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Fair Value Measurements (Tables) | 6 Months Ended
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Jun. 30, 2018
Fair Value Measurements [Abstract] |
Schedule of Fair Value of Assets and Liabilities Measured on Recurring Basis | ﻿ ﻿ The tables below present the recorded amount of assets measured at fair value on a recurring basis at June 30, 2018 and December 31, 2017. No assets were transferred from one hierarchy level to another during the first six months of 2018 or 2017. ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  | Significant |  |  |
﻿ |  |  |  |  |  |  |  | Other |  | Significant
﻿ |  |  |  |  | Quoted |  | Observable |  | Unobservable
﻿ |  |  |  |  | Prices |  | Inputs |  | Inputs
﻿(Dollars in thousands) |  | Fair Value |  | (Level 1) |  | (Level 2) |  | (Level 3)
﻿June 30, 2018 |  |  |  |  |  |  |  |  |  |  |  |
﻿Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |
﻿U.S. Government agencies |  | $ | 41,727 |  | $ | - |  | $ | 41,727 |  | $ | -
﻿Mortgage-backed |  |  | 133,839 |  |  | - |  |  | 133,839 |  |  | -
﻿ |  |  | 175,566 |  |  | - |  |  | 175,566 |  |  | -
﻿Equity |  |  | 652 |  |  | - |  |  | 652 |  |  | -
﻿Total |  | $ | 176,218 |  | $ | - |  | $ | 176,218 |  | $ | -
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  | Significant |  |  |
﻿ |  |  |  |  |  |  |  | Other |  | Significant
﻿ |  |  |  |  | Quoted |  | Observable |  | Unobservable
﻿ |  |  |  |  | Prices |  | Inputs |  | Inputs
﻿(Dollars in thousands) |  | Fair Value |  | (Level 1) |  | (Level 2) |  | (Level 3)
﻿December 31, 2017 |  |  |  |  |  |  |  |  |  |  |  |
﻿Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |
﻿U.S. Government agencies |  | $ | 45,332 |  | $ | - |  | $ | 45,332 |  | $ | -
﻿Mortgage-backed |  |  | 150,965 |  |  | - |  |  | 150,965 |  |  | -
﻿Equity |  |  | 658 |  |  | - |  |  | 658 |  |  | -
﻿Total |  | $ | 196,955 |  | $ | - |  | $ | 196,955 |  | $ | -
﻿
Fair Value of Assets Measured on Nonrecurring Basis | The tables below present the recorded amount of assets measured at fair value on a nonrecurring basis at June 30, 2018 and December 31, 2017. ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | Quantitative Information about Level 3 Fair Value Measurements
﻿(Dollars in thousands) |  | Fair Value |  | Valuation Technique |  | Unobservable Input |  | Range
﻿ June 30, 2018 |  |  |  |  |  |  |  |  |  |  |  |
﻿Nonrecurring measurements: |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿Impaired loans |  | $ | 2,703 |  |  | Appraisal of collateral | 1 |  | Liquidation expense | 2 |  | 10%
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿Impaired loans |  | $ | 5,951 |  |  | Discounted cash flow analysis | 1 |  | Discount rate |  |  | 4% - 8.5%
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿Other real estate owned |  | $ | 1,569 |  |  | Appraisal of collateral | 1 |  | Appraisal adjustments | 2 |  | 20% - 30%
﻿ |  |  |  |  |  |  |  |  | Liquidation expense | 2 |  | 5% - 10%
﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | Quantitative Information about Level 3 Fair Value Measurements
﻿(Dollars in thousands) |  | Fair Value |  | Valuation Technique |  | Unobservable Input |  | Range
﻿ December 31, 2017 |  |  |  |  |  |  |  |  |  |  |  |
﻿Nonrecurring measurements: |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿Impaired loans |  | $ | 510 |  |  | Appraisal of collateral | 1 |  | Liquidation expense | 2 |  | 10%
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿Impaired loans |  | $ | 6,005 |  |  | Discounted cash flow analysis | 1 |  | Discount rate |  |  | 4% - 8.5%
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿Other real estate owned |  | $ | 1,794 |  |  | Appraisal of collateral | 1 |  | Appraisal adjustments | 2 |  | 20% - 30%
﻿ |  |  |  |  |  |  |  |  | Liquidation expense | 2 |  | 5% - 10%
﻿
Schedule of Estimated Fair Values of Financial Assets and Liabilities | The following table provides information on the estimated fair values of the Company’s financial assets and liabilities that are reported in the balance sheets not recorded at fair value on a recurring basis as of June 30, 2018 and December 31, 2017. The financial assets and liabilities have been segregated by their classification level in the fair value hierarchy. ﻿ ﻿ ﻿ ﻿ ﻿ ﻿ ﻿ ﻿ ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | June 30, 2018 |  | December 31, 2017
﻿ |  |  |  |  | Estimated |  |  |  |  | Estimated
﻿ |  | Carrying |  | Fair |  | Carrying |  | Fair
﻿(Dollars in thousands) |  | Amount |  | Value |  | Amount |  | Value
﻿Financial assets |  |  |  |  |  |  |  |  |  |  |  |
﻿Level 1 inputs |  |  |  |  |  |  |  |  |  |  |  |
﻿Cash and cash equivalents |  | $ | 43,479 |  | $ | 43,479 |  | $ | 31,820 |  | $ | 31,820
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿Level 2 inputs |  |  |  |  |  |  |  |  |  |  |  |
﻿Investment securities held to maturity |  | $ | 6,168 |  | $ | 6,162 |  | $ | 6,247 |  | $ | 6,391
﻿Restricted securities |  |  | 7,578 |  |  | 7,578 |  |  | 3,735 |  |  | 3,735
﻿Bank owned life insurance |  |  | 3,666 |  |  | 3,666 |  |  | 3,637 |  |  | 3,637
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿Level 3 inputs |  |  |  |  |  |  |  |  |  |  |  |
﻿Loans, net (1) |  | $ | 1,146,763 |  | $ | 1,119,390 |  | $ | 1,083,733 |  | $ | 1,072,951
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿Financial liabilities |  |  |  |  |  |  |  |  |  |  |  |
﻿Level 2 inputs |  |  |  |  |  |  |  |  |  |  |  |
﻿Deposits: |  |  |  |  |  |  |  |  |  |  |  |
﻿Noninterest-bearing demand |  | $ | 326,634 |  | $ | 326,634 |  | $ | 328,322 |  | $ | 328,322
﻿Checking plus interest |  |  | 203,108 |  |  | 203,108 |  |  | 231,898 |  |  | 231,898
﻿Money market |  |  | 218,900 |  |  | 218,900 |  |  | 223,123 |  |  | 223,123
﻿Savings |  |  | 156,395 |  |  | 156,395 |  |  | 156,623 |  |  | 156,623
﻿Club |  |  | 1,187 |  |  | 1,187 |  |  | 398 |  |  | 398
﻿Brokered Deposits |  |  | 27,381 |  |  | 27,377 |  |  | - |  |  | -
﻿Certificates of deposit, $100,000 or more |  |  | 96,832 |  |  | 94,838 |  |  | 107,343 |  |  | 105,691
﻿Other time |  |  | 144,662 |  |  | 139,859 |  |  | 155,074 |  |  | 151,339
﻿Short-term borrowings |  |  | 102,741 |  |  | 102,741 |  |  | 21,734 |  |  | 21,734
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿(1) Carrrying amount is net of unearned income and the allowance for credit losses. In accordance with the prospective adoption
﻿ of ASU No. 2016-01, the fair value of loans as of June 30, 2018 was measured using an exit price notion. The fair value of
﻿ loans as of December 31, 2017 was measured using an entry price notion.
﻿

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- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 + Details
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