v3.26.1
LOANS AND CREDIT QUALITY (Tables)
 6 Months Ended
Jun. 30, 2026
Receivables [Abstract]  
Schedule of loans and leases, excluding loans held for sale
The following table presents loans by class, excluding loans held for sale, net of deferred fees and costs as of the dates presented:

(dollars in thousands)June 30, 2026December 31, 2025
Commercial and industrial$590,404 $594,592 
Construction211,007 213,191 
Residential mortgage1,815,342 1,839,191 
Home equity577,283 600,082 
Commercial mortgage1,686,361 1,594,433 
Consumer427,925 447,607 
Loans, net of deferred fees and costs$5,308,322 $5,289,096 
Schedule Of Loan Purchase Activity By Class
The following table presents loan purchase activity by class at the time of purchase for the periods presented. None of the purchased loans were classified as purchased credit deteriorated ("PCD"), and there were no loans categorized as PCD during the periods presented.

(dollars in thousands)Three Months Ended June 30,Six Months Ended June 30,
Purchases of U.S. Mainland Consumer - Dealer:2026202520262025
Outstanding balance$23,183 $32,787 $38,655 $64,227 
Premium341 1,000 664 1,236 
Purchase price$23,524 $33,787 $39,319 $65,463 
Schedule of balance in the allowance for loan and lease losses and the recorded investment in loans and leases based on the impairment measurement methods, by class The following tables present the amortized cost basis of collateral-dependent loans by class and the related ACL allocated to these loans as of the dates presented:
June 30, 2026December 31, 2025
(dollars in thousands)Secured by 1-4 Family Residential PropertiesAllocated ACLSecured by 1-4 Family Residential PropertiesAllocated ACL
Residential mortgage$9,268 $— $10,572 $— 
Home equity5,619 — 2,608 — 
Total$14,887 $— $13,180 $— 
Schedule of aging of the recorded investment in past due loans and leases, by class The following tables also present the amortized cost of loans on nonaccrual status for which there was no related ACL as of the dates presented:
(dollars in thousands)Accruing Loans 30 - 59 Days Past DueAccruing Loans 60 - 89 Days Past DueAccruing Loans 90 Days or More Past DueNonaccrual LoansTotal Past Due and NonaccrualLoans Not Past DueTotal LoansNonaccrual Loans With No ACL
June 30, 2026
Commercial and industrial$1,212 $317 $— $192 $1,721 $588,683 $590,404 $— 
Construction— — — — — 211,007 211,007 — 
Residential mortgage45 1,983 — 9,268 11,296 1,804,046 1,815,342 9,268 
Home equity488 1,011 — 5,619 7,118 570,165 577,283 5,619 
Commercial mortgage881 383 — — 1,264 1,685,097 1,686,361 — 
Consumer3,322 1,203 286 543 5,354 422,571 427,925 — 
Total$5,948 $4,897 $286 $15,622 $26,753 $5,281,569 $5,308,322 $14,887 

(dollars in thousands)Accruing Loans 30 - 59 Days Past DueAccruing Loans 60 - 89 Days Past DueAccruing Loans 90 Days or More Past DueNonaccrual LoansTotal Past Due and NonaccrualLoans Not Past DueTotal LoansNonaccrual Loans With No ACL
December 31, 2025
Commercial and industrial$461 $218 $— $591 $1,270 $593,322 $594,592 $— 
Construction— — — — — 213,191 213,191 — 
Residential mortgage6,399 2,030 664 10,572 19,665 1,819,526 1,839,191 10,572 
Home equity1,029 809 485 2,608 4,931 595,151 600,082 2,608 
Commercial mortgage— — — — — 1,594,433 1,594,433 — 
Consumer3,357 1,312 403 615 5,687 441,920 447,607 — 
Total$11,246 $4,369 $1,552 $14,386 $31,553 $5,257,543 $5,289,096 $13,180 
Schedule of recorded investment in loans and leases, by class and credit indicator
The following tables present the amortized cost basis, net of deferred fees and costs, of the Company's loans by class, credit quality indicator and origination year as of the dates presented. Revolving loans converted to term as of and during the periods presented were not material to total loans. In addition, the following tables present gross charge-offs of loans by origination year during the periods presented.
(dollars in thousands)Amortized Cost of Term Loans by Year of OriginationAmortized Cost of Revolving Loans
June 30, 202620262025202420232022PriorTotal
Commercial and industrial:
Risk Rating
Pass$40,635 $45,706 $156,380 $27,412 $51,322 $140,025 $114,166 $575,646 
Special Mention1,773 — 1,342 — — — — 3,115 
Substandard1,934 1,430 2,071 3,471 972 1,618 147 11,643 
Subtotal44,342 47,136 159,793 30,883 52,294 141,643 114,313 590,404 
Construction:
Risk Rating
Pass313 92,646 38,826 11,392 14,965 20,858 — 179,000 
Substandard— — — — — 32,007 — 32,007 
Subtotal313 92,646 38,826 11,392 14,965 52,865 — 211,007 
Residential mortgage:
Risk Rating
Pass78,222 86,858 53,832 72,787 227,931 1,286,444 — 1,806,074 
Substandard— — — 233 660 8,375 — 9,268 
Subtotal78,222 86,858 53,832 73,020 228,591 1,294,819 — 1,815,342 
Home equity:
Risk Rating
Pass44 447 1,323 9,183 23,960 44,192 492,515 571,664 
Substandard— — — 1,185 — — 4,434 5,619 
Subtotal44 447 1,323 10,368 23,960 44,192 496,949 577,283 
Commercial mortgage:
Risk Rating
Pass171,902 195,011 124,390 91,746 202,073 839,762 — 1,624,884 
Special Mention— — 2,018 — — 3,955 — 5,973 
Substandard— — 35,420 2,178 5,884 12,022 — 55,504 
Subtotal171,902 195,011 161,828 93,924 207,957 855,739 — 1,686,361 
Consumer:
Risk Rating
Pass24,328 100,288 75,356 40,552 74,114 71,962 40,495 427,095 
Substandard— 67 115 94 — 405 149 830 
Subtotal24,328 100,355 75,471 40,646 74,114 72,367 40,644 427,925 
Total$319,151 $522,453 $491,073 $260,233 $601,881 $2,461,625 $651,906 $5,308,322 
(dollars in thousands)Gross Charge-Offs by Year of Origination
Six Months Ended June 30, 202620262025202420232022PriorTotal
Commercial and industrial$— $276 $684 $214 $114 $1,121 $2,409 
Real estate:
Residential mortgage— — — 9 14 — 23 
Consumer5 499 740 349 1,830 1,161 4,584 
Gross charge-offs$5 $775 $1,424 $572 $1,958 $2,282 $7,016 
(dollars in thousands)Amortized Cost of Term Loans by Year of OriginationAmortized Cost of Revolving Loans
December 31, 202520252024202320222021PriorTotal
Commercial and industrial:
Risk Rating
Pass$63,780 $166,412 $34,598 $56,913 $47,935 $115,991 $103,393 $589,022 
Special Mention— 660 1,869 — — — — 2,529 
Substandard— 1,056 805 — 103 480 597 3,041 
Subtotal63,780 168,128 37,272 56,913 48,038 116,471 103,990 594,592 
Construction:
Risk Rating
Pass57,887 24,133 24,091 48,970 17,741 40,369 — 213,191 
Subtotal57,887 24,133 24,091 48,970 17,741 40,369 — 213,191 
Residential mortgage:
Risk Rating
Pass95,400 72,780 79,382 237,379 556,527 786,487 — 1,827,955 
Substandard— — 246 2,263 405 8,322 — 11,236 
Subtotal95,400 72,780 79,628 239,642 556,932 794,809 — 1,839,191 
Home equity:
Risk Rating
Pass416 988 10,944 25,112 15,989 31,915 511,625 596,989 
Substandard— — 1,185 — — 1,423 485 3,093 
Subtotal416 988 12,129 25,112 15,989 33,338 512,110 600,082 
Commercial mortgage:
Risk Rating
Pass204,072 146,975 92,107 204,149 210,061 681,060 5,771 1,544,195 
Special Mention— — 593 — — 471 — 1,064 
Substandard— 32,987 2,200 5,978 2,194 5,815 — 49,174 
Subtotal204,072 179,962 94,900 210,127 212,255 687,346 5,771 1,594,433 
Consumer:
Risk Rating
Pass81,799 85,641 54,227 97,994 71,458 17,527 37,944 446,590 
Substandard95 101 81 109 148 483 — 1,017 
Subtotal81,894 85,742 54,308 98,103 71,606 18,010 37,944 447,607 
Total$503,449 $531,733 $302,328 $678,867 $922,561 $1,690,343 $659,815 $5,289,096 
(dollars in thousands)Gross Charge-Offs by Year of Origination
Six Months Ended June 30, 202520252024202320222021PriorTotal
Commercial and industrial$— $2,140 $145 $188 $140 $825 $3,438 
Consumer— 501 512 2,986 1,234 608 5,841 
Gross charge-offs$— $2,641 $657 $3,174 $1,374 $1,433 $9,279