Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2023

Fair Value Measurements

Schedule of fair value measurements on a recurring and non-recurring basis

							Fair
(dollars in thousands)	Level 1		Level 2		Level 3		Value
December 31, 2023
Recurring:
Securities available for sale
U.S. Treasury	$	6,945	$	—	$	—	$	6,945
State and Municipal		—		33,729		—		33,729
Mortgaged-backed		531		96,938		—		97,469
Corporate securities		—		1,284		—		1,284
Non-recurring:
Impaired loans		—		—		398		398
	$	7,476	$	131,951	$	398	$	139,825
December 31, 2022
Recurring:
Securities available for sale
U.S. Treasury
State and Municipal		—	$	6,783	$	—	$	6,783
Mortgaged-backed		—		32,297		—		32,297
Corporate securities		—		103,728		—		103,728
Interest rate swap		—		1,325		—		1,325
Non-recurring:
Impaired loans		—		—		330		330
	$	—	$	144,133	$	330	$	144,463