Fair Values of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2021

Fair Values Of Financial Instruments [Abstract]

Schedule of estimated fair values of financial instruments

	December 31, 2021				December 31, 2020
(dollars in thousands)	Carrying		Fair		Carrying		Fair
	Amount		Value		Amount		Value
Financial assets:
Cash and due from banks	$	2,111	$	2,111	$	2,117	$	2,117
Interest-bearing deposits in other financial institutions		56,434		56,434		29,730		29,730
Federal funds sold		3,636		3,636		5,246		5,246
Investment securities available for sale		155,927		155,927		114,049		114,049
Investments in restricted stock		1,062		1,062		1,199		1,199
Ground rents		131		131		140		140
Loans, less allowance for credit losses		207,922		211,541		252,296		253,946
Accrued interest receivable		1,085		1,085		1,302		1,302
Cash value of life insurance		8,338		8,338		8,181		8,181
Financial liabilities:
Deposits		383,247		383,910		349,620		350,666
Long-term borrowings		10,000		9,888		—		—
Short-term borrowings		10,000		10,000		29,912		29,935
Accrued interest payable		11		11		16		16
Unrecognized financial instruments:
Commitments to extend credit		28,167		28,167		31,561		31,561
Standby letters of credit		55		55		1,044		1,044

Schedule of fair value hierarchy of financial instruments

(dollars in thousands)
	Carrying		Fair
December 31, 2021	Amount		Value		Level 1		Level 2	Level 3
Financial instruments - Assets
Cash and cash equivalents	$	62,181	$	62,181	$	62,181	—	$	—
Loans receivable, net		207,922		211,541		—	—		211,541
Cash value of life insurance		8,338		8,338		—	8,338		—
Financial instruments - Liabilities
Deposits		383,247		383,910		227,580	156,330		—
Long-term debt		10,000		—		—	—		—
Short-term debt		10,000		10,000		—	10,000		—