Fair Value Measurements And Fair Values Of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2018

Fair Value Measurements And Fair Values Of Financial Instruments [Abstract]

Fair Value, By Balance Sheet Grouping

	September 30, 2018
	Carrying		Fair
(Dollars in thousands)	Amount		Value		Level 1		Level 2		Level 3
Financial assets, carried at cost:
Cash and cash equivalents	$	44,777	$	44,777	$	44,777	$	—	$	—
Restricted stock		452		452		—		452		—
Loans held for sale		1,072		1,072				1,072
Net loans		958,457		933,824		—		—		933,824
Accrued interest receivable		3,733		3,733		—		3,733		—
Financial assets, available for sale
Debt securities		125,403		125,403		—		125,403		—
Financial assets, fair value
Equity securities		383		383		383		—		—
Financial liabilities:
Deposits	$	1,071,857	$	1,071,744	$	—	$	1,071,744	$	—
Accrued interest payable		202		202		—		202		—
Off balance sheet financial instruments		—		—		—		—		—
	December 31, 2017
	Carrying		Fair
(Dollars in thousands)	Amount		Value		Level 1		Level 2		Level 3
Financial assets:
Cash and cash equivalents	$	58,603	$	58,603	$	58,603	$	—	$	—
Investment securities available for sale		127,336		127,336		365		126,971		—
Restricted stock		456		456		—		45		—
Loans held for sale		442		442		—		442		—
Net loans		931,908		929,891		—		—		929,891
Accrued interest receivable		3,847		3,847		—		3,847		—
Financial liabilities:
Deposits	$	1,047,181	$	1,046,476	$	—	$	1,046,476	$	—
Accrued interest payable		149		149		—		149		—

Schedule Of Fair Value, Assets And Liabilities Measured On Recurring Basis

(Dollars in Thousands	Fair Value at September 30, 2018
Asset  Description	Level 1		Level 2		Level 3		Total
Equity securities, at fair value	$	383	$	—	$	—	$	383
Available for sale:
U.S. Government and Agency securities		—		9,276		—		9,276
Municipal securities		—		62,403		—		62,403
Trust Preferred Securities		—		3,947		—		3,947
Agency mortgage-backed securities		—		45,370		—		45,370
Private-label mortgage-backed securities		—		517		—		517
Asset-backed securities		—		3,890		—		3,890
Total assets	$	383	$	125,403	$	—	$	125,786

(Dollars in Thousands)	Fair Value at December 31, 2017
Asset  Description	Level 1		Level 2		Level 3		Total
Equity securities	$	365	$	—	$	—	$	365
U.S. Government and Agency securities		—		11,472		—		11,472
Municipal securities		—		57,772		—		57,772
Trust Preferred Securities		—		5,817		—		5,817
Agency mortgage-backed securities		—		50,937		—		50,937
Private-label mortgage-backed securities		—		946		—		946
Asset-backed securities		—		27		—		27
Total assets	$	365	$	126,971	$	—	$	127,336

Schedule Of Fair Value On A Nonrecurring Basis

(Dollars in Thousands)
	Fair Value at September 30, 2018
Asset  Description	Level 1		Level 2		Level 3		Total
Impaired Loans (1)	$	—	$	—	$	2,925	$	2,925
Total assets	$	—	$	—	$	2,925	$	2,925

(Dollars in Thousands)	Fair Value at December 31, 2017
Asset  Description	Level 1		Level 2		Level 3		Total
Other real estate owned (1)	$	—	$	—	$	90	$	90
Total assets	$	—	$	—	$	90	$	90

(1) Includes assets directly charged-down to fair value during the year-to-date period.

Fair Value Inputs, Assets, Quantitative Information

(Dollars in Thousands)		Quantitative Information about Level 3 Fair Value Measurements
					Range
September 30, 2018		Fair Value	Valuation Technique	Unobservable Input	(Weighted Average)
Impaired loans (1)	$	2,925	Appraisal	Appraisal Adjustments (2)	0%-50%  (45%)
				Cost to sell
December 31, 2017		Fair Value	Valuation Technique	Unobservable Input	Weighted Average
Other real estate owned (1)	$	90	Appraisal	Cost to sell	8%
(1) Includes assets directly charged-down to fair value during the year-to-date period.
(2) Qualitative adjustments are discounts specific to each asset and are made as needed.