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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2017
Commitments And Contingencies Disclosure [Abstract]  
Summary of Remaining Future Minimum Lease Payments

The following is a summary of remaining future minimum lease payments under current non-cancelable operating leases for office facilities:

 

 

(Amounts in thousands)

 

Years ending:

 

 

 

December 31, 2018

$

175

 

December 31, 2019

 

124

 

December 31, 2020

 

116

 

December 31, 2021

 

62

 

December 31, 2022

 

 

Total

$

477

 

 

Summary of Contractual Commitments

The following is a summary of such contractual commitments:

 

 

(Amounts in thousands)

 

 

December 31,

 

 

2017

 

 

2016

 

Commitments to extend credit:

 

 

 

 

 

 

 

Fixed rate

$

32,749

 

 

$

18,709

 

Variable rate

 

60,508

 

 

 

57,176

 

Standby letters of credit

 

3,600

 

 

 

412

 

 

Summary of Overdraft Protection

The following table is a summary of overdraft protection for the periods indicated:

 

 

(Amounts in thousands)

 

 

December 31,

 

 

2017

 

 

2016

 

Overdraft protection available on depositors' accounts

$

9,637

 

 

$

9,655

 

Balance of overdrafts included in loans

 

103

 

 

 

80

 

Average daily balance of overdrafts

 

115

 

 

 

105

 

Average daily balance of overdrafts as a percentage of available

 

1.19

%

 

 

1.09

%

 

Summary of Information Regarding Derivatives

Summary information regarding these derivatives is presented below:

 

 

 

 

 

 

(Amounts in thousands)

 

 

Notional Amount

 

 

 

 

 

 

Fair Value

 

 

December 31,

 

 

 

 

 

 

December 31,

 

 

2017

 

 

2016

 

 

Interest Rate Paid

 

Interest Rate Received

 

2017

 

 

2016

 

Customer interest rate

   swap

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Maturing in 2020

$

2,504

 

 

$

2,594

 

 

1 Mo. Libor + Margin

 

Fixed

 

$

(16

)

 

$

15

 

Maturing in 2025

 

5,288

 

 

 

5,630

 

 

1 Mo. Libor + Margin

 

Fixed

 

 

36

 

 

 

101

 

Maturing in 2026

 

2,064

 

 

 

2,178

 

 

1 Mo. Libor + Margin

 

Fixed

 

 

(44

)

 

 

(29

)

Maturing in 2027

 

14,197

 

 

 

6,150

 

 

1 Mo. Libor + Margin

 

Fixed

 

 

209

 

 

 

210

 

Total

$

24,053

 

 

$

16,552

 

 

 

 

 

 

$

185

 

 

$

297

 

Third party interest rate

   swap

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Maturing in 2020

$

2,504

 

 

$

2,594

 

 

Fixed

 

1 Mo. Libor + Margin

 

$

16

 

 

$

(15

)

Maturing in 2025

 

5,288

 

 

 

5,630

 

 

Fixed

 

1 Mo. Libor + Margin

 

 

(36

)

 

 

(101

)

Maturing in 2026

 

2,064

 

 

 

2,178

 

 

Fixed

 

1 Mo. Libor + Margin

 

 

44

 

 

 

29

 

Maturing in 2027

 

14,197

 

 

 

6,150

 

 

Fixed

 

1 Mo. Libor + Margin

 

 

(209

)

 

 

(210

)

Total

$

24,053

 

 

$

16,552

 

 

 

 

 

 

$

(185

)

 

$

(297

)

 

Schedule of Fair Values of Derivative Instruments

The following table presents the fair values of derivative instruments in the balance sheet.

 

 

(Amounts in thousands)

 

 

Assets

 

 

Liabilities

 

 

Balance Sheet Location

 

Fair Value

 

 

Balance Sheet Location

 

Fair Value

 

December 31, 2017

 

 

 

 

 

 

 

 

 

 

 

Interest rate derivatives

Other assets

 

$

185

 

 

Other liabilities

 

$

185

 

December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

Interest rate derivatives

Other assets

 

$

297

 

 

Other liabilities

 

$

297