v3.26.1
Loan and Allowance for Credit Losses (Tables)
3 Months Ended
Mar. 31, 2026
Loans And Leases Receivable Disclosure [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
March 31,
December 31,
(Dollars in thousands)
2026
2025
Commercial and industrial
$
31,841
$
33,887
Municipal
35,703
24,513
Construction and land development
60,248
56,436
Commercial real estate:
Owner occupied
58,848
59,568
Hotel/motel
55,005
47,870
Multifamily
53,798
51,516
Other
166,951
166,567
Total commercial
real estate
334,602
325,521
Residential real estate:
Consumer mortgage
57,637
59,781
Investment property
53,506
56,773
Total residential real
estate
111,143
116,554
Consumer installment
8,524
8,421
Total Loans, net of
unearned income before basis adjustment
582,061
565,332
Basis adjustment associated with fair value hedge (1)
(21)
22
Total Loans, net of
unearned income
$
582,040
$
565,354
(1) Represents the basis adjustment associated with application of hedge
accounting on certain loans.
The basis adjustment
will be allocated to the amortized cost of associated loans within the portfolio if
the hedge accounting is discontinued.
Refer to Note 6 - Derivative Instruments for additional information.
Past Due Financing Receivables [Table Text Block]
Accruing
Accruing
Total
30-89 Days
Greater than
Accruing
Non-
Total
(Dollars in thousands)
Current
Past Due
90 days
Loans
Accrual
Loans
March 31, 2026:
Commercial and industrial
$
31,726
115
31,841
$
31,841
Municipal
35,703
35,703
35,703
Construction and land development
60,208
40
60,248
60,248
Commercial real estate:
Owner occupied
58,848
58,848
58,848
Hotel/motel
53,352
1,653
55,005
55,005
Multifamily
53,798
53,798
53,798
Other
166,951
166,951
166,951
Total commercial
real estate
332,949
1,653
334,602
334,602
Residential real estate:
Consumer mortgage
57,185
384
57,569
68
57,637
Investment property
53,264
208
53,472
34
53,506
Total residential real
estate
110,449
384
208
111,041
102
111,143
Consumer installment
8,515
9
8,524
8,524
Total
$
579,550
2,201
208
581,959
102
$
582,061
December 31, 2025:
Commercial and industrial
$
33,881
6
33,887
$
33,887
Municipal
24,513
24,513
24,513
Construction and land development
56,395
41
56,436
56,436
Commercial real estate:
Owner occupied
59,085
105
59,190
378
59,568
Hotel/motel
47,870
47,870
47,870
Multifamily
51,516
51,516
51,516
Other
166,567
166,567
166,567
Total commercial
real estate
325,038
105
325,143
378
325,521
Residential real estate:
Consumer mortgage
58,993
720
59,713
68
59,781
Investment property
56,737
56,737
36
56,773
Total residential real
estate
115,730
720
116,450
104
116,554
Consumer installment
8,348
73
8,421
8,421
Total
$
563,905
945
564,850
482
$
565,332
Financing Receivable Credit Quality Indicators [Table Text Block]
Year of Origination
2026
2025
2024
2023
2022
Prior to
2022
Revolving
Loans
Total
Loans
(Dollars in thousands)
March 31, 2026:
Commercial and industrial
Pass
$
1,711
7,413
4,323
3,662
3,437
10,533
549
31,628
Special mention
2
3
5
Substandard accruing
74
1
133
208
Nonaccrual
Total commercial and industrial
1,785
7,413
4,325
3,666
3,570
10,533
549
31,841
Current period gross charge-offs
5
5
Municipal
Pass
$
11,980
1,156
4,090
16,984
1,493
35,703
Special mention
Substandard accruing
Nonaccrual
Total municipal
11,980
1,156
4,090
16,984
1,493
35,703
Current period gross charge-offs
Construction and land development
Pass
7,455
31,705
13,306
3,896
1,964
357
1,525
60,208
Special mention
Substandard accruing
40
40
Nonaccrual
Total construction and land development
7,455
31,705
13,306
3,896
2,004
357
1,525
60,248
Current period gross charge-offs
Commercial real estate:
Owner occupied
Pass
653
10,670
1,358
11,631
6,101
26,516
85
57,014
Special mention
617
722
1,339
Substandard accruing
495
495
Nonaccrual
Total owner occupied
653
11,287
1,853
11,631
6,101
27,238
85
58,848
Current period gross charge-offs
378
378
Hotel/motel
Pass
8,731
4,954
14,153
6,084
3,878
12,225
4,980
55,005
Special mention
Substandard accruing
Nonaccrual
Total hotel/motel
8,731
4,954
14,153
6,084
3,878
12,225
4,980
55,005
Current period gross charge-offs
Year of Origination
2026
2025
2024
2023
2022
Prior to
2022
Revolving
Loans
Total
Loans
(Dollars in thousands)
March 31, 2026:
Multifamily
Pass
2,830
1,248
3,590
12,446
20,388
10,314
50,816
Special mention
Substandard accruing
2,982
2,982
Nonaccrual
Total multi-family
2,830
1,248
3,590
12,446
20,388
13,296
53,798
Current period gross charge-offs
Other
Pass
3,948
34,963
39,753
16,820
27,873
39,015
4,071
166,443
Special mention
362
146
508
Substandard accruing
Nonaccrual
Total other
3,948
34,963
40,115
16,820
27,873
39,161
4,071
166,951
Current period gross charge-offs
Residential real estate:
Consumer mortgage
Pass
441
5,851
3,245
15,015
15,460
12,841
3,464
56,317
Special mention
183
183
Substandard accruing
244
825
1,069
Nonaccrual
68
68
Total consumer mortgage
441
6,095
3,245
15,083
15,460
13,849
3,464
57,637
Current period gross charge-offs
Investment property
Pass
1,953
7,970
8,133
8,743
9,273
16,212
859
53,143
Special mention
Substandard accruing
236
90
3
329
Nonaccrual
34
34
Total investment property
1,953
8,206
8,133
8,777
9,363
16,215
859
53,506
Current period gross charge-offs
Consumer installment
Pass
1,182
3,582
1,736
741
695
205
363
8,504
Special mention
6
1
7
Substandard accruing
7
6
13
Nonaccrual
Total consumer installment
1,182
3,582
1,749
748
695
205
363
8,524
Current period gross charge-offs
20
13
33
Total loans
Pass
40,884
108,356
89,597
80,194
93,159
145,202
17,389
574,781
Special mention
617
370
4
1,051
2,042
Substandard accruing
74
480
502
7
263
3,810
5,136
Nonaccrual
102
102
Total loans
$
40,958
109,453
90,469
80,307
93,422
150,063
17,389
$
582,061
Total current period gross charge-offs
$
25
13
378
$
416
Year of Origination
2025
2024
2023
2022
2021
Prior to
2020
Revolving
Loans
Total
Loans
(Dollars in thousands)
December 31, 2025:
Commercial and industrial
Pass
$
8,566
5,035
3,970
2,865
4,366
8,074
778
$
33,654
Special mention
74
4
7
85
Substandard accruing
7
139
2
148
Nonaccrual
Total commercial and industrial
8,640
5,039
3,984
3,004
4,368
8,074
778
33,887
Current period gross charge-offs
40
99
3
142
Municipal
Pass
$
837
1,156
4,190
6,013
9,145
3,172
$
24,513
Special mention
Substandard accruing
Nonaccrual
Total commercial and industrial
837
-
1,156
4,190
6,013
9,145
3,172
24,513
Current period gross charge-offs
Construction and land development
Pass
31,315
14,175
7,321
2,080
69
711
765
56,436
Special mention
Substandard accruing
Nonaccrual
Total construction and land development
31,315
14,175
7,321
2,080
69
711
765
56,436
Current period gross charge-offs
Commercial real estate:
Owner occupied
Pass
9,755
1,312
11,889
6,235
13,830
11,618
2,682
57,321
Special mention
620
750
1,370
Substandard accruing
499
499
Nonaccrual
378
378
Total owner occupied
10,375
1,811
11,889
6,235
13,830
11,996
3,432
59,568
Current period gross charge-offs
296
296
Hotel/motel
Pass
5,012
14,161
6,143
8,976
2,948
10,630
47,870
Special mention
Substandard accruing
Nonaccrual
Total hotel/motel
5,012
14,161
6,143
8,976
2,948
10,630
47,870
Current period gross charge-offs
Year of Origination
2025
2024
2023
2022
2021
Prior to
2020
Revolving
Loans
Total
Loans
(Dollars in thousands)
December 31, 2025:
Multifamily
Pass
1,254
3,615
12,550
20,560
1,726
8,652
142
48,499
Special mention
Substandard accruing
3,017
3,017
Nonaccrual
Total multi-family
1,254
3,615
12,550
20,560
1,726
11,669
142
51,516
Current period gross charge-offs
Other
Pass
25,027
41,004
12,501
28,033
17,244
24,310
17,589
165,708
Special mention
364
495
859
Substandard accruing
Nonaccrual
Total other
25,027
41,368
12,501
28,033
17,739
24,310
17,589
166,567
Current period gross charge-offs
Residential real estate:
Consumer mortgage
Pass
6,413
4,344
16,249
16,527
2,263
10,977
1,692
58,465
Special mention
184
65
249
Substandard accruing
754
245
999
Nonaccrual
68
68
Total consumer mortgage
6,413
4,344
16,317
16,527
2,263
11,915
2,002
59,781
Current period gross charge-offs
61
61
Investment property
Pass
9,332
8,045
10,016
9,849
6,790
10,375
1,999
56,406
Special mention
Substandard accruing
236
91
4
331
Nonaccrual
36
36
Total investment property
9,568
8,045
10,052
9,940
6,794
10,375
1,999
56,773
Current period gross charge-offs
2
2
Consumer installment
Pass
4,121
1,981
972
780
137
81
304
8,376
Special mention
7
2
9
Substandard accruing
8
7
21
36
Nonaccrual
Total consumer installment
4,129
1,995
995
780
137
81
304
8,421
Current period gross charge-offs
42
45
9
96
Total loans
Pass
101,632
93,672
82,767
100,095
55,386
94,573
29,123
557,248
Special mention
694
375
9
495
184
815
2,572
Substandard accruing
244
506
28
230
6
3,771
245
5,030
Nonaccrual
104
378
482
Total loans
$
102,570
94,553
82,908
100,325
55,887
98,906
30,183
$
565,332
T
otal current period gross charge-offs
$
82
45
114
4
296
$
541
Schedule Of Composition Of Provision For Credit Losses [Table Text Block]]
Quarter ended March 31,
(Dollars in thousands)
2026
2025
Provision for credit losses:
Loans
$
2
$
(57)
Reserve for unfunded commitments
(78)
47
Total provision for credit
losses
$
(76)
$
(10)
Allowance for Credit Losses on Financing Receivables [Table Text Block]
(Dollars in thousands)
Commercial
and industrial
Municipal
Construction
and land
development
Commercial
real estate
Residential
real estate
Consumer
installment
Total
Quarter ended March 31, 2026
Beginning balance
$
1,129
1,304
3,777
837
129
$
7,176
Charge-offs
(5)
(378)
(33)
(416)
Recoveries
2
12
14
Net (charge-offs) recoveries
(5)
(378)
2
(21)
(402)
Provision for credit losses
(438)
154
(610)
657
190
49
2
Ending balance
$
686
154
694
4,056
1,029
157
$
6,776
Quarter ended March 31, 2025:
Beginning balance
$
1,244
n/a
1,059
3,842
588
138
$
6,871
Charge-offs
(99)
n/a
(1)
(100)
Recoveries
28
n/a
2
6
36
Net (charge-offs) recoveries
(71)
n/a
1
6
(64)
Provision for credit losses
46
n/a
342
(689)
272
(28)
(57)
Ending balance
$
1,219
n/a
1,401
3,153
861
116
$
6,750
Schedule Of Financing Receivables NonAccrual Status [Table Text Block]
Nonaccrual Loans
Nonaccrual Loans
Total
(Dollars in thousands)
With No Allowance
With An Allowance
Nonaccrual Loans
March 31, 2026
Residential real estate
$
102
$
102
Total
$
102
$
102
December 31, 2025
Commercial real estate
$
378
$
378
Residential real estate
104
104
Total
$
378
104
$
482
Schedule Of Collateral Dependent Loans Individually Evaluated For ACL [Table Text Block]
(Dollars in thousands)
Real Estate
Total Loans
December 31, 2025:
Commercial real estate
$
378
$
378
Total
$
378
$
378