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Allowance For Loan Losses (Tables)

12 Months Ended

Dec. 31, 2023

Receivables [Abstract]

Schedule Of Allowance For Loan Loss By Portfolio Segment

The following table summarizes the activity in the allowance for credit losses, by portfolio loan classification, for the years ended December 31, 2023, 2022 and 2021 (in thousands).  The allocation of a portion of the allowance in one portfolio segment does not preclude its availability to absorb losses in other portfolio segments.

			Beginning Balance			Impact of Adopting ASU 2022-02			PCD Loan Reserves			Charge-offs			Recoveries			Provision for (recovery of) credit losses			Ending Balance
December 31, 2023
Commercial and industrial			$	3,568		12			—			$	(153)		$	836		$	211		$	4,474
1-4 Family			566			(1)			—			(340)			50			1,127			1,402
Hotels			2,332			—			—			(40)			—			(81)			2,211
Multi-family			380			—			500			—			—			122			1,002
Non Residential Non-Owner Occupied			2,019			—			1,536			—			171			351			4,077
Non Residential Owner Occupied			1,315			—			775			—			56			307			2,453
Commercial real estate			6,612			(1)			2,811			(380)			277			1,826			11,145
Residential real estate			5,427			(138)			—			(209)			47			271			5,398
Home equity			290			(46)			—			(400)			47			599			490
Consumer			110			(2)			—			(187)			123			225			269
DDA overdrafts			1,101			—			—			(1,645)			1,402			111			969
			$	17,108		$	(175)		$	2,811		$	(2,974)		$	2,732		$	3,243		$	22,745
December 31, 2022
Commercial and industrial			$	3,480		$	—		$	—		$	(562)		$	334		$	316		$	3,568
1-4 Family			598			—			—			(55)			160			(137)			566
Hotels			2,426			—			—			—			—			(94)			2,332
Multi-family			483			—			—			—			—			(103)			380
Non Residential Non-Owner Occupied			2,319			—			—			—			47			(347)			2,019
Non Residential Owner Occupied			1,485			—			—			—			—			(170)			1,315
Commercial real estate			7,311			—			—			(55)			207			(851)			6,612
Residential real estate			5,716			—			—			(265)			99			(123)			5,427
Home equity			517			—			—			(279)			56			(4)			290
Consumer			106			—			—			(63)			107			(40)			110
DDA Overdrafts			1,036			—			—			(2,624)			1,513			1,176			1,101
			$	18,166		$	—		$	—		$	(3,848)		$	2,316		$	474		$	17,108

			Beginning Balance			Impact of Adopting ASU 2022-02			PCD Loan Reserves			Charge-offs			Recoveries			Provision for (recovery of) credit losses			Ending Balance
December 31, 2021
Commercial and industrial			3,644			$	—		$	—		(245)			171			(90)			3,480
1-4 Family			771			—			—			(311)			125			13			598
Hotels			4,088			—			—			(2,075)			—			413			2,426
Multi-family			674			—			—			—			—			(191)			483
Non Residential Non-Owner Occupied			3,223			—			—			(1)			45			(948)			2,319
Non Residential Owner Occupied			2,241			—			—			—			54			(810)			1,485
Commercial real estate			10,997			—			—			(2,387)			224			(1,523)			7,311
Residential real estate			8,093			—			—			(265)			127			(2,239)			5,716
Home equity			630			—			—			(177)			90			(26)			517
Consumer			163			—			—			(242)			255			(70)			106
DDA Overdrafts			1,022			—			—			(2,151)			1,382			783			1,036
			$	24,549		$	—		$	—		$	(5,467)		$	2,249		$	(3,165)		$	18,166

Financing Receivable, Nonaccrual

The following table presents the amortized cost basis of loans on non-accrual status and loans past due over 90 days still accruing as of December 31, 2023 (in thousands):

			Non-accrual With No			Non-accrual With			Loans Past Due
			Allowance for			Allowance for			Over 90 Days
			Credit Losses			Credit Losses			Still Accruing
Commercial & Industrial			$	1,000		$	1,211		$	—
1-4 Family			—			521			—
Hotels			—			—			—
Multi-family			—			—			—
Non Residential Non-Owner Occupied			—			446			—
Non Residential Owner Occupied			—			1,420			—
Commercial Real Estate			—			2,387			—
Residential Real Estate			—			2,849			214
Home Equity			—			111			56
Consumer			—			—			—
Total			$	1,000		$	6,558		$	270

The following table presents the amortized cost basis of loans on non-accrual status and loans past due over 90 days still accruing as of December 31, 2022 (in thousands):

			Non-accrual With No			Non-accrual With			Loans Past Due
			Allowance for			Allowance for			Over 90 Days
			Credit Losses			Credit Losses			Still Accruing
Commercial & Industrial			$	—		$	1,015		$	—
1-4 Family			—			937			—
Hotels			—			115			—
Multi-family			—			—			—
Non Residential Non-Owner Occupied			—			816			—
Non Residential Owner Occupied			—			298			—
Commercial Real Estate			—			2,166			—
Residential Real Estate			228			1,741			164
Home Equity			—			55			—
Consumer			—			—			23
Total			$	228		$	4,977		$	187

Schedule Of Aging Analysis Of Accruing And Non-Accruing Loans

The following presents the aging of the amortized cost basis in past-due loans as of December 31, 2023 and 2022 by class of loan (in thousands):

			December 31, 2023
			30-59 Past Due			60-89 Past Due			90+ Past Due			Total Past Due			Current Loans			Non-accrual			Total Loans
Commercial and industrial			$	185		$	250		$	—		$	435		$	424,305		$	2,211		$	426,951
1-4 Family			67			25			—			92			205,624			521			206,237
Hotels			—			—			—			—			357,142			—			357,142
Multi-family			—			—			—			—			189,165			—			189,165
Non Residential Non-Owner     Occupied			—			—			—			—			680,144			446			680,590
Non Residential Owner Occupied			623			—			—			623			238,285			1,420			240,328
Commercial real estate			690			25			—			715			1,670,360			2,387			1,673,462
Residential real estate			7,034			811			214			8,059			1,777,241			2,849			1,788,149
Home equity			1,020			159			56			1,235			165,855			111			167,201
Consumer			129			—			—			129			65,117			—			65,246
Overdrafts			355			9			—			364			4,550			—			4,914
Total			$	9,413		$	1,254		$	270		$	10,937		$	4,107,428		$	7,558		$	4,125,923
			December 31, 2022
			30-59 Past Due			60-89 Past Due			90+ Past Due			Total Past Due			Current Loans			Non-accrual			Total Loans
Commercial and industrial			$	201		$	33		$	—		$	234		$	372,641		$	1,015		$	373,890
1-4 Family			17			—			—			17			115,238			937			116,192
Hotels			—			—			—			—			340,289			115			340,404
Multi-family			—			—			—			—			174,786			—			174,786
Non Residential Non-Owner     Occupied			—			—			—			—			585,148			816			585,964
Non Residential Owner Occupied			505			188			—			693			173,970			298			174,961
Commercial real estate			522			188			—			710			1,389,431			2,166			1,392,307
Residential real estate			6,843			84			164			7,091			1,684,463			1,969			1,693,523
Home equity			622			28			—			650			133,612			55			134,317
Consumer			52			25			23			100			48,706			—			48,806
Overdrafts			386			5			—			391			3,024			—			3,415
Total			$	8,626		$	363		$	187		$	9,176		$	3,631,877		$	5,205		$	3,646,258

Schedule Of Credit Quality Indicators

Based on the most recent analysis performed, the risk category of loans by class of loans at December 31, 2023 is as follows (in thousands ) with the loans acquired from Citizens categorized by their origination date. Retail and mortgage loans are considered performing if they are less than 90 days delinquent and non-performing if they are 90 days or more delinquent.

																					Revolving
			Term Loans																		Loans
			Amortized Cost Basis by Origination Year and Risk Level																		Amortized
			2023			2022			2021			2020			2019			Prior			Cost Basis			Total
Commercial and industrial
Pass			$	70,494		$	47,473		$	76,605		$	47,688		$	21,820		$	18,328		$	111,546		$	393,954
Special mention			—			33			—			2,600			22			—			70			2,725
Substandard			379			2,748			854			775			923			1,538			23,055			30,272
Total			$	70,873		$	50,254		$	77,459		$	51,063		$	22,765		$	19,866		$	134,671		$	426,951

YTD Gross Charge-offs			$	84		$	—		$	33		$	—		$	—		$	—		$	36		$	153
Commercial real estate -
1-4 Family
Pass			$	38,143		$	53,907		$	32,058		$	21,363		$	12,073		$	29,846		$	13,967		$	201,357
Special mention			565			451			—			1,167			—			730			250			3,163
Substandard			—			77			—			250			131			1,259			—			1,717
Total			$	38,708		$	54,435		$	32,058		$	22,780		$	12,204		$	31,835		$	14,217		$	206,237

YTD Gross Charge-offs			$	—		$	—		$	5		$	—		$	—		$	335		$	—		$	340
Commercial real estate -
Hotels
Pass			$	47,739		$	82,200		$	33,560		$	3,327		$	58,384		$	101,740		$	305		$	327,255
Special mention			—			—			—			—			—			—			—			—
Substandard			—			—			—			4,020			23,604			2,263			—			29,887
Total			$	47,739		$	82,200		$	33,560		$	7,347		$	81,988		$	104,003		$	305		$	357,142

YTD Gross Charge-offs			$	—		$	—		$	—		$	—		$	—		$	40		$	—		$	40
Commercial real estate -
Multi-family
Pass			$	6,925		$	21,320		$	28,268		$	63,750		$	38,007		$	29,814		$	1,081		$	189,165
Special mention			—			—			—			—			—			—			—			—
Substandard			—			—			—			—			—			—			—			—
Total			$	6,925		$	21,320		$	28,268		$	63,750		$	38,007		$	29,814		$	1,081		$	189,165
YTD Gross Charge-offs			$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—

																					Revolving
			Term Loans																		Loans
			Amortized Cost Basis by Origination Year and Risk Level																		Amortized
			2023			2022			2021			2020			2019			Prior			Cost Basis			Total
Commercial real estate -
Non Residential Non-Owner Occupied
Pass			$	117,515		$	119,382		$	99,210		$	59,083		$	64,332		$	156,941		$	32,111		$	648,574
Special mention			—			—			102			731			165			24,747			—			25,745
Substandard			—			—			145			2,395			79			3,652			—			6,271
Total			$	117,515		$	119,382		$	99,457		$	62,209		$	64,576		$	185,340		$	32,111		$	680,590

YTD Gross Charge-offs			$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
Commercial real estate -
Non Residential Owner Occupied
Pass			$	41,481		$	34,320		$	42,203		$	16,990		$	21,772		$	52,363		$	6,060		$	215,189
Special mention			—			—			164			—			2,880			431			188			3,663
Substandard			3,957			909			2,010			1,212			1,335			11,792			261			21,476
Total			$	45,438		$	35,229		$	44,377		$	18,202		$	25,987		$	64,586		$	6,509		$	240,328

YTD Gross Charge-offs			$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
Commercial real estate -
Total
Pass			$	251,802		$	311,129		$	235,298		$	164,514		$	194,569		$	370,704		$	53,522		$	1,581,538
Special mention			565			451			266			1,898			3,045			25,909			438			32,572
Substandard			3,957			986			2,155			7,877			25,148			18,968			261			59,352
Total			$	256,324		$	312,566		$	237,719		$	174,289		$	222,762		$	415,581		$	54,221		$	1,673,462

YTD Gross Charge-offs			$	—		$	—		$	5		$	—		$	—		$	375		$	—		$	380
Residential real estate
Performing			$	234,802		$	392,865		$	314,617		$	250,030		$	109,736		$	410,925		$	72,324		$	1,785,299
Non-performing			161			119			183			26			713			1,349			299			2,850
Total			$	234,963		$	392,984		$	314,800		$	250,056		$	110,449		$	412,274		$	72,623		$	1,788,149

YTD Gross Charge-offs			$	—		$	—		$	—		$	—		$	31		$	172		$	6		$	209
Home equity
Performing			$	29,611		$	13,921		$	6,218		$	3,826		$	2,510		$	5,108		$	105,896		$	167,090
Non-performing			—			—			—			14			—			—			97			111
Total			$	29,611		$	13,921		$	6,218		$	3,840		$	2,510		$	5,108		$	105,993		$	167,201
YTD Gross Charge-offs			$	—		$	95		$	—		$	—		$	—		$	122		$	183		$	400

Consumer
Performing			$	33,700		$	18,293		$	4,531		$	3,148		$	2,120		$	1,645		$	1,809		$	65,246
Non-performing			—			—			—			—			—			—			—			—
Total			$	33,700		$	18,293		$	4,531		$	3,148		$	2,120		$	1,645		$	1,809		$	65,246
YTD Gross Charge-offs			$	—		$	—		$	77		$	—		$	6		$	98		$	6		$	187

Based on the most recent analysis performed, the risk category of loans by class of loans at December 31, 2022 is as follows (in thousands):

																					Revolving
			Term Loans																		Loans
			Amortized Cost Basis by Origination Year and Risk Level																		Amortized
			2022			2021			2020			2019			2018			Prior			Cost Basis			Total
Commercial and industrial
Pass			$	51,268		$	91,097		$	60,251		$	26,356		$	19,497		$	6,917		$	109,645		$	365,031
Special mention			—			—			392			9			—			19			3,245			3,665
Substandard			955			203			1,025			1,175			224			1,533			79			5,194
Total			$	52,223		$	91,300		$	61,668		$	27,540		$	19,721		$	8,469		$	112,969		$	373,890

Commercial real estate -
1-4 Family
Pass			$	31,331		$	21,640		$	12,565		$	8,609		$	4,826		$	22,949		$	11,107		$	113,027
Special mention			228			—			115			—			—			836			—			1,179
Substandard			83			—			264			56			—			1,583			—			1,986
Total			$	31,642		$	21,640		$	12,944		$	8,665		$	4,826		$	25,368		$	11,107		$	116,192

Commercial real estate -
Hotels
Pass			$	85,590		$	35,849		$	12,275		$	60,429		$	14,921		$	90,686		$	323		$	300,073
Special mention			—			—			—			—			—			—			—			$	—
Substandard			—			—			3,593			24,229			—			12,509			—			40,331
Total			$	85,590		$	35,849		$	15,868		$	84,658		$	14,921		$	103,195		$	323		$	340,404

Commercial real estate -
Multi-family
Pass			$	13,761		$	21,312		$	65,542		$	37,698		$	2,189		$	33,560		$	724		$	174,786
Special mention			—			—			—			—			—			—			—			—
Substandard			—			—			—			—			—			—			—			—
Total			$	13,761		$	21,312		$	65,542		$	37,698		$	2,189		$	33,560		$	724		$	174,786

																					Revolving
			Term Loans																		Loans
			Amortized Cost Basis by Origination Year and Risk Level																		Amortized
			2022			2021			2020			2019			2018			Prior			Cost Basis			Total
Commercial real estate -
Non Residential Non-Owner Occupied
Pass			$	110,501		$	108,290		$	89,943		$	68,027		$	87,413		$	113,287		$	2,781		$	580,242
Special mention			—			110			170			176			—			—			—			456
Substandard			—			601			—			1,330			2,089			1,244			2			5,266
Total			$	110,501		$	109,001		$	90,113		$	69,533		$	89,502		$	114,531		$	2,783		$	585,964

Commercial real estate -
Non Residential Owner Occupied
Pass			$	21,782		$	36,186		$	17,216		$	22,274		$	17,622		$	39,861		$	3,238		$	158,179
Special mention			—			—			—			329			—			493			113			935
Substandard			943			193			110			2,479			772			10,350			1,000			15,847
Total			$	22,725		$	36,379		$	17,326		$	25,082		$	18,394		$	50,704		$	4,351		$	174,961

Commercial real estate -
Total
Pass			$	262,965		$	223,277		$	197,541		$	197,037		$	126,971		$	300,343		$	18,173		$	1,326,307
Special mention			228			110			285			505			—			1,329			113			2,570
Substandard			1,026			794			3,967			28,094			2,861			25,686			1,002			63,430
Total			$	264,219		$	224,181		$	201,793		$	225,636		$	129,832		$	327,358		$	19,288		$	1,392,307

Residential real estate
Performing			$	405,059		$	336,462		$	270,197		$	122,559		$	86,317		$	382,652		$	88,308		$	1,691,554
Non-performing			—			207			—			755			79			738			190			1,969
Total			$	405,059		$	336,669		$	270,197		$	123,314		$	86,396		$	383,390		$	88,498		$	1,693,523

Home equity
Performing			$	16,670		$	7,394		$	5,000		$	3,035		$	1,823		$	5,116		$	95,224		$	134,262
Non-performing			—			—			—			—			—			—			55			55
Total			$	16,670		$	7,394		$	5,000		$	3,035		$	1,823		$	5,116		$	95,279		$	134,317
Consumer
Performing			$	25,296		$	7,954		$	5,482		$	4,299		$	2,246		$	2,064		$	1,465		$	48,806
Non-performing			—			—			—			—			—			—			—			—
Total			$	25,296		$	7,954		$	5,482		$	4,299		$	2,246		$	2,064		$	1,465		$	48,806

X

- Definition

Tabular disclosure of allowance for credit loss on financing receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479319/326-20-50-13

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481962/310-10-50-11B

+ Details

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Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
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Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 29
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481962/310-10-50-29

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- Definition

Tabular disclosure of aging analysis for financing receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479319/326-20-50-14

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 80
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479294/326-20-55-80

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481962/310-10-50-7

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
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-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7A
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-URI https://asc.fasb.org//1943274/2147481962/310-10-50-7A

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- References

No definition available.

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- Definition

Tabular disclosure of financing receivable on nonaccrual status.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 16
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479319/326-20-50-16

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
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