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Fair Value Measurements And Fair Values Of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2022

Fair Value Measurements And Fair Values Of Financial Instruments [Abstract]

Schedule Of Fair Value, Assets And Liabilities Measured On Recurring Basis

(Dollars in Thousands		Fair Value at December 31, 2022
Asset Description		Level 1			Level 2			Level 3			Total
Equity securities, at fair value		$	411		$	—		$	—		$	411
Available for sale:
U.S. Treasury			90,257			—			—			90,257
Municipal			—			155,455			—			155,455
Corporate			—			24,239			—			24,239
Agency mortgage & asset-backed			—			150,935			—			150,935
Non-Agency mortgage & asset-backed			—			65,950			—			65,950
Total assets		$	90,668		$	396,579		$	—		$	487,247

(Dollars in Thousands)		Fair Value at December 31, 2021
Asset Description		Level 1			Level 2			Level 3			Total
Equity securities, at fair value		$	481		$	—		$	—		$	481
Available for sale:
U.S. Treasury			84,286			—			—			84,286
Municipal			—			212,227			—			212,227
Corporate			—			24,939			—			24,939
Agency mortgage & asset-backed			—			177,685			—			177,685
Non-Agency mortgage & asset-backed			—			30,674			—			30,674
Total assets		$	84,767		$	445,525		$	—		$	530,292

Schedule Of Fair Value On A Nonrecurring Basis

(Dollars in Thousands)		Fair Value at December 31, 2021
Asset Description		Level 1			Level 2			Level 3			Total
Impaired Loans (1)		$	—		$	—		$	4,880		$	4,880
Total assets			—		$	—		$	4,880		$	4,880

(1) Includes assets directly charged down to fair value during the year-to-date period or those for which a specific reserve has been established.

Fair Value Inputs, Assets, Quantitative Information

(Dollars in Thousands)			Quantitative Information about Level 3 Fair Value Measurements
									Range
December 31, 2021			Fair Value		Valuation Technique		Unobservable Input		(Weighted Average)
Impaired Loans		$	4,880		Appraisal		Appraisal Adjustment on
							Real estate assets		20% (20%)
							Non-real estate assets		50% - 100% (83%)
							Cost to sell		8%

Fair Value, By Balance Sheet Grouping

	December 31, 2022
	Carrying			Fair
(Dollars in thousands)	Amount			Value			Level 1			Level 2			Level 3
Financial assets, carried at cost:
Cash and cash equivalents	$	64,899		$	64,899		$	64,899		$	—		$	—
Long-term interest-bearing deposits in other banks		13,975			13,975			13,975
Loans held for sale		283			287			—			287			—
Net loans		1,036,866			986,141			—			—			986,141
Accrued interest receivable		6,354			6,354			—			—			6,354
Financial liabilities:
Deposits	$	1,551,448		$	1,550,030		$	—		$	1,550,030		$	—
Subordinate notes		19,623			17,876			—			17,876			—
Accrued interest payable		192			192			—			192			—
	December 31, 2021
	Carrying			Fair
(Dollars in thousands)	Amount			Value			Level 1			Level 2			Level 3
Financial assets, carried at cost:
Cash and cash equivalents	$	175,149		$	175,149		$	175,149		$	—		$	—
Long-term interest-bearing deposits in other banks		10,492			10,492			10,492
Loans held for sale		2,827			2,940			—			2,940			—
Net loans		983,746			1,003,580			—			—			1,003,580
Accrued interest receivable		5,217			5,217			—			—			5,217
Financial liabilities:
Deposits	$	1,584,359		$	1,616,128		$	—		$	1,616,128		$	—
Subordinate notes		19,588			19,909			—			19,909			—
Accrued interest payable		83			83			—			83			—

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.

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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).

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Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

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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).

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