Loans And Leases (Tables)

6 Months Ended

Jun. 30, 2026

Loans And Leases [Abstract]

Recorded Investment In Loans By Portfolio Segment

The following table presents the recorded investment in loans and leases by portfolio segment. The recorded investment in loans and leases includes the principal balance outstanding adjusted for purchase premiums and discounts, and deferred loan fees and costs.


	June 30, 2026					December 31, 2025
	(unaudited)
Commercial (1)	$		379,780			$		369,430
Real estate:
Single-family residential			406,502					427,905
Multi-family residential			181,446					170,972
Commercial			593,396					533,923
Construction			215,050					208,936
Consumer:
Home equity lines of credit			38,303					41,983
Other			3,543					3,383
Subtotal			1,818,020					1,756,532
Less: ACL – Loans			(19,436	)				(17,678	)
Loans and leases, net	$		1,798,584			$		1,738,854

(1)

Includes $981 and $2,710 of commercial leases at June 30, 2026 and December 31, 2025, respectively.

Activity In ALLL By Portfolio Segment

The following tables present the activity in the ACL - Loans by portfolio segment for the three and six months ended June 30, 2026 and 2025 (unaudited).


		Three Months Ended June 30, 2026 (unaudited)
					Real Estate													Consumer
		Commercial			Single- family			Multi- family			Commercial			Construction			Home equity lines of credit			Other			Total

Allowance for credit losses
Balances, April 1, 2026		$	6,136		$	2,442		$	1,544		$	5,128		$	2,682		$	378		$	331		$	18,641
Provision (reversal) for credit losses			68			88			601			157			(197)			3			(31)			689
Recoveries on loans			99			6			—			—			—			1			—			106
Loans charged off			—			—			—			—			—			—			—			—
Balances, June 30, 2026		$	6,303		$	2,536		$	2,145		$	5,285		$	2,485		$	382		$	300		$	19,436


		Six Months Ended June 30, 2026 (unaudited)
					Real Estate													Consumer
		Commercial			Single- family			Multi- family			Commercial			Construction			Home equity lines of credit			Other			Total
Allowance for credit losses
Balances, January 1, 2026		$	6,001		$	2,528		$	1,494		$	4,938		$	2,031		$	390		$	296		$	17,678
Provision (reversal) for credit losses			229			(8)			651			347			454			(9)			4			1,668
Recoveries on loans			150			16			—			—			—			1			—			167
Loans charged off			(77)			—			—			—			—			—			—			(77)
Balances, June 30, 2026		$	6,303		$	2,536		$	2,145		$	5,285		$	2,485		$	382		$	300		$	19,436


		Three Months Ended June 30, 2025 (unaudited)
					Real Estate													Consumer
		Commercial			Single-family			Multi-family			Commercial			Construction			Home equity lines of credit			Other			Total

Allowance for credit losses
Balances, April 1, 2025		$	7,830		$	2,493		$	1,211		$	3,874		$	1,752		$	391		$	252		$	17,803
Provision (reversal) for credit losses			1,357			(143)			(150)			(6)			244			(7)			75			1,370
Recoveries on loans			4			10			—			—			—			-			—			14
Loans charged off			(65)			—			—			—			—			—			—			(65)
Balances, June 30, 2025		$	9,126		$	2,360		$	1,061		$	3,868		$	1,996		$	384		$	327		$	19,122


		Six Months Ended June 30, 2025 (unaudited)
					Real Estate													Consumer
		Commercial			Single-family			Multi-family			Commercial			Construction			Home equity lines of credit			Other			Total
Allowance for credit losses
Balances, January 1, 2025		$	7,005		$	2,787		$	1,382		$	3,918		$	1,741		$	371		$	270		$	17,474
Provision (reversal) for credit losses			2,188			(419)			(321)			(50)			255			12			57			1,722
Recoveries on loans			65			19			—			—			—			1			—			85
Loans charged off			(132)			(27)			—			—			—			—			—			(159)
Balances, June 30, 2025		$	9,126		$	2,360		$	1,061		$	3,868		$	1,996		$	384		$	327		$	19,122

Schedule Of Collateral-Dependent Loans By Loan Segment

The tables below present the amortized cost basis of collateral dependent loans by loan class and their respective collateral types, which are individually evaluated to determine expected credit losses.


	June 30, 2026 (unaudited)
	Residential Real Estate					Other					Total					Allowance on Collateral Dependent Loans
Commercial	$		—			$		9,146			$		9,146			$		2,163
Real estate:
Single-family residential			75					—					75					—
Commercial:
Owner occupied			—					5,162					5,162					413
Total	$		75			$		14,308			$		14,383			$		2,576


	December 31, 2025
	Residential Real Estate					Other					Total					Allowance on Collateral Dependent Loans
Commercial	$		—			$		3,128			$		3,128			$		1,415
Real estate:
Single-family residential			79					—					79					—
Commercial:
Owner occupied			—					5,204					5,204					380
Total	$		79			$		8,332			$		8,411			$		1,795

Recorded Investment In Nonaccrual and Nonperforming Loans By Class Of Loans

The following table presents the recorded investment in nonaccrual loans by class of loans at June 30, 2026 (unaudited):


	Nonaccrual Loans					Nonaccrual Loans with no Allowance for Credit Losses
Commercial	$		12,869			$		-
Real estate:
Single-family residential			2,318					2,318
Commercial:
Owner occupied			5,162					4,469
Consumer:
Home equity lines of credit			93					93
Other			393					393
Total nonaccrual loans	$		20,835			$		7,273

The following table presents the recorded investment in nonaccrual loans by class of loans at December 31, 2025.


	Non-Accrual Loans					Non-Accrual Loans with no Allowance for Credit Losses
Commercial	$		8,181			$		1,074
Real estate:
Single-family residential			1,847					1,847
Commercial:
Owner occupied			5,204					4,510
Consumer:
Home equity lines of credit			97					97
Total nonaccrual loans	$		15,329			$		7,528

Aging Of Recorded Investment In Past Due Loans By Class Of Loans

The following table presents the aging of the recorded investment in past due loans and leases by class of loans as of June 30, 2026 (unaudited):


	30 - 59 Days Past Due					60 - 89 Days Past Due					90 Days or more Past Due					Total Past Due					Loans Not Past Due					Nonaccrual Loans Not 90 days or more Past Due
Commercial	$		2,699			$		—			$		9,146			$		11,845			$		367,935			$		3,723
Real estate:
Single-family residential			—					455					2,318					2,773					403,729					—
Multi-family residential			—					—					—					—					181,446					—
Commercial:
Non-owner occupied			—					—					—					—					332,629					—
Owner occupied			—					—					5,162					5,162					218,374					—
Land			—					—					—					—					37,231					—
Construction			—					—					—					—					215,050					—
Consumer:
Home equity lines of credit			193					—					—					193					38,110					93
Other			—					—					393					393					3,150					—
Total	$		2,892			$		455			$		17,019			$		20,366			$		1,797,654			$		3,816

The following table presents the aging of the recorded investment in past due loans and leases by class of loans as of December 31, 2025:


	30 - 59 Days Past Due					60 - 89 Days Past Due					90 Days or more Past Due					Total Past Due					Loans Not Past Due					Nonaccrual Loans Not 90 days or more Past Due
Commercial	$		320			$		452			$		3,511			$		4,283			$		365,147			$		4,670
Real estate:
Single-family residential			892					719					1,847					3,458					424,447					—
Multi-family residential			—					—					—					—					170,972					—
Commercial:
Non-owner occupied			—					—					—					—					288,891					—
Owner occupied			—					—					5,204					5,204					199,212					—
Land			—					—					—					—					40,616					—
Construction			—					—					—					—					208,936					—
Consumer:
Home equity lines of credit			—					—					—					—					41,983					97
Other			—					—					—					—					3,383					—
Total	$		1,212			$		1,171			$		10,562			$		12,945			$		1,743,587			$		4,767

Recorded Investment In Loans By Risk Category And Class Of Loans

The following table summarizes the risk grading of the Company’s loan portfolio by loan class and by year of origination for the years indicated as of June 30, 2026. Consumer and Single-family residential loans are not risk graded. For purposes of this disclosure, those loans are classified in the following manner: loans that are 89 days or less past due and accruing are “performing” loans and loans greater than 89 days past due or in nonaccrual are “nonperforming” loans.


	Term Loans (amortized cost basis by origination year)
(unaudited)	2026			2025			2024			2023			2022			Prior			Revolving loans amortized cost basis			Revolving loans converted to term			Total
Commercial
Pass	$	22,099		$	48,407		$	26,719		$	18,997		$	34,488		$	69,138		$	122,840		$	2,062		$	344,750
Special Mention		—			—			—			—			23			2,696			21,163			—			23,882
Substandard		—			—			1,328			136			5,069			4,230			—			—			10,763
Doubtful		—			—			—			—			385			—			—			—			385
Total Commercial		22,099			48,407			28,047			19,133			39,965			76,064			144,003			2,062			379,780
Gross charge-offs during the six months ended June 30, 2026		—			—			—			—			—			77			—			—			77
Real estate loans:
Single-family residential
Payment performance
Performing		2,472			17,203			21,743			23,360			94,429			244,977			—			—			404,184
Nonperforming		—			—			156			193			716			1,253			—			—			2,318
Total Single-family residential loans		2,472			17,203			21,899			23,553			95,145			246,230			—			—			406,502
Multi-family residential
Pass		36,335			16,037			27,121			20,049			18,056			47,070			—			—			164,668
Special Mention		—			—			—			—			—			16,778			—			—			16,778
Total Multi-family residential loans		36,335			16,037			27,121			20,049			18,056			63,848			—			—			181,446
Commercial:
Non-owner occupied
Pass		60,901			80,356			15,215			41,061			41,887			88,294			—			—			327,714
Special Mention		—			—			—			—			—			4,915			—			—			4,915
Total Non-owner occupied loans		60,901			80,356			15,215			41,061			41,887			93,209			—			—			332,629
Owner occupied
Pass		24,610			33,050			14,002			38,667			41,448			69,110			—			—			220,887
Special Mention		—			—			820			—			—			—			—			—			820
Substandard		—			—			—			—			1,829			—			—			—			1,829
Total Owner occupied loans		24,610			33,050			14,822			38,667			43,277			69,110			—			—			223,536
Land
Pass		9,746			11,933			10,549			616			—			4,387			—			—			37,231
Total Land loans		9,746			11,933			10,549			616			—			4,387			—			—			37,231
Construction
Performing		—			1,417			—			—			—			—			—			—			1,417
Pass		13,566			61,962			106,499			22,588			6,047			964			—			—			211,626
Special Mention		—			—			343			1,664			—			—			—			—			2,007
Total Construction loans		13,566			63,379			106,842			24,252			6,047			964			—			—			215,050
Total Real Estate loans		147,630			221,958			196,448			148,198			204,412			477,748			—			—			1,396,394
Consumer:
Home equity lines of credit:
Payment performance
Performing		—			—			—			—			—			—			37,722			488			38,210
Nonperforming		—			—			—			—			—			9			84			—			93
Total Home equity lines of credit		—			—			—			—			—			9			37,806			488			38,303
Other
Performing		—			—			455			—			—			136			2,559			—			3,150
Nonperforming		—			—			—			—			—			—			393			—			393
Total Other consumer loans		—			—			455			—			—			136			2,952			—			3,543
Total loans	$	169,729		$	270,365		$	224,950		$	167,331		$	244,377		$	553,957		$	184,761		$	2,550		$	1,818,020
Total gross charge-offs during the six months ended June 30, 2026	$	—		$	—		$	—		$	—		$	—		$	77		$	—		$	—		$	77

The following table summarizes the risk grading of the Company’s loan portfolio by loan class and by year of origination for the years indicated as of December 31, 2025. Consumer and Single-family residential loans are not risk graded. For purposes of this disclosure, those loans are classified in the following manner: loans that are 89 days or less past due and accruing are “performing” loans.


	Term Loans (amortized cost basis by origination year)
	2025			2024			2023			2022			2021			Prior			Revolving loans amortized cost basis			Revolving loans converted to term			Total
Commercial
Pass	$	59,943		$	25,874		$	20,473		$	41,457		$	62,332		$	29,045		$	112,874		$	3,122		$	355,120
Special Mention		—			—			—			5,000			—			2,850			—			—			7,850
Substandard		—			1,328			139			69			4,129			360			50			—			6,075
Doubtful		—			—			—			385			—			—			—			—			385
Total Commercial		59,943			27,202			20,612			46,911			66,461			32,255			112,924			3,122			369,430
Gross charge-offs for the year ended December 31, 2025		—			—			-			7,165			284			—			—			—			7,449
Real estate loans:
Single-family residential
Payment performance
Performing		17,419			26,174			25,165			103,688			200,985			52,627			—			—			426,058
Nonperforming		—			—			193			401			690			563			—			—			1,847
Total Single-family residential loans		17,419			26,174			25,358			104,089			201,675			53,190			—			—			427,905
Gross charge-offs for the year ended December 31, 2025		—			—			27			—			—			—			—			—			27
Multi-family residential
Pass		19,972			27,195			30,168			18,151			46,905			19,915			—			—			162,306
Special Mention		—			—			—			—			—			8,666			—			—			8,666
Total Multi-family residential loans		19,972			27,195			30,168			18,151			46,905			28,581			—			—			170,972
Commercial:
Non-owner occupied
Pass		81,898			9,473			41,336			52,740			46,575			56,869			—			—			288,891
Total Non-owner occupied loans		81,898			9,473			41,336			52,740			46,575			56,869			—			—			288,891
Owner occupied
Pass		28,005			15,062			40,533			43,567			38,965			36,444			—			—			202,576
Substandard		—			—			—			1,840			—			—			—			—			1,840
Total Owner occupied loans		28,005			15,062			40,533			45,407			38,965			36,444			—			—			204,416
Land
Pass		18,042			17,507			617			—			4,450			—			—			—			40,616
Total Land loans		18,042			17,507			617			—			4,450			—			—			—			40,616
Construction
Performing		632			—			—			—			—			—			—			—			632
Pass		34,143			95,801			50,775			22,400			3,178			—			—			—			206,297
Special Mention		—			343			1,664			—			—			—			—			—			2,007
Total Construction loans		34,775			96,144			52,439			22,400			3,178			—			—			—			208,936
Total Real Estate loans		200,111			191,555			190,451			242,787			341,748			175,084			—			—			1,341,736
Consumer:
Home equity lines of credit:
Payment performance
Performing		—			—			—			—			—			—			41,279			607			41,886
Nonperforming		—			—			—			—			—			—			87			10			97
Total Home equity lines of credit		—			—			—			—			—			—			41,366			617			41,983
Other
Payment performance
Performing		—			468			—			—			—			136			2,278			501			3,383
Nonperforming		—			—			—			—			—			—			—			-			-
Total Other consumer loans		—			468			—			-			—			136			2,278			501			3,383
Gross charge-offs for the year ended December 31, 2025		—			—			—			—			—			—			—			—			-
Total loans	$	260,054		$	219,225		$	211,063		$	289,698		$	408,209		$	207,475		$	156,568		$	4,240		$	1,756,532
Total gross charge-offs during the year ended December 31, 2025	$	—		$	—		$	27		$	7,165		$	284		$	—		$	—		$	—		$	7,476

Components Of Net Investment In Direct Financing Leases

The following lists the components of the net investment in direct financing leases:


	June 30, 2026					December 31, 2025
	(unaudited)
Total minimum lease payments to be received	$		1,007			$		2,780
Less: Unearned income			(26	)				(71	)
Plus: Indirect initial costs			—					1
Net investment in direct financing leases	$		981			$		2,710

Summary Of Future Minimum Lease Payments Receivable

The following summarizes the future minimum lease payments receivable as of June 30, 2026:


2026, excluding the six months ended June 30, 2026		$		580
2027				391
2028				36
Total future minimum payments		$		1,007