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Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2020

Fair Value Assets Measured On Recurring Basis


			Fair Value at December 31, 2020
Description	Balance as of December 31, 2020		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
U.S. Treasuries	$2,027		$            -		$2,027		$            -
U.S. agency obligations	41,320		-		41,320		-
Mortgage-backed securities	15,696		-		15,696		-
Municipals	24,773		-		24,773		-
Corporates	6,369		-		6,369		-
Total available-for-sale securities	$90,185		$           -		$90,185		$           -
IRLCs – asset	425		-		-		425
Total assets at fair value	$90,610		$           -		$90,185		$425




			Fair Value at December 31, 2019
Description	Balance as of December 31, 2019		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
U.S. Treasuries	$1,964		$           -		$1,964		$         -
U.S. agency obligations	32,108		-		32,108		-
Mortgage-backed securities	10,264		-		10,264		-
Municipals	11,222		-		11,222		-
Corporates	4,097		-		4,097		-
Total available-for-sale securities	$59,655		$           -		$59,655		$           -



Impaired Loans And Other Real Estate Owned Measured At Fair Value On A Nonrecurring Basis




			Fair Value at December 31, 2020
Description	Balance as of December 31, 2020		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)

Impaired loans*	$1,829		$           -		$           -			$1,829

Other real estate	$1,105		$           -		$          -			$1,105



*Includes loans charged down to the net realizable value of the collateral.




			Fair Value at December 31, 2019
Description	Balance as of December 31, 2019		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)

Impaired loans*	$1,239		$           -		$           -			$1,239

Other real estate	$2,339		$           -		$          -			$2,339



*Includes loans charged down to the net realizable value of the collateral.

Fair Value Carrying And Notional Amounts


			Fair Value Measurements at December 31, 2020 using
			Quoted Prices		Significant
			in Active		Other		Significant
			Markets for		Observable		Unobservable
	Carrying		Identical Assets		Inputs		Inputs
Assets	Amounts		(Level 1)		(Level 2)		(Level 3)		Balance
   Cash and due from banks	$31,683		$31,683		$      -		$      -		$31,683
   Fed funds sold	69,203		69,203		-		-		69,203
Securities
      Available-for-sale	90,185		-		90,185		-		90,185
      Held-to-maturity	3,671		-		4,192		-		4,192
   Restricted stock	1,551		-		1,551		-		1,551
   Loans, net	601,934		-		-		598,745		598,745
   Loans held for sale	7,102		-		7,102		-		7,102
   Interest receivable	2,350		-		2,350		-		2,350
   BOLI	16,355		-		16,355		-		16,355
   Derivaties	425		-		-		425		425
Liabilities
   Deposits	$764,967		$       -		$766,212		$      -		$766,212
   Capital notes	10,027		-		9,003		-		9,003
   Interest payable	85		-		85		-		85


			Fair Value Measurements at December 31, 2019 using
	Carrying
Assets	Amounts		(Level 1)		(Level 2)		(Level 3)		Balance
   Cash and due from banks	$30,794		$30,794		$      -		$      -		$30,794
   Fed funds sold	8,317		8,317		-		-		8,317
Securities
      Available-for-sale	59,655		-		59,655		-		59,655
      Held-to-maturity	3,688		-		3,861		-		3,861
   Restricted stock	1,506		-		1,506		-		1,506
   Loans, net	573,274		-		-		569,850		569,850
   Loans held for sale	4,221		-		4,221		-		4,221
   Interest receivable	1,866		-		1,866		-		1,866
   BOLI	13,686		-		13,686		-		13,686
Liabilities
   Deposits	$649,459		$       -		$651,479		$      -		$651,479
   Capital notes	5,000		-		4,795		-		4,795
   Interest payable	173		-		173		-		173



Fair Value, Recurring [Member]

Information Regarding Quantitative Inputs Used To Value Assets Classified As Level 3


	Quantitative information about Level 3 Fair Value Measurements for December 31, 2020 (dollars in thousands)
	Fair Value		Valuation Technique(s)	Unobservable Input	Range (Weighted Average) (1)
Assets
IRLCs - asset	$425		Market approach	Range of pull through rate	85%






Fair Value, Nonrecurring [Member]

Information Regarding Quantitative Inputs Used To Value Assets Classified As Level 3

	Quantitative information about Level 3 Fair Value Measurements for December 31, 2020 (dollars in thousands)
	Fair Value		Valuation Technique(s)	Unobservable Input	Range (Weighted Average)
Impaired loans	$   1,829		Discounted appraised value	Selling cost	0% - 10% (8%)
				Discount for lack of marketability and age of appraisal	0% - 20% (6%)
OREO	$   1,105		Discounted appraised value	Selling cost	10%
				Discount for lack of marketability and age of appraisal	0% - 27% (26%)




	Quantitative information about Level 3 Fair Value Measurements for December 31, 2019 (dollars in thousands)
	Fair Value		Valuation Technique(s)	Unobservable Input	Range (Weighted Average)
Impaired loans	$   1,239		Discounted appraised value	Selling cost	0% - 10%  (8%)
				Discount for lack of marketability and age of appraisal	0% - 20%  (6%)
OREO	$   2,339		Discounted appraised value	Selling cost	0% - 10%  (6%)
				Discount for lack of marketability and age of appraisal	0% - 25%  (15%)



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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.

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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).

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Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

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