XML 47 R37.htm IDEA: XBRL DOCUMENT v3.23.2
Fair Value Measurements And Fair Values Of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2023
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 June 30, 2023

Asset Description

Level 1

Level 2

Level 3

Total

Equity securities, at fair value

$

380

$

$

$

380

Available for sale:

U.S. Treasury

72,692

72,692

Municipal

136,356

136,356

Corporate

22,830

22,830

Agency mortgage & asset-backed

139,885

139,885

Non-Agency mortgage & asset-backed

67,708

67,708

Total assets

$

73,072

$

366,779

$

$

439,851

(Dollars in thousands)

Fair Value at December 31, 2022

Asset Description

Level 1

Level 2

Level 3

Total

Equity securities, at fair value

$

411

$

$

$

411

Available for sale:

U.S. Treasury

90,257

90,257

Municipal

155,455

155,455

Corporate

24,239

24,239

Agency mortgage and asset-backed

150,935

150,935

Non-Agency mortgage and asset-backed

65,950

65,950

Total assets

$

90,668

$

396,579

$

$

487,247

Fair Value, By Balance Sheet Grouping

June 30, 2023

Carrying

Fair

(Dollars in thousands)

Amount

Value

Level 1

Level 2

Level 3

Financial assets, carried at cost:

Cash and cash equivalents

$

64,832

$

64,832

$

64,832

$

$

Long-term interest-bearing deposits in other banks

8,978

8,978

8,978

Loans held for sale

126

126

126

Net loans

1,130,547

1,081,607

1,081,607

Accrued interest receivable

6,147

6,147

6,147

Financial liabilities:

Deposits

$

1,513,135

$

1,511,696

$

$

1,511,696

$

Short-term borrowings

70,000

70,000

70,000

Subordinate notes

19,643

18,132

18,132

Accrued interest payable

1,441

1,441

1,441

December 31, 2022

Carrying

Fair

(Dollars in thousands)

Amount

Value

Level 1

Level 2

Level 3

Financial assets, carried at cost:

Cash and cash equivalents

$

64,899

$

64,899

$

64,899

$

$

Long-term interest-bearing deposits in other banks

13,975

13,975

13,975

Loans held for sale

283

287

287

Net loans

1,036,866

986,141

986,141

Accrued interest receivable

6,354

6,354

6,354

Financial liabilities:

Deposits

$

1,551,448

$

1,550,030

$

$

1,550,030

$

Subordinate notes

19,623

17,876

17,876

Accrued interest payable

192

192

192