
Three Months Ended	Real Estate - Residential		Real Estate - Commercial		Real Estate - Construction and Land		Commercial and Industrial		Consumer and Other		Total
March 31, 2026
Beginning Balance	$	2,269	$	1,822	$	630	$	15,435	$	1,840	$	21,996

Charge-offs	(519)		(201)		—		(3,515)		(532)		(4,767)
Recoveries	—		22		—		286		66		374
Provision	407		182		(167)		2,326		281		3,029
Ending Balance	$	2,157	$	1,825	$	463	$	14,532	$	1,655	$	20,632
March 31, 2025
Beginning Balance	$	1,181	$	2,096	$	507	$	9,607	$	2,121	$	15,512

Charge-offs	(7)		(130)		—		(2,966)		(493)		(3,596)
Recoveries	20		—		—		193		82		295
Provision	(46)		195		302		3,544		307		4,302
Ending Balance	$	1,148	$	2,161	$	809	$	10,378	$	2,017	$	16,513

The ACL represents management’s best estimate of future lifetime expected losses on its HFI loan portfolio. The Company calculates its ACL by estimating expected credit losses on a collective basis for loans that share similar risk characteristics. Loans that do not share similar risk characteristics with other loans are evaluated for credit losses on an individual basis. The Company uses a combination of modeled and non-modeled approaches that incorporates current and future economic conditions to estimate lifetime expected losses on a collective basis. Individually evaluated loans are evaluated for impairment and a portion of the allowance is allocated so that the loan is reported, net, at the present value of estimated future cash flows using the rate implicit in the original loan agreement or at the fair value of collateral adjusted for selling costs as appropriate if repayment is expected solely from the collateral.

The Company uses reasonable and supportable forecasts that are developed with internal and external data. These are updated quarterly by management and utilize data from the FOMC’s median forecasts of change in national GDP and of national unemployment. The FOMC’s forecast of GDP and unemployment for the next calendar year is used in conjunction with the most recent 4 quarters of historical data from FRED (Federal Reserve Economic Data) to determine changes in certain qualitative factors used in calculating loss rates.

The Company maintains a separate ACL for its off-balance sheet unfunded loan commitments. The ACL on unfunded loan commitments is based on estimates of probability that these commitments will be drawn upon according to historical utilization experience, expected loss severity and loss rates as determined for pooled funded loans. As of March 31, 2026 and December 31, 2025, the ACL for unfunded commitments recorded in other liabilities was $718 and $671, respectively.

The following tables present the principal balance of nonaccrual loans and loans past due over 89 days on accrual by loan segment at March 31, 2026 and December 31, 2025. In the following tables, the principal balance does not include the government guaranteed balance or loans measured at fair value.


December 31, 2025	Nonaccrual with no ACL(1)		Nonaccrual with ACL(1)		Loans Past Due Over 89 Days and Accruing(1)
Real estate - residential	$	—	$	6,164	$	—
Real estate - commercial	2,628		3,888		—
Real estate - construction and land	—		815		—
Commercial and industrial	—		2,467		—
Consumer and other	—		268		41
Total	$	2,628	$	13,602	$	41

A financial asset is considered collateral dependent when the debtor is experiencing financial difficulty and repayment is expected to be provided substantially through the sale or operation of the collateral. Expected credit losses for collateral dependent loans are based on the fair value of the collateral at the reporting date, adjusted for selling costs as appropriate. Significant quarter over quarter changes are reflective of changes in nonaccrual status and not necessarily associated with credit quality indicators like appraised value. The following tables present the principal balance, including government


	30-89 Days Past Due		Greater Than 89 Days Past Due		Total Past Due		Loans Not Past Due (1)		Total Loans
Real estate - residential	$	3,945	$	6,519	$	10,464	$	348,841	$	359,305
Real estate - commercial	6,427		4,016		10,443		206,200		216,643
Real estate - construction and land	—		—		—		36,732		36,732
Commercial and industrial	4,847		914		5,761		165,905		171,666
Commercial and industrial - PPP	—		—		—		6		6
Consumer and other	665		312		977		81,292		82,269
Total	$	15,884	$	11,761	$	27,645	$	838,976	$	866,621
(1) $6,976 of balances 30-89 days past due and $5,208 of balances greater than 89 days past due are reported as Loans Not Past Due as a result of the government guarantee. Of those loans, $6 of commercial and industrial PPP loans were delinquent as of March 31, 2026.


	30-89 Days Past Due		Greater Than 89 Days Past Due		Total Past Due		Loans Not Past Due (1)		Total Loans
Real estate - residential	$	4,698	$	5,635	$	10,333	$	355,094	$	365,427
Real estate - commercial	4,100		4,262		8,362		207,409		215,771
Real estate - construction and land	—		814		814		47,583		48,397
Commercial and industrial	4,473		919		5,392		176,174		181,566
Commercial and industrial - PPP	—		—		—		6		6
Consumer and other	1,622		69		1,691		84,750		86,441
Total	$	14,893	$	11,699	$	26,592	$	871,016	$	897,608
(1) $1,537 of balances 30-89 days past due and $7,592 of balances greater than 89 days past due are reported as Loans Not Past Due as a result of the government guarantee. Of those loans, $6 of commercial and industrial PPP loans were delinquent as of December 31, 2025.

Internal risk-rating grades are assigned to loans by lending, credit administration or loan review personnel, based on an analysis of the financial and collateral strength and other credit attributes underlying each loan. Management analyzes the resulting ratings, as well as other statistics and factors such as delinquency, to track the migration performance of the portfolio balances. This analysis is performed at least annually. The Bank uses the following definitions for its risk ratings:

Substandard – These loans are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected.


													Revolving		Revolving
													Loans		Loans
	Term Loans Amortized Cost Basis by Origination Year												Amortized		Converted
	2026		2025		2024		2023		2022		Prior		Cost Basis		to Term		Total
Real estate - commercial
Risk Rating
Pass	$	1,575	$	21,153	$	36,117	$	37,944	$	39,538	$	57,665	$	2,632	$	—	$	196,624
Special mention	—		—		3,545		394		1,418		363		15		—		5,735
Substandard	—		—		5,101		3,178		3,046		2,959		—		—		14,284
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate - commercial loans, at amortized cost, gross	1,575		21,153		44,763		41,516		44,002		60,987		2,647		—		216,643
Gross write offs	—		—		—		—		201		—		—		—		201


							Revolving	Revolving
							Loans	Loans
	Term Loans Amortized Cost Basis by Origination Year						Amortized	Converted
	2026	2025	2024	2023	2022	Prior	Cost Basis	to Term	Total
Real estate - construction and land
Risk Rating
Pass	—	11,294	6,007	5,332	63	—	—	—	22,696
Special mention	—	—	1,196	—	—	—	—	—	1,196
Substandard	—	—	—	12,840	—	—	—	—	12,840
Doubtful	—	—	—	—	—	—	—	—	—
Total real estate - construction and land loans, at amortized cost, gross	—	11,294	7,203	18,172	63	—	—	—	36,732
Gross write offs	—	—	—	—	—	—	—	—	—

Commercial and industrial
Risk Rating
Pass	98	43,458	37,642	20,702	21,308	20,203	13,881	—	157,292
Special mention	—	549	1,306	989	385	1,240	79	—	4,548
Substandard	—	104	1,282	3,463	1,851	2,866	40	—	9,606
Doubtful	—	13	—	22	92	93	—	—	220
Total commercial and industrial loans, at amortized cost, gross	98	44,124	40,230	25,176	23,636	24,402	14,000	—	171,666
Gross write offs	—	352	1,585	323	516	253	486	—	3,515

Commercial and industrial - PPP
Risk Rating
Pass	—	—	—	—	—	6	—	—	6
Special mention	—	—	—	—	—	—	—	—	—
Substandard	—	—	—	—	—	—	—	—	—
Doubtful	—	—	—	—	—	—	—	—	—
Total commercial and industrial - PPP loans, at amortized cost, gross	—	—	—	—	—	6	—	—	6
Gross write offs	—	—	—	—	—	—	—	—	—


													Revolving		Revolving
													Loans		Loans
	Term Loans Amortized Cost Basis by Origination Year												Amortized		Converted
	2025		2024		2023		2022		2021		Prior		Cost Basis		to Term		Total
Real estate - commercial
Risk Rating
Pass	$	21,998	$	39,871	$	39,799	$	33,762	$	24,573	$	35,268	$	2,480	$	—	$	197,751
Special mention	—		79		394		1,436		111		297		15		—		2,332
Substandard	—		5,111		3,183		4,426		759		2,209		—		—		15,688
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate - commercial loans, at amortized cost, gross	21,998		45,061		43,376		39,624		25,443		37,774		2,495		—		215,771
Gross write offs	—		—		130		235		—		85		—		—		450

Real estate - construction and land
Risk Rating
Pass	7,977		5,266		8,849		10,487		1,049		—		—		—		33,628
Special mention	—		1,069		—		—		—		—		—		—		1,069
Substandard	—		—		13,700		—		—		—		—		—		13,700
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate - construction and land loans, at amortized cost, gross	7,977		6,335		22,549		10,487		1,049		—		—		—		48,397
Gross write offs	—		—		—		—		—		—		—		—		—

Commercial and industrial
Risk Rating
Pass	44,674		40,705		24,250		22,538		3,418		19,740		11,362		—		166,687
Special mention	386		702		1,330		950		98		1,150		79		—		4,695
Substandard	41		1,155		3,369		2,114		353		2,939		40		—		10,011
Doubtful	13		—		22		45		8		85		—		—		173
Total commercial and industrial loans, at amortized cost, gross	45,114		42,562		28,971		25,647		3,877		23,914		11,481		—		181,566
Gross write offs	350		3,441		5,185		2,722		404		3,289		33		—		15,424


							Revolving	Revolving
							Loans	Loans
	Term Loans Amortized Cost Basis by Origination Year						Amortized	Converted
	2025	2024	2023	2022	2021	Prior	Cost Basis	to Term	Total

Commercial and industrial - PPP
Risk Rating
Pass	—	—	—	—	—	6	—	—	6
Special mention	—	—	—	—	—	—	—	—	—
Substandard	—	—	—	—	—	—	—	—	—
Doubtful	—	—	—	—	—	—	—	—	—
Total commercial and industrial - PPP loans, at amortized cost, gross	—	—	—	—	—	6	—	—	6
Gross write offs	—	—	—	—	—	1	—	—	1

The Company considers the performance of the loan portfolio to determine its impact on the ACL. For residential and consumer loan classes, the Company evaluates credit quality based on the aging status of the loan by payment activity. The following table presents the principal balance at March 31, 2026 of residential and consumer loans based on payment activity as well as gross write offs for the three months ended March 31, 2026.


													Revolving		Revolving
													Loans		Loans
	Term Loans Amortized Cost Basis by Origination Year												Amortized		Converted
	2026		2025		2024		2023		2022		Prior		Cost Basis		to Term		Total
Real estate - residential
Payment Performance
Performing	$	550	$	8,967	$	29,951	$	23,665	$	66,398	$	33,879	$	188,241	$	—	$	351,651
Nonperforming	—		—		149		807		1,472		3,489		1,737		—		7,654
Total real estate - residential loans, at amortized cost, gross	550		8,967		30,100		24,472		67,870		37,368		189,978		—		359,305
Gross write offs	—		—		181		92		169		—		77		—		519


							Revolving	Revolving
							Loans	Loans
	Term Loans Amortized Cost Basis by Origination Year						Amortized	Converted
	2026	2025	2024	2023	2022	Prior	Cost Basis	to Term	Total
Consumer and other
Payment Performance
Performing	141	11,206	48,567	16,888	3,386	188	1,402	—	81,778
Nonperforming	—	29	205	241	16	—	—	—	491
Total consumer and other loans, at amortized cost, gross	141	11,235	48,772	17,129	3,402	188	1,402	—	82,269
Gross write offs	2	19	189	126	63	68	65	—	532


													Revolving		Revolving
													Loans		Loans
	Term Loans Amortized Cost Basis by Origination Year												Amortized		Converted
	2025		2024		2023		2022		2021		Prior		Cost Basis		to Term		Total
Real estate - residential
Payment Performance
Performing	$	9,162	$	31,950	$	24,494	$	67,942	$	21,372	$	15,775	$	188,568	$	—	$	359,263
Nonperforming	—		150		550		716		867		2,512		1,369		—		6,164
Total real estate - residential loans, at amortized cost, gross	9,162		32,100		25,044		68,658		22,239		18,287		189,937		—		365,427
Gross write offs	—		—		—		141		—		—		842		—		983

Consumer and other
Payment Performance
Performing	12,047		50,220		17,921		4,220		171		49		1,504		—		86,132
Nonperforming	—		240		20		49		—		—		—		—		309
Total consumer and other loans, at amortized cost, gross	12,047		50,460		17,941		4,269		171		49		1,504		—		86,441
Gross write offs	233		680		251		1,088		23		9		74		—		2,358