Fair Value Measurements (Tables)

9 Months Ended

Sep. 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
September 30, 2019
Securities available for sale:
Obligations of U.S. Government agencies	$	—	$	8,363	$	—	$	8,363
Obligations of States and political subdivisions		—		25,332		—		25,332
Mortgage-backed securities		—		20,707		—		20,707
Equity securities		—		1,452		—		1,452
Total securities available for sale	$	—	$	55,854	$	—	$	55,854
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
September 30, 2019	Level 1		Level 2		Level 3		Value
Impaired loans	$	—	$	—	$	21,218	$	21,218
OREO		—		3,641		—		3,641
Total	$	—	$	3,641	$	21,218	$	24,859
December 31, 2018
Impaired loans	$	—	$	—	$	26,640	$	26,640
OREO		—		3,660		—		3,660
Total	$	—	$	3,660	$	26,640	$	30,300