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Loans and Allowance for Credit Losses - Loans (Tables)
12 Months Ended
Dec. 31, 2025
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]  
Schedule of Financing Receivable Credit Quality Indicators
Loans, net of unearned income, are summarized as follows by portfolio segment:
(In thousands)December 31, 2025December 31, 2024
Commercial real estate
CRE Nonowner Occupied$1,364,040 $1,251,010 
CRE Owner Occupied718,864 624,007 
Multifamily419,267 412,900 
Farmland227,816 224,709 
Total Commercial real estate2,729,987 2,512,626 
Commercial and industrial
720,031 705,392 
Construction
Residential Construction85,299 99,399 
Other Construction310,390 326,171 
Total Construction395,689 425,570 
Residential mortgage
1-4 Family 1st Lien417,421 313,592 
1-4 Family Rental410,965 336,636 
HELOC and Junior Liens178,116 140,392 
Total Residential Mortgage1,006,502 790,620 
Consumer10,629 8,862 
Total loans$4,862,838 $4,443,070 
The following table presents risk ratings by loan portfolio segment and origination year, which is the year of origination or renewal:
December 31, 2025
Term Loans Amortized Cost Basis by Origination YearRevolving Loans Amortized
Cost Basis
(In thousands)20252024202320222021PriorTotal
CRE Nonowner Occupied
Pass$156,421 $98,728 $188,873 $358,610 $156,310 $375,646 $16,109 $1,350,697 
Special mention  1,698   90  1,788 
Substandard or lower  1,540   10,015  11,555 
Total CRE Nonowner Occupied156,421 98,728 192,111 358,610 156,310 385,751 16,109 1,364,040 
Gross charge-offs   (691) (394) (1,085)
Current period recoveries   301  4  305 
Net charge-offs   (390) (390) (780)
CRE Owner Occupied
Pass119,632 65,978 97,419 105,690 64,478 239,464 16,370 709,031 
Special mention  922 1,576 172 2,939  5,609 
Substandard or lower 181  1,888 177 1,978  4,224 
Total CRE Owner Occupied119,632 66,159 98,341 109,154 64,827 244,381 16,370 718,864 
Gross charge-offs (346)     (346)
Net charge-offs (346)     (346)
Multifamily
Pass37,788 4,816 62,305 156,236 68,254 86,424 3,271 419,094 
Special mention     42  42 
Substandard or lower     131  131 
Total Multifamily37,788 4,816 62,305 156,236 68,254 86,597 3,271 419,267 
Farmland
Pass29,858 23,228 24,273 51,055 36,651 44,326 15,255 224,646 
Special mention  428     428 
Substandard or lower  397  2,299 46  2,742 
Total Farmland29,858 23,228 25,098 51,055 38,950 44,372 15,255 227,816 
Commercial and industrial
Pass96,562 89,541 70,773 64,532 41,663 90,534 240,497 694,102 
Special mention   87  1,495  1,582 
Substandard or lower 115 15,663 500 1,249 1,299 5,521 24,347 
Total Commercial and industrial96,562 89,656 86,436 65,119 42,912 93,328 246,018 720,031 
Gross charge-offs     (294) (294)
Current period recoveries  1   8  9 
Net charge-offs  1   (286) (285)
Residential Construction
Pass29,399 27,382 17,469 351   10,698 85,299 
Total Residential Construction29,399 27,382 17,469 351   10,698 85,299 
Other Construction
Pass64,396 79,617 74,890 42,758 7,790 12,387 28,552 310,390 
Total Other Construction64,396 79,617 74,890 42,758 7,790 12,387 28,552 310,390 
1-4 Family 1st Lien
Performing57,120 28,810 59,920 49,052 38,466 179,375 1,489 414,232 
Nonperforming  100 48  3,041  3,189 
Total 1-4 Family 1st Lien57,120 28,810 60,020 49,100 38,466 182,416 1,489 417,421 
Current period recoveries     90  90 
Net recoveries     90  90 
1-4 Family Rental
Performing46,766 22,067 45,885 99,841 59,781 131,001 2,154 407,495 
Nonperforming  292  1,572 1,606  3,470 
Total 1-4 Family Rental46,766 22,067 46,177 99,841 61,353 132,607 2,154 410,965 
HELOC and Junior Liens
Performing8,403 5,050 17,397 8,447 4,815 14,180 115,728 174,020 
Nonperforming 1,151 93 152  1,699 1,001 4,096 
Total HELOC and Junior Liens8,403 6,201 17,490 8,599 4,815 15,879 116,729 178,116 
Consumer
Performing5,143 1,169 829 276 265 702 2,216 10,600 
Nonperforming  29     29 
Total Consumer5,143 1,169 858 276 265 702 2,216 10,629 
Gross charge-offs     (98) (98)
Current period recoveries     55  55 
Net charge-offs     (43) (43)
Total
Pass534,056 389,290 536,002 779,232 375,146 848,781 330,752 3,793,259 
Special mention  3,048 1,663 172 4,566  9,449 
Substandard or lower 296 17,600 2,388 3,725 13,469 5,521 42,999 
Performing117,432 57,096 124,031 157,616 103,327 325,258 121,587 1,006,347 
Nonperforming 1,151 514 200 1,572 6,346 1,001 10,784 
Total$651,488 $447,833 $681,195 $941,099 $483,942 $1,198,420 $458,861 $4,862,838 

December 31, 2024
Term Loans Amortized Cost Basis by Origination YearRevolving Loans Amortized
Cost Basis
(In thousands)20242023202220212020PriorTotal
CRE Nonowner Occupied
Pass$85,501 $176,018 $343,072 $152,157 $130,650 $325,478 $11,732 $1,224,608 
Special mention— — — — — 3,105 — 3,105 
Substandard or lower— 1,515 1,260 — 3,281 17,241 — 23,297 
Total CRE Nonowner Occupied85,501 177,533 344,332 152,157 133,931 345,824 11,732 1,251,010 
Current period recoveries— — — — — — 
Net recoveries— — — — — — 
CRE Owner Occupied
Pass52,922 99,065 106,876 66,160 77,774 199,725 11,630 614,152 
Special mention— 222 4,991 227 — 2,133 — 7,573 
Substandard or lower— — — 194 — 2,088 — 2,282 
Total CRE Owner Occupied52,922 99,287 111,867 66,581 77,774 203,946 11,630 624,007 
Current period recoveries— — — — — — 
Net recoveries— — — — — — 
Multifamily
Pass4,843 66,119 118,568 101,871 40,450 78,070 2,771 412,692 
Special mention— — — — — 54 — 54 
Substandard or lower— — — — — 154 — 154 
Total Multifamily4,843 66,119 118,568 101,871 40,450 78,278 2,771 412,900 
Farmland
Pass27,449 31,259 56,178 42,693 25,119 24,729 14,801 222,228 
Special mention— 128 — — — 2,163 190 2,481 
Total Farmland27,449 31,387 56,178 42,693 25,119 26,892 14,991 224,709 
Commercial and industrial
Pass114,175 106,657 78,702 54,312 21,532 92,723 222,525 690,626 
Special mention— 62 503 31 — 3,534 4,498 8,628 
Substandard or lower— — — 892 1,168 1,632 2,446 6,138 
Total Commercial and industrial114,175 106,719 79,205 55,235 22,700 97,889 229,469 705,392 
Gross charge-offs— (201)— — (206)(412)— (819)
Current period recoveries— — — — — — 
Net charge-offs— (201)— — (206)(411)— (818)
Residential construction
Pass34,275 37,222 15,559 — — 2,007 10,336 99,399 
Total Residential construction34,275 37,222 15,559 — — 2,007 10,336 99,399 
Other construction
Pass66,711 94,619 104,439 11,664 10,983 11,928 25,827 326,171 
Total Other construction66,711 94,619 104,439 11,664 10,983 11,928 25,827 326,171 
1-4 Family 1st Lien
Performing27,580 59,762 45,946 34,743 42,727 98,891 2,915 312,564 
Nonperforming— — — — 211 817 — 1,028 
Total 1-4 Family 1st Lien27,580 59,762 45,946 34,743 42,938 99,708 2,915 313,592 
Gross charge-offs— — — — — (7)— (7)
Current period recoveries— — — — — 16 — 16 
Net recoveries— — — — — — 
1-4 Family Rental
Performing28,735 51,488 88,594 59,397 35,222 69,890 2,009 335,335 
Nonperforming— 147 — — 595 559 — 1,301 
Total 1-4 Family Rental28,735 51,635 88,594 59,397 35,817 70,449 2,009 336,636 
Gross charge-offs— — — — — (2)— (2)
Current period recoveries— — — — — 22 — 22 
Net recoveries— — — — — 20 — 20 
HELOC and Junior Liens
Performing6,096 16,125 9,856 4,845 2,182 10,887 88,122 138,113 
Nonperforming— 21 — — — 1,257 1,001 2,279 
Total HELOC and Junior Liens6,096 16,146 9,856 4,845 2,182 12,144 89,123 140,392 
Gross charge-offs— — (21)— — — — (21)
Net charge-offs— — (21)— — — — (21)
Consumer
Performing4,214 972 354 394 107 234 2,587 8,862 
Total Consumer4,214 972 354 394 107 234 2,587 8,862 
Gross charge-offs— — (2)— — (50)— (52)
Current period recoveries— — — — 38 — 39 
Net charge-offs— — (1)— — (12)— (13)
Total
Pass385,876 610,959 823,394 428,857 306,508 734,660 299,622 3,589,876 
Special mention— 412 5,494 258 — 10,989 4,688 21,841 
Substandard or lower— 1,515 1,260 1,086 4,449 21,115 2,446 31,871 
Performing66,625 128,347 144,750 99,379 80,238 179,902 95,633 794,874 
Nonperforming— 168 — — 806 2,633 1,001 4,608 
Total$452,501 $741,401 $974,898 $529,580 $392,001 $949,299 $403,390 $4,443,070 
Schedule of Loan Portfolio Summarized by the Past Due Status
The performance and credit quality of the loan portfolio is also monitored by analyzing the age of the loans receivable as determined by the length of time a recorded payment is past due. The classes of the loan portfolio summarized by the past due status as of December 31, 2025 and December 31, 2024, are summarized as follows:
(In thousands)30-59
Days Past
Due
60-89
Days Past
Due
Greater
than 90
Days
Total Past
Due
CurrentTotal LoansLoans
Receivable
> 90 Days and
Accruing
December 31, 2025
Commercial real estate
CRE Nonowner Occupied$278 $ $5,144 $5,422 $1,358,618 $1,364,040 $ 
CRE Owner Occupied2,022 58 901 2,981 715,883 718,864  
Multifamily 196  196 419,071 419,267  
Farmland 1,581 46 1,627 226,189 227,816  
Total Commercial real estate2,300 1,835 6,091 10,226 2,719,761 2,729,987  
Commercial and industrial3,740 1,006 6,804 11,550 708,481 720,031  
Construction
Residential Construction    85,299 85,299  
Other Construction230   230 310,160 310,390  
Total Construction230   230 395,459 395,689  
Residential mortgage
1-4 Family 1st Lien4,192 165 484 4,841 412,580 417,421  
1-4 Family Rental812 1,054 1,047 2,913 408,052 410,965  
HELOC and Junior Liens1,474 486 1,815 3,775 174,341 178,116  
Total Residential Mortgage6,478 1,705 3,346 11,529 994,973 1,006,502  
Consumer7 14  21 10,608 10,629  
Total$12,755 $4,560 $16,241 $33,556 $4,829,282 $4,862,838 $ 
(In thousands)30-59
Days Past
Due
60-89
Days Past
Due
Greater
than 90
Days
Total Past
Due
CurrentTotal LoansLoans
Receivable
> 90 Days and
Accruing
December 31, 2024
Commercial real estate
CRE Nonowner Occupied$1,281 $1,515 $11,658 $14,454 $1,236,556 $1,251,010 $— 
CRE Owner Occupied39 51 262 352 623,655 624,007 — 
Multifamily— — — — 412,900 412,900 — 
Farmland184 — — 184 224,525 224,709 — 
Total Commercial real estate1,504 1,566 11,920 14,990 2,497,636 2,512,626 — 
Commercial and industrial74 794 871 704,521 705,392 — 
Construction
Residential Construction— — — — 99,399 99,399 — 
Other Construction— — — — 326,171 326,171 — 
Total Construction— — — — 425,570 425,570 — 
Residential mortgage
1-4 Family 1st Lien2,853 220 516 3,589 310,003 313,592 — 
1-4 Family Rental374 137 518 336,118 336,636 — 
HELOC and Junior Liens724 209 2,157 3,090 137,302 140,392 — 
Total Residential Mortgage3,951 436 2,810 7,197 783,423 790,620 — 
Consumer20 — — 20 8,842 8,862 — 
Total$5,549 $2,005 $15,524 $23,078 $4,419,992 $4,443,070 $— 
Schedule of Non-accrual Loans by Classes of the Loan Portfolio Including Loans Acquired With Credit Deterioration
Nonaccrual loans by loan portfolio class, including loans acquired with credit deterioration, as of December 31, 2025 and 2024 are summarized as follows:
December 31, 2025December 31, 2024
(In thousands)With a Related AllowanceWithout a Related AllowanceTotalWith a Related AllowanceWithout a Related AllowanceTotal
Commercial real estate
CRE Nonowner Occupied$2,873 $2,271 $5,144 $2,622 $11,153 $13,775 
CRE Owner Occupied509 2,043 2,552 — 546 546 
Multifamily 131 131 — 154 154 
Farmland 46 46 — — — 
Total Commercial real estate3,382 4,491 7,873 2,622 11,853 14,475 
Commercial and industrial10,519 398 10,917 758 3,894 4,652 
Residential mortgage
1-4 Family 1st Lien24 1,188 1,212 — 1,028 1,028 
1-4 Family Rental146 949 1,095 — 176 176 
HELOC and Junior Liens 1,840 1,840 — 2,279 2,279 
Total Residential Mortgage170 3,977 4,147 — 3,483 3,483 
Consumer 14 14 — — — 
Total loans$14,071 $8,880 $22,951 $3,380 $19,230 $22,610 
Schedule of Allowance for Loan Losses and Recorded Investment in Financing Receivables
The following table presents the activity in the ACL - loans by portfolio segment for the year ended December 31, 2025 and 2024:
(In thousands)Balance as of
December 31, 2024
PCD LoansCharge-offsRecoveriesNet Loans (Charged off) Recovered
Provision/(Benefit) for Credit Losses (1)
Balance as of December 31, 2025
Commercial Real Estate
CRE Nonowner Occupied$11,047 $89 $(1,085)$305 $(780)$(439)$9,917 
CRE Owner Occupied5,243 100 (346) (346)1,098 6,095 
Multifamily3,432 31    (2,020)1,443 
Farmland1,932     186 2,118 
Commercial and industrial7,122 36 (294)9 (285)2,386 9,259 
Construction
Residential Construction931     (454)477 
Other Construction2,131     (667)1,464 
Residential Mortgage
1-4 Family 1st Lien1,503 37  90 90 804 2,434 
1-4 Family Rental1,756 47    492 2,295 
HELOC and Junior Liens392 3    164 559 
Consumer25  (98)55 (43)48 30 
Total$35,514 $343 $(1,823)$459 $(1,364)$1,598 $36,091 
(1) Includes a $2.3 million initial provision on non-PCD loans acquired in the William Penn acquisition
(In thousands)Balance as of
December 31, 2023
Charge-offsRecoveriesNet Loans (Charged off) RecoveredProvision/(Benefit) for Credit LossesBalance as of December 31, 2024
Commercial Real Estate
CRE Nonowner Occupied$10,267 $— $$$778 $11,047 
CRE Owner Occupied5,646 — (407)5,243 
Multifamily2,202 — — — 1,230 3,432 
Farmland2,064 — — — (132)1,932 
Commercial and industrial7,131 (819)(818)809 7,122 
Construction
Residential Construction1,256 — — — (325)931 
Other Construction2,146 — — — (15)2,131 
Residential Mortgage
1-4 Family 1st Lien1,207 (7)16 287 1,503 
1-4 Family Rental1,859 (2)22 20 (123)1,756 
HELOC and Junior Liens389 (21)— (21)24 392 
Consumer20 (52)39 (13)18 25 
Total$34,187 $(901)$84 $(817)$2,144 $35,514 
The following table presents the ACL for loans and the amortized cost basis of loans as of December 31, 2025 and December 31, 2024:
(In thousands)ACL - LoansLoans
December 31, 2025Collectively Evaluated for Credit LossIndividually Evaluated for Credit LossTotal ACL - LoansCollectively Evaluated for Credit LossIndividually Evaluated for Credit LossTotal Loans
Commercial real estate
CRE Nonowner Occupied$9,374 $543 $9,917 $1,358,896 $5,144 $1,364,040 
CRE Owner Occupied6,020 75 6,095 716,312 2,552 718,864 
Multifamily1,443  1,443 419,136 131 419,267 
Farmland2,118  2,118 227,770 46 227,816 
Commercial and industrial7,835 1,424 9,259 709,114 10,917 720,031 
Construction
Residential Construction477  477 85,299  85,299 
Other Construction1,464  1,464 310,390  310,390 
Residential mortgage
1-4 Family 1st Lien2,434  2,434 416,209 1,212 417,421 
1-4 Family Rental2,289 6 2,295 409,870 1,095 410,965 
HELOC and Junior Liens559  559 176,276 1,840 178,116 
Consumer30  30 10,615 14 10,629 
Total$34,043 $2,048 $36,091 $4,839,887 $22,951 $4,862,838 

(In thousands)ACL - LoansLoans
December 31, 2024Collectively Evaluated for Credit LossIndividually Evaluated for Credit LossTotal ACL - LoansCollectively Evaluated for Credit LossIndividually Evaluated for Credit LossTotal Loans
Commercial real estate
CRE Nonowner Occupied$9,945 $1,102 $11,047 $1,237,235 $13,775 $1,251,010 
CRE Owner Occupied5,243 — 5,243 623,461 546 624,007 
Multifamily3,432 — 3,432 412,746 154 412,900 
Farmland1,932 — 1,932 224,709 — 224,709 
Commercial and industrial6,785 337 7,122 700,740 4,652 705,392 
Construction
Residential Construction931 — 931 99,399 — 99,399 
Other Construction2,131 — 2,131 326,171 — 326,171 
Residential mortgage
1-4 Family 1st Lien1,503 — 1,503 312,564 1,028 313,592 
1-4 Family Rental1,756 — 1,756 336,460 176 336,636 
HELOC and Junior Liens392 — 392 138,113 2,279 140,392 
Consumer25 — 25 8,862 — 8,862 
Total$34,075 $1,439 $35,514 $4,420,460 $22,610 $4,443,070 
Schedule of Troubled Debt Restructurings
Information related to loans modified (by type of modification) for the year ended December 31, 2024, whereby the borrower was experiencing financial difficulty at the time of modification, is set forth in the following table:
(Dollars in thousands)Interest OnlyTerm ExtensionCombination:
Interest Only and
Term Extension
Total% of Total Class of Financing Receivable
Year ended December 31, 2024
Commercial and industrial$— $— $287 $287 0.04 %
Residential mortgage
1-4 Family Rental— 184 — 184 0.05 %
HELOC and Junior Liens— — 92 92 0.07 %
Total Residential Mortgage— 184 92 276 0.03 %
Total loans$— $184 $379 $563