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

12 Months Ended

Dec. 31, 2024

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, 2024
Asset Description		Level 1			Level 2			Level 3			Total
Equity securities, at fair value		$	166		$	—		$	—		$	166
Available for sale:
U.S. Treasury			31,797			—			—			31,797
Municipal			—			133,592			—			133,592
Corporate			—			24,224			—			24,224
Agency mortgage & asset-backed			—			169,821			—			169,821
Non-Agency mortgage & asset-backed			—			149,170			—			149,170
Total available for sale securities		$	31,963		$	476,807		$	—		$	508,770
Derivatives		$	—		$	2,275		$	—		$	2,275

(Dollars in Thousands)		Fair Value at December 31, 2023
Asset Description		Level 1			Level 2			Level 3			Total
Equity securities, at fair value		$	427		$	—		$	—		$	427
Available for sale:
U.S. Treasury			74,091			—			—			74,091
Municipal			—			138,618			—			138,618
Corporate			—			23,198			—			23,198
Agency mortgage & asset-backed			—			132,591			—			132,591
Non-Agency mortgage & asset-backed			—			104,005			—			104,005
Total available for sale securities		$	74,518		$	398,412		$	—		$	472,930
Liabilities
Derivatives		$	—		$	2		$	—		$	2

Schedule Of Fair Value On A Nonrecurring Basis

(Dollars in Thousands)		Fair Value at December 31, 2024
Asset Description		Level 1			Level 2			Level 3			Total
Collateral Dependent Loans (1)		$	—		$	—		$	380		$	380
Total assets		$	—		$	—		$	380		$	380

(1)Collateral dependent loans are reported at the fair value of the underlying collateral if repayment is expected solely from the collateral. Collateral values are estimated using Level 3 inputs based on customized discounting criteria.

Fair Value Inputs, Assets, Quantitative Information

(Dollars in Thousands)			Quantitative Information about Level 3 Fair Value Measurements
									Range
December 31, 2024			Fair Value		Valuation Technique		Unobservable Input		(Weighted Average)
Collateral Dependent		$	380		Appraisal		Appraisal Adjustment on
							Real estate assets		100% (100%)
							Cost to sell		10%

(1)Collateral Dependent Loans: Collateral dependent loans are reported at the fair value of the underlying collateral if re payment is expected solely from the collateral. Collateral values are estimated using Level 3 inputs based on customized discounting criteria.

Fair Value, By Balance Sheet Grouping

	December 31, 2024
	Carrying			Fair
(Dollars in thousands)	Amount			Value			Level 1			Level 2			Level 3
Financial assets, carried at cost:
Cash and cash equivalents	$	203,613		$	203,613		$	203,613		$	—		$	—
Long-term interest-earnings deposits in other banks		1,499			1,499			1,499
Loans held for sale		2,470			2,470			—			2,470			—
Net loans		1,380,424			1,351,450			—			—			1,351,450
Accrued interest receivable		7,348			7,348			—			—			7,348
Financial liabilities:
Deposits	$	1,815,647		$	1,814,479		$	—		$	1,814,479		$	—
FHLB Advances		200,000			200,883						200,883
Subordinate notes		19,699			18,032			—			18,032			—
Accrued interest payable		4,689			4,689			—			4,689			—
	December 31, 2023
	Carrying			Fair
(Dollars in thousands)	Amount			Value			Level 1			Level 2			Level 3
Financial assets, carried at cost:
Cash and cash equivalents	$	23,140		$	23,140		$	23,140		$	—		$	—
Long-term interest-earnings deposits in other banks		6,229			6,229			6,229
Loans held for sale		213			213			—			213			—
Net loans		1,240,933			1,207,403			—			—			1,207,403
Accrued interest receivable		7,506			7,506			—			—			7,506
Financial liabilities:
Deposits	$	1,537,978		$	1,537,480		$	—		$	1,537,480		$	—
Federal Reserve Bank Borrowings		90,000			89,783						89,783
FHLB Advances		40,000			40,110						40,110
Subordinate notes		19,661			18,303			—			18,303			—
Accrued interest payable		3,856			3,856			—			3,856			—

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- 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.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
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-Name Accounting Standards Codification
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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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