ChoiceOne Financial Services (COFS) 10-Q 7 May 24 2024 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2024	Apr. 30, 2024
Document Information [Line Items]
Entity Central Index Key	0000803164
Entity Registrant Name	ChoiceOne Financial Services, Inc.
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2024
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2024
Document Transition Report	false
Securities Act File Number	000-19202
Entity Incorporation, State or Country Code	MI
Entity Tax Identification Number	38-2659066
Entity Address, Address Line One	109 East Division
Entity Address, City or Town	Sparta
Entity Address, State or Province	MI
Entity Address, Postal Zip Code	49345
City Area Code	616
Local Phone Number	887-7366
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Title of 12(b) Security	Common stock
Trading Symbol	COFS
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		7,571,112

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 149,779	$ 55,083
Time deposits in other financial institutions	350	350
Cash and cash equivalents	150,129	55,433
Equity securities, at fair value (Note 2)	7,560	7,505
Securities available for sale, at fair value (Note 2)	504,636	514,598
Securities held to maturity, at amortized cost net of credit losses (Note 2)	397,981	407,959
Federal Home Loan Bank stock	4,449	4,449
Federal Reserve Bank stock	5,066	5,065
Loans held for sale	6,035	4,710
Loans to other financial institutions (Note 3)	30,032	19,400
Core loans (Note 3)	1,388,558	1,391,253
Total loans held for investment (Note 3)	1,418,590	1,410,653
Allowance for credit losses (Note 3)	(16,037)	(15,685)
Loans, net	1,402,553	1,394,968
Premises and equipment, net	28,268	29,750
Other real estate owned, net	122	122
Cash value of life insurance policies	45,079	45,074
Goodwill	59,946	59,946
Core deposit intangible	1,651	1,854
Other assets	57,224	45,273
Total assets	2,670,699	2,576,706
Liabilities
Deposits - noninterest-bearing	502,685	547,625
Deposits - interest-bearing	1,641,193	1,550,985
Brokered deposits	41,970	23,445
Total deposits	2,185,848	2,122,055
Borrowings	210,000	200,000
Subordinated debentures	35,568	35,507
Other liabilities	32,527	23,510
Total liabilities	2,463,943	2,381,072
Shareholders' Equity
Preferred stock; shares authorized: 100,000; shares outstanding: none	0	0
Common stock and paid-in capital, no par value; shares authorized: 15,000,000; shares outstanding: 7,541,187 at September 30, 2023 and 7,516,098 at December 31, 2022	173,786	173,513
Retained earnings	77,294	73,699
Accumulated other comprehensive loss, net	(44,324)	(51,578)
Total shareholders’ equity	206,756	195,634
Total liabilities and shareholders’ equity	$ 2,670,699	$ 2,576,706

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Mar. 31, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Preferred stock, authorized (in shares)	100,000	100,000
Preferred stock, outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, authorized (in shares)	15,000,000	15,000,000
Common stock, outstanding (in shares)	7,556,137	7,548,217

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest income
Loans, including fees	$ 20,786,000	$ 14,873,000
Securities:
Taxable	5,348,000	4,913,000
Tax exempt	1,412,000	1,435,000
Other	886,000	177,000
Total interest income	28,432,000	21,398,000
Interest expense
Deposits	8,777,000	3,276,000
Advances from Federal Home Loan Bank	441,000	605,000
Other	2,740,000	505,000
Total interest expense	11,958,000	4,386,000
Net interest income	16,474,000	17,012,000
Provision for (reversal of) credit losses on loans	403,000	309,000
Provision for (reversal of) credit losses on unfunded commitments	(403,000)	(284,000)
Net Provision for (reversal of) credit losses expense	0	25,000
Net interest income after provision	16,474,000	16,987,000
Noninterest income
Customer service charges	2,405,000	2,267,000
Insurance and investment commissions	198,000	196,000
Gains on sales of loans	454,000	403,000
Net gains (losses) on sales of securities	0	0
Net gains on sales and write downs of other assets	1,000	3,000
Earnings on life insurance policies	495,000	263,000
Trust income	213,000	184,000
Change in market value of equity securities	35,000	63,000
Other	250,000	292,000
Total noninterest income	4,051,000	3,671,000
Noninterest expense
Salaries and benefits	7,831,000	8,083,000
Occupancy and equipment	1,462,000	1,643,000
Data processing	1,670,000	1,682,000
Professional fees	615,000	621,000
Supplies and postage	178,000	191,000
Advertising and promotional	150,000	149,000
Intangible amortization	203,000	252,000
FDIC insurance	375,000	300,000
Other	1,200,000	1,074,000
Total noninterest expense	13,684,000	13,995,000
Income before income tax	6,841,000	6,663,000
Income tax expense	1,207,000	1,030,000
Net income	$ 5,634,000	$ 5,633,000
Basic earnings per share (Note 4)	$ 0.75	$ 0.75
Diluted earnings per share (Note 4)	0.74	0.75
Dividends declared per share	$ 0.27	$ 0.26

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Net income	$ 5,634	$ 5,633
Other comprehensive income:
Change in net unrealized gain (loss) on available-for-sale securities	(3,170)	13,694
Change in net unrealized gain (loss) on available-for-sale securities, Income tax benefit (expense)	666	(2,876)
Less: reclassification adjustment for net (gain) loss for fair value hedge	5,323	(6,021)
Less: reclassification adjustment for net (gain) loss for fair value hedge, Income tax benefit (expense)	(1,118)	1,264
Unrealized gain (loss) on available-for-sale securities, net of tax	1,701	6,061
Amortization of net unrealized (gains) losses on securities transferred from available-for-sale to held-to-maturity	56	29
Amortization of net unrealized (gains) losses on securities transferred from available-for-sale to held-to-maturity, Income tax benefit (expense)	(12)	(6)
Unrealized loss on held to maturity securities, net of tax	44	23
Change in net unrealized gain (loss) on cash flow hedge	6,086	(2,896)
Change in net unrealized gain (loss) on cash flow hedge, Income tax benefit (expense)	(1,278)	608
Less: amortization of net unrealized (gains) losses included in net income	887	156
Less: amortization of net unrealized (gains) losses included in net income, Income tax benefit (expense)	(186)	(33)
Unrealized gain (loss) on cash flow hedge instruments, net of tax	5,509	(2,165)
Other comprehensive income (loss), net of tax	7,254	3,919
Comprehensive income (loss)	$ 12,888	$ 9,552

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($) $ in Thousands		Total	Common Stock and Paid in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income/(Loss), Net [Member]
Balance (in shares) at Dec. 31, 2022			7,516,098
Balance at Dec. 31, 2022		$ 160,828	$ 172,277	$ 60,348	$ (71,797)
Net income		5,633		5,633
Other comprehensive income (loss)		3,919			3,919
Shares issued (in shares)			5,651
Shares issued		147	$ 147
Effect of employee stock purchases		7	7
Stock-based compensation expense		133	$ 133
Cash dividends declared		(1,955)		(1,955)
Balance (in shares) at Mar. 31, 2023			7,521,749
Balance at Mar. 31, 2023		$ 168,712	$ 172,564	64,026	(67,878)
Balance (in shares) at Dec. 31, 2023		7,548,217	7,548,217
Balance at Dec. 31, 2023		$ 195,634	$ 173,513	73,699	(51,578)
Net income		5,634		5,634
Other comprehensive income (loss)		7,254			7,254
Shares issued (in shares)			7,040
Shares issued		90	$ 90
Effect of employee stock purchases		11	$ 11
Stock options exercised and issued (in shares)	[1]		880
Stock-based compensation expense		$ 172	$ 172
Shares repurchased (in shares)		0
Cash dividends declared		$ (2,039)		(2,039)
Balance (in shares) at Mar. 31, 2024		7,556,137	7,556,137
Balance at Mar. 31, 2024		$ 206,756	$ 173,786	$ 77,294	$ (44,324)
[1] The amount shown represents the number of shares issued in net exercise transactions where shares were surrendered in payment of taxes and/or payment of all or part of the exercise price.

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Dividends declared, per share (in dollars per share)	$ 0.27	$ 0.26

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Cash flows from operating activities:
Net income	$ 5,634	$ 5,633
Adjustments to reconcile net income to net cash from operating activities:
(Reversal of) provision for credit losses	0	25
Depreciation	636	609
Amortization	2,427	2,500
Compensation expense on employee and director stock purchases, stock options, and restricted stock units	295	235
Net change in market value of equity securities	(35)	(63)
Gains on sales of loans	(454)	(403)
Loans originated for sale	(18,507)	(10,283)
Proceeds from loan sales	17,427	11,753
Earnings on bank-owned life insurance	(299)	(263)
Earnings on death benefit from bank-owned life insurance	(196)	0
Deferred federal income tax (benefit)/expense	301	252
Net change in:
Other assets	(1,410)	995
Other liabilities	9,495	(1,821)
Net cash provided by operating activities	15,314	9,169
Cash flows from investing activities:
Maturities, prepayments and calls of securities available for sale	5,879	7,052
Maturities, prepayments and calls of securities held to maturity	9,531	2,990
Purchases of securities available for sale	(466)	(323)
Purchases of equity securities	(20)	(70)
Purchases of securities held to maturity	0	(421)
Purchase of Federal Home Loan Bank stock	0	(1,678)
Loan originations and payments, net	(7,986)	(20,701)
Proceeds from bank owned life insurance death benefits claim	490	0
Additions to premises and equipment	(311)	(1,025)
Proceeds from (payments for) derivative contracts, net	497	(551)
Payments for derivative contracts settlements	0	(4,191)
Net cash provided by (used in) investing activities	7,614	(18,918)
Cash flows from financing activities:
Net change in deposits	63,793	(12,102)
Net change in short term borrowings	10,036	35,000
Issuance of common stock	56	52
Share based compensation withholding obligation	(78)	0
Cash dividends	(2,039)	(1,955)
Net cash provided by financing activities	71,768	20,995
Net change in cash and cash equivalents	94,696	11,246
Beginning cash and cash equivalents	55,433	43,943
Ending cash and cash equivalents	150,129	55,189
Supplemental disclosures of cash flow information:
Cash paid for interest	15,278	4,557
Cash paid for income taxes	0	0
Loans transferred to other real estate owned	$ 0	$ 130

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation The consolidated financial statements include ChoiceOne Financial Services, Inc. (“ChoiceOne”), its wholly-owned subsidiaries, ChoiceOne Bank (the “Bank”) and 109 Technologies, LLC, and ChoiceOne Bank’s wholly-owned subsidiary, ChoiceOne Insurance Agencies, Inc. (the “Insurance Agency”). Intercompany transactions and balances have been eliminated in consolidation. ChoiceOne owns all of the common securities of Community Shores Capital Trust I (the “Capital Trust”). Under U.S. generally accepted accounting principles (“GAAP”), the Capital Trust is not consolidated because it is a variable interest entity and ChoiceOne is not the primary beneficiary. The accompanying unaudited consolidated financial statements and notes thereto reflect all adjustments ordinary in nature which are, in the opinion of management, necessary for a fair presentation of such financial statements. Operating results for the three months ended March 31, 2024, are not necessarily indicative of the results that may be expected for the year ending December 31, 2024. The accompanying consolidated financial statements should be read in conjunction with the audited consolidated financial statements and footnotes thereto included in ChoiceOne’s Annual Report on Form 10-K for the year ended December 31, 2023 . Use of Estimates To prepare financial statements in conformity with accounting principles generally accepted in the United States of America, ChoiceOne’s management makes estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the financial statements and the disclosures provided. These estimates and assumptions are subject to many risks and uncertainties, and actual results may differ from these estimates. Estimates associated with the allowance for credit losses and the unrealized gains and losses on securities available for sale and held to maturity are particularly susceptible to change. Goodwill Goodwill results from business acquisitions and represents the excess of the purchase price over the fair value of the acquired tangible assets and liabilities and identifiable intangible assets. Goodwill and intangible assets acquired in a purchase business combination and determined to have an indefinite useful life are not amortized, but tested for impairment at least annually or more frequently if events and circumstances exist that indicate that a goodwill impairment test should be performed. Core Deposit Intangible Core deposit intangible represents the value of the acquired customer core deposit bases and is included as an asset on the consolidated balance sheets. The core deposit intangible has an estimated finite life, is amortized on an accelerated basis over a 120 month period and is subject to periodic impairment evaluation. Stock Transactions A total of 3,822 shares of common stock were issued to ChoiceOne’s Board of Directors for a cash price of $ 112,000 under the terms of the Directors’ Stock Purchase Plan in the first quarter of 2024 . A total of 2,400 shares for a cash price of $ 56,000 were issued under the Employee Stock Purchase Plan in the first quarter of 2024 . ChoiceOne's common stock repurchase program announced in April 2021 and amended in 2022, authorizes repurchases of up to 375,388 shares, representing 5 % of the total outstanding shares of common stock as of the date the program was adopted. No shares were repurchased under this program in the first quarter of 2024 . Reclassifications Certain amounts presented in prior periods have been reclassified to conform to the current presentation. Allowance for Credit Losses (“ACL”) The ACL is a valuation allowance for expected credit losses. The ACL is increased by the provision for credit losses and decreased by loans charged off less any recoveries of charged off loans. As ChoiceOne has had very limited loss experience since 2011, management elected to utilize benchmark peer loss history data to estimate historical loss rates. ChoiceOne identified an appropriate peer group for each loan cohort which shared similar characteristics. Management estimates the ACL required based on the selected peer group loan loss experience, the nature and volume of the loan portfolio, information about specific borrower situations and estimated collateral values, a reasonable and supportable economic forecast, and other factors. Allocations of the ACL may be made for specific loans, but the entire ACL is available for any loan that, in management’s judgment, should be charged off. Loan losses are charged against the ACL when management believes that collection of a loan balance is not possible. The ACL consists of general and specific components. The general component covers loans collectively evaluated for credit losses and is based on peer historical loss experience adjusted for current and forecasted factors. Management’s adjustment for current and forecasted factors is based on trends in delinquencies, trends in charge-offs and recoveries, trends in the volume of loans, changes in underwriting standards, trends in loan review findings, the experience and ability of lending staff, and a reasonable and supportable economic forecast described further below. The discounted cash flow methodology is utilized for all loan pools. This methodology is supported by our CECL software provider and allows management to calculate contractual life by factoring in all cash flows and adjusting them for behavioral and credit-related aspects. Reasonable and supportable economic forecasts have to be incorporated in determining expected credit losses. The forecast period represents the time frame from the current period end through the point in time that we can reasonably forecast and support entity and environmental factors that are expected to impact the performance of our loan portfolio. Ideally, the economic forecast period would encompass the contractual terms of all loans; however, the ability to produce a forecast that is considered reasonable and supportable becomes more difficult or may not be possible in later periods. Subsequent to the end of the forecast period, we revert to historical loan data based on an ongoing evaluation of each economic forecast in relation to then current economic conditions as well as any developing loan loss activity and resulting historical data. As of March 31, 2024, we used a one-year reasonable and supportable economic forecast period, with a two year straight-line reversion period. We are not required to develop and use our own economic forecast model, and we elected to utilize economic forecasts from third-party providers that analyze and develop forecasts of the economy for the entire United States at least quarterly. Other inputs to the calculation are also updated or reviewed quarterly. Prepayment speeds are updated on a one quarter lag based on the asset liability model from the previous quarter. This model is performed at the loan level. Curtailment is updated quarterly within the ACL model based on our peer group average. The reversion period is reviewed by management quarterly with consideration of the current economic climate. We are also required to consider expected credit losses associated with loan commitments over the contractual period in which we are exposed to credit risk on the underlying commitments unless the obligation is unconditionally cancellable by us. Any allowance for off-balance sheet credit exposures is reported as an other liability on our Consolidated Balance Sheet and is increased or decreased via the provision for credit losses account on our Consolidated Statement of Income. The calculation includes consideration of the likelihood that funding will occur and forecasted credit losses on commitments expected to be funded over their estimated lives. The allowance is calculated using the same aggregate reserve rates calculated for the funded portion of loans at the portfolio level applied to the amount of commitments expected to be funded. Loans that do not share risk characteristics are evaluated on an individual basis and are excluded from the collective evaluation. ChoiceOne has determined that any loans which have been placed on non-performing status, loans with a risk rating of 6 or higher, and loans past due more than 60 days will be assessed individually for evaluation. Management’s judgment will be used to determine if the loan should be migrated back to pool on an individual basis. Individual analysis will establish a specific reserve for loans in scope. Specific reserves on non-performing loans are typically based on management’s best estimate of the fair value of collateral securing these loans, adjusted for selling costs as appropriate or based on the present value of the expected cash flows from that loan. Securities Debt 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. ​ Debt securities are classified as available for sale because they might be sold before maturity. Debt securities classified as available for sale are carried at fair value, with unrealized holding gains and losses reported separately in the accumulated other comprehensive income or loss section of shareholders’ equity, net of tax effect. Restricted investments in Federal Reserve Bank stock and Federal Home Loan Bank stock are carried at cost. Equity securities consist of investments in preferred stock and investments in common stock of other financial institutions. Equity securities are reported at their fair value with changes in market value reported through current earnings. Interest income includes amortization of purchase premium or discount. Premiums and discounts on securities are amortized using the level-yield method without anticipating prepayments. Gains or losses on sales are recorded on the trade date based on the amortized cost of the security sold. Securities Available for Sale ("AFS") – For securities AFS in an unrealized loss position, management determines whether they intend to sell or if it is more likely than not that ChoiceOne will be required to sell the security before recovery of the amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written down to fair value through income with an allowance being established under CECL. For securities AFS with unrealized losses not meeting these criteria, management evaluates whether any decline in fair value is due to credit loss factors. In making this assessment, management considers any changes to the rating of the security by rating agencies and adverse conditions specifically related to the issuer of the security, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of the cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an allowance for credit losses (“ACL”) is recorded for the credit loss, limited by the amount that the fair value is less than the amortized cost basis. Changes in the ACL under ASC 326-30 are recorded as provisions for (or reversal of) credit loss expense. Losses are charged against the allowance when the collectability of a security AFS is confirmed or when either of the criteria regarding intent or requirement to sell is met. Any impairment that has not been recorded through an ACL is recognized in other comprehensive income, net of income taxes. At March 31, 2024, there was no ACL related to securities AFS. Accrued interest receivable on securities AFS was excluded from the estimate of credit losses. Securities Held to Maturity ("HTM") – Since the adoption of CECL, ChoiceOne measures credit losses on securities HTM on a collective basis by major security type with each type sharing similar risk characteristics, and considers historical credit loss information that is adjusted for current conditions and reasonable and supportable forecasts. The ACL on HTM securities is a contra asset valuation account that is deducted from the carrying amount of securities HTM to present the net amount expected to be collected. HTM securities are charged off against the ACL when deemed uncollectible. Adjustments to the ACL are reported in ChoiceOne’s Consolidated Statements of Income in the provision for credit losses. Accrued interest receivable on securities HTM is excluded from the estimate of credit losses. With regard to US Treasury securities, these have an explicit government guarantee; therefore, no ACL is recorded for these securities. With regard to obligations of states and political subdivisions and other HTM securities, management considers (1) issuer bond ratings, (2) historical loss rates for given bond ratings, (3) the financial condition of the issuer, and (4) whether issuers continue to make timely principal and interest payments under the contractual terms of the securities. A discounted cash flow method will be used to determine the reserve required for any credit losses on HTM securities. At March 31, 2024, the ACL related to securities HTM is insignificant. Recent Accounting Pronouncements Improvements to Income Tax Disclosure ASU 2023-09 enhances transparency by requiring consistent categorization, greater disaggregation, and detailed disclosure related to income taxes paid. These changes aim to help users of financial statements understand factors contributing to differences between effective and statutory tax rates. The disclosure is effective for annual reporting periods beginning after December 15, 2024.

Securities

Securities	3 Months Ended
	Mar. 31, 2024
Debt Securities, Trading, and Equity Securities, FV-NI, Cost [Abstract]
Securities	NOTE 2 – SECURITIES The fair value of equity securities and the related gross unrealized gains and (losses) recognized in noninterest income were as follows: March 31, 2024 Gross Gross (Dollars in thousands) Amortized Unrealized Unrealized Fair Cost Gains Losses Value Equity securities $ 7,980 $ 292 $ ( 712 ) $ 7,560 December 31, 2023 Gross Gross (Dollars in thousands) Amortized Unrealized Unrealized Fair Cost Gains Losses Value Equity securities $ 7,960 $ 212 $ ( 667 ) $ 7,505 The following tables present the amortized cost and fair value of securities available for sale and the gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) and the amortized cost and fair value of securities held to maturity and the related gross unrealized gains and losses: March 31, 2024 Gross Gross (Dollars in thousands) Amortized Unrealized Unrealized Fair Available for Sale: Cost Gains Losses Value U.S. Treasury notes and bonds $ 90,229 $ - $ ( 10,953 ) $ 79,276 State and municipal 263,439 - ( 32,511 ) 230,928 Mortgage-backed 207,478 29 ( 23,757 ) 183,750 Corporate 250 - ( 46 ) 204 Asset-backed securities 10,729 - ( 251 ) 10,478 Total $ 572,125 $ 29 $ ( 67,518 ) $ 504,636 (Dollars in thousands) Held to Maturity: U.S. Government and federal agency $ 2,974 $ - $ ( 322 ) $ 2,652 State and municipal 195,710 9 ( 31,086 ) 164,633 Mortgage-backed 178,818 - ( 24,692 ) 154,126 Corporate 20,021 20 ( 2,679 ) 17,362 Asset-backed securities 458 - ( 21 ) 437 Total $ 397,981 $ 29 $ ( 58,800 ) $ 339,210 December 31, 2023 Gross Gross (Dollars in thousands) Amortized Unrealized Unrealized Fair Available for Sale: Cost Gains Losses Value U.S. Treasury notes and bonds $ 90,345 $ - $ ( 10,151 ) $ 80,194 State and municipal 269,918 - ( 35,236 ) 234,682 Mortgage-backed 212,392 14 ( 23,905 ) 188,501 Corporate 250 - ( 46 ) 204 Asset-backed securities 11,334 - ( 317 ) 11,017 Total $ 584,239 $ 14 $ ( 69,655 ) $ 514,598 (Dollars in thousands) Held to Maturity: U.S. Government and federal agency $ 2,972 $ - $ ( 293 ) $ 2,679 State and municipal 196,098 14 ( 30,220 ) 165,892 Mortgage-backed 188,329 - ( 25,796 ) 162,533 Corporate 20,013 21 ( 2,864 ) 17,170 Asset-backed securities 547 - ( 30 ) 517 Total $ 407,959 $ 35 $ ( 59,203 ) $ 348,791 Available for sale securities with unrealized losses as of March 31, 2024 and December 31, 2023, aggregated by investment category and length of time the individual securities have been in an unrealized loss position, were as follows: March 31, 2024 Less than 12 months More than 12 months Total (Dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized Available for Sale: Value Losses Value Losses Value Losses U.S. Treasury notes and bonds $ - $ - $ 79,276 $ 10,953 $ 79,276 $ 10,953 State and municipal - - 230,928 32,511 230,928 32,511 Mortgage-backed 777 3 169,823 23,754 170,600 23,757 Corporate - - 204 46 204 46 Asset-backed securities - - 10,478 251 10,478 251 Total temporarily impaired $ 777 $ 3 $ 490,709 $ 67,515 $ 491,486 $ 67,518 December 31, 2023 Less than 12 months More than 12 months Total (Dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized Available for Sale: Value Losses Value Losses Value Losses U.S. Treasury notes and bonds $ - $ - $ 80,194 $ 10,151 $ 80,194 $ 10,151 State and municipal 557 6 234,125 35,230 234,682 35,236 Mortgage-backed 1,255 23 176,400 23,882 177,655 23,905 Corporate - - 204 46 204 46 Asset-backed securities - - 11,017 317 11,017 317 Total temporarily impaired $ 1,812 $ 29 $ 501,940 $ 69,626 $ 503,752 $ 69,655 Held to maturity securities with unrealized losses as of March 31, 2024 and December 31, 2023, aggregated by investment category and length of time the individual securities have been in an unrealized loss position, were as follows: March 31, 2024 Less than 12 months More than 12 months Total (Dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized Held to Maturity: Value Losses Value Losses Value Losses U.S. Government and federal agency $ - $ - $ 2,652 $ 322 $ 2,652 $ 322 State and municipal 6,540 1,332 157,833 29,754 164,373 31,086 Mortgage-backed 871 2 153,255 24,690 154,126 24,692 Corporate - - 15,699 2,679 15,699 2,679 Asset-backed securities - - 437 21 437 21 Total temporarily impaired $ 7,411 $ 1,334 $ 329,876 $ 57,466 $ 337,287 $ 58,800 December 31, 2023 Less than 12 months More than 12 months Total (Dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized Held to Maturity: Value Losses Value Losses Value Losses U.S. Government and federal agency $ - $ - $ 2,679 $ 293 $ 2,679 $ 293 State and municipal 23 - 165,526 30,220 165,549 30,220 Mortgage-backed - - 162,533 25,796 162,533 25,796 Corporate - - 15,509 2,864 15,509 2,864 Asset-backed securities - - 517 30 517 30 Total temporarily impaired $ 23 $ - $ 346,764 $ 59,203 $ 346,787 $ 59,203 ChoiceOne evaluates all securities on a quarterly basis to determine if an ACL and corresponding impairment charge should be recorded. Consideration is given to the extent to which the fair value has been less than cost, the financial condition and near-term prospects of the issuer, and the intent and ability of ChoiceOne to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value of amortized cost basis. ChoiceOne believes that unrealized losses on securities were temporary in nature and were caused primarily by changes in interest rates, increased credit spreads, and reduced market liquidity and were not caused by the credit status of the issuer. No ACL was recorded in the three months ended March 31, 2024 and 2023 . At March 31, 2024 and December 31, 2023, there were 570 and 569 securities with an unrealized loss, respectively. Unrealized losses have not been recognized into income because the issuers’ bonds are of high credit quality, and management does not intend to sell prior to their anticipated recovery, and the decline in fair value is largely due to changes in interest rates and other market conditions. The issuers continue to make timely principal and interest payments on the bonds. The fair value is expected to recover as the bonds approach maturity. The majority of unrealized losses at March 31, 2024 , are related to U.S. Treasury notes and bonds, state and municipal bonds and mortgage backed securities. The U.S. Treasury notes are guaranteed by the U.S. government and 100 % of the notes are rated AA or better. State and municipal bonds are backed by the taxing authority of the bond issuer or the revenues from the bond. On March 31, 2024 , 85 % of state and municipal bonds held are rated AA or better, 11 % are A rated and 4 % are not rated. Of the mortgage-backed securities held on March 31, 2024 , 40 % were issued by US government sponsored entities and agencies, and rated AA, 40 % are AAA rated private issue and collateralized mortgage obligation, and 20 % are unrated privately issued mortgage-backed securities with structured credit enhancement and collateralized mortgage obligation. Presented below is a schedule of maturities of securities as of March 31, 2024. Available for sale securities are reported at fair value and held to maturity securities are reported at amortized cost. Callable securities in the money are presumed called and matured at the callable date. Available for Sale Securities maturing within: Fair Value Less than 1 Year - 5 Years - More than at March 31, (Dollars in thousands) 1 Year 5 Years 10 Years 10 Years 2024 U.S. Treasury notes and bonds $ - $ 66,720 $ 12,556 $ - $ 79,276 State and municipal - 11,272 105,237 114,419 230,928 Corporate - - 204 - 204 Asset-backed securities - 7,643 2,835 - 10,478 Total debt securities - 85,635 120,832 114,419 320,886 Mortgage-backed securities 18,808 59,528 74,514 30,900 183,750 Total Available for Sale $ 18,808 $ 145,163 $ 195,346 $ 145,319 $ 504,636 Held to Maturity Securities maturing within: Amortized Cost Less than 1 Year - 5 Years - More than at March 31, (Dollars in thousands) 1 Year 5 Years 10 Years 10 Years 2024 U.S. Government and federal agency $ - $ 2,974 $ - $ - $ 2,974 State and municipal 1,006 14,455 99,920 80,329 195,710 Corporate - - 20,021 - 20,021 Asset-backed securities 458 - - - 458 Total debt securities 1,464 17,429 119,941 80,329 219,163 Mortgage-backed securities 17,426 17,116 144,276 - 178,818 Total Held to Maturity $ 18,890 $ 34,545 $ 264,217 $ 80,329 $ 397,981 Following is information regarding unrealized gains and losses on equity securities for the three months ended March 31, 2024 and 2023: Three Months Ended March 31, 2024 2023 (Dollars in thousands) Net gains and (losses) recognized during the period $ 35 $ 63 Less: Net gains and (losses) recognized during the period on securities sold - - Unrealized gains and (losses) recognized during the reporting period on securities still held at the reporting date $ 35 $ 63

Loans and Allowance for Credit

Loans and Allowance for Credit Losses	3 Months Ended
	Mar. 31, 2024
Receivables [Abstract]
Loans and Allowance for Credit Losses	NOTE 3 – LOANS AND ALLOWANCE FOR CREDIT LOSSES Loans by type as a percentage of the portfolio were as follows: March 31, 2024 December 31, 2023 (Dollars in thousands) Balance % Balance % Percent Increase (Decrease) Agricultural $ 41,950 3.0 % $ 49,210 3.5 % ( 14.8 ) % Commercial and Industrial 231,222 16.3 % 229,915 16.3 % 0.6 % Commercial Real Estate 794,705 56.0 % 786,921 55.8 % 1.0 % Consumer 34,268 2.4 % 36,541 2.6 % ( 6.2 ) % Construction Real Estate 17,890 1.3 % 20,936 1.5 % ( 14.5 ) % Residential Real Estate 268,523 18.9 % 267,730 19.0 % 0.3 % Loans to Other Financial Institutions 30,032 2.1 % 19,400 1.4 % 54.8 % Gross Loans $ 1,418,590 $ 1,410,653 Allowance for credit losses 16,037 1.13 % 15,685 1.11 % Net loans $ 1,402,553 $ 1,394,968 Activity in the allowance for credit losses and balances in the loan portfolio were as follows: Commercial Loans to Other (Dollars in thousands) And Commercial Construction Residential Financial Agricultural Industrial Consumer Real Estate Real Estate Real Estate Institutions Total Allowance for Credit Losses Three Months Ended March 31, 2024 Beginning balance $ 94 $ 2,216 $ 823 $ 8,820 $ 58 $ 3,644 $ 30 $ 15,685 Charge-offs - ( 1 ) ( 123 ) - - - - ( 124 ) Recoveries - 9 60 - - 4 - 73 Provision 3 19 158 347 ( 9 ) ( 135 ) 20 403 Ending balance $ 97 $ 2,243 $ 918 $ 9,167 $ 49 $ 3,513 $ 50 $ 16,037 Individually evaluated for credit loss $ 2 $ 7 $ 116 $ 1 $ - $ 136 $ - $ 262 Collectively evaluated for credit loss $ 95 $ 2,236 $ 802 $ 9,166 $ 49 $ 3,377 $ 50 $ 15,775 Loans March 31, 2024 Individually evaluated for credit loss $ 44 $ 174 $ 238 $ 29 $ - $ 1,994 $ - $ 2,479 Collectively evaluated for credit loss 41,906 231,048 34,030 794,676 17,890 266,529 30,032 1,416,111 Ending balance $ 41,950 $ 231,222 $ 34,268 $ 794,705 $ 17,890 $ 268,523 $ 30,032 $ 1,418,590 Commercial Loans to Other (Dollars in thousands) and Commercial Construction Residential Financial Agricultural Industrial Consumer Real Estate Real Estate Real Estate Institutions Total Allowance for Loan Losses December 31, 2023 Individually evaluated for impairment $ 2 $ 6 $ - $ 1 $ — $ 51 $ — $ 60 Collectively evaluated for impairment $ 92 $ 2,210 $ 823 $ 8,819 $ 58 $ 3,593 $ 30 $ 15,625 Loans December 31, 2023 Individually evaluated for impairment $ 54 $ 136 $ 2 $ 29 $ — $ 1,858 $ — $ 2,079 Collectively evaluated for impairment $ 49,156 $ 229,779 $ 36,539 $ 786,892 $ 20,936 $ 265,872 $ 19,400 1,408,574 Acquired with deteriorated credit quality — - - - — - - Ending balance $ 49,210 $ 229,915 $ 36,541 $ 786,921 $ 20,936 $ 267,730 $ 19,400 $ 1,410,653 Commercial (Dollars in thousands) and Commercial Construction Residential Agricultural Industrial Consumer Real Estate Real Estate Real Estate Unallocated Total Allowance for Loan Losses Three Months Ended March 31, 2023 Beginning balance $ 144 $ 1,361 $ 310 $ 4,822 $ 63 $ 906 $ 13 $ 7,619 Cumulative effect of change in accounting principle 14 1,587 541 3,006 20 2,010 ( 13 ) 7,165 Charge-offs - - ( 140 ) - - - - ( 140 ) Recoveries - 27 69 13 - 3 - 112 Provision ( 23 ) 45 133 ( 4 ) ( 10 ) 168 - 309 Ending balance $ 135 $ 3,020 $ 913 $ 7,837 $ 73 $ 3,087 $ - $ 15,065 Individually evaluated for impairment $ 1 $ 7 $ 1 $ 1 $ - $ 42 $ - $ 52 Collectively evaluated for impairment $ 134 $ 3,013 $ 912 $ 7,836 $ 73 $ 3,045 $ - $ 15,013 The provision for credit losses on loans was an expense of $ 403,000 in the first quarter of 2024 , compared to an expense of $ 309,000 in the same period in the prior year. The provision expense was deemed necessary due to the increase in reserve for collateral dependent loans and an increase in qualitative factors related to the value of underlying collateral for collateral dependent non owner occupied loans and consumer loans. The process to monitor the credit quality of ChoiceOne’s loan portfolio includes tracking (1) the risk ratings of business loans and (2) delinquent and nonperforming consumer loans. Business loans are risk rated on a scale of 1 to 9. A description of the characteristics of the ratings follows: Risk Rating 1 through 5 or pass: These loans are considered pass credits. They exhibit acceptable credit risk and demonstrate the ability to repay the loan from normal business operations. Risk rating 6 or special mention: Loans and other credit extensions bearing this grade are considered to be inadequately protected by the current sound worth and debt service capacity of the borrower or of any pledged collateral. These obligations, even if apparently protected by collateral value, have well-defined weaknesses related to adverse financial, managerial, economic, market, or political conditions that have clearly jeopardized repayment of principal and interest as originally intended. Furthermore, there is the possibility that ChoiceOne Bank will sustain some future loss if such weaknesses are not corrected. Clear loss potential, however, does not have to exist in any individual assets classified as substandard. Loans falling into this category should have clear action plans and timelines with benchmarks to determine which direction the relationship will move. Risk rating 7 or substandard: Loans and other credit extensions graded “7” have all the weaknesses inherent in those graded “6”, with the added characteristic that the severity of the weaknesses makes collection or liquidation in full highly questionable or improbable based upon currently existing facts, conditions, and values. Loans in this classification should be evaluated for non-accrual status. All nonaccrual commercial and Retail loans must be at a minimum graded a risk code “7”. Risk rating 8 or doubtful: Loans and other credit extensions bearing this grade have been determined to have the extreme probability of some loss, but because of certain important and reasonably specific factors, the amount of loss cannot be determined. Such pending factors could include merger or liquidation, additional capital injection, refinancing plans, or perfection of liens on additional collateral. Risk rating 9 or loss: Loans in this classification are considered uncollectible and cannot be justified as a viable asset of ChoiceOne Bank. This classification does not mean the loan has absolutely no recovery value, but that it is neither practical nor desirable to defer writing off this loan even though partial recovery may be obtained in the future. The following table reflects the amortized cost basis of loans as of March 31, 2024 based on year of origination (dollars in thousands): Commercial: 2024 2023 2022 2021 2020 Prior Term Loans Total Revolving Loans Grand Total Agricultural Pass $ 523 $ 2,000 $ 3,723 $ 3,047 $ 1,696 $ 22,303 $ 33,292 $ 8,440 $ 41,732 Special mention - - - - - 218 218 - 218 Substandard - - - - - - - - - Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ 523 $ 2,000 $ 3,723 $ 3,047 $ 1,696 $ 22,521 $ 33,510 $ 8,440 $ 41,950 Current year-to-date gross write-offs (1) $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial and Industrial Pass $ 4,323 $ 27,221 $ 42,317 $ 20,127 $ 9,891 $ 18,852 $ 122,731 $ 107,930 $ 230,661 Special mention - - 111 24 33 121 289 109 398 Substandard - - - - - 146 146 17 163 Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ 4,323 $ 27,221 $ 42,428 $ 20,151 $ 9,924 $ 19,119 $ 123,166 $ 108,056 $ 231,222 Current year-to-date gross write-offs (1) $ - $ - $ - $ - $ - $ 1 $ 1 $ - $ 1 Commercial Real Estate Pass $ 10,189 $ 151,579 $ 127,964 $ 105,078 $ 70,301 $ 176,176 $ 641,287 $ 153,046 $ 794,333 Special mention - - - - - 372 372 - 372 Substandard - - - - - - - - - Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ 10,189 $ 151,579 $ 127,964 $ 105,078 $ 70,301 $ 176,548 $ 641,659 $ 153,046 $ 794,705 Current year-to-date gross write-offs (1) $ - $ - $ - $ - $ - $ - $ - $ - $ - Total Commercial Loans $ 15,035 $ 180,800 $ 174,115 $ 128,276 $ 81,921 $ 218,188 $ 798,335 $ 269,542 $ 1,067,877 Retail: 2024 2023 2022 2021 2020 Prior Term Loans Total Revolving Loans Grand Total Consumer Performing $ 2,210 $ 9,011 $ 11,277 $ 6,201 $ 2,487 $ 2,100 $ 33,286 $ 782 $ 34,068 Nonperforming - - - - - - - - - Nonaccrual - 42 157 1 - - 200 - 200 Total $ 2,210 $ 9,053 $ 11,434 $ 6,202 $ 2,487 $ 2,100 $ 33,486 $ 782 $ 34,268 Current year-to-date gross write-offs (1) $ - $ 1 $ 33 $ 1 $ - $ 1 $ 36 $ - $ 36 Construction real estate Performing $ 960 $ 1,518 $ 148 $ 542 $ - $ - $ 3,168 $ 14,722 $ 17,890 Nonperforming - - - - - - - - - Nonaccrual - - - - - - - - - Total $ 960 $ 1,518 $ 148 $ 542 $ - $ - $ 3,168 $ 14,722 $ 17,890 Current year-to-date gross write-offs (1) $ - $ - $ - $ - $ - $ - $ - $ - $ - Residential real estate Performing $ 7,133 $ 52,345 $ 63,307 $ 28,034 $ 15,992 $ 50,977 $ 217,788 $ 49,220 $ 267,008 Nonperforming - - - - - - - - - Nonaccrual - 136 499 697 - 111 1,443 72 1,515 Total $ 7,133 $ 52,481 $ 63,806 $ 28,731 $ 15,992 $ 51,088 $ 219,231 $ 49,292 $ 268,523 Current year-to-date gross write-offs (1) $ - $ - $ - $ - $ - $ - $ - $ - $ - Loans to Other Financial Institutions Performing $ 30,032 $ - $ - $ - $ - $ - $ 30,032 $ - $ 30,032 Nonperforming - - - - - - - - - Nonaccrual - - - - - - - - - Total $ 30,032 $ - $ - $ - $ - $ - $ 30,032 $ - $ 30,032 Current year-to-date gross write-offs (1) $ - $ - $ - $ - $ - $ - $ - $ - $ - Total Retail Loans $ 40,335 $ 63,052 $ 75,388 $ 35,475 $ 18,479 $ 53,188 $ 285,917 $ 64,796 $ 350,713 The following table reflects the amortized cost basis of loans as of December 31, 2023 based on year of origination (dollars in thousands): Commercial: 2023 2022 2021 2020 2019 Prior Term Loans Total Revolving Loans Grand Total Agricultural Pass $ 5,015 $ 4,088 $ 3,078 $ 1,788 $ 7,028 $ 18,476 $ 39,473 $ 9,507 $ 48,980 Special mention - - - - 176 54 230 - 230 Substandard - - - - - - - - - Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ 5,015 $ 4,088 $ 3,078 $ 1,788 $ 7,204 $ 18,530 $ 39,703 $ 9,507 $ 49,210 Current year-to-date gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial and Industrial Pass $ 23,600 $ 45,489 $ 23,462 $ 10,502 $ 9,214 $ 11,882 $ 124,149 $ 105,559 $ 229,708 Special mention - - 28 35 73 64 200 3 203 Substandard - - - - - 4 4 - 4 Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ 23,600 $ 45,489 $ 23,490 $ 10,537 $ 9,287 $ 11,950 $ 124,353 $ 105,562 $ 229,915 Current year-to-date gross write-offs $ - $ 55 $ 30 $ 71 $ - $ 2 $ 158 $ - $ 158 Commercial Real Estate Pass $ 149,181 $ 134,289 $ 107,033 $ 71,754 $ 43,846 $ 136,361 $ 642,464 $ 143,120 $ 785,584 Special mention - - - - - 1,337 1,337 - 1,337 Substandard - - - - - - - - - Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ 149,181 $ 134,289 $ 107,033 $ 71,754 $ 43,846 $ 137,698 $ 643,801 $ 143,120 $ 786,921 Current year-to-date gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Total Commercial Loans $ 177,796 $ 183,866 $ 133,601 $ 84,079 $ 60,337 $ 168,178 $ 807,857 $ 258,189 $ 1,066,046 Retail: 2023 2022 2021 2020 2019 Prior Term Loans Total Revolving Loans Grand Total Consumer Performing $ 9,775 $ 13,876 $ 6,771 $ 2,849 $ 1,260 $ 1,202 $ 35,733 $ 808 $ 36,541 Nonperforming - - - - - - - - - Nonaccrual - - - - - - - - - Total $ 9,775 $ 13,876 $ 6,771 $ 2,849 $ 1,260 $ 1,202 $ 35,733 $ 808 $ 36,541 Current year-to-date gross write-offs $ 8 $ 24 $ 11 $ 28 $ - $ 1 $ 72 $ - $ 72 Construction real estate Performing $ 2,507 $ 2,719 $ 552 $ - $ - $ - $ 5,778 $ 15,158 $ 20,936 Nonperforming - - - - - - - - - Nonaccrual - - - - - - - - - Total $ 2,507 $ 2,719 $ 552 $ - $ - $ - $ 5,778 $ 15,158 $ 20,936 Current year-to-date gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Residential real estate Performing $ 54,231 $ 64,768 $ 28,301 $ 16,391 $ 12,556 $ 40,270 $ 216,517 $ 49,491 $ 266,008 Nonperforming - - - - - - - - - Nonaccrual - 380 826 - - 486 1,692 30 1,722 Total $ 54,231 $ 65,148 $ 29,127 $ 16,391 $ 12,556 $ 40,756 $ 218,209 $ 49,521 $ 267,730 Current year-to-date gross write-offs $ - $ 26 $ - $ - $ - $ 1 $ 27 $ - $ 27 Loans to Other Financial Institutions Performing $ 19,400 $ - $ - $ - $ - $ - $ 19,400 $ - $ 19,400 Nonperforming - - - - - - - - - Nonaccrual - - - - - - - - - Total $ 19,400 $ - $ - $ - $ - $ - $ 19,400 $ - $ 19,400 Current year-to-date gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Total Retail Loans $ 85,913 $ 81,743 $ 36,450 $ 19,240 $ 13,816 $ 41,958 $ 279,120 $ 65,487 $ 344,607 (1) It is noted that write-offs in the table above do not include checking account write offs. Checking account write-offs during the first three months of 2024 were $ 87,000 or an annualized $ 348,000 compared to $ 480,000 during the full year 2023. The following table presents the amortized cost basis of the loans modified to borrowers experiencing financial difficulty disaggregated by class of financing receivable and type of concession granted during 2023. There have been no loans modified due to borrowers experiencing financial difficulty as of March 31, 2024. For the period ended: December 31, 2023 Term Extension % of Total Class of (Dollars in thousands) Amortized Financing Cost Basis Receivable Commercial and industrial $ 60 0 % Residential real estate 129 0 % Total $ 189 The following table presents the financial effect by type of modification made to borrowers experiencing financial difficulty and class of financing receivable during 2023. There have been no loans modified due to borrowers experiencing financial difficulty as of March 31, 2024. For the period ended: December 31, 2023 Term Extension Commercial and industrial Termed out line of credit & termed out draw note Residential real estate Provided with new twelve month payment plan to catch up on past due balance. The following table presents the period-end amortized cost basis of financing receivables that had a payment default during the period and were modified in the 12 months before default to borrowers experiencing financial difficulty. For the period ended: March 31, 2024 (Dollars in thousands) Term extension Commercial and industrial 52 Residential real estate 126 Total $ 178 For the period ended: December 31, 2023 (Dollars in thousands) Term extension Commercial and industrial 60 Residential real estate 129 Total $ 189 The following table presents the period-end amortized cost basis of loans that have been modified in the past 12 months to borrowers experiencing financial difficulty by payment status and class of financing receivable. For the period ended: March 31, 2024 (Dollars in thousands) Current 30-89 days Greater than 90 days Total Commercial and industrial $ 52 - - $ 52 Residential real estate - - 126 126 Total $ 52 $ - $ 126 $ 178 For the period ended: December 31, 2023 (Dollars in thousands) Current 30-89 days Greater than 90 days Total Commercial and industrial $ 60 $ - $ - $ 60 Residential real estate - - 129 129 Total $ 60 $ - $ 129 $ 189 Nonaccrual loans by loan category were as follows: As of March 31, 2024 (Dollars in thousands) Nonaccrual loans with no ACL Total nonaccrual loans Interest income recognized during the period on nonaccrual loans Consumer $ 43 $ 200 $ 5 Residential real estate 436 1,515 3 Total nonaccrual loans $ 479 $ 1,715 $ 8 As of March 31, 2023 (Dollars in thousands) Nonaccrual loans with no ACL Total nonaccrual loans Interest income recognized during the period on nonaccrual loans Residential real estate $ 1,432 $ 1,596 $ - Total nonaccrual loans $ 1,432 $ 1,596 $ - As of December 31, 2023 (Dollars in thousands) Nonaccrual loans with no ACL Total nonaccrual loans Interest income recognized during the period on nonaccrual loans Commercial and industrial $ - $ 1 $ - Residential real estate 707 1,722 16 Total nonaccrual loans $ 707 $ 1,723 $ 16 An aging analysis of loans by loan category follows: Loans Loans Loans Loans Past Due 90 Days Past Due Past Due Greater Past (Dollars in thousands) 30 to 59 60 to 89 Than 90 Loans Not Total Due and Days (1) Days (1) Days (1) Total (1) Past Due Loans Accruing March 31, 2024 Agricultural $ - $ - $ - $ - $ 41,950 $ 41,950 $ - Commercial and industrial - - - - 231,222 231,222 - Consumer 31 94 4 129 34,139 34,268 - Commercial real estate 173 - - 173 794,532 794,705 - Construction real estate - - - - 17,890 17,890 - Residential real estate 873 770 126 1,769 266,754 268,523 Loans to Other Financial Institutions - - - - 30,032 30,032 $ 1,077 $ 864 $ 130 $ 2,071 $ 1,416,519 $ 1,418,590 $ - December 31, 2023 Agricultural $ - $ - $ - $ - $ 49,210 $ 49,210 $ - Commercial and industrial - - 1 1 229,914 229,915 - Consumer 31 2 - 33 36,508 36,541 - Commercial real estate 173 - - 173 786,748 786,921 - Construction real estate - - - - 20,936 20,936 - Residential real estate 755 549 870 2,174 265,556 267,730 - Loans to Other Financial Institutions - - - - 19,400 19,400 $ 959 $ 551 $ 871 $ 2,381 $ 1,408,272 $ 1,410,653 $ - (1) Includes nonaccrual loans.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2024
Financial Instruments
Earnings Per Share	NOTE 4 – EARNINGS PER SHARE Earnings per share are based on the weighted average number of shares outstanding during the period. A computation of basic earnings per share and diluted earnings per share follows: Three Months Ended (Dollars in thousands, except share data) March 31, 2024 2023 Basic Net income $ 5,634 $ 5,633 Weighted average common shares outstanding 7,552,680 7,519,282 Basic earnings per common shares $ 0.75 $ 0.75 Diluted Net income $ 5,634 $ 5,633 Weighted average common shares outstanding 7,552,680 7,519,282 Plus dilutive stock options and restricted stock units 47,336 33,047 Weighted average common shares outstanding and potentially dilutive shares 7,600,016 7,552,329 Diluted earnings per common share $ 0.74 $ 0.75 There were 4,500 stock options that were considered anti-dilutive to earnings per share for the three months ended March 31 2024. There were no stock options that were considered anti-dilutive to earnings per share for the three months ended March 31, 2023.

Financial Instruments

Financial Instruments	3 Months Ended
	Mar. 31, 2024
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Financial Instruments	Note 5 – Financial Instruments Financial instruments as of the dates indicated were as follows: Quoted Prices In Active Significant Markets for Other Significant Identical Observable Unobservable (Dollars in thousands) Carrying Estimated Assets Inputs Inputs Amount Fair Value (Level 1) (Level 2) (Level 3) March 31, 2024 Assets Cash and cash equivalents $ 150,129 $ 150,129 $ 150,129 $ - $ - Equity securities at fair value 7,560 7,560 4,705 - 2,855 Securities available for sale 504,636 504,636 79,276 425,360 - Securities held to maturity 397,981 339,210 - 326,243 12,967 Federal Home Loan Bank and Federal Reserve Bank stock 9,515 9,515 - 9,515 - Loans held for sale 6,035 6,216 - 6,216 - Loans, net 1,402,553 1,360,841 - - 1,360,841 Accrued interest receivable 11,454 11,454 - 11,454 - Interest rate lock commitments 73 73 - 73 - Interest rate derivative contracts 20,231 20,231 - 20,231 - Loan swaps 18 18 - 18 - Liabilities Noninterest-bearing deposits 502,685 502,685 502,685 - - Interest-bearing deposits 1,641,193 1,639,387 - 1,639,387 - Brokered deposits 41,970 41,900 - 41,900 - Borrowings 210,000 209,629 - 209,629 - Subordinated debentures 35,568 31,659 - 31,659 - Accrued interest payable 2,955 2,955 - 2,955 - Interest rate derivative contracts - - - - - Loan swaps 18 18 - 18 - December 31, 2023 Assets Cash and cash equivalents $ 55,433 $ 55,433 $ 55,433 $ - $ - Equity securities at fair value 7,505 7,505 4,749 - 2,756 Securities available for sale 514,598 514,598 80,194 434,404 - Securities held to maturity 407,959 348,791 - 335,493 13,298 Federal Home Loan Bank and Federal Reserve Bank stock 9,514 9,514 - 9,514 - Loans held for sale 4,710 4,851 - 4,851 - Loans, net 1,394,968 1,362,920 - - 1,362,920 Accrued interest receivable 10,066 10,066 - 10,066 - Interest rate lock commitments 64 64 - 64 - Interest rate derivative contracts 8,880 8,880 - 8,880 - Liabilities Noninterest-bearing deposits 547,625 547,625 547,625 - - Interest-bearing deposits 1,550,985 1,549,386 - 1,549,386 - Brokered deposits 23,445 23,435 - 23,435 - Borrowings 200,000 199,743 - 199,743 - Subordinated debentures 35,507 31,748 - 31,748 - Accrued interest payable 6,223 6,223 - 6,223 - Interest rate derivative contracts - - - - -

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	NOTE 6 – FAIR VALUE MEASUREMENTS The following tables present information about the Company’s assets and liabilities measured at fair value on a recurring basis at March 31, 2024 and December 31, 2023, and the valuation techniques used by the Company to determine those fair values. In general, fair values determined by Level 1 inputs use quoted prices in active markets for identical assets or liabilities that the Company has the ability to access. Fair values determined by Level 2 inputs use other inputs that are observable, either directly or indirectly. These Level 2 inputs include quoted prices for similar assets and liabilities in active markets, and other inputs such as interest rates and yield curves that are observable at commonly quoted intervals. Level 3 inputs are unobservable inputs, including inputs that are available in situations where there is little, if any, market activity for the related asset or liability. In instances where inputs used to measure fair value fall into different levels in the above fair value hierarchy, fair value measurements in their entirety are categorized based on the lowest level input that is significant to the valuation. The Company’s assessment of the significance of particular inputs to these fair value measurements requires judgment and considers factors specific to each asset or liability. Disclosures concerning assets and liabilities measured at fair value are as follows: Assets and Liabilities Measured at Fair Value on a Recurring Basis Quoted Prices In Active Significant Markets for Other Significant Identical Observable Unobservable Balance (Dollars in thousands) Assets Inputs Inputs at Date (Level 1) (Level 2) (Level 3) Indicated Equity Securities Held at Fair Value - March 31, 2024 Equity securities $ 4,705 $ - $ 2,855 $ 7,560 Investment Securities, Available for Sale - March 31, 2024 U.S. Treasury notes and bonds $ 79,276 $ - $ - $ 79,276 State and municipal - 230,928 - 230,928 Mortgage-backed - 183,750 - 183,750 Corporate - 204 - 204 Asset-backed securities - 10,478 - 10,478 Total $ 79,276 $ 425,360 $ - $ 504,636 Derivative Instruments - March 31, 2024 Interest rate derivative contracts - assets $ - $ 20,231 $ - $ 20,231 Interest rate derivative contracts - liabilities $ - $ - $ - $ - Loan Swaps - March 31, 2024 Loan swaps - assets $ - $ 18 $ - $ 18 Loan swaps - liabilities $ - $ 18 $ - $ 18 Equity Securities Held at Fair Value - December 31, 2023 Equity securities $ 4,749 $ - $ 2,756 $ 7,505 Investment Securities, Available for Sale - December 31, 2023 U. S. Treasury notes and bonds $ 80,194 $ - $ - $ 80,194 State and municipal - 234,682 - 234,682 Mortgage-backed - 188,501 - 188,501 Corporate - 204 - 204 Asset-backed securities - 11,017 - 11,017 Total $ 80,194 $ 434,404 $ - $ 514,598 Derivative Instruments - December 31, 2023 Interest rate derivative contracts - assets $ - $ 8,880 $ - $ 8,880 Interest rate derivative contracts - liabilities $ - $ - $ - $ - Securities classified as available for sale are generally reported at fair value utilizing Level 2 inputs. ChoiceOne’s external investment advisor obtained fair value measurements from an independent pricing service that uses matrix pricing, which is a mathematical technique widely used in the industry to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities' relationship to other benchmark quoted securities (Level 2 inputs). The fair value measurements considered observable data that may include dealer quotes, market spreads, cash flows and the bonds' terms and conditions, among other things. Securities classified in Level 2 included U.S. Government and federal agency securities, state and municipal securities, mortgage-backed securities, corporate bonds, and asset backed securities. The Company classified certain state and municipal securities and corporate bonds, and equity securities as Level 3. Based on the lack of observable market data, estimated fair values were based on the observable data available and reasonable unobservable market data. Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis Three Months Ended (Dollars in thousands) March 31, 2024 2023 Equity Securities Held at Fair Value Balance, January 1 $ 2,756 $ 2,542 Total realized and unrealized gains included in noninterest income 79 25 Net purchases, sales, calls, and maturities 20 70 Net transfers into Level 3 - - Balance, March 31, $ 2,855 $ 2,637 Amount of total losses for the period included in earning attributable to the change in $ 1 $ 5 Of the Level 3 assets that were held by the Company at March 31, 2024, the net unrealized gain as of March 31, 2024 was $ 291,000 , compared to $ 165,000 as of March 31, 2023. The change in the net unrealized gain or loss is recognized in noninterest income or other comprehensive income in the consolidated balance sheets and income statements. Amounts recognized in noninterest income relate to changes in equity securities. A total of $ 20,000 and $ 70,000 of Level 3 securities were purchased during the three months ended 2024 and 2023, respectively. Both observable and unobservable inputs may be used to determine the fair value of positions classified as Level 3 assets and liabilities. As a result, the unrealized gains and losses for these assets and liabilities presented in the tables above may include changes in fair value that were attributable to both observable and unobservable inputs. The Company also has assets that under certain conditions are subject to measurement at fair value on a non-recurring basis. These assets are not normally measured at fair value, but can be subject to fair value adjustments in certain circumstances, such as impairment. Disclosures concerning assets measured at fair value on a non-recurring basis are as follows: Assets Measured at Fair Value on a Non-recurring Basis Quoted Prices In Active Significant Markets for Other Significant Balances at Identical Observable Unobservable (Dollars in thousands) Dates Assets Inputs Inputs Indicated (Level 1) (Level 2) (Level 3) Collateral Dependent Loans March 31, 2024 $ 1,611 $ - $ - $ 1,611 December 31, 2023 $ 387 $ - $ - $ 387 Other Real Estate March 31, 2024 $ 122 $ - $ - $ 122 December 31, 2023 $ 122 $ - $ - $ 122 Collateral dependent loans classified as Level 3 are loans for which the repayment is expected to be provided substantially through the sale or operation of the collateral when the borrower is experiencing financial difficulty. The fair value of the collateral should be adjusted for estimated costs to sell if the repayment depends on the sale of the collateral. The net carrying amount of the loan should not exceed the fair value of the collateral (less costs to sell, if applicable).

Revenue From Contracts With Cus

Revenue From Contracts With Customers	3 Months Ended
	Mar. 31, 2024
Financial Instruments
Revenue from Contracts with Customers	NOTE 7 – REVENUE FROM CONTRACTS WITH CUSTOMERS ChoiceOne has a variety of sources of revenue, which include interest and fees from customers as well as revenue from non-customers. ASC Topic 606, Revenue from Contracts with Customers, covers certain sources of revenue that are classified within noninterest income in the Consolidated Statements of Income. Sources of revenue that are included in the scope of ASC Topic 606 include service charges and fees on deposit accounts, interchange income, investment asset management income and transaction-based revenue, and other charges and fees for customer services. Service Charges and Fees on Deposit Accounts Revenue includes charges and fees to provide account maintenance, overdraft services, wire transfers, funds transfer, and other deposit-related services. Account maintenance fees such as monthly service charges are recognized over the period of time that the service is provided. Transaction fees such as wire transfer charges are recognized when the service is provided to the customer. Interchange Income Revenue includes debit card interchange and network revenues. This revenue is earned on debit card transactions that are conducted through payment networks such as MasterCard. The revenue is recorded as services are delivered and is presented net of interchange expenses. Investment Commission Income Revenue includes fees from the investment management advisory services and revenue is recognized when services are rendered. Revenue also includes commissions received from the placement of brokerage transactions for purchase or sale of stocks or other investments. Commission income is recognized when the transaction has been completed. Trust Fee Income Revenue includes fees from the management of trust assets and from other related advisory services. Revenue is recognized when services are rendered. Following is noninterest income separated by revenue within the scope of ASC 606 and revenue within the scope of other GAAP topics: Three Months Ended March 31, (Dollars in thousands) 2024 2023 Service charges and fees on deposit accounts $ 1,118 $ 1,027 Interchange income 1,287 1,240 Investment commission income 198 196 Trust fee income 213 184 Other charges and fees for customer services 149 137 Noninterest income from contracts with customers 2,965 2,784 Noninterest income within the scope of other GAAP topics 1,086 887 Total noninterest income $ 4,051 $ 3,671

Derivative and Hedging Activiti

Derivative and Hedging Activities	3 Months Ended
	Mar. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative and Hedging Activities	NOTE 8 – DERIVATIVE AND HEDGING ACTIVITIES ChoiceOne is exposed to certain risks relating to its ongoing business operations. ChoiceOne utilizes interest rate derivatives as part of its asset liability management strategy to help manage its interest rate risk position. Derivative instruments represent contracts between parties that result in one party delivering cash to the other party based on a notional amount and an underlying term (such as a rate, security price or price index) as specified in the contract. The amount of cash delivered from one party to the other is determined based on the interaction of the notional amount of the contract with the underlying term. Derivatives are also implicit in certain contracts and commitments. ChoiceOne recognizes derivative financial instruments in the consolidated financial statements at fair value regardless of the purpose or intent for holding the instrument. ChoiceOne records derivative assets and derivative liabilities on the balance sheet within other assets and other liabilities, respectively. Changes in the fair value of derivative financial instruments are either recognized in income or in shareholders’ equity as a component of accumulated other comprehensive income or loss depending on whether the derivative financial instrument qualifies for hedge accounting and, if so, whether it qualifies as a fair value hedge or cash flow hedge. Interest rate swaps ChoiceOne uses interest rate swaps as part of its interest rate risk management strategy to add stability to net interest income and to manage its exposure to interest rate movements. Interest rate swaps designated as hedges involve the receipt of variable-rate amounts from a counterparty in exchange for ChoiceOne making fixed-rate payments or the receipt of fixed-rate amounts from a counterparty in exchange for ChoiceOne making variable rate payments, over the life of the agreements without the exchange of the underlying notional amount. In the second quarter of 2022, ChoiceOne entered into two pay-floating/receive-fixed interest rate swaps (the “Pay Floating Swap Agreements”) for a total notional amount of $ 200.0 million that were designated as cash flow hedges. These derivatives hedge the variable cash flows of specifically identified available-for-sale securities, cash and loans. The Pay Floating Swap Agreements were determined to be highly effective during the periods presented and therefore no amount of ineffectiveness has been included in net income. The Pay Floating Swap Agreements pay a coupon rate equal to SOFR while receiving a fixed coupon rate of 2.41 %. In March 2023, ChoiceOne terminated all Pay Floating Swap Agreements for a cash payment of $ 4.2 million. The loss will be amortized into interest income over 13 months, which was the remaining period of the swap agreements. The remaining loss to be fully amortized is $ 205,000 , which will be complete in April 2024. In the second quarter of 2022, ChoiceOne entered into one forward starting pay-fixed/receive-floating interest rate swap (the “Pay Fixed Swap Agreement”) for a notional amount of $ 200.0 million that was designated as a cash flow hedge. This derivative hedges the risk of variability in cash flows attributable to forecasted payments on future deposits or floating rate borrowings indexed to the SOFR Rate. The Pay Fixed Swap Agreement is two years forward starting with an eight-year term set to expire in 2032. The Pay Fixed Swap Agreements will pay a fixed coupon rate of 2.75 % while receiving the SOFR Rate, which begins in April 2024. In the fourth quarter of 2022, ChoiceOne entered into four pay-fixed/receive-floating interest rate swaps for a total notional amount of $ 201.0 million that were designated as fair value hedges. These derivatives hedge the risk of changes in fair value of certain available for sale securities for changes in the SOFR benchmark interest rate component of the fixed rate bonds. All four of these hedges were effective immediately on December 22, 2022. Of the total notional value, $ 101.9 million has a ten-year term set to expire in 2032, with the benchmark SOFR interest rate risk component of the fixed rate bonds equal to 3.390 %. Of the total notional value, $ 50.0 million has a nine-year term set to expire in 2031, with the benchmark SOFR interest rate risk component of the fixed rate bonds equal to 3.4015 %. The remaining notional value of $ 49.1 million has a nine-year term set to expire in 2031, with the benchmark SOFR interest rate risk component of the fixed rate bond equal to 3.4030 %. ChoiceOne adopted ASC2022-01, as of December 20, 2022, to use the portfolio layer method. The fair value basis adjustment associated with available-for-sale fixed rate bonds initially results in an adjustment to AOCI. For available-for-sale securities subject to fair value hedge accounting, the changes in the fair value of the fixed rate bonds related to the hedged risk (the benchmark interest rate component and the partial term) are then reclassed from AOCI to current earnings offsetting the fair value measurement change of the interest rate swap, which is also recorded in current earnings. Net cash settlements are received/paid semi-annually, with the first starting in March 2023, and will be included in interest income. Net settlements received on these four pay-fixed/receive-floating swaps were $ 1.0 million and $ 565,000 for the three months ended March 31, 2024 and 2023, respectively, which were included in interest income. The table below presents the fair value of derivative financial instruments as well as the classification within the consolidated statements of financial condition: March 31, 2024 December 31, 2023 (Dollars in thousands) Balance Sheet Location Fair Value Balance Sheet Location Fair Value Derivatives designated as hedging instruments Interest rate contracts Other Assets $ 20,231 Other Assets $ 8,880 Interest rate contracts Other Liabilities $ - Other Liabilities $ - The table below presents the effect of fair value and cash flow hedge accounting on the consolidated statements of operations for the periods presented: Location and Amount of Gain or (Loss) Recognized in Income on Fair Value and Cash Flow Hedging Relationships Three months ended March 31, 2024 Three months ended March 31, 2023 (Dollars in thousands) Interest Income Interest Expense Interest Income Interest Expense Total amounts of income and expense line items presented in the consolidated statements of income in which the effects of fair value or cash flow hedges are recorded $ 58 $ - $ ( 366 ) $ - Gain or (loss) on fair value hedging relationships: Interest rate contracts: Hedged items $ ( 5,323 ) $ - $ 6,022 $ - Derivatives designated as hedging instruments $ 5,265 $ - $ ( 5,960 ) $ - Amount excluded from effectiveness testing recognized in earnings based on amortization approach $ - $ - $ - $ - Gain or (loss) on cash flow hedging relationships: Interest rate contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive income into income $ ( 887 ) $ - $ ( 156 ) $ - Amount excluded from effectiveness testing recognized in earnings based on amortization approach $ - $ - $ - $ - The table below presents the cumulative basis adjustments on hedged items designated as fair value hedges and the related amortized cost of those items as of the periods presented: March 31, 2024 Cumulative amount of Fair (Dollars in thousands) Value Hedging Adjustment Line Item in the Statement of included in the carrying Financial Position in which the Amortized cost of the amount of the Hedged Hedged Item is included Hedged Assets/(Liabilities) Assets/(Liabilities) Securities available for sale $ 222,194 $ ( 5,719 )

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include ChoiceOne Financial Services, Inc. (“ChoiceOne”), its wholly-owned subsidiaries, ChoiceOne Bank (the “Bank”) and 109 Technologies, LLC, and ChoiceOne Bank’s wholly-owned subsidiary, ChoiceOne Insurance Agencies, Inc. (the “Insurance Agency”). Intercompany transactions and balances have been eliminated in consolidation. ChoiceOne owns all of the common securities of Community Shores Capital Trust I (the “Capital Trust”). Under U.S. generally accepted accounting principles (“GAAP”), the Capital Trust is not consolidated because it is a variable interest entity and ChoiceOne is not the primary beneficiary. The accompanying unaudited consolidated financial statements and notes thereto reflect all adjustments ordinary in nature which are, in the opinion of management, necessary for a fair presentation of such financial statements. Operating results for the three months ended March 31, 2024, are not necessarily indicative of the results that may be expected for the year ending December 31, 2024. The accompanying consolidated financial statements should be read in conjunction with the audited consolidated financial statements and footnotes thereto included in ChoiceOne’s Annual Report on Form 10-K for the year ended December 31, 2023 .
Use of Estimates	Use of Estimates To prepare financial statements in conformity with accounting principles generally accepted in the United States of America, ChoiceOne’s management makes estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the financial statements and the disclosures provided. These estimates and assumptions are subject to many risks and uncertainties, and actual results may differ from these estimates. Estimates associated with the allowance for credit losses and the unrealized gains and losses on securities available for sale and held to maturity are particularly susceptible to change.
Goodwill	Goodwill Goodwill results from business acquisitions and represents the excess of the purchase price over the fair value of the acquired tangible assets and liabilities and identifiable intangible assets. Goodwill and intangible assets acquired in a purchase business combination and determined to have an indefinite useful life are not amortized, but tested for impairment at least annually or more frequently if events and circumstances exist that indicate that a goodwill impairment test should be performed.
Core Deposit Intangible	Core Deposit Intangible Core deposit intangible represents the value of the acquired customer core deposit bases and is included as an asset on the consolidated balance sheets. The core deposit intangible has an estimated finite life, is amortized on an accelerated basis over a 120 month period and is subject to periodic impairment evaluation.
Stock Transactions	Stock Transactions A total of 3,822 shares of common stock were issued to ChoiceOne’s Board of Directors for a cash price of $ 112,000 under the terms of the Directors’ Stock Purchase Plan in the first quarter of 2024 . A total of 2,400 shares for a cash price of $ 56,000 were issued under the Employee Stock Purchase Plan in the first quarter of 2024 . ChoiceOne's common stock repurchase program announced in April 2021 and amended in 2022, authorizes repurchases of up to 375,388 shares, representing 5 % of the total outstanding shares of common stock as of the date the program was adopted. No shares were repurchased under this program in the first quarter of 2024 .
Reclassifications	Reclassifications Certain amounts presented in prior periods have been reclassified to conform to the current presentation.
Allowance for Credit Losses ("ACL")	Allowance for Credit Losses (“ACL”) The ACL is a valuation allowance for expected credit losses. The ACL is increased by the provision for credit losses and decreased by loans charged off less any recoveries of charged off loans. As ChoiceOne has had very limited loss experience since 2011, management elected to utilize benchmark peer loss history data to estimate historical loss rates. ChoiceOne identified an appropriate peer group for each loan cohort which shared similar characteristics. Management estimates the ACL required based on the selected peer group loan loss experience, the nature and volume of the loan portfolio, information about specific borrower situations and estimated collateral values, a reasonable and supportable economic forecast, and other factors. Allocations of the ACL may be made for specific loans, but the entire ACL is available for any loan that, in management’s judgment, should be charged off. Loan losses are charged against the ACL when management believes that collection of a loan balance is not possible. The ACL consists of general and specific components. The general component covers loans collectively evaluated for credit losses and is based on peer historical loss experience adjusted for current and forecasted factors. Management’s adjustment for current and forecasted factors is based on trends in delinquencies, trends in charge-offs and recoveries, trends in the volume of loans, changes in underwriting standards, trends in loan review findings, the experience and ability of lending staff, and a reasonable and supportable economic forecast described further below. The discounted cash flow methodology is utilized for all loan pools. This methodology is supported by our CECL software provider and allows management to calculate contractual life by factoring in all cash flows and adjusting them for behavioral and credit-related aspects. Reasonable and supportable economic forecasts have to be incorporated in determining expected credit losses. The forecast period represents the time frame from the current period end through the point in time that we can reasonably forecast and support entity and environmental factors that are expected to impact the performance of our loan portfolio. Ideally, the economic forecast period would encompass the contractual terms of all loans; however, the ability to produce a forecast that is considered reasonable and supportable becomes more difficult or may not be possible in later periods. Subsequent to the end of the forecast period, we revert to historical loan data based on an ongoing evaluation of each economic forecast in relation to then current economic conditions as well as any developing loan loss activity and resulting historical data. As of March 31, 2024, we used a one-year reasonable and supportable economic forecast period, with a two year straight-line reversion period. We are not required to develop and use our own economic forecast model, and we elected to utilize economic forecasts from third-party providers that analyze and develop forecasts of the economy for the entire United States at least quarterly. Other inputs to the calculation are also updated or reviewed quarterly. Prepayment speeds are updated on a one quarter lag based on the asset liability model from the previous quarter. This model is performed at the loan level. Curtailment is updated quarterly within the ACL model based on our peer group average. The reversion period is reviewed by management quarterly with consideration of the current economic climate. We are also required to consider expected credit losses associated with loan commitments over the contractual period in which we are exposed to credit risk on the underlying commitments unless the obligation is unconditionally cancellable by us. Any allowance for off-balance sheet credit exposures is reported as an other liability on our Consolidated Balance Sheet and is increased or decreased via the provision for credit losses account on our Consolidated Statement of Income. The calculation includes consideration of the likelihood that funding will occur and forecasted credit losses on commitments expected to be funded over their estimated lives. The allowance is calculated using the same aggregate reserve rates calculated for the funded portion of loans at the portfolio level applied to the amount of commitments expected to be funded. Loans that do not share risk characteristics are evaluated on an individual basis and are excluded from the collective evaluation. ChoiceOne has determined that any loans which have been placed on non-performing status, loans with a risk rating of 6 or higher, and loans past due more than 60 days will be assessed individually for evaluation. Management’s judgment will be used to determine if the loan should be migrated back to pool on an individual basis. Individual analysis will establish a specific reserve for loans in scope. Specific reserves on non-performing loans are typically based on management’s best estimate of the fair value of collateral securing these loans, adjusted for selling costs as appropriate or based on the present value of the expected cash flows from that loan.
Securities	Securities Debt 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. ​ Debt securities are classified as available for sale because they might be sold before maturity. Debt securities classified as available for sale are carried at fair value, with unrealized holding gains and losses reported separately in the accumulated other comprehensive income or loss section of shareholders’ equity, net of tax effect. Restricted investments in Federal Reserve Bank stock and Federal Home Loan Bank stock are carried at cost. Equity securities consist of investments in preferred stock and investments in common stock of other financial institutions. Equity securities are reported at their fair value with changes in market value reported through current earnings. Interest income includes amortization of purchase premium or discount. Premiums and discounts on securities are amortized using the level-yield method without anticipating prepayments. Gains or losses on sales are recorded on the trade date based on the amortized cost of the security sold. Securities Available for Sale ("AFS") – For securities AFS in an unrealized loss position, management determines whether they intend to sell or if it is more likely than not that ChoiceOne will be required to sell the security before recovery of the amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written down to fair value through income with an allowance being established under CECL. For securities AFS with unrealized losses not meeting these criteria, management evaluates whether any decline in fair value is due to credit loss factors. In making this assessment, management considers any changes to the rating of the security by rating agencies and adverse conditions specifically related to the issuer of the security, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of the cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an allowance for credit losses (“ACL”) is recorded for the credit loss, limited by the amount that the fair value is less than the amortized cost basis. Changes in the ACL under ASC 326-30 are recorded as provisions for (or reversal of) credit loss expense. Losses are charged against the allowance when the collectability of a security AFS is confirmed or when either of the criteria regarding intent or requirement to sell is met. Any impairment that has not been recorded through an ACL is recognized in other comprehensive income, net of income taxes. At March 31, 2024, there was no ACL related to securities AFS. Accrued interest receivable on securities AFS was excluded from the estimate of credit losses. Securities Held to Maturity ("HTM") – Since the adoption of CECL, ChoiceOne measures credit losses on securities HTM on a collective basis by major security type with each type sharing similar risk characteristics, and considers historical credit loss information that is adjusted for current conditions and reasonable and supportable forecasts. The ACL on HTM securities is a contra asset valuation account that is deducted from the carrying amount of securities HTM to present the net amount expected to be collected. HTM securities are charged off against the ACL when deemed uncollectible. Adjustments to the ACL are reported in ChoiceOne’s Consolidated Statements of Income in the provision for credit losses. Accrued interest receivable on securities HTM is excluded from the estimate of credit losses. With regard to US Treasury securities, these have an explicit government guarantee; therefore, no ACL is recorded for these securities. With regard to obligations of states and political subdivisions and other HTM securities, management considers (1) issuer bond ratings, (2) historical loss rates for given bond ratings, (3) the financial condition of the issuer, and (4) whether issuers continue to make timely principal and interest payments under the contractual terms of the securities. A discounted cash flow method will be used to determine the reserve required for any credit losses on HTM securities. At March 31, 2024, the ACL related to securities HTM is insignificant.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Improvements to Income Tax Disclosure ASU 2023-09 enhances transparency by requiring consistent categorization, greater disaggregation, and detailed disclosure related to income taxes paid. These changes aim to help users of financial statements understand factors contributing to differences between effective and statutory tax rates. The disclosure is effective for annual reporting periods beginning after December 15, 2024.

Securities (Tables)

Securities (Tables)	3 Months Ended
	Mar. 31, 2024
Debt Securities, Trading, and Equity Securities, FV-NI, Cost [Abstract]
Schedule of Gross Unrealized Gains and (Losses)	The fair value of equity securities and the related gross unrealized gains and (losses) recognized in noninterest income were as follows: March 31, 2024 Gross Gross (Dollars in thousands) Amortized Unrealized Unrealized Fair Cost Gains Losses Value Equity securities $ 7,980 $ 292 $ ( 712 ) $ 7,560 December 31, 2023 Gross Gross (Dollars in thousands) Amortized Unrealized Unrealized Fair Cost Gains Losses Value Equity securities $ 7,960 $ 212 $ ( 667 ) $ 7,505
Schedule of Gross Unrealized Gains and Losses on Investment Securities Available for Sale Recognized in Accumulated Other Comprehensive Income (loss)	The following tables present the amortized cost and fair value of securities available for sale and the gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) and the amortized cost and fair value of securities held to maturity and the related gross unrealized gains and losses: March 31, 2024 Gross Gross (Dollars in thousands) Amortized Unrealized Unrealized Fair Available for Sale: Cost Gains Losses Value U.S. Treasury notes and bonds $ 90,229 $ - $ ( 10,953 ) $ 79,276 State and municipal 263,439 - ( 32,511 ) 230,928 Mortgage-backed 207,478 29 ( 23,757 ) 183,750 Corporate 250 - ( 46 ) 204 Asset-backed securities 10,729 - ( 251 ) 10,478 Total $ 572,125 $ 29 $ ( 67,518 ) $ 504,636 (Dollars in thousands) Held to Maturity: U.S. Government and federal agency $ 2,974 $ - $ ( 322 ) $ 2,652 State and municipal 195,710 9 ( 31,086 ) 164,633 Mortgage-backed 178,818 - ( 24,692 ) 154,126 Corporate 20,021 20 ( 2,679 ) 17,362 Asset-backed securities 458 - ( 21 ) 437 Total $ 397,981 $ 29 $ ( 58,800 ) $ 339,210 December 31, 2023 Gross Gross (Dollars in thousands) Amortized Unrealized Unrealized Fair Available for Sale: Cost Gains Losses Value U.S. Treasury notes and bonds $ 90,345 $ - $ ( 10,151 ) $ 80,194 State and municipal 269,918 - ( 35,236 ) 234,682 Mortgage-backed 212,392 14 ( 23,905 ) 188,501 Corporate 250 - ( 46 ) 204 Asset-backed securities 11,334 - ( 317 ) 11,017 Total $ 584,239 $ 14 $ ( 69,655 ) $ 514,598 (Dollars in thousands) Held to Maturity: U.S. Government and federal agency $ 2,972 $ - $ ( 293 ) $ 2,679 State and municipal 196,098 14 ( 30,220 ) 165,892 Mortgage-backed 188,329 - ( 25,796 ) 162,533 Corporate 20,013 21 ( 2,864 ) 17,170 Asset-backed securities 547 - ( 30 ) 517 Total $ 407,959 $ 35 $ ( 59,203 ) $ 348,791
Schedule of Available for Sale Securities with Unrealize Losses	Available for sale securities with unrealized losses as of March 31, 2024 and December 31, 2023, aggregated by investment category and length of time the individual securities have been in an unrealized loss position, were as follows: March 31, 2024 Less than 12 months More than 12 months Total (Dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized Available for Sale: Value Losses Value Losses Value Losses U.S. Treasury notes and bonds $ - $ - $ 79,276 $ 10,953 $ 79,276 $ 10,953 State and municipal - - 230,928 32,511 230,928 32,511 Mortgage-backed 777 3 169,823 23,754 170,600 23,757 Corporate - - 204 46 204 46 Asset-backed securities - - 10,478 251 10,478 251 Total temporarily impaired $ 777 $ 3 $ 490,709 $ 67,515 $ 491,486 $ 67,518 December 31, 2023 Less than 12 months More than 12 months Total (Dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized Available for Sale: Value Losses Value Losses Value Losses U.S. Treasury notes and bonds $ - $ - $ 80,194 $ 10,151 $ 80,194 $ 10,151 State and municipal 557 6 234,125 35,230 234,682 35,236 Mortgage-backed 1,255 23 176,400 23,882 177,655 23,905 Corporate - - 204 46 204 46 Asset-backed securities - - 11,017 317 11,017 317 Total temporarily impaired $ 1,812 $ 29 $ 501,940 $ 69,626 $ 503,752 $ 69,655
Schedule of Held to Maturity Securities with Unrealize Losses	Held to maturity securities with unrealized losses as of March 31, 2024 and December 31, 2023, aggregated by investment category and length of time the individual securities have been in an unrealized loss position, were as follows: March 31, 2024 Less than 12 months More than 12 months Total (Dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized Held to Maturity: Value Losses Value Losses Value Losses U.S. Government and federal agency $ - $ - $ 2,652 $ 322 $ 2,652 $ 322 State and municipal 6,540 1,332 157,833 29,754 164,373 31,086 Mortgage-backed 871 2 153,255 24,690 154,126 24,692 Corporate - - 15,699 2,679 15,699 2,679 Asset-backed securities - - 437 21 437 21 Total temporarily impaired $ 7,411 $ 1,334 $ 329,876 $ 57,466 $ 337,287 $ 58,800 December 31, 2023 Less than 12 months More than 12 months Total (Dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized Held to Maturity: Value Losses Value Losses Value Losses U.S. Government and federal agency $ - $ - $ 2,679 $ 293 $ 2,679 $ 293 State and municipal 23 - 165,526 30,220 165,549 30,220 Mortgage-backed - - 162,533 25,796 162,533 25,796 Corporate - - 15,509 2,864 15,509 2,864 Asset-backed securities - - 517 30 517 30 Total temporarily impaired $ 23 $ - $ 346,764 $ 59,203 $ 346,787 $ 59,203
Schedule of Maturities of Securities	Presented below is a schedule of maturities of securities as of March 31, 2024. Available for sale securities are reported at fair value and held to maturity securities are reported at amortized cost. Callable securities in the money are presumed called and matured at the callable date. Available for Sale Securities maturing within: Fair Value Less than 1 Year - 5 Years - More than at March 31, (Dollars in thousands) 1 Year 5 Years 10 Years 10 Years 2024 U.S. Treasury notes and bonds $ - $ 66,720 $ 12,556 $ - $ 79,276 State and municipal - 11,272 105,237 114,419 230,928 Corporate - - 204 - 204 Asset-backed securities - 7,643 2,835 - 10,478 Total debt securities - 85,635 120,832 114,419 320,886 Mortgage-backed securities 18,808 59,528 74,514 30,900 183,750 Total Available for Sale $ 18,808 $ 145,163 $ 195,346 $ 145,319 $ 504,636 Held to Maturity Securities maturing within: Amortized Cost Less than 1 Year - 5 Years - More than at March 31, (Dollars in thousands) 1 Year 5 Years 10 Years 10 Years 2024 U.S. Government and federal agency $ - $ 2,974 $ - $ - $ 2,974 State and municipal 1,006 14,455 99,920 80,329 195,710 Corporate - - 20,021 - 20,021 Asset-backed securities 458 - - - 458 Total debt securities 1,464 17,429 119,941 80,329 219,163 Mortgage-backed securities 17,426 17,116 144,276 - 178,818 Total Held to Maturity $ 18,890 $ 34,545 $ 264,217 $ 80,329 $ 397,981
Schedule of Unrealized Gains and Losses on Equity Securities	Following is information regarding unrealized gains and losses on equity securities for the three months ended March 31, 2024 and 2023: Three Months Ended March 31, 2024 2023 (Dollars in thousands) Net gains and (losses) recognized during the period $ 35 $ 63 Less: Net gains and (losses) recognized during the period on securities sold - - Unrealized gains and (losses) recognized during the reporting period on securities still held at the reporting date $ 35 $ 63

Loans and Allowance for Credi_2

Loans and Allowance for Credit Losses (Tables)	3 Months Ended
	Mar. 31, 2024
Receivables [Abstract]
Loans by Type as Percentage of Portfolio	Loans by type as a percentage of the portfolio were as follows: March 31, 2024 December 31, 2023 (Dollars in thousands) Balance % Balance % Percent Increase (Decrease) Agricultural $ 41,950 3.0 % $ 49,210 3.5 % ( 14.8 ) % Commercial and Industrial 231,222 16.3 % 229,915 16.3 % 0.6 % Commercial Real Estate 794,705 56.0 % 786,921 55.8 % 1.0 % Consumer 34,268 2.4 % 36,541 2.6 % ( 6.2 ) % Construction Real Estate 17,890 1.3 % 20,936 1.5 % ( 14.5 ) % Residential Real Estate 268,523 18.9 % 267,730 19.0 % 0.3 % Loans to Other Financial Institutions 30,032 2.1 % 19,400 1.4 % 54.8 % Gross Loans $ 1,418,590 $ 1,410,653 Allowance for credit losses 16,037 1.13 % 15,685 1.11 % Net loans $ 1,402,553 $ 1,394,968
Allowance for Credit Losses and Balances in Loan Portfolio	Activity in the allowance for credit losses and balances in the loan portfolio were as follows: Commercial Loans to Other (Dollars in thousands) And Commercial Construction Residential Financial Agricultural Industrial Consumer Real Estate Real Estate Real Estate Institutions Total Allowance for Credit Losses Three Months Ended March 31, 2024 Beginning balance $ 94 $ 2,216 $ 823 $ 8,820 $ 58 $ 3,644 $ 30 $ 15,685 Charge-offs - ( 1 ) ( 123 ) - - - - ( 124 ) Recoveries - 9 60 - - 4 - 73 Provision 3 19 158 347 ( 9 ) ( 135 ) 20 403 Ending balance $ 97 $ 2,243 $ 918 $ 9,167 $ 49 $ 3,513 $ 50 $ 16,037 Individually evaluated for credit loss $ 2 $ 7 $ 116 $ 1 $ - $ 136 $ - $ 262 Collectively evaluated for credit loss $ 95 $ 2,236 $ 802 $ 9,166 $ 49 $ 3,377 $ 50 $ 15,775 Loans March 31, 2024 Individually evaluated for credit loss $ 44 $ 174 $ 238 $ 29 $ - $ 1,994 $ - $ 2,479 Collectively evaluated for credit loss 41,906 231,048 34,030 794,676 17,890 266,529 30,032 1,416,111 Ending balance $ 41,950 $ 231,222 $ 34,268 $ 794,705 $ 17,890 $ 268,523 $ 30,032 $ 1,418,590 Commercial Loans to Other (Dollars in thousands) and Commercial Construction Residential Financial Agricultural Industrial Consumer Real Estate Real Estate Real Estate Institutions Total Allowance for Loan Losses December 31, 2023 Individually evaluated for impairment $ 2 $ 6 $ - $ 1 $ — $ 51 $ — $ 60 Collectively evaluated for impairment $ 92 $ 2,210 $ 823 $ 8,819 $ 58 $ 3,593 $ 30 $ 15,625 Loans December 31, 2023 Individually evaluated for impairment $ 54 $ 136 $ 2 $ 29 $ — $ 1,858 $ — $ 2,079 Collectively evaluated for impairment $ 49,156 $ 229,779 $ 36,539 $ 786,892 $ 20,936 $ 265,872 $ 19,400 1,408,574 Acquired with deteriorated credit quality — - - - — - - Ending balance $ 49,210 $ 229,915 $ 36,541 $ 786,921 $ 20,936 $ 267,730 $ 19,400 $ 1,410,653 Commercial (Dollars in thousands) and Commercial Construction Residential Agricultural Industrial Consumer Real Estate Real Estate Real Estate Unallocated Total Allowance for Loan Losses Three Months Ended March 31, 2023 Beginning balance $ 144 $ 1,361 $ 310 $ 4,822 $ 63 $ 906 $ 13 $ 7,619 Cumulative effect of change in accounting principle 14 1,587 541 3,006 20 2,010 ( 13 ) 7,165 Charge-offs - - ( 140 ) - - - - ( 140 ) Recoveries - 27 69 13 - 3 - 112 Provision ( 23 ) 45 133 ( 4 ) ( 10 ) 168 - 309 Ending balance $ 135 $ 3,020 $ 913 $ 7,837 $ 73 $ 3,087 $ - $ 15,065 Individually evaluated for impairment $ 1 $ 7 $ 1 $ 1 $ - $ 42 $ - $ 52 Collectively evaluated for impairment $ 134 $ 3,013 $ 912 $ 7,836 $ 73 $ 3,045 $ - $ 15,013
Schedule of Amortized Cost Basis of Loans	The following table reflects the amortized cost basis of loans as of March 31, 2024 based on year of origination (dollars in thousands): Commercial: 2024 2023 2022 2021 2020 Prior Term Loans Total Revolving Loans Grand Total Agricultural Pass $ 523 $ 2,000 $ 3,723 $ 3,047 $ 1,696 $ 22,303 $ 33,292 $ 8,440 $ 41,732 Special mention - - - - - 218 218 - 218 Substandard - - - - - - - - - Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ 523 $ 2,000 $ 3,723 $ 3,047 $ 1,696 $ 22,521 $ 33,510 $ 8,440 $ 41,950 Current year-to-date gross write-offs (1) $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial and Industrial Pass $ 4,323 $ 27,221 $ 42,317 $ 20,127 $ 9,891 $ 18,852 $ 122,731 $ 107,930 $ 230,661 Special mention - - 111 24 33 121 289 109 398 Substandard - - - - - 146 146 17 163 Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ 4,323 $ 27,221 $ 42,428 $ 20,151 $ 9,924 $ 19,119 $ 123,166 $ 108,056 $ 231,222 Current year-to-date gross write-offs (1) $ - $ - $ - $ - $ - $ 1 $ 1 $ - $ 1 Commercial Real Estate Pass $ 10,189 $ 151,579 $ 127,964 $ 105,078 $ 70,301 $ 176,176 $ 641,287 $ 153,046 $ 794,333 Special mention - - - - - 372 372 - 372 Substandard - - - - - - - - - Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ 10,189 $ 151,579 $ 127,964 $ 105,078 $ 70,301 $ 176,548 $ 641,659 $ 153,046 $ 794,705 Current year-to-date gross write-offs (1) $ - $ - $ - $ - $ - $ - $ - $ - $ - Total Commercial Loans $ 15,035 $ 180,800 $ 174,115 $ 128,276 $ 81,921 $ 218,188 $ 798,335 $ 269,542 $ 1,067,877 Retail: 2024 2023 2022 2021 2020 Prior Term Loans Total Revolving Loans Grand Total Consumer Performing $ 2,210 $ 9,011 $ 11,277 $ 6,201 $ 2,487 $ 2,100 $ 33,286 $ 782 $ 34,068 Nonperforming - - - - - - - - - Nonaccrual - 42 157 1 - - 200 - 200 Total $ 2,210 $ 9,053 $ 11,434 $ 6,202 $ 2,487 $ 2,100 $ 33,486 $ 782 $ 34,268 Current year-to-date gross write-offs (1) $ - $ 1 $ 33 $ 1 $ - $ 1 $ 36 $ - $ 36 Construction real estate Performing $ 960 $ 1,518 $ 148 $ 542 $ - $ - $ 3,168 $ 14,722 $ 17,890 Nonperforming - - - - - - - - - Nonaccrual - - - - - - - - - Total $ 960 $ 1,518 $ 148 $ 542 $ - $ - $ 3,168 $ 14,722 $ 17,890 Current year-to-date gross write-offs (1) $ - $ - $ - $ - $ - $ - $ - $ - $ - Residential real estate Performing $ 7,133 $ 52,345 $ 63,307 $ 28,034 $ 15,992 $ 50,977 $ 217,788 $ 49,220 $ 267,008 Nonperforming - - - - - - - - - Nonaccrual - 136 499 697 - 111 1,443 72 1,515 Total $ 7,133 $ 52,481 $ 63,806 $ 28,731 $ 15,992 $ 51,088 $ 219,231 $ 49,292 $ 268,523 Current year-to-date gross write-offs (1) $ - $ - $ - $ - $ - $ - $ - $ - $ - Loans to Other Financial Institutions Performing $ 30,032 $ - $ - $ - $ - $ - $ 30,032 $ - $ 30,032 Nonperforming - - - - - - - - - Nonaccrual - - - - - - - - - Total $ 30,032 $ - $ - $ - $ - $ - $ 30,032 $ - $ 30,032 Current year-to-date gross write-offs (1) $ - $ - $ - $ - $ - $ - $ - $ - $ - Total Retail Loans $ 40,335 $ 63,052 $ 75,388 $ 35,475 $ 18,479 $ 53,188 $ 285,917 $ 64,796 $ 350,713 The following table reflects the amortized cost basis of loans as of December 31, 2023 based on year of origination (dollars in thousands): Commercial: 2023 2022 2021 2020 2019 Prior Term Loans Total Revolving Loans Grand Total Agricultural Pass $ 5,015 $ 4,088 $ 3,078 $ 1,788 $ 7,028 $ 18,476 $ 39,473 $ 9,507 $ 48,980 Special mention - - - - 176 54 230 - 230 Substandard - - - - - - - - - Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ 5,015 $ 4,088 $ 3,078 $ 1,788 $ 7,204 $ 18,530 $ 39,703 $ 9,507 $ 49,210 Current year-to-date gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial and Industrial Pass $ 23,600 $ 45,489 $ 23,462 $ 10,502 $ 9,214 $ 11,882 $ 124,149 $ 105,559 $ 229,708 Special mention - - 28 35 73 64 200 3 203 Substandard - - - - - 4 4 - 4 Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ 23,600 $ 45,489 $ 23,490 $ 10,537 $ 9,287 $ 11,950 $ 124,353 $ 105,562 $ 229,915 Current year-to-date gross write-offs $ - $ 55 $ 30 $ 71 $ - $ 2 $ 158 $ - $ 158 Commercial Real Estate Pass $ 149,181 $ 134,289 $ 107,033 $ 71,754 $ 43,846 $ 136,361 $ 642,464 $ 143,120 $ 785,584 Special mention - - - - - 1,337 1,337 - 1,337 Substandard - - - - - - - - - Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ 149,181 $ 134,289 $ 107,033 $ 71,754 $ 43,846 $ 137,698 $ 643,801 $ 143,120 $ 786,921 Current year-to-date gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Total Commercial Loans $ 177,796 $ 183,866 $ 133,601 $ 84,079 $ 60,337 $ 168,178 $ 807,857 $ 258,189 $ 1,066,046 Retail: 2023 2022 2021 2020 2019 Prior Term Loans Total Revolving Loans Grand Total Consumer Performing $ 9,775 $ 13,876 $ 6,771 $ 2,849 $ 1,260 $ 1,202 $ 35,733 $ 808 $ 36,541 Nonperforming - - - - - - - - - Nonaccrual - - - - - - - - - Total $ 9,775 $ 13,876 $ 6,771 $ 2,849 $ 1,260 $ 1,202 $ 35,733 $ 808 $ 36,541 Current year-to-date gross write-offs $ 8 $ 24 $ 11 $ 28 $ - $ 1 $ 72 $ - $ 72 Construction real estate Performing $ 2,507 $ 2,719 $ 552 $ - $ - $ - $ 5,778 $ 15,158 $ 20,936 Nonperforming - - - - - - - - - Nonaccrual - - - - - - - - - Total $ 2,507 $ 2,719 $ 552 $ - $ - $ - $ 5,778 $ 15,158 $ 20,936 Current year-to-date gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Residential real estate Performing $ 54,231 $ 64,768 $ 28,301 $ 16,391 $ 12,556 $ 40,270 $ 216,517 $ 49,491 $ 266,008 Nonperforming - - - - - - - - - Nonaccrual - 380 826 - - 486 1,692 30 1,722 Total $ 54,231 $ 65,148 $ 29,127 $ 16,391 $ 12,556 $ 40,756 $ 218,209 $ 49,521 $ 267,730 Current year-to-date gross write-offs $ - $ 26 $ - $ - $ - $ 1 $ 27 $ - $ 27 Loans to Other Financial Institutions Performing $ 19,400 $ - $ - $ - $ - $ - $ 19,400 $ - $ 19,400 Nonperforming - - - - - - - - - Nonaccrual - - - - - - - - - Total $ 19,400 $ - $ - $ - $ - $ - $ 19,400 $ - $ 19,400 Current year-to-date gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Total Retail Loans $ 85,913 $ 81,743 $ 36,450 $ 19,240 $ 13,816 $ 41,958 $ 279,120 $ 65,487 $ 344,607 (1) It is noted that write-offs in the table above do not include checking account write offs. Checking account write-offs during the first three months of 2024 were $ 87,000 or an annualized $ 348,000 compared to $ 480,000 during the full year 2023.
Summary of Amortized Cost Basis Loans Modified To Borrowers Experiencing On Financing Receivable	The following table presents the amortized cost basis of the loans modified to borrowers experiencing financial difficulty disaggregated by class of financing receivable and type of concession granted during 2023. There have been no loans modified due to borrowers experiencing financial difficulty as of March 31, 2024. For the period ended: December 31, 2023 Term Extension % of Total Class of (Dollars in thousands) Amortized Financing Cost Basis Receivable Commercial and industrial $ 60 0 % Residential real estate 129 0 % Total $ 189 The following table presents the financial effect by type of modification made to borrowers experiencing financial difficulty and class of financing receivable during 2023. There have been no loans modified due to borrowers experiencing financial difficulty as of March 31, 2024. For the period ended: December 31, 2023 Term Extension Commercial and industrial Termed out line of credit & termed out draw note Residential real estate Provided with new twelve month payment plan to catch up on past due balance. The following table presents the period-end amortized cost basis of financing receivables that had a payment default during the period and were modified in the 12 months before default to borrowers experiencing financial difficulty. For the period ended: March 31, 2024 (Dollars in thousands) Term extension Commercial and industrial 52 Residential real estate 126 Total $ 178 For the period ended: December 31, 2023 (Dollars in thousands) Term extension Commercial and industrial 60 Residential real estate 129 Total $ 189 The following table presents the period-end amortized cost basis of loans that have been modified in the past 12 months to borrowers experiencing financial difficulty by payment status and class of financing receivable. For the period ended: March 31, 2024 (Dollars in thousands) Current 30-89 days Greater than 90 days Total Commercial and industrial $ 52 - - $ 52 Residential real estate - - 126 126 Total $ 52 $ - $ 126 $ 178 For the period ended: December 31, 2023 (Dollars in thousands) Current 30-89 days Greater than 90 days Total Commercial and industrial $ 60 $ - $ - $ 60 Residential real estate - - 129 129 Total $ 60 $ - $ 129 $ 189
Nonaccrual Loans by Loan Category	Nonaccrual loans by loan category were as follows: As of March 31, 2024 (Dollars in thousands) Nonaccrual loans with no ACL Total nonaccrual loans Interest income recognized during the period on nonaccrual loans Consumer $ 43 $ 200 $ 5 Residential real estate 436 1,515 3 Total nonaccrual loans $ 479 $ 1,715 $ 8 As of March 31, 2023 (Dollars in thousands) Nonaccrual loans with no ACL Total nonaccrual loans Interest income recognized during the period on nonaccrual loans Residential real estate $ 1,432 $ 1,596 $ - Total nonaccrual loans $ 1,432 $ 1,596 $ - As of December 31, 2023 (Dollars in thousands) Nonaccrual loans with no ACL Total nonaccrual loans Interest income recognized during the period on nonaccrual loans Commercial and industrial $ - $ 1 $ - Residential real estate 707 1,722 16 Total nonaccrual loans $ 707 $ 1,723 $ 16
Aging Analysis of Loans by Loan Category	An aging analysis of loans by loan category follows: Loans Loans Loans Loans Past Due 90 Days Past Due Past Due Greater Past (Dollars in thousands) 30 to 59 60 to 89 Than 90 Loans Not Total Due and Days (1) Days (1) Days (1) Total (1) Past Due Loans Accruing March 31, 2024 Agricultural $ - $ - $ - $ - $ 41,950 $ 41,950 $ - Commercial and industrial - - - - 231,222 231,222 - Consumer 31 94 4 129 34,139 34,268 - Commercial real estate 173 - - 173 794,532 794,705 - Construction real estate - - - - 17,890 17,890 - Residential real estate 873 770 126 1,769 266,754 268,523 Loans to Other Financial Institutions - - - - 30,032 30,032 $ 1,077 $ 864 $ 130 $ 2,071 $ 1,416,519 $ 1,418,590 $ - December 31, 2023 Agricultural $ - $ - $ - $ - $ 49,210 $ 49,210 $ - Commercial and industrial - - 1 1 229,914 229,915 - Consumer 31 2 - 33 36,508 36,541 - Commercial real estate 173 - - 173 786,748 786,921 - Construction real estate - - - - 20,936 20,936 - Residential real estate 755 549 870 2,174 265,556 267,730 - Loans to Other Financial Institutions - - - - 19,400 19,400 $ 959 $ 551 $ 871 $ 2,381 $ 1,408,272 $ 1,410,653 $ - (1) Includes nonaccrual loans.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Basic Earnings Per Share and Diluted Earnings Per Share	Three Months Ended (Dollars in thousands, except share data) March 31, 2024 2023 Basic Net income $ 5,634 $ 5,633 Weighted average common shares outstanding 7,552,680 7,519,282 Basic earnings per common shares $ 0.75 $ 0.75 Diluted Net income $ 5,634 $ 5,633 Weighted average common shares outstanding 7,552,680 7,519,282 Plus dilutive stock options and restricted stock units 47,336 33,047 Weighted average common shares outstanding and potentially dilutive shares 7,600,016 7,552,329 Diluted earnings per common share $ 0.74 $ 0.75 There were 4,500 stock options that were considered anti-dilutive to earnings per share for the three months ended March 31 2024. There were no stock options that were considered anti-dilutive to earnings per share for the three months ended March 31, 2023.

Financial Instruments (Tables)

Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2024
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Summary of Financial Instruments	Financial instruments as of the dates indicated were as follows: Quoted Prices In Active Significant Markets for Other Significant Identical Observable Unobservable (Dollars in thousands) Carrying Estimated Assets Inputs Inputs Amount Fair Value (Level 1) (Level 2) (Level 3) March 31, 2024 Assets Cash and cash equivalents $ 150,129 $ 150,129 $ 150,129 $ - $ - Equity securities at fair value 7,560 7,560 4,705 - 2,855 Securities available for sale 504,636 504,636 79,276 425,360 - Securities held to maturity 397,981 339,210 - 326,243 12,967 Federal Home Loan Bank and Federal Reserve Bank stock 9,515 9,515 - 9,515 - Loans held for sale 6,035 6,216 - 6,216 - Loans, net 1,402,553 1,360,841 - - 1,360,841 Accrued interest receivable 11,454 11,454 - 11,454 - Interest rate lock commitments 73 73 - 73 - Interest rate derivative contracts 20,231 20,231 - 20,231 - Loan swaps 18 18 - 18 - Liabilities Noninterest-bearing deposits 502,685 502,685 502,685 - - Interest-bearing deposits 1,641,193 1,639,387 - 1,639,387 - Brokered deposits 41,970 41,900 - 41,900 - Borrowings 210,000 209,629 - 209,629 - Subordinated debentures 35,568 31,659 - 31,659 - Accrued interest payable 2,955 2,955 - 2,955 - Interest rate derivative contracts - - - - - Loan swaps 18 18 - 18 - December 31, 2023 Assets Cash and cash equivalents $ 55,433 $ 55,433 $ 55,433 $ - $ - Equity securities at fair value 7,505 7,505 4,749 - 2,756 Securities available for sale 514,598 514,598 80,194 434,404 - Securities held to maturity 407,959 348,791 - 335,493 13,298 Federal Home Loan Bank and Federal Reserve Bank stock 9,514 9,514 - 9,514 - Loans held for sale 4,710 4,851 - 4,851 - Loans, net 1,394,968 1,362,920 - - 1,362,920 Accrued interest receivable 10,066 10,066 - 10,066 - Interest rate lock commitments 64 64 - 64 - Interest rate derivative contracts 8,880 8,880 - 8,880 - Liabilities Noninterest-bearing deposits 547,625 547,625 547,625 - - Interest-bearing deposits 1,550,985 1,549,386 - 1,549,386 - Brokered deposits 23,445 23,435 - 23,435 - Borrowings 200,000 199,743 - 199,743 - Subordinated debentures 35,507 31,748 - 31,748 - Accrued interest payable 6,223 6,223 - 6,223 - Interest rate derivative contracts - - - - -

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2024
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Measured at Fair Value	Quoted Prices In Active Significant Markets for Other Significant Identical Observable Unobservable Balance (Dollars in thousands) Assets Inputs Inputs at Date (Level 1) (Level 2) (Level 3) Indicated Equity Securities Held at Fair Value - March 31, 2024 Equity securities $ 4,705 $ - $ 2,855 $ 7,560 Investment Securities, Available for Sale - March 31, 2024 U.S. Treasury notes and bonds $ 79,276 $ - $ - $ 79,276 State and municipal - 230,928 - 230,928 Mortgage-backed - 183,750 - 183,750 Corporate - 204 - 204 Asset-backed securities - 10,478 - 10,478 Total $ 79,276 $ 425,360 $ - $ 504,636 Derivative Instruments - March 31, 2024 Interest rate derivative contracts - assets $ - $ 20,231 $ - $ 20,231 Interest rate derivative contracts - liabilities $ - $ - $ - $ - Loan Swaps - March 31, 2024 Loan swaps - assets $ - $ 18 $ - $ 18 Loan swaps - liabilities $ - $ 18 $ - $ 18 Equity Securities Held at Fair Value - December 31, 2023 Equity securities $ 4,749 $ - $ 2,756 $ 7,505 Investment Securities, Available for Sale - December 31, 2023 U. S. Treasury notes and bonds $ 80,194 $ - $ - $ 80,194 State and municipal - 234,682 - 234,682 Mortgage-backed - 188,501 - 188,501 Corporate - 204 - 204 Asset-backed securities - 11,017 - 11,017 Total $ 80,194 $ 434,404 $ - $ 514,598 Derivative Instruments - December 31, 2023 Interest rate derivative contracts - assets $ - $ 8,880 $ - $ 8,880 Interest rate derivative contracts - liabilities $ - $ - $ - $ - Securities classified as available for sale are generally reported at fair value utilizing Level 2 inputs. ChoiceOne’s external investment advisor obtained fair value measurements from an independent pricing service that uses matrix pricing, which is a mathematical technique widely used in the industry to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities' relationship to other benchmark quoted securities (Level 2 inputs). The fair value measurements considered observable data that may include dealer quotes, market spreads, cash flows and the bonds' terms and conditions, among other things. Securities classified in Level 2 included U.S. Government and federal agency securities, state and municipal securities, mortgage-backed securities, corporate bonds, and asset backed securities. The Company classified certain state and municipal securities and corporate bonds, and equity securities as Level 3. Based on the lack of observable market data, estimated fair values were based on the observable data available and reasonable unobservable market data.
Schedule of Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis	Three Months Ended (Dollars in thousands) March 31, 2024 2023 Equity Securities Held at Fair Value Balance, January 1 $ 2,756 $ 2,542 Total realized and unrealized gains included in noninterest income 79 25 Net purchases, sales, calls, and maturities 20 70 Net transfers into Level 3 - - Balance, March 31, $ 2,855 $ 2,637 Amount of total losses for the period included in earning attributable to the change in $ 1 $ 5
Schedule of Assets Measured at Fair Value on a Non-recurring Basis	Quoted Prices In Active Significant Markets for Other Significant Balances at Identical Observable Unobservable (Dollars in thousands) Dates Assets Inputs Inputs Indicated (Level 1) (Level 2) (Level 3) Collateral Dependent Loans March 31, 2024 $ 1,611 $ - $ - $ 1,611 December 31, 2023 $ 387 $ - $ - $ 387 Other Real Estate March 31, 2024 $ 122 $ - $ - $ 122 December 31, 2023 $ 122 $ - $ - $ 122

Revenue From Contracts With C_2

Revenue From Contracts With Customers (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Noninterest Income Separated by Revenue	Three Months Ended March 31, (Dollars in thousands) 2024 2023 Service charges and fees on deposit accounts $ 1,118 $ 1,027 Interchange income 1,287 1,240 Investment commission income 198 196 Trust fee income 213 184 Other charges and fees for customer services 149 137 Noninterest income from contracts with customers 2,965 2,784 Noninterest income within the scope of other GAAP topics 1,086 887 Total noninterest income $ 4,051 $ 3,671

Derivative and Hedging Activi_2

Derivative and Hedging Activities (Tables)	3 Months Ended
	Mar. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivatives Instruments in Balance Sheet Location	The table below presents the fair value of derivative financial instruments as well as the classification within the consolidated statements of financial condition: March 31, 2024 December 31, 2023 (Dollars in thousands) Balance Sheet Location Fair Value Balance Sheet Location Fair Value Derivatives designated as hedging instruments Interest rate contracts Other Assets $ 20,231 Other Assets $ 8,880 Interest rate contracts Other Liabilities $ - Other Liabilities $ -
Location and Amount of Gain (Loss) in Income on Fair Value and Cash Flow Hedging Relationships	The table below presents the effect of fair value and cash flow hedge accounting on the consolidated statements of operations for the periods presented: Location and Amount of Gain or (Loss) Recognized in Income on Fair Value and Cash Flow Hedging Relationships Three months ended March 31, 2024 Three months ended March 31, 2023 (Dollars in thousands) Interest Income Interest Expense Interest Income Interest Expense Total amounts of income and expense line items presented in the consolidated statements of income in which the effects of fair value or cash flow hedges are recorded $ 58 $ - $ ( 366 ) $ - Gain or (loss) on fair value hedging relationships: Interest rate contracts: Hedged items $ ( 5,323 ) $ - $ 6,022 $ - Derivatives designated as hedging instruments $ 5,265 $ - $ ( 5,960 ) $ - Amount excluded from effectiveness testing recognized in earnings based on amortization approach $ - $ - $ - $ - Gain or (loss) on cash flow hedging relationships: Interest rate contracts: Amount of gain or (loss) reclassified from accumulated other comprehensive income into income $ ( 887 ) $ - $ ( 156 ) $ - Amount excluded from effectiveness testing recognized in earnings based on amortization approach $ - $ - $ - $ -
Schedule of Cumulative Basis Adjustments on Hedged Items Designated as Fair Value Hedges and Related Amortized Cost	The table below presents the cumulative basis adjustments on hedged items designated as fair value hedges and the related amortized cost of those items as of the periods presented: March 31, 2024 Cumulative amount of Fair (Dollars in thousands) Value Hedging Adjustment Line Item in the Statement of included in the carrying Financial Position in which the Amortized cost of the amount of the Hedged Hedged Item is included Hedged Assets/(Liabilities) Assets/(Liabilities) Securities available for sale $ 222,194 $ ( 5,719 )

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Additional Information (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Apr. 30, 2021
Significant Accounting Policies [Line Items]
Stock issued during period, value, new issues	$ 90,000	$ 147,000
Stock repurchased during period, shares (in shares)	0
Stock repurchase program, number of shares authorized to be repurchased (in shares)			375,388
Stock repurchase program, percent of stock outstanding			5%
Number of days individually evaluation	60 days
Directors' Stock Purchase Plan [Member]
Significant Accounting Policies [Line Items]
Stock issued during period, shares, new issues (in shares)	3,822
Stock issued during period, value, new issues	$ 112,000
Employee Stock Purchase Plan [Member]
Significant Accounting Policies [Line Items]
Stock issued during period, shares, new issues (in shares)	2,400
Stock issued during period, value, new issues	$ 56,000

Securities - Additional Informa

Securities - Additional Information (Details) $ in Thousands	Mar. 31, 2024 USD ($) Securities	Dec. 31, 2023 Securities	Mar. 31, 2023 USD ($)
Debt and Equity Securities, FV-NI [Line Items]
Allowance for credit loss | $	$ 0		$ 0
Debt Securities, Available-for-Sale, Unrealized Loss Position, Number of Positions | Securities	570	569
US Treasury Securities [Member] | AA or Better [Member]
Debt and Equity Securities, FV-NI [Line Items]
Debt Securities, Percent	100%
US States and Political Subdivisions Debt Securities [Member] | A Rated [Member]
Debt and Equity Securities, FV-NI [Line Items]
Debt Securities, Percent	11%
US States and Political Subdivisions Debt Securities [Member] | AA or Better [Member]
Debt and Equity Securities, FV-NI [Line Items]
Debt Securities, Percent	85%
US States and Political Subdivisions Debt Securities [Member] | Unrated [Member]
Debt and Equity Securities, FV-NI [Line Items]
Debt Securities, Percent	4%
Collateralized Mortgage-Backed Securities [Member] | AA [Member]
Debt and Equity Securities, FV-NI [Line Items]
Debt Securities, Percent	40%
Collateralized Mortgage-Backed Securities [Member] | AAA [Member]
Debt and Equity Securities, FV-NI [Line Items]
Debt Securities, Percent	40%
Collateralized Mortgage-Backed Securities [Member] | Unrated [Member]
Debt and Equity Securities, FV-NI [Line Items]
Debt Securities, Percent	20%

Securities - Fair Value of Equi

Securities - Fair Value of Equity Securities and Related Gross Unrealized Gains (Losses) Recognized in Interest Income (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Debt Securities, Trading, and Equity Securities, FV-NI, Cost [Abstract]
Amortized Cost	$ 7,980	$ 7,960
Gross Unrealized Gains	292	212
Gross Unrealized Losses	(712)	(667)
Fair Value	$ 7,560	$ 7,505

Securities - Fair Value of Debt

Securities - Fair Value of Debt Security, Available-for-sale and Held-to-maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Debt and Equity Securities, FV-NI [Line Items]
Amortized cost, available for sale	$ 572,125	$ 584,239
Gross unrealized gains, available for sale	29	14
Gross unrealized losses, available for sale	(67,518)	(69,655)
Fair value, available for sale	504,636	514,598
Amortized cost, held to maturity	397,981	407,959
Gross unrealized gains, held to maturity	29	35
Gross unrealized losses, held to maturity	(58,800)	(59,203)
Fair value, held to maturity	339,210	348,791
U.S. Treasury Notes and Bonds [Member]
Debt and Equity Securities, FV-NI [Line Items]
Amortized cost, available for sale	90,229	90,345
Gross unrealized gains, available for sale	0	0
Gross unrealized losses, available for sale	(10,953)	(10,151)
Fair value, available for sale	79,276	80,194
U.S. Government and Federal Agency [Member]
Debt and Equity Securities, FV-NI [Line Items]
Amortized cost, held to maturity	2,974	2,972
Gross unrealized gains, held to maturity	0	0
Gross unrealized losses, held to maturity	(322)	(293)
Fair value, held to maturity	2,652	2,679
State and Municipal [Member]
Debt and Equity Securities, FV-NI [Line Items]
Amortized cost, available for sale	263,439	269,918
Gross unrealized gains, available for sale	0	0
Gross unrealized losses, available for sale	(32,511)	(35,236)
Fair value, available for sale	230,928	234,682
Amortized cost, held to maturity	195,710	196,098
Gross unrealized gains, held to maturity	9	14
Gross unrealized losses, held to maturity	(31,086)	(30,220)
Fair value, held to maturity	164,633	165,892
Mortgage-backed [Member]
Debt and Equity Securities, FV-NI [Line Items]
Amortized cost, available for sale	207,478	212,392
Gross unrealized gains, available for sale	29	14
Gross unrealized losses, available for sale	(23,757)	(23,905)
Fair value, available for sale	183,750	188,501
Amortized cost, held to maturity	178,818	188,329
Gross unrealized gains, held to maturity	0	0
Gross unrealized losses, held to maturity	(24,692)	(25,796)
Fair value, held to maturity	154,126	162,533
Corporate [Member]
Debt and Equity Securities, FV-NI [Line Items]
Amortized cost, available for sale	250	250
Gross unrealized gains, available for sale	0	0
Gross unrealized losses, available for sale	(46)	(46)
Fair value, available for sale	204	204
Amortized cost, held to maturity	20,021	20,013
Gross unrealized gains, held to maturity	20	21
Gross unrealized losses, held to maturity	(2,679)	(2,864)
Fair value, held to maturity	17,362	17,170
Asset-backed Securities [Member]
Debt and Equity Securities, FV-NI [Line Items]
Amortized cost, available for sale	10,729	11,334
Gross unrealized gains, available for sale	0	0
Gross unrealized losses, available for sale	(251)	(317)
Fair value, available for sale	10,478	11,017
Amortized cost, held to maturity	458	547
Gross unrealized gains, held to maturity	0	0
Gross unrealized losses, held to maturity	(21)	(30)
Fair value, held to maturity	$ 437	$ 517

Securities - Securities with Un

Securities - Securities with Unrealized Losses Aggregated by Investment Category and Time with Unrealized Loss Position (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Debt and Equity Securities, FV-NI [Line Items]
Less than 12 months, fair value	$ 777	$ 1,812
Less than 12 months, unrealized losses	3	29
More than 12 months, fair value	490,709	501,940
More than 12 months, unrealized losses	67,515	69,626
Total, fair value	491,486	503,752
Total, unrealized losses	67,518	69,655
U.S. Treasury Notes and Bonds [Member]
Debt and Equity Securities, FV-NI [Line Items]
Less than 12 months, fair value	0	0
Less than 12 months, unrealized losses	0	0
More than 12 months, fair value	79,276	80,194
More than 12 months, unrealized losses	10,953	10,151
Total, fair value	79,276	80,194
Total, unrealized losses	10,953	10,151
State and Municipal [Member]
Debt and Equity Securities, FV-NI [Line Items]
Less than 12 months, fair value	0	557
Less than 12 months, unrealized losses	0	6
More than 12 months, fair value	230,928	234,125
More than 12 months, unrealized losses	32,511	35,230
Total, fair value	230,928	234,682
Total, unrealized losses	32,511	35,236
Mortgage-backed [Member]
Debt and Equity Securities, FV-NI [Line Items]
Less than 12 months, fair value	777	1,255
Less than 12 months, unrealized losses	3	23
More than 12 months, fair value	169,823	176,400
More than 12 months, unrealized losses	23,754	23,882
Total, fair value	170,600	177,655
Total, unrealized losses	23,757	23,905
Corporate [Member]
Debt and Equity Securities, FV-NI [Line Items]
Less than 12 months, fair value	0	0
Less than 12 months, unrealized losses	0	0
More than 12 months, fair value	204	204
More than 12 months, unrealized losses	46	46
Total, fair value	204	204
Total, unrealized losses	46	46
Asset-backed Securities [Member]
Debt and Equity Securities, FV-NI [Line Items]
Less than 12 months, fair value	0	0
Less than 12 months, unrealized losses	0	0
More than 12 months, fair value	10,478	11,017
More than 12 months, unrealized losses	251	317
Total, fair value	10,478	11,017
Total, unrealized losses	$ 251	$ 317

Securities - Fair Value of Secu

Securities - Fair Value of Securities Available for Sale and The Related Unrealized Gains and Losses Recognized in Accumulated Comprehensive Income (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Debt and Equity Securities, FV-NI [Line Items]
Less than 12 months, fair value	$ 7,411	$ 23
Less than 12 months, unrealized losses	1,334	0
Fair value, more than 12 months	329,876	346,764
Unrealized loss, more than 12 months	57,466	59,203
Fair value	337,287	346,787
Unrealized losses	58,800	59,203
U.S. Government and Federal Agency [Member]
Debt and Equity Securities, FV-NI [Line Items]
Less than 12 months, fair value	0	0
Less than 12 months, unrealized losses	0	0
Fair value, more than 12 months	2,652	2,679
Unrealized loss, more than 12 months	322	293
Fair value	2,652	2,679
Unrealized losses	322	293
State and Municipal [Member]
Debt and Equity Securities, FV-NI [Line Items]
Less than 12 months, fair value	6,540	23
Less than 12 months, unrealized losses	1,332	0
Fair value, more than 12 months	157,833	165,526
Unrealized loss, more than 12 months	29,754	30,220
Fair value	164,373	165,549
Unrealized losses	31,086	30,220
Mortgage-backed [Member]
Debt and Equity Securities, FV-NI [Line Items]
Less than 12 months, fair value	871	0
Less than 12 months, unrealized losses	2	0
Fair value, more than 12 months	153,255	162,533
Unrealized loss, more than 12 months	24,690	25,796
Fair value	154,126	162,533
Unrealized losses	24,692	25,796
Corporate [Member]
Debt and Equity Securities, FV-NI [Line Items]
Less than 12 months, fair value	0	0
Less than 12 months, unrealized losses	0	0
Fair value, more than 12 months	15,699	15,509
Unrealized loss, more than 12 months	2,679	2,864
Fair value	15,699	15,509
Unrealized losses	2,679	2,864
Asset-backed Securities [Member]
Debt and Equity Securities, FV-NI [Line Items]
Less than 12 months, fair value	0	0
Less than 12 months, unrealized losses	0	0
Fair value, more than 12 months	437	517
Unrealized loss, more than 12 months	21	30
Fair value	437	517
Unrealized losses	$ 21	$ 30

Securities - Schedule of Maturi

Securities - Schedule of Maturities of Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Debt and Equity Securities, FV-NI [Line Items]
Less than 1 Year	$ 18,808
1 Year - 5 Years	145,163
5 Years - 10 Years	195,346
More than 10 Years	145,319
Fair value, available for sale	504,636	$ 514,598
Total Available for Sale	504,636
Held to Maturity Securities maturing within Less than 1 Year	18,890
Held to Maturity Securities maturing within 1 Year -5 Years	34,545
Held to Maturity Securities maturing within 5 Years -10 Years	264,217
Held to Maturity Securities maturing within More than10 Years	80,329
Held to Maturity Securities maturing within amortized cost	397,981
U.S. Government and Federal Agency [Member]
Debt and Equity Securities, FV-NI [Line Items]
Held to Maturity Securities maturing within Less than 1 Year	0
Held to Maturity Securities maturing within 1 Year -5 Years	2,974
Held to Maturity Securities maturing within 5 Years -10 Years	0
Held to Maturity Securities maturing within More than10 Years	0
Held to Maturity Securities maturing within amortized cost	2,974
U.S. Treasury Notes and Bonds [Member]
Debt and Equity Securities, FV-NI [Line Items]
Less than 1 Year	0
1 Year - 5 Years	66,720
5 Years - 10 Years	12,556
More than 10 Years	0
Fair value, available for sale	79,276	80,194
State and Municipal [Member]
Debt and Equity Securities, FV-NI [Line Items]
Less than 1 Year	0
1 Year - 5 Years	11,272
5 Years - 10 Years	105,237
More than 10 Years	114,419
Fair value, available for sale	230,928	234,682
Held to Maturity Securities maturing within Less than 1 Year	1,006
Held to Maturity Securities maturing within 1 Year -5 Years	14,455
Held to Maturity Securities maturing within 5 Years -10 Years	99,920
Held to Maturity Securities maturing within More than10 Years	80,329
Held to Maturity Securities maturing within amortized cost	195,710
Corporate [Member]
Debt and Equity Securities, FV-NI [Line Items]
Less than 1 Year	0
1 Year - 5 Years	0
5 Years - 10 Years	204
More than 10 Years	0
Fair value, available for sale	204	204
Held to Maturity Securities maturing within Less than 1 Year	0
Held to Maturity Securities maturing within 1 Year -5 Years	0
Held to Maturity Securities maturing within 5 Years -10 Years	20,021
Held to Maturity Securities maturing within More than10 Years	0
Held to Maturity Securities maturing within amortized cost	20,021
Asset-backed Securities [Member]
Debt and Equity Securities, FV-NI [Line Items]
Less than 1 Year	0
1 Year - 5 Years	7,643
5 Years - 10 Years	2,835
More than 10 Years	0
Fair value, available for sale	10,478	11,017
Held to Maturity Securities maturing within Less than 1 Year	458
Held to Maturity Securities maturing within 1 Year -5 Years	0
Held to Maturity Securities maturing within 5 Years -10 Years	0
Held to Maturity Securities maturing within More than10 Years	0
Held to Maturity Securities maturing within amortized cost	458
Total debt securities [Member]
Debt and Equity Securities, FV-NI [Line Items]
Less than 1 Year	0
1 Year - 5 Years	85,635
5 Years - 10 Years	120,832
More than 10 Years	114,419
Fair value, available for sale	320,886
Held to Maturity Securities maturing within Less than 1 Year	1,464
Held to Maturity Securities maturing within 1 Year -5 Years	17,429
Held to Maturity Securities maturing within 5 Years -10 Years	119,941
Held to Maturity Securities maturing within More than10 Years	80,329
Held to Maturity Securities maturing within amortized cost	219,163
Mortgage-backed [Member]
Debt and Equity Securities, FV-NI [Line Items]
Less than 1 Year	18,808
1 Year - 5 Years	59,528
5 Years - 10 Years	74,514
More than 10 Years	30,900
Fair value, available for sale	183,750	$ 188,501
Held to Maturity Securities maturing within Less than 1 Year	17,426
Held to Maturity Securities maturing within 1 Year -5 Years	17,116
Held to Maturity Securities maturing within 5 Years -10 Years	144,276
Held to Maturity Securities maturing within More than10 Years	0
Held to Maturity Securities maturing within amortized cost	$ 178,818

Securities - Unrealized Gains a

Securities - Unrealized Gains and Losses on Equity Securities (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Debt Securities, Trading, and Equity Securities, FV-NI, Cost [Abstract]
Net gains and (losses) recognized during the period	$ 35	$ 63
Less: Net gains and (losses) recognized during the period on securities sold	0	0
Unrealized gains and (losses) recognized during the reporting period on securities still held at the reporting date	$ 35	$ 63

Loans and Allowance for Credi_3

Loans and Allowance for Credit Losses - Additional Information (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Provision for (reversal of) credit losses on loans	$ 403,000	$ 309,000

Loans and Allowance for Credi_4

Loans and Allowance for Credit Losses - Loans by Type as Percentage of Portfolio (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans (Note 3)	$ 1,418,590	$ 1,410,653
Allowance for loan losses (Note 3)	$ 16,037	$ 15,685	$ 15,065	$ 7,619
Percentage of allowance for credit losses	1.13%	1.11%
Loans, net	$ 1,402,553	$ 1,394,968
Agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans (Note 3)	$ 41,950	$ 49,210
Percentage of loans	3%	3.50%
Percentage of increase decrease of loans	(14.80%)
Allowance for loan losses (Note 3)	$ 97	$ 94	135	144
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans (Note 3)	$ 231,222	$ 229,915
Percentage of loans	16.30%	16.30%
Percentage of increase decrease of loans	0.60%
Allowance for loan losses (Note 3)	$ 2,243	$ 2,216	3,020	1,361
Commercial Real Estate Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans (Note 3)	$ 794,705	$ 786,921
Percentage of loans	56%	55.80%
Percentage of increase decrease of loans	1%
Allowance for loan losses (Note 3)	$ 9,167	$ 8,820	7,837	4,822
Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans (Note 3)	$ 34,268	$ 36,541
Percentage of loans	2.40%	2.60%
Percentage of increase decrease of loans	(6.20%)
Allowance for loan losses (Note 3)	$ 918	$ 823	913	310
Construction Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans (Note 3)	$ 17,890	$ 20,936
Percentage of loans	1.30%	1.50%
Percentage of increase decrease of loans	(14.50%)
Allowance for loan losses (Note 3)	$ 49	$ 58	73	63
Residential Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans (Note 3)	$ 268,523	$ 267,730
Percentage of loans	18.90%	19%
Percentage of increase decrease of loans	0.30%
Allowance for loan losses (Note 3)	$ 3,513	$ 3,644	$ 3,087	$ 906
Loans To Other Financial Institutions [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans (Note 3)	$ 30,032	$ 19,400
Percentage of loans	2.10%	1.40%
Percentage of increase decrease of loans	54.80%
Allowance for loan losses (Note 3)	$ 50	$ 30

Loans and Allowance for Credi_5

Loans and Allowance for Credit Losses - Allowance for Credit Losses and Balances in Loan Portfolio (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance	$ 15,685,000	$ 7,619,000
Charge-offs	(124,000)	(140,000)
Recoveries	73,000	112,000
Provision	403,000	309,000
Ending balance	16,037,000	15,065,000
Individually evaluated for credit loss		52,000	$ 60,000
Collectively evaluated for credit loss		15,013,000	15,625,000
Individually evaluated for credit loss	262,000
Collectively evaluated for credit loss	15,775,000
Individually evaluated for impairment			2,079,000
Collectively evaluated for impairment			1,408,574,000
Individually evaluated for credit loss	2,479,000
Collectively evaluated for credit loss	1,416,111,000
Acquired with deteriorated credit quality			0
Loans	1,418,590,000		1,410,653,000
Cumulative Effect of Change in Accounting Principle [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance		7,165,000
Agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance	94,000	144,000
Charge-offs	0	0
Recoveries	0	0
Provision	3,000	(23,000)
Ending balance	97,000	135,000
Individually evaluated for credit loss		1,000	2,000
Collectively evaluated for credit loss		134,000	92,000
Individually evaluated for credit loss	2,000
Collectively evaluated for credit loss	95,000
Individually evaluated for impairment			54,000
Collectively evaluated for impairment			49,156,000
Individually evaluated for credit loss	44,000
Collectively evaluated for credit loss	41,906,000
Acquired with deteriorated credit quality			0
Loans	41,950,000		49,210,000
Agricultural [Member] | Cumulative Effect of Change in Accounting Principle [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance		14,000
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance	2,216,000	1,361,000
Charge-offs	(1,000)	0
Recoveries	9,000	27,000
Provision	19,000	45,000
Ending balance	2,243,000	3,020,000
Individually evaluated for credit loss		7,000	6,000
Collectively evaluated for credit loss		3,013,000	2,210,000
Individually evaluated for credit loss	7,000
Collectively evaluated for credit loss	2,236,000
Individually evaluated for impairment			136,000
Collectively evaluated for impairment			229,779,000
Individually evaluated for credit loss	174,000
Collectively evaluated for credit loss	231,048,000
Acquired with deteriorated credit quality			0
Loans	231,222,000		229,915,000
Commercial and Industrial [Member] | Cumulative Effect of Change in Accounting Principle [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance		1,587,000
Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance	823,000	310,000
Charge-offs	(123,000)	(140,000)
Recoveries	60,000	69,000
Provision	158,000	133,000
Ending balance	918,000	913,000
Individually evaluated for credit loss		1,000	0
Collectively evaluated for credit loss		912,000	823,000
Individually evaluated for credit loss	116,000
Collectively evaluated for credit loss	802,000
Individually evaluated for impairment			2,000
Collectively evaluated for impairment			36,539,000
Individually evaluated for credit loss	238,000
Collectively evaluated for credit loss	34,030,000
Acquired with deteriorated credit quality			0
Loans	34,268,000		36,541,000
Consumer Portfolio Segment [Member] | Cumulative Effect of Change in Accounting Principle [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance		541,000
Commercial Real Estate Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance	8,820,000	4,822,000
Charge-offs	0	0
Recoveries	0	13,000
Provision	347,000	(4,000)
Ending balance	9,167,000	7,837,000
Individually evaluated for credit loss		1,000	1,000
Collectively evaluated for credit loss		7,836,000	8,819,000
Individually evaluated for credit loss	1,000
Collectively evaluated for credit loss	9,166,000
Individually evaluated for impairment			29,000
Collectively evaluated for impairment			786,892,000
Individually evaluated for credit loss	29,000
Collectively evaluated for credit loss	794,676,000
Acquired with deteriorated credit quality			0
Loans	794,705,000		786,921,000
Commercial Real Estate Portfolio Segment [Member] | Cumulative Effect of Change in Accounting Principle [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance		3,006,000
Construction Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance	58,000	63,000
Charge-offs	0	0
Recoveries	0	0
Provision	(9,000)	(10,000)
Ending balance	49,000	73,000
Individually evaluated for credit loss		0	0
Collectively evaluated for credit loss		73,000	58,000
Individually evaluated for credit loss	0
Collectively evaluated for credit loss	49,000
Individually evaluated for impairment			0
Collectively evaluated for impairment			20,936,000
Individually evaluated for credit loss	0
Collectively evaluated for credit loss	17,890,000
Acquired with deteriorated credit quality			0
Loans	17,890,000		20,936,000
Construction Real Estate [Member] | Cumulative Effect of Change in Accounting Principle [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance		20,000
Residential Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance	3,644,000	906,000
Charge-offs	0	0
Recoveries	4,000	3,000
Provision	(135,000)	168,000
Ending balance	3,513,000	3,087,000
Individually evaluated for credit loss		42,000	51,000
Collectively evaluated for credit loss		3,045,000	3,593,000
Individually evaluated for credit loss	136,000
Collectively evaluated for credit loss	3,377,000
Individually evaluated for impairment			1,858,000
Collectively evaluated for impairment			265,872,000
Individually evaluated for credit loss	1,994,000
Collectively evaluated for credit loss	266,529,000
Acquired with deteriorated credit quality			0
Loans	268,523,000		267,730,000
Residential Portfolio Segment [Member] | Cumulative Effect of Change in Accounting Principle [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance		2,010,000
Loans To Other Financial Institutions [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance	30,000
Charge-offs	0
Recoveries	0
Provision	20,000
Ending balance	50,000
Individually evaluated for credit loss			0
Collectively evaluated for credit loss			30,000
Individually evaluated for credit loss	0
Collectively evaluated for credit loss	50,000
Individually evaluated for impairment			0
Collectively evaluated for impairment			19,400,000
Individually evaluated for credit loss	0
Collectively evaluated for credit loss	30,032,000
Loans	$ 30,032,000		$ 19,400,000
Unallocated Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance		13,000
Charge-offs		0
Recoveries		0
Provision		0
Ending balance		0
Individually evaluated for credit loss		0
Collectively evaluated for credit loss		0
Unallocated Financing Receivables [Member] | Cumulative Effect of Change in Accounting Principle [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance		$ (13,000)

Loans and Allowance for Credi_6

Loans and Allowance for Credit Losses - Schedule of Information Regarding Credit Exposure (Details) - USD ($) $ in Thousands		3 Months Ended		12 Months Ended
		Mar. 31, 2024		Dec. 31, 2023	Mar. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		$ 178		$ 189
Loans		1,418,590		1,410,653
Total nonaccrual loans		1,715		1,723	$ 1,596
Agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		523		149,181
Financing Receivable, Prior year		2,000		134,289
Financing Receivable, Two year prior		3,723		107,033
Financing Receivable, Three year prior		3,047		71,754
Financing Receivable, Four year prior		1,696		43,846
Prior		22,521		137,698
Term Loans Total		33,510		643,801
Revolving Loans		8,440		143,120
Grand Total		41,950		786,921
Current year-to-date gross write-offs, Current year		0	[1]	0
Current year-to-date gross write-offs, Prior year		0	[1]	0
Current year-to-date gross write-offs, Two year prior		0	[1]	0
Current year-to-date gross write-offs, Three year prior		0	[1]	0
Current year-to-date gross write-offs, Four year prior		0	[1]	0
Financing Receivable Originated Writeoffs Five or More Years Before Latest Fiscal Year, Total		0	[1]	0
Current year-to-date gross write-offs, Term Loans Total		0	[1]	0
Current year-to-date gross write-offs, Revolving Loans		0	[1]	0
Current year-to-date gross write-offs, Grand Total		0	[1]	0
Loans		41,950		49,210
Agricultural [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		523		149,181
Financing Receivable, Prior year		2,000		134,289
Financing Receivable, Two year prior		3,723		107,033
Financing Receivable, Three year prior		3,047		71,754
Financing Receivable, Four year prior		1,696		43,846
Prior		22,303		136,361
Term Loans Total		33,292		642,464
Revolving Loans		8,440		143,120
Grand Total		41,732		785,584
Agricultural [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		0		0
Financing Receivable, Prior year		0		0
Financing Receivable, Two year prior		0		0
Financing Receivable, Three year prior		0		0
Financing Receivable, Four year prior		0		176
Prior		218		54
Term Loans Total		218		230
Revolving Loans		0		0
Grand Total		218		230
Agricultural [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		0		0
Financing Receivable, Prior year		0		0
Financing Receivable, Two year prior		0		0
Financing Receivable, Three year prior		0		0
Financing Receivable, Four year prior		0		0
Prior		0		0
Term Loans Total		0		0
Revolving Loans		0		0
Grand Total		0		0
Agricultural [Member] | Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		0		0
Financing Receivable, Prior year		0		0
Financing Receivable, Two year prior		0		0
Financing Receivable, Three year prior		0		0
Financing Receivable, Four year prior		0		0
Prior		0		0
Term Loans Total		0		0
Revolving Loans		0		0
Grand Total		0		0
Agricultural [Member] | Loss [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		0		0
Financing Receivable, Prior year		0		0
Financing Receivable, Two year prior		0		0
Financing Receivable, Three year prior		0		0
Financing Receivable, Four year prior		0		0
Prior		0		0
Term Loans Total		0		0
Revolving Loans		0		0
Grand Total		0		0
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		4,323		5,015
Financing Receivable, Prior year		27,221		4,088
Financing Receivable, Two year prior		42,428		3,078
Financing Receivable, Three year prior		20,151		1,788
Financing Receivable, Four year prior		9,924		7,204
Prior		19,119		18,530
Term Loans Total		123,166		39,703
Revolving Loans		108,056		9,507
Grand Total		231,222		49,210
Current year-to-date gross write-offs, Current year		0	[1]	0
Current year-to-date gross write-offs, Prior year		0	[1]	0
Current year-to-date gross write-offs, Two year prior		0	[1]	0
Current year-to-date gross write-offs, Three year prior		0	[1]	0
Current year-to-date gross write-offs, Four year prior		0	[1]	0
Financing Receivable Originated Writeoffs Five or More Years Before Latest Fiscal Year, Total		1	[1]	0
Current year-to-date gross write-offs, Term Loans Total		1	[1]	0
Current year-to-date gross write-offs, Revolving Loans		0	[1]	0
Current year-to-date gross write-offs, Grand Total		1	[1]	0
Loans		231,222		229,915
Total nonaccrual loans				1
Commercial and Industrial [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		4,323		5,015
Financing Receivable, Prior year		27,221		4,088
Financing Receivable, Two year prior		42,317		3,078
Financing Receivable, Three year prior		20,127		1,788
Financing Receivable, Four year prior		9,891		7,028
Prior		18,852		18,476
Term Loans Total		122,731		39,473
Revolving Loans		107,930		9,507
Grand Total		230,661		48,980
Commercial and Industrial [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		0		0
Financing Receivable, Prior year		0		0
Financing Receivable, Two year prior		111		0
Financing Receivable, Three year prior		24		0
Financing Receivable, Four year prior		33		0
Prior		121		1,337
Term Loans Total		289		1,337
Revolving Loans		109		0
Grand Total		398		1,337
Commercial and Industrial [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		0		0
Financing Receivable, Prior year		0		0
Financing Receivable, Two year prior		0		0
Financing Receivable, Three year prior		0		0
Financing Receivable, Four year prior		0		0
Prior		146		4
Term Loans Total		146		4
Revolving Loans		17		0
Grand Total		163		4
Commercial and Industrial [Member] | Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		0		0
Financing Receivable, Prior year		0		0
Financing Receivable, Two year prior		0		0
Financing Receivable, Three year prior		0		0
Financing Receivable, Four year prior		0		0
Prior		0		0
Term Loans Total		0		0
Revolving Loans		0		0
Grand Total		0		0
Commercial and Industrial [Member] | Loss [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		0		0
Financing Receivable, Prior year		0		0
Financing Receivable, Two year prior		0		0
Financing Receivable, Three year prior		0		0
Financing Receivable, Four year prior		0		0
Prior		0		0
Term Loans Total		0		0
Revolving Loans		0		0
Grand Total		0		0
Construction Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		960		2,507
Financing Receivable, Prior year		1,518		2,719
Financing Receivable, Two year prior		148		552
Financing Receivable, Three year prior		542		0
Financing Receivable, Four year prior		0		0
Prior		0		0
Term Loans Total		3,168		5,778
Revolving Loans		14,722		15,158
Grand Total		17,890		20,936
Current year-to-date gross write-offs, Current year		0	[1]	0
Current year-to-date gross write-offs, Prior year		0	[1]	0
Current year-to-date gross write-offs, Two year prior		0	[1]	0
Current year-to-date gross write-offs, Three year prior		0	[1]	0
Current year-to-date gross write-offs, Four year prior		0	[1]	0
Financing Receivable Originated Writeoffs Five or More Years Before Latest Fiscal Year, Total		0	[1]	0
Current year-to-date gross write-offs, Term Loans Total		0	[1]	0
Current year-to-date gross write-offs, Revolving Loans		0	[1]	0
Current year-to-date gross write-offs, Grand Total	[1]	0
Loans		17,890		20,936
Construction Real Estate [Member] | Performing Financial Instruments [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		960		2,507
Financing Receivable, Prior year		1,518		2,719
Financing Receivable, Two year prior		148		552
Financing Receivable, Three year prior		542		0
Financing Receivable, Four year prior		0		0
Prior		0		0
Term Loans Total		3,168		5,778
Revolving Loans		14,722		15,158
Grand Total		17,890		20,936
Construction Real Estate [Member] | Nonperforming Financial Instruments [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		0		0
Financing Receivable, Prior year		0		0
Financing Receivable, Two year prior		0		0
Financing Receivable, Three year prior		0		0
Financing Receivable, Four year prior		0		0
Prior		0		0
Term Loans Total		0
Revolving Loans		0
Grand Total		0
Construction Real Estate [Member] | Nonaccrual Financing Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		0		0
Financing Receivable, Prior year		0		0
Financing Receivable, Two year prior		0		0
Financing Receivable, Three year prior		0		0
Financing Receivable, Four year prior		0		0
Prior		0		0
Term Loans Total		0		0
Revolving Loans		0		0
Grand Total		0		0
Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		2,210		9,775
Financing Receivable, Prior year		9,053		13,876
Financing Receivable, Two year prior		11,434		6,771
Financing Receivable, Three year prior		6,202		2,849
Financing Receivable, Four year prior		2,487		1,260
Prior		2,100		1,202
Term Loans Total		33,486		35,733
Revolving Loans		782		808
Grand Total		34,268		36,541
Current year-to-date gross write-offs, Current year		0	[1]	8
Current year-to-date gross write-offs, Prior year		1	[1]	24
Current year-to-date gross write-offs, Two year prior		33	[1]	11
Current year-to-date gross write-offs, Three year prior		1	[1]	28
Current year-to-date gross write-offs, Four year prior		0	[1]	0
Financing Receivable Originated Writeoffs Five or More Years Before Latest Fiscal Year, Total		1	[1]	1
Current year-to-date gross write-offs, Term Loans Total		36	[1]	72
Current year-to-date gross write-offs, Revolving Loans		0	[1]	0
Current year-to-date gross write-offs, Grand Total		36	[1]	72
Loans		34,268		36,541
Total nonaccrual loans		200
Consumer Portfolio Segment [Member] | Performing Financial Instruments [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		2,210		9,775
Financing Receivable, Prior year		9,011		13,876
Financing Receivable, Two year prior		11,277		6,771
Financing Receivable, Three year prior		6,201		2,849
Financing Receivable, Four year prior		2,487		1,260
Prior		2,100		1,202
Term Loans Total		33,286		35,733
Revolving Loans		782		808
Grand Total		34,068		36,541
Consumer Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		0		0
Financing Receivable, Prior year		0		0
Financing Receivable, Two year prior		0		0
Financing Receivable, Three year prior		0		0
Financing Receivable, Four year prior		0		0
Prior		0		0
Term Loans Total		0		0
Revolving Loans		0		0
Grand Total		0		0
Consumer Portfolio Segment [Member] | Nonaccrual Financing Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		0		0
Financing Receivable, Prior year		42		0
Financing Receivable, Two year prior		157		0
Financing Receivable, Three year prior		1		0
Financing Receivable, Four year prior		0		0
Prior		0		0
Term Loans Total		200		0
Revolving Loans		0		0
Grand Total		200		0
Commercial Real Estate Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		10,189		23,600
Financing Receivable, Prior year		151,579		45,489
Financing Receivable, Two year prior		127,964		23,490
Financing Receivable, Three year prior		105,078		10,537
Financing Receivable, Four year prior		70,301		9,287
Prior		176,548		11,950
Term Loans Total		641,659		124,353
Revolving Loans		153,046		105,562
Grand Total		794,705		229,915
Current year-to-date gross write-offs, Current year		0	[1]	0
Current year-to-date gross write-offs, Prior year		0	[1]	55
Current year-to-date gross write-offs, Two year prior		0	[1]	30
Current year-to-date gross write-offs, Three year prior		0	[1]	71
Current year-to-date gross write-offs, Four year prior		0	[1]	0
Financing Receivable Originated Writeoffs Five or More Years Before Latest Fiscal Year, Total		0	[1]	2
Current year-to-date gross write-offs, Term Loans Total		0	[1]	158
Current year-to-date gross write-offs, Revolving Loans		0	[1]	0
Current year-to-date gross write-offs, Grand Total		0	[1]	158
Loans		794,705		786,921
Commercial Real Estate Portfolio Segment [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		10,189		23,600
Financing Receivable, Prior year		151,579		45,489
Financing Receivable, Two year prior		127,964		23,462
Financing Receivable, Three year prior		105,078		10,502
Financing Receivable, Four year prior		70,301		9,214
Prior		176,176		11,882
Term Loans Total		641,287		124,149
Revolving Loans		153,046		105,559
Grand Total		794,333		229,708
Commercial Real Estate Portfolio Segment [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		0		0
Financing Receivable, Prior year		0		0
Financing Receivable, Two year prior		0		28
Financing Receivable, Three year prior		0		35
Financing Receivable, Four year prior		0		73
Prior		372		64
Term Loans Total		372		200
Revolving Loans		0		3
Grand Total		372		203
Commercial Real Estate Portfolio Segment [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		0		0
Financing Receivable, Prior year		0		0
Financing Receivable, Two year prior		0		0
Financing Receivable, Three year prior		0		0
Financing Receivable, Four year prior		0		0
Prior		0		0
Term Loans Total		0		0
Revolving Loans		0		0
Grand Total		0		0
Commercial Real Estate Portfolio Segment [Member] | Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		0		0
Financing Receivable, Prior year		0		0
Financing Receivable, Two year prior		0		0
Financing Receivable, Three year prior		0		0
Financing Receivable, Four year prior		0		0
Prior		0		0
Term Loans Total		0		0
Revolving Loans		0		0
Grand Total		0		0
Commercial Real Estate Portfolio Segment [Member] | Loss [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		0		0
Financing Receivable, Prior year		0		0
Financing Receivable, Two year prior		0		0
Financing Receivable, Three year prior		0		0
Financing Receivable, Four year prior		0		0
Prior		0		0
Term Loans Total		0		0
Revolving Loans		0		0
Grand Total		0		0
Residential Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		7,133		54,231
Financing Receivable, Prior year		52,481		65,148
Financing Receivable, Two year prior		63,806		29,127
Financing Receivable, Three year prior		28,731		16,391
Financing Receivable, Four year prior		15,992		12,556
Prior		51,088		40,756
Term Loans Total		219,231		218,209
Revolving Loans		49,292		49,521
Grand Total		268,523		267,730
Current year-to-date gross write-offs, Current year		0	[1]	0
Current year-to-date gross write-offs, Prior year		0	[1]	0
Current year-to-date gross write-offs, Two year prior		0	[1]	0
Current year-to-date gross write-offs, Three year prior		0	[1]	0
Current year-to-date gross write-offs, Four year prior	[1]	0
Financing Receivable Originated Writeoffs Five or More Years Before Latest Fiscal Year, Total		0	[1]	0
Current year-to-date gross write-offs, Term Loans Total		0	[1]	0
Current year-to-date gross write-offs, Revolving Loans		0	[1]	0
Current year-to-date gross write-offs, Grand Total		0	[1]	0
Loans		268,523		267,730
Total nonaccrual loans		1,515		1,722	$ 1,596
Residential Portfolio Segment [Member] | Performing Financial Instruments [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		7,133		54,231
Financing Receivable, Prior year		52,345		64,768
Financing Receivable, Two year prior		63,307		28,301
Financing Receivable, Three year prior		28,034		16,391
Financing Receivable, Four year prior		15,992		12,556
Prior		50,977		40,270
Term Loans Total		217,788		216,517
Revolving Loans		49,220		49,491
Grand Total		267,008		266,008
Residential Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		0		0
Financing Receivable, Prior year		0		0
Financing Receivable, Two year prior		0		0
Financing Receivable, Three year prior		0		0
Financing Receivable, Four year prior		0		0
Prior		0		0
Term Loans Total		0		0
Revolving Loans		0		0
Grand Total		0		0
Residential Portfolio Segment [Member] | Nonaccrual Financing Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		0		0
Financing Receivable, Prior year		136		380
Financing Receivable, Two year prior		499		826
Financing Receivable, Three year prior		697		0
Financing Receivable, Four year prior		0		0
Prior		111		486
Term Loans Total		1,443		1,692
Revolving Loans		72		30
Grand Total		1,515		1,722
Loans to other financial institutions [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		30,032		19,400
Financing Receivable, Prior year		0		0
Financing Receivable, Two year prior		0		0
Financing Receivable, Three year prior		0		0
Financing Receivable, Four year prior		0		0
Prior		0		0
Term Loans Total		30,032		19,400
Revolving Loans		0		0
Grand Total		30,032		19,400
Current year-to-date gross write-offs, Current year		0	[1]	0
Current year-to-date gross write-offs, Prior year		0	[1]	26
Current year-to-date gross write-offs, Two year prior		0	[1]	0
Current year-to-date gross write-offs, Three year prior		0	[1]	0
Current year-to-date gross write-offs, Four year prior		0	[1]	0
Financing Receivable Originated Writeoffs Five or More Years Before Latest Fiscal Year, Total		0	[1]	1
Current year-to-date gross write-offs, Term Loans Total		0	[1]	27
Current year-to-date gross write-offs, Revolving Loans		0	[1]	0
Current year-to-date gross write-offs, Grand Total		0	[1]	27
Loans		30,032		19,400
Loans to other financial institutions [Member] | Performing Financial Instruments [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		30,032		19,400
Financing Receivable, Prior year		0		0
Financing Receivable, Two year prior		0		0
Financing Receivable, Three year prior		0		0
Financing Receivable, Four year prior		0		0
Prior		0		0
Term Loans Total		30,032		19,400
Revolving Loans		0		0
Grand Total		30,032		19,400
Loans to other financial institutions [Member] | Nonperforming Financial Instruments [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		0		0
Financing Receivable, Prior year		0		0
Financing Receivable, Two year prior		0		0
Financing Receivable, Three year prior		0		0
Financing Receivable, Four year prior		0		0
Prior		0		0
Term Loans Total		0		0
Revolving Loans		0		0
Grand Total		0		0
Loans to other financial institutions [Member] | Nonaccrual Financing Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		0		0
Financing Receivable, Prior year		0		0
Financing Receivable, Two year prior		0		0
Financing Receivable, Three year prior		0		0
Financing Receivable, Four year prior		0		0
Prior		0		0
Term Loans Total		0		0
Revolving Loans		0		0
Grand Total		0		0
Commercial Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		15,035		177,796
Financing Receivable, Prior year		180,800		183,866
Financing Receivable, Two year prior		174,115		133,601
Financing Receivable, Three year prior		128,276		84,079
Financing Receivable, Four year prior		81,921		60,337
Prior		218,188		168,178
Term Loans Total		798,335		807,857
Revolving Loans		269,542		258,189
Grand Total		1,067,877		1,066,046
Retail Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Current year		40,335		85,913
Financing Receivable, Prior year		63,052		81,743
Financing Receivable, Two year prior		75,388		36,450
Financing Receivable, Three year prior		35,475		19,240
Financing Receivable, Four year prior		18,479		13,816
Prior		53,188		41,958
Term Loans Total		285,917		279,120
Revolving Loans		64,796		65,487
Grand Total		$ 350,713		$ 344,607
[1] It is noted that write-offs in the table above do not include checking account write offs. Checking account write-offs during the first three months of 2024 were $ 87,000 or an annualized $ 348,000 compared to $ 480,000 during the full year 2023.

Loans and Allowance for Credi_7

Loans and Allowance for Credit Losses - Schedule of Information Regarding Credit Exposure (Parenthetical) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Receivables [Abstract]
Financing receivable originated checking accounts writeoffs	$ 87,000	$ 480,000
Financing receivable originated checking accounts writeoffs annualized	$ 348,000

Loans and Allowance for Credi_8

Loans and Allowance for Credit Losses - Summary of Amortized Cost Basis Loans Modified To Borrowers Experiencing On Financing Receivable (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized Cost Basis		$ 189
Term Extension	$ 178	189
Current [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Term Extension	52	60
30-89 days [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Term Extension	0	0
Greater than 90 days [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Term Extension	126	129
Commercial and Industrial [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized Cost Basis		$ 60
% of Total Class of Financing Receivable		0%
Term Extension	52	$ 60
Commercial and Industrial [Member] | Troubled Loan Modification [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Term Extension	52	60
Commercial and Industrial [Member] | Current [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Term Extension	52	60
Commercial and Industrial [Member] | 30-89 days [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Term Extension	0	0
Commercial and Industrial [Member] | Greater than 90 days [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Term Extension	0	0
Residential Real Estate [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized Cost Basis		$ 129
% of Total Class of Financing Receivable		0%
Term Extension	126	$ 129
Residential Real Estate [Member] | Troubled Loan Modification [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Term Extension	126	129
Residential Real Estate [Member] | Current [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Term Extension	0	0
Residential Real Estate [Member] | 30-89 days [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Term Extension	0	0
Residential Real Estate [Member] | Greater than 90 days [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Term Extension	126	129
Commercial And Industrial And Residential Real Estate Portfolio Segment [Member] | Troubled Loan Modification [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Term Extension	$ 178	$ 189

Loans and Allowance for Credi_9

Loans and Allowance for Credit Losses - Nonaccrual Loans by Loan Category (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans with no ACL	$ 479	$ 1,432	$ 707
Total nonaccrual loans	1,715	1,596	1,723
Interest income recognized during the period on nonaccrual loans	8	0	16
Commercial and Industrial [Member]
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans with no ACL			0
Total nonaccrual loans			1
Consumer Portfolio Segment [Member]
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans with no ACL	43
Total nonaccrual loans	200
Interest income recognized during the period on nonaccrual loans	5
Residential Portfolio Segment [Member]
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual loans with no ACL	436	1,432	707
Total nonaccrual loans	1,515	1,596	1,722
Interest income recognized during the period on nonaccrual loans	$ 3	$ 0	$ 16

Loans and Allowance for Cred_10

Loans and Allowance for Credit Losses - Aging Analysis of Loans by Loan Category (Details) - USD ($) $ in Thousands		Mar. 31, 2024	Dec. 31, 2023
Financing Receivable, Past Due [Line Items]
Loans		$ 1,418,590	$ 1,410,653
Loans, 90 Days Past Due and Accruing		0	0
Agricultural [Member]
Financing Receivable, Past Due [Line Items]
Loans		41,950	49,210
Loans, 90 Days Past Due and Accruing		0	0
Commercial and Industrial [Member]
Financing Receivable, Past Due [Line Items]
Loans		231,222	229,915
Loans, 90 Days Past Due and Accruing		0	0
Consumer Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Loans		34,268	36,541
Loans, 90 Days Past Due and Accruing		0	0
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Loans		794,705	786,921
Loans, 90 Days Past Due and Accruing		0	0
Construction Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Loans		17,890	20,936
Loans, 90 Days Past Due and Accruing		0	0
Residential Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Loans		268,523	267,730
Loans, 90 Days Past Due and Accruing			0
Loans To Other Financial Institutions [Member]
Financing Receivable, Past Due [Line Items]
Loans		30,032	19,400
Financial Asset, 30 to 59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	1,077	959
Financial Asset, 30 to 59 Days Past Due [Member] | Agricultural [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	0	0
Financial Asset, 30 to 59 Days Past Due [Member] | Commercial and Industrial [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	0	0
Financial Asset, 30 to 59 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	31	31
Financial Asset, 30 to 59 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	173	173
Financial Asset, 30 to 59 Days Past Due [Member] | Construction Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	0	0
Financial Asset, 30 to 59 Days Past Due [Member] | Residential Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	873	755
Financial Asset, 60 to 89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	864	551
Financial Asset, 60 to 89 Days Past Due [Member] | Agricultural [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	0	0
Financial Asset, 60 to 89 Days Past Due [Member] | Commercial and Industrial [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	0	0
Financial Asset, 60 to 89 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	94	2
Financial Asset, 60 to 89 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	0	0
Financial Asset, 60 to 89 Days Past Due [Member] | Construction Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	0	0
Financial Asset, 60 to 89 Days Past Due [Member] | Residential Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	770	549
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	130	871
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Agricultural [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Commercial and Industrial [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	0	1
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	4	0
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Construction Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Residential Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	126	870
Financial Asset, Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	2,071	2,381
Financial Asset, Past Due [Member] | Agricultural [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	0	0
Financial Asset, Past Due [Member] | Commercial and Industrial [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	0	1
Financial Asset, Past Due [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	129	33
Financial Asset, Past Due [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	173	173
Financial Asset, Past Due [Member] | Construction Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	0	0
Financial Asset, Past Due [Member] | Residential Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Loans	[1]	1,769	2,174
Financial Asset, Not Past Due [Member]
Financing Receivable, Past Due [Line Items]
Loans		1,416,519	1,408,272
Financial Asset, Not Past Due [Member] | Agricultural [Member]
Financing Receivable, Past Due [Line Items]
Loans		41,950	49,210
Financial Asset, Not Past Due [Member] | Commercial and Industrial [Member]
Financing Receivable, Past Due [Line Items]
Loans		231,222	229,914
Financial Asset, Not Past Due [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Loans		34,139	36,508
Financial Asset, Not Past Due [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Loans		794,532	786,748
Financial Asset, Not Past Due [Member] | Construction Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Loans		17,890	20,936
Financial Asset, Not Past Due [Member] | Residential Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Loans		266,754	265,556
Financial Asset, Not Past Due [Member] | Loans To Other Financial Institutions [Member]
Financing Receivable, Past Due [Line Items]
Loans		$ 30,032	$ 19,400
[1] Includes nonaccrual loans.

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Details) - shares	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Share-Based Payment Arrangement, Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	4,500	0

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Basic Earnings Per Share and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Net income	$ 5,634	$ 5,633
Weighted average common shares outstanding	7,552,680	7,519,282
Basic earnings per common shares	$ 0.75	$ 0.75
Net income	$ 5,634	$ 5,633
Plus dilutive stock options and restricted stock units	47,336	33,047
Weighted average common shares outstanding and potentially dilutive shares	7,600,016	7,552,329
Diluted earnings per common share	$ 0.74	$ 0.75

Financial Instruments - Summary

Financial Instruments - Summary of Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Equity securities at fair value	$ 7,560	$ 7,505
Securities available for sale, at fair value (Note 2)	504,636	514,598
Loans to other financial institutions	30,032	19,400
Noninterest-bearing deposits	502,685	547,625
Interest-bearing deposits	1,641,193	1,550,985
Interest Rate Derivative Contracts
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate contracts	20,231	8,880
Derivative instruments liabilities	0	0
Reported Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	150,129	55,433
Equity securities at fair value	7,560	7,505
Securities available for sale, at fair value (Note 2)	504,636	514,598
Securities held to maturity	397,981	407,959
Federal Home Loan Bank Stock and Federal Reserve Bank Stock	9,515	9,514
Loans held for sale	6,035	4,710
Loans, net	1,402,553	1,394,968
Accrued interest receivable	11,454	10,066
Interest rate lock commitments	73	64
Noninterest-bearing deposits	502,685	547,625
Interest-bearing deposits	1,641,193	1,550,985
Brokered deposits	41,970	23,445
Borrowings	210,000	200,000
Subordinated debentures	35,568	35,507
Accrued interest payable	2,955	6,223
Reported Value Measurement [Member] | Interest Rate Derivative Contracts
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate contracts	20,231	8,880
Derivative instruments liabilities	0	0
Reported Value Measurement [Member] | Loan Swaps [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate contracts	18
Derivative instruments liabilities	18
Estimate of Fair Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	150,129	55,433
Equity securities at fair value	7,560	7,505
Securities available for sale, at fair value (Note 2)	504,636	514,598
Securities held to maturity	339,210	348,791
Federal Home Loan Bank Stock and Federal Reserve Bank Stock	9,515	9,514
Loans held for sale	6,216	4,851
Loans, net	1,360,841	1,362,920
Accrued interest receivable	11,454	10,066
Interest rate lock commitments	73	64
Noninterest-bearing deposits	502,685	547,625
Interest-bearing deposits	1,639,387	1,549,386
Brokered deposits	41,900	23,435
Borrowings	209,629	199,743
Subordinated debentures	31,659	31,748
Accrued interest payable	2,955	6,223
Estimate of Fair Value Measurement [Member] | Interest Rate Derivative Contracts
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate contracts	20,231	8,880
Derivative instruments liabilities	0	0
Estimate of Fair Value Measurement [Member] | Loan Swaps [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate contracts	18
Derivative instruments liabilities	18
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	150,129	55,433
Equity securities at fair value	4,705	4,749
Securities available for sale, at fair value (Note 2)	79,276	80,194
Securities held to maturity	0	0
Federal Home Loan Bank Stock and Federal Reserve Bank Stock	0	0
Loans held for sale	0	0
Loans, net	0	0
Accrued interest receivable	0	0
Interest rate lock commitments	0	0
Noninterest-bearing deposits	502,685	547,625
Interest-bearing deposits	0	0
Brokered deposits	0
Borrowings	0	0
Subordinated debentures	0	0
Accrued interest payable	0	0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | Interest Rate Derivative Contracts
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate contracts	0	0
Derivative instruments liabilities	0	0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | Loan Swaps [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate contracts	0
Derivative instruments liabilities	0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	0	0
Equity securities at fair value	0	0
Securities available for sale, at fair value (Note 2)	425,360	434,404
Securities held to maturity	326,243	335,493
Federal Home Loan Bank Stock and Federal Reserve Bank Stock	9,515	9,514
Loans held for sale	6,216	4,851
Loans, net	0	0
Accrued interest receivable	11,454	10,066
Interest rate lock commitments	73	64
Noninterest-bearing deposits	0	0
Interest-bearing deposits	1,639,387	1,549,386
Brokered deposits	41,900	23,435
Borrowings	209,629	199,743
Subordinated debentures	31,659	31,748
Accrued interest payable	2,955	6,223
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Rate Derivative Contracts
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate contracts	20,231	8,880
Derivative instruments liabilities	0	0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Loan Swaps [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate contracts	18
Derivative instruments liabilities	18
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	0	0
Equity securities at fair value	2,855	2,756
Securities available for sale, at fair value (Note 2)	0	0
Securities held to maturity	12,967	13,298
Federal Home Loan Bank Stock and Federal Reserve Bank Stock	0	0
Loans held for sale	0	0
Loans, net	1,360,841	1,362,920
Accrued interest receivable	0	0
Interest rate lock commitments	0	0
Noninterest-bearing deposits	0	0
Interest-bearing deposits	0	0
Brokered deposits	0
Borrowings	0	0
Subordinated debentures	0	0
Accrued interest payable	0	0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | Interest Rate Derivative Contracts
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate contracts	0	0
Derivative instruments liabilities	0	$ 0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | Loan Swaps [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate contracts	0
Derivative instruments liabilities	$ 0

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Assets and Liabilities Measured at Fair Value (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities at fair value	$ 7,560	$ 7,505
Securities available for sale	504,636	514,598
Interest Rate Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate contracts	20,231	8,880
Derivative instruments liabilities	0	0
US Treasury Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	79,276	80,194
US States and Political Subdivisions Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	230,928	234,682
Collateralized Mortgage-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	183,750	188,501
Corporate Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	204	204
Asset-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	10,478	11,017
Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	504,636	514,598
Fair Value, Recurring [Member] | Interest Rate Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate contracts	20,231	8,880
Derivative instruments liabilities	0	0
Fair Value, Recurring [Member] | Loan Swaps [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate contracts	18
Derivative instruments liabilities	18
Fair Value, Recurring [Member] | Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities at fair value	7,560	7,505
Fair Value, Recurring [Member] | US Treasury Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	79,276	80,194
Fair Value, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	230,928	234,682
Fair Value, Recurring [Member] | Collateralized Mortgage-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	183,750	188,501
Fair Value, Recurring [Member] | Corporate Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	204	204
Fair Value, Recurring [Member] | Asset-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	10,478	11,017
Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	79,276	80,194
Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member] | Interest Rate Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate contracts	0	0
Derivative instruments liabilities	0	0
Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member] | Loan Swaps [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate contracts	0
Derivative instruments liabilities	0
Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member] | Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities at fair value	4,705	4,749
Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member] | US Treasury Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	79,276	80,194
Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member] | Collateralized Mortgage-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member] | Corporate Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member] | Asset-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	425,360	434,404
Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member] | Interest Rate Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate contracts	20,231	8,880
Derivative instruments liabilities	0	0
Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member] | Loan Swaps [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate contracts	18
Derivative instruments liabilities	18
Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member] | Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities at fair value	0	0
Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member] | US Treasury Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	230,928	234,682
Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member] | Collateralized Mortgage-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	183,750	188,501
Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member] | Corporate Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	204	204
Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member] | Asset-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	10,478	11,017
Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member] | Interest Rate Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate contracts	0	0
Derivative instruments liabilities	0	0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member] | Loan Swaps [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate contracts	0
Derivative instruments liabilities	0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member] | Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities at fair value	2,855	2,756
Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member] | US Treasury Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member] | Collateralized Mortgage-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member] | Corporate Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member] | Asset-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	$ 0	$ 0

Fair Value Measurements - Chang

Fair Value Measurements - Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis (Details) - Equity Securities [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Balance	$ 2,756	$ 2,542
Total realized and unrealized gains included in noninterest income	79	25
Net purchases, sales, calls, and maturities	20	70
Net transfers into Level 3	0	0
Balance	2,855	2,637
Amount of total losses for the period included in earning attributable to the change in unrealized gains (losses)relating to assets and liabilities still held at March 31,	$ 1	$ 5

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities purchased	$ 20,000	$ 70,000
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net unrealized gain	$ 291,000	$ 165,000

Fair Value Measurements - Asset

Fair Value Measurements - Assets Measured at Fair Value on a Non-recurring Basis (Details) - Fair Value, Nonrecurring [Member] - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral Dependent Loans	$ 1,611	$ 387
Other Real Estate	122	122
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral Dependent Loans	0	0
Other Real Estate	0	0
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral Dependent Loans	0	0
Other Real Estate	0	0
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral Dependent Loans	1,611	387
Other Real Estate	$ 122	$ 122

Revenue from Contracts with C_3

Revenue from Contracts with Customers - Schedule of Noninterest Income Separated by Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Noninterest income from contracts with customers within the scope of ASC 606	$ 2,965	$ 2,784
Noninterest income within the scope of other GAAP topics	1,086	887
Total noninterest income	4,051	3,671
Service Charges and Fees on Deposit Accounts [Member]
Noninterest income from contracts with customers within the scope of ASC 606	1,118	1,027
Interchange Income [Member]
Noninterest income from contracts with customers within the scope of ASC 606	1,287	1,240
Investment Commission Income [Member]
Noninterest income from contracts with customers within the scope of ASC 606	198	196
Trust Fee Income [Member]
Noninterest income from contracts with customers within the scope of ASC 606	213	184
Other Charges and Fees for Customer Services [Member]
Noninterest income from contracts with customers within the scope of ASC 606	$ 149	$ 137

Derivative and Hedging Activi_3

Derivative and Hedging Activities - Additional Information (Details) - Designated as Hedging Instrument [Member]	3 Months Ended				12 Months Ended
	Mar. 31, 2024 USD ($)	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($) Interest	Jun. 30, 2022 USD ($) Interest	Dec. 31, 2022 USD ($) Interest
Pay Floating Swap Agreement [Member]
Derivative [Line Items]
Loss on derivative				$ 205,000
Pay Floating Swap Agreement [Member] | Cash Flow Hedging [Member]
Derivative [Line Items]
Derivative, Number of Instruments Held, Total | Interest				2
Derivative, Notional Amount				$ 200,000,000
Derivative, Fixed Coupon Rate				2.41%
Derivative instrument cash payment		$ 4,200,000
Pay Fixed Swap Agreement [Member] | Cash Flow Hedging [Member]
Derivative [Line Items]
Derivative, Number of Instruments Held, Total | Interest				1
Derivative, Notional Amount			$ 49,100,000	$ 200,000,000	$ 49,100,000
Derivative, Fixed Coupon Rate				2.75%
Derivative Instruments, Net cash settlements received	$ 1,000,000	$ 565,000,000
Derivative, Term of Contract (Year)				8 years	9 years
Pay Fixed Swap Agreement [Member] | Cash Flow Hedging [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Derivative [Line Items]
Derivative, Basis Spread on Variable Rate			3.403%		3.403%
Pay Fixed Swap Agreement [Member] | Fair Value Hedging [Member]
Derivative [Line Items]
Derivative, Number of Instruments Held, Total | Interest			4		4
Derivative, Notional Amount			$ 201,000,000		$ 201,000,000
Pay Fixed Swap Agreements Expiring in 2032 [Member] | Fair Value Hedging [Member]
Derivative [Line Items]
Derivative, Notional Amount			$ 101,900,000		$ 101,900,000
Derivative, Term of Contract (Year)			10 years
Pay Fixed Swap Agreements Expiring in 2032 [Member] | Fair Value Hedging [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Derivative [Line Items]
Derivative, Basis Spread on Variable Rate			3.39%		3.39%
The 3.4015 Percent Pay Fixed Swap Agreement [Member] | Fair Value Hedging [Member]
Derivative [Line Items]
Derivative, Notional Amount			$ 50,000,000		$ 50,000,000
Derivative, Term of Contract (Year)			9 years
The 3.4015 Percent Pay Fixed Swap Agreement [Member] | Fair Value Hedging [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Derivative [Line Items]
Derivative, Basis Spread on Variable Rate			3.4015%		3.4015%

Derivative and Hedging Activi_4

Derivative and Hedging Activities - Schedule of Derivatives Instruments in Balance Sheet Location (Details) - Interest Rate Contract [Member] - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Derivatives, Fair Value [Line Items]
Interest rate contracts	$ 20,231	$ 8,880
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Other Assets	Other Assets
Interest rate contracts	$ 0	$ 0
Derivative Liability, Statement of Financial Position [Extensible Enumeration]	Other Liabilities	Other Liabilities

Derivative and Hedging Activi_5

Derivative and Hedging Activities - Location and Amount of Gain (Loss) in Income on Fair Value and Cash Flow Hedging Relationships (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest Income [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Total amounts of income and expense line items presented in the consolidated statements of income in which the effects of fair value or cash flow hedges are recorded	$ 58	$ (366)
Interest Income [Member] | Interest Rate Contract, Hedged Items [Member]
Derivative Instruments, Gain (Loss) [Line Items]
The effects of fair value and cash flow hedging:	(5,323)	6,022
Interest Income [Member] | Interest Rate Contract [Member] | Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
The effects of fair value and cash flow hedging:	5,265	(5,960)
Interest Income [Member] | Interest Rate Contract [Member] | Designated as Hedging Instrument [Member] | Fair Value Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount excluded from effectiveness testing recognized in earnings based on amortization approach	0	0
Interest Income [Member] | Interest Rate Contract [Member] | Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain or (loss) reclassified from accumulated other comprehensive income into income	(887)	(156)
Amount excluded from effectiveness testing recognized in earnings based on amortization approach	0	0
Interest Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Total amounts of income and expense line items presented in the consolidated statements of income in which the effects of fair value or cash flow hedges are recorded	0	0
Interest Expense [Member] | Interest Rate Contract, Hedged Items [Member]
Derivative Instruments, Gain (Loss) [Line Items]
The effects of fair value and cash flow hedging:	0	0
Interest Expense [Member] | Interest Rate Contract [Member] | Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
The effects of fair value and cash flow hedging:	0	0
Interest Expense [Member] | Interest Rate Contract [Member] | Designated as Hedging Instrument [Member] | Fair Value Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount excluded from effectiveness testing recognized in earnings based on amortization approach	0	0
Interest Expense [Member] | Interest Rate Contract [Member] | Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain or (loss) reclassified from accumulated other comprehensive income into income	0	0
Amount excluded from effectiveness testing recognized in earnings based on amortization approach	$ 0	$ 0

Derivatives and Hedging Activit

Derivatives and Hedging Activities - Schedule of Cumulative Basis Adjustments on Hedged Items Designated as Fair Value Hedges and Related Amortized Cost (Details) - Designated as Hedging Instrument [Member] $ in Thousands	Mar. 31, 2024 USD ($)
Interest rate contracts	$ 222,194
Cumulative amount of discontinued cash flow hedge	$ (5,719)
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Securities available for sale