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Fair Value Measurements And Fair Values Of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 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 September 30, 2025

Assets

Basis

Level 1

Level 2

Level 3

Total

Available for sale:

U.S. Treasury

33,067 

33,067 

Municipal

136,698 

136,698 

Corporate

20,231 

20,231 

Agency MBS & CMO

132,376 

132,376 

Non-Agency MBS & CMO

118,770 

118,770 

Asset-backed

28,143 

28,143 

Total available for sale

Recurring

$

33,067 

$

436,218 

$

$

469,285 

Collateral dependent loans (1)

Nonrecurring

6,372 

6,372 

Liabilities

Derivatives

Recurring

429 

429 

(Dollars in thousands)

Fair Value at December 31, 2024

Assets

Basis

Level 1

Level 2

Level 3

Total

Equity securities, at fair value

Recurring

$

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 available for sale

Recurring

$

31,963 

$

476,807 

$

$

508,770 

Collateral dependent loans (1)

Nonrecurring

380 

380 

Derivatives

Recurring

2,275 

2,275 

(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

September 30, 2025

Fair Value

Valuation Technique

Unobservable Input

(Weighted Average)

Appraisal Adjustment on:

Collateral Dependent

$

6,372

Appraisal

Real estate assets

20%

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

September 30, 2025

Carrying

Fair

(Dollars in thousands)

Amount

Value

Level 1

Level 2

Level 3

Financial assets, carried at cost:

Cash and cash equivalents

$

188,144

$

188,144

$

188,144

$

$

Long-term interest-earning deposits in other banks

999

999

999

Loans held for sale

1,420

1,445

1,445

Net loans

1,543,515

1,535,966

1,535,966

Accrued interest receivable

7,642

7,642

7,642

Financial liabilities:

Deposits

$

1,902,895

$

1,903,051

$

$

1,903,051

$

FHLB advances

200,000

201,854

201,854

Subordinate notes

10,841

9,532

9,532

Accrued interest payable

3,803

3,803

3,803

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