| Schedule of assets and liabilities measured at fair value |
| | | | | | | | | | | | | | | | | | Fair Value Measurements Using: | | | | | | Quoted Prices in | | | | | | | | | | | | Active Markets | | Significant Other | | Significant | | | Total at | | for Identical | | Observable | | Unobservable | | | June 30, | | Assets | | Inputs | | Inputs | | | 2025 | | (Level 1) | | (Level 2) | | (Level 3) | U.S. government agencies and treasuries | | $ | 65,348 | | $ | — | | $ | 65,348 | | $ | — | Mortgage-backed securities | | | 244,142 | | | — | | | 244,142 | | | — | Corporate securities | | | 22,546 | | | — | | | 19,601 | | | 2,945 | Obligations of states and political subdivisions | | | 78,778 | | | — | | | 78,778 | | | — | Total securities available-for-sale | | $ | 410,814 | | $ | — | | $ | 407,869 | | $ | 2,945 |
| | | | | | | | | | | | | | | | | | Fair Value Measurements Using: | | | | | | Quoted Prices in | | | | | | | | | | | | Active Markets | | Significant Other | | Significant | | | Total at | | for Identical | | Observable | | Unobservable | | | December 31, | | Assets | | Inputs | | Inputs | | | 2024 | | (Level 1) | | (Level 2) | | (Level 3) | U.S. government agencies and treasuries | | $ | 76,154 | | $ | — | | $ | 76,154 | | $ | — | Mortgage-backed securities | | | 257,339 | | | — | | | 257,339 | | | — | Corporate securities | | | 20,034 | | | — | | | 17,299 | | | 2,735 | Obligations of states and political subdivisions | | | 90,248 | | | — | | | 90,248 | | | — | Total securities available-for-sale | | $ | 443,775 | | $ | — | | $ | 441,040 | | $ | 2,735 |
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| Schedule of level 3 fair value measured at fair value on a non-recurring |
| | | | | | | | | | | | | Fair Value | | | | | | Range | | June 30, 2025 | | Value | | Valuation Technique | | Unobservable Input | | (Weighted Average) | | Collateral dependent loans - Commercial Real Estate | | $ | 5,112 | | Appraisal of collateral (1) | | Appraisal and liquidation | | 20% | | | | | | | | | adjustments (2) | | (20%) | |
| | | | | | | | | | | | | Fair Value | | | | | | Range | | December 31, 2024 | | Value | | Valuation Technique | | Unobservable Input | | (Weighted Average) | | Collateral dependent loans - Commercial real estate | | $ | 2,800 | | Appraisal of collateral (1) | | Appraisal and liquidation | | 20% | | | | | | | | | adjustments (2) | | (20%) | |
(1) Fair value is generally determined through independent appraisals of the underlying collateral that generally include various level 3 inputs which are not identifiable. (2) Appraisals may be adjusted downward by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range of liquidation expenses and other appraisal adjustments are presented as a percent of the appraisal.
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| Schedule of carrying amounts and estimated fair values of financial instruments |
| | | | | | | | | | | | | | | | | | June 30, 2025 | | | Carrying | | Fair | | | | | | | | | | | | Amount | | Value | | Level 1 | | Level 2 | | Level 3 | Financial assets: | | | | | | | | | | | | | | | | Cash and due from banks | | $ | 175,606 | | $ | 175,606 | | $ | 175,606 | | $ | — | | $ | — | Loans, net | | | 1,889,394 | | | 1,828,792 | | | — | | | — | | | 1,828,792 | Accrued interest receivable | | | 10,465 | | | 10,465 | | | — | | | 2,071 | | | 8,394 | Restricted investment in bank stocks | | | 5,618 | | | NA | | | — | | | — | | | — | Financial liabilities: | | | | | | | | | | | | | | | | Deposits | | | 2,276,723 | | | 2,276,045 | | | 2,132,431 | | | 143,614 | | | — | FHLB advances, short term | | | 21,000 | | | 20,961 | | | — | | | 20,961 | | | — | FHLB advances, long term | | | 10,000 | | | 10,006 | | | — | | | 10,006 | | | — | Subordinated notes, net of issuance costs | | | 19,626 | | | 25,092 | | | — | | | 25,092 | | | — | Accrued interest payable | | | 921 | | | 921 | | | — | | | 921 | | | — |
| | | | | | | | | | | | | | | | | | December 31, 2024 | | | Carrying | | Fair | | | | | | | | | | | | Amount | | Value | | Level 1 | | Level 2 | | Level 3 | Financial assets: | | | | | | | | | | | | | | | | Cash and due from banks | | $ | 150,334 | | $ | 150,334 | | $ | 150,334 | | $ | — | | $ | — | Loans, net | | | 1,789,674 | | | 1,707,825 | | | — | | | — | | | 1,707,825 | Accrued interest receivable | | | 6,680 | | | 6,680 | | | — | | | 2,201 | | | 4,479 | Restricted investment in bank stocks | | | 9,716 | | | NA | | | — | | | — | | | — | Financial liabilities: | | | | | | | | | | | | | | | | Deposits | | | 2,153,359 | | | 2,152,731 | | | 1,932,345 | | | 220,386 | | | — | FHLB advances, short term | | | 113,500 | | | 113,286 | | | — | | | 113,286 | | | — | FHLB advances, long term | | | 10,000 | | | 9,861 | | | — | | | 9,861 | | | — | Subordinated notes, net of issuance costs | | | 19,591 | | | 24,538 | | | — | | | 24,538 | | | — | Accrued interest payable | | | 655 | | | 655 | | | — | | | 655 | | | — |
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