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Credit Risk Management and ACL for Loans (Tables)
 12 Months Ended
Dec. 31, 2024
Receivables [Abstract]  
Schedule of Financing Receivable Credit Quality Indicators
The following tables present the amortized cost basis of the Company's loan portfolio risk ratings within portfolio classifications, by origination date, or revolving status as of the dates indicated:
At or for the year ended December 31, 2024
Term Loans by Origination Year
(Dollars in thousands)20242023202220212020PriorRevolving LoansRevolving Loans Converted to TermTotal
Commercial real estate owner-occupied
Pass$49,097 $126,723 $101,658 $83,937 $49,526 $277,331 $7,312 $— $695,584 
Special mention— 130 — — — 6,546 — — 6,676 
Substandard— — 1,228 423 — 723 — — 2,374 
Total commercial real estate owner-occupied49,097 126,853 102,886 84,360 49,526 284,600 7,312 — 704,634 
Current period charge-offs— — — — — — — — — 
Commercial real estate non owner-occupied
Pass154,004 141,723 292,192 287,506 147,374 520,370 827 300 1,544,296 
Special mention— — 15,448 — — — — — 15,448 
Substandard— — 218 340 445 2,454 — — 3,457 
Total commercial real estate non owner-occupied154,004 141,723 307,858 287,846 147,819 522,824 827 300 1,563,201 
Current period charge-offs— — — — — — — — — 
Commercial and industrial
Pass81,891 60,997 39,791 32,536 20,325 50,476 182,184 5,924 474,124 
Special mention— — — — 203 258 270 — 731 
Substandard— 17 3,248 691 — 504 303 203 4,966 
Total commercial and industrial81,891 61,014 43,039 33,227 20,528 51,238 182,757 6,127 479,821 
Current period charge-offs12 44 — 196 — 267 — — 519 
Commercial construction
Pass138,845 229,116 127,493 106,452 9,517 21,582 32,325 — 665,330 
Substandard— — 14,639 — — — — — 14,639 
Total commercial construction138,845 229,116 142,132 106,452 9,517 21,582 32,325 — 679,969 
Current period charge-offs— — — — — — — — — 
Residential mortgages
Pass79,540 79,929 101,910 64,219 44,149 71,188 — — 440,935 
Substandard— — — 1,042 — 1,119 — — 2,161 
Total residential mortgages79,540 79,929 101,910 65,261 44,149 72,307 — — 443,096 
Current period charge-offs— — — — — — — — — 
Home equity
Pass623 454 783 528 433 2,033 97,217 1,507 103,578 
Substandard— — — — — 83 — 197 280 
Total home equity623 454 783 528 433 2,116 97,217 1,704 103,858 
Current period charge-offs— — — — — — — — — 
Consumer
Pass3,211 2,014 1,209 982 461 442 — — 8,319 
Total consumer3,211 2,014 1,209 982 461 442 — — 8,319 
Current period charge-offs94 3 1 — — 1 — — 99 
Total loans $507,211 $641,103 $699,817 $578,656 $272,433 $955,109 $320,438 $8,131 $3,982,898 
Total current period charge-offs$106 $47 $1 $196 $— $268 $— $— $618 
At or for the year ended December 31, 2023
Term Loans by Origination Year
(Dollars in thousands)20232022202120202019PriorRevolving LoansRevolving Loans Converted to TermTotal
Commercial real estate owner-occupied
Pass$82,500 $83,366 $88,178 $52,891 $51,379 $242,518 $2,169 $— $603,001 
Special mention31 — — — 489 6,971 — — 7,491 
Substandard— 1,311 270 — — 7,229 — — 8,810 
Total commercial real estate82,531 84,677 88,448 52,891 51,868 256,718 2,169 — 619,302 
Current period charge-offs— — — — — — — — — 
Commercial real estate non owner-occupied
Pass133,179 288,240 278,833 148,730 165,676 398,516 9,961 107 1,423,242 
Special mention— 15,782 — — — 2,977 — — 18,759 
Substandard— — 361 — 969 1,654 — 450 3,434 
Total commercial real estate non owner-occupied133,179 304,022 279,194 148,730 166,645 403,147 9,961 557 1,445,435 
Current period charge-offs— — — — — — — — — 
Commercial and industrial
Pass73,608 51,990 45,278 24,778 23,724 44,609 156,465 3,402 423,854 
Special mention— — — 70 215 201 2,227 223 2,936 
Substandard— — 18 — 1 209 316 3,415 3,959 
Total commercial and industrial73,608 51,990 45,296 24,848 23,940 45,019 159,008 7,040 430,749 
Current period charge-offs15 248 — — 67 266 — — 596 
Commercial construction
Pass192,462 164,313 143,203 22,017 16,247 10,532 27,261 — 576,035 
Special mention— 7,905 — — 1,173 — — — 9,078 
Total commercial construction192,462 172,218 143,203 22,017 17,420 10,532 27,261 — 585,113 
Current period charge-offs— — — — — — — — — 
Residential mortgages
Pass82,848 107,222 69,979 46,674 19,205 65,311 — — 391,239 
Special mention— — — — — 109 — — 109 
Substandard— — 236 — 1,055 503 — — 1,794 
Total residential mortgages82,848 107,222 70,215 46,674 20,260 65,923 — — 393,142 
Current period charge-offs— — — — — — — — — 
Home equity
Pass1,203 775 561 444 317 1,738 79,421 636 85,095 
Substandard— — — — — 72 — 208 280 
Total home equity1,203 775 561 444 317 1,810 79,421 844 85,375 
Current period charge-offs— — — — — — — — — 
Consumer
Pass3,705 1,652 1,371 722 623 442 — — 8,515 
Total consumer3,705 1,652 1,371 722 623 442 — — 8,515 
Current period charge-offs35 — — — — 1 — — 36 
Total loans $569,536 $722,556 $628,288 $296,326 $281,073 $783,591 $277,820 $8,441 $3,567,631 
Total current period charge-offs$50 $248 $— $— $67 $267 $— $— $632 
Schedule of Past Due Financing Receivables
The following tables present an age analysis of past due loans by portfolio classification as of the dates indicated:
Balance at December 31, 2024
(Dollars in thousands)30-59 Days
Past Due		60-89 Days
Past Due		Past Due 90 Days or More
Total Past
Due Loans(1)
Current
 Loans(1)
Total
Loans
Commercial real estate owner-occupied$1,333 $— $522 $1,855 $702,779 $704,634 
Commercial real estate non owner-occupied1,856 366 2,665 4,887 1,558,314 1,563,201 
Commercial and industrial1,319 69 3,702 5,090 474,731 479,821 
Commercial construction1,688 2,484 7,905 12,077 667,892 679,969 
Residential mortgages690 940 — 1,630 441,466 443,096 
Home equity467 133 — 600 103,258 103,858 
Consumer34 3 — 37 8,282 8,319 
Total loans$7,387 $3,995 $14,794 $26,176 $3,956,722 $3,982,898 
Balance at December 31, 2023
(Dollars in thousands)30-59 Days
Past Due		60-89 Days
Past Due		Past Due 90 days or More
Total Past
Due Loans(1)
Current
 Loans(1)
Total
Loans
Commercial real estate owner-occupied$459 $270 $212 $941 $618,361 $619,302 
Commercial real estate non owner-occupied722 504 1,122 2,348 1,443,087 1,445,435 
Commercial and industrial660 64 — 724 430,025 430,749 
Commercial construction— — — — 585,113 585,113 
Residential mortgages1,265 — 1,277 2,542 390,600 393,142 
Home equity53 — 97 150 85,225 85,375 
Consumer25 2 — 27 8,488 8,515 
Total loans$3,184 $840 $2,708 $6,732 $3,560,899 $3,567,631 
_______________________________________
(1)The loan balances in the table above include loans designated as non-accrual despite their payment due status. Loans designated as non-accrual are presented below.
Schedule of Financing Receivable, Nonaccrual
The following tables present the amortized cost of loans designated as non-accrual, despite their payment status, by portfolio classification as of the dates indicated:
Balance at December 31, 2024
(Dollars in thousands)Total Non-accrual LoansNon-accrual Loans without a Specific ReserveNon-accrual Loans with a Specific ReserveRelated Specific
Reserve
Commercial real estate owner-occupied$2,374 $2,374 $— $— 
Commercial real estate non owner-occupied3,457 2,532 925 185 
Commercial and industrial4,029 714 3,315 2,398 
Commercial construction14,639 — 14,639 3,649 
Residential mortgages1,931 1,931 — — 
Home equity 257 257 — — 
Consumer— — — — 
Total loans$26,687 $7,808 $18,879 $6,232 
Balance at December 31, 2023
(Dollars in thousands)Total Non-accrual LoansNon-accrual Loans without a Specific ReserveNon-accrual Loans with a Specific ReserveRelated Specific
Reserve
Commercial real estate owner-occupied$2,683 $2,683 $— $— 
Commercial real estate non owner-occupied2,686 1,717 969 229 
Commercial and industrial4,262 736 3,526 2,658 
Commercial construction— — — — 
Residential mortgages1,526 1,526 — — 
Home equity 257 257 — — 
Consumer— — — — 
Total loans$11,414 $6,919 $4,495 $2,887 
Schedule of Interest Lost on Nonaccrual Loans
The reduction in interest income for the years ended December 31, associated with non-accruing loans is summarized as follows:
(Dollars in thousands)202420232022
Income that would have been recognized if non-accrual loans had been on accrual$2,097 $1,285 $1,083 
Less income recognized628 191 1,050 
Reduction in interest income$1,469 $1,094 $33 
Schedule of Impaired Financing Receivables
The following tables present the recorded investment in collateral dependent individually evaluated loans and the related specific allowance by portfolio allocation as of the dates indicated:
Balance at December 31, 2024
(Dollars in thousands)Unpaid
Contractual
Principal
Balance		Total Recorded
Investment in
Collateral Dependent Loans		Recorded
Investment
without a
Specific Reserve		Recorded
Investment
with a
Specific Reserve		Related Specific
Reserve
Commercial real estate owner-occupied$2,921 $2,374 $2,374 $— $— 
Commercial real estate non owner-occupied4,368 3,457 2,532 925 185 
Commercial and industrial5,507 4,184 921 3,263 2,346 
Commercial construction14,824 14,639 — 14,639 3,649 
Residential mortgages2,347 2,161 2,161 — — 
Home equity145 108 108 — — 
Consumer— — — — — 
Total$30,112 $26,923 $8,096 $18,827 $6,180 
 
Balance at December 31, 2023
(Dollars in thousands)Unpaid
Contractual
Principal
Balance		Total Recorded
Investment in
Collateral Dependent Loans		Recorded
Investment
without a
Specific Reserve		Recorded
Investment
with a
Specific Reserve		Related Specific
Reserve
Commercial real estate owner-occupied$4,641 $4,165 $4,165 $— $— 
Commercial real estate non owner-occupied4,062 2,983 2,015 968 229 
Commercial and industrial6,804 4,332 950 3,382 2,526 
Commercial construction— — — — — 
Residential mortgages2,117 1,902 1,902 — — 
Home equity359 281 281 — — 
Consumer— — — — — 
Total$17,983 $13,663 $9,313 $4,350 $2,755 
Changes in the allowance for credit losses for the years ended December 31, 2024, 2023 and 2022 are summarized as follows:
(Dollars in thousands)202420232022
Balance at beginning of year$58,995 $52,640 $47,704 
Provision4,709 6,460 5,175 
Recoveries412 527 272 
Less: Charge-offs618 632 511 
Balance at end of year$63,498 $58,995 $52,640 
The following tables present changes in the ACL for loans by portfolio classification, during the periods presented below:
(Dollars in thousands)Commercial Real Estate Owner-OccupiedCommercial Real Estate Non Owner-OccupiedCommercial and IndustrialCommercial ConstructionResidential MortgageHome EquityConsumerTotal
Beginning Balance at December 31, 2023$10,455 $27,619 $11,089 $6,787 $2,152 $579 $314 $58,995 
Provision for credit losses for loans358 155 (996)4,978 53 160 1 4,709 
Recoveries— — 366 — — 7 39 412 
Less: Charge-offs— — 519 — — — 99 618 
Ending Balance at December 31, 2024$10,813 $27,774 $9,940 $11,765 $2,205 $746 $255 $63,498 
(Dollars in thousands)Commercial Real Estate Owner-OccupiedCommercial Real Estate Non Owner-OccupiedCommercial and IndustrialCommercial ConstructionResidential MortgageHome EquityConsumerTotal
Beginning Balance at December 31, 2022$10,304 $26,260 $8,896 $3,961 $2,255 $633 $331 $52,640 
Provision for credit losses for loans151 1,359 2,292 2,825 (103)(66)2 6,460 
Recoveries— — 497 1 — 12 17 527 
Less: Charge-offs— — 596 — — — 36 632 
Ending Balance at December 31, 2023$10,455 $27,619 $11,089 $6,787 $2,152 $579 $314 $58,995 
Schedule of Troubled Debt Restructurings on Financing Receivables
The following table presents the amortized cost basis of loan modifications made to borrowers experiencing financial difficulty by type of concession granted during the period indicated:
Year ended
December 31, 2024December 31, 2023
(Dollars in thousands)Payment DeferralsTerm ExtensionsTotal% of Loan Class TotalPayment DeferralsTerm ExtensionsTotal% of Loan Class Total
Commercial real estate owner-occupied$— $— $— — %$270 $— $270 0.01 %
Commercial and industrial1,640 — 1,640 0.34 %177 — 177 0.04 %
Commercial construction7,906 — 7,906 1.16 %— — — — %
Residential mortgages— — — — %31 — 31 0.01 %
Home equity loans and lines— 23 23 0.02 %— — — — %
Total$9,546 $23 $9,569 0.24 %$478 $— $478 0.01 %
The following table presents the financial effect of loan modifications made to borrowers experiencing financial difficulty during the periods indicated:
Year ended
December 31, 2024December 31, 2023
Weighted Average Payment DeferralsWeighted-Average Term ExtensionsWeighted Average Payment DeferralsWeighted-Average Term Extensions
Commercial real estate owner-occupied0.0 years0.0 years0.5 years0.0 years
Commercial and industrial0.5 years0.0 years0.5 years0.0 years
Commercial construction0.5 years0.0 years0.0 years0.0 years
Residential mortgages0.0 years0.0 years0.5 years0.0 years
Home equity loans and lines0.0 years10.0 years0.0 years0.0 years
The following table presents the performance status of loans that had been modified within the preceding twelve months for borrowers experiencing financial difficulty, at the period indicated.
Balance at December 31, 2024
(Dollars in thousands)Current30-59 Days
Past Due		60-89 Days
Past Due		Past Due 90 Days or MoreTotal Past
Due
Commercial real estate owner-occupied$— $— $— $— $— 
Commercial real estate non owner-occupied— — — — — 
Commercial and industrial1,640 — — — — 
Commercial construction— — — 7,906 7,906 
Residential mortgages— — — — — 
Home equity23 — — — — 
Consumer— — — — — 
Total$1,663 $— $— $7,906 $7,906 
Schedule of Change in Provisions for Credit Losses
The following table presents changes in the provision for credit losses on loans and unfunded commitments during the periods indicated:

(Dollars in thousands)December 31,
2024		December 31,
2023		December 31,
2022
Provision for credit losses on loans - collectively evaluated$1,463 $4,184 $5,949 
Provision for credit losses on loans - individually evaluated 3,246 2,276 (774)
Provision for credit losses on loans4,709 6,460 5,175 
Provision for unfunded commitments(2,724)2,789 625 
Provision for credit losses$1,985 $9,249 $5,800