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Fair Value Disclosure (Tables)

9 Months Ended

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

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.

+ 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

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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.

+ 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
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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).

+ 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

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