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Fair Value Measurements And Fair Values Of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2022
Fair Value Measurements And Fair Values Of Financial Instruments [Abstract]  
Schedule Of Fair Value, Assets And Liabilities Measured On Recurring Basis

(Dollars in Thousands

Fair Value at December 31, 2022

Asset Description

Level 1

Level 2

Level 3

Total

Equity securities, at fair value

$

411

$

—

$

—

$

411

Available for sale:

U.S. Treasury

90,257

—

—

90,257

Municipal

—

155,455

—

155,455

Corporate

—

24,239

—

24,239

Agency mortgage & asset-backed

—

150,935

—

150,935

Non-Agency mortgage & asset-backed

—

65,950

—

65,950

Total assets

$

90,668

$

396,579

$

—

$

487,247

(Dollars in Thousands)

Fair Value at December 31, 2021

Asset Description

Level 1

Level 2

Level 3

Total

Equity securities, at fair value

$

481

$

—

$

—

$

481

Available for sale:

U.S. Treasury

84,286

—

—

84,286

Municipal

—

212,227

—

212,227

Corporate

—

24,939

—

24,939

Agency mortgage & asset-backed

—

177,685

—

177,685

Non-Agency mortgage & asset-backed

—

30,674

—

30,674

Total assets

$

84,767

$

445,525

$

—

$

530,292

Schedule Of Fair Value On A Nonrecurring Basis

(Dollars in Thousands)

Fair Value at December 31, 2021

Asset Description

Level 1

Level 2

Level 3

Total

Impaired Loans (1)

$

—

$

—

$

4,880

$

4,880

Total assets

—

$

—

$

4,880

$

4,880

(1) Includes assets directly charged down to fair value during the year-to-date period or those for which a specific reserve has been established.

Fair Value Inputs, Assets, Quantitative Information

(Dollars in Thousands)

Quantitative Information about Level 3 Fair Value Measurements

Range

December 31, 2021

Fair Value

Valuation Technique

Unobservable Input

(Weighted Average)

Impaired Loans

$

4,880

Appraisal

Appraisal Adjustment on

Real estate assets

20% (20%)

Non-real estate assets

50% - 100% (83%)

Cost to sell

8%

Fair Value, By Balance Sheet Grouping

December 31, 2022

Carrying

Fair

(Dollars in thousands)

Amount

Value

Level 1

Level 2

Level 3

Financial assets, carried at cost:

Cash and cash equivalents

$

64,899

$

64,899

$

64,899

$

—

$

—

Long-term interest-bearing deposits in other banks

13,975

13,975

13,975

Loans held for sale

283

287

—

287

—

Net loans

1,036,866

986,141

—

—

986,141

Accrued interest receivable

6,354

6,354

—

—

6,354

Financial liabilities:

Deposits

$

1,551,448

$

1,550,030

$

—

$

1,550,030

$

—

Subordinate notes

19,623

17,876

—

17,876

—

Accrued interest payable

192

192

—

192

—

December 31, 2021

Carrying

Fair

(Dollars in thousands)

Amount

Value

Level 1

Level 2

Level 3

Financial assets, carried at cost:

Cash and cash equivalents

$

175,149

$

175,149

$

175,149

$

—

$

—

Long-term interest-bearing deposits in other banks

10,492

10,492

10,492

Loans held for sale

2,827

2,940

—

2,940

—

Net loans

983,746

1,003,580

—

—

1,003,580

Accrued interest receivable

5,217

5,217

—

—

5,217

Financial liabilities:

Deposits

$

1,584,359

$

1,616,128

$

—

$

1,616,128

$

—

Subordinate notes

19,588

19,909

—

19,909

—

Accrued interest payable

83

83

—

83

—