XML 63 R47.htm IDEA: XBRL DOCUMENT

Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2020

Fair Value Measurements

Schedule of assets and liabilities recorded at fair value on a recurring basis


					Fair Value Measurements
					Quoted Prices
					in Active
					Markets for			Other			Significant
					Identical			Observable			Unobservable
					Assets			Inputs			Inputs
(in thousands)		Fair Value			(Level 1)			(Level 2)			(Level 3)
December 31, 2020
Assets:
U.S. Treasury		$	2,798		$	2,798			—		$	—
U.S. government and federal agency obligations			11,929			—			11,929			—
U.S. government-sponsored enterprises			22,874			—			22,874			—
Obligations of states and political subdivisions			58,744			—			58,744			—
Mortgage-backed securities			90,112			—			90,112			—
Other debt securities			10,344			—			10,344			—
Bank-issued trust preferred securities			1,229			—			1,229			—
Equity securities			32			32			—			—
Mortgage servicing rights			2,445			—			—			2,445
Total		$	200,507		$	2,830		$	195,232		$	2,445

December 31, 2019
Assets:
U.S. Treasury		$	995		$	995			—		$	—
U.S. government and federal agency obligations			8,047			—			8,047			—
U.S. government-sponsored enterprises			22,283			—			22,283			—
Obligations of states and political subdivisions			33,789			—			33,789			—
Mortgage-backed securities			105,616			—			105,616			—
Other debt securities			3,053			—			3,053			—
Bank-issued trust preferred securities			1,310			—			1,310			—
Equity securities			13			13			—			—
Mortgage servicing rights			2,482			—			—			2,482
Total		$	177,588		$	1,008		$	174,098		$	2,482

Schedule of summary of changes in Level 3 assets and liabilities measured at fair value on a recurring basis



		Fair Value Measurements Using
		Significant Unobservable Inputs
		(Level 3)
(in thousands)		Mortgage Servicing Rights
Balance at December 31, 2018		$	2,931
Total (losses) or gains (realized/unrealized):
Included in earnings			(739)
Included in other comprehensive income			—
Purchases			—
Sales			—
Issues			290
Settlements			—
Balance at December 31, 2019		$	2,482
Balance at beginning of period
Total (losses) or gains (realized/unrealized):
Included in earnings			(903)
Included in other comprehensive income			—
Purchases			—
Sales			—
Issues			866
Settlements			—
Balance at December 31, 2020		$	2,445

Schedule of valuation methods for instruments measured at fair value on a nonrecurring basis


					Fair Value Measurements Using
					Quoted Prices
					in Active
					Markets for			Other			Significant
					Identical			Observable			Unobservable
		Total			Assets			Inputs			Inputs			Total Gains
(in thousands)		Fair Value			(Level 1)			(Level 2)			(Level 3)			(Losses)*
December 31, 2020
Assets:
Collateral dependent impaired loans:
Commercial, financial, & agricultural		$	4,505		$	—		$	—		$	4,505		$	(52)
Real estate mortgage - residential			417			—			—			417			(52)
Real estate mortgage - commercial			22,581			—			—			22,581			(39)
Installment and other consumer			—			—			—			—			(21)
Total		$	27,503		$	—		$	—		$	27,503		$	(164)
Other real estate and repossessed assets		$	12,291		$	—		$	—		$	12,291		$	219

December 31, 2019
Assets:
Collateral dependent impaired loans:
Commercial, financial, & agricultural		$	379		$	—		$	—		$	379		$	(132)
Real estate construction - commercial			137			—			—			137			—
Real estate mortgage - residential			1,028			—			—			1,028			(45)
Real estate mortgage - commercial			1,119			—			—			1,119			(18)
Installment and other consumer			12			—			—			12			(12)
Total		$	2,675		$	—		$	—		$	2,675		$	(207)
Other real estate and repossessed assets		$	12,781		$	—		$	—		$	12,781		$	(157)

*	Total gains (losses) reported for other real estate owned and repossessed assets includes charge-offs, valuation write-downs, and net losses taken during the periods reported.