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Basis of Presentation (Tables)
 6 Months Ended
Jun. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Segment Revenue, Profit or Loss, Significant Segment Expenses and Other Segment Items
Segment revenue, profit or loss, significant segment expenses and other segment items
Three months endedSix months ended
(in thousands)June 30, 2025June 30, 2024June 30, 2025June 30, 2024
Community banking segment:
Interest income
$36,288 34,332 71,527 68,478 
Non-interest income
(16,233)(30,340)(13,922)(28,139)
Reconciliation of income
All other income1
612 585 1,175 1,138 
Total consolidated income
20,667 4,577 58,780 41,477 
Less:2
Total interest expense10,376 11,865 20,669 23,317 
Provision for credit losses on loans
— 5,200 75 5,550 
Provision for credit losses on unfunded loan commitments
— — — — 
Non-interest expense
Salaries and related benefits11,851 12,126 23,689 23,964 
Occupancy and equipment2,225 2,049 4,331 4,016 
Data processing1,008 962 2,087 1,985 
Deposit network fees1,054 916 1,986 1,761 
Information technology563 448 976 850 
Charitable contributions116 604 519 617 
Federal Deposit Insurance Corporation insurance421 426 809 861 
Professional services757 902 1,541 1,853 
Depreciation and amortization320 379 642 767 
Directors' expense279 306 583 623 
Amortization of core deposit intangible220 246 447 497 
Other expense2,278 2,090 4,314 4,392 
Segment (loss) income
(10,801)(33,942)(3,888)(29,576)
Reconciliation of segment income
All other loss1
398 440 830 877 
Loss before income taxes$(11,199)$(34,382)$(4,718)$(30,453)
1Other income and loss from segment below the quantitative thresholds are attributable to one operating segment of the Bank, the Wealth Management and Trust Services, which does not meet the quantitative thresholds for presenting reportable segments. Expenses of Wealth Management and Trust Services are comprised of salary and employee benefits, professional services, data processing, occupancy and equipment and other expenses totaling $398 thousand, and $440 thousand for the three months ended June 30, 2025 and 2024, respectively, and $830 thousand and $877 thousand for the six months ended June 30, 2025 and 2024, respectively.
2The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker.
Schedule of Earnings (Loss) Per Share Reconciliation
Three months endedSix months ended
(in thousands, except per share data)June 30, 2025June 30, 2024June 30, 2025June 30, 2024
Weighted average basic common shares outstanding15,989 16,108 15,983 16,095 
Potentially dilutive common shares related to:
Stock options— — — — 
Unvested restricted stock awards— — — — 
Weighted average diluted common shares outstanding15,989 16,108 15,983 16,095 
Net loss
$(8,536)$(21,902)$(3,660)$(18,980)
Basic loss per common share$(0.53)$(1.36)$(0.23)$(1.18)
Diluted loss per common share 1
$(0.53)$(1.36)$(0.23)$(1.18)
Weighted average anti-dilutive common shares and unvested restricted shares not included in the calculation of diluted EPS
298 393 284 325 
1 Because Bancorp was in a net loss position for the three and six months ended June 30, 2025 and 2024, diluted net loss per share is the same as basic net loss per share, as the inclusion of potentially dilutive common shares would have been anti-dilutive.