XML 59 R38.htm IDEA: XBRL DOCUMENT

15. Fair Value of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2017

Fair Value Disclosures [Abstract]

Carrying amount and estimated fair value of the Company's financial instruments

(Dollars in thousands)
						Fair Value Measurements at December 31, 2017
		Carrying Amount				Level 1				Level 2				Level 3				Total
Assets:
Cash and cash equivalents		$	53,186				53,186				-				-				53,186
Investment securities available for sale		$	229,321				-				229,071				250				229,321
Other investments		$	1,830				-				-				1,830				1,830
Mortgage loans held for sale		$	857				-				-				857				857
Loans, net		$	753,398				-				-				735,837				735,837
Cash surrender value of life insurance		$	15,552				-				15,552				-				15,552

Liabilities:
Deposits		$	906,952				-				-				894,932				894,932
Securities sold under agreements
to repurchase		$	37,757				-				37,757				-				37,757
Junior subordinated debentures		$	20,619				-				20,619				-				20,619

(Dollars in thousands)
						Fair Value Measurements at December 31, 2016
		Carrying Amount				Level 1				Level 2				Level 3				Total
Assets:
Cash and cash equivalents		$	70,094				70,094				-				-				70,094
Investment securities available for sale		$	249,946				-				249,196				750				249,946
Other investments		$	2,635				-				-				2,635				2,635
Mortgage loans held for sale		$	5,709				-				-				5,709				5,709
Loans, net		$	716,261				-				-				720,675				720,675
Cash surrender value of life insurance		$	14,952				-				14,952				-				14,952

Liabilities:
Deposits		$	892,918				-				-				884,510				884,510
Securities sold under agreements
to repurchase		$	36,434				-				36,434				-				36,434
FHLB borrowings		$	20,000				-				18,864				-				18,864
Junior subordinated debentures		$	20,619				-				20,619				-				20,619