XML 60 R47.htm IDEA: XBRL DOCUMENT v3.19.1

Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2018

Fair Value Disclosures [Abstract]

Schedule of assets measured at fair value on a recurring basis

Assets Measured at Fair Value on a Recurring Basis
		Quoted Prices
		In Active				Significant
		Markets for				Other				Significant
		Identical				Observable				Unobservable
(Dollars in thousands)		Assets				Inputs				Inputs				Balance at
		(Level 1)				(Level 2)				(Level 3)				Date Indicated
Equity Securities Held at Fair Value - December 31, 2018
Equity securities		$	1,961			$	—			$	886			$	2,847
Investment Securities, Available for Sale - December 31, 2018
U. S. Government and federal agency		$	—			$	33,529			$	—			$	33,529
U. S. Treasury notes and bonds			—				1,947				—				1,947
State and municipal			—				95,930				7,998				103,928
Mortgage-backed			—				21,575				—				21,575
Corporate			—				5,102				—				5,102
Trust preferred securities			—				—				500				500
Asset backed securities			—				21				—				21
Total		$	—			$	158,104			$	8,498			$	166,602
Investment Securities, Available for Sale - December 31, 2017
U. S. Government and federal agency		$	—			$	35,126			$	—			$	35,126
U. S. Treasury notes and bonds			—				1,960				—				1,960
State and municipal			—				88,150				11,898				100,048
Mortgage-backed			—				9,820				—				9,820
Corporate			—				5,151				—				5,151
Equity securities			1,892				—				1,000				2,892
Trust preferred securities			—				—				500				500
Asset backed securities			—				94				—				94
Total		$	1,892			$	140,301			$	13,398			$	155,591

Schedule of changes in Level 3 assets measured at fair value on a recurring basis

Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis

(Dollars in thousands)
		2018				2017
Equity Securities Held at Fair Value
Balance, January 1		$	—			$	—
Reclassification due to implementation of ASU 2016-01			1,000				—
Total realized and unrealized gains included in noninterest income			(114	)			—
Total unrealized gains/(losses) included in other comprehensive income			—				—
Net purchases, sales, calls, and maturities			—				—
Net transfers into Level 3			—				—
Balance, December 31		$	886			$	—
Investment Securities, Available for Sale
Balance, January 1		$	13,398			$	15,103
Reclassification due to implementation of ASU 2016-01			(1,000	)			—
Total realized and unrealized gains included in income			—				—
Total unrealized gains/(losses) included in other comprehensive income			(186	)			196
Net purchases, sales, calls, and maturities			(3,714	)			(1,901	)
Net transfers into Level 3			—				—
Balance, December 31		$	8,498			$	13,398

Schedule of assets measured at fair value on a nonrecurring basis

Assets Measured at Fair Value on a Non-recurring Basis

						Quoted Prices
						In Active				Significant
						Markets for				Other				Significant
		Balances at				Identical				Observable				Unobservable
(Dollars in thousands)		Dates				Assets				Inputs				Inputs
		Indicated				(Level 1)				(Level 2)				(Level 3)
Impaired Loans
December 31, 2018		$	4,024			$	—			$	—			$	4,024
December 31, 2017		$	4,140			$	—			$	—			$	4,140
Other Real Estate
December 31, 2018		$	102			$	—			$	—			$	102
December 31, 2017		$	106			$	—			$	—			$	106

X

- 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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (bbb)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19190-110258

+ Details

Name:	us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class 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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19190-110258

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19279-110258

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_FairValueDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration