Virginia National Bankshares (VABK) 10-Q 14 Aug 24 2024 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2024	Aug. 12, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2024
Entity Registrant Name	VIRGINIA NATIONAL BANKSHARES CORP
Entity Central Index Key	0001572334
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		5,370,912
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity File Number	001-40305
Entity Incorporation, State or Country Code	VA
Entity Tax Identification Number	46-2331578
Entity Address, Address Line One	404 People Place
Entity Address, City or Town	Charlottesville
Entity Address, State or Province	VA
Entity Address, Postal Zip Code	22911
City Area Code	434
Local Phone Number	817-8621
Entity Shell Company	false
Document Quarterly Report	true
Document Transition Report	false
Title of 12(b) Security	Common Stock
Trading Symbol	VABK
Security Exchange Name	NASDAQ

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
ASSETS
Cash and due from banks	$ 8,785	$ 18,074	[1]
Interest-bearing deposits in other banks	8,515	10,316	[1]
Securities:
Available for sale, at fair value	284,698	420,595	[1]
Restricted securities, at cost	6,667	8,385	[1]
Total securities	291,365	428,980	[1]
Notes receivable gross	1,158,214	1,092,665	[1]
Financing receivable allowance for credit losses	(8,028)	(8,395)	[1]
Notes receivable net	1,150,186	1,084,270	[1]
Premises and equipment, net	15,818	16,195	[1]
Bank owned life insurance	39,468	38,904	[1]
Goodwill	7,768	7,768	[1]
Right of use asset, net	6,287	6,748	[1]
Deferred tax asset, net	15,860	15,382	[1]
Accrued interest receivable and other assets	25,350	14,287	[1]
Total assets	1,573,820	1,646,017	[1]
Demand deposits:
Noninterest bearing	357,931	372,857	[1]
Interest bearing	257,365	305,541	[1]
Money market and savings deposit accounts	423,055	412,119	[1]
Certificates of deposit and other time deposits	335,490	318,581	[1]
Total deposits	1,373,841	1,409,098	[1]
Federal funds purchased	2,438	3,462	[1]
Borrowings	30,000	66,500	[1]
Junior subordinated debt, net	3,483	3,459	[1]
Lease liability	6,102	6,504	[1]
Accrued interest payable and other liabilities	3,792	3,954	[1]
Total liabilities	1,419,656	1,492,977	[1]
Commitments and contingent liabilities
Shareholders' equity:
Preferred stock, $2.50 par value		0	[1]
Common stock, $2.50 par value	13,256	13,258	[1]
Capital surplus	105,935	106,045	[1]
Retained earnings	77,961	73,781	[1]
Accumulated other comprehensive loss	(42,988)	(40,044)	[1]
Total shareholders' equity	154,164	153,040	[1]
Total liabilities and shareholders' equity	$ 1,573,820	$ 1,646,017	[1]
Common stock, shares outstanding	5,370,912	5,365,982	[1]
Common stock, shares authorized	10,000,000	10,000,000	[1]
Preferred stock, shares outstanding	0	0	[1]
Preferred stock, shares authorized	2,000,000	2,000,000	[1]
Core Deposit [Member]
Securities:
Intangible assets, net	$ 4,418	$ 5,093	[1]
[1] Derived from audited Consolidated Financial Statements

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Preferred stock, par value per share	$ 2.5	$ 2.5
Common stock, par value per share	$ 2.5	$ 2.5

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Interest and dividend income:
Loans, including fees	$ 16,242	$ 14,894	$ 31,903	$ 27,661
Federal funds sold	160	10	399	10
Other interest-bearing deposits	58	119	115	378
Investment securities:
Taxable	1,776	2,876	3,935	5,826
Tax exempt	327	329	653	656
Dividends	100	104	218	171
Total interest and dividend income	18,663	18,332	37,223	34,702
Interest expense:
Demand deposits	68	106	139	195
Money market and savings deposits	2,952	2,197	5,874	3,970
Certificates and other time deposits	3,982	1,776	8,032	2,424
Interest expense borrowings	388	439	874	766
Federal funds purchased	9	32	16	91
Junior subordinated debt	83	79	171	140
Total interest expense	7,482	4,629	15,106	7,586
Net interest income	11,181	13,703	22,117	27,116
Provision for (recovery of) credit losses	(338)	261	(360)	13
Net interest income after provision for (recovery of) credit losses	11,519	13,442	22,477	27,103
Noninterest income:
Wealth management fees	240	397	666	801
Deposit account fees	338	399	725	800
Debit/credit card and ATM fees	523	636	1,011	1,207
Bank owned life insurance income	289	261	564	513
Gains (losses) on sale of assets	(3)		36
Gain on early redemption of debt			379
Gain on termination of interest swap				460
Loss on sales of AFS, net			(4)	(206)
Other	304	352	492	746
Total noninterest income	1,691	2,045	3,869	4,321
Noninterest expense:
Salaries and employee benefits	3,850	4,062	8,002	8,113
Net occupancy	865	929	1,837	2,108
Equipment	167	176	338	394
Bank franchise tax	345	313	685	637
Computer software	276	203	484	405
Data processing	579	806	1,318	1,548
FDIC deposit insurance assessment	180	220	375	320
Marketing, advertising and promotion	157	275	405	650
Professional fees	190	198	442	390
Core deposit intangible amortization	332	379	675	770
Other	1,181	1,003	2,380	2,090
Total noninterest expense	8,122	8,564	16,941	17,425
Income before income taxes	5,088	6,923	9,405	13,999
Provision for income taxes	929	1,272	1,600	2,557
Net income	$ 4,159	$ 5,651	$ 7,805	$ 11,442
Net income per common share, basic	$ 0.77	$ 1.05	$ 1.45	$ 2.14
Net income per common share, diluted	$ 0.77	$ 1.05	$ 1.45	$ 2.13
Weighted average common shares outstanding, basic	5,377,055	5,357,873	5,371,972	5,348,040
Weighted average common shares outstanding, diluted	5,385,770	5,375,073	5,382,980	5,375,545

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 4,159	$ 5,651	$ 7,805	$ 11,442
Other comprehensive (loss) income:
Unrealized (losses) gains on securities, net of tax benefit of ($116) and ($783) for the three and six months ended June 30, 2024, respectively, and net of tax of ($831) and $766 for the three and six months ended June 30, 2023, respectively	(436)	(3,127)	(2,947)	2,881
Reclassification adjustment for realized gain on termination of interest rate swap, net of tax of $97 for the six months ended June 30, 2023				(363)
Reclassification adjustment for realized losses on securities, net of tax of $1 and $43 for the six months ended June 30, 2024 and 2023, respectively			3	163
Unrealized losses on interest rate swaps, net of tax benefit of ($9) for the six months ended June 30, 2023				(37)
Total other comprehensive (loss) income	(436)	(3,127)	(2,944)	2,644
Total comprehensive income	$ 3,723	$ 2,524	$ 4,861	$ 14,086

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement of Comprehensive Income [Abstract]
Change in unrealized losses on available-for-sale securities, tax benefit	$ (116)	$ (831)	$ (783)	$ 766
Reclassification adjustment for realized gain on termination of interest rate swap, net of tax				97
Reclassification adjustment for realized losses on securities, tax			$ 1	43
Unrealized losses on interest rate swaps, tax benefit				$ (9)

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) - USD ($) $ in Thousands	Total		Common Stock [Member]	Capital Surplus [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Loss [Member]
Balance at Dec. 31, 2022	$ 133,416		$ 13,214	$ 105,344	$ 63,482	$ (48,624)
Exercise of stock options	18		3	15
Stock option expense	42			42
Restricted stock grant expense	111			111
Vested restricted stock grants			21	(21)
Cash dividends declared	(1,762)				(1,762)
Impact of adoption of CECL	(1,890)				(1,890)
Net income	5,791				5,791
Other comprehensive income (loss)	5,771					5,771
Balance at Mar. 31, 2023	141,497		13,238	105,491	65,621	(42,853)
Balance at Dec. 31, 2022	133,416		13,214	105,344	63,482	(48,624)
Net income	11,442
Balance at Jun. 30, 2023	142,439		13,250	105,667	69,502	(45,980)
Balance at Mar. 31, 2023	141,497		13,238	105,491	65,621	(42,853)
Stock option expense	68			68
Restricted stock grant expense	120			120
Vested restricted stock grants			12	(12)
Cash dividends declared	(1,770)				(1,770)
Net income	5,651				5,651
Other comprehensive income (loss)	(3,127)					(3,127)
Balance at Jun. 30, 2023	142,439		13,250	105,667	69,502	(45,980)
Balance at Dec. 31, 2023	153,040	[1]	13,258	106,045	73,781	(40,044)
Stock option expense	24			24
Restricted stock grant expense	171			171
Vested restricted stock grants			21	(21)
Shares repurchased	(26)		(2)	(24)
Cash dividends declared	(1,770)				(1,770)
Net income	3,646				3,646
Other comprehensive income (loss)	(2,508)					(2,508)
Balance at Mar. 31, 2024	152,577		13,277	106,195	75,657	(42,552)
Balance at Dec. 31, 2023	153,040	[1]	13,258	106,045	73,781	(40,044)
Net income	7,805
Balance at Jun. 30, 2024	154,164		13,256	105,935	77,961	(42,988)
Balance at Mar. 31, 2024	152,577		13,277	106,195	75,657	(42,552)
Stock option expense	35			35
Restricted stock grant expense	217			217
Vested restricted stock grants			28	(28)
Shares repurchased	(533)		(49)	(484)
Cash dividends declared	(1,772)				(1,772)
Net income	4,159				4,159
Adjustment for Masonry capital distribution	(83)				(83)
Other comprehensive income (loss)	(436)					(436)
Balance at Jun. 30, 2024	$ 154,164		$ 13,256	$ 105,935	$ 77,961	$ (42,988)
[1] Derived from audited Consolidated Financial Statements

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Parenthetical) (Unaudited) - $ / shares	3 Months Ended
	Jun. 30, 2024	Mar. 31, 2024	Jun. 30, 2023	Mar. 31, 2023
Statement of Stockholders' Equity [Abstract]
Cash dividend declared, per share	$ 0.33	$ 0.33	$ 0.3	$ 0.33

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 7,805	$ 11,442
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Recovery of credit losses	(360)	13
Net accretion of certain acquisition-related adjustments	(1,139)	(4,671)
Amortization of intangible assets	675	770
Net amortization (accretion) of securities	120	(1,117)
Net losses on sale of AFS	4	206
Net gain on early redemption of debt	(379)
Net (gains) losses on sale of assets	(36)
Earnings on bank owned life insurance	(564)	(513)
Depreciation and other amortization	1,479	1,654
Stock option expense	59	110
Stock grant expense	388	231
Net change in:
Accrued interest receivable and other assets	(10,859)	344
Accrued interest payable and other liabilities	(443)	1,648
Net cash (used in) provided by operating activities	(3,250)	10,117
CASH FLOWS FROM INVESTING ACTIVITIES:
Net (increase) decrease in restricted investments	1,718	(2,301)
Purchases of available for sale securities		(10,000)
Proceeds from maturities, calls, sales and principal payments of available for sale securities	132,041	78,930
Net change in loans	(64,393)	(34,282)
Proceeds from sale of premises and equipment	104	962
Purchase of bank premises and equipment	(428)	(501)
Net cash provided by investing activities	69,042	32,808
CASH FLOWS FROM FINANCING ACTIVITIES:
Net change in demand deposits, money market and savings accounts	(52,166)	(240,112)
Net change in certificates of deposit and other time deposits	16,909	109,856
Net change in Federal funds purchased	(1,024)	20,503
Net change in other borrowings	(36,500)	59,666
Proceeds from termination of interest swap		479
Proceeds from stock options exercised		18
Repurchase of shares of stock	(559)
Cash dividends paid	(3,542)	(3,532)
Net cash used in financing activities	(76,882)	(53,122)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(11,090)	(10,197)
CASH AND CASH EQUIVALENTS:
Beginning of period	28,390	40,136
End of period	17,300	29,939
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Interest	15,127	2,705
Taxes	1,530	2,134
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES
Unrealized (losses) gains on available for sale securities	(3,727)	$ 3,852
Initial right-of-use assets obtained in exchange for new operating lease liabilities	$ 281

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2024	Mar. 31, 2024	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2024	Jun. 30, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ 4,159	$ 3,646	$ 5,651	$ 5,791	$ 7,805	$ 11,442

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Jun. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false
Rule 10b5-1 Arrangement Modified	false
Non-Rule 10b5-1 Arrangement Modified	false

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 1. Summary of Significant Accounting Policies Principles of Consolidation: The unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information. Accordingly, the unaudited consolidated financial statements do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring items) considered necessary for a fair presentation have been included. The statements should be read in conjunction with the Notes to Consolidated Financial Statements included in the Company’s Form 10-K for the year ended December 31, 2023 . Nature of Operations: The accompanying unaudited consolidated financial statements include the accounts of the Company, and its subsidiaries Virginia National Bank and Masonry Capital Management, LLC, a registered investment advisor. The Bank offers a full range of banking and related financial services to meet the needs of individuals, businesses and charitable organizations, including the fiduciary services of VNB Trust and Estate Services. Effective April 1, 2024, the Company sold the membership interests in Masonry Capital Management, LLC to an officer of the Company. Subsequent to the date of sale, the Company will receive an annual revenue-share amount for a period of six years . All significant intercompany balances and transactions have been eliminated in consolidation. Basis of Presentation: The preparation of financial statements in conformity with GAAP and the reporting guidelines prescribed by regulatory authorities requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the ACL, accounting for business combinations, including loans acquired in the business combination, ACL on individually evaluated loans, goodwill impairment, credit losses of securities, other intangible assets, and fair value measurements. Operating results for the three and six months ended June 30, 2024 are not necessarily indicative of the results that may be expected for the year ending December 31, 2024 . Reclassifications: If needed, certain previously reported amounts have been reclassified to conform to current period presentation. No such reclassifications were considered material.

Recent Significant Accounting P

Recent Significant Accounting Pronouncements	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Recent Significant Accounting Pronouncements	Note 2. Recent Significant Accounting Pronouncements Accounting Standards Adopted in 2024: In March 2023, the FASB issued ASU 2023-02, “Investments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method.” These amendments allow reporting entities to elect to account for qualifying tax equity investments using the proportional amortization method, regardless of the program giving rise to the related income tax credits. ASU 2023-02 was effective for the Company on January 1, 2024 . The adoption of ASU 2023-02 did not have a material impact on the Company's consolidated financial statements. Accounting Standards Issued but Not Yet Adopted: On March 29, 2024, the FASB issued ASU 2024-02, Codification Improvements- Amendments to Remove References to the Concepts Statements, which amends the Codification to remove references to various concepts statements and impacts a variety of topics in the Codification. The amendments apply to all reporting entities within the scope of the affected accounting guidance, but in most instances the references removed are extraneous and not required to understand or apply the guidance. Generally, the amendments in ASU 2024-02 are not intended to result in significant accounting changes for most entities. The ASU is effective January 1, 2025 and is not expected to have a significant impact on the Company’s financial statements. Recently Issued Disclosure Rules: In March 2024, the SEC adopted final rules under SEC Release No. 33-11275, “The Enhancement and Standardization of Climate-Related Disclosures for Investors”. This rule will require registrants to disclose certain climate-related information in registration statements and annual reports. The disclosure requirements will start to phase in commencing with the Company's fiscal year beginning January 1, 2026. Refer to Note 1, "Summary of Significant Accounting Policies" of the Notes to Consolidated Financial Statements included in the 2023 Annual Report on Form 10-K for a discussion of the Company's significant accounting policies. Other accounting standards that have been issued by the FASB or other standards-setting bodies are not currently expected to have a material effect on the Company's financial position, results of operations or cash flows.

Securities

Securities	6 Months Ended
	Jun. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Securities	Note 3. Securities The amortized cost and fair values of securities available for sale as of June 30, 2024 and December 31, 2023 were as follows (dollars in thousands): June 30, 2024 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains (Losses) Value U.S. Government treasuries $ 11,495 $ - $ ( 62 ) $ 11,433 U.S. Government agencies 32,055 - ( 5,518 ) 26,537 Mortgage-backed/CMOs 172,852 68 ( 26,835 ) 146,085 Corporate bonds 18,731 - ( 487 ) 18,244 Municipal bonds 103,981 5 ( 21,587 ) 82,399 Total Securities Available for Sale $ 339,114 $ 73 $ ( 54,489 ) $ 284,698 December 31, 2023 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains (Losses) Value U.S. Government treasuries $ 122,288 $ 35 $ ( 615 ) $ 121,708 U.S. Government agencies 45,131 - ( 5,550 ) 39,581 Mortgage-backed/CMOs 179,920 171 ( 24,947 ) 155,144 Corporate bonds 19,680 1 ( 552 ) 19,129 Municipal bonds 104,265 31 ( 19,263 ) 85,033 Total Securities Available for Sale $ 471,284 $ 238 $ ( 50,927 ) $ 420,595 As of June 30, 2024, there were $ 278.5 million or 274 issues of individual securities, held in an unrealized loss position. These securities have an unrealized loss of $ 54.5 million and consist of 117 mortgage-backed/collateralized mortgage obligations, 126 municipal bonds, 19 agency bonds, 2 treasury bonds and 10 corporate bonds. Accrued interest receivable on AFS securities as of June 30, 2024 amounted to $ 1.7 million. The following tables summarize all securities with unrealized losses, segregated by length of time in a continuous unrealized loss position, for which no allowance for credit losses was recorded, at June 30, 2024, and December 31, 2023 (dollars in thousands): Less than 12 Months 12 Months or More Total June 30, 2024 Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses U.S. Government treasuries $ - $ - $ 11,432 $ ( 62 ) $ 11,432 $ ( 62 ) U.S. Government agencies - - 29,208 ( 5,518 ) 29,208 ( 5,518 ) Mortgage-backed/CMOs - - 139,131 ( 26,835 ) 139,131 ( 26,835 ) Corporate bonds - - 18,244 ( 487 ) 18,244 ( 487 ) Municipal bonds 939 ( 5 ) 79,542 ( 21,582 ) 80,481 ( 21,587 ) $ 939 $ ( 5 ) $ 277,557 $ ( 54,484 ) $ 278,496 $ ( 54,489 ) Less than 12 Months 12 Months or More Total December 31, 2023 Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses U.S. Government treasuries $ - $ - $ 52,298 $ ( 615 ) $ 52,298 $ ( 615 ) U.S. Government agencies 10,090 ( 20 ) 29,490 ( 5,530 ) 39,580 ( 5,550 ) Mortgage-backed/CMOs - - 150,045 ( 24,947 ) 150,045 ( 24,947 ) Corporate bonds - - 19,129 ( 552 ) 19,129 ( 552 ) Municipal bonds - - 82,140 ( 19,263 ) 82,140 ( 19,263 ) $ 10,090 $ ( 20 ) $ 333,102 $ ( 50,907 ) $ 343,192 $ ( 50,927 ) The Company’s securities portfolio is primarily made up of fixed rate instruments, the prices of which move inversely with interest rates. Any unrealized losses are considered by management to be driven by increases in market interest rates over the yields available at the time the underlying securities were purchased. The fair value is expected to recover as the instruments approach their maturity date or repricing date or if market yields for such investments decline. At the end of any accounting period, the portfolio may have both unrealized gains and losses. Impairment of debt securities occurs when the fair value of a security is less than its amortized cost. The Company has elected to exclude accrued interest receivable from the amortized cost basis. For debt securities AFS, impairment is recognized in its entirety in net income if either, (i) we intend to sell the security; or, (ii) it is more-likely-than-not that we will be required to sell the security before recovery of its amortized cost basis. If, however, the Company does not intend to sell the security and it is not more-likely-than-not that the Company will be required to sell the security before recovery, the Company evaluates unrealized losses to determine whether a decline in fair value below amortized cost basis is a result of a credit loss, which occurs when the amortized cost basis of the security exceeds the present value of the cash flows expected to be collected from the security, or other factors such as changes in market interest rates. If a credit loss exists, an ACL is recorded that reflects the amount of the impairment related to credit losses, limited by the amount by which the security’s amortized cost basis exceeds its fair value. Changes in the ACL are recorded in net income in the period of change and are included in the provision for credit losses. Changes in the fair value of debt securities AFS not resulting from credit losses are recorded in other comprehensive income (loss). The Company regularly reviews unrealized losses in its investments in securities and cash flows expected to be collected from impaired securities based on criteria including the extent to which market value is below amortized cost, the financial health of and specific prospects for the issuer, the Company’s intention with regard to holding the security to maturity and the likelihood that the Company would be required to sell the security before recovery. Management does not believe any of the securities in an unrealized loss position are impaired due to credit quality. In addition, issuers have continued to make timely payments of principal and interest. Accordingly, as of June 30, 2024, management believes the impairments detailed in the table above are temporary, and no credit loss has been realized in the Company’s consolidated statements of income. Additionally, management has the ability to hold any security with an unrealized loss until maturity or until such time as the value of the security has recovered from its unrealized loss position. Securities pledged as collateral to secure public deposits and to facilitate borrowing from the FRB had carrying values of $ 21.6 million and $ 21.8 million at June 30, 2024 and December 31, 2023, respectively. During the six months ended June 30, 2024 and 2023, the Company sold AFS securities with a total book value of $ 39.6 million, incurring a pre-tax loss of $ 4 thousand, and AFS securities with a book value of $ 49.9 million incurring a loss of $ 206 thousand, respectively. Each of these sales was executed as the result of a strategic decision to reinvest proceeds into higher yielding assets. Restricted securities are securities with limited marketability and consist of stock in the FRB, the Federal Home Loan Bank of Atlanta, CBB Financial Corporation (the holding company for Community Bankers' Bank) and an investment in an SBA loan fund. These restricted securities, totaling $ 6.7 million and $ 8.4 million as of June 30, 2024 and December 31, 2023, respectively, are carried at cost. The amortized cost and fair value of AFS debt securities at June 30, 2024 are presented below based upon contractual maturities, by major investment categories (dollars in thousands). Expected maturities may differ from contractual maturities because issuers have the right to call or prepay obligations. Amortized Cost Fair Value U.S. Government treasuries One year or less $ 11,495 $ 11,433 After one year to five years - - $ 11,495 $ 11,433 U.S. Government agencies One year or less $ — $ — After one year to five years 10,133 8,878 After five years to ten years 17,922 14,715 Ten years or more 4,000 2,944 $ 32,055 $ 26,537 Mortgage-backed/CMOs One year or less $ 1,791 $ 1,773 After one year to five years 3,275 3,115 After five years to ten years 5,891 5,341 Ten years or more 161,895 135,856 $ 172,852 $ 146,085 Corporate bonds One year or less $ 4,953 $ 4,871 After one year to five years 13,778 13,373 $ 18,731 $ 18,244 Municipal bonds One year or less $ 610 $ 600 After one year to five years 3,202 3,093 After five years to ten years 22,892 20,791 Ten years or more 77,277 57,915 $ 103,981 $ 82,399 Total Debt Securities Available for Sale $ 339,114 $ 284,698

Loans

Loans	6 Months Ended
	Jun. 30, 2024
Loans and Leases Receivable Disclosure [Abstract]
Loans	Note 4. Loans The composition of the loan portfolio by major loan classifications at June 30, 2024 and December 31, 2023 , stated at their face amount, net of deferred fees and costs and discounts, including fair value marks, appears below (dollars in thousands). The Company has elected to exclude accrued interest receivable, totaling $ 4.9 million as of June 30, 2024, from the amortized cost basis of loans. June 30, December 31, 2024 2023 Commercial $ 222,677 $ 152,517 Real estate construction and land 36,908 33,682 1-4 family residential mortgages 307,055 317,558 Commercial mortgages 553,455 550,867 Consumer 38,119 38,041 Total loans 1,158,214 1,092,665 Less: Allowance for credit losses ( 8,028 ) ( 8,395 ) Net loans $ 1,150,186 $ 1,084,270 The balances in the table above include unamortized premiums and net deferred loan costs and fees. As of June 30, 2024 and December 31, 2023, unamortized premiums from purchases of loans (excluding loans acquired during the Merger) were $ 8.7 million , and $ 4.6 million, respectively, due primarily to purchases of government-guaranteed loans. Net deferred loan costs and fees totaled $ 2.5 million as of June 30, 2024 and December 31, 2023. Consumer loans inclu de $ 261 thousand and $ 252 thousand of demand deposit overdrafts as of June 30, 2024 and December 31, 2023, respectively. Loans acquired in business combinations are recorded in the consolidated balance sheets at fair value at the acquisition date under the acquisition method of accounting. The fair value mark as of the Effective Date w as $ 23.1 million. The table above includes a remaining net fair value mark of $ 8.2 million as of June 30, 2024 on the Acquired Loans. The following table shows the aging of the Company's loan portfolio, by class, at June 30, 2024 (dollars in thousands): 30-59 Days 60-89 Days 90 Days or More Past Due and Still Accruing Nonaccrual Loans Current Loans Total Loans Commercial $ 2,582 $ 23 $ 1,533 $ - $ 218,539 $ 222,677 Real estate construction and land - - - - 36,908 36,908 1-4 family residential mortgages 868 433 - 2,008 303,746 307,055 Commercial mortgages - - - 357 553,098 553,455 Consumer loans 146 121 63 - 37,789 38,119 Notes Receivable Gross $ 3,596 $ 577 $ 1,596 $ 2,365 $ 1,150,080 $ 1,158,214 The following table shows the aging of the Company's loan portfolio, by class, at December 31, 2023 (dollars in thousands): 30-59 Days 60-89 Days 90 Days or More Nonaccrual Loans Current Loans Total Loans Commercial $ 378 $ 369 $ 782 $ - $ 150,988 $ 152,517 Real estate construction and land 70 37 - - 33,575 33,682 1-4 family residential mortgages 1,834 860 - 1,438 313,426 317,558 Commercial mortgages 6,304 - - 414 544,149 550,867 Consumer loans 225 141 97 - 37,578 38,041 Notes Receivable Gross $ 8,811 $ 1,407 $ 879 $ 1,852 $ 1,079,716 $ 1,092,665 The following table shows the Company's amortized cost basis of loans on nonaccrual status as of June 30, 2024 (dollars in thousands). All nonaccrual loans are evaluated for an ACL on an individual basis. As of June 30, 2024 , no nonaccrual loans required an ACL, and as of December 31, 2023, only one nonaccrual loan required an ACL, in the amount of $ 4 thousand, due to collateral value shortfall. June 30, 2024 Nonaccrual Loans with No Allowance Nonaccrual Loans with an Allowance Total Nonaccrual Loans Commercial $ - $ - $ - Real estate construction and land - - - 1-4 family residential mortgages 2,008 - 2,008 Commercial mortgages 357 357 Consumer - - - Notes Receivable Gross $ 2,365 $ - $ 2,365 The following table shows the Company's amortized cost basis of loans on nonaccrual status as of December 31, 2023 (dollars in thousands). December 31, 2023 Nonaccrual Loans with No Allowance Nonaccrual Loans with an Allowance Total Nonaccrual Loans Commercial $ - $ - $ - Real estate construction and land - - - 1-4 family residential mortgages 1,383 55 1,438 Commercial mortgages 414 414 Consumer - - - Notes Receivable Gross $ 1,797 $ 55 $ 1,852 Troubled loan modifications From time to time, the Company modifies loans to borrowers who are experiencing financial difficulties by providing term extensions, interest rate reductions or other-than-insignificant payment delays. As the effect of most modifications is already included in the ACL due to the measurement methodologies used in its estimate, the ACL is typically not adjusted upon modification. During the first quarter of 2024, one 1-4 family residential mortgage loan was modified for a borrower experiencing financial difficulties, in the amount of $ 703 thousand and representing 0.002 % of this loan segment, by extending the interest-only term and maintaining the original interest rate. During the three months ended June 30, 2024 and the three and six months ended June 30, 2023 , no loans were modified. The Company closely monitors the performance of all modified loans to understand the effectiveness of its modification efforts. Upon determination, if applicable, that all or a portion of a modified loan is uncollectible, that amount is charged against the ACL. There were no payment defaults during the three and six months ended June 30, 2024 or 2023 of modified loans that were modified during the previous twelve months. All modified loans are current as of June 30, 2024 and June 30, 2023.

Allowance for Credit Losses

Allowance for Credit Losses	6 Months Ended
	Jun. 30, 2024
Allowance For Loan Losses [Abstract]
Allowance for Credit Losses	Note 5. Allowance for Credit Losses The ACL on the loan portfolio is a material estimate for the Company. The Company estimates is ACL on its loan portfolio on a quarterly basis. The Company utilizes two methodologies in its development of the ACL, discounted cash flow and remaining life. • Discounted Cash Flow o DCF models, being periodic in nature, allow for effective incorporation of a reasonable and supportable forecast in a directionally consistent and objective manner. o The analysis aligns well with other calculations/actions outside the ACL estimation, which will mitigate model risk in other areas and allow for symmetrical application. For example, fair value (exit price notion), profitability analysis, IRR calculations, ALM, stress testing, and other forms of cash flow analysis. o Peer data is available for certain inputs (Probability of Default, Loss Given Default) if first-party data is not available or meaningful. This is made possible by the periodic nature of the model. o The DCF methodology is utilized on the following pools: 1) Commercial & Industrial; 2) Construction; 3) Consumer; 4) CRE NonOwner Occupied; 5) CRE Owner Occupied; 6) HELOC & Junior Lien; 7) Residential 1st Lien; and 8) Multifamily. • Remaining Life o This methodology leverages a quarterly loss rate as well as future expectations of portfolio balances to calculate a reserve. o There are two main strengths of this methodology. First, it is fairly easy to execute and does not rely on large quantities of historical loan-level data. Second, it can satisfy the need to incorporate a reasonable and supportable forecast in a straightforward manner by either applying a forecast policy of “applicable history” or leveraging an actual econometric model for the analysis. o The remaining life methodology is utilized on the following pools: 1) Minute Lender; and 2) Student Loans. Maximum Loss Rate - Management utilizes the same model to calculate maximum loss rates and expected loss rates for each segment. No additional models or methodologies were used to quantify the maximum loss rate, rather, a worst-case economic environment is utilized in the models. This process ensures symmetry between the maximum loss rate and the quantified loss rate. This process also leverages the well-documented regression models used in model development. The process for deriving the maximum loss rate is outlined below: • The economic forecast reflects the worst economic environment observed for each economic factor. This is done by quantifying a rolling 1-year average for each economic factor. Then, the most pessimistic 1-year average observations are captured and utilized as economic forecast inputs within the application. • The economic forecast assumed is a ‘worst-case’ economic environment with inputs reflective of the great recession. • The economic forecast is used to quantify credit risk in the form of Loss Rate. The resulting periodic default and loss rates are applied to the prepayment adjusted amortization schedules for each segment. • The resulting ACL, which represents a lifetime reserve (symmetrical to the base model), is input into the qualitative framework’s maximum loss rate field. The difference between the expected model and the maximum model results are then allocated based on weight and risk assignment. Qualitative Factors - ASC 326 requires an entity to adjust historical loss information to reflect the extent to which management expects reasonable and supportable forecasts to differ from the conditions that existed for the period over which historical information was evaluated. The adjustments for reasonable and supportable forecasts may be qualitative in nature and should reflect changes related to relevant data. The Company utilizes a scorecard approach to assign qualitative factors. The scorecard approach is in alignment with the AICPA audit considerations for CECL which states: These adjustments should be grounded in a methodology that is subject to appropriate governance, challenge, and periodic controlled reevaluation. Such methodology will generally require significant management judgment. The information used to support management’s adjustments may be publicly available information, information specifically developed for the entity via management’s specialist (internal or external), or other relevant and reliable information. The purpose of the qualitative scorecard is to provide a qualitative estimate of the expected credit losses of the current loan portfolio in response to potential limitations of the quantitative model. It is used to aid in the assessment of the unquantifiable factors affecting expected credit losses in the loan portfolio. Benefits of the scorecard include directional consistency, objectivity, controls and quantification framework (auditable). For each segment, the scorecard calculates the difference between the quantitative expected credit loss and the maximum loss rate. This difference represents all available qualitative adjustment that can be applied to that segment. Individual Evaluation - In accordance with ASC 326, the Company will evaluate individual loans for expected credit losses when those loans do not share similar risk characteristics with loans evaluated using a collective (pooled) basis. Loans will not be included in both collective and individual analysis. Individual analysis will establish a specific reserve for each loan, using one of four methods: 1) Fair Value of Collateral Method (Collateral Relationship); 2) Cash Flow Method; 3) Advanced Cash Flow Method; or 4) Loan Pricing Method. Management has elected to perform an individual evaluation on all loans in nonaccrual status. As of June 30, 2024, after reviewing each loan in nonaccrual status, no specific reserve was deemed necessary. As of December 31, 2023 , a specific reserve of $ 4 thousand was established. The primary driver in the change in reserves from December 31, 2023 to June 30, 2024 was the proportional increase in government-guaranteed loans which do not require an ACL. Balances in government-guaranteed loans have increased $ 74.6 million from December 31, 2023 to June 30, 2024 and have increased $ 130.2 million year-over-year. Such loans are 100 % government-guaranteed and do not require an ACL. The following table shows the ACL activity by loan portfolio for the six months ended June 30, 2024 (dollars in thousands): Commercial Real Estate 1-4 Family Residential Mortgages Commercial Mortgages Consumer Total Allowance for Credit Losses: Balance as of December 31, 2023 $ 193 $ 462 $ 1,492 $ 5,261 $ 987 $ 8,395 Charge-offs - - - - ( 184 ) ( 184 ) Recoveries 13 - 4 1 49 67 Provision for (recovery of) credit ( 30 ) ( 51 ) ( 9 ) 30 71 11 Balance as of March 31, 2024 $ 176 $ 411 $ 1,487 $ 5,292 $ 923 $ 8,289 Charge-offs ( 104 ) - - - ( 71 ) ( 175 ) Recoveries 382 - 3 1 47 433 Provision for (recovery of) credit losses 201 275 664 ( 1,748 ) 89 ( 519 ) Balance as of June 30, 2024 $ 655 $ 686 $ 2,154 $ 3,545 $ 988 $ 8,028 The following table shows the ACL activity by loan portfolio at December 31, 2023 (dollars in thousands): Commercial Real Estate 1-4 Family Residential Mortgages Real Estate Consumer Total Allowance for Credit Losses: Balance as of beginning of year, January 1, 2023 $ 194 $ 221 $ 1,618 $ 2,820 $ 699 $ 5,552 Impact of ASC 326 adoption ( 11 ) 440 14 1,577 471 2,491 Charge-offs - - - - ( 721 ) ( 721 ) Recoveries 168 - 10 42 157 377 Provision for (recovery of) credit losses ( 158 ) ( 199 ) ( 150 ) 822 381 696 Ending Balance, December 31, 2023 $ 193 $ 462 $ 1,492 $ 5,261 $ 987 $ 8,395 The following table presents a breakdown of the provision (recovery) for credit losses for the periods indicated (dollars in thousands): Three Months Ended Six Months Ended June 30, 2024 June 30, 2023 June 30, 2024 June 30, 2023 Provision for credit losses: Provision for (recovery of) loan losses $ ( 519 ) $ 216 $ ( 508 ) $ ( 19 ) Provision for unfunded commitments 181 45 148 32 Total $ ( 338 ) $ 261 $ ( 360 ) $ 13 The following table presents the Company's amortized cost basis of collateral dependent loans, which are individually evaluated to determine expected credit losses, and the related ACL allocated to those loans as of the periods indicated (dollars in thousands): June 30, 2024 December 31, 2023 Real Estate Secured Loans Allowance for Credit Losses - Loans Real Estate Secured Loans Allowance for Credit Losses - Loans Commercial real estate - non owner occupied $ 357 $ - $ 414 $ - Residential 1-4 family real estate 2,008 - 1,438 4 Total $ 2,365 $ - $ 1,852 $ 4 The following table presents the Company's recorded investment in loans by credit quality indicators by year of origination as of June 30, 2024 (dollars in thousands). Current period gross write-off amounts represent write-offs for the six months ended June 30, 2024 (dollars in thousands): June 30, 2024 Term Loans Amortized Cost Basis by Origination Year 2024 2023 2022 2021 2020 Prior Revolving Loans Loans Converted to Term Total Commercial Pass $ 57,370 $ 105,537 $ 12,044 $ 2,127 $ 3,938 $ 24,338 $ 16,913 $ - $ 222,267 Watch - - 37 - - - - - 37 Special Mention - - - - - 79 - 8 87 Substandard - - 84 - 26 176 - - 286 Total commercial $ 57,370 $ 105,537 $ 12,165 $ 2,127 $ 3,964 $ 24,593 $ 16,913 $ 8 $ 222,677 Current period gross write-off $ - $ - $ 1 $ - $ 103 $ - $ - $ - $ 104 . Real estate construction and land Pass $ 1,746 $ 13,831 $ 12,482 $ 2,605 $ 1,667 $ 1,883 $ - $ - $ 34,214 Watch - 1,043 - - - 273 - - 1,316 Special Mention - - - - - - - - - Substandard - 1,335 - - - 43 - - 1,378 Total real estate construction and land $ 1,746 $ 16,209 $ 12,482 $ 2,605 $ 1,667 $ 2,199 $ - $ - $ 36,908 Current period gross write-off $ - $ - $ - $ - $ - $ - $ - $ - $ - . 1-4 family residential mortgages Pass $ 6,262 $ 16,704 $ 13,032 $ 54,357 $ 73,140 $ 102,513 $ 18,261 $ 300 $ 284,569 Watch - 1,839 1,400 1,852 596 8,433 658 404 15,182 Special Mention - - 1,072 - - 1,571 - 60 2,703 Substandard - - - 810 1,302 1,992 396 101 4,601 Total 1-4 family residential mortgage $ 6,262 $ 18,543 $ 15,504 $ 57,019 $ 75,038 $ 114,509 $ 19,315 $ 865 $ 307,055 Current period gross write-off $ - $ - $ - $ - $ - $ - $ - $ - $ - . Commercial mortgages Pass $ 28,060 $ 104,821 $ 39,316 $ 45,285 $ 88,199 $ 207,911 $ 1,134 $ - $ 514,726 Watch - 1,792 1,059 1,180 6,349 11,133 - - 21,513 Special Mention - - - 520 263 7,435 - - 8,218 Substandard - - - 1,787 4,605 2,606 - - 8,998 Total commercial mortgages $ 28,060 $ 106,613 $ 40,375 $ 48,772 $ 99,416 $ 229,085 $ 1,134 $ - $ 553,455 Current period gross write-off $ - $ - $ - $ - $ - $ - $ - $ - $ - Consumer Pass $ 129 $ 1,129 $ 174 $ 317 $ 211 $ 20,872 $ 14,931 $ - $ 37,763 Watch - - - 7 - 147 - - 154 Special Mention - - - - - 124 1 - 125 Substandard 12 1 - - - 63 1 - 77 Total consumer $ 141 $ 1,130 $ 174 $ 324 $ 211 $ 21,206 $ 14,933 $ - $ 38,119 Current period gross write-off $ - $ - $ - $ - $ 4 $ 251 $ - $ - $ 255 The following table presents the Company's recorded investment in loans by credit quality indicators by year of origination as of December 31, 2023 (dollars in thousands). December 31, 2023 Term Loans Amortized Cost Basis by Origination Year (Dollars in thousands) 2023 2022 2021 2020 2019 Prior Revolving Loans Loans Converted to Term Total Commercial Pass $ 85,529 $ 12,344 $ 2,712 $ 4,989 $ 7,121 $ 16,873 $ 21,806 $ 112 $ 151,486 Watch - 41 - - - - - - 41 Special Mention - - - - - 79 8 - 87 Substandard - 97 1 135 53 212 50 355 903 Total commercial $ 85,529 $ 12,482 $ 2,713 $ 5,124 $ 7,174 $ 17,164 $ 21,864 $ 467 $ 152,517 Current period gross write-off $ - $ - $ - $ - $ - $ - $ - $ - $ - Real estate construction and land Pass $ 12,425 $ 11,748 $ 3,683 $ 1,717 $ 955 $ 1,293 $ 129 $ - $ 31,950 Watch - - - - - 299 - - 299 Special Mention - - - - - 37 - - 37 Substandard 1,351 - - - - 45 - - 1,396 Total real estate construction and land $ 13,776 $ 11,748 $ 3,683 $ 1,717 $ 955 $ 1,674 $ 129 $ - $ 33,682 Current period gross write-off $ - $ - $ - $ - $ - $ - $ - $ - $ - 1-4 family residential mortgages Pass $ 19,482 $ 14,712 $ 54,066 $ 74,539 $ 24,999 $ 85,836 $ 20,571 $ 524 $ 294,729 Watch - 1,621 1,874 602 - 7,149 1,166 - 12,412 Special Mention - 1,089 1,458 1,958 270 1,591 78 138 6,582 Substandard - - 55 1,194 97 2,094 395 - 3,835 Total 1-4 family residential mortgage $ 19,482 $ 17,422 $ 57,453 $ 78,293 $ 25,366 $ 96,670 $ 22,210 $ 662 $ 317,558 Current period gross write-off $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial mortgages Pass $ 112,093 $ 41,433 $ 46,315 $ 101,205 $ 45,809 $ 171,184 $ 1,502 $ 76 $ 519,617 Watch - - 1,196 166 165 14,188 - - 15,715 Special Mention - - 391 278 - 4,130 - - 4,799 Substandard 150 - 1,824 3,032 - 5,730 - - 10,736 Total commercial mortgages $ 112,243 $ 41,433 $ 49,726 $ 104,681 $ 45,974 $ 195,232 $ 1,502 $ 76 $ 550,867 Current period gross write-off $ - $ - $ - $ - $ - $ - $ - $ - $ - Consumer Pass $ 1,149 $ 193 $ 420 $ 273 $ 107 $ 20,836 $ 14,710 $ - $ 37,688 Watch - - 7 - 9 190 - - 206 Special Mention - - - - - 132 1 5 138 Substandard 1 - - - 8 - - - 9 Total consumer $ 1,150 $ 193 $ 427 $ 273 $ 124 $ 21,158 $ 14,711 $ 5 $ 38,041 Current period gross write-off $ - $ - $ 19 $ 16 $ 28 $ 654 $ 4 $ - $ 721 Credit Quality Indicators The Company utilizes the following credit quality indicators: Pass Loans with the following risk ratings are pooled by class and considered together as “Pass”: Excellent – minimal risk loans secured by cash or fully guaranteed by a U.S. government agency Good – low risk loans secured by marketable collateral within margin Satisfactory – modest risk loans where the borrower has strong and liquid financial statements and more than adequate cash flow Average – average risk loans where the borrower has reasonable debt service capacity Marginal – acceptable risk loans where the borrower has acceptable financial statements but is leveraged Watch These loans have an acceptable risk but require more attention than normal servicing. Special Mention These potential problem loans are currently protected but are potentially weak. Substandard These problem loans are inadequately protected by the sound worth and paying capacity of the borrower and/or the value of any collateral pledged. If such loans are not accruing interest, they would be evaluated on an individual basis. Doubtful Loans with this rating have significant deterioration in the sound worth and paying capacity of the borrower and/or the value of any collateral pledged, making collection or liquidation of the loan in full highly questionable. These loans would be considered impaired and evaluated on an individual basis.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	6 Months Ended
	Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Note 6. Goodwill and Other Intangible Assets The carrying amount of goodwill was $ 7.8 million at June 30, 2024, December 31, 2023 and June 30, 2023, resulting from the Merger. The Company had $ 4.4 million , $ 5.1 million and $ 5.8 million of other intangible assets as of June 30, 2024, December 31, 2023 and June 30, 2023 , respectively. Other intangible assets were recognized in connection with the core deposits acquired from Fauquier in 2021. The following table summarizes the gross carrying amounts and accumulated amortization of other intangible assets (dollars in thousands): June 30, 2024 December 31, 2023 June 30, 2023 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Amortized intangible assets: Core deposit intangible $ 9,660 $ ( 5,242 ) $ 9,660 $ ( 4,567 ) $ 9,660 $ ( 3,465 ) Amortization expense was $ 332 thousand and $ 379 thousand for the three months ended June 30, 2024 and 2023, respectively, and $ 675 thousand and $ 770 thousand for the six months ended June 30, 2024 and 2023, respectively. Estimated future amortization expense as of June 30, 2024 is as follows (dollars in thousands): Core Deposit Intangible For the six months ending December 31, 2024 $ 627 For the year ending December 31, 2025 1,110 For the year ending December 31, 2026 918 For the year ending December 31, 2027 726 For the year ending December 31, 2028 535 Thereafter 502 Total $ 4,418

Leases

Leases	6 Months Ended
	Jun. 30, 2024
Leases [Abstract]
Leases	Note 7. Leases Lease liabilities represent the Company’s obligation to make lease payments and are presented at each reporting date as the net present value of the remaining contractual cash flows. Cash flows are discounted at the Company’s incremental borrowing rate in effect at the commencement date of the lease for a term similar to the length of the lease, including any probable renewal options available. Right-of-use assets represent the Company’s right to use the underlying asset for the lease term and are calculated as the sum of the lease liability and if applicable, prepaid rent, initial direct costs and any incentives received from the lessor. Lease payments for short-term leases are recognized as lease expense on a straight-line basis over the lease term. Payments for leases with terms longer than twelve months are included in the determination of the lease liability. Each of the Company’s long-term lease agreements is classified as an operating lease. Certain of these leases offer the option to extend the lease term and the Company has included such extensions in its calculation of the lease liabilities to the extent the options are reasonably assured of being exercised. The lease agreements do not provide for residual value guarantees and have no restrictions or covenants that would impact dividends or require incurring additional financial obligations. The following tables present information about the Company’s leases (dollars in thousands): June 30, 2024 December 31, 2023 Lease liability $ 6,102 $ 6,504 Right-of-use asset $ 6,287 $ 6,748 Weighted average remaining lease term 4.87 years 4.71 years Weighted average discount rate 2.71 % 2.28 % Three Months Ended June 30, Six Months Ended June 30, Lease Expense: 2024 2023 2024 2023 Operating lease cost $ 412 $ 395 $ 841 $ 906 Short-term lease expense 18 81 30 204 Total lease expense $ 430 $ 476 $ 871 $ 1,110 Cash paid for amounts included in $ 395 $ 336 $ 783 $ 848 A maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total of operating lease liabilities is as follows (dollars in thousands): Undiscounted Cash Flow June 30, 2024 Six months ending December 31, 2024 $ 799 Twelve months ending December 31, 2025 1,497 Twelve months ending December 31, 2026 1,158 Twelve months ending December 31, 2027 1,063 Twelve months ending December 31, 2028 942 Thereafter 1,195 Total undiscounted cash flows $ 6,654 Less: Discount ( 552 ) Lease liability $ 6,102

Net Income Per Share

Net Income Per Share	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
Net Income Per Share	Note 8. Net Income Per Share The table below shows the weighted average number of shares used in computing net income per common share and the effect of the weighted average number of shares of potential dilutive common stock for the three and six months ended June 30, 2024 and 2023. Diluted net income per share is computed based on the weighted average number of shares of common stock equivalents outstanding, to the extent dilutive. The Company’s common stock equivalents relate to outstanding common stock options. The recipients of unvested restricted shares have full voting and dividend rights, and as such, unvested restricted stock as of June 30, 2024 and June 30, 2023 is included in the calculation of basic and diluted net income per share (dollars below reported in thousands except per share data). Three Months Ended June 30, 2024 June 30, 2023 Net Weighted Per Net Weighted Per Basic net income per share $ 4,159 5,377,055 $ 0.77 $ 5,651 5,357,873 $ 1.05 Effect of dilutive stock options - 8,715 - - 17,200 - Diluted net income per share $ 4,159 5,385,770 $ 0.77 $ 5,651 5,375,073 $ 1.05 Six Months Ended June 30, 2024 June 30, 2023 Net Weighted Per Net Weighted Per Basic net income per share $ 7,805 5,371,972 $ 1.45 $ 11,442 5,348,040 $ 2.14 Effect of dilutive stock options - 11,008 - - 27,505 ( 0.01 ) Diluted net income per share $ 7,805 $ 5,382,980 $ 1.45 $ 11,442 5,375,545 $ 2.13 For the three and six months ended June 30, 2024, there were 149,001 opti on shares considered anti-dilutive and excluded from this calculation. For the three and six months ended June 30, 2023, there were 105,501 o ption shares considered anti-dilutive and excluded from this calculation.

Stock Incentive Plans

Stock Incentive Plans	6 Months Ended
	Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]
Stock Incentive Plans	Note 9. Stock Incentive Plans At the Annual Shareholders Meeting on June 23, 2022, shareholders approved the Virginia National Bankshares Corporation 2022 Stock Incentive Plan. The 2022 Plan made available up to 150,000 shares of the Company’s common stock to be issued to plan participants. The 2022 Plan provides for granting of both incentive and nonqualified stock options, as well as restricted stock, unrestricted stock and other stock based awards. No new grants can be issued under the 2014 Stock Incentive Plan or the 2005 Stock Incentive Plan as those plans have expired. For the 2022 Plan, the option price for any stock options cannot be less than the fair value of the Company’s stock on the grant date. In addition, 95 % of the common stock authorized for issuance must have a vesting or exercise schedule of at least one year. For the 2014 Plan and the 2005 Plan, the option price of incentive stock options cannot be less than the fair value of the stock at the time an option is granted and nonqualified stock options may be granted at prices established by the Board of Directors, including prices less than the fair value on the date of grant. Outstanding stock options generally expire ten years from the grant date. Stock options generally vest by the fourth or fifth anniversary of the date of the grant. A summary of the shares issued and available under each of the Plans is shown below as of June 30, 2024 . Share data and exercise price range per share have been adjusted to reflect prior issued stock dividends. Although the 2014 Plan and the 2005 Plan have expired and no new grants will be issued under those plans, there were options issued before the plans expired that are still outstanding as shown below. 2022 Plan 2014 Plan 2005 Plan Aggregate shares issuable 150,000 275,625 253,575 Options issued, net of forfeited and expired ( 44,700 ) ( 174,006 ) ( 59,870 ) Unrestricted stock issued - ( 11,635 ) - Restricted stock grants issued, net of forfeited ( 44,212 ) ( 83,653 ) - Cancelled due to Plan expiration - ( 6,331 ) ( 193,705 ) Remaining available for grant 61,088 - - Stock grants issued and outstanding: Total vested and unvested shares 44,212 95,888 - Fully vested shares 4,733 67,054 - Option grants issued and outstanding: Total vested and unvested shares 44,700 169,301 - Fully vested shares - 129,220 - Exercise price range $ 28.82 to $ 33.20 $ 23.75 to $ 42.62 $ - The Company accounts for all of its stock incentive plans under recognition and measurement accounting principles which require that the compensation cost relating to stock-based payment transactions be recognized in the financial statements. Stock-based compensation arrangements include stock options and restricted stock. All stock-based payments to employees are required to be valued at a fair value on the date of grant and expensed based on that fair value over the applicable vesting period. Stock Options Changes in the stock options outstanding related to the Plans are summarized below (dollars in thousands except per share data): June 30, 2024 Number of Options Weighted Aggregate Outstanding at January 1, 2024 174,201 $ 33.94 $ - Issued 41,300 $ 28.98 - Exercised — $ — Forfeited ( 1,500 ) $ 35.35 - Expired - $ - Outstanding at June 30, 2024 214,001 $ 32.97 $ 709 Options exercisable at June 30, 2024 129,220 $ 35.48 $ 350 For the three months ended June 30, 2024 and 2023 , the Company recognized $ 35 thousand and $ 68 thousand, respectively, in compensation expense for stock options. For the six months ended June 30, 2024 and 2023, the Company recognized $ 58 thousand and $ 110 thousand, respectively, in compensation expense for stock options. As of June 30, 2024, there wa s $ 382 thousand in unr e cognized compensation expense remaining to be recognized in future reporting periods through 2028 . The fair value of any stock option grant is estimated at the grant date using the Black-Scholes pricing model. There were stock options grants of 32,900 issued during the three months ended June 30, 2024 , and 8,400 issued in the first quarter of 2024. There were stock option grants of 3,600 issued during the three months ended June 30, 2023, and none granted during the first quarter of 2023. Summary information pertaining to options outstanding at June 30, 2024 is shown below. Share and per share data have been adjusted to reflect the prior stock dividends issued. Options Outstanding Options Exercisable Exercise Price Number of Weighted- Weighted- Number of Weighted- $ 20.01 to $ 30.00 101,300 7.4 Years $ 25.85 43,800 $ 24.82 $ 30.01 to $ 40.00 55,220 6.9 Years 36.00 27,940 37.51 $ 40.01 to $ 42.62 57,481 3.9 Years 42.62 57,480 42.62 Total 214,001 6.3 Years $ 32.97 129,220 $ 35.48 Stock Grants Restricted stock grants – 25,280 restricted shares were granted to employees and non-employee directors, vesting over a four-year period, during the six months ended June 30, 2024. For the three and six months ended June 30, 2024 , $ 217 thousand and $ 388 thousand, respectively, were expensed as a result of restricted stock grants. As of June 30, 2024 , there was $ 2.1 million in unrecognized compensation expense for all restricted stock grants remaining to be recognized in future reporting periods through 2028 . Changes in the restricted stock grants outstanding during the six months ended June 30, 2024 are summarized below (dollars in thousands except per share data): June 30, 2024 Number of Weighted Aggregate Nonvested as of January 1, 2024 62,721 $ 32.56 $ 2,057 Issued 25,280 30.05 829 Vested ( 19,688 ) 31.21 ( 646 ) Forfeited - - - Nonvested at June 30, 2024 68,313 $ 32.02 $ 2,240

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 10. Fair Value Measurements Determination of Fair Value The Company follows ASC 820, “Fair Value Measurements and Disclosures,” to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. This codification clarifies that the fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants 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 for the asset or liability 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 – Valuation is based on quoted prices in active markets for identical assets and liabilities. Level 2 – Valuation is based on observable inputs including quoted prices in active markets for similar assets and liabilities, quoted prices for identical or similar assets and liabilities in less active markets, and model-based valuation techniques for which significant assumptions can be derived primarily from or corroborated by observable data in the market. Level 3 – Valuation is based on model-based techniques that use one or more significant inputs or assumptions that are unobservable in the market The following describes the valuation techniques used by the Company to measure certain financial assets and liabilities recorded at fair value on a recurring basis in the consolidated financial statements: Securities available for sale Securities AFS are recorded at fair value on a recurring basis. Fair value measurement is based upon quoted market prices, when available (Level 1). If quoted market prices are not available, fair values are measured utilizing independent valuation techniques of identical or similar securities for which significant assumptions are derived primarily from or corroborated by observable market data. Third party vendors compile prices from various sources and may determine the fair value of identical or similar securities by using pricing models that consider observable market data (Level 2). The following tables present the balances measured at fair value on a recurring basis as of June 30, 2024 and December 31, 2023 (dollars in thousands): Fair Value Measurements at June 30, 2024 Using: Quoted Prices Significant Significant Description Balance (Level 1) (Level 2) (Level 3) Assets: U.S. Government treasuries $ 11,433 $ - $ 11,433 $ - U.S. Government agencies 26,537 - 26,537 - Mortgage-backed/CMOs 146,085 - 146,085 - Corporate bonds 18,244 - 18,244 - Municipal bonds 82,399 - 82,399 - Total securities available for sale $ 284,698 $ - $ 284,698 $ - Fair Value Measurements at December 31, 2023 Using: Quoted Prices Significant Significant Description Balance (Level 1) (Level 2) (Level 3) Assets: U.S. Government treasuries $ 121,708 $ - $ 121,708 $ - U.S. Government agencies 39,581 - 39,581 - Mortgage-backed/CMOs 155,144 - 155,144 - Corporate bonds 19,129 - 19,129 Municipal bonds 85,033 - 85,033 - Total securities available for sale $ 420,595 $ - $ 420,595 $ - Certain financial assets are measured at fair value on a nonrecurring basis in accordance with GAAP. Adjustments to the fair value of these assets usually result from the application of lower-of-cost-or-market accounting or write downs of individual assets. The following describes the valuation techniques used by the Company to measure certain assets recorded at fair value on a nonrecurring basis in the consolidated financial statements: Collateral Dependent Loans with an ACL In accordance with ASC 326, we may determine that an individual loan exhibits unique risk characteristics which differentiate it from other loans within our loan pools. In such cases, the loans are evaluated for expected credit losses on an individual basis and excluded from the collective evaluation. Specific allocations of the ACL are determined by analyzing the borrower's ability to repay amounts owed, collateral deficiencies, the relative risk grade of the loan and economic conditions affecting the borrower's industry, among other things. A loan is considered to be collateral dependent when, based upon management's assessment, the borrower is experiencing financial difficulty and repayment is expected to be provided substantially through the operation or sale of the collateral. In such cases, expected credit losses are based on the fair value of the collateral at the measurement date, adjusted for estimated selling costs if satisfaction of the loan depends on the sale of the collateral. We reevaluate the fair value of collateral supporting collateral dependent loans on a quarterly basis. The fair value of real estate collateral supporting collateral dependent loans is evaluated by appraisal services using a methodology that is consistent with the Uniform Standards of Professional Appraisal Practice. There were no assets that were measured at fair value on a nonrecurring basis as of June 30, 2024 . The following table presents the Company's assets that were measured at fair value on a nonrecurring basis as of December 31, 2023: Fair Value Measurements at December 31, 2023 Using: Quoted Prices Significant Significant Description Balance (Level 1) (Level 2) (Level 3) Assets: Individually evaluated loans $ 461 $ - $ - $ 461 Description Fair Value Valuation Technique Unobservable Inputs Discount Rate Assets: Individually evaluated loans $ 461 Market comparables Discount applied to recent appraisal 20.0 % ASC 825, “Financial Instruments,” requires disclosures about fair value of financial instruments for interim periods and excludes certain financial instruments and all non-financial instruments from its disclosure requirements. Accordingly, the aggregate fair value amounts presented may not necessarily represent the underlying fair value of the Company. The Company uses the exit price notion in calculating the fair values of financial instruments not measured at fair value on a recurring basis. The carrying values and estimated fair values of the Company's financial instruments as of June 30, 2024 and December 31, 2023 are as follows (dollars in thousands): Fair Value Measurements at June 30, 2024 Using: Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Carrying value Level 1 Level 2 Level 3 Fair Value Assets Cash and cash equivalent $ 17,300 $ 17,300 $ - $ - $ 17,300 Available for sale securities 284,698 - 284,698 - 284,698 Restricted securities 6,667 - 6,667 - 6,667 Loans, net 1,150,186 - - 1,084,432 1,084,432 Bank owned life insurance 39,468 - 39,468 - 39,468 Accrued interest receivable 6,579 - 1,716 4,863 6,579 Liabilities Demand deposits and interest-bearing transaction and money market accounts $ 1,038,351 $ - $ 1,038,351 $ - $ 1,038,351 Certificates of deposit 335,490 - 335,282 - 335,282 Federal funds purchased 2,438 2,438 2,438 Borrowings 30,000 - 30,072 - 30,072 Junior subordinated debt, net 3,483 - 3,483 - 3,483 Accrued interest payable 2,122 - 2,122 - 2,122 Fair Value Measurements at December 31, 2023 Using: Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Carrying value Level 1 Level 2 Level 3 Fair Value Assets Cash and cash equivalent $ 28,390 $ 28,390 $ - $ - $ 28,390 Available for sale securities 420,595 - 420,595 - 420,595 Restricted securities 8,385 - 8,385 - 8,385 Loans, net 1,084,270 - - 1,029,359 1,029,359 Bank owned life insurance 38,904 - 38,904 - 38,904 Accrued interest receivable 6,179 - 1,916 4,263 6,179 Liabilities Demand deposits and interest-bearing transaction and money market accounts $ 1,090,517 $ - $ 1,090,517 $ - $ 1,090,517 Certificates of deposit 318,581 - 318,768 - 318,768 Federal funds purchased 3,462 3,462 3,462 Borrowings 66,500 66,360 66,360 Junior subordinated debt, net 3,459 - 3,459 - 3,459 Accrued interest payable 2,143 - 2,143 - 2,143 The Company assumes interest rate risk (the risk that general interest rate levels will change) as a result of its normal operations. Consequently, the fair values of the Company’s financial instruments will fluctuate when interest rate levels change, and that change may be either favorable or unfavorable to the Company. Management attempts to match maturities of assets and liabilities to the extent believed necessary to minimize interest rate risk; however, borrowers with fixed rate obligations are less likely to prepay in a rising rate environment and more likely to prepay in a falling rate environment. Conversely, depositors who are receiving fixed rates are more likely to withdraw funds before maturity in a rising rate environment and less likely to do so in a falling rate environment. Management monitors rates and maturities of assets and liabilities and attempts to minimize interest rate risk by adjusting terms of new loans and deposits and by investing in securities with terms that mitigate the Company’s overall interest rate risk.

Other Comprehensive Income (Los

Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2024
Other Comprehensive Income (Loss), Tax [Abstract]
Other Comprehensive Income (Loss)	Note 11. Other Comprehensive Income (Loss) The following table presents the changes in each component of accumulated other comprehensive income (loss) as of June 30, 2024 and June 30, 2023 (dollars in thousands). AFS Securities Total Accumulated other comprehensive loss at December 31, 2023 $ ( 40,044 ) $ ( 40,044 ) Other comprehensive loss arising during the period ( 3,730 ) ( 3,730 ) Related income tax effects 783 783 ( 2,947 ) ( 2,947 ) Reclassification into net income 4 4 Related income tax effects ( 1 ) ( 1 ) 3 3 Accumulated other comprehensive loss at June 30, 2024 $ ( 42,988 ) $ ( 42,988 ) AFS Securities Interest Rate Swap Total Accumulated other comprehensive loss at December 31, 2022 $ ( 49,024 ) $ 400 $ ( 48,624 ) Other comprehensive income (loss) arising during the period 3,647 ( 46 ) 3,601 Related income tax effects ( 766 ) 9 ( 757 ) 2,881 ( 37 ) 2,844 Reclassification into net income 206 ( 460 ) ( 254 ) Related income tax effects ( 43 ) 97 54 163 ( 363 ) ( 200 ) Accumulated other comprehensive loss at June 30, 2023 $ ( 45,980 ) $ - $ ( 45,980 )

Segment Reporting

Segment Reporting	6 Months Ended
	Jun. 30, 2024
Segment Reporting [Abstract]
Segment Reporting	Note 12. Segment Reporting For the financial periods noted in this report, the Company has three reportable segments. Each reportable segment is a strategic business unit that offers different products and services. They are managed separately, because each segment appeals to different markets and, accordingly, require different technology and marketing strategies. The accounting policies of the segments are the same as those described in the summary of significant accounting policies provided earlier in this report. The three reportable segments are: • Bank - The commercial banking segment involves making loans and generating deposits from individuals, businesses and charitable organizations. Loan fee income, service charges from deposit accounts, and other non-interest-related fees, such as fees for debit cards and ATM usage and fees for treasury management services, generate additional income for the Bank segment. • VNB Trust & Estate Services – VNB Trust & Estate Services offers corporate trustee services, trust and estate administration, IRA administration and custody services. Revenue for this segment is generated from administration, service and custody fees, as well as management fees that are derived from Assets Under Management. Investment management services currently are offered through in-house and third-party managers. • Masonry Capital - Masonry Capital offers investment management services for separately managed accounts and a private investment fund employing a value-based, catalyst-driven investment strategy. Revenue for this segment is generated from management fees that are derived from Assets Under Management and incentive income that is based on the investment returns generated on performance-based Assets Under Management. Effective April 1, 2024, the Company sold the membership interests in Masonry Capital Management, LLC to an officer of the Company. Subsequent to the date of sale, the Company will receive an annual revenue-share amount for a period of six years . No expenses will be incurred by the Company related to Masonry Capital subsequent to the effective date of sale. Segment information for the three and six months ended June 30, 2024 and 2023 is shown in the following tables (dollars in thousands). Note that asset information is not reported below, as the assets of VNB Trust & Estate Services are reported at the Bank level; also, assets specifically allocated to the lines of business other than the Bank are insignificant and are no longer provided to the chief operating decision maker. Three months ended June 30, 2024 Bank VNB Trust & Masonry Consolidated Net interest income $ 11,181 $ - $ - $ 11,181 Recovery of credit losses ( 338 ) - - ( 338 ) Noninterest income 1,452 239 - 1,691 Noninterest expense 7,814 308 - 8,122 Income (loss) before income taxes 5,157 ( 69 ) — 5,088 Provision for (benefit from) income 943 ( 14 ) - 929 Net income (loss) $ 4,214 $ ( 55 ) $ — $ 4,159 Six months ended June 30, 2024 Bank VNB Trust & Masonry Consolidated Net interest income $ 22,117 $ - $ - $ 22,117 Recovery of credit losses ( 360 ) - - ( 360 ) Noninterest income 3,136 543 190 3,869 Noninterest expense 16,084 657 200 16,941 Income (loss) before income taxes 9,529 ( 114 ) ( 10 ) 9,405 Provision for (benefit from) income taxes 1,626 ( 24 ) ( 2 ) 1,600 Net income (loss) $ 7,903 $ ( 90 ) $ ( 8 ) $ 7,805 Three months ended June 30, 2023 Bank VNB Trust & Masonry Consolidated Net interest income $ 13,703 $ - $ - $ 13,703 Provision for credit losses 261 - - 261 Noninterest income 1,637 250 158 2,045 Noninterest expense 7,987 361 216 8,564 Income (loss) before income taxes 7,092 ( 111 ) ( 58 ) 6,923 Provision for (benefit from) income 1,308 ( 24 ) ( 12 ) 1,272 Net income (loss) $ 5,784 $ ( 87 ) $ ( 46 ) $ 5,651 Six months ended June 30, 2023 Bank VNB Trust & Masonry Consolidated Net interest income $ 27,116 $ - $ - $ 27,116 Recovery of credit losses 13 - - 13 Noninterest income 3,492 510 319 4,321 Noninterest expense 16,355 672 398 17,425 Income before income taxes 14,240 ( 162 ) ( 79 ) 13,999 Provision for income taxes 2,607 ( 34 ) ( 16 ) 2,557 Net income $ 11,633 $ ( 128 ) $ ( 63 ) $ 11,442

Sale of Masonry Capital Managem

Sale of Masonry Capital Management LLC	6 Months Ended
	Jun. 30, 2024
Sale of Masonry Capital Management LLC [Abstract]
Sale of Masonry Capital Management LLC	Note 13. Sale of Masonry Capital Management, LLC Effective April 1, 2024, the Company sold the membership interests in Masonry Capital Management, LLC to an officer of the Company. Subsequent to the date of sale, the Company will receive an annual revenue-share amount for a period of six years . No expenses will be incurred by the Company related to Masonry Capital subsequent to the effective date of sale. The sale of this business line did not meet the requirements for classification of discontinued operations, as the sale did not represent a strategic shift in the Company's operations or plans and will not have a major effect on the Company's future operations or financial results.

Share Repurchase Plan

Share Repurchase Plan	6 Months Ended
	Jun. 30, 2024
Equity [Abstract]
Share Repurchase Plan	Note 14. Share Repurchase Plan During the second quarter of 2023, the Board of Directors approved a share repurchase plan of up to 5 % of outstanding common stock. Repurchases may be made through open market purchases or in privately negotiated transactions. The actual timing, number, and value of shares repurchased under the plan will be determined by a committee of the Board. For the six months ended June 30, 2024 , a total of 20,350 shares have been repurchased at an average price of $ 27.42 .

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation: The unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information. Accordingly, the unaudited consolidated financial statements do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring items) considered necessary for a fair presentation have been included. The statements should be read in conjunction with the Notes to Consolidated Financial Statements included in the Company’s Form 10-K for the year ended December 31, 2023 .
Nature of Operations	Nature of Operations: The accompanying unaudited consolidated financial statements include the accounts of the Company, and its subsidiaries Virginia National Bank and Masonry Capital Management, LLC, a registered investment advisor. The Bank offers a full range of banking and related financial services to meet the needs of individuals, businesses and charitable organizations, including the fiduciary services of VNB Trust and Estate Services. Effective April 1, 2024, the Company sold the membership interests in Masonry Capital Management, LLC to an officer of the Company. Subsequent to the date of sale, the Company will receive an annual revenue-share amount for a period of six years . All significant intercompany balances and transactions have been eliminated in consolidation.
Basis of Presentation	Basis of Presentation: The preparation of financial statements in conformity with GAAP and the reporting guidelines prescribed by regulatory authorities requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the ACL, accounting for business combinations, including loans acquired in the business combination, ACL on individually evaluated loans, goodwill impairment, credit losses of securities, other intangible assets, and fair value measurements. Operating results for the three and six months ended June 30, 2024 are not necessarily indicative of the results that may be expected for the year ending December 31, 2024 .
Reclassifications	Reclassifications: If needed, certain previously reported amounts have been reclassified to conform to current period presentation. No such reclassifications were considered material.
Recent Significant Accounting Pronouncements and Adoption of New Accounting Standards	Recent Significant Accounting Pronouncements Accounting Standards Adopted in 2024: In March 2023, the FASB issued ASU 2023-02, “Investments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method.” These amendments allow reporting entities to elect to account for qualifying tax equity investments using the proportional amortization method, regardless of the program giving rise to the related income tax credits. ASU 2023-02 was effective for the Company on January 1, 2024 . The adoption of ASU 2023-02 did not have a material impact on the Company's consolidated financial statements. Accounting Standards Issued but Not Yet Adopted: On March 29, 2024, the FASB issued ASU 2024-02, Codification Improvements- Amendments to Remove References to the Concepts Statements, which amends the Codification to remove references to various concepts statements and impacts a variety of topics in the Codification. The amendments apply to all reporting entities within the scope of the affected accounting guidance, but in most instances the references removed are extraneous and not required to understand or apply the guidance. Generally, the amendments in ASU 2024-02 are not intended to result in significant accounting changes for most entities. The ASU is effective January 1, 2025 and is not expected to have a significant impact on the Company’s financial statements. Recently Issued Disclosure Rules: In March 2024, the SEC adopted final rules under SEC Release No. 33-11275, “The Enhancement and Standardization of Climate-Related Disclosures for Investors”. This rule will require registrants to disclose certain climate-related information in registration statements and annual reports. The disclosure requirements will start to phase in commencing with the Company's fiscal year beginning January 1, 2026. Refer to Note 1, "Summary of Significant Accounting Policies" of the Notes to Consolidated Financial Statements included in the 2023 Annual Report on Form 10-K for a discussion of the Company's significant accounting policies. Other accounting standards that have been issued by the FASB or other standards-setting bodies are not currently expected to have a material effect on the Company's financial position, results of operations or cash flows.

Securities (Tables)

Securities (Tables)	6 Months Ended
	Jun. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Schedule of Amortized Cost and Fair Values of Securities Available For Sale	The amortized cost and fair values of securities available for sale as of June 30, 2024 and December 31, 2023 were as follows (dollars in thousands): June 30, 2024 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains (Losses) Value U.S. Government treasuries $ 11,495 $ - $ ( 62 ) $ 11,433 U.S. Government agencies 32,055 - ( 5,518 ) 26,537 Mortgage-backed/CMOs 172,852 68 ( 26,835 ) 146,085 Corporate bonds 18,731 - ( 487 ) 18,244 Municipal bonds 103,981 5 ( 21,587 ) 82,399 Total Securities Available for Sale $ 339,114 $ 73 $ ( 54,489 ) $ 284,698 December 31, 2023 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains (Losses) Value U.S. Government treasuries $ 122,288 $ 35 $ ( 615 ) $ 121,708 U.S. Government agencies 45,131 - ( 5,550 ) 39,581 Mortgage-backed/CMOs 179,920 171 ( 24,947 ) 155,144 Corporate bonds 19,680 1 ( 552 ) 19,129 Municipal bonds 104,265 31 ( 19,263 ) 85,033 Total Securities Available for Sale $ 471,284 $ 238 $ ( 50,927 ) $ 420,595
Schedule of Unrealized Losses in the Bank's Securities Portfolio	The following tables summarize all securities with unrealized losses, segregated by length of time in a continuous unrealized loss position, for which no allowance for credit losses was recorded, at June 30, 2024, and December 31, 2023 (dollars in thousands): Less than 12 Months 12 Months or More Total June 30, 2024 Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses U.S. Government treasuries $ - $ - $ 11,432 $ ( 62 ) $ 11,432 $ ( 62 ) U.S. Government agencies - - 29,208 ( 5,518 ) 29,208 ( 5,518 ) Mortgage-backed/CMOs - - 139,131 ( 26,835 ) 139,131 ( 26,835 ) Corporate bonds - - 18,244 ( 487 ) 18,244 ( 487 ) Municipal bonds 939 ( 5 ) 79,542 ( 21,582 ) 80,481 ( 21,587 ) $ 939 $ ( 5 ) $ 277,557 $ ( 54,484 ) $ 278,496 $ ( 54,489 ) Less than 12 Months 12 Months or More Total December 31, 2023 Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses U.S. Government treasuries $ - $ - $ 52,298 $ ( 615 ) $ 52,298 $ ( 615 ) U.S. Government agencies 10,090 ( 20 ) 29,490 ( 5,530 ) 39,580 ( 5,550 ) Mortgage-backed/CMOs - - 150,045 ( 24,947 ) 150,045 ( 24,947 ) Corporate bonds - - 19,129 ( 552 ) 19,129 ( 552 ) Municipal bonds - - 82,140 ( 19,263 ) 82,140 ( 19,263 ) $ 10,090 $ ( 20 ) $ 333,102 $ ( 50,907 ) $ 343,192 $ ( 50,927 )
Schedule of Amortized Cost and Fair Values of Securities Available For Sale Based upon Contractual Maturities and by Major Investment Categories	The amortized cost and fair value of AFS debt securities at June 30, 2024 are presented below based upon contractual maturities, by major investment categories (dollars in thousands). Expected maturities may differ from contractual maturities because issuers have the right to call or prepay obligations. Amortized Cost Fair Value U.S. Government treasuries One year or less $ 11,495 $ 11,433 After one year to five years - - $ 11,495 $ 11,433 U.S. Government agencies One year or less $ — $ — After one year to five years 10,133 8,878 After five years to ten years 17,922 14,715 Ten years or more 4,000 2,944 $ 32,055 $ 26,537 Mortgage-backed/CMOs One year or less $ 1,791 $ 1,773 After one year to five years 3,275 3,115 After five years to ten years 5,891 5,341 Ten years or more 161,895 135,856 $ 172,852 $ 146,085 Corporate bonds One year or less $ 4,953 $ 4,871 After one year to five years 13,778 13,373 $ 18,731 $ 18,244 Municipal bonds One year or less $ 610 $ 600 After one year to five years 3,202 3,093 After five years to ten years 22,892 20,791 Ten years or more 77,277 57,915 $ 103,981 $ 82,399 Total Debt Securities Available for Sale $ 339,114 $ 284,698

Loans (Tables)

Loans (Tables)	6 Months Ended
	Jun. 30, 2024
Loans and Leases Receivable Disclosure [Abstract]
Schedule of Composition of Loan Portfolio by Major Loan Classifications	The composition of the loan portfolio by major loan classifications at June 30, 2024 and December 31, 2023 , stated at their face amount, net of deferred fees and costs and discounts, including fair value marks, appears below (dollars in thousands). The Company has elected to exclude accrued interest receivable, totaling $ 4.9 million as of June 30, 2024, from the amortized cost basis of loans. June 30, December 31, 2024 2023 Commercial $ 222,677 $ 152,517 Real estate construction and land 36,908 33,682 1-4 family residential mortgages 307,055 317,558 Commercial mortgages 553,455 550,867 Consumer 38,119 38,041 Total loans 1,158,214 1,092,665 Less: Allowance for credit losses ( 8,028 ) ( 8,395 ) Net loans $ 1,150,186 $ 1,084,270
Schedule of Aging of Past Due Loans	The following table shows the aging of the Company's loan portfolio, by class, at June 30, 2024 (dollars in thousands): 30-59 Days 60-89 Days 90 Days or More Past Due and Still Accruing Nonaccrual Loans Current Loans Total Loans Commercial $ 2,582 $ 23 $ 1,533 $ - $ 218,539 $ 222,677 Real estate construction and land - - - - 36,908 36,908 1-4 family residential mortgages 868 433 - 2,008 303,746 307,055 Commercial mortgages - - - 357 553,098 553,455 Consumer loans 146 121 63 - 37,789 38,119 Notes Receivable Gross $ 3,596 $ 577 $ 1,596 $ 2,365 $ 1,150,080 $ 1,158,214 The following table shows the aging of the Company's loan portfolio, by class, at December 31, 2023 (dollars in thousands): 30-59 Days 60-89 Days 90 Days or More Nonaccrual Loans Current Loans Total Loans Commercial $ 378 $ 369 $ 782 $ - $ 150,988 $ 152,517 Real estate construction and land 70 37 - - 33,575 33,682 1-4 family residential mortgages 1,834 860 - 1,438 313,426 317,558 Commercial mortgages 6,304 - - 414 544,149 550,867 Consumer loans 225 141 97 - 37,578 38,041 Notes Receivable Gross $ 8,811 $ 1,407 $ 879 $ 1,852 $ 1,079,716 $ 1,092,665
Schedule of Impaired Loans Classified as Non-Accruals by Class	The following table shows the Company's amortized cost basis of loans on nonaccrual status as of June 30, 2024 (dollars in thousands). June 30, 2024 Nonaccrual Loans with No Allowance Nonaccrual Loans with an Allowance Total Nonaccrual Loans Commercial $ - $ - $ - Real estate construction and land - - - 1-4 family residential mortgages 2,008 - 2,008 Commercial mortgages 357 357 Consumer - - - Notes Receivable Gross $ 2,365 $ - $ 2,365 The following table shows the Company's amortized cost basis of loans on nonaccrual status as of December 31, 2023 (dollars in thousands). December 31, 2023 Nonaccrual Loans with No Allowance Nonaccrual Loans with an Allowance Total Nonaccrual Loans Commercial $ - $ - $ - Real estate construction and land - - - 1-4 family residential mortgages 1,383 55 1,438 Commercial mortgages 414 414 Consumer - - - Notes Receivable Gross $ 1,797 $ 55 $ 1,852 Troubled loan modifications

Allowance for Credit Losses (Ta

Allowance for Credit Losses (Tables)	6 Months Ended
	Jun. 30, 2024
Allowance For Loan Losses [Abstract]
Summary of Transactions in Allowance for Loan Losses by Major Loan Portfolio Segment	The following table shows the ACL activity by loan portfolio for the six months ended June 30, 2024 (dollars in thousands): Commercial Real Estate 1-4 Family Residential Mortgages Commercial Mortgages Consumer Total Allowance for Credit Losses: Balance as of December 31, 2023 $ 193 $ 462 $ 1,492 $ 5,261 $ 987 $ 8,395 Charge-offs - - - - ( 184 ) ( 184 ) Recoveries 13 - 4 1 49 67 Provision for (recovery of) credit ( 30 ) ( 51 ) ( 9 ) 30 71 11 Balance as of March 31, 2024 $ 176 $ 411 $ 1,487 $ 5,292 $ 923 $ 8,289 Charge-offs ( 104 ) - - - ( 71 ) ( 175 ) Recoveries 382 - 3 1 47 433 Provision for (recovery of) credit losses 201 275 664 ( 1,748 ) 89 ( 519 ) Balance as of June 30, 2024 $ 655 $ 686 $ 2,154 $ 3,545 $ 988 $ 8,028 The following table shows the ACL activity by loan portfolio at December 31, 2023 (dollars in thousands): Commercial Real Estate 1-4 Family Residential Mortgages Real Estate Consumer Total Allowance for Credit Losses: Balance as of beginning of year, January 1, 2023 $ 194 $ 221 $ 1,618 $ 2,820 $ 699 $ 5,552 Impact of ASC 326 adoption ( 11 ) 440 14 1,577 471 2,491 Charge-offs - - - - ( 721 ) ( 721 ) Recoveries 168 - 10 42 157 377 Provision for (recovery of) credit losses ( 158 ) ( 199 ) ( 150 ) 822 381 696 Ending Balance, December 31, 2023 $ 193 $ 462 $ 1,492 $ 5,261 $ 987 $ 8,395
Summary of Provision (Recovery) for Credit Losses	The following table presents a breakdown of the provision (recovery) for credit losses for the periods indicated (dollars in thousands): Three Months Ended Six Months Ended June 30, 2024 June 30, 2023 June 30, 2024 June 30, 2023 Provision for credit losses: Provision for (recovery of) loan losses $ ( 519 ) $ 216 $ ( 508 ) $ ( 19 ) Provision for unfunded commitments 181 45 148 32 Total $ ( 338 ) $ 261 $ ( 360 ) $ 13
Summary of Amortized Cost Basis of Collateral Dependent Loans Individually Evaluated to Determine Expected Credit Losses, and Related ACL Allocated to Loans	The following table presents the Company's amortized cost basis of collateral dependent loans, which are individually evaluated to determine expected credit losses, and the related ACL allocated to those loans as of the periods indicated (dollars in thousands): June 30, 2024 December 31, 2023 Real Estate Secured Loans Allowance for Credit Losses - Loans Real Estate Secured Loans Allowance for Credit Losses - Loans Commercial real estate - non owner occupied $ 357 $ - $ 414 $ - Residential 1-4 family real estate 2,008 - 1,438 4 Total $ 2,365 $ - $ 1,852 $ 4
Summary of Credit Quality Indicators	The following table presents the Company's recorded investment in loans by credit quality indicators by year of origination as of June 30, 2024 (dollars in thousands). Current period gross write-off amounts represent write-offs for the six months ended June 30, 2024 (dollars in thousands): June 30, 2024 Term Loans Amortized Cost Basis by Origination Year 2024 2023 2022 2021 2020 Prior Revolving Loans Loans Converted to Term Total Commercial Pass $ 57,370 $ 105,537 $ 12,044 $ 2,127 $ 3,938 $ 24,338 $ 16,913 $ - $ 222,267 Watch - - 37 - - - - - 37 Special Mention - - - - - 79 - 8 87 Substandard - - 84 - 26 176 - - 286 Total commercial $ 57,370 $ 105,537 $ 12,165 $ 2,127 $ 3,964 $ 24,593 $ 16,913 $ 8 $ 222,677 Current period gross write-off $ - $ - $ 1 $ - $ 103 $ - $ - $ - $ 104 . Real estate construction and land Pass $ 1,746 $ 13,831 $ 12,482 $ 2,605 $ 1,667 $ 1,883 $ - $ - $ 34,214 Watch - 1,043 - - - 273 - - 1,316 Special Mention - - - - - - - - - Substandard - 1,335 - - - 43 - - 1,378 Total real estate construction and land $ 1,746 $ 16,209 $ 12,482 $ 2,605 $ 1,667 $ 2,199 $ - $ - $ 36,908 Current period gross write-off $ - $ - $ - $ - $ - $ - $ - $ - $ - . 1-4 family residential mortgages Pass $ 6,262 $ 16,704 $ 13,032 $ 54,357 $ 73,140 $ 102,513 $ 18,261 $ 300 $ 284,569 Watch - 1,839 1,400 1,852 596 8,433 658 404 15,182 Special Mention - - 1,072 - - 1,571 - 60 2,703 Substandard - - - 810 1,302 1,992 396 101 4,601 Total 1-4 family residential mortgage $ 6,262 $ 18,543 $ 15,504 $ 57,019 $ 75,038 $ 114,509 $ 19,315 $ 865 $ 307,055 Current period gross write-off $ - $ - $ - $ - $ - $ - $ - $ - $ - . Commercial mortgages Pass $ 28,060 $ 104,821 $ 39,316 $ 45,285 $ 88,199 $ 207,911 $ 1,134 $ - $ 514,726 Watch - 1,792 1,059 1,180 6,349 11,133 - - 21,513 Special Mention - - - 520 263 7,435 - - 8,218 Substandard - - - 1,787 4,605 2,606 - - 8,998 Total commercial mortgages $ 28,060 $ 106,613 $ 40,375 $ 48,772 $ 99,416 $ 229,085 $ 1,134 $ - $ 553,455 Current period gross write-off $ - $ - $ - $ - $ - $ - $ - $ - $ - Consumer Pass $ 129 $ 1,129 $ 174 $ 317 $ 211 $ 20,872 $ 14,931 $ - $ 37,763 Watch - - - 7 - 147 - - 154 Special Mention - - - - - 124 1 - 125 Substandard 12 1 - - - 63 1 - 77 Total consumer $ 141 $ 1,130 $ 174 $ 324 $ 211 $ 21,206 $ 14,933 $ - $ 38,119 Current period gross write-off $ - $ - $ - $ - $ 4 $ 251 $ - $ - $ 255 The following table presents the Company's recorded investment in loans by credit quality indicators by year of origination as of December 31, 2023 (dollars in thousands). December 31, 2023 Term Loans Amortized Cost Basis by Origination Year (Dollars in thousands) 2023 2022 2021 2020 2019 Prior Revolving Loans Loans Converted to Term Total Commercial Pass $ 85,529 $ 12,344 $ 2,712 $ 4,989 $ 7,121 $ 16,873 $ 21,806 $ 112 $ 151,486 Watch - 41 - - - - - - 41 Special Mention - - - - - 79 8 - 87 Substandard - 97 1 135 53 212 50 355 903 Total commercial $ 85,529 $ 12,482 $ 2,713 $ 5,124 $ 7,174 $ 17,164 $ 21,864 $ 467 $ 152,517 Current period gross write-off $ - $ - $ - $ - $ - $ - $ - $ - $ - Real estate construction and land Pass $ 12,425 $ 11,748 $ 3,683 $ 1,717 $ 955 $ 1,293 $ 129 $ - $ 31,950 Watch - - - - - 299 - - 299 Special Mention - - - - - 37 - - 37 Substandard 1,351 - - - - 45 - - 1,396 Total real estate construction and land $ 13,776 $ 11,748 $ 3,683 $ 1,717 $ 955 $ 1,674 $ 129 $ - $ 33,682 Current period gross write-off $ - $ - $ - $ - $ - $ - $ - $ - $ - 1-4 family residential mortgages Pass $ 19,482 $ 14,712 $ 54,066 $ 74,539 $ 24,999 $ 85,836 $ 20,571 $ 524 $ 294,729 Watch - 1,621 1,874 602 - 7,149 1,166 - 12,412 Special Mention - 1,089 1,458 1,958 270 1,591 78 138 6,582 Substandard - - 55 1,194 97 2,094 395 - 3,835 Total 1-4 family residential mortgage $ 19,482 $ 17,422 $ 57,453 $ 78,293 $ 25,366 $ 96,670 $ 22,210 $ 662 $ 317,558 Current period gross write-off $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial mortgages Pass $ 112,093 $ 41,433 $ 46,315 $ 101,205 $ 45,809 $ 171,184 $ 1,502 $ 76 $ 519,617 Watch - - 1,196 166 165 14,188 - - 15,715 Special Mention - - 391 278 - 4,130 - - 4,799 Substandard 150 - 1,824 3,032 - 5,730 - - 10,736 Total commercial mortgages $ 112,243 $ 41,433 $ 49,726 $ 104,681 $ 45,974 $ 195,232 $ 1,502 $ 76 $ 550,867 Current period gross write-off $ - $ - $ - $ - $ - $ - $ - $ - $ - Consumer Pass $ 1,149 $ 193 $ 420 $ 273 $ 107 $ 20,836 $ 14,710 $ - $ 37,688 Watch - - 7 - 9 190 - - 206 Special Mention - - - - - 132 1 5 138 Substandard 1 - - - 8 - - - 9 Total consumer $ 1,150 $ 193 $ 427 $ 273 $ 124 $ 21,158 $ 14,711 $ 5 $ 38,041 Current period gross write-off $ - $ - $ 19 $ 16 $ 28 $ 654 $ 4 $ - $ 721

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Gross Carrying Amounts and Accumulated Amortization of Other Intangible Assets	The following table summarizes the gross carrying amounts and accumulated amortization of other intangible assets (dollars in thousands): June 30, 2024 December 31, 2023 June 30, 2023 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Amortized intangible assets: Core deposit intangible $ 9,660 $ ( 5,242 ) $ 9,660 $ ( 4,567 ) $ 9,660 $ ( 3,465 )
Schedule of Estimated Future Amortization Expense	Estimated future amortization expense as of June 30, 2024 is as follows (dollars in thousands): Core Deposit Intangible For the six months ending December 31, 2024 $ 627 For the year ending December 31, 2025 1,110 For the year ending December 31, 2026 918 For the year ending December 31, 2027 726 For the year ending December 31, 2028 535 Thereafter 502 Total $ 4,418

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2024
Leases [Abstract]
Schedule of Lease Liability, Right-of-use Asset, Weighted Average Remaining Lease Term and Discount Rate	The following tables present information about the Company’s leases (dollars in thousands): June 30, 2024 December 31, 2023 Lease liability $ 6,102 $ 6,504 Right-of-use asset $ 6,287 $ 6,748 Weighted average remaining lease term 4.87 years 4.71 years Weighted average discount rate 2.71 % 2.28 %
Schedule of Operating Lease Expense	Three Months Ended June 30, Six Months Ended June 30, Lease Expense: 2024 2023 2024 2023 Operating lease cost $ 412 $ 395 $ 841 $ 906 Short-term lease expense 18 81 30 204 Total lease expense $ 430 $ 476 $ 871 $ 1,110 Cash paid for amounts included in $ 395 $ 336 $ 783 $ 848
Schedule of Operating Lease Liabilities and Reconciliation of Undiscounted Cash Flows	A maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total of operating lease liabilities is as follows (dollars in thousands): Undiscounted Cash Flow June 30, 2024 Six months ending December 31, 2024 $ 799 Twelve months ending December 31, 2025 1,497 Twelve months ending December 31, 2026 1,158 Twelve months ending December 31, 2027 1,063 Twelve months ending December 31, 2028 942 Thereafter 1,195 Total undiscounted cash flows $ 6,654 Less: Discount ( 552 ) Lease liability $ 6,102

Net Income Per Share (Tables)

Net Income Per Share (Tables)	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
Schedule of weighted average number of shares used in computing earnings per share	The table below shows the weighted average number of shares used in computing net income per common share and the effect of the weighted average number of shares of potential dilutive common stock for the three and six months ended June 30, 2024 and 2023. Diluted net income per share is computed based on the weighted average number of shares of common stock equivalents outstanding, to the extent dilutive. The Company’s common stock equivalents relate to outstanding common stock options. The recipients of unvested restricted shares have full voting and dividend rights, and as such, unvested restricted stock as of June 30, 2024 and June 30, 2023 is included in the calculation of basic and diluted net income per share (dollars below reported in thousands except per share data). Three Months Ended June 30, 2024 June 30, 2023 Net Weighted Per Net Weighted Per Basic net income per share $ 4,159 5,377,055 $ 0.77 $ 5,651 5,357,873 $ 1.05 Effect of dilutive stock options - 8,715 - - 17,200 - Diluted net income per share $ 4,159 5,385,770 $ 0.77 $ 5,651 5,375,073 $ 1.05 Six Months Ended June 30, 2024 June 30, 2023 Net Weighted Per Net Weighted Per Basic net income per share $ 7,805 5,371,972 $ 1.45 $ 11,442 5,348,040 $ 2.14 Effect of dilutive stock options - 11,008 - - 27,505 ( 0.01 ) Diluted net income per share $ 7,805 $ 5,382,980 $ 1.45 $ 11,442 5,375,545 $ 2.13

Stock Incentive Plans (Tables)

Stock Incentive Plans (Tables)	6 Months Ended
	Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]
Summary of Shares Issued and Available Under Each Plans	A summary of the shares issued and available under each of the Plans is shown below as of June 30, 2024 . Share data and exercise price range per share have been adjusted to reflect prior issued stock dividends. Although the 2014 Plan and the 2005 Plan have expired and no new grants will be issued under those plans, there were options issued before the plans expired that are still outstanding as shown below. 2022 Plan 2014 Plan 2005 Plan Aggregate shares issuable 150,000 275,625 253,575 Options issued, net of forfeited and expired ( 44,700 ) ( 174,006 ) ( 59,870 ) Unrestricted stock issued - ( 11,635 ) - Restricted stock grants issued, net of forfeited ( 44,212 ) ( 83,653 ) - Cancelled due to Plan expiration - ( 6,331 ) ( 193,705 ) Remaining available for grant 61,088 - - Stock grants issued and outstanding: Total vested and unvested shares 44,212 95,888 - Fully vested shares 4,733 67,054 - Option grants issued and outstanding: Total vested and unvested shares 44,700 169,301 - Fully vested shares - 129,220 - Exercise price range $ 28.82 to $ 33.20 $ 23.75 to $ 42.62 $ -
Summary of Stock Option Activity	Changes in the stock options outstanding related to the Plans are summarized below (dollars in thousands except per share data): June 30, 2024 Number of Options Weighted Aggregate Outstanding at January 1, 2024 174,201 $ 33.94 $ - Issued 41,300 $ 28.98 - Exercised — $ — Forfeited ( 1,500 ) $ 35.35 - Expired - $ - Outstanding at June 30, 2024 214,001 $ 32.97 $ 709 Options exercisable at June 30, 2024 129,220 $ 35.48 $ 350
Schedule of Options Outstanding and Exercisable, by Exercise Price Range	Summary information pertaining to options outstanding at June 30, 2024 is shown below. Share and per share data have been adjusted to reflect the prior stock dividends issued. Options Outstanding Options Exercisable Exercise Price Number of Weighted- Weighted- Number of Weighted- $ 20.01 to $ 30.00 101,300 7.4 Years $ 25.85 43,800 $ 24.82 $ 30.01 to $ 40.00 55,220 6.9 Years 36.00 27,940 37.51 $ 40.01 to $ 42.62 57,481 3.9 Years 42.62 57,480 42.62 Total 214,001 6.3 Years $ 32.97 129,220 $ 35.48
Summary of Changes in the Restricted Stock Grants Outstanding	Changes in the restricted stock grants outstanding during the six months ended June 30, 2024 are summarized below (dollars in thousands except per share data): June 30, 2024 Number of Weighted Aggregate Nonvested as of January 1, 2024 62,721 $ 32.56 $ 2,057 Issued 25,280 30.05 829 Vested ( 19,688 ) 31.21 ( 646 ) Forfeited - - - Nonvested at June 30, 2024 68,313 $ 32.02 $ 2,240

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2024
Fair Value Disclosures [Abstract]
Schedule of Available for Sale Securities Measured at Fair Value on a Recurring Basis	The following tables present the balances measured at fair value on a recurring basis as of June 30, 2024 and December 31, 2023 (dollars in thousands): Fair Value Measurements at June 30, 2024 Using: Quoted Prices Significant Significant Description Balance (Level 1) (Level 2) (Level 3) Assets: U.S. Government treasuries $ 11,433 $ - $ 11,433 $ - U.S. Government agencies 26,537 - 26,537 - Mortgage-backed/CMOs 146,085 - 146,085 - Corporate bonds 18,244 - 18,244 - Municipal bonds 82,399 - 82,399 - Total securities available for sale $ 284,698 $ - $ 284,698 $ - Fair Value Measurements at December 31, 2023 Using: Quoted Prices Significant Significant Description Balance (Level 1) (Level 2) (Level 3) Assets: U.S. Government treasuries $ 121,708 $ - $ 121,708 $ - U.S. Government agencies 39,581 - 39,581 - Mortgage-backed/CMOs 155,144 - 155,144 - Corporate bonds 19,129 - 19,129 Municipal bonds 85,033 - 85,033 - Total securities available for sale $ 420,595 $ - $ 420,595 $ -
Summary of Assets Measured at Fair Value on a Nonrecurring Basis	The following table presents the Company's assets that were measured at fair value on a nonrecurring basis as of December 31, 2023: Fair Value Measurements at December 31, 2023 Using: Quoted Prices Significant Significant Description Balance (Level 1) (Level 2) (Level 3) Assets: Individually evaluated loans $ 461 $ - $ - $ 461 Description Fair Value Valuation Technique Unobservable Inputs Discount Rate Assets: Individually evaluated loans $ 461 Market comparables Discount applied to recent appraisal 20.0 %
Schedule of the Carrying Values and Estimated Fair Values of the Bank's Financial Instruments	The carrying values and estimated fair values of the Company's financial instruments as of June 30, 2024 and December 31, 2023 are as follows (dollars in thousands): Fair Value Measurements at June 30, 2024 Using: Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Carrying value Level 1 Level 2 Level 3 Fair Value Assets Cash and cash equivalent $ 17,300 $ 17,300 $ - $ - $ 17,300 Available for sale securities 284,698 - 284,698 - 284,698 Restricted securities 6,667 - 6,667 - 6,667 Loans, net 1,150,186 - - 1,084,432 1,084,432 Bank owned life insurance 39,468 - 39,468 - 39,468 Accrued interest receivable 6,579 - 1,716 4,863 6,579 Liabilities Demand deposits and interest-bearing transaction and money market accounts $ 1,038,351 $ - $ 1,038,351 $ - $ 1,038,351 Certificates of deposit 335,490 - 335,282 - 335,282 Federal funds purchased 2,438 2,438 2,438 Borrowings 30,000 - 30,072 - 30,072 Junior subordinated debt, net 3,483 - 3,483 - 3,483 Accrued interest payable 2,122 - 2,122 - 2,122 Fair Value Measurements at December 31, 2023 Using: Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Carrying value Level 1 Level 2 Level 3 Fair Value Assets Cash and cash equivalent $ 28,390 $ 28,390 $ - $ - $ 28,390 Available for sale securities 420,595 - 420,595 - 420,595 Restricted securities 8,385 - 8,385 - 8,385 Loans, net 1,084,270 - - 1,029,359 1,029,359 Bank owned life insurance 38,904 - 38,904 - 38,904 Accrued interest receivable 6,179 - 1,916 4,263 6,179 Liabilities Demand deposits and interest-bearing transaction and money market accounts $ 1,090,517 $ - $ 1,090,517 $ - $ 1,090,517 Certificates of deposit 318,581 - 318,768 - 318,768 Federal funds purchased 3,462 3,462 3,462 Borrowings 66,500 66,360 66,360 Junior subordinated debt, net 3,459 - 3,459 - 3,459 Accrued interest payable 2,143 - 2,143 - 2,143

Other Comprehensive Income (L_2

Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2024
Other Comprehensive Income (Loss), Tax [Abstract]
Schedule of Components of Accumulated Other Comprehensive Income (Loss)	The following table presents the changes in each component of accumulated other comprehensive income (loss) as of June 30, 2024 and June 30, 2023 (dollars in thousands). AFS Securities Total Accumulated other comprehensive loss at December 31, 2023 $ ( 40,044 ) $ ( 40,044 ) Other comprehensive loss arising during the period ( 3,730 ) ( 3,730 ) Related income tax effects 783 783 ( 2,947 ) ( 2,947 ) Reclassification into net income 4 4 Related income tax effects ( 1 ) ( 1 ) 3 3 Accumulated other comprehensive loss at June 30, 2024 $ ( 42,988 ) $ ( 42,988 ) AFS Securities Interest Rate Swap Total Accumulated other comprehensive loss at December 31, 2022 $ ( 49,024 ) $ 400 $ ( 48,624 ) Other comprehensive income (loss) arising during the period 3,647 ( 46 ) 3,601 Related income tax effects ( 766 ) 9 ( 757 ) 2,881 ( 37 ) 2,844 Reclassification into net income 206 ( 460 ) ( 254 ) Related income tax effects ( 43 ) 97 54 163 ( 363 ) ( 200 ) Accumulated other comprehensive loss at June 30, 2023 $ ( 45,980 ) $ - $ ( 45,980 )

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2024
Segment Reporting [Abstract]
Schedule of segment reporting information	Segment information for the three and six months ended June 30, 2024 and 2023 is shown in the following tables (dollars in thousands). Note that asset information is not reported below, as the assets of VNB Trust & Estate Services are reported at the Bank level; also, assets specifically allocated to the lines of business other than the Bank are insignificant and are no longer provided to the chief operating decision maker. Three months ended June 30, 2024 Bank VNB Trust & Masonry Consolidated Net interest income $ 11,181 $ - $ - $ 11,181 Recovery of credit losses ( 338 ) - - ( 338 ) Noninterest income 1,452 239 - 1,691 Noninterest expense 7,814 308 - 8,122 Income (loss) before income taxes 5,157 ( 69 ) — 5,088 Provision for (benefit from) income 943 ( 14 ) - 929 Net income (loss) $ 4,214 $ ( 55 ) $ — $ 4,159 Six months ended June 30, 2024 Bank VNB Trust & Masonry Consolidated Net interest income $ 22,117 $ - $ - $ 22,117 Recovery of credit losses ( 360 ) - - ( 360 ) Noninterest income 3,136 543 190 3,869 Noninterest expense 16,084 657 200 16,941 Income (loss) before income taxes 9,529 ( 114 ) ( 10 ) 9,405 Provision for (benefit from) income taxes 1,626 ( 24 ) ( 2 ) 1,600 Net income (loss) $ 7,903 $ ( 90 ) $ ( 8 ) $ 7,805 Three months ended June 30, 2023 Bank VNB Trust & Masonry Consolidated Net interest income $ 13,703 $ - $ - $ 13,703 Provision for credit losses 261 - - 261 Noninterest income 1,637 250 158 2,045 Noninterest expense 7,987 361 216 8,564 Income (loss) before income taxes 7,092 ( 111 ) ( 58 ) 6,923 Provision for (benefit from) income 1,308 ( 24 ) ( 12 ) 1,272 Net income (loss) $ 5,784 $ ( 87 ) $ ( 46 ) $ 5,651 Six months ended June 30, 2023 Bank VNB Trust & Masonry Consolidated Net interest income $ 27,116 $ - $ - $ 27,116 Recovery of credit losses 13 - - 13 Noninterest income 3,492 510 319 4,321 Noninterest expense 16,355 672 398 17,425 Income before income taxes 14,240 ( 162 ) ( 79 ) 13,999 Provision for income taxes 2,607 ( 34 ) ( 16 ) 2,557 Net income $ 11,633 $ ( 128 ) $ ( 63 ) $ 11,442

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Narrative) (Details)	Apr. 01, 2024
Summary of Significant Accounting Policies [Line Items]
Annual revenue share amount period	6 years

Recent Significant Accounting_2

Recent Significant Accounting Pronouncements (Narrative) (Details) - ASU 2023-02 [Member]	Jun. 30, 2024
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Change in Accounting Principle, Accounting Standards Update, Adopted [true false]	true
Change in Accounting Principle, Accounting Standards Update, Adoption Date	Jan. 01, 2024
Change in Accounting Principle, Accounting Standards Update, Immaterial Effect [true false]	true

Securities (Amortized Cost and

Securities (Amortized Cost and Fair Values of Securities Available for Sale) (Details)) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 339,114	$ 471,284
Gross Unrealized Gains	73	238
Gross Unrealized (Losses)	(54,489)	(50,927)
Available for Sale, Fair Value	284,698	420,595	[1]
U.S. Government Treasuries [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	11,495	122,288
Gross Unrealized Gains		35
Gross Unrealized (Losses)	(62)	(615)
Available for Sale, Fair Value	11,433	121,708
U.S. Government Agencies [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	32,055	45,131
Gross Unrealized (Losses)	(5,518)	(5,550)
Available for Sale, Fair Value	26,537	39,581
Mortgage-backed /CMOs [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	172,852	179,920
Gross Unrealized Gains	68	171
Gross Unrealized (Losses)	(26,835)	(24,947)
Available for Sale, Fair Value	146,085	155,144
Corporate Bonds [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	18,731	19,680
Gross Unrealized Gains		1
Gross Unrealized (Losses)	(487)	(552)
Available for Sale, Fair Value	18,244	19,129
Municipal Bonds [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	103,981	104,265
Gross Unrealized Gains	5	31
Gross Unrealized (Losses)	(21,587)	(19,263)
Available for Sale, Fair Value	$ 82,399	$ 85,033
[1] Derived from audited Consolidated Financial Statements

Securities (Narrative) (Details

Securities (Narrative) (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($) Item	Jun. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)
Schedule of Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, fair value	$ 278,496		$ 343,192
Number of securities designated as available for sale securities having unrealized loss | Item	274
Accrued interest receivable	$ 4,900
Unrealized loss of available for sale securities	54,489		50,927
Securities, allowance for credit losses	0		0
Proceeds from the sales of securities	39,600	$ 49,900
Available for sale securities pre-tax loss	4	$ 206
Restricted securities, at cost	6,667		8,385	[1]
Mortgage-backed Securities/CMOs [Member]
Schedule of Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, fair value	$ 139,131		150,045
Number of securities designated as available for sale securities having unrealized loss | Item	117
Unrealized loss of available for sale securities	$ 26,835		24,947
U.S. Government Agencies [Member]
Schedule of Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, fair value	$ 29,208		39,580
Number of securities designated as available for sale securities having unrealized loss | Item	19
Unrealized loss of available for sale securities	$ 5,518		5,550
Corporate Bonds [Member]
Schedule of Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, fair value	$ 18,244		19,129
Number of securities designated as available for sale securities having unrealized loss | Item	10
Unrealized loss of available for sale securities	$ 487		552
Treasury bond [Member]
Schedule of Investments [Line Items]
Number of securities designated as available for sale securities having unrealized loss | Item	2
Asset Pledged as Collateral without Right [Member] | Public Deposits [Member]
Schedule of Investments [Line Items]
Securities pledged to secure deposits and facilitate borrowing	$ 21,600		21,800
Municipal Bonds [Member]
Schedule of Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, fair value	$ 80,481		82,140
Number of securities designated as available for sale securities having unrealized loss | Item	126
Unrealized loss of available for sale securities	$ 21,587		$ 19,263
AFS Securities [Member]
Schedule of Investments [Line Items]
Accrued interest receivable	$ 1,700
[1] Derived from audited Consolidated Financial Statements

Securities (Schedule of Unreali

Securities (Schedule of Unrealized Losses) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Debt Securities, Available-for-sale [Line Items]
Continuous Unrealized Loss Position of Less Than 12 Months, Estimated Fair value	$ 939	$ 10,090
Continuous Unrealized Loss Position of Less Than 12 Months, Unrealized losses	(5)	(20)
Continuous Unrealized Loss Position of 12 Months or More, Estimated Fair value	277,557	333,102
Continuous Unrealized Loss Position of 12 Months or More, Unrealized losses	(54,484)	(50,907)
Total, Estimated Fair value	278,496	343,192
Total, Unrealized losses	(54,489)	(50,927)
U.S. Government Treasuries [Member]
Debt Securities, Available-for-sale [Line Items]
Continuous Unrealized Loss Position of 12 Months or More, Estimated Fair value	11,432	52,298
Continuous Unrealized Loss Position of 12 Months or More, Unrealized losses	(62)	(615)
Total, Estimated Fair value	11,432	52,298
Total, Unrealized losses	(62)	(615)
U.S. Government Agencies [Member]
Debt Securities, Available-for-sale [Line Items]
Continuous Unrealized Loss Position of Less Than 12 Months, Estimated Fair value		10,090
Continuous Unrealized Loss Position of Less Than 12 Months, Unrealized losses		(20)
Continuous Unrealized Loss Position of 12 Months or More, Estimated Fair value	29,208	29,490
Continuous Unrealized Loss Position of 12 Months or More, Unrealized losses	(5,518)	(5,530)
Total, Estimated Fair value	29,208	39,580
Total, Unrealized losses	(5,518)	(5,550)
Mortgage-backed /CMOs [Member]
Debt Securities, Available-for-sale [Line Items]
Continuous Unrealized Loss Position of 12 Months or More, Estimated Fair value	139,131	150,045
Continuous Unrealized Loss Position of 12 Months or More, Unrealized losses	(26,835)	(24,947)
Total, Estimated Fair value	139,131	150,045
Total, Unrealized losses	(26,835)	(24,947)
Corporate Bonds [Member]
Debt Securities, Available-for-sale [Line Items]
Continuous Unrealized Loss Position of 12 Months or More, Estimated Fair value	18,244	19,129
Continuous Unrealized Loss Position of 12 Months or More, Unrealized losses	(487)	(552)
Total, Estimated Fair value	18,244	19,129
Total, Unrealized losses	(487)	(552)
Municipal Bonds [Member]
Debt Securities, Available-for-sale [Line Items]
Continuous Unrealized Loss Position of Less Than 12 Months, Estimated Fair value	939
Continuous Unrealized Loss Position of Less Than 12 Months, Unrealized losses	(5)
Continuous Unrealized Loss Position of 12 Months or More, Estimated Fair value	79,542	82,140
Continuous Unrealized Loss Position of 12 Months or More, Unrealized losses	(21,582)	(19,263)
Total, Estimated Fair value	80,481	82,140
Total, Unrealized losses	$ (21,587)	$ (19,263)

Securities (Schedule of Amortiz

Securities (Schedule of Amortized Cost and Fair Values of Securities Available For Sale Based upon Contractual Maturities and by Major Investment Categories) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Amortized Cost
Amortized Cost	$ 339,114	$ 471,284
Fair Value
Total Securities Available for Sale	284,698
U.S. Government Treasuries [Member]
Amortized Cost
One year or less	11,495
Amortized Cost	11,495	122,288
Fair Value
One year or less	11,433
Total Securities Available for Sale	11,433
U.S. Government Agencies [Member]
Amortized Cost
After one year to five years	10,133
After five years to ten years	17,922
Ten years or more	4,000
Amortized Cost	32,055	45,131
Fair Value
After one year to five years	8,878
After five years to ten years	14,715
Ten years or more	2,944
Total Securities Available for Sale	26,537
Mortgage-backed /CMOs [Member]
Amortized Cost
One year or less	1,791
After one year to five years	3,275
After five years to ten years	5,891
Ten years or more	161,895
Amortized Cost	172,852	179,920
Fair Value
One year or less	1,773
After one year to five years	3,115
After five years to ten years	5,341
Ten years or more	135,856
Total Securities Available for Sale	146,085
Corporate Bonds [Member]
Amortized Cost
One year or less	4,953
After one year to five years	13,778
Amortized Cost	18,731	19,680
Fair Value
One year or less	4,871
After one year to five years	13,373
Total Securities Available for Sale	18,244
Municipal Bonds [Member]
Amortized Cost
One year or less	610
After one year to five years	3,202
After five years to ten years	22,892
Ten years or more	77,277
Amortized Cost	103,981	$ 104,265
Fair Value
One year or less	600
After one year to five years	3,093
After five years to ten years	20,791
Ten years or more	57,915
Total Securities Available for Sale	$ 82,399

Loans (Narrative) (Details)

Loans (Narrative) (Details) $ in Thousands	3 Months Ended	6 Months Ended	12 Months Ended
	Mar. 31, 2024 USD ($) Loan	Jun. 30, 2024 USD ($) Loan	Dec. 31, 2023 USD ($) Loan	Jun. 30, 2023 Loan	Apr. 01, 2021 USD ($)
Loans And Leases Receivable Disclosure [Line Items]
Accrued interest receivable		$ 4,900
Deposit account overdrafts		261	$ 252
Unamortized premium		8,700	4,600
Net deferred loan costs and fees		(2,500)	$ (2,500)
Due to collateral value shortfall		$ 4
Number of non accrual loans required allowance of credit loss | Loan		0	1
Number of loan modified for a borrower | Loan	1	0		0
Purchased Impaired Loan [Member] | Fauquier Bankshares, Inc [Member]
Loans And Leases Receivable Disclosure [Line Items]
Loan receivable at fair value net		$ 8,200			$ 23,100
1-4 Family Residential Mortgages [Member]
Loans And Leases Receivable Disclosure [Line Items]
Loan receivable experiencing financial difficulties	$ 703
Loan receivable experiencing financial difficulties, percentage on loans	0.002%

Loans (Schedule of Composition

Loans (Schedule of Composition of Loan Portfolio by Major Loan Classifications) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023		Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes receivable gross	$ 1,158,214		$ 1,092,665	[1]
Less: Allowance for credit losses	(8,028)	$ (8,289)	(8,395)	[1]	$ (5,552)
Notes receivable net	1,150,186		1,084,270	[1]
Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes receivable gross	222,677		152,517
Less: Allowance for credit losses	(655)	(176)	(193)		(194)
Real Estate Construction and Land [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes receivable gross	36,908		33,682
1-4 Family Residential Mortgages [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes receivable gross	307,055		317,558
Less: Allowance for credit losses	(2,154)	(1,487)	(1,492)		$ (1,618)
Commercial mortgages [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes receivable gross	553,455		550,867
Less: Allowance for credit losses	(3,545)	$ (5,292)	(5,261)
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes receivable gross	$ 38,119		$ 38,041
[1] Derived from audited Consolidated Financial Statements

Loans (Schedule of Aging of Pas

Loans (Schedule of Aging of Past Due Loans) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Financing Receivable Recorded Investment Past Due [Line Items]
90 Days Past Due and Accruing	$ 1,596	$ 879
Nonaccrual Loans	2,365	1,852
Total Loans	1,158,214	1,092,665	[1]
30-59 Days [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	3,596	8,811
60-89 Days [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	577	1,407
Current [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	1,150,080	1,079,716
Commercial [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
90 Days Past Due and Accruing	1,533	782
Total Loans	222,677	152,517
Commercial [Member] | 30-59 Days [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	2,582	378
Commercial [Member] | 60-89 Days [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	23	369
Commercial [Member] | Current [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	218,539	150,988
Real Estate Construction and Land [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Loans	36,908	33,682
Real Estate Construction and Land [Member] | 30-59 Days [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due		70
Real Estate Construction and Land [Member] | 60-89 Days [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due		37
Real Estate Construction and Land [Member] | Current [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	36,908	33,575
1-4 Family Residential Mortgages [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Nonaccrual Loans	2,008	1,438
Total Loans	307,055	317,558
1-4 Family Residential Mortgages [Member] | 30-59 Days [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	868	1,834
1-4 Family Residential Mortgages [Member] | 60-89 Days [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	433	860
1-4 Family Residential Mortgages [Member] | Current [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	303,746	313,426
Commercial Mortgages [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Nonaccrual Loans	357	414
Total Loans	553,455	550,867
Commercial Mortgages [Member] | 30-59 Days [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	0	6,304
Commercial Mortgages [Member] | Current [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	553,098	544,149
Consumer Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
90 Days Past Due and Accruing	63	97
Total Loans	38,119	38,041
Consumer Loans [Member] | 30-59 Days [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	146	225
Consumer Loans [Member] | 60-89 Days [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	121	141
Consumer Loans [Member] | Current [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	$ 37,789	$ 37,578
[1] Derived from audited Consolidated Financial Statements

Loans (Non-Accrual Loans by Loa

Loans (Non-Accrual Loans by Loan Classification) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Financing Receivable, Credit Quality Indicator [Line Items]
Nonaccrual Loans with No Allowance	$ 2,365	$ 1,797
Nonaccrual Loans with an Allowance		55
Nonaccrual loans, Total	2,365	1,852
Commercial Mortgages [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Nonaccrual Loans with No Allowance	357	414
Nonaccrual loans, Total	357	414
1-4 Family Residential Mortgages [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Nonaccrual Loans with No Allowance	2,008	1,383
Nonaccrual Loans with an Allowance		55
Nonaccrual loans, Total	$ 2,008	$ 1,438

Allowance for Credit Losses (Na

Allowance for Credit Losses (Narrative) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2024	Dec. 31, 2023
Financing Receivable, Credit Quality Indicator [Line Items]
Specific reserve for nonaccrual status			$ 4
Government-Guaranteed [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Increase in loan balances	$ 74,600	$ 130,200
Percentage of loan guaranteed by Government	100%

Allowance for Credit Losses (Su

Allowance for Credit Losses (Summary of Transactions in Allowance for Loan Losses by Major Loan Portfolio Segment) (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended			12 Months Ended
	Jun. 30, 2024	Mar. 31, 2024		Jun. 30, 2023	Jun. 30, 2024		Jun. 30, 2023	Dec. 31, 2023
Allowance for Loan Losses:
Beginning Balance	$ 8,289	$ 8,395	[1]		$ 8,395	[1]	$ 5,552	$ 5,552
Impact of ASC 326 adoption								2,491
Charge-offs	(175)	(184)						(721)
Recoveries	433	67						377
Provision for (recovery of) credit losses	(519)	11		$ 216	(508)		(19)	696
Ending Balance	8,028	8,289			8,028			8,395	[1]
Commercial Loans [Member]
Allowance for Loan Losses:
Beginning Balance	176	193			193		194	194
Impact of ASC 326 adoption								(11)
Charge-offs	(104)
Recoveries	382	13						168
Provision for (recovery of) credit losses	201	(30)						(158)
Ending Balance	655	176			655			193
Real Estate Construction and Land [Member]
Allowance for Loan Losses:
Beginning Balance	411	462			462		221	221
Impact of ASC 326 adoption								440
Provision for (recovery of) credit losses	275	(51)						(199)
Ending Balance	686	411			686			462
1-4 Family Residential Mortgages [Member]
Allowance for Loan Losses:
Beginning Balance	1,487	1,492			1,492		1,618	1,618
Impact of ASC 326 adoption								14
Recoveries	3	4						10
Provision for (recovery of) credit losses	664	(9)						(150)
Ending Balance	2,154	1,487			2,154			1,492
Commercial Mortgages [Member]
Allowance for Loan Losses:
Beginning Balance	5,292	5,261			5,261
Recoveries	1	1
Provision for (recovery of) credit losses	(1,748)	30
Ending Balance	3,545	5,292			3,545			5,261
Real Estate Mortgages [Member]
Allowance for Loan Losses:
Beginning Balance		5,261			5,261		2,820	2,820
Impact of ASC 326 adoption								1,577
Recoveries								42
Provision for (recovery of) credit losses								822
Ending Balance								5,261
Consumer Loans [Member]
Allowance for Loan Losses:
Beginning Balance	923	987			987		$ 699	699
Impact of ASC 326 adoption								471
Charge-offs	(71)	(184)						(721)
Recoveries	47	49						157
Provision for (recovery of) credit losses	89	71						381
Ending Balance	$ 988	$ 923			$ 988			$ 987
[1] Derived from audited Consolidated Financial Statements

Allowance for Credit Losses (_2

Allowance for Credit Losses (Summary of Provision (Recovery) for Credit Losses) (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended		12 Months Ended
	Jun. 30, 2024	Mar. 31, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Provision for credit losses:
Provision for (recovery of) loan losses	$ (519)	$ 11	$ 216	$ (508)	$ (19)	$ 696
Provision for unfunded commitments	181		45	148	32
Total	$ (338)		$ 261	$ (360)	$ 13

Allowance for Credit Losses - S

Allowance for Credit Losses - Summary of Amortized Cost Basis of Collateral Dependent Loans Individually Evaluated to Determine Expected Credit Losses, and Related ACL Allocated to Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023		Dec. 31, 2022
Financing Receivable, Allowance for Credit Loss [Line Items]
Real Estate Secured Loans	$ 1,158,214		$ 1,092,665	[1]
Allowance for Credit Losses - Loans	8,028	$ 8,289	8,395	[1]	$ 5,552
Collateral Dependent Loans [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Real Estate Secured Loans	2,365		1,852
Allowance for Credit Losses - Loans			4
Commercial real estate - non owner occupied [Member] | Collateral Dependent Loans [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Real Estate Secured Loans	357		414
Residential 1-4 family real estate [Member] | Collateral Dependent Loans [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Real Estate Secured Loans	$ 2,008		1,438
Allowance for Credit Losses - Loans			$ 4
[1] Derived from audited Consolidated Financial Statements

Allowance for Credit Losses (_3

Allowance for Credit Losses (Summary of Investment in Loans by Credit Quality Indicators by Year of Origination) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, Total	$ 1,158,214	$ 1,092,665	[1]
Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, Total	222,677	152,517
Commercial [Member] | Term Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, 2024/2023	57,370	85,529
Term Loans Amortized Cost Basis by Origination Year, 2023/2022	105,537	12,482
Term Loans Amortized Cost Basis by Origination Year, 2022/2021	12,165	2,713
Term Loans Amortized Cost Basis by Origination Year, 2021/2020	2,127	5,124
Term Loans Amortized Cost Basis by Origination Year, 2020/2019	3,964	7,174
Term Loans Amortized Cost Basis by Origination Year, Prior	24,593	17,164
Term Loans Amortized Cost Basis by Origination Year, Revolving Loans	16,913	21,864
Term Loans Amortized Cost Basis by Origination Year, Loans Converted to Term	8	467
Term Loans Amortized Cost Basis by Origination Year, Total	222,677	152,517
Current period gross write-off, 2022/2021	1
Current period gross write-off, 2020/2019	103
Current period gross write-off	104
Commercial [Member] | Pass [Member] | Term Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, 2024/2023	57,370	85,529
Term Loans Amortized Cost Basis by Origination Year, 2023/2022	105,537	12,344
Term Loans Amortized Cost Basis by Origination Year, 2022/2021	12,044	2,712
Term Loans Amortized Cost Basis by Origination Year, 2021/2020	2,127	4,989
Term Loans Amortized Cost Basis by Origination Year, 2020/2019	3,938	7,121
Term Loans Amortized Cost Basis by Origination Year, Prior	24,338	16,873
Term Loans Amortized Cost Basis by Origination Year, Revolving Loans	16,913	21,806
Term Loans Amortized Cost Basis by Origination Year, Loans Converted to Term		112
Term Loans Amortized Cost Basis by Origination Year, Total	222,267	151,486
Commercial [Member] | Watch [Member] | Term Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, 2023/2022		41
Term Loans Amortized Cost Basis by Origination Year, 2022/2021	37
Term Loans Amortized Cost Basis by Origination Year, Total	37	41
Commercial [Member] | Special Mention [Member] | Term Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, Prior	79	79
Term Loans Amortized Cost Basis by Origination Year, Revolving Loans	0	8
Term Loans Amortized Cost Basis by Origination Year, Loans Converted to Term	8
Term Loans Amortized Cost Basis by Origination Year, Total	87	87
Commercial [Member] | Substandard [Member] | Term Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, 2023/2022		97
Term Loans Amortized Cost Basis by Origination Year, 2022/2021	84	1
Term Loans Amortized Cost Basis by Origination Year, 2021/2020		135
Term Loans Amortized Cost Basis by Origination Year, 2020/2019	26	53
Term Loans Amortized Cost Basis by Origination Year, Prior	176	212
Term Loans Amortized Cost Basis by Origination Year, Revolving Loans	0	50
Term Loans Amortized Cost Basis by Origination Year, Loans Converted to Term		355
Term Loans Amortized Cost Basis by Origination Year, Total	286	903
Real Estate Construction and Land [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, Total	36,908	33,682
Real Estate Construction and Land [Member] | Term Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, 2024/2023	1,746	13,776
Term Loans Amortized Cost Basis by Origination Year, 2023/2022	16,209	11,748
Term Loans Amortized Cost Basis by Origination Year, 2022/2021	12,482	3,683
Term Loans Amortized Cost Basis by Origination Year, 2021/2020	2,605	1,717
Term Loans Amortized Cost Basis by Origination Year, 2020/2019	1,667	955
Term Loans Amortized Cost Basis by Origination Year, Prior	2,199	1,674
Term Loans Amortized Cost Basis by Origination Year, Revolving Loans		129
Term Loans Amortized Cost Basis by Origination Year, Total	36,908	33,682
Real Estate Construction and Land [Member] | Pass [Member] | Term Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, 2024/2023	1,746	12,425
Term Loans Amortized Cost Basis by Origination Year, 2023/2022	13,831	11,748
Term Loans Amortized Cost Basis by Origination Year, 2022/2021	12,482	3,683
Term Loans Amortized Cost Basis by Origination Year, 2021/2020	2,605	1,717
Term Loans Amortized Cost Basis by Origination Year, 2020/2019	1,667	955
Term Loans Amortized Cost Basis by Origination Year, Prior	1,883	1,293
Term Loans Amortized Cost Basis by Origination Year, Revolving Loans		129
Term Loans Amortized Cost Basis by Origination Year, Total	34,214	31,950
Real Estate Construction and Land [Member] | Watch [Member] | Term Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, 2023/2022	1,043
Term Loans Amortized Cost Basis by Origination Year, Prior	273	299
Term Loans Amortized Cost Basis by Origination Year, Total	1,316	299
Real Estate Construction and Land [Member] | Special Mention [Member] | Term Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, Prior		37
Term Loans Amortized Cost Basis by Origination Year, Total		37
Real Estate Construction and Land [Member] | Substandard [Member] | Term Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, 2024/2023		1,351
Term Loans Amortized Cost Basis by Origination Year, 2023/2022	1,335
Term Loans Amortized Cost Basis by Origination Year, Prior	43	45
Term Loans Amortized Cost Basis by Origination Year, Total	1,378	1,396
1-4 Family Residential Mortgages [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, Total	307,055	317,558
1-4 Family Residential Mortgages [Member] | Term Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, 2024/2023	6,262	19,482
Term Loans Amortized Cost Basis by Origination Year, 2023/2022	18,543	17,422
Term Loans Amortized Cost Basis by Origination Year, 2022/2021	15,504	57,453
Term Loans Amortized Cost Basis by Origination Year, 2021/2020	57,019	78,293
Term Loans Amortized Cost Basis by Origination Year, 2020/2019	75,038	25,366
Term Loans Amortized Cost Basis by Origination Year, Prior	114,509	96,670
Term Loans Amortized Cost Basis by Origination Year, Revolving Loans	19,315	22,210
Term Loans Amortized Cost Basis by Origination Year, Loans Converted to Term	865	662
Term Loans Amortized Cost Basis by Origination Year, Total	307,055	317,558
1-4 Family Residential Mortgages [Member] | Pass [Member] | Term Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, 2024/2023	6,262	19,482
Term Loans Amortized Cost Basis by Origination Year, 2023/2022	16,704	14,712
Term Loans Amortized Cost Basis by Origination Year, 2022/2021	13,032	54,066
Term Loans Amortized Cost Basis by Origination Year, 2021/2020	54,357	74,539
Term Loans Amortized Cost Basis by Origination Year, 2020/2019	73,140	24,999
Term Loans Amortized Cost Basis by Origination Year, Prior	102,513	85,836
Term Loans Amortized Cost Basis by Origination Year, Revolving Loans	18,261	20,571
Term Loans Amortized Cost Basis by Origination Year, Loans Converted to Term	300	524
Term Loans Amortized Cost Basis by Origination Year, Total	284,569	294,729
1-4 Family Residential Mortgages [Member] | Watch [Member] | Term Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, 2023/2022	1,839	1,621
Term Loans Amortized Cost Basis by Origination Year, 2022/2021	1,400	1,874
Term Loans Amortized Cost Basis by Origination Year, 2021/2020	1,852	602
Term Loans Amortized Cost Basis by Origination Year, 2020/2019	596
Term Loans Amortized Cost Basis by Origination Year, Prior	8,433	7,149
Term Loans Amortized Cost Basis by Origination Year, Revolving Loans	658	1,166
Term Loans Amortized Cost Basis by Origination Year, Loans Converted to Term	404
Term Loans Amortized Cost Basis by Origination Year, Total	15,182	12,412
1-4 Family Residential Mortgages [Member] | Special Mention [Member] | Term Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, 2023/2022		1,089
Term Loans Amortized Cost Basis by Origination Year, 2022/2021	1,072	1,458
Term Loans Amortized Cost Basis by Origination Year, 2021/2020		1,958
Term Loans Amortized Cost Basis by Origination Year, 2020/2019		270
Term Loans Amortized Cost Basis by Origination Year, Prior	1,571	1,591
Term Loans Amortized Cost Basis by Origination Year, Revolving Loans		78
Term Loans Amortized Cost Basis by Origination Year, Loans Converted to Term	60	138
Term Loans Amortized Cost Basis by Origination Year, Total	2,703	6,582
1-4 Family Residential Mortgages [Member] | Substandard [Member] | Term Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, 2022/2021		55
Term Loans Amortized Cost Basis by Origination Year, 2021/2020	810	1,194
Term Loans Amortized Cost Basis by Origination Year, 2020/2019	1,302	97
Term Loans Amortized Cost Basis by Origination Year, Prior	1,992	2,094
Term Loans Amortized Cost Basis by Origination Year, Revolving Loans	396	395
Term Loans Amortized Cost Basis by Origination Year, Loans Converted to Term	101
Term Loans Amortized Cost Basis by Origination Year, Total	4,601	3,835
Commercial Mortgages [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, Total	553,455	550,867
Commercial Mortgages [Member] | Term Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, 2024/2023	28,060	112,243
Term Loans Amortized Cost Basis by Origination Year, 2023/2022	106,613	41,433
Term Loans Amortized Cost Basis by Origination Year, 2022/2021	40,375	49,726
Term Loans Amortized Cost Basis by Origination Year, 2021/2020	48,772	104,681
Term Loans Amortized Cost Basis by Origination Year, 2020/2019	99,416	45,974
Term Loans Amortized Cost Basis by Origination Year, Prior	229,085	195,232
Term Loans Amortized Cost Basis by Origination Year, Revolving Loans	1,134	1,502
Term Loans Amortized Cost Basis by Origination Year, Loans Converted to Term		76
Term Loans Amortized Cost Basis by Origination Year, Total	553,455	550,867
Commercial Mortgages [Member] | Pass [Member] | Term Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, 2024/2023	28,060	112,093
Term Loans Amortized Cost Basis by Origination Year, 2023/2022	104,821	41,433
Term Loans Amortized Cost Basis by Origination Year, 2022/2021	39,316	46,315
Term Loans Amortized Cost Basis by Origination Year, 2021/2020	45,285	101,205
Term Loans Amortized Cost Basis by Origination Year, 2020/2019	88,199	45,809
Term Loans Amortized Cost Basis by Origination Year, Prior	207,911	171,184
Term Loans Amortized Cost Basis by Origination Year, Revolving Loans	1,134	1,502
Term Loans Amortized Cost Basis by Origination Year, Loans Converted to Term		76
Term Loans Amortized Cost Basis by Origination Year, Total	514,726	519,617
Commercial Mortgages [Member] | Watch [Member] | Term Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, 2023/2022	1,792
Term Loans Amortized Cost Basis by Origination Year, 2022/2021	1,059	1,196
Term Loans Amortized Cost Basis by Origination Year, 2021/2020	1,180	166
Term Loans Amortized Cost Basis by Origination Year, 2020/2019	6,349	165
Term Loans Amortized Cost Basis by Origination Year, Prior	11,133	14,188
Term Loans Amortized Cost Basis by Origination Year, Total	21,513	15,715
Commercial Mortgages [Member] | Special Mention [Member] | Term Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, 2022/2021		391
Term Loans Amortized Cost Basis by Origination Year, 2021/2020	520	278
Term Loans Amortized Cost Basis by Origination Year, 2020/2019	263
Term Loans Amortized Cost Basis by Origination Year, Prior	7,435	4,130
Term Loans Amortized Cost Basis by Origination Year, Total	8,218	4,799
Commercial Mortgages [Member] | Substandard [Member] | Term Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, 2024/2023		150
Term Loans Amortized Cost Basis by Origination Year, 2022/2021		1,824
Term Loans Amortized Cost Basis by Origination Year, 2021/2020	1,787	3,032
Term Loans Amortized Cost Basis by Origination Year, 2020/2019	4,605
Term Loans Amortized Cost Basis by Origination Year, Prior	2,606	5,730
Term Loans Amortized Cost Basis by Origination Year, Total	8,998	10,736
Consumer [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, Total	38,119	38,041
Consumer [Member] | Term Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, 2024/2023	141	1,150
Term Loans Amortized Cost Basis by Origination Year, 2023/2022	1,130	193
Term Loans Amortized Cost Basis by Origination Year, 2022/2021	174	427
Term Loans Amortized Cost Basis by Origination Year, 2021/2020	324	273
Term Loans Amortized Cost Basis by Origination Year, 2020/2019	211	124
Term Loans Amortized Cost Basis by Origination Year, Prior	21,206	21,158
Term Loans Amortized Cost Basis by Origination Year, Revolving Loans	14,933	14,711
Term Loans Amortized Cost Basis by Origination Year, Loans Converted to Term		5
Term Loans Amortized Cost Basis by Origination Year, Total	38,119	38,041
Current period gross write-off, 2022/2021		19
Current period gross write-off, 2021/2020		16
Current period gross write-off, 2020/2019	4	28
Current period gross write-off, Prior	251	654
Current period gross write-off, Revolving Loans		4
Current period gross write-off	255	721
Consumer [Member] | Pass [Member] | Term Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, 2024/2023	129	1,149
Term Loans Amortized Cost Basis by Origination Year, 2023/2022	1,129	193
Term Loans Amortized Cost Basis by Origination Year, 2022/2021	174	420
Term Loans Amortized Cost Basis by Origination Year, 2021/2020	317	273
Term Loans Amortized Cost Basis by Origination Year, 2020/2019	211	107
Term Loans Amortized Cost Basis by Origination Year, Prior	20,872	20,836
Term Loans Amortized Cost Basis by Origination Year, Revolving Loans	14,931	14,710
Term Loans Amortized Cost Basis by Origination Year, Total	37,763	37,688
Consumer [Member] | Watch [Member] | Term Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, 2022/2021		7
Term Loans Amortized Cost Basis by Origination Year, 2021/2020	7
Term Loans Amortized Cost Basis by Origination Year, 2020/2019		9
Term Loans Amortized Cost Basis by Origination Year, Prior	147	190
Term Loans Amortized Cost Basis by Origination Year, Total	154	206
Consumer [Member] | Special Mention [Member] | Term Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, Prior	124	132
Term Loans Amortized Cost Basis by Origination Year, Revolving Loans	1	1
Term Loans Amortized Cost Basis by Origination Year, Loans Converted to Term		5
Term Loans Amortized Cost Basis by Origination Year, Total	125	138
Consumer [Member] | Substandard [Member] | Term Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Term Loans Amortized Cost Basis by Origination Year, 2024/2023	12	1
Term Loans Amortized Cost Basis by Origination Year, 2023/2022	1
Term Loans Amortized Cost Basis by Origination Year, 2020/2019		8
Term Loans Amortized Cost Basis by Origination Year, Prior	63
Term Loans Amortized Cost Basis by Origination Year, Revolving Loans	1
Term Loans Amortized Cost Basis by Origination Year, Total	$ 77	$ 9
[1] Derived from audited Consolidated Financial Statements

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 7,768	$ 7,800	$ 7,768	$ 7,800	$ 7,768	[1]
Other intangible assets	4,400	5,800	4,400	5,800	$ 5,100
Amortization of intangible assets	$ 332	$ 379	$ 675	$ 770
[1] Derived from audited Consolidated Financial Statements

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Schedule of Gross Carrying Amounts and Accumulated Amortization of Other Intangible Assets (Details) - Core Deposit [Member] - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023
Schedule Of Finite And Indefinite Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 9,660	$ 9,660	$ 9,660
Accumulated Amortization	$ (5,242)	$ (4,567)	$ (3,465)

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets - Schedule of Estimated Future Amortization Expense (Details) - Core Deposit Intangible [Member] $ in Thousands	Jun. 30, 2024 USD ($)
Schedule of Estimated Future Amortization Expense [Line Items]
For the six months ending December 31, 2024	$ 627
For the year ending December 31, 2025	1,110
For the year ending December 31, 2026	918
For the year ending December 31, 2027	726
For the year ending December 31, 2028	535
Thereafter	502
Finite-Lived Intangible Assets, Net, Total	$ 4,418

Leases (Narrative) (Details)

Leases (Narrative) (Details)	6 Months Ended
	Jun. 30, 2024
Leases [Abstract]
Lessee, operating lease, existence of option to extend	true
Lease term	12 months

Leases (Schedule of Lease Liabi

Leases (Schedule of Lease Liability, Right-of-use Asset, Weighted Average Remaining Lease Term and Discount Rate) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Leases [Abstract]
Lease liability	$ 6,102	$ 6,504
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	us-gaap:OtherLiabilities	us-gaap:OtherLiabilities
Right-of-use asset	$ 6,287	$ 6,748	[1]
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other Assets	Other Assets
Weighted average remaining lease term	4 years 10 months 13 days	4 years 8 months 15 days
Weighted average discount rate	2.71%	2.28%
[1] Derived from audited Consolidated Financial Statements

Leases (Schedule of Operating L

Leases (Schedule of Operating Lease Expense) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Leases [Abstract]
Operating lease cost	$ 412	$ 395	$ 841	$ 906
Short-term lease expense	18	81	30	204
Total lease expense	430	476	871	1,110
Cash paid for amounts included in lease liabilities	$ 395	$ 336	$ 783	$ 848

Leases (Schedule of Operating_2

Leases (Schedule of Operating Lease Liabilities and Reconciliation of Undiscounted Cash Flows) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Six months ending December 31, 2024	$ 799
Twelve months ending December 31, 2025	1,497
Twelve months ending December 31, 2026	1,158
Twelve months ending December 31, 2027	1,063
Twelve months ending December 31, 2028	942
Thereafter	1,195
Total undiscounted cash flows	6,654
Less: Discount	(552)
Lease liability	$ 6,102	$ 6,504

Net Income Per Share (Schedule

Net Income Per Share (Schedule of Weighted Average Number of Shares) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2024	Mar. 31, 2024	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2024	Jun. 30, 2023
Basic net income per share
Net income	$ 4,159	$ 3,646	$ 5,651	$ 5,791	$ 7,805	$ 11,442
Basic, Weighted Average Shares	5,377,055		5,357,873		5,371,972	5,348,040
Basic, Per Share Amount	$ 0.77		$ 1.05		$ 1.45	$ 2.14
Effect of dilutive stock options, Weighted Average Shares	8,715		17,200		11,008	27,505
Effect of dilutive stock options, Per Share Amount						$ (0.01)
Diluted net income per share
Net income	$ 4,159	$ 3,646	$ 5,651	$ 5,791	$ 7,805	$ 11,442
Diluted, Weighted Average Shares	5,385,770		5,375,073		5,382,980	5,375,545
Diluted, Per Share Amount	$ 0.77		$ 1.05		$ 1.45	$ 2.13

Net Income Per Share (Narrative

Net Income Per Share (Narrative) (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Equity Option [Member]
Earnings Per Share [Line Items]
Securities considered to be anti-dilutive and excluded from earnings per share calculation	149,001	105,501	149,001	105,501

Stock Incentive Plans (Plan dur

Stock Incentive Plans (Plan duration - Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2024	Mar. 31, 2024	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2024	Jun. 30, 2023	Jun. 23, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock grant expense					$ 388	$ 231
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 35		$ 68		58	$ 110
Unrecognized compensation expense related to the non-vested awards	$ 382				$ 382
Unrecognized compensation expense related to the non-vested awards, final year of recognition					2028
Option Issued	32,900	8,400	3,600	0	41,300
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense related to the non-vested awards	$ 2,100				$ 2,100
Unrecognized compensation expense related to the non-vested awards, final year of recognition					2028
Stock grants awarded					25,280
Stock grant expense					$ 388
Restricted Stock [Member] | Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock grants awarded					25,280
Restricted Stock [Member] | Non Employee Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock grants awarded					25,280
Restricted Stock [Member] | Employee And Non Employee Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period					4 years
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Plan duration					10 years
2022 Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock authorized for issuance	150,000				150,000		150,000
Common stock available for grant	61,088				61,088
Percentage of common stock authorized for issuance					95%
2014 Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock authorized for issuance	275,625				275,625
Common stock available for grant	0				0		0
2005 Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock authorized for issuance	253,575				253,575
Common stock available for grant	0				0		0

Stock Incentive Plans (Summary

Stock Incentive Plans (Summary of Shares Issued and Available Under Each Plans) (Details) - $ / shares	6 Months Ended
	Jun. 30, 2024	Jun. 23, 2022
2022 Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate shares issuable	150,000	150,000
Options issued, net of forfeited and expired options	(44,700)
Remaining available for grant	61,088
Total vested and unvested shares	44,212
Fully vested shares	4,733
2022 Stock Plan [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock grants issued	(44,212)
2022 Stock Plan [Member] | Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total vested and unvested shares	44,700
2022 Stock Plan [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price range	$ 28.82
2022 Stock Plan [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price range	$ 33.2
2014 Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate shares issuable	275,625
Options issued, net of forfeited and expired options	(174,006)
Cancelled due to Plan expiration	(6,331)
Remaining available for grant	0	0
Total vested and unvested shares	95,888
Fully vested shares	67,054
2014 Stock Plan [Member] | Unrestricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock grants issued	(11,635)
2014 Stock Plan [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock grants issued	(83,653)
2014 Stock Plan [Member] | Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total vested and unvested shares	169,301
Fully vested shares	129,220
2014 Stock Plan [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price range	$ 23.75
2014 Stock Plan [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price range	$ 42.62
2005 Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate shares issuable	253,575
Options issued, net of forfeited and expired options	(59,870)
Cancelled due to Plan expiration	(193,705)
Remaining available for grant	0	0

Stock Incentive Plans (Changes

Stock Incentive Plans (Changes in the Stock Options Outstanding) (Details) - Employee Stock Option [Member] - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2024	Mar. 31, 2024	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2024
Number of Options
Outstanding, at the beginning		174,201			174,201
Issued	32,900	8,400	3,600	0	41,300
Forfeited					(1,500)
Outstanding, at the end	214,001				214,001
Options Exercisable	129,220				129,220
Weighted Average Exercise Price
Outstanding, at the beginning		$ 33.94			$ 33.94
Issued					28.98
Forfeited					35.35
Outstanding, at the end	$ 32.97				32.97
Exercisable	$ 35.48				$ 35.48
Aggregate Intrinsic Value
Outstanding, Aggregate Intrinsic Value	$ 709				$ 709
Exercisable	$ 350				$ 350

Stock Incentive Plans (Summar_2

Stock Incentive Plans (Summary Information Pertaining to Options Outstanding) (Details)	6 Months Ended
	Jun. 30, 2024 $ / shares shares
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Options Outstanding | shares	214,001
Weighted-Average Remaining Contractual Life	6 years 3 months 18 days
Weighted Average Exercise Price	$ 32.97
Options Exercisable | shares	129,220
Weighted-Average Exercise Price	$ 35.48
$20.01 to $30.00 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise Price, Minimum	20.01
Exercise Price, Maximum	$ 30
Options Outstanding | shares	101,300
Weighted-Average Remaining Contractual Life	7 years 4 months 24 days
Weighted Average Exercise Price	$ 25.85
Options Exercisable | shares	43,800
Weighted-Average Exercise Price	$ 24.82
$30.01 to $40.00 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise Price, Minimum	30.01
Exercise Price, Maximum	$ 40
Options Outstanding | shares	55,220
Weighted-Average Remaining Contractual Life	6 years 10 months 24 days
Weighted Average Exercise Price	$ 36
Options Exercisable | shares	27,940
Weighted-Average Exercise Price	$ 37.51
$40.01 to $42.62 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise Price, Minimum	40.01
Exercise Price, Maximum	$ 42.62
Options Outstanding | shares	57,481
Weighted-Average Remaining Contractual Life	3 years 10 months 24 days
Weighted Average Exercise Price	$ 42.62
Options Exercisable | shares	57,480
Weighted-Average Exercise Price	$ 42.62

Stock Incentive Plans (Change_2

Stock Incentive Plans (Changes in the Restricted Stock Grants Outstanding) (Details) - Restricted Stock [Member] $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($) $ / shares shares
Number of Shares/Options
Non-vested Outstanding, at the beginning | shares	62,721
Issued | shares	25,280
Vested | shares	(19,688)
Forfeited | shares	0
Non-vested Outstanding, at the end | shares	68,313
Weighted Average Grant Date Fair Value Per Share/Exercise Price
Non-vested Outstanding, at the beginning | $ / shares	$ 32.56
Issued | $ / shares	30.05
Vested | $ / shares	31.21
Forfeited | $ / shares	0
Non-vested Outstanding, at the end | $ / shares	$ 32.02
Aggregate Intrinsic Value
Non-vested Outstanding, at the beginning | $	$ 2,057
Issued | $	829
Vested | $	(646)
Forfeited | $	0
Non-vested Outstanding, Aggregate Intrinsic Value | $	$ 2,240

Fair Value Measurements (Assets

Fair Value Measurements (Assets Measured at Fair Value on Recurring Basis) (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	$ 284,698	$ 420,595
Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	284,698	420,595
U.S. Government Treasuries [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	11,433	121,708
U.S. Government Treasuries [Member] | Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	11,433	121,708
U.S. Government Agencies [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	26,537	39,581
U.S. Government Agencies [Member] | Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	26,537	39,581
Mortgage-backed /CMOs [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	146,085	155,144
Mortgage-backed /CMOs [Member] | Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	146,085	155,144
Corporate Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	18,244	19,129
Corporate Bonds [Member] | Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	18,244	19,129
Municipal Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	82,399	85,033
Municipal Bonds [Member] | Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	$ 82,399	$ 85,033

Fair Value Measurements (Asse_2

Fair Value Measurements (Assets Measured at Fair Value on Nonrecurring Basis) (Details) - Fair Value, Nonrecurring [Member] - Individually Evaluated Loans [Member] $ in Thousands	Dec. 31, 2023 USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	$ 461
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	$ 461

Fair Value Measurements (Quanti

Fair Value Measurements (Quantitative Information About Level 3 Fair Value Measurements) (Details) - Market Comparables [Member] - Individually Evaluated Loans [Member] - Fair Value, Nonrecurring [Member] - Significant Unobservable Inputs (Level 3) [Member]	12 Months Ended
	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unobservable Inputs	Discount applied to recent appraisal
Discount Rate	20

Fair Value Measurements (Carryi

Fair Value Measurements (Carrying Values and Estimated Fair Values of Financial Instruments) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Assets
Restricted securities	$ 6,667	$ 8,385	[1]
Fair Value, Nonrecurring [Member] | Carrying Value [Member]
Assets
Cash and cash equivalent	17,300	28,390
Available for sale securities	284,698	420,595
Restricted securities	6,667	8,385
Loans, net	1,150,186	1,084,270
Bank owned life insurance	39,468	38,904
Accrued interest receivable	6,579	6,179
Liabilities
Demand deposits and interest-bearing transaction, money market, and savings accounts	1,038,351	1,090,517
Certificates of deposit	335,490	318,581
Federal funds purchased	2,438	3,462
Borrowings	30,000	66,500
Junior subordinated debt, net	3,483	3,459
Accrued interest payable	2,122	2,143
Fair Value, Nonrecurring [Member] | Fair Value [Member]
Assets
Cash and cash equivalent	17,300	28,390
Available for sale securities	284,698	420,595
Restricted securities	6,667	8,385
Loans, net	1,084,432	1,029,359
Bank owned life insurance	39,468	38,904
Accrued interest receivable	6,579	6,179
Liabilities
Demand deposits and interest-bearing transaction, money market, and savings accounts	1,038,351	1,090,517
Certificates of deposit	335,282	318,768
Federal funds purchased	2,438	3,462
Borrowings	30,072	66,360
Junior subordinated debt, net	3,483	3,459
Accrued interest payable	2,122	2,143
Fair Value, Nonrecurring [Member] | Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets
Cash and cash equivalent	17,300	28,390
Liabilities
Federal funds purchased		3,462
Fair Value, Nonrecurring [Member] | Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets
Available for sale securities	284,698	420,595
Restricted securities	6,667	8,385
Bank owned life insurance	39,468	38,904
Accrued interest receivable	1,716	1,916
Liabilities
Demand deposits and interest-bearing transaction, money market, and savings accounts	1,038,351	1,090,517
Certificates of deposit	335,282	318,768
Federal funds purchased	2,438
Borrowings	30,072	66,360
Junior subordinated debt, net	3,483	3,459
Accrued interest payable	2,122	2,143
Fair Value, Nonrecurring [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets
Loans, net	1,084,432	1,029,359
Accrued interest receivable	$ 4,863	$ 4,263
[1] Derived from audited Consolidated Financial Statements

Other Comprehensive Income (L_3

Other Comprehensive Income (Loss) - Schedule of Component of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024		Jun. 30, 2023
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), Beginning Balance	$ (40,044)	[1]	$ (48,624)
Other comprehensive income (loss) arising during the period	(3,730)		3,601
Related income tax effects	783		(757)
Total other comprehensive loss before reclassification	(2,947)		2,844
Reclassification into net income	4		(254)
Related income tax effects	(1)		54
Reclassification into net income net of tax	3		(200)
Accumulated other comprehensive income (loss), Ending Balance	(42,988)		(45,980)
Interest Rate Swap [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), Beginning Balance			400
Other comprehensive income (loss) arising during the period			(46)
Related income tax effects			9
Total other comprehensive loss before reclassification			(37)
Reclassification into net income			(460)
Related income tax effects			97
Reclassification into net income net of tax			(363)
AFS Securities [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), Beginning Balance	(40,044)		(49,024)
Other comprehensive income (loss) arising during the period	(3,730)		3,647
Related income tax effects	783		(766)
Total other comprehensive loss before reclassification	(2,947)		2,881
Reclassification into net income	4		206
Related income tax effects	(1)		(43)
Reclassification into net income net of tax	3		163
Accumulated other comprehensive income (loss), Ending Balance	$ (42,988)		$ (45,980)
[1] Derived from audited Consolidated Financial Statements

Segment Reporting (Narrative) (

Segment Reporting (Narrative) (Details) - Item		6 Months Ended
	Apr. 01, 2024	Jun. 30, 2024
Segment Reporting Information [Line Items]
Number of reportable segments		3
Annual revenue share amount period	6 years

Segment Reporting (Schedule of

Segment Reporting (Schedule of Segment Reporting Information) (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2024	Mar. 31, 2024	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2024	Jun. 30, 2023
Segment Reporting Information [Line Items]
Net interest income	$ 11,181		$ 13,703		$ 22,117	$ 27,116
Provision for (recovery of) credit losses	(338)		261		(360)	13
Noninterest income	1,691		2,045		3,869	4,321
Noninterest expense	8,122		8,564		16,941	17,425
Income before income taxes	5,088		6,923		9,405	13,999
Provision for (benefit from) income taxes	929		1,272		1,600	2,557
Net income	4,159	$ 3,646	5,651	$ 5,791	7,805	11,442
Bank [Member]
Segment Reporting Information [Line Items]
Net interest income	11,181		13,703		22,117	27,116
Provision for (recovery of) credit losses	(338)		261		(360)	13
Noninterest income	1,452		1,637		3,136	3,492
Noninterest expense	7,814		7,987		16,084	16,355
Income before income taxes	5,157		7,092		9,529	14,240
Provision for (benefit from) income taxes	943		1,308		1,626	2,607
Net income	4,214		5,784		7,903	11,633
VNB Trust & Estate Services [Member]
Segment Reporting Information [Line Items]
Noninterest income	239		250		543	510
Noninterest expense	308		361		657	672
Income before income taxes	(69)		(111)		(114)	(162)
Provision for (benefit from) income taxes	(14)		(24)		(24)	(34)
Net income	$ (55)		(87)		(90)	(128)
Masonry Capital [Member]
Segment Reporting Information [Line Items]
Noninterest income			158		190	319
Noninterest expense			216		200	398
Income before income taxes			(58)		(10)	(79)
Provision for (benefit from) income taxes			(12)		(2)	(16)
Net income			$ (46)		$ (8)	$ (63)

Sale of Masonry Capital Manag_2

Sale of Masonry Capital Management, LLC (Narrative) (Details)	Apr. 01, 2024
Sale of Masonry Capital Management LLC [Line Items]
Annual revenue share amount period	6 years

Share Repurchase Plan (Narrativ

Share Repurchase Plan (Narrative) (Details) - $ / shares	3 Months Ended	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2024
Equity, Class of Treasury Stock [Line Items]
Share repurchased		20,350
Average Price		$ 27.42
Percentage of Common stock outstanding percentage	5%