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Disclosures about Fair Value of Assets and Liabilities (Tables)
12 Months Ended
Dec. 31, 2025
Disclosures about Fair Value of Assets and Liabilities [Abstract]  
Assets Measured at Fair Value on Nonrecurring Basis
The following table presents the fair value measurement of assets measured at fair value on a nonrecurring basis and the level within the fair value hierarchy in which the fair value measurements fall at December 31, 2025 and December 31, 2024 (dollars in thousands):
 
 
 
Fair Value
   
(Level 1)
   
(Level 2)
   
(Level 3)
 
December 31, 2025
                       
Collateral-dependent loans
 
$
369
   
$
-
   
$
-
   
$
369
 
 
                               
December 31, 2024
                               
Collateral-dependent loans
 
$
3,209
   
$
-
   
$
-
   
$
3,209
 
Quantitative Information About Unobservable Inputs Used in Recurring and Nonrecurring Level 3 Fair Value Measurements
The following table presents quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements.
 
 
     
 Valuation
 
 Unobservable
 
 
Fair Value
 
Technique
 
Inputs
December 31, 2025
     
 
 
   
Collateral-dependent loans
 
$
369
 
Estimated cash to be received pending liquidation of collateral
 
Estimated cost to sell
 
       
 
 
    
December 31, 2024
       
 
 
   
Collateral-dependent loans
 
$
3,209
 
Estimated cash to be received pending liquidation of collateral
 
Estimated cost to sell
Estimated Fair Value of Financial Instruments Not Recorded at Fair Value
The following table presents estimated fair values of the Company’s financial instruments not recorded at fair value at December 31, 2025 and December 31, 2024 (dollars in thousands):
 
   
Carrying
   
Fair Value Measurements
 
   
Amount
   
Level 1
   
Level 2
   
Level 3
   
Total
 
December 31, 2025
                             
                               
Financial Assets
                             
Cash and due from banks
 
$
244,635
   
$
244,635
   
$
-
   
$
-
   
$
244,635
 
Interest-bearing timedeposits in other banks
   
10,457
     
-
     
10,457
     
-
     
10,457
 
Loans, net
   
1,587,024
     
-
     
1,605,518
     
369
     
1,605,887
 
Loans held for sale
   
2,078
     
-
     
2,078
     
-
     
2,078
 
Nonmarketable equity securities
   
1,165
     
-
     
1,165
     
-
     
1,165
 
Interest receivable
   
8,822
     
-
     
8,822
     
-
     
8,822
 
                                         
Financial Liabilities
                                       
Deposits
 
$
1,700,833
   
$
-
   
$
1,700,646
   
$
-
   
$
1,700,646
 
Interest payable
   
1,122
     
-
     
1,122
     
-
     
1,122
 
                                         
December 31, 2024
                                       
                                         
Financial Assets
                                       
Cash and due from banks
 
$
234,196
   
$
234,196
   
$
-
   
$
-
   
$
234,196
 
Interest-bearing time
                                       
deposits in other banks
   
6,719
     
-
     
6,719
     
-
     
6,719
 
Loans, net
   
1,379,465
     
-
     
1,392,299
     
3,209
     
1,395,508
 
Nonmarketable equity securities
   
1,283
     
-
     
1,283
     
-
     
1,283
 
Interest receivable
   
8,841
     
-
     
8,841
     
-
     
8,841
 
                                         
Financial Liabilities
                                       
Deposits
 
$
1,515,471
   
$
-
   
$
1,515,023
   
$
-
   
$
1,515,023
 
Interest payable
   
1,182
     
-
     
1,182
     
-
     
1,182