v3.26.1
Allowance For Credit Losses (Tables)
 3 Months Ended
Mar. 31, 2026
Receivables [Abstract]  
Financing Receivable, Allowance for Credit Loss
The following tables summarize the activity in the allowance for credit losses, by portfolio loan classification, for the three months ended March 31, 2026 and 2025 (in thousands).  The allocation of a portion of the allowance in one portfolio segment does not preclude its availability to absorb losses in other portfolio segments.
Beginning BalanceCharge-offsRecoveries(Recovery of) provision for credit lossesEnding Balance
Three months ended March 31, 2026
Commercial and industrial$3,083 $(4)$5 $(49)$3,035 
   1-4 Family1,426 (6)15 87 1,522 
   Hotels2,009 — 220 (284)1,945 
   Multi-family1,238 — — (29)1,209 
   Non Residential Non-Owner Occupied3,102 — — (16)3,086 
   Non Residential Owner Occupied1,777 (850)— 884 1,811 
Commercial real estate9,552 (856)235 642 9,573 
Residential real estate5,909 (134)30 39 5,844 
Home equity608 (62)90 (38)598 
Consumer177 (71)20 19 145 
DDA overdrafts533 (382)380 (13)518 
$19,862 $(1,509)$760 $600 $19,713 
Beginning BalanceCharge-offsRecoveriesProvision for (recovery of) credit lossesEnding Balance
Three months ended March 31, 2025
Commercial and industrial$4,541 $(30)$37 $213 $4,761 
  1-4 Family1,366 — 27 27 1,420 
  Hotels2,355 (220)— (5)2,130 
  Multi-family1,390 — — 19 1,409 
  Non Residential Non-Owner Occupied3,001 — 3 152 3,156 
  Non Residential Owner Occupied1,725 — — 55 1,780 
Commercial real estate9,837 (220)30 248 9,895 
Residential real estate5,731 — 1 (312)5,420 
Home equity643 (1)4 (53)593 
Consumer381 (129)9 26 287 
DDA Overdrafts789 (379)425 (122)713 
$21,922 $(759)$506 $— $21,669 
Financing Receivable, Nonaccrual
The following table presents the amortized cost basis of loans on non-accrual status and loans past due over 90 days still accruing as of March 31, 2026 (in thousands):

Non-accrual With NoNon-accrual WithLoans Past Due
Allowance forAllowance forOver 90 Days
Credit LossesCredit LossesStill Accruing
Commercial & Industrial$390 $41 $— 
   1-4 Family— 134 — 
   Hotels— — — 
   Multi-family— — — 
   Non Residential Non-Owner Occupied— 209 — 
   Non Residential Owner Occupied4,582 1,128 — 
Commercial Real Estate4,582 1,471 — 
Residential Real Estate— 4,274 14 
Home Equity— 313 — 
Consumer— 2 50 
Total$4,972 $6,101 $64 
The following table presents the amortized cost basis of loans on non-accrual status and loans past due over 90 days still accruing as of December 31, 2025 (in thousands):

Non-accrual With NoNon-accrual WithLoans Past Due
Allowance forAllowance forOver 90 Days
Credit LossesCredit LossesStill Accruing
Commercial & Industrial$427 $130 $— 
   1-4 Family— 136 — 
   Hotels1,422 — — 
   Multi-family— — — 
   Non Residential Non-Owner Occupied— 234 — 
   Non Residential Owner Occupied5,505 1,151 — 
Commercial Real Estate6,927 1,521 — 
Residential Real Estate— 4,497 109 
Home Equity— 308 — 
Consumer— — — 
Total$7,354 $6,456 $109 
Financing Receivable, Past Due
The following tables present the aging of the amortized cost basis in past-due loans as of March 31, 2026 and December 31, 2025 by class of loan (in thousands):
March 31, 2026
30-5960-8990+TotalCurrentNon-Total
Past DuePast DuePast DuePast DueLoansaccrualLoans
Commercial and industrial$273 $— $— $273 $440,913 $431 $441,617 
   1-4 Family27 — — 27 221,004 134 221,165 
   Hotels— — — — 395,857 — 395,857 
   Multi-family150 — — 150 227,537 — 227,687 
   Non Residential Non-Owner Occupied191 — — 191 772,378 209 772,778 
   Non Residential Owner Occupied302 — — 302 245,370 5,710 251,382 
Commercial real estate670 — — 670 1,862,146 6,053 1,868,869 
Residential real estate5,909 517 14 6,440 1,902,675 4,274 1,913,389 
Home Equity770 70 — 840 223,570 313 224,723 
Consumer183 34 50 267 42,725 2 42,994 
Overdrafts341 1 — 342 3,764 — 4,106 
Total$8,146 $622 $64 $8,832 $4,475,793 $11,073 $4,495,698 

December 31, 2025
30-5960-8990+TotalCurrentNon-Total
Past DuePast DuePast DuePast DueLoansaccrualLoans
Commercial and industrial$279 $— $— $279 $453,139 $557 $453,975 
   1-4 Family7 — — 7 210,089 136 210,232 
   Hotels— — — — 397,186 1,422 398,608 
   Multi-family— — — — 237,424 — 237,424 
   Non Residential Non-Owner Occupied193 — — 193 767,153 234 767,580 
   Non Residential Owner Occupied91 — — 91 246,651 6,656 253,398 
Commercial real estate291 — — 291 1,858,503 8,448 1,867,242 
Residential real estate5,652 700 109 6,461 1,899,102 4,497 1,910,060 
Home Equity715 57 — 772 223,621 308 224,701 
Consumer308 — — 308 47,045 — 47,353 
Overdrafts432 4 — 436 3,238 — 3,674 
Total$7,677 $761 $109 $8,547 $4,484,648 $13,810 $4,507,005 
Financing Receivable, Credit Quality Indicators
Based on the most recent analysis performed, the risk category of loans by class of loans at March 31, 2026 and December 31, 2025 is as follows (in thousands):

Revolving
Term LoansLoans
Amortized Cost Basis by Origination Year and Risk LevelAmortized
March 31, 2026
20262025202420232022PriorCost BasisTotal
Commercial and industrial
Pass$15,451 $59,920 $53,325 $44,522 $18,298 $93,222 $147,130 $431,868 
Special mention— — 69 3 72 3 250 397 
Substandard— 31 215 242 854 1,768 6,242 9,352 
Total$15,451 $59,951 $53,609 $44,767 $19,224 $94,993 $153,622 $441,617 
YTD Gross Charge-offs$— $— $— $— $— $4 $— $4 
Revolving
Term LoansLoans
Amortized Cost Basis by Origination Year and Risk LevelAmortized
December 31, 2025
20252024202320222021PriorCost BasisTotal
Commercial and industrial
Pass$60,202 $56,657 $48,193 $20,197 $53,099 $45,845 $162,715 $446,908 
Special mention— 70 3 — — — 97 170 
Substandard31 131 129 863 42 1,876 3,825 6,897 
Total$60,233 $56,858 $48,325 $21,060 $53,141 $47,721 $166,637 $453,975 
Revolving
Term LoansLoans
Amortized Cost Basis by Origination Year and Risk LevelAmortized
March 31, 2026
20262025202420232022PriorCost BasisTotal
Commercial real estate -
1-4 Family
Pass$17,157 $44,083 $27,980 $22,159 $32,866 $59,693 $11,787 $215,725 
Special mention— 197 — — 1,310 545 — 2,052 
Substandard— 122 147 — 1,783 1,336 — 3,388 
Total$17,157 $44,402 $28,127 $22,159 $35,959 $61,574 $11,787 $221,165 
YTD Gross Charge-offs$— $— $— $— $— $6 $— $6 
Revolving
Term LoansLoans
Amortized Cost Basis by Origination Year and Risk LevelAmortized
December 31, 2025
20252024202320222021PriorCost BasisTotal
Commercial real estate -
1-4 Family
Pass$45,278 $28,636 $22,740 $33,247 $24,891 $38,622 $11,332 $204,746 
Special mention198 — — 1,313 — 552 — 2,063 
Substandard124 156 — 1,791 402 950 — 3,423 
Total$45,600 $28,792 $22,740 $36,351 $25,293 $40,124 $11,332 $210,232 

Revolving
Term LoansLoans
Amortized Cost Basis by Origination Year and Risk LevelAmortized
March 31, 2026
20262025202420232022PriorCost BasisTotal
Commercial real estate -
Hotels
Pass$4,800 $65,043 $45,773 $39,829 $73,320 $139,620 $2,002 $370,387 
Special mention— — — — — 3,353 — 3,353 
Substandard— — — — — 22,117 — 22,117 
Total$4,800 $65,043 $45,773 $39,829 $73,320 $165,090 $2,002 $395,857 
YTD Gross Charge-offs$— $— $— $— $— $— $— $— 
Revolving
Term LoansLoans
Amortized Cost Basis by Origination Year and Risk LevelAmortized
December 31, 2025
20252024202320222021PriorCost BasisTotal
Commercial real estate -
Hotels
Pass$65,210 $46,074 $40,372 $74,317 $27,289 $118,006 $223 $371,491 
Special mention— — — — — 3,405 — 3,405 
Substandard— — — — — 23,712 — 23,712 
Total$65,210 $46,074 $40,372 $74,317 $27,289 $145,123 $223 $398,608 
Revolving
Term LoansLoans
Amortized Cost Basis by Origination Year and Risk LevelAmortized
March 31, 2026
20262025202420232022PriorCost BasisTotal
Commercial real estate -
Multi-family
Pass$1,457 $33,688 $58,839 $5,426 $14,461 $111,395 $1,445 $226,711 
Special mention— — — — — — — — 
Substandard— — — — 532 444 — 976 
Total$1,457 $33,688 $58,839 $5,426 $14,993 $111,839 $1,445 $227,687 
YTD Gross Charge-offs$— $— $— $— $— $— $— $— 
Revolving
Term LoansLoans
Amortized Cost Basis by Origination Year and Risk LevelAmortized
December 31, 2025
20252024202320222021PriorCost BasisTotal
Commercial real estate -
Multi-family
Pass$40,029 $58,642 $6,130 $14,573 $18,000 $97,497 $1,572 $236,443 
Special mention— — — — — — — — 
Substandard— — — 534 447 — — 981 
Total$40,029 $58,642 $6,130 $15,107 $18,447 $97,497 $1,572 $237,424 
Revolving
Term LoansLoans
Amortized Cost Basis by Origination Year and Risk LevelAmortized
March 31, 2026
20262025202420232022PriorCost BasisTotal
Commercial real estate -
Non Residential Non-Owner Occupied
Pass$13,339 $129,427 $87,320 $105,908 $108,566 $293,763 $6,959 $745,282 
Special mention— 526 — — — 23,265 — 23,791 
Substandard— — — — 543 3,162 — 3,705 
Total$13,339 $129,953 $87,320 $105,908 $109,109 $320,190 $6,959 $772,778 
YTD Gross Charge-offs$— $— $— $— $— $— $— $— 
Revolving
Term LoansLoans
Amortized Cost Basis by Origination Year and Risk LevelAmortized
December 31, 2025
20252024202320222021PriorCost BasisTotal
Commercial real estate -
Non Residential Non-Owner Occupied
Pass$123,220 $85,038 $106,086 $110,438 $83,342 $224,742 $6,963 $739,829 
Special mention532 — — 543 82 23,388 — 24,545 
Substandard— — — — 133 3,073 — 3,206 
Total$123,752 $85,038 $106,086 $110,981 $83,557 $251,203 $6,963 $767,580 
Revolving
Term LoansLoans
Amortized Cost Basis by Origination Year and Risk LevelAmortized
March 31, 2026
20262025202420232022PriorCost BasisTotal
Commercial real estate -
Non Residential Owner Occupied
Pass$4,753 $47,814 $20,282 $39,358 $27,675 $87,528 $5,248 $232,658 
Special mention— 80 — 346 — 2,020 — 2,446 
Substandard— 56 453 4,372 759 10,273 365 16,278 
Total$4,753 $47,950 $20,735 $44,076 $28,434 $99,821 $5,613 $251,382 
YTD Gross Charge-offs$— $— $— $— $— $850 $— $850 
Revolving
Term LoansLoans
Amortized Cost Basis by Origination Year and Risk LevelAmortized
December 31, 2025
20252024202320222021PriorCost BasisTotal
Commercial real estate -
Non Residential Owner Occupied
Pass$49,404 $20,878 $41,108 $27,864 $33,863 $57,089 $4,188 $234,394 
Special mention82 — 350 — — 1,904 — 2,336 
Substandard— 456 3,536 1,052 794 10,477 353 16,668 
Total$49,486 $21,334 $44,994 $28,916 $34,657 $69,470 $4,541 $253,398 
Revolving
Term LoansLoans
Amortized Cost Basis by Origination Year and Risk LevelAmortized
March 31, 2026
20262025202420232022PriorCost BasisTotal
Commercial real estate -
Total
Pass$41,505 $320,054 $240,194 $212,681 $256,888 $691,999 $27,441 $1,790,762 
Special mention— 803 — 346 1,310 29,182 — 31,641 
Substandard— 178 600 4,372 3,618 37,333 365 46,466 
Total$41,505 $321,035 $240,794 $217,399 $261,816 $758,514 $27,806 $1,868,869 
YTD Gross Charge-offs$— $— $— $— $— $856 $— $856 
Revolving
Term LoansLoans
Amortized Cost Basis by Origination Year and Risk LevelAmortized
December 31, 2025
20252024202320222021PriorCost BasisTotal
Commercial real estate -
Total
Pass$323,141 $239,267 $216,436 $260,438 $187,384 $535,957 $24,277 $1,786,900 
Special mention812 — 350 1,857 82 29,249 — 32,350 
Substandard124 613 3,536 3,378 1,776 38,212 353 47,992 
Total$324,077 $239,880 $220,322 $265,673 $189,242 $603,418 $24,630 $1,867,242 
Revolving
Term LoansLoans
Amortized Cost Basis by Origination Year and Risk LevelAmortized
March 31, 2026
20262025202420232022PriorCost BasisTotal
Residential real estate
Performing$39,046 $293,906 $192,944 $175,622 $311,285 $822,574 $73,738 $1,909,115 
Non-performing— 157 46 916 219 2,744 192 4,274 
Total$39,046 $294,063 $192,990 $176,538 $311,504 $825,318 $73,930 $1,913,389 
YTD Gross Charge-offs$— $— $— $— $15 $119 $— $134 
Revolving
Term LoansLoans
Amortized Cost Basis by Origination Year and Risk LevelAmortized
December 31, 2025
20252024202320222021PriorCost BasisTotal
Residential real estate
Performing$287,972 $199,389 $183,010 $317,677 $256,267 $590,122 $71,126 $1,905,563 
Non-performing$157 $111 $846 $43 $478 $2,777 $85 $4,497 
Total$288,129 $199,500 $183,856 $317,720 $256,745 $592,899 $71,211 $1,910,060 
Revolving
Term LoansLoans
Amortized Cost Basis by Origination Year and Risk LevelAmortized
March 31, 2026
20262025202420232022PriorCost BasisTotal
Home equity
Performing$5,592 $29,678 $25,510 $18,887 $8,459 $9,888 $126,396 $224,410 
Non-performing— — — — — — 313 313 
Total$5,592 $29,678 $25,510 $18,887 $8,459 $9,888 $126,709 $224,723 
YTD Gross Charge-offs$— $— $— $— $— $— $62 $62 
Revolving
Term LoansLoans
Amortized Cost Basis by Origination Year and Risk LevelAmortized
December 31, 2025
20252024202320222021PriorCost BasisTotal
Home equity
Performing$30,143 $26,449 $19,898 $9,319 $3,813 $6,764 $128,007 $224,393 
Non-performing— — — — — — 308 308 
Total$30,143 $26,449 $19,898 $9,319 $3,813 $6,764 $128,315 $224,701 
Revolving
Term LoansLoans
Amortized Cost Basis by Origination Year and Risk LevelAmortized
March 31, 2026
20262025202420232022PriorCost BasisTotal
Consumer
Performing$2,726 $11,112 $8,389 $11,315 $5,548 $1,713 $2,189 $42,992 
Non-performing— — 2 — — — — 2 
Total$2,726 $11,112 $8,391 $11,315 $5,548 $1,713 $2,189 $42,994 
YTD Gross Charge-offs$— $8 $5 $— $— $56 $2 $71 
Revolving
Term LoansLoans
Amortized Cost Basis by Origination Year and Risk LevelAmortized
December 31, 2025
20252024202320222021PriorCost BasisTotal
Consumer
Performing$13,622 $9,475 $12,776 $6,541 $1,127 $1,301 $2,511 $47,353 
Non-performing— — — — — — — — 
Total$13,622 $9,475 $12,776 $6,541 $1,127 $1,301 $2,511 $47,353