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Business Segments (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Schedule of reportable operating segments

The following tables provide income and asset information as of September 30, 2025 and December 31, 2024 and for three and nine months ended September 30, 2025 and 2024, which are included within the Consolidated Balance Sheets and Consolidated Statements of Income.

		Three Months Ended
		September 30, 2025
		Community Banking				Marine Lending				Wealth Management				All Other				Eliminations				Consolidated
		(in thousands)
Interest Income		$	23,429			$	2,504			$	—			$	—			$	—			$	25,933
Interest Expense			7,466				914				—				354				—				8,734
Net Interest Income (Expense)			15,963				1,590				—				(354	)			—				17,199
Gain on sales of loans			1,012				—				—				—				—				1,012
Other noninterest income			2,284				—				1,869				—				—				4,153
Net Revenue (Expense)			19,259				1,590				1,869				(354	)			—				22,364
Provision for credit losses			551				561				—				—				—				1,112
Salaries and employee benefits			8,115				—				576				26				—				8,717
Occupancy expenses			667				—				24				—				—				691
Professional fees			394				—				—				99				—				493
Data processing fees			450				—				19				—				—				469
Other noninterest expense			3,657				96				220				1				—				3,974
Total Noninterest Expenses			13,283				96				839				126				—				14,344
Income (loss) before taxes			5,425				933				1,030				(480	)			—				6,908
Income tax expense (benefit)			1,011				198				216				(101	)			—				1,324
Net Income (Loss)		$	4,414			$	735			$	814			$	(379	)		$	—			$	5,584
Other data:
Capital expenditures		$	354			$	—			$	26			$	—			$	—			$	380
Depreciation and amortization			265				—				41				16				—				322
		Three Months Ended
		September 30, 2024
		Community Banking				Marine Lending				Wealth Management				All Other				Eliminations				Consolidated
		(in thousands)
Interest Income		$	20,626			$	3,060			$	—			$	—			$	—			$	23,686
Interest Expense			8,730				1,445				—				354				—				10,529
Net Interest Income (Expense)			11,896				1,615				—				(354	)			—				13,157
Gain on sales of loans			627				—				—				—				—				627
Other noninterest income			3,109				—				1,515				—				—				4,624
Net Revenue (Expense)			15,632				1,615				1,515				(354	)			—				18,408
Provision for (recovery of) credit losses			1,609				(65	)			—				—				—				1,544
Salaries and employee benefits			7,084				—				439				25				—				7,548
Occupancy expenses			509				—				21				—				—				530
Professional fees			345				(3	)			—				66				—				408
Data processing fees			676				—				3				—				—				679
Other noninterest expense			3,343				117				264				1				—				3,725
Total Noninterest Expenses			11,957				114				727				92				—				12,890
Income (loss) before taxes			2,066				1,566				788				(446	)			—				3,974
Income tax expense (benefit)			145				328				166				(89	)			—				550
Net Income (Loss)		$	1,921			$	1,238			$	622			$	(357	)		$	—			$	3,424
Other data:
Capital expenditures		$	231			$	—			$	—			$	—			$	—			$	231

Depreciation and amortization 431 — 32 17 — $ 480

		Nine Months Ended
		September 30, 2025
		Community Banking				Marine Lending				Wealth Management				All Other				Eliminations				Consolidated
		(in thousands)
Interest Income		$	66,383			$	7,867			$	—			$	—			$	—			$	74,250
Interest Expense			23,806				3,148				—				1,063				—				28,017
Net Interest Income (Expense)			42,577				4,719				—				(1,063	)			—				46,233
Gain on sales of loans			2,545				—				—				—				—				2,545
(Loss) on the sale of securities			(12,425	)			—				—				—				—				(12,425	)
Other noninterest income			6,122				—				5,286				—				—				11,408
Net Revenue (Expense)			38,819				4,719				5,286				(1,063	)			—				47,761
Provision for credit losses			2,722				291				—				—				—				3,013
Salaries and employee benefits			22,086				—				1,577				78				—				23,741
Occupancy expenses			1,886				—				65				—				—				1,951
Professional fees			1,414				10				—				273				—				1,697
Data processing fees			1,598				—				54				—				—				1,652
Other noninterest expense			10,350				316				602				23				—				11,291
Total Noninterest Expenses			37,334				326				2,298				374				—				40,332
(Loss) income before taxes			(1,237	)			4,102				2,988				(1,437	)			—				4,416
Income tax (benefit) expense			(640	)			863				627				(314	)			—				536
Net (Loss) Income		$	(597	)		$	3,239			$	2,361			$	(1,123	)		$	—			$	3,880
Other data:
Capital expenditures		$	1,153			$	—			$	26			$	—			$	—			$	1,179
Depreciation and amortization			1,106				—				98				50				—				1,254
		Nine Months Ended
		September 30, 2024
		Community Banking				Marine Lending				Wealth Management				All Other				Eliminations				Consolidated
		(in thousands)
Interest Income		$	57,625			$	9,702			$	—			$	—			$	—			$	67,327
Interest Expense			24,239				4,297				—				1,063				—				29,599
Net Interest Income (Expense)			33,386				5,405				—				(1,063	)			—				37,728
Gain on sales of loans			1,280				—				—				—				—				1,280
Other noninterest income			7,512				—				4,244				—				—				11,756
Net Revenue (Expense)			42,178				5,405				4,244				(1,063	)			—				50,764
Provision for credit losses			1,902				298				—				—				—				2,200
Salaries and employee benefits			20,708				22				1,281				75				—				22,086
Occupancy expenses			1,503				—				66				—				—				1,569
Professional fees			1,201				10				—				214				—				1,425
Data processing fees			1,797				—				5				—				—				1,802
Other noninterest expense			9,727				435				722				11				—				10,895
Total Noninterest Expenses			34,936				467				2,074				300				—				37,777
Income (loss) before taxes			5,340				4,640				2,170				(1,363	)			—				10,787
Income tax expense (benefit)			466				974				456				(266	)			—				1,630
Net Income (Loss)		$	4,874			$	3,666			$	1,714			$	(1,097	)		$	—			$	9,157
Other data:
Capital expenditures		$	743			$	—			$	3			$	—			$	—			$	746

Depreciation and amortization 1,014 — 95 51 — 1,160

		Community Banking				Marine Lending				Wealth Management				All Other				Eliminations				Consolidated
Total assets at September 30, 2025		$	1,735,809			$	193,046			$	883			$	2,735			$	—			$	1,932,473
Total assets at December 31, 2024			1,645,219				218,055				955				1,986				—				1,866,215

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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X

- References

No definition available.

+ Details

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