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Securities (Tables)

9 Months Ended

Sep. 30, 2024

Securities [Abstract]

Summary Of Securities Held-To-Maturity And Securities Available-For-Sale


	September 30, 2024
	Amortized			Gross Unrealized						Fair
	Cost			Gains			Losses			Value
Held-to-maturity
U.S. agency obligations	$	3,610		$	—		$	(282)		$	3,328

Available-for-sale
U.S. agency obligations	$	75,352		$	274		$	(5,409)		$	70,217
Mortgage-backed securities		72,395			61			(7,759)			64,697
Municipals		51,718			56			(8,394)			43,380
Corporates		15,513			—			(1,338)			14,175

	$	214,978		$	391		$	(22,900)		$	192,469



	December 31, 2023
	Amortized			Gross Unrealized						Fair
	Cost			Gains			Losses			Value
Held-to-maturity
U.S. agency obligations	$	3,622		$	—		$	(391)		$	3,231

Available-for-sale
U.S. Treasuries	$	4,985		$	—		$	(38)		$	4,947
U.S. agency obligations		68,515			—			(7,560)			60,955
Mortgage-backed securities		103,992			608			(9,521)			95,079
Municipals		50,856			—			(10,067)			40,789
Corporates		15,523			—			(783)			14,740

	$	243,871		$	608		$	(27,969)		$	216,510

Gross Unrealized Losses And Fair Value Of The Bank’s Investments


September 30, 2024	Less than 12 months						More than 12 months						Total
	Fair			Unrealized			Fair			Unrealized			Fair			Unrealized
	Value			Losses			Value			Losses			Value			Losses
Available-for-sale
U.S. agency obligations	$	—		$	—		$	62,867		$	5,409		$	62,867		$	5,409
Mortgage-backed securities		3,073			38			58,764			7,721			61,837			7,759
Municipals		—			—			42,379			8,394			42,379			8,394
Corporates		7,310			689			6,865			649			14,175			1,338

	$	10,383		$	727		$	170,875		$	22,173		$	181,258		$	22,900



December 31, 2023	Less than 12 months						More than 12 months						Total
	Fair			Unrealized			Fair			Unrealized			Fair			Unrealized
	Value			Losses			Value			Losses			Value			Losses
Available-for-sale
U.S. Treasuries		—			—			4,947			38			4,947			38
U.S. agency obligations		—			—			60,955			7,560			60,955			7,560
Mortgage-backed securities		—			—			62,242			9,521			62,242			9,521
Municipals		1,799			25			38,990			10,042			40,789			10,067
Corporates		—			—			6,740			783			6,740			783

	$	1,799		$	25		$	173,874		$	27,944		$	175,673		$	27,969

Contractual Maturities Of Investment Securities


Investment Portfolio Maturities (in thousands):	September 30, 2024
	Amortized
	Costs		Fair Value
Held-to-maturity:
Due in one year or less	$ -		$ -
Due after one year through five years	-		-
Due after five years through ten years	2,420		2,270
Due after ten years	1,190		1,058

Total securities Held-to-maturity	$ 3,610		$ 3,328


	Amortized
	Costs		Fair Value
Available-for-sale:
Due in one year or less	$ 14,520		$ 14,309
Due after one year through five years	40,249		37,643
Due after five years through ten years	61,910		55,795
Due after ten years	98,299		84,722

Total securities Available-for-sale	$ 214,978		$ 192,469