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INVESTMENT SECURITIES (Tables) | 12 Months Ended
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Dec. 31, 2020
Investments, Debt and Equity Securities [Abstract] |
The amortized cost and estimated fair values of investment securities are summarized below: | The amortized cost and estimated fair values of investment securities are summarized below: AVAILABLE-FOR-SALE:
Investment Securities |
(Dollars in thousands) |  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  | Fair Value |
December 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |
US Treasury securities |  | $ | 1,501 |  |  | $ | 1 |  |  | $ | — |  |  | $ | 1,502 |
Government Sponsored Enterprises |  |  | 996 |  |  |  | 10 |  |  |  | — |  |  |  | 1,006 |
Mortgage-backed securities |  |  | 222,739 |  |  |  | 7,375 |  |  |  | 185 |  |  |  | 229,929 |
Small Business Administration pools |  |  | 34,577 |  |  |  | 928 |  |  |  | 7 |  |  |  | 35,498 |
State and local government |  |  | 82,495 |  |  |  | 6,184 |  |  |  | 76 |  |  |  | 88,603 |
Corporate and other securities |  |  | 3,272 |  |  |  | 56 |  |  |  | — |  |  |  | 3,328 |
|  | $ | 345,580 |  |  | $ | 14,554 |  |  | $ | 268 |  |  | $ | 359,866 |
(Dollars in thousands) |  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  | Fair Value |
December 31, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
US Treasury securities |  | $ | 7,190 |  |  | $ | 16 |  |  | $ | 3 |  |  | $ | 7,203 |
Government Sponsored Enterprises |  |  | 984 |  |  |  | 17 |  |  |  | — |  |  |  | 1,001 |
Mortgage-backed securities |  |  | 182,736 |  |  |  | 1,490 |  |  |  | 640 |  |  |  | 183,586 |
Small Business Administration pools |  |  | 45,301 |  |  |  | 259 |  |  |  | 217 |  |  |  | 45,343 |
State and local government |  |  | 47,418 |  |  |  | 2,371 |  |  |  | 141 |  |  |  | 49,648 |
Other securities |  |  | 19 |  |  |  | — |  |  |  | — |  |  |  | 19 |
|  | $ | 283,648 |  |  | $ | 4,153 |  |  | $ | 1,001 |  |  | $ | 286,800 |
The amortized cost and fair value of investment securities at December 31, 2020, by expected maturity, follow. | The amortized cost and fair value of investment securities at December 31, 2020, by expected maturity, follow. Expected maturities differ from contractual maturities because borrowers may have the right to call or prepay the obligations with or without prepayment penalties. Mortgage-backed securities are included in the year corresponding with the remaining expected life. There were no Held-to-maturity securities as of December 31, 2020.
Investment Securities (Details 2) |
(Dollars in thousands) |  | Available-for-sale |
|  | Amortized Cost |  |  | Fair Value |
Due in one year or less |  | $ | 11,013 |  |  | $ | 11,163 |
Due after one year through five years |  |  | 139,664 |  |  |  | 144,358 |
Due after five years through ten years |  |  | 139,982 |  |  |  | 148,563 |
Due after ten years |  |  | 54,921 |  |  |  | 55,782 |
|  | $ | 345,580 |  |  | $ | 359,866 |
The following tables show gross unrealized losses and fair values, aggregated by investment category and length of time that individual securities have been in a continuous loss position at December 31, 2020 and December 31, 2019. | The following tables show gross unrealized losses and fair values, aggregated by investment category and length of time that individual securities have been in a continuous loss position at December 31, 2020 and December 31, 2019.
Investment Securities (Details 3) |
|  | Less than 12 months |  |  | 12 months or more |  |  | Total |
December 31, 2020 (Dollars in thousands) |  | Fair Value |  |  | Unrealized Loss |  |  | Fair Value |  |  | Unrealized Loss |  |  | Fair Value |  |  | Unrealized Loss |
Available-for-sale securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Mortgage-Backed Securities |  | $ | 21,298 |  |  | $ | 152 |  |  | $ | 1,414 |  |  | $ | 33 |  |  | $ | 22,712 |  |  | $ | 185 |
Small Business Administration pools |  |  | — |  |  |  | — |  |  |  | 1,323 |  |  |  | 7 |  |  |  | 1,323 |  |  |  | 7 |
State and local government |  |  | 4,930 |  |  |  | 76 |  |  |  | — |  |  |  | — |  |  |  | 4,930 |  |  |  | 76 |
Total |  | $ | 26,228 |  |  | $ | 228 |  |  | $ | 2,737 |  |  | $ | 40 |  |  | $ | 28,965 |  |  | $ | 268 |
|  | Less than 12 months |  |  | 12 months or more |  |  | Total |
December 31, 2019 (Dollars in thousands) |  | Fair Value |  |  | Unrealized Loss |  |  | Fair Value |  |  | Unrealized Loss |  |  | Fair Value |  |  | Unrealized Loss |
Available-for-sale securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
US Treasury |  | $ | — |  |  | $ | — |  |  | $ | 1,508 |  |  | $ | 3 |  |  | $ | 1,508 |  |  | $ | 3 |
Mortgage-backed securities |  |  | 57,175 |  |  |  | 485 |  |  |  | 12,419 |  |  |  | 155 |  |  |  | 69,594 |  |  |  | 640 |
Small Business Administration pools |  |  | 7,891 |  |  |  | 53 |  |  |  | 13,502 |  |  |  | 164 |  |  |  | 21,393 |  |  |  | 217 |
State and local government |  |  | 5,695 |  |  |  | 141 |  |  |  | — |  |  |  | — |  |  |  | 5,695 |  |  |  | 141 |
Total |  | $ | 70,761 |  |  | $ | 679 |  |  | $ | 27,429 |  |  | $ | 322 |  |  | $ | 98,190 |  |  | $ | 1,001 |

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