v3.26.1
Loans and Other Finance Receivables (Tables)
 6 Months Ended
Jun. 30, 2026
Receivables [Abstract]  
Schedule of Loans and Leases Outstanding
The following table presents loans and other finance receivables detailed by category at the dates indicated:
(dollars in thousands)June 30,
2026		December 31, 2025
Real estate loans:
Commercial mortgage$911,710 $879,440 
Home equity lines and loans112,784 107,002 
Residential mortgage 229,934 236,135 
Construction and land development315,511 330,543 
Total real estate loans1,569,939 1,553,120 
Commercial, industrial & other finance receivables445,594 428,981 
Small business loans124,600 139,765 
Consumer288 329 
Leases, net35,182 45,489 
Loans and other finance receivables$2,175,603 $2,167,684 
Balances included in loans and other finance receivables
Residential mortgage real estate loans accounted under fair value option, at fair value$13,619 $14,396 
Residential mortgage real estate loans accounted under fair value option, at amortized cost15,393 16,169 
Unearned lease income included in leases, net(4,065)(4,980)
Unamortized net deferred loan origination costs, not included in loans above2,375 2,916 
Schedule of Age Analysis of Past Due Loans and Leases
The following tables present an aging of the Corporation’s loans at the dates indicated:
June 30, 2026
(dollars in thousands)30-59 days past due60-89 days past dueTotal past dueCurrentTotal accruing Nonaccrual Total loans and other finance receivables% Delinquent
Commercial mortgage$84 $— $84 $899,391 $899,475 $12,235 $911,710 1.35 %
Home equity lines and loans100 99 199 110,985 111,184 1,600 112,784 1.60 
Residential mortgage (1)
— 444 444 220,754 221,198 8,736 229,934 3.99 
Construction and land development— — — 289,055 289,055 26,456 315,511 8.38 
Commercial, industrial & other finance receivables— — — 438,646 438,646 6,948 445,594 1.56 
Small business loans (2)
470 — 470 99,522 99,992 24,608 124,600 20.13 
Consumer— — — 288 288 — 288 — 
Leases, net585 185 770 32,922 33,692 1,490 35,182 6.42 %
Total$1,239 $728 $1,967 $2,091,563 $2,093,530 $82,073 $2,175,603 3.86 %
(1) Includes $13.6 million of loans at fair value of which $13.3 million are current, zero are 30-89 days past due and $335 thousand are nonaccrual.
(2) Includes $11.9 million of loans within nonaccrual category that are guaranteed by the SBA.
December 31, 2025
(dollars in thousands)30-59 days past due60-89 days past dueTotal past dueCurrentTotal accruing Nonaccrual Total loans and other finance receivables% Delinquent
Commercial mortgage$1,059 $328 $1,387 $875,581 $876,968 $2,472 $879,440 0.44 %
Home equity lines and loans513 — 513 104,466 104,979 2,023 107,002 2.37 
Residential mortgage (1)
1,843 621 2,464 223,286 225,750 10,385 236,135 5.44 
Construction and land development— — — 323,893 323,893 6,650 330,543 2.01 
Commercial, industrial & other finance receivables1,099 — 1,099 421,112 422,211 6,770 428,981 1.83 
Small business loans (2)
739 — 739 114,245 114,984 24,781 139,765 18.26 
Consumer— — — 329 329 — 329 — 
Leases, net699 249 948 42,562 43,510 1,979 45,489 6.43 
Total$5,952 $1,198 $7,150 $2,105,474 $2,112,624 $55,060 $2,167,684 2.87 %
(1) Includes $14.4 million of loans at fair value of which $13.3 million are current, $604 thousand are 30-89 days past due and $510 thousand are nonaccrual.
(2) Includes $13.2 million of loans within nonaccrual category that are guaranteed by the SBA.
Schedule of Financing Receivables, Nonaccrual
The following table presents the amortized costs basis of loans on nonaccrual status, net of fees and costs as of June 30, 2026 and December 31, 2025. As of these dates there were no loans 90 days or more past due and still accruing.
June 30, 2026
December 31, 2025
(dollars in thousands)Nonaccrual without ACLNonaccrual with ACLTotal nonaccrualNonaccrual without ACLNonaccrual with ACLTotal nonaccrual
Commercial mortgage$12,235 $— $12,235 $2,472 $— $2,472 
Home equity lines and loans1,223 377 1,600 2,023 — 2,023 
Residential mortgage7,207 1,529 8,736 9,020 1,365 10,385 
Construction and land development23,726 2,730 26,456 1,889 4,761 6,650 
Commercial, industrial & other finance receivables6,948 — 6,948 6,770 — 6,770 
Small business loans (1)
18,336 6,272 24,608 18,050 6,731 24,781 
Leases, net— 1,490 1,490 — 1,979 1,979 
Total$69,675 $12,398 $82,073 $40,224 $14,836 $55,060 
(1) Included in non-performing small business loans as of June 30, 2026 and December 31, 2025, are $11.9 million and $13.2 million in SBA guarantees.
Schedule of Non-accruing Collateral Dependent Loans by Class or Loans
The following table presents the amortized cost basis of non-accruing collateral-dependent loans and other finance receivables by class as of June 30, 2026 and December 31, 2025 under the current expected credit loss model:
June 30, 2026December 31, 2025
(dollars in thousands)Real estateEquipment and otherTotalReal estateEquipment and otherTotal
Commercial mortgage$12,235 $— $12,235 $2,472 $— $2,472 
Home equity lines and loans1,600 — 1,600 2,023 — 2,023 
Residential mortgage8,736 — 8,736 10,385 — 10,385 
Construction and land development26,456 — 26,456 6,650 — 6,650 
Commercial, industrial & other finance receivables1,731 5,217 6,948 1,372 5,398 6,770 
Small business loans20,847 3,761 24,608 19,287 5,494 24,781 
Total$71,605 $8,978 $80,583 $42,189 $10,892 $53,081