Derivatives and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2022

Dec. 31, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of the Company's Derivatives Associated with its Interest Rate Risk Management Activities

The following tables summarize the Company’s derivatives associated with its interest rate risk management activities:

				December 31, 2022
(Dollars in thousands)	Start Date	Maturity Date	Rate	Notional		Other Assets		Other Liabilities
Debt Hedging
Hedging Instruments:
Interest Rate Swap 2020	4/13/2020	4/13/2025	0.68%	$	5,000	$	431	$	—
Interest Rate Swap 2021	4/13/2021	4/13/2026	0.74%	$	5,000	$	530	$	—
Total Hedging Instruments				$	10,000	$	961	$	—
Hedged Items:
Variability in cash flows    related to 90-day FHLB    advances				N/A		$	—	$	10,000

				December 31, 2021
(Dollars in thousands)	Start Date	Maturity Date	Rate	Notional		Other Assets		Other Liabilities
Debt Hedging
Hedging Instruments:
Interest Rate Swap 2020	4/13/2020	4/13/2025	0.68%	$	5,000	$	85	$	—
Interest Rate Swap 2021	4/13/2021	4/13/2026	0.74%	$	5,000	$	115	$	—
Total Hedging Instruments				$	10,000	$	200	$	—
Hedged Items:
Variability in cash flows    related to 90-day FHLB    advances				N/A		$	—	$	10,000

Summary of the Effect of Cash Flow Hedge Accounting

The following table summarizes the effect of cash flow hedge accounting on the consolidated statements of income for the years ended December 31, 2022 and 2021:

	Location and Amount of Income (Loss) Recognized in Statements of (Loss) Income
	2022				2021
(Dollars in thousands)	Interest Income (Expense)		Other Income (Expense)		Interest Income (Expense)			Other Income (Expense)
The effect of cash flow hedging accounting:
Amount reclassified from AOCI into expense	$	115	$	—	$	(48	)	$	—