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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract]  
Schedule of Impact of Adoption of ASU 2016-13
The following table illustrates the impact of adoption of ASU 2016-13:
(in thousands)December 31, 2022Impact of AdoptionJanuary 1, 2023
Assets:
Allowance for credit losses on loans$15,588 $5,793 $21,381 
Deferred tax asset3,2671,4834,750
Liabilities:
Liability for unfunded commitments1,2721,272
Shareholders' Equity
Retained Earnings91,789 (5,581)86,208