Investment Securities (Tables)

9 Months Ended

Sep. 30, 2018

Investment Securities [Abstract]

Amortized Cost and Estimated Fair Values of Investment Securities

	September 30, 2018
	Amortized		Unrealized		Unrealized
(Dollars in thousands)	Cost		Gains		Losses		Fair Value
Held To Maturity
US Government agency obligations	$	8,682	$	34	$	-	$	8,716
Government Sponsored Entities (GSE) mortgage-backed securities		413		-		(4)		409
Corporate bonds		13,882		84		(95)		13,871
Collateralized mortgage obligations GSE		1,211		-		(55)		1,156
State and municipal taxable		362		-		(10)		352
State and municipal tax-exempt		37,519		2		(1,722)		35,799
Total	$	62,069	$	120	$	(1,886)	$	60,303
Available For Sale
US Government agency obligations	$	50,077	$	-	$	(622)	$	49,455
GSE mortgage-backed securities		28,762		-		(1,431)		27,331
Collateralized mortgage obligations GSE		10,610		-		(669)		9,941
Corporate bonds		10,913		-		(275)		10,638
State and municipal tax-exempt		1,983		-		(187)		1,796
Total	$	102,345	$	-	$	(3,184)	$	99,161

	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

	September 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	$	409	$	(4)	$	409	$	(4)	$	-	$	-
Corporate bonds		5,137		(95)		5,137		(95)		-		-
Collateralized mortgage obligations GSE		1,156		(55)		-		-		1,156		(55)
State and municipal taxable		352		(10)		-		-		352		(10)
State and municipal tax-exempt		33,969		(1,722)		17,644		(327)		16,325		(1,395)
Total	$	41,023	$	(1,886)	$	23,190	$	(426)	$	17,833	$	(1,460)
Available For Sale
US Government agency obligations	$	49,455	$	(622)	$	8,839	$	(138)	$	40,616	$	(484)
GSE mortgage-backed securities		27,331		(1,431)		2,500		(91)		24,831		(1,340)
Collateralized mortgage obligations GSE		9,941		(669)		-		-		9,941		(669)
Corporate bonds		10,638		(275)		4,529		(68)		6,109		(207)
State and municipal tax-exempt		1,796		(187)		-		-		1,796		(187)
Total	$	99,161	$	(3,184)	$	15,868	$	(297)	$	83,293	$	(2,887)

	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	$	999	$	32,757	$	32,609
Due after one year through five years		22,277		22,264		24,443		23,925
Due after five years through ten years		29,384		28,449		20,482		19,498
Due after ten years		9,408		8,591		24,663		23,129
Total investment securities	$	62,069	$	60,303	$	102,345	$	99,161

Gains and Losses Resulting from Investment Sales, Redemptions or Calls

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