Fair Values of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2016

Investments, All Other Investments [Abstract]

Schedule of Estimated Fair Values of Recognized Financial Instruments

The estimated fair values of recognized financial instruments as of June 30, 2016 and December 31, 2015 are as follows:

(Dollars in thousands)	Carrying Value		Level I		Level II		Level III		Fair Value
June 30, 2016
Financial assets
Cash and cash equivalents	$	28,127	$	28,127	$	—	$	—	$	28,127
Securities available-for-sale		119,355		1,072		118,283		—		119,355
Securities held-to-maturity		23,845		—		24,428		—		24,428
Restricted stock		4,614		4,614				—		4,614
Loans held for sale		350		350		—		—		350
Net loans		445,633		—		—		450,502		450,502
Bank-owned life insurance		10,222		10,222		—		—		10,222
Accrued interest receivable		1,455		1,455		—		—		1,455
Mortgage servicing rights		254		—		—		254		254
Financial liabilities
Deposits	$	516,497	$	399,862	$	—	$	117,191	$	517,053
Short-term borrowings		54,125		54,125		—				54,125
Other borrowings		12,574		—		—		12,905		12,905
Accrued interest payable		73		73		—		—		73
December 31, 2015
Financial assets
Cash and cash equivalents	$	38,272	$	38,272	$	—	$	—	$	38,272
Securities available-for-sale		127,969		1,064		126,905		—		127,969
Securities held-to-maturity		33,819		—		34,011		—		34,011
Restricted stock		4,614		4,614		—		—		4,614
Loans held for sale		47		47		—		—		47
Net loans		418,209		—		—		420,181		420,181
Bank-owned life insurance		10,085		10,085		—		—		10,085
Accrued interest receivable		1,513		1,513		—		—		1,513
Mortgage servicing rights		246		—		—		246		246
Financial liabilities
Deposits	$	525,042	$	405,776	$	—	$	119,867	$	525,643
Short-term borrowings		48,598		48,598		—		—		48,598
Other borrowings		13,465		—		—		13,667		13,667
Accrued interest payable		80		80		—		—		80