Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 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
December 31, 2019
Securities available for sale:
Obligations of U.S. Government agencies	$	—	$	10,312	$	—	$	10,312
Obligations of States and political subdivisions		—		34,558		—		34,558
Mortgage-backed securities		—		56,421		—		56,421
Equity securities		—		4,965		—		4,965
Total securities available for sale	$	—	$	106,256	$	—	$	106,256
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
December 31, 2019	Level 1		Level 2		Level 3		Value
Impaired loans	$	—	$	—	$	19,493	$	19,493
OREO		—		2,417		—		2,417
Total	$	—	$	2,417	$	19,493	$	21,910
December 31, 2018
Impaired loans	$	—	$	—	$	26,640	$	26,640
OREO		—		3,660		—		3,660
Total	$	—	$	3,660	$	26,640	$	30,300