Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.21.4
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2021
Fair Value Measurements  
Schedule of assets that are measured at fair value on a recurring basis

Fair Value Measurements Using

    

Fair Value

    

Level 1

    

Level 2

    

Level 3

(Dollars in thousands)

September 30, 2021

 

  

 

  

 

  

 

  

Securities Available-for-sale

 

  

 

  

 

  

 

  

U.S. government agency obligations

$

10,445

 

$

 

$

10,445

$

Municipal obligations

 

10,845

 

 

10,845

 

Mortgage-backed residential obligations

 

45,478

 

 

45,478

 

Collateralized mortgage obligations

 

30,226

 

 

30,226

 

Loans held for sale

 

972

 

 

972

 

Total

$

97,966

 

$

 

$

97,966

$

December 31, 2020

 

  

 

  

 

  

 

  

Securities Available-for-sale

 

  

 

  

 

  

 

  

U.S. government agency obligations

$

7,147

 

$

 

$

7,147

$

Municipal obligations

 

10,980

 

 

10,980

 

Mortgage-backed residential obligations

 

43,094

 

 

43,094

 

Collateralized mortgage obligations

 

20,399

 

 

20,399

 

Loans held for sale

 

1,972

 

 

1,972

 

Total

$

83,592

 

$

 

$

83,592

$

Schedule of assets that are measured at fair value on a nonrecurring basis

Fair Value

Level 1

Level 2

Level 3

(Dollars in thousands)

September 30, 2021

 

  

 

  

 

  

 

  

Impaired loans

$

721

 

 

 

$

721

OREO

118

 

 

 

118

December 31, 2020

 

  

 

  

 

  

 

 

  

Impaired loans

$

925

 

 

 

$

925