Schedule of Quantitative Information About Nonrecurring Level 3 Fair Value Measurements

The following table presents quantitative information about nonrecurring Level 3 fair value measurements as of December 31, 2022. There were no nonrecurring Level 3 fair value measurements requiring quantitative information as of December 31, 2023.

        December 31, 2022

        Fair Value

        Valuation
Technique(s)

        Unobservable Input(s)

        Range
(Weighted
Average)

Other real estate owned

$

38

Appraisal value of collateral

Selling costs or other normal adjustments

49

%

Schedule of Carrying Amounts And Estimated Fair Values of Financial Instruments

The carrying amounts and estimated fair values of financial instruments not previously discussed in this note, as of December 31, 2023 and 2022, are as follows:


	Fair value measurements as of December 31, 2023 using:
	Carrying Amount		Level 1 Inputs		Level 2 Inputs		Level 3 Inputs		Total Fair Value
Financial assets:
Cash, due from banks, federal funds sold and interest-bearing deposits	$	89,524	$	89,524	$	—	$	—	$	89,524
Marketable securities held to maturity		404,208		—		374,523		—		374,523
Loans, net		2,290,881		—		—		2,187,669		2,187,669
Accrued interest receivable		13,143		—		13,143		—		13,143
Nonmarketable equity securities		24,128		—		24,128		—		24,128
Financial liabilities:
Deposits	$	2,633,246	$	1,928,063	$	706,074	$	—	$	2,634,137
Securities sold under repurchase agreements		25,172		—		25,172		—		25,172
Accrued interest payable		5,272		—		5,272		—		5,272
Federal Home Loan Bank advances		140,000		—		139,963		—		139,963
Subordinated debt		45,785		—		46,433		—		46,433


	Fair value measurements as of December 31, 2022 using:
	Carrying Amount		Level 1 Inputs		Level 2 Inputs		Level 3 Inputs		Total Fair Value
Financial assets:
Cash, due from banks, federal funds sold and interest-bearing deposits	$	106,467	$	106,467	$	—	$	—	$	106,467
Marketable securities held to maturity		509,008		—		475,068		—		475,068
Loans, net		2,344,245		—		—		2,217,606		2,217,606
Accrued interest receivable		11,555		—		11,555		—		11,555
Nonmarketable equity securities		25,585		—		25,585		—		25,585
Financial liabilities:
Deposits	$	2,681,154	$	2,326,615	$	351,981	$	—	$	2,678,596
Securities sold under repurchase agreements		7,221		—		7,221		—		7,221
Accrued interest payable		2,348		—		2,348		—		2,348
Federal Home Loan Bank advances		290,000		—		289,926		—		289,926
Subordinated debt		49,153		—		50,025		—		50,025