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Disclosures About Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2019
Disclosures About Fair Value of Financial Instruments [Abstract]  
Summary of estimated fair values, and related carrying amounts of financial instruments
The estimated fair values, and related carrying amounts, of the Company’s financial instruments are as follows:
 
       
Fair Value Measurements at September 30, 2019
 
   
Carrying
Amount
   
Quoted

Prices in

Active

Markets for
Identical
Assets (Level 1)
   
Significant
Observable
Inputs
(Level 2)
   
Significant
Unobservable
Inputs

(Level 3)
   
Fair Value
 
(in thousands)
                    
Financial Assets
                         
Cash and short-term investments
  $22,318   $22,318   $—     $—     $22,318 
Federal funds sold
   285    285    —      —      285 
Investment securities
   142,712    —      143,210    —      143,210 
Loans held for sale
   80,255    —      80,255    —      80,255 
Net loans held for investment
   456,474    —      —      462,414    462,414 
Accrued interest receivable
   2,162    —      2,162    —      2,162 
Bank-owned life insurance
   8,871    —      8,871    —      8,871 
Financial Liabilities
                         
Deposits
   520,280    —      428,908    85,162    514,070 
Other borrowed funds
   129,600    —      129,908    —      129,908 
Subordinated debt, net
   9,792    —      —      9,792    9,792 
Accrued interest payable
   834    —      834    —      834 
 
       
Fair Value Measurements at December 31, 2018
 
   
Carrying
Amount
   
Quoted

Prices in

Active
Markets for
Identical
Assets (Level 1)
   
Significant
Observable
Inputs
(Level 2)
   
Significant
Unobservable
Inputs

(Level 3)
   
Fair Value
 
(in thousands)
                    
Financial Assets
                         
Cash and short-term investments
  $15,026   $15,026   $—     $—     $15,026 
Federal funds sold
   546    546    —      —      546 
Investment securities
   58,750    —      58,688    —      58,688 
Loans held for sale
   29,233    —      29,233    —      29,233 
Net loans held for investment
   411,288    —      —      404,888    404,888 
Accrued interest receivable
   1,769    —      1,769    —      1,769 
Bank-owned life insurance
   8,455    —      8,455    —      8,455 
Financial Liabilities
                         
Deposits
   415,027    —      323,280    81,070    404,350 
Other borrowed funds
   73,100    —      73,113    —      73,113 
Subordinated debt, net
   9,766    —      —      9,766    9,766 
Accrued interest payable
   395    —      395    —      395