v3.26.3
Loans and Other Finance Receivables (Tables)
 9 Months Ended
Sep. 30, 2026
Receivables [Abstract]  
Schedule of Loans and Leases Outstanding
The following table presents loans and other finance receivables detailed by category at the dates indicated:
(dollars in thousands)September 30,
2026		December 31, 2025
Real estate loans:
Commercial mortgage$897,800 $879,440 
Home equity lines and loans117,066 107,002 
Residential mortgage 225,569 236,135 
Construction and land development342,593 330,543 
Total real estate loans1,583,028 1,553,120 
Commercial, industrial & other finance receivables435,930 428,981 
Small business loans113,886 139,765 
Consumer336 329 
Leases, net28,706 45,489 
Loans and other finance receivables$2,161,886 $2,167,684 
Balances included in loans and other finance receivables
Residential mortgage real estate loans accounted under fair value option, at fair value$13,330 $14,396 
Residential mortgage real estate loans accounted under fair value option, at amortized cost16,248 16,169 
Unearned lease income included in leases, net(3,316)(4,980)
Unamortized net deferred loan origination costs, not included in loans above1,946 2,916 
Schedule of Age Analysis of Past Due Loans and Leases
The following tables present an aging of the Corporation’s loans at the dates indicated:
September 30, 2026
(dollars in thousands)30-59 days past due60-89 days past due90+ days past due and still accruingTotal past dueCurrentTotal accruing Nonaccrual Total loans and other finance receivables% Delinquent
Commercial mortgage$8,904 $298 $— $9,202 $877,170 $886,372 $11,428 $897,800 2.30 %
Home equity lines and loans142 180 — 322 115,180 115,502 1,564 117,066 1.61 
Residential mortgage (1)
— 759 2,472 3,231 216,188 219,419 6,150 225,569 4.16 
Construction and land development250 — — 250 317,388 317,638 24,955 342,593 7.36 
Commercial, industrial & other finance receivables3,180 — — 3,180 425,845 429,025 6,905 435,930 2.31 
Small business loans (2)
3,028 — — 3,028 87,275 90,303 23,583 113,886 23.37 
Consumer— — — — 336 336 — 336 — 
Leases, net305 324 — 629 26,820 27,449 1,257 28,706 6.57 %
Total$15,809 $1,561 $2,472 $19,842 $2,066,202 $2,086,044 $75,842 $2,161,886 4.43 %
(1) Includes $13.3 million of loans at fair value of which $13.0 million are current, zero are 30-89 days past due and $301 thousand are nonaccrual.
(2) Includes $13.6 million of loans within nonaccrual category that are guaranteed by the SBA.
December 31, 2025
(dollars in thousands)30-59 days past due60-89 days past dueTotal past dueCurrentTotal accruing Nonaccrual Total loans and other finance receivables% Delinquent
Commercial mortgage$1,059 $328 $1,387 $875,581 $876,968 $2,472 $879,440 0.44 %
Home equity lines and loans513 — 513 104,466 104,979 2,023 107,002 2.37 
Residential mortgage (1)
1,843 621 2,464 223,286 225,750 10,385 236,135 5.44 
Construction and land development— — — 323,893 323,893 6,650 330,543 2.01 
Commercial, industrial & other finance receivables1,099 — 1,099 421,112 422,211 6,770 428,981 1.83 
Small business loans (2)
739 — 739 114,245 114,984 24,781 139,765 18.26 
Consumer— — — 329 329 — 329 — 
Leases, net699 249 948 42,562 43,510 1,979 45,489 6.43 
Total$5,952 $1,198 $7,150 $2,105,474 $2,112,624 $55,060 $2,167,684 2.87 %
(1) Includes $14.4 million of loans at fair value of which $13.3 million are current, $604 thousand are 30-89 days past due and $510 thousand are nonaccrual.
(2) Includes $13.2 million of loans within nonaccrual category that are guaranteed by the SBA.
Schedule of Financing Receivables, Nonaccrual
The following table presents the amortized costs basis of loans on nonaccrual status, net of fees and costs as of September 30, 2026 and December 31, 2025. As of September 30, 2026 there was one loan 90 days or more past due and still accruing, while as of December 31, 2025 there were no loans 90 days or more past due and still accruing.
September 30, 2026
December 31, 2025
(dollars in thousands)Nonaccrual without ACLNonaccrual with ACLTotal nonaccrualNonaccrual without ACLNonaccrual with ACLTotal nonaccrual
Commercial mortgage$11,428 $— $11,428 $2,472 $— $2,472 
Home equity lines and loans1,386 178 1,564 2,023 — 2,023 
Residential mortgage4,352 1,798 6,150 9,020 1,365 10,385 
Construction and land development22,057 2,898 24,955 1,889 4,761 6,650 
Commercial, industrial & other finance receivables6,642 263 6,905 6,770 — 6,770 
Small business loans (1)
18,341 5,242 23,583 18,050 6,731 24,781 
Leases, net— 1,257 1,257 — 1,979 1,979 
Total$64,206 $11,636 $75,842 $40,224 $14,836 $55,060 
(1) Included in non-performing small business loans as of September 30, 2026 and December 31, 2025, are $13.6 million and $13.2 million in SBA guarantees.
Schedule of Non-accruing Collateral Dependent Loans by Class or Loans
The following table presents the amortized cost basis of non-accruing collateral-dependent loans and other finance receivables by class as of September 30, 2026 and December 31, 2025 under the current expected credit loss model:
September 30, 2026December 31, 2025
(dollars in thousands)Real estateEquipment and otherTotalReal estateEquipment and otherTotal
Commercial mortgage$11,428 $— $11,428 $2,472 $— $2,472 
Home equity lines and loans1,564 — 1,564 2,023 — 2,023 
Residential mortgage6,150 — 6,150 10,385 — 10,385 
Construction and land development24,955 — 24,955 6,650 — 6,650 
Commercial, industrial & other finance receivables1,904 5,001 6,905 1,372 5,398 6,770 
Small business loans19,625 3,958 23,583 19,287 5,494 24,781 
Total$65,626 $8,959 $74,585 $42,189 $10,892 $53,081