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Commitments, Contingencies, and Concentrations of Credit Risk (Tables)
 12 Months Ended
Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]  
Schedule of outstanding loan commitments

The following table presents the Company’s outstanding loan commitments at December 31, 2018.

 

($ in thousands)            
             
Type of Commitment  Fixed Rate   Variable Rate   Total 
Outstanding closed-end loan commitments  $209,726    460,377    670,103 
Unfunded commitments on revolving lines of credit, credit cards and home equity loans   149,898    468,793    618,691 
     Total  $359,624    929,170    1,288,794 

 
Schedule of maximum credit risk for securities

The following are the fair values at December 31, 2018 of securities to any one issuer/guarantor that exceed $5.0 million, with such amounts representing the maximum amount of credit risk that the Company would incur if the issuer did not repay the obligation.

 

($ in thousands)

Issuer

  Amortized Cost   Fair Value 
Fannie Mae – mortgage-backed securities  $191,839    186,735 
Ginnie Mae – mortgage-backed securities   127,358    123,593 
Freddie Mac – mortgage-backed securities   98,608    95,285 
Federal Home Loan Bank System - bonds   70,495    70,421 
Small Business Administration securities   26,878    25,977 
Federal Home Loan Bank of Atlanta -  common stock   20,036    20,036 
Federal Reserve Bank  - common stock   17,432    17,432 
Bank of America corporate bonds   7,000    6,879 
Citigroup, Inc. corporate bonds   6,028    5,921 
Goldman Sachs Group Inc. corporate bond   5,073    4,937 
JP Morgan Chase corporate bond   5,018    4,904 
Federal Farm Credit Bank – bond   5,000    4,921 
Fannie Mae – bond   5,000    4,871