Securities (Tables)

9 Months Ended

Sep. 30, 2020

Securities [Abstract]

Schedule Of Amortized Cost And Approximate Fair Value Of Securities

	September 30, 2020
	(in thousands)
	Amortized		Unrealized				Fair
	Cost		Gains		Losses		Value
Available for Sale:
Debt securities:
U.S. government agencies	$	61,631	$	776	$	(128)	$	62,279
States and political subdivisions		7,375		175		(5)		7,545
Total debt securities		69,006		951		(133)		69,824
Mortgage-backed securities:
FNMA		24,305		750		(18)		25,037
FHLMC		4,066		120		-		4,186
GNMA		2,305		46		(1)		2,350
SBA		21,259		977		(34)		22,202
CMO		31,159		1,003		-		32,162
Total mortgage-backed securities		83,094		2,896		(53)		85,937
Total securities designated as available for sale	$	152,100	$	3,847	$	(186)	$	155,761
Held to Maturity:
Debt securities
States and political subdivisions	$	4,996	$	88	$	-	$	5,084
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Total securities designated as held to maturity	$	4,996	$	88	$	-	$	5,084

	December 31, 2019
	(in thousands)
	Amortized		Unrealized				Fair
	Cost		Gains		Losses		Value
Available for Sale:
Debt securities:
U.S. government agencies	$	27,951	$	225	$	(21)	$	28,155
States and political subdivisions		3,289		69		(7)		3,351
Total debt securities		31,240		294		(28)		31,506
Mortgage-backed securities:
FNMA		34,395		330		(53)		34,672
FHLMC		15,390		137		(13)		15,514
GNMA		3,421		16		(24)		3,413
SBA		13,752		90		(70)		13,772
CMO		29,019		190		(164)		29,045
Total mortgage-backed securities		95,977		763		(324)		96,416
Total securities designated as available for sale	$	127,217	$	1,057	$	(352)	$	127,922
Held to Maturity:
Debt securities
States and political subdivisions	$	2,386	$	24	$	(18)	$	2,392
Total securities designated as held to maturity	$	2,386	$	24	$	(18)	$	2,392

Scheduled Maturities Of Debt And Mortgage-Backed Securities

	September 30, 2020				December 31, 2019
	Amortized		Estimated		Amortized		Estimated
	cost		fair value		cost		fair value
			(in thousands)
Debt securities available for sale:
Due in one year or less	$	3,790	$	3,802	$	6,005	$	6,014
Due after one year through five years		7,768		7,971		6,481		6,626
Due after five years through ten years		23,959		24,658		18,754		18,866
Due after ten years		33,489		33,393		-		-
		69,006		69,824		31,240		31,506
Mortgage-backed securities
available for sale		83,094		85,937		95,977		96,416
Total	$	152,100	$	155,761	$	127,217	$	127,922
Debt securities held to maturity:
Due in one year or less	$	3,944	$	3,949	$	1,139	$	1,140
Due after one year through five years		564		597		712		732
Due after five years through ten years		45		48		54		54
Due after ten years		443		490		481		466
Total	$	4,996	$	5,084	$	2,386	$	2,392

Unrealized Losses On Securities

	September 30, 2020
		Less than 12 months				12 months or longer				Total
		Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
		Value		Losses		Value		Losses		Value		Losses
		(in thousands)
Available for Sale:
Debt securities:
U.S. government agencies	$	27,432	$	(128)	$	-	$	-	$	27,432	$	(128)
States and political subdivisions		-		-		181		(5)		181		(5)
Total debt securities		27,432		(128)		181		(5)		27,613		(133)
Mortgage-backed securities:
FNMA		238		(1)		1,396		(17)		1,634		(18)
FHLMC		90		-		-		-		90		-
GNMA		156		(1)		-		-		156		(1)
SBA		-		-		1,406		(34)		1,406		(34)
CMO		-		-		-		-		-		-
Total mortgage-backed securities		484		(2)		2,802		(51)		3,286		(53)
Held to Maturity:
Debt securities:
States and political subdivisions		-		-		-		-		-		-
Total temporarily impaired
securities	$	27,916	$	(130)	$	2,983	$	(56)	$	30,899	$	(186)
	December 31, 2019
		Less than 12 months				12 months or longer				Total
		Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
		Value		Losses		Value		Losses		Value		Losses
		(in thousands)
Available for Sale:
Debt securities:
U.S. government agencies	$	1,976	$	(18)	$	3,997	$	(3)	$	5,973	$	(21)
States and political subdivisions		-		-		181		(7)		181		(7)
Total debt securities		1,976		(18)		4,178		(10)		6,154		(28)
Mortgage-backed securities:
FNMA		5,355		(38)		3,630		(15)		8,985		(53)
FHLMC		-		-		1,242		(13)		1,242		(13)
GNMA		2,091		(22)		770		(2)		2,861		(24)
SBA		5,171		(70)		-		-		5,171		(70)
CMO		5,706		(36)		8,911		(128)		14,617		(164)
Total mortgage-backed securities		18,323		(166)		14,553		(158)		32,876		(324)
Held to Maturity:
Debt securities:
States and political subdivisions		227		(1)		2,165		(17)		2,392		(18)
Total temporarily impaired
securities	$	20,526	$	(185)	$	20,896	$	(185)	$	41,422	$	(370)