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Fair Value (Tables)
9 Months Ended
Sep. 30, 2025
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)
September 30, 2025:
Securities available-for-sale:
Agency obligations
$
53,436
53,436
Agency MBS
165,583
165,583
State and political subdivisions
17,401
17,401
Total securities available
-for-sale
236,420
236,420
Total
assets at fair value
$
236,420
236,420
December 31, 2024:
Securities available-for-sale:
Agency obligations
$
52,411
52,411
Agency MBS
173,676
173,676
State and political subdivisions
16,925
16,925
Total securities available
-for-sale
243,012
243,012
Total
assets at fair value
$
243,012
243,012
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)
September 30, 2025:
Loans held for sale
$
145
145
Other assets
(2)
806
806
Total assets at fair value
$
951
145
806
December 31, 2024:
Loans, net
(1)
$
503
503
Other assets
(2)
892
892
Total assets at fair value
$
1,395
1,395
(1)
Loans considered collateral dependent under ASC 326.
(2)
Represents MSRs, net, carried at lower of cost or estimated
fair value.
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
September 30, 2025:
Mortgage servicing rights, net
$
806
Discounted cash flow
Prepayment speed or CPR
6.4
-
11.2
%
7.9
%
Discount rate
9.5
-
11.5
9.5
December 31, 2024:
Collateral dependent loans
$
503
Appraisal
Appraisal discounts
10.0
-
10.0
%
10.0
%
Mortgage servicing rights, net
892
Discounted cash flow
Prepayment speed or CPR
6.7
-
11.2
7.3
Discount rate
10.0
-
12.0
10.0
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
September 30, 2025:
Financial Assets:
Loans, net (1)
$
551,221
$
534,754
$
534,754
Loans held for sale
145
148
148
Financial Liabilities:
Time Deposits
$
180,957
$
180,076
180,076
$
December 31, 2024:
Financial Assets:
Loans, net (1)
$
557,146
$
532,344
$
532,344
Financial Liabilities:
Time Deposits
$
191,247
$
190,636
190,636
$
(
1) Represents loans, net of allowance for credit losses.
The fair value of loans was measured using an
exit price notion.