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Investments (Tables)
6 Months Ended
Jun. 30, 2021
Investments [Abstract]  
Unrealized Gain (Loss) On Investments

(Dollars in thousands)

Gross

Gross

Amortized

unrealized

unrealized

Fair

June 30, 2021

cost

gains

losses

value

U.S. Government and Agency securities

$

79,377

$

358

$

(17)

$

79,718

Municipal securities

219,690

8,724

(1,146)

227,268

Corporate securities

24,275

295

(159)

24,411

Agency mortgage-backed securities

115,849

1,694

(420)

117,123

Private-label mortgage-backed securities

20,087

35

(60)

20,062

Asset-backed securities

43,367

381

(83)

43,665

$

502,645

$

11,487

$

(1,885)

$

512,247

(Dollars in thousands)

Gross

Gross

Amortized

unrealized

unrealized

Fair

December 31, 2020

cost

gains

losses

value

U.S. Government and Agency securities

$

12,594

$

20

$

(40)

$

12,574

Municipal securities

236,253

11,020

(219)

247,054

Corporate securities

20,421

22

(155)

20,288

Agency mortgage-backed securities

70,443

1,905

(107)

72,241

Private-label mortgage-backed securities

8,412

56

(15)

8,453

Asset-backed securities

36,246

249

(165)

36,330

$

384,369

$

13,272

$

(701)

$

396,940

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

(Dollars in thousands)

Amortized
cost

Fair
value

Due in one year or less

$

2,804

$

2,829

Due after one year through five years

22,439

23,044

Due after five years through ten years

248,520

256,445

Due after ten years

49,579

49,079

323,342

331,397

Mortgage-backed and asset-backed securities

179,303

180,850

$

502,645

$

512,247

Composition Of Net Realized Securities Gains

For the Three Months Ended

For the Six Months Ended

June 30,

June 30,

(Dollars in thousands)

2021

2020

2021

2020

Proceeds

$

16,060

$

$

16,060

$

165

Gross gains realized

169

169

Gross losses realized

(78)

(78)

(10)

Net gains (losses) realized

$

91

$

$

91

$

(10)

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

$

(19)

$

$

(19)

$

2

Schedule Of Unrealized Loss On Investments The following table reflects temporary impairment in the AFS portfolio, aggregated by investment category, length of time that individual securities have been in a continuous unrealized loss position and the number of securities in each category as of June 30, 2021 and December 31, 2020:

June 30, 2021

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

$

$

$

5,870 

$

(17)

7 

$

5,870 

$

(17)

7 

Municipal securities

45,357 

(1,135)

47 

1,040 

(11)

1 

46,397 

(1,146)

48 

Corporate securities

8,413 

(87)

17 

2,830 

(72)

3 

11,243 

(159)

20 

Agency mortgage-backed securities

44,250 

(415)

37 

1,403 

(5)

3 

45,653 

(420)

40 

Private-label mortgage-backed securities

8,239 

(60)

6 

8,239 

(60)

6 

Asset-backed securities

4,518 

(27)

5 

6,983 

(56)

10 

11,501 

(83)

15 

Total temporarily impaired
  securities

$

110,777 

$

(1,724)

112 

$

18,126 

$

(161)

24 

$

128,903 

$

(1,885)

136 

December 31, 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

$

3,966 

$

(21)

5 

$

4,185 

$

(19)

11 

$

8,151 

$

(40)

16 

Municipal securities

27,022 

(219)

28 

27,022 

(219)

28 

Corporate securities

7,576 

(37)

13 

3,040 

(118)

4 

10,616 

(155)

17 

Agency mortgage-backed securities

18,390 

(101)

17 

3,355 

(6)

5 

21,745 

(107)

22 

Private-label mortgage-backed securities

2,506 

(15)

2 

2,506 

(15)

2 

Asset-backed securities

1,458 

(12)

2 

11,452 

(153)

15 

12,910 

(165)

17 

Total temporarily impaired
  securities

$

60,918 

$

(405)

67 

$

22,032 

$

(296)

35 

$

82,950 

$

(701)

102 

Other Than Temporary Impairment, Credit Losses Recognized In Earnings

Six Months Ended

(Dollars in thousands)

June 30,

2021

2020

Balance of cumulative credit-related OTTI at January 1

$

272

$

272

Decreases for previously recognized credit losses on securities that paid off

(15)

Balance of credit-related OTTI at June 30

$

257

$

272