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Fair Value (Tables)
6 Months Ended
Jun. 30, 2023
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
Quoted Prices in
Significant
Active Markets
Other
Significant
for
Observable
Unobservable
Identical Assets
Inputs
Inputs
(Dollars in thousands)
Amount
(Level 1)
(Level 2)
(Level 3)
June 30, 2023:
Securities available-for-sale:
Agency obligations
 
$
125,152
125,152
Agency MBS
206,980
206,980
State and political subdivisions
61,947
61,947
Total securities available-for-sale
394,079
394,079
Total
 
assets at fair value
$
394,079
394,079
December 31, 2022:
Securities available-for-sale:
Agency obligations
 
$
125,617
125,617
Agency MBS
218,160
218,160
State and political subdivisions
61,527
61,527
Total securities available-for-sale
405,304
405,304
Total
 
assets at fair value
$
405,304
405,304
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Table Text Block]
Quoted Prices in
Active Markets
Other
Significant
for
Observable
Unobservable
Carrying
Identical Assets
Inputs
Inputs
(Dollars in thousands)
Amount
(Level 1)
(Level 2)
(Level 3)
June 30, 2023:
Loans, net
(1)
997
997
Other assets
(2)
1,050
1,050
Total assets at fair value
$
2,047
2,047
December 31, 2022:
Loans, net
(3)
2,054
2,054
Other assets
(2)
1,151
1,151
Total assets at fair value
$
3,205
3,205
(1)
Loans considered collateral dependent under ASC 326.
(2)
Represents MSRs, net, carried at lower of cost or
 
estimated fair value.
(3)
Loans considered impaired under ASC 310-10-35 Receivables,
 
prior to the adoption of ASC 326.
 
This amount reflects the recorded
 
investment in impaired loans, net of any related allowance
 
for loan losses.
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]
Range of
Weighted
 
Carrying
 
Significant
 
Unobservable
Average
(Dollars in thousands)
Amount
Valuation Technique
Unobservable Input
Inputs
of Input
June 30, 2023:
Collateral dependent loans
$
997
Appraisal
Appraisal discounts
10.0
-
10.0
%
10.0
%
Mortgage servicing rights, net
1,050
Discounted cash flow
Prepayment speed or CPR
6.1
-
19.7
7.5
 
Discount rate
9.5
-
11.5
9.5
December 31, 2022:
Impaired loans
$
2,054
Appraisal
Appraisal discounts
10.0
-
10.0
%
10.0
%
Mortgage servicing rights, net
1,151
Discounted cash flow
Prepayment speed or CPR
5.2
-
18.6
7.5
 
Discount rate
9.5
-
11.5
9.5
Financial Instruments [Table Text Block]
Fair Value Hierarchy
Carrying
Estimated
Level 1
Level 2
Level 3
(Dollars in thousands)
amount
fair value
inputs
inputs
Inputs
June 30, 2023:
Financial Assets:
Loans, net (1)
$
513,777
$
482,344
$
$
$
482,344
Financial Liabilities:
Time Deposits
$
174,529
$
170,342
$
$
170,342
$
December 31, 2022:
Financial Assets:
Loans, net (1)
$
498,693
$
484,007
$
$
$
484,007
Financial Liabilities:
Time Deposits
$
150,375
$
150,146
$
$
150,146
$
(1) Represents loans, net of allowance for credit losses.
 
The fair value of loans was measured using an
 
exit price notion.