Investment Securities (Tables)

9 Months Ended

Sep. 30, 2019

Investment Securities [Abstract]

Amortized Cost and Estimated Fair Values of Investment Securities

	September 30, 2019
	Amortized		Unrealized		Unrealized
(Dollars in thousands)	Cost		Gains		Losses		Fair Value
Held To Maturity
US Government agency obligations	$	8,955	$	15	$	-	$	8,970
Government Sponsored Entities (GSE) mortgage-backed securities		314		7		-		321
Corporate bonds		12,190		207		-		12,397
Collateralized mortgage obligations GSE		979		5		(1)		983
State and municipal taxable		362		5		-		367
State and municipal tax-exempt		34,691		157		(2)		34,846
Total	$	57,491	$	396	$	(3)	$	57,884
Available For Sale
US Government agency obligations	$	24,192	$	8	$	(8)	$	24,192
GSE mortgage-backed securities		24,813		32		(187)		24,658
Collateralized mortgage obligations GSE		8,981		22		(144)		8,859
Corporate bonds		6,029		14		(3)		6,040
State and municipal tax-exempt		1,701		5		(1)		1,705
Total	$	65,716	$	81	$	(343)	$	65,454

	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

	September 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	$	164	$	(1)	$	-	$	-	$	164	$	(1)
State and municipal tax-exempt		603		(2)		-		-		603		(2)
Total	$	767	$	(3)	$	-	$	-	$	767	$	(3)
Available For Sale
US Government agency obligations	$	4,993	$	(8)	$	-	$	-	$	4,993	$	(8)
GSE mortgage-backed securities		20,444		(187)		2,244		(11)		18,200		(176)
Collateralized mortgage obligations GSE		7,040		(144)		409		(7)		6,631		(137)
Corporate bonds		1,001		(3)		-		-		1,001		(3)
State and municipal tax-exempt		783		(1)		783		(1)		-		-
Total	$	34,261	$	(343)	$	3,436	$	(19)	$	30,825	$	(324)

	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	$	11,804	$	11,821	$	15,996	$	15,990
Due after one year through five years		13,171		13,210		15,546		15,559
Due after five years through ten years		29,198		29,487		12,527		12,470
Due after ten years		3,318		3,366		21,647		21,435
Total investment securities	$	57,491	$	57,884	$	65,716	$	65,454

Gains and Losses Resulting from Investment Sales, Redemptions or Calls

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(Dollars in thousands)	2019		2018		2019		2018
Gross realized gains-AFS	$	56	$	-	$	66	$	-
Gross realized gains-HTM		65		-		68		-
Gross realized losses-AFS		-		-		(9)		-
Net realized gain	$	121	$	-	$	125	$	-