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Fair Value (Tables)
 12 Months Ended
Dec. 31, 2022
Fair Value [Abstract]  
Assets And Liabilities Measured At Fair Value On A Recurring Basis, Including Financial Assets And Liabilities

Fair Value Measurements at December 31, 2022 Using Significant Other Observable Inputs

(Level 2)

Financial Assets:

Securities available for sale:

Corporate debt

$

7,500

Issued by U.S. government-sponsored entities and agencies:

U.S. Treasury

2,925

Mortgage-backed securities - residential

17

Total securities available for sale

$

10,442

Loans held for sale

$

580

Derivative assets

$

4,233

Financial Liabilities:

Derivative liabilities

$

4,233

Fair Value Measurements at December 31, 2021 Using Significant Other Observable Inputs

(Level 2)

Financial Assets:

Securities available for sale:

Corporate debt

$

9,750

Issued by U.S. government-sponsored entities and agencies:

U.S. Treasury

6,561

Mortgage-backed securities - residential

36

Total securities available for sale

$

16,347

Loans held for sale

$

27,988

Derivative assets

$

538

Interest rate lock commitments

$

555

Financial Liabilities:

Derivative liabilities

$

538

TBA mortgage-backed securities

$

73
Assets Measured At Fair Value On A Non-Recurring Basis

Fair Value Measurements at December 31, 2022 Using

Significant Unobservable Inputs (Level 3)

Impaired loans:

Commercial

$

80

Other assets held for sale

$

1,930
Financial Instruments Measured At Fair Value On A Non-Recurring Basis

Fair Value

Valuation Technique(s)

Unobservable Inputs

(Range) Weighted Average

Impaired loans:

Commercial

$

80 

Comparable sales approach

Adjustment for differences between the stated value and net realizable value

64.00%

Other assets held for sale

$

1,930 

Contract value less costs to sell

Sales commission

4.00%
Aggregate Fair Value, Contractual Balance And Gain Or Loss

December 31, 2022

December 31, 2021

Aggregate fair value

$

580

$

27,988

Contractual balance

580

27,632

Gain

-  

356
Total Amount Of Gains And Losses From Changes In Fair Value Included In Earnings

2022

2021

2020

Interest income

$

172

$

5,572

$

6,231

Interest expense

-  

-  

-  

Change in fair value

(356)

(8,408)

7,046

Total change in fair value

$

(184)

$

(2,836)

$

13,277
Carrying Amounts And Estimated Fair Values Of Financial Instruments The carrying amounts and estimated fair values of financial instruments at year-end 2022 were as follows:

Fair Value Measurements at December 31, 2022 Using:

Carrying

Value

Level 1

Level 2

Level 3

Total

Financial assets

Cash and cash equivalents

$

151,787

$

151,787

$

-  

$

-  

$

151,787

Interest-bearing deposits in other financial institutions

100

100

-  

-  

100

Securities available for sale

10,442

-  

10,442

-  

10,442

Equity securities

5,000

-  

5,000

-  

5,000

Loans held for sale

580

-  

580

-  

580

Loans and leases, net

1,572,255

-  

-  

1,542,796

1,542,796

FHLB and FRB stock

7,942

n/a

n/a

n/a

n/a

Accrued interest receivable

8,067

70

176

7,821

8,067

Other assets held for sale

1,930

-  

-  

1,930

1,930

Derivative assets

4,233

-  

4,233

-  

4,233

Financial liabilities

Deposits

$

(1,527,922)

$

(969,797)

$

(545,871)

$

-  

$

(1,515,668)

FHLB advances and other debt

(109,461)

-  

(105,715)

-  

(105,715)

Advances by borrowers for taxes and insurance

(3,513)

-  

-  

(3,513)

(3,513)

Subordinated debentures

(14,922)

-  

(14,621)

-  

(14,621)

Accrued interest payable

(840)

-  

(840)

-  

(840)

Derivative liabilities

(4,233)

-  

(4,233)

-  

(4,233)

The carrying amounts and estimated fair values of financial instruments at year-end 2021 were as follows:

Fair Value Measurements at December 31, 2021 Using:

Carrying

Value

Level 1

Level 2

Level 3

Total

Financial assets

Cash and cash equivalents

$

166,591

$

166,591

$

-  

$

-  

$

166,591

Interest-bearing deposits in other financial institutions

100

100

-  

-  

100

Securities available for sale

16,347

-  

16,347

-  

16,347

Equity securities

5,000

-  

5,000

-  

5,000

Loans held for sale

27,988

-  

27,988

-  

27,988

Loans and leases, net

1,214,149

-  

-  

1,231,228

1,231,228

FHLB and FRB stock

7,315

n/a

n/a

n/a

n/a

Accrued interest receivable

4,143

2

91

3,947

4,040

Yield maintenance provisions (embedded derivatives)

538

-  

538

-  

538

Interest rate lock commitments

555

-  

555

-  

555

Financial liabilities

Deposits

$

(1,246,352)

$

(661,818)

$

(585,214)

$

-  

$

(1,247,032)

FHLB advances and other debt

(89,727)

-  

(90,670)

-  

(90,670)

Advances by borrowers for taxes and insurance

(2,752)

-  

-  

(2,752)

(2,752)

Subordinated debentures

(14,883)

-  

(16,051)

-  

(16,051)

Accrued interest payable

(228)

-  

(228)

-  

(228)

Derivative liabilities

(538)

-  

(538)

-  

(538)

TBA mortgage-backed securities

(73)

-  

(73)

-  

(73)