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Fair Value of Financial Instruments
 9 Months Ended
Sep. 30, 2025
Fair Value Disclosures [Abstract]  
Fair Value of Financial Instruments Fair Value of Financial Instruments
Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value measurements must maximize the use of observable inputs and minimize the use of unobservable inputs. There is a hierarchy of three levels of inputs that may be used to measure fair value:
Level 1    Quoted prices in active markets for identical assets or liabilities
Level 2    Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities
Level 3    Unobservable inputs supported by little or no market activity that are significant to the fair value of the assets or liabilities
Recurring Measurements
The following tables present the fair value measurements of assets recognized in the Condensed Consolidated Balance Sheets measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall at September 30, 2025 and December 31, 2024:
Fair Value Measurements Using
Fair
Value		Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
September 30, 2025
Available for sale securities
U.S. Treasury securities$794 $794 $— $— 
SBA Pools3,199 — 3,199 — 
Federal agencies13,935 — 13,935 — 
State and municipal obligations128,697 — 127,372 1,325 
Mortgage-backed securities - GSE residential94,180 — 94,180 — 
Corporate obligations9,644 — 9,644 — 
$250,449 $794 $248,330 $1,325 

Fair Value Measurements Using
Fair
Value		Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
December 31, 2024
Available for sale securities
U.S. Treasury securities$3,161 $3,161 $— $— 
SBA Pools3,700 — 3,700 — 
Federal agencies13,334 — 13,334 — 
State and municipal obligations130,359 — 130,359 — 
Mortgage-backed securities - GSE residential98,313 — 98,313 — 
Corporate obligations9,325 — 9,325 — 
$258,192 $3,161 $255,031 $— 

Following is a description of the valuation methodologies and inputs used for assets measured at fair value on a recurring basis and recognized in the accompanying consolidated balance sheets, as well as the general classification of such assets pursuant to the valuation hierarchy. There have been no significant changes in the valuation techniques during the nine months ended September 30, 2025.
Available for Sale Securities
Where quoted market prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy, which includes equity securities.  If quoted market prices are not available, then fair values are estimated by using pricing models, quoted prices of securities with similar characteristics or discounted cash flows. Level 2 securities include agency securities, obligations of state and political subdivisions, and mortgage-backed securities. Matrix pricing is a mathematical technique widely used in the banking industry to value investment securities without relying exclusively on quoted prices for specific investment securities but rather relying on the investment securities’ relationship to other benchmark quoted investment
securities. In certain cases where Level 1 or Level 2 inputs are not available, securities are classified within Level 3 of the hierarchy.
During the nine months ended September 30, 2025, approximately $1.3 million of state and municipal obligations were transferred from Level 2 to Level 3 due to the absence of observable market inputs and reliance on the original purchase price for valuation. There was no other activity in Level 3 investments during the nine months ended September 30, 2025.
Nonrecurring Measurements
As of September 30, 2025 and December 31, 2024, there were no assets or liabilities measured at fair value on a nonrecurring basis.
Fair Value of Financial Instruments
The following tables present estimated fair values of the Company’s financial instruments at September 30, 2025 and December 31, 2024:
Fair Value Measurements Using
Carrying
Value		Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
September 30, 2025
Financial assets
Cash and cash equivalents$34,265 $34,265 $— $— 
Available for sale securities250,449 794 248,330 1,325 
Held to maturity securities2,772 — 2,724 — 
Loans held for sale1,441 — — 1,441 
Loans and leases receivable, net1,178,232 — — 1,145,219 
FHLB stock13,907 — 13,907 — 
Interest receivable5,832 — 5,832 — 
Financial liabilities
Deposits1,118,258 — 1,120,561 — 
FHLB advances254,000 — 254,734 — 
Interest payable2,914 — 2,914 — 
Fair Value Measurements Using
Carrying
Value		Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
December 31, 2024
Financial assets
Cash and cash equivalents$21,757 $21,757 $— $— 
Interest-earning time deposits300—300—
Available for sale securities258,192 3,161 255,031 — 
Held to maturity securities3,498 — 3,421 — 
Loans held for sale1,093 — — 1,093 
Loans and leases receivable, net1,158,879 — — 1,099,274 
FHLB stock13,907 — 13,907 — 
Interest receivable6,030 — 6,030 — 
Financial liabilities
Deposits1,093,940 — 1,095,961 — 
FHLB advances265,000 — 264,162 — 
Interest payable4,832 — 4,832 —