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Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2025

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Recorded at Fair Value on a Recurring Basis

The following table presents assets and liabilities that are measured at fair value on a recurring basis as of September 30, 2025 and December 31, 2024 aggregated by the level in the fair value hierarchy within which those measurements fall:

									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)
September 30, 2025
Assets:
U.S. Treasury			$	5,057					$	5,057					$	—					$	—
U.S. government and federal agency obligations			—						—						—						—
U.S. government-sponsored enterprises			11,083						—						11,083						—
Obligations of states and political subdivisions			101,284						—						101,284						—
Mortgage-backed securities
Residential			61,322						—						61,322						—
Commercial			13,398						—						13,398						—
Other debt securities			23,282						—						23,282						—
Bank-issued trust preferred securities			1,279						—						1,279						—
Equity securities			62						62						—						—
Derivative instruments, interest rate swaps			354												354
Total			$	218,553					$	5,119					$	213,434					$	—
Liabilities:
Derivative instruments, interest rate swaps			$	390					$	—					$	390					$	—
Total			$	390					$	—					$	390					$	—
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
Residential			64,371						—						64,371						—
Commercial			13,739						—						13,739
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					$	—

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)
			Mortgage Servicing Rights												Interest Rate Lock Commitments
			Nine Months Ended September 30,
(dollars in thousands)			2025						2024						2025						2024
Balance at beginning of period			$	—					$	1,738					$	—					$	41
Total gains or (losses) (realized/unrealized):
Included in earnings			—						(68)						—						(11)
Sales (1)			—						(1,670)						—						(86)
Issues			—						—						—						56
Balance at end of period			$	—					$	—					$	—					$	—

(1) The Company sold its servicing portfolio on January 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)												Year to Date Total Gains (Losses) (1)
September 30, 2025
Collateral dependent loans:
Commercial, financial, & agricultural			$	1,225					$	—					$	—					$	1,225											$	—
Real estate mortgage - residential			401						—						—						401												—
Real estate mortgage - commercial			65						—						—						65												—
Total			$	1,691					$	—					$	—					$	1,691											$	—
Other real estate and repossessed assets			$	2,425					$	—					$	—					$	2,425											$	(225)
December 31, 2024
Collateral dependent loans:
Commercial, financial, & agricultural			$	641					$	—					$	—					$	641											$	(1,931)
Real estate construction − residential			260						—						—						260												—
Real estate mortgage - residential			—						—						—						—												—
Real estate mortgage - commercial			65						—						—						65												(436)
Total			$	966					$	—					$	—					$	966											$	(2,367)
Other real estate and repossessed assets			$	546					$	—					$	—					$	546											$	875

(1)Total gains (losses) reported for other real estate and foreclosed assets include charge-offs and valuation write downs during the nine months ended September 30, 2025 and the year ended December 31, 2024, respectively.

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
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-Publisher FASB
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Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class 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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-Topic 820
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Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 101
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-101

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-Topic 820
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