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Investment Securities (Tables) | 3 Months Ended
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Mar. 31, 2019
Investment Securities [Abstract] |
Summary of amortized costs and fair value of investment securities |
|  | March 31, 2019
|  | Amortized | Gross Unrealized |  | Fair
(dollars in thousands) |  | Cost |  | Gains |  | Losses |  | Value
Available for sale |  |  |  |  |  |  |  |  |
US government agencies |  | $ | 8,970 |  | 1 |  | 75 |  | 8,896
SBA securities |  |  | 3,441 |  | - |  | 52 |  | 3,389
State and political subdivisions |  |  | 8,061 |  | 127 |  | 13 |  | 8,175
Asset-backed securities |  |  | 9,504 |  | - |  | 78 |  | 9,426
Mortgage-backed securities |  |  |  |  |  |  |  |  |
FHLMC |  |  | 11,873 |  | 147 |  | 135 |  | 11,885
FNMA |  |  | 27,777 |  | 45 |  | 364 |  | 27,458
GNMA |  |  | 4,154 |  | 3 |  | 86 |  | 4,071
Total mortgage-backed securities |  |  | 43,804 |  | 195 |  | 585 |  | 43,414
Total investment securities available for sale |  | $ | 73,780 |  | 323 |  | 803 |  | 73,300
|  | December 31, 2018
|  |  | Amortized | Gross Unrealized |  | Fair
|  |  | Cost |  | Gains |  | Losses |  | Value
Available for sale |  |  |  |  |  |  |  |  |
US government agencies |  | $ | 8,975 |  | 1 |  | 194 |  | 8,782
SBA securities |  |  | 3,628 |  | - |  | 103 |  | 3,525
State and political subdivisions |  |  | 8,371 |  | 48 |  | 63 |  | 8,356
Asset-backed securities |  |  | 9,595 |  | 12 |  | 49 |  | 9,558
Mortgage-backed securities |  |  |  |  |  |  |  |  |
FHLMC |  |  | 12,258 |  | 87 |  | 242 |  | 12,103
FNMA |  |  | 29,068 |  | 25 |  | 551 |  | 28,542
GNMA |  |  | 4,170 |  | 1 |  | 132 |  | 4,039
Total mortgage-backed securities |  |  | 45,496 |  | 113 |  | 925 |  | 44,684
Total |  | $ | 76,065 |  | 174 |  | 1,334 |  | 74,905
Summary of fair values investment securities available for contractual maturities |
|  | March 31, 2019
|  | 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 |  | $ | - |  | - |  | 3,418 |  | 2.06% |  | 5,478 |  | 2.90% |  | - |  | - |  | 8,896 |  | 2.58%
SBA securities |  |  | - |  | - |  | - |  | - |  | - |  | - |  | 3,389 |  | 2.78% |  | 3,389 |  | 2.78%
State and political subdivisions |  |  | - |  | - |  | 1,130 |  | 2.96% |  | 4,145 |  | 6.74% |  | 2,900 |  | 2.87% |  | 8,175 |  | 4.84%
Asset-backed securities |  |  | - |  | - |  | - |  | - |  | 1,776 |  | 3.21% |  | 7,651 |  | 3.26% |  | 9,426 |  | 3.25%
Mortgage-backed securities |  |  | - |  | - |  | 4,864 |  | 1.92% |  | 9,396 |  | 2.22% |  | 29,153 |  | 2.78% |  | 43,414 |  | 2.61%
Total |  | $ | - |  | - |  | 9,412 |  | 2.10% |  | 20,795 |  | 3.11% |  | 43,093 |  | 2.92% |  | 73,300 |  | 2.94%
|  | December 31, 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 |  | $ | - |  | - |  | 2,665 |  | 2.12% |  | 6,117 |  | 2.77% |  | - |  | - |  | 8,782 |  | 2.57%
SBA securities |  |  | - |  | - |  | - |  | - |  | - |  | - |  | 3,525 |  | 2.72% |  | 3,525 |  | 2.72%
State and political subdivisions |  |  | - |  | - |  | 819 |  | 2.60% |  | 4,637 |  | 3.04% |  | 2,900 |  | 2.88% |  | 8,356 |  | 2.94%
Asset-backed securities |  |  | - |  | - |  | - |  | - |  | 1,862 |  | 3.22% |  | 7,696 |  | 3.29% |  | 9,558 |  | 3.27%
Mortgage-backed securities |  |  | - |  | - |  | 5,094 |  | 1.89% |  | 9,763 |  | 2.22% |  | 29,827 |  | 2.70% |  | 44,684 |  | 2.50%
Total |  | $ | - |  | - |  | 8,578 |  | 2.03% |  | 22,379 |  | 2.62% |  | 43,948 |  | 2.81% |  | 74,905 |  | 2.67%
Summary of gross unrealized losses on investment securities and fair market value of related securities |
|  | March 31, 2019
|  | 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 |  | 1 |  | $ | 499 |  | $ | 1 |  | 8 |  | $ | 7,147 |  | $ | 74 |  | 9 |  | $ | 7,646 |  | $ | 75
SBA securities |  | - |  |  | - |  |  | - |  | 2 |  |  | 3,389 |  |  | 52 |  | 2 |  |  | 3,389 |  |  | 52
State and political subdivisions |  | - |  |  | - |  |  | - |  | 4 |  |  | 1,561 |  |  | 13 |  | 4 |  |  | 1,561 |  |  | 13
Asset-backed securities |  | 5 |  |  | 7,651 |  |  | 70 |  | 1 |  |  | 1,775 |  |  | 8 |  | 6 |  |  | 9,426 |  |  | 78
Mortgage-backed securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
FHLMC |  | - |  |  | - |  |  | - |  | 10 |  |  | 7,218 |  |  | 135 |  | 10 |  |  | 7,218 |  |  | 135
FNMA |  | 1 |  |  | 887 |  |  | 7 |  | 22 |  |  | 20,143 |  |  | 357 |  | 23 |  |  | 21,030 |  |  | 364
GNMA |  | - |  |  | - |  |  | - |  | 3 |  |  | 2,947 |  |  | 86 |  | 3 |  |  | 2,947 |  |  | 86
Total |  | 7 |  | $ | 9,037 |  | $ | 78 |  | 50 |  | $ | 44,180 |  | $ | 725 |  | 57 |  | $ | 53,217 |  | $ | 803
|  | December 31, 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 |  | 1 |  | $ | 1,246 |  | $ | 3 |  | 8 |  | $ | 7,035 |  | $ | 191 |  | 9 |  | $ | 8,281 |  | $ | 194
SBA securities |  | - |  |  | - |  |  | - |  | 2 |  |  | 3,525 |  |  | 103 |  | 2 |  |  | 3,525 |  |  | 103
State and political subdivisions |  | - |  |  | - |  |  | - |  | 7 |  |  | 2,829 |  |  | 63 |  | 7 |  |  | 2,829 |  |  | 63
Asset-backed securities |  | 4 |  |  | 6,707 |  |  | 49 |  | - |  |  | - |  |  | - |  | 4 |  |  | 6,707 |  |  | 49
Mortgage-backed securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
FHLMC |  | - |  |  | - |  |  | - |  | 10 |  |  | 7,402 |  |  | 242 |  | 10 |  |  | 7,402 |  |  | 242
FNMA |  | 2 |  |  | 2,689 |  |  | 6 |  | 23 |  |  | 22,814 |  |  | 545 |  | 25 |  |  | 25,503 |  |  | 551
GNMA |  | 1 |  |  | 1,104 |  |  | 6 |  | 3 |  |  | 2,919 |  |  | 126 |  | 4 |  |  | 4,023 |  |  | 132
Total |  | 8 |  | $ | 11,746 |  | $ | 64 |  | 53 |  | $ | 46,524 |  | $ | 1,270 |  | 61 |  | $ | 58,270 |  | $ | 1,334
Summary of other investments |
(dollars in thousands) |  | March 31, 2019 |  | December 31, 2018
Federal Home Loan Bank stock |  | $ | 2,774 |  | 3,587
Other investments |  |  | 132 |  | 131
Investment in Trust Preferred securities |  |  | 403 |  | 403
Total other investments |  | $ | 3,309 |  | 4,121

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