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Fair Value (Tables)
9 Months Ended
Sep. 30, 2018
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
Quoted Prices inSignificant
Active MarketsOtherSignificant
forObservableUnobservable
Identical AssetsInputsInputs
(Dollars in thousands)Amount(Level 1)(Level 2)(Level 3)
September 30, 2018:
Securities available-for-sale:
Agency obligations $50,48950,489
Agency RMBS122,040122,040
State and political subdivisions70,80770,807
Total securities available-for-sale243,336243,336
Total assets at fair value$243,336243,336
December 31, 2017:
Securities available-for-sale:
Agency obligations $53,06253,062
Agency RMBS133,072133,072
State and political subdivisions71,56371,563
Total securities available-for-sale257,697257,697
Other assets (1)5252
Total assets at fair value$257,749257,749
Other liabilities(1)$5252
Total liabilities at fair value$5252
(1)Represents the fair value of interest rate swap agreements.
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Table Text Block]
Quoted Prices in
Active MarketsOtherSignificant
forObservableUnobservable
CarryingIdentical AssetsInputsInputs
(Dollars in thousands)Amount(Level 1)(Level 2)(Level 3)
September 30, 2018:
Loans held for sale$1,5481,548
Loans, net(1)858858
Other assets (2)1,6321,632
Total assets at fair value$4,0381,5482,490
December 31, 2017:
Loans held for sale$1,9221,922
Loans, net(1)2,7002,700
Other assets (2)1,6441,644
Total assets at fair value$6,2661,9224,344
(1)Loans considered impaired under ASC 310-10-35, Receivables. This amount reflects the recorded investment in impaired loans, net of any related allowance for loan losses.
(2)Represents MSRs, net and other real estate owned, both of which are carried at lower of cost or estimated fair value.
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]
Weighted
CarryingAverage
(Dollars in thousands)AmountValuation TechniqueSignificant Unobservable Inputof Input
Nonrecurring:
Impaired loans$858AppraisalAppraisal discounts (%)52.4%
Other real estate owned137AppraisalAppraisal discounts (%)10.0%
Mortgage servicing rights, net1,495Discounted cash flowPrepayment speed or CPR (%)9.5%
Discount rate (%)10.0%
Financial Instruments [Table Text Block]
Fair Value Hierarchy
CarryingEstimatedLevel 1Level 2Level 3
(Dollars in thousands)amountfair valueinputsinputsInputs
September 30, 2018:
Financial Assets:
Loans, net (1)$455,542$452,124$$$452,124
Loans held for sale1,5481,5941,594
Financial Liabilities:
Time Deposits$182,339$182,485$$182,485$
December 31, 2017:
Financial Assets:
Loans, net (1)$448,894$447,468$$$447,468
Loans held for sale1,9221,9501,950
Financial Liabilities:
Time Deposits$188,071$185,564$$185,564$
Long-term debt3,2173,2173,217
(1) Represents loans, net of unearned income and the allowance for loan losses. In accordance with the prospective adoption of ASU No. 2016-01, the fair
value of loans as of September 30, 2018 was measured using an exit price notion. The fair value of loans as of December 31, 2017 was measured using
an entry price notion.