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Securities (Tables)
 12 Months Ended
Dec. 31, 2023
Securities [Abstract]  
Amortized Cost and Fair Value of Securities Available-for-sale

The following table summarizes the amortized cost and fair value of securities available for sale and securities held to maturity at December 31, 2023 and 2022, and the corresponding amounts of gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) and gross unrecognized gains and losses:

 
Amortized
Cost
    
Gross Unrealized
Gains
    
Gross Unrealized
Losses
    
Estimated
Fair Value
  
Securities Available for Sale
                        
December 31, 2023
                        
U.S. Government securities
   $ 52,174     $ —     $ (1,877 )   $ 50,297  
U.S. Government sponsored entity securities
    
6,527
      
—
      
(650
)
    
5,877
  
Agency mortgage-backed securities, residential
    
118,218
      
—
      
(12,134
)
    
106,084
  
Total securities
  
$
176,919
    
$
—
    
$
(14,661
)
  
$
162,258
  
                                 
December 31, 2022
                                
U.S. Government securities
   $ 57,698     $ —     $ (2,906 )   $ 54,792  
U.S. Government sponsored entity securities
    
8,845
      
—
      
(862
)
    
7,983
  
Agency mortgage-backed securities, residential
    
136,282
      
—
      
(14,983
)
    
121,299
  
Total securities
  
$
202,825
    
$
—
    
$
(18,751
)
  
$
184,074
  
Amortized Cost and Fair Value of Securities Held-to-maturity
   
Amortized
Cost
    
Gross Unrecognized
Gains
    
Gross Unrecognized
Losses
    
Estimated
Fair Value
    
Allowance for Credit
Losses
  
Securities Held to Maturity
                              
December 31, 2023
                              
Obligations of states and political subdivisions
  
$
7,987
    
$
17
    
$
(615
)
  
$
7,389
     $ (2 )
Agency mortgage-backed securities, residential
    
1
      
—
      
—
      
1
       —  
Total securities
  
$
7,988
    
$
17
    
$
(615
)
  
$
7,390
     $
 (2 )
                                         
December 31, 2022
                                        
Obligations of states and political subdivisions
  
$
9,225
    
$
32
    
$
(798
)
  
$
8,459
          
Agency mortgage-backed securities, residential
    
1
      
—
      
—
      
1
          
Total securities
  
$
9,226
    
$
32
    
$
(798
)
  
$
8,460
          
Amortized Cost and Fair Value of Securities by Contractual Maturity Securities not due at a single maturity are shown separately.

   
Available for Sale
    
Held to Maturity
  
Debt Securities:
  
Amortized
Cost
    
Estimated
Fair
Value
    
Amortized
Cost
    
Estimated
Fair
Value
  
Due in one year or less
  
$
17,424
    
$
17,257
    
$
397
    
$
392
  
Due in one to five years
    
41,277
      
38,917
      
3,974
      
3,780
  
Due in five to ten years
    
—
      
—
      
1,490
      
1,297
  
Due after ten years
     —       —       2,126       1,920  
Agency mortgage-backed securities, residential
    
118,218
      
106,084
      
1
      
1
  
Total debt securities
  
$
176,919
    
$
162,258
    
$
7,988
    
$
7,390
  
Securities with Unrealized Losses in Continuous Unrealized Loss Position

The following table summarizes debt securities available for sale in an unrealized loss position for which an ACL has not been recorded at December 31, 2023 and December 31, 2022, aggregated by major security type and length of time in a continuous unrealized loss position:
December 31, 2023
  
Less than 12 Months
    
12 Months or More
    
Total
  
Securities Available for Sale
  
Fair
Value
    
Unrealized
Loss
    
Fair
Value
    
Unrealized
Loss
    
Fair
Value
    
Unrealized
Loss
  
U.S. Government securities
   $ 9,474     $ (52 )   $ 40,823     $ (1,825 )   $ 50,297     $ (1,877 )
U.S. Government sponsored entity securities
     —       —     5,877       (650 )     5,877       (650 )
Agency mortgage-backed securities, residential
    
—
      
—
   
106,084
      
(12,134
)
    
106,084
      
(12,134
)
Total available for sale
  
$
9,474
    
$
(52
)
  
$
152,784
    
$
(14,609
)
  
$
162,258
    
$
(14,661
)

December 31, 2022
  
Less than 12 Months
    
12 Months or More
    
Total
  
Securities Available for Sale
  
Fair
Value
    
Unrealized
Loss
    
Fair
Value
    
Unrealized
Loss
    
Fair
Value
    
Unrealized
Loss
  
U.S. Government securities
   $ 36,460     $ (977 )   $ 18,332     $ (1,929 )   $ 54,792     $ (2,906 )
U.S. Government sponsored entity securities
     2,786       (60 )     5,197       (802 )     7,983       (862 )
Agency mortgage-backed securities, residential
    
71,510
      
(7,178
)
    
49,789
      
(7,805
)
    
121,299
      
(14,983
)
Total available for sale
  
$
110,756
    
$
(8,215
)
  
$
73,318
    
$
(10,536
)
  
$
184,074
    
$
(18,751
)
Allowance for Credit Losses for Held to Maturity Debt Securities

The following table presents the activity in the ACL for held to maturity debt securities for the year ended December 31, 2023:


Held to Maturity Debt Securities
  
2023
  
Allowance for credit losses:
      
    Beginning balance
  
$
—
  
    Impact of adopting ASC 326
    
3
  
    Provision for (recovery of) credit loss expense
    
(1
)
Allowance for credit losses ending balance
  
$
2