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Securities (Tables)
 12 Months Ended
Dec. 31, 2023
Securities [Abstract]  
Amortized Cost and Fair Value, with Gross Unrealized Gains and Losses of Securities Available-for-Sale
The amortized cost and fair value, with gross unrealized gains and losses, of securities available-for-sale as of the dates indicated were as follows:

   
December 31, 2023
  
         
Gross
    
Gross
        
   
Amortized
    
Unrealized
    
Unrealized
    
Fair
  
(dollars in thousands)
  
Cost
    
Gains
    
(Losses)
    
Value
  
U.S. Treasury securities
  
$
4,068
    
$
-
    
$
(211
)
  
$
3,857
  
Obligations of U.S. Government agencies
    
43,233
      
167
      
(665
)
    
42,735
  
Obligations of state and political subdivisions
    
58,292
      
13
      
(7,708
)
    
50,597
  
Mortgage-backed securities
    
91,328
      
84
      
(10,105
)
    
81,307
  
Money market investments
    
2,047
      
-
      
-
      
2,047
  
Corporate bonds and other securities
    
27,500
      
-
      
(3,765
)
    
23,735
  
   
$
226,468
    
$
264
    
$
(22,454
)
  
$
204,278
  

   
December 31, 2022
  
         
Gross
    
Gross
        
   
Amortized
    
Unrealized
    
Unrealized
    
Fair
  
(dollars in thousands)
  
Cost
    
Gains
    
(Losses)
    
Value
  
U.S. Treasury securities
  
$
8,013
    
$
-
    
$
(342
)
  
$
7,671
  
Obligations of U.S. Government agencies
    
43,622
      
10
      
(1,233
)
    
42,399
  
Obligations of state and political subdivisions
    
70,491
      
-
      
(11,107
)
    
59,384
  
Mortgage-backed securities
    
99,874
      
-
      
(10,961
)
    
88,913
  
Money market investments
    
1,816
      
-
      
-
      
1,816
  
Corporate bonds and other securities
    
27,990
      
-
      
(2,655
)
    
25,335
  
   
$
251,806
    
$
10
    
$
(26,298
)
  
$
225,518
  
Amortized Cost and Fair Value of Securities by Contractual Maturity
The amortized cost and fair value of securities by contractual maturity are shown below.

   
December 31, 2023
  
   
Amortized
    
Fair
  
(dollars in thousands)
  
Cost
    
Value
  
Due in one year or less
  
$
1,570
    
$
1,541
  
Due after one year through five years
    
12,962
      
12,178
  
Due after five through ten years
    
63,248
      
54,806
  
Due after ten years
    
146,641
      
133,706
  
Other securities, restricted
    
2,047
      
2,047
  
   
$
226,468
    
$
204,278
  
Net Realized Gains and Losses on Sale of Investments
The following table shows realized gains and losses on the sale of investment securities sold during the years ended December 31, 2023 and 2022:

  Years Ended
 
 
December 31,
  
(dollars in thousands)
2023
  
2022
  
Realized gains on sales of securities
   $ 1,061     $ -  
Realized losses on sales of securities
    
(1,195
)
    
(1,870
)
Net realized loss
  
$
(134
)
  
$
(1,870
)
Available-for-Sale Securities, Unrealized Loss Position
Securities in an unrealized loss position at December 31, 2023, by duration of the period of unrealized loss, are shown below.

   
December 31, 2023
        
   
Less than 12 months
    
12 months or more
    
Total
        
   
Gross
          
Gross
          
Gross
           Number  
   
Unrealized
    
Fair
    
Unrealized
    
Fair
    
Unrealized
    
Fair
     of  
(dollars in thousands)
  
Losses
    
Value
    
Losses
    
Value
    
Losses
    
Value
     Securities  
U.S. Treasury securities
   $ -     $ -     $ 211     $ 3,857     $ 211     $ 3,857    
1  
Obligations of U.S. Government agencies
    
91
      
8,803
      
574
      
22,817
      
665
      
31,620
       43  
Obligations of state and political subdivisions
     -       -       7,708       49,597       7,708       49,597       43  
Mortgage-backed securities
    
96
      
4,423
      
10,009
      
73,347
      
10,105
      
77,770
       40  
Corporate bonds and other securities
    
-
      
-
      
3,765
      
22,735
      
3,765
      
22,735
       23  
Total securities available-for-sale
  
$
187
    
$
13,226
    
$
22,267
    
$
172,353
    
$
22,454
    
$
185,579
       150  

Securities in an unrealized loss position at December 31,2022, by duration of the period of unrealized loss, are shown below.

   
December 31, 2022
        
   
Less than 12 months
    
12 months or more
    
Total
        
   
Gross
          
Gross
          
Gross
           Number  
   
Unrealized
    
Fair
    
Unrealized
    
Fair
    
Unrealized
    
Fair
     of  
(dollars in thousands)
  
Losses
    
Value
    
Losses
    
Value
    
Losses
    
Value
     Securities
 
U.S. Treasury securities   $ 342     $ 7,671     $ -     $ -     $ 342     $ 7,671       4  
Obligations of U.S. Government agencies     258       13,873       975       22,851       1,233       36,724       43  
Obligations of state and political subdivisions
    
5,386
      
33,720
      
5,721
      
23,856
      
11,107
      
57,576
       56  
Mortgage-backed securities
    
4,157
      
52,717
      
6,804
      
36,196
      
10,961
      
88,913
       38  
Corporate bonds and other securities
    
1,084
      
12,906
      
1,571
      
11,429
      
2,655
      
24,335
       21  
Total securities available-for-sale
  
$
11,227
    
$
120,887
    
$
15,071
    
$
94,332
    
$
26,298
    
$
215,219
       162