CB Financial Services (CBFV) 10-Q 10 May 21 2021 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Mar. 31, 2021	May 10, 2021
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2021
Document Transition Report	false
Entity File Number	001-36706
Entity Registrant Name	CB FINANCIAL SERVICES, INC.
Entity Incorporation, State or Country Code	PA
Entity Tax Identification Number	51-0534721
Entity Address, Address Line One	100 N. Market Street
Entity Address, City or Town	Carmichaels
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	15320
City Area Code	724
Local Phone Number	966-5041
Title of 12(b) Security	Common stock, par value $0.4167 per share
Trading Symbol	CBFV
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		5,434,374
Entity Central Index Key	0001605301
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q1
Amendment Flag	false

CONSOLIDATED STATEMENTS OF FINA

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Cash and Due From Banks:
Interest Bearing	$ 216,753	$ 145,636
Non-Interest Bearing	13,247	15,275
Total Cash and Due From Banks	230,000	160,911
Securities:
Available-for-Sale Debt Securities, at Fair Value	139,406	142,897
Equity Securities, at Fair Value	2,750	2,503
Total Securities	142,156	145,400
Loans, Net of Allowance for Loan Losses of $12,725 and $12,771 at March 31, 2021 and December 31, 2020, Respectively	1,028,972	1,031,982
Premises and Equipment, Net	20,240	20,302
Bank-Owned Life Insurance	24,916	24,779
Goodwill	9,732	9,732
Intangible Assets, Net	7,867	8,399
Accrued Interest Receivable and Other Assets	12,938	15,215
TOTAL ASSETS	1,476,821	1,416,720
Deposits:
Non-Interest Bearing Demand Deposits	377,137	340,569
NOW Accounts	280,929	259,870
Money Market Accounts	198,975	199,029
Savings Accounts	246,725	235,088
Time Deposits	180,697	190,013
Total Deposits	1,284,463	1,224,569
Short-Term Borrowings	45,352	41,055
Other Borrowings	6,000	8,000
Accrued Interest Payable and Other Liabilities	7,230	8,566
TOTAL LIABILITIES	1,343,045	1,282,190
STOCKHOLDERS' EQUITY
Preferred Stock, No Par Value; 5,000,000 Shares Authorized	0	0
Common Stock, $0.4167 Par Value; 35,000,000 Shares Authorized, 5,680,993 Shares Issued and 5,434,374 and 5,434,374 Shares Outstanding at March 31, 2021 and December 31, 2020, Respectively	2,367	2,367
Capital Surplus	82,844	82,723
Retained Earnings	52,673	51,132
Treasury Stock, at Cost (246,619 and 246,619 Shares at March 31, 2021 and December 31, 2020, Respectively)	(5,094)	(5,094)
Accumulated Other Comprehensive Income	986	3,402
TOTAL STOCKHOLDERS' EQUITY	133,776	134,530
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,476,821	$ 1,416,720

CONSOLIDATED STATEMENTS OF FI_2

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Allowance for Loan Losses	$ 12,725	$ 12,771
Preferred stock, share authorized (in shares)	5,000,000	5,000,000
Common stock, par value (in dollars per share)	$ 0.4167	$ 0.4167
Common stock, shares authorized (in shares)	35,000,000	35,000,000
Common stock, shares issued (in shares)	5,680,993	5,680,993
Common stock, shares outstanding (in shares)	5,434,374	5,434,374
Treasury stock, at cost (in shares)	246,619	246,619

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
INTEREST AND DIVIDEND INCOME
Loans, Including Fees	$ 10,146	$ 10,764
Investment Securities:
Taxable	646	1,201
Tax-Exempt	78	106
Dividends	20	20
Other Interest and Dividend Income	98	238
TOTAL INTEREST AND DIVIDEND INCOME	10,988	12,329
INTEREST EXPENSE
Deposits	947	1,681
Short-Term Borrowings	23	45
Other Borrowings	41	70
TOTAL INTEREST EXPENSE	1,011	1,796
NET INTEREST AND DIVIDEND INCOME	9,977	10,533
Provision for Loan Losses	0	2,500
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	9,977	8,033
NONINTEREST INCOME
Net Gain on Sales of Loans	86	127
Net Gain (Loss) on Securities	447	(438)
Net Gain on Purchased Tax Credits	18	15
Net Gain on Disposal of Fixed Assets	0	17
Income from Bank-Owned Life Insurance	137	139
Other Income	180	14
TOTAL NONINTEREST INCOME	3,174	1,872
NONINTEREST EXPENSE
Salaries and Employee Benefits	4,894	4,731
Occupancy	710	733
Equipment	266	257
Data Processing	518	425
FDIC Assessment	250	158
PA Shares Tax	265	275
Contracted Services	687	378
Legal and Professional Fees	189	235
Advertising	140	183
Other Real Estate Owned Income	(38)	(17)
Amortization of Intangible Assets	532	532
Other Expense	982	1,113
TOTAL NONINTEREST EXPENSE	9,395	9,003
Income Before Income Tax Expense	3,756	902
Income Tax Expense	911	129
NET INCOME	$ 2,845	$ 773
EARNINGS PER SHARE
Basic (in dollars per share)	$ 0.52	$ 0.14
Diluted (in dollars per share)	$ 0.52	$ 0.14
WEIGHTED AVERAGE SHARES OUTSTANDING
Basic (in shares)	5,434,374	5,431,199
Diluted (in shares)	5,436,881	5,456,867
Service Fees
NONINTEREST INCOME
Revenue from contract with customer, excluding assessed tax	$ 546	$ 605
Insurance Commissions
NONINTEREST INCOME
Revenue from contract with customer, excluding assessed tax	1,595	1,283
Other Commissions
NONINTEREST INCOME
Revenue from contract with customer, excluding assessed tax	$ 165	$ 110

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2021	Mar. 31, 2020
Statement of Comprehensive Income [Abstract]
Net Income		$ 2,845	$ 773
Other Comprehensive (Loss) Income:
Change in Unrealized (Loss) Gain on Investment Securities Available-for-Sale		(2,851)	3,518
Income Tax Effect		612	(739)
Reclassification Adjustment for (Gain) Loss on Sale of Investment Securities Included in Net (Loss) Income	[1]	(225)	0
Income Tax Effect	[2]	48	0
Other Comprehensive (Loss) Income, Net of Income Tax Effect		(2,416)	2,779
Total Comprehensive Income		$ 429	$ 3,552
[1]	Reported in Net Gain (Loss) on Securities on the Consolidated Statements of Income.
[2]	Reported in Income Tax Expense on the Consolidated Statements of Income.

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (UNAUDITED) - USD ($) $ in Thousands	Total	Common Stock	Capital Surplus	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Dec. 31, 2019		5,680,993
Beginning balance at Dec. 31, 2019	$ 151,097	$ 2,367	$ 82,971	$ 66,955	$ (3,842)	$ 2,646
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	773			773
Other Comprehensive Income (Loss)	2,779					2,779
Restricted Stock Awards Forfeited	0		96		(96)
Stock-Based Compensation Expense	145		145
Exercise of Stock Options	(64)		4		(68)
Treasury Stock Purchased, at cost (67,816 shares)	(1,908)				(1,908)
Dividends Paid	(1,297)			(1,297)
Ending balance (in shares) at Mar. 31, 2020		5,680,993
Ending balance at Mar. 31, 2020	151,525	$ 2,367	83,216	66,431	(5,914)	5,425
Beginning balance (in shares) at Dec. 31, 2020		5,680,993
Beginning balance at Dec. 31, 2020	134,530	$ 2,367	82,723	51,132	(5,094)	3,402
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	2,845			2,845
Other Comprehensive Income (Loss)	(2,416)					(2,416)
Stock-Based Compensation Expense	121		121
Dividends Paid	(1,304)			(1,304)
Ending balance (in shares) at Mar. 31, 2021		5,680,993
Ending balance at Mar. 31, 2021	$ 133,776	$ 2,367	$ 82,844	$ 52,673	$ (5,094)	$ 986

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (UNAUDITED) (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Statement of Stockholders' Equity [Abstract]
Purchase of common stock (in shares)		67,816
Dividends paid, per share (in dollars per share)	$ 0.24	$ 0.24

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
OPERATING ACTIVITIES
Net Income	$ 2,845	$ 773
Adjustments to Reconcile Net Income to Net Cash Provided By Operating Activities
Amortization (Accretion) on Securities	31	(70)
Depreciation and Amortization	562	941
Provision for Loan Losses	0	2,500
(Gain) Loss on Securities	(447)	438
Gain on Purchased Tax Credits	(18)	(15)
Income from Bank-Owned Life Insurance	(137)	(139)
Proceeds From Mortgage Loans Sold	2,251	4,771
Originations of Mortgage Loans for Sale	(2,165)	(4,644)
Gain on Sale of Loans	(86)	(127)
Gain on Sale of Other Real Estate Owned and Repossessed Assets	0	(4)
Noncash Expense for Stock-Based Compensation	121	145
Decrease in Accrued Interest Receivable	134	23
Net Gain on Disposal of Fixed Assets	0	(17)
Increase (Decrease) in Taxes Payable	893	(1,165)
Payments on Operating Leases	(88)	(110)
Decrease in Accrued Interest Payable	(141)	(124)
Refund of Federal and State Income Taxes	1,311	0
Other, Net	(597)	414
NET CASH PROVIDED BY OPERATING ACTIVITIES	4,469	3,590
Investment Securities Available for Sale:
Proceeds From Principal Repayments and Maturities	10,953	46,498
Purchases of Securities	(22,299)	(19,824)
Proceeds from Sale of Securities	11,930	0
Net Decrease (Increase) in Loans	3,148	(18,861)
Purchase of Premises and Equipment	(199)	(17)
Proceeds From Sale of Other Real Estate Owned	0	22
Decrease in Restricted Equity Securities	200	66
NET CASH PROVIDED BY INVESTING ACTIVITIES	3,733	7,884
FINANCING ACTIVITIES
Net Increase (Decrease) in Deposits	59,894	(11,719)
Net Increase in Short-Term Borrowings	4,297	4,396
Principal Payments on Other Borrowed Funds	(2,000)	(3,000)
Cash Dividends Paid	(1,304)	(1,297)
Treasury Stock, Purchases at Cost	0	(1,908)
Exercise of Stock Options	0	(64)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	60,887	(13,592)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	69,089	(2,118)
CASH AND DUE FROM BANKS AT BEGINNING OF YEAR	160,911	80,217
CASH AND DUE FROM BANKS AT END OF PERIOD	230,000	78,099
Cash Paid For:
Interest on Deposits and Borrowings (Including Interest Credited to Deposits of $1,084 and $1,799, Respectively)	1,153	1,920
SUPPLEMENTAL NONCASH DISCLOSURE:
Other Real Estate Acquired in Settlement of Loans	0	76
Securities Sold Not Settled	0	2,450
Right of Use Asset Recognized	0	23
Lease Liability Recognized	$ 0	$ 23

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Statement of Cash Flows [Abstract]
Interest credit to deposit accounts	$ 1,084	$ 1,799

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Principles of Consolidation and Basis of Presentation The accompanying consolidated financial statements include the accounts of CB Financial Services, Inc. (“CB Financial”) and its wholly owned subsidiary, Community Bank (the “Bank”), and the Bank’s wholly-owned subsidiary, Exchange Underwriters, Inc. (“Exchange Underwriters” or “EU”). CB Financial, the Bank and Exchange Underwriters are collectively referred to as the “Company”. All intercompany transactions and balances have been eliminated in consolidation. The accompanying unaudited interim financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) and in conformity with accounting principles generally accepted in the United States of America (“GAAP”). Certain information and note disclosures normally included in annual financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to those rules and regulations, although the Company believes that the disclosures made are adequate to make the information not misleading in any material respect. In preparing financial statements in conformity with GAAP, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and income and expenses during the reporting period. Actual results could differ significantly from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to determination of the allowance for losses on loans, the valuation of real estate acquired in connection with foreclosures or in satisfaction of loans, evaluation of securities for other-than-temporary impairment including related cash flow projections, goodwill and intangible assets impairment, and the valuation of deferred tax assets. In the opinion of management, the accompanying unaudited interim financial statements include all adjustments considered necessary for a fair presentation of the Company’s financial position and results of operations at the dates and for the periods presented. All these adjustments are of a normal, recurring nature, and they are the only adjustments included in the accompanying unaudited interim financial statements. These interim consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020. Interim results are not necessarily indicative of results for a full year. The Company evaluated subsequent events through the date the consolidated financial statements were filed with the SEC and incorporated into the consolidated financial statements the effect of all material known events determined by Accounting Standards Codification ("ASC") 855, Subsequent Events , to be recognizable events. Branch Optimization and Operational Efficiency Update As previously disclosed by the Company on February 23, 2021, the Company announced the implementation of strategic initiatives to improve the Bank’s financial performance and to position the Bank for continued profitable growth. The Bank intends to optimize its current branch network through the consolidation of six branches and the possible divestiture of others, while expanding technology and infrastructure investments in its remaining locations. The decision was the result of a comprehensive internal study that measured branch performance by comparing financial and non-financial indicators to growth opportunities, while evolving changes in consumer preferences, largely driven by the global pandemic, led to an acceleration of branch optimization efforts. The branch optimization, which is expected to be completed in 2021, will result in the Company incurring restructuring related expenses predominantly from branch consolidations, lease termination and severance costs. The Bank also completed a comprehensive review of its branch network and operating environment to identify solutions to improve operating performance. This review prioritized profitability, efficiency, infrastructure and client experience improvements, automation in operations, and digital marketing and technology investments. Nature of Operations The Company derives substantially all its income from banking and bank-related services which include interest earnings on commercial, commercial mortgage, residential real estate and consumer loan financing, as well as interest earnings on investment securities and fees generated from deposit services to its customers. The Company provides banking services through its subsidiary, Community Bank, a Pennsylvania-chartered commercial bank. The Bank operates 15 offices in Greene, Allegheny, Washington, Fayette and Westmoreland Counties in southwestern Pennsylvania, six offices in Brooke, Marshall, Ohio, Upshur and Wetzel Counties in West Virginia, and one office in Belmont County in Ohio. The Bank is a community-oriented institution offering residential and commercial real estate loans, commercial and industrial loans, and consumer loans as well as a variety of deposit products for individuals and businesses in its market area. Property and casualty, commercial liability, surety and other insurance products are offered through Exchange Underwriters, a full-service, independent insurance agency. Reclassifications Certain comparative amounts for the prior year have been reclassified to conform to the current year presentation. Such reclassifications did not affect net income or stockholders’ equity. Recent Accounting Standards In March 2020, the Financial Accounting Standard Board (“FASB”) issued Accounting Standards Update ("ASU") 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. This ASU provides temporary optional guidance to ease the potential burden in accounting for reference rate reform. The new guidance provides optional expedients and exceptions for applying GAAP to contract modifications and hedging relationships, subject to meeting certain criteria, that reference the London Inter-bank Offered Rate (“LIBOR”) or another reference rate expected to be discontinued. The elective guidance in the ASU applies to modifications of contract terms that will directly replace, or have the potential to replace, an affected rate with another interest rate index, as well as certain contemporaneous modifications of other contract terms related to the replacement of an affected rate. The ASU notes that changes in contract terms that are made to effect the reference rate reform transition are considered related to the replacement of a reference rate if they are not the result of a business decision that is separate from or in addition to changes to the terms of a contract to effect that transition. The optional expedient allows companies to account for the modification as if it was not substantial (i.e., do not treat as an extinguishment of debt). The ASU is intended to help stakeholders during the global market-wide reference rate transition period. ASU 2020-04 is effective for all entities as of March 12, 2020 through December 31, 2022. While the LIBOR reform may require extensive changes to the contracts that govern LIBOR based products, as well as our systems and processes, we cannot yet determine whether the Company will be able to use the optional expedient for the changes to contract terms that may be required by LIBOR reform and therefore, the Company cannot yet determine the magnitude of the impact or the overall impact of the new guidance on the Company’s consolidated financial condition or results of operation. In December 2019, FASB issued ASU 2019-12, Income taxes (Topic 740); Simplifying the Accounting for Income Taxes . ASU 2019-12 provides amendments intended to reduce the cost and complexity in accounting for income taxes while maintaining or improving the usefulness of the information provided to users of financial statements. ASU 2019-12 removes the following exceptions from ASC 740, Income Taxes: (i) exceptions to the incremental approach for intraperiod tax allocation; (ii) exceptions to accounting for basis differences when a foreign subsidiary becomes an equity method investment or a foreign equity method investment become a subsidiary; and (iii) exception in interim period income tax accounting for year-to-date losses that exceed anticipated losses. ASU 2019-12 provides the following amendments that simplify and improve guidance with Topic 740: (i) franchise taxes that are based partially on income; (ii) transactions that result in a step up in the tax basis of goodwill; (iii) separate financial statements of legal entities that are not subject to tax; (iv) enacted changes in tax laws in interim periods; and (v) employee stock ownership plans and investments in qualified affordable housing projects accounted for using the equity method. For public business entities, the amendments in ASU 2019-12 are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. The adoption of this ASU did not have a material impact on the Company's consolidated statements of financial condition or results of operation. In September 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . ASU 2016-13 amends guidance on reporting credit losses for assets held at amortized cost basis and available for sale debt securities. For assets held at amortized cost basis, ASU 2016-13 eliminates the probable initial recognition threshold in current GAAP; and instead requires an entity to reflect its current estimate of all expected credit losses. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of the financial assets to present the net amount expected to be collected. For available-for-sale debt securities, credit losses should be measured in a manner similar to current GAAP, however this ASU requires that credit losses be presented as an allowance rather than as a write-down. ASU 2016-13 affects companies holding financial assets and net investment in leases that are not accounted for at fair value through net income. The ASU 2016-13 amendments affect loans, debt securities, trade receivables, net investments in leases, off balance-sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope that have the contractual right to receive cash. ASU 2016-13 was originally effective for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years, with early adoption permitted. In November 2019, the FASB approved a delay of the required implementation date of ASU 2016-13 for smaller reporting companies, including the Company, resulting in a required implementation date for the Company of January 1, 2023. Early adoption will continue to be permitted. The Company is evaluating the impact of this ASU and expects to recognize a one-time adjustment to the allowance for loan losses upon adoption, but we cannot yet determine the magnitude of the one-time adjustment or the overall impact of the new guidance on the Company’s consolidated financial condition or results of operation.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2021
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share There are no convertible securities which would affect the numerator in calculating basic and diluted earnings per share; therefore, net income as presented on the Consolidated Statements of Income is used as the numerator. The following table sets forth the composition of the weighted-average common shares (denominator) used in the basic and diluted earnings per share computation. Three Months Ended 2021 2020 (Dollars in thousands, except share and per share data) Net Income $ 2,845 $ 773 Weighted-Average Basic Common Shares Outstanding 5,434,374 5,431,199 Dilutive Effect of Common Stock Equivalents (Stock Options and Restricted Stock) 2,507 25,668 Weighted-Average Diluted Common Shares and Common Stock Equivalents Outstanding 5,436,881 5,456,867 Earnings Per Share: Basic $ 0.52 $ 0.14 Diluted 0.52 0.14 The dilutive effect on weighted average diluted common shares outstanding is the result of outstanding stock options and nonvested restricted stock. The following table presents for the periods indicated (a) options to purchase shares of common stock that were outstanding but not included in the computation of earnings per share because the options’ exercise price was greater than the average market price of the common shares for the period, and (b) shares of restricted stock awards that were not included in the computation of diluted earnings per share because the hypothetical repurchase of shares under the treasury stock method exceeded the weighted average nonvested restricted awards, therefore the effects would be anti-dilutive. Three Months Ended 2021 2020 Stock Options 201,662 78,545 Restricted Stock 33,610 30,250 When there is a net loss for the period, the exercise or conversion of any potential shares increases the number of shares in the denominator and results in a lower loss per share. In that situation, the potential shares are antidilutive and not included in the Company's loss per share calculation. Therefore, if there is a net loss, diluted loss per share is the same as basic loss per share.

Securities

Securities	3 Months Ended
	Mar. 31, 2021
Investments, Debt and Equity Securities [Abstract]
Securities	Securities The following table presents the amortized cost and fair value of securities available-for-sale at the dates indicated: March 31, 2021 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (Dollars in thousands) Available-for-Sale Debt Securities: U.S. Government Agencies $ 50,992 $ — $ (2,304) $ 48,688 Obligations of States and Political Subdivisions 20,664 1,063 — 21,727 Mortgage-Backed Securities - Government-Sponsored Enterprises 66,495 2,673 (177) 68,991 Total Available-for-Sale Debt Securities 138,151 3,736 (2,481) 139,406 Equity Securities: Mutual Funds 1,001 Other 1,749 Total Equity Securities 2,750 Total Securities $ 142,156 December 31, 2020 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (Dollars in thousands) Available-for-Sale Debt Securities: U.S. Government Agencies $ 41,994 $ 12 $ (595) $ 41,411 Obligations of States and Political Subdivisions 20,672 1,321 — 21,993 Mortgage-Backed Securities - Government-Sponsored Enterprises 75,900 3,593 — 79,493 Total Available-for-Sale Debt Securities 138,566 4,926 (595) 142,897 Equity Securities: Mutual Funds 1,019 Other 1,484 Total Equity Securities 2,503 Total Securities $ 145,400 The following tables show the Company’s gross unrealized losses and fair value, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position, at the dates indicated: March 31, 2021 Less than 12 months 12 Months or Greater Total Number of Securities Fair Value Gross Unrealized Losses Number of Securities Fair Value Gross Unrealized Losses Number of Securities Fair Value Gross Unrealized Losses (Dollars in thousands) U.S. Government Agencies 12 $ 48,688 $ (2,304) — $ — $ — 12 $ 48,688 $ (2,304) Mortgage Backed Securities- Government Sponsored Enterprises 3 13,097 (177) — — — 3 13,097 (177) Total 15 $ 61,785 $ (2,481) — $ — $ — 15 $ 61,785 $ (2,481) December 31, 2020 Less than 12 months 12 Months or Greater Total Number of Securities Fair Value Gross Unrealized Losses Number of Securities Fair Value Gross Unrealized Losses Number of Securities Fair Value Gross Unrealized Losses (Dollars in thousands) U.S. Government Agencies 7 $ 32,399 $ (595) — $ — $ — 7 $ 32,399 $ (595) Total 7 $ 32,399 $ (595) — $ — $ — 7 $ 32,399 $ (595) For debt securities, the Company does not believe that any individual unrealized loss as of March 31, 2021 or December 31, 2020, represents an other-than-temporary impairment. The Company performs a review of the entire securities portfolio on a quarterly basis to identify securities that may indicate an other-than-temporary impairment. The Company’s management considers the length of time and the extent to which the fair value has been less than cost, and the financial condition of the issuer. The securities that are temporarily impaired at March 31, 2021 and December 31, 2020 relate principally to changes in interest rates subsequent to the acquisition of the specific securities. The Company does not intend to sell, and it is not more likely than not that it will be required to sell any of the securities in an unrealized loss position before recovery of its amortized cost or maturity of the security. Securities available-for-sale with a fair value of $129.1 million and $119.7 million at March 31, 2021 and December 31, 2020, respectively, are pledged to secure public deposits, short-term borrowings and for other purposes as required or permitted by law. The following table presents the scheduled maturities of debt securities as of the date indicated: March 31, 2021 Amortized Cost Fair Value (Dollars in thousands) Due in One Year or Less $ 500 $ 500 Due after One Year through Five Years 4,807 4,872 Due after Five Years through Ten Years 64,948 64,085 Due after Ten Years 67,896 69,949 Total $ 138,151 $ 139,406 The following table presents the gross realized gain and loss on sales of debt securities, as well as gain and loss on equity securities from both sales and market adjustments for the periods indicated. All gains and losses presented in the table below are reported in net gain (loss) on securities on the Consolidated Statements of Income. Three Months Ended 2021 2020 (Dollars in thousands) Debt Securities Gross Realized Gain $ 225 $ — Gross Realized Loss — — Net Gain on Debt Securities $ 225 $ — Equity Securities Net Unrealized Gain (Loss) Recognized on Securities Held $ 222 $ (438) Net Realized Gain Recognized on Securities Sold — — Net Gain (Loss) on Equity Securities $ 222 $ (438) Net Gain (Loss) on Securities $ 447 $ (438)

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	3 Months Ended
	Mar. 31, 2021
Receivables [Abstract]
Loans and Allowance for Loan Losses	Loans and Allowance for Loan Losses The Company’s loan portfolio is segmented to enable management to monitor risk and performance. Real estate loans are further segregated into three classes. Residential mortgages include those secured by residential properties and include home equity loans, while commercial mortgages consist of loans to commercial borrowers secured by commercial real estate. Construction loans typically consist of loans to build commercial buildings and acquire and develop residential real estate. The commercial and industrial segment consists of loans to finance the activities of commercial customers. The consumer segment consists primarily of indirect auto loans as well as personal installment loans and personal or overdraft lines of credit. Residential mortgage loans are typically longer-term loans and, therefore, generally present greater interest rate risk than the consumer and commercial loans. Under certain economic conditions, housing values may decline, which may increase the risk that the collateral values are not sufficient. Commercial real estate loans generally present a higher level of risk than loans secured by residences. This greater risk is due to several factors, including the concentration of principal in a limited number of loans and borrowers, the effect of general economic conditions on income-producing properties, and the increased difficulty in evaluating and monitoring these types of loans. Furthermore, the repayment of commercial real estate loans is typically dependent upon the successful operation of the related real estate project. If the cash flow from the project is reduced (for example, if leases are not obtained or renewed, a bankruptcy court modifies a lease term, or a major tenant is unable to fulfill its lease obligations), the borrower’s ability to repay the loan may be impaired. Construction loans are originated to individuals to finance the construction of residential dwellings and are also originated for the construction of commercial properties, including hotels, apartment buildings, housing developments, and owner-occupied properties used for businesses. Construction loans generally provide for the payment of interest only during the construction phase, which is usually 12 to 18 months. At the end of the construction phase, the loan generally converts to a permanent residential or commercial mortgage loan. Construction loan risks include overfunding in comparison to the plans, untimely completion of work, and leasing and stabilization after project completion. Commercial and industrial loans are generally secured by business assets, inventories, accounts receivable, etc., which present collateral risk. Consumer loans generally have higher interest rates and shorter terms than residential mortgage loans; however, they have additional credit risk due to the type of collateral securing the loan. The following table presents the classifications of loans as of the dates indicated. March 31, 2021 December 31, 2020 Amount Percent Amount Percent (Dollars in thousands) Real Estate: Residential $ 339,596 32.6 % $ 344,142 32.9 % Commercial 370,118 35.5 373,555 35.9 Construction 77,714 7.5 72,600 6.9 Commercial and Industrial 128,931 12.4 126,813 12.1 Consumer 111,650 10.7 113,854 10.9 Other 13,688 1.3 13,789 1.3 Total Loans 1,041,697 100.0 % 1,044,753 100.0 % Allowance for Loan Losses (12,725) (12,771) Loans, Net $ 1,028,972 $ 1,031,982 The Small Business Administration reopened the Payroll Protection Program ("PPP") the week of January 11, 2021 and began accepting applications for both First Draw and Second Draw PPP Loans. As of March 31, 2021, as part of this round of PPP, the Bank funded 156 PPP loans totaling $25.0 million with net deferred origination fees of $984,000. Combined with $19.7 million of loan forgiveness processed in the first quarter of 2021, total PPP loans increased $5.3 million to $60.4 million at March 31, 2021 compared to $55.1 million at December 31, 2020. At March 31, 2021, the largest sectors of PPP loans were $15.2 million for construction and specialty-trade contractors, $10.1 million in loans for health care and social assistance, $8.2 million for professional and technical services, $3.5 million for retail trade, $5.0 million for restaurant and food services, $4.9 million for manufacturing, and $4.5 million for wholesale trade. Net unamortized PPP loan origination fees as of March 31, 2021 and December 31, 2020 were $1.5 million and $1.1 million, respectively. $535,000 of net PPP loan origination fees were earned for the three months ended March 31, 2021. All PPP loans are classified as commercial and industrial loans held for investment. No allowance for loan loss was allocated to the PPP loan portfolio due to the Bank complying with the lender obligations that ensure SBA guarantee. Total unamortized net deferred loan fees were $2.5 million and $2.0 million at March 31, 2021 and December 31, 2020, respectively. The Company uses an eight-point internal risk rating system to monitor the credit quality of the overall loan portfolio. The first four categories are not considered criticized and are aggregated as “pass” rated. The criticized rating categories used by management generally follow bank regulatory definitions. The special mention category includes assets that are currently protected but are below average quality, resulting in an undue credit risk, but not to the point of justifying a substandard classification. Loans in the substandard category have well-defined weaknesses that jeopardize the liquidation of the debt and have a distinct possibility that some loss will be sustained if the weaknesses are not corrected. Loans classified as doubtful have all the weaknesses inherent in loans classified as substandard with the added characteristic that collection or liquidation in full, on the basis of current conditions and facts, is highly improbable. Loans classified as loss are considered uncollectable and of such little value that continuance as an asset is not warranted. The following table presents loans summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system as of the dates indicated. At March 31, 2021 and December 31, 2020, there were no loans in the criticized category of Loss within the internal risk rating system. March 31, 2021 Pass Special Mention Substandard Doubtful Total (Dollars in Thousands) Real Estate: Residential $ 336,031 $ 1,090 $ 2,475 $ — $ 339,596 Commercial 322,743 31,818 15,557 — 370,118 Construction 72,969 2,145 2,600 — 77,714 Commercial and Industrial 114,911 7,943 5,493 584 128,931 Consumer 111,598 — 52 — 111,650 Other 13,612 76 — — 13,688 Total Loans $ 971,864 $ 43,072 $ 26,177 $ 584 $ 1,041,697 December 31, 2020 Pass Special Mention Substandard Doubtful Total (Dollars in Thousands) Real Estate: Residential $ 340,573 $ 1,115 $ 2,454 $ — $ 344,142 Commercial 320,358 37,482 15,715 — 373,555 Construction 68,343 53 4,204 — 72,600 Commercial and Industrial 113,797 7,787 4,620 609 126,813 Consumer 113,805 — 49 — 113,854 Other 13,711 78 — — 13,789 Total Loans $ 970,587 $ 46,515 $ 27,042 $ 609 $ 1,044,753 The following table presents the classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans as of the dates indicated. March 31, 2021 Loans Current 30-59 Days Past Due 60-89 Days Past Due 90 Days Or More Past Due Total Past Due Non- Accrual Total Loans (Dollars in Thousands) Real Estate: Residential $ 336,483 $ 1,253 $ — $ — $ 1,253 $ 1,860 $ 339,596 Commercial 363,057 — — — — 7,061 370,118 Construction 77,714 — — — — — 77,714 Commercial and Industrial 127,127 — — — — 1,804 128,931 Consumer 111,346 249 3 — 252 52 111,650 Other 13,688 — — — — — 13,688 Total Loans $ 1,029,415 $ 1,502 $ 3 $ — $ 1,505 $ 10,777 $ 1,041,697 December 31, 2020 Loans Current 30-59 Days Past Due 60-89 Days Past Due 90 Days Or More Past Due Total Past Due Non- Accrual Total Loans (Dollars in Thousands) Real Estate: Residential $ 339,067 $ 2,919 $ 315 $ — $ 3,234 $ 1,841 $ 344,142 Commercial 365,712 1 740 — 741 7,102 373,555 Construction 72,600 — — — — — 72,600 Commercial and Industrial 124,916 — — — — 1,897 126,813 Consumer 112,952 784 61 8 853 49 113,854 Other 13,789 — — — — — 13,789 Total Loans $ 1,029,036 $ 3,704 $ 1,116 $ 8 $ 4,828 $ 10,889 $ 1,044,753 Total unrecorded interest income related to nonaccrual loans was $61,000 and $11,000 for the three months ended March 31, 2021 and 2020, respectively. The following table sets forth the amounts and categories of nonperforming assets at the dates indicated. Included in nonperforming loans and assets are troubled debt restructurings (“TDRs”), which are loans whose contractual terms have been restructured in a manner which grants a concession to a borrower experiencing financial difficulties. Nonaccrual TDRs are included in their specific loan category in the nonaccrual loans section. Nonperforming loans do not include loans modified under Section 4013 of the CARES Act and interagency guidance as further explained below. March 31, December 31, (Dollars in Thousands) Nonaccrual Loans: Real Estate: Residential $ 1,860 $ 1,841 Commercial 7,061 7,102 Commercial and Industrial 1,804 1,897 Consumer 52 49 Total Nonaccrual Loans 10,777 10,889 Accruing Loans Past Due 90 Days or More: Real Estate: Residential — — Consumer — 8 Total Accruing Loans Past Due 90 Days or More — 8 Total Nonaccrual Loans and Accruing Loans Past Due 90 Days or More 10,777 10,897 Troubled Debt Restructurings, Accruing: Real Estate Residential 641 650 Commercial 2,777 2,861 Commercial and Industrial 57 80 Total Troubled Debt Restructurings, Accruing 3,475 3,591 Total Nonperforming Loans 14,252 14,488 Other Real Estate Owned: Residential — — Commercial 208 208 Total Other Real Estate Owned 208 208 Total Nonperforming Assets $ 14,460 $ 14,696 Nonperforming Loans to Total Loans 1.37 % 1.39 % Nonperforming Assets to Total Assets 0.98 1.04 The recorded investment of residential real estate loans for which formal foreclosure proceedings were in process according to applicable requirements of the local jurisdiction was $754,000 and $806,000 at March 31, 2021 and December 31, 2020, respectively. TDRs typically are the result of loss mitigation activities whereby concessions are granted to minimize loss and avoid foreclosure or repossession of collateral. For a loan modification to be considered a TDR, the borrower must be experiencing financial difficulty and a concession must be granted, except for an insignificant delay in payment. Section 4013 of the CARES Act and regulatory guidance promulgated by federal banking regulators provide temporary relief from accounting and financial reporting requirements for TDRs regarding certain short-term loan modifications related to COVID-19. Specifically, the CARES Act provides that the Bank may elect to suspend the requirements under GAAP for certain loan modifications that would otherwise be categorized as a TDR and suspend any determination that such loan modifications would be considered a TDR, including the related impairment for accounting purposes. Any modification involving a loan that was not more than 30 days past due as of December 31, 2019 and that occurs beginning on March 1, 2020 and ends on the earlier of January 1, 2022 (as extended by the Consolidated Appropriations Act, 2021) or the date that is 60 days after the termination date of the national emergency related to the COVID-19 outbreak qualify for this exception, including a forbearance arrangement, interest rate modification, repayment plan or any other similar arrangement that defers or delays the payment of principal or interest. Bank regulatory agencies released an interagency statement that offers practical expedients for modifications that occur in response to the COVID-19 pandemic, but it differs with the CARES Act in certain areas. The expedients require a lender to conclude that a borrower is not experiencing financial difficulty if either short-term (e.g., six months or less) modifications are made, such as payment deferrals, fee waivers, extensions of repayment terms, or other delays in payment that are insignificant related to loans in which the borrower is less than 30 days past due on its contractual payments at the time a modification program is implemented or the modification or deferral program is mandated by the federal government or a state government. The bank regulatory agencies have subsequently confirmed that their guidance could be applicable for loans that do not qualify for favorable accounting treatment under Section 4013 of the CARES Act. Both Section 4013 of the CARES Act and the interagency statement can be applied to a second modification that occurs after the first modification provided that the second modification does not qualify as a TDR under Section 4013 of the CARES Act or the interagency statement. The Bank offered forbearance options for borrowers impacted by COVID-19 that provide a short-term delay in payment by primarily allowing: (a) deferral of three The following table provides details of loans in forbearance as of the dates indicated. March 31, 2021 December 31, 2020 Number Amount % of Portfolio Number Amount % of Portfolio (Dollars in thousands) Real Estate: Residential 7 1,343 0.4 % 4 749 0.2 % Commercial 7 13,814 3.7 % 8 19,818 5.3 % Construction 1 1,958 2.5 % 1 1,958 2.7 % Commercial and Industrial 5 1,219 0.9 % 5 1,219 1.0 % Consumer 5 106 0.1 % 13 356 0.3 % Total Loans in Forbearance 25 $ 18,440 1.8 % 31 $ 24,100 2.3 % Loans in deferral at March 31, 2021 include two commercial real estate loans totaling $4.6 million and one construction loan totaling $2.0 million that are all secured by hotels, one commercial real estate loan totaling $5.5 million secured by office space and a business relationship that rents equipment, supplies and other materials for events comprised of three commercial real estate loans totaling $3.3 million, and five commercial and industrial loans totaling $1.2 million. All loans will have exited their deferral periods by July 2021. The concessions granted for the TDRs in the portfolio primarily consist of, but are not limited to, modification of payment or other terms, temporary rate modification and extension of maturity date. Loans classified as TDRs consisted of 16 loans totaling $4.1 million at March 31, 2021 and 17 loans totaling $4.2 million at December 31, 2020, respectively. During the three months ended March 31, 2021, there were no loans that were modified that were considered a TDR and one residential real estate loan modified in a TDR totaling $3,000 that paid off. During the three months ended March 31, 2020, there were no loans that were modified that were considered a TDR and no loans modified in a TDR that paid off. No TDRs subsequently defaulted during the three months ended March 31, 2021 and 2020, respectively. The following table presents a summary of the loans considered to be impaired as of the dates indicated. March 31, 2021 Recorded Investment Related Allowance Unpaid Principal Balance Average Recorded Investment Interest Income Recognized (Dollars in thousands) With No Related Allowance Recorded: Real Estate: Residential $ 1,174 $ — $ 1,178 $ 1,177 $ 12 Commercial 33,497 — 33,627 33,666 361 Construction 2,599 — 2,599 2,599 23 Commercial and Industrial 3,703 — 3,938 3,956 28 Total With No Related Allowance Recorded $ 40,973 $ — $ 41,342 $ 41,398 $ 424 With A Related Allowance Recorded: Real Estate: Residential $ — $ — $ — $ — $ — Commercial 571 269 571 576 6 Construction — — — — — Commercial and Industrial 2,487 502 2,487 2,512 17 Total With A Related Allowance Recorded $ 3,058 $ 771 $ 3,058 $ 3,088 $ 23 Total Impaired Loans: Real Estate: Residential $ 1,174 $ — $ 1,178 $ 1,177 $ 12 Commercial 34,068 269 34,198 34,242 367 Construction 2,599 — 2,599 2,599 23 Commercial and Industrial 6,190 502 6,425 6,468 45 Total Impaired Loans $ 44,031 $ 771 $ 44,400 $ 44,486 $ 447 December 31, 2020 Recorded Investment Related Allowance Unpaid Principal Balance Average Recorded Investment Interest Income Recognized (Dollars in thousands) With No Related Allowance Recorded: Real Estate: Residential $ 1,183 $ — $ 1,187 $ 1,194 $ 46 Commercial 31,865 — 32,887 37,443 1,418 Construction 4,204 — 4,204 4,013 159 Commercial and Industrial 3,296 — 3,506 3,426 89 Total With No Related Allowance Recorded $ 40,548 $ — $ 41,784 $ 46,076 $ 1,712 With A Related Allowance Recorded: Real Estate: Residential $ — $ — $ — $ — $ — Commercial 1,524 293 1,524 1,585 72 Construction — — — — — Commercial and Industrial 2,069 356 2,069 2,114 57 Total With A Related Allowance Recorded $ 3,593 $ 649 $ 3,593 $ 3,699 $ 129 Total Impaired Loans Real Estate: Residential $ 1,183 $ — $ 1,187 $ 1,194 $ 46 Commercial 33,389 293 34,411 39,028 1,490 Construction 4,204 — 4,204 4,013 159 Commercial and Industrial 5,365 356 5,575 5,540 146 Total Impaired Loans $ 44,141 $ 649 $ 45,377 $ 49,775 $ 1,841 The following tables present the activity in the allowance for loan losses summarized by primary segments and segregated into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for potential impairment at the dates and for the periods indicated. Real Estate Residential Real Estate Commercial Real Estate Construction Commercial and Industrial Consumer Other Unallocated Total (Dollars in thousands) December 31, 2020 $ 2,249 $ 6,010 $ 889 $ 1,423 $ 1,283 $ — $ 917 $ 12,771 Charge-offs — — — — (95) — — (95) Recoveries 9 — — 12 28 — — 49 Provision (283) (93) 50 108 (113) — 331 — March 31, 2021 $ 1,975 $ 5,917 $ 939 $ 1,543 $ 1,103 $ — $ 1,248 $ 12,725 March 31, 2021 Real Estate Residential Real Estate Commercial Real Estate Construction Commercial and Industrial Consumer Other Unallocated Total (Dollars in thousands) Individually Evaluated for Impairment $ — $ 269 $ — $ 502 $ — $ — $ — $ 771 Collectively Evaluated for Potential Impairment $ 1,975 $ 5,648 $ 939 $ 1,041 $ 1,103 $ — $ 1,248 $ 11,954 December 31, 2020 Real Estate Residential Real Estate Commercial Real Estate Construction Commercial and Industrial Consumer Other Unallocated Total (Dollars in thousands) Individually Evaluated for Impairment $ — $ 293 $ — $ 356 $ — $ — $ — $ 649 Collectively Evaluated for Potential Impairment $ 2,249 $ 5,717 $ 889 $ 1,067 $ 1,283 $ — $ 917 $ 12,122 Real Estate Residential Real Estate Commercial Real Estate Construction Commercial and Industrial Consumer Other Unallocated Total (Dollars in thousands) December 31, 2019 $ 2,023 $ 3,210 $ 285 $ 2,412 $ 1,417 $ — $ 520 $ 9,867 Charge-offs (25) — — — (99) — — (124) Recoveries 2 14 — 9 54 — — 79 Provision 685 1,651 379 (829) 507 — 107 2,500 March 31, 2020 $ 2,685 $ 4,875 $ 664 $ 1,592 $ 1,879 $ — $ 627 $ 12,322 March 31, 2020 Real Estate Residential Real Estate Commercial Real Estate Construction Commercial and Industrial Consumer Other Unallocated Total (Dollars in thousands) Individually Evaluated for Impairment $ — $ 392 $ — $ 259 $ — $ — $ — $ 651 Collectively Evaluated for Potential Impairment $ 2,685 $ 4,483 $ 664 $ 1,333 $ 1,879 $ — $ 627 $ 11,671 The following table presents the major classifications of loans summarized by individually evaluated for impairment and collectively evaluated for potential impairment as of the dates indicated. At March 31, 2021 and December 31, 2020, commercial and industrial loans include $60.4 million and $55.1 million, respectively, of PPP loans collectively evaluated for potential impairment. No allowance for loan loss was allocated to the PPP loan portfolio due to the Bank complying with the lender obligations that ensure SBA guarantee. March 31, 2021 Real Estate Residential Real Estate Commercial Real Estate Construction Commercial and Industrial Consumer Other Total (Dollars in thousands) Individually Evaluated for Impairment $ 1,174 $ 34,068 $ 2,599 $ 6,190 $ — $ — $ 44,031 Collectively Evaluated for Potential Impairment 338,422 336,050 75,115 122,741 111,650 13,688 997,666 Total Loans $ 339,596 $ 370,118 $ 77,714 $ 128,931 $ 111,650 $ 13,688 $ 1,041,697 December 31, 2020 Real Estate Residential Real Estate Commercial Real Estate Construction Commercial and Industrial Consumer Other Total (Dollars in thousands) Individually Evaluated for Impairment $ 1,183 $ 33,389 $ 4,204 $ 5,365 $ — $ — $ 44,141 Collectively Evaluated for Potential Impairment 342,959 340,166 68,396 121,448 113,854 13,789 1,000,612 Total Loans $ 344,142 $ 373,555 $ 72,600 $ 126,813 $ 113,854 $ 13,789 $ 1,044,753 The following table presents changes in the accretable discount on the loans acquired at fair value at the dates indicated. Accretable Discount (Dollars in Thousands) December 31, 2020 $ 1,194 Accretable Yield (138) March 31, 2021 $ 1,056

Deposits

Deposits	3 Months Ended
	Mar. 31, 2021
Deposits [Abstract]
Deposits	Deposits The following table shows the maturities of time deposits for the next five years and beyond at the date indicated. March 31, (Dollars in thousands) One Year or Less $ 79,821 Over One Through Two Years 51,301 Over Two Through Three Years 25,961 Over Three Through Four Years 8,582 Over Four Through Five Years 11,237 Over Five Years 3,795 Total $ 180,697 The balance in time deposits that meet or exceed the FDIC insurance limit of $250,000 totaled $53.9 million and $59.2 million as of March 31, 2021 and December 31, 2020, respectively. The aggregate amount of demand deposits that are overdrawn and have been reclassified as loans was $181,000 and $231,000 as of March 31, 2021 and December 31, 2020, respectively.

Short-Term Borrowings

Short-Term Borrowings	3 Months Ended
	Mar. 31, 2021
Debt Disclosure [Abstract]
Short-Term Borrowings	Short-Term Borrowings Borrowings with original maturities of one year or less are classified as short-term and may consist of borrowings with the Federal Home Loan Bank ("FHLB"), securities sold under agreements to repurchase or borrowings on revolving lines of credit with the Federal Reserve Bank or other correspondent banks, Securities sold under repurchase agreements are comprised of customer repurchase agreements, which are overnight sweep accounts with next-day maturities utilized by commercial customers to earn interest on their funds. Securities are pledged as collateral under these agreements in an amount at least equal to the outstanding balance and the collateral pledging requirements are monitored on a daily basis. The following table sets forth the components of short-term borrowings as of the dates indicated. March 31, 2021 December 31, 2020 Amount Weighted Amount Weighted (Dollars in thousands) Securities Sold Under Agreements to Repurchase: Balance at Period End $ 45,352 0.21 % $ 41,055 0.21 % Average Balance Outstanding During the Period 41,094 0.23 37,819 0.36 Maximum Amount Outstanding at any Month End 45,352 46,123 Securities Collaterizing the Agreements at Period-End: Carrying Value 47,430 46,312 Market Value 46,571 47,283

Other Borrowed Funds

Other Borrowed Funds	3 Months Ended
	Mar. 31, 2021
Debt Disclosure [Abstract]
Other Borrowed Funds	Other Borrowed Funds Other borrowed funds consist of fixed rate advances from the FHLB. The following table sets forth the scheduled maturities of other borrowed funds at the dates indicated. March 31, 2021 December 31, 2020 Amount Weighted Average Rate Amount Weighted Average Rate (Dollars in thousands) Due in One Year $ 3,000 2.23 % $ 2,000 2.12 % Due After One Year to Two Years 3,000 2.41 3,000 2.23 Due After Two Years to Three Years — — 3,000 2.41 Total $ 6,000 2.32 % $ 8,000 2.27 % As of March 31, 2021, the Company maintained a credit arrangement with a maximum borrowing limit of approximately $433.0 million with the FHLB and available borrowing capacity of $332.7 million. This arrangement is subject to annual renewal, incurs no service charge, and is secured by a blanket security agreement on $580.9 million of residential and commercial mortgage loans and the Company’s investment in FHLB stock. Under this arrangement the Company had available a variable rate Line of Credit in the amount of $150.0 million as of March 31, 2021, of which there was no outstanding balance. As an alternative to pledging securities, the FHLB periodically provides standby letters of credit on behalf of the Bank to secure certain public deposits in excess of the level insured by the FDIC. If the FHLB is required to make payment for a beneficiary’s draw, the payment amount is converted into a collateralized advance to the Bank. Standby letters of credit issued on our behalf by the FHLB to secure public deposits were $99.6 million and $90.3 million as of March 31, 2021 and December 31, 2020, respectively.

Fair Value Disclosure

Fair Value Disclosure	3 Months Ended
	Mar. 31, 2021
Fair Value Disclosures [Abstract]
Fair Value Disclosure	Fair Value Disclosure FASB ASC 820 “Fair Value Measurement” defines fair value and provides the framework for measuring fair value and required disclosures about fair value measurements. Fair value is defined as the price that would be received for an asset or paid to transfer a liability in an orderly transaction between market participants in the principal or most advantageous market for the asset or liability at the transaction date. ASC 820 establishes a fair value hierarchy that prioritizes the inputs used in valuation methods to determine fair value. The three levels of fair value hierarchy are as follows: Level 1 – Fair value is based on unadjusted quoted prices in active markets that are accessible to the Company for identical assets. These generally provide the most reliable evidence and are used to measure fair value whenever available. Level 2 – Fair value is based on significant inputs, other than Level 1 inputs, that are observable either directly or indirectly for substantially the full term of the asset through corroboration with observable market data. Level 2 inputs include quoted market prices in active markets for similar assets, quoted market prices in markets that are not active for identical or similar assets, and other observable inputs. Level 3 – Fair value is based on significant unobservable inputs. Examples of valuation methodologies that would result in Level 3 classification include option pricing models, discounted cash flows, and other similar techniques. This hierarchy requires the use of observable market data when available. The level in the fair value hierarchy within which the fair value measurement falls is determined based on the lowest level input that is significant to the fair value measurement. The following table presents the financial assets measured at fair value on a recurring basis and reported on the Consolidated Statements of Financial Condition as of the dates indicated, by level within the fair value hierarchy. The majority of the Company’s securities are included in Level 2 of the fair value hierarchy. Fair values for Level 2 securities were primarily determined by a third-party pricing service using both quoted prices for similar assets, when available, and model-based valuation techniques that derive fair value based on market-corroborated data, such as instruments with similar prepayment speeds and default interest rates. The standard inputs that are normally used include benchmark yields of like securities, reportable trades, broker/dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers, and reference data including market research publications. There were no transfers into or out of Level 3 during the three months ended March 31, 2021 or year ended December 31, 2020. Fair Value Hierarchy March 31 December 31 (Dollars in thousands) Securities: Available-for-Sale Debt Securities U.S. Government Agencies Level 2 $ 48,688 $ 41,411 Obligations of States and Political Subdivisions Level 2 21,727 21,993 Mortgage-Backed Securities - Government-Sponsored Enterprises Level 2 68,991 79,493 Total Available-for-Sale Debt Securities 139,406 142,897 Equity Securities Mutual Funds Level 1 1,001 1,019 Other Level 1 1,749 1,484 Total Equity Securities 2,750 2,503 Total Securities $ 142,156 $ 145,400 The following table presents the financial assets on the Consolidated Statements of Financial Condition measured at fair value on a nonrecurring basis as of the dates indicated by level within the fair value hierarchy for only those nonrecurring assets that had a fair value below the carrying amount. The table also presents the significant unobservable inputs used in the fair value measurements. Financial Asset Fair Value Hierarchy March 31, Valuation Significant Unobservable Inputs Range Weighted Average (Dollars in thousands) Impaired Loans Individually Assessed Level 3 $ 2,287 Appraisal of Collateral (1) Appraisal Adjustments (2) 0 % to 50 % — Mortgage Servicing Rights Level 3 766 Discounted Cash Flow Discount Rate 9 % to 11 % 9.8% Prepayment Speed 8 % to 23 % 13.8% Financial Asset Fair Value Hierarchy December 31, Valuation Significant Unobservable Inputs Range Weighted Average (Dollars in thousands) Impaired Loans Individually Assessed Level 3 $ 2,944 Appraisal of Collateral (1) Appraisal Adjustments (2) 0 % to 50 % — Mortgage Servicing Rights Level 3 656 Discounted Cash Flow Discount Rate 9 % to 11 % 10.0% Prepayment Speed 12 % to 27 % 18.7% OREO Level 3 34 Appraisal of Collateral (1) Liquidation Expenses (2) 10 % to 30 % — (1) Fair value is generally determined through independent appraisals of the underlying collateral, which may include various Level 3 inputs, which are not identifiable. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range and weighted average of appraisal adjustments and liquidation expense are presented as a percent of the appraisal. Impaired loans are evaluated when a loan is identified as impaired and valued at the lower of cost or fair value at that time. Impaired loans that are collateral dependent are written down to fair value through the establishment of specific reserves. Fair value is measured based on the value of the collateral securing these loans and is classified as Level 3 in the fair value hierarchy. At March 31, 2021 and December 31, 2020, the fair value of impaired loans consists of the loan balances of $3.1 million and $3.6 million, respectively, less their specific valuation allowances of $771,000 and $649,000, respectively. The fair value of mortgage servicing rights ("MSRs") is determined by calculating the present value of estimated future net servicing cash flows, considering expected mortgage loan prepayment rates, discount rates, servicing costs and other economic factors, which are determined based on current market conditions. The expected rate of mortgage loan prepayments is the most significant factor driving the value of MSRs. MSRs are considered impaired if the carrying value exceeds fair value. Since the valuation model includes significant unobservable inputs as listed above, MSRs are classified as Level 3. MSRs are reported in Other Assets in the Consolidated Statements of Financial Condition and are amortized into mortgage servicing income in Other Income in the Consolidated Statements of Income. OREO properties are evaluated at the time of acquisition and recorded at fair value, less estimated selling costs. After acquisition, OREO is recorded at the lower of cost or fair value, less estimated selling costs. The fair value of an OREO property is determined from a qualified independent appraisal and is classified as Level 3 in the fair value hierarchy. Financial instruments are defined as cash, evidence of an ownership in an entity, or a contract which creates an obligation or right to receive or deliver cash or another financial instrument from/to a second entity on potentially favorable or unfavorable terms. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. If no readily available market exists, the fair value estimates for financial instruments should be based upon management’s judgment regarding current economic conditions, interest rate risk, expected cash flows, future estimated losses and other factors, as determined through various option pricing formulas or simulation modeling. As many of these assumptions result from judgments made by management based upon estimates which are inherently uncertain, the resulting estimated fair values may not be indicative of the amount realizable in the sale of a particular financial instrument. In addition, changes in the assumptions on which the estimated fair values are based may have significant impact on the resulting estimated fair values. As certain assets such as deferred tax assets and premises and equipment are not considered financial instruments, the estimated fair value of financial instruments would not represent the full value of the Company. The following table presents the estimated fair values of the Company’s financial instruments at the dates indicated. March 31, 2021 December 31, 2020 Fair Value Hierarchy Carrying Value Fair Value Carrying Value Fair Value (Dollars in thousands) Financial Assets: Cash and Due From Banks: Interest Bearing Level 1 $ 216,753 $ 216,753 $ 145,636 $ 145,636 Non-Interest Bearing Level 1 13,247 13,247 15,275 15,275 Securities See Above 142,156 142,156 145,400 145,400 Loans, Net Level 3 1,028,972 1,065,445 1,031,982 1,073,633 Restricted Stock Level 2 3,784 3,784 3,984 3,984 Mortgage Servicing Rights Level 3 766 766 656 656 Accrued Interest Receivable Level 2 3,738 3,738 3,872 3,872 Financial Liabilities: Deposits Level 2 1,284,463 1,287,325 1,224,569 1,231,606 Short-Term Borrowings Level 2 45,352 45,352 41,055 41,055 Other Borrowed Funds Level 2 6,000 6,098 8,000 8,067 Accrued Interest Payable Level 2 626 626 767 767

Commitments and Contingent Liab

Commitments and Contingent Liabilities	3 Months Ended
	Mar. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingent Liabilities	Commitments and Contingent Liabilities The Company is a party to financial instruments with off-balance-sheet risk in the normal course of business primarily to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby and performance letters of credit. Those instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the Consolidated Statements of Financial Condition. The contract amounts of those instruments reflect the extent of involvement the Company has in particular classes of financial instruments. The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and standby and performance letters of credit written is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance-sheet instruments. Commitments and conditional obligations are evaluated the same as on-balance-sheet instruments but do not have a corresponding reserve recorded. The Company’s opinion on not implementing a corresponding reserve for off-balance-sheet instruments is supported by historical factors of no losses recorded due to these items. The Company is continually evaluating these items for credit quality and any future need for the corresponding reserve. The following table presents the unused and available credit balances of financial instruments whose contracts represent credit risk at the dates indicated. March 31, December 31, (Dollars in thousands) Standby Letters of Credit $ 110 $ 120 Performance Letters of Credit 2,753 2,947 Construction Mortgages 54,628 60,312 Personal Lines of Credit 7,120 6,930 Overdraft Protection Lines 6,189 6,287 Home Equity Lines of Credit 23,160 22,110 Commercial Lines of Credit 74,272 69,738 Total Commitments $ 168,232 $ 168,444 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee by the customer. Because many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation of the counterparty. Collateral held varies, but may include accounts receivable, inventory, property, plant and equipment, and income-producing commercial properties. Performance letters of credit represent conditional commitments issued by the Company to guarantee the performance of a customer to a third party. These instruments are issued primarily to support bid or performance-related contracts. The coverage period for these instruments is typically a one-year period with an annual renewal option subject to prior approval by management. Fees earned from the issuance of these letters are recognized upon expiration of the letter. For secured letters of credit, the collateral is typically Company deposit instruments or customer business assets.

Leases

Leases	3 Months Ended
	Mar. 31, 2021
Leases [Abstract]
Leases	Leases The Company evaluates contracts at commencement to determine if a lease is present. The Company’s lease contracts are all classified as operating leases and create operating right-of-use (“ROU”) assets and corresponding lease liabilities on the balance sheet. The leases are primarily ROU assets of land and building for branch and loan production locations. ROU assets are reported in Accrued Interest Receivable and Other Assets and the related lease liabilities in Accrued Interest Payable and Other Liabilities on the Consolidated Statements of Financial Condition. The following tables present the lease expense, ROU assets, weighted average term, discount rate and maturity analysis of lease liabilities for operating leases for the periods and dates indicated. Three Months Ended 2021 2020 (Dollars in thousands) Operating Lease Expense $ 95 $ 116 Short-Term Lease Expense 8 — Variable Lease Expense 8 9 Total Lease Expense $ 111 $ 125 March 31, December 31, (Dollars in thousands) Operating Leases: ROU Assets $ 1,118 $ 1,206 Weighted Average Lease Term in Years 7.00 6.95 Weighted Average Discount Rate 2.42 % 2.39 % March 31, (Dollars in throusands) Maturity Analysis: Due in One Year $ 346 Due After One Year to Two Years 249 Due After Two Years to Three Years 125 Due After Three Years to Four Years 107 Due After Four to Five Years 60 Due After Five Years 352 Total $ 1,239 Less: Present Value Discount 118 Lease Liabilities $ 1,121

Other Noninterest Expense

Other Noninterest Expense	3 Months Ended
	Mar. 31, 2021
Other Income and Expenses [Abstract]
Other Noninterest Expense	Other Noninterest Expense The details of other noninterest expense for the Company’s Consolidated Statements of Income for the periods indicated are as follows: Three Months Ended 2021 2020 (Dollars in thousands) Non-Employee Compensation $ 148 $ 147 Printing and Supplies 99 101 Postage 63 61 Telephone 188 169 Charitable Contributions 15 51 Dues and Subscriptions 50 76 Loan Expenses 92 145 Meals and Entertainment 34 40 Travel 22 54 Training 17 7 Bank Assessment 44 44 Insurance 60 56 Miscellaneous 150 162 Total Other Noninterest Expense $ 982 $ 1,113

Segment and Related Information

Segment and Related Information	3 Months Ended
	Mar. 31, 2021
Segment Reporting [Abstract]
Segment Related Information	Segment and Related InformationAt March 31, 2021, the Company’s business activities were comprised of two operating segments, which are community banking and insurance brokerage services. CB Financial is the parent company of the Bank and Exchange Underwriters, a wholly owned subsidiary of the Bank. Exchange Underwriters has an independent board of directors from the Company and is managed separately from the banking and related financial services that the Company offers. Exchange Underwriters is an independent insurance agency that offers property, casualty, commercial liability, surety and other insurance products. The following is a table of selected financial data for the Company’s subsidiaries and consolidated results at the dates and for the periods indicated. Community Bank Exchange Underwriters, Inc. CB Financial Services, Inc. Net Eliminations Consolidated (Dollars in thousands) March 31, 2021 Assets $ 1,477,053 $ 5,207 $ 133,797 $ (139,236) $ 1,476,821 Liabilities 1,349,183 1,746 21 (7,905) 1,343,045 Stockholders' Equity 127,870 3,461 133,776 (131,331) 133,776 December 31, 2020 Assets $ 1,416,132 $ 5,379 $ 134,546 $ (139,337) $ 1,416,720 Liabilities 1,287,148 2,325 16 (7,299) 1,282,190 Stockholders' Equity 128,984 3,054 134,530 (132,038) 134,530 Three Months Ended March 31, 2021 Interest and Dividend Income $ 10,971 $ 1 $ 1,320 $ (1,304) $ 10,988 Interest Expense 1,011 — — — 1,011 Net Interest and Dividend Income 9,960 1 1,320 (1,304) 9,977 Provision for Loan Losses — — — — — Net Interest and Dividend Income After Provision for Loan Losses 9,960 1 1,320 (1,304) 9,977 Noninterest Income 1,343 1,591 240 — 3,174 Noninterest Expense 8,390 1,001 4 — 9,395 Undistributed Net Income of Subsidiary 407 — 1,301 (1,708) — Income Before Income Tax Expense 3,320 591 2,857 (3,012) 3,756 Income Tax Expense 715 184 12 — 911 Net Income $ 2,605 $ 407 $ 2,845 $ (3,012) $ 2,845 Three Months Ended March 31, 2020 Interest and Dividend Income $ 12,313 $ 1 $ 15 $ — $ 12,329 Interest Expense 1,796 — — — 1,796 Net Interest and Dividend Income 10,517 1 15 — 10,533 Provision for Loan Losses 2,500 — — — 2,500 Net Interest and Dividend Income After Provision for Loan Losses 8,017 1 15 — 8,033 Noninterest Income (Loss) 1,046 1,281 (455) — 1,872 Noninterest Expense 8,023 975 5 — 9,003 Undistributed Net Income of Subsidiary 213 — 1,123 (1,336) — Income Before Income Tax Expense (Benefit) 1,253 307 678 (1,336) 902 Income Tax Expense (Benefit) 130 94 (95) — 129 Net Income $ 1,123 $ 213 $ 773 $ (1,336) $ 773

Intangible Assets

Intangible Assets	3 Months Ended
	Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Intangible Assets The following table presents a summary of intangible assets subject to amortization at the dates indicated. March 31, 2021 December 31, 2020 Gross Carrying Amount Accumulated Amortization Net Carrying Value Gross Carrying Amount Accumulated Amortization Net Carrying Value (Dollars in thousands) Core Deposit Intangible $ 14,103 $ (7,532) $ 6,571 $ 14,103 $ (7,047) $ 7,056 Customer List 1,800 (504) 1,296 1,800 (457) 1,343 Total Intangible Assets $ 15,903 $ (8,036) $ 7,867 $ 15,903 $ (7,504) $ 8,399 The estimated amortization expense of intangible assets assumes no activities, such as acquisitions, which would result in additional amortizable intangible assets. Estimated amortization expense of intangible assets in subsequent fiscal years is as follows. Amount (Dollars in thousands) Remaining in 2021 $ 1,596 2022 2,128 2023 2,128 2024 1,430 2025 189 2026 and Thereafter 396 Total Estimated Intangible Asset Amortization Expense $ 7,867

Mortgage Servicing Rights

Mortgage Servicing Rights	3 Months Ended
	Mar. 31, 2021
Transfers and Servicing [Abstract]
Mortgage Servicing Rights	Mortgage Servicing Rights The following table presents MSR activity and net carrying values for the periods indicated. Three Months Ended 2021 2020 (Dollars in thousands) Mortgage Servicing Rights: Balance, Beginning of Period $ 1,029 $ 1,001 Additions 17 45 Amortization (79) (54) Balance, End of Period $ 967 $ 992 Valuation Allowance: Balance, Beginning of Period $ (373) $ (71) Valuation Allowance Adjustment 172 — Balance, End of Period $ (201) $ (71) Mortgage Servicing Rights, Net Carrying Value $ 766 $ 921 Amortization of MSRs and the period change in the valuation allowance are reported in Other Income on the Consolidated Statements of Income. Real estate loans serviced for others, which are not included in the Consolidated Statements of Financial Condition, totaled $101.6 million and $105.8 million at March 31, 2021 and December 31, 2020, respectively.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
Principles of Consolidation and Basis of Presentation	Principles of Consolidation and Basis of Presentation The accompanying consolidated financial statements include the accounts of CB Financial Services, Inc. (“CB Financial”) and its wholly owned subsidiary, Community Bank (the “Bank”), and the Bank’s wholly-owned subsidiary, Exchange Underwriters, Inc. (“Exchange Underwriters” or “EU”). CB Financial, the Bank and Exchange Underwriters are collectively referred to as the “Company”. All intercompany transactions and balances have been eliminated in consolidation. The accompanying unaudited interim financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) and in conformity with accounting principles generally accepted in the United States of America (“GAAP”). Certain information and note disclosures normally included in annual financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to those rules and regulations, although the Company believes that the disclosures made are adequate to make the information not misleading in any material respect. In preparing financial statements in conformity with GAAP, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and income and expenses during the reporting period. Actual results could differ significantly from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to determination of the allowance for losses on loans, the valuation of real estate acquired in connection with foreclosures or in satisfaction of loans, evaluation of securities for other-than-temporary impairment including related cash flow projections, goodwill and intangible assets impairment, and the valuation of deferred tax assets. In the opinion of management, the accompanying unaudited interim financial statements include all adjustments considered necessary for a fair presentation of the Company’s financial position and results of operations at the dates and for the periods presented. All these adjustments are of a normal, recurring nature, and they are the only adjustments included in the accompanying unaudited interim financial statements. These interim consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020. Interim results are not necessarily indicative of results for a full year. The Company evaluated subsequent events through the date the consolidated financial statements were filed with the SEC and incorporated into the consolidated financial statements the effect of all material known events determined by Accounting Standards Codification ("ASC") 855, Subsequent Events , to be recognizable events. Branch Optimization and Operational Efficiency Update As previously disclosed by the Company on February 23, 2021, the Company announced the implementation of strategic initiatives to improve the Bank’s financial performance and to position the Bank for continued profitable growth. The Bank intends to optimize its current branch network through the consolidation of six branches and the possible divestiture of others, while expanding technology and infrastructure investments in its remaining locations. The decision was the result of a comprehensive internal study that measured branch performance by comparing financial and non-financial indicators to growth opportunities, while evolving changes in consumer preferences, largely driven by the global pandemic, led to an acceleration of branch optimization efforts. The branch optimization, which is expected to be completed in 2021, will result in the Company incurring restructuring related expenses predominantly from branch consolidations, lease termination and severance costs. The Bank also completed a comprehensive review of its branch network and operating environment to identify solutions to improve operating performance. This review prioritized profitability, efficiency, infrastructure and client experience improvements, automation in operations, and digital marketing and technology investments.
Nature of Operations	Nature of Operations The Company derives substantially all its income from banking and bank-related services which include interest earnings on commercial, commercial mortgage, residential real estate and consumer loan financing, as well as interest earnings on investment securities and fees generated from deposit services to its customers. The Company provides banking services through its subsidiary, Community Bank, a Pennsylvania-chartered commercial bank. The Bank operates 15 offices in Greene, Allegheny, Washington, Fayette and Westmoreland Counties in southwestern Pennsylvania, six offices in Brooke, Marshall, Ohio, Upshur and Wetzel Counties in West Virginia, and one office in Belmont County in Ohio. The Bank is a community-oriented institution offering residential and commercial real estate loans, commercial and industrial loans, and consumer loans as well as a variety of deposit products for individuals and businesses in its market area. Property and casualty, commercial liability, surety and other insurance products are offered through Exchange Underwriters, a full-service, independent insurance agency.
Reclassifications	Reclassifications Certain comparative amounts for the prior year have been reclassified to conform to the current year presentation. Such reclassifications did not affect net income or stockholders’ equity.
Recent Accounting Standards	Recent Accounting Standards In March 2020, the Financial Accounting Standard Board (“FASB”) issued Accounting Standards Update ("ASU") 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. This ASU provides temporary optional guidance to ease the potential burden in accounting for reference rate reform. The new guidance provides optional expedients and exceptions for applying GAAP to contract modifications and hedging relationships, subject to meeting certain criteria, that reference the London Inter-bank Offered Rate (“LIBOR”) or another reference rate expected to be discontinued. The elective guidance in the ASU applies to modifications of contract terms that will directly replace, or have the potential to replace, an affected rate with another interest rate index, as well as certain contemporaneous modifications of other contract terms related to the replacement of an affected rate. The ASU notes that changes in contract terms that are made to effect the reference rate reform transition are considered related to the replacement of a reference rate if they are not the result of a business decision that is separate from or in addition to changes to the terms of a contract to effect that transition. The optional expedient allows companies to account for the modification as if it was not substantial (i.e., do not treat as an extinguishment of debt). The ASU is intended to help stakeholders during the global market-wide reference rate transition period. ASU 2020-04 is effective for all entities as of March 12, 2020 through December 31, 2022. While the LIBOR reform may require extensive changes to the contracts that govern LIBOR based products, as well as our systems and processes, we cannot yet determine whether the Company will be able to use the optional expedient for the changes to contract terms that may be required by LIBOR reform and therefore, the Company cannot yet determine the magnitude of the impact or the overall impact of the new guidance on the Company’s consolidated financial condition or results of operation. In December 2019, FASB issued ASU 2019-12, Income taxes (Topic 740); Simplifying the Accounting for Income Taxes . ASU 2019-12 provides amendments intended to reduce the cost and complexity in accounting for income taxes while maintaining or improving the usefulness of the information provided to users of financial statements. ASU 2019-12 removes the following exceptions from ASC 740, Income Taxes: (i) exceptions to the incremental approach for intraperiod tax allocation; (ii) exceptions to accounting for basis differences when a foreign subsidiary becomes an equity method investment or a foreign equity method investment become a subsidiary; and (iii) exception in interim period income tax accounting for year-to-date losses that exceed anticipated losses. ASU 2019-12 provides the following amendments that simplify and improve guidance with Topic 740: (i) franchise taxes that are based partially on income; (ii) transactions that result in a step up in the tax basis of goodwill; (iii) separate financial statements of legal entities that are not subject to tax; (iv) enacted changes in tax laws in interim periods; and (v) employee stock ownership plans and investments in qualified affordable housing projects accounted for using the equity method. For public business entities, the amendments in ASU 2019-12 are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. The adoption of this ASU did not have a material impact on the Company's consolidated statements of financial condition or results of operation. In September 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . ASU 2016-13 amends guidance on reporting credit losses for assets held at amortized cost basis and available for sale debt securities. For assets held at amortized cost basis, ASU 2016-13 eliminates the probable initial recognition threshold in current GAAP; and instead requires an entity to reflect its current estimate of all expected credit losses. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of the financial assets to present the net amount expected to be collected. For available-for-sale debt securities, credit losses should be measured in a manner similar to current GAAP, however this ASU requires that credit losses be presented as an allowance rather than as a write-down. ASU 2016-13 affects companies holding financial assets and net investment in leases that are not accounted for at fair value through net income. The ASU 2016-13 amendments affect loans, debt securities, trade receivables, net investments in leases, off balance-sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope that have the contractual right to receive cash. ASU 2016-13 was originally effective for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years, with early adoption permitted. In November 2019, the FASB approved a delay of the required implementation date of ASU 2016-13 for smaller reporting companies, including the Company, resulting in a required implementation date for the Company of January 1, 2023. Early adoption will continue to be permitted. The Company is evaluating the impact of this ASU and expects to recognize a one-time adjustment to the allowance for loan losses upon adoption, but we cannot yet determine the magnitude of the one-time adjustment or the overall impact of the new guidance on the Company’s consolidated financial condition or results of operation.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2021
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table sets forth the composition of the weighted-average common shares (denominator) used in the basic and diluted earnings per share computation. Three Months Ended 2021 2020 (Dollars in thousands, except share and per share data) Net Income $ 2,845 $ 773 Weighted-Average Basic Common Shares Outstanding 5,434,374 5,431,199 Dilutive Effect of Common Stock Equivalents (Stock Options and Restricted Stock) 2,507 25,668 Weighted-Average Diluted Common Shares and Common Stock Equivalents Outstanding 5,436,881 5,456,867 Earnings Per Share: Basic $ 0.52 $ 0.14 Diluted 0.52 0.14
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The following table presents for the periods indicated (a) options to purchase shares of common stock that were outstanding but not included in the computation of earnings per share because the options’ exercise price was greater than the average market price of the common shares for the period, and (b) shares of restricted stock awards that were not included in the computation of diluted earnings per share because the hypothetical repurchase of shares under the treasury stock method exceeded the weighted average nonvested restricted awards, therefore the effects would be anti-dilutive. Three Months Ended 2021 2020 Stock Options 201,662 78,545 Restricted Stock 33,610 30,250

Securities (Tables)

Securities (Tables)	3 Months Ended
	Mar. 31, 2021
Investments, Debt and Equity Securities [Abstract]
Debt Securities, Available-for-sale	The following table presents the amortized cost and fair value of securities available-for-sale at the dates indicated: March 31, 2021 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (Dollars in thousands) Available-for-Sale Debt Securities: U.S. Government Agencies $ 50,992 $ — $ (2,304) $ 48,688 Obligations of States and Political Subdivisions 20,664 1,063 — 21,727 Mortgage-Backed Securities - Government-Sponsored Enterprises 66,495 2,673 (177) 68,991 Total Available-for-Sale Debt Securities 138,151 3,736 (2,481) 139,406 Equity Securities: Mutual Funds 1,001 Other 1,749 Total Equity Securities 2,750 Total Securities $ 142,156 December 31, 2020 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (Dollars in thousands) Available-for-Sale Debt Securities: U.S. Government Agencies $ 41,994 $ 12 $ (595) $ 41,411 Obligations of States and Political Subdivisions 20,672 1,321 — 21,993 Mortgage-Backed Securities - Government-Sponsored Enterprises 75,900 3,593 — 79,493 Total Available-for-Sale Debt Securities 138,566 4,926 (595) 142,897 Equity Securities: Mutual Funds 1,019 Other 1,484 Total Equity Securities 2,503 Total Securities $ 145,400
Schedule of Unrealized Loss on Investments	The following tables show the Company’s gross unrealized losses and fair value, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position, at the dates indicated: March 31, 2021 Less than 12 months 12 Months or Greater Total Number of Securities Fair Value Gross Unrealized Losses Number of Securities Fair Value Gross Unrealized Losses Number of Securities Fair Value Gross Unrealized Losses (Dollars in thousands) U.S. Government Agencies 12 $ 48,688 $ (2,304) — $ — $ — 12 $ 48,688 $ (2,304) Mortgage Backed Securities- Government Sponsored Enterprises 3 13,097 (177) — — — 3 13,097 (177) Total 15 $ 61,785 $ (2,481) — $ — $ — 15 $ 61,785 $ (2,481) December 31, 2020 Less than 12 months 12 Months or Greater Total Number of Securities Fair Value Gross Unrealized Losses Number of Securities Fair Value Gross Unrealized Losses Number of Securities Fair Value Gross Unrealized Losses (Dollars in thousands) U.S. Government Agencies 7 $ 32,399 $ (595) — $ — $ — 7 $ 32,399 $ (595) Total 7 $ 32,399 $ (595) — $ — $ — 7 $ 32,399 $ (595)
Investments Classified by Contractual Maturity Date	The following table presents the scheduled maturities of debt securities as of the date indicated: March 31, 2021 Amortized Cost Fair Value (Dollars in thousands) Due in One Year or Less $ 500 $ 500 Due after One Year through Five Years 4,807 4,872 Due after Five Years through Ten Years 64,948 64,085 Due after Ten Years 67,896 69,949 Total $ 138,151 $ 139,406
Schedule of Realized Gain (Loss)	The following table presents the gross realized gain and loss on sales of debt securities, as well as gain and loss on equity securities from both sales and market adjustments for the periods indicated. All gains and losses presented in the table below are reported in net gain (loss) on securities on the Consolidated Statements of Income. Three Months Ended 2021 2020 (Dollars in thousands) Debt Securities Gross Realized Gain $ 225 $ — Gross Realized Loss — — Net Gain on Debt Securities $ 225 $ — Equity Securities Net Unrealized Gain (Loss) Recognized on Securities Held $ 222 $ (438) Net Realized Gain Recognized on Securities Sold — — Net Gain (Loss) on Equity Securities $ 222 $ (438) Net Gain (Loss) on Securities $ 447 $ (438)

Loans and Allowance for Loan _2

Loans and Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2021
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	The following table presents the classifications of loans as of the dates indicated. March 31, 2021 December 31, 2020 Amount Percent Amount Percent (Dollars in thousands) Real Estate: Residential $ 339,596 32.6 % $ 344,142 32.9 % Commercial 370,118 35.5 373,555 35.9 Construction 77,714 7.5 72,600 6.9 Commercial and Industrial 128,931 12.4 126,813 12.1 Consumer 111,650 10.7 113,854 10.9 Other 13,688 1.3 13,789 1.3 Total Loans 1,041,697 100.0 % 1,044,753 100.0 % Allowance for Loan Losses (12,725) (12,771) Loans, Net $ 1,028,972 $ 1,031,982
Financing Receivable Credit Quality Indicators	The following table presents loans summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system as of the dates indicated. At March 31, 2021 and December 31, 2020, there were no loans in the criticized category of Loss within the internal risk rating system. March 31, 2021 Pass Special Mention Substandard Doubtful Total (Dollars in Thousands) Real Estate: Residential $ 336,031 $ 1,090 $ 2,475 $ — $ 339,596 Commercial 322,743 31,818 15,557 — 370,118 Construction 72,969 2,145 2,600 — 77,714 Commercial and Industrial 114,911 7,943 5,493 584 128,931 Consumer 111,598 — 52 — 111,650 Other 13,612 76 — — 13,688 Total Loans $ 971,864 $ 43,072 $ 26,177 $ 584 $ 1,041,697 December 31, 2020 Pass Special Mention Substandard Doubtful Total (Dollars in Thousands) Real Estate: Residential $ 340,573 $ 1,115 $ 2,454 $ — $ 344,142 Commercial 320,358 37,482 15,715 — 373,555 Construction 68,343 53 4,204 — 72,600 Commercial and Industrial 113,797 7,787 4,620 609 126,813 Consumer 113,805 — 49 — 113,854 Other 13,711 78 — — 13,789 Total Loans $ 970,587 $ 46,515 $ 27,042 $ 609 $ 1,044,753
Financing Receivable, Past Due	The following table presents the classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans as of the dates indicated. March 31, 2021 Loans Current 30-59 Days Past Due 60-89 Days Past Due 90 Days Or More Past Due Total Past Due Non- Accrual Total Loans (Dollars in Thousands) Real Estate: Residential $ 336,483 $ 1,253 $ — $ — $ 1,253 $ 1,860 $ 339,596 Commercial 363,057 — — — — 7,061 370,118 Construction 77,714 — — — — — 77,714 Commercial and Industrial 127,127 — — — — 1,804 128,931 Consumer 111,346 249 3 — 252 52 111,650 Other 13,688 — — — — — 13,688 Total Loans $ 1,029,415 $ 1,502 $ 3 $ — $ 1,505 $ 10,777 $ 1,041,697 December 31, 2020 Loans Current 30-59 Days Past Due 60-89 Days Past Due 90 Days Or More Past Due Total Past Due Non- Accrual Total Loans (Dollars in Thousands) Real Estate: Residential $ 339,067 $ 2,919 $ 315 $ — $ 3,234 $ 1,841 $ 344,142 Commercial 365,712 1 740 — 741 7,102 373,555 Construction 72,600 — — — — — 72,600 Commercial and Industrial 124,916 — — — — 1,897 126,813 Consumer 112,952 784 61 8 853 49 113,854 Other 13,789 — — — — — 13,789 Total Loans $ 1,029,036 $ 3,704 $ 1,116 $ 8 $ 4,828 $ 10,889 $ 1,044,753
Financing Receivable, Nonaccrual	The following table sets forth the amounts and categories of nonperforming assets at the dates indicated. Included in nonperforming loans and assets are troubled debt restructurings (“TDRs”), which are loans whose contractual terms have been restructured in a manner which grants a concession to a borrower experiencing financial difficulties. Nonaccrual TDRs are included in their specific loan category in the nonaccrual loans section. Nonperforming loans do not include loans modified under Section 4013 of the CARES Act and interagency guidance as further explained below. March 31, December 31, (Dollars in Thousands) Nonaccrual Loans: Real Estate: Residential $ 1,860 $ 1,841 Commercial 7,061 7,102 Commercial and Industrial 1,804 1,897 Consumer 52 49 Total Nonaccrual Loans 10,777 10,889 Accruing Loans Past Due 90 Days or More: Real Estate: Residential — — Consumer — 8 Total Accruing Loans Past Due 90 Days or More — 8 Total Nonaccrual Loans and Accruing Loans Past Due 90 Days or More 10,777 10,897 Troubled Debt Restructurings, Accruing: Real Estate Residential 641 650 Commercial 2,777 2,861 Commercial and Industrial 57 80 Total Troubled Debt Restructurings, Accruing 3,475 3,591 Total Nonperforming Loans 14,252 14,488 Other Real Estate Owned: Residential — — Commercial 208 208 Total Other Real Estate Owned 208 208 Total Nonperforming Assets $ 14,460 $ 14,696 Nonperforming Loans to Total Loans 1.37 % 1.39 % Nonperforming Assets to Total Assets 0.98 1.04
Financing Receivable, Loan Forbearance	The following table provides details of loans in forbearance as of the dates indicated. March 31, 2021 December 31, 2020 Number Amount % of Portfolio Number Amount % of Portfolio (Dollars in thousands) Real Estate: Residential 7 1,343 0.4 % 4 749 0.2 % Commercial 7 13,814 3.7 % 8 19,818 5.3 % Construction 1 1,958 2.5 % 1 1,958 2.7 % Commercial and Industrial 5 1,219 0.9 % 5 1,219 1.0 % Consumer 5 106 0.1 % 13 356 0.3 % Total Loans in Forbearance 25 $ 18,440 1.8 % 31 $ 24,100 2.3 %
Impaired Financing Receivables	The following table presents a summary of the loans considered to be impaired as of the dates indicated. March 31, 2021 Recorded Investment Related Allowance Unpaid Principal Balance Average Recorded Investment Interest Income Recognized (Dollars in thousands) With No Related Allowance Recorded: Real Estate: Residential $ 1,174 $ — $ 1,178 $ 1,177 $ 12 Commercial 33,497 — 33,627 33,666 361 Construction 2,599 — 2,599 2,599 23 Commercial and Industrial 3,703 — 3,938 3,956 28 Total With No Related Allowance Recorded $ 40,973 $ — $ 41,342 $ 41,398 $ 424 With A Related Allowance Recorded: Real Estate: Residential $ — $ — $ — $ — $ — Commercial 571 269 571 576 6 Construction — — — — — Commercial and Industrial 2,487 502 2,487 2,512 17 Total With A Related Allowance Recorded $ 3,058 $ 771 $ 3,058 $ 3,088 $ 23 Total Impaired Loans: Real Estate: Residential $ 1,174 $ — $ 1,178 $ 1,177 $ 12 Commercial 34,068 269 34,198 34,242 367 Construction 2,599 — 2,599 2,599 23 Commercial and Industrial 6,190 502 6,425 6,468 45 Total Impaired Loans $ 44,031 $ 771 $ 44,400 $ 44,486 $ 447 December 31, 2020 Recorded Investment Related Allowance Unpaid Principal Balance Average Recorded Investment Interest Income Recognized (Dollars in thousands) With No Related Allowance Recorded: Real Estate: Residential $ 1,183 $ — $ 1,187 $ 1,194 $ 46 Commercial 31,865 — 32,887 37,443 1,418 Construction 4,204 — 4,204 4,013 159 Commercial and Industrial 3,296 — 3,506 3,426 89 Total With No Related Allowance Recorded $ 40,548 $ — $ 41,784 $ 46,076 $ 1,712 With A Related Allowance Recorded: Real Estate: Residential $ — $ — $ — $ — $ — Commercial 1,524 293 1,524 1,585 72 Construction — — — — — Commercial and Industrial 2,069 356 2,069 2,114 57 Total With A Related Allowance Recorded $ 3,593 $ 649 $ 3,593 $ 3,699 $ 129 Total Impaired Loans Real Estate: Residential $ 1,183 $ — $ 1,187 $ 1,194 $ 46 Commercial 33,389 293 34,411 39,028 1,490 Construction 4,204 — 4,204 4,013 159 Commercial and Industrial 5,365 356 5,575 5,540 146 Total Impaired Loans $ 44,141 $ 649 $ 45,377 $ 49,775 $ 1,841
Financing Receivable, Allowance for Credit Loss	The following tables present the activity in the allowance for loan losses summarized by primary segments and segregated into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for potential impairment at the dates and for the periods indicated. Real Estate Residential Real Estate Commercial Real Estate Construction Commercial and Industrial Consumer Other Unallocated Total (Dollars in thousands) December 31, 2020 $ 2,249 $ 6,010 $ 889 $ 1,423 $ 1,283 $ — $ 917 $ 12,771 Charge-offs — — — — (95) — — (95) Recoveries 9 — — 12 28 — — 49 Provision (283) (93) 50 108 (113) — 331 — March 31, 2021 $ 1,975 $ 5,917 $ 939 $ 1,543 $ 1,103 $ — $ 1,248 $ 12,725 March 31, 2021 Real Estate Residential Real Estate Commercial Real Estate Construction Commercial and Industrial Consumer Other Unallocated Total (Dollars in thousands) Individually Evaluated for Impairment $ — $ 269 $ — $ 502 $ — $ — $ — $ 771 Collectively Evaluated for Potential Impairment $ 1,975 $ 5,648 $ 939 $ 1,041 $ 1,103 $ — $ 1,248 $ 11,954 December 31, 2020 Real Estate Residential Real Estate Commercial Real Estate Construction Commercial and Industrial Consumer Other Unallocated Total (Dollars in thousands) Individually Evaluated for Impairment $ — $ 293 $ — $ 356 $ — $ — $ — $ 649 Collectively Evaluated for Potential Impairment $ 2,249 $ 5,717 $ 889 $ 1,067 $ 1,283 $ — $ 917 $ 12,122 Real Estate Residential Real Estate Commercial Real Estate Construction Commercial and Industrial Consumer Other Unallocated Total (Dollars in thousands) December 31, 2019 $ 2,023 $ 3,210 $ 285 $ 2,412 $ 1,417 $ — $ 520 $ 9,867 Charge-offs (25) — — — (99) — — (124) Recoveries 2 14 — 9 54 — — 79 Provision 685 1,651 379 (829) 507 — 107 2,500 March 31, 2020 $ 2,685 $ 4,875 $ 664 $ 1,592 $ 1,879 $ — $ 627 $ 12,322 March 31, 2020 Real Estate Residential Real Estate Commercial Real Estate Construction Commercial and Industrial Consumer Other Unallocated Total (Dollars in thousands) Individually Evaluated for Impairment $ — $ 392 $ — $ 259 $ — $ — $ — $ 651 Collectively Evaluated for Potential Impairment $ 2,685 $ 4,483 $ 664 $ 1,333 $ 1,879 $ — $ 627 $ 11,671
Allowance for Credit Loss Individually Collectively Evaluated for Impairment	The following table presents the major classifications of loans summarized by individually evaluated for impairment and collectively evaluated for potential impairment as of the dates indicated. At March 31, 2021 and December 31, 2020, commercial and industrial loans include $60.4 million and $55.1 million, respectively, of PPP loans collectively evaluated for potential impairment. No allowance for loan loss was allocated to the PPP loan portfolio due to the Bank complying with the lender obligations that ensure SBA guarantee. March 31, 2021 Real Estate Residential Real Estate Commercial Real Estate Construction Commercial and Industrial Consumer Other Total (Dollars in thousands) Individually Evaluated for Impairment $ 1,174 $ 34,068 $ 2,599 $ 6,190 $ — $ — $ 44,031 Collectively Evaluated for Potential Impairment 338,422 336,050 75,115 122,741 111,650 13,688 997,666 Total Loans $ 339,596 $ 370,118 $ 77,714 $ 128,931 $ 111,650 $ 13,688 $ 1,041,697 December 31, 2020 Real Estate Residential Real Estate Commercial Real Estate Construction Commercial and Industrial Consumer Other Total (Dollars in thousands) Individually Evaluated for Impairment $ 1,183 $ 33,389 $ 4,204 $ 5,365 $ — $ — $ 44,141 Collectively Evaluated for Potential Impairment 342,959 340,166 68,396 121,448 113,854 13,789 1,000,612 Total Loans $ 344,142 $ 373,555 $ 72,600 $ 126,813 $ 113,854 $ 13,789 $ 1,044,753
Schedule of Accretable Discount on Loans Acquired at Fair Value	The following table presents changes in the accretable discount on the loans acquired at fair value at the dates indicated. Accretable Discount (Dollars in Thousands) December 31, 2020 $ 1,194 Accretable Yield (138) March 31, 2021 $ 1,056

Deposits (Tables)

Deposits (Tables)	3 Months Ended
	Mar. 31, 2021
Deposits [Abstract]
Time Deposit Maturities	The following table shows the maturities of time deposits for the next five years and beyond at the date indicated. March 31, (Dollars in thousands) One Year or Less $ 79,821 Over One Through Two Years 51,301 Over Two Through Three Years 25,961 Over Three Through Four Years 8,582 Over Four Through Five Years 11,237 Over Five Years 3,795 Total $ 180,697

Short-Term Borrowings (Tables)

Short-Term Borrowings (Tables)	3 Months Ended
	Mar. 31, 2021
Debt Disclosure [Abstract]
Schedule of Debt	The following table sets forth the components of short-term borrowings as of the dates indicated. March 31, 2021 December 31, 2020 Amount Weighted Amount Weighted (Dollars in thousands) Securities Sold Under Agreements to Repurchase: Balance at Period End $ 45,352 0.21 % $ 41,055 0.21 % Average Balance Outstanding During the Period 41,094 0.23 37,819 0.36 Maximum Amount Outstanding at any Month End 45,352 46,123 Securities Collaterizing the Agreements at Period-End: Carrying Value 47,430 46,312 Market Value 46,571 47,283

Other Borrowed Funds (Tables)

Other Borrowed Funds (Tables)	3 Months Ended
	Mar. 31, 2021
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	The following table sets forth the scheduled maturities of other borrowed funds at the dates indicated. March 31, 2021 December 31, 2020 Amount Weighted Average Rate Amount Weighted Average Rate (Dollars in thousands) Due in One Year $ 3,000 2.23 % $ 2,000 2.12 % Due After One Year to Two Years 3,000 2.41 3,000 2.23 Due After Two Years to Three Years — — 3,000 2.41 Total $ 6,000 2.32 % $ 8,000 2.27 %

Fair Value Disclosure (Tables)

Fair Value Disclosure (Tables)	3 Months Ended
	Mar. 31, 2021
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table presents the financial assets measured at fair value on a recurring basis and reported on the Consolidated Statements of Financial Condition as of the dates indicated, by level within the fair value hierarchy. The majority of the Company’s securities are included in Level 2 of the fair value hierarchy. Fair values for Level 2 securities were primarily determined by a third-party pricing service using both quoted prices for similar assets, when available, and model-based valuation techniques that derive fair value based on market-corroborated data, such as instruments with similar prepayment speeds and default interest rates. The standard inputs that are normally used include benchmark yields of like securities, reportable trades, broker/dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers, and reference data including market research publications. There were no transfers into or out of Level 3 during the three months ended March 31, 2021 or year ended December 31, 2020. Fair Value Hierarchy March 31 December 31 (Dollars in thousands) Securities: Available-for-Sale Debt Securities U.S. Government Agencies Level 2 $ 48,688 $ 41,411 Obligations of States and Political Subdivisions Level 2 21,727 21,993 Mortgage-Backed Securities - Government-Sponsored Enterprises Level 2 68,991 79,493 Total Available-for-Sale Debt Securities 139,406 142,897 Equity Securities Mutual Funds Level 1 1,001 1,019 Other Level 1 1,749 1,484 Total Equity Securities 2,750 2,503 Total Securities $ 142,156 $ 145,400
Fair Value Measurement Inputs and Valuation Techniques	The following table presents the financial assets on the Consolidated Statements of Financial Condition measured at fair value on a nonrecurring basis as of the dates indicated by level within the fair value hierarchy for only those nonrecurring assets that had a fair value below the carrying amount. The table also presents the significant unobservable inputs used in the fair value measurements. Financial Asset Fair Value Hierarchy March 31, Valuation Significant Unobservable Inputs Range Weighted Average (Dollars in thousands) Impaired Loans Individually Assessed Level 3 $ 2,287 Appraisal of Collateral (1) Appraisal Adjustments (2) 0 % to 50 % — Mortgage Servicing Rights Level 3 766 Discounted Cash Flow Discount Rate 9 % to 11 % 9.8% Prepayment Speed 8 % to 23 % 13.8% Financial Asset Fair Value Hierarchy December 31, Valuation Significant Unobservable Inputs Range Weighted Average (Dollars in thousands) Impaired Loans Individually Assessed Level 3 $ 2,944 Appraisal of Collateral (1) Appraisal Adjustments (2) 0 % to 50 % — Mortgage Servicing Rights Level 3 656 Discounted Cash Flow Discount Rate 9 % to 11 % 10.0% Prepayment Speed 12 % to 27 % 18.7% OREO Level 3 34 Appraisal of Collateral (1) Liquidation Expenses (2) 10 % to 30 % — (1) Fair value is generally determined through independent appraisals of the underlying collateral, which may include various Level 3 inputs, which are not identifiable. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range and weighted average of appraisal adjustments and liquidation expense are presented as a percent of the appraisal.
Fair Value, by Balance Sheet Grouping	The following table presents the estimated fair values of the Company’s financial instruments at the dates indicated. March 31, 2021 December 31, 2020 Fair Value Hierarchy Carrying Value Fair Value Carrying Value Fair Value (Dollars in thousands) Financial Assets: Cash and Due From Banks: Interest Bearing Level 1 $ 216,753 $ 216,753 $ 145,636 $ 145,636 Non-Interest Bearing Level 1 13,247 13,247 15,275 15,275 Securities See Above 142,156 142,156 145,400 145,400 Loans, Net Level 3 1,028,972 1,065,445 1,031,982 1,073,633 Restricted Stock Level 2 3,784 3,784 3,984 3,984 Mortgage Servicing Rights Level 3 766 766 656 656 Accrued Interest Receivable Level 2 3,738 3,738 3,872 3,872 Financial Liabilities: Deposits Level 2 1,284,463 1,287,325 1,224,569 1,231,606 Short-Term Borrowings Level 2 45,352 45,352 41,055 41,055 Other Borrowed Funds Level 2 6,000 6,098 8,000 8,067 Accrued Interest Payable Level 2 626 626 767 767

Commitments and Contingent Li_2

Commitments and Contingent Liabilities (Tables)	3 Months Ended
	Mar. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Schedule of Fair Value, Off-balance Sheet Risks	The following table presents the unused and available credit balances of financial instruments whose contracts represent credit risk at the dates indicated. March 31, December 31, (Dollars in thousands) Standby Letters of Credit $ 110 $ 120 Performance Letters of Credit 2,753 2,947 Construction Mortgages 54,628 60,312 Personal Lines of Credit 7,120 6,930 Overdraft Protection Lines 6,189 6,287 Home Equity Lines of Credit 23,160 22,110 Commercial Lines of Credit 74,272 69,738 Total Commitments $ 168,232 $ 168,444

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2021
Leases [Abstract]
Lease, Cost	The following tables present the lease expense, ROU assets, weighted average term, discount rate and maturity analysis of lease liabilities for operating leases for the periods and dates indicated. Three Months Ended 2021 2020 (Dollars in thousands) Operating Lease Expense $ 95 $ 116 Short-Term Lease Expense 8 — Variable Lease Expense 8 9 Total Lease Expense $ 111 $ 125 March 31, December 31, (Dollars in thousands) Operating Leases: ROU Assets $ 1,118 $ 1,206 Weighted Average Lease Term in Years 7.00 6.95 Weighted Average Discount Rate 2.42 % 2.39 %
Lessee, Operating Lease, Liability, Maturity	March 31, (Dollars in throusands) Maturity Analysis: Due in One Year $ 346 Due After One Year to Two Years 249 Due After Two Years to Three Years 125 Due After Three Years to Four Years 107 Due After Four to Five Years 60 Due After Five Years 352 Total $ 1,239 Less: Present Value Discount 118 Lease Liabilities $ 1,121

Other Noninterest Expense (Tabl

Other Noninterest Expense (Tables)	3 Months Ended
	Mar. 31, 2021
Other Income and Expenses [Abstract]
Schedule of Other Operating Cost and Expense, by Component	The details of other noninterest expense for the Company’s Consolidated Statements of Income for the periods indicated are as follows: Three Months Ended 2021 2020 (Dollars in thousands) Non-Employee Compensation $ 148 $ 147 Printing and Supplies 99 101 Postage 63 61 Telephone 188 169 Charitable Contributions 15 51 Dues and Subscriptions 50 76 Loan Expenses 92 145 Meals and Entertainment 34 40 Travel 22 54 Training 17 7 Bank Assessment 44 44 Insurance 60 56 Miscellaneous 150 162 Total Other Noninterest Expense $ 982 $ 1,113

Segment and Related Informati_2

Segment and Related Information (Tables)	3 Months Ended
	Mar. 31, 2021
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	The following is a table of selected financial data for the Company’s subsidiaries and consolidated results at the dates and for the periods indicated. Community Bank Exchange Underwriters, Inc. CB Financial Services, Inc. Net Eliminations Consolidated (Dollars in thousands) March 31, 2021 Assets $ 1,477,053 $ 5,207 $ 133,797 $ (139,236) $ 1,476,821 Liabilities 1,349,183 1,746 21 (7,905) 1,343,045 Stockholders' Equity 127,870 3,461 133,776 (131,331) 133,776 December 31, 2020 Assets $ 1,416,132 $ 5,379 $ 134,546 $ (139,337) $ 1,416,720 Liabilities 1,287,148 2,325 16 (7,299) 1,282,190 Stockholders' Equity 128,984 3,054 134,530 (132,038) 134,530 Three Months Ended March 31, 2021 Interest and Dividend Income $ 10,971 $ 1 $ 1,320 $ (1,304) $ 10,988 Interest Expense 1,011 — — — 1,011 Net Interest and Dividend Income 9,960 1 1,320 (1,304) 9,977 Provision for Loan Losses — — — — — Net Interest and Dividend Income After Provision for Loan Losses 9,960 1 1,320 (1,304) 9,977 Noninterest Income 1,343 1,591 240 — 3,174 Noninterest Expense 8,390 1,001 4 — 9,395 Undistributed Net Income of Subsidiary 407 — 1,301 (1,708) — Income Before Income Tax Expense 3,320 591 2,857 (3,012) 3,756 Income Tax Expense 715 184 12 — 911 Net Income $ 2,605 $ 407 $ 2,845 $ (3,012) $ 2,845 Three Months Ended March 31, 2020 Interest and Dividend Income $ 12,313 $ 1 $ 15 $ — $ 12,329 Interest Expense 1,796 — — — 1,796 Net Interest and Dividend Income 10,517 1 15 — 10,533 Provision for Loan Losses 2,500 — — — 2,500 Net Interest and Dividend Income After Provision for Loan Losses 8,017 1 15 — 8,033 Noninterest Income (Loss) 1,046 1,281 (455) — 1,872 Noninterest Expense 8,023 975 5 — 9,003 Undistributed Net Income of Subsidiary 213 — 1,123 (1,336) — Income Before Income Tax Expense (Benefit) 1,253 307 678 (1,336) 902 Income Tax Expense (Benefit) 130 94 (95) — 129 Net Income $ 1,123 $ 213 $ 773 $ (1,336) $ 773

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets	The following table presents a summary of intangible assets subject to amortization at the dates indicated. March 31, 2021 December 31, 2020 Gross Carrying Amount Accumulated Amortization Net Carrying Value Gross Carrying Amount Accumulated Amortization Net Carrying Value (Dollars in thousands) Core Deposit Intangible $ 14,103 $ (7,532) $ 6,571 $ 14,103 $ (7,047) $ 7,056 Customer List 1,800 (504) 1,296 1,800 (457) 1,343 Total Intangible Assets $ 15,903 $ (8,036) $ 7,867 $ 15,903 $ (7,504) $ 8,399
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	Estimated amortization expense of intangible assets in subsequent fiscal years is as follows. Amount (Dollars in thousands) Remaining in 2021 $ 1,596 2022 2,128 2023 2,128 2024 1,430 2025 189 2026 and Thereafter 396 Total Estimated Intangible Asset Amortization Expense $ 7,867

Mortgage Servicing Rights (Tabl

Mortgage Servicing Rights (Tables)	3 Months Ended
	Mar. 31, 2021
Transfers and Servicing [Abstract]
Schedule of Servicing Assets at Fair Value	The following table presents MSR activity and net carrying values for the periods indicated. Three Months Ended 2021 2020 (Dollars in thousands) Mortgage Servicing Rights: Balance, Beginning of Period $ 1,029 $ 1,001 Additions 17 45 Amortization (79) (54) Balance, End of Period $ 967 $ 992 Valuation Allowance: Balance, Beginning of Period $ (373) $ (71) Valuation Allowance Adjustment 172 — Balance, End of Period $ (201) $ (71) Mortgage Servicing Rights, Net Carrying Value $ 766 $ 921

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Narrative (Details)	Mar. 31, 2021office
Pennsylvania
Real Estate Properties [Line Items]
Number of offices used for operation	15
West Virginia
Real Estate Properties [Line Items]
Number of offices used for operation	6
Ohio
Real Estate Properties [Line Items]
Number of offices used for operation	1

Earnings Per Share - Narrative

Earnings Per Share - Narrative (Details)	3 Months Ended
	Mar. 31, 2021shares
Earnings Per Share [Abstract]
Incremental common shares attributable to dilutive effect of conversion of debt securities (in shares)	0

Earnings Per Share - Basic and

Earnings Per Share - Basic and Diluted Earnings Per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Earnings Per Share [Abstract]
Net Income	$ 2,845	$ 773
Weighted-Average Basic Common Shares Outstanding (in shares)	5,434,374	5,431,199
Dilutive Effect of Common Stock Equivalents (Stock Options and Restricted Stock) (in shares)	2,507	25,668
Weighted-Average Diluted Common Shares and Common Stock Equivalents Outstanding (in shares)	5,436,881	5,456,867
Earnings Per Share:
Basic (in dollars per share)	$ 0.52	$ 0.14
Diluted (in dollars per share)	$ 0.52	$ 0.14

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Computation of Diluted Earnings Per Share (Details) - shares	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount (in shares)	201,662	78,545
Restricted Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount (in shares)	33,610	30,250

Securities - Amortized Cost and

Securities - Amortized Cost and Fair Value of Investment Securities Available-for-sale (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Available-for-Sale Debt Securities:
Total	$ 138,151	$ 138,566
Gross Unrealized Gains	3,736	4,926
Gross Unrealized Losses	(2,481)	(595)
Fair Value	139,406	142,897
Equity Securities:
Total Equity Securities	2,750	2,503
Total Securities	142,156	145,400
U.S. Government Agencies
Available-for-Sale Debt Securities:
Total	50,992	41,994
Gross Unrealized Gains	0	12
Gross Unrealized Losses	(2,304)	(595)
Fair Value	48,688	41,411
Obligations of States and Political Subdivisions
Available-for-Sale Debt Securities:
Total	20,664	20,672
Gross Unrealized Gains	1,063	1,321
Gross Unrealized Losses	0	0
Fair Value	21,727	21,993
Mortgage-Backed Securities - Government-Sponsored Enterprises
Available-for-Sale Debt Securities:
Total	66,495	75,900
Gross Unrealized Gains	2,673	3,593
Gross Unrealized Losses	(177)	0
Fair Value	68,991	79,493
Mutual Funds
Equity Securities:
Total Equity Securities	1,001	1,019
Other
Equity Securities:
Total Equity Securities	$ 1,749	$ 1,484

Securities - Gross Unrealized L

Securities - Gross Unrealized Losses and Fair Value by Investment Category and Continuous Unrealized Loss Position (Details) $ in Thousands	Mar. 31, 2021USD ($)security	Dec. 31, 2020USD ($)security
Less than 12 months
Number of Securities | security	15	7
Fair Value	$ 61,785	$ 32,399
Gross Unrealized Losses	$ (2,481)	$ (595)
12 Months or Greater
Number of Securities | security	0	0
Fair Value	$ 0	$ 0
Gross Unrealized Losses	$ 0	$ 0
Total
Number of Securities | security	15	7
Fair Value	$ 61,785	$ 32,399
Gross Unrealized Losses	$ (2,481)	$ (595)
U.S. Government Agencies
Less than 12 months
Number of Securities | security	12	7
Fair Value	$ 48,688	$ 32,399
Gross Unrealized Losses	$ (2,304)	$ (595)
12 Months or Greater
Number of Securities | security	0	0
Fair Value	$ 0	$ 0
Gross Unrealized Losses	$ 0	$ 0
Total
Number of Securities | security	12	7
Fair Value	$ 48,688	$ 32,399
Gross Unrealized Losses	$ (2,304)	$ (595)
Mortgage-Backed Securities - Government-Sponsored Enterprises
Less than 12 months
Number of Securities | security	3
Fair Value	$ 13,097
Gross Unrealized Losses	$ (177)
12 Months or Greater
Number of Securities | security	0
Fair Value	$ 0
Gross Unrealized Losses	$ 0
Total
Number of Securities | security	3
Fair Value	$ 13,097
Gross Unrealized Losses	$ (177)

Securities - Narrative (Details

Securities - Narrative (Details) - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Investments, Debt and Equity Securities [Abstract]
Investment securities, available-for-sale	$ 129.1	$ 119.7

Securities - Maturities of Inve

Securities - Maturities of Investment Securities Available-for-sale and Held-to-maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Amortized Cost
Due in One Year or Less	$ 500
Due after One Year through Five Years	4,807
Due after Five Years through Ten Years	64,948
Due after Ten Years	67,896
Total	138,151	$ 138,566
Fair Value
Due in One Year or Less	500
Due after One Year through Five Years	4,872
Due after Five Years through Ten Years	64,085
Due after Ten Years	69,949
Total	$ 139,406	$ 142,897

Securities - Gains (Losses) of

Securities - Gains (Losses) of Sales of Available-for-sale Investment Securities (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Debt Securities
Gross Realized Gain	$ 225	$ 0
Gross Realized Loss	0	0
Net Gain on Debt Securities	225	0
Equity Securities
Net Unrealized Gain (Loss) Recognized on Securities Held	222	(438)
Net Realized Gain Recognized on Securities Sold	0	0
Net Gain (Loss) on Equity Securities	222	(438)
Net Gain (Loss) on Securities	$ 447	$ (438)

Loans and Allowance for Loan _3

Loans and Allowance for Loan Losses - Classification of Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020	Dec. 31, 2019
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	$ 1,041,697	$ 1,044,753
Allowance for Loan Losses	(12,725)	(12,771)	$ (12,322)	$ (9,867)
Loans, Net	$ 1,028,972	$ 1,031,982
Percent	100.00%	100.00%
Real Estate | Residential
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	$ 339,596	$ 344,142
Allowance for Loan Losses	$ (1,975)	$ (2,249)	(2,685)	(2,023)
Percent	32.60%	32.90%
Real Estate | Commercial
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	$ 370,118	$ 373,555
Allowance for Loan Losses	$ (5,917)	$ (6,010)	(4,875)	(3,210)
Percent	35.50%	35.90%
Real Estate | Construction
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	$ 77,714	$ 72,600
Allowance for Loan Losses	$ (939)	$ (889)	(664)	(285)
Percent	7.50%	6.90%
Commercial and Industrial
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	$ 128,931	$ 126,813
Allowance for Loan Losses	$ (1,543)	$ (1,423)	(1,592)	(2,412)
Percent	12.40%	12.10%
Consumer
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	$ 111,650	$ 113,854
Allowance for Loan Losses	$ (1,103)	$ (1,283)	(1,879)	(1,417)
Percent	10.70%	10.90%
Other
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	$ 13,688	$ 13,789
Allowance for Loan Losses	$ 0	$ 0	$ 0	$ 0
Percent	1.30%	1.30%

Loans and Allowance for Loan _4

Loans and Allowance for Loan Losses - Narrative (Details)	3 Months Ended
	Mar. 31, 2021USD ($)loan	Mar. 31, 2020USD ($)loanoffice	Dec. 31, 2020USD ($)loan
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, before allowance for credit loss	$ 1,041,697,000		$ 1,044,753,000
Total unamortized net deferred loan fees	2,500,000		2,000,000
Financing receivable, nonaccrual, interest income	61,000	$ 11,000
Mortgage loans in process of foreclosure, amount	$ 754,000		$ 806,000
Financing receivable, TDRs, number of contracts | loan	16		17
Financing receivable, troubled debt restructuring	$ 4,100,000		$ 4,200,000
Financing receivable, modifications, number of contracts	0	0
Financing receivable, modifications, number of contracts paid off | loan		0
Financing receivable, troubled debt restructuring, subsequent default, number of contracts | loan	0	0
Non-TDR Loan Modifications, CARES Act
Loans and Leases Receivable Disclosure [Line Items]
Number of loans in forbearance | loan	25		31
Financing receivable, before allowance for credit loss, in forbearance	$ 18,440,000		$ 24,100,000
COVID-19
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, non-TDR modification period, interest only payments	3 months
Financing receivable, non-TDR modification period, maturity date extension	3 months
COVID-19 | Minimum
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, non-TDR modification period, deferred payments	3 months
COVID-19 | Maximum
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, non-TDR modification period, deferred payments	6 months
Unlikely to be Collected Financing Receivable
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, before allowance for credit loss	$ 0		0
Commercial
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, before allowance for credit loss	$ 128,931,000		$ 126,813,000
Commercial | Non-TDR Loan Modifications, CARES Act
Loans and Leases Receivable Disclosure [Line Items]
Number of loans in forbearance | loan	5		5
Financing receivable, before allowance for credit loss, in forbearance	$ 1,219,000		$ 1,219,000
Commercial | First Draw And Second Draw Paycheck Protection Program, CARES Act
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, number of contracts | loan	156
Financing receivable, before allowance for credit loss	$ 25,000,000
Financing receivable, unamortized loan fee	984,000,000
Commercial | Paycheck Protection Program, CARES Act
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, before allowance for credit loss	60,400,000		55,100,000
Financing receivable, unamortized loan fee	1,500,000		1,100,000
Financing receivable, before allowance for credits loss, period increase (decrease)	5,300,000
Amortization of deferred loan origination fees, net	535,000
Commercial | Paycheck Protection Program, CARES Act | Principal Forgiveness
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, before allowance for credit loss	19,700,000
Commercial | Paycheck Protection Program, CARES Act | Healthcare Sector
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, before allowance for credit loss	10,100,000
Commercial | Paycheck Protection Program, CARES Act | Construction and Specialty-Trade Contractors Sector
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, before allowance for credit loss	15,200,000
Commercial | Paycheck Protection Program, CARES Act | Professional and Technical Services Sector
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, before allowance for credit loss	8,200,000
Commercial | Paycheck Protection Program, CARES Act | Retail Sector
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, before allowance for credit loss	3,500,000
Commercial | Paycheck Protection Program, CARES Act | Wholesale Trade Sector
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, before allowance for credit loss	4,500,000
Commercial | Paycheck Protection Program, CARES Act | Manufacturing Sector
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, before allowance for credit loss	4,900,000
Commercial | Paycheck Protection Program, CARES Act | Restaurant and Food Service Sector
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, before allowance for credit loss	5,000,000
Real Estate | Commercial
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, before allowance for credit loss	$ 370,118,000		$ 373,555,000
Real Estate | Commercial | Non-TDR Loan Modifications, CARES Act
Loans and Leases Receivable Disclosure [Line Items]
Number of loans in forbearance | loan	7		8
Financing receivable, before allowance for credit loss, in forbearance	$ 13,814,000		$ 19,818,000
Real Estate | Commercial | Hotel | Non-TDR Loan Modifications, CARES Act
Loans and Leases Receivable Disclosure [Line Items]
Number of loans in forbearance | loan	2
Financing receivable, before allowance for credit loss, in forbearance	$ 4,600,000
Real Estate | Commercial | Office Space | Non-TDR Loan Modifications, CARES Act
Loans and Leases Receivable Disclosure [Line Items]
Number of loans in forbearance | loan	1
Financing receivable, before allowance for credit loss, in forbearance	$ 5,500,000
Real Estate | Commercial | Business Relationship | Non-TDR Loan Modifications, CARES Act
Loans and Leases Receivable Disclosure [Line Items]
Number of loans in forbearance | loan	3
Financing receivable, before allowance for credit loss, in forbearance	$ 3,300,000
Real Estate | Construction
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, before allowance for credit loss	$ 77,714,000		$ 72,600,000
Real Estate | Construction | Minimum
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, interest-only payment term	12 months
Real Estate | Construction | Maximum
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, interest-only payment term	18 months
Real Estate | Construction | Non-TDR Loan Modifications, CARES Act
Loans and Leases Receivable Disclosure [Line Items]
Number of loans in forbearance | loan	1		1
Financing receivable, before allowance for credit loss, in forbearance	$ 1,958,000		$ 1,958,000
Real Estate | Construction | Hotel | Non-TDR Loan Modifications, CARES Act
Loans and Leases Receivable Disclosure [Line Items]
Number of loans in forbearance | loan	1
Financing receivable, before allowance for credit loss, in forbearance	$ 2,000,000
Real Estate | Residential
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, before allowance for credit loss	$ 339,596,000		$ 344,142,000
Financing receivable, modifications, number of contracts paid off | loan	1
Financing receivable, modifications, troubled debt restructuring, paid off	$ 3,000
Real Estate | Residential | Non-TDR Loan Modifications, CARES Act
Loans and Leases Receivable Disclosure [Line Items]
Number of loans in forbearance | loan	7		4
Financing receivable, before allowance for credit loss, in forbearance	$ 1,343,000		$ 749,000

Loans and Allowance for Loan _5

Loans and Allowance for Loan Losses - Internal Risk Rating System (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	$ 1,041,697	$ 1,044,753
Pass
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	971,864	970,587
Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	43,072	46,515
Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	26,177	27,042
Doubtful
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	584	609
Real Estate | Residential
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	339,596	344,142
Real Estate | Residential | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	336,031	340,573
Real Estate | Residential | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	1,090	1,115
Real Estate | Residential | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	2,475	2,454
Real Estate | Residential | Doubtful
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Real Estate | Commercial
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	370,118	373,555
Real Estate | Commercial | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	322,743	320,358
Real Estate | Commercial | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	31,818	37,482
Real Estate | Commercial | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	15,557	15,715
Real Estate | Commercial | Doubtful
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Real Estate | Construction
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	77,714	72,600
Real Estate | Construction | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	72,969	68,343
Real Estate | Construction | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	2,145	53
Real Estate | Construction | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	2,600	4,204
Real Estate | Construction | Doubtful
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Commercial and Industrial
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	128,931	126,813
Commercial and Industrial | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	114,911	113,797
Commercial and Industrial | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	7,943	7,787
Commercial and Industrial | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	5,493	4,620
Commercial and Industrial | Doubtful
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	584	609
Consumer
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	111,650	113,854
Consumer | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	111,598	113,805
Consumer | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Consumer | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	52	49
Consumer | Doubtful
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Other
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	13,688	13,789
Other | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	13,612	13,711
Other | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	76	78
Other | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Other | Doubtful
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	$ 0	$ 0

Loans and Allowance for Loan _6

Loans and Allowance for Loan Losses - Loans by Aging Categories (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Financing Receivable, Past Due [Line Items]
Loans Current	$ 1,029,415	$ 1,029,036
Total Past Due	1,505	4,828
Non- Accrual	10,777	10,889
Total Loans	1,041,697	1,044,753
30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	1,502	3,704
60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	3	1,116
90 Days Or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	0	8
Real Estate | Residential
Financing Receivable, Past Due [Line Items]
Loans Current	336,483	339,067
Total Past Due	1,253	3,234
Non- Accrual	1,860	1,841
Total Loans	339,596	344,142
Real Estate | Commercial
Financing Receivable, Past Due [Line Items]
Loans Current	363,057	365,712
Total Past Due	0	741
Non- Accrual	7,061	7,102
Total Loans	370,118	373,555
Real Estate | Construction
Financing Receivable, Past Due [Line Items]
Loans Current	77,714	72,600
Total Past Due	0	0
Non- Accrual	0	0
Total Loans	77,714	72,600
Real Estate | 30-59 Days Past Due | Residential
Financing Receivable, Past Due [Line Items]
Total Past Due	1,253	2,919
Real Estate | 30-59 Days Past Due | Commercial
Financing Receivable, Past Due [Line Items]
Total Past Due	0	1
Real Estate | 30-59 Days Past Due | Construction
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Real Estate | 60-89 Days Past Due | Residential
Financing Receivable, Past Due [Line Items]
Total Past Due	0	315
Real Estate | 60-89 Days Past Due | Commercial
Financing Receivable, Past Due [Line Items]
Total Past Due	0	740
Real Estate | 60-89 Days Past Due | Construction
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Real Estate | 90 Days Or More Past Due | Residential
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Real Estate | 90 Days Or More Past Due | Commercial
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Real Estate | 90 Days Or More Past Due | Construction
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Commercial and Industrial
Financing Receivable, Past Due [Line Items]
Loans Current	127,127	124,916
Total Past Due	0	0
Non- Accrual	1,804	1,897
Total Loans	128,931	126,813
Commercial and Industrial | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Commercial and Industrial | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Commercial and Industrial | 90 Days Or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Consumer
Financing Receivable, Past Due [Line Items]
Loans Current	111,346	112,952
Total Past Due	252	853
Non- Accrual	52	49
Total Loans	111,650	113,854
Consumer | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	249	784
Consumer | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	3	61
Consumer | 90 Days Or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	0	8
Other
Financing Receivable, Past Due [Line Items]
Loans Current	13,688	13,789
Total Past Due	0	0
Non- Accrual	0	0
Total Loans	13,688	13,789
Other | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Other | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Other | 90 Days Or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	$ 0	$ 0

Loans and Allowance for Loan _7

Loans and Allowance for Loan Losses - Nonaccrual TDRs (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Financing Receivable, Troubled Debt Restructuring [Line Items]
Non- Accrual	$ 10,777	$ 10,889
Total Troubled Debt Restructurings, Accruing	4,100	4,200
Total Loans	1,041,697	1,044,753
TOTAL ASSETS	$ 1,476,821	$ 1,416,720
Nonperforming Loans to Total Loans	1.37%	1.39%
Nonperforming Assets to Total Assets	0.98%	1.04%
Nonperforming Financial Instruments
Financing Receivable, Troubled Debt Restructuring [Line Items]
Non- Accrual	$ 10,777	$ 10,889
Total Accruing Loans Past Due 90 Days or More	0	8
Total Nonaccrual Loans and Accruing Loans Past Due 90 Days or More	10,777	10,897
Total Troubled Debt Restructurings, Accruing	3,475	3,591
Total Loans	14,252	14,488
Total Other Real Estate Owned	208	208
TOTAL ASSETS	14,460	14,696
Real Estate | Residential
Financing Receivable, Troubled Debt Restructuring [Line Items]
Non- Accrual	1,860	1,841
Total Loans	339,596	344,142
Real Estate | Residential | Nonperforming Financial Instruments
Financing Receivable, Troubled Debt Restructuring [Line Items]
Non- Accrual	1,860	1,841
Total Accruing Loans Past Due 90 Days or More	0	0
Total Troubled Debt Restructurings, Accruing	641	650
Total Other Real Estate Owned	0	0
Real Estate | Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Non- Accrual	7,061	7,102
Total Loans	370,118	373,555
Real Estate | Commercial | Nonperforming Financial Instruments
Financing Receivable, Troubled Debt Restructuring [Line Items]
Non- Accrual	7,061	7,102
Total Troubled Debt Restructurings, Accruing	2,777	2,861
Total Other Real Estate Owned	208	208
Commercial and Industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Non- Accrual	1,804	1,897
Total Loans	128,931	126,813
Commercial and Industrial | Nonperforming Financial Instruments
Financing Receivable, Troubled Debt Restructuring [Line Items]
Non- Accrual	1,804	1,897
Total Troubled Debt Restructurings, Accruing	57	80
Consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Non- Accrual	52	49
Total Loans	111,650	113,854
Consumer | Nonperforming Financial Instruments
Financing Receivable, Troubled Debt Restructuring [Line Items]
Non- Accrual	52	49
Total Accruing Loans Past Due 90 Days or More	$ 0	$ 8

Loans and Allowance for Loan _8

Loans and Allowance for Loan Losses - Loans in Forbearance (Details) - Non-TDR Loan Modifications, CARES Act $ in Thousands	Mar. 31, 2021USD ($)loan	Dec. 31, 2020USD ($)loan
Loans and Leases Receivable Disclosure [Line Items]
Number of Loans | loan	25	31
Amount | $	$ 18,440	$ 24,100
% of Portfolio	1.80%	2.30%
Real Estate | Residential
Loans and Leases Receivable Disclosure [Line Items]
Number of Loans | loan	7	4
Amount | $	$ 1,343	$ 749
% of Portfolio	0.40%	0.20%
Real Estate | Commercial
Loans and Leases Receivable Disclosure [Line Items]
Number of Loans | loan	7	8
Amount | $	$ 13,814	$ 19,818
% of Portfolio	3.70%	5.30%
Real Estate | Construction
Loans and Leases Receivable Disclosure [Line Items]
Number of Loans | loan	1	1
Amount | $	$ 1,958	$ 1,958
% of Portfolio	2.50%	2.70%
Commercial and Industrial
Loans and Leases Receivable Disclosure [Line Items]
Number of Loans | loan	5	5
Amount | $	$ 1,219	$ 1,219
% of Portfolio	0.90%	1.00%
Consumer
Loans and Leases Receivable Disclosure [Line Items]
Number of Loans | loan	5	13
Amount | $	$ 106	$ 356
% of Portfolio	0.10%	0.30%

Loans and Allowance for Loan _9

Loans and Allowance for Loan Losses - Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
With No Related Allowance Recorded:
Recorded Investment	$ 40,973	$ 40,548
Unpaid Principal Balance	41,342	41,784
Average Recorded Investment	41,398	46,076
Interest Income Recognized	424	1,712
With A Related Allowance Recorded:
Recorded Investment	3,058	3,593
Related Allowance	771	649
Unpaid Principal Balance	3,058	3,593
Average Recorded Investment	3,088	3,699
Interest Income Recognized	23	129
Total Impaired Loans:
Recorded Investment	44,031	44,141
Unpaid Principal Balance	44,400	45,377
Average Recorded Investment	44,486	49,775
Interest Income Recognized	447	1,841
Real Estate | Residential
With No Related Allowance Recorded:
Recorded Investment	1,174	1,183
Unpaid Principal Balance	1,178	1,187
Average Recorded Investment	1,177	1,194
Interest Income Recognized	12	46
With A Related Allowance Recorded:
Recorded Investment	0	0
Related Allowance	0	0
Unpaid Principal Balance	0	0
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Total Impaired Loans:
Recorded Investment	1,174	1,183
Unpaid Principal Balance	1,178	1,187
Average Recorded Investment	1,177	1,194
Interest Income Recognized	12	46
Real Estate | Commercial
With No Related Allowance Recorded:
Recorded Investment	33,497	31,865
Unpaid Principal Balance	33,627	32,887
Average Recorded Investment	33,666	37,443
Interest Income Recognized	361	1,418
With A Related Allowance Recorded:
Recorded Investment	571	1,524
Related Allowance	269	293
Unpaid Principal Balance	571	1,524
Average Recorded Investment	576	1,585
Interest Income Recognized	6	72
Total Impaired Loans:
Recorded Investment	34,068	33,389
Unpaid Principal Balance	34,198	34,411
Average Recorded Investment	34,242	39,028
Interest Income Recognized	367	1,490
Real Estate | Construction
With No Related Allowance Recorded:
Recorded Investment	2,599	4,204
Unpaid Principal Balance	2,599	4,204
Average Recorded Investment	2,599	4,013
Interest Income Recognized	23	159
With A Related Allowance Recorded:
Recorded Investment	0	0
Related Allowance	0	0
Unpaid Principal Balance	0	0
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Total Impaired Loans:
Recorded Investment	2,599	4,204
Unpaid Principal Balance	2,599	4,204
Average Recorded Investment	2,599	4,013
Interest Income Recognized	23	159
Commercial and Industrial
With No Related Allowance Recorded:
Recorded Investment	3,703	3,296
Unpaid Principal Balance	3,938	3,506
Average Recorded Investment	3,956	3,426
Interest Income Recognized	28	89
With A Related Allowance Recorded:
Recorded Investment	2,487	2,069
Related Allowance	502	356
Unpaid Principal Balance	2,487	2,069
Average Recorded Investment	2,512	2,114
Interest Income Recognized	17	57
Total Impaired Loans:
Recorded Investment	6,190	5,365
Unpaid Principal Balance	6,425	5,575
Average Recorded Investment	6,468	5,540
Interest Income Recognized	$ 45	$ 146

Loans and Allowance for Loan_10

Loans and Allowance for Loan Losses - Activity in the Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 12,771	$ 9,867
Charge-offs	(95)	(124)
Recoveries	49	79
Provision	0	2,500
Ending balance	12,725	12,322
Individually Evaluated for Impairment	771	651	$ 649
Collectively Evaluated for Potential Impairment	11,954	11,671	12,122
Real Estate | Residential
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	2,249	2,023
Charge-offs	0	(25)
Recoveries	9	2
Provision	(283)	685
Ending balance	1,975	2,685
Individually Evaluated for Impairment	0	0	0
Collectively Evaluated for Potential Impairment	1,975	2,685	2,249
Real Estate | Commercial
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	6,010	3,210
Charge-offs	0	0
Recoveries	0	14
Provision	(93)	1,651
Ending balance	5,917	4,875
Individually Evaluated for Impairment	269	392	293
Collectively Evaluated for Potential Impairment	5,648	4,483	5,717
Real Estate | Construction
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	889	285
Charge-offs	0	0
Recoveries	0	0
Provision	50	379
Ending balance	939	664
Individually Evaluated for Impairment	0	0	0
Collectively Evaluated for Potential Impairment	939	664	889
Commercial and Industrial
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	1,423	2,412
Charge-offs	0	0
Recoveries	12	9
Provision	108	(829)
Ending balance	1,543	1,592
Individually Evaluated for Impairment	502	259	356
Collectively Evaluated for Potential Impairment	1,041	1,333	1,067
Consumer
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	1,283	1,417
Charge-offs	(95)	(99)
Recoveries	28	54
Provision	(113)	507
Ending balance	1,103	1,879
Individually Evaluated for Impairment	0	0	0
Collectively Evaluated for Potential Impairment	1,103	1,879	1,283
Other
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	0	0
Charge-offs	0	0
Recoveries	0	0
Provision	0	0
Ending balance	0	0
Individually Evaluated for Impairment	0	0	0
Collectively Evaluated for Potential Impairment	0	0	0
Unallocated
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	917	520
Charge-offs	0	0
Recoveries	0	0
Provision	331	107
Ending balance	1,248	627
Individually Evaluated for Impairment	0	0	0
Collectively Evaluated for Potential Impairment	$ 1,248	$ 627	$ 917

Loans and Allowance for Loan_11

Loans and Allowance for Loan Losses - Loans Summarized by Individually Evaluated for Impairment and Collectively Evaluated for Potential Losses (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually Evaluated for Impairment	$ 44,031	$ 44,141
Collectively Evaluated for Potential Impairment	997,666	1,000,612
Total Loans	1,041,697	1,044,753
Real Estate | Residential
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually Evaluated for Impairment	1,174	1,183
Collectively Evaluated for Potential Impairment	338,422	342,959
Total Loans	339,596	344,142
Real Estate | Commercial
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually Evaluated for Impairment	34,068	33,389
Collectively Evaluated for Potential Impairment	336,050	340,166
Total Loans	370,118	373,555
Real Estate | Construction
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually Evaluated for Impairment	2,599	4,204
Collectively Evaluated for Potential Impairment	75,115	68,396
Total Loans	77,714	72,600
Commercial and Industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually Evaluated for Impairment	6,190	5,365
Collectively Evaluated for Potential Impairment	122,741	121,448
Total Loans	128,931	126,813
Consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually Evaluated for Impairment	0	0
Collectively Evaluated for Potential Impairment	111,650	113,854
Total Loans	111,650	113,854
Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually Evaluated for Impairment	0	0
Collectively Evaluated for Potential Impairment	13,688	13,789
Total Loans	$ 13,688	$ 13,789

Loans and Allowance for Loan_12

Loans and Allowance for Loan Losses - Accretable Discount on Loans Acquired at Fair Value (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield Movement Schedule [Roll Forward]
Beginning balance	$ 1,194
Accretable Yield	(138)
Ending balance	$ 1,056

Deposits - Maturities of Time D

Deposits - Maturities of Time Deposits (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Deposits [Abstract]
One Year or Less	$ 79,821
Over One Through Two Years	51,301
Over Two Through Three Years	25,961
Over Three Through Four Years	8,582
Over Four Through Five Years	11,237
Over Five Years	3,795
Total	$ 180,697	$ 190,013

Deposits - Narrative (Details)

Deposits - Narrative (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Deposits [Abstract]
Time deposits, at or above FDIC insurance limit	$ 53,900	$ 59,200
Deposit liabilities reclassified as loans receivable	$ 181	$ 231

Short-Term Borrowings - Federal

Short-Term Borrowings - Federal Funds Purchased and Short-term Borrowings (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Amount
Balance at Period End	$ 45,352	$ 41,055
Securities Sold under Agreements to Repurchase
Amount
Balance at Period End	45,352	41,055
Average Balance Outstanding During the Period	41,094	37,819
Maximum Amount Outstanding at any Month End	$ 45,352	$ 46,123
Weighted Average Rate
Balance at Period End	0.21%	0.21%
Average Balance Outstanding During the Period	0.23%	0.36%
Securities Collaterizing the Agreements at Period-End:
Carrying Value	$ 47,430	$ 46,312
Market Value	$ 46,571	$ 47,283

Other Borrowed Funds - Federal

Other Borrowed Funds - Federal Home Loan Bank Advances (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Amount
Due in One Year	$ 3,000	$ 2,000
Due After One Year to Two Years	3,000	3,000
Due After Two Years to Three Years	0	3,000
Total	$ 6,000	$ 8,000
Weighted Average Rate
Due in One Year	2.23%	2.12%
Due After One Year to Two Years	2.41%	2.23%
Due After Two Years to Three Years	0.00%	2.41%
Weighted Average
Weighted Average Rate
Total	2.32%	2.27%

Other Borrowed Funds - Narrativ

Other Borrowed Funds - Narrative (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Federal Home Loan Bank, Advances [Line Items]
Federal home loan bank advances, maximum amount available	$ 433,000,000
Federal home loan bank advances, amount of available unused funds	332,700,000
Federal home loan bank advances, collateral pledged	580,900,000
Other commitments	168,232,000	$ 168,444,000
Standby Letters of Credit
Federal Home Loan Bank, Advances [Line Items]
Other commitments	99,600,000	$ 90,300,000
Federal Reserve Bank
Federal Home Loan Bank, Advances [Line Items]
Line of credit facility, maximum borrowing capacity	84,400,000
Debt instrument, collateral amount	131,700,000
Various Unaffiliated Banks
Federal Home Loan Bank, Advances [Line Items]
Long-term line of credit	0
Line of credit facility, maximum borrowing capacity	50,000,000
Variable Rate Line of Credit
Federal Home Loan Bank, Advances [Line Items]
Federal home loan bank advances, maximum amount available	150,000,000
Long-term line of credit	$ 0

Fair Value Disclosure - Assets

Fair Value Disclosure - Assets and Liabilities Reported Fair Value (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Securities	$ 139,406	$ 142,897
Total Equity Securities	2,750	2,503
Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Securities	139,406	142,897
Total Equity Securities	2,750	2,503
Total Securities	142,156	145,400
U.S. Government Agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Securities	48,688	41,411
Obligations of States and Political Subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Securities	21,727	21,993
Mortgage-Backed Securities - Government-Sponsored Enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Securities	68,991	79,493
Mutual Funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Equity Securities	1,001	1,019
Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Equity Securities	1,749	1,484
Level 2 | U.S. Government Agencies | Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Securities	48,688	41,411
Level 2 | Obligations of States and Political Subdivisions | Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Securities	21,727	21,993
Level 2 | Mortgage-Backed Securities - Government-Sponsored Enterprises | Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Securities	68,991	79,493
Level 1 | Mutual Funds | Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Equity Securities	1,001	1,019
Level 1 | Other | Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Equity Securities	$ 1,749	$ 1,484

Fair Value Disclosure - Signifi

Fair Value Disclosure - Significant Unobservable Inputs Used in the Fair Value Measurements (Details) $ in Thousands	Mar. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Mar. 31, 2020USD ($)
Financial Assets:
Mortgage Servicing Rights	$ 766		$ 921
Level 3 | Fair Value, Nonrecurring
Financial Assets:
Impaired Loans Individually Assessed	2,287	$ 2,944
Mortgage Servicing Rights	$ 766	656
OREO		$ 34
Level 3 | Fair Value, Nonrecurring | Discount Rate | Weighted Average
Range
Mortgage Servicing Rights	0.098	0.100
Level 3 | Fair Value, Nonrecurring | Prepayment Speed | Weighted Average
Range
Mortgage Servicing Rights	0.138	0.187
Level 3 | Fair Value, Nonrecurring | Measurement Input, Comparability Adjustment | Weighted Average
Range
Impaired Loans Individually Assessed	0	0
Level 3 | Fair Value, Nonrecurring | Measurement Input, Cost to Sell | Weighted Average
Range
OREO		0
Level 3 | Fair Value, Nonrecurring | Appraisal of Collateral | Appraisal Adjustments | Minimum
Range
Impaired Loans Individually Assessed	0	0
OREO		0.10
Level 3 | Fair Value, Nonrecurring | Appraisal of Collateral | Appraisal Adjustments | Maximum
Range
Impaired Loans Individually Assessed	0.50	0.50
OREO		0.30
Level 3 | Fair Value, Nonrecurring | Discounted Cash Flow | Discount Rate | Minimum
Range
Mortgage Servicing Rights	0.09	0.09
Level 3 | Fair Value, Nonrecurring | Discounted Cash Flow | Discount Rate | Maximum
Range
Mortgage Servicing Rights	0.11	0.11
Level 3 | Fair Value, Nonrecurring | Discounted Cash Flow | Prepayment Speed | Minimum
Range
Mortgage Servicing Rights	0.08	0.12
Level 3 | Fair Value, Nonrecurring | Discounted Cash Flow | Prepayment Speed | Maximum
Range
Mortgage Servicing Rights	0.23	0.27

Fair Value Disclosure - Narrati

Fair Value Disclosure - Narrative (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Fair Value Disclosures [Abstract]
Recorded Investment	$ 3,058	$ 3,593
Related Allowance	$ 771	$ 649

Fair Value Disclosure - Estimat

Fair Value Disclosure - Estimated Fair Value of the Company's Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020
Financial Assets:
Total Securities	$ 139,406	$ 142,897
Mortgage Servicing Rights	766		$ 921
Carrying Value
Financial Assets:
Total Securities	142,156	145,400
Fair Value
Financial Assets:
Total Securities	142,156	145,400
Level 1 | Carrying Value
Financial Assets:
Interest Bearing	216,753	145,636
Non-Interest Bearing	13,247	15,275
Level 1 | Fair Value
Financial Assets:
Interest Bearing	216,753	145,636
Non-Interest Bearing	13,247	15,275
Level 3 | Carrying Value
Financial Assets:
Loans, Net	1,028,972	1,031,982
Mortgage Servicing Rights	766	656
Level 3 | Fair Value
Financial Assets:
Loans, Net	1,065,445	1,073,633
Mortgage Servicing Rights	766	656
Level 2 | Carrying Value
Financial Assets:
Restricted Stock	3,784	3,984
Accrued Interest Receivable	3,738	3,872
Financial Liabilities:
Deposits	1,284,463	1,224,569
Short-Term Borrowings	45,352	41,055
Other Borrowed Funds	6,000	8,000
Accrued Interest Payable	626	767
Level 2 | Fair Value
Financial Assets:
Restricted Stock	3,784	3,984
Accrued Interest Receivable	3,738	3,872
Financial Liabilities:
Deposits	1,287,325	1,231,606
Short-Term Borrowings	45,352	41,055
Other Borrowed Funds	6,098	8,067
Accrued Interest Payable	$ 626	$ 767

Commitments and Contingent Li_3

Commitments and Contingent Liabilities - Unused and Available Credit Balances of Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Loss Contingencies [Line Items]
Total Commitments	$ 168,232	$ 168,444
Standby Letters of Credit
Loss Contingencies [Line Items]
Total Commitments	110	120
Performance Letters of Credit
Loss Contingencies [Line Items]
Total Commitments	2,753	2,947
Construction Mortgages
Loss Contingencies [Line Items]
Total Commitments	54,628	60,312
Personal Lines of Credit
Loss Contingencies [Line Items]
Total Commitments	7,120	6,930
Overdraft Protection Lines
Loss Contingencies [Line Items]
Total Commitments	6,189	6,287
Home Equity Lines of Credit
Loss Contingencies [Line Items]
Total Commitments	23,160	22,110
Commercial Lines of Credit
Loss Contingencies [Line Items]
Total Commitments	$ 74,272	$ 69,738

Leases - Operating Leases (Deta

Leases - Operating Leases (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Leases [Abstract]
Operating Lease Expense	$ 95	$ 116
Short-Term Lease Expense	8	0
Variable Lease Expense	8	9
Total Lease Expense	111	$ 125
Operating Leases:
ROU Assets	$ 1,118		$ 1,206
Weighted Average Lease Term in Years	7 years		6 years 11 months 12 days
Weighted Average Discount Rate	2.42%		2.39%

Leases - Maturity of Operating

Leases - Maturity of Operating Lease (Details) $ in Thousands	Mar. 31, 2021USD ($)
Leases [Abstract]
Due in One Year	$ 346
Due After One Year to Two Years	249
Due After Two Years to Three Years	125
Due After Three Years to Four Years	107
Due After Four to Five Years	60
Due After Five Years	352
Total	1,239
Less: Present Value Discount	118
Lease Liabilities	$ 1,121

Other Noninterest Expense - Com

Other Noninterest Expense - Components of Other Noninterest Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Other Income and Expenses [Abstract]
Non-Employee Compensation	$ 148	$ 147
Printing and Supplies	99	101
Postage	63	61
Telephone	188	169
Charitable Contributions	15	51
Dues and Subscriptions	50	76
Loan Expenses	92	145
Meals and Entertainment	34	40
Travel	22	54
Training	17	7
Bank Assessment	44	44
Insurance	60	56
Miscellaneous	150	162
Total Other Noninterest Expense	$ 982	$ 1,113

Segment and Related Informati_3

Segment and Related Information - Narrative (Details)	3 Months Ended
	Mar. 31, 2021segment
Segment Reporting [Abstract]
Number of operating segments	2

Segment and Related Informati_4

Segment and Related Information - Reconciliation of Financial Data from Segments to Consolidated (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting Information [Line Items]
Assets	$ 1,476,821		$ 1,416,720
Liabilities	1,343,045		1,282,190
Stockholders' Equity	133,776	$ 151,525	134,530	$ 151,097
Interest and Dividend Income	10,988	12,329
Interest Expense	1,011	1,796
Net Interest and Dividend Income	9,977	10,533
Provision for Loan Losses	0	2,500
Net Interest and Dividend Income After Provision for Loan Losses	9,977	8,033
Noninterest Income	3,174	1,872
Noninterest Expense	9,395	9,003
Undistributed Net Income of Subsidiary	0	0
Income Before Income Tax Expense	3,756	902
Income Tax Expense	911	129
Net Income	2,845	773
Operating Segments | CB Financial Services, Inc.
Segment Reporting Information [Line Items]
Undistributed Net Income of Subsidiary	1,301	1,123
Operating Segments | Community Bank
Segment Reporting Information [Line Items]
Assets	1,477,053		1,416,132
Liabilities	1,349,183		1,287,148
Stockholders' Equity	127,870		128,984
Interest and Dividend Income	10,971	12,313
Interest Expense	1,011	1,796
Net Interest and Dividend Income	9,960	10,517
Provision for Loan Losses	0	2,500
Net Interest and Dividend Income After Provision for Loan Losses	9,960	8,017
Noninterest Income	1,343	1,046
Noninterest Expense	8,390	8,023
Undistributed Net Income of Subsidiary	407	213
Income Before Income Tax Expense	3,320	1,253
Income Tax Expense	715	130
Net Income	2,605	1,123
Operating Segments | Insurance Brokerage Services Segment | Exchange Underwriters, Inc.
Segment Reporting Information [Line Items]
Assets	5,207		5,379
Liabilities	1,746		2,325
Stockholders' Equity	3,461		3,054
Interest and Dividend Income	1	1
Interest Expense	0	0
Net Interest and Dividend Income	1	1
Provision for Loan Losses	0	0
Net Interest and Dividend Income After Provision for Loan Losses	1	1
Noninterest Income	1,591	1,281
Noninterest Expense	1,001	975
Undistributed Net Income of Subsidiary	0	0
Income Before Income Tax Expense	591	307
Income Tax Expense	184	94
Net Income	407	213
Operating Segments | Insurance Brokerage Services Segment | CB Financial Services, Inc.
Segment Reporting Information [Line Items]
Assets	133,797		134,546
Liabilities	21		16
Stockholders' Equity	133,776		134,530
Interest and Dividend Income	1,320	15
Interest Expense	0	0
Net Interest and Dividend Income	1,320	15
Provision for Loan Losses	0	0
Net Interest and Dividend Income After Provision for Loan Losses	1,320	15
Noninterest Income	240	(455)
Noninterest Expense	4	5
Income Before Income Tax Expense	2,857	678
Income Tax Expense	12	(95)
Net Income	2,845	773
Net Eliminations
Segment Reporting Information [Line Items]
Assets	(139,236)		(139,337)
Liabilities	(7,905)		(7,299)
Stockholders' Equity	(131,331)		$ (132,038)
Interest and Dividend Income	(1,304)	0
Interest Expense	0	0
Net Interest and Dividend Income	(1,304)	0
Provision for Loan Losses	0	0
Net Interest and Dividend Income After Provision for Loan Losses	(1,304)	0
Noninterest Income	0	0
Noninterest Expense	0	0
Undistributed Net Income of Subsidiary	(1,708)	(1,336)
Income Before Income Tax Expense	(3,012)	(1,336)
Income Tax Expense	0	0
Net Income	$ (3,012)	$ (1,336)

Intangible Assets - Summary of

Intangible Assets - Summary of Intangible Assets Subject to Amortization (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 15,903	$ 15,903
Accumulated Amortization	(8,036)	(7,504)
Net Carrying Value	7,867	8,399
Core Deposit Intangible
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	14,103	14,103
Accumulated Amortization	(7,532)	(7,047)
Net Carrying Value	6,571	7,056
Customer List
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	1,800	1,800
Accumulated Amortization	(504)	(457)
Net Carrying Value	$ 1,296	$ 1,343

Intangible Assets - Future Amor

Intangible Assets - Future Amortization (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Remaining in 2021	$ 1,596
2022	2,128
2023	2,128
2024	1,430
2025	189
2025 and thereafter	396
Net Carrying Value	$ 7,867	$ 8,399

Mortgage Servicing Rights (Deta

Mortgage Servicing Rights (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Servicing Rights
Beginning balance	$ 1,029	$ 1,001
Additions	17	45
Amortization	(79)	(54)
Ending balance	967	992
Valuation Allowance
Beginning balance	(373)	(71)
Valuation Allowance Adjustment	172	0
Ending balance	(201)	(71)
Net Carrying Value
Mortgage Servicing Rights, Net Carrying Value	766	$ 921
Real estate loans services for others	$ 101,600		$ 105,800