| Summary of financial instruments measured on recurring basis |
(Dollars in thousands) | | | | | | | | | | | | | | | September 30, 2026 | | | | Fair Value Measurements | | | Level 1 Valuation | | | Level 2 Valuation | | | Level 3 Valuation | | Available for sale securities: | | | | | | | | | | | | | U.S. Treasuries | | $ | 7,605 | | | | - | | | | 7,605 | | | | - | | U.S. Government sponsored enterprises | | | 4,441 | | | | - | | | | 4,441 | | | | - | | GSE - Mortgage-backed securities | | | 199,568 | | | | - | | | | 199,568 | | | | - | | Private label mortgage-backed securities | | | 25,825 | | | | - | | | | 25,825 | | | | - | | State and political subdivisions | | | 104,119 | | | | - | | | | 104,119 | | | | - | | Total available for sale securities | | $ | 341,558 | | | | - | | | | 341,558 | | | | - | | Mutual funds held in deferred compensation trust | | $ | 3,279 | | | | 3,279 | | | | - | | | | - | |
(Dollars in thousands) | | | | | | | | | | | | | | | December 31, 2025 | | | | Fair Value Measurements | | | Level 1 Valuation | | | Level 2 Valuation | | | Level 3 Valuation | | Available for sale securities: | | | | | | | | | | | | | U.S. Treasuries | | $ | 7,609 | | | | - | | | | 7,609 | | | | - | | U.S. Government sponsored enterprises | | | 5,202 | | | | - | | | | 5,202 | | | | - | | GSE - Mortgage-backed securities | | | 211,916 | | | | - | | | | 211,916 | | | | - | | Private label mortgage-backed securities | | | 42,062 | | | | - | | | | 42,062 | | | | - | | State and political subdivisions | | | 110,574 | | | | - | | | | 110,574 | | | | - | | Total available for sale securities | | $ | 377,363 | | | | - | | | | 377,363 | | | | - | | Mutual funds held in deferred compensation trust | | $ | 2,855 | | | | 2,855 | | | | - | | | | - | |
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| Schedule of carrying amount and estimated fair value of the Company's financial instruments |
(Dollars in thousands) | | | | | | | | | | | | | | | | | | | | | Fair Value Measurements at September 30, 2026 | | | | Carrying Amount | | | Level 1 | | | Level 2 | | | Level 3 | | | Total | | Assets: | | | | | | | | | | | | | | | | Cash and cash equivalents | | $ | 57,150 | | | | 57,150 | | | | - | | | | - | | | | 57,150 | | Investment securities available for sale | | | 341,558 | | | | - | | | | 341,558 | | | | - | | | | 341,558 | | Other investments | | | 2,551 | | | | - | | | | - | | | | 2,551 | | | | 2,551 | | Mortgage loans held for sale | | | 733 | | | | - | | | | 733 | | | | - | | | | 733 | | Loans, net | | | 1,292,240 | | | | - | | | | - | | | | 1,298,222 | | | | 1,298,222 | | Mutual funds held in deferred compensation trust | | | 3,279 | | | | 3,279 | | | | - | | | | - | | | | 3,279 | | | | | | | | | | | | | | | | | | | | | | | Liabilities: | | | | | | | | | | | | | | | | | | | | | Deposits | | $ | 1,567,815 | | | | - | | | | 1,569,463 | | | | - | | | | 1,569,463 | | Junior subordinated debentures | | | 15,464 | | | | - | | | | 15,464 | | | | - | | | | 15,464 | |
(Dollars in thousands) | | | | | | | | | | | | | | | | | | | | | Fair Value Measurements at December 31, 2025 | | | | Carrying Amount | | | Level 1 | | | Level 2 | | | Level 3 | | | Total | | Assets: | | | | | | | | | | | | | | | | Cash and cash equivalents | | $ | 58,105 | | | | 58,105 | | | | - | | | | - | | | | 58,105 | | Investment securities available for sale | | | 377,363 | | | | - | | | | 377,363 | | | | - | | | | 377,363 | | Other investments | | | 2,595 | | | | - | | | | - | | | | 2,595 | | | | 2,595 | | Mortgage loans held for sale | | | 1,136 | | | | - | | | | 1,136 | | | | - | | | | 1,136 | | Loans, net | | | 1,194,262 | | | | - | | | | - | | | | 1,197,371 | | | | 1,197,371 | | Mutual funds held in deferred compensation trust | | | 2,855 | | | | 2,855 | | | | - | | | | - | | | | 2,855 | | | | | | | | | | | | | | | | | | | | | | | Liabilities: | | | | | | | | | | | | | | | | | | | | | Deposits | | $ | 1,509,225 | | | | - | | | | 1,511,596 | | | | - | | | | 1,511,596 | | Junior subordinated debentures | | | 15,464 | | | | - | | | | 15,464 | | | | - | | | | 15,464 | |
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