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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2021
Fair Value Assets Measured On Recurring Basis Fair Value at December 31, 2021 Quoted Prices Significant Significant in Active Other Unobservable Balance as of Markets for Observable Inputs December 31, Identical Assets Inputs (Level 3)Description2021 (Level 1) (Level 2) U.S. Treasuries$ 2,002 $ — $ 2,002 $ —U.S. agency obligations 58,470 — 58,470 —Mortgage-backed securities 37,438 — 37,438 —Municipals 50,204 — 50,204 —Corporates 13,153 — 13,153 —Total available-for-sale securities$ 161,267 $ — $ 161,267 $ —IRLCs – asset 144 — — 144Total assets at fair value$ 161,411 $ — $ 161,267 $ 144 Fair Value at December 31, 2020 Quoted Prices Significant Significant in Active Other Unobservable Balance as of Markets for Observable Inputs December 31, Identical Assets Inputs (Level 3)Description2020 (Level 1) (Level 2) 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 — — 425Total assets at fair value$ 90,610 $ — $ 90,185 $ 425
Impaired Loans And Other Real Estate Owned Measured At Fair Value On A Nonrecurring Basis Fair Value at December 31, 2021 Quoted Prices Significant Significant in Active Other Unobservable Balance as of Markets for Observable Inputs December 31, Identical Assets Inputs (Level 3)Description2021 (Level 1) (Level 2) Impaired loans*$ 1,802 $ — $ — $ 1,802 Other real estate$ 761 $ — $ — $ 761 *Includes loans charged down to the net realizable value of the collateral. Note 21 – Fair value measurements (continued) Fair Value at December 31, 2020 Quoted Prices Significant Significant in Active Other Unobservable Balance as of Markets for Observable Inputs December 31, Identical Assets Inputs (Level 3)Description2020 (Level 1) (Level 2) 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 Carrying And Notional Amounts Fair Value Measurements at December 31, 2021 using Quoted Prices Significant in Active Other Significant Markets for Observable Unobservable Carrying Identical Assets Inputs Inputs AssetsAmounts (Level 1) (Level 2) (Level 3) BalanceCash and due from banks$ 29,337 $ 29,337 $ — $ — $ 29,337Fed funds sold 153,816 153,816 — — 153,816Securities Available-for-sale 161,267 — 161,267 — 161,267Held-to-maturity 3,655 — 4,006 — 4,006Restricted stock 1,324 — 1,324 — 1,324Loans, net 576,469 — — 565,543 565,543Loans held for sale 1,628 — 1,628 — 1,628Interest receivable 2,064 — 2,064 — 2,064BOLI 18,785 — 18,785 — 18,785Derivaties 144 — — 144 144Liabilities Deposits$ 887,056 $ — $ 887,955 $ — $ 887,955Borrowings 21,016 — 22,179 — 22,179Interest payable 46 — 46 — 46 Fair Value Measurements at December 31, 2020 using Carrying AssetsAmounts (Level 1) (Level 2) (Level 3) BalanceCash and due from banks$ 31,683 $ 31,683 $ — $ — $ 31,683Fed funds sold 69,203 69,203 — — 69,203Securities Available-for-sale 90,185 — 90,185 — 90,185Held-to-maturity 3,671 — 4,192 — 4,192Restricted stock 1,551 — 1,551 — 1,551Loans, net 601,934 — — 598,745 598,745Loans held for sale 7,102 — 7,102 — 7,102Interest receivable 2,350 — 2,350 — 2,350BOLI 16,355 — 16,355 — 16,355Derivaties 425 — — 425 425Liabilities Deposits$ 764,967 $ — $ 766,212 $ — $ 766,212Borrowings 10,027 — 9,003 — 9,003Interest payable 85 — 85 — 85
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, 2021 (dollars in thousands) Fair Value Valuation Technique(s)Unobservable InputRange (Weighted Average) Assets IRLCs - asset$ 144 Market approachRange of pull through rate 85% Quantitative information about Level 3 Fair Value Measurements for December 31, 2020 (dollars in thousands) Fair Value Valuation Technique(s)Unobservable InputRange (Weighted Average)Assets IRLCs - asset$ 425 Market approachRange 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, 2021 (dollars in thousands) Fair Value Valuation Technique(s) Unobservable Input Range (Weighted Average)Impaired loans$1,802 Discounted appraised value Selling cost 0% - 10% (8%) Discount for lack of marketability and age of appraisal 0% - 20% (6%)OREO$761 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, 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%)