Securities (Tables)

12 Months Ended

Dec. 31, 2021

Investments Debt And Equity Securities [Abstract]

Summary of Securities Available-for-Sale and Restricted Stock

Securities consisted of the following on December 31:

(Dollars in thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
2021
Available-for-sale
U.S. Treasury securities	$	4,982	$	—	$	(10	)	$	4,972
U.S. Government agencies		13,999		—		(327	)		13,672
Mortgage-backed securities of government agencies		78,224		393		(843	)		77,774
Asset-backed securities of government agencies		760		—		(7	)		753
State and political subdivisions		23,189		343		(201	)		23,331
Corporate bonds		11,238		57		(89	)		11,206
Total available-for-sale		132,392		793		(1,477	)		131,708
Held-to-maturity
U.S. Treasury securities		12,700		32		(39	)		12,693
Mortgage-backed securities of government agencies		159,916		504		(766	)		159,654
State and political subdivisions		2,192		3		(14	)		2,181
Total held-to-maturity		174,808		539		(819	)		174,528
Equity securities		53		62		—			115
Restricted stock		4,614		—		—			4,614
Total securities	$	311,867	$	1,394	$	(2,296	)	$	310,965
2020
Available-for-sale
U.S. Treasury security	$	999	$	12	$	—		$	1,011
U.S. Government agencies		13,998		8		—			14,006
Mortgage-backed securities of government agencies		138,964		1,184		(136	)		140,012
Asset-backed securities of government agencies		848		—		(11	)		837
State and political subdivisions		23,422		544		—			23,966
Corporate bonds		10,841		42		(277	)		10,606
Total available-for-sale		189,072		1,790		(424	)		190,438
Held-to-maturity
Mortgage-backed securities of government agencies		5,620		192		(12	)		5,800
State and political subdivisions		3,425		—		—			3,425
Total held-to-maturity		9,045		192		(12	)		9,225
Equity securities		53		34		—			87
Restricted stock		4,614		—		—			4,614
Total securities	$	202,784	$	2,016	$	(436	)	$	204,364

Summary of Amortized Cost and Fair Value of Debt Securities

The amortized cost and fair value of debt securities on December 31, 2021, by contractual maturity, are shown below. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.

(Dollars in thousands)	Amortized Cost		Fair Value
Available-for-sale
Due in one year or less	$	602	$	605
Due after one through five years		29,583		29,589
Due after five through ten years		30,066		29,884
Due after ten years		72,141		71,630
Total debt securities available-for-sale	$	132,392	$	131,708
Held-to-maturity
Due after one through five years	$	9,876	$	9,837
Due after five through ten years		3,887		3,911
Due after ten years		161,045		160,780
Total debt securities held-to-maturity	$	174,808	$	174,528

Summary of Gross Unrealized Losses and Fair Value of Available for Sale Securities

The following table presents gross unrealized losses, fair value of securities, aggregated by investment category, and length of time individual securities have been in a continuous unrealized loss position, on December 31:

	Less Than 12 Months					12 Months or More					Total
(Dollars in thousands)	Gross Unrealized Losses			Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses			Fair Value
2021
Available-for-sale
U.S. Treasury securities	$	(10	)	$	4,972	$	—		$	—	$	(10	)	$	4,972
U.S. Government agencies		(69	)		2,930		(258	)		10,742		(327	)		13,672
Mortgage-backed securities of government    agencies		(574	)		43,595		(269	)		12,653		(843	)		56,248
Asset-backed securities of government    agencies		—			—		(7	)		753		(7	)		753
State and political subdivisions		(201	)		9,646		—			—		(201	)		9,646
Corporate bonds		(44	)		5,710		(45	)		955		(89	)		6,665
Held-to-maturity
U.S. Treasury securities		(39	)		9,837		—			—		(39	)		9,837
Mortgage-backed securities of government    agencies		(766	)		98,906		—			—		(766	)		98,906
State and political subdivisions		(14	)		1,749		—			—		(14	)		1,749
Total temporarily impaired securities	$	(1,717	)	$	177,345	$	(579	)	$	25,103	$	(2,296	)	$	202,448
2020
Available-for-sale
Mortgage-backed securities of government    agencies	$	(70	)	$	10,808	$	(66	)	$	8,974	$	(136	)	$	19,782
Asset-backed securities of government    agencies		—			—		(11	)		837		(11	)		837
Corporate bonds		(32	)		1,968		(245	)		3,733		(277	)		5,701
Held-to-maturity
Mortgage-backed securities of government    agencies		(12	)		1,734		—			—		(12	)		1,734
Total temporarily impaired securities		(114	)	$	14,510	$	(322	)	$	13,544	$	(436	)	$	28,054