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LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)

6 Months Ended

Jun. 30, 2025

LOANS AND ALLOWANCE FOR CREDIT LOSSES

Schedule of loans outstanding

Summary of Loans by Type

(In Thousands)


		June 30,			December 31,
		2025			2024
Commercial real estate - non-owner occupied		$	757,961		$	739,565
Commercial real estate - owner occupied			261,157			261,071
All other commercial loans			430,499			423,277
Residential mortgage loans			398,496			408,009
Consumer loans			71,145			63,926
Total			1,919,258			1,895,848
Less: allowance for credit losses on loans			(21,699)			(20,035)
Loans, net		$	1,897,559		$	1,875,813

Schedule of the past due loans


(In Thousands)		As of June 30, 2025
		Past Due			Past Due
		30-89			90+ Days			Nonaccrual			Current			Total
		Days			Still Accruing			Loans			Loans			Loans
Commercial real estate - non-owner occupied		$	0		$	0		$	6,634		$	751,327		$	757,961
Commercial real estate - owner occupied			0			0			4,801			256,356			261,157
All other commercial loans			428			34			9,761			420,276			430,499
Residential mortgage loans			971			0			3,718			393,807			398,496
Consumer loans			322			52			276			70,495			71,145
Total		$	1,721		$	86		$	25,190		$	1,892,261		$	1,919,258


(In Thousands)		As of December 31, 2024
		Past Due			Past Due
		30-89			90+ Days			Nonaccrual			Current			Total
		Days			Still Accruing			Loans			Loans			Loans
Commercial real estate - non-owner occupied		$	266		$	0		$	7,370		$	731,929		$	739,565
Commercial real estate - owner occupied			0			62			1,725			259,284			261,071
All other commercial loans			296			0			10,006			412,975			423,277
Residential mortgage loans			4,934			0			4,310			398,765			408,009
Consumer loans			162			57			431			63,276			63,926
Total		$	5,658		$	119		$	23,842		$	1,866,229		$	1,895,848

Schedule of amortized cost in loans by credit quality indicators by year of origination


(In Thousands)		Term Loans by Year of Origination
		2025			2024			2023			2022			2021			Prior			Revolving			Total
Commercial real estate - non-owner occupied
Pass		$	39,728		$	60,105		$	108,529		$	150,836		$	76,073		$	276,720		$	0		$	711,991
Special Mention			231			0			1,133			16,077			2,132			8,773			0			28,346
Substandard			0			109			263			9,823			0			7,429			0			17,624
Doubtful			0			0			0			0			0			0			0			0
Total commercial real estate - non-owner occupied		$	39,959		$	60,214		$	109,925		$	176,736		$	78,205		$	292,922		$	0		$	757,961
Year-to-date gross charge-offs		$	0		$	0		$	0		$	0		$	0		$	9		$	0		$	9
Commercial real estate - owner occupied
Pass		$	15,683		$	25,356		$	31,955		$	50,639		$	47,927		$	77,267		$	0		$	248,827
Special Mention			0			265			381			834			0			2,352			0			3,832
Substandard			0			0			0			0			2,267			6,231			0			8,498
Doubtful			0			0			0			0			0			0			0			0
Total commercial real estate - owner occupied		$	15,683		$	25,621		$	32,336		$	51,473		$	50,194		$	85,850		$	0		$	261,157
Year-to-date gross charge-offs		$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0
All other commercial loans
Pass		$	37,842		$	63,915		$	66,682		$	39,311		$	40,439		$	44,975		$	113,670		$	406,834
Special Mention			30			308			38			132			0			2,710			9,021			12,239
Substandard			0			0			0			3,478			4,896			1,254			1,798			11,426
Doubtful			0			0			0			0			0			0			0			0
Total all other commercial loans		$	37,872		$	64,223		$	66,720		$	42,921		$	45,335		$	48,939		$	124,489		$	430,499
Year-to-date gross charge-offs		$	0		$	0		$	0		$	0		$	333		$	0		$	208		$	541
Residential mortgage loans
Pass		$	14,147		$	41,141		$	44,812		$	77,310		$	48,054		$	168,679		$	0		$	394,143
Special Mention			0			0			0			0			0			0			0			0
Substandard			0			0			379			0			12			3,962			0			4,353
Doubtful			0			0			0			0			0			0			0			0
Total residential mortgage loans		$	14,147		$	41,141		$	45,191		$	77,310		$	48,066		$	172,641		$	0		$	398,496
Year-to-date gross charge-offs		$	0		$	0		$	0		$	0		$	0		$	5		$	0		$	5
Consumer loans
Pass		$	1,526		$	2,758		$	2,442		$	2,191		$	675		$	1,033		$	59,943		$	70,568
Special Mention			0			0			0			0			0			0			0			0
Substandard			0			0			3			2			0			67			505			577
Doubtful			0			0			0			0			0			0			0			0
Total consumer loans		$	1,526		$	2,758		$	2,445		$	2,193		$	675		$	1,100		$	60,448		$	71,145
Year-to-date gross charge-offs		$	0		$	0		$	24		$	38		$	0		$	0		$	82		$	144
Total Loans
Pass		$	108,926		$	193,275		$	254,420		$	320,287		$	213,168		$	568,674		$	173,613		$	1,832,363
Special Mention			261			573			1,552			17,043			2,132			13,835			9,021			44,417
Substandard			0			109			645			13,303			7,175			18,943			2,303			42,478
Doubtful			0			0			0			0			0			0			0			0
Total		$	109,187		$	193,957		$	256,617		$	350,633		$	222,475		$	601,452		$	184,937		$	1,919,258
Year-to-date gross charge-offs		$	0		$	0		$	24		$	38		$	333		$	14			290		$	699


		Term Loans by Year of Origination
(In Thousands)		2024			2023			2022			2021			2020			Prior			Revolving			Total
Commercial real estate - non-owner occupied
Pass		$	59,708		$	99,900		$	161,497		$	78,884		$	51,851		$	243,578		$	0		$	695,418
Special Mention			0			0			16,233			1,371			0			8,188			0			25,792
Substandard			116			0			9,928			0			0			8,311			0			18,355
Doubtful			0			0			0			0			0			0			0			0
Total commercial real estate - non-owner occupied		$	59,824		$	99,900		$	187,658		$	80,255		$	51,851		$	260,077		$	0		$	739,565
Year-to-date gross charge-offs		$	0		$	0		$	0		$	0		$	0		$	757		$	0		$	757
Commercial real estate - owner occupied
Pass		$	25,552		$	33,533		$	52,207		$	49,410		$	11,444		$	76,558		$	0		$	248,704
Special Mention			0			0			0			0			0			961			0			961
Substandard			0			5,125			729			2,367			0			3,185			0			11,406
Doubtful			0			0			0			0			0			0			0			0
Total commercial real estate - owner occupied		$	25,552		$	38,658		$	52,936		$	51,777		$	11,444		$	80,704		$	0		$	261,071
Year-to-date gross charge-offs		$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0
All other commercial loans
Pass		$	73,812		$	74,301		$	44,245		$	44,367		$	23,084		$	30,656		$	109,121		$	399,586
Special Mention			533			0			2,306			2			0			0			2,147			4,988
Substandard			44			0			3,478			5,229			109			1,078			8,765			18,703
Doubtful			0			0			0			0			0			0			0			0
Total all other commercial loans		$	74,389		$	74,301		$	50,029		$	49,598		$	23,193		$	31,734		$	120,033		$	423,277
Year-to-date gross charge-offs		$	0		$	0		$	427		$	60		$	21		$	122		$	0		$	630
Residential mortgage loans
Pass		$	41,450		$	48,937		$	80,789		$	50,108		$	35,601		$	146,231		$	0		$	403,116
Special Mention			0			0			0			0			0			0			0			0
Substandard			0			380			0			85			82			4,346			0			4,893
Doubtful			0			0			0			0			0			0			0			0
Total residential mortgage loans		$	41,450		$	49,317		$	80,789		$	50,193		$	35,683		$	150,577		$	0		$	408,009
Year-to-date gross charge-offs		$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0
Consumer loans
Pass		$	3,859		$	3,441		$	2,848		$	1,013		$	599		$	679		$	50,860		$	63,299
Special Mention			0			0			0			0			0			0			0			0
Substandard			0			8			4			0			0			71			544			627
Doubtful			0			0			0			0			0			0			0			0
Total consumer loans		$	3,859		$	3,449		$	2,852		$	1,013		$	599		$	750		$	51,404		$	63,926
Year-to-date gross charge-offs		$	0		$	69		$	130		$	7		$	8		$	1		$	114		$	329
Total Loans
Pass		$	204,381		$	260,112		$	341,586		$	223,782		$	122,579		$	497,702		$	159,981		$	1,810,123
Special Mention			533			0			18,539			1,373			0			9,149			2,147			31,741
Substandard			160			5,513			14,139			7,681			191			16,991			9,309			53,984
Doubtful			0			0			0			0			0			0			0			0
Total		$	205,074		$	265,625		$	374,264		$	232,836		$	122,770		$	523,842		$	171,437		$	1,895,848
Year-to-date gross charge-offs		$	0		$	69		$	557		$	67		$	29		$	880			114		$	1,716

Schedule of nonaccrual loans by major categories for the periods


		June 30, 2025
		Nonaccrual Loans with			Nonaccrual Loans			Total Nonaccrual
(In Thousands)		No Allowance			with an Allowance			Loans
Commercial real estate - non-owner occupied		$	6,634		$	0		$	6,634
Commercial real estate - owner occupied			4,562			239			4,801
All other commercial loans			9,761			0			9,761
Residential mortgage loans			3,718			0			3,718
Consumer loans			276			0			276
Total		$	24,951		$	239		$	25,190


		December 31, 2024
		Nonaccrual Loans with			Nonaccrual Loans			Total Nonaccrual
(In Thousands)		No Allowance			with an Allowance			Loans
Commercial real estate - non-owner occupied		$	7,370		$	0		$	7,370
Commercial real estate - owner occupied			1,467			258			1,725
All other commercial loans			10,006			0			10,006
Residential mortgage loans			4,310			0			4,310
Consumer loans			431			0			431
Total		$	23,584		$	258		$	23,842

Schedule of accrued Interest receivables written off


		Three Months Ended			Three Months Ended			Six Months Ended			Six Months Ended
(In Thousands)		June 30, 2025			June 30, 2024			June 30, 2025			June 30, 2024
Commercial real estate - non-owner occupied		$	0		$	7		$	0		$	19
Commercial real estate - owner occupied			51			10			51			10
All other commercial loans			0			2			0			118
Residential mortgage loans			3			5			8			18
Consumer loans			0			2			0			4
Total		$	54		$	26		$	59		$	169

Schedule of amortized cost of collateral dependent loans


		June 30, 2025						December 31, 2024
		Amortized						Amortized
(In Thousands)		Cost			Allowance			Cost			Allowance
Commercial real estate - non-owner occupied		$	6,634		$	0		$	7,370		$	0
Commercial real estate - owner occupied			4,801			9			6,749			122
All other commercial loans			9,761			0			16,006			0
Total		$	21,196		$	9		$	30,125		$	122

Schedule of activity related to the ACL on loans


	Commercial			Commercial			All
	real estate -			real estate -			other			Residential
	nonowner			owner			commercial			mortgage			Consumer
(In Thousands)	occupied			occupied			loans			loans			loans			Total
Balance, March 31, 2025	$	12,060		$	2,769		$	3,594		$	1,281		$	468		$	20,172
Charge-offs		(9)			0			(541)			(5)			(27)			(582)
Recoveries		0			0			1			1			32			34
Provision (credit) for credit losses on loans		1,042			286			837			37			(127)			2,075
Balance, June 30, 2025	$	13,093		$	3,055		$	3,891		$	1,314		$	346		$	21,699


	Commercial			Commercial			All
	real estate -			real estate -			other			Residential
	nonowner			owner			commercial			mortgage			Consumer
(In Thousands)	occupied			occupied			loans			loans			loans			Total
Balance, December 31, 2024	$	11,964		$	2,844		$	3,361		$	1,356		$	510		$	20,035
Charge-offs		(9)			0			(541)			(5)			(144)			(699)
Recoveries		0			0			2			2			56			60
Provision (credit) for credit losses on loans		1,138			211			1,069			(39)			(76)			2,303
Balance, June 30, 2025	$	13,093		$	3,055		$	3,891		$	1,314		$	346		$	21,699


	Commercial			Commercial			All
	real estate -			real estate -			other			Residential
	nonowner			owner			commercial			mortgage			Consumer
(In Thousands)	occupied			occupied			loans			loans			loans			Total
Balance, March 31, 2024	$	12,533		$	2,718		$	3,580		$	769		$	423		$	20,023
Charge-offs		(117)			0			0			0			(119)			(236)
Recoveries		0			0			15			0			14			29
Provision (credit) for credit losses on loans		(239)			183			83			343			196			566
Balance, June 30, 2024	$	12,177		$	2,901		$	3,678		$	1,112		$	514		$	20,382


	Commercial			Commercial			All
	real estate -			real estate -			other			Residential
	nonowner			owner			commercial			mortgage			Consumer
(In Thousands)	occupied			occupied			loans			loans			loans			Total
Balance, December 31, 2023	$	12,010		$	2,116		$	2,918		$	1,764		$	400		$	19,208
Charge-offs		(117)			0			(60)			0			(239)			(416)
Recoveries		0			0			35			3			26			64
Provision (credit) for credit losses on loans		284			785			785			(655)			327			1,526
Balance, June 30, 2024	$	12,177		$	2,901		$	3,678		$	1,112		$	514		$	20,382

Summary of performance of loans which were in non-accrual status that were modified in the past twelve months


(In Thousands)		Payment Status (Amortized Cost Basis)
June 30, 2025		Current or Past Due Less than 30 Days			90+ Days Past Due			Total
Commercial real estate - non-owner occupied		$	2,585		$	0		$	2,585
Commercial real estate - owner occupied			217			0			217
Total		$	2,802		$	0		$	2,802


(In Thousands)		Payment Status (Amortized Cost Basis)
June 30, 2024		Current or Past Due Less than 30 Days			90+ Days Past Due			Total
Commercial real estate - non-owner occupied		$	2,504		$	1,381		$	3,885

Schedule of carrying amount of foreclosed residential real estate properties


(In Thousands)		June 30,			December 31,
		2025			2024
Foreclosed residential real estate		$	246		$	25

Schedule of mortgage loans secured by residential real properties


(In Thousands)		June 30,			December 31,
		2025			2024
Residential real estate in process of foreclosure		$	445		$	717

Schedule of contract amounts of financial instruments with off-balance sheet risk


		June 30,			December 31,
(In Thousands)		2025			2024
Commitments to extend credit		$	408,779		$	380,003
Standby letters of credit			65,258			64,586

Schedule of balance and activity in the allowance for credit losses for off-balance sheet exposures


			Three Months Ended						Six Months Ended
(In Thousands)		June 30, 2025			June 30, 2024			June 30, 2025			June 30, 2024
Beginning Balance		$	463		$	684		$	455		$	690
Provision (credit) for unfunded commitments			279			(1)			287			(7)
Ending Balance, June 30		$	742		$	683		$	742		$	683