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Investments (Tables)
6 Months Ended
Jun. 30, 2020
Investments [Abstract]  
Unrealized Gain (Loss) On Investments

(Dollars in thousands)

Gross

Gross

Amortized

unrealized

unrealized

Fair

June 30, 2020

cost

gains

losses

value

U.S. Government and Agency securities

$

12,240

$

41

$

(65)

$

12,216

Municipal securities

168,929

6,463

(177)

175,215

Trust preferred and Corporate securities

5,258

(411)

4,847

Agency mortgage-backed securities

63,800

1,925

(59)

65,666

Private-label mortgage-backed securities

4,223

18

(33)

4,208

Asset-backed securities

24,872

42

(849)

24,065

$

279,322

$

8,489

$

(1,594)

$

286,217

(Dollars in thousands)

Gross

Gross

Amortized

unrealized

unrealized

Fair

December 31, 2019

cost

gains

losses

value

U.S. Government and Agency securities

$

8,418

$

30

$

(20)

$

8,428

Municipal securities

90,865

1,418

(997)

91,286

Trust preferred and Corporate securities

4,097

(130)

3,967

Agency mortgage-backed securities

58,503

435

(234)

58,704

Private-label mortgage-backed securities

398

31

429

Asset-backed securities

24,918

6

(305)

24,619

$

187,199

$

1,920

$

(1,686)

$

187,433

Amortized Cost And Fair Value Of Debt Securities, By Contractual Maturity

(Dollars in thousands)

Amortized
cost

Fair
value

Due in one year or less

$

8,777

$

8,829

Due after one year through five years

21,363

21,739

Due after five years through ten years

117,891

122,307

Due after ten years

38,396

39,403

186,427

192,278

Mortgage-backed and asset-backed securities

92,895

93,939

$

279,322

$

286,217

Composition Of Net Realized Securities Gains

For the Three Months Ended

For the Six Months Ended

June 30,

June 30,

(Dollars in thousands)

2020

2019

2020

2019

Proceeds

$

$

14,906

$

165

$

18,781

Gross gains realized

248

281

Gross losses realized

(19)

(10)

(28)

Net gains (losses) realized

$

$

229

$

(10)

$

253

Tax (provision) benefit on net gains (losses) realized

$

$

(48)

$

2

$

(53)

Schedule Of Unrealized Loss On Investments

June 30, 2020

Less than 12 months

12 months or more

Total

Fair

Unrealized

Fair

Unrealized

Fair

Unrealized

(Dollars in thousands)

Value

Losses

Count

Value

Losses

Count

Value

Losses

Count

U.S. Government and Agency
  securities

$

6,792 

$

(47)

9 

$

1,983 

$

(18)

8 

$

8,775 

$

(65)

17 

Municipal securities

20,183 

(150)

19 

773 

(27)

1 

20,956 

(177)

20 

Trust preferred and Corporate securities

865 

(95)

1 

2,832 

(316)

4 

3,697 

(411)

5 

Agency mortgage-backed securities

11,872 

(47)

12 

2,759 

(12)

4 

14,631 

(59)

16 

Private-label mortgage-backed securities

3,881 

(33)

1 

3,881 

(33)

1 

Asset-backed securities

14,113 

(529)

15 

7,335 

(320)

11 

21,448 

(849)

26 

Total temporarily impaired
  securities

$

57,706 

$

(901)

57 

$

15,682 

$

(693)

28 

$

73,388 

$

(1,594)

85 

December 31, 2019

Less than 12 months

12 months or more

Total

Fair

Unrealized

Fair

Unrealized

Fair

Unrealized

(Dollars in thousands)

Value

Losses

Count

Value

Losses

Count

Value

Losses

Count

U.S. Government and Agency
  securities

$

2,559 

$

(12)

6 

$

1,335 

$

(8)

7 

$

3,894 

$

(20)

13 

Municipal securities

38,874 

(966)

40 

2,655 

(31)

4 

41,529 

(997)

44 

Trust preferred and Corporate securities

3,967 

(130)

5 

3,967 

(130)

5 

Agency mortgage-backed securities

21,185 

(185)

32 

6,555 

(49)

22 

27,740 

(234)

54 

Asset-backed securities

17,644 

(128)

19 

5,669 

(177)

9 

23,313 

(305)

28 

Total temporarily impaired
  securities

$

80,262 

$

(1,291)

97 

$

20,181 

$

(395)

47 

$

100,443 

$

(1,686)

144 

Other Than Temporary Impairment, Credit Losses Recognized In Earnings

Six Months Ended

(Dollars in thousands)

June 30,

2020

2019

Balance of cumulative credit-related OTTI at January 1

$

272

$

272

Additions for credit-related OTTI not previously recognized

Additional increases for credit-related OTTI previously recognized when there is

no intent to sell and no requirement to sell before recovery of amortized cost basis

Decreases for previously recognized credit-related OTTI because there was an intent to sell

Reduction for increases in cash flows expected to be collected

Balance of credit-related OTTI at June 30

$

272

$

272