Loans and Allowance for Credit Losses on Loans

Schedule of changes in the allowance for loan losses by segment of loans based on method of impairment



			Allowance		Provision for
	Beginning		Established for		(Release of)						Ending
Allowance for credit losses	Balance		PCD Loans		Credit Losses ¹		Charge-offs		Recoveries		Balance
Three months ended September 30, 2025
Commercial	$	7,185	$	37	$	3,505	$	452	$	67	$	10,342
Leases		2,280		-		971		848		-		2,403
Commercial real estate – investor		16,922		1,954		2,086		-		15		20,977
Commercial real estate – owner occupied		7,748		-		682		-		2		8,432
Construction		2,879		-		(1,412)		-		46		1,513
Residential real estate – investor		565		-		200		-		2		767
Residential real estate – owner occupied		1,926		309		(337)		-		7		1,905
Multifamily		1,707		-		204		181		-		1,730
HELOC		1,770		128		1,750		-		19		3,667
Powersport		-		10,431		9,555		3,685		705		17,006
Other		8		4,681		2,411		880		75		6,295
Total	$	42,990	$	17,540	$	19,615	$	6,046	$	938	$	75,037

¹ Amount does not include the provision for unfunded commitment liability.



			Allowance		Provision for
	Beginning		Established for		(Release of)						Ending
Allowance for credit losses	Balance		PCD Loans		Credit Losses ¹		Charge-offs		Recoveries		Balance
Nine months ended September 30, 2025
Commercial	$	7,813	$	37	$	7,384	$	5,023	$	131	$	10,342
Leases		2,136		-		1,205		955		17		2,403
Commercial real estate – investor		14,528		1,954		4,452		-		43		20,977
Commercial real estate – owner occupied		10,036		-		(1,568)		47		11		8,432
Construction		3,581		-		(1,630)		834		396		1,513
Residential real estate – investor		553		-		208		-		6		767
Residential real estate – owner occupied		1,509		309		42		-		45		1,905
Multifamily		1,876		-		35		181		-		1,730
HELOC		1,578		128		1,920		-		41		3,667
Powersport		-		10,431		9,555		3,685		705		17,006
Other		9		4,681		2,521		1,082		166		6,295
Total	$	43,619	$	17,540	$	24,124	$	11,807	$	1,561	$	75,037

¹ Amount does not include the provision for unfunded commitment liability.



			Provision for
	Beginning		(Release of)						Ending
Allowance for credit losses	Balance		Credit Losses ¹		Charge-offs		Recoveries		Balance
Three months ended September 30, 2024
Commercial	$	6,728	$	2,950	$	33	$	40	$	9,685
Leases		1,978		40		68		25		1,975
Commercial real estate – investor		17,842		(1,154)		-		149		16,837
Commercial real estate – owner occupied		7,180		(64)		(14)		30		7,160
Construction		2,020		397		-		-		2,417
Residential real estate – investor		609		(63)		-		18		564
Residential real estate – owner occupied		1,618		111		-		11		1,740
Multifamily		2,804		(341)		-		-		2,463
HELOC		1,483		77		-		14		1,574
Other		7		45		78		33		7
Total	$	42,269	$	1,998	$	165	$	320	$	44,422

¹ Amount does not include the provision for unfunded commitment liability.



			Provision for
	Beginning		(Release of)							Ending
Allowance for credit losses	Balance		Credit Losses ¹		Charge-offs		Recoveries			Balance
Nine months ended September 30, 2024
Commercial	$	3,998	$	5,603	$	51	$	135	$	9,685
Leases		2,952		(893)		149		65		1,975
Commercial real estate – investor		17,105		4,076		4,596		252		16,837
Commercial real estate – owner occupied		12,280		(134)		5,154		168		7,160
Construction		1,038		1,379		-		-		2,417
Residential real estate – investor		669		(128)		-		23		564
Residential real estate – owner occupied		1,821		(109)		-		28		1,740
Multifamily		2,728		(265)		-		-		2,463
HELOC		1,656		(128)		-		46		1,574
Other		17		91		214		113		7
Total	$	44,264	$	9,492	$	10,164	$	830	$	44,422

¹ Amount does not include the provision for unfunded commitment liability.

Schedule of aged analysis of past due loans by class of loans


													90 days or
					90 Days or								Greater Past
	30-59 Days		60-89 Days		Greater Past		Total Past						Due and
September 30, 2025	Past Due		Past Due		Due		Due		Current		Total Loans		Accruing
Commercial	$	4,994		8		3,157		8,159		777,936	$	786,095	$	2,121
Leases		725		857		822		2,404		547,797		550,201		-
Commercial real estate – investor		55		76		-		131		1,257,197		1,257,328		-
Commercial real estate – owner occupied		2,760		838		19,441		23,039		657,373		680,412		9,284
Construction		-		176		344		520		175,867		176,387		-
Residential real estate – investor		-		-		207		207		69,155		69,362		-
Residential real estate – owner occupied		299		1,745		521		2,565		228,982		231,547		-
Multifamily		-		783		285		1,068		377,145		378,213		-
HELOC		878		399		434		1,711		233,174		234,885		101
Powersport		10,794		3,373		2,230		16,397		699,101		715,498		2,230
Other		417		165		123		705		184,381		185,086		123
Total	$	20,922	$	8,420	$	27,564	$	56,906	$	5,208,108	$	5,265,014	$	13,859


													90 days or
					90 Days or								Greater Past
	30-59 Days		60-89 Days		Greater Past		Total Past						Due and
December 31, 2024	Past Due		Past Due		Due		Due		Current		Total Loans		Accruing
Commercial	$	219	$	95	$	6,963	$	7,277	$	793,199	$	800,476	$	1,397
Leases		1,438		372		352		2,162		489,586		491,748		-
Commercial real estate – investor		2,021		402		-		2,423		1,076,406		1,078,829		-
Commercial real estate – owner occupied		1,123		2,479		43		3,645		679,638		683,283		-
Construction		-		-		5,799		5,799		195,917		201,716		-
Residential real estate – investor		763		-		439		1,202		48,396		49,598		-
Residential real estate – owner occupied		2,489		90		509		3,088		203,861		206,949		-
Multifamily		-		233		1,040		1,273		350,052		351,325		-
HELOC		109		74		202		385		103,003		103,388		39
Other		13		10		-		23		14,001		14,024		-
Total	$	8,175	$	3,755	$	15,347	$	27,277	$	3,954,059	$	3,981,336	$	1,436

Schedule of credit quality indicators by class of loans

Credit quality indicators by loan classification and contractual loan origination date at September 30, 2025, were as follows:


	2025		2024		2023		2022		2021		Prior		Revolving Loans		Revolving Loans Converted To Term Loans		Total
Commercial
Pass	$	199,317	$	194,975	$	109,119	$	32,601	$	10,015	$	9,669	$	177,637	$	127	$	733,460
Special Mention		-		-		-		115		-		-		1,840		-		1,955
Substandard		-		654		18,731		4,354		1,324		-		25,617		-		50,680
Total commercial		199,317		195,629		127,850		37,070		11,339		9,669		205,094		127		786,095

Leases
Pass		200,242		192,334	$	103,263		36,236		13,372		3,175		-		-		548,622
Special Mention		-		-		-		234		68		-		-		-		302
Substandard		-		-		319		958		-		-		-		-		1,277
Total leases		200,242		192,334		103,582		37,428		13,440		3,175		-		-		550,201

Commercial real estate – investor
Pass		244,791		252,083		139,568		275,192		205,147		118,154		6,914		-		1,241,849
Special Mention		91		8,547		-		1,703		54		2,231		-		-		12,626
Substandard		-		-		2,853		-		-		-		-		-		2,853
Total commercial real estate – investor		244,882		260,630		142,421		276,895		205,201		120,385		6,914		-		1,257,328

Commercial real estate – owner occupied
Pass		102,104		75,319		86,232		99,876		115,516		118,278		6,496		-		603,821
Special Mention		-		-		2,534		-		229		1,808		-		-		4,571
Substandard		61		-		19,308		8,034		13,785		30,832		-		-		72,020
Total commercial real estate – owner occupied		102,165		75,319		108,074		107,910		129,530		150,918		6,496		-		680,412

Construction
Pass		23,827		66,885		30,758		41,152		2,180		869		-		-		165,671
Special Mention		-		-		-		9,104		-		-		-		-		9,104
Substandard		-		-		1,268		-		-		344		-		-		1,612
Total construction		23,827		66,885		32,026		50,256		2,180		1,213		-		-		176,387


	2025		2024		2023		2022		2021		Prior		Revolving Loans		Revolving Loans Converted To Term Loans		Total
Residential real estate – investor
Pass		8,449		6,527		3,817		16,049		15,909		15,882		1,501		-		68,134
Special Mention		-		-		-		-		-		-		-		-		-
Substandard		-		-		-		-		479		749		-		-		1,228
Total residential real estate – investor		8,449		6,527		3,817		16,049		16,388		16,631		1,501		-		69,362

Residential real estate – owner occupied
Pass		34,279		13,157		27,570		36,273		30,875		86,558		996		-		229,708
Special Mention		-		-		-		-		-		-		-		-		-
Substandard		-		-		153		-		144		1,542		-		-		1,839
Total residential real estate – owner occupied		34,279		13,157		27,723		36,273		31,019		88,100		996		-		231,547

Multifamily
Pass		40,632		41,559		53,958		99,124		81,692		59,993		72		-		377,030
Special Mention		-		-		-		-		-		-		-		-		-
Substandard		-		-		121		898		-		164		-		-		1,183
Total multifamily		40,632		41,559		54,079		100,022		81,692		60,157		72		-		378,213

HELOC
Pass		3,213		2,383		1,930		1,771		303		4,643		218,915		-		233,158
Special Mention		-		-		-		-		-		-		189		-		189
Substandard		-		-		-		70		-		251		1,217		-		1,538
Total HELOC		3,213		2,383		1,930		1,841		303		4,894		220,321		-		234,885

Powersport
Pass		282,227		200,639		131,975		70,806		23,227		6,624		-		-		715,498
Special Mention		-		-		-		-		-		-		-		-		-
Substandard		-		-		-		-		-		-		-		-		-
Total Powersport		282,227		200,639		131,975		70,806		23,227		6,624		-		-		715,498

Other
Pass		45,803		34,391		20,731		68,727		2,077		8,795		4,532				185,056
Special Mention		-		-		-		-		-		-		-				-
Substandard		-		-		17		4		-		9		-				30
Total other		45,803		34,391		20,748		68,731		2,077		8,804		4,532		-		185,086

Total loans
Pass		1,184,884		1,080,252		708,921		777,807		500,313		432,640		417,063		127		5,102,007
Special Mention		91		8,547		2,534		11,156		351		4,039		2,029		-		28,747
Substandard		61		654		42,770		14,318		15,732		33,891		26,834		-		134,260
Total loans	$	1,185,036	$	1,089,453	$	754,225	$	803,281	$	516,396	$	470,570	$	445,926	$	127	$	5,265,014

Credit quality indicators by loan classification and loan origination date at December 31, 2024, were as follows:


	2024		2023		2022		2021		2020		Prior		Revolving Loans		Revolving Loans Converted To Term Loans		Total
Commercial
Pass	$	299,863	$	176,549	$	56,619	$	18,679	$	4,999	$	6,527	$	201,514	$	1,279	$	766,029
Special Mention		3,864		1,629		127		176		-		-		3,903		-		9,699
Substandard		-		14		4,169		77		-		-		19,102		-		23,362
Doubtful		-		-		-		1,386		-		-		-		-		1,386
Total commercial		303,727		178,192		60,915		20,318		4,999		6,527		224,519		1,279		800,476

Leases
Pass		239,664		151,372	$	66,379		24,546		6,145		2,298		-		-		490,404
Special Mention		-		-		821		-		-		-		-		-		821
Substandard		-		-		523		-		-		-		-		-		523
Total leases		239,664		151,372		67,723		24,546		6,145		2,298		-		-		491,748

Commercial real estate – investor
Pass		243,983		159,008		305,506		191,651		90,245		67,143		6,804		-		1,064,340
Special Mention		-		-		-		-		-		-		-		-		-
Substandard		335		1,645		-		-		-		12,509		-		-		14,489
Total commercial real estate – investor		244,318		160,653		305,506		191,651		90,245		79,652		6,804		-		1,078,829

Commercial real estate – owner occupied
Pass		91,012		114,255		133,488		121,652		77,919		82,820		14,284		-		635,430
Special Mention		-		1,162		7,908		7,500		3,033		631		-		-		20,234
Substandard		-		125		1,168		11,241		9,897		5,188		-		-		27,619
Total commercial real estate – owner occupied		91,012		115,542		142,564		140,393		90,849		88,639		14,284		-		683,283

Construction
Pass		44,699		27,928		83,222		17,747		82		1,081		468		-		175,227
Special Mention		-		-		6,794		-		-		344		-		-		7,138
Substandard		-		-		19,351		-		-		-		-		-		19,351
Total construction		44,699		27,928		109,367		17,747		82		1,425		468		-		201,716

Residential real estate – investor
Pass		5,595		3,833		13,366		8,060		5,693		9,813		1,548		-		47,908
Special Mention		-		-		-		-		-		-		-		-		-
Substandard		-		-		375		532		-		783		-		-		1,690
Total residential real estate – investor		5,595		3,833		13,741		8,592		5,693		10,596		1,548		-		49,598

Residential real estate – owner occupied
Pass		11,609		29,670		35,786		32,760		22,996		71,507		770		-		205,098
Special Mention		-		-		-		-		-		-		-		-		-
Substandard		-		-		-		151		-		1,700		-		-		1,851
Total residential real estate – owner occupied		11,609		29,670		35,786		32,911		22,996		73,207		770		-		206,949

Multifamily
Pass		39,133		68,781		68,032		100,049		29,060		44,735		370		-		350,160
Special Mention		-		-		-		-		-		-		-		-		-
Substandard		-		-		962		-		203		-		-		-		1,165
Total multifamily		39,133		68,781		68,994		100,049		29,263		44,735		370		-		351,325

HELOC
Pass		2,602		2,561		2,118		383		1,383		3,752		90,042		-		102,841
Special Mention		-		-		-		-		-		-		-		-		-
Substandard		-		-		-		-		39		214		294		-		547
Total HELOC		2,602		2,561		2,118		383		1,422		3,966		90,336		-		103,388

Other
Pass		6,521		1,559		1,438		639		92		7		3,758				14,014
Special Mention		-		-		-		-		-		-		-				-
Substandard		-		5		5		-		-		-		-				10
Total other		6,521		1,564		1,443		639		92		7		3,758		-		14,024

Total loans
Pass		984,681		735,516		765,954		516,166		238,614		289,683		319,558		1,279		3,851,451
Special Mention		3,864		2,791		15,650		7,676		3,033		975		3,903		-		37,892
Substandard		335		1,789		26,553		12,001		10,139		20,394		19,396		-		90,607
Doubtful		-		-		-		1,386		-		-		-		-		1,386
Total loans	$	988,880	$	740,096	$	808,157	$	537,229	$	251,786	$	311,052	$	342,857	$	1,279	$	3,981,336

Schedule of class of financing receivable


Three months ended September 30, 2025	Term Extension		Combination - Term Extension, Interest Rate Modification, Payment Modification, and Principal Reduction		Payment Modification ¹		Interest Rate Modification		Combination - Term Extension and Interest Rate Modification		Combination - Term Extension and Payment Modification ¹		Total Loans Modified		% of Total Loan Classification Modified to Total Loan Classification
Commercial	$	5,025	$	-	$	1,550	$	-	$	1,551	$	6,174	$	14,300	1.8	%
Commercial real estate – investor		1,645		-		-		-		-		34		1,679	0.1
Commercial real estate – owner occupied		6,273		-		-		-		-		1,122		7,395	1.1
Multifamily		-		-		-		-		-		-		-	-
HELOC		20		-		-		-		-		-		20	-
Powersport		-		51		-		8		-		-		59	-
Other		-		-		-		-		-		27		27	-
Total	$	12,963	$	51	$	1,550	$	8	$	1,551	$	7,357	$	23,480	0.4	%

¹ Payment modifications are either contractual delays in payment or a modificationof the payment amount.


Nine months ended September 30, 2025	Term Extension		Combination - Term Extension, Interest Rate Modification, Payment Modification, and Principal Reduction		Payment Modification ¹		Interest Rate Modification		Combination - Term Extension and Interest Rate Modification		Combination - Term Extension and Payment Modification ¹		Total Modifications		% of Total Loan Classification Modified to Total Loan Classification
Commercial	$	10,464	$	-	$	1,550	$	-	$	1,551	$	6,174	$	19,739	2.5	%
Commercial real estate – investor		1,645		-		-		-		12,251		34		13,930	1.1
Commercial real estate – owner occupied		19,124		-		-		-		-		3,197		22,321	3.3
Multifamily		-		-		-		-		-		-		-	-
HELOC		20		-		-		-		-		-		20	-
		-		51		-		8		-		-		59	-
Other		-		-		-		-		-		27		27	-
Total	$	31,253	$	51	$	1,550	$	8	$	13,802	$	9,432	$	56,096	1.1	%

¹ Payment modifications are either contractual delays in payment or a modificationof the payment amount.


Three months ended September 30, 2024	Term Extension		Combination - Term Extension, Interest Rate Modification, Payment Modification, and Principal Reduction		Payment Modification ¹		Combination - Term Extension and Interest Rate Modification		Combination - Term Extension and Payment Modification ¹		Total Loans Modified		% of Total Loan Classification Modified to Total Loan Classification
Commercial	$	-	$	3,794	$	-	$	-	$	-	$	3,794	0.5	%
Commercial real estate – investor		12,549		-		-		-		6,886		19,435	1.9
Commercial real estate – owner occupied		12,571		-		-		-		-		12,571	1.8
Multifamily		-		1,204		-		-		-		1,204	0.3
HELOC		-		-		-		-		-		-	-
Total	$	25,120	$	4,998	$	-	$	-	$	6,886	$	37,004	0.9	%

¹ Payment modifications are either contractual delays in payment or a modificationof the payment amount.


Nine months ended September 30, 2024	Term Extension		Combination - Term Extension, Interest Rate Modification, Payment Modification, and Principal Reduction		Payment Modification ¹		Combination - Term Extension and Interest Rate Modification		Combination - Term Extension and Payment Modification ¹		Total Loans Modified		% of Total Loan Classification Modified to Total Loan Classification
Commercial	$	247	$	3,794	$	-	$	-	$	-	$	4,041	0.5	%
Commercial real estate – investor		12,549		-		-		-		6,886		19,435	1.9
Commercial real estate – owner occupied		12,571		-		-		3,258		663		16,492	2.3
Multifamily		-		1,204		-		-		-		1,204	0.3
HELOC		-		-		-		-		-		-	-
Total	$	25,367	$	4,998	$	-	$	3,258	$	7,549	$	41,172	1.0	%

¹ Payment modifications are either contractual delays in payment or a modificationof the payment amount.


September 30, 2025	30-59 days past due		60-89 Days Past Due		90 Days or Greater Past Due		Total Past Due		Current		Total Modifications
Commercial	$	3,520	$	-	$	1,609	$	5,129	$	14,610	$	19,739
Commercial real estate – investor		-		-		-		-		13,930		13,930
Commercial real estate – owner occupied		2,136		-		19,063		21,199		1,122		22,321
Residential real estate – owner occupied		-		-		-		-		-		-
Multifamily		-		-		-		-		-		-
HELOC		-		-		-		-		20		20
Powersport		-		-		-		-		59		59
Other		-		-		-		-		27		27
Total	$	5,656	$	-	$	20,672	$	26,328	$	29,768	$	56,096


September 30, 2024	30-59 days past due		60-89 Days Past Due		90 Days or Greater Past Due		Total Past Due		Current		Total Modifications
Commercial	$	-	$	-	$	-	$	-	$	5,536	$	5,536
Commercial real estate – investor		-		-		-		-		19,435		19,435
Commercial real estate – owner occupied		-		12,505		-		12,505		3,987		16,492
Residential real estate – owner occupied		-		-		-		-		111		111
Multifamily		-		-		-		-		1,204		1,204
HELOC		-		-		-		-		87		87
Total	$	-	$	12,505	$	-	$	12,505	$	30,360	$	42,865


Three months ended September 30, 2025	Weighted-Average Term Extension (In Months)		Weighted-Average Interest Rate Change			Weighted-Average Delay of Payment (In Months)
Commercial		7.48		1.50	%		6.00
Commercial real estate – investor		8.94		-			-
Commercial real estate – owner occupied		12.94		-			-
HELOC		24.00		-			-
Powersport		14.62		(8.94)			-
Other		24.00		-			-
Total		9.48		1.12	%		6.00


Nine months ended September 30, 2025	Weighted-Average Term Extension (In Months)		Weighted-Average Interest Rate Change			Weighted-Average Delay of Payment (In Months)
Commercial		6.24		1.50	%		2.70
Commercial real estate – investor		8.99		(1.00)			-
Commercial real estate – owner occupied		8.36		-			-
HELOC		24.00		-			-
Powersport		14.62		(8.94)			-
Other		24.00		-			-
Total		7.83		(0.75)	%		2.70


Three months ended September 30, 2024	Weighted-Average Term Extension (In Months)		Weighted-Average Interest Rate Change			Weighted-Average Delay of Payment (In Months)
Commercial		7.00		0.50	%		-
Commercial real estate – investor		6.00		-			-
Commercial real estate – owner occupied		12.46		-			-
Multifamily		60.00		2.75			-
Total		10.05		1.04	%		-


Nine months ended September 30, 2024	Weighted-Average Term Extension (In Months)		Weighted-Average Interest Rate Change			Weighted-Average Delay of Payment (In Months)
Commercial		7.06		0.50	%		-
Commercial real estate – investor		6.00		-			-
Commercial real estate – owner occupied		12.71		0.15			-
Multifamily		60.00		2.75			-
Total		10.37		0.69	%		-