v3.26.1
Segments (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Business Segment Financial Information
The table below summarizes income and expenses, directly attributable to each business line, which have been included in the statement of operations. Total assets for each segment is also provided.
Segment Information
Three Months Ended June 30, 2026
Three Months Ended June 30, 2025
(dollars in thousands)BankWealthMortgageTotalBankWealthMortgageTotal
Interest income$40,175 $— $605 $40,780 $40,723 $— $488 $41,211 
Interest expense17,576 (58)471 17,989 19,698 (63)417 20,052 
Net interest income22,599 58 134 22,791 21,025 63 71 21,159 
Provision for credit losses2,968 — — 2,968 3,803 — — 3,803 
Net interest income after provision19,631 58 134 19,823 17,222 63 71 17,356 
Non-interest Income:
Mortgage banking income23 — 6,072 6,095 32 — 5,730 5,762 
Wealth management income— 1,706 — 1,706 — 1,492 — 1,492 
SBA loan income615 — — 615 1,988 — — 1,988 
(Loss) gain on sale of MSRs— — — — 84 — 383 467 
Net change in fair values32 — 116 148 (15)— 274 259 
Net gain on hedging activity— — 51 51 — — 16 16 
Other1,174 — 94 1,268 940 — 364 1,304 
Non-interest income1,844 1,706 6,333 9,883 3,029 1,492 6,767 11,288 
Non-interest expense:
Salaries and employee benefits7,702 778 4,713 13,193 8,343 653 4,183 13,179 
Occupancy and equipment885 25 262 1,172 727 307 1,037 
Professional fees990 53 121 1,164 1,019 51 94 1,164 
Data processing and software
1,565 51 402 2,018 1,292 43 371 1,706 
Advertising and promotion990 192 135 1,317 1,053 99 125 1,277 
Pennsylvania bank shares tax243 — 246 264 — 269 
Other
2,681 88 348 3,117 2,351 97 277 2,725 
Non-interest expense15,056 1,190 5,981 22,227 15,049 951 5,357 21,357 
Income before income taxes$6,419 $574 $486 $7,479 $5,202 $604 $1,481 $7,287 
Total Assets$2,490,043 $14,862 $88,271 $2,593,176 $2,440,256 $11,885 $58,797 $2,510,938 
Segment Information
Six Months Ended June 30, 2026Six Months Ended June 30, 2025
(Dollars in thousands)BankWealthMortgageTotalBankWealthMortgageTotal
Interest income$80,548 $— $944 $81,492 $79,558 $— $821 $80,379 
Interest expense34,878 (118)739 35,499 38,828 (73)689 39,444 
Net interest income45,670 118 205 45,993 40,730 73 132 40,935 
Provision for credit losses10,461 — — 10,461 9,015 — — 9,015 
Net interest income after provision35,209 118 205 35,532 31,715 73 132 31,920 
Non-interest Income:
Mortgage banking income68 — 10,555 10,623 50 — 9,105 9,155 
Wealth management income— 3,435 — 3,435 — 3,027 — 3,027 
SBA loan income765 — — 765 2,736 — — 2,736 
(Loss) gain on sale of MSRs— — (159)(159)32 — 383 415 
Net change in fair values57 — (379)(322)62 — 618 680 
Net loss on hedging activity— 68 69 — — 37 37 
Other2,351 — 158 2,509 2,062 — 500 2,562 
Non-interest income3,242 3,435 10,243 16,920 4,942 3,027 10,643 18,612 
Non-interest expense:
Salaries and employee benefits15,236 1,460 8,883 25,579 15,393 1,213 7,958 24,564 
Occupancy and equipment1,804 43 508 2,355 1,521 10 844 2,375 
Professional fees1,804 103 231 2,138 1,696 62 169 1,927 
Data processing and software
3,118 97 776 3,991 2,357 86 742 3,185 
Advertising and promotion1,485 270 254 2,009 1,645 192 219 2,056 
Pennsylvania bank shares tax497 — 504 529 — 538 
Other5,069 189 551 5,809 4,668 197 591 5,455 
Non-interest expense29,013 2,169 11,203 42,385 27,809 1,768 10,523 40,100 
Income before income taxes$9,438 $1,384 $(755)$10,067 $8,848 $1,332 $252 $10,432 
Total Assets$2,490,043 $14,862 $88,271 $2,593,176 $2,440,256 $11,885 $58,797 $2,510,938