Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2020

FAIR VALUE

Schedule of fair value measurements on a recurring and non-recurring basis

							Fair
(dollars in thousands)	Level 1		Level 2		Level 3		Value
December 31, 2020
Recurring:
Securities available for sale
U.S. Treasury	$	—	$	—	$	—	$	—
State and Municipal		—		29,413		—		29,413
Mortgaged-backed		—		84,636		—		84,636
Interest rate swap		—		(949)		—		(949)
Non-recurring:
Maryland Financial Bank stock		—		—		3		3
Impaired loans		—		—		4,893		4,893
OREO		—		575		—		575
	$	—	$	113,675	$	4,896	$	118,571
December 31, 2019
Recurring:
Securities available for sale
U.S. Treasury	$	—	$	500	$	—	$	500
State and Municipal		—		12,475		—		12,475
Mortgaged-backed		—		58,511		—		58,511
Interest rate swap		—		(336)		—		(336)
Non-recurring:
Maryland Financial Bank stock		—		—		3		3
Impaired loans		—		—		4,638		4,638
OREO		—		705		—		705
	$	—	$	71,855	$	4,641	$	76,496