LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)

12 Months Ended

Dec. 31, 2025

LOANS AND ALLOWANCE FOR CREDIT LOSSES

Schedule of loans outstanding

Summary of Loans by Type

(In Thousands)


		December 31,			December 31,
		2025			2024
Commercial real estate - non-owner occupied		$	927,738		$	739,565
Commercial real estate - owner occupied			311,792			261,071
All other commercial loans			560,537			423,277
Residential mortgage loans			443,950			408,009
Consumer loans			110,348			63,926
Total			2,354,365			1,895,848
Less: allowance for credit losses on loans			(31,048)			(20,035)
Loans, net		$	2,323,317		$	1,875,813

Schedule of the past due loans


(In Thousands)		As of December 31, 2025
		Past Due			Past Due
		30-89			90+ Days			Nonaccrual			Current			Total
		Days			Still Accruing			Loans			Loans			Loans
Commercial real estate - non-owner occupied		$	2,619		$	0		$	10,766		$	914,353		$	927,738
Commercial real estate - owner occupied			2,453			0			5,955			303,384			311,792
All other commercial loans			6,287			54			11,102			543,094			560,537
Residential mortgage loans			6,365			0			4,324			433,261			443,950
Consumer loans			585			34			689			109,040			110,348
Total		$	18,309		$	88		$	32,836		$	2,303,132		$	2,354,365


(In Thousands)		As of December 31, 2024
		Past Due			Past Due
		30-89			90+ Days			Nonaccrual			Current			Total
		Days			Still Accruing			Loans			Loans			Loans
Commercial real estate - non-owner occupied		$	266		$	0		$	7,370		$	731,929		$	739,565
Commercial real estate - owner occupied			0			62			1,725			259,284			261,071
All other commercial loans			296			0			10,006			412,975			423,277
Residential mortgage loans			4,934			0			4,310			398,765			408,009
Consumer loans			162			57			431			63,276			63,926
Total		$	5,658		$	119		$	23,842		$	1,866,229		$	1,895,848

Schedule of amortized cost in loans by credit quality indicators by year of origination

The following table presents the amortized cost of loans by credit quality indicators by year of origination as of December 31, 2025:


(In Thousands)		Term Loans by Year of Origination
		2025			2024			2023			2022			2021			Prior			Revolving			Total
Commercial real estate - non-owner occupied
Pass		$	82,832		$	84,330		$	149,720		$	171,419		$	90,420		$	295,369		$	0		$	874,090
Special Mention			77			30			1,942			15,920			2,073			8,045			0			28,087
Substandard			0			102			838			10,459			1,980			12,182			0			25,561
Doubtful			0			0			0			0			0			0			0			0
Total commercial real estate - non-owner occupied		$	82,909		$	84,462		$	152,500		$	197,798		$	94,473		$	315,596		$	0		$	927,738
Year-to-date gross charge-offs		$	0		$	0		$	0		$	0		$	0		$	807		$	0		$	807
Commercial real estate - owner occupied
Pass		$	34,602		$	36,786		$	35,411		$	53,260		$	51,396		$	80,809		$	0		$	292,264
Special Mention			0			357			2,406			1,159			805			5,127			0			9,854
Substandard			0			0			354			131			2,167			7,022			0			9,674
Doubtful			0			0			0			0			0			0			0			0
Total commercial real estate - owner occupied		$	34,602		$	37,143		$	38,171		$	54,550		$	54,368		$	92,958		$	0		$	311,792
Year-to-date gross charge-offs		$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0
All other commercial loans
Pass		$	123,534		$	45,148		$	64,103		$	46,670		$	44,056		$	64,539		$	134,404		$	522,454
Special Mention			1,380			522			32			100			4,443			732			2,028			9,237
Substandard			470			12,932			0			1,471			6,933			3,748			3,292			28,846
Doubtful			0			0			0			0			0			0			0			0
Total all other commercial loans		$	125,384		$	58,602		$	64,135		$	48,241		$	55,432		$	69,019		$	139,724		$	560,537
Year-to-date gross charge-offs		$	0		$	0		$	0		$	0		$	333		$	0		$	263		$	596
Residential mortgage loans
Pass		$	46,534		$	45,988		$	53,163		$	83,848		$	45,494		$	164,033		$	0		$	439,060
Special Mention			0			0			0			0			0			0			0			0
Substandard			0			22			901			424			200			3,343			0			4,890
Doubtful			0			0			0			0			0			0			0			0
Total residential mortgage loans		$	46,534		$	46,010		$	54,064		$	84,272		$	45,694		$	167,376		$	0		$	443,950
Year-to-date gross charge-offs		$	0		$	0		$	0		$	0		$	0		$	5		$	0		$	5
Consumer loans
Pass		$	2,751		$	2,062		$	1,780		$	1,850		$	506		$	2,460		$	97,976		$	109,385
Special Mention			0			0			0			0			0			0			0			0
Substandard			1			7			6			0			2			170			777			963
Doubtful			0			0			0			0			0			0			0			0
Total consumer loans		$	2,752		$	2,069		$	1,786		$	1,850		$	508		$	2,630		$	98,753		$	110,348
Year-to-date gross charge-offs		$	0		$	0		$	33		$	40		$	3		$	0		$	242		$	318
Total Loans
Pass		$	290,253		$	214,314		$	304,177		$	357,047		$	231,872		$	607,210		$	232,380		$	2,237,253
Special Mention			1,457			909			4,380			17,179			7,321			13,904			2,028			47,178
Substandard			471			13,063			2,099			12,485			11,282			26,465			4,069			69,934
Doubtful			0			0			0			0			0			0			0			0
Total		$	292,181		$	228,286		$	310,656		$	386,711		$	250,475		$	647,579		$	238,477		$	2,354,365
Year-to-date gross charge-offs		$	0		$	0		$	33		$	40		$	336		$	812		$	505		$	1,726

The following table presents the amortized cost of loans by credit quality indicators by year of origination as of December 31, 2024.


		Term Loans by Year of Origination
(In Thousands)		2024			2023			2022			2021			2020			Prior			Revolving			Total
Commercial real estate - non-owner occupied
Pass		$	59,708		$	99,900		$	161,497		$	78,884		$	51,851		$	243,578		$	0		$	695,418
Special Mention			0			0			16,233			1,371			0			8,188			0			25,792
Substandard			116			0			9,928			0			0			8,311			0			18,355
Doubtful			0			0			0			0			0			0			0			0
Total commercial real estate - non-owner occupied		$	59,824		$	99,900		$	187,658		$	80,255		$	51,851		$	260,077		$	0		$	739,565
Year-to-date gross charge-offs		$	0		$	0		$	0		$	0		$	0		$	757		$	0		$	757
Commercial real estate - owner occupied
Pass		$	25,552		$	33,533		$	52,207		$	49,410		$	11,444		$	76,558		$	0		$	248,704
Special Mention			0			0			0			0			0			961			0			961
Substandard			0			5,125			729			2,367			0			3,185			0			11,406
Doubtful			0			0			0			0			0			0			0			0
Total commercial real estate - owner occupied		$	25,552		$	38,658		$	52,936		$	51,777		$	11,444		$	80,704		$	0		$	261,071
Year-to-date gross charge-offs		$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0
All other commercial loans
Pass		$	73,812		$	74,301		$	44,245		$	44,367		$	23,084		$	30,656		$	109,121		$	399,586
Special Mention			533			0			2,306			2			0			0			2,147			4,988
Substandard			44			0			3,478			5,229			109			1,078			8,765			18,703
Doubtful			0			0			0			0			0			0			0			0
Total all other commercial loans		$	74,389		$	74,301		$	50,029		$	49,598		$	23,193		$	31,734		$	120,033		$	423,277
Year-to-date gross charge-offs		$	0		$	0		$	427		$	60		$	21		$	122		$	0		$	630
Residential mortgage loans
Pass		$	41,450		$	48,937		$	80,789		$	50,108		$	35,601		$	146,231		$	0		$	403,116
Special Mention			0			0			0			0			0			0			0			0
Substandard			0			380			0			85			82			4,346			0			4,893
Doubtful			0			0			0			0			0			0			0			0
Total residential mortgage loans		$	41,450		$	49,317		$	80,789		$	50,193		$	35,683		$	150,577		$	0		$	408,009
Year-to-date gross charge-offs		$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0
Consumer loans
Pass		$	3,859		$	3,441		$	2,848		$	1,013		$	599		$	679		$	50,860		$	63,299
Special Mention			0			0			0			0			0			0			0			0
Substandard			0			8			4			0			0			71			544			627
Doubtful			0			0			0			0			0			0			0			0
Total consumer loans		$	3,859		$	3,449		$	2,852		$	1,013		$	599		$	750		$	51,404		$	63,926
Year-to-date gross charge-offs		$	0		$	69		$	130		$	7		$	8		$	1		$	114		$	329
Total Loans
Pass		$	204,381		$	260,112		$	341,586		$	223,782		$	122,579		$	497,702		$	159,981		$	1,810,123
Special Mention			533			0			18,539			1,373			0			9,149			2,147			31,741
Substandard			160			5,513			14,139			7,681			191			16,991			9,309			53,984
Doubtful			0			0			0			0			0			0			0			0
Total		$	205,074		$	265,625		$	374,264		$	232,836		$	122,770		$	523,842		$	171,437		$	1,895,848
Year-to-date gross charge-offs		$	0		$	69		$	557		$	67		$	29		$	880		$	114		$	1,716

Schedule of nonaccrual loans by major categories for the periods


		December 31, 2025
		Nonaccrual Loans with			Nonaccrual Loans			Total Nonaccrual
(In Thousands)		No Allowance			with an Allowance			Loans
Commercial real estate - non-owner occupied		$	9,343		$	1,423		$	10,766
Commercial real estate - owner occupied			5,470			485			5,955
All other commercial loans			7,609			3,493			11,102
Residential mortgage loans			4,324			0			4,324
Consumer loans			689			0			689
Total		$	27,435		$	5,401		$	32,836


		December 31, 2024
		Nonaccrual Loans with			Nonaccrual Loans			Total Nonaccrual
(In Thousands)		No Allowance			with an Allowance			Loans
Commercial real estate - non-owner occupied		$	7,370		$	0		$	7,370
Commercial real estate - owner occupied			1,467			258			1,725
All other commercial loans			10,006			0			10,006
Residential mortgage loans			4,310			0			4,310
Consumer loans			431			0			431
Total		$	23,584		$	258		$	23,842

Schedule of accrued Interest receivables written off


		Year Ended			Year Ended
(In Thousands)		December 31, 2025			December 31, 2024
Commercial real estate - non-owner occupied		$	12		$	22
Commercial real estate - owner occupied			51			10
All other commercial loans			6			198
Residential mortgage loans			17			29
Consumer loans			0			10
Total		$	86		$	269

Schedule of amortized cost of collateral dependent loans


		December 31, 2025						December 31, 2024
		Amortized						Amortized
(In Thousands)		Cost			Allowance			Cost			Allowance
Commercial real estate - non-owner occupied		$	10,876		$	140		$	7,370		$	0
Commercial real estate - owner occupied			6,325			266			6,749			122
All other commercial loans			14,551			2,366			16,006			0
Residential mortgage loans			350			0			0			0
Consumer loans			326			0			0			0
Total		$	32,428		$	2,772		$	30,125		$	122

Schedule of activity related to the ACL on loans


	Commercial			Commercial			All
	real estate -			real estate -			other			Residential
	nonowner			owner			commercial			mortgage			Consumer
(In Thousands)	occupied			occupied			loans			loans			loans			Total
Balance, December 31, 2024	$	11,964		$	2,844		$	3,361		$	1,356		$	510		$	20,035
Allowance recorded in business combination - PCD loans		2,151			271			215			0			0			2,637
Allowance recorded in business combination - non-PCD loans		2,681			601			818			303			34			4,437
Charge-offs		(807)			0			(596)			(5)			(318)			(1,726)
Recoveries		0			0			1			4			104			109
Provision (credit) for credit losses on loans		3,473			370			1,706			(29)			36			5,556
Balance, December 31, 2025	$	19,462		$	4,086		$	5,505		$	1,629		$	366		$	31,048


	Commercial			Commercial			All
	real estate -			real estate -			other			Residential
	nonowner			owner			commercial			mortgage			Consumer
(In Thousands)	occupied			occupied			loans			loans			loans			Total
Balance, December 31, 2023	$	12,010		$	2,116		$	2,918		$	1,764		$	400		$	19,208
Charge-offs		(757)			0			(630)			0			(329)			(1,716)
Recoveries		0			0			40			6			67			113
Provision (credit) for credit losses on loans		711			728			1,033			(414)			372			2,430
Balance, December 31, 2024	$	11,964		$	2,844		$	3,361		$	1,356		$	510		$	20,035


	Commercial			Commercial			All
	real estate -			real estate -			other			Residential
	nonowner			owner			commercial			mortgage			Consumer
(In Thousands)	occupied			occupied			loans			loans			loans			Unallocated			Total
Balance, December 31, 2022	$	6,305		$	1,942		$	4,142		$	2,751		$	475		$	1,000		$	16,615
Adoption of ASU 2016-13 (CECL)		3,763			7			(88)			(344)			(234)			(1,000)			2,104
Charge-offs		0			0			(12)			(33)			(311)			0			(356)
Recoveries		0			0			44			11			37			0			92
Provision (credit) for credit losses on loans		1,942			167			(1,168)			(621)			433			0			753
Balance, December 31, 2023	$	12,010		$	2,116		$	2,918		$	1,764		$	400		$	0		$	19,208

Schedule of summary of the amortized cost basis of loans modified


		Year Ended December 31, 2025
(Dollars in Thousands)		Term Extension
		Amortized Cost		% of Total
		Basis		Loan Type			Financial Effect
Commercial Real Estate - Non-owner Occupied	$	1,717			0.30	%	Extended the maturity of one loan for 4 months


		Year Ended December 31, 2024
(Dollars in Thousands)		Term Extension
		Amortized Cost		% of Total
		Basis		Loan Type			Financial Effect
Commercial Real Estate - Non-owner Occupied	$	2,625			0.35	%	Extended the maturity of one loan for 6 months and one loan for 5 years
Commercial Real Estate - Owner Occupied		218			0.08	%	Extended the maturity of one loan for 12 months
Total	$	2,843

Schedule of performance of such loans that have been modified in the twelve-month period preceding the period end presented


(In Thousands)		Payment Status (Amortized Cost Basis)
December 31, 2025		Current or Past Due Less than 30 Days			30-89 Days Past Due			90+ Days Past Due			Total
Commercial real estate - non-owner occupied		$	0		$	1,717		$	0		$	1,717


(In Thousands)		Payment Status (Amortized Cost Basis)
December 31, 2024		Current or Past Due Less than 30 Days			30-89 Days Past Due			90+ Days Past Due			Total
Commercial real estate - non-owner occupied		$	2,572		$	0		$	0		$	2,572
Commercial real estate - owner occupied			217			0			0			217
Total		$	2,789		$	0		$	0		$	2,789

Schedule of carrying amount of foreclosed residential real estate properties


(In Thousands)		December 31,			December 31,
		2025			2024
Foreclosed residential real estate		$	33		$	25

Schedule of mortgage loans secured by residential real properties


(In Thousands)		December 31,			December 31,
		2025			2024
Residential real estate in process of foreclosure		$	433		$	717

Schedule of balance and activity in the allowance for credit losses for off-balance sheet exposures


		Year Ended			Year Ended
(In Thousands)		December 31, 2025			December 31, 2024
Balance, Beginning of Period		$	455		$	690
Allowance recorded in business combination			57			0
Provision (credit) for unfunded commitments			517			(235)
Balance, End of Period		$	1,029		$	455