Investment Securities (Tables)

3 Months Ended

Mar. 31, 2019

Investment Securities [Abstract]

Amortized Cost and Estimated Fair Values of Investment Securities

	March 31, 2019
	Amortized		Unrealized		Unrealized
(Dollars in thousands)	Cost		Gains		Losses		Fair Value
Held To Maturity
US Government agency obligations	$	8,817	$	33	$	-	$	8,850
Government Sponsored Entities (GSE) mortgage-backed securities		369		4		-		373
Corporate bonds		13,759		142		(12)		13,889
Collateralized mortgage obligations GSE		1,102		-		(21)		1,081
State and municipal taxable		362		-		(1)		361
State and municipal tax-exempt		36,591		52		(291)		36,352
Total	$	61,000	$	231	$	(325)	$	60,906
Available For Sale
US Government agency obligations	$	38,088	$	3	$	(139)	$	37,952
GSE mortgage-backed securities		27,591		3		(605)		26,989
Collateralized mortgage obligations GSE		9,909		-		(363)		9,546
Corporate bonds		10,868		-		(126)		10,742
State and municipal tax-exempt		1,978		-		(85)		1,893
Total	$	88,434	$	6	$	(1,318)	$	87,122

	December 31, 2018
	Amortized		Unrealized		Unrealized
(Dollars in thousands)	Cost		Gains		Losses		Fair Value
Held To Maturity
US Government agency obligations	$	8,749	$	41	$	-	$	8,790
Government Sponsored Entities (GSE) mortgage-backed securities		389		-		-		389
Corporate bonds		13,851		124		(47)		13,928
Collateralized mortgage obligations GSE		1,159		-		(27)		1,132
State and municipal taxable		362		-		(3)		359
State and municipal tax-exempt		37,516		19		(998)		36,537
Total	$	62,026	$	184	$	(1,075)	$	61,135
Available For Sale
US Government agency obligations	$	48,082	$	-	$	(359)	$	47,723
GSE mortgage-backed securities		27,563		-		(1,005)		26,558
Collateralized mortgage obligations GSE		10,249		-		(441)		9,808
Corporate bonds		10,890		-		(186)		10,704
State and municipal tax-exempt		1,981		-		(131)		1,850
Total	$	98,765	$	-	$	(2,122)	$	96,643

Aggregate Unrealized Losses and Aggregate Fair Value of Underlying Securities

	March 31, 2019
					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	$	4,164	$	(12)	$	-	$	-	$	4,164	$	(12)
Collateralized mortgage obligations GSE		1,081		(21)		-		-		1,081		(21)
State and municipal taxable		361		(1)		-		-		361		(1)
State and municipal tax-exempt		12,999		(291)		-		-		12,999		(291)
Total	$	18,605	$	(325)	$	-	$	-	$	18,605	$	(325)
Available For Sale
US Government agency obligations	$	27,749	$	(139)	$	-	$	-	$	27,749	$	(139)
GSE mortgage-backed securities		25,840		(605)		-		-		25,840		(605)
Collateralized mortgage obligations GSE		9,546		(363)		-		-		9,546		(363)
Corporate bonds		10,742		(126)		1,020		(20)		9,722		(106)
State and municipal tax-exempt		1,893		(85)		-		-		1,893		(85)
Total	$	75,770	$	(1,318)	$	1,020	$	(20)	$	74,750	$	(1,298)

	December 31, 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
Corporate bonds	$	4,157	$	(47)	$	1,887	$	(15)	$	2,270	$	(32)
Collateralized mortgage obligations GSE		1,132		(27)		-		-		1,132		(27)
State and municipal taxable		359		(3)		-		-		359		(3)
State and municipal tax-exempt		26,466		(998)		2,045		(31)		24,421		(967)
Total	$	32,114	$	(1,075)	$	3,932	$	(46)	$	28,182	$	(1,029)
Available For Sale
US Government agency obligations	$	37,723	$	(359)	$	-	$	-	$	37,723	$	(359)
GSE mortgage-backed securities		26,558		(1,005)		-		-		26,558		(1,005)
Collateralized mortgage obligations GSE		9,808		(441)		-		-		9,808		(441)
Corporate bonds		10,704		(186)		2,035		(7)		8,669		(179)
State and municipal tax-exempt		1,850		(131)		-		-		1,850		(131)
Total	$	86,643	$	(2,122)	$	2,035	$	(7)	$	84,608	$	(2,115)

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	$	11,668	$	11,701	$	15,555	$	15,508
Due after one year through five years		14,974		15,035		30,137		29,957
Due after five years through ten years		26,711		26,720		18,405		18,067
Due after ten years		7,647		7,450		24,337		23,590
Total investment securities	$	61,000	$	60,906	$	88,434	$	87,122

Gains and Losses Resulting from Investment Sales, Redemptions or Calls

	Three Months Ended
	March 31,
(Dollars in thousands)	2019		2018
Gross realized gains-HTM	$	3	$	-
Net realized gain	$	3	$	-