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SECURITIES (Tables)
 6 Months Ended
Jun. 30, 2019
Investments, Debt and Equity Securities [Abstract]  
Schedule of fair value of securities and related gross unrealized gains and losses recognized in noninterest income

The fair value of equity securities at fair value and the related gross unrealized gains recognized in noninterest income were as follows:                         

 

          June 30, 2019        
          Gross     Gross        
(Dollars in thousands)   Amortized     Unrealized     Unrealized     Fair  
    Cost     Gains     Losses     Value  
Equity securities   $ 2,502     $ 634     $ (23 )   $ 3,113  

 

            December 31, 2018          
              Gross       Gross          
(Dollars in thousands)     Amortized       Unrealized       Unrealized        Fair  
      Cost       Gains       Losses       Value  
Equity securities   $ 2,502     $ 459     $ (114 )   $ 2,847  
Schedule of fair value of securities available for sale and related gross unrealized gains and losses recognized in accumulated other comprehensive income (loss)

The fair value of securities available for sale and the related gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) were as follows:                                 

 

        June 30, 2019        
          Gross     Gross        
(Dollars in thousands)   Amortized     Unrealized     Unrealized     Fair  
    Cost     Gains     Losses     Value  
U.S. Government and federal agency   $ 30,065     $ 23     $ (18 )   $ 30,070  
U.S. Treasury     1,993       9       —       2,002  
State and municipal     99,514       2,371       (12 )     101,873  
Mortgage-backed     24,419       656       (3 )     25,072  
Corporate     2,647       25       (5 )     2,667  
Foreign debt     500       —       —       500  
Trust preferred securities     500       —       —       500  
Total   $ 159,638     $ 3,084     $ (38 )   $ 162,684  

 

        December 31, 2018        
          Gross     Gross        
    Amortized     Unrealized     Unrealized     Fair  
    Cost     Gains     Losses     Value  
U.S. Government and federal agency   $ 34,079     $ 1     $ (551 )   $ 33,529  
U.S. Treasury     1,992       —       (45 )     1,947  
State and municipal     104,317       544       (933 )     103,928  
Mortgage-backed     21,654       126       (205 )     21,575  
Corporate     5,147       1       (46 )     5,102  
Trust preferred securities     500       —       —       500  
Asset-backed securities     21       —       —       21  
Total   $ 167,710     $ 672     $ (1,780 )   $ 166,602
Schedule of maturities, fair value and weighted average yields of securities

Presented below is a schedule of maturities of securities as of June 30, 2019, the fair value of securities as of June 30, 2019 and December 31, 2018, and the weighted average yields of securities as of June 30, 2019:

 

   Securities maturing within:           
                        Fair Value    Fair Value 
    Less than    1 Year -    5 Years -    More than    at June 30,    at Dec. 31, 
(Dollars in thousands)   1 Year    5 Years    10 Years    10 Years    2019    2018 
                               
U.S. Government and federal agency  $21,048   $7,025   $1,997   $—   $30,070   $33,529 
U.S. Treasury notes and bonds   —    2,002    —    —    2,002    1,947 
State and municipal   12,503    51,177    36,244    1,949    101,873    103,928 
Corporate   —    2,667    —    —    2,667    5,102 
Foreign debt   500    —    —    —    500    — 
Trust preferred securities   500    —    —    —    500    500 
Asset-backed securities   —    —    —    —    —    21 
     Total debt securities   34,551    62,871    38,241    1,949    137,612    145,027 
                               
Mortgage-backed securities   16    19,400    5,656    —    25,072    21,575 
Equity securities (1)   —    —    977    2,136    3,113    2,847 
Total  $34,567   $82,271   $44,874   $4,085   $165,797   $169,449 
                               
    Weighted average yields:            
    Less than    1 Year -    5 Years -    More than           
    1 Year    5 Years    10 Years    10 Years     Total       
U.S. Government and federal agency   2.00%   2.33%   2.73%   —%   2.12%     
U.S. Treasury notes and bonds   —    1.85    —    —    1.85      
State and municipal (2)   2.61    2.82    3.20    0.65    2.89      
Corporate   —    2.66    —    —    2.66      
Foreign debt   2.27    —    —    —    2.27      
Trust preferred securities   6.00    —    —    —    6.00      
Mortgage-backed securities   4.45    3.09    3.07    —    3.08      
Equity securities (1)   —    —    4.51    —    1.22      

 

(1) Equity securities are preferred and common stock that may or may not have a stated maturity.
Schedule of unrealized gains and losses on equity securities

Following is information regarding unrealized gains and losses on equity securities for the three- and six-month periods ending June 30:

 

    Three Months Ended June 30,     Six Months Ended June 30,  
    2019     2018     2019     2018  
                         
Net gains and losses recognized during the period   $ 80     $ 26     $ 266     $ 58  
Less: Net gains and losses recognized during the period on securities sold     —       —       —       9  
Unrealized gains and losses recognized during the reporting period on securities still held at the reporting date   $ 80     $ 26     $ 266     $ 49