v3.25.2
Fair Value (Tables)
6 Months Ended
Jun. 30, 2025
Fair Value [Abstract]  
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

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

$