v3.26.1
Fair Values of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2026
Investments, All Other Investments [Abstract]  
Schedule of Estimated Fair Values of Recognized Financial Instruments Carried at Amortized Cost

The estimated fair values of recognized financial instruments carried at amortized cost as of June 30, 2026 and December 31, 2025 are as follows:

(Dollars in thousands)

 

Carrying
Value

 

 

Level I

 

 

Level II

 

 

Level III

 

 

Fair Value

 

June 30, 2026

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Securities held-to-maturity

 

$

174,421

 

 

$

 

 

$

151,607

 

 

$

 

 

$

151,607

 

Loans held for sale

 

 

150

 

 

 

154

 

 

 

 

 

 

 

 

 

154

 

Net loans

 

 

855,820

 

 

 

 

 

 

 

 

 

825,900

 

 

 

825,900

 

Mortgage servicing rights

 

 

632

 

 

 

 

 

 

 

 

 

632

 

 

 

632

 

Financial liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deposits

 

$

1,133,407

 

 

$

849,553

 

 

$

 

 

$

285,439

 

 

$

1,134,992

 

Other borrowings

 

 

694

 

 

 

 

 

 

 

 

 

627

 

 

 

627

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Securities held-to-maturity

 

$

183,145

 

 

$

 

 

$

161,052

 

 

$

 

 

$

161,052

 

Loans held for sale

 

 

213

 

 

 

217

 

 

 

 

 

 

 

 

 

217

 

Net loans

 

 

817,308

 

 

 

 

 

 

 

 

 

784,544

 

 

 

784,544

 

Mortgage servicing rights

 

 

625

 

 

 

 

 

 

 

 

 

625

 

 

 

625

 

Financial liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deposits

 

$

1,127,915

 

 

$

865,010

 

 

$

 

 

$

264,502

 

 

$

1,129,512

 

Other borrowings

 

 

917

 

 

 

 

 

 

 

 

 

835

 

 

 

835