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Fair Value Measurements And Fair Values Of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2025
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 March 31, 2025

Assets

Level 1

Level 2

Level 3

Total

Equity securities, at fair value

$

$

$

$

Available for sale:

U.S. Treasury

32,472

32,472

Municipal

133,879

133,879

Corporate

24,341

24,341

Agency MBS & CMO

137,693

137,693

Non-Agency MBS & CMO

137,127

137,127

Asset-backed

29,975

29,975

Total assets

$

32,472

$

463,015

$

$

495,487

Liabilities

Derivatives

$

$

375

$

$

375

(Dollars in thousands)

Fair Value at December 31, 2024

Assets

Level 1

Level 2

Level 3

Total

Equity securities, at fair value

$

166

$

$

$

166

Available for sale:

U.S. Treasury

31,797

31,797

Municipal

133,592

133,592

Corporate

24,224

24,224

Agency MBS & CMO

138,742

138,742

Non-Agency MBS & CMO

149,170

149,170

Asset-backed

31,079

31,079

Total assets

$

31,963

$

476,807

$

$

508,770

Liabilities

Derivatives

$

$

2,275

$

$

2,275

Schedule Of Fair Value On A Nonrecurring Basis

(Dollars in Thousands)

Fair Value at March 31, 2025

Asset Description

Level 1

Level 2

Level 3

Total

Collateral Dependent (1)

$

$

$

380

$

380

Total assets

$

$

$

380

$

380

(Dollars in Thousands)

Fair Value at December 31, 2024

Asset Description

Level 1

Level 2

Level 3

Total

Collateral Dependent (1)

$

$

$

380

$

380

Total assets

$

$

$

380

$

380

(1)Collateral dependent loans are reported at the fair value of the underlying collateral if repayment is expected solely from the collateral. Collateral values are estimated using Level 3 inputs based on customized discounting criteria.

Fair Value Inputs, Assets, Quantitative Information

(Dollars in thousands)

Range

March 31, 2025

Fair Value

Valuation Technique

Unobservable Input

(Weighted Average)

Collateral Dependent

$

380

Appraisal

Appraisal Adjustment on:

Real estate assets

100% (100%)

Cost to sell

10%

Range

December 31, 2024

Fair Value

Valuation Technique

Unobservable Input

(Weighted Average)

Collateral Dependent

$

380

Appraisal

Appraisal Adjustment on:

Real estate assets

100% (100%)

Cost to sell

10%

Fair Value, By Balance Sheet Grouping

March 31, 2025

Carrying

Fair

(Dollars in thousands)

Amount

Value

Level 1

Level 2

Level 3

Financial assets, carried at cost:

Cash and cash equivalents

$

224,956

$

224,956

$

224,956

$

$

Long-term interest-earning deposits in other banks

1,249

1,249

1,249

Loans held for sale

1,791

1,821

1,821

Net loans

1,437,747

1,420,280

1,420,280

Accrued interest receivable

7,298

7,298

7,298

Financial liabilities:

Deposits

$

1,867,577

$

1,868,881

$

$

1,868,881

$

FHLB advances

200,000

201,565

201,565

Subordinate notes

19,710

18,032

18,032

Accrued interest payable

3,995

3,995

3,995

December 31, 2024

Carrying

Fair

(Dollars in thousands)

Amount

Value

Level 1

Level 2

Level 3

Financial assets, carried at cost:

Cash and cash equivalents

$

203,613

$

203,613

$

203,613

$

$

Long-term interest-earning deposits in other banks

1,499

1,499

1,499

Loans held for sale

2,470

2,470

2,470

Net loans

1,380,424

1,351,450

1,351,450

Accrued interest receivable

7,348

7,348

7,348

Financial liabilities:

Deposits

$

1,815,647

$

1,814,479

$

$

1,814,479

$

FHLB Advances

200,000

200,883

200,883

Subordinate notes

19,699

18,032

18,032

Accrued interest payable

4,689

4,689

4,689