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Fair Value of Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2021
Investments, All Other Investments [Abstract]  
Fair Value, by Balance Sheet Grouping
The Company’s estimated fair values of financial instruments are presented in the following tables.
December 31, 2021Carrying AmountFair ValueFair Value Measurements
Description of Asset (dollars in thousands)
Level 1Level 2Level 3
Assets     
Investment securities - AFS$497,839 $497,839 $— $497,839 $— 
Equity securities carried at fair value through income4,772 4,772 — 4,772 — 
Non-marketable equity securities in other financial institutions207 207 — 207 — 
FHLB Stock1,472 1,472 — 1,472 — 
Net loans receivable1,586,791 1,578,032 — — 1,578,032 
Accrued Interest Receivable5,588 5,588 — 5,588 — 
Investment in BOLI38,932 38,932 — 38,932 — 
Mortgage Banking Derivatives28 28 — — 28 
Liabilities
Savings, NOW and money market accounts$1,728,743 $1,728,743 $— $1,728,743 $— 
Time deposits327,421 328,083 — 328,083 — 
Long-term debt12,231 12,391 — 12,391 — 
TRUPs12,000 11,589 — 11,589 — 
Subordinated notes19,510 20,979 — 20,979 — 
December 31, 2020Carrying AmountFair ValueFair Value Measurements
Description of Asset (dollars in thousands)
Level 1Level 2Level 3
Assets
Investment securities - AFS$246,105 $246,105 $— $246,105 $— 
Equity securities carried at fair value through income4,855 4,855 — 4,855 — 
Non-marketable equity securities in other financial institutions207 207 — 207 — 
FHLB Stock2,777 2,777 — 2,777 — 
Net loans receivable1,594,075 1,581,922 — — 1,581,922 
Accrued Interest Receivable8,717 8,717 — 8,717 — 
Investment in BOLI38,061 38,061 — 38,061 — 
Liabilities
Savings, NOW and money market accounts$1,391,746 $1,391,746 $— $1,391,746 $— 
Time deposits353,856 355,478 — 355,478 — 
Long-term debt27,302 27,805 — 27,805 — 
TRUPs12,000 9,444 — 9,444 — 
Subordinated notes19,526 20,106 — 20,106 —