Securities (Tables)

9 Months Ended

Sep. 30, 2020

Available For Sale Securities [Abstract]

Amortized Costs And Fair Values Of Securities Available For Sale

Amortized costs and fair values of securities available for sale at September 30, 2020 and December 31, 2019 were as follows:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Fair Value
	September 30, 2020
	(in thousands)
Obligations of U.S. government corporations and agencies	$	16,579	$	1,055	$	—		$	17,634
Mortgage-backed securities		102,786		2,135		(74	)		104,847
Obligations of states and political subdivisions		27,999		1,440		—			29,439
Corporate securities		500		—		—			500
	$	147,864	$	4,630	$	(74	)	$	152,420

	December 31, 2019
	(in thousands)
Obligations of U.S. government corporations and agencies	$	21,917	$	363	$	(94	)	$	22,186
Mortgage-backed securities		107,410		966		(215	)		108,161
Obligations of states and political subdivisions		33,854		858		(56	)		34,656
	$	163,181	$	2,187	$	(365	)	$	165,003

Fair Value And Gross Unrealized Losses For Securities Available For Sale

The fair value and gross unrealized losses for securities available for sale, totaled by the length of time that individual securities have been in a continuous gross unrealized loss position, at September 30, 2020 and December 31, 2019 were as follows:

	Less than 12 months				12 months or more				Total
	Fair Value		Gross Unrealized Losses		Fair Value		Gross Unrealized Losses		Fair Value		Gross Unrealized Losses
	September 30, 2020
	(in thousands)
Obligations of U.S. government corporations and agencies	$	—	$	—	$	—	$	—	$	—	$	—
Mortgage-backed securities		7,166		74		—		—		7,166		74
Obligations of states and political subdivisions		—		—		—		—		—		—
Corporate securities		—		—		—		—		—		—
	$	7,166	$	74	$	—	$	—	$	7,166	$	74

	Less than 12 months				12 months or more				Total
	Fair Value		Gross Unrealized Losses		Fair Value		Gross Unrealized Losses		Fair Value		Gross Unrealized Losses
	December 31, 2019
	(in thousands)
Obligations of U.S. government corporations and agencies	$	5,466	$	91	$	1,997	$	3	$	7,463	$	94
Mortgage-backed securities		19,509		176		5,271		39		24,780		215
Obligations of states and political subdivisions		3,127		49		923		7		4,050		56
	$	28,102	$	316	$	8,191	$	49	$	36,293	$	365

Schedule Composition Of Restricted Investments

The composition of restricted investments at September 30, 2020 and December 31, 2019 was as follows:

	September 30, 2020		December 31, 2019
	(in thousands)
Federal Reserve Bank Stock	$	344	$	344
Federal Home Loan Bank Stock		784		713
Community Bankers’ Bank Stock		140		140
	$	1,268	$	1,197