Investment Securities (Tables)

6 Months Ended

Jun. 30, 2017

Investment Securities [Abstract]

Summary of amortized costs and fair value of investment securities

	June 30, 2017
	Amortized		Gross Unrealized		Fair
(dollars in thousands)	Cost		Gains	Losses	Value
Available for sale
US government agencies	$	9,260	12	72	9,200
SBA securities		4,438	-	21	4,417
State and political subdivisions		20,129	321	72	20,378
Mortgage-backed securities		47,822	9	447	47,384
Total investment securities available for sale	$	81,649	342	612	81,379
	December 31, 2016
	Amortized		Gross Unrealized		Fair
	Cost		Gains	Losses	Value
Available for sale
US government agencies	$	6,271	1	113	6,159
SBA securities		1,453	-	16	1,437
State and political subdivisions		20,625	141	292	20,474
Mortgage-backed securities		36,895	21	506	36,410
Total investment securities available for sale	$	65,244	163	927	64,480

Summary of contractual maturities and yields

	June 30, 2017
	Less than one year			One to five years			Five to ten years			Over ten years				Total
(dollars in thousands)	Amount		Yield	Amount	Yield		Amount	Yield		Amount	Yield		Amount	Yield
Available for sale
US government agencies	$	-	-	3,015	1.70	%	6,185	2.38	%	-	-		9,200	2.16	%
SBA securities		-	-	-	-		-	-		4,417	2.43	%	4,417	2.43	%
State and political subdivisions		-	-	2,409	1.55	%	12,196	2.36	%	5,773	2.82	%	20,378	2.39	%
Mortgage-backed securities		-	-	914	1.36	%	9,686	1.82	%	36,784	2.12	%	47,384	2.03	%
Total	$	-	-	6,338	1.59	%	28,067	2.18	%	46,974	2.23	%	81,379	2.16	%
	December 31, 2016
	Less than one year			One to five years			Five to ten years			Over ten years				Total
	Amount		Yield	Amount	Yield		Amount	Yield		Amount	Yield		Amount	Yield
Available for sale
US government agencies	$	-	-	997	1.15	%	5,162	2.23	%	-	-		6,159	2.06	%
SBA securities		-	-	-	-		-	-		1,437	1.32	%	1,437	1.32	%
State and political subdivisions		-	-	2,271	1.73	%	12,287	2.35	%	5,916	2.77	%	20,474	2.40	%
Mortgage-backed securities		-	-	-	-		8,527	1.64	%	27,883	1.68	%	36,410	1.67	%
Total	$	-	-	3,268	1.55	%	25,976	2.10	%	35,236	1.85	%	64,480	1.93	%

Summary of gross unrealized losses on investment securities and fair market value of related securities

	June 30, 2017
		Less than 12 months					12 months or longer							Total
		Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
(dollars in thousands)	#	value		losses		#	value		losses		#	value		losses
Available for sale
US government agencies	8	$	6,480	$	72	-	$	-	$	-	8	$	6,480	$	72
SBA securities	1		3,002		16	1		1,414		5	2		4,416		21
State and political subdivisions	14		6,492		72	-		-		-	14		6,491		72
Mortgage-backed securities	34		42,865		396	3		4,415		51	37		47,280		447
Total	57	$	58,839	$	556	4	$	5,829	$	56	61	$	64,668	$	612
	December 31, 2016
		Less than 12 months					12 months or longer							Total
		Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
	#	value		losses		#	value		losses		#	value		losses
Available for sale
US government agencies	5	$	5,144	$	113	-	$	-	$	-	5	$	5,144	$	113
SBA securities	1		1,437		16	-		-		-	1		1,437		16
State and political subdivisions	32		13,936		292	-		-		-	32		13,936		292
Mortgage-backed securities	25		27,292		476	2		3,991		30	27		31,283		506
Total	63	$	47,809	$	897	2	$	3,991	$	30	65	$	51,800	$	927

Summary of other investments

(dollars in thousands)	June 30, 2017		December 31, 2016
Federal Home Loan Bank stock	$	3,499	5,173
Investment in Trust Preferred securities		403	403
Other investments		129	166
Total other investments	$	4,031	5,742