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Disclosures About Fair Value of Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2018

Fair Value Disclosures [Abstract]

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

Fair Value Measurements Using:
($ in thousands) Available-for-sale securities:		Fair Values at 12/31/2019				(Level 1)				(Level 2)				(Level 3)
U.S. Treasury and Government Agencies		$	12,202			$	-			$	12,202			$	-
Mortgage-backed securities			78,182				-				78,182				-
State and political subdivisions			10,564				-				10,564				-
Interest rate contracts - assets			2,846				-				2,846				-
Interest rate contracts - liabilities			(2,846	)			-				(2,846	)			-
Forward contracts			(32	)			(32	)			-				-
IRLCs			55												55

Fair Value Measurements Using:
($ in thousands) Available-for-sale securities:		Fair Values at 12/31/2018				(Level 1)				(Level 2)				(Level 3)
U.S. Treasury and Government Agencies		$	18,670			$	-			$	18,670			$	-
Mortgage-backed securities			60,943				-				60,943				-
State and political subdivisions			11,356				-				11,356				-
Interest rate contracts - assets			687				-				687				-
Interest rate contracts - liabilities			(687	)			-				(687	)			-
Forward contracts			(113	)			(113	)			-				-
IRLCs			83												83

Fair Value Measurements, Nonrecurring [Table Text Block]

($ in thousands)		Fair values at 12/31/2019				(Level 1)				(Level 2)				(Level 3)
Impaired loans		$	2,527			$	-			$	-			$	2,527
Mortgage servicing rights			5,084				-				-				5,084
IRLCs			55												55

($ in thousands)		Fair values at 12/31/2018				(Level 1)				(Level 2)				(Level 3)
Impaired loans		$	1,027			$	-			$	-			$	1,027
Mortgage servicing rights			3,191				-				-				3,191
IRLCs			83												83

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

		Fair value at				Valuation				Range (weighted-
($ in thousands)		12/31/2019				technique		Unobservable inputs		average)
Collateral-dependent impaired loans		$	2,527			Market comparable properties		Comparability adjustments (%)			2 - 62% (28%)
Mortgage servicing rights			5,084			Discounted cash flow		Discount Rate			9.36	%
								Constant prepayment rate			10.19	%
IRLCs			55			Discounted cash flow		P&I earnings credit			1.78	%
								T&I earnings credit			1.93	%
								Inflation for cost of servicing			1.50	%

		Fair Value at				Valuation				Range (weighted-
($ in thousands)		12/31/2018				technique		Unobservable inputs		average)
Collateral-dependent impaired loans		$	1,027			Market comparable properties		Comparability adjustments (%)			20 - 35% (29%)
Mortgage servicing rights			3,191			Discounted cash flow		Discount Rate			10.30	%
								Constant prepayment rate			7.02	%
IRLCs			83			Discounted cash flow		P&I earnings credit			2.51	%
								T&I earnings credit			3.02	%
								Inflation for cost of servicing			1.50	%

Fair Value, by Balance Sheet Grouping [Table Text Block]

($ in thousands)		Carrying				Fair				Fair value measurements using
December 31, 2019		amount				value				(Level 1)				(Level 2)				(Level 3)
Financial assets
Cash and due from banks		$	27,064			$	27,064			$	27,064			$	-			$	-
Loans held for sale			7,258				7,419				-				7,419				-
Loans, net of allowance for loan losses			816,755				804,808				-				-				804,808
Federal Reserve and FHLB Bank stock, at cost			4,648				4,648				-				4,648				-
Interest receivable			3,106				3,106				-				3,106				-
Financial liabilities
Deposits		$	840,219			$	840,272			$	582,466			$	257,806			$	-
Repurchase agreements			12,945				12,945				-				12,945				-
FHLB advances			16,000				16,149				-				16,149				-
Trust preferred securities			10,310				9,201				-				9,201				-
Interest payable			1,191				1,191				-				1,191				-

($ in thousands)		Carrying				Fair				Fair value measurements using
December 31, 2018		amount				value				(Level 1)				(Level 2)				(Level 3)
Financial assets
Cash and due from banks		$	48,363			$	48,363			$	48,363			$	-			$	-
Loans held for sale			4,445				4,589				-				4,589				-
Loans, net of allowance for loan losses			763,716				757,469				-				-				757,469
Federal Reserve and FHLB Bank stock, at cost			4,123				4,123				-				4,123				-
Interest receivable			2,822				2,822				-				2,822				-
Financial liabilities
Deposits		$	802,552			$	799,726			$	561,090			$	238,636			$	-
Repurchase agreements			15,184				15,184				-				15,184				-
FHLB advances			16,000				15,848				-				15,848				-
Trust preferred securities			10,310				10,233				-				10,233				-
Interest payable			909				909				-				909				-

X

- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

+ References

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-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (bbb)
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Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

+ References

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Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class 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).

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Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

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