XML 62 R52.htm IDEA: XBRL DOCUMENT v3.25.0.1

Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2024

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured at Fair Value

Assets and Liabilities Measured at Fair Value on a Recurring Basis

		Quoted Prices
		In Active				Significant
		Markets for				Other				Significant
		Identical				Observable				Unobservable
(Dollars in thousands)		Assets				Inputs				Inputs				Balance at
		(Level 1)				(Level 2)				(Level 3)				Date Indicated
Equity Securities Held at Fair Value - December 31, 2024
Equity securities		$	4,838			$	-			$	2,944			$	7,782
Investment Securities, Available for Sale -December 31, 2024
U. S. Government and federal agency		$	-			$	-			$	-			$	-
U. S. Treasury notes and bonds			80,502				-				-				80,502
State and municipal			-				228,236				-				228,236
Mortgage-backed			-				160,970				-				160,970
Corporate			-				212				-				212
Asset-backed Securities			-				9,197				-				9,197
Total		$	80,502			$	398,615			$	-			$	479,117
Derivative Instruments -December 31, 2024
Interest rate derivative contracts - assets		$	-			$	23,649			$	-			$	23,649
Interest rate derivative contracts - liabilities		$	-			$	-			$	-			$	-
Loan Swaps - December 31, 2024
Loan swaps - assets		$	-			$	686			$	-			$	686
Loan swaps - liabilities		$	-			$	686			$	-			$	686
Equity Securities Held at Fair Value -December 31, 2023
Equity securities		$	4,749			$	-			$	2,756			$	7,505
Investment Securities, Available for Sale -December 31, 2023
U. S. Government and federal agency		$	-			$	-			$	-			$	-
U. S. Treasury notes and bonds			80,194				-				-				80,194
State and municipal			-				234,682				-				234,682
Mortgage-backed			-				188,501				-				188,501
Corporate			-				204				-				204
Asset-backed Securities			-				11,017				-				11,017
Total		$	80,194			$	434,404			$	-			$	514,598
Derivative Instruments -December 31, 2023
Interest rate derivative contracts - assets		$	-			$	8,880			$	-			$	8,880
Interest rate derivative contracts - liabilities		$	-			$	-			$	-			$	-

Schedule of Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis

Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis

(Dollars in thousands)
						2024				2023
Equity Securities Held at Fair Value
Balance, January 1						$	2,756			$	2,542
Total realized and unrealized net gains included in noninterest income							105				71
Net purchases, sales, calls, and maturities							83				143
Balance, December 31						$	2,944			$	2,756
Amount of total losses for the period included in earning attributable to the change in    unrealized gains (losses) relating to assets and liabilities still held at December 31,						$	38			$	5

Schedule of Assets Measured at Fair Value on a Non-recurring Basis

Assets Measured at Fair Value on a Non-recurring Basis

						Quoted Prices
						In Active				Significant
						Markets for				Other				Significant
		Balances at				Identical				Observable				Unobservable
(Dollars in thousands)		Dates				Assets				Inputs				Inputs
		Indicated				(Level 1)				(Level 2)				(Level 3)
Collateral Dependent Loans
December 31, 2024		$	1,887			$	-			$	-			$	1,887
December 31, 2023		$	387			$	-			$	-			$	387
Other Real Estate
December 31, 2024		$	473			$	-			$	-			$	473
December 31, 2023		$	122			$	-			$	-			$	122

X

- Definition

Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

+ Details

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

X

- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

+ Details

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

X

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 101
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-101

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-3

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

+ Details

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

X

- References

No definition available.

+ Details

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