XML 44 R33.htm IDEA: XBRL DOCUMENT v3.19.2

Fair Value Measurements And Fair Values Of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2019

Fair Value Measurements And Fair Values Of Financial Instruments [Abstract]

Fair Value, By Balance Sheet Grouping



	June 30, 2019
	Carrying			Fair
(Dollars in thousands)	Amount			Value			Level 1			Level 2			Level 3
Financial assets, carried at cost:
Cash and cash equivalents	$	82,447		$	82,447		$	82,447		$	—		$	—
Restricted stock		465			465			—			465			—
Loans held for sale		692			692						692
Net loans		969,904			959,048			—			—			959,048
Accrued interest receivable		4,246			4,246			—			4,246			—

Financial assets, available for sale
Debt securities		129,422			129,422			—			129,422			—

Financial assets, fair value
Equity securities		390			390			390			—			—

Financial liabilities:
Deposits	$	1,113,049		$	1,113,351		$	—		$	1,113,351		$	—
Accrued interest payable		411			411			—			411			—

	December 31, 2018
	Carrying			Fair
(Dollars in thousands)	Amount			Value			Level 1			Level 2			Level 3
Financial assets, carried at cost:
Cash and cash equivalents	$	52,957		$	52,957		$	52,957		$	—		$	—
Restricted stock		452			452			—			452			—
Loans held for sale		118			118			—			118			—
Net loans		960,960			941,930			—			—			941,930
Accrued interest receivable		4,103			4,103			—			4,103			—

Financial assets, available for sale
Debt securities		131,472			131,472			—			131,472			—

Financial assets, fair value
Equity securities		374			374			374			—			—

Financial liabilities:
Deposits	$	1,082,629		$	1,082,425		$	—		$	1,082,425		$	—
Accrued interest payable		193			193			—			193			—




Schedule Of Fair Value, Assets And Liabilities Measured On Recurring Basis









(Dollars in Thousands		Fair Value at June 30, 2019
Asset  Description		Level 1			Level 2			Level 3			Total
Equity securities, at fair value		$	390		$	—		$	—		$	390

Available for sale:
  U.S. Government and Agency securities			—			10,555			—			10,555
  Municipal securities			—			60,894			—			60,894
  Trust Preferred Securities			—			3,896			—			3,896
  Agency mortgage-backed securities			—			46,925			—			46,925
   Private-label mortgage-backed securities			—			476			—			476
  Asset-backed securities			—			6,676			—			6,676
Total assets		$	390		$	129,422		$	—		$	129,812








(Dollars in Thousands)		Fair Value at December 31, 2018
Asset  Description		Level 1			Level 2			Level 3			Total
Equity securities, at fair value		$	374		$	—		$	—		$	374

Available for sale:
  U.S. Government and Agency securities			—			9,076			—			9,076
  Municipal securities			—			67,647			—			67,647
  Trust Preferred Securities			—			3,758			—			3,758
  Agency mortgage-backed securities			—			44,658			—			44,658
   Private-label mortgage-backed securities			—			488			—			488
  Asset-backed securities			—			5,845			—			5,845
Total assets		$	374		$	131,472		$	—		$	131,846




Schedule Of Fair Value On A Nonrecurring Basis














(Dollars in Thousands)		Fair Value at June 30, 2019
Asset  Description		Level 1			Level 2			Level 3			Total
Impaired loans (1)		$	—		$	—		$	2,971		$	2,971
Total assets		$	—		$	—		$	2,971		$	2,971







(Dollars in Thousands)		Fair Value at December 31, 2018
Asset  Description		Level 1			Level 2			Level 3			Total
Other real estate owned (1)		$	—		$	—		$	71		$	71
Total assets		$	—		$	—		$	71		$	71

(1) Includes assets directly charged-down to fair value during the year-to-date period.

X

- Definition

Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (bbb)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19190-110258

+ Details

Name:	us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=109250915&loc=d3e13467-108611

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_FairValueDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19190-110258

+ Details

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration