Loans (Tables)

6 Months Ended

Jun. 30, 2025

Financing Receivable, Current, Allowance for Credit Loss

An analysis of the allowance for credit losses by portfolio segment for the three months ended June 30, follows:


	Commercial		Mortgage		Installment		Subjective Allocation		Total
	(In thousands)
2025
Balance at beginning of period	$	24,297	$	20,036	$	2,887	$	12,815	$	60,035
Additions (deductions)
Provision for credit losses	1,651		760		400		(1,315)		1,496
Recoveries credited to the allowance	20		48		513		—		581
Loans charged against the allowance	(78)		(92)		(785)		—		(955)
Balance at end of period	$	25,890	$	20,752	$	3,015	$	11,500	$	61,157

2024
Balance at beginning of period	$	18,982	$	20,903	$	3,836	$	12,592	$	56,313
Additions (deductions)
Provision for credit losses	(77)		(154)		212		38		19
Recoveries credited to the allowance	74		57		668		—		799
Loans charged against the allowance	—		(75)		(815)		—		(890)
Balance at end of period	$	18,979	$	20,731	$	3,901	$	12,630	$	56,241

An analysis of the ACL by portfolio segment for the six months ended June 30, follows:


	Commercial		Mortgage		Installment		Subjective Allocation		Total
	(In thousands)
2025
Balance at beginning of period	$	22,872	$	22,317	$	3,040	$	11,150	$	59,379
Additions (deductions)
Provision for credit losses	3,030		(1,619)		459		350		2,220
Recoveries credited to the allowance	66		170		895		—		1,131
Loans charged against the allowance	(78)		(116)		(1,379)		—		(1,573)
Balance at end of period	$	25,890	$	20,752	$	3,015	$	11,500	$	61,157

2024
Balance at beginning of period	$	16,724	$	21,386	$	4,126	$	12,422	$	54,658
Additions (deductions)
Provision for credit losses	2,117		(520)		85		208		1,890
Recoveries credited to the allowance	138		139		1,118		—		1,395
Loans charged against the allowance	—		(274)		(1,428)		—		(1,702)
Balance at end of period	$	18,979	$	20,731	$	3,901	$	12,630	$	56,241

Financing Receivable, Nonaccrual

Loans on non-accrual status and past due more than 90 days (“Non-performing Loans”) follow:


	Non- Accrual with no Allowance for Credit Loss		Non- Accrual with an Allowance for Credit Loss		Total Non- Accrual		90+ and Still Accruing		Total Non- Performing Loans
	(In thousands)
June 30, 2025
Commercial
Commercial and industrial (1)	$	—	$	—	$	—	$	—	$	—
Commercial real estate	—		—		—		—		—
Mortgage
1-4 family owner occupied - jumbo	1,480		576		2,056				2,056
1-4 family owner occupied - non-jumbo (2)	1,497		1,330		2,827		—		2,827
1-4 family non-owner occupied	714		292		1,006		—		1,006
1-4 family - 2nd lien	732		693		1,425		—		1,425
Resort lending	—		57		57		—		57
Installment
Boat lending	—		415		415		—		415
Recreational vehicle lending	—		274		274		—		274
Other	—		144		144		—		144
Total	$	4,423	$	3,781	$	8,204	$	—	$	8,204

Accrued interest excluded from total	$	—	$	—	$	—	$	—	$	—

December 31, 2024
Commercial
Commercial and industrial (1)	$	—	$	49	$	49	$	—	$	49
Commercial real estate	—		—		—		—		—
Mortgage
1-4 family owner occupied - jumbo	1,480		—		1,480		—		1,480
1-4 family owner occupied - non-jumbo (2)	1,929		496		2,425		—		2,425
1-4 family non-owner occupied	—		157		157		—		157
1-4 family - 2nd lien	246		769		1,015		—		1,015
Resort lending	—		143		143		—		143
Installment
Boat lending	—		209		209		—		209
Recreational vehicle lending	—		377		377		—		377
Other	—		147		147		—		147
Total	$	3,655	$	2,347	$	6,002	$	—	$	6,002

Accrued interest excluded from total	$	—	$	—	$	—	$	—	$	—

(1)Non-performing commercial and industrial loans exclude zero and $0.005 million of government guaranteed loans at June 30, 2025 and December 31, 2024, respectively.

(2)Non-performing 1-4 family owner occupied – non jumbo loans exclude $2.249 million and $1.785 million of government guaranteed loans at June 30, 2025 and December 31, 2024, respectively.

Amortized Cost of Collateral-dependent Loans by Class

The amortized cost of collateral-dependent loans by class follows:


	Collateral Type				Allowance for Credit Losses
	Real Estate		Other (1)
	(In thousands)
June 30, 2025
Commercial
Commercial and industrial	$	694	$	10,077	$	930
Commercial real estate	16,242		—		2,817
Mortgage
1-4 family owner occupied - jumbo	2,140		—		—
1-4 family owner occupied - non-jumbo	2,431		—		332
1-4 family non-owner occupied	809		—		34
1-4 family - 2nd lien	1,032		—		107
Resort lending	57		—		20
Installment
Boat lending	—		715		284
Recreational vehicle lending	—		194		69
Other	—		36		13
Total	$	23,405	$	11,022	$	4,606

Accrued interest excluded from total	$	91	$	54

December 31, 2024
Commercial
Commercial and industrial	$	686	$	5,166	$	1,647
Commercial real estate	817		—		3
Mortgage
1-4 family owner occupied - jumbo	1,480		—		—
1-4 family owner occupied - non-jumbo	2,903		—		347
1-4 family non-owner occupied	—		—		—
1-4 family - 2nd lien	510		—		94
Resort lending	143		—		51
Installment
Boat lending	—		87		31
Recreational vehicle lending	—		266		94
Other	—		92		33
Total	$	6,539	$	5,611	$	2,300

Accrued interest excluded from total	$	5	$	34

(1) Commercial and industrial loan collateral generally includes machinery and equipment, accounts receivable, and inventory.

Aging Analysis of Loans by Class

An aging analysis of loans by class follows:


	Loans Past Due								Loans not Past Due		Total Loans
	30-59 days		60-89 days		90+ days		Total
	(In thousands)
June 30, 2025
Commercial
Commercial and industrial	$	—	$	—	$	—	$	—	$	1,101,053	$	1,101,053
Commercial real estate	—		—		—		—		967,028		967,028
Mortgage
1-4 family owner occupied - jumbo	2,056		—		1,480		3,536		882,760		886,296
1-4 family owner occupied - non-jumbo	1,222		968		1,643		3,833		293,157		296,990
1-4 family non-owner occupied	333		715		95		1,143		168,000		169,143
1-4 family - 2nd lien	965		479		342		1,786		145,835		147,621
Resort lending	—		—		57		57		28,253		28,310
Installment
Boat lending	458		450		328		1,236		270,359		271,595
Recreational vehicle lending	608		337		122		1,067		204,978		206,045
Other	286		147		36		469		89,817		90,286
Total	$	5,928	$	3,096	$	4,103	$	13,127	$	4,151,240	$	4,164,367

Accrued interest excluded from total	$	59	$	18	$	—	$	77	$	13,929	$	14,006

December 31, 2024
Commercial
Commercial and industrial	$	78	$	—	$	54	$	132	$	1,001,197	$	1,001,329
Commercial real estate	—		—		—		—		936,035		936,035
Mortgage
1-4 family owner occupied - jumbo	755		664		1,480		2,899		872,652		875,551
1-4 family owner occupied - non-jumbo	3,395		1,653		1,201		6,249		292,893		299,142
1-4 family non-owner occupied	329		—		—		329		176,621		176,950
1-4 family - 2nd lien	648		66		345		1,059		132,888		133,947
Resort lending	—		—		143		143		30,993		31,136
Installment
Boat lending	281		99		87		467		263,874		264,341
Recreational vehicle lending	622		395		190		1,207		223,330		224,537
Other	231		158		25		414		95,443		95,857
Total	$	6,339	$	3,035	$	3,525	$	12,899	$	4,025,926	$	4,038,825
Accrued interest excluded from total	$	65	$	44	$	—	$	109	$	13,352	$	13,461

Loan Ratings by Loan Class

The following tables summarize loan ratings by loan class for our commercial portfolio loan segment at June 30, 2025 and December 31, 2024:


	Commercial
	Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Total
	2025		2024		2023		2022		2021		Prior
	(In thousands)
June 30, 2025
Commercial and industrial
Non-watch (1-6)	$	86,364	$	200,536	$	150,043	$	122,085	$	63,567	$	158,230	$	282,440	$	1,063,265
Watch (7-8)	100		1,567		2,552		1,036		9,244		7,338		5,182		27,019
Substandard Accrual (9)	—		2,379		1,895		1,280		3,171		306		1,738		10,769
Non-Accrual (10-11)	—		—		—		—		—		—		—		—
Total	$	86,464	$	204,482	$	154,490	$	124,401	$	75,982	$	165,874	$	289,360	$	1,101,053
Accrued interest excluded from total	$	242	$	614	$	505	$	311	$	212	$	613	$	1,062	$	3,559
Current period gross charge-offs	$	—	$	—	$	78	$	—	$	—	$	—	$	—	$	78

Commercial real estate
Non-watch (1-6)	$	86,538	$	156,275	$	209,394	$	161,609	$	72,819	$	185,589	$	55,234	$	927,458
Watch (7-8)	—		1,324		—		16,680		—		5,323		—		23,327
Substandard Accrual (9)	—		—		15,445		—		131		667		—		16,243
Non-Accrual (10-11)	—		—		—		—		—		—		—		—
Total	$	86,538	$	157,599	$	224,839	$	178,289	$	72,950	$	191,579	$	55,234	$	967,028
Accrued interest excluded from total	$	290	$	564	$	718	$	627	$	152	$	649	$	213	$	3,213
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Total Commercial
Non-watch (1-6)	$	172,902	$	356,811	$	359,437	$	283,694	$	136,386	$	343,819	$	337,674	$	1,990,723
Watch (7-8)	100		2,891		2,552		17,716		9,244		12,661		5,182		50,346
Substandard Accrual (9)	—		2,379		17,340		1,280		3,302		973		1,738		27,012
Non-Accrual (10-11)	—		—		—		—		—		—		—		—
Total	$	173,002	$	362,081	$	379,329	$	302,690	$	148,932	$	357,453	$	344,594	$	2,068,081
Accrued interest excluded from total	$	532	$	1,178	$	1,223	$	938	$	364	$	1,262	$	1,275	$	6,772
Current period gross charge-offs	$	—	$	—	$	78	$	—	$	—	$	—	$	—	$	78


	Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Total
	2024		2023		2022		2021		2020		Prior
	(In thousands)
December 31, 2024
Commercial and industrial
Non-watch (1-6)	$	183,261	$	137,270	$	142,630	$	71,225	$	72,928	$	106,086	$	242,573	$	955,973
Watch (7-8)	10,348		3,055		1,251		9,002		5,636		336		2,104		31,732
Substandard Accrual (9)	2,693		2,052		1,642		2,208		267		195		4,513		13,570
Non-Accrual (10-11)	—		—		—		47		—		7		—		54
Total	$	196,302	$	142,377	$	145,523	$	82,482	$	78,831	$	106,624	$	249,190	$	1,001,329
Accrued interest excluded from total	$	612	$	478	$	361	$	217	$	342	$	341	$	959	$	3,310
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	4	$	—	$	4

Commercial real estate
Non-watch (1-6)	$	142,154	$	236,390	$	153,321	$	75,053	$	49,969	$	166,966	$	72,879	$	896,732
Watch (7-8)	—		—		16,007		—		—		4,400		18,079		38,486
Substandard Accrual (9)	—		—		—		135		—		682		—		817
Non-Accrual (10-11)	—		—		—		—		—		—		—		—
Total	$	142,154	$	236,390	$	169,328	$	75,188	$	49,969	$	172,048	$	90,958	$	936,035
Accrued interest excluded from total	$	608	$	632	$	628	$	166	$	131	$	658	$	363	$	3,186
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Total Commercial
Non-watch (1-6)	$	325,415	$	373,660	$	295,951	$	146,278	$	122,897	$	273,052	$	315,452	$	1,852,705
Watch (7-8)	10,348		3,055		17,258		9,002		5,636		4,736		20,183		70,218
Substandard Accrual (9)	2,693		2,052		1,642		2,343		267		877		4,513		14,387
Non-Accrual (10-11)	—		—		—		47		—		7		—		54
Total	$	338,456	$	378,767	$	314,851	$	157,670	$	128,800	$	278,672	$	340,148	$	1,937,364
Accrued interest excluded from total	$	1,220	$	1,110	$	989	$	383	$	473	$	999	$	1,322	$	6,496
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	4	$	—	$	4

For each of our mortgage and installment portfolio segment classes, we generally monitor credit quality based on the credit scores of the borrowers. These credit scores are generally updated semi-annually.

The following tables summarize credit scores by loan class for our mortgage and installment loan portfolio segments at June 30, 2025 and December 31, 2024:


	Mortgage (1)
	Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Total
	2025		2024		2023		2022		2021		Prior
	(In thousands)
June 30, 2025
1-4 family owner occupied - jumbo
800 and above	$	3,488	$	5,307	$	14,596	$	40,846	$	59,939	$	31,917	$	1,272	$	157,365
750-799	24,200		36,552		34,676		91,220		186,536		84,604		3,016		460,804
700-749	8,991		18,476		12,976		42,572		55,874		31,831		2,523		173,243
650-699	2,931		4,118		8,141		15,961		14,702		18,196		—		64,049
600-649	—		742		3,232		6,921		2,162		4,603		—		17,660
550-599	—		869		987		2,622		1,673		2,956		—		9,107
500-549	—		—		—		678		722		1,950		—		3,350
Under 500	—		—		—		—		—		718		—		718
Unknown	—		—		—		—		—		—		—		—
Total	$	39,610	$	66,064	$	74,608	$	200,820	$	321,608	$	176,775	$	6,811	$	886,296
Accrued interest excluded from total	$	167	$	330	$	364	$	630	$	732	$	469	$	59	$	2,751
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

1-4 family owner occupied - non-jumbo
800 and above	$	1,985	$	1,574	$	3,231	$	12,348	$	9,304	$	16,349	$	3,854	$	48,645
750-799	7,133		8,953		11,536		29,431		21,445		28,385		14,460		121,343
700-749	1,436		4,426		6,338		9,120		9,211		26,635		4,006		61,172
650-699	8,903		1,937		678		5,027		2,584		15,307		1,541		35,977
600-649	369		—		213		1,741		1,848		6,646		183		11,000
550-599	—		272		491		579		1,244		6,904		55		9,545
500-549	—		—		—		735		262		5,837		129		6,963
Under 500	—		87		—		421		98		1,715		24		2,345
Unknown	—		—		—		—		—		—		—		—
Total	$	19,826	$	17,249	$	22,487	$	59,402	$	45,996	$	107,778	$	24,252	$	296,990
Accrued interest excluded from total	$	37	$	109	$	105	$	198	$	109	$	417	$	180	$	1,155
Current period gross charge-offs	$	—	$	—	$	—	$	19	$	6	$	5	$	—	$	30

1-4 family non-owner occupied
800 and above	$	1,210	$	2,308	$	2,472	$	5,314	$	11,722	$	10,610	$	493	$	34,129
750-799	4,839		13,012		9,508		14,065		27,615		21,451		2,213		92,703
700-749	733		3,836		3,251		6,443		3,784		9,604		951		28,602
650-699	—		26		469		286		3,273		5,766		325		10,145
600-649	—		—		33		60		452		1,457		76		2,078
550-599	—		—		—		79		50		608		—		737
500-549	—		—		—		366		—		192		—		558
Under 500	—		—		—		—		—		191		—		191
Unknown	—		—		—		—		—		—		—		—
Total	$	6,782	$	19,182	$	15,733	$	26,613	$	46,896	$	49,879	$	4,058	$	169,143
Accrued interest excluded from total	$	35	$	87	$	78	$	103	$	136	$	193	$	34	$	666
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


	Mortgage - continued (1)
	Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Total
	2025		2024		2023		2022		2021		Prior
	(In thousands)
June 30, 2025 - continued
1-4 family - 2nd lien
800 and above	$	1,144	$	99	$	799	$	721	$	640	$	2,233	$	15,310	$	20,946
750-799	2,340		3,472		2,492		1,742		2,929		3,818		49,985		66,778
700-749	745		1,423		1,000		1,711		647		2,377		28,346		36,249
650-699	481		202		409		417		488		1,655		11,158		14,810
600-649	—		40		254		90		343		649		2,683		4,059
550-599	—		—		304		72		55		400		1,403		2,234
500-549	—		—		58		180		94		1,037		659		2,028
Under 500	—		—		252		—		—		218		47		517
Unknown	—		—		—		—		—		—		—		—
Total	$	4,710	$	5,236	$	5,568	$	4,933	$	5,196	$	12,387	$	109,591	$	147,621
Accrued interest excluded from total	$	14	$	20	$	24	$	19	$	13	$	40	$	774	$	904
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Resort lending
800 and above	$	—	$	—	$	24	$	—	$	410	$	3,545	$	—	$	3,979
750-799	—		—		—		610		472		13,031		—		14,113
700-749	—		—		—		—		—		4,457		—		4,457
650-699	—		—		—		—		291		4,514		—		4,805
600-649	—		—		—		—		—		557		—		557
550-599	—		—		—		—		—		399		—		399
500-549	—		—		—		—		—		—		—		—
Under 500	—		—		—		—		—		—		—		—
Unknown	—		—		—		—		—		—		—		—
Total	$	—	$	—	$	24	$	610	$	1,173	$	26,503	$	—	$	28,310
Accrued interest excluded from total	$	—	$	—	$	—	$	2	$	3	$	138	$	—	$	143
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	86	$	—	$	86

Total Mortgage
800 and above	$	7,827	$	9,288	$	21,122	$	59,229	$	82,015	$	64,654	$	20,929	$	265,064
750-799	38,512		61,989		58,212		137,068		238,997		151,289		69,674		755,741
700-749	11,905		28,161		23,565		59,846		69,516		74,904		35,826		303,723
650-699	12,315		6,283		9,697		21,691		21,338		45,438		13,024		129,786
600-649	369		782		3,732		8,812		4,805		13,912		2,942		35,354
550-599	—		1,141		1,782		3,352		3,022		11,267		1,458		22,022
500-549	—		—		58		1,959		1,078		9,016		788		12,899
Under 500	—		87		252		421		98		2,842		71		3,771
Unknown	—		—		—		—		—		—		—		—
Total	$	70,928	$	107,731	$	118,420	$	292,378	$	420,869	$	373,322	$	144,712	$	1,528,360
Accrued interest excluded from total	$	253	$	546	$	571	$	952	$	993	$	1,257	$	1,047	$	5,619
Current period gross charge-offs	$	—	$	—	$	—	$	19	$	6	$	91	$	—	$	116


	Mortgage (1)
	Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Total
	2024		2023		2022		2021		2020		Prior
	(In thousands)
December 31, 2024
1-4 family owner occupied - jumbo
800 and above	$	5,009	$	12,192	$	37,147	$	51,242	$	22,126	$	14,291	$	—	$	142,007
750-799	33,118		43,013		106,378		194,725		58,703		35,103		1,275		472,315
700-749	13,981		13,602		40,219		68,687		17,552		11,669		450		166,160
650-699	4,537		10,286		19,366		15,736		6,937		6,555		1,500		64,917
600-649	—		2,265		9,528		1,636		2,288		4,619		—		20,336
550-599	746		—		2,414		1,086		2,803		—		—		7,049
500-549	—		—		—		—		900		664		—		1,564
Under 500	—		485		—		—		—		718		—		1,203
Unknown	—		—		—		—		—		—		—		—
Total	$	57,391	$	81,843	$	215,052	$	333,112	$	111,309	$	73,619	$	3,225	$	875,551
Accrued interest excluded from total	$	264	$	377	$	634	$	712	$	264	$	238	$	31	$	2,520
Current period gross charge-offs	$	—	$	—	$	22	$	—	$	—	$	—	$	—	$	22

1-4 family owner occupied - non-jumbo
800 and above	$	1,919	$	2,113	$	14,018	$	8,928	$	3,089	$	9,138	$	4,066	$	43,271
750-799	12,472		10,604		26,405		21,548		14,028		23,586		10,429		119,072
700-749	7,927		7,110		12,810		9,598		5,492		21,692		4,231		68,860
650-699	8,258		2,758		5,586		4,885		2,262		12,820		1,848		38,417
600-649	682		126		1,001		762		2,459		6,757		180		11,967
550-599	—		213		365		794		996		3,438		40		5,846
500-549	87		—		1,523		948		278		5,780		—		8,616
Under 500	—		—		—		98		652		2,343		—		3,093
Unknown	—		—		—		—		—		—		—		—
Total	$	31,345	$	22,924	$	61,708	$	47,561	$	29,256	$	85,554	$	20,794	$	299,142
Accrued interest excluded from total	$	105	$	139	$	195	$	113	$	77	$	368	$	163	$	1,160
Current period gross charge-offs	$	—	$	—	$	—	$	23	$	—	$	22	$	—	$	45

1-4 family non-owner occupied
800 and above	$	4,122	$	1,557	$	7,468	$	12,757	$	4,204	$	6,975	$	897	$	37,980
750-799	11,433		12,831		15,929		25,543		9,920		16,439		2,539		94,634
700-749	3,372		3,218		6,289		6,401		1,308		6,131		2,072		28,791
650-699	1,016		431		297		4,115		2,552		3,560		332		12,303
600-649	—		—		—		—		410		930		108		1,448
550-599	—		38		—		—		—		919		—		957
500-549	—		—		369		51		—		221		—		641
Under 500	—		—		—		—		—		196		—		196
Unknown	—		—		—		—		—		—		—		—
Total	$	19,943	$	18,075	$	30,352	$	48,867	$	18,394	$	35,371	$	5,948	$	176,950
Accrued interest excluded from total	$	84	$	85	$	119	$	134	$	48	$	166	$	44	$	680
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	158	$	—	$	158


	Mortgage - continued (1)
	Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Total
	2024		2023		2022		2021		2020		Prior
	(In thousands)
December 31, 2024 - (continued)
1-4 family - 2nd lien
800 and above	$	751	$	249	$	219	$	185	$	1,161	$	859	$	12,245	$	15,669
750-799	3,209		2,717		2,290		3,065		1,604		3,825		44,896		61,606
700-749	1,358		942		1,898		1,239		932		2,123		26,687		35,179
650-699	268		450		655		313		251		1,385		10,979		14,301
600-649	—		39		204		197		328		769		2,084		3,621
550-599	—		297		37		51		—		357		512		1,254
500-549	—		59		101		95		—		768		919		1,942
Under 500	—		—		20		—		—		350		5		375
Unknown	—		—		—		—		—		—		—		—
Total	$	5,586	$	4,753	$	5,424	$	5,145	$	4,276	$	10,436	$	98,327	$	133,947
Accrued interest excluded from total	$	19	$	23	$	18	$	11	$	13	$	42	$	720	$	846
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	3	$	22	$	25

Resort lending
800 and above	$	—	$	—	$	—	$	534	$	—	$	4,079	$	—	$	4,613
750-799	—		39		639		740		724		12,845		—		14,987
700-749	—		—		268		—		212		4,851		—		5,331
650-699	—		—		—		—		354		4,622		—		4,976
600-649	—		—		—		—		—		1,051		—		1,051
550-599	—		—		—		—		—		92		—		92
500-549	—		—		—		—		—		86		—		86
Under 500	—		—		—		—		—		—		—		—
Unknown	—		—		—		—		—		—		—		—
Total	$	—	$	39	$	907	$	1,274	$	1,290	$	27,626	$	—	$	31,136
Accrued interest excluded from total	$	—	$	—	$	4	$	3	$	4	$	140	$	—	$	151
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	50	$	—	$	50

Total Mortgage
800 and above	$	11,801	$	16,111	$	58,852	$	73,646	$	30,580	$	35,342	$	17,208	$	243,540
750-799	60,232		69,204		151,641		245,621		84,979		91,798		59,139		762,614
700-749	26,638		24,872		61,484		85,925		25,496		46,466		33,440		304,321
650-699	14,079		13,925		25,904		25,049		12,356		28,942		14,659		134,914
600-649	682		2,430		10,733		2,595		5,485		14,126		2,372		38,423
550-599	746		548		2,816		1,931		3,799		4,806		552		15,198
500-549	87		59		1,993		1,094		1,178		7,519		919		12,849
Under 500	—		485		20		98		652		3,607		5		4,867
Unknown	—		—		—		—		—		—		—		—
Total	$	114,265	$	127,634	$	313,443	$	435,959	$	164,525	$	232,606	$	128,294	$	1,516,726
Accrued interest excluded from total	$	472	$	624	$	970	$	973	$	406	$	954	$	958	$	5,357
Current period gross charge-offs	$	—	$	—	$	22	$	23	$	—	$	233	$	22	$	300

(1)Credit scores have been updated within the last twelve months.


	Installment (1)
	Term Loans Amortized Cost Basis by Origination Year
	2025		2024		2023		2022		2021		Prior		Total
	(In thousands)
June 30, 2025
Boat lending
800 and above	$	6,264	$	4,290	$	7,138	$	8,023	$	6,675	$	11,307	$	43,697
750-799	21,018		22,285		25,951		23,897		22,801		33,205		149,157
700-749	7,051		11,815		7,746		11,572		8,735		11,997		58,916
650-699	813		2,389		2,200		2,475		2,045		3,638		13,560
600-649	200		581		501		581		543		1,092		3,498
550-599	52		79		67		304		420		766		1,688
500-549	—		102		172		194		192		211		871
Under 500	—		—		35		137		—		36		208
Unknown	—		—		—		—		—		—		—
Total	$	35,398	$	41,541	$	43,810	$	47,183	$	41,411	$	62,252	$	271,595
Accrued interest excluded from total	$	132	$	159	$	164	$	113	$	94	$	135	$	797
Current period gross charge-offs	$	—	$	13	$	—	$	39	$	22	$	26	$	100

Recreational vehicle lending
800 and above	$	468	$	1,120	$	3,747	$	9,294	$	8,644	$	9,566	$	32,839
750-799	3,289		9,391		9,488		31,942		28,982		19,323		102,415
700-749	803		4,037		5,224		12,256		15,032		8,709		46,061
650-699	102		1,157		1,727		4,733		4,617		2,921		15,257
600-649	—		357		407		1,044		1,690		724		4,222
550-599	7		136		361		567		1,322		590		2,983
500-549	—		37		159		434		633		380		1,643
Under 500	—		92		81		210		166		76		625
Unknown	—		—		—		—		—		—		—
Total	$	4,669	$	16,327	$	21,194	$	60,480	$	61,086	$	42,289	$	206,045
Accrued interest excluded from total	$	20	$	60	$	82	$	149	$	139	$	96	$	546
Current period gross charge-offs	$	—	$	2	$	46	$	155	$	178	$	72	$	453

Other
800 and above	$	949	$	657	$	1,313	$	1,364	$	822	$	1,039	$	6,144
750-799	4,742		7,955		6,119		5,735		3,353		5,547		33,451
700-749	10,803		5,021		4,042		3,739		2,445		3,723		29,773
650-699	9,410		1,831		1,401		921		814		1,357		15,734
600-649	124		631		321		504		227		453		2,260
550-599	—		225		245		288		184		297		1,239
500-549	—		86		175		227		209		139		836
Under 500	—		12		26		36		33		35		142
Unknown	707		—		—		—		—		—		707
Total	$	26,735	$	16,418	$	13,642	$	12,814	$	8,087	$	12,590	$	90,286
Accrued interest excluded from total	$	35	$	68	$	53	$	32	$	18	$	66	$	272
Current period gross charge-offs	$	714	$	13	$	20	$	35	$	12	$	32	$	826

Total installment
800 and above	$	7,681	$	6,067	$	12,198	$	18,681	$	16,141	$	21,912	$	82,680
750-799	29,049		39,631		41,558		61,574		55,136		58,075		285,023
700-749	18,657		20,873		17,012		27,567		26,212		24,429		134,750
650-699	10,325		5,377		5,328		8,129		7,476		7,916		44,551
600-649	324		1,569		1,229		2,129		2,460		2,269		9,980
550-599	59		440		673		1,159		1,926		1,653		5,910
500-549	—		225		506		855		1,034		730		3,350
Under 500	—		104		142		383		199		147		975
Unknown	707		—		—		—		—		—		707
Total	$	66,802	$	74,286	$	78,646	$	120,477	$	110,584	$	117,131	$	567,926
Accrued interest excluded from total	$	187	$	287	$	299	$	294	$	251	$	297	$	1,615
Current period gross charge-offs	$	714	$	28	$	66	$	229	$	212	$	130	$	1,379


	Installment - continued (1)
	Term Loans Amortized Cost Basis by Origination Year
	2024		2023		2022		2021		2020		Prior		Total
	(In thousands)
December 31, 2024
Boat lending
800 and above	$	6,125	$	6,702	$	8,231	$	7,492	$	3,512	$	9,079	$	41,141
750-799	26,320		29,173		28,608		24,858		11,604		26,792		147,355
700-749	11,397		9,487		11,342		9,807		4,177		9,137		55,347
650-699	2,722		2,888		2,516		2,419		1,191		3,111		14,847
600-649	504		438		1,104		364		148		775		3,333
550-599	—		215		464		394		76		301		1,450
500-549	27		—		135		199		140		238		739
Under 500	—		35		14		—		—		80		129
Unknown	—		—		—		—		—		—		—
Total	$	47,095	$	48,938	$	52,414	$	45,533	$	20,848	$	49,513	$	264,341
Accrued interest excluded from total	$	179	$	178	$	124	$	104	$	50	$	101	$	736
Current period gross charge-offs	$	8	$	8	$	71	$	8	$	49	$	55	$	199

Recreational vehicle lending
800 and above	$	1,365	$	4,270	$	11,721	$	9,776	$	3,382	$	7,262	$	37,776
750-799	10,528		11,173		33,140		32,266		9,398		14,656		111,161
700-749	5,402		5,230		14,093		15,336		4,177		5,500		49,738
650-699	965		1,949		4,278		5,357		1,249		1,836		15,634
600-649	268		697		1,213		2,364		407		502		5,451
550-599	41		183		443		1,075		135		415		2,292
500-549	50		172		638		745		161		207		1,973
Under 500	—		67		156		207		19		63		512
Unknown	—		—		—		—		—		—		—
Total	$	18,619	$	23,741	$	65,682	$	67,126	$	18,928	$	30,441	$	224,537
Accrued interest excluded from total	$	69	$	89	$	156	$	154	$	41	$	67	$	576
Current period gross charge-offs	$	—	$	42	$	321	$	419	$	42	$	110	$	934

Other
800 and above	$	1,342	$	1,323	$	1,788	$	938	$	639	$	831	$	6,861
750-799	9,938		8,029		7,208		4,732		2,013		4,375		36,295
700-749	14,512		4,941		4,232		2,829		1,292		3,278		31,084
650-699	10,551		1,633		1,689		979		430		1,293		16,575
600-649	537		476		522		294		59		418		2,306
550-599	80		211		271		210		21		210		1,003
500-549	—		149		301		229		92		93		864
Under 500	11		17		58		49		3		50		188
Unknown	681		—		—		—		—		—		681
Total	$	37,652	$	16,779	$	16,069	$	10,260	$	4,549	$	10,548	$	95,857
Accrued interest excluded from total	$	96	$	65	$	40	$	22	$	10	$	63	$	296
Current period gross charge-offs	$	1,829	$	98	$	106	$	27	$	8	$	103	$	2,171

Total installment
800 and above	$	8,832	$	12,295	$	21,740	$	18,206	$	7,533	$	17,172	$	85,778
750-799	46,786		48,375		68,956		61,856		23,015		45,823		294,811
700-749	31,311		19,658		29,667		27,972		9,646		17,915		136,169
650-699	14,238		6,470		8,483		8,755		2,870		6,240		47,056
600-649	1,309		1,611		2,839		3,022		614		1,695		11,090
550-599	121		609		1,178		1,679		232		926		4,745
500-549	77		321		1,074		1,173		393		538		3,576
Under 500	11		119		228		256		22		193		829
Unknown	681		—		—		—		—		—		681
Total	$	103,366	$	89,458	$	134,165	$	122,919	$	44,325	$	90,502	$	584,735
Accrued interest excluded from total	$	344	$	332	$	320	$	280	$	101	$	231	$	1,608
Current period gross charge-offs	$	1,837	$	148	$	498	$	454	$	99	$	268	$	3,304

(1)Credit scores have been updated within the last twelve months.