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Investment Securities (Tables)
6 Months Ended
Jun. 30, 2023
Investments, Debt and Equity Securities [Abstract]  
Schedule of Debt Securities, Available-for-Sale
Debt securities AFS as of the balance sheet dates consisted of the following:
June 30, 2023Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
 (Dollars in thousands)
U.S. Government-sponsored enterprises$44,586 $— $(5,718)$38,868 
Agency mortgage-backed190,607 53 (33,320)157,340 
State and political subdivisions72,450 310 (7,531)65,229 
Corporate6,350 — (250)6,100 
Total$313,993 $363 $(46,819)$267,537 
December 31, 2022Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
 (Dollars in thousands)
U.S. Government-sponsored enterprises$45,090 $— $(5,845)$39,245 
Agency mortgage-backed198,478 104 (34,150)164,432 
State and political subdivisions47,722 281 (7,537)40,466 
Corporate6,343 — (219)6,124 
Total$297,633 $385 $(47,751)$250,267 
Schedule of Investments Classified by Contractual Maturity Date
The amortized cost and estimated fair value of debt securities by contractual scheduled maturity as of June 30, 2023 were as follows:
Amortized
Cost
Fair
Value
Available-for-sale(Dollars in thousands)
Due in one year or less$997 $981 
Due from one to five years24,428 22,052 
Due from five to ten years25,224 22,264 
Due after ten years72,737 64,900 
 123,386 110,197 
Agency mortgage-backed190,607 157,340 
Total debt securities available-for-sale$313,993 $267,537 
Schedule of Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value
Information pertaining to all AFS debt securities with gross unrealized losses, for which an ACL has not been recorded, as of the balance sheet dates, aggregated by investment category and length of time that individual securities have been in a continuous loss position, follows:
June 30, 2023Less Than 12 Months12 Months and overTotal
 Number
of
Securities
Fair
Value
Gross
Unrealized
Losses
Number
of
Securities
Fair
Value
Gross
Unrealized
Losses
Number
of
Securities
Fair
Value
Gross
Unrealized
Losses
(Dollars in thousands)
U.S. Government-
  sponsored enterprises
$2,934 $(3)34 $35,820 $(5,715)35 $38,754 $(5,718)
Agency mortgage-backed5,089 (247)91 146,810 (33,073)93 151,899 (33,320)
State and political
  subdivisions
18 26,312 (815)60 32,490 (6,716)78 58,802 (7,531)
Corporate3,229 (122)2,871 (128)13 6,100 (250)
Total28 $37,564 $(1,187)191 $217,991 $(45,632)219 $255,555 $(46,819)
December 31, 2022Less Than 12 Months12 Months and overTotal
 Number
of
Securities
Fair
Value
Gross
Unrealized
Losses
Number
of
Securities
Fair
Value
Gross
Unrealized
Losses
Number
of
Securities
Fair
Value
Gross
Unrealized
Losses
(Dollars in thousands)
U.S. Government-
  sponsored enterprises
$8,000 $(533)31 $31,103 $(5,312)35 $39,103 $(5,845)
Agency mortgage-backed31 24,306 (2,192)62 134,297 (31,958)93 158,603 (34,150)
State and political
  subdivisions
39 15,457 (1,846)27 18,613 (5,691)66 34,070 (7,537)
Corporate10 4,719 (124)1,405 (95)13 6,124 (219)
Total84 $52,482 $(4,695)123 $185,418 $(43,056)207 $237,900 $(47,751)
Schedule of Realized Gain (Loss) The following table presents the proceeds from sales resulting in gross realized gains and gross realized losses from the disposition of AFS securities for the three and six months ended June 30, 2022:
For The Three Months Ended June 30,For The Six Months Ended June 30,
20222022
(Dollars in thousands)
Proceeds from sales$— $6,827 
Proceeds from calls502 502 
Gross gains81 
Gross losses— (50)
Net gains on sales of investment securities AFS$$31