XML 44 R31.htm IDEA: XBRL DOCUMENT
v3.19.1

Investment Securities (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2019
Investments [Abstract] |
Unrealized Gain (Loss) on Investments [Table Text Block] | The cost basis and fair values of investment securities are summarized as follows (in thousands): Investment securities available for sale (AFS):
|  | March 31, 2019 |
|  |  |  |  | Gross |  |  | Gross |  |  |  |
|  | Cost |  |  | Unrealized |  |  | Unrealized |  |  | Fair |
|  | Basis |  |  | Gains |  |  | Losses |  |  | Value |
US Agency |  | $ | 7,606 |  |  | $ | 3 |  |  | $ | (65 | ) |  | $ | 7,544 |
US Agency mortgage-backed securities |  |  | 94,806 |  |  |  | 983 |  |  |  | (537 | ) |  |  | 95,252 |
Municipal |  |  | 13,298 |  |  |  | 228 |  |  |  | (110 | ) |  |  | 13,416 |
Corporate bonds |  |  | 38,334 |  |  |  | 127 |  |  |  | (648 | ) |  |  | 37,813 |
Total |  | $ | 154,044 |  |  | $ | 1,341 |  |  | $ | (1,360 | ) |  | $ | 154,025 |
Investment securities held to maturity (HTM):
|  | March 31, 2019 |
|  |  |  |  | Gross |  |  | Gross |  |  |  |
|  | Cost |  |  | Unrealized |  |  | Unrealized |  |  | Fair |
|  | Basis |  |  | Gains |  |  | Losses |  |  | Value |
US Agency mortgage-backed securities |  | $ | 9,764 |  |  | $ | 137 |  |  | $ | (53 | ) |  | $ | 9,848 |
Municipal |  |  | 24,729 |  |  |  | 341 |  |  |  | (151 | ) |  |  | 24,919 |
Corporate bonds and other securities |  |  | 6,035 |  |  |  | 6 |  |  |  | (78 | ) |  |  | 5,963 |
Total |  | $ | 40,528 |  |  | $ | 484 |  |  | $ | (282 | ) |  | $ | 40,730 |
Investment securities available for sale (AFS):
|  | December 31, 2018 |
|  |  |  |  | Gross |  |  | Gross |  |  |  |
|  | Cost |  |  | Unrealized |  |  | Unrealized |  |  | Fair |
|  | Basis |  |  | Gains |  |  | Losses |  |  | Value |
US Agency |  | $ | 7,685 |  |  | $ | 4 |  |  | $ | (160 | ) |  | $ | 7,529 |
US Agency mortgage-backed securities |  |  | 90,169 |  |  |  | 516 |  |  |  | (1,158 | ) |  |  | 89,527 |
Municipal |  |  | 13,301 |  |  |  | 114 |  |  |  | (234 | ) |  |  | 13,181 |
Corporate bonds |  |  | 37,359 |  |  |  | 131 |  |  |  | (996 | ) |  |  | 36,494 |
Total |  | $ | 148,514 |  |  | $ | 765 |  |  | $ | (2,548 | ) |  | $ | 146,731 |
Investment securities held to maturity (HTM):
|  | December 31, 2018 |
|  |  |  |  | Gross |  |  | Gross |  |  |  |
|  | Cost |  |  | Unrealized |  |  | Unrealized |  |  | Fair |
|  | Basis |  |  | Gains |  |  | Losses |  |  | Value |
US Agency mortgage-backed securities |  | $ | 9,983 |  |  | $ | 78 |  |  | $ | (132 | ) |  | $ | 9,929 |
Municipal |  |  | 24,740 |  |  |  | 131 |  |  |  | (404 | ) |  |  | 24,467 |
Corporate bonds and other securities |  |  | 6,037 |  |  |  | 13 |  |  |  | (122 | ) |  |  | 5,928 |
Total |  | $ | 40,760 |  |  | $ | 222 |  |  | $ | (658 | ) |  | $ | 40,324 |
Schedule of Unrealized Loss on Investments [Table Text Block] | The following tables present information concerning investments with unrealized losses as of March 31, 2019 and December 31, 2018 (in thousands): Total investment securities:
|  | March 31, 2019 |
|  | Less than 12 months |  |  | 12 months or longer |  |  | Total |
|  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |
|  | Value |  |  | Losses |  |  | Value |  |  | Losses |  |  | Value |  |  | Losses |
US Agency |  | $ | — |  |  | $ | — |  |  | $ | 5,891 |  |  | $ | (65 | ) |  | $ | 5,891 |  |  | $ | (65 | )
US Agency mortgage-backed securities |  |  | — |  |  |  | — |  |  |  | 40,841 |  |  |  | (590 | ) |  |  | 40,841 |  |  |  | (590 | )
Municipal |  |  | — |  |  |  | — |  |  |  | 13,384 |  |  |  | (261 | ) |  |  | 13,384 |  |  |  | (261 | )
Corporate bonds and other securities |  |  | 12,344 |  |  |  | (213 | ) |  |  | 19,229 |  |  |  | (513 | ) |  |  | 31,573 |  |  |  | (726 | )
Total |  | $ | 12,344 |  |  | $ | (213 | ) |  | $ | 79,345 |  |  | $ | (1,429 | ) |  | $ | 91,689 |  |  | $ | (1,642 | )
Total investment securities:
|  | December 31, 2018 |
|  | Less than 12 months |  |  | 12 months or longer |  |  | Total |
|  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |
|  | Value |  |  | Losses |  |  | Value |  |  | Losses |  |  | Value |  |  | Losses |
US Agency |  | $ | 244 |  |  | $ | (6 | ) |  | $ | 5,631 |  |  | $ | (154 | ) |  | $ | 5,875 |  |  | $ | (160 | )
US Agency mortgage-backed securities |  |  | 17,718 |  |  |  | (177 | ) |  |  | 39,983 |  |  |  | (1,113 | ) |  |  | 57,701 |  |  |  | (1,290 | )
Municipal |  |  | 6,601 |  |  |  | (71 | ) |  |  | 15,880 |  |  |  | (567 | ) |  |  | 22,481 |  |  |  | (638 | )
Corporate bonds and other securities |  |  | 15,221 |  |  |  | (440 | ) |  |  | 17,038 |  |  |  | (678 | ) |  |  | 32,259 |  |  |  | (1,118 | )
Total |  | $ | 39,784 |  |  | $ | (694 | ) |  | $ | 78,532 |  |  | $ | (2,512 | ) |  | $ | 118,316 |  |  | $ | (3,206 | )
Investments Classified by Contractual Maturity Date [Table Text Block] | Total investment securities:
|  | March 31, 2019 |
|  | Available for sale |  |  | Held to maturity |
|  | Cost Basis |  |  | Fair Value |  |  | Cost Basis |  |  | Fair Value |
Within 1 year |  | $ | 1,006 |  |  | $ | 1,005 |  |  | $ | 1,000 |  |  | $ | 953 |
After 1 year but within 5 years |  |  | 22,552 |  |  |  | 22,456 |  |  |  | 5,192 |  |  |  | 5,168 |
After 5 years but within 10 years |  |  | 44,406 |  |  |  | 44,189 |  |  |  | 19,023 |  |  |  | 19,149 |
After 10 years but within 15 years |  |  | 29,382 |  |  |  | 29,521 |  |  |  | 9,816 |  |  |  | 9,971 |
Over 15 years |  |  | 56,698 |  |  |  | 56,854 |  |  |  | 5,497 |  |  |  | 5,489 |
Total |  | $ | 154,044 |  |  | $ | 154,025 |  |  | $ | 40,528 |  |  | $ | 40,730 |

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

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition For all investments in an unrealized loss position, including those for which other-than-temporary impairments have not been recognized in earnings (including investments for which a portion of an other-than-temporary impairment has been recognized in other comprehensive income), a tabular disclosure of the aggregate related fair value of investments with unrealized losses and the aggregate amount of unrealized losses (that is, the amount by which amortized cost basis exceeds fair value). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27290-111563 + Details
Name: | us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of unrealized gains and losses on investments. + References No definition available. + Details
Name: | us-gaap_UnrealizedGainLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration