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Fair Value Measurement (Tables)
9 Months Ended
Sep. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Assets Measured at Fair Value on Recurring Basis
Assets measured at fair value on a recurring basis at September 30, 2025 and December 31, 2024, segregated by fair value hierarchy level, are summarized below:
 Fair Value Measurements
 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:(Dollars in thousands)
Debt securities AFS:
U.S. Government-sponsored enterprises$25,867 $2,815 $23,052 $— 
Agency mortgage-backed185,007 — 185,007 — 
State and political subdivisions47,544 — 47,544 — 
Corporate1,986 — 1,986 — 
Total debt securities$260,404 $2,815 $257,589 $— 
Other investments:
Mutual funds$1,967 $1,967 $— $— 
December 31, 2024:    
Debt securities AFS:    
U.S. Government-sponsored enterprises$26,215 $2,702 $23,513 $— 
Agency mortgage-backed173,275 — 173,275 — 
State and political subdivisions48,550 — 48,550 — 
Corporate2,464 — 2,464 — 
Total debt securities$250,504 $2,702 $247,802 $— 
Other investments:
Mutual funds$1,754 $1,754 $— $— 
Schedule of Fair Values and Carrying Amounts, Significant Financial Instruments
As of the balance sheet dates, the estimated fair values and related carrying amounts of the Company's significant financial instruments were as follows:
September 30, 2025
Fair Value Measurements
Carrying
Amount
Estimated Fair
Value
Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
(Dollars in thousands)
Financial assets
Cash and cash equivalents$35,473 $35,473 $35,473 $— $— 
Interest bearing deposits in banks8,457 8,460 — 8,460 — 
Investment securities262,371 262,371 4,782 257,589 — 
Loans held for sale4,529 4,593 — 4,593 — 
Loans, net
Residential real estate468,599 442,699 — — 442,699 
Construction real estate112,407 111,659 — — 111,659 
Commercial real estate430,758 414,144 — — 414,144 
Commercial32,467 31,542 — — 31,542 
Consumer2,659 2,627 — — 2,627 
Municipal121,093 118,201 — — 118,201 
Accrued interest receivable5,589 5,589 — 904 4,685 
Nonmarketable equity securities12,161 N/AN/AN/AN/A
Financial liabilities
Deposits
Noninterest bearing$227,202 $227,202 $227,202 $— $— 
Interest bearing651,261 651,261 651,261 — — 
Time311,123 310,664 — 310,664 — 
Borrowed funds
Long-term270,841 272,604 — 272,604 — 
Subordinated notes16,299 17,060 — 17,060 — 
Accrued interest payable3,130 3,130 — 3,130 — 
 December 31, 2024
 Fair Value Measurements
Carrying
Amount
Estimated Fair
Value
Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
(Dollars in thousands)
Financial assets
Cash and cash equivalents$15,838 $15,838 $15,838 $— $— 
Interest bearing deposits in banks9,462 9,449 — 9,449 — 
Investment securities252,258 252,258 4,456 247,802 — 
Loans held for sale5,204 5,303 — 5,303 — 
Loans, net
Residential real estate464,691 425,103 — — 425,103 
Construction real estate105,633 103,672 — — 103,672 
Commercial real estate432,173 395,713 — — 395,713 
Commercial34,863 33,096 — — 33,096 
Consumer2,522 2,477 — — 2,477 
Municipal110,336 108,163 — — 108,163 
Accrued interest receivable6,470 6,470 — 1,226 5,244 
Nonmarketable equity securities11,352 N/AN/AN/AN/A
Financial liabilities
Deposits
Noninterest bearing$226,048 $226,048 $226,048 $— $— 
Interest bearing714,862 714,862 714,862 — — 
Time227,984 226,890 — 226,890 — 
Borrowed funds
Short-term29,000 28,946 — 28,946 — 
Long-term230,696 229,613 — 229,613 — 
Subordinated notes16,273 16,128 — 16,128 — 
Accrued interest payable3,319 3,319 — 3,319 —