XML 35 R25.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Investment Securities (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2018
Investment Securities [Abstract] |
Schedule of Available-for-Sale Securities Reconciliation | The following table provides information on the amortized cost and estimated fair values of investment securities. ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  | Gross |  | Gross |  | Estimated
﻿ |  | Amortized |  | Unrealized |  | Unrealized |  | Fair
﻿(Dollars in thousands) |  | Cost |  | Gains |  | Losses |  | Value
﻿Available-for-sale securities: |  |  |  |  |  |  |  |  |  |  |  |
﻿June 30, 2018 |  |  |  |  |  |  |  |  |  |  |  |
﻿U.S. Government agencies |  | $ | 42,578 |  | $ | 7 |  | $ | 858 |  | $ | 41,727
﻿Mortgage-backed |  |  | 138,111 |  |  | 132 |  |  | 4,404 |  |  | 133,839
﻿Total |  | $ | 180,689 |  | $ | 139 |  | $ | 5,262 |  | $ | 175,566
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿December 31, 2017 |  |  |  |  |  |  |  |  |  |  |  |
﻿U.S. Government agencies |  | $ | 45,806 |  | $ | 23 |  | $ | 497 |  | $ | 45,332
﻿Mortgage-backed |  |  | 152,198 |  |  | 157 |  |  | 1,390 |  |  | 150,965
﻿Equity |  |  | 666 |  |  | - |  |  | 8 |  |  | 658
﻿Total |  | $ | 198,670 |  | $ | 180 |  | $ | 1,895 |  | $ | 196,955
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿The Company adopted ASU 2016-01 effective January 1, 2018 and equity securities with an aggregate fair value of $652 thousand at
﻿June 30, 2018 are presented separately on the balance sheet. The fair value adjustment recorded through earnings totaled $(13) thousand
﻿for the six months ended June 30, 2018.
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿Held-to-maturity securities: |  |  |  |  |  |  |  |  |  |  |  |
﻿ June 30, 2018 |  |  |  |  |  |  |  |  |  |  |  |
﻿U.S. Government agencies |  | $ | 1,766 |  | $ | - |  | $ | 10 |  | $ | 1,756
﻿States and political subdivisions |  |  | 1,402 |  |  | 24 |  |  | - |  |  | 1,426
﻿Other Debt securities (1) |  |  | 3,000 |  |  | - |  |  | 20 |  |  | 2,980
﻿Total |  | $ | 6,168 |  | $ | 24 |  | $ | 30 |  | $ | 6,162
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿December 31, 2017 |  |  |  |  |  |  |  |  |  |  |  |
﻿U.S. Government agencies |  | $ | 1,844 |  | $ | 21 |  | $ | - |  | $ | 1,865
﻿States and political subdivisions |  |  | 1,403 |  |  | 47 |  |  | - |  |  | 1,450
﻿Other Debt securities (1) |  |  | 3,000 |  |  | 76 |  |  | - |  |  | 3,076
﻿Total |  | $ | 6,247 |  | $ | 144 |  | $ | - |  | $ | 6,391
On December 15, 2016, the Company bought $3.0 million in subordinated notes with a fixed to floating rate of 6.5% from a local regional bank which it intends to hold to maturity of December 30, 2026.
Available-For-Sale Securities, Continuous Unrealized Loss Position, Fair Value | ﻿ ﻿ ﻿ ﻿ ﻿ ﻿ ﻿ ﻿ ﻿ ﻿ ﻿ ﻿ ﻿ ﻿ ﻿ ﻿ ﻿ ﻿ ﻿ ﻿ ﻿ The following tables provide information about gross unrealized losses and fair value by length of time that the individual securities have been in a continuous unrealized loss position at June 30, 2018 and December 31, 2017. ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | Less than |  | More than |  |  |  |  |  |
﻿ |  | 12 Months |  | 12 Months |  | Total
﻿ |  | Fair |  | Unrealized |  | Fair |  | Unrealized |  | Fair |  | Unrealized
﻿(Dollars in thousands) |  | Value |  | Losses |  | Value |  | Losses |  | Value |  | Losses
﻿June 30, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Available-for-sale securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿U.S. Government agencies |  | $ | 34,287 |  | $ | 702 |  | $ | 6,845 |  | $ | 156 |  | $ | 41,132 |  | $ | 858
﻿Mortgage-backed |  |  | 90,504 |  |  | 2,813 |  |  | 35,001 |  |  | 1,591 |  |  | 125,505 |  |  | 4,404
﻿Total |  | $ | 124,791 |  | $ | 3,515 |  | $ | 41,846 |  | $ | 1,747 |  | $ | 166,637 |  | $ | 5,262
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Held-to-maturity securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿U.S. Government agencies |  | $ | 2,979 |  | $ | 20 |  | $ | 1,756 |  | $ | 10 |  | $ | 4,735 |  | $ | 30
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | Less than |  | More than |  |  |  |  |  |
﻿ |  | 12 Months |  | 12 Months |  | Total
﻿ |  | Fair |  | Unrealized |  | Fair |  | Unrealized |  | Fair |  | Unrealized
﻿(Dollars in thousands) |  | Value |  | Losses |  | Value |  | Losses |  | Value |  | Losses
﻿December 31, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Available-for-sale securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿U.S. Government agencies |  | $ | 37,550 |  | $ | 453 |  | $ | 5,956 |  | $ | 44 |  | $ | 43,506 |  | $ | 497
﻿Mortgage-backed |  |  | 96,622 |  |  | 700 |  |  | 28,215 |  |  | 690 |  |  | 124,837 |  |  | 1,390
﻿Equity securities |  |  | - |  |  | - |  |  | 666 |  |  | 8 |  |  | 666 |  |  | 8
﻿Total |  | $ | 134,172 |  | $ | 1,153 |  | $ | 34,837 |  | $ | 742 |  | $ | 169,009 |  | $ | 1,895
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿
Schedule of Securities Debt Maturities | The following table provides information on the amortized cost and estimated fair values of investment securities by maturity date at June 30, 2018. ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | Available for sale |  | Held to maturity
﻿ |  | Amortized |  |  |  | Amortized |  |
﻿(Dollars in thousands) |  | Cost |  | Fair Value |  | Cost |  | Fair Value
﻿Due in one year or less |  | $ | 8,001 |  | $ | 7,975 |  | $ | - |  | $ | -
﻿Due after one year through five years |  |  | 34,608 |  |  | 33,748 |  |  | 901 |  |  | 918
﻿Due after five years through ten years |  |  | 51,945 |  |  | 50,293 |  |  | 3,501 |  |  | 3,488
﻿Due after ten years |  |  | 86,135 |  |  | 83,550 |  |  | 1,766 |  |  | 1,756
﻿Total |  | $ | 180,689 |  | $ | 175,566 |  | $ | 6,168 |  | $ | 6,162
﻿

X
- Definition Tabular disclosure of fair value of investments in debt and equity securities in an unrealized loss position categorized neither as held-to-maturity nor trading securities. + References No definition available. + Details
Name: | us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration