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Loans (Tables)
 6 Months Ended
Jun. 30, 2023
Receivables [Abstract]  
Schedule of Composition of Loan Portfolio The following table shows the composition of the Company's loan portfolio by class of financing receivable as of June 30, 2023 and 2022 and at December 31, 2022:
June 30, 2023December 31, 2022June 30, 2022
Commercial
   Real estate owner occupied$301,320,000 14.6 %$256,623,000 13.4 %$242,161,000 13.5 %
   Real estate non-owner occupied396,388,000 19.2 %363,660,000 19.0 %306,471,000 17.2 %
   Construction64,094,000 3.1 %93,907,000 4.9 %128,927,000 7.2 %
   C&I351,854,000 17.1 %319,359,000 16.7 %275,714,000 15.4 %
   Multifamily93,124,000 4.5 %79,057,000 4.1 %68,856,000 3.9 %
Municipal58,252,000 2.8 %40,619,000 2.1 %46,835,000 2.6 %
Residential
   Term645,127,000 31.4 %597,404,000 31.2 %571,111,000 31.9 %
   Construction30,812,000 1.5 %49,907,000 2.6 %44,011,000 2.5 %
Home Equity
   Revolving and term99,666,000 4.8 %93,075,000 4.9 %82,913,000 4.6 %
Consumer20,316,000 1.0 %21,063,000 1.1 %21,356,000 1.2 %
Total$2,060,953,000 100.0 %$1,914,674,000 100.0 %$1,788,355,000 100.0 %
Schedule of Past Due Loans Aging For all loan classes, loans over 30 days past due are considered delinquent. Information on the past-due status of loans by class of financing receivable as of June 30, 2023, is presented in the following table:
30-59 Days
Past Due		60-89 Days
Past Due		90+ Days
Past Due		All
Past Due		CurrentTotal90+ Days
& Accruing
Commercial
    Real estate owner occupied$37,000 $— $— $37,000 $301,283,000 $301,320,000 $— 
    Real estate non-owner occupied — — — — 396,388,000 396,388,000 — 
    Construction — — 8,000 8,000 64,086,000 64,094,000 — 
    C&I346,000 43,000 147,000 536,000 351,318,000 351,854,000 — 
    Multifamily— — — — 93,124,000 93,124,000 — 
 Municipal — — — — 58,252,000 58,252,000 — 
 Residential
   Term 58,000 1,205,000 376,000 1,639,000 643,488,000 645,127,000 298,000 
   Construction — — — — 30,812,000 30,812,000 — 
Home equity
    Revolving and term 177,000 — 193,000 370,000 99,296,000 99,666,000 7,000 
Consumer 202,000 36,000 14,000 252,000 20,064,000 20,316,000 13,000 
Total$820,000 $1,284,000 $738,000 $2,842,000 $2,058,111,000 $2,060,953,000 $318,000 
Information on the past-due status of loans by class of financing receivable as of December 31, 2022, is presented in the following table:
30-59 Days
Past Due		60-89 Days
Past Due		90+ Days
Past Due		All
Past Due		CurrentTotal90+ Days
& Accruing
Commercial
   Real estate$— $3,000 $190,000 $193,000 $699,147,000 $699,340,000 $— 
   Construction— — — — 93,907,000 93,907,000 — 
   Other118,000 23,000 85,000 226,000 319,133,000 319,359,000 34,000 
Municipal— — — — 40,619,000 40,619,000 — 
Residential
   Term135,000 33,000 284,000 452,000 596,952,000 597,404,000 118,000 
   Construction— — — — 49,907,000 49,907,000 — 
Home equity line of credit241,000 29,000 151,000 421,000 92,654,000 93,075,000 86,000 
Consumer131,000 33,000 3,000 167,000 20,896,000 21,063,000 3,000 
Total$625,000 $121,000 $713,000 $1,459,000 $1,913,215,000 $1,914,674,000 $241,000 
Information on the past-due status of loans by class of financing receivable as of June 30, 2022, is presented in the following table:
30-59 Days
Past Due		60-89 Days
Past Due		90+ Days
Past Due		All
Past Due		CurrentTotal90+ Days
& Accruing
Commercial
   Real estate$— $6,000 $191,000 $197,000 $617,291,000 $617,488,000 $— 
   Construction— — — — 128,927,000 128,927,000 — 
   Other448,000 76,000 83,000 607,000 275,107,000 275,714,000 — 
Municipal— — — — 46,835,000 46,835,000 — 
Residential
   Term343,000 497,000 1,195,000 2,035,000 569,076,000 571,111,000 72,000 
   Construction— — — — 44,011,000 44,011,000 — 
Home equity line of credit186,000 — — 186,000 82,727,000 82,913,000 — 
Consumer54,000 64,000 4,000 122,000 21,234,000 21,356,000 4,000 
Total$1,031,000 $643,000 $1,473,000 $3,147,000 $1,785,208,000 $1,788,355,000 $76,000 
Schedule of Nonaccrual Loans
The following table presents the amortized costs basis of loans on nonaccrual status as of June 30, 2023, December 31, 2022 and June 30, 2022:
June 30, 2023December 31, 2022June 30, 2022
Nonaccrual with Allowance for Credit LossNonaccrual with no Allowance for Credit LossTotal NonaccrualTotal NonaccrualTotal Nonaccrual
Commercial
   Real estate owner occupied$— $— $— $193,000 $197,000 
   Real estate non-owner occupied— — — — — 
   Construction— 30,000 30,000 23,000 25,000 
   C&I372,000 283,000 655,000 663,000 953,000 
   Multifamily— — — — — 
Municipal— — — — — 
Residential
   Term— 533,000 533,000 572,000 3,383,000 
   Construction— — — — — 
Home equity
   Revolving and term— 458,000 458,000 304,000 254,000 
Consumer— — — — — 
Total$372,000 $1,304,000 $1,676,000 $1,755,000 $4,812,000 
Schedule of Individually Analyzed Loans by Class of Financing Receivable
The following table presents the amortized cost basis of collateral-dependent loans as of June 30, 2023 by collateral type:
Collateral Type
Commercial Real EstateResidential Real EstateTotal
Commercial
   Real estate owner occupied$— $— $— 
   Real estate non-owner occupied725,000—725,000
   Construction———
   C&I———
Residential
   Term—385,000385,000
Home Equity
   Revolving and term———
Total$725,000 $385,000 $1,110,000 
A breakdown of individually analyzed loans by class of financing receivable as of and for the period ended June 30, 2023 is presented in the following table:
For the six months ended June 30, 2023For the quarter ended June 30, 2023
Recorded InvestmentUnpaid Principal BalanceRelated AllowanceAverage Recorded InvestmentRecognized Interest IncomeAverage Recorded InvestmentRecognized Interest Income
With No Related Allowance
Commercial
   Real estate owner occupied$— $— $— $214,000 $— $61,000 $— 
   Real estate non-owner occupied725,000 841,000 — 805,000 12,000 764,000 5,000 
   Construction— — — 235,000 — 8,000 — 
   C&I— — — 108,000 — 39,000 — 
   Multifamily— — — — — — — 
Municipal— — — — — — — 
Residential
   Term385,000 412,000 — 1,273,000 7,000 853,000 5,000 
   Construction— — — — — — — 
Home Equity
   Revolving and term— — — 357,000 — 179,000 — 
Consumer— — — — — — — 
$1,110,000 $1,253,000 $— $2,992,000 $19,000 $1,904,000 $10,000 
With an Allowance Recorded
Commercial
   Real estate owner occupied$— $— $— $— $— $— $— 
   Real estate non-owner occupied— — — — — — — 
   Construction— — — — — — — 
   C&I372,000 458,000 157,000 571,000 — 483,000 — 
   Multifamily— — — — — — — 
Municipal— — — — — — — 
Residential
   Term514,000 514,000 29,000 991,000 12,000 751,000 6,000 
   Construction— — — — — — — 
Home Equity
   Revolving and term— — — 14,000 — 7,000 — 
Consumer— — — — — — — 
$886,000 $972,000 $186,000 $1,576,000 $12,000 $1,241,000 $6,000 
Total
Commercial
   Real estate owner occupied$— $— $— $214,000 $— $61,000 $— 
   Real estate non-owner occupied725,000 841,000 — 805,000 12,000 764,000 5,000 
   Construction— — — 235,000 — 8,000 — 
   C&I372,000 458,000 157,000 679,000 — 522,000 — 
   Multifamily— — — — — — — 
Municipal— — — — — — — 
Residential
   Term899,000 926,000 29,000 2,264,000 19,000 1,604,000 11,000 
   Construction— — — — — — — 
Home Equity
   Revolving and term— — — 371,000 — 186,000 — 
Consumer— — — — — — — 
$1,996,000 $2,225,000 $186,000 $4,568,000 $31,000 $3,145,000 $16,000 
A breakdown of individually analyzed loans by class of financing receivable as of and for the year ended December 31, 2022 is presented in the following table:
Recorded InvestmentUnpaid Principal BalanceRelated AllowanceAverage Recorded InvestmentRecognized Interest Income
With No Related Allowance
Commercial
  Real estate$1,236,000 $1,532,000 $— $1,440,000 $50,000 
  Construction685,000 687,000 — 81,000 35,000 
  Other301,000 348,000 — 408,000 13,000 
Municipal— — — — — 
Residential
  Term1,833,000 2,035,000 — 4,507,000 56,000 
  Construction— — — — — 
Home equity line of credit304,000 340,000 — 295,000 — 
Consumer— — — 1,000 — 
$4,359,000 $4,942,000 $— $6,732,000 $154,000 
With an Allowance Recorded
Commercial
  Real estate$— $— $— $11,000 $— 
  Construction— — — 606,000 — 
  Other545,000 647,000 298,000 693,000 — 
Municipal— — — — — 
Residential
  Term1,256,000 1,259,000 100,000 1,486,000 50,000 
  Construction— — — — — 
Home equity line of credit— — — 8,000 — 
Consumer— — — — — 
$1,801,000 $1,906,000 $398,000 $2,804,000 $50,000 
Total
Commercial
  Real estate$1,236,000 $1,532,000 — $1,451,000 $50,000 
  Construction685,000 687,000 — 687,000 35,000 
  Other846,000 995,000 298,000 1,101,000 13,000 
Municipal— — — — — 
Residential
  Term3,089,000 3,294,000 100,000 5,993,000 106,000 
  Construction— — — — — 
Home equity line of credit304,000 340,000 — 303,000 — 
Consumer— — — 1,000 — 
$6,160,000 $6,848,000 $398,000 $9,536,000 $204,000 
A breakdown of individually analyzed loans by class of financing receivable as of and for the period ended June 30, 2022 is presented in the following table:
For the six months ended June 30, 2022For the quarter ended June 30, 2022
Recorded InvestmentUnpaid Principal BalanceRelated AllowanceAverage Recorded InvestmentRecognized Interest IncomeAverage Recorded InvestmentRecognized Interest Income
With No Related Allowance
Commercial
  Real estate$1,352,000 $1,661,000 $— $1,588,000 $28,000 $1,600,000 $15,000 
  Construction25,000 27,000 — 26,000 — 26,000 — 
  Other416,000 471,000 — 446,000 8,000 435,000 4,000 
Municipal— — — — — — — 
Residential
  Term6,053,000 7,189,000 — 5,738,000 49,000 5,682,000 26,000 
  Construction— — — — — — — 
Home equity line of credit254,000 283,000 — 323,000 — 324,000 — 
Consumer1,000 1,000 — 1,000 — — — 
$8,101,000 $9,632,000 $— $8,122,000 $85,000 $8,067,000 $45,000 
With an Allowance Recorded
Commercial
  Real estate$— $— $— $21,000 $— $— $— 
  Construction661,000 661,000 8,000 661,000 11,000 661,000 5,000 
  Other744,000 843,000 502,000 778,000 — 761,000 — 
Municipal— — — — — — — 
Residential
  Term1,449,000 1,483,000 103,000 1,650,000 25,000 1,566,000 13,000 
  Construction— — — — — — — 
Home equity line of credit— — — 17,000 — — — 
Consumer— — — — — — — 
$2,854,000 $2,987,000 $613,000 $3,127,000 $36,000 $2,988,000 $18,000 
Total
Commercial
  Real estate$1,352,000 $1,661,000 $— $1,609,000 $28,000 $1,600,000 $15,000 
  Construction686,000 688,000 8,000 687,000 11,000 687,000 5,000 
  Other1,160,000 1,314,000 502,000 1,224,000 8,000 1,196,000 4,000 
Municipal— — — — — — — 
Residential
  Term7,502,000 8,672,000 103,000 7,388,000 74,000 7,248,000 39,000 
  Construction— — — — — — — 
Home equity line of credit254,000 283,000 — 340,000 — 324,000 — 
Consumer1,000 1,000 — 1,000 — — — 
$10,955,000 $12,619,000 $613,000 $11,249,000 $121,000 $11,055,000 $63,000 
Schedule of Troubled Debt Restructurings on Financing Receivables
The following table represents loan modifications made to borrowers experiencing financial difficulty by modification type and class of financing receivable, during the three months ended June 30, 2023:

Term Extension
Amortized Cost Basis at June 30, 2023
% of Total Class of Financing Receivable
C&I$4,0000.001%
  Total$4,000

The following table describes the financial effect of the modifications made to borrowers experiencing financial difficulty for the three months ended June 30, 2023:

Term Extension
Financial Effect
C&I
Extended Term 90 days

The Company monitors the performance of the loans that are modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. The following table depicts the performance of loans that have been modified during the six months ended June 30, 2023:

Payment Status (Amortized Cost Basis)
Current30-59 Days
Past Due		60-89 Days
Past Due		90+ Days
Past Due
C&I$253,000$— $— $— 
Total$253,000$— $— $— 
The following table shows TDRs by class and the specific reserve as of December 31, 2022:
Number of LoansBalanceSpecific Reserves
Commercial
   Real estate5 $1,044,000 $— 
   Construction1 661,000 — 
   Other3 361,000 81,000 
Municipal— — — 
Residential
   Term20 2,678,000 100,000 
   Construction— — — 
Home equity line of credit— — — 
Consumer— — — 
29 $4,744,000 $181,000 
As of December 31, 2022, one of the loans classified as TDR with a total balance of $97,000 was more than 30 days past due and was not placed on TDR status in the previous 12 months. The following table shows past-due TDRs by class and the associated specific reserves included in the allowance for loan losses as of December 31, 2022:
Number of LoansBalanceSpecific Reserves
Commercial
   Real estate— $— $— 
   Construction— — — 
   Other1 97,000 — 
Municipal— — — 
Residential
   Term— — — 
   Construction— — — 
Home equity line of credit— — — 
Consumer— — — 
1 $97,000 $— 
For the year ended December 31, 2022, one loan was placed on TDR status. The following table shows this TDR by class and the associated specific reserves included in the allowance for loan losses as of December 31, 2022:
Number of LoansPre-Modification
Outstanding
Recorded Investment		Post-Modification Outstanding
Recorded
Investment		Specific Reserves
Commercial
   Real estate— $— $— $— 
   Construction— — — — 
   Other— — — — 
Municipal— — — — 
Residential
   Term1 38,000 38,000 — 
   Construction— — — — 
Home equity line of credit— — — — 
Consumer— — — — 
1 $38,000 $38,000 $—