LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)

12 Months Ended

Dec. 31, 2024

LOANS AND ALLOWANCE FOR CREDIT LOSSES

Schedule of classes of the loan portfolio summarized by risk rating

As of December 31, 2024:
(Dollars in thousands)
Real Estate:		2024		2023		2022		2021		2020		Prior		Total
1-6 Pass	$	103,734		114,854		167,390		119,406		101,748		216,890	$	824,022
7    Special Mention		—		—		76		225		—		1,239		1,540
8    Substandard		—		—		4,529		568		4,093		16,641		25,831
9    Doubtful		—		—		—		—		—		—		—
Unearned discount		—		—		—		—		—		—		—
Net deferred loan fees and costs		76		(30)		133		123		93		13		408
Total Real Estate Loans	$	103,810	$	114,824	$	172,128	$	120,322	$	105,934	$	234,783	$	851,801
Agricultural:		2024		2023		2022		2021		2020		Prior		Total
1-6 Pass	$	59		223		43		—		—		611	$	936
7    Special Mention		—		—		—		—		—		—		—
8    Substandard		—		—		—		—		—		—		—
9    Doubtful		—		—		—		—		—		—		—
Unearned discount		—		—		—		—		—		—		—
Net deferred loan fees and costs		2		1		—		—		—		—		3
Total Agricultural Loans	$	61	$	224	$	43	$	—	$	—	$	611	$	939

Commercial and Industrial:		2024		2023		2022		2021		2020		Prior		Total
1-6 Pass	$	8,481		16,252		8,888		4,544		3,086		24,998	$	66,249
7    Special Mention		—		—		—		—		—		—		—
8    Substandard		—		420		—		—		12		25		457
9    Doubtful		—		—		—		—		—		—		—
Unearned discount		—		—		—		—		—		—		—
Net deferred loan fees and costs		86		49		59		5		8		192		399
Total Commercial and Industrial Loans	$	8,567	$	16,721	$	8,947	$	4,549	$	3,106	$	25,215	$	67,105
Consumer:		2024		2023		2022		2021		2020		Prior		Total
1-6 Pass	$	2,962		1,292		718		577		71		764	$	6,384
7    Special Mention		—		—		—		—		—		—		—
8    Substandard		—		—		—		—		—		6		6
9    Doubtful		—		—		—		—		—		—		—
Unearned discount		—		—		—		—		—		—		—
Net deferred loan fees and costs		38		18		10		3		—		—		69
Total Consumer Loans	$	3,000	$	1,310	$	728	$	580	$	71	$	770	$	6,459
State and Political Subdivisions:		2024		2023		2022		2021		2020		Prior		Total
1-6 Pass	$	—		1,232		2,739		13,338		—		4,829	$	22,138
7    Special Mention		—		—		—		—		—		—		—
8    Substandard		—		—		—		—		—		—		—
9    Doubtful		—		—		—		—		—		—		—
Unearned discount		—		—		—		—		—		—		—
Net deferred loan fees and costs		—		2		1		3		—		3		9
Total State and Political Subdivision Loans	$	—	$	1,234	$	2,740	$	13,341	$	—	$	4,832	$	22,147
Total Loans:		2024		2023		2022		2021		2020		Prior		Total
1-6 Pass	$	115,236	$	133,853	$	179,778	$	137,865	$	104,905	$	248,092	$	919,729
7    Special Mention		—		—		76		225		—		1,239		1,540
8    Substandard		—		420		4,529		568		4,105		16,672		26,294
9    Doubtful		—		—		—		—		—		—		—
Unearned discount		—		—		—		—		—		—		—
Net deferred loan fees and costs		202		40		203		134		101		208		888
Total Loans	$	115,438	$	134,313	$	184,586	$	138,792	$	109,111	$	266,211	$	948,451
		2024		2023		2022		2021		2020		Prior		Total
Gross Charge Offs:
Real Estate	$	—		—		—		—		—		345	$	345
Agricultural		—		—		—		—		—		—		—
Commercial and Industrial		—		—		—		20		—		504		524
Consumer		—		15		29		11		8		6		69
State and Political Subdivisions		—		—		—		—		—		—		—
Total Gross Charge Offs	$	—	$	15	$	29	$	31	$	8	$	855	$	938

As of December 31, 2023:
(Dollars in thousands)
Real Estate:		2023		2022		2021		2020		2019		Prior		Total
1-6 Pass	$	110,819	$	186,729	$	132,724	$	110,038	$	54,543	$	192,686	$	787,539
7    Special Mention		—		—		—		—		—		—		—
8    Substandard		—		86		587		3,661		9,452		9,598		23,384
9    Doubtful		—		—		—		—		—		—		—
Unearned discount		—		—		—		—		—		—		—
Net deferred loan fees and costs		130		176		153		116		(13)		8		570
Total Real Estate Loans	$	110,949	$	186,991	$	133,464	$	113,815	$	63,982	$	202,292	$	811,493
Agricultural:		2023		2022		2021		2020		2019		Prior		Total
1-6 Pass	$	—	$	59	$	—	$	—	$	—	$	611	$	670
7    Special Mention		—		—		—		—		—		—		—
8    Substandard		—		—		—		—		—		—		—
9    Doubtful		—		—		—		—		—		—		—
Unearned discount		—		—		—		—		—		—		—
Net deferred loan fees and costs		—		1		—		—		—		—		1
Total Agricultural Loans	$	—	$	60	$	—	$	—	$	—	$	611	$	671
Commercial and Industrial:		2023		2022		2021		2020		2019		Prior		Total
1-6 Pass	$	12,672	$	10,186	$	5,776	$	7,439	$	6,833	$	22,927	$	65,833
7    Special Mention		—		—		—		—		—		—		—
8    Substandard		—		—		—		—		—		650		650
9    Doubtful		—		—		—		—		—		—		—
Unearned discount		—		—		—		—		—		—		—
Net deferred loan fees and costs		95		83		24		17		208		(1)		426
Total Commercial and Industrial Loans	$	12,767	$	10,269	$	5,800	$	7,456	$	7,041	$	23,576	$	66,909
Consumer:		2023		2022		2021		2020		2019		Prior		Total
1-6 Pass	$	2,415	$	1,238	$	926	$	206	$	110	$	802	$	5,697
7    Special Mention		58		—		—		—		—		—		58
8    Substandard		—		—		—		—		—		—		—
9    Doubtful		—		—		—		—		—		—		—
Unearned discount		—		—		—		—		—		—		—
Net deferred loan fees and costs		38		20		8		2		1		—		69
Total Consumer Loans	$	2,511	$	1,258	$	934	$	208	$	111	$	802	$	5,824
State and Political Subdivisions:		2023		2022		2021		2020		2019		Prior		Total
1-6 Pass	$	731	$	4,095	$	14,139	$	1,905	$	—	$	5,303	$	26,173
7    Special Mention		—		—		—		—		—		—		—
8    Substandard		—		—		—		—		—		—		—
9    Doubtful		—		—		—		—		—		—		—
Unearned discount		—		—		—		—		—		—		—
Net deferred loan fees and costs		2		1		4		1		—		—		8
Total State and Political Subdivision Loans	$	733	$	4,096	$	14,143	$	1,906	$	—	$	5,303	$	26,181

Total Loans:		2023		2022		2021		2020		2019		Prior		Total
1-6 Pass	$	126,637	$	202,307	$	153,565	$	119,588	$	61,486	$	222,329	$	885,912
7    Special Mention		58		—		—		—		—		—		58
8    Substandard		—		86		587		3,661		9,452		10,248		24,034
9    Doubtful		—		—		—		—		—		—		—
Unearned discount		—		—		—		—		—		—		—
Net deferred loan fees and costs		265		281		189		136		196		7		1,074
Total Loans	$	126,960	$	202,674	$	154,341	$	123,385	$	71,134	$	232,584	$	911,078
		2023		2022		2021		2020		2019		Prior		Total
Gross Charge Offs:
Real Estate	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Agricultural		—		—		—		—		—		—		—
Commercial and Industrial		—		—		—		—		—		—		—
Consumer		2		23		13		2		4		13		57
State and Political Subdivisions		—		—		—		—		—		—		—
Total Gross Charge Offs	$	2	$	23	$	13	$	2	$	4	$	13	$	57

Loans individually or collectively evaluated for their impairment and related allowance, by loan class

(Dollars in thousands)									State and
	Real				Commercial				Political
	Estate		Agricultural		and Industrial		Consumer		Subdivisions		Total
As of and for the year ended December 31, 2024:
Beginning balance January 1, 2024	$	6,539	$	1	$	265	$	78	$	42	$	6,925
Charge-offs		(345)		—		(524)		(69)		—		(938)
Recoveries		21		—		19		5		—		45
Provision		1,000		1		553		84		2		1,640
Ending Balance	$	7,215	$	2	$	313	$	98	$	44	$	7,672
Ending balance: individually
evaluated for impairment	$	—	$	—	$	—	$	—	$	—	$	—
Ending balance: collectively
evaluated for impairment	$	7,215	$	2	$	313	$	98	$	44	$	7,672
Reserve for Unfunded Lending Commitments	$	85	$	—	$	17	$	—	$	—	$	102
Loans Receivable:
Ending Balance	$	851,801	$	939	$	67,105	$	6,459	$	22,147	$	948,451
Ending balance: individually
evaluated for impairment	$	4,214	$	309	$	—	$	—	$	—	$	4,523
Ending balance: collectively
evaluated for impairment	$	847,587	$	630	$	67,105	$	6,459	$	22,147	$	943,928

(Dollars in thousands)									State and
	Real				Commercial				Political
	Estate		Agricultural		and Industrial		Consumer		Subdivisions		Total
As of and for the year ended December 31, 2023:
Allowance for Credit Losses:
Balance at December 31, 2022	$	7,483	$	6	$	504	$	84	$	197	$	8,274
CECL adoption adjustment		(717)		(4)		(261)		11		(148)		(1,119)
Beginning balance January 1, 2023		6,766		2		243		95		49		7,155
Charge-offs		—		—		—		(57)		—		(57)
Recoveries		37		—		2		5		—		44
(Credit) Provision		(264)		(1)		20		35		(7)		(217)
Ending Balance	$	6,539	$	1	$	265	$	78	$	42	$	6,925
Ending balance: individually
evaluated for impairment	$	—	$	—	$	—	$	—	$	—	$	—
Ending balance: collectively
evaluated for impairment	$	6,539	$	1	$	265	$	78	$	42	$	6,925
Reserve for Unfunded Lending Commitments	$	140	$	—	$	25	$	—	$	1	$	166
Loans Receivable:
Ending Balance	$	811,493	$	671	$	66,909	$	5,824	$	26,181	$	911,078
Ending balance: individually
evaluated for impairment	$	4,005	$	309	$	611	$	—	$	—	$	4,925
Ending balance: collectively
evaluated for impairment	$	807,488	$	362	$	66,298	$	5,824	$	26,181	$	906,153

(Dollars in thousands)
	2024		2023
Balance at January 1	$	166	$	68
CECL adoption adjustment		—		147
Reserve for credit losses on unfunded commitments		(64)		(49)
Balance at December 31	$	102	$	166

Summary of outstanding loan balances by loan class prior to allocation of net deferred fees and costs

(Dollars in thousands)	December 31,		December 31,
	2024		2023
Real Estate	$	851,393	$	810,923
Agricultural		936		670
Commercial and Industrial		66,706		66,483
Consumer		6,390		5,755
State and Political Subdivisions		22,138		26,173
Subtotal		947,563		910,004
Net Deferred Fees and Costs		888		1,074
Allowance for Credit Losses		(7,672)		(6,925)
Loans, Net	$	940,779	$	904,153

Schedule of the outstanding recorded investment of TDRs

(Dollars in thousands)	December 31,
	2024
Modifications of Loans to Borrowers Experiencing Financial Difficulty:
Non-Accrual	$	—
Accruing		10,193
Total	$	10,193

Schedule of the loan modifications categorized as TDRs

(Dollars in thousands)	For the Year Ended December 31, 2024
		Pre-Modification		Post-Modification
		Outstanding		Outstanding
	Number of	Recorded		Recorded		Recorded
	Contracts	Investment		Investment		Investment
Real Estate	3	$	10,009	$	10,009	$	10,019
Commercial and Industrial	1		174		174		174
Total	4	$	10,183	$	10,183	$	10,193

Schedule of loan modifications made for loans categorized as TDRs

	For the Year Ended December 31, 2024
	Rate	Term	Payment	Release of	Number
	Modification	Modification	Modification	Collateral	Modified
Real Estate	—	1	1	1	3
Commercial and Industrial	—	1	—	—	1
Total	—	2	1	1	4

Schedule of average recorded investment and interest income recognized for the Corporation's non-accrual loans

(Dollars in thousands)	December 31, 2024
	Recorded		Recorded				Unpaid		Unpaid
	Investment		Investment				Principal		Principal		Total
	With		With No		Total		Balance With		Balance With		Unpaid
	Related		Related		Recorded		Related		No Related		Principal		Related
	Allowance		Allowance		Investment		Allowance		Allowance		Balance		Allowance
Real Estate	$	—	$	4,214	$	4,214	$	—	$	6,203	$	6,203	$	—
Commercial and Industrial		—		—		—		—		—		—		—
Total	$	—	$	4,214	$	4,214	$	—	$	6,203	$	6,203	$	—

(Dollars in thousands)		December 31, 2023
	Recorded		Recorded				Unpaid		Unpaid
	Investment		Investment				Principal		Principal		Total
	With		With No		Total		Balance With		Balance With		Unpaid
	Related		Related		Recorded		Related		No Related		Principal		Related
	Allowance		Allowance		Investment		Allowance		Allowance		Balance		Allowance
Real Estate	$	—	$	4,005	$	4,005	$	—	$	5,994	$	5,994	$	—
Commercial and Industrial		—		611		611		—		611		611		—
Total	$	—	$	4,616	$	4,616	$	—	$	6,605	$	6,605	$	—

Schedule of average recorded investment and interest income recognized for the corporation's non-accrual loans

(Dollars in thousands)	Year Ended December 31, 2024
	Average		Average				Interest		Interest
	Recorded		Recorded				Income		Income
	Investment		Investment		Total		Recognized		Recognized		Total
	With		With No		Average		With		With No		Interest
	Related		Related		Recorded		Related		Related		Income
	Allowance		Allowance		Investment		Allowance		Allowance		Recognized
Real Estate	$	—	$	3,698	$	3,698	$	—	$	55	$	55
Commercial and Industrial		—		467		467		—		—		—
Total	$	—	$	4,165	$	4,165	$	—	$	55	$	55

(Dollars in thousands)	Year Ended December 31, 2023
	Average		Average				Interest		Interest
	Recorded		Recorded				Income		Income
	Investment		Investment		Total		Recognized		Recognized		Total
	With		With No		Average		With		With No		Interest
	Related		Related		Recorded		Related		Related		Income
	Allowance		Allowance		Investment		Allowance		Allowance		Recognized
Real Estate	$	—	$	4,380	$	4,380	$	—	$	—	$	—
Commercial and Industrial		—		643		643		—		—		—
Total	$	—	$	5,023	$	5,023	$	—	$	—	$	—

Schedule of financial receivables that are collateral-dependent loans

(Dollars in thousands)	December 31, 2024
	Real Estate		Other
Real Estate	$	4,214	$	—
Agricultural		—		309
Commercial and Industrial		—		—
Total	$	4,214	$	309
(Dollars in thousands)	December 31, 2023
	Real Estate		Other
Real Estate	$	4,005	$	—
Agricultural		—		309
Commercial and Industrial		—		611
Total	$	4,005	$	920

Schedule of total non-performing assets

(Dollars in thousands)	December 31,		December 31,
	2024		2023
Real Estate	$	4,214	$	4,005
Agricultural		—		—
Commercial and Industrial		—		611
Consumer		—		—
State and Political Subdivisions		—		—
Total non-accrual loans		4,214		4,616
Foreclosed assets held for resale		—		—
Loans past-due 90 days or more and still accruing interest		756		1,065
Total non-performing assets	$	4,970	$	5,681

Schedule of the classes of the loan portfolio, including non-accrual loans and TDRs, summarized by past-due status

(Dollars in thousands)													90 Days
													Or Greater
													Past Due
					90 Days					Current-			and Still
	30-59 Days		60-89 Days		or Greater		Total			29 Days	Total		Accruing
	Past Due		Past Due		Past Due		Past Due		Past Due		Loans		Interest
December 31, 2024:
Real Estate	$	4,247	$	221	$	4,970	$	9,438	$	842,363	$	851,801	$	756
Agricultural		—		—		—		—		939		939		—
Commercial and Industrial		378		—		—		378		66,727		67,105		—
Consumer		11		2		—		13		6,446		6,459		—
State and Political Subdivisions		—		—		—		—		22,147		22,147		—
Total	$	4,636	$	223	$	4,970	$	9,829	$	938,622	$	948,451	$	756

(Dollars in thousands)													90 Days
													Or Greater
													Past Due
					90 Days					Current-			and Still
	30-59 Days		60-89 Days		or Greater		Total			29 Days	Total		Accruing
	Past Due		Past Due		Past Due		Past Due		Past Due		Loans		Interest
December 31, 2023:
Real Estate	$	2,155	$	379	$	5,069	$	7,603	$	803,890	$	811,493	$	1,065
Agricultural		—		—		—		—		671		671		—
Commercial and Industrial		6		—		591		597		66,312		66,909		—
Consumer		21		4		—		25		5,799		5,824		—
State and Political Subdivisions		—		—		—		—		26,181		26,181		—
Total	$	2,182	$	383	$	5,660	$	8,225	$	902,853	$	911,078	$	1,065