EMBASSY BANCORP, INC., 10-Q filed on 5/10/2022
Quarterly Report
v3.22.1
Document And Entity Information - shares
 3 Months Ended
Mar. 31, 2022
May 06, 2022
Document And Entity Information [Abstract]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Mar. 31, 2022  
Document Transition Report false  
Current Fiscal Year End Date --12-31  
Document Fiscal Year Focus 2022  
Document Fiscal Period Focus Q1  
Entity File Number 000-53528  
Entity Registrant Name Embassy Bancorp, Inc.  
Entity Incorporation, State or Country Code PA  
Entity Tax Identification Number 26-3339011  
Entity Address, Address Line One One Hundred Gateway Drive  
Entity Address, Address Line Two Suite 100  
Entity Address, City or Town Bethlehem  
Entity Address, State or Province PA  
Entity Address, Postal Zip Code 18017  
City Area Code 610  
Local Phone Number 882-8800  
Title of 12(b) Security None  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Non-accelerated Filer  
Entity Small Business true  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding   7,552,300
Entity Central Index Key 0001449794  
Amendment Flag false  
v3.22.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 15,176 $ 15,244
Interest bearing demand deposits with banks 134,093 153,448
Federal funds sold 1,000 1,000
Cash and Cash Equivalents 150,269 169,692
Securities available for sale 342,117 310,264
Restricted investment in bank stock 838 1,424
Loans receivable, net of allowance for loan losses of $11,485 in 2022; $11,484 in 2021 1,092,785 1,096,555
Paycheck Protection Program loans receivable 2,125 8,568
Premises and equipment, net of accumulated depreciation 3,972 3,994
Bank owned life insurance 25,448 25,796
Accrued interest receivable 2,714 2,603
Other assets 20,192 14,298
Total Assets 1,640,460 1,633,194
Deposits:    
Non-interest bearing 340,724 323,513
Interest bearing 1,165,887 1,143,512
Total Deposits 1,506,611 1,467,025
Securities sold under agreements to repurchase 13,227 11,252
Long-term borrowings   14,651
Accrued interest payable 625 652
Other liabilities 17,047 17,099
Total Liabilities 1,537,510 1,510,679
Stockholders' Equity:    
Common stock, $1 par value; authorized 20,000,000 shares; 2022 issued 7,699,326 shares; outstanding 7,552,300 shares; 2021 issued 7,687,919 shares; outstanding 7,541,776 shares; 7,699 7,688
Surplus 27,259 26,963
Retained earnings 95,694 91,493
Accumulated other comprehensive loss (25,249) (1,194)
Treasury stock, at cost: 147,026 and 146,143 shares at March 31, 2022 and December 31, 2021, respectively (2,453) (2,435)
Total Stockholders' Equity 102,950 122,515
Total Liabilities and Stockholders' Equity $ 1,640,460 $ 1,633,194
v3.22.1
Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Consolidated Balance Sheets [Abstract]    
Loans receivable, allowance $ 11,485 $ 11,484
Common Stock, Par Value $ 1 $ 1
Common Stock, Shares Authorized 20,000,000 20,000,000
Common Stock, Shares, Issued 7,699,326 7,687,919
Common Stock, Shares, Outstanding 7,552,300 7,541,776
Treasury Stock, Shares 147,026 146,143
v3.22.1
Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
INTEREST INCOME    
Loans, including fees $ 9,779 $ 10,128
Paycheck Protection Program loans, including fees 174 1,100
Securities, taxable 1,291 326
Securities, non-taxable 282 206
Short-term investments, including federal funds sold 63 29
Total Interest Income 11,589 11,789
INTEREST EXPENSE    
Deposits 875 1,093
Securities sold under agreements to repurchase and federal funds purchased 2 2
Long-term borrowings 19 27
Paycheck Protection Program Liquidity Facility borrowings   15
Total Interest Expense 896 1,137
Net Interest Income 10,693 10,652
PROVISION FOR LOAN LOSSES   465
Net Interest Income after Provision for Loan Losses 10,693 10,187
OTHER NON-INTEREST INCOME    
Merchant and credit card processing fees 86 69
Debit card interchange fees 203 185
Other service fees 112 106
Bank owned life insurance 369 148
Gain on sale of securities   24
Total Other Non-Interest Income 770 532
OTHER NON-INTEREST EXPENSES    
Salaries and employee benefits 3,256 2,884
Occupancy and equipment 961 919
Data processing 840 666
Advertising and promotion 146 186
Professional fees 209 208
FDIC insurance 129 123
Loan & real estate 73 75
Charitable contributions 225 194
Other 477 430
Total Other Non-Interest Expenses 6,316 5,685
Income Before Income Taxes 5,147 5,034
INCOME TAX EXPENSE 946 990
Net Income $ 4,201 $ 4,044
BASIC EARNINGS PER SHARE $ 0.56 $ 0.54
DILUTED EARNINGS PER SHARE $ 0.56 $ 0.53
v3.22.1
Consolidated Statements of Comprehensive (Loss) Income - USD ($)
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Consolidated Statements Of Comprehensive (Loss) Income [Abstract]    
Net Income $ 4,201,000 $ 4,044,000
Change in Accumulated Other Comprehensive Loss:    
Unrealized holding loss on securities available for sale (30,449,000) (2,546,000)
Less: reclassification adjustment for realized gains (24,000)
Total other comprehensive loss, before tax (30,449,000) (2,570,000)
Income tax effect 6,394,000 540,000
Net unrealized loss (24,055,000) (2,030,000)
Other comprehensive loss, net of tax (24,055,000) (2,030,000)
Comprehensive (Loss) Income $ (19,854,000) $ 2,014,000
v3.22.1
Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Common Stock [Member]
Director [Member]
Common Stock [Member]
Surplus [Member]
Director [Member]
Surplus [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive (Loss) Income [Member]
Treasury Stock [Member]
Director [Member]
Total
BALANCE-Beginning at Dec. 31, 2020   $ 7,637   $ 26,405 $ 76,960 $ 2,937 $ (1,765)   $ 112,174
Net income         4,044       4,044
Other comprehensive loss, net of tax           (2,030)     (2,030)
Common stock grants $ 12   $ 174         $ 186  
Compensation expense recognized on stock grants, net of unearned compensation expense       60         60
Shares issued under employee stock purchase plan   1   12         13
Purchase of treasury stock             (416)   (416)
BALANCE-Ending at Mar. 31, 2021   7,650   26,651 81,004 907 (2,181)   114,031
BALANCE-Beginning at Dec. 31, 2021   7,688   26,963 91,493 (1,194) (2,435)   122,515
Net income         4,201       4,201
Other comprehensive loss, net of tax           (24,055)     (24,055)
Common stock grants $ 10   $ 213         $ 223  
Compensation expense recognized on stock grants, net of unearned compensation expense       69         69
Shares issued under employee stock purchase plan   1   14         15
Purchase of treasury stock             (18)   (18)
BALANCE-Ending at Mar. 31, 2022   $ 7,699   $ 27,259 $ 95,694 $ (25,249) $ (2,453)   $ 102,950
v3.22.1
Consolidated Statements of Stockholders' Equity (Parenthetical) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Unearned compensation expense on stock grants $ 649 $ 698
Shares issued under employee stock purchase plan, shares 706 807
Purchase treasury stock, shares 883 25,000
Purchased treasury stock, price per share $ 20.79 $ 16.65
Director [Member]    
Common stock grants, shares 10,701 12,009
v3.22.1
Consolidated Statements of Cash Flows - USD ($)
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 4,201,000 $ 4,044,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Provisions   465,000
Amortization of deferred loan costs 40,000 51,000
Accretion of deferred Paycheck Protection Program loan fees (163,000) (964,000)
Depreciation 229,000 197,000
Net (accretion) amortization of investment security premiums and discounts (74,000) 95,000
Stock compensation expense 292,000 246,000
Income on bank owned life insurance (369,000) (148,000)
Realized gain on sale of securities available for sale   (24,000)
(Increase) decrease in accrued interest receivable (111,000) 22,000
Decrease in other assets 1,217,000 83,000
Decrease in accrued interest payable (27,000) (571,000)
(Decrease) increase in other liabilities (52,000) 475,000
Net Cash Provided by Operating Activities 5,183,000 3,971,000
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of securities available for sale (70,589,000) (57,533,000)
Maturities, calls and principal repayments of securities available for sale 8,361,000 21,402,000
Proceeds from sales of securities available for sale 0 3,333,000
Net decrease (increase) in loans 3,730,000 (8,934,000)
Net decrease in Paycheck Protection Program loans 6,606,000 7,584,000
Net redemption of restricted investment in bank stock 586,000  
Purchases of premises and equipment (207,000) (46,000)
Net Cash Used in Investing Activities (51,513,000) (34,194,000)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in deposits 39,586,000 73,229,000
Net increase (decrease) in securities sold under agreements to repurchase 1,975,000 (4,018,000)
Proceeds from Employee Stock Purchase Plan 15,000 13,000
Repayments of long-term borrowed funds (14,651,000)  
Repayment of Paycheck Protection Program Liquidity Facility borrowed funds   (50,794,000)
Purchase of treasury stock (18,000)  
Net Cash Provided by Financing Activities 26,907,000 18,430,000
Net Decrease in Cash and Cash Equivalents (19,423,000) (11,793,000)
CASH AND CASH EQUIVALENTS - BEGINNING 169,692,000 131,907,000
CASH AND CASH EQUIVALENTS - ENDING 150,269,000 120,114,000
SUPPLEMENTARY CASH FLOWS INFORMATION    
Interest paid 923,000 1,708,000
Income taxes paid   200,000
Non-cash Investing and Financing Activities:    
Right of use assets obtained in exchange for new operating lease liabilities   635,000
Unsettled trades to purchase securities   2,987,000
Unsettled purchase of treasury stock   $ 416,000
Bank owned life insurance death benefit proceeds receivable $ 717,000  
v3.22.1
Basis Of Presentation
 3 Months Ended
Mar. 31, 2022
Basis Of Presentation [Abstract]  
Basis Of Presentation Note 1 – Basis of Presentation

 

Embassy Bancorp, Inc. (the “Company”) is a Pennsylvania corporation organized in 2008 and registered as a bank holding company pursuant to the Bank Holding Company Act of 1956, as amended (the “BHC Act”). The Company was formed for purposes of acquiring Embassy Bank For The Lehigh Valley (the “Bank”) in connection with the reorganization of the Bank into a bank holding company structure, which was consummated on November 11, 2008. Accordingly, the Company owns all of the capital stock of the Bank, giving the organization more flexibility in meeting its capital needs as the Company continues to grow. Embassy Holdings, LLC (the “LLC”) is a wholly-owned subsidiary of the Bank organized to engage in the holding of property acquired by the Bank in satisfaction of debts previously contracted. As such, the consolidated financial statements contained herein include the accounts of the Company, the Bank and the LLC. All significant intercompany transactions and balances have been eliminated.

The Bank, which is the Company’s principal operating subsidiary, was originally incorporated as a Pennsylvania bank on May 11, 2001 and opened its doors on November 6, 2001. It was formed by a group of local business persons and professionals with significant prior experience in community banking in the Lehigh Valley area of Pennsylvania, the Bank’s primary market area.

The accompanying unaudited financial statements have been prepared in accordance with United States of America generally accepted accounting principles (“US GAAP”) for interim financial information and in accordance with instructions for Form 10-Q and Rule 10-01 of the Securities and Exchange Commission Regulation S-X. Accordingly, they do not include all of the information and footnotes required by US GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three months ended March 31, 2022 are not necessarily indicative of the results that may be expected for the year ending December 31, 2022.

The consolidated financial statements presented in this report should be read in conjunction with the audited consolidated financial statements and the accompanying notes for the year ended December 31, 2021, included in the Company’s Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 18, 2022.

The Company has evaluated subsequent events for potential recognition and/or disclosure through the date the unaudited consolidated financial statements included in this Quarterly Report on Form 10-Q were issued. For the three months ended March 31, 2022, the Company recognized approximately $437 thousand of bank owned life insurance income, consisting of $717 thousand of death benefit proceeds less $280 thousand in underlying cash surrender value, on a former officer who passed away in January 2022. At March 31, 2022, the Company recorded a receivable of $717 thousand for the cash proceeds. Of this amount, $373 thousand was received by the Company in April 2022, with the remainder to be received when the underlying insurance company finalizes processing the claim.

Certain amounts in the 2021 consolidated financial statements may have been reclassified to conform to 2022 presentation. These reclassifications had no effect on 2021 net income.
v3.22.1
Summary Of Significant Accounting Policies
 3 Months Ended
Mar. 31, 2022
Summary Of Significant Accounting Policies [Abstract]  
Summary Of Significant Accounting Policies Note 2 - Summary of Significant Accounting Policies

The significant accounting policies of the Company as applied in the interim financial statements presented herein are substantially the same as those followed on an annual basis as presented in the Company’s Form 10-K for the year ended December 31, 2021.


‎
v3.22.1
Securities Available For Sale
 3 Months Ended
Mar. 31, 2022
Securities Available For Sale [Abstract]  
Securities Available For Sale Note 3 – Securities Available For Sale

At March 31, 2022 and December 31, 2021, respectively, the amortized cost and approximate fair values of securities available-for-sale were as follows:

Gross

Gross

Amortized

Unrealized

Unrealized

Fair

Cost

Gains

Losses

Value

(In Thousands)

March 31, 2022:

U.S. Government agency obligations

$

34,055

$

-

$

(1,144)

$

32,911

Municipal bonds

69,064

302

(7,536)

61,830

U.S. Government Sponsored Enterprise (GSE) -
‎   Mortgage-backed securities - commercial

511

-

(31)

480

U.S. Government Sponsored Enterprise (GSE) -
‎   Mortgage-backed securities - residential

270,447

42

(23,593)

246,896

Total

$

374,077

$

344

$

(32,304)

$

342,117

December 31, 2021:

U.S. Government agency obligations

29,146

-

(288)

28,858

Municipal bonds

60,017

1,464

(377)

61,104

U.S. Government Sponsored Enterprise (GSE) -
‎   Mortgage-backed securities - commercial

511

19

-

530

U.S. Government Sponsored Enterprise (GSE) -
‎   Mortgage-backed securities - residential

222,101

885

(3,214)

219,772

Total

$

311,775

$

2,368

$

(3,879)

$

310,264

The amortized cost and fair value of securities as of March 31, 2022, by contractual maturity, are shown below. Expected maturities may differ from contractual maturities because borrowers may have the right to prepay obligations with or without any penalties.

Amortized

Fair

Cost

Value

(In Thousands)

Due in one year or less

$

510

$

509

Due after one year through five years

34,424

33,281

Due after five years through ten years

6,666

6,612

Due after ten years

61,519

54,339

103,119

94,741

U.S. Government Sponsored Enterprise (GSE) - Mortgage-backed securities - commercial

511

480

U.S. Government Sponsored Enterprise (GSE) - Mortgage-backed securities - residential

270,447

246,896

Total

$

374,077

$

342,117

There were no sales of securities for the three months ended March 31, 2022 and no gross losses on the sales of securities for the three months ended March 31, 2022 and March 31, 2021. Gross gains of $24 thousand were realized on sales of securities for the three months ended March 31, 2021.

Securities with a carrying value of $125.2 million and $114.0 million at March 31, 2022 and December 31, 2021, respectively, were subject to agreements to repurchase, pledged to secure public deposits, or pledged for other purposes required or permitted by law.


‎

The following table shows the Company’s investments’ gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at March 31, 2022 and December 31, 2021:

Less Than 12 Months

12 Months or More

Total

Fair Value

Unrealized Losses

Fair Value

Unrealized Losses

Fair Value

Unrealized Losses

March 31, 2022:

(In Thousands)

U.S. Government agency obligations

$

4,749

$

(162)

$

28,162

$

(982)

$

32,911

$

(1,144)

Municipal bonds

51,448

(7,456)

346

(80)

51,794

(7,536)

U.S. Government Sponsored Enterprise

(GSE) - Mortgage -backed securities -

commercial

480

(31)

-

-

480

(31)

U.S. Government Sponsored Enterprise

(GSE) - Mortgage -backed securities -

residential

216,362

(20,230)

26,469

(3,363)

242,831

(23,593)

Total Temporarily Impaired Securities

$

273,039

$

(27,879)

$

54,977

$

(4,425)

$

328,016

$

(32,304)

.

December 31, 2021:

U.S. Government agency obligations

$

9,911

$

(84)

$

18,947

$

(204)

$

28,858

$

(288)

Municipal bonds

20,722

(377)

-

-

20,722

(377)

U.S. Government Sponsored Enterprise

(GSE) - Mortgage -backed securities -

residential

190,435

(3,214)

-

-

190,435

(3,214)

Total Temporarily Impaired Securities

$

221,068

$

(3,675)

$

18,947

$

(204)

$

240,015

$

(3,879)

The Company had one hundred sixty-two (162) securities in an unrealized loss position at March 31, 2022 and seventy (70) securities in an unrealized loss position at December 31, 2021. As of March 31, 2022, the Company either has the intent and ability to hold the securities until maturity or market price recovery or believes that it is more likely than not that it will not be required to sell such securities. Management believes that the unrealized loss only represents temporary impairment of the securities, and are a result of changes in the interest rate environment, not the credit quality. None of the individual losses are significant.
v3.22.1
Restricted Investment In Bank Stock
 3 Months Ended
Mar. 31, 2022
Restricted Investment In Bank Stock [Abstract]  
Restricted Investment In Bank Stock Note 4 – Restricted Investment in Bank Stock

Restricted investments in bank stock consist of FHLBank of Pittsburgh (“FHLB”) stock and Atlantic Community Bankers Bank (“ACBB”) stock. The restricted stocks are carried at cost. Federal law requires a member institution of the FHLB to hold stock of its district FHLB according to a predetermined formula. The Bank had FHLB stock at a carrying value of $798 thousand as of March 31, 2022 and $1.4 million at December 31, 2021, respectively. The Bank had ACBB stock at a carrying value of $40 thousand at March 31, 2022 and December 31, 2021.

Management evaluates the FHLB and ACBB restricted stock for impairment. Management’s determination of whether these investments are impaired is based on their assessment of the ultimate recoverability of their cost rather than by recognizing temporary declines in value. The determination of whether a decline affects the ultimate recoverability of their cost is influenced by criteria such as (1) the significance of the decline in net assets of the issuer as compared to the capital stock amount for the issuer and the length of time this situation has persisted, (2) commitments by the issuer to make payments required by law or regulation and the level of such payments in relation to the operating performance of the issuer, and (3) the impact of legislative and regulatory changes on institutions and, accordingly, on the customer base of the issuer.

Based upon its evaluation of the foregoing criteria, management believes no impairment charge is necessary related to the FHLB or ACBB stock as of March 31, 2022.


‎
v3.22.1
Loans And Credit Quality
 3 Months Ended
Mar. 31, 2022
Loans And Credit Quality [Abstract]  
Loans And Credit Quality Note 5 – Loans and Credit Quality

The Company has presented Paycheck Protection Program (“PPP”) loans of $2.1 million, net of $2 thousand of unearned origination fees and costs, at March 31, 2022 and $8.6 million, net of $165 thousand of unearned origination fees and costs, at December 31, 2021, respectively, separately from loans receivable on the Consolidated Balance Sheet. PPP loans are 100% SBA guaranteed and the Company has determined that no allowance for loan losses is required on PPP loans. All PPP loans are risk rated as pass and none are past due under their contractual terms. PPP loans are excluded in the following composition and credit quality tables.

The following table presents the composition of loans receivable at March 31, 2022 and December 31, 2021, respectively:

March 31, 2022

December 31, 2021

Percentage of

Percentage of

Balance

total Loans

Balance

total Loans

(Dollars in Thousands)

Commercial real estate

$

438,463

39.71%

$

440,655

39.77%

Commercial construction

4,906

0.44%

6,100

0.55%

Commercial

39,963

3.62%

41,923

3.78%

Residential real estate

620,269

56.17%

618,694

55.84%

Consumer

625

0.06%

642

0.06%

Total loans

1,104,226

100.00%

1,108,014

100.00%

Unearned origination fees

44

25

Allowance for loan losses

(11,485)

(11,484)

Net Loans

$

1,092,785

$

1,096,555

The following table presents the classes of the loan portfolio summarized by the aggregate pass rating and the classified ratings of special mention (potential weaknesses), substandard (well defined weaknesses) and doubtful (full collection unlikely) within the Company's internal risk rating system as of March 31, 2022 and December 31, 2021, respectively:

Pass

Special Mention

Substandard

Doubtful

Total

March 31, 2022

(In Thousands)

Commercial real estate

$

437,103

$

-

$

1,360

$

-

$

438,463

Commercial construction

4,597

-

309

-

4,906

Commercial

39,939

24

-

-

39,963

Residential real estate

619,132

484

653

-

620,269

Consumer

625

-

-

-

625

Total

$

1,101,396

$

508

$

2,322

$

-

$

1,104,226

December 31, 2021

Commercial real estate

$

439,280

$

-

$

1,375

$

-

$

440,655

Commercial construction

5,789

-

311

-

6,100

Commercial

41,899

24

-

-

41,923

Residential real estate

617,533

489

672

-

618,694

Consumer

642

-

-

-

642

Total

$

1,105,143

$

513

$

2,358

$

-

$

1,108,014

At March 31, 2022 and December 31, 2021, the Company had no foreclosed assets and had $217 thousand in recorded investment in one (1) consumer mortgage loan collateralized by real estate property that is in the process of foreclosure. In April 2022, the borrower repaid the loan in full with no loss to the Company.


‎

The following table summarizes information in regards to impaired loans by loan portfolio class as of March 31, 2022 and December 31, 2021, respectively:

March 31, 2022

December 31, 2021

Recorded Investment

Unpaid Principal Balance

Related Allowance

Recorded Investment

Unpaid Principal Balance

Related Allowance

(In Thousands)

With no related allowance recorded:

Commercial real estate

$

1,418

$

1,658

$

1,433

$

1,673

Commercial construction

55

55

55

55

Commercial

-

-

-

-

Residential real estate

904

974

932

1,002

Consumer

-

-

-

-

With an allowance recorded:

Commercial real estate

$

-

$

-

$

-

$

-

$

-

$

-

Commercial construction

254

254

5

256

256

7

Commercial

246

246

40

248

248

41

Residential real estate

570

570

114

576

576

116

Consumer

-

-

-

-

-

-

Total:

Commercial real estate

$

1,418

$

1,658

$

-

$

1,433

$

1,673

$

-

Commercial construction

309

309

5

311

311

7

Commercial

246

246

40

248

248

41

Residential real estate

1,474

1,544

114

1,508

1,578

116

Consumer

-

-

-

-

-

-

$

3,447

$

3,757

$

159

$

3,500

$

3,810

$

164


‎

The following tables summarize information regarding the average recorded investment and interest income recognized on impaired loans by loan portfolio for the three months ended March 31, 2022 and 2021, respectively:

Three Months Ended March 31,

2022

2021

Average Recorded Investment

Interest Income Recognized

Average Recorded Investment

Interest Income Recognized

(In Thousands)

With no related allowance recorded:

Commercial real estate

$

1,426

$

16

$

846

$

15

Commercial construction

55

1

315

3

Commercial

-

-

-

-

Residential real estate

918

4

1,148

7

Consumer

-

-

-

-

With an allowance recorded:

Commercial real estate

$

-

$

-

$

693

$

7

Commercial construction

255

2

-

-

Commercial

247

2

229

2

Residential real estate

573

5

600

5

Consumer

-

-

-

-

Total:

Commercial real estate

$

1,426

$

16

$

1,539

$

22

Commercial construction

310

3

315

3

Commercial

247

2

229

2

Residential real estate

1,491

9

1,748

12

Consumer

-

-

-

-

$

3,474

$

30

$

3,831

$

39

The following table presents non-accrual loans by classes of the loan portfolio:

March 31, 2022

December 31, 2021

(In Thousands)

Commercial real estate

$

-

$

-

Commercial construction

-

-

Commercial

-

-

Residential real estate

229

242

Consumer

-

-

Total

$

229

$

242

In April 2022, $217 thousand of the above March 31, 2022 non-accrual loans were repaid in full by the borrower with no loss to the Company.


‎

The performance and credit quality of the loan portfolio is also monitored by analyzing the age of the loans receivable as determined by the length of time a recorded payment is past due. The following table presents the classes of the loan portfolio summarized by the past due status as of March 31, 2022 and December 31, 2021, respectively:

Greater

Loan

than

Receivables >

30-59 Days

60-89 Days

90 Days

Total

Total Loan

90 Days and

Past Due

Past Due

Past Due

Past Due

Current

Receivables

Accruing

March 31, 2022

(In Thousands)

Commercial real estate

$

-

$

-

$

-

$

-

$

438,463

$

438,463

$

-

Commercial construction

-

-

-

-

4,906

4,906

-

Commercial

-

-

-

-

39,963

39,963

-

Residential real estate

74

-

217

291

619,978

620,269

-

Consumer

-

-

-

-

625

625

-

Total

$

74

$

-

$

217

$

291

$

1,103,935

$

1,104,226

$

-

December 31, 2021

Commercial real estate

$

-

$

-

$

-

$

-

$

440,655

$

440,655

$

-

Commercial construction

-

-

-

-

6,100

6,100

-

Commercial

-

-

-

-

41,923

41,923

-

Residential real estate

-

12

217

229

618,465

618,694

-

Consumer

-

-

-

-

642

642

-

Total

$

-

$

12

$

217

$

229

$

1,107,785

$

1,108,014

$

-

The following tables detail the activity in the allowance for loan losses for the three months ended March 31, 2022 and 2021:

Commercial Real Estate

Commercial Construction

Commercial

Residential Real Estate

Consumer

Unallocated

Total

Allowance for loan losses

(In Thousands)

Three Months Ending March 31, 2022

Beginning Balance - December 31, 2021

$

4,400 

$

71 

$

1,328 

$

4,718 

$

14 

$

953 

$

11,484 

Charge-offs

-

-

-

-

-

-

-

Recoveries

-

-

-

1 

-

-

1 

Provisions

231 

(12)

(25)

318 

(4)

(508)

-

Ending Balance - March 31, 2022

$

4,631 

$

59 

$

1,303 

$

5,037 

$

10 

$

445 

$

11,485 

Three Months Ending March 31, 2021

Beginning Balance - December 31, 2020

$

4,379 

$

150 

$

848 

$

4,485 

$

14 

$

694 

$

10,570 

Charge-offs

-

-

-

-

(2)

-

(2)

Recoveries

-

-

-

1 

-

-

1 

Provisions

308 

(37)

68 

11 

-

115 

465 

Ending Balance - March 31, 2021

$

4,687 

$

113 

$

916 

$

4,497 

$

12 

$

809 

$

11,034 


‎

The following tables represent the allocation for loan losses and the related loan portfolio disaggregated based on impairment methodology at March 31, 2022 and December 31, 2021:

Commercial Real Estate

Commercial Construction

Commercial

Residential Real Estate

Consumer

Unallocated

Total

(In Thousands)

March 31, 2022

Allowance for Loan Losses

Ending Balance

$

4,631

$

59

$

1,303

$

5,037

$

10

$

445

$

11,485

Ending balance: individually evaluated for impairment

$

-

$

5

$

40

$

114

$

-

$

-

$

159

Ending balance: collectively evaluated for impairment

$

4,631

$

54

$

1,263

$

4,923

$

10

$

445

$

11,326

Loans receivables:

Ending balance

$

438,463

$

4,906

$

39,963

$

620,269

$

625

$

1,104,226

Ending balance: individually evaluated for impairment

$

1,418

$

309

$

246

$

1,474

$

-

$

3,447

Ending balance: collectively evaluated for impairment

$

437,045

$

4,597

$

39,717

$

618,795

$

625

$

1,100,779

December 31, 2021

Allowance for Loan Losses

Ending Balance

$

4,400

$

71

$

1,328

$

4,718

$

14

$

953

$

11,484

Ending balance: individually evaluated for impairment

$

-

$

7

$

41

$

116

$

-

$

-

$

164

Ending balance: collectively evaluated for impairment

$

4,400

$

64

$

1,287

$

4,602

$

14

$

953

$

11,320

Loans receivables:

Ending balance

$

440,655

$

6,100

$

41,923

$

618,694

$

642

$

1,108,014

Ending balance: individually evaluated for impairment

$

1,433

$

311

$

248

$

1,508

$

-

$

3,500

Ending balance: collectively evaluated for impairment

$

439,222

$

5,789

$

41,675

$

617,186

$

642

$

1,104,514

Troubled Debt Restructurings

The Company may grant a concession or modification for economic or legal reasons related to a borrower’s financial condition that it would not otherwise consider, resulting in a modified loan which is then identified as a troubled debt restructuring (“TDR”). The Company may modify loans through rate reductions, extensions to maturity, interest only payments, or payment modifications to better coincide the timing of payments due under the modified terms with the expected timing of cash flows from the borrowers’ operations. Loan modifications are intended to minimize the economic loss and to avoid foreclosure or repossession of the collateral. TDRs are considered impaired loans for purposes of calculating the Company’s allowance for loan losses.

The Company identifies loans for potential restructure primarily through direct communication with the borrower and the evaluation of the borrower’s financial statements, revenue projections, tax returns, and credit reports.  Even if the borrower is not presently in default, management will consider the likelihood that cash flow shortages, adverse economic conditions, and negative trends may result in a payment default in the near future.


‎

The following table presents TDR’s outstanding:

Accrual Loans

Non-Accrual Loans

Total Modifications

March 31, 2022

(In Thousands)

Commercial real estate

$

1,017 

$

-

$

1,017 

Commercial construction

254 

-

254 

Commercial

246 

-

246 

Residential real estate

796 

12 

808 

Consumer

-

-

-

$

2,313 

$

12 

$

2,325 

December 31, 2021

Commercial real estate

$

1,027 

$

-

$

1,027 

Commercial construction

256 

-

256 

Commercial

248 

-

248 

Residential real estate

806 

13 

819 

Consumer

-

-

-

$

2,337 

$

13 

$

2,350 

As of March 31, 2022, no available commitments were outstanding on TDRs.

There were no newly restructured loans that occurred during the three months ended March 31, 2022 and 2021.

There were no loans that were modified and classified as a TDR within the prior twelve months that experienced a payment default (loans ninety days or more past due) during the three months ended March 31, 2022 and 2021.

Beginning in 2020 and through early 2021, the Company provided certain borrowers affected in a variety of ways by COVID-19 with payment accommodations that facilitated their ability to work through the immediate impact of the virus. Payment accommodations related to COVID-19 assistance were in the form of short-term (six months or less) principal and/or interest deferrals and the loans were considered current at the time of the accommodation. These payment accommodations were made in accordance with Section 4013 of the CARES Act and the Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus and the Company did not categorize these modifications as troubled debt restructurings. As of March 31, 2022, the Company had one hundred eighty-six (186) loans totaling $109.0 million, for which the payment accommodation period had ended and the loans had resumed payments under their original contractual terms. As of December 31, 2021, the Company had one hundred ninety-nine (199) loans totaling $116.4 million, for which the payment accommodation period had ended and the loans had resumed payments under their original contractual terms.
v3.22.1
Deposits
 3 Months Ended
Mar. 31, 2022
Deposits [Abstract]  
Deposits Note 6 – Deposits

The components of deposits at March 31, 2022 and December 31, 2021 are as follows:

March 31, 2022

December 31, 2021

(In Thousands)

Demand, non-interest bearing

$

340,724

$

323,513

Demand, NOW and money market, interest bearing

251,249

248,401

Savings

763,854

739,637

Time, $250 and over

55,841

54,739

Time, other

94,943

100,735

Total deposits

$

1,506,611

$

1,467,025


‎

At March 31, 2022, the scheduled maturities of time deposits are as follows (in thousands):

2022 (remainder of the year)

$

81,228

2023

57,875

2024

6,984

2025

2,007

2026

2,126

2027

564

$

150,784
v3.22.1
Short-Term And Long-Term Borrowings
 3 Months Ended
Mar. 31, 2022
Short-Term And Long-Term Borrowings [Abstract]  
Short-Term And Long-Term Borrowings Note 7 – Short-term and Long-term Borrowings

Securities sold under agreements to repurchase, federal funds purchased, and FHLB short term advances generally represent overnight or less than twelve month borrowings. Long term advances from the FHLB are for periods of twelve months or more and are generally less than sixty months. The Bank has an agreement with the FHLB, which allows for borrowings up to a percentage of qualifying assets. At March 31, 2022, the Bank had a maximum borrowing capacity for short-term and long-term advances of approximately $714.3 million. This borrowing capacity with the FHLB includes a line of credit of $150.0 million. There were no short-term FHLB advances outstanding as of March 31, 2022 and December 31, 2021. There were no long-term FHLB advances outstanding as of March 31, 2022 and $14.7 million in long-term FHLB advances outstanding as of December 31, 2021. All FHLB borrowings are secured by qualifying assets of the Bank.

The Bank has a federal funds line of credit with the ACBB of $10.0 million, of which none was outstanding at March 31, 2022 and December 31, 2021. Advances from this line are unsecured.

The Company has a revolving line of credit facility with the ACBB of $5.0 million, of which none was outstanding at March 31, 2022 and December 31, 2021. Advances from this line are unsecured.
v3.22.1
Stock Incentive Plan And Employee Stock Purchase Plan
 3 Months Ended
Mar. 31, 2022
Stock Incentive Plan And Employee Stock Purchase Plan [Abstract]  
Stock Incentive Plan And Employee Stock Purchase Plan Note 8 – Stock Incentive Plan and Employee Stock Purchase Plan

Stock Incentive Plan:

The Company maintains the Embassy Bancorp, Inc. Stock Incentive Plan (the “SIP”), originally adopted by the Company’s shareholders effective June 16, 2010 and subsequently amended, restated, and approved on June 20, 2019. The SIP authorizes the Board of Directors, or a committee authorized by the Board of Directors, to award a stock based incentive to (i) designated officers (including officers who are directors) and other designated employees at the Company and its subsidiaries, and (ii) non-employee members of the Board of Directors and advisors and consultants to the Company and its subsidiaries. The SIP provides for stock based incentives in the form of incentive stock options as provided in Section 422 of the Internal Revenue Code of 1986, non-qualified stock options, stock appreciation rights, restricted stock and deferred stock awards. The term of the option, the amount of time for the option to vest after grant, if any, and other terms and limitations will be determined at the time of grant. Options granted under the SIP may not have an exercise period that is more than ten years from the time the option is granted. The maximum number of shares of common stock authorized for issuance under the SIP is 756,356. The SIP provides for appropriate adjustments in the number and kind of shares available for grant or subject to outstanding awards under the SIP to avoid dilution in the event of a merger, stock splits, stock dividends or other changes in the capitalization of the Company. The SIP expires on June 20, 2029. At March 31, 2022, there were 419,806 shares available for issuance under the SIP.

The Company grants shares of restricted stock, under the SIP, to certain members of its Board of Directors as compensation for their services, in accordance with the Company’s Non-employee Directors Compensation program adopted in October 2010. The Company also grants restricted stock to certain officers under individual agreements with these officers. Some of these restricted stock awards vest immediately, while the remainder vest over the service period of two years to nine years. Management recognizes compensation expense for the fair value of the restricted stock awards on a straight-line basis over the requisite service period. Since inception of the plan and through the period ended March 31, 2022, there have been 220,307 awards granted. During the three months ended March 31, 2022 and 2021 there were 10,701 and 12,009 awards granted, respectively. During the three months ended March 31, 2022 and March 31, 2021, the Company recognized compensation expense for restricted stock awards of $292 thousand and $246 thousand, respectively.

Historically, the Company has granted stock options to purchase shares of stock to certain executive officers under individual agreements and/or in accordance with their respective employment agreements. There were no stock options granted for the three months ended March 31, 2022 and 2021, respectively. At March 31, 2022 there was no unrecognized cost remaining for these unexercised options and all outstanding options are fully vested.

Employee Stock Purchase Plan:

On January 1, 2017, the Company implemented the Embassy Bancorp, Inc. Employee Stock Purchase Plan (“ESPP”), which was approved by the Company’s shareholders at the annual meeting held on June 16, 2016. Under the ESPP, each employee of the Company and its subsidiaries who is employed on an offering date and customarily is scheduled to work at least twenty (20) hours per week and more than five (5) months in a calendar year is eligible to participate. The purchase price for shares purchased under the ESPP is 95% of the fair market value of such shares on the date of purchase.  The purchase price may be adjusted from time to time by the Board of Directors; provided, however, that the discount to fair market value shall not exceed 15%.  The Company has authorized 350,000 shares of its common stock for the ESPP, of which 19,221 shares have been issued as of March 31, 2022. The Company recognized discount expense in relation to the ESPP of $1 thousand for the three months ended March 31, 2022 and 2021, respectively.
v3.22.1
Other Comprehensive Loss
 3 Months Ended
Mar. 31, 2022
Other Comprehensive Loss [Abstract]  
Other Comprehensive Loss Note 9 – Other Comprehensive Loss

US GAAP requires 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 equity section of the balance sheet, such items, along with net income, are components of comprehensive income. Management believes that the unrealized losses on securities available for sale are a result of current market conditions, primarily changes in the interest rate environment.

The components of other comprehensive loss both before tax and net of tax are as follows:

Three Months Ended March 31,

2022

2021

(In Thousands)

Before

Tax

Net of

Before

Tax

Net of

Tax

Effect

Tax

Tax

Effect

Tax

Change in accumulated other comprehensive loss:

Unrealized holding losses on securities
‎   available for sale

$

(30,449)

$

6,394

$

(24,055)

$

(2,546)

$

535

$

(2,011)

Reclassification adjustments for gains on securities
‎   transactions included in net income (A),(B)

-

-

-

(24)

5

(19)

Total other comprehensive loss

$

(30,449)

$

6,394

$

(24,055)

$

(2,570)

$

540

$

(2,030)

A.Realized gains on securities transactions included in gain on sales of securities in the accompanying Consolidated Statements of Income.

B.Tax effect included in income tax expense in the accompanying Consolidated Statements of Income.

A summary of the realized gains on securities available for sale for the three months ended March 31, 2022 and 2021, net of tax, is as follows:

Three Months Ended

March 31,

2022

2021

(In Thousands)

Securities available for sale:

Realized gains on securities transactions

$

-

$

(24)

Income taxes

-

5

Net of tax

$

-

$

(19)


‎

A summary of the accumulated other comprehensive (loss) income net of tax is as follows:

Securities

Available

for Sale

Three Months Ended March 31, 2022 and 2021

(In Thousands)

Balance January 1, 2022

$

(1,194)

Other comprehensive loss before reclassifications

(24,055)

Amounts reclassified from accumulated other
‎   comprehensive loss

-

Net other comprehensive loss during the period

(24,055)

Balance March 31, 2022

$

(25,249)

Balance January 1, 2021

$

2,937

Other comprehensive loss before reclassifications

(2,011)

Amounts reclassified from accumulated other
‎   comprehensive income

(19)

Net other comprehensive loss during the period

(2,030)

Balance March 31, 2021

$

907
v3.22.1
Basic And Diluted Earnings Per Share
 3 Months Ended
Mar. 31, 2022
Basic And Diluted Earnings Per Share [Abstract]  
Basic And Diluted Earnings Per Share

Note 10 – Basic and Diluted Earnings per Share

Basic earnings per share represents income available to common stockholders divided by the weighted-average number of common shares outstanding during the period, as adjusted for stock dividends and splits. Diluted earnings per share reflect additional common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustments to income that would result from the assumed issuance. Potential common shares that may be issued by the Company relate solely to outstanding stock options and are determined using the treasury stock method.

Three Months Ended

March 31,

2022

2021

(Dollars In Thousands, Except Share and Per Share Data)

Net income

$

4,201

$

4,044

Weighted average shares outstanding

7,546,144

7,532,246

Dilutive effect of potential common shares, stock options

19,865

33,235

Diluted weighted average common shares outstanding

7,566,009

7,565,481

Basic earnings per share

$

0.56

$

0.54

Diluted earnings per share

$

0.56

$

0.53

There were no stock options not considered in computing diluted earnings per common share for the three months ended March 31, 2022 and March 31, 2021.
v3.22.1
Fair Value Of Financial Instruments
 3 Months Ended
Mar. 31, 2022
Fair Value Of Financial Instruments [Abstract]  
Fair Value Of Financial Instruments Note 11 – Fair Value Measurements

The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. The fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is best determined based upon quoted market prices. However, in many instances, there are no quoted market prices for the Company’s various financial instruments. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. Accordingly, the fair value estimates may not be realized in an immediate settlement of the instrument.

Fair value guidance provides a consistent definition of fair value, which focuses on exit price in an orderly transaction (that is, not a forced liquidation or distressed sale) between market participants at the measurement date under current market conditions. If there

has been a significant decrease in the volume and level of activity for the asset or liability, a change in valuation technique or the use of multiple valuation techniques may be appropriate. In such instances, determining the price at which willing market participants would transact at the measurement date under current market conditions depends on the facts and circumstances and requires the use of significant judgment. The fair value is a reasonable point within the range that is most representative of fair value under current market conditions.

US GAAP establishes a fair value hierarchy that prioritizes the inputs to valuation methods used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows:

Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities.

Level 2: Quoted prices in markets that are not active, or inputs that are observable either directly or indirectly, for substantially the full term of the asset or liability.

Level 3: Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e., supported with little or no market activity).

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.

For financial assets measured at fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy utilized at March 31, 2022 and December 31, 2021, respectively, are as follows:

(Level 1)

(Level 2)

Quoted

Significant

(Level 3)

Prices in Active

Other

Significant

Markets for

Observable

Unobservable

Description

Identical Assets

Inputs

Inputs

Total

(In Thousands)

U.S. Government agency obligations

$

-

$

32,911

$

-

$

32,911

Municipal bonds

-

61,830

-

61,830

U.S. Government Sponsored Enterprise (GSE) -

Mortgage-backed securities - commercial

-

480

-

480

U.S. Government Sponsored Enterprise (GSE) -

Mortgage-backed securities - residential

-

246,896

-

246,896

March 31, 2022 Securities available for sale

$

-

$

342,117

$

-

$

342,117

U.S. Government agency obligations

-

28,858

-

28,858

Municipal bonds

-

61,104

-

61,104

U.S. Government Sponsored Enterprise (GSE) -

Mortgage-backed securities - commercial

-

530

-

530

U.S. Government Sponsored Enterprise (GSE) -

Mortgage-backed securities - residential

-

219,772

-

219,772

December 31, 2021 Securities available for sale

$

-

$

310,264

$

-

$

310,264

The fair value of securities available for sale are determined by 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. For these securities, the Company obtains fair value measurements from an independent pricing service. The fair value measurements consider observable data that may include dealer quotes, market spreads, cash flows, the U.S. Treasury yield curve, live trading levels, trade execution data, market consensus prepayment speeds, credit information and the security’s terms and conditions, among other things.

For financial assets measured at fair value on a nonrecurring basis, the fair value measurements by level within the fair value hierarchy used at March 31, 2022 and December 31, 2021, respectively, are as follows:

(Level 1)

(Level 2)

Quoted

Significant

(Level 3)

Prices in Active

Other

Significant

Markets for

Observable

Unobservable

Description

Identical Assets

Inputs

Inputs

Total

(In Thousands)

March 31, 2022 Impaired loans

$

-

$

-

$

911

$

911

December 31, 2021 Impaired loans

$

-

$

-

$

916

$

916

Impaired loans are those that are accounted for under existing FASB guidance, in which the Bank 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. Fair values may also include qualitative adjustments by management based on economic conditions and liquidation expenses. These assets are included as Level 3 fair values, based upon the lowest level of input that is significant to the fair value measurements.

At March 31, 2022, of the impaired loans having an aggregate balance of $3.4 million, $2.4 million did not require a valuation allowance because the value of the collateral, including estimated selling costs, securing the loan was determined to meet or exceed the balance owed on the loan. Of the remaining $1.1 million in impaired loans, an aggregate valuation allowance of $159 thousand was required to reflect what was determined to be a shortfall in the value of the collateral as compared to the balance on such loans.

Real estate properties acquired through, or in lieu of, foreclosure are to be sold and are carried at fair value less estimated cost to sell. Fair value is based upon independent market prices or appraised value of the property. These assets would be included in Level 3 fair value based upon the lowest level of input that is significant to the fair value measurement. At March 31, 2022 and December 31, 2021, respectively, the Company had no real estate properties acquired through, or in lieu of, foreclosure.

The following table presents additional quantitative information about assets measured at fair value on a nonrecurring basis and for which the Company has utilized Level 3 inputs to determine fair value:

Quantitative Information about Level 3 Fair Value Measurements

Description

Fair Value
‎Estimate

Valuation Techniques

Unobservable Input

Range
‎(Weighted Average)

(Dollars In Thousands)

March 31, 2022:

Impaired loans

$

911

Appraisal of collateral and

Appraisal adjustments (1)

0% to -25% (-22.8%)

pending agreement of sale

Liquidation expenses (2)

0% to -8.5% (-7.7%)

December 31, 2021:

Impaired loans

$

916

Appraisal of collateral and

Appraisal adjustments (1)

0% to -25% (-22.8%)

pending agreement of sale

Liquidation expenses (2)

0% to -8.5% (-7.7%)

1.Appraisals may be adjusted by management for qualitative factors including economic conditions and the age of the appraisal. The range and weighted average of appraisal adjustments are presented as a percent of the appraisal.

2.Appraisals and pending agreements of sale are adjusted by management for liquidation expenses. The range and weighted average of liquidation expense adjustments are presented as a percent of the appraisal or pending agreement of sale.


‎

The estimated fair values of the Company’s financial instruments were as follows at March 31, 2022 and December 31, 2021:

(Level 1)

Quoted

(Level 2)

Prices in

Significant

(Level 3)

Active

Other

Significant

Carrying

Fair Value

Markets for

Observable

Unobservable

Amount

Estimate

Identical Assets

Inputs

Inputs

(In Thousands)

March 31, 2022:

Financial assets:

Cash and cash equivalents

$

150,269

$

150,269

$

150,269

$

-

$

-

Securities available-for-sale

342,117

342,117

-

342,117

-

Loans receivable, net of allowance

1,092,785

1,130,635

-

-

1,130,635

Paycheck Protection Program loans receivable

2,125

1,995

-

-

1,995

Restricted investments in bank stock

838

838

-

838

-

Accrued interest receivable

2,714

2,714

-

2,714

-

Financial liabilities:

Deposits

1,506,611

1,505,534

-

1,505,534

-

Securities sold under agreements to

repurchase and federal funds purchased

13,227

13,227

-

13,227

-

Accrued interest payable

625

625

-

625

-

Off-balance sheet financial instruments:

Commitments to grant loans

-

-

-

-

-

Unfunded commitments under lines of credit

-

-

-

-

-

Standby letters of credit

-

-

-

-

-

December 31, 2021:

Financial assets:

Cash and cash equivalents

$

169,692

$

169,692

$

169,692

$

-

$

-

Securities available-for-sale

310,264

310,264

-

310,264

-

Loans receivable, net of allowance

1,096,555

1,141,467

-

-

1,141,467

Paycheck Protection Program loans receivable

8,568

8,163

-

8,163

Restricted investments in bank stock

1,424

1,424

-

1,424

-

Accrued interest receivable

2,603

2,603

-

2,603

-

Financial liabilities:

Deposits

1,467,025

1,467,938

-

1,467,938

-

Securities sold under agreements to

repurchase and federal funds purchased

11,252

11,252

-

11,252

-

Long-term borrowings

14,651

14,665

-

-

14,665

Accrued interest payable

652

652

-

652

-

Off-balance sheet financial instruments:

Commitments to grant loans

-

-

-

-

-

Unfunded commitments under lines of credit

-

-

-

-

-

Standby letters of credit

-

-

-

-

-
v3.22.1
Future Accounting Standards
 3 Months Ended
Mar. 31, 2022
Future Accounting Standards [Abstract]  
Future Accounting Standards Note 12 – Future Accounting Standards

In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-13, “Financial Instruments - Credit Losses”. ASU 2016-13 requires entities to report “expected” credit losses on financial instruments and other commitments to extend credit rather than the current “incurred loss” model. These expected credit losses for financial assets held at the reporting date are to be based on historical experience, current conditions, and reasonable and supportable forecasts. This ASU will also require enhanced disclosures to help investors and other financial statement users better understand significant estimates and judgments used in estimating credit losses, as well as the credit quality and underwriting standards of an entity’s portfolio. These disclosures include qualitative and quantitative requirements that provide additional information about the amounts recorded in the financial statements. In November 2019, the FASB issued an update to defer the implementation date for smaller reporting companies from 2020 to 2023. The Company currently qualifies as a smaller reporting company under SEC Regulation S-K and, therefore, the guidance is effective for the Company in 2023. The Company has not yet determined the impact this standard will have on its financial statements or results of operations. Management is in the process of gathering all necessary data and is reviewing potential methods to calculate the expected credit losses. Management is currently in the process of calculating sample expected loss computations and developing the allowance methodology and assumptions that will be used under the new standard. Management will continue to progress on its implementation project plan and improve the Company’s approach throughout the deferral period. The Company is currently evaluating the impact this guidance will have on its consolidated financial statements.
v3.22.1
Basis Of Presentation (Policy)
 3 Months Ended
Mar. 31, 2022
Basis Of Presentation [Abstract]  
Consolidation Embassy Bancorp, Inc. (the “Company”) is a Pennsylvania corporation organized in 2008 and registered as a bank holding company pursuant to the Bank Holding Company Act of 1956, as amended (the “BHC Act”). The Company was formed for purposes of acquiring Embassy Bank For The Lehigh Valley (the “Bank”) in connection with the reorganization of the Bank into a bank holding company structure, which was consummated on November 11, 2008. Accordingly, the Company owns all of the capital stock of the Bank, giving the organization more flexibility in meeting its capital needs as the Company continues to grow. Embassy Holdings, LLC (the “LLC”) is a wholly-owned subsidiary of the Bank organized to engage in the holding of property acquired by the Bank in satisfaction of debts previously contracted. As such, the consolidated financial statements contained herein include the accounts of the Company, the Bank and the LLC. All significant intercompany transactions and balances have been eliminated.

The Bank, which is the Company’s principal operating subsidiary, was originally incorporated as a Pennsylvania bank on May 11, 2001 and opened its doors on November 6, 2001. It was formed by a group of local business persons and professionals with significant prior experience in community banking in the Lehigh Valley area of Pennsylvania, the Bank’s primary market area.
Basis Of Accounting The accompanying unaudited financial statements have been prepared in accordance with United States of America generally accepted accounting principles (“US GAAP”) for interim financial information and in accordance with instructions for Form 10-Q and Rule 10-01 of the Securities and Exchange Commission Regulation S-X. Accordingly, they do not include all of the information and footnotes required by US GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three months ended March 31, 2022 are not necessarily indicative of the results that may be expected for the year ending December 31, 2022.

The consolidated financial statements presented in this report should be read in conjunction with the audited consolidated financial statements and the accompanying notes for the year ended December 31, 2021, included in the Company’s Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 18, 2022.

The Company has evaluated subsequent events for potential recognition and/or disclosure through the date the unaudited consolidated financial statements included in this Quarterly Report on Form 10-Q were issued. For the three months ended March 31, 2022, the Company recognized approximately $437 thousand of bank owned life insurance income, consisting of $717 thousand of death benefit proceeds less $280 thousand in underlying cash surrender value, on a former officer who passed away in January 2022. At March 31, 2022, the Company recorded a receivable of $717 thousand for the cash proceeds. Of this amount, $373 thousand was received by the Company in April 2022, with the remainder to be received when the underlying insurance company finalizes processing the claim.

Certain amounts in the 2021 consolidated financial statements may have been reclassified to conform to 2022 presentation. These reclassifications had no effect on 2021 net income.
v3.22.1
Securities Available For Sale (Tables)
 3 Months Ended
Mar. 31, 2022
Securities Available For Sale [Abstract]  
Amortized Cost And Fair Values Of Securities Available-For-Sale

Gross

Gross

Amortized

Unrealized

Unrealized

Fair

Cost

Gains

Losses

Value

(In Thousands)

March 31, 2022:

U.S. Government agency obligations

$

34,055

$

-

$

(1,144)

$

32,911

Municipal bonds

69,064

302

(7,536)

61,830

U.S. Government Sponsored Enterprise (GSE) -
‎   Mortgage-backed securities - commercial

511

-

(31)

480

U.S. Government Sponsored Enterprise (GSE) -
‎   Mortgage-backed securities - residential

270,447

42

(23,593)

246,896

Total

$

374,077

$

344

$

(32,304)

$

342,117

December 31, 2021:

U.S. Government agency obligations

29,146

-

(288)

28,858

Municipal bonds

60,017

1,464

(377)

61,104

U.S. Government Sponsored Enterprise (GSE) -
‎   Mortgage-backed securities - commercial

511

19

-

530

U.S. Government Sponsored Enterprise (GSE) -
‎   Mortgage-backed securities - residential

222,101

885

(3,214)

219,772

Total

$

311,775

$

2,368

$

(3,879)

$

310,264
Securities Available-For-Sale By Contractual Maturity

Amortized

Fair

Cost

Value

(In Thousands)

Due in one year or less

$

510

$

509

Due after one year through five years

34,424

33,281

Due after five years through ten years

6,666

6,612

Due after ten years

61,519

54,339

103,119

94,741

U.S. Government Sponsored Enterprise (GSE) - Mortgage-backed securities - commercial

511

480

U.S. Government Sponsored Enterprise (GSE) - Mortgage-backed securities - residential

270,447

246,896

Total

$

374,077

$

342,117
Investments' Gross Unrealized Losses And Fair Value

Less Than 12 Months

12 Months or More

Total

Fair Value

Unrealized Losses

Fair Value

Unrealized Losses

Fair Value

Unrealized Losses

March 31, 2022:

(In Thousands)

U.S. Government agency obligations

$

4,749

$

(162)

$

28,162

$

(982)

$

32,911

$

(1,144)

Municipal bonds

51,448

(7,456)

346

(80)

51,794

(7,536)

U.S. Government Sponsored Enterprise

(GSE) - Mortgage -backed securities -

commercial

480

(31)

-

-

480

(31)

U.S. Government Sponsored Enterprise

(GSE) - Mortgage -backed securities -

residential

216,362

(20,230)

26,469

(3,363)

242,831

(23,593)

Total Temporarily Impaired Securities

$

273,039

$

(27,879)

$

54,977

$

(4,425)

$

328,016

$

(32,304)

.

December 31, 2021:

U.S. Government agency obligations

$

9,911

$

(84)

$

18,947

$

(204)

$

28,858

$

(288)

Municipal bonds

20,722

(377)

-

-

20,722

(377)

U.S. Government Sponsored Enterprise

(GSE) - Mortgage -backed securities -

residential

190,435

(3,214)

-

-

190,435

(3,214)

Total Temporarily Impaired Securities

$

221,068

$

(3,675)

$

18,947

$

(204)

$

240,015

$

(3,879)
v3.22.1
Loans And Credit Quality (Tables)
 3 Months Ended
Mar. 31, 2022
Loans And Credit Quality [Abstract]  
Composition Of Loans Receivable

March 31, 2022

December 31, 2021

Percentage of

Percentage of

Balance

total Loans

Balance

total Loans

(Dollars in Thousands)

Commercial real estate

$

438,463

39.71%

$

440,655

39.77%

Commercial construction

4,906

0.44%

6,100

0.55%

Commercial

39,963

3.62%

41,923

3.78%

Residential real estate

620,269

56.17%

618,694

55.84%

Consumer

625

0.06%

642

0.06%

Total loans

1,104,226

100.00%

1,108,014

100.00%

Unearned origination fees

44

25

Allowance for loan losses

(11,485)

(11,484)

Net Loans

$

1,092,785

$

1,096,555
Schedule Of Loan Portfolio By Aggregate Risk Rating

Pass

Special Mention

Substandard

Doubtful

Total

March 31, 2022

(In Thousands)

Commercial real estate

$

437,103

$

-

$

1,360

$

-

$

438,463

Commercial construction

4,597

-

309

-

4,906

Commercial

39,939

24

-

-

39,963

Residential real estate

619,132

484

653

-

620,269

Consumer

625

-

-

-

625

Total

$

1,101,396

$

508

$

2,322

$

-

$

1,104,226

December 31, 2021

Commercial real estate

$

439,280

$

-

$

1,375

$

-

$

440,655

Commercial construction

5,789

-

311

-

6,100

Commercial

41,899

24

-

-

41,923

Residential real estate

617,533

489

672

-

618,694

Consumer

642

-

-

-

642

Total

$

1,105,143

$

513

$

2,358

$

-

$

1,108,014
Schedule Of Impaired Loans The following table summarizes information in regards to impaired loans by loan portfolio class as of March 31, 2022 and December 31, 2021, respectively:

March 31, 2022

December 31, 2021

Recorded Investment

Unpaid Principal Balance

Related Allowance

Recorded Investment

Unpaid Principal Balance

Related Allowance

(In Thousands)

With no related allowance recorded:

Commercial real estate

$

1,418

$

1,658

$

1,433

$

1,673

Commercial construction

55

55

55

55

Commercial

-

-

-

-

Residential real estate

904

974

932

1,002

Consumer

-

-

-

-

With an allowance recorded:

Commercial real estate

$

-

$

-

$

-

$

-

$

-

$

-

Commercial construction

254

254

5

256

256

7

Commercial

246

246

40

248

248

41

Residential real estate

570

570

114

576

576

116

Consumer

-

-

-

-

-

-

Total:

Commercial real estate

$

1,418

$

1,658

$

-

$

1,433

$

1,673

$

-

Commercial construction

309

309

5

311

311

7

Commercial

246

246

40

248

248

41

Residential real estate

1,474

1,544

114

1,508

1,578

116

Consumer

-

-

-

-

-

-

$

3,447

$

3,757

$

159

$

3,500

$

3,810

$

164


‎

The following tables summarize information regarding the average recorded investment and interest income recognized on impaired loans by loan portfolio for the three months ended March 31, 2022 and 2021, respectively:

Three Months Ended March 31,

2022

2021

Average Recorded Investment

Interest Income Recognized

Average Recorded Investment

Interest Income Recognized

(In Thousands)

With no related allowance recorded:

Commercial real estate

$

1,426

$

16

$

846

$

15

Commercial construction

55

1

315

3

Commercial

-

-

-

-

Residential real estate

918

4

1,148

7

Consumer

-

-

-

-

With an allowance recorded:

Commercial real estate

$

-

$

-

$

693

$

7

Commercial construction

255

2

-

-

Commercial

247

2

229

2

Residential real estate

573

5

600

5

Consumer

-

-

-

-

Total:

Commercial real estate

$

1,426

$

16

$

1,539

$

22

Commercial construction

310

3

315

3

Commercial

247

2

229

2

Residential real estate

1,491

9

1,748

12

Consumer

-

-

-

-

$

3,474

$

30

$

3,831

$

39
Schedule Of Nonaccrual Loans

March 31, 2022

December 31, 2021

(In Thousands)

Commercial real estate

$

-

$

-

Commercial construction

-

-

Commercial

-

-

Residential real estate

229

242

Consumer

-

-

Total

$

229

$

242
Schedule Of Past Due Loans

Greater

Loan

than

Receivables >

30-59 Days

60-89 Days

90 Days

Total

Total Loan

90 Days and

Past Due

Past Due

Past Due

Past Due

Current

Receivables

Accruing

March 31, 2022

(In Thousands)

Commercial real estate

$

-

$

-

$

-

$

-

$

438,463

$

438,463

$

-

Commercial construction

-

-

-

-

4,906

4,906

-

Commercial

-

-

-

-

39,963

39,963

-

Residential real estate

74

-

217

291

619,978

620,269

-

Consumer

-

-

-

-

625

625

-

Total

$

74

$

-

$

217

$

291

$

1,103,935

$

1,104,226

$

-

December 31, 2021

Commercial real estate

$

-

$

-

$

-

$

-

$

440,655

$

440,655

$

-

Commercial construction

-

-

-

-

6,100

6,100

-

Commercial

-

-

-

-

41,923

41,923

-

Residential real estate

-

12

217

229

618,465

618,694

-

Consumer

-

-

-

-

642

642

-

Total

$

-

$

12

$

217

$

229

$

1,107,785

$

1,108,014

$

-
Activity In Allowance For Loan Losses

Commercial Real Estate

Commercial Construction

Commercial

Residential Real Estate

Consumer

Unallocated

Total

Allowance for loan losses

(In Thousands)

Three Months Ending March 31, 2022

Beginning Balance - December 31, 2021

$

4,400 

$

71 

$

1,328 

$

4,718 

$

14 

$

953 

$

11,484 

Charge-offs

-

-

-

-

-

-

-

Recoveries

-

-

-

1 

-

-

1 

Provisions

231 

(12)

(25)

318 

(4)

(508)

-

Ending Balance - March 31, 2022

$

4,631 

$

59 

$

1,303 

$

5,037 

$

10 

$

445 

$

11,485 

Three Months Ending March 31, 2021

Beginning Balance - December 31, 2020

$

4,379 

$

150 

$

848 

$

4,485 

$

14 

$

694 

$

10,570 

Charge-offs

-

-

-

-

(2)

-

(2)

Recoveries

-

-

-

1 

-

-

1 

Provisions

308 

(37)

68 

11 

-

115 

465 

Ending Balance - March 31, 2021

$

4,687 

$

113 

$

916 

$

4,497 

$

12 

$

809 

$

11,034 
Allocation Of Allowance For Loan Losses And Related Loan Portfolio

Commercial Real Estate

Commercial Construction

Commercial

Residential Real Estate

Consumer

Unallocated

Total

(In Thousands)

March 31, 2022

Allowance for Loan Losses

Ending Balance

$

4,631

$

59

$

1,303

$

5,037

$

10

$

445

$

11,485

Ending balance: individually evaluated for impairment

$

-

$

5

$

40

$

114

$

-

$

-

$

159

Ending balance: collectively evaluated for impairment

$

4,631

$

54

$

1,263

$

4,923

$

10

$

445

$

11,326

Loans receivables:

Ending balance

$

438,463

$

4,906

$

39,963

$

620,269

$

625

$

1,104,226

Ending balance: individually evaluated for impairment

$

1,418

$

309

$

246

$

1,474

$

-

$

3,447

Ending balance: collectively evaluated for impairment

$

437,045

$

4,597

$

39,717

$

618,795

$

625

$

1,100,779

December 31, 2021

Allowance for Loan Losses

Ending Balance

$

4,400

$

71

$

1,328

$

4,718

$

14

$

953

$

11,484

Ending balance: individually evaluated for impairment

$

-

$

7

$

41

$

116

$

-

$

-

$

164

Ending balance: collectively evaluated for impairment

$

4,400

$

64

$

1,287

$

4,602

$

14

$

953

$

11,320

Loans receivables:

Ending balance

$

440,655

$

6,100

$

41,923

$

618,694

$

642

$

1,108,014

Ending balance: individually evaluated for impairment

$

1,433

$

311

$

248

$

1,508

$

-

$

3,500

Ending balance: collectively evaluated for impairment

$

439,222

$

5,789

$

41,675

$

617,186

$

642

$

1,104,514
Troubled Debt Restructuring Outstanding

Accrual Loans

Non-Accrual Loans

Total Modifications

March 31, 2022

(In Thousands)

Commercial real estate

$

1,017 

$

-

$

1,017 

Commercial construction

254 

-

254 

Commercial

246 

-

246 

Residential real estate

796 

12 

808 

Consumer

-

-

-

$

2,313 

$

12 

$

2,325 

December 31, 2021

Commercial real estate

$

1,027 

$

-

$

1,027 

Commercial construction

256 

-

256 

Commercial

248 

-

248 

Residential real estate

806 

13 

819 

Consumer

-

-

-

$

2,337 

$

13 

$

2,350 
v3.22.1
Deposits (Tables)
 3 Months Ended
Mar. 31, 2022
Deposits [Abstract]  
Components Of Deposits

March 31, 2022

December 31, 2021

(In Thousands)

Demand, non-interest bearing

$

340,724

$

323,513

Demand, NOW and money market, interest bearing

251,249

248,401

Savings

763,854

739,637

Time, $250 and over

55,841

54,739

Time, other

94,943

100,735

Total deposits

$

1,506,611

$

1,467,025
Scheduled Maturities of Time Deposits

2022 (remainder of the year)

$

81,228

2023

57,875

2024

6,984

2025

2,007

2026

2,126

2027

564

$

150,784
v3.22.1
Other Comprehensive Loss (Tables)
 3 Months Ended
Mar. 31, 2022
Other Comprehensive Loss [Abstract]  
Components Of Other Comprehensive Loss, Both Before Tax And Net Of Tax

Three Months Ended March 31,

2022

2021

(In Thousands)

Before

Tax

Net of

Before

Tax

Net of

Tax

Effect

Tax

Tax

Effect

Tax

Change in accumulated other comprehensive loss:

Unrealized holding losses on securities
‎   available for sale

$

(30,449)

$

6,394

$

(24,055)

$

(2,546)

$

535

$

(2,011)

Reclassification adjustments for gains on securities
‎   transactions included in net income (A),(B)

-

-

-

(24)

5

(19)

Total other comprehensive loss

$

(30,449)

$

6,394

$

(24,055)

$

(2,570)

$

540

$

(2,030)

A.Realized gains on securities transactions included in gain on sales of securities in the accompanying Consolidated Statements of Income.

B.Tax effect included in income tax expense in the accompanying Consolidated Statements of Income.
Summary Of Realized Gains On Securities Available For Sale, Net Of Tax

Three Months Ended

March 31,

2022

2021

(In Thousands)

Securities available for sale:

Realized gains on securities transactions

$

-

$

(24)

Income taxes

-

5

Net of tax

$

-

$

(19)
Summary Of Accumulated Other Comprehensive (Loss) Income, Net Of Tax

Securities

Available

for Sale

Three Months Ended March 31, 2022 and 2021

(In Thousands)

Balance January 1, 2022

$

(1,194)

Other comprehensive loss before reclassifications

(24,055)

Amounts reclassified from accumulated other
‎   comprehensive loss

-

Net other comprehensive loss during the period

(24,055)

Balance March 31, 2022

$

(25,249)

Balance January 1, 2021

$

2,937

Other comprehensive loss before reclassifications

(2,011)

Amounts reclassified from accumulated other
‎   comprehensive income

(19)

Net other comprehensive loss during the period

(2,030)

Balance March 31, 2021

$

907
v3.22.1
Basic And Diluted Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2022
Basic And Diluted Earnings Per Share [Abstract]  
Earnings Per Share

Three Months Ended

March 31,

2022

2021

(Dollars In Thousands, Except Share and Per Share Data)

Net income

$

4,201

$

4,044

Weighted average shares outstanding

7,546,144

7,532,246

Dilutive effect of potential common shares, stock options

19,865

33,235

Diluted weighted average common shares outstanding

7,566,009

7,565,481

Basic earnings per share

$

0.56

$

0.54

Diluted earnings per share

$

0.56

$

0.53
v3.22.1
Fair Value Of Financial Instruments (Tables)
 3 Months Ended
Mar. 31, 2022
Fair Value Of Financial Instruments [Abstract]  
Fair Value Of Financial Assets Measured On Recurring Basis

(Level 1)

(Level 2)

Quoted

Significant

(Level 3)

Prices in Active

Other

Significant

Markets for

Observable

Unobservable

Description

Identical Assets

Inputs

Inputs

Total

(In Thousands)

U.S. Government agency obligations

$

-

$

32,911

$

-

$

32,911

Municipal bonds

-

61,830

-

61,830

U.S. Government Sponsored Enterprise (GSE) -

Mortgage-backed securities - commercial

-

480

-

480

U.S. Government Sponsored Enterprise (GSE) -

Mortgage-backed securities - residential

-

246,896

-

246,896

March 31, 2022 Securities available for sale

$

-

$

342,117

$

-

$

342,117

U.S. Government agency obligations

-

28,858

-

28,858

Municipal bonds

-

61,104

-

61,104

U.S. Government Sponsored Enterprise (GSE) -

Mortgage-backed securities - commercial

-

530

-

530

U.S. Government Sponsored Enterprise (GSE) -

Mortgage-backed securities - residential

-

219,772

-

219,772

December 31, 2021 Securities available for sale

$

-

$

310,264

$

-

$

310,264
Fair Value Of Financial Assets Measured On Nonrecurring Basis

(Level 1)

(Level 2)

Quoted

Significant

(Level 3)

Prices in Active

Other

Significant

Markets for

Observable

Unobservable

Description

Identical Assets

Inputs

Inputs

Total

(In Thousands)

March 31, 2022 Impaired loans

$

-

$

-

$

911

$

911

December 31, 2021 Impaired loans

$

-

$

-

$

916

$

916
Quantitative Information About Level 3 Fair Value Measurements

Quantitative Information about Level 3 Fair Value Measurements

Description

Fair Value
‎Estimate

Valuation Techniques

Unobservable Input

Range
‎(Weighted Average)

(Dollars In Thousands)

March 31, 2022:

Impaired loans

$

911

Appraisal of collateral and

Appraisal adjustments (1)

0% to -25% (-22.8%)

pending agreement of sale

Liquidation expenses (2)

0% to -8.5% (-7.7%)

December 31, 2021:

Impaired loans

$

916

Appraisal of collateral and

Appraisal adjustments (1)

0% to -25% (-22.8%)

pending agreement of sale

Liquidation expenses (2)

0% to -8.5% (-7.7%)

1.Appraisals may be adjusted by management for qualitative factors including economic conditions and the age of the appraisal. The range and weighted average of appraisal adjustments are presented as a percent of the appraisal.

2.Appraisals and pending agreements of sale are adjusted by management for liquidation expenses. The range and weighted average of liquidation expense adjustments are presented as a percent of the appraisal or pending agreement of sale.
Estimated Fair Value Of Financial Instruments

(Level 1)

Quoted

(Level 2)

Prices in

Significant

(Level 3)

Active

Other

Significant

Carrying

Fair Value

Markets for

Observable

Unobservable

Amount

Estimate

Identical Assets

Inputs

Inputs

(In Thousands)

March 31, 2022:

Financial assets:

Cash and cash equivalents

$

150,269

$

150,269

$

150,269

$

-

$

-

Securities available-for-sale

342,117

342,117

-

342,117

-

Loans receivable, net of allowance

1,092,785

1,130,635

-

-

1,130,635

Paycheck Protection Program loans receivable

2,125

1,995

-

-

1,995

Restricted investments in bank stock

838

838

-

838

-

Accrued interest receivable

2,714

2,714

-

2,714

-

Financial liabilities:

Deposits

1,506,611

1,505,534

-

1,505,534

-

Securities sold under agreements to

repurchase and federal funds purchased

13,227

13,227

-

13,227

-

Accrued interest payable

625

625

-

625

-

Off-balance sheet financial instruments:

Commitments to grant loans

-

-

-

-

-

Unfunded commitments under lines of credit

-

-

-

-

-

Standby letters of credit

-

-

-

-

-

December 31, 2021:

Financial assets:

Cash and cash equivalents

$

169,692

$

169,692

$

169,692

$

-

$

-

Securities available-for-sale

310,264

310,264

-

310,264

-

Loans receivable, net of allowance

1,096,555

1,141,467

-

-

1,141,467

Paycheck Protection Program loans receivable

8,568

8,163

-

8,163

Restricted investments in bank stock

1,424

1,424

-

1,424

-

Accrued interest receivable

2,603

2,603

-

2,603

-

Financial liabilities:

Deposits

1,467,025

1,467,938

-

1,467,938

-

Securities sold under agreements to

repurchase and federal funds purchased

11,252

11,252

-

11,252

-

Long-term borrowings

14,651

14,665

-

-

14,665

Accrued interest payable

652

652

-

652

-

Off-balance sheet financial instruments:

Commitments to grant loans

-

-

-

-

-

Unfunded commitments under lines of credit

-

-

-

-

-

Standby letters of credit

-

-

-

-

-
v3.22.1
Basis Of Presentation (Narrative) (Details) - USD ($)
$ in Thousands
 1 Months Ended 3 Months Ended
Apr. 30, 2022
Jan. 31, 2022
Mar. 31, 2022
Mar. 31, 2021
Bank owned life insurance income before valuation adjustments     $ 437  
Bank owned life insurance income     369 $ 148
Bank owned life insurance income receivable     717  
Proceeds from Bank owned life insurance     $ 717  
Cash Surrender Value [Member] | Former Officer [Member]        
Proceeds from Bank owned life insurance   $ 280    
Subsequent Event [Member]        
Proceeds from Bank owned life insurance $ 373      
v3.22.1
Securities Available For Sale (Narrative) (Details)
 3 Months Ended
Mar. 31, 2022
USD ($)
security
Mar. 31, 2021
USD ($)
Dec. 31, 2021
USD ($)
security
Securities Available For Sale [Abstract]      
Securities pledged as collateral $ 125,200,000   $ 114,000,000.0
Realized gross gains   $ 24,000  
Sale of securities 0 3,333,000  
Realized gross losses $ 0 $ 0  
Securities in an unrealized loss position | security 162   70
v3.22.1
Securities Available For Sale (Amortized Cost And Fair Values Of Securities Available-For-Sale) (Details) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Schedule of Available-for-sale Securities [Line Items]    
Amortized Cost $ 374,077 $ 311,775
Gross Unrealized Gains 344 2,368
Gross Unrealized Losses (32,304) (3,879)
Fair Value 342,117 310,264
U.S Government Agency Obligations [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Amortized Cost 34,055 29,146
Gross Unrealized Losses (1,144) (288)
Fair Value 32,911 28,858
Municipal Bonds [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Amortized Cost 69,064 60,017
Gross Unrealized Gains 302 1,464
Gross Unrealized Losses (7,536) (377)
Fair Value 61,830 61,104
U.S. GSE - Mortgage-backed Securities [Member] | Commercial RealEstate [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Amortized Cost 511 511
Gross Unrealized Gains   19
Gross Unrealized Losses (31)  
Fair Value 480 530
U.S. GSE - Mortgage-backed Securities [Member] | Residential [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Amortized Cost 270,447 222,101
Gross Unrealized Gains 42 885
Gross Unrealized Losses (23,593) (3,214)
Fair Value $ 246,896 $ 219,772
v3.22.1
Securities Available For Sale (Securities Available-For-Sale By Contractual Maturity) (Details) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Schedule of Available-for-sale Securities [Line Items]    
Amortized Cost, Due in one year or less $ 510  
Amortized Cost, Due after one year through five years 34,424  
Amortized Cost, Due after five years through ten years 6,666  
Amortized Cost, Due after ten years 61,519  
Amortized Cost, Debt securities expected maturity 103,119  
Amortized Cost, Debt Maturities, Total 374,077 $ 311,775
Fair Value, Due in one year or less 509  
Fair Value, Due after one year through five years 33,281  
Fair Value, Due after five years through ten years 6,612  
Fair Value, Due after ten years 54,339  
Fair Value, Debt securities expected maturity 94,741  
Fair Value, Debt maturities, Total 342,117 310,264
U.S. GSE - Mortgage-backed Securities [Member] | Commercial RealEstate [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Amortized Cost, U.S. Government Sponsored Enterprise (GSE) - Mortgage-backed securities 511  
Amortized Cost, Debt Maturities, Total 511 511
Fair Value, U.S. Government Sponsored Enterprise (GSE) - Mortgage-backed securities 480  
Fair Value, Debt maturities, Total 480 530
U.S. GSE - Mortgage-backed Securities [Member] | Residential [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Amortized Cost, U.S. Government Sponsored Enterprise (GSE) - Mortgage-backed securities 270,447  
Amortized Cost, Debt Maturities, Total 270,447 222,101
Fair Value, U.S. Government Sponsored Enterprise (GSE) - Mortgage-backed securities 246,896  
Fair Value, Debt maturities, Total $ 246,896 $ 219,772
v3.22.1
Securities Available For Sale (Investments' Gross Unrealized Losses And Fair Value) (Details) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Schedule of Available-for-sale Securities [Line Items]    
Fair Value, Less Than 12 Months $ 273,039 $ 221,068
Fair Value, 12 Months or More 54,977 18,947
Fair Value, Total 328,016 240,015
Unrealized Losses, Less Than 12 Months (27,879) (3,675)
Unrealized Losses, 12 Months or More (4,425) (204)
Unrealized Losses, Total (32,304) (3,879)
U.S Government Agency Obligations [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Fair Value, Less Than 12 Months 4,749 9,911
Fair Value, 12 Months or More 28,162 18,947
Fair Value, Total 32,911 28,858
Unrealized Losses, Less Than 12 Months (162) (84)
Unrealized Losses, 12 Months or More (982) (204)
Unrealized Losses, Total (1,144) (288)
Municipal Bonds [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Fair Value, Less Than 12 Months 51,448 20,722
Fair Value, 12 Months or More 346  
Fair Value, Total 51,794 20,722
Unrealized Losses, Less Than 12 Months (7,456) (377)
Unrealized Losses, 12 Months or More (80)  
Unrealized Losses, Total (7,536) (377)
Commercial RealEstate [Member] | U.S. GSE - Mortgage-backed Securities [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Fair Value, Less Than 12 Months 480  
Fair Value, Total 480  
Unrealized Losses, Less Than 12 Months (31)  
Unrealized Losses, Total (31)  
Residential [Member] | U.S. GSE - Mortgage-backed Securities [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Fair Value, Less Than 12 Months 216,362 190,435
Fair Value, 12 Months or More 26,469  
Fair Value, Total 242,831 190,435
Unrealized Losses, Less Than 12 Months (20,230) (3,214)
Unrealized Losses, 12 Months or More (3,363)  
Unrealized Losses, Total $ (23,593) $ (3,214)
v3.22.1
Restricted Investment In Bank Stock (Details) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Federal Home Loan Bank of Pittsburgh [Member]    
Investment stock at a carrying value $ 798 $ 1,400
Atlantic Community Bankers Bank (ACBB) [Member    
Investment stock at a carrying value $ 40 $ 40
v3.22.1
Loans And Credit Quality (Narrative) (Details)
 1 Months Ended 3 Months Ended 12 Months Ended
Apr. 30, 2022
USD ($)
Mar. 31, 2022
USD ($)
loan
Mar. 31, 2021
USD ($)
loan
Dec. 31, 2021
USD ($)
loan
Financing Receivable, Modifications [Line Items]        
Available commitments outstanding on TDRs   $ 0    
Number of new TDRs | loan   0 0  
Number of loans experiencing payment default | loan   0 0  
Number of loans resumed payments under their original contractual terms | loan   186   199
Amount of loans resumed payments under their original contractual terms   $ 109,000,000.0   $ 116,400,000
Proceeds from Collection of Notes Receivable $ 217,000      
Financing Receivable, Allowance for Credit Losses, Write-downs $ 0   $ 2,000  
CARES Act [Member]        
Financing Receivable, Modifications [Line Items]        
PPP loan receivable amount for which SBA loan guarantee approval received   2,100,000   8,600,000
Unearned origination fees and costs   $ 2,000   $ 165,000
PPP loans guarantee percent by the SBA   100.00%    
Consumer [Member]        
Financing Receivable, Modifications [Line Items]        
Financing Receivable, Allowance for Credit Losses, Write-downs     $ 2,000  
Residential real estate [Member] | Substandard [Member]        
Financing Receivable, Modifications [Line Items]        
Real estate foreclosed assets   $ 0    
Loans collateralized by residential real estate in process of foreclosure   $ 217,000    
v3.22.1
Loans And Credit Quality (Composition Of Loans Receivable) (Details) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Percentage of total Loans 100.00% 100.00%
Total Loans $ 1,104,226 $ 1,108,014
Unearned origination fees 44 25
Allowance for Loan Losses (11,485) (11,484)
Net Loans $ 1,092,785 $ 1,096,555
Commercial real estate [Member]    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Percentage of total Loans 39.71% 39.77%
Total Loans $ 438,463 $ 440,655
Commercial [Member]    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Percentage of total Loans 3.62% 3.78%
Total Loans $ 39,963 $ 41,923
Residential real estate [Member]    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Percentage of total Loans 56.17% 55.84%
Total Loans $ 620,269 $ 618,694
Consumer [Member]    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Percentage of total Loans 0.06% 0.06%
Total Loans $ 625 $ 642
Construction [Member] | Commercial [Member]    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Percentage of total Loans 0.44% 0.55%
Total Loans $ 4,906 $ 6,100
v3.22.1
Loans And Credit Quality (Schedule Of Loan Portfolio By Aggregate Risk Rating) (Details) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Financing Receivable, Allowance for Credit Losses [Line Items]    
Loans and Leases Receivable, Gross $ 1,104,226 $ 1,108,014
Pass [Member]    
Financing Receivable, Allowance for Credit Losses [Line Items]    
Loans and Leases Receivable, Gross 1,101,396 1,105,143
Special Mention [Member]    
Financing Receivable, Allowance for Credit Losses [Line Items]    
Loans and Leases Receivable, Gross 508 513
Substandard [Member]    
Financing Receivable, Allowance for Credit Losses [Line Items]    
Loans and Leases Receivable, Gross 2,322 2,358
Commercial real estate [Member]    
Financing Receivable, Allowance for Credit Losses [Line Items]    
Loans and Leases Receivable, Gross 438,463 440,655
Commercial real estate [Member] | Pass [Member]    
Financing Receivable, Allowance for Credit Losses [Line Items]    
Loans and Leases Receivable, Gross 437,103 439,280
Commercial real estate [Member] | Substandard [Member]    
Financing Receivable, Allowance for Credit Losses [Line Items]    
Loans and Leases Receivable, Gross 1,360 1,375
Commercial [Member]    
Financing Receivable, Allowance for Credit Losses [Line Items]    
Loans and Leases Receivable, Gross 39,963 41,923
Commercial [Member] | Pass [Member]    
Financing Receivable, Allowance for Credit Losses [Line Items]    
Loans and Leases Receivable, Gross 39,939 41,899
Commercial [Member] | Special Mention [Member]    
Financing Receivable, Allowance for Credit Losses [Line Items]    
Loans and Leases Receivable, Gross 24 24
Residential real estate [Member]    
Financing Receivable, Allowance for Credit Losses [Line Items]    
Loans and Leases Receivable, Gross 620,269 618,694
Residential real estate [Member] | Pass [Member]    
Financing Receivable, Allowance for Credit Losses [Line Items]    
Loans and Leases Receivable, Gross 619,132 617,533
Residential real estate [Member] | Special Mention [Member]    
Financing Receivable, Allowance for Credit Losses [Line Items]    
Loans and Leases Receivable, Gross 484 489
Residential real estate [Member] | Substandard [Member]    
Financing Receivable, Allowance for Credit Losses [Line Items]    
Loans and Leases Receivable, Gross 653 672
Consumer [Member]    
Financing Receivable, Allowance for Credit Losses [Line Items]    
Loans and Leases Receivable, Gross 625 642
Consumer [Member] | Pass [Member]    
Financing Receivable, Allowance for Credit Losses [Line Items]    
Loans and Leases Receivable, Gross 625 642
Construction [Member] | Commercial [Member]    
Financing Receivable, Allowance for Credit Losses [Line Items]    
Loans and Leases Receivable, Gross 4,906 6,100
Construction [Member] | Commercial [Member] | Pass [Member]    
Financing Receivable, Allowance for Credit Losses [Line Items]    
Loans and Leases Receivable, Gross 4,597 5,789
Construction [Member] | Commercial [Member] | Substandard [Member]    
Financing Receivable, Allowance for Credit Losses [Line Items]    
Loans and Leases Receivable, Gross $ 309 $ 311
v3.22.1
Loans And Credit Quality (Schedule Of Impaired Loans) (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Financing Receivable, Impaired [Line Items]      
Recorded Investment, With no related allowance recorded $ 2,400    
Recorded Investment, With an allowance recorded 1,100    
Total Recorded Investment 3,447   $ 3,500
Total Unpaid Principal Balance 3,757   3,810
Related Allowance 159   164
Total Average Recorded Investment Impaired 3,474 $ 3,831  
Total Interest Income Recognized 30 39  
Commercial real estate [Member]      
Financing Receivable, Impaired [Line Items]      
Recorded Investment, With no related allowance recorded 1,418   1,433
Total Recorded Investment 1,418   1,433
Unpaid Principal Balance, With no related allowance recorded 1,658   1,673
Total Unpaid Principal Balance 1,658   1,673
Average Recorded Investment, With no related allowance recorded 1,426 846  
Average Recorded Investment, With an allowance recorded   693  
Total Average Recorded Investment Impaired 1,426 1,539  
Interest Income Recognized, With no related allowance recorded 16 15  
Interest Income Recognized, With an allowance recorded   7  
Total Interest Income Recognized 16 22  
Commercial [Member]      
Financing Receivable, Impaired [Line Items]      
Recorded Investment, With an allowance recorded 246   248
Total Recorded Investment 246   248
Unpaid Principal Balance, With an allowance recorded 246   248
Total Unpaid Principal Balance 246   248
Related Allowance 40   41
Average Recorded Investment, With an allowance recorded 247 229  
Total Average Recorded Investment Impaired 247 229  
Interest Income Recognized, With an allowance recorded 2 2  
Total Interest Income Recognized 2 2  
Residential real estate [Member]      
Financing Receivable, Impaired [Line Items]      
Recorded Investment, With no related allowance recorded 904   932
Recorded Investment, With an allowance recorded 570   576
Total Recorded Investment 1,474   1,508
Unpaid Principal Balance, With no related allowance recorded 974   1,002
Unpaid Principal Balance, With an allowance recorded 570   576
Total Unpaid Principal Balance 1,544   1,578
Related Allowance 114   116
Average Recorded Investment, With no related allowance recorded 918 1,148  
Average Recorded Investment, With an allowance recorded 573 600  
Total Average Recorded Investment Impaired 1,491 1,748  
Interest Income Recognized, With no related allowance recorded 4 7  
Interest Income Recognized, With an allowance recorded 5 5  
Total Interest Income Recognized 9 12  
Construction [Member] | Commercial [Member]      
Financing Receivable, Impaired [Line Items]      
Recorded Investment, With no related allowance recorded 55   55
Recorded Investment, With an allowance recorded 254   256
Total Recorded Investment 309   311
Unpaid Principal Balance, With no related allowance recorded 55   55
Unpaid Principal Balance, With an allowance recorded 254   256
Total Unpaid Principal Balance 309   311
Related Allowance 5   $ 7
Average Recorded Investment, With no related allowance recorded 55 315  
Average Recorded Investment, With an allowance recorded 255    
Total Average Recorded Investment Impaired 310 315  
Interest Income Recognized, With no related allowance recorded 1 3  
Interest Income Recognized, With an allowance recorded 2    
Total Interest Income Recognized $ 3 $ 3  
v3.22.1
Loans And Credit Quality (Schedule Of Nonaccrual Loans) (Details) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Non-Accrual Loans $ 229 $ 242
Residential real estate [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Non-Accrual Loans $ 229 $ 242
v3.22.1
Loans And Credit Quality (Schedule Of Past Due Loans) (Details) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loan Receivables $ 1,104,226 $ 1,108,014
30-59 Days Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loan Receivables 74  
60-89 Days Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loan Receivables   12
Greater than 90 Days Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loan Receivables 217 217
Total Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loan Receivables 291 229
Current [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loan Receivables 1,103,935 1,107,785
Commercial real estate [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loan Receivables 438,463 440,655
Commercial real estate [Member] | Current [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loan Receivables 438,463 440,655
Commercial [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loan Receivables 39,963 41,923
Commercial [Member] | Current [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loan Receivables 39,963 41,923
Residential real estate [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loan Receivables 620,269 618,694
Residential real estate [Member] | 30-59 Days Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loan Receivables 74  
Residential real estate [Member] | 60-89 Days Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loan Receivables   12
Residential real estate [Member] | Greater than 90 Days Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loan Receivables 217 217
Residential real estate [Member] | Total Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loan Receivables 291 229
Residential real estate [Member] | Current [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loan Receivables 619,978 618,465
Consumer [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loan Receivables 625 642
Consumer [Member] | Current [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loan Receivables 625 642
Construction [Member] | Commercial [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loan Receivables 4,906 6,100
Construction [Member] | Commercial [Member] | Current [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loan Receivables $ 4,906 $ 6,100
v3.22.1
Loans And Credit Quality (Activity In Allowance For Loan Losses) (Details) - USD ($)
 1 Months Ended 3 Months Ended
Apr. 30, 2022
Mar. 31, 2022
Mar. 31, 2021
Financing Receivable, Allowance for Credit Losses [Line Items]      
Beginning balance $ 11,485,000 $ 11,484,000 $ 10,570,000
Charge-offs 0   (2,000)
Recoveries   1,000 1,000
Provisions     465,000
Ending balance   11,485,000 11,034,000
Commercial real estate [Member]      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Beginning balance 4,631,000 4,400,000 4,379,000
Provisions   231,000 308,000
Ending balance   4,631,000 4,687,000
Commercial [Member]      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Beginning balance 1,303,000 1,328,000 848,000
Provisions   (25,000) 68,000
Ending balance   1,303,000 916,000
Commercial [Member] | Construction [Member]      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Beginning balance 59,000 71,000 150,000
Provisions   (12,000) (37,000)
Ending balance   59,000 113,000
Residential real estate [Member]      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Beginning balance 5,037,000 4,718,000 4,485,000
Recoveries   1,000 1,000
Provisions   318,000 11,000
Ending balance   5,037,000 4,497,000
Consumer [Member]      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Beginning balance 10,000 14,000 14,000
Charge-offs     (2,000)
Provisions   (4,000)  
Ending balance   10,000 12,000
Unallocated [Member]      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Beginning balance $ 445,000 953,000 694,000
Provisions   (508,000) 115,000
Ending balance   $ 445,000 $ 809,000
v3.22.1
Loans And Credit Quality (Allocation Of Allowance For Loan Losses And Related Loan Portfolio) (Details) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Mar. 31, 2021
Dec. 31, 2020
Financing Receivable, Allowance for Credit Losses [Line Items]        
Allowance for Loan Losses, Ending Balance $ 11,485 $ 11,484 $ 11,034 $ 10,570
Allowance for Loan Losses, Ending balance: individually evaluated for impairment 159 164    
Allowance for Loan Losses, Ending balance: collectively evaluated for impairment 11,326 11,320    
Ending Balance 1,104,226 1,108,014    
Loans receivables, Ending balance: individually evaluated for impairment 3,447 3,500    
Loans receivables, Ending balance: collectively evaluated for impairment 1,100,779 1,104,514    
Commercial real estate [Member]        
Financing Receivable, Allowance for Credit Losses [Line Items]        
Allowance for Loan Losses, Ending Balance 4,631 4,400 4,687 4,379
Allowance for Loan Losses, Ending balance: collectively evaluated for impairment 4,631 4,400    
Ending Balance 438,463 440,655    
Loans receivables, Ending balance: individually evaluated for impairment 1,418 1,433    
Loans receivables, Ending balance: collectively evaluated for impairment 437,045 439,222    
Commercial [Member]        
Financing Receivable, Allowance for Credit Losses [Line Items]        
Allowance for Loan Losses, Ending Balance 1,303 1,328 916 848
Allowance for Loan Losses, Ending balance: individually evaluated for impairment 40 41    
Allowance for Loan Losses, Ending balance: collectively evaluated for impairment 1,263 1,287    
Ending Balance 39,963 41,923    
Loans receivables, Ending balance: individually evaluated for impairment 246 248    
Loans receivables, Ending balance: collectively evaluated for impairment 39,717 41,675    
Commercial [Member] | Construction [Member]        
Financing Receivable, Allowance for Credit Losses [Line Items]        
Allowance for Loan Losses, Ending Balance 59 71 113 150
Allowance for Loan Losses, Ending balance: individually evaluated for impairment 5 7    
Allowance for Loan Losses, Ending balance: collectively evaluated for impairment 54 64    
Ending Balance 4,906 6,100    
Loans receivables, Ending balance: individually evaluated for impairment 309 311    
Loans receivables, Ending balance: collectively evaluated for impairment 4,597 5,789    
Residential real estate [Member]        
Financing Receivable, Allowance for Credit Losses [Line Items]        
Allowance for Loan Losses, Ending Balance 5,037 4,718 4,497 4,485
Allowance for Loan Losses, Ending balance: individually evaluated for impairment 114 116    
Allowance for Loan Losses, Ending balance: collectively evaluated for impairment 4,923 4,602    
Ending Balance 620,269 618,694    
Loans receivables, Ending balance: individually evaluated for impairment 1,474 1,508    
Loans receivables, Ending balance: collectively evaluated for impairment 618,795 617,186    
Consumer [Member]        
Financing Receivable, Allowance for Credit Losses [Line Items]        
Allowance for Loan Losses, Ending Balance 10 14 12 14
Allowance for Loan Losses, Ending balance: collectively evaluated for impairment 10 14    
Ending Balance 625 642    
Loans receivables, Ending balance: collectively evaluated for impairment 625 642    
Unallocated [Member]        
Financing Receivable, Allowance for Credit Losses [Line Items]        
Allowance for Loan Losses, Ending Balance 445 953 $ 809 $ 694
Allowance for Loan Losses, Ending balance: collectively evaluated for impairment $ 445 $ 953    
v3.22.1
Loans And Credit Quality (Troubled Debt Restructuring Outstanding) (Details) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Financing Receivable, Modifications [Line Items]    
Total Modifications $ 2,325 $ 2,350
Accrual Loans [Member]    
Financing Receivable, Modifications [Line Items]    
Total Modifications 2,313 2,337
Non-Accrual Loans [Member]    
Financing Receivable, Modifications [Line Items]    
Total Modifications 12 13
Commercial real estate [Member]    
Financing Receivable, Modifications [Line Items]    
Total Modifications 1,017 1,027
Commercial real estate [Member] | Accrual Loans [Member]    
Financing Receivable, Modifications [Line Items]    
Total Modifications 1,017 1,027
Commercial [Member]    
Financing Receivable, Modifications [Line Items]    
Total Modifications 246 248
Commercial [Member] | Accrual Loans [Member]    
Financing Receivable, Modifications [Line Items]    
Total Modifications 246 248
Commercial [Member] | Construction [Member]    
Financing Receivable, Modifications [Line Items]    
Total Modifications 254 256
Commercial [Member] | Construction [Member] | Accrual Loans [Member]    
Financing Receivable, Modifications [Line Items]    
Total Modifications 254 256
Residential real estate [Member]    
Financing Receivable, Modifications [Line Items]    
Total Modifications 808 819
Residential real estate [Member] | Accrual Loans [Member]    
Financing Receivable, Modifications [Line Items]    
Total Modifications 796 806
Residential real estate [Member] | Non-Accrual Loans [Member]    
Financing Receivable, Modifications [Line Items]    
Total Modifications $ 12 $ 13
v3.22.1
Deposits (Components Of Deposits) (Details) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Deposits [Abstract]    
Demand, non-interest bearing $ 340,724 $ 323,513
Demand, NOW and money market, interest bearing 251,249 248,401
Savings 763,854 739,637
Time, $250 and over 55,841 54,739
Time, other 94,943 100,735
Total Deposits $ 1,506,611 $ 1,467,025
v3.22.1
Deposits (Scheduled Maturities Of Time Deposits) (Details)
$ in Thousands
Mar. 31, 2022
USD ($)
Deposits [Abstract]  
2022 (remainder of the year) $ 81,228
2023 57,875
2024 6,984
2025 2,007
2026 2,126
2027 564
Total time deposits $ 150,784
v3.22.1
Short-Term And Long-Term Borrowings (Narrative) (Details) - USD ($)
 3 Months Ended
Mar. 31, 2022
Dec. 31, 2021
Line of Credit Facility [Line Items]    
Federal Home Loan Bank advance period 60 months  
Maximum borrowing capacity $ 714,300,000  
Short-term advances with FHLB outstanding 0 $ 0
Long-term advances FHLB 0 14,700,000
Federal Home Loan Bank Advances [Member]    
Line of Credit Facility [Line Items]    
Line of credit, maximum borrowing capacity 150,000,000.0  
Atlantic Community Bankers Bank (ACBB) [Member    
Line of Credit Facility [Line Items]    
Line of credit, maximum borrowing capacity 10,000,000.0 10,000,000.0
Line of credit outstanding 0 0
Atlantic Community Bankers Bank (ACBB) [Member | Revolving Line of Credit Facility [Member]    
Line of Credit Facility [Line Items]    
Line of credit, maximum borrowing capacity 5,000,000.0 5,000,000.0
Line of credit outstanding $ 0 $ 0
v3.22.1
Stock Incentive Plan And Employee Stock Purchase Plan (Narrative) (Details) - USD ($)
 3 Months Ended 63 Months Ended 138 Months Ended
Jun. 20, 2019
Jan. 01, 2017
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2022
Stock Options [Member]            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Stock options granted     0 0    
Unrecognized compensation cost     $ 0   $ 0 $ 0
Restricted Stock [Member]            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Awards granted     10,701 12,009   220,307
Restricted stock awards compensation expense     $ 292,000 $ 246,000    
Minimum [Member] | Restricted Stock [Member]            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Award vesting period     2 years      
Maximum [Member] | Restricted Stock [Member]            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Award vesting period     9 years      
2010 Stock Incentive Plan [Member]            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Award expiration date     Jun. 20, 2029      
Shares available for issuance     419,806   419,806 419,806
2010 Stock Incentive Plan [Member] | Maximum [Member]            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Award vesting period 10 years          
Number of shares authorized 756,356          
Employee Stock Purchase Plan [Member]            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Number of shares authorized     350,000   350,000 350,000
Purchase price for share percentage equal to fair value of such shares   95.00%        
Maximum discount to fair value percentage   15.00%        
Employee stock purchase plan, discount expense     $ 1,000 $ 1,000    
Shares issued during period         19,221  
Employee Stock Purchase Plan [Member] | Minimum [Member]            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Minimum work hours per week   20 hours        
Minimum months to be eligible to participate   5 months        
v3.22.1
Other Comprehensive Loss (Components Of Other Comprehensive Loss, Both Before Tax And Net Of Tax) (Details) - USD ($)
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Other Comprehensive Loss [Abstract]    
Unrealized holding losses on securities available for sale, Before Tax $ (30,449,000) $ (2,546,000)
Unrealized holding losses on securities available for sale, Tax Effect 6,394,000 535,000
Unrealized holding losses on securities available for sale, Net of Tax (24,055,000) (2,011,000)
Reclassification adjustments for gains on securities transactions included in net income, Before Tax (24,000)
Reclassification adjustments for gains on securities transactions included in net income: Tax Effect 5,000
Reclassification adjustments for gains on securities transactions included in net income: Net of Tax (19,000)
Total other comprehensive loss, before tax (30,449,000) (2,570,000)
Total other comprehensive loss, Tax Effect 6,394,000 540,000
Other comprehensive loss, net of tax $ (24,055,000) $ (2,030,000)
v3.22.1
Other Comprehensive Loss (Summary Of Realized Gains On Securities Available For Sale, Net Of Tax) (Details) - USD ($)
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Other Comprehensive Loss [Abstract]    
Realized gains on securities transactions $ (24,000)
Income taxes 5,000
Reclassification adjustments for gains on securities transactions included in net income: Net of Tax $ (19,000)
v3.22.1
Other Comprehensive Loss (Summary Of Accumulated Other Comprehensive (Loss) Income, Net Of Tax) (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Other Comprehensive Loss [Abstract]    
Beginning Balance $ (1,194) $ 2,937
Other comprehensive loss before reclassifications (24,055) (2,011)
Amounts reclassified from accumulated other comprehensive (loss) income   (19)
Other comprehensive loss, net of tax (24,055) (2,030)
Ending Balance $ (25,249) $ 907
v3.22.1
Basic And Diluted Earnings Per Share (Narrative) (Details) - shares
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Basic And Diluted Earnings Per Share [Abstract]    
Antidilutive securities excluded from computation of diluted earnings per share 0 0
v3.22.1
Basic And Diluted Earnings Per Share (Earnings Per Share) (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Basic And Diluted Earnings Per Share [Abstract]    
Net income $ 4,201 $ 4,044
Weighted average shares outstanding 7,546,144 7,532,246
Dilutive effect of potential common shares, stock options 19,865 33,235
Weighted Average Number of Shares Outstanding, Diluted, Total 7,566,009 7,565,481
Basic earnings per share $ 0.56 $ 0.54
Diluted earnings per share $ 0.56 $ 0.53
v3.22.1
Fair Value Measurements (Narrative) (Details) - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Fair Value Of Financial Instruments [Abstract]    
Impaired loans aggregate balance $ 3,447,000 $ 3,500,000
Impaired loans without related allowance 2,400,000  
Impaired loans with related allowance 1,100,000  
Related Allowance 159,000 164,000
Real estate properties acquired through foreclosure $ 0 $ 0
v3.22.1
Fair Value Of Financial Instruments (Fair Value Of Financial Assets Measured On Recurring Basis) (Details) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Debt Securities $ 342,117 $ 310,264
U.S Government Agency Obligations [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Debt Securities 32,911 28,858
Municipal Bonds [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Debt Securities 61,830 61,104
U.S. GSE - Mortgage-backed Securities [Member] | Commercial RealEstate [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Debt Securities 480 530
U.S. GSE - Mortgage-backed Securities [Member] | Residential [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Debt Securities 246,896 219,772
(Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Fair Value, Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Debt Securities
(Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Fair Value, Recurring [Member] | U.S Government Agency Obligations [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Debt Securities
(Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Fair Value, Recurring [Member] | Municipal Bonds [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Debt Securities
(Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Fair Value, Recurring [Member] | U.S. GSE - Mortgage-backed Securities [Member] | Commercial RealEstate [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Debt Securities
(Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Fair Value, Recurring [Member] | U.S. GSE - Mortgage-backed Securities [Member] | Residential [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Debt Securities
(Level 2) Significant Other Observable Inputs [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Debt Securities 342,117 310,264
(Level 2) Significant Other Observable Inputs [Member] | Fair Value, Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Debt Securities 342,117 310,264
(Level 2) Significant Other Observable Inputs [Member] | Fair Value, Recurring [Member] | U.S Government Agency Obligations [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Debt Securities 32,911 28,858
(Level 2) Significant Other Observable Inputs [Member] | Fair Value, Recurring [Member] | Municipal Bonds [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Debt Securities 61,830 61,104
(Level 2) Significant Other Observable Inputs [Member] | Fair Value, Recurring [Member] | U.S. GSE - Mortgage-backed Securities [Member] | Commercial RealEstate [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Debt Securities 480 530
(Level 2) Significant Other Observable Inputs [Member] | Fair Value, Recurring [Member] | U.S. GSE - Mortgage-backed Securities [Member] | Residential [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Debt Securities 246,896 219,772
(Level 3) Significant Unobservable Inputs [Member] | Fair Value, Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Debt Securities
(Level 3) Significant Unobservable Inputs [Member] | Fair Value, Recurring [Member] | U.S Government Agency Obligations [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Debt Securities
(Level 3) Significant Unobservable Inputs [Member] | Fair Value, Recurring [Member] | Municipal Bonds [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Debt Securities
(Level 3) Significant Unobservable Inputs [Member] | Fair Value, Recurring [Member] | U.S. GSE - Mortgage-backed Securities [Member] | Commercial RealEstate [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Debt Securities
(Level 3) Significant Unobservable Inputs [Member] | Fair Value, Recurring [Member] | U.S. GSE - Mortgage-backed Securities [Member] | Residential [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Debt Securities
v3.22.1
Fair Value Of Financial Instruments (Fair Value Of Financial Assets Measured On Nonrecurring Basis) (Details) - Impaired Loans [Member] - Fair Value, Nonrecurring [Member] - FV determined through independent appraisals of the underlying collateral [Member] - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value Estimate $ 911 $ 916
(Level 3) Significant Unobservable Inputs [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value Estimate $ 911 $ 916
v3.22.1
Fair Value Of Financial Instruments (Quantitative Information About Level 3 Fair Value Measurements) (Details) - Impaired Loans [Member] - (Level 3) Significant Unobservable Inputs [Member] - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2022
Dec. 31, 2021
Appraisal Adjustment [Member] | Fair Value, Nonrecurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets fair value $ 911 $ 916
Appraisal Adjustment [Member] | Minimum [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Range (25.00%) (25.00%)
Appraisal Adjustment [Member] | Maximum [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Range 0.00% 0.00%
Appraisal Adjustment [Member] | Weighted Average [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Range (22.80%) (22.80%)
Liquidation Expenses [Member] | Minimum [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Range (8.50%) (8.50%)
Liquidation Expenses [Member] | Maximum [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Range 0.00% 0.00%
Liquidation Expenses [Member] | Weighted Average [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Range (7.70%) (7.70%)
v3.22.1
Fair Value Of Financial Instruments (Estimated Fair Value Of Financial Instruments) (Details) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Securities available for sale $ 342,117 $ 310,264
Paycheck Protection Program loans receivable 2,125 8,568
Carrying Amount [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Cash and cash equivalents 150,269 169,692
Securities available for sale 342,117 310,264
Loans receivable, net of allowance 1,092,785 1,096,555
Paycheck Protection Program loans receivable 2,125 8,568
Restricted investments in bank stock 838 1,424
Accrued interest receivable 2,714 2,603
Deposits 1,506,611 1,467,025
Securities sold under agreements to repurchase and federal funds purchased 13,227 11,252
Long-term borrowings   14,651
Accrued interest payable 625 652
Fair Value Estimate [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Cash and cash equivalents 150,269 169,692
Securities available for sale 342,117 310,264
Loans receivable, net of allowance 1,130,635 1,141,467
Paycheck Protection Program loans receivable 1,995 8,163
Restricted investments in bank stock 838 1,424
Accrued interest receivable 2,714 2,603
Deposits 1,505,534 1,467,938
Securities sold under agreements to repurchase and federal funds purchased 13,227 11,252
Long-term borrowings   14,665
Accrued interest payable 625 652
(Level 1) Quoted Prices in Active Markets for Identical Assets [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Cash and cash equivalents 150,269 169,692
(Level 2) Significant Other Observable Inputs [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Securities available for sale 342,117 310,264
Restricted investments in bank stock 838 1,424
Accrued interest receivable 2,714 2,603
Deposits 1,505,534 1,467,938
Securities sold under agreements to repurchase and federal funds purchased 13,227 11,252
Accrued interest payable 625 652
(Level 3) Significant Unobservable Inputs [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Loans receivable, net of allowance 1,130,635 1,141,467
Paycheck Protection Program loans receivable 1,995 8,163
Long-term borrowings   14,665
Commitments to grant loans [Member] | Carrying Amount [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Off-balance sheet financial instruments
Commitments to grant loans [Member] | Fair Value Estimate [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Off-balance sheet financial instruments
Commitments to grant loans [Member] | (Level 1) Quoted Prices in Active Markets for Identical Assets [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Off-balance sheet financial instruments
Commitments to grant loans [Member] | (Level 2) Significant Other Observable Inputs [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Off-balance sheet financial instruments
Commitments to grant loans [Member] | (Level 3) Significant Unobservable Inputs [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Off-balance sheet financial instruments
Unfunded commitments underlines of credit [Member] | Carrying Amount [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Off-balance sheet financial instruments
Unfunded commitments underlines of credit [Member] | Fair Value Estimate [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Off-balance sheet financial instruments
Unfunded commitments underlines of credit [Member] | (Level 1) Quoted Prices in Active Markets for Identical Assets [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Off-balance sheet financial instruments
Unfunded commitments underlines of credit [Member] | (Level 2) Significant Other Observable Inputs [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Off-balance sheet financial instruments
Unfunded commitments underlines of credit [Member] | (Level 3) Significant Unobservable Inputs [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Off-balance sheet financial instruments
Standby Letters of Credit [Member] | Carrying Amount [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Off-balance sheet financial instruments
Standby Letters of Credit [Member] | Fair Value Estimate [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Off-balance sheet financial instruments
Standby Letters of Credit [Member] | (Level 1) Quoted Prices in Active Markets for Identical Assets [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Off-balance sheet financial instruments
Standby Letters of Credit [Member] | (Level 2) Significant Other Observable Inputs [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Off-balance sheet financial instruments
Standby Letters of Credit [Member] | (Level 3) Significant Unobservable Inputs [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Off-balance sheet financial instruments