Norwood Financial (NWFL) 10-Q 12 May 23 2023 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2023	May 01, 2023
Document And Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2023
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Transition Report	false
Entity File Number	0-28364
Entity Registrant Name	Norwood Financial Corp
Entity Incorporation, State or Country Code	PA
Entity Tax Identification Number	23-2828306
Entity Address, Address Line One	717 Main Street
Entity Address, City or Town	Honesdale
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	18431
City Area Code	570
Local Phone Number	253-1455
Title of 12(b) Security	Common Stock, par value $0.10 per share
Trading Symbol	NWFL
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		8,114,165
Entity Central Index Key	0001013272
Amendment Flag	false
Document Fiscal Period Focus	Q1

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
ASSETS
Cash and due from banks	$ 25,701	$ 28,847
Interest-bearing deposits with banks	3,314	3,019
Cash and cash equivalents	29,015	31,866
Securities available for sale, at fair value (net of allowance for credit losses of $0)	418,245	418,927
Loans receivable, net of allowance for credit losses of $19,445 and $16,999)	1,516,198	1,456,946
Regulatory stock, at cost	5,963	5,418
Bank premises and equipment, net	17,660	17,924
Bank owned life insurance	45,577	43,364
Accrued interest receivable	6,633	6,917
Foreclosed real estate owned	346	346
Deferred tax assets, net	22,164	23,549
Goodwill	29,266	29,266
Other intangibles	283	306
Other assets	13,013	12,241
Total Assets	2,104,363	2,047,070
Deposits:
Non-interest bearing demand	419,615	434,529
Interest-bearing	1,336,320	1,293,198
Total Deposits	1,755,935	1,727,727
Short-term borrowings	108,555	93,215
Other borrowings	40,189	40,000
Accrued interest payable	4,703	2,653
Other liabilities	18,566	16,390
Total Liabilities	1,927,948	1,879,985
STOCKHOLDERS' EQUITY
Preferred stock, no par value per share, authorized: 5,000,000 shares; issued: none
Common stock, $0.10 par value per share, authorized: 20,000,000 shares, issued: 2023: 8,291,401 shares, 2022: 8,291,401 shares	829	829
Surplus	97,063	96,897
Retained earnings	131,416	130,020
Treasury stock at cost: 2023: 110,400 shares; 2022: 124,650 shares	(2,930)	(3,308)
Accumulated other comprehensive loss	(49,963)	(57,353)
Total Stockholders' Equity	176,415	167,085
Total Liabilities and Stockholders' Equity	$ 2,104,363	$ 2,047,070

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Consolidated Balance Sheets [Abstract]
Securities available for sale, at fair value, allowance for credit losses	$ 0	$ 0
Net of Allowance for Loan losses	$ 19,445	$ 16,999
Preferred Stock, No Par Value
Preferred Stock, Shares Authorized	5,000,000	5,000,000
Preferred Stock, Shares Issued	0	0
Common Stock, Par Value Per Share	$ 0.10	$ 0.10
Common Stock, Shares Authorized	20,000,000	20,000,000
Common Stock, Shares, Issued	8,291,401	8,291,401
Treasury Stock, Shares	110,400	124,650

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
INTEREST INCOME
Loans receivable, including fees	$ 19,158	$ 15,375
Securities	2,505	1,894
Other	48	78
Total Interest Income	21,711	17,347
INTEREST EXPENSE
Deposits	4,362	1,059
Short-term borrowings	779	48
Other borrowings	477	139
Total Interest Expense	5,618	1,246
NET INTEREST INCOME	16,093	16,101
PROVISION FOR CREDIT LOSS EXPENSE	300	300
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES	15,793	15,801
OTHER INCOME
Other income	1,677	3,144
Net realized gains on sales of securities	2
Gain on sales of foreclosed real estate owned		427
Earnings and proceeds on bank owned life insurance	213	176
Other	172	1,063
Total Other Income	1,912	3,338
OTHER EXPENSES
Salaries and employee benefits	5,969	5,431
Occupancy, furniture & equipment, net	1,262	1,307
Data processing and related operations	768	628
Taxes, other than income	161	294
Professional fees	285	575
Federal Deposit Insurance Corporation insurance	200	183
Foreclosed real estate	29	53
Amortization of intangibles	23	27
Other	1,739	1,659
Total Other Expenses	10,436	10,157
INCOME BEFORE INCOME TAXES	7,269	8,982
INCOME TAX EXPENSE	1,487	1,854
NET INCOME	$ 5,782	$ 7,128
BASIC EARNINGS PER SHARE	$ 0.71	$ 0.87
DILUDED EARNINGS PER SHARE	$ 0.71	$ 0.87
Service Charges And Fees [Member]
OTHER INCOME
Other income	$ 1,313	$ 1,470
Income From Fiduciary Activities [Member]
OTHER INCOME
Other income	$ 212	$ 202

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Consolidated Statements of Comprehensive Income (Loss) [Abstract]
Net income	$ 5,782	$ 7,128
Investment securities available for sale:
Unrealized holding gains (losses)	9,355	(29,708)
Tax Effect	(1,963)	6,239
Reclassification of investment securities gains recognized in net income	(2)
Other comprehensive income (loss)	7,390	(23,469)
Comprehensive Income (Loss)	$ 13,172	$ (16,341)

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders’ Equity - USD ($) $ in Thousands	Common Stock [Member]	Surplus [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
Beginning balance at Dec. 31, 2021	$ 827	$ 96,443	$ 110,015	$ (1,767)	$ (256)	$ 205,262
Beginning balance, shares at Dec. 31, 2021	8,266,751			65,328
Net Income			7,128			7,128
Other comprehensive income (loss)					(23,469)	(23,469)
Cash dividends declared			(2,298)			(2,298)
Acquisition of treasury stock, shares				511
Acquisition of treasury stock				$ (13)		(13)
Compensation expense related to restricted stock		82				82
Stock options exercised		27		$ 20		47
Stock options exercised, shares	1,650			(750)
Compensation expense related to stock options		67				67
Ending balance, shares at Mar. 31, 2022	8,268,401			65,089
Ending balance at Mar. 31, 2022	$ 827	96,619	114,845	$ (1,760)	(23,725)	186,806
Beginning balance (Accounting Standards Update 2016-13 [Member]) at Dec. 31, 2022			(2,011)			(2,011)
Beginning balance at Dec. 31, 2022	$ 829	96,897	130,020	$ (3,308)	(57,353)	167,085
Beginning balance, shares at Dec. 31, 2022	8,291,401			124,650
Net Income			5,782			5,782
Other comprehensive income (loss)					7,390	7,390
Cash dividends declared			(2,375)			(2,375)
Compensation expense related to restricted stock		114				114
Stock options exercised		(44)		$ 378		$ 334
Stock options exercised, shares				(14,250)		14,250
Compensation expense related to stock options		96				$ 96
Ending balance, shares at Mar. 31, 2023	8,291,401			110,400
Ending balance at Mar. 31, 2023	$ 829	$ 97,063	$ 131,416	$ (2,930)	$ (49,963)	$ 176,415

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders’ Equity (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Consolidated Statements of Changes in Stockholders’ Equity [Abstract]
Cash dividends declared	$ 0.29	$ 0.28

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income	$ 5,782	$ 7,128
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses	300	300
Depreciation	355	372
Amortization of intangible assets	23	27
Deferred income taxes	(579)	258
Net amortization of securities premiums and discounts	233	395
Net realized gain on sales of securities	(2)
Earnings and proceeds on life insurance policies	(213)	(176)
Gain on sales and write-downs of fixed assets and foreclosed real estate owned, net		(427)
Net amortization of loan fees	129	(280)
Compensation expense related to stock options	96	67
Compensation expense related to restricted stock	114	82
Decrease in accrued interest receivable	284	13
Increase (decrease) in accrued interest payable	2,050	(43)
Other, net	1,533	1,671
Net cash provided by operating activities	10,105	9,387
Securities available for sale:
Proceeds from sales	1,982
Proceeds from maturities and principal reductions on mortgage-backed securities	7,824	13,254
Purchases		(71,498)
Purchase of regulatory stock	(3,685)	(106)
Redemption of regulatory stock	3,140	610
Net increase in loans	(61,828)	(16,142)
Purchase of bank-owned life insurance	(2,000)
Purchase of premises and equipment	(91)	(105)
Proceeds from sales of foreclosed real estate owned		1,579
Net cash used in investing activities	(54,658)	(72,408)
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase in deposits	28,208	24,984
Net increase in short-term borrowings	15,340	2,800
Repayments of other borrowings	(9,811)	(3,154)
Proceeds from other borrowings	10,000
Stock options exercised	334	47
Purchase of treasury stock		(13)
Cash dividends paid	(2,369)	(2,298)
Net cash provided by financing activities	41,702	22,366
Decrease in cash and cash equivalents	(2,851)	(40,655)
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD	31,866	206,681
CASH AND CASH EQUIVALENTS - END OF PERIOD	29,015	166,026
Cash payments for:
Interest paid	3,568	1,289
Income taxes paid, net of refunds	189	106
Supplemental Schedule of Noncash Investing Activities:
Transfers of loans to foreclosed real estate owned and repossession of other assets	454	67
Dividends payable	$ 2,372	$ 2,298

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2023
Basis of Presentation [Abstract]
Basis of Presentation	1. Basis of Presentation The unaudited consolidated financial statements include the accounts of Norwood Financial Corp (the “Company”) and its wholly-owned subsidiary, Wayne Bank (the “Bank”) and the Bank’s wholly-owned subsidiaries, WCB Realty Corp., Norwood Investment Corp., and WTRO Properties, Inc. All significant intercompany accounts and transactions have been eliminated in consolidation. The accompanying unaudited consolidated financial statements have been prepared in conformity with generally accepted accounting principles for interim financial statements and with instructions to Form 10-Q. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In preparing the financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet and revenues and expenses for the period. Actual results could differ from those estimates. The financial statements reflect, in the opinion of management, all normal, recurring adjustments necessary to present fairly the consolidated financial position and results of operations of the Company. The operating results for the three-months ended March 31, 2023 are not necessarily indicative of the results that may be expected for the year ending December 31, 2023 or any other future interim period. Accounting Pronouncements Adopted in 2023 In June 2016, the FASB issued ASU No. 2016-13, " Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments" and subsequent related updates. This ASU replaces the incurred loss methodology for recognizing credit losses and requires the Company to measure the current expected credit losses (CECL) on financial assets measured at amortized cost, including loans, off-balance sheet credit exposures such as unfunded commitments, and other financial instruments. In addition, ASC 326 requires credit losses on available-for-sale debt securities to be presented as an allowance rather than as a write-down when management does not intend to sell or believes that it is not more likely than not they will be required to sell. This guidance became effective on January 1, 2023 for the Bank. The results reported for periods beginning after January 1, 2023 are presented under ASC 326 while prior period amounts continue to be reported in accordance with previously applicable accounting standards. The Bank adopted this guidance, and subsequent related updates, using the modified retrospective approach for all financial assets measured at amortized cost, including loans, available-for-sale debt securities and unfunded commitments. On January 1, 2023, the Bank recorded a cumulative effect decrease to retained earnings of $ 1,751,000 related to loans, $ 260,000 related to unfunded commitments, and $ 0 related to available-for-sale securities. The Bank adopted the provisions of ASC 326 related to financial assets purchased with credit deterioration (PCD) that were previously classified as purchased credit impaired (PCI) and accounted for under ASC 310-30 using the prospective transition approach. In accordance with the standard, management did not reassess whether PCI assets met the criteria of PCD assets as of the date of adoption. On January 1, 2023, the amortized cost basis of the PCD assets were adjusted to reflect the addition of $ 250,000 of the allowance for credit losses (ACL). The Bank adopted the provisions of ASC 326 related to presenting other-than-temporary impairment on available-for-sale debt securities prior to January 1, 2023 using the prospective transition approach, though no such charges had been recorded on the securities held by the Bank as of the date of adoption. The impact of the change from the incurred loss model to the current expected credit loss model is detailed below (in thousands). January 1, 2023 Pre-adoption Adoption Impact As Reported Assets ACL on debt securities available for sale $ - $ - $ - ACL on loans Residential real estate 2,833 ( 1,545 ) 1,288 Commercial real estate 8,293 5,527 13,820 Agricultural 259 ( 200 ) 59 Construction 409 388 797 Commercial loans 2,445 ( 1,156 ) 1,289 Other agricultural loans 124 3 127 Consumer 2,636 ( 551 ) 2,085 Liabilities ACL for unfunded commitments - 329 329 $ 16,999 $ 2,795 $ 19,794 Purchased Credit Deteriorated (“PCD”) Loans The Bank has purchased loans, some of which have experienced more than insignificant credit deterioration since origination. A loan is considered a PCD loan if, at acquisition, it is probable that the Company will be unable to collect all contractually required payments receivable. PCD loans are recorded at the amount paid. An allowance for credit losses is determined using the same methodology as other loans held for investment. The initial allowance for credit losses determined on a collective basis is allocated to individual loans. The sum of the loan’s purchase price and allowance for credit losses becomes its initial amortized cost basis. The difference between the initial amortized cost basis and the par value of the loan is a noncredit discount or premium, which is amortized into interest income over the life of the loan. Subsequent changes to the allowance for credit losses are recorded through credit loss expense. Allowance for Credit Losses - Loans The allowance for credit losses is a valuation reserve established and maintained by charges against income and is deducted from the amortized cost basis of loans to present the net amount expected to be collected on the loans. Loans, or portions thereof, are charged off against the ACL when they are deemed uncollectible. Expected recoveries do not exceed the aggregate of amounts previously charged-off and expected to be charged-off. The ACL is an estimate of expected credit losses, measured over the contractual life of a loan, that considers our historical loss experience, current conditions and forecasts of future economic conditions. Determination of an appropriate ACL is inherently subjective and may have significant changes from period to period. The methodology for determining the ACL has two main components: evaluation of expected credit losses for certain groups of homogeneous loans that share similar risk characteristics and evaluation of loans that do not share risk characteristics with other loans. The allowance for credit losses is measured on a collective (pool) basis when similar risk characteristics exist. The Company’s loan portfolio is segmented by loan types that have similar risk characteristics and behave similarly during economic cycles. Historical credit loss experience is the basis for the estimation of expected credit losses. We apply historical loss rates to pools of loans with similar risk characteristics. After consideration of the historic loss calculation, management applies qualitative adjustments to reflect the current conditions and reasonable and supportable forecasts not already reflected in the historical loss information at the balance sheet date. Our reasonable and supportable forecast adjustment is based on a preferred group of macroeconomic indicators used to create projections of economic conditions, obtained from the St. Louis Federal Reserve economic database. The Company selected nine metrics which was correlated with the bank and its peer group’s historical loss patterns. The adjustments are then weighted for relevance before applying to each pool. Future macroeconomic forecast adjustments are then obtained using and eight-quarter moving average for each metric for the reasonable and supportable period. Each quarter, management reviews the recommended adjustment factors and applies any additional adjustments based on local and current conditions The Bank has elected to exclude accrued interest receivable from the measurement of its ACL. When a loan is placed on non-accrual status, any outstanding accrued interest is reversed against interest income. The ACL for individual loans begins with the use of normal credit review procedures to identify whether a loan no longer shares similar risk characteristics with other pooled loans and therefore, should be individually assessed. We evaluate all commercial loans that meet the following criteria: (1) when it is determined that foreclosure is probable, (2) substandard, doubtful and nonperforming loans when repayment is expected to be provided substantially through the operation or sale of the collateral, (3) when it is determined by management that a loan does not share similar risk characteristics with other loans. Specific reserves are established based on the following three acceptable methods for measuring the ACL: 1) the present value of expected future cash flows discounted at the loan’s original effective interest rate; 2) the loan’s observable market price; or 3) the fair value of the collateral when the loan is collateral dependent. Our individual loan evaluations consist primarily of the fair value of collateral method because most of our loans are collateral dependent. Collateral values are discounted to consider disposition costs when appropriate. A specific reserve is established or a charge-off is taken if the fair value of the loan is less than the loan balance. Allowance for Credit Losses on Off-Balance Sheet Credit Exposures The Bank estimates expected credit losses over the contractual period in which the Bank is exposed to credit risk via a contractual obligation to extend credit, unless that obligation is unconditionally cancellable by the Bank. The allowance for credit losses on off-balance sheet credit exposures is adjusted through credit loss expense. The estimate includes consideration of the likelihood that funding will occur and an estimate of expected credit losses on commitments expected to be funded over its estimated life. Allowance for Credit Losses – Available for Sale Securities The Bank measures expected credit losses on available-for-sale debt securities when the Bank does not intend to sell, or when it is not more likely than not that it will be required to sell, the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security's amortized cost basis is written down to fair value through income. For available-for-sale debt securities that do not meet the aforementioned criteria, the Bank evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, the Bank considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security, among other factors. If this evaluation indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an allowance for credit losses is recorded for the credit loss, equal to the amount that the fair value is less than the amortized cost basis. Economic forecast data is utilized to calculate the present value of expected cash flows. The Bank obtains its forecast data through a subscription to a widely recognized and relied upon company who publishes various forecast scenarios. Management evaluates the various scenarios to determine a reasonable and supportable scenario, and utilizes a single scenario in the model. Any impairment that has not been recorded through an allowance for credit losses is recognized in other comprehensive income. The allowance for credit losses on available-for-sale debt securities is included within Investment securities available-for-sale on the consolidated balance sheet. Changes in the allowance for credit losses are recorded within Provision for credit losses on the consolidated statement of income. Losses are charged against the allowance when the Bank believes the collectability of an available-for-sale security is in jeopardy or when either of the criteria regarding intent or requirement to sell is met. Accrued interest receivable on available-for-sale debt securities totaled $ 1,762,000 at March 31, 2023 and is included within accrued interest receivable on the consolidated balance sheet. This amount is excluded from the estimate of expected credit losses. Available-for-sale debt securities are typically classified as nonaccrual when the contractual payment of principal or interest has become 90 days past due or management has serious doubts about the further collectability of principal or interest. When available-for-sale debt securities are placed on nonaccrual status, unpaid interest credited to income is reversed .

Revenue Recognition

Revenue Recognition	3 Months Ended
	Mar. 31, 2023
Revenue Recognition [Abstract]
Revenue Recognition	2. Revenue Recognition Under ASC Topic 606, management determined that the primary sources of revenue emanating from interest and dividend income on loans and investments along with noninterest revenue resulting from investment security gains, loan servicing, gains on the sale of loans sold and earnings on bank-owned life insurance are not within the scope of this Topic. The following presents noninterest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for the three months ended March 31: Three months ended March 31, (dollars in thousands) Noninterest Income 2023 2022 In-scope of Topic 606: Service charges on deposit accounts $ 103 $ 99 ATM fees 106 105 Overdraft fees 320 288 Safe deposit box rental 26 22 Loan related service fees 153 269 Debit card fees 559 628 Fiduciary activities 212 202 Commissions on mutual funds and annuities 26 41 Gains on sales of other real estate owned — 427 Other income 172 1,063 Noninterest Income ( in-scope of Topic 606 ) 1,677 3,144 Out-of-scope of Topic 606: Net realized gains on sales of securities 2 — Loan servicing fees 20 18 Earnings on and proceeds from bank-owned life insurance 213 176 Noninterest Income ( out-of-scope of Topic 606 ) 235 194 Total Noninterest Income $ 1,912 $ 3,338

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Earnings Per Share	3. Earnings Per Share Basic earnings per share represents income available to common stockholders divided by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflect additional common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income that would result from the assumed issuance. Potential common shares that may be issued by the Company relate solely to outstanding stock options and restricted stock, and are determined using the treasury stock method. The following table sets forth the weighted average shares outstanding used in the computations of basic and diluted earnings per share. (in thousands) Three Months Ended March 31, 2023 2022 Weighted average shares outstanding 8,176 8,203 Less: Unvested restricted shares ( 45 ) ( 32 ) Basic EPS weighted average shares outstanding 8,131 8,171 Basic EPS weighted average shares outstanding 8,131 8,171 Add: Dilutive effect of stock options and restricted shares 17 25 Diluted EPS weighted average shares outstanding 8,148 8,196 For the three month period ended March 31, 2023, there were 110,350 stock options that were anti-dilutive and thereby excluded from the earnings per share calculations based upon the closing price of the Company’s common stock of $ 29.42 per share as of March 31, 2023. For the three month period ended March 31, 2022, there were 74,350 stock options that were anti-dilutive and thereby excluded from the earnings per share calculations based upon the closing price of Norwood common stock of $ 28.59 per share as of March 31, 2022.

Stock Based Compensation

Stock Based Compensation	3 Months Ended
	Mar. 31, 2023
Stock Based Compensation [Abstract]
Stock-Based Compensation	4. Stock-Based Compensation During the three-month period ended March 31, 2023, 2,500 stock options were granted. As of March 31, 2023, there was $ 287,000 of total unrecognized compensation cost related to non-vested options granted in 2022 and 2023 under the 2014 Equity Incentive Plan, which will be fully amortized by December 31, 2023. Compensation costs related to stock options amounted to $ 96,000 and $ 67,000 during the three-month periods ended March 31, 2023 and 2022, respectively. A summary of the Company’s stock option activity for the three-month period ended March 31, 2023 is as follows: Weighted Average Exercise Weighted Average Aggregate Price Remaining Intrinsic Value Options Per Share Contractual Term ($000) Outstanding at January 1, 2023 218,975 $ 28.70 6.8 Yrs. $ 1,100 Granted 2,500 29.60 10.0 Exercised ( 14,250 ) 23.39 5.7 Forfeited — - - Outstanding at March 31, 2023 207,225 $ 29.07 6.7 Yrs. $ 528 Exercisable at March 31, 2023 166,725 $ 28.04 5.9 Yrs. $ 528 Intrinsic value represents the amount by which the market price of the stock on the measurement date exceeded the exercise price of the option. The market price was $ 29.42 per share as of March 31, 2023 and $ 33.44 per share as of December 31, 2022. A summary of the Company’s restricted stock activity for the three-month periods ended March 31, 2023 and 2022 is as follows: 2023 2022 Weighted-Average Weighted-Average Number of Grant Date Number of Grant Date Restricted Stock Fair Value Restricted Stock Fair Value Non-vested, January 1, 44,460 $ 30.12 32,030 $ 26.76 Granted — — — — Vested — — — — Forfeited — — — — Non-vested, March 31, 44,460 $ 30.12 32,030 $ 26.76 The expected future compensation expense relating to the 44,460 shares of non-vested restricted stock outstanding as of March 31, 2023 is $ 1,180,000 . This cost will be recognized over the remaining vesting period of 3.5 years. Compensation costs related to restricted stock amounted to $ 114,000 and $ 82,000 during the three-month periods ended March 31, 2023 and 2022, respectively.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	3 Months Ended
	Mar. 31, 2023
Accumulated Other Comprehensive Income (Loss) [Abstract]
Accumulated Other Comprehensive Income (Loss)	5. Accumulated Other Comprehensive Income (Loss) The following table presents the changes in accumulated other comprehensive income (loss) (in thousands) by component net of tax for the three months ended March 31, 2023 and 2022: Unrealized gains (losses) on available for sale securities (a) Balance as of December 31, 2022 $ ( 57,353 ) Other comprehensive loss before reclassification 7,392 Amount reclassified from accumulated other comprehensive loss ( 2 ) Total other comprehensive loss 7,390 Balance as of March 31, 2023 $ ( 49,963 ) Unrealized gains (losses) on available for sale securities (a) Balance as of December 31, 2021 $ ( 256 ) Other comprehensive loss before reclassification ( 23,469 ) Amount reclassified from accumulated other comprehensive income - Total other comprehensive loss ( 23,469 ) Balance as of March 31, 2022 $ ( 23,725 ) (a) All amounts are net of tax. Amounts in parentheses indicate debits. The following table presents significant amounts reclassified out of each component of accumulated other comprehensive income (loss) (in thousands) for the three months ended March 31, 2023 and 2022: Amount Reclassified From Accumulated Other Comprehensive Income (Loss) (a) Affected Line Item in Three months ended Consolidated March 31, Statements Details about other comprehensive income 2023 2022 of Income Unrealized gains on available for sale securities $ 2 $ — Net realized gains on sales of securities Tax effect — — Income tax expense $ 2 $ — (a) Amounts in parentheses indicate debits to net income

Off-Balance Sheet Financial Ins

Off-Balance Sheet Financial Instruments and Guarantees	3 Months Ended
	Mar. 31, 2023
Off-Balance Sheet Financial Instruments and Guarantees [Abstract]
Off-Balance Sheet Financial Instruments and Guarantees	6. Off-Balance Sheet Financial Instruments and Guarantees The Bank is a party to financial instruments with off-balance-sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and letters of credit. Those instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the balance sheets. The Bank’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and letters of credit is represented by the contractual amount of those instruments. The Bank uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments. A summary of the Bank’s financial instrument commitments is as follows: (in thousands) March 31, 2023 2022 Commitments to grant loans $ 92,602 $ 82,444 Unfunded commitments under lines of credit 166,507 136,710 Standby letters of credit 15,538 5,606 $ 274,647 $ 224,760 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since some of the commitments are expected to expire without being drawn upon, the total commitment amount does not necessarily represent future cash requirements. The Bank evaluates each customer’s credit worthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Bank upon extension of credit, is based on management’s credit evaluation of the customer and generally consists of real estate. The Bank does not issue any guarantees that would require liability recognition or disclosure, other than its standby letters of credit. Standby letters of credit written are conditional commitments issued by the Bank to guarantee the performance of a customer to a third party. Generally, all letters of credit, when issued, have expiration dates within one year. The credit risk involved in issuing letters of credit is essentially the same as those that are involved in extending loan facilities to customers. The Bank, generally, holds collateral and/or personal guarantees supporting these commitments. Management believes that the proceeds obtained through a liquidation of collateral and the enforcement of guarantees would be sufficient to cover the potential amount of future payments required under the corresponding guarantees. The current amount of the liability as of March 31, 2023 for guarantees under standby letters of credit issued is not material.

Securities

Securities	3 Months Ended
	Mar. 31, 2023
Securities [Abstract]
Securities	7 . Securities The amortized cost, gross unrealized gains and losses, approximate fair value, and allowance for credit losses of securities available for sale were as follows: March 31, 2023 Gross Gross Allowance Amortized Unrealized Unrealized for Credit Fair Cost Gains Losses Losses Value (In Thousands) Available for Sale: U.S. Treasury securities $ 45,106 $ - $ ( 2,674 ) $ - $ 42,432 U.S. Government agencies 21,296 - ( 2,656 ) - 18,640 States and political subdivisions 153,899 — ( 24,450 ) - 129,449 Mortgage-backed securities- - government sponsored entities 261,920 — ( 34,196 ) - 227,724 Total debt securities $ 482,221 $ — $ ( 63,976 ) $ - $ 418,245 December 31, 2022 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value (In Thousands) Available for Sale: U.S. Treasury securities $ 45,066 $ - $ ( 3,212 ) $ 41,854 U.S. Government agencies 21,266 - ( 2,943 ) 18,323 States and political subdivisions 157,524 2 ( 29,674 ) 127,852 Mortgage-backed securities-government - sponsored entities 268,400 - ( 37,502 ) 230,898 Total debt securities $ 492,256 $ 2 $ ( 73,331 ) $ 418,927 The following tables summarize debt securities available for sale in an loss position for which an allowance for credit losses has not been recorded, aggregated by security type and length of time that individual securities have been in a continuous unrealized loss position (in thousands): March 31, 2023 Less than 12 Months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. Treasury securities $ 23,162 $ ( 449 ) $ 19,270 $ ( 2,225 ) $ 42,432 $ ( 2,674 ) U.S. Government agencies 4,805 ( 91 ) 13,835 ( 2,565 ) 18,640 ( 2,656 ) States and political subdivisions 16,673 ( 508 ) 110,786 ( 23,942 ) 127,459 ( 24,450 ) Mortgage-backed securities-government sponsored entities 31,520 ( 1,675 ) 196,204 ( 32,521 ) 227,724 ( 34,196 ) $ 76,160 $ ( 2,723 ) $ 340,095 $ ( 61,253 ) $ 416,255 $ ( 63,976 ) December 31, 2022 Less than 12 Months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. Treasury securities $ 25,733 $ ( 849 ) $ 16,121 $ ( 2,363 ) $ 41,854 $ ( 3,212 ) U.S. Government agencies 8,321 ( 885 ) 10,002 ( 2,058 ) 18,323 ( 2,943 ) States and political subdivisions 66,680 ( 11,194 ) 57,367 ( 18,480 ) 124,047 ( 29,674 ) Mortgage-backed securities-government sponsored entities 102,361 ( 10,639 ) 128,537 ( 26,863 ) 230,898 ( 37,502 ) $ 203,095 $ ( 23,567 ) $ 212,027 $ ( 49,764 ) $ 415,122 $ ( 73,331 ) At March 31, 2023, the Company had 62 debt securities in an unrealized loss position in the less than twelve months category and 277 debt securities in the twelve months or more category. In Management’s opinion the unrealized losses reflect changes in interest rates subsequent to the acquisition of specific securities. The Company concluded that the decline in the value of these securities was not indicative of a credit loss. The Company did not recognize any credit losses on these available for sale debt securities for the three months ended March 31, 2023, or other-than-temporary impairment charges for the three months ended March 31, 2022. The Company does not have the intent to sell the securities and it is more likely than not that it will not have to sell the securities before recovery of its cost basis. The amortized cost and fair value of debt securities as of March 31, 2023 by contractual maturity are shown below. Expected maturities may differ from contractual maturities because borrowers may have the right to prepay obligations with or without call or prepayment penalties. Available for Sale Amortized Cost Fair Value (In Thousands) Due in one year or less $ 8,861 $ 8,760 Due after one year through five years 44,287 41,964 Due after five years through ten years 53,101 44,528 Due after ten years 114,052 95,269 220,301 190,521 Mortgage-backed securities-government sponsored entities 261,920 227,724 $ 482,221 $ 418,245 Gross realized gains and gross realized losses on sales of securities available for sale were as follows (in thousands): Three Months Ended March 31, 2023 2022 Gross realized gains $ 4 $ — Gross realized losses ( 2 ) — Net realized gain $ 2 $ — Proceeds from sales of securities $ 1,982 $ — Securities with a carrying value of $ 373,184,000 and $ 378,472,000 at March 31, 2023 and December 31, 2022, respectively, were pledged to secure public deposits, securities sold under agreements to repurchase and for other purposes as required or permitted by law.

Loans Receivable and Allowance

Loans Receivable and Allowance for Loan Losses	3 Months Ended
	Mar. 31, 2023
Loans Receivable and Allowance for Loan Losses [Abstract]
Loans Receivable and Allowance for Loan Losses	8. Loans Receivable and Allowance for Loan Losses Set forth below is selected data relating to the composition of the loan portfolio at the dates indicated (dollars in thousands): March 31, 2023 December 31, 2022 Real Estate Loans: Residential $ 301,711 19.7 % $ 298,813 20.3 % Commercial 668,386 43.5 651,544 44.2 Agricultural 68,381 4.5 68,915 4.7 Construction 32,391 2.1 32,469 2.2 Commercial loans 207,888 13.5 187,257 12.7 Other agricultural loans 34,033 2.2 35,277 2.4 Consumer loans to individuals 223,247 14.5 200,149 13.5 Total loans 1,536,037 100.0 % 1,474,424 100.0 % Deferred fees, net ( 394 ) ( 479 ) Total loans receivable 1,535,643 1,473,945 Allowance for credit losses ( 19,445 ) ( 16,999 ) Net loans receivable $ 1,516,198 $ 1,456,946 Foreclosed assets acquired in settlement of loans are carried at fair value less estimated costs to sell and are included in foreclosed real estate owned on the Consolidated Balance Sheets. As of March 31, 2023 and December 31, 2022, foreclosed real estate owned totaled $ 346,000 and $ 346,000 , respectively. During the three months ended March 31, 2023, there were no additions or deletions to the foreclosed real estate category. As of March 31, 2023, the Company has initiated formal foreclosure proceedings on four properties classified as consumer residential mortgages with an aggregate carrying value of $ 244,000 . The following table shows the amount of loans in each category that were individually and collectively evaluated for credit loss: Real Estate Loans Commercial Other Consumer Residential Commercial Agricultural Construction Loans Agricultural Loans Total March 31, 2023 (In thousands) Individually evaluated $ — $ 290 $ — $ — $ 65 $ — $ — $ 355 Collectively evaluated 301,711 668,096 68,381 32,391 207,823 34,033 223,247 1,535,682 Total Loans $ 301,711 $ 668,386 $ 68,381 $ 32,391 $ 207,888 $ 34,033 $ 223,247 $ 1,536,037 The following table shows the amount of loans in each category that were individually and collectively evaluated for impairment at the dates indicated: Real Estate Loans Commercial Other Consumer Residential Commercial Agricultural Construction Loans Agricultural Loans Total (In thousands) December 31, 2022 Individually evaluated for impairment $ - $ 402 $ — $ - $ 61 $ — $ - $ 463 Loans acquired with deteriorated credit quality 567 2,049 2,034 - 1,640 — - 6,290 Collectively evaluated for impairment 298,246 649,093 66,881 32,469 185,556 35,277 200,149 1,467,671 Total Loans $ 298,813 $ 651,544 $ 68,915 $ 32,469 $ 187,257 $ 35,277 $ 200,149 $ 1,474,424 The following table includes the recorded investment and unpaid principal balances for impaired loans with the associated allowance amount, if applicable. Unpaid Recorded Principal Associated Investment Balance Allowance December 31, 2022 (in thousands) With no related allowance recorded: Real Estate Loans: Commercial $ 402 $ 402 $ — Commercial Loans 11 11 — Subtotal 413 413 — With an allowance recorded: Real Estate Loans Commercial 50 50 50 Subtotal 50 50 50 Total: Real Estate Loans: Commercial 402 402 — Commercial Loans 61 61 50 Total Impaired Loans $ 463 $ 463 $ 50 The following table presents the average recorded investment in impaired loans and the related amount of interest income recognized during the three-month period ended March 31, 2022 (in thousands): Average Recorded Interest Income Investment Recognized 2022 2022 Real Estate Loans: Commercial $ 1,650 $ 17 Commercial Loans 16 — Total $ 1,666 $ 17 Management uses an eight point internal risk rating system to monitor the credit quality of the overall loan portfolio. The first four categories are considered not criticized, and are aggregated as “Pass” rated. The criticized rating categories utilized by management generally follow bank regulatory definitions. The Special Mention category includes assets that are currently protected but are potentially weak, resulting in an undue and unwarranted credit risk, but not to the point of justifying a Substandard classification. Loans in the Substandard category have well-defined weaknesses that jeopardize the liquidation of the debt, and have a distinct possibility that some loss will be sustained if the weaknesses are not corrected. All loans greater than 90 days past due are considered Substandard. Any portion of a loan that has been charged off is placed in the Loss category. To help ensure that risk ratings are accurate and reflect the present and future capacity of borrowers to repay a loan as agreed, the Bank has a structured loan rating process with several layers of internal and external oversight. Generally, consumer and residential mortgage loans are included in the Pass categories unless a specific action, such as nonperformance, repossession, or death occurs to raise awareness of a possible credit event. The Company’s Loan Review Department is responsible for the timely and accurate risk rating of the loans on an ongoing basis. Every credit which must be approved by Loan Committee or the Board of Directors is assigned a risk rating at time of consideration. Loan Review also annually reviews relationships of $ 1,500,000 and over to assign or re-affirm risk ratings. Management further monitors the performance and credit quality of the loan portfolio by analyzing the age of the portfolio as determined by the length of time a recorded payment is past due. The following table presents the classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans as of March 31, 2023 and December 31, 2022 (in thousands): Current 31-60 Days Past Due 61-90 Days Past Due Greater than 90 Days Past Due and still accruing Non-accrual Total Past Due and Non-Accrual Total Loans March 31, 2023 Real Estate loans Residential $ 300,268 $ 978 $ 28 $ - $ 437 $ 1,443 $ 301,711 Commercial 665,992 453 - - 1,941 2,394 668,386 Agricultural 68,381 - - - - - 68,381 Construction 32,368 23 - - - 23 32,391 Commercial loans 207,466 221 86 - 115 422 207,888 Other agricultural loans 34,033 - - - - 34,033 Consumer loans 222,217 773 36 - 221 1,030 223,247 Total $ 1,530,725 $ 2,448 $ 150 $ - $ 2,714 $ 5,312 $ 1,536,037 Current 31-60 Days Past Due 61-90 Days Past Due Greater than 90 Days Past Due and still accruing Non-accrual Total Past Due and Non-Accrual Purchased Credit Impaired Loans Total Loans December 31, 2022 Real Estate loans Residential $ 297,350 $ 187 $ 223 $ - $ 486 $ 896 $ 567 $ 298,813 Commercial 648,688 405 - - 402 807 2,049 651,544 Agricultural 66,751 130 - - 130 2,034 68,915 Construction 32,469 - - - - - - 32,469 Commercial loans 185,485 71 - - 61 132 1,640 187,257 Other agricultural loans 35,277 - - - - - 35,277 Consumer loans 198,893 853 239 - 164 1,256 - 200,149 Total $ 1,464,913 $ 1,646 $ 462 $ - $ 1,113 $ 3,221 $ 6,290 $ 1,474,424 Management reviews the loan portfolio on a quarterly basis using a defined, consistently applied process in order to make appropriate and timely adjustments to the allowance for credit losses. When information confirms all or part of specific loans to be uncollectible, these amounts are promptly charged off against the allowance. The following table presents the allowance for credit losses by the classes of the loan portfolio: (In thousands) Residential Real Estate Commercial Real Estate Agricultural Construction Commercial Other Agricultural Consumer Total Beginning balance, December 31, 2022 $ 2,833 $ 8,293 $ 259 $ 409 $ 2,445 $ 124 $ 2,636 $ 16,999 Impact of adopting ASC 326 ( 1,545 ) 5,527 ( 200 ) 388 ( 1,156 ) 3 ( 551 ) 2,466 Charge Offs — ( 112 ) - - ( 50 ) - ( 202 ) ( 364 ) Recoveries 6 6 - - 6 - 26 44 Provision for credit losses 65 11 62 ( 94 ) ( 87 ) ( 45 ) 388 300 Ending balance, March 31, 2023 $ 1,359 $ 13,725 $ 121 $ 703 $ 1,158 $ 82 $ 2,297 $ 19,445 Ending balance individually evaluated $ - $ — $ - $ - $ 1 $ - $ - $ 1 Ending balance collectively evaluated $ 1,359 $ 13,725 $ 121 $ 703 $ 1,157 $ 82 $ 2,297 $ 19,444 (In thousands) Residential Real Estate Commercial Real Estate Agricultural Construction Commercial Other Agricultural Consumer Total Beginning balance, December 31, 2021 $ 2,175 $ 10,878 $ - $ 133 $ 1,490 $ - $ 1,766 $ 16,442 Charge Offs ( 115 ) - - - ( 15 ) - ( 52 ) ( 182 ) Recoveries 2 74 - - 9 - 15 100 Provision for loan losses 264 ( 665 ) 504 1 11 292 ( 107 ) 300 Ending balance, March 31, 2022 $ 2,326 $ 10,287 $ 504 $ 134 $ 1,495 $ 292 $ 1,622 $ 16,660 Ending balance individually evaluated for impairment $ - $ 1,643 $ - $ - $ 16 $ - $ — $ 1,659 Ending balance collectively evaluated for impairment $ 2,326 $ 8,644 $ 504 $ 134 $ 1,479 $ 292 $ 1,622 $ 15,001 The cumulative loss rate used as the basis for the estimate of credit losses is comprised of the Company’s historical loss experience. The Company chose to apply qualitative factors based on “quantitative metrics” which link the quantifiable metrics to historical changes in the qualitative factor categories. The Company also chose to apply economic projections to the model. A select group of economic indicators was utilized which was then correlated to the historical loss experience of the Company and its peers. Based on the correlation results, the economic adjustments are then weighted for relevancy and applied to the individual loan pools. The following table presents the carrying value of loans on nonaccrual status and loans past due over 90 days still accruing interest (in thousands): Nonaccrual Nonaccrual Loans Past Due with no with Total Over 90 Days Total ACL ACL Nonaccrual Still Accruing Nonperforming March 31, 2023 Real Estate loans Residential $ 437 $ - $ 437 $ - $ 437 Commercial 1,941 - 1,941 - 1,941 Agricultural - - - - - Construction - - - - - Commercial loans 100 15 115 - 115 Other agricultural loans - - - - - Consumer loans 221 - 221 - 221 Total $ 2,699 $ 15 $ 2,714 $ - $ 2,714 Based on the most recent analysis performed, the following table presents the recorded investment in non-homogenous pools by internal risk rating systems (in thousands): Revolving Revolving Term Loans Amortized Costs Basis by Origination Year Loans Loans Amortized Converted March 31, 2023 2023 2022 2021 2020 2019 Prior Cost Basis to Term Total Commercial real estate Risk Rating Pass $ 25,867 $ 133,953 $ 116,254 $ 75,366 $ 76,615 $ 217,831 $ 17,673 $ - $ 663,559 Special Mention - - 243 - - 819 - - 1,062 Substandard - - - 1,472 290 2,003 - - 3,765 Doubtful - - - - - - - - - Total $ 25,867 $ 133,953 $ 116,497 $ 76,838 $ 76,905 $ 220,653 $ 17,673 $ - $ 668,386 Commercial real estate Current period gross charge-offs $ - $ - $ - $ - $ 112 $ - $ - $ - $ 112 Real Estate - Agriculture Risk Rating Pass $ 1,033 $ 13,433 $ 5,607 $ 9,187 $ 8,579 $ 27,429 $ 580 $ - $ 65,848 Special Mention - - - - - 432 - - 432 Substandard - 524 - 1,064 - 188 325 - 2,101 Doubtful - - - - - - - - - Total $ 1,033 $ 13,957 $ 5,607 $ 10,251 $ 8,579 $ 28,049 $ 905 $ - $ 68,381 Real Estate - Agriculture Current period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial loans Risk Rating Pass $ 28,394 $ 54,591 $ 30,757 $ 22,901 $ 14,153 $ 23,003 $ 33,754 $ - $ 207,553 Special Mention - - - - - 181 - - 181 Substandard - 32 24 9 - 89 - - 154 Doubtful - - - - - - - - - Total $ 28,394 $ 54,623 $ 30,781 $ 22,910 $ 14,153 $ 23,273 $ 33,754 $ - $ 207,888 Commercial loans Current period gross charge-offs $ - $ - $ - $ 50 $ - $ - $ - $ - $ 50 Other agricultural loans Risk Rating Pass $ 734 $ 6,128 $ 3,389 $ 3,335 $ 3,084 $ 4,948 $ 11,374 $ - $ 32,992 Special Mention - - 4 185 107 - 155 - 451 Substandard - - 471 - 119 - - - 590 Doubtful - - - - - - - - - Total $ 734 $ 6,128 $ 3,864 $ 3,520 $ 3,310 $ 4,948 $ 11,529 $ - $ 34,033 Other agricultural loans Current period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Total Risk Rating Pass $ 56,028 $ 208,105 $ 156,007 $ 110,789 $ 102,431 $ 273,211 $ 63,381 $ - $ 969,952 Special Mention - - 247 185 107 1,432 155 - 2,126 Substandard - 556 495 2,545 409 2,280 325 - 6,610 Doubtful - - - - - - - - - Total $ 56,028 $ 208,661 $ 156,749 $ 113,519 $ 102,947 $ 276,923 $ 63,861 $ - $ 978,688 The following table presents the classes of the loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard, Doubtful and Loss within the internal risk rating system as of December 31, 2022 (in thousands): Special Doubtful Pass Mention Substandard or Loss Total December 31, 2022 Commercial real estate loans $ 646,775 $ 1,079 $ 3,690 $ — $ 651,544 Real estate - agricultural 66,444 368 2,103 — 68,915 Commercial loans 186,966 184 107 — 187,257 Other agricultural loans 34,071 556 650 — 35,277 Total $ 934,256 $ 2,187 $ 6,550 $ — $ 942,993 The Company monitors the credit risk profile by payment activity for residential and consumer loan classes. Loans past due over 90 days and loans on nonaccrual status are considered nonperforming. Nonperforming loans are reviewed monthly. The following table presents the carrying value of residential and consumer loans based on payment activity (in thousands): Revolving Revolving Term Loans Amortized Costs Basis by Origination Year Loans Loans Amortized Converted March 31, 2023 2023 2022 2021 2020 2019 Prior Cost Basis to Term Total Residential real estate Payment Performance Performing $ 4,363 $ 52,321 $ 61,338 $ 38,029 $ 17,635 $ 99,233 $ 28,355 $ - $ 301,274 Nonperforming - - - - 58 328 51 - 437 Total $ 4,363 $ 52,321 $ 61,338 $ 38,029 $ 17,693 $ 99,561 $ 28,406 $ - $ 301,711 Residential real estate Current period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Construction Payment Performance Performing $ 636 $ 21,113 $ 6,213 $ 1,340 $ 1,950 $ 832 $ 307 $ - $ 32,391 Nonperforming - - - - - - - - - Total $ 636 $ 21,113 $ 6,213 $ 1,340 $ 1,950 $ 832 $ 307 $ - $ 32,391 Construction Current period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Consumer loans to individuals Payment Performance Performing $ 38,967 $ 98,034 $ 33,172 $ 20,602 $ 16,347 $ 14,845 $ 1,059 $ - $ 223,026 Nonperforming - 121 36 21 40 3 - - 221 Total $ 38,967 $ 98,155 $ 33,208 $ 20,623 $ 16,387 $ 14,848 $ 1,059 $ - $ 223,247 Consumer loans to individuals Current period gross charge-offs $ - $ 91 $ 70 $ 14 $ 10 $ 6 $ 11 $ - $ 202 Total Payment Performance Performing $ 43,966 $ 171,468 $ 100,723 $ 59,971 $ 35,932 $ 114,910 $ 29,721 $ - $ 556,691 Nonperforming - 121 36 21 98 331 51 - 658 Total $ 43,966 $ 171,589 $ 100,759 $ 59,992 $ 36,030 $ 115,241 $ 29,772 $ - $ 557,349 For residential real estate loans, construction loans and consumer loans, the Company evaluates credit quality based on the performance of the individual credits. The following table presents the recorded investment in the loan classes based on payment activity as of December 31, 2022 (in thousands): Performing Nonperforming Total December 31, 2022 Residential real estate loans $ 298,327 $ 486 $ 298,813 Construction 32,469 — 32,469 Consumer loans to individuals 199,985 164 200,149 Total $ 530,781 $ 650 $ 531,431 Occasionally, the Bank modifies loans to borrowers in financial distress by providing principal forgiveness, term extension, an other-than-insignificant payment delay or interest rate reduction. When principal forgiveness is provided, the amount of forgiveness is charged-off against the allowance for credit losses. In some cases, the Bank provides multiple types of concessions on one loan. Typically, one type of concession, such as a term extension, is granted initially. If the borrower continues to experience financial difficulty, another concession, such as principal forgiveness, may be granted. During the period ended March 31, 2023, there were no modifications made to borrowers experiencing financial difficulty. The Company’s primary business activity as of March 31 2023 was with customers located in northeastern Pennsylvania and the New York counties of Delaware, Sullivan, Ontario, Otsego and Yates. Accordingly, the Company has extended credit primarily to commercial entities and individuals in this area whose ability to repay their loans is influenced by the region’s economy. As of March 31, 2023, the Company considered its concentration of credit risk to be acceptable. The highest concentrations are in commercial rentals with $ 142.3 million of loans outstanding, or 9.3 % of total loans outstanding, and residential rentals with loans outstanding of $ 116.00 million, or 7.6 % of loans outstanding. For the three months ended March 31, 2023, the Company did not recognize any charge offs on loans in the named concentrations.

Operating Leases

Operating Leases	3 Months Ended
	Mar. 31, 2023
Operating Leases [Abstract]
Operating Leases	9 . Operating Leases The Company leases seven office locations under operating leases. Several assumptions and judgments were made when applying the requirements of Topic 842 to the Company’s existing lease commitments, including the allocation of consideration in the contracts between lease and nonlease components, determination of the lease term, and determination of the discount rate used in calculating the present value of the lease payments. The Company has elected to account for the variable nonlease components, such as common area maintenance charges, utilities, real estate taxes, and insurance, separately from the lease component. Such variable nonlease components are reported in net occupancy expense on the Consolidated Statements of Income when paid. These variable nonlease components were excluded from the calculation of the present value of the remaining lease payments, therefore, they are not included in other assets and other liabilities on the Consolidated Balance Sheets. The lease cost associated with the operating leases for the three-month periods ended March 31, 2023 and 2022, amounted to $ 176,000 and $ 148,000 respectively. Certain of the Company’s leases contain options to renew the lease after the initial term. Management considers the Company’s historical pattern of exercising renewal options on leases and the positive performance of the leased locations, when determining whether it is reasonably certain that the leases will be renewed. If management concludes that there is reasonable certainty about the renewal option, it is included in the calculation of the remaining term of each applicable lease. The discount rate utilized in calculating the present value of the remaining lease payments for each lease was the Federal Home Loan Bank of Pittsburgh advance rate corresponding to the remaining maturity of the lease. The following table presents the weighted-average remaining lease term and discount rate for the leases outstanding at March 31, 2023. Operating Weighted-average remaining term 9.9 Weighted-average discount rate 2.94 % The following table presents the undiscounted cash flows due related to operating leases as of March 31, 2023, along with a reconciliation to the discounted amount recorded on the Consolidated Balance Sheets: Undiscounted cash flows due (in thousands) Operating 2023 $ 500 2024 664 2025 680 2026 524 2027 401 2028 and thereafter 2,414 Total undiscounted cash flows 5,183 Discount on cash flows ( 776 ) Total lease liabilities $ 4,407

Fair Value of Assets and Liabil

Fair Value of Assets and Liabilities	3 Months Ended
	Mar. 31, 2023
Fair Value of Assets and Liabilities [Abstract]
Fair Value of Assets and Liabilities	10 . Fair Value of Assets and Liabilities Fair value is the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. In accordance with fair value accounting guidance, the Company measures, records, and reports various types of assets and liabilities at fair value on either a recurring or non-recurring basis in the Consolidated Financial Statements. Those assets and liabilities are presented in the sections entitled “Assets and Liabilities Required to be Measured and Reported at Fair Value on a Recurring Basis” and “Assets and Liabilities Required to be Measured and Reported at Fair Value on a Non-Recurring Basis”. There are three levels of inputs that may be used to measure fair values: Level 1 – Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2 – Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3 – Significant unobservable inputs that reflect a company’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. The methods of determining the fair value of assets and liabilities presented in this note are consistent with our methodologies disclosed in Note 16 of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022. Assets and Liabilities Required to be Measured and Reported at Fair Value on a Recurring Basis For financial assets measured at fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy used at March 31, 2023 and December 31, 2022 are as follows: Fair Value Measurement Using Reporting Date Description Total Level 1 Level 2 Level 3 March 31, 2023 (In thousands) ASSETS Available for Sale: U.S. Treasury securities $ 42,432 $ - $ 42,432 $ - U.S. Government agencies 18,640 18,640 States and political subdivisions 129,449 - 129,449 - Mortgage-backed securities-government sponsored entities 227,724 - 227,724 - Interest rate derivatives 1,252 - 1,252 - LIABILITIES Interest rate derivatives 1,252 - 1,252 - Description Total Level 1 Level 2 Level 3 December 31, 2022 (In thousands) ASSETS Available for Sale: U.S. Treasury securities $ 41,854 $ $ 41,854 $ U.S. Government agencies 18,323 - 18,323 - States and political subdivisions 127,852 127,852 Corporate obligations - - - - Mortgage-backed securities-government sponsored entities 230,898 - 230,898 - Interest rate derivatives 1,464 - 1,464 - LIABILITIES Interest rate derivatives 1,464 - 1,464 - Securities: The fair value of securities available for sale (carried at fair value) and held to maturity (carried at amortized cost) are determined by obtaining quoted market prices on nationally recognized securities exchanges (Level 1), or matrix pricing (Level 2), which is a mathematical technique used widely in the industry to value debt securities without relying exclusively on quoted market prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted prices. For certain securities which are not traded in active markets or are subject to transfer restrictions, valuations are adjusted to reflect illiquidity and/or non-transferability, and such adjustments are generally based on available market evidence (Level 3). In the absence of such evidence, management’s best estimate is used. Management’s best estimate consists of both internal and external support on certain Level 3 investments. Internal cash flow models using a present value formula that includes assumptions market participants would use along with indicative exit pricing obtained from broker/dealers (where available) are used to support fair values of certain Level 3 investments, if applicable. Interest Rate Swaps: The fair value of interest rate swaps is based upon the present value of the expected future cash flows using the Secured Overnight Financing Rate (“SOFR”) swap curve, the basis for the underlying interest rate. To price interest rate swaps, cash flows are first projected for each payment date using the fixed rate for the fixed side of the swap and the forward rates for the floating side of the swap. These swap cash flows are then discounted to time zero using SOFR zero-coupon interest rates. The sum of the present value of both legs is the fair market value of the interest rate swap. These valuations have been derived from our third party vendor’s proprietary models rather than actual market quotations. The proprietary models are based upon financial principles and assumptions that we believe to be reasonable. Assets and Liabilities Required to be Measured and Reported at Fair Value on a Non-Recurring Basis For financial assets measured at fair value on a nonrecurring basis, the fair value measurements by level within the fair value hierarchy used at March 31, 2023 and December 31, 2022 are as follows: Fair Value Measurement Using Reporting Date (In thousands) Description Total Level 1 Level 2 Level 3 March 31, 2023 Individually analyzed loans held for investment $ 354 $ - $ - $ 354 Foreclosed Real Estate Owned 346 - - 346 December 31, 2022 Impaired Loans $ 413 $ - $ - $ 413 Foreclosed Real Estate Owned 346 - - 346 Individually analyzed loans held for investment: The Company measures impairment generally based on the fair value of the loan’s collateral. Fair value is generally determined based upon independent third-party appraisals of the properties, or discounted cash flows based upon the lowest level of input that is significant to the fair value measurements. As of March 31, 2023, the fair value of individually analyzed loans held for investment was $ 354,000 which included one loan relationships with a carrying value of $ 15,000 that required an ACL of $ 1,000 since the estimated realizable value of the collateral did not support the recorded investment in the loan, and three loan relationships that did not require an ACL since the estimated realizable value of the collateral exceeded the recorded investment in the loan. As of March 31, 2023, the Company has recognized charge-offs against the allowance for credit losses on these individually analyzed loans held for investment in the amount of $ 112,000 . As of December 31, 2022, the fair value investment in impaired loans totaled $ 413,000 which included three loan relationships with a carrying value of $ 413,000 that did not require a valuation allowance since either the estimated realizable value of the collateral or the discounted cash flows exceeded the recorded investment in the loan. As of December 31, 2022, the Company has recognized charge-offs against the allowance for loan losses on these impaired loans in the amount of $ 0 over the life of the loans. As of December 31, 2022, the fair value investment in impaired loans included one loan relationships with a carrying value of $ 50,000 that required a valuation allowance of $ 50,000 since the estimated realizable value of the collateral did not support the recorded investment in the loan. As of December 31, 2022, the Company has recognized charge-offs against the allowance for loan losses on this impaired loan in the amount of $ 0 over the life of the loan. Foreclosed real estate owned: Real estate properties acquired through loan foreclosures, or by deed in lieu of loan foreclosure are to be sold and are carried at fair value less estimated cost to sell. Fair value is based upon independent market prices, appraised value of the collateral or management’s estimation of the value of the collateral. These assets are included in Level 3 fair value based upon the lowest level of input that is significant to the fair value measurement. The following table presents additional quantitative information about assets measured at fair value on a non-recurring basis and for which the Company has utilized Level 3 inputs to determine fair value: Quantitative Information about Level 3 Fair Value Measurements (dollars in thousands) Fair Value Estimate Valuation Techniques Unobservable Input Range (Weighted Average) March 31, 2023 Individually analyzed loans held for investment $ 354 Appraisal of collateral(1) Appraisal adjustments(2) 10.0 % ( 10.00 %) Foreclosed real estate owned $ 346 Appraisal of collateral(1) Liquidation Expenses(2) 7.00 % ( 7.00 %) Quantitative Information about Level 3 Fair Value Measurements (dollars in thousands) Fair Value Estimate Valuation Techniques Unobservable Input Range (Weighted Average) December 31, 2022 Impaired loans $ 413 Appraisal of collateral(1) Appraisal adjustments(2) 0 %- 10.0 % ( 8.92 %) Foreclosed real estate owned $ 346 Appraisal of collateral(1) Liquidation Expenses(2) 7.00 % ( 7.00 %) (1) Fair value is generally determined through independent appraisals of the underlying collateral, which generally include various Level 3 inputs which are not identifiable, less any associated allowance. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range and weighted average of liquidation expenses and other appraisal adjustments are presented as a percent of the appraisal. Assets and Liabilities Not Required to be Measured or Reported at Fair Value The following information should not be interpreted as an estimate of the fair value of the entire Company since a fair value calculation is only provided for a limited portion of the Company’s assets and liabilities. Due to a wide range of valuation techniques and the degree of subjectivity used in making the estimates, comparisons between the Company’s disclosures and those of other companies may not be meaningful. The following methods and assumptions were used to estimate the fair values of the Company’s financial instruments at March 31, 2023 and December 31, 2022. Loans receivable (carried at cost): The fair values of loans are estimated using discounted cash flow analyses, using market rates at the balance sheet date that reflect the credit and interest rate-risk inherent in the loans. Projected future cash flows are calculated based upon contractual maturity or call dates, projected repayments and prepayments of principal. Generally, for variable rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values. Mortgage servicing rights (generally carried at cost) The Company utilizes a third party provider to estimate the fair value of certain loan servicing rights. Fair value for the purpose of this measurement is defined as the amount at which the asset could be exchanged in a current transaction between willing parties, other than in a forced liquidation. Deposit liabilities (carried at cost): The fair values disclosed for demand deposits (e.g., interest and noninterest checking, passbook savings and money market accounts) are, by definition, equal to the amount payable on demand at the reporting date (i.e., their carrying amounts). Fair values for fixed-rate certificates of deposit are estimated using a discounted cash flow calculation that applies interest rates currently being offered in the market on certificates to a schedule of aggregated expected monthly maturities on time deposits. Other borrowings (carried at cost): Fair values of FHLB advances are estimated using discounted cash flow analysis, based on quoted prices for new FHLB advances with similar credit risk characteristics, terms and remaining maturity. These prices obtained from this active market represent a fair value that is deemed to represent the transfer price if the liability were assumed by a third party. The estimated fair values of the Bank’s financial instruments not required to be measured or reported at fair value were as follows at March 31, 2023 and December 31, 2022. (In thousands) Fair Value Measurements at March 31, 2023 Carrying Amount Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents (1) $ 29,015 $ 29,015 $ 29,015 $ - $ - Loans receivable, net 1,516,198 1,480,316 - - 1,480,316 Mortgage servicing rights 196 498 - - 498 Regulatory stock (1) 5,963 5,963 5,963 - - Bank owned life insurance (1) 45,577 45,577 45,577 - - Accrued interest receivable (1) 6,633 6,633 6,633 - - Financial liabilities: Deposits 1,755,935 1,754,101 1,174,044 - 580,057 Short-term borrowings (1) 108,555 108,555 108,555 - - Other borrowings 40,189 40,251 - - 40,251 Accrued interest payable (1) 4,703 4,703 4,703 - - Off-balance sheet financial instruments: Commitments to extend credit and outstanding letters of credit - - - - - Fair Value Measurements at December 31, 2022 Carrying Amount Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents (1) $ 31,866 $ 31,866 $ 31,866 $ - $ - Loans receivable, net 1,456,946 1,418,300 - - 1,418,300 Mortgage servicing rights 213 498 - - 498 Regulatory stock (1) 5,418 5,418 5,418 - - Bank owned life insurance (1) 43,364 43,364 43,364 - - Accrued interest receivable (1) 6,917 6,917 6,917 - - Financial liabilities: Deposits 1,727,727 1,727,184 1,223,958 - 503,226 Short-term borrowings (1) 93,215 93,215 93,215 - - Other borrowings 40,000 40,074 - - 40,074 Accrued interest payable (1) 2,653 2,653 2,653 - - Off-balance sheet financial instruments: Commitments to extend credit and outstanding letters of credit - - - - - (1) This financial instrument is carried at cost, which approximates the fair value of the instrument.

Interest Rate Swaps

Interest Rate Swaps	3 Months Ended
	Mar. 31, 2023
Interest Rate Swaps [Abstract]
Interest Rate Swaps	11 . Interest Rate Swaps The Company enters into interest rate swaps that allow our commercial loan customers to effectively convert a variable-rate commercial loan agreement to a fixed-rate commercial loan agreement. Under these agreements, the Company enters into a variable-rate loan agreement with a customer in addition to an interest rate swap agreement, which serves to effectively swap the customer’s variable-rate into a fixed-rate. The Company then enters into a corresponding swap agreement with a third party in order to economically hedge its exposure through the customer agreement. The interest rate swaps with both the customers and third parties are not designated as hedges under FASB ASC 815 and are not marked to market through earnings. As the interest rate swaps are structured to offset each other, changes to the underlying benchmark interest rates considered in the valuation of these instruments do not result in an impact to earnings; however, there may be fair value adjustments related to credit quality variations between counterparties, which may impact earnings as required by FASB ASC 820. There was no effect on earnings in any periods presented. At March 31, 2023 and December 31, 2022, based upon the swap contract values, the company pledged cash in the amount of $ 350,000 as collateral for its interest rate swaps with a third-party financial institution. The fair value of the swaps as of March 31, 2023 and December 31, 2022 was $ 1,252,000 and $ 1,464,000 , respectively. Summary information regarding these derivatives is presented below (Amounts in thousands) Notional Amount Fair Value March 31, 2023 December 31, 2022 Interest Rate Paid Interest Rate Received March 31, 2023 December 31, 2022 Customer interest rate swap Maturing November, 2030 $ 6,422 $ 6,513 Term SOFR + Margin Fixed $ 761 $ 889 Maturing December, 2030 4,231 4,297 Term SOFR + Margin Fixed 491 575 Total $ 10,653 $ 10,810 $ 1,252 $ 1,464 Third party interest rate swap Maturing November, 2030 $ 6,422 $ 6,513 Fixed Term SOFR + Margin $ 761 $ 889 Maturing December, 2030 4,231 4,297 Fixed Term SOFR + Margin 491 575 Total $ 10,653 $ 10,810 $ 1,252 $ 1,464 The following table presents the fair values of derivative instruments in the Consolidated Balance Sheet. (Amounts in thousands) Assets Liabilities Balance Sheet Location Fair Value Balance Sheet Location Fair Value March 31, 2023 Interest rate derivatives Other assets $ 1,252 Other liabilities $ 1,252 December 31, 2022 Interest rate derivatives Other assets 1,464 Other liabilities 1,464

New and Recently Adopted Accoun

New and Recently Adopted Accounting Pronouncements	3 Months Ended
	Mar. 31, 2023
New and Recently Adopted Accounting Pronouncements [Abstract]
New and Recently Adopted Accounting Pronouncements	12 . New and Recently Adopted Accounting Pronouncements In March 2020, the FASB issued ASU 2020-04, “Reference Rate Reform (Topic 848)”. The ASU provided optional expedients and exceptions for applying GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The amendment only applies to contracts, hedging relationships, and other transactions that reference LIBOR or another reference rate expected to be discontinued because of the reference rate reform. The ASU is effective as of March 12, 2020 through December 31, 2022. Furthermore, in December 2022, the FASB issued ASU 2022-06, “Deferral of the Sunset Date of Reference Rate Reform (Topic 848)” . This ASU extends the sunset date of ASC Topic 848 (Reference Rate Reform) to December 31, 2024, in response to the United Kingdom’s Financial Conduct Authority (FCA) extension of the intended cessation date of LIBOR in the United States. The Company evaluated the impact of this standard, and believes that its adoption will not have a material impact on the Company’s consolidated financial condition or results of operations. In March 2023, the FASB issued ASU No. 2023-02, " Investments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method (a consensus of the Emerging Issues Task Force) ". The ASU allows entities to elect the proportional amortization method, on a tax-credit-program-by-tax-credit-program basis, for all equity investments in tax credit programs meeting the eligibility criteria in Accounting Standards Codification (ASC) 323-740-25-1. While the ASU does not significantly alter the existing eligibility criteria, it does provide clarifications to address existing interpretive issues. It also prescribes specific information reporting entities must disclose about tax credit investments each period. This ASU is effective for reporting periods beginning after December 15, 2023, for public business entities, or January 1, 2024 for the Company. The Company does not expect the adoption of this ASU to have a material impact on the Company's financial statements.

Basis of Presentation (Policies

Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2023
Basis of Presentation [Abstract]
Accounting Pronouncements Adopted in 2023	Accounting Pronouncements Adopted in 2023 In June 2016, the FASB issued ASU No. 2016-13, " Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments" and subsequent related updates. This ASU replaces the incurred loss methodology for recognizing credit losses and requires the Company to measure the current expected credit losses (CECL) on financial assets measured at amortized cost, including loans, off-balance sheet credit exposures such as unfunded commitments, and other financial instruments. In addition, ASC 326 requires credit losses on available-for-sale debt securities to be presented as an allowance rather than as a write-down when management does not intend to sell or believes that it is not more likely than not they will be required to sell. This guidance became effective on January 1, 2023 for the Bank. The results reported for periods beginning after January 1, 2023 are presented under ASC 326 while prior period amounts continue to be reported in accordance with previously applicable accounting standards. The Bank adopted this guidance, and subsequent related updates, using the modified retrospective approach for all financial assets measured at amortized cost, including loans, available-for-sale debt securities and unfunded commitments. On January 1, 2023, the Bank recorded a cumulative effect decrease to retained earnings of $ 1,751,000 related to loans, $ 260,000 related to unfunded commitments, and $ 0 related to available-for-sale securities. The Bank adopted the provisions of ASC 326 related to financial assets purchased with credit deterioration (PCD) that were previously classified as purchased credit impaired (PCI) and accounted for under ASC 310-30 using the prospective transition approach. In accordance with the standard, management did not reassess whether PCI assets met the criteria of PCD assets as of the date of adoption. On January 1, 2023, the amortized cost basis of the PCD assets were adjusted to reflect the addition of $ 250,000 of the allowance for credit losses (ACL). The Bank adopted the provisions of ASC 326 related to presenting other-than-temporary impairment on available-for-sale debt securities prior to January 1, 2023 using the prospective transition approach, though no such charges had been recorded on the securities held by the Bank as of the date of adoption. The impact of the change from the incurred loss model to the current expected credit loss model is detailed below (in thousands). January 1, 2023 Pre-adoption Adoption Impact As Reported Assets ACL on debt securities available for sale $ - $ - $ - ACL on loans Residential real estate 2,833 ( 1,545 ) 1,288 Commercial real estate 8,293 5,527 13,820 Agricultural 259 ( 200 ) 59 Construction 409 388 797 Commercial loans 2,445 ( 1,156 ) 1,289 Other agricultural loans 124 3 127 Consumer 2,636 ( 551 ) 2,085 Liabilities ACL for unfunded commitments - 329 329 $ 16,999 $ 2,795 $ 19,794 Purchased Credit Deteriorated (“PCD”) Loans The Bank has purchased loans, some of which have experienced more than insignificant credit deterioration since origination. A loan is considered a PCD loan if, at acquisition, it is probable that the Company will be unable to collect all contractually required payments receivable. PCD loans are recorded at the amount paid. An allowance for credit losses is determined using the same methodology as other loans held for investment. The initial allowance for credit losses determined on a collective basis is allocated to individual loans. The sum of the loan’s purchase price and allowance for credit losses becomes its initial amortized cost basis. The difference between the initial amortized cost basis and the par value of the loan is a noncredit discount or premium, which is amortized into interest income over the life of the loan. Subsequent changes to the allowance for credit losses are recorded through credit loss expense. Allowance for Credit Losses - Loans The allowance for credit losses is a valuation reserve established and maintained by charges against income and is deducted from the amortized cost basis of loans to present the net amount expected to be collected on the loans. Loans, or portions thereof, are charged off against the ACL when they are deemed uncollectible. Expected recoveries do not exceed the aggregate of amounts previously charged-off and expected to be charged-off. The ACL is an estimate of expected credit losses, measured over the contractual life of a loan, that considers our historical loss experience, current conditions and forecasts of future economic conditions. Determination of an appropriate ACL is inherently subjective and may have significant changes from period to period. The methodology for determining the ACL has two main components: evaluation of expected credit losses for certain groups of homogeneous loans that share similar risk characteristics and evaluation of loans that do not share risk characteristics with other loans. The allowance for credit losses is measured on a collective (pool) basis when similar risk characteristics exist. The Company’s loan portfolio is segmented by loan types that have similar risk characteristics and behave similarly during economic cycles. Historical credit loss experience is the basis for the estimation of expected credit losses. We apply historical loss rates to pools of loans with similar risk characteristics. After consideration of the historic loss calculation, management applies qualitative adjustments to reflect the current conditions and reasonable and supportable forecasts not already reflected in the historical loss information at the balance sheet date. Our reasonable and supportable forecast adjustment is based on a preferred group of macroeconomic indicators used to create projections of economic conditions, obtained from the St. Louis Federal Reserve economic database. The Company selected nine metrics which was correlated with the bank and its peer group’s historical loss patterns. The adjustments are then weighted for relevance before applying to each pool. Future macroeconomic forecast adjustments are then obtained using and eight-quarter moving average for each metric for the reasonable and supportable period. Each quarter, management reviews the recommended adjustment factors and applies any additional adjustments based on local and current conditions The Bank has elected to exclude accrued interest receivable from the measurement of its ACL. When a loan is placed on non-accrual status, any outstanding accrued interest is reversed against interest income. The ACL for individual loans begins with the use of normal credit review procedures to identify whether a loan no longer shares similar risk characteristics with other pooled loans and therefore, should be individually assessed. We evaluate all commercial loans that meet the following criteria: (1) when it is determined that foreclosure is probable, (2) substandard, doubtful and nonperforming loans when repayment is expected to be provided substantially through the operation or sale of the collateral, (3) when it is determined by management that a loan does not share similar risk characteristics with other loans. Specific reserves are established based on the following three acceptable methods for measuring the ACL: 1) the present value of expected future cash flows discounted at the loan’s original effective interest rate; 2) the loan’s observable market price; or 3) the fair value of the collateral when the loan is collateral dependent. Our individual loan evaluations consist primarily of the fair value of collateral method because most of our loans are collateral dependent. Collateral values are discounted to consider disposition costs when appropriate. A specific reserve is established or a charge-off is taken if the fair value of the loan is less than the loan balance. Allowance for Credit Losses on Off-Balance Sheet Credit Exposures The Bank estimates expected credit losses over the contractual period in which the Bank is exposed to credit risk via a contractual obligation to extend credit, unless that obligation is unconditionally cancellable by the Bank. The allowance for credit losses on off-balance sheet credit exposures is adjusted through credit loss expense. The estimate includes consideration of the likelihood that funding will occur and an estimate of expected credit losses on commitments expected to be funded over its estimated life. Allowance for Credit Losses – Available for Sale Securities The Bank measures expected credit losses on available-for-sale debt securities when the Bank does not intend to sell, or when it is not more likely than not that it will be required to sell, the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security's amortized cost basis is written down to fair value through income. For available-for-sale debt securities that do not meet the aforementioned criteria, the Bank evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, the Bank considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security, among other factors. If this evaluation indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an allowance for credit losses is recorded for the credit loss, equal to the amount that the fair value is less than the amortized cost basis. Economic forecast data is utilized to calculate the present value of expected cash flows. The Bank obtains its forecast data through a subscription to a widely recognized and relied upon company who publishes various forecast scenarios. Management evaluates the various scenarios to determine a reasonable and supportable scenario, and utilizes a single scenario in the model. Any impairment that has not been recorded through an allowance for credit losses is recognized in other comprehensive income. The allowance for credit losses on available-for-sale debt securities is included within Investment securities available-for-sale on the consolidated balance sheet. Changes in the allowance for credit losses are recorded within Provision for credit losses on the consolidated statement of income. Losses are charged against the allowance when the Bank believes the collectability of an available-for-sale security is in jeopardy or when either of the criteria regarding intent or requirement to sell is met. Accrued interest receivable on available-for-sale debt securities totaled $ 1,762,000 at March 31, 2023 and is included within accrued interest receivable on the consolidated balance sheet. This amount is excluded from the estimate of expected credit losses. Available-for-sale debt securities are typically classified as nonaccrual when the contractual payment of principal or interest has become 90 days past due or management has serious doubts about the further collectability of principal or interest. When available-for-sale debt securities are placed on nonaccrual status, unpaid interest credited to income is reversed

Basis of Presentation (Tables)

Basis of Presentation (Tables)	3 Months Ended
	Mar. 31, 2023
Basis of Presentation [Abstract]
Changes from Incurred loss Model to Expected Credit Loss Model	January 1, 2023 Pre-adoption Adoption Impact As Reported Assets ACL on debt securities available for sale $ - $ - $ - ACL on loans Residential real estate 2,833 ( 1,545 ) 1,288 Commercial real estate 8,293 5,527 13,820 Agricultural 259 ( 200 ) 59 Construction 409 388 797 Commercial loans 2,445 ( 1,156 ) 1,289 Other agricultural loans 124 3 127 Consumer 2,636 ( 551 ) 2,085 Liabilities ACL for unfunded commitments - 329 329 $ 16,999 $ 2,795 $ 19,794

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Mar. 31, 2023
Revenue Recognition [Abstract]
Noninterest Income	Three months ended March 31, (dollars in thousands) Noninterest Income 2023 2022 In-scope of Topic 606: Service charges on deposit accounts $ 103 $ 99 ATM fees 106 105 Overdraft fees 320 288 Safe deposit box rental 26 22 Loan related service fees 153 269 Debit card fees 559 628 Fiduciary activities 212 202 Commissions on mutual funds and annuities 26 41 Gains on sales of other real estate owned — 427 Other income 172 1,063 Noninterest Income ( in-scope of Topic 606 ) 1,677 3,144 Out-of-scope of Topic 606: Net realized gains on sales of securities 2 — Loan servicing fees 20 18 Earnings on and proceeds from bank-owned life insurance 213 176 Noninterest Income ( out-of-scope of Topic 606 ) 235 194 Total Noninterest Income $ 1,912 $ 3,338

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Computations of Basic and Diluted Earnings Per Share	(in thousands) Three Months Ended March 31, 2023 2022 Weighted average shares outstanding 8,176 8,203 Less: Unvested restricted shares ( 45 ) ( 32 ) Basic EPS weighted average shares outstanding 8,131 8,171 Basic EPS weighted average shares outstanding 8,131 8,171 Add: Dilutive effect of stock options and restricted shares 17 25 Diluted EPS weighted average shares outstanding 8,148 8,196

Stock Based Compensation (Table

Stock Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2023
Stock Based Compensation [Abstract]
Summary of Stock Option Activity	Weighted Average Exercise Weighted Average Aggregate Price Remaining Intrinsic Value Options Per Share Contractual Term ($000) Outstanding at January 1, 2023 218,975 $ 28.70 6.8 Yrs. $ 1,100 Granted 2,500 29.60 10.0 Exercised ( 14,250 ) 23.39 5.7 Forfeited — - - Outstanding at March 31, 2023 207,225 $ 29.07 6.7 Yrs. $ 528 Exercisable at March 31, 2023 166,725 $ 28.04 5.9 Yrs. $ 528
Summary of Restricted Stock Activity	2023 2022 Weighted-Average Weighted-Average Number of Grant Date Number of Grant Date Restricted Stock Fair Value Restricted Stock Fair Value Non-vested, January 1, 44,460 $ 30.12 32,030 $ 26.76 Granted — — — — Vested — — — — Forfeited — — — — Non-vested, March 31, 44,460 $ 30.12 32,030 $ 26.76

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Mar. 31, 2023
Accumulated Other Comprehensive Income (Loss) [Abstract]
Summary of Changes In Accumulated Other Comprehensive Income (Loss)	Unrealized gains (losses) on available for sale securities (a) Balance as of December 31, 2022 $ ( 57,353 ) Other comprehensive loss before reclassification 7,392 Amount reclassified from accumulated other comprehensive loss ( 2 ) Total other comprehensive loss 7,390 Balance as of March 31, 2023 $ ( 49,963 ) Unrealized gains (losses) on available for sale securities (a) Balance as of December 31, 2021 $ ( 256 ) Other comprehensive loss before reclassification ( 23,469 ) Amount reclassified from accumulated other comprehensive income - Total other comprehensive loss ( 23,469 ) Balance as of March 31, 2022 $ ( 23,725 ) (a) All amounts are net of tax. Amounts in parentheses indicate debits.
Significant Amounts Reclassified Out of Each Component of Accumulated Other Comprehensive Income (Loss)	Amount Reclassified From Accumulated Other Comprehensive Income (Loss) (a) Affected Line Item in Three months ended Consolidated March 31, Statements Details about other comprehensive income 2023 2022 of Income Unrealized gains on available for sale securities $ 2 $ — Net realized gains on sales of securities Tax effect — — Income tax expense $ 2 $ — (a) Amounts in parentheses indicate debits to net income

Off-Balance Sheet Financial I_2

Off-Balance Sheet Financial Instruments and Guarantees (Tables)	3 Months Ended
	Mar. 31, 2023
Off-Balance Sheet Financial Instruments and Guarantees [Abstract]
Schedule of Fair Value, Off-balance Sheet Risks	(in thousands) March 31, 2023 2022 Commitments to grant loans $ 92,602 $ 82,444 Unfunded commitments under lines of credit 166,507 136,710 Standby letters of credit 15,538 5,606 $ 274,647 $ 224,760

Securities (Tables)

Securities (Tables)	3 Months Ended
	Mar. 31, 2023
Securities [Abstract]
Schedule of Amortized Cost Gross Unrealized Gains and Losses, and Fair Values of Securities	March 31, 2023 Gross Gross Allowance Amortized Unrealized Unrealized for Credit Fair Cost Gains Losses Losses Value (In Thousands) Available for Sale: U.S. Treasury securities $ 45,106 $ - $ ( 2,674 ) $ - $ 42,432 U.S. Government agencies 21,296 - ( 2,656 ) - 18,640 States and political subdivisions 153,899 — ( 24,450 ) - 129,449 Mortgage-backed securities- - government sponsored entities 261,920 — ( 34,196 ) - 227,724 Total debt securities $ 482,221 $ — $ ( 63,976 ) $ - $ 418,245 December 31, 2022 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value (In Thousands) Available for Sale: U.S. Treasury securities $ 45,066 $ - $ ( 3,212 ) $ 41,854 U.S. Government agencies 21,266 - ( 2,943 ) 18,323 States and political subdivisions 157,524 2 ( 29,674 ) 127,852 Mortgage-backed securities-government - sponsored entities 268,400 - ( 37,502 ) 230,898 Total debt securities $ 492,256 $ 2 $ ( 73,331 ) $ 418,927
Schedule of Investments' Gross Unrealized Losses and Fair Value Aggregated by Security Type and Length of Time that Individual Securities have been in a Continuous Unrealized Loss Position	March 31, 2023 Less than 12 Months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. Treasury securities $ 23,162 $ ( 449 ) $ 19,270 $ ( 2,225 ) $ 42,432 $ ( 2,674 ) U.S. Government agencies 4,805 ( 91 ) 13,835 ( 2,565 ) 18,640 ( 2,656 ) States and political subdivisions 16,673 ( 508 ) 110,786 ( 23,942 ) 127,459 ( 24,450 ) Mortgage-backed securities-government sponsored entities 31,520 ( 1,675 ) 196,204 ( 32,521 ) 227,724 ( 34,196 ) $ 76,160 $ ( 2,723 ) $ 340,095 $ ( 61,253 ) $ 416,255 $ ( 63,976 ) December 31, 2022 Less than 12 Months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. Treasury securities $ 25,733 $ ( 849 ) $ 16,121 $ ( 2,363 ) $ 41,854 $ ( 3,212 ) U.S. Government agencies 8,321 ( 885 ) 10,002 ( 2,058 ) 18,323 ( 2,943 ) States and political subdivisions 66,680 ( 11,194 ) 57,367 ( 18,480 ) 124,047 ( 29,674 ) Mortgage-backed securities-government sponsored entities 102,361 ( 10,639 ) 128,537 ( 26,863 ) 230,898 ( 37,502 ) $ 203,095 $ ( 23,567 ) $ 212,027 $ ( 49,764 ) $ 415,122 $ ( 73,331 )
Schedule of Amortized Cost and Fair Value of Debt Securities by Contractual Maturity	Available for Sale Amortized Cost Fair Value (In Thousands) Due in one year or less $ 8,861 $ 8,760 Due after one year through five years 44,287 41,964 Due after five years through ten years 53,101 44,528 Due after ten years 114,052 95,269 220,301 190,521 Mortgage-backed securities-government sponsored entities 261,920 227,724 $ 482,221 $ 418,245
Gross Realized Gains and Losses on Sales of Securities Available-for-Sale	Three Months Ended March 31, 2023 2022 Gross realized gains $ 4 $ — Gross realized losses ( 2 ) — Net realized gain $ 2 $ — Proceeds from sales of securities $ 1,982 $ —

Loans Receivable and Allowanc_2

Loans Receivable and Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2023
Loans Receivable and Allowance for Loan Losses [Abstract]
Composition of the Loan Portfolio	March 31, 2023 December 31, 2022 Real Estate Loans: Residential $ 301,711 19.7 % $ 298,813 20.3 % Commercial 668,386 43.5 651,544 44.2 Agricultural 68,381 4.5 68,915 4.7 Construction 32,391 2.1 32,469 2.2 Commercial loans 207,888 13.5 187,257 12.7 Other agricultural loans 34,033 2.2 35,277 2.4 Consumer loans to individuals 223,247 14.5 200,149 13.5 Total loans 1,536,037 100.0 % 1,474,424 100.0 % Deferred fees, net ( 394 ) ( 479 ) Total loans receivable 1,535,643 1,473,945 Allowance for credit losses ( 19,445 ) ( 16,999 ) Net loans receivable $ 1,516,198 $ 1,456,946
Summary of Amount of Loans in Each Category that were Individually and Collectively Evaluated for Impairment	Real Estate Loans Commercial Other Consumer Residential Commercial Agricultural Construction Loans Agricultural Loans Total March 31, 2023 (In thousands) Individually evaluated $ — $ 290 $ — $ — $ 65 $ — $ — $ 355 Collectively evaluated 301,711 668,096 68,381 32,391 207,823 34,033 223,247 1,535,682 Total Loans $ 301,711 $ 668,386 $ 68,381 $ 32,391 $ 207,888 $ 34,033 $ 223,247 $ 1,536,037 The following table shows the amount of loans in each category that were individually and collectively evaluated for impairment at the dates indicated: Real Estate Loans Commercial Other Consumer Residential Commercial Agricultural Construction Loans Agricultural Loans Total (In thousands) December 31, 2022 Individually evaluated for impairment $ - $ 402 $ — $ - $ 61 $ — $ - $ 463 Loans acquired with deteriorated credit quality 567 2,049 2,034 - 1,640 — - 6,290 Collectively evaluated for impairment 298,246 649,093 66,881 32,469 185,556 35,277 200,149 1,467,671 Total Loans $ 298,813 $ 651,544 $ 68,915 $ 32,469 $ 187,257 $ 35,277 $ 200,149 $ 1,474,424
Impaired Loans and Related Interest Income by Loan Portfolio Class	The following table includes the recorded investment and unpaid principal balances for impaired loans with the associated allowance amount, if applicable. Unpaid Recorded Principal Associated Investment Balance Allowance December 31, 2022 (in thousands) With no related allowance recorded: Real Estate Loans: Commercial $ 402 $ 402 $ — Commercial Loans 11 11 — Subtotal 413 413 — With an allowance recorded: Real Estate Loans Commercial 50 50 50 Subtotal 50 50 50 Total: Real Estate Loans: Commercial 402 402 — Commercial Loans 61 61 50 Total Impaired Loans $ 463 $ 463 $ 50 The following table presents the average recorded investment in impaired loans and the related amount of interest income recognized during the three-month period ended March 31, 2022 (in thousands): Average Recorded Interest Income Investment Recognized 2022 2022 Real Estate Loans: Commercial $ 1,650 $ 17 Commercial Loans 16 — Total $ 1,666 $ 17
Loan Portfolio Summarized by the Past Due Status	Current 31-60 Days Past Due 61-90 Days Past Due Greater than 90 Days Past Due and still accruing Non-accrual Total Past Due and Non-Accrual Total Loans March 31, 2023 Real Estate loans Residential $ 300,268 $ 978 $ 28 $ - $ 437 $ 1,443 $ 301,711 Commercial 665,992 453 - - 1,941 2,394 668,386 Agricultural 68,381 - - - - - 68,381 Construction 32,368 23 - - - 23 32,391 Commercial loans 207,466 221 86 - 115 422 207,888 Other agricultural loans 34,033 - - - - 34,033 Consumer loans 222,217 773 36 - 221 1,030 223,247 Total $ 1,530,725 $ 2,448 $ 150 $ - $ 2,714 $ 5,312 $ 1,536,037 Current 31-60 Days Past Due 61-90 Days Past Due Greater than 90 Days Past Due and still accruing Non-accrual Total Past Due and Non-Accrual Purchased Credit Impaired Loans Total Loans December 31, 2022 Real Estate loans Residential $ 297,350 $ 187 $ 223 $ - $ 486 $ 896 $ 567 $ 298,813 Commercial 648,688 405 - - 402 807 2,049 651,544 Agricultural 66,751 130 - - 130 2,034 68,915 Construction 32,469 - - - - - - 32,469 Commercial loans 185,485 71 - - 61 132 1,640 187,257 Other agricultural loans 35,277 - - - - - 35,277 Consumer loans 198,893 853 239 - 164 1,256 - 200,149 Total $ 1,464,913 $ 1,646 $ 462 $ - $ 1,113 $ 3,221 $ 6,290 $ 1,474,424
Allowance for Loan Losses and Recorded Investment in Financing Receivables	(In thousands) Residential Real Estate Commercial Real Estate Agricultural Construction Commercial Other Agricultural Consumer Total Beginning balance, December 31, 2022 $ 2,833 $ 8,293 $ 259 $ 409 $ 2,445 $ 124 $ 2,636 $ 16,999 Impact of adopting ASC 326 ( 1,545 ) 5,527 ( 200 ) 388 ( 1,156 ) 3 ( 551 ) 2,466 Charge Offs — ( 112 ) - - ( 50 ) - ( 202 ) ( 364 ) Recoveries 6 6 - - 6 - 26 44 Provision for credit losses 65 11 62 ( 94 ) ( 87 ) ( 45 ) 388 300 Ending balance, March 31, 2023 $ 1,359 $ 13,725 $ 121 $ 703 $ 1,158 $ 82 $ 2,297 $ 19,445 Ending balance individually evaluated $ - $ — $ - $ - $ 1 $ - $ - $ 1 Ending balance collectively evaluated $ 1,359 $ 13,725 $ 121 $ 703 $ 1,157 $ 82 $ 2,297 $ 19,444 (In thousands) Residential Real Estate Commercial Real Estate Agricultural Construction Commercial Other Agricultural Consumer Total Beginning balance, December 31, 2021 $ 2,175 $ 10,878 $ - $ 133 $ 1,490 $ - $ 1,766 $ 16,442 Charge Offs ( 115 ) - - - ( 15 ) - ( 52 ) ( 182 ) Recoveries 2 74 - - 9 - 15 100 Provision for loan losses 264 ( 665 ) 504 1 11 292 ( 107 ) 300 Ending balance, March 31, 2022 $ 2,326 $ 10,287 $ 504 $ 134 $ 1,495 $ 292 $ 1,622 $ 16,660 Ending balance individually evaluated for impairment $ - $ 1,643 $ - $ - $ 16 $ - $ — $ 1,659 Ending balance collectively evaluated for impairment $ 2,326 $ 8,644 $ 504 $ 134 $ 1,479 $ 292 $ 1,622 $ 15,001
Summary of Carrying Value of Loan on Nonaccrual Status	Nonaccrual Nonaccrual Loans Past Due with no with Total Over 90 Days Total ACL ACL Nonaccrual Still Accruing Nonperforming March 31, 2023 Real Estate loans Residential $ 437 $ - $ 437 $ - $ 437 Commercial 1,941 - 1,941 - 1,941 Agricultural - - - - - Construction - - - - - Commercial loans 100 15 115 - 115 Other agricultural loans - - - - - Consumer loans 221 - 221 - 221 Total $ 2,699 $ 15 $ 2,714 $ - $ 2,714
Summary of Recorded Investment by Internal Risk Rating Systems	Based on the most recent analysis performed, the following table presents the recorded investment in non-homogenous pools by internal risk rating systems (in thousands): Revolving Revolving Term Loans Amortized Costs Basis by Origination Year Loans Loans Amortized Converted March 31, 2023 2023 2022 2021 2020 2019 Prior Cost Basis to Term Total Commercial real estate Risk Rating Pass $ 25,867 $ 133,953 $ 116,254 $ 75,366 $ 76,615 $ 217,831 $ 17,673 $ - $ 663,559 Special Mention - - 243 - - 819 - - 1,062 Substandard - - - 1,472 290 2,003 - - 3,765 Doubtful - - - - - - - - - Total $ 25,867 $ 133,953 $ 116,497 $ 76,838 $ 76,905 $ 220,653 $ 17,673 $ - $ 668,386 Commercial real estate Current period gross charge-offs $ - $ - $ - $ - $ 112 $ - $ - $ - $ 112 Real Estate - Agriculture Risk Rating Pass $ 1,033 $ 13,433 $ 5,607 $ 9,187 $ 8,579 $ 27,429 $ 580 $ - $ 65,848 Special Mention - - - - - 432 - - 432 Substandard - 524 - 1,064 - 188 325 - 2,101 Doubtful - - - - - - - - - Total $ 1,033 $ 13,957 $ 5,607 $ 10,251 $ 8,579 $ 28,049 $ 905 $ - $ 68,381 Real Estate - Agriculture Current period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial loans Risk Rating Pass $ 28,394 $ 54,591 $ 30,757 $ 22,901 $ 14,153 $ 23,003 $ 33,754 $ - $ 207,553 Special Mention - - - - - 181 - - 181 Substandard - 32 24 9 - 89 - - 154 Doubtful - - - - - - - - - Total $ 28,394 $ 54,623 $ 30,781 $ 22,910 $ 14,153 $ 23,273 $ 33,754 $ - $ 207,888 Commercial loans Current period gross charge-offs $ - $ - $ - $ 50 $ - $ - $ - $ - $ 50 Other agricultural loans Risk Rating Pass $ 734 $ 6,128 $ 3,389 $ 3,335 $ 3,084 $ 4,948 $ 11,374 $ - $ 32,992 Special Mention - - 4 185 107 - 155 - 451 Substandard - - 471 - 119 - - - 590 Doubtful - - - - - - - - - Total $ 734 $ 6,128 $ 3,864 $ 3,520 $ 3,310 $ 4,948 $ 11,529 $ - $ 34,033 Other agricultural loans Current period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Total Risk Rating Pass $ 56,028 $ 208,105 $ 156,007 $ 110,789 $ 102,431 $ 273,211 $ 63,381 $ - $ 969,952 Special Mention - - 247 185 107 1,432 155 - 2,126 Substandard - 556 495 2,545 409 2,280 325 - 6,610 Doubtful - - - - - - - - - Total $ 56,028 $ 208,661 $ 156,749 $ 113,519 $ 102,947 $ 276,923 $ 63,861 $ - $ 978,688 The following table presents the classes of the loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard, Doubtful and Loss within the internal risk rating system as of December 31, 2022 (in thousands): Special Doubtful Pass Mention Substandard or Loss Total December 31, 2022 Commercial real estate loans $ 646,775 $ 1,079 $ 3,690 $ — $ 651,544 Real estate - agricultural 66,444 368 2,103 — 68,915 Commercial loans 186,966 184 107 — 187,257 Other agricultural loans 34,071 556 650 — 35,277 Total $ 934,256 $ 2,187 $ 6,550 $ — $ 942,993
Summary of Recorded Investment in Loan Classes Based on Payment Activity	The Company monitors the credit risk profile by payment activity for residential and consumer loan classes. Loans past due over 90 days and loans on nonaccrual status are considered nonperforming. Nonperforming loans are reviewed monthly. The following table presents the carrying value of residential and consumer loans based on payment activity (in thousands): Revolving Revolving Term Loans Amortized Costs Basis by Origination Year Loans Loans Amortized Converted March 31, 2023 2023 2022 2021 2020 2019 Prior Cost Basis to Term Total Residential real estate Payment Performance Performing $ 4,363 $ 52,321 $ 61,338 $ 38,029 $ 17,635 $ 99,233 $ 28,355 $ - $ 301,274 Nonperforming - - - - 58 328 51 - 437 Total $ 4,363 $ 52,321 $ 61,338 $ 38,029 $ 17,693 $ 99,561 $ 28,406 $ - $ 301,711 Residential real estate Current period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Construction Payment Performance Performing $ 636 $ 21,113 $ 6,213 $ 1,340 $ 1,950 $ 832 $ 307 $ - $ 32,391 Nonperforming - - - - - - - - - Total $ 636 $ 21,113 $ 6,213 $ 1,340 $ 1,950 $ 832 $ 307 $ - $ 32,391 Construction Current period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Consumer loans to individuals Payment Performance Performing $ 38,967 $ 98,034 $ 33,172 $ 20,602 $ 16,347 $ 14,845 $ 1,059 $ - $ 223,026 Nonperforming - 121 36 21 40 3 - - 221 Total $ 38,967 $ 98,155 $ 33,208 $ 20,623 $ 16,387 $ 14,848 $ 1,059 $ - $ 223,247 Consumer loans to individuals Current period gross charge-offs $ - $ 91 $ 70 $ 14 $ 10 $ 6 $ 11 $ - $ 202 Total Payment Performance Performing $ 43,966 $ 171,468 $ 100,723 $ 59,971 $ 35,932 $ 114,910 $ 29,721 $ - $ 556,691 Nonperforming - 121 36 21 98 331 51 - 658 Total $ 43,966 $ 171,589 $ 100,759 $ 59,992 $ 36,030 $ 115,241 $ 29,772 $ - $ 557,349 For residential real estate loans, construction loans and consumer loans, the Company evaluates credit quality based on the performance of the individual credits. The following table presents the recorded investment in the loan classes based on payment activity as of December 31, 2022 (in thousands): Performing Nonperforming Total December 31, 2022 Residential real estate loans $ 298,327 $ 486 $ 298,813 Construction 32,469 — 32,469 Consumer loans to individuals 199,985 164 200,149 Total $ 530,781 $ 650 $ 531,431

Operating Leases (Tables)

Operating Leases (Tables)	3 Months Ended
	Mar. 31, 2023
Operating Leases [Abstract]
Lease Cost	Operating Weighted-average remaining term 9.9 Weighted-average discount rate 2.94 %
Undiscounted Cash Flows Due	Undiscounted cash flows due (in thousands) Operating 2023 $ 500 2024 664 2025 680 2026 524 2027 401 2028 and thereafter 2,414 Total undiscounted cash flows 5,183 Discount on cash flows ( 776 ) Total lease liabilities $ 4,407

Fair Value of Assets and Liab_2

Fair Value of Assets and Liabilities (Tables)	3 Months Ended
	Mar. 31, 2023
Fair Value of Assets and Liabilities [Abstract]
Fair Value, Assets Measured on Recurring Basis	Fair Value Measurement Using Reporting Date Description Total Level 1 Level 2 Level 3 March 31, 2023 (In thousands) ASSETS Available for Sale: U.S. Treasury securities $ 42,432 $ - $ 42,432 $ - U.S. Government agencies 18,640 18,640 States and political subdivisions 129,449 - 129,449 - Mortgage-backed securities-government sponsored entities 227,724 - 227,724 - Interest rate derivatives 1,252 - 1,252 - LIABILITIES Interest rate derivatives 1,252 - 1,252 - Description Total Level 1 Level 2 Level 3 December 31, 2022 (In thousands) ASSETS Available for Sale: U.S. Treasury securities $ 41,854 $ $ 41,854 $ U.S. Government agencies 18,323 - 18,323 - States and political subdivisions 127,852 127,852 Corporate obligations - - - - Mortgage-backed securities-government sponsored entities 230,898 - 230,898 - Interest rate derivatives 1,464 - 1,464 - LIABILITIES Interest rate derivatives 1,464 - 1,464 -
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis	Fair Value Measurement Using Reporting Date (In thousands) Description Total Level 1 Level 2 Level 3 March 31, 2023 Individually analyzed loans held for investment $ 354 $ - $ - $ 354 Foreclosed Real Estate Owned 346 - - 346 December 31, 2022 Impaired Loans $ 413 $ - $ - $ 413 Foreclosed Real Estate Owned 346 - - 346
Additional Qualitative Information about Level 3 Assets	Quantitative Information about Level 3 Fair Value Measurements (dollars in thousands) Fair Value Estimate Valuation Techniques Unobservable Input Range (Weighted Average) March 31, 2023 Individually analyzed loans held for investment $ 354 Appraisal of collateral(1) Appraisal adjustments(2) 10.0 % ( 10.00 %) Foreclosed real estate owned $ 346 Appraisal of collateral(1) Liquidation Expenses(2) 7.00 % ( 7.00 %) Quantitative Information about Level 3 Fair Value Measurements (dollars in thousands) Fair Value Estimate Valuation Techniques Unobservable Input Range (Weighted Average) December 31, 2022 Impaired loans $ 413 Appraisal of collateral(1) Appraisal adjustments(2) 0 %- 10.0 % ( 8.92 %) Foreclosed real estate owned $ 346 Appraisal of collateral(1) Liquidation Expenses(2) 7.00 % ( 7.00 %) (1) Fair value is generally determined through independent appraisals of the underlying collateral, which generally include various Level 3 inputs which are not identifiable, less any associated allowance. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range and weighted average of liquidation expenses and other appraisal adjustments are presented as a percent of the appraisal.
Fair Value, by Balance Sheet Grouping	Fair Value Measurements at March 31, 2023 Carrying Amount Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents (1) $ 29,015 $ 29,015 $ 29,015 $ - $ - Loans receivable, net 1,516,198 1,480,316 - - 1,480,316 Mortgage servicing rights 196 498 - - 498 Regulatory stock (1) 5,963 5,963 5,963 - - Bank owned life insurance (1) 45,577 45,577 45,577 - - Accrued interest receivable (1) 6,633 6,633 6,633 - - Financial liabilities: Deposits 1,755,935 1,754,101 1,174,044 - 580,057 Short-term borrowings (1) 108,555 108,555 108,555 - - Other borrowings 40,189 40,251 - - 40,251 Accrued interest payable (1) 4,703 4,703 4,703 - - Off-balance sheet financial instruments: Commitments to extend credit and outstanding letters of credit - - - - - Fair Value Measurements at December 31, 2022 Carrying Amount Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents (1) $ 31,866 $ 31,866 $ 31,866 $ - $ - Loans receivable, net 1,456,946 1,418,300 - - 1,418,300 Mortgage servicing rights 213 498 - - 498 Regulatory stock (1) 5,418 5,418 5,418 - - Bank owned life insurance (1) 43,364 43,364 43,364 - - Accrued interest receivable (1) 6,917 6,917 6,917 - - Financial liabilities: Deposits 1,727,727 1,727,184 1,223,958 - 503,226 Short-term borrowings (1) 93,215 93,215 93,215 - - Other borrowings 40,000 40,074 - - 40,074 Accrued interest payable (1) 2,653 2,653 2,653 - - Off-balance sheet financial instruments: Commitments to extend credit and outstanding letters of credit - - - - - (1) This financial instrument is carried at cost, which approximates the fair value of the instrument.

Interest Rate Swaps (Tables)

Interest Rate Swaps (Tables)	3 Months Ended
	Mar. 31, 2023
Interest Rate Swaps [Abstract]
Summary of Derivatives	(Amounts in thousands) Notional Amount Fair Value March 31, 2023 December 31, 2022 Interest Rate Paid Interest Rate Received March 31, 2023 December 31, 2022 Customer interest rate swap Maturing November, 2030 $ 6,422 $ 6,513 Term SOFR + Margin Fixed $ 761 $ 889 Maturing December, 2030 4,231 4,297 Term SOFR + Margin Fixed 491 575 Total $ 10,653 $ 10,810 $ 1,252 $ 1,464 Third party interest rate swap Maturing November, 2030 $ 6,422 $ 6,513 Fixed Term SOFR + Margin $ 761 $ 889 Maturing December, 2030 4,231 4,297 Fixed Term SOFR + Margin 491 575 Total $ 10,653 $ 10,810 $ 1,252 $ 1,464
Fair Value of Derivative Instruments	(Amounts in thousands) Assets Liabilities Balance Sheet Location Fair Value Balance Sheet Location Fair Value March 31, 2023 Interest rate derivatives Other assets $ 1,252 Other liabilities $ 1,252 December 31, 2022 Interest rate derivatives Other assets 1,464 Other liabilities 1,464

Basis of Presentation (Narrativ

Basis of Presentation (Narrative) (Details) - USD ($) $ in Thousands	Jan. 01, 2023	Mar. 31, 2023	Dec. 31, 2022
Retained Earnings (Accumulated Deficit)		$ 131,416	$ 130,020
ACL	$ 19,794
ACL on debt securities available for sale		0	$ 0
Accounting Standards Update 2016-13 [Member]
Retained Earnings (Accumulated Deficit)	1,751
Provision for credit loss expense - loans	260
ACL on debt securities available for sale	0
Allowance for credit losses for PCD assets	$ 250
Accrued interest receivable		$ 1,762

Basis of Presentation (Changes

Basis of Presentation (Changes from Incurred loss Model to Expected Credit Loss Model) (Details) - USD ($) $ in Thousands	Jan. 01, 2023	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL on debt securities available for sale		$ 0	$ 0
ACL on loans		19,445	16,999	$ 16,660	$ 16,442
ACL	$ 19,794
Pre Adoption [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL	16,999
Adoption Impact [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL	2,795
Unfunded Loan Commitment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL	329
Unfunded Loan Commitment [Member] | Adoption Impact [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL	329
Residential Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL on loans	1,288	1,359	2,833	2,326	2,175
Residential Real Estate Loans [Member] | Pre Adoption [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL on loans	2,833
Residential Real Estate Loans [Member] | Adoption Impact [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL on loans	(1,545)
Commercial Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL on loans	1,289	1,158	2,445	1,495	1,490
Commercial Loans [Member] | Pre Adoption [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL on loans	2,445
Commercial Loans [Member] | Adoption Impact [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL on loans	(1,156)
Construction Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL on loans	797	703	409	134	133
Construction Real Estate Loans [Member] | Pre Adoption [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL on loans	409
Construction Real Estate Loans [Member] | Adoption Impact [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL on loans	388
Commercial Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL on loans	13,820	13,725	8,293	10,287	10,878
Commercial Real Estate Loans [Member] | Pre Adoption [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL on loans	8,293
Commercial Real Estate Loans [Member] | Adoption Impact [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL on loans	5,527
Consumer Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL on loans	2,085	$ 2,297	$ 2,636	$ 1,622	$ 1,766
Consumer Loans [Member] | Pre Adoption [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL on loans	2,636
Consumer Loans [Member] | Adoption Impact [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL on loans	(551)
Agricultural Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL on loans	59
Agricultural Real Estate Loans [Member] | Pre Adoption [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL on loans	259
Agricultural Real Estate Loans [Member] | Adoption Impact [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL on loans	(200)
Other Agricultural Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL on loans	127
Other Agricultural Loans [Member] | Pre Adoption [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL on loans	124
Other Agricultural Loans [Member] | Adoption Impact [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
ACL on loans	$ 3

Revenue Recognition (Noninteres

Revenue Recognition (Noninterest Income) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Noninterest Income (in scope of Topic 606)	$ 1,677	$ 3,144
Net realized gains on sales of securities	2
Loan servicing fees	20	18
Earnings on and proceeds from bank-owned life insurance	213	176
Noninterest Income (out-of-scope of Topic 606)	235	194
Total Other Income	1,912	3,338
Service Charges On Deposit Accounts [Member]
Noninterest Income (in scope of Topic 606)	103	99
ATM Fees [Member]
Noninterest Income (in scope of Topic 606)	106	105
Overdraft Fees [Member]
Noninterest Income (in scope of Topic 606)	320	288
Safe Deposit Box Rental [Member]
Noninterest Income (in scope of Topic 606)	26	22
Loan Related Service Fees [Member]
Noninterest Income (in scope of Topic 606)	153	269
Debit Card Fees[Member]
Noninterest Income (in scope of Topic 606)	559	628
Fiduciary Activities [Member]
Noninterest Income (in scope of Topic 606)	212	202
Commissions On Mutual Funds And Annuities [Member]
Noninterest Income (in scope of Topic 606)	26	41
Gains On Sales Of Other Real Estate Owned [Member]
Noninterest Income (in scope of Topic 606)		427
Other Income [Member]
Noninterest Income (in scope of Topic 606)	$ 172	$ 1,063

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - $ / shares	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Earnings Per Share [Abstract]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	110,350	74,350
Share price	$ 29.42	$ 28.59	$ 33.44

Earnings Per Share (Computation

Earnings Per Share (Computations of Basic and Diluted Earnings Per Share) (Details) - $ / shares shares in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Weighted Average Number of Shares Outstanding, Basic [Abstract]
Weighted average shares outstanding	8,176	8,203
Less: Unvested restricted shares	(45)	(32)
Basic EPS weighted average shares outstanding	8,131	8,171
Basic EPS weighted average shares outstanding	8,131	8,171
Add: Dilutive effect of stock options and restricted shares	17	25
Diluted EPS weighted average shares outstanding	8,148	8,196
Earnings Per Share, Basic	$ 0.71	$ 0.87
Earnings Per Share, Diluted	$ 0.71	$ 0.87

Stock Based Compensation (Narra

Stock Based Compensation (Narrative) (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Future compensation expense of non-vested restricted stock outstanding	$ 1,180,000
Non-vested restricted stock recognition period	3 years 6 months
Non-vested stock outstanding	44,460	32,030	44,460	32,030
Options, Granted	2,500
Compensation expense related to stock options	$ 96,000	$ 67,000
Share price	$ 29.42	$ 28.59	$ 33.44
Options, Exercised in Period	14,250
Remaining Life, Years	6 years 8 months 12 days		6 years 9 months 18 days
Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, Granted	2,500
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost	$ 114,000	$ 82,000
Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, Exercised in Period		1,650
Norwood Financial Corp 2014 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost related to non-vested options granted	$ 287,000

Stock Based Compensation (Summa

Stock Based Compensation (Summary of Stock Option Activity) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Stock Based Compensation [Abstract]
Options, beginning of year	218,975
Options, Granted	2,500
Options, Exercised	(14,250)
Options, end of year	207,225	218,975
Options, Exercisable, end of period	166,725
Weighted Average Exercise Price Per Share, Outstanding, beginning of period	$ 28.70
Weighted Average Exercise Price Per Share, Granted	29.60
Weighted Average Exercise Price Per Share, Exercised	23.39
Weighted Average Exercise Price Per Share, Outstanding, end of period	29.07	$ 28.70
Weighted Average Exercise Price Per Share, Exercisable, end of period	$ 28.04
Weighted Average Remaining Contractual Term, Outstanding	6 years 8 months 12 days	6 years 9 months 18 days
Weighted Average Remaining Contractual Term, Granted in Period	10 years
Weighted Average Remaining Contractual Term, Exercised During Period	5 years 8 months 12 days
Weighted Average Remaining Contractual Term, Exercisable at End of Period	5 years 10 months 24 days
Aggregate Intrinsic Value, Outstanding, beginning of period	$ 1,100
Aggregate Intrinsic Value, Outstanding, end of period	528	$ 1,100
Aggregate Intrinsic Value, Exercisable at end of period	$ 528

Stock Based Compensation (Sum_2

Stock Based Compensation (Summary of Restricted Stock Activity) (Details) - $ / shares	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Stock Based Compensation [Abstract]
Restricted stock Non-vested, beginning balance	44,460	32,030
Restricted stock, granted
Restricted stock, vested
Restricted stock, forfeited
Restricted stock Non-vested, ending balance	44,460	32,030
Restricted stock Non-vested, weighted-average grant date fair value, beginning balance	$ 30.12	$ 26.76
Restricted stock, granted, weighted-average grant date fair value
Restricted stock, vested, weighted-average grant date fair value
Restricted stock, forfeited, weighted-average grant date fair value
Restricted stock Non-vested, weighted-average grant date fair value, ending balance	$ 30.12	$ 26.76

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) (Summary Of Changes In Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	$ (57,353)
Other comprehensive income (loss)	7,390	$ (23,469)
Ending balance	(49,963)
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss)	7,390	(23,469)
Amount Reclassified From Accumulated Other Comprehensive Income (Loss) [Member] | Unrealized gains and losses on available-for-sale securities [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(57,353)	(256)
Other comprehensive loss before reclassification	7,392	(23,469)
Amount reclassified from accumulated other comprehensive (income) loss	(2)
Other comprehensive income (loss)	7,390	(23,469)
Ending balance	$ (49,963)	$ (23,725)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income (Loss) (Significant Amounts Reclassified Out Of Each Component Of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Unrealized gains on available for sale securities	$ 2
Income tax expense	(1,487)	$ (1,854)
NET INCOME	5,782	$ 7,128
Amount Reclassified From Accumulated Other Comprehensive Income (Loss) [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Unrealized gains on available for sale securities	2
NET INCOME	$ 2

Off-Balance Sheet Financial I_3

Off-Balance Sheet Financial Instruments and Guarantees (Schedule of Fair Value, Off-balance Sheet Risks) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Mar. 31, 2022
Loss Contingencies [Line Items]
Financial instrument commitments	$ 274,647	$ 224,760
Commitments to Grant Loans [Member]
Loss Contingencies [Line Items]
Financial instrument commitments	92,602	82,444
Unfunded Commitments Under Lines of Credit [Member]
Loss Contingencies [Line Items]
Financial instrument commitments	166,507	136,710
Standby Letters of Credit [Member]
Loss Contingencies [Line Items]
Financial instrument commitments	$ 15,538	$ 5,606

Securities (Narrative) (Details

Securities (Narrative) (Details) $ in Thousands	Mar. 31, 2023 USD ($) security	Dec. 31, 2022 USD ($)
Securities [Abstract]
Debt securities in unrealized loss position in the less than twelve months category	62
Debt securities in unrealized loss position in the twelve months or more category	277
Pledged Financial Instruments, Not Separately Reported, Securities | $	$ 373,184	$ 378,472

Securities (Schedule of Amortiz

Securities (Schedule of Amortized Cost Gross Unrealized Gains and Losses, and Fair Values of Securities) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Schedule of Investments [Line Items]
Available for Sale, Amortized Cost, Total	$ 482,221
Available for Sale, Fair Value	418,245	$ 418,927
Debt Securities [Member]
Schedule of Investments [Line Items]
Available for Sale, Amortized Cost, Total	482,221	492,256
Available for Sale, Gross Unrealized Gains		2
Available for Sale, Gross Unrealized Losses	(63,976)	(73,331)
Available for Sale, Fair Value	418,245	418,927
U.S. Treasury Securities [Member]
Schedule of Investments [Line Items]
Available for Sale, Amortized Cost, Total	45,106
Available for Sale, Gross Unrealized Losses	(2,674)
Available for Sale, Fair Value	42,432
U.S. Government Agencies [Member]
Schedule of Investments [Line Items]
Available for Sale, Amortized Cost, Total	21,296	45,066
Available for Sale, Gross Unrealized Losses	(2,656)	(3,212)
Available for Sale, Fair Value	18,640	41,854
States And Political Subdivisions [Member]
Schedule of Investments [Line Items]
Available for Sale, Amortized Cost, Total	153,899	21,266
Available for Sale, Gross Unrealized Losses	(24,450)	(2,943)
Available for Sale, Fair Value	129,449	18,323
Corporate Obligations [Member]
Schedule of Investments [Line Items]
Available for Sale, Amortized Cost, Total		157,524
Available for Sale, Gross Unrealized Gains		2
Available for Sale, Gross Unrealized Losses		(29,674)
Available for Sale, Fair Value		127,852
Mortgage-backed Securities-Government Sponsored Entities [Member]
Schedule of Investments [Line Items]
Available for Sale, Amortized Cost, Total	261,920	268,400
Available for Sale, Gross Unrealized Losses	(34,196)	(37,502)
Available for Sale, Fair Value	$ 227,724	$ 230,898

Securities (Schedule of Investm

Securities (Schedule of Investments' Gross Unrealized Losses and Fair Value Aggregated by Security Type and Length of Time that Individual Securities have been in a Continuous Unrealized Loss Position) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Debt Securities [Member]
Schedule of Investments [Line Items]
Less than 12 Months, Fair Value	$ 76,160	$ 203,095
Less than 12 Months, Unrealized Losses	(2,723)	(23,567)
12 Months or More, Fair Value	340,095	212,027
12 Months or More, Unrealized Losses	(61,253)	(49,764)
Total, Fair Value	416,255	415,122
Total, Unrealized Losses	(63,976)	(73,331)
U.S. Treasury Securities [Member]
Schedule of Investments [Line Items]
Less than 12 Months, Fair Value	23,162	25,733
Less than 12 Months, Unrealized Losses	(449)	(849)
12 Months or More, Fair Value	19,270	16,121
12 Months or More, Unrealized Losses	(2,225)	(2,363)
Total, Fair Value	42,432	41,854
Total, Unrealized Losses	(2,674)	(3,212)
U.S. Government Agencies [Member]
Schedule of Investments [Line Items]
Less than 12 Months, Fair Value	4,805	8,321
Less than 12 Months, Unrealized Losses	(91)	(885)
12 Months or More, Fair Value	13,835	10,002
12 Months or More, Unrealized Losses	(2,565)	(2,058)
Total, Fair Value	18,640	18,323
Total, Unrealized Losses	(2,656)	(2,943)
States And Political Subdivisions [Member]
Schedule of Investments [Line Items]
Less than 12 Months, Fair Value	16,673	66,680
Less than 12 Months, Unrealized Losses	(508)	(11,194)
12 Months or More, Fair Value	110,786	57,367
12 Months or More, Unrealized Losses	(23,942)	(18,480)
Total, Fair Value	127,459	124,047
Total, Unrealized Losses	(24,450)	(29,674)
Mortgage-backed Securities-Government Sponsored Entities [Member]
Schedule of Investments [Line Items]
Less than 12 Months, Fair Value	31,520	102,361
Less than 12 Months, Unrealized Losses	(1,675)	(10,639)
12 Months or More, Fair Value	196,204	128,537
12 Months or More, Unrealized Losses	(32,521)	(26,863)
Total, Fair Value	227,724	230,898
Total, Unrealized Losses	$ (34,196)	$ (37,502)

Securities (Schedule of Amort_2

Securities (Schedule of Amortized Cost and Fair Value Of Debt Securities by Contractual Maturity) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Securities [Abstract]
Available for Sale, Amortized Cost, Due in one year or less	$ 8,861
Available for Sale, Amortized Cost, Due after one year through five years	44,287
Available for Sale, Amortized Cost, Due after five years through ten years	53,101
Available for Sale, Amortized Cost, Due after ten years	114,052
Available-for-sale Securities, Debt Maturities, Single Maturity Date, Amortized Cost Basis, Total	220,301
Available for Sale, Amortized Cost, Mortgage-backed securities-government sponsored entities	261,920
Available for Sale, Amortized Cost, Total	482,221
Available for Sale, Fair Value, Due in one year or less	8,760
Available for Sale, Fair Value, Due after one year through five years	41,964
Available for Sale, Fair Value, Due after five years through ten years	44,528
Available for Sale, Fair Value, Due after ten years	95,269
Available-for-sale Securities, Debt Maturities, Single Maturity Date, Total	190,521
Available for Sale, Fair Value, Mortgage-backed securities-government sponsored entities	227,724
Available for Sale, Fair Value, Total	$ 418,245	$ 418,927

Securities (Gross Realized Gain

Securities (Gross Realized Gains and Losses on Sales of Securities Available-for-Sale) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($)
Securities [Abstract]
Gross realized gains	$ 4
Gross realized losses	(2)
Net realized gain	2
Proceeds from sales of securities	$ 1,982

Loans Receivable and Allowanc_3

Loans Receivable and Allowance for Loan Losses (Narrative) (Details)	3 Months Ended
	Mar. 31, 2023 USD ($) property	Dec. 31, 2022 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Real Estate Acquired Through Foreclosure	$ 346,000	$ 346,000
Financing Receivable, before Allowance for Credit Loss	$ 1,536,037,000	1,474,424,000
Multiple Properties [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number Of Properties Acquired Through Foreclosure | property	0
Residential Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number Of Properties Under Foreclosure Proceedings | property	4
Mortgage Loans in Process of Foreclosure, Amount	$ 244,000
Financing Receivable, before Allowance for Credit Loss	301,711,000	298,813,000
Residential Real Estate Loans [Member] | Hospitality Lodging Industry [Member] | Loans Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	$ 116,000,000
Concentration Risk, Percentage	7.60%
Commercial Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	$ 668,386,000	$ 651,544,000
Commercial Real Estate Loans [Member] | Commercial Rentals [Member] | Loans Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	$ 142,300,000
Concentration Risk, Percentage	9.30%
Minimum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Annual Loan Review threshold, amount	$ 1,500,000

Loans Receivable and Allowanc_4

Loans Receivable and Allowance for Loan Losses (Composition of the Loan Portfolio) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Jan. 01, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 1,536,037		$ 1,474,424
Deferred fees, net	(394)		(479)
Total loans receivable	1,535,643		1,473,945
Allowance for credit losses	(19,445)		(16,999)	$ (16,660)	$ (16,442)
Net loans receivable	$ 1,516,198		$ 1,456,946
Percent of Loans	100%		100%
Residential Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 301,711		$ 298,813
Allowance for credit losses	$ (1,359)	$ (1,288)	$ (2,833)	(2,326)	(2,175)
Percent of Loans	19.70%		20.30%
Commercial Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 668,386		$ 651,544
Allowance for credit losses	$ (13,725)	(13,820)	$ (8,293)	(10,287)	(10,878)
Percent of Loans	43.50%		44.20%
Agricultural Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 68,381		$ 68,915
Allowance for credit losses		(59)
Percent of Loans	4.50%		4.70%
Construction Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 32,391		$ 32,469
Allowance for credit losses	$ (703)	(797)	$ (409)	(134)	(133)
Percent of Loans	2.10%		2.20%
Commercial Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 207,888		$ 187,257
Allowance for credit losses	$ (1,158)	(1,289)	$ (2,445)	(1,495)	(1,490)
Percent of Loans	13.50%		12.70%
Other Agricultural Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 34,033		$ 35,277
Allowance for credit losses		(127)
Percent of Loans	2.20%		2.40%
Consumer Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 223,247		$ 200,149
Allowance for credit losses	$ (2,297)	$ (2,085)	$ (2,636)	$ (1,622)	$ (1,766)
Percent of Loans	14.50%		13.50%

Loans Receivable and Allowanc_5

Loans Receivable and Allowance for Loan Losses (Information Regarding Loans Acquired and Accounted for in Accordance with ASC 310-30) (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Loans Receivable and Allowance for Loan Losses [Abstract]
Carrying Amount	$ 6,290

Loans Receivable and Allowanc_6

Loans Receivable and Allowance for Loan Losses (Summary of Amount of Loans in Each Category that were Individually and Collectively Evaluated for Impairment) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	$ 355	$ 463
Loans acquired with deteriorated credit quality		6,290
Collectively evaluated for impairment	1,535,682	1,467,671
Total	1,536,037	1,474,424
Residential Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans acquired with deteriorated credit quality		567
Collectively evaluated for impairment	301,711	298,246
Total	301,711	298,813
Commercial Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	290	402
Loans acquired with deteriorated credit quality		2,049
Collectively evaluated for impairment	668,096	649,093
Total	668,386	651,544
Agricultural Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans acquired with deteriorated credit quality		2,034
Collectively evaluated for impairment	68,381	66,881
Total	68,381	68,915
Construction Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Collectively evaluated for impairment	32,391	32,469
Total	32,391	32,469
Commercial Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	65	61
Loans acquired with deteriorated credit quality		1,640
Collectively evaluated for impairment	207,823	185,556
Total	207,888	187,257
Other Agricultural Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Collectively evaluated for impairment	34,033	35,277
Total	34,033	35,277
Consumer Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Collectively evaluated for impairment	223,247	200,149
Total	$ 223,247	$ 200,149

Loans Receivable and Allowanc_7

Loans Receivable and Allowance for Loan Losses (Impaired Loans and Related Interest Income by Loan Portfolio Class) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2022
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment		$ 413
Impaired Financing Receivable, with Related Allowance, Recorded Investment		50
Impaired Financing Receivable, Recorded Investment		463
Unpaid Principal Balance, With no related allowance recorded		413
Unpaid Principal Balance, With an allowance recorded		50
Unpaid Principal Balance, Total		463
Associated Allowance		50
Average Recorded Investment, Total	$ 1,666
Interest Income Recognized, Total	17
Commercial Real Estate Loans [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment		402
Impaired Financing Receivable, with Related Allowance, Recorded Investment		50
Impaired Financing Receivable, Recorded Investment		402
Unpaid Principal Balance, With no related allowance recorded		402
Unpaid Principal Balance, With an allowance recorded		50
Unpaid Principal Balance, Total		402
Associated Allowance		50
Average Recorded Investment, Total	1,650
Interest Income Recognized, Total	17
Commercial Loans [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment		11
Impaired Financing Receivable, Recorded Investment		61
Unpaid Principal Balance, With no related allowance recorded		11
Unpaid Principal Balance, Total		61
Associated Allowance		$ 50
Average Recorded Investment, Total	$ 16

Loans Receivable and Allowanc_8

Loans Receivable and Allowance for Loan Losses (Loan Portfolio Summarized by the Past Due Status) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Financing Receivable, Past Due [Line Items]
Loans	$ 1,536,037	$ 1,474,424
Non-Accrual	2,714	1,113
Total Past Due and Non-Accrual	5,312	3,221
Purchased Credit-Impaired [Member]
Financing Receivable, Past Due [Line Items]
Loans		6,290
Financial Asset, Not Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans	1,530,725	1,464,913
Financing Receivables, 31 to 60 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans	2,448	1,646
Financing Receivables, 61 to 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans	150	462
Residential Real Estate Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans	301,711	298,813
Non-Accrual	437	486
Total Past Due and Non-Accrual	1,443	896
Residential Real Estate Loans [Member] | Purchased Credit-Impaired [Member]
Financing Receivable, Past Due [Line Items]
Loans		567
Residential Real Estate Loans [Member] | Financial Asset, Not Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans	300,268	297,350
Residential Real Estate Loans [Member] | Financing Receivables, 31 to 60 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans	978	187
Residential Real Estate Loans [Member] | Financing Receivables, 61 to 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans	28	223
Commercial Real Estate Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans	668,386	651,544
Non-Accrual	1,941	402
Total Past Due and Non-Accrual	2,394	807
Commercial Real Estate Loans [Member] | Purchased Credit-Impaired [Member]
Financing Receivable, Past Due [Line Items]
Loans		2,049
Commercial Real Estate Loans [Member] | Financial Asset, Not Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans	665,992	648,688
Commercial Real Estate Loans [Member] | Financing Receivables, 31 to 60 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans	453	405
Agricultural Real Estate Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans	68,381	68,915
Total Past Due and Non-Accrual		130
Agricultural Real Estate Loans [Member] | Purchased Credit-Impaired [Member]
Financing Receivable, Past Due [Line Items]
Loans		2,034
Agricultural Real Estate Loans [Member] | Financial Asset, Not Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans	68,381	66,751
Agricultural Real Estate Loans [Member] | Financing Receivables, 31 to 60 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans		130
Construction Real Estate Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans	32,391	32,469
Total Past Due and Non-Accrual	23
Construction Real Estate Loans [Member] | Financial Asset, Not Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans	32,368	32,469
Construction Real Estate Loans [Member] | Financing Receivables, 31 to 60 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans	23
Commercial Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans	207,888	187,257
Non-Accrual	115	61
Total Past Due and Non-Accrual	422	132
Commercial Loans [Member] | Purchased Credit-Impaired [Member]
Financing Receivable, Past Due [Line Items]
Loans		1,640
Commercial Loans [Member] | Financial Asset, Not Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans	207,466	185,485
Commercial Loans [Member] | Financing Receivables, 31 to 60 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans	221	71
Commercial Loans [Member] | Financing Receivables, 61 to 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans	86
Other Agricultural Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans	34,033	35,277
Other Agricultural Loans [Member] | Financial Asset, Not Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans	34,033	35,277
Consumer Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans	223,247	200,149
Non-Accrual	221	164
Total Past Due and Non-Accrual	1,030	1,256
Consumer Loans [Member] | Financial Asset, Not Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans	222,217	198,893
Consumer Loans [Member] | Financing Receivables, 31 to 60 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans	773	853
Consumer Loans [Member] | Financing Receivables, 61 to 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans	$ 36	$ 239

Loans Receivable and Allowanc_9

Loans Receivable and Allowance for Loan Losses (Allowance for Loan Losses and Recorded Investment in Financing Receivables) (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance,	$ 16,999	$ 16,442	$ 16,442
Impact of adopting ASC 326			2,466
Charge Offs	(364)	(182)
Recoveries	44	100
Provision for credit losses	300	300
Ending balance,	19,445	16,660	16,999
Ending balance individually evaluated for impairment	1	1,659
Ending balance collectively evaluated for impairment	19,444	15,001
Residential Real Estate Loans [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance,	2,833	2,175	2,175
Impact of adopting ASC 326			(1,545)
Charge Offs		(115)
Recoveries	6	2
Provision for credit losses	65	264
Ending balance,	1,359	2,326	2,833
Ending balance collectively evaluated for impairment	1,359	2,326
Commercial Real Estate Loans [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance,	8,293	10,878	10,878
Impact of adopting ASC 326			5,527
Charge Offs	(112)
Recoveries	6	74
Provision for credit losses	11	(665)
Ending balance,	13,725	10,287	8,293
Ending balance individually evaluated for impairment		1,643
Ending balance collectively evaluated for impairment	13,725	8,644
Farmland [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance,	259
Impact of adopting ASC 326			(200)
Provision for credit losses	62	504
Ending balance,	121	504	259
Ending balance collectively evaluated for impairment	121	504
Construction Real Estate Loans [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance,	409	133	133
Impact of adopting ASC 326			388
Provision for credit losses	(94)	1
Ending balance,	703	134	409
Ending balance collectively evaluated for impairment	703	134
Commercial Loans [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance,	2,445	1,490	1,490
Impact of adopting ASC 326			(1,156)
Charge Offs	(50)	(15)
Recoveries	6	9
Provision for credit losses	(87)	11
Ending balance,	1,158	1,495	2,445
Ending balance individually evaluated for impairment	1	16
Ending balance collectively evaluated for impairment	1,157	1,479
Other Agricultural [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance,	124
Impact of adopting ASC 326			3
Provision for credit losses	(45)	292
Ending balance,	82	292	124
Ending balance collectively evaluated for impairment	82	292
Consumer Loans [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance,	2,636	1,766	1,766
Impact of adopting ASC 326			(551)
Charge Offs	(202)	(52)
Recoveries	26	15
Provision for credit losses	388	(107)
Ending balance,	2,297	1,622	$ 2,636
Ending balance collectively evaluated for impairment	$ 2,297	$ 1,622

Loans Receivable and Allowan_10

Loans Receivable and Allowance for Loan Losses (Summary of Carrying Value of Loan on Nonaccrual Status) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual with no ACL	$ 2,699
Nonaccrual with ACL	15
Non-Accrual	2,714	$ 1,113
Total Nonperforming	2,714
Residential Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual with no ACL	437
Non-Accrual	437	486
Total Nonperforming	437
Commercial Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual with no ACL	1,941
Non-Accrual	1,941	402
Total Nonperforming	1,941
Commercial Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual with no ACL	100
Nonaccrual with ACL	15
Non-Accrual	115	61
Total Nonperforming	115
Consumer Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual with no ACL	221
Non-Accrual	221	$ 164
Total Nonperforming	$ 221

Loans Receivable and Allowan_11

Loans Receivable and Allowance for Loan Losses (Summary of Recorded Investment by Internal Risk Rating Systems) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 1,536,037	$ 1,474,424
Non-Homogenous Pools [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	56,028
2022	208,661
2021	156,749
2020	113,519
2019	102,947
Prior	276,923
Revolving Loans Amortized Cost Basis	63,861
Total	978,688
Aggregate Pass and Criticized Categories [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total			$ 942,993
Pass [Member] | Non-Homogenous Pools [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	56,028
2022	208,105
2021	156,007
2020	110,789
2019	102,431
Prior	273,211
Revolving Loans Amortized Cost Basis	63,381
Total	969,952
Pass [Member] | Aggregate Pass and Criticized Categories [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total			934,256
Special Mention [Member] | Non-Homogenous Pools [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2021	247
2020	185
2019	107
Prior	1,432
Revolving Loans Amortized Cost Basis	155
Total	2,126
Special Mention [Member] | Aggregate Pass and Criticized Categories [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total			2,187
Substandard [Member] | Non-Homogenous Pools [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2022	556
2021	495
2020	2,545
2019	409
Prior	2,280
Revolving Loans Amortized Cost Basis	325
Total	6,610
Substandard [Member] | Aggregate Pass and Criticized Categories [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total			6,550
Commercial Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	668,386	651,544
Commercial Real Estate Loans [Member] | Non-Homogenous Pools [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	25,867
2022	133,953
2021	116,497
2020	76,838
2019	76,905
Prior	220,653
Revolving Loans Amortized Cost Basis	17,673
Total	668,386
Current period gross charge-offs, 2019	112
Current period gross charge-offs, Total	112
Commercial Real Estate Loans [Member] | Aggregate Pass and Criticized Categories [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total			651,544
Commercial Real Estate Loans [Member] | Pass [Member] | Non-Homogenous Pools [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	25,867
2022	133,953
2021	116,254
2020	75,366
2019	76,615
Prior	217,831
Revolving Loans Amortized Cost Basis	17,673
Total	663,559
Commercial Real Estate Loans [Member] | Pass [Member] | Aggregate Pass and Criticized Categories [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total			646,775
Commercial Real Estate Loans [Member] | Special Mention [Member] | Non-Homogenous Pools [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2021	243
Prior	819
Total	1,062
Commercial Real Estate Loans [Member] | Special Mention [Member] | Aggregate Pass and Criticized Categories [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total			1,079
Commercial Real Estate Loans [Member] | Substandard [Member] | Non-Homogenous Pools [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	1,472
2019	290
Prior	2,003
Total	3,765
Commercial Real Estate Loans [Member] | Substandard [Member] | Aggregate Pass and Criticized Categories [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total			3,690
Agricultural Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	68,381	68,915
Agricultural Real Estate Loans [Member] | Non-Homogenous Pools [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	1,033
2022	13,957
2021	5,607
2020	10,251
2019	8,579
Prior	28,049
Revolving Loans Amortized Cost Basis	905
Total	68,381
Agricultural Real Estate Loans [Member] | Aggregate Pass and Criticized Categories [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total			68,915
Agricultural Real Estate Loans [Member] | Pass [Member] | Non-Homogenous Pools [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	1,033
2022	13,433
2021	5,607
2020	9,187
2019	8,579
Prior	27,429
Revolving Loans Amortized Cost Basis	580
Total	65,848
Agricultural Real Estate Loans [Member] | Pass [Member] | Aggregate Pass and Criticized Categories [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total			66,444
Agricultural Real Estate Loans [Member] | Special Mention [Member] | Non-Homogenous Pools [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Prior	432
Total	432
Agricultural Real Estate Loans [Member] | Special Mention [Member] | Aggregate Pass and Criticized Categories [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total			368
Agricultural Real Estate Loans [Member] | Substandard [Member] | Non-Homogenous Pools [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2022	524
2020	1,064
Prior	188
Revolving Loans Amortized Cost Basis	325
Total	2,101
Agricultural Real Estate Loans [Member] | Substandard [Member] | Aggregate Pass and Criticized Categories [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total			2,103
Commercial Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	207,888	187,257
Commercial Loans [Member] | Non-Homogenous Pools [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	28,394
2022	54,623
2021	30,781
2020	22,910
2019	14,153
Prior	23,273
Revolving Loans Amortized Cost Basis	33,754
Total	207,888
Current period gross charge-offs, 2020	50
Current period gross charge-offs, Total	50
Commercial Loans [Member] | Aggregate Pass and Criticized Categories [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total			187,257
Commercial Loans [Member] | Pass [Member] | Non-Homogenous Pools [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	28,394
2022	54,591
2021	30,757
2020	22,901
2019	14,153
Prior	23,003
Revolving Loans Amortized Cost Basis	33,754
Total	207,553
Commercial Loans [Member] | Pass [Member] | Aggregate Pass and Criticized Categories [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total			186,966
Commercial Loans [Member] | Special Mention [Member] | Non-Homogenous Pools [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Prior	181
Total	181
Commercial Loans [Member] | Special Mention [Member] | Aggregate Pass and Criticized Categories [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total			184
Commercial Loans [Member] | Substandard [Member] | Non-Homogenous Pools [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2022	32
2021	24
2020	9
Prior	89
Total	154
Commercial Loans [Member] | Substandard [Member] | Aggregate Pass and Criticized Categories [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total			107
Other Agricultural Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	34,033	$ 35,277
Other Agricultural Loans [Member] | Non-Homogenous Pools [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	734
2022	6,128
2021	3,864
2020	3,520
2019	3,310
Prior	4,948
Revolving Loans Amortized Cost Basis	11,529
Total	34,033
Other Agricultural Loans [Member] | Aggregate Pass and Criticized Categories [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total			35,277
Other Agricultural Loans [Member] | Pass [Member] | Non-Homogenous Pools [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	734
2022	6,128
2021	3,389
2020	3,335
2019	3,084
Prior	4,948
Revolving Loans Amortized Cost Basis	11,374
Total	32,992
Other Agricultural Loans [Member] | Pass [Member] | Aggregate Pass and Criticized Categories [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total			34,071
Other Agricultural Loans [Member] | Special Mention [Member] | Non-Homogenous Pools [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2021	4
2020	185
2019	107
Revolving Loans Amortized Cost Basis	155
Total	451
Other Agricultural Loans [Member] | Special Mention [Member] | Aggregate Pass and Criticized Categories [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total			556
Other Agricultural Loans [Member] | Substandard [Member] | Non-Homogenous Pools [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2021	471
2019	119
Total	$ 590
Other Agricultural Loans [Member] | Substandard [Member] | Aggregate Pass and Criticized Categories [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total			$ 650

Loans Receivable and Allowan_12

Loans Receivable and Allowance for Loan Losses (Summary of Recorded investment in Loan Classes Based on Payment Activity) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 1,536,037	$ 1,474,424
Based on Payment Activity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	43,966
2022	171,589
2021	100,759
2020	59,992
2019	36,030
Prior	115,241
Revolving Loans Amortized Cost Basis	29,772
Total	557,349	531,431
Performing [Member] | Based on Payment Activity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	43,966
2022	171,468
2021	100,723
2020	59,971
2019	35,932
Prior	114,910
Revolving Loans Amortized Cost Basis	29,721
Total	556,691	530,781
Nonperforming [Member] | Based on Payment Activity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2022	121
2021	36
2020	21
2019	98
Prior	331
Revolving Loans Amortized Cost Basis	51
Total	658	650
Residential Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	301,711	298,813
Residential Real Estate Loans [Member] | Based on Payment Activity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	4,363
2022	52,321
2021	61,338
2020	38,029
2019	17,693
Prior	99,561
Revolving Loans Amortized Cost Basis	28,406
Total	301,711	298,813
Residential Real Estate Loans [Member] | Performing [Member] | Based on Payment Activity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	4,363
2022	52,321
2021	61,338
2020	38,029
2019	17,635
Prior	99,233
Revolving Loans Amortized Cost Basis	28,355
Total	301,274	298,327
Residential Real Estate Loans [Member] | Nonperforming [Member] | Based on Payment Activity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2019	58
Prior	328
Revolving Loans Amortized Cost Basis	51
Total	437	486
Construction Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	32,391	32,469
Construction Real Estate Loans [Member] | Based on Payment Activity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	636
2022	21,113
2021	6,213
2020	1,340
2019	1,950
Prior	832
Revolving Loans Amortized Cost Basis	307
Total	32,391	32,469
Construction Real Estate Loans [Member] | Performing [Member] | Based on Payment Activity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	636
2022	21,113
2021	6,213
2020	1,340
2019	1,950
Prior	832
Revolving Loans Amortized Cost Basis	307
Total	32,391	32,469
Consumer Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	223,247	200,149
Consumer Loans [Member] | Based on Payment Activity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	38,967
2022	98,155
2021	33,208
2020	20,623
2019	16,387
Prior	14,848
Revolving Loans Amortized Cost Basis	1,059
Total	223,247	200,149
Current period gross charge-offs, 2022	91
Current period gross charge-offs, 2021	70
Current period gross charge-offs, 2020	14
Current period gross charge-offs, 2019	10
Current period gross charge-offs, Prior	6
Current period gross charge-offs, Revolving loans amortized cost basis	11
Current period gross charge-offs, Total	202
Consumer Loans [Member] | Performing [Member] | Based on Payment Activity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	38,967
2022	98,034
2021	33,172
2020	20,602
2019	16,347
Prior	14,845
Revolving Loans Amortized Cost Basis	1,059
Total	223,026	199,985
Consumer Loans [Member] | Nonperforming [Member] | Based on Payment Activity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
2022	121
2021	36
2020	21
2019	40
Prior	3
Total	$ 221	$ 164

Operating Leases (Narrative) (D

Operating Leases (Narrative) (Details)	3 Months Ended
	Mar. 31, 2023 USD ($) item	Mar. 31, 2022 USD ($)
Operating Leases [Abstract]
Number of operating leases | item	7
Lease, Cost	$ 176,000	$ 148,000
Operating Lease, Liability	$ 4,407,000

Operating Leases (Lease Cost) (

Operating Leases (Lease Cost) (Details)	Mar. 31, 2023
Operating Leases [Abstract]
Weighted-average remaining term	9 years 10 months 24 days
Weighted-average discount rate	2.94%

Operating Leases (Undiscounted

Operating Leases (Undiscounted Cash Flows Due) (Details) $ in Thousands	Mar. 31, 2023 USD ($)
Operating Leases [Abstract]
2023	$ 500
2024	664
2025	680
2026	524
2027	401
2028 and thereafter	2,414
Total undiscounted cash flows	5,183
Discount on cash flows	(776)
Total lease liabilities	$ 4,407

Fair Value of Assets and Liab_3

Fair Value of Assets and Liabilities (Narrative) (Details) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023 USD ($) item	Dec. 31, 2022 USD ($) loan
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Financing Receivable, Recorded Investment		$ 463
Impaired Financing Receivable, Related Allowance		50
Impaired Financing Receivable, with No Related Allowance, Recorded Investment		413
Impaired Financing Receivable, with Related Allowance, Recorded Investment		$ 50
Number of impaired loans, with related allowance | loan		3
Impaired Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 354	$ 413
Number of impaired loans not requiring a valuation allowance | item	1
Impaired Financing Receivable, with No Related Allowance, Recorded Investment		413
Valuation allowance	$ 1
Impaired Loans, Cumulative Charge-Offs	112	$ 0
Loan [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	$ 15
Number of loans with related allowance | loan		1
Impaired Financing Receivable, with Related Allowance, Recorded Investment		$ 50
Valuation allowance		50
Impaired Loans, Cumulative Charge-Offs		$ 0

Fair Value of Assets and Liab_4

Fair Value of Assets and Liabilities (Fair Value, Assets Measured on Recurring Basis) (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
U.S. Treasury Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
ASSETS	$ 42,432	$ 41,854
U.S. Treasury Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
ASSETS	42,432	41,854
U.S. Government Agencies [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
ASSETS	18,640	18,323
U.S. Government Agencies [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
ASSETS	18,640	18,323
States And Political Subdivisions [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
ASSETS	129,449	127,852
States And Political Subdivisions [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
ASSETS	129,449	127,852
Mortgage-backed Securities-Government Sponsored Entities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
ASSETS	227,724	230,898
Mortgage-backed Securities-Government Sponsored Entities [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
ASSETS	227,724	230,898
Interest Rate Derivatives [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
ASSETS	1,252	1,464
LIABILITIES	1,252	1,464
Interest Rate Derivatives [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
ASSETS	1,252	1,464
LIABILITIES	$ 1,252	$ 1,464

Fair Value of Assets and Liab_5

Fair Value of Assets and Liabilities (Fair Value, Assets and Liabilities Measured on Nonrecurring Basis) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Impaired Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 354	$ 413
Fair Value, Nonrecurring [Member] | Impaired Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	354	413
Fair Value, Nonrecurring [Member] | Impaired Loans [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	354	413
Fair Value, Nonrecurring [Member] | Foreclosed Real Estate Owned [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	346	346
Fair Value, Nonrecurring [Member] | Foreclosed Real Estate Owned [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 346	$ 346

Fair Value of Assets and Liab_6

Fair Value of Assets and Liabilities (Additional Qualitative Information about Level 3 Assets) (Details) $ in Thousands	Mar. 31, 2023 USD ($) item	Dec. 31, 2022 USD ($) item
Impaired Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure | $	$ 354	$ 413
Impaired Loans [Member] | Appraisal of collateral [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure | $	$ 354	$ 413
Impaired Loans [Member] | Minimum [Member] | Appraisal of collateral [Member] | Measurement Input, Appraised Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing Asset, Measurement Input	0.100	0
Impaired Loans [Member] | Maximum [Member] | Appraisal of collateral [Member] | Measurement Input, Appraised Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing Asset, Measurement Input	(0.1000)	0.100
Impaired Loans [Member] | Weighted Average [Member] | Appraisal of collateral [Member] | Measurement Input, Appraised Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing Asset, Measurement Input		0.0892
Foreclosed Real Estate Owned [Member] | Appraisal of collateral [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure | $	$ 346	$ 346
Foreclosed Real Estate Owned [Member] | Appraisal of collateral [Member] | Measurement Input, Liquidation Expenses [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Real Estate Owned, Measurement Input	0.0700	0.0700
Foreclosed Real Estate Owned [Member] | Weighted Average [Member] | Appraisal of collateral [Member] | Measurement Input, Liquidation Expenses [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Real Estate Owned, Measurement Input	0.0700	0.0700

Fair Value of Assets and Liab_7

Fair Value of Assets and Liabilities (Fair Value, by Balance Sheet Grouping) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial assets: Cash and cash equivalents, Fair Value Disclosure	$ 29,015	$ 31,866
Financial assets: Loans receivable, net, Fair Value Disclosure	1,480,316	1,418,300
Financial assets: Mortgage servicing rights, Fair Value Disclosure	498	498
Financial assets: Regulatory stock, Fair Value Disclosure	5,963	5,418
Financial assets: Bank owned life insurance, Fair Value Disclosure	45,577	43,364
Financial assets: Accrued interest receivable, Fair Value Disclosure	6,633	6,917
Financial liabilities: Deposits, Fair Value Disclosure	1,754,101	1,727,184
Financial liabilities: Short-term borrowings, Fair Value Disclosure	108,555	93,215
Financial liabilities: Other borrowings, Fair Value Disclosure	40,251	40,074
Financial liabilities: Accrued interest payable, Fair Value Disclosure	4,703	2,653
Financial assets: Cash and cash equivalents	29,015	31,866	$ 166,026	$ 206,681
Financial assets: Loans receivable, net	1,516,198	1,456,946
Financial assets: Mortgage servicing rights	196	213
Financial assets: Regulatory stock	5,963	5,418
Financial assets: Bank owned life insurance	45,577	43,364
Financial assets: Accrued interest receivable	6,633	6,917
Financial liabilities: Deposits	1,755,935	1,727,727
Financial liabilities: Short-term borrowings	108,555	93,215
Financial liabilities: Other borrowings	40,189	40,000
Financial liabilities: Accrued interest payable	4,703	2,653
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial assets: Cash and cash equivalents, Fair Value Disclosure	29,015	31,866
Financial assets: Regulatory stock, Fair Value Disclosure	5,963	5,418
Financial assets: Bank owned life insurance, Fair Value Disclosure	45,577	43,364
Financial assets: Accrued interest receivable, Fair Value Disclosure	6,633	6,917
Financial liabilities: Deposits, Fair Value Disclosure	1,174,044	1,223,958
Financial liabilities: Short-term borrowings, Fair Value Disclosure	108,555	93,215
Financial liabilities: Accrued interest payable, Fair Value Disclosure	4,703	2,653
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial assets: Loans receivable, net, Fair Value Disclosure	1,480,316	1,418,300
Financial assets: Mortgage servicing rights, Fair Value Disclosure	498	498
Financial liabilities: Deposits, Fair Value Disclosure	580,057	503,226
Financial liabilities: Other borrowings, Fair Value Disclosure	$ 40,251	$ 40,074

Interest Rate Swaps (Narrative)

Interest Rate Swaps (Narrative) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Prepaid Expense and Other Assets	Prepaid Expense and Other Assets
Interest Rate Contract [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Pledged cash as collateral	$ 350
Derivative Asset	$ 1,252	$ 1,464

Interest Rate Swaps (Summary of

Interest Rate Swaps (Summary of Derivatives) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Customer Interest Rate Swap [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, Notional Amount	$ 10,653	$ 10,810
Fair Value	1,252	1,464
Customer Interest Rate Swap [Member] | London Interbank Offered Rate (LIBOR) Swap Rate [Member] | Maturing November, 2030 [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, Notional Amount	6,422	6,513
Fair Value	761	889
Customer Interest Rate Swap [Member] | London Interbank Offered Rate (LIBOR) Swap Rate [Member] | Maturing December, 2030 [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, Notional Amount	4,231	4,297
Fair Value	491	575
Third Party Interest Rate Swap [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, Notional Amount	10,653	10,810
Fair Value	1,252	1,464
Third Party Interest Rate Swap [Member] | London Interbank Offered Rate (LIBOR) Swap Rate [Member] | Maturing November, 2030 [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, Notional Amount	6,422	6,513
Fair Value	761	889
Third Party Interest Rate Swap [Member] | London Interbank Offered Rate (LIBOR) Swap Rate [Member] | Maturing December, 2030 [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, Notional Amount	4,231	4,297
Fair Value	$ 491	$ 575

Interest Rate Swaps (Fair Value

Interest Rate Swaps (Fair Value of Derivative Instruments) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Prepaid Expense and Other Assets	Prepaid Expense and Other Assets
Derivative Liability, Statement of Financial Position [Extensible Enumeration]	Other liabilities	Other liabilities
Interest Rate Contract [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Assets	$ 1,252	$ 1,464
Liabilities	$ 1,252	$ 1,464