Fair Value of Assets and Liabilities (Tables)

9 Months Ended

Sep. 30, 2020

Fair Value of Assets and Liabilities [Abstract]

Schedule Of Assets Measured At Fair Value On Recurring Basis



			Fair Value Measurements
(dollars in thousands)	Total		(Level 1) ‎Quoted Prices in ‎Active Markets for ‎Identical Assets		(Level 2) ‎Significant Other ‎Observable Inputs		(Level 3) ‎Significant Other ‎Unobservable Inputs
September 30, 2020
Securities available-for-sale:
U.S. Treasury notes	$	5,021	$	5,021	$	0	$	0
U.S. agency		49,996		0		49,996		0
U.S. agency mortgage-backed, residential		116,936		0		116,936		0
State and municipal		21,224		0		21,224		0
Corporate debt		4,619		0		4,619		0

December 31, 2019
Securities available-for-sale:
U.S. Treasury notes	$	9,953	$	9,953	$	0	$	0
U.S. agency		14,923		0		14,923		0
U.S. agency mortgage-backed, residential		108,155		0		108,155		0
State and municipal		26,644		0		26,644		0

Schedule Of Assets Measured At Fair Value On Nonrecurring Basis



			Fair Value Measurements
(dollars in thousands)		Total	(Level 1) ‎Quoted Prices in ‎Active Markets for ‎Identical Assets		(Level 2) ‎Significant Other ‎Observable Inputs		(Level 3) ‎Significant Other ‎Unobservable Inputs
September 30, 2020
Impaired loans	$	2,553	$	0	$	0	$	2,553
Mortgage servicing rights		548		0		0		548

December 31, 2019
Impaired loans	$	11,297	$	0	$	0	$	11,297
Foreclosed real estate		797		0		0		797
Mortgage servicing rights		1,047		0		0		1,047

Schedule Of Level 3 Assets Measured At Fair Value On Nonrecurring Basis



	Quantitative Information about Level 3 Fair Value Measurements
	Fair Value		Valuation	Unobservable		Weighted
(dollars in thousands)	Estimate		Techniques	Input	Range	Average
September 30, 2020
Impaired loans	$	2,553	Appraisal ⁽¹⁾	Appraisal adjustments ⁽²⁾	15% -50%	42%
Mortgage Servicing Rights		548	Multiple of annual service fee	Estimated prepayment speed based on rate and term	17.0% - 20.2%	19.4%

December 31, 2019
Impaired loans	$	5,991	Appraisal ⁽¹⁾	Appraisal adjustments ⁽²⁾	15% - 55%	44%

Impaired loans		5,306	Business asset valuation ⁽³⁾	Business asset valuation adjustments ⁽⁴⁾	10% - 73%	70%
Foreclosed real estate		797	Appraisal ⁽¹⁾	Appraisal adjustments ⁽²⁾	22% - 22%	22%
Mortgage Servicing Rights		1,047	Multiple of annual service fee	Estimated prepayment speed based on rate and term	7.9% - 8.9%	8.7%

(1)Fair value is generally determined through independent appraisals, which generally include various level 3 inputs that are not identifiable.

(2)Appraisal amounts may be adjusted downward by the Corporation's management for qualitative factors such as economic conditions and estimated liquidation expenses. The range of liquidation expense adjustments are presented as a percent of the appraisal.

(3)Fair value is generally determined through customer-provided financial statements and bankruptcy court documents.

(4)Business asset valuation may be adjusted downward by the corporation's management qualitative factors such as economic conditions and estimated liquidation expenses. The range of liquidation expenses adjustments are presented as a percent of the financial statement book value.

Schedule Of Carrying Amounts And Estimated Fair Values Of Financial Instruments



						Fair Value Estimates
					(Level 1)		(Level 2)		(Level 3)
					Quoted Prices		Significant		Significant
					in Active		Other		Other
	Carrying		Estimated		Markets for		Observable		Unobservable
(dollars in thousands)	Amount		Fair Value		Identical Assets		Inputs		Inputs
September 30, 2020
Financial assets
Cash and cash equivalents	$	241,509	$	241,509	$	241,509	$	0	$	0
Securities available-for-sale		197,796		197,796		5,021		192,775		0
Loans held for sale		13,817		14,854		0		14,854		0
Loans, net		1,554,102		1,559,318		0		0		1,559,318
Interest receivable		8,123		8,123		0		8,123		0

Financial liabilities
Deposits	$	1,845,873	$	1,851,955	$	0	$	1,851,955	$	0
Short-term borrowings		9,309		9,309		0		9,309		0
Long-term debt (1)		45,310		42,702		0		35,754		6,948
Interest payable		568		568		0		568		0

Off-balance sheet instruments		0		0		0		0		0

December 31, 2019
Financial assets
Cash and cash equivalents	$	131,591	$	131,591	$	131,591	$	0	$	0
Securities available-for-sale		159,675		159,675		9,953		149,722		0
Restricted investment in bank stocks		4,551		4,551		0		4,551		0
Loans held for sale		11,803		12,460		0		12,460		0
Loans, net		1,484,069		1,472,772		0		0		1,472,772
Interest receivable		5,016		5,016		0		5,016		0

Financial liabilities
Deposits	$	1,590,564	$	1,582,179	$	0	$	1,582,179	$	0
Short-term borrowings		7,925		7,925		0		7,925		0
Long-term debt (1)		80,310		79,579		0		70,486		9,093
Interest payable		842		842		0		842		0

Off-balance sheet instruments		0		0		0		0		0

(1) Exclude leases included in Long-term debt