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Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2024

Benefit Plans [Abstract]

Schedule Of Plan's Funded Status And Assumptions Used

		For the Years Ended December 31
(Dollars in thousands)		2024			2023
Change in projected benefit obligation
Benefit obligation at beginning of measurement year		$	13,129		$	13,865
Service cost			219			216
Interest cost			769			806
Actuarial (gain) loss			(14)			(214)
Benefits paid			(855)			(1,544)
Benefit obligation at end of measurement year			13,248			13,129
Change in plan assets
Fair value of plan assets at beginning of measurement year			13,962			13,779
Actual return on plan assets net of expenses			1,414			1,727
Benefits paid			(855)			(1,544)
Fair value of plan assets at end of measurement year			14,521			13,962
Funded status of projected benefit obligation		$	1,273		$	833
		For the Years Ended December 31
		2024			2023
Assumptions used to determine benefit obligations:
Discount rate			6.32%			5.96%
Rate of compensation increase			5.00%			6.00%
Expected long-term return on plan assets			6.00%			6.00%

Schedule Of Amounts Recognized In Other Comprehensive Income (Loss)

(Dollars in thousands)
Amounts recognized in accumulated other comprehensive		For the Years Ended December 31
income (loss), net of tax		2024			2023
Net actuarial loss		$	(1,797)		$	(2,406)
Tax effect			377			505
Net amount recognized in accumulated other comprehensive loss		$	(1,420)		$	(1,901)

Schedule Of Net Periodic Pension Costs

(Dollars in thousands)		For the Years Ended December 31
Components of net periodic pension cost		2024			2023
Service cost		$	219		$	216
Interest cost			769			806
Expected return on plan assets			(863)			(923)
Recognized net actuarial loss			43			—
Net periodic pension cost			168			99
Total net periodic pension cost		$	168		$	99

‎

		For the Years Ended December 31
		2024			2023
Assumptions used to determine net periodic benefit cost:
Discount rate			5.96%			6.17%
Rate of compensation increase			6.00%			6.00%
Expected long-term return on plan assets			6.00%			6.00%
Asset allocations:
Cash and cash equivalents			3%			3%
Common stocks			29%			36%
Corporate bonds			17%			14%
Municipal bonds			24%			28%
Investment fund - debt			6%			2%
Investment fund - equity			18%			13%
Deposit in immediate participation guarantee contract			3%			4%
Total			100%			100%

Schedule Of Amounts Recognized In Balance Sheet

(Dollars in Thousands)		December 31, 2024
Asset Description		Fair Value			Level 1			Level 2			Level 3
Cash and cash equivalents		$	473		$	473		$	—		$	—
Equity securities			4,256			4,256			—			—
Corporate bonds			2,470			—			2,470			—
Municipal bonds			3,469			—			3,469			—
Investment fund - debt			856			856			—			—
Investment fund - equity			2,623			2,623			—			—
Deposit in immediate participation guarantee contract			361			361			—			—
Cash surrender value of life insurance			13			—			—			13
Total assets		$	14,521		$	8,569		$	5,939		$	13

(Dollars in Thousands)		December 31, 2023
Asset Description		Fair Value			Level 1			Level 2			Level 3
Cash and cash equivalents		$	457		$	457		$	—		$	—
Equity securities			4,978			4,978			—			—
Corporate bonds			1,961			—			1,961			—
Municipal bonds			3,911			—			3,911			—
Investment fund - debt			274			274			—			—
Investment fund - equity			1,831			1,831			—			—
Deposit in immediate participation guarantee contract			537			537			—			—
Cash surrender value of life insurance			13			—			—			13
Total assets		$	13,962		$	8,077		$	5,872		$	13

Schedule Of Changes In Fair Value Of Plan Assets

	Cash Value of Life Insurance
	December 31
(Dollars in thousands)	2024			2023
Balance at the beginning of the period	$	13		$	28
Unrealized gain (loss) relating to investments held at the reporting date		—			—
Purchases, sales, issuances and settlement, net		—			(15)
Balance at the end of the period	$	13		$	13

Schedule Of Expected Benefit Payments

2025		$	1,264
2026			1,625
2027			1,676
2028			1,146
2029			844
2030-2034			5,159

X

- Definition

Tabular disclosure of the change in the benefit obligation, fair value of plan assets, and funded status of pension plans or other employee benefit plans.

+ References

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-Name Accounting Standards Codification
-Section 50
-Subparagraph (a)(b)(c)
-Paragraph 1
-SubTopic 20
-Topic 715
-Publisher FASB
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Tabular disclosure of the amounts that are recognized in the balance sheet (or statement of financial position) for pension plans and/or other employee benefit plans, showing separately the assets and current and noncurrent liabilities (if applicable) recognized.

+ References

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Tabular disclosure of the net gain (loss) and net prior service cost or credit recognized in other comprehensive income (loss) for the period for pension plans and/or other employee benefit plans, and reclassification adjustments of other comprehensive income (loss) for the period, as those amounts, including amortization of the net transition asset or obligation, are recognized as components of net periodic benefit cost.

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Tabular disclosure of the effect of fair value measurements using significant unobservable inputs (Level 3) on changes in plan assets of pension plans and/or other employee benefit plans for the period.

+ References

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Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter.

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Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments.

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