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Fair Value Measurements (Tables) | 9 Months Ended
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Sep. 30, 2025
Fair Value Disclosures [Abstract] |
Financial Assets And Liabilities Measured At Fair Value On A Recurring Basis | The following table presents balances of financial assets and liabilities measured at fair value on a recurring basis at September 30, 2025 and December 31, 2024:
|  |  |  |  | Fair Value Measurements at |
|  |  |  |  | September 30, 2025 |
|  |  |  |  | Using |
|  | Balance as of |  |  | Quoted Prices in Active Markets for Identical Assets |  |  | Significant Other Observable Inputs |  |  | Significant Unobservable Inputs |
|  | September 30, 2025 |  |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |
|  | (in thousands) |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Securities available for sale |  |  |  |  |  |  |  |  |  |  |  |
Obligations of U.S. government corporations and agencies |  | $ | 7,574 |  |  | $ | — |  |  | $ | 7,574 |  |  | $ | — |
U.S. Treasury securities |  |  | 10,008 |  |  |  | — |  |  |  | 10,008 |  |  |  | — |
Mortgage-backed securities |  |  | 77,163 |  |  |  | — |  |  |  | 77,163 |  |  |  | — |
Collateralized mortgage obligations |  |  | 22,789 |  |  |  |  |  |  | 22,789 |  |  |  |
Subordinated debt |  |  | 3,845 |  |  |  | — |  |  |  | 3,345 |  |  |  | 500 |
Derivative: |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps on loans |  |  | 1,127 |  |  |  | — |  |  |  | 1,127 |  |  |  | — |
Total assets at fair value |  | $ | 122,506 |  |  | $ | — |  |  | $ | 122,006 |  |  | $ | 500 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps on loans |  | $ | 1,127 |  |  | $ | — |  |  | $ | 1,127 |  |  | $ | — |
Fair value swap |  |  | 69 |  |  |  | — |  |  |  | 69 |  |  |  | — |
Total liabilities at fair value |  | $ | 1,196 |  |  | $ | — |  |  | $ | 1,196 |  |  | $ | — |
|  |  |  |  | Fair Value Measurements at |
|  |  |  |  | December 31, 2024 |
|  |  |  |  | Using |
|  | Balance as of |  |  | Quoted Prices in Active Markets for Identical Assets |  |  | Significant Other Observable Inputs |  |  | Significant Unobservable Inputs |
|  | December 31, 2024 |  |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |
|  | (in thousands) |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Securities available for sale |  |  |  |  |  |  |  |  |  |  |  |
Obligations of U.S. government corporations and agencies |  | $ | 7,668 |  |  | $ | — |  |  | $ | 7,668 |  |  | $ | — |
Mortgage-backed securities |  |  | 104,967 |  |  |  | — |  |  |  | 104,967 |  |  |  | — |
Obligations of states and political subdivisions |  |  | 4,645 |  |  |  | — |  |  |  | 4,645 |  |  |  | — |
Subordinated debt |  |  | 4,050 |  |  |  | — |  |  |  | 4,050 |  |  |  | — |
Derivative: |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps on loans |  |  | 1,466 |  |  |  |  |  |  | 1,466 |  |  |  |
Fair value swap |  |  | 93 |  |  |  | — |  |  |  | 93 |  |  |  | — |
Total assets at fair value |  | $ | 122,889 |  |  | $ | — |  |  | $ | 122,889 |  |  | $ | — |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps on loans |  | $ | 1,466 |  |  | $ | — |  |  | $ | 1,466 |  |  | $ | — |
Total liabilities at fair value |  | $ | 1,466 |  |  | $ | — |  |  | $ | 1,466 |  |  | $ | — |
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation TextBlock | The table below presents a reconciliation for all assets and liabilities measured at fair value on a recurring basis classified as Level 3 for the periods indicated. Level 3 securities for three and nine months ended September 30, 2025 consisted of one newly issued corporate subordinated debt security for which no pricing information was available and therefore priced at book value.
| Level 3 Recurring Fair Value Measurements As Of and For The |
| Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
| 2025 |  | 2024 |  |  | 2025 |  | 2024 |
| (in thousands) |  |  | (in thousands) |
Beginning balance | $ | — |  | $ | — |  |  | $ | — |  | $ | — |
Purchases |  | 500 |  |  | — |  |  |  | 500 |  |  | — |
Sales |  | — |  |  | — |  |  |  | — |  |  | — |
Issuances |  | — |  |  | — |  |  |  | — |  |  | — |
Settlements |  | — |  |  | — |  |  |  | — |  |  | — |
Total Gains (Losses) included in Net Income |  | — |  |  | — |  |  |  | — |  |  | — |
Total Gains (Losses) included in OCI |  | — |  |  | — |  |  |  | — |  |  | — |
Transfer into Level 3 |  | — |  |  | — |  |  |  | — |  |  | — |
Transfer out of Level 3 |  | — |  |  | — |  |  |  | — |  |  | — |
Total assets at fair value | $ | 500 |  | $ | — |  |  | $ | 500 |  | $ | — |
Quantitative Information About Level 3 Fair Value Measurements For Certain Financial Assets | The following table displays quantitative information about Level 3 Fair Value Measurements for certain financial and nonfinancial assets measured at fair value on a nonrecurring basis for September 30, 2025 and December 31, 2024.
|  | Quantitative information about Level 3 Fair Value Measurements
|  | September 30, 2025
|  | Valuation Technique(s) |  | Unobservable Input |  | Range |  | Weighted Average (1)
Assets: |  |  |  |  |  |  |  |
Collateral dependent individually evaluated loans |  | Discounted value |  | Selling cost and appraisal discount |  | 6% - 31% |  | 9 %
Repossessed assets |  | Discounted appraised value |  | Selling cost |  | 10 % |  | 10 %
|  | Quantitative information about Level 3 Fair Value Measurements
|  | December 31, 2024
|  | Valuation Technique(s) |  | Unobservable Input |  | Range |  | Weighted Average (1)
Assets: |  |  |  |  |  |  |  |
Collateral dependent individually evaluated loans |  | Discounted value |  | Selling cost and appraisal discount |  | 16 % |  | 16 %
Repossessed assets |  | Discounted appraised value |  | Selling cost |  | 10 % |  | 10 %
(1) Weighted based on the relative fair value of the specific items measured at fair value.
Financial And Nonfinancial Assets Measured At Fair Value On A Nonrecurring Basis | The following table summarizes the Company's financial and nonfinancial assets that were measured at fair value on a nonrecurring basis at September 30, 2025 and December 31, 2024.
|  |  |  |  | Carrying value at |
|  |  |  |  | September 30, 2025 |
|  | Balance as of |  |  | Identical Assets |  |  | Observable Inputs |  |  | Unobservable Inputs |
|  | September 30, 2025 |  |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |
|  | (in thousands) |
Financial Assets: |  |  |  |  |  |  |  |  |  |  |  |
Collateral-dependent loans |  | $ | 1,989 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,989 |
Nonfinancial Assets: |  |  |  |  |  |  |  |  |  |  |  |
Repossessed assets |  |  | 1,009 |  |  |  | — |  |  |  | — |  |  |  | 1,009 |
|  |  |  |  | Carrying value at |
|  |  |  |  | December 31, 2024 |
|  | Balance as of |  |  | Quoted Prices in Active Markets for Identical Assets |  |  | Significant Other Observable Inputs |  |  | Significant Unobservable Inputs |
|  | December 31, 2024 |  |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |
|  | (in thousands) |
Financial Assets: |  |  |  |  |  |  |  |  |  |  |  |
Collateral-dependent loans |  | $ | 659 |  |  | $ | — |  |  | $ | — |  |  | $ | 659 |
Nonfinancial Assets: |  |  |  |  |  |  |  |  |  |  |  |
Repossessed assets |  |  | 514 |  |  |  | — |  |  |  | — |  |  |  | 514 |
Company's Financial Instruments | The carrying value and fair value of the Company’s financial instruments at September 30, 2025 and December 31, 2024 were as follows:
|  | Fair Value Measurements at |
|  | September 30, 2025 |
|  | Using |
|  | Carrying Value as of |  |  | Quoted Prices in Active Markets for Identical Assets |  |  | Significant Other Observable Inputs |  |  | Significant Unobservable Inputs |  |  | Fair Value as of |
|  | September 30, 2025 |  |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |  |  | September 30, 2025 |
|  | (in thousands) |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and short-term investments |  | $ | 268,129 |  |  | $ | 268,129 |  |  | $ | — |  |  | $ | — |  |  | $ | 268,129 |
Securities |  |  | 121,379 |  |  |  | — |  |  |  | 120,879 |  |  |  | 500 |  |  |  | 121,379 |
Restricted investments |  |  | 3,786 |  |  |  | — |  |  |  | 3,786 |  |  |  | — |  |  |  | 3,786 |
Loans held for sale |  |  | 3,479 |  |  |  |  |  |  | 3,479 |  |  |  | — |  |  |  | 3,479 |
Loans, net |  |  | 1,445,118 |  |  |  | — |  |  |  | — |  |  |  | 1,353,121 |  |  |  | 1,353,121 |
Bank owned life insurance |  |  | 31,440 |  |  |  | — |  |  |  | 31,440 |  |  |  | — |  |  |  | 31,440 |
Accrued interest receivable |  |  | 5,255 |  |  |  | — |  |  |  | 5,255 |  |  |  | — |  |  |  | 5,255 |
Derivative assets |  |  | 1,127 |  |  |  | — |  |  |  | 1,127 |  |  |  | — |  |  |  | 1,127 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  | $ | 1,655,048 |  |  | $ | — |  |  | $ | 1,655,617 |  |  | $ | — |  |  | $ | 1,655,617 |
Federal funds purchased |  |  | 101 |  |  |  | 101 |  |  |  | — |  |  |  | — |  |  |  | 101 |
Federal Home Loan Bank advances, long-term |  |  | 40,000 |  |  |  | — |  |  |  | 40,172 |  |  |  | — |  |  |  | 40,172 |
Subordinated debt, net of unamortized issuance costs |  |  | 29,562 |  |  |  | — |  |  |  | 25,766 |  |  |  | — |  |  |  | 25,766 |
Accrued interest payable |  |  | 991 |  |  |  | — |  |  |  | 991 |  |  |  | — |  |  |  | 991 |
Derivative liabilities |  |  | 1,196 |  |  |  | — |  |  |  | 1,196 |  |  |  | — |  |  |  | 1,196 |
|  | Fair Value Measurements at |
|  | December 31, 2024 |
|  | Using |
|  | Carrying Value as of |  |  | Quoted Prices in Active Markets for Identical Assets |  |  | Significant Other Observable Inputs |  |  | Significant Unobservable Inputs |  |  | Fair Value as of |
|  | December 31, 2024 |  |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |  |  | December 31, 2024 |
|  | (in thousands) |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and short-term investments |  | $ | 193,159 |  |  | $ | 193,159 |  |  | $ | — |  |  | $ | — |  |  | $ | 193,159 |
Securities |  |  | 121,330 |  |  |  | — |  |  |  | 121,330 |  |  |  | — |  |  |  | 121,330 |
Restricted Investments |  |  | 7,557 |  |  |  | — |  |  |  | 7,557 |  |  |  | — |  |  |  | 7,557 |
Loans held for sale |  |  | 2,660 |  |  |  | — |  |  |  | 2,660 |  |  |  | — |  |  |  | 2,660 |
Loans, net |  |  | 1,452,022 |  |  |  | — |  |  |  | — |  |  |  | 1,358,734 |  |  |  | 1,358,734 |
Bank owned life insurance |  |  | 30,621 |  |  |  | — |  |  |  | 30,621 |  |  |  | — |  |  |  | 30,621 |
Accrued interest receivable |  |  | 5,149 |  |  |  | — |  |  |  | 5,149 |  |  |  | — |  |  |  | 5,149 |
Derivative assets |  |  | 1,559 |  |  |  | — |  |  |  | 1,559 |  |  |  | — |  |  |  | 1,559 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  | $ | 1,575,156 |  |  | $ | — |  |  | $ | 1,575,743 |  |  | $ | — |  |  | $ | 1,575,743 |
Federal Home Loan Bank advances, short-term |  |  | 25,000 |  |  |  | — |  |  |  | 25,006 |  |  |  | — |  |  |  | 25,006 |
Federal Home Loan Bank advances, long-term |  |  | 95,000 |  |  |  | — |  |  |  | 95,242 |  |  |  | — |  |  |  | 95,242 |
Subordinated debt, net of unamortized issuance costs |  |  | 29,512 |  |  |  | — |  |  |  | 26,148 |  |  |  | — |  |  |  | 26,148 |
Accrued interest payable |  |  | 2,249 |  |  |  | — |  |  |  | 2,249 |  |  |  | — |  |  |  | 2,249 |
Derivative liabilities |  |  | 1,466 |  |  |  | — |  |  |  | 1,466 |  |  |  | — |  |  |  | 1,466 |

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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/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 103 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-103 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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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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- Definition 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 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name Accounting Standards Codification -Section 55 -Paragraph 10 -SubTopic 10 -Topic 825 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482881/825-10-55-10 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-13 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482881/825-10-55-12 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-12 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-11 + Details
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- Definition 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). + 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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