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Fair Value Measurements (Tables) | 12 Months Ended
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Dec. 31, 2024
Fair Value Disclosures [Abstract] |
Schedule of Assets and Liabilities Recorded at Fair Value on a Recurring Basis |
|  |  | Fair Value Measurements
(dollars in thousands) | Fair Value |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
December 31, 2024 |  |  |  |  |  |  |
Assets: |  |  |  |  |  |  |
U.S. Treasury | $ | 4,915 |  |  | $ | 4,915 |  |  | $ | — |  |  | $ | — |
U.S. government and federal agency obligations | 401 |  |  | — |  |  | 401 |  |  | — |
U.S. government-sponsored enterprises | 12,804 |  |  | — |  |  | 12,804 |  |  | — |
Obligations of states and political subdivisions | 102,486 |  |  | — |  |  | 102,486 |  |  | — |
Mortgage-backed securities | 78,110 |  |  | — |  |  | 78,110 |  |  | — |
Other debt securities | 18,687 |  |  | — |  |  | 18,687 |  |  | — |
Bank-issued trust preferred securities | 1,249 |  |  | — |  |  | 1,249 |  |  | — |
Equity securities | 74 |  |  | 74 |  |  | — |  |  | — |
Derivative instruments, interest rate swaps | 66 |  |  | — |  |  | 66 |  |  | — |
Total | $ | 218,792 |  |  | $ | 4,989 |  |  | $ | 213,803 |  |  | $ | — |
Liabilities: |  |  |  |  |  |  |
Derivative instruments, interest rate swaps | $ | 89 |  |  | $ | — |  |  | $ | 89 |  |  | $ | — |
Total | $ | 89 |  |  | $ | — |  |  | $ | 89 |  |  | $ | — |
December 31, 2023 |  |  |  |  |  |  |
Assets: |  |  |  |  |  |  |
U.S. Treasury | $ | 1,978 |  |  | $ | 1,978 |  |  | $ | — |  |  | $ | — |
U.S. government and federal agency obligations | 427 |  |  | — |  |  | 427 |  |  | — |
U.S. government-sponsored enterprises | 21,822 |  |  | — |  |  | 21,822 |  |  | — |
Obligations of states and political subdivisions | 106,885 |  |  | — |  |  | 106,885 |  |  | — |
Mortgage-backed securities | 45,640 |  |  | — |  |  | 45,640 |  |  | — |
Other debt securities | 10,821 |  |  | — |  |  | 10,821 |  |  | — |
Bank-issued trust preferred securities | 1,169 |  |  | — |  |  | 1,169 |  |  | — |
Equity securities | 78 |  |  | 78 |  |  | — |  |  | — |
Interest rate lock commitments | 43 |  |  | — |  |  | — |  |  | 43 |
Loans held for sale | 3,884 |  |  | — |  |  | 3,884 |  |  | — |
Mortgage servicing rights | 1,738 |  |  | — |  |  | — |  |  | 1,738 |
Total | $ | 194,485 |  |  | $ | 2,056 |  |  | $ | 190,648 |  |  | $ | 1,781 |
Liabilities: |  |  |  |  |  |  |
Interest rate lock commitments | $ | 2 |  |  | $ | — |  |  | $ | — |  |  | $ | 2 |
Forward sale commitments | 41 |  |  | — |  |  | 41 |  |  | — |
Total | $ | 43 |  |  | $ | — |  |  | $ | 41 |  |  | $ | 2 |
Schedule of Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis | The changes in Level 3 assets and liabilities measured at fair value on a recurring basis are summarized as follows:
| Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
(dollars in thousands) | Mortgage Servicing Rights | Interest Rate Lock Commitments
Balance at December 31, 2022 | $ | 2,899 |  | $ | 2 |
Total (losses) or gains (realized/unrealized): |  |
Included in earnings | (1,200) |  | (35) |
Included in other comprehensive income | — |  | — |
Purchases | — |  | — |
Sales | — |  | (169) |
Issues | 39 |  | 243 |
Settlements | — |  | — |
Balance at December 31, 2023 | $ | 1,738 |  | $ | 41 |
Total (losses) or gains (realized/unrealized): |  |
Included in earnings | (68) |  | (11) |
Included in other comprehensive income | — |  | — |
Purchases | — |  | — |
Sales | (1,670) |  | (86) |
Issues | — |  | 56 |
Settlements | — |  | — |
Balance at December 31, 2024 | $ | — |  | $ | — |
Schedule of Valuation Methods for Instruments Measured at Fair Value on a Nonrecurring Basis |
|  |  | Fair Value Measurements Using
(dollars in thousands) | Total Fair Value |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3) |  | Total Gains (Losses)*
December 31, 2024 |  |  |  |  |  |  |  |  |
Assets: |  |  |  |  |  |  |  |  |
Collateral dependent loans: |  |  |  |  |  |  |  |  |
Commercial, financial, & agricultural | $ | 641 |  |  | $ | — |  |  | $ | — |  |  | $ | 641 |  |  | $ | (1,931) |
Real estate construction - residential | 260 |  |  | — |  |  | — |  |  | 260 |  |  | — |
Real estate mortgage - residential | — |  |  | — |  |  | — |  |  | — |  |  | (50) |
Real estate mortgage - commercial | 65 |  |  | — |  |  | — |  |  | 65 |  |  | (436) |
Total | $ | 966 |  |  | $ | — |  |  | $ | — |  |  | $ | 966 |  |  | $ | (2,417) |
Other real estate and repossessed assets | $ | 546 |  |  | $ | — |  |  | $ | — |  |  | $ | 546 |  |  | $ | 875 |
December 31, 2023 |  |  |  |  |  |  |  |  |
Assets: |  |  |  |  |  |  |  |  |
Collateral dependent loans: |  |  |  |  |  |  |  |  |
Commercial, financial, & agricultural | $ | 921 |  |  | $ | — |  |  | $ | — |  |  | $ | 921 |  |  | $ | (76) |
Real estate construction - residential | 268 |  |  | — |  |  | — |  |  | 268 |  |  | — |
Real estate mortgage - residential | 27 |  |  | — |  |  | — |  |  | 27 |  |  | (88) |
Real estate mortgage - commercial | $ | 2,369 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,369 |  |  | $ | (32) |
Total | $ | 3,585 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,585 |  |  | $ | (196) |
Other real estate and repossessed assets | $ | 1,744 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,744 |  |  | $ | (4,431) |
* | Total gains (losses) reported for other real estate owned and repossessed assets includes charge-offs, valuation write-downs, and net losses taken during the periods reported.

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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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