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ALLOWANCE FOR CREDIT LOSSES AND RESERVE FOR OFF-BALANCE SHEET CREDIT EXPOSURES (Tables)

9 Months Ended

Sep. 30, 2024

ALLOWANCE FOR LOAN AND LEASE LOSSES

Schedule of activity in the allowance, by class

The following tables present by class, the activities in the ACL for loans during the periods presented:

(dollars in thousands)																		Real Estate
Three Months Ended September 30, 2024																		Commercial and Industrial						Construction						Residential Mortgage						Home Equity						Commercial Mortgage						Consumer												Total
Beginning balance																		$	7,071					$	3,798					$	15,389					$	3,829					$	17,337					$	14,801											$	62,225
Provision (credit) for credit losses on loans																		617						(1,230)						1,052						(1,360)						1,204						2,757												3,040
Subtotal																		7,688						2,568						16,441						2,469						18,541						17,558												65,265
Charge-offs																		(663)						—						(99)						—						—						(3,956)												(4,718)
Recoveries																		158						—						8						—						—						934												1,100
Net (charge-offs) recoveries																		(505)						—						(91)						—						—						(3,022)												(3,618)
Ending balance																		$	7,183					$	2,568					$	16,350					$	2,469					$	18,541					$	14,536											$	61,647

(dollars in thousands)																		Real Estate
Three Months Ended September 30, 2023																		Commercial and Industrial						Construction						Residential Mortgage						Home Equity						Commercial Mortgage						Consumer												Total
Beginning balance																		$	6,946					$	3,654					$	12,233					$	3,965					$	17,365					$	19,686											$	63,849
Provision (credit) for credit losses on loans																		(330)						953						1,727						(913)						1,738						1,351												4,526
Subtotal																		6,616						4,607						13,960						3,052						19,103						21,037												68,375
Charge-offs																		(402)						—						—						—						—						(4,710)												(5,112)
Recoveries																		261						1						10						—						—						982												1,254
Net (charge-offs) recoveries																		(141)						1						10						—						—						(3,728)												(3,858)
Ending balance																		$	6,475					$	4,608					$	13,970					$	3,052					$	19,103					$	17,309											$	64,517

(dollars in thousands)																		Real Estate
Nine Months Ended September 30, 2024																		Commercial and Industrial						Construction						Residential Mortgage						Home Equity						Commercial Mortgage						Consumer												Total
Beginning balance																		$	7,181					$	4,004					$	14,626					$	3,501					$	17,543					$	17,079											$	63,934
Provision (credit) for credit losses on loans																		1,488						(1,436)						2,082						(1,038)						998						7,515												9,609
Subtotal																		8,669						2,568						16,708						2,463						18,541						24,594												73,543
Charge-offs																		(1,864)						—						(383)						—						—						(13,139)												(15,386)
Recoveries																		378						—						25						6						—						3,081												3,490
Net (charge-offs) recoveries																		(1,486)						—						(358)						6						—						(10,058)												(11,896)
Ending balance																		$	7,183					$	2,568					$	16,350					$	2,469					$	18,541					$	14,536											$	61,647

(dollars in thousands)																		Real Estate
Nine Months Ended September 30, 2023																		Commercial and Industrial						Construction						Residential Mortgage						Home Equity						Commercial Mortgage						Consumer												Total
Beginning balance																		$	6,824					$	2,867					$	11,804					$	4,114					$	17,902					$	20,227											$	63,738
Provision (credit) for credit losses on loans																		558						1,740						2,096						(1,077)						1,201						5,758												10,276
Subtotal																		7,382						4,607						13,900						3,037						19,103						25,985												74,014
Charge-offs																		(1,543)						—						—						—						—						(11,269)												(12,812)
Recoveries																		636						1						70						15						—						2,593												3,315
Net (charge-offs) recoveries																		(907)						1						70						15						—						(8,676)												(9,497)
Ending balance																		$	6,475					$	4,608					$	13,970					$	3,052					$	19,103					$	17,309											$	64,517

Schedule of Credit Losses Related to Impaired Financing Receivables

The following table presents the activities in the reserve for off-balance sheet credit exposures, included in other liabilities, during the periods presented. The (credit) provision for off-balance sheet credit exposures is included in the provision for credit losses on the Company's income statement during the periods presented.

			Three Months Ended September 30,												Nine Months Ended September 30,
(dollars in thousands)			2024						2023						2024						2023
Beginning balance			$	3,312					$	3,664					$	3,706					$	3,243
(Credit) provision for off-balance sheet credit exposures			(207)						348						(601)						769
Ending balance			$	3,105					$	4,012					$	3,105					$	4,012

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- Definition

Tabular disclosure of the activity in the allowance for credit losses related to impaired financing receivables, including the balance in the allowance at the beginning and end of each period, additions charged to operations, direct write-downs charged against the allowance, and recoveries of amounts previously charged-off.

+ References

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- Definition

Tabular disclosure of allowance for credit loss of financing receivable, classified as current.

+ 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
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481962/310-10-50-11B

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