Rhinebeck Bancorp (RBKB) 10-Q 11 May 23 2023 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2023	May 01, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2023
Document Transition Report	false
Entity File Number	001-38779
Entity Registrant Name	Rhinebeck Bancorp, Inc.
Entity Incorporation, State or Country Code	MD
Entity Tax Identification Number	83-2117268
Entity Address, Address Line One	2 Jefferson Plaza
Entity Address, City or Town	Poughkeepsie
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	12601
City Area Code	845
Local Phone Number	454-8555
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	RBKB
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	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		11,284,231
Entity Central Index Key	0001751783
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Amendment Flag	false

Consolidated Statements of Fina

Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Assets
Cash and due from banks	$ 15,242	$ 13,294
Federal funds sold	9,692	14,569
Interest bearing depository accounts	11,209	3,521
Total cash and cash equivalents	36,143	31,384
Available for sale securities (at fair value)		223,659
Available for sale securities (at fair value)	222,172
Loans receivable (net of allowance for credit losses of $9,103 and $7,943, respectively)		994,368
Loans receivable (net of allowance for credit losses of $9,103 and $7,943, respectively)	1,004,762
Federal Home Loan Bank stock	5,450	3,258
Accrued interest receivable	2,999	4,255
Cash surrender value of life insurance	29,955	29,794
Deferred tax assets (net of valuation allowance of $547 and $450, respectively)	9,879	10,131
Premises and equipment, net	18,417	18,722
Goodwill	2,235	2,235
Intangible assets, net	310	334
Other assets	19,064	17,837
Total assets	1,351,386	1,335,977
Deposits
Non-interest bearing	269,743	283,563
Interest bearing	823,781	846,370
Total deposits	1,093,524	1,129,933
Mortgagors' escrow accounts	8,670	9,732
Advances from the Federal Home Loan Bank	106,450	57,723
Subordinated debt	5,155	5,155
Accrued expenses and other liabilities	26,870	25,302
Total liabilities	1,240,669	1,227,845
Stockholders' Equity
Preferred stock (par value $0.01 per share; 5,000,000 authorized, no shares issued)
Common stock (par value $0.01; authorized 25,000,000; issued and outstanding 11,284,231 and 11,284,565 at March 31, 2023 and December 31, 2022, respectively)	113	113
Additional paid-in capital	47,220	47,075
Unearned common stock held by the employee stock ownership plan	(3,437)	(3,491)
Retained earnings	96,789	96,624
Accumulated other comprehensive loss:
Net unrealized loss on available for sale securities, net of taxes	(25,971)	(28,192)
Defined benefit pension plan, net of taxes	(3,997)	(3,997)
Total accumulated other comprehensive loss	(29,968)	(32,189)
Total stockholders' equity	110,717	108,132
Total liabilities and stockholders' equity	$ 1,351,386	$ 1,335,977

Consolidated Statements of Fi_2

Consolidated Statements of Financial Condition (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Consolidated Statements of Financial Condition
Allowance for loan losses		$ 7,943
Allowance for credit losses	$ 9,103	7,943
Deferred tax valuation allowance	$ 547	$ 450
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, share authorized	5,000,000	5,000,000
Preferred Stock, shares issued	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common Stock, shares authorized	25,000,000	25,000,000
Common Stock, shares issued	11,284,231	11,284,565
Common stock, shares outstanding	11,284,231	11,284,565

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Interest and Dividend Income
Interest and fees on loans	$ 13,395	$ 10,081
Interest and dividends on securities	1,018	874
Other income	189	19
Total interest and dividend income	14,602	10,974
Interest Expense
Interest expense on deposits	3,970	745
Interest expense on borrowings	768	115
Total interest expense	4,738	860
Net interest income	9,864	10,114
Provision for credit losses		221
Provision for credit losses	1,014
Net interest income after provision for credit losses	8,850	9,893
Non-interest Income
Service charges on deposit accounts	708	706
Net gain on sales of loans	10	400
Increase in cash surrender value of life insurance	160	157
Gain on disposal of premises and equipment	17
Investment advisory income	309	340
Other	172	108
Total non-interest income	1,376	1,711
Non-interest Expense
Salaries and employee benefits	5,240	5,519
Occupancy	1,079	1,098
Data processing	472	486
Professional fees	366	394
Marketing	104	117
FDIC deposit insurance and other insurance	282	182
Amortization of intangible assets	24	27
Other	1,636	1,282
Total non-interest expense	9,203	9,105
Income before income taxes	1,023	2,499
Provision for income taxes	225	446
Net income	$ 798	$ 2,053
Earnings per common share:
Basic (in dollars per share)	$ 0.07	$ 0.19
Diluted (in dollars per share)	$ 0.07	$ 0.19
Weighted average shares outstanding, basic	10,881,885	10,815,348
Weighted average shares outstanding, diluted	11,021,395	11,009,312

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2023	Mar. 31, 2022
Consolidated Statements of Comprehensive Income (Loss)
Net Income		$ 798	$ 2,053
Other Comprehensive Income (Loss):
Unrealized holding gains (losses) arising during the period		2,811	(13,847)
Net unrealized gains (losses) on available for sale securities		2,811	(13,847)
Tax effect	[1]	(590)	2,908
Unrealized gains (losses) on available for sale securities, net of tax		2,221	(10,939)
Defined benefit pension plan:
Reclassification adjustment for amortization of net actuarial loss	[2]
Tax effect	[3]
Other comprehensive income (loss):		2,221	(10,939)
Total Comprehensive Income (Loss)		$ 3,019	$ (8,886)
[1] Includes $0 for both the three months ended March 31, 2023 and 2022, for tax effect of realized gains or losses which are included in the provision for income taxes on the consolidated statements of income. Included in other non-interest expense on the consolidated statements of income. Includes $0 for both the three months ended March 31, 2023 and 2022, respectively, for tax effect of amortization of net actuarial loss, which are included in the provision for income taxes on the consolidated statements of income.

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parentheticals) - Related income tax expense - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Tax effect of realized gains or losses	$ 0	$ 0
Tax effect of amortization of net actuarial loss	$ 0	$ 0

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Common Stock Cumulative Effect, Period of Adoption, Adjusted Balance [Member]	Common Stock	Additional Paid-in Capital Cumulative Effect, Period of Adoption, Adjusted Balance [Member]	Additional Paid-in Capital	Unearned Common Stock held by the ESOP Cumulative Effect, Period of Adoption, Adjusted Balance [Member]	Unearned Common Stock held by the ESOP	Retained Earnings Cumulative effect of change in accounting principle	Retained Earnings Cumulative Effect, Period of Adoption, Adjusted Balance [Member]	Retained Earnings	Accumulated Other Comprehensive Loss Cumulative Effect, Period of Adoption, Adjusted Balance [Member]	Accumulated Other Comprehensive Loss	Cumulative effect of change in accounting principle	Cumulative Effect, Period of Adoption, Adjusted Balance [Member]	Total
Balance at Dec. 31, 2021		$ 113		$ 46,573		$ (3,709)			$ 89,627		$ (6,635)			$ 125,969
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income									2,053					2,053
Other comprehensive income (loss)											(10,939)			(10,939)
ESOP shares committed to be allocated				4		54								58
Share-based compensation expense				152										152
Balance at Mar. 31, 2022		113		46,729		(3,655)			91,680		(17,574)			117,293
Balance at Dec. 31, 2022	$ 113	113	$ 47,075	47,075	$ (3,491)	(3,491)	$ (633)	$ 95,991	96,624	$ (32,189)	(32,189)	$ (633)	$ 107,499	108,132
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income									798					798
Other comprehensive income (loss)											2,221			2,221
ESOP shares committed to be allocated				(5)		54								49
Share-based compensation expense				150										150
Balance at Mar. 31, 2023		$ 113		$ 47,220		$ (3,437)			$ 96,789		$ (29,968)			$ 110,717

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Cash Flows from Operating Activities
Net income	$ 798	$ 2,053
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization and accretion of premiums and discounts on investments, net	72	79
Provision for credit losses		221
Provision for credit losses	1,014
Loans originated for sale	(1,510)	(8,197)
Proceeds from sale of loans	1,079	11,350
Net gain on sale of loans	(10)	(400)
Amortization of intangible assets	24	27	$ 99
Depreciation and amortization	358	380
Gain from disposal of premises and equipment	(17)
Deferred income tax benefit	(338)	(42)
Increase in cash surrender value of insurance	(160)	(157)
Net decrease in accrued interest receivable	1,256	110
Expense of earned ESOP shares	49	58
Share-based compensation expense	150	152
Net (increase) decrease in other assets	(1,227)	7
Net increase in accrued expenses and other liabilities	1,568	1,859
Net cash provided by operating activities	3,106	7,500
Cash Flows from Investing Activities
Proceeds from maturities and principal repayments of securities	4,226	16,536
Purchases of securities		(27,216)
Net (purchases) redemptions of FHLB Stock	(2,192)	95
Net increase in loans	(11,601)	(8,197)
Purchases of bank premises and equipment	(63)	(579)
Proceeds from disposal of premises and equipment	27
Net cash used in investing activities	(9,603)	(19,361)
Cash Flows from Financing Activities
Net (decrease) increase in demand deposits, NOW, money market and savings accounts	(104,127)	25,019
Net increase (decrease) in time deposits	67,718	(14,398)
Decrease in mortgagors' escrow accounts	(1,062)	(1,373)
Net increase (decrease) in short-term debt	28,727	(840)
Net increase (decrease) in long-term debt	20,000	(1,273)
Net cash provided by financing activities	11,256	7,135
Net increase (decrease) in cash and cash equivalents	4,759	(4,726)
Cash and Cash Equivalents
Beginning balance	31,384	72,091	72,091
Ending balance	36,143	67,365	$ 31,384
Supplemental Disclosures of Cash Flow Information
Interest	4,465	872
Income taxes	$ 106	$ 14

Nature of Business and Signific

Nature of Business and Significant Accounting Policies	3 Months Ended
	Mar. 31, 2023
Nature of Business and Significant Accounting Policies
Nature of Business and Significant Accounting Policies	1. Nature of Business and Significant Accounting Policies The financial statements include the accounts of Rhinebeck Bancorp, Inc. (the “Company”), a stock holding company, and its wholly-owned subsidiary, Rhinebeck Bank (the “Bank”), a New York chartered stock savings bank. The primary purpose of the Company is to act as a holding company for the Bank. The Bank provides a full range of banking and financial services to consumer and commercial customers through its fourteen branches and two representative offices located in Dutchess, Ulster, Orange, and Albany counties. Financial services, including investment advisory and financial product sales, are offered through a division of the Bank doing business as Rhinebeck Asset Management. The unaudited consolidated financial statements reflect all adjustments, which in the opinion of management are necessary for a fair presentation of the results of the interim periods and are of a normal and recurring nature. Operating results for the three months ended March 31, 2023 are not necessarily indicative of the results that may be expected for the year ending December 31, 2023 or for any other period. The unaudited financial statements and other financial information contained in this Quarterly Report on Form 10-Q should be read in conjunction with the audited financial statements, and related notes, of Rhinebeck Bancorp, Inc. at and for the year ended December 31, 2022 contained in the Company’s Annual Report on Form 10-K, For more information regarding the Company’s significant accounting policies, see the Notes to the Consolidated Financial Statements in the Company’s Annual Report on Form 10-K Annual Report on Form 10-K Basis of Financial Statements Presentation The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and general practices within the banking industry. In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities, as of the date of the consolidated statements of financial condition and reported amounts of revenues and expenses for the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for credit losses, the evaluation of goodwill for impairment and the valuation of deferred tax assets. Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary. All significant intercompany accounts and transactions have been eliminated in consolidation. Reclassifications Certain amounts in the prior year consolidated financial statements have been reclassified to conform to the current year’s presentation. Impact of Recent Accounting Pronouncements Adoption of New Accounting Standards in 2023 Effective January 1, 2023, the Company adopted Accounting Standards Update (“ASU”) 2016-13 “ASU 2016-13 Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments”, which replaced the prior incurred loss methodology with an expected loss methodology that is referred to as the current expected credit loss (“CECL” or the “CECL Standard”). The measurement of expected credit losses under the CECL Standard is applicable to financial assets measured at amortized cost, including portfolio loans and investment securities classified as held-to-maturity. It also applies to off-balance sheet credit exposures including loan commitments, standby letters of credit, financial guarantees and other similar instruments. In addition, the CECL Standard changes the accounting for investment securities classified as available for sale ("AFS"), including a requirement that estimated credit losses on AFS securities be presented as an allowance rather than as a direct write-down of the carrying balance of securities which we do not intend to sell, or believe that it is more likely than not, that we will be required to sell. The Company adopted the CECL Standard using the modified retrospective method for all financial assets measured at amortized cost and off-balance sheet credit exposures. Results for reporting periods beginning after January 1, 2023 are presented under the CECL Standard while prior period amounts continue to be reported in accordance with previously applicable accounting guidance. The adoption of the CECL Standard resulted in the following adjustments to our financial statements as of January 1, 2023: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Change in Consolidated ​ ​ ​ ​ Change to Retained Earnings ​ ​ Statement of Condition ​ Tax Effect ​ from Adoption of CECL Allowance for credit losses (loans) ​ $ 580 ​ $ 122 ​ $ 458 ACL (unfunded credit commitments) ​ ​ 221 ​ ​ 46 ​ ​ 175 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total impact of CECL adoption ​ $ 801 ​ $ 168 ​ $ 633 ​ Effective January 1, 2023, the Company adopted ASU 2022-02, “Financial Instruments – Credit Losses (Topic 326), Troubled Debt Restructurings and Vintage Disclosures” (“ASU 2022-02”). ASU 2022-02 eliminates the accounting guidance for troubled debt restructurings (“TDRs”) in ASC 310-40, “Receivables - Troubled Debt Restructurings by Creditors” for entities that have adopted the current expected credit loss (“CECL”) model introduced by ASU 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” (ASU 2016-13”). ASU 2022-02 also requires that public business entities disclose current-period gross charge-offs by year of origination for financing receivables and net investments in leases within the scope of Subtopic 326-20, “Financial Instruments—Credit Losses—Measured at Amortized Cost”. The Company adopted ASU 2022-02 on January 1, 2023. The adoption of ASU 2022-02 did not have a material effect on the Company’s consolidated financial statements. ​ Emerging Growth Company Status ​ As an emerging growth company, the Company may delay adoption of new or revised financial accounting standards until such date that the standards are required to be adopted by non-issuer companies. If such standards would not apply to non-issuer companies, no deferral would be applicable. The Company is taking advantage of the benefits of the extended transition periods allowed under the Jumpstart Our Business Startups Act. Accordingly, the Company’s consolidated financial statements may not be comparable to those of public companies that adopt new or revised financial accounting standards as of an earlier date. The effective dates of the recent accounting standards reflect those that relate to non-issuer companies.

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2023
Investment Securities
Investment Securities	2. Investment Securities The amortized cost, gross unrealized gains and losses and fair values of available for sale securities are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ ​ ​ Gross ​ Gross ​ ​ ​ ​ ​ ​ Unrealized ​ Unrealized ​ ​ ​ Amortized Cost Gains Losses Fair Value U.S. Treasury securities ​ $ 40,148 ​ $ — ​ $ (1,839) ​ $ 38,309 U.S. government agency mortgage-backed securities–residential ​ ​ 169,662 ​ ​ — ​ ​ (27,133) ​ ​ 142,529 U.S. government agency securities ​ 24,783 ​ — ​ (2,010) ​ 22,773 Municipal securities (1) ​ 5,110 ​ — ​ (271) ​ 4,839 Corporate bonds ​ 14,700 ​ — ​ (1,793) ​ 12,907 Other ​ 643 ​ 172 ​ — ​ 815 Total ​ $ 255,046 ​ $ 172 ​ $ (33,046) ​ $ 222,172 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ ​ ​ Gross ​ Gross ​ ​ ​ ​ ​ ​ Unrealized ​ Unrealized ​ ​ ​ Amortized Cost Gains Losses Fair Value U.S. Treasury securities ​ $ 40,172 ​ $ — ​ $ (2,315) ​ $ 37,857 U.S. government agency mortgage-backed securities–residential ​ ​ 173,926 ​ ​ — ​ ​ (29,392) ​ ​ 144,534 U.S. government agency securities ​ ​ 24,785 ​ — ​ (2,336) ​ 22,449 Municipal securities (1) ​ 5,117 ​ — ​ (331) ​ 4,786 Corporate bonds ​ ​ 14,700 ​ — ​ (1,483) ​ 13,217 Other ​ ​ 644 ​ 172 ​ — ​ 816 Total ​ $ 259,344 ​ $ 172 ​ $ (35,857) ​ $ 223,659 (1) The issuers of municipal securities are all within New York State. The following tables present the fair value and unrealized losses of the Company’s available for sale securities with gross unrealized losses aggregated by the length of time the individual securities have been in a continuous unrealized loss position: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ Less Than 12 Months ​ 12 Months or Longer ​ Total ​ ​ ​ ​ Unrealized ​ ​ ​ Unrealized ​ ​ ​ Unrealized ​ Fair Value Losses Fair Value Losses Fair Value Losses U.S. Treasury securities ​ $ — ​ $ — ​ $ 38,309 ​ $ (1,839) ​ $ 38,309 ​ $ (1,839) U.S. government agency mortgage-backed securities-residential ​ ​ 503 ​ ​ (28) ​ ​ 142,026 ​ ​ (27,105) ​ ​ 142,529 ​ ​ (27,133) U.S. government agency securities ​ ​ — ​ ​ — ​ ​ 22,773 ​ ​ (2,010) ​ ​ 22,773 ​ ​ (2,010) Municipal securities ​ ​ 1,529 ​ ​ (1) ​ ​ 3,180 ​ ​ (270) ​ ​ 4,709 ​ ​ (271) Corporate bonds ​ ​ 3,693 ​ ​ (557) ​ ​ 9,214 ​ ​ (1,236) ​ ​ 12,907 ​ ​ (1,793) Total ​ $ 5,725 ​ $ (586) ​ $ 215,502 ​ $ (32,460) ​ $ 221,227 ​ $ (33,046) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ Less Than 12 Months ​ 12 Months or Longer ​ Total ​ ​ ​ ​ Unrealized ​ ​ ​ Unrealized ​ ​ ​ Unrealized ​ Fair Value Losses Fair Value Losses Fair Value Losses U.S. Treasury securities ​ $ — ​ $ — ​ $ 37,857 ​ $ (2,315) ​ $ 37,857 ​ $ (2,315) U.S. government agency mortgage-backed securities-residential ​ ​ 23,384 ​ ​ (2,711) ​ ​ 121,151 ​ ​ (26,681) ​ ​ 144,535 ​ ​ (29,392) U.S. government agency securities ​ ​ 9,160 ​ ​ (869) ​ ​ 13,289 ​ ​ (1,467) ​ ​ 22,449 ​ ​ (2,336) Municipal securities ​ ​ 1,529 ​ ​ (4) ​ ​ 3,127 ​ ​ (327) ​ ​ 4,656 ​ ​ (331) Corporate bonds ​ ​ 6,873 ​ ​ (627) ​ ​ 5,844 ​ ​ (856) ​ ​ 12,717 ​ ​ (1,483) Total ​ $ 40,946 ​ $ (4,211) ​ $ 181,268 ​ $ (31,646) ​ $ 222,214 ​ $ (35,857) ​ At March 31, 2023, the Company had 241 individual available-for-sale securities in an unrealized loss position with unrealized losses totaling $33,046 with an aggregate depreciation of 12.99% from the Company’s amortized cost. ​ On January 1, 2023, the Company adopted ASU 2016-13 and implemented the CECL methodology for allowance for credit losses on its investment securities available-for-sale. The new CECL methodology replaces the other-than-temporary impairment model that previously existed. The Company did not have a CECL day 1 impact attributable to its investment securities portfolio and did not have an allowance for credit losses on its investment securities available for sale as of March 31, 2023. The Company evaluates securities in an unrealized loss position for impairment related to credit losses on at least a quarterly basis. Securities in unrealized loss positions are first assessed as to whether we intend to sell, or if it is more likely than not that we will be required to sell the security before recovery of its amortized cost basis. If one of the criteria is met, the security’s amortized cost basis is written down to fair value through current earnings. For securities that do not meet these criteria, the Company evaluates whether the decline in fair value resulted from credit losses or other factors. If this assessment indicates that a credit loss exists, we compare the present value of cash flows expected to be collected from the security with the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis for the security, a credit loss exists and an allowance for credit losses is recorded, limited to the amount that the fair value of the security is less than its amortized cost basis. Unrealized losses on asset backed securities, state and municipal securities, and corporate bonds have not been recognized into income because the issuers are of high credit quality, we do not intend to sell and it is likely that we will not be required to sell the securities prior to their anticipated recovery. The decline in fair value is largely due to changes in interest rates and other market conditions. The issuers continue to make timely principal and interest payments on the securities. Any impairment that has not been recorded through an allowance for credit losses is recognized in other comprehensive income, net of applicable taxes. No allowance for credit losses for available-for-sale securities was recorded as of March 31, 2023. Federal agency obligations, residential mortgage backed pass-through securities and commercial mortgage back pass-through securities are issued by U.S. Government agencies and U.S. Government sponsored enterprises. Although a government guarantee exists on these investments, these entities are not legally backed by the full faith and credit of the federal government. Nonetheless, at this time we do not foresee any set of circumstances in which the government would not fund its commitments on these investments. ​ The amortized cost and fair value of available for sale debt securities at March 31, 2023 and December 31, 2022, by contractual maturities, are presented below. Actual maturities of mortgage-backed securities may differ from contractual maturities because the mortgages underlying the securities may be called or repaid without any penalties. Because mortgage-backed securities are not due at a single maturity date, they are not included in the maturity categories in the following maturity summary: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ December 31, 2022 ​ Amortized Cost Fair Value Amortized Cost Fair Value Maturity: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Within 1 year ​ $ 33,461 ​ $ 32,484 ​ $ 16,923 ​ $ 16,512 After 1 but within 5 years ​ 49,150 ​ 44,497 ​ 46,162 ​ 42,225 After 5 but within 10 years ​ 2,130 ​ 1,847 ​ 21,689 ​ 19,572 After 10 years ​ — ​ — ​ — ​ — Total Maturities ​ 84,741 ​ 78,828 ​ 84,774 ​ 78,309 Mortgage-backed securities ​ 169,662 ​ 142,529 ​ 173,926 ​ 144,534 Other ​ 643 ​ 815 ​ 644 ​ 816 Total ​ $ 255,046 ​ $ 222,172 ​ $ 259,344 ​ $ 223,659 ​ At March 31, 2023 and December 31, 2022, available for sale securities with a carrying value of $15,027 and $15,407, respectively, were pledged to secure Federal Home Loan Bank of New York (“FHLB”) borrowings. In addition, at March 31, 2023 and December 31, 2022, $85,022 and $958 of available for sale securities were pledged to secure borrowings at the Federal Reserve Bank of New York (“FRB”), respectively. During the three months ended March 31, 2023 and 2022, there were no sales of available for sale securities and no realized gains or losses.

Loans and Allowance for Credit

Loans and Allowance for Credit Losses	3 Months Ended
	Mar. 31, 2023
Loans and Allowance for Credit Losses
Loans and Allowance for Credit Losses	3. Loans and Allowance for Credit Losses As of and prior to December 31, 2022, loans receivable was accounted for under the incurred loss model. As of January 1, 2023, portfolio loans are accounted for under the expected loss model. Accordingly, some of the information presented is not comparable from period to period. A summary of the Company’s loan portfolio is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, ​ ​ 2023 2022 ​ Commercial real estate loans: ​ ​ Construction ​ $ 26,243 ​ $ 20,329 ​ Non-residential ​ 298,600 ​ 282,422 ​ Multi-family ​ 71,520 ​ 67,777 ​ Residential real estate loans ​ 56,948 ​ 53,720 ​ Commercial and industrial loans (1) ​ 84,403 ​ 87,982 ​ Consumer loans: ​ ​ ​ Indirect automobile ​ 443,962 ​ 457,223 ​ Home equity ​ 11,531 ​ 11,507 ​ Other consumer ​ 9,285 ​ 9,479 ​ Total gross loans ​ 1,002,492 ​ 990,439 ​ Net deferred loan costs ​ 11,373 ​ 11,872 ​ Allowance for credit losses ​ (9,103) ​ (7,943) ​ Total net loans ​ $ 1,004,762 ​ $ 994,368 ​ (1) Includes $478 and $537 in U.S. Small Business Administration (“SBA”), paycheck protection program (“PPP”) loans at March 31, 2023 and December 31, 2022, respectively. At March 31, 2023 and December 31, 2022, the unpaid principal balances of loans held for sale included in the residential real estate category above were $688 and $247, respectively. The following tables present the classes of the loan portfolio summarized by the aging categories of performing loans and non-accrual loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ Greater Than ​ ​ ​ ​ ​ ​ ​ ​ 30-59 Days ​ 60-89 Days ​ 90 Days Past ​ Total Loans ​ ​ ​ Current Past Due Past Due Due Receivable Non-accrual Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 26,243 ​ $ — ​ $ — ​ $ — ​ $ 26,243 ​ $ — Non-residential ​ ​ 294,711 ​ ​ 1,826 ​ ​ 715 ​ ​ 1,348 ​ ​ 298,600 ​ ​ 1,817 Multifamily ​ ​ 70,791 ​ ​ 729 ​ ​ — ​ ​ — ​ ​ 71,520 ​ ​ — Residential real estate ​ 55,798 ​ 95 ​ 290 ​ 765 ​ 56,948 ​ 1,946 Commercial and industrial ​ 83,957 ​ 271 ​ — ​ 175 ​ 84,403 ​ 1,150 Consumer: ​ ​ ​ ​ ​ ​ ​ ​ Indirect automobile ​ 435,207 ​ 7,344 ​ ​ 1,031 ​ 380 ​ 443,962 ​ 434 Home equity ​ 11,188 ​ 167 ​ ​ — ​ 176 ​ 11,531 ​ 176 Other consumer ​ 9,130 ​ 92 ​ 15 ​ 48 ​ 9,285 ​ 48 Total ​ $ 987,025 ​ $ 10,524 ​ $ 2,051 ​ $ 2,892 ​ $ 1,002,492 ​ $ 5,571 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ Greater Than ​ ​ ​ ​ ​ ​ ​ ​ 30-59 Days ​ 60-89 Days ​ 90 Days Past ​ Total Loans ​ ​ ​ Current Past Due Past Due Due Receivable Non-accrual Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 20,329 ​ $ — ​ $ — ​ $ — ​ $ 20,329 ​ $ — Non-residential ​ ​ 275,860 ​ ​ 4,701 ​ ​ 479 ​ ​ 1,382 ​ ​ 282,422 ​ ​ 1,382 Multifamily ​ ​ 67,413 ​ ​ 364 ​ ​ — ​ ​ — ​ ​ 67,777 ​ ​ — Residential real estate ​ 51,476 ​ 1,417 ​ 246 ​ 581 ​ 53,720 ​ 1,794 Commercial and industrial ​ 87,742 ​ 57 ​ — ​ 183 ​ 87,982 ​ 183 Consumer: ​ ​ ​ ​ ​ ​ ​ ​ Indirect automobile ​ 444,418 ​ 10,714 ​ ​ 1,389 ​ 702 ​ 457,223 ​ 797 Home equity ​ 11,279 ​ 51 ​ ​ 58 ​ 119 ​ 11,507 ​ 217 Other consumer ​ 9,208 ​ 149 ​ 71 ​ 51 ​ 9,479 ​ 51 Total ​ $ 967,725 ​ $ 17,453 ​ $ 2,243 ​ $ 3,018 ​ $ 990,439 ​ $ 4,424 ​ Effective January 1, 2023, the Company has modified its accounting policy for the ACL on loans as described below. The ACL on loans is management’s estimate of expected credit losses over the expected life of the loans at the reporting date. The ACL on loans is increased through a provision for credit losses recognized in the Consolidated Statements of Income and by recoveries of amounts previously charged off. The ACL on loans is reduced by charge-offs on loans. Loan charge-offs are recognized when management believes the collectability of the principal balance outstanding is unlikely. Full or partial charge-offs on individually analyzed loans are generally recognized when the collateral or future cash flows are deemed to be insufficient to support the carrying value of the loan. The level of the ACL on loans is based on management’s ongoing review of all relevant information, from internal and external sources, relating to past events, current conditions and reasonable and supportable forecasts. Historical credit loss experience provides the basis for the calculation of loss given default and the estimation of expected credit losses. As discussed further below, adjustments to historical information are made for differences in specific risk characteristics, such as differences in underwriting standards, portfolio mix, delinquency levels, or terms, as well as for changes in environmental conditions, that may not be reflected in historical loss rates. Management employs a process and methodology to estimate the ACL on loans that evaluate both quantitative and qualitative factors. The methodology for evaluating quantitative factors consists of two basic components. The first component involves pooling loans into portfolio segments for loans that share similar risk characteristics. Pooled loan portfolio segments include commercial construction, commercial real estate, commercial and industrial, residential real estate (including homeowner construction), home equity, indirect automobile and other consumer loans. The second component involves individually analyzed loans that do not share similar risk characteristics with loans that are pooled into portfolio segments or are determined for foreclosure. For loans that are individually analyzed, the ACL is measured using a discounted cash flow (“DCF”) methodology based upon the loan’s contractual effective interest rate, or at the loan’s observable market price, or, if the loan is collateral-dependent, at the fair value of the collateral. Factors management considers when measuring the extent of expected credit loss include payment status, collateral value, borrower financial condition, guarantor support and the probability of collecting scheduled principal and interest payments when due. For collateral-dependent loans for which repayment is to be provided substantially through the sale of the collateral, management adjusts the fair value for estimated costs to sell. Management may also adjust appraised values to reflect estimated market value declines or apply other discounts to appraised values for unobservable factors resulting from its knowledge of circumstances associated with the collateral. ​ For pooled loans, the Company utilizes a DCF methodology to estimate credit losses over the expected life of the loans. The life of the loan excludes expected extensions, renewals and modifications. Management utilizes the national unemployment rate as an econometric factor with a one-year forecast period and one-year straight-line reversion period to the historical mean of its macroeconomic assumption in order to estimate the probability of default for each loan portfolio segment. The DCF methodology combines the probability of default, the loss given default, maturity date and prepayment speeds to estimate a reserve for each loan. The sum of all the loan level reserves are aggregated for each portfolio segment and a loss rate factor is derived. ​ Because the methodology is based upon historical experience and trends, current economic data, reasonable and supportable forecasts, as well as management’s judgment, factors may arise that result in different estimations. Deteriorating conditions or assumptions could lead to further increases in the ACL on loans. In addition, various regulatory agencies periodically review the ACL on loans. Such agencies may require additions to the allowance based on their judgments about information available to them at the time of their examination. The ACL on loans is an estimate, and ultimate losses may vary from management’s estimate. The following table presents the Company’s amortized cost basis of individually analyzed loans and related ACL at March 31, 2023: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ Individually analyzed loans Related ACL Commercial real estate: ​ ​ Non-residential ​ $ 1,817 ​ $ — Residential real estate ​ ​ 1,946 ​ ​ — Commercial and industrial ​ ​ 1,150 ​ ​ 710 Consumer: ​ ​ ​ Indirect automobile ​ ​ 434 ​ ​ 39 Home equity ​ ​ 274 ​ ​ — Other consumer ​ ​ 48 ​ ​ — Total ​ $ 5,669 ​ $ 749 ​ The Company has one individually analyzed home equity loan of $98 that was accruing interest at March 31, 2023. The following table presents the Company’s amortized cost basis of only those individually analyzed loans with a related ACL at March 31, 2023: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ Individually analyzed loans Related ACL Commercial and industrial ​ $ 975 ​ $ 710 Consumer: ​ ​ ​ Indirect automobile ​ ​ 201 ​ ​ 39 Total ​ $ 1,176 ​ $ 749 ​ Impaired loans disclosures presented below as of December 31, 2022 represent requirements prior to the adoption of CECL on January 1, 2023. The following table summarizes information regarding impaired loans by loan portfolio class: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ Recorded ​ Unpaid Principal ​ Related ​ Average Recorded ​ Investment Balance Allowance Investment With no related allowance recorded: ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ Non-residential ​ $ 1,382 ​ $ 2,472 ​ $ — ​ $ 1,967 Residential real estate ​ 1,794 ​ 2,445 ​ — ​ 1,890 Commercial and industrial ​ 183 ​ 242 ​ — ​ 309 Consumer: ​ ​ ​ ​ ​ ​ Indirect automobile ​ 371 ​ 439 ​ — ​ 336 Home equity ​ 217 ​ 219 ​ — ​ 146 Other consumer ​ 49 ​ 53 ​ — ​ 38 Total ​ $ 3,996 ​ $ 5,870 ​ $ — ​ $ 4,686 With an allowance recorded: ​ ​ ​ ​ Commercial real estate: ​ ​ ​ ​ Commercial and industrial ​ $ — ​ $ — ​ $ — ​ $ 114 Consumer: ​ ​ ​ ​ ​ ​ Indirect automobile ​ ​ 426 ​ ​ 435 ​ ​ 107 ​ ​ 293 Other consumer ​ 2 ​ 2 ​ 2 ​ 11 Total ​ $ 428 ​ $ 437 ​ $ 109 ​ $ 418 Total: ​ ​ ​ ​ Commercial real estate: ​ ​ ​ ​ Non-residential ​ $ 1,382 ​ $ 2,472 ​ $ — ​ $ 1,967 Residential real estate ​ 1,794 ​ 2,445 ​ — ​ 1,890 Commercial and industrial ​ 183 ​ 242 ​ — ​ 423 Consumer: ​ ​ ​ ​ Indirect automobile ​ 797 ​ 874 ​ 107 ​ 629 Home equity ​ 217 ​ 219 ​ — ​ 146 Other consumer ​ 51 ​ 55 ​ 2 ​ 49 Total ​ $ 4,424 ​ $ 6,307 ​ $ 109 ​ $ 5,104 ​ The Company has transferred a portion of its originated commercial real estate loans to participating lenders. The amounts transferred have been accounted for as sales and are therefore not included in the Company’s accompanying statements of financial condition. The Company and participating lenders share ratably in any gains or losses that may result from a loan’s performance under its contractual terms. The Company continues to service the loans on behalf of the participating lenders and, as such, collects cash payments from the borrowers, remits payments to participating lenders and disburses required escrow funds to relevant parties. At March 31, 2023 and December 31, 2022, the Company was servicing loans for participants aggregating $32,513 and $8,466, respectively. Residential mortgage and consumer loans secured by residential real estate properties for which formal foreclosure proceedings are in process totaled $612 and $625 at March 31, 2023 and December 31, 2022, respectively, and are all individually analyzed. As a result of the adoption of ASU 2022-02, “Financial Instruments – Credit Losses (Topic 326), Troubled Debt Restructurings and Vintage Disclosures” on January 1, 2023, the Company had no reportable balances related to TDRs as of and for the three months ended March 31, 2023. The Company services certain loans that it has sold to third parties. The aggregate balances of loans serviced for others were $295,977 and $301,235 as of March 31, 2023 and December 31, 2022, respectively. Included in these loans serviced for others are loans serviced for the Federal Home Loan Mortgage Corporation with a recourse provision whereby the Company is obligated to bear all cost when a default, including foreclosure occurs. At March 31, 2023 and December 31, 2022, the maximum contingent liability associated with loans sold with recourse was $726 and $276, respectively, which is not recorded in the consolidated financial statements. Losses are borne in priority order by the borrower, private mortgage insurance and The balances of capitalized servicing rights, included in other assets at March 31, 2023 and December 31, 2022, were $2,292 and $2,409, respectively. Fair value exceeds carrying value, and thus, no impairment charges related to servicing rights were recognized during the period ended March 31, 2023 or the year ended December 31, 2022. Activity in the Company’s ACL for loans for the three months ended March 31, 2023 is summarized in the table below. The Adoption of the CECL Standard row presents adjustments recorded on January 1, 2023 through retained earnings. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial ​ Residential ​ Commercial ​ ​ ​ ​ ​ ​ ​ Real Estate Real Estate and Industrial Indirect Consumer Totals ​ ​ Three months ended March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 3,031 ​ $ 103 ​ $ 881 ​ $ 3,868 ​ $ 60 ​ $ 7,943 Adoption of CECL standard ​ ​ (860) ​ ​ 54 ​ ​ (383) ​ ​ 1,710 ​ ​ 59 ​ ​ 580 Provision for credit losses ​ ​ 170 ​ ​ 13 ​ ​ 703 ​ ​ 104 ​ ​ 4 ​ ​ 994 Loans charged-off ​ ​ — ​ ​ — ​ ​ — ​ ​ (989) ​ ​ (22) ​ ​ (1,011) Recoveries ​ — ​ — ​ — ​ 585 ​ 12 ​ 597 Ending balance ​ $ 2,341 ​ $ 170 ​ $ 1,201 ​ $ 5,278 ​ $ 113 ​ $ 9,103 Ending balance: ​ ​ ​ ​ ​ ​ Loans individually analyzed ​ $ — ​ $ — ​ $ 710 ​ $ 39 ​ $ — ​ $ 749 Loans collectively analyzed ​ $ 2,341 ​ $ 170 ​ $ 491 ​ $ 5,239 ​ $ 113 ​ $ 8,354 Loan receivables: ​ ​ ​ ​ ​ ​ Ending balance ​ $ 396,363 ​ $ 56,948 ​ $ 84,403 ​ $ 443,962 ​ $ 20,816 ​ $ 1,002,492 Ending balance: ​ ​ ​ ​ ​ ​ ​ Loans individually analyzed ​ $ 1,817 ​ $ 1,946 ​ $ 1,150 ​ $ 434 ​ $ 322 ​ $ 5,669 Loans collectively analyzed ​ $ 394,546 ​ $ 55,002 ​ $ 83,253 ​ $ 443,528 ​ $ 20,494 ​ $ 996,823 ​ ​ Activity in the Company’s allowance for loan losses for the three months ended March 31, 2022 and December 31, 2022 is summarized in the tables below. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial ​ Residential ​ Commercial ​ ​ ​ ​ ​ ​ ​ Real Estate Real Estate and Industrial ​ Indirect ​ Consumer Totals ​ ​ Three months ended March 31, 2022 Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 3,317 ​ $ 54 ​ $ 725 ​ $ 3,416 ​ $ 47 ​ $ 7,559 (Credit to) provision for loan losses ​ ​ (3) ​ ​ (109) ​ ​ 18 ​ ​ 295 ​ ​ 20 ​ ​ 221 Loans charged-off ​ ​ — ​ ​ (44) ​ ​ — ​ ​ (647) ​ ​ (23) ​ ​ (714) Recoveries ​ — ​ 154 ​ — ​ 471 ​ 9 ​ 634 Ending balance ​ $ 3,314 ​ $ 55 ​ $ 743 ​ $ 3,535 ​ $ 53 ​ $ 7,700 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial ​ Residential ​ Commercial ​ ​ ​ ​ ​ ​ ​ Real Estate Real Estate and Industrial Indirect Consumer Totals ​ ​ December 31, 2022 Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Ending balance: ​ ​ ​ ​ ​ ​ Loans deemed impaired ​ $ — ​ $ — ​ $ — ​ $ 107 ​ $ 2 ​ $ 109 Loans not deemed impaired ​ $ 3,031 ​ $ 103 ​ $ 881 ​ $ 3,761 ​ $ 58 ​ $ 7,834 Loan receivables: ​ ​ ​ ​ ​ ​ Ending balance ​ $ 370,528 ​ $ 53,720 ​ $ 87,982 ​ $ 457,223 ​ $ 20,986 ​ $ 990,439 Ending balance: ​ ​ ​ ​ ​ ​ ​ Loans deemed impaired ​ $ 1,382 ​ $ 1,794 ​ $ 183 ​ $ 797 ​ $ 268 ​ $ 4,424 Loans not deemed impaired ​ $ 369,146 ​ $ 51,926 ​ $ 87,799 ​ $ 456,426 ​ $ 20,718 ​ $ 986,015 ​ The Company has also recorded an ACL for unfunded commitments, which was recorded in other liabilities; see Note 10 to the consolidated financial statements. The provision is recorded within the provision for credit losses on the Company’s income statement. The following table summarizes the provision for credit losses for the three months ended March 31, 2023 and 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, ​ 2023 2022 Provision for credit losses - loans ​ $ 994 ​ $ 221 Provision for credit losses - unfunded commitments ​ ​ 20 ​ ​ — Provision for credit losses ​ $ 1,014 ​ $ 221 ​ In the normal course of business, the Company grants loans to officers, directors and other related parties. Balances and activity of such loans during the periods presented were not material. On an annual basis, or more often if needed, the Company formally reviews the ratings on all commercial real estate, multifamily, construction and commercial loans. To assist in the review process, the Company engages an independent third-party to review a significant portion of loans within these segments. Consumer loans are rated as performing or non-performing based on payment status in accordance with regulatory retail credit guidance. Management uses the results of these reviews as part of its annual review process. In addition, management utilizes delinquency reports, the watch list and other loan reports to monitor credit quality of other loan segments. Credit Quality Indicators The Company uses the following definitions for risk ratings: Watch Special Mention Substandard Doubtful Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be Pass The following table presents the credit risk profile of the Company’s loan portfolio (excluding loans in process and deferred loan fees) based on rating category, as well as gross write-offs, by fiscal year of origination as of March 31, 2023. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving ​ ​ ​ ​ ​ Loans by Origination Year ​ Loans ​ ​ ​ ​ ​ 2023 ​ 2022 ​ 2021 ​ 2020 ​ 2019 ​ Prior ​ Amortized Cost ​ Total Commercial construction ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ - ​ $ 3,118 ​ $ - ​ $ - ​ $ - ​ $ - ​ $ - ​ $ 3,118 Watch ​ ​ - ​ ​ 11,649 ​ ​ 11,476 ​ ​ - ​ ​ - ​ ​ - ​ ​ - ​ ​ 23,125 Total commercial construction ​ ​ - ​ ​ 14,767 ​ ​ 11,476 ​ ​ - ​ ​ - ​ ​ - ​ ​ - ​ ​ 26,243 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial non-residential ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 22,338 ​ $ 44,753 ​ $ 27,328 ​ $ 18,121 ​ $ 41,308 ​ $ 51,378 ​ $ - ​ $ 205,226 Watch ​ ​ 2,372 ​ ​ 9,489 ​ ​ 8,043 ​ ​ 12,943 ​ ​ 8,699 ​ ​ 41,064 ​ ​ - ​ ​ 82,610 Special mention ​ ​ - ​ ​ - ​ ​ - ​ ​ - ​ ​ 5,994 ​ ​ 1,494 ​ ​ - ​ ​ 7,488 Substandard ​ ​ - ​ ​ - ​ ​ - ​ ​ - ​ ​ 485 ​ ​ 2,791 ​ ​ - ​ ​ 3,276 Total commercial non-residential ​ ​ 24,710 ​ ​ 54,242 ​ ​ 35,371 ​ ​ 31,064 ​ ​ 56,486 ​ ​ 96,727 ​ ​ - ​ ​ 298,600 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Multifamily ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 824 ​ $ 19,017 ​ $ 30,923 ​ $ 2,152 ​ $ 1,576 ​ $ 5,222 ​ $ - ​ $ 59,714 Watch ​ ​ - ​ ​ - ​ ​ 755 ​ ​ - ​ ​ 1,302 ​ ​ 9,749 ​ ​ - ​ ​ 11,806 Total multifamily ​ ​ 824 ​ ​ 19,017 ​ ​ 31,678 ​ ​ 2,152 ​ ​ 2,878 ​ ​ 14,971 ​ ​ - ​ ​ 71,520 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Performing ​ $ 4,801 ​ $ 26,667 ​ $ 2,619 ​ $ 2,787 ​ $ 2,670 ​ $ 15,458 ​ $ - ​ $ 55,002 Non-performing ​ ​ - ​ ​ - ​ ​ - ​ ​ - ​ ​ - ​ ​ 1,946 ​ ​ - ​ ​ 1,946 Total residential ​ ​ 4,801 ​ ​ 26,667 ​ ​ 2,619 ​ ​ 2,787 ​ ​ 2,670 ​ ​ 17,404 ​ ​ - ​ ​ 56,948 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial and industrial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 3,579 ​ $ 23,853 ​ $ 14,104 ​ $ 2,141 ​ $ 1,753 ​ $ 5,301 ​ $ 17,273 ​ $ 68,004 Watch ​ ​ 492 ​ ​ 2,705 ​ ​ 319 ​ ​ 765 ​ ​ 802 ​ ​ 2,644 ​ ​ 6,780 ​ ​ 14,507 Special mention ​ ​ - ​ ​ - ​ ​ 377 ​ ​ 13 ​ ​ 59 ​ ​ 64 ​ ​ - ​ ​ 513 Substandard ​ ​ - ​ ​ - ​ ​ 975 ​ ​ - ​ ​ 153 ​ ​ 203 ​ ​ 48 ​ ​ 1,379 Total commercial and industrial ​ ​ 4,071 ​ ​ 26,558 ​ ​ 15,775 ​ ​ 2,919 ​ ​ 2,767 ​ ​ 8,212 ​ ​ 24,101 ​ ​ 84,403 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Indirect automobile ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Performing ​ $ 33,383 ​ $ 206,728 ​ $ 100,427 ​ $ 52,928 ​ $ 34,117 ​ $ 15,945 ​ $ - ​ $ 443,528 Non-performing ​ ​ - ​ ​ 162 ​ ​ 106 ​ ​ 21 ​ ​ 110 ​ ​ 35 ​ ​ - ​ ​ 434 Total indirect automobile ​ ​ 33,383 ​ ​ 206,890 ​ ​ 100,533 ​ ​ 52,949 ​ ​ 34,227 ​ ​ 15,980 ​ ​ - ​ ​ 443,962 Current-period gross write-offs ​ ​ - ​ ​ 359 ​ ​ 303 ​ ​ 158 ​ ​ 94 ​ ​ 75 ​ ​ - ​ ​ 989 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Home equity ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Performing ​ $ - ​ $ - ​ $ - ​ $ - ​ $ 35 ​ $ 238 ​ $ 11,082 ​ $ 11,355 Non-performing ​ ​ - ​ ​ - ​ ​ - ​ ​ - ​ ​ - ​ ​ - ​ ​ 176 ​ ​ 176 Total home equity ​ ​ - ​ ​ - ​ ​ - ​ ​ - ​ ​ 35 ​ ​ 238 ​ ​ 11,258 ​ ​ 11,531 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other consumer ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Performing ​ $ 829 ​ $ 5,023 ​ $ 1,520 ​ $ 961 ​ $ 256 ​ $ 414 ​ $ 234 ​ $ 9,237 Non-performing ​ ​ - ​ ​ - ​ ​ - ​ ​ 23 ​ ​ - ​ ​ 25 ​ ​ - ​ ​ 48 Total other consumer ​ ​ 829 ​ ​ 5,023 ​ ​ 1,520 ​ ​ 984 ​ ​ 256 ​ ​ 439 ​ ​ 234 ​ ​ 9,285 Current-period gross write-offs ​ ​ - ​ ​ 11 ​ ​ - ​ ​ 11 ​ ​ - ​ ​ - ​ ​ - ​ ​ 22 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loans ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass/performing ​ $ 65,754 ​ $ 329,159 ​ $ 176,921 ​ $ 79,090 ​ $ 81,715 ​ $ 93,956 ​ $ 28,589 ​ $ 855,184 Watch ​ ​ 2,864 ​ ​ 23,843 ​ ​ 20,593 ​ ​ 13,708 ​ ​ 10,803 ​ ​ 53,457 ​ ​ 6,780 ​ ​ 132,048 Special mention ​ ​ 0 ​ ​ 0 ​ ​ 377 ​ ​ 13 ​ ​ 6,053 ​ ​ 1,558 ​ ​ 0 ​ ​ 8,001 Substandard ​ ​ 0 ​ ​ 0 ​ ​ 975 ​ ​ 0 ​ ​ 638 ​ ​ 2,994 ​ ​ 48 ​ ​ 4,655 Non-performing ​ ​ 0 ​ ​ 162 ​ ​ 106 ​ ​ 44 ​ ​ 110 ​ ​ 2,006 ​ ​ 176 ​ ​ 2,604 Total Loans ​ $ 68,618 ​ $ 353,164 ​ $ 198,972 ​ $ 92,855 ​ $ 99,319 ​ $ 153,971 ​ $ 35,593 ​ $ 1,002,492 Total Current-period gross write-offs ​ $ 0 ​ $ 370 ​ $ 303 ​ $ 169 ​ $ 94 ​ $ 75 ​ $ - ​ $ 1,011 ​ ​ The following table presents the classes of the loan portfolio summarized by the pass category and the criticized categories of special mention and substandard within the internal risk system: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ Pass Special Mention Substandard Total Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 20,329 ​ $ — ​ $ — ​ $ 20,329 Non-residential ​ ​ 271,491 ​ ​ 7,904 ​ ​ 3,027 ​ ​ 282,422 Multifamily ​ 67,777 ​ — ​ — ​ 67,777 Residential real estate ​ 52,265 ​ — ​ 1,455 ​ 53,720 Commercial and industrial ​ 83,680 ​ 3,825 ​ 477 ​ 87,982 Consumer: ​ ​ ​ ​ ​ Indirect automobile ​ 456,112 ​ — ​ 1,111 ​ 457,223 Home equity ​ 11,290 ​ — ​ 217 ​ 11,507 Other consumer ​ 9,428 ​ — ​ 51 ​ 9,479 Total ​ $ 972,372 ​ $ 11,729 ​ $ 6,338 ​ $ 990,439 ​

Goodwill and Intangible Assets

Goodwill and Intangible Assets	3 Months Ended
	Mar. 31, 2023
Goodwill and Intangible Assets
Goodwill and Intangible Assets	4. Goodwill and Intangible Assets The changes in the carrying value of goodwill are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Year Ended ​ ​ ​ March 31, ​ December 31, ​ 2023 2022 Beginning balance ​ ​ $ 2,235 ​ $ 2,235 Activity during the period ​ ​ — ​ — ​ ​ ​ ​ Ending balance ​ ​ $ 2,235 ​ $ 2,235 ​ The Company evaluated goodwill and determined that no write-down was required for the first three months of 2023 or the year ended December 31, 2022. The changes in the carrying value of the customer list and core deposit intangibles are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Year Ended ​ ​ March 31, ​ December 31, ​ 2023 2022 Beginning balance ​ $ 334 ​ $ 433 Amortization ​ (24) ​ (99) ​ ​ ​ Ending balance ​ $ 310 ​ $ 334 Accumulated amortization and impairment ​ $ 123 ​ $ 99 ​ Core deposit intangibles represent the estimated fair value of acquired customer deposit relationships on the date of acquisition and are amortized over their estimated useful lives. Purchased customer accounts primarily consist of records and files that contain information about investment holdings. The values assigned to customer lists and core deposit intangibles are based upon the application of the income approach. The intangibles are expected to have useful lives of approximately 13 years. The Company recognized $24 and $27 of amortization expense related to its intangible assets for the three months ended March 31, 2023 and 2022, respectively. As of March 31, 2023, the future amortization expense for amortizable intangible assets for the years ended December 31, was as follows: ​ ​ ​ ​ ​ 2023 $ 64 2024 ​ 79 2025 ​ 60 2026 ​ 29 2027 ​ 21 Thereafter ​ ​ 57 Total ​ $ 310 ​

Premises and Equipment

Premises and Equipment	3 Months Ended
	Mar. 31, 2023
Premises and Equipment
Premises and Equipment	5. Premises and Equipment Premises and equipment are summarized as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, ​ ​ 2023 2022 ​ Land ​ $ 3,732 ​ $ 3,732 ​ Buildings and improvements ​ 27,617 ​ 27,617 ​ Furniture, fixtures and equipment ​ 14,670 ​ 14,652 ​ Construction in process ​ 265 ​ 230 ​ Total ​ 46,284 ​ 46,231 ​ Less accumulated depreciation ​ (27,867) ​ (27,509) ​ Net ​ $ 18,417 ​ $ 18,722 ​ ​

Deposits

Deposits	3 Months Ended
	Mar. 31, 2023
Deposits
Deposits	6. Deposits Deposits balances are summarized as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, ​ 2023 2022 Non-interest bearing demand deposits ​ $ 269,743 ​ $ 283,563 Interest bearing accounts: ​ ​ NOW ​ 140,396 ​ 156,285 Savings ​ 169,296 ​ 176,916 Money market ​ 229,988 ​ 296,787 Time certificates of deposit ​ 284,101 ​ 216,382 Total interest bearing accounts ​ 823,781 ​ 846,370 Total deposits ​ $ 1,093,524 ​ $ 1,129,933 ​ Time deposits included brokered deposits of $42,696 and $34,041 at March 31, 2023 and December 31, 2022, respectively. Included in time certificates of deposit at March 31, 2023 and December 31, 2022 were reciprocal deposits totaling $24,529 and $10,023, respectively, with original maturities of one Contractual maturities of time certificates of deposit at March 31, 2023 are summarized below: ​ ​ ​ ​ ​ ​ ​ March 31, ​ 2023 Within 1 year ​ $ 240,967 1 – 2 years ​ 37,879 2 – 3 years ​ 2,983 3 – 4 years ​ 1,259 4 – 5 years ​ 1,013 Total ​ $ 284,101 ​

Long-Term Debt and FHLB Stock

Long-Term Debt and FHLB Stock	3 Months Ended
	Mar. 31, 2023
Long-Term Debt and FHLB Stock
Long-Term Debt and FHLB Stock	7. Long-Term Debt and FHLB Stock FHLB Borrowings and Stock The Bank is a member of the FHLB. At March 31, 2023 and December 31, 2022, the Bank had access to a preapproved secured line of credit with the FHLB of $675,466 and $667,905, respectively. Borrowings under this line require collateralization through the pledge of specific loans and securities. At March 31, 2023 and December 31, 2022, the Bank had pledged assets of $202,035 and $195,455, respectively. The Company had no outstanding overnight line of credit balances with the FHLB at either March 31, 2023 or December 31, 2022. These borrowings would mature the following business day. ​ The outstanding principal amounts and the related terms and rates at March 31, 2023 were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Term Principal Maturity Rate ​ Due in one year Long term Fixed short-term ​ ​ 10,000 ​ April 3, 2023 ​ 4.72 % ​ ​ 10,000 ​ ​ — Fixed short-term ​ ​ 10,000 ​ May 15, 2023 ​ 4.87 % ​ ​ 10,000 ​ ​ — Fixed medium-term ​ ​ 722 ​ October 31, 2025 ​ 4.87 % ​ ​ — ​ ​ 722 Fixed medium-term ​ ​ 5,000 ​ November 3, 2025 ​ 4.87 % ​ ​ — ​ ​ 5,000 Fixed medium-term ​ ​ 728 ​ December 5, 2025 ​ 4.34 % ​ ​ — ​ ​ 728 Fixed short-term ​ ​ 10,000 ​ September 5, 2023 ​ 5.38 % ​ ​ 10,000 ​ ​ — Fixed medium-term ​ ​ 20,000 ​ March 20, 2025 ​ 4.47 % ​ ​ — ​ ​ 20,000 Fixed medium-term ​ ​ 20,000 ​ March 21, 2024 ​ 5.18 % ​ ​ 20,000 ​ ​ — Fixed short-term ​ ​ 10,000 ​ August 21, 2023 ​ 5.23 % ​ ​ 10,000 ​ ​ — Fixed short-term ​ ​ 10,000 ​ October 23, 2023 ​ 5.23 % ​ ​ 10,000 ​ ​ — Fixed short-term ​ ​ 10,000 ​ December 21, 2023 ​ 5.24 % ​ ​ 10,000 ​ ​ — Total ​ $ 106,450 ​ Weighted Average Rate 4.99 % ​ $ 80,000 ​ $ 26,450 ​ The Bank is required to maintain an investment in capital stock of the FHLB, as collateral, in an amount equal to a certain percentage of its outstanding debt. FHLB stock is considered restricted stock and is carried at cost. The Bank evaluates FHLB stock for impairment based on the ultimate recovery ability of the cost. No impairment was recognized at either March 31, 2023 or December 31, 2022. Subordinated Debt In addition to the Bank, the Company has one other wholly-owned subsidiary, RSB Capital Trust I (the “Trust”). In 2005, the Trust issued $5,000 of pooled trust preferred securities in a private placement and issued 155 shares of common stock at $1 par value per share, to the Company. The Trust, which has no independent assets or operations, was formed in 2005 for the sole purpose of issuing trust preferred securities and investing the proceeds thereof in an equivalent amount of junior subordinated debentures. The proceeds from the issuance of the trust preferred securities were down-streamed to the Bank and are currently considered Tier 1 capital for purposes of determining the Bank’s capital ratios. The duration of the Trust is 30 years. The subordinated debt securities of $5,155 are unsecured obligations of the Company and are subordinate and junior in right of payment to all present and future senior indebtedness of the Company. The Company has entered into a guarantee, which together with its obligations under the subordinated debt securities and the declaration of trust governing the Trust, including its obligations to pay costs, expenses, debts and liabilities, provides a full and unconditional guarantee of amounts on the capital securities. The subordinated debentures, which bear interest at three month LIBOR plus 2.00% (6.92% at March 31, 2023 and 6.69% at December 31, 2022) mature on May 23, 2035. After June 30, 2023, the three month LIBOR rate will be replaced by the three month CME term Secured Overnight Financing Rate (“SOFR”) as adjusted by adding 0.26%, the relevant spread adjustment. Other Borrowings The Bank has an unsecured, uncommitted $10,000 line of credit with Zions Bank. There were no advances outstanding under this line of credit at either March 31, 2023 or December 31, 2022. ​ The Bank also has an unsecured, uncommitted $50,000 line of credit with Pacific Coast Bankers Bank. There were no advances outstanding under this line of credit at either March 31, 2023 or December 31, 2022.

Employee Benefits

Employee Benefits	3 Months Ended
	Mar. 31, 2023
Employee Benefits
Employee Benefits	8. Employee Benefits Pension Plan The Bank maintains a noncontributory defined benefit pension plan covering substantially all of its employees 21 years of age or older who had completed at least one year of service as of June 30, 2012, the effective date on which the Board of Directors of the Bank voted to freeze the defined benefit plan. The following table sets forth the plan’s funded status and amounts recognized in the Company’s consolidated statements of financial condition: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, ​ ​ 2023 2022 ​ Projected and accumulated benefit obligation ​ $ (18,037) ​ $ (17,138) ​ Plan assets at fair value ​ 17,729 ​ 16,906 ​ Funded status included in accrued expenses and other liabilities ​ $ (308) ​ $ (232) ​ ​ The net periodic pension cost and amounts recognized in other expense are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended March 31, ​ 2023 2022 Interest cost ​ $ 215 ​ $ 158 Expected return on plan assets ​ (232) ​ (252) Amortization of unrecognized loss ​ 93 ​ 67 Net periodic cost (benefit) ​ $ 76 ​ $ (27) ​ The expected long-term rate of return on plan assets has been determined by applying historical average investment returns from published indexes relating to the current allocation of assets in the plan. Plan assets are invested in pooled separate accounts consisting of underlying investments in nine diversified investment funds. As of March 31, 2023, the investment funds included seven equity funds and two fixed income bond funds, each with its own investment objectives, investment strategies and risks, as detailed in the Company’s investment policy statement. The Company determines the appropriate strategic asset allocation versus plan liabilities, as governed by the investment policy statement. The assets of the plan are invested under the supervision of the Company’s investment committee in accordance with the investment policy statement. The investment options of the plan are chosen in a manner consistent with generally accepted standards of fiduciary responsibility. The investment performance of the Company’s individual investment managers, with the assistance of the Company’s investment consultant, is monitored on a quarterly basis and is reviewed at least annually relative to the objectives and guidelines as stated in the Company’s investment policy statement. The Company did not make a contribution to the plan in the first three months of 2023 or 2022. The fair value of the Company’s pension plan assets, by fair value hierarchy, are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ Level 1 Level 2 Level 3 Total Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Investment in separate accounts ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fixed income ​ $ 12,015 ​ $ — ​ $ — ​ $ 12,015 Equity ​ 5,714 ​ — ​ — ​ 5,714 Total assets at fair value ​ $ 17,729 ​ $ — ​ $ — ​ $ 17,729 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ Level 1 Level 2 Level 3 Total Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Investment in separate accounts ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fixed income ​ $ 11,600 ​ $ — ​ $ — ​ $ 11,600 Equity ​ 5,306 ​ — ​ — ​ 5,306 Total assets at fair value ​ $ 16,906 ​ $ — ​ $ — ​ $ 16,906 ​ The pooled separate accounts are valued at the net asset per unit based on either the observable net asset value of the underlying investment or the net asset value of the underlying pool of securities. Net asset value is based on the value of the underlying assets owned by the fund, minus its liabilities and then divided by the number of shares outstanding. For a detailed disclosure on the Bank’s pension and employee benefits plans, please refer to Note 10 of the Company’s Consolidated Financial Statements for the year ended December 31, 2022 included in the Company’s Annual Report on Form 10-K Defined Contribution Plan The Bank sponsors a 401(k) defined contribution plan. Participants are permitted, in accordance with the provisions of Section 401(k) of the Internal Revenue Code, to contribute up to 25% of their earnings (as defined) into the plan with the Bank matching up to 6%, subject to Internal Revenue Service limitations. The Bank’s contributions charged to operations amounted to $286 and $294 for the three months ended March 31, 2023 and 2022, respectively. Deferred Compensation Arrangements Directors’ Plan, (formerly the “Trustees Plan”) The Bank’s Deferred Compensation Plan for Fees of Directors, as amended and restated effective January 1, 2005 (the “Directors’ Plan”), covers directors who elect to defer receipt of all or a portion of their fees until separation from service. Upon resignation, retirement, or death, the participant’s total deferred compensation, including earnings thereon, will be paid out. At March 31, 2023 and December 31, 2022, total amounts due to participants of $2,873 and $2,761, respectively, were included in accrued expenses and other liabilities. Total expenses related to the Directors’ Plan were $51 and $56 for the three months ended March 31, 2023 and 2022, respectively, which were included in other non-interest expense in the consolidated statements of income. Executive Long-Term Incentive and Retention Plan The Bank maintains an Executive Long-Term Incentive and Retention Plan (the “Executive Plan”). Participation in the Executive Plan is limited to officers of the Company designated as participants by the Board of Directors and who filed a properly completed and executed participation agreement in accordance with the terms of the Executive Plan. Under the Executive Plan, the Board of Directors may grant annual incentive awards equal to a percentage of a participant’s base salary at the rate in effect on the last day of the Executive Plan year, as determined by the Board of Directors based on the attainment of criteria established annually by the Board of Directors. Incentive awards under the Executive Plan are credited to the participant’s incentive benefit account as of the last day of the Executive Plan year to which the award relates and earn interest at a rate determined annually by the Board of Directors. Participants vest in their benefit accounts in accordance with the vesting schedule approved by the Board of Directors, which ranges from one Group Term Replacement Plan Under the terms of the “Group Term Replacement Plan”, the Company provides postretirement life insurance benefits to certain officers. The liability related to these postretirement benefits is being accrued over the individual participants’ service period and aggregated $1,593 and $1,580 at March 31, 2023 and December 31, 2022, respectively. The Company recognized expenses of $13 and $12 for the three-month periods ended March 31, 2023 and March 31, 2022, respectively, related to this plan, which are included in salaries and employee benefits expense in the consolidated statements of income. Other Director and Officer Postretirement Benefits The Company has individual fee continuation agreements with certain directors and a supplemental retirement agreement with an executive officer which provide for fixed postretirement benefits to be paid to the directors and the officer, or their beneficiaries, for periods ranging from 15 to 20 years. In addition, the Company has agreements with certain directors which provide for certain postretirement life insurance benefits. The liability related to these postretirement benefits is being accrued over the individual participants’ service period and aggregated $2,037 and $2,031 at March 31, 2023 and December 31, 2022, respectively. The Company recognized expenses of $16 and $19 for the three months ended March 31, 2023 and 2022, respectively, related to these benefits, which are included in other non-interest expenses in the consolidated statements of income. Employee Stock Ownership Plan On January 1, 2019, the Bank established an Employee Stock Ownership Plan (“ESOP”) to provide Company stock to eligible employees. The plan is a tax-qualified retirement plan for the benefit of Bank employees. On January 16, 2019, the Company granted a loan to the ESOP for the purchase of 436,425 shares of the Company’s common stock at a price of $10.00 per share. The loan obtained by the ESOP from the Company is payable annually over 20 years at a rate per annum equal to the Prime Rate, reset annually on January 1st (7.50% at January 1, 2023). Loan payments are funded by cash contributions from the Bank. The loan is secured by the shares purchased, which are held in a suspense account for allocation among participants as the loan is repaid. The balance of the ESOP loan at March 31, 2023 was $3,741. Contributions are allocated to eligible participants on the basis of compensation, subject to federal tax limits. The number of shares committed to be released annually is 21,821 through 2039. Shares held by the ESOP include the following: ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, ​ ​ 2023 2022 Allocated ​ 87,284 65,463 Committed to be allocated ​ 5,454 21,821 Unallocated ​ 343,687 349,141 Paid out to participants ​ (4,376) ​ (4,376) Total shares ​ 432,049 432,049 ​ The fair value of unallocated shares was $2,629 at March 31, 2023. Total compensation expense recognized in connection with the ESOP for the three months ended March 31, 2023 and 2022 was $50 and $58, respectively. Share-Based Compensation Plan On May 26, 2020, stockholders of the Company approved the 2020 Equity Incentive Plan (the “EIP”). The EIP authorizes the issuance to participants of up to 763,743 shares of Rhinebeck Bancorp common stock pursuant to grants of incentive and non-qualified stock options, restricted stock awards and restricted stock units. Of this number, the maximum number of shares of Rhinebeck Bancorp common stock that may be issued under the EIP pursuant to the exercise of stock options is 545,531 shares, and the maximum number of shares of Rhinebeck Bancorp common stock that may be issued as restricted stock awards or restricted stock units is 218,212 shares. These amounts represented 4.90% and 1.96%, respectively, of the number of shares of common stock issued in the stock offering of Rhinebeck Bancorp, including the shares issued to Rhinebeck Bancorp, MHC. Pursuant to terms of the EIP, on August 25, 2020, the Board of Directors granted restricted stock and stock options to employees and directors. All of the awards vest annually over a three-year period from the date of the grant and the term of each option is ten years. As of March 31, 2023, there were 102,813 stock options and 49,444 restricted stock awards that remain available for future grants. The fair value of each option granted under the EIP is estimated on the date of grant using the Black-Scholes Option-Pricing Model. The expected volatility is based on the historical volatility of a peer group of comparable SEC-reporting bank holding companies. The dividend yield assumption is based on the Company’s expectation of dividend payouts. The risk-free rate for periods within the contractual life of the option is based on the U.S. Treasury yield curve in effect at the date of grant. The Company has elected to recognize forfeitures as they occur. ​ ​ A summary of options under the 2020 EIP as of March 31, 2023 is presented below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted - ​ Weighted-Average ​ ​ Number of ​ Average ​ Remaining Contractual ​ ​ Shares ​ Exercise Price ​ Term (in Years) Options outstanding at beginning of year ​ 437,930 ​ $ 6.62 ​ 7.66 Granted ​ - ​ ​ - ​ - Exercised ​ - ​ ​ - ​ - Forfeited ​ (667) ​ ​ 6.57 ​ - Options outstanding at March 31, 2023 ​ 437,263 ​ $ 6.62 ​ 7.40 Options exercisable at March 31, 2023 ​ 290,126 ​ $ 6.62 ​ 7.40 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At March 31, 2023, the aggregate intrinsic value of the stock options outstanding, which fluctuates based on changes in the fair market value of the Company’s stock, was $456 . The aggregate intrinsic value represents the total pre-tax intrinsic value (i.e., the difference between the Company’s closing stock price on the last trading day of period and the weighted-average exercise price, multiplied by the number of shares) that would have been received by the option holders had all option holders exercised their options on March 31, 2023. ​ As of March 31, 2023, there was $101 of unrecognized compensation cost related to the nonvested stock options granted under the 2020 EIP. The cost is expected to be recognized over a remaining period of 0.42 years. The following table summarizes the Company’s restricted stock activity for the three months ended March 31, 2023: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted-Average ​ ​ Number ​ ​ Grant Date ​ ​ of Shares ​ ​ Fair Value per Share Non-vested restricted stock at beginning of year ​ 56,266 ​ $ 6.57 Granted ​ - ​ - Vested ​ - ​ - Forfeited ​ (334) ​ 6.57 Non-vested restricted stock at March 31, 2023 ​ 55,932 ​ $ 6.57 ​ As of March 31, 2023, there was $148 of unrecognized compensation cost related to the nonvested restricted stock awards granted under the 2020 EIP. The cost is expected to be recognized over a remaining period of 0.40 years. For the three months ended March 31, 2023, share-based compensation of options and restricted stock under the plan totaled $150.

Leases

Leases	3 Months Ended
	Mar. 31, 2023
Leases
Leases	9. Leases As of March 31, 2023, the Company leased real estate for seven branch offices and two administrative offices under various lease agreements. All of our leases are classified as operating leases. The calculated amount of the right-of-use assets and lease liabilities are impacted by the length of the lease term and the discount rate used to present value the minimum lease payments. The Company’s leases have maturities which range from 2024 to 2041, some of which include lessee options to extend the lease term. If the Company considers the exercising of a renewal option to be reasonably certain, the Company will include the extended term in the calculation of the right-of-use asset and lease liability. The weighted average remaining life of the lease terms for these leases was 11.4 years and 11.6 years as of March 31, 2023 and December 31, 2022, respectively. As most of our leases do not provide an implicit rate, the Company used its incremental borrowing rate, the rate of interest to borrow on a collateralized basis for a similar term, at the lease commencement date. The Company utilized a weighted average discount rate of 2.58% in determining the lease liability as of both March 31, 2023 and December 31, 2022, respectively. For the three months ended March 31, 2023 and 2022, total operating lease costs were $178 and $195, respectively, and were included in occupancy and other expense. Deferred rent liability was $95 and $105 at March 31, 2023 and December 31, 2022, respectively. The right-of-use asset, included in other assets, was $6,750 and $6,896 and the corresponding lease liability, included in accrued expenses and other liabilities, was $6,750 and $6,896 as of March 31, 2023 and December 31, 2022, respectively. ​ Future minimum payments for operating leases with initial or remaining terms of one year or more as of March 31, 2023 were as follows: ​ ​ ​ ​ ​ Years ending December 31: ​ ​ 2023 ​ $ 571 2024 ​ 764 2025 ​ 739 2026 ​ 720 2027 ​ 676 Thereafter ​ 4,394 Total future minimum lease payments ​ ​ 7,864 Amounts representing interest ​ ​ (1,114) Present Value of Net Future Minimum Lease Payments ​ $ 6,750 ​

Commitments and Contingencies a

Commitments and Contingencies and Derivatives	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies and Derivatives
Commitments and Contingencies and Derivatives	10. Commitments and Contingencies and Derivatives Legal Matters The Company is involved in various legal proceedings which have arisen in the normal course of business. Management believes that resolution of these matters will not have a material effect on the Company’s financial condition or results of operations. Employment Agreements The Company has entered into employment agreements with certain officers. The agreements provide for base salaries and incentive compensation based on performance criteria outlined in the agreements. The agreements also provide for insurance and various other benefits. Financial Instruments with Off-Balance-Sheet Risk In the normal course of business, the Company is a party to financial instruments with off-balance-sheet risk to meet the financing needs of its customers. These financial instruments include standby letters of credit and commitments to extend credit, which include new loan commitments, undisbursed portions of construction loans and other lines of credit and loans sold with recourse. We are obligated under a recourse provision associated with certain first mortgage renovation loans sold in the secondary market. These financial instruments involve, to varying degrees, elements of interest rate risk in excess of the amounts recognized in the statements of financial condition. The contractual amounts of those instruments reflect the extent of involvement the Company has in particular classes of financial instruments. On January 1, 2023, the Company adopted ASU 2016-13 and implemented the CECL methodology for allowance for credit losses which requires the measurement of expected lifetime credit losses for unfunded commitments that are considered off-balance sheet credit exposures. The ACL on unfunded commitments is management’s estimate of expected credit losses over the expected contractual term (or life) in which the Company is exposed to credit risk via a contractual obligation to extend credit unless that obligation is unconditionally cancellable by the Company. For each portfolio, estimated loss rates and funding factors are applied to the corresponding balance of unfunded commitments. For each portfolio, the estimated loss rates applied to unfunded commitments are the same quantitative and qualitative loss rates applied to the corresponding on-balance sheet amounts in determining the ACL on loans. The estimated funding factor applied to unfunded commitments represents the likelihood that the funding will occur and is based upon the Company’s average historical utilization rate for each portfolio. As a result of adopting the CECL standard, the Company recognized an increase in the ACL on unfunded commitments of $221 on January 1, 2023. ​ Financial instruments whose contract amounts represent off-balance sheet credit risk are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, ​ ​ 2023 2022 ​ Commitments to extend credit summarized as follows: ​ ​ ​ ​ ​ ​ ​ Future loan commitments ​ $ 5,973 ​ $ 3,815 ​ Undisbursed construction loans ​ 33,989 ​ 30,274 ​ Undisbursed home equity lines of credit ​ 9,692 ​ 9,561 ​ Undisbursed commercial and other line of credit ​ 91,318 ​ 77,719 ​ Standby letters of credit ​ 5,244 ​ 4,571 ​ Loans sold with recourse ​ 726 ​ 276 ​ Total ​ $ 146,942 ​ $ 126,216 ​ ​ 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. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Since these commitments could 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 residential and commercial property, deposits and securities. Activity in the Company’s ACL for unfunded commitments for the three months ended March 31, 2023 is summarized in the table below and included in accrued expenses and other liabilities. The Adoption of the CECL Standard row presents adjustments recorded on January 1, 2023 through retained earnings. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial ​ Commercial ​ ​ ​ ​ Real Estate Residential and Industrial Indirect Consumer Totals ​ Three months ended March 31, 2023 Allowance for credit losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Adoption of CECL standard ​ ​ 149 ​ ​ — ​ ​ 65 ​ ​ — ​ ​ 7 ​ ​ 221 Provision for credit losses ​ ​ 19 ​ ​ — ​ ​ 1 ​ ​ — ​ ​ — ​ ​ 20 Ending balance ​ $ 168 ​ $ — ​ $ 66 ​ $ — ​ $ 7 ​ $ 241 ​ ​ Interest Rate Swaps The Company enters into interest rate swaps that allow commercial loan customers to effectively convert a variable-rate loan agreement to a fixed-rate loan agreement. Under these agreements, the Company simultaneously enters into a variable-rate loan and interest rate swap agreements with a customer. The Company then enters into a corresponding and offsetting swap agreement with a third party to hedge its exposure created by the customer agreements. The interest rate swaps with both the customers and third parties are not designated as hedges under FASB ASC Topic 815, Derivatives and Hedging, and are marked to market through earnings. The fair values of the swaps are recorded as both an asset and a liability, in other assets and other liabilities, respectively, in equal amounts for these transactions. The accrued interest receivable payable Summary information regarding these derivatives is presented below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, ​ ​ 2023 ​ 2022 ​ Notational amount ​ $ 32,436 ​ ​ $ 26,541 ​ Fair value ​ $ 3,282 ​ ​ $ 3,578 ​ Weighted average pay rates ​ ​ 4.10 % ​ ​ 3.69 % Weighted average receive rates ​ ​ 6.80 % ​ ​ 6.30 % Weighted average maturity (in years) ​ ​ 8.81 ​ ​ ​ 8.79 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Number of Contracts ​ ​ 8 ​ ​ ​ 7 ​ ​ Not included in the table above are seven contracted forward rate swaps with a notional value of $67,411 and a fair value of $2,716 with effective dates at various points in 2023 and 2024. These forward swaps have a fixed weighted average pay rate of 5.19% and the related weighted average adjustable receive rates will be determined at the time the forward swaps become effective.

Regulatory Matters

Regulatory Matters	3 Months Ended
	Mar. 31, 2023
Regulatory Matters
Regulatory Matters	11. Regulatory Matters The Bank is subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of the Bank’s assets, liabilities and certain off-balance-sheet items, as calculated under regulatory accounting practices. The Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the tables below) of total, common equity Tier 1 and Tier I capital (as defined in the regulations) to risk-weighted assets (as defined) and of Tier I capital (as defined) to average assets (as defined). Management believes, as of March 31, 2023 and December 31, 2022, that the Bank met all capital adequacy requirements to which they are subject. The most recent notification from the Federal Deposit Insurance Corporation (“FDIC”) categorized the Bank as “well capitalized” under the regulatory framework. To be categorized as well capitalized, the Bank must maintain minimum total risk-based, common equity Tier 1, Tier I risk-based and Tier I leverage ratios as set forth in the table below. There are no conditions or events since then, which management believes have changed the Bank’s category. The Bank’s actual capital amounts and ratios were: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ To be Well Capitalized under ​ ​ ​ ​ ​ ​ ​ For Capital Adequacy ​ Prompt Corrective Action ​ ​ Actual ​ Purposes ​ Provisions ​ Amount Ratio Amount Ratio Amount Ratio ​ ​ March 31, 2023 Rhinebeck Bank ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total capital (to risk-weighted assets) ​ $ 141,259 12.16 % $ 92,932 8.00 % $ 116,165 10.00 % Tier 1 capital (to risk-weighted assets) ​ 131,914 11.36 % 69,699 6.00 % 92,932 8.00 % Common equity tier one capital (to risk weighted assets) ​ 131,914 11.36 % 52,274 4.50 % 75,508 6.50 % Tier 1 capital (to average assets) ​ 131,914 9.68 % 54,525 4.00 % 68,156 5.00 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 Rhinebeck Bank ​ ​ ​ ​ Total capital (to risk-weighted assets) ​ $ 139,257 12.25 % $ 90,980 8.00 % $ 113,725 10.00 % Tier 1 capital (to risk-weighted assets) ​ 131,314 11.55 % 68,235 6.00 % 90,980 8.00 % Common equity tier one capital (to risk weighted assets) ​ 131,314 11.55 % 51,176 4.50 % 73,921 6.50 % Tier 1 capital (to average assets) ​ 131,314 9.75 % 53,868 4.00 % 67,335 5.00 % ​

Fair Value

Fair Value	3 Months Ended
	Mar. 31, 2023
Fair Value
Fair Value	12. Fair Value The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. A description of the valuation methodologies used for assets and liabilities recorded at fair value and for estimating fair value for financial and non-financial instruments not recorded at fair value, is set forth below. Cash and Cash Equivalents The carrying amount is a reasonable estimate of fair value. Available for Sale Securities Where quoted prices are available in an active market for identical securities, securities are classified within Level 1 of the valuation hierarchy. Level 1 securities include marketable equity securities and U.S. Treasury obligations. If quoted prices are not available, then fair values are estimated by using pricing models (i.e., matrix pricing) or quoted prices of securities with similar characteristics and are classified within Level 2 of the valuation hierarchy. Examples of such instruments include government agency bonds, mortgage-backed securities and municipal bonds. Level 3 securities include securities for which significant unobservable inputs are utilized. Available for sale securities are recorded at fair value on a recurring basis. FHLB Stock The carrying value of FHLB stock approximates fair value based on the redemption provisions of the FHLB. Loans Loans receivable are carried at cost. For variable rate loans which reprice frequently carrying values are a reasonable estimate of fair values, adjusted for credit losses inherent in the portfolios. The fair value of fixed rate loans is estimated by discounting the future cash flows using the year end rates, estimated using local market data, at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities, adjusted for credit losses inherent in the portfolios. The Company does not record loans at fair value on a recurring basis. However, from time to time, nonrecurring fair value adjustments to collateral-dependent individually analyzed loans are recorded to reflect partial write-downs based on the observable market price or current appraised value of collateral. Other Real Estate Owned Other real estate owned represents real estate acquired through foreclosure and is carried at fair value less estimated selling costs. Fair value is based upon independent market prices, appraised values of the collateral or management’s estimation of the value of the collateral. These assets are included as Level 3 fair values, based upon the lowest level of input that is utilized in the fair value measurements. Mortgage Servicing Rights The fair value of mortgage servicing rights is based on a valuation model that calculates the present value of estimated future net servicing income. Mortgage servicing rights are carried at the lower of amortized cost or estimated fair value and are included in other assets on the consolidated statements of financial condition. Deposits Deposit liabilities are carried at cost. The fair value of NOW, savings and money market deposits is the amount payable on demand at the reporting date. The fair value of time certificates of deposit is estimated using a discounted cash flow calculation that applies interest rates currently being offered for deposits of similar remaining maturities estimated using local market data to a schedule of aggregated expected maturities on such deposits. Mortgagors’ Escrow Accounts The fair value is estimated using a discounted cash flow calculation that applies interest rates currently being offered on deposited escrow accounts of similarly expected maturities. Advances from the FHLB The fair value of the advances is estimated using a discounted cash flow calculation that applies current FHLB interest rates for advances of similar maturity to a schedule of maturities of such advances. Subordinated Debt Based on the floating rate characteristic of these instruments, the carrying value is considered to approximate fair value. Off-Balance-Sheet Instruments Fair values for off-balance-sheet lending commitments are based on fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the counterparties’ credit standings. Such amounts are not significant. Loan Level Interest Rate Swaps The fair value is based on settlement values adjusted for credit risks associated with the counterparties and the Company and observable market interest rate curves. The following tables detail the assets that are carried at fair value on a recurring basis as of the periods shown and indicate the fair value hierarchy of the valuation techniques utilized by the Company to determine the fair value: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices in ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Active Markets ​ Significant ​ Significant ​ ​ ​ ​ ​ for Identical ​ Observable ​ Unobservable ​ Balance Assets (Level 1) Inputs (Level 2) Inputs (Level 3) ​ ​ March 31, 2023 Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities ​ $ 38,309 ​ $ 38,309 ​ $ — ​ $ — U.S. government agency mortgage-backed securities-residential ​ ​ 142,529 ​ ​ — ​ ​ 142,529 ​ ​ — U.S. government agency securities ​ 22,773 ​ — ​ 22,773 ​ — Municipal securities ​ 4,839 ​ — ​ 4,709 ​ 130 Corporate Bonds ​ ​ 12,907 ​ ​ — ​ ​ 12,907 ​ ​ — Other ​ 815 ​ — ​ 815 ​ — Total available for sale securities ​ ​ 222,172 ​ ​ 38,309 ​ ​ 183,733 ​ ​ 130 Loan level interest rate swaps ​ ​ 5,998 ​ ​ — ​ ​ 5,998 ​ ​ — Total assets ​ $ 228,170 ​ $ 38,309 ​ $ 189,731 ​ $ 130 Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loan level interest rate swaps ​ $ 5,998 ​ $ — ​ $ 5,998 ​ $ — Total liabilities ​ $ 5,998 ​ $ — ​ $ 5,998 ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities ​ $ 37,857 ​ $ 37,857 ​ $ — ​ $ — U.S. government agency mortgage-backed securities – residential ​ ​ 144,534 ​ ​ — ​ ​ 144,534 ​ ​ — U.S. government agency securities ​ 22,449 ​ — ​ 22,449 ​ — Municipal securities ​ 4,786 ​ — ​ 4,656 ​ 130 Corporate Bonds ​ ​ 13,217 ​ ​ — ​ ​ 13,217 ​ ​ — Other ​ 816 ​ — ​ 816 ​ — Total available for sale securities ​ ​ 223,659 ​ ​ 37,857 ​ ​ 185,672 ​ ​ 130 Loan level interest rate swaps ​ ​ 4,548 ​ ​ — ​ ​ 4,548 ​ ​ — Total assets ​ $ 228,207 ​ $ 37,857 ​ $ 190,220 ​ $ 130 Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loan level interest rate swaps ​ $ 4,548 ​ $ — ​ $ 4,548 ​ $ — Total liabilities ​ $ 4,548 ​ $ — ​ $ 4,548 ​ $ — ​ The following tables detail the assets carried at fair value and measured at fair value on a nonrecurring basis as of March 31, 2023 and December 31, 2022 and indicate the fair value hierarchy of the valuation techniques utilized by the Company to determine the fair value: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices in ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Active Markets ​ Significant ​ Significant ​ ​ ​ ​ ​ for Identical ​ Observable ​ Unobservable ​ Balance Assets (Level 1) Inputs (Level 2) Inputs (Level 3) ​ ​ March 31, 2023 Individually analyzed loans, with specific reserves ​ $ 427 ​ $ — ​ $ — ​ $ 427 Total ​ $ 427 ​ $ — ​ $ — ​ $ 427 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 Impaired loans, with specific reserves ​ $ 319 ​ $ — ​ $ — ​ $ 319 Total ​ $ 319 ​ $ — ​ $ — ​ $ 319 ​ Loans that were individually analyzed using the fair value of the collateral had recorded investments of $1,176 and $428 with valuation allowances of $749 and $109 resulting in fair values of $427 and $319 at March 31, 2023 and December 31, 2022, respectively. The valuation allowance represents specific allocations to the allowance for credit losses. ​ The following table presents additional quantitative information about assets measured at fair value on a nonrecurring basis and for which the Company has utilized Level 3 inputs to determine fair value: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quantitative Information About Level 3 Fair Value Measurements ​ ​ Fair Value ​ Valuation ​ Unobservable ​ Range ​ Estimate Techniques Input (Weighted Average) ​ ​ March 31, 2023 Individually analyzed loans, with specific reserves ​ $ 427 Appraisal of collateral (1) Liquidation expenses (3) 0% to 6% ​ ​ ​ ​ ​ ​ ​ Appraisal adjustments (2) 0% to 20% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 Impaired loans ​ $ 319 Appraisal of collateral (1) Liquidation expenses (3) 0% to 6% ​ ​ ​ ​ ​ ​ ​ Appraisal adjustments (2) 0% to 20% (1) Fair value is generally through independent appraisals of the underlying collateral that generally 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 of liquidation expenses and other appraisal adjustments are presented as a percent of the appraised value. (3) Estimated costs to sell. The estimated fair value amounts for 2023 and 2022 have been measured as of their respective reporting dates and have not been reevaluated or updated for purposes of these financial statements subsequent to those respective dates. As such, the estimated fair values of these financial instruments subsequent to the respective reporting dates may be different than amounts reported at each year-end. The information presented should not be interpreted as an estimate of the fair value of the entire Company since a fair value calculation is only required for a limited portion of the Company’s assets and liabilities. Due to the wide range of valuation techniques and the degree of subjectivity used in making the estimates, comparisons between the Company’s disclosures and those of other companies may not be meaningful. As of the following dates, the carrying value and fair values of the Company’s financial instruments were: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, ​ ​ 2023 ​ 2022 ​ Carrying Value Fair Value Carrying Value Fair Value Financial Assets: ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents (Level 1) ​ $ 36,143 ​ $ 36,143 ​ $ 31,384 ​ $ 31,384 Available for sale securities (Level 1) ​ 38,309 ​ 38,309 ​ 37,857 ​ 37,857 Available for sale securities (Level 2) ​ 183,733 ​ 183,733 ​ 185,672 ​ 185,672 Available for sale securities (Level 3) ​ 130 ​ 130 ​ 130 ​ 130 Loan level interest rate swaps (Level 2) ​ ​ 5,998 ​ ​ 5,998 ​ ​ 4,548 ​ ​ 4,548 FHLB stock (Level 2) ​ 5,450 ​ 5,450 ​ 3,258 ​ 3,258 Loans, net (Level 3) ​ 1,004,762 ​ 961,407 ​ 994,368 ​ 953,432 Mortgage servicing rights (Level 3) ​ 2,292 ​ 4,877 ​ 2,409 ​ 5,211 Financial Liabilities: ​ ​ ​ ​ Deposits (Level 2) ​ 1,093,524 ​ 1,004,184 ​ 1,129,933 ​ 1,001,455 Mortgagors' escrow accounts (Level 2) ​ 8,670 ​ 8,670 ​ 9,732 ​ 9,723 FHLB advances (Level 2) ​ 106,450 ​ 106,369 ​ 57,723 ​ 57,739 Subordinated debt (Level 2) ​ 5,155 ​ 5,155 ​ 5,155 ​ 5,155 Loan level interest rate swaps (Level 2) ​ ​ 5,998 ​ ​ 5,998 ​ ​ 4,548 ​ ​ 4,548 ​

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	3 Months Ended
	Mar. 31, 2023
Accumulated Other Comprehensive Loss.
Accumulated Other Comprehensive Loss	13. Accumulated Other Comprehensive Loss The activity in accumulated other comprehensive loss for the three months ended March 31, 2023 and 2022 was as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Accumulated Other Comprehensive Loss (1) ​ ​ ​ ​ ​ Unrealized (losses) ​ ​ ​ ​ ​ ​ ​ ​ gains on ​ ​ ​ ​ ​ Defined Benefit ​ available for sale ​ ​ ​ ​ Pension Plan securities Total Balance at December 31, 2022 ​ $ (3,997) ​ $ (28,192) ​ $ (32,189) Other comprehensive income before reclassifications ​ — ​ 2,221 ​ 2,221 Period change ​ — ​ 2,221 ​ 2,221 Balance at March 31, 2023 ​ $ (3,997) ​ $ (25,971) ​ $ (29,968) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at December 31, 2021 ​ $ (3,901) ​ $ (2,734) ​ $ (6,635) Other comprehensive loss before reclassifications ​ — ​ (10,939) ​ (10,939) Period change ​ — ​ (10,939) ​ (10,939) Balance at March 31, 2022 ​ $ (3,901) ​ $ (13,673) ​ $ (17,574) (1) All amounts are net of tax. Related income tax expense or benefit is calculated using an income tax rate of 21.0%. ​ ​ ​

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2023
Earnings Per Share
Earnings Per Share	14. Earnings Per Share Basic earnings per share represent income available to common stockholders divided by the weighted-average number of common shares outstanding during the period. Diluted earnings per share is computed in a manner similar to that of basic earnings per share except that the weighted-average number of common shares outstanding is increased to include the number of incremental shares (computed using the treasury method) that would have been outstanding if all potentially dilutive common stock equivalents (such as options) were issued during the period. Unearned ESOP shares are not deemed outstanding for earnings per share calculations. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, ​ ​ 2023 ​ 2022 Net income applicable to common stock ​ $ 798 ​ $ 2,053 ​ ​ ​ Average number of common shares outstanding ​ 11,228,299 ​ 11,183,583 Less: Average unearned ESOP shares ​ 346,414 ​ 368,235 Average number of common shares outstanding used to calculate basic earnings per common share ​ 10,881,885 ​ 10,815,348 Additional common stock equivalents (nonvested stock) used to calculate diluted earnings per share ​ ​ 34,822 ​ ​ 60,159 Additional common stock equivalents (stock options) used to calculate diluted earnings per share ​ ​ 104,688 ​ ​ 133,805 Weighted-average common shares and common stock equivalents used to calculate diluted earnings per share ​ ​ 11,021,395 ​ ​ 11,009,312 ​ ​ ​ Earnings per Common share: ​ ​ Basic ​ $ 0.07 ​ $ 0.19 Diluted ​ $ 0.07 ​ $ 0.19 ​

Nature of Business and Signif_2

Nature of Business and Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2023
Nature of Business and Significant Accounting Policies
Basis of Financial Statements Presentation	Basis of Financial Statements Presentation The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and general practices within the banking industry. In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities, as of the date of the consolidated statements of financial condition and reported amounts of revenues and expenses for the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for credit losses, the evaluation of goodwill for impairment and the valuation of deferred tax assets.
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary. All significant intercompany accounts and transactions have been eliminated in consolidation.
Reclassifications	Reclassifications Certain amounts in the prior year consolidated financial statements have been reclassified to conform to the current year’s presentation.
Impact of Recent Accounting Pronouncements	Impact of Recent Accounting Pronouncements Adoption of New Accounting Standards in 2023 Effective January 1, 2023, the Company adopted Accounting Standards Update (“ASU”) 2016-13 “ASU 2016-13 Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments”, which replaced the prior incurred loss methodology with an expected loss methodology that is referred to as the current expected credit loss (“CECL” or the “CECL Standard”). The measurement of expected credit losses under the CECL Standard is applicable to financial assets measured at amortized cost, including portfolio loans and investment securities classified as held-to-maturity. It also applies to off-balance sheet credit exposures including loan commitments, standby letters of credit, financial guarantees and other similar instruments. In addition, the CECL Standard changes the accounting for investment securities classified as available for sale ("AFS"), including a requirement that estimated credit losses on AFS securities be presented as an allowance rather than as a direct write-down of the carrying balance of securities which we do not intend to sell, or believe that it is more likely than not, that we will be required to sell. The Company adopted the CECL Standard using the modified retrospective method for all financial assets measured at amortized cost and off-balance sheet credit exposures. Results for reporting periods beginning after January 1, 2023 are presented under the CECL Standard while prior period amounts continue to be reported in accordance with previously applicable accounting guidance. The adoption of the CECL Standard resulted in the following adjustments to our financial statements as of January 1, 2023: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Change in Consolidated ​ ​ ​ ​ Change to Retained Earnings ​ ​ Statement of Condition ​ Tax Effect ​ from Adoption of CECL Allowance for credit losses (loans) ​ $ 580 ​ $ 122 ​ $ 458 ACL (unfunded credit commitments) ​ ​ 221 ​ ​ 46 ​ ​ 175 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total impact of CECL adoption ​ $ 801 ​ $ 168 ​ $ 633 ​ Effective January 1, 2023, the Company adopted ASU 2022-02, “Financial Instruments – Credit Losses (Topic 326), Troubled Debt Restructurings and Vintage Disclosures” (“ASU 2022-02”). ASU 2022-02 eliminates the accounting guidance for troubled debt restructurings (“TDRs”) in ASC 310-40, “Receivables - Troubled Debt Restructurings by Creditors” for entities that have adopted the current expected credit loss (“CECL”) model introduced by ASU 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” (ASU 2016-13”). ASU 2022-02 also requires that public business entities disclose current-period gross charge-offs by year of origination for financing receivables and net investments in leases within the scope of Subtopic 326-20, “Financial Instruments—Credit Losses—Measured at Amortized Cost”. The Company adopted ASU 2022-02 on January 1, 2023. The adoption of ASU 2022-02 did not have a material effect on the Company’s consolidated financial statements.
Emerging Growth Company Status	Emerging Growth Company Status ​ As an emerging growth company, the Company may delay adoption of new or revised financial accounting standards until such date that the standards are required to be adopted by non-issuer companies. If such standards would not apply to non-issuer companies, no deferral would be applicable. The Company is taking advantage of the benefits of the extended transition periods allowed under the Jumpstart Our Business Startups Act. Accordingly, the Company’s consolidated financial statements may not be comparable to those of public companies that adopt new or revised financial accounting standards as of an earlier date. The effective dates of the recent accounting standards reflect those that relate to non-issuer companies.

Nature of Business and Signif_3

Nature of Business and Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2023
Accounting Standards Update 2016-13
Nature Of Business And Significant Accounting Policies [Line Items]
Schedule of adoption of CECL adjustments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Change in Consolidated ​ ​ ​ ​ Change to Retained Earnings ​ ​ Statement of Condition ​ Tax Effect ​ from Adoption of CECL Allowance for credit losses (loans) ​ $ 580 ​ $ 122 ​ $ 458 ACL (unfunded credit commitments) ​ ​ 221 ​ ​ 46 ​ ​ 175 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total impact of CECL adoption ​ $ 801 ​ $ 168 ​ $ 633 ​

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2023
Investment Securities
Schedule of amortized cost, gross unrealized gains and losses and fair values of available for sale securities	The amortized cost, gross unrealized gains and losses and fair values of available for sale securities are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ ​ ​ Gross ​ Gross ​ ​ ​ ​ ​ ​ Unrealized ​ Unrealized ​ ​ ​ Amortized Cost Gains Losses Fair Value U.S. Treasury securities ​ $ 40,148 ​ $ — ​ $ (1,839) ​ $ 38,309 U.S. government agency mortgage-backed securities–residential ​ ​ 169,662 ​ ​ — ​ ​ (27,133) ​ ​ 142,529 U.S. government agency securities ​ 24,783 ​ — ​ (2,010) ​ 22,773 Municipal securities (1) ​ 5,110 ​ — ​ (271) ​ 4,839 Corporate bonds ​ 14,700 ​ — ​ (1,793) ​ 12,907 Other ​ 643 ​ 172 ​ — ​ 815 Total ​ $ 255,046 ​ $ 172 ​ $ (33,046) ​ $ 222,172 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ ​ ​ Gross ​ Gross ​ ​ ​ ​ ​ ​ Unrealized ​ Unrealized ​ ​ ​ Amortized Cost Gains Losses Fair Value U.S. Treasury securities ​ $ 40,172 ​ $ — ​ $ (2,315) ​ $ 37,857 U.S. government agency mortgage-backed securities–residential ​ ​ 173,926 ​ ​ — ​ ​ (29,392) ​ ​ 144,534 U.S. government agency securities ​ ​ 24,785 ​ — ​ (2,336) ​ 22,449 Municipal securities (1) ​ 5,117 ​ — ​ (331) ​ 4,786 Corporate bonds ​ ​ 14,700 ​ — ​ (1,483) ​ 13,217 Other ​ ​ 644 ​ 172 ​ — ​ 816 Total ​ $ 259,344 ​ $ 172 ​ $ (35,857) ​ $ 223,659 (1) The issuers of municipal securities are all within New York State.
Schedule of gross unrealized losses and fair value, securities in continuous unrealized loss position	The following tables present the fair value and unrealized losses of the Company’s available for sale securities with gross unrealized losses aggregated by the length of time the individual securities have been in a continuous unrealized loss position: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ Less Than 12 Months ​ 12 Months or Longer ​ Total ​ ​ ​ ​ Unrealized ​ ​ ​ Unrealized ​ ​ ​ Unrealized ​ Fair Value Losses Fair Value Losses Fair Value Losses U.S. Treasury securities ​ $ — ​ $ — ​ $ 38,309 ​ $ (1,839) ​ $ 38,309 ​ $ (1,839) U.S. government agency mortgage-backed securities-residential ​ ​ 503 ​ ​ (28) ​ ​ 142,026 ​ ​ (27,105) ​ ​ 142,529 ​ ​ (27,133) U.S. government agency securities ​ ​ — ​ ​ — ​ ​ 22,773 ​ ​ (2,010) ​ ​ 22,773 ​ ​ (2,010) Municipal securities ​ ​ 1,529 ​ ​ (1) ​ ​ 3,180 ​ ​ (270) ​ ​ 4,709 ​ ​ (271) Corporate bonds ​ ​ 3,693 ​ ​ (557) ​ ​ 9,214 ​ ​ (1,236) ​ ​ 12,907 ​ ​ (1,793) Total ​ $ 5,725 ​ $ (586) ​ $ 215,502 ​ $ (32,460) ​ $ 221,227 ​ $ (33,046) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ Less Than 12 Months ​ 12 Months or Longer ​ Total ​ ​ ​ ​ Unrealized ​ ​ ​ Unrealized ​ ​ ​ Unrealized ​ Fair Value Losses Fair Value Losses Fair Value Losses U.S. Treasury securities ​ $ — ​ $ — ​ $ 37,857 ​ $ (2,315) ​ $ 37,857 ​ $ (2,315) U.S. government agency mortgage-backed securities-residential ​ ​ 23,384 ​ ​ (2,711) ​ ​ 121,151 ​ ​ (26,681) ​ ​ 144,535 ​ ​ (29,392) U.S. government agency securities ​ ​ 9,160 ​ ​ (869) ​ ​ 13,289 ​ ​ (1,467) ​ ​ 22,449 ​ ​ (2,336) Municipal securities ​ ​ 1,529 ​ ​ (4) ​ ​ 3,127 ​ ​ (327) ​ ​ 4,656 ​ ​ (331) Corporate bonds ​ ​ 6,873 ​ ​ (627) ​ ​ 5,844 ​ ​ (856) ​ ​ 12,717 ​ ​ (1,483) Total ​ $ 40,946 ​ $ (4,211) ​ $ 181,268 ​ $ (31,646) ​ $ 222,214 ​ $ (35,857) ​
Schedule of maturities of debt securities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ December 31, 2022 ​ Amortized Cost Fair Value Amortized Cost Fair Value Maturity: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Within 1 year ​ $ 33,461 ​ $ 32,484 ​ $ 16,923 ​ $ 16,512 After 1 but within 5 years ​ 49,150 ​ 44,497 ​ 46,162 ​ 42,225 After 5 but within 10 years ​ 2,130 ​ 1,847 ​ 21,689 ​ 19,572 After 10 years ​ — ​ — ​ — ​ — Total Maturities ​ 84,741 ​ 78,828 ​ 84,774 ​ 78,309 Mortgage-backed securities ​ 169,662 ​ 142,529 ​ 173,926 ​ 144,534 Other ​ 643 ​ 815 ​ 644 ​ 816 Total ​ $ 255,046 ​ $ 222,172 ​ $ 259,344 ​ $ 223,659 ​

Loans and Allowance for Credi_2

Loans and Allowance for Credit Losses (Tables)	3 Months Ended
	Mar. 31, 2023
Loans and Allowance for Credit Losses
Schedule of summary loan portfolio	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, ​ ​ 2023 2022 ​ Commercial real estate loans: ​ ​ Construction ​ $ 26,243 ​ $ 20,329 ​ Non-residential ​ 298,600 ​ 282,422 ​ Multi-family ​ 71,520 ​ 67,777 ​ Residential real estate loans ​ 56,948 ​ 53,720 ​ Commercial and industrial loans (1) ​ 84,403 ​ 87,982 ​ Consumer loans: ​ ​ ​ Indirect automobile ​ 443,962 ​ 457,223 ​ Home equity ​ 11,531 ​ 11,507 ​ Other consumer ​ 9,285 ​ 9,479 ​ Total gross loans ​ 1,002,492 ​ 990,439 ​ Net deferred loan costs ​ 11,373 ​ 11,872 ​ Allowance for credit losses ​ (9,103) ​ (7,943) ​ Total net loans ​ $ 1,004,762 ​ $ 994,368 ​ (1) Includes $478 and $537 in U.S. Small Business Administration (“SBA”), paycheck protection program (“PPP”) loans at March 31, 2023 and December 31, 2022, respectively.
Schedule of classes of the loan portfolio by the aging categories of performing loans and nonaccrual loans	The following tables present the classes of the loan portfolio summarized by the aging categories of performing loans and non-accrual loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ Greater Than ​ ​ ​ ​ ​ ​ ​ ​ 30-59 Days ​ 60-89 Days ​ 90 Days Past ​ Total Loans ​ ​ ​ Current Past Due Past Due Due Receivable Non-accrual Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 26,243 ​ $ — ​ $ — ​ $ — ​ $ 26,243 ​ $ — Non-residential ​ ​ 294,711 ​ ​ 1,826 ​ ​ 715 ​ ​ 1,348 ​ ​ 298,600 ​ ​ 1,817 Multifamily ​ ​ 70,791 ​ ​ 729 ​ ​ — ​ ​ — ​ ​ 71,520 ​ ​ — Residential real estate ​ 55,798 ​ 95 ​ 290 ​ 765 ​ 56,948 ​ 1,946 Commercial and industrial ​ 83,957 ​ 271 ​ — ​ 175 ​ 84,403 ​ 1,150 Consumer: ​ ​ ​ ​ ​ ​ ​ ​ Indirect automobile ​ 435,207 ​ 7,344 ​ ​ 1,031 ​ 380 ​ 443,962 ​ 434 Home equity ​ 11,188 ​ 167 ​ ​ — ​ 176 ​ 11,531 ​ 176 Other consumer ​ 9,130 ​ 92 ​ 15 ​ 48 ​ 9,285 ​ 48 Total ​ $ 987,025 ​ $ 10,524 ​ $ 2,051 ​ $ 2,892 ​ $ 1,002,492 ​ $ 5,571 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ Greater Than ​ ​ ​ ​ ​ ​ ​ ​ 30-59 Days ​ 60-89 Days ​ 90 Days Past ​ Total Loans ​ ​ ​ Current Past Due Past Due Due Receivable Non-accrual Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 20,329 ​ $ — ​ $ — ​ $ — ​ $ 20,329 ​ $ — Non-residential ​ ​ 275,860 ​ ​ 4,701 ​ ​ 479 ​ ​ 1,382 ​ ​ 282,422 ​ ​ 1,382 Multifamily ​ ​ 67,413 ​ ​ 364 ​ ​ — ​ ​ — ​ ​ 67,777 ​ ​ — Residential real estate ​ 51,476 ​ 1,417 ​ 246 ​ 581 ​ 53,720 ​ 1,794 Commercial and industrial ​ 87,742 ​ 57 ​ — ​ 183 ​ 87,982 ​ 183 Consumer: ​ ​ ​ ​ ​ ​ ​ ​ Indirect automobile ​ 444,418 ​ 10,714 ​ ​ 1,389 ​ 702 ​ 457,223 ​ 797 Home equity ​ 11,279 ​ 51 ​ ​ 58 ​ 119 ​ 11,507 ​ 217 Other consumer ​ 9,208 ​ 149 ​ 71 ​ 51 ​ 9,479 ​ 51 Total ​ $ 967,725 ​ $ 17,453 ​ $ 2,243 ​ $ 3,018 ​ $ 990,439 ​ $ 4,424
Schedule of amortized cost basis of individually analyzed loans and related ACL	The following table presents the Company’s amortized cost basis of individually analyzed loans and related ACL at March 31, 2023: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ Individually analyzed loans Related ACL Commercial real estate: ​ ​ Non-residential ​ $ 1,817 ​ $ — Residential real estate ​ ​ 1,946 ​ ​ — Commercial and industrial ​ ​ 1,150 ​ ​ 710 Consumer: ​ ​ ​ Indirect automobile ​ ​ 434 ​ ​ 39 Home equity ​ ​ 274 ​ ​ — Other consumer ​ ​ 48 ​ ​ — Total ​ $ 5,669 ​ $ 749
Schedule of amortized cost basis of only those individually analyzed loans with a related ACL	The following table presents the Company’s amortized cost basis of only those individually analyzed loans with a related ACL at March 31, 2023: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ Individually analyzed loans Related ACL Commercial and industrial ​ $ 975 ​ $ 710 Consumer: ​ ​ ​ Indirect automobile ​ ​ 201 ​ ​ 39 Total ​ $ 1,176 ​ $ 749 ​
Schedule of information to impaired loans by loan portfolio class	Impaired loans disclosures presented below as of December 31, 2022 represent requirements prior to the adoption of CECL on January 1, 2023. The following table summarizes information regarding impaired loans by loan portfolio class: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ Recorded ​ Unpaid Principal ​ Related ​ Average Recorded ​ Investment Balance Allowance Investment With no related allowance recorded: ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ Non-residential ​ $ 1,382 ​ $ 2,472 ​ $ — ​ $ 1,967 Residential real estate ​ 1,794 ​ 2,445 ​ — ​ 1,890 Commercial and industrial ​ 183 ​ 242 ​ — ​ 309 Consumer: ​ ​ ​ ​ ​ ​ Indirect automobile ​ 371 ​ 439 ​ — ​ 336 Home equity ​ 217 ​ 219 ​ — ​ 146 Other consumer ​ 49 ​ 53 ​ — ​ 38 Total ​ $ 3,996 ​ $ 5,870 ​ $ — ​ $ 4,686 With an allowance recorded: ​ ​ ​ ​ Commercial real estate: ​ ​ ​ ​ Commercial and industrial ​ $ — ​ $ — ​ $ — ​ $ 114 Consumer: ​ ​ ​ ​ ​ ​ Indirect automobile ​ ​ 426 ​ ​ 435 ​ ​ 107 ​ ​ 293 Other consumer ​ 2 ​ 2 ​ 2 ​ 11 Total ​ $ 428 ​ $ 437 ​ $ 109 ​ $ 418 Total: ​ ​ ​ ​ Commercial real estate: ​ ​ ​ ​ Non-residential ​ $ 1,382 ​ $ 2,472 ​ $ — ​ $ 1,967 Residential real estate ​ 1,794 ​ 2,445 ​ — ​ 1,890 Commercial and industrial ​ 183 ​ 242 ​ — ​ 423 Consumer: ​ ​ ​ ​ Indirect automobile ​ 797 ​ 874 ​ 107 ​ 629 Home equity ​ 217 ​ 219 ​ — ​ 146 Other consumer ​ 51 ​ 55 ​ 2 ​ 49 Total ​ $ 4,424 ​ $ 6,307 ​ $ 109 ​ $ 5,104 ​
Schedule of loan balances by segment	Activity in the Company’s ACL for loans for the three months ended March 31, 2023 is summarized in the table below. The Adoption of the CECL Standard row presents adjustments recorded on January 1, 2023 through retained earnings. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial ​ Residential ​ Commercial ​ ​ ​ ​ ​ ​ ​ Real Estate Real Estate and Industrial Indirect Consumer Totals ​ ​ Three months ended March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 3,031 ​ $ 103 ​ $ 881 ​ $ 3,868 ​ $ 60 ​ $ 7,943 Adoption of CECL standard ​ ​ (860) ​ ​ 54 ​ ​ (383) ​ ​ 1,710 ​ ​ 59 ​ ​ 580 Provision for credit losses ​ ​ 170 ​ ​ 13 ​ ​ 703 ​ ​ 104 ​ ​ 4 ​ ​ 994 Loans charged-off ​ ​ — ​ ​ — ​ ​ — ​ ​ (989) ​ ​ (22) ​ ​ (1,011) Recoveries ​ — ​ — ​ — ​ 585 ​ 12 ​ 597 Ending balance ​ $ 2,341 ​ $ 170 ​ $ 1,201 ​ $ 5,278 ​ $ 113 ​ $ 9,103 Ending balance: ​ ​ ​ ​ ​ ​ Loans individually analyzed ​ $ — ​ $ — ​ $ 710 ​ $ 39 ​ $ — ​ $ 749 Loans collectively analyzed ​ $ 2,341 ​ $ 170 ​ $ 491 ​ $ 5,239 ​ $ 113 ​ $ 8,354 Loan receivables: ​ ​ ​ ​ ​ ​ Ending balance ​ $ 396,363 ​ $ 56,948 ​ $ 84,403 ​ $ 443,962 ​ $ 20,816 ​ $ 1,002,492 Ending balance: ​ ​ ​ ​ ​ ​ ​ Loans individually analyzed ​ $ 1,817 ​ $ 1,946 ​ $ 1,150 ​ $ 434 ​ $ 322 ​ $ 5,669 Loans collectively analyzed ​ $ 394,546 ​ $ 55,002 ​ $ 83,253 ​ $ 443,528 ​ $ 20,494 ​ $ 996,823 ​ ​ Activity in the Company’s allowance for loan losses for the three months ended March 31, 2022 and December 31, 2022 is summarized in the tables below. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial ​ Residential ​ Commercial ​ ​ ​ ​ ​ ​ ​ Real Estate Real Estate and Industrial ​ Indirect ​ Consumer Totals ​ ​ Three months ended March 31, 2022 Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 3,317 ​ $ 54 ​ $ 725 ​ $ 3,416 ​ $ 47 ​ $ 7,559 (Credit to) provision for loan losses ​ ​ (3) ​ ​ (109) ​ ​ 18 ​ ​ 295 ​ ​ 20 ​ ​ 221 Loans charged-off ​ ​ — ​ ​ (44) ​ ​ — ​ ​ (647) ​ ​ (23) ​ ​ (714) Recoveries ​ — ​ 154 ​ — ​ 471 ​ 9 ​ 634 Ending balance ​ $ 3,314 ​ $ 55 ​ $ 743 ​ $ 3,535 ​ $ 53 ​ $ 7,700 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial ​ Residential ​ Commercial ​ ​ ​ ​ ​ ​ ​ Real Estate Real Estate and Industrial Indirect Consumer Totals ​ ​ December 31, 2022 Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Ending balance: ​ ​ ​ ​ ​ ​ Loans deemed impaired ​ $ — ​ $ — ​ $ — ​ $ 107 ​ $ 2 ​ $ 109 Loans not deemed impaired ​ $ 3,031 ​ $ 103 ​ $ 881 ​ $ 3,761 ​ $ 58 ​ $ 7,834 Loan receivables: ​ ​ ​ ​ ​ ​ Ending balance ​ $ 370,528 ​ $ 53,720 ​ $ 87,982 ​ $ 457,223 ​ $ 20,986 ​ $ 990,439 Ending balance: ​ ​ ​ ​ ​ ​ ​ Loans deemed impaired ​ $ 1,382 ​ $ 1,794 ​ $ 183 ​ $ 797 ​ $ 268 ​ $ 4,424 Loans not deemed impaired ​ $ 369,146 ​ $ 51,926 ​ $ 87,799 ​ $ 456,426 ​ $ 20,718 ​ $ 986,015 ​
Summary of provision for credit losses	The following table summarizes the provision for credit losses for the three months ended March 31, 2023 and 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, ​ 2023 2022 Provision for credit losses - loans ​ $ 994 ​ $ 221 Provision for credit losses - unfunded commitments ​ ​ 20 ​ ​ — Provision for credit losses ​ $ 1,014 ​ $ 221
Schedule of loans by risk rating and portfolio segment	The following table presents the credit risk profile of the Company’s loan portfolio (excluding loans in process and deferred loan fees) based on rating category, as well as gross write-offs, by fiscal year of origination as of March 31, 2023. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving ​ ​ ​ ​ ​ Loans by Origination Year ​ Loans ​ ​ ​ ​ ​ 2023 ​ 2022 ​ 2021 ​ 2020 ​ 2019 ​ Prior ​ Amortized Cost ​ Total Commercial construction ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ - ​ $ 3,118 ​ $ - ​ $ - ​ $ - ​ $ - ​ $ - ​ $ 3,118 Watch ​ ​ - ​ ​ 11,649 ​ ​ 11,476 ​ ​ - ​ ​ - ​ ​ - ​ ​ - ​ ​ 23,125 Total commercial construction ​ ​ - ​ ​ 14,767 ​ ​ 11,476 ​ ​ - ​ ​ - ​ ​ - ​ ​ - ​ ​ 26,243 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial non-residential ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 22,338 ​ $ 44,753 ​ $ 27,328 ​ $ 18,121 ​ $ 41,308 ​ $ 51,378 ​ $ - ​ $ 205,226 Watch ​ ​ 2,372 ​ ​ 9,489 ​ ​ 8,043 ​ ​ 12,943 ​ ​ 8,699 ​ ​ 41,064 ​ ​ - ​ ​ 82,610 Special mention ​ ​ - ​ ​ - ​ ​ - ​ ​ - ​ ​ 5,994 ​ ​ 1,494 ​ ​ - ​ ​ 7,488 Substandard ​ ​ - ​ ​ - ​ ​ - ​ ​ - ​ ​ 485 ​ ​ 2,791 ​ ​ - ​ ​ 3,276 Total commercial non-residential ​ ​ 24,710 ​ ​ 54,242 ​ ​ 35,371 ​ ​ 31,064 ​ ​ 56,486 ​ ​ 96,727 ​ ​ - ​ ​ 298,600 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Multifamily ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 824 ​ $ 19,017 ​ $ 30,923 ​ $ 2,152 ​ $ 1,576 ​ $ 5,222 ​ $ - ​ $ 59,714 Watch ​ ​ - ​ ​ - ​ ​ 755 ​ ​ - ​ ​ 1,302 ​ ​ 9,749 ​ ​ - ​ ​ 11,806 Total multifamily ​ ​ 824 ​ ​ 19,017 ​ ​ 31,678 ​ ​ 2,152 ​ ​ 2,878 ​ ​ 14,971 ​ ​ - ​ ​ 71,520 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Performing ​ $ 4,801 ​ $ 26,667 ​ $ 2,619 ​ $ 2,787 ​ $ 2,670 ​ $ 15,458 ​ $ - ​ $ 55,002 Non-performing ​ ​ - ​ ​ - ​ ​ - ​ ​ - ​ ​ - ​ ​ 1,946 ​ ​ - ​ ​ 1,946 Total residential ​ ​ 4,801 ​ ​ 26,667 ​ ​ 2,619 ​ ​ 2,787 ​ ​ 2,670 ​ ​ 17,404 ​ ​ - ​ ​ 56,948 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial and industrial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 3,579 ​ $ 23,853 ​ $ 14,104 ​ $ 2,141 ​ $ 1,753 ​ $ 5,301 ​ $ 17,273 ​ $ 68,004 Watch ​ ​ 492 ​ ​ 2,705 ​ ​ 319 ​ ​ 765 ​ ​ 802 ​ ​ 2,644 ​ ​ 6,780 ​ ​ 14,507 Special mention ​ ​ - ​ ​ - ​ ​ 377 ​ ​ 13 ​ ​ 59 ​ ​ 64 ​ ​ - ​ ​ 513 Substandard ​ ​ - ​ ​ - ​ ​ 975 ​ ​ - ​ ​ 153 ​ ​ 203 ​ ​ 48 ​ ​ 1,379 Total commercial and industrial ​ ​ 4,071 ​ ​ 26,558 ​ ​ 15,775 ​ ​ 2,919 ​ ​ 2,767 ​ ​ 8,212 ​ ​ 24,101 ​ ​ 84,403 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Indirect automobile ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Performing ​ $ 33,383 ​ $ 206,728 ​ $ 100,427 ​ $ 52,928 ​ $ 34,117 ​ $ 15,945 ​ $ - ​ $ 443,528 Non-performing ​ ​ - ​ ​ 162 ​ ​ 106 ​ ​ 21 ​ ​ 110 ​ ​ 35 ​ ​ - ​ ​ 434 Total indirect automobile ​ ​ 33,383 ​ ​ 206,890 ​ ​ 100,533 ​ ​ 52,949 ​ ​ 34,227 ​ ​ 15,980 ​ ​ - ​ ​ 443,962 Current-period gross write-offs ​ ​ - ​ ​ 359 ​ ​ 303 ​ ​ 158 ​ ​ 94 ​ ​ 75 ​ ​ - ​ ​ 989 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Home equity ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Performing ​ $ - ​ $ - ​ $ - ​ $ - ​ $ 35 ​ $ 238 ​ $ 11,082 ​ $ 11,355 Non-performing ​ ​ - ​ ​ - ​ ​ - ​ ​ - ​ ​ - ​ ​ - ​ ​ 176 ​ ​ 176 Total home equity ​ ​ - ​ ​ - ​ ​ - ​ ​ - ​ ​ 35 ​ ​ 238 ​ ​ 11,258 ​ ​ 11,531 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other consumer ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Performing ​ $ 829 ​ $ 5,023 ​ $ 1,520 ​ $ 961 ​ $ 256 ​ $ 414 ​ $ 234 ​ $ 9,237 Non-performing ​ ​ - ​ ​ - ​ ​ - ​ ​ 23 ​ ​ - ​ ​ 25 ​ ​ - ​ ​ 48 Total other consumer ​ ​ 829 ​ ​ 5,023 ​ ​ 1,520 ​ ​ 984 ​ ​ 256 ​ ​ 439 ​ ​ 234 ​ ​ 9,285 Current-period gross write-offs ​ ​ - ​ ​ 11 ​ ​ - ​ ​ 11 ​ ​ - ​ ​ - ​ ​ - ​ ​ 22 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loans ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass/performing ​ $ 65,754 ​ $ 329,159 ​ $ 176,921 ​ $ 79,090 ​ $ 81,715 ​ $ 93,956 ​ $ 28,589 ​ $ 855,184 Watch ​ ​ 2,864 ​ ​ 23,843 ​ ​ 20,593 ​ ​ 13,708 ​ ​ 10,803 ​ ​ 53,457 ​ ​ 6,780 ​ ​ 132,048 Special mention ​ ​ 0 ​ ​ 0 ​ ​ 377 ​ ​ 13 ​ ​ 6,053 ​ ​ 1,558 ​ ​ 0 ​ ​ 8,001 Substandard ​ ​ 0 ​ ​ 0 ​ ​ 975 ​ ​ 0 ​ ​ 638 ​ ​ 2,994 ​ ​ 48 ​ ​ 4,655 Non-performing ​ ​ 0 ​ ​ 162 ​ ​ 106 ​ ​ 44 ​ ​ 110 ​ ​ 2,006 ​ ​ 176 ​ ​ 2,604 Total Loans ​ $ 68,618 ​ $ 353,164 ​ $ 198,972 ​ $ 92,855 ​ $ 99,319 ​ $ 153,971 ​ $ 35,593 ​ $ 1,002,492 Total Current-period gross write-offs ​ $ 0 ​ $ 370 ​ $ 303 ​ $ 169 ​ $ 94 ​ $ 75 ​ $ - ​ $ 1,011 ​ The following table presents the classes of the loan portfolio summarized by the pass category and the criticized categories of special mention and substandard within the internal risk system: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ Pass Special Mention Substandard Total Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 20,329 ​ $ — ​ $ — ​ $ 20,329 Non-residential ​ ​ 271,491 ​ ​ 7,904 ​ ​ 3,027 ​ ​ 282,422 Multifamily ​ 67,777 ​ — ​ — ​ 67,777 Residential real estate ​ 52,265 ​ — ​ 1,455 ​ 53,720 Commercial and industrial ​ 83,680 ​ 3,825 ​ 477 ​ 87,982 Consumer: ​ ​ ​ ​ ​ Indirect automobile ​ 456,112 ​ — ​ 1,111 ​ 457,223 Home equity ​ 11,290 ​ — ​ 217 ​ 11,507 Other consumer ​ 9,428 ​ — ​ 51 ​ 9,479 Total ​ $ 972,372 ​ $ 11,729 ​ $ 6,338 ​ $ 990,439

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2023
Goodwill and Intangible Assets
Schedule of changes in the carrying value of goodwill	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Year Ended ​ ​ ​ March 31, ​ December 31, ​ 2023 2022 Beginning balance ​ ​ $ 2,235 ​ $ 2,235 Activity during the period ​ ​ — ​ — ​ ​ ​ ​ Ending balance ​ ​ $ 2,235 ​ $ 2,235 ​
Schedule of changes in the carrying value of customer list and core deposit intangibles	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Year Ended ​ ​ March 31, ​ December 31, ​ 2023 2022 Beginning balance ​ $ 334 ​ $ 433 Amortization ​ (24) ​ (99) ​ ​ ​ Ending balance ​ $ 310 ​ $ 334 Accumulated amortization and impairment ​ $ 123 ​ $ 99 ​
Schedule of future amortization expense for amortizable intangible assets	​ ​ ​ ​ ​ 2023 $ 64 2024 ​ 79 2025 ​ 60 2026 ​ 29 2027 ​ 21 Thereafter ​ ​ 57 Total ​ $ 310

Premises and Equipment (Tables)

Premises and Equipment (Tables)	3 Months Ended
	Mar. 31, 2023
Premises and Equipment
Schedule of premises and equipment	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, ​ ​ 2023 2022 ​ Land ​ $ 3,732 ​ $ 3,732 ​ Buildings and improvements ​ 27,617 ​ 27,617 ​ Furniture, fixtures and equipment ​ 14,670 ​ 14,652 ​ Construction in process ​ 265 ​ 230 ​ Total ​ 46,284 ​ 46,231 ​ Less accumulated depreciation ​ (27,867) ​ (27,509) ​ Net ​ $ 18,417 ​ $ 18,722 ​

Deposits (Tables)

Deposits (Tables)	3 Months Ended
	Mar. 31, 2023
Deposits
Schedule of deposits	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, ​ 2023 2022 Non-interest bearing demand deposits ​ $ 269,743 ​ $ 283,563 Interest bearing accounts: ​ ​ NOW ​ 140,396 ​ 156,285 Savings ​ 169,296 ​ 176,916 Money market ​ 229,988 ​ 296,787 Time certificates of deposit ​ 284,101 ​ 216,382 Total interest bearing accounts ​ 823,781 ​ 846,370 Total deposits ​ $ 1,093,524 ​ $ 1,129,933 ​
Schedule of contractual maturities of time certificates of deposit	​ ​ ​ ​ ​ ​ ​ March 31, ​ 2023 Within 1 year ​ $ 240,967 1 – 2 years ​ 37,879 2 – 3 years ​ 2,983 3 – 4 years ​ 1,259 4 – 5 years ​ 1,013 Total ​ $ 284,101

Long-Term Debt and FHLB Stock (

Long-Term Debt and FHLB Stock (Tables)	3 Months Ended
	Mar. 31, 2023
Long-Term Debt and FHLB Stock
Schedule of outstanding principal amounts and related terms of FHLBNY borrowings	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Term Principal Maturity Rate ​ Due in one year Long term Fixed short-term ​ ​ 10,000 ​ April 3, 2023 ​ 4.72 % ​ ​ 10,000 ​ ​ — Fixed short-term ​ ​ 10,000 ​ May 15, 2023 ​ 4.87 % ​ ​ 10,000 ​ ​ — Fixed medium-term ​ ​ 722 ​ October 31, 2025 ​ 4.87 % ​ ​ — ​ ​ 722 Fixed medium-term ​ ​ 5,000 ​ November 3, 2025 ​ 4.87 % ​ ​ — ​ ​ 5,000 Fixed medium-term ​ ​ 728 ​ December 5, 2025 ​ 4.34 % ​ ​ — ​ ​ 728 Fixed short-term ​ ​ 10,000 ​ September 5, 2023 ​ 5.38 % ​ ​ 10,000 ​ ​ — Fixed medium-term ​ ​ 20,000 ​ March 20, 2025 ​ 4.47 % ​ ​ — ​ ​ 20,000 Fixed medium-term ​ ​ 20,000 ​ March 21, 2024 ​ 5.18 % ​ ​ 20,000 ​ ​ — Fixed short-term ​ ​ 10,000 ​ August 21, 2023 ​ 5.23 % ​ ​ 10,000 ​ ​ — Fixed short-term ​ ​ 10,000 ​ October 23, 2023 ​ 5.23 % ​ ​ 10,000 ​ ​ — Fixed short-term ​ ​ 10,000 ​ December 21, 2023 ​ 5.24 % ​ ​ 10,000 ​ ​ — Total ​ $ 106,450 ​ Weighted Average Rate 4.99 % ​ $ 80,000 ​ $ 26,450 ​

Employee Benefits (Tables)

Employee Benefits (Tables)	3 Months Ended
	Mar. 31, 2023
Employee Benefits
Schedule of plan's funded status and amounts recognized in consolidated statement of financial condition	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, ​ ​ 2023 2022 ​ Projected and accumulated benefit obligation ​ $ (18,037) ​ $ (17,138) ​ Plan assets at fair value ​ 17,729 ​ 16,906 ​ Funded status included in accrued expenses and other liabilities ​ $ (308) ​ $ (232) ​ ​
Schedule of net periodic pension (benefit) cost and amounts recognized in other comprehensive income	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended March 31, ​ 2023 2022 Interest cost ​ $ 215 ​ $ 158 Expected return on plan assets ​ (232) ​ (252) Amortization of unrecognized loss ​ 93 ​ 67 Net periodic cost (benefit) ​ $ 76 ​ $ (27) ​
Schedule of fair value of pension plan assets, by fair value hierarchy	The fair value of the Company’s pension plan assets, by fair value hierarchy, are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ Level 1 Level 2 Level 3 Total Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Investment in separate accounts ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fixed income ​ $ 12,015 ​ $ — ​ $ — ​ $ 12,015 Equity ​ 5,714 ​ — ​ — ​ 5,714 Total assets at fair value ​ $ 17,729 ​ $ — ​ $ — ​ $ 17,729 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ Level 1 Level 2 Level 3 Total Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Investment in separate accounts ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fixed income ​ $ 11,600 ​ $ — ​ $ — ​ $ 11,600 Equity ​ 5,306 ​ — ​ — ​ 5,306 Total assets at fair value ​ $ 16,906 ​ $ — ​ $ — ​ $ 16,906 ​
Schedule of employee stock ownership plan	​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, ​ ​ 2023 2022 Allocated ​ 87,284 65,463 Committed to be allocated ​ 5,454 21,821 Unallocated ​ 343,687 349,141 Paid out to participants ​ (4,376) ​ (4,376) Total shares ​ 432,049 432,049 ​
Summary of options	A summary of options under the 2020 EIP as of March 31, 2023 is presented below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted - ​ Weighted-Average ​ ​ Number of ​ Average ​ Remaining Contractual ​ ​ Shares ​ Exercise Price ​ Term (in Years) Options outstanding at beginning of year ​ 437,930 ​ $ 6.62 ​ 7.66 Granted ​ - ​ ​ - ​ - Exercised ​ - ​ ​ - ​ - Forfeited ​ (667) ​ ​ 6.57 ​ - Options outstanding at March 31, 2023 ​ 437,263 ​ $ 6.62 ​ 7.40 Options exercisable at March 31, 2023 ​ 290,126 ​ $ 6.62 ​ 7.40 ​
Summary of Company's restricted stock activity	The following table summarizes the Company’s restricted stock activity for the three months ended March 31, 2023: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted-Average ​ ​ Number ​ ​ Grant Date ​ ​ of Shares ​ ​ Fair Value per Share Non-vested restricted stock at beginning of year ​ 56,266 ​ $ 6.57 Granted ​ - ​ - Vested ​ - ​ - Forfeited ​ (334) ​ 6.57 Non-vested restricted stock at March 31, 2023 ​ 55,932 ​ $ 6.57 ​

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2023
Leases
Schedule of future minimum payments for operating leases	​ ​ ​ ​ ​ Years ending December 31: ​ ​ 2023 ​ $ 571 2024 ​ 764 2025 ​ 739 2026 ​ 720 2027 ​ 676 Thereafter ​ 4,394 Total future minimum lease payments ​ ​ 7,864 Amounts representing interest ​ ​ (1,114) Present Value of Net Future Minimum Lease Payments ​ $ 6,750

Commitments and Contingencies_2

Commitments and Contingencies and Derivatives (Tables)	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies and Derivatives
Schedule of contract amounts represent off-balance sheet credit risk	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, ​ ​ 2023 2022 ​ Commitments to extend credit summarized as follows: ​ ​ ​ ​ ​ ​ ​ Future loan commitments ​ $ 5,973 ​ $ 3,815 ​ Undisbursed construction loans ​ 33,989 ​ 30,274 ​ Undisbursed home equity lines of credit ​ 9,692 ​ 9,561 ​ Undisbursed commercial and other line of credit ​ 91,318 ​ 77,719 ​ Standby letters of credit ​ 5,244 ​ 4,571 ​ Loans sold with recourse ​ 726 ​ 276 ​ Total ​ $ 146,942 ​ $ 126,216 ​ ​
Schedule of unfunded commitments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial ​ Commercial ​ ​ ​ ​ Real Estate Residential and Industrial Indirect Consumer Totals ​ Three months ended March 31, 2023 Allowance for credit losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Adoption of CECL standard ​ ​ 149 ​ ​ — ​ ​ 65 ​ ​ — ​ ​ 7 ​ ​ 221 Provision for credit losses ​ ​ 19 ​ ​ — ​ ​ 1 ​ ​ — ​ ​ — ​ ​ 20 Ending balance ​ $ 168 ​ $ — ​ $ 66 ​ $ — ​ $ 7 ​ $ 241 ​
Schedule of information regarding derivatives	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, ​ ​ 2023 ​ 2022 ​ Notational amount ​ $ 32,436 ​ ​ $ 26,541 ​ Fair value ​ $ 3,282 ​ ​ $ 3,578 ​ Weighted average pay rates ​ ​ 4.10 % ​ ​ 3.69 % Weighted average receive rates ​ ​ 6.80 % ​ ​ 6.30 % Weighted average maturity (in years) ​ ​ 8.81 ​ ​ ​ 8.79 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Number of Contracts ​ ​ 8 ​ ​ ​ 7 ​ ​

Regulatory Matters (Tables)

Regulatory Matters (Tables)	3 Months Ended
	Mar. 31, 2023
Regulatory Matters
Schedule of actual capital amounts and ratios	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ To be Well Capitalized under ​ ​ ​ ​ ​ ​ ​ For Capital Adequacy ​ Prompt Corrective Action ​ ​ Actual ​ Purposes ​ Provisions ​ Amount Ratio Amount Ratio Amount Ratio ​ ​ March 31, 2023 Rhinebeck Bank ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total capital (to risk-weighted assets) ​ $ 141,259 12.16 % $ 92,932 8.00 % $ 116,165 10.00 % Tier 1 capital (to risk-weighted assets) ​ 131,914 11.36 % 69,699 6.00 % 92,932 8.00 % Common equity tier one capital (to risk weighted assets) ​ 131,914 11.36 % 52,274 4.50 % 75,508 6.50 % Tier 1 capital (to average assets) ​ 131,914 9.68 % 54,525 4.00 % 68,156 5.00 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 Rhinebeck Bank ​ ​ ​ ​ Total capital (to risk-weighted assets) ​ $ 139,257 12.25 % $ 90,980 8.00 % $ 113,725 10.00 % Tier 1 capital (to risk-weighted assets) ​ 131,314 11.55 % 68,235 6.00 % 90,980 8.00 % Common equity tier one capital (to risk weighted assets) ​ 131,314 11.55 % 51,176 4.50 % 73,921 6.50 % Tier 1 capital (to average assets) ​ 131,314 9.75 % 53,868 4.00 % 67,335 5.00 %

Fair Value (Tables)

Fair Value (Tables)	3 Months Ended
	Mar. 31, 2023
Fair Value
Schedule of assets carried at fair value on a recurring basis	The following tables detail the assets that are carried at fair value on a recurring basis as of the periods shown and indicate the fair value hierarchy of the valuation techniques utilized by the Company to determine the fair value: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices in ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Active Markets ​ Significant ​ Significant ​ ​ ​ ​ ​ for Identical ​ Observable ​ Unobservable ​ Balance Assets (Level 1) Inputs (Level 2) Inputs (Level 3) ​ ​ March 31, 2023 Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities ​ $ 38,309 ​ $ 38,309 ​ $ — ​ $ — U.S. government agency mortgage-backed securities-residential ​ ​ 142,529 ​ ​ — ​ ​ 142,529 ​ ​ — U.S. government agency securities ​ 22,773 ​ — ​ 22,773 ​ — Municipal securities ​ 4,839 ​ — ​ 4,709 ​ 130 Corporate Bonds ​ ​ 12,907 ​ ​ — ​ ​ 12,907 ​ ​ — Other ​ 815 ​ — ​ 815 ​ — Total available for sale securities ​ ​ 222,172 ​ ​ 38,309 ​ ​ 183,733 ​ ​ 130 Loan level interest rate swaps ​ ​ 5,998 ​ ​ — ​ ​ 5,998 ​ ​ — Total assets ​ $ 228,170 ​ $ 38,309 ​ $ 189,731 ​ $ 130 Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loan level interest rate swaps ​ $ 5,998 ​ $ — ​ $ 5,998 ​ $ — Total liabilities ​ $ 5,998 ​ $ — ​ $ 5,998 ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities ​ $ 37,857 ​ $ 37,857 ​ $ — ​ $ — U.S. government agency mortgage-backed securities – residential ​ ​ 144,534 ​ ​ — ​ ​ 144,534 ​ ​ — U.S. government agency securities ​ 22,449 ​ — ​ 22,449 ​ — Municipal securities ​ 4,786 ​ — ​ 4,656 ​ 130 Corporate Bonds ​ ​ 13,217 ​ ​ — ​ ​ 13,217 ​ ​ — Other ​ 816 ​ — ​ 816 ​ — Total available for sale securities ​ ​ 223,659 ​ ​ 37,857 ​ ​ 185,672 ​ ​ 130 Loan level interest rate swaps ​ ​ 4,548 ​ ​ — ​ ​ 4,548 ​ ​ — Total assets ​ $ 228,207 ​ $ 37,857 ​ $ 190,220 ​ $ 130 Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loan level interest rate swaps ​ $ 4,548 ​ $ — ​ $ 4,548 ​ $ — Total liabilities ​ $ 4,548 ​ $ — ​ $ 4,548 ​ $ — ​
Schedule of assets carried at fair value and measured at fair value on a nonrecurring basis	The following tables detail the assets carried at fair value and measured at fair value on a nonrecurring basis as of March 31, 2023 and December 31, 2022 and indicate the fair value hierarchy of the valuation techniques utilized by the Company to determine the fair value: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices in ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Active Markets ​ Significant ​ Significant ​ ​ ​ ​ ​ for Identical ​ Observable ​ Unobservable ​ Balance Assets (Level 1) Inputs (Level 2) Inputs (Level 3) ​ ​ March 31, 2023 Individually analyzed loans, with specific reserves ​ $ 427 ​ $ — ​ $ — ​ $ 427 Total ​ $ 427 ​ $ — ​ $ — ​ $ 427 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 Impaired loans, with specific reserves ​ $ 319 ​ $ — ​ $ — ​ $ 319 Total ​ $ 319 ​ $ — ​ $ — ​ $ 319 ​
Schedule of additional quantitative information about assets measured at fair value on a nonrecurring basis	The following table presents additional quantitative information about assets measured at fair value on a nonrecurring basis and for which the Company has utilized Level 3 inputs to determine fair value: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quantitative Information About Level 3 Fair Value Measurements ​ ​ Fair Value ​ Valuation ​ Unobservable ​ Range ​ Estimate Techniques Input (Weighted Average) ​ ​ March 31, 2023 Individually analyzed loans, with specific reserves ​ $ 427 Appraisal of collateral (1) Liquidation expenses (3) 0% to 6% ​ ​ ​ ​ ​ ​ ​ Appraisal adjustments (2) 0% to 20% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 Impaired loans ​ $ 319 Appraisal of collateral (1) Liquidation expenses (3) 0% to 6% ​ ​ ​ ​ ​ ​ ​ Appraisal adjustments (2) 0% to 20% (1) Fair value is generally through independent appraisals of the underlying collateral that generally 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 of liquidation expenses and other appraisal adjustments are presented as a percent of the appraised value. (3) Estimated costs to sell.
Schedule of carrying value and fair values of the financial instruments	As of the following dates, the carrying value and fair values of the Company’s financial instruments were: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, ​ December 31, ​ ​ 2023 ​ 2022 ​ Carrying Value Fair Value Carrying Value Fair Value Financial Assets: ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents (Level 1) ​ $ 36,143 ​ $ 36,143 ​ $ 31,384 ​ $ 31,384 Available for sale securities (Level 1) ​ 38,309 ​ 38,309 ​ 37,857 ​ 37,857 Available for sale securities (Level 2) ​ 183,733 ​ 183,733 ​ 185,672 ​ 185,672 Available for sale securities (Level 3) ​ 130 ​ 130 ​ 130 ​ 130 Loan level interest rate swaps (Level 2) ​ ​ 5,998 ​ ​ 5,998 ​ ​ 4,548 ​ ​ 4,548 FHLB stock (Level 2) ​ 5,450 ​ 5,450 ​ 3,258 ​ 3,258 Loans, net (Level 3) ​ 1,004,762 ​ 961,407 ​ 994,368 ​ 953,432 Mortgage servicing rights (Level 3) ​ 2,292 ​ 4,877 ​ 2,409 ​ 5,211 Financial Liabilities: ​ ​ ​ ​ Deposits (Level 2) ​ 1,093,524 ​ 1,004,184 ​ 1,129,933 ​ 1,001,455 Mortgagors' escrow accounts (Level 2) ​ 8,670 ​ 8,670 ​ 9,732 ​ 9,723 FHLB advances (Level 2) ​ 106,450 ​ 106,369 ​ 57,723 ​ 57,739 Subordinated debt (Level 2) ​ 5,155 ​ 5,155 ​ 5,155 ​ 5,155 Loan level interest rate swaps (Level 2) ​ ​ 5,998 ​ ​ 5,998 ​ ​ 4,548 ​ ​ 4,548

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	3 Months Ended
	Mar. 31, 2023
Accumulated Other Comprehensive Loss.
Schedule of accumulated other comprehensive loss components	The activity in accumulated other comprehensive loss for the three months ended March 31, 2023 and 2022 was as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Accumulated Other Comprehensive Loss (1) ​ ​ ​ ​ ​ Unrealized (losses) ​ ​ ​ ​ ​ ​ ​ ​ gains on ​ ​ ​ ​ ​ Defined Benefit ​ available for sale ​ ​ ​ ​ Pension Plan securities Total Balance at December 31, 2022 ​ $ (3,997) ​ $ (28,192) ​ $ (32,189) Other comprehensive income before reclassifications ​ — ​ 2,221 ​ 2,221 Period change ​ — ​ 2,221 ​ 2,221 Balance at March 31, 2023 ​ $ (3,997) ​ $ (25,971) ​ $ (29,968) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at December 31, 2021 ​ $ (3,901) ​ $ (2,734) ​ $ (6,635) Other comprehensive loss before reclassifications ​ — ​ (10,939) ​ (10,939) Period change ​ — ​ (10,939) ​ (10,939) Balance at March 31, 2022 ​ $ (3,901) ​ $ (13,673) ​ $ (17,574) (1) All amounts are net of tax. Related income tax expense or benefit is calculated using an income tax rate of 21.0%.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2023
Earnings Per Share
Schedule of earnings per share, basic and diluted	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended March 31, ​ ​ 2023 ​ 2022 Net income applicable to common stock ​ $ 798 ​ $ 2,053 ​ ​ ​ Average number of common shares outstanding ​ 11,228,299 ​ 11,183,583 Less: Average unearned ESOP shares ​ 346,414 ​ 368,235 Average number of common shares outstanding used to calculate basic earnings per common share ​ 10,881,885 ​ 10,815,348 Additional common stock equivalents (nonvested stock) used to calculate diluted earnings per share ​ ​ 34,822 ​ ​ 60,159 Additional common stock equivalents (stock options) used to calculate diluted earnings per share ​ ​ 104,688 ​ ​ 133,805 Weighted-average common shares and common stock equivalents used to calculate diluted earnings per share ​ ​ 11,021,395 ​ ​ 11,009,312 ​ ​ ​ Earnings per Common share: ​ ​ Basic ​ $ 0.07 ​ $ 0.19 Diluted ​ $ 0.07 ​ $ 0.19

Nature of Business and Signif_4

Nature of Business and Significant Accounting Policies (Details)	3 Months Ended
	Mar. 31, 2023 item
Nature of Business and Significant Accounting Policies
Number of branches	14
Number of representative offices	2

Nature of Business and Signif_5

Nature of Business and Significant Accounting Policies (Adoption of new accounting standard 2023) (Details) - USD ($) $ in Thousands		3 Months Ended
	Jan. 01, 2023	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Nature Of Business And Significant Accounting Policies [Line Items]
Change in Consolidated Statement of Condition		$ 1,023	$ 2,499
Effective income tax		225	$ 446
Retained earnings		$ 96,789		$ 96,624
Accounting Standards Update 2016-13 | Adoption of CECL Standard
Nature Of Business And Significant Accounting Policies [Line Items]
Change in Consolidated Statement of Condition	$ 801
Effective income tax	168
Retained earnings	633
Accounting Standards Update 2016-13 | Adoption of CECL Standard | Allowance for credit losses (loans)
Nature Of Business And Significant Accounting Policies [Line Items]
Change in Consolidated Statement of Condition	580
Effective income tax	122
Retained earnings	458
Accounting Standards Update 2016-13 | Adoption of CECL Standard | ACL (Unfunded credit commitments)
Nature Of Business And Significant Accounting Policies [Line Items]
Change in Consolidated Statement of Condition	221
Effective income tax	46
Retained earnings	$ 175

Investment Securities (Schedule

Investment Securities (Schedule of amortized cost, gross unrealized gains and losses and fair values of available for sale securities) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, after Allowance for Credit Loss [Abstract]
Amortized Cost	$ 255,046
Gross Unrealized Gains	172	$ 172
Gross Unrealized Losses	(33,046)	(35,857)
Fair Value	222,172
Amortized Cost		259,344
Fair Value		223,659
U.S. Treasury securities
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, after Allowance for Credit Loss [Abstract]
Amortized Cost	40,148
Gross Unrealized Losses	(1,839)	(2,315)
Fair Value	38,309
Amortized Cost		40,172
Fair Value		37,857
U.S. government agency mortgage-backed securities-residential
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, after Allowance for Credit Loss [Abstract]
Amortized Cost	169,662
Gross Unrealized Losses	(27,133)	(29,392)
Fair Value	142,529
Amortized Cost		173,926
Fair Value		144,534
U.S. government agency securities
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, after Allowance for Credit Loss [Abstract]
Amortized Cost	24,783
Gross Unrealized Losses	(2,010)	(2,336)
Fair Value	22,773
Amortized Cost		24,785
Fair Value		22,449
Municipal securities
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, after Allowance for Credit Loss [Abstract]
Amortized Cost	5,110
Gross Unrealized Losses	(271)	(331)
Fair Value	4,839
Amortized Cost		5,117
Fair Value		4,786
Corporate Bonds
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, after Allowance for Credit Loss [Abstract]
Amortized Cost	14,700
Gross Unrealized Losses	(1,793)	(1,483)
Fair Value	12,907
Amortized Cost		14,700
Fair Value		13,217
Other
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, after Allowance for Credit Loss [Abstract]
Amortized Cost	643
Gross Unrealized Gains	172	172
Fair Value	$ 815
Amortized Cost		644
Fair Value		$ 816

Investment Securities (Schedu_2

Investment Securities (Schedule of gross unrealized losses and fair value, securities in continuous unrealized loss position) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale [Line Items]
Less Than 12 Months Fair Value	$ 5,725	$ 40,946
Less Than 12 Months Unrealized Losses	(586)	(4,211)
12 Months or Longer Fair Value	215,502	181,268
12 Months or Longer Unrealized Losses	(32,460)	(31,646)
Fair Value	221,227	222,214
Unrealized Losses	(33,046)	(35,857)
U.S. Treasury securities
Debt Securities, Available-for-sale [Line Items]
12 Months or Longer Fair Value	38,309	37,857
12 Months or Longer Unrealized Losses	(1,839)	(2,315)
Fair Value	38,309	37,857
Unrealized Losses	(1,839)	(2,315)
U.S. government agency mortgage-backed securities-residential
Debt Securities, Available-for-sale [Line Items]
Less Than 12 Months Fair Value	503	23,384
Less Than 12 Months Unrealized Losses	(28)	(2,711)
12 Months or Longer Fair Value	142,026	121,151
12 Months or Longer Unrealized Losses	(27,105)	(26,681)
Fair Value	142,529	144,535
Unrealized Losses	(27,133)	(29,392)
U.S. government agency securities
Debt Securities, Available-for-sale [Line Items]
Less Than 12 Months Fair Value		9,160
Less Than 12 Months Unrealized Losses		(869)
12 Months or Longer Fair Value	22,773	13,289
12 Months or Longer Unrealized Losses	(2,010)	(1,467)
Fair Value	22,773	22,449
Unrealized Losses	(2,010)	(2,336)
Municipal securities
Debt Securities, Available-for-sale [Line Items]
Less Than 12 Months Fair Value	1,529	1,529
Less Than 12 Months Unrealized Losses	(1)	(4)
12 Months or Longer Fair Value	3,180	3,127
12 Months or Longer Unrealized Losses	(270)	(327)
Fair Value	4,709	4,656
Unrealized Losses	(271)	(331)
Corporate Bonds
Debt Securities, Available-for-sale [Line Items]
Less Than 12 Months Fair Value	3,693	6,873
Less Than 12 Months Unrealized Losses	(557)	(627)
12 Months or Longer Fair Value	9,214	5,844
12 Months or Longer Unrealized Losses	(1,236)	(856)
Fair Value	12,907	12,717
Unrealized Losses	$ (1,793)	$ (1,483)

Investment Securities (Schedu_3

Investment Securities (Schedule of maturities of debt securities) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Amortized Cost
Within 1 year	$ 33,461	$ 16,923
After 1 but within 5 years	49,150	46,162
After 5 but within 10 years	2,130	21,689
Total Maturities	84,741	84,774
Mortgage-backed securities	169,662	173,926
Other	643	644
Amortized Cost	255,046
Amortized Cost		259,344
Fair Value
Within 1 year	32,484	16,512
After 1 but within 5 years	44,497	42,225
After 5 but within 10 years	1,847	19,572
Total Maturities	78,828	78,309
Mortgage-backed securities	142,529	144,534
Other	815	816
Fair Value	$ 222,172
Fair Value		$ 223,659

Investment Securities (Narrativ

Investment Securities (Narrative) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($) security	Mar. 31, 2022 USD ($)	Dec. 31, 2022 USD ($)
Debt Securities, Available-for-sale [Line Items]
Number of individual available-for-sale securities with unrealized losses | security	241
Unrealized Losses	$ 33,046		$ 35,857
Aggregate percentage of depreciation	12.99%
Debt Securities, Available-for-Sale, Allowance for Credit Loss	$ 0
Proceeds from the sale of available for sale securities and calls	0	$ 0
Gains on sales of investment securities	0	0
Losses on sales of investment securities	0	$ 0
Federal Home Loan Bank Advances [Member]
Debt Securities, Available-for-sale [Line Items]
Available for sale securities pledged to secure Federal Home Loan Bank of New York ("FHLBNY") borrowings	15,027		15,407
Asset Pledged as Collateral [Member] | Federal Reserve Bank Advances [Member]
Debt Securities, Available-for-sale [Line Items]
Available for sale securities pledged to secure Federal Home Loan Bank of New York ("FHLBNY") borrowings	$ 85,022		$ 958

Loans and Allowance for Credi_3

Loans and Allowance for Credit Losses (Schedule of summary loan portfolio) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss [Abstract]
Total gross loans	$ 1,002,492
Net deferred loan costs	11,373
Allowance for credit losses	(9,103)	$ (7,943)
Total net loans	1,004,762
Total gross loans		990,439
Net deferred loan costs		11,872
Allowance for loan losses		(7,943)	$ (7,700)	$ (7,559)
Total net loans		994,368
Indirect automobile
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss [Abstract]
Total gross loans	443,962
Allowance for credit losses	(5,278)	(3,868)
Total gross loans		457,223
Allowance for loan losses			(3,535)	(3,416)
Commercial real estate
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss [Abstract]
Total gross loans	396,363
Allowance for credit losses	(2,341)	(3,031)
Total gross loans		370,528
Allowance for loan losses			(3,314)	(3,317)
Commercial real estate | Construction
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss [Abstract]
Total gross loans	26,243
Total gross loans		20,329
Commercial real estate | Non-residential
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss [Abstract]
Total gross loans	298,600
Total gross loans		282,422
Commercial real estate | Multifamily
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss [Abstract]
Total gross loans	71,520
Total gross loans		67,777
Residential
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss [Abstract]
Total gross loans	56,948
Allowance for credit losses	(170)	(103)
Total gross loans		53,720
Allowance for loan losses			(55)	(54)
Commercial and industrial
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss [Abstract]
Total gross loans	84,403
Allowance for credit losses	(1,201)	(881)
Total gross loans		87,982
Allowance for loan losses			(743)	(725)
Commercial and industrial | Small Business Administration Paycheck Protection Program
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss [Abstract]
Total gross loans	478
Total gross loans		537
Consumer
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss [Abstract]
Total gross loans	20,816
Allowance for credit losses	(113)	(60)
Total gross loans		20,986
Allowance for loan losses			$ (53)	$ (47)
Consumer | Indirect automobile
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss [Abstract]
Total gross loans	443,962
Total gross loans		457,223
Consumer | Home equity
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss [Abstract]
Total gross loans	11,531
Total gross loans		11,507
Consumer | Other consumer
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss [Abstract]
Total gross loans	$ 9,285
Total gross loans		$ 9,479

Loans and Allowance for Credi_4

Loans and Allowance for Credit Losses (Schedule of classes of the loan portfolio by the aging categories of performing loans and nonaccrual loans) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	$ 1,002,492
Total gross loans		$ 990,439
Non-accrual	5,571
Nonaccrual		4,424
Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	987,025
Total gross loans		967,725
30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	10,524
Total gross loans		17,453
60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	2,051
Total gross loans		2,243
Greater Than 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	2,892
Total gross loans		3,018
Indirect automobile
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	443,962
Total gross loans		457,223
Commercial real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	396,363
Total gross loans		370,528
Commercial real estate | Construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	26,243
Total gross loans		20,329
Commercial real estate | Construction | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	26,243
Total gross loans		20,329
Commercial real estate | Non-residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	298,600
Total gross loans		282,422
Non-accrual	1,817
Nonaccrual		1,382
Commercial real estate | Non-residential | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	294,711
Total gross loans		275,860
Commercial real estate | Non-residential | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	1,826
Total gross loans		4,701
Commercial real estate | Non-residential | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	715
Total gross loans		479
Commercial real estate | Non-residential | Greater Than 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	1,348
Total gross loans		1,382
Commercial real estate | Multifamily
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	71,520
Total gross loans		67,777
Commercial real estate | Multifamily | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	70,791
Total gross loans		67,413
Commercial real estate | Multifamily | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	729
Total gross loans		364
Residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	56,948
Total gross loans		53,720
Non-accrual	1,946
Nonaccrual		1,794
Residential | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	55,798
Total gross loans		51,476
Residential | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	95
Total gross loans		1,417
Residential | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	290
Total gross loans		246
Residential | Greater Than 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	765
Total gross loans		581
Commercial and industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	84,403
Total gross loans		87,982
Non-accrual	1,150
Nonaccrual		183
Commercial and industrial | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	83,957
Total gross loans		87,742
Commercial and industrial | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	271
Total gross loans		57
Commercial and industrial | Greater Than 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	175
Total gross loans		183
Consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	20,816
Total gross loans		20,986
Consumer | Indirect automobile
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	443,962
Total gross loans		457,223
Non-accrual	434
Nonaccrual		797
Consumer | Indirect automobile | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	435,207
Total gross loans		444,418
Consumer | Indirect automobile | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	7,344
Total gross loans		10,714
Consumer | Indirect automobile | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	1,031
Total gross loans		1,389
Consumer | Indirect automobile | Greater Than 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	380
Total gross loans		702
Consumer | Home equity
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	11,531
Total gross loans		11,507
Non-accrual	176
Nonaccrual		217
Consumer | Home equity | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	11,188
Total gross loans		11,279
Consumer | Home equity | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	167
Total gross loans		51
Consumer | Home equity | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	0
Total gross loans		58
Consumer | Home equity | Greater Than 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	176
Total gross loans		119
Consumer | Other consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	9,285
Total gross loans		9,479
Non-accrual	48
Nonaccrual		51
Consumer | Other consumer | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	9,130
Total gross loans		9,208
Consumer | Other consumer | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	92
Total gross loans		149
Consumer | Other consumer | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	15
Total gross loans		71
Consumer | Other consumer | Greater Than 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	$ 48
Total gross loans		$ 51

Loans and Allowance for Credi_5

Loans and Allowance for Credit Losses (Schedule of amortized cost basis of individually analyzed loans and related ACL) (Details) $ in Thousands	Mar. 31, 2023 USD ($) loan	Dec. 31, 2022 USD ($)
Loans and Leases Receivable Disclosure [Line Items]
Individually analyzed loans	$ 5,669	$ 4,424
Related ACL	749
Indirect automobile
Loans and Leases Receivable Disclosure [Line Items]
Individually analyzed loans	434	797
Related ACL	39
Home equity | Consumer Borrower [Member]
Loans and Leases Receivable Disclosure [Line Items]
Individually analyzed loans	98
Commercial real estate
Loans and Leases Receivable Disclosure [Line Items]
Individually analyzed loans	1,817	1,382
Commercial real estate | Non-residential
Loans and Leases Receivable Disclosure [Line Items]
Individually analyzed loans	1,817
Residential
Loans and Leases Receivable Disclosure [Line Items]
Individually analyzed loans	1,946	1,794
Commercial and industrial
Loans and Leases Receivable Disclosure [Line Items]
Individually analyzed loans	1,150	183
Related ACL	710
Consumer
Loans and Leases Receivable Disclosure [Line Items]
Individually analyzed loans	322	$ 268
Consumer | Indirect automobile
Loans and Leases Receivable Disclosure [Line Items]
Individually analyzed loans	434
Related ACL	39
Consumer | Home equity
Loans and Leases Receivable Disclosure [Line Items]
Individually analyzed loans	$ 274
Consumer | Home equity | Consumer Borrower [Member]
Loans and Leases Receivable Disclosure [Line Items]
Financing Receivable Individually Evaluated For Impairment, Number Of Contracts | loan	1
Consumer | Other consumer
Loans and Leases Receivable Disclosure [Line Items]
Individually analyzed loans	$ 48

Loans and Allowance for Credi_6

Loans and Allowance for Credit Losses (Schedule of amortized cost basis of only those individually analyzed loans with a related ACL) (Details) $ in Thousands	Mar. 31, 2023 USD ($)
Loans and Leases Receivable Disclosure [Line Items]
Individually analyzed loans	$ 1,176
Related ACL	749
Commercial and industrial
Loans and Leases Receivable Disclosure [Line Items]
Individually analyzed loans	975
Related ACL	710
Consumer | Indirect automobile
Loans and Leases Receivable Disclosure [Line Items]
Individually analyzed loans	201
Related ACL	$ 39

Loans and Allowance for Credi_7

Loans and Allowance for Credit Losses (Schedule of information to impaired loans by loan portfolio class) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
With no related allowance recorded:
Recorded Investment	$ 3,996
Unpaid Principal Balance	5,870
Average Recorded Investment	4,686
With an allowance recorded:
Recorded Investment	428
Unpaid Principal Balance	437
Related Allowance	109
Average Recorded Investment	418
Total:
Recorded Investment	4,424
Unpaid Principal Balance	6,307
Related Allowance	109
Average Recorded Investment	5,104
Commercial real estate | Non-residential
With no related allowance recorded:
Recorded Investment	1,382
Unpaid Principal Balance	2,472
Average Recorded Investment	1,967
Total:
Recorded Investment	1,382
Unpaid Principal Balance	2,472
Average Recorded Investment	1,967
Residential
With no related allowance recorded:
Recorded Investment	1,794
Unpaid Principal Balance	2,445
Average Recorded Investment	1,890
Total:
Recorded Investment	1,794
Unpaid Principal Balance	2,445
Average Recorded Investment	1,890
Commercial and industrial
With no related allowance recorded:
Recorded Investment	183
Unpaid Principal Balance	242
Average Recorded Investment	309
With an allowance recorded:
Average Recorded Investment	114
Total:
Recorded Investment	183
Unpaid Principal Balance	242
Average Recorded Investment	423
Consumer | Indirect automobile
With no related allowance recorded:
Recorded Investment	371
Unpaid Principal Balance	439
Average Recorded Investment	336
With an allowance recorded:
Recorded Investment	426
Unpaid Principal Balance	435
Related Allowance	107
Average Recorded Investment	293
Total:
Recorded Investment	797
Unpaid Principal Balance	874
Related Allowance	107
Average Recorded Investment	629
Consumer | Home equity
With no related allowance recorded:
Recorded Investment	217
Unpaid Principal Balance	219
Average Recorded Investment	146
Total:
Recorded Investment	217
Unpaid Principal Balance	219
Average Recorded Investment	146
Consumer | Other consumer
With no related allowance recorded:
Recorded Investment	49
Unpaid Principal Balance	53
Average Recorded Investment	38
With an allowance recorded:
Recorded Investment	2
Unpaid Principal Balance	2
Related Allowance	2
Average Recorded Investment	11
Total:
Recorded Investment	51
Unpaid Principal Balance	55
Related Allowance	2
Average Recorded Investment	$ 49

Loans and Allowance for Credi_8

Loans and Allowance for Credit Losses (Narrative) (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Aggregate balances of loans serviced to participants	$ 32,513,000	$ 8,466,000
Amount of consumer mortgages and loans secured by residential real estate properties in process of foreclosure	612,000	625,000
Aggregate balances of loans serviced to third party	295,977,000	301,235,000
Balance of capitalized servicing rights	2,292,000	2,409,000
Mortgage Servicing Rights (MSR) Impairment (Recovery)	0	0
Financial instruments represent off-balance sheet credit risk, asset	146,942,000	126,216,000
Accounting standards update 2022-02
Accounts, Notes, Loans and Financing Receivable [Line Items]
TDR reportable balance	0
Loans sold with recourse
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financial instruments represent off-balance sheet credit risk, asset	726,000	276,000
Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unpaid principal balances of loans held for sale	$ 688,000	$ 247,000

Loans and Allowance for Credi_9

Loans and Allowance for Credit Losses (Schedule of loan balances by segment) (Details) - USD ($) $ in Thousands		3 Months Ended
	Jan. 01, 2023	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Allowance for loan losses:
Beginning balance	$ 7,943	$ 7,943
Provision for credit losses		994
Loans charged-off		(1,011)
Recoveries		597
Ending balance		9,103
Allowance for loan losses:
Beginning balance	7,943	7,943	$ 7,559
(Credit to) provision for loan losses			221
Loans charged-off			(714)
Recoveries			634
Ending balance			7,700
Allowance for loan losses:
Provision for credit losses - unfunded commitments	221	20
Loans individually analyzed		749
Loans collectively analyzed		8,354
Ending balance: Individually evaluated for impairment				$ 109
Ending balance: Collectively evaluated for impairment				7,834
Loan receivables:
Ending balance				990,439
Ending balance		1,002,492
Ending balance: Individually evaluated for impairment		5,669		4,424
Ending balance: Collectively evaluated for impairment		996,823		986,015
Indirect automobile
Allowance for loan losses:
Beginning balance	3,868	3,868
Provision for credit losses		104
Loans charged-off		(989)
Recoveries		585
Ending balance		5,278
Allowance for loan losses:
Beginning balance			3,416
(Credit to) provision for loan losses			295
Loans charged-off			(647)
Recoveries			471
Ending balance			3,535
Allowance for loan losses:
Loans individually analyzed		39
Loans collectively analyzed		5,239
Ending balance: Individually evaluated for impairment				107
Ending balance: Collectively evaluated for impairment				3,761
Loan receivables:
Ending balance				457,223
Ending balance		443,962
Ending balance: Individually evaluated for impairment		434		797
Ending balance: Collectively evaluated for impairment		443,528		456,426
Adoption of CECL Standard
Allowance for loan losses:
Beginning balance	580	580
Adoption of CECL Standard | Indirect automobile
Allowance for loan losses:
Beginning balance	1,710	1,710
Commercial real estate
Allowance for loan losses:
Beginning balance	3,031	3,031
Provision for credit losses		170
Ending balance		2,341
Allowance for loan losses:
Beginning balance			3,317
(Credit to) provision for loan losses			(3)
Ending balance			3,314
Allowance for loan losses:
Provision for credit losses - unfunded commitments		19
Loans collectively analyzed		2,341
Ending balance: Collectively evaluated for impairment				3,031
Loan receivables:
Ending balance				370,528
Ending balance		396,363
Ending balance: Individually evaluated for impairment		1,817		1,382
Ending balance: Collectively evaluated for impairment		394,546		369,146
Commercial real estate | Adoption of CECL Standard
Allowance for loan losses:
Beginning balance	(860)	(860)
Residential
Allowance for loan losses:
Beginning balance	103	103
Provision for credit losses		13
Ending balance		170
Allowance for loan losses:
Beginning balance			54
(Credit to) provision for loan losses			(109)
Loans charged-off			(44)
Recoveries			154
Ending balance			55
Allowance for loan losses:
Loans collectively analyzed		170
Ending balance: Collectively evaluated for impairment				103
Loan receivables:
Ending balance				53,720
Ending balance		56,948
Ending balance: Individually evaluated for impairment		1,946		1,794
Ending balance: Collectively evaluated for impairment		55,002		51,926
Residential | Adoption of CECL Standard
Allowance for loan losses:
Beginning balance	54	54
Commercial and industrial
Allowance for loan losses:
Beginning balance	881	881
Provision for credit losses		703
Ending balance		1,201
Allowance for loan losses:
Beginning balance			725
(Credit to) provision for loan losses			18
Ending balance			743
Allowance for loan losses:
Provision for credit losses - unfunded commitments		1
Loans individually analyzed		710
Loans collectively analyzed		491
Ending balance: Collectively evaluated for impairment				881
Loan receivables:
Ending balance				87,982
Ending balance		84,403
Ending balance: Individually evaluated for impairment		1,150		183
Ending balance: Collectively evaluated for impairment		83,253		87,799
Commercial and industrial | Adoption of CECL Standard
Allowance for loan losses:
Beginning balance	(383)	(383)
Consumer
Allowance for loan losses:
Beginning balance	60	60
Provision for credit losses		4
Loans charged-off		(22)
Recoveries		12
Ending balance		113
Allowance for loan losses:
Beginning balance			47
(Credit to) provision for loan losses			20
Loans charged-off			(23)
Recoveries			9
Ending balance			$ 53
Allowance for loan losses:
Loans collectively analyzed		113
Ending balance: Individually evaluated for impairment				2
Ending balance: Collectively evaluated for impairment				58
Loan receivables:
Ending balance				20,986
Ending balance		20,816
Ending balance: Individually evaluated for impairment		322		268
Ending balance: Collectively evaluated for impairment		20,494		20,718
Consumer | Indirect automobile
Allowance for loan losses:
Loans charged-off		(989)
Allowance for loan losses:
Loans individually analyzed		39
Loan receivables:
Ending balance				$ 457,223
Ending balance		443,962
Ending balance: Individually evaluated for impairment		434
Consumer | Adoption of CECL Standard
Allowance for loan losses:
Beginning balance	$ 59	$ 59

Loans and Allowance for Cred_10

Loans and Allowance for Credit Losses (Schedule of provision for credit losses) (Details) - USD ($) $ in Thousands		3 Months Ended
	Jan. 01, 2023	Mar. 31, 2023	Mar. 31, 2022
Loans and Allowance for Credit Losses
Provision for credit losses - loans		$ 994
Provision for credit losses			$ 221
Provision for credit losses - unfunded commitments	$ 221	20
Provision for credit losses		$ 1,014

Loans and Allowance for Cred_11

Loans and Allowance for Credit Losses (Schedule of loans by risk rating and portfolio segment) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Financing Receivable, Recorded Investment [Line Items]
2023	$ 68,618
2022	353,164
2021	198,972
2020	92,855
2019	99,319
Prior	153,971
Revolving Loans Amortized Cost	35,593
Total gross loans	1,002,492
Current-period gross write-offs
2023	0
2022	370
2021	303
2020	169
2019	94
Prior	75
Total	1,011
Total gross loans		$ 990,439
Non-performing
Financing Receivable, Recorded Investment [Line Items]
2023	0
2022	162
2021	106
2020	44
2019	110
Prior	2,006
Revolving Loans Amortized Cost	176
Total gross loans	2,604
Pass
Current-period gross write-offs
Total gross loans		972,372
Pass | Performing
Financing Receivable, Recorded Investment [Line Items]
2023	65,754
2022	329,159
2021	176,921
2020	79,090
2019	81,715
Prior	93,956
Revolving Loans Amortized Cost	28,589
Total gross loans	855,184
Watch
Financing Receivable, Recorded Investment [Line Items]
2023	2,864
2022	23,843
2021	20,593
2020	13,708
2019	10,803
Prior	53,457
Revolving Loans Amortized Cost	6,780
Total gross loans	132,048
Special Mention
Financing Receivable, Recorded Investment [Line Items]
2023	0
2022	0
2021	377
2020	13
2019	6,053
Prior	1,558
Revolving Loans Amortized Cost	0
Total gross loans	8,001
Current-period gross write-offs
Total gross loans		11,729
Substandard
Financing Receivable, Recorded Investment [Line Items]
2023	0
2022	0
2021	975
2020	0
2019	638
Prior	2,994
Revolving Loans Amortized Cost	48
Total gross loans	4,655
Current-period gross write-offs
Total gross loans		6,338
Indirect automobile
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	443,962
Current-period gross write-offs
Total	989
Total gross loans		457,223
Commercial real estate
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	396,363
Current-period gross write-offs
Total gross loans		370,528
Commercial real estate | Construction
Financing Receivable, Recorded Investment [Line Items]
2022	14,767
2021	11,476
Total gross loans	26,243
Current-period gross write-offs
Total gross loans		20,329
Commercial real estate | Construction | Pass
Financing Receivable, Recorded Investment [Line Items]
2022	3,118
Total gross loans	3,118
Current-period gross write-offs
Total gross loans		20,329
Commercial real estate | Construction | Watch
Financing Receivable, Recorded Investment [Line Items]
2022	11,649
2021	11,476
Total gross loans	23,125
Commercial real estate | Non-residential
Financing Receivable, Recorded Investment [Line Items]
2023	24,710
2022	54,242
2021	35,371
2020	31,064
2019	56,486
Prior	96,727
Total gross loans	298,600
Current-period gross write-offs
Total gross loans		282,422
Commercial real estate | Non-residential | Pass
Financing Receivable, Recorded Investment [Line Items]
2023	22,338
2022	44,753
2021	27,328
2020	18,121
2019	41,308
Prior	51,378
Total gross loans	205,226
Current-period gross write-offs
Total gross loans		271,491
Commercial real estate | Non-residential | Watch
Financing Receivable, Recorded Investment [Line Items]
2023	2,372
2022	9,489
2021	8,043
2020	12,943
2019	8,699
Prior	41,064
Total gross loans	82,610
Commercial real estate | Non-residential | Special Mention
Financing Receivable, Recorded Investment [Line Items]
2019	5,994
Prior	1,494
Total gross loans	7,488
Current-period gross write-offs
Total gross loans		7,904
Commercial real estate | Non-residential | Substandard
Financing Receivable, Recorded Investment [Line Items]
2019	485
Prior	2,791
Total gross loans	3,276
Current-period gross write-offs
Total gross loans		3,027
Commercial real estate | Multifamily
Financing Receivable, Recorded Investment [Line Items]
2023	824
2022	19,017
2021	31,678
2020	2,152
2019	2,878
Prior	14,971
Total gross loans	71,520
Current-period gross write-offs
Total gross loans		67,777
Commercial real estate | Multifamily | Pass
Financing Receivable, Recorded Investment [Line Items]
2023	824
2022	19,017
2021	30,923
2020	2,152
2019	1,576
Prior	5,222
Total gross loans	59,714
Current-period gross write-offs
Total gross loans		67,777
Commercial real estate | Multifamily | Watch
Financing Receivable, Recorded Investment [Line Items]
2021	755
2019	1,302
Prior	9,749
Total gross loans	11,806
Residential
Financing Receivable, Recorded Investment [Line Items]
2023	4,801
2022	26,667
2021	2,619
2020	2,787
2019	2,670
Prior	17,404
Total gross loans	56,948
Current-period gross write-offs
Total gross loans		53,720
Residential | Performing
Financing Receivable, Recorded Investment [Line Items]
2023	4,801
2022	26,667
2021	2,619
2020	2,787
2019	2,670
Prior	15,458
Total gross loans	55,002
Residential | Non-performing
Financing Receivable, Recorded Investment [Line Items]
Prior	1,946
Total gross loans	1,946
Residential | Pass
Current-period gross write-offs
Total gross loans		52,265
Residential | Substandard
Current-period gross write-offs
Total gross loans		1,455
Commercial and industrial
Financing Receivable, Recorded Investment [Line Items]
2023	4,071
2022	26,558
2021	15,775
2020	2,919
2019	2,767
Prior	8,212
Revolving Loans Amortized Cost	24,101
Total gross loans	84,403
Current-period gross write-offs
Total gross loans		87,982
Commercial and industrial | Pass
Financing Receivable, Recorded Investment [Line Items]
2023	3,579
2022	23,853
2021	14,104
2020	2,141
2019	1,753
Prior	5,301
Revolving Loans Amortized Cost	17,273
Total gross loans	68,004
Current-period gross write-offs
Total gross loans		83,680
Commercial and industrial | Watch
Financing Receivable, Recorded Investment [Line Items]
2023	492
2022	2,705
2021	319
2020	765
2019	802
Prior	2,644
Revolving Loans Amortized Cost	6,780
Total gross loans	14,507
Commercial and industrial | Special Mention
Financing Receivable, Recorded Investment [Line Items]
2021	377
2020	13
2019	59
Prior	64
Total gross loans	513
Current-period gross write-offs
Total gross loans		3,825
Commercial and industrial | Substandard
Financing Receivable, Recorded Investment [Line Items]
2021	975
2019	153
Prior	203
Revolving Loans Amortized Cost	48
Total gross loans	1,379
Current-period gross write-offs
Total gross loans		477
Consumer
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	20,816
Current-period gross write-offs
Total	22
Total gross loans		20,986
Consumer | Indirect automobile
Financing Receivable, Recorded Investment [Line Items]
2023	33,383
2022	206,890
2021	100,533
2020	52,949
2019	34,227
Prior	15,980
Total gross loans	443,962
Current-period gross write-offs
2022	359
2021	303
2020	158
2019	94
Prior	75
Total	989
Total gross loans		457,223
Consumer | Indirect automobile | Performing
Financing Receivable, Recorded Investment [Line Items]
2023	33,383
2022	206,728
2021	100,427
2020	52,928
2019	34,117
Prior	15,945
Total gross loans	443,528
Consumer | Indirect automobile | Non-performing
Financing Receivable, Recorded Investment [Line Items]
2022	162
2021	106
2020	21
2019	110
Prior	35
Total gross loans	434
Consumer | Indirect automobile | Pass
Current-period gross write-offs
Total gross loans		456,112
Consumer | Indirect automobile | Substandard
Current-period gross write-offs
Total gross loans		1,111
Consumer | Home equity
Financing Receivable, Recorded Investment [Line Items]
2019	35
Prior	238
Revolving Loans Amortized Cost	11,258
Total gross loans	11,531
Current-period gross write-offs
Total gross loans		11,507
Consumer | Home equity | Performing
Financing Receivable, Recorded Investment [Line Items]
2019	35
Prior	238
Revolving Loans Amortized Cost	11,082
Total gross loans	11,355
Consumer | Home equity | Non-performing
Financing Receivable, Recorded Investment [Line Items]
Revolving Loans Amortized Cost	176
Total gross loans	176
Consumer | Home equity | Pass
Current-period gross write-offs
Total gross loans		11,290
Consumer | Home equity | Substandard
Current-period gross write-offs
Total gross loans		217
Consumer | Other consumer
Financing Receivable, Recorded Investment [Line Items]
2023	829
2022	5,023
2021	1,520
2020	984
2019	256
Prior	439
Revolving Loans Amortized Cost	234
Total gross loans	9,285
Current-period gross write-offs
2022	11
2020	11
Total	22
Total gross loans		9,479
Consumer | Other consumer | Performing
Financing Receivable, Recorded Investment [Line Items]
2023	829
2022	5,023
2021	1,520
2020	961
2019	256
Prior	414
Revolving Loans Amortized Cost	234
Total gross loans	9,237
Consumer | Other consumer | Non-performing
Financing Receivable, Recorded Investment [Line Items]
2020	23
Prior	25
Total gross loans	$ 48
Consumer | Other consumer | Pass
Current-period gross write-offs
Total gross loans		9,428
Consumer | Other consumer | Substandard
Current-period gross write-offs
Total gross loans		$ 51

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Schedule of changes in the carrying value of goodwill) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Goodwill and Intangible Assets
Beginning balance	$ 2,235	$ 2,235
Ending balance	2,235	2,235
Impairment loss on goodwill	$ 0	$ 0

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets (Schedule of changes in the carrying value of customer list and core deposit intangibles) (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Finite-lived Intangible Assets [Roll Forward]
Beginning balance	$ 334	$ 433	$ 433
Amortization	(24)	$ (27)	(99)
Ending balance	310		334
Accumulated amortization and impairment	$ 123		$ 99

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Goodwill and Intangible Assets
Amortization of Intangible Assets	$ 24	$ 27	$ 99
Useful life of purchased customer accounts	13 years

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets (Schedule of future amortization expense for amortizable intangible assets) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Goodwill and Intangible Assets
2023	$ 64
2024	79
2025	60
2026	29
2027	21
Thereafter	57
Total	$ 310	$ 334	$ 433

Premises and Equipment (Schedul

Premises and Equipment (Schedule of premises and equipment) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Total	$ 46,284	$ 46,231
Less accumulated depreciation	(27,867)	(27,509)
Net	18,417	18,722
Land
Property, Plant and Equipment [Line Items]
Total	3,732	3,732
Buildings and improvements
Property, Plant and Equipment [Line Items]
Total	27,617	27,617
Furniture, fixtures and equipment
Property, Plant and Equipment [Line Items]
Total	14,670	14,652
Construction in progress
Property, Plant and Equipment [Line Items]
Total	$ 265	$ 230

Deposits (Schedule of deposits)

Deposits (Schedule of deposits) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Deposits
Non-interest bearing demand deposits	$ 269,743	$ 283,563
Interest bearing accounts:
NOW	140,396	156,285
Savings	169,296	176,916
Money market	229,988	296,787
Time certificates of deposit	284,101	216,382
Total interest bearing accounts	823,781	846,370
Total deposits	$ 1,093,524	$ 1,129,933

Deposits (Schedule of contractu

Deposits (Schedule of contractual maturities of time certificates of deposit) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Deposits
Within 1 year	$ 240,967
1 - 2 years	37,879
2 - 3 years	2,983
3 - 4 years	1,259
4 - 5 years	1,013
Total	$ 284,101	$ 216,382

Deposits (Narrative) (Details)

Deposits (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Deposits [Line Items]
Interest-Bearing Domestic Deposit, Brokered	$ 42,696	$ 34,041
Time Deposits, Reciprocal Deposits	24,529	10,023
Time certificates of deposit in denominations of $250 or greater	$ 58,308	$ 38,897
Maximum
Deposits [Line Items]
Maturity terms	3 years
Minimum
Deposits [Line Items]
Maturity terms	1 year

Long-Term Debt and FHLB Stock_2

Long-Term Debt and FHLB Stock (Schedule of outstanding principal amounts and related terms of FHLBNY borrowings) (Details) - Federal Home Loan Bank of New York ("FHLBNY") $ in Thousands	Mar. 31, 2023 USD ($)
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Principal amount	$ 106,450
Rate	4.99%
Due in one year	$ 80,000
Long term	26,450
Fixed short-term on April 3, 2023 Member
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Principal amount	$ 10,000
Rate	4.72%
Due in one year	$ 10,000
Fixed short-term on May 15, 2023 Member
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Principal amount	$ 10,000
Rate	4.87%
Due in one year	$ 10,000
Fixed medium-term on October 31, 2025 Member
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Principal amount	$ 722
Rate	4.87%
Due in one year	$ 0
Long term	722
Fixed medium-term on November 3, 2025 Member
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Principal amount	$ 5,000
Rate	4.87%
Due in one year	$ 0
Long term	5,000
Fixed medium-term on December 5, 2025 Member
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Principal amount	$ 728
Rate	4.34%
Due in one year	$ 0
Long term	728
Fixed short-term on September 5, 2023
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Principal amount	$ 10,000
Rate	5.38%
Due in one year	$ 10,000
Fixed medium-term on March 20, 2025 Member
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Principal amount	$ 20,000
Rate	4.47%
Due in one year	$ 0
Long term	20,000
Fixed medium-term on March 21, 2024 Member
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Principal amount	$ 20,000
Rate	5.18%
Due in one year	$ 20,000
Fixed short-term on August 21, 2023 Member
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Principal amount	$ 10,000
Rate	5.23%
Due in one year	$ 10,000
Fixed short-term on October 23, 2023 Member
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Principal amount	$ 10,000
Rate	5.23%
Due in one year	$ 10,000
Fixed short-term on December 21, 2023 Member
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Principal amount	$ 10,000
Rate	5.24%
Due in one year	$ 10,000

Long-Term Debt and FHLB Stock_3

Long-Term Debt and FHLB Stock (Narrative) (Details) $ / shares in Units, $ in Thousands		3 Months Ended	12 Months Ended
	Jul. 01, 2023	Mar. 31, 2023 USD ($) subsidiary $ / shares	Dec. 31, 2022 USD ($) $ / shares	Dec. 31, 2005 USD ($) $ / shares shares
Long-Term Debt And Federal Home Loan Bank [Line Items]
Number Of Wholly Owned Subsidiaries | subsidiary		1
Common stock, par value (in dollars per share) | $ / shares		$ 0.01	$ 0.01
Advances from the Federal Home Loan Bank		$ 106,450	$ 57,723
Zions Bank
Long-Term Debt And Federal Home Loan Bank [Line Items]
Line of credit, maximum borrowing capacity		10,000	10,000
Line of credit facility, maximum amount outstanding during period		0	0
Pacific Community Bankers Bank
Long-Term Debt And Federal Home Loan Bank [Line Items]
Line of credit, maximum borrowing capacity		50,000	50,000
Line of credit facility, maximum amount outstanding during period		$ 0	$ 0
Subordinated Debt.
Long-Term Debt And Federal Home Loan Bank [Line Items]
Interest rate, variable rate basis		three month LIBOR
Effective interest during period		6.92%	6.69%
Subordinated debt securities		$ 5,155
Stated maturity date		May 23, 2035
Subordinated Debt. | LIBOR
Long-Term Debt And Federal Home Loan Bank [Line Items]
Interest LIBOR rate		2%
Subordinated Debt. | SOFR | Scenario, Plan [Member]
Long-Term Debt And Federal Home Loan Bank [Line Items]
Interest LIBOR rate	0.26%
Subordinated Debt. | RSB Capital Trust I
Long-Term Debt And Federal Home Loan Bank [Line Items]
Trust term		30 years
Subordinated Debt. | Private placement | RSB Capital Trust I
Long-Term Debt And Federal Home Loan Bank [Line Items]
Number of preferred securities issued				$ 5,000
Common stock issued | shares				155
Common stock, par value (in dollars per share) | $ / shares				$ 1
Federal Home Loan Bank of New York ("FHLBNY")
Long-Term Debt And Federal Home Loan Bank [Line Items]
Federal Home Loan Bank, Advances, General Debt Obligations, Maximum Amount Available		$ 675,466	$ 667,905
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged		202,035	195,455
Impairment Related To Federal Home Loan Stock		0	0
Federal Home Loan Bank of New York ("FHLBNY") | Maturity Overnight [Member]
Long-Term Debt And Federal Home Loan Bank [Line Items]
Advances from the Federal Home Loan Bank		$ 0	$ 0

Employee Benefits (Schedule of

Employee Benefits (Schedule of plan's funded status and amounts recognized in consolidated statement of financial condition) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Employee Benefits
Projected and accumulated benefit obligation	$ (18,037)	$ (17,138)
Plan assets at fair value	17,729	16,906
Funded status included in accrued expenses and other liabilities	$ (308)	$ (232)

Employee Benefits (Schedule o_2

Employee Benefits (Schedule of net periodic pension (benefit) cost and amounts recognized in other comprehensive income (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Employee Benefits
Interest cost	$ 215	$ 158
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Interest Cost, Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Noninterest Expense	Other Noninterest Expense
Expected return on plan assets	$ (232)	$ (252)
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Expected Return (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Noninterest Expense	Other Noninterest Expense
Amortization of unrecognized loss	$ 93	$ 67
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Amortization of Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Noninterest Expense	Other Noninterest Expense
Net periodic (benefit) cost	$ 76	$ (27)

Employee Benefits (Narrative) (

Employee Benefits (Narrative) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($) fund	Mar. 31, 2022 USD ($)	Dec. 31, 2022 USD ($)
Schedule Of Employee Benefits [Line Items]
Number of investment funds | fund	9
Number of equity funds | fund	7
Number of fixed income funds | fund	2
Percentage of internal revenue contribution	25%
Percentage of internal revenue service limitations	6%
Employer contribution in defined contribution plan	$ 286	$ 294
Accrued expenses and other liabilities	26,870		$ 25,302
Non-interest expense	9,203	9,105
Group Term Replacement Plan
Schedule Of Employee Benefits [Line Items]
Liability related to these postretirement benefits	1,593		1,580
Postemployment benefit expense	13	12
Other Director and Officer Postretirement Benefits
Schedule Of Employee Benefits [Line Items]
Non-interest expense	16	19
Liability related to these postretirement benefits	2,037		2,031
Officers | Executive Plan
Schedule Of Employee Benefits [Line Items]
Accrued expenses and other liabilities	1,861		1,649
Non-interest expense	131	197
Directors' Plan | Directors
Schedule Of Employee Benefits [Line Items]
Accrued expenses and other liabilities	2,873		$ 2,761
Non-interest expense	$ 51	$ 56
Minimum | Other Director and Officer Postretirement Benefits
Schedule Of Employee Benefits [Line Items]
Post retirement benefit period	15 years
Minimum | Officers | Executive Plan
Schedule Of Employee Benefits [Line Items]
Terms of services	1 year
Maximum | Other Director and Officer Postretirement Benefits
Schedule Of Employee Benefits [Line Items]
Post retirement benefit period	20 years
Maximum | Officers | Executive Plan
Schedule Of Employee Benefits [Line Items]
Terms of services	5 years

Employee Benefits (Schedule o_3

Employee Benefits (Schedule of fair value of pension plan assets, by fair value hierarchy) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Defined Benefit Plan Disclosure [Line Items]
Plan assets at fair value	$ 17,729	$ 16,906
Defined Benefit Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Plan assets at fair value	17,729	16,906
Defined Benefit Pension Plan | Investment in separate accounts fixed income
Defined Benefit Plan Disclosure [Line Items]
Plan assets at fair value	12,015	11,600
Defined Benefit Pension Plan | Investment in separate accounts equity
Defined Benefit Plan Disclosure [Line Items]
Plan assets at fair value	5,714	5,306
Quoted Prices Active Markets for Identical Assets (Level 1) | Defined Benefit Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Plan assets at fair value	17,729	16,906
Quoted Prices Active Markets for Identical Assets (Level 1) | Defined Benefit Pension Plan | Investment in separate accounts fixed income
Defined Benefit Plan Disclosure [Line Items]
Plan assets at fair value	12,015	11,600
Quoted Prices Active Markets for Identical Assets (Level 1) | Defined Benefit Pension Plan | Investment in separate accounts equity
Defined Benefit Plan Disclosure [Line Items]
Plan assets at fair value	$ 5,714	$ 5,306

Employee Benefits (Employee Sto

Employee Benefits (Employee Stock Ownership Plan (ESOP) Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands		1 Months Ended	3 Months Ended
	Jan. 01, 2023	Jan. 16, 2019	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Number of share purchase under ESOP			432,049		432,049
Committed to be allocated			5,454		21,821
Compensation expense			$ 49	$ 58
Employee Stock Ownership Plan (ESOP)
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Number of share purchase under ESOP		436,425
Common stock price per share		$ 10
Terms of repurchase share under ESOP		20 years
Interest rate	7.50%
Balance of ESOP loan			$ 3,741
Committed to be allocated			21,821
Fair value of unallocated shares			$ 2,629
Compensation expense			$ 50	$ 58

Employee Benefits (Schedule o_4

Employee Benefits (Schedule of employee stock ownership plan) (Details) - shares	Mar. 31, 2023	Dec. 31, 2022
Employee Benefits
Allocated	87,284	65,463
Committed to be allocated	5,454	21,821
Unallocated	343,687	349,141
Paid out to participants	(4,376)	(4,376)
Total shares	432,049	432,049

Employee Benefits (Share-Based

Employee Benefits (Share-Based Compensation Plan Narrative) (Details) - 2020 EIP - USD ($) $ in Thousands		3 Months Ended
	May 26, 2020	Mar. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized	763,743
Vesting period	3 years
Maximum term	10 years
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized	545,531
Percentage of shares of common stock issued	4.90%
Available for future grants		102,813
Aggregate intrinsic value of options exercisable		$ 456
Period for Recognition		5 months 1 day
Unrecognized compensation cost related to the nonvested restricted stock awards granted		$ 101
Restricted stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized	218,212
Percentage of shares of common stock issued	1.96%
Available for future grants		49,444
Period for Recognition		4 months 24 days
Unrecognized compensation cost related to the nonvested restricted stock awards granted		$ 148
Allocated share-based compensation expense		$ 150

Employee Benefits (Summary of o

Employee Benefits (Summary of options) (Details) - 2020 EIP - Stock options - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Number of Shares
Options outstanding at beginning of year	437,930
Options Forfeited	(667)
Options outstanding at end of period	437,263	437,930
Options exercisable at end of period	290,126
Weighted - Average Exercise Price
Weighted - Average Exercise Price, beginning of year	$ 6.62
Weighted - Average Exercise Price, forfeited	6.57
Weighted - Average Exercise Price, end of period	6.62	$ 6.62
Weighted - Average Exercise Price, exercisable	$ 6.62
Weighted-Average Contractual Term
Weighted-Average Contractual Term, outstanding	7 years 4 months 24 days	7 years 7 months 28 days
Weighted-Average Contractual Term, exercisable	7 years 4 months 24 days

Employee Benefits (Summary of C

Employee Benefits (Summary of Company's restricted stock activity) (Details) - Restricted stock	3 Months Ended
	Mar. 31, 2023 $ / shares shares
Number of Shares
Balance at beginning of period (in shares) | shares	56,266
Forfeited (in shares) | shares	(334)
Balance at end of period (in shares) | shares	55,932
Weighted-Average Grant Date Fair Value per Share
Balance at beginning of period (in dollars per share) | $ / shares	$ 6.57
Forfeited (in dollars per share) | $ / shares	6.57
Balance at end of period (in dollars per share) | $ / shares	$ 6.57

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($) item	Mar. 31, 2022 USD ($)	Dec. 31, 2022 USD ($)
Leases
Number of leased branch offices | item	7
Number of leased administrative offices | item	2
Weighted average remaining life of the lease terms	11 years 4 months 24 days		11 years 7 months 6 days
Weighted average discount rate	2.58%		2.58%
Operating lease costs	$ 178	$ 195
Deferred rent liability	95		$ 105
Operating lease right-of-use asset	$ 6,750		$ 6,896
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other Assets.		Other Assets.
Operating lease liability	$ 6,750		$ 6,896
Operating Lease, Liability, Statement of Financial Position [Extensible List]	Accrued Liabilities and Other Liabilities		Accrued Liabilities and Other Liabilities

Leases - Future minimum payment

Leases - Future minimum payments for operating leases (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Leases
2023	$ 571
2024	764
2025	739
2026	720
2027	676
Thereafter	4,394
Total future minimum lease payments	7,864
Amounts representing interest	(1,114)
Present value of net future minimum lease payments	$ 6,750	$ 6,896

Commitments and Contingencies_3

Commitments and Contingencies and Derivatives (Schedule of contract amounts represent off-balance sheet credit risk) (Details) - USD ($) $ in Thousands		3 Months Ended
	Jan. 01, 2023	Mar. 31, 2023	Dec. 31, 2022
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial instruments represent off-balance sheet credit risk, asset		$ 146,942	$ 126,216
Provision for credit losses - unfunded commitments	$ 221	20
Future loan commitments
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial instruments represent off-balance sheet credit risk, asset		5,973	3,815
Construction
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial instruments represent off-balance sheet credit risk, asset		33,989	30,274
Home equity
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial instruments represent off-balance sheet credit risk, asset		9,692	9,561
Undisbursed commercial and other line of credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial instruments represent off-balance sheet credit risk, asset		91,318	77,719
Standby letters of credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial instruments represent off-balance sheet credit risk, asset		5,244	4,571
Loans sold with recourse
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial instruments represent off-balance sheet credit risk, asset		$ 726	$ 276

Commitments and Contingencies_4

Commitments and Contingencies and Derivatives (Schedule of unfunded commitments) (Details) - USD ($) $ in Thousands		3 Months Ended
	Jan. 01, 2023	Mar. 31, 2023
Off-Balance-Sheet, Credit Loss, Liability [Roll Forward]
Provision for credit losses	$ 221	$ 20
Ending balance		241
Commercial real estate
Off-Balance-Sheet, Credit Loss, Liability [Roll Forward]
Provision for credit losses		19
Ending balance		168
Commercial and industrial
Off-Balance-Sheet, Credit Loss, Liability [Roll Forward]
Provision for credit losses		1
Ending balance		66
Consumer
Off-Balance-Sheet, Credit Loss, Liability [Roll Forward]
Ending balance		7
Cumulative effect of change in accounting principle | Accounting Standards Update 2016-13
Off-Balance-Sheet, Credit Loss, Liability [Roll Forward]
Ending balance		221
Cumulative effect of change in accounting principle | Accounting Standards Update 2016-13 | Commercial real estate
Off-Balance-Sheet, Credit Loss, Liability [Roll Forward]
Ending balance		149
Cumulative effect of change in accounting principle | Accounting Standards Update 2016-13 | Commercial and industrial
Off-Balance-Sheet, Credit Loss, Liability [Roll Forward]
Ending balance		65
Cumulative effect of change in accounting principle | Accounting Standards Update 2016-13 | Consumer
Off-Balance-Sheet, Credit Loss, Liability [Roll Forward]
Ending balance		$ 7

Commitments and Contingencies_5

Commitments and Contingencies and Derivatives (Schedule of information regarding derivatives) (Details) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023 USD ($) contract item	Dec. 31, 2022 USD ($) contract
Derivative [Line Items]
Accrued interest receivable	$ 2,999	$ 4,255
Interest rate swap
Derivative [Line Items]
Notional amount	32,436	26,541
Fair value	$ 3,282	$ 3,578
Weighted average pay rates	4.10%	3.69%
Weighted average receive rates	6.80%	6.30%
Weighted average maturity (in years)	8 years 9 months 21 days	8 years 9 months 14 days
Number of Contracts | contract	8	7
Interest rate swap | Other assets
Derivative [Line Items]
Accrued interest receivable	$ 69	$ 56
Interest rate swap | Other liabilities
Derivative [Line Items]
Accrued interest payable	69	$ 56
Five interest rate swap contracts effective in 2023 and 2024
Derivative [Line Items]
Notional amount	67,411
Fair value	$ 2,716
Weighted average pay rates	5.19%
Number of Contracts | item	7

Regulatory Matters (Schedule of

Regulatory Matters (Schedule of actual capital amounts and ratios) (Details) - Rhinebeck Bank $ in Thousands	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total capital (to risk-weighted assets) Actual Amount	$ 141,259	$ 139,257
Total capital (to risk-weighted assets) Actual Ratio	0.1216	0.1225
Total capital (to risk-weighted assets) For Capital Adequacy Purposes Amount	$ 92,932	$ 90,980
Total capital (to risk-weighted assets) For Capital Adequacy Purposes Ratio	0.0800	0.0800
Total capital (to risk-weighted assets) To be Well Capitalized under Prompt Corrective Action Provisions Amount	$ 116,165	$ 113,725
Total capital (to risk-weighted assets) To be Well Capitalized under Prompt Corrective Action Provisions Ratio	0.1000	0.1000
Tier 1 capital (to risk-weighted assets) Actual Amount	$ 131,914	$ 131,314
Tier 1 capital (to risk-weighted assets) Actual Ratio	0.1136	0.1155
Tier 1 capital (to risk-weighted assets) For Capital Adequacy Purposes Amount	$ 69,699	$ 68,235
Tier 1 capital (to risk-weighted assets) For Capital Adequacy Purposes Ratio	0.0600	0.0600
Tier 1 capital (to risk-weighted assets) To be Well Capitalized under Prompt Corrective Action Provisions Amount	$ 92,932	$ 90,980
Tier 1 capital (to risk-weighted assets) To be Well Capitalized under Prompt Corrective Action Provisions Ratio	0.0800	0.0800
Common equity tier one capital (to risk weighted assets) Actual Amount	$ 131,914	$ 131,314
Common equity tier one capital (to risk weighted assets) Actual Ratio	0.1136	0.1155
Common equity tier one capital (to risk weighted assets) For Capital Adequacy Purposes Amount	$ 52,274	$ 51,176
Common equity tier one capital (to risk weighted assets) For Capital Adequacy Purposes Ratio	0.0450	0.0450
Common equity tier one capital (to risk weighted assets) To be Well Capitalized under Prompt Corrective Action Provisions Amount	$ 75,508	$ 73,921
Common equity tier one capital (to risk weighted assets) To be Well Capitalized under Prompt Corrective Action Provisions Ratio	0.0650	0.0650
Tier 1 capital (to average assets) Actual Amount	$ 131,914	$ 131,314
Tier 1 capital (to average assets) Actual Ratio	0.0968	0.0975
Tier 1 capital (to average assets) For Capital Adequacy Purposes Amount	$ 54,525	$ 53,868
Tier 1 capital (to average assets) For Capital Adequacy Purposes Ratio	0.0400	0.0400
Tier 1 capital (to average assets) To be Well Capitalized under Prompt Corrective Action Provisions Amount	$ 68,156	$ 67,335
Tier 1 capital (to average assets) To be Well Capitalized under Prompt Corrective Action Provisions Ratio	0.0500	0.0500

Fair Value (Schedule of assets

Fair Value (Schedule of assets carried at fair value on a recurring basis) (Details) - Recurring basis - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	$ 228,170	$ 228,207
Total liabilities	5,998	4,548
U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	38,309	37,857
U.S. government agency mortgage-backed securities-residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	142,529	144,534
U.S. government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	22,773	22,449
Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	4,839	4,786
Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	12,907	13,217
Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	815	816
Unrealized gains (losses) on available for sale securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	222,172	223,659
Loan level interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	5,998	4,548
Total liabilities	5,998	4,548
Quoted Prices Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	38,309	37,857
Quoted Prices Active Markets for Identical Assets (Level 1) | U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	38,309	37,857
Quoted Prices Active Markets for Identical Assets (Level 1) | Unrealized gains (losses) on available for sale securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	38,309	37,857
Significant Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	189,731	190,220
Total liabilities	5,998	4,548
Significant Observable Inputs (Level 2) | U.S. government agency mortgage-backed securities-residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	142,529	144,534
Significant Observable Inputs (Level 2) | U.S. government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	22,773	22,449
Significant Observable Inputs (Level 2) | Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	4,709	4,656
Significant Observable Inputs (Level 2) | Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	12,907	13,217
Significant Observable Inputs (Level 2) | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	815	816
Significant Observable Inputs (Level 2) | Unrealized gains (losses) on available for sale securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	183,733	185,672
Significant Observable Inputs (Level 2) | Loan level interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	5,998	4,548
Total liabilities	5,998	4,548
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	130	130
Significant Unobservable Inputs (Level 3) | Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	130	130
Significant Unobservable Inputs (Level 3) | Unrealized gains (losses) on available for sale securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	$ 130	$ 130

Fair Value (Schedule of asset_2

Fair Value (Schedule of assets carried at fair value and measured at fair value on a nonrecurring basis) (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, recorded investments		$ 428
Related Allowance		109
Nonrecurring basis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held at fair value	$ 427	319
Nonrecurring basis | Impaired loans, with specific reserves
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held at fair value	427	319
Impaired loans, recorded investments	1,176	428
Related Allowance	749	109
Nonrecurring basis | Quoted Prices Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held at fair value	0	0
Nonrecurring basis | Quoted Prices Active Markets for Identical Assets (Level 1) | Impaired loans, with specific reserves
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held at fair value	0	0
Nonrecurring basis | Significant Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held at fair value	0	0
Nonrecurring basis | Significant Observable Inputs (Level 2) | Impaired loans, with specific reserves
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held at fair value	0	0
Nonrecurring basis | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held at fair value	427	319
Nonrecurring basis | Significant Unobservable Inputs (Level 3) | Impaired loans, with specific reserves
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held at fair value	$ 427	$ 319

Fair Value (Schedule of additio

Fair Value (Schedule of additional quantitative information about assets measured at fair value on a nonrecurring basis) (Details) - Nonrecurring basis $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets held at fair value	$ 427	$ 319
Significant Unobservable Inputs (Level 3)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets held at fair value	$ 427	$ 319
Impaired Loans, Valuation Technique [Extensible List]	Appraisal of collateral	Appraisal of collateral
Significant Unobservable Inputs (Level 3) | Impaired loans
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets held at fair value	$ 427	$ 319
Significant Unobservable Inputs (Level 3) | Appraisal of collateral | Liquidation expenses | Minimum | Impaired loans
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans, unobservable input (in percent)	0	0
Significant Unobservable Inputs (Level 3) | Appraisal of collateral | Liquidation expenses | Maximum | Impaired loans
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans, unobservable input (in percent)	0.06	0.06
Significant Unobservable Inputs (Level 3) | Appraisal of collateral | Appraisal adjustments | Minimum | Impaired loans
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans, unobservable input (in percent)	0	0
Significant Unobservable Inputs (Level 3) | Appraisal of collateral | Appraisal adjustments | Maximum | Impaired loans
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans, unobservable input (in percent)	0.20	0.20

Fair Value (Schedule of carryin

Fair Value (Schedule of carrying value and fair values of the financial instruments) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Quoted Prices Active Markets for Identical Assets (Level 1) | Carrying Value
Financial Assets:
Cash and cash equivalents	$ 36,143	$ 31,384
Available for sale securities	38,309	37,857
Quoted Prices Active Markets for Identical Assets (Level 1) | Fair Value
Financial Assets:
Cash and cash equivalents	36,143	31,384
Available for sale securities	38,309	37,857
Significant Observable Inputs (Level 2) | Carrying Value
Financial Assets:
Available for sale securities	183,733	185,672
Loan level interest rate swaps	5,998	4,548
FHLB stock	5,450	3,258
Financial Liabilities:
Deposits	1,093,524	1,129,933
Mortgagors escrow accounts	8,670	9,732
FHLB advances	106,450	57,723
Subordinated debt	5,155	5,155
Loan level interest rate swaps	5,998	4,548
Significant Observable Inputs (Level 2) | Fair Value
Financial Assets:
Available for sale securities	183,733	185,672
Loan level interest rate swaps	5,998	4,548
FHLB stock	5,450	3,258
Financial Liabilities:
Deposits	1,004,184	1,001,455
Mortgagors escrow accounts	8,670	9,723
FHLB advances	106,369	57,739
Subordinated debt	5,155	5,155
Loan level interest rate swaps	5,998	4,548
Significant Unobservable Inputs (Level 3) | Carrying Value
Financial Assets:
Available for sale securities	130	130
Loans, net	1,004,762	994,368
Mortgage servicing rights	2,292	2,409
Significant Unobservable Inputs (Level 3) | Fair Value
Financial Assets:
Available for sale securities	130	130
Loans, net	961,407	953,432
Mortgage servicing rights	$ 4,877	$ 5,211

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss (Schedule of accumulated other comprehensive loss activity) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	$ 108,132	$ 125,969
Balance	$ 110,717	$ 117,293
Income tax rate	21%	21%
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	$ (32,189)	$ (6,635)
Other comprehensive income (loss) before reclassifications	2,221	(10,939)
Period change	2,221	(10,939)
Balance	(29,968)	(17,574)
Defined Benefit Pension Plan
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	(3,997)	(3,901)
Balance	(3,997)	(3,901)
Unrealized (losses) gains on available for sale securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	(28,192)	(2,734)
Other comprehensive income (loss) before reclassifications	2,221	(10,939)
Period change	2,221	(10,939)
Balance	$ (25,971)	$ (13,673)

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Net income applicable to common stock	$ 798	$ 2,053
Average number of common shares outstanding	11,228,299	11,183,583
Less: Average unearned ESOP shares	346,414	368,235
Average number of common shares outstanding used to calculate basic earnings per common share	10,881,885	10,815,348
Weighted-average common shares and common stock equivalents used to calculate diluted earnings per share	11,021,395	11,009,312
Earnings per Common share:
Basic (in dollars per share)	$ 0.07	$ 0.19
Diluted (in dollars per share)	$ 0.07	$ 0.19
Non vested Stock
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Additional common stock equivalents used to calculate diluted earnings per share	34,822	60,159
Stock options
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Additional common stock equivalents used to calculate diluted earnings per share	104,688	133,805