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Disclosures about Fair Value of Financial Instruments and Other Assets and Liabilities (Tables) | 12 Months Ended
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Dec. 31, 2022
Disclosures about Fair Value of Financial Instruments and Other Assets and Liabilities |
Schedule of fair value measurements of assets recognized in consolidated balance sheets measured at fair value on recurring basis | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | December 31, 2022
​ | ​ | ​ | ​ | ​ | Fair Value Measurements Using
​ |  | ​ | ​ |  | Quoted Prices in |  | Significant |  | ​ | ​
​ | ​ | ​ | ​ | ​ | Active Markets | ​ | Other | ​ | Significant
​ | ​ | ​ | ​ | ​ | for Identical | ​ | Observable | ​ | Unobservable
​ | ​ | Fair | ​ | Assets | ​ | Inputs | ​ | Inputs
​ | ​ | Value | ​ | (Level 1) | ​ | (Level 2) | ​ | (Level 3)
​ | ​ | (In thousands)
U.S government agencies | ​ | $ | 44,032 | ​ | $ | — | ​ | $ | 44,032 | ​ | $ | —
Subordinated notes | ​ | ​ | 28,094 | ​ | ​ | — | ​ | ​ | 28,094 | ​ | ​ | —
State and municipal obligation | ​ | ​ | 145,498 | ​ |  | — | ​ | ​ | 145,498 | ​ |  | —
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | December 31, 2021
​ | ​ | ​ | ​ | ​ | Fair Value Measurements Using
​ |  | ​ | ​ |  | Quoted Prices in |  | Significant |  | ​ | ​
​ | ​ | ​ | ​ | ​ | Active Markets | ​ | Other | ​ | Significant
​ | ​ | ​ | ​ | ​ | for Identical | ​ | Observable | ​ | Unobservable
​ | ​ | Fair | ​ | Assets | ​ | Inputs | ​ | Inputs
​ | ​ | Value | ​ | (Level 1) | ​ | (Level 2) | ​ | (Level 3)
​ | ​ | (In thousands)
Subordinated notes | ​ | $ | 28,765 | ​ | $ | — | ​ | $ | 28,765 | ​ | $ | —
State and municipal obligations | ​ | ​ | 117,548 | ​ |  | — | ​ | ​ | 117,548 | ​ |  | —
​
Schedule of fair value measurements of assets recognized in the accompanying consolidated balance sheets measured at fair value on a non-recurring basis | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | December 31, 2022
​ | ​ | ​ | ​ | ​ | Fair Value Measurements Using
​ |  | ​ | ​ |  | Quoted Prices in |  | Significant |  | ​ | ​
​ | ​ | ​ | ​ | ​ | Active Markets | ​ | Other | ​ | Significant
​ | ​ | ​ | ​ | ​ | for Identical | ​ | Observable | ​ | Unobservable
​ | ​ | Fair | ​ | Assets | ​ | Inputs | ​ | Inputs
​ | ​ | Value | ​ | (Level 1) | ​ | (Level 2) | ​ | (Level 3)
​ | ​ | (In thousands)
Collateral dependent impaired loans | ​ | $ | 9 | ​ | $ | — | ​ | $ | — | ​ | $ | 9
Foreclosed assets held for sale | ​ |  | 3,519 | ​ |  | — | ​ |  | — | ​ |  | 3,519
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | December 31, 2021
​ | ​ | ​ | ​ | ​ | Fair Value Measurements Using
​ |  | ​ |  | Quoted Prices in |  | Significant |  | ​
​ | ​ | ​ | ​ | Active Markets | ​ | Other | ​ | Significant
​ | ​ | ​ | ​ | for Identical | ​ | Observable | ​ | Unobservable
​ | ​ | Fair | ​ | Assets | ​ | Inputs | ​ | Inputs
​ | ​ | Value | ​ | (Level 1) | ​ | (Level 2) | ​ | (Level 3)
​ | ​ | (In thousands)
Collateral dependent impaired loans | ​ | $ | 2,822 | ​ | $ | — | ​ | $ | — | ​ | $ | 2,822
Foreclosed assets held for sale | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | —
​
Schedule of information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Fair Value at |  | Valuation |  | ​ |  | ​
​ | ​ | 12/31/22 | ​ | Technique | ​ | Unobservable Inputs | ​ | Range
​ | ​ | (In thousands) | ​ | ​ | ​ | ​ | ​ | ​
Collateral-dependent impaired loans | ​ | $ | 9 |  | Market comparable properties |  | Comparability adjustments |  | 5% – 10%
Foreclosed assets held for sale | ​ |  | 3,519 |  | Market comparable properties |  | Marketability discount |  | 10% – 35%
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Fair Value at |  | Valuation |  | ​ |  | ​
​ | ​ | 12/31/21 | ​ | Technique | ​ | Unobservable Inputs | ​ | Range
​ | ​ | (In thousands) | ​ | ​ | ​ | ​ | ​ | ​
Collateral-dependent impaired loans | ​ | $ | 2,822 |  | Market comparable properties |  | Comparability adjustments |  | 5% – 10%
Foreclosed assets held for sale | ​ |  | — |  | Market comparable properties |  | Marketability discount |  | 10% – 35%
​
Schedule of estimated fair values of company's financial instruments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Fair Value Measurements Using
​ |  | ​ | ​ |  | Quoted Prices |  | ​ | ​ |  | ​ | ​
​ | ​ | ​ | ​ | ​ | in Active | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Markets for | ​ | Significant | ​ | Significant
​ | ​ | ​ | ​ | ​ | Identical | ​ | Other | ​ | Unobservable
​ | ​ | Carrying | ​ | Assets | ​ | Observable Inputs | ​ | Inputs
​ | ​ | Amount | ​ | (Level 1) | ​ | (Level 2) | ​ | (Level 3)
​ | ​ | (In thousands)
December 31, 2022 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Financial assets |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Cash and cash equivalents | ​ | $ | 30,080 | ​ | $ | 30,080 | ​ | $ | — | ​ | $ | —
Loans, net of allowance | ​ |  | 458,823 | ​ |  | — | ​ |  | — | ​ |  | 444,704
Federal Home Loan Bank stock | ​ |  | 2,499 | ​ |  | — | ​ |  | 2,499 | ​ |  | —
Accrued interest receivable | ​ |  | 3,403 | ​ |  | — | ​ |  | 3,403 | ​ |  | —
​ | ​ |  | ​ | ​ |  |  | ​ |  | ​ | ​ |  |
Financial liabilities | ​ |  | ​ | ​ |  |  | ​ |  | ​ | ​ |  |
Deposits | ​ | $ | 649,913 | ​ | $ | — | ​ | $ | 646,455 | ​ | $ | —
Securities sold under repurchase agreements | ​ |  | 18,106 | ​ |  | — | ​ |  | 18,106 | ​ |  | —
Subordinated debentures | ​ |  | 23,726 | ​ |  | — | ​ |  | 24,454 | ​ |  | —
Interest payable | ​ |  | 304 | ​ |  | — | ​ |  | 304 | ​ |  | —
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Fair Value Measurements Using
​ |  | ​ | ​ |  | Quoted Prices |  | ​ | ​ |  | ​ | ​
​ | ​ | ​ | ​ | ​ | in Active | ​ | Significant | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Markets for | ​ | Other | ​ | Significant
​ | ​ | ​ | ​ | ​ | Identical | ​ | Observable | ​ | Unobservable
​ | ​ | Carrying | ​ | Assets | ​ | Inputs | ​ | Inputs
​ | ​ | Amount | ​ | (Level 1) | ​ | (Level 2) | ​ | (Level 3)
​ | ​ | (In thousands)
December 31, 2021 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Financial assets |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Cash and cash equivalents | ​ | $ | 82,999 | ​ | $ | 82,999 | ​ | $ | — | ​ | $ | —
Loans, net of allowance | ​ |  | 450,699 | ​ |  | — | ​ |  | — | ​ |  | 459,031
Federal Home Loan Bank stock | ​ |  | 3,704 | ​ |  | — | ​ |  | 3,704 | ​ |  | —
Accrued interest receivable | ​ |  | 2,345 | ​ |  | — | ​ |  | 2,345 | ​ |  | —
​ | ​ |  | ​ | ​ |  |  | ​ |  | ​ | ​ |  |
Financial liabilities | ​ |  | ​ | ​ |  |  | ​ |  | ​ | ​ |  |
Deposits | ​ | $ | 605,136 | ​ | $ | — | ​ | $ | 605,855 | ​ | $ | —
Securities sold under repurchase agreements | ​ |  | 15,701 | ​ |  | — | ​ |  | 15,701 | ​ |  | —
Subordinated debentures | ​ |  | 23,665 | ​ |  | — | ​ |  | 23,575 | ​ |  | —
Interest payable | ​ |  | 180 | ​ |  | — | ​ |  | 180 | ​ |  | —
​

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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 https://asc.fasb.org/extlink&oid=126976982&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 https://asc.fasb.org/extlink&oid=126976982&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 https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of assets measured at fair value measured on a recurring or nonrecurring basis. Includes, but is not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. + 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 (a) -URI https://asc.fasb.org/extlink&oid=126976982&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 (b) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126976982&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 (a) -URI https://asc.fasb.org/extlink&oid=126976982&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 https://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 https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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