Investment Securities (Tables)

6 Months Ended

Jun. 30, 2019

Investment Securities [Abstract]

Amortized Cost and Estimated Fair Values of Investment Securities

	June 30, 2019
	Amortized		Unrealized		Unrealized
(Dollars in thousands)	Cost		Gains		Losses		Fair Value
Held To Maturity
US Government agency obligations	$	8,886	$	33	$	-	$	8,919
Government Sponsored Entities (GSE) mortgage-backed securities		341		7		-		348
Corporate bonds		13,728		245		-		13,973
Collateralized mortgage obligations GSE		1,044		2		(4)		1,042
State and municipal taxable		362		5		-		367
State and municipal tax-exempt		35,588		117		(32)		35,673
Total	$	59,949	$	409	$	(36)	$	60,322
Available For Sale
US Government agency obligations	$	24,189	$	15	$	(24)	$	24,180
GSE mortgage-backed securities		26,256		23		(306)		25,973
Collateralized mortgage obligations GSE		9,464		8		(177)		9,295
Corporate bonds		8,796		13		(7)		8,802
State and municipal tax-exempt		1,701		-		(20)		1,681
Total	$	70,406	$	59	$	(534)	$	69,931

	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

	June 30, 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
Collateralized mortgage obligations GSE	$	171	$	(4)	$	-	$	-	$	171	$	(4)
State and municipal tax-exempt		5,537		(32)		-		-		5,537		(32)
Total	$	5,708	$	(36)	$	-	$	-	$	5,708	$	(36)
Available For Sale
US Government agency obligations	$	13,965	$	(24)	$	-	$	-	$	13,965	$	(24)
GSE mortgage-backed securities		22,599		(306)		-		-		22,599		(306)
Collateralized mortgage obligations GSE		6,980		(177)		-		-		6,980		(177)
Corporate bonds		5,028		(7)		-		-		5,028		(7)
State and municipal tax-exempt		1,681		(20)		-		-		1,681		(20)
Total	$	50,253	$	(534)	$	-	$	-	$	50,253	$	(534)

	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	$	11,735	$	11,770	$	14,989	$	14,968
Due after one year through five years		14,149		14,245		18,448		18,455
Due after five years through ten years		27,454		27,697		14,329		14,214
Due after ten years		6,611		6,610		22,640		22,294
Total investment securities	$	59,949	$	60,322	$	70,406	$	69,931

Gains and Losses Resulting from Investment Sales, Redemptions or Calls

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(Dollars in thousands)	2019		2018		2019		2018
Gross realized gains-AFS	$	10	$	-	$	10	$	-
Gross realized gains-HTM		-		-		3		-
Gross realized losses-AFS		(9)		-		(9)		-
Net realized gain	$	1	$	-	$	4	$	-