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SECURITIES (Tables)
3 Months Ended
Mar. 31, 2019
Investments [Abstract]  
Amortized Cost and Approximate Fair Value of Securities Available For Sale
The amortized cost and approximate fair value of securities available for sale as of March 31, 2019 and December 31, 2018 are summarized as follows:
໿
(Dollars in thousands)
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
March 31, 2019
 
 
 
 
 
 
 
U.S. government agencies
$
23,833

 
$
1

 
$
(345
)
 
$
23,489

U.S. government-sponsored enterprises
22,958

 
2

 
(227
)
 
22,733

State and political subdivisions
61,528

 
1,688

 
(18
)
 
63,198

Mortgage-backed securities -
 
 
 
 
 
 
 
U.S. government-sponsored enterprises
79,372

 
555

 
(337
)
 
79,590

 Corporate Debt
3,000

 
40

 

 
3,040

 
$
190,691

 
$
2,286

 
$
(927
)
 
$
192,050

December 31, 2018
 
 
 
 
 
 
 
U.S. government agencies
$
25,161

 
$
4

 
$
(371
)
 
$
24,794

U.S. government-sponsored enterprises
20,404

 
38

 
(80
)
 
20,362

State and political subdivisions
60,457

 
445

 
(540
)
 
60,362

Mortgage-backed securities -
 
 
 
 
 
 
 
U.S. government-sponsored enterprises
74,670

 
100

 
(1,157
)
 
73,613

 Corporate Debt
3,000

 
8

 

 
3,008

 
$
183,692

 
$
595

 
$
(2,148
)
 
$
182,139

Amortized Cost and Fair Value of Securities By Contractual Maturity of Available-For-Sale Securities
The amortized cost and fair value of securities available for sale at March 31, 2019 are shown below by contractual maturity.  Actual maturities may differ from contractual maturities as issuers may have the right to call or prepay obligations with or without call or prepayment penalties.  Investments which pay principal on a periodic basis are not included in the maturity categories.
໿
(Dollars in thousands)
Amortized
Cost
 
Fair
Value
Due in one year or less
$

 
$

Due after one year through five years
1,269

 
1,281

Due after five years through ten years
6,799

 
6,934

Due after ten years
56,460

 
58,023

Total bonds and obligations
64,528

 
66,238

U.S. government agencies
23,833

 
23,489

U.S. government-sponsored enterprises
22,958

 
22,733

Mortgage-backed securities:
 
 
 
U.S. government-sponsored enterprises
79,372

 
79,590

Total available for sale securities
$
190,691

 
$
192,050

Temporarily Impaired Gross Unrealized Losses And Fair Value of Available-For-Sale Securities
The following table shows gross unrealized losses and fair value of securities with unrealized losses that are not deemed to be other than temporarily impaired, aggregated by category and length of time that individual available for sale securities have been in a continuous unrealized loss position at March 31, 2019 and December 31, 2018.
໿
 
Less Than 12 Months
 
12 Months or More
 
Total
(Dollars in thousands)
Fair
Value
 
Gross
Unrealized
Losses
 
Fair
Value
 
Gross
Unrealized
Losses
 
Fair
Value
 
Gross
Unrealized
Losses
March 31, 2019
 
 
 
 
 
 
 
 
 
 
 
U.S. government agencies
$
3,017

 
$
(10
)
 
$
18,962

 
$
(335
)
 
$
21,979

 
$
(345
)
U.S. government-sponsored enterprises
16,737

 
(167
)
 
5,021

 
(60
)
 
21,758

 
(227
)
State and political subdivisions

 

 
3,692

 
(18
)
 
3,692

 
(18
)
Mortgage-backed securities -
 
 
 
 
 
 
 
 
 
 
 
U.S. government-sponsored enterprises
3,305

 
(17
)
 
14,739

 
(320
)
 
18,044

 
(337
)
Total temporarily impaired securities
$
23,059

 
$
(194
)
 
$
42,414

 
$
(733
)
 
$
65,473

 
$
(927
)
December 31, 2018
 
 
 
 
 
 
 
 
 
 
 
U.S. government agencies
$
18,998

 
$
(316
)
 
$
2,593

 
$
(55
)
 
$
21,591

 
$
(371
)
U.S. government-sponsored enterprises
10,348

 
(80
)
 

 

 
10,348

 
(80
)
State and political subdivisions
17,164

 
(204
)
 
18,785

 
(336
)
 
35,949

 
(540
)
Mortgage-backed securities -
 
 
 
 
 
 
 
 
 
 
 
U.S. government-sponsored enterprises
30,547

 
(271
)
 
28,773

 
(886
)
 
59,320

 
(1,157
)
Total temporarily impaired securities
$
77,057

 
$
(871
)
 
$
50,151

 
$
(1,277
)
 
$
127,208

 
$
(2,148
)
Amortized Cost and Approximate Fair Value of Securities Held-To-Maturity
The amortized cost and approximate fair value of securities held to maturity as of March 31, 2019 and December 31, 2018 are summarized as follows:
໿
(Dollars in thousands)
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
March 31, 2019
 
 
 
 
 
 
 
State and political subdivisions
$
4,031

 
$
86

 
$

 
$
4,117

December 31, 2018
 
 
 
 
 
 
 
State and political subdivisions
$
4,078

 
$
74

 
$

 
$
4,152

Amortized Cost and Fair Value of Securities By Contractual Maturity of Held-To-Maturity Securities
The amortized cost and carrying value of securities held to maturity at March 31, 2019 are shown below by contractual maturity.  Actual maturities may differ from contractual maturities as issuers may have the right to call or prepay obligations with or without call or prepayment penalties.
(Dollars in thousands)
Amortized
Cost
 
Fair
Value
Due in one year or less
$
1,239

 
$
1,239

Due after one year through five years
251

 
251

Due after five years through ten years
2,541

 
2,627

Due after ten years

 

Total held to maturity securities
$
4,031

 
$
4,117