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Fair Value Measurements (Tables) | 9 Months Ended
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Sep. 30, 2024
Fair Value Measurements [Abstract] |
Fair Value Assets Measured On Recurring Basis |
|  |  | Carrying Value at September 30, 2024 (in thousands)
|  |  | Quoted Prices |  | Significant |  |
|  |  | in Active |  | Other |  | Significant
| Balance as of |  | Markets for |  | Observable |  | Unobservable
| Sept 30, |  | Identical Assets |  | Inputs |  | Inputs
Description | 2024 |  | (Level 1) |  | (Level 2) |  | (Level 3)
US agency obligations | $ 70,217 |  | $ - |  | $ 70,217 |  | $ -
Mortgage-backed securities | 64,697 |  | - |  | 64,697 |  | -
Municipals | 43,380 |  | - |  | 43,380 |  | -
Corporates | 14,175 |  | - |  | 14,175 |  | -
Total available-for-sale securities | $ 192,469 |  | $ - |  | $ 192,469 |  | $ -
IRLCs - asset | 156 |  | - |  | - |  | 156
Total assets at fair value | $ 192,625 |  | $ - |  | $ 192,469 |  | $ 156
|  |  | Carrying Value at December 31, 2023 (in thousands)
|  |  | Quoted Prices |  | Significant |  |
|  |  | in Active |  | Other |  | Significant
| Balance as of |  | Markets for |  | Observable |  | Unobservable
| Dec 31, |  | Identical Assets |  | Inputs |  | Inputs
Description | 2023 |  | (Level 1) |  | (Level 2) |  | (Level 3)
US Treasuries | $ 4,947 |  | $ - |  | $ 4,947 |  | $ -
US agency obligations | 60,955 |  | - |  | 60,955 |  | -
Mortgage-backed securities | 95,079 |  | - |  | 95,079 |  | -
Municipals | 40,789 |  | - |  | 40,789 |  | -
Corporates | 14,740 |  | - |  | 14,740 |  | -
Total available-for-sale securities | $ 216,510 |  | $ - |  | $ 216,510 |  | $ -
IRLCs - asset | 129 |  | - |  | - |  | 129
Total assets at fair value | $ 216,639 |  | $ - |  | $ 216,510 |  | $ 129
Quantitative Information About Assets Measured At Fair Value Level |
| Quantitative information about Level 3 Fair Value Measurements for September 30, 2024
| (dollars in thousands)
| Fair Value |  | Valuation Technique(s) |  | Unobservable Input |  | Range (Weighted Average) (1)
Assets |  |  |  |  |  |  |  |
IRLCs – asset | $ | 156 |  | Market approach |  | Range of pull through rate |  | 70% - 100% (85%)
(1) Weighted based on the relative value of the instruments
| Quantitative information about Level 3 Fair Value Measurements for December 31, 2023
| (dollars in thousands)
| Fair Value |  | Valuation Technique(s) |  | Unobservable Input |  | Range (Weighted Average) (1)
Assets |  |  |  |  |  |  |  |
IRLCs - asset | $ | 129 |  | Market approach |  | Range of pull through rate |  | 70% - 100% (85%)
(1) Weighted based on the relative value of the instruments
Fair Value Carrying And Notional Amounts |
|  |  | Fair Value Measurements at September 30, 2024 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 | $ 22,692 |  | $ 22,692 |  | $ - |  | $ - |  | $ 22,692
Federal funds sold | 86,515 |  | 86,515 |  | - |  | - |  | 86,515
Securities |  |  |  |  |  |  |  |  |
Available-for-sale | 192,469 |  | - |  | 192,469 |  | - |  | 192,469
Held-to-maturity, net | 3,610 |  | - |  | 3,328 |  | - |  | 3,328
Restricted stock | 1,821 |  | - |  | 1,821 |  | - |  | 1,821
Loans, net (1) | 627,112 |  | - |  | - |  | 606,464 |  | 606,464
Loans held for sale | 3,239 |  | - |  | 3,239 |  | - |  | 3,239
Interest receivable | 2,697 |  | - |  | 2,697 |  | - |  | 2,697
Cash value - bank owned life insurance | 22,716 |  | - |  | 22,716 |  | - |  | 22,716
Derivatives - IRLCs | 156 |  | - |  | - |  | 156 |  | 156
Liabilities |  |  |  |  |  |  |  |  |
Deposits | $ 907,610 |  | $ - |  | $ 839,366 |  | $ - |  | $ 839,366
Capital notes | 10,046 |  | - |  | 9,989 |  | - |  | 9,989
Other borrowings | 9,444 |  | - |  | 9,481 |  | - |  | 9,481
Interest payable | 758 |  | - |  | 758 |  | - |  | 758
|  |  | Fair Value Measurements at December 31, 2023 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 | $ 25,613 |  | $ 25,613 |  | $ - |  | $ - |  | $ 25,613
Federal funds sold | 49,225 |  | 49,225 |  | - |  | - |  | 49,225
Securities |  |  |  |  |  |  |  |  |
Available-for-sale | 216,510 |  | - |  | 216,510 |  | - |  | 216,510
Held-to-maturity | 3,622 |  | - |  | 3,231 |  | - |  | 3,231
Restricted stock | 1,541 |  | - |  | 1,541 |  | - |  | 1,541
Loans, net (1) | 601,921 |  | - |  | - |  | 566,655 |  | 566,655
Loans held for sale | 1,258 |  | - |  | 1,258 |  | - |  | 1,258
Interest receivable | 2,835 |  | - |  | 2,835 |  | - |  | 2,835
Cash value - bank owned life insurance | 21,586 |  | - |  | 21,586 |  | - |  | 21,586
Derivatives - IRLCs | 129 |  | - |  | - |  | 129 |  | 129
Liabilities |  |  |  |  |  |  |  |  |
Deposits | $ 878,459 |  | $ - |  | $ 876,846 |  | $ - |  | $ 876,846
Capital notes | 10,042 |  | - |  | 9,854 |  | - |  | 9,854
Other borrowings | 9,890 |  | - |  | 9,861 |  | - |  | 9,861
Interest payable | 480 |  | - |  | 480 |  | - |  | 480
(1) Carrying amount is net of unearned income and the ACLL.

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- Definition 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. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 103 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-103 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + 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://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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