Fair Value Measurement (Tables)

6 Months Ended

Jun. 30, 2024

Fair Value Measurement [Abstract]

Financial Instruments Measured At Fair Value On Recurring Basis

(in thousands)		Level 1		Level 2		Level 3		Fair Value
June 30, 2024
Securities available-for-sale:
US treasuries and government agencies	$	-	$	90,393	$	-	$	90,393
States and political subdivisions		-		5,419		-		5,419
Mortgage-backed securities		-		167,928		-		167,928
December 31, 2023
Securities available-for-sale:
US treasuries and government agencies	$	-	$	96,240	$	-	$	96,240
States and political subdivisions		-		6,029		-		6,029
Mortgage-backed securities		-		173,411		-		173,411

Financial Instruments Measured At Fair Value On Nonrecurring Basis

(in thousands)		Level 1		Level 2		Level 3		Fair Value
June 30, 2024
Collateral dependent individually analyzed loans	$	-	$	-	$	7,258	$	7,258
December 31, 2023
Collateral dependent individually analyzed loans	$	-	$	-	$	7,147	$	7,147

Estimated Fair Values Of Financial Instruments

	June 30, 2024				December 31, 2023
	Carrying		Fair		Carrying		Fair
	Amount		Value		Amount		Value
		(in thousands)				(in thousands)
Financial assets:
Level 1:
Cash and cash equivalents	$	126,283	$	126,283	$	23,467	$	23,467
Level 2:
Available for sale securities		263,740		263,740		275,680		275,680
FHLB and FRB stock		8,049		N/A		8,011		N/A
Level 3:
Held to maturity securities		3,626		3,554		2,059		1,988
Loans, net		1,742,554		1,648,773		1,698,832		1,606,666
Financial liabilities:
Level 1:
Demand deposits	$	397,535	$	397,535	$	390,238	$	390,238
NOW deposits		382,513		382,513		345,279		345,279
Savings deposits		710,596		710,596		649,621		649,621
Level 2:
Securities sold under agreement to
repurchase		7,684		7,684		9,475		9,475
Other borrowed funds		129,006		128,621		145,123		145,055
Subordinated debt		31,228		30,038		31,177		29,563
Level 3:
Time deposits		400,897		399,900		333,623		331,675