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Loans Receivable (Tables)
3 Months Ended
Mar. 31, 2024
Loans and Leases Receivable Disclosure [Abstract]  
Summary of Portfolio Segments and Classes of Loans

The portfolio segments and classes of loans are as follows:

 

(In Thousands)

 

March 31, 2024

 

 

December 31, 2023

 

Agriculture and farmland loans

 

$

67,359

 

 

$

65,861

 

Construction loans

 

 

194,391

 

 

 

178,483

 

Commercial & industrial loans

 

 

218,724

 

 

 

238,343

 

Commercial real estate loans

 

 

 

 

 

 

     Multifamily

 

 

190,146

 

 

 

180,788

 

     Owner occupied

 

 

489,467

 

 

 

501,732

 

     Non-owner occupied

 

 

589,731

 

 

 

580,972

 

Residential real estate loans

 

 

 

 

 

 

     First liens

 

 

403,300

 

 

 

402,433

 

     Second liens and lines of credit

 

 

71,060

 

 

 

70,747

 

Consumer and other loans

 

 

16,810

 

 

 

16,756

 

Municipal loans

 

 

4,473

 

 

 

5,244

 

 

 

2,245,461

 

 

 

2,241,359

 

Deferred costs

 

 

356

 

 

 

174

 

Allowance for credit losses

 

 

(23,842

)

 

 

(23,767

)

Total

 

$

2,221,975

 

 

$

2,217,766