LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)

3 Months Ended

Mar. 31, 2025

LOANS AND ALLOWANCE FOR CREDIT LOSSES

Schedule of loans outstanding

Summary of Loans by Type

(In Thousands)

	March 31,		December 31,
	2025		2024
Commercial real estate - non-owner occupied	$	733,704	$	739,565
Commercial real estate - owner occupied		260,248		261,071
All other commercial loans		436,179		423,277
Residential mortgage loans		402,248		408,009
Consumer loans		66,053		63,926
Total		1,898,432		1,895,848
Less: allowance for credit losses on loans		(20,172)		(20,035)
Loans, net	$	1,878,260	$	1,875,813

Schedule of the past due loans

(In Thousands)	As of March 31, 2025
	Past Due		Past Due
	30-89		90+ Days		Nonaccrual		Current		Total
	Days		Still Accruing		Loans		Loans		Loans
Commercial real estate - non-owner occupied	$	327	$	0	$	7,140	$	726,237	$	733,704
Commercial real estate - owner occupied		3,320		0		1,711		255,217		260,248
All other commercial loans		227		0		10,645		425,307		436,179
Residential mortgage loans		4,365		0		4,205		393,678		402,248
Consumer loans		213		24		405		65,411		66,053
Total	$	8,452	$	24	$	24,106	$	1,865,850	$	1,898,432

(In Thousands)	As of December 31, 2024
	Past Due		Past Due
	30-89		90+ Days		Nonaccrual		Current		Total
	Days		Still Accruing		Loans		Loans		Loans
Commercial real estate - non-owner occupied	$	266	$	0	$	7,370	$	731,929	$	739,565
Commercial real estate - owner occupied		0		62		1,725		259,284		261,071
All other commercial loans		296		0		10,006		412,975		423,277
Residential mortgage loans		4,934		0		4,310		398,765		408,009
Consumer loans		162		57		431		63,276		63,926
Total	$	5,658	$	119	$	23,842	$	1,866,229	$	1,895,848

Schedule of amortized cost in loans by credit quality indicators by year of origination

(In Thousands)	Term Loans by Year of Origination
	2025		2024		2023		2022		2021		Prior		Revolving		Total
Commercial real estate - non-owner occupied
Pass	$	13,398	$	59,550	$	101,706	$	153,717	$	78,043	$	283,941	$	0	$	690,355
Special Mention		0		0		0		16,155		1,347		7,896		0		25,398
Substandard		0		114		0		9,916		0		7,921		0		17,951
Doubtful		0		0		0		0		0		0		0		0
Total commercial real estate - non-owner occupied	$	13,398	$	59,664	$	101,706	$	179,788	$	79,390	$	299,758	$	0	$	733,704
Year-to-date gross charge-offs	$	0	$	0	$	0	$	0	$	0	$	0	$	0	$	0
Commercial real estate - owner occupied
Pass	$	6,420	$	25,077	$	37,455	$	51,486	$	48,563	$	80,579	$	0	$	249,580
Special Mention		0		265		283		115		0		3,708		0		4,371
Substandard		0		0		100		725		2,317		3,155		0		6,297
Doubtful		0		0		0		0		0		0		0		0
Total commercial real estate - owner occupied	$	6,420	$	25,342	$	37,838	$	52,326	$	50,880	$	87,442	$	0	$	260,248
Year-to-date gross charge-offs	$	0	$	0	$	0	$	0	$	0	$	0	$	0	$	0
All other commercial loans
Pass	$	18,905	$	68,270	$	73,255	$	42,871	$	43,186	$	50,640	$	123,239	$	420,366
Special Mention		241		280		39		0		1		366		2,236		3,163
Substandard		0		44		0		3,478		5,229		1,120		2,779		12,650
Doubtful		0		0		0		0		0		0		0		0
Total all other commercial loans	$	19,146	$	68,594	$	73,294	$	46,349	$	48,416	$	52,126	$	128,254	$	436,179
Year-to-date gross charge-offs	$	0	$	0	$	0	$	0	$	0	$	0	$	0	$	0
Residential mortgage loans
Pass	$	4,092	$	42,440	$	47,626	$	78,590	$	49,493	$	175,134	$	0	$	397,375
Special Mention		0		0		0		0		0		0		0		0
Substandard		0		0		379		0		97		4,397		0		4,873
Doubtful		0		0		0		0		0		0		0		0
Total residential mortgage loans	$	4,092	$	42,440	$	48,005	$	78,590	$	49,590	$	179,531	$	0	$	402,248
Year-to-date gross charge-offs	$	0	$	0	$	0	$	0	$	0	$	0	$	0	$	0
Consumer loans
Pass	$	846	$	3,347	$	2,942	$	2,506	$	837	$	1,120	$	53,897	$	65,495
Special Mention		0		0		0		0		0		0		0		0
Substandard		0		0		3		5		0		69		481		558
Doubtful		0		0		0		0		0		0		0		0
Total consumer loans	$	846	$	3,347	$	2,945	$	2,511	$	837	$	1,189	$	54,378	$	66,053
Year-to-date gross charge-offs	$	0	$	0	$	24	$	38	$	0	$	0	$	55	$	117
Total Loans
Pass	$	43,661	$	198,684	$	262,984	$	329,170	$	220,122	$	591,414	$	177,136	$	1,823,171
Special Mention		241		545		322		16,270		1,348		11,970		2,236		32,932
Substandard		0		158		482		14,124		7,643		16,662		3,260		42,329
Doubtful		0		0		0		0		0		0		0		0
Total	$	43,902	$	199,387	$	263,788	$	359,564	$	229,113	$	620,046	$	182,632	$	1,898,432
Year-to-date gross charge-offs	$	0	$	0	$	24	$	38	$	0	$	0		55	$	117

	Term Loans by Year of Origination
(In Thousands)	2024		2023		2022		2021		2020		Prior		Revolving		Total
Commercial real estate - non-owner occupied
Pass	$	59,708	$	99,900	$	161,497	$	78,884	$	51,851	$	243,578	$	0	$	695,418
Special Mention		0		0		16,233		1,371		0		8,188		0		25,792
Substandard		116		0		9,928		0		0		8,311		0		18,355
Doubtful		0		0		0		0		0		0		0		0
Total commercial real estate - non-owner occupied	$	59,824	$	99,900	$	187,658	$	80,255	$	51,851	$	260,077	$	0	$	739,565
Year-to-date gross charge-offs	$	0	$	0	$	0	$	0	$	0	$	757	$	0	$	757
Commercial real estate - owner occupied
Pass	$	25,552	$	33,533	$	52,207	$	49,410	$	11,444	$	76,558	$	0	$	248,704
Special Mention		0		0		0		0		0		961		0		961
Substandard		0		5,125		729		2,367		0		3,185		0		11,406
Doubtful		0		0		0		0		0		0		0		0
Total commercial real estate - owner occupied	$	25,552	$	38,658	$	52,936	$	51,777	$	11,444	$	80,704	$	0	$	261,071
Year-to-date gross charge-offs	$	0	$	0	$	0	$	0	$	0	$	0	$	0	$	0
All other commercial loans
Pass	$	73,812	$	74,301	$	44,245	$	44,367	$	23,084	$	30,656	$	109,121	$	399,586
Special Mention		533		0		2,306		2		0		0		2,147		4,988
Substandard		44		0		3,478		5,229		109		1,078		8,765		18,703
Doubtful		0		0		0		0		0		0		0		0
Total all other commercial loans	$	74,389	$	74,301	$	50,029	$	49,598	$	23,193	$	31,734	$	120,033	$	423,277
Year-to-date gross charge-offs	$	0	$	0	$	427	$	60	$	21	$	122	$	0	$	630
Residential mortgage loans
Pass	$	41,450	$	48,937	$	80,789	$	50,108	$	35,601	$	146,231	$	0	$	403,116
Special Mention		0		0		0		0		0		0		0		0
Substandard		0		380		0		85		82		4,346		0		4,893
Doubtful		0		0		0		0		0		0		0		0
Total residential mortgage loans	$	41,450	$	49,317	$	80,789	$	50,193	$	35,683	$	150,577	$	0	$	408,009
Year-to-date gross charge-offs	$	0	$	0	$	0	$	0	$	0	$	0	$	0	$	0
Consumer loans
Pass	$	3,859	$	3,441	$	2,848	$	1,013	$	599	$	679	$	50,860	$	63,299
Special Mention		0		0		0		0		0		0		0		0
Substandard		0		8		4		0		0		71		544		627
Doubtful		0		0		0		0		0		0		0		0
Total consumer loans	$	3,859	$	3,449	$	2,852	$	1,013	$	599	$	750	$	51,404	$	63,926
Year-to-date gross charge-offs	$	0	$	69	$	130	$	7	$	8	$	1	$	114	$	329
Total Loans
Pass	$	204,381	$	260,112	$	341,586	$	223,782	$	122,579	$	497,702	$	159,981	$	1,810,123
Special Mention		533		0		18,539		1,373		0		9,149		2,147		31,741
Substandard		160		5,513		14,139		7,681		191		16,991		9,309		53,984
Doubtful		0		0		0		0		0		0		0		0
Total	$	205,074	$	265,625	$	374,264	$	232,836	$	122,770	$	523,842	$	171,437	$	1,895,848
Year-to-date gross charge-offs	$	0	$	69	$	557	$	67	$	29	$	880		114	$	1,716

Schedule of nonaccrual loans by major categories for the periods

	March 31, 2025
	Nonaccrual Loans with		Nonaccrual Loans		Total Nonaccrual
(In Thousands)	No Allowance		with an Allowance		Loans
Commercial real estate - non-owner occupied	$	7,140	$	0	$	7,140
Commercial real estate - owner occupied		1,466		245		1,711
All other commercial loans		9,945		700		10,645
Residential mortgage loans		4,205		0		4,205
Consumer loans		405		0		405
Total	$	23,161	$	945	$	24,106

	December 31, 2024
	Nonaccrual Loans with		Nonaccrual Loans		Total Nonaccrual
(In Thousands)	No Allowance		with an Allowance		Loans
Commercial real estate - non-owner occupied	$	7,370	$	0	$	7,370
Commercial real estate - owner occupied		1,467		258		1,725
All other commercial loans		10,006		0		10,006
Residential mortgage loans		4,310		0		4,310
Consumer loans		431		0		431
Total	$	23,584	$	258	$	23,842

Schedule of accrued Interest receivables written off

	Three Months Ended		Three Months Ended
(In Thousands)	March 31, 2025		March 31, 2024
Commercial real estate - non-owner occupied	$	0	$	12
All other commercial loans		0		116
Residential mortgage loans		5		13
Consumer loans		0		2
Total	$	5	$	143

Schedule of amortized cost of collateral dependent loans

	March 31, 2025				December 31, 2024
	Amortized				Amortized
(In Thousands)	Cost		Allowance		Cost		Allowance
Commercial real estate - non-owner occupied	$	7,141	$	0	$	7,370	$	0
Commercial real estate - owner occupied		6,685		47		6,749		122
All other commercial loans		16,645		142		16,006		0
Consumer loans		328		0		0		0
Total	$	30,799	$	189	$	30,125	$	122

Schedule of activity related to the ACL on loans

	Commercial		Commercial		All
	real estate -		real estate -		other		Residential
	nonowner		owner		commercial		mortgage		Consumer
(In Thousands)	occupied		occupied		loans		loans		loans		Total
Balance, December 31, 2024	$	11,964	$	2,844	$	3,361	$	1,356	$	510	$	20,035
Charge-offs		0		0		0		0		(117)		(117)
Recoveries		0		0		1		1		24		26
Provision (credit) for credit losses on loans		96		(75)		232		(76)		51		228
Balance, March 31, 2025	$	12,060	$	2,769	$	3,594	$	1,281	$	468	$	20,172

	Commercial		Commercial		All
	real estate -		real estate -		other		Residential
	nonowner		owner		commercial		mortgage		Consumer
(In Thousands)	occupied		occupied		loans		loans		loans		Total
Balance, December 31, 2023	$	12,010	$	2,116	$	2,918	$	1,764	$	400	$	19,208
Charge-offs		0		0		(60)		0		(120)		(180)
Recoveries		0		0		20		3		12		35
Provision (credit) for credit losses on loans		523		602		702		(998)		131		960
Balance, March 31, 2024	$	12,533	$	2,718	$	3,580	$	769	$	423	$	20,023

Summary of performance of loans which were in non-accrual status that were modified in the past twelve months

(In Thousands)	Payment Status (Amortized Cost Basis)
March 31, 2025	Current or Past Due Less than 30 Days		90+ Days Past Due		Total
Commercial real estate - non-owner occupied	$	2,601	$	0	$	2,601
Commercial real estate - owner occupied		217		0		217
Total	$	2,818	$	0	$	2,818

(In Thousands)	Payment Status (Amortized Cost Basis)
March 31, 2024	Current or Past Due Less than 30 Days		90+ Days Past Due		Total
Commercial real estate - non-owner occupied	$	2,518	$	1,381	$	3,899

Schedule of carrying amount of foreclosed residential real estate properties

(In Thousands)	March 31,		December 31,
	2025		2024
Foreclosed residential real estate	$	43	$	25

Schedule of mortgage loans secured by residential real properties

(In Thousands)	March 31,		December 31,
	2025		2024
Residential real estate in process of foreclosure	$	588	$	717

Schedule of contract amounts of financial instruments with off-balance sheet risk

	March 31,		December 31,
(In Thousands)	2025		2024
Commitments to extend credit	$	379,125	$	380,003
Standby letters of credit		64,001		64,586

Schedule of balance and activity in the allowance for credit losses for off-balance sheet exposures

		Three Months Ended
(In Thousands)	March 31, 2025		March 31, 2024
Beginning Balance	$	455	$	690
Provision (credit) for unfunded commitments		8		(6)
Ending Balance, March 31	$	463	$	684