Fair Values of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2023

Investments, All Other Investments [Abstract]

Schedule of Estimated Fair Values of Recognized Financial Instruments Carried at Amortized Cost

The estimated fair values of recognized financial instruments carried at amortized cost as of September 30, 2023 and December 31, 2022 are as follows:

(Dollars in thousands)	Carrying Value		Level I		Level II		Level III		Fair Value
September 30, 2023
Financial assets
Securities held-to-maturity	$	230,505	$	9,209	$	178,486	$	—	$	187,695
Loans held for sale		—		—		—		—		—
Net loans		674,258		—		—		640,671		640,671
Mortgage servicing rights		601		—		—		601		601
Financial liabilities
Deposits	$	1,018,075	$	840,637	$	—	$	179,008	$	1,019,645
Other borrowings		1,808		—		—		1,687		1,687
December 31, 2022
Financial assets
Securities held-to-maturity	$	247,401	$	11,617	$	200,337	$	—	$	211,954
Loans held for sale		52		55		—		—		55
Net loans		620,333		—		—		600,720		600,720
Mortgage servicing rights		621		—		—		621		621
Financial liabilities
Deposits	$	1,023,417	$	905,335	$	—	$	114,478	$	1,019,813
Other borrowings		2,461		—		—		2,321		2,321