Codorus Valley Bancorp (CVLY) 10-Q 6 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 And Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2024
Document Transition Report	false
Current Fiscal Year End Date	--12-31
Entity File Number	0-15536
Entity Registrant Name	CODORUS VALLEY BANCORP, INC.
Entity Incorporation, State or Country Code	PA
Entity Tax Identification Number	23-2428543
Entity Address, Address Line One	105 Leader Heights Road
Entity Address, City or Town	York
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	17403
City Area Code	717
Local Phone Number	747-1519
Title of 12(b) Security	Common Stock, $2.50 par value
Trading Symbol	CVLY
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		9,662,378
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q1
Entity Central Index Key	0000806279
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets
Interest bearing deposits with banks	$ 11,128	$ 10,882
Cash and due from banks	15,534	22,809
Total cash and cash equivalents	26,662	33,691
Securities, available-for-sale, at fair value (amortized cost $382,516 at March 31, 2024 and $390,397 at December 31, 2023, respectively)	339,495	349,767
Restricted investment in bank stocks, at cost	3,186	3,146
Loans held for sale	958	822
Loans (net of deferred fees of $3,636 - 2024 and $3,752 - 2023)	1,739,269	1,705,608
Less-allowance for credit losses	(21,645)	(20,506)
Net loans	1,717,624	1,685,102
Premises and equipment, net	19,090	19,563
Operating leases right-of-use assets	2,591	2,746
Goodwill	2,301	2,301
Other assets	96,686	97,660
Total assets	2,208,593	2,194,798
Deposits
Noninterest bearing	365,358	379,288
Interest bearing	1,549,705	1,494,054
Total deposits	1,915,063	1,873,342
Short-term borrowings	30,314	56,541
Long-term debt and junior subordinated debt	11,513	11,520
Subordinated notes - face amount $31,000 (less discount and debt issuance cost of $135 at March 31, 2024 and $155 at December 31, 2023)	30,865	30,845
Operating leases liabilities	2,687	2,848
Allowance for credit losses on off-balance sheet credit exposures	1,503	2,278
Other liabilities	15,654	17,819
Total liabilities	2,007,599	1,995,193
Shareholders' equity
Preferred stock, par value $2.50 per share; 1,000,000 shares authorized; shares issued and outstanding: 0 at March 31,2024 and 0 at December 31, 2023	0	0
Common stock, par value $2.50 per share; 30,000,000 shares authorized; shares issued: 9,883,660 at March 31, 2024 and December 31, 2023; and shares outstanding: 9,662,378 at March 31, 2024 and 9,642,851 at December 31, 2023	24,709	24,709
Additional paid-in capital	142,816	142,633
Retained earnings	71,249	68,633
Accumulated other comprehensive loss	(32,911)	(31,082)
Treasury stock shares outstanding, at cost: 221,282 shares at March 31, 2024 and 240,809 at December 31, 2023	(4,869)	(5,288)
Total shareholders' equity	200,994	199,605
Total liabilities and shareholders' equity	$ 2,208,593	$ 2,194,798

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Securities, amortized cost	$ 382,516,000	$ 390,397,000
Loans, deferred fees	$ 3,636,000	$ 3,752,000
Preferred stock, par value	$ 2.50	$ 2.50
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 2.50	$ 2.50
Common stock, shares authorized	30,000,000	30,000,000
Common stock, shares issued	9,883,660	9,883,660
Common stock, shares outstanding	9,662,378	9,642,851
Treasury stock, at cost, shares	221,282	240,809
Subordinated Notes [Member]
Debt instrument face amount	$ 31,000,000	$ 31,000,000
Unamortized discount and debt issuance cost	$ 135,000	$ 155,000

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest income
Loans, including fees	$ 26,855	$ 23,034
Investment securities:
Taxable	2,651	2,457
Tax-exempt	109	101
Dividends	74	17
Other	155	684
Total interest income	29,844	26,293
Interest expense
Deposits	10,738	5,137
Federal funds purchased and other short-term borrowings	878	38
Long-term debt and junior subordinated debt	217	194
Subordinated notes	369	369
Total interest expense	12,202	5,738
Net interest income	17,642	20,555
Provision for credit losses on loans	891	492
(Recovery of) provision for credit losses - unfunded commitments	(775)	246
Net interest income after provision for credit losses	17,526	19,817
Noninterest income
Trust and investment services fees	1,421	1,202
Income from mutual fund, annuity and insurance sales	314	369
Service charges on deposit accounts	1,455	1,485
Income from bank owned life insurance	414	322
Other income	467	862
Gain on sales of loans held for sale	105	10
Gain on sales of assets held for sale	0	118
Loss on sales of securities	0	(388)
Total noninterest income	4,176	3,980
Noninterest expense
Personnel	9,879	9,042
Occupancy of premises, net	894	978
Furniture and equipment	828	838
Professional and legal	283	467
Marketing	312	276
FDIC insurance	246	250
Debit card processing	470	478
External data processing	1,111	1,010
Merger related expenses	118	0
Committee & director fees	320	358
PA shares tax	363	343
Impaired (recovery of) loan carrying costs	74	(98)
Other	1,363	869
Total noninterest expense	16,261	14,811
Income before income taxes	5,441	8,986
Provision for income taxes	1,186	1,994
Net income	$ 4,255	$ 6,992
Net income per share, basic	$ 0.44	$ 0.73
Net income per share, diluted	$ 0.44	$ 0.73

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2024	Mar. 31, 2023
Consolidated Statements of Comprehensive Income [Abstract]
Net income		$ 4,255	$ 6,992
Securities available for sale:
Net unrealized holding (losses) gains arising during the period (net of tax (benefit) expense of ($562) and $1,083, respectively)		(1,829)	3,526
Reclassification adjustment for losses included in net income (net of tax benefit of $0 and $91, respectively)	[1],[2]	0	297
Net unrealized (loss) gain		(1,829)	3,823
Comprehensive income		$ 2,426	$ 10,815
[1] Amounts are included in net gain (loss) on sales of securities on the Consolidated Statements of Income within noninterest income. Income tax amounts are included in the provision (benefit) for income taxes on the Consolidated Statements of Income.

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Consolidated Statements of Comprehensive Income [Abstract]
Net unrealized holding (losses) gains arising during the period, tax (benefit) expense	$ (562)	$ 1,083
Reclassification adjustment for losses (gains) included in net income, tax (benefit) expense	$ 0	$ 91

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Cash flows from operating activities
Net income	$ 4,255	$ 6,992
Adjustments to reconcile net income to net cash provided by operations:
Depreciation/software amortization	588	585
Net accretion income	(137)	(66)
Net change in operating lease liabilities	(161)	(145)
(Recovery of) provision for credit losses on off-balance sheet credit exposures	(775)	246
Provision for credit losses on loans	891	492
Deferred income tax expense	0	(667)
Increase in bank owned life insurance	(414)	(322)
Originations of loans held for sale	(3,996)	(277)
Proceeds from sales of loans held for sale	4,108	442
Gain on sales of loans held for sale	(105)	(10)
Gain on disposal of premises and equipment	0	(118)
Loss on sales of securities, available-for-sale	0	388
Stock-based compensation	655	454
(Increase) decrease in interest receivable	(380)	316
Decrease (increase) in other assets	2,363	(1,455)
Increase in interest payable	634	609
Decrease in other liabilities	(2,022)	(2,762)
Net cash provided by operating activities	5,504	4,702
Cash flows from investing activities
Purchases of securities, available-for-sale	(744)	(12,247)
Maturities, repayments and calls of securities, available-for-sale	8,581	8,113
Sales of securities, available-for-sale	0	4,253
Purchase of restricted investment in bank stock	(2,080)	(2,000)
Redemption of restricted investment in bank stock	2,040	0
Net increase in loans made to customers	(34,637)	(15,710)
Proceeds from sale of commercial loans held for sale	640	1,336
Purchases of premises and equipment	(127)	(757)
Proceeds from sale of fixed assets	0	685
Net cash used in investing activities	(26,327)	(16,327)
Cash flows from financing activities
Net increase (decrease) in demand and savings deposits	2,017	(73,823)
Net increase in time deposits	39,704	19,989
Net (decrease) increase in short-term borrowings	(26,227)	49,766
Net change in finance lease liabilities	(8)	(7)
Cash dividends paid to shareholders	(1,639)	(1,533)
Payment of taxes related to stock withheld	(197)	(139)
Treasury stock reissued	620	475
Proceeds from issuance of stock, net	(476)	(277)
Net cash provided by (used in) financing activities	13,794	(5,549)
Net decrease in cash and cash equivalents	(7,029)	(17,174)
Cash and cash equivalents at beginning of year	33,691	120,439
Cash and cash equivalents at end of period	$ 26,662	$ 103,265

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands	Common Stock [Member] Cumulative Effect, Period of Adoption, Adjusted Balance [Member]	Common Stock [Member]	Additional Paid-In Capital [Member] Cumulative Effect, Period of Adoption, Adjusted Balance [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member] Cumulative Effect, Period of Adoption, Adjustment [Member]	Retained Earnings [Member] Cumulative Effect, Period of Adoption, Adjusted Balance [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive (Loss) Income [Member] Cumulative Effect, Period of Adoption, Adjusted Balance [Member]	Accumulated Other Comprehensive (Loss) Income [Member]	Treasury Common Stock [Member] Cumulative Effect, Period of Adoption, Adjusted Balance [Member]	Treasury Common Stock [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]	Cumulative Effect, Period of Adoption, Adjusted Balance [Member]	Total
Balance at Dec. 31, 2022	$ 24,709	$ 24,709	$ 141,896	$ 141,896	$ (2,149)	$ 49,997	$ 52,146	$ (34,764)	$ (34,764)	$ (6,687)	$ (6,687)	$ (2,149)	$ 175,151	$ 177,300
Net income							6,992							6,992
Other comprehensive income (loss), net of tax									3,823					3,823
Cash dividends							(1,533)							(1,533)
Stock-based compensation				454										454
Forfeiture of restricted stock and withheld shares				25							(164)			(139)
Issuance and reissuance of stock:
Issuance of shares under the dividend reinvestment and stock purchase plan				15							137			152
Issuance of shares under the employee stock option plan				(25)							71			46
Issuance of shares under stock-based compensation awards				(267)							267			0
Balance at Mar. 31, 2023		24,709		142,098			55,456		(30,941)		(6,376)			184,946
Balance at Dec. 31, 2023		24,709		142,633			68,633		(31,082)		(5,288)			199,605
Net income							4,255							4,255
Other comprehensive income (loss), net of tax									(1,829)					(1,829)
Cash dividends							(1,639)							(1,639)
Stock-based compensation				655										655
Forfeiture of restricted stock and withheld shares											(197)			(197)
Issuance and reissuance of stock:
Issuance of shares under the dividend reinvestment and stock purchase plan				11							136			147
Issuance of shares under employee stock purchase plan				1							4			3
Issuance of shares under stock-based compensation awards				(484)							484			0
Balance at Mar. 31, 2024		$ 24,709		$ 142,816			$ 71,249		$ (32,911)		$ (4,869)			$ 200,994

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Consolidated Statements of Changes in Shareholders' Equity [Abstract]
Cash dividends, per share	$ 0.17	$ 0.16
Forfeiture of restricted stock and withheld shares, shares	8,734	8,039
Issuance and reissuance of stock:
Shares under the dividend reinvestment and stock purchase plan	6,472	6,079
Shares under the stock option plan		3,131
Shares under employee stock purchase plan	(182)
Shares of stock-based compensation awards	21,971	11,816

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2024
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 1—Summary of Significant Accounting Policies Nature of Operations and Basis of Presentation The accompanying consolidated balance sheet at December 31, 2023 has been derived from audited financial statements, and the unaudited interim consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information, the instructions to Form 10-Q, and Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 270. Accordingly, the interim financial statements do not include all of the financial information and notes required by generally accepted accounting principles for complete financial statements. In the opinion of management, the interim consolidated financial statements include all adjustments necessary to present fairly the financial condition and results of operations for the reported periods, and all such adjustments are of a normal and recurring nature. Codorus Valley Bancorp, Inc. (“Corporation” or “Codorus Valley”) is a bank holding company headquartered in York, Pennsylvania that provides a full range of banking services through its subsidiary, PeoplesBank, A Codorus Valley Company (“PeoplesBank” or “Bank”). As of March 31, 2024, PeoplesBank operates one wholly-owned subsidiary, Codorus Valley Financial Advisors, Inc. d/b/a PeoplesWealth Advisors, which sells nondeposit investment products. In addition, PeoplesBank may periodically create nonbank subsidiaries for the purpose of temporarily holding foreclosed properties pending the liquidation of these properties. PeoplesBank operates under a state charter and is subject to regulation by the Pennsylvania Department of Banking and Securities, and the Federal Deposit Insurance Corporation. The Corporation is subject to regulation by the Board of Governors of the Federal Reserve System and the Pennsylvania Department of Banking and Securities. The consolidated financial statements include the accounts of Codorus Valley and its wholly-owned bank subsidiary, PeoplesBank, and a wholly-owned nonbank subsidiary, SYC Realty Company, Inc. SYC Realty was inactive during the period ended March 31, 2024. The accounts of CVB Statutory Trust No. I and No. II are not included in the consolidated financial statements as discussed in Note 6—Short-Term Borrowings and Long-Term Debt. All significant intercompany account balances and transactions have been eliminated in consolidation. The accounting and reporting policies of Codorus Valley and subsidiaries conform to accounting principles generally accepted in the United States of America and have been followed on a consistent basis. These consolidated statements should be read in conjunction with the notes to the audited consolidated financial statements contained in the Corporation’s Annual Report on Form 10-K for the year ended December 31, 2023. The results of operations for the three months ended March 31, 2024 are not necessarily indicative of the results to be expected for the full year. In accordance with FASB ASC 855, the Corporation evaluated the events and transactions that occurred after the balance sheet date of March 31, 2024 and through the date these consolidated financial statements were issued, for items of potential recognition or disclosure. Agreement and Plan of Merger with Orrstown Financial Services, Inc. On December 12, 2023, Codorus Valley Bancorp, Inc. and Orrstown Financial Services, Inc., a Pennsylvania corporation (“Orrstown”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) pursuant to which Codorus Valley Bancorp, Inc. will be merged with and into Orrstown, with Orrstown as the surviving corporation (the “Merger”). Promptly following the Merger, PeoplesBank will be merged with and into Orrstown Bank, a Pennsylvania chartered bank,, which is the wholly-owned subsidiary of Orrstown, with Orrstown Bank as the surviving bank (the “Bank Merger”). The Merger and the Bank Merger are collectively referred to as the “pending Merger.” The pending Merger has been approved by the board of directors of Codorus Valley Bancorp, Inc. and Orrstown and is expected to close in the third quarter of 2024, subject to satisfaction of customary closing conditions, including receipt of required regulatory approvals and approvals from Orrstown and Codorus Valley shareholders. Upon completion of the pending Merger, Orrstown shareholders are expected to own approximately 56 % of the outstanding shares of the combined company and Codorus Valley shareholders are expected to own approximately 44 % of the outstanding shares of the combined company. A copy of the Merger Agreement is included as Exhibit 2.1 to the Current Report on Form 8-K filed by Codorus Valley Bancorp, Inc. with the Securities and Exchange Commission on December 12, 2023. Allowance for Credit Losses—Available-for-Sale Securities For available-for-sale debt securities in an unrealized loss position, the Corporation first assesses whether it intends to sell, or it is more likely than not that it will be required to sell the security before recovery of its 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. For debt securities available-for-sale that do not meet the aforementioned criteria, the Corporation evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency and adverse conditions specifically related to 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 cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an allowance for credit losses is recorded, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an allowance for credit loss is recognized in other comprehensive income. Changes in the allowance for credit losses are recorded as provision for credit loss expense (or reversal). Losses are charged against the allowance when management believes the uncollectibility of an available-for-sale security is confirmed or when either of the criteria regarding intent or requirement to sell is met. Accrued interest receivable on available-for-sale debt securities, which totaled $ 1,600,000 as of March 31, 2024, is excluded from the estimate of credit losses . Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at amortized cost, net of the allowance for credit losses. Amortized cost is the principal balance outstanding, net of deferred loan fees and costs. Accrued interest receivable totaled $ 6,800,000 at March 31, 2024 and was reported in other assets on the consolidated balance sheets and is excluded from the estimate of credit losses. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the level-yield method without anticipating prepayments. The loans receivable portfolio is disaggregated into segments. The segments include commercial, commercial real estate – construction, commercial real estate – owner occupied, commercial real estate – non-owner occupied, residential real estate – construction, residential real estate – revolving, residential real estate – multi family, residential real estate - other, and consumer loans. Interest income on mortgage and commercial loans is discontinued and placed on nonaccrual status at the time the loan is 90 days delinquent unless the loan is well secured and in process of collection. Mortgage loans are charged off at 180 days past due, and commercial loans are charged off to the extent principal or interest is deemed uncollectible. Consumer loans continue to accrue interest until they are charged off no later than 120 days past due unless the loan is in the process of collection. Past due status is based on the contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued but not received for loans placed on nonaccrual is reversed against interest income. Interest received on such loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Under the cost-recovery method, interest income is not recognized until the loan balance is reduced to zero. Under the cash-basis method, interest income is recorded when the payment is received in cash. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. As disclosed in Note 4—Loans and Allowance for Credit Losses, the Corporation engages in commercial and consumer lending. Loans are made within the Corporation’s primary market area and surrounding areas, and include the purchase of whole loan or participation interests in loans from other financial institutions. Commercial loans, which pose the greatest risk of loss to the Corporation, whether originated or purchased, are generally secured by real estate. Allowance for credit losses – loans The allowance for credit losses (“ACL”) is a valuation account that is deducted from the loans’ amortized cost basis to present the net amount expected to be collected on the loans. Loans are charged off against the allowance when management believes the uncollectibility of a loan balance is confirmed. Expected recoveries do not exceed the aggregate of amounts previously charged-off and expected to be charged-off. Management estimates the allowance balance using relevant available information from both internal and external sources, relating to past events, current conditions and reasonable and supportable forecasts. Historical credit loss experience provides the basis for the estimation of expected credit losses. Adjustments to historical loss information are made for differences in current loan-specific risk characteristics such as differences in underwriting standards, portfolio mix, delinquency level, or term as well as changes in environmental conditions, such as changes in unemployment rates, property values, or other relevant factors. These adjustments are commonly known as the Qualitative Framework. The allowance for credit losses is measured on a collective (pool) basis when similar risk characteristics exist. Loans evaluated collectively for expected credit losses include loans on accrual status and loans initially evaluated individually but determined to not to have enhanced credit risk characteristics. The Corporation has identified the following portfolio segments:  Commercial loans  Commercial real estate – construction  Commercial real estate – owner occupied  Commercial real estate – non-owner occupied  Residential real estate – construction  Residential real estate – revolving  Residential real estate – multi family  Residential real estate – other  Consumer loans The Corporation groups its loan portfolio into segments which are further broken down into classes to allow management to monitor the performance of the portfolio. The risks associated with lending activities differ among the various loan classes and are subject to the impact of changes in interest rates, market conditions of collateral securing the loans, and general economic conditions. All of these factors may impact both the borrower’s ability to repay its loans and the value of the associated collateral. Commercial loans include advances to local and regional businesses for general commercial purposes and include permanent and short-term working capital, machinery and equipment financing, and may be either in the form of lines of credit or term loans. Although commercial and industrial loans may be unsecured to our highest-rated borrowers, most of these loans are secured by the borrower’s accounts receivable, inventory and machinery and equipment. In a considerable number of these loans, the collateral also includes the business real estate or the business owner’s personal real estate or assets. Commercial and industrial loans present credit exposure to the Corporation, as they are more susceptible to risk of loss during a downturn in the economy as borrowers may have greater difficulty in meeting their debt service requirements and the value of the collateral may decline. The Corporation’s underwriting standards are developed to mitigate this risk. The underwriting process includes evaluating the creditworthiness of the borrower and, to the extent available, credit ratings on the business. Additionally, monitoring of the loans through annual renewals and meetings with the borrowers is typical. However, these procedures cannot eliminate the risk of loss associated with commercial and industrial lending. Commercial Real Estate includes commercial construction loans along with owner and non-owner occupied commercial real estate loans. Commercial construction loans include multi-family construction loans commercial and land development loans. The risk of loss on these loans is dependent on the Corporation’s ability to assess the property’s value at the completion of the project, which should exceed the property’s construction costs. During the construction phase, a number of factors could potentially negatively impact the collateral value, including cost overruns, delays in completing the project, competition, and real estate market conditions, which may change based on the supply of similar properties in the area. In the event the collateral value at the completion of the project is not sufficient to cover the outstanding loan balance, the Corporation must rely upon other repayment sources, if any, including the guarantors of the project or other collateral securing the loan. Non-owner occupied commercial real estate present a different credit risk to the Corporation than owner occupied commercial real estate loans, as the repayment of the loan is dependent upon the borrower’s ability to generate a sufficient level of occupancy to produce rental income that exceeds debt service requirements and operating expenses. Lower occupancy or lease rates may result in reduction in cash flows, which hinders the ability of the borrower to meet debt service requirements and may result in lower collateral values. The Corporation recognizes that greater risk is inherent in these credit relationships compared to owner occupied loans that are generally dependent upon the successful operation of the borrower’s business, with the cash flows generated from the business being the primary source of repayment of the loan. If the business suffers a downturn in sales or profitability, the borrower’s ability to repay the loan could be negatively impacted. Residential Real Estate includes construction loans for single family housing units, revolving lines secured by 1-4 housing units, loans for multi-family units and fixed-rate and adjustable-rate loans with 1-4 owner occupied family residential housing securing the loans. The risk of loss on construction loans is largely dependent on the Corporation’s ability to assess the property’s value at the completion of the project, which should exceed the property’s construction costs, construction management, including timely completion of the unit. Revolving residential home equity loans, including term loans and lines of credit, present a slightly higher risk to the Corporation than 1-4 family first liens, as these loans can be first or second liens on 1-4 family owner occupied residential property, but can have loan-to-value ratios of no greater than 90% of the value of the real estate taken as collateral. The creditworthiness of the borrower is also considered, including credit scores and debt-to-income ratios. Multi-family residential contain multiple separate housing units for residential inhabitants in several buildings or within one complex. High interest rates, fluctuations in rental demand, lacking property management and maintenance can impact the borrower’s ability to repay the loan. Fixed-rate and adjustable-rate loans with 1-4 owner occupied family residential housing risk exposure is minimized through the evaluation of the creditworthiness of the borrower, including credit scores and debt-to-income ratios, and underwriting standards, which limit the loan-to-value ratio to generally no more than 80% upon loan origination, unless the borrower obtains private mortgage insurance. Consumer installment and other consumer loans credit risk is mitigated through prudent underwriting standards, including evaluation of the creditworthiness of the borrower through credit scores and debt-to-income ratios and, if secured, the collateral value of the assets. These loans can be unsecured, or the collateral value may depreciate quickly or may fluctuate, and may present a greater risk to the Corporation than 1-4 family residential loans. The Corporation measures the allowance for credit losses using the following methods.  Loans are aggregated into pools based on similar risk characteristics.  The Probability of Default (PD) and Loss Given Default (LGD) CECL model components are determined based on loss estimates driven by historical experience at the input level.  The PD model component uses "through the economic cycle transition" matrices based on the Corporation’s and peer group historical loan and transaction data across each pool of loans.  The LGD model component calculates a lifetime estimate across each pool of loans utilizing a nonparametric loss curve modeling approach.  Reasonable and supportable forecasts are incorporated into the PD model component that are based on different economic forecasts and scenarios sourced from external parties. A future loss forecast over the reasonable and supportable forecast period of one year is based on the projected performance of specific economic variables that statistically correlate with the PD and LGD pools. After the reasonable and supportable forecast period, credit loss estimates revert over four quarters to input-level.  Cash flow assumptions are established for each loan using maturity date, amortization schedule and interest rate.  A constant prepayment rate is calculated for each loan pool in the CECL model. Loans that do not share similar risk characteristics are evaluated on an individual basis. Loans evaluated individually are not also included in the collective evaluation. When management determines that foreclosure is probable or when the borrower is experiencing financial difficulty at the reporting date and repayment is expected to be provided substantially through the operation or sale of the collateral expected credit losses are based on the fair value of the collateral at the reporting date, adjusted for selling costs as appropriate. Loans are modified if the Corporation grants borrowers experiencing financial difficulties concessions that it would not otherwise consider. Concessions granted under a modification may involve a reduction of the interest rate, forgiveness of principal, extension of the term of the loan, and/or other-than-insignificant payment delays. Allowance for credit losses – off-balance sheet credit exposures Effective January 1, 2023, the Corporation adopted ASC 326, at which time the Corporation estimated expected credit losses over the contractual period in which the Corporation is exposed to credit risk via a contractual obligation to extend credit, unless that obligation is unconditionally cancellable by the Corporation. The allowance represents management’s estimate of expected losses in unfunded loan commitments and other noncancellable off-balance sheet credit exposures, such as letters of credit. The ACL specific to unfunded commitments is determined by estimating future draws and applying the expected loss rates on those draws. Future draws are based on historical averages of utilization rates, i.e., the likelihood of draws taken. Adjustments to the reserve for unfunded off-balance sheet credit exposures are recorded in provision for credit losses - unfunded off-balance sheet credit exposures in the Consolidated Statements of Income. Loan-Level Interest Rate Swaps PeoplesBank enters into loan-level interest rate swaps (“swaps”) to facilitate certain client transactions and to meet their financing needs. These swaps qualify as derivatives, but are not designated as hedging instruments, which would be accounted for using hedge accounting. A loan-level interest rate swap is a contract in which the series of interest rate flows (fixed and variable) are exchanged over the term of a loan with certain qualifying commercial loan clients, and PeoplesBank simultaneously enters into an interest rate swap with a dealer counterparty with identical notional amounts and terms. The net result of these swaps is that the client pays a fixed interest rate and PeoplesBank receives a floating interest rate. The swap positions with clients are equally offset with the dealer counterparties to minimize the potential impact on PeoplesBank’s financial statements. Pursuant to agreements with the dealer counterparties, PeoplesBank may receive collateral or may be required to post collateral based upon mark-to-market positions. Beyond unsecured threshold levels, collateral in the form of cash or securities may be made available to counterparties of interest rate swap transactions. Based upon the current positions and related future collateral requirements relating to them, PeoplesBank believes any effect on its cash flow or liquidity position to be immaterial. Derivatives contain an element of credit risk, including the possibility that PeoplesBank will incur a loss because a party to the agreements, which may be a dealer counterparty or a client, fails to meet its contractual obligations. Derivative contracts may only be executed with dealer counterparties as approved by the Board of Directors. Similarly, derivatives with clients may only be executed with clients within credit exposure limits approved by the Board of Directors. Interest rate swaps, recorded at fair value, are included in other assets on the Consolidated Balance Sheets. Additional information is provided in Note 14 – Interest Rate Swaps. Bank Premises and Equipment Held for Sale Bank premises and equipment designated as held for sale are carried at the lower of cost or fair value. There were no bank premises and equipment designated as held for sale as of March 31, 2024 or December 31, 2023. Foreclosed Real Estate Foreclosed real estate, included in other assets, is comprised of property acquired through a foreclosure proceeding or property that is acquired through in-substance foreclosure. Foreclosed real estate is initially recorded at fair value minus estimated costs to sell at the date of foreclosure, establishing a new cost basis. Any difference between the carrying value and the new cost basis is charged against the allowance for credit losses. Appraisals, obtained from an independent third party, are generally used to determine fair value. After foreclosure, management reviews valuations at least quarterly and adjusts the asset to the lower of cost or fair value minus estimated costs to sell through a valuation allowance or a write-down. Costs related to the improvement of foreclosed real estate are generally capitalized until the real estate reaches a saleable condition subject to fair value limitations. Revenue and expense from operations and changes in the valuation allowance are included in noninterest expense. When a foreclosed real estate asset is ultimately sold, any gain or loss on the sale is included in the income statement as a component of noninterest income or expense. At March 31, 2024 there was $ 408,000 of foreclosed real estate compared to $ 383,000 at December 31, 2023. As of March 31, 2024, there was $ 39,000 consumer mortgage loans secured by residential real estate properties, for which formal foreclosure proceedings were in process according to local requirements of the applicable jurisdiction, compared to $ 133,000 as of December 31, 2023. Mortgage Servicing Rights Mortgage servicing rights (MSRs) associated with sold loans are included in other assets on the consolidated balance sheets at an amount equal to the estimated fair value of the contractual rights to service the mortgage loans. The MSR asset is amortized as a reduction to servicing income. The MSR asset is evaluated periodically for impairment and carried at the lower of amortized cost or fair value. An independent third party firm calculates fair value by discounting the estimated cash flows from servicing income using a rate consistent with the risk associated with these assets and an estimate of future net servicing income of the underlying loans. In the event that the amortized cost of the MSR asset exceeds the fair value of the asset, a valuation allowance would be established through a charge against servicing income. Subsequent fair value evaluations may determine that impairment has been reduced or eliminated, in which case the valuation allowance would be reduced through a credit to earnings. At March 31, 2024, the balance of residential mortgage loans serviced for third parties was $ 50,246,000 compared to $ 51,069,000 at December 31, 2023. Three months ended March 31, (dollars in thousands) 2024 2023 Amortized cost: Balance at beginning of period $ 227 $ 279 Amortization expense ( 9 ) ( 21 ) Balance at end of period $ 218 $ 258 Goodwill and Core Deposit Intangible Assets Goodwill arising from acquisitions is not amortized, but is subject to an annual impairment test. This test consists of a qualitative analysis. If the Corporation determines events or circumstances indicate that it is more likely than not that goodwill is impaired, a quantitative analysis must be completed. Analyses may also be performed between annual tests. Significant judgment is applied when goodwill is assessed for impairment. This judgment includes developing cash flow projections, selecting appropriate discount rates, identifying relevant market comparables, incorporating general economic and market conditions, and selecting an appropriate control premium. The Corporation completes its annual goodwill impairment test on October 1st of each year. Based upon a qualitative analysis of goodwill, the Corporation concluded that the amount of recorded goodwill was not impaired as of October 1, 2023. There were no conditions or events that would trigger an analysis or impairment since October 1, 2023. Core deposit intangibles represent the value assigned to demand, interest checking, money market, and savings accounts acquired as part of an acquisition. The core deposit intangible value represents the future economic benefit of potential cost savings from acquiring core deposits as part of an acquisition compared to the cost of alternative funding sources and the alternative cost to grow a similar core deposit base. The core deposit intangible asset resulting from the merger with Madison Bancorp, Inc. was determined to have a definite life and is being amortized using the sum of the years’ digits method over ten years . All intangible assets must be evaluated for impairment if certain events or changes in circumstances occur. Any impairment write-downs would be recognized as expense on the consolidated statements of income. The core deposit intangible asset is included in other assets on the Consolidated Balance Sheets Revenue from Contracts with Customers Revenue from contracts with customers that are required to be recognized under FASB ASC Topic 606 - Revenue from Contracts with Customers (ASC 606) is measured based on consideration specified in a contract with a customer, and excludes any sales incentives and amounts collected on behalf of third parties. The Corporation recognizes revenue when it satisfies a performance obligation by transferring control over a product or service to a customer. The majority of the Corporation’s revenue-generating transactions are not within the scope of ASC 606, including revenue generated from financial instruments, such as our loans, letters of credit, derivatives and investment securities, as well as revenue related to our mortgage servicing activities, as these activities are subject to other U.S. Generally Accepted Accounting Principles (GAAP) discussed elsewhere within our disclosures. Descriptions of our revenue-generating activities that are within the scope of ASC 606, which are presented in our consolidated statements of income as components of non-interest income are as follows: Trust and investment service fees: The Corporation provides trust, investment management custody and irrevocable life insurance trust services to clients. Such services are rendered in accordance with the underlying contracts for which fees are earned. The Corporation’s performance obligations are generally satisfied, and the related revenue recognized, over the period in which the service is provided. Payment for services rendered is primarily received in the following month. Income from mutual fund, annuity and insurance sales: The Corporation sells mutual funds, annuity and insurance products to its clients. The Corporation’s performance obligation is met upon the signing of the product agreement and, in certain cases, a time component may exist when the client has the right to rescind the agreement with or without penalty. The Corporation recognizes revenues upon delivery of the product or service unless there is a time component in which case revenues are recognized utilizing the expected value method. Payment for services rendered is primarily received in the following month. Service charges on deposits accounts: These represent general service fees for monthly account maintenance and activity- or transaction based fees and consist of transaction-based revenue, time-based revenue (service period), item-based revenue or some other individual attribute-based revenue. Other service charges include revenue from processing wire transfers, cashier’s checks and other services. Revenue is recognized when the performance obligation is completed which is generally monthly for account maintenance services or when a transaction has been completed. Payment for service charges on deposit accounts is primarily received immediately or in the following month through a direct charge to the clients’ accounts. Other noninterest income: The Corporation evaluated individual components of other noninterest income, such as credit card merchant fees, credit and gift card fees and ATM fees. Debit card income is primarily comprised of interchange fees earned whenever the Corporation’s debit cards are processed through payment networks, such as Visa. Credit and gift card income is realized through a third party provider who issues cards as private label in the Corporation’s name. ATM fees are primarily generated when a non-Corporation cardholder uses a Corporation ATM. The income is primarily comprised as a percentage of interchange fees earned whenever the issuer’s card is processed through card payment networks, such as Visa or Pulse. Merchant services income is realized through a referral agreement with a third party service provider. Amounts paid to the Corporation under the agreement are from fees charged to merchants for processing their debit card transactions. The Corporation’s performance obligation for these fees are largely satisfied, and related revenue recognized, when the services are rendered or upon completion. Payment is typically received within a one to three day lag or in the following month. Per Share Data The computation of net income per share is provided in the table below. Three months ended March 31, (in thousands, except per share data) 2024 2023 Net income $ 4,255 $ 6,992 Weighted average shares outstanding (basic) 9,649 9,585 Effect of dilutive stock options 21 27 Weighted average shares outstanding (diluted) 9,670 9,612 Basic earnings per share $ 0.44 $ 0.73 Diluted earnings per share $ 0.44 $ 0.73 Comprehensive Income Accounting principles generally ac

Securities

Securities	3 Months Ended
	Mar. 31, 2024
Securities [Abstract]
Securities	Note 2 – Securities A summary of securities available-for-sale at March 31, 2024 and December 31, 2023 is provided below. The securities available-for-sale portfolio is generally comprised of high quality debt instruments, principally obligations of the United States government or agencies thereof, investments in the obligations of states and municipalities and selected corporate securities, including subordinated debt. At March 31, 2024 and December 31, 2023, there were no holdings of securities of any one issuer, other than the US Government and its agencies, in an amount greater than 10% of shareholders’ equity. Amortized Allowance for Gross Unrealized Fair (dollars in thousands) Cost Credit Losses Gains Losses Value March 31, 2024 Debt securities: U.S. Treasury notes $ 19,883 $ 0 $ 0 $ ( 337 ) $ 19,546 U.S. agency 13,875 0 0 ( 1,196 ) 12,679 U.S. agency mortgage-backed, residential 276,260 0 155 ( 31,620 ) 244,795 State and municipal 35,302 0 27 ( 4,961 ) 30,368 Corporates 37,196 0 33 ( 5,122 ) 32,107 Total debt securities $ 382,516 $ 0 $ 215 $ ( 43,236 ) $ 339,495 December 31, 2023 Debt securities: U.S. Treasury notes $ 19,843 $ 0 $ 0 $ ( 369 ) $ 19,474 U.S. agency 13,953 0 0 ( 1,116 ) 12,837 U.S. agency mortgage-backed, residential 283,058 0 342 ( 29,121 ) 254,279 State and municipal 35,351 0 53 ( 4,732 ) 30,672 Corporates 38,192 0 1 ( 5,688 ) 32,505 Total debt securities $ 390,397 $ 0 $ 396 $ ( 41,026 ) $ 349,767 The proceeds from sales of securities and the associated gains and losses are listed below. Realized gains and losses are computed on the basis of specific identification of the adjusted cost of each security and are shown net as a separate line item in the income statement. Three months ended March 31, (dollars in thousands) 2024 2023 Proceeds $ 0 $ 4,253 Gross gains 0 0 Gross losses 0 ( 388 ) Tax benefit 0 81 The amortized cost and estimated fair value of debt securities at March 31, 2024 by contractual maturity are shown below. Actual maturities may differ from contractual maturities if call options on select debt issues are exercised in the future. Mortgage-backed securities are included in the maturity categories based on average expected life. Available-for-sale Amortized Fair (dollars in thousands) Cost Value Due in one year or less $ 18,549 $ 18,258 Due after one year through five years 105,899 99,048 Due after five years through ten years 215,655 186,226 Due after ten years 42,413 35,963 Total debt securities $ 382,516 $ 339,495 Investment securities having a carrying value of $ 204,019,000 and $ 214,547,000 on March 31, 2024 and December 31, 2023, respectively, were pledged to secure public and trust deposits, repurchase agreements and other short-term borrowings. The table below shows gross unrealized losses and fair value, aggregated by investment category and length of time, for securities that have been in a continuous unrealized loss position, for which an allowance for credit losses has not been recorded, at March 31, 2024 and December 31, 2023. Less than 12 months 12 months or more Total Number of Fair Unrealized Number of Fair Unrealized Number of Fair Unrealized (dollars in thousands) Securities Value Losses Securities Value Losses Securities Value Losses March 31, 2024 Debt securities: U.S. Treasury notes 0 $ 0 $ 0 4 $ 19,546 $ ( 337 ) 4 $ 19,546 $ ( 337 ) U.S. agency 2 1,115 ( 10 ) 10 11,564 ( 1,186 ) 12 12,679 ( 1,196 ) U.S. agency mortgage-backed, residential 25 18,515 ( 119 ) 216 212,304 ( 31,501 ) 241 230,819 ( 31,620 ) State and municipal 4 1,532 ( 11 ) 33 26,005 ( 4,950 ) 37 27,537 ( 4,961 ) Corporates 1 1,358 ( 144 ) 29 29,222 ( 4,978 ) 30 30,580 ( 5,122 ) Total 32 $ 22,520 $ ( 284 ) 292 $ 298,641 $ ( 42,952 ) 324 $ 321,161 $ ( 43,236 ) December 31, 2023 Debt securities: U.S. Treasury notes 0 $ 0 $ 0 4 $ 19,474 $ ( 369 ) 4 $ 19,474 $ ( 369 ) U.S. agency 2 $ 1,192 $ ( 11 ) 10 $ 11,645 $ ( 1,105 ) 12 $ 12,837 $ ( 1,116 ) U.S. agency mortgage-backed, residential 14 12,996 ( 101 ) 208 211,658 ( 29,020 ) 222 224,654 ( 29,121 ) State and municipal 2 634 ( 23 ) 32 25,907 ( 4,709 ) 34 26,541 ( 4,732 ) Corporates 1 1,261 ( 239 ) 31 30,751 ( 5,449 ) 32 32,012 ( 5,688 ) Total 19 $ 16,083 $ ( 374 ) 285 $ 299,435 $ ( 40,652 ) 304 $ 315,518 $ ( 41,026 ) Securities available-for-sale are analyzed quarterly for impairment. The analysis considers, among other factors: 1) whether the Corporation has the intent to sell its securities prior to market recovery or maturity; 2) whether it is more likely than not that the Corporation will be required to sell its securities prior to market recovery or maturity; 3) default rates/history by security type; 4) third-party securities ratings; 5) third-party guarantees; 6) subordination; 7) payment delinquencies; 8) nature of the issuer; and 9) current financial news. As of March 31, 2024, the Corporation’s security portfolio consisted of 349 securities, 324 of which were in an unrealized loss position. Through March 31, 2024 the Corporation has collected all interest and principal on its investment securities as scheduled. The majority of the unrealized losses are related to the Corporation’s mortgage-backed securities, as discussed below: Mortgage-Backed Securities At March 31, 2024, 100 % of the mortgage-backed securities held by the Corporation were issued by U.S. government-sponsored entities and agencies. The decline in fair value is attributable to changes in interest rates and illiquidity, and not credit quality, and because the Corporation does not have the intent to sell these mortgage-backed securities and it is likely that it will not be required to sell the securities before their anticipated recovery, the Corporation does not consider these securities to have credit impairment at March 31, 2024.

Restricted Investment in Bank S

Restricted Investment in Bank Stocks	3 Months Ended
	Mar. 31, 2024
Restrictions on Cash and Due From Banks [Abstract]
Restricted Investment in Bank Stocks	Note 3—Restricted Investment in Bank Stocks Restricted stock, which represents required investments in the common stock of correspondent banks, is carried at cost and, as of March 31, 2024 and December 31, 2023, consisted primarily of the common stock of the Federal Home Loan Bank of Pittsburgh (“FHLBP”) and, to a lesser degree, Atlantic Community Bancshares, Inc. (“ACBI”), the parent company of Atlantic Community Bankers Bank (“ACBB”). Under the FHLBP’s Capital Plan, member banks, including PeoplesBank, are required to maintain a minimum stock investment. The FHLBP uses a formula to determine the minimum stock investment, which is based on the volume of loans outstanding, unused borrowing capacity and other factors. The FHLBP paid dividends during the periods ended March 31, 2024 and 2023. The FHLBP restricts the repurchase of the excess capital stock of member banks. The amount of excess capital stock that can be repurchased from any member is currently the lesser of five percent of the member’s total capital stock outstanding or its excess capital stock outstanding. Management evaluates the restricted stock for impairment in accordance with FASB ASC Topic 942 . Management’s determination of whether these investments are impaired is based on their a ssessment of the ultimate recoverability of the cost rather than by recognizing temporary declines in value. Using the FHLBP as an example, the determination of whether a decline affects the ultimate recoverability of cost is influenced by criteria such as: (1) the significance of the decline in net assets of the FHLBP as compared to the capital stock amount for the FHLBP; (2) commitments by the FHLBP to make payments required by law or regulation and the level of such payments in relation to the operating performance of the FHLBP; and (3) the impact of legislative and regulatory changes on institutions and, accordingly, on the customer base of the FHLBP. Management believes no impairment charge was necessary related to the restricted stock during the periods ended March 31, 2024 and 2023.

Loans and Allowance for Credit

Loans and Allowance for Credit Losses	3 Months Ended
	Mar. 31, 2024
Loans and Allowance for Credit Losses [Abstract]
Loans and Allowance for Credit Losses	Note 4—Loans and Allowance for Credit Losses The Corporation uses a lifetime expected loss model referred to as the current expected credit loss (CECL) methodology. The Corporation segments the loan portfolio based on collateral using federal call code targeting similar risk characteristics. Management selected national civilian unemployment rates, housing price index and real gross domestic product (GDP) as the drivers of the quantitative portion of the collectively evaluated reserves. These third party supplied economic driver forecasts are updated within the model quarterly to calculate expected life and related loan default rates. Loans that do not share similar risk characteristics are evaluated on an individual basis and are excluded from the quantitative calculations for the allowance for credit losses (ACL). Loans that are individually evaluated under CECL will include loans in nonaccrual status and may include accruing loans that do not share similar risk characteristics within the evaluation. All individually evaluated loans in the current period were in nonaccrual status. The ACL also includes a qualitative adjustment for risk factors that are not considered within the quantitative component or where the Company’s risk factors differ from the utilized peer data. Management may consider additional or reduced reserves to be warranted based on current and expected conditions. During the current quarter factors that were considered relevant by management in determining expected credit losses beyond the qualitative assessment include changes in:  Differences in lending policies, procedures, underwriting standards, charge off and recovery practices;  Changes in the nature and volume of the portfolio and terms of loans;  Changes in the experience, depth, and ability of lending management;  Delinquency trends;  Quality of the loan review system;  Value of underlying collateral;  Existence and effect of concentrations of credit and changes in the levels of such concentrations; and  The effect of other external factors including legal, competition, local economic and their impact on credit losses. The qualitative adjustments and projected impact are reviewed and considered by the Corporation’s Chief Credit Officer in discussion with the appropriate finance and executive personnel. For the quarter ending March 31, 2024, the quantitative allowance was positively impacted by forecasted improvements in the macroeconomic conditions such as national civilian unemployment rates and GDP. While these changes project an improvement in credit conditions, potential declines in commercial real estate prices continued to support added risk to the portfolio. This results in a continuation of the higher level of qualitative loss related to changes in national, regional and local conditions along with changes in the value of underlying collateral for commercial real estate loans. This higher-level risk will continue to be monitored and would expect to remain until forecasts for the unemployment rate and GDP again align with projections for commercial real estate pricing. While other areas of risk beyond the quantitative risk have been identified within the model, no additional changes were considered warranted in the allocated reserve ratios. Loan Portfolio Composition The table below provides the composition of the loan portfolio at March 31, 2024 and December 31, 2023. The portfolio is comprised of nine segments, commercial, commercial real estate construction, commercial real estate owner occupied, commercial real estate non-owner occupied, residential real estate construction, residential real estate revolving, residential real estate multi family, residential real estate other and consumer as presented in the table below. Certain portfolio segments are further disaggregated for the purpose of estimating credit losses. The Corporation has not engaged in sub-prime residential mortgage originations. March 31, % Total December 31, % Total (dollars in thousands) 2024 Loans 2023 Loans Commercial loans $ 170,319 9.8 $ 154,189 9.0 Commercial real estate: Construction 181,107 10.4 178,756 10.5 Owner occupied 353,133 20.3 355,236 20.8 Non-owner occupied 472,560 27.2 455,171 26.7 Residential real estate: Construction 28,239 1.6 27,383 1.6 Revolving 103,614 6.0 107,968 6.3 Multi family 128,918 7.4 130,666 7.7 Other 289,180 16.6 283,387 16.6 Consumer 12,199 0.7 12,852 0.8 Gross Loans 1,739,269 100.0 1,705,608 100.0 Less: Allowance for credit losses 21,645 20,506 Net Loans $ 1,717,624 $ 1,685,102 Management estimates the allowance balance using relevant available information from both internal and external sources, relating to past events, current conditions and reasonable and supportable forecasts. Historical credit loss experience provides the basis for the estimation of expected credit losses. Adjustments to historical loss information are made for differences in current loan-specific risk characteristics such as differences in underwriting standards, portfolio mix, delinquency level, or term as well as changes in environmental conditions, such as changes in unemployment rates, property values, or other relevant factors. These adjustments are commonly known as the Qualitative Framework. The following tables presents the activity in the allowance for credit losses by segment as of and for the three months ended March 31 2024 and March 31, 2023. (dollars in thousands) Balance, January 1, 2024 Provision for credit losses Loan charge-offs Loan recoveries Balance, March 31, 2024 Commercial loans $ 2,254 $ 938 $ ( 56 ) $ 356 $ 3,492 Commercial real estate: Construction 3,658 ( 596 ) 0 0 3,062 Owner occupied 4,096 36 ( 66 ) 0 4,066 Non-owner occupied 6,279 32 0 0 6,311 Residential real estate: Construction 82 9 ( 11 ) 0 80 Revolving 475 ( 123 ) 0 3 355 Multi family 1,519 251 0 0 1,770 Other 1,986 403 ( 62 ) 64 2,391 Consumer 157 ( 59 ) ( 9 ) 29 118 Total $ 20,506 $ 891 $ ( 204 ) $ 452 $ 21,645 (dollars in thousands) Balance, January 1, 2023 Impact of adopting ASC 326 Provision for credit losses Loan charge-offs Loan recoveries Balance, March 31, 2023 Commercial loans $ 4,783 $ ( 235 ) $ ( 904 ) $ ( 64 ) $ 116 $ 3,697 Commercial real estate: Construction 1,829 1,121 590 0 0 3,539 Owner occupied 4,341 ( 69 ) 333 ( 683 ) 33 3,956 Non-owner occupied 6,387 ( 468 ) 249 0 0 6,168 Residential real estate: Construction 230 ( 144 ) ( 6 ) 0 0 79 Revolving 417 192 58 ( 27 ) 0 641 Multi family 1,205 194 25 0 0 1,424 Other 1,511 169 167 0 13 1,859 Consumer 33 167 ( 20 ) ( 4 ) 5 181 Total $ 20,736 $ 927 $ 492 $ ( 778 ) $ 167 $ 21,544 Non-accrual Loans The table below presents a summary of non-accrual loans at March 31, 2024, March 31, 2023 and December 31, 2023. An allowance is established for those individual loans where the Corporation has doubt as to the full recovery of the outstanding principal balance. Typically, individually evaluated consumer related loans are partially or fully charged-off eliminating the need for specific allowance. Interest income on loans with no related allowance is the result of interest collected on a cash basis. With a Without a Related Interest Income (dollars in thousands) Related Allowance Related Allowance Allowance Three months ended March 31, 2024 Commercial loans $ 3,010 $ 150 $ 1,753 $ 175 Commercial real estate: Construction 0 35 0 0 Owner occupied 733 613 115 0 Non-owner occupied 0 155 0 4 Residential real estate: Construction 0 264 0 0 Revolving 0 474 0 2 Multi family 0 0 0 0 Other 0 1,542 0 0 Consumer 0 0 0 0 Total $ 3,743 $ 3,233 $ 1,868 $ 181 March 31, 2023 Commercial loans $ 1,854 $ 2,910 $ 1,629 $ 245 Commercial real estate: Construction 0 0 0 107 Owner occupied 0 2,241 0 42 Non-owner occupied 0 0 0 0 Residential real estate: Construction 0 282 0 0 Revolving 209 428 152 7 Multi family 0 0 0 0 Other 0 710 0 0 Consumer 0 0 0 0 Total $ 2,063 $ 6,571 $ 1,781 $ 401 December 31, 2023 Commercial loans $ 1,000 $ 513 $ 500 $ 663 Commercial real estate: Construction 0 38 0 107 Owner occupied 463 0 56 401 Non-owner occupied 0 205 0 0 Residential real estate: Construction 0 0 0 36 Revolving 0 439 0 35 Multi family 0 0 0 0 Other 0 951 0 38 Consumer 0 0 0 0 Total $ 1,463 $ 2,146 $ 556 $ 1,280 Asset Quality The Corporation’s internal risk rating system follows regulatory guidance as to risk classifications and definitions. Every approved loan is assigned a risk rating. Generally, risk ratings for commercial related loans are determined by a formal evaluation of risk factors performed by the Corporation’s underwriting staff. For consumer and residential mortgage loans, the bank follows the Uniform Retail Credit Classification guidance. Commercial loans up to $500,000 may be scored using a third-party credit scoring software model for risk rating purposes. The loan portfolio is monitored on a continuous basis by loan officers, loan review personnel and senior management. Adjustments of loan risk ratings within the Watch, Criticized and Classified categories are generally performed by the Watch and Special Asset Committees, which includes senior management. The Committees, which typically meet at least quarterly, make changes, as appropriate, to these risk ratings. In addition to review by the Committees, existing loans are monitored by the primary loan officer and loan portfolio risk management officer to determine if any changes, upward or downward, in risk ratings are appropriate. Primary loan officers may recommend a change to a risk rating and internal loan review officers may downgrade existing loans, except to non-accrual status. Only the President/CEO or CFO may approve a downgrade of a loan to non-accrual status. The Special Asset Committee or President/CEO may upgrade a loan that is criticized or classified. The Corporation uses nine risk ratings to grade commercial loans. The first six ratings are considered “pass” ratings. A pass rating is a satisfactory credit rating, which applies to a loan that is expected to perform in accordance with the loan agreement and has a low probability of loss. A loan rated “special mention” has a potential weakness which may, if not corrected, weaken the loan or inadequately protect the Corporation’s position at some future date. A loan rated “substandard” is inadequately protected by the current net worth or paying capacity of the obligor, or of the collateral pledged. A “substandard” loan has a well-defined weakness or weaknesses that could jeopardize liquidation of the loan, which exposes the Corporation to potential loss if the deficiencies are not corrected. When circumstances indicate that collection of the loan is doubtful, the loan is risk-rated “nonaccrual,” the accrual of interest income is discontinued, and any unpaid interest previously credited to income is reversed. The following table summarizes designated internal risk rating categories by portfolio segment, by origination year, in the current period. It does not include the regulatory classification of “doubtful,” nor does it include the regulatory classification of “loss”, because the Corporation promptly charges off loan losses. Term Loans Amortized Cost Basis by Origination Year Revolving Loans Revolving Loans converted to Term Amortized Cost Loans Amortized (dollars in thousands) 2024 2023 2022 2021 2020 Prior Basis Cost Basis Total Commercial loans Pass $ 15,381 $ 18,394 $ 39,744 $ 11,115 $ 3,737 $ 18,563 $ 50,399 $ 0 $ 157,333 Special Mention 0 1,669 59 145 0 502 591 0 2,966 Substandard 0 0 391 2,364 0 959 3,146 0 6,860 Nonaccrual 0 0 0 258 0 1,040 1,862 0 3,160 Total 15,381 20,063 40,194 13,882 3,737 21,064 55,998 0 170,319 Gross write-offs 0 ( 8 ) ( 12 ) 0 0 0 ( 36 ) 0 ( 56 ) Commercial real estate: Construction Pass $ 9,449 $ 57,045 $ 55,381 $ 20,535 $ 11,720 $ 15,713 $ 6,707 $ 0 $ 176,550 Special Mention 0 0 3,259 0 0 0 0 0 3,259 Substandard 0 0 596 0 667 0 0 0 1,263 Nonaccrual 0 0 0 0 0 35 0 0 35 Total 9,449 57,045 59,236 20,535 12,387 15,748 6,707 0 181,107 Gross write-offs 0 0 0 0 0 0 0 0 0 Owner occupied Pass $ 2,029 $ 41,133 $ 58,604 $ 75,779 $ 23,207 $ 117,929 $ 17,318 $ 0 $ 335,999 Special Mention 0 950 0 0 0 3,187 0 0 4,137 Substandard 0 237 599 1,371 2,482 6,083 879 0 11,651 Nonaccrual 0 0 0 0 779 484 83 0 1,346 Total 2,029 42,320 59,203 77,150 26,468 127,683 18,280 0 353,133 Gross write-offs 0 0 0 0 0 0 ( 66 ) 0 ( 66 ) Non-owner occupied Pass $ 12,532 $ 36,981 $ 135,945 $ 110,661 $ 52,840 $ 109,877 $ 1,595 $ 0 $ 460,431 Special Mention 0 0 0 0 9,921 0 0 0 9,921 Substandard 0 0 0 1,181 0 872 0 0 2,053 Nonaccrual 0 0 0 0 0 155 0 0 155 Total 12,532 36,981 135,945 111,842 62,761 110,904 1,595 0 472,560 Gross write-offs 0 0 0 0 0 0 0 0 0 Residential real estate: Construction Pass $ 1,257 $ 15,641 $ 5,493 $ 1,216 $ 958 $ 1,528 $ 1,882 $ 0 $ 27,975 Special Mention 0 0 0 0 0 0 0 0 0 Substandard 0 0 0 0 0 0 0 0 0 Nonaccrual 0 0 0 0 0 264 0 0 264 Total 1,257 15,641 5,493 1,216 958 1,792 1,882 0 28,239 Gross write-offs 0 0 0 0 0 ( 11 ) 0 0 ( 11 ) Revolving Pass $ 821 $ 10,405 $ 15,136 $ 990 $ 304 $ 2,380 $ 72,806 $ 0 $ 102,842 Special Mention 0 0 0 0 0 0 0 0 0 Substandard 0 0 0 0 0 0 298 0 298 Nonaccrual 71 0 34 0 0 0 369 0 474 Total 892 10,405 15,170 990 304 2,380 73,473 0 103,614 Gross write-offs 0 0 0 0 0 0 0 0 0 Multi family Pass $ 0 $ 5,989 $ 34,265 $ 33,091 $ 19,344 $ 31,536 $ 989 $ 0 $ 125,214 Special Mention 0 0 0 0 0 0 0 0 0 Substandard 0 0 0 0 0 3,704 0 0 3,704 Nonaccrual 0 0 0 0 0 0 0 0 0 Total 0 5,989 34,265 33,091 19,344 35,240 989 0 128,918 Gross write-offs 0 0 0 0 0 0 0 0 0 Other Pass $ 10,960 $ 64,990 $ 60,399 $ 42,093 $ 37,062 $ 69,751 $ 736 $ 0 $ 285,991 Special Mention 0 0 0 80 49 905 42 0 1,076 Substandard 0 0 101 0 129 341 0 0 571 Nonaccrual 0 0 725 299 0 518 0 0 1,542 Total 10,960 64,990 61,225 42,472 37,240 71,515 778 0 289,180 Gross write-offs 0 0 ( 62 ) 0 0 0 0 0 ( 62 ) Consumer Pass $ 362 $ 3,640 $ 2,927 $ 1,217 $ 139 $ 335 $ 3,572 $ 0 $ 12,192 Special Mention 0 0 0 0 0 0 0 0 0 Substandard 0 1 6 0 0 0 0 0 7 Nonaccrual 0 0 0 0 0 0 0 0 0 Total 362 3,641 2,933 1,217 139 335 3,572 0 12,199 Gross write-offs 0 ( 9 ) 0 0 0 0 0 0 ( 9 ) Total Loans Pass $ 52,791 $ 254,218 $ 407,894 $ 296,697 $ 149,311 $ 367,612 $ 156,004 $ 0 $ 1,684,527 Special Mention 0 2,619 3,318 225 9,970 4,594 633 0 21,359 Substandard 0 238 1,693 4,916 3,278 11,959 4,323 0 26,407 Nonaccrual 71 0 759 557 779 2,496 2,314 0 6,976 Total 52,862 257,075 413,664 302,395 163,338 386,661 163,274 0 1,739,269 Total Gross Charge-Offs $ 0 $ ( 17 ) $ ( 74 ) $ 0 $ 0 $ ( 11 ) $ ( 102 ) $ 0 $ ( 204 ) The following table summarizes designated internal risk rating categories by portfolio segment, by origination year, in the period ended December 31, 2023. It does not include the regulatory classification of “doubtful,” nor does it include the regulatory classification of “loss”, because the Corporation promptly charges off loan losses. Term Loans Amortized Cost Basis by Origination Year Revolving Loans Revolving Loans converted to Term Amortized Cost Loans Amortized (dollars in thousands) 2023 2022 2021 2020 2019 Prior Basis Cost Basis Total Commercial loans Pass $ 19,859 $ 40,037 $ 14,742 $ 4,183 $ 10,482 $ 8,928 $ 44,105 $ 0 $ 142,336 Special Mention 0 12 0 0 530 128 2,071 0 2,741 Substandard 36 227 2,559 10 0 1,098 3,669 0 7,599 Nonaccrual 0 21 33 0 310 1,000 149 0 1,513 Total 19,895 40,297 17,334 4,193 11,322 11,154 49,994 0 154,189 Gross write-offs 0 ( 26 ) ( 11 ) ( 15 ) 0 ( 1,009 ) ( 387 ) 0 ( 1,448 ) Commercial real estate: Construction Pass $ 53,320 $ 63,945 $ 19,825 $ 11,790 $ 7,743 $ 8,160 $ 4,879 $ 0 $ 169,662 Special Mention 0 3,279 0 0 0 0 500 0 3,779 Substandard 0 1,175 0 4,102 0 0 0 0 5,277 Nonaccrual 0 0 0 0 0 38 0 0 38 Total 53,320 68,399 19,825 15,892 7,743 8,198 5,379 0 178,756 Gross write-offs 0 0 0 0 0 0 0 0 0 Owner occupied Pass $ 40,600 $ 59,363 $ 76,868 $ 24,384 $ 30,913 $ 92,524 $ 16,343 $ 0 $ 340,995 Special Mention 139 0 0 0 0 3,510 0 0 3,649 Substandard 247 0 1,240 2,502 0 5,711 429 0 10,129 Nonaccrual 0 0 0 0 0 463 0 0 463 Total 40,986 59,363 78,108 26,886 30,913 102,208 16,772 0 355,236 Gross write-offs 0 0 0 0 0 ( 682 ) 0 0 ( 682 ) Non-owner occupied Pass $ 38,259 $ 124,825 $ 111,364 $ 53,115 $ 11,406 $ 102,011 $ 1,856 $ 0 $ 442,836 Special Mention 0 0 0 9,941 0 85 0 0 10,026 Substandard 0 0 1,189 0 0 915 0 0 2,104 Nonaccrual 0 0 0 50 0 155 0 0 205 Total 38,259 124,825 112,553 63,106 11,406 103,166 1,856 0 455,171 Gross write-offs 0 0 0 0 0 0 0 0 0 Residential real estate: Construction Pass $ 14,200 $ 7,554 $ 1,199 $ 965 $ 1,294 $ 537 $ 1,634 $ 0 $ 27,383 Special Mention 0 0 0 0 0 0 0 0 0 Substandard 0 0 0 0 0 0 0 0 0 Nonaccrual 0 0 0 0 0 0 0 0 0 Total 14,200 7,554 1,199 965 1,294 537 1,634 0 27,383 Gross write-offs 0 0 0 0 0 0 0 0 0 Revolving Pass $ 10,935 $ 16,175 $ 1,042 $ 319 $ 605 $ 1,975 $ 76,178 $ 0 $ 107,229 Special Mention 0 0 0 0 0 0 0 0 0 Substandard 0 0 0 0 0 0 300 0 300 Nonaccrual 0 35 0 0 0 0 404 0 439 Total 10,935 16,210 1,042 319 605 1,975 76,882 0 107,968 Gross write-offs 0 0 0 0 0 ( 8 ) ( 55 ) 0 ( 63 ) Multi family Pass $ 6,300 $ 34,966 $ 32,692 $ 19,487 $ 23,751 $ 8,238 $ 1,023 $ 0 $ 126,457 Special Mention 0 0 0 0 0 1,800 0 0 1,800 Substandard 0 0 0 0 0 2,409 0 0 2,409 Nonaccrual 0 0 0 0 0 0 0 0 0 Total 6,300 34,966 32,692 19,487 23,751 12,447 1,023 0 130,666 Gross write-offs 0 0 0 0 0 0 0 0 0 Other Pass $ 65,759 $ 62,257 $ 42,183 $ 37,607 $ 17,649 $ 54,210 $ 1,232 $ 0 $ 280,897 Special Mention 0 0 0 50 0 916 42 0 1,008 Substandard 0 102 0 129 0 300 0 0 531 Nonaccrual 0 0 425 0 0 526 0 0 951 Total 65,759 62,359 42,608 37,786 17,649 55,952 1,274 0 283,387 Gross write-offs 0 0 0 0 0 0 0 0 0 Consumer Pass $ 3,982 $ 3,282 $ 1,521 $ 160 $ 81 $ 259 $ 3,560 $ 0 $ 12,845 Special Mention 0 0 0 0 0 0 0 0 0 Substandard 1 6 0 0 0 0 0 0 7 Nonaccrual 0 0 0 0 0 0 0 0 0 Total 3,983 3,288 1,521 160 81 259 3,560 0 12,852 Gross write-offs 0 ( 6 ) 0 ( 2 ) 0 ( 1 ) ( 53 ) 0 ( 62 ) Total Loans Pass $ 253,214 $ 412,404 $ 301,436 $ 152,010 $ 103,924 $ 276,842 $ 150,810 $ 0 $ 1,650,640 Special Mention 139 3,291 0 9,991 530 6,439 2,613 0 23,003 Substandard 284 1,510 4,988 6,743 0 10,433 4,398 0 28,356 Nonaccrual 0 56 458 50 310 2,182 553 0 3,609 Total 253,637 417,261 306,882 168,794 104,764 295,896 158,374 0 1,705,608 Total Gross Charge-Offs $ 0 $ ( 32 ) $ ( 11 ) $ ( 17 ) $ 0 $ ( 1,700 ) $ ( 495 ) $ 0 $ ( 2,255 ) The performance and credit quality of the loan portfolio is also monitored by using an aging schedule that shows the length of time a loan is past due. The table below presents a summary of past due loans, nonaccrual loans and current loans by class segment at March 31, 2024 and December 31, 2023. ≥ 90 Days Total Past 30-59 Days 60-89 Days Past Due Due and (dollars in thousands) Past Due Past Due and Accruing Nonaccrual Nonaccrual Current Total Loans March 31, 2024 Commercial loans $ 0 $ 0 $ 0 $ 3,160 $ 3,160 $ 167,159 $ 170,319 Commercial real estate: Construction 0 0 0 35 35 181,072 181,107 Owner occupied 1,349 0 0 1,346 2,695 350,438 353,133 Non-owner occupied 0 0 0 155 155 472,405 472,560 Residential real estate: Construction 331 0 0 264 595 27,644 28,239 Revolving 151 15 0 474 640 102,974 103,614 Multi family 0 0 0 0 0 128,918 128,918 Other 1,681 0 0 1,542 3,223 285,957 289,180 Consumer 0 3 0 0 3 12,196 12,199 Total $ 3,512 $ 18 $ 0 $ 6,976 $ 10,506 $ 1,728,763 $ 1,739,269 December 31, 2023 Commercial loans $ 307 $ 12 $ 0 $ 1,513 $ 1,832 $ 152,357 $ 154,189 Commercial real estate: Construction 0 0 0 38 38 178,718 178,756 Owner occupied 348 0 0 463 811 354,425 355,236 Non-owner occupied 346 0 0 205 551 454,620 455,171 Residential real estate: Construction 0 0 0 0 0 27,383 27,383 Revolving 304 26 0 439 769 107,199 107,968 Multi family 0 0 0 0 0 130,666 130,666 Other 911 0 0 951 1,862 281,525 283,387 Consumer 17 0 0 0 17 12,835 12,852 Total $ 2,233 $ 38 $ 0 $ 3,609 $ 5,880 $ 1,699,728 $ 1,705,608 Collateral Dependent Loans A loan is considered to be collateral-dependent when the debtor is experiencing financial difficulty and repayment is expected to be provided substantially through the sale or operation of the collateral. For all classes of loans deemed collateral-dependent, the Corporation elected the practical expedient to estimate expected credit losses based on the collateral’s fair value less cost to sell. In most cases, the Corporation records a partial charge-off to reduce the loan’s carrying value to the collateral’s fair value less cost to sell. Substantially all of the collateral supporting collateral-dependent financial assets consists of various types of real estate, including residential properties, commercial properties, such as retail centers, office buildings, lodging, agriculture land, and vacant land. At March 31, 2024 collateral dependent loans totaled $ 6,976,000 compared to $ 3,609,000 at December 31, 2023. Modifications Occasionally, the Corporation modifies loans to borrowers in financial distress by providing principal forgiveness, other-than-insignificant payment delay, term extension or interest rate reduction. When principal forgiveness is provided, the amount of forgiveness is charged-off against the allowance for credit losses. In some cases, the Corporation provides multiple types of concessions on one loan. Typically, one type of concession, such as a term extension, is granted initially. If the borrower continues to experience financial difficulty, another concession, such as principal forgiveness, may be granted. For the loans included in the “combination” columns below, multiple types of modifications have been made on the same loan within the current reporting period. The combination is at least two of the following: a term extension, principal forgiveness, an other-than-insignificant payment delay and/or an interest rate reduction. The following table presents the amortized costs basis of loans at March 31, 2024 and March 31, 2023 that were both experiencing financial difficulty and modified during the three months ended March 31, by segment and type of modification. The percentage of the amortized costs basis of loans that were modified to borrowers in financial distress as compared to the amortized cost basis of each class of loan is also presented below: Interest Rate Term Payment (dollars in thousands) Reduction Extension Delay Total Loan Class March 31, 2024 Commercial loans $ 0 $ 0 $ 150 0.09 % Commercial real estate: Construction 0 6,542 0 3.61 Total $ 0 $ 6,542 $ 150 0.38 % March 31, 2023 Commercial loans $ 2,145 $ 2,586 $ 0 $ 2.57 % Commercial real estate: Owner occupied 0 1,961 0 0.58 Total $ 2,145 $ 4,547 $ 0 $ 0.41 % The following table presents the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty for the three months ended March 31, 2024 and March 31, 2023: Weighted-Average Weighted-Average Weighted Average Weighted-Average Interest Rate Interest Rate Term Extension Payment Delay (dollars in thousands) Reduction Reduction Range (months) (months) March 31, 2024 Commercial loans 0 % 0 % 0 2 Commercial real estate: Construction 0 0 12 0 March 31, 2023 Commercial loans 3.15 % 3.15 - 3.15 % 7 0 Commercial real estate: Owner occupied 0 0 4 0 The Corporation has committed to lend additional amounts totaling $ 3,400,000 to the borrowers included in the previous table for period ended March 31, 2024 compared to $ 23,000 commitments to lend for the period ended March 31, 2023. The Corporation closely monitors the performance of loans that are modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. No ne of the loans that have been modified in the three months ended March 31, 2024 and March 31, 2023 were past due or had a payment default within the last twelve months.

Deposits

Deposits	3 Months Ended
	Mar. 31, 2024
Deposits [Abstract]
Deposits	Note 5—Deposits The composition of deposits as of March 31, 2024 and December 31, 2023 is shown below. The aggregate amount of demand deposit overdrafts that were reclassified as loans is $ 128,000 at March 31, 2024, compared to $ 163,000 at December 31, 2023. March 31, December 31, (dollars in thousands) 2024 2023 Noninterest bearing demand $ 365,358 $ 379,288 Interest bearing demand 266,572 266,747 Money market 660,756 644,235 Savings 130,679 131,077 Time deposits less than $100 249,758 233,666 Time deposits $100 to $250 159,824 147,622 Time deposits $250 or more 82,116 70,707 Total deposits $ 1,915,063 $ 1,873,342

Short-Term Borrowings and Long-

Short-Term Borrowings and Long-Term Debt	3 Months Ended
	Mar. 31, 2024
Short-Term Borrowings and Long-Term Debt [Abstract]
Short-Term Borrowings and Long-Term Debt	N ote 6—Short-Term Borrowings and Long-Term Debt Short-term borrowings consist of securities sold under agreements to repurchase, federal funds purchased and other borrowings. At March 31, 2024, the balance of securities sold under agreements to repurchase was $ 4,272,000 compared to $ 10,799,000 at December 31, 2023. At March 31, 2024 other short-term borrowings was $ 26,042,000 compared to $ 45,742,000 at December 31, 2023. Short-term borrowings at March 31, 2024 and December 31, 2023 consisted of FHLB Open Repo Line of Credit advances at a variable rate. The rate at March 31, 2024 was 5.67 percent compared to 5.68 percent at December 31, 2023. The following table presents a summary of long-term debt as of March 31, 2024 and December 31, 2023. March 31, December 31, (dollars in thousands) 2024 2023 Junior subordinated debt Due 2034 , 7.61 %, floating rate based on 3 month SOFR plus 2.02 %, callable quarterly $ 3,093 $ 3,093 Due 2036 , 7.12 % floating rate based on 3 month SOFR plus 1.54 %, callable quarterly 7,217 7,217 Lease obligations included in long-term debt: Finance lease liabilities 1,203 1,210 Total long term debt and junior subordinated debt $ 11,513 $ 11,520 Subordinated notes Due 2030 , 4.50 % fixed rate, callable on or after December 2025 30,865 30,845 Total long-term debt $ 42,378 $ 42,365 In June 2006, Codorus Valley formed CVB Statutory Trust No. II, a wholly-owned special purpose entity whose sole purpose was to facilitate a pooled trust preferred debt issuance of $ 7,217,000 . In November 2004, Codorus Valley formed CVB Statutory Trust No. I to facilitate a pooled trust preferred debt issuance of $ 3,093,000 . The Corporation owns all of the common stock of these nonbank entities, and the debentures are the sole assets of the Trusts. The accounts of both Trusts are not consolidated for financial reporting purposes in accordance with FASB ASC 810. For regulatory capital purposes, all of the Corporation’s trust preferred securities qualified as Tier 1 capital for all reported periods. Trust preferred securities are subject to capital limitations under the FDIC’s risk-based capital guidelines. The Corporation used the net proceeds from these offerings to fund its operations. In December 2020, Codorus Valley issued subordinated notes in the amount of $ 31,000,000 . The Corporation may redeem the subordinated notes, in whole or in part, in a principal amount with integral multiples of $ 10,000 , on or after December 9, 2025 and prior to the maturity date at 100 % of the principal amount, plus accrued and unpaid interest. The subordinated notes mature on December 9, 2030 . The subordinated notes are also redeemable in whole or in part from time to time, upon the occurrence of specific events defined within the Note Purchase Agreements. The subordinated notes may be included in Tier 2 capital (with certain limitations applicable) under current regulatory guidelines and interpretations. The subordinated notes have a fixed rate of interest equal to 4.50 % until December 30, 2025. After that term, the variable rate of interest is equal to the then current 90-Day Average SOFR (Secured Overnight Financing Rate) plus 404 basis points.

Leases

Leases	3 Months Ended
	Mar. 31, 2024
Leases [Abstract]
Leases	Note 7—Leases A lease is defined as a contract, or part of a contract, that conveys the right to control the use of identified property, plant or equipment for a period of time in exchange for consideration. Substantially all of the leases in which the Corporation is the lessee are comprised of real estate property, ATM locations, and office space. Substantially all of our leases are classified as operating leases, and therefore, were previously not recognized on the Corporation’s consolidated statements of condition. With the adoption of Topic 842, operating lease agreements are required to be recognized on the consolidated statements of condition as right-of-use (“ROU”) assets and corresponding lease liabilities. The Corporation also has one finance lease for one financial center. Leases with an initial term of 12 months or less are not recorded on the consolidated statement of condition. All other leases have remaining lease terms of 1 year to 25 years, some of which include options to extend. Upon opening a new financial center, we typically install brand-specific leasehold improvements which are depreciated over the shorter of the useful life or length of the lease. To the extent that the initial lease term of the related lease is less than the useful life of the leasehold improvements and, taking into consideration the dollar amount of the improvements, we conclude that it is reasonably certain that a renewal option will be exercised, the renewal period is included in the lease term, and the related payments are reflected in the ROU asset and lease liability. Regarding the discount rate, Topic 842 requires the use of the rate implicit in the lease whenever this rate is readily determinable. As this rate is rarely determinable, the Corporation utilizes its incremental borrowing rate at lease inception, on an amortizing and collateralized basis, over a similar term. All of our leases include fixed rental payments. We commonly enter into leases under which the lease payments increase at pre-determined dates based on the change in the consumer price index. While the majority of our leases are gross leases, we also have a number of leases in which we make separate payments to the lessor based on the lessor’s property and casualty insurance cost and the property taxes assessed on the property, as well as a portion of the common area maintenance associated with the property. We have elected the practical expedient not to separate lease and nonlease components for all of our building leases. The components of lease expense were as follows: Three months ended March 31, (dollars in thousands) 2024 2023 Operating lease cost $ 174 $ 174 Finance lease cost: Amortization of right-of-use assets $ 12 $ 12 Interest on lease liability 11 11 Total finance lease cost $ 23 $ 23 Total lease cost $ 197 $ 197 Supplemental cash flow information related to leases was as follows: Three months ended March 31, 2024 2023 Operating cash flows from operating leases $ 179 $ 179 Operating cash flows from financing leases 11 11 Financing cash flows from financing leases 8 8 Right-of-use assets obtained in exchange for lease obligations: Operating leases 0 0 Finance leases 0 0 Amounts recognized as right-of-use assets related to finance leases are included in fixed assets in the accompanying statement of financial position, while related lease liabilities are included in long-term debt. Supplemental balance sheet information related to leases was as follows: March 31, December 31, 2024 2023 Assets: Operating leases right-of-use assets $ 2,591 $ 2,746 Finance leases assets 935 947 Total lease assets $ 3,526 $ 3,693 Liabilities: Operating $ 2,687 $ 2,848 Financing 1,203 1,210 Total lease liabilities $ 3,890 $ 4,058 Weighted Average Remaining Lease Term (years) Operating leases 6.2 6.3 Finance leases 19.9 20.2 Weighted Average Discount Rate Operating leases 2.37 % 2.38 % Finance leases 3.69 % 3.69 % Future minimum payments for financing leases and operating leases as of March 31, 2024 and December 31, 2023 were as follows: (dollars in thousands:) March 31, 2024 Year Ending December 31, Operating Leases Finance Leases 2024 $ 522 $ 56 2025 494 79 2026 389 80 2027 380 80 2028 351 80 Thereafter 737 1,349 Total lease payments 2,873 1,724 Less imputed interest ( 186 ) ( 521 ) Total $ 2,687 $ 1,203 (dollars in thousands:) December 31, 2023 Year Ending December 31, Operating Leases Finance Leases 2024 $ 699 $ 75 2025 494 79 2026 389 80 2027 380 80 2028 351 80 Thereafter 737 1,348 Total lease payments 3,050 1,742 Less imputed interest ( 202 ) ( 532 ) Total $ 2,848 $ 1,210

Regulatory Matters

Regulatory Matters	3 Months Ended
	Mar. 31, 2024
Regulatory Matters [Abstract]
Regulatory Matters	Note 8—Regulatory Matters The Corporation is subject to restrictions on the payment of dividends to its shareholders pursuant to the Pennsylvania Business Corporation Law of 1988, as amended (“BCL”). The BCL prohibits the making of a dividend payment if such payment would render the Corporation insolvent or result in it having negative net worth. Federal and state banking regulations also place certain restrictions on dividends paid and loans or advances made by PeoplesBank to the Corporation. The amount of total dividends, which may be paid at any date, is generally limited to the retained earnings of PeoplesBank. Furthermore, dividend payments would be prohibited if the effect would be to cause PeoplesBank’s capital to fall below applicable minimum capital requirements as discussed below. Loans and advances by PeoplesBank to affiliates, including the Corporation, are limited to 10 percent of PeoplesBank’s capital stock and contributed capital on a secured basis. Banks are also subject to regulatory capital requirements administered by federal banking agencies. Capital adequacy guidelines and, additionally for banks, prompt corrective action regulations, involve quantitative measures of assets, liabilities, and certain off balance sheet items calculated under regulatory accounting practices. Capital amounts and classifications are also subject to qualitative judgments by regulators. Failure of a bank to meet capital requirements can cause bank regulators to initiate certain regulatory actions. The net unrealized gain or loss on available for sale securities is not included in computing regulatory capital. Management believes as of March 31, 2024, the Bank met all capital adequacy requirements to which it is subject. Prompt corrective action regulations provide five classifications: well capitalized, adequately capitalized, undercapitalized, significantly undercapitalized, and critically undercapitalized, although these terms are not used to represent overall financial condition. If adequately capitalized, regulatory approval is required to accept brokered deposits. If undercapitalized, capital distributions are limited, as is asset growth and expansion, and capital restoration plans are required. At March 31, 2024 and December 31, 2023, the most recent regulatory notifications categorized PeoplesBank as well capitalized under the regulatory framework for prompt corrective action. There are no conditions or events since that notification that management believes have changed the institution’s category. The table below sets for the Corporation’s and PeoplesBank’s capital positive relative to its respective regulatory capital requirements at March 31, 2024 and December 31, 2023. To Be Well Capitalized Under Required for Capital Prompt Corrective Action Actual (1) Adequacy Purposes (2) (3) Provisions (2) (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio Codorus Valley Bancorp, Inc. (consolidated) at March 31, 2024 Capital ratios: Common equity Tier 1 $ 231,381 12.85 % $ 126,071 7.00 % $ n/a n/a % Tier 1 risk based 241,381 13.40 153,086 8.50 n/a n/a Total risk based 294,201 16.34 189,106 10.50 n/a n/a Leverage 241,381 10.80 89,386 4.00 n/a n/a at December 31, 2023 Capital ratios: Common equity Tier 1 $ 228,163 12.79 % $ 124,875 7.00 % $ n/a n/a % Tier 1 risk based 238,163 13.35 151,634 8.50 n/a n/a Total risk based 289,514 16.23 187,312 10.50 n/a n/a Leverage 238,163 10.75 88,627 4.00 n/a n/a PeoplesBank, A Codorus Valley Company at March 31, 2024 Capital ratios: Common equity Tier 1 $ 267,241 14.86 % $ 125,860 7.00 % $ 116,870 6.50 % Tier 1 risk based 267,241 14.86 152,829 8.50 143,839 8.00 Total risk based 288,886 16.07 188,789 10.50 179,799 10.00 Leverage 267,241 11.97 89,268 4.00 111,585 5.00 at December 31, 2023 Capital ratios: Common equity Tier 1 $ 264,967 14.89 % $ 124,606 7.00 % $ 115,705 6.50 % Tier 1 risk based 264,967 14.89 151,307 8.50 142,407 8.00 Total risk based 285,473 16.04 186,909 10.50 178,008 10.00 Leverage 264,967 11.98 88,478 4.00 110,598 5.00 (1) Net unrealized gains and losses on securities available-for-sale, net of taxes, are disregarded for capital ratio computation purposes in accordance with federal regulatory banking guidelines. (2) T he Corporation is currently not subject to the regulatory capital requirements imposed by Basel III on bank holding companies because the Corporation's consolidated assets did not exceed $ 3.0 billion as of March 31, 2024 and therefore qualified as a small bank holding company. (3) Ratio includes Capital Conservation Buffer of 2.50 % , except Leverage Ratio, for which the Capital Conservation Buffer does not apply.

Shareholders' Equity

Shareholders' Equity	3 Months Ended
	Mar. 31, 2024
Shareholders' Equity [Abstract]
Shareholders' Equity	Note 9—Shareholders’ Equity Share Repurchase The Corporation’s Board of Directors approved a Share Repurchase Program (“Program”) in January 2023. Under the approved Program, the Corporation is authorized to repurchase up to $ 5 million of the Corporation’s issued and outstanding common stock. All shares of the common stock repurchased pursuant to the Program shall be held as treasury shares and be available for use and reissuance for the purpose as and when determined by the Board of Directors including, without limitation pursuant to the Corporation’s Dividend Reinvestment and Stock Purchase Plan and its equity compensation plan. There was no activity in the first quarter of 2023 under the program approved in January 2023, which expired by its own terms in December 2023. There was no plan in place in the first quarter of 2024.

Contingent Liabilities

Contingent Liabilities	3 Months Ended
	Mar. 31, 2024
Contingent Liabilities [Abstract]
Contingent Liabilities	Note 10—Contingent Liabilities The Corporation is involved in pending and threatened claims and other legal proceedings from time to time in the ordinary course of its business activities. Management evaluates the possible impact of these matters taking into consideration the most recent information available. A loss reserve is established for any matter for which it is believed that a loss is both probable and reasonably estimable. Once established, the reserve is adjusted as appropriate to reflect any subsequent developments. Actual losses with respect to any such matter may be more or less than the amount estimated. For any matter for which a loss is not probable, or the amount of the loss cannot reasonably be estimated, no loss reserve is established. In addition, the Corporation may be involved in legal proceedings in the form of investigations or regulatory or governmental inquiries covering a range of possible issues. These could be specific to the Corporation, or part of more wide-spread inquires by regulatory authorities. These inquiries or investigations could lead to administrative, civil or criminal proceedings involving the Corporation and could result in fines, penalties, restitution, or other types of sanctions, or the need for the Corporation to undertake remedial actions, or to alter its business, financial or accounting practices. Management believes that any liabilities, individually or in the aggregate, that may result from the final outcomes of pending or threatened legal proceedings will not have a material adverse effect on the financial condition of the Corporation or upon its results of operations.

Guarantees

Guarantees	3 Months Ended
	Mar. 31, 2024
Guarantees [Abstract]
Guarantees	Note 11—Guarantees Codorus Valley does not issue any guarantees that would require liability recognition or disclosure, other than its standby letters of credit. Standby letters of credit are written conditional commitments issued by PeoplesBank to guarantee the performance of a client to a third party. Generally, all letters of credit, when issued, have expiration dates within one year . The credit risk involved in issuing letters of credit is essentially the same as those that are involved in extending loan facilities to clients. The Corporation generally holds collateral and/or personal guarantees supporting these commitments. The Corporation had $ 16,621,000 of standby letters of credit outstanding on March 31, 2024, compared to $ 16,019,000 on December 31, 2023. Management believes that the proceeds obtained through a liquidation of collateral and the enforcement of guarantees would be sufficient to cover the potential amount of future payments required under the corresponding letters of credit. The amount of the liability as of March 31, 2024 and December 31, 2023, for guarantees under standby letters of credit issued, was not material. Many of the commitments are expected to expire without being drawn upon and, therefore, generally do not present significant liquidity risk to the Corporation or PeoplesBank.

Fair Value of Assets and Liabil

Fair Value of Assets and Liabilities	3 Months Ended
	Mar. 31, 2024
Fair Value of Assets and Liabilities [Abstract]
Fair Value of Assets and Liabilities	Note 12—Fair Value of Assets and Liabilities The Corporation uses its best judgment in estimating the fair value of the Corporation’s assets and liabilities; however, there are inherent weaknesses in any estimation technique. The estimated fair value amounts have been measured as of their respective period-ends and have not been re-evaluated or updated for purposes of these financial statements subsequent to those respective dates. As such, the estimated fair values subsequent to the respective reporting dates may be different than the amounts reported at each period end. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market for an asset or liability in an orderly transaction (that is, not a forced liquidation or distressed sale) between market participants at the measurement date. GAAP establishes a fair value hierarchy that prioritizes the use of inputs used in valuation methodologies into the following three levels: Level 1: Inputs to the valuation methodology are quoted prices, unadjusted, for identical assets or liabilities in active markets. A quoted price in an active market provides the most reliable evidence of fair value and shall be used to measure fair value whenever available. Level 2: Inputs to the valuation methodology include quoted prices for similar assets or liabilities in active markets; inputs to the valuation methodology include quoted prices for identical or similar assets or liabilities in markets that are not active; or inputs to the valuation methodology that utilize model-based techniques for which all significant assumptions are observable in the market. Level 3: Inputs to the valuation methodology are unobservable and significant to the fair value measurement; inputs to the valuation methodology that utilize model-based techniques for which significant assumptions are not observable in the market; or inputs to the valuation methodology that require significant management judgment or estimation, some of which may be internally developed. Since management maximizes the use of observable inputs and minimizes the use of unobservable inputs when determining fair value, an asset’s or liability’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. Management reviews and updates the fair value hierarchy classifications on a quarterly basis. Assets Measured at Fair Value on a Recurring Basis Securities available-for-sale The fair values of investment securities were measured using information from a third-party pricing service. The pricing service uses quoted market prices on nationally recognized securities exchanges (Level 1), or matrix pricing (Level 2), which is a mathematical technique, used widely in the industry to value debt securities without relying exclusively on quoted market prices for the specific securities, but rather, by relying on the securities’ relationship to other benchmark quoted prices. Interest rate swap agreements Interest rate swap agreements are measured by alternative pricing sources with reasonable levels of price transparency in markets that are not active. Based on the complex nature of interest rate swap agreements, the markets these instruments trade in are not as efficient and are less liquid than that of the more mature Level 1 markets. These markets do, however, have comparable, observable inputs in which an alternative pricing source values these assets in order to arrive at a fair market value. These characteristics classify interest rate swap agreements as Level 2. Fair Value Measurements (dollars in thousands) Total (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Other Unobservable Inputs March 31, 2024 Securities available-for-sale: U.S. Treasury notes $ 19,546 $ 19,546 $ 0 $ 0 U.S. agency 12,679 0 12,679 0 U.S. agency mortgage-backed, residential 244,795 0 244,795 0 State and municipal 30,368 0 30,368 0 Corporates 32,107 0 32,107 0 Other assets: Loan-level interest rate swaps 90 0 90 0 December 31, 2023 Securities available-for-sale: U.S. Treasury notes $ 19,474 $ 19,474 $ 0 $ 0 U.S. agency 12,837 0 12,837 0 U.S. agency mortgage-backed, residential 254,279 0 254,279 0 State and municipal 30,672 0 30,672 0 Corporates 32,505 0 32,505 0 Other assets: Loan-level interest rate swaps 651 0 651 0 Assets Measured at Fair Value on a Nonrecurring Basis Individually evaluated loans Individually evaluated loans are those for which the Corporation has measured impairment generally based on the fair value of the loan’s collateral. Fair value is generally determined based upon independent third-party appraisals of the properties, or discounted cash flows based upon the expected proceeds. These loans are generally included as Level 3 fair values, based on the lowest level of input that is significant to the fair value measurements. At March 31, 2024, the fair value of individually evaluated loans with a valuation allowance or partial charge-off was $ 2,439,000 , net of valuation allowances of $ 1,868,000 and charge-offs of $ 311,000 . At December 31, 2023 the fair value of impaired loans with a valuation allowance or charge-off was $ 2,526,000 , net of valuation allowances of $ 556,000 and charge-offs of $ 487,000 . Foreclosed real estate Other real estate property acquired through foreclosure is initially recorded at fair value of the property at the transfer date less estimated selling cost. Subsequently, other real estate owned is carried at the lower of its carrying value or the fair value less estimated selling cost. Fair value is usually determined based on an independent third-party appraisal of the property or occasionally on a recent sales offer. At March 31, 2024 and December 31, 2023, the fair value of foreclosed real estate with a valuation allowance or write-down was $ 383,000 , net of a write-down down of $ 584,000 . Mortgage servicing rights Mortgage servicing rights are initially recorded at fair value upon the sale of residential mortgage loans to secondary market investors. The fair value of servicing rights is based on the present value of estimated future cash flows on pools of mortgages stratified by rate and original time to maturity. Mortgage servicing rights are subsequently evaluated for impairment by an independent third party on a quarterly basis. Significant inputs to the valuation include expected cash flow, expected net servicing income, a cash flow discount rate and the expected life of the underlying loans. Mortgage servicing rights are evaluated periodically for impairment and carried at the lower of amortized cost or fair value. At March 31, 2024 and December 31, 2023, mortgage servicing rights are being carried at amortized cost. Fair Value Measurements (dollars in thousands) Total (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Other Unobservable Inputs March 31, 2024 Individually evaluated commercial loans $ 1,407 $ 0 $ 0 $ 1,407 Commercial real estate: Owner Occuppied 701 0 0 701 Individually evaluated residential real estate: Construction 268 0 0 268 Individually evaluated other 63 0 0 63 Other real estate owned 383 0 0 383 December 31, 2023 Individually evaluated commercial loans $ 1,465 $ 0 $ 0 $ 1,465 Commercial real estate: Owner Occupied 407 0 0 407 Individually evaluated residential real estate: Individually evaluated revolving 34 0 0 34 Individually evaluated other 65 0 0 65 Other real estate owned 383 0 0 383 The following table presents additional quantitative information about assets measured at fair value on a nonrecurring basis and for which the Corporation has utilized Level 3 inputs to determine fair value: Quantitative Information about Level 3 Fair Value Measurements Fair Value Valuation Unobservable Weighted (dollars in thousands) Estimate Techniques Input Range Average March 31, 2024 Individually evaluated commercial loans $ 223 Appraisal (1) Appraisal adjustments (2) 12 %- 49 % 44 % Commercial real estate: Owner Occupied 701 Appraisal (1) Appraisal adjustments (2) 1 %- 29 % 20 % Individually evaluated residential real estate: Construction 268 Appraisal (1) Appraisal adjustments (2) 4 %- 4 % 4 % Individually evaluated other 63 Appraisal (1) Appraisal adjustments (2) 16 %- 16 % 16 % Individually evaluated commercial loans 1,184 Business asset valuation (3) Business asset valuation adjustments (4) 50 %- 100 % 65 % Other real estate owned 383 Appraisal (1) Appraisal adjustments (2) 0 %- 25 % 22 % December 31, 2023 Individually evaluated commercial loans $ 944 Appraisal (1) Appraisal adjustments (2) 9 %- 12 % 10 % Commercial real estate: Owner Occupied 407 Appraisal (1) Appraisal adjustments (2) 1 %- 1 % 1 % Individually evaluated residential real estate: Individually evaluated revolving 34 Business asset valuation (3) Business asset valuation adjustments (4) 7 %- 7 % 7 % Individually evaluated other 65 Appraisal (1) Appraisal adjustments (2) 16 %- 16 % 16 % Individually evaluated commercial loans 521 Business asset valuation (3) Business asset valuation adjustments (4) 20 %- 50 % 50 % Other real estate owned 383 Appraisal (1) Appraisal adjustments (2) 0 %- 25 % 22 % (1) Fair value is generally determined through independent appraisals, which generally include various level 3 inputs that are not identifiable. (2) Appraisal amounts may be adjusted downward by the Corporation's management for qualitative factors such as economic conditions and estimated liquidation expenses. (3) Fair value is generally determined through customer-provided financial statements and bankruptcy court documents. (4) Business asset valuation may be adjusted downward by the corporation’s management qualitative factors such as economic conditions and estimated liquidation expenses. The range of liquidation expenses adjustments are presented as a percent of the financial statement book value. The following presents the carrying amounts and estimated fair values of the Corporation’s financial instruments as of March 31, 2024 and December 31, 2023. Fair Value Estimates (Level 1) (Level 2) (Level 3) Quoted Prices Significant Significant in Active Other Other Carrying Estimated Markets for Observable Unobservable (dollars in thousands) Amount Fair Value Identical Assets Inputs Inputs March 31, 2024 Financial assets Cash and cash equivalents $ 26,662 $ 26,662 $ 26,662 $ 0 $ 0 Securities available-for-sale 339,495 339,495 19,546 319,949 0 Restricted investment in bank stocks 3,186 N/A N/A N/A N/A Loans held for sale 958 999 0 999 0 Loans, net 1,717,624 1,624,385 0 0 1,624,385 Interest receivable 8,377 8,377 0 1,590 6,787 Financial liabilities Deposits $ 1,915,063 $ 1,910,922 $ 0 $ 1,910,922 $ 0 Short-term borrowings 30,314 30,314 0 30,314 0 Long-term debt and junior subordinated debt (1) 10,310 10,091 0 0 10,091 Subordinated notes 30,865 29,272 0 29,272 0 Interest payable 1,935 1,935 0 1,935 0 Off-balance sheet instruments 0 0 0 0 0 December 31, 2023 Financial assets Cash and cash equivalents $ 33,691 $ 33,691 $ 33,691 $ 0 $ 0 Securities available-for-sale 349,767 349,767 19,474 330,293 0 Restricted investment in bank stocks 3,146 N/A N/A N/A N/A Loans held for sale 822 873 0 873 0 Loans, net 1,685,102 1,592,135 0 0 1,592,135 Interest receivable 7,997 7,997 0 1,202 6,795 Financial liabilities Deposits $ 1,873,342 $ 1,868,931 $ 0 $ 1,868,931 $ 0 Short-term borrowings 56,541 56,541 0 56,541 0 Long-term debt and junior subordinated debt (1) 10,310 10,307 0 0 10,307 Subordinated notes 30,845 29,342 0 29,342 0 Interest payable 1,301 1,301 0 1,301 0 Off-balance sheet instruments 0 0 0 0 0 (1) Exclude leases included in Long-term debt

Assets and Liabilities Subject

Assets and Liabilities Subject to Offsetting	3 Months Ended
	Mar. 31, 2024
Assets and Liabilities Subject to Offsetting [Abstract]
Assets and Liabilities Subject to Offsetting	Note 13—Assets and Liabilities Subject to Offsetting Securities Sold Under Agreements to Repurchase PeoplesBank enters into agreements with clients in which it sells securities subject to an obligation to repurchase the same securities (“repurchase agreements”). The contractual maturity of the repurchase agreement is overnight and continues until either party terminates the agreement. These repurchase agreements are accounted for as a collateralized financing arrangement (i.e., secured borrowings) and not as a sale and subsequent repurchase of securities. The obligation to repurchase the securities is reflected as a liability (short-term borrowings) in the Corporation’s consolidated financial statements of condition, while the securities underlying the repurchase agreements are appropriately segregated for safekeeping purposes and remain in the respective securities asset accounts. Thus, there is no offsetting or netting of the securities with the repurchase agreement liabilities. Gross amounts Not Offset in the Statements of Condition Financial Instruments (dollars in thousands) Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Statements of Condition Net Amounts of Liabilities Presented in the Statements of Condition U.S. agency mortgage-backed, residential U.S. agency Cash Collateral Pledged Net Amount March 31, 2024 Repurchase Agreements $ 4,272 $ 0 $ 4,272 $ ( 13,333 ) $ 0 $ 0 $ ( 9,061 ) December 31, 2023 Repurchase Agreements $ 10,799 $ 0 $ 10,799 $ ( 13,873 ) $ 0 $ 0 $ ( 3,074 )

Interest Rate Swaps

Interest Rate Swaps	3 Months Ended
	Mar. 31, 2024
Interest Rate Swaps [Abstract]
Interest Rate Swaps	Note 14 – Interest Rate Swaps Loan Level Interest Rate Swaps PeoplesBank enters into loan-level interest rate swaps with certain qualifying, creditworthy commercial loan clients to provide a loan pricing structure that meets the interest rate risk management needs of both PeoplesBank as well as the client. PeoplesBank simultaneously enters into offsetting interest rate swaps with dealer counterparties, with identical notional amounts and terms. The net results of the offsetting client and deal counterparty swap agreements is that the client pays a fixed rate of interest and PeoplesBank receives a floating rate. PeoplesBank’s loan-level interest rate swaps are considered derivatives but are not accounted for using hedge accounting. The fair value and notional amount related to loan-level interest rate swaps are presented below: March 31, 2024 December 31, 2023 Notional Asset (Liability) Notional Asset (Liability) (dollars in thousands) Amount Fair Value Amount Fair Value Interest Rate Swap with Customers Positive Fair Values $ 39,597 $ 90 $ 37,684 $ 651 Interest Rate Swaps with Counterparties Negative Fair Values $ 39,597 $ ( 90 ) $ 37,684 $ ( 651 ) The gross amounts of loan-level interest rate swaps, the amounts offset and the carrying values in the Consolidated Balance Sheets, and the collateral pledged to support such agreements are presented below. (dollars in thousands) March 31, 2024 December 31, 2023 Interest Rate Swap Contracts - Commercial Loans: Gross amounts recognized $ 90 $ 651 Gross amounts offset 90 651 Net amounts presented in the Consolidated Balance Sheets $ 0 $ 0 Gross amounts not offset: Cash Collateral $ 0 $ 0 Net amounts $ 0 $ 0

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policy)	3 Months Ended
	Mar. 31, 2024
Summary of Significant Accounting Policies [Abstract]
Nature of Operations and Basis of Presentation	Nature of Operations and Basis of Presentation The accompanying consolidated balance sheet at December 31, 2023 has been derived from audited financial statements, and the unaudited interim consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information, the instructions to Form 10-Q, and Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 270. Accordingly, the interim financial statements do not include all of the financial information and notes required by generally accepted accounting principles for complete financial statements. In the opinion of management, the interim consolidated financial statements include all adjustments necessary to present fairly the financial condition and results of operations for the reported periods, and all such adjustments are of a normal and recurring nature. Codorus Valley Bancorp, Inc. (“Corporation” or “Codorus Valley”) is a bank holding company headquartered in York, Pennsylvania that provides a full range of banking services through its subsidiary, PeoplesBank, A Codorus Valley Company (“PeoplesBank” or “Bank”). As of March 31, 2024, PeoplesBank operates one wholly-owned subsidiary, Codorus Valley Financial Advisors, Inc. d/b/a PeoplesWealth Advisors, which sells nondeposit investment products. In addition, PeoplesBank may periodically create nonbank subsidiaries for the purpose of temporarily holding foreclosed properties pending the liquidation of these properties. PeoplesBank operates under a state charter and is subject to regulation by the Pennsylvania Department of Banking and Securities, and the Federal Deposit Insurance Corporation. The Corporation is subject to regulation by the Board of Governors of the Federal Reserve System and the Pennsylvania Department of Banking and Securities. The consolidated financial statements include the accounts of Codorus Valley and its wholly-owned bank subsidiary, PeoplesBank, and a wholly-owned nonbank subsidiary, SYC Realty Company, Inc. SYC Realty was inactive during the period ended March 31, 2024. The accounts of CVB Statutory Trust No. I and No. II are not included in the consolidated financial statements as discussed in Note 6—Short-Term Borrowings and Long-Term Debt. All significant intercompany account balances and transactions have been eliminated in consolidation. The accounting and reporting policies of Codorus Valley and subsidiaries conform to accounting principles generally accepted in the United States of America and have been followed on a consistent basis. These consolidated statements should be read in conjunction with the notes to the audited consolidated financial statements contained in the Corporation’s Annual Report on Form 10-K for the year ended December 31, 2023. The results of operations for the three months ended March 31, 2024 are not necessarily indicative of the results to be expected for the full year. In accordance with FASB ASC 855, the Corporation evaluated the events and transactions that occurred after the balance sheet date of March 31, 2024 and through the date these consolidated financial statements were issued, for items of potential recognition or disclosure.
Agreement and Plan Merger Agreementwith Orrstown Financial Services, Inc.	Agreement and Plan of Merger with Orrstown Financial Services, Inc. On December 12, 2023, Codorus Valley Bancorp, Inc. and Orrstown Financial Services, Inc., a Pennsylvania corporation (“Orrstown”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) pursuant to which Codorus Valley Bancorp, Inc. will be merged with and into Orrstown, with Orrstown as the surviving corporation (the “Merger”). Promptly following the Merger, PeoplesBank will be merged with and into Orrstown Bank, a Pennsylvania chartered bank,, which is the wholly-owned subsidiary of Orrstown, with Orrstown Bank as the surviving bank (the “Bank Merger”). The Merger and the Bank Merger are collectively referred to as the “pending Merger.” The pending Merger has been approved by the board of directors of Codorus Valley Bancorp, Inc. and Orrstown and is expected to close in the third quarter of 2024, subject to satisfaction of customary closing conditions, including receipt of required regulatory approvals and approvals from Orrstown and Codorus Valley shareholders. Upon completion of the pending Merger, Orrstown shareholders are expected to own approximately 56 % of the outstanding shares of the combined company and Codorus Valley shareholders are expected to own approximately 44 % of the outstanding shares of the combined company. A copy of the Merger Agreement is included as Exhibit 2.1 to the Current Report on Form 8-K filed by Codorus Valley Bancorp, Inc. with the Securities and Exchange Commission on December 12, 2023.
Allowance for Credit Losses—Available-for-Sale Securities	Allowance for Credit Losses—Available-for-Sale Securities For available-for-sale debt securities in an unrealized loss position, the Corporation first assesses whether it intends to sell, or it is more likely than not that it will be required to sell the security before recovery of its 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. For debt securities available-for-sale that do not meet the aforementioned criteria, the Corporation evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency and adverse conditions specifically related to 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 cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an allowance for credit losses is recorded, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an allowance for credit loss is recognized in other comprehensive income. Changes in the allowance for credit losses are recorded as provision for credit loss expense (or reversal). Losses are charged against the allowance when management believes the uncollectibility of an available-for-sale security is confirmed or when either of the criteria regarding intent or requirement to sell is met. Accrued interest receivable on available-for-sale debt securities, which totaled $ 1,600,000 as of March 31, 2024, is excluded from the estimate of credit losses .
Loans	Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at amortized cost, net of the allowance for credit losses. Amortized cost is the principal balance outstanding, net of deferred loan fees and costs. Accrued interest receivable totaled $ 6,800,000 at March 31, 2024 and was reported in other assets on the consolidated balance sheets and is excluded from the estimate of credit losses. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the level-yield method without anticipating prepayments. The loans receivable portfolio is disaggregated into segments. The segments include commercial, commercial real estate – construction, commercial real estate – owner occupied, commercial real estate – non-owner occupied, residential real estate – construction, residential real estate – revolving, residential real estate – multi family, residential real estate - other, and consumer loans. Interest income on mortgage and commercial loans is discontinued and placed on nonaccrual status at the time the loan is 90 days delinquent unless the loan is well secured and in process of collection. Mortgage loans are charged off at 180 days past due, and commercial loans are charged off to the extent principal or interest is deemed uncollectible. Consumer loans continue to accrue interest until they are charged off no later than 120 days past due unless the loan is in the process of collection. Past due status is based on the contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued but not received for loans placed on nonaccrual is reversed against interest income. Interest received on such loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Under the cost-recovery method, interest income is not recognized until the loan balance is reduced to zero. Under the cash-basis method, interest income is recorded when the payment is received in cash. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. As disclosed in Note 4—Loans and Allowance for Credit Losses, the Corporation engages in commercial and consumer lending. Loans are made within the Corporation’s primary market area and surrounding areas, and include the purchase of whole loan or participation interests in loans from other financial institutions. Commercial loans, which pose the greatest risk of loss to the Corporation, whether originated or purchased, are generally secured by real estate.
Allowance for Credit Losses - Loans	Allowance for credit losses – loans The allowance for credit losses (“ACL”) is a valuation account that is deducted from the loans’ amortized cost basis to present the net amount expected to be collected on the loans. Loans are charged off against the allowance when management believes the uncollectibility of a loan balance is confirmed. Expected recoveries do not exceed the aggregate of amounts previously charged-off and expected to be charged-off. Management estimates the allowance balance using relevant available information from both internal and external sources, relating to past events, current conditions and reasonable and supportable forecasts. Historical credit loss experience provides the basis for the estimation of expected credit losses. Adjustments to historical loss information are made for differences in current loan-specific risk characteristics such as differences in underwriting standards, portfolio mix, delinquency level, or term as well as changes in environmental conditions, such as changes in unemployment rates, property values, or other relevant factors. These adjustments are commonly known as the Qualitative Framework. The allowance for credit losses is measured on a collective (pool) basis when similar risk characteristics exist. Loans evaluated collectively for expected credit losses include loans on accrual status and loans initially evaluated individually but determined to not to have enhanced credit risk characteristics. The Corporation has identified the following portfolio segments:  Commercial loans  Commercial real estate – construction  Commercial real estate – owner occupied  Commercial real estate – non-owner occupied  Residential real estate – construction  Residential real estate – revolving  Residential real estate – multi family  Residential real estate – other  Consumer loans The Corporation groups its loan portfolio into segments which are further broken down into classes to allow management to monitor the performance of the portfolio. The risks associated with lending activities differ among the various loan classes and are subject to the impact of changes in interest rates, market conditions of collateral securing the loans, and general economic conditions. All of these factors may impact both the borrower’s ability to repay its loans and the value of the associated collateral. Commercial loans include advances to local and regional businesses for general commercial purposes and include permanent and short-term working capital, machinery and equipment financing, and may be either in the form of lines of credit or term loans. Although commercial and industrial loans may be unsecured to our highest-rated borrowers, most of these loans are secured by the borrower’s accounts receivable, inventory and machinery and equipment. In a considerable number of these loans, the collateral also includes the business real estate or the business owner’s personal real estate or assets. Commercial and industrial loans present credit exposure to the Corporation, as they are more susceptible to risk of loss during a downturn in the economy as borrowers may have greater difficulty in meeting their debt service requirements and the value of the collateral may decline. The Corporation’s underwriting standards are developed to mitigate this risk. The underwriting process includes evaluating the creditworthiness of the borrower and, to the extent available, credit ratings on the business. Additionally, monitoring of the loans through annual renewals and meetings with the borrowers is typical. However, these procedures cannot eliminate the risk of loss associated with commercial and industrial lending. Commercial Real Estate includes commercial construction loans along with owner and non-owner occupied commercial real estate loans. Commercial construction loans include multi-family construction loans commercial and land development loans. The risk of loss on these loans is dependent on the Corporation’s ability to assess the property’s value at the completion of the project, which should exceed the property’s construction costs. During the construction phase, a number of factors could potentially negatively impact the collateral value, including cost overruns, delays in completing the project, competition, and real estate market conditions, which may change based on the supply of similar properties in the area. In the event the collateral value at the completion of the project is not sufficient to cover the outstanding loan balance, the Corporation must rely upon other repayment sources, if any, including the guarantors of the project or other collateral securing the loan. Non-owner occupied commercial real estate present a different credit risk to the Corporation than owner occupied commercial real estate loans, as the repayment of the loan is dependent upon the borrower’s ability to generate a sufficient level of occupancy to produce rental income that exceeds debt service requirements and operating expenses. Lower occupancy or lease rates may result in reduction in cash flows, which hinders the ability of the borrower to meet debt service requirements and may result in lower collateral values. The Corporation recognizes that greater risk is inherent in these credit relationships compared to owner occupied loans that are generally dependent upon the successful operation of the borrower’s business, with the cash flows generated from the business being the primary source of repayment of the loan. If the business suffers a downturn in sales or profitability, the borrower’s ability to repay the loan could be negatively impacted. Residential Real Estate includes construction loans for single family housing units, revolving lines secured by 1-4 housing units, loans for multi-family units and fixed-rate and adjustable-rate loans with 1-4 owner occupied family residential housing securing the loans. The risk of loss on construction loans is largely dependent on the Corporation’s ability to assess the property’s value at the completion of the project, which should exceed the property’s construction costs, construction management, including timely completion of the unit. Revolving residential home equity loans, including term loans and lines of credit, present a slightly higher risk to the Corporation than 1-4 family first liens, as these loans can be first or second liens on 1-4 family owner occupied residential property, but can have loan-to-value ratios of no greater than 90% of the value of the real estate taken as collateral. The creditworthiness of the borrower is also considered, including credit scores and debt-to-income ratios. Multi-family residential contain multiple separate housing units for residential inhabitants in several buildings or within one complex. High interest rates, fluctuations in rental demand, lacking property management and maintenance can impact the borrower’s ability to repay the loan. Fixed-rate and adjustable-rate loans with 1-4 owner occupied family residential housing risk exposure is minimized through the evaluation of the creditworthiness of the borrower, including credit scores and debt-to-income ratios, and underwriting standards, which limit the loan-to-value ratio to generally no more than 80% upon loan origination, unless the borrower obtains private mortgage insurance. Consumer installment and other consumer loans credit risk is mitigated through prudent underwriting standards, including evaluation of the creditworthiness of the borrower through credit scores and debt-to-income ratios and, if secured, the collateral value of the assets. These loans can be unsecured, or the collateral value may depreciate quickly or may fluctuate, and may present a greater risk to the Corporation than 1-4 family residential loans. The Corporation measures the allowance for credit losses using the following methods.  Loans are aggregated into pools based on similar risk characteristics.  The Probability of Default (PD) and Loss Given Default (LGD) CECL model components are determined based on loss estimates driven by historical experience at the input level.  The PD model component uses "through the economic cycle transition" matrices based on the Corporation’s and peer group historical loan and transaction data across each pool of loans.  The LGD model component calculates a lifetime estimate across each pool of loans utilizing a nonparametric loss curve modeling approach.  Reasonable and supportable forecasts are incorporated into the PD model component that are based on different economic forecasts and scenarios sourced from external parties. A future loss forecast over the reasonable and supportable forecast period of one year is based on the projected performance of specific economic variables that statistically correlate with the PD and LGD pools. After the reasonable and supportable forecast period, credit loss estimates revert over four quarters to input-level.  Cash flow assumptions are established for each loan using maturity date, amortization schedule and interest rate.  A constant prepayment rate is calculated for each loan pool in the CECL model. Loans that do not share similar risk characteristics are evaluated on an individual basis. Loans evaluated individually are not also included in the collective evaluation. When management determines that foreclosure is probable or when the borrower is experiencing financial difficulty at the reporting date and repayment is expected to be provided substantially through the operation or sale of the collateral expected credit losses are based on the fair value of the collateral at the reporting date, adjusted for selling costs as appropriate. Loans are modified if the Corporation grants borrowers experiencing financial difficulties concessions that it would not otherwise consider. Concessions granted under a modification may involve a reduction of the interest rate, forgiveness of principal, extension of the term of the loan, and/or other-than-insignificant payment delays.
Allowance for Credit Losses - Off-Balance Sheet Credit Exposures	Allowance for credit losses – off-balance sheet credit exposures Effective January 1, 2023, the Corporation adopted ASC 326, at which time the Corporation estimated expected credit losses over the contractual period in which the Corporation is exposed to credit risk via a contractual obligation to extend credit, unless that obligation is unconditionally cancellable by the Corporation. The allowance represents management’s estimate of expected losses in unfunded loan commitments and other noncancellable off-balance sheet credit exposures, such as letters of credit. The ACL specific to unfunded commitments is determined by estimating future draws and applying the expected loss rates on those draws. Future draws are based on historical averages of utilization rates, i.e., the likelihood of draws taken. Adjustments to the reserve for unfunded off-balance sheet credit exposures are recorded in provision for credit losses - unfunded off-balance sheet credit exposures in the Consolidated Statements of Income.
Loan-Level Interest Rate Swaps	Loan-Level Interest Rate Swaps PeoplesBank enters into loan-level interest rate swaps (“swaps”) to facilitate certain client transactions and to meet their financing needs. These swaps qualify as derivatives, but are not designated as hedging instruments, which would be accounted for using hedge accounting. A loan-level interest rate swap is a contract in which the series of interest rate flows (fixed and variable) are exchanged over the term of a loan with certain qualifying commercial loan clients, and PeoplesBank simultaneously enters into an interest rate swap with a dealer counterparty with identical notional amounts and terms. The net result of these swaps is that the client pays a fixed interest rate and PeoplesBank receives a floating interest rate. The swap positions with clients are equally offset with the dealer counterparties to minimize the potential impact on PeoplesBank’s financial statements. Pursuant to agreements with the dealer counterparties, PeoplesBank may receive collateral or may be required to post collateral based upon mark-to-market positions. Beyond unsecured threshold levels, collateral in the form of cash or securities may be made available to counterparties of interest rate swap transactions. Based upon the current positions and related future collateral requirements relating to them, PeoplesBank believes any effect on its cash flow or liquidity position to be immaterial. Derivatives contain an element of credit risk, including the possibility that PeoplesBank will incur a loss because a party to the agreements, which may be a dealer counterparty or a client, fails to meet its contractual obligations. Derivative contracts may only be executed with dealer counterparties as approved by the Board of Directors. Similarly, derivatives with clients may only be executed with clients within credit exposure limits approved by the Board of Directors. Interest rate swaps, recorded at fair value, are included in other assets on the Consolidated Balance Sheets. Additional information is provided in Note 14 – Interest Rate Swaps.
Bank Premises and Equipment Held for Sale	Bank Premises and Equipment Held for Sale Bank premises and equipment designated as held for sale are carried at the lower of cost or fair value. There were no bank premises and equipment designated as held for sale as of March 31, 2024 or December 31, 2023.
Foreclosed Real Estate	Foreclosed Real Estate Foreclosed real estate, included in other assets, is comprised of property acquired through a foreclosure proceeding or property that is acquired through in-substance foreclosure. Foreclosed real estate is initially recorded at fair value minus estimated costs to sell at the date of foreclosure, establishing a new cost basis. Any difference between the carrying value and the new cost basis is charged against the allowance for credit losses. Appraisals, obtained from an independent third party, are generally used to determine fair value. After foreclosure, management reviews valuations at least quarterly and adjusts the asset to the lower of cost or fair value minus estimated costs to sell through a valuation allowance or a write-down. Costs related to the improvement of foreclosed real estate are generally capitalized until the real estate reaches a saleable condition subject to fair value limitations. Revenue and expense from operations and changes in the valuation allowance are included in noninterest expense. When a foreclosed real estate asset is ultimately sold, any gain or loss on the sale is included in the income statement as a component of noninterest income or expense. At March 31, 2024 there was $ 408,000 of foreclosed real estate compared to $ 383,000 at December 31, 2023. As of March 31, 2024, there was $ 39,000 consumer mortgage loans secured by residential real estate properties, for which formal foreclosure proceedings were in process according to local requirements of the applicable jurisdiction, compared to $ 133,000 as of December 31, 2023.
Mortgage Servicing Rights	Mortgage Servicing Rights Mortgage servicing rights (MSRs) associated with sold loans are included in other assets on the consolidated balance sheets at an amount equal to the estimated fair value of the contractual rights to service the mortgage loans. The MSR asset is amortized as a reduction to servicing income. The MSR asset is evaluated periodically for impairment and carried at the lower of amortized cost or fair value. An independent third party firm calculates fair value by discounting the estimated cash flows from servicing income using a rate consistent with the risk associated with these assets and an estimate of future net servicing income of the underlying loans. In the event that the amortized cost of the MSR asset exceeds the fair value of the asset, a valuation allowance would be established through a charge against servicing income. Subsequent fair value evaluations may determine that impairment has been reduced or eliminated, in which case the valuation allowance would be reduced through a credit to earnings. At March 31, 2024, the balance of residential mortgage loans serviced for third parties was $ 50,246,000 compared to $ 51,069,000 at December 31, 2023. Three months ended March 31, (dollars in thousands) 2024 2023 Amortized cost: Balance at beginning of period $ 227 $ 279 Amortization expense ( 9 ) ( 21 ) Balance at end of period $ 218 $ 258
Goodwill and Core Deposit Intangible Assets	Goodwill and Core Deposit Intangible Assets Goodwill arising from acquisitions is not amortized, but is subject to an annual impairment test. This test consists of a qualitative analysis. If the Corporation determines events or circumstances indicate that it is more likely than not that goodwill is impaired, a quantitative analysis must be completed. Analyses may also be performed between annual tests. Significant judgment is applied when goodwill is assessed for impairment. This judgment includes developing cash flow projections, selecting appropriate discount rates, identifying relevant market comparables, incorporating general economic and market conditions, and selecting an appropriate control premium. The Corporation completes its annual goodwill impairment test on October 1st of each year. Based upon a qualitative analysis of goodwill, the Corporation concluded that the amount of recorded goodwill was not impaired as of October 1, 2023. There were no conditions or events that would trigger an analysis or impairment since October 1, 2023. Core deposit intangibles represent the value assigned to demand, interest checking, money market, and savings accounts acquired as part of an acquisition. The core deposit intangible value represents the future economic benefit of potential cost savings from acquiring core deposits as part of an acquisition compared to the cost of alternative funding sources and the alternative cost to grow a similar core deposit base. The core deposit intangible asset resulting from the merger with Madison Bancorp, Inc. was determined to have a definite life and is being amortized using the sum of the years’ digits method over ten years . All intangible assets must be evaluated for impairment if certain events or changes in circumstances occur. Any impairment write-downs would be recognized as expense on the consolidated statements of income. The core deposit intangible asset is included in other assets on the Consolidated Balance Sheets
Revenue from Contracts with Customers	Revenue from Contracts with Customers Revenue from contracts with customers that are required to be recognized under FASB ASC Topic 606 - Revenue from Contracts with Customers (ASC 606) is measured based on consideration specified in a contract with a customer, and excludes any sales incentives and amounts collected on behalf of third parties. The Corporation recognizes revenue when it satisfies a performance obligation by transferring control over a product or service to a customer. The majority of the Corporation’s revenue-generating transactions are not within the scope of ASC 606, including revenue generated from financial instruments, such as our loans, letters of credit, derivatives and investment securities, as well as revenue related to our mortgage servicing activities, as these activities are subject to other U.S. Generally Accepted Accounting Principles (GAAP) discussed elsewhere within our disclosures. Descriptions of our revenue-generating activities that are within the scope of ASC 606, which are presented in our consolidated statements of income as components of non-interest income are as follows: Trust and investment service fees: The Corporation provides trust, investment management custody and irrevocable life insurance trust services to clients. Such services are rendered in accordance with the underlying contracts for which fees are earned. The Corporation’s performance obligations are generally satisfied, and the related revenue recognized, over the period in which the service is provided. Payment for services rendered is primarily received in the following month. Income from mutual fund, annuity and insurance sales: The Corporation sells mutual funds, annuity and insurance products to its clients. The Corporation’s performance obligation is met upon the signing of the product agreement and, in certain cases, a time component may exist when the client has the right to rescind the agreement with or without penalty. The Corporation recognizes revenues upon delivery of the product or service unless there is a time component in which case revenues are recognized utilizing the expected value method. Payment for services rendered is primarily received in the following month. Service charges on deposits accounts: These represent general service fees for monthly account maintenance and activity- or transaction based fees and consist of transaction-based revenue, time-based revenue (service period), item-based revenue or some other individual attribute-based revenue. Other service charges include revenue from processing wire transfers, cashier’s checks and other services. Revenue is recognized when the performance obligation is completed which is generally monthly for account maintenance services or when a transaction has been completed. Payment for service charges on deposit accounts is primarily received immediately or in the following month through a direct charge to the clients’ accounts. Other noninterest income: The Corporation evaluated individual components of other noninterest income, such as credit card merchant fees, credit and gift card fees and ATM fees. Debit card income is primarily comprised of interchange fees earned whenever the Corporation’s debit cards are processed through payment networks, such as Visa. Credit and gift card income is realized through a third party provider who issues cards as private label in the Corporation’s name. ATM fees are primarily generated when a non-Corporation cardholder uses a Corporation ATM. The income is primarily comprised as a percentage of interchange fees earned whenever the issuer’s card is processed through card payment networks, such as Visa or Pulse. Merchant services income is realized through a referral agreement with a third party service provider. Amounts paid to the Corporation under the agreement are from fees charged to merchants for processing their debit card transactions. The Corporation’s performance obligation for these fees are largely satisfied, and related revenue recognized, when the services are rendered or upon completion. Payment is typically received within a one to three day lag or in the following month.
Per Share Data	Per Share Data The computation of net income per share is provided in the table below. Three months ended March 31, (in thousands, except per share data) 2024 2023 Net income $ 4,255 $ 6,992 Weighted average shares outstanding (basic) 9,649 9,585 Effect of dilutive stock options 21 27 Weighted average shares outstanding (diluted) 9,670 9,612 Basic earnings per share $ 0.44 $ 0.73 Diluted earnings per share $ 0.44 $ 0.73
Comprehensive Income	Comprehensive Income Accounting principles generally accepted in the United States require that recognized revenue, expenses, gains and losses be included in net income. Although certain changes in assets and liabilities, such as unrealized gains and losses on available-for-sale securities, are reported as a separate component of the shareholders’ equity section of the balance sheet, such items, along with net income, are components of comprehensive income.
Cash Flow Information	Cash Flow Information For purposes of the consolidated statements of cash flows, the Corporation considers interest bearing deposits with banks, cash and due from banks, and federal funds sold to be cash and cash equivalents. Supplemental cash flow information is provided in the table below. Three months ended March 31, (dollars in thousands) 2024 2023 Cash paid during the period for: Income taxes $ 250 $ 3,930 Interest $ 11,568 $ 5,129 Noncash investing and financing activities: Transfer of loans to foreclosed real estate $ 25 $ 0 Transfer of loans to held for sale $ 783 $ 2,018
Recent Accounting Pronouncements	Recent Accounting Pronouncements Pronouncements Not Yet Effective In November 2023, the FASB issued ASU 2023-07, Segment Reporting – Improvements to Reportable Segment Disclosures (Topic 280).This standard issues the requirement for a public entity to disclose its significant segment expense categories and amounts for each reportable segment. This standard is not expected to have a material impact on the Corporation’s consolidated financial statements. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740). This standard sets forth additional disclosures associated with the rate reconciliation, with different categories having varying degrees of qualitative and/or quantitative disclosures. This standard is being evaluated and is not expected to have material impact on the Corporation’s consolidated financial statements.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2024
Summary of Significant Accounting Policies [Abstract]
Summary of Changes in Mortgage Service Rights	Three months ended March 31, (dollars in thousands) 2024 2023 Amortized cost: Balance at beginning of period $ 227 $ 279 Amortization expense ( 9 ) ( 21 ) Balance at end of period $ 218 $ 258
Schedule of Computation of Net Income Per Share	Three months ended March 31, (in thousands, except per share data) 2024 2023 Net income $ 4,255 $ 6,992 Weighted average shares outstanding (basic) 9,649 9,585 Effect of dilutive stock options 21 27 Weighted average shares outstanding (diluted) 9,670 9,612 Basic earnings per share $ 0.44 $ 0.73 Diluted earnings per share $ 0.44 $ 0.73
Schedule of Supplemental Cash Flow Information	Three months ended March 31, (dollars in thousands) 2024 2023 Cash paid during the period for: Income taxes $ 250 $ 3,930 Interest $ 11,568 $ 5,129 Noncash investing and financing activities: Transfer of loans to foreclosed real estate $ 25 $ 0 Transfer of loans to held for sale $ 783 $ 2,018

Securities (Tables)

Securities (Tables)	3 Months Ended
	Mar. 31, 2024
Securities [Abstract]
Summary of Securities Available-for-Sale	Amortized Allowance for Gross Unrealized Fair (dollars in thousands) Cost Credit Losses Gains Losses Value March 31, 2024 Debt securities: U.S. Treasury notes $ 19,883 $ 0 $ 0 $ ( 337 ) $ 19,546 U.S. agency 13,875 0 0 ( 1,196 ) 12,679 U.S. agency mortgage-backed, residential 276,260 0 155 ( 31,620 ) 244,795 State and municipal 35,302 0 27 ( 4,961 ) 30,368 Corporates 37,196 0 33 ( 5,122 ) 32,107 Total debt securities $ 382,516 $ 0 $ 215 $ ( 43,236 ) $ 339,495 December 31, 2023 Debt securities: U.S. Treasury notes $ 19,843 $ 0 $ 0 $ ( 369 ) $ 19,474 U.S. agency 13,953 0 0 ( 1,116 ) 12,837 U.S. agency mortgage-backed, residential 283,058 0 342 ( 29,121 ) 254,279 State and municipal 35,351 0 53 ( 4,732 ) 30,672 Corporates 38,192 0 1 ( 5,688 ) 32,505 Total debt securities $ 390,397 $ 0 $ 396 $ ( 41,026 ) $ 349,767
Schedule of Gross Realized Gains and Losses on Sales of Securities Available-for-Sale	Three months ended March 31, (dollars in thousands) 2024 2023 Proceeds $ 0 $ 4,253 Gross gains 0 0 Gross losses 0 ( 388 ) Tax benefit 0 81
Schedule of Amortized Cost and Estimated Fair Value of Debt Securities	Available-for-sale Amortized Fair (dollars in thousands) Cost Value Due in one year or less $ 18,549 $ 18,258 Due after one year through five years 105,899 99,048 Due after five years through ten years 215,655 186,226 Due after ten years 42,413 35,963 Total debt securities $ 382,516 $ 339,495
Schedule of Gross Unrealized Losses and Fair Value, Aggregated by Investment Category and Length of Time	Less than 12 months 12 months or more Total Number of Fair Unrealized Number of Fair Unrealized Number of Fair Unrealized (dollars in thousands) Securities Value Losses Securities Value Losses Securities Value Losses March 31, 2024 Debt securities: U.S. Treasury notes 0 $ 0 $ 0 4 $ 19,546 $ ( 337 ) 4 $ 19,546 $ ( 337 ) U.S. agency 2 1,115 ( 10 ) 10 11,564 ( 1,186 ) 12 12,679 ( 1,196 ) U.S. agency mortgage-backed, residential 25 18,515 ( 119 ) 216 212,304 ( 31,501 ) 241 230,819 ( 31,620 ) State and municipal 4 1,532 ( 11 ) 33 26,005 ( 4,950 ) 37 27,537 ( 4,961 ) Corporates 1 1,358 ( 144 ) 29 29,222 ( 4,978 ) 30 30,580 ( 5,122 ) Total 32 $ 22,520 $ ( 284 ) 292 $ 298,641 $ ( 42,952 ) 324 $ 321,161 $ ( 43,236 ) December 31, 2023 Debt securities: U.S. Treasury notes 0 $ 0 $ 0 4 $ 19,474 $ ( 369 ) 4 $ 19,474 $ ( 369 ) U.S. agency 2 $ 1,192 $ ( 11 ) 10 $ 11,645 $ ( 1,105 ) 12 $ 12,837 $ ( 1,116 ) U.S. agency mortgage-backed, residential 14 12,996 ( 101 ) 208 211,658 ( 29,020 ) 222 224,654 ( 29,121 ) State and municipal 2 634 ( 23 ) 32 25,907 ( 4,709 ) 34 26,541 ( 4,732 ) Corporates 1 1,261 ( 239 ) 31 30,751 ( 5,449 ) 32 32,012 ( 5,688 ) Total 19 $ 16,083 $ ( 374 ) 285 $ 299,435 $ ( 40,652 ) 304 $ 315,518 $ ( 41,026 )

Loans and Allowance for Credi_2

Loans and Allowance for Credit Losses (Tables)	3 Months Ended
	Mar. 31, 2024
Loans and Allowance for Credit Losses [Abstract]
Schedule of Loan Portfolio Composition	March 31, % Total December 31, % Total (dollars in thousands) 2024 Loans 2023 Loans Commercial loans $ 170,319 9.8 $ 154,189 9.0 Commercial real estate: Construction 181,107 10.4 178,756 10.5 Owner occupied 353,133 20.3 355,236 20.8 Non-owner occupied 472,560 27.2 455,171 26.7 Residential real estate: Construction 28,239 1.6 27,383 1.6 Revolving 103,614 6.0 107,968 6.3 Multi family 128,918 7.4 130,666 7.7 Other 289,180 16.6 283,387 16.6 Consumer 12,199 0.7 12,852 0.8 Gross Loans 1,739,269 100.0 1,705,608 100.0 Less: Allowance for credit losses 21,645 20,506 Net Loans $ 1,717,624 $ 1,685,102
Summary of Allowance for Credit Losses by Segment	The following tables presents the activity in the allowance for credit losses by segment as of and for the three months ended March 31 2024 and March 31, 2023. (dollars in thousands) Balance, January 1, 2024 Provision for credit losses Loan charge-offs Loan recoveries Balance, March 31, 2024 Commercial loans $ 2,254 $ 938 $ ( 56 ) $ 356 $ 3,492 Commercial real estate: Construction 3,658 ( 596 ) 0 0 3,062 Owner occupied 4,096 36 ( 66 ) 0 4,066 Non-owner occupied 6,279 32 0 0 6,311 Residential real estate: Construction 82 9 ( 11 ) 0 80 Revolving 475 ( 123 ) 0 3 355 Multi family 1,519 251 0 0 1,770 Other 1,986 403 ( 62 ) 64 2,391 Consumer 157 ( 59 ) ( 9 ) 29 118 Total $ 20,506 $ 891 $ ( 204 ) $ 452 $ 21,645 (dollars in thousands) Balance, January 1, 2023 Impact of adopting ASC 326 Provision for credit losses Loan charge-offs Loan recoveries Balance, March 31, 2023 Commercial loans $ 4,783 $ ( 235 ) $ ( 904 ) $ ( 64 ) $ 116 $ 3,697 Commercial real estate: Construction 1,829 1,121 590 0 0 3,539 Owner occupied 4,341 ( 69 ) 333 ( 683 ) 33 3,956 Non-owner occupied 6,387 ( 468 ) 249 0 0 6,168 Residential real estate: Construction 230 ( 144 ) ( 6 ) 0 0 79 Revolving 417 192 58 ( 27 ) 0 641 Multi family 1,205 194 25 0 0 1,424 Other 1,511 169 167 0 13 1,859 Consumer 33 167 ( 20 ) ( 4 ) 5 181 Total $ 20,736 $ 927 $ 492 $ ( 778 ) $ 167 $ 21,544
Summary of Non-Accrual Loans	With a Without a Related Interest Income (dollars in thousands) Related Allowance Related Allowance Allowance Three months ended March 31, 2024 Commercial loans $ 3,010 $ 150 $ 1,753 $ 175 Commercial real estate: Construction 0 35 0 0 Owner occupied 733 613 115 0 Non-owner occupied 0 155 0 4 Residential real estate: Construction 0 264 0 0 Revolving 0 474 0 2 Multi family 0 0 0 0 Other 0 1,542 0 0 Consumer 0 0 0 0 Total $ 3,743 $ 3,233 $ 1,868 $ 181 March 31, 2023 Commercial loans $ 1,854 $ 2,910 $ 1,629 $ 245 Commercial real estate: Construction 0 0 0 107 Owner occupied 0 2,241 0 42 Non-owner occupied 0 0 0 0 Residential real estate: Construction 0 282 0 0 Revolving 209 428 152 7 Multi family 0 0 0 0 Other 0 710 0 0 Consumer 0 0 0 0 Total $ 2,063 $ 6,571 $ 1,781 $ 401 December 31, 2023 Commercial loans $ 1,000 $ 513 $ 500 $ 663 Commercial real estate: Construction 0 38 0 107 Owner occupied 463 0 56 401 Non-owner occupied 0 205 0 0 Residential real estate: Construction 0 0 0 36 Revolving 0 439 0 35 Multi family 0 0 0 0 Other 0 951 0 38 Consumer 0 0 0 0 Total $ 1,463 $ 2,146 $ 556 $ 1,280
Summary of Loan Risk Ratings by Loan Class	Term Loans Amortized Cost Basis by Origination Year Revolving Loans Revolving Loans converted to Term Amortized Cost Loans Amortized (dollars in thousands) 2024 2023 2022 2021 2020 Prior Basis Cost Basis Total Commercial loans Pass $ 15,381 $ 18,394 $ 39,744 $ 11,115 $ 3,737 $ 18,563 $ 50,399 $ 0 $ 157,333 Special Mention 0 1,669 59 145 0 502 591 0 2,966 Substandard 0 0 391 2,364 0 959 3,146 0 6,860 Nonaccrual 0 0 0 258 0 1,040 1,862 0 3,160 Total 15,381 20,063 40,194 13,882 3,737 21,064 55,998 0 170,319 Gross write-offs 0 ( 8 ) ( 12 ) 0 0 0 ( 36 ) 0 ( 56 ) Commercial real estate: Construction Pass $ 9,449 $ 57,045 $ 55,381 $ 20,535 $ 11,720 $ 15,713 $ 6,707 $ 0 $ 176,550 Special Mention 0 0 3,259 0 0 0 0 0 3,259 Substandard 0 0 596 0 667 0 0 0 1,263 Nonaccrual 0 0 0 0 0 35 0 0 35 Total 9,449 57,045 59,236 20,535 12,387 15,748 6,707 0 181,107 Gross write-offs 0 0 0 0 0 0 0 0 0 Owner occupied Pass $ 2,029 $ 41,133 $ 58,604 $ 75,779 $ 23,207 $ 117,929 $ 17,318 $ 0 $ 335,999 Special Mention 0 950 0 0 0 3,187 0 0 4,137 Substandard 0 237 599 1,371 2,482 6,083 879 0 11,651 Nonaccrual 0 0 0 0 779 484 83 0 1,346 Total 2,029 42,320 59,203 77,150 26,468 127,683 18,280 0 353,133 Gross write-offs 0 0 0 0 0 0 ( 66 ) 0 ( 66 ) Non-owner occupied Pass $ 12,532 $ 36,981 $ 135,945 $ 110,661 $ 52,840 $ 109,877 $ 1,595 $ 0 $ 460,431 Special Mention 0 0 0 0 9,921 0 0 0 9,921 Substandard 0 0 0 1,181 0 872 0 0 2,053 Nonaccrual 0 0 0 0 0 155 0 0 155 Total 12,532 36,981 135,945 111,842 62,761 110,904 1,595 0 472,560 Gross write-offs 0 0 0 0 0 0 0 0 0 Residential real estate: Construction Pass $ 1,257 $ 15,641 $ 5,493 $ 1,216 $ 958 $ 1,528 $ 1,882 $ 0 $ 27,975 Special Mention 0 0 0 0 0 0 0 0 0 Substandard 0 0 0 0 0 0 0 0 0 Nonaccrual 0 0 0 0 0 264 0 0 264 Total 1,257 15,641 5,493 1,216 958 1,792 1,882 0 28,239 Gross write-offs 0 0 0 0 0 ( 11 ) 0 0 ( 11 ) Revolving Pass $ 821 $ 10,405 $ 15,136 $ 990 $ 304 $ 2,380 $ 72,806 $ 0 $ 102,842 Special Mention 0 0 0 0 0 0 0 0 0 Substandard 0 0 0 0 0 0 298 0 298 Nonaccrual 71 0 34 0 0 0 369 0 474 Total 892 10,405 15,170 990 304 2,380 73,473 0 103,614 Gross write-offs 0 0 0 0 0 0 0 0 0 Multi family Pass $ 0 $ 5,989 $ 34,265 $ 33,091 $ 19,344 $ 31,536 $ 989 $ 0 $ 125,214 Special Mention 0 0 0 0 0 0 0 0 0 Substandard 0 0 0 0 0 3,704 0 0 3,704 Nonaccrual 0 0 0 0 0 0 0 0 0 Total 0 5,989 34,265 33,091 19,344 35,240 989 0 128,918 Gross write-offs 0 0 0 0 0 0 0 0 0 Other Pass $ 10,960 $ 64,990 $ 60,399 $ 42,093 $ 37,062 $ 69,751 $ 736 $ 0 $ 285,991 Special Mention 0 0 0 80 49 905 42 0 1,076 Substandard 0 0 101 0 129 341 0 0 571 Nonaccrual 0 0 725 299 0 518 0 0 1,542 Total 10,960 64,990 61,225 42,472 37,240 71,515 778 0 289,180 Gross write-offs 0 0 ( 62 ) 0 0 0 0 0 ( 62 ) Consumer Pass $ 362 $ 3,640 $ 2,927 $ 1,217 $ 139 $ 335 $ 3,572 $ 0 $ 12,192 Special Mention 0 0 0 0 0 0 0 0 0 Substandard 0 1 6 0 0 0 0 0 7 Nonaccrual 0 0 0 0 0 0 0 0 0 Total 362 3,641 2,933 1,217 139 335 3,572 0 12,199 Gross write-offs 0 ( 9 ) 0 0 0 0 0 0 ( 9 ) Total Loans Pass $ 52,791 $ 254,218 $ 407,894 $ 296,697 $ 149,311 $ 367,612 $ 156,004 $ 0 $ 1,684,527 Special Mention 0 2,619 3,318 225 9,970 4,594 633 0 21,359 Substandard 0 238 1,693 4,916 3,278 11,959 4,323 0 26,407 Nonaccrual 71 0 759 557 779 2,496 2,314 0 6,976 Total 52,862 257,075 413,664 302,395 163,338 386,661 163,274 0 1,739,269 Total Gross Charge-Offs $ 0 $ ( 17 ) $ ( 74 ) $ 0 $ 0 $ ( 11 ) $ ( 102 ) $ 0 $ ( 204 ) The following table summarizes designated internal risk rating categories by portfolio segment, by origination year, in the period ended December 31, 2023. It does not include the regulatory classification of “doubtful,” nor does it include the regulatory classification of “loss”, because the Corporation promptly charges off loan losses. Term Loans Amortized Cost Basis by Origination Year Revolving Loans Revolving Loans converted to Term Amortized Cost Loans Amortized (dollars in thousands) 2023 2022 2021 2020 2019 Prior Basis Cost Basis Total Commercial loans Pass $ 19,859 $ 40,037 $ 14,742 $ 4,183 $ 10,482 $ 8,928 $ 44,105 $ 0 $ 142,336 Special Mention 0 12 0 0 530 128 2,071 0 2,741 Substandard 36 227 2,559 10 0 1,098 3,669 0 7,599 Nonaccrual 0 21 33 0 310 1,000 149 0 1,513 Total 19,895 40,297 17,334 4,193 11,322 11,154 49,994 0 154,189 Gross write-offs 0 ( 26 ) ( 11 ) ( 15 ) 0 ( 1,009 ) ( 387 ) 0 ( 1,448 ) Commercial real estate: Construction Pass $ 53,320 $ 63,945 $ 19,825 $ 11,790 $ 7,743 $ 8,160 $ 4,879 $ 0 $ 169,662 Special Mention 0 3,279 0 0 0 0 500 0 3,779 Substandard 0 1,175 0 4,102 0 0 0 0 5,277 Nonaccrual 0 0 0 0 0 38 0 0 38 Total 53,320 68,399 19,825 15,892 7,743 8,198 5,379 0 178,756 Gross write-offs 0 0 0 0 0 0 0 0 0 Owner occupied Pass $ 40,600 $ 59,363 $ 76,868 $ 24,384 $ 30,913 $ 92,524 $ 16,343 $ 0 $ 340,995 Special Mention 139 0 0 0 0 3,510 0 0 3,649 Substandard 247 0 1,240 2,502 0 5,711 429 0 10,129 Nonaccrual 0 0 0 0 0 463 0 0 463 Total 40,986 59,363 78,108 26,886 30,913 102,208 16,772 0 355,236 Gross write-offs 0 0 0 0 0 ( 682 ) 0 0 ( 682 ) Non-owner occupied Pass $ 38,259 $ 124,825 $ 111,364 $ 53,115 $ 11,406 $ 102,011 $ 1,856 $ 0 $ 442,836 Special Mention 0 0 0 9,941 0 85 0 0 10,026 Substandard 0 0 1,189 0 0 915 0 0 2,104 Nonaccrual 0 0 0 50 0 155 0 0 205 Total 38,259 124,825 112,553 63,106 11,406 103,166 1,856 0 455,171 Gross write-offs 0 0 0 0 0 0 0 0 0 Residential real estate: Construction Pass $ 14,200 $ 7,554 $ 1,199 $ 965 $ 1,294 $ 537 $ 1,634 $ 0 $ 27,383 Special Mention 0 0 0 0 0 0 0 0 0 Substandard 0 0 0 0 0 0 0 0 0 Nonaccrual 0 0 0 0 0 0 0 0 0 Total 14,200 7,554 1,199 965 1,294 537 1,634 0 27,383 Gross write-offs 0 0 0 0 0 0 0 0 0 Revolving Pass $ 10,935 $ 16,175 $ 1,042 $ 319 $ 605 $ 1,975 $ 76,178 $ 0 $ 107,229 Special Mention 0 0 0 0 0 0 0 0 0 Substandard 0 0 0 0 0 0 300 0 300 Nonaccrual 0 35 0 0 0 0 404 0 439 Total 10,935 16,210 1,042 319 605 1,975 76,882 0 107,968 Gross write-offs 0 0 0 0 0 ( 8 ) ( 55 ) 0 ( 63 ) Multi family Pass $ 6,300 $ 34,966 $ 32,692 $ 19,487 $ 23,751 $ 8,238 $ 1,023 $ 0 $ 126,457 Special Mention 0 0 0 0 0 1,800 0 0 1,800 Substandard 0 0 0 0 0 2,409 0 0 2,409 Nonaccrual 0 0 0 0 0 0 0 0 0 Total 6,300 34,966 32,692 19,487 23,751 12,447 1,023 0 130,666 Gross write-offs 0 0 0 0 0 0 0 0 0 Other Pass $ 65,759 $ 62,257 $ 42,183 $ 37,607 $ 17,649 $ 54,210 $ 1,232 $ 0 $ 280,897 Special Mention 0 0 0 50 0 916 42 0 1,008 Substandard 0 102 0 129 0 300 0 0 531 Nonaccrual 0 0 425 0 0 526 0 0 951 Total 65,759 62,359 42,608 37,786 17,649 55,952 1,274 0 283,387 Gross write-offs 0 0 0 0 0 0 0 0 0 Consumer Pass $ 3,982 $ 3,282 $ 1,521 $ 160 $ 81 $ 259 $ 3,560 $ 0 $ 12,845 Special Mention 0 0 0 0 0 0 0 0 0 Substandard 1 6 0 0 0 0 0 0 7 Nonaccrual 0 0 0 0 0 0 0 0 0 Total 3,983 3,288 1,521 160 81 259 3,560 0 12,852 Gross write-offs 0 ( 6 ) 0 ( 2 ) 0 ( 1 ) ( 53 ) 0 ( 62 ) Total Loans Pass $ 253,214 $ 412,404 $ 301,436 $ 152,010 $ 103,924 $ 276,842 $ 150,810 $ 0 $ 1,650,640 Special Mention 139 3,291 0 9,991 530 6,439 2,613 0 23,003 Substandard 284 1,510 4,988 6,743 0 10,433 4,398 0 28,356 Nonaccrual 0 56 458 50 310 2,182 553 0 3,609 Total 253,637 417,261 306,882 168,794 104,764 295,896 158,374 0 1,705,608 Total Gross Charge-Offs $ 0 $ ( 32 ) $ ( 11 ) $ ( 17 ) $ 0 $ ( 1,700 ) $ ( 495 ) $ 0 $ ( 2,255 )
Summary of Past Due Loans, Nonaccrual Loans and Current Loans by Loan Segment and Class	≥ 90 Days Total Past 30-59 Days 60-89 Days Past Due Due and (dollars in thousands) Past Due Past Due and Accruing Nonaccrual Nonaccrual Current Total Loans March 31, 2024 Commercial loans $ 0 $ 0 $ 0 $ 3,160 $ 3,160 $ 167,159 $ 170,319 Commercial real estate: Construction 0 0 0 35 35 181,072 181,107 Owner occupied 1,349 0 0 1,346 2,695 350,438 353,133 Non-owner occupied 0 0 0 155 155 472,405 472,560 Residential real estate: Construction 331 0 0 264 595 27,644 28,239 Revolving 151 15 0 474 640 102,974 103,614 Multi family 0 0 0 0 0 128,918 128,918 Other 1,681 0 0 1,542 3,223 285,957 289,180 Consumer 0 3 0 0 3 12,196 12,199 Total $ 3,512 $ 18 $ 0 $ 6,976 $ 10,506 $ 1,728,763 $ 1,739,269 December 31, 2023 Commercial loans $ 307 $ 12 $ 0 $ 1,513 $ 1,832 $ 152,357 $ 154,189 Commercial real estate: Construction 0 0 0 38 38 178,718 178,756 Owner occupied 348 0 0 463 811 354,425 355,236 Non-owner occupied 346 0 0 205 551 454,620 455,171 Residential real estate: Construction 0 0 0 0 0 27,383 27,383 Revolving 304 26 0 439 769 107,199 107,968 Multi family 0 0 0 0 0 130,666 130,666 Other 911 0 0 951 1,862 281,525 283,387 Consumer 17 0 0 0 17 12,835 12,852 Total $ 2,233 $ 38 $ 0 $ 3,609 $ 5,880 $ 1,699,728 $ 1,705,608
Summary of Amortized Cost and Percent of Loans	The following table presents the amortized costs basis of loans at March 31, 2024 and March 31, 2023 that were both experiencing financial difficulty and modified during the three months ended March 31, by segment and type of modification. The percentage of the amortized costs basis of loans that were modified to borrowers in financial distress as compared to the amortized cost basis of each class of loan is also presented below: Interest Rate Term Payment (dollars in thousands) Reduction Extension Delay Total Loan Class March 31, 2024 Commercial loans $ 0 $ 0 $ 150 0.09 % Commercial real estate: Construction 0 6,542 0 3.61 Total $ 0 $ 6,542 $ 150 0.38 % March 31, 2023 Commercial loans $ 2,145 $ 2,586 $ 0 $ 2.57 % Commercial real estate: Owner occupied 0 1,961 0 0.58 Total $ 2,145 $ 4,547 $ 0 $ 0.41 %
Summary of Financial Effect of Loan Modifications	Weighted-Average Weighted-Average Weighted Average Weighted-Average Interest Rate Interest Rate Term Extension Payment Delay (dollars in thousands) Reduction Reduction Range (months) (months) March 31, 2024 Commercial loans 0 % 0 % 0 2 Commercial real estate: Construction 0 0 12 0 March 31, 2023 Commercial loans 3.15 % 3.15 - 3.15 % 7 0 Commercial real estate: Owner occupied 0 0 4 0

Deposits (Tables)

Deposits (Tables)	3 Months Ended
	Mar. 31, 2024
Deposits [Abstract]
Schedule of Composition of Deposits	March 31, December 31, (dollars in thousands) 2024 2023 Noninterest bearing demand $ 365,358 $ 379,288 Interest bearing demand 266,572 266,747 Money market 660,756 644,235 Savings 130,679 131,077 Time deposits less than $100 249,758 233,666 Time deposits $100 to $250 159,824 147,622 Time deposits $250 or more 82,116 70,707 Total deposits $ 1,915,063 $ 1,873,342

Short-Term Borrowings and Lon_2

Short-Term Borrowings and Long-Term Debt (Tables)	3 Months Ended
	Mar. 31, 2024
Short-Term Borrowings and Long-Term Debt [Abstract]
Summary of Long-Term Debt	March 31, December 31, (dollars in thousands) 2024 2023 Junior subordinated debt Due 2034 , 7.61 %, floating rate based on 3 month SOFR plus 2.02 %, callable quarterly $ 3,093 $ 3,093 Due 2036 , 7.12 % floating rate based on 3 month SOFR plus 1.54 %, callable quarterly 7,217 7,217 Lease obligations included in long-term debt: Finance lease liabilities 1,203 1,210 Total long term debt and junior subordinated debt $ 11,513 $ 11,520 Subordinated notes Due 2030 , 4.50 % fixed rate, callable on or after December 2025 30,865 30,845 Total long-term debt $ 42,378 $ 42,365

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2024
Leases [Abstract]
Components of Lease Expense	Three months ended March 31, (dollars in thousands) 2024 2023 Operating lease cost $ 174 $ 174 Finance lease cost: Amortization of right-of-use assets $ 12 $ 12 Interest on lease liability 11 11 Total finance lease cost $ 23 $ 23 Total lease cost $ 197 $ 197
Supplemental Cash Flow Information Related to Leases	Three months ended March 31, 2024 2023 Operating cash flows from operating leases $ 179 $ 179 Operating cash flows from financing leases 11 11 Financing cash flows from financing leases 8 8 Right-of-use assets obtained in exchange for lease obligations: Operating leases 0 0 Finance leases 0 0
Supplemental Balance Sheet Information Related to Leases	March 31, December 31, 2024 2023 Assets: Operating leases right-of-use assets $ 2,591 $ 2,746 Finance leases assets 935 947 Total lease assets $ 3,526 $ 3,693 Liabilities: Operating $ 2,687 $ 2,848 Financing 1,203 1,210 Total lease liabilities $ 3,890 $ 4,058 Weighted Average Remaining Lease Term (years) Operating leases 6.2 6.3 Finance leases 19.9 20.2 Weighted Average Discount Rate Operating leases 2.37 % 2.38 % Finance leases 3.69 % 3.69 %
Future Minimum Payments for Financing Leases and Operating Leases	(dollars in thousands:) March 31, 2024 Year Ending December 31, Operating Leases Finance Leases 2024 $ 522 $ 56 2025 494 79 2026 389 80 2027 380 80 2028 351 80 Thereafter 737 1,349 Total lease payments 2,873 1,724 Less imputed interest ( 186 ) ( 521 ) Total $ 2,687 $ 1,203 (dollars in thousands:) December 31, 2023 Year Ending December 31, Operating Leases Finance Leases 2024 $ 699 $ 75 2025 494 79 2026 389 80 2027 380 80 2028 351 80 Thereafter 737 1,348 Total lease payments 3,050 1,742 Less imputed interest ( 202 ) ( 532 ) Total $ 2,848 $ 1,210

Regulatory Matters (Tables)

Regulatory Matters (Tables)	3 Months Ended
	Mar. 31, 2024
Regulatory Matters [Abstract]
Schedule of Risk-Based Capital Ratios and Leverage Ratios	To Be Well Capitalized Under Required for Capital Prompt Corrective Action Actual (1) Adequacy Purposes (2) (3) Provisions (2) (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio Codorus Valley Bancorp, Inc. (consolidated) at March 31, 2024 Capital ratios: Common equity Tier 1 $ 231,381 12.85 % $ 126,071 7.00 % $ n/a n/a % Tier 1 risk based 241,381 13.40 153,086 8.50 n/a n/a Total risk based 294,201 16.34 189,106 10.50 n/a n/a Leverage 241,381 10.80 89,386 4.00 n/a n/a at December 31, 2023 Capital ratios: Common equity Tier 1 $ 228,163 12.79 % $ 124,875 7.00 % $ n/a n/a % Tier 1 risk based 238,163 13.35 151,634 8.50 n/a n/a Total risk based 289,514 16.23 187,312 10.50 n/a n/a Leverage 238,163 10.75 88,627 4.00 n/a n/a PeoplesBank, A Codorus Valley Company at March 31, 2024 Capital ratios: Common equity Tier 1 $ 267,241 14.86 % $ 125,860 7.00 % $ 116,870 6.50 % Tier 1 risk based 267,241 14.86 152,829 8.50 143,839 8.00 Total risk based 288,886 16.07 188,789 10.50 179,799 10.00 Leverage 267,241 11.97 89,268 4.00 111,585 5.00 at December 31, 2023 Capital ratios: Common equity Tier 1 $ 264,967 14.89 % $ 124,606 7.00 % $ 115,705 6.50 % Tier 1 risk based 264,967 14.89 151,307 8.50 142,407 8.00 Total risk based 285,473 16.04 186,909 10.50 178,008 10.00 Leverage 264,967 11.98 88,478 4.00 110,598 5.00 (1) Net unrealized gains and losses on securities available-for-sale, net of taxes, are disregarded for capital ratio computation purposes in accordance with federal regulatory banking guidelines. (2) T he Corporation is currently not subject to the regulatory capital requirements imposed by Basel III on bank holding companies because the Corporation's consolidated assets did not exceed $ 3.0 billion as of March 31, 2024 and therefore qualified as a small bank holding company. (3) Ratio includes Capital Conservation Buffer of 2.50 % , except Leverage Ratio, for which the Capital Conservation Buffer does not apply.

Fair Value of Assets and Liab_2

Fair Value of Assets and Liabilities (Tables)	3 Months Ended
	Mar. 31, 2024
Fair Value of Assets and Liabilities [Abstract]
Schedule of Assets Measured at Fair Value on Recurring Basis	Fair Value Measurements (dollars in thousands) Total (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Other Unobservable Inputs March 31, 2024 Securities available-for-sale: U.S. Treasury notes $ 19,546 $ 19,546 $ 0 $ 0 U.S. agency 12,679 0 12,679 0 U.S. agency mortgage-backed, residential 244,795 0 244,795 0 State and municipal 30,368 0 30,368 0 Corporates 32,107 0 32,107 0 Other assets: Loan-level interest rate swaps 90 0 90 0 December 31, 2023 Securities available-for-sale: U.S. Treasury notes $ 19,474 $ 19,474 $ 0 $ 0 U.S. agency 12,837 0 12,837 0 U.S. agency mortgage-backed, residential 254,279 0 254,279 0 State and municipal 30,672 0 30,672 0 Corporates 32,505 0 32,505 0 Other assets: Loan-level interest rate swaps 651 0 651 0
Schedule of Assets Measured at Fair Value on Nonrecurring Basis	Fair Value Measurements (dollars in thousands) Total (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Other Unobservable Inputs March 31, 2024 Individually evaluated commercial loans $ 1,407 $ 0 $ 0 $ 1,407 Commercial real estate: Owner Occuppied 701 0 0 701 Individually evaluated residential real estate: Construction 268 0 0 268 Individually evaluated other 63 0 0 63 Other real estate owned 383 0 0 383 December 31, 2023 Individually evaluated commercial loans $ 1,465 $ 0 $ 0 $ 1,465 Commercial real estate: Owner Occupied 407 0 0 407 Individually evaluated residential real estate: Individually evaluated revolving 34 0 0 34 Individually evaluated other 65 0 0 65 Other real estate owned 383 0 0 383
Schedule of Level 3 Assets Measured at Fair Value on Nonrecurring Basis	Quantitative Information about Level 3 Fair Value Measurements Fair Value Valuation Unobservable Weighted (dollars in thousands) Estimate Techniques Input Range Average March 31, 2024 Individually evaluated commercial loans $ 223 Appraisal (1) Appraisal adjustments (2) 12 %- 49 % 44 % Commercial real estate: Owner Occupied 701 Appraisal (1) Appraisal adjustments (2) 1 %- 29 % 20 % Individually evaluated residential real estate: Construction 268 Appraisal (1) Appraisal adjustments (2) 4 %- 4 % 4 % Individually evaluated other 63 Appraisal (1) Appraisal adjustments (2) 16 %- 16 % 16 % Individually evaluated commercial loans 1,184 Business asset valuation (3) Business asset valuation adjustments (4) 50 %- 100 % 65 % Other real estate owned 383 Appraisal (1) Appraisal adjustments (2) 0 %- 25 % 22 % December 31, 2023 Individually evaluated commercial loans $ 944 Appraisal (1) Appraisal adjustments (2) 9 %- 12 % 10 % Commercial real estate: Owner Occupied 407 Appraisal (1) Appraisal adjustments (2) 1 %- 1 % 1 % Individually evaluated residential real estate: Individually evaluated revolving 34 Business asset valuation (3) Business asset valuation adjustments (4) 7 %- 7 % 7 % Individually evaluated other 65 Appraisal (1) Appraisal adjustments (2) 16 %- 16 % 16 % Individually evaluated commercial loans 521 Business asset valuation (3) Business asset valuation adjustments (4) 20 %- 50 % 50 % Other real estate owned 383 Appraisal (1) Appraisal adjustments (2) 0 %- 25 % 22 % (1) Fair value is generally determined through independent appraisals, which generally include various level 3 inputs that are not identifiable. (2) Appraisal amounts may be adjusted downward by the Corporation's management for qualitative factors such as economic conditions and estimated liquidation expenses. (3) Fair value is generally determined through customer-provided financial statements and bankruptcy court documents. (4) Business asset valuation may be adjusted downward by the corporation’s management qualitative factors such as economic conditions and estimated liquidation expenses. The range of liquidation expenses adjustments are presented as a percent of the financial statement book value.
Schedule of Carrying Amounts and Estimated Fair Values of Financial Instruments	Fair Value Estimates (Level 1) (Level 2) (Level 3) Quoted Prices Significant Significant in Active Other Other Carrying Estimated Markets for Observable Unobservable (dollars in thousands) Amount Fair Value Identical Assets Inputs Inputs March 31, 2024 Financial assets Cash and cash equivalents $ 26,662 $ 26,662 $ 26,662 $ 0 $ 0 Securities available-for-sale 339,495 339,495 19,546 319,949 0 Restricted investment in bank stocks 3,186 N/A N/A N/A N/A Loans held for sale 958 999 0 999 0 Loans, net 1,717,624 1,624,385 0 0 1,624,385 Interest receivable 8,377 8,377 0 1,590 6,787 Financial liabilities Deposits $ 1,915,063 $ 1,910,922 $ 0 $ 1,910,922 $ 0 Short-term borrowings 30,314 30,314 0 30,314 0 Long-term debt and junior subordinated debt (1) 10,310 10,091 0 0 10,091 Subordinated notes 30,865 29,272 0 29,272 0 Interest payable 1,935 1,935 0 1,935 0 Off-balance sheet instruments 0 0 0 0 0 December 31, 2023 Financial assets Cash and cash equivalents $ 33,691 $ 33,691 $ 33,691 $ 0 $ 0 Securities available-for-sale 349,767 349,767 19,474 330,293 0 Restricted investment in bank stocks 3,146 N/A N/A N/A N/A Loans held for sale 822 873 0 873 0 Loans, net 1,685,102 1,592,135 0 0 1,592,135 Interest receivable 7,997 7,997 0 1,202 6,795 Financial liabilities Deposits $ 1,873,342 $ 1,868,931 $ 0 $ 1,868,931 $ 0 Short-term borrowings 56,541 56,541 0 56,541 0 Long-term debt and junior subordinated debt (1) 10,310 10,307 0 0 10,307 Subordinated notes 30,845 29,342 0 29,342 0 Interest payable 1,301 1,301 0 1,301 0 Off-balance sheet instruments 0 0 0 0 0 (1) Exclude leases included in Long-term debt

Assets and Liabilities Subjec_2

Assets and Liabilities Subject to Offsetting (Tables)	3 Months Ended
	Mar. 31, 2024
Assets and Liabilities Subject to Offsetting [Abstract]
Schedule of Securities Sold Under Agreements to Repurchase	Gross amounts Not Offset in the Statements of Condition Financial Instruments (dollars in thousands) Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Statements of Condition Net Amounts of Liabilities Presented in the Statements of Condition U.S. agency mortgage-backed, residential U.S. agency Cash Collateral Pledged Net Amount March 31, 2024 Repurchase Agreements $ 4,272 $ 0 $ 4,272 $ ( 13,333 ) $ 0 $ 0 $ ( 9,061 ) December 31, 2023 Repurchase Agreements $ 10,799 $ 0 $ 10,799 $ ( 13,873 ) $ 0 $ 0 $ ( 3,074 )

Interest Rate Swaps (Tables)

Interest Rate Swaps (Tables)	3 Months Ended
	Mar. 31, 2024
Interest Rate Swaps [Abstract]
Fair Value, Notational Amount, and Collateral Posted Related to Loan-Level Interest Rate Swaps	March 31, 2024 December 31, 2023 Notional Asset (Liability) Notional Asset (Liability) (dollars in thousands) Amount Fair Value Amount Fair Value Interest Rate Swap with Customers Positive Fair Values $ 39,597 $ 90 $ 37,684 $ 651 Interest Rate Swaps with Counterparties Negative Fair Values $ 39,597 $ ( 90 ) $ 37,684 $ ( 651 )
Gross Amounts of Commercial Loan Swap Derivatives, Amounts Offset and Carrying Values in Consolidated Balance Sheets, and Collateral Pledged to Support Such Agreements	(dollars in thousands) March 31, 2024 December 31, 2023 Interest Rate Swap Contracts - Commercial Loans: Gross amounts recognized $ 90 $ 651 Gross amounts offset 90 651 Net amounts presented in the Consolidated Balance Sheets $ 0 $ 0 Gross amounts not offset: Cash Collateral $ 0 $ 0 Net amounts $ 0 $ 0

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Narrative) (Details)		3 Months Ended
	Dec. 12, 2023	Mar. 31, 2024 USD ($) item	Mar. 31, 2023 USD ($)	Dec. 31, 2023 USD ($)
Significant Accounting Policies [Line Items]
Number of subsidiaries | item		1
Other assets		$ 96,686,000		$ 97,660,000
Foreclosed real estate, net of allowance		408,000		383,000
Loans		1,739,269,000		1,705,608,000
Other income		467,000	$ 862,000
Retained earnings		71,249,000		$ 68,633,000
(Recovery of) provision for credit losses on loans		891,000	492,000
(Recovery of) provision for credit losses on off-balance sheet credit exposures		(775,000)	246,000
Accrued interest receivable on available-for-sale debt securities		$ 1,600,000
Net Investment in Lease, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]		Other assets		Other assets
Accrued interest receivable, loans		$ 6,800,000
Financing Receivable, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]		Other assets		Other assets
Codorus Valley Bancorp, Inc [Member]
Significant Accounting Policies [Line Items]
Percent of ownership in Merger	44%
Bank Premises and Equipment [Member]
Significant Accounting Policies [Line Items]
Other assets		$ 0		$ 0
Mortgage Servicing Rights [Member] | Residential Mortgages [Member]
Significant Accounting Policies [Line Items]
Loans		50,246,000		51,069,000
Consumer Related Loans [Member]
Significant Accounting Policies [Line Items]
(Recovery of) provision for credit losses on loans			$ (20,000)
Consumer Related Loans [Member] | Residential Mortgages [Member]
Significant Accounting Policies [Line Items]
Loans in process of foreclosure amount		$ 39,000		$ 133,000
Core Deposits Intangible Assets [Member]
Significant Accounting Policies [Line Items]
Intangible assets, amortization period		10 years
Orrstown Financial Services, Inc [Member]
Significant Accounting Policies [Line Items]
Percent of ownership in Merger	56%

Summary of Significant Accoun_5

Summary of Significant Accounting Policies (Summary of Changes in Mortgage Service Rights) (Details) - Residential Mortgages [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Balance at beginning of year	$ 227	$ 279
Amortization expense	(9)	(21)
Balance at end of year	$ 218	$ 258

Summary of Significant Accoun_6

Summary of Significant Accounting Policies (Schedule of Computation of Net Income Per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Summary of Significant Accounting Policies [Abstract]
Net income	$ 4,255	$ 6,992
Weighted average shares outstanding (basic)	9,649	9,585
Effect of dilutive stock options	21	27
Weighted average shares outstanding (diluted)	9,670	9,612
Basic earnings per share	$ 0.44	$ 0.73
Diluted earnings per share	$ 0.44	$ 0.73

Summary of Significant Accoun_7

Summary of Significant Accounting Policies (Schedule of Supplemental Cash Flow Information) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Summary of Significant Accounting Policies [Abstract]
Cash paid during the period for: Income taxes	$ 250	$ 3,930
Cash paid during the period for: Interest	11,568	5,129
Noncash investing and financing activities:
Transfer of loans to foreclosed real estate	25	0
Transfer of loans to held for sale	$ 783	$ 2,018

Securities (Narrative) (Details

Securities (Narrative) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2024 USD ($) security	Mar. 31, 2023 USD ($)	Dec. 31, 2023 USD ($) security
Schedule of Available-for-sale Securities [Line Items]
Income tax expense related to net investment security gains | $	$ 0	$ 91
Number of securities	349
Number of securities in unrealized loss position	324		304
Carrying Amount [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities pledged as collateral | $	$ 204,019		$ 214,547
Corporates [Member]
Schedule of Available-for-sale Securities [Line Items]
Number of securities in unrealized loss position	30		32
U.S. Agency [Member]
Schedule of Available-for-sale Securities [Line Items]
Number of securities in unrealized loss position	12		12
Percentage of mortgage-backed securities held issued by financial instrument	100%

Securities (Summary of Securiti

Securities (Summary of Securities Available-for-Sale) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Schedule of Available-for-sale Securities [Line Items]
Total debt securities, Amortized Cost	$ 382,516	$ 390,397
Allowance for Credit Losses	0	0
Total debt securities, Gross Unrealized Gains	215	396
Total debt securities, Gross Unrealized Losses	(43,236)	(41,026)
Total debt securities, Fair Value	339,495	349,767
U.S. Treasury Notes [Member]
Schedule of Available-for-sale Securities [Line Items]
Total debt securities, Amortized Cost	19,883	19,843
Allowance for Credit Losses	0	0
Total debt securities, Gross Unrealized Gains	0	0
Total debt securities, Gross Unrealized Losses	(337)	(369)
Total debt securities, Fair Value	19,546	19,474
U.S. Agency [Member]
Schedule of Available-for-sale Securities [Line Items]
Total debt securities, Amortized Cost	13,875	13,953
Allowance for Credit Losses	0	0
Total debt securities, Gross Unrealized Gains	0	0
Total debt securities, Gross Unrealized Losses	(1,196)	(1,116)
Total debt securities, Fair Value	12,679	12,837
U.S. Agency Mortgage-Backed, Residential [Member]
Schedule of Available-for-sale Securities [Line Items]
Total debt securities, Amortized Cost	276,260	283,058
Allowance for Credit Losses	0	0
Total debt securities, Gross Unrealized Gains	155	342
Total debt securities, Gross Unrealized Losses	(31,620)	(29,121)
Total debt securities, Fair Value	244,795	254,279
State and Municipal [Member]
Schedule of Available-for-sale Securities [Line Items]
Total debt securities, Amortized Cost	35,302	35,351
Allowance for Credit Losses	0	0
Total debt securities, Gross Unrealized Gains	27	53
Total debt securities, Gross Unrealized Losses	(4,961)	(4,732)
Total debt securities, Fair Value	30,368	30,672
Corporates [Member]
Schedule of Available-for-sale Securities [Line Items]
Total debt securities, Amortized Cost	37,196	38,192
Allowance for Credit Losses	0	0
Total debt securities, Gross Unrealized Gains	33	1
Total debt securities, Gross Unrealized Losses	(5,122)	(5,688)
Total debt securities, Fair Value	$ 32,107	$ 32,505

Securities (Schedule of Gross R

Securities (Schedule of Gross Realized Gains and Losses on Sales of Securities Available-for-Sale) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Securities [Abstract]
Proceeds	$ 0	$ 4,253
Gross gains	0	0
Gross losses	0	(388)
Tax benefit	$ 0	$ 81

Securities (Schedule of Amortiz

Securities (Schedule of Amortized Cost and Estimated Fair Value of Debt Securities) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Securities [Abstract]
Due in one year or less, Available-for-sale, Amortized Cost	$ 18,549
Due after one year through five years, Available-for-sale, Amortized Cost	105,899
Due after five years through ten years, Available-for-sale, Amortized Cost	215,655
Due after ten years, Available-for-sale, Amortized Cost	42,413
Total debt securities, Amortized Cost	382,516	$ 390,397
Due in one year or less, Available-for-sale, Fair Value	18,258
Due after one year through five years, Available-for-sale, Fair Value	99,048
Due after five years through ten years, Available-for-sale, Fair Value	186,226
Due after ten years, Available-for-sale, Fair Value	35,963
Total debt securities, Fair Value	$ 339,495	$ 349,767

Securities (Schedule of Gross U

Securities (Schedule of Gross Unrealized Losses and Fair Value, Aggregated by Investment Category and Length of Time) (Details) $ in Thousands	Mar. 31, 2024 USD ($) security	Dec. 31, 2023 USD ($) security
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Number of Securities | security	32	19
Less than 12 months, Fair Value	$ 22,520	$ 16,083
Less than 12 months, Unrealized Losses	$ (284)	$ (374)
12 months or more, Number of Securities | security	292	285
12 months or more, Fair Value	$ 298,641	$ 299,435
12 months or more, Unrealized Losses	$ (42,952)	$ (40,652)
Total, Number of Securities | security	324	304
Total, Fair Value	$ 321,161	$ 315,518
Total, Unrealized Losses	$ (43,236)	$ (41,026)
U.S. Treasury Notes [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Number of Securities | security	0	0
Less than 12 months, Fair Value	$ 0	$ 0
Less than 12 months, Unrealized Losses	$ 0	$ 0
12 months or more, Number of Securities | security	4	4
12 months or more, Fair Value	$ 19,546	$ 19,474
12 months or more, Unrealized Losses	$ (337)	$ (369)
Total, Number of Securities | security	4	4
Total, Fair Value	$ 19,546	$ 19,474
Total, Unrealized Losses	$ (337)	$ (369)
U.S. Agency [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Number of Securities | security	2	2
Less than 12 months, Fair Value	$ 1,115	$ 1,192
Less than 12 months, Unrealized Losses	$ (10)	$ (11)
12 months or more, Number of Securities | security	10	10
12 months or more, Fair Value	$ 11,564	$ 11,645
12 months or more, Unrealized Losses	$ (1,186)	$ (1,105)
Total, Number of Securities | security	12	12
Total, Fair Value	$ 12,679	$ 12,837
Total, Unrealized Losses	$ (1,196)	$ (1,116)
U.S. Agency Mortgage-Backed, Residential [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Number of Securities | security	25	14
Less than 12 months, Fair Value	$ 18,515	$ 12,996
Less than 12 months, Unrealized Losses	$ (119)	$ (101)
12 months or more, Number of Securities | security	216	208
12 months or more, Fair Value	$ 212,304	$ 211,658
12 months or more, Unrealized Losses	$ (31,501)	$ (29,020)
Total, Number of Securities | security	241	222
Total, Fair Value	$ 230,819	$ 224,654
Total, Unrealized Losses	$ (31,620)	$ (29,121)
State and Municipal [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Number of Securities | security	4	2
Less than 12 months, Fair Value	$ 1,532	$ 634
Less than 12 months, Unrealized Losses	$ (11)	$ (23)
12 months or more, Number of Securities | security	33	32
12 months or more, Fair Value	$ 26,005	$ 25,907
12 months or more, Unrealized Losses	$ (4,950)	$ (4,709)
Total, Number of Securities | security	37	34
Total, Fair Value	$ 27,537	$ 26,541
Total, Unrealized Losses	$ (4,961)	$ (4,732)
Corporates [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months, Number of Securities | security	1	1
Less than 12 months, Fair Value	$ 1,358	$ 1,261
Less than 12 months, Unrealized Losses	$ (144)	$ (239)
12 months or more, Number of Securities | security	29	31
12 months or more, Fair Value	$ 29,222	$ 30,751
12 months or more, Unrealized Losses	$ (4,978)	$ (5,449)
Total, Number of Securities | security	30	32
Total, Fair Value	$ 30,580	$ 32,012
Total, Unrealized Losses	$ (5,122)	$ (5,688)

Restricted Investment in Bank_2

Restricted Investment in Bank Stocks (Narrative) (Details) - FHLBP [Member] - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Maximum percent of member's total capital stock outstanding available for repurchase	5%
Impairment on restricted investment in bank stocks	$ 0	$ 0

Loans and Allowance for Credi_3

Loans and Allowance for Credit Losses (Narrative) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2024 USD ($) segment loan	Mar. 31, 2023 USD ($) loan	Dec. 31, 2023 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loan portfolio segments | segment	9
Loans	$ 1,739,269		$ 1,705,608
Commitments to lend additional amounts to TDRs	$ 3,400	$ 23
Number of loan defaults | loan	0	0
Collateral Pledged [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 6,976		3,609
Nonaccrual [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 6,976		$ 3,609

Loans and Allowance for Credi_4

Loans and Allowance for Credit Losses (Schedule of Loan Portfolio Composition) (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	$ 1,739,269	$ 1,705,608
Less: Allowance for credit losses	21,645	20,506	$ 21,544	$ 20,736
Net loans	1,717,624	1,685,102
Commercial Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	170,319	154,189
Less: Allowance for credit losses	3,492	2,254	3,697	4,783
Commercial Real Estate [Member] | Construction/Builder & Developer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	181,107	178,756
Less: Allowance for credit losses	3,062	3,658	3,539	1,829
Commercial Real Estate [Member] | Owner Occupied [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	353,133	355,236
Less: Allowance for credit losses	4,066	4,096	3,956	4,341
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	472,560	455,171
Less: Allowance for credit losses	6,311	6,279	6,168	6,387
Commercial Real Estate [Member] | Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	472,560
Residential Real Estate [Member] | Construction/Builder & Developer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	28,239	27,383
Less: Allowance for credit losses	80	82	79	230
Residential Real Estate [Member] | Residential Mortgages [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	28,239
Residential Real Estate [Member] | Revolving/Home Equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	103,614	107,968
Less: Allowance for credit losses	355	475	641	417
Residential Real Estate [Member] | Multi Family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	128,918	130,666
Less: Allowance for credit losses	1,770	1,519	1,424	1,205
Residential Real Estate [Member] | Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	289,180	283,387
Less: Allowance for credit losses	2,391	1,986	1,859	1,511
Consumer Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	12,199	12,852
Less: Allowance for credit losses	$ 118	157
Consumer Loan [Member] | Revolving/Home Equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans		107,968
Consumer Loan [Member] | Multi Family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans		130,666
Consumer Loan [Member] | Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans		$ 283,387
Consumer Related Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Less: Allowance for credit losses			$ 181	$ 33
Credit Concentration Risk [Member] | Loans Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
% Total Loans	100%	100%
Credit Concentration Risk [Member] | Loans Receivable [Member] | Commercial Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
% Total Loans	9.80%	9%
Credit Concentration Risk [Member] | Loans Receivable [Member] | Commercial Real Estate [Member] | Construction/Builder & Developer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
% Total Loans	10.40%	10.50%
Credit Concentration Risk [Member] | Loans Receivable [Member] | Commercial Real Estate [Member] | Owner Occupied [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
% Total Loans	20.30%	20.80%
Credit Concentration Risk [Member] | Loans Receivable [Member] | Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
% Total Loans	27.20%	26.70%
Credit Concentration Risk [Member] | Loans Receivable [Member] | Residential Real Estate [Member] | Construction/Builder & Developer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
% Total Loans	1.60%	1.60%
Credit Concentration Risk [Member] | Loans Receivable [Member] | Residential Real Estate [Member] | Revolving/Home Equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
% Total Loans	6%	6.30%
Credit Concentration Risk [Member] | Loans Receivable [Member] | Residential Real Estate [Member] | Multi Family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
% Total Loans	7.40%	7.70%
Credit Concentration Risk [Member] | Loans Receivable [Member] | Residential Real Estate [Member] | Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
% Total Loans	16.60%	16.60%
Credit Concentration Risk [Member] | Loans Receivable [Member] | Consumer Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
% Total Loans	0.70%	0.80%

Loans and Allowance for Credi_5

Loans and Allowance for Credit Losses (Summary of Allowance for Loan Losses by Loan Segment and Class) (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023	Dec. 31, 2022
Allowance for Credit Loss [Abstract]
Allowance for Credit Loss, Beginning Balance	$ 21,645	$ 21,544	$ 20,506	$ 20,736
Provision for credit losses on loans	891	492
Loan charge-offs	(204)	(778)
Loan recoveries	452	167
Allowance for Credit Loss, Ending Balance	21,645	21,544	20,506
Accounting Standards Update 2016-13 [Member]
Allowance for Credit Loss [Abstract]
Allowance for Credit Loss, Beginning Balance				927
Commercial Loans [Member]
Allowance for Credit Loss [Abstract]
Allowance for Credit Loss, Beginning Balance	3,492	3,697	2,254	4,783
Provision for credit losses on loans	938	(904)
Loan charge-offs	(56)	(64)
Loan recoveries	356	116
Allowance for Credit Loss, Ending Balance	3,492	3,697	2,254
Commercial Loans [Member] | Accounting Standards Update 2016-13 [Member]
Allowance for Credit Loss [Abstract]
Allowance for Credit Loss, Beginning Balance				(235)
Commercial Real Estate [Member] | Construction/Builder & Developer [Member]
Allowance for Credit Loss [Abstract]
Allowance for Credit Loss, Beginning Balance	3,062	3,539	3,658	1,829
Provision for credit losses on loans	(596)	590
Loan charge-offs	0	0
Loan recoveries	0	0
Allowance for Credit Loss, Ending Balance	3,062	3,539	3,658
Commercial Real Estate [Member] | Construction/Builder & Developer [Member] | Accounting Standards Update 2016-13 [Member]
Allowance for Credit Loss [Abstract]
Allowance for Credit Loss, Beginning Balance				1,121
Commercial Real Estate [Member] | Owner Occupied [Member]
Allowance for Credit Loss [Abstract]
Allowance for Credit Loss, Beginning Balance	4,066	3,956	4,096	4,341
Provision for credit losses on loans	36	333
Loan charge-offs	(66)	(683)
Loan recoveries	0	33
Allowance for Credit Loss, Ending Balance	4,066	3,956	4,096
Commercial Real Estate [Member] | Owner Occupied [Member] | Accounting Standards Update 2016-13 [Member]
Allowance for Credit Loss [Abstract]
Allowance for Credit Loss, Beginning Balance				(69)
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Allowance for Credit Loss [Abstract]
Allowance for Credit Loss, Beginning Balance	6,311	6,168	6,279	6,387
Provision for credit losses on loans	32	249
Loan charge-offs	0	0
Loan recoveries	0	0
Allowance for Credit Loss, Ending Balance	6,311	6,168	6,279
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Accounting Standards Update 2016-13 [Member]
Allowance for Credit Loss [Abstract]
Allowance for Credit Loss, Beginning Balance				(468)
Residential Real Estate [Member] | Construction/Builder & Developer [Member]
Allowance for Credit Loss [Abstract]
Allowance for Credit Loss, Beginning Balance	80	79	82	230
Provision for credit losses on loans	9	(6)
Loan charge-offs	(11)	0
Loan recoveries	0	0
Allowance for Credit Loss, Ending Balance	80	79	82
Residential Real Estate [Member] | Construction/Builder & Developer [Member] | Accounting Standards Update 2016-13 [Member]
Allowance for Credit Loss [Abstract]
Allowance for Credit Loss, Beginning Balance				(144)
Residential Real Estate [Member] | Revolving/Home Equity [Member]
Allowance for Credit Loss [Abstract]
Allowance for Credit Loss, Beginning Balance	355	641	475	417
Provision for credit losses on loans	(123)	58
Loan charge-offs	0	(27)
Loan recoveries	3	0
Allowance for Credit Loss, Ending Balance	355	641	475
Residential Real Estate [Member] | Revolving/Home Equity [Member] | Accounting Standards Update 2016-13 [Member]
Allowance for Credit Loss [Abstract]
Allowance for Credit Loss, Beginning Balance				192
Residential Real Estate [Member] | Multi Family [Member]
Allowance for Credit Loss [Abstract]
Allowance for Credit Loss, Beginning Balance	1,770	1,424	1,519	1,205
Provision for credit losses on loans	251	25
Loan charge-offs	0	0
Loan recoveries	0	0
Allowance for Credit Loss, Ending Balance	1,770	1,424	1,519
Residential Real Estate [Member] | Multi Family [Member] | Accounting Standards Update 2016-13 [Member]
Allowance for Credit Loss [Abstract]
Allowance for Credit Loss, Beginning Balance				194
Residential Real Estate [Member] | Other [Member]
Allowance for Credit Loss [Abstract]
Allowance for Credit Loss, Beginning Balance	2,391	1,859	1,986	1,511
Provision for credit losses on loans	403	167
Loan charge-offs	(62)	0
Loan recoveries	64	13
Allowance for Credit Loss, Ending Balance	2,391	1,859	1,986
Residential Real Estate [Member] | Other [Member] | Accounting Standards Update 2016-13 [Member]
Allowance for Credit Loss [Abstract]
Allowance for Credit Loss, Beginning Balance				169
Consumer Loan [Member]
Allowance for Credit Loss [Abstract]
Allowance for Credit Loss, Beginning Balance	118		157
Provision for credit losses on loans	(59)
Loan charge-offs	(9)
Loan recoveries	29
Allowance for Credit Loss, Ending Balance	$ 118		$ 157
Consumer Related Loans [Member]
Allowance for Credit Loss [Abstract]
Allowance for Credit Loss, Beginning Balance		181		33
Provision for credit losses on loans		(20)
Loan charge-offs		(4)
Loan recoveries		5
Allowance for Credit Loss, Ending Balance		$ 181
Consumer Related Loans [Member] | Accounting Standards Update 2016-13 [Member]
Allowance for Credit Loss [Abstract]
Allowance for Credit Loss, Beginning Balance				$ 167

Loans and Allowance for Credi_6

Loans and Allowance for Credit Losses (Summary of Non-Accrual Loans) (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
With a Related Allowance	$ 3,743	$ 2,063	$ 1,463
Without a Related Allowance	3,233	6,571	2,146
Related Allowance	1,868	1,781	556
Year to Date Interest Income	181	401	1,280
Commercial Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
With a Related Allowance	3,010	1,854	1,000
Without a Related Allowance	150	2,910	513
Related Allowance	1,753	1,629	500
Year to Date Interest Income	175	245	663
Commercial Real Estate [Member] | Construction/Builder & Developer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
With a Related Allowance	0	0	0
Without a Related Allowance	35	0	38
Related Allowance	0	0	0
Year to Date Interest Income	0	107	107
Commercial Real Estate [Member] | Owner Occupied [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
With a Related Allowance	733	0	463
Without a Related Allowance	613	2,241	0
Related Allowance	115	0	56
Year to Date Interest Income	0	42	401
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
With a Related Allowance	0	0	0
Without a Related Allowance	155	0	205
Related Allowance	0	0	0
Year to Date Interest Income	4	0	0
Residential Real Estate [Member] | Construction/Builder & Developer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
With a Related Allowance	0	0	0
Without a Related Allowance	264	282	0
Related Allowance	0	0	0
Year to Date Interest Income	0	0	36
Residential Real Estate [Member] | Revolving/Home Equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
With a Related Allowance	0	209	0
Without a Related Allowance	474	428	439
Related Allowance	0	152	0
Year to Date Interest Income	2	7	35
Residential Real Estate [Member] | Multi Family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
With a Related Allowance	0	0	0
Without a Related Allowance	0	0	0
Related Allowance	0	0	0
Year to Date Interest Income	0	0	0
Residential Real Estate [Member] | Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
With a Related Allowance	0	0	0
Without a Related Allowance	1,542	710	951
Related Allowance	0	0	0
Year to Date Interest Income	0	0	38
Consumer Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
With a Related Allowance	0	0	0
Without a Related Allowance	0	0	0
Related Allowance	0	0	0
Year to Date Interest Income	$ 0	$ 0	$ 0

Loans and Allowance for Credi_7

Loans and Allowance for Credit Losses (Summary of Loan Risk Ratings by Loan Class) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Financing Receivable, Recorded Investment [Line Items]
2024	$ 52,862
2023	257,075	$ 253,637
2022	413,664	417,261
2021	302,395	306,882
2020	163,338	168,794
2019		104,764
Prior	386,661	295,896
Revolving Amortized Basis	163,274	158,374
Revolving converted Loans Cost Basis	0	0
Total	1,739,269	1,705,608
Gross write-offs:
2024	0
2023	(17)	0
2022	(74)	(32)
2021	0	(11)
2020	0	(17)
2019		0
Prior	(11)	(1,700)
Revolving Amortized Basis	(102)	(495)
Revolving converted Loans Cost Basis	0	0
Total	(204)	(2,255)
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	52,791
2023	254,218	253,214
2022	407,894	412,404
2021	296,697	301,436
2020	149,311	152,010
2019		103,924
Prior	367,612	276,842
Revolving Amortized Basis	156,004	150,810
Revolving converted Loans Cost Basis	0	0
Total	1,684,527	1,650,640
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	2,619	139
2022	3,318	3,291
2021	225	0
2020	9,970	9,991
2019		530
Prior	4,594	6,439
Revolving Amortized Basis	633	2,613
Revolving converted Loans Cost Basis	0	0
Total	21,359	23,003
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	238	284
2022	1,693	1,510
2021	4,916	4,988
2020	3,278	6,743
2019		0
Prior	11,959	10,433
Revolving Amortized Basis	4,323	4,398
Revolving converted Loans Cost Basis	0	0
Total	26,407	28,356
Nonaccrual [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	71
2023	0	0
2022	759	56
2021	557	458
2020	779	50
2019		310
Prior	2,496	2,182
Revolving Amortized Basis	2,314	553
Revolving converted Loans Cost Basis	0	0
Total	6,976	3,609
Commercial Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	15,381
2023	20,063	19,895
2022	40,194	40,297
2021	13,882	17,334
2020	3,737	4,193
2019		11,322
Prior	21,064	11,154
Revolving Amortized Basis	55,998	49,994
Revolving converted Loans Cost Basis	0	0
Total	170,319	154,189
Gross write-offs:
2024	0
2023	(8)	0
2022	(12)	(26)
2021	0	(11)
2020	0	(15)
2019		0
Prior	0	(1,009)
Revolving Amortized Basis	(36)	(387)
Revolving converted Loans Cost Basis	0	0
Total	(56)	(1,448)
Commercial Loans [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	15,381
2023	18,394	19,859
2022	39,744	40,037
2021	11,115	14,742
2020	3,737	4,183
2019		10,482
Prior	18,563	8,928
Revolving Amortized Basis	50,399	44,105
Revolving converted Loans Cost Basis	0	0
Total	157,333	142,336
Commercial Loans [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	1,669	0
2022	59	12
2021	145	0
2020	0	0
2019		530
Prior	502	128
Revolving Amortized Basis	591	2,071
Revolving converted Loans Cost Basis	0	0
Total	2,966	2,741
Commercial Loans [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	0	36
2022	391	227
2021	2,364	2,559
2020	0	10
2019		0
Prior	959	1,098
Revolving Amortized Basis	3,146	3,669
Revolving converted Loans Cost Basis	0	0
Total	6,860	7,599
Commercial Loans [Member] | Nonaccrual [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	0	0
2022	0	21
2021	258	33
2020	0	0
2019		310
Prior	1,040	1,000
Revolving Amortized Basis	1,862	149
Revolving converted Loans Cost Basis	0	0
Total	3,160	1,513
Commercial Real Estate [Member] | Construction/Builder & Developer [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	9,449
2023	57,045	53,320
2022	59,236	68,399
2021	20,535	19,825
2020	12,387	15,892
2019		7,743
Prior	15,748	8,198
Revolving Amortized Basis	6,707	5,379
Revolving converted Loans Cost Basis	0	0
Total	181,107	178,756
Gross write-offs:
2024	0
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019		0
Prior	0	0
Revolving Amortized Basis	0	0
Revolving converted Loans Cost Basis	0	0
Total	0	0
Commercial Real Estate [Member] | Construction/Builder & Developer [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	9,449
2023	57,045	53,320
2022	55,381	63,945
2021	20,535	19,825
2020	11,720	11,790
2019		7,743
Prior	15,713	8,160
Revolving Amortized Basis	6,707	4,879
Revolving converted Loans Cost Basis	0	0
Total	176,550	169,662
Commercial Real Estate [Member] | Construction/Builder & Developer [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	0	0
2022	3,259	3,279
2021	0	0
2020	0	0
2019		0
Prior	0	0
Revolving Amortized Basis	0	500
Revolving converted Loans Cost Basis	0	0
Total	3,259	3,779
Commercial Real Estate [Member] | Construction/Builder & Developer [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	0	0
2022	596	1,175
2021	0	0
2020	667	4,102
2019		0
Prior	0	0
Revolving Amortized Basis	0	0
Revolving converted Loans Cost Basis	0	0
Total	1,263	5,277
Commercial Real Estate [Member] | Construction/Builder & Developer [Member] | Nonaccrual [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019		0
Prior	35	38
Revolving Amortized Basis	0	0
Revolving converted Loans Cost Basis	0	0
Total	35	38
Commercial Real Estate [Member] | Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	2,029
2023	42,320	40,986
2022	59,203	59,363
2021	77,150	78,108
2020	26,468	26,886
2019		30,913
Prior	127,683	102,208
Revolving Amortized Basis	18,280	16,772
Revolving converted Loans Cost Basis	0	0
Total	353,133	355,236
Gross write-offs:
2024	0
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019		0
Prior	0	(682)
Revolving Amortized Basis	(66)	0
Revolving converted Loans Cost Basis	0	0
Total	(66)	(682)
Commercial Real Estate [Member] | Owner Occupied [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	2,029
2023	41,133	40,600
2022	58,604	59,363
2021	75,779	76,868
2020	23,207	24,384
2019		30,913
Prior	117,929	92,524
Revolving Amortized Basis	17,318	16,343
Revolving converted Loans Cost Basis	0	0
Total	335,999	340,995
Commercial Real Estate [Member] | Owner Occupied [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	950	139
2022	0	0
2021	0	0
2020	0	0
2019		0
Prior	3,187	3,510
Revolving Amortized Basis	0	0
Revolving converted Loans Cost Basis	0	0
Total	4,137	3,649
Commercial Real Estate [Member] | Owner Occupied [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	237	247
2022	599	0
2021	1,371	1,240
2020	2,482	2,502
2019		0
Prior	6,083	5,711
Revolving Amortized Basis	879	429
Revolving converted Loans Cost Basis	0	0
Total	11,651	10,129
Commercial Real Estate [Member] | Owner Occupied [Member] | Nonaccrual [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	0	0
2022	0	0
2021	0	0
2020	779	0
2019		0
Prior	484	463
Revolving Amortized Basis	83	0
Revolving converted Loans Cost Basis	0	0
Total	1,346	463
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	12,532
2023	36,981	38,259
2022	135,945	124,825
2021	111,842	112,553
2020	62,761	63,106
2019		11,406
Prior	110,904	103,166
Revolving Amortized Basis	1,595	1,856
Revolving converted Loans Cost Basis	0	0
Total	472,560	455,171
Gross write-offs:
2024	0
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019		0
Prior	0	0
Revolving Amortized Basis	0	0
Revolving converted Loans Cost Basis	0	0
Total	0	0
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	12,532
2023	36,981	38,259
2022	135,945	124,825
2021	110,661	111,364
2020	52,840	53,115
2019		11,406
Prior	109,877	102,011
Revolving Amortized Basis	1,595	1,856
Revolving converted Loans Cost Basis	0	0
Total	460,431	442,836
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	0	0
2022	0	0
2021	0	0
2020	9,921	9,941
2019		0
Prior	0	85
Revolving Amortized Basis	0	0
Revolving converted Loans Cost Basis	0	0
Total	9,921	10,026
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	0	0
2022	0	0
2021	1,181	1,189
2020	0	0
2019		0
Prior	872	915
Revolving Amortized Basis	0	0
Revolving converted Loans Cost Basis	0	0
Total	2,053	2,104
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Nonaccrual [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	0	0
2022	0	0
2021	0	0
2020	0	50
2019		0
Prior	155	155
Revolving Amortized Basis	0	0
Revolving converted Loans Cost Basis	0	0
Total	155	205
Commercial Real Estate [Member] | Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	472,560
Residential Real Estate [Member] | Construction/Builder & Developer [Member]
Financing Receivable, Recorded Investment [Line Items]
2023		14,200
2022		7,554
2021		1,199
2020		965
2019		1,294
Prior		537
Revolving Amortized Basis		1,634
Revolving converted Loans Cost Basis		0
Total	28,239	27,383
Gross write-offs:
2023		0
2022		0
2021		0
2020		0
2019		0
Prior		0
Revolving Amortized Basis		0
Revolving converted Loans Cost Basis		0
Total		0
Residential Real Estate [Member] | Construction/Builder & Developer [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2023		14,200
2022		7,554
2021		1,199
2020		965
2019		1,294
Prior		537
Revolving Amortized Basis		1,634
Revolving converted Loans Cost Basis		0
Total		27,383
Residential Real Estate [Member] | Construction/Builder & Developer [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
2023		0
2022		0
2021		0
2020		0
2019		0
Prior		0
Revolving Amortized Basis		0
Revolving converted Loans Cost Basis		0
Total		0
Residential Real Estate [Member] | Construction/Builder & Developer [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
2023		0
2022		0
2021		0
2020		0
2019		0
Prior		0
Revolving Amortized Basis		0
Revolving converted Loans Cost Basis		0
Total		0
Residential Real Estate [Member] | Construction/Builder & Developer [Member] | Nonaccrual [Member]
Financing Receivable, Recorded Investment [Line Items]
2023		0
2022		0
2021		0
2020		0
2019		0
Prior		0
Revolving Amortized Basis		0
Revolving converted Loans Cost Basis		0
Total		0
Residential Real Estate [Member] | Residential Mortgages [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	1,257
2023	15,641
2022	5,493
2021	1,216
2020	958
Prior	1,792
Revolving Amortized Basis	1,882
Revolving converted Loans Cost Basis	0
Total	28,239
Gross write-offs:
2024	0
2023	0
2022	0
2021	0
2020	0
Prior	(11)
Revolving Amortized Basis	0
Revolving converted Loans Cost Basis	0
Total	(11)
Residential Real Estate [Member] | Residential Mortgages [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	1,257
2023	15,641
2022	5,493
2021	1,216
2020	958
Prior	1,528
Revolving Amortized Basis	1,882
Revolving converted Loans Cost Basis	0
Total	27,975
Residential Real Estate [Member] | Residential Mortgages [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	0
2022	0
2021	0
2020	0
Prior	0
Revolving Amortized Basis	0
Revolving converted Loans Cost Basis	0
Total	0
Residential Real Estate [Member] | Residential Mortgages [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	0
2022	0
2021	0
2020	0
Prior	0
Revolving Amortized Basis	0
Revolving converted Loans Cost Basis	0
Total	0
Residential Real Estate [Member] | Residential Mortgages [Member] | Nonaccrual [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	0
2022	0
2021	0
2020	0
Prior	264
Revolving Amortized Basis	0
Revolving converted Loans Cost Basis	0
Total	264
Residential Real Estate [Member] | Revolving/Home Equity [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	892
2023	10,405	10,935
2022	15,170	16,210
2021	990	1,042
2020	304	319
2019		605
Prior	2,380	1,975
Revolving Amortized Basis	73,473	76,882
Revolving converted Loans Cost Basis	0	0
Total	103,614	107,968
Gross write-offs:
2024	0
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019		0
Prior	0	(8)
Revolving Amortized Basis	0	(55)
Revolving converted Loans Cost Basis	0	0
Total	0	(63)
Residential Real Estate [Member] | Revolving/Home Equity [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	821
2023	10,405	10,935
2022	15,136	16,175
2021	990	1,042
2020	304	319
2019		605
Prior	2,380	1,975
Revolving Amortized Basis	72,806	76,178
Revolving converted Loans Cost Basis	0	0
Total	102,842	107,229
Residential Real Estate [Member] | Revolving/Home Equity [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019		0
Prior	0	0
Revolving Amortized Basis	0	0
Revolving converted Loans Cost Basis	0	0
Total	0	0
Residential Real Estate [Member] | Revolving/Home Equity [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019		0
Prior	0	0
Revolving Amortized Basis	298	300
Revolving converted Loans Cost Basis	0	0
Total	298	300
Residential Real Estate [Member] | Revolving/Home Equity [Member] | Nonaccrual [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	71
2023	0	0
2022	34	35
2021	0	0
2020	0	0
2019		0
Prior	0	0
Revolving Amortized Basis	369	404
Revolving converted Loans Cost Basis	0	0
Total	474	439
Residential Real Estate [Member] | Multi Family [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	5,989	6,300
2022	34,265	34,966
2021	33,091	32,692
2020	19,344	19,487
2019		23,751
Prior	35,240	12,447
Revolving Amortized Basis	989	1,023
Revolving converted Loans Cost Basis	0	0
Total	128,918	130,666
Gross write-offs:
2024	0
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019		0
Prior	0	0
Revolving Amortized Basis	0	0
Revolving converted Loans Cost Basis	0	0
Total	0	0
Residential Real Estate [Member] | Multi Family [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	5,989	6,300
2022	34,265	34,966
2021	33,091	32,692
2020	19,344	19,487
2019		23,751
Prior	31,536	8,238
Revolving Amortized Basis	989	1,023
Revolving converted Loans Cost Basis	0	0
Total	125,214	126,457
Residential Real Estate [Member] | Multi Family [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019		0
Prior	0	1,800
Revolving Amortized Basis	0	0
Revolving converted Loans Cost Basis	0	0
Total	0	1,800
Residential Real Estate [Member] | Multi Family [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019		0
Prior	3,704	2,409
Revolving Amortized Basis	0	0
Revolving converted Loans Cost Basis	0	0
Total	3,704	2,409
Residential Real Estate [Member] | Multi Family [Member] | Nonaccrual [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019		0
Prior	0	0
Revolving Amortized Basis	0	0
Revolving converted Loans Cost Basis	0	0
Total	0	0
Residential Real Estate [Member] | Other [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	10,960
2023	64,990	65,759
2022	61,225	62,359
2021	42,472	42,608
2020	37,240	37,786
2019		17,649
Prior	71,515	55,952
Revolving Amortized Basis	778	1,274
Revolving converted Loans Cost Basis	0	0
Total	289,180	283,387
Gross write-offs:
2024	0
2023	0	0
2022	(62)	0
2021	0	0
2020	0	0
2019		0
Prior	0	0
Revolving Amortized Basis	0	0
Revolving converted Loans Cost Basis	0	0
Total	(62)	0
Residential Real Estate [Member] | Other [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	10,960
2023	64,990	65,759
2022	60,399	62,257
2021	42,093	42,183
2020	37,062	37,607
2019		17,649
Prior	69,751	54,210
Revolving Amortized Basis	736	1,232
Revolving converted Loans Cost Basis	0	0
Total	285,991	280,897
Residential Real Estate [Member] | Other [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	0	0
2022	0	0
2021	80	0
2020	49	50
2019		0
Prior	905	916
Revolving Amortized Basis	42	42
Revolving converted Loans Cost Basis	0	0
Total	1,076	1,008
Residential Real Estate [Member] | Other [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	0	0
2022	101	102
2021	0	0
2020	129	129
2019		0
Prior	341	300
Revolving Amortized Basis	0	0
Revolving converted Loans Cost Basis	0	0
Total	571	531
Residential Real Estate [Member] | Other [Member] | Nonaccrual [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	0	0
2022	725	0
2021	299	425
2020	0	0
2019		0
Prior	518	526
Revolving Amortized Basis	0	0
Revolving converted Loans Cost Basis	0	0
Total	1,542	951
Consumer Loan [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	362
2023	3,641	3,983
2022	2,933	3,288
2021	1,217	1,521
2020	139	160
2019		81
Prior	335	259
Revolving Amortized Basis	3,572	3,560
Revolving converted Loans Cost Basis	0	0
Total	12,199	12,852
Gross write-offs:
2024	0
2023	(9)	0
2022	0	(6)
2021	0	0
2020	0	(2)
2019		0
Prior	0	(1)
Revolving Amortized Basis	0	(53)
Revolving converted Loans Cost Basis	0	0
Total	(9)	(62)
Consumer Loan [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	362
2023	3,640	3,982
2022	2,927	3,282
2021	1,217	1,521
2020	139	160
2019		81
Prior	335	259
Revolving Amortized Basis	3,572	3,560
Revolving converted Loans Cost Basis	0	0
Total	12,192	12,845
Consumer Loan [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019		0
Prior	0	0
Revolving Amortized Basis	0	0
Revolving converted Loans Cost Basis	0	0
Total	0	0
Consumer Loan [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	1	1
2022	6	6
2021	0	0
2020	0	0
2019		0
Prior	0	0
Revolving Amortized Basis	0	0
Revolving converted Loans Cost Basis	0	0
Total	7	7
Consumer Loan [Member] | Nonaccrual [Member]
Financing Receivable, Recorded Investment [Line Items]
2024	0
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019		0
Prior	0	0
Revolving Amortized Basis	0	0
Revolving converted Loans Cost Basis	0	0
Total	$ 0	0
Consumer Loan [Member] | Revolving/Home Equity [Member]
Financing Receivable, Recorded Investment [Line Items]
Total		107,968
Consumer Loan [Member] | Multi Family [Member]
Financing Receivable, Recorded Investment [Line Items]
Total		130,666
Consumer Loan [Member] | Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Total		$ 283,387

Loans and Allowance for Credi_8

Loans and Allowance for Credit Losses (Summary of Past Due Loans, Nonaccrual Loans and Current Loans by Loan Segment and Class) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	$ 1,739,269	$ 1,705,608
Nonaccrual	6,976	3,609
Total Past Due and Nonaccrual	10,506	5,880
30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	3,512	2,233
60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	18	38
Greater Than Or Equal To 90 Days Past Due And Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	0	0
Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	1,728,763	1,699,728
Commercial Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	170,319	154,189
Nonaccrual	3,160	1,513
Total Past Due and Nonaccrual	3,160	1,832
Commercial Loans [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	0	307
Commercial Loans [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	0	12
Commercial Loans [Member] | Greater Than Or Equal To 90 Days Past Due And Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	0	0
Commercial Loans [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	167,159	152,357
Commercial Real Estate [Member] | Construction/Builder & Developer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	181,107	178,756
Nonaccrual	35	38
Total Past Due and Nonaccrual	35	38
Commercial Real Estate [Member] | Construction/Builder & Developer [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	0	0
Commercial Real Estate [Member] | Construction/Builder & Developer [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	0	0
Commercial Real Estate [Member] | Construction/Builder & Developer [Member] | Greater Than Or Equal To 90 Days Past Due And Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	0	0
Commercial Real Estate [Member] | Construction/Builder & Developer [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	181,072	178,718
Commercial Real Estate [Member] | Owner Occupied [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	353,133	355,236
Nonaccrual	1,346	463
Total Past Due and Nonaccrual	2,695	811
Commercial Real Estate [Member] | Owner Occupied [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	1,349	348
Commercial Real Estate [Member] | Owner Occupied [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	0	0
Commercial Real Estate [Member] | Owner Occupied [Member] | Greater Than Or Equal To 90 Days Past Due And Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	0	0
Commercial Real Estate [Member] | Owner Occupied [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	350,438	354,425
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	472,560	455,171
Nonaccrual		205
Total Past Due and Nonaccrual		551
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans		346
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans		0
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Greater Than Or Equal To 90 Days Past Due And Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans		0
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans		454,620
Commercial Real Estate [Member] | Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	472,560
Nonaccrual	155
Total Past Due and Nonaccrual	155
Commercial Real Estate [Member] | Other [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	0
Commercial Real Estate [Member] | Other [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	0
Commercial Real Estate [Member] | Other [Member] | Greater Than Or Equal To 90 Days Past Due And Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	0
Commercial Real Estate [Member] | Other [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	472,405
Residential Real Estate [Member] | Construction/Builder & Developer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	28,239	27,383
Nonaccrual	264	0
Total Past Due and Nonaccrual	595	0
Residential Real Estate [Member] | Construction/Builder & Developer [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	331	0
Residential Real Estate [Member] | Construction/Builder & Developer [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	0	0
Residential Real Estate [Member] | Construction/Builder & Developer [Member] | Greater Than Or Equal To 90 Days Past Due And Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	0	0
Residential Real Estate [Member] | Construction/Builder & Developer [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	27,644	27,383
Residential Real Estate [Member] | Residential Mortgages [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	28,239
Residential Real Estate [Member] | Revolving/Home Equity [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	103,614	107,968
Nonaccrual	474
Total Past Due and Nonaccrual	640
Residential Real Estate [Member] | Revolving/Home Equity [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	151
Residential Real Estate [Member] | Revolving/Home Equity [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	15
Residential Real Estate [Member] | Revolving/Home Equity [Member] | Greater Than Or Equal To 90 Days Past Due And Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	0
Residential Real Estate [Member] | Revolving/Home Equity [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	102,974
Residential Real Estate [Member] | Multi Family [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	128,918	130,666
Nonaccrual	0
Total Past Due and Nonaccrual	0
Residential Real Estate [Member] | Multi Family [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	0
Residential Real Estate [Member] | Multi Family [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	0
Residential Real Estate [Member] | Multi Family [Member] | Greater Than Or Equal To 90 Days Past Due And Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	0
Residential Real Estate [Member] | Multi Family [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	128,918
Residential Real Estate [Member] | Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	289,180	283,387
Nonaccrual	1,542
Total Past Due and Nonaccrual	3,223
Residential Real Estate [Member] | Other [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	1,681
Residential Real Estate [Member] | Other [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	0
Residential Real Estate [Member] | Other [Member] | Greater Than Or Equal To 90 Days Past Due And Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	0
Residential Real Estate [Member] | Other [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	285,957
Consumer Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	12,199	12,852
Nonaccrual	0	0
Total Past Due and Nonaccrual	3	17
Consumer Loan [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	0	17
Consumer Loan [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	3	0
Consumer Loan [Member] | Greater Than Or Equal To 90 Days Past Due And Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	0	0
Consumer Loan [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	$ 12,196	12,835
Consumer Loan [Member] | Revolving/Home Equity [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans		107,968
Nonaccrual		439
Total Past Due and Nonaccrual		769
Consumer Loan [Member] | Revolving/Home Equity [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans		304
Consumer Loan [Member] | Revolving/Home Equity [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans		26
Consumer Loan [Member] | Revolving/Home Equity [Member] | Greater Than Or Equal To 90 Days Past Due And Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans		0
Consumer Loan [Member] | Revolving/Home Equity [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans		107,199
Consumer Loan [Member] | Multi Family [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans		130,666
Nonaccrual		0
Total Past Due and Nonaccrual		0
Consumer Loan [Member] | Multi Family [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans		0
Consumer Loan [Member] | Multi Family [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans		0
Consumer Loan [Member] | Multi Family [Member] | Greater Than Or Equal To 90 Days Past Due And Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans		0
Consumer Loan [Member] | Multi Family [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans		130,666
Consumer Loan [Member] | Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans		283,387
Nonaccrual		951
Total Past Due and Nonaccrual		1,862
Consumer Loan [Member] | Other [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans		911
Consumer Loan [Member] | Other [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans		0
Consumer Loan [Member] | Other [Member] | Greater Than Or Equal To 90 Days Past Due And Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans		0
Consumer Loan [Member] | Other [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans		$ 281,525

Loans and Allowance for Credi_9

Loans and Allowance for Credit Losses (Summary of Amortized Cost and Percent of Loans) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Financing Receivable, Modifications [Line Items]
Amortized cost of financing receivable modified during period, percent	0.38%	0.41%
Payment Delay and Term Extension [Member]
Financing Receivable, Modifications [Line Items]
Amortized cost of financing receivable modified during period	$ 0	$ 2,145
Term Extension [Member]
Financing Receivable, Modifications [Line Items]
Amortized cost of financing receivable modified during period	6,542	4,547
Payment Delay [Member]
Financing Receivable, Modifications [Line Items]
Amortized cost of financing receivable modified during period	$ 150	$ 0
Commercial Loans [Member]
Financing Receivable, Modifications [Line Items]
Amortized cost of financing receivable modified during period, percent	0.09%	2.57%
Commercial Loans [Member] | Payment Delay and Term Extension [Member]
Financing Receivable, Modifications [Line Items]
Amortized cost of financing receivable modified during period	$ 0	$ 2,145
Commercial Loans [Member] | Term Extension [Member]
Financing Receivable, Modifications [Line Items]
Amortized cost of financing receivable modified during period	0	2,586
Commercial Loans [Member] | Payment Delay [Member]
Financing Receivable, Modifications [Line Items]
Amortized cost of financing receivable modified during period	$ 150	$ 0
Commercial Real Estate [Member] | Construction/Builder & Developer [Member]
Financing Receivable, Modifications [Line Items]
Amortized cost of financing receivable modified during period, percent	3.61%
Commercial Real Estate [Member] | Construction/Builder & Developer [Member] | Payment Delay and Term Extension [Member]
Financing Receivable, Modifications [Line Items]
Amortized cost of financing receivable modified during period	$ 0
Commercial Real Estate [Member] | Construction/Builder & Developer [Member] | Term Extension [Member]
Financing Receivable, Modifications [Line Items]
Amortized cost of financing receivable modified during period	6,542
Commercial Real Estate [Member] | Construction/Builder & Developer [Member] | Payment Delay [Member]
Financing Receivable, Modifications [Line Items]
Amortized cost of financing receivable modified during period	$ 0
Commercial Real Estate [Member] | Owner Occupied [Member]
Financing Receivable, Modifications [Line Items]
Amortized cost of financing receivable modified during period, percent		0.58%
Commercial Real Estate [Member] | Owner Occupied [Member] | Payment Delay and Term Extension [Member]
Financing Receivable, Modifications [Line Items]
Amortized cost of financing receivable modified during period		$ 0
Commercial Real Estate [Member] | Owner Occupied [Member] | Term Extension [Member]
Financing Receivable, Modifications [Line Items]
Amortized cost of financing receivable modified during period		1,961
Commercial Real Estate [Member] | Owner Occupied [Member] | Payment Delay [Member]
Financing Receivable, Modifications [Line Items]
Amortized cost of financing receivable modified during period		$ 0

Loans and Allowance for Cred_10

Loans and Allowance for Credit Losses (Summary of Financial Effect of Loan Modification) (Details)	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Commercial Real Estate [Member] | Owner Occupied [Member] | Minimum [Member]
Financing Receivable, Modifications [Line Items]
Weighted-Average Interest Rate Reduction		0%
Term Extension [Member] | Commercial Loans [Member]
Financing Receivable, Modifications [Line Items]
Weighted-Average Term Extension	0 months	7 months
Term Extension [Member] | Commercial Real Estate [Member] | Construction/Builder & Developer [Member]
Financing Receivable, Modifications [Line Items]
Weighted-Average Term Extension	12 months
Term Extension [Member] | Commercial Real Estate [Member] | Owner Occupied [Member]
Financing Receivable, Modifications [Line Items]
Weighted-Average Term Extension		4 months
Payment Delay and Term Extension [Member] | Commercial Loans [Member]
Financing Receivable, Modifications [Line Items]
Weighted-Average Interest Rate Reduction	0%
Payment Delay and Term Extension [Member] | Commercial Real Estate [Member] | Construction/Builder & Developer [Member]
Financing Receivable, Modifications [Line Items]
Weighted-Average Interest Rate Reduction	0%
Interest Rate Reduction [Member] | Commercial Loans [Member]
Financing Receivable, Modifications [Line Items]
Weighted-Average Interest Rate Reduction	0%	3.15%
Interest Rate Reduction [Member] | Commercial Real Estate [Member] | Construction/Builder & Developer [Member]
Financing Receivable, Modifications [Line Items]
Weighted-Average Interest Rate Reduction	0%
Interest Rate Reduction [Member] | Commercial Real Estate [Member] | Owner Occupied [Member]
Financing Receivable, Modifications [Line Items]
Weighted-Average Interest Rate Reduction		0%
Payment Delay [Member] | Commercial Loans [Member]
Financing Receivable, Modifications [Line Items]
Weighted-Average Term Extension	2 months	0 months
Payment Delay [Member] | Commercial Real Estate [Member] | Construction/Builder & Developer [Member]
Financing Receivable, Modifications [Line Items]
Weighted-Average Term Extension	0 months
Payment Delay [Member] | Commercial Real Estate [Member] | Owner Occupied [Member]
Financing Receivable, Modifications [Line Items]
Weighted-Average Term Extension		0 months

Deposits (Narrative) (Details)

Deposits (Narrative) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Deposits [Abstract]
Demand deposit overdrafts reclassified as loans	$ 128	$ 163
Deposit	$ 1,915,063	$ 1,873,342

Deposits (Schedule of Compositi

Deposits (Schedule of Composition of Deposits) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Deposits [Abstract]
Noninterest bearing demand	$ 365,358	$ 379,288
Interest bearing demand	266,572	266,747
Money market	660,756	644,235
Savings	130,679	131,077
Time deposits less than $100	249,758	233,666
Time deposits $100 to $250	159,824	147,622
Time deposits $250 or more	82,116	70,707
Total deposits	$ 1,915,063	$ 1,873,342

Short-Term Borrowings and Lon_3

Short-Term Borrowings and Long-Term Debt (Narrative) (Details) - USD ($)	1 Months Ended			3 Months Ended
	Dec. 31, 2020	Jun. 30, 2006	Nov. 30, 2004	Mar. 31, 2024	Dec. 31, 2023
Securities sold under agreements to repurchase				$ 4,272,000	$ 10,799,000
Other short-term borrowings				$ 26,042,000	$ 45,742,000
CVB Statutory Trust No. 2 [Member]
Pooled trust preferred debt issuance		$ 7,217,000
CVB Statutory Trust No. 1 [Member]
Pooled trust preferred debt issuance			$ 3,093,000
Federal Home Loan Bank [Member]
Debt instrument variable interest rate				5.67%	5.68%
Subordinated Notes [Member]
Debt instrument face amount	$ 31,000,000			$ 31,000,000	$ 31,000,000
Debt instrument redemption integral multiples amount	$ 10,000
Debt instrument redemption start date				Dec. 09, 2025
Debt instrument redemption percentage prior to maturity date	100%
Debt instrument maturity date				Dec. 09, 2030
Debt instrument fixed interest rate	4.50%
Subordinated Notes [Member] | SOFR (Secured Overnight Financing Rate) [Member]
Debt instrument basis spread	4.04%

Short-Term Borrowings and Lon_4

Short-Term Borrowings and Long-Term Debt (Summary of Long-Term Debt) (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended
	Dec. 31, 2020	Mar. 31, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Total long-term debt		$ 42,378	$ 42,365
Finance lease liabilities		1,203	1,210
Junior Subordinated Debt [Member]
Debt Instrument [Line Items]
Total long-term debt		11,513	11,520
Subordinated Notes [Member]
Debt Instrument [Line Items]
Fixed interest rate	4.50%
SOFR (Secured Overnight Financing Rate) [Member] | Subordinated Notes [Member]
Debt Instrument [Line Items]
Debt instrument basis spread	4.04%
Due 2034, 7.67% [Member] | Junior Subordinated Debt [Member]
Debt Instrument [Line Items]
Total long-term debt		$ 3,093	3,093
Variable interest rate		7.61%
Debt instrument basis spread		2.02%
Long-term debt year due		2034
Due 2036, 7.20% [Member] | Junior Subordinated Debt [Member]
Debt Instrument [Line Items]
Total long-term debt		$ 7,217	7,217
Variable interest rate		7.12%
Debt instrument basis spread		1.54%
Long-term debt year due		2036
Due 2030, 4.50% [Member] | Subordinated Notes [Member]
Debt Instrument [Line Items]
Total long-term debt		$ 30,865	$ 30,845
Fixed interest rate		4.50%
Long-term debt year due		2030

Leases (Narrative) (Details)

Leases (Narrative) (Details)	3 Months Ended
	Mar. 31, 2024 contract property
Number of finance leases | contract	1
Number of financial centers under finance leases | property	1
Operating Lease [Member] | Minimum [Member]
Lessee operating leases remaining lease terms	1 year
Operating Lease [Member] | Maximum [Member]
Lessee operating leases remaining lease terms	25 years

Leases (Components of Lease Exp

Leases (Components of Lease Expense) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Leases [Abstract]
Operating lease cost	$ 174	$ 174
Finance lease cost:
Amortization of right-of-use assets	12	12
Interest on lease liability	11	11
Total finance lease cost	23	23
Total lease cost	$ 197	$ 197

Leases (Supplemental Cash Flow

Leases (Supplemental Cash Flow Information Related to Leases) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Leases [Abstract]
Operating cash flows from operating leases	$ 179	$ 179
Operating cash flows from financing leases	11	11
Financing cash flows from financing leases	8	8
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	0	0
Finance leases	$ 0	$ 0

Leases (Supplemental Balance Sh

Leases (Supplemental Balance Sheet Information Related to Leases) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets:
Operating leases right-of-use assets	$ 2,591	$ 2,746
Finance leases assets	935	947
Total lease assets	3,526	3,693
Liabilities:
Operating	2,687	2,848
Financing	1,203	1,210
Total lease liabilities	$ 3,890	$ 4,058
Weighted Average Remaining Lease Term (years)
Operating leases	6 years 2 months 12 days	6 years 3 months 18 days
Finance leases	19 years 10 months 24 days	20 years 2 months 12 days
Weighted Average Discount Rate
Operating leases	2.37%	2.38%
Finance leases	3.69%	3.69%

Leases (Future Minimum Payments

Leases (Future Minimum Payments for Financing Leases and Operating Leases) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Operating Leases
2024	$ 522
2025	494	$ 699
2026	389	494
2027	380	389
2028	351	380
2028		351
Thereafter	737	737
Total lease payments	2,873	3,050
Less imputed interest	(186)	(202)
Total	2,687	2,848
Finance Leases
2024	56
2025	79	75
2026	80	79
2027	80	80
2028	80	80
2028		80
Thereafter	1,349	1,348
Total lease payments	1,724	1,742
Less imputed interest	(521)	(532)
Total	$ 1,203	$ 1,210

Regulatory Matters (Narrative)

Regulatory Matters (Narrative) (Details)	3 Months Ended
	Mar. 31, 2024
Regulatory Matters [Abstract]
Loans and advances by PeoplesBank to affiliates threshold	10%

Regulatory Matters (Schedule of

Regulatory Matters (Schedule of Risk-Based Capital Ratios and Leverage Ratios) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
Common equity Tier 1, Actual, Amount	$ 231,381	$ 228,163
Common equity Tier 1, Minimum for Capital Adequacy, Amount	$ 126,071	$ 124,875
Common equity Tier 1, Actual, Ratio	0.1285	0.1279
Common equity Tier 1, Minimum for Capital Adequacy, Ratio	0.0700	0.0700
Tier 1 risk based, Actual, Amount	$ 241,381	$ 238,163
Tier 1 risk based, Minimum for Capital Adequacy, Amount	$ 153,086	$ 151,634
Tier 1 risk based, Actual, Ratio	0.1340	0.1335
Tier 1 risk based, Minimum for Capital Adequacy, Ratio	0.0850	0.0850
Total risk based, Actual, Amount	$ 294,201	$ 289,514
Total risk based, Minimum for Capital Adequacy, Amount	$ 189,106	$ 187,312
Total risk based, Actual, Ratio	0.1634	0.1623
Total risk based, Minimum for Capital Adequacy, Ratio	0.1050	0.1050
Leverage, Actual, Amount	$ 241,381	$ 238,163
Leverage, Minimum for Capital Adequacy, Amount	$ 89,386	$ 88,627
Leverage, Actual, Ratio	0.1080	0.1075
Leverage, Minimum for Capital Adequacy, Ratio	0.0400	0.0400
Regulatory capital requirement, consolidated assets, benchmark	$ 3,000,000
Capital conservation buffer percent	2.50%
PeoplesBank, A Codorus Valley Company [Member]
Common equity Tier 1, Actual, Amount	$ 267,241	$ 264,967
Common equity Tier 1, Minimum for Capital Adequacy, Amount	125,860	124,606
Common equity Tier 1, Well Capitalized Minimum, Amount	$ 116,870	$ 115,705
Common equity Tier 1, Actual, Ratio	0.1486	0.1489
Common equity Tier 1, Minimum for Capital Adequacy, Ratio	0.0700	0.0700
Common equity Tier 1, Well Capitalized Minimum, Ratio	0.0650	0.0650
Tier 1 risk based, Actual, Amount	$ 267,241	$ 264,967
Tier 1 risk based, Minimum for Capital Adequacy, Amount	152,829	151,307
Tier 1 risk based, Well Capitalized Minimum, Amount	$ 143,839	$ 142,407
Tier 1 risk based, Actual, Ratio	0.1486	0.1489
Tier 1 risk based, Minimum for Capital Adequacy, Ratio	0.0850	0.0850
Tier 1 risk based, Well Capitalized Minimum, Ratio	0.0800	0.0800
Total risk based, Actual, Amount	$ 288,886	$ 285,473
Total risk based, Minimum for Capital Adequacy, Amount	188,789	186,909
Total risk based, Well Capitalized Minimum, Amount	$ 179,799	$ 178,008
Total risk based, Actual, Ratio	0.1607	0.1604
Total risk based, Minimum for Capital Adequacy, Ratio	0.1050	0.1050
Total risk based, Well Capitalized Minimum, Ratio	0.1000	0.1000
Leverage, Actual, Amount	$ 267,241	$ 264,967
Leverage, Minimum for Capital Adequacy, Amount	89,268	88,478
Leverage, Well Capitalized Minimum, Amount	$ 111,585	$ 110,598
Leverage, Actual, Ratio	0.1197	0.1198
Leverage, Minimum for Capital Adequacy, Ratio	0.0400	0.0400
Leverage, Well Capitalized Minimum, Ratio	0.0500	0.0500

Shareholders' Equity (Narrative

Shareholders' Equity (Narrative) (Details) $ in Millions	Jan. 31, 2023 USD ($)
January 2023 Share Repurchase Program [Member]
Class of Stock [Line Items]
Share repurchase program approved amount	$ 5

Guarantees (Narrative) (Details

Guarantees (Narrative) (Details) - Standby Letters Of Credit [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Loss Contingencies [Line Items]
Standby letters of credit outstanding	$ 16,621	$ 16,019
Maximum [Member]
Loss Contingencies [Line Items]
Standby letters of credit expiration period	1 year

Fair Value of Assets and Liab_3

Fair Value of Assets and Liabilities (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Impaired loans charge-offs	$ 204	$ 778
Fair value of foreclosed real estate	383
Foreclosed real estate, write-downs	584
(Level 3) Significant Other Unobservable Inputs [Member]
Impaired loans	2,439		$ 2,526
Impaired loan related allowance	1,868		556
Impaired loans charge-offs	$ 311		$ 487

Fair Value of Assets and Liab_4

Fair Value of Assets and Liabilities (Schedule of Assets Measured at Fair Value on Recurring Basis) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	$ 339,495	$ 349,767
Recurring [Member] | U.S. Treasury Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	19,546	19,474
Recurring [Member] | U.S. Agency [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	12,679	12,837
Recurring [Member] | U.S. Agency Mortgage-Backed, Residential [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	244,795	254,279
Recurring [Member] | State and Municipal [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	30,368	30,672
Recurring [Member] | Corporates [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	32,107	32,505
Recurring [Member] | Loan-Level Interest Rate Swaps [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets	90	651
(Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Recurring [Member] | U.S. Treasury Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	19,546	19,474
(Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Recurring [Member] | U.S. Agency [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
(Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Recurring [Member] | U.S. Agency Mortgage-Backed, Residential [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
(Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Recurring [Member] | State and Municipal [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
(Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Recurring [Member] | Corporates [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
(Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Recurring [Member] | Loan-Level Interest Rate Swaps [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets	0	0
(Level 2) Significant Other Observable Inputs [Member] | Recurring [Member] | U.S. Treasury Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
(Level 2) Significant Other Observable Inputs [Member] | Recurring [Member] | U.S. Agency [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	12,679	12,837
(Level 2) Significant Other Observable Inputs [Member] | Recurring [Member] | U.S. Agency Mortgage-Backed, Residential [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	244,795	254,279
(Level 2) Significant Other Observable Inputs [Member] | Recurring [Member] | State and Municipal [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	30,368	30,672
(Level 2) Significant Other Observable Inputs [Member] | Recurring [Member] | Corporates [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	32,107	32,505
(Level 2) Significant Other Observable Inputs [Member] | Recurring [Member] | Loan-Level Interest Rate Swaps [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets	90	651
(Level 3) Significant Other Unobservable Inputs [Member] | Recurring [Member] | U.S. Treasury Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
(Level 3) Significant Other Unobservable Inputs [Member] | Recurring [Member] | U.S. Agency [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
(Level 3) Significant Other Unobservable Inputs [Member] | Recurring [Member] | U.S. Agency Mortgage-Backed, Residential [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
(Level 3) Significant Other Unobservable Inputs [Member] | Recurring [Member] | State and Municipal [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
(Level 3) Significant Other Unobservable Inputs [Member] | Recurring [Member] | Corporates [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0	0
(Level 3) Significant Other Unobservable Inputs [Member] | Recurring [Member] | Loan-Level Interest Rate Swaps [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets	$ 0	$ 0

Fair Value of Assets and Liab_5

Fair Value of Assets and Liabilities (Schedule of Assets Measured at Fair Value on Nonrecurring Basis) (Details) - Nonrecurring [Member] - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Individually Evaluated Commercial Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	$ 1,407
Commercial Real Estate, Construction [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	701
Commercial Real Estate, Owner Occupied [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value		$ 407
Individually Evaluated Residential Real Estate, Construction [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	268
Individually Evaluated Residential Real Estate, Revolving [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value		34
Individually Evaluated Residential Real Estate, Other [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	63	65
Impaired Builder And Developer Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value		1,465
Impaired Other Real Estate Owned [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	383	383
(Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Individually Evaluated Commercial Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0
(Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Commercial Real Estate, Construction [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0
(Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Commercial Real Estate, Owner Occupied [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value		0
(Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Individually Evaluated Residential Real Estate, Construction [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0
(Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Individually Evaluated Residential Real Estate, Revolving [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value		0
(Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Individually Evaluated Residential Real Estate, Other [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
(Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Impaired Builder And Developer Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value		0
(Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Impaired Other Real Estate Owned [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
(Level 2) Significant Other Observable Inputs [Member] | Individually Evaluated Commercial Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0
(Level 2) Significant Other Observable Inputs [Member] | Commercial Real Estate, Construction [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0
(Level 2) Significant Other Observable Inputs [Member] | Commercial Real Estate, Owner Occupied [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value		0
(Level 2) Significant Other Observable Inputs [Member] | Individually Evaluated Residential Real Estate, Construction [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0
(Level 2) Significant Other Observable Inputs [Member] | Individually Evaluated Residential Real Estate, Revolving [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value		0
(Level 2) Significant Other Observable Inputs [Member] | Individually Evaluated Residential Real Estate, Other [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
(Level 2) Significant Other Observable Inputs [Member] | Impaired Builder And Developer Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value		0
(Level 2) Significant Other Observable Inputs [Member] | Impaired Other Real Estate Owned [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
(Level 3) Significant Other Unobservable Inputs [Member] | Individually Evaluated Commercial Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	1,407
(Level 3) Significant Other Unobservable Inputs [Member] | Commercial Real Estate, Construction [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	701
(Level 3) Significant Other Unobservable Inputs [Member] | Commercial Real Estate, Owner Occupied [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value		407
(Level 3) Significant Other Unobservable Inputs [Member] | Individually Evaluated Residential Real Estate, Construction [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	268
(Level 3) Significant Other Unobservable Inputs [Member] | Individually Evaluated Residential Real Estate, Revolving [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value		34
(Level 3) Significant Other Unobservable Inputs [Member] | Individually Evaluated Residential Real Estate, Other [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	63	65
(Level 3) Significant Other Unobservable Inputs [Member] | Impaired Builder And Developer Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value		1,465
(Level 3) Significant Other Unobservable Inputs [Member] | Impaired Other Real Estate Owned [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	$ 383	$ 383

Fair Value of Assets and Liab_6

Fair Value of Assets and Liabilities (Schedule of Level 3 Assets Measured at Fair Value on Nonrecurring Basis) (Details) - Nonrecurring [Member] - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Individually Evaluated Commercial Loans [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets measured at fair value	$ 1,407
Individually Evaluated Commercial Loans [Member] | (Level 3) Significant Other Unobservable Inputs [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets measured at fair value	1,407
Individually Evaluated Commercial Loans [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets measured at fair value	$ 223
Individually Evaluated Commercial Loans [Member] | Minimum [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	12%
Individually Evaluated Commercial Loans [Member] | Maximum [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	49%	12%
Individually Evaluated Commercial Loans [Member] | Weighted Average [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	44%
Individually Evaluated Commercial Loans [Member] | Weighted Average [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Business Asset Valuation Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	65%
Commercial Real Estate, Construction [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets measured at fair value	$ 701
Commercial Real Estate, Construction [Member] | (Level 3) Significant Other Unobservable Inputs [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets measured at fair value	701
Commercial Real Estate, Owner Occupied [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets measured at fair value		$ 407
Commercial Real Estate, Owner Occupied [Member] | (Level 3) Significant Other Unobservable Inputs [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets measured at fair value		407
Commercial Real Estate, Owner Occupied [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets measured at fair value	$ 701	$ 407
Commercial Real Estate, Owner Occupied [Member] | Minimum [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	1%	1%
Commercial Real Estate, Owner Occupied [Member] | Maximum [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	29%	1%
Commercial Real Estate, Owner Occupied [Member] | Weighted Average [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	20%	1%
Individually Evaluated Residential Real Estate, Construction [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets measured at fair value	$ 268
Individually Evaluated Residential Real Estate, Construction [Member] | (Level 3) Significant Other Unobservable Inputs [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets measured at fair value	268
Individually Evaluated Residential Real Estate, Construction [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets measured at fair value	$ 268
Individually Evaluated Residential Real Estate, Construction [Member] | Minimum [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	4%
Individually Evaluated Residential Real Estate, Construction [Member] | Maximum [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	4%
Individually Evaluated Residential Real Estate, Construction [Member] | Weighted Average [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	4%
Individually Evaluated Residential Real Estate, Revolving [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets measured at fair value		$ 34
Individually Evaluated Residential Real Estate, Revolving [Member] | (Level 3) Significant Other Unobservable Inputs [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets measured at fair value		34
Individually Evaluated Residential Real Estate, Revolving [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets measured at fair value		$ 34
Individually Evaluated Residential Real Estate, Revolving [Member] | Minimum [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Business Asset Valuation Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range		7%
Individually Evaluated Residential Real Estate, Revolving [Member] | Maximum [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Business Asset Valuation Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range		7%
Individually Evaluated Residential Real Estate, Revolving [Member] | Weighted Average [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range		7%
Individually Evaluated Residential Real Estate, Other [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets measured at fair value	$ 63	$ 65
Individually Evaluated Residential Real Estate, Other [Member] | (Level 3) Significant Other Unobservable Inputs [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets measured at fair value	63	65
Individually Evaluated Residential Real Estate, Other [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets measured at fair value	$ 63	$ 65
Individually Evaluated Residential Real Estate, Other [Member] | Minimum [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	16%	16%
Individually Evaluated Residential Real Estate, Other [Member] | Maximum [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	16%	16%
Individually Evaluated Residential Real Estate, Other [Member] | Weighted Average [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	16%	16%
Individually Commercial Real Estate Loans [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Business Asset Valuation Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets measured at fair value	$ 1,184	$ 521
Individually Commercial Real Estate Loans [Member] | Minimum [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Business Asset Valuation Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	50%	20%
Individually Commercial Real Estate Loans [Member] | Maximum [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	100%
Individually Commercial Real Estate Loans [Member] | Maximum [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Business Asset Valuation Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range		50%
Individually Commercial Real Estate Loans [Member] | Weighted Average [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Business Asset Valuation Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range		50%
Impaired Builder And Developer Loans [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets measured at fair value		$ 1,465
Impaired Builder And Developer Loans [Member] | (Level 3) Significant Other Unobservable Inputs [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets measured at fair value		1,465
Impaired Builder And Developer Loans [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets measured at fair value		$ 944
Impaired Builder And Developer Loans [Member] | Minimum [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range		9%
Impaired Builder And Developer Loans [Member] | Weighted Average [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range		10%
Impaired Residential Real Estate Investor Loans [Member] | Maximum [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	25%
Impaired Other Real Estate Owned [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets measured at fair value	$ 383	$ 383
Impaired Other Real Estate Owned [Member] | (Level 3) Significant Other Unobservable Inputs [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets measured at fair value	383	383
Impaired Other Real Estate Owned [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets measured at fair value	$ 383	$ 383
Impaired Other Real Estate Owned [Member] | Minimum [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	0%	0%
Impaired Other Real Estate Owned [Member] | Maximum [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range		25%
Impaired Other Real Estate Owned [Member] | Weighted Average [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Appraisal Adjustments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	22%	22%

Fair Value of Assets and Liab_7

Fair Value of Assets and Liabilities (Schedule of Carrying Amounts and Estimated Fair Values of Financial Instruments) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale	$ 339,495	$ 349,767
Subordinated notes	30,865	30,845
Carrying Amount [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	26,662	33,691
Securities available-for-sale	339,495	349,767
Restricted investment in bank stocks	3,186	3,146
Loans held for sale	958	822
Loans, net	1,717,624	1,685,102
Interest receivable	8,377	7,997
Deposits	1,915,063	1,873,342
Short-term borrowings	30,314	56,541
Long-term debt and junior subordinated debt	10,310	10,310
Subordinated notes	30,865	30,845
Interest payable	1,935	1,301
Off-balance sheet instruments	0	0
Estimated Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	26,662	33,691
Securities available-for-sale	339,495	349,767
Loans held for sale	999	873
Loans, net	1,624,385	1,592,135
Interest receivable	8,377	7,997
Deposits	1,910,922	1,868,931
Short-term borrowings	30,314	56,541
Long-term debt and junior subordinated debt	10,091	10,307
Subordinated notes	29,272	29,342
Interest payable	1,935	1,301
Off-balance sheet instruments	0	0
(Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Estimated Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	26,662	33,691
Securities available-for-sale	19,546	19,474
Loans held for sale	0	0
Loans, net	0	0
Interest receivable	0	0
Deposits	0	0
Short-term borrowings	0	0
Long-term debt and junior subordinated debt	0	0
Subordinated notes	0	0
Interest payable	0	0
Off-balance sheet instruments	0	0
(Level 2) Significant Other Observable Inputs [Member] | Estimated Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	0	0
Securities available-for-sale	319,949	330,293
Loans held for sale	999	873
Loans, net	0	0
Interest receivable	1,590	1,202
Deposits	1,910,922	1,868,931
Short-term borrowings	30,314	56,541
Long-term debt and junior subordinated debt	0	0
Subordinated notes	29,272	29,342
Interest payable	1,935	1,301
Off-balance sheet instruments	0	0
(Level 3) Significant Other Unobservable Inputs [Member] | Estimated Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	0	0
Securities available-for-sale	0	0
Loans held for sale	0	0
Loans, net	1,624,385	1,592,135
Interest receivable	6,787	6,795
Deposits	0	0
Short-term borrowings	0	0
Long-term debt and junior subordinated debt	10,091	10,307
Subordinated notes	0	0
Interest payable	0	0
Off-balance sheet instruments	$ 0	$ 0

Assets and Liabilities Subjec_3

Assets and Liabilities Subject to Offsetting (Schedule of Securities Sold Under Agreements to Repurchase) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Offsetting Liabilities [Line Items]
Repurchase Agreements, Gross Amounts of Recognized Liabilities	$ 4,272	$ 10,799
Repurchase Agreements, Gross Amounts Offset in the Statements of Condition	0	0
Repurchase Agreements, Net Amounts of Liabilities Presented in the Statements of Condition	4,272	10,799
Repurchase Agreements, Gross amounts Not Offset in the Statements of Condition, Cash Collateral Pledged	0	0
Repurchase Agreements, Net Amount	(9,061)	(3,074)
U.S. Agency Mortgage-Backed, Residential [Member]
Offsetting Liabilities [Line Items]
Repurchase Agreements, Gross amounts Not Offset in the Statements of Condition, Financial Instruments	(13,333)	(13,873)
U.S. Agency [Member]
Offsetting Liabilities [Line Items]
Repurchase Agreements, Gross amounts Not Offset in the Statements of Condition, Financial Instruments	$ 0	$ 0

Interest Rate Swaps (Fair Value

Interest Rate Swaps (Fair Value, Notational Amount, and Collateral Posted Related to Loan-Level Interest Rate Swap) (Details) - Interest Rate Swap [Member] - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Commercial Loan [Member]
Derivative [Line Items]
Notional Amount	$ 39,597	$ 37,684
Asset (Liability) Fair Value	90	651
Counterparties Loan [Member]
Derivative [Line Items]
Notional Amount	39,597	37,684
Asset (Liability) Fair Value	$ (90)	$ (651)

Interest Rate Swaps (Gross Amou

Interest Rate Swaps (Gross Amounts of Commercial Loan Swap Derivatives, Amounts Offset and Carrying Values in Consolidated Balance Sheets, and Collateral Pledged to Support Such Agreements) (Details) - Commercial Loan [Member] - Interest Rate Swap [Member] - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Derivative [Line Items]
Gross amounts recognized	$ 90	$ 651
Gross amounts offset	90	651
Net amounts presented in the Consolidated Balance Sheets	0	0
Gross amounts not offset: Cash Collateral	0	0
Net amounts	$ 0	$ 0

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Mar. 31, 2024
Insider Trading Arrangements [Line Items]
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false