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Loans and Allowance for Credit Losses (Tables)
 6 Months Ended
Jun. 30, 2024
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]  
Schedule of the composition of the loan portfolio
The following table presents the composition of the loan portfolio:

(In thousands)June 30, 2024December 31, 2023
Commercial real estate$950,086 $898,709 
Residential mortgage397,466 394,189 
Commercial and industrial149,080 152,344 
Home equity lines of credit84,858 90,163 
Real estate construction89,780 84,341 
Consumer9,888 9,954 
Gross loans1,681,158 1,629,700 
Unearned income(1,558)(1,712)
Total loans, net of unearned income$1,679,600 $1,627,988 
Schedule of classes of loan portfolio summarized by the past due status The following tables present the classes of the loan portfolio summarized by the past due status:
(In thousands)30–59 Days Past Due60–89 Days
Past Due		≥ 90 Days
Past Due		Total Past
Due		CurrentTotal Loans
Receivable		Loans
Receivable
≥ 90 Days
and
Accruing
June 30, 2024
Commercial real estate$214 $— $346 $560 $949,526 $950,086 $32 
Residential mortgage170 389 678 1,237 396,229 397,466 505 
Commercial and industrial653 56 157 866 148,214 149,080 — 
Home equity lines of credit443 12 207 662 84,196 84,858 207 
Real estate construction16 12 — 28 89,752 89,780 — 
Consumer16 4 — 20 9,868 9,888 — 
Gross Loans$1,512 $473 $1,388 $3,373 $1,677,785 $1,681,158 $744 

(In thousands)30–59 Days Past Due60–89 Days
Past Due		≥ 90 Days
Past Due		Total Past
Due		CurrentTotal Loans
Receivable		Loans
Receivable
≥ 90 Days
and
Accruing
December 31, 2023
Commercial real estate$150 $347 $— $497 $898,212 $898,709 $— 
Residential mortgage1,293 388 849 2,530 391,659 394,189 505 
Commercial and industrial50 — 159 209 152,135 152,344 — 
Home equity lines of credit414 — 654 1,068 89,095 90,163 654 
Real estate construction12 — — 12 84,329 84,341 — 
Consumer8 — 3 11 9,943 9,954 3 
Gross Loans$1,927 $735 $1,665 $4,327 $1,625,373 $1,629,700 $1,162 
Schedule of nonaccrual loans by loan portfolio class
Loans individually evaluated consist of nonaccrual loans, presented in the following table: 

(In thousands)With a Related AllowanceWithout a Related AllowanceTotal
June 30, 2024
Commercial real estate$314 $1,062 $1,376 
Residential mortgage— 172 172 
Commercial and industrial670 — 670 
Home equity lines of credit— 174 174 
 $984 $1,408 $2,392 
December 31, 2023
Commercial real estate$315 $1,164 $1,479 
Residential mortgage— 343 343 
Commercial and industrial1,004 — 1,004 
Home equity lines of credit— 185 185 
$1,319 $1,692 $3,011 
Schedule of Nonperforming Loans
Total nonperforming loans are as follows:

(In thousands)June 30, 2024December 31, 2023
Nonaccrual loans$2,392 $3,011 
Greater than or equal to 90 days past due and accruing744 1,162 
Total nonperforming loans$3,136 $4,173 
Financing Receivable, Amortized Cost Basis The following table presents the amortized cost basis of individually evaluated loans as of the periods presented:
Type of Collateral
(In thousands)Business AssetsReal Estate
June 30, 2024
Commercial real estate$— $1,376 
Residential mortgage— 172 
Commercial and industrial670 — 
Home equity lines of credit— 174 
Total$670 $1,722 
December 31, 2023
Commercial real estate$— $1,479 
Residential mortgage— 343 
Commercial and industrial1,004 — 
Home equity lines of credit— 185 
Total$1,004 $2,007 
Schedule of expected commercial loan modifications
The following presents the performance of loans modified in the previous twelve months as of June 30, 2024:

(In thousands)Current30-89 Days Past Due≥ 90 Days
Past Due		Total Past Due
Commercial and industrial$259 $— $— $— 
Financing Receivable, Loan Portfolio Class
The following summarizes designated internal risk categories by portfolio segment for loans assigned a risk rating and those evaluated based on the performance status:
June 30, 2024
Term Loans Amortized Cost Basis by Origination YearRevolving Loans Amortized Cost Basis
(In thousands)20242023202220212020PriorTotal
Internally Risk Rated:
Commercial real estate
Pass$83,987 $134,961 $156,662 $128,043 $57,944 $331,428 $15,672 $908,697 
Special Mention42 2,424 4,079 5,931 1,992 16,887 1,735 33,090 
Substandard— — — — 1,507 6,792 — 8,299 
Total Commercial real estate$84,029 $137,385 $160,741 $133,974 $61,443 $355,107 $17,407 $950,086 
Residential mortgage
Pass$11,954 $38,229 $24,251 $39,571 $14,258 $34,039 $298 $162,600 
Special Mention— 990 273 581 248 3,267 94 5,453 
Substandard— — — — — 241 — 241 
Total Residential Mortgage$11,954 $39,219 $24,524 $40,152 $14,506 $37,547 $392 $168,294 
Commercial and industrial
Pass$6,787 $11,578 $22,118 $32,936 $13,782 $26,669 $26,920 $140,790 
Special Mention179 160 285 221 156 498 2,078 3,577 
Substandard— 422 101 406 16 1,397 2,371 4,713 
Total Commercial and industrial$6,966 $12,160 $22,504 $33,563 $13,954 $28,564 $31,369 $149,080 
Home equity lines of credit
Pass$— $297 $95 $— $— $284 $5,235 $5,911 
Special Mention— — — — — — 717 717 
Substandard— — — — — 181 — 181 
Total Home equity lines of credit$— $297 $95 $— $— $465 $5,952 $6,809 
Real estate construction
Pass$5,830 $28,610 $38,226 $1,233 $314 $1,127 $6,239 $81,579 
Special Mention— — 284 — — 694 26 1,004 
Substandard— — — — — 65 — 65 
Total Real estate construction$5,830 $28,610 $38,510 $1,233 $314 $1,886 $6,265 $82,648 
Performance Rated:
Residential mortgage
Performing$8,101 $39,369 $42,477 $14,087 $15,413 $109,150 $70 $228,667 
Nonperforming— — — — — 505 — 505 
Total Residential Mortgage$8,101 $39,369 $42,477 $14,087 $15,413 $109,655 $70 $229,172 
Home equity lines of credit
Performing$— $21 $36 $— $12 $3,343 $74,430 $77,842 
Nonperforming— — — — — — 207 207 
Total Home equity lines of credit$— $21 $36 $— $12 $3,343 $74,637 $78,049 
Real estate construction
Performing$1,970 $3,073 $742 $169 $199 $978 $1 $7,132 
Total Real estate construction$1,970 $3,073 $742 $169 $199 $978 $1 $7,132 
Consumer
Performing$1,169 $1,856 $2,260 $611 $378 $1,025 $2,589 $9,888 
Total Consumer$1,169 $1,856 $2,260 $611 $378 $1,025 $2,589 $9,888 
Year-to-date gross charge-offs$— $— $5 $— $— $7 $100 $112 
Total Portfolio loans:
Pass$108,558 $213,675 $241,352 $201,783 $86,298 $393,547 $54,364 $1,299,577 
Special Mention221 3,574 4,921 6,733 2,396 21,346 4,650 43,841 
Substandard— 422 101 406 1,523 8,676 2,371 13,499 
Performing11,240 44,319 45,515 14,867 16,002 114,496 77,090 323,529 
Nonperforming— — — — — 505 207 712 
Total Portfolio loans$120,019 $261,990 $291,889 $223,789 $106,219 $538,570 $138,682 $1,681,158 
Year-to-date gross charge-offs$— $— $5 $— $— $7 $100 $112 
December 31, 2023
Term Loans Amortized Cost Basis by Origination YearRevolving Loans Amortized Cost Basis
(In thousands)20232022202120202019PriorTotal
Internally Risk Rated:
Commercial real estate
Pass$136,158 $152,767 $130,994 $60,918 $65,856 $287,026 $13,636 $847,355 
Special Mention1,927 6,385 5,920 1,904 8,222 16,244 1,994 42,596 
Substandard— — — 1,530 704 6,524 — 8,758 
Total Commercial real estate$138,085 $159,152 $136,914 $64,352 $74,782 $309,794 $15,630 $898,709 
Residential mortgage
Pass$39,146 $27,612 $41,031 $14,758 $10,492 $27,274 $402 $160,715 
Special Mention588 82 593 397 826 2,457 62 5,005 
Substandard— — — — — 218 — 218 
Total Residential mortgage$39,734 $27,694 $41,624 $15,155 $11,318 $29,949 $464 $165,938 
Commercial and industrial
Pass$12,319 $24,259 $34,830 $15,614 $13,922 $17,780 $25,147 $143,871 
Special Mention128 303 290 529 140 459 2,014 3,863 
Substandard7 135 499 91 9 1,597 2,272 4,610 
Total Commercial and industrial$12,454 $24,697 $35,619 $16,234 $14,071 $19,836 $29,433 $152,344 
Year-to-date gross charge-offs$— $— $— $— $— $110 $— $110 
Home equity lines of credit
Pass$300 $99 $— $— $— $131 $5,235 $5,765 
Special Mention— — — — — — 727 727 
Substandard— — — — — 362 — 362 
Total Home equity lines of credit$300 $99 $— $— $— $493 $5,962 $6,854 
Real estate construction
Pass$19,766 $39,758 $3,953 $1,160 $— $2,604 $8,003 $75,244 
Special Mention— 465 — 92 — 725 — 1,282 
Substandard— — — — — 69 — 69 
Total Real estate construction$19,766 $40,223 $3,953 $1,252 $— $3,398 $8,003 $76,595 
Performance Rated:
Residential mortgage
Performing$33,884 $45,221 $14,878 $16,184 $9,059 $108,021 $156 $227,403 
Nonperforming— — — — — 848 — 848 
Total Residential mortgage$33,884 $45,221 $14,878 $16,184 $9,059 $108,869 $156 $228,251 
Home equity lines of credit
Performing$23 $38 $— $13 $94 $4,742 $77,745 $82,655 
Nonperforming— — — — — 92 562 654 
Total Home equity lines of credit$23 $38 $— $13 $94 $4,834 $78,307 $83,309 
Real estate construction
Performing$5,571 $753 $175 $210 $170 $867 $— $7,746 
Total Real estate construction$5,571 $753 $175 $210 $170 $867 $— $7,746 
Consumer
Performing$2,351 $2,685 $778 $522 $271 $1,085 $2,259 $9,951 
Nonperforming— — — — — — 3 3 
Total Consumer$2,351 $2,685 $778 $522 $271 $1,085 $2,262 $9,954 
Year-to-date gross charge-offs$48 $83 $42 $55 $23 $78 $67 $396 
Total Portfolio loans
Pass$207,689 $244,495 $210,808 $92,450 $90,270 $334,815 $52,423 $1,232,950 
Special Mention2,643 7,235 6,803 2,922 9,188 19,885 4,797 53,473 
Substandard7 135 499 1,621 713 8,770 2,272 14,017 
Performing41,829 48,697 15,831 16,929 9,594 114,715 80,160 327,755 
Nonperforming— — — — — 940 565 1,505 
Total Portfolio loans$252,168 $300,562 $233,941 $113,922 $109,765 $479,125 $140,217 $1,629,700 
Year-to-date gross charge-offs$48 $83 $42 $55 $23 $188 $67 $506 
Summary of allowance for loan losses and recorded investment in loans receivable
The following table presents the activity in the ACL by loan portfolio segment:
(In thousands)Commercial
Real Estate		Residential
Mortgage		Commercial
and
Industrial		Home Equity
Lines of
Credit		Real Estate
Construction		ConsumerUnallocatedTotal
Three Months Ended June 30, 2024     
Beginning balance - April 1, 2024$12,240 $3,227 $1,960 $314 $2,313 $118 $— $20,172 
Charge-offs— — — — — (52)— (52)
Recoveries— — 3 — — 29 — 32 
Provisions (credits)(2,044)(388)(498)(2)(66)8 — (2,990)
Ending balance - June 30, 2024$10,196 $2,839 $1,465 $312 $2,247 $103 $— $17,162 
Six Months Ended June 30, 2024
Beginning balance - January 1, 2024$12,010 $3,303 $2,048 $397 $2,070 $141 $— $19,969 
Charge-offs— — — — — (112)— (112)
Recoveries— — 18 — — 54 — 72 
Provisions (credits)(1,814)(464)(601)(85)177 20 — (2,767)
Ending balance - June 30, 2024$10,196 $2,839 $1,465 $312 $2,247 $103 $— $17,162 
Three Months Ended June 30, 2023     
Beginning balance - April 1, 2023$11,032 $3,366 $2,105 $379 $2,465 $138 $— $19,485 
Charge-offs— — — — — (82)— (82)
Recoveries— — 9 — — 9 — 18 
Provisions696 (291)(173)9 (580)66 — (273)
Ending balance - June 30, 2023$11,728 $3,075 $1,941 $388 $1,885 $131 $— $19,148 
Six Months Ended June 30, 2023
Beginning balance - January 1, 2023$10,016 $3,029 $2,848 $347 $1,000 $376 $245 $17,861 
Impact of CECL adoption1,106 297 (762)17 1,347 (142)(245)1,618 
Charge-offs— — (29)— — (170)— (199)
Recoveries— — 10 — — 34 — 44 
Provisions606 (251)(126)24 (462)33 — (176)
Ending balance - June 30, 2023$11,728 $3,075 $1,941 $388 $1,885 $131 $— $19,148