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Fair Value Accounting (Tables)

6 Months Ended

Jun. 30, 2025

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
										June 30, 2025
(dollars in thousands)		Level 1				Level 2				Level 3				Total
Assets
Securities available for saleLevel 1 [Member]
Corporate bonds		$	-				1,962				-				1,962
US treasuriesLevel 2 [Member]			-				936				-				936
US government agenciesLevel 3 [Member]			-				15,565				-				15,565
State and political subdivisions			-				19,502				-				19,502
Asset-backed securities			-				34,334				-				34,334
Mortgage-backed securities			-				56,568				-				56,568
Mortgage loans held for sale			-				10,739				-				10,739
Mortgage loan interest rate lock commitments			-				376				-				376
Total assets measured at fair value on a recurring basis		$	-				139,982				-				139,982
Liabilities
MBS forward sales commitments		$	-				133				-				133
Derivative liability			-				1,457				-				1,457
Total liabilities measured at fair value on a recurring basis		$	-				1,590				-				1,590

		December 31, 2024
(dollars in thousands)		Level 1				Level 2				Level 3				Total
Assets
Securities available for sale:
Corporate bonds		$	-				1,927				-				1,927
US treasuries			-				908				-				908
US government agencies			-				15,795				-				15,795
State and political subdivisions			-				19,322				-				19,322
Asset-backed securities			-				36,538				-				36,538
Mortgage-backed securities			-				57,637				-				57,637
Mortgage loans held for sale			-				4,565				-				4,565
Mortgage loan interest rate lock commitments			-				188				-				188
Derivative asset			-				3,698				-				3,698
MBS forward sales commitments			-				40				-				40
Total assets measured at fair value on a recurring basis		$	-				140,618				-				140,618

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 June 30, 2025
(dollars in thousands)		Level 1				Level 2				Level 3				Total
Assets
Individually evaluated loans		$	-				9,963				1,086				11,049
Total assets measured at fair value on a nonrecurring basis		$	-				9,963				1,086				11,049
											As of December 31, 2024
(dollars in thousands)			Level 1				Level 2				Level 3				Total
Assets
Individually evaluated loans		$	-				9,139				1,127				10,266
Total assets measured at fair value on a nonrecurring basis		$	-				9,139				1,127				10,266

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
										June 30, 2025
(dollars in thousands)		Carrying Amount				Fair Value				Level 1				Level 2				Level 3
Financial Assets:
Other investments, at cost		$	19,906				19,906				-				-				19,906
Loans1			3,692,840				3,457,034				-				-				3,457,034
Financial Liabilities:
Deposits			3,636,329				3,388,043				-				3,388,043				-
Subordinated debentures			24,903				27,408				-				27,408				-
											December 31, 2024
(dollars in thousands)			Carrying Amount				Fair Value				Level 1				Level 2				Level 3
Financial Assets:
Other investments, at cost		$	19,490				19,490				-				-				19,490
Loans1			3,579,640				3,319,602				-				-				3,319,602
Financial Liabilities:
Deposits			3,435,765				3,158,893				-				3,158,893				-
Subordinated debentures			24,903				27,539				-				27,539				-

¹ Carrying amount is net of the allowance for credit losses and individually evaluated loans.

X

- 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/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

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-Topic 820
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-URI https://asc.fasb.org/1943274/2147482078/820-10-55-103

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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

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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://www.xbrl.org/2003/role/exampleRef
-Name Accounting Standards Codification
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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

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