XML 49 R39.htm IDEA: XBRL DOCUMENT v3.24.2.u1
FAIR VALUE - Estimated fair values of the Company's financial instruments (Details) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Financial assets: Carrying Amount    
Cash and due from banks $ 1,804 $ 1,940
Interest-bearing deposits in other financial institutions 13,909 12,189
Federal funds sold 1,073 1,112
Investment securities available for sale 117,180 139,427
Investments in restricted stock 246 1,217
Ground rents 127 130
Loans, less allowance for credit losses 198,875 174,150
Loans, less allowance for credit losses, fair value 185,127 161,802
Accrued interest receivable 1,358 1,192
Cash value of life insurance 8,744 8,657
Financial liabilities: Carrying Amount    
Deposits 305,866 300,067
Short-term borrowings 30,000 30,000
Accrued interest payable 583 366
Unrecognized financial instruments: Carrying Amount    
Commitments to extend credit 39,303 33,162
Standby letters of credit 255 45
Financial Assets: Fair Value    
Cash and due from banks 1,804 1,940
Interest-bearing deposits in other financial institutions 13,909 12,189
Federal funds sold 1,073 1,112
Investment securities available for sale 117,180 139,427
Ground rents 127 130
Loans, less allowance for credit losses, fair value 185,127 161,802
Accrued interest receivable 1,358 1,192
Cash value of life insurance 8,744 8,657
Financial liabilities: Fair Value    
Deposits 255,197 252,707
Short-term borrowings 30,074 30,000
Accrued interest payable 583 366
Unrecognized financial instruments: Fair Value    
Commitments to extend credit 39,303 33,162
Standby letters of credit $ 255 $ 45