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Investments (Tables)
9 Months Ended
Sep. 30, 2020
Investments [Abstract]  
Unrealized Gain (Loss) On Investments

(Dollars in thousands)

Gross

Gross

Amortized

unrealized

unrealized

Fair

September 30, 2020

cost

gains

losses

value

U.S. Government and Agency securities

$

11,883

$

29

$

(49)

$

11,863

Municipal securities

213,206

8,497

(270)

221,433

Trust preferred and Corporate securities

10,915

2

(223)

10,694

Agency mortgage-backed securities

62,438

1,977

(35)

64,380

Private-label mortgage-backed securities

5,807

22

(19)

5,810

Asset-backed securities

32,681

59

(447)

32,293

$

336,930

$

10,586

$

(1,043)

$

346,473

(Dollars in thousands)

Gross

Gross

Amortized

unrealized

unrealized

Fair

December 31, 2019

cost

gains

losses

value

U.S. Government and Agency securities

$

8,418

$

30

$

(20)

$

8,428

Municipal securities

90,865

1,418

(997)

91,286

Trust preferred and Corporate securities

4,097

(130)

3,967

Agency mortgage-backed securities

58,503

435

(234)

58,704

Private-label mortgage-backed securities

398

31

429

Asset-backed securities

24,918

6

(305)

24,619

$

187,199

$

1,920

$

(1,686)

$

187,433

Amortized Cost And Fair Value Of Debt Securities, By Contractual Maturity

(Dollars in thousands)

Amortized
cost

Fair
value

Due in one year or less

$

5,925

$

5,960

Due after one year through five years

23,217

23,715

Due after five years through ten years

174,099

180,496

Due after ten years

32,763

33,819

236,004

243,990

Mortgage-backed and asset-backed securities

100,926

102,483

$

336,930

$

346,473

Composition Of Net Realized Securities Gains

For the Three Months Ended

For the Nine Months Ended

September 30,

September 30,

(Dollars in thousands)

2020

2019

2020

2019

Proceeds

$

1,225

$

1,826

$

1,390

$

18,781

Gross gains realized

7

4

7

285

Gross losses realized

(23)

(1)

(33)

(29)

Net (losses) gains realized

$

(16)

$

3

$

(26)

$

256

Tax benefit (provision) on net (losses) gains realized

$

3

$

(1)

$

5

$

(54)

Schedule Of Unrealized Loss On Investments

September 30, 2020

Less than 12 months

12 months or more

Total

Fair

Unrealized

Fair

Unrealized

Fair

Unrealized

(Dollars in thousands)

Value

Losses

Count

Value

Losses

Count

Value

Losses

Count

U.S. Government and Agency
  securities

$

6,127 

$

(32)

7 

$

2,372 

$

(17)

10 

$

8,499 

$

(49)

17 

Municipal securities

37,067 

(270)

37 

37,067 

(270)

37 

Trust preferred and Corporate securities

2,898 

(64)

5 

2,994 

(159)

4 

5,892 

(223)

9 

Agency mortgage-backed securities

9,011 

(29)

8 

3,479 

(6)

5 

12,490 

(35)

13 

Private-label mortgage-backed securities

3,473 

(19)

1 

3,473 

(19)

1 

Asset-backed securities

14,934 

(156)

16 

8,635 

(291)

12 

23,569 

(447)

28 

Total temporarily impaired
  securities

$

73,510 

$

(570)

74 

$

17,480 

$

(473)

31 

$

90,990 

$

(1,043)

105 

December 31, 2019

Less than 12 months

12 months or more

Total

Fair

Unrealized

Fair

Unrealized

Fair

Unrealized

(Dollars in thousands)

Value

Losses

Count

Value

Losses

Count

Value

Losses

Count

U.S. Government and Agency
  securities

$

2,559 

$

(12)

6 

$

1,335 

$

(8)

7 

$

3,894 

$

(20)

13 

Municipal securities

38,874 

(966)

40 

2,655 

(31)

4 

41,529 

(997)

44 

Trust preferred and Corporate securities

3,967 

(130)

5 

3,967 

(130)

5 

Agency mortgage-backed securities

21,185 

(185)

32 

6,555 

(49)

22 

27,740 

(234)

54 

Asset-backed securities

17,644 

(128)

19 

5,669 

(177)

9 

23,313 

(305)

28 

Total temporarily impaired
  securities

$

80,262 

$

(1,291)

97 

$

20,181 

$

(395)

47 

$

100,443 

$

(1,686)

144 

Other Than Temporary Impairment, Credit Losses Recognized In Earnings

Nine Months Ended

(Dollars in thousands)

September 30,

2020

2019

Balance of cumulative credit-related OTTI at January 1

$

272

$

272

Additions for credit-related OTTI not previously recognized

Additional increases for credit-related OTTI previously recognized when there is

no intent to sell and no requirement to sell before recovery of amortized cost basis

Decreases for previously recognized credit-related OTTI because there was an intent to sell

Reduction for increases in cash flows expected to be collected

Balance of credit-related OTTI at September 30

$

272

$

272