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SECURITIES (Tables) | 3 Months Ended
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Mar. 31, 2020
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 and the related gross unrealized gains(losses) recognized in noninterest income were as follows:
|  | March 31, 2020 |
(Dollars in thousands) |  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  | Fair Value |
Equity securities |  | $ | 2,636 |  |  | $ | — |  |  | $ | (174 | ) |  | $ | 2,462 |
|  | December 31, 2019 |
(Dollars in thousands) |  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  | Fair Value |
Equity securities |  | $ | 2,636 |  |  | $ | 215 |  |  | $ | — |  |  | $ | 2,851 |
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 unrealized gains and losses recognized in accumulated other comprehensive income were as follows:
|  | March 31, 2020 |
(Dollars in thousands) |  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  | Fair Value |
U.S. Government and federal agency |  | $ | 17,003 |  |  | $ | 126 |  |  | $ | — |  |  | $ | 17,129 |
U.S. Treasury notes and bonds |  |  | 1,995 |  |  |  | 79 |  |  |  | — |  |  |  | 2,074 |
State and municipal |  |  | 186,586 |  |  |  | 4,142 |  |  |  | (589 | ) |  |  | 190,139 |
Mortgage-backed |  |  | 148,577 |  |  |  | 1,707 |  |  |  | (1,581 | ) |  |  | 148,703 |
Corporate |  |  | 2,850 |  |  |  | 45 |  |  |  | (36 | ) |  |  | 2,859 |
Trust preferred securities |  |  | 1,000 |  |  |  | — |  |  |  | — |  |  |  | 1,000 |
Total |  | $ | 358,011 |  |  | $ | 6,099 |  |  | $ | (2,206 | ) |  | $ | 361,904 |
|  | December 31, 2019 |
(Dollars in thousands) |  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  | Fair Value |
U.S. Government and federal agency |  | $ | 17,231 |  |  | $ | 23 |  |  | $ | (39 | ) |  | $ | 17,215 |
U.S. Treasury notes and bonds |  |  | 1,994 |  |  |  | 14 |  |  |  | — |  |  |  | 2,008 |
State and municipal |  |  | 172,487 |  |  |  | 2,694 |  |  |  | (1,257 | ) |  |  | 173,924 |
Mortgage-backed |  |  | 142,504 |  |  |  | 585 |  |  |  | (329 | ) |  |  | 142,760 |
Corporate |  |  | 2,649 |  |  |  | 24 |  |  |  | (1 | ) |  |  | 2,672 |
Trust preferred securities |  |  | 1,000 |  |  |  | — |  |  |  | — |  |  |  | 1,000 |
Total |  | $ | 337,865 |  |  | $ | 3,340 |  |  | $ | (1,626 | ) |  | $ | 339,579 |
Schedule of maturities, fair value and weighted average yields of securities | Presented below is a schedule of maturities of securities as of March 31, 2020, the fair value of securities as of March 31, 2020 and December 31, 2019, and the weighted average yields of securities as of March 31, 2020:
|  | Securities maturing within: |  |  |  |  |  |  |
(Dollars in thousands) |  | Less than 1 Year |  |  | 1 Year - 5 Years |  |  | 5 Years - 10 Years |  |  | More than 10 Years |  |  | Fair Value at March 31, 2020 |  |  | Fair Value at Dec. 31, 2019 |
U.S. Government and federal agency |  | $ | 8,015 |  |  | $ | 2,073 |  |  | $ | 7,041 |  |  | $ | — |  |  | $ | 17,129 |  |  | $ | 17,215 |
U.S. Treasury notes and bonds |  |  | — |  |  |  | 2,074 |  |  |  | — |  |  |  | — |  |  |  | 2,074 |  |  |  | 2,008 |
State and municipal (1) |  |  | 19,795 |  |  |  | 46,750 |  |  |  | 97,211 |  |  |  | 26,383 |  |  |  | 190,139 |  |  |  | 173,924 |
Corporate |  |  | 464 |  |  |  | 2,395 |  |  |  | — |  |  |  | — |  |  |  | 2,859 |  |  |  | 2,672 |
Trust preferred securities |  |  | 1,000 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,000 |  |  |  | 1,000 |
Total debt securities |  |  | 29,274 |  |  |  | 53,292 |  |  |  | 104,252 |  |  |  | 26,383 |  |  |  | 213,201 |  |  |  | 196,819 |
Mortgage-backed securities |  |  | 333 |  |  |  | 85,655 |  |  |  | 60,229 |  |  |  | 2,486 |  |  |  | 148,703 |  |  |  | 142,760 |
Equity securities (2) |  |  | — |  |  |  | — |  |  |  | 935 |  |  |  | 1,527 |  |  |  | 2,462 |  |  |  | 2,851 |
Total |  | $ | 29,607 |  |  | $ | 138,947 |  |  | $ | 165,416 |  |  | $ | 30,396 |  |  | $ | 364,366 |  |  | $ | 342,430 |
|  | Weighted average yields: |
|  | Less than 1 Year |  |  | 1 Year - 5 Years |  |  | 5 Years - 10 Years |  |  | More than 10 Years |  |  | Total |
U.S. Government and federal agency |  |  | 1.76 | % |  |  | 1.98 | % |  |  | 2.41 | % |  |  | — | % |  |  | 2.06 | %
U.S. Treasury notes and bonds |  |  | — |  |  |  | 1.85 |  |  |  | — |  |  |  | — |  |  |  | 1.85 |
State and municipal (1) |  |  | 2.27 |  |  |  | 2.91 |  |  |  | 2.78 |  |  |  | 2.84 |  |  |  | 2.77 |
Corporate |  |  | 3.10 |  |  |  | 2.74 |  |  |  | — |  |  |  | — |  |  |  | 2.80 |
Trust preferred securities |  |  | 4.50 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 4.50 |
Mortgage-backed securities |  |  | 0.80 |  |  |  | 2.24 |  |  |  | 2.09 |  |  |  | 3.21 |  |  |  | 2.19 |
Equity securities (2) |  |  | — |  |  |  | — |  |  |  | 4.56 |  |  |  | — |  |  |  | 0.76 |
Schedule of unrealized gains and losses on equity securities | Following is information regarding unrealized gains and losses on equity securities for the three-month periods ending March 31:
|  | Three Months Ended March 31, |
|  | 2020 |  |  | 2019 |
Net gains and losses recognized during the period |  | $ | (389 | ) |  | $ | 187 |
Less: Net gains and losses recognized during the period on securities sold |  |  | — |  |  |  | — |
Unrealized gains and losses recognized during the reporting period on securities still held at the reporting date |  | $ | (389 | ) |  | $ | 187 |

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- Definition Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI http://asc.fasb.org/topic&trid=2196928 + Details
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- Definition Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in net income (trading) and investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI). + References No definition available. + Details
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