Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2025

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value Assets Measured On Recurring Basis



			Fair Value at December 31, 2025
			Quoted Prices		Significant
			in Active		Other		Significant
	Balance as of		Markets for		Observable		Unobservable
(dollars in thousands)	December 31,		Identical Assets		Inputs		Inputs
Description	2025		(Level 1)		(Level 2)		(Level 3)
U.S. agency obligations	$	85,363	$	-	$	85,363	$	-
Mortgage-backed securities		61,040		-		61,040		-
Municipals		55,163		-		55,163		-
Corporates		12,562		-		12,562		-
Total available-for-sale securities	$	214,128	$	-	$	214,128	$	-
IRLCs – asset		99		-		-		99
Total assets at fair value	$	214,227	$	-	$	214,128	$	99

During the year ended December 31, 2025, the fair value of Level 3 assets consisted entirely of IRLCs, which increased from $42,000 at December 31, 2024 to $99,000 at December 31, 2025; there were no transfers into or out of Level 3, and no purchases, sales, or settlements of Level 3 instruments during the period. The change reflects the net effect of new rate lock commitments issued and existing commitments closed or expired during the year.



			Fair Value at December 31, 2024
			Quoted Prices		Significant
			in Active		Other		Significant
	Balance as of		Markets for		Observable		Unobservable
(dollars in thousands)	December 31,		Identical Assets		Inputs		Inputs
Description	2024		(Level 1)		(Level 2)		(Level 3)
U.S. agency obligations	$	73,060	$	-	$	73,060	$	-
Mortgage-backed securities		58,973		-		58,973		-
Municipals		41,561		-		41,561		-
Corporates		14,322		-		14,322		-
Total available-for-sale securities	$	187,916	$	-	$	187,916	$	-
IRLCs – asset		42		-		-		42
Total assets at fair value	$	187,958	$	-	$	187,916	$	42

Impaired Loans And Other Real Estate Owned Measured At Fair Value On A Nonrecurring Basis


		Fair Value at December 31, 2025
			Quoted Prices	Significant
(dollars in thousands)			in Active	Other	Significant
	Balance as of		Markets for	Observable	Unobservable
	December 31,		Identical Assets	Inputs	Inputs
Description	2025		(Level 1)	(Level 2)	(Level 3)

Loans individually evaluated*	$ 136		$ -	$ -	$ 136

Loans held for sale	$ 3,472		$ -	$ 3,472	$ -


		Fair Value at December 31, 2024
			Quoted Prices	Significant
(dollars in thousands)			in Active	Other	Significant
	Balance as of		Markets for	Observable	Unobservable
	December 31,		Identical Assets	Inputs	Inputs
Description	2024		(Level 1)	(Level 2)	(Level 3)

Loans individually evaluated*	$ 76		$ -	$ -	$ 76

Loans held for sale	$ 3,616		$ -	$ 3,616	$ -

*Includes loans charged down to the net realizable value of the collateral.

Quantitative Information Of Assets Measured At Fair Value On Non-Recurring Basis


	Quantitative information about Level 3 Fair Value Measurements for
	December 31, 2025
	(dollars in thousands)
	Fair Value		Valuation Technique(s)	Unobservable Input	Range (Weighted Average)
Loans individually evaluated*	$	136	Discounted appraised value	Selling cost	0% - 10% (8%)
				Discount for lack of marketability and age of appraisal	0% - 20% (6%)

*Includes loans charged down to the net realizable value of the collateral.

‎

Note 21 – Fair value measurements (continued)


	Quantitative information about Level 3 Fair Value Measurements for
	December 31, 2024
	(dollars in thousands)
	Fair Value		Valuation Technique(s)	Unobservable Input	Range (Weighted Average)
Loans individually evaluated*	$	76	Discounted appraised value	Selling cost	0% - 10% (8%)
				Discount for lack of marketability and age of appraisal	0% - 20% (6%)

*Includes loans charged down to the net realizable value of the collateral.

Fair Value Carrying And Notional Amounts



			Fair Value Measurements at December 31, 2025 using
			Quoted Prices		Significant
			in Active		Other		Significant
(dollars in thousands)				Markets for	Observable		Unobservable
	Carrying		Identical Assets		Inputs		Inputs
Assets	Amounts		(Level 1)		(Level 2)		(Level 3)		Balance
Cash and due from banks	$	28,538	$	28,538	$	-	$	-	$	28,538
Fed funds sold		55,937		55,937		-		-		55,937
Securities
Available-for-sale		214,128		-		214,128		-		214,128
Held-to-maturity		3,590		-		3,315		-		3,315
Restricted stock		1,828		-		1,828		-		1,828
Loans, net		661,357		-				652,335		652,335
Loans held for sale		3,472		-		3,472		-		3,472
Interest receivable		3,380		-		3,380		-		3,380
BOLI		23,676		-		23,676		-		23,676
Derivatives		99		-				99		99
Liabilities
Deposits	$	937,129	$	-	$	936,880	$	-	$	936,880
Other borrowings		8,796		-		8,511		-		8,511
Interest payable		1,167		-		1,167		-		1,167



(dollars in thousands)			Fair Value Measurements at December 31, 2024 using
				Quoted Prices		Significant
				in Active		Other		Significant
				Markets for		Observable		Unobservable
	Carrying			Identical Assets		Inputs		Inputs
Assets	Amounts		(Level 1)		(Level 2)		(Level 3)		Balance
Cash and due from banks	$	23,287	$	23,287	$	-	$	-	$	23,287
Fed funds sold		50,022		50,022		-		-		50,022
Securities
Available-for-sale		187,916		-		187,916		-		187,916
Held-to-maturity		3,606		-		3,170		-		3,170
Restricted stock		1,821		-		1,821		-		1,821
Loans, net		636,552		-		—		613,984		613,984
Loans held for sale		3,616		-		3,616		-		3,616
Interest receivable		3,065		-		3,065		-		3,065
BOLI		22,907		-		22,907		-		22,907
Derivatives		42		-		-		42		42
Liabilities
Deposits	$	882,404	$	-	$	881,921	$	-	$	881,921
Capital notes, net		10,048		-		9,836		-		9,836
Other borrowings		9,300		-		8,929		-		8,929
Interest payable		722		-		722		-		722

Fair Value, Recurring [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Quantitative Information About Assets Measured At Fair Value Level


	Quantitative information about Level 3 Fair Value Measurements for December 31, 2025
	(dollars in thousands)
		Fair Value	Valuation Technique(s)	Unobservable Input	Range (Weighted Average)
Assets
IRLCs - asset	$	99	Market approach	Range of pull through rate	85%

	Quantitative information about Level 3 Fair Value Measurements for December 31, 2024
	(dollars in thousands)
		Fair Value	Valuation Technique(s)	Unobservable Input	Range (Weighted Average)
Assets
IRLCs - asset	$	42	Market approach	Range of pull through rate	85%