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Investment Securities (Tables)
9 Months Ended
Sep. 30, 2022
Investment Securities  
Schedule of investment securities available for sale

September 30, 2022

Dollars in Thousands

Gross

Gross

Amortized

Unrealized

Unrealized

Fair

    

Cost

    

Gains

    

Losses

    

Value

Obligations of U.S. Government agencies and corporations

$

15,167

$

$

1,665

$

13,502

Obligations of States and political subdivisions

 

29,094

 

 

3,475

 

25,619

Mortgage-backed securities

 

104,383

 

 

14,444

 

89,939

Subordinated debt investments

2,467

62

2,405

$

151,111

$

$

19,646

$

131,465

December 31, 2021

Dollars in Thousands

Gross

Gross

Amortized

Unrealized

Unrealized

Fair

    

Cost

    

Gains

    

Losses

    

Value

Obligations of U.S. Government agencies and corporations

$

6,547

$

46

$

142

$

6,451

Obligations of States and political subdivisions

 

29,792

 

1,397

 

63

 

31,126

Mortgage-backed securities

 

83,213

 

279

 

1,089

 

82,403

Subordinated debt investments

1,990

51

2,041

$

121,542

$

1,773

$

1,294

$

122,021

Schedule of gross unrealized losses and fair values, aggregated by investment security category and length of time that individual securities have been in a continuous unrealized loss position

September 30, 2022

Dollars in Thousands

Less than 12 months

12 months or more

Total

Fair

Unrealized

Fair

Unrealized

Fair

Unrealized

    

Value

    

Loss

    

Value

    

Loss

    

Value

    

Loss

Obligations of U.S. Government agencies and corporations

$

11,175

$

988

$

2,327

$

677

$

13,502

$

1,665

Obligations of States and political subdivisions

 

24,728

 

3,085

 

891

 

390

 

25,619

 

3,475

Mortgage-backed securities

 

46,727

 

5,025

 

43,209

 

9,419

 

89,936

 

14,444

Subordinated debt investments

2,155

62

2,155

62

Total investment securities with unrealized losses

$

84,785

$

9,160

$

46,427

$

10,486

$

131,212

$

19,646

December 31, 2021

Dollars in Thousands

Less than 12 months

12 months or more

Total

Fair

Unrealized

Fair

Unrealized

Fair

Unrealized

    

Value

    

Loss

    

Value

    

Loss

    

Value

    

Loss

Obligations of U.S. Government agencies and corporations

$

1,289

$

35

$

2,397

$

107

$

3,686

$

142

Obligations of States and political subdivisions

 

2,473

 

63

 

 

 

2,473

 

63

Mortgage-backed securities

 

59,236

 

744

 

11,349

 

345

 

70,585

 

1,089

Total investment securities with unrealized losses

$

62,998

$

842

$

13,746

$

452

$

76,744

$

1,294

Schedule of maturities, calls, or repricing of securities available for sale

September 30, 2022

 

Securities Available for Sale

Dollars in Thousands

Amortized

Fair

    

Cost

    

Value

Due in one year or less

$

1

$

1

Due after one year through five years

 

11,076

 

10,743

Due after five years through ten years

 

46,869

 

42,922

Due after ten years or more

 

93,165

 

77,799

$

151,111

$

131,465