SHAREHOLDERS' EQUITY AND EARNINGS PER COMMON SHARE (Tables)

12 Months Ended

Dec. 31, 2025

SHAREHOLDERS' EQUITY AND EARNINGS PER COMMON SHARE

Schedule of Actual and Required Capital Ratios

	December 31, 2025
					Minimum Required for					Minimum Required to
	Actual				Capital Adequacy purposes					be Well Capitalized
(in thousands, except ratios)	Amount		Ratio		Amount		Ratio		Amount		Ratio
Company (consolidated)
Total capital to risk-weighted assets	$	491,619	13.18	%	$	298,331	8.00	%	$	N/A	N/A	%
Common equity Tier 1 capital to risk-weighted assets		409,725	10.99			167,812	4.50			N/A	N/A
Tier 1 capital to risk-weighted assets		430,354	11.54			223,752	6.00			N/A	N/A
Tier 1 capital to average assets (leverage ratio)		430,354	9.45			182,147	4.00			N/A	N/A
Bank
Total capital to risk-weighted assets	$	486,568	13.08	%	$	297,675	8.00	%	$	372,093	10.00	%
Common equity Tier 1 capital to risk-weighted assets		450,294	12.10			167,443	4.50			241,861	6.50
Tier 1 capital to risk-weighted assets		450,294	12.10			223,257	6.00			297,676	8.00
Tier 1 capital to average assets (leverage ratio)		450,294	9.90			181,970	4.00			227,463	5.00

	December 31, 2024
					Minimum Required for					Minimum Required to
	Actual				Capital Adequacy purposes					be Well Capitalized
(in thousands, except ratios)	Amount		Ratio		Amount		Ratio		Amount		Ratio
Company (consolidated)
Total capital to risk-weighted assets	$	454,960	13.47	%	$	270,206	8.00	%	$	N/A	N/A	%
Common equity Tier 1 capital to risk-weighted assets		386,548	11.45			151,918	4.50			N/A	N/A
Tier 1 capital to risk-weighted assets		407,168	12.06			202,571	6.00			N/A	N/A
Tier 1 capital to average assets (leverage ratio)		407,168	10.30			158,123	4.00			N/A	N/A
Bank
Total capital to risk-weighted assets	$	452,823	13.44	%	$	269,538	8.00	%	$	336,922	10.00	%
Common equity Tier 1 capital to risk-weighted assets		421,031	12.50			151,571	4.50			218,936	6.50
Tier 1 capital to risk-weighted assets		421,031	12.50			202,095	6.00			269,460	8.00
Tier 1 capital to average assets (leverage ratio)		421,031	10.66			157,985	4.00			197,482	5.00

Schedule of Components of Accumulated Other Comprehensive Income

(in thousands)	December 31, 2025		December 31, 2024
Accumulated other comprehensive loss, before tax:
Net unrealized loss on AFS securities, net of reclassifications	$	(41,705)	$	(62,298)
Net unrealized loss on hedging derivatives		(3,785)		(3,368)
Net unrealized loss on post-retirement plans		(1,288)		(1,565)
Income taxes related to items of accumulated other comprehensive loss:
Net unrealized loss on AFS securities, net of reclassifications		10,107		14,557
Net unrealized loss on hedging derivatives		904		786
Net unrealized loss on post-retirement plans		358		352
Accumulated other comprehensive loss	$	(35,409)	$	(51,536)

Schedule of Components of Other Comprehensive Income

(in thousands)	Before Tax		Tax Effect		Net of Tax
Year Ended December 31, 2025
Net unrealized gain (loss) on AFS securities:
Net unrealized gain (loss) arising during the period	$	17,206	$	(3,615)	$	13,591
Less: reclassification adjustment for gains (losses) realized in net income		(3,387)		835		(2,552)
Net unrealized gain (loss) on AFS securities		20,593		(4,450)		16,143
Net unrealized gain (loss) on hedging derivatives:
Net unrealized gain (loss) arising during the period		(417)		118		(299)
Less: reclassification adjustment for gains (losses) realized in net income		—		—		—
Net unrealized gain (loss) on hedging derivatives		(417)		118		(299)
Net unrealized gain (loss) on post-retirement plans:
Net unrealized gain (loss) arising during the period		277		6		283
Less: reclassification adjustment for gains (losses) realized in net income		—		—		—
Net unrealized gain (loss) on post-retirement plans		277		6		283
Other comprehensive income (loss)	$	20,453	$	(4,326)	$	16,127
Year Ended December 31, 2024
Net unrealized gain (loss) on AFS securities:
Net unrealized gain (loss) arising during the period	$	103	$	(157)	$	(54)
Less: reclassification adjustment for gains (losses) realized in net income		50		(12)		38
Net unrealized gain (loss) on AFS securities		53		(145)		(92)
Net unrealized gain (loss) on hedging derivatives:
Net unrealized gain (loss) arising during the period		(2,046)		474		(1,572)
Less: reclassification adjustment for gains (losses) realized in net income		—		—		—
Net unrealized gain (loss) on hedging derivatives		(2,046)		474		(1,572)
Net unrealized gain (loss) on post-retirement plans:
Net unrealized gain (loss) arising during the period		(25)		15		(10)
Less: reclassification adjustment for gains (losses) realized in net income		—		—		—
Net unrealized gain (loss) on post-retirement plans		(25)		15		(10)
Other comprehensive income (loss)	$	(2,018)	$	344	$	(1,674)
Year Ended December 31, 2023
Net unrealized gain (loss) on AFS securities:
Net unrealized gain (loss) arising during the period	$	9,515	$	(1,892)	$	7,623
Less: reclassification adjustment for gains (losses) realized in net income		34		(8)		26
Net unrealized gain (loss) on AFS securities		9,481		(1,884)		7,597
Net unrealized gain (loss) on hedging derivatives:
Net unrealized gain (loss) arising during the period		1,011		(227)		784
Less: reclassification adjustment for gains (losses) realized in net income		—		—		—
Net unrealized gain (loss) on hedging derivatives		1,011		(227)		784
Net unrealized gain (loss) on post-retirement plans:
Net unrealized gain (loss) arising during the period		135		(38)		97
Less: reclassification adjustment for gains (losses) realized in net income		—		—		—
Net unrealized gain (loss) on post-retirement plans		135		(38)		97
Other comprehensive gain (loss)	$	10,627	$	(2,149)	$	8,478

Schedule of Changes in Components of Accumulated Other Comprehensive Income (Loss)

	Net unrealized		Net unrealized		Net unrealized
	gain (loss)		gain (loss)		loss
	on AFS		on hedging		on pension
(in thousands)	Securities		derivatives		plans		Total
Year Ended December 31, 2025
Balance at beginning of period	$	(47,741)	$	(2,582)	$	(1,213)	$	(51,536)
Other comprehensive gain (loss) before reclassifications		13,591		(299)		283		13,575
Less: amounts reclassified from accumulated other comprehensive income		(2,552)		—		—		(2,552)
Total other comprehensive income (loss)		16,143		(299)		283		16,127
Balance at end of period	$	(31,598)	$	(2,881)	$	(930)	$	(35,409)
Year Ended December 31, 2024
Balance at beginning of period	$	(47,649)	$	(1,010)	$	(1,203)	$	(49,862)
Other comprehensive gain (loss) before reclassifications		(54)		(1,572)		(10)		(1,636)
Less: amounts reclassified from accumulated other comprehensive income		38		—		—		38
Total other comprehensive income (loss)		(92)		(1,572)		(10)		(1,674)
Balance at end of period	$	(47,741)	$	(2,582)	$	(1,213)	$	(51,536)
Year Ended December 31, 2023
Balance at beginning of period	$	(55,246)	$	(1,794)	$	(1,300)	$	(58,340)
Other comprehensive gain (loss) before reclassifications		7,623		784		97		8,504
Less: amounts reclassified from accumulated other comprehensive income		26		—		—		26
Total other comprehensive gain (loss)		7,597		784		97		8,478
Balance at end of period	$	(47,649)	$	(1,010)	$	(1,203)	$	(49,862)

Reclassification out of Accumulated Other Comprehensive Income (Loss)

							Affected Line Item where
(in thousands)	2025		2024		2023		Net Income is Presented
Net realized (losses) gains on AFS securities:
Before tax	$	(3,387)	$	50	$	34	Non-interest income
Tax effect		835		(12)		(8)	Tax expense
Total reclassifications for the period	$	(2,552)	$	38	$	26

Schedule of Earnings Per Share

(in thousands, except per share and share data)	2025		2024		2023
Net income	$	36,919	$	43,544	$	44,852
Average number of basic common shares outstanding(1)		15,892,423		15,240,446		15,142,188
Plus: dilutive effect of stock options and awards outstanding		62,880		70,275		53,048
Average number of diluted common shares outstanding(2)		15,955,303		15,310,721		15,195,236
Earnings per share:
Basic	$	2.32	$	2.86	$	2.96
Diluted	$	2.31	$	2.84	$	2.95

(1) The Company issued 1,350,464 shares of common stock in consideration for the acquisition of Guaranty. Refer to Note 2 of the consolidated financial statements for further details.

(2) Average diluted shares outstanding are computed using the treasury stock method.