FAIR VALUE MEASUREMENTS (Tables) |
9 Months Ended |
|---|---|
Sep. 30, 2025 | |
| Fair Value Measurements [Abstract] | |
| Schedule of Financial Assets and Financial Liabilities Measured at Fair Value on a Recurring Basis |
Level 1
Level 2
Level 3
Total
(Dollars in Thousands)
Inputs
Inputs
Inputs
Value
September 30, 2025
ASSETS:
Securities Available for
U.S. Government Treasury
$
273,314
$
-
$
-
$
273,314
U.S. Government Agency
-
162,685
-
162,685
States and Political Subdivisions
-
35,248
-
35,248
Mortgage-Backed Securities
-
52,940
-
52,940
Corporate Debt Securities
-
45,049
-
45,049
Equity Securities
-
-
2,145
2,145
Loans Held for Sale
-
24,204
-
24,204
Interest Rate Swap Derivative
-
3,877
-
3,877
Forward Sales Contracts
-
11
-
11
Residential Mortgage Loan Commitments ("IRLCs")
-
-
607
607
December 31, 2024
ASSETS:
Securities Available for
U.S. Government Treasury
$
105,801
$
-
$
-
$
105,801
U.S. Government Agency
-
143,127
-
143,127
States and Political Subdivisions
-
39,382
-
39,382
Mortgage-Backed Securities
-
55,477
-
55,477
Corporate Debt Securities
-
51,462
-
51,462
Equity Securities
-
-
2,399
2,399
Loans Held for Sale
-
28,672
-
28,672
Interest Rate Swap Derivative
-
5,319
-
5,319
Forward Sales Contracts
-
96
-
96
Residential Mortgage Loan Commitments ("IRLCs")
-
-
248
248
|
| Schedule of Financial Instruments with Estimated Fair Values |
September 30, 2025
Carrying
Level 1
Level 2
Level 3
(Dollars in Thousands)
Value
Inputs
Inputs
Inputs
ASSETS:
Cash
$
68,397
$
68,397
$
-
$
-
Fed Funds Sold and Interest Bearing Deposits
397,502
397,502
-
-
Investment Securities, Held to Maturity
404,659
169,264
224,861
-
Other Equity Securities
(1)
2,848
-
2,848
-
Mortgage Servicing Rights
885
-
-
1,412
Loans, Net of Allowance for Credit Losses
2,551,805
-
-
2,357,689
LIABILITIES:
Deposits
$
3,614,912
$
-
$
2,993,838
$
-
Short-Term
40,244
-
40,244
-
Subordinated Notes Payable
42,582
-
38,971
-
Long-Term Borrowings
680
-
680
-
December 31, 2024
Carrying
Level 1
Level 2
Level 3
(Dollars in Thousands)
Value
Inputs
Inputs
Inputs
ASSETS:
Cash
$
70,543
$
70,543
$
-
$
-
Fed Funds Sold and Interest Bearing Deposits
321,311
321,311
-
-
Investment Securities, Held to Maturity
567,155
361,529
182,931
-
Other Equity Securities
(1)
2,848
-
2,848
-
Mortgage Servicing Rights
933
-
-
1,616
Loans, Net of Allowance for Credit Losses
2,622,299
-
-
2,457,883
LIABILITIES:
Deposits
$
3,671,977
$
-
$
3,046,926
$
-
Short-Term
28,304
-
28,304
-
Subordinated Notes Payable
52,887
-
42,530
-
Long-Term Borrowings
794
-
794
-
(1)
Accounted for under the equity method – not readily
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