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Investment Securities (Tables)
3 Months Ended
Mar. 31, 2022
Investment Securities [Abstract]  
Schedule of Available-for-Sale Securities Reconciliation

    

    

Gross

    

Gross

    

Estimated

Amortized

Unrealized

Unrealized

Fair

(Dollars in thousands)

Cost

Gains

Losses

Value

Available-for-sale securities:

March 31, 2022

U.S. Government agencies

$

22,495

$

5

$

1,245

$

21,255

Mortgage-backed

 

85,165

 

381

 

2,104

 

83,442

Other Debt securities

2,024

26

1,998

Total

$

109,684

$

386

$

3,375

$

106,695

December 31, 2021

U.S. Government agencies

$

22,932

$

7

$

634

$

22,305

Mortgage-backed

 

91,948

 

1,318

 

629

 

92,637

Other Debt securities

 

2,026

 

14

 

 

2,040

Total

$

116,906

$

1,339

$

1,263

$

116,982

Schedule of Held-to-Maturity

    

    

Gross

    

Gross

    

Estimated

Amortized

Unrealized

Unrealized

Fair

(Dollars in thousands)

Cost

Gains

Losses

Value

Held-to-maturity securities:

    

    

    

    

March 31, 2022

U.S. Government agencies

$

86,490

$

$

3,472

$

83,018

Mortgage-backed

305,741

1

13,116

292,626

States and political subdivisions

 

400

 

1

 

 

401

Other debt securities

 

14,507

 

45

 

56

 

14,496

Total

$

407,138

$

47

$

16,644

$

390,541

December 31, 2021

U.S. Government agencies

$

87,072

$

20

$

1,231

$

85,861

Mortgage-backed

302,604

301

2,248

300,657

States and political subdivisions

 

400

 

2

 

 

402

Other debt securities

 

14,518

 

95

 

9

 

14,604

Total

$

404,594

$

418

$

3,488

$

401,524

Available-For-Sale Securities and Held-to-Maturity, Continuous Unrealized Loss Position, Fair Value

Less than

More than

12 Months

12 Months

Total

    

Fair

    

Unrealized

    

Fair

    

Unrealized

    

Fair

    

Unrealized

(Dollars in thousands)

Value

Losses

Value

Losses

Value

Losses

March 31, 2022

Available-for-sale securities:

U.S. Government agencies

$

1,561

$

65

$

17,368

$

1,180

$

18,929

$

1,245

Mortgage-backed

 

39,851

 

490

 

3,562

 

1,614

 

43,413

 

2,104

Other debt securities

1,998

26

1,998

26

Total

$

43,410

$

581

$

20,930

$

2,794

$

64,340

$

3,375

Held-to-maturity securities:

U.S. Government agencies

$

62,586

$

2,157

$

20,432

$

1,315

$

83,018

$

3,472

Mortgage-backed

253,725

10,536

36,962

2,580

290,687

13,116

Other debt securities

4,943

56

4,943

56

Total

$

321,254

$

12,749

$

57,394

$

3,895

$

378,648

$

16,644

Less than

More than

12 Months

12 Months

Total

    

Fair

    

Unrealized

    

Fair

    

Unrealized

    

Fair

    

Unrealized

(Dollars in thousands)

Value

Losses

Value

Losses

Value

Losses

December 31, 2021

Available-for-sale securities:

U.S. Government agencies

$

1,561

$

1

$

17,368

$

633

$

18,929

$

634

Mortgage-backed

 

39,851

 

593

 

3,562

 

36

 

43,413

 

629

Total

$

41,412

$

594

$

20,930

$

669

$

62,342

$

1,263

Held-to-maturity securities:

U.S. Government agencies

$

64,268

$

1,005

$

11,719

$

226

$

75,987

$

1,231

Mortgage-backed

226,918

1,836

14,564

412

241,482

2,248

Other debt securities

 

491

 

9

 

 

 

491

 

9

Total

$

291,677

$

2,850

$

26,283

$

638

$

317,960

$

3,488

Schedule of Securities Debt Maturities

Available for sale

Held to maturity

    

Amortized

    

    

Amortized

    

(Dollars in thousands)

Cost

Fair Value

Cost

Fair Value

Due in one year or less

$

71

$

72

$

3,924

$

3,930

Due after one year through five years

 

2,137

 

2,149

 

22,537

 

22,016

Due after five years through ten years

 

55,374

 

54,351

 

91,202

 

88,810

Due after ten years

 

52,102

 

50,123

 

289,475

 

275,785

Total

$

109,684

$

106,695

$

407,138

$

390,541