| Schedule of Activity in the Allowance for Credit Losses |
| | | | | | | | | | | | | | | | | | | | | At or for the Three Months Ended June 30, 2026 | | | Balance at | | | | | | | | | | | | | | | | | Beginning of | | | | | | | | Acquired PSL | | Provision/ | | Balance at | (in thousands) | | Period | | Charge Offs | | Recoveries | | Loans | | (Credit) | | End of Period | Commercial construction | | $ | 4,328 | | $ | — | | $ | — | | $ | — | | $ | 549 | | $ | 4,877 | Commercial real estate owner occupied | | | 3,627 | | | — | | | — | | | — | | | (168) | | | 3,459 | Commercial real estate non-owner occupied | | | 13,809 | | | (3,283) | | | — | | | — | | | 986 | | | 11,512 | Municipal and other | | | 111 | | | — | | | — | | | — | | | (16) | | | 95 | Commercial and industrial | | | 5,549 | | | (32) | | | 17 | | | — | | | 195 | | | 5,729 | Residential real estate | | | 5,972 | | | (52) | | | 31 | | | 72 | | | (383) | | | 5,640 | Home equity | | | 777 | | | — | | | 7 | | | — | | | (6) | | | 778 | Consumer other | | | 142 | | | (96) | | | 2 | | | — | | | 93 | | | 141 | Total | | $ | 34,315 | | $ | (3,463) | | $ | 57 | | $ | 72 | | $ | 1,250 | | $ | 32,231 |
| | | | | | | | | | | | | | | | | | | | | At or for the Six Months Ended June 30, 2026 | | | Balance at | | | | | | | | | | | | | | | | | Beginning of | | | | | | | Acquired PSL | | Provision/ | | Balance at | (in thousands) | | Period | | Charge Offs | | Recoveries | | Loans | | (Credit) | | End of Period | Commercial construction | | $ | 4,371 | | $ | — | | $ | — | | $ | — | | $ | 506 | | $ | 4,877 | Commercial real estate owner occupied | | | 4,045 | | | — | | | — | | | — | | | (586) | | | 3,459 | Commercial real estate non-owner occupied | | | 12,837 | | | (3,283) | | | — | | | — | | | 1,958 | | | 11,512 | Municipal and other | | | 119 | | | — | | | — | | | — | | | (24) | | | 95 | Commercial and industrial | | | 5,378 | | | (32) | | | 52 | | | — | | | 331 | | | 5,729 | Residential real estate | | | 6,350 | | | (55) | | | 42 | | | 72 | | | (769) | | | 5,640 | Home equity | | | 814 | | | (9) | | | 9 | | | — | | | (36) | | | 778 | Consumer other | | | 138 | | | (181) | | | 9 | | | — | | | 175 | | | 141 | Total | | $ | 34,052 | | $ | (3,560) | | $ | 112 | | $ | 72 | | $ | 1,555 | | $ | 32,231 |
| | | | | | | | | | | | | | | | | | At or for the Three Months Ended June 30, 2025 | | | Balance at | | | | | | | | | | | | | | | Beginning of | | | | | | | Provision/ | | Balance at | (in thousands) | | Period | | Charge Offs | | Recoveries | | (Credit) | | End of Period | Commercial construction | | $ | 2,065 | | $ | — | | $ | — | | $ | (33) | | $ | 2,032 | Commercial real estate owner occupied | | | 2,830 | | | — | | | — | | | (7) | | | 2,823 | Commercial real estate non-owner occupied | | | 10,923 | | | — | | | — | | | 57 | | | 10,980 | Municipal and other | | | 112 | | | — | | | — | | | (2) | | | 110 | Commercial and industrial | | | 5,414 | | | (205) | | | 1 | | | 454 | | | 5,664 | Residential real estate | | | 6,447 | | | — | | | 6 | | | (47) | | | 6,406 | Home equity | | | 744 | | | — | | | 2 | | | 40 | | | 786 | Consumer other | | | 79 | | | (61) | | | — | | | 66 | | | 84 | Total | | $ | 28,614 | | $ | (266) | | $ | 9 | | $ | 528 | | $ | 28,885 |
| | | | | | | | | | | | | | | | | | At or for the Six Months Ended June 30, 2025 | | | Balance at | | | | | | | | | | | | | | | Beginning of | | | | | | | | Provision/ | | Balance at | (in thousands) | | Period | | Charge Offs | | Recoveries | | (Credit) | | End of Period | Commercial construction | | $ | 2,096 | | $ | — | | $ | — | | $ | (64) | | $ | 2,032 | Commercial real estate owner occupied | | | 2,794 | | | — | | | — | | | 29 | | | 2,823 | Commercial real estate non-owner occupied | | | 11,104 | | | — | | | — | | | (124) | | | 10,980 | Municipal and other | | | 128 | | | — | | | — | | | (18) | | | 110 | Commercial and industrial | | | 5,064 | | | (244) | | | 3 | | | 841 | | | 5,664 | Residential real estate | | | 6,732 | | | — | | | 10 | | | (336) | | | 6,406 | Home equity | | | 741 | | | — | | | 7 | | | 38 | | | 786 | Consumer other | | | 85 | | | (106) | | | — | | | 105 | | | 84 | Total | | $ | 28,744 | | $ | (350) | | $ | 20 | | $ | 471 | | $ | 28,885 |
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| Schedule of Loans by Risk Rating |
The following table presents our loans by year of origination, loan segmentation and risk indicator as of June 30, 2026: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (in thousands) | | 2026 | | 2025 | | 2024 | | 2023 | | 2022 | | Prior | | Total | Commercial construction | | | | | | | | | | | | | | | | | | | | | | Risk rating: | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 2,699 | | $ | 108,130 | | $ | 61,436 | | $ | 49,238 | | $ | 22,327 | | $ | 4,839 | | $ | 248,669 | Special mention | | | — | | | — | | | — | | | — | | | — | | | 124 | | | 124 | Substandard | | | — | | | — | | | — | | | — | | | — | | | 28 | | | 28 | Total | | $ | 2,699 | | $ | 108,130 | | $ | 61,436 | | $ | 49,238 | | $ | 22,327 | | $ | 4,991 | | $ | 248,821 | Current period gross write-offs | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | | Commercial real estate owner occupied | | | | | | | | | | | | | | | | | | | | | | Risk rating: | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 16,653 | | $ | 42,332 | | $ | 37,254 | | $ | 40,309 | | $ | 71,749 | | $ | 126,827 | | $ | 335,124 | Special mention | | | — | | | — | | | — | | | 865 | | | 585 | | | 14,484 | | | 15,934 | Substandard | | | — | | | — | | | — | | | — | | | — | | | 1,583 | | | 1,583 | Doubtful | | | — | | | — | | | — | | | — | | | — | | | 51 | | | 51 | Total | | $ | 16,653 | | $ | 42,332 | | $ | 37,254 | | $ | 41,174 | | $ | 72,334 | | $ | 142,945 | | $ | 352,692 | Current period gross write-offs | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | | Commercial real estate non-owner occupied | | | | | | | | | | | | | | | | | | | | | | Risk rating: | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 101,487 | | $ | 239,307 | | $ | 74,320 | | $ | 56,603 | | $ | 326,973 | | $ | 515,372 | | $ | 1,314,062 | Special mention | | | — | | | — | | | 26,531 | | | 397 | | | 32,753 | | | 34,643 | | | 94,324 | Substandard | | | — | | | — | | | — | | | 7,532 | | | — | | | 16,344 | | | 23,876 | Doubtful | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Total | | $ | 101,487 | | $ | 239,307 | | $ | 100,851 | | $ | 64,532 | | $ | 359,726 | | $ | 566,359 | | $ | 1,432,262 | Current period gross write-offs | | | — | | | — | | | — | | | — | | | — | | | 3,283 | | | 3,283 | | | | | | | | | | | | | | | | | | | | | | | Municipal and other | | | | | | | | | | | | | | | | | | | | | | Risk rating: | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 2,091 | | $ | 2,794 | | $ | 2,662 | | $ | 4,299 | | $ | 5,693 | | $ | 19,259 | | $ | 36,798 | Special mention | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Substandard | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Total | | $ | 2,091 | | $ | 2,794 | | $ | 2,662 | | $ | 4,299 | | $ | 5,693 | | $ | 19,259 | | $ | 36,798 | Current period gross write-offs | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | | Commercial and industrial | | | | | | | | | | | | | | | | | | | | | | Risk rating: | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 45,423 | | $ | 42,063 | | $ | 67,368 | | $ | 47,548 | | $ | 42,640 | | $ | 98,807 | | $ | 343,849 | Special mention | | | 176 | | | 10,031 | | | 82 | | | 810 | | | 758 | | | 1,088 | | | 12,945 | Substandard | | | — | | | 67 | | | 517 | | | 61 | | | 335 | | | 2,250 | | | 3,230 | Doubtful | | | — | | | — | | | — | | | — | | | 85 | | | 159 | | | 244 | Total | | $ | 45,599 | | $ | 52,161 | | $ | 67,967 | | $ | 48,419 | | $ | 43,818 | | $ | 102,304 | | $ | 360,268 | Current period gross write-offs | | | — | | | — | | | 20 | | | — | | | 12 | | | — | | | 32 |
| | | | | | | | | | | | | | | | | | | | | | Residential real estate | | | | | | | | | | | | | | | | | | | | | | Performing | | $ | 41,281 | | $ | 44,675 | | $ | 40,044 | | $ | 70,866 | | $ | 200,240 | | $ | 644,448 | | $ | 1,041,554 | Nonperforming | | | — | | | — | | | 93 | | | 1,233 | | | 1,850 | | | 5,329 | | | 8,505 | Total | | $ | 41,281 | | $ | 44,675 | | $ | 40,137 | | $ | 72,099 | | $ | 202,090 | | $ | 649,777 | | $ | 1,050,059 | Current period gross write-offs | | | — | | | — | | | — | | | — | | | 2 | | | 53 | | | 55 | | | | | | | | | | | | | | | | | | | | | | | Home equity | | | | | | | | | | | | | | | | | | | | | | Performing | | $ | 8,152 | | $ | 23,322 | | $ | 21,893 | | $ | 14,976 | | $ | 11,848 | | $ | 39,323 | | $ | 119,514 | Nonperforming | | | — | | | 20 | | | — | | | 94 | | | 218 | | | 766 | | | 1,098 | Total | | $ | 8,152 | | $ | 23,342 | | $ | 21,893 | | $ | 15,070 | | $ | 12,066 | | $ | 40,089 | | $ | 120,612 | Current period gross write-offs | | | — | | | — | | | — | | | — | | | — | | | 9 | | | 9 | | | | | | | | | | | | | | | | | | | | | | | Consumer other | | | | | | | | | | | | | | | | | | | | | | Performing | | $ | 3,486 | | $ | 3,903 | | $ | 1,888 | | $ | 1,903 | | $ | 463 | | $ | 923 | | $ | 12,566 | Nonperforming | | | — | | | 46 | | | 19 | | | 37 | | | — | | | — | | | 102 | Total | | $ | 3,486 | | $ | 3,949 | | $ | 1,907 | | $ | 1,940 | | $ | 463 | | $ | 923 | | $ | 12,668 | Current period gross write-offs | | | — | | | 29 | | | 27 | | | 11 | | | 1 | | | 113 | | | 181 | | | | | | | | | | | | | | | | | | | | | | | Total Loans | | $ | 221,448 | | $ | 516,690 | | $ | 334,107 | | $ | 296,771 | | $ | 718,517 | | $ | 1,526,647 | | $ | 3,614,180 |
The following table presents our loans by year of origination, loan segmentation and risk indicator as of December 31, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (in thousands) | | 2025 | | 2024 | | 2023 | | 2022 | | 2021 | | Prior | | Total | Commercial construction | | | | | | | | | | | | | | | | | | | | | | Risk rating: | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 62,267 | | $ | 62,422 | | $ | 43,824 | | $ | 22,609 | | $ | 2,373 | | $ | 5,819 | | $ | 199,314 | Special mention | | | — | | | 14,434 | | | — | | | — | | | — | | | — | | | 14,434 | Substandard | | | — | | | — | | | — | | | — | | | — | | | 31 | | | 31 | Total | | $ | 62,267 | | $ | 76,856 | | $ | 43,824 | | $ | 22,609 | | $ | 2,373 | | $ | 5,850 | | $ | 213,779 | Current period gross write-offs | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | | Commercial real estate owner occupied | | | | | | | | | | | | | | | | | | | | | | Risk rating: | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 60,013 | | $ | 37,785 | | $ | 47,601 | | $ | 74,993 | | $ | 31,512 | | $ | 115,774 | | $ | 367,678 | Special mention | | | — | | | — | | | 878 | | | 596 | | | 13,377 | | | 1,329 | | | 16,180 | Substandard | | | — | | | — | | | — | | | — | | | — | | | 1,895 | | | 1,895 | Doubtful | | | — | | | — | | | — | | | — | | | — | | | 90 | | | 90 | Total | | $ | 60,013 | | $ | 37,785 | | $ | 48,479 | | $ | 75,589 | | $ | 44,889 | | $ | 119,088 | | $ | 385,843 | Current period gross write-offs | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | | Commercial real estate non-owner occupied | | | | | | | | | | | | | | | | | | | | | | Risk rating: | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 234,960 | | $ | 78,781 | | $ | 56,134 | | $ | 329,779 | | $ | 188,810 | | $ | 420,958 | | $ | 1,309,422 | Special mention | | | — | | | 25,392 | | | — | | | 32,650 | | | 21,930 | | | 25,313 | | | 105,285 | Substandard | | | — | | | — | | | 7,596 | | | — | | | — | | | 28,294 | | | 35,890 | Doubtful | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Total | | $ | 234,960 | | $ | 104,173 | | $ | 63,730 | | $ | 362,429 | | $ | 210,740 | | $ | 474,565 | | $ | 1,450,597 | Current period gross write-offs | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | | Municipal and other | | | | | | | | | | | | | | | | | | | | | | Risk rating: | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 7,824 | | $ | 2,852 | | $ | 4,629 | | $ | 6,030 | | $ | 918 | | $ | 20,853 | | $ | 43,106 | Special mention | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Substandard | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Total | | $ | 7,824 | | $ | 2,852 | | $ | 4,629 | | $ | 6,030 | | $ | 918 | | $ | 20,853 | | $ | 43,106 | Current period gross write-offs | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | | Commercial and industrial | | | | | | | | | | | | | | | | | | | | | | Risk rating: | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 54,711 | | $ | 67,007 | | $ | 45,202 | | $ | 41,687 | | $ | 9,046 | | $ | 88,496 | | $ | 306,149 | Special mention | | | 127 | | | 104 | | | 1,366 | | | 1,766 | | | 431 | | | 1,108 | | | 4,902 | Substandard | | | 70 | | | 581 | | | 56 | | | 395 | | | 395 | | | 2,576 | | | 4,073 | Doubtful | | | — | | | — | | | — | | | 85 | | | 5 | | | 156 | | | 246 | Total | | $ | 54,908 | | $ | 67,692 | | $ | 46,624 | | $ | 43,933 | | $ | 9,877 | | $ | 92,336 | | $ | 315,370 | Current period gross write-offs | | | — | | | 86 | | | — | | | — | | | 25 | | | 626 | | | 737 |
| | | | | | | | | | | | | | | | | | | | | | Residential real estate | | | | | | | | | | | | | | | | | | | | | | Performing | | $ | 45,303 | | $ | 47,589 | | $ | 76,856 | | $ | 211,153 | | $ | 187,848 | | $ | 491,752 | | $ | 1,060,501 | Nonperforming | | | — | | | — | | | 1,279 | | | 1,289 | | | 1,229 | | | 4,115 | | | 7,912 | Total | | $ | 45,303 | | $ | 47,589 | | $ | 78,135 | | $ | 212,442 | | $ | 189,077 | | $ | 495,867 | | $ | 1,068,413 | Current period gross write-offs | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | | Home equity | | | | | | | | | | | | | | | | | | | | | | Performing | | $ | 20,279 | | $ | 22,933 | | $ | 15,121 | | $ | 12,304 | | $ | 6,672 | | $ | 35,992 | | $ | 113,301 | Nonperforming | | | — | | | — | | | 99 | | | 227 | | | 89 | | | 768 | | | 1,183 | Total | | $ | 20,279 | | $ | 22,933 | | $ | 15,220 | | $ | 12,531 | | $ | 6,761 | | $ | 36,760 | | $ | 114,484 | Current period gross write-offs | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | | Consumer other | | | | | | | | | | | | | | | | | | | | | | Performing | | $ | 6,764 | | $ | 2,538 | | $ | 2,848 | | $ | 971 | | $ | 328 | | $ | 742 | | $ | 14,191 | Nonperforming | | | 46 | | | 11 | | | 17 | | | — | | | — | | | 2 | | | 76 | Total | | $ | 6,810 | | $ | 2,549 | | $ | 2,865 | | $ | 971 | | $ | 328 | | $ | 744 | | $ | 14,267 | Current period gross write-offs | | | — | | | 26 | | | 27 | | | 16 | | | 4 | | | 211 | | | 284 | | | | | | | | | | | | | | | | | | | | | | | Total Loans | | $ | 492,364 | | $ | 362,429 | | $ | 303,506 | | $ | 736,534 | | $ | 464,963 | | $ | 1,246,063 | | $ | 3,605,859 |
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| Summary of Past Due Loans |
| | | | | | | | | | | | | | | | | | | | | June 30, 2026 | (in thousands) | | 30-59 | | 60-89 | | 90+ | | Total Past Due | | Current | | Total Loans | Commercial construction | | $ | — | | $ | 28 | | $ | — | | $ | 28 | | $ | 248,793 | | $ | 248,821 | Commercial real estate owner occupied | | | 123 | | | — | | | — | | | 123 | | | 352,569 | | | 352,692 | Commercial real estate non-owner occupied | | | — | | | 175 | | | 110 | | | 285 | | | 1,431,977 | | | 1,432,262 | Municipal and other | | | — | | | — | | | — | | | — | | | 36,798 | | | 36,798 | Commercial and industrial | | | 451 | | | 53 | | | 610 | | | 1,114 | | | 359,154 | | | 360,268 | Residential real estate | | | 1,182 | | | 2,585 | | | 3,679 | | | 7,446 | | | 1,042,613 | | | 1,050,059 | Home equity | | | 109 | | | 165 | | | 490 | | | 764 | | | 119,848 | | | 120,612 | Consumer other | | | 48 | | | 25 | | | 62 | | | 135 | | | 12,533 | | | 12,668 | Total | | $ | 1,913 | | $ | 3,031 | | $ | 4,951 | | $ | 9,895 | | $ | 3,604,285 | | $ | 3,614,180 |
| | | | | | | | | | | | | | | | | | | | | December 31, 2025 | (in thousands) | | 30-59 | | 60-89 | | 90+ | | Total Past Due | | Current | | Total Loans | Commercial construction | | $ | 162 | | $ | — | | $ | — | | $ | 162 | | $ | 213,617 | | $ | 213,779 | Commercial real estate owner occupied | | | 641 | | | — | | | 723 | | | 1,364 | | | 384,479 | | | 385,843 | Commercial real estate non-owner occupied | | | — | | | — | | | 122 | | | 122 | | | 1,450,475 | | | 1,450,597 | Municipal and other | | | — | | | — | | | — | | | — | | | 43,106 | | | 43,106 | Commercial and industrial | | | 899 | | | 26 | | | 893 | | | 1,818 | | | 313,552 | | | 315,370 | Residential real estate | | | 9,162 | | | 1,190 | | | 4,640 | | | 14,992 | | | 1,053,421 | | | 1,068,413 | Home equity | | | 876 | | | 549 | | | 476 | | | 1,901 | | | 112,583 | | | 114,484 | Consumer other | | | 33 | | | 45 | | | 51 | | | 129 | | | 14,138 | | | 14,267 | Total | | $ | 11,773 | | $ | 1,810 | | $ | 6,905 | | $ | 20,488 | | $ | 3,585,371 | | $ | 3,605,859 |
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