LINKBANCORP (LNKB) 10-K 30 Mar 23 2022 FY Annual report Financial data

Cover Page

Cover Page - USD ($)	12 Months Ended
	Dec. 31, 2022	Mar. 28, 2023	Jun. 30, 2022
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Entity Central Index Key	0001756701
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Dec. 31, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--12-31
Entity Registrant Name	LINKBANCORP, Inc.
Securities Act File Number	001-41505
Entity Tax Identification Number	82-5130531
Entity Incorporation, State or Country Code	PA
Entity Address, Address Line One	1250 Camp Hill Bypass
Entity Address, Address Line Two	Suite 202
Entity Address, City or Town	Camp Hill
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	17011
City Area Code	855
Local Phone Number	569-2265
Title of 12(b) Security	Common Stock, $0.01 par value per share
Trading Symbol	LNKB
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
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
ICFR Auditor Attestation Flag	false
Entity Shell Company	false
Entity Public Float			$ 91,595,830
Entity Common Stock, Shares Outstanding		16,221,692
Documents Incorporated by Reference	DOCUMENTS INCORPORATED BY REFERENCE Portions of the Proxy Statement for the 2023 Annual Meeting of Shareholders are incorporated by reference in Part III of this Form 10-K
Auditor Firm ID	74
Auditor Name	S.R. Snodgrass, P.C.
Auditor Location	Cranberry Township, Pennsylvania

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
ASSETS
Noninterest-bearing cash equivalents	$ 4,209	$ 8,620
Interest-bearing deposits with other institutions	25,802	13,970
Cash and cash equivalents	30,011	22,590
Certificates of deposit with other banks	5,623	12,828
Securities available for sale, at fair value	78,813	103,783
Securities held to maturity (Fair value of $30,080 and $0, respectively)	31,822	0
Loans held for sale	0	3,860
Loans receivable	927,871	714,816
Less: Allowance for loan losses	(4,666)	(3,152)
Total	923,205	711,664
Investments in restricted bank stock	3,377	2,685
Premises and equipment, net	6,743	5,289
Right-to-Use Asset – Premises	10,219	4,680
Bank-owned life insurance	19,244	18,787
Goodwill and other intangible assets	36,894	37,152
Deferred tax asset	5,619	4,038
Accrued interest receivable and other assets	12,084	5,407
TOTAL ASSETS	1,163,654	932,763
Deposits:
Total deposits	946,772	771,665
Other borrowings	20,938	19,814
Subordinated debt	40,484	20,696
Operating lease liabilities	10,219	4,680
Accrued interest payable and other liabilities	6,688	6,285
TOTAL LIABILITIES	1,025,101	823,140
COMMITMENTS AND CONTINGENT LIABILITIES (Notes 1, 8, and 18)
SHAREHOLDERS' EQUITY
Preferred stock (At December 31, 2022 and 2021: no par value; 5,000,000 shares authorized; no shares issued and outstanding.)
Common stock (At December 31, 2022 and 2021: $0.01 par value; 25,000,000 shares authorized; 14,939,640 and 9,826,435 shares issued and outstanding, respectively.)	149	99
Surplus	117,709	82,910
Retained earnings	27,100	24,836
Accumulated other comprehensive (loss) income	(6,405)	1,778
TOTAL SHAREHOLDERS' EQUITY	138,553	109,623
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	1,163,654	932,763
Demand, noninterest bearing
Deposits:
Total deposits	192,773	129,243
Interest bearing
Deposits:
Total deposits	$ 753,999	$ 642,422

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Held-to-maturity, fair value	$ 30,080	$ 0
Preferred Stock, Par or Stated Value Per Share	$ 0	$ 0
Preferred Stock, Shares Authorized	5,000,000	5,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Shares Authorized	25,000,000	25,000,000
Common Stock, Shares, Issued	14,939,640	9,826,435
Common Stock, Shares, Outstanding	14,939,640	9,826,435

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
INTEREST AND DIVIDEND INCOME
Loans receivable, including fees	$ 36,396	$ 15,924
Investment securities and certificates of deposit:
Taxable	2,175	873
Exempt from federal income tax	1,160	1,252
Other	533	447
Total interest and dividend income	40,264	18,496
INTEREST EXPENSE
Deposits	5,337	2,091
Other borrowings	441	50
Subordinated debt	1,501	249
Total interest expense	7,279	2,390
NET INTEREST INCOME BEFORE PROVISION FOR LOAN LOSSES	32,985	16,106
Provision for loan losses	1,290	648
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	31,695	15,458
NONINTEREST INCOME
Service charges on deposit accounts	832	733
Bank-owned life insurance	497	253
Net realized gains on the sales of debt securities, available for sale	13	74
Gain on sale of loans	753	316
Other	862	763
Total noninterest income	2,957	2,139
NONINTEREST EXPENSE
Salaries and employee benefits	16,224	6,999
Occupancy	2,119	913
Equipment and data processing	3,047	1,437
Professional fees	1,236	685
FDIC insurance	640	231
Bank shares tax	786	434
Merger & system conversion related expenses	973	4,584
Other	2,807	2,214
Total noninterest expense	27,832	17,497
Income before income tax expense (benefit)	6,820	100
Income tax expense (benefit)	1,222	(189)
NET INCOME	$ 5,598	$ 289
EARNINGS PER SHARE, BASIC	$ 0.49	$ 0.04
EARNINGS PER SHARE, DILUTED	$ 0.49	$ 0.04
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING,
BASIC	11,310,386	6,879,658
DILUTED	11,310,386	7,250,463

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 5,598	$ 289
Components of other comprehensive loss:
Unrealized loss on available-for-sale securities	(10,346)	(1,716)
Tax effect	2,173	360
Net of tax amount	(8,173)	(1,356)
Reclassification adjustment for debt securities gains realized in net income	(13)	(74)
Tax effect	3	16
Net of tax amount	(10)	(58)
Total other comprehensive loss	(8,183)	(1,414)
Total comprehensive loss	$ (2,585)	$ (1,125)

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands		Total	Common Stock [Member]	Surplus [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Treasury Stock [Member]
Beginning Balance at Dec. 31, 2020	[1]	$ 50,674	$ 57	$ 21,604	$ 26,009	$ 3,192	$ (188)
Beginning Balance,shares at Dec. 31, 2020	[1]		5,715,950
Net income		289			289
Dividends declared		(1,462)			(1,462)
Impact of merger with GNB Financial Services, Inc.		61,396	$ 41	61,167			$ 188
Impact of merger with GNB Financial Services, Inc., shares			4,098,485
Exercise of stock options		120	$ 1	119
Exercise of stock options, shares			12,000
Stock option expense		20		20
Other comprehensive loss		(1,414)				(1,414)
Ending Balance at Dec. 31, 2021		109,623	$ 99	82,910	24,836	1,778
Ending Balance, Shares at Dec. 31, 2021			9,826,435
Net income		5,598			5,598
Dividends declared		(3,334)			(3,334)
Issuance of shares of common stock, net proceeds, shares			5,101,205
Issuance of shares of common stock, net proceeds		34,650	$ 50	34,600
Exercise of stock options		120		120
Exercise of stock options, shares			12,000
Stock option expense		79		79
Other comprehensive loss		(8,183)				(8,183)
Ending Balance at Dec. 31, 2022		$ 138,553	$ 149	$ 117,709	$ 27,100	$ (6,405)
Ending Balance, Shares at Dec. 31, 2022			14,939,640
[1] Common Stock Shares, Common Stock Amount, Surplus, and Dividends per share amount have been retrospectively adjusted to reflect the effect of the recapitalization due to the Gratz Merger, which has been accounted for as a reverse acquisition.

Consolidated Statements of Sh_2

Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Statement of Stockholders' Equity [Abstract]
Common stock dividend per share declared	$ 0.30	$ 0.205

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
OPERATING ACTIVITIES
Net income	$ 5,598	$ 289
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	1,290	648
Depreciation	850	355
Amortization of intangible assets	258	125
(Accretion) amortization of premiums and (discounts), net	(1,947)	1,379
Origination of loans to be sold	(9,362)	(12,079)
Proceeds from loan sales	10,115	13,410
Gain on sale of loans	(753)	(316)
Share-based and deferred compensation	656	292
Capitalized mortgage servicing rights	(71)	(169)
Bank-owned life insurance income	(497)	(253)
Gain on sale of debt securities, available for sale	(13)	(74)
Change in accrued interest receivable and other assets	(3,605)	(165)
Change in accrued interest payable and other liabilities	(175)	1,332
Net cash provided by operating activities	2,344	4,774
Investment securities available for sale:
Proceeds	513	11,371
Proceeds from calls and maturities	1,245	2,900
Proceeds from principal repayments	11,903	21,592
Purchases		(14,192)
Investment securities held to maturity
Proceeds from principal repayments	2,585
Purchases	(34,389)
Purchase of certificates of deposit with other banks		(249)
Proceeds from redemptions of certificates of deposit with other banks	7,205	4,472
Purchase of restricted investment in bank stocks	(7,996)	(536)
Redemption of restricted investment in bank stocks	7,304	1,122
Increase in loans, net	(206,406)	(66,472)
Purchase of bank-owned life insurance		(5,000)
Proceeds from death benefit under bank-owned life insurance	41	191
Proceeds from disposal of premises and equipment		131
Purchase of premises and equipment	(2,304)	(260)
Purchase of computer software	(2,291)
Net cash acquired through merger and acquisition		39,885
Net cash used in investing activities	(222,590)	(5,045)
FINANCING ACTIVITIES
Increase in deposits, net	175,107	5,381
Change in short-term borrowings, net	1,124
Proceeds from issuance of subordinated debt	20,000
Repayments of other borrowings		(14,340)
Issuance of shares from exercise of stock options	120	120
Dividends paid	(3,334)	(1,462)
Net proceeds from issuance of common stock	34,650
Net cash provided by (used in) financing activities	227,667	(10,301)
Increase (decrease) in cash and cash equivalents	7,421	(10,572)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	22,590	33,162
CASH AND CASH EQUIVALENTS AT END OF PERIOD	30,011	22,590
SUPPLEMENTAL CASH FLOW DISCLOSURES
Interest	6,585	2,520
Income taxes	$ 395	560
Non-cash assets acquired:
Securities available for sale		3,111
Loans		415,905
Investments in restricted bank stock		1,039
Premises and equipment		2,087
Right-of-Use Asset		4,544
Bank-owned life insurance		4,784
Goodwill		33,508
Intangible assets		1,246
Deferred tax assets		3,675
Accrued interest receivable and other assets		3,295
Liabilities assumed:
Deposits		391,160
Other borrowings		33,034
Subordinated debt		20,740
Operating lease liabilities		4,544
Accrued interest payable and other liabilities		2,026
Net non-cash assets acquired		61,396
Cash and cash equivalents acquired		$ 49,962

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES A summary of significant accounting and reporting policies applied in the presentation of the accompanying consolidated financial statements follows: Nature of Operations LINKBANCORP, Inc. (the “Company” or "LINKBANCORP") was incorporated on April 6, 2018 , under the laws of the Commonwealth of Pennsylvania. The Company was formed with the intent of becoming a bank holding company through acquisition of a bank. On September 17, 2018, the Pennsylvania Department of Banking and Securities (the "PADOBS") approved the acquisition of 100 percent of the shares of Stonebridge Bank, subject to recapitalization of the bank and continued compliance with capital ratios outlined in Note 17. On October 5, 2018, LINKBANCORP, Inc. purchased 100 percent of the outstanding shares of Stonebridge Bank, from its former parent company Stonebridge Financial Corp. under section 363 of the Bankruptcy Code. LINKBANCORP subsequently renamed the bank LINKBANK. On December 10, 2020, the Company and its wholly owned subsidiary, LINKBANK, and GNB Financial Services, Inc. (“GNBF”), and its wholly owned subsidiary, The Gratz Bank (the "Bank”) entered into an Agreement and Plan of Merger (the “Gratz Merger Agreement”) pursuant to which GNBF merged with and into the Company, with the Company as the surviving corporation. LINKBANK merged with and into The Gratz Bank, with The Gratz Bank as the surviving institution. The merger was consummated effective September 18, 2021. In markets other than the pre-merger Gratz Bank areas, the Bank operated as "LINKBANK, a division of The Gratz Bank." Effective November 4, 2022, the Bank began to operate under one brand under the name LINKBANK. The Bank is a full-service commercial bank providing personal and business lending and deposit services. The Bank’s operations are conducted from its ten Solutions Centers located in Dauphin, Chester, Cumberland, Lancaster, Northumberland, and Schuylkill Counties, and loan production offices located in Chester and York Counties, all within Pennsylvania. The Company’s corporate office resides in Camp Hill, Pennsylvania. As a state chartered, non-Federal Reserve member bank, the Bank is subject to regulation and supervision by the PADOBS and the Federal Deposit Insurance Corporation (the "FDIC"). The Company is regulated by the Federal Reserve Bank of Philadelphia. The Bank’s deposits are insured up to the applicable limits by the FDIC. Basis of Presentation The merger of GNBF with and into the Company was accounted for as a reverse acquisition using the acquisition method of accounting, in accordance with the provisions of FASB ASC 805 Business Combinations. As such, GNBF was the accounting acquirer and LINKBANCORP was the accounting acquiree. Factors considered within this guidance included, but were not limited to the following: • the relative voting interests of GNB shareholders and LINK shareholders in the resulting company after the merger was completed; • the composition of the board of directors of the Company after the merger was completed; • the composition of executive and senior management of the resulting company after the merger was completed; • the terms of the exchange of equity securities in the merger; and • the relative size of GNB and LINK at the time of the merger. Accordingly, GNBF's historical financial statements are the historical financial statements of the combined company for all periods prior to September 18, 2021 (the "Merger Date"). The Company’s results of operations for 2021 and 2022 include the results of operations of the combined company on and after the Merger Date. Results for periods before the Merger Date reflect only those consolidated results of GNBF and do not include the results of operations of LINKBANCORP. The number of shares issued and outstanding, earnings per share, additional paid-in capital, dividends paid and all references to share quantities of the Company have been retrospectively adjusted to reflect the equivalent number of shares issued to holders of GNBF common stock in the Gratz Merger. The assets and liabilities of LINKBANCORP as of the Merger Date have been recorded at their estimated fair value and added to those of GNBF. See Note 2. Merger for further information. The accompanying consolidated financial statements include the accounts of the Company and the Bank. All significant intercompany accounts and transactions have been eliminated in consolidation. The accounting and reporting practices of the Company conform to accounting principles generally accepted in the United States of America (GAAP) and to general practices within the banking industry. The following summarizes the more significant of these policies and practices. Initial Public Offering In September 2022, the Company completed its initial public offering ("IPO") whereby it issued and sold 5,101,205 shares of common stock at a public offering price of $ 7.50 per share. The Company received net proceeds of $ 34,650 after deducting underwriting discounts and commissions of $ 2,487 and other offering expenses of $ 1,114 . The Company plans to use the proceeds to support the Bank's current growth, its future growth initiatives, and for general corporate purposes. The Company's common stock now trades on the Nasdaq Capital Market under the symbol "LNKB." Reclassification of Prior Period Financial Statements Certain previously reported items have been reclassified to conform to the current year's classifications. Reclassifications had no effect on prior year net income or shareholders' equity. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the allowance for loan losses and the valuation of deferred tax assets. Acquisition Method of Accounting The Company accounts for acquisitions using the acquisition method of accounting. The acquisition method of accounting requires the Company to estimate the fair value of the tangible assets and identifiable intangible assets acquired and liabilities assumed. The estimated fair values are based on available information and current economic conditions at the date of acquisition. Fair value may be obtained from independent appraisers, discounted cash flow present value techniques, management valuation models, quoted prices on national markets or quoted market prices from brokers. These fair value estimates will affect future earnings through the disposition or amortization of the underlying assets and liabilities. Accounting for business combination under GAAP acquisition method prohibits “carrying over” valuation allowances, such as the allowance for loan losses. Uncertainties relating to the expected future cash flows are reflected in the fair value measurement of the acquired loans and reflected in the purchase price. The Company will establish loan loss allowances for the acquired loans in periods after the acquisition, but only for losses incurred on these loans due to credit deterioration after acquisition. For business acquisitions, whereby the Company acquires loans that have shown evidence of credit deterioration since origination, the Company will classify these loans as purchased credit-impaired (“PCI”) loans. The Company will determine which loans will be classified as PCI loans based on borrower payment history, past due status, loan credit grading, value of underlying collateral and other factors that affect the collectability of contractual cash flows. Under GAAP, purchasers are permitted to individually evaluate or collectively aggregate PCI loans into pools. PCI loans acquired in the same fiscal quarter may be assembled into one or more pools with common risk characteristics. Once pooled, a single composite interest rate is used to determine aggregate expected cash flows for each respective pool. PCI loans are recorded on the acquisition date at fair value. The Company estimates the amount and timing of expected cash flows for each individually analyzed loan. Estimated cash flows in excess of the amount paid is recorded as interest income over the remaining life of the loan. On a quarterly basis, the Company will update the amount of loan principal and interest cash flows expected to be collected, incorporating assumptions regarding default rates, loss severities, the amounts and timing of prepayments and other factors that are reflective of current market conditions. Probable decreases in expected loan principal cash flows trigger the recognition of impairment, which is then measured as the present value of the expected principal loss plus any related foregone interest cash flows discounted at the loan’s effective interest rate. Impairments that occur after the acquisition date are recognized through the allowance for loan losses. Probable and significant increases in expected cash flows would first reverse any previously recorded allowance for loan losses; any remaining increases are recognized prospectively as interest income. The impacts of (i) prepayments, (ii) changes in variable interest rates, and (iii) any other changes in the timing of expected cash flows are recognized prospectively as adjustments to interest income. Disposals of loans, which may include sales of loans, receipt of payments in full by the borrower, or foreclosure, result in removal of the loan from the PCI portfolio. Goodwill and Other Intangible Assets Goodwill represents the excess of the acquisition cost over the fair value of the net assets acquired in the acquisition. GAAP requires goodwill to be tested for impairment on an annual basis and between annual tests in certain circumstances and written down when impaired. There can be no assurance that future goodwill impairment tests will not result in a charge to income. Core deposit intangible assets (“CDI”) are initially measured at fair value and then amortized over the expected life on an accelerated basis using projected decay rates of the underlying core deposits. The expected life is generally ten years . The principal factors considered when valuing the CDI consist of the following: (1) the rate and maturity structure of the interest-bearing liabilities, (2) estimated retention rates for each deposit liability category, (3) the current interest rate environment, and (4) estimated noninterest income potential of the acquired relationship. The CDI is evaluated periodically for impairment. Goodwill and other intangible assets are reviewed for impairment annually as of December 31 and between annual tests when events and circumstances indicate that impairment may have occurred. If there is a goodwill impairment charge, it will be the amount by which the reporting unit’s carrying amount exceeds its fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. The same one-step impairment test is applied to goodwill at all reporting units. The determination of the fair value of the Company incorporates assumptions that marketplace participants would use in their estimates of fair value of the Company in a change of control transaction, as prescribed by ASC Topic 820. To arrive at a conclusion of fair value, we utilize both the Income and Market Approach and then apply weighting factors to each result. Weighting factors represent our best business judgment of the weightings a market participant would utilize in arriving at a fair value for the Company. In performing our analyses, we also made numerous assumptions with respect to industry performance, business, economic and market conditions, and various other matters, many of which cannot be predicted and are beyond our control. With respect to financial projections, projections reflect the best currently available estimates and judgments as to the expected future financial performance of the Company. Cash and Cash Equivalents For purposes of reporting cash flows, cash and cash equivalents include cash on hand and amounts due from banks. Generally, federal funds are purchased and sold for one-day periods. Short-term investments include interest bearing-deposits with banks with an original maturity of less than 90 days. Investment Securities Investment securities are classified as held to maturity and carried at amortized cost when management has the positive intent and ability to hold them to maturity. Investment securities that will be held for indefinite periods of time, including securities that may be sold in response to changes in market interest or prepayment rates, needs for liquidity, and changes in the availability of and in the yield of alternative investments, are classified as available for sale. These investment securities are carried at fair value. Fair values of securities available for sale are determined by using Level 2 fair value measures calculated through the use of matrix pricing. Matrix pricing is a common mathematical technique that does not rely exclusively on quoted market prices for specific securities but rather utilizes the security’s relationship to other benchmark quoted prices in determining fair value. The Company uses independent service providers to calculate our Level 2 fair value measures. Unrealized gains and losses are excluded from operations and are reported net of tax as a separate component of other comprehensive income until realized. Realized gains and losses on the sale of investment securities are reported in the consolidated statements of income and determined using the adjusted cost of the specific security sold on the trade date. Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Investment securities are evaluated on at least a quarterly basis, and more frequently when market conditions warrant such an evaluation, to determine whether a decline in their value is other-than-temporary. To determine whether a loss in value is other-than-temporary, management utilizes criteria such as the reasons underlying the decline, the magnitude and duration of the decline, the intent to hold the security and the likelihood of the Company not being required to sell the security prior to an anticipated recovery in the fair value. The term “other-than-temporary” is not intended to indicate that the decline is permanent but indicates that the prospects for a near-term recovery of value is not necessarily favorable, or that there is a lack of evidence to support a realizable value equal to or greater than the carrying value of the investment. Once a decline in value is determined to be other-than-temporary, the portion of the decline related to credit impairment is charged to earnings, and any other-than-temporary impairment related to other factors is recognized in other comprehensive income. Loans Receivable Loans receivable that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are stated at their outstanding unpaid principal balances, net of an allowance for loan losses and any deferred fees or costs. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized as an adjustment of the yield (interest income) of the related loans. The Bank is generally amortizing these amounts over the contractual life of the loan. Premiums and discounts on purchased loans are amortized as adjustments to interest income using the effective yield method. The loans receivable portfolio is segmented into commercial and consumer loans. Commercial loans consist of the following classes: agriculture, commercial and industrial, commercial real estate, and municipal. Consumer loans consist of the following classes: residential real estate, and other consumer. The loan segments are based on collateral type. The accrual of interest on all portfolio classes, including troubled debt restructurings, is discontinued at the time the loan is more than ninety days delinquent unless the loan is well collateralized and in process of collection. Nonaccrual loans are reviewed for charge-off if more than ninety-days past due, except for residential loans and consumer loans. Residential loans are reviewed at 180 days and consumer loans are reviewed at 120 days past due. In all cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered unlikely. All interest accrued but not collected for loans placed on nonaccrual or charged-off is reversed against interest income. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. In addition, a loan should be in accordance with the contractual terms for a reasonable period, usually requiring a payment history of six months. Loans Held for Sale Mortgage loans originated and intended for sale in the secondary market are carried at the lower of aggregate cost or fair value, as determined by outstanding commitments from investors. Net unrealized losses, if any, are recorded as a valuation allowance and charged to earnings. Allowance for Loan Losses The allowance for loan losses is a valuation allowance for probable incurred credit losses. Loan losses are charged against the allowance when management believes the collectability of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. There were no material changes in the Bank’s accounting policies or methodology related to the allowance for loan losses during the year ended December 31, 2022. The allowance for loan losses is evaluated on a quarterly basis by management and is based upon management’s periodic review of the collectability of the loans considering historical experience, the size and composition of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of specific and general components. The specific component relates to loans that are classified as impaired. For such loans, an allowance is established when the discounted cash flows, collateral value or observable market price of the impaired loan is lower than the carrying value of that loan. The general component covers all other loans and is based on historical loss experience adjusted for qualitative factors. The historical loss component of the allowance is determined by losses recognized by portfolio segment over the preceding sixteen quarters. This is supplemented by the risks for each portfolio segment. Risk factors impacting loans in each of the portfolio segments include broad deterioration of property values, reduced consumer, and business spending as a result of unemployment and reduced credit availability and lack of confidence in the economy. The historical experience is adjusted for the following qualitative factors: (a) the existence and effect of any concentrations of credit and changes in the level of such concentrations; (b) changes in national, regional and local economic conditions that affect the collectability of the loan portfolio; (c) changes in levels or trends in charge-offs and recoveries; (d) changes in the volume and severity of past due loans, nonaccrual loans or loans classified special mention, substandard, doubtful or loss; (e) changes in the nature and volume of the loan portfolio and terms of loans; (f) changes in lending policies and procedures, risk selection and underwriting standards; (g) changes in the experience, ability and depth of lending management and other relevant staff; (h) quality of loan review; (i) the effect of other external factors, trends or uncertainties that could affect management’s estimate of probable losses, such as competition and industry conditions. The Company uses peer data when they have insufficient history to use their own loss data. The peer group is made up of various Bank’s with similar size and geographical location to obtain comparable data. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis for commercial, commercial real estate, and residential mortgage loan segments by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral-dependent. Loans for which the terms have been modified resulting in a concession, and for which the borrower is experiencing financial difficulties, are considered troubled debt restructurings (TDRs) and classified as impaired. Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Accordingly, the Company does not separately identify individual consumer loans for impairment disclosures. Purchased Credit Impaired Loans The Company purchased loans in connection with the Gratz Merger. These purchased credit impaired (“PCI”) loans were recorded at the amount paid, such that there is no carryover of the seller’s allowance for loan losses. After acquisition, losses are recognized by an increase in the allowance for loan losses. Over the life of the loan, expected cash flows continue to be estimated. If this subsequent estimate indicated that the present value of expected cash flows is less than the carrying amount, a charge to the allowance for loan loss is made through a provision. If the estimate indicates that the present value of the expected cash flows is greater than the carrying amount, it is recognized as part of future interest income. Such PCI loans are accounted for individually, and the Company estimates the amount and timing of expected cash flows for each loan. The expected cash flows in excess of the amount paid is recorded as interest income over the remaining life of the loan (accretable yield). The excess of the loan’s contractual principal and interest over expected cash flows is not amortized over the remaining life of the loan (nonaccretable difference). For loans purchased that did not show evidence of credit deterioration, the difference between the fair value of the loan at the acquisition date and the loan’s face value is being amortized as a yield adjustment over the estimated remaining life of the loan using the effective interest method. Investment in Restricted Stock, at Cost The Company holds restricted stock in the Federal Home Loan Bank (“FHLB”) of Pittsburgh and the Atlantic Community Bancshares, Inc. (“ACBB”) which is carried at cost. The Company holds $ 194 of ACBB stock at both December 31, 2022 and 2021 . The Company holds $ 3,183 and $ 2,491 of FHLB stock at December 31, 2022 and 2021 , respectively. The FHLB stock is bought from and sold to the FHLB based upon its $ 100 par value. The stock does not have a readily determinable fair value and as such is classified as restricted stock, carried at cost, and evaluated for impairment as necessary. The stock’s value is determined by the ultimate recoverability of the par value rather than by recognizing temporary declines. The determination of whether the par value will ultimately be recovered is influenced by criteria such as the following: (a) the significance of the decline in net assets of the FHLB as compared to the capital stock amount and the length of time this situation has persisted; (b) commitments by the FHLB to make payments required by law or regulation and the level of such payments in relation to the operating performance; (c) the impact of legislative and regulatory changes on the customer base of the FHLB; and (d) the liquidity position of the FHLB. Management evaluated the stock and concluded that the stock was not impaired for the periods presented herein. Bank-Owned Life Insurance The Company invests in bank-owned life insurance (“BOLI”) as a source of funding for employee benefit expenses. BOLI involves the purchasing of life insurance by the Company on a chosen group of employees. The Company is the owner and beneficiary of the policies. This life insurance investment is carried at the cash surrender value of the underlying policies. Income from the increase in cash surrender value of the policies is included in non-interest income in the Consolidated Statement of Operations, net of expenses. Premises and Equipment Leasehold improvements and furniture and equipment are stated at cost, less accumulated depreciation. Depreciation and amortization expense is computed using the straight-line method over the estimated useful lives of the assets. Estimated useful lives for furniture and equipment are three to ten years ; leasehold improvements are amortized over the shorter of their respective lease term or estimated life of the improvement. Other Real Estate Owned Foreclosed assets acquired in settlement of loans are carried at fair value, less estimated costs to sell. Prior to foreclosure, as the value of the underlying loan is written down to fair value of the real estate or other assets to be acquired by a charge to the allowance for loan losses, if necessary. Any subsequent write-downs are charged against operating expenses. Operating expenses of such properties, net of related income and losses on disposition, are included in other expenses and gains and losses are included in other noninterest income or other noninterest expense. As of December 31, 2022 and 2021 , the Company had no other real estate owned. As of December 31, 2022 , the Company has initiated formal foreclosure proceedings on no consumer residential mortgages, which have not yet been transferred into foreclosed assets. Transfers of Financial Assets Transfers of financial assets are accounted for as sales when control of the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Bank, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Bank does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity. Income Taxes The income tax accounting guidance results in two components of income tax expense: current and deferred. Current income tax expense reflects taxes to be paid or refunded for the current period by applying the provisions of the enacted tax law to the taxable income or excess of deductions over revenues. The Bank determines deferred income taxes using the liability (or balance sheet) method. Under this method, the net deferred tax asset or liability is based on the tax effects of the differences between the book and tax bases of assets and liabilities, and enacted changes in tax rates and laws are recognized in the period in which they occur. Deferred income tax expense results from changes in deferred tax assets and liabilities between periods. Deferred tax assets are reduced by a valuation allowance if, based on the weight of the evidence available, it is more likely than not that some portion or all of a deferred tax asset will not be realized. The Company accounts for uncertain tax positions if it is more likely than not, based on the technical merits, that the tax position will be realized or sustained upon examination. The term more likely than not means a likelihood of more than 50 percent; the terms examined and upon examination also include resolution of the related appeals or litigation processes, if any. A tax position that meets the more-likely-than-not recognition threshold is initially and subsequently measured as the largest amount of tax benefit that has a greater than 50 percent likelihood of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. The determination of whether a tax position has met the more-likely-than-not recognition threshold considers the facts, circumstances, and information available at the reporting date and is subject to management’s judgment. The Bank recognizes interest and penalties on income taxes as a component of income tax expense. Off-balance Sheet Financial Instruments In the ordinary course of business, the Bank has entered into off-balance sheet financial instruments consisting of commitments to extend credit and letters of credit. Such financial instruments are recorded in the consolidated balance sheets when they are funded. Share-based Compensation The Bank follows the provisions of ASC 718-10, Compensation – Stock Compensation. This standard requires the Bank to recognize the cost of employee and organizer services received in share-based payment transactions and measure the cost based on the grant-date fair value of the award. The cost will be recognized over the period during which the employee or organizer is required to provide service in exchange for the award. The stock compensation accounting guidance requires that compensation cost for all stock awards be calculated and recognized over the employee’s service period, generally defined as the vesting period. For awards with graded-vesting, compensation cost is recognized on a straight-line basis over the requisite service period for the entire award. A Black-Scholes model is used to estimate the fair value of stock options, while the fair value of the Company’s common stock as the date of grant is used for restricted stock awards. Stock Warrants The Company issued stock purchase warrants in connection with its initial stock offering via private placement, giving organizers the right to purchase shares of common stock at the initial offering price of $ 10 per share. For organizers, the warrants serve as a reward for bearing the financial risk of the Company’s organization by advancing “seed money” for its organizational and pre-opening expenses. The organizers’ warrants are non-voting and are exercisable for a period of ten years from the date of grant. All grants were issued during 2019. These warrants are transferable in accordance with the warrant agreement, but are not puttable to the Company. These shares may be issued from previously authorized but unissued shares of stock. The Board has made no additional authorization to issue any further warrants as of December 31, 2022 and has no current plans for future issuance of warrants. To date, organizers have not exercised any warrants since their issuance. Based on the contractual terms, the warrants do not fall within the scope of ASC 480-10, Distinguishing Liabilities from Equity , and they meet the requirements within ASC 815, Derivatives and Hedging , to be classified within shareholders’ equity. The fair value of these shares upon issuance using the Black-Scholes model was zero, based on the fair value for the stock on the date of grant. Comprehensive Income Comprehensive Income consists of net income and other comprehensive (loss) income. Other comprehensive (loss) income includes unrealized gains and losses

Mergers and Acquisitions

Mergers and Acquisitions	12 Months Ended
	Dec. 31, 2022
Business Combinations [Abstract]
Mergers and Acquisitions	2. MERGERS AND ACQUISITIONS Partners Bancorp On February 22, 2023 , the Company entered into an Agreement and Plan of Merger (the "Partners Merger Agreement") with Partners Bancorp ("Partners"), a Maryland corporation, and the holding company for Bank of Delmarva and Virginia Partners Bank, based in Seaford, Delaware and Fredericksburg, Virginia, respectively. At December 31, 2022, Partners had total assets of $ 1.57 billion, total loans of $ 1.23 billion, total deposits of $ 1.34 billion, and 17,973,724 shares outstanding. The Partners Merger Agreement provides that, subject to the terms and conditions thereof, Partners will merge with and into the Company, with the Company as the surviving corporation, and that Bank of Delmarva and Virginia Partners Bank will merge with and into LINKBANK, with LINKBANK as the surviving bank. The Partners Merger is expected to close in the third quarter of 2023, subject to the satisfaction of closing conditions, including receipt of regulatory approvals and approval by the shareholders of each company. The acquisition will introduce the Company's operations into northern Virginia, eastern Maryland, Delaware, and southern New Jersey. Pursuant to the Partners Merger Agreement as of the effective date, each share of Partners common stock outstanding will be converted into the right to receive 1.150 of shares of the Company, par value $ 0.01 per share. Holders of Partners common stock will receive cash in lieu of fractional shares. GNB Financial Services, Inc. As described in Note 1. Summary of Significant Accounting Policies, effective September 18, 2021 the Company completed its merger with GNBF by acquiring 100 % of the outstanding common shares of GNBF. Pursuant to the Merger Agreement, GNBF merged with and into LINKBANCORP with LINKBANCORP as the surviving corporation. Additionally, LINKBANK, the wholly owned subsidiary of LINKBANCORP merged with and into The Gratz Bank, a wholly owned subsidiary of GNBF with The Gratz Bank as the surviving bank subsidiary of the Company. This transaction, in total, is herein referred to as the Merger. The Merger constituted a business combination and was accounted for as a reverse acquisition using the acquisition method of accounting, in accordance with the provisions of FASB ASC 805 Business Combinations. As such, GNBF was the accounting acquirer and LINKBANCORP was the accounting acquiree and the historical financial statements of the combined company are the historical financial statements of GNBF. Under the Gratz Merger Agreement, GNBF shareholders had the opportunity to elect to receive $ 87.68 per share in cash or 7.3064 of LINKBANCORP common shares for each share they own. The agreement provided for proration procedures intended to ensure that, in the aggregate, at least 80 % of the GNBF common shares outstanding will be exchanged for LINKBANCORP common stock. The Gratz Merger was effective on September 18, 2021 , with the GNBF shareholders collectively electing to receive cash for 14.865 % of their shares and LINKBANCORP common shares for 85.135 % of existing GNBF shares. These elections resulted in LINKBANCORP issuing 4.85 million common shares to GNBF shareholders which represented approximately 49.4 % of the post-merger outstanding common shares of the Company. In accordance with FASB ASC 805-40-30-2, the fair value consideration of a reverse acquisition is determined based on a number of hypothetical equity interest the legal acquiree would have had to issue to give the owners of the legal acquirer the same percentage equity interest in the combined entity that results from the reverse acquisition. The total fair value consideration was $ 71.5 million which consisted of $ 54.0 million for the fair value of common stock issued, $ 10.1 million in cash consideration and $ 7.4 million for the fair value of LINKBANCORP options and warrants. The consideration assigned to cash and common stock in this reverse acquisition was determined based on the hypothetical number of equity interests that GNBF would have had to issue to give LINK shareholders a 50.62 % ownership, the same percentage equity interest in the combined entity that results from the reverse acquisition. The allocation of the consideration assigned to cash and common stock was allocated between the actual cash to be paid by the legal acquirer with the resultant amount being assigned to common equity. The following table summarizes the fair value consideration paid for GNBF as of the date of acquisition: (Dollars in thousands except per share amounts) Total GNBF common shares outstanding 779,000 GNBF shares outstanding exchanged for LINKBANCORP, Inc. common stock 663,240 GNBF shares outstanding exchanged for cash 115,760 Exchange Ratio 7.3064 LINKBANCORP, Inc. shares to be issued to GNBF shareholders 4,845,897 LINKBANCORP, Inc. Shares currently outstanding 4,968,550 Total LINKBANCORP, Inc. shares to be outstanding 9,814,447 GNBF pro forma common share % ownership 49.38 % LINKBANCORP, Inc. pro forma common share % ownership 50.62 % Reverse Acquisition Hypothetical Purchase Price Consideration GNBF shares outstanding exchanged for LINKBANCORP, Inc. common stock 663,240 Ownership % to be owned by current GNBF shareholders 49.38 % Hypothetical GNBF shares outstanding based on GNBF % ownership 1,343,267 Ownership % by legacy LINKBANCORP, Inc. shareholders 50.62 % Hypothetical GNBF shares to be issued as consideration 680,027 Fair value of GNBF shares (LINKBANCORP, Inc. fair value per share of $ 12.90 as of 9/17/2021 multiplied by the exchange rate) $ 94.25 Purchase price assigned to hypothetical GNBF shares issued to LINKBANCORP, Inc. shareholders $ 64,094 LINKBANCORP, Inc. options and warrants 1,962,484 Fair value per options and warrants $ 3.76 Purchase price assigned to LINKBANCORP, Inc. options and warrants 7,379 Total purchase price consideration $ 71,473 Pro Forma Purchase Price Allocation Between Stock & Cash: Cash consideration $ 10,077 Common Stock 61,396 Total Purchase Price For Accounting Purposes $ 71,473 The Company accounts for business combinations under the acquisition method in accordance with ASC Topic 805, Business Combinations. Accordingly, for each transaction, the purchase price is allocated to the fair value of the assets acquired and liabilities assumed as of the date of the acquisition. In conjunction with the adoption of ASU 2015-16, upon receipt of final fair value estimates during the measurement period, which must be within one year of the acquisition date, the Company records any adjustments to the preliminary fair value estimates in the reporting period in which the adjustments are determined. The Company is continuing to finalize the fair values of loans, intangible assets, and income taxes. The Company finalized the fair values of loans, intangible assets, other assets, income taxes, and liabilities as of September 18, 2022. T he purchase price for the Gratz Merger is allocated in the table below. Total Consideration in the Merger $ 71,473 Calculated Fair Value of Assets Acquired Cash and cash equivalents $ 49,962 Securities available for sale 3,111 Loans 415,905 Premises and equipment 2,087 Right-of-use asset 4,544 Intangible assets 1,246 Investment in bank owned life insurance 4,784 Deferred taxes 3,675 Other assets 4,394 Total Assets Acquired 489,708 Calculated Fair Value of Liabilities Assumed Deposits 391,160 Long term borrowings 33,034 Subordinated debt 20,740 Operating lease liabilities 4,544 Other liabilities 2,265 Total Liabilities Assumed 451,743 Net Assets Acquired 37,965 Goodwill From the Merger $ 33,508 The following table summarizes the Gratz Merger as of September 18, 2021: Total Consideration in the Merger $ 71,473 LINKBANCORP, Inc. shareholders’ equity $ 43,124 LINKBANCORP, Inc. goodwill and intangibles ( 1,353 ) Fair Value Adjustments: Loans Interest rate ( 1,521 ) General credit ( 6,346 ) Credit adjustment for loans acquired with deteriorated credit quality ( 1,243 ) Remove existing deferred loan fees, net at acquisition 1,192 Remove the allowance for loan losses present at acquisition 4,953 Intangible assets 1,146 Other assets ( 991 ) Time deposits ( 231 ) Subordinated debt ( 765 ) 37,965 Goodwill From the Merger $ 33,508 Pursuant to the accounting requirements, the Company assigned a fair value to the assets acquired and liabilities assumed of LINKBANCORP ASC 820 defines fair value as “the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.” The assets acquired and liabilities assumed in the acquisition of LINKBANCORP were recorded at their estimated fair values based on management’s best estimates using information available at the date of the acquisition and are subject to adjustment for up to one year after the closing date of the acquisition. While the fair values are not expected to be materially different from the estimates, any material adjustments to the estimates will be reflected, retroactively, as of the date of the acquisition. The items most susceptible to adjustment are the fair value adjustments on loans, core deposit intangible and the deferred income tax assets resulting from the acquisition. Goodwill represents consideration transferred in excess of the fair value of the net assets acquired. The goodwill resulting from the acquisition represents the value expected from the expansion of the Company's market and enhancement of operations and efficiencies. Goodwill acquired in the acquisition is not deductible for tax purposes. Fair values of the major categories of assets acquired and liabilities assumed were determined as follows: Investment securities available-for-sale The estimated fair values of the investment securities available for sale, primarily comprised of U.S. Government agency mortgage-backed securities were determined using Level 1 and Level 2 inputs in the fair value hierarchy. A fair value premium of $ 96 was recorded and will be amortized over the estimated life of the investments using the interest rate method. Loans Acquired loans (performing and non-performing) are initially recorded at their acquisition-date fair values using Level 3 inputs. Fair values are based on a discounted cash flow methodology that involves assumptions and judgments as to credit risk, expected lifetime losses, environmental factors, collateral values, discount rates, expected payments and expected prepayments. Specifically, the Company has prepared three separate loan fair value adjustments that it believed a market participant might employ in estimating the entire fair value adjustment for the acquired loan portfolio. The three fair value adjustments employed were for loans acquired without evidence of credit quality deterioration, the Company prepared the interest rate loan fair value and credit fair value adjustments and for ASC 310-30 purchased credit impaired loans a specific credit fair value adjustment was made. The acquired loans were recorded at fair value at the acquisition date without carryover of LINKBANCORP’s previously established allowance for loan losses. The fair value of the financial assets acquired included loans receivable with an unpaid principal bal ance of $ 425.0 m illion. The table below illustrates the fair value adjustments made to the amortized cost basis in order to present the fair value of the loans acquired. Unpaid principal balance at Merger $ 425,015 Interest rate fair value adjustment on pools of homogeneous loans ( 1,520 ) Credit fair value adjustment on pools of homogeneous loans ( 6,347 ) Credit fair value adjustment on purchased credit impaired loans ( 1,243 ) Fair value of acquired loans $ 415,905 For loans acquired without evidence of credit quality deterioration were grouped into homogeneous pools by characteristics such as loan type, term, collateral, and rate. Market rates for similar loans were obtained from various internal and external data sources. From each pool a monthly expected cash flow was prepared that incorporated expected monthly payments, impact of prepayments and expected monthly net charge-offs. A discounted cash flow was calculated for each pool to estimate the fair value. In this analysis the fair value adjustment was bifurcated into two components an interest rate fair value adjustment and a general credit fair value adjustment. Additionally, it is noted the credit fair value adjustment incorporated assumptions for: 1) expected lifetime credit migration losses; and 2) estimated fair value adjustment for certain qualitative factors. Both the interest rate and credit fair value adjustments relate to loans acquired with evidence of credit quality deterioration will be substantially recognized as interest income on a level yield amortization method over the expected life of the loans. For loans acquired with evidence of credit quality deterioration, ASC 310-30 loans, the fair value was calculated with a non-accretable fair value discount based on an adjusted collateral value and if there was a collateral shortfall a non-accretable discount was established. This non-accretable discount would not be amortized for GAAP purposes. In additional an accretable yield fair value discount was created to reflect the time value of money a market participant would discount the loan for the time it would take to recover the adjusted collateral value. The accretable yield fair value will be recognized over the workout period of the loan on a level yield basis as a component of interest income. The following table presents the acquired purchased credit impaired loans receivable at the merger date: Contractual principal and interest at Merger $ 8,509 Nonaccretable difference ( 2,716 ) Expected cash flows at Merger 5,793 Accretable yield ( 409 ) Fair value of purchased credit impaired loans $ 5,384 Facilities Leases The Company assumed leases on four facilities of LINKBANCORP. The Company believed that the current lease costs were at market terms therefore no fair value adjustment is needed. LINKBANCORP did not operate any owned facilities. Core Deposit Intangible The fair value of the core deposit intangible was determined based on a discounted cash flow analysis using a discount rate commensurate with market participants. To calculate cash flows, deposit account servicing costs (net of deposit fee income) and interest expense on deposits were compared to the higher cost of alternative funding sources available through national brokered CD offering rates and FHLB advance rates. The projected cash flows were developed using expected deposit attrition. The core deposit intangible will be amortized over ten years using the sum-of-years digits method. Time Deposits The fair value adjustment for time deposits was based on a discounted cash flow methodology of the contract rates and contractual repayments of fixed maturity deposits using prevailing market interest rates for similar-term time deposits. The time deposit fair value adjustment will be amortized into income on a level yield amortization method over the contractual life of the deposits. Long Term Borrowings The Company reviewed the cost of the borrowings to market interest rates for similar instruments and believed that the rates were comparable and that no fair value adjustment was recorded. Subordinated Debt The fair value of the subordinated debt was determined using a discounted cash flow method using a market participant discount rate for similar instruments. The subordinated debt fair value adjustment will be amortized into income on a level yield amortization method based upon the assumed market rate and the term of the subordinated debt. Pro Forma Combined Results of Operations (Unaudited) The following pro forma financial information as of December 31, 2021 presents the consolidated results of operations of GNBF and LINKBANCORP as if the Gratz Merger occurred as of January 1, 2020 with pro forma adjustments. The pro forma adjustments give effect to any change in interest income due to the accretion of discounts (premiums) associated with the fair value adjustments of acquired loans, any change in interest expense due to estimated premium amortization/discount accretion associated with the fair value adjustments to acquired time deposits and other debt, and the amortization of the core deposit intangible that would have resulted had the deposits been acquired as of January 1, 2020. Merger related expenses incurred by the Company during the year ended December 31, 2021 are not reflected in the pro forma amounts. The pro forma information does not necessarily reflect the results of operations that would have occurred had GNBF merged with LINKBANCORP, Inc. at the beginning of 2020. The pro forma amounts for the years ended December 31, 2021 do not reflect the anticipated cost savings that had not yet been realized. (Dollars in thousands) Net interest income $ 28,075 Non-interest income 2,551 Net income (loss) 8,159 Basic earnings (loss) per common share $ 0.83 Diluted earnings (loss) per common share $ 0.80

Investment Securities

Investment Securities	12 Months Ended
	Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Investment Securities	3. INVESTMENT SECURITIES The amortized cost, gross unrealized gains and losses, and fair value of investment securities available for sale are summarized as follows: December 31, 2022 (In Thousands) Amortized Gross Gross Fair Available for Sale: Small Business Administration loan pools $ 858 $ — $ ( 15 ) $ 843 Obligations of state and political subdivisions 44,189 14 ( 4,034 ) 40,169 Mortgage-backed securities in government-sponsored entities 41,873 — ( 4,072 ) 37,801 $ 86,920 $ 14 $ ( 8,121 ) $ 78,813 Held to Maturity: Corporate debentures $ 14,993 $ — $ ( 994 ) $ 13,999 Structured mortgage-backed securities 16,829 — ( 748 ) 16,081 $ 31,822 $ — $ ( 1,742 ) $ 30,080 December 31, 2021 (In Thousands) Amortized Gross Gross Fair Available for Sale: Small Business Administration loan pools $ 1,099 $ — $ ( 15 ) $ 1,084 Obligations of state and political subdivisions 46,115 2,405 ( 38 ) 48,482 Mortgage-backed securities in government-sponsored entities 54,239 382 ( 404 ) 54,217 $ 101,453 $ 2,787 $ ( 457 ) $ 103,783 The following tables show the Company's gross unrealized losses and fair value, aggregated by investment category and length of time the individual debt securities have been in a continuous unrealized loss position. December 31, 2022 Less Than Twelve Months Twelve Months or Greater Total (In Thousands) Fair Value Gross Unrealized Loss Fair Value Gross Unrealized Loss Fair Value Gross Unrealized Loss Available for Sale: Small Business Administration loan pools $ 334 $ ( 1 ) $ 509 $ ( 14 ) $ 843 $ ( 15 ) Obligations of state and political subdivisions 34,836 ( 3,372 ) 2,559 ( 662 ) 37,395 ( 4,034 ) Mortgage-backed securities in government-sponsored entities 18,052 ( 1,538 ) 19,749 ( 2,534 ) 37,801 ( 4,072 ) $ 53,222 $ ( 4,911 ) $ 22,817 $ ( 3,210 ) $ 76,039 $ ( 8,121 ) Held to Maturity: Corporate debentures $ 13,999 $ ( 994 ) $ — $ — $ 13,999 $ ( 994 ) Structured mortgage-backed securities 16,081 ( 748 ) — — 16,081 ( 748 ) $ 30,080 $ ( 1,742 ) $ — $ — $ 30,080 $ ( 1,742 ) December 31, 2021 Less Than Twelve Months Twelve Months or Greater Total (In Thousands) Fair Value Gross Unrealized Loss Fair Value Gross Unrealized Loss Fair Value Gross Unrealized Loss Available for Sale: Small Business Administration loan pools $ — $ — $ 1,084 $ ( 15 ) $ 1,084 $ ( 15 ) Obligations of state and political subdivisions 3,189 ( 38 ) — — 3,189 ( 38 ) Mortgage-backed securities in government-sponsored entities 23,420 ( 266 ) 4,687 ( 102 ) 28,107 ( 368 ) $ 26,609 $ ( 304 ) $ 5,771 $ ( 117 ) $ 32,380 $ ( 421 ) The Company reviews its position quarterly and believes that as of December 31, 2022 and 2021 , the declines outlined in the above tables represent temporary declines, and the Company does not intend to sell, and does not believe it will be required to sell, these debt securities before recovery of their cost basis, which may be at maturity. There were 175 and 41 available for sale debt securities with unrealized losses at December 31, 2022 and 2021 , respectively. There were ten and zero held-to-maturity debt securities with unrealized losses at December 31, 2022 and 2021, respectively. The Company has concluded that the unrealized losses disclosed above are not other than temporary, but are the result of interest rate changes that are not expected to result in the noncollection of principal and interest during the year. Our corporate debenture portfolio as of December 31, 2022 contained $ 3,000 of an investment in subordinated notes issued by Signature Bank. As a result of and subsequent to the failure of Signature Bank during the first quarter of 2023, the Company sold its investment in the Signature Bank subordinated notes and incurred a pre-tax gross loss of approximately $ 2,445 before applying the CECL reserve allocated to this security. As of December 31, 2022 , a mortized cost and fair value by contractual maturity, where applicable, are shown below. Actual maturities may differ from contractual maturities because the borrower may have the right to prepay obligations with or without penalty. Available for Sale Securities Held to Maturity Securities (In Thousands) Amortized Fair Amortized Fair Due within one year $ 314 $ 314 $ — $ — Due after one year through five years 6,480 6,340 3,000 2,888 Due after five years through ten years 12,701 11,949 11,993 11,111 Due after ten years 25,552 22,408 — — Mortgage-backed securities and Collateralized mortgage obligations 41,873 37,802 16,829 16,081 $ 86,920 $ 78,813 $ 31,822 $ 30,080 The following table summarizes sales of debt securities: (In Thousands) For the Year Ended December 31, 2022 2021 Proceeds $ 513 $ 11,371 Gross gains 13 127 Gross losses — ( 53 ) Net gain $ 13 $ 74 The Company had pledged debt securities with a carrying value of $ 47,418 and $ 45,300 to secure public monies as of December 31, 2022 and 2021 , respectively.

Certificates of Deposit with Ot

Certificates of Deposit with Other Banks	12 Months Ended
	Dec. 31, 2022
Certificates of Deposit with Other Banks [Abstract]
Certificates of Deposit with Other Banks	4. CERTIFICATES OF DEPOSIT WITH OTHER BANKS I nterest-earning certificates of deposit with other banks are held at cost. The contractual maturity of these certificates of deposit as of December 31, 2022 and 2021 is as follows: December 31, (in Thousands) 2022 2021 Due in one year or less $ 3,382 $ 7,205 Due after one year through five years 2,241 5,623 $ 5,623 $ 12,828

Loans Receivable

Loans Receivable	12 Months Ended
	Dec. 31, 2022
Loans and Leases Receivable Disclosure [Abstract]
Loans Receivable	5. LOANS RECEIVABLE The portfolio segments and classes of loans are as follows: (In Thousands) December 31, 2022 December 31, 2021 Agriculture loans $ 15,591 $ 9,341 Commercial loans 103,874 98,604 Paycheck Protection Program ("PPP") loans 881 23,774 Commercial real estate loans 540,914 338,749 Residential real estate loans 250,832 231,302 Consumer and other loans 10,057 7,087 Municipal loans 5,466 6,182 927,615 715,039 Deferred costs (fees) 256 ( 223 ) Allowance for loan losses ( 4,666 ) ( 3,152 ) Total $ 923,205 $ 711,664 The Company originates commercial, residential, and consumer loans within its primary market areas of southcentral and southeastern Pennsylvania. A significant portion of the loan portfolio is secured by real estate. At December 31, 2022 and 2021 , the Company serviced residential mortgage loans for the Federal Home Loan Bank of Pittsburgh in the amount of $ 47,356 and $ 51,101 , respectively.

Allowances for Loan Losses

Allowances for Loan Losses	12 Months Ended
	Dec. 31, 2022
Allowance for Credit Loss [Abstract]
Allowances for Loan Losses	90 Agriculture loans $ 193 $ 48 $ 149 $ 390 $ 15,201 $ — $ 15,591 $ 149 Commercial and PPP loans 111 21 54 186 104,569 — 104,755 54 Commercial real estate loans 863 88 190 1,141 537,546 2,227 540,914 — Residential real estate loans 2,474 137 1,176 3,787 246,863 182 250,832 540 Consumer loans 254 58 — 312 9,745 — 10,057 — Municipal loans — — — — 5,466 — 5,466 — Total $ 3,895 $ 352 $ 1,569 $ 5,816 $ 919,390 $ 2,409 $ 927,615 $ 743 December 31, 2021 (In Thousands) 30-59 60-89 90 Days Total Current Purchased Credit Impaired Loans Total Total > 90 Agriculture loans $ 83 $ — $ — $ 83 $ 9,258 $ — $ 9,341 $ — Commercial and PPP loans 66 — — 66 121,800 512 122,378 — Commercial real estate loans 245 — — 245 334,110 4,394 338,749 — Residential real estate loans 1,427 211 869 2,507 228,145 650 231,302 762 Consumer loans 31 2 — 33 7,054 — 7,087 — Municipal loans — — — — 6,182 — 6,182 — Total $ 1,852 $ 213 $ 869 $ 2,934 $ 706,549 $ 5,556 $ 715,039 $ 762 Impaired Loans The following tables present the recorded investment and unpaid principal balances for impaired loans and related allowance, if applicable. Also presented are the average recorded investments and the related amount of interest recognized during the time within the period that the impaired loans were impaired. As of December 31, 2022 (In Thousands) Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Agriculture loans $ 300 $ 300 $ — Commercial loans 35 55 — Commercial real estate loans 2,306 2,312 — Residential real estate loans 4,652 4,683 — Consumer loans — — — Municipal loans — — — With an allowance recorded: Agriculture loans $ — $ — $ — Commercial loans 20 20 20 Commercial real estate loans — — — Residential real estate loans — — — Consumer loans — — — Municipal loans — — — Total Agriculture loans $ 300 $ 300 $ — Commercial loans 55 75 20 Commercial real estate loans 2,306 2,312 — Residential real estate loans 4,652 4,683 — Consumer loans — — — Municipal loans — — — $ 7,313 $ 7,370 $ 20 As of December 31, 2021 (In Thousands) Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Agriculture loans $ — $ — $ — Commercial loans 42 61 — Commercial real estate loans — — — Residential real estate loans 709 779 — Consumer loans — — — Municipal loans — — — With an allowance recorded: Agriculture loans $ — $ — $ — Commercial loans — — — Commercial real estate loans — — — Residential real estate loans — — — Consumer loans — — — Municipal loans — — — — — — Total Agriculture loans $ — $ — $ — Commercial loans 42 61 — Commercial real estate loans — — — Residential real estate loans 709 779 — Consumer loans — — — Municipal loans — — — $ 751 $ 840 $ — For the Year Ended December 31, 2022 2021 (In Thousands) Average Interest Income Recognized Average Interest Income Recognized With no related allowance recorded: Agriculture loans $ 200 $ 9 $ — $ — Commercial loans 39 — — — Commercial real estate loans 2,365 125 — — Residential real estate loans 4,772 159 759 20 Consumer loans — — — — Municipal loans — — — — 7,376 293 759 20 With an allowance recorded: Agriculture loans $ — $ — $ — $ — Commercial loans 23 1 — — Commercial real estate loans — — — — Residential real estate loans — — — — Consumer loans — — — — Municipal loans — — — — 23 1 — — Total $ 7,399 $ 294 $ 759 $ 20 The following table present nonaccrual loans by classes of the loan portfolio: (In Thousands) December 31, December 31, Commercial and PPP loans $ 35 $ 39 Commercial real estate loans 231 144 Residential real estate loans 1,652 449 Consumer loans — 2 Total $ 1,918 $ 634 The above nonaccrual loans as of December 31, 2022 and 2021 exclude PCI loans with balances of $ 2,409 and $ 5,556 , respectively. Management does not consider these loans to be non-performing as they are accounted for under the accretable yield method and are performing in line with expectations as of December 31, 2022 and 2021 . Approximate ly $ 540,914 or 58.3 % o f the Bank’s loan portfolio was in commercial real estate loans at December 31, 2022 . While the Bank does not have a concentration of credit risk with any single borrower or industry, repayments on loans in these portfolios can be negatively influenced by decreases in real estate values. The Bank mitigates this risk through conservative underwriting policies and procedures. In addition, $ 139,555 of real estate-commercial loans were owner occupied properties as of December 31, 2022. These types of loans are generally considered to involve less risk than nonowner-occupied mortgages. At December 31, 2022 and 2021 , the carrying amount of borrowings secured by loans pledged to the FHLB under its blanket lien was $ 0 and $ 1,120 , respectively. Loan Modifications and Troubled Debt Restructurings (TDRs) A loan is considered to be a TDR loan when the Company grants a concession to the borrower because of the borrower’s financial condition that it would not otherwise consider. Such concessions include the reduction of interest rates, forgiveness of principal or interest, or other modifications of interest rates that are less than the current market rate for new obligations with similar risk. The Bank may grant a concession or modification for economic or legal reasons related to a borrower’s financial condition that it would not otherwise consider resulting in a modified loan which is then identified as a troubled debt restructuring (TDR). The Bank may modify loans through rate reductions, extensions of maturity, interest only payments, or payment modifications to better match the timing of cash flows due under the modified terms with the cash flows from the borrowers’ operations. Loan modifications are intended to minimize the economic loss and to avoid foreclosure or repossession of the collateral. TDRs are considered impaired loans for purposes of calculating the Bank’s allowance for loan losses. The Bank identifies loans for potential restructure primarily through direct communication with the borrower and evaluation of the borrower’s financial statements, revenue projections, tax returns, and credit reports. Even if the borrower is not presently in default, management will consider the likelihood that cash flow shortages, adverse economic conditions, and negative trends may result in a payment default in the near future. As of December 31, 2022 and 2021, the Company had no loans identified as TDRs. There were also no new loan modifications during the periods that were considered TDRs. COVID-19 Loan Forbearance Programs Section 4013 of the CARES Act provides that banks may elect not to categorize a loan modification as a TDR if the loan modification is (1) related to COVID-19; (2) executed on a loan that was not more than 30 days past due as of December 31, 2019; and (3) executed between March 1, 2020, and the earlier of (A) 60 days after the date on which the national emergency concerning the novel coronavirus disease (COVID–19) outbreak declared by the President on March 13, 2020, under the National Emergencies Act terminates, or (B) January 1, 2022. On April 7, 2020, federal banking regulators issued a revised interagency statement that included guidance on their approach for the accounting of loan modifications in light of the economic impact of the COVID-19 pandemic. The guidance interprets current accounting standards and indicates that a lender can conclude that a borrower is not experiencing financial difficulty if short-term modifications are made in response to COVID-19, such as payment deferrals, fee waivers, extensions of repayment terms, or other delays in payment that are insignificant related to the loans in which the borrower is less than 30 days past due on its contractual payments at the time a modification program is implemented. According to the Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus (Revised) issued by the federal bank regulatory agencies on April 7, 2020, short-term loan modifications not otherwise eligible under Section 4013 that are made on a good faith basis in response to COVID-19 to borrowers who were current prior to any relief are not TDRs. This includes short-term (e.g., six months) modifications such as payment deferrals, fee waivers, extensions of repayment terms, or other delays in payment that are insignificant. As of December 31, 2022, the Company had no loans that remain on a CARES Act modification. In addition, the risk-rating on COVID-19 modified loans did not change, and these loans will not be considered past due until after the deferral period is over and scheduled payments resume. The credit quality of these loans will be reevaluated after the deferral period ends. " id="sjs-B4" xml:space="preserve">6. ALLOWANCE FOR LOAN LOSSES The segments of the Company’s loan portfolio are disaggregated to a level that allows management to monitor risk and performance. The loan segments used are consistent with the internal reports evaluated by the Company’s management and Board of Directors to monitor risk and performance within various segments of its loan portfolio and, therefore, no further disaggregation is considered necessary. The Company’s loan portfolio consists primarily of real estate loans on commercial and residential property. The portfolio also includes agricultural loans, commercial loans, municipal loans, and consumer loans. The Company’s primary lending activity is the origination of commercial loans extended to small and mid-sized commercial and industrial entities. Commercial loans are primarily underwritten on the basis of the borrowers’ ability to service such debt from income. The cash flows of borrowers, however, may not be as expected and the collateral securing these loans may fluctuate in value. As a general practice, the Company takes as collateral a security interest in any equipment, or other chattel, although loans may also be made on an unsecured basis. Collateralized working capital loans typically are secured by short-term assets whereas long-term loans are primarily secured by long-term assets. Construction and Land loans are to finance the construction of owner-occupied and income producing properties. These loans are categorized within commercial or one-to-four family residential loans based upon the underlying collateral and intended use following the completion of the construction period. Real estate development and construction loans are approved based on an analysis of the borrower and guarantor, the viability of the project and on an acceptable percentage of the appraised value of the property securing the loan. Construction loan funds are disbursed periodically based on the percentage of construction or development completed. The Company carefully monitors these loans with on-site inspections and requires the receipt of lien waivers on funds advanced. The Company considers the market conditions and feasibility of proposed projects, the financial condition and reputation of the borrower and guarantors, the amount of the borrower’s equity in the project, independent appraisals, cost estimates and pre-construction sale information. The Company also makes loans on occasion for the purchase of land for future development by the borrower. Land loans are extended for the future development for either commercial or residential use by the borrower. The Company carefully analyzes the intended use of the property and the viability thereof. The Company’s commercial real estate loans consist of mortgage loans secured by nonresidential real estate, such as by apartment buildings, small office buildings, and owner-occupied properties. Commercial real estate loans are secured by the subject property and are underwritten based on loan to value limits, cash flow coverage and general creditworthiness of the obligors. These loans tend to involve larger loan balances and their repayment is typically dependent upon the successful operation and management of the underlying real estate. Residential real estate loans are underwritten based on the borrower’s repayment capacity and source, value of the underlying property, credit history and stability. These loans are secured by a first or second mortgage on the borrower’s principal residence or their second/vacation home (excluding investment/rental property). In addition to the main types of loans discussed above, the Company also originates agricultural loans, consumer loans, and municipal loans. The agricultural loan portfolio consists of loans to local farmers and agricultural businesses that are generally secured by farmland and equipment. The consumer loan portfolio consists of lending in the form of home equity loans secured by financed property and personal consumer loans, which may be secured or unsecured. The municipal loan portfolio consists of loans to qualified local municipalities, which are generally supported by the taxing authority of the borrowing municipality, and is frequently secured by collateral. Management has an established methodology to determine the adequacy of the allowance for loan losses that assesses the risks and losses inherent in the loan portfolio. For purposes of determining the allowance for loan losses the Company has segmented certain loans in the portfolio by product type. Loans are segmented into the following pools: agriculture loans, commercial real estate loans, commercial loans, residential real estate loans, consumer loans, and municipal loans. Historical loss percentages for each risk category are calculated and used as the basis for calculating allowance allocations. These historical loss percentages are calculated over a four-year period for all portfolio segments. Certain qualitative factors are then added to the historical allocation percentage to get the adjusted factor to be applied to non-classified loans. The following qualitative factors are analyzed for each portfolio segment: • Levels of and trends in delinquencies • Trends in volume and terms • Changes in collateral • Changes in management and lending staff • Economic trends • Concentrations of credit • Changes in lending policies • External factors • Changes in underwriting process • Trends in credit quality ratings These qualitative factors are reviewed each quarter and adjusted based upon relevant changes within the portfolio. The total allowance reflects management’s estimate of loan losses inherent in the loan portfolio at the Consolidated Balance Sheet date. The Company considers the allowance for loan losses adequate to cover loan losses inherent in the loan portfolio at December 31, 2022 and 2021. The following table summarizes the activity in the allowance for loan losses by loan class for the years ended December 31, 2022 and 2021. Agriculture Commercial and PPP Commercial Residential Consumer Municipal Unallocated Total (In Thousands) For the Year Ended December 31, 2022 Allowance for loan losses: Beginning balance $ 23 $ 582 $ 799 $ 1,634 $ 22 $ 15 $ 77 $ 3,152 Charge-offs — ( 1 ) — ( 3 ) ( 3 ) — — ( 7 ) Recoveries — 32 — 197 2 — — 231 Provision 10 ( 30 ) 1,663 ( 292 ) 19 ( 3 ) ( 77 ) 1,290 Ending balance $ 33 $ 583 $ 2,462 $ 1,536 $ 40 $ 12 $ 0 $ 4,666 For the Year Ended December 31, 2021 Allowance for loan losses: Beginning balance $ 120 $ 290 $ 314 $ 1,702 $ 35 $ 18 $ 310 $ 2,789 Charge-offs — ( 24 ) ( 18 ) ( 297 ) — — — ( 339 ) Recoveries — 22 — 32 — — — 54 Provision ( 97 ) 294 503 197 ( 13 ) ( 3 ) ( 233 ) 648 Ending balance $ 23 $ 582 $ 799 $ 1,634 $ 22 $ 15 $ 77 $ 3,152 The increase in the allowance for loan losses allocated to the commercial loans and commercial real estate loans can be attributed to loan growth in both loan portfolios, and for commercial real estate loans, the increase in the carrying value of loans that have been risk rated as Special Mention and Substandard as of December 31, 2022. Please see the "Credit Quality Information" section below for further details. The following table illustrates the balance of loans individually evaluated vs. collectively evaluated for impairment at December 31, 2022 and 2021. Agriculture Commercial and PPP Commercial Residential Consumer Municipal Unallocated Total (In Thousands) As of December 31, 2022 Allowance for loan losses: Ending balance $ 33 $ 583 $ 2,462 $ 1,536 $ 40 $ 12 $ — $ 4,666 Ending balance: individually $ — $ 20 $ — $ — $ — $ — $ — $ 20 Ending balance: collectively evaluated $ 33 $ 563 $ 2,462 $ 1,536 $ 40 $ 12 $ — $ 4,646 Loans: Ending balance $ 15,591 $ 104,755 $ 540,914 $ 250,832 $ 10,057 $ 5,466 $ 927,615 Ending balance: individually $ 300 $ 55 $ 2,306 $ 4,652 $ — $ — $ 7,313 Ending balance: loans acquired with deteriorated credit $ — $ — $ 2,227 $ 182 $ — $ — $ 2,409 Ending balance: collectively evaluated $ 15,291 $ 104,700 $ 536,381 $ 245,998 $ 10,057 $ 5,466 $ 917,893 Agriculture Commercial and PPP Commercial Residential Consumer Municipal Unallocated Total (In Thousands) As of December 31, 2021 Allowance for loan losses: Ending balance $ 23 $ 582 $ 799 $ 1,634 $ 22 $ 15 $ 77 $ 3,152 Ending balance: individually $ — $ — $ — $ — $ — $ — $ — $ — Ending balance: collectively evaluated $ 23 $ 582 $ 799 $ 1,634 $ 22 $ 15 $ 77 $ 3,152 Loans: Ending balance $ 9,341 $ 122,378 $ 338,749 $ 231,302 $ 7,087 $ 6,182 $ 715,039 Ending balance: individually $ — $ 42 $ — $ 709 $ — $ — $ 751 Ending balance: loans acquired with deteriorated credit $ — $ 512 $ 4,394 $ 650 $ — $ — $ 5,556 Ending balance: collectively evaluated $ 9,341 $ 121,824 $ 334,355 $ 229,943 $ 7,087 $ 6,182 $ 708,732 The Company evaluated whether loans acquired in the Merger were within the scope of ASC 310-30, Receivables - Loans and Debt Securities Acquired with Deteriorated Credit Quality. Purchased credit-impaired loans ("PCI") are loans that have evidence of credit deterioration since origination and it is probable at the date of acquisition that the Company will not collect all contractually required principal and interest payments. The fair value of purchased credit-impaired loans, on the acquisition date, was determined, primarily based on the fair value of loan collateral. The carrying value of purchased loans acquired with deteriorated credit quality as a result of the Merger was $ 2,409 a t December 31, 2022. On the acquisition date, the preliminary estimate of the unpaid principal balance for all PCI loans acquired through the Merger was $ 6,627 and the estimated fair value of the loans was $ 5,384 . Total contractually required payments on these loans, including interest, at acquisition was $ 8,509 . The Company's estimate of expected cash flows was $ 5,793 at the acquisition date. The Company established a credit risk related non-accretable discount of $ 2,716 relating to these PCI loans, reflected in the recorded net fair value. The Company further estimated the timing and amount of expected cash flows in excess of the estimated fair value and established an accretable discount of $ 409 relating to these PCI loans. The remaining unamortized accretable discount at December 31, 2022 totaled $ 0 . The following table provides activity for the accretable yield of PCI loans for the year ended December 31, 2022. (In Thousands) December 31, 2022 December 31, 2021 Accretable yield, beginning of period $ 307 $ — Additions — 409 Accretion of income ( 151 ) ( 102 ) Reclassifications from nonaccretable difference due to improvement in expected cash flows — — Other changes, net ( 156 ) — Accretable yield, end of period $ — $ 307 Credit Quality Information The following tables represent credit exposures by internally assigned grades as of December 31, 2022 and 2021. The grading analysis estimates the capability of the borrower to repay the contractual obligations of the loan agreements as scheduled or at all. The Company’s internally assigned grades are as follows: Pass – loans that are protected by the current net worth and paying capacity of the obligor or by the value of the underlying collateral. There are four sub-grades within the Pass category to further distinguish the loan. Special Mention – loans where a potential weakness or risk exists, which could cause a more serious problem if not corrected. Substandard – loans that have a well-defined weakness based on objective evidence and are characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. Doubtful – loans classified as Doubtful have all the weaknesses inherent in a Substandard asset. In addition, these weaknesses make collection or liquidation in full highly questionable and improbable, based on existing circumstances. Loss – loans classified as a Loss are considered uncollectible and are immediately charged against allowances. The following table presents the classes of the loan portfolio summarized by the internal risk rating system as of December 31, 2022 and 2021: (In Thousands) Special As of December 31, 2022 Pass Mention Substandard Doubtful Total Agriculture loans $ 15,291 $ — $ 300 $ — $ 15,591 Commercial and PPP loans 101,980 2,721 54 — 104,755 Commercial real estate loans 533,864 2,516 4,534 — 540,914 Residential real estate loans 246,028 207 4,597 — 250,832 Consumer loans 10,057 — — — 10,057 Municipal loans 5,466 — — — 5,466 Total $ 912,686 $ 5,444 $ 9,485 $ — $ 927,615 (In Thousands) Special As of December 31, 2021 Pass Mention Substandard Doubtful Total Agriculture loans $ 9,341 $ — $ — $ — $ 9,341 Commercial and PPP 117,918 3,757 703 — 122,378 Commercial real estate loans 332,156 2,077 4,516 — 338,749 Residential real estate loans 228,664 1,657 981 — 231,302 Consumer loans 7,087 — — — 7,087 Municipal loans 6,182 — — — 6,182 Total $ 701,348 $ 7,491 $ 6,200 $ — $ 715,039 The following tables present an aging analysis of the recorded investment of past-due loans. December 31, 2022 (In Thousands) 30-59 60-89 90 Days Total Current Purchased Credit Impaired Loans Total Total > 90 Agriculture loans $ 193 $ 48 $ 149 $ 390 $ 15,201 $ — $ 15,591 $ 149 Commercial and PPP loans 111 21 54 186 104,569 — 104,755 54 Commercial real estate loans 863 88 190 1,141 537,546 2,227 540,914 — Residential real estate loans 2,474 137 1,176 3,787 246,863 182 250,832 540 Consumer loans 254 58 — 312 9,745 — 10,057 — Municipal loans — — — — 5,466 — 5,466 — Total $ 3,895 $ 352 $ 1,569 $ 5,816 $ 919,390 $ 2,409 $ 927,615 $ 743 December 31, 2021 (In Thousands) 30-59 60-89 90 Days Total Current Purchased Credit Impaired Loans Total Total > 90 Agriculture loans $ 83 $ — $ — $ 83 $ 9,258 $ — $ 9,341 $ — Commercial and PPP loans 66 — — 66 121,800 512 122,378 — Commercial real estate loans 245 — — 245 334,110 4,394 338,749 — Residential real estate loans 1,427 211 869 2,507 228,145 650 231,302 762 Consumer loans 31 2 — 33 7,054 — 7,087 — Municipal loans — — — — 6,182 — 6,182 — Total $ 1,852 $ 213 $ 869 $ 2,934 $ 706,549 $ 5,556 $ 715,039 $ 762 Impaired Loans The following tables present the recorded investment and unpaid principal balances for impaired loans and related allowance, if applicable. Also presented are the average recorded investments and the related amount of interest recognized during the time within the period that the impaired loans were impaired. As of December 31, 2022 (In Thousands) Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Agriculture loans $ 300 $ 300 $ — Commercial loans 35 55 — Commercial real estate loans 2,306 2,312 — Residential real estate loans 4,652 4,683 — Consumer loans — — — Municipal loans — — — With an allowance recorded: Agriculture loans $ — $ — $ — Commercial loans 20 20 20 Commercial real estate loans — — — Residential real estate loans — — — Consumer loans — — — Municipal loans — — — Total Agriculture loans $ 300 $ 300 $ — Commercial loans 55 75 20 Commercial real estate loans 2,306 2,312 — Residential real estate loans 4,652 4,683 — Consumer loans — — — Municipal loans — — — $ 7,313 $ 7,370 $ 20 As of December 31, 2021 (In Thousands) Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Agriculture loans $ — $ — $ — Commercial loans 42 61 — Commercial real estate loans — — — Residential real estate loans 709 779 — Consumer loans — — — Municipal loans — — — With an allowance recorded: Agriculture loans $ — $ — $ — Commercial loans — — — Commercial real estate loans — — — Residential real estate loans — — — Consumer loans — — — Municipal loans — — — — — — Total Agriculture loans $ — $ — $ — Commercial loans 42 61 — Commercial real estate loans — — — Residential real estate loans 709 779 — Consumer loans — — — Municipal loans — — — $ 751 $ 840 $ — For the Year Ended December 31, 2022 2021 (In Thousands) Average Interest Income Recognized Average Interest Income Recognized With no related allowance recorded: Agriculture loans $ 200 $ 9 $ — $ — Commercial loans 39 — — — Commercial real estate loans 2,365 125 — — Residential real estate loans 4,772 159 759 20 Consumer loans — — — — Municipal loans — — — — 7,376 293 759 20 With an allowance recorded: Agriculture loans $ — $ — $ — $ — Commercial loans 23 1 — — Commercial real estate loans — — — — Residential real estate loans — — — — Consumer loans — — — — Municipal loans — — — — 23 1 — — Total $ 7,399 $ 294 $ 759 $ 20 The following table present nonaccrual loans by classes of the loan portfolio: (In Thousands) December 31, December 31, Commercial and PPP loans $ 35 $ 39 Commercial real estate loans 231 144 Residential real estate loans 1,652 449 Consumer loans — 2 Total $ 1,918 $ 634 The above nonaccrual loans as of December 31, 2022 and 2021 exclude PCI loans with balances of $ 2,409 and $ 5,556 , respectively. Management does not consider these loans to be non-performing as they are accounted for under the accretable yield method and are performing in line with expectations as of December 31, 2022 and 2021 . Approximate ly $ 540,914 or 58.3 % o f the Bank’s loan portfolio was in commercial real estate loans at December 31, 2022 . While the Bank does not have a concentration of credit risk with any single borrower or industry, repayments on loans in these portfolios can be negatively influenced by decreases in real estate values. The Bank mitigates this risk through conservative underwriting policies and procedures. In addition, $ 139,555 of real estate-commercial loans were owner occupied properties as of December 31, 2022. These types of loans are generally considered to involve less risk than nonowner-occupied mortgages. At December 31, 2022 and 2021 , the carrying amount of borrowings secured by loans pledged to the FHLB under its blanket lien was $ 0 and $ 1,120 , respectively. Loan Modifications and Troubled Debt Restructurings (TDRs) A loan is considered to be a TDR loan when the Company grants a concession to the borrower because of the borrower’s financial condition that it would not otherwise consider. Such concessions include the reduction of interest rates, forgiveness of principal or interest, or other modifications of interest rates that are less than the current market rate for new obligations with similar risk. The Bank may grant a concession or modification for economic or legal reasons related to a borrower’s financial condition that it would not otherwise consider resulting in a modified loan which is then identified as a troubled debt restructuring (TDR). The Bank may modify loans through rate reductions, extensions of maturity, interest only payments, or payment modifications to better match the timing of cash flows due under the modified terms with the cash flows from the borrowers’ operations. Loan modifications are intended to minimize the economic loss and to avoid foreclosure or repossession of the collateral. TDRs are considered impaired loans for purposes of calculating the Bank’s allowance for loan losses. The Bank identifies loans for potential restructure primarily through direct communication with the borrower and evaluation of the borrower’s financial statements, revenue projections, tax returns, and credit reports. Even if the borrower is not presently in default, management will consider the likelihood that cash flow shortages, adverse economic conditions, and negative trends may result in a payment default in the near future. As of December 31, 2022 and 2021, the Company had no loans identified as TDRs. There were also no new loan modifications during the periods that were considered TDRs. COVID-19 Loan Forbearance Programs Section 4013 of the CARES Act provides that banks may elect not to categorize a loan modification as a TDR if the loan modification is (1) related to COVID-19; (2) executed on a loan that was not more than 30 days past due as of December 31, 2019; and (3) executed between March 1, 2020, and the earlier of (A) 60 days after the date on which the national emergency concerning the novel coronavirus disease (COVID–19) outbreak declared by the President on March 13, 2020, under the National Emergencies Act terminates, or (B) January 1, 2022. On April 7, 2020, federal banking regulators issued a revised interagency statement that included guidance on their approach for the accounting of loan modifications in light of the economic impact of the COVID-19 pandemic. The guidance interprets current accounting standards and indicates that a lender can conclude that a borrower is not experiencing financial difficulty if short-term modifications are made in response to COVID-19, such as payment deferrals, fee waivers, extensions of repayment terms, or other delays in payment that are insignificant related to the loans in which the borrower is less than 30 days past due on its contractual payments at the time a modification program is implemented. According to the Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus (Revised) issued by the federal bank regulatory agencies on April 7, 2020, short-term loan modifications not otherwise eligible under Section 4013 that are made on a good faith basis in response to COVID-19 to borrowers who were current prior to any relief are not TDRs. This includes short-term (e.g., six months) modifications such as payment deferrals, fee waivers, extensions of repayment terms, or other delays in payment that are insignificant. As of December 31, 2022, the Company had no loans that remain on a CARES Act modification. In addition, the risk-rating on COVID-19 modified loans did not change, and these loans will not be considered past due until after the deferral period is over and scheduled payments resume. The credit quality of these loans will be reevaluated after the deferral period ends.

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	7. PROPERTY, PLANT, AND EQUIPMENT Year-end premises and equipment owned and utilized in the operations of the Company were as follows: December 31, (In Thousands) 2022 2021 Land $ 689 $ 689 Buildings and improvements 4,170 4,190 Furniture, fixtures, and equipment 4,651 2,939 Leasehold Improvements 2,489 941 11,999 8,759 Accumulated Depreciation ( 5,256 ) ( 3,470 ) Total $ 6,743 $ 5,289 Depreciation expense was $ 850 and $ 355 for 2022 and 2021 , respectively.

Lease Commitments

Lease Commitments	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Lease Commitments	8. LEASE COMMITMENTS The following table presents information associated with our obligations under leases for the years ended December 31, 2022 and 2021: 2022 2021 Weighted-average remaining term (years) 11.0 12.9 Weighted-average discount rate 5.1 % 4.9 % Total lease expense recorded during the years ended December 31, 2022 and 2021 was $ 805 and $ 206 , respectively. The Company leases its administration and operating facili ty and six offices under lease agreements with various expirations through 2039 . Certain of the Company’s leases contain options to renew the lease after the initial term. Management considers the Company’s historical pattern of exercising renewal options on leases and the positive performance of the leased locations, when determining whether it is reasonably certain that the leases will be renewed. If management concludes that there is reasonable certainty about the renewal option, it is included in the calculation of the remaining term of each applicable lease. The following table presents the undiscounted cash flows due related to operating leases as of December 31, 2022: (In Thousands) Amount 2023 $ 1,167 2024 1,179 2025 1,170 2026 1,205 2027 and thereafter 8,897 Total Undiscounted Cash Flows $ 13,618 Discount on Cash Flows ( 3,399 ) Total lease liabilities $ 10,219

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and intangible assets	9. GOODWILL AND INTANGIBLE ASSETS Goodwill The change in goodwill during the years ended December 31, 2022 and 2021 is as follows: 2022 2021 Beginning of year $ 35,842 $ 2,333 Acquired Goodwill — 33,509 Impairment — — End of year $ 35,842 $ 35,842 Impairment exists when a reporting unit's carrying value of goodwill exceeds its fair value. At December 31, 2022, the Company's reporting unit had positive equity and the Company elected to perform a qualitative assessment to determine if it was more likely than not that the fair value of the reporting unit exceeded its carrying value, including goodwill. The qualitative assessment indicated that it was more likely than not that the fair value of the reporting unit exceeded its carrying value, resulting in no impairment of goodwill. Acquired Intangible Assets Acquired intangible assets were as follows at year-end: 2022 2021 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Amortized intangible assets: Core deposit intangibles $ 1,566 $ 787 $ 1,566 $ 589 Trade name intangibles 348 75 348 15 Total $ 1,914 $ 862 $ 1,914 $ 604 Aggregate amortization expense for the years ended December 31, 2022 and 2021 was $ 258 and $ 125 , respectively. Expected aggregate annual amortization expense for the next five years assuming no new acquisitions or impairments is as follows: (In Thousands) 2023 $ 233 2024 208 2025 181 2026 162 2027 129 2028 and thereafter 139 $ 1,052

Deposits

Deposits	12 Months Ended
	Dec. 31, 2022
Deposits [Abstract]
Deposits	10. DEPOSITS Deposit accounts are summarized as follows: December 31, December 31, (In Thousands) Amount % Amount % Demand, noninterest-bearing $ 192,773 20.36 % $ 129,243 16.75 % Demand, interest-bearing 254,478 26.88 256,258 33.21 Money market and savings 228,048 24.09 205,843 26.68 Time deposits, $ 250 and over 45,616 4.82 56,266 7.29 Time deposits, other 225,857 23.86 124,055 16.08 $ 946,772 100.0 % $ 771,665 100.0 % The scheduled maturities of time deposits are as follows: (In Thousands) December 31, One year or less $ 206,176 More than one year to two years 51,327 More than two years to three years 7,879 More than three years to four years 3,952 More than four years to five years 1,100 More than five years 1,039 Total $ 271,473 Within time deposits other, there were $ 70,000 and $ 0 in brokered deposits outstanding at December 31, 2022 and 2021 , respectively.

Borrowings and Subordinated Deb

Borrowings and Subordinated Debentures	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Borrowings and Subordinated Debentures	11. BORROWINGS AND SUBORDINATED DEBENTURES Other borrowings and subordinated debt was as follows: (in Thousands) December 31, December 31, Subordinated Debt $ 40,484 $ 20,696 Federal Reserve PPPLF — 19,814 Short-term borrowings 20,938 — Total $ 61,422 $ 40,510 Subordinated Notes Sale - 2022 On April 8, 2022, LINKBANCORP entered into Subordinated Note Purchase Agreements (the "Agreements") with certain institutional accredited investors (the "Purchasers") and, pursuant to the Agreements, issued to the Purchasers $ 20,000 in aggregate principal amount of its 4.50 % Fixed-to-Floating Rate Subordinated Notes due 2032 (the "Notes"). The investors included a related party entity that is controlled by a member of the Board of Directors of the Company, which purchased $ 7,000 in principal amount of the note. During the year ended December 31, 2022, the Company contributed $ 15,000 of the subordinated note proceeds to the Bank as equity capital, the impact of which can be seen within Note 17 Regulatory Capital Requirements later in this document. The Notes, which mature on April 15, 2032 , bear interest at a fixed annual rate of 4.50 % for the period up to but excluding April 15, 2027 (the "Fixed Interest Rate Period"). From April 15, 2027 until maturity or redemption (the "Floating Interest Rate Period"), the interest rate will adjust to a floating rate equal to a benchmark rate, which is expected to be the then-current three-month Secured Overnight Financing Rate (SOFR), plus 203 basis points. The Company will pay interest in arrears semi-annually during the Fixed Interest Rate Period and quarterly during the Floating Interest Rate Period. The Notes constitute unsecured and subordinated obligations of the Company and rank junior in right of payment to any senior indebtedness and obligations to general and secured creditors. Subject to limited exceptions, the Company cannot redeem the Notes before the fifth anniversary of the issuance date. The Notes are intended to qualify at the holding company level as Tier 2 capital under the capital guidelines of the Federal Reserve Board. The Agreements and Notes contain customary subordination provisions, representations and warranties, covenants, and events of default. Subordinated Notes - Merger As part of the Merger, the Company assumed $ 20.0 million of Fixed-to-Floating Rate Subordinated Notes. The notes October 1, 2030 and will initially bear interest at a fixed rate of 5.0 % until October 1, 2025. From October 1, 2025 to the stated maturity date or early redemption date, the interest rate will reset semi-annually to an annual floating rate equal to the then-current three-month term Secured Overnight Financing Rate (SOFR) plus a spread of 475 basis points, but no less than 5.0 %. The Company may redeem the the Subordinated Notes, in whole or in part, on or after October 1, 2025, plus accrued and unpaid interest. The Merger Subordinated Notes are also redeemable in whole or in part upon the occurrence of specific events defined within the indenture. The Merger Subordinated Notes may be included in Tier I capital (subject to certain limitations) under current regulatory guidelines and interpretations. Short-Term Debt - FHLB Advances At December 31, 2022 , the Company had $ 20.9 million in short-term FHLB Advances outstanding. These advances are scheduled to mature in 2023. There were no short-term borrowings at December 31, 2021. At December 31, 2022 , the Company had remaining available capacity with FHLB, subject to certain collateral restrictions, of approximately $ 301.4 million. Available Lines of Credit The Bank has available unsecured lines of credit, with interest based on the daily Federal Funds rate, with four correspondent banks totaling $ 51,000 at December 31, 2022 . There were no borrowings under these lines of credit at December 31, 2022 and 2021 .

Employee Benefits

Employee Benefits	12 Months Ended
	Dec. 31, 2022
Retirement Benefits [Abstract]
Employee Benefits	12. EMPLOYEE BENEFITS Retirement Plan The Company maintains a 401(k) Plan for its eligible employees. The Plan allows employee contributions from their compensation as defined in the 401(k) Plan, subject to Internal Revenue Code limitations. For the year ended December 31, 2021 , the Company made a 3 percent non-elective contribution to all eligible participants as of the end of the plan year, based on W-2 wages for that period. The Company also made a discretionary contribution of 6 percent of W-2 wages for the year ended December 31, 2021 . Effective January 1, 2021 until September 30, 2021, the Company made a non-elective contribution of 4 percent of W-2 wages to all participants. E ffective October 1, 2021, the Company matches 50 percent of the first 6 percent of the employee's contribution, and this match is immediately vested. Matching contributions to the 401(k) Plan recognized in Compensation expense for the year ended December 31, 2022 and 2021, was $ 278 and $ 65 , respectively. Deferred Compensation Plans The Company has a deferred compensation plan for the benefit of members of the Board of Directors and certain officers. The plan provides all directors and certain officers with the ability to defer receipt of some or all of their director fees or salary and bonuses. The deferrals, along with accumulated earnings, are payable at retirement. The Bank has purchased life insurance policies that are actuarially designed to offset the annual expenses associated with the deferred compensation and the supplemental executive retirement plan (“SERP”). The Bank is the sole owner and beneficiary of all policies. The Bank accrues the estimated annual costs of the deferred amounts that will be payable at retirement. At December 31, 2022 and 2021 , the accumulated liability was approximately $ 1,216 and $ 1,240 , respectively. For the years ended December 31, 2022 and 2021, t he Company recognized deferred compensation cost in noninterest expense of $ 128 and $ 57 . Benefit payments amounted to $ 121 and $ 119 for the years ended December 31, 2022 and 2021, respectively. Supplemental Executive Retirement Plan The Company maintains a SERP for certain executives. At December 31, 2022 and 2021, the accumulat ed liability was $ 1,650 and $ 953 , respectively, and is included in other liabilities on the accompanying Consolidated Balance Sheets. The expense for the years ended December 31, 2022 and 2021 , was $ 469 and $ 206 , respectively.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	13. INCOME TAXES The provision for income taxes consists of: For the Year Ended December 31, (In Thousands) 2022 2021 Current tax expense (benefit) $ 38 $ ( 265 ) Deferred tax expense 1,184 76 Total $ 1,222 $ ( 189 ) The tax effects of deductible and taxable temporary differences that gave rise to significant portions of the deferred tax assets and deferred tax liabilities, respectively, are as follows: (In Thousands) December 31, December 31, Deferred tax assets: Allowance for loan losses $ 970 $ 706 Deferred compensation 602 295 Net fair value adjustment on acquired net assets 1,250 1,700 Net unrealized loss on debt securities 1,703 — Net operating loss carryforwards 1,740 2,263 Other 379 8 Total deferred tax assets $ 6,644 $ 4,972 Deferred tax liabilities: Premises and equipment $ ( 1,025 ) $ ( 350 ) Net unrealized gain on debt securities — ( 491 ) Mortgage servicing rights — ( 93 ) Total deferred tax liabilities ( 1,025 ) ( 934 ) Net deferred tax asset $ 5,619 $ 4,038 The Company also has a $ 8,288 net operating loss carryforward at December 31, 2022 of which $ 450 will begin to expire in 2030 . The remaining $ 7,838 of net operating loss carryforward does not expire. The Company had no valuation allowance against its deferred tax assets in view of the Company's ability to realize the net deferred tax assets against future anticipated taxable income. The reconciliation of the federal statutory rate and the Company's effective income tax rate is as follows: For the Year Ended December 31, 2022 2021 (In Thousands) Amount % of Pretax Income Amount % of Pretax Income Provision at statutory rate $ 1,432 21.0 % $ 21 21.0 % Tax-exempt income on debt securities ( 253 ) ( 3.7 ) ( 291 ) ( 291.3 ) Bank-owned life insurance ( 104 ) ( 1.5 ) ( 53 ) ( 53.0 ) Non-deductible merger expenses — — 149 ( 149.2 ) Other 147 2.1 ( 15 ) ( 14.6 ) Actual tax expense and effective rate $ 1,222 17.9 % $ ( 189 ) ( 188.6 ) % The Company recognized no adjustment for uncertain tax positions or unrecognized income tax benefits for the years ended December 31, 2022 and 2021 . The Company's policy is to recognize interest and penalties on unrecognized tax benefits in the provision for income tax expense in the consolidated statements of operation. The Company did no t recognize any interest and penalties for the years ended December 31, 2022 and 2021 . With few exceptions, the Company is no longer subject to U.S. federal, state, or local income tax examinations by tax authorities for years before 2019.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	14. FAIR VALUE MEASUREMENTS Management uses its best judgment in estimating the fair value of the Company’s financial instruments; however, there are inherent weaknesses in an estimation technique. Therefore, for substantially all financial instruments, the fair value estimates herein are not necessarily indicative of the amounts The Company could have realized in a sales transaction on the dates indicated. The estimated fair value amounts have been measured as of their respective year-ends and have not been re-evaluated 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 the amounts reported at each year-end. The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. In accordance with the fair value measurements accounting guidance (FASB ASC 820, Fair Value Measurements ), the fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is best determined based upon quoted market prices. However, in many instances, there are no quoted market prices for the Company’s various financial instruments. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. Accordingly, the fair value estimates may not be realized in an immediate settlement of the instrument. The Company uses a consistent definition of fair value, which focuses on exit price in an orderly transaction (that is, not a forced liquidation or distressed sale) between market participants at the measurement date under current market conditions. If there has been a significant decrease in the volume and level of activity for the asset or liability, a change in valuation technique or the use of multiple valuation techniques may be appropriate. In such instances, determining the price at which willing market participants would transact at the measurement date under current market conditions depends on the facts and circumstances and requires the use of significant judgment. The fair value guidance establishes a fair value hierarchy that prioritizes the inputs to valuation methods used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows: The following disclosures show the hierarchical disclosure framework associated with the level of pricing observations utilized in measuring assets and liabilities at fair value. The three broad levels of pricing are as follows: Level I: Quoted prices are available in active markets for identical assets or liabilities as of the reported date. Level II: Pricing inputs are other than the quoted prices in active markets, which are either directly or indirectly observable as of the reported date. The nature of these assets and liabilities includes items for which quoted prices are available but traded less frequently and items that are fair-valued using other financial instruments, the parameters of which can be directly observed. Level III: Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. This hierarchy requires the use of observable market data when available. The estimated fair values of the Company’s financial instruments that are not required to be measured or reported at fair value are as follows: At December 31, 2022 At December 31, 2021 (In Thousands) Carrying Fair Carrying Fair Financial assets: Cash and cash equivalents (Level 1) $ 30,011 $ 30,011 $ 22,590 $ 22,590 Certificates of deposit with other banks (Level 3) 5,623 5,590 12,828 12,828 Securities held to maturity (Level 2) 31,822 30,080 — — Loans (Level 3) 927,871 886,944 711,664 705,706 Accrued interest receivable (Level 1) 4,661 4,661 3,022 3,022 Restricted investments in bank stock (Level 1) 3,377 3,377 2,685 2,685 Cash surrender value of life insurance (Level 1) 19,244 19,244 18,787 18,787 Financial liabilities: Non-maturity deposits (Level 1) 675,299 675,299 591,344 591,344 Time Deposits (Level 3) 271,473 266,775 180,321 180,485 Other borrowings (Level 3) 20,938 20,938 19,814 19,819 Subordinated Notes (Level 3) 40,484 35,966 20,696 20,696 Accrued interest payable (Level 1) 797 797 103 103 The following tables present the assets reported on the Consolidated Balance Sheet at their fair value on a recurring basis as of December 31, 2022 and 2021, by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The Company’s available-for-sale investment securities are reported at fair value. These securities are valued by an independent third party. The valuations are based on market data. They utilize evaluated pricing models that vary by asset and incorporate available trade, bid and other market information. For securities that do not trade on a daily basis, their evaluated pricing applications apply available information such as benchmarking and matrix pricing. The market inputs normally sought in the evaluation of securities include benchmark yields, reported trades, broker/dealer quotes (only obtained from market makers or broker/dealers recognized as market participants), issuer spreads, two-sided markets, benchmark securities, bid, offers and reference data. For certain securities additional inputs may be used or some market inputs may not be applicable. Inputs are prioritized differently on any given day based on market conditions. December 31, 2022 (In Thousands) Level I Level II Level III Total Assets: Small Business Administration loan pools $ — $ 843 $ — $ 843 Obligations of state and political subdivisions — 40,169 — 40,169 Mortgage backed securities in government-sponsored entities — 37,801 — 37,801 Total $ — $ 78,813 $ — $ 78,813 December 31, 2021 (In Thousands) Level I Level II Level III Total Assets: Small Business Administration loan pools $ — $ 1,084 $ — $ 1,084 Obligations of state and political subdivisions — 48,482 — 48,482 Mortgage backed securities in government-sponsored entities — 54,217 — 54,217 Total $ — $ 103,783 $ — $ 103,783 For financial assets measured at fair value on a nonrecurring basis, the fair value measurements by level within the fair value hierarchy used as of December 31, 2022 and 2021 are presented in the table below. December 31, 2022 (In Thousands) Level I Level II Level III Total Impaired loans $ — $ — $ 7,313 $ 7,313 December 31, 2021 (In Thousands) Level I Level II Level III Total Impaired loans $ — $ — $ 751 $ 751 Loans Held for Sale $ — $ — $ 3,860 $ 3,860 The following tables provide information describing the valuation processes used to determine nonrecurring fair value measurements categorized within Level III of the fair value hierarchy: December 31, 2022 Quantitative Information About Level III Fair Value Measurements (In Thousands) Fair Value Valuation Unobservable Range (Weighted Impaired loans $ 7,313 Appraisal of (1 ) Liquidation 10 % December 31, 2021 Quantitative Information About Level III Fair Value Measurements (In Thousands) Fair Value Valuation Unobservable Range (Weighted Impaired loans $ 751 Appraisal of (1 ) Liquidation 10 % Loans Held for Sale $ 3,860 Appraisal of (1 ) Liquidation of collateral 15 % (1) Fair value is generally determined through independent appraisals of the underlying collateral, which include various Level III inputs that are not identifiable. Appraisals may be adjusted by management for qualitative factors, such as economic conditions, aging, and/or estimated liquidation expenses incurred when selling the collateral. The range and weighted average of appraisal adjustments and liquidation expenses are presented as a percentage of the appraisal.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
Related Party Transactions	15. RELATED PARTY TRANSACTIONS Loans to principal officers, directors, and their affiliates during 2022 and 2021 were as follows: 2022 2021 Beginning balance $ 6,376 $ 325 New loans 407 1,305 Effect of changes in composition of related parties ( 4,654 ) 4,774 Net repayments in existing accounts ( 276 ) ( 28 ) Ending balance $ 1,853 $ 6,376 Deposits from principal officers, directors, and their affiliates as of December 31, 2022 and 2021 were $ 65,326 and $ 34,211 , respectively. Two companies owned by a Director of the Company invested in the subordinated debentures issued by the Company. Refer to Note 11 for further information.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	16. STOCK-BASED COMPENSATION As a result of the Merger, the Company assumed the LINKBANCORP, Inc. 2019 Equity Incentive Plan (the “2019 Plan”). The 2019 Plan authorizes the issuance or delivery to participants of up to 450,000 shares of LINKBANCORP common stock pursuant to grants of incentive and non-statutory stock options. The Plan is administered by the members of LINKBANCORP’s Compensation Committee (the "Committee"). Unless the Committee specifies a different vesting schedule, awards under the Plan shall be granted with a vesting rate of 20 percent per year. Vesting may be accelerated under certain conditions or at the discretion of the Committee at any time. Employees and directors of LINKBANCORP or its subsidiaries are eligible to receive awards under the plan, except that nonemployees may not be granted incentive stock options. Stock options are either “incentive” stock options or “nonqualified” stock options. Incentive stock options have certain tax advantages and must comply with the requirements of Section 422 of the Internal Revenue Code. The 2019 Plan was frozen such that no new awards would be granted under the 2019 Plan following receipt of shareholder approval of the LINKBANCORP, Inc. 2022 Equity Incentive Plan described within this footnote. On May 26, 2022, the Company's shareholders approved the LINKBANCORP, Inc. 2022 Equity Incentive Plan (the "2022 Plan"). The 2022 Plan authorizes the issuance or delivery to participants of up to 475,000 shares of the Company's common stock pursuant to grants of restricted stock, restricted stock units, stock options, and non-qualified stock options. The 2022 Plan is administered by the members of LINKBANCORP’s Compensation Committee (the "Committee"). At least 95 % of the awards under the 2022 Plan will vest no earlier than one year after the grant date. The table below provides details of the Company's stock options at December 31, 2022. Number Weighted- Weighted- Aggregate Outstanding, December 31, 2021 421,500 $ 10.46 7.9 $ 780 Granted 94,500 9.00 9.3 33 Expired/terminated ( 14,000 ) 11.00 8.1 Exercised ( 12,000 ) 10.00 — Outstanding, December 31, 2022 490,000 $ 10.11 7.1 $ 33 Exercisable at period end 208,700 $ 10.15 6.5 $ — The exercise prices for options outstanding as of December 31, 2022 ranged f rom $ 9.00 to $ 14.50 . The Company determined the expected life of the stock options using a simplified method approach allowed for plain-vanilla share options. The risk-free interest rate is based on the U.S. treasury yield curve in effect as of the grant date. Expected volatility was determined using the calculated value method of an option pricing model that substitutes the historical volatility of an appropriate industry/sector index for the expected volatility. December 31, 2022 2021 Weighted average fair value of options granted $ 2.37 $ 1.13 Dividend yield 3.70 % 0.00 % Expected volatility 34.20 % 4.36 % Risk-free interest rate 3.81 % 0.08 % Expected life (in years) 6.2 7.0 Assumed forfeiture rate 8.00 % 8.00 % Additional information related to the stock option plan during each year follows: December 31, 2022 2021 Stock-based compensation expense recognized $ 80 $ 25 Number of unvested stock options 281,300 276,300 Fair value of unvested stock options $ 393 $ 210 Amount remaining to be recognized as expense $ 291 $ 218 The remaining amount of $ 291 will be recognized ratably as expense throu gh December 31, 2027.

Regulatory Capital Requirements

Regulatory Capital Requirements	12 Months Ended
	Dec. 31, 2022
Regulatory Capital Requirements Under Banking Regulations [Abstract]
Regulatory Capital Requirements	17. REGULATORY CAPITAL REQUIREMENTS The Company is subject to various regulatory capital requirements administered by the Federal Deposit Insurance Corporation and the Pennsylvania Department of Banking and Securities. Failure to meet minimum capital requirements can initiate certain mandatory, and possible additional discretionary, actions by regulators that, if undertaken, could have a direct material effect on the Company’s consolidated financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company must meet specific capital guidelines that involve quantitative measures of the Company’s assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The Company’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk-weightings, and other factors. The Bank and Company are subject to regulatory capital requirements administered by banking agencies. Capital adequacy guidelines and prompt corrective action regulations involve quantitative measures of assets, liabilities, and certain off-balance-sheet items calculated under regulatory accounting practices. Capital amounts and classifications are also subject to qualitative judgments by regulators about components, risk weightings, and other factors and the regulators can lower classifications in certain cases. Failure to meet various capital requirements can initiate regulatory action that could have a direct material effect on the financial statements. As of December 31, 2022, the Bank has met all capital adequacy requirements to which it is subject. The prompt corrective action regulations provide five classifications, including well capitalized, adequately capitalized, under-capitalized, significantly undercapitalized, and critically undercapitalized, although these terms are not used to represent overall financial condition. If an institution is adequately capitalized, regulatory approval is required before the institution may accept brokered deposits. If an institution is undercapitalized, capital distributions are limited, as is asset growth and expansion, and plans for capital restoration are required. The capital conservation buffer is designed to absorb losses during periods of economic stress. Banking institutions with a ratio of Common Equity Tier 1 capital to risk-weighted assets above the minimum but below the conservation buffer (or below the combined capital conservation buffer and countercyclical capital buffer, when the latter is applied) will face limitations on dividends, stock repurchases and certain discretionary bonus payments to management based on the amount of the shortfall. Under Basel III rules, banks must hold a capital conservation buffer above the adequately capitalized risk-based capital ratios. The required capital conservation buffer is 2.50 %. The following tables present actual and required capital ratios as of December 31, 2022 and 2021 under the Basel III Capital Rules. Capital levels required to be considered well capitalized are based upon prompt corrective action regulations: December 31, 2022 December 31, 2021 (In Thousands) Amount Ratio Amount Ratio Total capital (to risk-weighted assets) Actual $ 125,632 12.89 % $ 81,355 11.50 % For capital adequacy purposes 77,953 8.00 56,578 8.00 To be well capitalized 97,441 10.00 70,722 10.00 Tier 1 capital (to risk-weighted assets) Actual $ 120,912 12.41 % $ 77,904 11.02 % For capital adequacy purposes 58,465 6.00 42,433 6.00 To be well capitalized 77,953 8.00 56,578 8.00 Common equity (to risk-weighted assets) Actual $ 120,912 12.41 % $ 77,904 11.02 % For capital adequacy purposes 43,848 4.50 31,825 4.50 To be well capitalized 63,337 6.50 45,969 6.50 Tier 1 capital (to average assets) Actual $ 120,912 10.93 % $ 77,904 8.85 % For capital adequacy purposes 44,248 4.00 35,230 4.00 To be well capitalized 55,311 5.00 44,038 5.00 The federal banking agencies, including the FDIC, issued a rule pursuant to The Economic Growth, Regulatory Relief and Consumer Protection Act of 2018 to establish for institutions with assets of less than $ 10 billion a “community bank leverage ratio” (the ratio of a bank’s tier 1 capital to average total consolidated assets) of 9 % that qualifying institutions may elect to use in lieu of the generally applicable leverage and risk-based capital requirements under Basel III. Pursuant to the CARES Act, the federal banking agencies issued a final rule in August 2020 to lower the community bank leverage ratio to 8 % beginning in the second calendar quarter of 2020 through the end of 2020 . In 2021, the community bank leverage ratio increased to 8.5 % for the calendar year. The community bank leverage ratio requirement returned to 9 % effective January 1, 2022 . If an election to use the community bank leverage ratio capital framework is made, a qualifying bank with less than $ 10 billion in assets with capital exceeding the specified community bank leverage ratio is considered compliant with all applicable regulatory capital and leverage requirements, including the requirement to be “well capitalized.” As of December 31, 2022, the Bank had not elected to be subject to the alternative framework. Federal and state banking regulations place certain restrictions on dividends paid by the Bank. The Pennsylvania Banking Code provides that cash dividends may be declared and paid out of accumulated net earnings. In addition, dividends paid by the Bank would be prohibited if the effect thereof would cause the Bank’s capital to be reduced below applicable minimum capital requirements. Loans or advances by the Bank to the Company are limited to 10 percent of the Bank’s capital stock and surplus and must have collateral securing the loans or advances.

Financial Instruments With Off-

Financial Instruments With Off-Balance Sheet Risk	12 Months Ended
	Dec. 31, 2022
Financial Instruments With Off Balance Sheet Risk [Abstract]
Financial Instruments With Off-Balance Sheet Risk	18. FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit. Such commitments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the consolidated balance sheets. The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making and monitoring commitments and conditional obligations as it does for on-balance sheet instruments. At both December 31, 2022 and 2021, the Company has a reserve related to credit losses for off-balance sheet instruments totali ng $ 54 , which is included in other liabilities. At December 31, 2022 and 2021, the following financial instruments were outstanding whose contract amounts represent credit risk: (In Thousands) December 31, December 31, Unfunded commitments under lines of credit: Home equity loans $ 43,798 $ 17,774 Commercial real estate, construction, and land development 62,146 20,609 Commercial and industrial 125,205 100,440 Other — 6,244 Total $ 231,149 $ 145,067 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. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. The Company evaluates each customer’s credit worthiness 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. Collateral held varies but may include personal or commercial real estate, accounts receivable, inventory, and equipment.

Earning Per Share

Earning Per Share	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Earning per share	19. EARNINGS PER SHARE The following table sets forth the composition of earnings per share: (In Thousands, except share and per share data) Year Ended December 31, 2022 2021 Net income (loss) $ 5,598 $ 289 Basic weighted average common shares outstanding 11,310,386 6,879,658 Net effect of dilutive stock options and warrants — 370,805 Diluted weighted average common shares outstanding 11,310,386 7,250,463 Net income (loss) per common share: Basic $ 0.49 $ 0.04 Diluted $ 0.49 $ 0.04 The following is a summary of securities that could potentially dilute basic earnings per common share in future periods that were included in the computation of diluted earnings per common share for the years ended December 31, 2022 and 2021. Year Ended December 31, 2022 2021 Share-based compensation awards — 161,100 Warrants — 1,537,484 Total dilutive securities — 1,698,584 The following is a summary of securities that could potentially dilute basic earnings per share in future periods that were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive for the periods presented. Year Ended December 31, 2022 2021 Share-based compensation awards 195,700 — Warrants 1,537,484 — Total anti-dilutive securities 1,733,184 —

Concentration of Credit Risk

Concentration of Credit Risk	12 Months Ended
	Dec. 31, 2022
Risks and Uncertainties [Abstract]
Concentration of Credit Risk	20. CONCENTRATION OF CREDIT RISK The Company grants commercial, residential and consumer loans to customers primarily located in the South Central and Greater Delaware Valley of Pennsylvania. The concentration of credit by type of collateral is set forth in Note 5. The debtors’ ability to honor their contracts is influenced by the region’s economy. There are numerous risks associated with commercial loans that could impact the borrower’s ability to repay on a timely basis. They include but are not limited to, the owner’s business expertise, changes in local economies, competition, government regulation, and the general financial stability of the borrowing entity. The Company attempts to mitigate these risks by making an analysis of the borrower’s business and industry history, its financial position, as well as that of the business owner. The Company will also require the borrower to provide financial information on the operations of the business periodically over the life of the loan. In addition, most commercial loans are secured by assets of the business or those of the business owner, which can be liquidated if the borrower defaults, along with the personal surety of the business owner. From time to time, the Company will maintain balances with its correspondent banks that exceed the $ 250,000 federally insured deposit limits. Management routinely evaluates the credit worthiness of these correspondent banks and does not feel they pose significant risk to the Company.

Revenue Recognition

Revenue Recognition	12 Months Ended
	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Revenue Recognition	21. REVENUE RECOGNITION All of the Company's revenue within the scope of Accounting Standards Codification (ASC) 606 is recognized within Non-Interest Income on the Consolidated Statements of Operations. ASC 606 is applicable to certain non-interest income streams, which are discussed below. Service Charges and Activity Fees on Deposits Service charges on deposit accounts consist of monthly ATM Income, Wire Transfer Fees, Non-Sufficient Funds Charges, and other deposit related fees. The Company’s performance obligation for monthly service fees is generally satisfied, and the related revenue recognized, over the period in which the service is provided. Check orders and other deposit account related fees are largely transactional based, and, therefore, the Company’s performance obligation is satisfied, and related revenue recognized, at a point in time. Payment for service charges on deposit accounts is primarily received immediately or in the following month through a direct charge to customers’ accounts. The Company’s performance obligation for wire transfers and returned deposit fees, are largely satisfied, and related revenue recognized, when the services are rendered or upon completion. Payment is typically received immediately or in the following month. Fees on loan related activity Fees from loan related activity is comprised mostly of upfront fees recognized on Assumable Rate Conversion Agreements, where Bank originates a floating rate loan. The borrower concurrently signs an addendum to the promissory note with a third party permitting the borrower to pay a fixed rate of interest. The Bank through a master servicing agreement services the Assumable Rate Conversion between the third party and borrower. Other Other fees are primarily comprised of Remote/Mobile Deposit Fees and other service charges. Other noninterest income consists primarily of other nonrecurring revenue which is not recorded in the categories listed above. This revenue is miscellaneous in nature and is recognized as income upon receipt. The following presents noninterest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for the years ended December 31, 2022 and 2021. For the Year Ended December 31, 2022 2021 Non-interest income in-scope of Topic 606 Service charges and activity fees on deposits $ 995 $ 733 Fees on loan related activity 191 227 Other 488 367 Non-interest income (in-scope of Topic 606) 1,674 1,327 Non-interest income (out-of-scope of Topic 606) 1,283 812 Total non-interest income $ 2,957 $ 2,139

Parent Company Only Condensed F

Parent Company Only Condensed Financial Information	12 Months Ended
	Dec. 31, 2022
Condensed Financial Information Disclosure [Abstract]
Parent Company Only Condensed Financial Information	22. PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION Condensed financial information of LINKBANCORP follows: Balance Sheets December 31, 2022 2021 (In thousands) ASSETS Noninterest-bearing cash equivalents $ 15,486 $ 276 Securities available for sale, at fair value — 517 Investment in subsidiaries 162,029 129,181 Other Assets 1,712 365 TOTAL ASSETS $ 179,227 $ 130,339 LIABILITIES AND SHAREHOLDERS' EQUITY Subordinated debt $ 40,484 $ 20,696 Other liabilities 190 20 Shareholders' equity 138,553 109,623 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 179,227 $ 130,339 Condensed Statements of Operations and Comprehensive Income Years Ended December 31, 2022 2021 (in thousands) Income: Interest income $ 11 $ 18 Dividend income from subsidiaries — 724 Expenses: Interest expense 1,501 249 Other noninterest expenses 564 794 Income before income tax ( 2,054 ) ( 301 ) Income tax benefit ( 407 ) ( 199 ) ( 1,647 ) ( 102 ) Equity in undistributed subsidiary income 7,245 391 Net income $ 5,598 $ 289 Comprehensive Loss $ ( 2,585 ) $ ( 1,125 ) Condensed Statements of Cash Flows Years Ended December 31, 2022 2021 (in thousands) OPERATING ACTIVITIES Net income $ 5,598 $ 289 Adjustments: Undistributed earnings of subsidiaries ( 7,245 ) ( 391 ) Amortization of premiums and discounts ( 212 ) — Other, net ( 1,171 ) ( 72 ) Net cash used in operating activities ( 3,030 ) ( 174 ) INVESTING ACTIVITIES Net cash acquired through merger and acquisition — 3,080 Investments in subsidiaries ( 35,000 ) ( 1,300 ) Cash dividends from subsidiaries 1,300 — Sales of securities 504 — Net cash (used in) provided by investing activities ( 33,196 ) 1,780 FINANCING ACTIVITIES Proceeds from issuance of common stock, net 34,650 — Proceeds from issuance of subordinated notes 20,000 — Issuance of shares from exercise of stock options 120 120 Dividends paid ( 3,334 ) ( 1,462 ) Net cash provided by (used in) financing activities 51,436 ( 1,342 ) Increase in cash and cash equivalents 15,210 264 Cash and cash equivalents at the beginning of the period 276 12 Cash and cash equivalents at the end of the period $ 15,486 $ 276

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The merger of GNBF with and into the Company was accounted for as a reverse acquisition using the acquisition method of accounting, in accordance with the provisions of FASB ASC 805 Business Combinations. As such, GNBF was the accounting acquirer and LINKBANCORP was the accounting acquiree. Factors considered within this guidance included, but were not limited to the following: • the relative voting interests of GNB shareholders and LINK shareholders in the resulting company after the merger was completed; • the composition of the board of directors of the Company after the merger was completed; • the composition of executive and senior management of the resulting company after the merger was completed; • the terms of the exchange of equity securities in the merger; and • the relative size of GNB and LINK at the time of the merger. Accordingly, GNBF's historical financial statements are the historical financial statements of the combined company for all periods prior to September 18, 2021 (the "Merger Date"). The Company’s results of operations for 2021 and 2022 include the results of operations of the combined company on and after the Merger Date. Results for periods before the Merger Date reflect only those consolidated results of GNBF and do not include the results of operations of LINKBANCORP. The number of shares issued and outstanding, earnings per share, additional paid-in capital, dividends paid and all references to share quantities of the Company have been retrospectively adjusted to reflect the equivalent number of shares issued to holders of GNBF common stock in the Gratz Merger. The assets and liabilities of LINKBANCORP as of the Merger Date have been recorded at their estimated fair value and added to those of GNBF. See Note 2. Merger for further information. The accompanying consolidated financial statements include the accounts of the Company and the Bank. All significant intercompany accounts and transactions have been eliminated in consolidation. The accounting and reporting practices of the Company conform to accounting principles generally accepted in the United States of America (GAAP) and to general practices within the banking industry. The following summarizes the more significant of these policies and practices.
Reclassification of Prior Period Financial Statements	Reclassification of Prior Period Financial Statements Certain previously reported items have been reclassified to conform to the current year's classifications. Reclassifications had no effect on prior year net income or shareholders' equity.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the allowance for loan losses and the valuation of deferred tax assets.
Initial Public Offering	Initial Public Offering In September 2022, the Company completed its initial public offering ("IPO") whereby it issued and sold 5,101,205 shares of common stock at a public offering price of $ 7.50 per share. The Company received net proceeds of $ 34,650 after deducting underwriting discounts and commissions of $ 2,487 and other offering expenses of $ 1,114 . The Company plans to use the proceeds to support the Bank's current growth, its future growth initiatives, and for general corporate purposes. The Company's common stock now trades on the Nasdaq Capital Market under the symbol "LNKB."
Acquisition Method of Accounting	Acquisition Method of Accounting The Company accounts for acquisitions using the acquisition method of accounting. The acquisition method of accounting requires the Company to estimate the fair value of the tangible assets and identifiable intangible assets acquired and liabilities assumed. The estimated fair values are based on available information and current economic conditions at the date of acquisition. Fair value may be obtained from independent appraisers, discounted cash flow present value techniques, management valuation models, quoted prices on national markets or quoted market prices from brokers. These fair value estimates will affect future earnings through the disposition or amortization of the underlying assets and liabilities. Accounting for business combination under GAAP acquisition method prohibits “carrying over” valuation allowances, such as the allowance for loan losses. Uncertainties relating to the expected future cash flows are reflected in the fair value measurement of the acquired loans and reflected in the purchase price. The Company will establish loan loss allowances for the acquired loans in periods after the acquisition, but only for losses incurred on these loans due to credit deterioration after acquisition. For business acquisitions, whereby the Company acquires loans that have shown evidence of credit deterioration since origination, the Company will classify these loans as purchased credit-impaired (“PCI”) loans. The Company will determine which loans will be classified as PCI loans based on borrower payment history, past due status, loan credit grading, value of underlying collateral and other factors that affect the collectability of contractual cash flows. Under GAAP, purchasers are permitted to individually evaluate or collectively aggregate PCI loans into pools. PCI loans acquired in the same fiscal quarter may be assembled into one or more pools with common risk characteristics. Once pooled, a single composite interest rate is used to determine aggregate expected cash flows for each respective pool. PCI loans are recorded on the acquisition date at fair value. The Company estimates the amount and timing of expected cash flows for each individually analyzed loan. Estimated cash flows in excess of the amount paid is recorded as interest income over the remaining life of the loan. On a quarterly basis, the Company will update the amount of loan principal and interest cash flows expected to be collected, incorporating assumptions regarding default rates, loss severities, the amounts and timing of prepayments and other factors that are reflective of current market conditions. Probable decreases in expected loan principal cash flows trigger the recognition of impairment, which is then measured as the present value of the expected principal loss plus any related foregone interest cash flows discounted at the loan’s effective interest rate. Impairments that occur after the acquisition date are recognized through the allowance for loan losses. Probable and significant increases in expected cash flows would first reverse any previously recorded allowance for loan losses; any remaining increases are recognized prospectively as interest income. The impacts of (i) prepayments, (ii) changes in variable interest rates, and (iii) any other changes in the timing of expected cash flows are recognized prospectively as adjustments to interest income. Disposals of loans, which may include sales of loans, receipt of payments in full by the borrower, or foreclosure, result in removal of the loan from the PCI portfolio.
Goodwill and Other Intangible Asset	Goodwill and Other Intangible Assets Goodwill represents the excess of the acquisition cost over the fair value of the net assets acquired in the acquisition. GAAP requires goodwill to be tested for impairment on an annual basis and between annual tests in certain circumstances and written down when impaired. There can be no assurance that future goodwill impairment tests will not result in a charge to income. Core deposit intangible assets (“CDI”) are initially measured at fair value and then amortized over the expected life on an accelerated basis using projected decay rates of the underlying core deposits. The expected life is generally ten years . The principal factors considered when valuing the CDI consist of the following: (1) the rate and maturity structure of the interest-bearing liabilities, (2) estimated retention rates for each deposit liability category, (3) the current interest rate environment, and (4) estimated noninterest income potential of the acquired relationship. The CDI is evaluated periodically for impairment. Goodwill and other intangible assets are reviewed for impairment annually as of December 31 and between annual tests when events and circumstances indicate that impairment may have occurred. If there is a goodwill impairment charge, it will be the amount by which the reporting unit’s carrying amount exceeds its fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. The same one-step impairment test is applied to goodwill at all reporting units. The determination of the fair value of the Company incorporates assumptions that marketplace participants would use in their estimates of fair value of the Company in a change of control transaction, as prescribed by ASC Topic 820. To arrive at a conclusion of fair value, we utilize both the Income and Market Approach and then apply weighting factors to each result. Weighting factors represent our best business judgment of the weightings a market participant would utilize in arriving at a fair value for the Company. In performing our analyses, we also made numerous assumptions with respect to industry performance, business, economic and market conditions, and various other matters, many of which cannot be predicted and are beyond our control. With respect to financial projections, projections reflect the best currently available estimates and judgments as to the expected future financial performance of the Company.
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of reporting cash flows, cash and cash equivalents include cash on hand and amounts due from banks. Generally, federal funds are purchased and sold for one-day periods. Short-term investments include interest bearing-deposits with banks with an original maturity of less than 90 days.
Investment Securities	Investment Securities Investment securities are classified as held to maturity and carried at amortized cost when management has the positive intent and ability to hold them to maturity. Investment securities that will be held for indefinite periods of time, including securities that may be sold in response to changes in market interest or prepayment rates, needs for liquidity, and changes in the availability of and in the yield of alternative investments, are classified as available for sale. These investment securities are carried at fair value. Fair values of securities available for sale are determined by using Level 2 fair value measures calculated through the use of matrix pricing. Matrix pricing is a common mathematical technique that does not rely exclusively on quoted market prices for specific securities but rather utilizes the security’s relationship to other benchmark quoted prices in determining fair value. The Company uses independent service providers to calculate our Level 2 fair value measures. Unrealized gains and losses are excluded from operations and are reported net of tax as a separate component of other comprehensive income until realized. Realized gains and losses on the sale of investment securities are reported in the consolidated statements of income and determined using the adjusted cost of the specific security sold on the trade date. Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Investment securities are evaluated on at least a quarterly basis, and more frequently when market conditions warrant such an evaluation, to determine whether a decline in their value is other-than-temporary. To determine whether a loss in value is other-than-temporary, management utilizes criteria such as the reasons underlying the decline, the magnitude and duration of the decline, the intent to hold the security and the likelihood of the Company not being required to sell the security prior to an anticipated recovery in the fair value. The term “other-than-temporary” is not intended to indicate that the decline is permanent but indicates that the prospects for a near-term recovery of value is not necessarily favorable, or that there is a lack of evidence to support a realizable value equal to or greater than the carrying value of the investment. Once a decline in value is determined to be other-than-temporary, the portion of the decline related to credit impairment is charged to earnings, and any other-than-temporary impairment related to other factors is recognized in other comprehensive income.
Loans Receivable	Loans Receivable Loans receivable that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are stated at their outstanding unpaid principal balances, net of an allowance for loan losses and any deferred fees or costs. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized as an adjustment of the yield (interest income) of the related loans. The Bank is generally amortizing these amounts over the contractual life of the loan. Premiums and discounts on purchased loans are amortized as adjustments to interest income using the effective yield method. The loans receivable portfolio is segmented into commercial and consumer loans. Commercial loans consist of the following classes: agriculture, commercial and industrial, commercial real estate, and municipal. Consumer loans consist of the following classes: residential real estate, and other consumer. The loan segments are based on collateral type. The accrual of interest on all portfolio classes, including troubled debt restructurings, is discontinued at the time the loan is more than ninety days delinquent unless the loan is well collateralized and in process of collection. Nonaccrual loans are reviewed for charge-off if more than ninety-days past due, except for residential loans and consumer loans. Residential loans are reviewed at 180 days and consumer loans are reviewed at 120 days past due. In all cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered unlikely. All interest accrued but not collected for loans placed on nonaccrual or charged-off is reversed against interest income. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. In addition, a loan should be in accordance with the contractual terms for a reasonable period, usually requiring a payment history of six months.
Loans Held for Sale	Loans Held for Sale Mortgage loans originated and intended for sale in the secondary market are carried at the lower of aggregate cost or fair value, as determined by outstanding commitments from investors. Net unrealized losses, if any, are recorded as a valuation allowance and charged to earnings.
Allowance for Loan Losses	Allowance for Loan Losses The allowance for loan losses is a valuation allowance for probable incurred credit losses. Loan losses are charged against the allowance when management believes the collectability of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. There were no material changes in the Bank’s accounting policies or methodology related to the allowance for loan losses during the year ended December 31, 2022. The allowance for loan losses is evaluated on a quarterly basis by management and is based upon management’s periodic review of the collectability of the loans considering historical experience, the size and composition of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of specific and general components. The specific component relates to loans that are classified as impaired. For such loans, an allowance is established when the discounted cash flows, collateral value or observable market price of the impaired loan is lower than the carrying value of that loan. The general component covers all other loans and is based on historical loss experience adjusted for qualitative factors. The historical loss component of the allowance is determined by losses recognized by portfolio segment over the preceding sixteen quarters. This is supplemented by the risks for each portfolio segment. Risk factors impacting loans in each of the portfolio segments include broad deterioration of property values, reduced consumer, and business spending as a result of unemployment and reduced credit availability and lack of confidence in the economy. The historical experience is adjusted for the following qualitative factors: (a) the existence and effect of any concentrations of credit and changes in the level of such concentrations; (b) changes in national, regional and local economic conditions that affect the collectability of the loan portfolio; (c) changes in levels or trends in charge-offs and recoveries; (d) changes in the volume and severity of past due loans, nonaccrual loans or loans classified special mention, substandard, doubtful or loss; (e) changes in the nature and volume of the loan portfolio and terms of loans; (f) changes in lending policies and procedures, risk selection and underwriting standards; (g) changes in the experience, ability and depth of lending management and other relevant staff; (h) quality of loan review; (i) the effect of other external factors, trends or uncertainties that could affect management’s estimate of probable losses, such as competition and industry conditions. The Company uses peer data when they have insufficient history to use their own loss data. The peer group is made up of various Bank’s with similar size and geographical location to obtain comparable data. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis for commercial, commercial real estate, and residential mortgage loan segments by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral-dependent. Loans for which the terms have been modified resulting in a concession, and for which the borrower is experiencing financial difficulties, are considered troubled debt restructurings (TDRs) and classified as impaired. Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Accordingly, the Company does not separately identify individual consumer loans for impairment disclosures.
Purchased Credit Impaired Loans	Purchased Credit Impaired Loans The Company purchased loans in connection with the Gratz Merger. These purchased credit impaired (“PCI”) loans were recorded at the amount paid, such that there is no carryover of the seller’s allowance for loan losses. After acquisition, losses are recognized by an increase in the allowance for loan losses. Over the life of the loan, expected cash flows continue to be estimated. If this subsequent estimate indicated that the present value of expected cash flows is less than the carrying amount, a charge to the allowance for loan loss is made through a provision. If the estimate indicates that the present value of the expected cash flows is greater than the carrying amount, it is recognized as part of future interest income. Such PCI loans are accounted for individually, and the Company estimates the amount and timing of expected cash flows for each loan. The expected cash flows in excess of the amount paid is recorded as interest income over the remaining life of the loan (accretable yield). The excess of the loan’s contractual principal and interest over expected cash flows is not amortized over the remaining life of the loan (nonaccretable difference). For loans purchased that did not show evidence of credit deterioration, the difference between the fair value of the loan at the acquisition date and the loan’s face value is being amortized as a yield adjustment over the estimated remaining life of the loan using the effective interest method.
Investment in Restricted Stock, at Cost	Investment in Restricted Stock, at Cost The Company holds restricted stock in the Federal Home Loan Bank (“FHLB”) of Pittsburgh and the Atlantic Community Bancshares, Inc. (“ACBB”) which is carried at cost. The Company holds $ 194 of ACBB stock at both December 31, 2022 and 2021 . The Company holds $ 3,183 and $ 2,491 of FHLB stock at December 31, 2022 and 2021 , respectively. The FHLB stock is bought from and sold to the FHLB based upon its $ 100 par value. The stock does not have a readily determinable fair value and as such is classified as restricted stock, carried at cost, and evaluated for impairment as necessary. The stock’s value is determined by the ultimate recoverability of the par value rather than by recognizing temporary declines. The determination of whether the par value will ultimately be recovered is influenced by criteria such as the following: (a) the significance of the decline in net assets of the FHLB as compared to the capital stock amount and the length of time this situation has persisted; (b) commitments by the FHLB to make payments required by law or regulation and the level of such payments in relation to the operating performance; (c) the impact of legislative and regulatory changes on the customer base of the FHLB; and (d) the liquidity position of the FHLB. Management evaluated the stock and concluded that the stock was not impaired for the periods presented herein.
Bank-Owned Life Insurance	Bank-Owned Life Insurance The Company invests in bank-owned life insurance (“BOLI”) as a source of funding for employee benefit expenses. BOLI involves the purchasing of life insurance by the Company on a chosen group of employees. The Company is the owner and beneficiary of the policies. This life insurance investment is carried at the cash surrender value of the underlying policies. Income from the increase in cash surrender value of the policies is included in non-interest income in the Consolidated Statement of Operations, net of expenses.
Premises and Equipment	Premises and Equipment Leasehold improvements and furniture and equipment are stated at cost, less accumulated depreciation. Depreciation and amortization expense is computed using the straight-line method over the estimated useful lives of the assets. Estimated useful lives for furniture and equipment are three to ten years ; leasehold improvements are amortized over the shorter of their respective lease term or estimated life of the improvement.
Other Real Estate Owned	Other Real Estate Owned Foreclosed assets acquired in settlement of loans are carried at fair value, less estimated costs to sell. Prior to foreclosure, as the value of the underlying loan is written down to fair value of the real estate or other assets to be acquired by a charge to the allowance for loan losses, if necessary. Any subsequent write-downs are charged against operating expenses. Operating expenses of such properties, net of related income and losses on disposition, are included in other expenses and gains and losses are included in other noninterest income or other noninterest expense. As of December 31, 2022 and 2021 , the Company had no other real estate owned. As of December 31, 2022 , the Company has initiated formal foreclosure proceedings on no consumer residential mortgages, which have not yet been transferred into foreclosed assets.
Transfers of Financial Assets	Transfers of Financial Assets Transfers of financial assets are accounted for as sales when control of the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Bank, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Bank does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity.
Income Taxes	Income Taxes The income tax accounting guidance results in two components of income tax expense: current and deferred. Current income tax expense reflects taxes to be paid or refunded for the current period by applying the provisions of the enacted tax law to the taxable income or excess of deductions over revenues. The Bank determines deferred income taxes using the liability (or balance sheet) method. Under this method, the net deferred tax asset or liability is based on the tax effects of the differences between the book and tax bases of assets and liabilities, and enacted changes in tax rates and laws are recognized in the period in which they occur. Deferred income tax expense results from changes in deferred tax assets and liabilities between periods. Deferred tax assets are reduced by a valuation allowance if, based on the weight of the evidence available, it is more likely than not that some portion or all of a deferred tax asset will not be realized. The Company accounts for uncertain tax positions if it is more likely than not, based on the technical merits, that the tax position will be realized or sustained upon examination. The term more likely than not means a likelihood of more than 50 percent; the terms examined and upon examination also include resolution of the related appeals or litigation processes, if any. A tax position that meets the more-likely-than-not recognition threshold is initially and subsequently measured as the largest amount of tax benefit that has a greater than 50 percent likelihood of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. The determination of whether a tax position has met the more-likely-than-not recognition threshold considers the facts, circumstances, and information available at the reporting date and is subject to management’s judgment. The Bank recognizes interest and penalties on income taxes as a component of income tax expense.
Off-balance Sheet Financial Instruments	Off-balance Sheet Financial Instruments In the ordinary course of business, the Bank has entered into off-balance sheet financial instruments consisting of commitments to extend credit and letters of credit. Such financial instruments are recorded in the consolidated balance sheets when they are funded.
Share-based Compensation	Share-based Compensation The Bank follows the provisions of ASC 718-10, Compensation – Stock Compensation. This standard requires the Bank to recognize the cost of employee and organizer services received in share-based payment transactions and measure the cost based on the grant-date fair value of the award. The cost will be recognized over the period during which the employee or organizer is required to provide service in exchange for the award. The stock compensation accounting guidance requires that compensation cost for all stock awards be calculated and recognized over the employee’s service period, generally defined as the vesting period. For awards with graded-vesting, compensation cost is recognized on a straight-line basis over the requisite service period for the entire award. A Black-Scholes model is used to estimate the fair value of stock options, while the fair value of the Company’s common stock as the date of grant is used for restricted stock awards.
Stock Warrants	Stock Warrants The Company issued stock purchase warrants in connection with its initial stock offering via private placement, giving organizers the right to purchase shares of common stock at the initial offering price of $ 10 per share. For organizers, the warrants serve as a reward for bearing the financial risk of the Company’s organization by advancing “seed money” for its organizational and pre-opening expenses. The organizers’ warrants are non-voting and are exercisable for a period of ten years from the date of grant. All grants were issued during 2019. These warrants are transferable in accordance with the warrant agreement, but are not puttable to the Company. These shares may be issued from previously authorized but unissued shares of stock. The Board has made no additional authorization to issue any further warrants as of December 31, 2022 and has no current plans for future issuance of warrants. To date, organizers have not exercised any warrants since their issuance. Based on the contractual terms, the warrants do not fall within the scope of ASC 480-10, Distinguishing Liabilities from Equity , and they meet the requirements within ASC 815, Derivatives and Hedging , to be classified within shareholders’ equity. The fair value of these shares upon issuance using the Black-Scholes model was zero, based on the fair value for the stock on the date of grant.
Comprehensive Income	Comprehensive Income consists of net income and other comprehensive (loss) income. Other comprehensive (loss) income includes unrealized gains and losses on securities available for sale, which is also recognized as a separate component of equity.
Treasury Stock	Treasury Stock Common stock shares repurchased are recorded as treasury stock, at cost on the consolidated balance sheets, on a settlement date basis. Gains and losses on subsequent reissuance of shares are credited or charged to surplus using the average cost method.
Earnings Per Share	Earnings Per Share Basic earnings per share (EPS) represents net income available to common shareholders divided by the weighted-average number of common shares outstanding during the period. Diluted earnings per share includes the dilutive effect of additional potential common shares issuable under stock options. Potential common shares that may be issued related to outstanding stock options are determined using the treasury stock method.
Operating Segments	Operating Segments While the chief decision maker monitors the revenue streams of the various products and services, operations are managed and financial performance is evaluated on a Company-wide basis. Discrete financial information is not available other than on a Company-wide basis, as management does not separately allocate expenses between the various operations of the Company.
Advertising Expenses	Advertising Expenses The Company expenses advertising costs as incurred. Advertising costs for the years ended December 31, 2022 and 2021 were $ 370 and $ 171 , respectively, and were included within Other Expenses within the Consolidated Statements of Operations.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In January 2017, the FASB issued ASU 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. This standard simplifies the test for goodwill impairment by eliminating the requirement to calculate the implied fair value of goodwill, which currently is Step 2 of the goodwill impairment test. Instead the goodwill impairment test will consist of a single quantitative step comparing the fair value of the reporting unit with its carrying amount. An entity should recognize a goodwill impairment charge for the amount by which the carrying amount exceeds the reporting unit's fair value. The new standard is effective for annual and any interim goodwill impairment tests in reporting periods beginning after December 15, 2022. The adoption of this standard did not have a material effect on the Company's operating results or financial condition upon adoption at January 1, 2023. In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses: Measurement of Credit Losses on Financial Instruments , which changes the impairment model for most financial assets measured at amortized cost, including loan receivables and held to maturity debt securities. This model is also applicable to off-balance sheet credit exposures not accounted for as insurance, such as loan commitments, standby letters of credit, financial guarantees, and other similar instruments. In addition, the amendments in ASU 2016-03 require credit losses on available-for-sale debt securities to be presented as a valuation rather than as a direct write down. This Update is intended to improve financial reporting by requiring more timely recording of credit losses on these financial instruments. The underlying premise of the Update is that financial assets measured at amortized cost should be presented at the net amount expected to be collected, through an allowance for credit losses that is deducted from the amortized cost basis. The allowance for credit losses should reflect management’s current estimate of credit losses ("CECL") that are expected to occur over the remaining life of a financial asset. The income statement will be affected for the measurement of credit losses for newly recognized financial assets, as well as the expected increases or decreases of expected credit losses that have taken place during the period. The Company adopted ASU 2016-13 effective January 1, 2023. The impact of adoption resulted in an estimated increase to the allowance for credit losses between $ 5,500 and $ 7,500 . Existing PCI assets were grandfathered and classified as purchased credit deteriorated ("PCD") assets at the date of adoption. The assets were grossed up for the allowance for expected losses for all PCD assets at the date of adoption and will continue to recognize the noncredit discount in interest income based on the yield of such assets as of the adoption date. Separate from the estimated increase in the allowance for credit losses disclosed above, t he required liability for unfunded commitments at January 1, 2023 is estimated to fall within the range of $ 800 to $ 1,100 as commitments that are not unconditionally cancelable require an allowance for credit losses utilizing the same loss factors as loans. This allowance was recorded within other liabilities. The resulting impact of these allowances will be a decrease to retained earnings on the Company's Consolidated Balance Sheets, equal to the qual to the after-tax impact of the increase in allowance balances, with the tax impact being recorded as a deferred tax asset on the Company's Consolidated Balance Sheets. The Company did not identify any available-for-sale debt securities requiring allowances to be established upon adoption of the standard on January 1, 2023. The Company evaluated its corporate debentures and structured mortgage-backed securities within its held to maturity debt securities and determined that as of January 1, 2023, the risk of loss within both pools was remote. As such, the allowance for debt securities held to maturity established upon adoption of the standard on January 1, 2023 was immaterial. The Company is continuing to validate our CECL model, estimates and adoption methodologies and the estimated impacts described above are subject to change based on our continuing refinement of our model. The Federal Reserve and the FDIC have adopted a rule that provides a banking organization the option to phase-in over a three-year period the effects of CECL on its regulatory capital upon the adoption of the CECL standard. The Company does expect to exercise the phase-in option. In January 2021, the FASB issued ASU 2021-01, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting, which added to ASU 2020-04 on optional expedients and exceptions to the U.S. GAAP guidance on contract modifications and hedge accounting to ease the financial reporting burdens of the expected market transition from LIBOR and other interbank offered rates to alternative reference rates, such as the Secured Overnight Financing Rate. Entities can elect not to apply certain modification accounting requirements to contracts affected by what the guidance calls “reference rate reform” if certain criteria are met. An entity that makes this election would not have to remeasure the contracts at the modification date or reassess a previous accounting determination. Also, entities can elect various optional expedients that would allow them to continue applying hedge accounting for hedging relationships affected by reference rate reform if certain criteria are met, and can make a onetime election to sell and/or reclassify held-to-maturity debt securities that reference an interest rate affected by reference rate reform. ASU 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848 deferred the sunset date of Topic 848 from December 31, 2022 to December 31, 2024. The amendments in this ASU are effective for all entities upon issuance through December 31, 2024. The Company has identified our loan receivables that have an interest rate indexed to LIBOR and is currently assessing the appropriate transition path. As such, the Company does not have an estimate of the financial impact of this update but does not expect the impact to be material to the financial statements of the Company. In March 2022, the FASB issued ASU 2022-02, Financial Instruments - Credit Losses: Troubled Debt Restructurings and Vintage Disclosures, which eliminates accounting guidance for troubled debt restructurings ("TDRs") by creditors that have adopted ASU 2016-13 and its related amendments. The amendments require that an entity evaluate whether the loan modification represents a new loan or a continuation of an existing loan, and introduce new requirements related to modifications made to borrowers experiencing financial difficulty. The amendments also require public business entities to disclose current-period gross write-offs for financing receivables by year of origination in the vintage disclosures. For entities that have adopted ASU 2016-13, the amendments in this ASU are effective for fiscal years beginning after December 15, 2022. For entities that have not adopted ASU 2016-13, the amendments in this update are effective at the time the entity adopts ASU 2016-13. The adoption of this standard is not expected to have a material effect on the Company's operating results or financial condition.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Summary of composition of earnings per share	The following table sets forth the composition of earnings per share: (In Thousands, except share and per share data) Year Ended December 31, 2022 2021 Net income (loss) $ 5,598 $ 289 Basic weighted average common shares outstanding 11,310,386 6,879,658 Net effect of dilutive stock options and warrants — 370,805 Diluted weighted average common shares outstanding 11,310,386 7,250,463 Net income (loss) per common share: Basic $ 0.49 $ 0.04 Diluted $ 0.49 $ 0.04
Schedule of antidilutive securities excluded from computation of earnings per share	The following is a summary of securities that could potentially dilute basic earnings per share in future periods that were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive for the periods presented. Year Ended December 31, 2022 2021 Share-based compensation awards 195,700 — Warrants 1,537,484 — Total anti-dilutive securities 1,733,184 —

Mergers and Acquisitions (Table

Mergers and Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2022
Business Combinations [Abstract]
Summary of Fair Value of Consideration Paid	The following table summarizes the fair value consideration paid for GNBF as of the date of acquisition: (Dollars in thousands except per share amounts) Total GNBF common shares outstanding 779,000 GNBF shares outstanding exchanged for LINKBANCORP, Inc. common stock 663,240 GNBF shares outstanding exchanged for cash 115,760 Exchange Ratio 7.3064 LINKBANCORP, Inc. shares to be issued to GNBF shareholders 4,845,897 LINKBANCORP, Inc. Shares currently outstanding 4,968,550 Total LINKBANCORP, Inc. shares to be outstanding 9,814,447 GNBF pro forma common share % ownership 49.38 % LINKBANCORP, Inc. pro forma common share % ownership 50.62 % Reverse Acquisition Hypothetical Purchase Price Consideration GNBF shares outstanding exchanged for LINKBANCORP, Inc. common stock 663,240 Ownership % to be owned by current GNBF shareholders 49.38 % Hypothetical GNBF shares outstanding based on GNBF % ownership 1,343,267 Ownership % by legacy LINKBANCORP, Inc. shareholders 50.62 % Hypothetical GNBF shares to be issued as consideration 680,027 Fair value of GNBF shares (LINKBANCORP, Inc. fair value per share of $ 12.90 as of 9/17/2021 multiplied by the exchange rate) $ 94.25 Purchase price assigned to hypothetical GNBF shares issued to LINKBANCORP, Inc. shareholders $ 64,094 LINKBANCORP, Inc. options and warrants 1,962,484 Fair value per options and warrants $ 3.76 Purchase price assigned to LINKBANCORP, Inc. options and warrants 7,379 Total purchase price consideration $ 71,473 Pro Forma Purchase Price Allocation Between Stock & Cash: Cash consideration $ 10,077 Common Stock 61,396 Total Purchase Price For Accounting Purposes $ 71,473
Allocation of Purchase Price for Merger	he purchase price for the Gratz Merger is allocated in the table below. Total Consideration in the Merger $ 71,473 Calculated Fair Value of Assets Acquired Cash and cash equivalents $ 49,962 Securities available for sale 3,111 Loans 415,905 Premises and equipment 2,087 Right-of-use asset 4,544 Intangible assets 1,246 Investment in bank owned life insurance 4,784 Deferred taxes 3,675 Other assets 4,394 Total Assets Acquired 489,708 Calculated Fair Value of Liabilities Assumed Deposits 391,160 Long term borrowings 33,034 Subordinated debt 20,740 Operating lease liabilities 4,544 Other liabilities 2,265 Total Liabilities Assumed 451,743 Net Assets Acquired 37,965 Goodwill From the Merger $ 33,508
Summary of Merger	The following table summarizes the Gratz Merger as of September 18, 2021: Total Consideration in the Merger $ 71,473 LINKBANCORP, Inc. shareholders’ equity $ 43,124 LINKBANCORP, Inc. goodwill and intangibles ( 1,353 ) Fair Value Adjustments: Loans Interest rate ( 1,521 ) General credit ( 6,346 ) Credit adjustment for loans acquired with deteriorated credit quality ( 1,243 ) Remove existing deferred loan fees, net at acquisition 1,192 Remove the allowance for loan losses present at acquisition 4,953 Intangible assets 1,146 Other assets ( 991 ) Time deposits ( 231 ) Subordinated debt ( 765 ) 37,965 Goodwill From the Merger $ 33,508
Schedule of Fair Value Adjustments made to Amortized Cost Basis	The table below illustrates the fair value adjustments made to the amortized cost basis in order to present the fair value of the loans acquired. Unpaid principal balance at Merger $ 425,015 Interest rate fair value adjustment on pools of homogeneous loans ( 1,520 ) Credit fair value adjustment on pools of homogeneous loans ( 6,347 ) Credit fair value adjustment on purchased credit impaired loans ( 1,243 ) Fair value of acquired loans $ 415,905
Schedule of Acquired purchased Credit Impaired Loans Receivable.	The following table presents the acquired purchased credit impaired loans receivable at the merger date: Contractual principal and interest at Merger $ 8,509 Nonaccretable difference ( 2,716 ) Expected cash flows at Merger 5,793 Accretable yield ( 409 ) Fair value of purchased credit impaired loans $ 5,384
Summary of Proforma Information	The pro forma amounts for the years ended December 31, 2021 do not reflect the anticipated cost savings that had not yet been realized. (Dollars in thousands) Net interest income $ 28,075 Non-interest income 2,551 Net income (loss) 8,159 Basic earnings (loss) per common share $ 0.83 Diluted earnings (loss) per common share $ 0.80

Investment Securities (Tables)

Investment Securities (Tables)	12 Months Ended
	Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Summary of Amortized Cost, Gross Unrealized Gains and Losses, and Fair Value of Investment Securities Available for Sale	The amortized cost, gross unrealized gains and losses, and fair value of investment securities available for sale are summarized as follows: December 31, 2022 (In Thousands) Amortized Gross Gross Fair Available for Sale: Small Business Administration loan pools $ 858 $ — $ ( 15 ) $ 843 Obligations of state and political subdivisions 44,189 14 ( 4,034 ) 40,169 Mortgage-backed securities in government-sponsored entities 41,873 — ( 4,072 ) 37,801 $ 86,920 $ 14 $ ( 8,121 ) $ 78,813 Held to Maturity: Corporate debentures $ 14,993 $ — $ ( 994 ) $ 13,999 Structured mortgage-backed securities 16,829 — ( 748 ) 16,081 $ 31,822 $ — $ ( 1,742 ) $ 30,080 December 31, 2021 (In Thousands) Amortized Gross Gross Fair Available for Sale: Small Business Administration loan pools $ 1,099 $ — $ ( 15 ) $ 1,084 Obligations of state and political subdivisions 46,115 2,405 ( 38 ) 48,482 Mortgage-backed securities in government-sponsored entities 54,239 382 ( 404 ) 54,217 $ 101,453 $ 2,787 $ ( 457 ) $ 103,783
Summary of Gross Unrealized Losses and Fair Value	The following tables show the Company's gross unrealized losses and fair value, aggregated by investment category and length of time the individual debt securities have been in a continuous unrealized loss position. December 31, 2022 Less Than Twelve Months Twelve Months or Greater Total (In Thousands) Fair Value Gross Unrealized Loss Fair Value Gross Unrealized Loss Fair Value Gross Unrealized Loss Available for Sale: Small Business Administration loan pools $ 334 $ ( 1 ) $ 509 $ ( 14 ) $ 843 $ ( 15 ) Obligations of state and political subdivisions 34,836 ( 3,372 ) 2,559 ( 662 ) 37,395 ( 4,034 ) Mortgage-backed securities in government-sponsored entities 18,052 ( 1,538 ) 19,749 ( 2,534 ) 37,801 ( 4,072 ) $ 53,222 $ ( 4,911 ) $ 22,817 $ ( 3,210 ) $ 76,039 $ ( 8,121 ) Held to Maturity: Corporate debentures $ 13,999 $ ( 994 ) $ — $ — $ 13,999 $ ( 994 ) Structured mortgage-backed securities 16,081 ( 748 ) — — 16,081 ( 748 ) $ 30,080 $ ( 1,742 ) $ — $ — $ 30,080 $ ( 1,742 ) December 31, 2021 Less Than Twelve Months Twelve Months or Greater Total (In Thousands) Fair Value Gross Unrealized Loss Fair Value Gross Unrealized Loss Fair Value Gross Unrealized Loss Available for Sale: Small Business Administration loan pools $ — $ — $ 1,084 $ ( 15 ) $ 1,084 $ ( 15 ) Obligations of state and political subdivisions 3,189 ( 38 ) — — 3,189 ( 38 ) Mortgage-backed securities in government-sponsored entities 23,420 ( 266 ) 4,687 ( 102 ) 28,107 ( 368 ) $ 26,609 $ ( 304 ) $ 5,771 $ ( 117 ) $ 32,380 $ ( 421 )
Summary of Amortized Cost and Fair Value by Contractual Maturity	mortized cost and fair value by contractual maturity, where applicable, are shown below. Actual maturities may differ from contractual maturities because the borrower may have the right to prepay obligations with or without penalty. Available for Sale Securities Held to Maturity Securities (In Thousands) Amortized Fair Amortized Fair Due within one year $ 314 $ 314 $ — $ — Due after one year through five years 6,480 6,340 3,000 2,888 Due after five years through ten years 12,701 11,949 11,993 11,111 Due after ten years 25,552 22,408 — — Mortgage-backed securities and Collateralized mortgage obligations 41,873 37,802 16,829 16,081 $ 86,920 $ 78,813 $ 31,822 $ 30,080
Summary of Sales of Debt Securities	The following table summarizes sales of debt securities: (In Thousands) For the Year Ended December 31, 2022 2021 Proceeds $ 513 $ 11,371 Gross gains 13 127 Gross losses — ( 53 ) Net gain $ 13 $ 74

Certificates of Deposit with _2

Certificates of Deposit with Other Banks (Tables)	12 Months Ended
	Dec. 31, 2022
Certificates of Deposit with Other Banks [Abstract]
Summary of Contractual Maturity of Certificate of Deposit	nterest-earning certificates of deposit with other banks are held at cost. The contractual maturity of these certificates of deposit as of December 31, 2022 and 2021 is as follows: December 31, (in Thousands) 2022 2021 Due in one year or less $ 3,382 $ 7,205 Due after one year through five years 2,241 5,623 $ 5,623 $ 12,828

Loans Receivable (Tables)

Loans Receivable (Tables)	12 Months Ended
	Dec. 31, 2022
Loans and Leases Receivable Disclosure [Abstract]
Summary of Portfolio Segments and Classes of Loans	The portfolio segments and classes of loans are as follows: (In Thousands) December 31, 2022 December 31, 2021 Agriculture loans $ 15,591 $ 9,341 Commercial loans 103,874 98,604 Paycheck Protection Program ("PPP") loans 881 23,774 Commercial real estate loans 540,914 338,749 Residential real estate loans 250,832 231,302 Consumer and other loans 10,057 7,087 Municipal loans 5,466 6,182 927,615 715,039 Deferred costs (fees) 256 ( 223 ) Allowance for loan losses ( 4,666 ) ( 3,152 ) Total $ 923,205 $ 711,664

Allowances for Loan Losses (Tab

Allowances for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2022
Allowance for Credit Loss [Abstract]
Summary of Allowances for Loan Losses by Loan Class	The following table summarizes the activity in the allowance for loan losses by loan class for the years ended December 31, 2022 and 2021. Agriculture Commercial and PPP Commercial Residential Consumer Municipal Unallocated Total (In Thousands) For the Year Ended December 31, 2022 Allowance for loan losses: Beginning balance $ 23 $ 582 $ 799 $ 1,634 $ 22 $ 15 $ 77 $ 3,152 Charge-offs — ( 1 ) — ( 3 ) ( 3 ) — — ( 7 ) Recoveries — 32 — 197 2 — — 231 Provision 10 ( 30 ) 1,663 ( 292 ) 19 ( 3 ) ( 77 ) 1,290 Ending balance $ 33 $ 583 $ 2,462 $ 1,536 $ 40 $ 12 $ 0 $ 4,666 For the Year Ended December 31, 2021 Allowance for loan losses: Beginning balance $ 120 $ 290 $ 314 $ 1,702 $ 35 $ 18 $ 310 $ 2,789 Charge-offs — ( 24 ) ( 18 ) ( 297 ) — — — ( 339 ) Recoveries — 22 — 32 — — — 54 Provision ( 97 ) 294 503 197 ( 13 ) ( 3 ) ( 233 ) 648 Ending balance $ 23 $ 582 $ 799 $ 1,634 $ 22 $ 15 $ 77 $ 3,152
Summary of Balance of Loans Individually Evaluated vs. Collectively Evaluated for Impairment	The following table illustrates the balance of loans individually evaluated vs. collectively evaluated for impairment at December 31, 2022 and 2021. Agriculture Commercial and PPP Commercial Residential Consumer Municipal Unallocated Total (In Thousands) As of December 31, 2022 Allowance for loan losses: Ending balance $ 33 $ 583 $ 2,462 $ 1,536 $ 40 $ 12 $ — $ 4,666 Ending balance: individually $ — $ 20 $ — $ — $ — $ — $ — $ 20 Ending balance: collectively evaluated $ 33 $ 563 $ 2,462 $ 1,536 $ 40 $ 12 $ — $ 4,646 Loans: Ending balance $ 15,591 $ 104,755 $ 540,914 $ 250,832 $ 10,057 $ 5,466 $ 927,615 Ending balance: individually $ 300 $ 55 $ 2,306 $ 4,652 $ — $ — $ 7,313 Ending balance: loans acquired with deteriorated credit $ — $ — $ 2,227 $ 182 $ — $ — $ 2,409 Ending balance: collectively evaluated $ 15,291 $ 104,700 $ 536,381 $ 245,998 $ 10,057 $ 5,466 $ 917,893 Agriculture Commercial and PPP Commercial Residential Consumer Municipal Unallocated Total (In Thousands) As of December 31, 2021 Allowance for loan losses: Ending balance $ 23 $ 582 $ 799 $ 1,634 $ 22 $ 15 $ 77 $ 3,152 Ending balance: individually $ — $ — $ — $ — $ — $ — $ — $ — Ending balance: collectively evaluated $ 23 $ 582 $ 799 $ 1,634 $ 22 $ 15 $ 77 $ 3,152 Loans: Ending balance $ 9,341 $ 122,378 $ 338,749 $ 231,302 $ 7,087 $ 6,182 $ 715,039 Ending balance: individually $ — $ 42 $ — $ 709 $ — $ — $ 751 Ending balance: loans acquired with deteriorated credit $ — $ 512 $ 4,394 $ 650 $ — $ — $ 5,556 Ending balance: collectively evaluated $ 9,341 $ 121,824 $ 334,355 $ 229,943 $ 7,087 $ 6,182 $ 708,732
Summary of Activity for Accretable Yield of Purchased Credit-impaired Loans	The following table provides activity for the accretable yield of PCI loans for the year ended December 31, 2022. (In Thousands) December 31, 2022 December 31, 2021 Accretable yield, beginning of period $ 307 $ — Additions — 409 Accretion of income ( 151 ) ( 102 ) Reclassifications from nonaccretable difference due to improvement in expected cash flows — — Other changes, net ( 156 ) — Accretable yield, end of period $ — $ 307
Summary of Classes of the Loan Portfolio Summarized by the Internal Risk Rating System	The following table presents the classes of the loan portfolio summarized by the internal risk rating system as of December 31, 2022 and 2021: (In Thousands) Special As of December 31, 2022 Pass Mention Substandard Doubtful Total Agriculture loans $ 15,291 $ — $ 300 $ — $ 15,591 Commercial and PPP loans 101,980 2,721 54 — 104,755 Commercial real estate loans 533,864 2,516 4,534 — 540,914 Residential real estate loans 246,028 207 4,597 — 250,832 Consumer loans 10,057 — — — 10,057 Municipal loans 5,466 — — — 5,466 Total $ 912,686 $ 5,444 $ 9,485 $ — $ 927,615 (In Thousands) Special As of December 31, 2021 Pass Mention Substandard Doubtful Total Agriculture loans $ 9,341 $ — $ — $ — $ 9,341 Commercial and PPP 117,918 3,757 703 — 122,378 Commercial real estate loans 332,156 2,077 4,516 — 338,749 Residential real estate loans 228,664 1,657 981 — 231,302 Consumer loans 7,087 — — — 7,087 Municipal loans 6,182 — — — 6,182 Total $ 701,348 $ 7,491 $ 6,200 $ — $ 715,039
Summary of Aging Analysis of the Recorded Investment of Past-Due Loans	The following tables present an aging analysis of the recorded investment of past-due loans. December 31, 2022 (In Thousands) 30-59 60-89 90 Days Total Current Purchased Credit Impaired Loans Total Total > 90 Agriculture loans $ 193 $ 48 $ 149 $ 390 $ 15,201 $ — $ 15,591 $ 149 Commercial and PPP loans 111 21 54 186 104,569 — 104,755 54 Commercial real estate loans 863 88 190 1,141 537,546 2,227 540,914 — Residential real estate loans 2,474 137 1,176 3,787 246,863 182 250,832 540 Consumer loans 254 58 — 312 9,745 — 10,057 — Municipal loans — — — — 5,466 — 5,466 — Total $ 3,895 $ 352 $ 1,569 $ 5,816 $ 919,390 $ 2,409 $ 927,615 $ 743 December 31, 2021 (In Thousands) 30-59 60-89 90 Days Total Current Purchased Credit Impaired Loans Total Total > 90 Agriculture loans $ 83 $ — $ — $ 83 $ 9,258 $ — $ 9,341 $ — Commercial and PPP loans 66 — — 66 121,800 512 122,378 — Commercial real estate loans 245 — — 245 334,110 4,394 338,749 — Residential real estate loans 1,427 211 869 2,507 228,145 650 231,302 762 Consumer loans 31 2 — 33 7,054 — 7,087 — Municipal loans — — — — 6,182 — 6,182 — Total $ 1,852 $ 213 $ 869 $ 2,934 $ 706,549 $ 5,556 $ 715,039 $ 762
Summary of Impaired Loans	The following tables present the recorded investment and unpaid principal balances for impaired loans and related allowance, if applicable. Also presented are the average recorded investments and the related amount of interest recognized during the time within the period that the impaired loans were impaired. As of December 31, 2022 (In Thousands) Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Agriculture loans $ 300 $ 300 $ — Commercial loans 35 55 — Commercial real estate loans 2,306 2,312 — Residential real estate loans 4,652 4,683 — Consumer loans — — — Municipal loans — — — With an allowance recorded: Agriculture loans $ — $ — $ — Commercial loans 20 20 20 Commercial real estate loans — — — Residential real estate loans — — — Consumer loans — — — Municipal loans — — — Total Agriculture loans $ 300 $ 300 $ — Commercial loans 55 75 20 Commercial real estate loans 2,306 2,312 — Residential real estate loans 4,652 4,683 — Consumer loans — — — Municipal loans — — — $ 7,313 $ 7,370 $ 20 As of December 31, 2021 (In Thousands) Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Agriculture loans $ — $ — $ — Commercial loans 42 61 — Commercial real estate loans — — — Residential real estate loans 709 779 — Consumer loans — — — Municipal loans — — — With an allowance recorded: Agriculture loans $ — $ — $ — Commercial loans — — — Commercial real estate loans — — — Residential real estate loans — — — Consumer loans — — — Municipal loans — — — — — — Total Agriculture loans $ — $ — $ — Commercial loans 42 61 — Commercial real estate loans — — — Residential real estate loans 709 779 — Consumer loans — — — Municipal loans — — — $ 751 $ 840 $ — For the Year Ended December 31, 2022 2021 (In Thousands) Average Interest Income Recognized Average Interest Income Recognized With no related allowance recorded: Agriculture loans $ 200 $ 9 $ — $ — Commercial loans 39 — — — Commercial real estate loans 2,365 125 — — Residential real estate loans 4,772 159 759 20 Consumer loans — — — — Municipal loans — — — — 7,376 293 759 20 With an allowance recorded: Agriculture loans $ — $ — $ — $ — Commercial loans 23 1 — — Commercial real estate loans — — — — Residential real estate loans — — — — Consumer loans — — — — Municipal loans — — — — 23 1 — — Total $ 7,399 $ 294 $ 759 $ 20
Summary of Portfolio of Nonaccrual Loans	The following table present nonaccrual loans by classes of the loan portfolio: (In Thousands) December 31, December 31, Commercial and PPP loans $ 35 $ 39 Commercial real estate loans 231 144 Residential real estate loans 1,652 449 Consumer loans — 2 Total $ 1,918 $ 634 The above nonaccrual loans as of December 31, 2022 and 2021 exclude PCI loans with balances of $ 2,409 and $ 5,556 , respectively. Management does not consider these loans to be non-performing as they are accounted for under the accretable yield method and are performing in line with expectations as of December 31, 2022 and 2021 .

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Summary of Year-end Premises and Equipment	Year-end premises and equipment owned and utilized in the operations of the Company were as follows: December 31, (In Thousands) 2022 2021 Land $ 689 $ 689 Buildings and improvements 4,170 4,190 Furniture, fixtures, and equipment 4,651 2,939 Leasehold Improvements 2,489 941 11,999 8,759 Accumulated Depreciation ( 5,256 ) ( 3,470 ) Total $ 6,743 $ 5,289

Lease Commitments (Tables)

Lease Commitments (Tables)	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Summary of Information Associated with Obligations Under Leases	The following table presents information associated with our obligations under leases for the years ended December 31, 2022 and 2021: 2022 2021 Weighted-average remaining term (years) 11.0 12.9 Weighted-average discount rate 5.1 % 4.9 %
Summary of Lessee, Operating Lease, Liability, Maturity	The following table presents the undiscounted cash flows due related to operating leases as of December 31, 2022: (In Thousands) Amount 2023 $ 1,167 2024 1,179 2025 1,170 2026 1,205 2027 and thereafter 8,897 Total Undiscounted Cash Flows $ 13,618 Discount on Cash Flows ( 3,399 ) Total lease liabilities $ 10,219

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Change in Goodwill	The change in goodwill during the years ended December 31, 2022 and 2021 is as follows: 2022 2021 Beginning of year $ 35,842 $ 2,333 Acquired Goodwill — 33,509 Impairment — — End of year $ 35,842 $ 35,842
Schedule of Acquired Intangible Assets	Acquired intangible assets were as follows at year-end: 2022 2021 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Amortized intangible assets: Core deposit intangibles $ 1,566 $ 787 $ 1,566 $ 589 Trade name intangibles 348 75 348 15 Total $ 1,914 $ 862 $ 1,914 $ 604
Schedule of Expected Aggregate Annual Amortization Expense	Expected aggregate annual amortization expense for the next five years assuming no new acquisitions or impairments is as follows: (In Thousands) 2023 $ 233 2024 208 2025 181 2026 162 2027 129 2028 and thereafter 139 $ 1,052

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2022
Deposits [Abstract]
Summary of Deposit Accounts	Deposit accounts are summarized as follows: December 31, December 31, (In Thousands) Amount % Amount % Demand, noninterest-bearing $ 192,773 20.36 % $ 129,243 16.75 % Demand, interest-bearing 254,478 26.88 256,258 33.21 Money market and savings 228,048 24.09 205,843 26.68 Time deposits, $ 250 and over 45,616 4.82 56,266 7.29 Time deposits, other 225,857 23.86 124,055 16.08 $ 946,772 100.0 % $ 771,665 100.0 %
Summary of Scheduled Maturities of Time Deposits	The scheduled maturities of time deposits are as follows: (In Thousands) December 31, One year or less $ 206,176 More than one year to two years 51,327 More than two years to three years 7,879 More than three years to four years 3,952 More than four years to five years 1,100 More than five years 1,039 Total $ 271,473

Borrowings and Subordinated D_2

Borrowings and Subordinated Debentures (Tables)	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Summary of Other Borrowings and Subordinated Debt	Other borrowings and subordinated debt was as follows: (in Thousands) December 31, December 31, Subordinated Debt $ 40,484 $ 20,696 Federal Reserve PPPLF — 19,814 Short-term borrowings 20,938 — Total $ 61,422 $ 40,510

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Schedule of Provision for Income Taxes	The provision for income taxes consists of: For the Year Ended December 31, (In Thousands) 2022 2021 Current tax expense (benefit) $ 38 $ ( 265 ) Deferred tax expense 1,184 76 Total $ 1,222 $ ( 189 )
Schedule of Significant Portions of Deferred Tax Assets and Deferred Tax Liabilities	The tax effects of deductible and taxable temporary differences that gave rise to significant portions of the deferred tax assets and deferred tax liabilities, respectively, are as follows: (In Thousands) December 31, December 31, Deferred tax assets: Allowance for loan losses $ 970 $ 706 Deferred compensation 602 295 Net fair value adjustment on acquired net assets 1,250 1,700 Net unrealized loss on debt securities 1,703 — Net operating loss carryforwards 1,740 2,263 Other 379 8 Total deferred tax assets $ 6,644 $ 4,972 Deferred tax liabilities: Premises and equipment $ ( 1,025 ) $ ( 350 ) Net unrealized gain on debt securities — ( 491 ) Mortgage servicing rights — ( 93 ) Total deferred tax liabilities ( 1,025 ) ( 934 ) Net deferred tax asset $ 5,619 $ 4,038
Reconciliation of Effective Income Tax Rate	The reconciliation of the federal statutory rate and the Company's effective income tax rate is as follows: For the Year Ended December 31, 2022 2021 (In Thousands) Amount % of Pretax Income Amount % of Pretax Income Provision at statutory rate $ 1,432 21.0 % $ 21 21.0 % Tax-exempt income on debt securities ( 253 ) ( 3.7 ) ( 291 ) ( 291.3 ) Bank-owned life insurance ( 104 ) ( 1.5 ) ( 53 ) ( 53.0 ) Non-deductible merger expenses — — 149 ( 149.2 ) Other 147 2.1 ( 15 ) ( 14.6 ) Actual tax expense and effective rate $ 1,222 17.9 % $ ( 189 ) ( 188.6 ) %

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Summary of Estimated Fair Value of Financial Instruments that are not Required to be Measured or Reported at Fair Value	The estimated fair values of the Company’s financial instruments that are not required to be measured or reported at fair value are as follows: At December 31, 2022 At December 31, 2021 (In Thousands) Carrying Fair Carrying Fair Financial assets: Cash and cash equivalents (Level 1) $ 30,011 $ 30,011 $ 22,590 $ 22,590 Certificates of deposit with other banks (Level 3) 5,623 5,590 12,828 12,828 Securities held to maturity (Level 2) 31,822 30,080 — — Loans (Level 3) 927,871 886,944 711,664 705,706 Accrued interest receivable (Level 1) 4,661 4,661 3,022 3,022 Restricted investments in bank stock (Level 1) 3,377 3,377 2,685 2,685 Cash surrender value of life insurance (Level 1) 19,244 19,244 18,787 18,787 Financial liabilities: Non-maturity deposits (Level 1) 675,299 675,299 591,344 591,344 Time Deposits (Level 3) 271,473 266,775 180,321 180,485 Other borrowings (Level 3) 20,938 20,938 19,814 19,819 Subordinated Notes (Level 3) 40,484 35,966 20,696 20,696 Accrued interest payable (Level 1) 797 797 103 103
Summary of Fair Value of Assets and Liabilities Measured on Recurring Basis	December 31, 2022 (In Thousands) Level I Level II Level III Total Assets: Small Business Administration loan pools $ — $ 843 $ — $ 843 Obligations of state and political subdivisions — 40,169 — 40,169 Mortgage backed securities in government-sponsored entities — 37,801 — 37,801 Total $ — $ 78,813 $ — $ 78,813 December 31, 2021 (In Thousands) Level I Level II Level III Total Assets: Small Business Administration loan pools $ — $ 1,084 $ — $ 1,084 Obligations of state and political subdivisions — 48,482 — 48,482 Mortgage backed securities in government-sponsored entities — 54,217 — 54,217 Total $ — $ 103,783 $ — $ 103,783
Summary of Financial Assets Measured at Fair Value on a Nonrecurring Basis	For financial assets measured at fair value on a nonrecurring basis, the fair value measurements by level within the fair value hierarchy used as of December 31, 2022 and 2021 are presented in the table below. December 31, 2022 (In Thousands) Level I Level II Level III Total Impaired loans $ — $ — $ 7,313 $ 7,313 December 31, 2021 (In Thousands) Level I Level II Level III Total Impaired loans $ — $ — $ 751 $ 751 Loans Held for Sale $ — $ — $ 3,860 $ 3,860
Summary of Information about Valuation Processes Used to Determine Nonrecurring Fair Value Measurements	The following tables provide information describing the valuation processes used to determine nonrecurring fair value measurements categorized within Level III of the fair value hierarchy: December 31, 2022 Quantitative Information About Level III Fair Value Measurements (In Thousands) Fair Value Valuation Unobservable Range (Weighted Impaired loans $ 7,313 Appraisal of (1 ) Liquidation 10 % December 31, 2021 Quantitative Information About Level III Fair Value Measurements (In Thousands) Fair Value Valuation Unobservable Range (Weighted Impaired loans $ 751 Appraisal of (1 ) Liquidation 10 % Loans Held for Sale $ 3,860 Appraisal of (1 ) Liquidation of collateral 15 % Fair value is generally determined through independent appraisals of the underlying collateral, which include various Level III inputs that are not identifiable.

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
Summary of Loans to Principal Officers, Directors, and Affiliates	Loans to principal officers, directors, and their affiliates during 2022 and 2021 were as follows: 2022 2021 Beginning balance $ 6,376 $ 325 New loans 407 1,305 Effect of changes in composition of related parties ( 4,654 ) 4,774 Net repayments in existing accounts ( 276 ) ( 28 ) Ending balance $ 1,853 $ 6,376

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Summary of Stock Options Activity	Stock options are either “incentive” stock options or “nonqualified” stock options. Incentive stock options have certain tax advantages and must comply with the requirements of Section 422 of the Internal Revenue Code. The 2019 Plan was frozen such that no new awards would be granted under the 2019 Plan following receipt of shareholder approval of the LINKBANCORP, Inc. 2022 Equity Incentive Plan described within this footnote. On May 26, 2022, the Company's shareholders approved the LINKBANCORP, Inc. 2022 Equity Incentive Plan (the "2022 Plan"). The 2022 Plan authorizes the issuance or delivery to participants of up to 475,000 shares of the Company's common stock pursuant to grants of restricted stock, restricted stock units, stock options, and non-qualified stock options. The 2022 Plan is administered by the members of LINKBANCORP’s Compensation Committee (the "Committee"). At least 95 % of the awards under the 2022 Plan will vest no earlier than one year after the grant date. The table below provides details of the Company's stock options at December 31, 2022. Number Weighted- Weighted- Aggregate Outstanding, December 31, 2021 421,500 $ 10.46 7.9 $ 780 Granted 94,500 9.00 9.3 33 Expired/terminated ( 14,000 ) 11.00 8.1 Exercised ( 12,000 ) 10.00 — Outstanding, December 31, 2022 490,000 $ 10.11 7.1 $ 33 Exercisable at period end 208,700 $ 10.15 6.5 $ —
Schedule of Valuation Assumptions of Stock Options	The Company determined the expected life of the stock options using a simplified method approach allowed for plain-vanilla share options. The risk-free interest rate is based on the U.S. treasury yield curve in effect as of the grant date. Expected volatility was determined using the calculated value method of an option pricing model that substitutes the historical volatility of an appropriate industry/sector index for the expected volatility. December 31, 2022 2021 Weighted average fair value of options granted $ 2.37 $ 1.13 Dividend yield 3.70 % 0.00 % Expected volatility 34.20 % 4.36 % Risk-free interest rate 3.81 % 0.08 % Expected life (in years) 6.2 7.0 Assumed forfeiture rate 8.00 % 8.00 %
Schedule of Additional Information Related to Stock Option	Additional information related to the stock option plan during each year follows: December 31, 2022 2021 Stock-based compensation expense recognized $ 80 $ 25 Number of unvested stock options 281,300 276,300 Fair value of unvested stock options $ 393 $ 210 Amount remaining to be recognized as expense $ 291 $ 218

Regulatory Capital Requiremen_2

Regulatory Capital Requirements (Tables)	12 Months Ended
	Dec. 31, 2022
Regulatory Capital Requirements Under Banking Regulations [Abstract]
Schedule of Bank Actual and Required Capital Amounts and Ratios	The following tables present actual and required capital ratios as of December 31, 2022 and 2021 under the Basel III Capital Rules. Capital levels required to be considered well capitalized are based upon prompt corrective action regulations: December 31, 2022 December 31, 2021 (In Thousands) Amount Ratio Amount Ratio Total capital (to risk-weighted assets) Actual $ 125,632 12.89 % $ 81,355 11.50 % For capital adequacy purposes 77,953 8.00 56,578 8.00 To be well capitalized 97,441 10.00 70,722 10.00 Tier 1 capital (to risk-weighted assets) Actual $ 120,912 12.41 % $ 77,904 11.02 % For capital adequacy purposes 58,465 6.00 42,433 6.00 To be well capitalized 77,953 8.00 56,578 8.00 Common equity (to risk-weighted assets) Actual $ 120,912 12.41 % $ 77,904 11.02 % For capital adequacy purposes 43,848 4.50 31,825 4.50 To be well capitalized 63,337 6.50 45,969 6.50 Tier 1 capital (to average assets) Actual $ 120,912 10.93 % $ 77,904 8.85 % For capital adequacy purposes 44,248 4.00 35,230 4.00 To be well capitalized 55,311 5.00 44,038 5.00

Financial Instruments With Of_2

Financial Instruments With Off-Balance Sheet Risk (Tables)	12 Months Ended
	Dec. 31, 2022
Financial Instruments With Off Balance Sheet Risk [Abstract]
Summary of Outstanding Contract Amounts of Off Balance Sheet Credit Risk Related Financial Instruments	At December 31, 2022 and 2021, the following financial instruments were outstanding whose contract amounts represent credit risk: (In Thousands) December 31, December 31, Unfunded commitments under lines of credit: Home equity loans $ 43,798 $ 17,774 Commercial real estate, construction, and land development 62,146 20,609 Commercial and industrial 125,205 100,440 Other — 6,244 Total $ 231,149 $ 145,067

Earning Per Share (Tables)

Earning Per Share (Tables)	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Summary of composition of earnings per share	The following table sets forth the composition of earnings per share: (In Thousands, except share and per share data) Year Ended December 31, 2022 2021 Net income (loss) $ 5,598 $ 289 Basic weighted average common shares outstanding 11,310,386 6,879,658 Net effect of dilutive stock options and warrants — 370,805 Diluted weighted average common shares outstanding 11,310,386 7,250,463 Net income (loss) per common share: Basic $ 0.49 $ 0.04 Diluted $ 0.49 $ 0.04
Schedule of Dilutive Securities Included in Computation of Earnings Per Share	The following is a summary of securities that could potentially dilute basic earnings per common share in future periods that were included in the computation of diluted earnings per common share for the years ended December 31, 2022 and 2021. Year Ended December 31, 2022 2021 Share-based compensation awards — 161,100 Warrants — 1,537,484 Total dilutive securities — 1,698,584
Schedule of Dilutive Securities Excluded in Computation of Earnings Per Share	The following is a summary of securities that could potentially dilute basic earnings per share in future periods that were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive for the periods presented. Year Ended December 31, 2022 2021 Share-based compensation awards 195,700 — Warrants 1,537,484 — Total anti-dilutive securities 1,733,184 —

Revenue Recognition (Tables)

Revenue Recognition (Tables)	12 Months Ended
	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Schedule of Noninterest Income	The following presents noninterest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for the years ended December 31, 2022 and 2021. For the Year Ended December 31, 2022 2021 Non-interest income in-scope of Topic 606 Service charges and activity fees on deposits $ 995 $ 733 Fees on loan related activity 191 227 Other 488 367 Non-interest income (in-scope of Topic 606) 1,674 1,327 Non-interest income (out-of-scope of Topic 606) 1,283 812 Total non-interest income $ 2,957 $ 2,139

Parent Company Only Condensed_2

Parent Company Only Condensed Financial Information (Tables)	12 Months Ended
	Dec. 31, 2022
Condensed Financial Information Disclosure [Abstract]
Schedule of Balance Sheets	Balance Sheets December 31, 2022 2021 (In thousands) ASSETS Noninterest-bearing cash equivalents $ 15,486 $ 276 Securities available for sale, at fair value — 517 Investment in subsidiaries 162,029 129,181 Other Assets 1,712 365 TOTAL ASSETS $ 179,227 $ 130,339 LIABILITIES AND SHAREHOLDERS' EQUITY Subordinated debt $ 40,484 $ 20,696 Other liabilities 190 20 Shareholders' equity 138,553 109,623 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 179,227 $ 130,339
Schedule of Condensed Statements of Operations and Comprehensive Income	Condensed Statements of Operations and Comprehensive Income Years Ended December 31, 2022 2021 (in thousands) Income: Interest income $ 11 $ 18 Dividend income from subsidiaries — 724 Expenses: Interest expense 1,501 249 Other noninterest expenses 564 794 Income before income tax ( 2,054 ) ( 301 ) Income tax benefit ( 407 ) ( 199 ) ( 1,647 ) ( 102 ) Equity in undistributed subsidiary income 7,245 391 Net income $ 5,598 $ 289 Comprehensive Loss $ ( 2,585 ) $ ( 1,125 )
Schedule of Condensed Statements of Cash Flows	Condensed Statements of Cash Flows Years Ended December 31, 2022 2021 (in thousands) OPERATING ACTIVITIES Net income $ 5,598 $ 289 Adjustments: Undistributed earnings of subsidiaries ( 7,245 ) ( 391 ) Amortization of premiums and discounts ( 212 ) — Other, net ( 1,171 ) ( 72 ) Net cash used in operating activities ( 3,030 ) ( 174 ) INVESTING ACTIVITIES Net cash acquired through merger and acquisition — 3,080 Investments in subsidiaries ( 35,000 ) ( 1,300 ) Cash dividends from subsidiaries 1,300 — Sales of securities 504 — Net cash (used in) provided by investing activities ( 33,196 ) 1,780 FINANCING ACTIVITIES Proceeds from issuance of common stock, net 34,650 — Proceeds from issuance of subordinated notes 20,000 — Issuance of shares from exercise of stock options 120 120 Dividends paid ( 3,334 ) ( 1,462 ) Net cash provided by (used in) financing activities 51,436 ( 1,342 ) Increase in cash and cash equivalents 15,210 264 Cash and cash equivalents at the beginning of the period 276 12 Cash and cash equivalents at the end of the period $ 15,486 $ 276

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands		1 Months Ended	12 Months Ended
	Jan. 01, 2023	Sep. 30, 2022	Dec. 31, 2022	Dec. 31, 2021	Sep. 17, 2018
Accounting Policies [Line Items]
Date of incorporation			Apr. 06, 2018
Restricted investments			$ 3,377	$ 2,685
Federal home loan bank stock par value per unit			$ 100	$ 100
Other real estate owned			$ 0	$ 0
Percentage of tax benefit to be realized for recognition in the income statement			50%
Core deposit intangible assets expected life			10 years
Advertising expenses			$ 370	171
Net proceeds from issuance of stock			34,650
Net proceeds from issuance of common stock			$ 34,650
IPO [Member]
Accounting Policies [Line Items]
Sale of common stock		5,101,205
Offering price per share		$ 7.50
Underwriting discounts and commissions		$ 2,487
Other offering expenses		1,114
Net proceeds from issuance of common stock		$ 34,650
Common Stock [Member]
Accounting Policies [Line Items]
Sale of common stock			5,101,205
Net proceeds from issuance of stock			$ 50
Furniture and Fixtures [Member] | Minimum [Member]
Accounting Policies [Line Items]
Estimated useful lives			3 years
Furniture and Fixtures [Member] | Maximum [Member]
Accounting Policies [Line Items]
Estimated useful lives			10 years
ASU 2016-13 [Member] | Minimum [Member] | Subsequent Event [Member]
Accounting Policies [Line Items]
Estimated increase in allowance for credit losses	$ 5,500
Unfunded commitments to allowance for credit losses	800
ASU 2016-13 [Member] | Maximum [Member] | Subsequent Event [Member]
Accounting Policies [Line Items]
Estimated increase in allowance for credit losses	7,500
Unfunded commitments to allowance for credit losses	$ 1,100
Non Voting Common Stock Warrants [Member]
Accounting Policies [Line Items]
Class of warrants or rights exercise price per share			$ 10
Class of warrants or rights term			10 years
Atlantic Community Bankers Bank (ACBB) [Member]
Accounting Policies [Line Items]
Restricted investments			$ 194	194
Federal Home Loan Bank (FHLB) [Member]
Accounting Policies [Line Items]
Restricted investments			$ 3,183	$ 2,491
Residential loans [Member]
Accounting Policies [Line Items]
Number of days past due for loans to be declared as deliquent			180 days
Consumer loans [Member]
Accounting Policies [Line Items]
Number of days past due for loans to be declared as deliquent			120 days
Stonebridge Bank [Member]
Accounting Policies [Line Items]
Business acquistion percentage of voting interests acquired					100%

Mergers and Acquisitions - Addi

Mergers and Acquisitions - Additional Information (Detail)	Sep. 18, 2021 USD ($) Facility $ / shares shares	Dec. 10, 2020 $ / shares	Feb. 22, 2023 $ / shares shares	Dec. 31, 2022 USD ($) $ / shares shares	Dec. 31, 2021 USD ($) $ / shares shares	Sep. 17, 2021 $ / shares
Business Acquisition [Line Items]
Total assets				$ 1,163,654,000	$ 932,763,000
Total deposits				$ 946,772,000	$ 771,665,000
Common Stock, Shares, Outstanding | shares	9,814,447			14,939,640	9,826,435
Par value per share | $ / shares				$ 0.01	$ 0.01
Reverse acquisition ownership percentage	50.62%
Partners Bancorp [Member]
Business Acquisition [Line Items]
Total assets				$ 1,570,000,000
Total loans				1,230,000,000
Total deposits				$ 1,340,000,000
Common Stock, Shares, Outstanding | shares				17,973,724
Partners Bancorp [Member] | Subsequent Event [Member]
Business Acquisition [Line Items]
Merger agreement date			Feb. 22, 2023
Par value per share | $ / shares			$ 0.01
Common shares issued for merger upon conversion | shares			1.150
GNB Financial Services Inc [Member]
Business Acquisition [Line Items]
Common Stock, Shares, Outstanding | shares	4,968,550
Merger completion date	Sep. 18, 2021
Percentage of merger	100%
Business acquisition oppurtunity to receive in cash per share | $ / shares		$ 87.68
Business acquisition,share price | $ / shares	$ 7.3064	$ 7.3064				$ 12.90
Business acquisition aggregate minimum percentage of acquiree common shres outstanding will be exchanged for acquirer common stock		80%
Merger effective date	Sep. 18, 2021
Business acquisition percentage of consideration received by shareholders in cash	14.865%
Business acquisition percentage of common shares received by shareholder for existing shares	85.135%
Number of shares of common stock issued | shares	4,845,897
Percentage of outstanding common shares post-merger	49.40%
Total fair value consideration	$ 71,473,000
Fair value of common stock issued	61,396,000
Cash consideration	10,077,000
Fair value of options and warrants	$ 7,400,000
Reverse acquisition ownership percentage	50.62%
Fair value of premium amortized over estimated life of investments	$ 96,000
Loans receivable with an unpaid principal balance	$ 425,000,000
Number of facility leases | Facility	4
Fair value adjustment of long term borrowings	$ 0
GNB Financial Services Inc [Member] | Common Stock [Member]
Business Acquisition [Line Items]
Fair value of common stock issued	$ 54,000,000

Mergers and Acquisitions - Summ

Mergers and Acquisitions - Summary of Fair Value of Consideration Paid (Detail) - USD ($) $ / shares in Units, $ in Thousands	Sep. 18, 2021	Dec. 31, 2022	Dec. 31, 2021	Sep. 17, 2021	Dec. 10, 2020
Business Acquisition [Line Items]
Common Stock, Shares, Outstanding	9,814,447	14,939,640	9,826,435
Pro forma common share % ownership	50.62%
Reverse acquisition ownership percentage	50.62%
GNB Financial Services Inc [Member]
Business Acquisition [Line Items]
Total GNBF common shares outstanding	779,000
GNBF shares outstanding exchanged for LINKBANCORP, Inc. common stock	663,240
GNBF shares outstanding exchanged for cash	115,760
Exchange Ratio	$ 7.3064			$ 12.90	$ 7.3064
LINKBANCORP, Inc. shares to be issued to GNBF shareholders	4,845,897
Common Stock, Shares, Outstanding	4,968,550
Pro forma common share % ownership	49.38%
Ownership % to be owned by current GNBF shareholders	49.38%
Hypothetical GNBF shares outstanding based on GNBF % ownership	1,343,267
Reverse acquisition ownership percentage	50.62%
Hypothetical GNBF shares to be issued as consideration	680,027
Fair value of GNBF shares (LINKBANCORP, Inc. fair value per share of $12.90 as of 9/17/2021 multiplied by the exchange rate)	$ 94.25
Purchase price assigned to hypothetical GNBF shares issued to LINKBANCORP, Inc. shareholders	$ 64,094
LINKBANCORP, Inc. options and warrants	1,962,484
Fair value per options and warrants	$ 3.76
Purchase price assigned to LINKBANCORP, Inc. options and warrants	$ 7,379
Total purchase price consideration	71,473
Cash consideration	10,077
Common Stock	$ 61,396

Mergers and Acquisitions - Su_2

Mergers and Acquisitions - Summary of Fair Value of Consideration Paid (Parenthetical) (Detail) - $ / shares	Sep. 18, 2021	Sep. 17, 2021	Dec. 10, 2020
GNB Financial Services Inc [Member]
Business Acquisition [Line Items]
Estimated closing price	$ 7.3064	$ 12.90	$ 7.3064

Mergers and Acquisitions - Allo

Mergers and Acquisitions - Allocation of Purchase Price for Merger (Detail) - USD ($) $ in Thousands	Sep. 18, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Calculated Fair Value of Liabilities Assumed
Operating Lease Liabilities		$ 10,219	$ 4,680
Goodwill From the Merger		$ 35,842	$ 35,842	$ 2,333
GNB Financial Services Inc [Member]
Business Acquisition [Line Items]
Total Consideration in the Merger	$ 71,473
Calculated Fair Value of Liabilities Assumed
Subordinated debt	(765)
Net Assets Acquired	37,965
Goodwill From the Merger	33,508
GNB Financial Services Inc [Member] | Subject to Change [Member]
Business Acquisition [Line Items]
Total Consideration in the Merger	71,473
Calculated Fair Value of Assets Acquired
Cash and cash equivalents	49,962
Securities available for sale	3,111
Loans	415,905
Premises and equipment	2,087
Right-of-use asset	4,544
Intangible assets	1,246
Investment in bank owned life insurance	4,784
Deferred taxes	3,675
Other assets	4,394
Total Assets Acquired	489,708
Calculated Fair Value of Liabilities Assumed
Deposits	391,160
Long term borrowings	33,034
Subordinated debt	20,740
Operating Lease Liabilities	4,544
Other liabilities	2,265
Total Liabilities Assumed	451,743
Net Assets Acquired	37,965
Goodwill From the Merger	$ 33,508

Mergers and Acquisitions - Su_3

Mergers and Acquisitions - Summary of Merger (Detail) - USD ($) $ in Thousands	Sep. 18, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Loans
Goodwill From the Merger		$ 35,842	$ 35,842	$ 2,333
GNB Financial Services Inc [Member]
Business Acquisition [Line Items]
Total Consideration in the Merger	$ 71,473
LINKBANCORP, Inc. shareholders' equity	43,124
LINKBANCORP, Inc. goodwill and intangibles	(1,353)
Loans
Interest rate	(1,521)
General credit	(6,346)
Credit adjustment for loans acquired with deteriorated credit quality	(1,243)
Remove existing deferred loan fees, net at acquisition	1,192
Remove the allowance for loan losses present at acquisition	4,953
Intangible assets	1,146
Other assets	(991)
Time deposits	(231)
Subordinated debt	(765)
Net Assets Acquired	37,965
Goodwill From the Merger	$ 33,508

Mergers and Acquisitions - Sche

Mergers and Acquisitions - Schedule of Fair Value Adjustments made to Amortized Cost Basis (Detail) $ in Thousands	Sep. 18, 2021 USD ($)
Business Acquisition [Line Items]
Unpaid principal balance at Merger	$ 425,015
Fair value of acquired loans	415,905
Pool of Homogeneous Loans [Member]
Business Acquisition [Line Items]
Interest rate fair value adjustment on pools of homogeneous loans	(1,520)
Credit fair value adjustments	(6,347)
Purchased Credit Impaired Loans [Member]
Business Acquisition [Line Items]
Credit fair value adjustments	$ (1,243)

Mergers and Acquisitions - Sc_2

Mergers and Acquisitions - Schedule of Acquired Purchased Credit Impaired Loans Receivable (Detail) - GNB Financial Services Inc [Member] $ in Thousands	Sep. 18, 2021 USD ($)
Business Acquisition [Line Items]
Contractual principal and interest at Merger	$ 8,509
Nonaccretable difference	(2,716)
Expected cash flows at Merger	5,793
Accretable yield	(409)
Fair value of purchased credit impaired loans	$ 5,384

Mergers and Acquisitions - Su_4

Mergers and Acquisitions - Summary of Proforma Information (Detail) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2021 USD ($) $ / shares
Business Acquisition, Pro Forma Information [Abstract]
Net interest income	$ 28,075
Non-interest income	2,551
Net income (loss)	$ 8,159
Basic earnings (loss) per common share | $ / shares	$ 0.83
Diluted earnings (loss) per common share | $ / shares	$ 0.80

Investment Securities - Summary

Investment Securities - Summary of Amortized Cost and Held-to-maturity, Gross Unrealized Gains and Losses, and Fair Value of Investment Securities Available for Sale (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Debt Securities Available For Sale Reconciliation Of Fair Value To Amortized Cost [Line Items]
Amortized Cost	$ 86,920	$ 101,453
Gross Unrealized Gains	14	2,787
Gross Unrealized Losses	(8,121)	(457)
Fair Value	78,813	103,783
Held-to-Maturity, Amortized Cost	31,822	0
Gross Unrecognized Gain	0
Gross Unrecognized Losses	(1,742)
Held-to-maturity, fair value	30,080	0
Small Business Administration Loan Pools [Member]
Debt Securities Available For Sale Reconciliation Of Fair Value To Amortized Cost [Line Items]
Amortized Cost	858	1,099
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(15)	(15)
Fair Value	843	1,084
Obligations of state and political subdivisions [Member]
Debt Securities Available For Sale Reconciliation Of Fair Value To Amortized Cost [Line Items]
Amortized Cost	44,189	46,115
Gross Unrealized Gains	14	2,405
Gross Unrealized Losses	(4,034)	(38)
Fair Value	40,169	48,482
Mortgage-backed securities in government-sponsored entities [Member]
Debt Securities Available For Sale Reconciliation Of Fair Value To Amortized Cost [Line Items]
Amortized Cost	41,873	54,239
Gross Unrealized Gains	0	382
Gross Unrealized Losses	(4,072)	(404)
Fair Value	37,801	$ 54,217
Corporate Debentures [Member]
Debt Securities Available For Sale Reconciliation Of Fair Value To Amortized Cost [Line Items]
Held-to-Maturity, Amortized Cost	14,993
Gross Unrecognized Gain	0
Gross Unrecognized Losses	(994)
Held-to-maturity, fair value	13,999
Structured Mortgage-backed Securities [Member]
Debt Securities Available For Sale Reconciliation Of Fair Value To Amortized Cost [Line Items]
Held-to-Maturity, Amortized Cost	16,829
Gross Unrecognized Gain	0
Gross Unrecognized Losses	(748)
Held-to-maturity, fair value	$ 16,081

Investment Securities - Summa_2

Investment Securities - Summary of Gross Unrealized Losses and Fair Value (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Available-for-sale Securities, Less than 12 Months, Fair Value	$ 53,222	$ 26,609
Available-for-sale Securities, Less than 12 Months, Unrealized Losses	(4,911)	(304)
Available-for-sale Securities, 12 Months or Longer, Fair Value	22,817	5,771
Available-for-sale Securities, 12 Months or Longer, Unrealized Losses	(3,210)	(117)
Available-for-sale Securities, Fair Value, Total	76,039	32,380
Available-for-sale Securities, Unrealized Losses, Total	(8,121)	(421)
Held-to-maturity Securities, Less than 12 Months, Fair Value	30,080
Held-to-maturity Securities, Less than 12 Months, Unrealized Losses	(1,742)
Held-to-maturity Securities, 12 Months or Longer, Fair Value	0
Held-to-maturity Securities, 12 Months or Longer, Unrealized Losses	0
Held-to-maturity Securities, Fair Value, Total	30,080
Held-to-maturity Securities, Unrealized Losses, Total	(1,742)
Small Business Administration Loan Pools [Member]
Debt Securities, Available-for-sale [Line Items]
Available-for-sale Securities, Less than 12 Months, Fair Value	334	0
Available-for-sale Securities, Less than 12 Months, Unrealized Losses	(1)	0
Available-for-sale Securities, 12 Months or Longer, Fair Value	509	1,084
Available-for-sale Securities, 12 Months or Longer, Unrealized Losses	(14)	(15)
Available-for-sale Securities, Fair Value, Total	843	1,084
Available-for-sale Securities, Unrealized Losses, Total	(15)	(15)
Obligations of state and political subdivisions [Member]
Debt Securities, Available-for-sale [Line Items]
Available-for-sale Securities, Less than 12 Months, Fair Value	34,836	3,189
Available-for-sale Securities, Less than 12 Months, Unrealized Losses	(3,372)	(38)
Available-for-sale Securities, 12 Months or Longer, Fair Value	2,559	0
Available-for-sale Securities, 12 Months or Longer, Unrealized Losses	(662)	0
Available-for-sale Securities, Fair Value, Total	37,395	3,189
Available-for-sale Securities, Unrealized Losses, Total	(4,034)	(38)
Mortgage-backed securities in government-sponsored entities [Member]
Debt Securities, Available-for-sale [Line Items]
Available-for-sale Securities, Less than 12 Months, Fair Value	18,052	23,420
Available-for-sale Securities, Less than 12 Months, Unrealized Losses	(1,538)	(266)
Available-for-sale Securities, 12 Months or Longer, Fair Value	19,749	4,687
Available-for-sale Securities, 12 Months or Longer, Unrealized Losses	(2,534)	(102)
Available-for-sale Securities, Fair Value, Total	37,801	28,107
Available-for-sale Securities, Unrealized Losses, Total	(4,072)	$ (368)
Corporate Debentures [Member]
Debt Securities, Available-for-sale [Line Items]
Held-to-maturity Securities, Less than 12 Months, Fair Value	13,999
Held-to-maturity Securities, Less than 12 Months, Unrealized Losses	(994)
Held-to-maturity Securities, 12 Months or Longer, Fair Value	0
Held-to-maturity Securities, 12 Months or Longer, Unrealized Losses	0
Held-to-maturity Securities, Fair Value, Total	13,999
Held-to-maturity Securities, Unrealized Losses, Total	(994)
Structured Mortgage-backed Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Held-to-maturity Securities, Less than 12 Months, Fair Value	16,081
Held-to-maturity Securities, Less than 12 Months, Unrealized Losses	(748)
Held-to-maturity Securities, 12 Months or Longer, Fair Value	0
Held-to-maturity Securities, 12 Months or Longer, Unrealized Losses	0
Held-to-maturity Securities, Fair Value, Total	16,081
Held-to-maturity Securities, Unrealized Losses, Total	$ (748)

Investment Securities - Additio

Investment Securities - Additional Information (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) Security Securities	Dec. 31, 2021 USD ($) Security Securities
Debt Securities, Available-for-Sale [Line Items]
Number of debt securities with unrealized losses | Securities	175	41
Held to maturity debt securities | Security	10	0
Pledged debt securities with a carrying value	$ 47,418	$ 45,300
Investment in subordinated notes	78,813	103,783
Loss incurred on sale of investment	13	$ 74
Subordinated Notes | Corporate Debentures [Member]
Debt Securities, Available-for-Sale [Line Items]
Investment in subordinated notes	3,000
Loss incurred on sale of investment	$ 2,445

Investment Securities - Summa_3

Investment Securities - Summary of Amortized Cost and Fair Value by Contractual Maturity (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]
Amortized Cost, 1 year or less	$ 314
Amortized Cost, Due after one year through five years	6,480
Amortized Cost, Due after five years through ten years	12,701
Amortized Cost, Due after ten years	25,552
Amortized Cost, Mortgage-backed securities and Collateralized Mortgage Obligations	41,873
Amortized Cost	86,920	$ 101,453
Fair Value, 1 year or less	314
Fair Value, Due after one year through five years	6,340
Fair Value, Due after five years through ten years	11,949
Fair Value, Due after ten years	22,408
Fair Value, Mortgage-backed securities and Collateralized Mortgage Obligations	37,802
Fair Value	78,813	103,783
Held to Maturity Securities Amortized Cost, Due after one year through five years	3,000
Held to Maturity Securities Amortized Cost, Due after five years through ten years	11,993
Mortgage-backed securities and Collateralized mortgage obligations	16,829
Held-to-Maturity, Amortized Cost	31,822	0
Held to Maturity Securities Fair Value, Due after one year through five years	2,888
Held to Maturity Securities Fair Value, Due after five years through ten years	11,111
Mortgage-backed securities and Collateralized mortgage obligations	16,081
Held-to-maturity, Fair Value	$ 30,080	$ 0

Investment Securities - Summa_4

Investment Securities - Summary of Sales of Debt Securities (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Debt Securities, Available-for-Sale [Abstract]
Proceeds	$ 513	$ 11,371
Gross gains	13	127
Gross losses		(53)
Net gain	$ 13	$ 74

Certificates of Deposit with _3

Certificates of Deposit with Other Banks - Summary of Contractual Maturity of Certificate of Deposit (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Certificates of Deposit with Other Banks [Abstract]
Due in one year or less	$ 3,382	$ 7,205
Due after one year through five years	2,241	5,623
Certificates of deposit with other banks	$ 5,623	$ 12,828

Loans Receivable - Summary of P

Loans Receivable - Summary of Portfolio Segments and Classes of Loans (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	$ 927,615	$ 715,039
Deferred costs (fees)	256	(223)
Allowance for loan losses	(4,666)	(3,152)	$ (2,789)
Total	923,205	711,664
Paycheck Protection Program ("PPP") Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	881	23,774
Agriculture Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	15,591	9,341
Commercial Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	103,874	98,604
Commercial Real Estate Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	540,914	338,749
Residential Real Estate Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	250,832	231,302
Consumer and Other Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	10,057	7,087
Municipal Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	$ 5,466	$ 6,182

Loans Receivable - Additional I

Loans Receivable - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	$ 927,615	$ 715,039
Residential Mortgage Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	$ 47,356	$ 51,101

Allowances for Loan Losses - Su

Allowances for Loan Losses - Summary of Allowances for Loan Losses by Loan Class (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Loans and Leases Receivable Disclosure [Line Items]
Beginning balance	$ 3,152	$ 2,789
Charge-offs	(7)	(339)
Recoveries	231	54
Provision	1,290	648
Ending balance	4,666	3,152
Agriculture Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Beginning balance	23	120
Charge-offs	0	0
Recoveries	0	0
Provision	10	(97)
Ending balance	33	23
Commercial and PPP Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Beginning balance	582	290
Charge-offs	(1)	(24)
Recoveries	32	22
Provision	(30)	294
Ending balance	583	582
Commercial Real Estate Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Beginning balance	799	314
Charge-offs	0	(18)
Recoveries	0	0
Provision	1,663	503
Ending balance	2,462	799
Residential Real Estate Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Beginning balance	1,634	1,702
Charge-offs	(3)	(297)
Recoveries	197	32
Provision	(292)	197
Ending balance	1,536	1,634
Consumer Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Beginning balance	22	35
Charge-offs	(3)	0
Recoveries	2	0
Provision	19	(13)
Ending balance	40	22
Municipal Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Beginning balance	15	18
Charge-offs	0	0
Recoveries	0	0
Provision	(3)	(3)
Ending balance	12	15
Unallocated [Member]
Loans and Leases Receivable Disclosure [Line Items]
Beginning balance	77	310
Charge-offs	0	0
Recoveries	0	0
Provision	(77)	(233)
Ending balance	$ 0	$ 77

Allowances for Loan Losses - _2

Allowances for Loan Losses - Summary of Balance of Loans Individually Evaluated vs. Collectively Evaluated for Impairment (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Loans and Leases Receivable Disclosure [Line Items]
Allowance for Loan Losses, Ending balance	$ 4,666	$ 3,152	$ 2,789
Allowance for Loan Losses, Ending balance: individually evaluated for impairment	20	0
Allowance for Loan Losses, Ending balance: collectively evaluated for impairment	4,646	3,152
Loans, Ending balance	927,615	715,039
Loans, Ending balance: individually evaluated for impairment	7,313	751
Ending balance: loans acquired with deteriorated credit quality	2,409	5,556
Loans, Ending balance: collectively evaluated for impairment	917,893	708,732
Agriculture Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Allowance for Loan Losses, Ending balance	33	23	120
Allowance for Loan Losses, Ending balance: individually evaluated for impairment	0	0
Allowance for Loan Losses, Ending balance: collectively evaluated for impairment	33	23
Loans, Ending balance	15,591	9,341
Loans, Ending balance: individually evaluated for impairment	300	0
Ending balance: loans acquired with deteriorated credit quality	0	0
Loans, Ending balance: collectively evaluated for impairment	15,291	9,341
Commercial and PPP Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Allowance for Loan Losses, Ending balance	583	582	290
Allowance for Loan Losses, Ending balance: individually evaluated for impairment	20	0
Allowance for Loan Losses, Ending balance: collectively evaluated for impairment	563	582
Loans, Ending balance	104,755	122,378
Loans, Ending balance: individually evaluated for impairment	55	42
Ending balance: loans acquired with deteriorated credit quality	0	512
Loans, Ending balance: collectively evaluated for impairment	104,700	121,824
Commercial Real Estate Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Allowance for Loan Losses, Ending balance	2,462	799	314
Allowance for Loan Losses, Ending balance: individually evaluated for impairment	0	0
Allowance for Loan Losses, Ending balance: collectively evaluated for impairment	2,462	799
Loans, Ending balance	540,914	338,749
Loans, Ending balance: individually evaluated for impairment	2,306	0
Ending balance: loans acquired with deteriorated credit quality	2,227	4,394
Loans, Ending balance: collectively evaluated for impairment	536,381	334,355
Residential Real Estate Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Allowance for Loan Losses, Ending balance	1,536	1,634	1,702
Allowance for Loan Losses, Ending balance: individually evaluated for impairment	0	0
Allowance for Loan Losses, Ending balance: collectively evaluated for impairment	1,536	1,634
Loans, Ending balance	250,832	231,302
Loans, Ending balance: individually evaluated for impairment	4,652	709
Ending balance: loans acquired with deteriorated credit quality	182	650
Loans, Ending balance: collectively evaluated for impairment	245,998	229,943
Consumer Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Allowance for Loan Losses, Ending balance	40	22	35
Allowance for Loan Losses, Ending balance: individually evaluated for impairment	0	0
Allowance for Loan Losses, Ending balance: collectively evaluated for impairment	40	22
Loans, Ending balance	10,057	7,087
Loans, Ending balance: individually evaluated for impairment	0	0
Ending balance: loans acquired with deteriorated credit quality	0	0
Loans, Ending balance: collectively evaluated for impairment	10,057	7,087
Municipal Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Allowance for Loan Losses, Ending balance	12	15	18
Allowance for Loan Losses, Ending balance: individually evaluated for impairment	0	0
Allowance for Loan Losses, Ending balance: collectively evaluated for impairment	12	15
Loans, Ending balance	5,466	6,182
Loans, Ending balance: individually evaluated for impairment	0	0
Ending balance: loans acquired with deteriorated credit quality		0
Loans, Ending balance: collectively evaluated for impairment	5,466	6,182
Unallocated [Member]
Loans and Leases Receivable Disclosure [Line Items]
Allowance for Loan Losses, Ending balance	0	77	$ 310
Allowance for Loan Losses, Ending balance: individually evaluated for impairment	0	0
Allowance for Loan Losses, Ending balance: collectively evaluated for impairment	$ 0	$ 77

Allowance for Loan Losses - Sum

Allowance for Loan Losses - Summary of Activity for Accretable Yield of Purchased Credit-impaired Loan (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Allowance for Credit Loss [Abstract]
Accretable yield, beginning of period	$ 307
Additions		$ 409
Accretion of income	(151)	(102)
Other changes, net	$ (156)
Accretable yield, end of period		$ 307

Allowances for Loan Losses - _3

Allowances for Loan Losses - Summary of Classes of the Loan Portfolio Summarized by the Internal Risk Rating System (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	$ 927,615	$ 715,039
Agriculture Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	15,591	9,341
Commercial and PPP Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	104,755	122,378
Commercial Real Estate Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	540,914	338,749
Residential Real Estate Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	250,832	231,302
Consumer Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	10,057	7,087
Municipal Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	5,466	6,182
Pass [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	912,686	701,348
Pass [Member] | Agriculture Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	15,291	9,341
Pass [Member] | Commercial and PPP Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	101,980	117,918
Pass [Member] | Commercial Real Estate Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	533,864	332,156
Pass [Member] | Residential Real Estate Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	246,028	228,664
Pass [Member] | Consumer Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	10,057	7,087
Pass [Member] | Municipal Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	5,466	6,182
Special Mention [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	5,444	7,491
Special Mention [Member] | Agriculture Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	0	0
Special Mention [Member] | Commercial and PPP Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	2,721	3,757
Special Mention [Member] | Commercial Real Estate Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	2,516	2,077
Special Mention [Member] | Residential Real Estate Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	207	1,657
Special Mention [Member] | Consumer Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	0	0
Special Mention [Member] | Municipal Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	0	0
Substandard [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	9,485	6,200
Substandard [Member] | Agriculture Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	300	0
Substandard [Member] | Commercial and PPP Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	54	703
Substandard [Member] | Commercial Real Estate Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	4,534	4,516
Substandard [Member] | Residential Real Estate Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	4,597	981
Substandard [Member] | Consumer Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	0	0
Substandard [Member] | Municipal Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	0	0
Doubtful [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	0	0
Doubtful [Member] | Agriculture Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	0	0
Doubtful [Member] | Commercial and PPP Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	0	0
Doubtful [Member] | Commercial Real Estate Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	0	0
Doubtful [Member] | Residential Real Estate Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	0	0
Doubtful [Member] | Consumer Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	0	0
Doubtful [Member] | Municipal Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable, Gross	$ 0	$ 0

Allowances for Loan Losses - _4

Allowances for Loan Losses - Summary of Aging Analysis of the Recorded Investment of Past-Due Loans (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Past Due [Line Items]
Purchased Credit Impaired Loans	$ 2,409	$ 5,556
Loans receivable	927,615	715,039
Total > 90 Days and Accruing	743	762
Agriculture Loans [Member]
Financing Receivable, Past Due [Line Items]
Purchased Credit Impaired Loans	0	0
Loans receivable	15,591	9,341
Total > 90 Days and Accruing	149	0
Commercial and PPP Loans [Member]
Financing Receivable, Past Due [Line Items]
Purchased Credit Impaired Loans	0	512
Loans receivable	104,755	122,378
Total > 90 Days and Accruing	54	0
Commercial Real Estate Loans [Member]
Financing Receivable, Past Due [Line Items]
Purchased Credit Impaired Loans	2,227	4,394
Loans receivable	540,914	338,749
Total > 90 Days and Accruing	0	0
Residential Real Estate Loans [Member]
Financing Receivable, Past Due [Line Items]
Purchased Credit Impaired Loans	182	650
Loans receivable	250,832	231,302
Total > 90 Days and Accruing	540	762
Consumer Loans [Member]
Financing Receivable, Past Due [Line Items]
Purchased Credit Impaired Loans	0	0
Loans receivable	10,057	7,087
Total > 90 Days and Accruing	0	0
Municipal Loans [Member]
Financing Receivable, Past Due [Line Items]
Purchased Credit Impaired Loans	0	0
Loans receivable	5,466	6,182
Total > 90 Days and Accruing	0	0
30-59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	3,895	1,852
30-59 Days Past Due [Member] | Agriculture Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	193	83
30-59 Days Past Due [Member] | Commercial and PPP Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	111	66
30-59 Days Past Due [Member] | Commercial Real Estate Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	863	245
30-59 Days Past Due [Member] | Residential Real Estate Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	2,474	1,427
30-59 Days Past Due [Member] | Consumer Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	254	31
30-59 Days Past Due [Member] | Municipal Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	0	0
60-89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	352	213
60-89 Days Past Due [Member] | Agriculture Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	48	0
60-89 Days Past Due [Member] | Commercial and PPP Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	21	0
60-89 Days Past Due [Member] | Commercial Real Estate Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	88	0
60-89 Days Past Due [Member] | Residential Real Estate Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	137	211
60-89 Days Past Due [Member] | Consumer Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	58	2
60-89 Days Past Due [Member] | Municipal Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	0	0
90 Days or Greater Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	1,569	869
90 Days or Greater Past Due [Member] | Agriculture Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	149	0
90 Days or Greater Past Due [Member] | Commercial and PPP Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	54	0
90 Days or Greater Past Due [Member] | Commercial Real Estate Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	190	0
90 Days or Greater Past Due [Member] | Residential Real Estate Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	1,176	869
90 Days or Greater Past Due [Member] | Consumer Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	0	0
90 Days or Greater Past Due [Member] | Municipal Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	0	0
Total Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	5,816	2,934
Total Past Due [Member] | Agriculture Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	390	83
Total Past Due [Member] | Commercial and PPP Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	186	66
Total Past Due [Member] | Commercial Real Estate Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	1,141	245
Total Past Due [Member] | Residential Real Estate Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	3,787	2,507
Total Past Due [Member] | Consumer Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	312	33
Total Past Due [Member] | Municipal Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	0	0
Current [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	919,390	706,549
Current [Member] | Agriculture Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	15,201	9,258
Current [Member] | Commercial and PPP Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	104,569	121,800
Current [Member] | Commercial Real Estate Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	537,546	334,110
Current [Member] | Residential Real Estate Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	246,863	228,145
Current [Member] | Consumer Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	9,745	7,054
Current [Member] | Municipal Loans [Member]
Financing Receivable, Past Due [Line Items]
Loans, Gross	$ 5,466	$ 6,182

Allowances for Loan Losses - _5

Allowances for Loan Losses - Summary of Impaired Loans (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Impaired [Line Items]
With an allowance recorded, Recorded Investment		$ 0
With an allowance recorded, Unpaid Principal Balance		0
With an allowance recorded, Related Allowance	$ 20	0
Total, Recorded Investment	7,313	751
Total, Unpaid Principal Balance	7,370	840
Total, Related Allowance	20	0
With no related allowance recorded, Average Recorded Investment	7,376	759
With no related allowance recorded, Interest Recognized	293	20
With an allowance recorded, Average Recorded Investment	23	0
With an allowance recorded, Interest Recognized	1	0
Total, Average Recorded Investment	7,399	759
Total, Interest Recognized	294	20
Agriculture Loans [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	300
With no related allowance recorded, Unpaid Principal Balance	300	0
With an allowance recorded, Recorded Investment	0	0
With an allowance recorded, Unpaid Principal Balance	0	0
With an allowance recorded, Related Allowance	0	0
Total, Recorded Investment	300	0
Total, Unpaid Principal Balance	300	0
Total, Related Allowance	0	0
With no related allowance recorded, Average Recorded Investment	200	0
With no related allowance recorded, Interest Recognized	9	0
With an allowance recorded, Average Recorded Investment	0	0
With an allowance recorded, Interest Recognized	0	0
Commercial Loans [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	35
With no related allowance recorded, Unpaid Principal Balance	55	61
With an allowance recorded, Recorded Investment	20	0
With an allowance recorded, Unpaid Principal Balance	20	0
With an allowance recorded, Related Allowance	20	0
Total, Recorded Investment	55	42
Total, Unpaid Principal Balance	75	61
Total, Related Allowance	20	0
With no related allowance recorded, Average Recorded Investment	39	42
With no related allowance recorded, Interest Recognized	0	0
With an allowance recorded, Average Recorded Investment	23	0
With an allowance recorded, Interest Recognized	1	0
Commercial Real Estate Loans [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	2,306
With no related allowance recorded, Unpaid Principal Balance	2,312	0
With an allowance recorded, Recorded Investment	0	0
With an allowance recorded, Unpaid Principal Balance	0	0
With an allowance recorded, Related Allowance	0	0
Total, Recorded Investment	2,306	0
Total, Unpaid Principal Balance	2,312	0
Total, Related Allowance	0	0
With no related allowance recorded, Average Recorded Investment	2,365	0
With no related allowance recorded, Interest Recognized	125	0
With an allowance recorded, Average Recorded Investment	0	0
With an allowance recorded, Interest Recognized	0	0
Residential Real Estate Loans [Member]
Financing Receivable, Impaired [Line Items]
With an allowance recorded, Recorded Investment	0	0
With an allowance recorded, Unpaid Principal Balance	0	0
With an allowance recorded, Related Allowance	0	0
Total, Recorded Investment	4,652	709
Total, Unpaid Principal Balance	4,683	779
Total, Related Allowance	0	0
With no related allowance recorded, Average Recorded Investment	4,772	759
With no related allowance recorded, Interest Recognized	159	20
With an allowance recorded, Average Recorded Investment	0	0
With an allowance recorded, Interest Recognized	0	0
Consumer Loans [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Unpaid Principal Balance	0	0
With an allowance recorded, Recorded Investment	0	0
With an allowance recorded, Unpaid Principal Balance	0	0
With an allowance recorded, Related Allowance	0	0
Total, Recorded Investment	0	0
Total, Unpaid Principal Balance	0	0
Total, Related Allowance	0	0
With no related allowance recorded, Average Recorded Investment	0	0
With no related allowance recorded, Interest Recognized	0	0
With an allowance recorded, Average Recorded Investment	0	0
With an allowance recorded, Interest Recognized	0	0
Municipal Loans [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Unpaid Principal Balance	0	0
With an allowance recorded, Recorded Investment	0	0
With an allowance recorded, Unpaid Principal Balance	0	0
With an allowance recorded, Related Allowance	0	0
Total, Recorded Investment	0	0
Total, Unpaid Principal Balance	0	0
Total, Related Allowance	0	0
With no related allowance recorded, Average Recorded Investment	0	0
With no related allowance recorded, Interest Recognized	0	0
With an allowance recorded, Average Recorded Investment	0	0
With an allowance recorded, Interest Recognized	$ 0	$ 0

Allowances for Loan Losses - _6

Allowances for Loan Losses - Summary of Portfolio of Nonaccrual Loans (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, nonaccrual	$ 1,918	$ 634
Commercial and PPP Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, nonaccrual	35	39
Commercial Real Estate Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, nonaccrual	231	144
Residential Real Estate Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, nonaccrual	1,652	449
Consumer Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Financing receivable, nonaccrual	$ 0	$ 2

Allowances for Loan Losses - Ad

Allowances for Loan Losses - Additional Information (Detail) $ in Thousands	10 Months Ended	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2022 USD ($) Loans	Dec. 31, 2020	Dec. 31, 2021 USD ($)
Loans and Leases Receivable Disclosure [Line Items]
Unpaid principal balance		$ 7,370		$ 840
Purchased loans acquired with deteriorated credit quality		2,409		5,556
Purchased Credit Impaired Loans		2,409		5,556
Remaining unamortized accretable discount		0
Non accrual loans recorded investment		1,918		634
Loans receivable		927,615		715,039
Federal Home Loan Bank (FHLB) [Member]
Loans and Leases Receivable Disclosure [Line Items]
Borrowings secured by loans pledged to FHLB		0		1,120
Real Estate Commercial Loans And Construction And Development [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans receivable		540,914
Additional loans and leases receivable carrying amount		$ 139,555
Loan portfolio percentage		58.30%
Purchased Credit Impaired Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Unpaid principal balance		$ 6,627
Purchased loans acquired with deteriorated credit quality		2,409
Estimated fair value of loans		5,384
Contractual principal and interest at Merger		8,509
Preliminary estimate of expected cash flows		5,793
Established credit risk related non-accretable discount		2,716
Accretable discount		409
Purchased Credit Impaired Loans		$ 2,409		$ 5,556
Covid -19 [Member] | Small Business Administration (SBA) [Member]
Loans and Leases Receivable Disclosure [Line Items]
Maximum overdue period for a loan modification not to be classfied as troubled debt restructuring			30 days
Maximum period within which the loan must have been executed from the date of declaration of national emergency	60 days
Number of loans deferred | Loans		0

Property, Plant and Equipment -

Property, Plant and Equipment -Summary of Year-end Premises and Equipment (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment
Property, Plant and Equipment, Gross	$ 11,999	$ 8,759
Accumulated Depreciation	(5,256)	(3,470)
Total	6,743	5,289
Land
Property, Plant and Equipment
Property, Plant and Equipment, Gross	689	689
Buildings and Improvements
Property, Plant and Equipment
Property, Plant and Equipment, Gross	4,170	4,190
Furniture, Fixtures, and Equipment
Property, Plant and Equipment
Property, Plant and Equipment, Gross	4,651	2,939
Leasehold Improvements
Property, Plant and Equipment
Property, Plant and Equipment, Gross	$ 2,489	$ 941

Property, Plant and Equipment_2

Property, Plant and Equipment - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 850	$ 355

Lease Commitments - Summary of

Lease Commitments - Summary of Information Associated with Obligations Under Leases (Detail)	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Weighted-average remaining term (years)	11 years	12 years 10 months 24 days
Weighted-average discount rate	5.10%	4.90%

Lease Commitments - Additional

Lease Commitments - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Lessee, Lease, Description [Line Items]
Lease expense	$ 805	$ 206
Lease Agreement [Member] | Administration and Operating Facility [Member]
Lessee, Lease, Description [Line Items]
Lease expiration date description	2039

Lease Commitments - Summary o_2

Lease Commitments - Summary of Lessee, Operating Lease, Liability, Maturity (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Lessee, Operating Lease, Liability, to be Paid [Abstract]
2023	$ 1,167
2024	1,179
2025	1,170
2026	1,205
2027 and thereafter	8,897
Total Undiscounted Cash Flows	13,618
Discount on Cash Flows	(3,399)
Total lease liabilities	$ 10,219	$ 4,680

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Schedule of Change in Goodwill (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Goodwill [Line Items]
Beginning of year	$ 35,842	$ 2,333
Acquired Goodwill	0	33,509
Impairment	0	0
End of year	$ 35,842	$ 35,842

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Schedule of Acquired Intangible Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 1,914	$ 1,914
Accumulated Amortization	862	604
Core Deposit Intangibles
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	1,566	1,566
Accumulated Amortization	787	589
Trade Name Intangibles
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	348	348
Accumulated Amortization	$ 75	$ 15

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Aggregate amortization expense	$ 258	$ 125

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Schedule of Expected Aggregate Annual Amortization Expense (Detail) $ in Thousands	Dec. 31, 2022 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2023	$ 233
2024	208
2025	181
2026	162
2027	129
2028 and thereafter	139
Total	$ 1,052

Deposits - Summary of Deposit A

Deposits - Summary of Deposit Accounts (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Deposits [Abstract]
Demand, noninterest-bearing	$ 192,773	$ 129,243
Demand, interest-bearing	254,478	256,258
Money market and savings	228,048	205,843
Time deposits, $250,000 and over	45,616	56,266
Time deposits, other	225,857	124,055
Total deposits	$ 946,772	$ 771,665
Demand, noninterest-bearing	20.36%	16.75%
Demand, interest-bearing	26.88%	33.21%
Money market and savings	24.09%	26.68%
Time deposits, $250,000 and over	4.82%	7.29%
Time deposits, other	23.86%	16.08%
Total deposits	100%	100%

Deposits - Summary of Deposit_2

Deposits - Summary of Deposit Accounts (Parenthetical) (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Deposits [Abstract]
Cash, FDIC insured amount	$ 250	$ 250

Deposits - Summary of Scheduled

Deposits - Summary of Scheduled Maturities of Time Deposits (Detail) $ in Thousands	Dec. 31, 2022 USD ($)
Maturities of Time Deposits [Abstract]
One year or less	$ 206,176
More than one year to two years	51,327
More than two years to three years	7,879
More than three years to four years	3,952
More than four years to five years	1,100
More than five years	1,039
Total	$ 271,473

Deposits - Additional Informati

Deposits - Additional Information (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Deposits [Abstract]
Brokered deposits	$ 70,000	$ 0

Borrowings and Subordinated D_3

Borrowings and Subordinated Debentures - Other Borrowings and Subordinated Debt (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Debt Disclosure [Abstract]
Subordinated Debt	$ 40,484	$ 20,696
Federal Reserve PPPLF		19,814
Short-term borrowings	20,938
Total	$ 61,422	$ 40,510

Borrowings and Subordinated D_4

Borrowings and Subordinated Debentures - Additional Information (Detail) - USD ($) $ in Thousands		12 Months Ended
	Apr. 08, 2022	Dec. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Proceeds from unsecured lines of credit		$ 51,000
Remaining available capacity with FHLB		301,400
Short-term FHLB advances		20,900	$ 0
Borrowings under line of credit		$ 0	$ 0
Subordinated Notes Sale - 2022 [Member]
Debt Instrument [Line Items]
Debt Instrument, principal amount	$ 20,000
Subordinated borrowing due date		Apr. 15, 2032
Subordinated borrowing interest rate	4.50%
Proceeds from contributed capital		$ 15,000
Long-term debt, fixed interest percentage rate		4.50%
Subordinated borrowing interest rate basis		The Notes, which mature on April 15, 2032, bear interest at a fixed annual rate of 4.50% for the period up to but excluding April 15, 2027 (the "Fixed Interest Rate Period"). From April 15, 2027 until maturity or redemption (the "Floating Interest Rate Period"), the interest rate will adjust to a floating rate equal to a benchmark rate, which is expected to be the then-current three-month Secured Overnight Financing Rate (SOFR), plus 203 basis points. The Company will pay interest in arrears semi-annually during the Fixed Interest Rate Period and quarterly during the Floating Interest Rate Period.
Subordinated Notes Sale - 2022 [Member] | Secured Overnight Financing Rate (SOFR) [Member]
Debt Instrument [Line Items]
Basis points spread		203%
Subordinated Notes Sale - 2022 [Member] | Board of Directors [Member]
Debt Instrument [Line Items]
Debt Instrument, principal amount	$ 7,000
Subordinated Notes - Merger [Member]
Debt Instrument [Line Items]
Debt Instrument, principal amount		$ 20,000
Subordinated borrowing due date		Oct. 01, 2030
Subordinated borrowing interest rate		5%
Subordinated borrowing interest rate basis		The notes (the "Merger Subordinated Notes") mature October 1, 2030 and will initially bear interest at a fixed rate of 5.0% until October 1, 2025. From October 1, 2025 to the stated maturity date or early redemption date, the interest rate will reset semi-annually to an annual floating rate equal to the then-current three-month term Secured Overnight Financing Rate (SOFR) plus a spread of 475 basis points, but no less than 5.0%.
Subordinated Notes - Merger [Member] | Minimum [Member]
Debt Instrument [Line Items]
Subordinated borrowing interest rate		5%
Subordinated Notes - Merger [Member] | Secured Overnight Financing Rate (SOFR) [Member]
Debt Instrument [Line Items]
Basis points spread		475%

Employee Benefits - Additional

Employee Benefits - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended	12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021	Oct. 01, 2021
Defined Benefit Plan Disclosure [Line Items]
Deferred compensation plan accumulated liability	$ 1,240		$ 1,216	$ 1,240
Deferred compensation cost noninterest expense			128	57
Deferred compensation plans benefit payments			121	119
401(k) Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of employee contribution match to vested					50%
Employee's contribution, percentage	6%
Contribution expense			$ 278	$ 65
Defined Contribution Plan, Description			Effective October 1, 2021, the Company matches 50 percent of the first 6 percent of the employee's contribution, and this match is immediately vested.
401(k) Plan [Member] | W-2 Wages [Member]
Defined Benefit Plan Disclosure [Line Items]
Non elective contribution percentage		4%		3%
Discretionary contribution Percentage				6%
Supplemental Executive Retirement Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Contribution expense			$ 469	$ 206
Deferred compensation plan accumulated liability	$ 953		$ 1,650	$ 953

Income Taxes - Schedule of Prov

Income Taxes - Schedule of Provision for Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Current tax expense (benefit)	$ 38	$ (265)
Deferred tax expense	1,184	76
Total	$ 1,222	$ (189)

Income Taxes - Schedule of Sign

Income Taxes - Schedule of Significant Portions of Deferred Tax Assets and Deferred Tax Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Deferred tax assets:
Allowance for loan losses	$ 970	$ 706
Deferred compensation	602	295
Net fair value adjustment on acquired net assets	1,250	1,700
Net unrealized loss on debt securities	1,703	0
Net operating loss carryforwards	1,740	2,263
Other	379	8
Total deferred tax assets	6,644	4,972
Deferred tax liabilities:
Premises and equipment	(1,025)	(350)
Net unrealized gain on debt securities	0	(491)
Mortgage servicing rights	0	(93)
Total deferred tax liabilities	(1,025)	(934)
Net deferred tax asset	$ 5,619	$ 4,038

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Net operating loss carryforward	$ 8,288,000
Operating loss carryforwards, valuation allowance	0
Adjustment for uncertain tax positions or unrecognized income tax benefits	0	$ 0
Unrecognized tax benefits, income tax interest and penalties	0	$ 0
Net operating loss carryforward subject to expiration	$ 450,000
Net operating loss carryforward, expiration year	2030
Net operating loss carryforward not subject to expiration	$ 7,838,000

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Effective Income Tax Rate (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Income Tax Expense (Benefit), Effective Income Tax Rate Reconciliation, Amount [Abstract]
Provision at statutory rate	$ 1,432	$ 21
Tax-exempt income on debt securities	(253)	(291)
Bank-owned life insurance	(104)	(53)
Non-deductible merger expenses	0	149
Other	147	(15)
Total	$ 1,222	$ (189)
% of Pretax Income
Provision at statutory rate, percent	21%	21%
Tax-exempt income on debt securities, percent	(3.70%)	(291.30%)
Bank-owned life insurance, percent	(1.50%)	(53.00%)
Non-deductible merger expenses, percent	(0.00%)	(149.20%)
Other, percent	2.10%	(14.60%)
Actual tax expense and effective rate	17.90%	(188.60%)

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Estimated Fair Value of Financial Instruments that are not Required to be Measured or Reported at Fair Value (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Financial assets:
Cash and cash equivalents (Level 1)	$ 30,011	$ 22,590
Certificates of deposit with other banks (Level 3)	5,623	12,828
Securities held to maturity (Level 2)	31,822	0
Loans (Level 3)	923,205	711,664
Financial liabilities:
Time Deposits (Level 3)	271,473
Other borrowings (Level 3)	20,938	19,814
Long-term borrowings (Level 3)	61,422	40,510
Subordinated Notes (Level 3)	40,484	20,696
Carrying Amount [Member] | Fair Value, Inputs, Level 1 [Member]
Financial assets:
Cash and cash equivalents (Level 1)	30,011	22,590
Accrued interest receivable (Level 1)	4,661	3,022
Restricted investments in bank stock (Level 1)	3,377	2,685
Cash surrender value of life insurance (Level 1)	19,244	18,787
Financial liabilities:
Non-maturity deposits (Level 1)	675,299	591,344
Accrued interest payable (Level 1)	797	103
Carrying Amount [Member] | Fair Value, Inputs, Level 2 [Member]
Financial assets:
Securities held to maturity (Level 2)	31,822
Carrying Amount [Member] | Fair Value, Inputs, Level 3 [Member]
Financial assets:
Certificates of deposit with other banks (Level 3)	5,623	12,828
Loans (Level 3)	927,871	711,664
Financial liabilities:
Time Deposits (Level 3)	271,473	180,321
Other borrowings (Level 3)	20,938	19,814
Subordinated Notes (Level 3)	40,484	20,696
Fair Value [Member] | Fair Value, Inputs, Level 1 [Member]
Financial assets:
Cash and cash equivalents (Level 1)	30,011	22,590
Accrued interest receivable (Level 1)	4,661	3,022
Restricted investments in bank stock (Level 1)	3,377	2,685
Cash surrender value of life insurance (Level 1)	19,244	18,787
Financial liabilities:
Non-maturity deposits (Level 1)	675,299	591,344
Accrued interest payable (Level 1)	797	103
Fair Value [Member] | Fair Value, Inputs, Level 2 [Member]
Financial assets:
Securities held to maturity (Level 2)	30,080
Fair Value [Member] | Fair Value, Inputs, Level 3 [Member]
Financial assets:
Certificates of deposit with other banks (Level 3)	5,590	12,828
Loans (Level 3)	886,944	705,706
Financial liabilities:
Time Deposits (Level 3)	266,775	180,485
Other borrowings (Level 3)	20,938	19,819
Subordinated Notes (Level 3)	$ 35,966	$ 20,696

Fair Value Measurements - Sum_2

Fair Value Measurements - Summary of Fair Value of Assets and Liabilities Measured on Recurring Basis (Detail) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Assets:
Small Business Administration loan pools	$ 843	$ 1,084
Obligations of state and political subdivisions	40,169	48,482
Mortgage backed securities in government-sponsored entities	37,801	54,217
Total	78,813	103,783
Fair Value, Inputs, Level 1 [Member]
Assets:
Small Business Administration loan pools	0	0
Obligations of state and political subdivisions	0	0
Mortgage backed securities in government-sponsored entities	0	0
Total	0	0
Fair Value, Inputs, Level 2 [Member]
Assets:
Small Business Administration loan pools	843	1,084
Obligations of state and political subdivisions	40,169	48,482
Mortgage backed securities in government-sponsored entities	37,801	54,217
Total	78,813	103,783
Fair Value, Inputs, Level 3 [Member]
Assets:
Small Business Administration loan pools	0	0
Obligations of state and political subdivisions	0	0
Mortgage backed securities in government-sponsored entities	0	0
Total	$ 0	$ 0

Fair Value Measurements - Sum_3

Fair Value Measurements - Summary of Financial Assets Measured at Fair Value on a Nonrecurring Basis (Detail) - Fair Value, Nonrecurring [Member] - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 7,313	$ 751
Loans Held for Sale		3,860
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Loans Held for Sale		0
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Loans Held for Sale		0
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 7,313	751
Loans Held for Sale		$ 3,860

Fair Value Measurements - Sum_4

Fair Value Measurements - Summary of Information about Valuation Processes Used to Determine Nonrecurring Fair Value Measurements (Detail) - Fair Value, Nonrecurring [Member] $ in Thousands		Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans		$ 7,313	$ 751
Loans Held for Sale			3,860
Fair Value, Inputs, Level 3 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans		$ 7,313	751
Loans Held for Sale			$ 3,860
Fair Value, Inputs, Level 3 [Member] | Measurement Input Liquidation Expenses Rate [Member] | Appraisal Of Collateral [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range (Weighted Average)	[1]	10	10
Fair Value, Inputs, Level 3 [Member] | Measurement Input Liquidation Collateral Rate [Member] | Appraisal Of Collateral [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range (Weighted Average)	[1]		15
[1] Fair value is generally determined through independent appraisals of the underlying collateral, which include various Level III inputs that are not identifiable.

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 7,313	$ 751

Related Party Transactions - Su

Related Party Transactions - Summary of Loans to Principal Officers, Directors, and Affiliates (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Related Party Transactions [Abstract]
Beginning balance	$ 6,376	$ 325
New loans	407	1,305
Effect of changes in composition from related parties	(4,654)	4,774
Net repayments in existing accounts	(276)	(28)
Ending balance	$ 1,853	$ 6,376

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) $ in Thousands	Dec. 31, 2022 USD ($) Company	Dec. 31, 2021 USD ($)
Director [Member]
Related Party Transaction [Line Items]
Number of companies owned by a director | Company	2
Deposits [Member]
Related Party Transaction [Line Items]
Due to related parties | $	$ 65,326	$ 34,211

Stock-based Compensation - Addi

Stock-based Compensation - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands			12 Months Ended
	May 26, 2022	May 14, 2019	Dec. 31, 2022	Dec. 31, 2021
Disclosure Of Compensation Related Costs Share based Payments [Line Items]
Stock-based compensation expense recognized			$ 80	$ 25
Stock option remaining unrecognized amount			291	$ 218
December 31, 2027 [Member]
Disclosure Of Compensation Related Costs Share based Payments [Line Items]
Amount remaining to be recognized as expense			$ 291
2019 Equity Incentive Plan [Member]
Disclosure Of Compensation Related Costs Share based Payments [Line Items]
Number of shares authorized for issuance		450,000
Vesting rate		20%
2019 Equity Incentive Plan [Member] | Share-Based Payment Arrangement, Option [Member]
Disclosure Of Compensation Related Costs Share based Payments [Line Items]
Number of stock options, Granted			0
2019 Equity Incentive Plan [Member] | Share-Based Payment Arrangement, Option [Member] | Maximum [Member]
Disclosure Of Compensation Related Costs Share based Payments [Line Items]
Exercise price of options outstanding			$ 14.50
2019 Equity Incentive Plan [Member] | Share-Based Payment Arrangement, Option [Member] | Minimum [Member]
Disclosure Of Compensation Related Costs Share based Payments [Line Items]
Exercise price of options outstanding			9
2022 Equity Incentive Plan [Member]
Disclosure Of Compensation Related Costs Share based Payments [Line Items]
Number of shares authorized for issuance	475,000
2022 Equity Incentive Plan [Member] | Minimum [Member]
Disclosure Of Compensation Related Costs Share based Payments [Line Items]
Vesting rate	95%
Minimum period to vest for 95% of the awards	1 year
2022 Equity Incentive Plan [Member] | Share-Based Payment Arrangement, Option [Member]
Disclosure Of Compensation Related Costs Share based Payments [Line Items]
Exercise price of options outstanding			$ 10.11	$ 10.46
Number of stock options, Granted			94,500

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Stock Options Activity (Detail) - Share-Based Payment Arrangement, Option [Member] - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
2019 Equity Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of Stock Options, Granted	0
2022 Equity Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of Stock Options, Outstanding, December 31, 2021	421,500
Number of Stock Options, Granted	94,500
Number of Stock Options, Expired/terminated	(14,000)
Number of Stock Options, Exercised	(12,000)
Number of Stock Options, Outstanding, December 31, 2022	490,000	421,500
Number of Stock Options, Exercisable at period end	208,700
Weighted- Average Exercise Price, Outstanding, December 31, 2021	$ 10.46
Weighted- Average Exercise Price, Granted	9
Weighted- Average Exercise Price, Expired/terminated	11
Weighted- Average Exercise Price, Exercised	10
Weighted- Average Exercise Price, Outstanding, December 31, 2022	10.11	$ 10.46
Weighted- Average Exercise Price, Exercisable at period end	$ 10.15
Weighted- Average Remaining Contractual Term, Balance	7 years 1 month 6 days	7 years 10 months 24 days
Weighted- Average Remaining Contractual Term, Granted	9 years 3 months 18 days
Weighted- Average Remaining Contractual Term, Expired/terminated	8 years 1 month 6 days
Weighted-Average Remaining Contractual Term, Balance	7 years 1 month 6 days	7 years 10 months 24 days
Weighted- Average Remaining Contractual Term, Exercisable at period end	6 years 6 months
Aggregate Intrinsic Value, Outstanding, December 31, 2021	$ 780
Aggregate Intrinsic Value, Granted	$ 33
Aggregate Intrinsic Value, Outstanding, December 31, 2022	$ 33	$ 780
Aggregate Intrinsic Value, Exercisable at period end	$ 0

Stock-Based Compensation - Sche

Stock-Based Compensation - Schedule of Valuation Assumptions of Stock Options (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Weighted average fair value of options granted	$ 2.37	$ 1.13
Dividend yield	3.70%	0%
Expected volatility	34.20%	4.36%
Risk-free interest rate	3.81%	0.08%
Expected life (in years)	6 years 2 months 12 days	7 years
Assumed forfeiture rate	8%	8%

Stock-Based Compensation - Sc_2

Stock-Based Compensation - Schedule of Additional Information Related to Stock Option (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock-based compensation expense recognized	$ 80	$ 25
Number of unvested stock options	281,300	276,300
Fair value of unvested stock options	$ 393	$ 210
Amount remaining to be recognized as expense	$ 291	$ 218

Regulatory Capital Requiremen_3

Regulatory Capital Requirements - Schedule of Bank Actual and Required Capital Amounts and Ratios (Detail) $ in Thousands	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Total capital
Actual	$ 125,632	$ 81,355
For capital adequacy purposes	77,953	56,578
To be well capitalized	97,441	70,722
Tier 1 capital
Actual	120,912	77,904
For capital adequacy purposes	58,465	42,433
To be well capitalized	77,953	56,578
Common equity
Actual	120,912	77,904
For capital adequacy purposes	43,848	31,825
To be well capitalized	63,337	45,969
Tier 1 capital
Actual	120,912	77,904
For capital adequacy purposes	44,248	35,230
To be well capitalized	$ 55,311	$ 44,038
Ratios
Actual	0.1289	0.1150
For capital adequacy purposes	0.0800	0.0800
To be well capitalized	0.1000	0.1000
Actual	0.1241	0.1102
For capital adequacy purposes	0.0600	0.0600
To be well capitalized	0.0800	0.0800
Actual	0.1241	0.1102
For capital adequacy purposes	0.0450	0.0450
To be well capitalized	0.0650	0.0650
Banking Regulation, Leverage Ratio [Abstract]
Actual	0.1093	0.0885
For capital adequacy purposes	0.0400	0.0400
To be well capitalized	0.0500	0.0500

Regulatory Capital Requiremen_4

Regulatory Capital Requirements - Additional Information (Detail) $ in Billions	9 Months Ended	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2022 USD ($)
Regulatory Capital Requirements Under Banking Regulations [Line Items]
Loans or advances from bank limited to percentage of the banks capital stock and surplus and must be secured by collateral			10%
Percentage of required capital conservation buffer			0.0250
Community bank leverage ratio		0.0885	0.1093
Percentage of lower in community bank leverage ratio	8%
Percentage of increase in community bank leverage ratio		8.50%
Community Bank Leverage Ratio Requirement [Member]
Regulatory Capital Requirements Under Banking Regulations [Line Items]
Financial institutions minimum amount of assets need to maintain			$ 10
January 1, 2022 [Member]
Regulatory Capital Requirements Under Banking Regulations [Line Items]
Community bank leverage ratio			0.09
The Economic Growth, Regulatory Relief and Consumer Protection Act of 2018 [Member]
Regulatory Capital Requirements Under Banking Regulations [Line Items]
Financial institutions minimum amount of assets need to maintain			$ 10
Community bank leverage ratio			0.09

Financial Instruments With Of_3

Financial Instruments With Off-Balance Sheet Risk - Summary of Outstanding Contract Amounts of Off Balance Sheet Credit Risk Related Financial Instruments (Detail) - Unfunded Loan Commitment [Member] - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Schedule Of Loans And Leases Receivable Unfunded Commitments Under Line Of Credit [Line Items]
Unfunded commitments under lines of credit	$ 231,149	$ 145,067
Home equity loans [Member]
Schedule Of Loans And Leases Receivable Unfunded Commitments Under Line Of Credit [Line Items]
Unfunded commitments under lines of credit	43,798	17,774
Commercial real estate, construction, and land development [Member]
Schedule Of Loans And Leases Receivable Unfunded Commitments Under Line Of Credit [Line Items]
Unfunded commitments under lines of credit	62,146	20,609
Commercial and industrial [Member]
Schedule Of Loans And Leases Receivable Unfunded Commitments Under Line Of Credit [Line Items]
Unfunded commitments under lines of credit	$ 125,205	100,440
Other [Member]
Schedule Of Loans And Leases Receivable Unfunded Commitments Under Line Of Credit [Line Items]
Unfunded commitments under lines of credit		$ 6,244

Financial Instruments With Of_4

Financial Instruments With Off-Balance Sheet Risk - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Other Liabilities [Member]
Financial Instruments With Off Balance Sheet Risk [Line Items]
Amount of reserve related to credit losses for off balance sheet instruments	$ 54	$ 54

Earning Per Share - Summary of

Earning Per Share - Summary of Composition of Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Earnings Per Share [Abstract]
Net income (loss)	$ 5,598	$ 289
Basic weighted average common shares outstanding	11,310,386	6,879,658
Net effect of dilutive stock options and warrants	0	370,805
Diluted weighted average common shares outstanding	11,310,386	7,250,463
Basic	$ 0.49	$ 0.04
Diluted	$ 0.49	$ 0.04

Earning Per Share - Additional

Earning Per Share - Additional Information (Details) - shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Earnings Per Share [Abstract]
Dilutive securities		1,698,584
Securities excluded from calculation of diluted weighted average common shares	1,733,184

Earning Per Share - Schedule of

Earning Per Share - Schedule of Dilutive Securities Included in Computation of Earnings Per Share (Details)	12 Months Ended
	Dec. 31, 2021 shares
Earnings Per Share [Abstract]
Share-based compensation awards	161,100
Warrants	1,537,484
Total dilutive securities	1,698,584

Earnings per share - Schedule o

Earnings per share - Schedule of Dilutive Securities Excluded in Computation of Earnings Per Share (Details)	12 Months Ended
	Dec. 31, 2022 shares
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total anti-dilutive securities	1,733,184
Share-based Compensation Awards [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total anti-dilutive securities	195,700
Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total anti-dilutive securities	1,537,484

Concentration of Credit Risk -

Concentration of Credit Risk - Additional Information (Detail)	Dec. 31, 2022 USD ($)
Risks and Uncertainties [Abstract]
Bank balances, excess of federally insured deposit limits	$ 250,000

Revenue Recognition - Schedule

Revenue Recognition - Schedule of Noninterest Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Total noninterest income	$ 2,957	$ 2,139
In-Scope of Topic 606
Disaggregation of Revenue [Line Items]
Service charges and activity fees on deposits	995	733
Fees on loan related activity	191	227
Other	488	367
Total noninterest income	1,674	1,327
Out-of-Topic 606
Disaggregation of Revenue [Line Items]
Total noninterest income	$ 1,283	$ 812

Parent Company Only Condensed_3

Parent Company Only Condensed Financial Information - Schedule of Balance Sheets (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
ASSETS
Noninterest-bearing cash equivalents	$ 4,209	$ 8,620
Securities available for sale, at fair value	78,813	103,783
TOTAL ASSETS	1,163,654	932,763
LIABILITIES AND SHAREHOLDERS' EQUITY
Subordinated debt	40,484	20,696
Shareholders' equity	138,553	109,623
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	1,163,654	932,763
Parent Company [Member]
ASSETS
Noninterest-bearing cash equivalents	15,486	276
Securities available for sale, at fair value		517
Investment in subsidiaries	162,029	129,181
Other Assets	1,712	365
TOTAL ASSETS	179,227	130,339
LIABILITIES AND SHAREHOLDERS' EQUITY
Subordinated debt	40,484	20,696
Other liabilities	190	20
Shareholders' equity	138,553	109,623
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 179,227	$ 130,339

Parent Company Only Condensed_4

Parent Company Only Condensed Financial Information - Schedule of Condensed Statements of Operations and Comprehensive Income (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Expenses:
Interest expense	$ 7,279	$ 2,390
Other noninterest expenses	2,807	2,214
Income before income tax (benefit) expense	6,820	100
Income tax benefit	1,222	(189)
NET INCOME	5,598	289
Comprehensive Loss	(2,585)	(1,125)
Parent Company [Member]
Income:
Interest income	11	18
Dividend income from subsidiaries		724
Expenses:
Interest expense	1,501	249
Other noninterest expenses	564	794
Income before income tax (benefit) expense	(2,054)	(301)
Income tax benefit	(407)	(199)
Net income (loss), including portion attributable to noncontrolling interest, total	(1,647)	(102)
Equity in undistributed subsidiary income	7,245	391
NET INCOME	5,598	289
Comprehensive Loss	$ (2,585)	$ (1,125)

Parent Company Only Condensed_5

Parent Company Only Condensed Financial Information - Schedule of Condensed Statements of Cash Flows (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
OPERATING ACTIVITIES
Net income	$ 5,598	$ 289
Adjustments:
(Accretion) amortization of premiums and (discounts), net	(1,947)	1,379
Net cash provided by operating activities	2,344	4,774
INVESTING ACTIVITIES
Net cash acquired through merger and acquisition		39,885
Sales of securities	513	11,371
Net cash used in investing activities	(222,590)	(5,045)
FINANCING ACTIVITIES
Proceeds from issuance of common stock, net	34,650
Proceeds from issuance of subordinated notes	20,000
Issuance of shares from exercise of stock options	120	120
Dividends paid	(3,334)	(1,462)
Net cash provided by (used in) financing activities	227,667	(10,301)
Increase (decrease) in cash and cash equivalents	7,421	(10,572)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	22,590	33,162
CASH AND CASH EQUIVALENTS AT END OF PERIOD	30,011	22,590
Parent Company [Member]
OPERATING ACTIVITIES
Net income	5,598	289
Adjustments:
Undistributed earnings of subsidiaries	(7,245)	(391)
(Accretion) amortization of premiums and (discounts), net	(212)
Other, net	(1,171)	(72)
Net cash provided by operating activities	(3,030)	(174)
INVESTING ACTIVITIES
Net cash acquired through merger and acquisition		3,080
Investments in subsidiaries	(35,000)	(1,300)
Cash dividends from subsidiaries	1,300
Sales of securities	504
Net cash used in investing activities	(33,196)	1,780
FINANCING ACTIVITIES
Proceeds from issuance of common stock, net	34,650
Proceeds from issuance of subordinated notes	20,000
Issuance of shares from exercise of stock options	120	120
Dividends paid	(3,334)	(1,462)
Net cash provided by (used in) financing activities	51,436	(1,342)
Increase (decrease) in cash and cash equivalents	15,210	264
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	276	12
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$ 15,486	$ 276