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Fair Value (Tables)

12 Months Ended

Dec. 31, 2025

Fair Value Disclosures [Abstract]

Quantitative Information about Assets Measured Utilizing Level 3 Fair Value Measurement

The following tables list the quantitative fair value information about loans measured at fair value on a nonrecurring basis as of December 31:

			2025
Valuation Technique			Fair Value			Unobservable Input						Actual Range						Weighted Average
Collateral Dependent Loans						Discount applied to collateral:
Discounted value			$	4,319		Real Estate						20% - 25%						20%
						Liquor license						75%						75%
						Furniture, fixtures & equipment						40%						40%

2024

Valuation Technique

Fair Value

Unobservable Input

Actual Range

Weighted Average

Collateral Dependent Loans

Discount applied to collateral:

Discounted value

$

254

Real Estate

20%

20%

Fair Value Measurements, Nonrecurring

The following tables list the quantitative information about OMSR fair value measurement as of December 31:

2025
Valuation Technique			Fair Value			Unobservable Input						Rate
Discounted cash flow			$	2,090		Constant prepayment rate						7%
						Discount rate						11%

2024
Valuation Technique			Fair Value			Unobservable Input						Rate
Discounted cash flow			$	2,483		Constant prepayment rate						7%
						Discount rate						11%

Carrying Amount and Estimated Fair Value of Financial Instruments not Recorded at Fair Value

The carrying amount and estimated fair value of financial instruments not recorded at fair value in their entirety on a recurring basis were as follows as of December 31:

			2025
			Carrying Value						Estimated Fair Value						Level 1						Level 2						Level 3
ASSETS
Cash and cash equivalents			$	26,041					$	26,041					$	26,041					$	—					$	—
FHLB stock (1)			5,600						N/A						—						—						—
Mortgage loans HFS			423						429						—						429						—
Loans			1,536,364						1,502,009						—						—						1,502,009
Less allowance for credit losses			13,727						13,727						—						—						13,727
Net loans			1,522,637						1,488,282						—						—						1,488,282
Accrued interest receivable			8,397						8,397						8,397						—						—
Equity securities without readily determinable fair values (1)			3,086						N/A						—						—						—
LIABILITIES
Deposits without stated maturities			1,409,589						1,409,589						1,409,589						—						—
Deposits with stated maturities			410,065						409,191						—						409,191						—
Short-term borrowings			68,000						66,355						—						66,355						—
FHLB advances			45,000						45,004						—						45,004						—
Subordinated debt, net of unamortized issuance costs			29,514						29,095						—						29,095						—
Accrued interest payable			1,059						1,059						1,059						—						—

			2024
			Carrying Value						Estimated Fair Value						Level 1						Level 2						Level 3
ASSETS
Cash and cash equivalents			$	24,542					$	24,542					$	24,542					$	—					$	—
FHLB stock (1)			12,762						N/A						—						—						—
Mortgage loans HFS			242						247						—						247						—
Loans			1,423,571						1,363,883						—						—						1,363,883
Less allowance for credit losses			12,895						12,895						—						—						12,895
Net loans			1,410,676						1,350,988						—						—						1,350,988
Accrued interest receivable			8,085						8,085						8,085						—						—
Equity securities without readily determinable fair values (1)			3,086						N/A						—						—						—
LIABILITIES
Deposits without stated maturities			1,359,469						1,359,469						1,359,469						—						—
Deposits with stated maturities			387,591						385,200						—						385,200						—
Short-term borrowings			53,567						53,503						—						53,503						—
FHLB advances			30,000						30,000						—						30,000						—
Subordinated debt, net of unamortized issuance costs			29,424						27,658						—						27,658						—
Accrued interest payable			1,051						1,051						1,051						—						—

(1) Due to the characteristics of equity securities without readily determinable fair values, they are not disclosed under a specific fair value hierarchy. When an impairment or write-down related to these securities is recorded, such amount would be classified as a nonrecurring Level 3 fair value adjustment

Assets and Liabilities Measured at Fair Value

The table below presents the recorded amount of assets and liabilities measured at fair value on December 31:

			2025																								2024
			Total						Level 1						Level 2						Level 3						Total						Level 1						Level 2						Level 3
Recurring items
AFS securities
U.S. Treasury			$	197,534					$	—					$	197,534					$	—					$	220,571					$	—					$	220,571					$	—
States and political subdivisions			69,205						—						69,205						—						76,568						—						76,568						—
Auction rate money market preferred			2,413						—						2,413						—						3,044						—						3,044						—
Mortgage-backed securities			22,252						—						22,252						—						26,886						—						26,886						—
Collateralized mortgage obligations			200,466						—						200,466						—						154,674						—						154,674						—
Corporate			5,921						—						5,921						—						7,286						—						7,286						—
Total AFS securities			497,791						—						497,791						—						489,029						—						489,029						—
Nonrecurring items
Collateral dependent (net of ACL)			4,319						—						—						4,319						254						—						—						254
OMSR			2,090						—						—						2,090						2,185						—						—						2,185
Foreclosed assets			938						—						—						938						544						—						—						544
Total			$	505,138					$	—					$	497,791					$	7,347					$	492,012					$	—					$	489,029					$	2,983
Percent of assets and liabilities measured at fair value									0.00		%				98.55		%				1.45		%										0.00		%				99.39		%				0.61		%

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Tabular disclosure of financial instrument measured at fair value on recurring or nonrecurring basis. Includes, but is not limited to, instrument classified in shareholders' equity.

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