XML 61 R49.htm IDEA: XBRL DOCUMENT v3.22.0.1
DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Dec. 31, 2021
DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS  
Schedule of estimated fair value and recorded carrying value

AT DECEMBER 31, 2021

    

Carrying 

    

    

    

    

Value

Fair Value

(Level 1)

(Level 2)

(Level 3)

(IN THOUSANDS)

FINANCIAL ASSETS:

 

  

 

  

 

  

 

  

 

  

Investment securities – HTM

$

53,751

$

55,516

$

$

52,523

$

2,993

Loans held for sale

 

983

1,022

1,022

 

 

Loans, net of allowance for loan loss and unearned income

 

972,656

969,681

 

 

969,681

FINANCIAL LIABILITIES:

 

  

 

  

 

  

 

  

 

  

Deposits with stated maturities

292,325

294,280

294,280

All other borrowings (1)

 

69,256

 

69,506

 

 

 

69,506

AT DECEMBER 31, 2020

    

Carrying 

Value

    

Fair Value

    

(Level 1)

    

(Level 2)

    

(Level 3)

(IN THOUSANDS)

FINANCIAL ASSETS:

Investment securities – HTM

$

44,222

$

47,106

$

$

44,108

$

2,998

Loans held for sale

 

6,250

6,428

6,428

 

 

Loans, net of allowance for loan loss and unearned income

 

960,750

969,433

 

 

969,433

FINANCIAL LIABILITIES:

 

  

 

  

 

  

 

  

 

  

Deposits with stated maturities

344,146

347,927

347,927

All other borrowings(1)

 

85,493

 

90,907

 

 

 

90,907

(1)All other borrowings include advances from Federal Home Loan Bank, guaranteed junior subordinated deferrable interest debentures, and subordinated debt.