Loans (Tables)
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3 Months Ended |
Mar. 31, 2026 |
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| Receivables [Abstract] |
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| Schedule of Composition of Loan Portfolio |
The following table shows the composition of the Company's loan portfolio by class of financing receivable as of March 31, 2026 and 2025 and at December 31, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | March 31, 2026 | | December 31, 2025 | | March 31, 2025 | | | Commercial | | | | | | | | | | | Real estate owner occupied | $ | 382,594,000 | | 15.9 | | % | $ | 378,263,000 | | 15.8 | | % | $ | 370,465,000 | | 15.5 | | % | | Real estate non-owner occupied | 404,359,000 | | 16.8 | | % | 409,177,000 | | 17.1 | | % | 413,530,000 | | 17.4 | | % | | Construction | 30,237,000 | | 1.3 | | % | 35,025,000 | | 1.5 | | % | 76,402,000 | | 3.2 | | % | | C&I | 393,048,000 | | 16.3 | | % | 376,907,000 | | 15.7 | | % | 379,767,000 | | 16.0 | | % | | Multifamily | 150,425,000 | | 6.3 | | % | 158,910,000 | | 6.6 | | % | 131,036,000 | | 5.5 | | % | | Agriculture | 48,063,000 | | 2.0 | | % | 48,145,000 | | 2.0 | | % | 48,705,000 | | 2.0 | | % | | Municipal | 52,168,000 | | 2.2 | | % | 52,074,000 | | 2.2 | | % | 55,104,000 | | 2.3 | | % | | Residential | | | | | | | | | | | Term | 739,446,000 | | 30.7 | | % | 739,188,000 | | 30.9 | | % | 719,348,000 | | 30.2 | | % | | Construction | 39,119,000 | | 1.6 | | % | 35,332,000 | | 1.5 | | % | 35,427,000 | | 1.5 | | % | | Home Equity | | | | | | | | | | | Revolving and term | 147,102,000 | | 6.1 | | % | 142,219,000 | | 5.9 | | % | 131,522,000 | | 5.5 | | % | | Consumer | 18,588,000 | | 0.8 | | % | 18,869,000 | | 0.8 | | % | 21,844,000 | | 0.9 | | % | | Total | $ | 2,405,149,000 | | 100.0 | | % | $ | 2,394,109,000 | | 100.0 | | % | $ | 2,383,150,000 | | 100.0 | | % |
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| Schedule of Past Due Loans Aging |
For all loan classes, loans over 30 days past due are considered delinquent. Information on the past-due status of loans by class of financing receivable as of March 31, 2026, is presented in the following table: | | | | | | | | | | | | | | | | | | | | | | | | | 30-59 Days
Past Due | 60-89 Days
Past Due | 90+ Days
Past Due | All
Past Due | Current | Total | 90+ Days
& Accruing | | Commercial | | | | | | | | | Real estate owner occupied | $ | 2,254,000 | | $ | — | | $ | 3,361,000 | | $ | 5,615,000 | | $ | 376,979,000 | | $ | 382,594,000 | | $ | — | | | Real estate non-owner occupied | 2,474,000 | | — | | — | | 2,474,000 | | 401,885,000 | | 404,359,000 | | — | | | Construction | — | | — | | 7,000 | | 7,000 | | 30,230,000 | | 30,237,000 | | 7,000 | | | C&I | 152,000 | | 4,457,000 | | 1,442,000 | | 6,051,000 | | 386,997,000 | | 393,048,000 | | — | | | Multifamily | — | | — | | 1,760,000 | | 1,760,000 | | 148,665,000 | | 150,425,000 | | — | | | Agriculture | 32,000 | | — | | 211,000 | | 243,000 | | 47,820,000 | | 48,063,000 | | — | | | Municipal | — | | — | | — | | — | | 52,168,000 | | 52,168,000 | | — | | | Residential | | | | | | | | | Term | 3,123,000 | | 1,448,000 | | 3,601,000 | | 8,172,000 | | 731,274,000 | | 739,446,000 | | 543,000 | | | Construction | 235,000 | | — | | — | | 235,000 | | 38,884,000 | | 39,119,000 | | — | | | Home equity | | | | | | | | | Revolving and term | 1,715,000 | | 461,000 | | 227,000 | | 2,403,000 | | 144,699,000 | | 147,102,000 | | 31,000 | | | Consumer | 421,000 | | 52,000 | | 15,000 | | 488,000 | | 18,100,000 | | 18,588,000 | | 15,000 | | | Total | $ | 10,406,000 | | $ | 6,418,000 | | $ | 10,624,000 | | $ | 27,448,000 | | $ | 2,377,701,000 | | $ | 2,405,149,000 | | $ | 596,000 | |
Information on the past-due status of loans by class of financing receivable as of December 31, 2025, is presented in the following table: | | | | | | | | | | | | | | | | | | | | | | | | | 30-59 Days
Past Due | 60-89 Days
Past Due | 90+ Days
Past Due | All
Past Due | Current | Total | 90+ Days
& Accruing | | Commercial | | | | | | | | | Real estate owner occupied | $ | 683,000 | | $ | 734,000 | | $ | 3,698,000 | | $ | 5,115,000 | | $ | 373,148,000 | | $ | 378,263,000 | | $ | — | | | Real estate non-owner occupied | 734,000 | | — | | 1,285,000 | | 2,019,000 | | 407,158,000 | | 409,177,000 | | — | | | Construction | 103,000 | | — | | 7,000 | | 110,000 | | 34,915,000 | | 35,025,000 | | 7,000 | | | C&I | 404,000 | | 102,000 | | 1,240,000 | | 1,746,000 | | 375,161,000 | | 376,907,000 | | 21,000 | | | Multifamily | 1,600,000 | | 160,000 | | — | | 1,760,000 | | 157,150,000 | | 158,910,000 | | — | | | Agriculture | 316,000 | | — | | 377,000 | | 693,000 | | 47,452,000 | | 48,145,000 | | — | | | Municipal | — | | — | | — | | — | | 52,074,000 | | 52,074,000 | | — | | | Residential | | | | | | | | | Term | 1,268,000 | | 2,901,000 | | 3,222,000 | | 7,391,000 | | 731,797,000 | | 739,188,000 | | 613,000 | | | Construction | 90,000 | | — | | — | | 90,000 | | 35,242,000 | | 35,332,000 | | — | | | Home equity | | | | | | | | | Revolving and term | 1,449,000 | | 391,000 | | 534,000 | | 2,374,000 | | 139,845,000 | | 142,219,000 | | — | | | Consumer | 152,000 | | 118,000 | | 39,000 | | 309,000 | | 18,560,000 | | 18,869,000 | | 24,000 | | | Total | $ | 6,799,000 | | $ | 4,406,000 | | $ | 10,402,000 | | $ | 21,607,000 | | $ | 2,372,502,000 | | $ | 2,394,109,000 | | $ | 665,000 | |
Information on the past-due status of loans by class of financing receivable as of March 31, 2025, is presented in the following table: | | | | | | | | | | | | | | | | | | | | | | | | | 30-59 Days
Past Due | 60-89 Days
Past Due | 90+ Days
Past Due | All
Past Due | Current | Total | 90+ Days
& Accruing | | Commercial | | | | | | | | | Real estate owner occupied | $ | — | | $ | — | | $ | 195,000 | | $ | 195,000 | | $ | 370,270,000 | | $ | 370,465,000 | | $ | — | | | Real estate non-owner occupied | — | | — | | 61,000 | | 61,000 | | 413,469,000 | | 413,530,000 | | — | | | Construction | 44,000 | | — | | — | | 44,000 | | 76,358,000 | | 76,402,000 | | — | | | C&I | 99,000 | | 314,000 | | 1,887,000 | | 2,300,000 | | 377,467,000 | | 379,767,000 | | — | | | Multifamily | — | | — | | — | | — | | 131,036,000 | | 131,036,000 | | — | | | Agriculture | 148,000 | | — | | 81,000 | | 229,000 | | 48,476,000 | | 48,705,000 | | — | | | Municipal | — | | — | | — | | — | | 55,104,000 | | 55,104,000 | | — | | | Residential | | | | | | | | | Term | 1,136,000 | | 342,000 | | 1,650,000 | | 3,128,000 | | 716,220,000 | | 719,348,000 | | — | | | Construction | 157,000 | | — | | — | | 157,000 | | 35,270,000 | | 35,427,000 | | — | | | Home equity | | | | | | | | | Revolving and term | 642,000 | | 127,000 | | 82,000 | | 851,000 | | 130,671,000 | | 131,522,000 | | — | | | Consumer | 245,000 | | 66,000 | | 696,000 | | 1,007,000 | | 20,837,000 | | 21,844,000 | | 695,000 | | | Total | $ | 2,471,000 | | $ | 849,000 | | $ | 4,652,000 | | $ | 7,972,000 | | $ | 2,375,178,000 | | $ | 2,383,150,000 | | $ | 695,000 | |
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| Schedule of Nonaccrual Loans |
The following table presents the amortized cost basis of loans on non-accrual status as of March 31, 2026, December 31, 2025 and March 31, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | March 31, 2026 | December 31, 2025 | March 31, 2025 | | Non-accrual with Allowance for Credit Loss | Non-accrual with no Allowance for Credit Loss | Total Non-accrual | Non-accrual with Allowance for Credit Loss | Non-accrual with no Allowance for Credit Loss | Total Non-accrual | Non-accrual with Allowance for Credit Loss | Non-accrual with no Allowance for Credit Loss | Total Non-accrual | | Commercial | | | | | | | | | | | Real estate owner occupied | $ | 1,131,000 | | $ | 3,334,000 | | $ | 4,465,000 | | $ | 1,131,000 | | $ | 2,896,000 | | $ | 4,027,000 | | $ | — | | $ | 545,000 | | $ | 545,000 | | | Real estate non-owner occupied | 1,229,000 | | 60,000 | | 1,289,000 | | 1,285,000 | | 61,000 | | 1,346,000 | | — | | 61,000 | | 61,000 | | | Construction | — | | — | | — | | — | | 8,000 | | 8,000 | | — | | 17,000 | | 17,000 | | | C&I | 572,000 | | 1,563,000 | | 2,135,000 | | 1,297,000 | | 617,000 | | 1,914,000 | | 1,348,000 | | 595,000 | | 1,943,000 | | | Multifamily | 1,760,000 | | — | | 1,760,000 | | — | | — | | — | | — | | 17,000 | | 17,000 | | | Agriculture | — | | 276,000 | | 276,000 | | — | | 441,000 | | 441,000 | | — | | 111,000 | | 111,000 | | | Municipal | — | | — | | — | | — | | — | | — | | — | | — | | — | | | Residential | | | | | | | | | | | Term | 115,000 | | 5,088,000 | | 5,203,000 | | 115,000 | | 4,078,000 | | 4,193,000 | | — | | 2,944,000 | | 2,944,000 | | | Construction | — | | — | | — | | — | | — | | — | | — | | — | | — | | | Home equity | | | | | | | | | | | Revolving and term | 202,000 | | 858,000 | | 1,060,000 | | 242,000 | | 703,000 | | 945,000 | | — | | 415,000 | | 415,000 | | | Consumer | — | | — | | — | | — | | 5,000 | | 5,000 | | — | | — | | — | | | Total | $ | 5,009,000 | | $ | 11,179,000 | | $ | 16,188,000 | | $ | 4,070,000 | | $ | 8,809,000 | | $ | 12,879,000 | | $ | 1,348,000 | | $ | 4,705,000 | | $ | 6,053,000 | |
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| Schedule of Individually Analyzed Loans by Class of Financing Receivable |
The following table presents the amortized cost basis of collateral-dependent loans as of March 31, 2026, December 31, 2025 and March 31, 2025, by collateral type: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | March 31, 2026 | December 31, 2025 | March 31, 2025 | | Collateral Type | Collateral Type | Collateral Type | | Commercial Real Estate | Residential Real Estate | Other | | Commercial Real Estate | Residential Real Estate | Other | | Commercial Real Estate | Residential Real Estate | Other | | | Commercial | | | | | | | | | | | | | | Real estate owner occupied | $ | 3,842,000 | | $ | 245,000 | | $ | — | | | $ | 3,626,000 | | $ | — | | $ | — | | | $ | 260,000 | | $ | — | | $ | — | | | | Real estate non-owner occupied | 1,292,000 | | — | | — | | | 1,348,000 | | — | | — | | | 67,000 | | — | | — | | | | Construction | — | | — | | — | | | — | | — | | — | | | — | | — | | — | | | | C&I | — | | — | | 1,192,000 | | | — | | — | | 1,300,000 | | | — | | — | | 1,681,000 | | | | Multifamily | 1,763,000 | | — | | — | | | — | | — | | — | | | — | | — | | — | | | | Agriculture | — | | — | | — | | | — | | — | | — | | | — | | — | | — | | | | Municipal | — | | — | | — | | | — | | — | | — | | | — | | — | | — | | | | Residential | | | | | | | | | | | | | | Term | — | | 3,556,000 | | — | | | — | | 2,912,000 | | — | | | — | | 2,151,000 | | — | | | | Construction | — | | — | | — | | | — | | — | | — | | | — | | — | | — | | | | Home equity | — | | — | | — | | | | | | | | | | | | Revolving and term | — | | 307,000 | | — | | | — | | 361,000 | | — | | | — | | — | | — | | | | Consumer | — | | — | | — | | | — | | — | | — | | | — | | — | | — | | | | Total | $ | 6,897,000 | | $ | 4,108,000 | | $ | 1,192,000 | | | $ | 4,974,000 | | $ | 3,273,000 | | $ | 1,300,000 | | | $ | 327,000 | | $ | 2,151,000 | | $ | 1,681,000 | | |
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| Schedule of Troubled Debt Restructurings on Financing Receivables |
The following table represents loan modifications made to borrowers experiencing financial difficulty by modification type and class of financing receivable, during the three months ended March 31, 2026: | | | | | | | | | | | | | | | | | | | | | | | Amortized Cost Basis | | Payment Deferral | Term Extension | | | | Combination Payment Deferral and Term Extension | | Combination Payment Deferral, Term Extension and Rate Mod | % of Total Class of Financing Receivable | | Commercial | | | | | | | | | | | Real estate owner occupied | $ | — | | $ | 135,000 | | | | | $ | 243,000 | | | $ | — | | 0.10 | % | | Real estate non-owner occupied | — | | — | | | | | — | | | 1,229,000 | | 0.30 | % | | Construction | — | | — | | | | | — | | | — | | — | % | | C&I | 75,000 | | — | | | | | 135,000 | | | — | | 0.05 | % | | Multifamily | — | | — | | | | | — | | | — | | — | % | | Agriculture | — | | — | | | | | 38,000 | | | — | | 0.08 | % | | Municipal | — | | — | | | | | — | | | — | | — | % | | Residential | | | | | | | | | | | Term | — | | — | | | | | 194,000 | | | 330,000 | | 0.07 | % | | Construction | — | | — | | | | | — | | | — | | — | % | | Home Equity | | | | | | | | | | | Revolving and term | — | | — | | | | | 306,000 | | | — | | 0.21 | % | | Consumer | — | | — | | | | | — | | | — | | — | % | | Total | $ | 75,000 | | $ | 135,000 | | | | | $ | 916,000 | | | $ | 1,559,000 | | |
The following tables describe the financial effect of the modifications made to borrowers experiencing financial difficulty for the three months ended March 31, 2026: | | | | | | | Payment Deferral | | Financial Effect | | Commercial | | | | | | | | | C&I | Temporary payment accommodation, payments deferred to end of loan. | | | | | | | | |
| | | | | | | Term Extension | | Financial Effect | | Commercial | | | Real estate owner occupied | Temporary payment accommodation, extended term 9 months. | | |
| | | | | | | Combination Payment Deferral and Term Extension | | Financial Effect | | Commercial | | | Real estate owner occupied | Temporary payment accommodation, payments deferred to end of loan. | | | | C&I | Payments deferred for 3 months; term increased 3 months | | Agriculture | Payments deferred for 3 months; term increased 3 months | | | | Residential | | | Term | Temporary payment accommodation, payments deferred to end of loan. | | Home Equity | | | Revolving and term | Temporary payment accommodation, payments deferred to end of loan. |
| | | | | | | Combination Payment Deferral, Term Extension and Rate Modification | | Financial Effect | | Commercial | | | Real estate non-owner occupied | Temporary payment and rate accommodations, payments deferred to end of loan. | | | | Residential | | | Term | Temporary payment and rate accommodations, payments deferred to end of loan. |
The following table represents loan modifications made to borrowers experiencing financial difficulty by modification type and class of financing receivable, during the three months ended March 31, 2025: | | | | | | | | | | | | | | | | | | | | Amortized Cost Basis | | Payment Deferral | Term Extension | Rate Modification | | Combination Payment Deferral and Term Extension | % of Total Class of Financing Receivable | | Commercial | | | | | | | | Real estate owner occupied | $ | 158,000 | | $ | — | | $ | — | | | $ | — | | 0.04 | % | | Real estate non-owner occupied | — | | — | | — | | | — | | — | % | | Construction | — | | — | | — | | | — | | — | % | | C&I | 78,000 | | 364,000 | | — | | | — | | 0.02 | % | | Multifamily | 910,000 | | — | | — | | | — | | 0.69 | % | | Agriculture | 1,536,000 | | — | | — | | | — | | 3.15 | % | | Municipal | — | | — | | — | | | — | | — | % | | Residential | | | | | | | | Term | — | | — | | — | | | — | | — | % | | Construction | — | | — | | — | | | — | | — | % | | Home Equity | | | | | | | | Revolving and term | — | | — | | — | | | — | | — | % | | Consumer | — | | — | | — | | | — | | — | % | | Total | $ | 2,682,000 | | $ | 364,000 | | $ | — | | | $ | — | | |
The following tables describe the financial effect of the modifications made to borrowers experiencing financial difficulty for the three months ended March 31, 2025: | | | | | | | Payment Deferral | | Financial Effect | | Commercial | | | Real estate owner occupied | Temporary payment accommodation, payments deferred to end of loan. | | | | C&I | Temporary payment accommodation, payments deferred to end of loan. | | Multifamily | Temporary payment accommodation, payments deferred to end of loan. | | Agriculture | Temporary payment accommodation, payments deferred to end of loan. | | | | |
| | | | | | | Term Extension | | Financial Effect | | Commercial | | | | | C&I | Temporary payment accommodation, extended term 6 months. |
The Company monitors the performance of the loans that are modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. In its monitoring, the Company considers an event of payment default to be a payment past due thirty days or more, and counts all such events even if subsequently cured. The following tables depict the amortized cost basis of loans that were modified during the previous 12 months as of March 31, 2026 and 2025, that had an event of payment default at some point during the 12 month period: | | | | | | | | | | | | | | | | Amortized Cost Basis | | As of March 31, 2026 | Payment Deferral | Term Extension | Combination Payment Deferral and Term Extension | Combination Payment Deferral, Term Extension and Rate Modification | | Commercial | | | | | | Real estate owner occupied | $ | — | | $ | — | | $ | 318,000 | | $ | — | | | Real Estate non-owner occupied | — | | 252,000 | | — | | 1,229,000 | | | | | | | | C&I | 309,000 | | — | | 128,000 | | — | | | | | | | | Agriculture | 719,000 | | — | | — | | — | | | Residential | | | | | | Term | — | | — | | 194,000 | | 330,000 | | | Home Equity | | | | | | Revolving and term | — | | — | | 306,000 | | — | | | | | | | | Total | $ | 1,028,000 | | $ | 252,000 | | $ | 946,000 | | $ | 1,559,000 | |
| | | | | | | | | | | | | Amortized Cost Basis | | As of March 31, 2025 | Payment Deferral | Term Extension | Combination Payment Deferral and Term Extension | | Commercial | | | | | | | | | | | | | | | | | C&I | $ | — | | $ | 11,000 | | $ | 170,000 | | | | | | | | | | | Residential | | | | | Term | — | | 125,000 | | — | | | | | | | | | | | | | | | Total | $ | — | | $ | 136,000 | | $ | 170,000 | |
The following table depicts the performance of loans that have been modified during the previous 12 months as of March 31, 2026: | | | | | | | | | | | | | | | | | Payment Status (Amortized Cost Basis) | | | Current | 30-59 Days
Past Due | 60-89 Days
Past Due | 90+ Days
Past Due | | | Commercial | | | | | | | Real estate owner occupied | $ | 1,378,000 | | $ | — | | $ | — | | $ | — | | | | Real Estate non-owner occupied | 1,656,000 | | — | | — | | — | | | | | | | | | | C&I | 1,696,000 | | — | | — | | 197,000 | | | | Multifamily | 4,043,000 | | — | | — | | — | | | | Agriculture | 724,000 | | — | | — | | 211,000 | | | | Residential | | | | | | | Term | 1,004,000 | | — | | — | | — | | | | Home Equity | | | | | | | Revolving and term | 306,000 | | — | | | — | | | | Consumer | — | | — | | — | | — | | | | Total | $ | 10,807,000 | | $ | — | | $ | — | | $ | 408,000 | | |
The following table depicts the performance of loans that had been modified during the the previous 12 months as of March 31, 2025: | | | | | | | | | | | | | | | | Payment Status (Amortized Cost Basis) | | Current | 30-59 Days
Past Due | 60-89 Days
Past Due | 90+ Days
Past Due | | Commercial | | | | | | Real estate owner occupied | $ | 792,000 | | $ | — | | $ | — | | $ | — | | | Construction | — | | — | | — | | — | | | C&I | 619,000 | | — | | — | | — | | | Multifamily | 910,000 | | — | | — | | — | | | Agriculture | 1,536,000 | | — | | — | | — | | | Residential | | | | | | Term | — | | 125,000 | | — | | — | | | Home Equity | | | | | | Revolving and term | — | | — | | — | | — | | | Consumer | — | | — | | — | | — | | | Total | $ | 3,857,000 | | $ | 125,000 | | $ | — | | $ | — | |
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