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16. Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2020
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, 2020  
     Carrying Amount      Level 1      Level 2      Level 3      Total  
Assets:                              
Cash and cash equivalents   $ 161,580       161,580       -       -       161,580  
Investment securities available for sale   $ 245,249       -       245,249       -       245,249  
Other investments   $ 4,155       -       -       4,155       4,155  
Mortgage loans held for sale   $ 9,139       -       -       9,139       9,139  
Loans, net   $ 938,731       -       -       924,845       924,845  
Cash surrender value of life insurance   $ 16,968       -       16,968       -       16,968  
                                         
Liabilities:                                        
Deposits   $ 1,221,086       -       -       1,216,503       1,216,503  
Securities sold under agreements                                        
to repurchase   $ 26,201       -       26,201       -       26,201  
Junior subordinated debentures   $ 15,464       -       15,464       -       15,464  

 

 

(Dollars in thousands)                              
            Fair Value Measurements at December 31, 2019  
     Carrying Amount      Level 1      Level 2      Level 3      Total  
Assets:                              
Cash and cash equivalents   $ 52,387       52,387       -       -       52,387  
Investment securities available for sale   $ 195,746       -       195,496       250       195,746  
Other investments   $ 4,231       -       -       4,231       4,231  
Mortgage loans held for sale   $ 4,417       -       -       4,417       4,417  
Loans, net   $ 843,194       -       -       819,397       819,397  
Cash surrender value of life insurance   $ 16,319       -       16,319       -       16,319  
                                         
Liabilities:                                        
Deposits   $ 966,517       -       -       955,766       955,766  
Securities sold under agreements                                        
to repurchase   $ 24,221       -       24,221       -       24,221  
Junior subordinated debentures   $ 15,619       -       15,619       -       15,619