Fair Value of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2019

Investments, All Other Investments [Abstract]

Fair Value, by Balance Sheet Grouping

The Company’s estimated fair values of financial instruments are presented in the following tables.

December 31, 2019					Fair Value Measurements
(dollars in thousands) Description of Asset	Carrying Amount		Fair Value		Level 1		Level 2		Level 3
Assets
Investment securities - AFS	$	208,187	$	208,187	$	—	$	208,187	$	—
Investment securities - HTM
Equity securities carried at fair value through income	4,669		4,669		0		4,669		—
Non-marketable equity securities in other financial institutions	209		209		—		209		—
FHLB Stock	3,447		3,447		—		3,447		—
Loans Receivable	1,445,109		1,424,506		—		—		1,424,506
Accrued Interest Receivable	5,019		5,019		—		5,019		—
Investment in BOLI	37,180		37,180		—		37,180		—
Liabilities
Savings, NOW and money market accounts	$	1,117,668	$	1,117,668	$	—	$	1,117,668	$	—
Time deposits	394,169		396,492		—		396,492		—
Short-term borrowings	5,000		5,007		—		5,007		—
Long-term debt	40,370		40,588		—		40,588		—
TRUPs	12,000		10,129		—		10,129		—
Subordinated notes	23,000		23,031		—		23,031		—

December 31, 2018					Fair Value Measurements
(dollars in thousands) Description of Asset	Carrying 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		—
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		—
Short-term borrowings	35,000		35,016		—		35,016		—
Long-term debt	20,436		20,568		—		20,568		—
TRUPs	12,000		10,924		—		10,924		—
Subordinated notes	23,000		23,085		—		23,085		—