Securities (Tables)

9 Months Ended

Sep. 30, 2020

Securities

Summary of available for sale debt securities

	September 30, 2020
			Gross		Gross
	Amortized		Unrealized		Unrealized
(Dollars in thousands)	Cost		Gains		Losses		Fair Value
U.S. government agencies and corporations	$	48,180	$	126	$	(14)	$	48,292
Mortgage-backed securities		112,587		3,304		(53)		115,838
Obligations of states and political subdivisions		98,672		2,403		(51)		101,024
Corporate and other debt securities		6,962		1		(26)		6,937
	$	266,401	$	5,834	$	(144)	$	272,091

	December 31, 2019
			Gross		Gross
	Amortized		Unrealized		Unrealized
(Dollars in thousands)	Cost		Gains		Losses		Fair Value
U.S. government agencies and corporations	$	21,454	$	3	$	(17)	$	21,440
Mortgage-backed securities		85,649		979		(43)		86,585
Obligations of states and political subdivisions		80,656		1,111		(59)		81,708
	$	187,759	$	2,093	$	(119)	$	189,733

Schedule of amortized cost and estimated fair value of securities, by the earlier of contractual maturity or expected maturity

	September 30, 2020
	Amortized
(Dollars in thousands)	Cost		Fair Value
Due in one year or less	$	66,586	$	66,844
Due after one year through five years		143,712		148,133
Due after five years through ten years		53,135		54,051
Due after ten years		2,968		3,063
	$	266,401	$	272,091

Schedule of gross realized gains and losses and the proceeds

	Three Months Ended September 30,				Nine Months Ended September 30,
(Dollars in thousands)	2020		2019		2020		2019
Realized gains from sales, maturities and calls of securities:
Gross realized gains	$	4	$	3	$	11	$	8
Gross realized losses		—		—		—		—
Net realized gains	$	4	$	3	$	11	$	8
Proceeds from sales, maturities, calls and paydowns of securities	$	30,288	$	21,954	$	101,068	$	55,593

Schedule of securities in an unrealized loss position

Securities in an unrealized loss position at September 30, 2020, by duration of the period of the unrealized loss, are shown below.

	Less Than 12 Months				12 Months or More				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
(Dollars in thousands)	Value		Loss		Value		Loss		Value		Loss
U.S. government agencies and corporations	$	15,345	$	14	$	—	$	—	$	15,345	$	14
Mortgage-backed securities		10,335		53		—		—		10,335		53
Obligations of states and political subdivisions		7,900		51		—		—		7,900		51
Corporate and other debt securities		1,684		26		—		—		1,684		26
Total temporarily impaired securities	$	35,264	$	144	$	—	$	—	$	35,264	$	144

Securities in an unrealized loss position at December 31, 2019, by duration of the period of the unrealized loss, are shown below.

	Less Than 12 Months				12 Months or More				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
(Dollars in thousands)	Value		Loss		Value		Loss		Value		Loss
U.S. government agencies and corporations	$	6,256	$	11	$	4,094	$	6	$	10,350	$	17
Mortgage-backed securities		4,099		7		10,166		36		14,265		43
Obligations of states and political subdivisions		9,187		53		1,368		6		10,555		59
Total temporarily impaired securities	$	19,542	$	71	$	15,628	$	48	$	35,170	$	119