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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2023
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets Measured on Recurring Basis
The following table summarizes financial assets measured at fair value on a recurring basis as of December 31, 2023 and 2022, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value:

(in thousands)December 31, 2023December 31, 2022
Available for Sale Securities Fair Value Measurements Using:  
Level 1: Quoted Prices in Active Markets For Identical Assets$49,830 $98,466 
Level 2: Significant Other Observable Inputs23,172 21,890 
Level 3: Significant Unobservable Inputs10,483 11,102 
Securities available for sale measured at fair value$83,485 $131,458 
Schedule of Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation
The following table reconciles assets measured at fair value on a recurring basis using unobservable inputs (Level 3):

Level 3 Changes
(in thousands)December 31, 2023December 31, 2022
Balance, beginning of year$11,102 $12,305 
Total gains or losses (realized/unrealized):
Included in earnings— — 
Included in other comprehensive income(38)(676)
Purchases, sales, issuances and settlements, net(581)(527)
Transfers in and/or out of Level 3— — 
Balance as of end of year$10,483 $11,102 
Schedule of Fair Value Measurements, Nonrecurring
The following table measures financial assets and financial liabilities measured at fair value on a non-recurring basis as of December 31, 2023 and December 31, 2022, segregated by the level of valuation inputs within the fair value hierarchy utilized to measure fair value:

(in thousands)At December 31, 2023At December 31, 2022
Fair Value Measurements Using: Loan Individually Evaluated for Impairment  
Level 1: Quoted Prices in Active Markets For Identical Assets$— $— 
Level 2: Significant Other Observable Inputs— — 
Level 3: Significant Unobservable Inputs8,083 2,251 
Impaired loans measured at fair value$8,083 $2,251 
Fair Value Measurements Using: Other Real Estate Owned  
Level 1: Quoted Prices in Active Markets For Identical Assets$— $— 
Level 2: Significant Other Observable Inputs1,250 — 
Level 3: Significant Unobservable Inputs— 113 
Other real estate owned measured at fair value$1,250 $113