Fair Value (Tables) |
3 Months Ended |
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Mar. 31, 2021 | |
Fair Value Disclosures [Abstract] | |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] | Quoted Prices in Significant Active Markets Other Significant for Observable Unobservable Identical Assets Inputs Inputs (Dollars in thousands) Amount (Level 1) (Level 2) (Level 3) March 31, 2021: Securities available-for-sale: Agency obligations $ 105,182 — 105,182 — Agency RMBS 182,506 — 182,506 — State and political subdivisions 71,942 — 71,942 — Total securities available 359,630 — 359,630 — Total $ 359,630 — 359,630 — December 31, 2020: Securities available-for-sale: Agency obligations $ 97,448 — 97,448 — Agency RMBS 163,470 — 163,470 — State and political subdivisions 74,259 — 74,259 — Total securities available 335,177 — 335,177 — Total $ 335,177 — 335,177 — |
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Table Text Block] | Quoted Prices in Active Markets Other Significant for Observable Unobservable Carrying Identical Assets Inputs Inputs (Dollars in thousands) Amount (Level 1) (Level 2) (Level 3) March 31, 2021: Loans held for sale $ 1,279 — 1,279 — Loans, net (1) 309 — — 309 Other assets (2) 1,322 — — 1,322 Total assets at fair value $ 2,910 — 1,279 1,631 December 31, 2020: Loans held for sale $ 3,418 — 3,418 — Loans, net (1) 319 — — 319 Other assets (2) 1,330 — — 1,330 Total assets at fair value $ 5,067 — 3,418 1,649 (1) Loans considered impaired under ASC 310-10-35 Receivables. of any related allowance for loan losses (2) Represents MSRs, net which are carried at lower of |
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block] | Weighted Carrying Significant Average (Dollars in thousands) Amount Valuation Technique Unobservable Input Range of Input March 31, 2021: Impaired loans $ 309 Appraisal Appraisal discounts 10.0 - 10.0 % 10.0 % Mortgage servicing rights, net 1,322 Discounted cash flow Prepayment Speed or CPR 12.2 - 16.4 16.0 Discount rate 10.0 - 12.0 10.0 December 31, 2020: Impaired loans $ 319 Appraisal Appraisal discounts 10.0 - 10.0 % 10.0 % Mortgage servicing rights, net 1,330 Discounted cash flow Prepayment Speed or CPR 18.2 - 36.4 20.7 Discount rate 10.0 - 12.0 10.0 |
Financial Instruments [Table Text Block] | Fair Value Hierarchy Carrying Estimated Level 1 Level 2 Level 3 (Dollars in thousands) amount fair value inputs inputs Inputs March 31, 2021: Financial Assets: Loans, net (1) $ 456,197 $ 452,585 $ — $ — $ 452,585 Loans held for sale 1,279 1,318 — 1,318 — Financial Liabilities: Time Deposits $ 159,162 $ 160,606 $ — $ 160,606 $ — December 31, 2020: Financial Assets: Loans, net (1) $ 456,082 $ 451,816 $ — $ — $ 451,816 Loans held for sale 3,418 3,509 — 3,509 — Financial Liabilities: Time Deposits $ 160,401 $ 162,025 $ — $ 162,025 $ — (1) Represents loans, net of unearned income and the allowance |