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Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2024
Fair Value Measurements [Abstract]  
Assets and Liabilities Measured at Fair Value on Recurring Basis
The following tables present the balances of certain assets measured at fair value on a recurring basis as of the dates indicated:

         
Fair Value Measurements at December 31, 2024 Using
  
(dollars in thousands)
  
Balance
    
Level 1
    
Level 2
    
Level 3
  
Assets:                        
Available-for-sale securities
                        
U.S. Treasury securities
  
$
3,917
    
$
-
    
$
3,917
    
$
-
  
Obligations of  U.S. Government agencies
    
41,291
      
-
      
41,291
      
-
  
Obligations of state and political subdivisions
    
49,635
      
-
      
49,635
      
-
  
Mortgage-backed securities
    
94,838
      
-
      
94,838
      
-
  
Corporate bonds and other securities
    
28,402
      
-
      
28,402
      
-
  
Total available-for-sale securities
    
218,083
      
-
      
218,083
      
-
  
Derivatives
                               
Interest rate swap on loans
    1,603       -       1,603       -  
Total assets   $ 219,686     $ -     $ 219,686     $ -  
                                 
Liabilities:                                
Derivatives                                
Interest rate swap on loans
    1,603       -       1,603       -  
Total liabilities   $ 1,603     $ -     $ 1,603     $ -  

         
Fair Value Measurements at December 31, 2023 Using
  
(dollars in thousands)
  
Balance
    
Level 1
    
Level 2
    
Level 3
  
Available-for-sale securities
                        
U.S. Treasury securities
   $ 3,857     $ -     $ 3,857     $ -  
Obligations of  U.S. Government agencies
     42,735       -       42,735       -  
Obligations of state and political subdivisions
     50,597       -       50,597       -  
Mortgage-backed securities
     81,307       -       81,307       -  
Corporate bonds and other securities
     23,735       -       23,735       -  
Total available-for-sale securities
   $ 202,231     $ -     $ 202,231     $ -  
Derivatives
                                
Interest rate lock
     10       -       10       -  
Interest rate swap on loans
     1,249       -       1,249       -  
Total assets
   $ 203,490     $ -     $ 203,490     $ -  
                                 
Liabilities:                                
Derivatives                                
Interest rate swap on loans
     1,249       -       1,249       -  
Total liabilities
   $ 1,249     $ -     $ 1,249     $ -  
Assets Measured at Fair Value on Nonrecurring Basis
The following tables present the assets carried on the Consolidated Balance Sheets for which a nonrecurring change in fair value has been recorded. Assets are shown by class of loan and by level in the fair value hierarchy, as of the dates indicated. As of December 31, 2024, there were no loans held for sale that were measured at fair value.

         
Carrying Value at December 31, 2023
  
(dollars in thousands)
  
Fair Value
    
Level 1
    
Level 2
    
Level 3
  
Loans
                        
Loans held for sale
  
$
470
    
$
-
    
$
470
    
$
-
  
Repossessed Assets Measured at Fair Value on a Nonrecurring Basis
The following tables summarize the Company’s repossessed assets measured at fair value on a nonrecurring basis as of the dates indicated:

     
Carrying Value at December 31, 2024
  
(dollars in thousands)
Fair Value
  
Level 1
  
Level 2
  
Level 3
  
Repossessed assets
  
$
1,972
    
$
-
    
$
-
    
$
1,972
  
                                 
         
Carrying Value at December 31, 2023
  
(dollars in thousands)
Fair Value
  
Level 1
  
Level 2
  
Level 3
  
Repossessed assets
   $ 215    
$
-
    
$
-
     $ 215  
Fair Value Inputs, Assets, Quantitative Information
The following tables display quantitative information about Level 3 Fair Value Measurements as of the dates indicated:

     
Quantitative Information About Level 3 Fair Value Measurements
  
(dollars in thousands)
Fair Value at
December 31,
2024
  
Valuation Techniques
Unobservable Input
Range (Weighted Average)
  
Repossessed assets
            
Repossessed assets
   $ 1,972  
 Market comparables
 Selling costs
     10.00% - 20.00% (15.00 %)

     
Quantitative Information About Level 3 Fair Value Measurements
  
(dollars in thousands)
Fair Value at
December 31,
2023
  
Valuation Techniques
Unobservable Input
Range (Weighted Average)
  
Repossessed assets
            
Repossessed assets
   $ 215  
 Market comparables
 Selling costs
     10.00% - 20.00% (15.00 %)
Estimated Fair Values and Related Carrying or Notional Amounts of Financial Instruments
The following tables reflect the carrying amounts and estimated fair values of the Company’s financial instruments whether or not recognized on the Consolidated Balance Sheets at fair value.

         
Fair Value Measurements at December 31, 2024 Using
  
(dollars in thousands)  
Carrying Value
    
Level 1
    
Level 2
     Level 3  
Assets
                        
Cash and cash equivalents
  
$
140,044
    
$
140,044
    
$
-
    
$
-
  
Securities available-for-sale
    
218,083
      
-
      
218,083
      
-
  
Restricted securities
    
3,918
      
-
      
3,918
      
-
  
Loans, net
    
1,010,160
      
-
      
-
      
968,452
  
Interest rate swap on loans
     1,603       -       1,603       -  
Bank owned life insurance
    
36,182
      
-
      
36,182
      
-
  
Accrued interest receivable
    
4,670
      
-
      
4,670
      
-
  
                                 
Liabilities
                                
Deposits
  
$
1,254,914
    
$
-
    
$
1,253,926
    
$
-
  
Short-term borrowings
    
3,967
      
-
      
3,967
      
-
  
Federal Home Loan Bank advances
     40,000       -       39,418       -  
Long term borrowings
    
29,799
      
-
      
26,622
      
-
  
Interest rate swap on loans
     1,603       -       1,603       -  
Accrued interest payable
    
2,085
      
-
      
2,085
      
-
  

         
Fair Value Measurements at December 31, 2023 Using
  
(dollars in thousands)
  
Carrying Value
    
Level 1
    
Level 2
     Level 3  
Assets
                        
Cash and cash equivalents
  
$
80,806
    
$
80,806
    
$
-
    
$
-
  
Securities available-for-sale
    
202,231
      
-
      
202,231
      
-
  
Restricted securities
    
5,176
      
-
      
5,176
      
-
  
Loans held for sale
    
470
      
-
      
470
      
-
  
Loans, net
     1,080,252       -       -       1,037,828  
Interest rate lock
     10       -       10       -  
Interest rate swap on loans
     1,249       -       1,249       -  
Bank owned life insurance
    
35,088
      
-
      
35,088
      
-
  
Accrued interest receivable
    
4,921
      
-
      
4,921
      
-
  
                                 
Liabilities
                                
Deposits
  
$
1,230,397
    
$
-
    
$
1,228,477
    
$
-
  
Short-term borrowings
     2,383       -       2,383       -  
Federal Home Loan Bank advances
    
69,450
      
-
      
69,450
      
-
  
Long term borrowings
    
29,668
      
-
      
25,561
      
-
  
Interest rate swap on loans
     1,249       -       1,249       -  
Accrued interest payable
     1,972       -       1,972       -