Fair Values of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2018

Investments, All Other Investments [Abstract]

Schedule of Fair Values of Recognized Financial Instruments

The fair values of recognized financial instruments as of June 30, 2018 and December 31, 2017 are as follows:

(Dollars in thousands)	Carrying Value		Level I		Level II		Level III		Fair Value
June 30, 2018
Financial assets
Cash and cash equivalents	$	43,231	$	43,231	$	—	$	—	$	43,231
Securities available-for-sale		90,808		992		89,816		—		90,808
Securities held-to-maturity		21,882		—		21,173		—		21,173
Equity securities		94		48		—		46		94
Restricted stock		4,614		N/A		N/A		N/A		N/A
Loans held for sale		100		100		—		—		100
Net loans		529,509		—		—		524,812		524,812
Bank-owned life insurance		13,384		13,384		—		—		13,384
Accrued interest receivable		1,555		1,555		—		—		1,555
Mortgage servicing rights		270		—		—		270		270
Financial liabilities
Deposits	$	595,073	$	478,654	$	—	$	114,027	$	592,681
Short-term borrowings		44,155		44,155		—		—		44,155
Other borrowings		8,827		—		—		8,136		8,136
Accrued interest payable		66		66		—		—		66
December 31, 2017
Financial assets
Cash and cash equivalents	$	36,420	$	36,420	$	—	$	—	$	36,420
Securities available-for-sale		97,663		998		96,665		—		97,663
Securities held-to-maturity		25,758		—		25,491		—		25,491
Equity securities		89		89		—		—		89
Restricted stock		4,614		N/A		N/A		N/A		N/A
Loans held for sale		246		246		—		—		246
Net loans		511,226		—		—		513,106		513,106
Bank-owned life insurance		13,218		13,218		—		—		13,218
Accrued interest receivable		1,545		1,545		—		—		1,545
Mortgage servicing rights		270		—		—		270		270
Financial liabilities
Deposits	$	583,259	$	473,467	$	—	$	110,224	$	583,691
Short-term borrowings		39,480		39,480		—		—		39,480
Other borrowings		11,409		—		—		10,365		10,365

Summary of Equity Investments

The following table presents the carrying amount of equity investments without readily determinable fair values, the annual and cumulative amount of impairment, and the annual and cumulative amount of observable price changes for orderly transactions for the identical or a similar investment of the same issuer:

	June 30, 2018
(Dollars in thousands)	Year-to-Date		Life-to-Date
Amortized cost	$	44	$	44
Impairment		—		—
Observable price changes		2		2
Carrying value	$	46	$	46