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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 |
--- | --- | ---
Mar. 31, 2025 | Mar. 31, 2024 | Dec. 31, 2024
Allowance for loan losses: |  |  |
Beginning Balance | $ 41,776 | $ 21,895 |
Charge-offs | (1,233) | (108) |
Recoveries | 311 | 102 |
(Credits) provisions | 200 | 708 |
Ending balance | 41,054 | 22,597 |
Ending balance: individually evaluated for impairment | 1,311 |  | $ 949
Ending balance: collectively evaluated for impairment | 39,743 |  | 40,827
Loans receivable: |  |  |
Loans | 3,991,539 |  | 3,993,505
Ending balance: collectively evaluated for impairment | 3,968,691 |  | 3,971,341
Real estate |  |  |
Loans receivable: |  |  |
Ending balance: individually evaluated for impairment | 20,150 |  | 19,444
Non-real estate |  |  |
Loans receivable: |  |  |
Ending balance: individually evaluated for impairment | 2,698 |  | 2,720
Commercial |  |  |
Allowance for loan losses: |  |  |
Beginning Balance | 6,004 | 2,272 |
Charge-offs | (157) | (5) |
Recoveries | 13 | 55 |
(Credits) provisions | 562 | (35) |
Ending balance | 6,422 | 2,287 |
Ending balance: individually evaluated for impairment | 581 |  | 325
Ending balance: collectively evaluated for impairment | 5,841 |  | 5,679
Loans receivable: |  |  |
Loans | 658,858 |  | 648,102
Ending balance: collectively evaluated for impairment | 656,919 |  | 646,189
Commercial | Real estate |  |  |
Loans receivable: |  |  |
Ending balance: individually evaluated for impairment | 1,035 |  | 906
Commercial | Non-real estate |  |  |
Loans receivable: |  |  |
Ending balance: individually evaluated for impairment | 904 |  | 1,007
Municipal |  |  |
Allowance for loan losses: |  |  |
Beginning Balance | 1,072 | 788 |
(Credits) provisions | 177 | (90) |
Ending balance | 1,249 | 698 |
Ending balance: collectively evaluated for impairment | 1,249 |  | 1,072
Loans receivable: |  |  |
Loans | 194,139 |  | 187,918
Ending balance: collectively evaluated for impairment | 194,139 |  | 187,918
Commercial real estate |  |  |
Allowance for loan losses: |  |  |
Beginning Balance | 21,804 | 14,153 |
(Credits) provisions | (943) | 317 |
Ending balance | 20,861 | 14,470 |
Ending balance: individually evaluated for impairment | 192 |  | 190
Ending balance: collectively evaluated for impairment | 20,669 |  | 21,614
Loans receivable: |  |  |
Loans | 2,275,241 |  | 2,294,113
Ending balance: collectively evaluated for impairment | 2,258,889 |  | 2,278,503
Commercial real estate | Real estate |  |  |
Loans receivable: |  |  |
Ending balance: individually evaluated for impairment | 16,068 |  | 15,326
Commercial real estate | Non-real estate |  |  |
Loans receivable: |  |  |
Ending balance: individually evaluated for impairment | 284 |  | 284
Residential real estate |  |  |
Allowance for loan losses: |  |  |
Beginning Balance | 4,924 | 3,782 |
Charge-offs | (92) |  |
Recoveries | 1 | 2 |
(Credits) provisions | 236 | 474 |
Ending balance | 5,069 | 4,258 |
Ending balance: collectively evaluated for impairment | 5,069 |  | 4,924
Loans receivable: |  |  |
Loans | 560,067 |  | 551,383
Ending balance: collectively evaluated for impairment | 557,020 |  | 548,171
Residential real estate | Real estate |  |  |
Loans receivable: |  |  |
Ending balance: individually evaluated for impairment | 3,047 |  | 3,212
Consumer |  |  |
Allowance for loan losses: |  |  |
Beginning Balance | 2,540 | 900 |
Charge-offs | (387) | (103) |
Recoveries | 173 | 45 |
(Credits) provisions | (45) | 42 |
Ending balance | 2,281 | $ 884 |
Ending balance: collectively evaluated for impairment | 2,281 |  | 2,540
Loans receivable: |  |  |
Loans | 123,028 |  | 132,869
Ending balance: collectively evaluated for impairment | 123,028 |  | 132,869
Equipment Financing |  |  |
Allowance for loan losses: |  |  |
Beginning Balance | 5,432 |  |
Charge-offs | (597) |  |
Recoveries | 124 |  |
(Credits) provisions | 213 |  |
Ending balance | 5,172 |  |
Ending balance: individually evaluated for impairment | 538 |  | 434
Ending balance: collectively evaluated for impairment | 4,634 |  | 4,998
Loans receivable: |  |  |
Loans | 180,206 |  | 179,120
Ending balance: collectively evaluated for impairment | 178,696 |  | 177,691
Equipment Financing | Non-real estate |  |  |
Loans receivable: |  |  |
Ending balance: individually evaluated for impairment | $ 1,510 |  | $ 1,429

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