Fair Value Measurements And Fair Values Of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2022

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 September 30, 2022
Asset Description	Level 1		Level 2		Level 3		Total
Equity securities, at fair value	$	435	$	—	$	—	$	435
Available for sale:
U.S. Treasury		79,909		—		—		79,909
Municipal		—		169,261		—		169,261
Corporate		—		24,622		—		24,622
Agency mortgage & asset-backed		—		157,020		—		157,020
Non-Agency mortgage & asset-backed		—		61,220		—		61,220
Total assets	$	80,344	$	412,123	$	—	$	492,467

(Dollars in thousands)	Fair Value at December 31, 2021
Asset Description	Level 1		Level 2		Level 3		Total
Equity securities, at fair value	$	481	$	—	$	—	$	481
Available for sale:
U.S. Treasury		84,286		—		—		84,286
Municipal		—		212,227		—		212,227
Corporate		—		24,939		—		24,939
Agency mortgage and asset-backed		—		177,685		—		177,685
Non-Agency mortgage and asset-backed		—		30,674		—		30,674
Total assets	$	84,767	$		$	—	$	530,292

Schedule Of Fair Value On A Nonrecurring Basis

(Dollars in Thousands)	Fair Value at September 30, 2022
Asset Description	Level 1		Level 2		Level 3		Total
Impaired loans (1)	$	—	$	—	$	4,881	$	4,881
Total assets	$	—	$	—	$	4,881	$	4,881

(Dollars in Thousands)	Fair Value at December 31, 2021
Asset Description	Level 1		Level 2		Level 3		Total
Impaired loans (1)	$	—	$	—	$	4,880	$	4,880
Total assets	$	—	$	—	$	4,880	$	4,880

(1)Includes assets that may have been charged-down to fair value during the reporting period or have a specific reserve established.

Fair Value Inputs, Assets, Quantitative Information

(Dollars in thousands)					Range
September 30, 2022		Fair Value	Valuation Technique	Unobservable Input	(Weighted Average)
Impaired loans	$	4,881	Appraisal	Appraisal Adjustment on:
				Real estate assets	20% (20%)
				Cost to sell	8%
				Non-real estate assets	50% - 100% (83%)
				Cost to sell	8%
					Range
December 31, 2021		Fair Value	Valuation Technique	Unobservable Input	(Weighted Average)
Impaired Loans	$	4,880	Appraisal	Appraisal Adjustment on:
				Real estate assets	20% (20%)
				Cost to sell	8%
				Non-real estate assets	50% - 100% (83%)
				Cost to sell	8%

Fair Value, By Balance Sheet Grouping

	September 30, 2022
	Carrying		Fair
(Dollars in thousands)	Amount		Value		Level 1		Level 2		Level 3
Financial assets, carried at cost:
Cash and cash equivalents	$	210,156	$	210,156	$	210,156	$	—	$	—
Long-term interest-bearing deposits in other banks		12,476		12,476		12,476		—		—
Loans held for sale		2,349		2,382		—		2,382		—
Net loans		1,033,518		977,145		—		—		977,145
Accrued interest receivable		5,784		5,784		—		—		5,784
Financial liabilities:
Deposits	$	1,704,983	$	1,703,580	$	—	$	1,703,580	$	—
Subordinate notes		19,615		17,838		—		17,838		—
Accrued interest payable		346		346		—		346		—
	December 31, 2021
	Carrying		Fair
(Dollars in thousands)	Amount		Value		Level 1		Level 2		Level 3
Financial 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		—		—		1,003,580
Accrued 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		—