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Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2025

Fair Value Measurements [Abstract]

Fair Value Assets Measured On Recurring Basis

			Carrying Value at March 31, 2025
			Quoted Prices		Significant
			in Active		Other		Significant
	Balance as of		Markets for		Observable		Unobservable
(dollars in thousands)	Mar 31,		Identical Assets		Inputs		Inputs
Description	2025		(Level 1)		(Level 2)		(Level 3)
US agency obligations	$                           76,398		$                                     -		$                           76,398		$                                     -
Mortgage-backed securities	58,684		-		58,684		-
Municipals	43,187		-		43,187		-
Corporates	14,511		-		14,511		-
Total available-for-sale securities	$                         192,780		$                                     -		$                         192,780		$                                     -
IRLCs - asset	188		-		-		188
Total assets at fair value	$                         192,968		$                                     -		$                         192,780		$                                188
			Carrying Value at December 31, 2024
			Quoted Prices		Significant
			in Active		Other		Significant
	Balance as of		Markets for		Observable		Unobservable
(dollars in thousands)	Dec 31,		Identical Assets		Inputs		Inputs
Description	2024		(Level 1)		(Level 2)		(Level 3)
US agency obligations	$ 73,060		$ -		$ 73,060		$ -
Mortgage-backed securities	58,973		-		58,973		-
Municipals	41,561		-		41,561		-
Corporates	14,322		-		14,322		-
Total available-for-sale securities	$                         187,916		$                                     -		$                         187,916		$                                     -
IRLCs - asset	42		-		-		42
Total assets at fair value	$                         187,958		$                                     -		$                         187,916		$                                  42

Quantitative Information About Assets Measured At Fair Value Level

	Quantitative information about Level 3 Fair Value Measurements for March 31, 2025
	(dollars in thousands)
	Fair Value			Valuation Technique(s)		Unobservable Input		Range (Weighted Average) (1)
Assets
IRLCs – asset	$	188		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, 2024
	(dollars in thousands)
	Fair Value			Valuation Technique(s)		Unobservable Input		Range (Weighted Average) (1)
Assets
IRLCs - asset	$	42		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 March 31, 2025 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	$                       25,760		$                       25,760		$                                 -		$                                 -		$                       25,760
Federal funds sold	69,206		69,206		-		-		69,206
Securities
Available-for-sale	192,780		-		192,780		-		192,780
Held-to-maturity, net	3,602		-		3,237		-		3,237
Restricted stock	1,821		-		1,821		-		1,821
Loans, net (1)	642,388		-		-		622,849		622,849
Loans held for sale	4,739		-		4,739		-		4,739
Interest receivable	2,970		-		2,970		-		2,970
Cash value - bank owned life insurance	23,095		-		23,095		-		23,095
Derivatives - IRLCs	188		-		-		188		188
Liabilities
Deposits	$                     911,683		$                                 -		$                     910,750		$                                 -		$                     910,750
Capital notes	10,049		-		9,835		-		9,835
Other borrowings	9,146		-		8,951		-		8,951
Interest payable	688		-		688		-		688
			Fair Value Measurements at December 31, 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	$ 23,287		$                       23,287		$                                 -		$                                 -		$                       23,287
Federal funds sold	50,022		50,022		-		-		50,022
Securities									-
Available-for-sale	187,916		-		187,916		-		187,916
Held-to-maturity	3,606		-		3,170		-		3,170
Restricted stock	1,821		-		1,821		-		1,821
Loans, net (1)	636,552		-		—		613,984		613,984
Loans held for sale	3,616		-		3,616		-		3,616
Interest receivable	3,065		-		3,065		-		3,065
Cash value - bank owned life insurance	22,907		-		22,907		-		22,907
Derivatives - IRLCs	42		-		—		42		42
Liabilities
Deposits	$ 882,404		$                                 -		$                     881,921		$                                 -		$                     881,921
Capital notes	10,048		-		9,836		-		9,836
Other borrowings	9,300		-		8,929		-		8,929
Interest payable	722		-		722		-		722

(1) Carrying amount is net of unearned income and the ACL.

X

- 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

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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

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-Topic 820
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-Name Accounting Standards Codification
-Section 50
-Paragraph 2
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-Publisher FASB
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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
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-Publisher FASB
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