Carrying Amount And Estimated Fair Values Of Financial Instruments |
| | | | | | | | | | | | | | | | | | | | | Fair Value Measurements at | | | Carrying | | June 30, 2025 | (In thousands) | | Amount | | Level 1 | | Level 2 | | Level 3 | | Total | Financial assets: | | | | | | | | | | | | | | | | Cash and due from banks | | $ | 2,800 | | $ | 2,800 | | $ | – | | $ | – | | $ | 2,800 | Due from Federal Reserve Bank and interest-bearing deposits in banks | | | 127,123 | | | 127,123 | | | – | | | – | | | 127,123 | Securities available-for-sale | | | 292,808 | | | – | | | 292,808 | | | – | | | 292,808 | Loans, net | | | 1,892,094 | | | – | | | – | | | 1,873,413 | | | 1,873,413 | | | | | | | | | | | | | | | | | Financial liabilities: | | | | | | | | | | | | | | | | Deposits | | | 2,002,781 | | | – | | | 1,914,348 | | | – | | | 1,914,348 | Subordinated debt | | | 22,000 | | | – | | | – | | | 24,715 | | | 24,715 | Short-term borrowings | | | 145,000 | | | 145,000 | | | – | | | – | | | 145,000 |
| | | | | | | | | | | | | | | | | | | | | Fair Value Measurements at | | | Carrying | | December 31, 2024 | (In thousands) | | Amount | | Level 1 | | Level 2 | | Level 3 | | Total | Financial assets: | | | | | | | | | | | | | | | | Cash and due from banks | | $ | 8,662 | | $ | 8,662 | | $ | – | | $ | – | | $ | 8,662 | Due from Federal Reserve Bank and interest-bearing deposits in banks | | | 74,039 | | | 74,039 | | | – | | | – | | | 74,039 | Securities available-for-sale | | | 296,556 | | | – | | | 296,556 | | | – | | | 296,556 | Loans, net | | | 1,846,263 | | | – | | | – | | | 1,825,368 | | | 1,825,368 | | | | | | | | | | | | | | | | | Financial liabilities: | | | | | | | | | | | | | | | | Deposits | | | 1,891,355 | | | – | | | 1,737,457 | | | – | | | 1,737,457 | Subordinated debt | | | 22,000 | | | – | | | – | | | 24,809 | | | 24,809 | Short-term borrowings | | | 185,000 | | | 185,000 | | | – | | | – | | | 185,000 |
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Fair Value Assets Measured On Recurring Basis |
| | | | | | | | | | | | | | | June 30, 2025 | (In thousands) | | Fair Value | | Level 1 | | Level 2 | | Level 3 | Securities available-for-sale | | | | | | | | | | | | | U.S. agency securities | | $ | 500 | | $ | – | | $ | 500 | | $ | – | Commercial mortgage-backed securities | | | 4,850 | | | – | | | 4,850 | | | – | Residential mortgage-backed securities | | | 282,884 | | | – | | | 282,884 | | | – | U.S. states and political subdivisions | | | 4,574 | | | – | | | 4,574 | | | – | Total securities available-for-sale | | $ | 292,808 | | $ | – | | $ | 292,808 | | $ | – | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2024 | (In thousands) | | Fair Value | | Level 1 | | Level 2 | | Level 3 | Securities available-for-sale | | | | | | | | | | | | | U.S. agency securities | | $ | 538 | | $ | – | | $ | 538 | | $ | – | Commercial mortgage-backed securities | | | 2,863 | | | – | | | 2,863 | | | – | Residential mortgage-backed securities | | | 288,461 | | | – | | | 288,461 | | | – | U.S. states and political subdivisions | | | 4,694 | | | – | | | 4,694 | | | – | Total securities available-for-sale | | $ | 296,556 | | $ | – | | $ | 296,556 | | $ | – |
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