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Loans and Allowance for Credit Losses (Tables) | 12 Months Ended
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Dec. 31, 2023
Loans and Allowance for Credit Losses |
Schedule of total loans outstanding by portfolio segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, |  | December 31,
(dollars in thousands) |  | 2023 |  | 2022
Commercial | ​ | ​ | ​ | ​ | ​ | ​
Commercial and industrial | ​ | $ | 598,321 | ​ | $ | 583,876
Real estate construction | ​ |  | 124,034 | ​ |  | 97,810
Commercial real estate | ​ |  | 1,126,912 | ​ |  | 881,670
Total commercial | ​ |  | 1,849,267 | ​ |  | 1,563,356
Consumer | ​ |  |  | ​ |  |
Residential real estate first mortgage | ​ |  | 726,879 | ​ |  | 679,551
Residential real estate junior lien | ​ |  | 154,134 | ​ |  | 150,479
Other revolving and installment | ​ |  | 29,303 | ​ |  | 50,608
Total consumer | ​ |  | 910,316 | ​ |  | 880,638
Total loans | ​ | $ | 2,759,583 | ​ | $ | 2,443,994
​
Summary of changes in allowances | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year ended December 31, 2023
​ | ​ | Beginning | ​ | Adoption | ​ | Provision for | ​ | Loan | ​ | Loan | ​ | Ending
(dollars in thousands) |  | Balance |  | of ASC 326 |  | Credit Losses(1) |  | Charge-offs |  | Recoveries |  | Balance
Commercial | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commercial and industrial | ​ | $ | 9,233 | ​ | $ | (707) | ​ | $ | 645 | ​ | $ | (436) | ​ | $ | 1,159 | ​ | $ | 9,894
Real estate construction | ​ | ​ | 1,437 | ​ | ​ | 2,549 | ​ | ​ | 2,125 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 6,111
Commercial real estate | ​ | ​ | 12,761 | ​ | ​ | (131) | ​ | ​ | (778) | ​ | ​ | — | ​ | ​ | 45 | ​ | ​ | 11,897
Total commercial | ​ | ​ | 23,431 | ​ | ​ | 1,711 | ​ | ​ | 1,992 | ​ | ​ | (436) | ​ | ​ | 1,204 | ​ | ​ | 27,902
Consumer | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Residential real estate first mortgage | ​ | ​ | 5,857 | ​ | ​ | 2,269 | ​ | ​ | (1,829) | ​ | ​ | (49) | ​ | ​ | 330 | ​ | ​ | 6,578
Residential real estate junior lien | ​ | ​ | 1,318 | ​ | ​ | (27) | ​ | ​ | (115) | ​ | ​ | (77) | ​ | ​ | 52 | ​ | ​ | 1,151
Other revolving and installment | ​ | ​ | 540 | ​ | ​ | (96) | ​ | ​ | (273) | ​ | ​ | (51) | ​ | ​ | 92 | ​ | ​ | 212
Total consumer | ​ | ​ | 7,715 | ​ | ​ | 2,146 | ​ | ​ | (2,217) | ​ | ​ | (177) | ​ | ​ | 474 | ​ | ​ | 7,941
Total | ​ | $ | 31,146 | ​ | $ | 3,857 | ​ | $ | (225) | ​ | $ | (613) | ​ | $ | 1,678 | ​ | $ | 35,843
(1) | The difference in the credit loss expense reported herein compared to the consolidated statements of income is associated with the credit loss expense of $2.2 million related to off-balance sheet credit exposure and $40 thousand related to investment securities held-to-maturity.
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year ended December 31, 2022
​ | ​ | Beginning | ​ | Provision for | ​ | Loan | ​ | Loan | ​ | Ending
(dollars in thousands) |  | Balance |  | Loan Losses |  | Charge-offs |  | Recoveries |  | Balance
Commercial | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Commercial and industrial | ​ | $ | 9,218 | ​ | $ | 950 | ​ | $ | (1,396) | ​ | $ | 461 | ​ | $ | 9,233
Real estate construction | ​ |  | 810 | ​ |  | 551 | ​ |  | — | ​ |  | 76 | ​ |  | 1,437
Commercial real estate | ​ |  | 12,778 | ​ |  | (151) | ​ |  | — | ​ |  | 134 | ​ |  | 12,761
Total commercial | ​ |  | 22,806 | ​ |  | 1,350 | ​ |  | (1,396) | ​ |  | 671 | ​ |  | 23,431
Consumer | ​ |  | ​ | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Residential real estate first mortgage | ​ |  | 6,874 | ​ |  | (1,017) | ​ |  | — | ​ |  | — | ​ |  | 5,857
Residential real estate junior lien | ​ |  | 1,380 | ​ |  | (344) | ​ |  | — | ​ | ​ | 282 | ​ |  | 1,318
Other revolving and installment | ​ |  | 512 | ​ |  | 11 | ​ |  | (153) | ​ |  | 170 | ​ |  | 540
Total consumer | ​ |  | 8,766 | ​ |  | (1,350) | ​ |  | (153) | ​ |  | 452 | ​ |  | 7,715
Total | ​ | $ | 31,572 | ​ | $ | — | ​ | $ | (1,549) | ​ | $ | 1,123 | ​ | $ | 31,146
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year ended December 31, 2021
​ | ​ | Beginning | ​ | Provision for | ​ | Loan | ​ | Loan | ​ | Ending
(dollars in thousands) |  | Balance |  | Loan Losses |  | Charge-offs |  | Recoveries |  | Balance
Commercial | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Commercial and industrial | ​ | $ | 10,547 | ​ | $ | (1,759) | ​ | $ | (1,230) | ​ | $ | 1,660 | ​ | $ | 9,218
Real estate construction | ​ |  | 690 | ​ |  | 120 | ​ |  | — | ​ |  | — | ​ |  | 810
Commercial real estate | ​ |  | 14,574 | ​ |  | (2,082) | ​ |  | (536) | ​ |  | 822 | ​ |  | 12,778
Total commercial | ​ |  | 25,811 | ​ |  | (3,721) | ​ |  | (1,766) | ​ |  | 2,482 | ​ |  | 22,806
Consumer | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Residential real estate first mortgage | ​ |  | 6,174 | ​ |  | 700 | ​ |  | — | ​ |  | — | ​ |  | 6,874
Residential real estate junior lien | ​ |  | 1,472 | ​ |  | (215) | ​ |  | — | ​ |  | 123 | ​ |  | 1,380
Other revolving and installment | ​ |  | 789 | ​ |  | (264) | ​ |  | (156) | ​ |  | 143 | ​ |  | 512
Total consumer | ​ |  | 8,435 | ​ |  | 221 | ​ |  | (156) | ​ |  | 266 | ​ |  | 8,766
Total | ​ | $ | 34,246 | ​ | $ | (3,500) | ​ | $ | (1,922) | ​ | $ | 2,748 | ​ | $ | 31,572
​
Schedule of loans outstanding, by portfolio segment and risk category | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Revolving | ​ | ​ | ​
(dollars in thousands) |  | Term Loans Amortized Cost Basis by Origination Year | ​ | Loans Amortized | ​ | ​ | ​
As of December 31, 2023 | ​ | 2023 | ​ | 2022 | ​ | 2021 | ​ | 2020 | ​ | 2019 | ​ | Prior | ​ | Cost Basis | ​ | Total
Commercial and industrial | ​ | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​
Pass | ​ | $ | 197,533 | ​ | $ | 89,090 | ​ | $ | 67,691 | ​ | $ | 64,272 | ​ | $ | 34,603 | ​ | $ | 15,053 | ​ | $ | 100,239 | ​ | $ | 568,481
Special mention | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Substandard | ​ | ​ | 464 | ​ | ​ | 4,844 | ​ | ​ | 236 | ​ | ​ | 6,328 | ​ | ​ | 94 | ​ | ​ | 2,513 | ​ | ​ | 15,361 | ​ | ​ | 29,840
Doubtful | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Subtotal | ​ | $ | 197,997 | ​ | $ | 93,934 | ​ | $ | 67,927 | ​ | $ | 70,600 | ​ | $ | 34,697 | ​ | $ | 17,566 | ​ | $ | 115,600 | ​ | $ | 598,321
Gross charge-offs for the year ended | ​ | $ | 39 | ​ | $ | — | ​ | $ | 49 | ​ | $ | 11 | ​ | $ | 247 | ​ | $ | 90 | ​ | $ | — | ​ | $ | 436
Real estate construction | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Pass | ​ | $ | 29,902 | ​ | $ | 57,944 | ​ | $ | 14,326 | ​ | $ | 122 | ​ | $ | — | ​ | $ | 952 | ​ | $ | 121 | ​ | $ | 103,367
Special mention | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Substandard | ​ | ​ | — |  | ​ | 20,667 |  | ​ | — |  | ​ | — |  | ​ | — |  | ​ | — | ​ | ​ | — |  | ​ | 20,667
Doubtful | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Subtotal | ​ | $ | 29,902 | ​ | $ | 78,611 | ​ | $ | 14,326 | ​ | $ | 122 | ​ | $ | — | ​ | $ | 952 | ​ | $ | 121 | ​ | $ | 124,034
Gross charge-offs for the year ended | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | —
Commercial real estate | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Pass | ​ | $ | 272,261 | ​ | $ | 265,549 | ​ | $ | 142,027 | ​ | $ | 153,796 | ​ | $ | 116,861 | ​ | $ | 159,454 | ​ | $ | 7,794 | ​ | $ | 1,117,742
Special mention | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 262 | ​ | ​ | — | ​ | ​ | 262
Substandard | ​ | ​ | — | ​ | ​ | 587 | ​ | ​ | 2,872 | ​ | ​ | — | ​ | ​ | 3,690 | ​ | ​ | 1,759 | ​ | ​ | — |  | ​ | 8,908
Doubtful | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Subtotal | ​ | $ | 272,261 | ​ | $ | 266,136 | ​ | $ | 144,899 | ​ | $ | 153,796 | ​ | $ | 120,551 | ​ | $ | 161,475 | ​ | $ | 7,794 | ​ | $ | 1,126,912
Gross charge-offs for the year ended | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | —
Residential real estate first mortgage | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Performing | ​ | $ | 72,180 | ​ | $ | 207,177 | ​ | $ | 218,719 | ​ | $ | 108,100 | ​ | $ | 33,102 | ​ | $ | 87,212 | ​ | $ | 284 | ​ | $ | 726,774
Non-performing | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 105 | ​ | ​ | — | ​ | ​ | 105
Subtotal | ​ | $ | 72,180 | ​ | $ | 207,177 | ​ | $ | 218,719 | ​ | $ | 108,100 | ​ | $ | 33,102 | ​ | $ | 87,317 | ​ | $ | 284 | ​ | $ | 726,879
Gross charge-offs for the year ended | ​ | $ | — | ​ | $ | — | ​ | $ | 9 | ​ | $ | — | ​ | $ | — | ​ | $ | 40 | ​ | $ | — | ​ | $ | 49
Residential real estate junior lien | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Performing | ​ | $ | 18,408 | ​ | $ | 15,655 | ​ | $ | 5,946 | ​ | $ | 4,857 | ​ | $ | 1,769 | ​ | $ | 5,280 | ​ | $ | 100,438 | ​ | $ | 152,353
Non-performing | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,781 | ​ | ​ | 1,781
Subtotal | ​ | $ | 18,408 | ​ | $ | 15,655 | ​ | $ | 5,946 | ​ | $ | 4,857 | ​ | $ | 1,769 | ​ | $ | 5,280 | ​ | $ | 102,219 | ​ | $ | 154,134
Gross charge-offs for the year ended | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 77 | ​ | $ | — | ​ | $ | 77
Other revolving and installment | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Performing | ​ | $ | 5,320 | ​ | $ | 6,395 | ​ | $ | 980 | ​ | $ | 4,489 | ​ | $ | 1,554 | ​ | $ | 952 | ​ | $ | 9,613 | ​ | $ | 29,303
Non-performing | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Subtotal | ​ | $ | 5,320 | ​ | $ | 6,395 | ​ | $ | 980 | ​ | $ | 4,489 | ​ | $ | 1,554 | ​ | $ | 952 | ​ | $ | 9,613 | ​ | $ | 29,303
Gross charge-offs for the year ended | ​ | $ | 4 | ​ | $ | 2 | ​ | $ | — | ​ | $ | 31 | ​ | $ | 6 | ​ | $ | 8 | ​ | $ | — | ​ | $ | 51
Total loans | ​ | $ | 596,068 | ​ | $ | 667,908 | ​ | $ | 452,797 | ​ | $ | 341,964 | ​ | $ | 191,673 | ​ | $ | 273,542 | ​ | $ | 235,631 | ​ | $ | 2,759,583
Gross charge-offs for the year ended | ​ | $ | 43 | ​ | $ | 2 | ​ | $ | 58 | ​ | $ | 42 | ​ | $ | 253 | ​ | $ | 215 | ​ | $ | — | ​ | $ | 613
​ The following table sets forth the risk category of loans by class and credit quality indicator used on the most recent analysis performed as of December 31, 2022: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2022
​ | ​ | ​ | ​ | ​ | Criticized | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Special | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(dollars in thousands) |  | Pass |  | Mention |  | Substandard |  | Doubtful |  | Total
Commercial |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Commercial and industrial | ​ | $ | 558,694 | ​ | $ | 21,969 | ​ | $ | 3,213 | ​ | $ | — | ​ | $ | 583,876
Real estate construction | ​ |  | 97,548 | ​ |  | — | ​ |  | 262 | ​ |  | — | ​ |  | 97,810
Commercial real estate | ​ |  | 873,270 | ​ |  | — | ​ |  | 8,400 | ​ |  | — | ​ |  | 881,670
Total commercial | ​ | ​ | 1,529,512 | ​ | ​ | 21,969 | ​ | ​ | 11,875 | ​ | ​ | — | ​ | ​ | 1,563,356
Consumer | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Residential real estate first mortgage | ​ |  | 678,743 | ​ |  | 63 | ​ |  | 745 | ​ |  | — | ​ |  | 679,551
Residential real estate junior lien | ​ |  | 149,847 | ​ |  | — | ​ |  | 632 | ​ |  | — | ​ |  | 150,479
Other revolving and installment | ​ |  | 50,607 | ​ |  | — | ​ |  | 1 | ​ |  | — | ​ |  | 50,608
Total consumer | ​ |  | 879,197 | ​ |  | 63 | ​ |  | 1,378 | ​ |  | — | ​ |  | 880,638
Total loans | ​ | $ | 2,408,709 | ​ | $ | 22,032 | ​ | $ | 13,253 | ​ | $ | — | ​ | $ | 2,443,994
Schedule of past due aging analysis of the loan portfolio | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2023
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 90 Days | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Accruing | ​ | 30 - 59 Days | ​ | 60 - 89 Days | ​ | or More | ​ | ​ | ​ | ​ | Total
(dollars in thousands) |  | Current |  | Past Due |  | Past Due |  | Past Due |  | Nonaccrual |  | Loans
Commercial |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Commercial and industrial | ​ | $ | 590,663 | ​ | $ | 924 | ​ | $ | — | ​ | $ | 139 | ​ | $ | 6,595 | ​ | $ | 598,321
Real estate construction | ​ |  | 124,034 | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | 124,034
Commercial real estate | ​ |  | 1,125,669 | ​ |  | 128 | ​ |  | — | ​ |  | — | ​ |  | 1,115 | ​ |  | 1,126,912
Total commercial | ​ |  | 1,840,366 | ​ |  | 1,052 | ​ |  | — | ​ |  | 139 | ​ |  | 7,710 | ​ |  | 1,849,267
Consumer | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Residential real estate first mortgage | ​ |  | 724,786 | ​ |  | 901 | ​ |  | 554 | ​ |  | — | ​ | ​ | 638 | ​ |  | 726,879
Residential real estate junior lien | ​ |  | 153,220 | ​ |  | 666 | ​ |  | — | ​ |  | — | ​ |  | 248 | ​ |  | 154,134
Other revolving and installment | ​ |  | 29,086 | ​ |  | 170 | ​ |  | 47 | ​ |  | — | ​ |  | — | ​ |  | 29,303
Total consumer | ​ |  | 907,092 | ​ |  | 1,737 | ​ |  | 601 | ​ |  | — | ​ |  | 886 | ​ |  | 910,316
Total loans | ​ | $ | 2,747,458 | ​ | $ | 2,789 | ​ | $ | 601 | ​ | $ | 139 | ​ | $ | 8,596 | ​ | $ | 2,759,583
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2022
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 90 Days | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Accruing | ​ | 30 - 59 Days | ​ | 60 - 89 Days | ​ | or More | ​ | ​ | ​ | ​ | Total
(dollars in thousands) |  | Current |  | Past Due |  | Past Due |  | Past Due |  | Nonaccrual |  | Loans
Commercial | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Commercial and industrial | ​ | $ | 580,288 | ​ | $ | 2,332 | ​ | $ | 94 | ​ | $ | — | ​ | $ | 1,162 | ​ | $ | 583,876
Real estate construction | ​ |  | 97,370 | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | 440 | ​ |  | 97,810
Commercial real estate | ​ |  | 879,830 | ​ |  | 368 | ​ |  | — | ​ |  | — | ​ |  | 1,472 | ​ |  | 881,670
Total commercial | ​ |  | 1,557,488 | ​ |  | 2,700 | ​ |  | 94 | ​ |  | — | ​ |  | 3,074 | ​ |  | 1,563,356
Consumer | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Residential real estate first mortgage | ​ |  | 677,471 | ​ |  | 1,234 | ​ |  | 311 | ​ |  | — | ​ |  | 535 | ​ |  | 679,551
Residential real estate junior lien | ​ |  | 149,918 | ​ |  | 377 | ​ |  | — | ​ |  | — | ​ |  | 184 | ​ |  | 150,479
Other revolving and installment | ​ |  | 50,360 | ​ |  | 237 | ​ |  | 10 | ​ |  | — | ​ |  | 1 | ​ |  | 50,608
Total consumer | ​ |  | 877,749 | ​ |  | 1,848 | ​ |  | 321 | ​ |  | — | ​ |  | 720 | ​ |  | 880,638
Total loans | ​ | $ | 2,435,237 | ​ | $ | 4,548 | ​ | $ | 415 | ​ | $ | — | ​ | $ | 3,794 | ​ | $ | 2,443,994
Schedule of amortized cost basis on nonaccrual status loans | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31, 2023
​ | ​ | ​ | ​ | ​ | ​ | ​ | 90 Days
​ | ​ | Nonaccrual | ​ | ​ | ​ | ​ | or More
​ | ​ | with no Allowance | ​ | ​ | ​ | ​ | Past Due
(dollars in thousands) | ​ | for Credit Losses | ​ | Nonaccrual | ​ | and Accruing
Commercial | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commercial and industrial | ​ | $ | 79 | ​ | $ | 6,595 | ​ | $ | 139
Real estate construction | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Commercial real estate | ​ | ​ | 95 | ​ | ​ | 1,115 | ​ | ​ | —
Total commercial | ​ | ​ | 174 | ​ | ​ | 7,710 | ​ | ​ | 139
Consumer | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Residential real estate first mortgage | ​ | ​ | 632 | ​ | ​ | 638 | ​ | ​ | —
Residential real estate junior lien | ​ | ​ | 185 | ​ | ​ | 248 | ​ | ​ | —
Other revolving and installment | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Total consumer | ​ | ​ | 817 | ​ | ​ | 886 | ​ | ​ | —
Total loans | ​ | $ | 991 | ​ | $ | 8,596 | ​ | $ | 139
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2022
​ | ​ | ​ | ​ | ​ | ​ | ​ | 90 Days
​ | ​ | Nonaccrual | ​ | ​ | ​ | ​ | or More
​ | ​ | with no Allowance | ​ | ​ | ​ | ​ | Past Due
(dollars in thousands) | ​ | for Credit Losses | ​ | Nonaccrual | ​ | and Accruing
Commercial | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commercial and industrial | ​ | $ | 638 | ​ | $ | 1,162 | ​ | $ | —
Real estate construction | ​ | ​ | — | ​ | ​ | 440 | ​ | ​ | —
Commercial real estate | ​ | ​ | 576 | ​ | ​ | 1,472 | ​ | ​ | —
Total commercial | ​ | ​ | 1,214 | ​ | ​ | 3,074 | ​ | ​ | —
Consumer | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Residential real estate first mortgage | ​ | ​ | 535 | ​ | ​ | 535 | ​ | ​ | —
Residential real estate junior lien | ​ | ​ | 184 | ​ | ​ | 184 | ​ | ​ | —
Other revolving and installment | ​ | ​ | 1 | ​ | ​ | 1 | ​ | ​ | —
Total consumer | ​ | ​ | 720 | ​ | ​ | 720 | ​ | ​ | —
Total loans | ​ | $ | 1,934 | ​ | $ | 3,794 | ​ | $ | —
Schedule of financing receivables collateral dependent loans | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31, 2023
​ | ​ | Primary Type of Collateral
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Allowance for
(dollars in thousands) | ​ | Real estate | ​ | Equipment | ​ | Other | ​ | Total | ​ | Credit Losses
Commercial | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commercial and industrial | ​ | $ | 6,124 | ​ | $ | — | ​ | $ | — | ​ | $ | 6,124 | ​ | $ | 2,384
Commercial real estate | ​ | ​ | 695 | ​ | ​ | — | ​ | ​ | 96 | ​ | ​ | 791 | ​ | ​ | 601
Total commercial | ​ | ​ | 6,819 | ​ | ​ | — | ​ | ​ | 96 | ​ | ​ | 6,915 | ​ | ​ | 2,985
Consumer | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Residential real estate first mortgage | ​ | ​ | 638 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 638 | ​ | ​ | 3
Residential real estate junior lien | ​ | ​ | 134 | ​ | ​ | 22 | ​ | ​ | 93 | ​ | ​ | 249 | ​ | ​ | 6
Total consumer | ​ | ​ | 772 | ​ | ​ | 22 | ​ | ​ | 93 | ​ | ​ | 887 | ​ | ​ | 9
Total loans | ​ | $ | 7,591 | ​ | $ | 22 | ​ | $ | 189 | ​ | $ | 7,802 | ​ | $ | 2,994
Schedule of recorded investment and related allowance for loan losses on loans by portfolio segment methodology | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2022
​ | ​ | Recorded Investment | ​ | Allowance for Loan Losses
​ | ​ | Individually | ​ | Collectively | ​ | ​ | ​ | ​ | Individually | ​ | Collectively | ​ | ​ | ​
(dollars in thousands) |  | Evaluated |  | Evaluated |  | Total |  | Evaluated |  | Evaluated |  | Total
Commercial | ​ | ​ |  |  | ​ |  |  | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commercial and industrial | ​ | $ | 1,313 | ​ | $ | 582,563 | ​ | $ | 583,876 | ​ | $ | 275 | ​ | $ | 8,958 | ​ | $ | 9,233
Real estate construction | ​ |  | 262 | ​ |  | 97,548 | ​ |  | 97,810 | ​ | ​ | 97 | ​ | ​ | 1,340 | ​ | ​ | 1,437
Commercial real estate | ​ |  | 1,472 | ​ |  | 880,198 | ​ |  | 881,670 | ​ | ​ | 582 | ​ | ​ | 12,179 | ​ | ​ | 12,761
Total commercial | ​ |  | 3,047 | ​ |  | 1,560,309 | ​ |  | 1,563,356 | ​ | ​ | 954 | ​ | ​ | 22,477 | ​ | ​ | 23,431
Consumer | ​ |  |  | ​ |  |  | ​ |  |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Residential real estate first mortgage | ​ |  | 535 | ​ |  | 679,016 | ​ |  | 679,551 | ​ | ​ | — | ​ | ​ | 5,857 | ​ | ​ | 5,857
Residential real estate junior lien | ​ |  | 184 | ​ | ​ | 150,295 | ​ |  | 150,479 | ​ | ​ | — | ​ | ​ | 1,318 | ​ | ​ | 1,318
Other revolving and installment | ​ |  | 1 | ​ |  | 50,607 | ​ |  | 50,608 | ​ | ​ | — | ​ | ​ | 540 | ​ | ​ | 540
Total consumer | ​ |  | 720 | ​ |  | 879,918 | ​ |  | 880,638 | ​ | ​ | — | ​ | ​ | 7,715 | ​ | ​ | 7,715
Total loans | ​ | $ | 3,767 | ​ | $ | 2,440,227 | ​ | $ | 2,443,994 | ​ | $ | 954 | ​ | $ | 30,192 | ​ | $ | 31,146
Schedule of impaired loans | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2022
​ | ​ | Recorded | ​ | Unpaid | ​ | Related
(dollars in thousands) |  | Investment |  | Principal |  | Allowance
Impaired loans with a valuation allowance | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commercial and industrial | ​ | $ | 675 | ​ | $ | 711 | ​ | $ | 275
Real estate construction | ​ | ​ | 262 | ​ | ​ | 440 | ​ | ​ | 97
Commercial real estate | ​ |  | 896 | ​ |  | 900 | ​ |  | 582
Residential real estate first mortgage | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Total impaired loans with a valuation allowance | ​ | ​ | 1,833 | ​ | ​ | 2,051 | ​ | ​ | 954
Impaired loans without a valuation allowance |  | ​ |  |  | ​ |  |  | ​ |
Commercial and industrial | ​ | ​ | 638 | ​ | ​ | 767 | ​ | ​ | —
Real estate construction | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Commercial real estate | ​ | ​ | 576 | ​ |  | 660 | ​ |  | —
Residential real estate first mortgage | ​ | ​ | 535 | ​ |  | 573 | ​ |  | —
Residential real estate junior lien | ​ | ​ | 184 | ​ |  | 218 | ​ |  | —
Other revolving and installment | ​ | ​ | 1 | ​ |  | 1 | ​ |  | —
Total impaired loans without a valuation allowance | ​ | ​ | 1,934 | ​ | ​ | 2,219 | ​ | ​ | —
Total impaired loans | ​ | ​ |  | ​ |  |  | ​ |  |
Commercial and industrial | ​ | ​ | 1,313 | ​ | ​ | 1,478 | ​ | ​ | 275
Real estate construction | ​ | ​ | 262 | ​ | ​ | 440 | ​ | ​ | 97
Commercial real estate | ​ |  | 1,472 | ​ |  | 1,560 | ​ |  | 582
Residential real estate first mortgage | ​ | ​ | 535 | ​ | ​ | 573 | ​ | ​ | —
Residential real estate junior lien | ​ |  | 184 | ​ |  | 218 | ​ |  | —
Other revolving and installment | ​ |  | 1 | ​ |  | 1 | ​ |  | —
Total impaired loans | ​ | $ | 3,767 | ​ | $ | 4,270 | ​ | $ | 954
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31,
​ | ​ | 2022 | ​ | 2021
​ | ​ | Average | ​ | ​ | ​ | ​ | Average | ​ | ​ | ​
​ | ​ | Recorded | ​ | Interest | ​ | Recorded | ​ | Interest
(dollars in thousands) |  | Investment |  | Income |  | Investment |  | Income
Impaired loans with a valuation allowance | ​ |  |  | ​ |  |  | ​ | ​ | ​ | ​ | ​ | ​
Commercial and industrial | ​ | $ | 722 | ​ | $ | 13 | ​ | $ | 517 | ​ | $ | 13
Real estate construction | ​ | ​ | 442 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Commercial real estate | ​ |  | 935 | ​ |  | — | ​ | ​ | 187 | ​ |  | 7
Residential real estate first mortgage | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | ​
Residential real estate junior lien | ​ |  | — | ​ |  | — | ​ | ​ | — | ​ |  | —
Other revolving and installment | ​ |  | — | ​ |  | — | ​ | ​ | — | ​ |  | —
Total impaired loans with a valuation allowance | ​ | ​ | 2,099 | ​ | ​ | 13 | ​ | ​ | 704 | ​ | ​ | 20
Impaired loans without a valuation allowance | ​ | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Commercial and industrial | ​ | ​ | 707 | ​ | ​ | — | ​ | ​ | 1,988 | ​ | ​ | 20
Real estate construction | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Commercial real estate | ​ |  | 618 | ​ |  | — | ​ | ​ | 672 | ​ |  | —
Residential real estate first mortgage | ​ |  | 575 | ​ |  | — | ​ | ​ | 23 | ​ |  | —
Residential real estate junior lien | ​ |  | 191 | ​ | ​ | — | ​ | ​ | 98 | ​ | ​ | —
Other revolving and installment | ​ |  | 1 | ​ |  | — | ​ | ​ | 1 | ​ |  | —
Total impaired loans without a valuation allowance | ​ | ​ | 2,092 | ​ | ​ | — | ​ | ​ | 2,782 | ​ | ​ | 20
Total impaired loans | ​ |  |  | ​ |  |  | ​ | ​ |  | ​ |  |
Commercial and industrial | ​ | ​ | 1,429 | ​ | ​ | 13 | ​ | ​ | 2,505 | ​ | ​ | 33
Real estate construction | ​ | ​ | 442 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Commercial real estate | ​ |  | 1,553 | ​ |  | — | ​ | ​ | 859 | ​ |  | 7
Residential real estate first mortgage | ​ |  | 575 | ​ |  | — | ​ | ​ | 23 | ​ |  | —
Residential real estate junior lien | ​ |  | 191 | ​ |  | — | ​ | ​ | 98 | ​ |  | —
Other revolving and installment | ​ |  | 1 | ​ |  | — | ​ | ​ | 1 | ​ |  | —
Total impaired loans | ​ | $ | 4,191 | ​ | $ | 13 | ​ | $ | 3,486 | ​ | $ | 40
​

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