| Financing Receivables [Text Block] |
Note 2: Loans and Allowance for Credit Losses Loans Loans include acquired loans and originated loans. Acquired loans are presented at their outstanding principal balance, net of the remaining purchase discount of $4,957 as of June 30, 2026 and $5,551 as of December 31, 2025. Originated loans as of June 30, 2026 and December 31, 2025 are presented at amortized cost. Accrued interest receivable of $3,780 at June 30, 2026 and $3,361 at December 31, 2025 is not included in total loans above and is excluded from the Company's estimate of credit losses on loans. Past Due and Nonaccrual Loans The following tables present the aging of past due loans, by loan pool, as of the dates indicated.
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Accruing
Loans
30 – 89
Days
Past Due |
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|
Accruing
Loans
90 or
More
Days Past
Due |
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|
Accruing
and
Nonaccrual
90 or
More
Days Past
Due |
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|
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|
Construction, 1-4 family residential |
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|
Residential closed-end first liens |
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|
Residential closed-end junior liens |
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|
Investor-owned residential real estate |
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|
Multifamily residential real estate |
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|
Commercial real estate owner-occupied |
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Commercial real estate, other |
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|
Commercial Non Real Estate |
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Commercial and industrial |
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States and political subdivisions |
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December 31, 2025 |
|
Accruing
Current
Loans |
|
|
Accruing
Loans
30 – 89
Days
Past Due |
|
|
Accruing
Loans
90 or
More
Days Past
Due |
|
|
Nonaccrual
Loans |
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|
Total
Loans |
|
|
Accruing
and
Nonaccrual
90 or More
Days Past
Due |
|
Real Estate Construction |
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|
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|
Construction, 1-4 family residential |
|
$ |
11,282 |
|
|
$ |
- |
|
|
$ |
- |
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$ |
- |
|
|
$ |
11,282 |
|
|
$ |
- |
|
Construction, other |
|
|
29,101 |
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|
|
311 |
|
|
|
- |
|
|
|
- |
|
|
|
29,412 |
|
|
|
- |
|
Consumer Real Estate |
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|
|
|
|
|
|
|
|
|
|
|
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|
Equity line |
|
|
27,494 |
|
|
|
- |
|
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|
50 |
|
|
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- |
|
|
|
27,544 |
|
|
|
50 |
|
Residential closed-end first liens |
|
|
196,857 |
|
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|
1,447 |
|
|
|
- |
|
|
|
- |
|
|
|
198,304 |
|
|
|
- |
|
Residential closed-end junior liens |
|
|
11,154 |
|
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|
6 |
|
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- |
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- |
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|
11,160 |
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|
|
- |
|
Investor-owned residential real estate |
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|
91,471 |
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|
174 |
|
|
|
- |
|
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|
- |
|
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|
91,645 |
|
|
|
- |
|
Commercial Real Estate |
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|
Multifamily residential real estate |
|
|
148,644 |
|
|
|
189 |
|
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- |
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- |
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|
148,833 |
|
|
|
- |
|
Commercial real estate owner-occupied |
|
|
130,856 |
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|
|
- |
|
|
|
429 |
|
|
|
188 |
|
|
|
131,473 |
|
|
|
617 |
|
Commercial real estate, other |
|
|
186,939 |
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|
|
538 |
|
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|
- |
|
|
|
- |
|
|
|
187,477 |
|
|
|
- |
|
Commercial Non Real Estate |
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|
Commercial and industrial |
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|
51,435 |
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|
248 |
|
|
|
335 |
|
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|
- |
|
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|
52,018 |
|
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|
335 |
|
Public Sector and IDA |
|
|
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|
|
|
|
|
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|
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|
|
|
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|
States and political subdivisions |
|
|
63,677 |
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|
|
- |
|
|
|
- |
|
|
|
- |
|
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|
63,677 |
|
|
|
- |
|
Consumer Non Real Estate |
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|
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|
|
|
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|
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|
|
|
|
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|
|
Credit cards |
|
|
4,727 |
|
|
|
7 |
|
|
|
2 |
|
|
|
- |
|
|
|
4,736 |
|
|
|
2 |
|
Automobile |
|
|
12,707 |
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|
|
245 |
|
|
|
14 |
|
|
|
- |
|
|
|
12,966 |
|
|
|
14 |
|
Other consumer loans |
|
|
28,991 |
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|
|
357 |
|
|
|
51 |
|
|
|
- |
|
|
|
29,399 |
|
|
|
51 |
|
Total |
|
$ |
995,335 |
|
|
$ |
3,522 |
|
|
$ |
881 |
|
|
$ |
188 |
|
|
$ |
999,926 |
|
|
$ |
1,069 |
|
The following table presents nonaccrual loans, by loan class, as of the dates indicated:
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|
|
Commercial real estate owner-occupied |
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|
Commercial real estate, other |
|
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|
No accrued interest receivable was reversed against interest income during the three and six months ended June 30, 2026 or June 30, 2025. Allowance for Credit Losses on Loans (“ACLL”) The following tables present the activity in the ACLL by portfolio segment for the periods indicated:
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|
Activity in the ACLL for the Six Months Ended June 30, 2026 |
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|
Balance, December 31, 2025 |
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|
Provision for (recovery of) credit losses |
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|
Activity in the ACLL for the Six Months Ended June 30, 2025 |
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|
|
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|
Balance, December 31, 2024 |
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|
Provision for (recovery of) credit losses |
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|
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|
Activity in the ACLL for the Year Ended December 31, 2025 |
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|
|
Real Estate
Construction |
|
|
Consumer
Real Estate |
|
|
Commercial
Real Estate |
|
|
Commercial
Non Real
Estate |
|
|
Public
Sector and
IDA |
|
|
Consumer
Non Real
Estate |
|
|
Total |
|
Balance, December 31, 2024 |
|
$ |
350 |
|
|
$ |
3,945 |
|
|
$ |
4,320 |
|
|
$ |
658 |
|
|
$ |
338 |
|
|
$ |
651 |
|
|
$ |
10,262 |
|
Charge-offs |
|
|
- |
|
|
|
(3 |
) |
|
|
- |
|
|
|
(50 |
) |
|
|
- |
|
|
|
(529 |
) |
|
|
(582 |
) |
Recoveries |
|
|
- |
|
|
|
- |
|
|
|
133 |
|
|
|
33 |
|
|
|
- |
|
|
|
109 |
|
|
|
275 |
|
Provision for (recovery of) credit losses |
|
|
(13 |
) |
|
|
(119 |
) |
|
|
(648 |
) |
|
|
208 |
|
|
|
(30 |
) |
|
|
539 |
|
|
|
(63 |
) |
Balance, December 31, 2025 |
|
$ |
337 |
|
|
$ |
3,823 |
|
|
$ |
3,805 |
|
|
$ |
849 |
|
|
$ |
308 |
|
|
$ |
770 |
|
|
$ |
9,892 |
|
The following tables present information about the ACLL for individually evaluated loans and collectively evaluated loans by portfolio segment as of the dates indicated.
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|
|
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|
|
|
|
|
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|
ACLL by Segment and Evaluation Method |
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|
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|
Commercial Non-Real Estate |
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|
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|
|
|
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|
|
|
|
|
|
|
ACLL by Segment and Evaluation Method |
|
|
|
|
|
|
|
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|
|
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|
|
|
The following tables present information about individually evaluated loans and collectively evaluated loans by portfolio segment as of the dates indicated.
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|
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|
|
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|
|
Loans by Segment and Evaluation Method |
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|
|
|
|
|
|
Commercial Non-Real Estate |
|
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|
Loans by Segment and Evaluation Method |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Collateral Dependent Loans Loans are collateral dependent when repayment is expected substantially through the operation or sale of the collateral and the borrower is experiencing financial difficulty. Collateral dependent loans are individually evaluated. The Company measures the ACLL on collateral dependent loans based upon the fair value of the collateral. Fair value of the collateral is adjusted for liquidation costs/discounts. If the fair value of the collateral falls below the amortized cost of the loan, the shortfall is recognized in the ACLL. If the fair value of the collateral exceeds the amortized cost, no ACLL is required. As of June 30, 2026 and December 31, 2025, two of the Company’s individually evaluated loans were collateral dependent and secured by real estate. The following table provides detail on collateral dependent loans as of the dates indicated:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30, 2026 |
|
|
December 31, 2025 |
|
|
|
Balance |
|
|
Related
Allowance |
|
|
Balance |
|
|
Related
Allowance |
|
Commercial Real Estate |
|
|
|
|
|
|
|
|
|
|
|
|
Commercial real estate, owner occupied |
|
$ |
6,183 |
|
|
$ |
- |
|
|
$ |
6,248 |
|
|
$ |
- |
|
Commercial real estate, other |
|
|
663 |
|
|
|
- |
|
|
|
673 |
|
|
|
- |
|
Total Loans |
|
$ |
6,846 |
|
|
$ |
- |
|
|
$ |
6,921 |
|
|
$ |
- |
|
Credit Quality The Company categorizes loans by risk based on relevant information about the ability of borrowers to service their debt, including: collateral and financial information, payment history, credit documentation and current economic trends, among other factors. At origination, each loan is assigned a risk rating. Ongoing analysis of the loan portfolio adjusts risk ratings on an individual loan basis to reflect updated information. General descriptions of risk ratings are as follows: •Pass: loans with acceptable credit quality are rated pass. •Special mention: loans with potential weakness due to challenging economic or financial conditions are rated special mention. •Classified: loans with well-defined weaknesses that heighten the risk of default are rated classified. The following tables present the amortized cost basis of the loan portfolio by year of origination, loan class and credit quality as of the dates indicated.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Term Loans Amortized Cost Basis by Origination Year |
|
|
|
Revolving
Loans
Converted |
|
|
|
June 30, 2026 |
|
Prior |
|
2022 |
|
2023 |
|
2024 |
|
2025 |
|
2026 |
|
Revolving |
|
to Term |
|
Total |
|
Construction, residential |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
- |
|
$ |
- |
|
$ |
688 |
|
$ |
415 |
|
$ |
5,162 |
|
$ |
1,023 |
|
$ |
10,166 |
|
$ |
20 |
|
$ |
17,474 |
|
Construction, other |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
3,592 |
|
$ |
1,056 |
|
$ |
23,849 |
|
$ |
569 |
|
$ |
6,129 |
|
$ |
15,023 |
|
$ |
4,528 |
|
$ |
- |
|
$ |
54,746 |
|
Equity lines |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
28,232 |
|
$ |
- |
|
$ |
28,232 |
|
Classified |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
109 |
|
|
- |
|
|
109 |
|
Total |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
28,341 |
|
$ |
- |
|
$ |
28,341 |
|
Residential closed-end first liens |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
81,024 |
|
$ |
32,375 |
|
$ |
28,451 |
|
$ |
18,070 |
|
$ |
23,532 |
|
$ |
11,906 |
|
$ |
95 |
|
$ |
- |
|
$ |
195,453 |
|
Special Mention |
|
|
- |
|
|
126 |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
126 |
|
Classified |
|
|
383 |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
383 |
|
Total |
|
$ |
81,407 |
|
$ |
32,501 |
|
$ |
28,451 |
|
$ |
18,070 |
|
$ |
23,532 |
|
$ |
11,906 |
|
$ |
95 |
|
$ |
- |
|
$ |
195,962 |
|
Residential closed-end junior liens |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
1,056 |
|
$ |
1,686 |
|
$ |
1,097 |
|
$ |
2,590 |
|
$ |
3,311 |
|
$ |
802 |
|
$ |
33 |
|
$ |
- |
|
$ |
10,575 |
|
Investor-owned residential real estate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
57,231 |
|
$ |
10,695 |
|
$ |
2,760 |
|
$ |
3,650 |
|
$ |
11,291 |
|
$ |
5,579 |
|
$ |
3,480 |
|
$ |
- |
|
$ |
94,686 |
|
Classified |
|
|
640 |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
640 |
|
Total |
|
$ |
57,871 |
|
$ |
10,695 |
|
$ |
2,760 |
|
$ |
3,650 |
|
$ |
11,291 |
|
$ |
5,579 |
|
$ |
3,480 |
|
$ |
- |
|
$ |
95,326 |
|
Multifamily residential real estate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
68,395 |
|
$ |
22,732 |
|
$ |
3,602 |
|
$ |
12,957 |
|
$ |
31,119 |
|
$ |
3,120 |
|
$ |
104 |
|
$ |
- |
|
$ |
142,029 |
|
Classified |
|
|
184 |
|
|
945 |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
1,129 |
|
Total |
|
$ |
68,579 |
|
$ |
23,677 |
|
$ |
3,602 |
|
$ |
12,957 |
|
$ |
31,119 |
|
$ |
3,120 |
|
$ |
104 |
|
$ |
- |
|
$ |
143,158 |
|
Commercial real estate, owner-occupied |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
71,374 |
|
$ |
21,461 |
|
$ |
8,937 |
|
$ |
6,276 |
|
$ |
4,526 |
|
$ |
4,729 |
|
$ |
2,767 |
|
$ |
400 |
|
$ |
120,470 |
|
Special mention |
|
|
6,183 |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
6,183 |
|
Classified |
|
|
914 |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
143 |
|
|
- |
|
|
1,057 |
|
Total |
|
$ |
78,471 |
|
$ |
21,461 |
|
$ |
8,937 |
|
$ |
6,276 |
|
$ |
4,526 |
|
$ |
4,729 |
|
$ |
2,910 |
|
$ |
400 |
|
$ |
127,710 |
|
Commercial real estate, other |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
126,538 |
|
$ |
30,048 |
|
$ |
14,007 |
|
$ |
5,417 |
|
$ |
2,760 |
|
$ |
3,173 |
|
$ |
1,952 |
|
$ |
- |
|
$ |
183,895 |
|
Special Mention |
|
|
663 |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
663 |
|
Classified |
|
|
171 |
|
|
427 |
|
|
157 |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
755 |
|
Total |
|
$ |
127,372 |
|
$ |
30,475 |
|
$ |
14,164 |
|
$ |
5,417 |
|
$ |
2,760 |
|
$ |
3,173 |
|
$ |
1,952 |
|
$ |
- |
|
$ |
185,313 |
|
Commercial and industrial |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
16,146 |
|
$ |
1,988 |
|
$ |
2,335 |
|
$ |
7,618 |
|
$ |
6,381 |
|
$ |
6,047 |
|
$ |
9,050 |
|
$ |
- |
|
$ |
49,565 |
|
Special Mention |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
37 |
|
|
- |
|
|
37 |
|
Classified |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
14 |
|
|
- |
|
|
14 |
|
Total |
|
$ |
16,146 |
|
$ |
1,988 |
|
$ |
2,335 |
|
$ |
7,618 |
|
$ |
6,381 |
|
$ |
6,047 |
|
$ |
9,101 |
|
$ |
- |
|
$ |
49,616 |
|
Public sector and IDA |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
40,424 |
|
$ |
5,277 |
|
$ |
6,386 |
|
$ |
37 |
|
$ |
- |
|
$ |
- |
|
$ |
10,000 |
|
$ |
- |
|
$ |
62,124 |
|
Credit cards |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
4,720 |
|
$ |
- |
|
$ |
4,720 |
|
Automobile |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
106 |
|
$ |
429 |
|
$ |
1,422 |
|
$ |
2,313 |
|
$ |
4,865 |
|
$ |
4,191 |
|
$ |
- |
|
$ |
- |
|
$ |
13,326 |
|
Classified |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
17 |
|
|
- |
|
|
- |
|
|
- |
|
|
17 |
|
Total |
|
$ |
106 |
|
$ |
429 |
|
$ |
1,422 |
|
$ |
2,313 |
|
$ |
4,882 |
|
$ |
4,191 |
|
$ |
- |
|
$ |
- |
|
$ |
13,343 |
|
Other consumer |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
618 |
|
$ |
512 |
|
$ |
1,406 |
|
$ |
4,479 |
|
$ |
11,518 |
|
$ |
6,768 |
|
$ |
1,421 |
|
$ |
225 |
|
$ |
26,947 |
|
Special Mention |
|
|
- |
|
|
- |
|
|
- |
|
|
4 |
|
|
- |
|
|
29 |
|
|
- |
|
|
- |
|
|
33 |
|
Classified |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
24 |
|
|
- |
|
|
- |
|
|
- |
|
|
24 |
|
Total |
|
$ |
618 |
|
$ |
512 |
|
$ |
1,406 |
|
$ |
4,483 |
|
$ |
11,542 |
|
$ |
6,797 |
|
$ |
1,421 |
|
$ |
225 |
|
$ |
27,004 |
|
Total Loans |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
466,504 |
|
$ |
128,259 |
|
$ |
94,940 |
|
$ |
64,391 |
|
$ |
110,594 |
|
$ |
62,361 |
|
$ |
76,548 |
|
$ |
645 |
|
$ |
1,004,242 |
|
Special Mention |
|
|
6,846 |
|
|
126 |
|
|
- |
|
|
4 |
|
|
- |
|
|
29 |
|
|
37 |
|
|
- |
|
|
7,042 |
|
Classified |
|
|
2,292 |
|
|
1,372 |
|
|
157 |
|
|
- |
|
|
41 |
|
|
- |
|
|
266 |
|
|
- |
|
|
4,128 |
|
Total |
|
$ |
475,642 |
|
$ |
129,757 |
|
$ |
95,097 |
|
$ |
64,395 |
|
$ |
110,635 |
|
$ |
62,390 |
|
$ |
76,851 |
|
$ |
645 |
|
$ |
1,015,412 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Term Loans Amortized Cost Basis by Origination Year |
|
|
|
Revolving
Loans
Converted |
|
|
|
December 31, 2025 |
|
Prior |
|
2021 |
|
2022 |
|
2023 |
|
2024 |
|
2025 |
|
Revolving |
|
to Term |
|
Total |
|
Construction, residential |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
265 |
|
$ |
1,135 |
|
$ |
5,780 |
|
$ |
3,565 |
|
$ |
537 |
|
$ |
11,282 |
|
Construction, other |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
3,702 |
|
$ |
752 |
|
$ |
1,107 |
|
$ |
16,721 |
|
$ |
1,045 |
|
$ |
2,293 |
|
$ |
3,742 |
|
$ |
50 |
|
$ |
29,412 |
|
Equity lines |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
27,494 |
|
$ |
- |
|
$ |
27,494 |
|
Classified |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
50 |
|
|
- |
|
|
50 |
|
Total |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
27,544 |
|
$ |
- |
|
$ |
27,544 |
|
Residential closed-end first
liens |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
54,388 |
|
$ |
32,152 |
|
$ |
33,508 |
|
$ |
27,107 |
|
$ |
21,529 |
|
$ |
25,624 |
|
$ |
39 |
|
$ |
3,673 |
|
$ |
198,020 |
|
Special mention |
|
|
47 |
|
|
- |
|
|
130 |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
177 |
|
Classified |
|
|
107 |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
107 |
|
Total |
|
$ |
54,542 |
|
$ |
32,152 |
|
$ |
33,638 |
|
$ |
27,107 |
|
$ |
21,529 |
|
$ |
25,624 |
|
$ |
39 |
|
$ |
3,673 |
|
$ |
198,304 |
|
Residential closed-end junior
liens |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
1,208 |
|
$ |
241 |
|
$ |
1,757 |
|
$ |
1,269 |
|
$ |
3,106 |
|
$ |
3,547 |
|
$ |
32 |
|
$ |
- |
|
$ |
11,160 |
|
Investor-owned residential real
estate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
44,806 |
|
$ |
15,403 |
|
$ |
10,847 |
|
$ |
2,956 |
|
$ |
3,760 |
|
$ |
11,172 |
|
$ |
2,236 |
|
$ |
- |
|
$ |
91,180 |
|
Classified |
|
|
465 |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
465 |
|
Total |
|
$ |
45,271 |
|
$ |
15,403 |
|
$ |
10,847 |
|
$ |
2,956 |
|
$ |
3,760 |
|
$ |
11,172 |
|
$ |
2,236 |
|
$ |
- |
|
$ |
91,645 |
|
Multifamily residential real
estate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
40,234 |
|
$ |
38,409 |
|
$ |
26,165 |
|
$ |
4,126 |
|
$ |
13,043 |
|
$ |
26,180 |
|
$ |
137 |
|
$ |
- |
|
$ |
148,294 |
|
Classified |
|
|
189 |
|
|
- |
|
|
350 |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
539 |
|
Total |
|
$ |
40,423 |
|
$ |
38,409 |
|
$ |
26,515 |
|
$ |
4,126 |
|
$ |
13,043 |
|
$ |
26,180 |
|
$ |
137 |
|
$ |
- |
|
$ |
148,833 |
|
Commercial real estate, owner
occupied |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
69,884 |
|
$ |
6,700 |
|
$ |
24,662 |
|
$ |
9,084 |
|
$ |
5,913 |
|
$ |
4,810 |
|
$ |
2,669 |
|
$ |
- |
|
$ |
123,722 |
|
Special mention |
|
|
6,248 |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
6,248 |
|
Classified |
|
|
1,014 |
|
|
102 |
|
|
- |
|
|
- |
|
|
125 |
|
|
- |
|
|
262 |
|
|
- |
|
|
1,503 |
|
Total |
|
$ |
77,146 |
|
$ |
6,802 |
|
$ |
24,662 |
|
$ |
9,084 |
|
$ |
6,038 |
|
$ |
4,810 |
|
$ |
2,931 |
|
$ |
- |
|
$ |
131,473 |
|
Commercial real estate, other |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
96,143 |
|
$ |
34,432 |
|
$ |
30,660 |
|
$ |
14,173 |
|
$ |
6,047 |
|
$ |
3,039 |
|
$ |
1,613 |
|
$ |
- |
|
$ |
186,107 |
|
Classified |
|
|
673 |
|
|
- |
|
|
538 |
|
|
159 |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
1,370 |
|
Total |
|
$ |
96,816 |
|
$ |
34,432 |
|
$ |
31,198 |
|
$ |
14,332 |
|
$ |
6,047 |
|
$ |
3,039 |
|
$ |
1,613 |
|
$ |
- |
|
$ |
187,477 |
|
Commercial and industrial |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
6,927 |
|
$ |
9,845 |
|
$ |
2,502 |
|
$ |
3,318 |
|
$ |
9,388 |
|
$ |
7,662 |
|
$ |
11,842 |
|
$ |
170 |
|
$ |
51,654 |
|
Special mention |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
20 |
|
|
- |
|
|
20 |
|
Classified |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
313 |
|
|
- |
|
|
31 |
|
|
- |
|
|
344 |
|
Total |
|
$ |
6,927 |
|
$ |
9,845 |
|
$ |
2,502 |
|
$ |
3,318 |
|
$ |
9,701 |
|
$ |
7,662 |
|
$ |
11,893 |
|
$ |
170 |
|
$ |
52,018 |
|
Public sector and IDA |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
18,540 |
|
$ |
23,207 |
|
$ |
5,495 |
|
$ |
6,390 |
|
$ |
45 |
|
$ |
- |
|
$ |
10,000 |
|
$ |
- |
|
$ |
63,677 |
|
Credit cards |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
4,736 |
|
$ |
- |
|
$ |
4,736 |
|
Automobile |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
49 |
|
$ |
212 |
|
$ |
700 |
|
$ |
2,257 |
|
$ |
3,390 |
|
$ |
6,343 |
|
$ |
- |
|
$ |
- |
|
$ |
12,951 |
|
Classified |
|
|
- |
|
|
1 |
|
|
- |
|
|
- |
|
|
- |
|
|
14 |
|
|
- |
|
|
- |
|
|
15 |
|
Total |
|
$ |
49 |
|
$ |
213 |
|
$ |
700 |
|
$ |
2,257 |
|
$ |
3,390 |
|
$ |
6,357 |
|
$ |
- |
|
$ |
- |
|
$ |
12,966 |
|
Other Consumer |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
371 |
|
$ |
413 |
|
$ |
933 |
|
$ |
2,235 |
|
$ |
6,033 |
|
$ |
17,762 |
|
$ |
1,589 |
|
$ |
- |
|
$ |
29,336 |
|
Special mention |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
5 |
|
|
0 |
|
|
- |
|
|
- |
|
|
5 |
|
Classified |
|
|
- |
|
|
- |
|
|
3 |
|
|
47 |
|
|
4 |
|
|
2 |
|
|
2 |
|
|
- |
|
|
58 |
|
Total |
|
$ |
371 |
|
$ |
413 |
|
$ |
936 |
|
$ |
2,282 |
|
$ |
6,042 |
|
$ |
17,764 |
|
$ |
1,591 |
|
$ |
- |
|
$ |
29,399 |
|
Total Loans |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
|
$ |
336,252 |
|
$ |
161,766 |
|
$ |
138,336 |
|
$ |
89,901 |
|
$ |
74,434 |
|
$ |
114,212 |
|
$ |
69,694 |
|
$ |
4,430 |
|
$ |
989,025 |
|
Special mention |
|
|
6,295 |
|
|
- |
|
|
130 |
|
|
- |
|
|
5 |
|
|
- |
|
|
20 |
|
|
- |
|
|
6,450 |
|
Classified |
|
|
2,448 |
|
|
103 |
|
|
891 |
|
|
206 |
|
|
442 |
|
|
16 |
|
|
345 |
|
|
- |
|
|
4,451 |
|
Total |
|
$ |
344,995 |
|
$ |
161,869 |
|
$ |
139,357 |
|
$ |
90,107 |
|
$ |
74,881 |
|
$ |
114,228 |
|
$ |
70,059 |
|
$ |
4,430 |
|
$ |
999,926 |
|
The following tables present gross charge offs during the periods indicated, by loan class and year of origination:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gross Charge Offs by Origination Year for the Six Months Ended June 30, 2026 |
|
Revolving
Loans
Converted |
|
|
|
|
|
Prior |
|
2022 |
|
2023 |
|
2024 |
|
2025 |
|
2026 |
|
Revolving |
|
to Term |
|
Total |
|
Commercial and industrial |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
22 |
|
$ |
- |
|
$ |
22 |
|
Credit cards |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
38 |
|
|
- |
|
|
38 |
|
Automobile |
|
|
1 |
|
|
- |
|
|
- |
|
|
- |
|
|
17 |
|
|
- |
|
|
- |
|
|
- |
|
|
18 |
|
Other consumer |
|
|
- |
|
|
3 |
|
|
18 |
|
|
68 |
|
|
39 |
|
|
68 |
|
|
2 |
|
|
- |
|
|
198 |
|
Total gross charge-offs |
|
$ |
1 |
|
$ |
3 |
|
$ |
18 |
|
$ |
68 |
|
$ |
56 |
|
$ |
68 |
|
$ |
62 |
|
$ |
- |
|
$ |
276 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gross Charge Offs by Origination Year for the Twelve Months Ended December 31, 2025 |
|
Revolving
Loans
Converted |
|
|
|
|
|
Prior |
|
2021 |
|
2022 |
|
2023 |
|
2024 |
|
2025 |
|
Revolving |
|
to Term |
|
Total |
|
Residential closed-end first liens |
|
$ |
3 |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
3 |
|
Commercial and industrial |
|
|
- |
|
|
- |
|
|
- |
|
|
50 |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
50 |
|
Credit cards |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
54 |
|
|
- |
|
|
54 |
|
Automobile |
|
|
- |
|
|
4 |
|
|
22 |
|
|
59 |
|
|
23 |
|
|
- |
|
|
- |
|
|
- |
|
|
108 |
|
Other consumer |
|
|
- |
|
|
1 |
|
|
36 |
|
|
40 |
|
|
78 |
|
|
212 |
|
|
- |
|
|
- |
|
|
367 |
|
Total gross charge-offs |
|
$ |
3 |
|
$ |
5 |
|
$ |
58 |
|
$ |
149 |
|
$ |
101 |
|
$ |
212 |
|
$ |
54 |
|
$ |
- |
|
$ |
582 |
|
Loan Modifications to Borrowers Experiencing Financial Difficulty On the date a loan is modified, the Company assesses whether the borrower is experiencing financial difficulty. If the borrower is experiencing financial difficulty, the loan is risk rated special mention or classified, as appropriate. If the loan exceeds $400, if it is placed in nonaccrual, or if foreclosure is probable, the loan is individually evaluated for the ACLL. No loans were modified for borrowers experiencing financial difficulty during the three and six month periods ended June 30, 2026, or June 30, 2025. Consumer Real Estate Loans In Process of Foreclosure As of June 30, 2026, there were three consumer real estate loans totaling $130 in process of foreclosure. As of December 31, 2025, three consumer real estate loans totaling $126 were in process of foreclosure. ACL for Unfunded Commitments The following tables present the balance and activity in the ACL for unfunded commitments for the six months ended June 30, 2026 and 2025:
|
|
|
|
|
Allowance for Credit Losses on Unfunded Commitments |
|
Balance, December 31, 2025 |
|
|
|
|
Recovery of credit losses |
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance, December 31, 2024 |
|
|
|
|
Recovery of credit losses |
|
|
|
|
|
|
|
|
|
|
|
|
|
|