FAIR VALUE MEASUREMENTS (Tables) |
6 Months Ended |
|---|---|
Jun. 30, 2025 | |
| Fair Value Measurements [Abstract] | |
| Schedule of Financial Assets and Financial Liabilities Measured at Fair Value on a Recurring Basis | Level 1 Level 2 Level 3 Total (Dollars in Thousands) Inputs Inputs Inputs Value June 30, 2025 ASSETS: Securities Available for U.S. Government Treasury $ 222,321 $ - $ - $ 222,321 U.S. Government Agency - 163,068 - 163,068 States and Political Subdivisions - 37,873 - 37,873 Mortgage-Backed Securities - 53,628 - 53,628 Corporate Debt Securities - 48,470 - 48,470 Equity Securities - - 3,242 3,242 Loans Held for Sale - 19,181 - 19,181 Residential Mortgage Loan Commitments ("IRLCs") - - 652 652 Interest Rate Swap Derivative - 4,130 - 4,130 LIABILITIES: Forward Sales Contracts - 189 - 189 December 31, 2024 ASSETS: Securities Available for U.S. Government Treasury $ 105,801 $ - $ - $ 105,801 U.S. Government Agency - 143,127 - 143,127 States and Political Subdivisions - 39,382 - 39,382 Mortgage-Backed Securities - 55,477 - 55,477 Corporate Debt Securities - 51,462 - 51,462 Equity Securities - - 2,399 2,399 Loans Held for Sale - 28,672 - 28,672 Interest Rate Swap Derivative - 5,319 - 5,319 Forward Sales Contracts - 96 - 96 Residential Mortgage Loan Commitments ("IRLCs") - - 248 248 |
| Schedule of Financial Instruments with Estimated Fair Values | June 30, 2025 Carrying Level 1 Level 2 Level 3 (Dollars in Thousands) Value Inputs Inputs Inputs ASSETS: Cash $ 78,485 $ 78,485 $ - $ - Fed Funds Sold and Interest Bearing Deposits 394,917 394,917 - - Investment Securities, Held to Maturity 462,599 232,751 216,160 - Other Equity Securities (1) 3,242 - 3,242 - Mortgage Servicing Rights 889 - - 1,465 Loans, Net of Allowance for Credit Losses 2,601,628 - - 2,468,513 LIABILITIES: Deposits $ 3,704,853 $ - $ 3,077,764 $ - Short-Term 34,541 - 34,092 - Subordinated Notes Payable 42,582 - 39,537 - Long-Term Borrowings 680 - 680 - December 31, 2024 Carrying Level 1 Level 2 Level 3 (Dollars in Thousands) Value Inputs Inputs Inputs ASSETS: Cash $ 70,543 $ 70,543 $ - $ - Fed Funds Sold and Interest Bearing Deposits 321,311 321,311 - - Investment Securities, Held to Maturity 567,155 361,529 182,931 - Other Equity Securities (1) 2,848 - 2,848 - Mortgage Servicing Rights 933 - - 1,616 Loans, Net of Allowance for Credit Losses 2,622,299 - - 2,457,883 LIABILITIES: Deposits $ 3,671,977 $ - $ 3,046,926 $ - Short-Term 28,304 - 28,304 - Subordinated Notes Payable 52,887 - 42,530 - Long-Term Borrowings 794 - 794 - (1) Accounted for under the equity method – not readily |