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Investment Securities (Tables) | 12 Months Ended
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Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract] |
Schedule of amortized costs and fair value of investment securities |
|  | December 31, 2022 |
|  | Amortized |  |  | Gross Unrealized |  |  | Fair |
(dollars in thousands) |  | Cost |  |  | Gains |  |  | Losses |  |  | Value |
Available for sale |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate bonds |  | $ | 2,172 |  |  |  | - |  |  |  | 289 |  |  | 1,883 |
US treasuries |  |  | 999 |  |  |  | - |  |  |  | 128 |  |  | 871 |
US government agencies |  |  | 13,007 |  |  |  | - |  |  |  | 2,390 |  |  | 10,617 |
State and political subdivisions |  |  | 22,910 |  |  |  | - |  |  |  | 4,004 |  |  | 18,906 |
Asset-backed securities |  |  | 6,435 |  |  |  | - |  |  |  | 206 |  |  | 6,229 |
Mortgage-backed securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
FHLMC |  |  | 24,086 |  |  |  | - |  |  |  | 3,745 |  |  | 20,341 |
FNMA |  |  | 35,141 |  |  |  | - |  |  |  | 5,520 |  |  | 29,621 |
GNMA |  |  | 5,573 |  |  |  | - |  |  |  | 694 |  |  | 4,879 |
Total mortgage-backed securities |  |  | 64,800 |  |  |  | - |  |  |  | 9,959 |  |  | 54,841 |
Total |  | $ | 110,323 |  |  |  | - |  |  |  | 16,976 |  |  | 93,347 |
|  | December 31, 2021 |
|  | Amortized |  |  | Gross Unrealized |  |  | Fair |
(dollars in thousands) |  | Cost |  |  | Gains |  |  | Losses |  |  | Value |
Available for sale |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate bonds |  | $ | 2,198 |  |  |  | - |  |  |  | 10 |  |  | 2,188 |
US treasuries |  |  | 999 |  |  |  | - |  |  |  | 7 |  |  | 992 |
US government agencies |  |  | 14,504 |  |  |  | 1 |  |  |  | 336 |  |  | 14,169 |
SBA securities |  |  | 429 |  |  |  | 9 |  |  |  | - |  |  | 438 |
State and political subdivisions |  |  | 24,887 |  |  |  | 549 |  |  |  | 260 |  |  | 25,176 |
Asset-backed securities |  |  | 10,136 |  |  |  | 45 |  |  |  | 17 |  |  | 10,164 |
Mortgage-backed securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
FHLMC |  |  | 23,057 |  |  |  | 102 |  |  |  | 494 |  |  | 22,665 |
FNMA |  |  | 40,924 |  |  |  | 235 |  |  |  | 660 |  |  | 40,499 |
GNMA |  |  | 4,084 |  |  |  | 3 |  |  |  | 97 |  |  | 3,990 |
Total mortgage-backed securities |  |  | 68,065 |  |  |  | 340 |  |  |  | 1,251 |  |  | 67,154 |
Total |  | $ | 121,218 |  |  |  | 944 |  |  |  | 1,881 |  |  | 120,281 |
Schedule of amortized costs and fair values of investment securities available for sale by contractual maturity |
|  | December 31, 2022 |  |  | December 31, 2021 |
(dollars in thousands) |  | Amortized Cost |  |  | Fair Value |  |  | Amortized Cost |  |  | Fair Value |
Available for sale |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Due within one year |  | $ | - |  |  |  | - |  |  | $ | 384 |  |  |  | 387 |
Due after one through five years |  |  | 9,398 |  |  |  | 8,277 |  |  |  | 7,429 |  |  |  | 7,363 |
Due after five through ten years |  |  | 24,436 |  |  |  | 20,043 |  |  |  | 27,298 |  |  |  | 26,953 |
Due after ten years |  |  | 76,489 |  |  |  | 65,027 |  |  |  | 86,107 |  |  |  | 85,578 |
|  | $ | 110,323 |  |  |  | 93,347 |  |  | $ | 121,218 |  |  |  | 120,281 |
Schedule of gross unrealized losses on investment securities and fair market value of related securities |
|  |  |  | December 31, 2022 |
|  | Less than 12 months |  |  | 12 months or longer |  |  | Total |
(dollars in thousands) |  | # |  |  | Fair value |  |  | Unrealized losses |  |  | # |  |  | Fair value |  |  | Unrealized losses |  |  | # |  |  | Fair value |  |  | Unrealized losses |
As of December 31, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Available for sale |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate bonds |  |  | 0 |  |  | $ | - |  |  | $ | - |  |  |  | 1 |  |  | $ | 1,883 |  |  | $ | 289 |  |  |  | 1 |  |  | $ | 1,883 |  |  | $ | 289 |
US treasuries |  |  | 0 |  |  |  | - |  |  |  | - |  |  |  | 1 |  |  |  | 871 |  |  |  | 128 |  |  |  | 1 |  |  |  | 871 |  |  |  | 128 |
US government agencies |  |  | 0 |  |  |  | - |  |  |  | - |  |  |  | 10 |  |  |  | 10,617 |  |  |  | 2,390 |  |  |  | 10 |  |  |  | 10,617 |  |  |  | 2,390 |
State and political subdivisions |  |  | 10 |  |  |  | 5,101 |  |  |  | 763 |  |  |  | 22 |  |  |  | 13,805 |  |  |  | 3,241 |  |  |  | 32 |  |  |  | 18,906 |  |  |  | 4,004 |
Asset-backed |  |  | 5 |  |  |  | 4,291 |  |  |  | 135 |  |  |  | 3 |  |  |  | 1,938 |  |  |  | 71 |  |  |  | 8 |  |  |  | 6,229 |  |  |  | 206 |
Mortgage-backed |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
FHLMC |  |  | 4 |  |  |  | 3,712 |  |  |  | 155 |  |  |  | 17 |  |  |  | 16,629 |  |  |  | 3,590 |  |  |  | 21 |  |  |  | 20,341 |  |  |  | 3,745 |
FNMA |  |  | 9 |  |  |  | 2,208 |  |  |  | 201 |  |  |  | 28 |  |  |  | 27,413 |  |  |  | 5,319 |  |  |  | 37 |  |  |  | 29,621 |  |  |  | 5,520 |
GNMA |  |  | 1 |  |  |  | 103 |  |  |  | 7 |  |  |  | 6 |  |  |  | 4,776 |  |  |  | 687 |  |  |  | 7 |  |  |  | 4,879 |  |  |  | 694 |
|  |  | 29 |  |  | $ | 15,415 |  |  | $ | 1,261 |  |  |  | 88 |  |  | $ | 77,932 |  |  | $ | 15,715 |  |  |  | 117 |  |  | $ | 93,347 |  |  | $ | 16,976 |
|  | December 31, 2021 |
|  | Less than 12 months |  |  | 12 months or longer |  |  | Total |
(dollars in thousands) |  | # |  |  | Fair value |  |  | Unrealized losses |  |  | # |  |  | Fair value |  |  | Unrealized losses |  |  | # |  |  | Fair value |  |  | Unrealized losses |
As of December 31, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Available for sale |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate bonds |  |  | 1 |  |  | $ | 2,188 |  |  | $ | 10 |  |  |  | - |  |  | $ | - |  |  | $ | - |  |  |  | 1 |  |  | $ | 2,188 |  |  | $ | 10 |
US treasuries |  |  | 1 |  |  |  | 992 |  |  |  | 7 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 1 |  |  |  | 992 |  |  |  | 7 |
US government agencies |  |  | 7 |  |  |  | 9,831 |  |  |  | 173 |  |  |  | 4 |  |  |  | 3,837 |  |  |  | 163 |  |  |  | 11 |  |  |  | 13,668 |  |  |  | 336 |
State and political subdivisions |  |  | 9 |  |  |  | 7,821 |  |  |  | 193 |  |  |  | 6 |  |  |  | 2,909 |  |  |  | 67 |  |  |  | 15 |  |  |  | 10,730 |  |  |  | 260 |
Asset-backed |  |  | 2 |  |  |  | 1,751 |  |  |  | 9 |  |  |  | 2 |  |  |  | 1,717 |  |  |  | 7 |  |  |  | 4 |  |  |  | 3,468 |  |  |  | 16 |
Mortgage-backed |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
FHLMC |  |  | 10 |  |  |  | 13,705 |  |  |  | 303 |  |  |  | 4 |  |  |  | 4,644 |  |  |  | 192 |  |  |  | 14 |  |  |  | 18,349 |  |  |  | 495 |
FNMA |  |  | 11 |  |  |  | 16,098 |  |  |  | 296 |  |  |  | 9 |  |  |  | 11,264 |  |  |  | 364 |  |  |  | 20 |  |  |  | 27,362 |  |  |  | 660 |
GNMA |  |  | 2 |  |  |  | 655 |  |  |  | 4 |  |  |  | 3 |  |  |  | 3,215 |  |  |  | 93 |  |  |  | 5 |  |  |  | 3,870 |  |  |  | 97 |
|  |  | 43 |  |  | $ | 53,041 |  |  | $ | 995 |  |  |  | 28 |  |  | $ | 27,586 |  |  | $ | 886 |  |  |  | 71 |  |  | $ | 80,627 |  |  | $ | 1,881 |
Schedule of other investments |
|  | December 31, |
(dollars in thousands) |  | 2022 |  |  | 2021 |
Federal Home Loan Bank stock |  | $ | 9,250 |  |  | $ | 1,241 |
Other nonmarketable investments |  |  | 1,180 |  |  |  | 2,377 |
Investment in Trust Preferred subsidiaries |  |  | 403 |  |  |  | 403 |
Total other investments |  | $ | 10,833 |  |  | $ | 4,021 |

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