Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2018

Investments, All Other Investments [Abstract]

Schedule of carrying value and fair value of financial assets and liabilities

Financial instruments as of the dates indicated were as follows:

(Dollars in thousands)	Carrying Amount		Estimated Fair Value		Quoted Prices In Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
December 31, 2018
Assets
Cash and due from banks	$	19,690	$	19,690	$	19,690	$	—	$	—
Equity securities at fair value		2,847		2,847		1,961		—		886
Securities available for sale		166,602		166,602		—		158,104		8,498
Federal Home Loan Bank and Federal Reserve Bank stock		3,567		3,567		—		3,567		—
Loans held for sale		831		856		—		856		—
Loans to other financial institutions		20,644		20,644		—		20,644		—
Loans, net		404,400		399,091		—		—		399,091
Accrued interest receivable		2,267		2,267		—		2,267		—
Liabilities
Noninterest-bearing deposits		153,542		153,542		—		153,542		—
Interest-bearing deposits		423,473		422,381		—		422,381		—
Federal funds purchased		4,800		4,800		—		4,800		—
Federal Home Loan Bank advances		5,233		5,241		—		5,241		—
Accrued interest payable		210		210		—		210		—
December 31, 2017
Assets
Cash and due from banks	$	36,837	$	36,837	$	36,837	$	—	$	—
Securities available for sale		155,591		155,591		1,892		140,301		13,398
Federal Home Loan Bank and Federal Reserve Bank stock		3,567		3,567		—		3,567		—
Loans held for sale		1,721		1,773		—		1,773		—
Loans to other financial institutions		6,802		6,802		—		6,802		—
Loans, net		394,208		394,819		—		—		394,819
Accrued interest receivable		2,146		2,146		—		2,146		—
Liabilities
Noninterest-bearing deposits		151,462		151,462		—		151,462		—
Interest-bearing deposits		388,391		387,343		—		387,343		—
Repurchase agreements		7,148		7,148		—		7,148		—
Federal Home Loan Bank advances		20,268		20,271		—		20,271		—
Accrued interest payable		49		49		—		49		—