Bank of the James Financial (BOTJ) 10-Q 10 Nov 22 2022 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2022	Nov. 10, 2022
Document And Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2022
Document Transition Report	false
Amendment Flag	false
Document Fiscal Period Focus	Q3
Entity Registrant Name	BANK OF THE JAMES FINANCIAL GROUP, INC.
Entity Incorporation, State or Country Code	VA
Entity File Number	001-35402
Entity Tax Identification Number	20-0500300
Entity Address, Address Line One	828 Main Street,
Entity Address, City or Town	Lynchburg
Entity Address, State or Province	VA
Entity Address, Postal Zip Code	24504
City Area Code	434
Local Phone Number	846-2000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Document Fiscal Year Focus	2022
Entity Central Index Key	0001275101
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Title of 12(b) Security	Common Stock, 2.14 per share par value
Trading Symbol	BOTJ
Security Exchange Name	NASDAQ
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		4,628,657

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Assets
Cash and due from banks	$ 38,622	$ 29,337
Federal funds sold	42,398	153,816
Total cash and cash equivalents	81,020	183,153
Securities held-to-maturity, at amortized cost (fair value of $3,192 in 2022 and $4,006 in 2021)	3,643	3,655
Securities available-for-sale, at fair value	191,131	161,267
Restricted stock, at cost	1,387	1,324
Loans, net of allowance for loan losses of $6,394 in 2022 and $6,915 in 2021	614,117	576,469
Loans held for sale	3,239	1,628
Premises and equipment, net	18,250	18,351
Interest receivable	2,382	2,064
Cash value - bank owned life insurance	19,123	18,785
Other real estate owned	566	761
Customer relationship intangibles, net	7,986	8,406
Goodwill	3,819	3,001
Other assets	15,907	8,770
Total assets	962,570	987,634
Deposits
Noninterest bearing demand	155,984	162,286
NOW, money market and savings	598,964	582,000
Time deposits	128,121	142,770
Total deposits	883,069	887,056
Capital notes, net	10,037	10,031
Other borrowings	10,596	10,985
Interest payable	37	46
Other liabilities	10,492	10,087
Total liabilities	914,231	918,205
Commitments and Contingencies
Stockholders’ equity
Preferred stock; authorized 1,000,000 shares; none issued and outstanding
Common stock $2.14 par value; authorized 10,000,000 shares; issued and outstanding 4,628,657 and 4,740,657 as of September 30, 2022 and December 31, 2021	9,905	10,145
Additional paid-in-capital	36,068	37,230
Retained earnings	29,450	23,440
Accumulated other comprehensive (loss)	(27,084)	(1,386)
Total stockholders’ equity	48,339	69,429
Total liabilities and stockholders’ equity	$ 962,570	$ 987,634

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Consolidated Balance Sheets [Abstract]
Securities held-to-maturity, fair value	$ 3,192	$ 4,006
Loans, allowance for loan losses	$ 6,394	$ 6,915
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 2.14	$ 2.14
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	4,628,657	4,740,657
Common stock, shares outstanding	4,628,657	4,740,657

Consolidated Statements Of Inco

Consolidated Statements Of Income - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Interest Income
Loans	$ 6,830,000	$ 6,605,000	$ 18,909,000	$ 20,089,000
Securities
US Government and agency obligations	331,000	230,000	911,000	640,000
Mortgage backed securities	437,000	138,000	1,196,000	299,000
Municipals - taxable	257,000	234,000	812,000	572,000
Municipals - tax exempt	32,000	9,000	55,000	27,000
Dividends	5,000	4,000	36,000	39,000
Corporates	144,000	55,000	395,000	155,000
Interest bearing deposits	101,000	7,000	135,000	26,000
Federal Funds sold	262,000	33,000	463,000	67,000
Total interest income	8,399,000	7,315,000	22,912,000	21,914,000
Deposits
NOW, money market savings	133,000	146,000	374,000	419,000
Time deposits	143,000	239,000	467,000	890,000
Finance leases	24,000	26,000	73,000	80,000
Other borrowings	117,000		339,000
Capital notes	82,000	82,000	245,000	245,000
Total interest expense	499,000	493,000	1,498,000	1,634,000
Net interest income	7,900,000	6,822,000	21,414,000	20,280,000
Recovery of loan losses	(300,000)		(900,000)
Net interest income after recovery of loan losses	8,200,000	6,822,000	22,314,000	20,280,000
Noninterest income
Gain on sales of loans held for sale	1,472,000	2,091,000	4,675,000	6,175,000
Service charges, fees and commissions	1,313,000	612,000	2,563,000	1,803,000
Wealth management fees	959,000		2,935,000
Life insurance income	113,000	117,000	338,000	315,000
Other income (loss)	(3,000)	2,000	8,000	12,000
Total noninterest income	3,854,000	2,822,000	10,519,000	8,305,000
Noninterest expenses
Salaries and employee benefits	4,529,000	4,093,000	13,051,000	11,901,000
Occupancy	445,000	437,000	1,348,000	1,270,000
Equipment	647,000	626,000	1,870,000	1,883,000
Supplies	116,000	120,000	380,000	354,000
Professional, data processing, and other outside expense	1,619,000	1,029,000	3,544,000	2,978,000
Marketing	222,000	209,000	661,000	720,000
Credit expense	244,000	309,000	765,000	869,000
Other real estate expenses	195,000	1,000	207,000	74,000
FDIC insurance expense	121,000	137,000	382,000	425,000
Amortization of intangibles	140,000		420,000
Other	601,000	337,000	1,491,000	950,000
Total noninterest expenses	8,879,000	7,298,000	24,119,000	21,424,000
Income before income taxes	3,175,000	2,346,000	8,714,000	7,161,000
Income tax expense	601,000	465,000	1,709,000	1,431,000
Net Income	$ 2,574,000	$ 1,881,000	$ 7,005,000	$ 5,730,000
Weighted average number of shares	4,683,581	4,740,657	4,721,423	4,750,235
Weighted average diluted shares	4,683,581	4,740,657	4,721,423	4,750,235
Basic EPS (weighted avg shares)	$ 0.55	$ 0.40	$ 1.48	$ 1.21
Diluted EPS (Including incremental shares)	$ 0.55	$ 0.40	$ 1.48	$ 1.21

Consolidated Statements of Comp

Consolidated Statements of Comprehensive (Loss) Income - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Consolidated Statements of Comprehensive (Loss) Income
Net Income	$ 2,574,000	$ 1,881,000	$ 7,005,000	$ 5,730,000
Other comprehensive (loss):
Unrealized (loss) on securities available-for-sale	(7,368,000)	(914,000)	(32,530,000)	(2,757,000)
Tax effect	1,548,000	192,000	6,832,000	579,000
Other comprehensive (loss) income, net of tax	(5,820,000)	(722,000)	(25,698,000)	(2,178,000)
Comprehensive (loss) income	$ (3,246,000)	$ 1,159,000	$ (18,693,000)	$ 3,552,000

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($)	3 Months Ended				9 Months Ended		12 Months Ended
	Sep. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Cash flows from operating activities
Net Income	$ 2,574,000	$ 2,139,000	$ 1,881,000	$ 1,835,000	$ 7,005,000	$ 5,730,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization					1,022,000	1,423,000
Stock based compensation expense						80,000
Net amortization and accretion of premiums and discounts on securities					338,000	284,000
Amortization of debt issuance costs					10,000	4,000
(Gain) on sales of loans held for sale	(1,472,000)		(2,091,000)		(4,675,000)	(6,175,000)
Proceeds from sales of loans held for sale					176,736,000	254,369,000
Origination of loans held for sale					(173,732,000)	(247,554,000)
Recovery of loan losses	(300,000)				(900,000)		$ (500,000)
Loss on sale and valuation adjustments of other real estate owned					195,000	66,000	87,000
Amortization of intangibles	140,000				420,000
Bank owned life insurance income	(113,000)		(117,000)		(338,000)	(315,000)
(Increase) decrease in interest receivable					(318,000)	244,000
(Increase) decrease in other assets					(838,000)	388,000
(Decrease) in interest payable					(9,000)	(36,000)
Increase in other liabilities					447,000	424,000
Net cash provided by operating activities					5,363,000	8,932,000
Cash flows from investing activities
Purchases of securities available-for-sale					(71,581,000)	(71,319,000)
Proceeds from maturities, calls and paydowns of securities available-for-sale					8,861,000	6,177,000
Purchases of bank owned life insurance						(2,000,000)
(Purchase) redemption of Federal Home Loan Bank stock					(63,000)	227,000
Proceeds from sale of other real estate owned						344,000
Origination of loans, net of principal collected					(36,748,000)	18,251,000
Purchases of premises and equipment					(921,000)	(1,423,000)
Net cash (used in) investing activities					(100,452,000)	(49,743,000)
Cash flows from financing activities
Net (decrease) increase in deposits					(3,987,000)	88,862,000
Principal payments on finance lease obligations					(267,000)	(259,000)
Principal payments on other borrowings					(393,000)
Repurchase of common stock					(1,402,000)	(427,000)
Dividends paid to common stockholders					(995,000)	(939,000)
Cash in lieu of fractional shares						(16,000)
Net cash (used in) provided by financing activities					(7,044,000)	87,221,000
(Decrease) increase in cash and cash equivalents					(102,133,000)	46,410,000
Cash and cash equivalents at beginning of period		$ 183,153,000		$ 100,886,000	183,153,000	100,886,000	100,886,000
Cash and cash equivalents at end of period	$ 81,020,000		$ 147,296,000		81,020,000	147,296,000	183,153,000
Supplemental schedule of noncash investing and financing activities Non cash transactions
Transfer of loans to other real estate owned						111,000	$ 111,000
Fair value adjustment for securities available-for-sale					(32,530,000)	(2,757,000)
Cash transactions
Cash paid for interest					1,507,000	1,670,000
Cash paid for income taxes					$ 1,430,000	$ 2,050,000

Consolidated Statements Of Chan

Consolidated Statements Of Changes In Stockholders’ Equity - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
Balance at Dec. 31, 2020	$ 9,286,000	$ 30,989,000	$ 24,665,000	$ 1,792,000	$ 66,732,000
Balance, shares at Dec. 31, 2020	4,339,436
Net Income			1,835,000		1,835,000
Dividends paid on common stock ($0.07 per share)			(304,000)		(304,000)
Repurchase of common stock	$ (31,000)	(181,000)			(212,000)
Repurchase of common stock, shares	(14,600)
Other comprehensive income (loss)				(2,717,000)	(2,717,000)
Balance at Mar. 31, 2021	$ 9,255,000	30,808,000	26,196,000	(925,000)	65,334,000
Balance, shares at Mar. 31, 2021	4,324,836
Balance at Dec. 31, 2020	$ 9,286,000	30,989,000	24,665,000	1,792,000	66,732,000
Balance, shares at Dec. 31, 2020	4,339,436
Net Income					5,730,000
Other comprehensive income (loss)					(2,178,000)
Balance at Sep. 30, 2021	$ 10,147,000	37,244,000	21,897,000	(386,000)	68,902,000
Balance, shares at Sep. 30, 2021	4,740,657
Balance at Mar. 31, 2021	$ 9,255,000	30,808,000	26,196,000	(925,000)	65,334,000
Balance, shares at Mar. 31, 2021	4,324,836
Net Income			2,014,000		2,014,000
Dividends paid on common stock ($0.07 per share)			(303,000)		(303,000)
Repurchase of common stock	$ (31,000)	(184,000)			(215,000)
Repurchase of common stock, shares	(14,300)
10% Stock dividend	$ 923,000	6,620,000	(7,543,000)
10% Stock dividend, shares	430,121
Other comprehensive income (loss)				1,261,000	1,261,000
Balance at Jun. 30, 2021	$ 10,147,000	37,244,000	20,364,000	336,000	68,091,000
Balance, shares at Jun. 30, 2021	4,740,657
Net Income			1,881,000		1,881,000
Dividends paid on common stock ($0.07 per share)			(332,000)		(332,000)
Cash in lieu of fractional shares			(16,000)		(16,000)
Other comprehensive income (loss)				(722,000)	(722,000)
Balance at Sep. 30, 2021	$ 10,147,000	37,244,000	21,897,000	(386,000)	68,902,000
Balance, shares at Sep. 30, 2021	4,740,657
Balance at Dec. 31, 2021	$ 10,145,000	37,230,000	23,440,000	(1,386,000)	69,429,000
Balance, shares at Dec. 31, 2021	4,740,657
Net Income			2,139,000		2,139,000
Dividends paid on common stock ($0.07 per share)			(332,000)		(332,000)
Other comprehensive income (loss)				(10,657,000)	(10,657,000)
Balance at Mar. 31, 2022	$ 10,145,000	37,230,000	25,247,000	(12,043,000)	60,579,000
Balance, shares at Mar. 31, 2022	4,740,657
Balance at Dec. 31, 2021	$ 10,145,000	37,230,000	23,440,000	(1,386,000)	69,429,000
Balance, shares at Dec. 31, 2021	4,740,657
Net Income					7,005,000
Other comprehensive income (loss)					(25,698,000)
Balance at Sep. 30, 2022	$ 9,905,000	36,068,000	29,450,000	(27,084,000)	48,339,000
Balance, shares at Sep. 30, 2022	4,628,657
Balance at Mar. 31, 2022	$ 10,145,000	37,230,000	25,247,000	(12,043,000)	60,579,000
Balance, shares at Mar. 31, 2022	4,740,657
Net Income			2,292,000		2,292,000
Dividends paid on common stock ($0.07 per share)			(332,000)		(332,000)
Other comprehensive income (loss)				(9,221,000)	(9,221,000)
Balance at Jun. 30, 2022	$ 10,145,000	37,230,000	27,207,000	(21,264,000)	53,318,000
Balance, shares at Jun. 30, 2022	4,740,657
Net Income			2,574,000		2,574,000
Dividends paid on common stock ($0.07 per share)			(331,000)		(331,000)
Repurchase of common stock	$ (240,000)	(1,162,000)			(1,402,000)
Repurchase of common stock, shares	(112,000)
Other comprehensive income (loss)				(5,820,000)	(5,820,000)
Balance at Sep. 30, 2022	$ 9,905,000	$ 36,068,000	$ 29,450,000	$ (27,084,000)	$ 48,339,000
Balance, shares at Sep. 30, 2022	4,628,657

Consolidated Statements Of Ch_2

Consolidated Statements Of Changes In Stockholders’ Equity (Parenthetical) - $ / shares	3 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021
Consolidated Statements Of Changes In Stockholders’ Equity [Abstract]
Dividend on common stock, per share	$ 0.07	$ 0.07	$ 0.07	$ 0.07	$ 0.07	$ 0.07

Basis Of Presentation

Basis Of Presentation	9 Months Ended
	Sep. 30, 2022
Basis of Presentation [Abstract]
Basis Of Presentation	Note 1 – Basis of Presentation The unaudited consolidated financial statements have been prepared by Bank of the James Financial Group, Inc. (“Financial” or the “Company”) pursuant to the rules and regulations of the Securities and Exchange Commission. In management’s opinion the accompanying financial statements, which unless otherwise noted are unaudited, reflect all adjustments, consisting solely of normal recurring accruals, necessary for a fair presentation of the financial information as of September 30, 2022 and for the three and nine months ended September 30, 2022 and 2021 in conformity with accounting principles generally accepted in the United States of America. Additional information concerning the organization and business of Financial, accounting policies followed, and other related information is contained in Financial’s Annual Report on Form 10-K for the year ended December 31, 2021. These financial statements should be read in conjunction with the audited consolidated financial statements and footnotes for the year ended December 31, 2021 included in Financial’s Annual Report on Form 10-K. Results for the three and nine month periods ended September 30, 2022 are not necessarily indicative of the results that may be expected for the year ending December 31, 2022. Certain immaterial reclassifications have been made to prior period balances to conform to the current period presentation. The Company’s primary market area consists of the area commonly referred to as Region 2000 which encompasses the seven jurisdictions of the Town of Altavista, Amherst County, Appomattox County, the Town of Bedford, Bedford County, Campbell County, and the City of Lynchburg. Recently, the Company has expanded into Charlottesville, Roanoke, Blacksburg, Harrisonburg, Lexington, Rustburg, and Wytheville. Financial’s critical accounting policies include the evaluation of the allowance for loan losses which is based on management’s estimate of an amount that is adequate to absorb probable losses inherent in the loan portfolio of Bank of the James (the “Bank”), Financial’s wholly-owned subsidiary. The allowance for loan losses is established through a provision for loan losses based on available information including the composition of the loan portfolio, historical loan losses, specific impaired loans, availability and quality of collateral, age of the various portfolios, changes in local economic conditions, and loan performance and quality of the portfolio. Different assumptions used in evaluating the adequacy of the Bank’s allowance for loan losses could result in material changes in Financial’s financial condition and results of operations. The Bank’s policy with respect to the methodology for determining the allowance for loan losses involves a high degree of complexity and requires management to make subjective judgments that often require assumptions or estimates about uncertain matters. This critical policy and its assumptions are periodically reviewed with the Board of Directors. Goodwill is subject to at least an annual assessment for impairment. Additionally, acquired intangible assets (such as customer relationship intangibles) are separately recognized if the benefit of the assets can be sold, transferred, licensed, rented, or exchanged, and amortized over their useful lives. The cost of customer relationships, based on independent valuation, are being amortized over their estimated lives of fifteen years . The Company records as goodwill the fair value of the consideration transferred, plus the fair value of any noncontrolling interests in the acquiree, over the fair value of the net assets acquired and liabilities assumed as of the acquisition date. The Company will review the carrying value of the goodwill at least annually or more frequently if certain impairment indicators exist. In testing goodwill for impairment, the Company may first consider qualitative factors to determine whether the existence of events or circumstances lead to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If, after assessing the totality of events and circumstances, we conclude that it is more likely than not that the fair value of a reporting unit is not less than its carrying amount, then no further testing is required and the goodwill of the reporting unit is not impaired. If the Company elects to bypass the qualitative assessment or if we conclude that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, then the fair value of the reporting unit is compared with its carrying value to determine whether an impairment exists. Financial also considers valuation of other real estate owned (OREO) a critical accounting policy. OREO consists of properties acquired through foreclosure or deed in lieu of foreclosure. These properties are carried at fair value less estimated costs to sell at the date of acquisition. Losses from the acquisition of property in full or partial satisfaction of loans are charged against the allowance for loan losses. Subsequent write-downs, if any, are charged against expense. Gains and losses on the sales of foreclosed properties are included in determining net income in the year of the sale. Operating costs after acquisition are expensed.

Use Of Estimates

Use Of Estimates	9 Months Ended
	Sep. 30, 2022
Use Of Estimates [Abstract]
Use Of Estimates	Note 2 – Use of Estimates The consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America which require management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.

Earnings Per Common Share (EPS)

Earnings Per Common Share (EPS)	9 Months Ended
	Sep. 30, 2022
Earnings Per Common Share (EPS) [Abstract]
Earnings Per Common Share (EPS)	Note 3 – Earnings Per Common Share (EPS) The following is a summary of the earnings per share calculation for the three and nine months ended September 30, 2022 and 2021. Three Months Ended Nine Months Ended September 30, September 30, 2022 2021 2022 2021 Net income $ 2,574,000 $ 1,881,000 $ 7,005,000 $ 5,730,000 Weighted average number of shares outstanding - basic and diluted 4,683,581 4,740,657 4,721,423 4,750,235 Earnings per common share - basic and diluted $ 0.55 $ 0.40 $ 1.48 $ 1.21 In 2022 and 2021, all restricted stock units (RSUs) were excluded from calculating diluted earnings per share as the Company elected to settle units vesting in 2022 and 2021 wholly in cash. There are currently no outstanding RSUs as of September 30, 2022. There were no potentially dilutive shares outstanding in 2022 and 2021. Consequently, the weighted average shares and weighted average diluted shares were identical. Weighted average and per share amounts for all periods have been adjusted to reflect a 10 % stock dividend declared on May 18, 2021.

Stock Based Compensation

Stock Based Compensation	9 Months Ended
	Sep. 30, 2022
Stock Based Compensation [Abstract]
Stock Based Compensation	Note 4 – Stock Based Compensation Accounting standards require companies to recognize the cost of employee services received in exchange for awards of equity instruments, such as stock options and restricted stock, based on the fair value of those awards. At the annual meeting of shareholders held on May 15, 2018, the shareholders approved the Bank of the James Financial Group, Inc. 2018 Equity Incentive Plan (the “2018 Incentive Plan”). The 2018 Incentive Plan permits the issuance of up to 250,000 shares of common stock for awards to key employees of the Company and its subsidiaries in the form of stock options, restricted stock, restricted stock units, stock awards and performance units. On January 2, 2019, the Company granted its first block of equity compensation under the 2018 Incentive Plan consisting of 24,500 restricted stock units. The recipients of restricted stock units do not receive shares of the Company’s stock immediately, but instead may receive shares, cash in lieu of shares, or a combination thereof upon satisfying the requisite service period specified by the terms and conditions of the grant. Additionally, the recipients of restricted stock units do not enjoy the rights of holder of the Company’s common stock until the units have vested and as such, they do not have voting rights or rights to nonforfeitable dividends. The related compensation expense is based on the fair value of the Company’s stock. The RSUs granted in 2019 vested over 3 years in thirds. The first one -third vested on January 2, 2020, the second one -third vested on January 2, 2021 and the final one -third vested January 2, 2022. The value of all of the vested portions of the grant were settled with cash payments and no shares were issued. Note 4 – Stock Based Compensation (continued) The total expense recognized for the three and nine months ended September 30, 2021 in connection with the restricted stock unit awards was approximately $ 27,000 and $ 88,000 , respectively. As of January 2, 2022 there was no additional unrecognized expense related to the 24,500 restricted stock units granted on January 2, 2019. There were no forfeitures during the nine-month periods ending September 30, 2021 or September 30, 2022. At September 30, 2022, there is no further unrecognized stock-based compensation expense related to the restricted stock units granted on January 2, 2019 as all units have vested and have been settled.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2022
Fair Value Measurements [Abstract]
Fair Value Measurements	Note 5 – Fair Value Measurements Determination of Fair Value The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. In accordance with the Fair Value Measurements and Disclosures topic of FASB ASC, the fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market and in an orderly transaction between market participants at the measurement date. Fair value is best determined based upon quoted market prices. However, in many instances, there are no quoted market prices for the Company’s various financial instruments. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. Accordingly, the fair value estimates may not be realized in an immediate settlement of the instrument. The fair value guidance provides a consistent definition of fair value, which focuses on exit price in the principal or most advantageous market and in an orderly transaction (that is, not a forced liquidation or distressed sale) between market participants at the measurement date under current market conditions. If there has been a significant decrease in the volume and level of activity for the asset or liability, a change in valuation technique or the use of multiple valuation techniques may be appropriate. In such instances, determining the price at which willing market participants would transact at the measurement date under current market conditions depends on the facts and circumstances and requires the use of significant judgment. The fair value is a reasonable point within the range that is most representative of fair value under current market conditions. Fair Value Hierarchy In accordance with this guidance, the Company groups its financial assets and financial liabilities generally measured at fair value in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value.  Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets.  Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.  Level 3 inputs to the valuation methodology are unobservable and significant to the fair value measurement. Fair Value on a Recurring Basis Securities Available-for-Sale Fair values of securities available-for sale are based on quoted prices available in an active market. If quoted prices are available, these securities are classified within Level 1 of the valuation hierarchy. Level 1 securities would include highly liquid government bonds, mortgage products and exchange traded equities. If quoted market prices are not available, then fair values are estimated by using pricing models, quoted prices of securities with similar characteristics, or discounted cash flow. Level 2 securities would include U.S. agency securities, mortgage-backed agency securities, obligations of states and political subdivisions and certain corporate, asset backed and other securities. In certain cases where there is limited activity or less transparency around inputs to the valuation, securities are classified within Level 3 of the valuation hierarchy. Currently, all of the Company’s securities are considered to be Level 2 securities. Note 5 – Fair Value Measurements (continued) Derivatives Assets/Liabilities – Interest Rate Lock Commitments (IRLCs) and Forward Sales Commitments The Company recognizes IRLCs at fair value based on the price of the underlying loans obtained from an investor for loans that will be delivered on a best efforts basis while taking into consideration the probability that the rate lock commitments will close. All of the Company’s IRLCs are classified as Level 3. Beginning with the first quarter of 2022, the Company elected to begin using fair value accounting for its forward sales commitments related to IRLCs. Best efforts sales commitments are entered into for loans intended for sale in the secondary market at the time the borrower commitment is made. The best efforts commitments are valued using the committed price to the counter-party against the current market price of the interest rate lock commitment. All the Company’s forward sale commitments are classified Level 3. The below tables summarize the Company’s financial assets that were measured at fair value on a recurring basis during the period. Carrying Value at September 30, 2022 (in thousands) Quoted Prices Significant Significant in Active Other Unobservable Balance as of Markets for Observable Inputs September 30, Identical Assets Inputs (Level 3) Description 2022 (Level 1) (Level 2) US Treasuries $ 4,721 $ — $ 4,721 $ — US agency obligations 62,139 — 62,139 — Mortgage-backed securities 70,394 — 70,394 — Municipals 37,799 — 37,799 — Corporates 16,078 — 16,078 — Total available-for-sale securities $ 191,131 $ — $ 191,131 $ — Forward sales commitments - asset 429 — — 429 Total assets at fair value $ 191,560 $ — $ 191,131 $ 429 IRLCs - liability ( 225 ) — — ( 225 ) Carrying Value at December 31, 2021 (in thousands) Quoted Prices Significant Significant in Active Other Unobservable Balance as of Markets for Observable Inputs December 31, Identical Assets Inputs (Level 3) Description 2021 (Level 1) (Level 2) US Treasuries $ 2,002 $ — $ 2,002 $ — US agency obligations 58,470 — 58,470 — Mortgage-backed securities 37,438 — 37,438 — Municipals 50,204 — 50,204 — Corporates 13,153 — 13,153 — Total available-for-sale securities $ 161,267 $ — $ 161,267 $ — IRLCs – asset 144 — — 144 Total assets at fair value $ 161,411 $ — $ 161,267 $ 144 Note 5 – Fair Value Measurements (continued) The following table provides additional quantitative information about assets measured at fair value on a recurring basis and for which we have utilized Level 3 inputs to determine fair value: Quantitative information about Level 3 Fair Value Measurements for September 30, 2022 (dollars in thousands) Fair Value Valuation Technique(s) Unobservable Input Range (Weighted Average) (1) Assets IRLCs – liability $ ( 225 ) Market approach Range of pull through rate 70 % - 100 % ( 85 %) Forward Sales Commitments – asset 429 Market approach Range of pull through rate 70 % - 100 % ( 85 %) (1) Weighted based on the relative value of the instruments Quantitative information about Level 3 Fair Value Measurements for December 31, 2021 (dollars in thousands) Fair Value Valuation Technique(s) Unobservable Input Range (Weighted Average) (1) Assets IRLCs - asset $ 144 Market approach Range of pull through rate 70 % - 100 % ( 85 %) (1) Weighted based on the relative value of the instruments Fair Value on a Non-recurring Basis Impaired loans Loans are designated as impaired when, in the judgment of management based on current information and events, it is probable that all amounts due according to the contractual terms of the loan agreement will not be collected when due. The measurement of loss associated with impaired loans can be based on either the observable market price of the loan or the fair value of the collateral. Fair value is measured based on the value of the collateral securing the loans. Collateral may be in the form of real estate or business assets including equipment, inventory, and accounts receivable. The vast majority of the collateral is real estate. The value of real estate collateral is determined utilizing an income or market valuation approach based on an appraisal conducted by an independent, licensed appraiser outside of the Bank using observable market data (Level 2). However, in situations where the collateral is a house or building in the process of construction, the appraisal is more than 12 months old, management has determined the fair value of the collateral is further impaired below the appraised value, or the appraisal is not based solely on market comparables adjusted for observable inputs, the value is considered Level 3. The value of business equipment is based upon an outside appraisal if deemed significant, or the net book value on the applicable business’ financial statements if not considered significant using observable market data. Likewise, values for inventory and accounts receivables collateral are based on financial statement balances or aging reports (Level 3). Any fair value adjustments are recorded in the period incurred as provision for loan losses on the Consolidated Statements of Income. Loans held for sale Loans held for sale are carried at cost which approximates estimated fair value. These loans currently consist of one-to-four family residential loans originated for sale in the secondary market. Fair value is based on the price secondary markets are currently offering for similar loans using observable market data which is not materially different than cost due to the short duration between origination and sale (Level 2). As such, the Company records fair value adjustments on a nonrecurring basis. No nonrecurring fair value adjustments were recorded on loans held for sale during the period ended September 30, 2022. Gains and losses on the sale of loans are recorded within gains on sales of loans held for sale on the Consolidated Statements of Income. Other real estate owned Certain assets such as other real estate owned (OREO) are measured at fair value less cost to sell. We believe that the fair value component in its valuation follows the provisions of ASC 820. Note 5 – Fair Value Measurements (continued) Real estate acquired through foreclosure is transferred to OREO. The measurement of loss associated with OREO is based on the fair value of the collateral compared to the unpaid loan balance and anticipated costs to sell the property. The value of OREO property is determined utilizing an income or market valuation approach based on an appraisal conducted by an independent, licensed appraiser outside of the Bank using observable market data (Level 2). Any fair value adjustments are recorded in the period incurred and expensed against current earnings. However, in situations where the collateral is a house or building in the process of construction, the appraisal is more than 12 months old, management has determined the fair value of the collateral is further impaired below the appraised value, or the appraisal is not based solely on market comparables adjusted for observable inputs, the value is considered Level 3. The following table summarizes the Company’s impaired loans and OREO measured at fair value on a nonrecurring basis during the period (in thousands): Carrying Value at September 30, 2022 Description Balance as of September 30, 2022 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Impaired loans* $ 1,364 $ — $ — $ 1,364 Other real estate owned 566 — — 566 * Includes loans charged down to the net realizable value of the collateral. Carrying Value at December 31, 2021 Description Balance as of December 31, 2021 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Impaired loans* $ 1,802 $ — $ — $ 1,802 Other real estate owned 761 — — 761 * Includes loans charged down to the net realizable value of the collateral. The following table sets forth information regarding the quantitative inputs used to value assets classified as Level 3: Quantitative information about Level 3 Fair Value Measurements for September 30, 2022 (dollars in thousands) Fair Value Valuation Technique(s) Unobservable Input Range (Weighted Average) (1) Assets Impaired loans $ 1,364 Discounted appraised value Selling cost 0 % - 10 % ( 8 %) Discount for lack of marketability and age of appraisal 0 % - 20 % ( 6 %) OREO 566 Discounted appraised value Selling cost 10 % Discount for lack of marketability and age of appraisal 0 % - 25 % ( 15 %) (1)Weighted based on the relative value of the instruments. Note 5 – Fair Value Measurements (continued) Quantitative information about Level 3 Fair Value Measurements for December 31, 2021 (dollars in thousands) Fair Value Valuation Technique(s) Unobservable Input Range (Weighted Average) (1) Assets Impaired loans $ 1,802 Discounted appraised value Selling cost 0 % - 10 % ( 8 %) Discount for lack of marketability and age of appraisal 0 % - 20 % ( 6 %) OREO 761 Discounted appraised value Selling cost 10 % Discount for lack of marketability and age of appraisal 0 % - 27 % ( 26 %) (1)Weighted based on the relative value of the instruments. Financial Instruments FASB ASC 825, Financial Instruments, requires disclosure about fair value of financial instruments, including those financial assets and financial liabilities that are not required to be measured and reported at fair value on a recurring or nonrecurring basis. ASC 825 excludes certain financial instruments and all nonfinancial instruments from its disclosure requirements. Accordingly, the aggregate fair value amounts presented may not necessarily represent the underlying fair value of the Company. The carrying amounts and estimated fair values of the Company’s financial instruments are presented in the following tables whether or not recognized on the Consolidated Balance Sheets at fair value. Note 5 – Fair Value Measurements (continued) The estimated fair values, and related carrying or notional amounts, of Financial’s financial instruments and their placement in the fair value hierarchy at September 30, 2022 and December 31, 2021 was as follows (in thousands): Fair Value Measurements at September 30, 2022 using Quoted Prices Significant in Active Other Significant Markets for Observable Unobservable Carrying Identical Assets Inputs Inputs Assets Amounts (Level 1) (Level 2) (Level 3) Balance Cash and due from banks $ 38,622 $ 38,622 $ - $ - $ 38,622 Federal funds sold 42,398 42,398 - - 42,398 Securities Available-for-sale 191,131 - 191,131 - 191,131 Held-to-maturity 3,643 - 3,192 - 3,192 Restricted stock 1,387 - 1,387 - 1,387 Loans, net (1) 614,117 - - 576,085 576,085 Loans held for sale 3,239 - 3,239 - 3,239 Interest receivable 2,382 - 2,382 - 2,382 BOLI 19,123 - 19,123 - 19,123 Derivatives – Forward Sales Commitments 429 - - 429 429 Liabilities Deposits $ 883,069 $ - $ 883,188 $ - $ 883,188 Capital notes 10,037 - - 9,228 9,228 Other borrowings 10,596 - - 10,077 10,077 Interest payable 37 - 37 - 37 Derivatives - IRLCs 225 - - 225 225 Fair Value Measurements at December 31, 2021 using Quoted Prices Significant in Active Other Significant Markets for Observable Unobservable Carrying Identical Assets Inputs Inputs Assets Amounts (Level 1) (Level 2) (Level 3) Balance Cash and due from banks $ 29,337 $ 29,337 $ - $ - $ 29,337 Federal funds sold 153,816 153,816 - - 153,816 Securities Available-for-sale 161,267 - 161,267 - 161,267 Held-to-maturity 3,655 - 4,006 - 4,006 Restricted stock 1,324 - 1,324 - 1,324 Loans, net (1) 576,469 - - 565,543 565,543 Loans held for sale 1,628 - 1,628 - 1,628 Interest receivable 2,064 - 2,064 - 2,064 BOLI 18,785 - 18,785 - 18,785 Derivatives - IRLCs 144 - - 144 144 Liabilities Deposits $ 887,056 $ - $ 887,955 $ - $ 887,955 Capital notes 10,031 - - 10,712 10,712 Other borrowings 10,985 - - 11,467 11,467 Interest payable 46 - 46 - 46 (1) Carrying amount is net of unearned income and the Allowance.

Securities

Securities	9 Months Ended
	Sep. 30, 2022
Securities [Abstract]
Securities	Note 6 – Securities The following tables summarize the Bank’s holdings for both securities held-to-maturity and securities available-for-sale as of September 30, 2022 and December 31, 2021 (amounts in thousands): September 30, 2022 Amortized Gross Unrealized Costs Gains (Losses) Fair Value Held-to-Maturity US agency obligations $ 3,643 $ - $ ( 451 ) $ 3,192 Available-for-Sale US Treasuries 4,894 - ( 173 ) 4,721 US agency obligations 71,713 - ( 9,574 ) 62,139 Mortgage-backed securities 81,782 - ( 11,388 ) 70,394 Municipals 49,984 - ( 12,185 ) 37,799 Corporates 17,041 - ( 963 ) 16,078 $ 225,414 $ - $ ( 34,283 ) $ 191,131 December 31, 2021 Amortized Gross Unrealized Costs Gains (Losses) Fair Value Held-to-Maturity US agency obligations $ 3,655 $ 351 $ — $ 4,006 Available-for-Sale US Treasuries 2,000 2 — 2,002 US agency obligations 59,144 575 ( 1,249 ) 58,470 Mortgage-backed securities 38,017 75 ( 654 ) 37,438 Municipals 50,806 368 ( 970 ) 50,204 Corporates 13,053 169 ( 69 ) 13,153 $ 163,020 $ 1,189 $ ( 2,942 ) $ 161,267 Note 6 – Securities (continued) The following tables show the gross unrealized losses and fair value of the Bank’s investments with unrealized losses that are not deemed to be other-than-temporarily impaired, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at September 30, 2022 and December 31, 2021 (amounts in thousands): September 30, 2022 Less than 12 months More than 12 months Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Held-to-maturity U.S. agency obligations $ 3,192 $ 451 $ — $ — $ 3,192 $ 451 Available-for-sale U.S. Treasuries 4,721 173 — — 4,721 173 U.S. agency obligations 31,238 3,149 30,901 6,425 62,139 9,574 Mortgage-backed securities 48,384 6,405 22,010 4,983 70,394 11,388 Municipals 13,642 3,226 24,157 8,959 37,799 12,185 Corporates 6,600 441 1,478 522 8,078 963 Total temporarily impaired securities $ 107,777 $ 13,845 $ 78,546 $ 20,889 $ 186,323 $ 34,734 December 31, 2021 Less than 12 months More than 12 months Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Held-to-maturity U.S. agency obligations $ — $ — $ — $ — $ — $ — Available-for-sale U.S. Treasuries — — — — — — U.S. agency obligations 21,893 379 15,233 870 37,126 1,249 Mortgage-backed securities 28,019 402 6,382 252 34,401 654 Municipals 28,028 635 7,952 335 35,980 970 Corporates 1,931 69 — — 1,931 69 Total temporarily impaired securities $ 79,871 $ 1,485 $ 29,567 $ 1,457 $ 109,438 $ 2,942 Management evaluates securities for other-than-temporary impairment at least on a quarterly basis, and may do so more frequently when economic or market concerns warrant such evaluation. Consideration is given to (1) the length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near-term prospects of the issuer, (3) the intent of Financial, if any, to sell the security; (4) whether Financial more likely than not will be required to sell the security before recovering its cost; and (5) whether Financial does not expect to recover the security’s entire amortized cost basis (even if Financial does not intend to sell the security). At September 30, 2022 the Company did not consider the unrealized losses as other-than-temporary losses due to the nature of the securities involved. As of September 30, 2022, the Bank owned 120 securities in an unrealized loss position that were being evaluated for other than temporary impairment. Of the securities, 48 were S&P rated AAA, 64 were rated AA, six were rated A, one was rated BBB, and one was non-rated. As of September 30, 2022, 52 of these securities were municipal issues, 58 were backed by the US government, and 10 were issues of publicly traded domestic corporations. Based on the analysis performed by management as mandated by the Bank’s investment policy, management believes the default risk to be minimal. Because management does not intend to sell and it is likely that management will not be required to sell the securities prior to their anticipated recovery, and the decline in fair value is largely due to change in interest rates and other market conditions, no declines currently are deemed to be other-than-temporary. There were no sales of available-for-sale securities during the three and nine months ended September 30, 2022 and 2021. Note 6 – Securities (continued) The amortized costs and fair values of securities at September 30, 2022, by contractual maturity, are shown below. Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. September 30, 2022 Amortized Costs Fair Value Available-for-sale: Due in one year or less $ 2,372 $ 2,335 Due after one year through five years 42,150 38,817 Due after five years through ten years 76,278 65,888 Due after ten years 104,614 84,091 Total securities Available-for-sale $ 225,414 $ 191,131 Amortized Costs Fair Value Held-to-maturity: Due in one year or less $ - $ - Due after one year through five years - - Due after five years through ten years 2,425 2,166 Due after ten years 1,218 1,026 Total securities Held-to-maturity $ 3,643 $ 3,192

Business Segments

Business Segments	9 Months Ended
	Sep. 30, 2022
Business Segments [Abstract]
Business Segments	Note 7 – Business Segments The Company has three reportable business segments: (i) a traditional full-service community banking segment, (ii) a mortgage loan origination business, and (iii) a registered investment advisory business (sometimes referred to as the wealth management business). The community banking business segment includes Bank of the James which provides loans, deposits, investments and insurance to retail and commercial customers throughout Region 2000 and other areas within Central Virginia. The mortgage segment provides a variety of mortgage loan products principally within Region 2000. Mortgage loans are originated and sold in the secondary market through purchase commitments from investors with servicing released. Because of the pre-arranged purchase commitments, there is minimal risk to the Company. The investment advisory business offers investment advisory services through Financial’s wholly-owned subsidiary, Pettyjohn, Wood & White, Inc. All of the Company’s reportable segments are service based. The mortgage business is a gain on sale business and the investment advisory business is fee for service based, while the Bank’s primary source of revenue is net interest income. The Bank also provides a referral network for the mortgage origination business and the investment advisory business. The mortgage business may also be in a position to refer its customers to the Bank for banking services when appropriate. Information about reportable business segments and reconciliation of such information to the consolidated financial statements for the three and nine months ended September 30, 2022 and 2021 was as follows (dollars in thousands): Note 7 – Business Segments (continued) Business Segments Investment Community Advisory Banking Mortgage Services Total For the three months ended September 30, 2022 Net interest income $ 7,900 $ - $ - $ 7,900 Recovery of loan losses ( 300 ) - - ( 300 ) Net interest income after recovery of loan losses 8,200 - - 8,200 Noninterest income 1,423 1,472 959 3,854 Noninterest expenses 7,095 1,280 504 8,879 Income before income taxes 2,528 192 455 3,175 Income tax expense 505 40 56 601 Net income $ 2,023 $ 152 $ 399 $ 2,574 Total assets $ 944,890 $ 4,081 $ 13,599 $ 962,570 For the three months ended September 30, 2021 Net interest income $ 6,822 $ - $ - $ 6,822 Provision for loan losses - - - - Net interest income after provision for loan losses 6,822 - - 6,822 Noninterest income 731 2,091 - 2,822 Noninterest expenses 5,776 1,522 - 7,298 Income before income taxes 1,777 569 - 2,346 Income tax expense 345 120 - 465 Net income $ 1,432 $ 449 $ - $ 1,881 Total assets $ 935,482 $ 7,149 $ - $ 942,631 Investment Community Advisory Banking Mortgage Services Total For the nine months ended September 30, 2022 Net interest income $ 21,414 $ - $ - $ 21,414 Recovery of loan losses ( 900 ) - - ( 900 ) Net interest income after recovery of loan losses 22,314 - - 22,314 Noninterest income 2,909 4,675 2,935 10,519 Noninterest expenses 18,596 3,889 1,634 24,119 Income before income taxes 6,627 786 1,301 8,714 Income tax expense 1,310 165 234 1,709 Net income $ 5,317 $ 621 $ 1,067 $ 7,005 Total assets $ 944,890 $ 4,081 $ 13,599 $ 962,570 For the nine months ended September 30, 2021 Net interest income $ 20,280 $ - $ - $ 20,280 Provision for loan losses - - - - Net interest income after provision for loan losses 20,280 - - 20,280 Noninterest income 2,130 6,175 - 8,305 Noninterest expenses 16,985 4,439 - 21,424 Income before income taxes 5,425 1,736 - 7,161 Income tax expense 1,066 365 - 1,431 Net income $ 4,359 $ 1,371 $ - $ 5,730 Total assets $ 935,482 $ 7,149 $ - $ 942,631

Loans, allowance for loan losse

Loans, allowance for loan losses and OREO	9 Months Ended
	Sep. 30, 2022
Loans, allowance for loan losses and OREO [Abstract]
Loans, allowance for loan losses and OREO	Note 8 – Loans, allowance for loan losses and OREO Management has an established methodology used to determine the adequacy of the allowance for loan losses that assesses the risks and losses inherent in the loan portfolio. For purposes of determining the allowance for loan losses, the Bank has segmented certain loans in the portfolio by product type. Within these segments, the Bank has sub-segmented its portfolio into classes, based on the associated risks. The classifications set forth below do not correspond directly to the classifications set forth in the call report (Form FFIEC 041). Management has determined that the classifications set forth below are more appropriate for use in identifying and managing risk in the loan portfolio. Loan Segments: Loan Classes: Commercial Commercial and industrial loans Commercial real estate Commercial mortgages – owner occupied Commercial mortgages – non-owner occupied Commercial construction Consumer Consumer unsecured Consumer secured Residential Residential mortgages Residential consumer construction A summary of loans, net is as follows (dollars in thousands): As of: September 30, December 31, 2022 2021 Commercial $ 101,225 $ 105,067 Commercial real estate 357,304 338,149 Consumer 98,507 89,102 Residential 63,475 51,066 Total loans (1) 620,511 583,384 Less allowance for loan losses 6,394 6,915 Net loans $ 614,117 $ 576,469 (1) Includes net deferred costs of $ 1,156 and $ 372 as of September 30, 2022 and December 31, 2021, respectively. The Bank’s internal risk rating system is in place to grade commercial and commercial real estate loans. Category ratings are reviewed periodically by lenders and the credit review area of the Bank based on the borrower’s individual situation. Additionally, internal and external monitoring and review of credits are conducted on an annual basis. Note 8 – Loans, allowance for loan losses and OREO (continued) Below is a summary and definition of the Bank’s risk rating categories: RATING 1 Excellent RATING 2 Above Average RATING 3 Satisfactory RATING 4 Acceptable / Low Satisfactory RATING 5 Monitor RATING 6 Special Mention RATING 7 Substandard RATING 8 Doubtful RATING 9 Loss We segregate loans into the above categories based on the following criteria and we review the characteristics of each rating at least annually, generally during the first quarter. The characteristics of these ratings are as follows:  “Pass.” These are loans having risk ratings of 1 through 4. Pass loans are to persons or business entities with an acceptable financial condition, appropriate collateral margins, appropriate cash flow to service the existing loan, and an appropriate leverage ratio. The borrower has paid all obligations as agreed and it is expected that this type of payment history will continue. When necessary, acceptable personal guarantors support the loan.  “Monitor.” These are loans having a risk rating of 5. Monitor loans have currently acceptable risk but may have the potential for a specific defined weakness in the borrower’s operations and the borrower’s ability to generate positive cash flow on a sustained basis. The borrower’s recent payment history may currently or in the future be characterized by late payments. The Bank’s risk exposure is mitigated by collateral supporting the loan. The collateral is considered to be well-margined, well maintained, accessible and readily marketable.  “Special Mention.” These are loans having a risk rating of 6. Special Mention loans have weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the asset or in the bank’s credit position at some future date. Special Mention loans are not adversely classified and do not expose an institution to sufficient risk to warrant adverse classification. These loans do warrant more than routine monitoring due to a weakness caused by adverse events.  “Substandard.” These are loans having a risk rating of 7. Substandard loans are considered to have specific and well-defined weaknesses that jeopardize the viability of the Bank’s credit extension. The payment history for the loan has been inconsistent and the expected or projected primary repayment source may be inadequate to service the loan. The estimated net liquidation value of the collateral pledged and/or ability of the personal guarantor(s) to pay the loan may not adequately protect the Bank. There is a distinct possibility that the Bank will sustain some loss if the deficiencies associated with the loan are not corrected in the near term. A substandard loan would not automatically meet our definition of impaired unless the loan is significantly past due and the borrower’s performance and financial condition provides evidence that it is probable that the Bank will be unable to collect all amounts due.  “Doubtful.” These are loans having a risk rating of 8. Doubtful rated loans have all the weaknesses inherent in a loan that is classified substandard but with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. The possibility of loss is extremely high.  “Loss.” These are loans having a risk rating of 9. Loss rated loans are not considered collectible under normal circumstances and there is no realistic expectation for any future payment on the loan. Loss rated loans are fully charged off. Note 8 – Loans, allowance for loan losses and OREO (continued) Loans on Non-Accrual Status (dollars in thousands) As of September 30, 2022 December 31, 2021 Commercial $ — $ 25 Commercial Real Estate: Commercial Mortgages-Owner Occupied 502 501 Commercial Mortgages-Non-Owner Occupied 125 138 Commercial Construction — — Consumer Consumer Unsecured — — Consumer Secured 8 127 Residential: Residential Mortgages 153 163 Residential Consumer Construction — — Totals $ 788 $ 954 We also classify other real estate owned (OREO) as a nonperforming asset. OREO represents real property owned by the Bank which was acquired through purchase at foreclosure or from the borrower through a deed in lieu of foreclosure. OREO decreased to $ 566 on September 30, 2022 from $ 761 on December 31, 2021 . The decrease was a result of the write-down of a property by $ 195 that subsequently went under contract to be sold. The sale is expected to close by April 30, 2023. The following table represents the changes in OREO balance during the nine months ended September 30, 2022 and year ended December 31, 2021. OREO Changes (dollars in thousands) Nine Months Ended Year Ended September 30, 2022 December 31, 2021 Balance at the beginning of the year (net) $ 761 $ 1,105 Transfers from loans — 111 Capitalized costs — — Valuation adjustments ( 195 ) — Sales proceeds — ( 368 ) Loss on disposition — ( 87 ) Balance at the end of the period (net) $ 566 $ 761 At September 30, 2022 and December 31, 2021, the Company had no consumer mortgage loans secured by residential real estate for which foreclosure was in process. The Company held no residential real estate properties in other real estate owned as of September 30, 2022 and December 31, 2021. Note 8 – Loans, allowance for loan losses and OREO (continued) Impaired loans by class as of and for the periods ended September 30, 2022 and December 31, 2021 were as follows: Impaired Loans (dollars in thousands) As of and For the Nine Months Ended September 30, 2022 Unpaid Average Interest Recorded Principal Related Recorded Income Investment (1) Balance Allowance Investment Recognized With No Related Allowance Recorded: Commercial $ - $ - $ - $ 9 $ - Commercial Real Estate Commercial Mortgages-Owner Occupied 1,191 1,413 - 1,892 43 Commercial Mortgage Non-Owner Occupied 521 522 - 312 22 Commercial Construction - - - - - Consumer Consumer Unsecured - - - - - Consumer Secured 253 253 - 156 8 Residential Residential Mortgages 1,354 1,434 - 1,335 40 Residential Consumer Construction - - - - - With an Allowance Recorded: Commercial $ - $ - $ - $ - $ - Commercial Real Estate Commercial Mortgages-Owner Occupied - - - - - Commercial Mortgage Non-Owner Occupied - - - - - Commercial Construction - - - - - Consumer Consumer Unsecured - - - - - Consumer Secured - - - - - Residential Residential Mortgages - - - - - Residential Consumer Construction - - - - - Totals: Commercial $ - $ - $ - $ 9 $ - Commercial Real Estate Commercial Mortgages-Owner Occupied 1,191 1,413 - 1,892 43 Commercial Mortgage Non-Owner Occupied 521 522 - 312 22 Commercial Construction - - - - - Consumer Consumer Unsecured - - - - - Consumer Secured 253 253 - 156 8 Residential Residential Mortgages 1,354 1,434 - 1,335 40 Residential Consumer Construction - - - - - $ 3,319 $ 3,622 $ - $ 3,704 $ 113 (1) Recorded Investment is net of charge-offs and interest paid while a loan is in nonaccrual status. Note 8 – Loans, allowance for loan losses and OREO (continued) Impaired Loans (dollars in thousands) As of and For the Year Ended December 31, 2021 Unpaid Average Interest Recorded Principal Related Recorded Income Investment (1) Balance Allowance Investment Recognized With No Related Allowance Recorded: Commercial $ 17 $ 67 $ - $ 179 $ 5 Commercial Real Estate Commercial Mortgages-Owner Occupied 2,592 2,971 - 2,368 154 Commercial Mortgage Non-Owner Occupied 102 102 - 371 13 Commercial Construction - - - - - Consumer Consumer Unsecured - - - - - Consumer Secured 59 60 - 201 2 Residential Residential Mortgages 1,316 1,390 - 1,332 47 Residential Consumer Construction - - - - - With an Allowance Recorded: Commercial $ - $ - $ - $ 2 $ - Commercial Real Estate Commercial Mortgages-Owner Occupied - - - - - Commercial Mortgage Non-Owner Occupied - - - - - Commercial Construction - - - - - Consumer Consumer Unsecured - - - - - Consumer Secured - - - - - Residential Residential Mortgages - - - - - Residential Consumer Construction - - - - - Totals: Commercial $ 17 $ 67 $ - $ 181 $ 5 Commercial Real Estate Commercial Mortgages-Owner Occupied 2,592 2,971 - 2,368 154 Commercial Mortgage Non-Owner Occupied 102 102 - 371 13 Commercial Construction - - - - - Consumer Consumer Unsecured - - - - - Consumer Secured 59 60 - 201 2 Residential Residential Mortgages 1,316 1,390 - 1,332 47 Residential Consumer Construction - - - - - $ 4,086 $ 4,590 $ - $ 4,453 $ 221 (1) Recorded Investment is net of charge-offs and interest paid while a loan is in nonaccrual status. Note 8 – Loans, allowance for loan losses and OREO (continued) The following tables present the activity in the allowance for loan losses for the year-to-date periods ended and the distribution of the allowance by segment as of September 30, 2022 and December 31, 2021. Allowance for Loan Losses and Recorded Investment in Loans (dollars in thousands) As of and For the Nine Months Ended September 30, 2022 Commercial Commercial Real Estate Consumer Residential Total Allowance for Loan Losses: Beginning Balance $ 1,471 $ 3,637 $ 860 $ 947 $ 6,915 Charge-Offs - - ( 10 ) - ( 10 ) Recoveries 96 207 15 71 389 Provision (Recovery of) ( 302 ) ( 861 ) ( 36 ) 299 ( 900 ) Ending Balance 1,265 2,983 829 1,317 6,394 Ending Balance: Individually evaluated for impairment - - - - - Ending Balance: Collectively evaluated for impairment 1,265 2,983 829 1,317 6,394 Totals: $ 1,265 $ 2,983 $ 829 $ 1,317 $ 6,394 Financing Receivables: Ending Balance: Individually evaluated for impairment - 1,712 253 1,354 3,319 Ending Balance: Collectively evaluated for impairment 101,225 355,592 98,254 62,121 617,192 Totals: $ 101,225 $ 357,304 $ 98,507 $ 63,475 $ 620,511 Note 8 – Loans, allowance for loan losses and OREO (continued) Allowance for Loan Losses and Recorded Investment in Loans (dollars in thousands) As of and For the Year Ended December 31, 2021 Commercial Commercial Real Estate Consumer Residential Total Allowance for Loan Losses: Beginning Balance $ 2,001 $ 3,550 $ 868 $ 737 $ 7,156 Charge-Offs ( 53 ) - ( 38 ) - ( 91 ) Recoveries 112 72 29 137 350 Provision (Recovery of) ( 589 ) 15 1 73 ( 500 ) Ending Balance 1,471 3,637 860 947 6,915 Ending Balance: Individually evaluated for impairment - - - - - Ending Balance: Collectively evaluated for impairment 1,471 3,637 860 947 6,915 Totals: $ 1,471 $ 3,637 $ 860 $ 947 $ 6,915 Financing Receivables: Ending Balance: Individually evaluated for impairment 17 2,694 59 1,316 4,086 Ending Balance: Collectively evaluated for impairment 105,050 335,455 89,043 49,750 579,298 Totals: $ 105,067 $ 338,149 $ 89,102 $ 51,066 $ 583,384 Note 8 – Loans, allowance for loan losses and OREO (continued) The following tables present credit quality information by class of loans as of September 30, 2022 and December 31, 2021. Credit Quality Information - by Class September 30, 2022 Pass Monitor Special Substandard Doubtful Totals Mention Commercial $ 92,003 $ 4,336 $ 4,829 $ 57 $ - $ 101,225 Commercial Real Estate: Commercial Mortgages-Owner Occupied 128,090 1,973 - 1,210 - 131,273 Commercial Mortgages-Non-Owner Occupied 203,267 500 1,197 717 - 205,681 Commercial Construction 20,350 - - - - 20,350 Consumer Consumer Unsecured 3,911 - 20 1 - 3,932 Consumer Secured 94,225 - - 350 - 94,575 Residential: Residential Mortgages 39,111 - - 1,468 - 40,579 Residential Consumer Construction 22,896 - - - - 22,896 Totals $ 603,853 $ 6,809 $ 6,046 $ 3,803 $ - $ 620,511 Credit Quality Information - by Class December 31, 2021 Pass Monitor Special Substandard Doubtful Totals Mention Commercial $ 92,789 $ 7,965 $ 4,262 $ 51 $ - $ 105,067 Commercial Real Estate: Commercial Mortgages-Owner Occupied 116,098 5,986 4,130 2,620 - 128,834 Commercial Mortgages-Non-Owner Occupied 176,291 2,506 - 316 - 179,113 Commercial Construction 30,202 - - - - 30,202 Consumer Consumer Unsecured 2,581 - 23 1 - 2,605 Consumer Secured 86,265 - - 232 - 86,497 Residential: Residential Mortgages 30,486 - - 1,439 - 31,925 Residential Consumer Construction 19,141 - - - - 19,141 Totals $ 553,853 $ 16,457 $ 8,415 $ 4,659 $ - $ 583,384 Note 8 – Loans, allowance for loan losses and OREO (continued) The following tables present an aging analysis of the loan portfolio by class and past due as of September 30, 2022 and December 31, 2021. Age Analysis of Past Due Loans as of September 30, 2022 Recorded Greater Investment 30-59 Days 60-89 Days than Total Past Total > 90 Days & Past Due Past Due 90 Days Due Current Loans Accruing Commercial $ - $ - $ - $ - $ 101,225 $ 101,225 $ - Commercial Real Estate: Commercial Mortgages-Owner Occupied - - 502 502 130,771 131,273 - Commercial Mortgages-Non-Owner Occupied - 56 - 56 205,625 205,681 - Commercial Construction - - - - 20,350 20,350 - Consumer: Consumer Unsecured - - - - 3,932 3,932 - Consumer Secured 133 - - 133 94,442 94,575 - Residential: Residential Mortgages 519 - 96 615 39,964 40,579 - Residential Consumer Construction - - - - 22,896 22,896 - Total $ 652 $ 56 $ 598 $ 1,306 $ 619,205 $ 620,511 $ - Age Analysis of Past Due Loans as of December 31, 2021 Recorded Greater Investment 30-59 Days 60-89 Days than Total Past Total > 90 Days & Past Due Past Due 90 Days Due Current Loans Accruing Commercial $ - $ 1 $ 25 $ 26 $ 105,041 $ 105,067 $ - Commercial Real Estate: Commercial Mortgages-Owner Occupied 464 - 501 965 127,869 128,834 - Commercial Mortgages-Non-Owner Occupied 1,310 - - 1,310 177,803 179,113 - Commercial Construction - - - - 30,202 30,202 - Consumer: Consumer Unsecured 8 1 - 9 2,596 2,605 - Consumer Secured 111 3 118 232 86,265 86,497 - Residential: Residential Mortgages 948 - 163 1,111 30,814 31,925 - Residential Consumer Construction - - - - 19,141 19,141 - Total $ 2,841 $ 5 $ 807 $ 3,653 $ 579,731 $ 583,384 $ - Note 8 – Loans, allowance for loan losses and OREO (continued) Troubled Debt Restructurings (TDR) There was one loan modification that was classified as a TDR during the three and nine months ended September 30, 2022. This loan has had its original terms modified to facilitate payment by the borrower. The loan has been classified as a TDR primarily due to the extension of the maturity date which lowered the borrower’s payment. There were no loan modifications that would have been classified as TDRs during the three and nine months ended September 30, 2021. There were no loan modifications classified as TDRs within the last twelve months that defaulted during the three and nine months Ended September 30, 2022 and 2021. At September 30, 2022 and December 31, 2021, the Bank had no outstanding commitments to disburse additional funds on loans classified as TDRs. At the outset of the COVID-19 pandemic in the spring of 2020, we developed relief programs to assist borrowers in financial need due to the effects of the COVID-19 pandemic. Accordingly, we offered short-term modifications made in response to COVID-19 to certain borrowers who were current and otherwise not past due. These included short-term, 180 days or less, modifications in the form of payment deferrals, fee waivers, extensions of repayment terms, deferral of principal only (interest only payments), or other delays in payment that are insignificant. The Bank modified a total of 191 loans. As of September 30, 2022 and December 31, 2021, none of the 191 previously modified loans remained in deferment and all such previously deferred loans are current.

Revenue Recognition

Revenue Recognition	9 Months Ended
	Sep. 30, 2022
Revenue Recognition [Abstract]
Revenue Recognition	Note 9 – Revenue Recognition Topic 606 does not apply to revenue associated with financial instruments, including revenue from loans and securities. Topic 606 is applicable to noninterest revenue streams such as deposit related fees, interchange fees, merchant income, and annuity and insurance commissions. Noninterest revenue streams in-scope of Topic 606 are discussed below. Service Charges on Deposit Accounts Service charges on deposit accounts consist of account analysis fees (i.e., net fees earned on analyzed business checking accounts), monthly service fees, check orders, and other deposit account related fees. The Company’s performance obligation for account analysis fees and monthly service fees is generally satisfied, and the related revenue recognized, over the period in which the service is provided. Check orders and other deposit account related fees are largely transactional based, and therefore, the Company’s performance obligation is satisfied, and related revenue recognized, at a point in time. Payment for service charges on deposit accounts is primarily received immediately or at the end of the month through a direct charge to customers’ accounts. Fees, Exchange, and Other Service Charges Fees, exchange, and other service charges are primarily comprised of debit and credit card income, ATM fees, merchant services income, treasury services income and other service charges. Debit and credit card income is primarily comprised of interchange fees earned whenever the Company’s debit and credit cards are processed through card payment networks such as Visa. ATM fees are primarily generated when a Company cardholder uses a non-Company ATM or a non-Company cardholder uses a Company ATM. Merchant services income mainly represents fees charged to merchants to process their debit and credit card transactions, in addition to account management fees. Treasury services income primarily represents fees charged to customers for sweep, positive pay and lockbox services. Other service charges include revenue from processing wire transfers, bill pay service, cashier’s checks, and other services. The Company’s performance obligation for fees, exchange, and other service charges are largely satisfied, and related revenue recognized, when the services are rendered or upon completion. Payment is typically received immediately or at the end of the month. Investment Advisory Fees The Company earns fees from its contracts with its investment advisory clients to manage client assets and for the provision of miscellaneous services. These fees are primarily earned over time as the Company charges its clients on a quarterly (which may not be a calendar quarter) basis in accordance with its investment advisory agreements. Fees are generally assessed based on a tiered scale of the market value of the client’s assets under management at quarter end. Note 9 – Revenue Recognition (continued) Other Other noninterest income consists of other recurring revenue streams such as commissions from sales of mutual funds and other investments, safety deposit box rental fees, and other miscellaneous revenue streams. Commissions from the sale of mutual funds and other investments are recognized on trade date, which is when the Company has satisfied its performance obligation. The Company also receives periodic service fees (i.e., trailers) from mutual fund companies typically based on a percentage of net asset value. Trailer revenue is recorded over time, usually monthly or quarterly, as net asset value is determined. Safe deposit box rental fees are charged to the customer on an annual basis and recognized upon receipt of payment. The Company determined that since rentals and renewals occur fairly consistently over time, revenue is recognized on a basis consistent with the duration of the performance obligation.

Economic Conditions

Economic Conditions	9 Months Ended
	Sep. 30, 2022
Economic Conditions [Abstract]
Economic Conditions	Note 10 - Economic Conditions Management will continue to evaluate current economic conditions to determine the impact of economic conditions including rising interest rates, supply chain disruption, inflation, and Federal Reserve Board of Governors monetary policy and the resulting impact on the ability of our customers to fulfill their financial obligations to the Company, as well as the values of our financial and nonfinancial assets. Accordingly, significant estimates used in the preparation of our financial statements including those associated with the evaluation of the allowance for loan losses as well as other valuation-based estimates may be subject to significant adjustments in future periods.

Capital Notes and Other Borrowi

Capital Notes and Other Borrowings	9 Months Ended
	Sep. 30, 2022
Capital Notes and Other Borrowings [Abstract]
Capital Notes and Other Borrowings	Note 11 – Capital Notes and Other Borrowings On April 13, 2020, the Company commenced a private placement of unregistered debt securities (the “2020 Offering”). In the 2020 Offering, the Company sold and closed $ 10,050,000 in principal of notes (the “2020 Notes”) during the 2 nd and 3 rd quarters of 2020. The 2020 Offering officially ended on July 8, 2020. The 2020 Notes bear interest at the rate of 3.25 % per year with interest payable quarterly in arrears. The 2020 Notes will mature on June 30, 2025 and are currently subject to full or partial call by the Company. The balance of the 2020 Notes on the Consolidated Balance Sheets is presented net of unamortized issuance costs. On September 24, 2020 the Bank used $ 5,000,000 of the proceeds for the payment of principal of the Company’s previously outstanding 4.00 % notes that were issued in 2017. The Company intends to use the balance of the proceeds from the 2020 Offering for general corporate purposes at the discretion of Company’s management such as payment of interest on the 2020 Notes and as a contribution of additional capital to the Bank. On December 29, 2021 Financial borrowed $ 11,000,000 from National Bank of Blacksburg (NBB) pursuant to a secured promissory note (the “NBB Note”). Prior to the modification discussed below, the NBB Note bore interest at the rate of 4.00 %, and was being amortized over a fifteen year period with a balloon payment of approximately $ 9,375,000 due on December 31, 2024 . The note is secured by a first priority lien on approximately 4.95 % of the Bank’s common stock. The balance of the NBB Note is presented on the Consolidated Balance Sheets under “other borrowings” and is net of unamortized issuance costs. A portion of the proceeds were used to purchase 100 % of the capital stock of PWW. On June 30, 2022, NBB agreed to modify the terms of the NBB Note effective July 1, 2022. Pursuant to the modification, the balloon payment date was extended to December 31, 2026 from December 31, 2024 and the interest rate was lowered to 3.90 % from 4.00 %. The approximate amount of the balloon payment on December 31, 2026 will be $ 8,104,000 .

Acquisitions

Acquisitions	9 Months Ended
	Sep. 30, 2022
Acquisitions [Abstract]
Acquisitions	Note 12 – Acquisitions Goodwill arises from business combinations and is generally determined as the excess of fair value of the consideration transferred, plus the fair value of any noncontrolling interests in the acquired entity, over the fair value of the nets assets acquired and liabilities assumed as of the acquisition date. Goodwill and intangible assets acquired in a purchase business combination and determined to have an indefinite useful life are not amortized, but tested for impairment at least annually or more frequently in events and circumstances exists that indicate that a goodwill impairment test should be performed. The Company has selected September 1 of each year as the date to perform the annual impairment test. The Company performed a qualitative assessment of goodwill at September 1, 2022, and concluded that no impairment existed. Intangible assets with definite useful lives are amortized over estimated useful lives to their estimated residual values. Goodwill is the only intangible asset with an indefinite life on our balance sheet. Note 12 – Acquisitions (continued) On December 31, 2021, Financial completed its acquisition of PWW, a Lynchburg, Virginia-based investment advisory firm with approximately $ 650 million in assets under management and advisement at the time of the acquisition. PWW operates as a subsidiary of Financial. The acquisition date fair value of consideration transferred totaled $ 10.5 million, which was paid in cash. In connection with this transaction, the Company recorded $ 3.0 million in goodwill and $ 8.4 million of amortizable intangible assets, which primarily relate to the value of customer relationships. The goodwill is not deductible for tax purposes. The Company is amortizing these intangible assets over a 15 -year period using the straight line method. The transaction was accounted for using the acquisition method of accounting, and accordingly, assets acquired, liabilities assumed, and consideration exchanged were recorded at estimated fair values on the acquisition date. The fair values are subject to refinement for up to one year after the closing date of the acquisition, in accordance with ASC 350, Intangibles-Goodwill and Other. It was necessary to increase goodwill related to PWW during the nine months ended September 30, 2022 as a result of a contractual net working capital adjustment payment to the previous owners of PWW in the amount of approximately $ 818,000 . This net working capital adjustment payment was related to fees generated by PWW that were not collected until 2022. This adjustment to goodwill was within the one-year measurement period allowed per GAAP.

Recent Accounting Pronouncement

Recent Accounting Pronouncements And Other Authoritative Guidance	9 Months Ended
	Sep. 30, 2022
Recent Accounting Pronouncements And Other Authoritative Guidance [Abstract]
Recent accounting pronouncements and other authoritative guidance	Note 13 – Recent accounting pronouncements and other authoritative guidance In June 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” The amendments in this ASU, among other things, require the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better inform their credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. In addition, the ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. The FASB has issued multiple updates to ASU 2016-13 as codified in Topic 326, including ASU’s 2019-04, 2019-05, 2019-10, 2019-11, 2020-02, and 2020-03. These ASU’s have provided for various minor technical corrections and improvements to the codification as well as other transition matters. Smaller reporting companies who file with the U.S. Securities and Exchange Commission (SEC) and all other entities who do not file with the SEC are required to apply the guidance for fiscal years, and interim periods within those years, beginning after December 15, 2022. The Company is currently assessing the impact that ASU 2016-13 will have on its consolidated financial statements. The Company has contracted with an additional vendor in addition to its core processer and the implementation process has begun. The Company is running the CECL methodology side by side with the current allowance methodology through the end of 2022 before full implementation. Effective November 25, 2019, the SEC adopted Staff Accounting Bulletin (SAB) 119. SAB 119 updated portions of SEC interpretative guidance to align with FASB ASC 326, “Financial Instruments – Credit Losses.” It covers topics including (1) measuring current expected credit losses; (2) development, governance, and documentation of a systematic methodology; (3) documenting the results of a systematic methodology; and (4) validating a systematic methodology. In March 2022, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2022-02, “Financial Instruments-Credit Losses (Topic 326), Troubled Debt Restructurings and Vintage Disclosures.” ASU 2022-02 addresses The areas identified by the FASB as part of its post-implementation review of the credit losses standard (ASU 2016-13) that introduced the CECL model. The amendments eliminate the accounting guidance for troubled debt restructurings by creditors that have adopted the CECL model and enhance the disclosure requirements for loan refinancings and restructurings made with borrowers experiencing financial difficulty. In addition, the amendments require a public business entity to disclose current-period gross write-offs for financing receivables and net investment in leases by year of origination in the vintage disclosures. The amendments in this ASU should be applied prospectively, except for the transition method related to the recognition and measurement of TDRs, an entity has the option to apply a modified retrospective transition method, resulting in a cumulative-effect adjustment to retained earnings in the period of adoption. For entities that have adopted ASU 2016-13, ASU 2022-02 is effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. For entities that have not yet adopted ASU 2016-13, the effective dates for ASU 2022-02 are the same as the effective dates in ASU 2016-13. The Company is currently assessing the impact that ASU 2022-02 will have on its consolidated financial statements.

Basis of Presentation (Policies

Basis of Presentation (Policies)	9 Months Ended
	Sep. 30, 2022
Summary of significant accounting policies [Abstract]
Consolidation	The unaudited consolidated financial statements have been prepared by Bank of the James Financial Group, Inc. (“Financial” or the “Company”) pursuant to the rules and regulations of the Securities and Exchange Commission. In management’s opinion the accompanying financial statements, which unless otherwise noted are unaudited, reflect all adjustments, consisting solely of normal recurring accruals, necessary for a fair presentation of the financial information as of September 30, 2022 and for the three and nine months ended September 30, 2022 and 2021 in conformity with accounting principles generally accepted in the United States of America. Additional information concerning the organization and business of Financial, accounting policies followed, and other related information is contained in Financial’s Annual Report on Form 10-K for the year ended December 31, 2021. These financial statements should be read in conjunction with the audited consolidated financial statements and footnotes for the year ended December 31, 2021 included in Financial’s Annual Report on Form 10-K. Results for the three and nine month periods ended September 30, 2022 are not necessarily indicative of the results that may be expected for the year ending December 31, 2022. Certain immaterial reclassifications have been made to prior period balances to conform to the current period presentation.
Allowance For Loan Losses	Financial’s critical accounting policies include the evaluation of the allowance for loan losses which is based on management’s estimate of an amount that is adequate to absorb probable losses inherent in the loan portfolio of Bank of the James (the “Bank”), Financial’s wholly-owned subsidiary. The allowance for loan losses is established through a provision for loan losses based on available information including the composition of the loan portfolio, historical loan losses, specific impaired loans, availability and quality of collateral, age of the various portfolios, changes in local economic conditions, and loan performance and quality of the portfolio. Different assumptions used in evaluating the adequacy of the Bank’s allowance for loan losses could result in material changes in Financial’s financial condition and results of operations. The Bank’s policy with respect to the methodology for determining the allowance for loan losses involves a high degree of complexity and requires management to make subjective judgments that often require assumptions or estimates about uncertain matters. This critical policy and its assumptions are periodically reviewed with the Board of Directors.
Goodwill and Intangible Assets	Goodwill is subject to at least an annual assessment for impairment. Additionally, acquired intangible assets (such as customer relationship intangibles) are separately recognized if the benefit of the assets can be sold, transferred, licensed, rented, or exchanged, and amortized over their useful lives. The cost of customer relationships, based on independent valuation, are being amortized over their estimated lives of fifteen years . The Company records as goodwill the fair value of the consideration transferred, plus the fair value of any noncontrolling interests in the acquiree, over the fair value of the net assets acquired and liabilities assumed as of the acquisition date. The Company will review the carrying value of the goodwill at least annually or more frequently if certain impairment indicators exist. In testing goodwill for impairment, the Company may first consider qualitative factors to determine whether the existence of events or circumstances lead to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If, after assessing the totality of events and circumstances, we conclude that it is more likely than not that the fair value of a reporting unit is not less than its carrying amount, then no further testing is required and the goodwill of the reporting unit is not impaired. If the Company elects to bypass the qualitative assessment or if we conclude that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, then the fair value of the reporting unit is compared with its carrying value to determine whether an impairment exists.
Other Real Estate Owned	Financial also considers valuation of other real estate owned (OREO) a critical accounting policy. OREO consists of properties acquired through foreclosure or deed in lieu of foreclosure. These properties are carried at fair value less estimated costs to sell at the date of acquisition. Losses from the acquisition of property in full or partial satisfaction of loans are charged against the allowance for loan losses. Subsequent write-downs, if any, are charged against expense. Gains and losses on the sales of foreclosed properties are included in determining net income in the year of the sale. Operating costs after acquisition are expensed.

Use of Estimate (Policies)

Use of Estimate (Policies)	9 Months Ended
	Sep. 30, 2022
Use Of Estimates [Abstract]
Use of Estimates	The consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America which require management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.

Earnings Per Common Share (EP_2

Earnings Per Common Share (EPS) (Tables)	9 Months Ended
	Sep. 30, 2022
Earnings Per Common Share (EPS) [Abstract]
Earnings Per Share	Three Months Ended Nine Months Ended September 30, September 30, 2022 2021 2022 2021 Net income $ 2,574,000 $ 1,881,000 $ 7,005,000 $ 5,730,000 Weighted average number of shares outstanding - basic and diluted 4,683,581 4,740,657 4,721,423 4,750,235 Earnings per common share - basic and diluted $ 0.55 $ 0.40 $ 1.48 $ 1.21

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2022
Fair Value Assets Measured On Recurring Basis	Carrying Value at September 30, 2022 (in thousands) Quoted Prices Significant Significant in Active Other Unobservable Balance as of Markets for Observable Inputs September 30, Identical Assets Inputs (Level 3) Description 2022 (Level 1) (Level 2) US Treasuries $ 4,721 $ — $ 4,721 $ — US agency obligations 62,139 — 62,139 — Mortgage-backed securities 70,394 — 70,394 — Municipals 37,799 — 37,799 — Corporates 16,078 — 16,078 — Total available-for-sale securities $ 191,131 $ — $ 191,131 $ — Forward sales commitments - asset 429 — — 429 Total assets at fair value $ 191,560 $ — $ 191,131 $ 429 IRLCs - liability ( 225 ) — — ( 225 ) Carrying Value at December 31, 2021 (in thousands) Quoted Prices Significant Significant in Active Other Unobservable Balance as of Markets for Observable Inputs December 31, Identical Assets Inputs (Level 3) Description 2021 (Level 1) (Level 2) US Treasuries $ 2,002 $ — $ 2,002 $ — US agency obligations 58,470 — 58,470 — Mortgage-backed securities 37,438 — 37,438 — Municipals 50,204 — 50,204 — Corporates 13,153 — 13,153 — Total available-for-sale securities $ 161,267 $ — $ 161,267 $ — IRLCs – asset 144 — — 144 Total assets at fair value $ 161,411 $ — $ 161,267 $ 144
Impaired Loans And Other Real Estate Owned Measured At Fair Value On A Nonrecurring Basis	Carrying Value at September 30, 2022 Description Balance as of September 30, 2022 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Impaired loans* $ 1,364 $ — $ — $ 1,364 Other real estate owned 566 — — 566 * Includes loans charged down to the net realizable value of the collateral. Carrying Value at December 31, 2021 Description Balance as of December 31, 2021 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Impaired loans* $ 1,802 $ — $ — $ 1,802 Other real estate owned 761 — — 761 * Includes loans charged down to the net realizable value of the collateral.
Fair Value Carrying And Notional Amounts	Fair Value Measurements at September 30, 2022 using Quoted Prices Significant in Active Other Significant Markets for Observable Unobservable Carrying Identical Assets Inputs Inputs Assets Amounts (Level 1) (Level 2) (Level 3) Balance Cash and due from banks $ 38,622 $ 38,622 $ - $ - $ 38,622 Federal funds sold 42,398 42,398 - - 42,398 Securities Available-for-sale 191,131 - 191,131 - 191,131 Held-to-maturity 3,643 - 3,192 - 3,192 Restricted stock 1,387 - 1,387 - 1,387 Loans, net (1) 614,117 - - 576,085 576,085 Loans held for sale 3,239 - 3,239 - 3,239 Interest receivable 2,382 - 2,382 - 2,382 BOLI 19,123 - 19,123 - 19,123 Derivatives – Forward Sales Commitments 429 - - 429 429 Liabilities Deposits $ 883,069 $ - $ 883,188 $ - $ 883,188 Capital notes 10,037 - - 9,228 9,228 Other borrowings 10,596 - - 10,077 10,077 Interest payable 37 - 37 - 37 Derivatives - IRLCs 225 - - 225 225 Fair Value Measurements at December 31, 2021 using Quoted Prices Significant in Active Other Significant Markets for Observable Unobservable Carrying Identical Assets Inputs Inputs Assets Amounts (Level 1) (Level 2) (Level 3) Balance Cash and due from banks $ 29,337 $ 29,337 $ - $ - $ 29,337 Federal funds sold 153,816 153,816 - - 153,816 Securities Available-for-sale 161,267 - 161,267 - 161,267 Held-to-maturity 3,655 - 4,006 - 4,006 Restricted stock 1,324 - 1,324 - 1,324 Loans, net (1) 576,469 - - 565,543 565,543 Loans held for sale 1,628 - 1,628 - 1,628 Interest receivable 2,064 - 2,064 - 2,064 BOLI 18,785 - 18,785 - 18,785 Derivatives - IRLCs 144 - - 144 144 Liabilities Deposits $ 887,056 $ - $ 887,955 $ - $ 887,955 Capital notes 10,031 - - 10,712 10,712 Other borrowings 10,985 - - 11,467 11,467 Interest payable 46 - 46 - 46 (1) Carrying amount is net of unearned income and the Allowance.
Fair Value, Recurring [Member]
Information Regarding Quantitative Inputs Used To Value Assets Classified As Level 3	The following table provides additional quantitative information about assets measured at fair value on a recurring basis and for which we have utilized Level 3 inputs to determine fair value: Quantitative information about Level 3 Fair Value Measurements for September 30, 2022 (dollars in thousands) Fair Value Valuation Technique(s) Unobservable Input Range (Weighted Average) (1) Assets IRLCs – liability $ ( 225 ) Market approach Range of pull through rate 70 % - 100 % ( 85 %) Forward Sales Commitments – asset 429 Market approach Range of pull through rate 70 % - 100 % ( 85 %) (1) Weighted based on the relative value of the instruments Quantitative information about Level 3 Fair Value Measurements for December 31, 2021 (dollars in thousands) Fair Value Valuation Technique(s) Unobservable Input Range (Weighted Average) (1) Assets IRLCs - asset $ 144 Market approach Range of pull through rate 70 % - 100 % ( 85 %) (1) Weighted based on the relative value of the instruments
Fair Value, Nonrecurring [Member]
Information Regarding Quantitative Inputs Used To Value Assets Classified As Level 3	Quantitative information about Level 3 Fair Value Measurements for September 30, 2022 (dollars in thousands) Fair Value Valuation Technique(s) Unobservable Input Range (Weighted Average) (1) Assets Impaired loans $ 1,364 Discounted appraised value Selling cost 0 % - 10 % ( 8 %) Discount for lack of marketability and age of appraisal 0 % - 20 % ( 6 %) OREO 566 Discounted appraised value Selling cost 10 % Discount for lack of marketability and age of appraisal 0 % - 25 % ( 15 %) (1)Weighted based on the relative value of the instruments. Note 5 – Fair Value Measurements (continued) Quantitative information about Level 3 Fair Value Measurements for December 31, 2021 (dollars in thousands) Fair Value Valuation Technique(s) Unobservable Input Range (Weighted Average) (1) Assets Impaired loans $ 1,802 Discounted appraised value Selling cost 0 % - 10 % ( 8 %) Discount for lack of marketability and age of appraisal 0 % - 20 % ( 6 %) OREO 761 Discounted appraised value Selling cost 10 % Discount for lack of marketability and age of appraisal 0 % - 27 % ( 26 %) (1)Weighted based on the relative value of the instruments.

Securities (Tables)

Securities (Tables)	9 Months Ended
	Sep. 30, 2022
Securities [Abstract]
Summary Of Securities Held-To-Maturity And Securities Available-For-Sale	September 30, 2022 Amortized Gross Unrealized Costs Gains (Losses) Fair Value Held-to-Maturity US agency obligations $ 3,643 $ - $ ( 451 ) $ 3,192 Available-for-Sale US Treasuries 4,894 - ( 173 ) 4,721 US agency obligations 71,713 - ( 9,574 ) 62,139 Mortgage-backed securities 81,782 - ( 11,388 ) 70,394 Municipals 49,984 - ( 12,185 ) 37,799 Corporates 17,041 - ( 963 ) 16,078 $ 225,414 $ - $ ( 34,283 ) $ 191,131 December 31, 2021 Amortized Gross Unrealized Costs Gains (Losses) Fair Value Held-to-Maturity US agency obligations $ 3,655 $ 351 $ — $ 4,006 Available-for-Sale US Treasuries 2,000 2 — 2,002 US agency obligations 59,144 575 ( 1,249 ) 58,470 Mortgage-backed securities 38,017 75 ( 654 ) 37,438 Municipals 50,806 368 ( 970 ) 50,204 Corporates 13,053 169 ( 69 ) 13,153 $ 163,020 $ 1,189 $ ( 2,942 ) $ 161,267
Gross Unrealized Losses And Fair Value Of The Bank’s Investments	September 30, 2022 Less than 12 months More than 12 months Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Held-to-maturity U.S. agency obligations $ 3,192 $ 451 $ — $ — $ 3,192 $ 451 Available-for-sale U.S. Treasuries 4,721 173 — — 4,721 173 U.S. agency obligations 31,238 3,149 30,901 6,425 62,139 9,574 Mortgage-backed securities 48,384 6,405 22,010 4,983 70,394 11,388 Municipals 13,642 3,226 24,157 8,959 37,799 12,185 Corporates 6,600 441 1,478 522 8,078 963 Total temporarily impaired securities $ 107,777 $ 13,845 $ 78,546 $ 20,889 $ 186,323 $ 34,734 December 31, 2021 Less than 12 months More than 12 months Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Held-to-maturity U.S. agency obligations $ — $ — $ — $ — $ — $ — Available-for-sale U.S. Treasuries — — — — — — U.S. agency obligations 21,893 379 15,233 870 37,126 1,249 Mortgage-backed securities 28,019 402 6,382 252 34,401 654 Municipals 28,028 635 7,952 335 35,980 970 Corporates 1,931 69 — — 1,931 69 Total temporarily impaired securities $ 79,871 $ 1,485 $ 29,567 $ 1,457 $ 109,438 $ 2,942
Contractual Maturities Of Investment Securities	September 30, 2022 Amortized Costs Fair Value Available-for-sale: Due in one year or less $ 2,372 $ 2,335 Due after one year through five years 42,150 38,817 Due after five years through ten years 76,278 65,888 Due after ten years 104,614 84,091 Total securities Available-for-sale $ 225,414 $ 191,131 Amortized Costs Fair Value Held-to-maturity: Due in one year or less $ - $ - Due after one year through five years - - Due after five years through ten years 2,425 2,166 Due after ten years 1,218 1,026 Total securities Held-to-maturity $ 3,643 $ 3,192

Business Segments (Tables)

Business Segments (Tables)	9 Months Ended
	Sep. 30, 2022
Business Segments [Abstract]
Schedule Of Segment Reporting Information, By Segment	Business Segments Investment Community Advisory Banking Mortgage Services Total For the three months ended September 30, 2022 Net interest income $ 7,900 $ - $ - $ 7,900 Recovery of loan losses ( 300 ) - - ( 300 ) Net interest income after recovery of loan losses 8,200 - - 8,200 Noninterest income 1,423 1,472 959 3,854 Noninterest expenses 7,095 1,280 504 8,879 Income before income taxes 2,528 192 455 3,175 Income tax expense 505 40 56 601 Net income $ 2,023 $ 152 $ 399 $ 2,574 Total assets $ 944,890 $ 4,081 $ 13,599 $ 962,570 For the three months ended September 30, 2021 Net interest income $ 6,822 $ - $ - $ 6,822 Provision for loan losses - - - - Net interest income after provision for loan losses 6,822 - - 6,822 Noninterest income 731 2,091 - 2,822 Noninterest expenses 5,776 1,522 - 7,298 Income before income taxes 1,777 569 - 2,346 Income tax expense 345 120 - 465 Net income $ 1,432 $ 449 $ - $ 1,881 Total assets $ 935,482 $ 7,149 $ - $ 942,631 Investment Community Advisory Banking Mortgage Services Total For the nine months ended September 30, 2022 Net interest income $ 21,414 $ - $ - $ 21,414 Recovery of loan losses ( 900 ) - - ( 900 ) Net interest income after recovery of loan losses 22,314 - - 22,314 Noninterest income 2,909 4,675 2,935 10,519 Noninterest expenses 18,596 3,889 1,634 24,119 Income before income taxes 6,627 786 1,301 8,714 Income tax expense 1,310 165 234 1,709 Net income $ 5,317 $ 621 $ 1,067 $ 7,005 Total assets $ 944,890 $ 4,081 $ 13,599 $ 962,570 For the nine months ended September 30, 2021 Net interest income $ 20,280 $ - $ - $ 20,280 Provision for loan losses - - - - Net interest income after provision for loan losses 20,280 - - 20,280 Noninterest income 2,130 6,175 - 8,305 Noninterest expenses 16,985 4,439 - 21,424 Income before income taxes 5,425 1,736 - 7,161 Income tax expense 1,066 365 - 1,431 Net income $ 4,359 $ 1,371 $ - $ 5,730 Total assets $ 935,482 $ 7,149 $ - $ 942,631

Loans And Allowance For Loan Lo

Loans And Allowance For Loan Losses OREO (Tables)	9 Months Ended
	Sep. 30, 2022
Loans, allowance for loan losses and OREO [Abstract]
Summary Of Loans, Net	As of: September 30, December 31, 2022 2021 Commercial $ 101,225 $ 105,067 Commercial real estate 357,304 338,149 Consumer 98,507 89,102 Residential 63,475 51,066 Total loans (1) 620,511 583,384 Less allowance for loan losses 6,394 6,915 Net loans $ 614,117 $ 576,469 (1) Includes net deferred costs of $ 1,156 and $ 372 as of September 30, 2022 and December 31, 2021, respectively.
Loans On Non-Accrual Status	As of September 30, 2022 December 31, 2021 Commercial $ — $ 25 Commercial Real Estate: Commercial Mortgages-Owner Occupied 502 501 Commercial Mortgages-Non-Owner Occupied 125 138 Commercial Construction — — Consumer Consumer Unsecured — — Consumer Secured 8 127 Residential: Residential Mortgages 153 163 Residential Consumer Construction — — Totals $ 788 $ 954
Changes in OREO Balance	Nine Months Ended Year Ended September 30, 2022 December 31, 2021 Balance at the beginning of the year (net) $ 761 $ 1,105 Transfers from loans — 111 Capitalized costs — — Valuation adjustments ( 195 ) — Sales proceeds — ( 368 ) Loss on disposition — ( 87 ) Balance at the end of the period (net) $ 566 $ 761
Impaired Loans	Impaired Loans (dollars in thousands) As of and For the Nine Months Ended September 30, 2022 Unpaid Average Interest Recorded Principal Related Recorded Income Investment (1) Balance Allowance Investment Recognized With No Related Allowance Recorded: Commercial $ - $ - $ - $ 9 $ - Commercial Real Estate Commercial Mortgages-Owner Occupied 1,191 1,413 - 1,892 43 Commercial Mortgage Non-Owner Occupied 521 522 - 312 22 Commercial Construction - - - - - Consumer Consumer Unsecured - - - - - Consumer Secured 253 253 - 156 8 Residential Residential Mortgages 1,354 1,434 - 1,335 40 Residential Consumer Construction - - - - - With an Allowance Recorded: Commercial $ - $ - $ - $ - $ - Commercial Real Estate Commercial Mortgages-Owner Occupied - - - - - Commercial Mortgage Non-Owner Occupied - - - - - Commercial Construction - - - - - Consumer Consumer Unsecured - - - - - Consumer Secured - - - - - Residential Residential Mortgages - - - - - Residential Consumer Construction - - - - - Totals: Commercial $ - $ - $ - $ 9 $ - Commercial Real Estate Commercial Mortgages-Owner Occupied 1,191 1,413 - 1,892 43 Commercial Mortgage Non-Owner Occupied 521 522 - 312 22 Commercial Construction - - - - - Consumer Consumer Unsecured - - - - - Consumer Secured 253 253 - 156 8 Residential Residential Mortgages 1,354 1,434 - 1,335 40 Residential Consumer Construction - - - - - $ 3,319 $ 3,622 $ - $ 3,704 $ 113 (1) Recorded Investment is net of charge-offs and interest paid while a loan is in nonaccrual status. Note 8 – Loans, allowance for loan losses and OREO (continued) Impaired Loans (dollars in thousands) As of and For the Year Ended December 31, 2021 Unpaid Average Interest Recorded Principal Related Recorded Income Investment (1) Balance Allowance Investment Recognized With No Related Allowance Recorded: Commercial $ 17 $ 67 $ - $ 179 $ 5 Commercial Real Estate Commercial Mortgages-Owner Occupied 2,592 2,971 - 2,368 154 Commercial Mortgage Non-Owner Occupied 102 102 - 371 13 Commercial Construction - - - - - Consumer Consumer Unsecured - - - - - Consumer Secured 59 60 - 201 2 Residential Residential Mortgages 1,316 1,390 - 1,332 47 Residential Consumer Construction - - - - - With an Allowance Recorded: Commercial $ - $ - $ - $ 2 $ - Commercial Real Estate Commercial Mortgages-Owner Occupied - - - - - Commercial Mortgage Non-Owner Occupied - - - - - Commercial Construction - - - - - Consumer Consumer Unsecured - - - - - Consumer Secured - - - - - Residential Residential Mortgages - - - - - Residential Consumer Construction - - - - - Totals: Commercial $ 17 $ 67 $ - $ 181 $ 5 Commercial Real Estate Commercial Mortgages-Owner Occupied 2,592 2,971 - 2,368 154 Commercial Mortgage Non-Owner Occupied 102 102 - 371 13 Commercial Construction - - - - - Consumer Consumer Unsecured - - - - - Consumer Secured 59 60 - 201 2 Residential Residential Mortgages 1,316 1,390 - 1,332 47 Residential Consumer Construction - - - - - $ 4,086 $ 4,590 $ - $ 4,453 $ 221 (1) Recorded Investment is net of charge-offs and interest paid while a loan is in nonaccrual status.
Allowance For Loan Losses And Recorded Investment In Loans	Impaired Loans (dollars in thousands) As of and For the Nine Months Ended September 30, 2022 Unpaid Average Interest Recorded Principal Related Recorded Income Investment (1) Balance Allowance Investment Recognized With No Related Allowance Recorded: Commercial $ - $ - $ - $ 9 $ - Commercial Real Estate Commercial Mortgages-Owner Occupied 1,191 1,413 - 1,892 43 Commercial Mortgage Non-Owner Occupied 521 522 - 312 22 Commercial Construction - - - - - Consumer Consumer Unsecured - - - - - Consumer Secured 253 253 - 156 8 Residential Residential Mortgages 1,354 1,434 - 1,335 40 Residential Consumer Construction - - - - - With an Allowance Recorded: Commercial $ - $ - $ - $ - $ - Commercial Real Estate Commercial Mortgages-Owner Occupied - - - - - Commercial Mortgage Non-Owner Occupied - - - - - Commercial Construction - - - - - Consumer Consumer Unsecured - - - - - Consumer Secured - - - - - Residential Residential Mortgages - - - - - Residential Consumer Construction - - - - - Totals: Commercial $ - $ - $ - $ 9 $ - Commercial Real Estate Commercial Mortgages-Owner Occupied 1,191 1,413 - 1,892 43 Commercial Mortgage Non-Owner Occupied 521 522 - 312 22 Commercial Construction - - - - - Consumer Consumer Unsecured - - - - - Consumer Secured 253 253 - 156 8 Residential Residential Mortgages 1,354 1,434 - 1,335 40 Residential Consumer Construction - - - - - $ 3,319 $ 3,622 $ - $ 3,704 $ 113 (1) Recorded Investment is net of charge-offs and interest paid while a loan is in nonaccrual status. Note 8 – Loans, allowance for loan losses and OREO (continued) Impaired Loans (dollars in thousands) As of and For the Year Ended December 31, 2021 Unpaid Average Interest Recorded Principal Related Recorded Income Investment (1) Balance Allowance Investment Recognized With No Related Allowance Recorded: Commercial $ 17 $ 67 $ - $ 179 $ 5 Commercial Real Estate Commercial Mortgages-Owner Occupied 2,592 2,971 - 2,368 154 Commercial Mortgage Non-Owner Occupied 102 102 - 371 13 Commercial Construction - - - - - Consumer Consumer Unsecured - - - - - Consumer Secured 59 60 - 201 2 Residential Residential Mortgages 1,316 1,390 - 1,332 47 Residential Consumer Construction - - - - - With an Allowance Recorded: Commercial $ - $ - $ - $ 2 $ - Commercial Real Estate Commercial Mortgages-Owner Occupied - - - - - Commercial Mortgage Non-Owner Occupied - - - - - Commercial Construction - - - - - Consumer Consumer Unsecured - - - - - Consumer Secured - - - - - Residential Residential Mortgages - - - - - Residential Consumer Construction - - - - - Totals: Commercial $ 17 $ 67 $ - $ 181 $ 5 Commercial Real Estate Commercial Mortgages-Owner Occupied 2,592 2,971 - 2,368 154 Commercial Mortgage Non-Owner Occupied 102 102 - 371 13 Commercial Construction - - - - - Consumer Consumer Unsecured - - - - - Consumer Secured 59 60 - 201 2 Residential Residential Mortgages 1,316 1,390 - 1,332 47 Residential Consumer Construction - - - - - $ 4,086 $ 4,590 $ - $ 4,453 $ 221 (1) Recorded Investment is net of charge-offs and interest paid while a loan is in nonaccrual status.
Credit Quality Information-By Class	Credit Quality Information - by Class September 30, 2022 Pass Monitor Special Substandard Doubtful Totals Mention Commercial $ 92,003 $ 4,336 $ 4,829 $ 57 $ - $ 101,225 Commercial Real Estate: Commercial Mortgages-Owner Occupied 128,090 1,973 - 1,210 - 131,273 Commercial Mortgages-Non-Owner Occupied 203,267 500 1,197 717 - 205,681 Commercial Construction 20,350 - - - - 20,350 Consumer Consumer Unsecured 3,911 - 20 1 - 3,932 Consumer Secured 94,225 - - 350 - 94,575 Residential: Residential Mortgages 39,111 - - 1,468 - 40,579 Residential Consumer Construction 22,896 - - - - 22,896 Totals $ 603,853 $ 6,809 $ 6,046 $ 3,803 $ - $ 620,511 Credit Quality Information - by Class December 31, 2021 Pass Monitor Special Substandard Doubtful Totals Mention Commercial $ 92,789 $ 7,965 $ 4,262 $ 51 $ - $ 105,067 Commercial Real Estate: Commercial Mortgages-Owner Occupied 116,098 5,986 4,130 2,620 - 128,834 Commercial Mortgages-Non-Owner Occupied 176,291 2,506 - 316 - 179,113 Commercial Construction 30,202 - - - - 30,202 Consumer Consumer Unsecured 2,581 - 23 1 - 2,605 Consumer Secured 86,265 - - 232 - 86,497 Residential: Residential Mortgages 30,486 - - 1,439 - 31,925 Residential Consumer Construction 19,141 - - - - 19,141 Totals $ 553,853 $ 16,457 $ 8,415 $ 4,659 $ - $ 583,384
Age Analysis Of Past Due Financing Receivables	Age Analysis of Past Due Loans as of September 30, 2022 Recorded Greater Investment 30-59 Days 60-89 Days than Total Past Total > 90 Days & Past Due Past Due 90 Days Due Current Loans Accruing Commercial $ - $ - $ - $ - $ 101,225 $ 101,225 $ - Commercial Real Estate: Commercial Mortgages-Owner Occupied - - 502 502 130,771 131,273 - Commercial Mortgages-Non-Owner Occupied - 56 - 56 205,625 205,681 - Commercial Construction - - - - 20,350 20,350 - Consumer: Consumer Unsecured - - - - 3,932 3,932 - Consumer Secured 133 - - 133 94,442 94,575 - Residential: Residential Mortgages 519 - 96 615 39,964 40,579 - Residential Consumer Construction - - - - 22,896 22,896 - Total $ 652 $ 56 $ 598 $ 1,306 $ 619,205 $ 620,511 $ - Age Analysis of Past Due Loans as of December 31, 2021 Recorded Greater Investment 30-59 Days 60-89 Days than Total Past Total > 90 Days & Past Due Past Due 90 Days Due Current Loans Accruing Commercial $ - $ 1 $ 25 $ 26 $ 105,041 $ 105,067 $ - Commercial Real Estate: Commercial Mortgages-Owner Occupied 464 - 501 965 127,869 128,834 - Commercial Mortgages-Non-Owner Occupied 1,310 - - 1,310 177,803 179,113 - Commercial Construction - - - - 30,202 30,202 - Consumer: Consumer Unsecured 8 1 - 9 2,596 2,605 - Consumer Secured 111 3 118 232 86,265 86,497 - Residential: Residential Mortgages 948 - 163 1,111 30,814 31,925 - Residential Consumer Construction - - - - 19,141 19,141 - Total $ 2,841 $ 5 $ 807 $ 3,653 $ 579,731 $ 583,384 $ -

Basis of Presentation (Narrativ

Basis of Presentation (Narrative) (Details)	9 Months Ended
	Sep. 30, 2022 item
Number of jurisdictions	7
Customer Relationships [Member]
Finite-Lived Intangible Asset, Useful Life	15 years

Earnings Per Common Share (EP_3

Earnings Per Common Share (EPS) (Narrative) (Details) - shares		9 Months Ended
	May 18, 2021	Sep. 30, 2022	Sep. 30, 2021
Earnings Per Common Share (EPS) [Abstract]
Percentage of stock dividend issued	10%
Options excluded from calculating diluted EPS because their effect was anti-dilutive		0	0
Restricted stock units		0

Earnings Per Common Share (EP_4

Earnings Per Common Share (EPS) (Earnings Per Share) (Details) - USD ($)	3 Months Ended						9 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021
Earnings Per Common Share (EPS) [Abstract]
Net income	$ 2,574,000	$ 2,292,000	$ 2,139,000	$ 1,881,000	$ 2,014,000	$ 1,835,000	$ 7,005,000	$ 5,730,000
Weighted average number of shares	4,683,581			4,740,657			4,721,423	4,750,235
Weighted average diluted shares	4,683,581			4,740,657			4,721,423	4,750,235
Basic EPS (weighted avg shares)	$ 0.55			$ 0.40			$ 1.48	$ 1.21
Diluted EPS (Including incremental shares)	$ 0.55			$ 0.40			$ 1.48	$ 1.21

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($)					3 Months Ended	9 Months Ended
	Jan. 02, 2022	Jan. 02, 2021	Jan. 02, 2020	Jan. 02, 2019	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021	May 15, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, shares authorized						10,000,000		10,000,000
The 2018 Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized									250,000
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized stock based compensation expense						$ 0
Restricted Stock [Member] | The 2018 Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted				24,500
Shares forfeited						0	0
Vested period						3 years
Shares issued						0
Stock based compensation expense					$ 27,000		$ 88,000
Unrecognized stock based compensation expense	$ 0
Year One [Member] | Restricted Stock [Member] | The 2018 Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of shares vested			33.30%
Year Two [Member] | The 2018 Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of shares vested		33.30%
Year Three [Member] | The 2018 Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of shares vested	33.30%

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2022 USD ($)
Fair Value, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale, fair value adjustment	$ 0

Fair Value Measurements (Fair V

Fair Value Measurements (Fair Value Assets Measured On Recurring Basis) (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	$ 191,131	$ 161,267
IRLCs - asset		144
IRLCs – liability	(225)
Total assets at fair value	191,560	161,411
Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	191,131	161,267
Total assets at fair value	191,131	161,267
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
IRLCs - asset		144
IRLCs – liability	(225)
Total assets at fair value	429	144
US Treasuries [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	4,721	2,002
US Treasuries [Member] | Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	4,721	2,002
US Agency Obligations [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	62,139	58,470
US Agency Obligations [Member] | Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	62,139	58,470
Mortgage-Backed Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	70,394	37,438
Mortgage-Backed Securities [Member] | Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	70,394	37,438
Municipals [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	37,799	50,204
Municipals [Member] | Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	37,799	50,204
Corporates [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	16,078	13,153
Corporates [Member] | Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale, at fair value	16,078	$ 13,153
Forward Sales Commitments [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total assets at fair value	429
Forward Sales Commitments [Member] | Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
IRLCs - asset	429
Total assets at fair value	$ 429

Fair Value Measurements (Quanti

Fair Value Measurements (Quantitative information about Level 3 Fair Value Measurements - Recurring) (Details) $ in Thousands	Sep. 30, 2022 USD ($) item	Dec. 31, 2021 USD ($) item
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Fair Value | $	$ 191,560	$ 161,411
Significant Unobservable Inputs (Level 3) [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Fair Value | $	429	144
IRLCs - Asset [Member] | Fair Value, Recurring [Member] | Valuation, Market Approach [Member] | Significant Unobservable Inputs (Level 3) [Member] | Measurement Input, Range Of Pull Through Rate [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Fair Value | $		$ 144
IRLCs - Asset [Member] | Fair Value, Recurring [Member] | Minimum [Member] | Valuation, Market Approach [Member] | Significant Unobservable Inputs (Level 3) [Member] | Measurement Input, Range Of Pull Through Rate [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Range (Weighted Average)		70
IRLCs - Asset [Member] | Fair Value, Recurring [Member] | Maximum [Member] | Valuation, Market Approach [Member] | Significant Unobservable Inputs (Level 3) [Member] | Measurement Input, Range Of Pull Through Rate [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Range (Weighted Average)		100
IRLCs - Asset [Member] | Fair Value, Recurring [Member] | Weighted Average [Member] | Valuation, Market Approach [Member] | Significant Unobservable Inputs (Level 3) [Member] | Measurement Input, Range Of Pull Through Rate [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Range (Weighted Average)		85
IRLCs - Liability [Member] | Fair Value, Recurring [Member] | Valuation, Market Approach [Member] | Significant Unobservable Inputs (Level 3) [Member] | Measurement Input, Range Of Pull Through Rate [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Liabilities, Fair Value | $	$ (225)
IRLCs - Liability [Member] | Fair Value, Recurring [Member] | Minimum [Member] | Valuation, Market Approach [Member] | Significant Unobservable Inputs (Level 3) [Member] | Measurement Input, Range Of Pull Through Rate [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Range (Weighted Average)	70
IRLCs - Liability [Member] | Fair Value, Recurring [Member] | Maximum [Member] | Valuation, Market Approach [Member] | Significant Unobservable Inputs (Level 3) [Member] | Measurement Input, Range Of Pull Through Rate [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Range (Weighted Average)	100
IRLCs - Liability [Member] | Fair Value, Recurring [Member] | Weighted Average [Member] | Valuation, Market Approach [Member] | Significant Unobservable Inputs (Level 3) [Member] | Measurement Input, Range Of Pull Through Rate [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Range (Weighted Average)	85
Forward Sales Commitments [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Fair Value | $	$ 429
Forward Sales Commitments [Member] | Significant Unobservable Inputs (Level 3) [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Fair Value | $	429
Forward Sales Commitments [Member] | Fair Value, Recurring [Member] | Valuation, Market Approach [Member] | Significant Unobservable Inputs (Level 3) [Member] | Measurement Input, Range Of Pull Through Rate [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Fair Value | $	$ 429
Forward Sales Commitments [Member] | Fair Value, Recurring [Member] | Minimum [Member] | Valuation, Market Approach [Member] | Significant Unobservable Inputs (Level 3) [Member] | Measurement Input, Range Of Pull Through Rate [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Range (Weighted Average)	70
Forward Sales Commitments [Member] | Fair Value, Recurring [Member] | Maximum [Member] | Valuation, Market Approach [Member] | Significant Unobservable Inputs (Level 3) [Member] | Measurement Input, Range Of Pull Through Rate [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Range (Weighted Average)	100
Forward Sales Commitments [Member] | Fair Value, Recurring [Member] | Weighted Average [Member] | Valuation, Market Approach [Member] | Significant Unobservable Inputs (Level 3) [Member] | Measurement Input, Range Of Pull Through Rate [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Range (Weighted Average)	85

Fair Value Measurements (Impair

Fair Value Measurements (Impaired Loans And Other Real Estate Owned Measured At Fair Value On A Nonrecurring Basis) (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other real estate owned	$ 566	$ 761	$ 1,105
Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impaired loans	1,364	1,802
Other real estate owned	566	761
Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impaired loans	1,364	1,802
Other real estate owned	$ 566	$ 761

Fair Value Measurements (Inform

Fair Value Measurements (Information Regarding Quantitative Inputs Used To Value Assets Classified As Level 3 - Nonrecurring) (Details) $ in Thousands	Sep. 30, 2022 USD ($) item	Dec. 31, 2021 USD ($) item
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Fair Value | $	$ 191,560	$ 161,411
Significant Unobservable Inputs (Level 3) [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Fair Value | $	429	144
Fair Value, Nonrecurring [Member] | Impaired Loans [Member] | Significant Unobservable Inputs (Level 3) [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Fair Value | $	$ 1,364	$ 1,802
Fair Value, Nonrecurring [Member] | Impaired Loans [Member] | Minimum [Member] | Discounted Appraised Value [Member] | Significant Unobservable Inputs (Level 3) [Member] | Selling Cost [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans	0	0
Fair Value, Nonrecurring [Member] | Impaired Loans [Member] | Minimum [Member] | Discounted Appraised Value [Member] | Significant Unobservable Inputs (Level 3) [Member] | Discount For Lack Of Marketability And Age Of Appraisal [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans	0	0
Fair Value, Nonrecurring [Member] | Impaired Loans [Member] | Maximum [Member] | Discounted Appraised Value [Member] | Significant Unobservable Inputs (Level 3) [Member] | Selling Cost [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans	10	10
Fair Value, Nonrecurring [Member] | Impaired Loans [Member] | Maximum [Member] | Discounted Appraised Value [Member] | Significant Unobservable Inputs (Level 3) [Member] | Discount For Lack Of Marketability And Age Of Appraisal [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans	20	20
Fair Value, Nonrecurring [Member] | Impaired Loans [Member] | Weighted Average [Member] | Discounted Appraised Value [Member] | Significant Unobservable Inputs (Level 3) [Member] | Selling Cost [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans	8	8
Fair Value, Nonrecurring [Member] | Impaired Loans [Member] | Weighted Average [Member] | Discounted Appraised Value [Member] | Significant Unobservable Inputs (Level 3) [Member] | Discount For Lack Of Marketability And Age Of Appraisal [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans	6	6
Fair Value, Nonrecurring [Member] | OREO [Member] | Significant Unobservable Inputs (Level 3) [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Fair Value | $	$ 566	$ 761
Fair Value, Nonrecurring [Member] | OREO [Member] | Discounted Appraised Value [Member] | Significant Unobservable Inputs (Level 3) [Member] | Selling Cost [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
OREO	10	10
Fair Value, Nonrecurring [Member] | OREO [Member] | Minimum [Member] | Discounted Appraised Value [Member] | Significant Unobservable Inputs (Level 3) [Member] | Discount For Lack Of Marketability And Age Of Appraisal [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
OREO	0	0
Fair Value, Nonrecurring [Member] | OREO [Member] | Maximum [Member] | Discounted Appraised Value [Member] | Significant Unobservable Inputs (Level 3) [Member] | Discount For Lack Of Marketability And Age Of Appraisal [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
OREO	25	27
Fair Value, Nonrecurring [Member] | OREO [Member] | Weighted Average [Member] | Discounted Appraised Value [Member] | Significant Unobservable Inputs (Level 3) [Member] | Discount For Lack Of Marketability And Age Of Appraisal [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
OREO	15	26

Fair Value Measurements (Fair_2

Fair Value Measurements (Fair Value Carrying And Notional Amounts) (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and due from banks	$ 38,622	$ 29,337
Fed funds sold	42,398	153,816
Available-for-sale Securities	191,131	161,267
Held-to-maturity	3,643	3,655
Restricted stock	1,387	1,324
Loans held for sale	3,239	1,628
Interest receivable	2,382	2,064
BOLI	19,123	18,785
Derivatives		144
Other borrowings	10,596	10,985
Interest payable	37	46
Derivatives - IRLCs	225
Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and due from banks	38,622	29,337
Fed funds sold	42,398	153,816
Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available-for-sale Securities	191,131	161,267
Held-to-maturity	3,192	4,006
Restricted stock	1,387	1,324
Loans held for sale	3,239	1,628
Interest receivable	2,382	2,064
BOLI	19,123	18,785
Deposits	883,188	887,955
Interest payable	37	46
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans, net	576,085	565,543
Derivatives		144
Capital notes	9,228	10,712
Other borrowings	10,077	11,467
Derivatives - IRLCs	225
Carrying Amounts [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and due from banks	38,622	29,337
Fed funds sold	42,398	153,816
Available-for-sale Securities	191,131	161,267
Held-to-maturity	3,643	3,655
Restricted stock	1,387	1,324
Loans, net	614,117	576,469
Loans held for sale	3,239	1,628
Interest receivable	2,382	2,064
BOLI	19,123	18,785
Deposits	883,069	887,056
Capital notes	10,037	10,031
Other borrowings	10,596	10,985
Interest payable	37	46
Fair Values [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and due from banks	38,622	29,337
Fed funds sold	42,398	153,816
Available-for-sale Securities	191,131	161,267
Held-to-maturity	3,192	4,006
Restricted stock	1,387	1,324
Loans, net	576,085	565,543
Loans held for sale	3,239	1,628
Interest receivable	2,382	2,064
BOLI	19,123	18,785
Deposits	883,188	887,955
Capital notes	9,228	10,712
Other borrowings	10,077	11,467
Interest payable	37	46
IRLCs - Asset [Member] | Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivatives		144
IRLCs - Asset [Member] | Carrying Amounts [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivatives		144
IRLCs - Asset [Member] | Fair Values [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivatives		$ 144
IRLCs - Liability [Member] | Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivatives - IRLCs	225
IRLCs - Liability [Member] | Carrying Amounts [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivatives - IRLCs	225
IRLCs - Liability [Member] | Fair Values [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivatives - IRLCs	225
Forward Sales Commitments [Member] | Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivatives	429
Forward Sales Commitments [Member] | Carrying Amounts [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivatives	429
Forward Sales Commitments [Member] | Fair Values [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivatives	$ 429

Securities (Narrative) (Details

Securities (Narrative) (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2022 USD ($) security	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($) security	Sep. 30, 2021 USD ($)
Number Of Securities Evaluated For Other Than Temporary Impairment [Line Items]
Securities evaluated for other than temporary impairment	120		120
Proceeds from Sale of Available-for-sale Securities | $	$ 0	$ 0	$ 0	$ 0
Publicly traded domestic corporations [Member]
Number Of Securities Evaluated For Other Than Temporary Impairment [Line Items]
Securities evaluated for other than temporary impairment	10		10
US Agency Obligations [Member]
Number Of Securities Evaluated For Other Than Temporary Impairment [Line Items]
Securities evaluated for other than temporary impairment	58		58
Municipals [Member]
Number Of Securities Evaluated For Other Than Temporary Impairment [Line Items]
Securities evaluated for other than temporary impairment	52		52
Non-rated [Member]
Number Of Securities Evaluated For Other Than Temporary Impairment [Line Items]
Securities evaluated for other than temporary impairment	1		1
S&P Rated AAA [Member]
Number Of Securities Evaluated For Other Than Temporary Impairment [Line Items]
Securities evaluated for other than temporary impairment	48		48
S&P Rated AA [Member]
Number Of Securities Evaluated For Other Than Temporary Impairment [Line Items]
Securities evaluated for other than temporary impairment	64		64
S&P Rated A [Member]
Number Of Securities Evaluated For Other Than Temporary Impairment [Line Items]
Securities evaluated for other than temporary impairment	6		6
S&P Rated BBB [Member]
Number Of Securities Evaluated For Other Than Temporary Impairment [Line Items]
Securities evaluated for other than temporary impairment	1		1

Securities (Summary Of Securiti

Securities (Summary Of Securities Held-To-Maturity And Securities Available-For-Sale) (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Schedule Of Available-For-Sale Securities And Held-To-Maturity Securities [Line Items]
Held-to-maturity	$ 3,643	$ 3,655
Held-to-Maturity, Fair Value	3,192	4,006
Available-for-Sale, Amortized Cost	225,414	163,020
Available-for-Sale, Gross Unrealized Gains		1,189
Available-for-Sale, Gross Unrealized Losses	(34,283)	(2,942)
Available-for-sale, Fair Value	191,131	161,267
US Treasuries [Member]
Schedule Of Available-For-Sale Securities And Held-To-Maturity Securities [Line Items]
Available-for-Sale, Amortized Cost	4,894	2,000
Available-for-Sale, Gross Unrealized Gains		2
Available-for-Sale, Gross Unrealized Losses	(173)
Available-for-sale, Fair Value	4,721	2,002
US Agency Obligations [Member]
Schedule Of Available-For-Sale Securities And Held-To-Maturity Securities [Line Items]
Held-to-maturity	3,643	3,655
Held-to-maturity, Gross Unrealized Gains		351
Held-to-maturity, Gross Unrealized Losses	(451)
Held-to-Maturity, Fair Value	3,192	4,006
Available-for-Sale, Amortized Cost	71,713	59,144
Available-for-Sale, Gross Unrealized Gains		575
Available-for-Sale, Gross Unrealized Losses	(9,574)	(1,249)
Available-for-sale, Fair Value	62,139	58,470
Mortgage-Backed Securities [Member]
Schedule Of Available-For-Sale Securities And Held-To-Maturity Securities [Line Items]
Available-for-Sale, Amortized Cost	81,782	38,017
Available-for-Sale, Gross Unrealized Gains		75
Available-for-Sale, Gross Unrealized Losses	(11,388)	(654)
Available-for-sale, Fair Value	70,394	37,438
Municipals [Member]
Schedule Of Available-For-Sale Securities And Held-To-Maturity Securities [Line Items]
Available-for-Sale, Amortized Cost	49,984	50,806
Available-for-Sale, Gross Unrealized Gains		368
Available-for-Sale, Gross Unrealized Losses	(12,185)	(970)
Available-for-sale, Fair Value	37,799	50,204
Corporates [Member]
Schedule Of Available-For-Sale Securities And Held-To-Maturity Securities [Line Items]
Available-for-Sale, Amortized Cost	17,041	13,053
Available-for-Sale, Gross Unrealized Gains		169
Available-for-Sale, Gross Unrealized Losses	(963)	(69)
Available-for-sale, Fair Value	$ 16,078	$ 13,153

Securities (Gross Unrealized Lo

Securities (Gross Unrealized Losses And Fair Value Of The Bank’s Investments) (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Schedule of Available-for-sale Securities [Line Items]
Fair Value, Less than 12 months	$ 107,777	$ 79,871
Fair Value, More than 12 months	78,546	29,567
Fair Value, Total	186,323	109,438
Unrealized Losses, Less than 12 months	13,845	1,485
Unrealized Losses, More than 12 months	20,889	1,457
Unrealized Losses, Total	34,734	2,942
US Treasuries [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair Value, Less than 12 months	4,721
Fair Value, Total	4,721
Unrealized Losses, Less than 12 months	173
Unrealized Losses, Total	173
US Agency Obligations [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair Value, Less than 12 months, Held-to-maturity	3,192
Unrealized Losses, Less than 12 months, Held-to-maturity	451
Fair Value, Total, Held-to-maturity	3,192
Unrealized Losses, Total, Held-to-maturity	451
Fair Value, Less than 12 months	31,238	21,893
Fair Value, More than 12 months	30,901	15,233
Fair Value, Total	62,139	37,126
Unrealized Losses, Less than 12 months	3,149	379
Unrealized Losses, More than 12 months	6,425	870
Unrealized Losses, Total	9,574	1,249
Mortgage-Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair Value, Less than 12 months	48,384	28,019
Fair Value, More than 12 months	22,010	6,382
Fair Value, Total	70,394	34,401
Unrealized Losses, Less than 12 months	6,405	402
Unrealized Losses, More than 12 months	4,983	252
Unrealized Losses, Total	11,388	654
Municipals [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair Value, Less than 12 months	13,642	28,028
Fair Value, More than 12 months	24,157	7,952
Fair Value, Total	37,799	35,980
Unrealized Losses, Less than 12 months	3,226	635
Unrealized Losses, More than 12 months	8,959	335
Unrealized Losses, Total	12,185	970
Corporates [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair Value, Less than 12 months	6,600	1,931
Fair Value, More than 12 months	1,478
Fair Value, Total	8,078	1,931
Unrealized Losses, Less than 12 months	441	69
Unrealized Losses, More than 12 months	522
Unrealized Losses, Total	$ 963	$ 69

Securities (Contractual Maturit

Securities (Contractual Maturities Of Investment Securities) (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Securities [Abstract]
Available-for-Sale, Amortized Cost, Due in one year or less	$ 2,372
Available-for-Sale, Amortized Cost, Due after one year through five years	42,150
Available-for-Sale, Amortized Cost, Due after five years through ten years	76,278
Available-for-Sale, Amortized Cost, Due after ten years	104,614
Available-for-Sale, Amortized Cost	225,414	$ 163,020
Available-for-Sale, Fair Values, Due in one year or less	2,335
Available-for-Sale, Fair Values, Due after one year through five years	38,817
Available-for-Sale, Fair Values, Due after five years through ten years	65,888
Available-for-Sale, Fair Values, Due after ten years	84,091
Available-for-Sale, Fair Values	191,131	161,267
Held-to-Maturity, Amortized Cost, Due after five years through ten years	2,425
Held-to-Maturity, Amortized Cost, Due after ten years	1,218
Held-to-maturity	3,643	3,655
Held-to-Maturity, Fair Values, Due after five years through ten years	2,166
Held-to-Maturity, Fair Values, Due after ten years	1,026
Held-to-Maturity, Fair Value	$ 3,192	$ 4,006

Business Segments (Narrative) (

Business Segments (Narrative) (Details)	9 Months Ended
	Sep. 30, 2022 segment
Business Segments [Abstract]
Number of reportable segments	3

Business Segments (Schedule Of

Business Segments (Schedule Of Segment Reporting Information, By Segment) (Details) - USD ($)	3 Months Ended						9 Months Ended		12 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Segment Reporting Information [Line Items]
Net interest income	$ 7,900,000			$ 6,822,000			$ 21,414,000	$ 20,280,000
Recovery of loan losses	(300,000)						(900,000)		$ (500,000)
Net interest income after recovery of loan losses	8,200,000			6,822,000			22,314,000	20,280,000
Noninterest income	3,854,000			2,822,000			10,519,000	8,305,000
Noninterest expenses	8,879,000			7,298,000			24,119,000	21,424,000
Income before income taxes	3,175,000			2,346,000			8,714,000	7,161,000
Income tax expense	601,000			465,000			1,709,000	1,431,000
Net income	2,574,000	$ 2,292,000	$ 2,139,000	1,881,000	$ 2,014,000	$ 1,835,000	7,005,000	5,730,000
Total assets	962,570,000			942,631,000			962,570,000	942,631,000	$ 987,634,000
Community Banking [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Net interest income	7,900,000			6,822,000			21,414,000	20,280,000
Recovery of loan losses	(300,000)						(900,000)
Net interest income after recovery of loan losses	8,200,000			6,822,000			22,314,000	20,280,000
Noninterest income	1,423,000			731,000			2,909,000	2,130,000
Noninterest expenses	7,095,000			5,776,000			18,596,000	16,985,000
Income before income taxes	2,528,000			1,777,000			6,627,000	5,425,000
Income tax expense	505,000			345,000			1,310,000	1,066,000
Net income	2,023,000			1,432,000			5,317,000	4,359,000
Total assets	944,890,000			935,482,000			944,890,000	935,482,000
Mortgage [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Noninterest income	1,472,000			2,091,000			4,675,000	6,175,000
Noninterest expenses	1,280,000			1,522,000			3,889,000	4,439,000
Income before income taxes	192,000			569,000			786,000	1,736,000
Income tax expense	40,000			120,000			165,000	365,000
Net income	152,000			449,000			621,000	1,371,000
Total assets	4,081,000			$ 7,149,000			4,081,000	$ 7,149,000
Investment Advisory Services [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Noninterest income	959,000						2,935,000
Noninterest expenses	504,000						1,634,000
Income before income taxes	455,000						1,301,000
Income tax expense	56,000						234,000
Net income	399,000						1,067,000
Total assets	$ 13,599,000						$ 13,599,000

Loans, Allowance For Loan Los_2

Loans, Allowance For Loan Losses And OREO (Narrative) (Details) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2022 USD ($) contract item	Sep. 30, 2021 contract loan	Sep. 30, 2022 USD ($) contract item	Sep. 30, 2021 loan contract	Dec. 31, 2021 USD ($) contract item
Financing Receivable, Modifications [Line Items]
Other real estate owned	$ 566,000		$ 566,000		$ 761,000
Other real estate writedown			$ 195,000
Loan modifications that would have been classified as TDRs	1	0	1	0
Loan modifications classified as TDRs | contract	0	0	0	0
Outstanding commitments to disburse additional funds on TDR's | contract			0		0
Consumer mortgage loan secured by residential real estate	$ 0		$ 0		$ 0
Deferred loan costs	$ 1,156		$ 1,156		$ 372
Residential [Member]
Financing Receivable, Modifications [Line Items]
Number of real estate properties held | item	0		0		0
Number of Real Estate Properties | item	0		0		0
Covid-19 [Member]
Financing Receivable, Modifications [Line Items]
Number of loans modified | loan		191		191

Loans, Allowance For Loan Los_3

Loans, Allowance For Loan Losses And OREO (Summary Of Loans, Net) (Details) - USD ($) $ in Thousands		Sep. 30, 2022	Dec. 31, 2021
Loans and Leases Receivable Disclosure [Line Items]
Principal balance	[1]	$ 620,511	$ 583,384
Less allowance for loan losses		6,394	6,915
Net loans		614,117	576,469
Commercial [Member]
Loans and Leases Receivable Disclosure [Line Items]
Principal balance		101,225	105,067
Less allowance for loan losses		1,265	1,471
Commercial Real Estate [Member]
Loans and Leases Receivable Disclosure [Line Items]
Principal balance		357,304	338,149
Less allowance for loan losses		2,983	3,637
Consumer [Member]
Loans and Leases Receivable Disclosure [Line Items]
Principal balance		98,507	89,102
Less allowance for loan losses		829	860
Residential [Member]
Loans and Leases Receivable Disclosure [Line Items]
Principal balance		63,475	51,066
Less allowance for loan losses		$ 1,317	$ 947
[1] Includes net deferred costs of $ 1,156 and $ 372 as of September 30, 2022 and December 31, 2021, respectively.

Loans, Allowance For Loan Los_4

Loans, Allowance For Loan Losses And OREO (Loans On Non-Accrual Status) (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Financing Receivable, Recorded Investment [Line Items]
Financing Receivables on Non-Accrual Status	$ 788	$ 954
Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivables on Non-Accrual Status		25
Commercial Real Estate [Member] | Commercial Mortgages-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivables on Non-Accrual Status	502	501
Commercial Real Estate [Member] | Commercial Mortgages-Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivables on Non-Accrual Status	125	138
Consumer [Member] | Consumer Secured [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivables on Non-Accrual Status	8	127
Residential [Member] | Residential Mortgages [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivables on Non-Accrual Status	$ 153	$ 163

Loans, Allowance For Loan Los_5

Loans, Allowance For Loan Losses And OREO (Changes In OREO Balance) (Details) - USD ($) $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Loans, allowance for loan losses and OREO [Abstract]
Balance at the beginning of the year (net)	$ 761	$ 1,105	$ 1,105
Transfers from loans		111	111
Valuation adjustments	(195)
Sales proceeds			(368)
Loss on disposition	(195)	$ (66)	(87)
Balance at the end of the period (net)	$ 566		$ 761

Loans, Allowance For Loan Los_6

Loans, Allowance For Loan Losses And OREO (Impaired Loans) (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Financing Receivable, Impaired [Line Items]
With No Related Allowance Recorded: Average Recorded Investment	$ 9
Totals: Recorded Investment	3,319	$ 4,086
Totals: Unpaid Principal Balance	3,622	4,590
Totals: Average Recorded Investment	3,704	4,453
Totals: Interest Income Recognized	113	221
Commercial [Member]
Financing Receivable, Impaired [Line Items]
With No Related Allowance Recorded: Recorded Investment		17
With No Related Allowance Recorded: Unpaid Principal Balance		67
With No Related Allowance Recorded: Average Recorded Investment		179
With No Related Allowance Recorded: Interest Income Recognized		5
With An Allowance Recorded: Average Recorded Investment		2
Totals: Recorded Investment		17
Totals: Unpaid Principal Balance		67
Totals: Average Recorded Investment	9	181
Totals: Interest Income Recognized		5
Commercial [Member] | Commercial Mortgages-Owner Occupied [Member]
Financing Receivable, Impaired [Line Items]
With No Related Allowance Recorded: Recorded Investment	1,191
With No Related Allowance Recorded: Unpaid Principal Balance	1,413
With No Related Allowance Recorded: Average Recorded Investment	1,892
With No Related Allowance Recorded: Interest Income Recognized	43
Commercial [Member] | Commercial Mortgages-Non-Owner Occupied [Member]
Financing Receivable, Impaired [Line Items]
With No Related Allowance Recorded: Recorded Investment	521
With No Related Allowance Recorded: Unpaid Principal Balance	522
With No Related Allowance Recorded: Average Recorded Investment	312
With No Related Allowance Recorded: Interest Income Recognized	22
Commercial Real Estate [Member] | Commercial Mortgages-Owner Occupied [Member]
Financing Receivable, Impaired [Line Items]
With No Related Allowance Recorded: Recorded Investment		2,592
With No Related Allowance Recorded: Unpaid Principal Balance		2,971
With No Related Allowance Recorded: Average Recorded Investment		2,368
With No Related Allowance Recorded: Interest Income Recognized		154
Totals: Recorded Investment	1,191	2,592
Totals: Unpaid Principal Balance	1,413	2,971
Totals: Average Recorded Investment	1,892	2,368
Totals: Interest Income Recognized	43	154
Commercial Real Estate [Member] | Commercial Mortgages-Non-Owner Occupied [Member]
Financing Receivable, Impaired [Line Items]
With No Related Allowance Recorded: Recorded Investment		102
With No Related Allowance Recorded: Unpaid Principal Balance		102
With No Related Allowance Recorded: Average Recorded Investment		371
With No Related Allowance Recorded: Interest Income Recognized		13
Totals: Recorded Investment	521	102
Totals: Unpaid Principal Balance	522	102
Totals: Average Recorded Investment	312	371
Totals: Interest Income Recognized	22	13
Consumer [Member] | Consumer Secured [Member]
Financing Receivable, Impaired [Line Items]
With No Related Allowance Recorded: Recorded Investment	253	59
With No Related Allowance Recorded: Unpaid Principal Balance	253	60
With No Related Allowance Recorded: Average Recorded Investment	156	201
With No Related Allowance Recorded: Interest Income Recognized	8	2
Totals: Recorded Investment	253	59
Totals: Unpaid Principal Balance	253	60
Totals: Average Recorded Investment	156	201
Totals: Interest Income Recognized	8	2
Residential [Member] | Residential Mortgages [Member]
Financing Receivable, Impaired [Line Items]
With No Related Allowance Recorded: Recorded Investment	1,354	1,316
With No Related Allowance Recorded: Unpaid Principal Balance	1,434	1,390
With No Related Allowance Recorded: Average Recorded Investment	1,335	1,332
With No Related Allowance Recorded: Interest Income Recognized	40	47
Totals: Recorded Investment	1,354	1,316
Totals: Unpaid Principal Balance	1,434	1,390
Totals: Average Recorded Investment	1,335	1,332
Totals: Interest Income Recognized	$ 40	$ 47

Loans, Allowance For Loan Los_7

Loans, Allowance For Loan Losses And OREO (Allowance For Loan Losses And Recorded Investment In Loans) (Details) - USD ($) $ in Thousands		3 Months Ended	9 Months Ended	12 Months Ended
		Sep. 30, 2022	Sep. 30, 2022	Dec. 31, 2021
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for Credit Losses: Beginning Balance			$ 6,915	$ 7,156
Allowance for Credit Losses: Charge-Offs			(10)	(91)
Allowance for Credit Losses: Recoveries			389	350
Allowance for credit losses: Provision (Recovery of)		$ (300)	(900)	(500)
Allowance for Credit Losses: Ending Balance		6,394	6,394	6,915
Allowance for Credit Losses: Ending Balance: Collectively evaluated for impairment		6,394	6,394	6,915
Allowance for Credit Losses: Totals		6,394	6,394	6,915
Financing Receivables: Ending Balance: Individually evaluated for impairment		3,319	3,319	4,086
Financing Receivables: Ending Balance: Collectively evaluated for impairment		617,192	617,192	579,298
Financing Receivable, before Allowance for Credit Loss, Total	[1]	620,511	620,511	583,384
Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for Credit Losses: Beginning Balance			1,471	2,001
Allowance for Credit Losses: Charge-Offs				(53)
Allowance for Credit Losses: Recoveries			96	112
Allowance for credit losses: Provision (Recovery of)			(302)	(589)
Allowance for Credit Losses: Ending Balance		1,265	1,265	1,471
Allowance for Credit Losses: Ending Balance: Collectively evaluated for impairment		1,265	1,265	1,471
Allowance for Credit Losses: Totals		1,265	1,265	1,471
Financing Receivables: Ending Balance: Individually evaluated for impairment				17
Financing Receivables: Ending Balance: Collectively evaluated for impairment		101,225	101,225	105,050
Financing Receivable, before Allowance for Credit Loss, Total		101,225	101,225	105,067
Commercial Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for Credit Losses: Beginning Balance			3,637	3,550
Allowance for Credit Losses: Recoveries			207	72
Allowance for credit losses: Provision (Recovery of)			(861)	15
Allowance for Credit Losses: Ending Balance		2,983	2,983	3,637
Allowance for Credit Losses: Ending Balance: Collectively evaluated for impairment		2,983	2,983	3,637
Allowance for Credit Losses: Totals		2,983	2,983	3,637
Financing Receivables: Ending Balance: Individually evaluated for impairment		1,712	1,712	2,694
Financing Receivables: Ending Balance: Collectively evaluated for impairment		355,592	355,592	335,455
Financing Receivable, before Allowance for Credit Loss, Total		357,304	357,304	338,149
Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for Credit Losses: Beginning Balance			860	868
Allowance for Credit Losses: Charge-Offs			(10)	(38)
Allowance for Credit Losses: Recoveries			15	29
Allowance for credit losses: Provision (Recovery of)			(36)	1
Allowance for Credit Losses: Ending Balance		829	829	860
Allowance for Credit Losses: Ending Balance: Collectively evaluated for impairment		829	829	860
Allowance for Credit Losses: Totals		829	829	860
Financing Receivables: Ending Balance: Individually evaluated for impairment		253	253	59
Financing Receivables: Ending Balance: Collectively evaluated for impairment		98,254	98,254	89,043
Financing Receivable, before Allowance for Credit Loss, Total		98,507	98,507	89,102
Residential [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for Credit Losses: Beginning Balance			947	737
Allowance for Credit Losses: Recoveries			71	137
Allowance for credit losses: Provision (Recovery of)			299	73
Allowance for Credit Losses: Ending Balance		1,317	1,317	947
Allowance for Credit Losses: Ending Balance: Collectively evaluated for impairment		1,317	1,317	947
Allowance for Credit Losses: Totals		1,317	1,317	947
Financing Receivables: Ending Balance: Individually evaluated for impairment		1,354	1,354	1,316
Financing Receivables: Ending Balance: Collectively evaluated for impairment		62,121	62,121	49,750
Financing Receivable, before Allowance for Credit Loss, Total		$ 63,475	$ 63,475	$ 51,066
[1] Includes net deferred costs of $ 1,156 and $ 372 as of September 30, 2022 and December 31, 2021, respectively.

Loans, Allowance For Loan Los_8

Loans, Allowance For Loan Losses And OREO (Credit Quality Information-By Class) (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	$ 620,511	$ 583,384
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	603,853	553,853
Monitor [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	6,809	16,457
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	6,046	8,415
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	3,803	4,659
Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	101,225	105,067
Commercial [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	92,003	92,789
Commercial [Member] | Monitor [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	4,336	7,965
Commercial [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	4,829	4,262
Commercial [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	57	51
Commercial Real Estate [Member] | Commercial Mortgages-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	131,273	128,834
Commercial Real Estate [Member] | Commercial Mortgages-Owner Occupied [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	128,090	116,098
Commercial Real Estate [Member] | Commercial Mortgages-Owner Occupied [Member] | Monitor [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	1,973	5,986
Commercial Real Estate [Member] | Commercial Mortgages-Owner Occupied [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables		4,130
Commercial Real Estate [Member] | Commercial Mortgages-Owner Occupied [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	1,210	2,620
Commercial Real Estate [Member] | Commercial Mortgages-Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	205,681	179,113
Commercial Real Estate [Member] | Commercial Mortgages-Non-Owner Occupied [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	203,267	176,291
Commercial Real Estate [Member] | Commercial Mortgages-Non-Owner Occupied [Member] | Monitor [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	500	2,506
Commercial Real Estate [Member] | Commercial Mortgages-Non-Owner Occupied [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	1,197
Commercial Real Estate [Member] | Commercial Mortgages-Non-Owner Occupied [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	717	316
Commercial Real Estate [Member] | Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	20,350	30,202
Commercial Real Estate [Member] | Commercial Construction [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	20,350	30,202
Consumer [Member] | Consumer Unsecured [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	3,932	2,605
Consumer [Member] | Consumer Unsecured [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	3,911	2,581
Consumer [Member] | Consumer Unsecured [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	20	23
Consumer [Member] | Consumer Unsecured [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	1	1
Consumer [Member] | Consumer Secured [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	94,575	86,497
Consumer [Member] | Consumer Secured [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	94,225	86,265
Consumer [Member] | Consumer Secured [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	350	232
Residential [Member] | Residential Mortgages [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	40,579	31,925
Residential [Member] | Residential Mortgages [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	39,111	30,486
Residential [Member] | Residential Mortgages [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	1,468	1,439
Residential [Member] | Residential Consumer Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	22,896	19,141
Residential [Member] | Residential Consumer Construction [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables	$ 22,896	$ 19,141

Loans, Allowance For Loan Los_9

Loans, Allowance For Loan Losses And OREO (Age Analysis Of Past Due Financing Receivables) (Details) - USD ($) $ in Thousands		Sep. 30, 2022	Dec. 31, 2021
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance	[1]	$ 620,511	$ 583,384
30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		652	2,841
60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		56	5
Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		598	807
Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		1,306	3,653
Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		619,205	579,731
Commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		101,225	105,067
Commercial [Member] | 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance			1
Commercial [Member] | Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance			25
Commercial [Member] | Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance			26
Commercial [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		101,225	105,041
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		357,304	338,149
Commercial Real Estate [Member] | Commercial Mortgages-Owner Occupied [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		131,273	128,834
Commercial Real Estate [Member] | Commercial Mortgages-Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		205,681	179,113
Commercial Real Estate [Member] | Commercial Construction [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		20,350	30,202
Commercial Real Estate [Member] | 30 to 59 Days Past Due [Member] | Commercial Mortgages-Owner Occupied [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance			464
Commercial Real Estate [Member] | 30 to 59 Days Past Due [Member] | Commercial Mortgages-Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance			1,310
Commercial Real Estate [Member] | 60 to 89 Days Past Due [Member] | Commercial Mortgages-Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		56
Commercial Real Estate [Member] | Greater than 90 Days Past Due [Member] | Commercial Mortgages-Owner Occupied [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		502	501
Commercial Real Estate [Member] | Total Past Due [Member] | Commercial Mortgages-Owner Occupied [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		502	965
Commercial Real Estate [Member] | Total Past Due [Member] | Commercial Mortgages-Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		56	1,310
Commercial Real Estate [Member] | Current [Member] | Commercial Mortgages-Owner Occupied [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		130,771	127,869
Commercial Real Estate [Member] | Current [Member] | Commercial Mortgages-Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		205,625	177,803
Commercial Real Estate [Member] | Current [Member] | Commercial Construction [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		20,350	30,202
Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		98,507	89,102
Consumer [Member] | Consumer Unsecured [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		3,932	2,605
Consumer [Member] | Consumer Secured [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		94,575	86,497
Consumer [Member] | 30 to 59 Days Past Due [Member] | Consumer Unsecured [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance			8
Consumer [Member] | 30 to 59 Days Past Due [Member] | Consumer Secured [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		133	111
Consumer [Member] | 60 to 89 Days Past Due [Member] | Consumer Unsecured [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance			1
Consumer [Member] | 60 to 89 Days Past Due [Member] | Consumer Secured [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance			3
Consumer [Member] | Greater than 90 Days Past Due [Member] | Consumer Secured [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance			118
Consumer [Member] | Total Past Due [Member] | Consumer Unsecured [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance			9
Consumer [Member] | Total Past Due [Member] | Consumer Secured [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		133	232
Consumer [Member] | Current [Member] | Consumer Unsecured [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		3,932	2,596
Consumer [Member] | Current [Member] | Consumer Secured [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		94,442	86,265
Residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		63,475	51,066
Residential [Member] | Residential Mortgages [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		40,579	31,925
Residential [Member] | Residential Consumer Construction [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		22,896	19,141
Residential [Member] | 30 to 59 Days Past Due [Member] | Residential Mortgages [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		519	948
Residential [Member] | Greater than 90 Days Past Due [Member] | Residential Mortgages [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		96	163
Residential [Member] | Total Past Due [Member] | Residential Mortgages [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		615	1,111
Residential [Member] | Current [Member] | Residential Mortgages [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		39,964	30,814
Residential [Member] | Current [Member] | Residential Consumer Construction [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Principal balance		$ 22,896	$ 19,141
[1] Includes net deferred costs of $ 1,156 and $ 372 as of September 30, 2022 and December 31, 2021, respectively.

Capital Notes and Other Borro_2

Capital Notes and Other Borrowings (Narrative) (Details) - USD ($)				9 Months Ended
	Jul. 01, 2022	Dec. 29, 2021	Sep. 24, 2020	Sep. 30, 2022	Dec. 31, 2026	Apr. 13, 2020
Pettyjohn, Wood & White, Inc [Member]
Debt Instrument [Line Items]
Percentage of capital stock purchased				100%
National Bank of Blacksburg (NBB Note) [Member]
Debt Instrument [Line Items]
Capital notes, interest rate	3.90%	4%		4%
Capital notes, maturity date	Dec. 31, 2026			Dec. 31, 2024
Proceeds from Issuance of Debt		$ 11,000,000
Debt instrument amortization period				15 years
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid		$ 9,375,000
Percentage of common stock secured by first priority lien				4.95%
National Bank of Blacksburg (NBB Note) [Member] | Forecast [Member]
Debt Instrument [Line Items]
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid					$ 8,104,000
Capital Notes 4% Due 1/24/2022 [Member]
Debt Instrument [Line Items]
Capital notes, interest rate				4%
Proceeds used to pay off debt			$ 5,000,000
Capital Notes 3.25% Due 09/30/2025 [Member] | 2020 Offering [Member]
Debt Instrument [Line Items]
Capital notes, interest rate				3.25%
Capital notes, maturity date				Jun. 30, 2025
Principal notes						$ 10,050,000

Acquisitions (Narrative) (Detai

Acquisitions (Narrative) (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Assets acquisition consideration transferred in goodwill	$ 3,819	$ 3,001
Pettyyjohn, Wood & White, Inc. [Member]
Business Acquisition [Line Items]
Acquisition of assets under management and advisement		650,000
Acquisition of assets under consideration payment in cash		10,500
Assets acquisition consideration transferred in goodwill		3,000
Adjustment to goodwill	$ 818
Pettyyjohn, Wood & White, Inc. [Member] | Customer Relationships [Member]
Business Acquisition [Line Items]
Assets acquisition consideration transferred in amortizable intangible assets		$ 8,400
Amortizable period of intangible assets		15 years