Document

•Pre-tax Pre-provision Income (“PTPP”), a non-U.S. generally accepted accounting principles (“GAAP”)(1) financial measure – PTPP for the third quarter of 2026 increased $1.5 million to $27.5 million, from $26.1 million in the second quarter of 2026. PTPP increased primarily due to an increase in interest income of $2.6 million and a decrease in noninterest expense of $405 thousand. The increase in net interest income was partially offset by a decrease in noninterest income of $1.2 million and an increase in interest expense of $390 thousand. PTPP for the nine months ended September 30, 2026 was $76.4 million compared to $63.4 million for the nine months ended September 30, 2025.

•Net Interest Margin (“NIM”) – Net interest income for the third quarter of 2026 increased $2.2 million to $55.1 million compared to the second quarter of 2026. NIM increased 8 basis points (“bps”) to 3.78% for the third quarter of 2026 compared to the second quarter of 2026. NIM excluding accretion(1) increased for the comparable periods from 3.45% to 3.50%. Excluding accretion interest, loan yields increased 4 bp and funding costs decreased 2 bps for the comparable periods. Net interest income increased due to elevated accretion income from loan payoffs, partially offset by a slightly higher interest expense driven by municipal deposits.

•Asset Quality – Nonperforming assets were 1.27% of total assets at September 30, 2026, an increase from 1.09% at June 30, 2026 and an increase from 0.45% at September 30, 2025. Classified assets were 1.61% of total assets at September 30, 2026, an increase when compared to 1.41% at June 30, 2026 and 0.83% at September 30, 2025. The allowance for credit losses (“ACL”) was $59.6 million at both September 30, 2026 and September 30, 2025, and $58.7 million at June 30, 2026. The ACL as a percentage of loans increased to 1.21% at September 30, 2026 compared to 1.20% at June 30, 2026 and decreased compared to 1.22% at September 30, 2025.

Net income for the quarter was impacted by a higher provision for credit losses, primarily related to a partial charge-off on a multifamily relationship that we downgraded last year. As we pursued an exit from these credits, updated valuations reflected property-specific issues that reduced collateral values. Our approach is to address potential credit problems as early as possible, and our core performance gives us the flexibility to do so. Capital levels remained strong, book value per share increased and we continued to return capital to shareholders through our quarterly dividend and share repurchases. Going forward, we remain focused on prudent growth, continually managing expenses and creating long-term value for our shareholders.”

Total assets were $6.45 billion at September 30, 2026, an increase of $302.9 million from June 30, 2026. The increase was primarily due to an increase in cash and cash equivalents of $197.4 million, an increase in available for sale securities of $93.5 million and an increase in loans of $24.9 million. Total assets increased $195.5 million, or 3.1%, when compared to $6.26 billion at December 31, 2025. The increase was primarily due to an increase in cash and cash equivalents of $99.5 million and an increase in our investment securities portfolio of $101.7 million. The increases in cash and cash equivalents during the quarter and year were primarily driven by the seasonality of municipal deposits.


	September 30, 2026
	Owner Occupied						Non-Owner Occupied
($ in thousands)	Average LTV(1)		Average Loan Size		Loan Balance(2)		Average LTV(1)		Average Loan Size		Loan Balance(2)
Office, medical	49.69	%	$	628	$	27,643	47.34	%	$	1,458	$	68,535
Office, govt. or govt. contractor	52.28		948		9,477		53.94		3,189		57,402
Office, other	48.94		485		85,395		49.06		1,289		198,524
Office, total	49.23		533		122,515		49.07		1,482		324,461
Retail	51.79		668		72,151		47.57		2,453		458,804
Multifamily (5+ units)	—		—		—		54.32		2,452		274,637
Hotel/motel	—		—		—		44.05		4,134		210,818
Industrial/warehouse	45.16		690		95,282		46.59		1,636		204,460
Commercial-improved	41.78		1,170		221,044		49.15		1,328		168,696
Marine/boat slips	28.26		747		16,430		35.66		1,446		7,232
Restaurant	48.10		992		53,584		48.99		1,004		41,164
Church	31.46		801		51,288		13.03		2,326		2,326
Land/lot loans	11.31		192		192		50.16		465		1,861
Other	38.60		1,337		105,626		32.19		541		148,902
Total CRE loans, gross	43.32		834		$	738,112	44.17		1,607		$	1,843,361

There were 14 office CRE loans with balances greater than $5.0 million, totaling $136.1 million at September 30, 2026 and $166.1 million at December 31, 2025. The decrease in this portfolio segment was the result of normal amortization and payoff of one loan. At September 30, 2026, 80.3% of the office CRE loan balance was secured by properties in rural or suburban areas with limited exposure to metropolitan cities and 97.1% was secured by properties with five stories or less. Office CRE loan balances that were classified as special mention or substandard were $8.2 million at September 30, 2026. There were no charge-offs within the office CRE portfolio during the three and nine months ended September 30, 2026 and 2025. During the third quarter of 2026, the Company foreclosed on an office commercial real estate property located in Virginia with a carrying value of $10.8 million. The property had previously been reported as a nonperforming asset in prior periods and was transferred to other real estate owned (“OREO”) during the quarter.

Nonperforming assets were $81.8 million and $67.2 million, or 1.27% and 1.09% of total assets, as of September 30, 2026 and June 30, 2026, respectively. Nonperforming assets included three large loans with an aggregate loan balance of $48.2 million. These nonaccrual loans primarily consist of multifamily real estate loans with collateral in Virginia and North Carolina. As of September 30, 2026, these loans had been partially charged-off by $3.9 million, reflecting updated, lower appraisals and carried specific reserves of $3.1 million. The decline in appraised values was driven by property-specific factors, including unanticipated capital investment requirements and financial stress among a tenant base disproportionately affected by inflation. Management believes these conditions are unique to the underlying properties and are not indicative of broader portfolio trends. When comparing September 30, 2026 to September 30, 2025, nonperforming assets increased $53.7 million, primarily due to an increase in nonaccrual loans of $43.8 million, and an increase in other real estate and repossessed marine and auto assets of $9.9 million. Substandard loans, which include nonaccrual loans and accruing loans 90 days or more past due, were $90.3 million at September 30, 2026 compared to $84.3 million at June 30, 2026 and $48.5 million at September 30, 2025.

Special mention loans decreased to $54.6 million at September 30, 2026 compared to $73.0 million at June 30, 2026 and compared to $71.0 million at September 30, 2025. As of September 30, 2026, there were three special mention loans with individual balances greater than $5.0 million, totaling $33.3 million. During the third quarter of 2026, the Company transferred a loan to nonperforming assets that was previously considered a special mention loan of $19.2 million. The remaining loans consist primarily of multifamily commercial real estate and other commercial real estate exposures.

The Bank’s loan portfolio remains well positioned to benefit from higher interest rates through ongoing loan repricing. However, while interest rates remain elevated and the potential for additional rate increases persists, such conditions may place pressure on debt service capacity and liquidity for certain borrowers. Management continues to proactively engage with borrowers and, when appropriate may utilize prudent loan modifications to support repayment performance. In addition, the Bank routinely performs portfolio stress testing to evaluate the potential impact of varying interest rate and economic scenarios on borrower performance and overall credit quality. The Bank closely monitors portfolio performance and believes its disciplined underwriting standards, relationship-based lending approach, active credit oversight, and ongoing stress-testing practices provide a strong foundation for managing credit risk throughout changing interest rate environments.

Total deposits increased $296.6 million from June 30, 2026 to $5.70 billion at September 30, 2026 and increased $162.5 million when compared to December 31, 2025. The year-to-date increase in total deposits was primarily due to an increase in interest-bearing checking of $216.9 million and an increase in noninterest-bearing deposits of $29.3 million. These increases were partially offset by a decrease in money market and savings accounts of $56.9 million and a decrease in time deposits of $16.8 million. Core deposits, which exclude municipal and cannabis deposits, increased by $81.9 million, or 1.9%, during the same period.

Uninsured deposits were $1.04 billion, or 18.3% of total deposits, at September 30, 2026. Uninsured deposits, excluding deposits secured with pledged collateral, were $877.1 million, or 15.4% of total deposits, at September 30, 2026. At September 30, 2026, available liquidity was $2.23 billion, including $912.7 million in secured borrowing capacity at the FHLB, $38.0 million in secured borrowing capacity through the FRB Discount Window, $444.7 million in unsecured lines of credit with other correspondent banks, $379.9 million in unpledged securities and $455.1 million in cash and cash equivalents.

Total stockholders’ equity at September 30, 2026 increased $29.4 million, or 5.0%, when compared to December 31, 2025, primarily due to current year earnings, partially offset by cash dividends paid, share repurchase activity and an increase in accumulated other comprehensive losses. As of September 30, 2026 and 2025, the ratio of total equity to total assets was 9.60% and 9.19%, respectively. As of September 30, 2026, the ratio of total tangible equity to total tangible assets(1) was 8.36%, compared to 8.06% and 7.80% as of December 31, 2025 and September 30, 2025, respectively. The Company’s Tier 1 and Total Risk-Based Capital Ratios at September 30, 2026 were 12.06% and 14.53%, respectively.

Net interest income was $55.1 million for the third quarter of 2026, compared to $52.9 million for the second quarter of 2026 and $48.4 million for the third quarter of 2025. The increase in net interest income when compared to the second quarter of 2026 was primarily due to an increase in interest on loans of $2.2 million, an increase in interest on deposits with other banks of $251 thousand, partially offset by an increase in interest expense on deposits of $393 thousand. The increase in net interest income was $6.7 million when compared to the third quarter of 2025, and was primarily due to a decrease in interest expense on deposits of $3.1 million, an increase in interest on loans of $2.0 million and a decrease in interest expense on short-term borrowings of $640 thousand. These favorable changes were partially offset by an increase in interest expense on long-term borrowings of $166 thousand.

The Company’s NIM increased to 3.78% for the third quarter of 2026 from 3.70% for the second quarter of 2026, primarily due to higher interest income on loans and investment securities coupled with higher accelerated accretion related to loan payoffs. NIM excluding accretion increased for the comparable periods from 3.45% to 3.50%. Excluding accretion interest income, loan yields increased 4 bp and funding costs decreased 2 bps for the comparable periods. The Company’s NIM increased to 3.78% for the third quarter of 2026 from 3.41% for the third quarter of 2025. The Company’s average interest-earning asset yield increased to 5.47% for the third quarter of 2026 compared to 5.41% for the third quarter of 2025, while the average cost of funds decreased 29 bps to 1.80% from 2.09% for the same periods.

The provision for credit losses was $5.3 million for the three months ended September 30, 2026. The comparable amounts were $896 thousand for the three months ended June 30, 2026 and $3.0 million for the three months ended September 30, 2025. The increase in the provision for credit losses for the third quarter of 2026 compared to the second quarter of 2026 was due to higher multifamily loan-related charge-offs and specific reserves partially offset by favorable credit outlook. The allowance for credit losses increased to 1.21% of total loans at September 30, 2026 from 1.20% at June 30, 2026, and decreased compared to September 30, 2025. Net charge-offs increased to $4.8 million for the third quarter of 2026 compared to $123 thousand for the second quarter of 2026 and $1.8 million for the third quarter of 2025. The increase was driven by a partial multifamily loan write-off in the third quarter 2026.

Total noninterest expense of $35.3 million for the third quarter of 2026 decreased $405 thousand compared to $35.7 million for the second quarter of 2026, and increased $884 thousand compared to $34.4 million for the third quarter of 2025. The decrease from the second quarter of 2026 was primarily due to a decrease in legal and professional fees of $474 thousand and a decrease in amortization of intangible assets of $234 thousand, partially offset by an increase in software and processing costs of $466 thousand. The increase from the third quarter of 2025 was primarily due to an increase in software and data processing costs of $646 thousand and an increase in other noninterest expense of $500 thousand. These were partially offset by a decrease in amortization of other intangible assets of $298 thousand.

Net interest income for the nine months ended September 30, 2026 was $160.6 million, an increase of $19.1 million, or 13.5%, when compared to the nine months ended September 30, 2025. The increase in net interest income was primarily due to an increase in total interest income of $6.5 million, or 2.8%, which included an increase in interest on loans of $6.1 million, or 2.9%, and an increase in interest income on taxable investments of $668 thousand. These were partially offset by a decrease in interest on deposits with other banks of $303 thousand, or 4.9%. The increase in interest on loans was primarily due to the increase in yields of 9 bps. The decrease in total interest expense was primarily due to a decrease in interest on deposits of $11.4 million and lower interest on short-term borrowings of $1.8 million. These were partially offset by the increase in interest expense on long-term borrowings of $550 thousand. The decrease in short-term borrowings is due to lower FHLB borrowings and subordinated debt-related expenses that were classified as short-term borrowings in 2025.

The Company’s NIM increased from 3.32% for the nine months ended September 30, 2025 to 3.71% for the nine months ended September 30, 2026. Margins were higher due to a $99.1 million increase in interest-earning asset balances and a 6 bp increase in interest-earning asset yields. These positive movements were coupled with a lower cost of interest-bearing deposits. The increase in the average balances of interest-bearing deposits of $31.7 million was offset by a 43 basis point decrease in the associated rates paid, as well as a $50.3 million decrease in the average balance of FHLB advances and a 103 basis point decrease in the associated rates paid. Net accretion income impacted net interest margin by 28 basis points and 22 basis points for the nine months ended September 30, 2026 and 2025, respectively, which resulted in NIM excluding accretion of 3.43% and 3.10% for the same periods.

This news release contains statements relating to future events or our future results that are considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. We also may make forward-looking statements in other documents filed with or furnished to the Securities and Exchange Commission, and our senior management may make forward-looking statements orally to investors, analysts, representatives of the media, and others. Forward-looking statements may be identified by the use of words such as “believe,” “expect,” “anticipate,” “plan,” “estimate,” “intend,” “potential,” “target,” “goal,” or words of similar meaning, or future or conditional verbs such as “could,” “would,” or “may.” Forward-looking statements include statements of our goals, intentions, or expectations; statements regarding our business plans, prospects, growth, or operating strategies; statements regarding the quality of our loan and investment portfolios; and estimates of our risks and future costs and benefits.

Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. We caution that the forward-looking statements are based largely on our expectations and information available at the time the statements are made and are subject to known and unknown risks and uncertainties that are subject to change based on factors, which in many instances are beyond our control. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements. You should bear this in mind when reading this news release and not place undue reliance on these forward-looking statements.

The factors that could cause actual results to differ materially from those expressed in such forward-looking statements include, but are not limited to, the risks identified in our Annual Report on Form 10-K for the year ended December 31, 2025, and in any subsequent filings with the Securities and Exchange Commission and the following: local, regional and global business, economic and political conditions and geopolitical events; changes in laws, rules and regulatory requirements, including capital and liquidity requirements; changes in consumer and business confidence, investor sentiment, and consumer spending and savings behavior; changes in the level of inflation; changes in monetary and fiscal policies; changes in trade policies, including the imposition of tariffs and retaliatory responses; changes in the demand for loans, deposits, and other financial services that we provide; the possibility that future credit losses may be higher than currently expected; changes in FDIC assessments; changes in the interest rate environment; changes in income tax laws and regulations; our ability to manage effectively our capital and liquidity; the ability to realize benefits and cost savings from, and limit any unexpected liabilities associated with, any business combinations; changes in credit ratings assigned to us; competitive pressures among financial services companies; technology changes instituted by us, our counterparties, or competitors; the ability to attract, develop, and retain qualified employees; change in federal government enforcement of federal laws affecting the cannabis industry; our ability to maintain the security of our financial, accounting, technology, data processing and other operational systems and facilities; our ability to effectively defend ourselves against cyber-attacks and other attempts by unauthorized parties to access our information or information of our customers or to disrupt our systems; our ability to withstand disruptions that may be caused by any failure of our operational systems or those of third parties; our ability to control expenses; the impact of changes in accounting policies, including the introduction of new accounting standards; the impact of judicial or regulatory proceedings; and the impact of natural or man-made disasters or calamities, including health emergencies, the spread of infectious diseases, epidemics or pandemics, an outbreak or escalation of hostilities or other geopolitical instabilities, the effects of climate change or extraordinary events beyond our control.


											Q3 2026 vs.		Q3 2026 vs.		Nine Months Ended September 30,
($ in thousands, except per share data)	Q3 2026		Q2 2026		Q1 2026		Q4 2025		Q3 2025		Q2 2026		Q3 2025		2026		2025		2026 vs. 2025
PROFITABILITY FOR THE PERIOD
Taxable-equivalent net interest income	$	55,218	$	53,005	$	52,644	$	50,294	$	48,501	4.2	%	13.8	%	$	160,867	$	141,723	13.5	%
Less: Taxable-equivalent adjustment	91		86		89		92		83		5.8		9.6		266		244		9.0
Net interest income	55,127		52,919		52,555		50,202		48,418		4.2		13.9		160,601		141,479		13.5
Provision for credit losses	5,268		896		85		2,827		2,992		487.9		76.1		6,249		5,548		12.6
Noninterest income	7,675		8,830		7,244		8,906		7,938		(13.1)		(3.3)		23,749		24,478		(3.0)
Noninterest expense	35,263		35,668		37,056		35,499		34,379		(1.1)		2.6		107,987		102,536		5.3
Income before income taxes	22,271		25,185		22,658		20,782		18,985		(11.6)		17.3		70,114		57,873		21.2
Income tax expense	5,500		6,320		5,570		4,895		4,637		(13.0)		18.6		17,390		14,254		22.0
NET INCOME	$	16,771	$	18,865	$	17,088	$	15,887	$	14,348	(11.1)		16.9		$	52,724	$	43,619	20.9

Adjusted net income – non-GAAP(1)	$	18,082	$	20,344	$	18,581	$	17,416	$	15,889	(11.1)	%	13.8	%	$	57,007	$	48,585	17.3	%
Pre-tax pre-provision income – non-GAAP(1)	27,539		26,081		22,743		23,609		21,977		5.6		25.3		76,363		63,421		20.4

Return on average assets – GAAP	1.08%		1.24%		1.12%		1.02%		0.95%		(16)	bp	13	bp	1.15%		0.96%		19	bp
Adjusted return on average assets – non-GAAP	1.16		1.34		1.22		1.11		1.05		(18)		11		1.24		1.07		17
Return on average common equity – GAAP	10.65		12.38		11.55		10.79		9.96		(173)		69		11.52		10.43		109
Return on average tangible common equity – non-GAAP(1)	13.37		15.66		14.83		14.10		13.27		(229)		10		14.60		14.09		51
Net interest spread	2.91		2.85		2.80		2.48		2.45		6		46		2.86		2.37		49
Net interest margin	3.78		3.70		3.64		3.43		3.41		8		37		3.71		3.32		39
Efficiency ratio – GAAP	56.15		57.76		61.97		60.06		61.00		(161)		(485)		58.58		61.78		(320)
Adjusted efficiency ratio – non-GAAP(1)	53.30		54.49		58.57		56.59		57.30		(119)		(400)		55.41		57.73		(232)
Noninterest income to average assets	0.49		0.58		0.48		0.57		0.52		(9)		(3)		0.52		0.54		(2)
Noninterest expense to average assets	2.26		2.35		2.43		2.27		2.27		(9)		(1)		2.35		2.26		9

PER SHARE DATA
Basic net income per common share	$	0.50	$	0.56	$	0.51	$	0.48	$	0.43	(10.7)	%	16.3	%	$	1.58	$	1.31	20.6	%
Diluted net income per common share	0.50		0.56		0.51		0.48		0.43		(10.7)		16.3		1.58		1.31		20.6
Dividends paid per common share	0.14		0.14		0.12		0.12		0.12		—		16.7		0.40		0.36		11.1
Book value per common share at period end	18.59		18.44		18.02		17.65		17.27		0.8		7.6		18.59		17.27		7.6
Tangible book value per common share at period end – non-GAAP(1)	15.97		15.77		15.30		14.87		14.43		1.3		10.7		15.97		14.43		10.7
Common share market value at period end	22.39		22.95		18.68		17.68		16.41		(2.4)		36.4		22.39		16.41		36.4
Common share intraday price:
High	$	24.89	$	23.45	$	20.68	$	19.22	$	17.67	6.1	%	40.9	%	$	24.89	$	17.67	40.9	%
Low	21.91		17.91		17.25		14.93		14.96		22.3		46.5		17.25		11.47		50.4

____________________________________


											Q3 2026 vs.		Q3 2026 vs.		Nine Months Ended September 30,
($ in thousands, except per share data)	Q3 2026		Q2 2026		Q1 2026		Q4 2025		Q3 2025		Q2 2026		Q3 2025		2026		2025		2026 vs. 2025
AVERAGE BALANCE SHEET DATA
Loans	$	4,941,924	$	4,872,566	$	4,887,488	$	4,909,619	$	4,884,003	1.4	%	1.2	%	$	4,900,859	$	4,834,547	1.4	%
Investment securities	687,857		684,762		666,376		653,639		664,535		0.5		3.5		679,744		670,956		1.3
Earning assets	5,825,678		5,731,054		5,823,244		5,843,816		5,658,981		1.7		2.9		5,793,334		5,694,210		1.7
Assets	6,177,210		6,080,508		6,174,655		6,206,753		6,020,574		1.6		2.6		6,144,134		6,056,883		1.4
Deposits	5,416,072		5,332,544		5,438,914		5,452,082		5,280,252		1.6		2.6		5,395,759		5,331,498		1.2
FHLB advances	—		1,648		—		20,108		52,391		(100.0)		(100.0)		550		50,806		(98.9)
Subordinated debt & TRUPS	89,219		89,082		89,024		104,752		74,363		0.2		20.0		89,109		74,103		20.3
Stockholders’ equity	624,644		611,320		600,212		584,209		571,247		2.2		9.3		612,148		559,301		9.4

CREDIT QUALITY DATA
Net charge-offs	$	4,849	$	123	$	847	$	3,619	$	1,825	3842.3	%	165.7	%	$	5,819	$	3,028	92.2	%

Nonaccrual loans	$	68,214	$	64,818	$	64,958	$	39,960	$	24,378	5.2	%	179.8	%
Loans 90 days past due and still accruing	80		20		—		255		153		300.0		(47.7)
Other real estate owned and repossessed property	13,475		2,362		3,414		2,992		3,552		470.5		279.4
Total nonperforming assets	$	81,769	$	67,200	$	68,372	$	43,207	$	28,083	21.7		191.2


											Q3 2026 vs.		Q3 2026 vs.		Nine Months Ended September 30,
($ in thousands, except per share data)	Q3 2026		Q2 2026		Q1 2026		Q4 2025		Q3 2025		Q2 2026		Q3 2025		2026		2025		2026 vs 2025
CAPITAL AND CREDIT QUALITY RATIOS
Period-end equity to assets – GAAP	9.60	%	10.02	%	9.71	%	9.42	%	9.19	%	(42)	bp	41	bp
Period-end tangible equity to tangible assets – non-GAAP(1)	8.36		8.69		8.37		8.06		7.80		(33)		56

Annualized net charge-offs to average loans	0.39	%	0.01	%	0.07	%	0.29	%	0.15	%	38	bp	24	bp	0.16	%	0.08	%	8	bp

Allowance for credit losses as a percent of:
Period-end loans	1.21	%	1.20	%	1.21	%	1.20	%	1.22	%	1	bp	(1)	bp
Period-end nonaccrual loans	87.30	%	90.62	%	90.03	%	147.24	%	244.29	%	(332)	bp	(15,699)	bp
Period-end nonperforming assets	72.83	%	87.41	%	85.53	%	136.17	%	212.06	%	(1,458)	bp	(13,923)	bp

Nonaccrual loans as a percent of total loans	1.39	%	1.33	%	1.34	%	0.82	%	0.50	%	6	bp	89	bp
Nonperforming assets as a percent of total loans, other real estate owned and repossessed property	1.66	%	1.38	%	1.41	%	0.88	%	0.57	%	28	bp	109	bp
Nonaccrual loans as a percent of total assets	1.06	%	1.05	%	1.05	%	0.64	%	0.39	%	1	bp	67	bp
Nonperforming assets as a percent of total assets	1.27	%	1.09	%	1.10	%	0.69	%	0.45	%	18	bp	82	bp


																Q3 2026 vs.		Q3 2026 vs.
($ in thousands)	Q3 2026			Q2 2026			Q1 2026			Q4 2025			Q3 2025			Q2 2026		Q3 2025
Company Amounts
Common Equity Tier 1 Capital	$	551,179		$	541,577		$	525,849		$	510,729		$	496,709		1.77	%	10.97	%
Tier 1 Capital	581,585			571,904			556,096			540,897			526,794			1.69		10.40
Total Capital	700,776			691,720			674,811			660,451			627,055			1.31		11.76
Risk-Weighted Assets	4,822,726			4,882,618			4,794,374			4,852,573			4,867,237			(1.23)		(0.91)

Company Ratios
Common Equity Tier 1 Capital to Risk-Weighted Assets (“RWA”)	11.43		%	11.09		%	10.97		%	10.52		%	10.21		%	34	bp	122	bp
Tier 1 Capital to RWA	12.06			11.71			11.60			11.15			10.82			35		124
Total Capital to RWA	14.53			14.17			14.08			13.61			12.88			36		165
Tier 1 Capital to AA (Leverage)	9.52			9.52			9.12			8.82			8.86			—		66

Bank Amounts
Common Equity Tier 1 Capital	$	609,420		$	600,541		$	583,733		$	569,183		$	559,212		1.48	%	8.98	%
Tier 1 Capital	609,420			600,541			583,733			569,183			559,212			1.48		8.98
Total Capital	669,663			661,531			643,627			629,746			620,034			1.23		8.00
Risk-Weighted Assets	4,818,352			4,879,247			4,791,223			4,844,639			4,864,871			(1.25)		(0.96)

Bank Ratios
Common Equity Tier 1 Capital to RWA	12.65		%	12.31		%	12.18		%	11.75		%	11.49		%	34	bp	116	bp
Tier 1 Capital to RWA	12.65			12.31			12.18			11.75			11.49			34		116
Total Capital to RWA	13.90			13.56			13.43			13.00			12.75			34		115
Tier 1 Capital to AA (Leverage)	9.99			10.00			9.58			9.30			9.41			(1)		58


											September 30, 2026		September 30, 2026
											compared to		compared to
($ in thousands, except per share data)	September 30, 2026		June 30, 2026		March 31, 2026		December 31, 2025		September 30, 2025		June 30, 2026		September 30, 2025
ASSETS	(unaudited)		(unaudited)		(unaudited)				(unaudited)
Cash and due from banks	$	58,235	$	53,335	$	44,054	$	50,164	$	62,289	9.2	%	(6.5)	%
Interest-bearing deposits with other banks	396,816		204,335		296,768		305,402		354,224		94.2		12.0
Cash and cash equivalents	455,051		257,670		340,822		355,566		416,513		76.6		9.3
Investment securities:
Available for sale, at fair value	380,838		287,369		264,026		220,358		181,720		32.5		109.6
Held to maturity, net of allowance for credit losses	356,183		366,213		393,615		414,827		433,440		(2.7)		(17.8)
Equity securities, at fair value	6,031		6,218		6,195		6,186		6,113		(3.0)		(1.3)
Restricted securities, at cost	18,003		18,003		18,003		17,989		20,364		—		(11.6)
Loans held for sale, at fair value	14,865		30,827		24,034		32,540		21,500		(51.8)		(30.9)
Loans held for investment	4,902,662		4,877,749		4,848,030		4,900,302		4,882,969		0.5		0.4
Less: allowance for credit losses	(59,554)		(58,737)		(58,481)		(58,836)		(59,554)		1.4		—
Loans, net	4,843,108		4,819,012		4,789,549		4,841,466		4,823,415		0.5		0.4

Premises and equipment, net	79,048		79,580		80,137		80,168		80,812		(0.7)		(2.2)
Goodwill	63,266		63,266		63,266		63,266		63,266		—		—
Other intangible assets, net	24,026		25,767		27,742		29,722		31,722		(6.8)		(24.3)
Right-of-use assets	9,322		9,691		10,102		10,523		10,896		(3.8)		(14.4)
Cash surrender value on life insurance	107,162		107,724		106,684		105,839		105,055		(0.5)		2.0
Accrued interest receivable	20,891		20,021		20,676		18,551		20,408		4.3		2.4
Deferred income taxes	32,587		30,657		29,752		29,825		30,328		6.3		7.4
Other assets	43,979		29,413		31,460		31,992		32,927		49.5		33.6
TOTAL ASSETS	$	6,454,360	$	6,151,431	$	6,206,063	$	6,258,818	$	6,278,479	4.9		2.8


											September 30, 2026		September 30, 2026
											compared to		compared to
($ in thousands, except per share data)	September 30, 2026		June 30, 2026		March 31, 2026		December 31, 2025		September 30, 2025		June 30, 2026		September 30, 2025
LIABILITIES	(unaudited)		(unaudited)		(unaudited)				(unaudited)
Deposits:
Noninterest-bearing	$	1,617,258	$	1,606,809	$	1,567,425	$	1,587,953	$	1,594,212	0.7	%	1.4	%
Interest-bearing checking	1,069,480		833,602		812,847		852,585		851,963		28.3		25.5
Money market and savings	1,758,063		1,710,570		1,795,619		1,814,928		1,790,001		2.8		(1.8)
Time deposits	1,250,723		1,247,973		1,274,766		1,267,487		1,281,132		0.2		(2.4)
Brokered deposits	803		796		10,963		10,911		10,857		0.9		(92.6)
Total deposits	5,696,327		5,399,750		5,461,620		5,533,864		5,528,165		5.5		3.0

FHLB advances	—		—		—		—		50,000		—		(100.0)
Guaranteed preferred beneficial interest in junior subordinated debentures (“TRUPS”), net	30,406		30,327		30,247		30,168		30,085		0.3		1.1
Subordinated debt, net	58,893		58,825		58,782		58,893		44,409		0.1		32.6
Total borrowings	89,299		89,152		89,029		89,061		124,494		0.2		(28.3)
Lease liabilities	9,829		10,199		10,608		11,027		11,395		(3.6)		(13.7)
Other liabilities	39,606		36,255		42,092		34,993		37,218		9.2		6.4
TOTAL LIABILITIES	5,835,061		5,535,356		5,603,349		5,668,945		5,701,272		5.4		2.3
STOCKHOLDERS’ EQUITY
Common stock, $0.01 par value per share	333		334		335		334		334		(0.3)		(0.3)
Additional paid-in capital	357,207		361,048		361,013		360,554		359,939		(1.1)		(0.8)
Retained earnings	272,851		260,782		246,636		233,578		221,693		4.6		23.1
Accumulated other comprehensive loss	(11,092)		(6,089)		(5,270)		(4,593)		(4,759)		82.2		133.1
TOTAL STOCKHOLDERS’ EQUITY	619,299		616,075		602,714		589,873		577,207		0.5		7.3
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	6,454,360	$	6,151,431	$	6,206,063	$	6,258,818	$	6,278,479	4.9		2.8

Shares of common stock issued and outstanding	33,305,321		33,416,336		33,451,063		33,413,503		33,421,672		(0.3)	%	(0.3)	%
Book value per common share at period end	$	18.59	$	18.44	$	18.02	$	17.65	$	17.27	0.8		7.6


											Q3 2026 vs.		Q3 2026 vs.		Nine Months Ended September 30,
($ in thousands, except per share data)	Q3 2026		Q2 2026		Q1 2026		Q4 2025		Q3 2025		Q2 2026		Q3 2025		2026		2025		% Change
INTEREST INCOME
Interest on loans	$	72,655	$	70,456	$	70,814	$	72,092	$	70,693	3.1	%	2.8	%	$	213,925	$	207,816	2.9	%
Interest and dividends on taxable investment securities	5,535		5,387		5,114		5,010		5,036		2.7		9.9		16,036		15,368		4.3
Interest and dividends on tax-exempt investment securities	6		6		6		6		6		—		—		18		18		—

Interest on deposits with other banks	1,851		1,600		2,458		2,810		1,215		15.7		52.3		5,909		6,212		(4.9)
Total interest income	80,047		77,449		78,392		79,918		76,950		3.4		4.0		235,888		229,414		2.8

INTEREST EXPENSE
Interest on deposits	23,336		22,943		24,264		27,289		26,474		1.7		(11.9)		70,543		81,914		(13.9)
Interest on short-term borrowings	—		16		—		246		640		(100.0)		(100.0)		16		1,843		(99.1)
Interest on long-term borrowings	1,584		1,571		1,573		2,181		1,418		0.8		11.7		4,728		4,178		13.2
Total interest expense	24,920		24,530		25,837		29,716		28,532		1.6		(12.7)		75,287		87,935		(14.4)

NET INTEREST INCOME	55,127		52,919		52,555		50,202		48,418		4.2		13.9		160,601		141,479		13.5
Provision for credit losses	5,268		896		85		2,827		2,992		487.9		76.1		6,249		5,548		12.6
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES	49,859		52,023		52,470		47,375		45,426		(4.2)		9.8		154,352		135,931		13.6

NONINTEREST INCOME
Service charges on deposit accounts	1,731		1,651		1,596		1,663		1,599		4.8		8.3		4,978		4,632		7.5
Trust and investment fee income	1,115		1,103		1,137		1,042		898		1.1		24.2		3,355		2,663		26.0
Mortgage banking revenue	1,156		1,554		1,450		1,181		1,278		(25.6)		(9.5)		4,160		4,897		(15.1)
Interchange credits	1,963		1,960		1,698		1,862		1,858		0.2		5.7		5,621		5,223		7.6
Other noninterest income	1,710		2,562		1,363		3,158		2,305		(33.3)		(25.8)		5,635		7,063		(20.2)
Total noninterest income	$	7,675	$	8,830	$	7,244	$	8,906	$	7,938	(13.1)		(3.3)		$	23,749	$	24,478	(3.0)


											Q3 2026 vs.		Q3 2026 vs.		Nine Months Ended September 30,
($ in thousands, except per share data)	Q3 2026		Q2 2026		Q1 2026		Q4 2025		Q3 2025		Q2 2026		Q3 2025		2026		2025		% Change
NONINTEREST EXPENSE
Salaries and employee benefits	$	18,475	$	18,462	$	19,639	$	18,582	$	18,642	0.1	%	(0.9)	%	$	56,576	$	52,824	7.1	%
Occupancy expense	2,366		2,495		2,567		2,461		2,406		(5.2)		(1.7)		7,428		7,416		0.2
Furniture and equipment expense	971		966		855		792		892		0.5		8.9		2,792		2,542		9.8
Software and data processing	5,801		5,335		5,140		5,197		5,155		8.7		12.5		16,276		14,665		11.0
Amortization of other intangible assets	1,741		1,975		1,980		2,000		2,039		(11.8)		(14.6)		5,696		6,589		(13.6)
Legal and professional fees	881		1,355		1,605		1,237		989		(35.0)		(10.9)		3,841		3,827		0.4
FDIC insurance premium expense	805		968		995		845		794		(16.8)		1.4		2,768		2,908		(4.8)
Marketing and advertising	376		275		311		367		315		36.7		19.4		962		953		0.9
Fraud losses	245		147		111		227		45		66.7		444.4		503		233		115.9

Other noninterest expense	3,602		3,690		3,853		3,791		3,102		(2.4)		16.1		11,145		10,579		5.4
Total noninterest expense	35,263		35,668		37,056		35,499		34,379		(1.1)		2.6		107,987		102,536		5.3

Income before income taxes	22,271		25,185		22,658		20,782		18,985		(11.6)		17.3		70,114		57,873		21.2
Income tax expense	5,500		6,320		5,570		4,895		4,637		(13.0)		18.6		17,390		14,254		22.0
NET INCOME	$	16,771	$	18,865	$	17,088	$	15,887	$	14,348	(11.1)		16.9		$	52,724	$	43,619	20.9

Weighted average shares outstanding – basic	33,382,278		33,451,484		33,428,444		33,426,198		33,419,291		(0.2)	%	(0.1)	%	33,420,566		33,381,568		0.1	%
Weighted average shares outstanding – diluted	33,417,440		33,478,698		33,447,767		33,446,103		33,435,862		(0.2)	%	(0.1)	%	33,444,164		33,392,298		0.2	%

Basic net income per common share	$	0.50	$	0.56	$	0.51	$	0.48	$	0.43	(10.7)	%	16.3	%	$	1.58	$	1.31	20.6	%
Diluted net income per common share	$	0.50	$	0.56	$	0.51	$	0.48	$	0.43	(10.7)	%	16.3	%	$	1.58	$	1.31	20.6	%
Dividends paid per common share	$	0.14	$	0.14	$	0.12	$	0.12	$	0.12	—	%	16.7	%	$	0.40	$	0.36	11.1	%


	Three Months Ended
	September 30, 2026						June 30, 2026						September 30, 2025
($ in thousands)	Average Balance		Interest		Yield/Rate		Average Balance		Interest		Yield/Rate		Average Balance		Interest		Yield/Rate
Earning assets
Loans(1), (2), (3)
Commercial real estate	$	2,618,370	$	38,804	5.88	%	$	2,586,937	$	38,169	5.92	%	$	2,615,409	$	37,917	5.75	%
Residential real estate	1,515,040		21,674		5.72		1,484,165		20,276		5.46		1,407,076		19,671		5.59
Construction	341,366		5,548		6.45		338,695		5,454		6.46		347,574		5,848		6.68
Commercial	224,741		3,253		5.74		208,349		3,041		5.85		219,002		3,370		6.10
Consumer	239,114		3,372		5.59		250,295		3,491		5.59		289,729		3,858		5.28
Credit cards	3,293		93		11.17		4,125		110		10.69		5,213		110		8.36
Total loans	4,941,924		72,744		5.85		4,872,566		70,541		5.80		4,884,003		70,774		5.76

Investment securities
Taxable	687,213		5,535		3.22		684,116		5,387		3.15		663,884		5,036		3.03
Tax-exempt(1)	644		8		4.97		646		7		4.33		651		8		4.92

Interest-bearing deposits	195,897		1,851		3.75		173,726		1,600		3.69		110,443		1,215		4.36
Total earning assets	5,825,678		80,138		5.47		5,731,054		77,535		5.42		5,658,981		77,033		5.41
Cash and due from banks	48,015						43,885						49,405
Other assets	362,218						364,155						370,952
Allowance for credit losses	(58,701)						(58,586)						(58,764)
Total assets	$	6,177,210					$	6,080,508					$	6,020,574


	Three Months Ended
	September 30, 2026						June 30, 2026						September 30, 2025
($ in thousands)	Average Balance		Interest		Yield/Rate		Average Balance		Interest		Yield/Rate		Average Balance		Interest		Yield/Rate





















Interest-bearing liabilities
Interest-bearing checking	$	792,764	$	5,056	2.53	%	$	733,877	$	4,560	2.49	%	$	689,906	$	5,157	2.97	%
Money market and savings deposits	1,738,159		8,334		1.90		1,744,356		8,079		1.86		1,714,161		9,277		2.15
Time deposits	1,245,785		9,938		3.16		1,258,086		10,288		3.28		1,277,403		11,935		3.71
Brokered deposits	798		8		4.01		4,033		16		1.59		10,891		105		3.83
Interest-bearing deposits(4)	3,777,506		23,336		2.45		3,740,352		22,943		2.46		3,692,361		26,474		2.84

FHLB advances	—		—		—		1,648		16		3.88		52,391		640		4.85
Subordinated debt and guaranteed preferred beneficial interest in junior subordinated debentures (“TRUPS”)(4)	89,219		1,584		7.04		89,082		1,571		7.07		74,363		1,418		7.57
Total interest-bearing liabilities	3,866,725		24,920		2.56		3,831,082		24,530		2.57		3,819,115		28,532		2.96
Noninterest-bearing deposits	1,638,566						1,592,192						1,587,891
Accrued expenses and other liabilities	47,275						45,914						42,321
Stockholders’ equity	624,644						611,320						571,247
Total liabilities and stockholders’ equity	$	6,177,210					$	6,080,508					$	6,020,574

Net interest spread					2.91	%					2.85	%					2.45	%
Net interest margin					3.78						3.70						3.41
Net interest margin excluding accretion(3)					3.50						3.45						3.22
Cost of funds					1.80						1.81						2.09
Cost of deposits					1.71						1.73						1.99
Cost of debt					7.04						7.02						6.44


	Nine Months Ended September 30,
	2026						2025
($ in thousands)	Average Balance		Interest		Yield/Rate		Average Balance		Interest		Yield/Rate
Earning assets
Loans(1), (2), (3)
Commercial real estate	$	2,602,270	$	116,002	5.96	%	$	2,576,893	$	110,983	5.76	%
Residential real estate	1,483,344		61,261		5.51		1,377,904		57,063		5.52
Construction	342,654		16,633		6.49		350,883		17,069		6.50
Commercial	218,223		9,590		5.88		225,322		10,719		6.36
Consumer	250,443		10,397		5.55		297,543		11,917		5.35
Credit cards	3,925		303		10.31		6,002		304		6.76
Total loans	4,900,859		214,186		5.84		4,834,547		208,055		5.75

Investment securities
Taxable	679,098		16,036		3.15		670,304		15,368		3.06
Tax-exempt(1)	646		23		4.80		652		23		4.75

Interest-bearing deposits	212,731		5,909		3.71		188,707		6,212		4.40
Total earning assets	5,793,334		236,154		5.45		5,694,210		229,658		5.39
Cash and due from banks	45,375						47,752
Other assets	364,101						373,398
Allowance for credit losses	(58,676)						(58,477)
Total assets	$	6,144,134					$	6,056,883


	Nine Months Ended September 30,
	2026						2025
($ in thousands)	Average Balance		Interest		Yield/Rate		Average Balance		Interest		Yield/Rate





















Interest-bearing liabilities
Interest-bearing checking	$	769,162	$	14,456	2.51	%	$	756,235	$	17,879	3.16	%
Money market and savings deposits	1,764,592		25,109		1.90		1,753,594		28,872		2.20
Time deposits	1,257,918		30,850		3.28		1,248,405		34,966		3.74
Brokered deposits	5,215		128		3.28		6,911		197		3.81
Interest-bearing deposits(4)	3,796,887		70,543		2.48		3,765,145		81,914		2.91

FHLB advances	550		16		3.82		50,806		1,843		4.85
Subordinated debt and TRUPS(4)	89,109		4,728		7.09		74,103		4,178		7.54
Total interest-bearing liabilities	3,886,546		75,287		2.59		3,890,054		87,935		3.02
Noninterest-bearing deposits	1,598,872						1,566,353
Accrued expenses and other liabilities	46,568						41,175
Stockholders’ equity	612,148						559,301
Total liabilities and stockholders’ equity	$	6,144,134					$	6,056,883

Net interest spread					2.86	%					2.37	%
Net interest margin					3.71						3.32
Net interest margin excluding accretion(3)					3.43						3.10
Cost of funds					1.84						2.15
Cost of deposits					1.75						2.05
Cost of debt					7.07						6.44


																Nine Months Ended September 30,
($ in thousands, except per share data)	Q3 2026			Q2 2026			Q1 2026			Q4 2025			Q3 2025			2026			2025
The following reconciles return on average assets, average equity and return on average tangible common equity(1):
Net income	$	16,771		$	18,865		$	17,088		$	15,887		$	14,348		$	52,724		$	43,619
Annualized net income (A)	$	66,537		$	75,667		$	69,301		$	63,030		$	56,924		$	70,492		$	58,318

Net income	$	16,771		$	18,865		$	17,088		$	15,887		$	14,348		$	52,724		$	43,619
Add: amortization of other intangible assets, net of tax	1,311			1,479			1,493			1,529			1,541			4,283			4,966
Net income excluding amortization of other intangible assets – non-GAAP	18,082			20,344			18,581			17,416			15,889			57,007			48,585
Annualized net income excluding amortization of other intangible assets – non-GAAP (B)	$	71,738		$	81,600		$	75,356		$	69,096		$	63,038		$	76,218		$	64,958

Net income	$	16,771		$	18,865		$	17,088		$	15,887		$	14,348		$	52,724		$	43,619
Add: amortization of other intangible assets, net of tax	1,311			1,479			1,493			1,529			1,541			4,283			4,966



Adjusted net income – non-GAAP	18,082			20,344			18,581			17,416			15,889			57,007			48,585
Annualized adjusted net income – non-GAAP (C)	$	71,738		$	81,600		$	75,356		$	69,096		$	63,038		$	76,218		$	64,958

Net income	$	16,771		$	18,865		$	17,088		$	15,887		$	14,348		$	52,724		$	43,619
Less: income tax expense	5,500			6,320			5,570			4,895			4,637			17,390			14,254
Less: provision for credit losses	5,268			896			85			2,827			2,992			6,249			5,548
Pre-tax pre-provision income – non-GAAP	$	27,539		$	26,081		$	22,743		$	23,609		$	21,977		$	76,363		$	63,421

Return on average assets – GAAP	1.08		%	1.24		%	1.12		%	1.02		%	0.95		%	1.15		%	0.96		%
Adjusted return on average assets – non-GAAP	1.16		%	1.34		%	1.22		%	1.11		%	1.05		%	1.24		%	1.07		%

Average assets	$	6,177,210		$	6,080,508		$	6,174,655		$	6,206,753		$	6,020,574		$	6,144,134		$	6,056,883

Average stockholders’ equity (D)	$	624,644		$	611,320		$	600,212		$	584,209		$	571,247		$	612,148		$	559,301
Less: average goodwill and core deposit intangible	(88,226)			(90,088)			(92,086)			(94,059)			(96,074)			(90,119)			(98,260)
Average tangible common equity (E)	$	536,418		$	521,232		$	508,126		$	490,150		$	475,173		$	522,029		$	461,041

Return on average common equity – GAAP (A)/(D)	10.65		%	12.38		%	11.55		%	10.79		%	9.96		%	11.52		%	10.43		%
Return on average tangible common equity – non-GAAP (B)/(E)	13.37		%	15.66		%	14.83		%	14.10		%	13.27		%	14.60		%	14.09		%


																Nine Months Ended September 30,
($ in thousands, except per share data)	Q3 2026			Q2 2026			Q1 2026			Q4 2025			Q3 2025			2026			2025
The following reconciles efficiency ratio – GAAP and adjusted efficiency ratio – non-GAAP(2), and reconciles net interest margin – GAAP and net interest margin – non-GAAP(3):
Noninterest expense (F)	$	35,263		$	35,668		$	37,056		$	35,499		$	34,379		$	107,987		$	102,536
Less: amortization of other intangible assets	(1,741)			(1,975)			(1,980)			(2,000)			(2,039)			(5,696)			(6,589)


Adjusted noninterest expense (G)	$	33,522		$	33,693		$	35,076		$	33,499		$	32,340		$	102,291		$	95,947

Net interest income (H)	$	55,127		$	52,919		$	52,555		$	50,202		$	48,418		$	160,601		$	141,479
Add: taxable-equivalent adjustment	91			86			89			92			83			266			244
Taxable-equivalent net interest income (I)	55,218			53,005			52,644			50,294			48,501			160,867			141,723
Less: accretion interest income	(4,008)			(3,688)			(4,263)			(2,752)			(2,811)			(11,958)			(9,542)
Adjusted net interest income (J)	$	51,210		$	49,317		$	48,381		$	47,542		$	45,690		$	148,909		$	132,181

Noninterest income (K)	$	7,675		$	8,830		$	7,244		$	8,906		$	7,938		$	23,749		$	24,478


Adjusted noninterest income (L)	$	7,675		$	8,830		$	7,244		$	8,906		$	7,938		$	23,749		$	24,478

Total earning assets (M)	$	5,825,678		$	5,731,054		$	5,823,244		$	5,843,816		$	5,658,981		$	5,793,334		$	5,694,210

Efficiency ratio – GAAP (F)/(H)+(K)	56.15		%	57.76		%	61.97		%	60.06		%	61.00		%	58.58		%	61.78		%
Adjusted efficiency ratio – non-GAAP (G)/(I)+(L)	53.30		%	54.49		%	58.57		%	56.59		%	57.30		%	55.41		%	57.73		%

Net interest margin – GAAP (I)/(M)	3.78		%	3.70		%	3.64		%	3.43		%	3.41		%	3.71		%	3.32		%
Net interest margin excluding accretion – non-GAAP (J)/(M)(3)	3.50		%	3.45		%	3.35		%	3.24		%	3.22		%	3.43		%	3.10		%


($ in thousands, except per share data)	Q3 2026		Q2 2026		Q1 2026		Q4 2025		Q3 2025
The following reconciles book value per common share and tangible book value per common share(1):
Stockholders’ equity (N)	$	619,299	$	616,075	$	602,714	$	589,873	$	577,207
Less: goodwill and core deposit intangible	(87,292)		(89,033)		(91,008)		(92,988)		(94,988)
Tangible common equity (O)	$	532,007	$	527,042	$	511,706	$	496,885	$	482,219

Shares of common stock outstanding (P)	33,305,321		33,416,336		33,451,063		33,413,503		33,421,672

Book value per common share – GAAP (N)/(P)	$	18.59	$	18.44	$	18.02	$	17.65	$	17.27
Tangible book value per common share – non-GAAP (O)/(P)	$	15.97	$	15.77	$	15.30	$	14.87	$	14.43

The following reconciles equity to assets and tangible common equity to tangible assets(1):
Stockholders’ equity (Q)	$	619,299	$	616,075	$	602,714	$	589,873	$	577,207
Less: goodwill and core deposit intangible	(87,292)		(89,033)		(91,008)		(92,988)		(94,988)
Tangible common equity (R)	$	532,007	$	527,042	$	511,706	$	496,885	$	482,219

Assets (S)	$	6,454,360	$	6,151,431	$	6,206,063	$	6,258,818	$	6,278,479
Less: goodwill and core deposit intangible	(87,292)		(89,033)		(91,008)		(92,988)		(94,988)
Tangible assets (T)	$	6,367,068	$	6,062,398	$	6,115,055	$	6,165,830	$	6,183,491

Period-end equity to assets – GAAP (Q)/(S)	9.60%		10.02%		9.71%		9.42%		9.19%
Period-end tangible common equity to tangible assets – non-GAAP (R)/(T)	8.36%		8.69%		8.37%		8.06%		7.80%


Regulatory Capital and Ratios for the Company
($ in thousands)	Q3 2026			Q2 2026			Q1 2026			Q4 2025			Q3 2025
Common equity	$	619,299		$	616,075		$	602,714		$	589,873		$	577,207
Goodwill(1)	(60,938)			(61,000)			(61,061)			(61,123)			(61,176)
Core deposit intangible(2)	(18,274)			(19,587)			(21,074)			(22,566)			(24,041)
DTAs that arise from net operating loss and tax credit carryforwards	—			—			—			(48)			(40)
Accumulated other comprehensive loss	11,092			6,089			5,270			4,593			4,759
Common Equity Tier 1 Capital	551,179			541,577			525,849			510,729			496,709
TRUPS	30,406			30,327			30,247			30,168			30,085
Tier 1 Capital	581,585			571,904			556,096			540,897			526,794
Allowable reserve for credit losses and other Tier 2 adjustments	60,298			60,991			59,933			60,661			60,852
Subordinated debt	58,893			58,825			58,782			58,893			39,409
Total Capital	$	700,776		$	691,720		$	674,811		$	660,451		$	627,055

Risk-Weighted Assets (“RWA”)	$	4,822,726		$	4,882,618		$	4,794,374		$	4,852,573		$	4,867,237
Average Assets (“AA”)	6,107,556			6,007,717			6,098,196			6,129,306			5,942,911

Common Equity Tier 1 Capital to RWA	11.43		%	11.09		%	10.97		%	10.52		%	10.21		%
Tier 1 Capital to RWA	12.06			11.71			11.60			11.15			10.82
Total Capital to RWA	14.53			14.17			14.08			13.61			12.88
Tier 1 Capital to AA (Leverage)	9.52			9.52			9.12			8.82			8.86


Regulatory Capital and Ratios for the Bank
($ in thousands)	Q3 2026		Q2 2026		Q1 2026		Q4 2025		Q3 2025
Common equity	$	677,540	$	675,039	$	660,598	$	648,279	$	639,670
Goodwill(1)	(60,938)		(61,000)		(61,061)		(61,123)		(61,176)
Core deposit intangible(2)	(18,274)		(19,587)		(21,074)		(22,566)		(24,041)

Accumulated other comprehensive loss	11,092		6,089		5,270		4,593		4,759
Common Equity Tier 1 Capital	609,420		600,541		583,733		569,183		559,212

Tier 1 Capital	609,420		600,541		583,733		569,183		559,212
Allowable reserve for credit losses and other Tier 2 adjustments	60,243		60,990		59,894		60,563		60,822

Total Capital	$	669,663	$	661,531	$	643,627	$	629,746	$	620,034

Risk-Weighted Assets (“RWA”)	$	4,818,352	$	4,879,247	$	4,791,223	$	4,844,639	$	4,864,871
Average Assets (“AA”)	6,102,777		6,002,596		6,093,905		6,122,775		5,939,890


($ in thousands)	September 30, 2026		% of Total Loans		June 30, 2026		% of Total Loans		March 31, 2026		% of Total Loans		December 31, 2025		% of Total Loans		September 30, 2025		% of Total Loans
Commercial real estate	$	2,581,473	52.66	%	$	2,603,014	53.37	%	$	2,599,815	53.62	%	$	2,643,996	53.95	%	$	2,642,601	54.12	%
Residential real estate	1,498,469		30.56		1,470,401		30.15		1,425,733		29.41		1,414,964		28.88		1,383,348		28.33
Construction	352,073		7.18		337,779		6.92		342,835		7.07		344,903		7.04		352,116		7.21
Commercial	236,276		4.82		220,712		4.52		220,833		4.56		226,006		4.61		221,598		4.54
Consumer	231,703		4.73		241,751		4.96		254,478		5.25		265,912		5.43		278,242		5.70
Credit cards	2,668		0.05		4,092		0.08		4,336		0.09		4,521		0.09		5,064		0.10
Total loans	4,902,662		100.00	%	4,877,749		100.00	%	4,848,030		100.00	%	4,900,302		100.00	%	4,882,969		100.00	%
Less: allowance for credit losses	(59,554)				(58,737)				(58,481)				(58,836)				(59,554)
Total loans, net	$	4,843,108			$	4,819,012			$	4,789,549			$	4,841,466			$	4,823,415


($ in thousands)	September 30, 2026			June 30, 2026			March 31, 2026			December 31, 2025			September 30, 2025


Substandard	$	90,301		$	84,285		$	82,337		$	57,366		$	48,470
Total classified loans	90,301			84,285			82,337			57,366			48,470
Special mention loans	54,648			72,957			97,771			73,401			70,997
Total classified and special mention loans	$	144,949		$	157,242		$	180,108		$	130,767		$	119,467

Classified loans	$	90,301		$	84,285		$	82,337		$	57,366		$	48,470
Other real estate owned	10,781			—			69			113			120
Repossessed assets	2,694			2,362			3,345			2,879			3,432
Total classified assets	$	103,776		$	86,647		$	85,751		$	60,358		$	52,022

Nonaccrual loans	$	68,214		$	64,818		$	64,958		$	39,960		$	24,378
Loans 90 days or more past due and still accruing	80			20			—			255			153
Other real estate owned	10,781			—			69			113			120
Repossessed assets	2,694			2,362			3,345			2,879			3,432
Total nonperforming assets	$	81,769		$	67,200		$	68,372		$	43,207		$	28,083
Accruing borrowers experiencing financial difficulty loans (“BEFD”)	107			140			5,263			5,311			6,704
Total nonperforming assets and BEFD modifications	$	81,876		$	67,340		$	73,635		$	48,518		$	34,787

Total assets	$	6,454,360		$	6,151,431		$	6,206,063		$	6,258,818		$	6,278,479

Classified assets to total assets	1.61		%	1.41		%	1.38		%	0.96		%	0.83		%
Nonperforming assets to total assets	1.27		%	1.09		%	1.10		%	0.69		%	0.45		%


LTV Range ($ in thousands)	Loan Count	Loan Balance		% of Office CRE
Less than or equal to 50%	216	$	148,601	33.3	%
Greater than 50% and less than or equal to 60%	77	130,024		29.1
Greater than 60% and less than or equal to 70%	80	113,224		25.3
Greater than 70% and less than or equal to 80%	60	40,307		9.0
Greater than 80%	16	14,820		3.3
Total	449	$	446,976	100.0	%