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Fair Value Measurements And Fair Values Of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 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 December 31, 2023

Asset Description

Level 1

Level 2

Level 3

Total

Equity securities, at fair value

$

427

$

$

$

427

Available for sale:

U.S. Treasury

74,091

74,091

Municipal

138,618

138,618

Corporate

23,198

23,198

Agency mortgage & asset-backed

132,591

132,591

Non-Agency mortgage & asset-backed

104,005

104,005

Total assets

$

74,518

$

472,503

$

$

472,930

(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 & asset-backed

150,935

150,935

Non-Agency mortgage & asset-backed

65,950

65,950

Total assets

$

90,668

$

396,579

$

$

487,247

Fair Value, By Balance Sheet Grouping

December 31, 2023

Carrying

Fair

(Dollars in thousands)

Amount

Value

Level 1

Level 2

Level 3

Financial assets, carried at cost:

Cash and cash equivalents

$

23,140

$

23,140

$

23,140

$

$

Long-term interest-earnings deposits in other banks

6,229

6,229

6,229

Loans held for sale

213

213

213

Net loans

1,240,933

1,207,403

1,207,403

Accrued interest receivable

7,506

7,506

7,506

Financial liabilities:

Deposits

$

1,537,978

$

1,537,480

$

$

1,537,480

$

Federal Reserve Bank Borrowings

90,000

89,783

89,783

FHLB Advances

40,000

40,110

40,110

Subordinate notes

19,661

18,303

18,303

Accrued interest payable

3,856

3,856

3,856

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-earnings 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