Fair Values of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2019

Fair Values Of Financial Instruments [Abstract]

Schedule of estimated fair values of financial instruments

	December 31, 2019				December 31, 2018
(dollars in thousands)	Carrying		Fair		Carrying		Fair
	Amount		Value		Amount		Value
Financial assets:
Cash and due from banks	$	2,420	$	2,420	$	2,605	$	2,605
Interest-bearing deposits in other financial institutions		10,017		10,017		12,468		12,468
Federal funds sold		853		853		881		881
Investment securities available for sale		71,486		71,486		81,572		81,572
Investments in restricted stock		1,437		1,437		2,481		2,481
Ground rents		143		143		143		143
Loans, less allowance for credit losses		282,672		282,583		296,579		293,175
Accrued interest receivable		961		961		1,198		1,198
Cash value of life insurance		8,023		8,023		7,860		7,860
Financial liabilities:
Deposits		321,440		300,944		322,453		307,271
Short-term borrowings		25,000		25,386		55,000		55,851
Accrued interest payable		100		100		152		152
Unrecognized financial instruments:
Commitments to extend credit		26,297		26,297		19,905		19,905
Standby letters of credit		1,059		1,059		1,059		1,059

Schedule of fair value hierarchy of financial instruments

(dollars in thousands)
	Carrying		Fair
December 31, 2019	Amount		Value		Level 1		Level 2	Level 3
Financial instruments - Assets
Cash and cash equivalents	$	13,290	$	13,290	$	13,290	—	$	—
Loans receivable, net		282,672		282,583		—	—		282,583
Cash value of life insurance		8,023		8,023		—	8,023		—
Financial instruments - Liabilities
Deposits		321,440		300,944		212,187	88,757		—
Short-term debt		25,000		25,386		—	25,386		—