XML 55 R35.htm IDEA: XBRL DOCUMENT v3.25.0.1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2024

Accounting Policies [Abstract]

Schedule of the Impact of Topic 326

The following table illustrates the impact of Topic 326:

						January 1, 2023
(In thousands)						Pre Topic 326						As Reported Under Topic 326						Impact of Topic 326 Adoption
Allowance for Credit Losses on Loans:
Commercial and industrial						$	(2,848)					$	(2,086)					$	762
Commercial real estate						(10,016)						(11,122)						(1,106)
Real estate construction						(1,000)						(2,347)						(1,347)
Residential mortgage						(3,029)						(3,326)						(297)
Home equity lines of credit						(347)						(364)						(17)
Consumer						(376)						(234)						142
Unallocated						(245)						—						245
Allowance for credit losses on loans						$	(17,861)					$	(19,479)					$	(1,618)
Assets:
Total Loans, net of allowance for credit losses						$	1,520,749					$	1,519,131					$	1,618
Net deferred tax asset						17,718						18,452						734
Liabilities:
Allowance for unfunded commitments						92						1,735						1,643
Equity:
Retained earnings						245,042						242,674						2,368

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountingPoliciesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 805
-SubTopic 60
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476176/805-60-65-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-3

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-1

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482989/270-10-45-12

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482989/270-10-45-13

+ Details

Name:	us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration