XML 33 R23.htm IDEA: XBRL DOCUMENT
v3.20.2

Fair Value Measurements (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2020
Fair Value Measurements [Abstract] |
Fair Value Assets Measured On Recurring Basis |
﻿ |  |  |  |  |  |  |
﻿ |  |  | Carrying Value at June 30, 2020 (in thousands)
Description | Balance as of June 30, 2020 |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
﻿US Treasuries | $2,038 |  | $ - |  | $2,038 |  | $ -
﻿US agency obligations | 26,102 |  | - |  | 26,102 |  | -
﻿Mortgage-backed securities | 9,424 |  | - |  | 9,424 |  | -
﻿Municipals | 13,247 |  | - |  | 13,247 |  | -
﻿Corporates | 4,261 |  | - |  | 4,261 |  | -
﻿ |  |  |  |  |  |  |
﻿Total available-for-sale securities | $55,072 |  | $ - |  | $55,072 |  | $ -
﻿ |  |  | Carrying Value at December 31, 2019 (in thousands)
Description | Balance as of December 31, 2019 |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
﻿US Treasuries | $1,964 |  | $ |  | $1,964 |  | $
﻿US agency obligations | 32,108 |  | - |  | 32,108 |  | -
﻿Mortgage-backed securities | 10,264 |  | - |  | 10,264 |  | -
﻿Municipals | 11,222 |  | - |  | 11,222 |  | -
﻿Corporates | 4,097 |  | - |  | 4,097 |  | -
﻿ |  |  |  |  |  |  |
﻿Total available-for-sale securities | $59,655 |  | $ - |  | $59,655 |  | $ -
﻿
Impaired Loans And Other Real Estate Owned Measured At Fair Value On A Nonrecurring Basis |
﻿ |  | Carrying Value at June 30, 2020
Description | Balance as of June 30, 2020 | Quoted Prices in Active Markets for Identical Assets (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3)
﻿Impaired loans* | $2,486 | $ - | $ - | $2,486
﻿Other real estate owned | 1,616 | - | - | 1,616
* Includes loans charged down to the net realizable value of the collateral.
﻿ |  |  |  |
﻿ |  | Carrying Value at December 31, 2019
Description | Balance as of December 31, 2019 | Quoted Prices in Active Markets for Identical Assets (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3)
﻿Impaired loans* | $1,239 | $ - | $ - | $1,239
﻿Other real estate owned | 2,339 | - | - | 2,339
* Includes loans charged down to the net realizable value of the collateral.
Information Regarding Quantitative Inputs Used To Value Assets Classified As Level 3 |
﻿ |  |  |  |  |
﻿ | Quantitative information about Level 3 Fair Value Measurements for June 30, 2020 (dollars in thousands)
﻿ | Fair Value |  | Valuation Te chnique(s) | Unobservable Input | Range (Weighted Average) (1)
Assets |  |  |  |  |
﻿Impaired loans | $2,486 |  | Discounted appraised value | Selling cost | 0% - 10% (8%)
﻿ |  |  |  | Discount for lack of marketability and age of appraisal | 0% - 20% (6%)
﻿ |  |  |  |  |
﻿OREO | 1,616 |  | Discounted appraised value | Selling cost | 0% - 10% (6%)
﻿ |  |  |  | Discount for lack of marketability and age of appraisal | 0% - 25% (15%)
(1)Weighted based on the relative value of the instruments.
﻿ |  |  |  |  |
﻿ | Quantitative information about Level 3 Fair Value Measurements for December 31, 2019 (dollars in thousands)
﻿ | Fair Value |  | Valuation Te chnique(s) | Unobservable Input | Range (Weighted Average) (1)
Assets |  |  |  |  |
﻿Impaired loans | $1,239 |  | Discounted appraised value | Selling cost | 0% - 10% (8%)
﻿ |  |  |  | Discount for lack of marketability and age of appraisal | 0% - 20% (6%)
﻿ |  |  |  |  |
﻿OREO | 2,339 |  | Discounted appraised value | Selling cost | 0% - 10% (6%)
﻿ |  |  |  | Discount for lack of marketability and age of appraisal | 0% - 25% (15%)
(1)Weighted based on the relative value of the instruments.
Fair Value Carrying And Notional Amounts |
﻿ |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |
﻿ | Fair Value Measurements at June 30, 2020 using
﻿ |  |  | Quoted Prices |  | Significant |  |  |  |
﻿ |  |  | in Active |  | Other |  | Significant |  |
﻿ |  |  | Markets for |  | Observable |  | Unobservable |  |
﻿ | Carrying |  | Identical Assets |  | Inputs |  | Inputs |  |
Assets | Amounts |  | (Level 1) |  | (Level 2) |  | (Level 3) |  | Balance
﻿ Cash and due from banks | $30,669 |  | $30,669 |  | $ - |  | $ - |  | $30,669
﻿ Fed funds sold | 60,131 |  | 60,131 |  | - |  | - |  | 60,131
Securities |  |  |  |  |  |  |  |  |
﻿ Available-for-sale | 55,072 |  | - |  | 55,072 |  | - |  | 55,072
﻿ Held-to-maturity | 3,679 |  | - |  | 4,283 |  | - |  | 4,283
﻿ Restricted stock | 1,551 |  |  |  | 1,551 |  | - |  | 1,551
﻿ Loans, net (1) | 623,564 |  | - |  | - |  | 623,253 |  | 623,253
﻿ Loans held for sale | 6,098 |  | - |  | 6,098 |  | - |  | 6,098
﻿ Interest receivable | 2,505 |  | - |  | 2,505 |  | - |  | 2,505
﻿ BOLI | 16,387 |  | - |  | 16,387 |  | - |  | 16,387
﻿ |  |  |  |  |  |  |  |  |
Liabilities |  |  |  |  |  |  |  |  |
﻿ Deposits | $745,986 |  | $ - |  | $748,299 |  | $ - |  | $748,299
﻿ Capital notes | 7,275 |  | - |  | 6,456 |  | - |  | 6,456
﻿ Interest payable | 172 |  | - |  | 172 |  | - |  | 172
﻿
﻿ |  |  |  |  |  |  |  |  |
﻿ |  |  | Fair Value Measurements at December 31, 2019 using
﻿ |  |  | Quoted Prices |  | Significant |  |  |  |
﻿ |  |  | in Active |  | Other |  | Significant |  |
﻿ |  |  | Markets for |  | Observable |  | Unobservable |  |
﻿ | Carrying |  | Identical Assets |  | Inputs |  | Inputs |  |
Assets | Amounts |  | (Level 1) |  | (Level 2) |  | (Level 3) |  | Balance
﻿ Cash and due from banks | $30,794 |  | $30,794 |  | $ - |  | $ - |  | $30,794
﻿ Fed funds sold | 8,317 |  | 8,317 |  |  |  | - |  | 8,317
Securities |  |  |  |  |  |  |  |  |
﻿ Available-for-sale | 59,655 |  | - |  | 59,655 |  | - |  | 59,655
﻿ Held-to-maturity | 3,688 |  | - |  | 3,861 |  | - |  | 3,861
﻿ Restricted stock | 1,506 |  | - |  | 1,506 |  |  |  | 1,506
﻿ Loans, net (1) | 573,274 |  | - |  | - |  | 569,850 |  | 569,850
﻿ Loans held for sale | 4,221 |  | - |  | 4,221 |  | - |  | 4,221
﻿ Interest receivable | 1,866 |  | - |  | 1,866 |  | - |  | 1,866
﻿ BOLI | 13,686 |  | - |  | 13,686 |  | - |  | 13,686
﻿ |  |  |  |  |  |  |  |  |
Liabilities |  |  |  |  |  |  |  |  |
﻿ Deposits | $649,459 |  | $ - |  | $651,479 |  | $ - |  | $651,479
Capital notes | 5,000 |  | - |  | 4,795 |  | - |  | 4,795
﻿ Interest payable | 173 |  | - |  | 173 |  | - |  | 173
| (1) |  | Carrying amount is net of unearned income and the Allowance.

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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -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_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -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://fasb.org/us-gaap/role/ref/legacyRef -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_FairValueAssetsMeasuredOnRecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13467-108611 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 (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration