Loans

Schedule of activity in the allowance for loan losses and recorded investment in loans by portfolio segment and based on impairment method


	Three Months Ended June 30, 2025
	Commercial				Commercial
	And		Commercial		Real Estate		Residential		Home
	Industrial		Real Estate		Construction		Real Estate		Equity		Consumer		Total
Allowance for credit losses:
Beginning balance	$	3,809	$	19,295	$	992	$	1,642	$	182	$	453	$	26,373
Provision for credit losses^*		1,400		858		25		(27)		—		(41)		2,215
Charge-offs		(190)		—		—		—		—		(3)		(193)
Recoveries		6		—		—		—		—		7		13
Ending balance	$	5,025	$	20,153	$	1,017	$	1,615	$	182	$	416	$	28,408

* The provision for credit losses on the income statement also includes approximately ($102) associated with off balance sheet ACL.


	Six Months Ended June 30, 2025
	Commercial				Commercial
	and		Commercial		Real Estate		Residential		Home
	Industrial		Real Estate		Construction		Real Estate		Equity		Consumer		Total
Allowance for loan losses:
Beginning balance	$	4,501	$	19,227	$	755	$	962	$	56	$	576	$	26,077
Provision for credit losses^*		700		926		262		653		126		(188)		2,479
Charge-offs		(197)		—		—		—		—		(3)		(200)
Recoveries		21		—		—		—		—		31		52
Ending balance	$	5,025	$	20,153	$	1,017	$	1,615	$	182	$	416	$	28,408

* The provision for credit losses on the income statement also includes approximately ($164) associated with off balance sheet ACL.


	Three Months Ended June 30, 2024
	Commercial				Commercial
	and		Commercial		Real Estate		Residential		Home
	Industrial		Real Estate		Construction		Real Estate		Equity		Consumer		Total
Allowance for credit losses:
Beginning balance	$	5,693	$	17,493	$	722	$	977	$	51	$	537	$	25,473
Provision for credit losses^*		(1,158)		3,469		(70)		111		—		(43)		2,309
Charge-offs		(4)		—		—		—		—		—		(4)
Recoveries		17		—		—		—		—		20		37
Ending balance	$	4,548	$	20,962	$	652	$	1,088	$	51	$	514	$	27,815

* The provision for credit losses on the income statement also includes approximately ($99) associated with off balance sheet ACL.


	Six Months Ended June 30, 2024
	Commercial				Commercial
	and		Commercial		Real Estate		Residential		Home
	Industrial		Real Estate		Construction		Real Estate		Equity		Consumer		Total
Allowance for credit losses:
Beginning balance	$	4,819	$	17,873	$	772	$	1,081	$	51	$	586	$	25,182
Provision for credit losses^*		(288)		3,089		(120)		101		—		(111)		2,671
Charge-offs		(7)		—		—		(94)		—		—		(101)
Recoveries		24		—		—		—		—		39		63
Ending balance	$	4,548	$	20,962	$	652	$	1,088	$	51	$	514	$	27,815

* The provision for credit losses on the income statement also includes approximately ($201) associated with off balance sheet ACL.

The following tables present the balance in the allowance for credit losses and the amortized cost in loans by portfolio segment and based on impairment method as of June 30, 2025 and December 31, 2024:


	Commercial				Commercial
	and		Commercial		Real Estate		Residential		Home
	Industrial		Real Estate		Construction		Real Estate		Equity		Consumer		Total
June 30, 2025
Allowance for credit losses:
Ending balance:
individually evaluated for impairment	$	1,861	$	902	$	—	$	—	$	—	$	—	$	2,763
collectively evaluated for impairment		3,164		19,251		1,017		1,615		182		416		25,645
Total ending allowance balance	$	5,025	$	20,153	$	1,017	$	1,615	$	182	$	416	$	28,408
Loans:
Ending balance:
individually evaluated for impairment	$	9,590	$	47,688	$	—	$	100	$	828	$	—	$	58,206
collectively evaluated for impairment		239,248		1,386,726		111,483		71,069		18,314		32,756		1,859,596
Total ending loans balance	$	248,838	$	1,434,414	$	111,483	$	71,169	$	19,142	$	32,756	$	1,917,802


	Commercial				Commercial
	and		Commercial		Real Estate		Residential		Home
	Industrial		Real Estate		Construction		Real Estate		Equity		Consumer		Total
December 31, 2024
Allowance for credit losses:
Ending balance:
individually evaluated for impairment	$	388	$	749	$	—	$	—	$	—	$	—	$	1,137
collectively evaluated for impairment		4,113		18,478		755		962		56		576		24,940
Total ending allowance balance	$	4,501	$	19,227	$	755	$	962	$	56	$	576	$	26,077
Loans:
Ending balance:
individually evaluated for impairment	$	2,405	$	35,050	$	—	$	60	$	—	$	83	$	37,598
collectively evaluated for impairment		239,985		1,327,004		80,993		74,913		17,365		37,893		1,778,153
Total ending loans balance	$	242,390	$	1,362,054	$	80,993	$	74,973	$	17,365	$	37,976	$	1,815,751

Schedule of recorded investment in non-accrual and loans past due over 90 days still on accrual by class of loans


	Non-Accrual
	with No Allowance								Loans Past Due Over 90 Days
	for Credit Loss				Non-accrual				Still Accruing
	June 30, 2025		December 31, 2024		June 30, 2025		December 31, 2024		June 30, 2025		December 31, 2024
Commercial and industrial	$	—	$	—	$	2,372	$	293	$	—	$	—
Commercial real estate		7,424		6,000		8,414		6,000		—		—
Commercial real estate construction		—		—		—		—		—		—
Residential real estate		100		6		100		6		—		—
Home equity		828		—		828		—		—		—
Consumer		—		—		—		—		—		—
Total	$	8,352		6,006	$	11,714	$	6,299	$	—	$	—

Schedule of risk category of loans by class of loans


									Revolving
								Revolving	Loans to
	2025		2024	2023	2022	2021	Prior	Loans	Term Loans	Total
Commercial and industrial											—
Pass	$	17,993	29,491	40,128	33,286	31,720	62,774	—	—	$	215,392
Special Mention		413	—	4,076	—	3,544	28	—	—		8,061
Substandard		1,091	10,378	2,151	11,281	259	225	—	—		25,385
Total Commercial and industrial	$	19,497	39,869	46,355	44,567	35,523	63,027	—	—	$	248,838
Current period gross charge-offs		197	—	—	—	—	—	—	—		197

Commercial real estate
Pass	$	94,377	163,001	183,448	316,643	224,424	388,272	909	—	$	1,371,074
Special Mention		—	—	5,127	4,784	—	8,059	—	—		17,970
Substandard		—	990	—	8,250	15,500	20,630	—	—		45,370
Total Commercial real estate	$	94,377	163,991	188,575	329,677	239,924	416,961	909	—	$	1,434,414
Current period gross charge-offs		—	—	—	—	—	—	—	—		—

Commercial real estate construction
Pass	$	31,875	26,879	25,555	16,974	10,200	—	—	—	$	111,483
Special Mention		—	—	—	—	—	—	—	—		—
Substandard		—	—	—	—	—	—	—	—		—
Total Commercial real estate construction	$	31,875	26,879	25,555	16,974	10,200	—	—	—	$	111,483
Current period gross charge-offs		—	—	—	—	—	—	—	—		—

Residential real estate
Pass	$	1,051	9,790	16,413	10,534	8,012	25,269	—	—	$	71,069
Special Mention		—	—	—	—	—	—	—	—		—
Substandard		—	—	—	—	—	100	—	—		100
Total Residential real estate	$	1,051	9,790	16,413	10,534	8,012	25,369	—	—	$	71,169
Current period gross charge-offs		—	—	—	—	—	—	—	—		—

Home equity
Pass	$	—	384	45	—	—	43	16,659	1,182	$	18,313
Special Mention		—	—	—	—	—	—	—	—		—
Substandard		—	—	—	—	—	—	829	—		829
Total Home Equity	$	—	384	45	—	—	43	17,488	1,182	$	19,142
Current period gross charge-offs		—	—	—	—	—	—	—	—		—

Consumer
Pass	$	1,764	7,747	17,451	1	—	966	4,827	—	$	32,756
Special Mention		—	—	—	—	—	—	—	—		—
Substandard			—	—	—	—	—	—	—		—
Total Consumer	$	1,764	7,747	17,451	1	—	966	4,827	—	$	32,756
Current period gross charge-offs		—	—	—	—	—	3	—	—		3

Total Loans	$	148,564	248,660	294,394	401,753	293,659	506,366	23,224	1,182	$	1,917,802

Gross charge-offs	$	197	—	—	—	—	3	—	—	$	200



									Revolving
								Revolving	Loans to
	2024		2023	2022	2021	2020	Prior	Loans	Term Loans	Total
Commercial and industrial											—
Pass	$	38,388	41,353	35,358	30,767	29,871	43,278	—	—	$	219,015
Special Mention		—	4,069	3,333	4,170	—	129	—	—		11,701
Substandard		3,329	395	7,198	143	101	508	—	—		11,674
Total Commercial and industrial	$	41,717	45,817	45,889	35,080	29,972	43,915	—	—	$	242,390
Current period gross charge-offs		10	—	—	—	—	—	—	—		10

Commercial real estate
Pass	$	157,045	188,536	332,246	227,489	146,041	266,873	2,456	—	$	1,320,686
Special Mention		—	784	—	—	—	8,366	—	—		9,150
Substandard		—	—	622	16,192	6,709	8,695	—	—		32,218
Total Commercial real estate	$	157,045	189,320	332,868	243,681	152,750	283,934	2,456	—	$	1,362,054
Current period gross charge-offs		—	—	—	8,657	—	28	—	—		8,685

Commercial real estate construction
Pass	$	21,710	27,672	21,411	10,200	—	—	—	—	$	80,993
Special Mention		—	—	—	—	—	—	—	—		—
Substandard		—	—	—	—	—	—	—	—		—
Total Commercial real estate construction	$	21,710	27,672	21,411	10,200	—	—	—	—	$	80,993
Current period gross charge-offs		—	—	—	—	—	—	—	—		—

Residential real estate
Pass	$	7,574	20,682	11,278	8,296	8,572	18,565	—	—	$	74,967
Special Mention		—	—	—	—	—	—	—	—		—
Substandard		—	—	—	—	—	6	—	—		6
Total Residential real estate	$	7,574	20,682	11,278	8,296	8,572	18,571	—	—	$	74,973
Current period gross charge-offs		—	—	—	—	—	94	—	—		94

Home equity
Pass	$	408	46	—	—	—	47	15,674	1,190	$	17,365
Special Mention		—	—	—	—	—	—	—	—		—
Substandard		—	—	—	—	—	—	—	—		—
Total Home Equity	$	408	46	—	—	—	47	15,674	1,190	$	17,365
Current period gross charge-offs		—	—	—	—	—	—	—	33		33

Consumer
Pass	$	9,097	21,655	2	—	1,265	64	5,810	—	$	37,893
Special Mention		—	—	—	—	—	—	—	—		—
Substandard		—	—	—	—	—	83	—	—		83
Total Consumer	$	9,097	21,655	2	—	1,265	147	5,810	—	$	37,976
Current period gross charge-offs		—	—	—	—	—	1	—	—		1

Total Loans	$	237,551	305,192	411,448	297,257	192,559	346,614	23,940	1,190	$	1,815,751

Gross charge-offs	$	10	—	—	8,657	—	123	—	33	$	8,823