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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
		December 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

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Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments.

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Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value.

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- 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

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-Publisher FASB
-Name Accounting Standards Codification
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+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
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