INVESTMENT SECURITIES (Tables) |
12 Months Ended |
---|---|
Dec. 31, 2020 | |
Investments, Debt and Equity Securities [Abstract] | |
Schedule of investment securities with maturity distribution based on contractual maturities |
Available for
Held to Maturity
Amortized
Market
Amortized
Market
(Dollars in Thousands)
Cost
Value
Cost
Value
Due in one year or less
$
104,382
$
105,245
$
5,001
$
5,014
Due after one through five years
28,057
28,269
-
-
Mortgage-Backed Securities
456
515
164,938
170,161
U.S. Government Agency
180,623
183,168
-
-
Equity Securities
7,673
7,673
-
-
Total
$
321,191
$
324,870
$
169,939
$
175,175
|
Schedule of investment securities with continuous unrealized loss position |
Less Than 12 Months
Greater Than 12 Months
Total
Market
Unrealized
Market
Unrealized
Market
Unrealized
(Dollars in Thousands)
Value
Losses
Value
Losses
Value
Losses
December 31, 2020
Available for
U.S. Government Agency
28,266
156
4,670
28
32,936
184
Total
28,266
156
4,670
28
32,936
184
December 31, 2019
Available for
U.S. Government Treasury
$
9,955
$
-
$
93,310
$
67
$
103,265
$
67
U.S. Government Agency
36,361
244
17,364
81
53,725
325
States and Political Subdivisions
578
-
-
-
578
-
Mortgage-Backed Securities
8
-
-
-
8
-
Total
46,902
244
110,674
148
157,576
392
Held to Maturity
U.S. Government Treasury
-
-
15,022
9
15,022
9
States and Political Subdivisions
1,033
-
-
-
1,033
-
Mortgage-Backed Securities
22,581
42
16,027
138
38,608
180
Total
$
23,614
$
42
$
31,049
$
147
$
54,663
$
189
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- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. No definition available.
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- References No definition available.
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- Definition For all investments in an unrealized loss position, including those for which other-than-temporary impairments have not been recognized in earnings (including investments for which a portion of an other-than-temporary impairment has been recognized in other comprehensive income), a tabular disclosure of the aggregate related fair value of investments with unrealized losses and the aggregate amount of unrealized losses (that is, the amount by which amortized cost basis exceeds fair value). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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