Loans and Allowance for Credit Losses

Schedule of loans by risk rating and portfolio segment

The following table presents the credit risk profile of the Company’s loan portfolio (excluding loans in process and deferred loan fees) based on rating category, as well as gross write-offs for the year ended December 31, 2025, and by fiscal year of origination as of December 31, 2025.


													Revolving
	Loans by Origination Year												Loans
	2025		2024		2023		2022		2021		Prior		Amortized Cost		Total
Commercial construction
Pass	$	2,037	$	-	$	-	$	-	$	-	$	-	$	-	$	2,037
Watch		775		6,170		-		-		-		-		-		6,945
Total commercial construction		2,812		6,170		-		-		-		-		-		8,982

Commercial non-residential
Pass	$	63,489	$	44,835	$	36,178	$	34,652	$	25,438	$	74,392	$	-	$	278,984
Watch		16,602		11,894		10,164		23,344		3,343		46,157		-		111,504
Special mention		-		-		22,921		-		-		-		-		22,921
Substandard		-		-		-		2,315		-		2,084		-		4,399
Total commercial non-residential		80,091		56,729		69,263		60,311		28,781		122,633		-		417,808
Current-period gross write-offs		-		-		-		629		-		-		-		629

Multifamily
Pass	$	10,986	$	738	$	590	$	18,086	$	27,949	$	7,063	$	-	$	65,412
Watch		996		5,627		10,210		10,756		5,514		9,423		-		42,526
Total multifamily		11,982		6,365		10,800		28,842		33,463		16,486		-		107,938

Residential
Performing	$	21,114	$	14,402	$	25,795	$	20,184	$	1,720	$	15,616	$	-	$	98,831
Non-performing		-		-		-		292		-		963		-		1,255
Total residential		21,114		14,402		25,795		20,476		1,720		16,579		-		100,086

Commercial and industrial
Pass	$	8,011	$	6,937	$	6,533	$	14,284	$	5,559	$	512	$	18,818	$	60,654
Watch		6,305		3,014		783		4,689		190		939		14,186		30,106
Special mention		-		-		-		455		-		-		250		705
Substandard		-		-		-		-		22		-		39		61
Total commercial and industrial		14,316		9,951		7,316		19,428		5,771		1,451		33,293		91,526
Current-period gross write-offs				11		151		8		-		165		-		335

Indirect automobile
Performing	$	44,776	$	38,583	$	47,088	$	58,044	$	19,391	$	5,180	$	-	$	213,062
Non-performing		41		104		120		320		87		68		-		740
Total indirect automobile		44,817		38,687		47,208		58,364		19,478		5,248		-		213,802
Current-period gross write-offs		86		428		500		1,026		463		129		-		2,632

Home equity
Performing	$	680	$	206	$	-	$	-	$	-	$	3,213	$	8,191	$	12,290
Total home equity		680		206		-		-		-		3,213		8,191		12,290

Other consumer
Performing	$	1,987	$	1,483	$	975	$	907	$	139	$	7	$	220	$	5,718
Non-performing		-		5		10		-		-		-		-		15
Total other consumer		1,987		1,488		985		907		139		7		220		5,733
Current-period gross write-offs		33		18		15		24		-		-		-		90

Total Loans
Pass/performing	$	153,080	$	107,184	$	117,159	$	146,157	$	80,196	$	105,983	$	27,229	$	736,988
Watch		24,678		26,705		21,157		38,789		9,047		56,519		14,186		191,081
Special mention		0		-		22,921		455		0		0		250		23,626
Substandard		-		-		-		2,315		22		2,084		39		4,460
Non-performing		41		109		130		612		87		1,031		-		2,010
Total Loans	$	177,799	$	133,998	$	161,367	$	188,328	$	89,352	$	165,617	$	41,704	$	958,165
Total Current-period gross write-offs	$	119	$	457	$	666	$	1,687	$	463	$	294	$	-	$	3,686

The following table presents the credit risk profile of the Company’s loan portfolio (excluding loans in process and deferred loan fees) based on rating category, as well as gross write-offs for the year ended December 31, 2024, and by fiscal year of origination as of December 31, 2024.


													Revolving
	Loans by Origination Year												Loans
	2024		2023		2022		2021		2020		Prior		Amortized Cost		Total
Commercial construction
Watch	$	6,509	$	17,261	$	2,841	$	-	$	-	$	-	$	-	$	26,611
Total commercial construction		6,509		17,261		2,841		-		-		-		-		26,611

Commercial non-residential
Pass	$	46,429	$	36,900	$	47,082	$	27,329	$	16,104	$	69,260	$	-	$	243,104
Watch		8,515		14,336		16,201		7,341		10,952		33,799		-		91,144
Special mention		-		-		3,009		873		322		5,745		-		9,949
Substandard		-		-		2,834		-		-		3,931		-		6,765
Total commercial non-residential		54,944		51,236		69,126		35,543		27,378		112,735		-		350,962
Current-period gross write-offs		-		-		-		-		-		291		-		291

Multifamily
Pass	$	-	$	1,398	$	18,410	$	28,939	$	2,034	$	5,296	$	-	$	56,077
Watch		5,673		10,235		11,027		11,863		-		10,155		-		48,953
Total multifamily		5,673		11,633		29,437		40,802		2,034		15,451		-		105,030

Residential
Performing	$	15,456	$	26,755	$	23,922	$	2,032	$	2,638	$	14,666	$	-	$	85,469
Non-performing		-		-		-		-		-		1,182		-		1,182
Total residential		15,456		26,755		23,922		2,032		2,638		15,848		-		86,651

Commercial and industrial
Pass	$	13,386	$	9,810	$	19,044	$	7,944	$	650	$	957	$	17,303	$	69,094
Watch		3,269		745		5,667		191		365		1,081		10,004		21,322
Special mention		-		-		506		191		98		6		-		801
Substandard		-		-		-		-		-		103		38		141
Doubtful		-		-		-		-		-		159		-		159
Total commercial and industrial		16,655		10,555		25,217		8,326		1,113		2,306		27,345		91,517
Current-period gross write-offs		-		40		-		7		-		561		-		608

Indirect automobile
Performing	$	54,048	$	72,083	$	104,879	$	42,286	$	15,440	$	6,343	$	-	$	295,079
Non-performing		46		78		182		187		62		35		-		590
Total indirect automobile		54,094		72,161		105,061		42,473		15,502		6,378		-		295,669
Current-period gross write-offs		171		812		1,533		665		256		189		-		3,626

Home equity
Performing	$	341	$	-	$	-	$	-	$	-	$	3,684	$	7,457	$	11,482
Non-performing		-		-		-		-		-		174		-		174
Total home equity		341		-		-		-		-		3,858		7,457		11,656

Other consumer
Performing	$	2,581	$	1,703	$	1,829	$	400	$	89	$	11	$	217	$	6,830
Total other consumer		2,581		1,703		1,829		400		89		11		217		6,830
Current-period gross write-offs		12		82		73		6		24		4		-		201

Total Loans
Pass/performing	$	132,241	$	148,649	$	215,166	$	108,930	$	36,955	$	100,217	$	24,977	$	767,135
Watch		23,966		42,577		35,736		19,395		11,317		45,035		10,004		188,030
Special mention		0		-		3,515		1,064		420		5,751		-		10,750
Substandard		-		-		2,834		-		0		4,034		38		6,906
Doubtful		-		-		-		-		-		159		-		159
Non-performing		46		78		182		187		62		1,391		-		1,946
Total Loans	$	156,253	$	191,304	$	257,433	$	129,576	$	48,754	$	156,587	$	35,019	$	974,926
Total Current-period gross write-offs	$	183	$	934	$	1,606	$	678	$	280	$	1,045	$	-	$	4,726

Schedule of amortized cost basis of nonaccrual loans

The following table presents the Company’s amortized cost basis of non-accrual loans for which there is no related ACL:


	December 31, 2025		December 31, 2024
Commercial real estate:
Non-residential	$	1,668	$	1,869
Multifamily		—		—
Commercial and industrial		22		299
Residential real estate		1,255		1,182
Consumer:
Indirect automobile		110		131
Home equity		—		174
Total	$	3,055	$	3,655

The following table presents the Company’s amortized cost basis of only those non-accrual loans with a related ACL:


	December 31, 2025				December 31, 2024
	Non-accrual loans		Related ACL		Non-accrual loans		Related ACL
Commercial and industrial	$	—	$	—	$	20	$	20
Consumer:
Indirect automobile		630		226		459		139
Other consumer		15		14		—		—
Total	$	645	$	240	$	479	$	159

Schedule of ACL for unfunded commitments

Activity in the Company’s ACL for unfunded commitments for the years ended December 31, 2025 and 2024 is summarized in the tables below and included in accrued expenses and other liabilities.


		Commercial						Commercial
Allowance for credit losses:		Real Estate			Residential			and Industrial			Indirect			Consumer			Totals
Balance at December 31, 2023		$	172		$	—		$	72		$	—		$	13		$	257
(Reversal of) provision for credit losses			(53)			1			32			—			7			(13)
Balance at December 31, 2024		$	119		$	1		$	104		$	—		$	20		$	244
(Reversal of) provision for credit losses			(100)			2			8			—			(1)			(91)
Balance at December 31, 2025		$	19		$	3		$	112		$	—		$	19		$	153