XML 45 R29.htm IDEA: XBRL DOCUMENT
v3.20.4

2. Investment Securities (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Investments, Debt and Equity Securities [Abstract] |
Investment securities available for sale |
|  | December 31, 2020 |
|  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  | Estimated Fair Value |
Mortgage-backed securities |  | $ | 143,095 |  |  |  | 2,812 |  |  |  | 593 |  |  |  | 145,314 |
U.S. Government |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
sponsored enterprises |  |  | 7,384 |  |  |  | 331 |  |  |  | 208 |  |  |  | 7,507 |
State and political subdivisions |  |  | 87,757 |  |  |  | 4,758 |  |  |  | 87 |  |  |  | 92,428 |
Total |  | $ | 238,236 |  |  |  | 7,901 |  |  |  | 888 |  |  |  | 245,249 |
|  | December 31, 2019 |
|  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  | Estimated Fair Value |
Mortgage-backed securities |  | $ | 77,812 |  |  |  | 1,371 |  |  |  | 227 |  |  |  | 78,956 |
U.S. Government |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
sponsored enterprises |  |  | 28,265 |  |  |  | 443 |  |  |  | 311 |  |  |  | 28,397 |
State and political subdivisions |  |  | 84,686 |  |  |  | 3,657 |  |  |  | 200 |  |  |  | 88,143 |
Trust preferred securities |  |  | 250 |  |  |  | - |  |  |  | - |  |  |  | 250 |
Total |  | $ | 191,013 |  |  |  | 5,471 |  |  |  | 738 |  |  |  | 195,746 |
Current fair value and associated unrealized losses on investments in debt securities with unrealized losses |
|  | December 31, 2020 |
|  | Less than 12 Months |  |  | 12 Months or More |  |  | Total |
|  | Fair Value |  |  | Unrealized Losses |  |  | Fair Value |  |  | Unrealized Losses |  |  | Fair Value |  |  | Unrealized Losses |
Mortgage-backed securities |  | $ | 80,827 |  |  |  | 565 |  |  |  | 4,762 |  |  |  | 28 |  |  |  | 85,589 |  |  |  | 593 |
U.S. Government |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
sponsored enterprises |  |  | - |  |  |  | - |  |  |  | 4,193 |  |  |  | 208 |  |  |  | 4,193 |  |  |  | 208 |
State and political subdivisions |  |  | 7,126 |  |  |  | 87 |  |  |  | - |  |  |  | - |  |  |  | 7,126 |  |  |  | 87 |
Total |  | $ | 87,953 |  |  |  | 652 |  |  |  | 8,955 |  |  |  | 236 |  |  |  | 96,908 |  |  |  | 888 |
|  | December 31, 2019 |
|  | Less than 12 Months |  |  | 12 Months or More |  |  | Total |
|  | Fair Value |  |  | Unrealized Losses |  |  | Fair Value |  |  | Unrealized Losses |  |  | Fair Value |  |  | Unrealized Losses |
Mortgage-backed securities |  | $ | 28,395 |  |  |  | 177 |  |  |  | 6,351 |  |  |  | 50 |  |  |  | 34,746 |  |  |  | 227 |
U.S. Government |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
sponsored enterprises |  |  | 2,899 |  |  |  | 10 |  |  |  | 6,151 |  |  |  | 301 |  |  |  | 9,050 |  |  |  | 311 |
State and political subdivisions |  |  | 7,367 |  |  |  | 200 |  |  |  | - |  |  |  | - |  |  |  | 7,367 |  |  |  | 200 |
Total |  | $ | 38,661 |  |  |  | 387 |  |  |  | 12,502 |  |  |  | 351 |  |  |  | 51,163 |  |  |  | 738 |
Amortized cost and estimated fair value of investment securities available for sale by contractual maturity |
December 31, 2020 |  |  |  |  |  |
(Dollars in thousands) |  |  |  |  |  |
|  | Amortized Cost |  |  | Estimated Fair Value |
Due within one year |  | $ | 10,576 |  |  |  | 10,705 |
Due from one to five years |  |  | 15,236 |  |  |  | 15,997 |
Due from five to ten years |  |  | 62,014 |  |  |  | 65,826 |
Due after ten years |  |  | 7,315 |  |  |  | 7,407 |
Mortgage-backed securities |  |  | 143,095 |  |  |  | 145,314 |
Total |  | $ | 238,236 |  |  |  | 245,249 |
Available for sale securities measured at fair value on a recurring basis |
|  | December 31, 2020 |
|  | Fair Value Measurements |  |  | Level 1 Valuation |  |  | Level 2 Valuation |  |  | Level 3 Valuation |
Mortgage-backed securities |  | $ | 145,314 |  |  |  | - |  |  |  | 145,314 |  |  |  | - |
U.S. Government |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
sponsored enterprises |  | $ | 7,507 |  |  |  | - |  |  |  | 7,507 |  |  |  | - |
State and political subdivisions |  | $ | 92,428 |  |  |  | - |  |  |  | 92,428 |  |  |  | - |
|  | December 31, 2019 |
|  | Fair Value Measurements |  |  | Level 1 Valuation |  |  | Level 2 Valuation |  |  | Level 3 Valuation |
Mortgage-backed securities |  | $ | 78,956 |  |  |  | - |  |  |  | 78,956 |  |  |  | - |
U.S. Government |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
sponsored enterprises |  | $ | 28,397 |  |  |  | - |  |  |  | 28,397 |  |  |  | - |
State and political subdivisions |  | $ | 88,143 |  |  |  | - |  |  |  | 88,143 |  |  |  | - |
Trust preferred securities |  | $ | 250 |  |  |  | - |  |  |  | - |  |  |  | 250 |
Fair value measurements of investment securities available for sale using Level 3 significant unobservable inputs |
|  | 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) |  |  | (250 | )
Transfers in and/or (out) of Level 3 |  |  | - |
Balance, end of period |  | $ | - |
Change in unrealized gain/(loss) for assets still held in Level 3 |  | $ | - |

X
- Definition Tabular disclosure of fair value of investments in debt and equity securities in an unrealized loss position categorized neither as held-to-maturity nor trading securities. + References No definition available. + Details
Name: | us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities. + References No definition available. + Details
Name: | us-gaap_AvailableForSaleSecuritiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19279-110258 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 (c) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about investment in debt security measured at amortized cost (held-to-maturity). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=121645371&loc=SL120269825-111563 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=121645371&loc=SL120269820-111563 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27232-111563 + Details
Name: | us-gaap_HeldToMaturitySecuritiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration