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Fair Value Disclosure (Tables) | 9 Months Ended
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Sep. 30, 2025
Fair Value Disclosures [Abstract] |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis | The following table presents the financial assets measured at fair value on a recurring basis and reported on the Consolidated Statements of Financial Condition as of the dates indicated, by level within the fair value hierarchy:
| Fair Value Hierarchy | September 30, 2025 | December 31, 2024
(Dollars in thousands) |  |  |
ASSETS |  |  |
Available-for-Sale Debt Securities |  |  |
U.S. Government Agencies | Level 2 | $ | — |  | $ | 3,945 |
Obligations of States and Political Subdivisions | Level 2 | 36,115 |  | 3,347 |
Mortgage-Backed Securities - Government-Sponsored Enterprises | Level 2 | 41,723 |  | 50,363 |
Collateralized Mortgage Obligations - Government Sponsored Enterprises | Level 2 | 55,923 |  | 94,957 |
Collateralized Mortgage Obligations - Non-Agency | Level 2 | 11,155 |  | — |
Collateralized Loan Obligations | Level 2 | 107,016 |  | 98,779 |
Corporate Debt | Level 2 | 19,732 |  | 8,123 |
Total Available-for-Sale Debt Securities |  | 271,664 |  | 259,514 |
Equity Securities |  |  |
Mutual Funds | Level 1 | 895 |  | 879 |
Other | Level 1 | — |  | 1,760 |
Total Equity Securities |  | 895 |  | 2,639 |
Total Securities |  | 272,559 |  | 262,153 |
Derivative Financial Assets |  |  |
Interest Rate Swaps - Commercial Loans | Level 2 | $ | 141 |  | $ | — |
Total Assets |  | $ | 272,700 |  | $ | 262,153 |
LIABILITIES |  |  |
Derivative Financial Liabilities |  |  |
Interest Rate Swaps | Level 2 | $ | 830 |  | $ | 801 |
Interest Rate Swaps - Commercial Loans | Level 2 | 141 |  | — |
Risk Participation Agreements | Level 2 | 82 |  | 66 |
Total Liabilities |  | $ | 1,053 |  | $ | 867 |
Schedule of Fair Value Measurement Inputs and Valuation Techniques | The following table presents the financial assets on the Consolidated Statements of Financial Condition measured at fair value on a nonrecurring basis as of the dates indicated by level within the fair value hierarchy for only those nonrecurring assets that had a fair value below the carrying amount. The table also presents the significant unobservable inputs used in the fair value measurements.
Financial Asset | Fair Value Hierarchy | September 30, 2025 | Valuation Techniques | Significant Unobservable Inputs | Range | Weighted Average
(Dollars in thousands) |  |  |  |  |  |
Individually Evaluated Loans | Level 3 | $ | 5,820 |  | Appraisal of Collateral (1) | Appraisal Adjustments (2) | 25 | % | to | 85 | % | 38.0%
Financial Asset | Fair Value Hierarchy | December 31, 2024 | Valuation Techniques | Significant Unobservable Inputs | Range | Weighted Average
(Dollars in thousands) |  |  |  |  |  |
Individually Evaluated Loans | Level 3 | $ | 5,244 |  | Appraisal of Collateral (1) | Appraisal Adjustments (2) | 25 | % | to | 52 | % | 26.2%
(1)Fair value is generally determined through independent appraisals of the underlying collateral, which may include various Level 3 inputs, which are not identifiable. (2)Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range and weighted average of appraisal adjustments and liquidation expense are presented as a percent of the appraisal.
Schedule of Fair Value, by Balance Sheet Grouping | The following table presents the estimated fair values of the Company’s financial instruments at the dates indicated.
|  |  | September 30, 2025 | December 31, 2024
| Fair Value Hierarchy |  | Carrying Value | Fair Value | Carrying Value | Fair Value
(Dollars in thousands) |  |  |  |  |  |
Financial Assets: |  |  |  |  |  |
Cash and Due From Banks: |  |  |  |  |  |
Interest-Earning | Level 1 |  | $ | 42,790 |  | $ | 42,790 |  | $ | 39,332 |  | $ | 39,332 |
Noninterest-Earning | Level 1 |  | 13,100 |  | 13,100 |  | 10,240 |  | 10,240 |
Securities | See Above |  | 272,559 |  | 272,559 |  | 262,153 |  | 262,153 |
Loans Held for Sale | Level 2 |  | 107 |  | 107 |  | 900 |  | 900 |
Loans, Net | Level 3 |  | 1,133,240 |  | 1,120,077 |  | 1,082,821 |  | 1,045,104 |
Restricted Stock | Level 2 |  | 3,006 |  | 3,006 |  | 3,055 |  | 3,055 |
Mortgage Servicing Rights | Level 3 |  | 429 |  | 723 |  | 466 |  | 849 |
Derivative Assets | Level 2 |  | 141 |  | 141 |  | — |  | — |
Accrued Interest Receivable | Level 2 |  | 6,339 |  | 6,339 |  | 5,586 |  | 5,586 |
Financial Liabilities: |  |  |  |  |  |
Deposits | Level 2 |  | 1,334,420 |  | 1,333,887 |  | 1,283,517 |  | 1,284,494 |
Other Borrowed Funds |  |  |  |  |  |
FHLB Borrowings | Level 2 |  | 20,000 |  | 19,833 |  | 20,000 |  | 20,004 |
Subordinated Debt | Level 2 |  | 14,748 |  | 14,507 |  | 14,718 |  | 14,206 |
Derivative Liabilities | Level 2 |  | 1,053 |  | 1,053 |  | 867 |  | 867 |
Accrued Interest Payable | Level 2 |  | 1,969 |  | 1,969 |  | 2,496 |  | 2,496 |

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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 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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