XML 33 R22.htm IDEA: XBRL DOCUMENT v3.25.3

Fair Value Accounting (Tables)

9 Months Ended

Sep. 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
										September 30, 2025
(dollars in thousands)		Level 1				Level 2				Level 3				Total
Assets
Securities available for saleLevel 1 [Member]
Corporate bonds		$	-				1,959				-				1,959
US treasuriesLevel 2 [Member]			-				944				-				944
US government agencies			-				15,165				-				15,165
State and political subdivisionsLevel 3 [Member]			-				19,901				-				19,901
Asset-backed securities			-				33,774				-				33,774
Mortgage-backed securities			-				59,297				-				59,297
Mortgage loans held for sale			-				6,906				-				6,906
Mortgage loan interest rate lock commitments			-				366				-				366
Total assets measured at fair value on a recurring basis		$	-				138,312				-				138,312
Liabilities
MBS forward sales commitments		$	-				8				-				8
Derivative liability			-				1,664				-				1,664
Total liabilities measured at fair value on a recurring basis		$	-				1,672				-				1,672

		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 September 30, 2025
(dollars in thousands)		Level 1				Level 2				Level 3				Total
Assets
Individually evaluated loans		$	-				10,512				1,063				11,575
Other real estate owned			-				275				-				275
Total assets measured at fair value on a nonrecurring basis		$	-				10,787				1,063				11,850

										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
										September 30, 2025
(dollars in thousands)		Carrying Amount				Fair Value				Level 1				Level 2				Level 3
Financial Assets:
Other investments, at cost		$	20,066				20,066				-				-				20,066
Loans1			3,734,452				3,517,817				-				-				3,517,817
Financial Liabilities:
Deposits			3,676,417				3,444,304				-				3,444,304				-
Subordinated debentures			24,903				27,030				-				27,030				-

										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

Reference 2: 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 3: 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

+ Details

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

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 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
-Section 55
-Paragraph 10
-SubTopic 10
-Topic 825
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482881/825-10-55-10

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-13

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482881/825-10-55-12

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-12

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-11

+ Details

Name:	us-gaap_FairValueByBalanceSheetGroupingTextBlock
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

X

- 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

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