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Loans, net and allowance for credit losses - Changes in Allowance for Loan Losses Account by Major Classification of Loans (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2024 | Sep. 30, 2023 | Sep. 30, 2024 | Sep. 30, 2023
Allowance for loan losses: |  |  |  |
Beginning Balance | $ 23,123 | $ 23,218 | $ 21,895 | $ 27,472
Charge-offs | (533) | (65) | (776) | (217)
Recoveries | 452 | 23 | 619 | 141
(Credits) provisions | 130 | (166) | 1,434 | (1,103)
Ending balance | 39,341 | 23,010 | 39,341 | 23,010
Cumulative impact of adoption | ASC 326 |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning Balance |  |  |  | (3,283)
Adjusted Balance |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning Balance |  |  |  | 24,189
Non-PCD loans |  |  |  |
Allowance for loan losses: |  |  |  |
PCD Allowance for Credit Losses at Acquisition | 14,328 |  | 14,328 |
PCD loans |  |  |  |
Allowance for loan losses: |  |  |  |
PCD Allowance for Credit Losses at Acquisition | 1,841 |  | 1,841 |
Commercial |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning Balance | 2,171 | 2,751 | 2,272 | 4,365
Charge-offs | (5) |  | (51) | (4)
Recoveries | 10 | 4 | 90 | 9
(Credits) provisions | (162) | (504) | (297) | (436)
Ending balance | 4,610 | 2,251 | 4,610 | 2,251
Commercial | Cumulative impact of adoption | ASC 326 |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning Balance |  |  |  | (1,683)
Commercial | Adjusted Balance |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning Balance |  |  |  | 2,682
Commercial | Non-PCD loans |  |  |  |
Allowance for loan losses: |  |  |  |
PCD Allowance for Credit Losses at Acquisition | 2,259 |  | 2,259 |
Commercial | PCD loans |  |  |  |
Allowance for loan losses: |  |  |  |
PCD Allowance for Credit Losses at Acquisition | 337 |  | 337 |
Municipal |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning Balance | 711 | 827 | 788 | 1,247
(Credits) provisions | (321) | 40 | (398) | (1,127)
Ending balance | 963 | 867 | 963 | 867
Municipal | Cumulative impact of adoption | ASC 326 |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning Balance |  |  |  | 747
Municipal | Adjusted Balance |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning Balance |  |  |  | 1,994
Municipal | Non-PCD loans |  |  |  |
Allowance for loan losses: |  |  |  |
PCD Allowance for Credit Losses at Acquisition | 502 |  | 502 |
Municipal | PCD loans |  |  |  |
Allowance for loan losses: |  |  |  |
PCD Allowance for Credit Losses at Acquisition | 71 |  | 71 |
Commercial real estate |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning Balance | 15,156 | 14,961 | 14,153 | 17,915
Charge-offs | (26) |  | (27) |
Recoveries | 70 |  | 70 | 1
(Credits) provisions | 2,172 | 134 | 3,176 | 523
Ending balance | 21,892 | 15,095 | 21,892 | 15,095
Commercial real estate | Cumulative impact of adoption | ASC 326 |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning Balance |  |  |  | (3,344)
Commercial real estate | Adjusted Balance |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning Balance |  |  |  | 14,571
Commercial real estate | Non-PCD loans |  |  |  |
Allowance for loan losses: |  |  |  |
PCD Allowance for Credit Losses at Acquisition | 4,149 |  | 4,149 |
Commercial real estate | PCD loans |  |  |  |
Allowance for loan losses: |  |  |  |
PCD Allowance for Credit Losses at Acquisition | 371 |  | 371 |
Residential real estate |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning Balance | 4,230 | 3,767 | 3,782 | 3,072
Recoveries | 4 | 3 | 8 | 22
(Credits) provisions | (1,241) | 128 | (797) | (163)
Ending balance | 5,246 | 3,898 | 5,246 | 3,898
Residential real estate | Cumulative impact of adoption | ASC 326 |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning Balance |  |  |  | 967
Residential real estate | Adjusted Balance |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning Balance |  |  |  | 4,039
Residential real estate | Non-PCD loans |  |  |  |
Allowance for loan losses: |  |  |  |
PCD Allowance for Credit Losses at Acquisition | 1,785 |  | 1,785 |
Residential real estate | PCD loans |  |  |  |
Allowance for loan losses: |  |  |  |
PCD Allowance for Credit Losses at Acquisition | 468 |  | 468 |
Consumer |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning Balance | 855 | 912 | 900 | 873
Charge-offs | (444) | (65) | (640) | (213)
Recoveries | 310 | 16 | 393 | 109
(Credits) provisions | (528) | 36 | (460) | 100
Ending balance | 1,983 | $ 899 | 1,983 | 899
Consumer | Cumulative impact of adoption | ASC 326 |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning Balance |  |  |  | 30
Consumer | Adjusted Balance |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning Balance |  |  |  | $ 903
Consumer | Non-PCD loans |  |  |  |
Allowance for loan losses: |  |  |  |
PCD Allowance for Credit Losses at Acquisition | 1,470 |  | 1,470 |
Consumer | PCD loans |  |  |  |
Allowance for loan losses: |  |  |  |
PCD Allowance for Credit Losses at Acquisition | 320 |  | 320 |
Equipment Financing |  |  |  |
Allowance for loan losses: |  |  |  |
Charge-offs | (58) |  | (58) |
Recoveries | 58 |  | 58 |
(Credits) provisions | 210 |  | 210 |
Ending balance | 4,647 |  | 4,647 |
Equipment Financing | Non-PCD loans |  |  |  |
Allowance for loan losses: |  |  |  |
PCD Allowance for Credit Losses at Acquisition | 4,163 |  | 4,163 |
Equipment Financing | PCD loans |  |  |  |
Allowance for loan losses: |  |  |  |
PCD Allowance for Credit Losses at Acquisition | $ 274 |  | $ 274 |

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- Definition Amount excluding accrued interest, of allowance for credit loss on financing receivable. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479344/326-20-45-1 + Details
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