XML 29 R18.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Investment Securities (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2018
Investment Securities [Abstract] |
Summary of amortized costs and fair value of investment securities |
|  | June 30, 2018
|  | Amortized |  | Gross Unrealized |  | Fair
(dollars in thousands) |  | Cost |  | Gains |  | Losses |  | Value
Available for sale |  |  |  |  |  |  |  |  |
US government agencies |  | $ | 8,987 |  | 1 |  | 274 |  | 8,714
SBA securities |  |  | 3,904 |  | - |  | 135 |  | 3,769
State and political subdivisions |  |  | 8,530 |  | 49 |  | 107 |  | 8,472
Asset-backed securities |  |  | 6,703 |  | 3 |  | 15 |  | 6,691
Mortgage-backed securities |  |  |  |  |  |  |  |  |
FHLMC |  |  | 8,401 |  | - |  | 327 |  | 8,074
FNMA |  |  | 32,089 |  | 2 |  | 780 |  | 31,311
GNMA |  |  | 3,181 |  | 1 |  | 146 |  | 3,036
Total mortgage-backed securities |  |  | 43,671 |  | 3 |  | 1,253 |  | 42,421
Total investment securities available for sale |  | $ | 71,795 |  | 56 |  | 1,784 |  | 70,067
|  | De cember 31, 2017
|  | Amortized |  | Gross Unrealized |  | Fair
|  | Cost |  | Gains |  | Losses |  | Value
Available for sale |  |  |  |  |  |  |  |  |
US government agencies |  | $ | 8,749 |  | 1 |  | 97 |  | 8,653
SBA securities |  |  | 4,087 |  | - |  | 24 |  | 4,063
State and political subdivisions |  |  | 11,242 |  | 179 |  | 25 |  | 11,396
Mortgage-backed securities |  |  |  |  |  |  |  |  |
FHLMC |  |  | 9,102 |  | - |  | 149 |  | 8,953
FNMA |  |  | 29,383 |  | 3 |  | 386 |  | 29,000
GNMA |  |  | 5,618 |  | 2 |  | 82 |  | 5,538
Total mortgage-backed securities |  |  | 44,103 |  | 5 |  | 617 |  | 43,491
Total investment securities available for sale |  | $ | 68,181 |  | 185 |  | 763 |  | 67,603
Summary of fair values investment securities available for contractual maturities |
|  | June 30, 2018
|  | Less than one year |  | One to five years |  | Five to ten years |  | Over ten years |  |  |  | Total
(dollars in thousands) |  | Amount |  | Yield |  | Amount |  | Yield |  | Amount |  | Yield |  | Amount |  | Yield |  | Amount |  | Yield
Available for sale |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
US government agencies |  | $ | - |  | - |  | 2,641 |  | 2.12% |  | 6,073 |  | 2.74% |  | - |  | - |  | 8,714 |  | 2.55%
SBA securities |  |  | - |  | - |  | - |  | - |  | - |  | - |  | 3,769 |  | 2.60% |  | 3,769 |  | 2.60%
State and political subdivisions |  |  | - |  | - |  | 514 |  | 2.14% |  | 4,514 |  | 3.11% |  | 3,444 |  | 2.83% |  | 8,472 |  | 2.94%
Asset-backed securities |  |  | - |  | - |  | - |  | - |  | - |  | - |  | 6,691 |  | 2.89% |  | 6,691 |  | 2.89%
Mortgage-backed securities |  |  | 115 |  | 0.31% |  | 790 |  | 1.94% |  | 12,101 |  | 1.86% |  | 29,415 |  | 2.53% |  | 42,421 |  | 2.40%
Total |  | $ | 115 |  | 0.31% |  | 3,945 |  | 2.09% |  | 22,688 |  | 2.34% |  | 43,319 |  | 2.61% |  | 70,067 |  | 2.49%
|  | December 31, 2017
|  | Less than one year |  | One to five years |  | Five to ten years |  | Over ten years |  |  |  | Total
|  | Amount |  | Yield |  | Amount |  | Yield |  | Amount |  | Yield |  | Amount |  | Yield |  | Amount |  | Yield
Available for sale |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
US government agencies |  | $ | 995 |  | 1.15% |  | 1,503 |  | 2.04% |  | 6,155 |  | 2.40% |  | - |  | - |  | 8,653 |  | 2.20%
SBA securities |  |  | - |  | - |  | - |  | - |  | - |  | - |  | 4,063 |  | 2.45% |  | 4,063 |  | 2.45%
State and political subdivisions |  |  | - |  | - |  | 1,163 |  | 1.96% |  | 7,162 |  | 2.84% |  | 3,071 |  | 2.76% |  | 11,396 |  | 2.73%
Mortgage-backed securities |  |  | 432 |  | 0.99% |  | - |  | - |  | 11,328 |  | 1.84% |  | 31,731 |  | 2.06% |  | 43,491 |  | 1.99%
Total |  | $ | 1,427 |  | 1.10% |  | 2,666 |  | 1.59% |  | 24,645 |  | 2.27% |  | 38,865 |  | 2.15% |  | 67,603 |  | 2.17%
Summary of gross unrealized losses on investment securities and fair market value of related securities |
|  | June 30, 2018
|  |  |  | Less than 12 months |  |  |  | 12 months or longer |  |  |  |  |  |  | Total
|  |  |  | Fair |  | Unrealized |  |  |  | Fair |  | Unrealized |  |  |  | Fair |  | Unrealized
(dollars in thousands) |  | # |  | value |  | losses |  | # |  | value |  | losses |  | # |  | value |  | losses
Available for sale |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
US government agencies |  | 6 |  | $ | 5,336 |  | $ | 118 |  | 3 |  | $ | 2,878 |  | $ | 156 |  | 9 |  | $ | 8,214 |  | $ | 274
SBA securities |  | 1 |  |  | 2,759 |  |  | 106 |  | 1 |  |  | 1,010 |  |  | 29 |  | 2 |  |  | 3,769 |  |  | 135
State and political subdivisions |  | 7 |  |  | 4,747 |  |  | 71 |  | 2 |  |  | 769 |  |  | 36 |  | 9 |  |  | 5,516 |  |  | 107
Asset-backed securities |  | 3 |  |  | 4,851 |  |  | 15 |  | - |  |  | - |  |  | - |  | 3 |  |  | 4,851 |  |  | 15
Mortgage-backed securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
FHLMC |  | 3 |  |  | 2,610 |  |  | 90 |  | 7 |  |  | 5,464 |  |  | 237 |  | 10 |  |  | 8,074 |  |  | 327
FNMA |  | 12 |  |  | 14,882 |  |  | 297 |  | 16 |  |  | 16,386 |  |  | 483 |  | 28 |  |  | 31,268 |  |  | 780
GNMA |  | 1 |  |  | 1,223 |  |  | 59 |  | 2 |  |  | 1,792 |  |  | 87 |  | 3 |  |  | 3,015 |  |  | 146
Total |  | 33 |  | $ | 36,408 |  | $ | 756 |  | 31 |  | $ | 28,299 |  | $ | 1,028 |  | 64 |  | $ | 64,707 |  | $ | 1,784
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | December 31, 2017
|  |  |  |  | Less than 12 months |  |  |  |  | 12 months or longer |  |  |  |  |  |  |  | Total
|  |  |  |  | Fair |  | Unrealized |  |  |  | Fair |  | Unrealized |  |  |  | Fair |  | Unrealized
|  | # |  |  | value |  |  | losses |  | # |  | value |  | losses |  | # |  | value |  | losses
Available for sale |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
US government agencies |  | 5 |  | $ | 4,184 |  | $ | 22 |  | 4 |  | $ | 3,968 |  | $ | 75 |  | 9 |  | $ | 8,152 |  | $ | 97
SBA securities |  | 1 |  |  | 2,936 |  |  | 13 |  | 1 |  |  | 1,127 |  |  | 11 |  | 2 |  |  | 4,063 |  |  | 24
State and political subdivisions |  | 3 |  |  | 1,214 |  |  | 9 |  | 2 |  |  | 792 |  |  | 16 |  | 5 |  |  | 2,006 |  |  | 25
Mortgage-backed securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
FHLMC |  | 3 |  |  | 2,897 |  |  | 26 |  | 7 |  |  | 6,056 |  |  | 123 |  | 10 |  |  | 8,953 |  |  | 149
FNMA |  | 11 |  |  | 14,345 |  |  | 135 |  | 13 |  |  | 14,597 |  |  | 251 |  | 24 |  |  | 28,942 |  |  | 386
GNMA |  | 2 |  |  | 2,270 |  |  | 40 |  | 1 |  |  | 971 |  |  | 42 |  | 3 |  |  | 3,241 |  |  | 82
Total |  | 25 |  | $ | 27,846 |  | $ | 245 |  | 28 |  | $ | 27,511 |  | $ | 518 |  | 53 |  | $ | 55,357 |  | $ | 763
Summary of other investments |
(dollars in thousands) |  | June 30, 2018 |  | December 31, 2017
Federal Home Loan Bank stock |  | $ | 2,524 |  | 3,754
Investment in Trust Preferred securities |  |  | 403 |  | 403
Other investments |  |  | 132 |  | 305
Total other investments |  | $ | 3,059 |  | 4,462

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of other investments not readily marketable, including, but not limited to, description of investment, fair value and value as measured by quoted price. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 820 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35710923&loc=d3e45360-110995 + Details
Name: | us-gaap_ScheduleOfOtherInvestmentsNotReadilyMarketableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition For all investments in an unrealized loss position, including those for which other-than-temporary impairments have not been recognized in earnings (including investments for which a portion of an other-than-temporary impairment has been recognized in other comprehensive income), a tabular disclosure of the aggregate related fair value of investments with unrealized losses and the aggregate amount of unrealized losses (that is, the amount by which amortized cost basis exceeds fair value). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27290-111563 + Details
Name: | us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration