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Fair Value (Tables)
6 Months Ended
Jun. 30, 2021
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
Quoted Prices in
Significant
Active Markets
Other
Significant
for
Observable
Unobservable
Identical Assets
Inputs
Inputs
(Dollars in thousands)
Amount
(Level 1)
(Level 2)
(Level 3)
June 30, 2021:
Securities available-for-sale:
Agency obligations
 
$
111,487
111,487
Agency RMBS
198,849
198,849
State and political subdivisions
74,529
74,529
Total securities available
 
-for-sale
384,865
384,865
Total
 
assets at fair value
$
384,865
384,865
December 31, 2020:
Securities available-for-sale:
Agency obligations
 
$
97,448
97,448
Agency RMBS
163,470
163,470
State and political subdivisions
74,259
74,259
Total securities available
 
-for-sale
335,177
335,177
Total
 
assets at fair value
$
335,177
335,177
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Table Text Block]
Quoted Prices in
Active Markets
Other
Significant
for
Observable
Unobservable
Carrying
Identical Assets
Inputs
Inputs
(Dollars in thousands)
Amount
(Level 1)
(Level 2)
(Level 3)
June 30, 2021:
Loans held for sale
$
1,367
1,367
Loans, net
(1)
296
296
Other assets
(2)
1,360
1,360
Total assets at fair value
$
3,023
1,367
1,656
December 31, 2020:
Loans held for sale
$
3,418
3,418
Loans, net
(1)
319
319
Other assets
(2)
1,330
1,330
Total assets at fair value
$
5,067
3,418
1,649
(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.
 
These 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
 
Carrying
 
Significant
 
Average
(Dollars in thousands)
Amount
Valuation Technique
Unobservable Input
Range
of Input
June 30, 2021:
Impaired loans
$
296
Appraisal
Appraisal discounts
10.0
-
10.0
%
10.0
%
Mortgage servicing rights, net
1,360
Discounted cash flow
Prepayment Speed or CPR
7.7
-
15.7
15.1
 
Discount rate
9.5
-
11.5
9.5
December 31, 2020:
Impaired loans
$
319
Appraisal
Appraisal discounts
10.0
-
10.0
%
10.0
%
Mortgage servicing rights, net
1,330
Discounted cash flow
Prepayment Speed or CPR
18.2
-
36.4
20.7
 
Discount rate
10.0
-
12.0
10.0
Financial Instruments [Table Text Block]
Fair Value Hierarchy
Carrying
Estimated
Level 1
Level 2
Level 3
(Dollars in thousands)
amount
fair value
inputs
inputs
Inputs
June 30, 2021:
Financial Assets:
Loans, net (1)
$
451,877
$
448,540
$
$
$
448,540
Loans held for sale
1,367
1,415
1,415
Financial Liabilities:
Time Deposits
$
159,011
$
160,247
$
$
160,247
$
December 31, 2020:
Financial Assets:
Loans, net (1)
$
456,082
$
451,816
$
$
$
451,816
Loans held for sale
3,418
3,509
3,509
Financial Liabilities:
Time Deposits
$
160,401
$
162,025
$
$
162,025
$
(1) Represents loans, net of unearned income and the allowance
 
for loan losses.
 
The fair value of loans was measured using an exit price notion.