v3.26.1
Fair Value Measurements And Fair Values Of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2026
Fair Value Measurements And Fair Values Of Financial Instruments [Abstract]  
Schedule Of Fair Value, Assets And Liabilities Measured On Recurring Basis

(Dollars in thousands)

Fair Value at March 31, 2026

Assets

Basis

Level 1

Level 2

Level 3

Total

Available for sale:

U.S. Treasury

33,089 

33,089 

Municipal

136,807 

136,807 

Corporate

10,925 

10,925 

Agency MBS & CMO

127,234 

127,234 

Non-Agency MBS & CMO

102,230 

102,230 

Asset-backed

26,198 

26,198 

Total available for sale

Recurring

$

33,089 

$

403,394 

$

$

436,483 

Collateral dependent loans (1)

Nonrecurring

6,389 

6,389 

(Dollars in thousands)

Fair Value at December 31, 2025

Assets

Basis

Level 1

Level 2

Level 3

Total

Available for sale:

U.S. Treasury

33,263 

33,263 

Municipal

137,839 

137,839 

Corporate

14,675 

14,675 

Agency MBS & CMO

129,860 

129,860 

Non-Agency MBS & CMO

111,668 

111,668 

Asset-backed

27,281 

27,281 

Total available for sale

Recurring

$

33,263 

$

421,323 

$

$

454,586 

Collateral dependent loans (1)

Nonrecurring

6,227 

6,227 

Derivatives

Recurring

124 

124 

(1)Collateral dependent loans with a specific reserve are reported at the fair value of the underlying collateral if repayment is expected solely from the collateral. Collateral values are estimated using Level 3 inputs based on customized discounting criteria.

Fair Value Inputs, Assets, Quantitative Information

(Dollars in thousands)

Range

March 31, 2026

Fair Value

Valuation Technique

Unobservable Input

(Weighted Average)

Collateral Dependent

$

6,022

Appraisal

Appraisal adjustment on

Real estate assets

20%

Cost to sell

10%

Collateral Dependent

$

63

Financial Statement

Valuation of

Business assets

25%-100% (93%)

Cost to sell

10%

Collateral Dependent

$

304

Appraisal

Appraisal adjustment on

Real estate assets

0%

Cost to sell

8%

Range

December 31, 2025

Fair Value

Valuation Technique

Unobservable Input

(Weighted Average)

Collateral Dependent

$

6,227

Appraisal

Appraisal adjustment on

Real estate assets

20%

Cost to sell

10%

Collateral Dependent (1)

$

-

Appraisal

Valuation of

Business assets

100%

Cost to sell

0%

Fair Value, By Balance Sheet Grouping

March 31, 2026

Carrying

Fair

(Dollars in thousands)

Amount

Value

Level 1

Level 2

Level 3

Financial assets, carried at cost:

Cash and cash equivalents

$

210,777

$

210,777

$

210,777

$

$

Long-term interest-earning deposits in other banks

750

750

750

Loans held for sale

1,850

1,879

1,879

Net loans

1,551,697

1,542,373

1,542,373

Accrued interest receivable

7,708

7,708

7,708

Financial liabilities:

Deposits

$

1,889,710

$

1,889,764

$

$

1,889,764

$

FHLB advances

200,000

200,963

200,963

Subordinate notes

10,850

9,532

9,532

Accrued interest payable

3,798

3,798

3,798

December 31, 2025

Carrying

Fair

(Dollars in thousands)

Amount

Value

Level 1

Level 2

Level 3

Financial assets, carried at cost:

Cash and cash equivalents

$

127,721

$

127,721

$

127,721

$

$

Long-term interest-earning deposits in other banks

999

999

999

Loans held for sale

18,929

19,161

19,161

Net loans

1,540,583

1,537,281

1,537,281

Accrued interest receivable

8,084

8,084

8,084

Financial liabilities:

Deposits

$

1,835,772

$

1,835,884

$

$

1,835,884

$

FHLB Advances

200,000

201,732

201,732

Subordinate notes

10,845

9,532

9,532

Accrued interest payable

3,852

3,852

3,852