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

9 Months Ended

Sep. 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 September 30, 2023
Asset Description	Level 1		Level 2		Level 3		Total
Equity securities, at fair value	$	386	$	—	$	—	$	386
Available for sale:
U.S. Treasury		71,141		—		—		71,141
Municipal		—		128,717		—		128,717
Corporate		—		22,983		—		22,983
Agency mortgage & asset-backed		—		134,370		—		134,370
Non-Agency mortgage & asset-backed		—		101,065		—		101,065
Total assets	$	71,527	$	387,135	$	—	$	458,662

(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

	September 30, 2023
	Carrying		Fair
(Dollars in thousands)	Amount		Value		Level 1		Level 2		Level 3
Financial assets, carried at cost:
Cash and cash equivalents	$	73,953	$	73,953	$	73,953	$	—	$	—
Long-term interest-earning deposits in other banks		7,728		7,728		7,728		—		—
Loans held for sale		792		792		—		792		—
Net loans		1,191,322		1,131,171		—		—		1,131,171
Accrued interest receivable		6,764		6,764		—		—		6,764
Financial liabilities:
Deposits	$	1,567,414	$	1,566,099	$	—	$	1,566,099	$	—
Federal Reserve Bank borrowings		70,000		69,597				69,597
FHLB advances		40,000		40,117		—		40,117		—
Subordinate notes		19,653		18,119		—		18,119		—
Accrued interest payable		2,836		2,836		—		2,836		—
	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-earning 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		—