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Loans (Tables)

6 Months Ended

Jun. 30, 2026

Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable

Loan balances as of June 30, 2026 and December 31, 2025 are summarized in the table below. Categories of loans include:

(amounts in thousands)						June 30, 2026						December 31, 2025
Commercial loans
Commercial and industrial						$	212,675					$	221,714
Owner-occupied commercial real estate						51,749						48,575
Investor commercial real estate						669,970						647,394
Construction						427,076						372,668
Single tenant lease financing						288,720						222,925
Public finance						445,507						442,234
Healthcare finance						121,287						139,469
Small business lending1						435,686						430,024
Franchise finance						357,182						417,045
Total commercial loans						3,009,852						2,942,048
Consumer loans
Residential mortgage						326,258						343,110
Home equity						14,102						14,725
Other consumer loans						441,788						425,458
Total consumer loans						782,148						783,293
Total commercial and consumer loans						3,792,000						3,725,341
Net deferred loan origination costs, premiums and discounts on purchased loans, and other2						19,073						21,387
Total loans						3,811,073						3,746,728
Allowance for credit losses						(53,096)						(55,686)
Net loans						$	3,757,977					$	3,691,042

1 Balances include $59.8 million and $52.2 million that are guaranteed by the U.S. government as of June 30, 2026 and December 31, 2025, respectively.

2 Includes carrying value adjustment of $17.3 million and $19.1 million related to terminated interest rate swaps associated with public finance loans as of June 30, 2026 and December 31, 2025, respectively.

Allowance for Credit Losses on Financing Receivables

The following tables present changes in the balance of the ACL during the three and six months ended June 30, 2026 and 2025. 

(amounts in thousands)			Three Months Ended June 30, 2026
Allowance for credit losses:			Balance, Beginning of Period												Provision (Credit) Charged to Expense						Charge-Offs						Recoveries						Balance, End of Period
Commercial and industrial			$	1,903											$	197					$	(245)					$	5					$	1,860
Owner-occupied commercial real estate			256												27						—						—						283
Investor commercial real estate			2,382												(22)						—						—						2,360
Construction			2,736												5						—						—						2,741
Single tenant lease financing			1,007												45						—						—						1,052
Public finance			394												(10)						—						—						384
Healthcare finance			368												(44)						—						—						324
Small business lending			25,875												4,061						(5,037)						236						25,135
Franchise finance			16,558												9,058						(11,706)						145						14,055
Residential mortgage			2,169												(184)						(2)						2						1,985
Home equity			35												(4)						—						1						32
Other consumer loans			2,813												379						(338)						31						2,885
Total			$	56,496											$	13,508					$	(17,328)					$	420					$	53,096

(amounts in thousands)			Six Months Ended June 30, 2026
Allowance for credit losses:			Balance, Beginning of Period												(Credit) Provision Charged to Expense						Losses Charged Off						Recoveries						Balance, End of Period
Commercial and industrial			$	1,942											$	349					$	(447)					$	16					$	1,860
Owner-occupied commercial real estate			264												19						—						—						283
Investor commercial real estate			2,255												105						—						—						2,360
Construction			2,446												295						—						—						2,741
Single tenant lease financing			816												236						—						—						1,052
Public finance			411												(27)						—						—						384
Healthcare finance			605												(243)						(38)						—						324
Small business lending			27,796												11,180						(14,437)						596						25,135
Franchise finance			14,028												17,571						(17,753)						209						14,055
Residential mortgage			2,142												(77)						(82)						2						1,985
Home equity			38												(8)						—						2						32
Other consumer loans			2,943												714						(911)						139						2,885
Total			$	55,686											$	30,114					$	(33,668)					$	964					$	53,096

(amounts in thousands)			Three Months Ended June 30, 2025
Allowance for credit losses:			Balance, Beginning of Period						Provision (Credit) Charged to Expense						Charge-Offs						Recoveries						Balance, End of Period
Commercial and industrial			$	1,360					$	545					$	—					$	2					$	1,907
Owner-occupied commercial real estate			470						2						—						—						472
Investor commercial real estate			859						750						—						—						1,609
Construction			2,167						(396)						—						—						1,771
Single tenant lease financing			4,313						133						—						—						4,446
Public finance			529						(7)						—						—						522
Healthcare finance			1,310						(111)						—						—						1,199
Small business lending			17,555						7,978						(11,851)						40						13,722
Franchise finance			11,200						4,102						(2,238)						18						13,082
Residential mortgage			1,890						32						—						1						1,923
Home equity			96						(5)						—						1						92
Other consumer loans			5,489						573						(359)						69						5,772
Total			$	47,238					$	13,596					$	(14,448)					$	131					$	46,517

(amounts in thousands)			Six Months Ended June 30, 2025
Allowance for loan losses:			Balance, Beginning of Period						(Credit) Provision Charged to Expense						Losses Charged Off						Recoveries						Balance, End of Period
Commercial and industrial			$	1,265					$	638					$	—					$	4					$	1,907
Owner-occupied commercial real estate			528						(56)						—						—						472
Investor commercial real estate			1,149						460						—						—						1,609
Construction			1,984						(213)						—						—						1,771
Single tenant lease financing			4,782						(336)						—						—						4,446
Public finance			703						(181)						—						—						522
Healthcare finance			1,412						(213)						—						—						1,199
Small business lending			16,161						12,908						(15,520)						173						13,722
Franchise finance			8,976						12,174						(8,086)						18						13,082
Residential mortgage			2,136						(209)						(11)						7						1,923
Home equity			106						(17)						—						3						92
Other consumer loans			5,567						762						(672)						115						5,772
Total			$	44,769					$	25,717					$	(24,289)					$	320					$	46,517

The following tables present the amortized cost basis of collateral dependent loans, which are individually evaluated to determine expected credit losses as of June 30, 2026 and December 31, 2025.

						June 30, 2026
(amounts in thousands)						Commercial Real Estate						Residential Real Estate						Other (Includes Equipment, Machinery and Other Assets)						Total						Allowance on Collateral Dependent Loans
Small business lending1						$	9,807					$	—					$	6,537					$	16,344					$	332
Residential mortgage						—						5,501						—						5,501						—
Other consumer loans						—						34						175						209						—
Total loans						$	9,807					$	5,535					$	6,712					$	22,054					$	332

1 Balance includes $11.8 million of loans guaranteed by the U.S. government.

						December 31, 2025
(amounts in thousands)						Commercial Real Estate						Residential Real Estate						Other (Includes Equipment, Machinery and Other Assets)						Total						Allowance on Collateral Dependent Loans
Owner-occupied commercial real estate						$	1,654					$	—					$	—					$	1,654					$	—
Small business lending1						6,732						—						7,681						14,413						411
Residential mortgage						—						4,893						—						4,893						—
Other consumer loans						—						—						234						234						—
Total loans						$	8,386					$	4,893					$	7,915					$	21,194					$	411

1 Balance includes $8.5 million of loans guaranteed by the U.S. government.

Financing Receivables, Provision For Credit Losses On Off-Balance Sheet Commitments

The following tables detail activity in the (benefit) provision for credit losses on off-balance sheet commitments for the three and six months ended June 30, 2026.

(amounts in thousands)						Balance March 31, 2026												(Benefit) Provision for Credit Losses						Balance June 30, 2026
Off-balance sheet commitments
Commercial loans
Commercial and industrial						$	186											$	5					$	191
Investor commercial real estate						56												(10)						46
Construction						1,975												(53)						1,922
Single tenant lease financing						3												(1)						2
Small business lending						70												(17)						53
Total commercial loans						2,290												(76)						2,214
Total allowance for off-balance sheet commitments						$	2,290											$	(76)					$	2,214

(amounts in thousands)						Balance December 31, 2025												(Benefit) Provision for Credit Losses						Balance June 30, 2026
Off-balance sheet commitments
Commercial loans
Commercial and industrial						$	177											$	14					$	191
Investor commercial real estate						36												10						46
Construction						2,259												(337)						1,922
Single tenant lease financing						1												1						2
Small business lending						112												(59)						53
Total commercial loans						2,585												(371)						2,214
Total allowance for off-balance sheet commitments						$	2,585											$	(371)					$	2,214

The following table details activity in the provision (benefit) for credit losses on off-balance sheet commitments for the three and six months ended June 30, 2025.

(amounts in thousands)						Balance March 31, 2025						Provision (Benefit) for Credit Losses						Balance June 30, 2025
Off-balance sheet commitments
Commercial loans
Commercial and industrial						$	170					$	29					$	199
Investor commercial real estate						1						32						33
Construction						1,474						283						1,757
Single tenant lease financing						12						(7)						5
Small business lending						274						(273)						1
Total commercial loans						1,931						64						1,995
Consumer loans
Residential mortgage						1						—						1
Home equity						32						(32)						—
Other consumer loans						8						(8)						—
Total consumer loans						41						(40)						1
Total allowance for off-balance sheet commitments						$	1,972					$	24					$	1,996

(amounts in thousands)						Balance December 31, 2024						(Benefit) Provision for Credit Losses						Balance June 30, 2025
Off-balance sheet commitments
Commercial loans
Commercial and industrial						$	233					$	(34)					$	199
Owner-occupied commercial real estate						11						(11)						—
Investor commercial real estate						1						32						33
Construction						1,568						189						1,757
Single tenant lease financing						19						(14)						5
Small business lending						263						(262)						1
Total commercial loans						2,095						(100)						1,995
Consumer loans
Residential mortgage						1						—						1
Home equity						35						(35)						—
Other consumer loans						$	9					$	(9)					$	—
Total consumer loans						45						(44)						1
Total allowance for off-balance sheet commitments						$	2,140					$	(144)					$	1,996

Financing Receivable Credit Quality Indicators

The following tables present the credit risk profile of the Company’s commercial and consumer loan portfolios by loan class and by year of origination for the years indicated based on rating category and payment activity as of June 30, 2026 and December 31, 2025.

			June 30, 2026
			Term Loans (amortized cost basis by origination year)																																				Revolving loans amortized cost basis			Revolving loans converted to term
(amounts in thousands)			2026						2025						2024						2023						2022						Prior															Total
Commercial and industrial
Pass			$	36,689					$	79,166					$	14,249					$	5,175					$	7,019					$	14,351					$	38,385		$	—					$	195,034
Special Mention			55						1,130						531						—						579						4,222						10,907			—						17,424
Substandard			—						61						32						124						—						—						—			—						217
Doubtful			—						—						—						—						—						—						—			—						—
Total commercial and      industrial			36,744						80,357						14,812						5,299						7,598						18,573						49,292			—						212,675
Year-to-date gross charge-offs			39						378						30						—						—						—						—			—						447
Owner-occupied commercial real estate
Pass			7,099						4,069						6,069						1,401						5,076						17,826						—			—						41,540
Special Mention			—						—						—						—						—						8,572						—			—						8,572
Substandard			—						—						—						—						—						1,637						—			—						1,637
Doubtful			—						—						—						—						—						—						—			—						—
Total owner-occupied      commercial real estate			7,099						4,069						6,069						1,401						5,076						28,035						—			—						51,749
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—
Investor commercial real estate
Pass			40,739						61,405						28,629						209,580						147,076						85,659						—			—						573,088
Special Mention			—						—						—						64,757						28,394						3,731						—			—						96,882
Substandard			—						—						—						—						—						—						—			—						—
Doubtful			—						—						—						—						—						—						—			—						—
Total investor commercial real      estate			40,739						61,405						28,629						274,337						175,470						89,390						—			—						669,970
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—
Construction
Pass			33,970						115,393						184,217						67,059						23,393						1,652						1,392			—						427,076
Special Mention			—						—						—						—						—						—						—			—						—
Substandard			—						—						—						—						—						—						—			—						—
Doubtful			—						—						—						—						—						—						—			—						—
Total construction			33,970						115,393						184,217						67,059						23,393						1,652						1,392			—						427,076
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—
Single tenant lease financing
Pass			85,180						143,834						1,647						999						10,255						23,039						—			—						264,954
Special Mention			—						—						—						—						18,451						5,315						—			—						23,766
Substandard			—						—						—						—						—						—						—			—						—
Doubtful			—						—						—						—						—						—						—			—						—
Total single tenant lease      financing			85,180						143,834						1,647						999						28,706						28,354						—			—						288,720
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—
Public finance
Pass			32,803						37,836						7,214						—						5,106						361,593						—			—						444,552
Special Mention			—						—						—						—						—						955						—			—						955
Substandard			—						—						—						—						—						—						—			—						—
Doubtful			—						—						—						—						—						—						—			—						—
Total public finance			32,803						37,836						7,214						—						5,106						362,548						—			—						445,507
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—

			June 30, 2026
			Term Loans (amortized cost basis by origination year)																																				Revolving loans amortized cost basis			Revolving loans converted to term
(amounts in thousands)			2026						2025						2024						2023						2022						Prior															Total
Healthcare finance
Pass			257						—						—						—						—						120,170						—			—						120,427
Special Mention			—						—						—						—						—						860						—			—						860
Substandard			—						—						—						—						—						—						—			—						—
Doubtful			—						—						—						—						—						—						—			—						—
Total healthcare finance			257						—						—						—						—						121,030						—			—						121,287
Year-to-date gross charge-offs			—						—						—						—						—						38						—			—						38
Small business lending
Pass			31,486						141,774						90,694						51,424						18,902						16,452						31,218			—						381,950
Special Mention			—						627						4,658						5,106						645						1,228						2,232			—						14,496
Substandard			—						7,940						8,641						13,328						1,482						1,209						6,640			—						39,240
Doubtful			—						—						—						—						—						—						—			—						—
Total small business lending			31,486						150,341						103,993						69,858						21,029						18,889						40,090			—						435,686
Year-to-date gross charge-offs			—						4,345						5,749						4,080						6						257						—			—						14,437
Franchise finance
Pass			—						671						51,975						141,748						96,799						18,581						—			—						309,774
Special Mention			96						486						1,165						3,273						11,351						—						—			—						16,371
Substandard			—						—						—						15,861						8,611						5,165						—			—						29,637
Doubtful			—						—						—						800						600						—						—			—						1,400
Total franchise finance			96						1,157						53,140						161,682						117,361						23,746						—			—						357,182
Year-to-date gross charge-offs			—						—						1,281						4,555						3,789						8,128						—			—						17,753
Consumer loans
Residential mortgage
Performing			—						4,688						6,163						10,763						153,905						145,237						—			—						320,756
Nonperforming			—						—						—						—						3,275						2,227						—			—						5,502
Total residential mortgage			—						4,688						6,163						10,763						157,180						147,464						—			—						326,258
Year-to-date gross charge-offs			—						—						—						—						78						4						—			—						82
Home equity
Performing			—						—						—						538						763						756						11,498			547						14,102
Nonperforming			—						—						—						—						—						—						—			—						—
Total home equity			—						—						—						538						763						756						11,498			547						14,102
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—
Other consumer loans
Performing			62,540						91,843						76,315						68,202						65,190						76,759						730			—						441,579
Nonperforming			—						—						122						—						34						53						—			—						209
Total other consumer loans			62,540						91,843						76,437						68,202						65,224						76,812						730			—						441,788
Year-to-date gross charge-offs			23						79						129						333						108						239						—			—						911
Total Loans			$	330,914					$	690,923					$	482,321					$	660,138					$	606,906					$	917,249					$	103,002		$	547					$	3,792,000
Total year-to-date gross charge-offs			$	62					$	4,802					$	7,189					$	8,968					$	3,981					$	8,666					$	—		$	—					$	33,668

			December 31, 2025
			Term Loans (amortized cost basis by origination year)																																				Revolving loans amortized cost basis			Revolving loans converted to term
(amounts in thousands)			2025						2024						2023						2022						2021						Prior															Total
Commercial and industrial
Pass			$	91,592					$	18,608					$	6,984					$	10,450					$	530					$	14,152					$	60,071		$	—					$	202,387
Special Mention			177						256						—						4,746						4,237						—						9,671			—						19,087
Substandard			64						38						138						—						—						—						—			—						240
Doubtful			—						—						—						—						—						—						—			—						—
Total commercial and      industrial			91,833						18,902						7,122						15,196						4,767						14,152						69,742			—						221,714
Year-to-date gross charge-offs			94						59						—						—						—						—						—			—						153
Owner-occupied commercial real estate
Pass			4,159						6,202						1,421						5,174						4,155						15,966						—			—						37,077
Special Mention			—						—						—						—						852						8,991						—			—						9,843
Substandard			—						—						—						—						—						1,655						—			—						1,655
Doubtful			—						—						—						—						—						—						—			—						—
Total owner-occupied      commercial real estate			4,159						6,202						1,421						5,174						5,007						26,612						—			—						48,575
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—
Investor commercial real estate
Pass			61,333						80,798						195,528						179,155						91,708						35,141						—			—						643,663
Special Mention			—						—						—						—						—						3,731						—			—						3,731
Substandard			—						—						—						—						—						—						—			—						—
Doubtful			—						—						—						—						—						—						—			—						—
Total investor commercial real      estate			61,333						80,798						195,528						179,155						91,708						38,872						—			—						647,394
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—
Construction
Pass			65,190						147,941						132,835						23,114						—						2,042						1,546			—						372,668
Special Mention			—						—						—						—						—						—						—			—						—
Substandard			—						—						—						—						—						—						—			—						—
Doubtful			—						—						—						—						—						—						—			—						—
Total construction			65,190						147,941						132,835						23,114						—						2,042						1,546			—						372,668
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—
Single tenant lease financing
Pass			144,764						1,370						1,007						10,377						2,021						29,524						—			—						189,063
Special Mention			—						—						—						18,628						4,168						9,401						—			—						32,197
Substandard			—						—						—						—						—						1,665						—			—						1,665
Doubtful			—						—						—						—						—						—						—			—						—
Total single tenant lease      financing			144,764						1,370						1,007						29,005						6,189						40,590						—			—						222,925
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—
Public finance
Pass			44,077						11,119						—						5,301						10,385						369,442						—			—						440,324
Special Mention			—						—						—						—						—						1,910						—			—						1,910
Substandard			—						—						—						—						—						—						—			—						—
Doubtful			—						—						—						—						—						—						—			—						—
Total public finance			44,077						11,119						—						5,301						10,385						371,352						—			—						442,234
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—

			December 31, 2025
			Term Loans (amortized cost basis by origination year)																																				Revolving loans amortized cost basis			Revolving loans converted to term
(amounts in thousands)			2025						2024						2023						2022						2021						Prior															Total
Healthcare finance
Pass			—						—						—						—						7,317						128,623						—			—						135,940
Special Mention			—						—						—						—						—						933						—			—						933
Substandard			—						—						—						—						—						2,596						—			—						2,596
Doubtful			—						—						—						—						—						—						—			—						—
Total healthcare finance			—						—						—						—						7,317						132,152						—			—						139,469
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—
Small business lending
Pass			152,566						103,270						62,754						21,651						7,851						13,779						27,048			—						388,919
Special Mention			—						7,519						5,276						514						—						1,475						1,953			—						16,737
Substandard			—						5,838						11,637						1,315						270						1,416						3,892			—						24,368
Doubtful			—						—						—						—						—						—						—			—						—
Total small business lending			152,566						116,627						79,667						23,480						8,121						16,670						32,893			—						430,024
Year-to-date gross charge-offs			400						16,668						17,755						2,821						1,087						919						—			—						39,650
Franchise finance
Pass			718						56,732						172,080						120,012						29,064						—						—			—						378,606
Special Mention			510						628						3,351						6,972						—						—						—			—						11,461
Substandard			—						1,281						6,831						10,877						7,989						—						—			—						26,978
Doubtful			—						—						—						—						—						—						—			—						—
Total franchise finance			1,228						58,641						182,262						137,861						37,053						—						—			—						417,045
Year-to-date gross charge-offs			—						370						7,664						9,576						4,144						—						—			—						21,754
Consumer loans
Residential mortgage
Performing			4,770						6,271						10,901						163,760						78,631						73,883						—			—						338,216
Nonperforming			—						—						—						2,721						597						1,576						—			—						4,894
Total residential mortgage			4,770						6,271						10,901						166,481						79,228						75,459						—			—						343,110
Year-to-date gross charge-offs			—						—						—						75						—						—						—			—						75
Home equity
Performing			—						—						628						1,009						187						761						11,330			810						14,725
Nonperforming			—						—						—						—						—						—						—			—						—
Total home equity			—						—						628						1,009						187						761						11,330			810						14,725
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—
Other consumer loans
Performing			98,688						85,148						77,999						72,978						26,284						63,224						903			—						425,224
Nonperforming			—						96						84						9						34						11						—			—						234
Total other consumer loans			98,688						85,244						78,083						72,987						26,318						63,235						903			—						425,458
Year-to-date gross charge-offs			79						279						491						189						31						388						—			—						1,457
Total Loans			$	668,608					$	533,115					$	689,454					$	658,763					$	276,280					$	781,897					$	116,414		$	810					$	3,725,341
Total year-to-date gross charge-offs			$	573					$	17,376					$	25,910					$	12,661					$	5,262					$	1,307					$	—		$	—					$	63,089

Past Due Financing Receivables

The following tables present the Company’s loan portfolio delinquency, including nonperforming loans, as of June 30, 2026 and December 31, 2025. 

						June 30, 2026
(amounts in thousands)						30-59 Days Past Due						60-89 Days Past Due						90 Days  or More Past Due						Total  Past Due						Current						Total Loans
Commercial and industrial						$	10					$	2,005					$	—					$	2,015					$	210,660					$	212,675
Owner-occupied commercial real estate						—						—						—						—						51,749						51,749
Investor commercial real estate						—						—						—						—						669,970						669,970
Construction						—						—						—						—						427,076						427,076
Single tenant lease financing						—						—						—						—						288,720						288,720
Public finance						—						—						—						—						445,507						445,507
Healthcare finance						1,059						130						—						1,189						120,098						121,287
Small business lending						1,395						4,046						10,957						16,398						419,288						435,686
Franchise finance						1,618						4,413						27,354						33,385						323,797						357,182
Residential mortgage						2,277						1,511						3,286						7,074						319,184						326,258
Home equity						—						—						—						—						14,102						14,102
Other consumer loans						410						150						92						652						441,136						441,788
Total						$	6,769					$	12,255					$	41,689					$	60,713					$	3,731,287					$	3,792,000

						December 31, 2025
(amounts in thousands)						30-59 Days Past Due						60-89 Days Past Due						90 Days  or More Past Due						Total  Past Due						Current						Total Loans
Commercial and industrial						$	515					$	200					$	—					$	715					$	220,999					$	221,714
Owner-occupied commercial real estate						—						—						—						—						48,575						48,575
Investor commercial real estate						—						—						—						—						647,394						647,394
Construction						—						—						—						—						372,668						372,668
Single tenant lease financing						—						—						—						—						222,925						222,925
Public finance						—						—						—						—						442,234						442,234
Healthcare finance						—						—						1,150						1,150						138,319						139,469
Small business lending						20,325						4,277						9,445						34,047						395,977						430,024
Franchise finance						11,641						1,110						24,912						37,663						379,382						417,045
Residential mortgage						—						3,079						4,622						7,701						335,409						343,110
Home equity						—						—						—						—						14,725						14,725
Other consumer loans						243						102						141						486						424,972						425,458
Total						$	32,724					$	8,768					$	40,270					$	81,762					$	3,643,579					$	3,725,341

The following table summarizes the Company’s nonaccrual loans and loans past due 90 days or more and still accruing by loan class for the periods indicated:

						June 30, 2026																		December 31, 2025
(amounts in thousands)						Nonaccrual Loans						Nonaccrual Loans with No Allowance for Credit Losses						Total Loans 90 Days or More Past Due and Accruing						Nonaccrual Loans						Nonaccrual Loans with No Allowance for Credit Losses						Total Loans 90 Days or More Past Due and Accruing
Commercial and industrial						$	218					$	3					$	—					$	240					$	—					$	—
Single tenant lease financing						—						—						—						1,665						—						—
Healthcare finance						—						—						—						2,596						2,596						—
Small business lending1						24,545						23,779						34						19,781						18,928						—
Franchise finance						15,070						2,133						14,398						26,978						4,463						1,144
Residential mortgage						5,501						5,501						98						4,893						4,893						1,007
Other consumer loans						209						209						—						234						234						—
Total loans						$	45,543					$	31,625					$	14,530					$	56,387					$	31,114					$	2,151

1 Balance includes $19.2 million and $13.6 million at June 30, 2026 and December 31, 2025, respectively, of loans guaranteed by the U.S. government.

Loans Experiencing Financial Difficulty and Modified

The following tables present loans that were both experiencing financial difficulty and modified during the three months ended June 30, 2026 and 2025.

						Three Months Ended June 30, 2026
(dollars in thousands)						Payment Delay												Total Modification by Loan Class						% of Class of Loans
Small business lending						$	3,425											$	3,425					0.8		%
Residential mortgage						91												91						—		%
Total						$	3,516											$	3,516

						Three Months Ended June 30, 2025
(dollars in thousands)						Payment Delay						Total Modification by Loan Class						% of Class of Loans
Commercial and industrial						$	393					$	393					0.3		%
Single tenant lease financing						3,007						3,007						0.3		%
Small business lending						3,084						3,084						0.6		%
Total						$	6,484					$	6,484

The following table presents loans that were both experiencing financial difficulty and modified during the six months ended June 30, 2026 and 2025.

						Six Months Ended June 30, 2026
(dollars in thousands)						Payment Delay												Total Modification by Loan Class						% of Class of Loans
Commercial and industrial						$	3											$	3					—		%
Small business lending						3,425												3,425						0.8		%
Residential mortgage						91												91						—		%
Total						$	3,519											$	3,519

						Six Months Ended June 30, 2025
(dollars in thousands)						Payment Delay						Total Modification by Loan Class						% of Class of Loans
Commercial and industrial						$	393					$	393					0.3		%
Single tenant lease financing						3,007						3,007						0.3		%
Healthcare finance						2,634						2,634						1.7		%
Small business lending						3,084						3,084						0.6		%
Total						$	9,118					$	9,118

Performance of Loans Modified in the Last Twelve Months

The following table presents the performance of loans that were modified within the twelve months ended June 30, 2026.

						Twelve Months Ended June 30, 2026
(amounts in thousands)						Current												30 - 89 Days  Past Due						90+ Days Past Due
Commercial and industrial						$	3											$	—					$	—
Healthcare finance						—												130						—
Small business lending						3,425												—						21
Franchise finance						485												—						—
Residential mortgage						91												—						—
Total						$	4,004											$	130					$	21

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