XML 58 R48.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Loans, net and allowance for credit losses - Allocation of Allowance for Loan Losses and Related Loans by Major Classification of Loans (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Allowance for loan losses:          
Beginning Balance $ 22,597 $ 25,444 $ 21,895 $ 27,472 $ 27,472
Charge-offs (135) (77) (243) (152)  
Recoveries 65 52 167 118  
Provisions (credits) 596 (2,201) 1,304 (937)  
Ending balance 23,123 23,218 23,123 23,218 21,895
Ending balance: individually evaluated for impairment 422   422   31
Ending balance: collectively evaluated for impairment 22,701   22,701   21,864
Loans receivable:          
Loans     243   3,025
Loans 2,869,553   2,869,553   2,849,897
Ending balance: collectively evaluated for impairment 2,862,702   2,862,702   2,845,157
Cumulative impact of adoption | ASC 326          
Allowance for loan losses:          
Beginning Balance       (3,283) (3,283)
Ending balance          
Real estate          
Loans receivable:          
Ending balance: individually evaluated for impairment 6,844   6,844   4,730
Non-real estate          
Loans receivable:          
Ending balance: individually evaluated for impairment 7   7   10
Commercial          
Allowance for loan losses:          
Beginning Balance 2,287 2,481 2,272 4,365 4,365
Charge-offs (41)   (46) (4)  
Recoveries 25 5 80 5  
Provisions (credits) (100) 265 (135) 68  
Ending balance 2,171 2,751 2,171 2,751 2,272
Ending balance: individually evaluated for impairment 7   7   10
Ending balance: collectively evaluated for impairment 2,164   2,164   2,262
Loans receivable:          
Loans     46   58
Loans 461,014   461,014   368,411
Ending balance: collectively evaluated for impairment 460,629   460,629   368,394
Commercial | Cumulative impact of adoption | ASC 326          
Allowance for loan losses:          
Beginning Balance       (1,683) (1,683)
Ending balance          
Commercial | Real estate          
Loans receivable:          
Ending balance: individually evaluated for impairment 378   378   7
Commercial | Non-real estate          
Loans receivable:          
Ending balance: individually evaluated for impairment 7   7   10
Municipal          
Allowance for loan losses:          
Beginning Balance 698 2,318 788 1,247 1,247
Provisions (credits) 13 (1,491) (77) (1,167)  
Ending balance 711 827 711 827 788
Ending balance: collectively evaluated for impairment 711   711   788
Loans receivable:          
Loans 170,991   170,991   175,304
Ending balance: collectively evaluated for impairment 170,991   170,991   175,304
Municipal | Cumulative impact of adoption | ASC 326          
Allowance for loan losses:          
Beginning Balance       747 747
Ending balance          
Commercial real estate          
Allowance for loan losses:          
Beginning Balance 14,470 15,692 14,153 17,915 17,915
Recoveries       1  
Provisions (credits) 686 (731) 1,003 389  
Ending balance 15,156 14,961 15,156 14,961 14,153
Ending balance: individually evaluated for impairment 415   415   21
Ending balance: collectively evaluated for impairment 14,741   14,741   14,132
Loans receivable:          
Loans         2,598
Loans 1,793,652   1,793,652   1,863,118
Ending balance: collectively evaluated for impairment 1,788,513   1,788,513   1,860,144
Commercial real estate | Cumulative impact of adoption | ASC 326          
Allowance for loan losses:          
Beginning Balance       (3,344) (3,344)
Ending balance          
Commercial real estate | Real estate          
Loans receivable:          
Ending balance: individually evaluated for impairment 5,139   5,139   2,974
Residential real estate          
Allowance for loan losses:          
Beginning Balance 4,258 3,868 3,782 3,072 3,072
Recoveries 2 3 4 19  
Provisions (credits) (30) (104) 444 (291)  
Ending balance 4,230 3,767 4,230 3,767 3,782
Ending balance: collectively evaluated for impairment 4,230   4,230   3,782
Loans receivable:          
Loans 369,671   369,671   360,803
Ending balance: collectively evaluated for impairment 368,344   368,344   359,054
Residential real estate | Cumulative impact of adoption | ASC 326          
Allowance for loan losses:          
Beginning Balance       967 967
Ending balance          
Residential real estate | Real estate          
Loans receivable:          
Ending balance: individually evaluated for impairment 1,327   1,327   1,749
Consumer          
Allowance for loan losses:          
Beginning Balance 884 1,085 900 873 873
Charge-offs (94) (77) (197) (148)  
Recoveries 38 44 83 93  
Provisions (credits) 27 (140) 69 64  
Ending balance 855 $ 912 855 912 900
Ending balance: collectively evaluated for impairment 855   855   900
Loans receivable:          
Loans     197   369
Loans 74,225   74,225   82,261
Ending balance: collectively evaluated for impairment $ 74,225   $ 74,225   82,261
Consumer | Cumulative impact of adoption | ASC 326          
Allowance for loan losses:          
Beginning Balance       $ 30 $ 30
Ending balance