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

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Fair Value Measurements Using

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Fair Value

    

Level 1

    

Level 2

    

Level 3

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(Dollars in thousands)

September 30, 2021

 

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​

  

 

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Securities Available-for-sale

 

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​

  

 

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U.S. government agency obligations

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$

10,445

 

$

—

 

$

10,445

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$

—

Municipal obligations

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10,845

 

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—

 

​

10,845

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—

Mortgage-backed residential obligations

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45,478

 

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—

 

​

45,478

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—

Collateralized mortgage obligations

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30,226

 

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—

 

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30,226

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—

Loans held for sale

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972

 

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—

 

​

972

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—

Total

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$

97,966

 

$

—

 

$

97,966

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$

—

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December 31, 2020

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Securities Available-for-sale

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​

  

 

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U.S. government agency obligations

​

$

7,147

 

$

—

 

$

7,147

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$

—

Municipal obligations

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10,980

 

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—

 

​

10,980

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—

Mortgage-backed residential obligations

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43,094

 

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—

 

​

43,094

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—

Collateralized mortgage obligations

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20,399

 

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—

 

​

20,399

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—

Loans held for sale

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1,972

 

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—

 

​

1,972

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—

Total

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$

83,592

 

$

—

 

$

83,592

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$

—

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

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Fair Value

​

Level 1

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Level 2

​

Level 3

​

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(Dollars in thousands)

September 30, 2021

 

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Impaired loans

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$

721

 

—

 

—

 

$

721

OREO

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​

118

 

—

 

—

 

​

118

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December 31, 2020

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Impaired loans

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$

925

 

—

 

—

 

$

925