
March 31, 2019	Carrying				Fair Value Measurements
Description of Asset (dollars in thousands)	Amount		Fair Value		Level 1		Level 2		Level 3
Assets
Investment securities - AFS	$	128,400	$	128,400	$	—	$	128,400	$	—
Investment securities - HTM		95,495		94,565		1,489		93,076		—
Equity securities carried at fair value through income		4,511		4,511		—		4,511
Non-marketable equity securities in other financial institutions		209		209		—		209		—
FHLB Stock		3,874		3,874		—		3,874		—
Net loans receivable		1,353,591		1,318,674		—		—		1,318,674
Accrued Interest Receivable		5,331		5,331		—		5,331		—
Investment in BOLI		36,513		36,513		—		36,513		—

Liabilities
Savings, NOW and money market accounts	$	969,328	$	969,328	$	—	$	969,328	$	—
Time deposits		469,839		470,180		—		470,180		—
Long-term debt		20,419		20,637		—		20,637		—
Short term borrowings		35,000		35,040		—		35,040		—
TRUPs		12,000		11,029		—		11,029		—
Subordinated notes		23,000		23,067		—		23,067		—

See the Company’s methodologies disclosed in Note 21 of the Company’s 2018 Form 10‑K for the fair value methodologies used as of December 31, 2018:


December 31, 2018	Carrying				Fair Value Measurements
Description of Asset (dollars in thousands)	Amount		Fair Value		Level 1		Level 2		Level 3
Assets
Investment securities - AFS	$	119,976	$	119,976	$	—	$	119,976	$	—
Investment securities - HTM		96,271		93,745		999		92,746		—
Equity securities carried at fair value through income		4,428		4,428				4,428		—
Non-marketable equity securities in other financial institutions		209		209		—		209		—
FHLB Stock		3,821		3,821		—		3,821		—
Net loans receivable		1,337,129		1,298,465		—		—		1,298,465
Accrued Interest Receivable		4,957		4,957		—		4,957		—
Investment in BOLI		36,295		36,295		—		36,295		—

Liabilities
Savings, NOW and money market accounts	$	982,600	$	982,600	$	—	$	982,600	$	—
Time deposits		447,029		446,683		—		446,683		—
Long-term debt		20,436		20,568		—		20,568		—
Short term borrowings		35,000		35,016		—		35,016		—
TRUPs		12,000		10,924		—		10,924		—
Subordinated notes		23,000		23,085		—		23,085		—