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Fair Value Accounting (Tables) | 9 Months Ended
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Sep. 30, 2024
Fair Value Disclosures [Abstract] |
Schedule of assets and liabilities measured at fair value on a recurring basis |
Schedule of assets and liabilities measured at fair value on a recurring basis |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  | September 30, 2024 |
(dollars in thousands) |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Assets |  |  |  |  |  |  |  |  |  |  |  |
Securities available for sale |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate bonds |  | $ | - |  |  |  | 1,947 |  |  |  | - |  |  |  | 1,947 |
US treasuries |  |  | - |  |  |  | 924 |  |  |  | - |  |  |  | 924 |
US government agencies |  |  | - |  |  |  | 16,686 |  |  |  | - |  |  |  | 16,686 |
State and political subdivisions |  |  | - |  |  |  | 20,023 |  |  |  | - |  |  |  | 20,023 |
Asset-backed securities |  |  | - |  |  |  | 34,265 |  |  |  | - |  |  |  | 34,265 |
Mortgage-backed securities |  |  | - |  |  |  | 60,752 |  |  |  | - |  |  |  | 60,752 |
Mortgage loans held for sale |  |  | - |  |  |  | 8,602 |  |  |  | - |  |  |  | 8,602 |
Mortgage loan interest rate lock commitments |  |  | - |  |  |  | 354 |  |  |  | - |  |  |  | 354 |
Total assets measured at fair value on a recurring basis |  | $ | - |  |  |  | 143,553 |  |  |  | - |  |  |  | 143,553 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Derivative liability |  |  | - |  |  |  | 3,063 |  |  |  | - |  |  |  | 3,063 |
MBS forward sales commitments |  |  | - |  |  |  | 48 |  |  |  | - |  |  |  | 48 |
Total liabilities measured at fair value on a recurring basis |  | $ | - |  |  |  | 3,111 |  |  |  | - |  |  |  | 3,111 |
|  | December 31, 2023 |
(dollars in thousands) |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Assets |  |  |  |  |  |  |  |  |  |  |  |
Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate bonds |  | $ | - |  |  |  | 1,910 |  |  |  | - |  |  |  | 1,910 |
US treasuries |  |  | - |  |  |  | 9,394 |  |  |  | - |  |  |  | 9,394 |
US government agencies |  |  | - |  |  |  | 18,656 |  |  |  | - |  |  |  | 18,656 |
State and political subdivisions |  |  | - |  |  |  | 19,741 |  |  |  | - |  |  |  | 19,741 |
Asset-backed securities |  |  | - |  |  |  | 33,236 |  |  |  | - |  |  |  | 33,236 |
Mortgage-backed securities |  |  | - |  |  |  | 51,765 |  |  |  | - |  |  |  | 51,765 |
Mortgage loans held for sale |  |  | - |  |  |  | 7,194 |  |  |  | - |  |  |  | 7,194 |
Mortgage loan interest rate lock commitments |  |  | - |  |  |  | 159 |  |  |  | - |  |  |  | 159 |
Total assets measured at fair value on a recurring basis |  | $ | - |  |  |  | 142,055 |  |  |  | - |  |  |  | 142,055 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Derivative liability |  | $ | - |  |  |  | 482 |  |  |  | - |  |  |  | 482 |
MBS forward sales commitments |  |  | - |  |  |  | 68 |  |  |  | - |  |  |  | 68 |
Total liabilities measured at fair value on a recurring basis |  | $ | - |  |  |  | 550 |  |  |  | - |  |  |  | 550 |
Schedule of assets and liabilities measured at fair value on a nonrecurring basis |
Schedule of assets and liabilities measured at fair value on a nonrecurring basis |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | As of September 30, 2024 |
(dollars in thousands) Level 1 [Member] |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Assets |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated loans Level 2 [Member] |  | $ | - |  |  |  | 8,954 |  |  |  | 1,812 |  |  |  | 10,766 |
Total assets measured at fair value on a nonrecurring basis |  | $ | - |  |  |  | 8,954 |  |  |  | 1,812 |  |  |  | 10,766 |
|  | As of December 31, 2023 |
(dollars in thousands) |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Assets |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated loans Level 3 [Member] |  | $ | - |  |  |  | 1,160 |  |  |  | 2,976 |  |  |  | 4,136 |
Total assets measured at fair value on a nonrecurring basis |  | $ | - |  |  |  | 1,160 |  |  |  | 2,976 |  |  |  | 4,136 |
Schedule of unobservable inputs used in the fair value measurements |
Schedule of unobservable inputs used in the fair value measurements |  |  |
| Valuation Technique | Significant Unobservable Inputs | Range of Inputs
Individually evaluated loans | Appraised Value/ Discounted Cash Flows | Discounts to appraisals or cash flows for estimated holding and/or selling costs or age of appraisal | 0-25%
Schedule of estimated fair values of the company's financial instruments |
Schedule of estimated fair values of the company's financial instruments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  | September 30, 2024 |
(dollars in thousands) |  | Carrying Amount |  |  | Fair Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Financial Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other investments, at cost |  | $ | 19,640 |  |  |  | 19,640 |  |  |  | - |  |  |  | - |  |  |  | 19,640 |
Loans1 |  |  | 3,567,000 |  |  |  | 3,302,316 |  |  |  | - |  |  |  | - |  |  |  | 3,302,316 |
Financial Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  |  | 3,518,825 |  |  |  | 3,348,532 |  |  |  | - |  |  |  | 3,348,532 |  |  |  | - |
Subordinated debentures |  |  | 24,903 |  |  |  | 28,200 |  |  |  | - |  |  |  | 28,200 |  |  |  | - |
|  |  |  |  |  |  |  | December 31, 2023 |
(dollars in thousands) |  | Carrying Amount |  |  | Fair Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Financial Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other investments, at cost |  | $ | 19,939 |  |  |  | 19,939 |  |  |  | - |  |  |  | - |  |  |  | 19,939 |
Loans1 |  |  | 3,557,120 |  |  |  | 3,337,768 |  |  |  | - |  |  |  | - |  |  |  | 3,337,768 |
Financial Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  |  | 3,379,564 |  |  |  | 2,961,182 |  |  |  | - |  |  |  | 2,961,182 |  |  |  | - |
Subordinated debentures |  |  | 36,322 |  |  |  | 40,712 |  |  |  | - |  |  |  | 40,712 |  |  |  | - |
1 | Carrying amount is net of the allowance for credit losses and individually evaluated loans.

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- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 103 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-103 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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- 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
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- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-11 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, 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
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