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Fair Value Measurements And Fair Values Of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2021
Fair Value Measurements And Fair Values Of Financial Instruments [Abstract]  
Schedule Of Fair Value, Assets And Liabilities Measured On Recurring Basis (Dollars in Thousands Fair Value at December 31, 2021Asset Description Level 1 Level 2 Level 3 TotalEquity securities, at fair value $ 481 $ — $ — $ 481 Available for sale: U.S. Government and Agency securities 84,286 9,474 — 93,760 Municipal securities — 212,227 — 212,227 Corporate Securities — 24,939 — 24,939 Agency mortgage-backed securities — 122,669 — 122,669 Non-Agency mortgage-backed securities — 30,666 — 30,666 Asset-backed securities — 45,550 — 45,550Total assets $ 84,767 $ 445,525 $ — $ 530,292 (Dollars in Thousands) Fair Value at December 31, 2020Asset Description Level 1 Level 2 Level 3 TotalEquity securities, at fair value $ 391 $ — $ — $ 391 Available for sale: U.S. Government and Agency securities — 12,574 — 12,574 Municipal securities — 247,054 — 247,054 Corporate Securities — 20,288 — 20,288 Agency mortgage-backed securities — 72,241 — 72,241 Non-Agency mortgage-backed securities — 8,453 — 8,453 Asset-backed securities — 36,330 — 36,330Total assets $ 391 $ 396,940 $ — $ 397,331
Schedule Of Fair Value On A Nonrecurring Basis (Dollars in Thousands) Fair Value at December 31, 2021Asset Description Level 1 Level 2 Level 3 TotalImpaired Loans (1) $ — $ — $ 4,880 $ 4,880Total assets $ — $ — $ 4,880 $ 4,880 (Dollars in Thousands) Fair Value at December 31, 2020Asset Description Level 1 Level 2 Level 3 TotalImpaired Loans (1) $ — $ — $ 5,474 $ 5,474Total assets — $ — $ 5,474 $ 5,474 (1) Includes assets directly charged down to fair value during the year-to-date period or those for which a specific reserve has been established.
Fair Value Inputs, Assets, Quantitative Information (Dollars in Thousands) Quantitative Information about Level 3 Fair Value Measurements RangeDecember 31, 2021 Fair Value Valuation Technique Unobservable Input (Weighted Average)Impaired Loans $ 4,880 Appraisal Appraisal Adjustment on Real estate assets 20% (20%) Non-real estate assets 50% - 100% (83%) Cost to sell 8% RangeDecember 31, 2020 Fair Value Valuation Technique Unobservable Input (Weighted Average)Impaired Loans $ 5,474 Appraisal Appraisal Adjustment on Non-real estate assets 0% - 100% (66%)
Fair Value, By Balance Sheet Grouping December 31, 2021 Carrying Fair (Dollars in thousands)Amount Value Level 1 Level 2 Level 3Financial assets, carried at cost: Cash and cash equivalents$ 175,149 $ 175,149 $ 175,149 $ — $ —Long-term interest-bearing deposits in other banks 10,492 10,492 10,492 Loans held for sale 2,827 2,940 — 2,940 —Net loans 983,746 1,003,580 — — 1,003,580Accrued interest receivable 5,217 5,217 — — 5,217 Financial liabilities: Deposits$ 1,584,359 $ 1,616,128 $ — $ 1,616,128 $ —Subordinate notes 19,588 19,909 — 19,909 —Accrued interest payable 83 83 — 83 — December 31, 2020 Carrying Fair (Dollars in thousands)Amount Value Level 1 Level 2 Level 3Financial assets, carried at cost: Cash and cash equivalents$ 57,146 $ 57,146 $ 57,146 $ — $ —Long-term interest-bearing deposits in other banks 12,741 12,741 12,741 Loans held for sale 9,446 9,446 — 9,446 —Net loans 992,915 990,867 — — 990,867Accrued interest receivable 6,410 6,410 — — 6,410 Financial liabilities: Deposits$ 1,354,573 $ 1,355,086 $ — $ 1,355,086 $ —Accrued interest payable 180 180 — 180 —