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LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)

9 Months Ended

Sep. 30, 2025

LOANS AND ALLOWANCE FOR CREDIT LOSSES

Schedule of loans outstanding

Summary of Loans by Type

(In Thousands)


		September 30,			December 31,
		2025			2024
Commercial real estate - non-owner occupied		$	765,366		$	739,565
Commercial real estate - owner occupied			260,365			261,071
All other commercial loans			449,175			423,277
Residential mortgage loans			396,810			408,009
Consumer loans			73,391			63,926
Total			1,945,107			1,895,848
Less: allowance for credit losses on loans			(23,474)			(20,035)
Loans, net		$	1,921,633		$	1,875,813

Schedule of the past due loans


(In Thousands)		As of September 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		$	31		$	0		$	6,845		$	758,490		$	765,366
Commercial real estate - owner occupied			717			0			4,791			254,857			260,365
All other commercial loans			272			995			9,801			438,107			449,175
Residential mortgage loans			1,278			0			4,055			391,477			396,810
Consumer loans			211			30			270			72,880			73,391
Total		$	2,509		$	1,025		$	25,762		$	1,915,811		$	1,945,107


(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		$	53,250		$	65,536		$	107,900		$	149,368		$	76,627		$	268,253		$	0		$	720,934
Special Mention			78			31			582			15,998			804			4,738			0			22,231
Substandard			0			106			840			9,782			0			11,473			0			22,201
Doubtful			0			0			0			0			0			0			0			0
Total commercial real estate - non-owner occupied		$	53,328		$	65,673		$	109,322		$	175,148		$	77,431		$	284,464		$	0		$	765,366
Year-to-date gross charge-offs		$	0		$	0		$	0		$	0		$	0		$	9		$	0		$	9
Commercial real estate - owner occupied
Pass		$	19,593		$	24,980		$	31,686		$	49,970		$	46,419		$	71,348		$	0		$	243,996
Special Mention			0			360			378			829			814			5,563			0			7,944
Substandard			0			0			0			0			2,217			6,208			0			8,425
Doubtful			0			0			0			0			0			0			0			0
Total commercial real estate - owner occupied		$	19,593		$	25,340		$	32,064		$	50,799		$	49,450		$	83,119		$	0		$	260,365
Year-to-date gross charge-offs		$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0
All other commercial loans
Pass		$	65,748		$	42,675		$	66,799		$	37,466		$	35,968		$	43,265		$	123,303		$	415,224
Special Mention			19			501			36			80			28			2,509			8,359			11,532
Substandard			0			10,749			0			3,610			4,892			1,119			2,049			22,419
Doubtful			0			0			0			0			0			0			0			0
Total all other commercial loans		$	65,767		$	53,925		$	66,835		$	41,156		$	40,888		$	46,893		$	133,711		$	449,175
Year-to-date gross charge-offs		$	0		$	0		$	0		$	0		$	333		$	0		$	253		$	586
Residential mortgage loans
Pass		$	26,375		$	39,628		$	43,545		$	73,911		$	46,258		$	162,643		$	0		$	392,360
Special Mention			0			0			0			0			0			0			0			0
Substandard			0			0			407			333			129			3,581			0			4,450
Doubtful			0			0			0			0			0			0			0			0
Total residential mortgage loans		$	26,375		$	39,628		$	43,952		$	74,244		$	46,387		$	166,224		$	0		$	396,810
Year-to-date gross charge-offs		$	0		$	0		$	0		$	0		$	0		$	5		$	0		$	5
Consumer loans
Pass		$	2,331		$	2,340		$	2,031		$	1,978		$	557		$	733		$	62,870		$	72,840
Special Mention			0			0			0			5			0			0			0			5
Substandard			2			4			2			0			0			65			473			546
Doubtful			0			0			0			0			0			0			0			0
Total consumer loans		$	2,333		$	2,344		$	2,033		$	1,983		$	557		$	798		$	63,343		$	73,391
Year-to-date gross charge-offs		$	0		$	0		$	33		$	40		$	0		$	0		$	148		$	221
Total Loans
Pass		$	167,297		$	175,159		$	251,961		$	312,693		$	205,829		$	546,242		$	186,173		$	1,845,354
Special Mention			97			892			996			16,912			1,646			12,810			8,359			41,712
Substandard			2			10,859			1,249			13,725			7,238			22,446			2,522			58,041
Doubtful			0			0			0			0			0			0			0			0
Total		$	167,396		$	186,910		$	254,206		$	343,330		$	214,713		$	581,498		$	197,054		$	1,945,107
Year-to-date gross charge-offs		$	0		$	0		$	33		$	40		$	333		$	14		$	401		$	821


		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


		September 30, 2025
		Nonaccrual Loans with			Nonaccrual Loans			Total Nonaccrual
(In Thousands)		No Allowance			with an Allowance			Loans
Commercial real estate - non-owner occupied		$	6,582		$	263		$	6,845
Commercial real estate - owner occupied			4,791			0			4,791
All other commercial loans			9,801			0			9,801
Residential mortgage loans			4,055			0			4,055
Consumer loans			270			0			270
Total		$	25,499		$	263		$	25,762


		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			Nine Months Ended			Nine Months Ended
(In Thousands)		September 30, 2025			September 30, 2024			September 30, 2025			September 30, 2024
Commercial real estate - non-owner occupied		$	2		$	0		$	2		$	19
Commercial real estate - owner occupied			0			0			51			10
All other commercial loans			6			79			6			197
Residential mortgage loans			5			6			13			24
Consumer loans			0			4			0			8
Total		$	13		$	89		$	72		$	258

Schedule of amortized cost of collateral dependent loans


		September 30, 2025						December 31, 2024
		Amortized						Amortized
(In Thousands)		Cost			Allowance			Cost			Allowance
Commercial real estate - non-owner occupied		$	6,845		$	51		$	7,370		$	0
Commercial real estate - owner occupied			4,791			0			6,749			122
All other commercial loans			9,801			0			16,006			0
Total		$	21,437		$	51		$	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, June 30, 2025	$	13,093		$	3,055		$	3,891		$	1,314		$	346		$	21,699
Charge-offs		0			0			(45)			0			(77)			(122)
Recoveries		0			0			0			1			27			28
Provision for credit losses on loans		730			176			530			394			39			1,869
Balance, September 30, 2025	$	13,823		$	3,231		$	4,376		$	1,709		$	335		$	23,474


	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			(586)			(5)			(221)			(821)
Recoveries		0			0			2			3			83			88
Provision (credit) for credit losses on loans		1,868			387			1,599			355			(37)			4,172
Balance, September 30, 2025	$	13,823		$	3,231		$	4,376		$	1,709		$	335		$	23,474


	Commercial			Commercial			All
	real estate -			real estate -			other			Residential
	nonowner			owner			commercial			mortgage			Consumer
(In Thousands)	occupied			occupied			loans			loans			loans			Total
Balance, June 30, 2024	$	12,177		$	2,901		$	3,678		$	1,112		$	514		$	20,382
Charge-offs		(640)			0			(570)			0			(58)			(1,268)
Recoveries		0			0			5			1			25			31
Provision (credit) for credit losses on loans		381			(28)			311			647			(14)			1,297
Balance, September 30, 2024	$	11,918		$	2,873		$	3,424		$	1,760		$	467		$	20,442


	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		(757)			0			(630)			0			(297)			(1,684)
Recoveries		0			0			40			4			51			95
Provision (credit) for credit losses on loans		665			757			1,096			(8)			313			2,823
Balance, September 30, 2024	$	11,918		$	2,873		$	3,424		$	1,760		$	467		$	20,442

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)
September 30, 2025		Current or Past Due Less than 30 Days			90+ Days Past Due			Total
Commercial real estate - non-owner occupied		$	2,572		$	0		$	2,572
Commercial real estate - owner occupied			217			0			217
Total		$	2,789		$	0		$	2,789


(In Thousands)		Payment Status (Amortized Cost Basis)
September 30, 2024		Current or Past Due Less than 30 Days			90+ Days Past Due			Total
Commercial real estate - non-owner occupied		$	1,846		$	1,357		$	3,203

Schedule of carrying amount of foreclosed residential real estate properties


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

Schedule of mortgage loans secured by residential real properties


(In Thousands)		September 30,			December 31,
		2025			2024
Residential real estate in process of foreclosure		$	433		$	717

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


		September 30,			December 31,
(In Thousands)		2025			2024
Commitments to extend credit		$	426,396		$	380,003
Standby letters of credit			58,653			64,586

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


			Three Months Ended						Nine Months Ended
(In Thousands)		September 30, 2025			September 30, 2024			September 30, 2025			September 30, 2024
Beginning Balance		$	742		$	683		$	455		$	690
Provision (credit) for unfunded commitments			294			(90)			581			(97)
Ending Balance, September 30		$	1,036		$	593		$	1,036		$	593