Fair Value Measurements at December 31,2019 Using

(dollar in thousands)

Carrying Amount

Quoted Prices in Active Markets for Identical Assets (Level1)

Significant Other Observable Inputs (Level2)

Significant Unobservable Inputs (Level3)

Fair Value at December 31, 2019

Assets:

Cash and cash equivalents

$

75,804

$

75,804

$

-

$

-

$

75,804

Securities

4,490

-

4,490

-

4,490

Loans held for sale

66,798

-

66,798

-

66,798

Loans held for investment, net

595,035

-

580,903

Interest receivable

2,044

-

2,044

-

2,044

Bank owned life insurance

20,050

-

20,050

-

20,050

Total

$

764,221

$

75,804

$

93,382

$

580,903

$

750,089

Liabilities:

Deposits

$

641,709

$

-

$

504,522

$

139,713

$

644,235

Short-term debt

10,000

-

10,000

-

10,000

Long-term debt

53,201

-

53,543

Interest payable

354

-

354

-

354

Total

$

705,264

$

-

$

514,876

$

193,256

$

708,132