while we sold the majority of our residential first lien mortgage loan originations to investors , we held a portion of these originations in our loan portfolio to diversify our loan mix . we continued to grow our mortgage banking business until shortly after our merger with first mariner in 2018 , at which time we determined to reduce our mortgage banking activities . this decision was shaped by our impressions of both the evolution of the mortgage banking industry and the characteristics of the returns associated with our original diversification strategy . for instance , we saw a growing need for both scale and technology investments as non-depository institutions began to dominate this space , which would require us to re-allocate our resources of both human and financial capital into a non-core business activity . in addition , despite management efforts to increase returns on mortgage originations through changes in mortgage banking management , processes and product array , we were not meeting our internal expectations . as a result , after also considering , among other factors , regulatory risks related to mortgage banking , the distraction of management from our core customer business , the need to allocate resources to a non-core business activity , and the adverse impact of our mortgage business on our efficiency ratio , we ultimately determined to exit our mortgage banking activities . after a ten-month period of negotiations with both internal and external parties , in december 2019 , we entered into an agreement to exit our mortgage banking activities which resulted in a positive return on the sale of the domain name ( vamortgage.com ) and no severance or lease termination costs , other than $ 288 thousand of exit costs associated with change in control and retention agreements . the exit of our mortgage banking activities is discussed in note 3 to the consolidated financial statements . on december 6 , 2018 , we entered into subordinated note purchase agreements with certain institutional accredited investors pursuant to which we sold and issued $ 25.0 million in aggregate principal amount of 6.00 % fixed-to-floating rate subordinated notes due december 6 , 2028 ( the “ notes ” ) . we used the net proceeds from this offering for general corporate purposes , to provide for continued growth and to supplement our regulatory capital ratios . on march 1 , 2018 , we completed our merger with first mariner bank , a maryland chartered trust company ( “ first mariner ” ) . at the effective time of the merger , first mariner merged with and into the bank , with the bank continuing as the surviving bank . at the effective time of the merger , each outstanding share of first mariner common stock and first mariner series a non-voting non-cumulative perpetual preferred stock issued and outstanding was cancelled and converted into the right to receive 1.6624 shares of our common stock with cash paid in lieu of fractional shares . the aggregate merger consideration of $ 173.8 million included $ 9.2 million of cash and 9,143,222 shares of our common stock , which was valued at approximately $ 164.6 million . in our merger with first mariner , we acquired 14 branches located in baltimore city and baltimore , harford , howard and anne arundel counties . first mariner had total assets with a fair value of $ 1.01 billion as of march 1 , 2018 , including $ 664.3 million of loans , net of purchase accounting adjustments . on february 1 , 2017 , we closed an underwritten public offering of 2,760,000 shares of our common stock , which included the exercise in full of the underwriters ' over-allotment option , at a public offering price of $ 15.00 per share . the amount of gross proceeds raised in the offering was approximately $ 41.4 million , after underwriting discounts and estimated expenses , and the amount of net proceeds raised in this offering was $ 38.4 million . we used the proceeds of the offering to pay off a $ 12.7 million loan to raymond james bank , n.a . and retained the remainder . this had a positive impact on our liquidity and capital position in 2018 and provided funds that allowed us to continue to grow our loans and investments . recent market conditions our financial performance generally , and in particular the ability of our borrowers to repay their loans , the value of collateral securing those loans , as well as demand for loans and other products and services we offer , is highly dependent on the business environment in our primary markets where we operate and in the united states as a whole . in early 2020 , an outbreak of a novel strain of coronavirus was identified in wuhan , china . the coronavirus has since spread within china and infections have been found in a number of countries around the world , including the united states . the coronavirus and its associated impacts on trade ( including supply chains and export levels ) , travel , employee productivity and other economic activities has had , and may continue to have , a destabilizing effect on financial markets and economic activity . the extent of the impact of the coronavirus on our operational and financial performance is currently uncertain and can not be predicted and will depend on certain developments , including , among others , the duration and spread of the outbreak , its impact on our customers , employees and vendors , and governmental , regulatory and private sector responses , which may be precautionary , to the coronavirus . story_separator_special_tag we did not sell any securities during 2017. at december 31 , 2019 , $ 1.5 million of our securities portfolio matures in one year or less compared to $ 38.9 million at december 31 , 2018. available for sale securities give us the capacity to fund future loan growth while maintaining an appropriate amount of securities to provide the required collateral under our repurchase agreements . our held to maturity securities balances were $ 7.8 million at december 31 , 2019 and $ 9.3 million at december 31 , 2018. , consisting of investments in corporate debentures . the $ 1.5 million decrease year over year was the result of a bond call initiated by the underlying issuer . 33 our available for sale securities portfolio contained 16 securities with unrealized losses of $ 166 thousand at december 31 , 2019 , and 31 securities with unrealized losses of $ 275 thousand at december 31 , 2018. changes in the fair value of these securities resulted primarily from interest rate fluctuations . we do not intend to sell these securities nor is it more likely than not that we would be required to sell these securities before their anticipated recovery , and we believe the collection of the investment and related interest is probable . based on this analysis , we do not consider any of the unrealized losses to be other than temporary impairment . there were no held to maturity securities in a loss position at december 31 , 2019 , and one at december 31 , 2018. note 5 to our consolidated financial statements provides more detail concerning the composition of our portfolio and our process for evaluating the portfolio for other-than-temporary impairment . portfolio maturities and yields the composition and maturities of the investment securities portfolio ( with respect to those securities that have a fixed maturity date ) at december 31 , 2019 is summarized in the following table . maturities are based on the final contractual payment dates , and do not reflect the impact of prepayments or early redemptions that may occur . as of december 31 , 2019 after one after five ( in thousands ) one year or less through five years through ten years after ten years total weighted weighted weighted weighted weighted amortized average amortized average amortized average amortized average amortized average cost yield cost yield cost yield cost yield cost yield u.s. government agencies $ 1,497 1.96 % $ 49,162 3.01 % $ 15,769 2.50 % $ - - % $ 66,428 2.87 % mortgage-backed - - 4 4.74 4,547 3.13 135,367 2.95 139,918 2.96 other investments - - - - 5,510 6.70 - - 5,510 6.70 $ 1,497 1.96 % $ 49,166 3.01 % $ 25,826 3.51 % $ 135,367 2.95 % $ 211,856 3.02 % held to maturity corporate debentures $ - - $ - - $ 7,750 5.79 $ - - $ 7,750 5.79 % nonmarketable equity securities at december 31 , 2019 and 2018 , we held an investment in stock of the federal home loan bank ( “ fhlb ” ) of $ 14.2 million and $ 11.8 million , respectively . this investment is required for continued fhlb membership and is based partially upon the amount of borrowings outstanding from the fhlb . this fhlb stock is carried at cost . loan and lease portfolio total loans and leases increased $ 95.8 million , or 5.8 % , to $ 1.74 billion at december 31 , 2019 from $ 1.65 billion at december 31 , 2018 , primarily as a result of organic growth . overall , residential real estate loans increased $ 38.9 million , commercial loans and leases increased $ 36.0 million , and commercial real estate loans increased $ 24.0 million in 2019 , from 2018 , as we continued to focus on the needs of small- and medium-sized businesses in our market area . within residential real estate , first lien mortgages increased $ 54.4 million , including $ 27.4 million purchased from a non-affiliated mortgage banking entity , which was partially offset by a $ 15.5 million decrease in residential-junior lien mortgages . the following table sets forth the composition of our loan portfolio at the dates indicated . replace_table_token_3_th 34 loan portfolio maturities the following table summarizes the scheduled repayments of our loan portfolio and sets forth the scheduled repayments of fixed and adjustable rate loans in our portfolio at december 31 , 2019. replace_table_token_4_th loans held for sale we sell the majority of the residential mortgage loans that we originate . outstanding balances for the loans held for sale portfolio increased $ 9.4 million to $ 30.7 million at december 31 , 2019 , from $ 21.3 million at december 31 , 2018. our mortgage loan origination for sale volume was $ 573.3 million in 2019 compared to $ 586.4 million in 2018. as previously mentioned , in december 2019 , we entered into an agreement to exit our mortgage banking activities , and we expect to have the majority of the residential first lien mortgage pipeline processed by the end of the first quarter of 2020. goodwill and other intangible assets goodwill represents the consideration paid in excess of the fair value of net assets acquired ( including identifiable intangibles ) in a business combination . we initially recorded $ 70.1 million of goodwill associated with the first mariner merger in 2018. based upon updated information the goodwill was adjusted downward in the first quarter of 2019 by $ 4.7 million to reflect adjustments to net deferred tax assets as detailed in note 2 of our consolidated financial statements , resulting in a decrease of our total goodwill at december 31 , 2019 to $ 65.9 million . our core deposit intangible represents the estimated value of long-term deposit relationships acquired in a business combination and is amortized over the estimated useful lives of the long-term deposits acquired . the unamortized balance of

subordinated debt on december 6 , 2018 , the company entered into subordinated note purchase agreements with certain purchasers pursuant to which the company sold and issued $ 25.0 million in aggregate principal amount of 6.00 % fixed-to-floating rate subordinated notes due december 6 , 2028. the company used the net proceeds of this offering for general corporate purposes , to provide for continued growth and to supplement its regulatory capital ratios . the notes were structured to qualify initially as tier 2 capital for regulatory capital purposes and bear an initial interest rate of 6.00 % per annum from and including december 6 , 2018 , to but excluding december 6 , 2023 , with interest during this period payable semi-annually in arrears . from and including december 6 , 2023 , to but excluding the maturity date or early redemption date , the interest rate will reset quarterly to an annual floating rate equal to three-month libor , plus 302 basis points , with interest during this period payable quarterly in arrears . the notes are redeemable by the company at its option , in whole or in part , on or after december 6 , 2023 . 36 patapsco statutory trust i , a connecticut statutory business trust and an unconsolidated wholly-owned subsidiary of the company ( the “ trust ” ) , issued $ 5.0 million of capital trust pass-through securities to investors . the interest rate currently adjusts on a quarterly basis at the rate of the three-month libor plus 1.48 % . the trust purchased $ 5,155,000 of junior subordinated deferrable interest debentures from patapsco bancorp , a bank holding company that we acquired in 2015. the debentures are the sole asset of the trust and , in our acquisition of patapsco bancorp , we assumed its obligation to fully and unconditionally guaranteed the obligations of the trust under the capital securities . the capital securities are redeemable by us at par .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```subordinated debt on december 6 , 2018 , the company entered into subordinated note purchase agreements with certain purchasers pursuant to which the company sold and issued $ 25.0 million in aggregate principal amount of 6.00 % fixed-to-floating rate subordinated notes due december 6 , 2028. the company used the net proceeds of this offering for general corporate purposes , to provide for continued growth and to supplement its regulatory capital ratios . the notes were structured to qualify initially as tier 2 capital for regulatory capital purposes and bear an initial interest rate of 6.00 % per annum from and including december 6 , 2018 , to but excluding december 6 , 2023 , with interest during this period payable semi-annually in arrears . from and including december 6 , 2023 , to but excluding the maturity date or early redemption date , the interest rate will reset quarterly to an annual floating rate equal to three-month libor , plus 302 basis points , with interest during this period payable quarterly in arrears . the notes are redeemable by the company at its option , in whole or in part , on or after december 6 , 2023 . 36 patapsco statutory trust i , a connecticut statutory business trust and an unconsolidated wholly-owned subsidiary of the company ( the “ trust ” ) , issued $ 5.0 million of capital trust pass-through securities to investors . the interest rate currently adjusts on a quarterly basis at the rate of the three-month libor plus 1.48 % . the trust purchased $ 5,155,000 of junior subordinated deferrable interest debentures from patapsco bancorp , a bank holding company that we acquired in 2015. the debentures are the sole asset of the trust and , in our acquisition of patapsco bancorp , we assumed its obligation to fully and unconditionally guaranteed the obligations of the trust under the capital securities . the capital securities are redeemable by us at par .
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 Suspicious Activity Report : while we sold the majority of our residential first lien mortgage loan originations to investors , we held a portion of these originations in our loan portfolio to diversify our loan mix . we continued to grow our mortgage banking business until shortly after our merger with first mariner in 2018 , at which time we determined to reduce our mortgage banking activities . this decision was shaped by our impressions of both the evolution of the mortgage banking industry and the characteristics of the returns associated with our original diversification strategy . for instance , we saw a growing need for both scale and technology investments as non-depository institutions began to dominate this space , which would require us to re-allocate our resources of both human and financial capital into a non-core business activity . in addition , despite management efforts to increase returns on mortgage originations through changes in mortgage banking management , processes and product array , we were not meeting our internal expectations . as a result , after also considering , among other factors , regulatory risks related to mortgage banking , the distraction of management from our core customer business , the need to allocate resources to a non-core business activity , and the adverse impact of our mortgage business on our efficiency ratio , we ultimately determined to exit our mortgage banking activities . after a ten-month period of negotiations with both internal and external parties , in december 2019 , we entered into an agreement to exit our mortgage banking activities which resulted in a positive return on the sale of the domain name ( vamortgage.com ) and no severance or lease termination costs , other than $ 288 thousand of exit costs associated with change in control and retention agreements . the exit of our mortgage banking activities is discussed in note 3 to the consolidated financial statements . on december 6 , 2018 , we entered into subordinated note purchase agreements with certain institutional accredited investors pursuant to which we sold and issued $ 25.0 million in aggregate principal amount of 6.00 % fixed-to-floating rate subordinated notes due december 6 , 2028 ( the “ notes ” ) . we used the net proceeds from this offering for general corporate purposes , to provide for continued growth and to supplement our regulatory capital ratios . on march 1 , 2018 , we completed our merger with first mariner bank , a maryland chartered trust company ( “ first mariner ” ) . at the effective time of the merger , first mariner merged with and into the bank , with the bank continuing as the surviving bank . at the effective time of the merger , each outstanding share of first mariner common stock and first mariner series a non-voting non-cumulative perpetual preferred stock issued and outstanding was cancelled and converted into the right to receive 1.6624 shares of our common stock with cash paid in lieu of fractional shares . the aggregate merger consideration of $ 173.8 million included $ 9.2 million of cash and 9,143,222 shares of our common stock , which was valued at approximately $ 164.6 million . in our merger with first mariner , we acquired 14 branches located in baltimore city and baltimore , harford , howard and anne arundel counties . first mariner had total assets with a fair value of $ 1.01 billion as of march 1 , 2018 , including $ 664.3 million of loans , net of purchase accounting adjustments . on february 1 , 2017 , we closed an underwritten public offering of 2,760,000 shares of our common stock , which included the exercise in full of the underwriters ' over-allotment option , at a public offering price of $ 15.00 per share . the amount of gross proceeds raised in the offering was approximately $ 41.4 million , after underwriting discounts and estimated expenses , and the amount of net proceeds raised in this offering was $ 38.4 million . we used the proceeds of the offering to pay off a $ 12.7 million loan to raymond james bank , n.a . and retained the remainder . this had a positive impact on our liquidity and capital position in 2018 and provided funds that allowed us to continue to grow our loans and investments . recent market conditions our financial performance generally , and in particular the ability of our borrowers to repay their loans , the value of collateral securing those loans , as well as demand for loans and other products and services we offer , is highly dependent on the business environment in our primary markets where we operate and in the united states as a whole . in early 2020 , an outbreak of a novel strain of coronavirus was identified in wuhan , china . the coronavirus has since spread within china and infections have been found in a number of countries around the world , including the united states . the coronavirus and its associated impacts on trade ( including supply chains and export levels ) , travel , employee productivity and other economic activities has had , and may continue to have , a destabilizing effect on financial markets and economic activity . the extent of the impact of the coronavirus on our operational and financial performance is currently uncertain and can not be predicted and will depend on certain developments , including , among others , the duration and spread of the outbreak , its impact on our customers , employees and vendors , and governmental , regulatory and private sector responses , which may be precautionary , to the coronavirus . story_separator_special_tag we did not sell any securities during 2017. at december 31 , 2019 , $ 1.5 million of our securities portfolio matures in one year or less compared to $ 38.9 million at december 31 , 2018. available for sale securities give us the capacity to fund future loan growth while maintaining an appropriate amount of securities to provide the required collateral under our repurchase agreements . our held to maturity securities balances were $ 7.8 million at december 31 , 2019 and $ 9.3 million at december 31 , 2018. , consisting of investments in corporate debentures . the $ 1.5 million decrease year over year was the result of a bond call initiated by the underlying issuer . 33 our available for sale securities portfolio contained 16 securities with unrealized losses of $ 166 thousand at december 31 , 2019 , and 31 securities with unrealized losses of $ 275 thousand at december 31 , 2018. changes in the fair value of these securities resulted primarily from interest rate fluctuations . we do not intend to sell these securities nor is it more likely than not that we would be required to sell these securities before their anticipated recovery , and we believe the collection of the investment and related interest is probable . based on this analysis , we do not consider any of the unrealized losses to be other than temporary impairment . there were no held to maturity securities in a loss position at december 31 , 2019 , and one at december 31 , 2018. note 5 to our consolidated financial statements provides more detail concerning the composition of our portfolio and our process for evaluating the portfolio for other-than-temporary impairment . portfolio maturities and yields the composition and maturities of the investment securities portfolio ( with respect to those securities that have a fixed maturity date ) at december 31 , 2019 is summarized in the following table . maturities are based on the final contractual payment dates , and do not reflect the impact of prepayments or early redemptions that may occur . as of december 31 , 2019 after one after five ( in thousands ) one year or less through five years through ten years after ten years total weighted weighted weighted weighted weighted amortized average amortized average amortized average amortized average amortized average cost yield cost yield cost yield cost yield cost yield u.s. government agencies $ 1,497 1.96 % $ 49,162 3.01 % $ 15,769 2.50 % $ - - % $ 66,428 2.87 % mortgage-backed - - 4 4.74 4,547 3.13 135,367 2.95 139,918 2.96 other investments - - - - 5,510 6.70 - - 5,510 6.70 $ 1,497 1.96 % $ 49,166 3.01 % $ 25,826 3.51 % $ 135,367 2.95 % $ 211,856 3.02 % held to maturity corporate debentures $ - - $ - - $ 7,750 5.79 $ - - $ 7,750 5.79 % nonmarketable equity securities at december 31 , 2019 and 2018 , we held an investment in stock of the federal home loan bank ( “ fhlb ” ) of $ 14.2 million and $ 11.8 million , respectively . this investment is required for continued fhlb membership and is based partially upon the amount of borrowings outstanding from the fhlb . this fhlb stock is carried at cost . loan and lease portfolio total loans and leases increased $ 95.8 million , or 5.8 % , to $ 1.74 billion at december 31 , 2019 from $ 1.65 billion at december 31 , 2018 , primarily as a result of organic growth . overall , residential real estate loans increased $ 38.9 million , commercial loans and leases increased $ 36.0 million , and commercial real estate loans increased $ 24.0 million in 2019 , from 2018 , as we continued to focus on the needs of small- and medium-sized businesses in our market area . within residential real estate , first lien mortgages increased $ 54.4 million , including $ 27.4 million purchased from a non-affiliated mortgage banking entity , which was partially offset by a $ 15.5 million decrease in residential-junior lien mortgages . the following table sets forth the composition of our loan portfolio at the dates indicated . replace_table_token_3_th 34 loan portfolio maturities the following table summarizes the scheduled repayments of our loan portfolio and sets forth the scheduled repayments of fixed and adjustable rate loans in our portfolio at december 31 , 2019. replace_table_token_4_th loans held for sale we sell the majority of the residential mortgage loans that we originate . outstanding balances for the loans held for sale portfolio increased $ 9.4 million to $ 30.7 million at december 31 , 2019 , from $ 21.3 million at december 31 , 2018. our mortgage loan origination for sale volume was $ 573.3 million in 2019 compared to $ 586.4 million in 2018. as previously mentioned , in december 2019 , we entered into an agreement to exit our mortgage banking activities , and we expect to have the majority of the residential first lien mortgage pipeline processed by the end of the first quarter of 2020. goodwill and other intangible assets goodwill represents the consideration paid in excess of the fair value of net assets acquired ( including identifiable intangibles ) in a business combination . we initially recorded $ 70.1 million of goodwill associated with the first mariner merger in 2018. based upon updated information the goodwill was adjusted downward in the first quarter of 2019 by $ 4.7 million to reflect adjustments to net deferred tax assets as detailed in note 2 of our consolidated financial statements , resulting in a decrease of our total goodwill at december 31 , 2019 to $ 65.9 million . our core deposit intangible represents the estimated value of long-term deposit relationships acquired in a business combination and is amortized over the estimated useful lives of the long-term deposits acquired . the unamortized balance of

