Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2022

Fair Value Measurements [Abstract]

Schedule Of Assets Measured At Fair Value On Recurring Basis

September 30, 2022

December 31, 2021

Level 1

Level 2

Level 3

Total

Level 1

Level 2

Level 3

Total

Investment securities available for sale:

U.S. Government Agency

$

-

$

9,028

$

-

$

9,028

$

-

$

10,520

$

-

$

10,520

Collateralized mortgage obligations

-

100,048

-

100,048

-

156,829

-

156,829

Mortgage-backed securities - residential 

-

76,707

-

76,707

-

118,842

-

118,842

Mortgage-backed securities - commercial

-

26,935

-

26,935

-

50,117

-

50,117

Municipal securities

-

18,629

-

18,629

-

24,276

-

24,276

Bank subordinated debt securities

-

13,562

-

13,562

-

28,408

-

28,408

Corporate bonds

-

3,662

-

3,662

-

12,550

-

12,550

Total

-

248,571

-

248,571

-

401,542

-

401,542

Derivative assets

-

5,254

-

5,254

-

1,434

-

1,434

Total assets at fair value

$

-

$

253,825

$

-

$

253,825

$

-

$

402,976

$

-

$

402,976

Derivative liabilities

$

-

$

5,254

$

-

$

5,254

$

-

$

1,434

$

-

$

1,434

Total liabilities at fair value

$

-

$

5,254

$

-

$

5,254

$

-

$

1,434

$

-

$

1,434

Schedule Of Assets Measured At Fair Value On A Nonrecurring Basis

Level 1

Level 2

Level 3

Total

September 30, 2022:

Impaired loans

$

-

$

-

$

3,669

$

3,669

December 31, 2021:

Impaired loans

$

-

$

-

$

3,990

$

3,990

Quantified Information About Level 3 Fair Value Measurements For Assets Measured At Fair Value On A Non-recurring Basis

Fair Value

Valuation Technique(s)

Unobservable Input(s)

September 30, 2022:

Residential real estate

$

3,523

Sales comparison approach

Adj. for differences between comparable sales

Commercial and industrial

44

Discounted cash flow

Adj. for differences in net operating income expectations

Consumer and other loans

102

Discounted cash flow

Adj. for differences in net operating income expectations

Total impaired loans

$

3,669

December 31, 2021:

Residential real estate

$

3,807

Sales comparison approach

Adj. for differences between comparable sales

Commercial and industrial

70

Discounted cash flow

Adj. for differences in net operating income expectations

Consumer and other loans

113

Discounted cash flow

Adj. for differences in net operating income expectations

Total impaired loans

$

3,990

Carrying Amounts And Estimated Fair Values Of Financial Instruments Not Carried At Fair Value

Fair Value Hierarchy

Carrying

Amount

Level 1

Level 2

Level 3

Fair Value

Amount

September 30, 2022:

Financial Assets:

Cash and due from banks

$

5,975

$

5,975

$

-

$

-

$

5,975

Interest-bearing deposits in banks

$

67,351

$

67,351

$

-

$

-

$

67,351

Investment securities held to maturity

$

178,865

$

-

$

159,739

$

-

$

159,739

Loans held for investment, net

$

1,414,909

$

-

$

-

$

1,366,891

$

1,366,891

Accrued interest receivable

$

6,568

$

-

$

1,278

$

5,290

$

6,568

Financial Liabilities:

Demand deposits

$

662,808

$

662,808

$

-

$

-

$

662,808

Money market and savings accounts

$

851,727

$

851,727

$

-

$

-

$

851,727

Interest-bearing checking accounts

$

63,721

$

63,721

$

-

$

-

$

63,721

Time deposits

$

218,386

$

-

$

-

$

212,450

$

212,450

FHLB advances

$

26,000

$

-

$

24,505

$

-

$

24,505

Accrued interest payable

$

129

$

20

$

30

$

79

$

129

December 31, 2021:

Financial Assets:

Cash and due from banks

$

6,477

$

6,477

$

-

$

-

$

6,477

Interest-bearing deposits in banks

$

39,751

$

39,751

$

-

$

-

$

39,751

Investment securities held to maturity

$

122,658

$

-

$

120,157

$

-

$

120,157

Loans held for investment, net

$

1,175,024

$

-

$

-

$

1,189,191

$

1,189,191

Accrued interest receivable

$

5,975

$

-

$

1,222

$

4,753

$

5,975

Financial Liabilities:

Demand deposits

$

605,425

$

605,425

$

-

$

-

$

605,425

Money market and savings accounts

$

703,856

$

703,856

$

-

$

-

$

703,856

Interest-bearing checking accounts

$

55,878

$

55,878

$

-

$

-

$

55,878

Time deposits

$

225,200

$

-

$

-

$

224,688

$

224,688

FHLB advances

$

36,000

$

-

$

36,479

$

-

$

36,479

Accrued interest payable

$

96

$

-

$

50

$

46

$

96