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Fair Value Measurements And Fair Values Of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2023
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 September 30, 2023

Asset Description

Level 1

Level 2

Level 3

Total

Equity securities, at fair value

$

386

$

—

$

—

$

386

Available for sale:

U.S. Treasury

71,141

—

—

71,141

Municipal

—

128,717

—

128,717

Corporate

—

22,983

—

22,983

Agency mortgage & asset-backed

—

134,370

—

134,370

Non-Agency mortgage & asset-backed

—

101,065

—

101,065

Total assets

$

71,527

$

387,135

$

—

$

458,662

(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 and asset-backed

—

150,935

—

150,935

Non-Agency mortgage and asset-backed

—

65,950

—

65,950

Total assets

$

90,668

$

396,579

$

—

$

487,247

Fair Value, By Balance Sheet Grouping

September 30, 2023

Carrying

Fair

(Dollars in thousands)

Amount

Value

Level 1

Level 2

Level 3

Financial assets, carried at cost:

Cash and cash equivalents

$

73,953

$

73,953

$

73,953

$

—

$

—

Long-term interest-earning deposits in other banks

7,728

7,728

7,728

—

—

Loans held for sale

792

792

—

792

—

Net loans

1,191,322

1,131,171

—

—

1,131,171

Accrued interest receivable

6,764

6,764

—

—

6,764

Financial liabilities:

Deposits

$

1,567,414

$

1,566,099

$

—

$

1,566,099

$

—

Federal Reserve Bank borrowings

70,000

69,597

69,597

FHLB advances

40,000

40,117

—

40,117

—

Subordinate notes

19,653

18,119

—

18,119

—

Accrued interest payable

2,836

2,836

—

2,836

—

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-earning 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

—