Securities Available-for-Sale (Tables)

12 Months Ended

Dec. 31, 2018

Text Block [Abstract]

Summary of Securities Available-for-Sale

	December 31, 2018								December 31, 2017
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value		Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
(dollars in thousands)
U.S. Treasury	$	2,000	$	—	$	8	$	1,992	$	1,999	$	—	$	15	$	1,984
U. S. Government Sponsored Enterprises		3,946		—		31		3,915		—		—		—		—
SBA Backed Securities		70,477		1		284		70,194		81,065		46		161		80,950
U.S. Government Agency and Sponsored Enterprises Mortgage-Backed Securities		162,604		536		250		162,890		225,537		555		317		225,775
Privately Issued Residential Mortgage-Backed Securities		679		3		10		672		897		4		9		892
Obligations Issued by States and Political Subdivisions		93,445		58		—		93,503		82,849		—		249		82,600
Other Debt Securities		3,600		37		44		3,593		3,600		68		39		3,629
Total	$	336,751	$	635	$	627	$	336,759	$	395,947	$	673	$	790	$	395,830

Estimated Maturity Distribution of Securities Available-for-Sale

The following table shows the estimated maturity distribution of the Company’s securities available-for-sale at December 31, 2018.

	Amortized Cost		Fair Value
(dollars in thousands)
Within one year	$	92,935	$	92,918
After one but within five years		83,286		83,112
After five but within ten years		136,075		136,244
More than ten years		24,455		24,485
Total	$	336,751	$	336,759

Continuous Unrealized Loss Position for 12 Months or Less and 12 Months and Longer

The following table shows the temporarily impaired securities of the Company’s available-for-sale portfolio at December 31, 2018. This table shows the unrealized market loss of securities that have been in a continuous unrealized loss position for 12 months or less and a continuous loss position for 12 months and longer. There are 10 and 30 securities that are temporarily impaired for less than 12 months and for 12 months or longer, respectively, out of a total of 190 holdings at December 31, 2018.

	December 31, 2018
	Less Than 12 Months				12 Months or Longer				Total
Temporarily Impaired Investments	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
(dollars in thousands)
U.S. Treasury	$	—	$	—	$	1,992	$	8	$	1,992	$	8
U.S. Government Sponsored Enterprises		3,914		31		—		—		3,914		31
SBA Backed Securities		17,950		28		44,323		256		62,273		284
U.S. Government Agency and Sponsored Enterprise Mortgage-Backed Securities		19,244		21		45,782		229		65,026		250
Privately Issued Residential Mortgage-Backed Securities		—		—		495		10		495		10
Obligations Issued by States and Political Subdivisions		—		—		—		—		—		—
Other Debt Securities		—		—		455		44		455		44
Total temporarily impaired securities	$	41,108	$	80	$	93,047	$	547	$	134,155	$	627

The following table shows the temporarily impaired securities of the Company’s available-for-sale portfolio at December 31, 2017. This table shows the unrealized market loss of securities that have been in a continuous unrealized loss position for 12 months or less and a continuous loss position for 12 months and longer. There are 16 and 26 securities that are temporarily impaired for less than 12 months and for 12 months or longer, respectively, out of a total of 249 holdings at December 31, 2017.

	December 31, 2017
	Less Than 12 Months				12 Months or Longer				Total
Temporarily Impaired Investments	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
(dollars in thousands)
U.S. Treasury	$	1,984	$	15	$	—	$	—	$	1,984	$	15
U.S. Government Sponsored Enterprises		—		—		—		—		—		—
SBA Backed Securities		18,378		54		40,911		107		59,289		161
U.S. Government Agency and Sponsored Enterprise Mortgage-Backed Securities		40,394		123		59,336		194		99,730		317
Privately Issued Residential Mortgage-Backed Securities		—		—		633		9		633		9
Obligations Issued by States and Political Subdivisions		—		—		4,458		249		4,458		249
Other Debt Securities		400		1		461		38		861		39
Total temporarily impaired securities	$	61,156	$	193	$	105,799	$	597	$	166,955	$	790