Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2019

Fair Value Measurements

Summary of fair value measurements on a recurring basis

							Fair
Dollars are in thousands	Level 1		Level 2		Level 3		Value
June 30, 2019
Securities available for sale:
Obligations of U.S. Government agencies	$	—	$	9,626	$	—	$	9,626
Obligations of States and political subdivisions		—		22,188		—		22,188
Mortgage-backed securities		—		17,674		—		17,674
Equity securities		—		1,429		—		1,429
Total securities available for sale	$	—	$	50,917	$	—	$	50,917
December 31, 2018
Securities available for sale:
Obligations of U.S. Government agencies	$	—	$	9,420	$	—	$	9,420
Obligations of States and political subdivisions		—		21,096		—		21,096
Mortgage-backed securities		—		19,404		—		19,404
Equity securities		—		1,380		—		1,380
Total securities available for sale	$	—	$	51,300	$	—	$	51,300

Summary of fair value measurements on a non-recurring basis

Dollars are in thousands							Fair
June 30, 2019	Level 1		Level 2		Level 3		Value
Impaired loans	$	—	$	—	$	20,761	$	20,761
OREO		—		3,682		—		3,682
Total	$	—	$	3,682	$	20,761	$	24,443
December 31, 2018
Impaired loans	$	—	$	—	$	26,640	$	26,640
OREO		—		3,660		—		3,660
Total	$	—	$	3,660	$	26,640	$	30,300