CB Financial Services (CBFV) 10-Q 9 Nov 22 2022 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2022	Nov. 07, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2022
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		5,092,204
Entity Central Index Key	0001605301
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Amendment Flag	false

CONSOLIDATED STATEMENTS OF FINA

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Cash and Due From Banks:
Interest Bearing	$ 99,949	$ 63,968
Non-Interest Bearing	22,852	55,706
Total Cash and Due From Banks	122,801	119,674
Securities:
Available-for-Sale Debt Securities, at Fair Value	191,232	222,108
Equity Securities, at Fair Value	2,614	2,866
Total Securities	193,846	224,974
Loans, Net of Allowance for Loan Losses of $12,854 and $11,582 at September 30, 2022 and December 31, 2021, Respectively	1,030,088	1,009,214
Premises and Equipment, Net	18,064	18,399
Bank-Owned Life Insurance	25,750	25,332
Goodwill	9,732	9,732
Intangible Assets, Net	3,959	5,295
Accrued Interest Receivable and Other Assets	21,680	12,859
TOTAL ASSETS	1,425,920	1,425,479
Deposits:
Non-Interest Bearing Demand Deposits	407,107	385,775
NOW Accounts	298,755	272,518
Money Market Accounts	198,715	192,125
Savings Accounts	250,378	239,482
Time Deposits	120,879	136,713
Total Deposits	1,275,834	1,226,613
Short-Term Borrowings	18,108	39,266
Other Borrowings	17,627	17,601
Accrued Interest Payable and Other Liabilities	7,645	8,875
TOTAL LIABILITIES	1,319,214	1,292,355
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, 5,702,433 Shares Issued and 5,096,672 Shares Outstanding at September 30, 2022, with 5,680,993 and 5,260,672 Shares Issued and Outstanding at December 31, 2021.	2,376	2,367
Capital Surplus	83,793	83,294
Retained Earnings	60,930	57,534
Treasury Stock, at Cost (605,761 and 420,321 Shares at September 30, 2022 and December 31, 2021, Respectively)	(13,745)	(9,144)
Accumulated Other Comprehensive Loss	(26,648)	(927)
TOTAL STOCKHOLDERS' EQUITY	106,706	133,124
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,425,920	$ 1,425,479

CONSOLIDATED STATEMENTS OF FI_2

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Allowance for Loan Losses	$ 12,854	$ 11,582
Preferred Stock, Shares 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)	5,702,433	5,680,993
Common Stock, Shares Outstanding (in shares)	5,096,672	5,260,672
Treasury Stock, at Cost (in shares)	605,761	420,321

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
INTEREST AND DIVIDEND INCOME
Loans, Including Fees	$ 10,815	$ 9,718	$ 30,098	$ 29,800
Investment Securities:
Taxable	985	843	2,878	2,124
Tax-Exempt	49	71	172	223
Dividends	21	19	64	63
Other Interest and Dividend Income	417	135	649	384
TOTAL INTEREST AND DIVIDEND INCOME	12,287	10,786	33,861	32,594
INTEREST EXPENSE
Deposits	1,079	715	2,214	2,489
Short-Term Borrowings	19	25	56	72
Other Borrowings	174	36	522	112
TOTAL INTEREST EXPENSE	1,272	776	2,792	2,673
NET INTEREST AND DIVIDEND INCOME	11,015	10,010	31,069	29,921
Provision (Recovery)	0	0	3,784	(1,200)
NET INTEREST INCOME AFTER PROVISION (RECOVERY) FOR LOAN LOSSES	11,015	10,010	27,285	31,121
NONINTEREST INCOME
Net Gain on Sales of Loans	0	49	0	166
Net (Loss) Gain on Securities	(46)	24	(252)	482
Net Gain on Purchased Tax Credits	14	18	43	53
Net Gain (Loss) on Disposal of Fixed Assets	439	0	431	(3)
Income from Bank-Owned Life Insurance	140	138	418	411
Other Income	36	80	143	291
TOTAL NONINTEREST INCOME	2,739	2,198	7,459	7,591
NONINTEREST EXPENSE
Salaries and Employee Benefits	4,739	4,787	13,843	14,757
Occupancy	768	615	2,230	2,349
Equipment	170	205	561	782
Data Processing	540	541	1,471	1,666
FDIC Assessment	147	293	484	792
PA Shares Tax	240	224	721	714
Contracted Services	288	1,441	1,223	2,878
Legal and Professional Fees	334	180	876	788
Advertising	131	225	362	558
Other Real Estate Owned (Income)	(38)	(89)	(113)	(153)
Amortization of Intangible Assets	445	446	1,336	1,481
Intangible Assets Impairment	0	0	0	1,178
Writedown of Fixed Assets	0	2	0	2,270
Other Expense	1,063	903	2,899	2,830
TOTAL NONINTEREST EXPENSE	8,827	9,773	25,893	32,890
Income Before Income Tax Expense	4,927	2,435	8,851	5,822
Income Tax Expense	998	452	1,757	1,217
NET INCOME	$ 3,929	$ 1,983	$ 7,094	$ 4,605
EARNINGS PER SHARE
Basic (in dollars per share)	$ 0.77	$ 0.37	$ 1.38	$ 0.85
Diluted (in dollars per share)	$ 0.77	$ 0.37	$ 1.37	$ 0.85
WEIGHTED AVERAGE SHARES OUTSTANDING
Basic (in shares)	5,106,861	5,373,032	5,150,632	5,412,989
Diluted (in shares)	5,118,627	5,390,128	5,165,376	5,420,792
Service Fees
NONINTEREST INCOME
Revenue from contract with customer, excluding assessed tax	$ 544	$ 602	$ 1,629	$ 1,762
Insurance Commissions
NONINTEREST INCOME
Revenue from contract with customer, excluding assessed tax	1,368	1,194	4,535	3,998
Other Commissions
NONINTEREST INCOME
Revenue from contract with customer, excluding assessed tax	$ 244	$ 93	$ 512	$ 431

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME (UNAUDITED) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Statement of Comprehensive Income [Abstract]
Net Income		$ 3,929	$ 1,983	$ 7,094	$ 4,605
Other Comprehensive (Loss) Income:
Change in Unrealized (Loss) Income on Investment Securities Available-for-Sale		(11,753)	(733)	(32,785)	(2,662)
Income Tax Effect		2,533	158	7,064	571
Reclassification Adjustment for Gain on Sale of Debt Securities Included in Net Income	[1]	0	0	0	(225)
Income Tax Effect	[2]	0	0	0	48
Other Comprehensive (Loss), Net of Income Tax Effect		(9,220)	(575)	(25,721)	(2,268)
Total Comprehensive (Loss) Income		$ (5,291)	$ 1,408	$ (18,627)	$ 2,337
[1]Reported in Net (Loss) Gain 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 Loss
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 (Loss)	4,605			4,605
Other Comprehensive Income (Loss)	(2,268)					(2,268)
Stock-Based Compensation Expense	415		415
Exercise of Stock Options	54		(8)		62
Treasury stock purchased, at cost	(2,451)				(2,451)
Dividends Paid	(3,898)			(3,898)
Ending balance (in shares) at Sep. 30, 2021		5,680,993
Ending balance at Sep. 30, 2021	130,987	$ 2,367	83,130	51,839	(7,483)	1,134
Beginning balance (in shares) at Jun. 30, 2021		5,680,993
Beginning balance at Jun. 30, 2021	132,536	$ 2,367	82,969	51,146	(5,655)	1,709
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss)	1,983			1,983
Other Comprehensive Income (Loss)	(575)					(575)
Stock-Based Compensation Expense	169		169
Exercise of Stock Options	54		(8)		62
Treasury stock purchased, at cost	(1,890)				(1,890)
Dividends Paid	(1,290)			(1,290)
Ending balance (in shares) at Sep. 30, 2021		5,680,993
Ending balance at Sep. 30, 2021	130,987	$ 2,367	83,130	51,839	(7,483)	1,134
Beginning balance (in shares) at Dec. 31, 2021		5,680,993
Beginning balance at Dec. 31, 2021	133,124	$ 2,367	83,294	57,534	(9,144)	(927)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss)	7,094			7,094
Other Comprehensive Income (Loss)	(25,721)					(25,721)
Restricted Stock Awards Granted (in shares)		21,765
Restricted Stock Awards Granted	$ 0	$ 9	(9)
Restricted Stock Awards Forfeited (in shares)	(325)
Restricted Stock Awards Forfeited	$ 0		81		(81)
Stock-Based Compensation Expense	424		424
Exercise of Stock Options	165		3		162
Treasury stock purchased, at cost	(4,682)				(4,682)
Dividends Paid	(3,698)			(3,698)
Ending balance (in shares) at Sep. 30, 2022		5,702,433
Ending balance at Sep. 30, 2022	106,706	$ 2,376	83,793	60,930	(13,745)	(26,648)
Beginning balance (in shares) at Jun. 30, 2022		5,702,433
Beginning balance at Jun. 30, 2022	113,772	$ 2,376	83,614	58,225	(13,015)	(17,428)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss)	3,929			3,929
Other Comprehensive Income (Loss)	(9,220)					(9,220)
Restricted Stock Awards Forfeited			34		(34)
Stock-Based Compensation Expense	145		145
Exercise of Stock Options	(2)				(2)
Treasury stock purchased, at cost	(694)				(694)
Dividends Paid	(1,224)			(1,224)
Ending balance (in shares) at Sep. 30, 2022		5,702,433
Ending balance at Sep. 30, 2022	$ 106,706	$ 2,376	$ 83,793	$ 60,930	$ (13,745)	$ (26,648)

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (UNAUDITED) (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Statement of Stockholders' Equity [Abstract]
Purchase of common stock (in shares)	30,271	81,676	189,550	106,973
Dividends paid, per share (in dollars per share)	$ 0.24	$ 0.24	$ 0.72	$ 0.72

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
OPERATING ACTIVITIES
Net Income	$ 7,094	$ 4,605
Adjustments to Reconcile Net Income to Net Cash Provided By Operating Activities
Net Amortization on Securities	48	38
Depreciation and Amortization	1,997	1,810
Provision (Recovery)	3,784	(1,200)
Intangible Asset Impairment	0	1,178
Writedown of Fixed Assets	0	2,270
Lease Impairment	0	227
Loss (Gain) on Securities	252	(482)
Gain on Purchased Tax Credits	(43)	(53)
Income from Bank-Owned Life Insurance	(418)	(411)
Proceeds From Mortgage Loans Sold	0	8,182
Originations of Mortgage Loans for Sale	0	(15,289)
Gain on Sale of Loans	0	(166)
Gain on Sale of Other Real Estate Owned and Repossessed Assets	(1)	(76)
Noncash Expense for Stock-Based Compensation	424	415
(Increase) Decrease in Accrued Interest Receivable	(59)	517
Net (Gain) Loss on Disposal of Fixed Assets	(431)	3
(Increase) Decrease in Taxes Payable	(947)	295
Increase (Decrease) in Accrued Interest Payable	29	(277)
Refund of Federal and State Income Taxes	0	1,311
Other, Net	(2,679)	(319)
NET CASH PROVIDED BY OPERATING ACTIVITIES	9,050	2,578
Investment Securities Available for Sale:
Proceeds From Principal Repayments and Maturities	24,869	29,563
Purchases of Securities	(26,826)	(119,924)
Proceeds from Sale of Securities	0	11,967
Net (Increase) Decrease in Loans	(24,480)	33,378
Purchase of Premises and Equipment	(470)	(2,275)
Proceeds from Disposal of Premises and Equipment	480	0
Proceeds From Sale of Other Real Estate Owned	37	285
Decrease in Restricted Equity Securities	619	533
NET CASH USED IN INVESTING ACTIVITIES	(25,771)	(46,473)
FINANCING ACTIVITIES
Net Increase in Deposits	49,221	52,542
Net (Decrease) Increase in Short-Term Borrowings	(21,158)	12,260
Principal Payments on Other Borrowed Funds	0	(2,000)
Cash Dividends Paid	(3,698)	(3,898)
Treasury Stock, Purchases at Cost	(4,682)	(2,451)
Exercise of Stock Options	165	54
NET CASH PROVIDED BY FINANCING ACTIVITIES	19,848	56,507
INCREASE IN CASH AND CASH EQUIVALENTS	3,127	12,612
CASH AND DUE FROM BANKS AT BEGINNING OF YEAR	119,674	160,911
CASH AND DUE FROM BANKS AT END OF PERIOD	122,801	173,523
Cash Paid For:
Interest on Deposits and Borrowings (Including Interest Credited to Deposits of $2,322 and $2,761, Respectively)	2,764	2,951
Income Taxes	3,247	1,524
SUPPLEMENTAL NONCASH DISCLOSURE:
Transfer of Loans to Loans Held for Sale	0	10,056
Transfer of Premises and Equipment to Premises and Equipment Held for Sale and Other Assets	0	1,075
Transfer of Deposits to Deposits Held for Sale	0	102,647
Other Real Estate Acquired in Settlement of Loans	0	37
Right of Use Asset Recognized	1,284	0
Lease Liability Recognized	$ 1,284	$ 0

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) (Parenthetical) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Statement of Cash Flows [Abstract]
Interest credit to deposit accounts	$ 2,322	$ 2,761

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2022
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”). 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”) and with general practice within the banking industry. 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 as of the date of the Consolidated Statements of Financial Condition and income and expenses for 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, other-than-temporary impairment evaluations of securities, 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, 2021. 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. Nature of Operations The Company derives substantially all its income from banking and bank-related services which include interest income on commercial, commercial mortgage, residential real estate and consumer loan financing, as well as interest and dividend income on securities, insurance commissions, and fees generated from deposit services to its customers. The Company provides banking services through its subsidiary, Community Bank, a Pennsylvania-chartered commercial bank headquartered in Carmichaels, Pennsylvania. 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. After the consolidation of six branches and the sale of two branches in 2021, the Bank operates 11 branches in Greene, Allegheny, Washington, Fayette and Westmoreland Counties in southwestern Pennsylvania, and three branches in Marshall and Ohio Counties in West Virginia. Property and casualty, commercial liability, surety and other insurance products are offered through Exchange Underwriters, a full-service, independent insurance agency. Critical Accounting Policies; Use of Critical Accounting Estimates There were no material changes in our critical accounting policies during the nine months ended September 30, 2022. See Note 1 to the consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2021, as filed with the SEC, for additional information regarding our critical accounting policies. Recent Accounting Standards 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 The FASB issued ASU 2022-22, Financial Instruments – Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2022
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 Nine Months Ended 2022 2021 2022 2021 (Dollars in thousands, except share and per share data) Net Income $ 3,929 $ 1,983 $ 7,094 $ 4,605 Weighted-Average Basic Common Shares Outstanding 5,106,861 5,373,032 5,150,632 5,412,989 Dilutive Effect of Common Stock Equivalents (Stock Options and Restricted Stock) 11,766 17,096 14,744 7,803 Weighted-Average Diluted Common Shares and Common Stock Equivalents Outstanding 5,118,627 5,390,128 5,165,376 5,420,792 Earnings Per Share: Basic $ 0.77 $ 0.37 $ 1.38 $ 0.85 Diluted 0.77 0.37 1.37 0.85 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 Nine Months Ended 2022 2021 2022 2021 Stock Options 149,367 71,741 149,367 199,641 Restricted Stock 36,490 23,000 37,490 32,360

Securities

Securities	9 Months Ended
	Sep. 30, 2022
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: September 30, 2022 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (Dollars in thousands) Available-for-Sale Debt Securities: U.S. Government Agencies $ 53,993 $ — $ (9,646) $ 44,347 Obligations of States and Political Subdivisions 14,053 — (920) 13,133 Mortgage-Backed Securities - Government-Sponsored Enterprises 48,045 — (5,559) 42,486 Collateralized Mortgage Obligations - Government Sponsored Enterprises 99,623 — (16,807) 82,816 Corporate Debt 9,485 — (1,035) 8,450 Total Available-for-Sale Debt Securities 225,199 — (33,967) 191,232 Equity Securities: Mutual Funds 873 Other 1,741 Total Equity Securities 2,614 Total Securities $ 193,846 December 31, 2021 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (Dollars in thousands) Available-for-Sale Debt Securities: U.S. Government Agencies $ 53,992 $ 2 $ (1,433) $ 52,561 Obligations of States and Political Subdivisions 17,951 1,004 — 18,955 Mortgage-Backed Securities - Government-Sponsored Enterprises 55,373 1,468 (282) 56,559 Collateralized Mortgage Obligations - Government Sponsored Enterprises 88,493 164 (2,074) 86,583 Corporate Debt 7,481 — (31) 7,450 Total Available-for-Sale Debt Securities 223,290 2,638 (3,820) 222,108 Equity Securities: Mutual Funds 990 Other 1,876 Total Equity Securities 2,866 Total Securities $ 224,974 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: September 30, 2022 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 1 $ 2,576 $ (424) 12 $ 41,771 $ (9,222) 13 $ 44,347 $ (9,646) Obligations of States and Political Subdivisions 34 13,133 (920) — — — 34 13,133 (920) Mortgage Backed Securities- Government Sponsored Enterprises 38 29,578 (3,166) 4 12,908 (2,393) 42 42,486 (5,559) Collateralized Mortgage Obligations - Government Sponsored Enterprises 16 46,959 (9,451) 6 35,857 (7,356) 22 82,816 (16,807) Corporate Debt 2 3,850 (675) 1 4,600 (360) 3 8,450 (1,035) Total 91 $ 96,096 $ (14,636) 23 $ 95,136 $ (19,331) 114 $ 191,232 $ (33,967) December 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 5 $ 17,729 $ (269) 7 $ 31,830 $ (1,164) 12 $ 49,559 $ (1,433) Obligations of States and Political Subdivisions — — — — — — — — — Mortgage Backed Securities- Government Sponsored Enterprises 8 28,772 (282) — — — 8 28,772 (282) Collateralized Mortgage Obligations - Government Sponsored Enterprises 10 77,560 (2,074) — — — 10 77,560 (2,074) Corporate Debt 2 7,450 (31) — — — 2 7,450 (31) Total 25 $ 131,511 $ (2,656) 7 $ 31,830 $ (1,164) 32 $ 163,341 $ (3,820) For debt securities, the Company does not believe that any individual unrealized loss as of September 30, 2022 or December 31, 2021, 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 September 30, 2022 and December 31, 2021 relate principally to changes in market interest rates subsequent to the acquisition of the specific securities. The Company does not intend to sell, and it is 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 $179.6 million and $121.0 million at September 30, 2022 and December 31, 2021, respectively, are pledged to secure public deposits, short-term borrowings and for other purposes as required or permitted by law. Total securities available to be pledged have a fair value of $182.8 million at September 30, 2022 and $214.7 million at December 31, 2021. The following table presents the scheduled maturities of debt securities as of the date indicated: September 30, 2022 Amortized Cost Fair Value (Dollars in thousands) Due in One Year or Less $ 245 $ 244 Due after One Year through Five Years 10,477 9,211 Due after Five Years through Ten Years 72,745 62,072 Due after Ten Years 141,732 119,705 Total $ 225,199 $ 191,232 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 (Loss) Gain on Securities on the Consolidated Statements of Income. Three Months Ended Nine Months Ended 2022 2021 2022 2021 (Dollars in thousands) Debt Securities Gross Realized Gain $ — $ — $ — $ 225 Gross Realized Loss — — — — Net Gain on Debt Securities $ — $ — $ — $ 225 Equity Securities Net Unrealized (Loss) Gain Recognized on Securities Held $ (46) $ 18 $ (252) $ 251 Net Realized Gain Recognized on Securities Sold — 6 — 6 Net (Loss) Gain on Equity Securities $ (46) $ 24 $ (252) $ 257 Net (Loss) Gain on Securities $ (46) $ 24 $ (252) $ 482

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	9 Months Ended
	Sep. 30, 2022
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 credit 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. September 30, 2022 December 31, 2021 Amount Percent Amount Percent (Dollars in thousands) Real Estate: Residential $ 328,248 31.5 % $ 320,798 31.4 % Commercial 432,516 41.5 392,124 38.5 Construction 49,502 4.7 85,028 8.3 Commercial and Industrial 62,196 6.0 89,010 8.7 Consumer 150,615 14.4 122,152 12.0 Other 19,865 1.9 11,684 1.1 Total Loans 1,042,942 100.0 % 1,020,796 100.0 % Allowance for Loan Losses (12,854) (11,582) Loans, Net $ 1,030,088 $ 1,009,214 Payroll Protection Program ("PPP") loans decreased $23.8 million to $768,000 at September 30, 2022 compared to $24.5 million at December 31, 2021. Net unamortized PPP loan origination fees as of September 30, 2022 and December 31, 2021 were $27,000 and $678,000, respectively. Additionally, $117,000 and $651,000 of net PPP loan origination fees were earned for the three and nine months ended September 30, 2022, respectively, compared to $380,000 and $1.4 million for the three and nine months ended September 30, 2021, respectively. 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 $1.3 million and $1.9 million at September 30, 2022 and December 31, 2021, respectively. 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 September 30, 2022 and December 31, 2021, there were no loans in the criticized category of Loss within the internal risk rating system. September 30, 2022 Pass Special Mention Substandard Doubtful Total (Dollars in Thousands) Real Estate: Residential $ 325,702 $ 344 $ 2,202 $ — $ 328,248 Commercial 386,294 34,743 11,479 — 432,516 Construction 48,065 1,109 328 — 49,502 Commercial and Industrial 52,765 8,897 95 439 62,196 Consumer 150,502 — 113 — 150,615 Other 19,805 60 — — 19,865 Total Loans $ 983,133 $ 45,153 $ 14,217 $ 439 $ 1,042,942 December 31, 2021 Pass Special Mention Substandard Doubtful Total (Dollars in Thousands) Real Estate: Residential $ 317,964 $ 845 $ 1,989 $ — $ 320,798 Commercial 355,895 27,168 9,061 — 392,124 Construction 69,441 13,035 2,552 — 85,028 Commercial and Industrial 72,584 14,463 1,451 512 89,010 Consumer 122,136 — 16 — 122,152 Other 11,616 68 — — 11,684 Total Loans $ 949,636 $ 55,579 $ 15,069 $ 512 $ 1,020,796 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. September 30, 2022 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 $ 326,527 $ 99 $ — $ — $ 99 $ 1,622 $ 328,248 Commercial 430,569 91 — — 91 1,856 432,516 Construction 49,502 — — — — — 49,502 Commercial and Industrial 61,599 19 139 — 158 439 62,196 Consumer 150,071 365 66 — 431 113 150,615 Other 19,865 — — — — — 19,865 Total Loans $ 1,038,133 $ 574 $ 205 $ — $ 779 $ 4,030 $ 1,042,942 December 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 $ 317,583 $ 1,805 $ 17 $ — $ 1,822 $ 1,393 $ 320,798 Commercial 389,522 544 — — 544 2,058 392,124 Construction 85,028 — — — — — 85,028 Commercial and Industrial 87,407 107 — — 107 1,496 89,010 Consumer 121,636 419 81 — 500 16 122,152 Other 11,684 — — — — — 11,684 Total Loans $ 1,012,860 $ 2,875 $ 98 $ — $ 2,973 $ 4,963 $ 1,020,796 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. September 30, December 31, (Dollars in Thousands) Nonaccrual Loans: Real Estate: Residential $ 1,622 $ 1,393 Commercial 1,856 2,058 Commercial and Industrial 439 1,496 Consumer 113 16 Total Nonaccrual Loans 4,030 4,963 Accruing Loans Past Due 90 Days or More: Total Accruing Loans Past Due 90 Days or More — — Total Nonaccrual Loans and Accruing Loans Past Due 90 Days or More 4,030 4,963 Troubled Debt Restructurings, Accruing: Real Estate Residential 544 613 Commercial 1,297 1,674 Commercial and Industrial 9 16 Total Troubled Debt Restructurings, Accruing 1,850 2,303 Total Nonperforming Loans 5,880 7,266 Other Real Estate Owned: Residential — 36 Total Other Real Estate Owned — 36 Total Nonperforming Assets $ 5,880 $ 7,302 Nonperforming Loans to Total Loans 0.56 % 0.71 % Nonperforming Assets to Total Assets 0.41 0.51 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 $944,456 and $571,000 at September 30, 2022 and December 31, 2021, respectively. As of September 30, 2022, the Company had no TDR loans in forbearance. There were no modifications to troubled debt restructurings during the three months ended September 30, 2022. As of December 31, 2021, there was no TDR loan in forbearance. The following table presents a summary of the loans considered to be impaired as of the dates indicated. September 30, 2022 Quarter Ended Year to Date Recorded Investment Related Allowance Unpaid Principal Balance Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (Dollars in thousands) With No Related Allowance Recorded: Real Estate: Residential $ 1,053 $ 1,058 $ 1,057 $ 14 $ 1,110 $ 37 Commercial 11,140 11,255 11,254 121 10,681 289 Construction 328 328 331 5 430 13 Commercial and Industrial 104 104 115 2 906 47 Total With No Related Allowance Recorded $ 12,625 $ — $ 12,745 $ 12,757 $ 142 $ 13,127 $ 386 With A Related Allowance Recorded: Real Estate: Residential $ — $ — $ — $ — $ — $ — $ — Commercial 1,636 68 1,636 1,644 35 733 47 Construction — 146 — — — 1,106 36 Commercial and Industrial 439 — 703 447 — 242 1 Total With A Related Allowance Recorded $ 2,075 $ 214 $ 2,339 $ 2,091 $ 35 $ 2,081 $ 84 Total Impaired Loans: Real Estate: Residential $ 1,053 $ — $ 1,058 $ 1,057 $ 14 $ 1,110 $ 37 Commercial 12,776 68 12,891 12,898 156 11,414 336 Construction 328 146 328 331 5 1,536 49 Commercial and Industrial 543 — 807 562 2 1,148 48 Total Impaired Loans $ 14,700 $ 214 $ 15,084 $ 14,848 $ 177 $ 15,208 $ 470 December 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 $ 1,133 $ 1,137 $ 1,158 $ 46 Commercial 9,733 9,787 27,207 927 Construction 540 540 887 34 Commercial and Industrial 1,979 2,286 3,230 49 Total With No Related Allowance Recorded $ 13,385 $ — $ 13,750 $ 32,482 $ 1,056 With A Related Allowance Recorded: Real Estate: Residential $ — $ — $ — $ — $ — Commercial 266 195 266 421 19 Construction 2,013 104 2,013 169 7 Commercial and Industrial — — — 1,316 29 Total With A Related Allowance Recorded $ 2,279 $ 299 $ 2,279 $ 1,906 $ 55 Total Impaired Loans Real Estate: Residential $ 1,133 $ — $ 1,137 $ 1,158 $ 46 Commercial 9,999 195 10,053 27,628 946 Construction 2,553 104 2,553 1,056 41 Commercial and Industrial 1,979 — 2,286 4,546 78 Total Impaired Loans $ 15,664 $ 299 $ 16,029 $ 34,388 $ 1,111 The recorded investment of loans evaluated for impairment decreased $964,000 at September 30, 2022 compared to December 31, 2021 and was primarily related to commercial real estate loans. 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) June 30, 2022 $ 1,654 $ 6,023 $ 471 $ 2,349 $ 1,502 $ — $ 834 $ 12,833 Charge-offs — — — — (46) — — (46) Recoveries 16 — — 38 13 — — 67 Provision (Recovery) 148 (24) 94 (211) 89 — (96) — September 30, 2022 $ 1,818 $ 5,999 $ 565 $ 2,176 $ 1,558 $ — $ 738 $ 12,854 Real Estate Residential Real Estate Commercial Real Estate Construction Commercial and Industrial Consumer Other Unallocated Total (Dollars in thousands) December 31, 2021 $ 1,420 $ 5,960 $ 1,249 $ 1,151 $ 1,050 $ — $ 752 $ 11,582 Charge-offs (33) — — (2,712) (85) — — (2,830) Recoveries 143 — — 106 69 — — 318 Provision (Recovery) 288 39 (684) 3,631 524 — (14) 3,784 September 30, 2022 $ 1,818 $ 5,999 $ 565 $ 2,176 $ 1,558 $ — $ 738 $ 12,854 September 30, 2022 Real Estate Residential Real Estate Commercial Real Estate Construction Commercial and Industrial Consumer Other Unallocated Total (Dollars in thousands) Individually Evaluated for Impairment $ — $ 68 $ 146 $ — $ — $ — $ — $ 214 Collectively Evaluated for Potential Impairment $ 1,818 $ 5,931 $ 419 $ 2,176 $ 1,558 $ — $ 738 $ 12,640 December 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 $ — $ 195 $ 104 $ — $ — $ — $ — $ 299 Collectively Evaluated for Potential Impairment $ 1,420 $ 5,765 $ 1,145 $ 1,151 $ 1,050 $ — $ 752 $ 11,283 Real Estate Residential Real Estate Commercial Real Estate Construction Commercial and Industrial Consumer Other Unallocated Total (Dollars in thousands) June 30, 2021 $ 1,588 $ 5,582 $ 1,136 $ 1,152 $ 941 $ — $ 1,145 $ 11,544 Charge-offs — — — — (19) — — (19) Recoveries 2 — — 11 43 — — 56 (Recovery) Provision (98) 347 (71) (21) (12) — (145) — September 30, 2021 $ 1,492 $ 5,929 $ 1,065 $ 1,142 $ 953 $ — $ 1,000 $ 11,581 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 — — — — (139) — — (139) Recoveries 15 — — 33 101 — — 149 (Recovery) Provision (772) (81) 176 (314) (292) — 83 (1,200) September 30, 2021 $ 1,492 $ 5,929 $ 1,065 $ 1,142 $ 953 $ — $ 1,000 $ 11,581 September 30, 2021 Real Estate Residential Real Estate Commercial Real Estate Construction Commercial and Industrial Consumer Other Unallocated Total (Dollars in thousands) Individually Evaluated for Impairment $ — $ 199 $ — $ — $ — $ — $ — $ 199 Collectively Evaluated for Potential Impairment $ 1,492 $ 5,730 $ 1,065 $ 1,142 $ 953 $ — $ 1,000 $ 11,382 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 September 30, 2022 and December 31, 2021, commercial and industrial loans include $768,000 and $24.5 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. September 30, 2022 Real Estate Residential Real Estate Commercial Real Estate Construction Commercial and Industrial Consumer Other Total (Dollars in thousands) Individually Evaluated for Impairment $ 1,053 $ 12,776 $ 328 $ 543 $ — $ — $ 14,700 Collectively Evaluated for Potential Impairment 327,195 419,740 49,174 61,653 150,615 19,865 1,028,242 Total Loans $ 328,248 $ 432,516 $ 49,502 $ 62,196 $ 150,615 $ 19,865 $ 1,042,942 December 31, 2021 Real Estate Residential Real Estate Commercial Real Estate Construction Commercial and Industrial Consumer Other Total (Dollars in thousands) Individually Evaluated for Impairment $ 1,133 $ 9,999 $ 2,553 $ 1,979 $ — $ — $ 15,664 Collectively Evaluated for Potential Impairment 319,665 382,125 82,475 87,031 122,152 11,684 1,005,132 Total Loans $ 320,798 $ 392,124 $ 85,028 $ 89,010 $ 122,152 $ 11,684 $ 1,020,796 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, 2021 $ 726 Accretable Yield (178) September 30, 2022 $ 548

Short-Term Borrowings

Short-Term Borrowings	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Short-Term Borrowings	Short-Term BorrowingsBorrowings 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. September 30, 2022 December 31, 2021 Amount Weighted Amount Weighted (Dollars in thousands) Securities Sold Under Agreements to Repurchase: Balance at Period End $ 18,108 0.57 % $ 39,266 0.17 % Average Balance Outstanding During the Period 33,581 0.22 43,988 0.22 Maximum Amount Outstanding at any Month End 39,219 52,777 Securities Collaterizing the Agreements at Period-End: Carrying Value 39,280 59,867 Market Value 33,584 59,339

Fair Value Disclosure

Fair Value Disclosure	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value Disclosure	Fair Value DisclosureFASB 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 nine months ended September 30, 2022 or year ended December 31, 2021. Fair Value Hierarchy September 30 December 31 (Dollars in thousands) Securities: Available-for-Sale Debt Securities U.S. Government Agencies Level 2 $ 44,347 $ 52,561 Obligations of States and Political Subdivisions Level 2 13,133 18,955 Mortgage-Backed Securities - Government-Sponsored Enterprises Level 2 42,486 56,559 Collateralized Mortgage Obligations - Government Sponsored Enterprises Level 2 82,816 86,583 Corporate Debt Level 2 8,450 7,450 Total Available-for-Sale Debt Securities 191,232 222,108 Equity Securities Mutual Funds Level 1 873 990 Other Level 1 1,741 1,876 Total Equity Securities 2,614 2,866 Total Securities $ 193,846 $ 224,974 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 September 30, Valuation Significant Unobservable Inputs Range Weighted Average (Dollars in thousands) Impaired Loans Individually Assessed Level 3 $ 1,861 Appraisal of Collateral (1) Appraisal Adjustments (2) 0 % to 50 % 13.3% Financial Asset Fair Value Hierarchy December 31, Valuation Significant Unobservable Inputs Range Weighted Average (Dollars in thousands) Impaired Loans Individually Assessed Level 3 $ 1,980 Appraisal of Collateral (1) Appraisal Adjustments (2) 0 % to 50 % 15.8% Mortgage Servicing Rights Level 3 141 Discounted Cash Flow Discount Rate 9 % to 11 % 10.1% Prepayment Speed 6 % to 36 % 7.5% OREO Level 3 36 Appraisal of Collateral (1) Liquidation Expenses (2) 10 % to 30 % 26.6% (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 September 30, 2022 and December 31, 2021, the fair value of impaired loans consists of the loan balances of $2.1 million and $2.3 million, respectively, less their specific valuation allowances of $214,000 and $299,000, 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. September 30, 2022 December 31, 2021 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 $ 99,949 $ 99,949 $ 63,968 $ 63,968 Non-Interest Bearing Level 1 22,852 22,852 55,706 55,706 Securities See Above 193,846 193,846 224,974 224,974 Loans, Net Level 3 1,030,088 1,002,426 1,009,214 1,039,980 Restricted Stock Level 2 2,784 2,784 3,403 3,403 Mortgage Servicing Rights Level 3 658 1,019 730 773 Accrued Interest Receivable Level 2 3,409 3,409 3,350 3,350 Financial Liabilities: Deposits Level 2 1,275,834 1,272,403 1,226,613 1,227,653 Short-Term Borrowings Level 2 18,108 18,099 39,266 39,266 Other Borrowed Funds FHLB Borrowings Level 2 3,000 3,000 3,000 3,000 Subordinated Debt Level 2 14,627 13,490 14,601 15,000 Accrued Interest Payable Level 2 515 515 486 486

Commitments and Contingent Liab

Commitments and Contingent Liabilities	9 Months Ended
	Sep. 30, 2022
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. September 30, December 31, (Dollars in thousands) Standby Letters of Credit $ 110 $ 110 Performance Letters of Credit 1,657 2,873 Construction Mortgages 39,631 55,597 Personal Lines of Credit 6,992 7,055 Overdraft Protection Lines 5,402 5,709 Home Equity Lines of Credit 23,526 21,187 Commercial Lines of Credit 65,443 83,316 Total Commitments $ 142,761 $ 175,847 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	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Leases	LeasesThe 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 Consolidated Statements of Financial Condition. The leases are primarily ROU assets of land and building for branch and loan production locations. ROU assets lease liabilities 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 Nine Months Ended 2022 2021 2022 2021 (Dollars in thousands) Operating Lease Expense $ 89 $ 74 $ 261 $ 257 Short-Term Lease Expense — 8 — 25 Variable Lease Expense 7 8 21 24 Total Lease Expense $ 96 $ 90 $ 282 $ 306 September 30, December 31, (Dollars in thousands) Operating Leases: ROU Assets $ 1,730 $ 674 Weighted Average Lease Term in Years 8.71 7.33 Weighted Average Discount Rate 2.58 % 2.51 % September 30, (Dollars in thousands) Maturity Analysis: Due in One Year $ 328 Due After One Year to Two Years 263 Due After Two Years to Three Years 240 Due After Three Years to Four Years 195 Due After Four to Five Years 198 Due After Five Years 915 Total $ 2,139 Less: Present Value Discount 234 Lease Liabilities $ 1,905 During the nine months ended September 30, 2022, the Company entered into a new lease agreement for the McMurray, PA branch, for a 10-year term ending March 31, 2032, as well as a new lease agreement for the Waynesburg branch, for a 5-year term ending July 31, 2027. The increase to the operating Right of Use Asset and corresponding lease liability is approximately $1.3 million.

Other Noninterest Expense

Other Noninterest Expense	9 Months Ended
	Sep. 30, 2022
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 Nine Months Ended 2022 2021 2022 2021 (Dollars in thousands) Non-Employee Compensation $ 139 $ 184 $ 410 $ 473 Printing and Supplies 63 55 190 218 Postage 163 86 300 265 Telephone 132 145 390 472 Charitable Contributions 39 45 120 80 Dues and Subscriptions 24 33 121 121 Loan Expenses 209 86 459 288 Meals and Entertainment 33 31 101 91 Travel 43 27 116 77 Training 10 5 41 29 Bank Assessment 47 46 141 134 Insurance 70 54 201 173 Miscellaneous 91 106 309 409 Total Other Noninterest Expense $ 1,063 $ 903 $ 2,899 $ 2,830

Segment and Related Information

Segment and Related Information	9 Months Ended
	Sep. 30, 2022
Segment Reporting [Abstract]
Segment and Related Information	Segment and Related InformationAt September 30, 2022, 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) September 30, 2022 Assets $ 1,425,905 $ 5,173 $ 121,522 $ (126,680) $ 1,425,920 Liabilities 1,321,603 1,835 14,815 (19,039) 1,319,214 Stockholders' Equity 104,302 3,338 106,707 (107,641) 106,706 December 31, 2021 Assets $ 1,425,588 $ 5,110 $ 147,829 $ (153,048) $ 1,425,479 Liabilities 1,299,325 1,731 14,705 (23,406) 1,292,355 Stockholders' Equity 126,263 3,379 133,124 (129,642) 133,124 Three Months Ended September 30, 2022 Interest and Dividend Income $ 12,267 $ 1 $ 1,246 $ (1,227) $ 12,287 Interest Expense 1,117 — 155 — 1,272 Net Interest and Dividend Income 11,150 1 1,091 (1,227) 11,015 Provision for Loan Losses — — — — — Net Interest and Dividend Income After Provision for Loan Losses 11,150 1 1,091 (1,227) 11,015 Noninterest Income (Loss) 1,343 1,406 (10) — 2,739 Noninterest Expense 7,741 1,082 4 — 8,827 Undistributed Net Income (Loss) of Subsidiary 230 — 2,807 (3,037) — Income Before Income Tax Expense (Benefit) 4,982 325 3,884 (4,264) 4,927 Income Tax Expense (Benefit) 948 95 (45) — 998 Net Income $ 4,034 $ 230 $ 3,929 $ (4,264) $ 3,929 Nine Months Ended September 30, 2022 Interest and Dividend Income $ 33,802 $ 4 $ 3,779 $ (3,724) $ 33,861 Interest Expense 2,325 — 467 — 2,792 Net Interest and Dividend Income 31,477 4 3,312 (3,724) 31,069 Provision for Loan Losses 3,784 — — — 3,784 Net Interest and Dividend Income After Provision for Loan Losses 27,693 4 3,312 (3,724) 27,285 Noninterest Income (Loss) 3,023 4,572 (136) — 7,459 Noninterest Expense 22,806 3,074 13 — 25,893 Undistributed Net Income of Subsidiary 1,064 — 3,762 (4,826) — Income Before Income Tax Expense (Benefit) 8,974 1,502 6,925 (8,550) 8,851 Income Tax Expense (Benefit) 1,488 438 (169) — 1,757 Net Income $ 7,486 $ 1,064 $ 7,094 $ (8,550) $ 7,094 Community Bank Exchange Underwriters, Inc. CB Financial Services, Inc. Net Eliminations Consolidated (Dollars in thousands) Three Months Ended September 30, 2021 Interest and Dividend Income $ 10,768 $ 1 $ 1,311 $ (1,294) $ 10,786 Interest Expense 776 — — — 776 Net Interest and Dividend Income 9,992 1 1,311 (1,294) 10,010 Provision for Loan Losses — — — — — Net Interest and Dividend Income After Provision for Loan Losses 9,992 1 1,311 (1,294) 10,010 Noninterest Income 975 1,195 28 — 2,198 Noninterest Expense 8,750 1,020 3 — 9,773 Undistributed Net Income of Subsidiary 124 — 654 (778) — Income Before Income Tax Expense 2,341 176 1,990 (2,072) 2,435 Income Tax Expense 393 52 7 — 452 Net Income $ 1,948 $ 124 $ 1,983 $ (2,072) $ 1,983 Nine Months Ended September 30, 2021 Interest and Dividend Income $ 32,536 $ 4 $ 8,456 $ (8,402) $ 32,594 Interest Expense 2,673 — — — 2,673 Net Interest and Dividend Income 29,863 4 8,456 (8,402) 29,921 (Recovery) for Loan Losses (1,200) — — — (1,200) Net Interest and Dividend Income After (Recovery) for Loan Losses 31,063 4 8,456 (8,402) 31,121 Noninterest Income 3,319 3,995 277 — 7,591 Noninterest Expense 29,898 2,983 9 — 32,890 Undistributed Net Income (Loss) of Subsidiary 710 — (4,096) 3,386 — Income Before Income Tax Expense 5,194 1,016 4,628 (5,016) 5,822 Income Tax Expense 888 306 23 — 1,217 Net Income $ 4,306 $ 710 $ 4,605 $ (5,016) $ 4,605

Stock Based Compensation

Stock Based Compensation	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
Stock Based Compensation	Stock Based Compensation The following table presents stock option information for the period indicated. Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Outstanding Options at December 31, 2021 207,641 $ 24.01 4.8 Granted 89,465 25.79 Exercised (12,500) 22.25 Forfeited (12,858) 26.43 Outstanding Options at September 30, 2022 271,748 $ 24.56 5.4 Exercisable Options at September 30, 2022 177,683 $ 24.32 3.6 Number of Shares Weighted Average Exercise Price Weighted Average Remaining Service Period in Years Nonvested Options at September 30, 2022 94,065 $ 25.02 9.0 Summary of Significant Assumptions for Newly Issued Stock Options Expected Term in Years 6.5 Expected Volatility 28.7 % Expected Dividends $ 0.96 Risk Free Rate of Return 1.60 % Weighted Average Grant Date Fair Value (per share) $ 4.86 The following table presents restricted stock award information for the period indicated Number of Shares Weighted Average Grant Date Fair Value Price Weighted Average Remaining Service Period in Years Nonvested Restricted Stock at December 31, 2021 56,140 $ 23.90 5.3 Granted 21,765 26.07 Vested (1,120) 19.14 Forfeited (3,715) 24.01 Nonvested Restricted Stock at September 30, 2022 73,070 $ 24.61 4.2 The Company recognizes expense over a five-year vesting period for the restricted stock awards and stock options. Stock-based compensation expense related to restricted stock awards and stock options was $145,000 and $169,000 for the three months ended September 30, 2022 and 2021, and $424,000 and $415,000 for the nine months ended September 30, 2022 and 2021, respectively. As of September 30, 2022 and December 31, 2021, total unrecognized compensation expense was $386,945 and $65,000, respectively, related to stock options, and $1.4 million and $1.3 million, respectively, related to restricted stock awards. Intrinsic value represents the amount by which the fair value of the underlying stock at September 30, 2022 and December 31, 2021 exceeds the exercise price of the stock options. The intrinsic value of stock options was $32,280 and $296,000 at September 30, 2022 and December 31, 2021, respectively. At September 30, 2022 and December 31, 2021, respectively, there were 362,175 and 500,000 shares available under the Plan to be issued in connection with the exercise of stock options, and 144,870 and 200,000 shares that may be issued as restricted stock awards or units. Restricted stock awards or units may be issued above this amount provided that the number of shares reserved for stock options is reduced by two and one-half shares for each restricted stock award or unit share granted.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2022
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events 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

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2022
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”). 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”) and with general practice within the banking industry. 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 as of the date of the Consolidated Statements of Financial Condition and income and expenses for 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, other-than-temporary impairment evaluations of securities, 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, 2021. 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.
Nature of Operations	Nature of Operations The Company derives substantially all its income from banking and bank-related services which include interest income on commercial, commercial mortgage, residential real estate and consumer loan financing, as well as interest and dividend income on securities, insurance commissions, and fees generated from deposit services to its customers. The Company provides banking services through its subsidiary, Community Bank, a Pennsylvania-chartered commercial bank headquartered in Carmichaels, Pennsylvania. 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. After the consolidation of six branches and the sale of two branches in 2021, the Bank operates 11 branches in Greene, Allegheny, Washington, Fayette and Westmoreland Counties in southwestern Pennsylvania, and three branches in Marshall and Ohio Counties in West Virginia. Property and casualty, commercial liability, surety and other insurance products are offered through Exchange Underwriters, a full-service, independent insurance agency.
Recent Accounting Standards	Recent Accounting Standards 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 The FASB issued ASU 2022-22, Financial Instruments – Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Schedule of Earnings (Loss) 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 Nine Months Ended 2022 2021 2022 2021 (Dollars in thousands, except share and per share data) Net Income $ 3,929 $ 1,983 $ 7,094 $ 4,605 Weighted-Average Basic Common Shares Outstanding 5,106,861 5,373,032 5,150,632 5,412,989 Dilutive Effect of Common Stock Equivalents (Stock Options and Restricted Stock) 11,766 17,096 14,744 7,803 Weighted-Average Diluted Common Shares and Common Stock Equivalents Outstanding 5,118,627 5,390,128 5,165,376 5,420,792 Earnings Per Share: Basic $ 0.77 $ 0.37 $ 1.38 $ 0.85 Diluted 0.77 0.37 1.37 0.85
Schedule of Antidilutive Securities Excluded from Computation of Earnings (Loss) 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 Nine Months Ended 2022 2021 2022 2021 Stock Options 149,367 71,741 149,367 199,641 Restricted Stock 36,490 23,000 37,490 32,360

Securities (Tables)

Securities (Tables)	9 Months Ended
	Sep. 30, 2022
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: September 30, 2022 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (Dollars in thousands) Available-for-Sale Debt Securities: U.S. Government Agencies $ 53,993 $ — $ (9,646) $ 44,347 Obligations of States and Political Subdivisions 14,053 — (920) 13,133 Mortgage-Backed Securities - Government-Sponsored Enterprises 48,045 — (5,559) 42,486 Collateralized Mortgage Obligations - Government Sponsored Enterprises 99,623 — (16,807) 82,816 Corporate Debt 9,485 — (1,035) 8,450 Total Available-for-Sale Debt Securities 225,199 — (33,967) 191,232 Equity Securities: Mutual Funds 873 Other 1,741 Total Equity Securities 2,614 Total Securities $ 193,846 December 31, 2021 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (Dollars in thousands) Available-for-Sale Debt Securities: U.S. Government Agencies $ 53,992 $ 2 $ (1,433) $ 52,561 Obligations of States and Political Subdivisions 17,951 1,004 — 18,955 Mortgage-Backed Securities - Government-Sponsored Enterprises 55,373 1,468 (282) 56,559 Collateralized Mortgage Obligations - Government Sponsored Enterprises 88,493 164 (2,074) 86,583 Corporate Debt 7,481 — (31) 7,450 Total Available-for-Sale Debt Securities 223,290 2,638 (3,820) 222,108 Equity Securities: Mutual Funds 990 Other 1,876 Total Equity Securities 2,866 Total Securities $ 224,974
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: September 30, 2022 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 1 $ 2,576 $ (424) 12 $ 41,771 $ (9,222) 13 $ 44,347 $ (9,646) Obligations of States and Political Subdivisions 34 13,133 (920) — — — 34 13,133 (920) Mortgage Backed Securities- Government Sponsored Enterprises 38 29,578 (3,166) 4 12,908 (2,393) 42 42,486 (5,559) Collateralized Mortgage Obligations - Government Sponsored Enterprises 16 46,959 (9,451) 6 35,857 (7,356) 22 82,816 (16,807) Corporate Debt 2 3,850 (675) 1 4,600 (360) 3 8,450 (1,035) Total 91 $ 96,096 $ (14,636) 23 $ 95,136 $ (19,331) 114 $ 191,232 $ (33,967) December 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 5 $ 17,729 $ (269) 7 $ 31,830 $ (1,164) 12 $ 49,559 $ (1,433) Obligations of States and Political Subdivisions — — — — — — — — — Mortgage Backed Securities- Government Sponsored Enterprises 8 28,772 (282) — — — 8 28,772 (282) Collateralized Mortgage Obligations - Government Sponsored Enterprises 10 77,560 (2,074) — — — 10 77,560 (2,074) Corporate Debt 2 7,450 (31) — — — 2 7,450 (31) Total 25 $ 131,511 $ (2,656) 7 $ 31,830 $ (1,164) 32 $ 163,341 $ (3,820)
Investments Classified by Contractual Maturity Date	The following table presents the scheduled maturities of debt securities as of the date indicated: September 30, 2022 Amortized Cost Fair Value (Dollars in thousands) Due in One Year or Less $ 245 $ 244 Due after One Year through Five Years 10,477 9,211 Due after Five Years through Ten Years 72,745 62,072 Due after Ten Years 141,732 119,705 Total $ 225,199 $ 191,232
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 (Loss) Gain on Securities on the Consolidated Statements of Income. Three Months Ended Nine Months Ended 2022 2021 2022 2021 (Dollars in thousands) Debt Securities Gross Realized Gain $ — $ — $ — $ 225 Gross Realized Loss — — — — Net Gain on Debt Securities $ — $ — $ — $ 225 Equity Securities Net Unrealized (Loss) Gain Recognized on Securities Held $ (46) $ 18 $ (252) $ 251 Net Realized Gain Recognized on Securities Sold — 6 — 6 Net (Loss) Gain on Equity Securities $ (46) $ 24 $ (252) $ 257 Net (Loss) Gain on Securities $ (46) $ 24 $ (252) $ 482

Loans and Allowance for Loan _2

Loans and Allowance for Loan Losses (Tables)	9 Months Ended
	Sep. 30, 2022
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	The following table presents the classifications of loans as of the dates indicated. September 30, 2022 December 31, 2021 Amount Percent Amount Percent (Dollars in thousands) Real Estate: Residential $ 328,248 31.5 % $ 320,798 31.4 % Commercial 432,516 41.5 392,124 38.5 Construction 49,502 4.7 85,028 8.3 Commercial and Industrial 62,196 6.0 89,010 8.7 Consumer 150,615 14.4 122,152 12.0 Other 19,865 1.9 11,684 1.1 Total Loans 1,042,942 100.0 % 1,020,796 100.0 % Allowance for Loan Losses (12,854) (11,582) Loans, Net $ 1,030,088 $ 1,009,214
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 September 30, 2022 and December 31, 2021, there were no loans in the criticized category of Loss within the internal risk rating system. September 30, 2022 Pass Special Mention Substandard Doubtful Total (Dollars in Thousands) Real Estate: Residential $ 325,702 $ 344 $ 2,202 $ — $ 328,248 Commercial 386,294 34,743 11,479 — 432,516 Construction 48,065 1,109 328 — 49,502 Commercial and Industrial 52,765 8,897 95 439 62,196 Consumer 150,502 — 113 — 150,615 Other 19,805 60 — — 19,865 Total Loans $ 983,133 $ 45,153 $ 14,217 $ 439 $ 1,042,942 December 31, 2021 Pass Special Mention Substandard Doubtful Total (Dollars in Thousands) Real Estate: Residential $ 317,964 $ 845 $ 1,989 $ — $ 320,798 Commercial 355,895 27,168 9,061 — 392,124 Construction 69,441 13,035 2,552 — 85,028 Commercial and Industrial 72,584 14,463 1,451 512 89,010 Consumer 122,136 — 16 — 122,152 Other 11,616 68 — — 11,684 Total Loans $ 949,636 $ 55,579 $ 15,069 $ 512 $ 1,020,796
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. September 30, 2022 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 $ 326,527 $ 99 $ — $ — $ 99 $ 1,622 $ 328,248 Commercial 430,569 91 — — 91 1,856 432,516 Construction 49,502 — — — — — 49,502 Commercial and Industrial 61,599 19 139 — 158 439 62,196 Consumer 150,071 365 66 — 431 113 150,615 Other 19,865 — — — — — 19,865 Total Loans $ 1,038,133 $ 574 $ 205 $ — $ 779 $ 4,030 $ 1,042,942 December 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 $ 317,583 $ 1,805 $ 17 $ — $ 1,822 $ 1,393 $ 320,798 Commercial 389,522 544 — — 544 2,058 392,124 Construction 85,028 — — — — — 85,028 Commercial and Industrial 87,407 107 — — 107 1,496 89,010 Consumer 121,636 419 81 — 500 16 122,152 Other 11,684 — — — — — 11,684 Total Loans $ 1,012,860 $ 2,875 $ 98 $ — $ 2,973 $ 4,963 $ 1,020,796
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. September 30, December 31, (Dollars in Thousands) Nonaccrual Loans: Real Estate: Residential $ 1,622 $ 1,393 Commercial 1,856 2,058 Commercial and Industrial 439 1,496 Consumer 113 16 Total Nonaccrual Loans 4,030 4,963 Accruing Loans Past Due 90 Days or More: Total Accruing Loans Past Due 90 Days or More — — Total Nonaccrual Loans and Accruing Loans Past Due 90 Days or More 4,030 4,963 Troubled Debt Restructurings, Accruing: Real Estate Residential 544 613 Commercial 1,297 1,674 Commercial and Industrial 9 16 Total Troubled Debt Restructurings, Accruing 1,850 2,303 Total Nonperforming Loans 5,880 7,266 Other Real Estate Owned: Residential — 36 Total Other Real Estate Owned — 36 Total Nonperforming Assets $ 5,880 $ 7,302 Nonperforming Loans to Total Loans 0.56 % 0.71 % Nonperforming Assets to Total Assets 0.41 0.51
Impaired Financing Receivables	The following table presents a summary of the loans considered to be impaired as of the dates indicated. September 30, 2022 Quarter Ended Year to Date Recorded Investment Related Allowance Unpaid Principal Balance Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (Dollars in thousands) With No Related Allowance Recorded: Real Estate: Residential $ 1,053 $ 1,058 $ 1,057 $ 14 $ 1,110 $ 37 Commercial 11,140 11,255 11,254 121 10,681 289 Construction 328 328 331 5 430 13 Commercial and Industrial 104 104 115 2 906 47 Total With No Related Allowance Recorded $ 12,625 $ — $ 12,745 $ 12,757 $ 142 $ 13,127 $ 386 With A Related Allowance Recorded: Real Estate: Residential $ — $ — $ — $ — $ — $ — $ — Commercial 1,636 68 1,636 1,644 35 733 47 Construction — 146 — — — 1,106 36 Commercial and Industrial 439 — 703 447 — 242 1 Total With A Related Allowance Recorded $ 2,075 $ 214 $ 2,339 $ 2,091 $ 35 $ 2,081 $ 84 Total Impaired Loans: Real Estate: Residential $ 1,053 $ — $ 1,058 $ 1,057 $ 14 $ 1,110 $ 37 Commercial 12,776 68 12,891 12,898 156 11,414 336 Construction 328 146 328 331 5 1,536 49 Commercial and Industrial 543 — 807 562 2 1,148 48 Total Impaired Loans $ 14,700 $ 214 $ 15,084 $ 14,848 $ 177 $ 15,208 $ 470 December 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 $ 1,133 $ 1,137 $ 1,158 $ 46 Commercial 9,733 9,787 27,207 927 Construction 540 540 887 34 Commercial and Industrial 1,979 2,286 3,230 49 Total With No Related Allowance Recorded $ 13,385 $ — $ 13,750 $ 32,482 $ 1,056 With A Related Allowance Recorded: Real Estate: Residential $ — $ — $ — $ — $ — Commercial 266 195 266 421 19 Construction 2,013 104 2,013 169 7 Commercial and Industrial — — — 1,316 29 Total With A Related Allowance Recorded $ 2,279 $ 299 $ 2,279 $ 1,906 $ 55 Total Impaired Loans Real Estate: Residential $ 1,133 $ — $ 1,137 $ 1,158 $ 46 Commercial 9,999 195 10,053 27,628 946 Construction 2,553 104 2,553 1,056 41 Commercial and Industrial 1,979 — 2,286 4,546 78 Total Impaired Loans $ 15,664 $ 299 $ 16,029 $ 34,388 $ 1,111
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) June 30, 2022 $ 1,654 $ 6,023 $ 471 $ 2,349 $ 1,502 $ — $ 834 $ 12,833 Charge-offs — — — — (46) — — (46) Recoveries 16 — — 38 13 — — 67 Provision (Recovery) 148 (24) 94 (211) 89 — (96) — September 30, 2022 $ 1,818 $ 5,999 $ 565 $ 2,176 $ 1,558 $ — $ 738 $ 12,854 September 30, 2022 Real Estate Residential Real Estate Commercial Real Estate Construction Commercial and Industrial Consumer Other Unallocated Total (Dollars in thousands) Individually Evaluated for Impairment $ — $ 68 $ 146 $ — $ — $ — $ — $ 214 Collectively Evaluated for Potential Impairment $ 1,818 $ 5,931 $ 419 $ 2,176 $ 1,558 $ — $ 738 $ 12,640 December 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 $ — $ 195 $ 104 $ — $ — $ — $ — $ 299 Collectively Evaluated for Potential Impairment $ 1,420 $ 5,765 $ 1,145 $ 1,151 $ 1,050 $ — $ 752 $ 11,283 Real Estate Residential Real Estate Commercial Real Estate Construction Commercial and Industrial Consumer Other Unallocated Total (Dollars in thousands) June 30, 2021 $ 1,588 $ 5,582 $ 1,136 $ 1,152 $ 941 $ — $ 1,145 $ 11,544 Charge-offs — — — — (19) — — (19) Recoveries 2 — — 11 43 — — 56 (Recovery) Provision (98) 347 (71) (21) (12) — (145) — September 30, 2021 $ 1,492 $ 5,929 $ 1,065 $ 1,142 $ 953 $ — $ 1,000 $ 11,581 September 30, 2021 Real Estate Residential Real Estate Commercial Real Estate Construction Commercial and Industrial Consumer Other Unallocated Total (Dollars in thousands) Individually Evaluated for Impairment $ — $ 199 $ — $ — $ — $ — $ — $ 199 Collectively Evaluated for Potential Impairment $ 1,492 $ 5,730 $ 1,065 $ 1,142 $ 953 $ — $ 1,000 $ 11,382
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 September 30, 2022 and December 31, 2021, commercial and industrial loans include $768,000 and $24.5 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. September 30, 2022 Real Estate Residential Real Estate Commercial Real Estate Construction Commercial and Industrial Consumer Other Total (Dollars in thousands) Individually Evaluated for Impairment $ 1,053 $ 12,776 $ 328 $ 543 $ — $ — $ 14,700 Collectively Evaluated for Potential Impairment 327,195 419,740 49,174 61,653 150,615 19,865 1,028,242 Total Loans $ 328,248 $ 432,516 $ 49,502 $ 62,196 $ 150,615 $ 19,865 $ 1,042,942 December 31, 2021 Real Estate Residential Real Estate Commercial Real Estate Construction Commercial and Industrial Consumer Other Total (Dollars in thousands) Individually Evaluated for Impairment $ 1,133 $ 9,999 $ 2,553 $ 1,979 $ — $ — $ 15,664 Collectively Evaluated for Potential Impairment 319,665 382,125 82,475 87,031 122,152 11,684 1,005,132 Total Loans $ 320,798 $ 392,124 $ 85,028 $ 89,010 $ 122,152 $ 11,684 $ 1,020,796
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, 2021 $ 726 Accretable Yield (178) September 30, 2022 $ 548

Short-Term Borrowings (Tables)

Short-Term Borrowings (Tables)	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Schedule of Debt	The following table sets forth the components of short-term borrowings as of the dates indicated. September 30, 2022 December 31, 2021 Amount Weighted Amount Weighted (Dollars in thousands) Securities Sold Under Agreements to Repurchase: Balance at Period End $ 18,108 0.57 % $ 39,266 0.17 % Average Balance Outstanding During the Period 33,581 0.22 43,988 0.22 Maximum Amount Outstanding at any Month End 39,219 52,777 Securities Collaterizing the Agreements at Period-End: Carrying Value 39,280 59,867 Market Value 33,584 59,339

Fair Value Disclosure (Tables)

Fair Value Disclosure (Tables)	9 Months Ended
	Sep. 30, 2022
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 nine months ended September 30, 2022 or year ended December 31, 2021. Fair Value Hierarchy September 30 December 31 (Dollars in thousands) Securities: Available-for-Sale Debt Securities U.S. Government Agencies Level 2 $ 44,347 $ 52,561 Obligations of States and Political Subdivisions Level 2 13,133 18,955 Mortgage-Backed Securities - Government-Sponsored Enterprises Level 2 42,486 56,559 Collateralized Mortgage Obligations - Government Sponsored Enterprises Level 2 82,816 86,583 Corporate Debt Level 2 8,450 7,450 Total Available-for-Sale Debt Securities 191,232 222,108 Equity Securities Mutual Funds Level 1 873 990 Other Level 1 1,741 1,876 Total Equity Securities 2,614 2,866 Total Securities $ 193,846 $ 224,974
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 September 30, Valuation Significant Unobservable Inputs Range Weighted Average (Dollars in thousands) Impaired Loans Individually Assessed Level 3 $ 1,861 Appraisal of Collateral (1) Appraisal Adjustments (2) 0 % to 50 % 13.3% Financial Asset Fair Value Hierarchy December 31, Valuation Significant Unobservable Inputs Range Weighted Average (Dollars in thousands) Impaired Loans Individually Assessed Level 3 $ 1,980 Appraisal of Collateral (1) Appraisal Adjustments (2) 0 % to 50 % 15.8% Mortgage Servicing Rights Level 3 141 Discounted Cash Flow Discount Rate 9 % to 11 % 10.1% Prepayment Speed 6 % to 36 % 7.5% OREO Level 3 36 Appraisal of Collateral (1) Liquidation Expenses (2) 10 % to 30 % 26.6% (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. September 30, 2022 December 31, 2021 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 $ 99,949 $ 99,949 $ 63,968 $ 63,968 Non-Interest Bearing Level 1 22,852 22,852 55,706 55,706 Securities See Above 193,846 193,846 224,974 224,974 Loans, Net Level 3 1,030,088 1,002,426 1,009,214 1,039,980 Restricted Stock Level 2 2,784 2,784 3,403 3,403 Mortgage Servicing Rights Level 3 658 1,019 730 773 Accrued Interest Receivable Level 2 3,409 3,409 3,350 3,350 Financial Liabilities: Deposits Level 2 1,275,834 1,272,403 1,226,613 1,227,653 Short-Term Borrowings Level 2 18,108 18,099 39,266 39,266 Other Borrowed Funds FHLB Borrowings Level 2 3,000 3,000 3,000 3,000 Subordinated Debt Level 2 14,627 13,490 14,601 15,000 Accrued Interest Payable Level 2 515 515 486 486

Commitments and Contingent Li_2

Commitments and Contingent Liabilities (Tables)	9 Months Ended
	Sep. 30, 2022
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. September 30, December 31, (Dollars in thousands) Standby Letters of Credit $ 110 $ 110 Performance Letters of Credit 1,657 2,873 Construction Mortgages 39,631 55,597 Personal Lines of Credit 6,992 7,055 Overdraft Protection Lines 5,402 5,709 Home Equity Lines of Credit 23,526 21,187 Commercial Lines of Credit 65,443 83,316 Total Commitments $ 142,761 $ 175,847

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2022
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 Nine Months Ended 2022 2021 2022 2021 (Dollars in thousands) Operating Lease Expense $ 89 $ 74 $ 261 $ 257 Short-Term Lease Expense — 8 — 25 Variable Lease Expense 7 8 21 24 Total Lease Expense $ 96 $ 90 $ 282 $ 306 September 30, December 31, (Dollars in thousands) Operating Leases: ROU Assets $ 1,730 $ 674 Weighted Average Lease Term in Years 8.71 7.33 Weighted Average Discount Rate 2.58 % 2.51 %
Lessee, Operating Lease, Liability, Maturity	September 30, (Dollars in thousands) Maturity Analysis: Due in One Year $ 328 Due After One Year to Two Years 263 Due After Two Years to Three Years 240 Due After Three Years to Four Years 195 Due After Four to Five Years 198 Due After Five Years 915 Total $ 2,139 Less: Present Value Discount 234 Lease Liabilities $ 1,905

Other Noninterest Expense (Tabl

Other Noninterest Expense (Tables)	9 Months Ended
	Sep. 30, 2022
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 Nine Months Ended 2022 2021 2022 2021 (Dollars in thousands) Non-Employee Compensation $ 139 $ 184 $ 410 $ 473 Printing and Supplies 63 55 190 218 Postage 163 86 300 265 Telephone 132 145 390 472 Charitable Contributions 39 45 120 80 Dues and Subscriptions 24 33 121 121 Loan Expenses 209 86 459 288 Meals and Entertainment 33 31 101 91 Travel 43 27 116 77 Training 10 5 41 29 Bank Assessment 47 46 141 134 Insurance 70 54 201 173 Miscellaneous 91 106 309 409 Total Other Noninterest Expense $ 1,063 $ 903 $ 2,899 $ 2,830

Segment and Related Informati_2

Segment and Related Information (Tables)	9 Months Ended
	Sep. 30, 2022
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) September 30, 2022 Assets $ 1,425,905 $ 5,173 $ 121,522 $ (126,680) $ 1,425,920 Liabilities 1,321,603 1,835 14,815 (19,039) 1,319,214 Stockholders' Equity 104,302 3,338 106,707 (107,641) 106,706 December 31, 2021 Assets $ 1,425,588 $ 5,110 $ 147,829 $ (153,048) $ 1,425,479 Liabilities 1,299,325 1,731 14,705 (23,406) 1,292,355 Stockholders' Equity 126,263 3,379 133,124 (129,642) 133,124 Three Months Ended September 30, 2022 Interest and Dividend Income $ 12,267 $ 1 $ 1,246 $ (1,227) $ 12,287 Interest Expense 1,117 — 155 — 1,272 Net Interest and Dividend Income 11,150 1 1,091 (1,227) 11,015 Provision for Loan Losses — — — — — Net Interest and Dividend Income After Provision for Loan Losses 11,150 1 1,091 (1,227) 11,015 Noninterest Income (Loss) 1,343 1,406 (10) — 2,739 Noninterest Expense 7,741 1,082 4 — 8,827 Undistributed Net Income (Loss) of Subsidiary 230 — 2,807 (3,037) — Income Before Income Tax Expense (Benefit) 4,982 325 3,884 (4,264) 4,927 Income Tax Expense (Benefit) 948 95 (45) — 998 Net Income $ 4,034 $ 230 $ 3,929 $ (4,264) $ 3,929 Nine Months Ended September 30, 2022 Interest and Dividend Income $ 33,802 $ 4 $ 3,779 $ (3,724) $ 33,861 Interest Expense 2,325 — 467 — 2,792 Net Interest and Dividend Income 31,477 4 3,312 (3,724) 31,069 Provision for Loan Losses 3,784 — — — 3,784 Net Interest and Dividend Income After Provision for Loan Losses 27,693 4 3,312 (3,724) 27,285 Noninterest Income (Loss) 3,023 4,572 (136) — 7,459 Noninterest Expense 22,806 3,074 13 — 25,893 Undistributed Net Income of Subsidiary 1,064 — 3,762 (4,826) — Income Before Income Tax Expense (Benefit) 8,974 1,502 6,925 (8,550) 8,851 Income Tax Expense (Benefit) 1,488 438 (169) — 1,757 Net Income $ 7,486 $ 1,064 $ 7,094 $ (8,550) $ 7,094 Community Bank Exchange Underwriters, Inc. CB Financial Services, Inc. Net Eliminations Consolidated (Dollars in thousands) Three Months Ended September 30, 2021 Interest and Dividend Income $ 10,768 $ 1 $ 1,311 $ (1,294) $ 10,786 Interest Expense 776 — — — 776 Net Interest and Dividend Income 9,992 1 1,311 (1,294) 10,010 Provision for Loan Losses — — — — — Net Interest and Dividend Income After Provision for Loan Losses 9,992 1 1,311 (1,294) 10,010 Noninterest Income 975 1,195 28 — 2,198 Noninterest Expense 8,750 1,020 3 — 9,773 Undistributed Net Income of Subsidiary 124 — 654 (778) — Income Before Income Tax Expense 2,341 176 1,990 (2,072) 2,435 Income Tax Expense 393 52 7 — 452 Net Income $ 1,948 $ 124 $ 1,983 $ (2,072) $ 1,983 Nine Months Ended September 30, 2021 Interest and Dividend Income $ 32,536 $ 4 $ 8,456 $ (8,402) $ 32,594 Interest Expense 2,673 — — — 2,673 Net Interest and Dividend Income 29,863 4 8,456 (8,402) 29,921 (Recovery) for Loan Losses (1,200) — — — (1,200) Net Interest and Dividend Income After (Recovery) for Loan Losses 31,063 4 8,456 (8,402) 31,121 Noninterest Income 3,319 3,995 277 — 7,591 Noninterest Expense 29,898 2,983 9 — 32,890 Undistributed Net Income (Loss) of Subsidiary 710 — (4,096) 3,386 — Income Before Income Tax Expense 5,194 1,016 4,628 (5,016) 5,822 Income Tax Expense 888 306 23 — 1,217 Net Income $ 4,306 $ 710 $ 4,605 $ (5,016) $ 4,605

Stock Based Compensation (Table

Stock Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
Schedule of Stock Options Roll Forward	The following table presents stock option information for the period indicated. Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Outstanding Options at December 31, 2021 207,641 $ 24.01 4.8 Granted 89,465 25.79 Exercised (12,500) 22.25 Forfeited (12,858) 26.43 Outstanding Options at September 30, 2022 271,748 $ 24.56 5.4 Exercisable Options at September 30, 2022 177,683 $ 24.32 3.6 Number of Shares Weighted Average Exercise Price Weighted Average Remaining Service Period in Years Nonvested Options at September 30, 2022 94,065 $ 25.02 9.0 Summary of Significant Assumptions for Newly Issued Stock Options Expected Term in Years 6.5 Expected Volatility 28.7 % Expected Dividends $ 0.96 Risk Free Rate of Return 1.60 % Weighted Average Grant Date Fair Value (per share) $ 4.86
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	The following table presents stock option information for the period indicated. Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Outstanding Options at December 31, 2021 207,641 $ 24.01 4.8 Granted 89,465 25.79 Exercised (12,500) 22.25 Forfeited (12,858) 26.43 Outstanding Options at September 30, 2022 271,748 $ 24.56 5.4 Exercisable Options at September 30, 2022 177,683 $ 24.32 3.6 Number of Shares Weighted Average Exercise Price Weighted Average Remaining Service Period in Years Nonvested Options at September 30, 2022 94,065 $ 25.02 9.0 Summary of Significant Assumptions for Newly Issued Stock Options Expected Term in Years 6.5 Expected Volatility 28.7 % Expected Dividends $ 0.96 Risk Free Rate of Return 1.60 % Weighted Average Grant Date Fair Value (per share) $ 4.86
Nonvested Restricted Stock Shares Activity	The following table presents restricted stock award information for the period indicated Number of Shares Weighted Average Grant Date Fair Value Price Weighted Average Remaining Service Period in Years Nonvested Restricted Stock at December 31, 2021 56,140 $ 23.90 5.3 Granted 21,765 26.07 Vested (1,120) 19.14 Forfeited (3,715) 24.01 Nonvested Restricted Stock at September 30, 2022 73,070 $ 24.61 4.2

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details) - branch	12 Months Ended
	Dec. 31, 2021	Sep. 30, 2022
Real Estate Properties [Line Items]
Number of branches consolidated	6
Number of branches sold	2
Pennsylvania
Real Estate Properties [Line Items]
Number of branches		11
West Virginia
Real Estate Properties [Line Items]
Number of branches		3

Earnings Per Share - Narrative

Earnings Per Share - Narrative (Details) - shares	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Earnings Per Share [Abstract]
Incremental common shares attributable to dilutive effect of conversion of debt securities (in shares)	0	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		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Earnings Per Share [Abstract]
Net Income	$ 3,929	$ 1,983	$ 7,094	$ 4,605
Weighted-Average Basic Common Shares Outstanding (in shares)	5,106,861	5,373,032	5,150,632	5,412,989
Dilutive Effect of Common Stock Equivalents (Stock Options and Restricted Stock) (in shares)	11,766	17,096	14,744	7,803
Weighted-Average Diluted Common Shares and Common Stock Equivalents Outstanding (in shares)	5,118,627	5,390,128	5,165,376	5,420,792
Earnings Per Share:
Basic (in dollars per share)	$ 0.77	$ 0.37	$ 1.38	$ 0.85
Diluted (in dollars per share)	$ 0.77	$ 0.37	$ 1.37	$ 0.85

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Computation of Diluted Earnings Per Share (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
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)	149,367	71,741	149,367	199,641
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)	36,490	23,000	37,490	32,360

Securities - Amortized Cost and

Securities - Amortized Cost and Fair Value of Investment Securities Available-for-sale (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Available-for-Sale Debt Securities:
Amortized Cost	$ 225,199	$ 223,290
Gross Unrealized Gains	0	2,638
Gross Unrealized Losses	(33,967)	(3,820)
Fair Value	191,232	222,108
Equity Securities:
Total Equity Securities	2,614	2,866
Total Securities	193,846	224,974
U.S. Government Agencies
Available-for-Sale Debt Securities:
Amortized Cost	53,993	53,992
Gross Unrealized Gains	0	2
Gross Unrealized Losses	(9,646)	(1,433)
Fair Value	44,347	52,561
Obligations of States and Political Subdivisions
Available-for-Sale Debt Securities:
Amortized Cost	14,053	17,951
Gross Unrealized Gains	0	1,004
Gross Unrealized Losses	(920)	0
Fair Value	13,133	18,955
Mortgage-Backed Securities - Government-Sponsored Enterprises
Available-for-Sale Debt Securities:
Amortized Cost	48,045	55,373
Gross Unrealized Gains	0	1,468
Gross Unrealized Losses	(5,559)	(282)
Fair Value	42,486	56,559
Collateralized Mortgage Obligations - Government Sponsored Enterprises
Available-for-Sale Debt Securities:
Amortized Cost	99,623	88,493
Gross Unrealized Gains	0	164
Gross Unrealized Losses	(16,807)	(2,074)
Fair Value	82,816	86,583
Corporate Debt
Available-for-Sale Debt Securities:
Amortized Cost	9,485	7,481
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(1,035)	(31)
Fair Value	8,450	7,450
Mutual Funds
Equity Securities:
Total Equity Securities	873	990
Other
Equity Securities:
Total Equity Securities	$ 1,741	$ 1,876

Securities - Gross Unrealized L

Securities - Gross Unrealized Losses and Fair Value by Investment Category and Continuous Unrealized Loss Position (Details) $ in Thousands	Sep. 30, 2022 USD ($) security	Dec. 31, 2021 USD ($) security
Less than 12 months
Number of Securities | security	91	25
Fair Value	$ 96,096	$ 131,511
Gross Unrealized Losses	$ (14,636)	$ (2,656)
12 Months or Greater
Number of Securities | security	23	7
Fair Value	$ 95,136	$ 31,830
Gross Unrealized Losses	$ (19,331)	$ (1,164)
Total
Number of Securities | security	114	32
Fair Value	$ 191,232	$ 163,341
Gross Unrealized Losses	$ (33,967)	$ (3,820)
U.S. Government Agencies
Less than 12 months
Number of Securities | security	1	5
Fair Value	$ 2,576	$ 17,729
Gross Unrealized Losses	$ (424)	$ (269)
12 Months or Greater
Number of Securities | security	12	7
Fair Value	$ 41,771	$ 31,830
Gross Unrealized Losses	$ (9,222)	$ (1,164)
Total
Number of Securities | security	13	12
Fair Value	$ 44,347	$ 49,559
Gross Unrealized Losses	$ (9,646)	$ (1,433)
Obligations of States and Political Subdivisions
Less than 12 months
Number of Securities | security	34	0
Fair Value	$ 13,133	$ 0
Gross Unrealized Losses	$ (920)	$ 0
12 Months or Greater
Number of Securities | security	0	0
Fair Value	$ 0	$ 0
Gross Unrealized Losses	$ 0	$ 0
Total
Number of Securities | security	34	0
Fair Value	$ 13,133	$ 0
Gross Unrealized Losses	$ (920)	$ 0
Mortgage-Backed Securities - Government-Sponsored Enterprises
Less than 12 months
Number of Securities | security	38	8
Fair Value	$ 29,578	$ 28,772
Gross Unrealized Losses	$ (3,166)	$ (282)
12 Months or Greater
Number of Securities | security	4	0
Fair Value	$ 12,908	$ 0
Gross Unrealized Losses	$ (2,393)	$ 0
Total
Number of Securities | security	42	8
Fair Value	$ 42,486	$ 28,772
Gross Unrealized Losses	$ (5,559)	$ (282)
Collateralized Mortgage Obligations - Government Sponsored Enterprises
Less than 12 months
Number of Securities | security	16	10
Fair Value	$ 46,959	$ 77,560
Gross Unrealized Losses	$ (9,451)	$ (2,074)
12 Months or Greater
Number of Securities | security	6	0
Fair Value	$ 35,857	$ 0
Gross Unrealized Losses	$ (7,356)	$ 0
Total
Number of Securities | security	22	10
Fair Value	$ 82,816	$ 77,560
Gross Unrealized Losses	$ (16,807)	$ (2,074)
Corporate Debt
Less than 12 months
Number of Securities | security	2	2
Fair Value	$ 3,850	$ 7,450
Gross Unrealized Losses	$ (675)	$ (31)
12 Months or Greater
Number of Securities | security	1	0
Fair Value	$ 4,600	$ 0
Gross Unrealized Losses	$ (360)	$ 0
Total
Number of Securities | security	3	2
Fair Value	$ 8,450	$ 7,450
Gross Unrealized Losses	$ (1,035)	$ (31)

Securities - Narrative (Details

Securities - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Public Deposits, Short Term Borrowings and Other
Financial Instruments Owned and Pledged as Collateral [Line Items]
Investment securities, available-for-sale, pledged	$ 179.6	$ 121
Public Funds and Sweep Deposits
Financial Instruments Owned and Pledged as Collateral [Line Items]
Investment securities, available-for-sale, pledged	$ 182.8	$ 214.7

Securities - Maturities of Inve

Securities - Maturities of Investment Securities Available-for-sale and Held-to-maturity (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Amortized Cost
Due in One Year or Less	$ 245
Due after One Year through Five Years	10,477
Due after Five Years through Ten Years	72,745
Due after Ten Years	141,732
Amortized Cost	225,199	$ 223,290
Fair Value
Due in One Year or Less	244
Due after One Year through Five Years	9,211
Due after Five Years through Ten Years	62,072
Due after Ten Years	119,705
Total	$ 191,232	$ 222,108

Securities - Gains (Losses) of

Securities - Gains (Losses) of Sales of Available-for-sale Investment Securities (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Debt Securities
Gross Realized Gain	$ 0	$ 0	$ 0	$ 225
Gross Realized Loss	0	0	0	0
Net Gain on Debt Securities	0	0	0	225
Equity Securities
Net Unrealized (Loss) Gain Recognized on Securities Held	(46)	18	(252)	251
Net Realized Gain Recognized on Securities Sold	0	6	0	6
Net (Loss) Gain on Equity Securities	(46)	24	(252)	257
Net (Loss) Gain on Securities	$ (46)	$ 24	$ (252)	$ 482

Loans and Allowance for Loan _3

Loans and Allowance for Loan Losses - Classification of Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Loans and Leases Receivable Disclosure [Line Items]
Loans	$ 1,042,942		$ 1,020,796
Allowance for Loan Losses	(12,854)	$ (12,833)	(11,582)	$ (11,581)	$ (11,544)	$ (12,771)
Loans, Net	$ 1,030,088		$ 1,009,214
Percent	100%		100%
Real Estate | Residential
Loans and Leases Receivable Disclosure [Line Items]
Loans	$ 328,248		$ 320,798
Allowance for Loan Losses	$ (1,818)	(1,654)	$ (1,420)	(1,492)	(1,588)	(2,249)
Percent	31.50%		31.40%
Real Estate | Commercial
Loans and Leases Receivable Disclosure [Line Items]
Loans	$ 432,516		$ 392,124
Allowance for Loan Losses	$ (5,999)	(6,023)	$ (5,960)	(5,929)	(5,582)	(6,010)
Percent	41.50%		38.50%
Real Estate | Construction
Loans and Leases Receivable Disclosure [Line Items]
Loans	$ 49,502		$ 85,028
Allowance for Loan Losses	$ (565)	(471)	$ (1,249)	(1,065)	(1,136)	(889)
Percent	4.70%		8.30%
Commercial and Industrial
Loans and Leases Receivable Disclosure [Line Items]
Loans	$ 62,196		$ 89,010
Allowance for Loan Losses	$ (2,176)	(2,349)	$ (1,151)	(1,142)	(1,152)	(1,423)
Percent	6%		8.70%
Consumer
Loans and Leases Receivable Disclosure [Line Items]
Loans	$ 150,615		$ 122,152
Allowance for Loan Losses	$ (1,558)	(1,502)	$ (1,050)	(953)	(941)	(1,283)
Percent	14.40%		12%
Other
Loans and Leases Receivable Disclosure [Line Items]
Loans	$ 19,865		$ 11,684
Allowance for Loan Losses	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0
Percent	1.90%		1.10%

Loans and Allowance for Loan _4

Loans and Allowance for Loan Losses - Narrative (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2022 USD ($) loan	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($) loan	Sep. 30, 2021 USD ($)	Dec. 31, 2021 USD ($) loan
Loans and Leases Receivable Disclosure [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	$ (1,042,942,000)		$ (1,042,942,000)		$ (1,020,796,000)
Total unamortized net deferred loan fees	1,300,000		1,300,000		1,900,000
Financing receivable, nonaccrual, interest income	56,000	$ 33,000	142,000	$ 136,000
Mortgage loans in process of foreclosure, amount	$ 944,456		944,456		$ 571,000
Increase (decrease) in impaired financing receivable, recorded investment			$ (964,000)
Non-TDR Loan Modifications, CARES Act
Loans and Leases Receivable Disclosure [Line Items]
Number of loans in forbearance | loan	0		0		0
Unlikely to be Collected Financing Receivable
Loans and Leases Receivable Disclosure [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	$ 0		$ 0		$ 0
Commercial
Loans and Leases Receivable Disclosure [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	(62,196,000)		(62,196,000)		(89,010,000)
Commercial | Paycheck Protection Program, CARES Act
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, before allowance for credits loss, period increase (decrease)			(23,800,000)
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	(768,000)		(768,000)		(24,500,000)
Financing receivable, unamortized loan fee	27,000		27,000		$ 678,000
Amortization of deferred loan origination fees, net	$ 117,000	$ 380,000	$ 651,000	$ 1,400,000

Loans and Allowance for Loan _5

Loans and Allowance for Loan Losses - Internal Risk Rating System (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Loans and Leases Receivable Disclosure [Line Items]
Loans	$ 1,042,942	$ 1,020,796
Pass
Loans and Leases Receivable Disclosure [Line Items]
Loans	983,133	949,636
Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Loans	45,153	55,579
Substandard
Loans and Leases Receivable Disclosure [Line Items]
Loans	14,217	15,069
Doubtful
Loans and Leases Receivable Disclosure [Line Items]
Loans	439	512
Real Estate | Residential
Loans and Leases Receivable Disclosure [Line Items]
Loans	328,248	320,798
Real Estate | Residential | Pass
Loans and Leases Receivable Disclosure [Line Items]
Loans	325,702	317,964
Real Estate | Residential | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Loans	344	845
Real Estate | Residential | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Loans	2,202	1,989
Real Estate | Residential | Doubtful
Loans and Leases Receivable Disclosure [Line Items]
Loans	0	0
Real Estate | Commercial
Loans and Leases Receivable Disclosure [Line Items]
Loans	432,516	392,124
Real Estate | Commercial | Pass
Loans and Leases Receivable Disclosure [Line Items]
Loans	386,294	355,895
Real Estate | Commercial | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Loans	34,743	27,168
Real Estate | Commercial | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Loans	11,479	9,061
Real Estate | Commercial | Doubtful
Loans and Leases Receivable Disclosure [Line Items]
Loans	0	0
Real Estate | Construction
Loans and Leases Receivable Disclosure [Line Items]
Loans	49,502	85,028
Real Estate | Construction | Pass
Loans and Leases Receivable Disclosure [Line Items]
Loans	48,065	69,441
Real Estate | Construction | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Loans	1,109	13,035
Real Estate | Construction | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Loans	328	2,552
Real Estate | Construction | Doubtful
Loans and Leases Receivable Disclosure [Line Items]
Loans	0	0
Commercial and Industrial
Loans and Leases Receivable Disclosure [Line Items]
Loans	62,196	89,010
Commercial and Industrial | Pass
Loans and Leases Receivable Disclosure [Line Items]
Loans	52,765	72,584
Commercial and Industrial | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Loans	8,897	14,463
Commercial and Industrial | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Loans	95	1,451
Commercial and Industrial | Doubtful
Loans and Leases Receivable Disclosure [Line Items]
Loans	439	512
Consumer
Loans and Leases Receivable Disclosure [Line Items]
Loans	150,615	122,152
Consumer | Pass
Loans and Leases Receivable Disclosure [Line Items]
Loans	150,502	122,136
Consumer | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Loans	0	0
Consumer | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Loans	113	16
Consumer | Doubtful
Loans and Leases Receivable Disclosure [Line Items]
Loans	0	0
Other
Loans and Leases Receivable Disclosure [Line Items]
Loans	19,865	11,684
Other | Pass
Loans and Leases Receivable Disclosure [Line Items]
Loans	19,805	11,616
Other | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Loans	60	68
Other | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Loans	0	0
Other | Doubtful
Loans and Leases Receivable Disclosure [Line Items]
Loans	$ 0	$ 0

Loans and Allowance for Loan _6

Loans and Allowance for Loan Losses - Loans by Aging Categories (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Financing Receivable, Past Due [Line Items]
Loans	$ 1,042,942	$ 1,020,796
Non- Accrual	4,030	4,963
Loans Current
Financing Receivable, Past Due [Line Items]
Loans	1,038,133	1,012,860
Total Past Due
Financing Receivable, Past Due [Line Items]
Loans	779	2,973
30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	574	2,875
60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	205	98
90 Days Or More Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Real Estate | Residential
Financing Receivable, Past Due [Line Items]
Loans	328,248	320,798
Non- Accrual	1,622	1,393
Real Estate | Commercial
Financing Receivable, Past Due [Line Items]
Loans	432,516	392,124
Non- Accrual	1,856	2,058
Real Estate | Construction
Financing Receivable, Past Due [Line Items]
Loans	49,502	85,028
Non- Accrual	0	0
Real Estate | Loans Current | Residential
Financing Receivable, Past Due [Line Items]
Loans	326,527	317,583
Real Estate | Loans Current | Commercial
Financing Receivable, Past Due [Line Items]
Loans	430,569	389,522
Real Estate | Loans Current | Construction
Financing Receivable, Past Due [Line Items]
Loans	49,502	85,028
Real Estate | Total Past Due | Residential
Financing Receivable, Past Due [Line Items]
Loans	99	1,822
Real Estate | Total Past Due | Commercial
Financing Receivable, Past Due [Line Items]
Loans	91	544
Real Estate | Total Past Due | Construction
Financing Receivable, Past Due [Line Items]
Loans	0	0
Real Estate | 30-59 Days Past Due | Residential
Financing Receivable, Past Due [Line Items]
Loans	99	1,805
Real Estate | 30-59 Days Past Due | Commercial
Financing Receivable, Past Due [Line Items]
Loans	91	544
Real Estate | 30-59 Days Past Due | Construction
Financing Receivable, Past Due [Line Items]
Loans	0	0
Real Estate | 60-89 Days Past Due | Residential
Financing Receivable, Past Due [Line Items]
Loans	0	17
Real Estate | 60-89 Days Past Due | Commercial
Financing Receivable, Past Due [Line Items]
Loans	0	0
Real Estate | 60-89 Days Past Due | Construction
Financing Receivable, Past Due [Line Items]
Loans	0	0
Real Estate | 90 Days Or More Past Due | Residential
Financing Receivable, Past Due [Line Items]
Loans	0	0
Real Estate | 90 Days Or More Past Due | Commercial
Financing Receivable, Past Due [Line Items]
Loans	0	0
Real Estate | 90 Days Or More Past Due | Construction
Financing Receivable, Past Due [Line Items]
Loans	0	0
Commercial and Industrial
Financing Receivable, Past Due [Line Items]
Loans	62,196	89,010
Non- Accrual	439	1,496
Commercial and Industrial | Loans Current
Financing Receivable, Past Due [Line Items]
Loans	61,599	87,407
Commercial and Industrial | Total Past Due
Financing Receivable, Past Due [Line Items]
Loans	158	107
Commercial and Industrial | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	19	107
Commercial and Industrial | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	139	0
Commercial and Industrial | 90 Days Or More Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Consumer
Financing Receivable, Past Due [Line Items]
Loans	150,615	122,152
Non- Accrual	113	16
Consumer | Loans Current
Financing Receivable, Past Due [Line Items]
Loans	150,071	121,636
Consumer | Total Past Due
Financing Receivable, Past Due [Line Items]
Loans	431	500
Consumer | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	365	419
Consumer | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	66	81
Consumer | 90 Days Or More Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Other
Financing Receivable, Past Due [Line Items]
Loans	19,865	11,684
Non- Accrual	0	0
Other | Loans Current
Financing Receivable, Past Due [Line Items]
Loans	19,865	11,684
Other | Total Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Other | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Other | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Other | 90 Days Or More Past Due
Financing Receivable, Past Due [Line Items]
Loans	$ 0	$ 0

Loans and Allowance for Loan _7

Loans and Allowance for Loan Losses - Nonaccrual TDRs (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Financing Receivable, Troubled Debt Restructuring [Line Items]
Non- Accrual	$ 4,030	$ 4,963
Total Loans	1,042,942	1,020,796
TOTAL ASSETS	$ 1,425,920	$ 1,425,479
Nonperforming Loans to Total Loans	0.56%	0.71%
Nonperforming Assets to Total Assets	0.41%	0.51%
Nonperforming Financial Instruments
Financing Receivable, Troubled Debt Restructuring [Line Items]
Non- Accrual	$ 4,030	$ 4,963
Total Accruing Loans Past Due 90 Days or More	0	0
Total Nonaccrual Loans and Accruing Loans Past Due 90 Days or More	4,030	4,963
Total Troubled Debt Restructurings, Accruing	1,850	2,303
Total Loans	5,880	7,266
Total Other Real Estate Owned	0	36
TOTAL ASSETS	5,880	7,302
Real Estate | Residential
Financing Receivable, Troubled Debt Restructuring [Line Items]
Non- Accrual	1,622	1,393
Total Loans	328,248	320,798
Real Estate | Residential | Nonperforming Financial Instruments
Financing Receivable, Troubled Debt Restructuring [Line Items]
Non- Accrual	1,622	1,393
Total Troubled Debt Restructurings, Accruing	544	613
Total Other Real Estate Owned	0	36
Real Estate | Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Non- Accrual	1,856	2,058
Total Loans	432,516	392,124
Real Estate | Commercial | Nonperforming Financial Instruments
Financing Receivable, Troubled Debt Restructuring [Line Items]
Non- Accrual	1,856	2,058
Total Troubled Debt Restructurings, Accruing	1,297	1,674
Commercial and Industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Non- Accrual	439	1,496
Total Loans	62,196	89,010
Commercial and Industrial | Nonperforming Financial Instruments
Financing Receivable, Troubled Debt Restructuring [Line Items]
Non- Accrual	439	1,496
Total Troubled Debt Restructurings, Accruing	9	16
Consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Non- Accrual	113	16
Total Loans	150,615	122,152
Consumer | Nonperforming Financial Instruments
Financing Receivable, Troubled Debt Restructuring [Line Items]
Non- Accrual	$ 113	$ 16

Loans and Allowance for Loan _8

Loans and Allowance for Loan Losses - Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Sep. 30, 2022	Dec. 31, 2021
With No Related Allowance Recorded:
Recorded Investment	$ 12,625	$ 12,625	$ 13,385
Unpaid Principal Balance	12,745	12,745	13,750
Average Recorded Investment	12,757	13,127	32,482
Interest Income Recognized	142	386	1,056
With A Related Allowance Recorded:
Recorded Investment	2,075	2,075	2,279
Related Allowance	214	214	299
Unpaid Principal Balance	2,339	2,339	2,279
Average Recorded Investment	2,091	2,081	1,906
Interest Income Recognized	35	84	55
Total Impaired Loans:
Recorded Investment	14,700	14,700	15,664
Unpaid Principal Balance	15,084	15,084	16,029
Average Recorded Investment	14,848	15,208	34,388
Interest Income Recognized	177	470	1,111
Real Estate | Residential
With No Related Allowance Recorded:
Recorded Investment	1,053	1,053	1,133
Unpaid Principal Balance	1,058	1,058	1,137
Average Recorded Investment	1,057	1,110	1,158
Interest Income Recognized	14	37	46
With A Related Allowance Recorded:
Recorded Investment	0	0	0
Related Allowance	0	0	0
Unpaid Principal Balance	0	0	0
Average Recorded Investment	0	0	0
Interest Income Recognized	0	0	0
Total Impaired Loans:
Recorded Investment	1,053	1,053	1,133
Unpaid Principal Balance	1,058	1,058	1,137
Average Recorded Investment	1,057	1,110	1,158
Interest Income Recognized	14	37	46
Real Estate | Commercial
With No Related Allowance Recorded:
Recorded Investment	11,140	11,140	9,733
Unpaid Principal Balance	11,255	11,255	9,787
Average Recorded Investment	11,254	10,681	27,207
Interest Income Recognized	121	289	927
With A Related Allowance Recorded:
Recorded Investment	1,636	1,636	266
Related Allowance	68	68	195
Unpaid Principal Balance	1,636	1,636	266
Average Recorded Investment	1,644	733	421
Interest Income Recognized	35	47	19
Total Impaired Loans:
Recorded Investment	12,776	12,776	9,999
Unpaid Principal Balance	12,891	12,891	10,053
Average Recorded Investment	12,898	11,414	27,628
Interest Income Recognized	156	336	946
Real Estate | Construction
With No Related Allowance Recorded:
Recorded Investment	328	328	540
Unpaid Principal Balance	328	328	540
Average Recorded Investment	331	430	887
Interest Income Recognized	5	13	34
With A Related Allowance Recorded:
Recorded Investment	0	0	2,013
Related Allowance	146	146	104
Unpaid Principal Balance	0	0	2,013
Average Recorded Investment	0	1,106	169
Interest Income Recognized	0	36	7
Total Impaired Loans:
Recorded Investment	328	328	2,553
Unpaid Principal Balance	328	328	2,553
Average Recorded Investment	331	1,536	1,056
Interest Income Recognized	5	49	41
Commercial and Industrial
With No Related Allowance Recorded:
Recorded Investment	104	104	1,979
Unpaid Principal Balance	104	104	2,286
Average Recorded Investment	115	906	3,230
Interest Income Recognized	2	47	49
With A Related Allowance Recorded:
Recorded Investment	439	439	0
Related Allowance	0	0	0
Unpaid Principal Balance	703	703	0
Average Recorded Investment	447	242	1,316
Interest Income Recognized	0	1	29
Total Impaired Loans:
Recorded Investment	543	543	1,979
Unpaid Principal Balance	807	807	2,286
Average Recorded Investment	562	1,148	4,546
Interest Income Recognized	$ 2	$ 48	$ 78

Loans and Allowance for Loan _9

Loans and Allowance for Loan Losses - Activity in the Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 12,833	$ 11,544	$ 11,582	$ 12,771
Charge-offs	(46)	(19)	(2,830)	(139)
Recoveries	67	56	318	149
Provision (Recovery)	0	0	3,784	(1,200)
Ending balance	12,854	11,581	12,854	11,581
Individually Evaluated for Impairment	214	199	214	199	$ 299
Collectively Evaluated for Potential Impairment	12,640	11,382	12,640	11,382	11,283
Real Estate | Residential
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	1,654	1,588	1,420	2,249
Charge-offs	0	0	(33)	0
Recoveries	16	2	143	15
Provision (Recovery)	148	(98)	288	(772)
Ending balance	1,818	1,492	1,818	1,492
Individually Evaluated for Impairment	0	0	0	0	0
Collectively Evaluated for Potential Impairment	1,818	1,492	1,818	1,492	1,420
Real Estate | Commercial
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	6,023	5,582	5,960	6,010
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision (Recovery)	(24)	347	39	(81)
Ending balance	5,999	5,929	5,999	5,929
Individually Evaluated for Impairment	68	199	68	199	195
Collectively Evaluated for Potential Impairment	5,931	5,730	5,931	5,730	5,765
Real Estate | Construction
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	471	1,136	1,249	889
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision (Recovery)	94	(71)	(684)	176
Ending balance	565	1,065	565	1,065
Individually Evaluated for Impairment	146	0	146	0	104
Collectively Evaluated for Potential Impairment	419	1,065	419	1,065	1,145
Commercial and Industrial
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	2,349	1,152	1,151	1,423
Charge-offs	0	0	(2,712)	0
Recoveries	38	11	106	33
Provision (Recovery)	(211)	(21)	3,631	(314)
Ending balance	2,176	1,142	2,176	1,142
Individually Evaluated for Impairment	0	0	0	0	0
Collectively Evaluated for Potential Impairment	2,176	1,142	2,176	1,142	1,151
Consumer
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	1,502	941	1,050	1,283
Charge-offs	(46)	(19)	(85)	(139)
Recoveries	13	43	69	101
Provision (Recovery)	89	(12)	524	(292)
Ending balance	1,558	953	1,558	953
Individually Evaluated for Impairment	0	0	0	0	0
Collectively Evaluated for Potential Impairment	1,558	953	1,558	953	1,050
Other
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	0	0	0	0
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision (Recovery)	0	0	0	0
Ending balance	0	0	0	0
Individually Evaluated for Impairment	0	0	0	0	0
Collectively Evaluated for Potential Impairment	0	0	0	0	0
Unallocated
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	834	1,145	752	917
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision (Recovery)	(96)	(145)	(14)	83
Ending balance	738	1,000	738	1,000
Individually Evaluated for Impairment	0	0	0	0	0
Collectively Evaluated for Potential Impairment	$ 738	$ 1,000	$ 738	$ 1,000	$ 752

Loans and Allowance for Loan_10

Loans and Allowance for Loan Losses - Loans Summarized by Individually Evaluated for Impairment and Collectively Evaluated for Potential Losses (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually Evaluated for Impairment	$ 14,700	$ 15,664
Collectively Evaluated for Potential Impairment	1,028,242	1,005,132
Total Loans	1,042,942	1,020,796
Real Estate | Residential
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually Evaluated for Impairment	1,053	1,133
Collectively Evaluated for Potential Impairment	327,195	319,665
Total Loans	328,248	320,798
Real Estate | Commercial
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually Evaluated for Impairment	12,776	9,999
Collectively Evaluated for Potential Impairment	419,740	382,125
Total Loans	432,516	392,124
Real Estate | Construction
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually Evaluated for Impairment	328	2,553
Collectively Evaluated for Potential Impairment	49,174	82,475
Total Loans	49,502	85,028
Commercial and Industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually Evaluated for Impairment	543	1,979
Collectively Evaluated for Potential Impairment	61,653	87,031
Total Loans	62,196	89,010
Consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually Evaluated for Impairment	0	0
Collectively Evaluated for Potential Impairment	150,615	122,152
Total Loans	150,615	122,152
Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually Evaluated for Impairment	0	0
Collectively Evaluated for Potential Impairment	19,865	11,684
Total Loans	$ 19,865	$ 11,684

Loans and Allowance for Loan_11

Loans and Allowance for Loan Losses - Accretable Discount on Loans Acquired at Fair Value (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2022 USD ($)
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield Movement Schedule [Roll Forward]
Beginning balance	$ 726
Accretable Yield	(178)
Ending balance	$ 548

Short-Term Borrowings - Federal

Short-Term Borrowings - Federal Funds Purchased and Short-term Borrowings (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Amount
Balance at Period End	$ 18,108	$ 39,266
Securities Sold under Agreements to Repurchase
Amount
Balance at Period End	18,108	39,266
Average Balance Outstanding During the Period	33,581	43,988
Maximum Amount Outstanding at any Month End	$ 39,219	$ 52,777
Weighted Average Rate
Balance at Period End	0.57%	0.17%
Average Balance Outstanding During the Period	0.22%	0.22%
Securities Collaterizing the Agreements at Period-End:
Carrying Value	$ 39,280	$ 59,867
Market Value	$ 33,584	$ 59,339

Fair Value Disclosure - Assets

Fair Value Disclosure - Assets and Liabilities Reported Fair Value (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 191,232	$ 222,108
Total Equity Securities	2,614	2,866
Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	191,232	222,108
Total Equity Securities	2,614	2,866
Total Securities	193,846	224,974
U.S. Government Agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	44,347	52,561
Obligations of States and Political Subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	13,133	18,955
Mortgage-Backed Securities - Government-Sponsored Enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	42,486	56,559
Collateralized Mortgage Obligations - Government Sponsored Enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	82,816	86,583
Corporate Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	8,450	7,450
Mutual Funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Equity Securities	873	990
Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Equity Securities	1,741	1,876
Level 2 | U.S. Government Agencies | Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	44,347	52,561
Level 2 | Obligations of States and Political Subdivisions | Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	13,133	18,955
Level 2 | Mortgage-Backed Securities - Government-Sponsored Enterprises | Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	42,486	56,559
Level 2 | Collateralized Mortgage Obligations - Government Sponsored Enterprises | Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	82,816	86,583
Level 2 | Corporate Debt | Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	8,450	7,450
Level 1 | Mutual Funds | Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Equity Securities	873	990
Level 1 | Other | Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Equity Securities	$ 1,741	$ 1,876

Fair Value Disclosure - Signifi

Fair Value Disclosure - Significant Unobservable Inputs Used in the Fair Value Measurements (Details) - Level 3 - Fair Value, Nonrecurring $ in Thousands	Sep. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
Financial Assets:
Impaired Loans Individually Assessed	$ 1,861	$ 1,980
Mortgage Servicing Rights		141
OREO		$ 36
Measurement Input, Comparability Adjustment | Weighted Average
Range
Impaired Loans Individually Assessed	0.133	15.8
Discount Rate | Weighted Average
Range
Mortgage Servicing Rights		0.101
Prepayment Speed | Weighted Average
Range
Mortgage Servicing Rights		0.075
Measurement Input, Cost to Sell | Weighted Average
Range
OREO		26.6
Appraisal of Collateral | Appraisal Adjustments | Minimum
Range
Impaired Loans Individually Assessed	0	0
OREO		0.10
Appraisal of Collateral | Appraisal Adjustments | Maximum
Range
Impaired Loans Individually Assessed	0.50	0.50
OREO		0.30
Discounted Cash Flow | Discount Rate | Minimum
Range
Mortgage Servicing Rights		0.09
Discounted Cash Flow | Discount Rate | Maximum
Range
Mortgage Servicing Rights		0.11
Discounted Cash Flow | Prepayment Speed | Minimum
Range
Mortgage Servicing Rights		0.06
Discounted Cash Flow | Prepayment Speed | Maximum
Range
Mortgage Servicing Rights		0.36

Fair Value Disclosure - Narrati

Fair Value Disclosure - Narrative (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Recorded Investment	$ 2,075	$ 2,279
Related Allowance	$ 214	$ 299

Fair Value Disclosure - Estimat

Fair Value Disclosure - Estimated Fair Value of the Company's Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Financial Assets:
Fair Value	$ 191,232	$ 222,108
Carrying Value
Financial Assets:
Fair Value	193,846	224,974
Fair Value
Financial Assets:
Fair Value	193,846	224,974
Level 1 | Carrying Value
Financial Assets:
Interest Bearing	99,949	63,968
Non-Interest Bearing	22,852	55,706
Level 1 | Fair Value
Financial Assets:
Interest Bearing	99,949	63,968
Non-Interest Bearing	22,852	55,706
Level 2 | Carrying Value
Financial Assets:
Restricted Stock	2,784	3,403
Accrued Interest Receivable	3,409	3,350
Financial Liabilities:
Deposits	1,275,834	1,226,613
Short-Term Borrowings	18,108	39,266
Other Borrowed Funds
FHLB Borrowings	3,000	3,000
Subordinated Debt	14,627	14,601
Accrued Interest Payable	515	486
Level 2 | Fair Value
Financial Assets:
Restricted Stock	2,784	3,403
Accrued Interest Receivable	3,409	3,350
Financial Liabilities:
Deposits	1,272,403	1,227,653
Short-Term Borrowings	18,099	39,266
Other Borrowed Funds
FHLB Borrowings	3,000	3,000
Subordinated Debt	13,490	15,000
Accrued Interest Payable	515	486
Level 3 | Carrying Value
Financial Assets:
Loans, Net	1,030,088	1,009,214
Mortgage Servicing Rights	658	730
Level 3 | Fair Value
Financial Assets:
Loans, Net	1,002,426	1,039,980
Mortgage Servicing Rights	$ 1,019	$ 773

Commitments and Contingent Li_3

Commitments and Contingent Liabilities - Unused and Available Credit Balances of Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Loss Contingencies [Line Items]
Total Commitments	$ 142,761	$ 175,847
Standby Letters of Credit
Loss Contingencies [Line Items]
Total Commitments	110	110
Performance Letters of Credit
Loss Contingencies [Line Items]
Total Commitments	1,657	2,873
Construction Mortgages
Loss Contingencies [Line Items]
Total Commitments	39,631	55,597
Personal Lines of Credit
Loss Contingencies [Line Items]
Total Commitments	6,992	7,055
Overdraft Protection Lines
Loss Contingencies [Line Items]
Total Commitments	5,402	5,709
Home Equity Lines of Credit
Loss Contingencies [Line Items]
Total Commitments	23,526	21,187
Commercial Lines of Credit
Loss Contingencies [Line Items]
Total Commitments	$ 65,443	$ 83,316

Leases - Narrative (Details)

Leases - Narrative (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Lessee, Lease, Description [Line Items]
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Accrued Interest Receivable and Other Assets
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Accrued Interest Payable and Other Liabilities
Right of Use Asset Recognized	$ 1,284	$ 0
Lease Liability Recognized	$ 1,284	$ 0
McMurray, PA
Lessee, Lease, Description [Line Items]
Lease term	10 years
Waynesburg
Lessee, Lease, Description [Line Items]
Lease term	5 years

Leases - Operating Leases (Deta

Leases - Operating Leases (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Leases [Abstract]
Operating Lease Expense	$ 89	$ 74	$ 261	$ 257
Short-Term Lease Expense	0	8	0	25
Variable Lease Expense	7	8	21	24
Total Lease Expense	96	$ 90	282	$ 306
Operating Leases:
ROU Assets	$ 1,730		$ 1,730		$ 674
Weighted Average Lease Term in Years	8 years 8 months 15 days		8 years 8 months 15 days		7 years 3 months 29 days
Weighted Average Discount Rate	2.58%		2.58%		2.51%

Leases - Maturity of Operating

Leases - Maturity of Operating Lease (Details) $ in Thousands	Sep. 30, 2022 USD ($)
Leases [Abstract]
Due in One Year	$ 328
Due After One Year to Two Years	263
Due After Two Years to Three Years	240
Due After Three Years to Four Years	195
Due After Four to Five Years	198
Due After Five Years	915
Total	2,139
Less: Present Value Discount	234
Lease Liabilities	$ 1,905

Other Noninterest Expense - Com

Other Noninterest Expense - Components of Other Noninterest Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Other Income and Expenses [Abstract]
Non-Employee Compensation	$ 139	$ 184	$ 410	$ 473
Printing and Supplies	63	55	190	218
Postage	163	86	300	265
Telephone	132	145	390	472
Charitable Contributions	39	45	120	80
Dues and Subscriptions	24	33	121	121
Loan Expenses	209	86	459	288
Meals and Entertainment	33	31	101	91
Travel	43	27	116	77
Training	10	5	41	29
Bank Assessment	47	46	141	134
Insurance	70	54	201	173
Miscellaneous	91	106	309	409
Total Other Noninterest Expense	$ 1,063	$ 903	$ 2,899	$ 2,830

Segment and Related Informati_3

Segment and Related Information - Narrative (Details)	9 Months Ended
	Sep. 30, 2022 segment
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		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Assets	$ 1,425,920		$ 1,425,920			$ 1,425,479
Liabilities	1,319,214		1,319,214			1,292,355
Stockholders' Equity	106,706	$ 130,987	106,706	$ 130,987	$ 113,772	133,124	$ 132,536	$ 134,530
Interest and Dividend Income	12,287	10,786	33,861	32,594
Interest Expense	1,272	776	2,792	2,673
NET INTEREST AND DIVIDEND INCOME	11,015	10,010	31,069	29,921
Provision (Recovery)	0	0	3,784	(1,200)
Net Interest and Dividend Income After Provision for Loan Losses	11,015	10,010	27,285	31,121
Noninterest Income (Loss)	2,739	2,198	7,459	7,591
Noninterest Expense	8,827	9,773	25,893	32,890
Undistributed Net Income (Loss) of Subsidiary	0	0	0	0
Income Before Income Tax Expense	4,927	2,435	8,851	5,822
Income Tax Expense (Benefit)	998	452	1,757	1,217
Net Income	3,929	1,983	7,094	4,605
Operating Segments | CB Financial Services, Inc.
Segment Reporting Information [Line Items]
Undistributed Net Income (Loss) of Subsidiary	2,807	654	3,762
Operating Segments | Community Bank
Segment Reporting Information [Line Items]
Assets	1,425,905		1,425,905			1,425,588
Liabilities	1,321,603		1,321,603			1,299,325
Stockholders' Equity	104,302		104,302			126,263
Interest and Dividend Income	12,267	10,768	33,802	32,536
Interest Expense	1,117	776	2,325	2,673
NET INTEREST AND DIVIDEND INCOME	11,150	9,992	31,477	29,863
Provision (Recovery)	0	0	3,784	(1,200)
Net Interest and Dividend Income After Provision for Loan Losses	11,150	9,992	27,693	31,063
Noninterest Income (Loss)	1,343	975	3,023	3,319
Noninterest Expense	7,741	8,750	22,806	29,898
Undistributed Net Income (Loss) of Subsidiary	230	124	1,064	710
Income Before Income Tax Expense	4,982	2,341	8,974	5,194
Income Tax Expense (Benefit)	948	393	1,488	888
Net Income	4,034	1,948	7,486	4,306
Operating Segments | Insurance Brokerage Services Segment | Exchange Underwriters, Inc.
Segment Reporting Information [Line Items]
Assets	5,173		5,173			5,110
Liabilities	1,835		1,835			1,731
Stockholders' Equity	3,338		3,338			3,379
Interest and Dividend Income	1	1	4	4
Interest Expense	0	0	0	0
NET INTEREST AND DIVIDEND INCOME	1	1	4	4
Provision (Recovery)	0	0	0	0
Net Interest and Dividend Income After Provision for Loan Losses	1	1	4	4
Noninterest Income (Loss)	1,406	1,195	4,572	3,995
Noninterest Expense	1,082	1,020	3,074	2,983
Undistributed Net Income (Loss) of Subsidiary	0	0	0	0
Income Before Income Tax Expense	325	176	1,502	1,016
Income Tax Expense (Benefit)	95	52	438	306
Net Income	230	124	1,064	710
Operating Segments | Insurance Brokerage Services Segment | CB Financial Services, Inc.
Segment Reporting Information [Line Items]
Assets	121,522		121,522			147,829
Liabilities	14,815		14,815			14,705
Stockholders' Equity	106,707		106,707			133,124
Interest and Dividend Income	1,246	1,311	3,779	8,456
Interest Expense	155	0	467	0
NET INTEREST AND DIVIDEND INCOME	1,091	1,311	3,312	8,456
Provision (Recovery)	0	0	0	0
Net Interest and Dividend Income After Provision for Loan Losses	1,091	1,311	3,312	8,456
Noninterest Income (Loss)	(10)	28	(136)	277
Noninterest Expense	4	3	13	9
Undistributed Net Income (Loss) of Subsidiary				(4,096)
Income Before Income Tax Expense	3,884	1,990	6,925	4,628
Income Tax Expense (Benefit)	(45)	7	(169)	23
Net Income	3,929	1,983	7,094	4,605
Net Eliminations
Segment Reporting Information [Line Items]
Assets	(126,680)		(126,680)			(153,048)
Liabilities	(19,039)		(19,039)			(23,406)
Stockholders' Equity	(107,641)		(107,641)			$ (129,642)
Interest and Dividend Income	(1,227)	(1,294)	(3,724)	(8,402)
Interest Expense	0	0	0	0
NET INTEREST AND DIVIDEND INCOME	(1,227)	(1,294)	(3,724)	(8,402)
Provision (Recovery)	0	0	0	0
Net Interest and Dividend Income After Provision for Loan Losses	(1,227)	(1,294)	(3,724)	(8,402)
Noninterest Income (Loss)	0	0	0	0
Noninterest Expense	0	0	0	0
Undistributed Net Income (Loss) of Subsidiary	(3,037)	(778)	(4,826)	3,386
Income Before Income Tax Expense	(4,264)	(2,072)	(8,550)	(5,016)
Income Tax Expense (Benefit)	0	0	0	0
Net Income	$ (4,264)	$ (2,072)	$ (8,550)	$ (5,016)

Stock Based Compensation - Stoc

Stock Based Compensation - Stock Option Activity (Details) - $ / shares	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Number of Shares
Beginning balance (in shares)	207,641
Granted (in shares)	89,465
Exercised (in shares)	(12,500)
Forfeited (in shares)	(12,858)
Ending balance (in shares)	271,748	207,641
Exercisable (in shares)	177,683
Weighted Average Exercise Price
Beginning balance (in dollars per share)	$ 24.01
Granted (in dollars per share)	25.79
Exercised (in dollars per share)	22.25
Forfeited (in dollars per share)	26.43
Ending balance (in dollars per share)	24.56	$ 24.01
Exercisable (in dollars per share)	$ 24.32
Weighted Average Remaining Contractual Life in Years
Outstanding	5 years 4 months 24 days	4 years 9 months 18 days
Exercisable	3 years 7 months 6 days

Stock Based Compensation - Nonv

Stock Based Compensation - Nonvested Stock Option Activity (Details)	9 Months Ended
	Sep. 30, 2022 $ / shares shares
Number of Shares
Nonvested (in shares) | shares	94,065
Weighted Average Exercise Price
Nonvested (in dollars per share) | $ / shares	$ 25.02
Weighted Average Remaining Contractual Life in Years
Nonvested (in years)	9 years

Stock Based Compensation - Summ

Stock Based Compensation - Summary of Significant Assumptions for Newly Issued Stock Options (Details) - Stock Options	9 Months Ended
	Sep. 30, 2022 USD ($) $ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected Term in Years	6 years 6 months
Expected Volatility	28.70%
Expected Dividends | $	$ 0.96
Risk Free Rate of Return	1.60%
Weighted Average Grant Date Fair Value (per share) | $ / shares	$ 4.86

Share Based Compensation - Rest

Share Based Compensation - Restricted Stock Award Activity (Details) - Restricted Stock - $ / shares	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Number of Shares
Beginning balance (in shares)	56,140
Granted (in shares)	21,765
Vested (in shares)	(1,120)
Forfeited (in shares)	(3,715)
Ending balance (in shares)	73,070	56,140
Weighted Average Grant Date Fair Value Price
Beginning balance (in dollars per share)	$ 23.90
Granted (in dollars per share)	26.07
Vested (in dollars per share)	19.14
Forfeited (in dollars per share)	24.01
Ending balance (in dollars per share)	$ 24.61	$ 23.90
Weighted Average Remaining Contractual Life in Years
Nonvested	4 years 2 months 12 days	5 years 3 months 18 days

Stock Based Compensation - Addi

Stock Based Compensation - Additional Information (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, nonvested award, option, cost not yet recognized, amount	$ 386,945		$ 386,945		$ 65,000
Share-based Payment arrangement, nonvested award, excluding option, cost not yet recognized, amount	1,400,000		1,400,000		1,300,000
Share-based compensation arrangement by share-based payment award, options, outstanding, intrinsic value	32,280		$ 32,280		$ 296,000
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)			5 years
Stock-based compensation expense	$ 145,000	$ 169,000	$ 424,000	$ 415,000
Number of shares authorized (in shares)	362,175		362,175		500,000
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)			5 years
Stock-based compensation expense	$ 145,000	$ 169,000	$ 424,000	$ 415,000
Number of shares authorized (in shares)	144,870		144,870		200,000
Reduction of shares over threshold (in shares)	2.5		2.5