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Fair Value (Tables) | 12 Months Ended
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Dec. 31, 2021
Fair Value [Abstract] |
Assets And Liabilities Measured At Fair Value On A Recurring Basis, Including Financial Assets And Liabilities | Fair Value Measurements at December 31, 2021 Using Significant Other Observable Inputs (Level 2) Financial Assets: Securities available for sale: Corporate debt$ 9,750Issued by U.S. government-sponsored entities and agencies: U.S. Treasury 6,561Mortgage-backed securities - residential 36Total securities available for sale$ 16,347Loans held for sale$ 27,988Derivative assets$ 538Interest rate lock commitments$ 555Financial Liabilities: Derivative liabilities$ 538TBA mortgage-backed securities$ 73 Fair Value Measurements at December 31, 2020 Using Significant Other Observable Inputs (Level 2) Financial Assets: Securities available for sale: Issued by U.S. government-sponsored entities and agencies: U.S. Treasury$ 8,636Mortgage-backed securities - residential 65Total securities available for sale$ 8,701Loans held for sale$ 283,165Yield maintenance provisions (embedded derivatives)$ 1,944Interest rate lock commitments$ 18,101Financial Liabilities: Interest-rate swaps$ 1,944TBA mortgage-backed securities$ 2,690
Assets Measured At Fair Value On A Non-Recurring Basis | Fair Value Measurements at December 31, 2020 Using Significant Unobservable Inputs (Level 3) Impaired loans: Commercial$ 190Total impaired loans$ 190
Financial Instruments Measured At Fair Value On A Non-Recurring Basis | Fair Value Valuation Technique(s) Unobservable Inputs (Range) Weighted AverageImpaired loans: Commercial$ 190 Comparable sales approach Adjustment for differences between the stated value and net realizable value 65.00%
Aggregate Fair Value, Contractual Balance And Gain Or Loss | December 31, 2021 December 31, 2020 Aggregate fair value$ 27,988 $ 283,165 Contractual balance 27,632 274,401 Gain 356 8,764
Total Amount Of Gains And Losses From Changes In Fair Value Included In Earnings | 2021 2020 2019Interest income$ 5,572 $ 6,231 $ 2,153Interest expense - - - Change in fair value (8,408) 7,046 1,341Total change in fair value$ (2,836) $ 13,277 $ 3,494
Carrying Amounts And Estimated Fair Values Of Financial Instruments | The carrying amounts and estimated fair values of financial instruments at year-end were as follows: Fair Value Measurements at December 31, 2021 Using: Carrying Value Level 1 Level 2 Level 3 TotalFinancial assets Cash and cash equivalents$ 166,591 $ 166,591 $ - $ - $ 166,591Interest-bearing deposits in other financial institutions 100 100 - - 100Securities available for sale 16,347 - 16,347 - 16,347Equity securities 5,000 - 5,000 - 5,000Loans held for sale 27,988 - 27,988 - 27,988Loans and leases, net 1,214,149 - - 1,231,228 1,231,228FHLB and FRB stock 7,315 n/a n/a n/a n/aAccrued interest receivable 4,143 2 91 3,947 4,040Derivative assets 538 - 538 - 538Interest rate lock commitments 555 - 555 - 555 Financial liabilities Deposits$ (1,246,352) $ (661,818) $ (585,214) $ - $ (1,247,032)FHLB advances and other debt (89,727) - (90,670) - (90,670)Advances by borrowers for taxes and insurance (2,752) - - (2,752) (2,752)Subordinated debentures (14,883) - (16,051) - (16,051)Accrued interest payable (228) - (228) - (228)Derivative liabilities (538) - (538) - (538)TBA mortgage-backed securities (73) - (73) - (73) The carrying amounts and estimated fair values of financial instruments were as follows: Fair Value Measurements at December 31, 2020 Using: Carrying Value Level 1 Level 2 Level 3 TotalFinancial assets Cash and cash equivalents$ 221,594 $ 221,594 $ - $ - $ 221,594Interest-bearing deposits in other financial institutions 100 100 - - 100Securities available for sale 8,701 - 8,701 - 8,701Equity securities 5,000 - - 5,000 5,000Loans held for sale 283,165 - 283,165 - 283,165Loans and leases, net 895,344 - - 905,030 905,030FHLB and FRB stock 5,847 n/a n/a n/a n/aAccrued interest receivable 4,584 1 36 4,547 4,584Yield maintenance provisions (embedded derivatives) 1,944 - 1,944 - 1,944Interest rate lock commitments 18,101 - 18,101 - 18,101 Financial liabilities Deposits$ (1,113,070) $ (554,650) $ (565,089) $ - $ (1,119,739)FHLB advances and other debt (214,426) - (215,531) - (215,531)Advances by borrowers for taxes and insurance (1,029) - - (1,029) (1,029)Subordinated debentures (14,844) - (16,325) - (16,325)Accrued interest payable (498) - (498) - (498)Interest-rate swaps (1,944) - (1,944) - (1,944)TBA mortgage-backed securities (2,690) - (2,690) - (2,690)

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of the amount of gains or losses for the period included in earnings or resulted in a change to net assets, have arisen from the use of significant unobservable inputs (level 3) to measure the fair value of assets, liabilities, and financial instruments classified in shareholders' equity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 + 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 + 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=123594938&loc=d3e13467-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of information about asset and liability measured at fair value under fair value option. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123596393&loc=d3e14210-108612 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123596393&loc=d3e14172-108612 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=123596393&loc=d3e14217-108612 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -URI http://asc.fasb.org/extlink&oid=123596393&loc=d3e14064-108612 + 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/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 + Details
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