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6. Fair Value (Tables) | 3 Months Ended
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Mar. 31, 2019
Fair Value Disclosures [Abstract] |
Available for sale securities measured at fair value on a recurring basis |
(Dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |
|  | March 31, 2019 |
|  | Fair Value Measurements |  |  | Level 1 Valuation |  |  | Level 2 Valuation |  |  | Level 3 Valuation |
Mortgage-backed securities |  | $ | 53,631 |  |  |  | - |  |  |  | 53,631 |  |  |  | - |
U.S. Government |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
sponsored enterprises |  | $ | 33,614 |  |  |  | - |  |  |  | 33,614 |  |  |  | - |
State and political subdivisions |  | $ | 96,933 |  |  |  | - |  |  |  | 96,933 |  |  |  | - |
Trust preferred securities |  | $ | 250 |  |  |  | - |  |  |  | - |  |  |  | 250 |
(Dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |
|  | December 31, 2018 |
|  | Fair Value Measurements |  |  | Level 1 Valuation |  |  | Level 2 Valuation |  |  | Level 3 Valuation |
Mortgage-backed securities |  | $ | 52,103 |  |  |  | - |  |  |  | 52,103 |  |  |  | - |
U.S. Government |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
sponsored enterprises |  | $ | 34,634 |  |  |  | - |  |  |  | 34,634 |  |  |  | - |
State and political subdivisions |  | $ | 107,591 |  |  |  | - |  |  |  | 107,591 |  |  |  | - |
Trust preferred securities |  | $ | 250 |  |  |  | - |  |  |  | - |  |  |  | 250 |
Fair value measurements of investment securities available for sale using Level 3 significant unobservable inputs |
(Dollars in thousands) |  |  |
|  | Investment Securities Available for Sale |
|  | Level 3 Valuation |
Balance, beginning of period |  | $ | 250 |
Change in book value |  |  | - |
Change in gain/(loss) realized and unrealized |  |  | - |
Purchases/(sales and calls) |  |  | - |
Transfers in and/or (out) of Level 3 |  |  | - |
Balance, end of period |  | $ | 250 |
Change in unrealized gain/(loss) for assets still held in Level 3 |  | $ | - |
Fair value measurements for mortgage loans held for sale, impaired loans and other real estate on a non-recurring basis |
(Dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |
|  | Fair Value Measurements March 31, 2019 |  |  | Level 1 Valuation |  |  | Level 2 Valuation |  |  | Level 3 Valuation |
Mortgage loans held for sale |  | $ | 361 |  |  |  | - |  |  |  | - |  |  |  | 361 |
Impaired loans |  | $ | 25,154 |  |  |  | - |  |  |  | - |  |  |  | 25,154 |
Other real estate |  | $ | 27 |  |  |  | - |  |  |  | - |  |  |  | 27 |
(Dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |
|  | Fair Value Measurements December 31, 2018 |  |  | Level 1 Valuation |  |  | Level 2 Valuation |  |  | Level 3 Valuation |
Mortgage loans held for sale |  | $ | 680 |  |  |  | - |  |  |  | - |  |  |  | 680 |
Impaired loans |  | $ | 21,695 |  |  |  | - |  |  |  | - |  |  |  | 21,695 |
Other real estate |  | $ | 27 |  |  |  | - |  |  |  | - |  |  |  | 27 |
(Dollars in thousands) |  |  |  |  |  |  |  |
|  | Fair Value March 31, 2019 |  | Fair Value December 31, 2018 |  | Valuation Technique |  | Significant Unobservable Inputs |  | General Range of Significant Unobservable Input Values
Mortgage loans held for sale |  | $ | 361 |  |  |  | 680 |  |  | Rate lock commitment |  | N/A |  | N/A
Impaired loans |  | $ | 25,154 |  |  |  | 21,695 |  |  | Appraised value and discounted cash flows |  | Discounts to reflect current market conditions and ultimate collectability |  | 0 - 25%
Other real estate |  | $ | 27 |  |  |  | 27 |  |  | Appraised value |  | Discounts to reflect current market conditions and estimated costs to sell |  | 0 - 25%
Carrying amount and estimated fair value of the Company's financial instruments |
(Dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  | Fair Value Measurements at March 31, 2019 |
|  | Carrying Amount |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 51,214 |  |  |  | 51,214 |  |  |  | - |  |  |  | - |  |  |  | 51,214 |
Investment securities available for sale |  | $ | 184,428 |  |  |  | - |  |  |  | 184,178 |  |  |  | 250 |  |  |  | 184,428 |
Other investments |  | $ | 4,329 |  |  |  | - |  |  |  | - |  |  |  | 4,329 |  |  |  | 4,329 |
Mortgage loans held for sale |  | $ | 361 |  |  |  | - |  |  |  | - |  |  |  | 361 |  |  |  | 361 |
Loans, net |  | $ | 816,996 |  |  |  | - |  |  |  | - |  |  |  | 795,070 |  |  |  | 795,070 |
Cash surrender value of life insurance |  | $ | 16,031 |  |  |  | - |  |  |  | 16,031 |  |  |  | - |  |  |  | 16,031 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  | $ | 908,114 |  |  |  | - |  |  |  | - |  |  |  | 888,492 |  |  |  | 888,492 |
Securities sold under agreements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
to repurchase |  | $ | 41,231 |  |  |  | - |  |  |  | 41,231 |  |  |  | - |  |  |  | 41,231 |
Junior subordinated debentures |  | $ | 20,619 |  |  |  | - |  |  |  | 20,619 |  |  |  | - |  |  |  | 20,619 |
(Dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  | Fair Value Measurements at December 31, 2018 |
|  | Carrying Amount |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 43,370 |  |  |  | 43,370 |  |  |  | - |  |  |  | - |  |  |  | 43,370 |
Investment securities available for sale |  | $ | 194,578 |  |  |  | - |  |  |  | 194,328 |  |  |  | 250 |  |  |  | 194,578 |
Other investments |  | $ | 4,361 |  |  |  | - |  |  |  | - |  |  |  | 4,361 |  |  |  | 4,361 |
Mortgage loans held for sale |  | $ | 680 |  |  |  | - |  |  |  | - |  |  |  | 680 |  |  |  | 680 |
Loans, net |  | $ | 797,578 |  |  |  | - |  |  |  | - |  |  |  | 748,917 |  |  |  | 748,917 |
Cash surrender value of life insurance |  | $ | 15,936 |  |  |  | - |  |  |  | 15,936 |  |  |  | - |  |  |  | 15,936 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  | $ | 877,213 |  |  |  | - |  |  |  | - |  |  |  | 857,999 |  |  |  | 857,999 |
Securities sold under agreements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
to repurchase |  | $ | 58,095 |  |  |  | - |  |  |  | 58,095 |  |  |  | - |  |  |  | 58,095 |
Junior subordinated debentures |  | $ | 20,619 |  |  |  | - |  |  |  | 20,619 |  |  |  | - |  |  |  | 20,619 |

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