XML 67 R23.htm IDEA: XBRL DOCUMENT v3.19.3
Securities (Tables)
9 Months Ended
Sep. 30, 2019
Securities  
Summary of available for sale debt securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2019

 

 

    

 

 

    

Gross

    

Gross

    

 

 

 

 

 

Amortized

 

Unrealized

 

Unrealized

 

 

 

(Dollars in thousands)

 

Cost

 

Gains

 

Losses

 

Fair Value

 

U.S. government agencies and corporations

 

$

22,204

 

$

 2

 

$

(26)

 

$

22,180

 

Mortgage-backed securities

 

 

88,933

 

 

879

 

 

(111)

 

 

89,701

 

Obligations of states and political subdivisions

 

 

77,739

 

 

1,264

 

 

(15)

 

 

78,988

 

 

 

$

188,876

 

$

2,145

 

$

(152)

 

$

190,869

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018

 

 

    

 

 

    

Gross

    

Gross

    

 

 

 

 

 

Amortized

 

Unrealized

 

Unrealized

 

 

 

(Dollars in thousands)

 

Cost

 

Gains

 

Losses

 

Fair Value

 

U.S. government agencies and corporations

 

$

18,008

 

$

 1

 

$

(536)

 

$

17,473

 

Mortgage-backed securities

 

 

106,787

 

 

85

 

 

(1,889)

 

 

104,983

 

Obligations of states and political subdivisions

 

 

91,855

 

 

840

 

 

(241)

 

 

92,454

 

 

 

$

216,650

 

$

926

 

$

(2,666)

 

$

214,910

 

 

Schedule of amortized cost and estimated fair value of securities, by the earlier of contractual maturity or expected maturity

 

 

 

 

 

 

 

 

 

 

September 30, 2019

 

 

    

Amortized

    

 

 

(Dollars in thousands)

 

Cost

 

Fair Value

 

Due in one year or less

 

$

37,681

 

$

37,796

 

Due after one year through five years

 

 

133,691

 

 

135,024

 

Due after five years through ten years

 

 

12,834

 

 

13,066

 

Due after ten years

 

 

4,670

 

 

4,983

 

 

 

$

188,876

 

$

190,869

 

 

Schedule of gross realized gains and losses and the proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 

 

Nine Months Ended September 30, 

 

(Dollars in thousands)

2019

    

2018

    

2019

 

2018

 

Realized gains from maturities and calls of securities:

 

 

 

 

 

 

 

 

 

 

 

 

Gross realized gains

$

 3

 

$

 5

 

$

 8

 

$

10

 

Gross realized losses

 

 —

 

 

 —

 

 

 —

 

 

(1)

 

Net realized gains

$

 3

 

$

 5

 

$

 8

 

$

 9

 

Proceeds from maturities, calls and paydowns of securities

$

21,954

 

$

12,865

 

$

55,593

 

$

35,267

 

 

Schedule of securities in an unrealized loss position

Securities in an unrealized loss position at September 30, 2019, by duration of the period of the unrealized loss, are shown below.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Less Than 12 Months

 

12 Months or More

 

Total

 

 

   

Fair

   

Unrealized

   

Fair

   

Unrealized

   

Fair

   

Unrealized

 

(Dollars in thousands)

 

Value

 

Loss

 

Value

 

Loss

 

   Value   

 

Loss

 

U.S. government agencies and corporations

 

$

7,442

 

$

 1

 

$

8,821

 

$

25

 

$

16,263

 

$

26

 

Mortgage-backed securities

 

 

10,828

 

 

22

 

 

13,762

 

 

89

 

 

24,590

 

 

111

 

Obligations of states and political subdivisions

 

 

5,777

 

 

 6

 

 

2,590

 

 

 9

 

 

8,367

 

 

15

 

Total temporarily impaired securities

 

$

24,047

 

$

29

 

$

25,173

 

$

123

 

$

49,220

 

$

152

 

 

Securities in an unrealized loss position at December 31, 2018, by duration of the period of the unrealized loss, are shown below.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Less Than 12 Months

 

12 Months or More

 

Total

 

 

   

Fair

   

Unrealized

   

Fair

   

Unrealized

   

Fair

   

Unrealized

 

(Dollars in thousands)

 

Value

 

Loss

 

Value

 

Loss

 

   Value   

 

Loss

 

U.S. government agencies and corporations

 

$

997

 

$

 1

 

$

15,725

 

$

535

 

$

16,722

 

$

536

 

Mortgage-backed securities

 

 

17,934

 

 

132

 

 

72,830

 

 

1,757

 

 

90,764

 

 

1,889

 

Obligations of states and political subdivisions

 

 

9,492

 

 

29

 

 

20,555

 

 

212

 

 

30,047

 

 

241

 

Total temporarily impaired securities

 

$

28,423

 

$

162

 

$

109,110

 

$

2,504

 

$

137,533

 

$

2,666