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Available-for-Sale Securities (Tables)
 9 Months Ended
Sep. 30, 2025
Available-for-Sale Securities [Abstract]  
Schedule of Amortized Cost and Fair Values with Gross Unrealized Gains and Losses

The amortized cost and appropriate fair values, together with gross unrealized gains and losses, of securities at September 30, 2025, and December 31, 2024, were as follows:

 

       Gross   Gross     
($ in thousands)  Amortized   Unrealized   Unrealized     
   Cost   Gains   Losses   Fair Value 
September 30, 2025                
U.S. Treasury and                
Government agencies  $5,688   $     2   $(540)  $5,150 
Mortgage-backed securities   189,084    4    (26,514)   162,574 
State and political subdivisions   10,854    
-
    (1,198)   9,656 
Other corporate securities   17,200    
-
    (1,390)   15,810 
                     
Totals  $222,826   $6   $(29,642)  $193,190 

 

       Gross   Gross     
   Amortized   Unrealized   Unrealized     
   Cost   Gains   Losses   Fair Value 
December 31, 2024                
U.S. Treasury and                
Government agencies  $8,120   $
     -
   $(731)  $7,389 
Mortgage-backed securities   203,646    4    (34,030)   169,620 
State and political subdivisions   10,893    
-
    (1,486)   9,407 
Other corporate securities   17,200    
-
    (2,029)   15,171 
                     
Totals  $239,859   $4   $(38,276)  $201,587 
Schedule of Amortized Cost and Fair Value of Securities Available-For-Sale

The amortized cost and fair value of securities available-for-sale at September 30, 2025, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties.

 

   Amortized   Fair 
($ in thousands)  Cost   Value 
         
Within one year  $275   $275 
Due after one year through five years   3,288    3,244 
Due after five years through ten years   23,288    21,268 
Due after ten years   6,891    5,829 
    33,742    30,616 
Mortgage-backed securities   189,084    162,574 
           
Totals  $222,826   $193,190 
Schedule of Securities with Unrealized Losses

Securities with unrealized losses, aggregated by investment class and length of time that individual securities have been in a continuous unrealized loss position at September 30, 2025, and at December 31, 2024, are as follows:

 

($ in thousands)      Less than 12 Months   12 Months or Longer   Total 
September 30, 2025  Number of
Securities		   Fair Value   Unrealized
Losses		   Fair Value   Unrealized
Losses		   Fair Value   Unrealized
Losses		 
                             
U.S. Treasury and                            
Government agencies   5   $
-
   $
        -
   $5,046   $(540)  $5,046   $(540)
Mortgage-backed securities   89    
-
    
-
    162,307    (26,514)   162,307    (26,514)
State and political subdivisions   19    399    (1)   8,671    (1,197)   9,070    (1,198)
Other corporate securities   14    
-
    
-
    15,810    (1,390)   15,810    (1,390)
                                    
Totals   127   $399   $(1)  $191,834   $(29,641)  $192,233   $(29,642)

 

       Less than 12 Months   12 Months or Longer   Total 
December 31, 2024  Number of
Securities		   Fair Value   Unrealized
Losses		   Fair Value   Unrealized
Losses		   Fair Value   Unrealized
Losses		 
                             
U.S. Treasury and                            
Government agencies   11   $1,929   $
-
   $5,460   $(731)  $7,389   $(731)
Mortgage-backed securities   92    
-
    
-
    169,286    (34,030)   169,286    (34,030)
State and political subdivisions   21    1,319    (21)   8,088    (1,465)   9,407    (1,486)
Other corporate securities   14    385    (115)   14,786    (1,914)   15,171    (2,029)
                                    
Totals   138   $3,633   $(136)  $197,620   $(38,140)  $201,253   $(38,276)