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FAIR VALUE - Estimated fair values of the Company's financial instruments (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
Financial assets: Carrying Amount      
Cash and due from banks $ 9,091 $ 1,940  
Interest-bearing deposits in other financial institutions 33,305 12,189  
Federal funds sold 232 1,112  
Investment securities available for sale 128,727 139,427  
Investments in restricted stock 246 1,217  
Ground rents 127 130  
Loans, less allowance for credit losses 175,915 174,150 $ 174,150
Loans, less allowance for credit losses, fair value 164,874 161,802  
Accrued interest receivable 1,281 1,192  
Cash value of life insurance 8,700 8,657  
Financial liabilities: Carrying Amount      
Deposits 309,231 300,067  
Short-term borrowings 40,000 30,000  
Accrued interest payable 586 366  
Unrecognized financial instruments: Carrying Amount      
Commitments to extend credit 34,569 33,162  
Standby letters of credit 45 45  
Financial Assets: Fair Value      
Cash and due from banks 9,091 1,940  
Interest-bearing deposits in other financial institutions 33,305 12,189  
Federal funds sold 232 1,112  
Investment securities available for sale 128,727 139,427  
Ground rents 127 130  
Loans, less allowance for credit losses, fair value 164,874 161,802  
Accrued interest receivable 1,281 1,192  
Cash value of life insurance 8,700 8,657  
Financial liabilities: Fair Value      
Deposits 246,601 252,707  
Short-term borrowings 40,000    
Accrued interest payable 586 366  
Unrecognized financial instruments: Fair Value      
Commitments to extend credit 34,569 33,162  
Standby letters of credit $ 45 $ 45