
Held To Maturity
Corporate bonds	$	498	$	(2)	$	498	$	(2)	$	-	$	-
Collateralized mortgage obligations GSE		1,442		(29)		620		(5)		822		(24)
State and municipal taxable		355		(8)		355		(8)		-		-
State and municipal tax-exempt		20,240		(405)		6,775		(67)		13,465		(338)
Total	$	22,535	$	(444)	$	8,248	$	(82)	$	14,287	$	(362)
Available For Sale
US Government agency obligations	$	52,893	$	(386)	$	30,894	$	(185)	$	21,999	$	(201)
GSE mortgage-backed securities		32,488		(715)		9,055		(133)		23,433		(582)
Collateralized mortgage obligations GSE		11,654		(447)		2,132		(56)		9,522		(391)
Corporate bonds		10,759		(173)		4,572		(43)		6,187		(130)
State and municipal tax-exempt		1,928		(63)		288		(2)		1,640		(61)
Total	$	109,722	$	(1,784)	$	46,941	$	(419)	$	62,781	$	(1,365)

Investments Classified by Contractual Maturity Date

	Held to Maturity				Available for Sale
(Dollars in thousands)	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Due in one year or less	$	1,000	$	1,000	$	34,760	$	34,531
Due after one year through five years		21,516		21,604		22,809		22,419
Due after five years through ten years		28,528		27,867		23,062		22,069
Due after ten years		11,101		10,344		25,819		24,410
Total investment securities	$	62,145	$	60,815	$	106,450	$	103,429

Gains and Losses Resulting from Investment Sales, Redemptions or Calls

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(Dollars in thousands)	2018		2017		2018		2017
Gross realized gains-AFS	$	-	$	10	$	-	$	10
Gross realized gains-HTM		-		16		-		16
Gross realized losses-AFS		-		(1)		-		(1)
Net realized gain	$	-	$	25	$	-	$	25